{"entity_type":"fund","name":"Northern Trust Tax-Exempt Bond ETF","identifiers":{"lei":"254900H10OQJQWTG5Q74","cik":"916620","fund_id":"S000093505","fundkey":"northern-trust-tax-exempt-bond-etf"},"dates":{"reporting_period_start":"2025-12-31","reporting_period_end":"2025-12-31","filing_date":"2026-02-25"},"summary":{"total_positions":401,"total_value_usd":26223307.98,"asset_categories":["DBT","STIV"],"by_asset_category":{"DBT":{"positions":400,"total_value_usd":26023307.98},"STIV":{"positions":1,"total_value_usd":200000}}},"holdings":[{"issuer_name":"University of California","title":"University of California, Series 2022BK","isin":"US91412HND16","value_usd":291642.4,"pct_val":1.135253314896,"balance":280000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Empire State Development Corp.","title":"Empire State Development Corp., Series 2017C","isin":"US6500357K89","value_usd":280447.75,"pct_val":1.091676785826,"balance":275000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"New York State Thruway Authority","title":"New York State Thruway Authority, Series 2025A","isin":"US650028B363","value_usd":275427.75,"pct_val":1.072135828679,"balance":265000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"City of San Francisco CA Public Utilities Commission Water Revenue","title":"City of San Francisco, Series 2025D","isin":"US79771FLJ48","value_usd":206836.5,"pct_val":0.805136092236,"balance":195000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California State University","title":"California State University, Series 2024A","isin":"US13077DUQ32","value_usd":200871,"pct_val":0.781914661985,"balance":180000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Green Lake Township Economic Development Corp.","title":"Green Lake Township Economic Development Corp., Series 2004","isin":"US393096AB84","value_usd":200000,"pct_val":0.778524189141,"balance":200000,"units":"PA","currency":"USD","asset_cat":"STIV","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"County of Clark NV","title":"County of Clark, Series 2023","isin":"US181000TQ31","value_usd":181775.45,"pct_val":0.707582924085,"balance":185000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Monroe County Industrial Development Corp.","title":"Monroe County Industrial Development Corp., Series 2020A","isin":"US61075TUV87","value_usd":163607.4,"pct_val":0.636861592112,"balance":180000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Metropolitan Atlanta Rapid Transit Authority","title":"Metropolitan Atlanta Rapid Transit Authority, Series 2017C","isin":"US5917453L62","value_usd":162326.5,"pct_val":0.631875533943,"balance":175000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Indianapolis Local Public Improvement Bond Bank","title":"Indianapolis Local Public Improvement Bond Bank, Series 2019A","isin":"US45528UYY18","value_usd":159825,"pct_val":0.622138142647,"balance":150000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Virginia Public Building Authority","title":"Virginia Public Building Authority, Series 2020A","isin":"US9281725M37","value_usd":154035,"pct_val":0.599599867372,"balance":140000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Desert Community College District","title":"Desert Community College District, Series 2024","isin":"US250375NB42","value_usd":152200.7,"pct_val":0.592459632771,"balance":155000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"State of West Virginia","title":"State of West Virginia, Series 2018B","isin":"US956553B916","value_usd":151430.75,"pct_val":0.589462509274,"balance":145000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"South Dakota Conservancy District","title":"South Dakota Conservancy District, Series 2025A","isin":"US837545SW33","value_usd":147072.8,"pct_val":0.572498661823,"balance":140000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Chicago Board of Education Dedicated Capital Improvement Tax","title":"Chicago Board of Education, Series 2023","isin":"US167510AW69","value_usd":143995.8,"pct_val":0.560521067174,"balance":130000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"City of New York NY","title":"City of New York, Series 2024D","isin":"US64966SCM61","value_usd":142132.05,"pct_val":0.553266194886,"balance":135000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Kentucky Public Energy Authority","title":"Kentucky Public Energy Authority, Series 2024B","isin":"US74440DFC39","value_usd":139846.2,"pct_val":0.544368247297,"balance":130000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Main Street Natural Gas, Inc.","title":"Main Street Natural Gas, Inc., Series 2024C","isin":"US56035DHT28","value_usd":139245.6,"pct_val":0.542030339157,"balance":130000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Lamar Consolidated Independent School District","title":"Lamar Consolidated Independent School District, Series 2023A","isin":"US513174L346","value_usd":138053.75,"pct_val":0.537390918883,"balance":125000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Texas Municipal Gas Acquisition & Supply Corp. III","title":"Texas Municipal Gas Acquisition & Supply Corp. III, Series 2021","isin":"US88256HBE71","value_usd":137815.6,"pct_val":0.536463891205,"balance":130000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"King County Public Hospital District No. 1","title":"King County Public Hospital District No. 1, Series 2016","isin":"US494782KD69","value_usd":137533.95,"pct_val":0.535367534515,"balance":135000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"District of Columbia","title":"District of Columbia, Series 2020","isin":"US25483VWT78","value_usd":130539.6,"pct_val":0.508141181204,"balance":120000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"City of Indianapolis Department of Public Utilities Water System Revenue","title":"City of Indianapolis Department of Public Utilities, Series 2018A","isin":"US455412BF26","value_usd":125000,"pct_val":0.874410993257,"balance":125000,"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 2024-1","isin":"US842469CD85","value_usd":124151.7,"pct_val":0.483275507865,"balance":115000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Energy Northwest","title":"Energy Northwest, Series 2016A","isin":"US29270CQ735","value_usd":121483.2,"pct_val":0.472888048871,"balance":120000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Virginia College Building Authority","title":"Virginia College Building Authority, Series 2021A","isin":"US92778VKW71","value_usd":121434.25,"pct_val":0.472697505076,"balance":115000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"JEA Electric System Revenue","title":"Jacksonville Electric Authority, Series 2020A3","isin":"US46613SQH66","value_usd":119442.4,"pct_val":0.464943988045,"balance":110000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"City of Austin TX Water & Wastewater System Revenue","title":"City of Austin, Series 2022","isin":"US052477PH33","value_usd":117371.3,"pct_val":0.456881980805,"balance":115000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"City of Memphis TN","title":"City of Memphis, Series 2018","isin":"US586145T531","value_usd":113540.65,"pct_val":0.441970712379,"balance":115000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Aldine Independent School District","title":"Aldine Independent School District, Series 2024A","isin":"US014393ZZ89","value_usd":112593,"pct_val":0.43828187014,"balance":100000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Pennsylvania Turnpike Commission","title":"Pennsylvania Turnpike Commission, Series 2017","isin":"US709224E397","value_usd":111384.9,"pct_val":0.433579194775,"balance":110000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Board of Regents of the University of Texas System","title":"Board of Regents of the University of Texas System, Series 2019 B","isin":"US91514AJV89","value_usd":111373,"pct_val":0.433532872586,"balance":100000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Northwest Independent School District","title":"Northwest Independent School District, Series 2023","isin":"US667826EC18","value_usd":110253,"pct_val":0.429173137127,"balance":100000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Lower Colorado River Authority","title":"Lower Colorado River Authority, Series 2024","isin":"US54811GP380","value_usd":109154,"pct_val":0.424895146707,"balance":100000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Commonwealth of Massachusetts","title":"Commonwealth of Massachusetts, Series 2021D","isin":"US57582RR999","value_usd":108258.15,"pct_val":0.421407942233,"balance":105000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Washington Metropolitan Area Transit Authority","title":"Washington Metropolitan Area Transit Authority, Series 2018","isin":"US938782GJ24","value_usd":108036.6,"pct_val":0.420545532063,"balance":105000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"San Antonio Water System","title":"San Antonio Water System, Series 2024B","isin":"US79642GRM68","value_usd":106945,"pct_val":0.416296347038,"balance":100000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Black Belt Energy Gas District","title":"Black Belt Energy Gas District, Series 2025E","isin":"US09182TGC53","value_usd":106940,"pct_val":0.416276883934,"balance":100000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Long Island Power Authority","title":"Long Island Power Authority, Series 2020A","isin":"US542691DK32","value_usd":106754.55,"pct_val":0.415554997379,"balance":105000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"State of Illinois","title":"State of Illinois, Series 2020B","isin":"US4521526Q95","value_usd":106744.05,"pct_val":0.415514124859,"balance":105000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Pflugerville Independent School District","title":"Pflugerville Independent School District, Series 2023A","isin":"US717096DP36","value_usd":106668.1,"pct_val":0.415218480298,"balance":110000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"County of Fort Bend TX","title":"County of Fort Bend, Series 2023","isin":"US346766H506","value_usd":105800,"pct_val":0.411839296055,"balance":100000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"New Jersey Transportation Trust Fund Authority","title":"New Jersey Transportation Trust Fund Authority, Series 2016A1","isin":"US6461362D29","value_usd":100925,"pct_val":0.392862768945,"balance":100000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"New Hampshire Health and Education Facilities Authority Act","title":"New Hampshire Health and Education Facilities Authority, Series 2015","isin":"US6446142Y48","value_usd":100025,"pct_val":0.389359410094,"balance":100000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Energy Southeast A Cooperative District","title":"Energy Southeast A Cooperative District, Series 2023A1","isin":"US292723AK96","value_usd":98322.3,"pct_val":0.38273144441,"balance":90000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"State of Florida Department of Transportation Turnpike System Revenue","title":"State of Florida, Series 2025D","isin":"US343137A540","value_usd":96428,"pct_val":0.375357652552,"balance":100000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"New York City Transitional Finance Authority","title":"New York City Transitional Finance