Investment Portfolioas of February 29, 2024 (Unaudited)
DWS Municipal Income Trust
 
 
Principal
Amount ($)
Value ($)
Municipal Investments 143.3%
Alabama 0.7%
Alabama, Black Belt Energy Gas District, Gas Project Revenue, Series D-1, 5.5% (a),
6/1/2049, GTY: Goldman Sachs Group, Inc.
800,000
852,210
Jefferson County, AL, Sewer Revenue, 5.5%, 10/1/2053
1,665,000
1,821,078
 
2,673,288
Alaska 2.1%
Alaska, Industrial Development & Export Authority Revenue, Tanana Chiefs Conference
Project, Series A, 4.0%, 10/1/2049
5,060,000
4,666,884
Alaska, Municipal Bond Bank Authority Revenue, Series 2, 4.0%, 6/1/2044
4,000,000
3,903,817
 
8,570,701
Arizona 1.8%
Arizona, Salt Verde Financial Corp., Gas Revenue:
5.0%, 12/1/2037, GTY: Citigroup, Inc.
1,050,000
1,152,909
5.5%, 12/1/2029, GTY: Citigroup, Inc.
1,400,000
1,504,036
Arizona, Sierra Vista Industrial Development Authority Revenue, American Leadership
Academy Inc., 144A, 5.75%, 6/15/2058
1,000,000
1,008,806
Maricopa County, AZ, Industrial Development Authority, Education Revenue, Legacy
Traditional Schools Project, Series B, 144A, 5.0%, 7/1/2049
1,755,000
1,689,039
Maricopa County, AZ, Industrial Development Authority, Hospital Revenue, Series A,
5.0%, 9/1/2042
1,000,000
1,043,501
Pima County, AZ, Industrial Development Authority, Education Revenue, American
Leadership Academy Project, 144A, 5.0%, 6/15/2052
1,150,000
1,069,451
 
7,467,742
California 8.9%
California, Community Housing Agency, Essential Housing Revenue, Verdant at Green
Valley Project, Series A, 144A, 5.0%, 8/1/2049
1,450,000
1,381,785
California, Housing Finance Agency, Municipal Certificates, “A”, Series 2021-1, 3.5%,
11/20/2035
1,067,945
1,009,156
California, Morongo Band of Mission Indians Revenue, Series B, 144A, 5.0%,
10/1/2042
345,000
345,404
California, M-S-R Energy Authority, Series A, 7.0%, 11/1/2034, GTY: Citigroup Global
Markets
3,180,000
4,036,241
California, Public Finance Authority Revenue, Enso VIillage Project, Series A, 144A,
5.0%, 11/15/2036
500,000
458,880
California, State Municipal Finance Authority Revenue, Catalyst Impact Fund 1 LLC,
“II”, 144A, 7.0%, 1/1/2039
2,525,000
2,656,495
California, State Municipal Finance Authority Revenue, LAX Integrated Express
Solutions LLC, LINXS Apartment Project:
Series A, AMT, 5.0%, 12/31/2043
1,825,000
1,825,145
Series B, AMT, 5.0%, 6/1/2048
240,000
239,158
California, Statewide Communities Development Authority Revenue, Loma Linda
University Medical Center, Series A, 5.5%, 12/1/2054
1,000,000
987,504
California, Tobacco Securitization Authority, Tobacco Settlement Revenue, San Diego
County Tobacco Asset Securitization Corp., “1”, Series A, 5.0%, 6/1/2048
700,000
732,456
Long Beach, CA, Harbor Revenue, Series D, 5.0%, 5/15/2039
1,065,000
1,083,355

Los Angeles, CA, Department of Airports Revenue:
Series A, AMT, 5.0%, 5/15/2042
3,750,000
3,856,571
Series A, AMT, 5.0%, 5/15/2045
1,250,000
1,329,767
Los Angeles, CA, Department of Airports Revenue, Los Angeles International Airport,
Series A, AMT, 5.0%, 5/15/2044
6,430,000
6,643,972
San Diego, CA, Unified School District, Proposition Z Bonds, Series M2, 3.0%,
7/1/2050
2,000,000
1,592,116
San Francisco City & County, CA, Airports Commission, International Airport Revenue,
Series D, AMT, 5.0%, 5/1/2048
2,965,000
3,042,567
San Francisco, CA, City & County Airports Commission, International Airport Revenue,
Series E, AMT, 5.0%, 5/1/2045
5,000,000
5,201,020
 
