# EDGAR Filing Document

**Accession Number:** 0001474365
**File Stem:** 0001145549-23-019474
**Filing Date:** 2023-3
**Character Count:** 384861
**Document Hash:** 85ddd26fa06c6d5719d3423cae7db9c8
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001145549-23-019474.hdr.sgml**: 20230329

**ACCESSION NUMBER**: 0001145549-23-019474

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 3

**CONFORMED PERIOD OF REPORT**: 20230131

**FILED AS OF DATE**: 20230329

**DATE AS OF CHANGE**: 20230329

**PERIOD START**: 20231031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** CAPITAL GROUP PRIVATE CLIENT SERVICES FUNDS
- **CENTRAL INDEX KEY:** 0001474365
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22349
- **FILM NUMBER:** 23773568

**BUSINESS ADDRESS:**
- **STREET 1:** 6455 IRVINE CENTER DRIVE
- **CITY:** IRVINE
- **STATE:** CA
- **ZIP:** 92618
- **BUSINESS PHONE:** 213-486-9200

**MAIL ADDRESS:**
- **STREET 1:** 333 SOUTH HOPE STREET
- **CITY:** LOS ANGELES
- **STATE:** CA
- **ZIP:** 90071

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** CAPITAL PRIVATE CLIENT SERVICES FUNDS
- **DATE OF NAME CHANGE:** 20100323

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PERSONAL INVESTMENT MANAGEMENT PORTFOLIO SERIES
- **DATE OF NAME CHANGE:** 20091014

## Series and Classes Contracts Data

### Capital Group California Core Municipal Fund (Series ID: S000027396)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000082664 | Share class  | CCCMX           |

## Nport-Ex

![](img6b0cfd811.jpg)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

**Capital Group California Core Municipal Fund** <br>Investment portfolio <br>January 31, 2023

**unaudited**

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments 85.87%<br> **California 85.50%**<br>| Principal amount<br> (000)<br>| Value<br> (000)<br>|
| Alameda Corridor Transportation Auth., Rev. Ref. Bonds, Series 2016-A, 5.00% 10/1/2024 | USD600 | $622 |
| Alameda Corridor Transportation Auth., Rev. Ref. Bonds, Series 2016-A, 5.00% 10/1/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 500 | &nbsp;&nbsp;&nbsp;&nbsp; 521 |
| City of Alhambra, Insured Rev. Ref. Bonds (Atherton Baptist Homes Project), Series 2016, 5.00% 1/1/2027 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 630 | &nbsp;&nbsp;&nbsp;&nbsp; 680 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Antelope Valley Community College Dist., G.O. Bonds, Capital Appreciation Bonds, 2016 Election, <br>Series 2022-C, 0% 8/1/2029 | &nbsp;&nbsp;&nbsp;&nbsp; 1000 | &nbsp;&nbsp;&nbsp;&nbsp; 842 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Antelope Valley Community College Dist., G.O. Rev. Ref. Bonds, Capital Appreciation Bonds, <br>Series 2015, 0% 8/1/2035 (preref. 2/15/2025) | &nbsp;&nbsp;&nbsp;&nbsp; 2300 | &nbsp;&nbsp; 1401 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Antelope Valley Community College Dist., G.O. Rev. Ref. Bonds, Capital Appreciation Bonds, <br>Series 2015, 0% 8/1/2036 (preref. 2/15/2025) | &nbsp;&nbsp;&nbsp;&nbsp; 2800 | &nbsp;&nbsp; 1631 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Assn. of Bay Area Governments, Fin. Auth. for Nonprofit Corps., Rev. Ref. Bonds <br>(Eskaton Properties, Inc. Obligated Group), Series 2013, 5.00% 11/15/2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 500 | &nbsp;&nbsp;&nbsp;&nbsp; 504 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Assn. of Bay Area Governments, Fin. Auth. for Nonprofit Corps., Rev. Ref. Bonds <br>(Windemere Ranch Infrastructure Fncg. Program), Series 2014-A, 5.00% 9/2/2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 370 | &nbsp;&nbsp;&nbsp;&nbsp; 375 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Assn. of Bay Area Governments, Fin. Auth. for Nonprofit Corps., Rev. Ref. Bonds <br>(Windemere Ranch Infrastructure Fncg. Program), Series 2014-A, 5.00% 9/2/2024 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 395 | &nbsp;&nbsp;&nbsp;&nbsp; 411 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Assn. of Bay Area Governments, Fin. Auth. for Nonprofit Corps., Rev. Ref. Bonds <br>(Windemere Ranch Infrastructure Fncg. Program), Series 2014-A, 5.00% 9/2/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 510 | &nbsp;&nbsp;&nbsp;&nbsp; 531 |
| Bay Area Toll Auth., San Francisco Bay Area Toll Bridge Rev. Bonds, Series 2017-S-7, 4.00% 4/1/2031 | &nbsp;&nbsp;&nbsp;&nbsp; 2040 | &nbsp;&nbsp; 2179 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Bay Area Toll Auth., San Francisco Bay Area Toll Bridge Rev. Bonds, Series 2001-A, <br>(SIFMA Municipal Swap Index + 1.25%) 2.91% 4/1/2036 (put 4/1/2027)<sup>1</sup>  | &nbsp;&nbsp;&nbsp;&nbsp; 1000 | &nbsp;&nbsp; 1008 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Bay Area Toll Auth., San Francisco Bay Area Toll Bridge Rev. Bonds, Series 2013-S-4, <br>5.00% 4/1/2043 (preref. 4/1/2023) | &nbsp;&nbsp;&nbsp;&nbsp; 1000 | &nbsp;&nbsp; 1004 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Bay Area Toll Auth., San Francisco Bay Area Toll Bridge Rev. Bonds, Series 2008-B-1, <br>(SIFMA Municipal Swap Index + 1.10%) 2.76% 4/1/2045 (put 4/1/2024)<sup>1</sup>  | &nbsp;&nbsp;&nbsp;&nbsp; 4275 | &nbsp;&nbsp; 4298 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Bay Area Toll Auth., San Francisco Bay Area Toll Bridge Rev. Bonds, Series 2021-D, <br>(SIFMA Municipal Swap Index + 0.30%) 1.96% 4/1/2056 (put 4/1/2027)<sup>1</sup>  | &nbsp;&nbsp;&nbsp;&nbsp; 1895 | &nbsp;&nbsp; 1843 |
| Bay Area Toll Auth., San Francisco Bay Area Toll Bridge Rev. Ref. Bonds, Series 2017-S-7, 5.00% 4/1/2024 | &nbsp;&nbsp;&nbsp;&nbsp; 1275 | &nbsp;&nbsp; 1314 |
| Bay Area Water Supply and Conservation Agcy., Rev. Bonds, Series 2013-A, 5.00% 10/1/2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 500 | &nbsp;&nbsp;&nbsp;&nbsp; 502 |
| City of Beaumont, Wastewater Rev. Bonds, Series 2018-A, Assured Guaranty Municipal insured, 5.00% 9/1/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 500 | &nbsp;&nbsp;&nbsp;&nbsp; 548 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; California County Tobacco Securitization Agcy., Tobacco Settlement Rev. Bonds <br>(Los Angeles County Securitization Corp.), Series 2020-A, 5.00% 6/1/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 600 | &nbsp;&nbsp;&nbsp;&nbsp; 632 |
| Trustees of the California State University, Systemwide Rev. Bonds, Series 2015-A, 5.00% 11/1/2024 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 500 | &nbsp;&nbsp;&nbsp;&nbsp; 524 |
| Trustees of the California State University, Systemwide Rev. Bonds, Series 2016-A, 5.00% 11/1/2028 | &nbsp;&nbsp;&nbsp;&nbsp; 2705 | &nbsp;&nbsp; 2960 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Trustees of the California State University, Systemwide Rev. Bonds, Series 2016-B-2, <br>0.55% 11/1/2049 (put 11/1/2026) | &nbsp;&nbsp;&nbsp;&nbsp; 1980 | &nbsp;&nbsp; 1768 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Trustees of the California State University, Systemwide Rev. Bonds, Series 2016-B-3, <br>4.00% 11/1/2051 (put 11/1/2023) | &nbsp;&nbsp;&nbsp;&nbsp; 2500 | &nbsp;&nbsp; 2508 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Cathedral City, Successor Agcy. to the Redev. Agcy., Tax Allocation Housing Rev. Ref. Bonds <br>(Merged Redev. Project Area), Series 2021-C, BAM insured, 4.00% 8/1/2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 225 | &nbsp;&nbsp;&nbsp;&nbsp; 226 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Cathedral City, Successor Agcy. to the Redev. Agcy., Tax Allocation Housing Rev. Ref. Bonds <br>(Merged Redev. Project Area), Series 2014-B, Assured Guaranty Municipal insured, 5.00% 8/1/2024 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 260 | &nbsp;&nbsp;&nbsp;&nbsp; 269 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Cathedral City, Successor Agcy. to the Redev. Agcy., Tax Allocation Housing Rev. Ref. Bonds <br>(Merged Redev. Project Area), Series 2014-A, Assured Guaranty Municipal insured, 5.00% 8/1/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 620 | &nbsp;&nbsp;&nbsp;&nbsp; 645 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Cerritos Community College Dist., G.O. Bonds, Capital Appreciation Bonds, 2004 Election, Series 2012-D, <br>0% 8/1/2027 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 830 | &nbsp;&nbsp;&nbsp;&nbsp; 743 |
| Chabot-Las Positas Community College Dist., G.O. Rev. Ref. Bonds, Series 2016, 4.00% 8/1/2033 | &nbsp;&nbsp;&nbsp;&nbsp; 1580 | &nbsp;&nbsp; 1664 |
| City of Chino, Community Facs. Dist. No. 2003-3, Special Tax Bonds, Series 2021, 4.00% 9/1/2027 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 465 | &nbsp;&nbsp;&nbsp;&nbsp; 475 |

---

Capital Group California Core Municipal Fund — Page 1 of 23

------

**unaudited**

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued)<br> **California (continued)**<br>| Principal amount<br> (000)<br>| Value<br> (000)<br>|
| City of Chino, Community Facs. Dist. No. 2003-3, Special Tax Bonds, Series 2021, 4.00% 9/1/2028 | USD480 | $492 |
| City of Chino, Community Facs. Dist. No. 2003-3, Special Tax Bonds, Series 2021, 4.00% 9/1/2029 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 500 | &nbsp;&nbsp;&nbsp;&nbsp; 515 |
| City of Chino, Community Facs. Dist. No. 2003-3, Special Tax Bonds, Series 2021, 4.00% 9/1/2030 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 520 | &nbsp;&nbsp;&nbsp;&nbsp; 533 |
| City of Chino, Community Facs. Dist. No. 2003-3, Special Tax Bonds, Series 2021, 4.00% 9/1/2031 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 540 | &nbsp;&nbsp;&nbsp;&nbsp; 554 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Chino, Successor Agcy. to the Redev. Agcy., Tax Allocation Rev. Ref. Bonds, Series 2014-A, BAM insured, <br> 5.00% 9/1/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 665 | &nbsp;&nbsp;&nbsp;&nbsp; 692 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Chino Hills, Fin. Auth., Rev. Ref. Bonds (Community Facs. Dist. Bond Program), Series 2019-D, <br>5.00% 9/1/2024 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 465 | &nbsp;&nbsp;&nbsp;&nbsp; 479 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Chino Hills, Fin. Auth., Rev. Ref. Bonds (Community Facs. Dist. Bond Program), Series 2019-D, <br>5.00% 9/1/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 780 | &nbsp;&nbsp;&nbsp;&nbsp; 833 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Chino Hills, Fin. Auth., Rev. Ref. Bonds (Community Facs. Dist. Bond Program), Series 2019-D, <br>5.00% 9/1/2027 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 430 | &nbsp;&nbsp;&nbsp;&nbsp; 466 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Chino Hills, Fin. Auth., Rev. Ref. Bonds (Community Facs. Dist. Bond Program), Series 2019-D, <br>5.00% 9/1/2028 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 355 | &nbsp;&nbsp;&nbsp;&nbsp; 391 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Chino Hills, Fin. Auth., Rev. Ref. Bonds (Community Facs. Dist. Bond Program), Series 2019-D, <br>5.00% 9/1/2029 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 225 | &nbsp;&nbsp;&nbsp;&nbsp; 251 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Chino Hills, Fin. Auth., Rev. Ref. Bonds (Community Facs. Dist. Bond Program), Series 2019-D, <br>5.00% 9/1/2030 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 60 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 67 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Clovis Unified School Dist., G.O. Bonds, Capital Appreciation Bonds, 2004 Election, Series 2006-B, <br>National insured, 0% 8/1/2030 | &nbsp;&nbsp;&nbsp;&nbsp; 1000 | &nbsp;&nbsp;&nbsp;&nbsp; 808 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Community Choice Fncg. Auth., Clean Energy Project Rev. Green Bonds, Series 2021-B-1, <br>4.00% 2/1/2052 (put 8/1/2031) | &nbsp;&nbsp;&nbsp;&nbsp; 7475 | &nbsp;&nbsp; 7582 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Community Choice Fncg. Auth., Clean Energy Project Rev. Green Bonds, Series 2022-A-1, <br>4.00% 5/1/2053 (put 8/1/2028) | &nbsp;&nbsp;&nbsp;&nbsp; 6670 | &nbsp;&nbsp; 6776 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Community Choice Fncg. Auth., Clean Energy Project Rev. Green Bonds, Series 2023-B-1, <br>5.00% 7/1/2053 (put 8/1/2029) | &nbsp;&nbsp;&nbsp;&nbsp; 4215 | &nbsp;&nbsp; 4515 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Community Choice Fncg. Auth., Clean Energy Project Rev. Green Bonds, Series 2021-B-1, <br>5.00% 12/1/2053 (put 8/1/2029) | &nbsp;&nbsp;&nbsp;&nbsp; 3945 | &nbsp;&nbsp; 4214 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Compton Community College Dist., G.O. Rev. Ref. Bonds, Series 2014, BAM insured, <br>5.00% 7/1/2026 (preref. 7/1/2024) | &nbsp;&nbsp;&nbsp;&nbsp; 1290 | &nbsp;&nbsp; 1339 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Compton Community College Dist., G.O. Rev. Ref. Bonds, Series 2015, BAM insured, <br>5.00% 8/1/2029 (preref. 8/1/2025) | &nbsp;&nbsp;&nbsp;&nbsp; 1000 | &nbsp;&nbsp; 1068 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Compton Unified School Dist., G.O. Bonds, Capital Appreciation Bonds, 2015 Election, Series 2019-B, <br>BAM insured, 0% 6/1/2033 | &nbsp;&nbsp;&nbsp;&nbsp; 1000 | &nbsp;&nbsp;&nbsp;&nbsp; 688 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Concord, Successor Agcy. to the Redev. Agcy., Rev. Ref. Bonds, Series 2014, BAM insured, <br>5.00% 3/1/2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 825 | &nbsp;&nbsp;&nbsp;&nbsp; 827 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Corona-Norco Unified School Dist., Community Facs. Dist. No. 05-1, Special Tax Bonds, Series 2016, <br>5.00% 9/1/2036 | &nbsp;&nbsp;&nbsp;&nbsp; 2010 | &nbsp;&nbsp; 2096 |
| Del Mar Union School Dist., Community Facs. Dist. No. 99-1, Special Tax Bonds, Series 2019, 4.00% 9/1/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 400 | &nbsp;&nbsp;&nbsp;&nbsp; 413 |
| Del Mar Union School Dist., Community Facs. Dist. No. 99-1, Special Tax Bonds, Series 2019, 5.00% 9/1/2027 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 880 | &nbsp;&nbsp;&nbsp;&nbsp; 957 |
| Del Mar Union School Dist., Community Facs. Dist. No. 99-1, Special Tax Bonds, Series 2019, 5.00% 9/1/2028 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 925 | &nbsp;&nbsp; 1021 |
| Del Mar Union School Dist., Community Facs. Dist. No. 99-1, Special Tax Bonds, Series 2019, 5.00% 9/1/2029 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 675 | &nbsp;&nbsp;&nbsp;&nbsp; 755 |
| Desert Community College Dist., G.O. Rev. Ref. Bonds, Series 2016, 5.00% 8/1/2032 (preref. 2/1/2026) | &nbsp;&nbsp;&nbsp;&nbsp; 1885 | &nbsp;&nbsp; 2045 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Dublin, Community Facs. Dist. No. 2015-1 (Dublin Crossing), Improvement Area No. 3, Special Tax Bonds, <br> Series 2021, 3.00% 9/1/2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 205 | &nbsp;&nbsp;&nbsp;&nbsp; 204 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Dublin, Community Facs. Dist. No. 2015-1 (Dublin Crossing), Improvement Area No. 3, Special Tax Bonds, <br> Series 2021, 3.00% 9/1/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 265 | &nbsp;&nbsp;&nbsp;&nbsp; 262 |
| East Bay Municipal Utility Dist., Water System Rev. Ref. Bonds, Series 2015-A, 5.00% 6/1/2027 | &nbsp;&nbsp;&nbsp;&nbsp; 3550 | &nbsp;&nbsp; 3794 |
| Eastern Municipal Water Dist., Fin. Auth., Water and Wastewater Rev. Ref. Bonds, Series 2020-A, 2.75% 7/1/2028 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 535 | &nbsp;&nbsp;&nbsp;&nbsp; 549 |
| Eastern Municipal Water Dist., Water and Wastewater Rev. Ref. Bonds, Series 2021-A, 4.00% 7/1/2029 | &nbsp;&nbsp;&nbsp;&nbsp; 1210 | &nbsp;&nbsp; 1350 |
| Educational Facs. Auth., Rev. Bonds (Chapman University), Series 2021-A, 5.00% 4/1/2028 | &nbsp;&nbsp;&nbsp;&nbsp; 1375 | &nbsp;&nbsp; 1560 |
| Educational Facs. Auth., Rev. Ref. Bonds (Stanford University), Series 2009-T-5, 5.00% 3/15/2023 | &nbsp;&nbsp;&nbsp;&nbsp; 1290 | &nbsp;&nbsp; 1295 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of El Centro, Fncg. Auth., Wastewater Rev. Ref. Bonds, Series 2014-A, Assured Guaranty Municipal insured, <br> 5.00% 10/1/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 530 | &nbsp;&nbsp;&nbsp;&nbsp; 552 |

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Capital Group California Core Municipal Fund — Page 2 of 23

