{"entity_type":"fund","name":"Franklin California Intermediate-Term Tax-Free Income Fund","identifiers":{"lei":"549300OHN3DQ0DETNI18","cik":"773478","fund_id":"S000006719","fundkey":"franklin-california-intermediate-term-tax-free-income-fund"},"dates":{"reporting_period_start":"2025-12-31","reporting_period_end":"2026-06-30","filing_date":"2026-02-25"},"summary":{"total_positions":477,"total_value_usd":1403998315.67,"asset_categories":["DBT","STIV","EC"],"by_asset_category":{"DBT":{"positions":469,"total_value_usd":1355354815.54},"STIV":{"positions":7,"total_value_usd":48580000},"EC":{"positions":1,"total_value_usd":63500.13}}},"holdings":[{"issuer_name":"California Community Choice Financing Authority","title":"California Community Choice Financing Authority, Series 2024 B","isin":"US13013JEA07","value_usd":37005691.93,"pct_val":2.651988629905,"balance":35485000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California State Public Works Board","title":"California State Public Works Board, Series 2025 A","isin":"US13068XPW38","value_usd":32291222.3,"pct_val":2.314129257394,"balance":30500000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Los Angeles Department of Water & Power","title":"Los Angeles Department of Water & Power, Series 2017 B","isin":"US5444952K98","value_usd":23812902.08,"pct_val":1.706536002101,"balance":23350000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Foothill-Eastern Transportation Corridor Agency","title":"Foothill-Eastern Transportation Corridor Agency, Series 2013 A","isin":"US345105HM59","value_usd":21594900.42,"pct_val":1.547584368537,"balance":19895000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California Community Choice Financing Authority","title":"California Community Choice Financing Authority, Series 2022 A-1","isin":"US13013JBJ43","value_usd":20327230,"pct_val":1.456737599703,"balance":20000000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"San Joaquin Hills Transportation Corridor Agency","title":"San Joaquin Hills Transportation Corridor Agency, Series 1997 A","isin":"US798111DA59","value_usd":18988681.7,"pct_val":1.360811414107,"balance":19000000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"State of California","title":"State of California","isin":"US13063D2C10","value_usd":17445811.61,"pct_val":1.250242641502,"balance":15540000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California Educational Facilities Authority","title":"California Educational Facilities Authority, Series 2025 A","isin":"US130179YE89","value_usd":16952366.48,"pct_val":1.214880220048,"balance":15975000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California Community Choice Financing Authority","title":"California Community Choice Financing Authority, Series 2025 G","isin":"US13013JHJ88","value_usd":16472244,"pct_val":1.180472557563,"balance":15000000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"State of California","title":"State of California","isin":"US13063D7E21","value_usd":16344885,"pct_val":1.171345458398,"balance":15000000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California Community Choice Financing Authority","title":"California Community Choice Financing Authority, Series 2024 D","isin":"US13013JFD37","value_usd":16291321.5,"pct_val":1.167506865318,"balance":15000000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Jurupa Unified School District","title":"Jurupa Unified School District, Series 2019 C","isin":"US482124SJ42","value_usd":15276698.48,"pct_val":1.094794572361,"balance":14675000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California Statewide Communities Development Authority","title":"California Statewide Communities Development Authority, Series 2025 A","isin":"US13080S2T05","value_usd":15105988.38,"pct_val":1.082560745061,"balance":14425000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California Municipal Finance Authority","title":"California Municipal Finance Authority, Series 2022 A-1","isin":"US130483EX40","value_usd":14802019.5,"pct_val":1.060777014733,"balance":15000000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Irvine Ranch Water District","title":"Irvine Ranch Water District, Series 2009 B","isin":"US4636324K26","value_usd":14380000,"pct_val":1.030533264184,"balance":14380000,"units":"PA","currency":"USD","asset_cat":"STIV","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Metropolitan Water District of Southern California","title":"Metropolitan Water District of Southern California, Series 2020 C","isin":"US59266TSP74","value_usd":13730492.5,"pct_val":0.983986735388,"balance":12500000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California Community Choice Financing Authority","title":"California Community Choice Financing Authority, Series 2021 A","isin":"US13013JAX46","value_usd":13328970.6,"pct_val":0.955211931894,"balance":13200000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California Community Choice Financing Authority","title":"California Community Choice Financing Authority, Series 2025 C","isin":"US13013JHD19","value_usd":13276295,"pct_val":0.951436969584,"balance":12500000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Los Angeles Unified School District/CA","title":"Los Angeles Unified School District, Series 2024 A","isin":"US544647HH67","value_usd":13184311.4,"pct_val":0.944845025248,"balance":13000000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California Educational Facilities Authority","title":"California Educational Facilities Authority, Series V-1","isin":"US130179SD70","value_usd":11751266.84,"pct_val":0.842146827185,"balance":10350000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Align Affordable Housing Bond Fund LP","title":"Align Affordable Housing Bond Fund LP, Series 2020-3 TR, Class A","isin":"US01630AAA16","value_usd":11700845.13,"pct_val":0.838533388424,"balance":11700335,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Los Angeles Department of Water","title":"Los Angeles Department of Water & Power, Series 2020 C","isin":"US544525ZZ45","value_usd":11248198.43,"pct_val":0.806094759684,"balance":10535000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"City of Los Angeles Department of Airports","title":"City of Los Angeles, Series 2022 G","isin":"US544445B815","value_usd":11131132.66,"pct_val":0.797705318093,"balance":9960000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California Educational Facilities Authority","title":"California Educational Facilities Authority, Series U-7","isin":"US130179GV07","value_usd":10914508.06,"pct_val":0.782181058278,"balance":9485000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"State of California","title":"State of California","isin":"US13063ENB82","value_usd":10894359,"pct_val":0.780737089114,"balance":10000000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California Municipal Finance Authority","title":"California Municipal Finance Authority, Series 2018 A","isin":"US13048VBV99","value_usd":10801525.28,"pct_val":0.774084221486,"balance":10570000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Align Affordable Housing Bond Fund LP","title":"Align Affordable Housing Bond Fund LP, Series 2021-1","isin":"US01630AAB98","value_usd":10658475,"pct_val":0.763832617036,"balance":11250000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"CSCDA Community Improvement Authority","title":"CSCDA Community Improvement Authority, Series 2022 B","isin":"US126292CQ24","value_usd":10503561.99,"pct_val":0.752730877824,"balance":10300000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Southern California Public Power Authority","title":"Southern California Public Power Authority, Series 2025-1","isin":"US842469DK10","value_usd":10464225,"pct_val":0.749911818248,"balance":10000000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Los Angeles Department of Water","title":"Los Angeles Department of Water & Power, Series 2016 A","isin":"US544525UJ57","value_usd":10450000,"pct_val":0.748892392957,"balance":10450000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California Municipal Finance Authority","title":"California Municipal Finance Authority, Series 2025 A","isin":"US130483JZ43","value_usd":10152390,"pct_val":0.727564367592,"balance":10000000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Capital Trust Authority","title":"Capital Trust Authority, Series 2024","isin":"US14054XAA19","value_usd":9933190.02,"pct_val":0.711855544859,"balance":11700000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Riverside County Transportation Commission Sales Tax Revenue","title":"Riverside County Transportation Commission, Series 2017 B","isin":"US769125GW97","value_usd":9911846.1,"pct_val":0.710325946838,"balance":9750000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Maricopa County Industrial Development Authority","title":"Maricopa County Industrial Development Authority, Series 2024","isin":"US56681NJD03","value_usd":9801975.08,"pct_val":0.702452112284,"balance":9340000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Golden State Tobacco Securitization Corp.","title":"Golden State Tobacco Securitization Corp., Series 2018 A-1","isin":"US38122NZS43","value_usd":9589455,"pct_val":0.687222000201,"balance":9000000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"San Rafael City Elementary School District","title":"San Rafael City Elementary School District, Series 2022 B","isin":"US799306RW76","value_usd":9311607,"pct_val":0.667310205599,"balance":10000000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"University of California","title":"University of California, Series 2013 AL-1","isin":"US91412GSJ57","value_usd":9300000,"pct_val":0.66647839756,"balance":9300000,"units":"PA","currency":"USD","asset_cat":"STIV","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California Community Choice Financing Authority","title":"California Community Choice Financing Authority, Series 2021 B-1","isin":"US13013JAP12","value_usd":9283979.79,"pct_val":0.665330319722,"balance":9150000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"San Francisco City & County Public Utilities Commission Wastewater Revenue","title":"San Francisco City & County Public Utilities Commission, Series 2018 A","isin":"US79768HET14","value_usd":9224412.69,"pct_val":0.661061482587,"balance":9220000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California Statewide Communities Development Authority","title":"California Statewide Communities Development Authority, Series 2016","isin":"US13080SPP38","value_usd":9134566.2,"pct_val":0.654622692837,"balance":9000000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California Infrastructure & Economic Development Bank","title":"California Infrastructure & Economic Development Bank, Series 2020 A","isin":"US13034AE717","value_usd":8249989.57,"pct_val":0.591230089086,"balance":7260000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"San Diego County Regional Airport Authority","title":"San Diego County Regional Airport Authority, Series 2019 A","isin":"US79739GKZ80","value_usd":8117044.5,"pct_val":0.58170266788,"balance":7500000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"CSCDA Community Improvement Authority","title":"CSCDA Community Improvement Authority, Series 2021 A-1","isin":"US126292BF77","value_usd":8107314.25,"pct_val":0.581005355898,"balance":9500000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California Health Facilities Financing Authority","title":"California Health Facilities Financing Authority, Series 2024 A","isin":"US13032US826","value_usd":8064597.62,"pct_val":0.577944096639,"balance":7835000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"City of Los Angeles Department of Airports","title":"City of Los Angeles, Series 2020 A","isin":"US544445PP87","value_usd":8010635.76,"pct_val":0.574076955351,"balance":7380000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California Housing Finance Agency","title":"California Housing Finance Agency, Series 2019 N","isin":"US13034CAA45","value_usd":7965003.9,"pct_val":0.570806778046,"balance":8910627.2879,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Los Angeles Department of Water & Power","title":"Los Angeles Department of Water & Power, Series 2023 F-1","isin":"US544532HU19","value_usd":7900000,"pct_val":0.590909590494,"balance":7900000,"units":"PA","currency":"USD","asset_cat":"STIV","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California Health Facilities Financing Authority","title":"California Health Facilities Financing Authority, Series 2017 A-2","isin":"US13032UMP02","value_usd":7868156.8,"pct_val":0.563866294174,"balance":7000000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"City of Riverside CA Water Revenue","title":"City of Riverside, Series 2019 A","isin":"US769076VC18","value_usd":7816893.78,"pct_val":0.560192563483,"balance":7295000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California Municipal Finance Authority","title":"California Municipal Finance Authority, Series 2021 A","isin":"US130483ES54","value_usd":7788412.94,"pct_val":0.558151502773,"balance":8125000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Los Angeles County Metropolitan Transportation Authority Sales Tax Revenue","title":"Los Angeles County Metropolitan Transportation Authority, Series 2017 A","isin":"US54466HFB78","value_usd":7763132.13,"pct_val":0.556339770113,"balance":7520000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California Municipal Finance Authority","title":"California Municipal Finance Authority, Series 2018 A","isin":"US13048VBX55","value_usd":7754506.48,"pct_val":0.555721618565,"balance":7600000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Desert Sands Unified School District","title":"Desert Sands Unified School District, Series 2025","isin":"US250433WR68","value_usd":7690288.8,"pct_val":0.551119500666,"balance":8000000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"State of California","title":"State of California, Series 2017","isin":"US13063DAT54","value_usd":7581682.38,"pct_val":0.543336292842,"balance":7230000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California Municipal Finance Authority","title":"California Municipal Finance Authority, Series 2017 A","isin":"US13048TR479","value_usd":7559137.46,"pct_val":0.541720625944,"balance":7440000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"San Diego County Regional Airport Authority","title":"San Diego County Regional Airport Authority, Series 2023 