36,421,592
Colorado 5.6%
Colorado, North Range Metropolitan District No. 3, Series A, 5.25%, 12/1/2050
2,000,000
1,987,376
Colorado, State Health Facilities Authority, Hospital Revenue, CommonSpirit Health
Obligation Group, Series A-1, 4.0%, 8/1/2044
9,960,000
9,612,628
Colorado, State Health Facilities Authority, Hospital Revenue, Covenant Retirement
Communities Obligated Group, Series A, 5.0%, 12/1/2048
1,305,000
1,306,828
Denver, CO, City & County Airport Revenue, Series A, AMT, 5.25%, 12/1/2043
9,225,000
9,674,878
Denver, CO, Health & Hospital Authority, Healthcare Revenue, Series A, 4.0%,
12/1/2040
450,000
413,804
 
22,995,514
District of Columbia 1.1%
District of Columbia, KIPP Project Revenue, 4.0%, 7/1/2049
2,405,000
2,137,957
District of Columbia, Metropolitan Airport Authority, Dulles Toll Road Revenue, Dulles
Metrorail & Capital Improvement Project, Series B, 4.0%, 10/1/2049
1,590,000
1,495,525
District of Columbia, Two Rivers Public Charter School, Inc., 5.0%, 6/1/2055
750,000
682,365
 
4,315,847
Florida 13.9%
Brevard County, FL, Health Facilities Authority, Hospital Revenue, Health First, Inc.,
Series A, 4.0%, 4/1/2052
2,500,000
2,308,414
Broward County, FL, Airport System Revenue, Series A, AMT, 4.0%, 10/1/2049
345,000
323,996
Charlotte County, FL, Industrial Development Authority, Utility System Revenue, Town
& Country Utilities Project, 144A, 5.0%, 10/1/2049
1,500,000
1,468,419
Collier County, FL, State Educational Facilities Authority Revenue, Ave Maria
University Inc., 5.0%, 6/1/2043
1,015,000
998,160
Florida, Capital Projects Finance Authority Revenue, Provident Group - Continuum
Properties LLC:
Series A-1, 5.0%, 11/1/2053
215,000
216,376
Series A-1, 5.0%, 11/1/2058
345,000
345,635
Florida, Development Finance Corp., Educational Facilities Revenue, Mater Academy
Projects:
Series A, 5.0%, 6/15/2052
3,170,000
3,174,492
Series A, 5.0%, 6/15/2055
1,540,000
1,533,874
Series A, 5.0%, 6/15/2056
440,000
437,531
Florida, Development Finance Corp., Brightline Holdings LLC, Series A, 144A, AMT,
8.0% (a), 7/1/2057
1,000,000
1,050,214
Florida, Development Finance Corp., Educational Facilities Revenue, River City Science
Academy Project:
Series A-1, 5.0%, 7/1/2042
60,000
61,676
Series B, 5.0%, 7/1/2042
60,000
61,676
Series A-1, 5.0%, 7/1/2051
55,000
55,296
Series B, 5.0%, 7/1/2051
85,000
85,457
Series A-1, 5.0%, 2/1/2057
160,000
159,865
Series B, 5.0%, 7/1/2057
90,000
89,923

