NPORT-P
    false
    
      
      
        
          0000934563
          XXXXXXXX
        
      
      
      
      
        S000009376
        C000025691
      
      
    
  
  
    
      HC Capital Trust
      811-08918
      0000934563
      549300WBB2KZ0XDJW948
      Five Tower Bridge, 300 Barr Harbor
      5th Floor
      West Conshohocken
      
      19428
      610-828-7200
      The Intermediate Term Municipal Bond Portfolio
      S000009376
      549300ZT01LGEDY4WA93
      2022-06-30
      2022-03-31
      N
    
    
      367802602.13
      746181.46
      367056420.67
      0.00000000
      0.00000000
      0.00000000
      0.00000000
      0.00000000
      0.00000000
      0.00000000
      0.00000000
      0.00000000
      0.00000000
      0.00000000
      0.00000000
      0.00000000
      382765.75000000
      
        
          USD
          
          
        
      
      
      
      N
      
        
          
        
        
        
        
      
      
      
      
      
    
    
      
        NEW YORK ST DORM AUTH ST PERS INCOME TAX REV
        N/A
        NEW YORK ST DORM AUTH ST PERSONAL INCOME TAX REVEN
        64990FNX8
        
          
        
        1500000.00000000
        PA
        USD
        1612755.00000000
        0.439375232030
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2025-02-15
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        MICHIGAN FIN AUTH REV
        N/A
        MICHIGAN ST FIN AUTH REVENUE
        59447TF57
        
          
        
        2190000.00000000
        PA
        USD
        2639628.90000000
        0.719134375903
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2031-10-01
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        MONTGOMERY CNTY OHIO HOSP REV
        N/A
        COUNTY OF MONTGOMERY OH
        613520NS0
        
          
        
        800000.00000000
        PA
        USD
        948584.00000000
        0.258430025081
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2033-08-01
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV
        N/A
        NEW YORK CITY NY TRANSITIONAL FIN AUTH
        64971WMW7
        
          
        
        1000000.00000000
        PA
        USD
        1068830.00000000
        0.291189566456
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2029-08-01
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        UNIVERSITY CINCINNATI OHIO GEN RCPTS
        N/A
        UNIVERSITY OF CINCINNATI OH RECPTS
        914119W65
        
          
        
        1850000.00000000
        PA
        USD
        2098048.00000000
        0.571587331498
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2027-06-01
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        PIEDMONT MUN PWR AGY S C ELEC REV
        N/A
        PIEDMONT MUNICIPAL POWER AGENCY
        720175ZD3
        
          
        
        1000000.00000000
        PA
        USD
        1153910.00000000
        0.314368564345
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2029-01-01
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        OKLAHOMA ST MUN PWR AUTH PWR SUPPLY SYS REV
        N/A
        OKLAHOMA MUNICIPAL POWER AUTHORITY
        67910HQZ6
        
          
        
        530000.00000000
        PA
        USD
        582533.60000000
        0.158704103019
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2032-01-01
          Fixed
          4.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        INDIANA FIN AUTH HEALTH SYS REV
        N/A
        INDIANA UNIVERSITY HEALTH
        45470YEX5
        
          
        
        2250000.00000000
        PA
        USD
        2235465.00000000
        0.609024900291
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2058-12-01
          Fixed
          2.25000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        ILLINOIS ST TOLL HWY AUTH TOLL HIGHWAY REV
        N/A
        ILLINOIS STATE TOLL HIGHWAY AUTHORITY
        452252NR6
        
          
        
        1635000.00000000
        PA
        USD
        1763396.55000000
        0.480415666556
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2025-01-01
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        NORTH TEX TWY AUTH REV
        N/A
        NORTH TEXAS TOLLWAY SYSTEM
        66285WSC1
        
          
        
        1000000.00000000
        PA
        USD
        1054160.00000000
        0.287192905678
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2024-01-01
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        TOBACCO SETTLEMENT AUTH IOWA TOB SETTLEMENT REV
        N/A
        TOBACCO SETTLEMENT AUTH IA TABACCO SETTLEMENT REVE
        888805BW7
        
          
        
        450000.00000000
        PA
        USD
        548559.00000000
        0.149448141786
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2032-06-01
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        MICHIGAN FIN AUTH REV
        N/A
        MICHIGAN ST FIN AUTH REVENUE
        59447TC76
        
          
        
        1100000.00000000
        PA
        USD
        1311321.00000000
        0.357253252131
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2029-10-01
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        OKLAHOMA DEV FIN AUTH REV
        N/A
        OKLAHOMA ST DEV FIN AUTH
        6789083U6
        
          
        
        1000000.00000000
        PA
        USD
        990070.00000000
        0.269732374710
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2023-07-06
          Fixed
          1.62500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        LOWER COLO RIV AUTH TEX TRANSMISSION CONTRACT REV
        N/A
        LCRA TRANSMISSION SERVICE
        54811BSK8
        
          
        
        1000000.00000000
        PA
        USD
        1109700.00000000
        0.302324094474
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2026-05-15
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        CHARLOTTE-MECKLENBERG HOSP AUTH N C HEALTH CARE SYS REV
        N/A
        CHARLOTTE MECKLENBURG HOSPITAL AUTHORITY THE
        160853VE4
        
          
        
        1000000.00000000
        PA
        USD
        1158350.00000000
        0.315578187649
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2050-01-15
          Variable
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        GOLDEN ST TOB SECURITIZATION CORP CALIF TOB SETTLEMENT REV
        N/A
        GOLDEN STATE TOBACCO SECURITIZATION
        38122NZA3
        
          
        
        2460000.00000000
        PA
        USD
        2743736.40000000
        0.747497181766
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2026-06-01
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        NEW JERSEY ST HIGHER ED ASSISTANCE AUTH STUD LN
        N/A
        NEW JERSEY ST HGR EDU ASSISTANCE
        646080TP6
        
          
        
        2000000.00000000
        PA
        USD
        2046100.00000000
        0.557434738851
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2022-12-01
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        WEST TRAVIS CNTY TEX PUB UTIL AGY REV
        N/A
        WEST TRAVIS CNTY TX PUBLIC UTILITY AGY REVENUE
        95632CDF3
        
          
        
        1000000.00000000
        PA
        USD
        1103460.00000000
        0.300624083345
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2026-08-15
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        EASTON PA AREA SCH DIST
        N/A
        EASTON PA AREA SCH DIST
        277695KS0
        
          
        
        850000.00000000
        PA
        USD
        897957.00000000
        0.244637322611
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2025-04-01
          Fixed
          4.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        NORTH CAROLINA TPK AUTH TRIANGLE EXPWY SYS REV
        N/A
        NORTH CAROLINA ST TURNPIKE AUTH
        65830RBB4
        
          
        
        1000000.00000000
        PA
        USD
        1049200.00000000
        0.285841614780
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2024-01-01
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        ARLINGTON TEX HIGHER ED FIN CORP ED REV
        N/A
        ARLINGTON TX HGR EDU FIN CORP EDU REVENUE
        041806WN6
        
          
        
        1230000.00000000
        PA
        USD
        1433528.10000000
        0.390547071042
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2028-08-15
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        BIRMINGHAM ALA WTRWKS BRD WTR REV
        N/A
        BIRMINGHAM AL WTRWKS BRD STR REVENUE
        091096LB1
        
          
        
        1400000.00000000
        PA
        USD
        1477308.00000000
        0.402474365467
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2024-01-01
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        JEFFERSON LA SALES TAX DIST SPL SALES TAX REV
        N/A
        JEFFERSON LA SALES TAX DISTRICT
        474176KT0
        
          
        
        1415000.00000000
        PA
        USD
        1556471.70000000
        0.424041540305
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2025-12-01
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        Massachusetts Educational Financing Authority
        N/A
        MASSACHUSETTS ST EDUCTNL FINGAUTH
        57563RLJ6
        
          
        
        1000000.00000000
        PA
        USD
        1061740.00000000
        0.289257983299
        Long
        DBT
        CORP
        US
        
        N
        
        2
        
          2025-01-01
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        RHODE IS ST STUDENT LN AUTH ED LN REV
        N/A
        RHODE ISLAND ST STUDENT LOAN AUTH LOAN REVENUE
        762323BC6
        
          
        
        625000.00000000
        PA
        USD
        718981.25000000
        0.195877584347
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2029-12-01
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        FLORIDA ST MUN PWR AGY REV
        N/A
        FLORIDA ST MUNI PWR AGY
        342816Q57
        
          
        
        1000000.00000000
        PA
        USD
        1095520.00000000
        0.298460928159
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2025-10-01
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        WASHINGTON ST HEALTH CARE FACS AUTH REV
        N/A
        WASHINGTON ST HEALTH CARE
        93978HUQ6
        
          
        
        1250000.00000000
        PA
        USD
        1370100.00000000
        0.373266866575
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2025-10-01
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        PHILADELPHIA PA WTR & WASTEWTR REV
        N/A
        CITY OF PHILADELPHIA PA W
        717893N31
        
          
        
        1000000.00000000
        PA
        USD
        1138200.00000000
        0.310088568379
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2027-11-01
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        LOS ANGELES CALIF DEPT ARPTS REV
        N/A
        LOS ANGELES CA DEPT OF AIRPORTS AIRPORT REVENUE
        544445BM0
        
          
        
        1000000.00000000
        PA
        USD
        1032510.00000000
        0.281294629886
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2023-05-15
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        City of New York
        549300ABYZD2SFD5JB29
        NEW YORK NY
        64966QQP8
        
          
        
        2890000.00000000
        PA
        USD
        3363035.20000000
        0.916217510610
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2032-04-01
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        OMAHA NEB SAN SEW REV
        N/A
        OMAHA NE SANTN SWR REVENUE
        681810MT1
        
          
        
        1000000.00000000
        PA
        USD
        1100210.00000000
        0.299738660882
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2032-04-01
          Fixed
          4.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        CLIFTON TEX HIGHER ED FIN CORP ED REV
        N/A
        CLIFTON HIGHER EDUCATION FINANCE CORP
        187145PW1
        
          
        
        950000.00000000
        PA
        USD
        1063895.50000000
        0.289845222720
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2034-08-15
          Fixed
          4.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        UNIVERSITY CINCINNATI OHIO GEN RCPTS
        N/A
        UNIVERSITY OF CINCINNATI OH RECPTS
        914119W40
        
          
        
        700000.00000000
        PA
        USD
        761880.00000000
        0.207564820309
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2025-06-01
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        CHICAGO ILL PK DIST
        N/A
        CHICAGO PARK DISTRICT
        167615TK9
        
          
        
        1000000.00000000
        PA
        USD
        1052760.00000000
        0.286811492924
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2026-01-01
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        WAKE CNTY N C
        N/A
        WAKE CNTY NC
        9308635G6
        
          
        
        3000000.00000000
        PA
        USD
        3217050.00000000
        0.876445641279
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2024-09-01
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        ATLANTA GA DEV AUTH REV
        N/A
        ATLANTA GA DEV AUTH SNR LIEN SER A 1
        04780NHW0
        
          
        
        1000000.00000000
        PA
        USD
        1036230.00000000
        0.282308098059
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2023-07-01
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        CHICAGO ILL WTR REV
        N/A
        CHICAGO IL WTRWKS REVENUE
        167736B48
        
          
        
        1000000.00000000
        PA
        USD
        1073220.00000000
        0.292385567875
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2025-11-01
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        SAN ANTONIO TEX ARPT SYS REV
        N/A
        SAN ANTONIO TX ARPT SYS REVENUE
        796242TX3
        
          
        
        1750000.00000000
        PA
        USD
        1886885.00000000
        0.514058573490
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2025-07-01
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        CHICAGO ILL CTFS PARTN TAX INCREMENT ALLOCATION REV
        N/A
        CHICAGO ILLINOIS INCREMENT ALLOCATION REVENUE
        16752QAB4
        
          
        
        72808.85000000
        PA
        USD
        69350.43000000
        0.018893670317
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2026-02-15
          Fixed
          7.46000000
          Y
          N
          N
        
        
          N
          N
          N
        
      
      
        PHILADELPHIA PA WTR & WASTEWTR REV
        N/A
        PHILADELPHIA PA WTR WSTWTR REVENUE
        717893L41
        
          
        
        3500000.00000000
        PA
        USD
        4122335.00000000
        1.123079387216
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2032-10-01
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        POLK CNTY FLA UTIL SYS REV
        N/A
        POLY CNTY FL UTILITY SYS REVENUE
        731167FX5
        
          
        
        955000.00000000
        PA
        USD
        1086150.15000000
        0.295908227955
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2027-10-01
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        UTICA MICH CMNTY SCHS
        N/A
        UTICA COMMUNITY SCHOOLS
        917661T59
        
          
        
        2960000.00000000
        PA
        USD
        3290336.00000000
        0.896411509160
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2026-05-01
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        LOVE FIELD ARPT MODERNIZATION CORP TEX SPL FACS REV
        N/A
        LOVE FIELD TX ARPT MODERNIZATION CORP
        54714FAG5
        
          
        
        1220000.00000000
        PA
        USD
        1236006.40000000
        0.336734717170
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2028-11-01
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        INDIANA FIN AUTH HOSP REV
        N/A
        INDIANA ST FIN AUTH HOSP REVENUE REF PARKVIEW
        45471APV8
        
          
        
        1000000.00000000
        PA
        USD
        1073790.00000000
        0.292540857353
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2024-11-01
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        ARLINGTON TEX HIGHER ED FIN CORP ED REV
        N/A
        ARLINGTON TX HGR EDU FIN CORP EDU REVENUE
        041806WM8
        
          
        
        1025000.00000000
        PA
        USD
        1171780.00000000
        0.319237025703
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2027-08-15
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        SALES TAX SECURITIZATION CORP ILL
        N/A
        SALES TAX SECURITIZATION CORP IL
        79467BCU7
        
          
        
        2000000.00000000
        PA
        USD
        2280520.00000000
        0.621299580003
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2029-01-01
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        WAKE CNTY N C LTD OBLIG
        N/A
        COUNTY OF WAKE NC
        930876EH6
        
          
        