B","isin":"US79739GRF53","value_usd":7549605.7,"pct_val":0.541037538618,"balance":7000000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"University of California","title":"University of California, Series 2013 AL-4","isin":"US91412GSK21","value_usd":7500000,"pct_val":0.560990117557,"balance":7500000,"units":"PA","currency":"USD","asset_cat":"STIV","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"San Diego Community College District","title":"San Diego Community College District, Series 2024 A-1","isin":"US797272TE13","value_usd":7445215.4,"pct_val":0.533556476267,"balance":7000000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"San Diego County Regional Airport Authority","title":"San Diego County Regional Airport Authority, Series 2019 A","isin":"US79739GLD69","value_usd":6922935.5,"pct_val":0.496127629941,"balance":6500000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Mid-Peninsula Water District","title":"Mid-Peninsula Water District, Series 2025","isin":"US59541PBT21","value_usd":6857442.95,"pct_val":0.49143414932,"balance":7060000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California Municipal Finance Authority","title":"California Municipal Finance Authority, Series 2025 A","isin":"US130483JL56","value_usd":6722987.7,"pct_val":0.481798502055,"balance":6500000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California Municipal Finance Authority","title":"California Municipal Finance Authority, Series 2015","isin":"US13048TYQ02","value_usd":6631731.66,"pct_val":0.475258697828,"balance":6625000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Foothill-Eastern Transportation Corridor Agency","title":"Foothill-Eastern Transportation Corridor Agency, Series 2013 A","isin":"US345105HE34","value_usd":6603482.12,"pct_val":0.473234213081,"balance":6395000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Mt. San Antonio Community College District","title":"Mt. San Antonio Community College District, Series 2013 A","isin":"US623040FV90","value_usd":6409994.4,"pct_val":0.459368042589,"balance":6000000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California Municipal Finance Authority","title":"California Municipal Finance Authority, Series 2017 A","isin":"US13048TQ893","value_usd":6386021.96,"pct_val":0.457650073407,"balance":6270000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"State of California","title":"State of California","isin":"US13063DQR25","value_usd":6315811.78,"pct_val":0.452618506927,"balance":5780000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"City of Los Angeles Department of Airports","title":"City of Los Angeles, Series 2019 F","isin":"US544445NR61","value_usd":5981209.84,"pct_val":0.428639478455,"balance":5715000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"City of Los Angeles Department of Airports","title":"City of Los Angeles, Series 2018 C","isin":"US544445FX22","value_usd":5973502.36,"pct_val":0.428087126958,"balance":5800000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California Statewide Communities Development Authority","title":"California Statewide Communities Development Authority, Series 2025 A","isin":"US13078YWJ09","value_usd":5929919.49,"pct_val":0.424963789178,"balance":5745000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"City of Los Angeles Department of Airports","title":"City of Los Angeles, Series 2020 A","isin":"US544445PS27","value_usd":5875049.87,"pct_val":0.421031593865,"balance":5485000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Mid-Peninsula Water District","title":"Mid-Peninsula Water District, Series 2025","isin":"US59541PBS48","value_usd":5739639.32,"pct_val":0.411327485652,"balance":5965000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California Municipal Finance Authority","title":"California Municipal Finance Authority, Series 2018 A","isin":"US13048VCC00","value_usd":5636010.05,"pct_val":0.403900962017,"balance":5500000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"State of California","title":"State of California","isin":"US13063DWQ77","value_usd":5503048.5,"pct_val":0.394372359782,"balance":5000000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"San Diego County Regional Airport Authority","title":"San Diego County Regional Airport Authority, Series 2023 B","isin":"US79739GRE88","value_usd":5451141,"pct_val":0.390652442855,"balance":5000000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"CSCDA Community Improvement Authority","title":"CSCDA Community Improvement Authority, Series 2021 A-1","isin":"US126292AG69","value_usd":5359736.25,"pct_val":0.384101981424,"balance":7500000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"San Francisco City & County Airport Comm-San Francisco International Airport","title":"San Francisco City & County Airport Comm-San Francisco International Airport, Series 2024 A","isin":"US79766DWW54","value_usd":5319954.5,"pct_val":0.381251048414,"balance":5000000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Riverside County Transportation Commission Sales Tax Revenue","title":"Riverside County Transportation Commission, Series 2017 B","isin":"US769125GZ29","value_usd":5206641.5,"pct_val":0.373130546622,"balance":5000000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Los Angeles Unified School District","title":"Los Angeles Unified School District, Series 2020 RYQ","isin":"US544647BU33","value_usd":5167814.5,"pct_val":0.370348035145,"balance":5000000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California Municipal Finance Authority","title":"California Municipal Finance Authority, Series 2017 A","isin":"US13048TR545","value_usd":5075644,"pct_val":0.363742696742,"balance":5000000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California Municipal Finance Authority","title":"California Municipal Finance Authority, Series 2022 A-1","isin":"US130483EV83","value_usd":4878610.84,"pct_val":0.349622444619,"balance":5800000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California Housing Finance Agency","title":"California Housing Finance Agency, Series 2019-2, Class A","isin":"US13033DAC92","value_usd":4812154.18,"pct_val":0.344859871688,"balance":4694289.0364,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California Municipal Finance Authority","title":"California Municipal Finance Authority, Series 2017 A","isin":"US13048TQ976","value_usd":4762878.12,"pct_val":0.341328535182,"balance":4680000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Carlsbad Unified School District","title":"Carlsbad Unified School District, Series 2018 C","isin":"US142665HT89","value_usd":4740637,"pct_val":0.339734639911,"balance":5000000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"RMA Capital Series Trust","title":"RMA Capital Series Trust, Series 2022-1, Class A","isin":"US74970BAA44","value_usd":4700351.55,"pct_val":0.336847609571,"balance":5000000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"City of Los Angeles Department of Airports","title":"City of Los Angeles, Series 2019 F","isin":"US544445NS45","value_usd":4699129.95,"pct_val":0.336760064409,"balance":4500000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"University of California","title":"University of California, Series 2025 CC","isin":"US91412HVZ36","value_usd":4690012.5,"pct_val":0.336106668337,"balance":5000000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Los Angeles Department of Water & Power Water System Revenue","title":"Los Angeles Department of Water & Power, Series 2018 B","isin":"US544525YG72","value_usd":4682717.55,"pct_val":0.335583880532,"balance":4500000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California Municipal Finance Authority","title":"California Municipal Finance Authority, Series 2017 A","isin":"US13048TP234","value_usd":4635214.12,"pct_val":0.332179578392,"balance":4620000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Southern California Public Power Authority","title":"Southern California Public Power Authority, Series 2024 A","isin":"US84247PND95","value_usd":4627761.92,"pct_val":0.331645521369,"balance":4355000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Compton Community Redevelopment Agency Successor Agency","title":"Compton Community Redevelopment Agency, Series 2022 A","isin":"US204713AJ05","value_usd":4549217.84,"pct_val":0.326016711414,"balance":4090000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"San Mateo County Community College District","title":"San Mateo County Community College District, Series 2005 A","isin":"US799038DM38","value_usd":4424727.5,"pct_val":0.317095192886,"balance":5000000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Los Angeles Department of Water & Power","title":"Los Angeles Department of Water & Power, Series 2023 F-2","isin":"US544532HW74","value_usd":4400000,"pct_val":0.3291142023,"balance":4400000,"units":"PA","currency":"USD","asset_cat":"STIV","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Cerritos Community College District","title":"Cerritos Community College District, Series 2012 D","isin":"US156792FL28","value_usd":4364549.58,"pct_val":0.312782581736,"balance":6130000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California Educational Facilities Authority","title":"California Educational Facilities Authority, Series 2023 A","isin":"US130179VH48","value_usd":4363211.21,"pct_val":0.312686668328,"balance":4450000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California Pollution Control Financing Authority","title":"California Pollution Control Financing Authority, Series 2023","isin":"US13054WAT45","value_usd":4315101.41,"pct_val":0.30923891108,"balance":4170000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California Municipal Finance Authority","title":"California Municipal Finance Authority, Series 2023 A","isin":"US13051CAA27","value_usd":4209603.55,"pct_val":0.301678476168,"balance":3960000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"San Francisco City & County Airport Comm-San Francisco International Airport","title":"San Francisco City & County Airport Comm-San Francisco International Airport, Series 2019 A","isin":"US79766DLW73","value_usd":4199876,"pct_val":0.30098135768,"balance":4000000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Imperial Irrigation District Electric System Revenue","title":"Imperial Irrigation District, Series 2019","isin":"US452650LG70","value_usd":4160870.35,"pct_val":0.298186043368,"balance":3885000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"San Diego County Regional Airport Authority","title":"San Diego County Regional Airport Authority, Series 2019 A","isin":"US79739GLE43","value_usd":4153674.4,"pct_val":0.297670350333,"balance":4000000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"State of California","title":"State of California","isin":"US13063DNF14","value_usd":4038532.88,"pct_val":0.289418808855,"balance":3725000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California Pollution Control Financing Authority","title":"California Pollution Control Financing Authority, Series 2019","isin":"US13054WAN74","value_usd":3994485.24,"pct_val":0.286262163638,"balance":3875000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California Statewide Communities Development Authority","title":"California Statewide Communities Development Authority, Series 2023 C-1","isin":"US13078YUS26","value_usd":3929135.83,"pct_val":0.281578941051,"balance":3835000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California Municipal Finance Authority","title":"California Municipal Finance Authority, Series 2019","isin":"US13049YDL20","value_usd":3870417.14,"pct_val":0.277370904662,"balance":3635000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California Statewide Communities Development Authority","title":"California Statewide Communities Development Authority, Series 2025 C-1","isin":"US13078YXR16","value_usd":3765666.92,"pct_val":0.26986404888,"balance":3665000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Foothill-Eastern Transportation Corridor Agency","title":"Foothill-Eastern Transportation Corridor Agency, Series 2013 A","isin":"US345105HD50","value_usd":3764035.98,"pct_val":0.269747168635,"balance":3760000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California Health Facilities Financing Authority","title":"California Health Facilities Financing Authority, Series 2016 A","isin":"US13032UJD19","value_usd":3556058.8,"pct_val":0.2548426205,"balance":3500000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California Municipal Finance Authority","title":"California Municipal Finance Authority, Series 2025 A","isin":"US130483KQ25","value_usd":3506405,"pct_val":0.251284213505,"balance":3500000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California Municipal Finance Authority","title":"California Municipal Finance Authority, Series 2025","isin":"US130491AS25","value_usd":3473525.67,"pct_val":0.248927937895,"balance":3395000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"City of Los Angeles Department of Airports","title":"City of Los Angeles, Series 2018 B","isin":"US544445FC84","value_usd":3472876.72,"pct_val":0.248881431319,"balance":3325000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California Municipal Finance Authority","title":"California Municipal Finance Authority, Series 2017 A","isin":"US13048TR396","value_usd":3355548.57,"pct_val":0.240473186437,"balance":3300000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Compton Community Redevelopment Agency Successor Agency","title":"Compton Community Redevelopment Agency, Series 2022 A","isin":"US204713AK77","value_usd":3314166.56,"pct_val":0.237507571844,"balance":3115000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Dublin Unified School District","title":"Dublin Unified School District, Series 2016","isin":"US26362VLA43","value_usd":3266748.6,"pct_val":0.234109394856,"balance":3220000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California Community College Financing Authority","title":"California Community College Financing Authority, Series 2018","isin":"US13012RAQ20","value_usd":3145906.61,"pct_val":0.225449332936,"balance":3040000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California Municipal Finance Authority","title":"California Municipal Finance Authority, Series 2019 A","isin":"US13048VGG77","value_usd":3109319.22,"pct_val":0.222827321639,"balance":2945000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"San Francisco City & County Airport Comm-San Francisco International Airport","title":"San Francisco City & County Airport Comm-San Francisco