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**unaudited**

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| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued)<br> **California (continued)**<br>| Principal amount<br> (000)<br>| Value<br> (000)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of El Centro, Fncg. Auth., Wastewater Rev. Ref. Bonds, Series 2014-A, Assured Guaranty Municipal insured, <br> 5.00% 10/1/2027 | USD500 | $520 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of El Centro, Fncg. Auth., Wastewater Rev. Ref. Bonds, Series 2014-A, Assured Guaranty Municipal insured, <br> 5.00% 10/1/2030 | &nbsp;&nbsp;&nbsp;&nbsp; 1000 | &nbsp;&nbsp; 1038 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; County of El Dorado, Community Facs. Dist. No. 1992-1 (El Dorado Hills Dev.), Special Tax Rev. Ref. Bonds, <br>Series 2012, 5.00% 9/1/2024 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 855 | &nbsp;&nbsp;&nbsp;&nbsp; 857 |
| City of Elk Grove, Fin. Auth., Special Tax Rev. Bonds, Series 2015, BAM insured, 5.00% 9/1/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 580 | &nbsp;&nbsp;&nbsp;&nbsp; 614 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Elk Grove Unified School Dist., Community Facs. Dist. No. 1, Special Tax Rev. Ref. Bonds, Series 2012, <br>Assured Guaranty Municipal insured, 4.00% 12/1/2033 | &nbsp;&nbsp;&nbsp;&nbsp; 2535 | &nbsp;&nbsp; 2538 |
| Etiwanda School Dist., G.O. Bonds, 2016 Election, Series 2020-A, 4.00% 8/1/2029 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 570 | &nbsp;&nbsp;&nbsp;&nbsp; 624 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Fillmore, Successor Agcy. to the Redev. Agcy., Tax Allocation Rev. Ref. Bonds, Series 2015, BAM insured, <br> 5.00% 6/1/2024 | &nbsp;&nbsp;&nbsp;&nbsp; 1000 | &nbsp;&nbsp; 1033 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Folsom Cordova Unified School Dist., School Facs. Improvement Dist. No. 1, G.O. Bonds, <br>Capital Appreciation Bonds, 2002 Election, Series 2004-B, National insured, 0% 10/1/2026 | &nbsp;&nbsp;&nbsp;&nbsp; 1000 | &nbsp;&nbsp;&nbsp;&nbsp; 912 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Fontana, Community Facs. Dist. No. 22 (Sierra Hills South), Special Tax Bonds, Series 2014, <br>5.00% 9/1/2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 535 | &nbsp;&nbsp;&nbsp;&nbsp; 539 |
| City of Fontana, Community Facs. Dist. No. 86 (Etiwanda Ridge), Special Tax Bonds, Series 2020, 4.00% 9/1/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 100 | &nbsp;&nbsp;&nbsp;&nbsp; 103 |
| City of Fontana, Community Facs. Dist. No. 86 (Etiwanda Ridge), Special Tax Bonds, Series 2020, 4.00% 9/1/2027 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 120 | &nbsp;&nbsp;&nbsp;&nbsp; 124 |
| City of Fontana, Public Facs. Fin. Auth., Special Tax Rev. Ref. Bonds, Series 2021-A, 4.00% 9/1/2027 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 625 | &nbsp;&nbsp;&nbsp;&nbsp; 645 |
| City of Fontana, Public Facs. Fin. Auth., Special Tax Rev. Ref. Bonds, Series 2021-A, 4.00% 9/1/2029 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 390 | &nbsp;&nbsp;&nbsp;&nbsp; 404 |
| G.O. Bonds, Series 2021, 5.00% 10/1/2029 | &nbsp;&nbsp;&nbsp;&nbsp; 2000 | &nbsp;&nbsp; 2367 |
| G.O. Bonds, Series 2018, 5.00% 10/1/2030 | &nbsp;&nbsp;&nbsp;&nbsp; 1000 | &nbsp;&nbsp; 1157 |
| G.O. Bonds, Series 2021, 5.00% 12/1/2031 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 85 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 92 |
| G.O. Bonds, Series 2022, 5.00% 4/1/2032 | &nbsp;&nbsp;&nbsp;&nbsp; 3030 | &nbsp;&nbsp; 3744 |
| G.O. Bonds, Series 2021, 5.00% 12/1/2032 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 70 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 76 |
| G.O. Bonds, Series 2022, 5.00% 4/1/2033 | &nbsp;&nbsp;&nbsp;&nbsp; 1250 | &nbsp;&nbsp; 1540 |
| G.O. Bonds, Series 2021, 5.00% 12/1/2034 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 70 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 76 |
| G.O. Rev. Ref. Bonds, Series 2019, 5.00% 4/1/2027 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 745 | &nbsp;&nbsp;&nbsp;&nbsp; 833 |
| G.O. Rev. Ref. Bonds, Series 2019, 5.00% 4/1/2028 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 685 | &nbsp;&nbsp;&nbsp;&nbsp; 784 |
| G.O. Rev. Ref. Bonds, Series 2019, 5.00% 10/1/2029 | &nbsp;&nbsp;&nbsp;&nbsp; 1000 | &nbsp;&nbsp; 1183 |
| G.O. Rev. Ref. Bonds, Series 2017, 5.00% 11/1/2029 | &nbsp;&nbsp;&nbsp;&nbsp; 6000 | &nbsp;&nbsp; 6787 |
| G.O. Rev. Ref. Bonds, Series 2020, 5.00% 11/1/2029 | &nbsp;&nbsp;&nbsp;&nbsp; 6500 | &nbsp;&nbsp; 7705 |
| G.O. Rev. Ref. Bonds, Series 2021, 5.00% 9/1/2030 | &nbsp;&nbsp;&nbsp;&nbsp; 3500 | &nbsp;&nbsp; 4215 |
| G.O. Rev. Ref. Bonds, Series 2020, 5.00% 11/1/2030 | &nbsp;&nbsp;&nbsp;&nbsp; 4065 | &nbsp;&nbsp; 4913 |
| G.O. Rev. Ref. Bonds, Series 2021, 5.00% 12/1/2030 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 520 | &nbsp;&nbsp;&nbsp;&nbsp; 629 |
| G.O. Rev. Ref. Bonds, Series 2019, 5.00% 4/1/2031 | &nbsp;&nbsp;&nbsp;&nbsp; 3000 | &nbsp;&nbsp; 3650 |
| G.O. Rev. Ref. Bonds, Series 2016, 4.00% 9/1/2031 | &nbsp;&nbsp;&nbsp;&nbsp; 2205 | &nbsp;&nbsp; 2336 |
| G.O. Rev. Ref. Bonds, Series 2021, 5.00% 9/1/2031 | &nbsp;&nbsp;&nbsp;&nbsp; 2500 | &nbsp;&nbsp; 3065 |
| G.O. Rev. Ref. Bonds, Series 2020, 5.00% 3/1/2032 | &nbsp;&nbsp;&nbsp;&nbsp; 4000 | &nbsp;&nbsp; 4757 |
| G.O. Rev. Ref. Bonds, Series 2007, Assured Guaranty Municipal insured, 5.25% 8/1/2032 | &nbsp;&nbsp;&nbsp;&nbsp; 2000 | &nbsp;&nbsp; 2486 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Glendale, Successor Agcy. to the Redev. Agcy., Tax Allocation Rev. Ref. Bonds <br>(Central Glendale Redev. Project), Series 2016, BAM insured, 5.00% 12/1/2024 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 425 | &nbsp;&nbsp;&nbsp;&nbsp; 444 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Golden State Tobacco Securitization Corp., Enhanced Tobacco Settlement Asset-Backed Bonds, <br>Capital Appreciation Bonds, Series 2005-A, AMBAC insured, 0% 6/1/2024 (escrowed to maturity) | &nbsp;&nbsp;&nbsp;&nbsp; 2000 | &nbsp;&nbsp; 1937 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Greenfield Elementary School Dist., G.O. Bonds, Capital Appreciation Bonds, 2006 Election, Series 2007-A, <br> Assured Guaranty Municipal insured, 0% 8/1/2029 | &nbsp;&nbsp;&nbsp;&nbsp; 1270 | &nbsp;&nbsp; 1042 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Grossmont Healthcare Dist., G.O. Bonds, Capital Appreciation Bonds, 2006 Election, Series 2007-A, <br>AMBAC insured, 0% 7/15/2032 | &nbsp;&nbsp;&nbsp;&nbsp; 1500 | &nbsp;&nbsp; 1131 |
| Grossmont Healthcare Dist., G.O. Rev. Ref. Bonds, Series 2021-E, 5.00% 7/15/2030 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 500 | &nbsp;&nbsp;&nbsp;&nbsp; 592 |
| Grossmont Healthcare Dist., G.O. Rev. Ref. Bonds, Series 2021-E, 5.00% 7/15/2031 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 625 | &nbsp;&nbsp;&nbsp;&nbsp; 754 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Hawthorne, Successor Agcy. to the Redev. Agcy., Tax Allocation Rev. Ref. Bonds, Series 2016, <br>Assured Guaranty Municipal insured, 5.00% 9/1/2024 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 250 | &nbsp;&nbsp;&nbsp;&nbsp; 260 |
| Health Facs. Fncg. Auth., Rev. Bonds (Adventist Health System/West), Series 2013-A, 5.00% 3/1/2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 910 | &nbsp;&nbsp;&nbsp;&nbsp; 912 |
| Health Facs. Fncg. Auth., Rev. Bonds (Adventist Health System/West), Series 2013-A, 5.00% 3/1/2024 | &nbsp;&nbsp;&nbsp;&nbsp; 1105 | &nbsp;&nbsp; 1107 |
| Health Facs. Fncg. Auth., Rev. Bonds (Cedars-Sinai Medical Center), Series 2016-A, 5.00% 8/15/2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 650 | &nbsp;&nbsp;&nbsp;&nbsp; 659 |

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| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued)<br> **California (continued)**<br>| Principal amount<br> (000)<br>| Value<br> (000)<br>|
| Health Facs. Fncg. Auth., Rev. Bonds (El Camino Hospital), Series 2017, 5.00% 2/1/2025 | USD1,000 | $1048 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Health Facs. Fncg. Auth., Rev. Bonds (Lucile Salter Packard Children's Hospital at Stanford), Series 2014-A, <br>5.00% 8/15/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 400 | &nbsp;&nbsp;&nbsp;&nbsp; 415 |
| Health Facs. Fncg. Auth., Rev. Bonds (PIH Health), Series 2020-A, 5.00% 6/1/2030 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1900 | &nbsp;&nbsp; 2131 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Health Facs. Fncg. Auth., Rev. Bonds (Providence St. Joseph Health), Series 2019-B, <br>5.00% 10/1/2039 (put 10/1/2027) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3135 | &nbsp;&nbsp; 3462 |
| Health Facs. Fncg. Auth., Rev. Bonds (Stanford Health Care), Series 2021-A, 3.00% 8/15/2054 (put 8/15/2025) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1000 | &nbsp;&nbsp; 1008 |
| Health Facs. Fncg. Auth., Rev. Bonds (Sutter Health), Series 2018-A, 5.00% 11/15/2024 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3000 | &nbsp;&nbsp; 3136 |
| Health Facs. Fncg. Auth., Rev. Bonds (Sutter Health), Series 2016-A, 5.00% 11/15/2026 (preref. 11/15/2025) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 300 | &nbsp;&nbsp;&nbsp;&nbsp; 323 |
| Health Facs. Fncg. Auth., Rev. Bonds (Sutter Health), Series 2018-A, 5.00% 11/15/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2300 | &nbsp;&nbsp; 2527 |
| Health Facs. Fncg. Auth., Rev. Bonds (Sutter Health), Series 2013-A, 5.00% 8/15/2052 (preref. 8/15/2023) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1665 | &nbsp;&nbsp; 1690 |
| Health Facs. Fncg. Auth., Rev. Ref. Bonds (Adventist Health System/West), Series 2016-A, 4.00% 3/1/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1270 | &nbsp;&nbsp; 1300 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Health Facs. Fncg. Auth., Rev. Ref. Bonds (Lucile Salter Packard Children's Hospital at Stanford), Series 2022-A, <br> 5.00% 5/15/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 830 | &nbsp;&nbsp;&nbsp;&nbsp; 902 |
| Health Facs. Fncg. Auth., Rev. Ref. Bonds (Marshall Medical Center), Series 2015, 5.00% 11/1/2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 135 | &nbsp;&nbsp;&nbsp;&nbsp; 138 |
| Health Facs. Fncg. Auth., Rev. Ref. Bonds (Stanford Health Care), Series 2017-A, 5.00% 11/15/2024 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1000 | &nbsp;&nbsp; 1048 |
| Health Facs. Fncg. Auth., Rev. Ref. Bonds (Stanford Health Care), Series 2017-A, 5.00% 11/15/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1750 | &nbsp;&nbsp; 1936 |
| Health Facs. Fncg. Auth., Rev. Ref. Bonds (Stanford Health Care), Series 2017-A, 5.00% 11/15/2032 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4575 | &nbsp;&nbsp; 5115 |
| Hemet Unified School Dist., Fncg. Auth., Special Tax Rev. Bonds, Series 2015, 5.00% 9/1/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 600 | &nbsp;&nbsp;&nbsp;&nbsp; 626 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Hemet Unified School Dist., G.O. Rev. Ref. Bonds, Series 2014, Assured Guaranty Municipal insured, <br>5.00% 8/1/2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 885 | &nbsp;&nbsp;&nbsp;&nbsp; 896 |
| Housing Fin. Agcy., Municipal Certs., Series 2021-A-3, 3.25% 8/20/2036 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1238 | &nbsp;&nbsp; 1148 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Infrastructure and Econ. Dev. Bank, Charter School Rev. Bonds (Equitable School Revolving Fund), Series 2019-B, <br> 5.00% 11/1/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 100 | &nbsp;&nbsp;&nbsp;&nbsp; 105 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Infrastructure and Econ. Dev. Bank, Charter School Rev. Bonds (Equitable School Revolving Fund), Series 2019-B, <br> 5.00% 11/1/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 125 | &nbsp;&nbsp;&nbsp;&nbsp; 133 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Infrastructure and Econ. Dev. Bank, Charter School Rev. Bonds (Equitable School Revolving Fund), Series 2019-B, <br> 5.00% 11/1/2027 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 110 | &nbsp;&nbsp;&nbsp;&nbsp; 119 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Infrastructure and Econ. Dev. Bank, Charter School Rev. Bonds (Equitable School Revolving Fund), Series 2019-B, <br> 5.00% 11/1/2028 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 375 | &nbsp;&nbsp;&nbsp;&nbsp; 411 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Infrastructure and Econ. Dev. Bank, Charter School Rev. Bonds (Equitable School Revolving Fund), Series 2019-B, <br> 5.00% 11/1/2029 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 140 | &nbsp;&nbsp;&nbsp;&nbsp; 154 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Infrastructure and Econ. Dev. Bank, Charter School Rev. Bonds (Equitable School Revolving Fund), Series 2019-B, <br> 5.00% 11/1/2030 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 340 | &nbsp;&nbsp;&nbsp;&nbsp; 371 |
| Infrastructure and Econ. Dev. Bank, Rev. Ref. Bonds (J. Paul Getty Trust), Series 2020-A-1, 4.00% 4/1/2030 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 825 | &nbsp;&nbsp;&nbsp;&nbsp; 928 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Inglewood, Successor Agcy. to the Redev. Agcy., Tax Allocation Bonds (Merged Redev. Project), <br>Series 2017-A, BAM insured, 5.00% 5/1/2031 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 500 | &nbsp;&nbsp;&nbsp;&nbsp; 553 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Inglewood, Successor Agcy. to the Redev. Agcy., Tax Allocation Rev. Ref. Bonds (Merged Redev. Project), <br> Series 2017-A, BAM insured, 5.00% 5/1/2027 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 650 | &nbsp;&nbsp;&nbsp;&nbsp; 714 |
| City of Irvine, Reassessment Dist. No. 12-1, Limited Obligation Improvement Bonds, Series 2013, 5.00% 9/2/2024 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 725 | &nbsp;&nbsp;&nbsp;&nbsp; 735 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Irvine, Reassessment Dist. No. 13-1, Limited Obligation Improvement Bonds, Series 2013, <br>3.375% 9/2/2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 850 | &nbsp;&nbsp;&nbsp;&nbsp; 854 |
| City of Irvine, Reassessment Dist. No. 19-1, Limited Obligation Improvement Bonds, Series 2019, 5.00% 9/2/2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 200 | &nbsp;&nbsp;&nbsp;&nbsp; 203 |
| City of Irvine, Reassessment Dist. No. 19-1, Limited Obligation Improvement Bonds, Series 2019, 5.00% 9/2/2024 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 210 | &nbsp;&nbsp;&nbsp;&nbsp; 217 |
| City of Irvine, Reassessment Dist. No. 19-1, Limited Obligation Improvement Bonds, Series 2019, 5.00% 9/2/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 250 | &nbsp;&nbsp;&nbsp;&nbsp; 264 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Irvine, Reassessment Dist. No. 21-1, Limited Obligation Improvement Bonds, Series 2021, BAM insured, <br> 4.00% 9/2/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 500 | &nbsp;&nbsp;&nbsp;&nbsp; 515 |
| City of Irvine, Reassessment Dist. No. 21-1, Limited Obligation Improvement Bonds, Series 2021, 4.00% 9/2/2028 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 500 | &nbsp;&nbsp;&nbsp;&nbsp; 532 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Irvine, Reassessment Dist. No. 21-1, Limited Obligation Improvement Bonds, Series 2021, BAM insured, <br> 4.00% 9/2/2030 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1265 | &nbsp;&nbsp; 1362 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Irvine Unified School Dist., Community Facs. Dist. No. 09-1, Special Tax Bonds, Series 2019-A, BAM insured, <br> 5.00% 9/1/2027 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 140 | &nbsp;&nbsp;&nbsp;&nbsp; 152 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Irvine Unified School Dist., Community Facs. Dist. No. 09-1, Special Tax Bonds, Series 2019-A, BAM insured, <br> 5.00% 9/1/2028 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 350 | &nbsp;&nbsp;&nbsp;&nbsp; 385 |

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| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued)<br> **California (continued)**<br>| Principal amount<br> (000)<br>| Value<br> (000)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Irvine Unified School Dist., Community Facs. Dist. No. 09-1, Special Tax Bonds, Series 2019-A, BAM insured, <br> 5.00% 9/1/2030 | USD215 | $237 |
| City of Jurupa, Public Fncg. Auth., Special Tax Rev. Bonds, Series 2014-A, 5.00% 9/1/2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 500 | &nbsp;&nbsp;&nbsp;&nbsp; 507 |
| City of Jurupa, Public Fncg. Auth., Special Tax Rev. Bonds, Series 2014-A, 5.00% 9/1/2029 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 710 | &nbsp;&nbsp;&nbsp;&nbsp; 737 |
| City of Jurupa, Public Fncg. Auth., Special Tax Rev. Ref. Bonds, Series 2020-A, BAM insured, 5.00% 9/1/2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 750 | &nbsp;&nbsp;&nbsp;&nbsp; 760 |
| City of Jurupa, Public Fncg. Auth., Special Tax Rev. Ref. Bonds, Series 2020-A, BAM insured, 4.00% 9/1/2027 | &nbsp;&nbsp;&nbsp;&nbsp; 1615 | &nbsp;&nbsp; 1730 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Jurupa Unified School Dist., Fncg. Auth., Special Tax Rev. Ref. Bonds <br>(Community Facs. Dists. Nos. 10, 12, 13 and 15), Series 2021-A, BAM insured, 4.00% 9/1/2029 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 335 | &nbsp;&nbsp;&nbsp;&nbsp; 367 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Jurupa Unified School Dist., Fncg. Auth., Special Tax Rev. Ref. Bonds <br>(Community Facs. Dists. Nos. 10, 12, 13 and 15), Series 2021-A, BAM insured, 4.00% 9/1/2031 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 375 | &nbsp;&nbsp;&nbsp;&nbsp; 416 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Kings Canyon Joint Unified School Dist., G.O. Rev. Ref. Bonds, Series 2016, Assured Guaranty Municipal insured, <br> 5.00% 8/1/2029 | &nbsp;&nbsp;&nbsp;&nbsp; 1600 | &nbsp;&nbsp; 1712 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; La Habra School Dist., G.O. Bonds, Capital Appreciation Bonds, 2000 Election, Series 2002-A, <br>Assured Guaranty Municipal insured, 0% 8/1/2026 | &nbsp;&nbsp;&nbsp;&nbsp; 1010 | &nbsp;&nbsp;&nbsp;&nbsp; 921 |
| Lakeside Union School Dist., G.O. Rev. Ref. Bonds, Series 2016, 5.00% 8/1/2029 | &nbsp;&nbsp;&nbsp;&nbsp; 1785 | &nbsp;&nbsp; 1956 |
| City of Lodi, Public Fin. Auth., Rev. Ref. Bonds, Series 2018, Assured Guaranty Municipal insured, 5.00% 9/1/2024 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 260 | &nbsp;&nbsp;&nbsp;&nbsp; 270 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Long Beach Community College Dist., G.O. Bonds, Capital Appreciation Bonds, 2008 Election, Series 2008-A, <br> Assured Guaranty Municipal insured, 0% 6/1/2027 | &nbsp;&nbsp;&nbsp;&nbsp; 3865 | &nbsp;&nbsp; 3481 |
| Los Altos School Dist., G.O. Bonds, 2014 Election, Capital Appreciation Bonds, Series 2019-A, 4.00% 8/1/2029 | &nbsp;&nbsp;&nbsp;&nbsp; 1000 | &nbsp;&nbsp; 1081 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Los Angeles, Community Facs. Dist. No. 4 (Playa Vista - Phase 1), Special Tax Rev. Ref. Bonds, Series 2014, <br> 5.00% 9/1/2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 690 | &nbsp;&nbsp;&nbsp;&nbsp; 700 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Los Angeles, Dept. of Airports, Los Angeles International Airport, Rev. and Rev. Ref. Bonds, Series 2021-B, <br> 5.00% 5/15/2031 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 420 | &nbsp;&nbsp;&nbsp;&nbsp; 510 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Los Angeles, Dept. of Airports, Los Angeles International Airport, Rev. and Rev. Ref. Bonds, Series 2021-B, <br> 5.00% 5/15/2034 | &nbsp;&nbsp;&nbsp;&nbsp; 1025 | &nbsp;&nbsp; 1232 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Los Angeles, Dept. of Airports, Los Angeles International Airport, Rev. Bonds, Series 2019-E, <br>5.00% 5/15/2039 | &nbsp;&nbsp;&nbsp;&nbsp; 1130 | &nbsp;&nbsp; 1251 |
| City of Los Angeles, Dept. of Water and Power, Power System Rev. Bonds, Series 2018-D, 5.00% 7/1/2024 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 535 | &nbsp;&nbsp;&nbsp;&nbsp; 556 |
| City of Los Angeles, Dept. of Water and Power, Power System Rev. Bonds, Series 2018-B, 5.00% 7/1/2025 | &nbsp;&nbsp;&nbsp;&nbsp; 1875 | &nbsp;&nbsp; 1998 |
| City of Los Angeles, Dept. of Water and Power, Power System Rev. Bonds, Series 2018-D, 5.00% 7/1/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 500 | &nbsp;&nbsp;&nbsp;&nbsp; 534 |
| City of Los Angeles, Dept. of Water and Power, Power System Rev. Bonds, Series 2022-A, 5.00% 7/1/2030 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 775 | &nbsp;&nbsp;&nbsp;&nbsp; 934 |
| City of Los Angeles, Dept. of Water and Power, Power System Rev. Bonds, Series 2022-B, 5.00% 7/1/2032 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 870 | &nbsp;&nbsp; 1084 |
| City of Los Angeles, Dept. of Water and Power, Power System Rev. Bonds, Series 2018-D, 5.00% 7/1/2033 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 685 | &nbsp;&nbsp;&nbsp;&nbsp; 786 |
| City of Los Angeles, Dept. of Water and Power, Power System Rev. Bonds, Series 2021-C, 5.00% 7/1/2033 | &nbsp;&nbsp;&nbsp;&nbsp; 1500 | &nbsp;&nbsp; 1821 |
| City of Los Angeles, Dept. of Water and Power, Power System Rev. Bonds, Series 2022-B, 5.00% 7/1/2033 | &nbsp;&nbsp;&nbsp;&nbsp; 1345 | &nbsp;&nbsp; 1664 |
| City of Los Angeles, Dept. of Water and Power, Water System Rev. Bonds, Series 2020-A, 5.00% 7/1/2028 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 650 | &nbsp;&nbsp;&nbsp;&nbsp; 752 |
| City of Los Angeles, Solid Waste Resources Rev. Bonds, Series 2013-A, 2.00% 2/1/2023 | &nbsp;&nbsp;&nbsp;&nbsp; 1110 | &nbsp;&nbsp; 1110 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; County of Los Angeles, Community Facs. Dist. No. 2021-01 (Valencia Facs.), Improvement Area No. 1, <br>Special Tax Bonds, Series 2022, 5.00% 9/1/2027 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 100 | &nbsp;&nbsp;&nbsp;&nbsp; 109 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; County of Los Angeles, Community Facs. Dist. No. 2021-01 (Valencia Facs.), Improvement Area No. 1, <br>Special Tax Bonds, Series 2022, 5.00% 9/1/2031 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 225 | &nbsp;&nbsp;&nbsp;&nbsp; 250 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; County of Los Angeles, Community Facs. Dist. No. 2021-01 (Valencia Facs.), Improvement Area No. 1, <br>Special Tax Bonds, Series 2022, 5.00% 9/1/2032 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 175 | &nbsp;&nbsp;&nbsp;&nbsp; 194 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; County of Los Angeles, Community Facs. Dist. No. 2021-01 (Valencia Facs.), Improvement Area No. 1, <br>Special Tax Bonds, Series 2022, 5.00% 9/1/2033 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 170 | &nbsp;&nbsp;&nbsp;&nbsp; 188 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; County of Los Angeles, Dev. Auth., Multi Family Housing Mortgage Rev. Bonds (Long Beach Senior Housing), <br> Series 2022, 2.00% 2/1/2026 (put 2/1/2025) | &nbsp;&nbsp;&nbsp;&nbsp; 3350 | &nbsp;&nbsp; 3237 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; County of Los Angeles, Dev. Auth., Multi Family Housing Rev. Bonds (Cantamar Villas), Series 2021-D-1, <br>0.30% 2/1/2025 (put 2/1/2024) | &nbsp;&nbsp;&nbsp;&nbsp; 1295 | &nbsp;&nbsp; 1249 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; County of Los Angeles, Metropolitan Transportation Auth., Measure R Sales Tax Rev. Bonds, Series 2021-A, <br>4.00% 6/1/2036 | &nbsp;&nbsp;&nbsp;&nbsp; 3450 | &nbsp;&nbsp; 3741 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; County of Los Angeles, Metropolitan Transportation Auth., Proposition C Sales Tax Rev. Bonds, Series 2021-A, <br> 5.00% 7/1/2030 | &nbsp;&nbsp;&nbsp;&nbsp; 3610 | &nbsp;&nbsp; 4352 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; County of Los Angeles, Metropolitan Transportation Auth., Proposition C Sales Tax Rev. Bonds, Series 2021-A, <br> 5.00% 7/1/2034 | &nbsp;&nbsp;&nbsp;&nbsp; 1000 | &nbsp;&nbsp; 1207 |