        1000000.00000000
        PA
        USD
        1175110.00000000
        0.320144243180
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2028-09-01
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        NEW YORK ST TWY AUTH ST PERS INCOME TAX REV
        N/A
        NEW YORK STATE THRUWAY AUTHORITY
        650028WT6
        
          
        
        1250000.00000000
        PA
        USD
        1480525.00000000
        0.403350797487
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2033-03-15
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        COMMONWEALTH FING AUTH PA TOB MASTER SETTLEMENT PMT REV
        N/A
        COMMONWEALTH FINANCING AUTHORITHY
        20282EAD8
        
          
        
        1250000.00000000
        PA
        USD
        1294487.50000000
        0.352667172430
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2023-06-01
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        PORT AUTH N Y & N J
        N/A
        PORT AUTH OF NEW YORK NEW JERSEY
        73358WTM6
        
          
        
        4500000.00000000
        PA
        USD
        4686210.00000000
        1.276700184523
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2023-09-01
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        HARRIS CNTY TEX CULTURAL ED FACS FIN CORP THERMAL UTIL REV
        N/A
        HARRIS CNTY TX CULT EDU FACS FIN CORP THER UTILITY
        41401PCG6
        
          
        
        1650000.00000000
        PA
        USD
        1809373.50000000
        0.492941520188
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2025-11-15
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        MASSACHUSETTS EDL FING AUTH ED LN REV
        N/A
        MASSACHUSETTS ST EDUCATIONAL FINANCING
        57563RPA1
        
          
        
        1615000.00000000
        PA
        USD
        1666066.30000000
        0.453899238966
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2023-07-01
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        MASSACHUSETTS EDL FING AUTH ED LN REV
        N/A
        MASSACHUSETTS ST EDUCTNL FING AUTH
        57563RRM3
        
          
        
        1400000.00000000
        PA
        USD
        1565802.00000000
        0.426583465599
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2029-07-01
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        MISSOURI ST HEALTH & EDL FACS AUTH HEALTH FACS REV
        N/A
        MISSOURI ST HEALTH EDUC FACS SAINT LUKES HLTH
        60637AKM3
        
          
        
        1000000.00000000
        PA
        USD
        1050150.00000000
        0.286100430577
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2023-11-15
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        HAMPTON RDS TRANSN ACCOUNTABILITY COMMN VA HAMPTON RDS TRANSN FD REV
        N/A
        HAMPTON ROADS TRANSPORTATION ACCOUNTABILITY COMMIS
        409328AE1
        
          
        
        850000.00000000
        PA
        USD
        1014968.00000000
        0.276515528088
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2031-07-01
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        INDIANA ST FIN AUTH REV
        N/A
        INDIANA ST FIN AUTH REV
        45506DTB1
        
          
        
        1000000.00000000
        PA
        USD
        1028250.00000000
        0.280134045366
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2023-02-01
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        ILLINOIS FIN AUTH REV
        N/A
        ILLINOIS ST FIN AUTH REVENUE
        45204FCR4
        
          
        
        275000.00000000
        PA
        USD
        275855.25000000
        0.075153364568
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2022-05-01
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        RICHMOND VA PUB UTIL REV
        N/A
        RICHMOND VA PUBLIC UTILITY REVENUE
        765433KG1
        
          
        
        1500000.00000000
        PA
        USD
        1667595.00000000
        0.454315714449
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2029-01-15
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        PHILADELPHIA PA
        N/A
        CITY OF PHILADELPHIA PA
        717813YR4
        
          
        
        3535000.00000000
        PA
        USD
        4156028.80000000
        1.132258847948
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2030-05-01
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        UNIVERSITY WIS HOSPS & CLINICS AUTH REV
        N/A
        UNIVESITY OF WISCONSIN HOSPITAL
        915260CT8
        
          
        
        1225000.00000000
        PA
        USD
        1358402.50000000
        0.370080026803
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2026-04-01
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        State of California
        N/A
        CALIFORNIA ST
        13063DVT2
        
          
        
        3000000.00000000
        PA
        USD
        3578640.00000000
        0.974956382309
        Long
        DBT
        
        US
        
        N
        
        2
        
          2031-11-01
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        PORT SEATTLE WASH REV
        N/A
        PORT OF SEATTLE WA
        735389G44
        
          
        
        1500000.00000000
        PA
        USD
        1646640.00000000
        0.448606782846
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2026-04-01
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        DISTRICT COLUMBIA UNIV REV
        N/A
        DISTRICT OF COLUMBIA UNIVERSITY REVENUE
        25484JCR9
        
          
        
        1500000.00000000
        PA
        USD
        1618785.00000000
        0.441018031245
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2025-04-01
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        CHICAGO ILL WTR REV
        N/A
        CHICAGO IL WTRWKS REVENUE
        167736N86
        
          
        
        1000000.00000000
        PA
        USD
        1073820.00000000
        0.292549030484
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2024-11-01
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        ARIZONA ST CTFS PARTN
        N/A
        ARIZONA ST COPS 5 10 1 25
        040588G82
        
          
        
        1015000.00000000
        PA
        USD
        1117778.90000000
        0.304525091254
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2025-10-01
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        WASHINGTON ST HEALTH CARE FACS AUTH REV
        N/A
        WASHINGTON ST HEALTH CARE FACILITIES AUTHORITY
        93978HUZ6
        
          
        
        1600000.00000000
        PA
        USD
        1686784.00000000
        0.459543521108
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2049-08-01
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        WASHINGTON ST
        N/A
        STATE OF WASHINGTON
        93974ELL8
        
          
        
        1300000.00000000
        PA
        USD
        1563432.00000000
        0.425937788295
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2033-02-01
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        LEE CNTY FLA SOLID WASTE SYS REV
        N/A
        LEE COUNTY FL SOLID WASTE
        523510EQ4
        
          
        
        1615000.00000000
        PA
        USD
        1641114.55000000
        0.447101442062
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2022-10-01
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        OWENSBORO KY ELEC LT & PWR REV
        N/A
        OWENSBORO KY ELECTRIC LIGHT POWER SYSTEM
        691021NF2
        
          
        
        1300000.00000000
        PA
        USD
        1325571.00000000
        0.361135489083
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2023-01-01
          Fixed
          4.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        INDIANA FIN AUTH HOSP REV
        N/A
        INDIANA ST FIN AUTH HOSP REVENUE REF PARKVIEW
        45471APU0
        
          
        
        1150000.00000000
        PA
        USD
        1207350.50000000
        0.328927770231
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2023-11-01
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        SALT VERDE FINL CORP SR GAS REV ARIZ
        N/A
        SALT VERDE AZ FINANCIAL CORP SENIOR GAS REVENUE
        79575EAK4
        
          
        
        1000000.00000000
        PA
        USD
        1055330.00000000
        0.287511657764
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2024-12-01
          Fixed
          5.25000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        UNIVERSITY ILL BRD TRUSTEES CTFS PARTN
        N/A
        UNIV OF ILLINOIS IL BRD OF TRUSTEES COPS
        914325EF8
        
          
        
        2995000.00000000
        PA
        USD
        3292523.30000000
        0.897007412100
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2027-10-01
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        PHOENIX ARIZ CIVIC IMPT CORP EXCISE TAX REV
        N/A
        PHOENIX AZ CIVIC IMPT CORP EXCISE TAX REVENUE
        71884AD48
        
          
        
        1685000.00000000
        PA
        USD
        2009665.80000000
        0.547508689898
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2032-07-01
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        LAS VEGAS VY NEV WTR DIST
        N/A
        LAS VEGAS VLY NV WTR DIST
        517845MG5
        
          
        
        3500000.00000000
        PA
        USD
        4239270.00000000
        1.154936887430
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2031-06-01
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        CHARLOTTE N C ARPT REV
        N/A
        CHARLOTTE NC ARPT REVENUE REF SER C
        161036NN4
        
          
        
        1000000.00000000
        PA
        USD
        1062630.00000000
        0.289500452835
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2024-07-01
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        HARRIS CNTY TEX CULTURAL ED FACS FIN CORP MED FACS REV
        N/A
        BAYLOR COLLEGE OF MEDICINE
        414008CA8
        
          
        
        2100000.00000000
        PA
        USD
        2336103.00000000
        0.636442483620
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2027-11-15
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        MARYLAND ST TRANSN AUTH PASSENGER FAC CHARGE REV
        N/A
        MARYLAND STATE TRANSPORTA
        57429NCR1
        
          
        
        2090000.00000000
        PA
        USD
        2355534.50000000
        0.641736356416
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2028-06-01
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        NEW JERSEY ST HSG & MTG FIN AGY REV
        N/A
        NEW JERSEY HOUSING MORTGAGE
        64613ABZ4
        
          
        
        1660000.00000000
        PA
        USD
        1660000.00000000
        0.452246550263
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2022-04-01
          Fixed
          4.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        TENNESSEE ENERGY ACQUISITION CORP GAS REV
        N/A
        TENNESSEE ST ENERGY ACQUISITION CORP GAS REVENUE
        880443JE7
        
          
        
        1500000.00000000
        PA
        USD
        1545780.00000000
        0.421128718353
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2049-11-01
          Fixed
          4.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        WISCONSIN ST HEALTH & EDL FACS AUTH REV
        N/A
        WISCONSIN ST HEALTH EDUCATIONAL FACS
        97712DQB5
        
          
        
        1155000.00000000
        PA
        USD
        1181114.55000000
        0.321780108857
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2022-11-15
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        UTAH TRAN AUTH SALES TAX REV
        N/A
        UTAH ST TRANSIT AUTH SALES TAX
        917567DH9
        
          
        
        1090000.00000000
        PA
        USD
        1224789.40000000
        0.333678783704
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2026-12-15
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        BLACK BELT ENERGY GAS DIST ALA GAS SUPPLY REV
        N/A
        BLACK BELT ENERGY GAS DIST AL GAS SPLY REVENUE
        09182NBR0
        
          
        
        2895000.00000000
        PA
        USD
        3089486.10000000
        0.841692428199
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2051-06-01
          Variable
          4.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        PENNSYLVANIA ST TPK COMMN TPK REV
        N/A
        PENNSYLVANIA TURNPIKE COMMISSION
        709225DH6
        
          
        
        625000.00000000
        PA
        USD
        716512.50000000
        0.195205003822
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2028-12-01
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        ST JOHN BAPTIST PARISH LA REV
        N/A
        SAINT JOHN THE BAPTIST PARISH LA REVENUE
        79020FAX4
        
          
        
        1000000.00000000
        PA
        USD
        982360.00000000
        0.267631880190
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2037-06-01
          Variable
          2.10000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        WEST HARRIS CNTY TEX REGL WTR AUTH WTR SYS REV
        N/A
        WEST HARRIS COUNTY REGIO
        95308RQS1
        
          
        
        1300000.00000000
        PA
        USD
        1495299.00000000
        0.407375791784
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2027-12-15
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        ROANOKE VA ECONOMIC DEV AUTH HOSP REV
        N/A
        ROANOKE VA ECON DEV AUTH HOSPREVENUE REF C
        770082BH7
        
          
        
        1000000.00000000
        PA
        USD
        1085340.00000000
        0.295687512567
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2025-07-01
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        COLORADO ST BRD GOVERNORS UNIV ENTERPRISE SYS REV
        N/A
        COLORADO ST BRD OF GOVERNORS UNIV
        196707TH6
        
          
        
        1225000.00000000
        PA
        USD
        1323294.00000000
        0.360515148484
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2025-03-01
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        AMERICAN MUN PWR OHIO INC REV
        N/A
        AMERICAN MUNI PWR OHIO INC
        02765UNK6
        
          
        
        1750000.00000000
        PA
        USD
        1847387.50000000
        0.503297966189
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2024-02-15
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        UNIVERSITY CINCINNATI OHIO GEN RCPTS
        N/A
        UNIVERSITY OF CINCINNATI OH RECPTS
        914119W57
        
          
        
        775000.00000000
        PA
        USD
        861769.00000000
        0.234778347815
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2026-06-01
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        DISTRICT COLUMBIA
        N/A
        DISTRICT OF COLUMBIA
        25476FSX7
        
          
        
        1000000.00000000
        PA
        USD
        1133450.00000000
        0.308794489395
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2033-06-01
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        MARYLAND ST DEPT TRANSN CONS TRANSN
        N/A
        MARYLAND ST DEPT OF TRANSPRTN CONSOL TRANSPRTN
        574204N82
        
          
        
        1000000.00000000
        PA
        USD
        1089390.00000000
        0.296790885175
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2032-10-01
          Fixed
          4.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        SS INST TREAS PLUS MM FUN
        N/A
        SS INST TREAS PLUS MM FUN
        N/A
        
          
        
        3964813.94000000
        NS
        USD
        3964813.94000000
        1.080164714940
        Long
        STIV
        RF
        US
        
        N
        
        1
        
          N
          N
          N
        
      
      
        MICHIGAN FIN AUTH REV
        N/A
        TRINITY HEALTH CORP OBLIGATION
        59447P7P0
        
          
        
        1000000.00000000
        PA
        USD
        1105640.00000000
        0.301217997489
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2029-12-01
          Fixed
          5.50000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        DALLAS TEX
        N/A
        DALLAS TX
        235219LT7
        
          
        
        2450000.00000000
        PA
        USD
        2644358.50000000
        0.720422897159
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2027-02-15
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        PHILADELPHIA PA SCH DIST
        N/A
        PHILADELPHIA PA SCH DIST
        717883VW9
        
          
        
        3225000.00000000
        PA
        USD
        3724391.25000000
        1.014664514845
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2028-09-01
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        State of California
        N/A
        STATE OF CALIFORNIA
        13063DQ84
        
          
        
        1000000.00000000
        PA
        USD
        1157430.00000000
        0.315327544982
        Long
        DBT
        
        US
        
        N
        
        2
        
          2035-04-01
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        MAHONING CNTY OHIO HOSP FACS REV
        N/A
        MAHONING COUNTY HOSPITAL
        560060ET8
        
          
        
        465000.00000000
        PA
        USD
        506022.30000000
        0.137859541886
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2025-10-15
          Fixed
          5.50000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        SOUTHEASTERN PA TRANSN AUTH REV
        N/A
        SOUTH EASTERN PENN TRANSPORTATION AUTHORITY
        842039CN7
        