Florida, Development Finance Corp., Surface Transportation Facilities Revenue,
Brightline Passenger Rail Project, Series B, 144A, AMT, 7.375%, 1/1/2049
1,000,000
1,024,984
Florida, State Atlantic University Finance Corp., Capital Improvements Revenue,
Student Housing Project, Series B, 4.0%, 7/1/2044
2,525,000
2,464,137
Florida, State Higher Educational Facilities Financial Authority Revenue, Florida
Institute of Technology, 4.0%, 10/1/2044
1,000,000
882,145
Greater Orlando, FL, Aviation Authority Airport Facilities Revenue:
Series A, AMT, 5.0%, 10/1/2042
1,490,000
1,533,051
Series A, AMT, 5.0%, 10/1/2047
965,000
987,456
Hillsborough County, FL, Aviation Authority, Tampa International Airport:
Series A, AMT, 4.0%, 10/1/2052
1,710,000
1,591,384
Series A, AMT, 5.0%, 10/1/2048
2,500,000
2,566,189
Miami-Dade County, FL, Aviation Revenue:
Series A, AMT, 5.0%, 10/1/2035
5,000,000
5,019,456
Series B, AMT, 5.0%, 10/1/2040
2,360,000
2,414,220
Miami-Dade County, FL, Expressway Authority, Toll Systems Revenue, Series A, 5.0%,
7/1/2035, INS: AGMC
3,000,000
3,002,162
Miami-Dade County, FL, Health Facilities Authority Hospital Revenue, Nicklaus
Children's Hospital, 5.0%, 8/1/2047
3,335,000
3,384,443
Miami-Dade County, FL, Seaport Revenue, Series A, AMT, 5.0%, 10/1/2047
640,000
671,347
Miami-Dade County, FL, Transit System, Series A, 4.0%, 7/1/2050
5,000,000
4,830,303
Osceola County, FL, Transportation Revenue, Series A-1, 4.0%, 10/1/2054
3,000,000
2,701,477
Palm Beach County, FL, Health Facilities Authority Revenue, Lifespace Communities,
Inc. Obligated Group:
Series C, 7.5%, 5/15/2053
340,000
367,383
Series C, 7.625%, 5/15/2058
455,000
491,347
Palm Beach County, FL, Health Facilities Authority, Acts Retirement-Life Communities,
Inc., Series A, 5.0%, 11/15/2045
4,850,000
4,974,036
Tampa, FL, The University of Tampa Project, Series A, 4.0%, 4/1/2050
3,775,000
3,576,460
Tampa, FL, Water & Waste Water System Revenue, Series A, 5.25%, 10/1/2057
1,500,000
1,654,987
 
56,507,971
Georgia 8.2%
Atlanta, GA, Airport Passenger Facility Charge Revenue, Series D, AMT, 4.0%,
7/1/2038
2,000,000
2,002,044
Cobb County, GA, Kennestone Hospital Authority, Revenue Anticipation Certificates,
Wellstar Health System, Inc. Project, Series A, 4.0%, 4/1/2052
620,000
584,778
Columbia County, GA, Hospital Authority Revenue, WellStar Health System Obligated
Group:
Series A, 5.125%, 4/1/2048
375,000
406,308
Series A, 5.75%, 4/1/2053
400,000
453,905
Fulton County, GA, Development Authority Hospital Revenue, Revenue Anticipation
Certificates, Wellstar Health System, Series A, 5.0%, 4/1/2042
1,055,000
1,082,846
Fulton County, GA, Development Authority Hospital Revenue, Wellstar Health System,
Obligated Inc. Project, Series A, 4.0%, 4/1/2050
1,320,000
1,248,604
George L Smith II, GA, Congress Center Authority, Convention Center Hotel First Tier,
Series A, 4.0%, 1/1/2054
3,640,000
3,241,402
George L Smith II, GA, Congress Center Authority, Convention Center Hotel Second
Tier, Series B, 144A, 5.0%, 1/1/2054
2,000,000
1,804,168
Georgia, Main Street Natural Gas, Inc., Gas Project Revenue:
Series C, 5.0% (a), 9/1/2053, GTY: Royal Bank of Canada
770,000
819,821
Series A, 5.5%, 9/15/2024, GTY: Merrill Lynch & Co.
5,000,000
5,028,629
Series A, 5.5%, 9/15/2028, GTY: Merrill Lynch & Co.
10,000,000
10,629,877
Georgia, Main Street Natural Gas, Inc., Gas Supply Revenue, Series B, 5.0% (a),
7/1/2053, GTY: Royal Bank of Canada
3,110,000
3,300,578
Georgia, Municipal Electric Authority Revenue, Project One, Series A, 5.0%, 1/1/2049
1,000,000
1,018,654
Georgia, Private Colleges & Universities Authority Revenue, Mercer University Project,
4.0%, 10/1/2047
1,800,000
1,756,892
 