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| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued)<br> **California (continued)**<br>| Principal amount<br> (000)<br>| Value<br> (000)<br>|
| County of Los Angeles, Public Works Fncg. Auth., Lease Rev. Bonds, Series 2016-D, 5.00% 12/1/2027 | USD1,500 | $1623 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Los Angeles Unified School Dist., G.O. Dedicated Unlimited Ad Valorem Property Tax Bonds, 2008 Election, <br> Series 2018-B-1, BAM insured, 5.00% 7/1/2036 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1000 | &nbsp;&nbsp; 1109 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Los Angeles Unified School Dist., G.O. Dedicated Unlimited Ad Valorem Property Tax Green Bonds, <br>Series 2022-QRR, 5.00% 7/1/2027 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2170 | &nbsp;&nbsp; 2446 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Los Angeles Unified School Dist., G.O. Dedicated Unlimited Ad Valorem Property Tax Rev. Ref. Bonds, <br>Series 2021-A, 4.00% 7/1/2032 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1395 | &nbsp;&nbsp; 1554 |
| Los Angeles Unified School Dist., G.O. Rev. Ref. Bonds, Series 2014-C, 5.00% 7/1/2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 520 | &nbsp;&nbsp;&nbsp;&nbsp; 526 |
| Los Angeles Unified School Dist., G.O. Rev. Ref. Bonds, Series 2019-A, 3.00% 1/1/2034 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4780 | &nbsp;&nbsp; 4774 |
| Los Rios Community College Dist., G.O. Bonds, 2008 Election, Series 2021-E, 3.00% 8/1/2034 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2750 | &nbsp;&nbsp; 2753 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Madera Unified School Dist., G.O. Bonds, Capital Appreciation Bonds, 2002 Election, Series 2006, <br>Assured Guaranty Municipal insured, 0% 8/1/2029 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 585 | &nbsp;&nbsp;&nbsp;&nbsp; 488 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Manhattan Beach Unified School Dist., G.O. Bonds, Capital Appreciation Bonds, Series 1999-C, <br>FGIC-National insured, 0% 9/1/2024 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3800 | &nbsp;&nbsp; 3618 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Manteca Unified School Dist., G.O. Bonds, Capital Appreciation Bonds, 2004 Election, Series 2006, <br>National insured, 0% 8/1/2027 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 560 | &nbsp;&nbsp;&nbsp;&nbsp; 495 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Menifee Union School Dist., Community Facs. Dist. No. 2011-1, Improvement Area No. 5, Special Tax Bonds, <br> Series 2021, 4.00% 9/1/2028 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 275 | &nbsp;&nbsp;&nbsp;&nbsp; 283 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Merced, Irrigation Dist., Electric System Rev. Ref. Bonds, Series 2015-A, <br>Assured Guaranty Municipal insured, 5.00% 10/1/2028 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 250 | &nbsp;&nbsp;&nbsp;&nbsp; 269 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Merced Union High School Dist., G.O. Bonds, Capital Appreciation Bonds, 2008 Election, Series 2011-C, <br>0% 8/1/2033 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 615 | &nbsp;&nbsp;&nbsp;&nbsp; 445 |
| Metropolitan Water Dist. of Southern California, Water Rev. Ref. Bonds, Series 2019-A, 5.00% 7/1/2027 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 550 | &nbsp;&nbsp;&nbsp;&nbsp; 619 |
| Metropolitan Water Dist. of Southern California, Water Rev. Ref. Bonds, Series 2022-B, 5.00% 7/1/2033 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 500 | &nbsp;&nbsp;&nbsp;&nbsp; 624 |
| Metropolitan Water Dist. of Southern California, Water Rev. Ref. Bonds, Series 2022-B, 5.00% 7/1/2034 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 500 | &nbsp;&nbsp;&nbsp;&nbsp; 612 |
| Montebello Unified School Dist., G.O. Rev. Ref. Bonds, Series 2015, 5.00% 8/1/2028 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1545 | &nbsp;&nbsp; 1619 |
| Moreno Valley Unified School Dist., Fin. Auth. Special Tax Rev. Bonds, Series 2018-A, 5.00% 9/1/2030 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 425 | &nbsp;&nbsp;&nbsp;&nbsp; 455 |
| Mountain View - Los Altos Union School Dist., G.O. Bonds, 2018 Election, Series 2022-C, 4.00% 8/1/2031 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2465 | &nbsp;&nbsp; 2825 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Mountain View School Dist., G.O. Bonds, 2020 Election, Series 2021-A, Assured Guaranty Municipal insured, <br> 4.00% 8/1/2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1290 | &nbsp;&nbsp; 1300 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Municipal Fin. Auth., Certs. of Part. (Palomar Health), Series 2022-A, Assured Guaranty Municipal insured, <br>5.00% 11/1/2028 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 125 | &nbsp;&nbsp;&nbsp;&nbsp; 137 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Municipal Fin. Auth., Educational Rev. Bonds (American Heritage Education Foundation Project), Series 2016-A, <br> 4.00% 6/1/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 165 | &nbsp;&nbsp;&nbsp;&nbsp; 166 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Municipal Fin. Auth., Multi Family Housing Rev. Bonds (Walnut Apartments), Series 2021-A, <br>0.45% 12/1/2024 (put 12/1/2023) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2935 | &nbsp;&nbsp; 2851 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Municipal Fin. Auth., Rev. and Rev. Ref. Bonds (HumanGood California Obligated Group), Series 2019-A, <br>4.00% 10/1/2030 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1785 | &nbsp;&nbsp; 1835 |
| Municipal Fin. Auth., Rev. Bonds (California Institute of the Arts), Series 2021, 4.00% 10/1/2033 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 250 | &nbsp;&nbsp;&nbsp;&nbsp; 254 |
| Municipal Fin. Auth., Rev. Bonds (California Lutheran University), Series 2018, 5.00% 10/1/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 300 | &nbsp;&nbsp;&nbsp;&nbsp; 316 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Municipal Fin. Auth., Rev. Bonds (Community Health System), Series 2021-A, <br>Assured Guaranty Municipal insured, 5.00% 2/1/2027 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 800 | &nbsp;&nbsp;&nbsp;&nbsp; 862 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Municipal Fin. Auth., Rev. Bonds (Community Health System), Series 2021-A, <br>Assured Guaranty Municipal insured, 5.00% 2/1/2028 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 750 | &nbsp;&nbsp;&nbsp;&nbsp; 817 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Municipal Fin. Auth., Rev. Bonds (Community Health System), Series 2021-A, <br>Assured Guaranty Municipal insured, 5.00% 2/1/2029 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 825 | &nbsp;&nbsp;&nbsp;&nbsp; 911 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Municipal Fin. Auth., Rev. Bonds (Retirement Housing Foundation), Series 2017-A, <br>5.00% 11/15/2024 (escrowed to maturity) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 300 | &nbsp;&nbsp;&nbsp;&nbsp; 314 |
| Municipal Fin. Auth., Rev. Bonds (University of La Verne), Series 2017-A, 5.00% 6/1/2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 750 | &nbsp;&nbsp;&nbsp;&nbsp; 756 |
| Municipal Fin. Auth., Rev. Ref. Bonds (Biola University), Series 2017, 5.00% 10/1/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 335 | &nbsp;&nbsp;&nbsp;&nbsp; 355 |
| Municipal Fin. Auth., Rev. Ref. Bonds (Harbor Regional Center Project), Series 2015, 5.00% 11/1/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 500 | &nbsp;&nbsp;&nbsp;&nbsp; 536 |
| Municipal Fin. Auth., Rev. Ref. Bonds (HumanGood Obligated Group), Series 2019-A, 4.00% 10/1/2028 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 750 | &nbsp;&nbsp;&nbsp;&nbsp; 774 |
| Municipal Fin. Auth., Rev. Ref. Bonds (HumanGood Obligated Group), Series 2019-A, 4.00% 10/1/2029 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1085 | &nbsp;&nbsp; 1118 |
| Municipal Fin. Auth., Rev. Ref. Bonds (HumanGood Obligated Group), Series 2019-A, 4.00% 10/1/2035 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1000 | &nbsp;&nbsp; 1015 |

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| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued)<br> **California (continued)**<br>| Principal amount<br> (000)<br>| Value<br> (000)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Municipal Fin. Auth., Student Housing Rev. Bonds (CHF-Riverside I, LLC - UCR Student Housing Project), <br>Series 2019, BAM insured, 5.00% 5/15/2027 | USD530 | $577 |
| Murrieta Valley Unified School Dist., G.O. Bonds, 2014 Election, Series 2020, 4.00% 9/1/2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 335 | &nbsp;&nbsp;&nbsp;&nbsp; 338 |
| Murrieta Valley Unified School Dist., Public Fncg. Auth., Special Tax Rev. Bonds, Series 2016-A, 5.00% 9/1/2023 | &nbsp;&nbsp;&nbsp;&nbsp; 2530 | &nbsp;&nbsp; 2560 |
| Murrieta Valley Unified School Dist., Public Fncg. Auth., Special Tax Rev. Bonds, Series 2016-A, 5.00% 9/1/2030 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 525 | &nbsp;&nbsp;&nbsp;&nbsp; 557 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Napa Valley Community College Dist., G.O. Rev. Ref. Bonds, Convertible Capital Appreciation Bonds, <br>Series 2018, 4.00% 8/1/2033<sup>2</sup>  | &nbsp;&nbsp;&nbsp;&nbsp; 2190 | &nbsp;&nbsp; 2294 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Napa Valley Unified School Dist., G.O. Bonds, 2016 Election, Series 2019-C, Assured Guaranty Municipal insured, <br> 4.00% 8/1/2034 | &nbsp;&nbsp;&nbsp;&nbsp; 1030 | &nbsp;&nbsp; 1075 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; New Haven Unified School Dist., G.O. Bonds, Capital Appreciation Bonds, Series 2008-C, <br>Assured Guaranty insured, 0% 8/1/2030 | &nbsp;&nbsp;&nbsp;&nbsp; 5075 | &nbsp;&nbsp; 4091 |
| Newport-Mesa Unified Shool Dist., G.O. Bonds, 2005 Election, Series 2007, National insured, 0% 8/1/2031 | &nbsp;&nbsp;&nbsp;&nbsp; 1000 | &nbsp;&nbsp;&nbsp;&nbsp; 790 |
| Northern California Energy Auth., Commodity Supply Rev. Bonds, Series 2018, 4.00% 7/1/2049 (put 7/1/2024) | &nbsp;&nbsp;&nbsp;&nbsp; 5250 | &nbsp;&nbsp; 5282 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Oak Park Unified School Dist., G.O. Bonds, Capital Appreciation Bonds, 2006 Election, Series 2009-B, <br>Assured Guaranty Municipal insured, 0% 8/1/2029 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 605 | &nbsp;&nbsp;&nbsp;&nbsp; 498 |
| Oakland Unified School Dist., G.O. Bonds, 2006 Election, Series 2016-A, 5.00% 8/1/2026 | &nbsp;&nbsp;&nbsp;&nbsp; 1325 | &nbsp;&nbsp; 1448 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Oakland Unified School Dist., G.O. Bonds, 2012 Election, Series 2019-A, Assured Guaranty Municipal insured, <br> 5.00% 8/1/2028 | &nbsp;&nbsp;&nbsp;&nbsp; 1000 | &nbsp;&nbsp; 1121 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Oakland Unified School Dist., G.O. Bonds, 2012 Election, Series 2019-A, Assured Guaranty Municipal insured, <br> 4.00% 8/1/2034 | &nbsp;&nbsp;&nbsp;&nbsp; 2000 | &nbsp;&nbsp; 2107 |
| Oakland Unified School Dist., G.O. Rev. Ref. Bonds, Series 2016, 5.00% 8/1/2024 | &nbsp;&nbsp;&nbsp;&nbsp; 1310 | &nbsp;&nbsp; 1359 |
| Oakland Unified School Dist., G.O. Rev. Ref. Bonds, Series 2016, 5.00% 8/1/2025 | &nbsp;&nbsp;&nbsp;&nbsp; 3000 | &nbsp;&nbsp; 3196 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Oakland Unified School Dist., G.O. Rev. Ref. Bonds, Series 2015, Assured Guaranty Municipal insured, <br>5.00% 8/1/2026 | &nbsp;&nbsp;&nbsp;&nbsp; 1125 | &nbsp;&nbsp; 1203 |
| County of Orange, Airport Governmental Rev. Ref. Bonds, Series 2019-B, 5.00% 7/1/2025 | &nbsp;&nbsp;&nbsp;&nbsp; 1065 | &nbsp;&nbsp; 1133 |
| County of Orange, Airport Private Activity Rev. Ref. Bonds, Series 2019-A, 5.00% 7/1/2025 | &nbsp;&nbsp;&nbsp;&nbsp; 1000 | &nbsp;&nbsp; 1064 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; County of Orange, Community Facs. Dist. No. 2016-1 (Village of Esencia), Special Tax Bonds, Series 2016-A, <br> 5.00% 8/15/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 570 | &nbsp;&nbsp;&nbsp;&nbsp; 608 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; County of Orange, Community Facs. Dist. No. 2021-1 (Rienda), Special Tax Bonds, Series 2022-A, <br>4.00% 8/15/2024 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 130 | &nbsp;&nbsp;&nbsp;&nbsp; 132 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; County of Orange, Community Facs. Dist. No. 2021-1 (Rienda), Special Tax Bonds, Series 2022-A, <br>5.00% 8/15/2031 | &nbsp;&nbsp;&nbsp;&nbsp; 1025 | &nbsp;&nbsp; 1142 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; County of Orange, Community Facs. Dist. No. 2021-1 (Rienda), Special Tax Bonds, Series 2022-A, <br>5.00% 8/15/2032 | &nbsp;&nbsp;&nbsp;&nbsp; 1000 | &nbsp;&nbsp; 1111 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; County of Orange, Community Facs. Dist. No. 2021-1 (Rienda), Special Tax Bonds, Series 2022-A, <br>5.00% 8/15/2033 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 500 | &nbsp;&nbsp;&nbsp;&nbsp; 554 |
| County of Orange, Sanitation Dist., Wastewater Rev. Ref. Obligations, Series 2022-A, 5.00% 2/1/2033 | &nbsp;&nbsp;&nbsp;&nbsp; 3490 | &nbsp;&nbsp; 4221 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; County of Orange, Transportation Auth., Bond Anticipation Notes (I-405 Improvement Project), Series 2021, <br> 5.00% 10/15/2024 (escrowed to maturity) | &nbsp;&nbsp;&nbsp;&nbsp; 2000 | &nbsp;&nbsp; 2089 |
| County of Orange, Water Dist. Rev. Certs. of Part. (Interim Obligations), Series 2019-A, 2.00% 8/15/2023 | &nbsp;&nbsp;&nbsp;&nbsp; 2825 | &nbsp;&nbsp; 2819 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Oxnard, Fncg. Auth., Wastewater Rev. Ref. Bonds, Series 2014, Assured Guaranty Municipal insured, <br> 5.00% 6/1/2024 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 250 | &nbsp;&nbsp;&nbsp;&nbsp; 258 |
| City of Oxnard, Water Rev. Ref. Bonds, Series 2018, BAM insured, 5.00% 6/1/2024 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 450 | &nbsp;&nbsp;&nbsp;&nbsp; 466 |
| Palomar Health, G.O. Rev. Ref. Bonds, Series 2016-A, 5.00% 8/1/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 630 | &nbsp;&nbsp;&nbsp;&nbsp; 681 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Paramount Unified School Dist., G.O. Bonds, Capital Appreciation Bonds, 1998 Election, Series 2001-B, <br>Assured Guaranty Municipal insured, 0% 9/1/2025 | &nbsp;&nbsp;&nbsp;&nbsp; 3000 | &nbsp;&nbsp; 2806 |
| Peninsula Corridor Joint Powers Board, Farebox Rev. Bonds, Series 2019-A, 5.00% 10/1/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 250 | &nbsp;&nbsp;&nbsp;&nbsp; 272 |
| Peninsula Corridor Joint Powers Board, Farebox Rev. Bonds, Series 2019-A, 5.00% 10/1/2027 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 200 | &nbsp;&nbsp;&nbsp;&nbsp; 222 |
| Peninsula Corridor Joint Powers Board, Farebox Rev. Bonds, Series 2019-A, 5.00% 10/1/2028 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 285 | &nbsp;&nbsp;&nbsp;&nbsp; 323 |
| Peninsula Corridor Joint Powers Board, Farebox Rev. Bonds, Series 2019-A, 5.00% 10/1/2029 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 400 | &nbsp;&nbsp;&nbsp;&nbsp; 462 |
| Perris Union High School Dist., Fncg. Auth., Rev. Bonds, Series 2015, 5.00% 9/1/2024 | &nbsp;&nbsp;&nbsp;&nbsp; 1000 | &nbsp;&nbsp; 1030 |
| Perris Union High School Dist., Fncg. Auth., Rev. Bonds, Series 2015, 5.00% 9/1/2032 | &nbsp;&nbsp;&nbsp;&nbsp; 2675 | &nbsp;&nbsp; 2766 |
| Perris Union High School Dist., G.O. Bonds, 2012 Election, Series 2021-C, 4.00% 9/1/2028 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 185 | &nbsp;&nbsp;&nbsp;&nbsp; 201 |
| Perris Union High School Dist., G.O. Bonds, 2012 Election, Series 2021-C, 4.00% 9/1/2029 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 200 | &nbsp;&nbsp;&nbsp;&nbsp; 220 |
| Perris Union High School Dist., G.O. Bonds, 2012 Election, Series 2021-C, 4.00% 9/1/2030 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 215 | &nbsp;&nbsp;&nbsp;&nbsp; 237 |

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| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued)<br> **California (continued)**<br>| Principal amount<br> (000)<br>| Value<br> (000)<br>|
| Perris Union High School Dist., G.O. Bonds, 2012 Election, Series 2021-C, 4.00% 9/1/2031 | USD350 | $385 |
| Pleasant Valley School Dist., G.O. Bonds, 8/1/2029 Election, Series A, 5.00% 8/1/2029 (preref. 8/1/2026) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 645 | &nbsp;&nbsp;&nbsp;&nbsp; 709 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pollution Control Fncg. Auth., Water Facs. Rev. Ref. Bonds (American Water Capital Corp. Project), Series 2020, <br> 0.60% 8/1/2040 (put 9/1/2023) | &nbsp;&nbsp;&nbsp;&nbsp; 3270 | &nbsp;&nbsp; 3223 |
| Poway Unified School Dist., Public Fncg. Auth., Special Tax Rev. Ref. Bonds, Series 2016-A, 5.00% 9/1/2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 885 | &nbsp;&nbsp;&nbsp;&nbsp; 898 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Public Fin. Auth., Electric System Rev. Ref. Bonds, Series 2018, Assured Guaranty Municipal insured, <br>5.00% 9/1/2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 730 | &nbsp;&nbsp;&nbsp;&nbsp; 741 |
| Public Fin. Auth., Reassessment Rev. Ref. Bonds, Series 2019, 5.00% 9/2/2029 | &nbsp;&nbsp;&nbsp;&nbsp; 1000 | &nbsp;&nbsp; 1114 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Public Fin. Auth., Rev. Bonds (Henry Mayo Newhall Memorial Hospital), Series 2017, <br>Assured Guaranty Municipal insured, 5.00% 10/1/2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 500 | &nbsp;&nbsp;&nbsp;&nbsp; 507 |
| Public Fin. Auth., Rev. Bonds (Hoag Memorial Hospital Presbyterian), Series 2022-A, 5.00% 7/15/2028 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 250 | &nbsp;&nbsp;&nbsp;&nbsp; 284 |
| Public Fin. Auth., Rev. Bonds (Hoag Memorial Hospital Presbyterian), Series 2022-A, 5.00% 7/15/2030 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 250 | &nbsp;&nbsp;&nbsp;&nbsp; 294 |
| Public Fin. Auth., Rev. Bonds (Hoag Memorial Hospital Presbyterian), Series 2022-A, 5.00% 7/15/2033 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 330 | &nbsp;&nbsp;&nbsp;&nbsp; 393 |
| Public Fin. Auth., Rev. Bonds (Hoag Memorial Hospital Presbyterian), Series 2022-A, 5.00% 7/15/2034 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 350 | &nbsp;&nbsp;&nbsp;&nbsp; 413 |
| Public Fin. Auth., Rev. Ref. Bonds (O'Conner Woods), Series 2022, 4.00% 1/1/2028 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 450 | &nbsp;&nbsp;&nbsp;&nbsp; 483 |
| Public Fin. Auth., Rev. Ref. Bonds (O'Conner Woods), Series 2022, 4.00% 1/1/2029 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 500 | &nbsp;&nbsp;&nbsp;&nbsp; 544 |
| Public Fin. Auth., Rev. Ref. Bonds (O'Conner Woods), Series 2022, 4.00% 1/1/2031 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 520 | &nbsp;&nbsp;&nbsp;&nbsp; 578 |
| Public Works Board, Lease Rev. Ref. Bonds (Various Capital Projects), Series 2016-D, 5.00% 4/1/2028 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 400 | &nbsp;&nbsp;&nbsp;&nbsp; 442 |
| Public Works Board, Lease Rev. Ref. Bonds (Various Capital Projects), Series 2021-A, 5.00% 2/1/2032 | &nbsp;&nbsp;&nbsp;&nbsp; 1000 | &nbsp;&nbsp; 1234 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Rancho Cucamonga, Successor Agcy. to the Redev. Agcy., Tax Allocation Rev. Ref. Bonds <br>(Rancho Redev. Project Area), Series 2014, Assured Guaranty Municipal insured, 5.00% 9/1/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 600 | &nbsp;&nbsp;&nbsp;&nbsp; 625 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Rancho Cucamonga, Successor Agcy. to the Redev. Agcy., Tax Allocation Rev. Ref. Bonds <br>(Rancho Redev. Project Area), Series 2014, Assured Guaranty Municipal insured, 5.00% 9/1/2028 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 300 | &nbsp;&nbsp;&nbsp;&nbsp; 313 |
| City of Redding, Joint Powers Fin. Auth., Electric System Rev. Bonds, Series 2015-A, 5.00% 6/1/2024 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 15 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 16 |
| Rialto Unified School Dist., G.O. Bonds, 2010 Election, Series 2019, 3.00% 8/1/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 600 | &nbsp;&nbsp;&nbsp;&nbsp; 615 |
| Rialto Unified School Dist., G.O. Bonds, 2010 Election, Series 2019, 3.00% 8/1/2027 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 750 | &nbsp;&nbsp;&nbsp;&nbsp; 771 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Richmond, Successor Agcy. to the Redev. Agcy., Rev. Ref. Bonds, Series 2014-A, BAM insured, <br>5.00% 9/1/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 200 | &nbsp;&nbsp;&nbsp;&nbsp; 208 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Rio Elementary School Dist., Community Facs. Dist. No. 1, Special Tax Bonds, Series 2016, BAM insured, <br>5.00% 9/1/2032 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 240 | &nbsp;&nbsp;&nbsp;&nbsp; 260 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; River Islands Public Fncg. Auth., Community Facs. Dist. No. 2003-1, Special Tax Rev. Ref. Bonds, Series 2022-A-1, <br> Assured Guaranty Municipal insured, 5.00% 9/1/2028 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 500 | &nbsp;&nbsp;&nbsp;&nbsp; 566 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; River Islands Public Fncg. Auth., Community Facs. Dist. No. 2003-1, Special Tax Rev. Ref. Bonds, Series 2022-A-1, <br> Assured Guaranty Municipal insured, 5.00% 9/1/2029 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 500 | &nbsp;&nbsp;&nbsp;&nbsp; 575 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; County of Riverside, Public Fncg. Auth., Tax Allocation Rev. Bonds (Project Area No. 1, Desert Communities and <br> Interstate 215 Corridor Projects), Series 2015-A, Assured Guaranty Municipal insured, 5.00% 10/1/2023 | &nbsp;&nbsp;&nbsp;&nbsp; 1075 | &nbsp;&nbsp; 1093 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; County of Riverside, Public Fncg. Auth., Tax Allocation Rev. Ref. Bonds (Hemet Project), Series 2014, BAM insured, <br> 5.00% 9/1/2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 500 | &nbsp;&nbsp;&nbsp;&nbsp; 507 |
| Riverside Community College Dist., G.O. Bonds, 2004 Election, Series 2019-F, 3.00% 8/1/2034 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 580 | &nbsp;&nbsp;&nbsp;&nbsp; 580 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Riverside Community Properties Dev., Inc., Lease Rev. Bonds (Riverside County Law Building Project), <br>Series 2013, 6.00% 10/15/2038 (preref. 10/15/2023) | &nbsp;&nbsp;&nbsp;&nbsp; 2585 | &nbsp;&nbsp; 2651 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Riverside Unified School Dist., Fncg. Auth., Special Tax Rev. Ref. Bonds, Series 2015, BAM insured, <br>5.00% 9/1/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 350 | &nbsp;&nbsp;&nbsp;&nbsp; 369 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Riverside Unified School Dist., Fncg. Auth., Special Tax Rev. Ref. Bonds, Series 2015, BAM insured, <br>5.00% 9/1/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 400 | &nbsp;&nbsp;&nbsp;&nbsp; 423 |
| Riverside Unified School Dist., G.O. Bonds, 2016 Election, Series 2019, 4.00% 8/1/2029 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 850 | &nbsp;&nbsp;&nbsp;&nbsp; 911 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Roseville, Community Facs. Dist. No. 1 (Westpark), Special Tax Rev. Ref. Bonds, Series 2015, <br>5.00% 9/1/2024 | &nbsp;&nbsp;&nbsp;&nbsp; 1000 | &nbsp;&nbsp; 1030 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Roseville, Community Facs. Dist. No. 1 (Westpark), Special Tax Rev. Ref. Bonds, Series 2015, <br>5.00% 9/1/2032 | &nbsp;&nbsp;&nbsp;&nbsp; 2000 | &nbsp;&nbsp; 2086 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Roseville Joint Union High School Dist., G.O. Bonds, Capital Appreciation Bonds, 2004 Election, Series 2007-C, <br> 0% 8/1/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 700 | &nbsp;&nbsp;&nbsp;&nbsp; 658 |
| City of Sacramento, Municipal Utility Dist., Electric Rev. Bonds, Series 1997-K, AMBAC insured, 5.25% 7/1/2024 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 525 | &nbsp;&nbsp;&nbsp;&nbsp; 540 |
| City of Sacramento, Municipal Utility Dist., Electric Rev. Bonds, Series 2019-A, 5.00% 8/15/2049 (put 7/13/2023) | &nbsp;&nbsp;&nbsp;&nbsp; 3580 | &nbsp;&nbsp; 3596 |
| County of Sacramento, Airport System Rev. Ref. Bonds, Series 2018-E, 5.00% 7/1/2027 | &nbsp;&nbsp;&nbsp;&nbsp; 1015 | &nbsp;&nbsp; 1135 |