International Airport, Series 2019 H","isin":"US79766DSP59","value_usd":3086065.95,"pct_val":0.221160891303,"balance":2895000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California Municipal Finance Authority","title":"California Municipal Finance Authority, Series 2018 A","isin":"US13048VBU17","value_usd":3081693.9,"pct_val":0.220847571209,"balance":3000000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Los Angeles Department of Water & Power","title":"Los Angeles Department of Water & Power, Series 2020 B","isin":"US544532BK90","value_usd":3053616.28,"pct_val":0.218835406995,"balance":2860000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Los Angeles Department of Water & Power","title":"Los Angeles Department of Water & Power, Series 2024 D","isin":"US544532NG50","value_usd":3026053.43,"pct_val":0.216860133436,"balance":2900000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Escondido Union High School District","title":"Escondido Union High School District, Series 2009","isin":"US296353LG89","value_usd":3001935.59,"pct_val":0.215131744258,"balance":4225000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Anaheim Housing & Public Improvements Authority","title":"Anaheim Housing & Public Improvements Authority, Series 2024 A","isin":"US032556NJ70","value_usd":3000000,"pct_val":0.214993031471,"balance":3000000,"units":"PA","currency":"USD","asset_cat":"STIV","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California Municipal Finance Authority","title":"California Municipal Finance Authority, Series 2018 A","isin":"US13048VBW72","value_usd":2989718.97,"pct_val":0.214256248202,"balance":2930000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California Community Housing Agency","title":"California Community Housing Agency, Series 2021 A-2","isin":"US13013FAS39","value_usd":2955241.18,"pct_val":0.211785420005,"balance":3215000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California Infrastructure & Economic Development Bank","title":"California Infrastructure & Economic Development Bank, Series 2015 A","isin":"US13034AGH77","value_usd":2915000,"pct_val":0.218038159024,"balance":2915000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Sacramento Municipal Utility District","title":"Sacramento Municipal Utility District, Series 2019 G","isin":"US786005A816","value_usd":2897357.31,"pct_val":0.207637210443,"balance":2695000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"City of Los Angeles Department of Airports","title":"City of Los Angeles, Series 2017 A","isin":"US544445CR80","value_usd":2887917.23,"pct_val":0.206960693305,"balance":2815000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California Municipal Finance Authority","title":"California Municipal Finance Authority, Series 2022 A-2","isin":"US130483EW66","value_usd":2880840.42,"pct_val":0.20645353836,"balance":3105000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Perris Joint Powers Authority","title":"Perris Joint Powers Authority, Series 2025","isin":"US714376VC11","value_usd":2877865.07,"pct_val":0.206240311854,"balance":2825000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Irvine Unified School District","title":"Irvine Unified School District, Series 2020 A","isin":"US463612NQ05","value_usd":2874123.79,"pct_val":0.205972195478,"balance":2890000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"San Juan Unified School District","title":"San Juan Unified School District, Series 2020","isin":"US798306XW13","value_usd":2847426.86,"pct_val":0.204058977507,"balance":2765000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Oro Grande Elementary School District","title":"Oro Grande Elementary School District, Series 2020","isin":"US686865AU04","value_usd":2843754.72,"pct_val":0.203795816004,"balance":2805000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California Municipal Finance Authority","title":"California Municipal Finance Authority, Series 2016 A","isin":"US13049RAR75","value_usd":2843637.5,"pct_val":0.203787415509,"balance":2750000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"City of Los Angeles Department of Airports","title":"City of Los Angeles, Series 2019 D","isin":"US544445LS62","value_usd":2832893.02,"pct_val":0.203017419401,"balance":2685000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Guam Government Waterworks Authority","title":"Guam Government Waterworks Authority, Series 2020 A","isin":"US40065FDF80","value_usd":2827591.16,"pct_val":0.202637465083,"balance":2810000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"GU","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"City of Los Angeles Department of Airports","title":"City of Los Angeles, Series 2022 C","isin":"US544445YC73","value_usd":2807348.88,"pct_val":0.201186815369,"balance":2800000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"San Diego County Regional Airport Authority","title":"San Diego County Regional Airport Authority, Series 2023 B","isin":"US79739GRD06","value_usd":2784065.25,"pct_val":0.199518209303,"balance":2500000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Oro Grande Elementary School District","title":"Oro Grande Elementary School District, Series 2020","isin":"US686865AT31","value_usd":2743532.91,"pct_val":0.196613485753,"balance":2700000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Irvine Unified School District","title":"Irvine Unified School District, Series 2020 A","isin":"US463612NN73","value_usd":2720727.01,"pct_val":0.194979115895,"balance":2695000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California Pollution Control Financing Authority","title":"California Pollution Control Financing Authority, Series 2023","isin":"US13054WAR88","value_usd":2696894.45,"pct_val":0.193271171121,"balance":2680000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Romoland School District","title":"Romoland School District, Series 2015","isin":"US776192NU69","value_usd":2693229.08,"pct_val":0.193008494785,"balance":2690000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Irvine Unified School District","title":"Irvine Unified School District, Series 2020 A","isin":"US463612NM90","value_usd":2661895.16,"pct_val":0.190762969968,"balance":2625000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Oro Grande Elementary School District","title":"Oro Grande Elementary School District, Series 2020","isin":"US686865AS57","value_usd":2641799.01,"pct_val":0.189322792565,"balance":2595000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"West Basin Municipal Water District","title":"West Basin Municipal Water District, Series 2016 A","isin":"US951254CR04","value_usd":2633272.25,"pct_val":0.188711727905,"balance":2630000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Los Angeles Department of Water","title":"Los Angeles Department of Water & Power, Series 2018 B","isin":"US544525YC68","value_usd":2622040,"pct_val":0.187906776079,"balance":2500000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"City of Los Angeles Department of Airports","title":"City of Los Angeles, Series 2019 D","isin":"US544445LX57","value_usd":2606729,"pct_val":0.186809523311,"balance":2500000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California Health Facilities Financing Authority","title":"California Health Facilities Financing Authority, Series 2017 A","isin":"US13032UND62","value_usd":2561686.73,"pct_val":0.183581598587,"balance":2530000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California Health Facilities Financing Authority","title":"California Health Facilities Financing Authority, Series 2017","isin":"US13032ULY28","value_usd":2528616.53,"pct_val":0.181211644404,"balance":2460000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"El Dorado Irrigation District","title":"El Dorado Irrigation District, Series 2016 C","isin":"US283062CB10","value_usd":2511016.5,"pct_val":0.179950349802,"balance":2500000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Romoland School District","title":"Romoland School District, Series 2015","isin":"US776192NT96","value_usd":2497987.51,"pct_val":0.179016635783,"balance":2495000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"San Diego County Regional Airport Authority","title":"San Diego County Regional Airport Authority, Series 2021 B","isin":"US79739GNG72","value_usd":2469965.53,"pct_val":0.177008458974,"balance":2260000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Los Angeles Department of Water & Power","title":"Los Angeles Department of Water & Power, Series 2024 C","isin":"US544532MT80","value_usd":2412218.84,"pct_val":0.172870080327,"balance":2300000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"East Whittier City School District","title":"East Whittier City School District, Series 2024 A","isin":"US275875QV70","value_usd":2386101,"pct_val":0.170998362462,"balance":2500000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Menifee Union School District","title":"Menifee Union School District, Series 2025 A","isin":"US586807LK30","value_usd":2378296,"pct_val":0.170439022258,"balance":2500000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"San Francisco Bay Area Rapid Transit District","title":"San Francisco Bay Area Rapid Transit District, Series 2020 C-1","isin":"US797661ZK40","value_usd":2370751.2,"pct_val":0.169898329117,"balance":2250000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Orange Unified School District","title":"Orange Unified School District, Series 2022","isin":"US684133MG33","value_usd":2354229.79,"pct_val":0.16871433311,"balance":2130000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Temecula Public Financing Authority","title":"Temecula Public Financing Authority, Series 2025","isin":"US87972YJF43","value_usd":2354160.86,"pct_val":0.168709393287,"balance":2300000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"City of Sacramento CA Transient Occupancy Tax Revenue","title":"City of Sacramento, Series 2018 A","isin":"US786073AT37","value_usd":2353686.75,"pct_val":0.168675416505,"balance":2250000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California Municipal Finance Authority","title":"California Municipal Finance Authority, Series 2017 A","isin":"US13048TR701","value_usd":2325999.71,"pct_val":0.166691242951,"balance":2295000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"City of Los Angeles Department of Airports","title":"City of Los Angeles, Series 2020 A","isin":"US544445PM56","value_usd":2314201.91,"pct_val":0.165845761355,"balance":2115000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Romoland School District","title":"Romoland School District, Series 2015","isin":"US776192NQ57","value_usd":2312811.96,"pct_val":0.165746151501,"balance":2310000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Port of Oakland","title":"Port of Oakland, Series 2017 D","isin":"US735000VD01","value_usd":2277820.86,"pct_val":0.163238537279,"balance":2195000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Poway Unified School District Public Financing Authority","title":"Poway Unified School District Public Financing Authority, Series 2017 A","isin":"US73885QKE88","value_usd":2254583.16,"pct_val":0.161573222757,"balance":2225000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"University of California","title":"University of California, Series 2024 BS","isin":"US91412HQX43","value_usd":2186308.2,"pct_val":0.156680342549,"balance":2000000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Chino Community Facilities District","title":"Chino Community Facilities District, Series 2025","isin":"US169511YK29","value_usd":2183355.48,"pct_val":0.156468737808,"balance":2125000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California Health Facilities Financing Authority","title":"California Health Facilities Financing Authority, Series 2017","isin":"US13032ULX45","value_usd":2158368.66,"pct_val":0.154678073748,"balance":2100000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Irvine Unified School District","title":"Irvine Unified School District, Series 2020 A","isin":"US463612NJ61","value_usd":2145752.63,"pct_val":0.153773954236,"balance":2095000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Romoland School District","title":"Romoland School District, Series 2015","isin":"US776192NP74","value_usd":2132615.85,"pct_val":0.152832515518,"balance":2130000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Los Angeles County Metropolitan Transportation Authority Sales Tax Revenue","title":"Los Angeles County Metropolitan Transportation Authority, Series 2021 A","isin":"US54466HKS49","value_usd":2131179.34,"pct_val":0.152729568971,"balance":1910000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"City of Long Beach CA Harbor Revenue","title":"City of Long Beach, Series 2019 A","isin":"US542424VU73","value_usd":2127048,"pct_val":0.152433499201,"balance":2000000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"San Francisco City & County Airport Comm-San Francisco International Airport","title":"San Francisco City & County Airport Comm-San Francisco International Airport, Series 2019 E","isin":"US79766DRT80","value_usd":2107628.2,"pct_val":0.151041791977,"balance":2000000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"City of Sacramento CA Transient Occupancy Tax Revenue","title":"City of Sacramento, Series 2018 A","isin":"US786073AR70","value_usd":2103751.8,"pct_val":0.150763992314,"balance":2000000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Eastern Municipal Water District","title":"Eastern Municipal Water District, Series 2018 A","isin":"US27627TBV35","value_usd":2100000,"pct_val":0.150495122029,"balance":2100000,"units":"PA","currency":"USD","asset_cat":"STIV","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California Health Facilities Financing Authority","title":"California Health Facilities Financing Authority, Series 2017 A","isin":"US13032UNC89","value_usd":2077525.73,"pct_val":0.148884518217,"balance":2045000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Independent Cities Finance Authority","title":"Independent Cities Finance Authority, Series 2022 A","isin":"US45385LQD81","value_usd":2062693.96,"pct_val":0.147821609152,"balance":2010000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Irvine Unified School District","title":"Irvine Unified School District, Series 2020 A","isin":"US463612NF40","value_usd":2057291.12,"pct_val":0.147434418169,"balance":1900000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"County of El Dorado CA","title":"County of El Dorado, Series 