Authority, Series 2024F1","isin":"US64972JGV44","value_usd":92825.1,"pct_val":0.361332928547,"balance":90000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Erie County Fiscal Stability Authority","title":"Erie County Fiscal Stability Authority, Series 2017D","isin":"US29508RKW50","value_usd":92566.8,"pct_val":0.360327464557,"balance":90000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"State of Minnesota","title":"State of Minnesota, Series 2019A","isin":"US60412AQZ92","value_usd":92128.95,"pct_val":0.358623080476,"balance":85000,"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 2023D","isin":"US13068XKP32","value_usd":91800,"pct_val":0.357342602816,"balance":85000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Alvin Independent School District/TX","title":"Alvin Independent School District, Series 2019","isin":"US022447P598","value_usd":90791.5,"pct_val":0.353416894592,"balance":95000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"City of Gainesville FL Utilities System Revenue","title":"City of Gainesville, Series 2017A","isin":"US362848UY71","value_usd":90000,"pct_val":0.629575915145,"balance":90000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Central Florida Expressway Authority","title":"Central Florida Expressway Authority, Series 2024 A","isin":"US153476JG21","value_usd":89483.75,"pct_val":0.34832631955,"balance":85000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"County of King WA Sewer Revenue","title":"County of King, Series 2024A","isin":"US495290FR47","value_usd":89314.6,"pct_val":0.347667882717,"balance":85000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"University of Arkansas","title":"University of Arkansas, Series 2021A","isin":"US914073BA84","value_usd":88323.5,"pct_val":0.343809906098,"balance":85000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Delaware Transportation Authority","title":"Delaware Transportation Authority, Series 2020","isin":"US246428J807","value_usd":88265.7,"pct_val":0.343584912607,"balance":85000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Palm Beach County School District","title":"Palm Beach County School District","isin":"US696550G890","value_usd":87226.4,"pct_val":0.339539311658,"balance":80000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"New York City Municipal Water Finance Authority","title":"New York City Municipal Water Finance Authority, Series 2013BB","isin":"US64972GBB95","value_usd":87179.4,"pct_val":0.339356358474,"balance":110000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Indiana Finance Authority","title":"Indiana Finance Authority, Series 2016C","isin":"US45470RCU86","value_usd":86807.95,"pct_val":0.337910444423,"balance":85000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Lamar Consolidated Independent School District","title":"Lamar Consolidated Independent School District, Series 2023A","isin":"US513174L676","value_usd":85969.6,"pct_val":0.334647065654,"balance":80000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"State of North Carolina","title":"State of North Carolina, Series 2019","isin":"US658268EE36","value_usd":85514.4,"pct_val":0.332875144599,"balance":80000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"New York City Transitional Finance Authority","title":"New York City Transitional Finance Authority, Series 2024G1","isin":"US64972JJB52","value_usd":84229.6,"pct_val":0.327873905208,"balance":80000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Westmoreland County Municipal Authority","title":"Westmoreland County Municipal Authority, Series 2025 A","isin":"US961017SY79","value_usd":84033.75,"pct_val":0.327111535396,"balance":75000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Conroe Independent School District","title":"Conroe Independent School District, Series 2024","isin":"US2084183S07","value_usd":84018.75,"pct_val":0.327053146082,"balance":75000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"City of Mesa AZ Utility System Revenue","title":"City of Mesa, Series 2023","isin":"US5905452P31","value_usd":83870.4,"pct_val":0.326475675764,"balance":80000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Lower Colorado River Authority","title":"Lower Colorado River Authority, Series 2023A","isin":"US54811BH461","value_usd":83801.6,"pct_val":0.326207863443,"balance":80000,"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 Water System, Series 2024 A","isin":"US544525U715","value_usd":83472.75,"pct_val":0.324927775045,"balance":75000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"University of Utah (The)","title":"University of Utah (The), Series 2022A","isin":"US915183X858","value_usd":83222.4,"pct_val":0.323953257392,"balance":80000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"State of Maryland","title":"State of Maryland, Series 2018-2","isin":"US574193QQ45","value_usd":83182.4,"pct_val":0.323797552554,"balance":80000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Southeastern Pennsylvania Transportation Authority","title":"Southeastern Pennsylvania Transportation Authority, Series 2022","isin":"US842039FL83","value_usd":82551,"pct_val":0.321339751689,"balance":75000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Alabama Public School and College Authority","title":"Alabama Public School and College Authority, Series 2020A","isin":"US010609FN02","value_usd":82245.75,"pct_val":0.320151529145,"balance":75000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"City of Orlando FL","title":"City of Orlando, Series 2025","isin":"US686432BY03","value_usd":81845.25,"pct_val":0.318592534456,"balance":75000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"City of Denton TX Utility System Revenue","title":"City of Denton, Series 2017","isin":"US249015C226","value_usd":81744,"pct_val":0.318198406585,"balance":80000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"State of Illinois","title":"State of Illinois, Series MAY 2023 B","isin":"US452153FC82","value_usd":81606.75,"pct_val":0.317664144361,"balance":75000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"County of Clark NV","title":"County of Clark, Series 2016B","isin":"US180848SA20","value_usd":81563.2,"pct_val":0.317494620718,"balance":80000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Clark County School District No. 114 Evergreen","title":"Clark County School District No. 114, Series 2019","isin":"US181234P415","value_usd":81337.5,"pct_val":0.316616056171,"balance":75000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Dallas Independent School District","title":"Dallas Independent School District, Series 2019B","isin":"US235308XY46","value_usd":80744.25,"pct_val":0.314306758795,"balance":75000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Rhode Island Commerce Corp.","title":"Rhode Island Commerce Corp., Series 2016B","isin":"US762232AP14","value_usd":80713.6,"pct_val":0.314187449963,"balance":80000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"State of Maryland Department of Transportation","title":"State of Maryland, Series 2025B","isin":"US574204X573","value_usd":80712.8,"pct_val":0.314184335866,"balance":70000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Intermountain Power Agency","title":"Intermountain Power Agency, Series 2023A","isin":"US45884AF730","value_usd":80280.75,"pct_val":0.312502528987,"balance":75000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"County of Clark NV","title":"County of Clark, Series 2018B","isin":"US180848XY41","value_usd":80185.5,"pct_val":0.312131756842,"balance":75000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Energy Northwest","title":"Energy Northwest, Series 2021 A","isin":"US29270C4K88","value_usd":80028.75,"pct_val":0.311521588508,"balance":75000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Idaho Housing & Finance Association","title":"Idaho Housing & Finance Association, Series 2019A","isin":"US45129WPQ77","value_usd":79824,"pct_val":0.31072457437,"balance":75000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Oklahoma Capitol Improvement Authority","title":"Oklahoma Capitol Improvement Authority, Series 2025A","isin":"US678514EN68","value_usd":79742.25,"pct_val":0.310406352607,"balance":75000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Delaware Valley Regional Finance Authority","title":"Delaware Valley Regional Finance Authority, Series 2023A","isin":"US246579LU84","value_usd":79680,"pct_val":0.310164036954,"balance":75000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"University of Utah (The)","title":"University of Utah (The), Series 2023 B","isin":"US9151833S43","value_usd":79678.5,"pct_val":0.310158198022,"balance":75000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Triborough Bridge & Tunnel Authority","title":"Triborough Bridge & Tunnel Authority, Series 2024 A SUB A-1","isin":"US89602RLT04","value_usd":79441.5,"pct_val":0.309235646858,"balance":75000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Town of Hempstead NY","title":"Town of Hempstead, Series 2025A","isin":"US424672V676","value_usd":79004.25,"pct_val":0.307533598349,"balance":75000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"State of Florida Department of Transportation Turnpike System Revenue","title":"State of Florida, Series 2925B","isin":"US343137XR10","value_usd":78705,"pct_val":0.306368731531,"balance":75000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"City of Austin TX Water & Wastewater System Revenue","title":"City of Austin, Series 2017","isin":"US052477E774","value_usd":78355.5,"pct_val":0.305008260511,"balance":75000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Southeast Energy Authority A Cooperative District","title":"Southeast Energy Authority A Cooperative District, Series 2025A","isin":"US84136HBC60","value_usd":78144.75,"pct_val":0.304187890647,"balance":75000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Pennsylvania Turnpike Commission","title":"Pennsylvania Turnpike Commission, Series 2023A","isin":"US709225JB37","value_usd":78087.75,"pct_val":0.303966011253,"balance":75000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Chicago O'Hare International Airport","title":"Chicago O'Hare International Airport, Series 2024B","isin":"US1675935E83","value_usd":77991,"pct_val":0.303589400176,"balance":75000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Katy Independent School District","title":"Katy Independent School District, Series 2023","isin":"US486063S430","value_usd":77806.5,"pct_val":0.302871211612,"balance":75000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Northwest Independent School District","title":"Northwest Independent School District, Series 2023","isin":"US667826EK34","value_usd":77765.25,"pct_val":0.302710640998,"balance":75000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Energy Northwest","title":"Energy Northwest, Series 2022-A","isin":"US29270C4V44","value_usd":77672.7,"pct_val":0.302350378929,"balance":70000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"San Jose Redevelopment Agency Successor Agency","title":"San Jose Redevelopment Agency Successor Agency, Series 2017A","isin":"US798170AQ94","value_usd":77542.5,"pct_val":0.301843559682,"balance":75000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"City of Dallas TX","title":"City