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Capital Group California Core Municipal Fund — Page 8 of 23

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| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued)<br> **California (continued)**<br>| Principal amount<br> (000)<br>| Value<br> (000)<br>|
| County of Sacramento, Airport System Rev. Ref. Bonds, Series 2018-E, 5.00% 7/1/2030 | USD200 | $227 |
| Sacramento Unified School Dist., G.O. Bonds, 2012 Election, Series 2019-D, BAM insured, 4.00% 8/1/2027 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 585 | &nbsp;&nbsp;&nbsp;&nbsp; 625 |
| Sacramento Unified School Dist., G.O. Bonds, 2012 Election, Series 2017-E, 5.00% 8/1/2027 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 555 | &nbsp;&nbsp;&nbsp;&nbsp; 617 |
| Sacramento Unified School Dist., G.O. Bonds, 2012 Election, Series 2019-D, BAM insured, 4.00% 8/1/2028 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 610 | &nbsp;&nbsp;&nbsp;&nbsp; 656 |
| Sacramento Unified School Dist., G.O. Bonds, 2012 Election, Series 2019-D, BAM insured, 4.00% 8/1/2029 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 635 | &nbsp;&nbsp;&nbsp;&nbsp; 688 |
| Sacramento Unified School Dist., G.O. Bonds, 2020 Election, Series 2022-A, BAM insured, 5.00% 8/1/2023 | &nbsp;&nbsp;&nbsp;&nbsp; 5680 | &nbsp;&nbsp; 5752 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Sacramento Unified School Dist., G.O. Rev. Ref. Bonds, Series 2015, Assured Guaranty Municipal insured, <br>5.00% 7/1/2030 | &nbsp;&nbsp;&nbsp;&nbsp; 1000 | &nbsp;&nbsp; 1033 |
| Sacramento Unified School Dist., G.O. Rev. Ref. Bonds, Series 2022, BAM insured, 5.00% 7/1/2030 | &nbsp;&nbsp;&nbsp;&nbsp; 1050 | &nbsp;&nbsp; 1239 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of San Diego, Community Facs. Dist. No. 2 (Santaluz), Improvement Area No. 1, Special Tax Rev. Ref. Bonds, <br> Series 2021, 4.00% 9/1/2027 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 635 | &nbsp;&nbsp;&nbsp;&nbsp; 676 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of San Diego, Community Facs. Dist. No. 2 (Santaluz), Improvement Area No. 1, Special Tax Rev. Ref. Bonds, <br> Series 2021, 4.00% 9/1/2028 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 875 | &nbsp;&nbsp;&nbsp;&nbsp; 937 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of San Diego, Community Facs. Dist. No. 2 (Santaluz), Improvement Area No. 1, Special Tax Rev. Ref. Bonds, <br> Series 2021, 4.00% 9/1/2029 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 430 | &nbsp;&nbsp;&nbsp;&nbsp; 463 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of San Diego, Public Facs. Fncg. Auth., Lease Rev. Bonds (Capital Improvement Projects), Series 2021-A, <br> 5.00% 10/15/2030 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 200 | &nbsp;&nbsp;&nbsp;&nbsp; 239 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of San Diego, Public Facs. Fncg. Auth., Lease Rev. Bonds (Capital Improvement Projects), Series 2021-A, <br> 5.00% 10/15/2031 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 150 | &nbsp;&nbsp;&nbsp;&nbsp; 178 |
| City of San Diego, Public Facs. Fncg. Auth., Water Rev. Bonds, Series 2020-A, 5.00% 8/1/2029 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 500 | &nbsp;&nbsp;&nbsp;&nbsp; 586 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; County of San Diego, Community Facs. Dist. No. 2008-1 (Harmony Grove Village), Improvement Area No. 2, <br> Special Tax Bonds, Series 2020-A, 4.00% 9/1/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 255 | &nbsp;&nbsp;&nbsp;&nbsp; 261 |
| County of San Diego, Regional Airport Auth., Airport Rev. and Rev. Ref. Bonds, Series 2019-A, 5.00% 7/1/2027 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 400 | &nbsp;&nbsp;&nbsp;&nbsp; 448 |
| County of San Diego, Regional Airport Auth., Airport Rev. and Rev. Ref. Bonds, Series 2019-A, 5.00% 7/1/2028 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 320 | &nbsp;&nbsp;&nbsp;&nbsp; 367 |
| County of San Diego, Regional Airport Auth., Airport Rev. and Rev. Ref. Bonds, Series 2019-A, 5.00% 7/1/2029 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 585 | &nbsp;&nbsp;&nbsp;&nbsp; 683 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; County of San Diego, Regional Airport Auth., Airport Rev. Bonds, Series 2013-A, <br>5.00% 7/1/2023 (escrowed to maturity) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 245 | &nbsp;&nbsp;&nbsp;&nbsp; 248 |
| County of San Diego, Regional Airport Auth., Airport Rev. Ref. Bonds, Series 2020-A, 5.00% 7/1/2028 | &nbsp;&nbsp;&nbsp;&nbsp; 1000 | &nbsp;&nbsp; 1146 |
| County of San Diego, Regional Airport Auth., Airport Rev. Ref. Bonds, Series 2020-A, 5.00% 7/1/2029 | &nbsp;&nbsp;&nbsp;&nbsp; 1000 | &nbsp;&nbsp; 1167 |
| County of San Diego, Regional Airport Auth., Airport Rev. Ref. Bonds, Series 2020-B, 5.00% 7/1/2031 | &nbsp;&nbsp;&nbsp;&nbsp; 1405 | &nbsp;&nbsp; 1668 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; County of San Diego, Regional Transportation Commission, Limited Sales Tax Rev. Bonds, Series 2021-B, <br>5.00% 4/1/2029 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 320 | &nbsp;&nbsp;&nbsp;&nbsp; 375 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; County of San Diego, Regional Transportation Commission, Limited Sales Tax Rev. Green Bonds, Series 2020-A, <br> 5.00% 4/1/2028 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 850 | &nbsp;&nbsp;&nbsp;&nbsp; 975 |
| County of San Diego, Water Auth., Water Rev. Bonds, Series 2022-A, 5.00% 5/1/2028 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 250 | &nbsp;&nbsp;&nbsp;&nbsp; 288 |
| County of San Diego, Water Auth., Water Rev. Bonds, Series 2022-A, 5.00% 5/1/2029 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 500 | &nbsp;&nbsp;&nbsp;&nbsp; 589 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; San Diego Unified School Dist., G.O. Dedicated Unlimited Ad Valorem Property Tax Bonds, <br>Series 2016-SR-1, 4.00% 7/1/2031 | &nbsp;&nbsp;&nbsp;&nbsp; 3000 | &nbsp;&nbsp; 3164 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; San Diego Unified School Dist., G.O. Dedicated Unlimited Ad Valorem Property Tax Bonds, 2008 Election, <br>Series 2012-E, 0% 7/1/2034 | &nbsp;&nbsp;&nbsp;&nbsp; 3000 | &nbsp;&nbsp; 2103 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; San Diego Unified School Dist., G.O. Dedicated Unlimited Ad Valorem Property Tax Rev. Ref. Bonds, <br>Series 2015-R-4, 5.00% 7/1/2026 | &nbsp;&nbsp;&nbsp;&nbsp; 1000 | &nbsp;&nbsp; 1071 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; San Diego Unified School Dist., G.O. Dedicated Unlimited Ad Valorem Property Tax Rev. Ref. Bonds, <br>Series 2015-R-4, 5.00% 7/1/2027 | &nbsp;&nbsp;&nbsp;&nbsp; 3000 | &nbsp;&nbsp; 3214 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; San Diego Unified School Dist., G.O. Dedicated Unlimited Ad Valorem Property Tax Rev. Ref. Bonds, <br>Series 2016-R-5, 5.00% 7/1/2029 | &nbsp;&nbsp;&nbsp;&nbsp; 1500 | &nbsp;&nbsp; 1647 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City and County of San Francisco, Airport Commission, San Francisco International Airport, Rev. Bonds, <br>Series 2019-D-2, 5.00% 5/1/2024 | &nbsp;&nbsp;&nbsp;&nbsp; 1000 | &nbsp;&nbsp; 1033 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City and County of San Francisco, Airport Commission, San Francisco International Airport, Rev. Ref. Bonds, <br> Series 2022-B-2, 5.00% 5/1/2027 | &nbsp;&nbsp;&nbsp;&nbsp; 4000 | &nbsp;&nbsp; 4462 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City and County of San Francisco, Public Utilities Commission, San Francisco Water Rev. Ref. Bonds, <br>Series 2016-A, 5.00% 11/1/2027 | &nbsp;&nbsp;&nbsp;&nbsp; 1500 | &nbsp;&nbsp; 1664 |
| City of San Francisco, Bay Area Rapid Transit Dist., G.O. Bonds, 2016 Election, Series 2020-C-1, 5.00% 8/1/2027 | &nbsp;&nbsp;&nbsp;&nbsp; 1500 | &nbsp;&nbsp; 1693 |
| City of San Francisco, Bay Area Rapid Transit Dist., Sales Tax Rev. Ref. Bonds, Series 2015-A, 5.00% 7/1/2027 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 475 | &nbsp;&nbsp;&nbsp;&nbsp; 509 |
| San Francisco Unified School Dist., G.O. Bonds, 2016 Election, Series 2020-B, 4.00% 6/15/2029 | &nbsp;&nbsp;&nbsp;&nbsp; 1000 | &nbsp;&nbsp; 1091 |

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| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued)<br> **California (continued)**<br>| Principal amount<br> (000)<br>| Value<br> (000)<br>|
| San Francisco Unified School Dist., G.O. Bonds, 2016 Election, Series 2020-B, 4.00% 6/15/2034 | USD975 | $1049 |
| San Jacinto Unified School Dist., Fncg. Auth., Special Tax Rev. Bonds, Series 2019, 5.00% 9/1/2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 40 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 40 |
| San Jacinto Unified School Dist., Fncg. Auth., Special Tax Rev. Bonds, Series 2019, 5.00% 9/1/2024 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 65 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 67 |
| San Jacinto Unified School Dist., Fncg. Auth., Special Tax Rev. Bonds, Series 2019, 5.00% 9/1/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 90 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 94 |
| San Jacinto Unified School Dist., Fncg. Auth., Special Tax Rev. Bonds, Series 2019, 5.00% 9/1/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 155 | &nbsp;&nbsp;&nbsp;&nbsp; 164 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; San Joaquin Hills Transportation Corridor Agcy., Toll Road Rev. Ref. Bonds, Capital Appreciation Bonds, <br>Series 1997-A, National insured, 0% 1/15/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 285 | &nbsp;&nbsp;&nbsp;&nbsp; 268 |
| City of San Jose, Airport Rev. Ref. Bonds, Series 2021-A, BAM insured, 5.00% 3/1/2029 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 500 | &nbsp;&nbsp;&nbsp;&nbsp; 580 |
| City of San Jose, Airport Rev. Ref. Bonds, Series 2021-A, BAM insured, 5.00% 3/1/2030 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 250 | &nbsp;&nbsp;&nbsp;&nbsp; 295 |
| City of San Jose, Airport Rev. Ref. Bonds, Series 2021-B, 5.00% 3/1/2032 | &nbsp;&nbsp;&nbsp;&nbsp; 1250 | &nbsp;&nbsp; 1500 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of San Jose, Fin. Auth., Lease Rev. Ref. Bonds (Civic Center Project), Series 2013-A, <br>5.00% 6/1/2030 (preref. 6/1/2023) | &nbsp;&nbsp;&nbsp;&nbsp; 1625 | &nbsp;&nbsp; 1639 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of San Jose, G.O. Bonds (Disaster Preparedness, Public Safety and Infrastructure), Series 2021-A, <br>5.00% 9/1/2030 | &nbsp;&nbsp;&nbsp;&nbsp; 2250 | &nbsp;&nbsp; 2724 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; San Jose Unified School Dist., G.O. Bonds, Capital Appreciation Bonds, 2002 Election, Series 2006-C, <br>National insured, 0% 8/1/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 795 | &nbsp;&nbsp;&nbsp;&nbsp; 749 |
| San Jose Unified School Dist., G.O. Rev. Ref. Bonds, Series 2017, 5.00% 8/1/2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 375 | &nbsp;&nbsp;&nbsp;&nbsp; 380 |
| San Jose Unified School Dist., G.O. Rev. Ref. Bonds, Series 2017, 5.00% 8/1/2024 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 500 | &nbsp;&nbsp;&nbsp;&nbsp; 520 |
| San Ramon Valley Unified School Dist., G.O. Bonds, 2012 Election, Series 2018, 5.00% 8/1/2024 | &nbsp;&nbsp;&nbsp;&nbsp; 1000 | &nbsp;&nbsp; 1041 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Santa Margarita Water Dist., Community Facs. Dist. No. 99-1 (Talega), Special Tax Rev. Ref. Bonds, Series 2014-B, <br> 5.00% 9/1/2024 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 530 | &nbsp;&nbsp;&nbsp;&nbsp; 546 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Santa Margarita Water Dist., Community Facs. Dist. No. 99-1 (Talega), Special Tax Rev. Ref. Bonds, Series 2014-B, <br> 5.00% 9/1/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 375 | &nbsp;&nbsp;&nbsp;&nbsp; 387 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Santa Monica - Malibu Unified School Dist., School Facs. Improvement Dist. No. 1 (Santa Monica Schools), <br>G.O. Bonds, 2018 Election, Series 2021-B, 4.00% 8/1/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 405 | &nbsp;&nbsp;&nbsp;&nbsp; 423 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Santa Monica - Malibu Unified School Dist., School Facs. Improvement Dist. No. 2 (Malibu Schools), G.O. Bonds, <br> 2018 Election, Series 2021-B, 4.00% 8/1/2024 | &nbsp;&nbsp;&nbsp;&nbsp; 1235 | &nbsp;&nbsp; 1268 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Santa Monica - Malibu Unified School Dist., School Facs. Improvement Dist. No. 2 (Malibu Schools), G.O. Bonds, <br> 2018 Election, Series 2021-B, 4.00% 8/1/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 345 | &nbsp;&nbsp;&nbsp;&nbsp; 361 |
| Santa Rosa High School Dist., G.O. Bonds, 2014 Election, Series 2021-E, BAM insured, 4.00% 8/1/2027 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 500 | &nbsp;&nbsp;&nbsp;&nbsp; 542 |
| Santa Rosa High School Dist., G.O. Bonds, 2014 Election, Series 2021-E, BAM insured, 4.00% 8/1/2029 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 500 | &nbsp;&nbsp;&nbsp;&nbsp; 551 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Saugus Union School Dist., G.O. Rev. Ref. Bonds, Capital Appreciation Bonds, Series 2006, <br>FGIC-National insured, 0% 8/1/2024 | &nbsp;&nbsp;&nbsp;&nbsp; 1210 | &nbsp;&nbsp; 1163 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Saugus Union School Dist., Saugus/Hart School Facs. Fin. Auth., Community Facs. Dist. No. 2006-1, <br>Special Tax Rev. Bonds, Series 2016, 5.00% 9/1/2024 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 500 | &nbsp;&nbsp;&nbsp;&nbsp; 513 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Saugus Union School Dist., Saugus/Hart School Facs. Fin. Auth., Community Facs. Dist. No. 2006-1, <br>Special Tax Rev. Bonds, Series 2016, 5.00% 9/1/2025 | &nbsp;&nbsp;&nbsp;&nbsp; 1110 | &nbsp;&nbsp; 1160 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; School Fin. Auth., School Fac. Rev. Bonds (Granada Hills Charter Obligated Group), Series 2019, <br>4.00% 7/1/2027<sup>3</sup>  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 740 | &nbsp;&nbsp;&nbsp;&nbsp; 753 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; School Fin. Auth., School Fac. Rev. Bonds (Granada Hills Charter Obligated Group), Series 2019, <br>4.00% 7/1/2029<sup>3</sup>  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 805 | &nbsp;&nbsp;&nbsp;&nbsp; 818 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; School Fin. Auth., School Fac. Rev. Bonds (Granada Hills Charter Obligated Group), Series 2019, <br>5.00% 7/1/2031<sup>3</sup>  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 875 | &nbsp;&nbsp;&nbsp;&nbsp; 915 |
| School Fin. Auth., School Fac. Rev. Bonds (KIPP LA Projects), Series 2014-A, 4.125% 7/1/2024<sup>3</sup>  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 315 | &nbsp;&nbsp;&nbsp;&nbsp; 317 |
| School Fin. Auth., School Fac. Rev. Bonds (KIPP LA Projects), Series 2017-A, 5.00% 7/1/2024<sup>3</sup>  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 585 | &nbsp;&nbsp;&nbsp;&nbsp; 599 |
| School Fin. Auth., School Fac. Rev. Bonds (KIPP LA Projects), Series 2015-A, 3.625% 7/1/2025<sup>3</sup>  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 460 | &nbsp;&nbsp;&nbsp;&nbsp; 462 |
| School Fin. Auth., School Fac. Rev. Bonds (KIPP LA Projects), Series 2017-A, 5.00% 7/1/2026<sup>3</sup>  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 505 | &nbsp;&nbsp;&nbsp;&nbsp; 534 |
| School Fin. Auth., School Fac. Rev. Bonds (KIPP LA Projects), Series 2017-A, 5.00% 7/1/2027<sup>3</sup>  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 600 | &nbsp;&nbsp;&nbsp;&nbsp; 643 |
| School Fin. Auth., School Fac. Rev. Bonds (KIPP SoCal Projects), Series 2019-A, 5.00% 7/1/2023<sup>3</sup>  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 225 | &nbsp;&nbsp;&nbsp;&nbsp; 227 |
| School Fin. Auth., School Fac. Rev. Bonds (KIPP SoCal Projects), Series 2019-A, 5.00% 7/1/2024<sup>3</sup>  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 130 | &nbsp;&nbsp;&nbsp;&nbsp; 133 |
| School Fin. Auth., School Fac. Rev. Bonds (KIPP SoCal Projects), Series 2020-A, 5.00% 7/1/2024<sup>3</sup>  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 100 | &nbsp;&nbsp;&nbsp;&nbsp; 102 |
| School Fin. Auth., School Fac. Rev. Bonds (KIPP SoCal Projects), Series 2019-A, 5.00% 7/1/2025<sup>3</sup>  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 150 | &nbsp;&nbsp;&nbsp;&nbsp; 156 |
| School Fin. Auth., School Fac. Rev. Bonds (KIPP SoCal Projects), Series 2020-A, 5.00% 7/1/2025<sup>3</sup>  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 105 | &nbsp;&nbsp;&nbsp;&nbsp; 109 |
| School Fin. Auth., School Fac. Rev. Bonds (KIPP SoCal Projects), Series 2019-A, 5.00% 7/1/2026<sup>3</sup>  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 105 | &nbsp;&nbsp;&nbsp;&nbsp; 111 |
| School Fin. Auth., School Fac. Rev. Bonds (KIPP SoCal Projects), Series 2020-A, 5.00% 7/1/2026<sup>3</sup>  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 110 | &nbsp;&nbsp;&nbsp;&nbsp; 116 |