2025","isin":"US283113MK16","value_usd":2056831.6,"pct_val":0.147401486969,"balance":2000000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"River Islands Public Financing Authority","title":"River Islands Public Financing Authority, Series 2025","isin":"US76827QMD24","value_usd":2052906.57,"pct_val":0.14712020227,"balance":1950000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"City & County of San Francisco CA","title":"City & County of San Francisco, Series 2021 B-1","isin":"US79773KCM45","value_usd":2051874.2,"pct_val":0.147046218151,"balance":2000000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California Educational Facilities Authority","title":"California Educational Facilities Authority, Series 2017 A","isin":"US130179JC98","value_usd":2029360.4,"pct_val":0.145432781447,"balance":2000000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California Educational Facilities Authority","title":"California Educational Facilities Authority, Series 2017 A","isin":"US130179JD71","value_usd":2026985.6,"pct_val":0.145262592964,"balance":2000000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California Municipal Finance Authority","title":"California Municipal Finance Authority, Series 2017 A","isin":"US13048TR883","value_usd":2024512.2,"pct_val":0.145085338376,"balance":2000000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"County of Sacramento CA Airport System Revenue","title":"County of Sacramento, Series 2016 B","isin":"US786107PE60","value_usd":2022876.4,"pct_val":0.144968109842,"balance":2000000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California Municipal Finance Authority","title":"California Municipal Finance Authority, Series 2017 A","isin":"US13048TQ554","value_usd":2012302.86,"pct_val":0.144210364036,"balance":2010000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"West Basin Municipal Water District","title":"West Basin Municipal Water District, Series 2016 A","isin":"US951254CQ21","value_usd":1989809.34,"pct_val":0.148835116741,"balance":1975000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Irvine Unified School District","title":"Irvine Unified School District, Series 2020 A","isin":"US463612NG23","value_usd":1970354.96,"pct_val":0.141204195308,"balance":1830000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Romoland School District","title":"Romoland School District, Series 2015","isin":"US776192NN27","value_usd":1962380.22,"pct_val":0.140632690798,"balance":1960000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California Municipal Finance Authority","title":"California Municipal Finance Authority, Series 2024","isin":"US13048VS580","value_usd":1950931.6,"pct_val":0.139812232958,"balance":2000000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Del Mar Race Track Authority","title":"Del Mar Race Track Authority, Series 2015","isin":"US245122BP04","value_usd":1930937.86,"pct_val":0.138379394701,"balance":1925000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"CMFA Special Finance Agency VIII","title":"CMFA Special Finance Agency VIII, Series 2021 A-2","isin":"US12574VAB80","value_usd":1923940.11,"pct_val":0.137877905539,"balance":2105000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California Municipal Finance Authority","title":"California Municipal Finance Authority, Series 2019 A","isin":"US13048VGE20","value_usd":1892067.38,"pct_val":0.135593767257,"balance":1780000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"West Basin Municipal Water District/CA","title":"West Basin Municipal Water District, Series 2021 A","isin":"US951254DH13","value_usd":1862739.15,"pct_val":0.133491978899,"balance":1635000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Virgin Islands Transportation & Infrastructure Corp.","title":"Virgin Islands Transportation & Infrastructure Corp., Series 2025","isin":"US927686AV73","value_usd":1830544.7,"pct_val":0.131184784765,"balance":1715000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"VI","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Romoland School District","title":"Romoland School District, Series 2025","isin":"US776192YA86","value_usd":1825560.36,"pct_val":0.130827585309,"balance":1800000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California Community College Financing Authority","title":"California Community College Financing Authority, Series 2018","isin":"US13012RAM16","value_usd":1822697.1,"pct_val":0.13062239166,"balance":1750000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Riverside Unified School District","title":"Riverside Unified School District, Series 2025 A","isin":"US769069Z570","value_usd":1822207.36,"pct_val":0.130587294765,"balance":1780000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Transbay Joint Powers Authority","title":"Transbay Joint Powers Authority, Series 2020 A","isin":"US89356CAK27","value_usd":1816575.36,"pct_val":0.13018368118,"balance":1735000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"City of Sacramento CA","title":"City of Sacramento, Series 2015 F","isin":"US786071KZ21","value_usd":1806662.88,"pct_val":0.129473309805,"balance":1800000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Beaumont Public Improvement Authority","title":"Beaumont Public Improvement Authority, Series 2025 B","isin":"US074429CZ21","value_usd":1802721.95,"pct_val":0.129190885643,"balance":1775000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California Educational Facilities Authority","title":"California Educational Facilities Authority, Series 2017 A","isin":"US130179JA33","value_usd":1779114.58,"pct_val":0.127499078962,"balance":1750000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California School Finance Authority","title":"California School Finance Authority, Series 2023 A","isin":"US13058TRQ57","value_usd":1732056.63,"pct_val":0.124126701854,"balance":1655000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Chino Community Facilities District","title":"Chino Community Facilities District, Series 2022","isin":"US169511WX67","value_usd":1731411.61,"pct_val":0.124080476919,"balance":1620000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"City of Vernon CA Electric System Revenue","title":"City of Vernon, Series 2021 A","isin":"US924397EK46","value_usd":1694905.04,"pct_val":0.121464257535,"balance":1670000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Tobacco Securitization Authority of Southern California","title":"Tobacco Securitization Authority of Southern California, Series 2019 A, Class 1","isin":"US888804CM16","value_usd":1671532.48,"pct_val":0.119789278359,"balance":1600000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California Community College Financing Authority","title":"California Community College Financing Authority, Series 2018","isin":"US13012RAS85","value_usd":1647186.72,"pct_val":0.118044555443,"balance":1600000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California Municipal Finance Authority","title":"California Municipal Finance Authority, Series 2025","isin":"US13051ANN45","value_usd":1621286.66,"pct_val":0.116188444639,"balance":1580000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"City of Pasadena CA Water Revenue","title":"City of Pasadena, Series 2020 A","isin":"US702285HB64","value_usd":1619408.01,"pct_val":0.116053812419,"balance":1480000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Oro Grande Elementary School District","title":"Oro Grande Elementary School District, Series 2020","isin":"US686865AV86","value_usd":1618368.64,"pct_val":0.11597932665,"balance":1600000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Lammersville Joint Unified School District","title":"Lammersville Joint Unified School District, Series 2017","isin":"US513533CK36","value_usd":1617610.37,"pct_val":0.115924985728,"balance":1575000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Virgin Islands Transportation & Infrastructure Corp.","title":"Virgin Islands Transportation & Infrastructure Corp., Series 2025","isin":"US927686AU90","value_usd":1613538.15,"pct_val":0.115633152754,"balance":1500000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"VI","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"City of Roseville CA","title":"City of Roseville, Series 2025","isin":"US77786AAD72","value_usd":1604925.29,"pct_val":0.115015917793,"balance":1580000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California Municipal Finance Authority","title":"California Municipal Finance Authority, Series 2022 A","isin":"US130493CK37","value_usd":1592089.48,"pct_val":0.114096047892,"balance":1550000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Los Angeles County Metropolitan Transportation Authority Sales Tax Revenue","title":"Los Angeles County Metropolitan Transportation Authority, Series 2021 A","isin":"US54466HLQ73","value_usd":1579213.15,"pct_val":0.113173274152,"balance":1485000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Menifee Union School District Public Financing Authority","title":"Menifee Union School District Public Financing Authority, Series 2017 A","isin":"US58680NCK81","value_usd":1576576.15,"pct_val":0.112984295277,"balance":1550000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California School Finance Authority","title":"California School Finance Authority, Series 2022 A","isin":"US13059THG76","value_usd":1571359.8,"pct_val":0.112610468977,"balance":1500000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Riverside Unified School District","title":"Riverside Unified School District, Series 2025 A","isin":"US769069Z406","value_usd":1571080.2,"pct_val":0.112590431627,"balance":1500000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"City of Sacramento CA Transient Occupancy Tax Revenue","title":"City of Sacramento, Series 2018 A","isin":"US786073AQ97","value_usd":1565132.09,"pct_val":0.112164164227,"balance":1485000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"City of Sacramento CA","title":"City of Sacramento, Series 2015 F","isin":"US786071KX72","value_usd":1561014.74,"pct_val":0.111869097041,"balance":1555000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California Municipal Finance Authority","title":"California Municipal Finance Authority, Series 2019","isin":"US13049YDU29","value_usd":1554707.7,"pct_val":0.111417107158,"balance":1500000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"City of Woodland CA","title":"City of Woodland, Series 2019","isin":"US979568GP12","value_usd":1551497.73,"pct_val":0.111187066764,"balance":1505000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"City of Rialto CA","title":"City of Rialto, Series 2023","isin":"US762485EC01","value_usd":1550467.23,"pct_val":0.111113216658,"balance":1445000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Tobacco Securitization Authority of Southern California","title":"Tobacco Securitization Authority of Southern California, Series 2019 A, Class 1","isin":"US888804CP47","value_usd":1549402.35,"pct_val":0.111036902731,"balance":1500000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Chino Community Facilities District","title":"Chino Community Facilities District, Series 2025","isin":"US169511YL02","value_usd":1541296.5,"pct_val":0.11045600231,"balance":1500000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California School Finance Authority","title":"California School Finance Authority, Series 2022 A","isin":"US13058TPZ74","value_usd":1539605.78,"pct_val":0.11033483797,"balance":1455000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Los Angeles Department of Water","title":"Los Angeles Department of Water & Power, Series 2020 C","isin":"US544525ZT84","value_usd":1535333.35,"pct_val":0.110028657078,"balance":1410000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California Educational Facilities Authority","title":"California Educational Facilities Authority, Series 2017 A","isin":"US130179JB16","value_usd":1523818.5,"pct_val":0.109203452908,"balance":1500000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California County Tobacco Securitization Agency","title":"California County Tobacco Securitization Agency, Series 2020 A","isin":"US13016NET72","value_usd":1500758.01,"pct_val":0.107550838024,"balance":1505000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California Municipal Finance Authority","title":"California Municipal Finance Authority, Series 2022 A","isin":"US130493CH08","value_usd":1493881.68,"pct_val":0.107058050347,"balance":1430000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"City of Los Angeles Department of Airports","title":"City of Los Angeles, Series 2022 G","isin":"US544445B732","value_usd":1489583.42,"pct_val":0.106750018364,"balance":1325000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Moreno Valley Unified School District Community Facilities District","title":"Moreno Valley Unified School District, Series 2025","isin":"US616874WB56","value_usd":1484301.52,"pct_val":0.106371494467,"balance":1455000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Irvine Unified School District","title":"Irvine Unified School District, Series 2020 A","isin":"US463612NL18","value_usd":1477477.36,"pct_val":0.105882445518,"balance":1450000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California Municipal Finance Authority","title":"California Municipal Finance Authority, Series 2017 A","isin":"US13048T2Q52","value_usd":1465741.3,"pct_val":0.105041388479,"balance":1440000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Orange County Community Facilities District","title":"Orange County Community Facilities District, Series 2023 A","isin":"US68423PA670","value_usd":1463620.3,"pct_val":0.104889388406,"balance":1360000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California Statewide Communities Development Authority","title":"California Statewide Communities Development Authority, Series 2025 B","isin":"US13078YWY75","value_usd":1449835.46,"pct_val":0.103901506893,"balance":1410000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Riverside Unified School District","title":"Riverside Unified School District, Series 2025","isin":"US7690692Y02","value_usd":1435155.82,"pct_val":0.102849500125,"balance":1400000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Tracy Community Facilities District/CA","title":"Tracy Community Facilities District, Series 2023","isin":"US892376TZ79","value_usd":1433895.62,"pct_val":0.102759188718,"balance":1350000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Orange County Community Facilities District","title":"Orange County Community