of Dallas, Series 2023A","isin":"US235219VF64","value_usd":77303.8,"pct_val":0.300914391062,"balance":70000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"City of Dallas TX","title":"City of Dallas, Series 2024C","isin":"US235219YK23","value_usd":77052.75,"pct_val":0.299937148574,"balance":75000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"City of Dallas TX","title":"City of Dallas, Series 2017","isin":"US235219MZ20","value_usd":76975.5,"pct_val":0.299636443606,"balance":75000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Southeast Energy Authority A Cooperative District","title":"Southeast Energy Authority A Cooperative District, Series 2025F","isin":"US84136JAL35","value_usd":76961.5,"pct_val":0.299581946913,"balance":70000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Pennsylvania Turnpike Commission","title":"Pennsylvania Turnpike Commission, Series 2016","isin":"US709224RU50","value_usd":76680,"pct_val":0.298486174116,"balance":75000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"New York State Dormitory Authority","title":"New York State Dormitory Authority, Series 2018A","isin":"US64990AHZ12","value_usd":76646.25,"pct_val":0.298354798159,"balance":75000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Oklahoma Turnpike Authority","title":"Oklahoma Turnpike Authority, Series 2017C","isin":"US679111XT64","value_usd":76607.25,"pct_val":0.298202985943,"balance":75000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"City of Denton TX Utility System Revenue","title":"City of Denton, Series 2017","isin":"US249015C556","value_usd":76545,"pct_val":0.297960670289,"balance":75000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"New York City Transitional Finance Authority Future Tax Secured Revenue","title":"New York City Transitional Finance Authority Future Tax Secured, Series FISCAL 2025C SUB C-1","isin":"US64972JMA33","value_usd":76319.6,"pct_val":0.297083273528,"balance":70000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Central Valley Energy Authority","title":"Central Valley Energy Authority, Series 2025","isin":"US15569DAA00","value_usd":76250.3,"pct_val":0.296813514896,"balance":70000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"New York City Educational Construction Fund","title":"New York City Educational Construction Fund, Series 2021B","isin":"US649670NU69","value_usd":76241.25,"pct_val":0.296778286676,"balance":75000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Southeast Energy Authority A Cooperative District","title":"Southeast Energy Authority A Cooperative District, Series 2025F","isin":"US84136JAE91","value_usd":76035.4,"pct_val":0.295976990655,"balance":70000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"State of Illinois","title":"State of Illinois, Series MAY 2023 B","isin":"US452153FD65","value_usd":75862.5,"pct_val":0.295303956493,"balance":70000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"City of New York NY","title":"City of New York, Series 2021F1","isin":"US64966QVM94","value_usd":75774.3,"pct_val":0.294960627326,"balance":70000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Texas Transportation Finance Corp.","title":"Texas Transportation Finance Corp., Series 2025A","isin":"US88283PAP27","value_usd":75703.6,"pct_val":0.294685419025,"balance":70000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Texas Water Development Board","title":"Texas Water Development Board, Series 2025","isin":"US88285AKE72","value_usd":75465.75,"pct_val":0.293759559133,"balance":75000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"State of Rhode Island","title":"State of Rhode Island, Series 2022A","isin":"US762223NV38","value_usd":75453,"pct_val":0.293709928216,"balance":75000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"City of Colorado Springs CO Utilities System Revenue","title":"City of Colorado Springs, Series 2025 A","isin":"US1966328B27","value_usd":75308.8,"pct_val":0.293148612276,"balance":70000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"City of Chicago IL","title":"City of Chicago, Series 2024A","isin":"US167486S678","value_usd":75273.75,"pct_val":0.293012175912,"balance":75000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Chicago Midway International Airport","title":"Chicago Midway International Airport, Series 2025 B","isin":"US167562VS34","value_usd":75211.5,"pct_val":0.292769860258,"balance":70000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Black Belt Energy Gas District","title":"Black Belt Energy Gas District, Series 2025D","isin":"US09182TFT97","value_usd":75138,"pct_val":0.292483752618,"balance":70000,"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 2023D","isin":"US544532HS62","value_usd":75005.7,"pct_val":0.291968758867,"balance":70000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"County of Fulton GA Water & Sewerage Revenue","title":"County of Fulton, Series 2025","isin":"US360066PZ19","value_usd":74982.05,"pct_val":0.291876698382,"balance":65000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"New Jersey Transportation Trust Fund Authority","title":"New Jersey Transportation Trust Fund Authority, Series 2024A","isin":"US64613CEM64","value_usd":74963.2,"pct_val":0.291803322477,"balance":65000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"District of Columbia","title":"District of Columbia, Series 2024A","isin":"US25476FD881","value_usd":74925.5,"pct_val":0.291656570667,"balance":65000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"District of Columbia Income Tax Revenue","title":"District of Columbia, Series 2019A","isin":"US25477GPG46","value_usd":74893,"pct_val":0.291530060486,"balance":70000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"King County School District No. 412 Shoreline","title":"King County School District No. 412 Shoreline, Series 2018","isin":"US495242M713","value_usd":74832.1,"pct_val":0.291292999871,"balance":70000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Oklahoma Water Resources Board","title":"Oklahoma Water Resources Board, Series 2025A","isin":"US67919PWY59","value_usd":74605.3,"pct_val":0.29041015344,"balance":70000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Chicago O'Hare International Airport","title":"Chicago O'Hare International Airport, Series 2022D","isin":"US1675933E02","value_usd":74455.5,"pct_val":0.289827038823,"balance":70000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"State of Florida Department of Transportation Turnpike System Revenue","title":"State of Florida, Series 2019A","isin":"US343137EQ48","value_usd":74368,"pct_val":0.28948643449,"balance":70000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"New Jersey Economic Development Authority","title":"New Jersey Economic Development Authority, Series 2024SSS","isin":"US64577XFA90","value_usd":74275.5,"pct_val":0.289126367052,"balance":65000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Austin Independent School District","title":"Austin Independent School District, Series 2019","isin":"US052430QF55","value_usd":74181.8,"pct_val":0.28876162847,"balance":70000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Westfield-Washington Multi-School Building Corp.","title":"Westfield-Washington Multi-School Building Corp., Series 2024A","isin":"US96023PPA74","value_usd":74071.4,"pct_val":0.288331883117,"balance":65000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Texas Transportation Finance Corp.","title":"Texas Transportation Finance Corp., Series 2025A","isin":"US88283PAN78","value_usd":74048.8,"pct_val":0.288243909884,"balance":70000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Ohio Higher Educational Facility Commission","title":"Ohio Higher Educational Facility Commission, Series 2016","isin":"US67756DJW74","value_usd":74001.75,"pct_val":0.288060762069,"balance":75000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Lower Alabama Gas District (The)","title":"Lower Alabama Gas District (The), Series 2025A","isin":"US547804AQ73","value_usd":73992.8,"pct_val":0.288025923111,"balance":70000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Texas Water Development Board","title":"Texas Water Development Board, Series 2018A","isin":"US882854G973","value_usd":73982.3,"pct_val":0.287985050591,"balance":70000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Central Florida Expressway Authority","title":"Central Florida Expressway Authority, Series 2025A","isin":"US153476KA32","value_usd":73786.05,"pct_val":0.287221123731,"balance":65000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"South Carolina Public Service Authority","title":"South Carolina Public Service Authority, Series 2014C","isin":"US837151KX68","value_usd":73636.8,"pct_val":0.286640150054,"balance":80000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Clark County School District","title":"Clark County School District, Series 2024A","isin":"US1810594D55","value_usd":73466.9,"pct_val":0.285978793756,"balance":65000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"State of Washington","title":"State of Washington, Series 2018C","isin":"US93974D2K37","value_usd":73438.4,"pct_val":0.285867854059,"balance":70000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Wisconsin Department of Transportation","title":"Wisconsin Department of Transportation, Series 2024-2","isin":"US9771234Q86","value_usd":73414.25,"pct_val":0.285773847263,"balance":65000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"City of Mesa AZ Utility System Revenue","title":"City of Mesa, Series 2017","isin":"US590545YT01","value_usd":73311.2,"pct_val":0.285372712675,"balance":80000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Allegheny County Sanitary Authority","title":"Allegheny County Sanitary Authority, Series 2025","isin":"US017357U851","value_usd":73233.3,"pct_val":0.285069477503,"balance":70000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"State of Texas","title":"State of Texas, Series 2025","isin":"US882725DB74","value_usd":73229,"pct_val":0.285052739233,"balance":65000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"County of Harris TX","title":"County of Harris","isin":"US4140054F22","value_usd":73081.4,"pct_val":0.284478188381,"balance":70000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Metropolitan Transportation Authority Dedicated Tax Fund","title":"Metropolitan Transportation Authority Dedicated Tax Fund, Series 2024A","isin":"US59260XCE67","value_usd":72973.6,"pct_val":0.284058563843,"balance":70000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Forney Independent School District","title":"Forney Independent School District, Series 2023","isin":"US346425JX06","value_usd":72874.2,"pct_val":0.283671637321,"balance":70000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"County of Harris TX Toll Road Revenue","title":"County of Harris, Series 2025A","isin":"US41423PFC68","value_usd":72541.5,"pct_val":0.282376562333,"balance":75000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"DuPage County School District No. 58 Downers Grove","title":"DuPage County School District No. 58, Series 2022","isin":"US263165JP80","value_usd":72510.1,"pct_val":0.282254334035,"balance":65000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"State of Wisconsin","title":"State