33,378,506

Hawaii 0.4%
Hawaii, State Airports Systems Revenue, Series A, AMT, 5.0%, 7/1/2041
1,490,000
1,500,985
Illinois 11.7%
Chicago, IL, Board of Education:
Series B, 4.0%, 12/1/2041
2,000,000
1,884,280
Series D, 5.0%, 12/1/2046
2,000,000
2,004,028
Series A, 6.0%, 12/1/2049
2,000,000
2,219,243
Chicago, IL, General Obligation:
Series A, 5.0%, 1/1/2044
800,000
820,274
Series A, 6.0%, 1/1/2038
405,000
424,531
Chicago, IL, Metropolitan Pier & Exposition Authority, McCormick Place Expansion
Project, Zero Coupon, 6/15/2044, INS: AGMC
2,500,000
1,012,513
Chicago, IL, O'Hare International Airport Revenue, Series A, AMT, 5.5%, 1/1/2053,
INS: AGMC
1,355,000
1,456,414
Chicago, IL, O'Hare International Airport Revenue, Senior Lien, Series D, AMT, 5.0%,
1/1/2047
6,785,000
6,861,086
Chicago, IL, Transit Authority, Sales Tax Receipts Revenue, Second Lien:
Series A, 4.0%, 12/1/2050
465,000
428,981
Series A, 5.0%, 12/1/2052
3,000,000
3,091,222
Illinois, Housing Development Authority Revenue, Series K, 5.35%, 4/1/2047
1,250,000
1,313,709
Illinois, Metropolitan Pier & Exposition Authority, Dedicated State Tax Revenue, Capital
Appreciation-McCormick, Series A, Zero Coupon, 6/15/2036, INS: NATL
3,500,000
2,166,221
Illinois, Metropolitan Pier & Exposition Authority, McCormick Place Expansion Project,
Series B, Zero Coupon, 12/15/2051
10,000,000
2,482,064
Illinois, State Finance Authority Revenue, Bradley University Project, Series A, 4.0%,
8/1/2046
3,000,000
2,753,846
Illinois, State Finance Authority Revenue, OSF Healthcare Systems, Series A, 5.0%,
11/15/2045
1,745,000
1,765,625
Illinois, State Finance Authority Revenue, University of Chicago, Series A, 5.0%,
10/1/2038
4,445,000
4,464,521
Illinois, State General Obligation:
Series C, 4.0%, 10/1/2037
2,500,000
2,510,942
Series B, 5.0%, 10/1/2033
1,970,000
2,113,442
Series A, 5.0%, 5/1/2034
3,500,000
3,721,554
Series A, 5.0%, 5/1/2043
1,000,000
1,033,179
5.5%, 5/1/2039
1,915,000
2,117,100
5.75%, 5/1/2045
735,000
807,127
 
47,451,902
Indiana 3.0%
Indiana, Finance Authority Revenue, DePauw University, Series A, 5.5%, 7/1/2052
4,000,000
4,203,973
Indiana, State Finance Authority Revenue, BHI Senior Living Obligated Group, 5.0%,
11/15/2053
2,965,000
2,906,333
Indiana, State Finance Authority, Hospital Revenue, Parkview Health System Obligated
Group, Series A, 5.0%, 11/1/2043
3,000,000
3,127,060
Indiana, State Finance Authority, Tippecanoe LLC Student Housing Project, Series A,
5.0%, 6/1/2053
575,000
594,959
Indiana, State Housing & Community Development Authority, Single Family Mortgage
Revenue, Series C-1, 5.0%, 7/1/2053
345,000
356,086
Indianapolis, IN, Local Public Improvement Bond Bank, Airport Authority Project:
Series E, 6.0%, 3/1/2053
595,000
640,563
Series E, 6.125%, 3/1/2057
300,000
323,866
 
12,152,840
Iowa 0.9%
Iowa, Higher Education Loan Authority, Des Moines University Project, 5.375%,
10/1/2052
485,000
505,258

Iowa, State Finance Authority Revenue, Lifespace Communities, Inc. Obligated Group,
Series B, 7.5%, 5/15/2053
2,000,000
2,161,076
Iowa, State Higher Education Loan Authority Revenue, Des Moines University Project,
4.0%, 10/1/2050
885,000
786,984
 
3,453,318
Kentucky 0.9%
Kentucky, State Economic Development Finance Authority, Owensboro Health, Inc.,
Obligated Group, Series A, 5.25%, 6/1/2041
800,000
816,253
Louisville & Jefferson County, KY, Metro Government Hospital Revenue, UOFL Health
Project, Series A, 5.0%, 5/15/2052
2,570,000
2,679,414
 