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| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued)<br> **California (continued)**<br>| Principal amount<br> (000)<br>| Value<br> (000)<br>|
| School Fin. Auth., School Fac. Rev. Bonds (KIPP SoCal Projects), Series 2019-A, 5.00% 7/1/2027<sup>3</sup>  | USD220 | $236 |
| School Fin. Auth., School Fac. Rev. Bonds (KIPP SoCal Projects), Series 2020-A, 5.00% 7/1/2027<sup>3</sup>  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 100 | &nbsp;&nbsp;&nbsp;&nbsp; 107 |
| School Fin. Auth., School Fac. Rev. Bonds (KIPP SoCal Projects), Series 2020-A, 5.00% 7/1/2028<sup>3</sup>  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 100 | &nbsp;&nbsp;&nbsp;&nbsp; 108 |
| School Fin. Auth., School Fac. Rev. Bonds (KIPP SoCal Projects), Series 2020-A, 5.00% 7/1/2029<sup>3</sup>  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 200 | &nbsp;&nbsp;&nbsp;&nbsp; 219 |
| School Fin. Auth., School Fac. Rev. Bonds (KIPP SoCal Projects), Series 2020-A, 5.00% 7/1/2030<sup>3</sup>  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 200 | &nbsp;&nbsp;&nbsp;&nbsp; 221 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Seal Beach, Community Facs. Dist. No. 2005-1 (Pacific Gateway Business Center), <br>Special Tax Rev. Ref. Bonds, Series 2016, 3.00% 9/1/2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 150 | &nbsp;&nbsp;&nbsp;&nbsp; 149 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Seal Beach, Community Facs. Dist. No. 2005-1 (Pacific Gateway Business Center), <br>Special Tax Rev. Ref. Bonds, Series 2016, 3.00% 9/1/2024 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 145 | &nbsp;&nbsp;&nbsp;&nbsp; 144 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Seal Beach, Community Facs. Dist. No. 2005-1 (Pacific Gateway Business Center), <br>Special Tax Rev. Ref. Bonds, Series 2016, 3.00% 9/1/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 365 | &nbsp;&nbsp;&nbsp;&nbsp; 360 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Seal Beach, Community Facs. Dist. No. 2005-1 (Pacific Gateway Business Center), <br>Special Tax Rev. Ref. Bonds, Series 2016, 3.00% 9/1/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 150 | &nbsp;&nbsp;&nbsp;&nbsp; 147 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Signal Hill, Successor Agcy. to the Redev. Agcy., Tax Allocation Rev. Ref. Bonds, Series 2015-A, <br>BAM insured, 5.00% 10/1/2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 500 | &nbsp;&nbsp;&nbsp;&nbsp; 508 |
| Silicon Valley Clean Water, Wastewater Rev. Notes, Series 2019-A, 3.00% 3/1/2024 | &nbsp;&nbsp;&nbsp;&nbsp; 4065 | &nbsp;&nbsp; 4081 |
| Silicon Valley Clean Water, Wastewater Rev. Notes, Series 2021-B, 0.50% 3/1/2026 | &nbsp;&nbsp;&nbsp;&nbsp; 5040 | &nbsp;&nbsp; 4676 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Solano Community College Dist., G.O. Bonds, 2012 Election, Series 2013-A, <br>4.375% 8/1/2047 (preref. 8/1/2023) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 595 | &nbsp;&nbsp;&nbsp;&nbsp; 601 |
| South Placer Wastewater Auth., Wastewater Rev. Ref. Bonds, Series 2020, 5.00% 11/1/2031 | &nbsp;&nbsp;&nbsp;&nbsp; 2885 | &nbsp;&nbsp; 3474 |
| South Placer Wastewater Auth., Wastewater Rev. Ref. Bonds, Series 2020, 5.00% 11/1/2032 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 500 | &nbsp;&nbsp;&nbsp;&nbsp; 610 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Southern California Public Power Auth., Rev. Ref. Green Bonds (Milford Wind Corridor Phase II Project), <br>Series 2021-1, 5.00% 7/1/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 200 | &nbsp;&nbsp;&nbsp;&nbsp; 220 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Southern California Public Power Auth., Rev. Ref. Green Bonds (Milford Wind Corridor Phase II Project), <br>Series 2021-1, 5.00% 7/1/2027 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 400 | &nbsp;&nbsp;&nbsp;&nbsp; 451 |
| Stanislaus Union School Dist., G.O. Rev. Ref. Bonds, Series 2019, BAM insured, 5.00% 8/1/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 500 | &nbsp;&nbsp;&nbsp;&nbsp; 532 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Statewide Communities Dev. Auth., Multi Family Housing Rev. Bonds (Harriet Tubman Terrace Apartments), <br>Series 2021-Q, 0.24% 4/1/2024 (put 4/1/2023) | &nbsp;&nbsp;&nbsp;&nbsp; 7000 | &nbsp;&nbsp; 6957 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Statewide Communities Dev. Auth., Multi Family Housing Rev. Bonds (Noble Creek Apartments), Series 2022-J, <br> 3.50% 8/1/2025 (put 8/1/2024) | &nbsp;&nbsp;&nbsp;&nbsp; 6887 | &nbsp;&nbsp; 6918 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Statewide Communities Dev. Auth., Multi Family Housing Rev. Bonds (Villa Verde), Series 2022-K-1, <br>3.50% 2/1/2026 (put 2/1/2024) | &nbsp;&nbsp;&nbsp;&nbsp; 2025 | &nbsp;&nbsp; 2026 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Statewide Communities Dev. Auth., Multi Family Housing Rev. Bonds (Villa Verde), Series 2022-L-1, <br>3.50% 3/1/2026 (put 3/1/2024) | &nbsp;&nbsp;&nbsp;&nbsp; 1750 | &nbsp;&nbsp; 1751 |
| Statewide Communities Dev. Auth., Rev. Bonds (Adventist Health System/West), Series 2015-A, 5.00% 3/1/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 750 | &nbsp;&nbsp;&nbsp;&nbsp; 783 |
| Statewide Communities Dev. Auth., Rev. Bonds (Adventist Health System/West), Series 2015-A, 5.00% 3/1/2028 | &nbsp;&nbsp;&nbsp;&nbsp; 2085 | &nbsp;&nbsp; 2213 |
| Statewide Communities Dev. Auth., Rev. Bonds (Adventist Health System/West), Series 2018-A, 5.00% 3/1/2034 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 975 | &nbsp;&nbsp; 1053 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Statewide Communities Dev. Auth., Rev. Bonds (American Baptist Homes of the West), Series 2015, <br>5.00% 10/1/2023 | &nbsp;&nbsp;&nbsp;&nbsp; 1110 | &nbsp;&nbsp; 1122 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Statewide Communities Dev. Auth., Rev. Bonds (Cottage Health System Obligated Group), Series 2015, <br>5.00% 11/1/2043 (preref. 11/1/2024) | &nbsp;&nbsp;&nbsp;&nbsp; 5000 | &nbsp;&nbsp; 5224 |
| Statewide Communities Dev. Auth., Rev. Bonds (Jewish Home of San Francisco), Series 2016, 5.00% 11/1/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 575 | &nbsp;&nbsp;&nbsp;&nbsp; 631 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Statewide Communities Dev. Auth., Rev. Ref. Bonds (Huntington Memorial Hospital), Series 2014-B, <br>5.00% 7/1/2026 (preref. 7/1/2024) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 200 | &nbsp;&nbsp;&nbsp;&nbsp; 208 |
| Statewide Communities Dev. Auth., Rev. Ref. Bonds (Rady Children's Hospital), Series 2016-B, 5.00% 8/15/2028 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 860 | &nbsp;&nbsp;&nbsp;&nbsp; 980 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Statewide Communities Dev. Auth., Student Housing Rev. Bonds (CHF-Irvine, LLC - University of California, Irvine <br> East Campus Apartments, Phase I Ref. and Phase IV-B), Series 2021, BAM insured, 5.00% 5/15/2029 | &nbsp;&nbsp;&nbsp;&nbsp; 1915 | &nbsp;&nbsp; 2174 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Statewide Communities Dev. Auth., Student Housing Rev. Bonds (CHF-Irvine, LLC - University of California, Irvine <br> East Campus Apartments, Phase I Ref. and Phase IV-B), Series 2021, BAM insured, 5.00% 5/15/2031 | &nbsp;&nbsp;&nbsp;&nbsp; 3000 | &nbsp;&nbsp; 3497 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Statewide Communities Dev. Auth., Student Housing Rev. Bonds (CHF-Irvine, LLC - University of California, Irvine <br> East Campus Apartments, Phase I Ref. and Phase IV-B), Series 2021, BAM insured, 5.00% 5/15/2032 | &nbsp;&nbsp;&nbsp;&nbsp; 3500 | &nbsp;&nbsp; 4064 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Statewide Communities Dev. Auth., Student Housing Rev. Ref. Bonds (CHF-Irvine, LLC - University of California, <br> Irvine East Campus Apartments), Series 2016, 5.00% 5/15/2029 | &nbsp;&nbsp;&nbsp;&nbsp; 1250 | &nbsp;&nbsp; 1309 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Stockton Unified School Dist., G.O. Bonds, 2008 Election, Series 2011-D, Assured Guaranty Municipal insured, <br>0% 8/1/2033 | &nbsp;&nbsp;&nbsp;&nbsp; 2500 | &nbsp;&nbsp; 1807 |

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Capital Group California Core Municipal Fund — Page 11 of 23

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| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued)<br> **California (continued)**<br>| Principal amount<br> (000)<br>| Value<br> (000)<br>|
| Stockton Unified School Dist., G.O. Bonds, 2012 Election, Series 2018-C, BAM insured, 5.00% 8/1/2030 | USD2,145 | $2471 |
| Sweetwater Union High School Dist., G.O. Bonds, 2006 Election, Series 2006, 4.00% 8/1/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 515 | &nbsp;&nbsp;&nbsp;&nbsp; 538 |
| Sweetwater Union High School Dist., G.O. Rev. Ref. Bonds, Series 2014, BAM insured, 5.00% 8/1/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1715 | &nbsp;&nbsp; 1778 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Tobacco Securitization Auth. of Southern California, Tobacco Settlement Asset-Backed Rev. Ref. Bonds <br>(San Diego County Tobacco Asset Securitization Corp.), Series 2019-A, 5.00% 6/1/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1000 | &nbsp;&nbsp; 1044 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Tobacco Securitization Auth., Tobacco Settlement Asset-Backed Rev. Ref. Senior Bonds <br>(Sacramento County Tobacco Securitization Corp), Series 2021-A-1, 5.00% 6/1/2027 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1550 | &nbsp;&nbsp; 1682 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Tracy, Successor Agcy. to the Community Dev. Agcy., Tax Allocation Rev. Ref. Bonds, Series 2016, <br>Assured Guaranty Municipal insured, 5.00% 8/1/2030 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 545 | &nbsp;&nbsp;&nbsp;&nbsp; 579 |
| Transbay Joint Powers Auth., Senior Tax Allocation Green Bonds, Series 2020-A, 5.00% 10/1/2027 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 600 | &nbsp;&nbsp;&nbsp;&nbsp; 655 |
| Transbay Joint Powers Auth., Senior Tax Allocation Green Bonds, Series 2020-A, 5.00% 10/1/2028 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 700 | &nbsp;&nbsp;&nbsp;&nbsp; 776 |
| Transbay Joint Powers Auth., Senior Tax Allocation Green Bonds, Series 2020-A, 5.00% 10/1/2029 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 660 | &nbsp;&nbsp;&nbsp;&nbsp; 741 |
| Transbay Joint Powers Auth., Senior Tax Allocation Green Bonds, Series 2020-A, 5.00% 10/1/2030 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 300 | &nbsp;&nbsp;&nbsp;&nbsp; 338 |
| City of Turlock, Irrigation Dist., Rev. Ref. Bonds, Series 2020, 5.00% 1/1/2031 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1600 | &nbsp;&nbsp; 1890 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Tustin, Community Facs. Dist. No. 06-1 (Tustin Legacy / Columbus Villages), Special Tax Rev. Ref. Bonds, <br> Series 2015-A, 5.00% 9/1/2024 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 860 | &nbsp;&nbsp;&nbsp;&nbsp; 891 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Twin Rivers Unified School Dist., G.O. Rev. Ref. Bonds, Series 2016-B, Assured Guaranty Municipal insured, <br>5.00% 8/1/2024 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 400 | &nbsp;&nbsp;&nbsp;&nbsp; 414 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Ukiah Unified School Dist., G.O. Bonds, Capital Appreciation Bonds, 2005 Election, Series 2006, National insured, <br> 0% 8/1/2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1500 | &nbsp;&nbsp; 1481 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Union City, Successor Agcy. to the Redev. Agcy., Tax Allocation Rev. Ref. Redev. Bonds, Series 2015-A, <br>5.00% 10/1/2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 375 | &nbsp;&nbsp;&nbsp;&nbsp; 381 |
| Regents of the University of California, General Rev. Bonds, Series 2023-BM, 5.00% 5/15/2031 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 750 | &nbsp;&nbsp;&nbsp;&nbsp; 917 |
| Regents of the University of California, General Rev. Bonds, Series 2023-BM, 5.00% 5/15/2032 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3000 | &nbsp;&nbsp; 3730 |
| Regents of the University of California, Limited Project Rev. Bonds, Series 2022-S, 5.00% 5/15/2031 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1150 | &nbsp;&nbsp; 1399 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Val Verde Unified School Dist., G.O. Rev. Ref. Bonds, Series 2016-A, Assured Guaranty Municipal insured, <br>4.00% 8/1/2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 600 | &nbsp;&nbsp;&nbsp;&nbsp; 605 |
| City of Vernon, Electric System Rev. Bonds, Series 2022-A, 5.00% 4/1/2028 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 590 | &nbsp;&nbsp;&nbsp;&nbsp; 647 |
| Dept. of Veterans Affairs, Home Purchase Rev. Bonds, Series 2016-B, 3.50% 12/1/2045 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2315 | &nbsp;&nbsp; 2314 |
| Dept. of Veterans Affairs, Home Purchase Rev. Bonds, Series 2019-A, 4.00% 12/1/2049 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2070 | &nbsp;&nbsp; 2098 |
| Dept. of Veterans Affairs, Home Purchase Rev. Bonds, Series 2020-A, 3.00% 12/1/2050 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6340 | &nbsp;&nbsp; 6277 |
| Dept. of Veterans Affairs, Home Purchase Rev. Bonds, Series 2022-A, 5.50% 12/1/2052 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2705 | &nbsp;&nbsp; 2961 |
| Dept. of Veterans Affairs, Veterans G.O. Bonds, Series 2017-CQ, 4.00% 12/1/2047 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 930 | &nbsp;&nbsp;&nbsp;&nbsp; 939 |
| Dept. of Veterans Affairs, Veterans G.O. Bonds, Series 2018-CR, 4.00% 12/1/2048 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3320 | &nbsp;&nbsp; 3362 |
| Dept. of Veterans Affairs, Veterans G.O. Bonds, Series 2019-CS, 4.00% 12/1/2049 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1970 | &nbsp;&nbsp; 1995 |
| Dept. of Veterans Affairs, Veterans G.O. Bonds, Series 2020-CT, 3.00% 12/1/2050 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4425 | &nbsp;&nbsp; 4380 |
| Dept. of Veterans Affairs, Veterans G.O. Bonds, Series 2022-CU, 5.50% 12/1/2052 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1900 | &nbsp;&nbsp; 2076 |
| Dept. of Veterans Affairs, Veterans G.O. Rev. Ref. Bonds, Series 2016-CN, 3.50% 12/1/2045 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 370 | &nbsp;&nbsp;&nbsp;&nbsp; 370 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Victor Valley Union High School Dist., G.O. Rev. Ref. Bonds, Series 2016-B, Assured Guaranty Municipal insured, <br> 4.00% 8/1/2024 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 730 | &nbsp;&nbsp;&nbsp;&nbsp; 747 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Victor Valley Union High School Dist., G.O. Rev. Ref. Bonds, Series 2016-B, Assured Guaranty Municipal insured, <br> 4.00% 8/1/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 270 | &nbsp;&nbsp;&nbsp;&nbsp; 288 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Vista, Successor Agcy. to the Redev. Agcy., Tax Allocation Rev. Ref. Redev. Bonds, Series 2015-B-1, <br>Assured Guaranty Municipal insured, 4.00% 9/1/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 400 | &nbsp;&nbsp;&nbsp;&nbsp; 415 |
| Dept. of Water Resources, Water System Rev. Bonds (Central Valley Project), Series 2016-AV, 4.00% 12/1/2033 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3260 | &nbsp;&nbsp; 3441 |
| West Basin Municipal Water Dist., Rev. Ref. Bonds, Series 2021-A, 5.00% 8/1/2030 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1575 | &nbsp;&nbsp; 1885 |
| West Basin Municipal Water Dist., Rev. Ref. Bonds, Series 2021-A, 5.00% 8/1/2031 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 745 | &nbsp;&nbsp;&nbsp;&nbsp; 909 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; West Contra Costa Unified School Dist., G.O. Bonds, 2010 Election, Series 2020-F, <br>Assured Guaranty Municipal insured, 4.00% 8/1/2028 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 600 | &nbsp;&nbsp;&nbsp;&nbsp; 651 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; West Contra Costa Unified School Dist., G.O. Bonds, 2012 Election, Series 2020-E, <br>Assured Guaranty Municipal insured, 4.00% 8/1/2030 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 900 | &nbsp;&nbsp;&nbsp;&nbsp; 999 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; West Contra Costa Unified School Dist., G.O. Bonds, Capital Appreciation Bonds, 2002 Election, Series 2005-D, <br> National insured, 0% 8/1/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2425 | &nbsp;&nbsp; 2210 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; West Contra Costa Unified School Dist., G.O. Bonds, Capital Appreciation Bonds, 2002 Election, Series 2005-D, <br> National insured, 0% 8/1/2031 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2585 | &nbsp;&nbsp; 1992 |

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Capital Group California Core Municipal Fund — Page 12 of 23

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**unaudited**

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| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued)<br> **California (continued)**<br>| Principal amount<br> (000)<br>| Value<br> (000)<br>|
| West Contra Costa Unified School Dist., G.O. Rev. Ref. Bonds, 2005 Election, Series 2008-B, 6.00% 8/1/2027 | USD3,000 | $3475 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Westminster School Dist., G.O. Bonds, Capital Appreciation Bonds, 2008 Election, Series 2009-A-1, <br>Assured Guaranty insured, 0% 8/1/2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 987 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Westside Union School Dist., G.O. Bonds, Capital Appreciation Bonds, Series 2002-A, National insured, <br>0% 8/1/2027 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 708 |
| Whittier City School Dist., G.O. Rev. Ref. Bonds, Series 2016, 4.00% 8/1/2030 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 825 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 871 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Woodland, Community Facs. Dist. No. 2004-1 (Spring Lake), Special Tax Capital Projects Bonds, <br>Series 2021, Assured Guaranty Municipal insured, 4.00% 9/1/2029 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 215 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 229 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Woodland, Community Facs. Dist. No. 2004-1 (Spring Lake), Special Tax Capital Projects Bonds, <br>Series 2021, Assured Guaranty Municipal insured, 4.00% 9/1/2030 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 235 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 249 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Woodland, Community Facs. Dist. No. 2004-1 (Spring Lake), Special Tax Capital Projects Bonds, <br>Series 2021, Assured Guaranty Municipal insured, 4.00% 9/1/2031 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 260 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 276 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Yosemite Community College Dist., G.O. Bonds, Capital Appreciation Bonds, 2004 Election, Series 2010-D, <br>0% 8/1/2031 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 390 |
|  |  | &nbsp;&nbsp; 559295 |
| **Missouri 0.01%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Housing Dev. Commission, Single Family Mortgage Rev. Bonds (Special Homeownership Loan Program), <br>Series 2015-A, 3.75% 5/1/2038 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 60 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 60 |
| **Texas 0.08%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Tarrant County Cultural Education Facs. Fin. Corp., Rev. Ref. Bonds (Christus Health), Series 2018-A, <br>5.00% 7/1/2024 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 516 |
| **United States 0.28%** |  |  |
| Freddie Mac, Multi Family Mortgage Bonds, Series 2019-ML-05, Class ACA, 3.35% 11/25/2033 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1901 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1831 |
| **Total bonds, notes & other debt instruments** (cost: $572,375,000) |  | &nbsp;&nbsp; 561702 |
| Short-term securities 12.96%<br> **Municipals 12.96%**<br>|  |  |
| Fin. Auth., Recovery Zone Fac. Bonds (Chevron U.S.A., Inc. Project), Series 2010-B, 0.65% 11/1/2035<sup>1</sup>  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9900 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Irvine, Reassessment Dist. No. 87-8, Limited Obligation Improvement Bonds, Series 1999, <br>0.51% 9/2/2024<sup>1</sup>  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1000 |
| Irvine Ranch Water Dist. Nos. 105, 140, 240 and 250, Consolidated G.O. Bonds, Series 1993, 0.50% 4/1/2033<sup>1</sup>  | &nbsp;&nbsp;&nbsp;&nbsp; 17400 | &nbsp;&nbsp;&nbsp;&nbsp; 17400 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Kern Community College Dist., Facs. Improvement Dist. No. 1, G.O. Bond Anticipation Notes, <br>Capital Appreciation Notes, Series 2020, 0% 8/1/2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1975 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Los Angeles, Dept. of Water and Power, Power System Demand Rev. Bonds, Series 2002-A-2, <br>0.51% 7/1/2035<sup>1</sup>  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2000 |
| City of Los Angeles, Dept. of Water and Power, Rev. Bonds, Series 2021-A-1, 0.40% 7/1/2050<sup>1</sup>  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8500 |
| City of Los Angeles, Tax and Rev. Anticipation Notes, Series 2022, 4.00% 6/29/2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3020 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Metropolitan Water Dist. of Southern California, Water Rev. Ref. Bonds, Series 2016-B-2, <br>0.40% 7/1/2037<sup>1</sup>  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2235 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2235 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Municipal Fin. Auth., Pollution Control Rev. Ref. Bonds (Chevron U.S.A., Inc. Project), Series 2005, <br>0.76% 6/1/2025<sup>1</sup>  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2200 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pollution Control Fncg. Auth., Environmental Impact Rev. Bonds (Air Products and Chemicals, Inc. Project), <br>Series 1997-B, 0.37% 3/1/2042<sup>1</sup>  | &nbsp;&nbsp;&nbsp;&nbsp; 14300 | &nbsp;&nbsp;&nbsp;&nbsp; 14300 |
| County of Riverside, Tax and Rev. Anticipation Notes, Series 2022, 5.00% 6/30/2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5054 |
| San Diego Unified School Dist., Tax and Rev. Anticipation Notes, Series 2022-A, 4.00% 6/30/2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3585 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3608 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Statewide Communities Dev. Auth., Pollution Control Rev. Ref. Bonds (Chevron U.S.A., Inc. Project), Series 2002, <br> 0.76% 5/15/2024<sup>1</sup>  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2435 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2435 |
| Regents of the University of California, General Rev. Bonds, Series 2013-AL-1, 0.36% 5/15/2048<sup>1</sup>  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5850 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5850 |

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Capital Group California Core Municipal Fund — Page 13 of 23

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**unaudited**

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| | | |
|:---|:---|:---|
| Short-term securities (continued)<br> **Municipals (continued)**<br>| Principal amount<br> (000)<br>| Value<br> (000)<br>|
| Regents of the University of California, General Rev. Bonds, Series 2013-AL-2, 0.40% 5/15/2048<sup>1</sup>  | USD800 | $800 |
| Regents of the University of California, Medical Center Pooled Rev. Bonds, Series 2007-B-1, 0.45% 5/15/2032<sup>1</sup>  | &nbsp;&nbsp;&nbsp;&nbsp; 2500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2500 |
| Regents of the University of California, Medical Center Pooled Rev. Bonds, Series 2020-O-1, 0.45% 5/15/2045<sup>1</sup>  | &nbsp;&nbsp;&nbsp;&nbsp; 2000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2000 |
| **Total short-term securities** (cost: $84,801,000) |  | &nbsp;&nbsp;&nbsp;&nbsp; 84777 |
| **Total investment securities 98.83%** (cost: $657,176,000) |  | &nbsp;&nbsp; 646479 |
| **Other assets less liabilities 1.17%** |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7683 |
| **Net assets 100.00%** |  | $654162 |

---

Futures contracts

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| Contracts | Type | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Number of <br>contracts<br>| Expiration | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Notional <br>amount <br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(000)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Value and <br>unrealized <br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(depreciation) <br>appreciation <br>at 1/31/2023 <br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(000)<br>|
| 2 Year U.S. Treasury Note Futures | Long | 80 | March 2023 | USD16,452 | $(43) |
| 5 Year U.S. Treasury Note Futures | Long | 859 | March 2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 93839 | &nbsp;&nbsp;&nbsp; 919 |
| 10 Year Ultra U.S. Treasury Note Futures | Short | 186 | March 2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (22544) | &nbsp;&nbsp;&nbsp;&nbsp; (36) |
| 30 Year Ultra U.S. Treasury Bond Futures | Short | 105 | March 2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (14883) | &nbsp;&nbsp; (540) |
|  |  |  |  |  | $300 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

<sup>1</sup> Coupon rate may change periodically. Reference rate and spread are as of the most recent information available. Some coupon rates are determined by the issuer or agent based on current market conditions; therefore, the reference rate and spread are not available. For short-term securities, the date of the next scheduled coupon rate change is considered to be the maturity date. 