          
        
        1700000.00000000
        PA
        USD
        1751034.00000000
        0.477047642104
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2023-03-01
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        HOUSTON TEX ARPT SYS REV
        N/A
        CITY OF HOUSTON TX AIRPORT
        442349CA2
        
          
        
        2500000.00000000
        PA
        USD
        2691500.00000000
        0.733266018092
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2025-07-01
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        COLORADO HEALTH FACS AUTH REV
        N/A
        SISTERS OF CHARITY OF LEA
        19648FKZ6
        
          
        
        3550000.00000000
        PA
        USD
        3822285.00000000
        1.041334461068
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2025-01-01
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        NEVADA ST HWY IMPT REV
        N/A
        NEVADA ST HIGHWAY IMPT REVENUE
        641480HW1
        
          
        
        1000000.00000000
        PA
        USD
        1079150.00000000
        0.294001123323
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2024-12-01
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        ALACHUA CNTY FLA HEALTH FACS AUTH HEALTH FACS REV
        N/A
        ALACHUA CNTY FL HLTH FACS AUTH
        010685LD5
        
          
        
        2000000.00000000
        PA
        USD
        2205820.00000000
        0.600948485242
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2037-12-01
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        HARRIS CNTY TEX CULTURAL ED FACS FIN CORP MED FACS REV
        N/A
        HARRIS CNTY TX CULTURAL EDU FACS
        414008BW1
        
          
        
        2095000.00000000
        PA
        USD
        2173164.45000000
        0.592051882932
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2023-11-15
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        KENTUCKY INC KY PUB ENERGY AUTH GAS SUPLLY REV
        N/A
        KENTUCKY ST PUBLIC ENERGY AUTH GAS SPLY
        74440DAQ7
        
          
        
        1000000.00000000
        PA
        USD
        1037630.00000000
        0.282689510813
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2024-04-01
          Fixed
          4.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        AUBURN UNIV ALA GEN FEE REV
        N/A
        AUBURN UNIV AL GEN FEE REVENUE
        050589QB9
        
          
        
        1675000.00000000
        PA
        USD
        1860355.50000000
        0.506830938035
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2026-06-01
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        FULTON CNTY GA DEV AUTH REV
        N/A
        FULTON CNTY GA DEV AUTH
        3599007S0
        
          
        
        250000.00000000
        PA
        USD
        259382.50000000
        0.070665566761
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2023-07-01
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        LOVE FIELD ARPT MODERNIZATION CORP TEX GEN ARPT REV
        N/A
        LOVE FIELD TX ARPT MODERNIZATION CORP
        54714CAE7
        
          
        
        1000000.00000000
        PA
        USD
        1018770.00000000
        0.277551336151
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2022-11-01
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        TOBACCO SETTLEMENT FING CORP N J
        N/A
        TOBACCO SETTLEMENT FING CORP NJ
        888808HS4
        
          
        
        970000.00000000
        PA
        USD
        961454.30000000
        0.261936379765
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2027-06-01
          Fixed
          3.20000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        NORTHERN ARIZ UNIV REVS
        N/A
        NORTHERN ARIZONA UNIVERSITY
        6647545Q7
        
          
        
        1215000.00000000
        PA
        USD
        1347763.05000000
        0.367181439719
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2026-06-01
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        CLIFTON TEX HIGHER ED FIN CORP ED REV
        N/A
        CLIFTON TX HGR EDU FIN CORP EDU REVENUE
        187145GS0
        
          
        
        2200000.00000000
        PA
        USD
        2415358.00000000
        0.658034532018
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2025-08-15
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        TROY UNIV ALA FACS REV
        N/A
        TROY UNIVERSITY
        897745CM5
        
          
        
        1000000.00000000
        PA
        USD
        1118760.00000000
        0.304792379862
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2026-11-01
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        KENTUCKY INC KY PUB ENERGY AUTH GAS SUPLLY REV
        N/A
        KENTUCKY PUBLIC ENERGY
        74440DAP9
        
          
        
        3160000.00000000
        PA
        USD
        3229393.60000000
        0.879808503037
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2023-04-01
          Fixed
          4.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        MAINE FIN AUTH STUDENT LN REV
        N/A
        FINANCE AUTHORITY OF MAINE
        56042TBP2
        
          
        
        1025000.00000000
        PA
        USD
        1114441.50000000
        0.303615857738
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2026-12-01
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        State of California
        N/A
        CALIFORNIA ST
        13063C5T3
        
          
        
        1250000.00000000
        PA
        USD
        1334925.00000000
        0.363683871150
        Long
        DBT
        
        US
        
        N
        
        2
        
          2024-08-01
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        CHARLESTON CNTY S C
        N/A
        CHARLESTON COUNTY SOUTH CAROLINA
        160069YM6
        
          
        
        3680000.00000000
        PA
        USD
        4167048.00000000
        1.135260893241
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2026-11-01
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        NEW YORK N Y CITY MUN WTR FIN AUTH WTR & SWR SYS REV
        N/A
        NEW YORK CITY WATER SEWER SYSTEM
        64972GZQ0
        
          
        
        2410000.00000000
        PA
        USD
        2663194.60000000
        0.725554560560
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2027-06-15
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        MICHIGAN ST BLDG AUTH REV
        N/A
        MICHIGAN ST BLDG AUTH REVENUE
        594615GS9
        
          
        
        1450000.00000000
        PA
        USD
        1571582.50000000
        0.428158291613
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2025-04-15
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        LOVE FIELD ARPT MODERNIZATION CORP TEX GEN ARPT REV
        N/A
        LOVE FIELD TX ARPT MODERNIZATION CORP GEN ARPT
        54714CAH0
        
          
        
        2300000.00000000
        PA
        USD
        2496834.00000000
        0.680231664506
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2025-11-01
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        LOWER COLO RIV AUTH TEX TRANSMISSION CONTRACT REV
        N/A
        LOWER COLORADO RIVER TX AUTH TRANS CONTRACT REV
        54811BQG9
        
          
        
        825000.00000000
        PA
        USD
        854081.25000000
        0.232683915034
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2023-05-15
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        CONNECTICUT ST HEALTH & EDL FACS AUTH REV
        N/A
        CONNECTICUT STATE HEALTH AND EDUCATION
        20774Y6T9
        
          
        
        1085000.00000000
        PA
        USD
        1201930.45000000
        0.327451144378
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2026-12-01
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        CALIFORNIA ST DEPT WTR RES CENT VY PROJ REV
        N/A
        CALIFORNIA ST DEPT WTR RES CENT
        130663CK1
        
          
        
        290000.00000000
        PA
        USD
        291000.50000000
        0.079279501355
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2022-07-01
          Fixed
          5.25000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        MARICOPA CNTY ARIZ UN HIGH SCH DIST NO 210 PHOENIX
        N/A
        MARICOPA CNTY AZ HIGH SCHOOL
        567505PM8
        
          
        
        1000000.00000000
        PA
        USD
        1092530.00000000
        0.297646339493
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2025-07-01
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        BUCKEYE OHIO TOB SETTLEMENT FING AUTH
        N/A
        BUCKEYE OH TOBACCO SETTLEMENT FING AUTH
        118217CN6
        
          
        
        3000000.00000000
        PA
        USD
        3424230.00000000
        0.932889280004
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2032-06-01
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        MISSOURI ST HEALTH & EDL FACS AUTH HEALTH FACS REV
        N/A
        MISSOURI STATE HEALTH EDUCATION
        60637AMX7
        
          
        
        2400000.00000000
        PA
        USD
        2610696.00000000
        0.711251963726
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2025-06-01
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        ORANGE CNTY FLA TOURIST DEV TAX REV
        N/A
        ORANGE CNTY FL TOURIST DEV TAX
        684545ZN9
        
          
        
        3250000.00000000
        PA
        USD
        3555045.00000000
        0.968528215229
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2025-10-01
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        CLARK CNTY NEV SCH DIST
        N/A
        CLARK CNTY NV SCH DIST REF BLDG
        181059WW2
        
          
        
        1000000.00000000
        PA
        USD
        1108340.00000000
        0.301953579228
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2026-06-15
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        SAN ANTONIO TEX ELEC & GAS REV
        N/A
        CITY OF SAN ANTONIO TX ELECTRIC GAS SYSTEMS REVE
        79625GEC3
        
          
        
        1300000.00000000
        PA
        USD
        1457937.00000000
        0.397196975151
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2033-02-01
          Fixed
          4.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        AUSTIN TEX CMNTY COLLEGE DIST
        N/A
        AUSTIN TEXAS CMTY CLG DIST
        052403EP3
        
          
        
        1000000.00000000
        PA
        USD
        1042780.00000000
        0.284092564869
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2023-08-01
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        NEW JERSEY ECONOMIC DEV AUTH REV
        N/A
        NEW JERSEY ST ECON DEV AUTH REV
        64577XAT3
        
          
        
        430000.00000000
        PA
        USD
        493588.40000000
        0.134472079006
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2030-11-01
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        CENTRAL FLA EXPWY AUTH SR LIENREV
        N/A
        CENTRAL FL EXPRESSWAY AUTH SR LIEN REVENUE
        153476GP5
        
          
        
        1500000.00000000
        PA
        USD
        1782480.00000000
        0.485614717417
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2030-07-01
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        MICHIGAN ST STRATEGIC FD LTD OBLIG REV
        N/A
        MICHIGAN ST STRATEGIC FUND LTD OBLG REVENUE
        594698PX4
        
          
        
        1605000.00000000
        PA
        USD
        1716049.95000000
        0.467516668654
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2025-06-30
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        KENTUCKY INC KY PUB ENERGY AUTH GAS SUPLLY REV
        N/A
        KENTUCKY ST PUBLIC ENERGY
        74440DBD5
        
          
        
        3500000.00000000
        PA
        USD
        3622360.00000000
        0.986867357717
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2049-01-01
          Fixed
          4.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        INDIANA ST FIN AUTH ENVIRONMENTAL FACS REV
        N/A
        INDIANA ST FIN AUTH ENVRNMNTL FACS REVENUE 3 125
        455059AG0
        
          
        
        1500000.00000000
        PA
        USD
        1531590.00000000
        0.417262827661
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2024-12-01
          Fixed
          3.12500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        REGIONAL TRANSN AUTH ILL
        N/A
        REGIONAL TRANSPORTATION AUTHORITY
        759911NG1
        
          
        
        2000000.00000000
        PA
        USD
        2171360.00000000
        0.591560282758
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2025-06-01
          Fixed
          6.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        TENNESSEE ENERGY ACQUISITION CORP GAS REV
        N/A
        TENNESSEE ST ENERGY ACQUISITION CORP GAS REVENUE
        880443HZ2
        
          
        
        1250000.00000000
        PA
        USD
        1269925.00000000
        0.345975421893
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2048-05-01
          Fixed
          4.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        OKLAHOMA TRANSN AUTH OK F/K/A OKLAHOMA ST TPK AUTH
        N/A
        OKLAHOMA ST TURNPIKE AUTH
        679111B37
        
          
        
        2000000.00000000
        PA
        USD
        2381980.00000000
        0.648941107106
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2030-01-01
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        OMAHA NEB SAN SEW REV
        N/A
        OMAHA NE SANTN SWR REVENUE
        681810MS3
        
          
        
        1000000.00000000
        PA
        USD
        1119970.00000000
        0.305122029456
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2031-04-01
          Fixed
          4.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        RHODE ISLAND ST STUDENT LN AUTH STUDENT LN REV
        N/A
        RHODE ISLAND ST STUDENT LOAN AUTH STUDENT LOAN REV
        762315PP8
        
          
        
        1000000.00000000
        PA
        USD
        1020670.00000000
        0.278068967745
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2022-12-01
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        MULTNOMAH CNTY ORE SCH DIST NO 1J PORTLAND
        N/A
        MULTNOMAH CNTY
        625517KX4
        
          
        
        2500000.00000000
        PA
        USD
        2965350.00000000
        0.807873077001
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2029-06-15
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        CHICAGO ILL MET WTR RECLAMATION DIST GTR CHICAGO
        N/A
        METROPOLITAN WATER RECLAMATION
        167560TC5
        
          
        
        1725000.00000000
        PA
        USD
        1861637.25000000
        0.507180135032
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2024-12-01
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        NEW MEXICO EDL ASSISTANCE FNDTN
        N/A
        NEW MEXICO EDUCATIONAL ASSISTANCE FOUNDATION
        647110FP5
        
          
        
        2590000.00000000
        PA
        USD
        2824343.20000000
        0.769457511421
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2025-09-01
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        BENTON & LINN CNTYS ORE SCH DIST NO 509J CORVALLIS
        N/A
        BENTON LINN CNTYS OR SCH DIST
        082744CK7
        
          
        
        1305000.00000000
        PA
        USD
        1425882.15000000
        0.388464026156
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2025-06-15
          Floating
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        AMERICAN MUN PWR OHIO INC REV
        N/A
        AMERICAN MUNI PWR OHIO INC OHREVENUE REF SER A
        02765UGA6
        
          
        
        1500000.00000000
        PA
        USD
        1575540.00000000
        0.429236463736
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2027-02-15
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        CONNECTICUT ST
        N/A
        CONNECTICUT ST GAAP CONVERSION
        20772JRB0
        
          
        
        3000000.00000000
        PA
        USD
        3112650.00000000
        0.848003147395
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2025-10-15
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        LEE CNTY FLA SOLID WASTE SYS REV
        N/A
        LEE CNTY FL SOL WST SYS
        523510ET8
        
          
        
        1500000.00000000
        PA
        USD
        1622550.00000000
        0.442043759114
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2025-10-01
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        DENVER COLO CITY & CNTY ARPT REV
        N/A
        DENVER CITY CNTY CO ARPT REVENUE AMT
        249182KY1
        
          
        
        3600000.00000000
        PA
        USD
        3928860.00000000
        1.070369506908
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2025-12-01
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        WHITING IND ENVIRONMENTAL FACS REV
        N/A
        WHITING IN ENVRNMNTL FACS REVENUE
        96634RAU6
        
          
        
        2500000.00000000
        PA
        USD
        2729750.00000000
        0.743686759386
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2044-12-01
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        VIRGINIA ST PUB BLDG AUTH PUB FACS REV
        N/A
        VIRGINIA PUBLIC BUILDING AU
        9281724C6
        