3,495,667
Louisiana 2.6%
Louisiana, Public Facilities Authority Revenue, Ochsner Clinic Foundation Project,
5.0%, 5/15/2047
6,000,000
6,093,447
Louisiana, Public Facilities Authority Revenue, Tulane University, Series A, 5.0%,
10/15/2052
1,155,000
1,248,401
Louisiana, State Gasoline & Fuels Tax Revenue, Series A-1, 3.65% (b), 3/1/2024,
LOC: Toronto-Dominion Bank
1,000,000
1,000,000
New Orleans, LA, Aviation Board Special Facility Revenue, Parking Facilities Corp.,
Consol Garage System:
Series A, 5.0%, 10/1/2043, INS: AGMC
1,020,000
1,065,702
Series A, 5.0%, 10/1/2048, INS: AGMC
1,140,000
1,182,631
 
10,590,181
Maryland 2.6%
Maryland, Stadium Authority Built To Learn Revenue, Series A, 4.0%, 6/1/2047
2,670,000
2,641,980
Maryland, State Economic Development Corp., Student Housing Revenue, Morgan State
University Project:
5.0%, 7/1/2056
2,550,000
2,585,022
Series A, 5.75%, 7/1/2053
575,000
629,206
Maryland, State Health & Higher Educational Facilities Authority Revenue, Adventist
Healthcare, Obligated Group, Series A, 5.5%, 1/1/2046
745,000
756,804
Maryland, State Health & Higher Educational Facilities Authority Revenue,
Broadmead Inc., Series A, 5.0%, 7/1/2048
4,000,000
4,035,306
 
10,648,318
Massachusetts 2.7%
Massachusetts, Educational Financing Authority, Issue M:
Series C, AMT, 3.0%, 7/1/2051
4,180,000
2,893,579
Series C, AMT, 4.125%, 7/1/2052
2,000,000
1,703,994
Massachusetts, General Obligation, Series B, 3.0%, 4/1/2048
3,000,000
2,397,665
Massachusetts, State Department of Transportation, Metropolitan Highway Systems
Revenue, Series A-2, 3.25% (b), 3/7/2024, LOC: TD Bank NA
200,000
200,000
Massachusetts, State Development Finance Agency Revenue, Northeastern University,
Series A, 5.25%, 3/1/2037
2,500,000
2,501,273
Massachusetts, State Educational Financing Authority, Educational Loan Revenue
Bonds, Issue M, Series B, AMT, 3.625%, 7/1/2038
1,190,000
1,115,927
 
10,812,438
Michigan 2.5%
Michigan, State Finance Authority Ltd. Obligation Revenue, Albion College:
4.0%, 12/1/2046
380,000
288,658
4.0%, 12/1/2051
400,000
289,127
Michigan, State Finance Authority Revenue, Tobacco Settlement Revenue, “1”, Series A,
4.0%, 6/1/2049
260,000
238,287

Michigan, State Finance Authority, Hospital Revenue, McLaren Health Care, Series A,
4.0%, 2/15/2047
4,000,000
3,787,970
Michigan, Strategic Fund, 75 Improvement P3 Project, AMT, 5.0%, 6/30/2048
2,200,000
2,237,108
Wayne County, MI, Airport Authority Revenue:
Series F, AMT, 5.0%, 12/1/2034
2,000,000
2,038,540
Series B, AMT, 5.5%, 12/1/2048, INS: AGMC
1,000,000
1,111,897
 
9,991,587
Minnesota 2.9%
Minnesota, Duluth Economic Development Authority Revenue, Essentia Health
Obligated Group, Series A, 5.0%, 2/15/2058
5,350,000
5,406,138
Minnesota, State Office of Higher Education Revenue, AMT, 4.0%, 11/1/2042
1,715,000
1,685,784
Rochester, MN, Health Care Facilities Revenue, Mayo Clinic, Series B, 5.0%,
11/15/2035
4,000,000
4,880,339
 
11,972,261
Missouri 1.3%
Kansas City, MO, Industrial Development Authority, International Airport Terminal
Modernization Project, Series B, AMT, 5.0%, 3/1/2055, INS: AGMC
1,540,000
1,573,741
Missouri, State Health & Educational Facilities Authority Revenue, Lutheran Senior
Services Obligated Group, Series C, 4.0%, 2/1/2048
2,000,000
1,624,136
Missouri, State Health & Educational Facilities Authority Revenue, Lutheran Senior
Services Projects, Series B, 5.0%, 2/1/2046
1,500,000
1,440,135
Missouri, State Health & Educational Facilities Authority Revenue, Medical Research,
Lutheran Senior Services:
4.0%, 2/1/2042
545,000
471,086
Series A, 5.0%, 2/1/2046
335,000
321,630
 