of Wisconsin, Series 2024 1","isin":"US97705MH990","value_usd":72347.1,"pct_val":0.281619836821,"balance":70000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"State of Washington","title":"State of Washington, Series 2017D","isin":"US93974DF296","value_usd":71823.5,"pct_val":0.279581660494,"balance":70000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"State of Mississippi","title":"State of Mississippi, Series 2021A","isin":"US605581NQ65","value_usd":71455.15,"pct_val":0.278147813568,"balance":65000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Lewisville Independent School District","title":"Lewisville Independent School District, Series 2024","isin":"US52882PGB85","value_usd":71359.6,"pct_val":0.277775873637,"balance":65000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"District of Columbia","title":"District of Columbia, Series 2021D","isin":"US25476FYP79","value_usd":70537.35,"pct_val":0.274575166064,"balance":65000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Allen County Building Corp.","title":"Allen County Building Corp., Series 2024","isin":"US01752EBC03","value_usd":70436.6,"pct_val":0.274182984504,"balance":65000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Louisiana Stadium & Exposition District","title":"Louisiana Stadium & Exposition District, Series 2023A","isin":"US546410CT68","value_usd":70386.55,"pct_val":0.273988158826,"balance":65000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"University of Houston","title":"University of Houston, Series 2022A","isin":"US914302KK92","value_usd":69323.15,"pct_val":0.269848745712,"balance":65000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"County of Broward FL Water & Sewer Utility Revenue","title":"County of Broward, Series 2025","isin":"US115117NR00","value_usd":69054.6,"pct_val":0.268803382357,"balance":60000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Clark County School District","title":"Clark County School District, Series 2025A","isin":"US1810596D38","value_usd":68737.2,"pct_val":0.267567864469,"balance":60000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Texas Water Development Board","title":"Texas Water Development Board, Series 2022","isin":"US8828547S51","value_usd":68289.6,"pct_val":0.265825527334,"balance":60000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"King County School District No. 210 Federal Way","title":"King County School District No. 210 Federal Way, Series 2018","isin":"US494890B390","value_usd":67913.95,"pct_val":0.264363264275,"balance":65000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"State of Washington","title":"State of Washington, Series 2018 C","isin":"US93974D2N75","value_usd":67896.4,"pct_val":0.264294948778,"balance":65000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Harris County Cultural Education Facilities Finance Corp.","title":"Harris County Cultural Education Facilities Finance Corp., Series 2017","isin":"US41401PCL58","value_usd":67845.7,"pct_val":0.264097592896,"balance":65000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Royse City Independent School District/TX","title":"Royse City Independent School District, Series 2023","isin":"US780869XX68","value_usd":67692.3,"pct_val":0.263500464843,"balance":65000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"County of Mecklenburg NC","title":"County of Mecklenburg, Series 2017A","isin":"US584002VT37","value_usd":67473,"pct_val":0.262646813069,"balance":70000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"King County School District No. 403 Renton","title":"King County School District No. 403, Series 2023","isin":"US495080WJ81","value_usd":67397.4,"pct_val":0.262352530926,"balance":60000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"New York City Transitional Finance Authority","title":"New York City Transitional Finance Authority, Series 2024G1","isin":"US64972JJF66","value_usd":66731.6,"pct_val":0.2597608239,"balance":65000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"County of Jefferson AL","title":"County of Jefferson, Series 2017","isin":"US472628QV16","value_usd":66704.95,"pct_val":0.259657085552,"balance":65000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Texas Water Development Board","title":"Texas Water Development Board, Series 2022","isin":"US8828547W63","value_usd":66634.2,"pct_val":0.25938168262,"balance":60000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Commonwealth of Pennsylvania","title":"Commonwealth of Pennsylvania, Series 2016","isin":"US70914PE247","value_usd":66134.9,"pct_val":0.257438096982,"balance":65000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"City of Indianapolis Department of Public Utilities Water System Revenue","title":"City of Indianapolis, Series 2016B","isin":"US455412AL03","value_usd":66078.35,"pct_val":0.257217969267,"balance":65000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Palm Beach County School District","title":"Palm Beach County School District","isin":"US696550H393","value_usd":65826.6,"pct_val":0.256238001944,"balance":60000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Dallas Fort Worth International Airport","title":"Dallas Fort Worth International Airport, Series 2025B","isin":"US23503CFB81","value_usd":65718,"pct_val":0.25581526331,"balance":60000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Texas Water Development Board","title":"Texas Water Development Board, Series 2015A","isin":"US882854WY44","value_usd":65003.25,"pct_val":0.253033012489,"balance":65000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"City of Seguin TX","title":"City of Seguin","isin":"US815832E489","value_usd":64518.6,"pct_val":0.251146453747,"balance":60000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Maryland Stadium Authority","title":"Maryland Stadium Authority, Series 2020A","isin":"US574296CR87","value_usd":64328.4,"pct_val":0.250406077243,"balance":60000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Weld County School District No. 6 Greeley","title":"Weld County School District No. 6 Greeley, Series 2020","isin":"US949289PT34","value_usd":64064.4,"pct_val":0.249378425314,"balance":60000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"State of Illinois","title":"State of Illinois, Series 2021A","isin":"US452153AR07","value_usd":64011,"pct_val":0.249170559355,"balance":60000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"State of Wisconsin","title":"State of Wisconsin, Series 2025B","isin":"US97705MU787","value_usd":63990.3,"pct_val":0.249089982102,"balance":55000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"City of Jacksonville FL","title":"City of Jacksonville, Series 2022A","isin":"US469487TD45","value_usd":63898.8,"pct_val":0.248733807285,"balance":60000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"City of Austin TX","title":"City of Austin, Series 2023","isin":"US052397H827","value_usd":63879.6,"pct_val":0.248659068963,"balance":60000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"State of Wisconsin","title":"State of Wisconsin, Series 2023-1","isin":"US97705MXA88","value_usd":63499.2,"pct_val":0.247178315955,"balance":60000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Maricopa County Special Health Care District","title":"Maricopa County Special Health Care District, Series 2018C","isin":"US56756TAM62","value_usd":63355.2,"pct_val":0.246617778539,"balance":60000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"State of New York","title":"State of New York, Series 2023A","isin":"US649791SG66","value_usd":62931.55,"pct_val":0.244968669675,"balance":55000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Metropolitan Knoxville Airport Authority","title":"Metropolitan Knoxville Airport Authority, Series 2024A","isin":"US592174AU00","value_usd":62919,"pct_val":0.244919817283,"balance":60000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Dallas Independent School District","title":"Dallas Independent School District, Series 2024","isin":"US235308N665","value_usd":62813.3,"pct_val":0.244508367249,"balance":55000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Harris County Cultural Education Facilities Finance Corp.","title":"Harris County Cultural Education Facilities Finance Corp., Series 2017","isin":"US41401PCK75","value_usd":62651.4,"pct_val":0.243878151917,"balance":60000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Crowley Independent School District","title":"Crowley Independent School District, Series 2023","isin":"US228130KG42","value_usd":62590.2,"pct_val":0.243639923516,"balance":60000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"State of Washington","title":"State of Washington, Series 2022A","isin":"US93974ESB38","value_usd":62347.2,"pct_val":0.242694016626,"balance":60000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"State of Florida","title":"State of Florida, Series 2022A","isin":"US34153QVV57","value_usd":62198.95,"pct_val":0.242116935571,"balance":55000,"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 Honolulu HI","title":"City & County of Honolulu, Series 2021E","isin":"US438687TX36","value_usd":61749.6,"pct_val":0.240367786349,"balance":60000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Virginia Commonwealth Transportation Board","title":"Virginia Commonwealth Transportation Board, Series 2019","isin":"US927793K733","value_usd":61625.85,"pct_val":0.239886074507,"balance":65000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"King County School District No. 405 Bellevue","title":"King County School District No. 405, Series 2016","isin":"US495098YX73","value_usd":61256.4,"pct_val":0.238447945698,"balance":60000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Michigan State Building Authority","title":"Michigan State Building Authority, Series 2016I","isin":"US594615FK75","value_usd":61164,"pct_val":0.238088267523,"balance":60000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"County of Albany NY","title":"County of Albany, Series 2018","isin":"US01212PBJ49","value_usd":60849.93,"pct_val":0.425662781847,"balance":60000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Forney Independent School District","title":"Forney Independent School District, Series 2022B","isin":"US346425HW41","value_usd":60452.7,"pct_val":0.235319446244,"balance":55000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Orange County Convention Center/Orlando","title":"Orange County Convention Center, Series 2017","isin":"US684545A632","value_usd":60000,"pct_val":0.419717276763,"balance":60000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"City of New York NY","title":"City of New York, Series 2019E","isin":"US64966MR681","value_usd":59191.8,"pct_val":0.230411240494,"balance":60000,"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 2024A","isin":"US13068XLE75","value_usd":59167.35,"pct_val":0.230316065912,"balance":55000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"State of Iowa","title":"State of Iowa, Series 2019A","isin":"US46257TEU97","value_usd":59128.85,"pct_val":0.230166200005,"balance":55000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"City of Chattanooga TN Electric Revenue","title":"City of Chattanooga, Series 2023","isin":"US162393GM84","value_usd":58928.65,"pct_val":0.229386897292,"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 