          
        
        1000000.00000000
        PA
        USD
        1066190.00000000
        0.290470330979
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2024-08-01
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        SOUTH CAROLINA ST PUB SVCS AUTH REV
        N/A
        SOUTH CAROLINA PUBLIC SERVICE AUTHORITY
        837151ZJ1
        
          
        
        1000000.00000000
        PA
        USD
        1184640.00000000
        0.322740574279
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2031-12-01
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        NEW JERSEY ECONOMIC DEV AUTH REV
        N/A
        NEW JERSEY ST ECON DEV AUTH REVENUE
        64577B7C2
        
          
        
        1210000.00000000
        PA
        USD
        1383296.20000000
        0.376862008700
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2028-06-15
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        GREAT LAKES WTR AUTH MICH SEW DISP SYS REV
        N/A
        GREAT LAKES MI WTR AUTH SWR DISPOSAL SYS REVENUE
        39081HAA0
        
          
        
        1810000.00000000
        PA
        USD
        1924862.60000000
        0.524405102759
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2024-07-01
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        CONNECTICUT ST SPL TAX OBLIG REV
        N/A
        STATE OF CONNECTICUT SPECIAL TAX REVENUE
        207758G80
        
          
        
        1500000.00000000
        PA
        USD
        1805640.00000000
        0.491924374106
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2034-11-01
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        MARYLAND ST DEPT TRANSN CONS TRANSN
        N/A
        STATE OF MARYLAND DEPARTMENT OF TRANSPORTATION
        574204Q48
        
          
        
        2500000.00000000
        PA
        USD
        3015425.00000000
        0.821515393872
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2032-10-01
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        City of New York
        549300ABYZD2SFD5JB29
        CITY OF NEW YORK NY
        64966QMB3
        
          
        
        4000000.00000000
        PA
        USD
        4544920.00000000
        1.238207464591
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2027-08-01
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        MASSACHUSETTS ST
        N/A
        COMMONWEALTH OF MASSACHUSETTS
        57582NUZ6
        
          
        
        3000000.00000000
        PA
        USD
        3658170.00000000
        0.996623351070
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2030-08-01
          Fixed
          5.50000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        MAIN STR NAT GAS INC GA GAS SUPPLY REV
        N/A
        MAIN STREET NATURAL GAS INC GA GAS SUPPLY
        56035DCR1
        
          
        
        5000000.00000000
        PA
        USD
        5145050.00000000
        1.401705490019
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2050-03-01
          Fixed
          4.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        WISCONSIN ST HEALTH & EDL FACS AUTH REV
        N/A
        ASCENSION HEALTH CREDIT
        97712DV37
        
          
        
        1100000.00000000
        PA
        USD
        1194556.00000000
        0.325442066323
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2026-11-15
          Fixed
          4.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        CHICAGO ILL MET WTR RECLAMATION DIST GTR CHICAGO
        N/A
        CHICAGO IL MET WTR 5 12 1 27
        167560SW2
        
          
        
        3035000.00000000
        PA
        USD
        3409063.75000000
        0.928757422027
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2027-12-01
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        DISTRICT COLUMBIA INCOME TAX REV
        N/A
        DISTRICT OF COLUMBIA INCOME TAX SECURED REVENUE
        25477GPB5
        
          
        
        3260000.00000000
        PA
        USD
        3844681.00000000
        1.047435975369
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2031-03-01
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        DENVER COLO CITY & CNTY SCH DIST NO 1
        N/A
        DENVER CITY CONTY SCHOOL
        249174WE9
        
          
        
        2970000.00000000
        PA
        USD
        3333528.00000000
        0.908178637473
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2025-12-01
          Fixed
          5.50000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        TEXAS WATER DEV BRD
        N/A
        TEXAS WATER DEVELOPMENT BOARD
        8828546X5
        
          
        
        3585000.00000000
        PA
        USD
        4377966.15000000
        1.192722944883
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2033-08-01
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        DALLAS TEX INDPT SCH DIST
        N/A
        DALLAS TX INDEP SCH DIST
        235308WA7
        
          
        
        2500000.00000000
        PA
        USD
        2708200.00000000
        0.737815727363
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2027-02-15
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        LUZERNE CNTY PA INDL DEV AUTH REV
        N/A
        LUZERNE CNTY PA INDL DEV AUTH
        550728AF6
        
          
        
        1860000.00000000
        PA
        USD
        1836489.60000000
        0.500328967586
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2039-12-01
          Variable
          2.45000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        PUBLIC FIN AUTH WIS LEASE DEV REV
        N/A
        PUBLIC FIN AUTH WI LEASE DEV REVENUE CENTRAL DIST
        74444YAF1
        
          
        
        1000000.00000000
        PA
        USD
        1029620.00000000
        0.280507284989
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2023-03-01
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        CURATORS UNIV MO SYS FACS REV
        N/A
        CURATORS OF THE UNIVERSITY OF MISSOURI
        231266MK0
        
          
        
        2505000.00000000
        PA
        USD
        3028820.55000000
        0.825164846448
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2030-11-01
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        ILLINOIS ST SALES TAX REV
        N/A
        ILLINOIS STATE SALES TAX REVENUE
        452227MX6
        
          
        
        4600000.00000000
        PA
        USD
        4989344.00000000
        1.359285308480
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2025-06-15
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        DENVER COLO CITY & CNTY ARPT REV
        N/A
        DENVER CITY COUNTY CO AIRPORT REVENUE
        249182JV9
        
          
        
        1750000.00000000
        PA
        USD
        1835470.00000000
        0.500051190127
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2023-11-15
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        NEW JERSEY ST
        N/A
        NEW JERSEY ST
        646039YP6
        
          
        
        1000000.00000000
        PA
        USD
        1080430.00000000
        0.294349843554
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2030-06-01
          Fixed
          4.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        LOUISIANA ST OFFSHORE TERM AUTH DEEPWTR PORT REV
        N/A
        LOUISIANA ST OFFSHORE TERMINAL AUTH DEEPWATER
        546510FQ6
        
          
        
        2500000.00000000
        PA
        USD
        2471550.00000000
        0.673343350182
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2033-09-01
          Variable
          1.65000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        LOWER ALA GAS DIST GAS PROJ REV
        N/A
        LOWER AL GAS DIST GAS PROJ REVENUE
        547804AM6
        
          
        
        1000000.00000000
        PA
        USD
        1031460.00000000
        0.281008570322
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2050-12-01
          Variable
          4.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        NEW YORK N Y CITY HSG DEV CORP REV
        N/A
        NEW YORK CITY NY HOUSING DEV CORP
        64966WDW4
        
          
        
        3000000.00000000
        PA
        USD
        3110610.00000000
        0.847447374526
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2026-07-01
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        FAIRFAX CNTY VA INDL DEV AUTH REV
        N/A
        FAIRFAX CNTY VIRGINIA INDL DEV AUTH
        303823LE6
        
          
        
        1000000.00000000
        PA
        USD
        1063830.00000000
        0.289827378052
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2024-05-15
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        WASHINGTON ST HEALTH CARE FACS AUTH REV
        N/A
        WASHINGTON ST HLTH CARE FACS AUTH
        93978HNS0
        
          
        
        2310000.00000000
        PA
        USD
        2410531.20000000
        0.656719529820
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2023-08-15
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        COLORADO ST BLDG EXCELLENT SCHS TODAY CTFS PARTN
        N/A
        COLORADO ST BLDG EXCELLENT SCHS TODAY COPS
        19668QLJ2
        
          
        
        1000000.00000000
        PA
        USD
        1030160.00000000
        0.280654401336
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2023-03-15
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        MICHIGAN FIN AUTH REV
        N/A
        MICHIGAN ST FIN AUTH REVENUE
        59447TF40
        
          
        
        1280000.00000000
        PA
        USD
        1549824.00000000
        0.422230456334
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2030-10-01
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        CLARK CNTY NEV SCH DIST
        N/A
        CLARK COUNTY NV SCHOOL DISTRICT
        181059UL8
        
          
        
        1000000.00000000
        PA
        USD
        1035700.00000000
        0.282163706088
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2023-06-15
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        PENNSYLVANIA ST TPK COMMN TPK REV
        N/A
        PENNSYLVANIA ST TURNPIKE COMMISSION TURNPIKE REVEN
        709224NX3
        
          
        
        2500000.00000000
        PA
        USD
        2640550.00000000
        0.719385318251
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2024-06-01
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        State of California
        N/A
        STATE OF CALIFORNIA
        13063DLF3
        
          
        
        1750000.00000000
        PA
        USD
        2039047.50000000
        0.555513372107
        Long
        DBT
        
        US
        
        N
        
        2
        
          2030-04-01
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        FAYETTE CNTY GA HOSP AUTH REV ANTIC CTFS
        N/A
        FAYETTE CNTY GA HOSP AUTH REVENUE ANTI
        31222TAT0
        
          
        
        1000000.00000000
        PA
        USD
        1052720.00000000
        0.286800595417
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2054-07-01
          Variable
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        NEW YORK N Y CITY MUN WTR FIN AUTH WTR & SWR SYS REV
        N/A
        NEW YORK CITY NY MUNI WTR FINAUTH WTR SWR SYS
        64972GXU3
        
          
        
        2000000.00000000
        PA
        USD
        2361000.00000000
        0.643225364561
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2031-06-15
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        MINNEAPOLIS & ST PAUL MINN MET ARPTS COMMN ARPT REV
        N/A
        MINNEAPOLIS ST PAUL METROPOLITAN AIRPORTS COMMISSI
        603827F92
        
          
        
        1000000.00000000
        PA
        USD
        1097330.00000000
        0.298954040361
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2026-01-01
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        SOUTH CAROLINA ST PUB SVCS AUTH REV
        N/A
        SOUTH CAROLINA PUBLIC SERVICE AUTHORITY
        837151XV6
        
          
        
        680000.00000000
        PA
        USD
        784400.40000000
        0.213700225858
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2027-12-01
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        UNIVERSITY HOUSTON TEX UNIV REVS
        N/A
        UNIVERSITY OF HOUSTON TX UNIV REVENUES
        914302ET7
        
          
        
        2230000.00000000
        PA
        USD
        2453847.40000000
        0.668520494893
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2028-02-15
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        SAVANNAH GA ECONOMIC DEV AUTH POLLUTN CTL REV
        N/A
        SAVANNAH GA ECON DEV AUTH
        80483BBS1
        
          
        
        1000000.00000000
        PA
        USD
        984540.00000000
        0.268225794335
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2024-08-01
          Fixed
          1.90000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        PENNSYLVANIA ECONOMIC DEV FING AUTH SOLID WASTE DISP REV
        N/A
        WASTE MANAGEMENT PA OB
        708692BF4
        
          
        
        2500000.00000000
        PA
        USD
        2503950.00000000
        0.682170331043
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2041-07-01
          Variable
          2.15000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        ALDINE TEX INDPT SCH DIST
        N/A
        ALDINE TX INDEP SCH DIST
        014393WH1
        
          
        
        2000000.00000000
        PA
        USD
        2166100.00000000
        0.590127260557
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2025-02-15
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        ARKANSAS ST DEV FIN AUTH HOSP REV
        N/A
        ARKANSAS STATE DEVELOPMENT FIN AUTH HOSP REV
        04109FAY4
        
          
        
        1200000.00000000
        PA
        USD
        1232412.00000000
        0.335755467170
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2023-02-01
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        MONTGOMERY CNTY MD
        N/A
        MONTGOMERY CNTY MD
        61334PCC5
        
          
        
        2905000.00000000
        PA
        USD
        3273644.50000000
        0.891864115610
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2031-08-01
          Fixed
          4.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        SAN ANTONIO TEX ARPT SYS REV
        N/A
        SAN ANTONIO TX ARPT SYS REVENUE
        796242TY1
        
          
        
        1000000.00000000
        PA
        USD
        1097280.00000000
        0.298940418477
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2026-07-01
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        KING GEORGE CNTY VA INDL DEV AUTH SOLID WASTE DISP FAC REV
        N/A
        WASTE MANAGEMENT INC
        49548YAC5
        
          
        
        2000000.00000000
        PA
        USD
        2013940.00000000
        0.548673143034
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2023-06-01
          Fixed
          2.50000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        CHICAGO ILL WTR REV
        N/A
        CHICAGO IL WTR
        167736ZZ3
        
          
        
        1000000.00000000
        PA
        USD
        1017260.00000000
        0.277139955253
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2024-11-01
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        CLIFTON TEX HIGHER ED FIN CORP ED REV
        N/A
        CLIFTON TX HGR EDU FIN CORP EDU REVENUE
        187145GR2
        
          
        
        1205000.00000000
        PA
        USD
        1291302.10000000
        0.351799349441
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2024-08-15
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        CHICAGO ILL MET WTR RECLAMATION DIST GTR CHICAGO
        N/A
        METROPOLITAN WATER RECLAMATION DISTRICT OF GREATER
        167560VX6
        
          
        
        1420000.00000000
        PA
        USD
        1682174.60000000
        0.458287746861
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2030-12-01
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        RHODE IS ST HEALTH & EDL BLDG CORP REV
        N/A
        RHODE ISLAND HLTH EDUCTNL BLDG CORP
        762244FA4
        
          
        
        2000000.00000000
        PA
        USD
        2058280.00000000
        0.560753029804
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2023-05-15
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        MARYLAND ST STAD AUTH REV
        N/A
        MARYLAND ST STADIUM AUTH REVENUE
        574296AH2
        
          
        
        4040000.00000000
        PA
        USD
        4285066.40000000
        1.167413552439
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2024-05-01
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        FULTON CNTY GA DEV AUTH REV
        N/A
        FULTON CNTY GA DEV AUTH
        3599007T8
        
          
        
        1600000.00000000
        PA
        USD
        1704704.00000000
        0.464425604349
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2024-07-01
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        ILLINOIS FIN AUTH REV
        N/A
        ILLINOIS ST FIN AUTH REVENUE
        45204FEH4
        
          
        
        1375000.00000000
        PA
        USD
        1505666.25000000
        0.410200221331
        Long
        DBT
        MUN
        US
        