<sup>2</sup> Step bond; coupon rate may change at a later date.

<sup>3</sup> Acquired in a transaction exempt from registration under Rule 144A or, for commercial paper, Section 4(a)(2) of the Securities Act of 1933. May be resold in the U.S. in transactions exempt from registration, normally to qualified institutional buyers. The total value of all such securities was $6,886,000, which represented 1.05% of the net assets of the fund. 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| |
|:---|
| **Key to abbreviations** |
| Agcy. = Agency |
| Assn. = Association |
| Auth. = Authority |
| Certs. = Certificates |
| Dept. = Department |
| Dev. = Development |
| Dist. = District |
| Dists. = Districts |
| Econ. = Economic |
| Fac. = Facility |
| Facs. = Facilities |

---

---

| |
|:---|
| Fin. = Finance |
| Fncg. = Financing |
| G.O. = General Obligation |
| Part. = Participation |
| Preref. = Prerefunded |
| Redev. = Redevelopment |
| Ref. = Refunding |
| Rev. = Revenue |
| SIFMA = Securities Industry and Financial Markets Association |
| USD = U.S. dollars |

---

Capital Group California Core Municipal Fund — Page 14 of 23

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![](img6b0cfd811.jpg)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

**Capital Group California Short-Term Municipal Fund** <br>Investment portfolio <br>January 31, 2023

**unaudited**

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments 87.33%<br> **California 87.33%**<br>| Principal amount<br> (000)<br>| Value<br> (000)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Anaheim, Housing and Public Improvements Auth., Rev. Bonds <br>(Electric Utility Distribution System Improvements), Series 2020-A, 5.00% 10/1/2023 | USD200 | $204 |
| City of Bakersfield, Wastewater Rev. Ref. Bonds, Series 2015-A, 5.00% 9/15/2027 | &nbsp;&nbsp;&nbsp;&nbsp; 1000 | &nbsp;&nbsp; 1074 |
| Trustees of the California State University, Systemwide Rev. Bonds, Series 2013-A, 5.00% 11/1/2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 400 | &nbsp;&nbsp;&nbsp;&nbsp; 408 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Trustees of the California State University, Systemwide Rev. Bonds, Series 2016-B-3, <br>4.00% 11/1/2051 (put 11/1/2023) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 650 | &nbsp;&nbsp;&nbsp;&nbsp; 652 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Chino Basin Regional Fin. Auth., Rev. Notes (Inland Empire Utilities Interim Fncg.), Series 2020-B, <br>4.00% 11/1/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 500 | &nbsp;&nbsp;&nbsp;&nbsp; 522 |
| City of Chino, Community Facs. Dist. No. 2003-3, Special Tax Bonds, Series 2021, 4.00% 9/1/2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 395 | &nbsp;&nbsp;&nbsp;&nbsp; 396 |
| City of Chino, Community Facs. Dist. No. 2003-3, Special Tax Bonds, Series 2021, 4.00% 9/1/2024 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 410 | &nbsp;&nbsp;&nbsp;&nbsp; 413 |
| City of Chino, Community Facs. Dist. No. 2003-3, Special Tax Bonds, Series 2021, 4.00% 9/1/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 430 | &nbsp;&nbsp;&nbsp;&nbsp; 436 |
| Citrus Community College Dist., G.O. Bonds, 2020 Election, Series 2021-A, 4.00% 8/1/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 370 | &nbsp;&nbsp;&nbsp;&nbsp; 387 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Coast Community College Dist., G.O. Bonds, Capital Appreciation Bonds, Series 2006-B, <br>Assured Guaranty Municipal insured, 0% 8/1/2026 | &nbsp;&nbsp;&nbsp;&nbsp; 1205 | &nbsp;&nbsp; 1111 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Community Choice Fncg. Auth., Clean Energy Project Rev. Green Bonds, Series 2023-B-1, <br>5.00% 7/1/2053 (put 8/1/2029) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 900 | &nbsp;&nbsp;&nbsp;&nbsp; 964 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Community Choice Fncg. Auth., Clean Energy Project Rev. Green Bonds, Series 2021-B-1, <br>5.00% 12/1/2053 (put 8/1/2029) | &nbsp;&nbsp;&nbsp;&nbsp; 1000 | &nbsp;&nbsp; 1068 |
| Compton Unified School Dist., G.O. Bonds, 2015 Election, Series 2019-B, BAM insured, 5.00% 6/1/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 125 | &nbsp;&nbsp;&nbsp;&nbsp; 133 |
| Compton Unified School Dist., G.O. Bonds, 2015 Election, Series 2019-B, BAM insured, 5.00% 6/1/2027 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 500 | &nbsp;&nbsp;&nbsp;&nbsp; 560 |
| Del Mar Union School Dist., Community Facs. Dist. No. 99-1, Special Tax Bonds, Series 2019, 4.00% 9/1/2024 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 400 | &nbsp;&nbsp;&nbsp;&nbsp; 405 |
| Del Mar Union School Dist., Community Facs. Dist. No. 99-1, Special Tax Bonds, Series 2019, 4.00% 9/1/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 410 | &nbsp;&nbsp;&nbsp;&nbsp; 419 |
| East Side Union High School Dist., G.O. Rev. Ref. Bonds, Series 2020, BAM insured, 5.00% 8/1/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 845 | &nbsp;&nbsp;&nbsp;&nbsp; 904 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Eastern Municipal Water Dist., Community Facs. Dist. No. 2017-79 (Eagle Crest), Special Tax Bonds, Series 2021, <br> 4.00% 9/1/2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 255 | &nbsp;&nbsp;&nbsp;&nbsp; 256 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Eastern Municipal Water Dist., Community Facs. Dist. No. 2017-79 (Eagle Crest), Special Tax Bonds, Series 2021, <br> 4.00% 9/1/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 275 | &nbsp;&nbsp;&nbsp;&nbsp; 280 |
| Eastern Municipal Water Dist., Fin. Auth., Water and Wastewater Rev. Ref. Bonds, Series 2020-A, 5.00% 7/1/2024 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 225 | &nbsp;&nbsp;&nbsp;&nbsp; 234 |
| Eastern Municipal Water Dist., Fin. Auth., Water and Wastewater Rev. Ref. Bonds, Series 2020-A, 5.00% 7/1/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 300 | &nbsp;&nbsp;&nbsp;&nbsp; 330 |
| Educational Facs. Auth., Rev. Bonds (Chapman University), Series 2021-A, 5.00% 4/1/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 425 | &nbsp;&nbsp;&nbsp;&nbsp; 449 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; County of El Dorado, Community Facs. Dist. No. 1992-1 (El Dorado Hills Dev.), Special Tax Rev. Ref. Bonds, <br>Series 2012, 5.00% 9/1/2025 | &nbsp;&nbsp;&nbsp;&nbsp; 1000 | &nbsp;&nbsp; 1002 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Escondido Union High School Dist., G.O. Bonds, 2008 Election, Series 2009-A, Assured Guaranty insured, <br>0% 8/1/2028 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 500 | &nbsp;&nbsp;&nbsp;&nbsp; 430 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Fowler Unified School Dist., G.O. Rev. Ref. Bonds, Series 2014, Assured Guaranty Municipal insured, <br>4.00% 8/1/2024 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 745 | &nbsp;&nbsp;&nbsp;&nbsp; 762 |
| G.O. Bonds, Series 2022, 5.00% 4/1/2027 | &nbsp;&nbsp;&nbsp;&nbsp; 1000 | &nbsp;&nbsp; 1118 |
| G.O. Rev. Ref. Bonds, Series 2022-B, 4.00% 9/1/2028 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 700 | &nbsp;&nbsp;&nbsp;&nbsp; 770 |
| G.O. Rev. Ref. Bonds, Series 2021, 5.00% 12/1/2028 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 500 | &nbsp;&nbsp;&nbsp;&nbsp; 581 |
| G.O. Rev. Ref. Bonds, Series 2019, 5.00% 4/1/2029 | &nbsp;&nbsp;&nbsp;&nbsp; 1000 | &nbsp;&nbsp; 1171 |
| G.O. Rev. Ref. Bonds, Series 2022, 4.00% 9/1/2029 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 750 | &nbsp;&nbsp;&nbsp;&nbsp; 836 |
| G.O. Rev. Ref. Bonds, Series 2021, 5.00% 9/1/2029 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 500 | &nbsp;&nbsp;&nbsp;&nbsp; 591 |
| G.O. Rev. Ref. Bonds, Series 2016, 4.00% 9/1/2031 | &nbsp;&nbsp;&nbsp;&nbsp; 1100 | &nbsp;&nbsp; 1165 |
| Glendale Community College Dist., G.O. Rev. Ref. Bonds, 2016 Election, Series 2020-B, 4.00% 8/1/2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 500 | &nbsp;&nbsp;&nbsp;&nbsp; 504 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Golden State Tobacco Securitization Corp., Enhanced Tobacco Settlement Asset-Backed Bonds, Series 2015-A, <br> 5.00% 6/1/2033 (preref. 6/1/2025) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 720 | &nbsp;&nbsp;&nbsp;&nbsp; 766 |
| Grossmont Healthcare Dist., G.O. Rev. Ref. Bonds, Series 2021-E, 5.00% 7/15/2028 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 320 | &nbsp;&nbsp;&nbsp;&nbsp; 365 |

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| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued)<br> **California (continued)**<br>| Principal amount<br> (000)<br>| Value<br> (000)<br>|
| Health Facs. Fncg. Auth., Rev. Bonds (Adventist Health System/West), Series 2013-A, 5.00% 3/1/2024 | USD410 | $411 |
| Health Facs. Fncg. Auth., Rev. Bonds (El Camino Hospital), Series 2017, 5.00% 8/15/2025 (escrowed to maturity) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 400 | &nbsp;&nbsp;&nbsp;&nbsp; 429 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Health Facs. Fncg. Auth., Rev. Bonds (Providence St. Joseph Health), Series 2016-B-2, <br>4.00% 10/1/2036 (put 10/1/2024) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 110 | &nbsp;&nbsp;&nbsp;&nbsp; 113 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Health Facs. Fncg. Auth., Rev. Bonds (Providence St. Joseph Health), Series 2019-B, <br>5.00% 10/1/2039 (put 10/1/2027) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 565 | &nbsp;&nbsp;&nbsp;&nbsp; 624 |
| Health Facs. Fncg. Auth., Rev. Bonds (Sutter Health), Series 2018-A, 5.00% 11/15/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 400 | &nbsp;&nbsp;&nbsp;&nbsp; 428 |
| Health Facs. Fncg. Auth., Rev. Bonds (Sutter Health), Series 2016-A, 5.00% 11/15/2026 (preref. 11/15/2025) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 275 | &nbsp;&nbsp;&nbsp;&nbsp; 296 |
| Health Facs. Fncg. Auth., Rev. Bonds (Sutter Health), Series 2018-A, 5.00% 11/15/2027 | &nbsp;&nbsp;&nbsp;&nbsp; 1000 | &nbsp;&nbsp; 1124 |
| Health Facs. Fncg. Auth., Rev. Bonds (Sutter Health), Series 2016-A, 5.00% 11/15/2046 (preref. 11/15/2025) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 250 | &nbsp;&nbsp;&nbsp;&nbsp; 269 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Health Facs. Fncg. Auth., Rev. Ref. Bonds (Lucile Salter Packard Children's Hospital at Stanford), Series 2022-A, <br> 5.00% 5/15/2024 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 680 | &nbsp;&nbsp;&nbsp;&nbsp; 700 |
| Health Facs. Fncg. Auth., Rev. Ref. Bonds (Marshall Medical Center), Series 2015, 5.00% 11/1/2028 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 315 | &nbsp;&nbsp;&nbsp;&nbsp; 331 |
| Health Facs. Fncg. Auth., Rev. Ref. Bonds (Sutter Health), Series 2016-B, 5.00% 11/15/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 700 | &nbsp;&nbsp;&nbsp;&nbsp; 769 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Hemet Unified School Dist., G.O. Rev. Ref. Bonds, Series 2014, Assured Guaranty Municipal insured, <br>4.00% 8/1/2024 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 500 | &nbsp;&nbsp;&nbsp;&nbsp; 511 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Infrastructure and Econ. Dev. Bank, Rev. Ref. Bonds (J. Paul Getty Trust), Series 2021-B-2, <br>3.00% 10/1/2047 (put 10/1/2026) | &nbsp;&nbsp;&nbsp;&nbsp; 1500 | &nbsp;&nbsp; 1527 |
| City of Irvine, Reassessment Dist. No. 12-1, Limited Obligation Improvement Bonds, Series 2015, 5.00% 9/2/2024 | &nbsp;&nbsp;&nbsp;&nbsp; 1000 | &nbsp;&nbsp; 1038 |
| City of Irvine, Reassessment Dist. No. 12-1, Limited Obligation Improvement Bonds, Series 2015, 5.00% 9/2/2029 | &nbsp;&nbsp;&nbsp;&nbsp; 1000 | &nbsp;&nbsp; 1048 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Irvine Unified School Dist., Community Facs. Dist. No. 09-1, Special Tax Bonds, Series 2017-A, BAM insured, <br>5.00% 9/1/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 250 | &nbsp;&nbsp;&nbsp;&nbsp; 262 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Jurupa Unified School Dist., Fncg. Auth., Special Tax Rev. Ref. Bonds <br>(Community Facs. Dists. Nos. 10, 12, 13 and 15), Series 2021-A, BAM insured, 4.00% 9/1/2027 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 285 | &nbsp;&nbsp;&nbsp;&nbsp; 301 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Jurupa Unified School Dist., Fncg. Auth., Special Tax Rev. Ref. Bonds <br>(Community Facs. Dists. Nos. 10, 12, 13 and 15), Series 2021-A, BAM insured, 4.00% 9/1/2028 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 275 | &nbsp;&nbsp;&nbsp;&nbsp; 298 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; County of Kern, Water Agcy., Improvement Dist. No. 4, Water Rev. Ref. Bonds, Series 2016-A, <br>Assured Guaranty Municipal insured, 5.00% 5/1/2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 800 | &nbsp;&nbsp;&nbsp;&nbsp; 805 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Kern Community College Dist., Facs. Improvement Dist. No. 1, G.O. Bonds, 2016 Election, Series 2020-C, <br>4.00% 8/1/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 645 | &nbsp;&nbsp;&nbsp;&nbsp; 684 |
| La Canada Unified School Dist., G.O. Bonds, 2017 Election, Series 2020-B, 4.00% 8/1/2024 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 425 | &nbsp;&nbsp;&nbsp;&nbsp; 437 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Lake Elsinore, Facs. Fin. Auth., Local Agcy. Rev. Ref. Bonds, Series 2021-B, <br>Assured Guaranty Municipal insured, 4.00% 9/1/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 195 | &nbsp;&nbsp;&nbsp;&nbsp; 206 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Lake Elsinore, Facs. Fin. Auth., Local Agcy. Rev. Ref. Bonds, Series 2021-B, <br>Assured Guaranty Municipal insured, 4.00% 9/1/2027 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 210 | &nbsp;&nbsp;&nbsp;&nbsp; 226 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Los Angeles, Dept. of Airports, Los Angeles International Airport, Rev. Ref. Bonds, Series 2022-E, <br>5.00% 5/15/2030 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 250 | &nbsp;&nbsp;&nbsp;&nbsp; 298 |
| City of Los Angeles, Dept. of Water and Power, Power System Rev. Bonds, Series 2014-D, 4.00% 7/1/2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 500 | &nbsp;&nbsp;&nbsp;&nbsp; 504 |
| City of Los Angeles, Dept. of Water and Power, Power System Rev. Bonds, Series 2014-B, 5.00% 7/1/2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 825 | &nbsp;&nbsp;&nbsp;&nbsp; 834 |
| City of Los Angeles, Dept. of Water and Power, Power System Rev. Bonds, Series 2017-B, 5.00% 7/1/2033 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 700 | &nbsp;&nbsp;&nbsp;&nbsp; 776 |
| City of Los Angeles, Dept. of Water and Power, Water System Rev. Bonds, Series 2020-A, 5.00% 7/1/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 500 | &nbsp;&nbsp;&nbsp;&nbsp; 535 |
| City of Los Angeles, Dept. of Water and Power, Water System Rev. Bonds, Series 2020-A, 5.00% 7/1/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 300 | &nbsp;&nbsp;&nbsp;&nbsp; 330 |
| City of Los Angeles, Solid Waste Resources Rev. Bonds, Series 2013-A, 2.00% 2/1/2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 500 | &nbsp;&nbsp;&nbsp;&nbsp; 500 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; County of Los Angeles, Community Facs. Dist. No. 2021-01 (Valencia Facs.), Improvement Area No. 1, <br>Special Tax Bonds, Series 2022, 5.00% 9/1/2029 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 150 | &nbsp;&nbsp;&nbsp;&nbsp; 168 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; County of Los Angeles, Community Facs. Dist. No. 2021-01 (Valencia Facs.), Improvement Area No. 1, <br>Special Tax Bonds, Series 2022, 5.00% 9/1/2030 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 175 | &nbsp;&nbsp;&nbsp;&nbsp; 193 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; County of Los Angeles, Metropolitan Transportation Auth., Measure R Sales Tax Rev. Ref. Green Bonds, <br>Series 2020-A, 5.00% 6/1/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 400 | &nbsp;&nbsp;&nbsp;&nbsp; 439 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; County of Los Angeles, Metropolitan Transportation Auth., Proposition C Sales Tax Rev. Bonds, Series 2021-A, <br> 5.00% 7/1/2027 | &nbsp;&nbsp;&nbsp;&nbsp; 1425 | &nbsp;&nbsp; 1606 |
| Los Angeles Community College Dist., G.O. Bonds, 2016 Election, Series 2022-C-1, 5.00% 8/1/2026 | &nbsp;&nbsp;&nbsp;&nbsp; 1500 | &nbsp;&nbsp; 1652 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Los Angeles County Facs., Inc., Lease Rev. Bonds (Vermont Corridor County Administration Building), <br>Series 2018-A, 5.00% 12/1/2051 (preref. 12/1/2028) | &nbsp;&nbsp;&nbsp;&nbsp; 1000 | &nbsp;&nbsp; 1150 |