Cook IL Sales Tax Revenue","title":"County of Cook, Series 2022 A","isin":"US213248DD60","value_usd":58435.3,"pct_val":0.227466472748,"balance":55000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"State of Wisconsin","title":"State of Wisconsin, Series 2020 B","isin":"US97705MTS43","value_usd":58207.6,"pct_val":0.226580122959,"balance":55000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"State of Minnesota","title":"State of Minnesota","isin":"US604140XN89","value_usd":58142.5,"pct_val":0.226326713335,"balance":50000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Washington Metropolitan Area Transit Authority Dedicated Revenue","title":"Washington Metropolitan Area Transit Authority, Series 2021A","isin":"US93878YBH18","value_usd":57658.7,"pct_val":0.224443463322,"balance":55000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"New York State Environmental Facilities Corp.","title":"New York State Environmental Facilities Corp., Series 2024A","isin":"US64986DNY75","value_usd":57654,"pct_val":0.224425168003,"balance":50000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Canadian County Educational Facilities Authority","title":"Canadian County Educational Facilities Authority, Series 2023A","isin":"US135521DE96","value_usd":57535,"pct_val":0.223961946111,"balance":50000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Wisconsin Department of Transportation","title":"Wisconsin Department of Transportation, Series 2024-2","isin":"US9771234R69","value_usd":57361.5,"pct_val":0.223286576377,"balance":50000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"State of Minnesota","title":"State of Minnesota, Series 2021B","isin":"US60412AXC25","value_usd":57332,"pct_val":0.223171744059,"balance":55000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"University of Washington","title":"University of Washington, Series 2021A","isin":"US91523NVY92","value_usd":57180.2,"pct_val":0.222580844199,"balance":55000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Commonwealth of Massachusetts","title":"Commonwealth of Massachusetts, Series 2024B","isin":"US57582R8A79","value_usd":57016.85,"pct_val":0.221944984568,"balance":55000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"City of San Antonio TX Electric & Gas Systems Revenue","title":"City of San Antonio, Series 2024 A","isin":"US79625GJH74","value_usd":56864.5,"pct_val":0.221351943767,"balance":50000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"State of Illinois","title":"State of Illinois, Series 2017A","isin":"US452152T355","value_usd":56808.4,"pct_val":0.221133567732,"balance":55000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Lower Colorado River Authority","title":"Lower Colorado River Authority, Series 2025","isin":"US54811BR866","value_usd":56591.15,"pct_val":0.220287895831,"balance":55000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"City of Corpus Christi TX Utility System Revenue","title":"City of Corpus Christi, Series 2024","isin":"US2202452L71","value_usd":56552.1,"pct_val":0.220135888983,"balance":55000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"New York City Transitional Finance Authority Future Tax Secured Revenue","title":"New York City Transitional Finance Authority, Series 2022D1","isin":"US64971XN950","value_usd":56413.5,"pct_val":0.21959637172,"balance":50000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Loudoun County Economic Development Authority","title":"Loudoun County Economic Development Authority, Series 2020A","isin":"US54589SFX71","value_usd":56258.4,"pct_val":0.218992626212,"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 Allegheny PA","title":"County of Allegheny, Series C-75","isin":"US01728VSK79","value_usd":56050.5,"pct_val":0.218183350317,"balance":55000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Loudoun County Economic Development Authority","title":"Loudoun County Economic Development Authority, Series 2022A","isin":"US54601TAB26","value_usd":56029.2,"pct_val":0.218100437491,"balance":60000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"State of Hawaii","title":"State of Hawaii, Series FG","isin":"US419792LH77","value_usd":56025.75,"pct_val":0.218087007949,"balance":55000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Georgia Ports Authority","title":"Georgia Ports Authority, Series 2021","isin":"US373586GF75","value_usd":55999.5,"pct_val":0.217984826649,"balance":50000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Central Puget Sound Regional Transit Authority","title":"Central Puget Sound Regional Transit Authority, Series 2021 S 1","isin":"US155048EE71","value_usd":55876.7,"pct_val":0.217506812797,"balance":55000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Pennsylvania Turnpike Commission","title":"Pennsylvania Turnpike Commission, Series 2024","isin":"US709225LE48","value_usd":55739,"pct_val":0.216970798892,"balance":50000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"State of Washington","title":"State of Washington, Series 2017B","isin":"US93974DXV53","value_usd":55708.95,"pct_val":0.216853825633,"balance":55000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Dallas Independent School District","title":"Dallas Independent School District, Series 2024","isin":"US235308P314","value_usd":55221.5,"pct_val":0.214956367553,"balance":50000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Black Belt Energy Gas District","title":"Black Belt Energy Gas District, Series 2023C","isin":"US09182TDB08","value_usd":54946,"pct_val":0.213883950482,"balance":50000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"San Antonio Water System","title":"San Antonio Water System, Series 2020A","isin":"US79642GHF28","value_usd":54931,"pct_val":0.213825561168,"balance":50000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Prosper Independent School District","title":"Prosper Independent School District, Series 2024","isin":"US7436003N64","value_usd":54748,"pct_val":0.213113211535,"balance":50000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Aldine Independent School District","title":"Aldine Independent School District, Series 2024B","isin":"US014393C592","value_usd":54711,"pct_val":0.21296918456,"balance":50000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"State of Florida","title":"State of Florida, Series 2017A","isin":"US3411502N91","value_usd":54618.85,"pct_val":0.21261047954,"balance":55000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"School District of Broward County/FL","title":"School District of Broward County, Series 2020A","isin":"US115065C446","value_usd":54592.5,"pct_val":0.212507908978,"balance":50000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Rhode Island Commerce Corp.","title":"Rhode Island Commerce Corp., Series 2020A","isin":"US762232BU99","value_usd":54433.5,"pct_val":0.211888982248,"balance":50000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Southeast Energy Authority A Cooperative District","title":"Southeast Energy Authority A Cooperative District, Series 2024C","isin":"US84136HAH66","value_usd":54019,"pct_val":0.210275490866,"balance":50000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"County of Mecklenburg NC","title":"County of Mecklenburg, Series 2021","isin":"US584002XT19","value_usd":54005.5,"pct_val":0.210222940483,"balance":50000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Austin Independent School District","title":"Austin Independent School District, Series 2024","isin":"US052430WW15","value_usd":53752,"pct_val":0.209236161073,"balance":50000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Dallas Area Rapid Transit","title":"Dallas Area Rapid Transit, Series 2007","isin":"US235241EX08","value_usd":53750,"pct_val":0.209228375831,"balance":50000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Idaho Housing & Finance Association","title":"Idaho Housing & Finance Association, Series 2019A","isin":"US45129WPM63","value_usd":53720.5,"pct_val":0.209113543513,"balance":50000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"County of Clark NV Passenger Facility Charge Revenue","title":"County of Clark, Series 2019E","isin":"US181006HS94","value_usd":53624,"pct_val":0.208737905592,"balance":50000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"State of Oregon Department of Transportation","title":"State of Oregon Department of Transportation, Series 2020A","isin":"US68607DUU70","value_usd":53617.5,"pct_val":0.208712603556,"balance":50000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Dallas Independent School District","title":"Dallas Independent School District, Series 2024","isin":"US235308P645","value_usd":53602.5,"pct_val":0.208654214242,"balance":50000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Energy Northwest","title":"Energy Northwest, Series 2020A","isin":"US29270C3U79","value_usd":53497,"pct_val":0.208243542732,"balance":50000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"State of North Carolina","title":"State of North Carolina, Series 2021","isin":"US658268EU77","value_usd":52513.5,"pct_val":0.204415150032,"balance":50000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"State of Illinois","title":"State of Illinois, Series 2018 A","isin":"US4521522Q32","value_usd":52445,"pct_val":0.204148505497,"balance":50000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Pennsylvania Turnpike Commission","title":"Pennsylvania Turnpike Commission, Series 2017","isin":"US709224A411","value_usd":52319,"pct_val":0.203658035258,"balance":50000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"State of Wisconsin Environmental Improvement Fund Revenue","title":"State of Wisconsin, Series 2024A","isin":"US97709TEJ16","value_usd":51997.95,"pct_val":0.202408309303,"balance":45000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"City of Dallas TX","title":"City of Dallas, Series 2024C","isin":"US235219YS58","value_usd":51995.7,"pct_val":0.202399550906,"balance":45000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"State of Florida Department of Transportation","title":"State of Florida Department of Transportation, Series 2021A","isin":"US34160DAU00","value_usd":51793.5,"pct_val":0.201612462951,"balance":50000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Pierce County School District No. 3 Puyallup","title":"Pierce County School District No. 3 Puyallup, Series 2017","isin":"US720390ZL07","value_usd":51679.5,"pct_val":0.201168704163,"balance":50000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Texas Water Development Board","title":"Texas Water Development Board, Series 2017A","isin":"US882854ZV77","value_usd":51561.5,"pct_val":0.200709374892,"balance":50000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Oklahoma Turnpike Authority","title":"Oklahoma Turnpike Authority, Series 2020 A","isin":"US679111A879","value_usd":51239,"pct_val":0.199454004637,"balance":50000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Grand Parkway Transportation Corp.","title":"Grand Parkway Transportation Corp., Series 2018 A","isin":"US38611TBQ94","value_usd":51207.5,"pct_val":0.199331387077,"balance":50000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Kentucky State Property & Building Commission","title":"Kentucky State Property & Building Commission, Series B","isin":"US49151FNM85","value_usd":51029.5,"pct_val":0.198638500549,"balance":50000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"New York City Transitional Finance Authority Future Tax Secured Revenue","title":"New York City Transitional Finance Authority, Series 2017E1","isin":"US64971W4X56","value_usd":50950,"pct_val":0.198329037183,"balance":50000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Lower Colorado River Authority","title":"Lower Colorado River Authority, Series 2021","isin":"US54811BWX53","value_usd":50797,"pct_val":0.197733466179,"balance":50000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"University of North Texas System","title":"University of North Texas System, Series 2022","isin":"US914729WH72","value_usd":50639.5,"pct_val":0.19712037838,"balance":50000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Town of Davie FL","title":"Town of Davie, Series 2018","isin":"US23867PBU12","value_usd":50500.5,"pct_val":0.196579304068,"balance":50000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"New York City Transitional Finance Authority Future Tax Secured Revenue","title":"New York City Transitional Finance Authority Future Tax Secured, Series FISCAL 2023B SUB B-1","isin":"US64971X2N74","value_usd":50459.85,"pct_val":0.196421069027,"balance":45000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"County of Miami-Dade FL","title":"County of Miami-Dade, Series 2016A","isin":"US59333FSU56","value_usd":50439,"pct_val":0.19633990788,"balance":50000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"City of New York NY","title":"City of New York, Series 2024D","isin":"US64966SCQ75","value_usd":50209.5,"pct_val":0.195446551373,"balance":55000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Middleton-Cross Plains Area School District/WI","title":"Middleton-Cross Plains Area School District, Series 2019A","isin":"US596697QV75","value_usd":50066,"pct_val":0.194887960267,"balance":50000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"State of Hawaii","title":"State of Hawaii, Series EZ","isin":"US419792CN47","value_usd":50000,"pct_val":0.349764397302,"balance":50000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Orlando Utilities Commission","title":"Orlando Utilities Commission, Series 2013A","isin":"US686507GB47","value_usd":50000,"pct_val":0.349764397302,"balance":50000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Louisiana Public Facilities Authority","title":"Louisiana Public Facilities Authority, Series 2023A","isin":"US546399QF63","value_usd":49807.8,"pct_val":0.193882885539,"balance":45000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"City of Austin TX","title":"City of Austin, Series 2024","isin":"US052397S238","value_usd":49735.35,"pct_val":0.193600865152,"balance":45000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Gregory-Portland Independent School District/TX","title":"Gregory-Portland Independent School District, Series 2023","isin":"US397586SW95","value_usd":49351.5,"pct_val":0.192106682602,"balance":45000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"State of Minnesota","title":"State of Minnesota, Series 2020 A","isin":"US60412ATN36","value_usd":49343.4,"pct_val":0.192075152372,"balance":45000,"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, Series 2023B","isin":"US79766DVG14","value_usd":48946.05,"pct_val":0.190528419439,"balance":45000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"District of Columbia Income Tax Revenue","title":"District of Columbia, Series 2020C","isin":"US25477GSZ99","value_usd":48942,"pct_val":0.190512654324,"balance":45000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Texas State University System","title":"Texas State University System, Series 2024","isin":"US88278PJ543","value_usd":48729.6,"pct_val":0.189685861635,"balance":45000,"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 2025B1","isin":"US79773KNW08","value_usd":48459.6,"pct_val":0.18863485398,"balance":45000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"State of Utah","title":"State of Utah, Series 2020B","isin":"US917542XD99","value_usd":48381.75,"pct_val":0.18833181344,"balance":45000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Lewisville Independent School District","title":"Lewisville Independent School District, Series 2024","isin":"US52882PFP80","value_usd":48051,"pct_val":0.187044329062,"balance":45000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Indiana Finance Authority","title":"Indiana Finance Authority, Series 2021-1","isin":"US45505MJJ62","value_usd":47975.85,"pct_val":0.186751798598,"balance":45000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"State of Florida","title":"State of Florida, Series 2020 A","isin":"US34153QSW77","value_usd":47725.65,"pct_val":0.185777864837,"balance":45000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"State of Florida Department of Transportation Turnpike System Revenue","title":"State of Florida, Series 2019A","isin":"US343137ER21","value_usd":47716.65,"pct_val":0.185742831249,"balance":45000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"District of Columbia","title":"District of Columbia, Series 2018B","isin":"US25476FWT10","value_usd":47656.8,"pct_val":0.185509857885,"balance":45000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"State of Mississippi Gaming Tax Revenue","title":"State of Mississippi, Series 2019A","isin":"US605638BH71","value_usd":47604.6,"pct_val":0.185306663072,"balance":45000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"State of Florida Department of Transportation","title":"State of Florida Department of Transportation, Series 2018","isin":"US34160KAP57","value_usd":47570.85,"pct_val":0.185175287115,"balance":45000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Foothill-De Anza Community College District","title":"Foothill-De Anza Community College District, Series 2021A","isin":"US345102NL71","value_usd":47464,"pct_val":0.184759360567,"balance":50000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Killeen Independent School District","title":"Killeen Independent School District, Series 2018","isin":"US494152UP40","value_usd":47301.3,"pct_val":0.184126031139,"balance":45000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"City of Austin TX Water & Wastewater System Revenue","title":"City of Austin, Series 2017","isin":"US052477N445","value_usd":47055.6,"pct_val":0.183169614172,"balance":45000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Delaware Valley Regional Finance Authority","title":"Delaware Valley Regional Finance Authority, Series 2002","isin":"US246579GC42","value_usd":46909.6,"pct_val":0.182601291514,"balance":40000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Delaware Transportation Authority","title":"Delaware Transportation Authority, Series 2020","isin":"US246419BM64","value_usd":46885.05,"pct_val":0.18250572767,"balance":45000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Washington Metropolitan Area Transit Authority","title":"Washington Metropolitan Area Transit Authority, Series 2017B","isin":"US938782FG93","value_usd":46647.9,"pct_val":0.181582592613,"balance":45000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Pennsylvania Turnpike Commission Oil Franchise Tax Revenue","title":"Pennsylvania Turnpike Commission, Series 2022B","isin":"US709230AX41","value_usd":46606.05,"pct_val":0.181419686426,"balance":45000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"State of Florida","title":"State of Florida, Series 2022C","isin":"US34153QWP70","value_usd":46598.85,"pct_val":0.181391659555,"balance":45000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"District of Columbia","title":"District of Columbia, Series 2021D","isin":"US25476FYU64","value_usd":46482.3,"pct_val":0.180937974584,"balance":45000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"City of Fort Worth TX Water & Sewer System Revenue","title":"City of Fort Worth, Series 2020A","isin":"US349515G910","value_usd":46237.05,"pct_val":0.179983309297,"balance":45000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"State of Louisiana","title":"State of Louisiana, Series 2023","isin":"US54641CBL81","value_usd":46116.8,"pct_val":0.179515221629,"balance":40000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Long Beach Bond Finance Authority","title":"Long Beach Bond Finance Authority, Series 2007A","isin":"US54241AAX19","value_usd":46036,"pct_val":0.179200697856,"balance":40000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"State of Georgia","title":"State of Georgia, Series 2016E","isin":"US3733846V36","value_usd":46029.6,"pct_val":0.179175785082,"balance":45000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"State of Alaska International Airports System","title":"State of Alaska, Series 2025A","isin":"US011842VC26","value_usd":45857.2,"pct_val":0.178504697231,"balance":40000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Central Florida Expressway Authority","title":"Central Florida Expressway Authority, Series 2018","isin":"US153476EJ15","value_usd":45804.6,"pct_val":0.178299945369,"balance":45000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"New Mexico Finance Authority","title":"New Mexico Finance Authority, Series 2018A","isin":"US64711RMA13","value_usd":45800.98,"pct_val":0.320391043311,"balance":45000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"State of Connecticut Special Tax Revenue","title":"State of Connecticut, Series 2024A2","isin":"US207758T944","value_usd":45706.4,"pct_val":0.177917689992,"balance":40000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"State of Washington","title":"State of Washington, Series 2017A","isin":"US93974DXA17","value_usd":45577.35,"pct_val":0.177415347259,"balance":45000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"State of Minnesota","title":"State of Minnesota, Series 2022D","isin":"US60412AA525","value_usd":45262,"pct_val":0.176187809244,"balance":40000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"State of Washington","title":"State of Washington, Series 2016C","isin":"US93974DVA35","value_usd":45085.95,"pct_val":0.175502513327,"balance":45000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Elk Grove Unified School District","title":"Elk Grove Unified School District, Series 2023","isin":"US287281YW31","value_usd":45059.85,"pct_val":0.17540091592,"balance":45000,"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 2022A","isin":"US13068XAN93","value_usd":45009.6,"pct_val":0.175205311717,"balance":40000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Michigan Finance Authority","title":"Michigan Finance Authority, Series 2016B","isin":"US59447TNV16","value_usd":45000,"pct_val":0.314787957572,"balance":45000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Iowa Finance Authority","title":"Iowa Finance Authority, Series 2021A","isin":"US46247SAQ75","value_usd":44447.6,"pct_val":0.173017658746,"balance":40000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Merrillville Multi School Building Corp.","title":"Merrillville Multi School Building Corp., Series 2022","isin":"US590252QW58","value_usd":44250.8,"pct_val":0.172251590944,"balance":40000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"County