        N
        
        2
        
          2050-05-15
          Variable
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
    
    
      2022-05-02
      HC Capital Trust
      Denise Lewis
      Denise Lewis
      Asst. Treasurer
    
  
  XXXX




HC CAPITAL TRUST

The Value Equity Portfolio

Portfolio of Investments — March 31, 2022 (Unaudited)

 

 

Shares   Security Description  Value
(000)
 
     Common Stocks — 99.10%     
     Aerospace & Defense — 1.44%     
 3,065   HEICO Corp.  $471 
 1,057   L3Harris Technologies, Inc.   263 
 5,411   Lockheed Martin Corp.   2,387 
 747   Northrop Grumman Corp.   334 
 18,437   Raytheon Technologies Corp.   1,827 
 6,782   Spirit Aerosystems Holdings, Inc., Class - A   332 
 8,457   The Boeing Co.(a)   1,620 
 4,420   TransDigm Group, Inc.(a)   2,879 
         10,113 
           
     Air Freight & Logistics — 0.71%     
 305   Expeditors International of Washington, Inc.   31 
 4,786   FedEx Corp.   1,107 
 1,886   GXO Logistics, Inc.(a)   135 
 16,845   United Parcel Service, Inc., Class - B   3,613 
 1,886   XPO Logistics, Inc.(a)   137 
         5,023 
           
     Airlines — 0.20%     
 2,805   Alaska Air Group, Inc.(a)   163 
 2,097   Copa Holdings SA, Class - A(a)   175 
 14,344   Delta Air Lines, Inc.(a)   567 
 9,703   JetBlue Airways Corp.(a)   145 
 8,507   Southwest Airlines Co.(a)   390 
         1,440 
           
     Auto Components — 0.33%     
 585   Gentex Corp.   17 
 12,500   Lear Corp.   1,782 
 37,827   The Goodyear Tire & Rubber Co.(a)   541 
         2,340 
           
     Automobiles — 2.04%     
 7,064   General Motors Co.(a)   309 
 13,053   Tesla, Inc.(a)   14,066 
         14,375 
           
     Banks — 4.23%     
 225,733   Bank of America Corp.   9,304 
 16,687   Bank OZK   713 
 18,758   Citigroup, Inc.   1,002 
 1,826   Citizens Financial Group, Inc.   83 
 15,989   Comerica, Inc.   1,446 
 625   Commerce Bancshares, Inc.   45 
 1,552   Cullen/Frost Bankers, Inc.   215 
 3,013   East West Bancorp, Inc.   238 
 13,076   Fifth Third Bancorp   563 
 6,815   First Hawaiian, Inc.   190 
 1,892   First Republic Bank   307 
 41,225   Huntington Bancshares, Inc.   603 
 52,407   JPMorgan Chase & Co.   7,143 
 17,314   KeyCorp   387 
 2,282   M&T Bank Corp.   387 
 10,303   People's United Financial, Inc.   206 
 8,270   PNC Financial Services Group, Inc.   1,525 
 710   SVB Financial Group(a)   397 
 42,174   Synovus Financial Corp.   2,067 
 32,258   Truist Financial Corp.   1,829 
 9,426   Umpqua Holdings Corp.   178 
 6,961   Wells Fargo & Co.   337 
 9,321   Zions Bancorp NA   611 
         29,776 
           

 

 

Shares   Security Description  Value
(000)
 
     Common Stocks (continued)     
     Beverages — 1.67%     
 4,600   Brown-Forman Corp., Class - B  $308 
 2,846   Constellation Brands, Inc., Class - A   655 
 6,891   Keurig Dr Pepper, Inc.   261 
 4,530   Monster Beverage Corp.(a)   362 
 28,839   PepsiCo, Inc.   4,827 
 85,987   The Coca-Cola Co.   5,332 
         11,745 
           
     Biotechnology — 2.30%     
 34,760   AbbVie, Inc.   5,635 
 2,223   Alnylam Pharmaceuticals, Inc.(a)   363 
 14,171   Amgen, Inc.   3,427 
 6,222   Mirati Therapeutics, Inc.(a)   512 
 3,274   Moderna, Inc.(a)   564 
 3,967   Novavax, Inc.(a)   292 
 5,614   Sage Therapeutics, Inc.(a)   186 
 8,247   Seagen, Inc.(a)   1,188 
 17,938   United Therapeutics Corp.(a)   3,218 
 3,143   Vertex Pharmaceuticals, Inc.(a)   820 
         16,205 
           
     Building Products — 0.57%     
 10,045   A.O. Smith Corp.   642 
 21,311   Carrier Global Corp.   978 
 13,273   Johnson Controls International PLC   870 
 6,549   Masco Corp.   334 
 7,831   Trane Technologies PLC   1,195 
         4,019 
           
     Capital Markets — 2.40%     
 4,496   Affiliated Managers Group, Inc.   634 
 2,506   Ameriprise Financial, Inc.   753 
 2,656   Ares Management Corp., Class - A   216 
 4,582   BlackRock, Inc., Class - A   3,502 
 1,669   CME Group, Inc.   397 
 4,721   Evercore, Inc., Class - A   526 
 16,955   Franklin Resources, Inc.   473 
 2,293   Interactive Brokers Group, Inc., Class - A   151 
 1,491   Intercontinental Exchange, Inc.   197 
 9,972   Invesco Ltd.   230 
 9,493   KKR & Co., Inc.   555 
 20,369   Morgan Stanley   1,780 
 686   Morningstar, Inc.   187 
 629   Nasdaq, Inc.   112 
 3,423   Northern Trust Corp.   399 
 269   S&P Global, Inc.   110 
 7,695   State Street Corp.   670 
 7,780   T. Rowe Price Group, Inc.   1,176 
 25,629   The Charles Schwab Corp.   2,161 
 7,506   The Goldman Sachs Group, Inc.   2,478 
 4,599   Virtu Financial, Inc., Class - A   171 
         16,878 
           
     Chemicals — 1.62%     
 9,702   Air Products & Chemicals, Inc.   2,425 
 4,923   Axalta Coating Systems Ltd.(a)   121 
 1,640   Celanese Corp., Series A   234 
 33,476   CF Industries Holdings, Inc.   3,449 
 9,311   Corteva, Inc.   535 
 9,217   Dow, Inc.   587 
 13,149   DuPont de Nemours, Inc.   968 
 7,173   LyondellBasell Industries N.V., Class - A   738 
 24,876   Olin Corp.   1,301 
 6,716   PPG Industries, Inc.   880 

 

 

 

 

 

 

HC CAPITAL TRUST

The Value Equity Portfolio

Portfolio of Investments (continued) — March 31, 2022 (Unaudited)

 

 

Shares   Security Description  Value
(000)
 
     Common Stocks (continued)     
     Chemicals (continued)     
 1,538   The Scotts Miracle-Gro Co.  $189 
         11,427 
           
     Commercial Services & Supplies — 0.96%     
 11,948   Clean Harbors, Inc.(a)   1,334 
 27,349   Copart, Inc.(a)   3,431 
 3,003   IAA, Inc.(a)   115 
 1,270   Republic Services, Inc.   168 
 2,747   Stericycle, Inc.(a)   162 
 9,682   Waste Management, Inc.   1,535 
         6,745 
           
     Communications Equipment — 0.78%     
 90,637   Cisco Systems, Inc.   5,055 
 31,124   Commscope Holding, Inc.(a)   245 
 774   Motorola Solutions, Inc.   187 
         5,487 
           
     Construction & Engineering — 0.09%     
 3,578   AECOM   275 
 841   Arcosa, Inc.   48 
 2,295   Quanta Services, Inc.   302 
         625 
           
     Construction Materials — 0.14%     
 1,351   Martin Marietta Materials, Inc.   520 
 2,578   Vulcan Materials Co.   474 
         994 
           
     Consumer Finance — 1.13%     
 20,855   American Express Co.   3,900 
 20,025   Capital One Financial Corp.   2,629 
 6,409   Discover Financial Services   706 
 14,450   OneMain Holdings, Inc.   685 
         7,920 
           
     Containers & Packaging — 0.45%     
 262   AptarGroup, Inc.   31 
 27   Avery Dennison Corp.   5 
 22,939   Ball Corp.   2,064 
 10,608   International Paper Co.   490 
 2,050   Packaging Corporation of America   320 
 2,320   Silgan Holdings, Inc.   107 
 2,452   Sonoco Products Co.   153 
         3,170 
           
     Distributors — 0.07%     
 3,827   Genuine Parts Co.   482 
           
     Diversified Consumer Services — 0.30%     
 12,786   Bright Horizons Family Solutions, Inc.(a)   1,697 
 7,498   H&R Block, Inc.   195 
 3,097   Service Corporation International   204 
         2,096 
           
     Diversified Financial Services — 1.20%     
 21,024   Berkshire Hathaway, Inc., Class - B(a)   7,419 
 14,613   Equitable Holdings, Inc.   452 
 17,093   Jefferies Financial Group, Inc.   562 
         8,433 
           
     Diversified Telecommunication Services — 0.49%     
 22,433   AT&T, Inc.   530 

 

 

Shares   Security Description  Value
(000)
 
     Common Stocks (continued)     
     Diversified Telecommunication Services (continued)     
 35,894   Lumen Technologies, Inc.  $405 
 48,924   Verizon Communications, Inc.   2,492 
         3,427 
           
     Electric Utilities — 1.61%     
 1,604   Alliant Energy Corp.   100 
 30,034   American Electric Power Company, Inc.   2,996 
 3,035   Constellation Energy Corp.   171 
 7,685   Duke Energy Corp.   858 
 1,914   Edison International   134 
 9,746   Eversource Energy   859 
 9,106   Exelon Corp.   434 
 3,311   Hawaiian Electric Industries, Inc.   140 
 35,480   NextEra Energy, Inc.   3,006 
 32,159   The Southern Co.   2,332 
 4,017   Xcel Energy, Inc.   290 
         11,320 
           
     Electrical Equipment — 0.65%     
 3,350   AMETEK, Inc.   446 
 12,355   Eaton Corp. PLC   1,875 
 16,658   Emerson Electric Co.   1,633 
 3,984   Regal Rexnord Corp.   593 
         4,547 
           
     Electronic Equipment, Instruments & Components — 0.03%     
 512   Dolby Laboratories, Inc., Class - A   40 
 1,050   Keysight Technologies, Inc.(a)   166 
         206 
           
     Energy Equipment & Services — 1.01%     
 26,930   Halliburton Co.   1,020 
 10,695   Helmerich & Payne, Inc.   458 
 251,709   Patterson-UTI Energy, Inc.   3,896 
 42,009   Schlumberger N.V.   1,735 
         7,109 
           
     Entertainment — 1.16%     
 2,063   Activision Blizzard, Inc.   165 
 2,970   Liberty Media Corp. - Liberty Formula One, Class - C(a)   207 
 7,509   Netflix, Inc.(a)   2,813 
 36,143   The Walt Disney Co.(a)   4,958 
         8,143 
           
     Equity Real Estate Investment Trusts — 2.84%     
 992   Alexandria Real Estate Equities, Inc.   200 
 3,172   American Campus Communities, Inc.   178 
 3,688   American Homes 4 Rent, Class - A   148 
 5,297   American Tower Corp.   1,331 
 566   Apartment Income REIT Corp.   30 
 2,773   Boston Properties, Inc.   357 
 27,975   Brixmor Property Group, Inc.   722 
 7,024   Camden Property Trust   1,167 
 7,417   Crown Castle International Corp.   1,369 
 5,913   CubeSmart   308 
 968   Digital Realty Trust, Inc.   137 
 6,566   Duke Realty Corp.   381 
 726   Equinix, Inc.   538 
 2,122   Equity Lifestyle Properties, Inc.   162 
 507   Essex Property Trust, Inc.   175 
 2,294   Extra Space Storage, Inc.   472 
 1,385   Federal Realty Investment Trust   169 

 

 

 

 

 

 

HC CAPITAL TRUST

The Value Equity Portfolio

Portfolio of Investments (continued) — March 31, 2022 (Unaudited)

 

 

Shares   Security Description  Value
(000)
 
     Common Stocks (continued)     
     Equity Real Estate Investment Trusts (continued)     
 26,253   Healthcare Trust of America, Inc., Class - A  $823 
 12,588   Healthpeak Properties, Inc.   432 
 10,627   Invitation Homes, Inc.   427 
 5,259   Iron Mountain, Inc.   291 
 21,155   Kimco Realty Corp.   523 
 846   Lamar Advertising Co., Class - A   98 
 3,183   Life Storage, Inc.   447 
 6,040   Medical Properties Trust, Inc.   128 
 2,029   Mid-America Apartment Communities, Inc.   425 
 82,052   Park Hotels & Resorts, Inc.   1,603 
 10,542   Prologis, Inc.   1,703 
 2,688   Public Storage   1,049 
 19,572   Realty Income Corp.   1,356 
 6,543   Rexford Industrial Realty, Inc.   488 
 1,367   Sun Communities, Inc.   240 
 35,601   The Macerich Co.   557 
 4,609   UDR, Inc.   264 
 8,362   VICI Properties, Inc.   238 
 16,526   Vornado Realty Trust   749 
 1,917   Welltower, Inc.   184 
 1,573   WP Carey, Inc.   127 
         19,996 
           
     Food & Staples Retailing — 1.17%     
 3,254   Casey's General Stores, Inc.   645 
 1,943   Costco Wholesale Corp.   1,119 
 9,412   Sysco Corp.   768 
 9,040   The Kroger Co.   519 
 34,781   Walmart, Inc.   5,179 
         8,230 
           
     Food Products — 0.88%     
 13,782   Archer-Daniels-Midland Co.   1,245 
 3,437   Campbell Soup Co.   153 
 16,807   Conagra Brands, Inc.   564 
 5,689   Flowers Foods, Inc.   146 
 12,760   General Mills, Inc.   865 
 2,450   Hormel Foods Corp.   126 
 10,284   Kellogg Co.   663 
 9,502   Mondelez International, Inc., Class - A   597 
 1,277   Post Holdings, Inc.(a)   88 
 6,350   The Hain Celestial Group, Inc.(a)   218 
 1,964   The Hershey Co.   425 
 13,887   The Kraft Heinz Co.   547 
 6,256   Tyson Foods, Inc., Class - A   561 
         6,198 
           