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| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued)<br> **California (continued)**<br>| Principal amount<br> (000)<br>| Value<br> (000)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Los Angeles Unified School Dist., G.O. Dedicated Unlimited Ad Valorem Property Tax Bonds, Series 2020-RYQ, <br> 5.00% 7/1/2025 | USD750 | $801 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Los Angeles Unified School Dist., G.O. Dedicated Unlimited Ad Valorem Property Tax Bonds, <br>Series 2016-B, 5.00% 7/1/2027 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 750 | &nbsp;&nbsp;&nbsp;&nbsp; 824 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Los Angeles Unified School Dist., G.O. Dedicated Unlimited Ad Valorem Property Tax Rev. Ref. Bonds, <br>Series 2017-A, 5.00% 7/1/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 500 | &nbsp;&nbsp;&nbsp;&nbsp; 549 |
| Los Angeles Unified School Dist., G.O. Rev. Ref. Bonds, Series 2015-A, 5.00% 7/1/2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 685 | &nbsp;&nbsp;&nbsp;&nbsp; 692 |
| Los Angeles Unified School Dist., G.O. Rev. Ref. Bonds, Series 2014-C, 5.00% 7/1/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 500 | &nbsp;&nbsp;&nbsp;&nbsp; 520 |
| Los Angeles Unified School Dist., G.O. Rev. Ref. Bonds, Series 2014-D, 5.00% 7/1/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 500 | &nbsp;&nbsp;&nbsp;&nbsp; 521 |
| Menifee Union School Dist., Public Fncg. Auth., Special Tax Rev. Bonds, Series 2016-A, 5.00% 9/1/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 755 | &nbsp;&nbsp;&nbsp;&nbsp; 792 |
| Metropolitan Water Dist. of Southern California, Water Rev. Ref. Bonds, Series 2022-B, 3.00% 7/1/2028 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 955 | &nbsp;&nbsp; 1002 |
| Modesto Irrigation Dist., Electric System Rev. Ref. Bonds, Series 2016, 5.00% 10/1/2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 160 | &nbsp;&nbsp;&nbsp;&nbsp; 163 |
| Modesto Irrigation Dist., Electric System Rev. Ref. Bonds, Series 2021, 5.00% 7/1/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 635 | &nbsp;&nbsp;&nbsp;&nbsp; 694 |
| Monrovia Unified School Dist., G.O. Rev. Ref. Bonds, Series 2015, 5.00% 8/1/2027 | &nbsp;&nbsp;&nbsp;&nbsp; 1005 | &nbsp;&nbsp; 1076 |
| Mountain View Whisman School Dist., G.O. Bonds, 2012 Election, Series 2016-B, 5.00% 9/1/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 610 | &nbsp;&nbsp;&nbsp;&nbsp; 656 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Municipal Fin. Auth., Multi Family Housing Rev. Bonds (Walnut Apartments), Series 2021-A, <br>0.45% 12/1/2024 (put 12/1/2023) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 700 | &nbsp;&nbsp;&nbsp;&nbsp; 680 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Municipal Fin. Auth., Solid Waste Rev. Ref. Bonds (Republic Services, Inc. Project), Capital Appreciation Bonds, <br> Series 2010, Assured Guaranty Municipal insured, 0% 9/1/2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 260 | &nbsp;&nbsp;&nbsp;&nbsp; 256 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Municipal Fin. Auth., Student Housing Rev. Bonds (CHF-Davis II, LLC - Orchard Park Student Housing Project), <br> Series 2021, BAM insured, 5.00% 5/15/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 400 | &nbsp;&nbsp;&nbsp;&nbsp; 419 |
| Napa Valley Unified School Dist., G.O. Rev. Ref. Bonds, Series 2013, 5.00% 8/1/2024 (preref. 8/1/2023) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 250 | &nbsp;&nbsp;&nbsp;&nbsp; 253 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; New Haven Unified School Dist., G.O. Rev. Ref. Bonds, Capital Appreciation Bonds, Series 2012, <br>Assured Guaranty Municipal insured, 0% 8/1/2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 965 | &nbsp;&nbsp;&nbsp;&nbsp; 953 |
| Northern California Energy Auth., Commodity Supply Rev. Bonds, Series 2018, 4.00% 7/1/2049 (put 7/1/2024) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 750 | &nbsp;&nbsp;&nbsp;&nbsp; 755 |
| County of Orange, Sanitation Dist., Wastewater Rev. Ref. Obligations, Series 2021-A, 5.00% 2/1/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 750 | &nbsp;&nbsp;&nbsp;&nbsp; 814 |
| County of Orange, Water Dist. Rev. Ref. Bonds, Series 2019-C, 5.00% 8/15/2024 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 500 | &nbsp;&nbsp;&nbsp;&nbsp; 521 |
| Pasadena Unified School Dist., G.O. Rev. Ref. Bonds, Series 2016-B, 5.00% 8/1/2024 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 655 | &nbsp;&nbsp;&nbsp;&nbsp; 682 |
| Peralta Community College Dist., G.O. Bonds, 2006 Election, Series 2020-E-1, 5.00% 8/1/2025 | &nbsp;&nbsp;&nbsp;&nbsp; 1000 | &nbsp;&nbsp; 1066 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Perris, Joint Powers Auth., Local Agcy. Rev. Ref. Bonds <br>(CFD No. 2001-1 IA No. 4 and No. 5; CFD No. 2005-1 IA No. 4), Series 2017-B, 5.00% 9/1/2024 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 990 | &nbsp;&nbsp; 1019 |
| Perris Union High School Dist., G.O. Bonds, 2012 Election, Series 2021-C, 4.00% 9/1/2024 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 240 | &nbsp;&nbsp;&nbsp;&nbsp; 246 |
| Public Fin. Auth., Rev. Ref. Bonds (O'Conner Woods), Series 2022, 4.00% 1/1/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 440 | &nbsp;&nbsp;&nbsp;&nbsp; 461 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Public Works Board, Lease Rev. Bonds (Dept. of Corrections, Various State Prisons), Series 2017-D, <br>5.00% 9/1/2029 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 500 | &nbsp;&nbsp;&nbsp;&nbsp; 564 |
| Public Works Board, Lease Rev. Bonds (Various Capital Projects), Series 2021-B, 5.00% 5/1/2027 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 275 | &nbsp;&nbsp;&nbsp;&nbsp; 308 |
| Public Works Board, Lease Rev. Ref. Bonds (Various Capital Projects), Series 2022-C, 5.00% 8/1/2024 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 510 | &nbsp;&nbsp;&nbsp;&nbsp; 531 |
| Public Works Board, Lease Rev. Ref. Bonds (Various Capital Projects), Series 2017-B, 5.00% 10/1/2024 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 330 | &nbsp;&nbsp;&nbsp;&nbsp; 345 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Rancho Cordova, Community Facs. Dist. No. 2018-1 (The Grantline 208 Project), Special Tax Bonds, <br>Series 2021-B, 3.00% 9/1/2024 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 85 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 85 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Rancho Cordova, Community Facs. Dist. No. 2018-1 (The Grantline 208 Project), Special Tax Bonds, <br>Series 2021-B, 4.00% 9/1/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 105 | &nbsp;&nbsp;&nbsp;&nbsp; 108 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Rancho Cordova, Community Facs. Dist. No. 2018-1 (The Grantline 208 Project), Special Tax Bonds, <br>Series 2021-B, 4.00% 9/1/2028 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 120 | &nbsp;&nbsp;&nbsp;&nbsp; 124 |
| City of Richmond, Wastewater Rev. Ref. Bonds, Series 2019-B, 5.00% 8/1/2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 940 | &nbsp;&nbsp;&nbsp;&nbsp; 952 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; RNR School Fncg. Auth., Community Facs. Dist. No. 92-1, Special Tax Bonds, Series 2017-A, BAM insured, <br>5.00% 9/1/2028 | &nbsp;&nbsp;&nbsp;&nbsp; 1000 | &nbsp;&nbsp; 1086 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Roseville Joint Union High School Dist., G.O. Bonds, Capital Appreciation Bonds, 2004 Election, Series 2007-C, <br> 0% 8/1/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 510 | &nbsp;&nbsp;&nbsp;&nbsp; 479 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Roseville Joint Union High School Dist., G.O. Bonds, Capital Appreciation Bonds, 2004 Election, Series 2007-C, <br> Assured Guaranty Municipal insured, 0% 8/1/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 870 | &nbsp;&nbsp;&nbsp;&nbsp; 799 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Sacramento, Community Facs. Dist. No. 4 (North Natomas), Special Tax Rev. Ref. Bonds, Series 2013-E, <br> 5.25% 9/1/2025 | &nbsp;&nbsp;&nbsp;&nbsp; 1000 | &nbsp;&nbsp; 1015 |
| City of Sacramento, Municipal Utility Dist., Electric Rev. Bonds, Series 1997-K, AMBAC insured, 5.25% 7/1/2024 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 80 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 82 |
| City of Sacramento, Municipal Utility Dist., Electric Rev. Bonds, Series 2019-A, 5.00% 8/15/2049 (put 7/13/2023) | &nbsp;&nbsp;&nbsp;&nbsp; 1000 | &nbsp;&nbsp; 1005 |

---

Capital Group California Short-Term Municipal Fund — Page 17 of 23

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**unaudited**

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| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued)<br> **California (continued)**<br>| Principal amount<br> (000)<br>| Value<br> (000)<br>|
| City of Sacramento, Municipal Utility Dist., Electric Rev. Ref. Bonds, Series 2018-F, 5.00% 8/15/2026 | USD500 | $551 |
| Sacramento Unified School Dist., G.O. Bonds, 2012 Election, Series 2019-D, BAM insured, 4.00% 8/1/2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 450 | &nbsp;&nbsp;&nbsp;&nbsp; 453 |
| Sacramento Unified School Dist., G.O. Bonds, 2012 Election, Series 2019-D, BAM insured, 4.00% 8/1/2024 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 520 | &nbsp;&nbsp;&nbsp;&nbsp; 532 |
| Sacramento Unified School Dist., G.O. Rev. Ref. Bonds, Series 2022, BAM insured, 5.00% 7/1/2027 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 815 | &nbsp;&nbsp;&nbsp;&nbsp; 908 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of San Diego, Community Facs. Dist. No. 2 (Santaluz), Improvement Area No. 1, Special Tax Rev. Ref. Bonds, <br> Series 2021, 4.00% 9/1/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 485 | &nbsp;&nbsp;&nbsp;&nbsp; 511 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of San Diego, Public Facs. Fncg. Auth., Lease Rev. Bonds (Capital Improvement Projects), Series 2021-A, <br> 5.00% 10/15/2027 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 255 | &nbsp;&nbsp;&nbsp;&nbsp; 287 |
| City of San Diego, Public Facs. Fncg. Auth., Sewer Rev. Bonds, Series 2022-A, 5.00% 5/15/2027 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 500 | &nbsp;&nbsp;&nbsp;&nbsp; 560 |
| County of San Diego, Regional Airport Auth., Airport Rev. and Rev. Ref. Bonds, Series 2019-A, 5.00% 7/1/2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 500 | &nbsp;&nbsp;&nbsp;&nbsp; 505 |
| County of San Diego, Regional Airport Auth., Airport Rev. and Rev. Ref. Bonds, Series 2019-A, 5.00% 7/1/2024 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 500 | &nbsp;&nbsp;&nbsp;&nbsp; 518 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; County of San Diego, Regional Transportation Commission, Limited Sales Tax Rev. Bonds, Series 2021-B, <br>5.00% 4/1/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 140 | &nbsp;&nbsp;&nbsp;&nbsp; 153 |
| County of San Diego, Water Auth., Water Rev. Ref. Green Bonds, Series 2021-B, 5.00% 5/1/2030 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 230 | &nbsp;&nbsp;&nbsp;&nbsp; 277 |
| San Diego Unified School Dist., G.O. Green Bonds, 2018 Election, Series 2022-F-2, 5.00% 7/1/2029 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 810 | &nbsp;&nbsp;&nbsp;&nbsp; 955 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City and County of San Francisco, Airport Commission, San Francisco International Airport, Rev. Ref. Bonds, <br> Series 2009-D-2, 4.00% 5/1/2023 (escrowed to maturity) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 400 | &nbsp;&nbsp;&nbsp;&nbsp; 402 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City and County of San Francisco, Airport Commission, San Francisco International Airport, Rev. Ref. Bonds, <br> Series 2016-A-2, 5.00% 5/1/2024 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 400 | &nbsp;&nbsp;&nbsp;&nbsp; 413 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City and County of San Francisco, Airport Commission, San Francisco International Airport, Rev. Ref. Bonds, <br> Series 2019-D-2, 5.00% 5/1/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 500 | &nbsp;&nbsp;&nbsp;&nbsp; 544 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City and County of San Francisco, Community Facs. Dist. No. 2014-1 (Transbay Transit Center), Special Tax Bonds, <br> Series 2022-A, 5.00% 9/1/2028 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 145 | &nbsp;&nbsp;&nbsp;&nbsp; 163 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City and County of San Francisco, Community Facs. Dist. No. 2014-1 (Transbay Transit Center), Special Tax Bonds, <br> Series 2022-A, 5.00% 9/1/2029 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 195 | &nbsp;&nbsp;&nbsp;&nbsp; 222 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City and County of San Francisco, Community Facs. Dist. No. 2014-1 (Transbay Transit Center), Special Tax Bonds, <br> Series 2022-A, 5.00% 9/1/2030 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 155 | &nbsp;&nbsp;&nbsp;&nbsp; 179 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City and County of San Francisco, G.O. Bonds (Earthquake Safety and Emergency Response), Series 2021-E-1, <br> 5.00% 6/15/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 815 | &nbsp;&nbsp;&nbsp;&nbsp; 870 |
| City and County of San Francisco, G.O. Rev. Ref. Bonds, Series 2020-R-1, 5.00% 6/15/2030 | &nbsp;&nbsp;&nbsp;&nbsp; 1100 | &nbsp;&nbsp; 1267 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City and County of San Francisco, Public Utilities Commission, San Francisco Water Rev. Ref. Bonds, <br>Series 2016-A, 5.00% 11/1/2027 | &nbsp;&nbsp;&nbsp;&nbsp; 1000 | &nbsp;&nbsp; 1109 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; San Gabriel Unified School Dist., G.O. Bonds, Capital Appreciation Bonds, 2008 Election, Series 2012-B, <br>0% 8/1/2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 200 | &nbsp;&nbsp;&nbsp;&nbsp; 197 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of San Jacinto, Community Facs. Dist. No. 2002-1 (Rancho San Jacinto Phase 2), Special Tax Rev. Ref. Bonds, <br> Series 2016, 5.00% 9/1/2027 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 900 | &nbsp;&nbsp;&nbsp;&nbsp; 963 |
| City of San Jose, Airport Rev. Ref. Bonds, Series 2021-A, BAM insured, 5.00% 3/1/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 440 | &nbsp;&nbsp;&nbsp;&nbsp; 477 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Santa Margarita Water Dist., Community Facs. Dist. No. 99-1 (Talega), Special Tax Rev. Ref. Bonds, Series 2014-B, <br> 5.00% 9/1/2029 | &nbsp;&nbsp;&nbsp;&nbsp; 1000 | &nbsp;&nbsp; 1033 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Santa Monica - Malibu Unified School Dist., School Facs. Improvement Dist. No. 1 (Santa Monica Schools), <br>G.O. Bonds, 2018 Election, Series 2021-B, 4.00% 8/1/2024 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 485 | &nbsp;&nbsp;&nbsp;&nbsp; 498 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Santa Monica - Malibu Unified School Dist., School Facs. Improvement Dist. No. 1 (Santa Monica Schools), <br>G.O. Bonds, 2018 Election, Series 2021-B, 4.00% 8/1/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 335 | &nbsp;&nbsp;&nbsp;&nbsp; 350 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Santee, Community Facs. Dist. No. 2017-1 (Weston Infrastructure), Special Tax Bonds, Series 2019, <br>5.00% 9/1/2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 160 | &nbsp;&nbsp;&nbsp;&nbsp; 162 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Santee, Community Facs. Dist. No. 2017-1 (Weston Infrastructure), Special Tax Bonds, Series 2019, <br>5.00% 9/1/2024 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 170 | &nbsp;&nbsp;&nbsp;&nbsp; 175 |
| Silicon Valley Clean Water, Wastewater Rev. Bonds, Series 2018, 5.00% 8/1/2028 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 500 | &nbsp;&nbsp;&nbsp;&nbsp; 570 |
| Silicon Valley Clean Water, Wastewater Rev. Notes, Series 2021-B, 0.50% 3/1/2026 | &nbsp;&nbsp;&nbsp;&nbsp; 1350 | &nbsp;&nbsp; 1253 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Southern California Public Power Auth., Rev. Ref. Green Bonds (Linden Wind Energy Project), Series 2020-A, <br> 5.00% 4/1/2024 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 550 | &nbsp;&nbsp;&nbsp;&nbsp; 564 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Southern California Public Power Auth., Rev. Ref. Green Bonds (Milford Wind Corridor Phase II Project), <br>Series 2021-1, 5.00% 7/1/2024 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 520 | &nbsp;&nbsp;&nbsp;&nbsp; 540 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Statewide Communities Dev. Auth., Health Fac. Rev. Ref. Bonds (Los Angeles Jewish Home for the Aging), <br>Series 2019-A, 4.00% 11/15/2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 250 | &nbsp;&nbsp;&nbsp;&nbsp; 253 |

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Capital Group California Short-Term Municipal Fund — Page 18 of 23

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**unaudited**

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| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued)<br> **California (continued)**<br>| Principal amount<br> (000)<br>| Value<br> (000)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Statewide Communities Dev. Auth., Health Fac. Rev. Ref. Bonds (Los Angeles Jewish Home for the Aging), <br>Series 2019-B, 4.00% 11/15/2023 | USD660 | $668 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Statewide Communities Dev. Auth., Multi Family Housing Rev. Bonds (Harriet Tubman Terrace Apartments), <br>Series 2021-Q, 0.24% 4/1/2024 (put 4/1/2023) | &nbsp;&nbsp;&nbsp;&nbsp; 2000 | &nbsp;&nbsp; 1988 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Statewide Communities Dev. Auth., Multi Family Housing Rev. Bonds (Noble Creek Apartments), Series 2022-J, <br> 3.50% 8/1/2025 (put 8/1/2024) | &nbsp;&nbsp;&nbsp;&nbsp; 1476 | &nbsp;&nbsp; 1483 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Statewide Communities Dev. Auth., Multi Family Housing Rev. Bonds (Villa Verde), Series 2022-K-1, <br>3.50% 2/1/2026 (put 2/1/2024) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 500 | &nbsp;&nbsp;&nbsp;&nbsp; 500 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Statewide Communities Dev. Auth., Multi Family Housing Rev. Bonds (Villa Verde), Series 2022-L-1, <br>3.50% 3/1/2026 (put 3/1/2024) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 500 | &nbsp;&nbsp;&nbsp;&nbsp; 500 |
| Statewide Communities Dev. Auth., Rev. Bonds (Adventist Health System/West), Series 2018-A, 5.00% 3/1/2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 135 | &nbsp;&nbsp;&nbsp;&nbsp; 135 |
| Statewide Communities Dev. Auth., Rev. Bonds (Adventist Health System/West), Series 2018-A, 5.00% 3/1/2024 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 200 | &nbsp;&nbsp;&nbsp;&nbsp; 204 |
| Statewide Communities Dev. Auth., Rev. Bonds (Adventist Health System/West), Series 2018-A, 5.00% 3/1/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 415 | &nbsp;&nbsp;&nbsp;&nbsp; 433 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Statewide Communities Dev. Auth., Rev. Bonds (Cottage Health System Obligated Group), Series 2015, <br>5.00% 11/1/2043 (preref. 11/1/2024) | &nbsp;&nbsp;&nbsp;&nbsp; 1500 | &nbsp;&nbsp; 1567 |
| Statewide Communities Dev. Auth., Rev. Bonds (Huntington Memorial Hospital), Series 2018, 5.00% 7/1/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 325 | &nbsp;&nbsp;&nbsp;&nbsp; 351 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Statewide Communities Dev. Auth., Rev. Bonds (Viamonte Senior Living 1 Project), Series 2018-B, <br>3.00% 7/1/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 500 | &nbsp;&nbsp;&nbsp;&nbsp; 501 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Statewide Communities Dev. Auth., Student Housing Rev. Ref. Bonds (CHF-Irvine, LLC - University of California, <br> Irvine East Campus Apartments, Phase I Ref. and Phase IV-B), Series 2021, BAM insured, 5.00% 5/15/2027 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 850 | &nbsp;&nbsp;&nbsp;&nbsp; 934 |
| Sweetwater Union High School Dist., G.O. Rev. Ref. Bonds, Series 2014, BAM insured, 5.00% 8/1/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 350 | &nbsp;&nbsp;&nbsp;&nbsp; 363 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Torrance Unified School Dist., G.O. Bonds, Capital Appreciation Bonds, 2008 Election, Series 2009-B-1, <br>0% 8/1/2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 250 | &nbsp;&nbsp;&nbsp;&nbsp; 247 |
| Transbay Joint Powers Auth., Senior Tax Allocation Green Bonds, Series 2020-A, 5.00% 10/1/2025 | &nbsp;&nbsp;&nbsp;&nbsp; 1500 | &nbsp;&nbsp; 1581 |
| Transbay Joint Powers Auth., Senior Tax Allocation Green Bonds, Series 2020-A, 5.00% 10/1/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 550 | &nbsp;&nbsp;&nbsp;&nbsp; 590 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Twin Rivers Unified School Dist., G.O. Rev. Ref. Bonds, Series 2016-B, Assured Guaranty Municipal insured, <br>5.00% 8/1/2027 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 225 | &nbsp;&nbsp;&nbsp;&nbsp; 246 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Ukiah Unified School Dist., G.O. Bonds, Capital Appreciation Bonds, 2005 Election, Series 2006, National insured, <br> 0% 8/1/2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 440 | &nbsp;&nbsp;&nbsp;&nbsp; 435 |
| Regents of the University of California, G.O. Rev. Bonds, Series 2013-AK, 5.00% 5/15/2048 (put 5/15/2023) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 780 | &nbsp;&nbsp;&nbsp;&nbsp; 786 |
| Regents of the University of California, General Rev. Bonds, Series 2023-BM, 5.00% 5/15/2028 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 500 | &nbsp;&nbsp;&nbsp;&nbsp; 574 |
| Val Verde Unified School Dist., G.O. Bonds, 2020 Election, Series 2020-A, BAM insured, 4.00% 8/1/2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 450 | &nbsp;&nbsp;&nbsp;&nbsp; 454 |
| Dept. of Veterans Affairs, Home Purchase Rev. Bonds, Series 2016-B, 3.50% 12/1/2045 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 290 | &nbsp;&nbsp;&nbsp;&nbsp; 290 |
| Dept. of Veterans Affairs, Home Purchase Rev. Bonds, Series 2019-A, 4.00% 12/1/2049 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 965 | &nbsp;&nbsp;&nbsp;&nbsp; 978 |
| Dept. of Veterans Affairs, Home Purchase Rev. Bonds, Series 2020-A, 3.00% 12/1/2050 | &nbsp;&nbsp;&nbsp;&nbsp; 1245 | &nbsp;&nbsp; 1233 |
| Dept. of Veterans Affairs, Home Purchase Rev. Bonds, Series 2022-A, 5.50% 12/1/2052 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 580 | &nbsp;&nbsp;&nbsp;&nbsp; 635 |
| Dept. of Veterans Affairs, Veterans G.O. Bonds, Series 2017-CQ, 4.00% 12/1/2047 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 445 | &nbsp;&nbsp;&nbsp;&nbsp; 449 |
| Dept. of Veterans Affairs, Veterans G.O. Bonds, Series 2018-CR, 4.00% 12/1/2048 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 835 | &nbsp;&nbsp;&nbsp;&nbsp; 846 |
| Dept. of Veterans Affairs, Veterans G.O. Bonds, Series 2020-CT, 3.00% 12/1/2050 | &nbsp;&nbsp;&nbsp;&nbsp; 1765 | &nbsp;&nbsp; 1747 |
| Dept. of Veterans Affairs, Veterans G.O. Bonds, Series 2022-CU, 5.50% 12/1/2052 | &nbsp;&nbsp;&nbsp;&nbsp; 1475 | &nbsp;&nbsp; 1612 |
| Dept. of Veterans Affairs, Veterans G.O. Rev. Ref. Bonds, Series 2016-CN, 3.50% 12/1/2045 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 485 | &nbsp;&nbsp;&nbsp;&nbsp; 485 |
| Dept. of Water Resources, Water System Rev. Bonds (Central Valley Project), Series 2021-BD, 5.00% 12/1/2028 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 325 | &nbsp;&nbsp;&nbsp;&nbsp; 380 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; West Contra Costa Unified School Dist., G.O. Bonds, 2012 Election, Series 2020-E, <br>Assured Guaranty Municipal insured, 4.00% 8/1/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 640 | &nbsp;&nbsp;&nbsp;&nbsp; 675 |
| West Contra Costa Unified School Dist., G.O. Rev. Ref. Bonds, Series 2017-A-1, 5.00% 8/1/2024 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 250 | &nbsp;&nbsp;&nbsp;&nbsp; 260 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Westside Union School Dist., G.O. Bonds, Capital Appreciation Bonds, Series 2002-A, National insured, <br>0% 8/1/2027 | &nbsp;&nbsp;&nbsp;&nbsp; 1000 | &nbsp;&nbsp;&nbsp;&nbsp; 885 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; William S. Hart Union High School Dist., G.O. Bonds, Capital Appreciation Bonds, 2001 Election, Series 2005-B, <br> Assured Guaranty Municipal insured, 0% 9/1/2025 | &nbsp;&nbsp;&nbsp;&nbsp; 1000 | &nbsp;&nbsp;&nbsp;&nbsp; 938 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Woodland, Community Facs. Dist. No. 2004-1 (Spring Lake), Special Tax Capital Projects Bonds, <br>Series 2021, 4.00% 9/1/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 160 | &nbsp;&nbsp;&nbsp;&nbsp; 167 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Woodland, Community Facs. Dist. No. 2004-1 (Spring Lake), Special Tax Capital Projects Bonds, <br>Series 2021, Assured Guaranty Municipal insured, 4.00% 9/1/2027 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 180 | &nbsp;&nbsp;&nbsp;&nbsp; 189 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Woodland, Community Facs. Dist. No. 2004-1 (Spring Lake), Special Tax Capital Projects Bonds, <br>Series 2021, Assured Guaranty Municipal insured, 4.00% 9/1/2028 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 200 | &nbsp;&nbsp;&nbsp;&nbsp; 212 |