of Wake NC","title":"County of Wake, Series 2021","isin":"US930876FJ11","value_usd":44103.6,"pct_val":0.171678597141,"balance":45000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"County of Miami-Dade FL Water & Sewer System Revenue","title":"County of Miami-Dade, Series 2025 A","isin":"US59334DQN74","value_usd":43817.85,"pct_val":0.170566280705,"balance":45000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Intermountain Power Agency","title":"Intermountain Power Agency, Series 2023A","isin":"US45884AF409","value_usd":43810.4,"pct_val":0.170537280679,"balance":40000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Merrillville Multi School Building Corp.","title":"Merrillville Multi School Building Corp., Series 2022","isin":"US590252QY15","value_usd":43634.4,"pct_val":0.169852179393,"balance":40000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Foothill-De Anza Community College District","title":"Foothill-De Anza Community College District, Series 2021A","isin":"US345102NK98","value_usd":43497.9,"pct_val":0.169320836634,"balance":45000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Clark County School District","title":"Clark County School District, Series 2020A","isin":"US181059N932","value_usd":43424,"pct_val":0.169033171946,"balance":40000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Long Island Power Authority","title":"Long Island Power Authority, Series 2020 A","isin":"US542691DJ68","value_usd":43207.2,"pct_val":0.168189251725,"balance":40000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Polk County School District","title":"Polk County School District, Series 2019","isin":"US731127DB93","value_usd":43159.2,"pct_val":0.16800240592,"balance":40000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"New York City Transitional Finance Authority Building Aid Revenue","title":"New York City Transitional Finance Authority, Series 2020S1B","isin":"US64972H3M26","value_usd":43144.65,"pct_val":0.167945768285,"balance":45000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"State of Mississippi","title":"State of Mississippi, Series 2021C","isin":"US605581PM34","value_usd":42258.4,"pct_val":0.164495932972,"balance":40000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"City of Memphis TN","title":"City of Memphis, Series 2018","isin":"US586145U513","value_usd":42230.7,"pct_val":0.164388107371,"balance":45000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Intermountain Power Agency","title":"Intermountain Power Agency, Series 2022A","isin":"US45884AB770","value_usd":42169.2,"pct_val":0.164148711183,"balance":40000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"State of Minnesota","title":"State of Minnesota, Series 2022A","isin":"US60412AXX61","value_usd":41610,"pct_val":0.16197195755,"balance":40000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Springfield School District No. R-12","title":"Springfield School District No. R-12, Series 2019","isin":"US851035UE39","value_usd":41525.2,"pct_val":0.161641863294,"balance":40000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"State of Washington","title":"State of Washington, Series 2019A","isin":"US93974D4H89","value_usd":41221.6,"pct_val":0.160460063575,"balance":40000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"State of Wisconsin","title":"State of Wisconsin, Series 2025-2","isin":"US97705MM446","value_usd":40559.62,"pct_val":0.283726220882,"balance":40000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"County of King WA Sewer Revenue","title":"County of King, Series 2016B","isin":"US4952894F40","value_usd":40456.8,"pct_val":0.157482987076,"balance":40000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"State of Ohio","title":"State of Ohio, Series 2019-1","isin":"US677581HD59","value_usd":40191.08,"pct_val":0.281148177463,"balance":40000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"New York State Environmental Facilities Corp.","title":"New York State Environmental Facilities Corp., Series 2024A","isin":"US64986DNZ41","value_usd":40049.8,"pct_val":0.155898690351,"balance":35000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"New Jersey Educational Facilities Authority","title":"New Jersey Educational Facilities Authority, Series 2021C","isin":"US646067CG18","value_usd":39808.8,"pct_val":0.154960568703,"balance":40000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"State of North Carolina","title":"State of North Carolina, Series 2020B","isin":"US65829QEG55","value_usd":39669.6,"pct_val":0.154418715867,"balance":40000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Multnomah County School District No. 1J Portland","title":"Multnomah County School District No. 1J Portland, Series 2020B","isin":"US625517LP08","value_usd":39639.2,"pct_val":0.154300380191,"balance":40000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Indiana Finance Authority","title":"Indiana Finance Authority, Series 2021-1","isin":"US45505MJP23","value_usd":39187.05,"pct_val":0.15254033163,"balance":35000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Sales Tax Securitization Corp.","title":"Sales Tax Securitization Corp., Series 2024A","isin":"US79467BHQ14","value_usd":38848.6,"pct_val":0.151222874071,"balance":35000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"State of Colorado","title":"State of Colorado, Series 2020A","isin":"US196711SD84","value_usd":38538.85,"pct_val":0.150017134733,"balance":35000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Nassau County Interim Finance Authority","title":"Nassau County Interim Finance Authority, Series 2021A","isin":"US631663QW46","value_usd":37851.8,"pct_val":0.147342709512,"balance":35000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Lewisville Independent School District","title":"Lewisville Independent School District, Series 2020","isin":"US52882PEK03","value_usd":37672.95,"pct_val":0.146646514256,"balance":35000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"New Jersey Economic Development Authority","title":"New Jersey Economic Development Authority, Series 2020A","isin":"US64577XAW65","value_usd":37660.7,"pct_val":0.14659882965,"balance":35000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"City of New York NY","title":"City of New York, Series 2025F","isin":"US64966SKV78","value_usd":37341.85,"pct_val":0.145357667461,"balance":35000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"New Jersey Transportation Trust Fund Authority","title":"New Jersey Transportation Trust Fund Authority, Series 2018A","isin":"US6461364D01","value_usd":37117.5,"pct_val":0.144484357952,"balance":35000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"City of Austin TX Water & Wastewater System Revenue","title":"City of Austin, Series 2024","isin":"US052477YS96","value_usd":36930.95,"pct_val":0.143758189514,"balance":35000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"State of Ohio","title":"State of Ohio, Series 2018-1","isin":"US677581GW40","value_usd":35372.75,"pct_val":0.137692707557,"balance":35000,"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 Transportation Commission","title":"San Diego County Regional Transportation Commission, Series 2023A","isin":"US797400PQ59","value_usd":35341.5,"pct_val":0.137571063152,"balance":30000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"State of Ohio","title":"State of Ohio, Series 2018A","isin":"US677522YF58","value_usd":35275.65,"pct_val":0.246763329234,"balance":35000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"University of Pittsburgh-of the Commonwealth System of Higher Education","title":"University of Pittsburgh-of the Commonwealth System of Higher Education, Series 2021","isin":"US91335VKW53","value_usd":35177.08,"pct_val":0.246073803701,"balance":35000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"County of Travis TX","title":"County of Travis, Series 2016A","isin":"US89453PYF07","value_usd":35134.4,"pct_val":0.136764901354,"balance":35000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Lone Star College System","title":"Lone Star College System, Series 2016","isin":"US542264GQ30","value_usd":35089.6,"pct_val":0.136590511936,"balance":35000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"State of North Carolina","title":"State of North Carolina, Series 2013A","isin":"US65829QBG82","value_usd":34632.6,"pct_val":0.24226500932,"balance":35000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"New York State Dormitory Authority","title":"New York State Dormitory Authority, Series 2016A","isin":"US64990CJE21","value_usd":34220.9,"pct_val":0.13320899212,"balance":35000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Lower Colorado River Authority","title":"Lower Colorado River Authority, Series 2024","isin":"US54811GN633","value_usd":34000.5,"pct_val":0.132351058464,"balance":30000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"State of Colorado","title":"State of Colorado, Series 2021A","isin":"US196711TW56","value_usd":33597,"pct_val":0.130780385912,"balance":30000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Long Beach Bond Finance Authority","title":"Long Beach Bond Finance Authority, Series 2007A","isin":"US54241AAW36","value_usd":33468.6,"pct_val":0.130280573383,"balance":30000,"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 Transportation Commission","title":"San Diego County Regional Transportation Commission, Series 2023A","isin":"US797400PJ17","value_usd":33066.01,"pct_val":0.231306261177,"balance":30000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Hays Consolidated Independent School District","title":"Hays Consolidated Independent School District, Series 2023","isin":"US4211107T89","value_usd":32988,"pct_val":0.128409779757,"balance":30000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Palm Beach County School District","title":"Palm Beach County School District, Series 2020A","isin":"US696550G973","value_usd":32618.1,"pct_val":0.126969899269,"balance":30000,"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, Series 2024B","isin":"US79766DXC81","value_usd":32577.6,"pct_val":0.12681224812,"balance":30000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"State of Minnesota","title":"State of Minnesota, Series 2019A","isin":"US60412ARB16","value_usd":32332.2,"pct_val":0.12585699894,"balance":30000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"New Jersey Economic Development Authority","title":"New Jersey Economic Development Authority, Series 2020A","isin":"US64577XAX49","value_usd":32186.4,"pct_val":0.125289454806,"balance":30000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"City of Chicago IL","title":"City of Chicago, Series 2024B","isin":"US167486T825","value_usd":31895.1,"pct_val":0.124155534325,"balance":30000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Energy Northwest","title":"Energy Northwest, Series 2019A","isin":"US29270C2U88","value_usd":31767.3,"pct_val":0.123658057368,"balance":30000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"San Antonio Water System","title":"San Antonio Water System, Series 2024B","isin":"US79642GRQ72","value_usd":31635.9,"pct_val":0.123146566976,"balance":30000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Port Authority of Houston of Harris County Texas","title":"Port Authority