     Gas Utilities — 0.01%     
 808   Atmos Energy Corp.   97 
           
     Health Care Equipment & Supplies — 2.71%     
 48,674   Abbott Laboratories   5,761 
 1,636   Align Technology, Inc.(a)   713 
 2,461   Baxter International, Inc.   191 
 4,797   Becton Dickinson & Co.   1,276 
 3,501   Danaher Corp.   1,027 
 5,780   DENTSPLY SIRONA, Inc.   284 
 783   Dexcom, Inc.(a)   401 
 2,250   Edwards Lifesciences Corp.(a)   265 
 699   ICU Medical, Inc.(a)   156 
 1,653   IDEXX Laboratories, Inc.(a)   904 
 1,719   Intuitive Surgical, Inc.(a)   519 
 37,605   Medtronic PLC   4,172 
 3,499   Penumbra, Inc.(a)   777 

 

 

Shares   Security Description  Value
(000)
 
     Common Stocks (continued)     
     Health Care Equipment & Supplies (continued)     
 1,498   STERIS PLC  $362 
 6,183   Stryker Corp.   1,653 
 3,112   Tandem Diabetes Care, Inc.(a)   362 
 212   Teleflex, Inc.   75 
 352   The Cooper Companies, Inc.   147 
         19,045 
           
     Health Care Providers & Services — 2.82%     
 3,127   AmerisourceBergen Corp.   484 
 4,252   Anthem, Inc.   2,089 
 24,101   Centene Corp.(a)   2,029 
 12,651   Cigna Corp.   3,030 
 14,322   CVS Health Corp.   1,450 
 1,535   DaVita, Inc.(a)   174 
 4,756   HCA Healthcare, Inc.   1,192 
 2,789   Humana, Inc.   1,214 
 2,131   Laboratory Corporation of America Holdings(a)   562 
 4,072   McKesson Corp.   1,247 
 992   Molina Heathcare, Inc.(a)   331 
 2,928   Quest Diagnostics, Inc.   401 
 11,048   UnitedHealth Group, Inc.   5,633 
         19,836 
           
     Health Care Technology — 0.38%     
 1,939   Cerner Corp.   181 
 11,861   Veeva Systems, Inc., Class - A(a)   2,520 
         2,701 
           
     Hotels, Restaurants & Leisure — 1.58%     
 2,249   Darden Restaurants, Inc.   299 
 148   Hilton Worldwide Holdings, Inc.(a)   22 
 22,330   Hyatt Hotels Corp., Class - A(a)   2,131 
 1,434   Marriott International, Inc., Class - A(a)   252 
 20,166   McDonald's Corp.   4,988 
 6,858   MGM Resorts International   288 
 5,125   Six Flags Entertainment Corp.(a)   223 
 30,827   Starbucks Corp.   2,804 
 546   Vail Resorts, Inc.   142 
         11,149 
           
     Household Durables — 0.33%     
 3,443   D.R. Horton, Inc.   257 
 3,121   Garmin Ltd.   370 
 3,252   Leggett & Platt, Inc.   113 
 6,964   Lennar Corp., Class - A   565 
 83   Lennar Corp., Class - B   6 
 4,132   PulteGroup, Inc.   173 
 17,676   Toll Brothers, Inc.   831 
         2,315 
           
     Household Products — 1.57%     
 2,171   Church & Dwight Co., Inc.   216 
 17,118   Kimberly-Clark Corp.   2,108 
 428   Spectrum Brands Holdings, Inc.   38 
 1,218   The Clorox Co.   169 
 55,572   The Procter & Gamble Co.   8,492 
         11,023 
           
     Independent Power and Renewable Electricity Producers — 0.09%     
 26,502   Vistra Corp.   616 

 

 

 

 

 

 

HC CAPITAL TRUST

The Value Equity Portfolio

Portfolio of Investments (continued) — March 31, 2022 (Unaudited)

 

 

Shares   Security Description  Value
(000)
 
     Common Stocks (continued)     
     Industrial Conglomerates — 0.70%     
 12,155   3M Co.  $1,810 
 16,050   Honeywell International, Inc.   3,123 
 41   Roper Technologies, Inc.   19 
         4,952 
           
     Insurance — 1.96%     
 23,465   Aflac, Inc.   1,511 
 560   Aon PLC, Class - A   182 
 3,483   Arthur J. Gallagher & Co.   608 
 1,195   Assurant, Inc.   217 
 1,344   Brown & Brown, Inc.   97 
 3,252   Cincinnati Financial Corp.   442 
 52,976   Fidelity National Financial, Inc.   2,588 
 9,177   Lincoln National Corp.   600 
 2,577   Marsh & McLennan Companies, Inc.   439 
 2,536   Mercury General Corp.   139 
 26,353   MetLife, Inc.   1,853 
 7,077   Old Republic International Corp.   183 
 6,114   Prudential Financial, Inc.   722 
 26,534   The Allstate Corp.   3,676 
 2,945   The Progressive Corp.   336 
 3,246   W.R. Berkley Corp.   216 
         13,809 
           
     Interactive Media & Services — 5.93%     
 6,267   Alphabet, Inc., Class - A(a)   17,430 
 4,583   Alphabet, Inc., Class - C(a)   12,800 
 51,914   Meta Platforms, Inc., Class - A(a)   11,544 
         41,774 
           
     Internet & Direct Marketing Retail — 3.70%     
 7,719   Amazon.com, Inc.(a)   25,164 
 15,824   eBay, Inc.   906 
         26,070 
           
     IT Services — 3.73%     
 2,831   Accenture PLC, Class - A   955 
 2,108   Akamai Technologies, Inc.(a)   252 
 1,853   Cognizant Technology Solutions Corp.   166 
 8,471   EPAM Systems, Inc.(a)   2,513 
 642   Fidelity National Information Services, Inc.   64 
 13,957   GoDaddy, Inc., Class - A(a)   1,168 
 18,311   MasterCard, Inc., Class - A   6,543 
 14,603   Okta, Inc.(a)   2,204 
 6,910   Paychex, Inc.   943 
 34,290   PayPal Holdings, Inc.(a)   3,966 
 6,313   Shift4 Payments, Inc., Class A(a)   391 
 3,303   Snowflake, Inc., Class - A(a)   757 
 10,501   The Western Union Co.   197 
 4,247   VeriSign, Inc.(a)   945 
 23,246   Visa, Inc., Class - A   5,155 
 43   WEX, Inc.(a)   8 
         26,227 
           
     Leisure Products — 0.14%     
 1,780   Brunswick Corp.   144 
 2,849   Hasbro, Inc.   233 
 10,271   Mattel, Inc.(a)   228 
 3,276   Polaris, Inc.   346 
         951 
           
     Life Sciences Tools & Services — 1.06%     
 4,371   Agilent Technologies, Inc.   578 
 398   Bio-Rad Laboratories, Inc., Class - A(a)   224 

 

 

Shares   Security Description  Value
(000)
 
     Common Stocks (continued)     
     Life Sciences Tools & Services (continued)     
 1,294   Bruker Corp.  $83 
 438   Charles River Laboratories International, Inc.(a)   124 
 710   IQVIA Holdings, Inc.(a)   164 
 2,796   Mettler-Toledo International, Inc.(a)   3,840 
 485   PerkinElmer, Inc.   85 
 2,339   QIAGEN N.V.(a)   115 
 3,456   Thermo Fisher Scientific, Inc.   2,042 
 720   Waters Corp.(a)   223 
         7,478 
           
     Machinery — 1.46%     
 11,054   AGCO Corp.   1,614 
 12,196   Caterpillar, Inc.   2,719 
 4,945   Colfax Corp.(a)   197 
 5,428   Cummins, Inc.   1,113 
 53   Donaldson Companies, Inc.   3 
 4,752   Dover Corp.   746 
 28   IDEX Corp.   5 
 6,910   Ingersoll Rand, Inc.   348 
 1,442   ITT, Inc.   108 
 1,244   Nordson Corp.   282 
 17,062   Oshkosh Corp.   1,717 
 7,507   Otis Worldwide Corp.   578 
 1,693   Parker Hannifin Corp.   480 
 2,490   The Timken Co.   151 
 1,711   Westinghouse Air Brake Technologies Corp.   165 
 485   Xylem, Inc.   41 
         10,267 
           
     Media — 1.01%     
 1,042   Charter Communications, Inc., Class - A(a)   568 
 108,767   Comcast Corp., Class - A   5,092 
 4,889   Fox Corp., Class - A   193 
 2,709   Liberty Broadband Corp., Class - C(a)   367 
 3,789   Omnicom Group, Inc.   322 
 15,400   Paramount Global, Class - B   582 
         7,124 
           
     Metals & Mining — 0.41%     
 18,550   Newmont Corp.   1,473 
 8,225   Nucor Corp.   1,223 
 1,912   Steel Dynamics, Inc.   160 
         2,856 
           
     Mortgage Real Estate Investment Trusts — 0.07%     
 23,607   AGNC Investment Corp.   309 
 15,165   New Residential Investment Corp.   167 
         476 
           
     Multiline Retail — 0.69%     
 952   Dollar General Corp.   212 
 4,169   Dollar Tree, Inc.(a)   668 
 5,126   Ollie's Bargain Outlet Holdings, Inc.(a)   220 
 17,745   Target Corp.   3,766 
         4,866 
           
     Multi-Utilities — 1.05%     
 2,674   Ameren Corp.   251 
 1,937   CMS Energy Corp.   135 
 1,642   Consolidated Edison, Inc.   155 
 24,990   Dominion Energy, Inc.   2,123 
 1,043   DTE Energy Co.   138 

 

 

 

 

 

 

HC CAPITAL TRUST

The Value Equity Portfolio

Portfolio of Investments (continued) — March 31, 2022 (Unaudited)

 

 

Shares   Security Description  Value
(000)
 
     Common Stocks (continued)     
     Multi-Utilities (continued)     
 72,854   NiSource, Inc.  $2,317 
 5,865   Public Service Enterprise Group, Inc.   411 
 951   Sempra Energy   160 
 17,371   WEC Energy Group, Inc.   1,734 
         7,424 
           
     Oil, Gas & Consumable Fuels — 2.98%     
 19,551   Antero Midstream Corp.   213 
 7,263   Cheniere Energy, Inc.   1,007 
 19,851   Chevron Corp.   3,233 
 5,077   ConocoPhillips   508 
 45,056   Continental Resources, Inc.   2,763 
 64,421   Coterra Energy, Inc.   1,737 
 30,851   Devon Energy Corp.   1,824 
 521   DT Midstream, Inc.   28 
 3,995   EOG Resources, Inc.   476 
 7,396   EQT Corp.   254 
 25,343   Exxon Mobil Corp.   2,093 
 16,993   Hess Corp.   1,819 
 11,538   Marathon Petroleum Corp.   986 
 26,124   Occidental Petroleum Corp.   1,482 
 6,401   ONEOK, Inc.   452 
 6,951   Targa Resources Corp.   525 
 41,203   The Williams Companies, Inc.   1,377 
 2,242   Valero Energy Corp.   228 
         21,005 
           
     Paper & Forest Products — 0.00%     
 964   Sylvamo Corp.(a)   32 
           
     Personal Products — 0.07%     
 1,618   BellRing Brands, Inc.(a)   37 
 1,700   The Estee Lauder Companies, Inc.   463 
         500 
           
     Pharmaceuticals — 3.92%     
 39,853   Bristol-Myers Squibb Co.   2,910 
 1,441   Catalent, Inc.(a)   160 
 19,272   Eli Lilly & Co.   5,519 
 1,000   Jazz Pharmaceuticals PLC(a)   156 
 44,819   Johnson & Johnson   7,943 
 64,349   Merck & Co., Inc.   5,280 
 6,434   Organon & Co.   225 
 99,288   Pfizer, Inc.   5,140 
 8,926   Viatris, Inc.   97 
 790   Zoetis, Inc.   149 
         27,579 
           
     Professional Services — 0.68%     
 26,820   CoStar Group, Inc.(a)   1,786 
 1,081   Equifax, Inc.   256 
 717   Jacobs Engineering Group, Inc.   99 
 1,829   Leidos Holdings, Inc.   198 
 825   Robert Half International, Inc.   94 
 10,910   Verisk Analytics, Inc., Class - A   2,342 
         4,775 
           
     Real Estate Management & Development — 0.11%     
 1,691   CBRE Group, Inc., Class - A(a)   155 
 4,563   Howard Hughes Corp.(a)   473 
 3,559   Zillow Group, Inc., Class - C(a)   175 
         803 
           

 

 

Shares   Security Description  Value
(000)
 
     Common Stocks (continued)     
     Road & Rail — 1.15%     
 327   AMERCO  $195 
 4,011   CSX Corp.   150 
 2,655   Knight-Swift Transportation Holdings, Inc.   134 
 5,345   Norfolk Southern Corp.   1,525 
 1,462   Old Dominion Freight Line, Inc.   437 
 7,527   Ryder System, Inc.   597 
 18,473   Union Pacific Corp.   5,047 
         8,085 
           
     Semiconductors & Semiconductor Equipment — 5.22%     
 5,394   Advanced Micro Devices, Inc.(a)   590 
 4,123   Analog Devices, Inc.   681 
 21,151   Applied Materials, Inc.   2,788 
 2,567   Broadcom, Inc.   1,616 
 7,850   Enphase Energy, Inc.(a)   1,584 
 113,563   Intel Corp.   5,628 
 3,302   KLA Corp.   1,209 
 1,129   Lam Research Corp.   607 
 6,026   Marvell Technology, Inc.   432 
 2,758   Micron Technology, Inc.   215 
 50,260   NVIDIA Corp.   13,713 
 7,270   QUALCOMM, Inc.   1,111 
 3,842   Skyworks Solutions, Inc.   512 
 23,905   Texas Instruments, Inc.   4,386 
 6,964   Universal Display Corp.   1,163 
 4,675   Wolfspeed, Inc.(a)   532 
         36,767 
           