5,430,728
New Hampshire 0.5%
New Hampshire, Business Finance Authority Revenue, Series 2, 4.0%, 10/20/2036
2,209,878
2,112,697
New Jersey 5.6%
Camden County, NJ, Improvement Authority School Revenue, KIPP Cooper Norcross
Obligated Group, 6.0%, 6/15/2062
1,400,000
1,507,471
New Jersey, Economic Development Authority, Self Designated Social Bonds:
Series QQQ, 4.0%, 6/15/2046
115,000
113,669
Series QQQ, 4.0%, 6/15/2050
115,000
110,591
New Jersey, State Economic Development Authority Revenue, Series BBB, Prerefunded,
5.5%, 6/15/2030
2,690,000
2,887,851
New Jersey, State Economic Development Authority Revenue, The Goethals Bridge
Replacement Project, Series A, AMT, 5.125%, 7/1/2042, INS: AGMC
1,250,000
1,250,115
New Jersey, State Educational Facilities Authority Revenue, Steven Institute of
Technology, Series A, 4.0%, 7/1/2050
995,000
917,671
New Jersey, State Educational Facilities Authority Revenue, Stockton University,
Series A, 5.0%, 7/1/2041
685,000
701,281
New Jersey, State Transportation Trust Fund Authority, Series AA, 4.0%, 6/15/2045
435,000
427,105
New Jersey, State Transportation Trust Fund Authority, Transportation Program,
Series AA, 5.0%, 6/15/2046
5,600,000
5,821,557
New Jersey, State Transportation Trust Fund Authority, Transportation Systems:
Series AA, 4.0%, 6/15/2050
3,320,000
3,192,711
Series A, 5.0%, 12/15/2034
1,855,000
2,010,957
Series A, 5.0%, 12/15/2036
475,000
511,101
Series BB, 5.25%, 6/15/2050
1,145,000
1,255,290
New Jersey, State Turnpike Authority Revenue, Series B, 5.0%, 1/1/2040
65,000
68,954
New Jersey, Tobacco Settlement Financing Corp., Series A, 5.25%, 6/1/2046
1,315,000
1,363,579
South Jersey, NJ, Transportation Authority System Revenue, Series A, 5.25%, 11/1/2052
800,000
850,833
 
22,990,736

New York 9.1%
New York, Metropolitan Transportation Authority Revenue:
Series A-1, 4.0%, 11/15/2045
1,000,000
978,631
Series B, 5.0%, 11/15/2052
2,000,000
2,071,075
Series C-1, 5.25%, 11/15/2055
520,000
550,942
New York, State Dormitory Authority Revenues, Non-State Supported Debt, The New
School:
Series A, 4.0%, 7/1/2047
150,000
142,738
Series A, 4.0%, 7/1/2052
175,000
160,142
New York, State Transportation Development Corp., Special Facilities Revenue, Delta
Air Lines, Inc., LaGuardia Airport C&D Redevelopment:
Series A, AMT, 5.0%, 1/1/2031
450,000
465,255
AMT, 5.625%, 4/1/2040
1,290,000
1,401,636
New York, State Transportation Development Corp., Special Facilities Revenue, John F.
Kennedy International Airport Project:
AMT, 5.375%, 6/30/2060
2,085,000
2,188,992
AMT, 6.0%, 6/30/2054
250,000
275,367
New York, State Transportation Development Corp., Special Facilities Revenue,
Terminal 4 John F. Kennedy, International Project, AMT, 5.0%, 12/1/2041
265,000
278,063
New York, State Urban Development Corp. Revenue, Personal Income Tax, Series A,
4.0%, 3/15/2045
8,830,000
8,759,416
New York, State Urban Development Corp. Revenue, State Personal Income Tax,
Series C, 5.0%, 3/15/2047
3,500,000
3,747,128
New York, State Urban Development Corp., Income Tax, Series A, 3.0%, 3/15/2050
2,000,000
1,557,350
New York, State Urban Development Corp., State Personal Income Tax Revenue,
Series C, 3.0%, 3/15/2048
3,475,000
2,761,956
New York, TSASC, Inc., Series A, 5.0%, 6/1/2041
150,000
152,454
New York City, NY, Housing Development Corp., Series C-1, 4.25%, 11/1/2052
3,000,000
2,914,188
New York, NY, General Obligation:
Series A, 4.0%, 8/1/2040
3,500,000
3,559,744
Series B-1, 5.25%, 10/1/2047
500,000
553,007
Port Authority of New York & New Jersey:
Series 193, AMT, 5.0%, 10/15/2035
800,000
809,438
5.0%, 9/1/2036
205,000
206,203
5.0%, 9/1/2039
510,000
512,868
Series 207, AMT, 5.0%, 9/15/2048
1,875,000
1,922,851
Series 242, AMT, 5.0%, 12/1/2053
1,000,000
1,050,688
 