Facilities District, Series 2023 A","isin":"US68423PA753","value_usd":1421285,"pct_val":0.101855456911,"balance":1350000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California Municipal Finance Authority","title":"California Municipal Finance Authority, Series 2017 A","isin":"US13048TN585","value_usd":1412729.92,"pct_val":0.101242362716,"balance":1400000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"City of Fontana CA","title":"City of Fontana, Series 2024","isin":"US344630N207","value_usd":1408056.16,"pct_val":0.100907420773,"balance":1400000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Poway Unified School District Public Financing Authority","title":"Poway Unified School District Public Financing Authority, Series 2017 A","isin":"US73885QKB40","value_usd":1395127.11,"pct_val":0.099980868888,"balance":1375000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Chino Community Facilities District","title":"Chino Community Facilities District, Series 2022","isin":"US169511WU29","value_usd":1379616,"pct_val":0.098869275368,"balance":1280000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California Municipal Finance Authority","title":"California Municipal Finance Authority, Series 2017 A","isin":"US13048TN742","value_usd":1362365.87,"pct_val":0.097633056121,"balance":1350000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Chula Vista Community Facilities District","title":"City of Chula Vista, Series 2021","isin":"US171312KY67","value_usd":1362019.95,"pct_val":0.097608265991,"balance":1500000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Virgin Islands Transportation & Infrastructure Corp.","title":"Virgin Islands Transportation & Infrastructure Corp., Series 2025","isin":"US927686AT28","value_usd":1356602.13,"pct_val":0.097220001476,"balance":1250000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"VI","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California Community College Financing Authority","title":"California Community College Financing Authority, Series 2018","isin":"US13012RAT68","value_usd":1355856.74,"pct_val":0.097166583591,"balance":1320000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Independent Cities Finance Authority","title":"Independent Cities Finance Authority, Series 2015","isin":"US45385LHV80","value_usd":1346947.29,"pct_val":0.096528093702,"balance":1345000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California Municipal Finance Authority","title":"California Municipal Finance Authority, Series 2016","isin":"US13048TM348","value_usd":1339736.48,"pct_val":0.096011335735,"balance":1310000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Beaumont Unified School District Community Facilities District No. 2020-1","title":"Beaumont Unified School District, Series 2023","isin":"US074447AV58","value_usd":1335967.45,"pct_val":0.095741230674,"balance":1295000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"City of Menifee CA","title":"City of Menifee, Series 2025 A","isin":"US58680WFS89","value_usd":1329547.1,"pct_val":0.095281120504,"balance":1295000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California Municipal Finance Authority","title":"California Municipal Finance Authority, Series 2019","isin":"US13049YDS72","value_usd":1316011.66,"pct_val":0.094311112078,"balance":1260000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California Educational Facilities Authority","title":"California Educational Facilities Authority, Series U-6","isin":"US1301783W46","value_usd":1314579.59,"pct_val":0.094208483721,"balance":1135000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California Municipal Finance Authority","title":"California Municipal Finance Authority, Series 2017 A","isin":"US13048TN411","value_usd":1311556.87,"pct_val":0.093991862476,"balance":1300000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Tobacco Securitization Authority of Northern California","title":"Tobacco Securitization Authority of Northern California, Series 2021 A, Class 1","isin":"US888794BU76","value_usd":1297922.86,"pct_val":0.093014790095,"balance":1300000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"City of Lincoln CA","title":"City of Lincoln, Series 2022","isin":"US533042LG09","value_usd":1295520.72,"pct_val":0.092842642308,"balance":1215000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California Health Facilities Financing Authority","title":"California Health Facilities Financing Authority, Series 2017","isin":"US13032ULZ92","value_usd":1284511.63,"pct_val":0.092053683097,"balance":1250000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Washington Township Health Care District","title":"Washington Township Health Care District, Series 2020 A","isin":"US940204GQ70","value_usd":1273207.32,"pct_val":0.091243567139,"balance":1400000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Menifee Union School District Public Financing Authority","title":"Menifee Union School District Public Financing Authority, Series 2017 A","isin":"US58680NCH52","value_usd":1271095.38,"pct_val":0.091092216345,"balance":1250000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California Municipal Finance Authority","title":"California Municipal Finance Authority, Series 2025 B","isin":"US13051AMR67","value_usd":1269837.5,"pct_val":0.0910020712,"balance":1250000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Chino Community Facilities District","title":"Chino Community Facilities District, Series 2023","isin":"US169511XQ08","value_usd":1264411.44,"pct_val":0.09061321617,"balance":1200000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California Municipal Finance Authority","title":"California Municipal Finance Authority, Series 2017 A","isin":"US13048TN825","value_usd":1263563,"pct_val":0.090552413274,"balance":1250000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California Educational Facilities Authority","title":"California Educational Facilities Authority, Series 2017 A","isin":"US130179HY37","value_usd":1258875.76,"pct_val":0.090216505295,"balance":1235000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California Municipal Finance Authority","title":"California Municipal Finance Authority, Series 2022 A","isin":"US130493CG25","value_usd":1248720.12,"pct_val":0.089488708019,"balance":1200000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California County Tobacco Securitization Agency","title":"California County Tobacco Securitization Agency, Series 2020 A","isin":"US13016NEX84","value_usd":1242610.98,"pct_val":0.089050900509,"balance":1300000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California Municipal Finance Authority","title":"California Municipal Finance Authority, Series 2022 A","isin":"US130493CJ63","value_usd":1242211.08,"pct_val":0.089022241938,"balance":1200000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"San Jacinto Unified School District Financing Authority","title":"San Jacinto Unified School District Financing Authority, Series 2019","isin":"US797860BL61","value_usd":1241762.4,"pct_val":0.08899008758,"balance":1200000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California Health Facilities Financing Authority","title":"California Health Facilities Financing Authority, Series 2017","isin":"US13032UMA33","value_usd":1232151.12,"pct_val":0.088301301506,"balance":1200000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"City of Sacramento CA","title":"City of Sacramento, Series 2015 F","isin":"US786071KW99","value_usd":1224692.36,"pct_val":0.087766774365,"balance":1220000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Sonoma Community Development Agency Successor Agency","title":"Sonoma Community Development Agency Successor Agency, Series 2015","isin":"US835523AM35","value_usd":1212856.44,"pct_val":0.086918560924,"balance":1200000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Hemet Unified School District","title":"Hemet Unified School District, Series 2025","isin":"US423540MY64","value_usd":1211249.47,"pct_val":0.086803398474,"balance":1190000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"City of Clovis CA Sewer Revenue","title":"City of Clovis, Series 2013","isin":"US18934VAQ77","value_usd":1202156.28,"pct_val":0.086151740979,"balance":1200000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"City of Los Angeles Department of Airports","title":"City of Los Angeles, Series 2022 G","isin":"US544445B997","value_usd":1200167.39,"pct_val":0.086009208482,"balance":1080000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Imperial Irrigation District Electric System Revenue","title":"Imperial Irrigation District, Series 2019","isin":"US452650LD40","value_usd":1194945.51,"pct_val":0.085634985879,"balance":1100000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Independent Cities Finance Authority","title":"Independent Cities Finance Authority, Series 2021","isin":"US45385LMZ30","value_usd":1189416.9,"pct_val":0.085238781671,"balance":1395000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"River Islands Public Financing Authority","title":"River Islands Public Financing Authority, Series 2025","isin":"US76827QMC41","value_usd":1177568.7,"pct_val":0.084389688192,"balance":1100000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Root Creek Water District Community Facilities District No. 2016-1 Impt Area No. 1","title":"Root Creek Water District, Series 2021","isin":"US776642AS98","value_usd":1177218.25,"pct_val":0.084364573423,"balance":1300000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Menifee Union School District","title":"Menifee Union School District, Series 2022","isin":"US5868105S88","value_usd":1176435.26,"pct_val":0.084308460958,"balance":1100000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"City & County of San Francisco CA","title":"City & County of San Francisco, Series 2021 C-1","isin":"US79773KFF66","value_usd":1175836.93,"pct_val":0.084265582032,"balance":1140000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Chino Community Facilities District","title":"Chino Community Facilities District, Series 2023","isin":"US169511XN76","value_usd":1168097.63,"pct_val":0.083710950175,"balance":1090000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"City of Palo Alto CA","title":"City of Palo Alto, Series 2012","isin":"US697373CY26","value_usd":1160386,"pct_val":0.083158301272,"balance":1155000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Romoland School District","title":"Romoland School District, Series 2017","isin":"US776192QM17","value_usd":1156221.88,"pct_val":0.082859882344,"balance":1130000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California Municipal Finance Authority","title":"California Municipal Finance Authority, Series 2025","isin":"US13051AMX36","value_usd":1147933.1,"pct_val":0.082265872365,"balance":1130000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Sacramento Municipal Utility District","title":"Sacramento Municipal Utility District, Series 2023 K","isin":"US786005H274","value_usd":1142027.2,"pct_val":0.081842629916,"balance":1000000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Del Mar Race Track Authority","title":"Del Mar Race Track Authority, Series 2015","isin":"US245122BR69","value_usd":1128495.71,"pct_val":0.080872904565,"balance":1125000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"City & County of San Francisco CA Special Tax District No. 2020-1","title":"City & County of San Francisco, Series 2023 B","isin":"US79771JAF66","value_usd":1122699,"pct_val":0.080457487146,"balance":1060000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Eastern Municipal Water District","title":"Eastern Municipal Water District, Series 2023","isin":"US27627M2M80","value_usd":1119401.01,"pct_val":0.080221138857,"balance":1085000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"San Francisco City & County Redevelopment Agency Successor Agency","title":"San Francisco City & County Redevelopment Agency Successor Agency, Series 2014 A","isin":"US79770GAV86","value_usd":1111092.46,"pct_val":0.079625712073,"balance":1110000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"San Ysidro School District","title":"San Ysidro School District, Series 2015","isin":"US799563FV87","value_usd":1102480.39,"pct_val":0.082464080478,"balance":1100000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"East Bay Municipal Utility District","title":"East Bay Municipal Utility District, Series 2014 A","isin":"US271012EL61","value_usd":1099885.7,"pct_val":0.078822586971,"balance":1000000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Transbay Joint Powers Authority","title":"Transbay Joint Powers Authority, Series 2020 A","isin":"US89356CAL00","value_usd":1096156.22,"pct_val":0.078555316234,"balance":1050000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Carson Public Financing Authority","title":"Carson Public Financing Authority, Series 2019","isin":"US14601GBX51","value_usd":1089580.1,"pct_val":0.078084042909,"balance":1000000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California Municipal Finance Authority","title":"California Municipal Finance Authority, Series 2015","isin":"US13048TXY45","value_usd":1086564.24,"pct_val":0.077867913281,"balance":1085000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"San Francisco City & County Redevelopment Agency Successor Agency","title":"San Francisco City & County Redevelopment Agency Successor Agency, Series 2014 A","isin":"US79770GAR74","value_usd":1081415.56,"pct_val":0.077498936508,"balance":1080000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"City & County of San Francisco CA Special Tax District No. 2020-1","title":"City & County of San Francisco, Series 2023 C","isin":"US79771JAK51","value_usd":1064445.75,"pct_val":0.076282806209,"balance":1005000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Chino Community Facilities District","title":"Chino Community Facilities District, Series 2023","isin":"US169511XP25","value_usd":1063104.6,"pct_val":0.076186693574,"balance":1000000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"RNR School Financing Authority","title":"RNR School Financing Authority, Series 2017 A","isin":"US769697KB86","value_usd":1052212.98,"pct_val":0.075406152774,"balance":1035000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"San Ysidro School District","title":"San Ysidro School District, Series 2015","isin":"US799563FZ91","value_usd":1052003.82,"pct_val":0.078688499553,"balance":1050000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"City of Sacramento