     Software — 9.84%     
 12,361   Adobe, Inc.(a)   5,632 
 10,190   Autodesk, Inc.(a)   2,184 
 2,417   Bill.com Holdings, Inc.(a)   548 
 27,227   Manhattan Associates, Inc.(a)   3,777 
 139,124   Microsoft Corp.   42,892 
 56,988   Oracle Corp.   4,715 
 8,321   PAYCOM Software, Inc.(a)   2,882 
 8,384   RingCentral, Inc., Class - A(a)   983 
 4,117   Salesforce, Inc.(a)   874 
 8,243   ServiceNow, Inc.(a)   4,590 
 668   Synopsys, Inc.(a)   223 
         69,300 
           
     Specialty Retail — 2.11%     
 1,187   Advance Auto Parts, Inc.   246 
 2,829   AutoNation, Inc.(a)   282 
 22   AutoZone, Inc.(a)   45 
 6,524   Bath & Body Works, Inc.   312 
 7,757   Best Buy Co., Inc.   705 
 631   Burlington Stores, Inc.(a)   115 
 4,224   CarMax, Inc.(a)   408 
 4,609   Dick's Sporting Goods, Inc.   461 
 923   Five Below, Inc.(a)   146 
 36,426   Floor & Decor Holdings, Inc., Class - A(a)   2,951 
 3,466   Foot Locker, Inc.   103 
 3,541   Lowe's Companies, Inc.   716 
 7,287   Penske Automotive Group, Inc.   683 
 1,818   Ross Stores, Inc.   164 
 17,296   The Home Depot, Inc.   5,176 
 21,249   The TJX Companies, Inc.   1,287 
 2,059   Tractor Supply Co.   481 
 2,174   Victoria's Secret & Co.(a)   112 
 3,016   Williams-Sonoma, Inc.   437 
         14,830 

 

 

 

 

 

 

HC CAPITAL TRUST

The Value Equity Portfolio

Portfolio of Investments (continued) — March 31, 2022 (Unaudited)

 

 

Shares   Security Description  Value
(000)
 
     Common Stocks (continued)     
     Technology Hardware, Storage & Peripherals — 7.54%     
 285,426   Apple, Inc.  $49,838 
 83,952   HP, Inc.   3,047 
 2,448   NetApp, Inc.   203 
         53,088 
           
     Textiles, Apparel & Luxury Goods — 0.47%     
 6,619   Capri Holdings Ltd.(a)   340 
 1,404   Carter's, Inc.   129 
 30,504   Hanesbrands, Inc.   454 
 9,274   NIKE, Inc., Class - B   1,248 
 1,533   Ralph Lauren Corp.   174 
 7,801   Tapestry, Inc.   290 
 12,187   Under Armour, Inc., Class - C(a)   190 
 9,099   V.F. Corp.   517 
         3,342 
           
     Tobacco — 0.36%     
 36,600   Altria Group, Inc.   1,913 
 6,325   Philip Morris International, Inc.   594 
         2,507 
           
     Trading Companies & Distributors — 0.32%     
 13,428   Fastenal Co.   798 
 1,130   Watsco, Inc.   344 
 8,335   WESCO International, Inc.(a)   1,085 
         2,227 
           
     Water Utilities — 0.03%     
 1,178   American Water Works Co., Inc.   195 
           
     Wireless Telecommunication Services — 0.43%     
 23,667   T-Mobile US, Inc.(a)   3,038 
     Total Common Stocks   697,598 
           
     Investment Company — 0.69%     
 4,888,800   State Street Institutional Treasury Plus Money Market Fund, Trust Class, 0.20%(b)   4,889 
     Total Investment Company   4,889 
           
     Purchased Options on Futures — 0.02%     
     Total Purchased Options on Futures   162 
           
     Total Investments (cost $309,068) — 99.81%   702,649 
     Other assets in excess of liabilities — 0.19%   1,358 
           
     Net Assets - 100.00%  $704,007 
           

 

(a)Represents non-income producing security.
(b)Annualized 7-day yield as of period-end.

 

As of March 31, 2022, 100% of the Portfolio's net assets were managed by Parametric Portfolio Associates, LLC.

 

REIT—Real Estate Investment Trust

 

 

 

 

HC CAPITAL TRUST

The Value Equity Portfolio

Portfolio of Investments (concluded) — March 31, 2022 (Unaudited)

 

The following tables reflect the open derivative positions held by the Portfolio as of March 31, 2022.

 

Futures Contracts Purchased*

 

Description  Number of
Contracts
  Expiration Date   Notional Amount
(000)
   Value and Unrealized Appreciation/ (Depreciation)
(000)
 
E-Mini S&P 500 Future  9  6/17/22  $2,039   $127
E-Mini S&P Midcap 400 Future  3  6/17/22  807   39
         $2,846   $166
   Total Unrealized Appreciation       $166 
   Total Unrealized Depreciation      
   Total Net Unrealized Appreciation/(Depreciation)      $166

 

*Cash has been pledged as collateral for futures contracts held by the Portfolio.

 

Options on Futures Contracts

 

Exchange-traded options on futures contacts written as of March 31, 2022 were as follows:

 

Description    Put/Call   Number of Contracts   Notional Amount
(000)
   Exercise Price   Expiration Date    Value
(000)
 
E-Mini S&P 500 Future Option    Put    6    $ 1,260   $ 4,200.00     4/15/22    $ (2)  
E-Mini S&P 500 Future Option    Put    8    1,700   4,250.00     4/15/22    (4)  
E-Mini S&P 500 Future Option    Put    8    1,680   4,200.00     4/29/22    (9)  
E-Mini S&P 500 Future Option    Put    6    1,335   4,450.00     4/29/22    (19)  
E-Mini S&P 500 Future Option    Put    5    1,050   4,200.00     5/20/22    (12)  
E-Mini S&P 500 Future Option    Put    4    836   4,180.00     5/20/22    (9)  
E-Mini S&P 500 Future Option    Put    8    1,584   3,960.00     5/20/22    (10)  
E-Mini S&P 500 Future Option    Put    8    1,560   3,900.00     5/20/22    (7)  
E-Mini S&P 500 Future Option    Put    8    1,540   3,850.00     5/20/22    (6)  
E-Mini S&P 500 Future Option    Put    4    748   3,740.00     5/20/22    (2)  
E-Mini S&P 500 Future Option    Put    4    740   3,700.00     5/20/22    (2)  
E-Mini S&P 500 Future Option    Put    8    1,460   3,650.00     5/20/22    (4)  
E-Mini S&P 500 Future Option    Put    4    720   3,600.00     5/20/22    (2)  
E-Mini S&P 500 Future Option    Put    5    920   3,680.00     5/20/22    (3)  
E-Mini S&P 500 Future Option    Put    6    1,281   4,270.00     5/20/22    (17)  
E-Mini S&P 500 Future Option    Put    4    700   3,500.00     5/31/22    (2)  
E-Mini S&P 500 Future Option    Put    8    1,560   3,900.00     5/31/22    (10)  
E-Mini S&P 500 Future Option    Put    5    963   3,850.00     5/31/22    (5)  
E-Mini S&P 500 Future Option    Put    8    1,528   3,820.00     5/31/22    (8)  
E-Mini S&P 500 Future Option    Put    5    950   3,800.00     5/31/22    (5)  
E-Mini S&P 500 Future Option    Put    5    925   3,700.00     5/31/22    (4)  
E-Mini S&P 500 Future Option    Put    4    720   3,600.00     5/31/22    (2)  
E-Mini S&P 500 Future Option    Put    8    1,428   3,570.00     5/31/22    (4)  
E-Mini S&P 500 Future Option    Put    6    1,272   4,240.00     5/31/22    (19)  
E-Mini S&P 500 Future Option    Put    4    800   4,000.00     5/31/22    (6)  
E-Mini S&P 500 Future Option    Put    4    690   3,450.00     5/31/22    (2)  
E-Mini S&P 500 Future Option    Put    4    750   3,750.00     6/17/22    (5)  
E-Mini S&P 500 Future Option    Put    4    770   3,850.00     6/17/22    (7)  
E-Mini S&P 500 Future Option    Put    6    1,170   3,900.00     6/17/22    (11)  
E-Mini S&P 500 Future Option    Put    3    593   3,950.00     6/17/22    (6)  
E-Mini S&P 500 Future Option    Put    4    806   4,030.00     6/17/22    (10)  
E-Mini S&P 500 Future Option    Put    3    608   4,050.00   6/17/22   (8)  
                              $ (222)  

 

Exchanged-traded options on futures contacts purchased as of March 31, 2022 were as follows:

 

Description    Put/Call   Number of Contracts   Notional Amount
(000)
   Exercise Price   Expiration Date    Value
(000)
 
E-Mini S&P 500 Future Option    Put    3    $ 675   $ 4,500.00     4/15/22    $ 8  
E-Mini S&P 500 Future Option    Put    4    910   4,550.00     4/15/22    14  
E-Mini S&P 500 Future Option    Put    12    2,400   4,000.00     4/15/22    2  
E-Mini S&P 500 Future Option    Put    4    860   4,300.00     4/29/22    7  
E-Mini S&P 500 Future Option    Put    4    900   4,500.00     4/29/22    16  
E-Mini S&P 500 Future Option    Put    3    690   4,600.00     4/29/22    18  
E-Mini S&P 500 Future Option    Put    4    850   4,250.00     5/20/22    11  
E-Mini S&P 500 Future Option    Put    4    860   4,300.00     5/20/22    13  
E-Mini S&P 500 Future Option    Put    3    678   4,520.00     5/20/22    18  
E-Mini S&P 500 Future Option    Put    4    830   4,150.00     5/31/22    10  
E-Mini S&P 500 Future Option    Put    4    850   4,250.00     5/31/22    13  
E-Mini S&P 500 Future Option    Put    3    678   4,520.00     5/31/22    19  
E-Mini S&P 500 Future Option    Put    3    638   4,250.00   6/17/22   13  
                              $ 162  

 

Amounts designated as "—" are $0 or have been rounded to $0.

 

 

 

 

HC CAPITAL TRUST

The Growth Equity Portfolio

Portfolio of Investments — March 31, 2022 (Unaudited)

 

 

Shares   Security Description  Value
(000)
 
     Common Stocks — 98.69%     
     Aerospace & Defense — 0.91%     
 5,461   General Dynamics Corp.  $1,317 
 391   HEICO Corp.   60 
 728   HEICO Corp., Class - A   92 
 4,930   L3Harris Technologies, Inc.   1,225 
 1,511   Northrop Grumman Corp.   676 
 33,522   Raytheon Technologies Corp.   3,322 
 5,365   The Boeing Co.(a)   1,027 
 475   TransDigm Group, Inc.(a)   309 
         8,028 
           
     Air Freight & Logistics — 0.12%     
 4,946   Expeditors International of Washington, Inc.   510 
 7,548   GXO Logistics, Inc.(a)   539 
         1,049 
           
     Airlines — 0.17%     
 12,994   Alaska Air Group, Inc.(a)   753 
 18,665   Delta Air Lines, Inc.(a)   739 
         1,492 
           
     Automobiles — 3.49%     
 71,725   Ford Motor Co.   1,213 
 27,337   Tesla, Inc.(a)   29,458 
         30,671 
           
     Banks — 3.05%     
 33,119   Bank of America Corp.   1,365 
 13,206   Bank OZK   564 
 53,577   Citigroup, Inc.   2,861 
 13,240   Citizens Financial Group, Inc.   600 
 40,559   Comerica, Inc.   3,669 
 1,150   Cullen/Frost Bankers, Inc.   159 
 29,928   East West Bancorp, Inc.   2,365 
 86,090   First Horizon Corp.   2,022 
 3,853   First Republic Bank   625 
 36,888   Huntington Bancshares, Inc.   539 
 23,176   JPMorgan Chase & Co.   3,159 
 74,674   KeyCorp   1,671 
 106,556   Regions Financial Corp.   2,372 
 209   SVB Financial Group(a)   117 
 26,956   Truist Financial Corp.   1,528 
 49,126   Zions Bancorp NA   3,221 
         26,837 
           
     Beverages — 1.22%     
 7,236   Brown-Forman Corp., Class - B   485 
 8,931   Monster Beverage Corp.(a)   714 
 29,046   PepsiCo, Inc.   4,861 
 74,917   The Coca-Cola Co.   4,645 
         10,705 
           
     Biotechnology — 1.38%     
 4,254   AbbVie, Inc.   690 
 9,107   Alnylam Pharmaceuticals, Inc.(a)   1,487 
 15,193   Amgen, Inc.   3,674 
 40,680   CureVac N.V.^(a)   798 
 19,253   Moderna, Inc.(a)   3,317 
 800   Neurocrine Biosciences, Inc.(a)   75 
 2,019   Regeneron Pharmaceuticals, Inc.(a)   1,410 
 1,014   Seagen, Inc.(a)   146 

 

 

Shares   Security Description  Value
(000)
 
     Common Stocks (continued)     
     Biotechnology (continued)     
 2,251   Vertex Pharmaceuticals, Inc.(a)  $587 
         12,184 
           
     Building Products — 0.25%     
 404   Armstrong World Industries, Inc.   36 
 17,452   Carrier Global Corp.   801 
 50,415   Resideo Technologies, Inc.(a)   1,201 
 1,218   Trane Technologies PLC   186 
         2,224 
           
     Capital Markets — 2.26%     
 2,335   CBOE Global Markets, Inc.   267 
 6,242   CME Group, Inc.   1,485 
 1,203   FactSet Research Systems, Inc.   522 
 2,582   Intercontinental Exchange, Inc.   341 
 143,372   Invesco Ltd.   3,306 
 18,395   Janus Henderson Group PLC   644 
 15,119   KKR & Co., Inc.   884 
 713   LPL Financial Holdings, Inc.   130 
 349   MarketAxess Holdings, Inc.   119 
 1,577   Moody's Corp.   532 
 31,488   Morgan Stanley   2,752 
 390   Morningstar, Inc.   107 
 838   MSCI, Inc.   421 
 9,178   S&P Global, Inc.   3,765 
 2,032   T. Rowe Price Group, Inc.   307 
 16,324   The Charles Schwab Corp.   1,376 
 8,823   The Goldman Sachs Group, Inc.   2,913 
         19,871 
           