37,020,132
North Carolina 1.4%
North Carolina, State Education Assistance Authority Revenue, Series A, AMT, 5.0%,
6/1/2043
525,000
536,756
North Carolina, State Turnpike Authority, Triangle Expressway System, Series A, 5.0%,
1/1/2058, INS: AGMC
5,000,000
5,346,077
 
5,882,833
North Dakota 0.1%
City of Grand Forks, ND, Altru Health System Obligated Group Revenue, Series A,
5.0%, 12/1/2053, INS: AGMC
265,000
278,647
Ohio 4.5%
Buckeye, OH, Tobacco Settlement Financing Authority:
“1", Series A-2, 4.0%, 6/1/2048
4,245,000
3,951,267
“2", Series B-2, 5.0%, 6/1/2055
4,400,000
4,199,175
Chillicothe, OH, Hospital Facilities Revenue, Adena Health System Obligated Group
Project, 5.0%, 12/1/2047
1,785,000
1,806,956
Franklin County, OH, Trinity Health Corp., Obligated Group Revenue, Series A, 5.0%,
12/1/2047
2,950,000
3,019,084

Hamilton County, OH, Health Care Revenue, Life Enriching Communities Project,
Series A, 5.75%, 1/1/2053
570,000
587,440
Ohio, Akron, Bath & Copley Joint Township Hospital District Revenue, 5.25%,
11/15/2046
2,320,000
2,364,766
Ohio, Brunswick City School District, General Obligation, 4.125%, 12/1/2048,
INS: BAM
2,500,000
2,509,945
 
18,438,633
Oregon 0.8%
Oregon, Portland Airport Revenue, Series 25B, AMT, 5.0%, 7/1/2049
3,335,000
3,430,669
Pennsylvania 6.9%
Allegheny County, PA, Hospital Development Authority, Allegheny Health Network
Obligated Group, Series A, 5.0%, 4/1/2047
3,090,000
3,161,525
Pennsylvania, Certificate of Participations, Series A, 5.0%, 7/1/2043
460,000
480,359
Pennsylvania, Commonwealth Financing Authority, Series A, 5.0%, 6/1/2035
1,560,000
1,583,798
Pennsylvania, Commonwealth Financing Authority, Tobacco Master Settlement Payment
Revenue Bonds:
5.0%, 6/1/2034
750,000
805,129
5.0%, 6/1/2035
375,000
401,360
Pennsylvania, Geisinger Authority Health System Revenue, Series A-1, 5.0%, 2/15/2045
20,000
20,476
Pennsylvania, State Economic Development Financing Authority, The Penndot Major
Bridges, AMT, 6.0%, 6/30/2061
3,500,000
3,968,487
Pennsylvania, State Higher Educational Facilities Authority Revenue, University of
Pennsylvania Health System, 5.0%, 8/15/2049
5,000,000
5,263,411
Pennsylvania, State Housing Finance Agency, Single Family Mortgage Revenue,
Series 141A, 5.75%, 10/1/2053
952,593
1,011,624
Pennsylvania, State Turnpike Commission Revenue:
Series A, 5.0%, 12/1/2038
2,030,000
2,053,453
Series B-1, 5.0%, 6/1/2042
2,000,000
2,075,672
Series A, 5.0%, 12/1/2044
4,665,000
4,957,052
Philadelphia, PA, Airport Revenue, Series B, AMT, 5.0%, 7/1/2047
915,000
926,954
Philadelphia, PA, School District, Series B, 5.0%, 9/1/2043
1,500,000
1,563,831
 
28,273,131
South Carolina 2.4%
South Carolina, State Ports Authority Revenue, Series B, AMT, 4.0%, 7/1/2059
6,000,000
5,566,547
South Carolina, State Public Service Authority Revenue, Series E, 5.25%, 12/1/2055
4,000,000
4,033,090
 