CA","title":"City of Sacramento, Series 2015 F","isin":"US786071KY55","value_usd":1046503.96,"pct_val":0.078277117272,"balance":1045000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California Municipal Finance Authority","title":"California Municipal Finance Authority, Series 2018","isin":"US13048VFH69","value_usd":1044093.9,"pct_val":0.074824304233,"balance":1000000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California Educational Facilities Authority","title":"California Educational Facilities Authority, Series 2023 A","isin":"US130179VG64","value_usd":1043970.7,"pct_val":0.074815475186,"balance":1025000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California Educational Facilities Authority","title":"California Educational Facilities Authority, Series 2017 A","isin":"US130179HV97","value_usd":1041682.04,"pct_val":0.074651459869,"balance":1020000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Hemet Unified School District","title":"Hemet Unified School District, Series 2025","isin":"US423540PD90","value_usd":1034550.7,"pct_val":0.074140397067,"balance":1000000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Folsom Ranch Financing Authority","title":"Folsom Ranch Financing Authority, Series 2024","isin":"US344414HB69","value_usd":1031426.2,"pct_val":0.073916481825,"balance":1000000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"County of El Dorado CA","title":"County of El Dorado, Series 2023","isin":"US283113LU07","value_usd":1030398.6,"pct_val":0.073842839545,"balance":1000000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California Municipal Finance Authority","title":"California Municipal Finance Authority, Series 2017 A","isin":"US13048T2N22","value_usd":1030388.97,"pct_val":0.073842149418,"balance":1010000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Jurupa Community Services District","title":"Jurupa Community Services District, Series 2025 A","isin":"US48210CFV54","value_usd":1025111.3,"pct_val":0.07346392866,"balance":1000000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California Municipal Finance Authority","title":"California Municipal Finance Authority, Series 2017 A","isin":"US13048T2L65","value_usd":1022104.8,"pct_val":0.073248469811,"balance":1000000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California Municipal Finance Authority","title":"California Municipal Finance Authority, Series 2017 A","isin":"US13048T2M49","value_usd":1021290.8,"pct_val":0.073190135035,"balance":1000000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"City of Dublin CA","title":"City of Dublin, Series 2022","isin":"US26362DBD93","value_usd":1018289.95,"pct_val":0.072975081089,"balance":955000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California Educational Facilities Authority","title":"California Educational Facilities Authority, Series 2017 A","isin":"US130179HZ02","value_usd":1018003.5,"pct_val":0.072954552837,"balance":1000000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Romoland School District","title":"Romoland School District, Series 2025","isin":"US776192YQ39","value_usd":1017941.9,"pct_val":0.072950138314,"balance":1000000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Jurupa Community Services District","title":"Jurupa Community Services District, Series 2025 A","isin":"US48210CFW38","value_usd":1014844.8,"pct_val":0.072728186674,"balance":1000000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Val Verde Unified School District","title":"Val Verde Unified School District, Series 2023","isin":"US91882PGS92","value_usd":1014263.3,"pct_val":0.072686513858,"balance":1000000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"City of Ontario CA","title":"City of Ontario, Series 2025","isin":"US68304NGZ69","value_usd":1014072.3,"pct_val":0.072672825969,"balance":1000000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"County of Sacramento CA Airport System Revenue","title":"County of Sacramento, Series 2016 B","isin":"US786107PD87","value_usd":1012141.3,"pct_val":0.072534442121,"balance":1000000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Sonoma Community Development Agency Successor Agency","title":"Sonoma Community Development Agency Successor Agency, Series 2015","isin":"US835523AL51","value_usd":1011815.2,"pct_val":0.072511072378,"balance":1000000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California Municipal Finance Authority","title":"California Municipal Finance Authority, Series 2017 A","isin":"US13048TN668","value_usd":1011252.4,"pct_val":0.072470739686,"balance":1000000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"University of California","title":"University of California, Series 2016 K","isin":"US91412GR727","value_usd":1004990.7,"pct_val":0.072021999064,"balance":1000000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"San Ysidro School District","title":"San Ysidro School District, Series 2015","isin":"US799563FX44","value_usd":1002131.7,"pct_val":0.074958130692,"balance":1000000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California Health Facilities Financing Authority","title":"California Health Facilities Financing Authority, Series 2015","isin":"US13033L6R31","value_usd":1001743.6,"pct_val":0.071789297773,"balance":1000000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Romoland School District","title":"Romoland School District, Series 2015","isin":"US776192NM44","value_usd":1001301.3,"pct_val":0.071757600634,"balance":1000000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California Municipal Finance Authority","title":"California Municipal Finance Authority, Series 2017 A","isin":"US13048TN254","value_usd":1000379.2,"pct_val":0.074827046001,"balance":1000000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"City & County of San Francisco CA Special Tax District No. 2020-1","title":"City & County of San Francisco, Series 2023 B","isin":"US79771JAD19","value_usd":992705.4,"pct_val":0.071141581101,"balance":935000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Poway Unified School District","title":"Poway Unified School District, Series 2020","isin":"US738855J558","value_usd":976135.42,"pct_val":0.069954104357,"balance":965000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"City & County of San Francisco CA Special Tax District No. 2020-1","title":"City & County of San Francisco, Series 2023 C","isin":"US79771JAJ88","value_usd":948019.69,"pct_val":0.067939209015,"balance":880000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"City & County of San Francisco CA Special Tax District No. 2020-1","title":"City & County of San Francisco, Series 2023 A","isin":"US79771JAB52","value_usd":942633.21,"pct_val":0.067553190461,"balance":875000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Moreno Valley Unified School District Community Facilities District","title":"Moreno Valley Unified School District, Series 2025","isin":"US616874WS81","value_usd":940428.26,"pct_val":0.067395174166,"balance":925000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California Municipal Finance Authority","title":"California Municipal Finance Authority, Series 2022 A-2","isin":"US130483EY23","value_usd":916820.88,"pct_val":0.065703366769,"balance":930000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California Municipal Finance Authority","title":"California Municipal Finance Authority, Series 2017 A","isin":"US13048TN338","value_usd":909101.52,"pct_val":0.065150163899,"balance":900000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"City of Palo Alto CA","title":"City of Palo Alto, Series 2012","isin":"US697373CX43","value_usd":899147.16,"pct_val":0.064436791222,"balance":895000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"City of Oakland CA","title":"City of Oakland, Series 2025","isin":"US67232QAP63","value_usd":886228.66,"pct_val":0.063510995396,"balance":865000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"City of Rancho Cordova CA","title":"City of Rancho Cordova, Series 2025","isin":"US75211RSG38","value_usd":863081.63,"pct_val":0.06185217868,"balance":855000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"City of Lincoln CA","title":"City of Lincoln, Series 2025","isin":"US533042LW58","value_usd":861961.46,"pct_val":0.061771902432,"balance":850000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"River Islands Public Financing Authority","title":"River Islands Public Financing Authority, Series 2025","isin":"US76827QLN15","value_usd":858009.67,"pct_val":0.061488699994,"balance":815000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Romoland School District","title":"Romoland School District, Series 2025","isin":"US776192ZJ86","value_usd":855071.2,"pct_val":0.06127811647,"balance":840000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"City of Dublin CA","title":"City of Dublin, Series 2023","isin":"US26362DBS62","value_usd":835829.69,"pct_val":0.059899186282,"balance":785000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Washington Township Health Care District","title":"Washington Township Health Care District, Series 2020 A","isin":"US940204GN40","value_usd":820001.36,"pct_val":0.058764859398,"balance":870000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Chino Community Facilities District","title":"Chino Community Facilities District, Series 2022","isin":"US169511WW84","value_usd":806862.08,"pct_val":0.057823241519,"balance":755000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Irvine Unified School District","title":"Irvine Unified School District, Series 2020 A","isin":"US463612NH06","value_usd":803285.18,"pct_val":0.057566905328,"balance":750000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Menifee Union School District","title":"Menifee Union School District, Series 2021","isin":"US5868102Z58","value_usd":801017.61,"pct_val":0.057404401411,"balance":875000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Menifee Union School District","title":"Menifee Union School District, Series 2021","isin":"US5868104A89","value_usd":777077.76,"pct_val":0.05568876777,"balance":800000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California Educational Facilities Authority","title":"California Educational Facilities Authority, Series 2023 A","isin":"US130179VE17","value_usd":771982.43,"pct_val":0.055323614289,"balance":750000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Washington Township Health Care District","title":"Washington Township Health Care District, Series 2020 A","isin":"US940204GL83","value_usd":770231.52,"pct_val":0.055198136473,"balance":800000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Chino Community Facilities District","title":"Chino Community Facilities District, Series 2022","isin":"US169511WV02","value_usd":765552.59,"pct_val":0.054862824024,"balance":725000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Mountain House Community Facilities District","title":"City of Mountain House, Series 2025","isin":"US62412KAW71","value_usd":761465.18,"pct_val":0.054569902469,"balance":750000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Independent Cities Finance Authority","title":"Independent Cities Finance Authority, Series 2022","isin":"US45385LQR77","value_usd":761264.54,"pct_val":0.054555523735,"balance":745000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Moreno Valley Unified School District Community Facilities District","title":"Moreno Valley Unified School District, Series 2025","isin":"US616874WR09","value_usd":761251.58,"pct_val":0.054554594965,"balance":750000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"City of Menifee CA","title":"City of Menifee, Series 2023 A","isin":"US58680WDY75","value_usd":756854.18,"pct_val":0.054239458179,"balance":750000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"City of Newport Beach CA","title":"City of Newport Beach, Series 2023 A","isin":"US651784UU28","value_usd":743788.76,"pct_val":0.053303133428,"balance":715000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California Educational Facilities Authority","title":"California Educational Facilities Authority, Series 2023 A","isin":"US130179VF81","value_usd":739836.04,"pct_val":0.053019864343,"balance":725000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Poway Unified School District","title":"Poway Unified School District, Series 2020","isin":"US738855J301","value_usd":737744.94,"pct_val":0.052870007034,"balance":715000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Beaumont Unified School District Community Facilities District No. 2020-1","title":"Beaumont Unified School District, Series 2023","isin":"US074447AX15","value_usd":734923.66,"pct_val":0.052667821854,"balance":725000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Golden Valley Unified School District","title":"Golden Valley Unified School District","isin":"US38130TBB44","value_usd":730853.58,"pct_val":0.052376142241,"balance":725000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Sierra View Local Health Care District","title":"Sierra View Local Health Care District, Series 2020","isin":"US82650PDJ12","value_usd":689477.38,"pct_val":0.049410944018,"balance":660000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"City of Menifee CA","title":"City of Menifee, Series 2025 A","isin":"US58680WGG33","value_usd":687110.78,"pct_val":0.049241343182,"balance":675000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Lake Elsinore Unified School District Community Facilities District","title":"Lake Elsinore Unified School District, Series 2021","isin":"US509640ZF83","value_usd":683871.41,"pct_val":0.049009195857,"balance":760000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California Statewide Communities Development Authority","title":"California Statewide Communities Development Authority, Series 2023","isin":"US13077EQC74","value_usd":682759.42,"pct_val":0.048929505823,"balance":650000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California Municipal Finance Authority","title":"California Municipal Finance Authority, Series 2025","isin":"US13051ANY00","value_usd":681607.28,"pct_val":0.048846938466,"balance":670000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California Public Finance Authority","title":"California Public Finance Authority, Series 2021 B","isin":"US13057EDW12","value_usd":678194.24,"pct_val":0.048602345194,"balance":690000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Beaumont Unified School District Community Facilities District No. 2020-1","title":"Beaumont Unified School District, Series 