     Chemicals — 1.62%     
 3,430   Air Products & Chemicals, Inc.   857 
 13,075   CF Industries Holdings, Inc.   1,348 
 30,407   Ecolab, Inc.   5,368 
 999   FMC Corp.   131 
 5,519   Linde PLC   1,763 
 28,629   LyondellBasell Industries N.V., Class - A   2,944 
 19,809   The Chemours Co.   624 
 4,752   The Sherwin-Williams Co.   1,186 
         14,221 
           
     Commercial Services & Supplies — 0.23%     
 1,845   Cintas Corp.   785 
 6,652   Copart, Inc.(a)   835 
 2,752   Waste Connections, Inc.   384 
         2,004 
           
     Communications Equipment — 0.74%     
 4,776   Arista Networks, Inc.(a)   664 
 101,754   Cisco Systems, Inc.   5,674 
 825   F5, Inc.(a)   172 
 153   Motorola Solutions, Inc.   37 
         6,547 
           
     Construction & Engineering — 0.01%     
 374   Quanta Services, Inc.   49 
           
     Consumer Finance — 0.30%     
 95   Credit Acceptance Corp.(a)   52 
 141,214   SLM Corp.   2,593 
         2,645 
           
     Containers & Packaging — 0.05%     
 1,280   AptarGroup, Inc.   151 

 

 

 

 

 

 

HC CAPITAL TRUST

The Growth Equity Portfolio

Portfolio of Investments (continued) — March 31, 2022 (Unaudited)

 

 

Shares   Security Description  Value
(000)
 
     Common Stocks (continued)     
     Containers & Packaging (continued)     
 747   Avery Dennison Corp.  $130 
 841   Packaging Corporation of America   131 
         412 
           
     Distributors — 0.06%     
 2,966   Genuine Parts Co.   374 
 381   Pool Corp.   161 
         535 
           
     Diversified Consumer Services — 0.30%     
 516   Bright Horizons Family Solutions, Inc.(a)   68 
 65,482   Chegg, Inc.(a)   2,376 
 1,727   Service Corporation International   114 
 1,276   Terminix Global Holdings, Inc.(a)   58 
         2,616 
           
     Diversified Financial Services — 1.12%     
 17,401   Berkshire Hathaway, Inc., Class - B(a)   6,141 
 49,933   Equitable Holdings, Inc.   1,543 
 32,550   Voya Financial, Inc.   2,160 
         9,844 
           
     Diversified Telecommunication Services — 0.34%     
 55,392   AT&T, Inc.   1,309 
 122,941   Lumen Technologies, Inc.   1,385 
 6,241   Verizon Communications, Inc.   318 
         3,012 
           
     Electric Utilities — 0.98%     
 7,312   Avangrid, Inc.   342 
 15,796   Edison International   1,107 
 60,365   FirstEnergy Corp.   2,767 
 23,487   Hawaiian Electric Industries, Inc.   994 
 4,256   NextEra Energy, Inc.   361 
 36,550   NRG Energy, Inc.   1,402 
 12,422   OGE Energy Corp.   507 
 13,134   Pinnacle West Capital Corp.   1,026 
 5,512   PPL Corp.   157 
         8,663 
           
     Electrical Equipment — 0.28%     
 5,157   AMETEK, Inc.   687 
 13,294   Emerson Electric Co.   1,303 
 1,210   Hubbell, Inc.   222 
 931   Rockwell Automation, Inc.   261 
         2,473 
           
     Electronic Equipment, Instruments & Components — 0.13%     
 12,210   Amphenol Corp., Class - A   920 
 2,343   Vontier Corp.   59 
 376   Zebra Technologies Corp.(a)   156 
         1,135 
           
     Energy Equipment & Services — 0.13%     
 27,567   Schlumberger N.V.   1,139 
           
     Entertainment — 1.31%     
 24,348   Live Nation Entertainment, Inc.(a)   2,864 
 16,766   Netflix, Inc.(a)   6,280 
 15,144   ROBLOX Corp., Class - A(a)   700 
 6,288   Spotify Technology SA(a)   950 

 

 

Shares   Security Description  Value
(000)
 
     Common Stocks (continued)     
     Entertainment (continued)     
 5,256   The Walt Disney Co.(a)  $721 
         11,515 
           
     Equity Real Estate Investment Trusts — 2.47%     
 2,272   American Tower Corp.   571 
 16,012   Equinix, Inc.   11,874 
 1,608   Equity Lifestyle Properties, Inc.   123 
 43,464   Healthcare Trust of America, Inc., Class - A   1,362 
 41,651   Healthpeak Properties, Inc.   1,430 
 94,719   Park Hotels & Resorts, Inc.   1,850 
 52,271   SITE Centers Corp.   873 
 40,605   Ventas, Inc.   2,508 
 25,254   Vornado Realty Trust   1,145 
         21,736 
           
     Food & Staples Retailing — 1.74%     
 18,462   Costco Wholesale Corp.   10,631 
 8,706   Sysco Corp.   711 
 1,413   Walgreens Boots Alliance, Inc.   63 
 26,416   Walmart, Inc.   3,934 
         15,339 
           
     Food Products — 0.82%     
 70,463   Conagra Brands, Inc.   2,365 
 5,224   Hormel Foods Corp.   269 
 413   Lamb Weston Holding, Inc.   25 
 5,092   McCormick & Company, Inc.   508 
 56,218   Mondelez International, Inc., Class - A   3,530 
 1,045   The Hershey Co.   226 
 2,332   The J.M. Smucker Co.   316 
         7,239 
           
     Gas Utilities — 0.45%     
 34,942   National Fuel Gas Co.   2,401 
 42,971   UGI Corp.   1,556 
         3,957 
           
     Health Care Equipment & Supplies — 3.24%     
 42,190   Abbott Laboratories   4,992 
 372   Abiomed, Inc.(a)   123 
 11,112   Baxter International, Inc.   862 
 6,721   Becton Dickinson & Co.   1,788 
 10,892   Boston Scientific Corp.(a)   482 
 22,316   Danaher Corp.   6,546 
 3,939   Dexcom, Inc.(a)   2,015 
 15,477   Edwards Lifesciences Corp.(a)   1,822 
 2,690   IDEXX Laboratories, Inc.(a)   1,472 
 14,634   Intuitive Surgical, Inc.(a)   4,415 
 4,072   ResMed, Inc.   988 
 9,642   Stryker Corp.   2,578 
 3,346   Zimmer Biomet Holdings, Inc.   428 
 334   Zimvie, Inc.(a)   8 
         28,519 
           
     Health Care Providers & Services — 2.52%     
 22,388   Acadia Healthcare Company, Inc.(a)   1,467 
 5,215   Anthem, Inc.   2,562 
 1,650   Centene Corp.(a)   139 
 22,394   CVS Health Corp.   2,266 
 3,283   Henry Schein, Inc.(a)   286 
 1,952   Laboratory Corporation of America Holdings(a)   515 
 4,595   McKesson Corp.   1,407 
 2,799   Quest Diagnostics, Inc.   383 

 

 

 

 

 

 

HC CAPITAL TRUST

The Growth Equity Portfolio

Portfolio of Investments (continued) — March 31, 2022 (Unaudited)

 

 

Shares   Security Description  Value
(000)
 
     Common Stocks (continued)     
     Health Care Providers & Services (continued)     
 25,835   UnitedHealth Group, Inc.  $13,175 
         22,200 
           
     Health Care Technology — 0.61%     
 51,381   Cerner Corp.   4,807 
 2,596   Veeva Systems, Inc., Class - A(a)   552 
         5,359 
           
     Hotels, Restaurants & Leisure — 2.23%     
 21,152   Airbnb, Inc., Class - A(a)   3,633 
 1,179   Booking Holdings, Inc.(a)   2,769 
 1,800   Chipotle Mexican Grill, Inc.(a)   2,848 
 1,046   Choice Hotels International, Inc.   148 
 2,110   Marriott International, Inc., Class - A(a)   371 
 9,780   Royal Caribbean Cruises Ltd.(a)   819 
 98,020   Starbucks Corp.   8,917 
 310   Vail Resorts, Inc.   81 
         19,586 
           
     Household Durables — 0.03%     
 2,470   Garmin Ltd.   293 
           
     Household Products — 0.99%     
 5,143   Church & Dwight Co., Inc.   511 
 9,514   Colgate-Palmolive Co.   721 
 7,129   Kimberly-Clark Corp.   878 
 2,554   The Clorox Co.   355 
 41,123   The Procter & Gamble Co.   6,284 
         8,749 
           
     Independent Power and Renewable Electricity Producers — 0.14%     
 51,268   Vistra Corp.   1,192 
           
     Industrial Conglomerates — 0.56%     
 12,543   3M Co.   1,868 
 11,662   General Electric Co.   1,067 
 4,278   Honeywell International, Inc.   832 
 2,488   Roper Technologies, Inc.   1,175 
         4,942 
           
     Insurance — 2.01%     
 9,715   Aflac, Inc.   626 
 7,992   Aon PLC, Class - A   2,602 
 1,155   Arthur J. Gallagher & Co.   202 
 16,505   AXIS Capital Holdings Ltd.   998 
 11,297   Chubb Ltd.   2,416 
 171   Erie Indemnity Co., Class - A   30 
 9,236   Fidelity National Financial, Inc.   451 
 43,476   Lincoln National Corp.   2,842 
 11,845   Marsh & McLennan Companies, Inc.   2,019 
 22,534   Principal Financial Group, Inc.   1,654 
 4,893   Prudential Financial, Inc.   578 
 7,591   Reinsurance Group of America   831 
 5,565   The Progressive Corp.   634 
 6,974   The Travelers Companies, Inc.   1,274 
 15,794   Unum Group   498 
         17,655 
           
     Interactive Media & Services — 5.90%     
 6,174   Alphabet, Inc., Class - A(a)   17,172 
 8,293   Alphabet, Inc., Class - C(a)   23,162 
 646   IAC/InterActiveCorp.(a)   65 
 15,193   Match Group, Inc.(a)   1,653 

 

 

Shares   Security Description  Value
(000)
 
     Common Stocks (continued)     
     Interactive Media & Services (continued)     
 34,748   Meta Platforms, Inc., Class - A(a)  $7,726 
 58,644   Snap, Inc., Class - A(a)   2,111 
 1,048   Vimeo, Inc.(a)   12 
         51,901 
           
     Internet & Direct Marketing Retail — 5.12%     
 12,760   Amazon.com, Inc.(a)   41,597 
 2,900   MercadoLibre, Inc.(a)   3,449 
         45,046 
           
     IT Services — 7.46%     
 12,354   Accenture PLC, Class - A   4,166 
 144,784   Adyen N.V., ADR(a)   2,862 
 57,727   Automatic Data Processing, Inc.   13,135 
 2,371   Broadridge Financial Solutions, Inc.   369 
 2,241   Cognizant Technology Solutions Corp.   201 
 756   Fiserv, Inc.(a)   77 
 1,270   FleetCor Technologies, Inc.(a)   316 
 7,975   Global Payments, Inc.   1,091 
 1,598   Jack Henry & Associates, Inc.   315 
 13,591   MasterCard, Inc., Class - A   4,858 
 24,350   Okta, Inc.(a)   3,676 
 35,193   PayPal Holdings, Inc.(a)   4,070 
 6,099   Shopify, Inc., Class - A(a)   4,123 
 8,283   Snowflake, Inc., Class - A(a)   1,898 
 6,959   Twilio, Inc., Class - A(a)   1,147 
 104,737   Visa, Inc., Class - A   23,228 
         65,532 
           
     Leisure Products — 0.02%     
 1,422   Polaris, Inc.   150 
           
     Life Sciences Tools & Services — 0.96%     
 1,141   Bio-Techne Corp.   494 
 440   Bruker Corp.   28 
 1,402   Illumina, Inc.(a)   490 
 758   Mettler-Toledo International, Inc.(a)   1,041 
 239   PerkinElmer, Inc.   42 
 9,568   Thermo Fisher Scientific, Inc.   5,651 
 2,297   Waters Corp.(a)   713 
         8,459 
           
     Machinery — 1.50%     
 9,555   Caterpillar, Inc.   2,129 
 4,840   Deere & Co.   2,011 
 3,369   Dover Corp.   529 
 6,615   Fortive Corp.   403 
 34,446   Gates Industrial Corp. PLC(a)   519 
 1,569   Graco, Inc.   109 
 2,179   IDEX Corp.   418 
 8,257   Illinois Tool Works, Inc.   1,729 
 17,092   Ingersoll Rand, Inc.   861 
 506   Nordson Corp.   115 
 8,726   Otis Worldwide Corp.   671 
 11,372   The Middleby Corp.(a)   1,864 
 927   The Toro Co.   79 
 14,765   Westinghouse Air Brake Technologies Corp.   1,420 
 4,438   Xylem, Inc.   378 
         13,235 
           
     Media — 0.99%     
 546   Charter Communications, Inc., Class - A(a)   298 
 58,598   Comcast Corp., Class - A   2,744 

 

 

 

 

 

 

HC CAPITAL TRUST

The Growth Equity Portfolio

Portfolio of Investments (continued) — March 31, 2022 (Unaudited)

 

 

Shares   Security Description  Value
(000)
 
     Common Stocks (continued)     
     Media (continued)     
 17,467   Discovery, Inc.(a)  $435 
 2,377   Liberty Broadband Corp., Class - C(a)   322 
 4,935   Omnicom Group, Inc.   419 
 74,543   Paramount Global, Class - B   2,818 
 37,013   Sinclair Broadcast Group, Inc., Class - A   1,037 
 17,241   The Interpublic Group of Companies, Inc.   611 
         8,684 
           
     Metals & Mining — 0.05%     
 5,818   Newmont Corp.   462 
           
     Mortgage Real Estate Investment Trusts — 0.28%     
 183,185   New Residential Investment Corp.   2,011 
 20,515   Starwood Property Trust, Inc.   496 
         2,507 
           
     Multiline Retail — 0.40%     
 939   Dollar General Corp.   209 
 4,517   Dollar Tree, Inc.(a)   723 
 12,273   Target Corp.   2,605 
         3,537 
           
     Multi-Utilities — 0.57%     
 84,210