9,599,637
South Dakota 0.2%
Lincon County, SD, Economic Development Revenue, Augustana College Association
Project, Series A, 4.0%, 8/1/2056
830,000
685,397
Tennessee 1.9%
Greeneville, TN, Health & Educational Facilities Board Hospital Revenue, Ballad Health
Obligation Group:
Series A, 5.0%, 7/1/2036
1,040,000
1,092,083
Series A, 5.0%, 7/1/2044
1,600,000
1,656,464
Knox, TN, Health Educational & Housing Facility Board Revenue, Provident Group -
UTK Properties LLC:
Series A-1, 5.5%, 7/1/2054, INS: BAM
955,000
1,049,540
Series A-1, 5.5%, 7/1/2059, INS: BAM
1,145,000
1,250,957

Nashville & Davidson County, TN, Metropolitan Government Health & Education
Facilities Board Revenue, Blakeford At Green Hills Corp.:
Series A, 4.0%, 11/1/2045
125,000
95,406
Series A, 4.0%, 11/1/2055
1,625,000
1,147,208
Tennessee, State Energy Acquisition Corporation Revenue, Series A, 5.0% (a), 5/1/2052,
GTY: Goldman Sachs Group, Inc.
1,350,000
1,429,094
 
7,720,752
Texas 21.8%
Central Texas, Regional Mobility Authority Revenue, Senior Lien:
Series A, Prerefunded, 5.0%, 1/1/2040
1,155,000
1,183,806
Series E, 5.0%, 1/1/2045
300,000
315,506
Clifton, TX, Higher Education Finance Corp., Idea Public Schools, Series T, 4.0%,
8/15/2042
400,000
401,120
Conroe, TX, Independent School District, General Obligation, 4.0%, 2/15/2049
4,350,000
4,224,499
Dallas, TX, Kay Bailey Hutchison Convention Center Project, Senior Lien, Special Tax,
144A, 6.0% (a), 8/15/2053
2,415,000
2,448,120
Dickinson, TX, Independent School District, 4.25%, 2/15/2053
2,500,000
2,504,728
Houston, TX, Airport System Revenue:
Series A, AMT, 4.5%, 7/1/2053, INS: AGMC
5,000,000
5,001,565
Series A, AMT, 5.0%, 7/1/2041
2,250,000
2,332,440
Judson, TX, Independent School District, General Obligation, 4.0%, 2/1/2053
5,000,000
4,871,753
Klein, TX, Klein Independent School District, 4.0%, 8/1/2047
3,500,000
3,487,028
Newark, TX, Higher Education Finance Corp., Texas Revenue, Abilene Christian
University Project, Series A, 4.0%, 4/1/2057
2,050,000
1,799,145
North Texas, Tollway Authority Revenue:
5.0%, 1/1/2048
4,710,000
4,887,288
5.0%, 1/1/2050
1,435,000
1,485,757
San Antonio, TX, Education Facilities Corp. Revenue, University of the Incarnate Word
Project:
Series A, 4.0%, 4/1/2046
1,520,000
1,310,872
Series A, 4.0%, 4/1/2051
3,000,000
2,487,824
Series A, 4.0%, 4/1/2054
790,000
645,063
San Antonio, TX, Education Facilities Corp., Higher Education Revenue, Hallmark
University Project, Series A, 5.0%, 10/1/2051
1,000,000
794,793
Tarrant County, TX, Cultural Education Facilities Finance Corp. Revenue, Christus
Health Obligated Group, Series B, 5.0%, 7/1/2048
5,000,000
5,160,409
Temple, TX, Tax Increment, Reinvestment Zone No. 1:
Series A, 4.0%, 8/1/2039, INS: BAM
165,000
167,351
Series A, 4.0%, 8/1/2041, INS: BAM
200,000
200,517
Texas, Grand Parkway Transportation Corp. Revenue, Series C, 4.0%, 10/1/2045
3,465,000
3,400,382
Texas, Lower Colorado River Authority, LCRA Transmission Services Corp., Project,
5.0%, 5/15/2048
6,250,000
6,510,562
Texas, New Hope Cultural Education Facilities Finance Corp., Retirement Facilities
Revenue, Westminster Project, 4.0%, 11/1/2049
735,000
642,837
Texas, Pasadena Independent School District, 4.25%, 2/15/2053
5,000,000
5,009,455
Texas, Private Activity Bond, Surface Transportation Corp. Revenue, North Tarrant
Express, AMT, 5.5%, 12/31/2058
1,720,000
1,893,306