2023","isin":"US074447AW32","value_usd":674277.58,"pct_val":0.048321660325,"balance":660000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"City of Menifee CA","title":"City of Menifee, Series 2025 A","isin":"US58680WGH16","value_usd":669341.4,"pct_val":0.047967912225,"balance":650000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California School Finance Authority","title":"California School Finance Authority, Series 2022 A","isin":"US13058TPT15","value_usd":660680.19,"pct_val":0.047347212293,"balance":640000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Washington Township Health Care District","title":"Washington Township Health Care District, Series 2020 A","isin":"US940204GS37","value_usd":659634.53,"pct_val":0.047272275755,"balance":750000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Washington Township Health Care District","title":"Washington Township Health Care District, Series 2020 A","isin":"US940204GR53","value_usd":648461.68,"pct_val":0.046471580792,"balance":725000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Tracy Community Facilities District/CA","title":"Tracy Community Facilities District, Series 2023","isin":"US892376TY05","value_usd":642643.02,"pct_val":0.046054590341,"balance":600000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"River Islands Public Financing Authority","title":"River Islands Public Financing Authority, Series 2025","isin":"US76827QLM32","value_usd":642310.2,"pct_val":0.046030739014,"balance":600000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California Enterprise Development Authority","title":"California Enterprise Development Authority, Series 2020 A","isin":"US13069BAH96","value_usd":639789.85,"pct_val":0.045850119785,"balance":615000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Val Verde Unified School District","title":"Val Verde Unified School District, Series 2023","isin":"US91882PGR10","value_usd":637083.81,"pct_val":0.045656193204,"balance":625000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"City of Los Angeles Department of Airports","title":"City of Los Angeles, Series 2022 G","isin":"US544445C318","value_usd":635972.26,"pct_val":0.045576534702,"balance":580000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"City of Newport Beach CA","title":"City of Newport Beach, Series 2023 A","isin":"US651784UT54","value_usd":632561.14,"pct_val":0.045332079026,"balance":620000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California Educational Facilities Authority","title":"California Educational Facilities Authority, Series 2022 A","isin":"US130179UD43","value_usd":629635.78,"pct_val":0.045122435021,"balance":595000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California School Finance Authority","title":"California School Finance Authority, Series 2022 A","isin":"US13059THF93","value_usd":625310.07,"pct_val":0.044812435852,"balance":595000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California Community College Financing Authority","title":"California Community College Financing Authority, Series 2018","isin":"US13012RAN98","value_usd":623568.66,"pct_val":0.044687638847,"balance":600000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"San Diego Unified School District/CA","title":"San Diego Unified School District, Series 2019 L","isin":"US7973558T44","value_usd":619827.58,"pct_val":0.044419536804,"balance":605000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"City of Menifee CA","title":"City of Menifee, Series 2025 A","isin":"US58680WFU36","value_usd":616632.41,"pct_val":0.044190557043,"balance":610000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"City of Menifee CA","title":"City of Menifee, Series 2025 A","isin":"US58680WFT62","value_usd":615854.85,"pct_val":0.044134833715,"balance":605000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"City of Sacramento CA","title":"City of Sacramento, Series 2015 F","isin":"US786071KU34","value_usd":615823.42,"pct_val":0.044132581305,"balance":615000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California Municipal Finance Authority","title":"California Municipal Finance Authority, Series 2023 B-1","isin":"US13048VL718","value_usd":597399.87,"pct_val":0.042812269683,"balance":595000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"City of Rancho Cordova CA","title":"City of Rancho Cordova, Series 2025","isin":"US75211RSH11","value_usd":588668.07,"pct_val":0.042186510966,"balance":585000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California Educational Facilities Authority","title":"California Educational Facilities Authority, Series 2022 A","isin":"US130179UA04","value_usd":586698,"pct_val":0.042045327192,"balance":545000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California Municipal Finance Authority","title":"California Municipal Finance Authority, Series 2020 A","isin":"US13049SCU69","value_usd":582299.6,"pct_val":0.041730118742,"balance":620000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Val Verde Unified School District","title":"Val Verde Unified School District, Series 2023","isin":"US91882PGQ37","value_usd":573851.41,"pct_val":0.041124684749,"balance":555000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Sierra View Local Health Care District","title":"Sierra View Local Health Care District, Series 2020","isin":"US82650PDL67","value_usd":561004.86,"pct_val":0.040204045173,"balance":520000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California Municipal Finance Authority","title":"California Municipal Finance Authority, Series 2021 B","isin":"US13049SEQ30","value_usd":558912.55,"pct_val":0.04005410115,"balance":590000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"City of Fontana CA","title":"City of Fontana, Series 2020","isin":"US344630WW48","value_usd":556317.8,"pct_val":0.039868150094,"balance":550000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"City & County of San Francisco CA Special Tax District No. 2020-1","title":"City & County of San Francisco, Series 2023 C","isin":"US79771JAH23","value_usd":552139.02,"pct_val":0.039568680567,"balance":520000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California Enterprise Development Authority","title":"California Enterprise Development Authority, Series 2020 A","isin":"US13069BAF31","value_usd":545058.23,"pct_val":0.039061240398,"balance":540000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"County of El Dorado CA","title":"County of El Dorado, Series 2023","isin":"US283113LT34","value_usd":535156.4,"pct_val":0.038351632249,"balance":500000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California Statewide Communities Development Authority","title":"California Statewide Communities Development Authority, Series 2023","isin":"US13077EPQ79","value_usd":527334.45,"pct_val":0.037791077334,"balance":500000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Transbay Joint Powers Authority","title":"Transbay Joint Powers Authority, Series 2020 A","isin":"US89356CAJ53","value_usd":525151.85,"pct_val":0.037634662738,"balance":500000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California Statewide Communities Development Authority","title":"California Statewide Communities Development Authority, Series 2022","isin":"US13077ELR98","value_usd":523057.85,"pct_val":0.037484597602,"balance":500000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Poway Unified School District","title":"Poway Unified School District, Series 2020","isin":"US738855J228","value_usd":519824.95,"pct_val":0.037252913944,"balance":500000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California Statewide Communities Development Authority","title":"California Statewide Communities Development Authority, Series 2023 A","isin":"US130791AE69","value_usd":485537.78,"pct_val":0.034795746405,"balance":455000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California Enterprise Development Authority","title":"California Enterprise Development Authority, Series 2020 A","isin":"US13069BAL09","value_usd":474314,"pct_val":0.033991401576,"balance":450000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California Municipal Finance Authority","title":"California Municipal Finance Authority, Series 2022 A","isin":"US130493CE76","value_usd":458496.53,"pct_val":0.032857852967,"balance":435000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Romoland School District","title":"Romoland School District, Series 2023","isin":"US776192VM51","value_usd":457420.39,"pct_val":0.0327807321,"balance":440000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Menifee Union School District","title":"Menifee Union School District, Series 2021","isin":"US5868102X01","value_usd":452238.68,"pct_val":0.032409388253,"balance":445000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California Municipal Finance Authority","title":"California Municipal Finance Authority, Series 2021 B","isin":"US13049SES95","value_usd":449382.98,"pct_val":0.032204736387,"balance":540000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California Affordable Housing Agency","title":"California Affordable Housing Agency, Series 2020 A","isin":"US13005FCG72","value_usd":427930.5,"pct_val":0.030667358484,"balance":500000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Root Creek Water District Community Facilities District No. 2016-1 Impt Area No. 1","title":"Root Creek Water District, Series 2021","isin":"US776642AR16","value_usd":416244,"pct_val":0.02982985313,"balance":430000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Washington Township Health Care District","title":"Washington Township Health Care District, Series 2023 A","isin":"US940204GT10","value_usd":413451,"pct_val":0.029629694618,"balance":400000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California Municipal Finance Authority","title":"California Municipal Finance Authority, Series 2021","isin":"US13048VVU96","value_usd":402190.8,"pct_val":0.028822739773,"balance":400000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Chino Community Facilities District","title":"Chino Community Facilities District, Series 2023","isin":"US169511XR80","value_usd":396172.58,"pct_val":0.028391447986,"balance":375000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"City of Fontana CA","title":"City of Fontana, Series 2021","isin":"US344630ZQ43","value_usd":389432.12,"pct_val":0.027908397343,"balance":400000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Washington Township Health Care District","title":"Washington Township Health Care District, Series 2023 A","isin":"US940204GU82","value_usd":384133.65,"pct_val":0.027528685967,"balance":375000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"County of San Diego CA","title":"County of San Diego, Series 2020 A","isin":"US79743ACQ40","value_usd":375787.99,"pct_val":0.02693059972,"balance":375000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"City of Ontario CA","title":"City of Ontario, Series 2022","isin":"US68304NFB01","value_usd":370406.58,"pct_val":0.026544944503,"balance":350000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"San Jacinto Unified School District","title":"San Jacinto Unified School District, Series 2023","isin":"US797834DY18","value_usd":362062.02,"pct_val":0.025946937086,"balance":350000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"City of Lake Elsinore CA","title":"City of Lake Elsinore, Series 2021","isin":"US50963NUD91","value_usd":360262.8,"pct_val":0.025817997166,"balance":400000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California Municipal Finance Authority","title":"California Municipal Finance Authority, Series 2021","isin":"US13048VVV79","value_usd":351820.21,"pct_val":0.025212964493,"balance":350000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Irvine Unified School District","title":"Irvine Unified School District, Series 2019 A","isin":"US463612MY48","value_usd":344744.09,"pct_val":0.024705858996,"balance":350000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Riverside Unified School District","title":"Riverside Unified School District, Series 2021","isin":"US769069Q322","value_usd":344095.95,"pct_val":0.024659410469,"balance":375000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"City of Menifee CA","title":"City of Menifee, Series 2023 A","isin":"US58680WDX92","value_usd":330910.84,"pct_val":0.023714508212,"balance":325000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Washington Township Health Care District","title":"Washington Township Health Care District, Series 2023 A","isin":"US940204GV65","value_usd":330481.55,"pct_val":0.023683743426,"balance":325000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California School Finance Authority","title":"California School Finance Authority, Series 2018 A","isin":"US13059TFE47","value_usd":327813.15,"pct_val":0.023492514291,"balance":320000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Beaumont Unified School District Community Facilities District No. 2020-1","title":"Beaumont Unified School District, Series 2023","isin":"US074447AU75","value_usd":319211.91,"pct_val":0.02287611207,"balance":300000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California School Finance Authority","title":"California School Finance Authority, Series 2023 A","isin":"US13058TRU69","value_usd":316531.62,"pct_val":0.022684030846,"balance":300000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Irvine Unified School District","title":"Irvine Unified School District, Series 2019 A","isin":"US463612MX64","value_usd":315493.98,"pct_val":0.022609669057,"balance":315000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Washington Township Health Care District","title":"Washington Township Health Care District, Series 2020 A","isin":"US940204GP97","value_usd":302741.13,"pct_val":0.021695744429,"balance":300000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California School Finance Authority","title":"California School Finance Authority, Series 2018 A","isin":"US13059TFD63","value_usd":302430.39,"pct_val":0.021673475451,"balance":300000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California Municipal Finance Authority","title":"California Municipal Finance Authority, Series 2021","isin":"US13048VVT24","value_usd":301370.67,"pct_val":0.021597531313,"balance":300000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California Educational Facilities Authority","title":"California Educational Facilities Authority, Series 2022 A","isin":"US130179TZ73","value_usd":297615.34,"pct_val":0.021328408052,"balance":275000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"City