of Houston of Harris County Texas, Series 2020A2","isin":"US7342606E74","value_usd":31284,"pct_val":0.121776753665,"balance":30000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Cook Kane Lake & McHenry Counties Community College District No. 512","title":"Cook Kane Lake & McHenry Counties, Series 2020","isin":"US216181GV34","value_usd":31024.8,"pct_val":0.120767786316,"balance":30000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Missouri Highway & Transportation Commission","title":"Missouri Highway & Transportation Commission, Series 2022A","isin":"US60636WSZ94","value_usd":31009.8,"pct_val":0.120709397002,"balance":30000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"State of North Carolina","title":"State of North Carolina, Series 2025A","isin":"US65829QFL32","value_usd":31001.7,"pct_val":0.120677866772,"balance":30000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Bi-State Development Agency of the Missouri-Illinois Metropolitan District","title":"Bi-State Development Agency of the Missouri-Illinois Metropolitan District, Series 2019","isin":"US088632CD46","value_usd":30883.5,"pct_val":0.120217758976,"balance":30000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Illinois Finance Authority","title":"Illinois Finance Authority, Series 2017","isin":"US45204EXW38","value_usd":30750,"pct_val":0.11969809408,"balance":30000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Washington Metropolitan Area Transit Authority","title":"Washington Metropolitan Area Transit Authority, Series 2017B","isin":"US938782FS32","value_usd":30738.3,"pct_val":0.119652550415,"balance":30000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"New York State Dormitory Authority","title":"New York State Dormitory Authority, Series 2017A","isin":"US64990AGQ22","value_usd":30451.5,"pct_val":0.118536146728,"balance":30000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"New York State Dormitory Authority","title":"New York State Dormitory Authority, Series 2017A","isin":"US64990AGR05","value_usd":30403.8,"pct_val":0.118350468709,"balance":30000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Delaware Transportation Authority","title":"Delaware Transportation Authority, Series 2016","isin":"US246428D297","value_usd":30364.8,"pct_val":0.118198656492,"balance":30000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"North Carolina Municipal Power Agency No. 1","title":"North Carolina Municipal Power Agency No. 1, Series 2015A","isin":"US658203X335","value_usd":30090.6,"pct_val":0.117131299828,"balance":30000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Nebraska Public Power District","title":"Nebraska Public Power District, Series 2016B","isin":"US63968AJ979","value_usd":30046.5,"pct_val":0.116959635245,"balance":30000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"State of Maryland Department of Transportation","title":"State of Maryland, Series 2016","isin":"US574204D591","value_usd":30003.88,"pct_val":0.209885780098,"balance":30000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Commonwealth of Pennsylvania","title":"Commonwealth of Pennsylvania, Series 2022-1","isin":"US70914PX569","value_usd":30000,"pct_val":0.209858638381,"balance":30000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"JEA Water & Sewer System Revenue","title":"Jacksonville Electric Authority, Series 2017A","isin":"US46613P3E48","value_usd":30000,"pct_val":0.209858638381,"balance":30000,"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":"US13063D4H88","value_usd":30000,"pct_val":0.209858638381,"balance":30000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"New York City Municipal Water Finance Authority","title":"New York City Municipal Water Finance Authority, Series 2018EE","isin":"US64972GQX50","value_usd":30000,"pct_val":0.116778628371,"balance":30000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Nebraska Public Power District","title":"Nebraska Public Power District, Series 2016A","isin":"US63968AH320","value_usd":30000,"pct_val":0.116778628371,"balance":30000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"St Louis Community College District","title":"St. Louis Community College District, Series 2024","isin":"US85234LBE11","value_usd":29795.1,"pct_val":0.115981030339,"balance":30000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"New York Liberty Development Corp.","title":"New York Liberty Development Corp., Series 2005","isin":"US531127AC24","value_usd":29228.5,"pct_val":0.113775471311,"balance":25000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"State of Colorado","title":"State of Colorado, Series 2022","isin":"US196711UZ68","value_usd":28752.25,"pct_val":0.111921610586,"balance":25000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"State of Connecticut Special Tax Revenue","title":"State of Connecticut, Series 2024A2","isin":"US207758U769","value_usd":28506.75,"pct_val":0.110965972144,"balance":25000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Coast Community College District","title":"Coast Community College District, Series 2019F","isin":"US190335JW08","value_usd":28420.8,"pct_val":0.110631401373,"balance":30000,"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 Public Works Financing Authority","title":"Los Angeles County Public Works Financing Authority, Series 2022G","isin":"US54473EXG42","value_usd":27987.5,"pct_val":0.108944728718,"balance":25000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Pennsylvania Turnpike Commission","title":"Pennsylvania Turnpike Commission, Series 2021B","isin":"US709225DQ69","value_usd":27769.75,"pct_val":0.108097110507,"balance":25000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Washington Metropolitan Area Transit Authority Dedicated Revenue","title":"Washington Metropolitan Area Transit Authority, Series 2020A","isin":"US93878YAM12","value_usd":27212.25,"pct_val":0.105926974329,"balance":25000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Washington Metropolitan Area Transit Authority Dedicated Revenue","title":"Washington Metropolitan Area Transit Authority, Series 2020A","isin":"US93878YAP43","value_usd":26989.25,"pct_val":0.105058919858,"balance":25000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"State of Florida Department of Transportation Turnpike System Revenue","title":"State of Florida, Series 2019A","isin":"US343137EM34","value_usd":26529,"pct_val":0.103267341068,"balance":25000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Commonwealth of Massachusetts","title":"Commonwealth of Massachusetts, Series 2019C","isin":"US57582RWR38","value_usd":26386.25,"pct_val":0.102711669428,"balance":25000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"City of Seattle WA","title":"City of Seattle, Series 2021A","isin":"US812627KD87","value_usd":26208,"pct_val":0.102017809745,"balance":25000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"State of Louisiana","title":"State of Louisiana, Series 2019A","isin":"US54641CAH88","value_usd":26014,"pct_val":0.101262641281,"balance":25000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"State of Washington","title":"State of Washington, Series 2024C","isin":"US93974EZ250","value_usd":26002.25,"pct_val":0.101216902985,"balance":25000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"State of Maryland","title":"State of Maryland, Series 2017A","isin":"US574193PN23","value_usd":25994.5,"pct_val":0.101186735173,"balance":25000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"State of Wisconsin","title":"State of Wisconsin, Series 2021-1","isin":"US97705MSK26","value_usd":25838.25,"pct_val":0.10057851315,"balance":25000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"State of Michigan","title":"State of Michigan, Series 2016","isin":"US594612DJ99","value_usd":25705.5,"pct_val":0.100061767719,"balance":25000,"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":"US13063D3J53","value_usd":25157.25,"pct_val":0.097927638286,"balance":25000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"South Carolina Transportation Infrastructure Bank","title":"South Carolina Transportation Infrastructure Bank, Series 2017A","isin":"US837152US47","value_usd":20658.4,"pct_val":0.080415320544,"balance":20000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Arizona Department of Transportation State Highway Fund Revenue","title":"Arizona Department of Transportation State Highway Fund, Series 2023","isin":"US040654YG41","value_usd":20254.6,"pct_val":0.078843480206,"balance":20000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"County of Harris TX Toll Road Revenue","title":"County of Harris, Series 2022A","isin":"US41423PCH82","value_usd":15584.7,"pct_val":0.060665329652,"balance":15000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"State of Georgia","title":"State of Georgia, Series 2016C","isin":"US3733843N47","value_usd":15187.95,"pct_val":0.059120932292,"balance":15000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"City of Raleigh NC","title":"City of Raleigh, Series 2024","isin":"US751120FS06","value_usd":15000,"pct_val":0.10492931919,"balance":15000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"State of Minnesota","title":"State of Minnesota, Series 2021A","isin":"US60412AWH21","value_usd":10654.8,"pct_val":0.041475097652,"balance":10000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"State of West Virginia","title":"State of West Virginia, Series 2019A","isin":"US956553H202","value_usd":10653.8,"pct_val":0.041471205031,"balance":10000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"State of Utah","title":"State of Utah, Series 2020","isin":"US917542WN80","value_usd":10629.1,"pct_val":0.041375057294,"balance":10000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Tri-County Metropolitan Transportation District of Oregon","title":"Tri-County Metropolitan Transportation District of Oregon, Series 2018A","isin":"US89546RPP37","value_usd":10485.8,"pct_val":0.040817244712,"balance":10000,"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 2023C","isin":"US13068XHB82","value_usd":10437.1,"pct_val":0.040627674072,"balance":10000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"City of Portland OR Sewer System Revenue","title":"City of Portland, Series 2018A","isin":"US736742ZJ93","value_usd":10053.6,"pct_val":0.039134853939,"balance":10000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"State of Arizona","title":"State of Arizona, Series 2019A","isin":"US040588G828","value_usd":10000,"pct_val":0.06995287946,"balance":10000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"City of Austin TX Water & Wastewater System Revenue","title":"City of Austin, Series 2017","isin":"US052477M942","value_usd":5211.65,"pct_val":0.020286977951,"balance":5000,"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=916620&type=NPORT&dateb=&owner=exclude&count=40"}],"dataset":{"json":"https://dealcharts.org/llm/facts/fund/northern-trust-tax-exempt-bond-etf.json","page":"https://dealcharts.org/capitalmarkets/funds/northern-trust-tax-exempt-bond-etf/"},"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: Northern Trust Tax-Exempt Bond ETF | LEI: 254900H10OQJQWTG5Q74 | 401 positions totaling $26,223,308 across DBT, STIV | 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"}