of Newport Beach CA","title":"City of Newport Beach, Series 2023 A","isin":"US651784UR98","value_usd":292630.35,"pct_val":0.020971162015,"balance":280000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"City of Newport Beach CA","title":"City of Newport Beach, Series 2023 A","isin":"US651784UN84","value_usd":284413.17,"pct_val":0.020382283202,"balance":275000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California Municipal Finance Authority","title":"California Municipal Finance Authority, Series 2022 A","isin":"US13049RBP01","value_usd":284265.46,"pct_val":0.020371697662,"balance":280000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Irvine Unified School District","title":"Irvine Unified School District, Series 2019 A","isin":"US463612MV09","value_usd":283092.4,"pct_val":0.020287631087,"balance":280000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Washington Township Health Care District","title":"Washington Township Health Care District, Series 2020 A","isin":"US940204GM66","value_usd":280347.49,"pct_val":0.020090918913,"balance":275000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Irvine Unified School District","title":"Irvine Unified School District, Series 2019 A","isin":"US463612MU26","value_usd":277815.88,"pct_val":0.019909492744,"balance":265000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Washington Township Health Care District","title":"Washington Township Health Care District, Series 2023 A","isin":"US940204GW49","value_usd":277648.88,"pct_val":0.019897524798,"balance":275000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Irvine Unified School District","title":"Irvine Unified School District, Series 2019 A","isin":"US463612MW81","value_usd":271667.2,"pct_val":0.019468851626,"balance":270000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"City of Newport Beach CA","title":"City of Newport Beach, Series 2023 A","isin":"US651784UQ16","value_usd":271306.78,"pct_val":0.019443022363,"balance":260000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California School Finance Authority","title":"California School Finance Authority, Series 2022 A","isin":"US13058TPY00","value_usd":271273.37,"pct_val":0.019440628057,"balance":270000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Romoland School District","title":"Romoland School District, Series 2023","isin":"US776192VL78","value_usd":269029.58,"pct_val":0.019279828319,"balance":250000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California Municipal Finance Authority","title":"California Municipal Finance Authority, Series 2022 A","isin":"US13049RBN52","value_usd":268562.77,"pct_val":0.019246374687,"balance":265000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California Enterprise Development Authority","title":"California Enterprise Development Authority, Series 2020 A","isin":"US13069BAK26","value_usd":266841.6,"pct_val":0.019123028168,"balance":250000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"City of Rancho Cordova CA","title":"City of Rancho Cordova, Series 2023","isin":"US75211RQR11","value_usd":266365.83,"pct_val":0.019088932424,"balance":250000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California Municipal Finance Authority","title":"California Municipal Finance Authority, Series 2022 A","isin":"US130493CC11","value_usd":261464.15,"pct_val":0.018737656743,"balance":250000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California Municipal Finance Authority","title":"California Municipal Finance Authority, Series 2022 A","isin":"US130493CB38","value_usd":259187.98,"pct_val":0.018574536513,"balance":250000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"City of Newport Beach CA","title":"City of Newport Beach, Series 2023 A","isin":"US651784UM02","value_usd":256524.55,"pct_val":0.01838366355,"balance":250000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"City of Fontana CA","title":"City of Fontana, Series 2020","isin":"US344630WV64","value_usd":256288.68,"pct_val":0.018366760081,"balance":250000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"City of Newport Beach CA","title":"City of Newport Beach, Series 2023 A","isin":"US651784UL29","value_usd":254419.8,"pct_val":0.018232828022,"balance":250000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California Municipal Finance Authority","title":"California Municipal Finance Authority, Series 2021","isin":"US13048VVW52","value_usd":250558.18,"pct_val":0.017956087559,"balance":250000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California Municipal Finance Authority","title":"California Municipal Finance Authority, Series 2022 A","isin":"US13049RBL96","value_usd":250389.96,"pct_val":0.017944032183,"balance":240000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"City of Menifee CA","title":"City of Menifee, Series 2023 A","isin":"US58680WDW10","value_usd":248432.28,"pct_val":0.01780373633,"balance":240000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California Municipal Finance Authority","title":"California Municipal Finance Authority, Series 2021","isin":"US13048VVZ83","value_usd":245277.75,"pct_val":0.017577669008,"balance":250000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"City of Newport Beach CA","title":"City of Newport Beach, Series 2023 A","isin":"US651784UP33","value_usd":234125.84,"pct_val":0.016778474695,"balance":225000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"City of Newport Beach CA","title":"City of Newport Beach, Series 2023 A","isin":"US651784US71","value_usd":233988.64,"pct_val":0.016768642347,"balance":225000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California Statewide Communities Development Authority","title":"California Statewide Communities Development Authority, Series 2023 A","isin":"US130791AA48","value_usd":221957.49,"pct_val":0.015906437877,"balance":215000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"City of Newport Beach CA","title":"City of Newport Beach, Series 2023 A","isin":"US651784UK46","value_usd":221715.82,"pct_val":0.015889118755,"balance":220000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California Municipal Finance Authority","title":"California Municipal Finance Authority, Series 2022 A","isin":"US130493CD93","value_usd":220900.09,"pct_val":0.01583066,"balance":210000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California Municipal Finance Authority","title":"California Municipal Finance Authority, Series 2022 A","isin":"US13049RBH84","value_usd":211743.38,"pct_val":0.015174450386,"balance":210000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Irvine Unified School District","title":"Irvine Unified School District, Series 2019 A","isin":"US463612MM00","value_usd":198430.08,"pct_val":0.014220361478,"balance":185000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"City of Newport Beach CA","title":"City of Newport Beach, Series 2021 A","isin":"US651784TS90","value_usd":192265.46,"pct_val":0.01377857803,"balance":235000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"City of Newport Beach CA","title":"City of Newport Beach, Series 2021 A","isin":"US651784TT73","value_usd":191734.03,"pct_val":0.013740493448,"balance":240000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"City of Newport Beach CA","title":"City of Newport Beach, Series 2021 A","isin":"US651784TR18","value_usd":190064.3,"pct_val":0.013620833343,"balance":230000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California Municipal Finance Authority","title":"California Municipal Finance Authority, Series 2021","isin":"US13048VWQ75","value_usd":186225.72,"pct_val":0.013345744026,"balance":185000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"County of San Diego CA","title":"County of San Diego, Series 2020 A","isin":"US79743ACP66","value_usd":175918.1,"pct_val":0.012607055203,"balance":175000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California Municipal Finance Authority","title":"California Municipal Finance Authority, Series 2021","isin":"US13048VWR58","value_usd":170204.09,"pct_val":0.012197564425,"balance":170000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Moreno Valley Unified School District Community Facilities District","title":"Moreno Valley Unified School District, Series 2020","isin":"US616874TY96","value_usd":165865.82,"pct_val":0.011886665153,"balance":200000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California Municipal Finance Authority","title":"California Municipal Finance Authority, Series 2021","isin":"US13048VWP92","value_usd":161932.96,"pct_val":0.011604819321,"balance":160000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California Municipal Finance Authority","title":"California Municipal Finance Authority, Series 2021","isin":"US13048VWN45","value_usd":157590.44,"pct_val":0.011293615475,"balance":155000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California Municipal Finance Authority","title":"California Municipal Finance Authority, Series 2021","isin":"US13048VVX36","value_usd":154469.93,"pct_val":0.011069986173,"balance":155000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California Municipal Finance Authority","title":"California Municipal Finance Authority, Series 2021","isin":"US13048VVS41","value_usd":150495.86,"pct_val":0.010785187055,"balance":150000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Moreno Valley Unified School District Community Facilities District","title":"Moreno Valley Unified School District, Series 2020","isin":"US616874TT02","value_usd":142062.96,"pct_val":0.01018084881,"balance":140000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Moreno Valley Unified School District Community Facilities District","title":"Moreno Valley Unified School District, Series 2020","isin":"US616874TS29","value_usd":132370.58,"pct_val":0.009486250757,"balance":130000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California Municipal Finance Authority","title":"California Municipal Finance Authority, Series 2022 A","isin":"US13049RBM79","value_usd":126331.33,"pct_val":0.009053451868,"balance":125000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California Municipal Finance Authority","title":"California Municipal Finance Authority, Series 2021","isin":"US13048VWL88","value_usd":123152.41,"pct_val":0.008825636652,"balance":120000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California Municipal Finance Authority","title":"California Municipal Finance Authority, Series 2021","isin":"US13048VWM61","value_usd":122561.83,"pct_val":0.008783313124,"balance":120000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Moreno Valley Unified School District Community Facilities District","title":"Moreno Valley Unified School District, Series 2020","isin":"US616874TR46","value_usd":122530.93,"pct_val":0.008781098696,"balance":120000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California Municipal Finance Authority","title":"California Municipal Finance Authority, Series 2022 A","isin":"US13049RBK14","value_usd":118575.88,"pct_val":0.008497662633,"balance":115000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"County of San Diego CA","title":"County of San Diego, Series 2020 A","isin":"US79743ACS06","value_usd":113024.7,"pct_val":0.008099840961,"balance":115000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California Municipal Finance Authority","title":"California Municipal Finance Authority, Series 2022 A","isin":"US13049RBJ41","value_usd":112182.33,"pct_val":0.008039473068,"balance":110000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Poway Unified School District","title":"Poway Unified School District, Series 2020","isin":"US738855H990","value_usd":109776.67,"pct_val":0.007867073022,"balance":100000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California Municipal Finance Authority","title":"California Municipal Finance Authority, Series 2021","isin":"US13048VVY19","value_usd":108735.39,"pct_val":0.007792450374,"balance":110000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California Municipal Finance Authority","title":"California Municipal Finance Authority, Series 2022 A","isin":"US130493CA54","value_usd":102551.77,"pct_val":0.007349305305,"balance":100000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Sierra View Local Health Care District","title":"Sierra View Local Health Care District, Series 2020","isin":"US82650PDG72","value_usd":100406.97,"pct_val":0.00719559962,"balance":100000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California Municipal Finance Authority","title":"California Municipal Finance Authority, Series 2021 B","isin":"US13049SEP56","value_usd":78361.73,"pct_val":0.005615741961,"balance":80000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Puerto Rico Electric Power Authority","title":"Puerto Rico Electric Power Authority, Escrow Account","isin":null,"value_usd":63500.13,"pct_val":0.004749726052,"balance":254000.5,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"PR","fair_val_level":"3","payoff_profile":"Long"},{"issuer_name":"Port of Oakland","title":"Port of Oakland, Series 2017 D","isin":"US735000UT61","value_usd":57428.19,"pct_val":0.004115553553,"balance":55000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"County of San Diego CA","title":"County of San Diego, Series 2020 A","isin":"US79743ABN28","value_usd":50380.27,"pct_val":0.003610468991,"balance":50000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"}],"source_documents":[{"label":"SEC NPORT-P Filings","url":"https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=773478&type=NPORT&dateb=&owner=exclude&count=40"}],"dataset":{"json":"https://dealcharts.org/llm/facts/fund/franklin-california-intermediate-term-tax-free-income-fund.json","page":"https://dealcharts.org/capitalmarkets/funds/franklin-california-intermediate-term-tax-free-income-fund/"},"provenance":{"curator":"CMD+RVL","curator_url":"https://cmdrvl.com","platform":"Dealcharts","platform_url":"https://dealcharts.org/","source":"SEC NPORT-P Public Filings","license":"CC-BY 4.0","license_url":"https://creativecommons.org/licenses/by/4.0/","attribution":"Data curated by CMD+RVL from SEC NPORT-P public filings"},"citation":"Fund: Franklin California Intermediate-Term Tax-Free Income Fund | LEI: 549300OHN3DQ0DETNI18 | 477 positions totaling $1,403,998,316 across DBT, STIV, EC | Filing: Tue Feb 24 2026 19:00:00 GMT-0500 (Eastern Standard Time) | Source: SEC NPORT-P via Dealcharts.org","updated_at":"2026-02-25"}