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Capital Group California Short-Term Municipal Fund — Page 19 of 23

------

**unaudited**

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| | | |
|:---|:---|:---|
| Short-term securities 10.60%<br> **Municipals 10.60%**<br>| Principal amount<br> (000)<br>| Value<br> (000)<br>|
| Fin. Auth., Recovery Zone Fac. Bonds (Chevron U.S.A., Inc. Project), Series 2010-A, 0.76% 11/1/2035<sup>1</sup>  | USD4,100 | $4100 |
| City of Los Angeles, Dept. of Water and Power, Water System Bonds, Series 2019-A, 0.51% 7/1/2049<sup>1</sup>  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4800 |
| City of Los Angeles, Tax and Rev. Anticipation Notes, Series 2022, 4.00% 6/29/2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 503 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Metropolitan Water Dist. of Southern California, Water Rev. Ref. Bonds, Series 2016-B-2, <br>0.40% 7/1/2037<sup>1</sup>  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1665 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1665 |
| San Diego Unified School Dist., Tax and Rev. Anticipation Notes, Series 2022-A, 4.00% 6/30/2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 715 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 720 |
| Regents of the University of California, Medical Center Pooled Rev. Bonds, Series 2020-O-1, 0.45% 5/15/2045<sup>1</sup>  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1850 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1850 |
| **Total short-term securities** (cost: $13,639,000) |  | &nbsp;&nbsp;&nbsp;&nbsp; 13638 |
| **Total investment securities 97.93%** (cost: $127,061,000) |  | &nbsp;&nbsp; 125959 |
| **Other assets less liabilities 2.07%** |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2666 |
| **Net assets 100.00%** |  | $128625 |

---

Futures contracts

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| Contracts | Type | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Number of <br>contracts<br>| Expiration | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Notional <br>amount <br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(000)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Value and <br>unrealized <br>appreciation <br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(depreciation) <br>at 1/31/2023 <br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(000)<br>|
| 2 Year U.S. Treasury Note Futures | Short | 17 | March 2023 | USD(3496) | $—<sup>2</sup> <br>|
| 5 Year U.S. Treasury Note Futures | Long | 154 | March 2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 16823 | &nbsp;&nbsp; 143 |
| 10 Year Ultra U.S. Treasury Note Futures | Short | 21 | March 2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (2545) | &nbsp;&nbsp;&nbsp; (15) |
| 30 Year Ultra U.S. Treasury Bond Futures | Short | 13 | March 2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1843) | &nbsp;&nbsp;&nbsp; (65) |
|  |  |  |  |  | $63 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

<sup>1</sup> Coupon rate may change periodically. Reference rate and spread are as of the most recent information available. Some coupon rates are determined by the issuer or agent based on current market conditions; therefore, the reference rate and spread are not available. For short-term securities, the date of the next scheduled coupon rate change is considered to be the maturity date. 

<sup>2</sup> Amount less than one thousand.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| |
|:---|
| **Key to abbreviations** |
| Agcy. = Agency |
| Auth. = Authority |
| Dept. = Department |
| Dev. = Development |
| Dist. = District |
| Dists. = Districts |
| Econ. = Economic |
| Fac. = Facility |

---

---

| |
|:---|
| Facs. = Facilities |
| Fin. = Finance |
| Fncg. = Financing |
| G.O. = General Obligation |
| Preref. = Prerefunded |
| Ref. = Refunding |
| Rev. = Revenue |
| USD = U.S. dollars |

---

Capital Group California Short-Term Municipal Fund — Page 20 of 23

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**unaudited**

Valuation

------

Capital Research and Management Company ("CRMC"), the funds' investment adviser, values each fund's investments at fair value as defined by accounting principles generally accepted in the United State of America. The net asset value per share of each fund is calculated once daily as of the close of regular trading on the New York Stock Exchange, normally 4 p.m. New York time, each day the New York Stock Exchange is open.

**Methods and inputs** — The funds' investment adviser uses the following methods and inputs to establish the fair value of each fund's assets and liabilities. Use of particular methods and inputs may vary over time based on availability and relevance as market and economic conditions evolve.

Fixed-income securities, including short-term securities, are generally valued at evaluated prices obtained from third-party pricing vendors. Vendors value such securities based on one or more of the inputs described in the following table. The table provides examples of inputs that are commonly relevant for valuing particular classes of fixed-income securities in which the funds are authorized to invest. However, these classifications are not exclusive, and any of the inputs may be used to value any other class of fixed-income security.

---

| | |
|:---|:---|
| **Fixed-income class** | **Examples of standard inputs** |
| &nbsp;&nbsp;&nbsp;&nbsp; All | &nbsp;&nbsp;&nbsp; Benchmark yields, transactions, bids, offers, quotations from dealers and <br> trading systems, new issues, spreads and other relationships observed in <br> the markets among comparable securities; and proprietary pricing <br> models such as yield measures calculated using factors such as cash flows, <br> financial or collateral performance and other reference data (collectively <br> referred to as "standard inputs")<br>|
| &nbsp;&nbsp;&nbsp;&nbsp; Municipal securities | &nbsp;&nbsp;&nbsp; Standard inputs and, for certain distressed securities, cash flows or <br> liquidation values using a net present value calculation based on inputs <br> that include, but are not limited to, financial statements and debt contracts<br>|

---

Exchange-traded futures are generally valued at the official settlement price of the exchange or market on which such instruments are traded, as of the close of business on the day the futures are being valued. The average month-end notional amounts of futures contracts while held by Capital Group California Core Municipal Fund and Capital Group California Short-Term Municipal Fund were $98,655,000 and $15,555,000, respectively.

Securities and other assets for which representative market quotations are not readily available or are considered unreliable by the funds' investment adviser are fair valued as determined in good faith under fair valuation guidelines adopted by the funds' investment adviser and approved by the board of trustees as further described. The investment adviser follows fair valuation guidelines, consistent with U.S. Securities and Exchange Commission rules and guidance, to consider relevant principles and factors when making fair value determinations. The investment adviser considers relevant indications of value that are reasonably and timely available to it in determining the fair value to be assigned to a particular security, such as the type and cost of the security, contractual or legal restrictions on resale of the security, relevant financial or business developments of the issuer, actively traded similar or related securities, dealer or broker quotes, conversion or exchange rights on the security, related corporate actions, significant events occurring after the close of trading in the security, and changes in overall market conditions. In addition, the closing prices of equity securities that trade in markets outside U.S. time zones may be adjusted to reflect significant events that occur after the close of local trading but before the net asset value of each of the funds is determined. Fair valuations of investments that are not actively trading involve judgment and may differ materially from valuations that would have been used had greater market activity occurred.

**Processes and structure** — The funds' board of trustees has designated the fund's investment adviser to make fair value determinations, subject to board oversight. The investment adviser has established a Joint Fair Valuation Committee (the "Committee") to administer, implement and oversee the fair valuation process and to make fair value decisions. The Committee regularly reviews its own fair value decisions, as well as decisions made under its standing instructions to the investment adviser's valuation team. The Committee reviews changes in fair value measurements from period to period, pricing vendor information and market data, and may, as deemed appropriate, update the fair valuation guidelines to better reflect the results of back testing and address new or evolving issues. Pricing decisions, processes and controls over security valuation are also subject to additional internal reviews facilitated by the investment adviser's global risk management group. The Committee reports changes to the fair valuation guidelines to the board of trustees. The funds' board and audit committee also regularly review reports that describe fair value determinations and methods.

Private Client Services Funds — Page 21 of 23

------

**unaudited**

**Classifications** — The funds' investment adviser classifies each fund's assets and liabilities into three levels based on the inputs used to value the assets or liabilities. Level 1 values are based on quoted prices in active markets for identical securities. Level 2 values are based on significant observable market inputs, such as quoted prices for similar securities and quoted prices in inactive markets. Certain securities trading outside the U.S. may transfer between Level 1 and Level 2 due to valuation adjustments resulting from significant market movements following the close of local trading. Level 3 values are based on significant unobservable inputs that reflect the investment adviser's determination of assumptions that market participants might reasonably use in valuing the securities. The valuation levels are not necessarily an indication of the risk or liquidity associated with the underlying investment. For example, U.S. government securities are reflected as Level 2 because the inputs used to determine fair value may not always be quoted prices in an active market. The funds' valuation levels as of January 31, 2023, are as follows (dollars in thousands):

Capital Group California Core Municipal Fund

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Investment securities | Investment securities | Investment securities | Investment securities |
|  | Level 1 | Level 2 | Level 3 | Total |
| **Assets:** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Bonds, notes & other debt instruments: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Municipals | $— | $561702 | $— | $561702 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Short-term securities  | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 84777 | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 84777 |
| Total | $— | $646479 | $— | $646479 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Other investments\* | Other investments\* | Other investments\* | Other investments\* |
|  | Level 1 | Level 2 | Level 3 | Total |
| **Assets:** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Unrealized appreciation on futures contracts | $919 | $— | $— | $919 |
| **Liabilities:** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Unrealized depreciation on futures contracts | &nbsp;&nbsp; (619) | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; (619) |
| Total  | $300 | $— | $— | $300 |

---

\*

Futures contracts are not included in the fund's investment portfolio.

Capital Group California Short-Term Municipal Fund

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Investment securities | Investment securities | Investment securities | Investment securities |
|  | Level 1 | Level 2 | Level 3 | Total |
| **Assets:** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Bonds, notes & other debt instruments: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Municipals | $— | $112321 | $— | $112321 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Short-term securities  | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 13638 | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 13638 |
| Total | $— | $125959 | $— | $125959 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Other investments\* | Other investments\* | Other investments\* | Other investments\* |
|  | Level 1 | Level 2 | Level 3 | Total |
| **Assets:** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Unrealized appreciation on futures contracts | $143 | $— | $— | $143 |
| **Liabilities:** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Unrealized depreciation on futures contracts | &nbsp;&nbsp;&nbsp; (80) | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; (80) |
| Total  | $63 | $— | $— | $63 |

---

\*

Futures contracts are not included in the fund's investment portfolio.

Private Client Services Funds — Page 22 of 23

------

**unaudited**

**Investments are not FDIC-insured, nor are they deposits of or guaranteed by a bank or any other entity, so they may lose value.**

**Investors should carefully consider the investment objectives, risks, charges and expenses of the Capital Private Client Services Funds. This and other important information is contained in the prospectus, which can be obtained from your investment counselor and should be read carefully before investing.**

All Capital Group trademarks mentioned are owned by The Capital Group Companies, Inc., an affiliated company or fund. All other company and product names mentioned are the property of their respective companies.

American Funds Distributors, Inc., member FINRA.© 2023 Capital Group. All rights reserved.

MFGEFP1-380-0323O-S89745

Private Client Services Funds — Page 23 of 23

------

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** CAPITAL GROUP PRIVATE CLIENT SERVICES FUNDS

- **b. Investment Company Act file number:** 811-22349

- **c. CIK number of Registrant:** 0001474365

- **d. LEI of Registrant:** 5493007CHP7108OPZR26

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 6455 Irvine Center Drive

  - **City:** Irvine

  - **State:** CA

  - **Foreign country:** US

  - **Zip / Postal Code:** 92618

  - **Telephone number:** 9499755000

**Item A.2. Information about the Series.**

- **a. Name of Series:** Capital Group California Core Municipal Fund

- **b. EDGAR series identifier (if any):** S000027396

- **c. LEI of Series:** 549300R7LDOSZGPYBW80

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2023-10-31

- **b. Date as of which information is reported:** 2023-01-31

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $659761226.54

**Total Liabilities:** $5169523.90

**Net Assets:** $654591702.64

**Cash Not Reported:** $738204.24

**Currency Risk Metrics (dv01):**

- 

**Credit Spread Risk - Investment Grade (dv01):**

- **3-Month:** -1841.770000000000 | **1-Year:** -25427.200000000000 | **5-Year:** -96576.260000000000 | **10-Year:** -75225.060000000000 | **30-Year:** -5366.480000000000

**Credit Spread Risk - Non-Investment Grade (dv01):**

- **3-Month:** -136.374943100000 | **1-Year:** -2460.620000000000 | **5-Year:** -5457.260000000000 | **10-Year:** -2305.320000000000 | **30-Year:** -11.790646400000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000082664 | 2.35%                | 0.24%                | 1.62%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-97455.21               | $-21777990.07                              |
| Month 2  | $-113384.78              | $987496.01                                 |
| Month 3  | $1781.66                 | $10028595.66                               |

**Designated Index Information**

- **Index Name:** Bloomberg California Short-Intermediate Municipal Index

- **Index Identifier:** I00770US

### Schedule of Portfolio Investments

| Name                                                              | Title                                                                                      | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| CALIFORNIA ST MUNI FIN AUTH                                       | CA ST MFA HUMANGOOD OBLIGATED GROUP 19A 4.0% 10-01-29                                      | CUSIP: 13048VKP2<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1085000 | PA      | $1117671.52   | 0.17%             | 2029-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CHINO HILLS CALIF FING AUTH                                       | CHINO HILLS FIN AUTH CA SPL TAX 19D 5.0% 09-01-29                                          | CUSIP: 16957RCG2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    225000 | PA      | $251100.23    | 0.04%             | 2029-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHINO HILLS CALIF FING AUTH                                       | CHINO HILLS FIN AUTH CA SPL TAX 19D 5.0% 09-01-27                                          | CUSIP: 16957RCE7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    430000 | PA      | $466397.35    | 0.07%             | 2027-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA STATEWIDE CMNTYS DEV AUTH                              | CA STWD AMERICAN BAPTIST HOMES 5.0% 10-01-23                                               | CUSIP: 13080SGP3<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   1110000 | PA      | $1122303.24   | 0.17%             | 2023-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA COMMUNITY CHOICE FINANCING AUTHORITY                   | CALIFORNIA COMMUNITY CHOICE FINANCING AUTHORITY (MPT) 4.0% 05-01-53                        | CUSIP: 13013JBJ4<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   6670000 | PA      | $6775866.24   | 1.04%             | 2053-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST MUNI FIN AUTH                                       | PALOMAR HEALTH OB GRP CA COPS AGM 22A 5.0% 11-01-28                                        | CUSIP: 130493CB3<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    125000 | PA      | $136873.13    | 0.02%             | 2028-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA COMMUNITY CHOICE FINANCING AUTHORITY                   | CALIFORNIA COMMUNITY CHOICE FINANCING AUTHORITY (MPT) 5.0% 07-01-53                        | CUSIP: 13013JCB0<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   4215000 | PA      | $4514699.15   | 0.69%             | 2053-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DEL MAR CALIF                                                     | DEL MAR CA USD SPL TAX 5.0% 09-01-28                                                       | CUSIP: 245157DV1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    925000 | PA      | $1021059.40   | 0.16%             | 2028-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DEL MAR CALIF                                                     | DEL MAR CA USD SPL TAX 5.0% 09-01-29                                                       | CUSIP: 245157DW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    675000 | PA      | $755008.43    | 0.12%             | 2029-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DUBLIN CALIF                                                      | DUBLIN CA CFD NO 2015-1 3.0% 09-01-25                                                      | CUSIP: 26362DAC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    265000 | PA      | $261600.05    | 0.04%             | 2025-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| DUBLIN CALIF                                                      | DUBLIN CA CFD NO 2015-1 3.0% 09-01-23                                                      | CUSIP: 26362DAA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    205000 | PA      | $204445.27    | 0.03%             | 2023-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| DESERT CALIF CMNTY COLLEGE DIST                                   | DESERT CA CCD GO PREREF 5.0% 08-01-32/02-01-26                                             | CUSIP: 250375GE6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1885000 | PA      | $2044580.33   | 0.31%             | 2032-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ETIWANDA CALIF SCH DIST                                           | ETIWANDA CA USD 20A 4.0% 08-01-29                                                          | CUSIP: 297667BK2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    570000 | PA      | $624056.52    | 0.10%             | 2029-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| EASTERN MUN WTR FING AUTH CALIF                                   | EASTERN CA WTR DIST REV 20A 2.75% 07-01-28                                                 | CUSIP: 27677SBB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    535000 | PA      | $549234.21    | 0.08%             | 2028-07-01      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| EASTERN MUN WTR DIST CALIF                                        | EASTERN MUNI WTR DIST CA W&S 21A 4.0% 07-01-29                                             | CUSIP: 27627TCE0<br>LEI: 549300ZCFVRFDIRWK089 | Long             | DBT              | MUN               | US        |   1210000 | PA      | $1349736.85   | 0.21%             | 2029-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ELK GROVE CALIF FIN AUTH                                          | CA ST ELK GROVE SPL TAX 5.0% 09-01-25                                                      | CUSIP: 287254CS3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    580000 | PA      | $613713.08    | 0.09%             | 2025-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ELK GROVE CALIF UNI SCH DIST                                      | ELK GROVE CA USD SPL TAX 2012 CFD #1 SF 4.0% 12-01-33                                      | CUSIP: 287290MC1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2535000 | PA      | $2538153.54   | 0.39%             | 2033-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| EAST BAY MUNICIPAL UTILITY DISTRICT                               | EAST BAY CA MUD WTR 15A 5.0% 06-01-27                                                      | CUSIP: 271014YU0<br>LEI: 549300IZZ5HKLDKRTF96 | Long             | DBT              | MUN               | US        |   3550000 | PA      | $3793711.05   | 0.58%             | 2027-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| EL CENTRO CALIF FING AUTH                                         | EL CENTRO CA FA WSTWTR REV 14A AGM 5.0% 10-01-27                                           | CUSIP: 28282QCJ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $520031.00    | 0.08%             | 2027-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| EL CENTRO CALIF FING AUTH                                         | EL CENTRO CA FA WSTWTR REV 14A AGM 5.0% 10-01-26                                           | CUSIP: 28282QCH3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    530000 | PA      | $551497.33    | 0.08%             | 2026-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| EL CENTRO CALIF FING AUTH                                         | EL CENTRO CA FA WSTWTR REV 14A AGM 5.0% 10-01-30                                           | CUSIP: 28282QCM2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1037570.00   | 0.16%             | 2030-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC MULTIFAMILY PASS THROUGH CERTIFICATES                 | FEDERAL HOME LN MTG CORP FRETE 19-ML05 ACA 3.35% 11-25-33                                  | CUSIP: 30309HAA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1901097 | PA      | $1830925.69   | 0.28%             | 2033-11-25      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| FONTANA CALIF                                                     | FONTANA CA CFD #86 4.0% 09-01-26                                                           | CUSIP: 344630VS4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $102643.60    | 0.02%             | 2026-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| GROSSMONT HEALTHCARE DISTRICT                                     | GROSSMONT HEALTHCARE DISTRICT CA 07A AMBAC 0.0% 07-15-32                                   | CUSIP: 399223AZ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1131085.50   | 0.17%             | 2032-07-15      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| GREENFIELD CALIF UN ELEM SCH DIST                                 | GREENFIELD CA UNION SCH DIST KERN COUNTY CAB AGM 07A 0.0% 08-01-29                         | CUSIP: 394850GN5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1270000 | PA      | $1042285.19   | 0.16%             | 2029-08-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| HEMET CALIF UNI SCH DIST                                          | HEMET CA USD FIN AUTH SPL TAX 5.0% 09-01-26                                                | CUSIP: 423541AM3<br>LEI: 54930041KL801EWMW566 | Long             | DBT              | MUN               | US        |    600000 | PA      | $625843.20    | 0.10%             | 2026-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HAWTHORNE CALIF CMNTY REDEV AGY                                   | HAWTHORNE CA RDA TAL AGM 5.0% 09-01-24                                                     | CUSIP: 42051PAJ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $259776.00    | 0.04%             | 2024-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HEMET CALIF UNI SCH DIST                                          | HEMET CA USD GO AGM 5.0% 08-01-23                                                          | CUSIP: 423542LQ0<br>LEI: 54930041KL801EWMW566 | Long             | DBT              | MUN               | US        |    885000 | PA      | $896466.06    | 0.14%             | 2023-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| IRVINE CALIF                                                      | IRVINE CA REASSMT DIST 19-1 5.0% 09-02-25                                                  | CUSIP: 46360RD38<br>LEI: 549300PJ9FL2XGFR8J79 | Long             | DBT              | MUN               | US        |    250000 | PA      | $264101.50    | 0.04%             | 2025-09-02      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| IRVINE CALIF                                                      | IRVINE CA REASSMT DIST 19-1 5.0% 09-02-23                                                  | CUSIP: 46360RC96<br>LEI: 549300PJ9FL2XGFR8J79 | Long             | DBT              | MUN               | US        |    200000 | PA      | $202847.80    | 0.03%             | 2023-09-02      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| IRVINE CALIF                                                      | CITY OF IRVINE CA ASSESSMENT DISTRICT NO 87-8 FRN 09-02-24                                 | CUSIP: 463608TJ8<br>LEI: 549300PJ9FL2XGFR8J79 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000000.00   | 0.15%             | 2024-09-02      | Variable      | 0.51%                 | No            |                  2 | On Loan: No      |
| JURUPA CALIF PUB FING AUTH REV                                    | JURUPA CA PFA SPL TAX 20A BAM 4.0% 09-01-27                                                | CUSIP: 482085EN3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1615000 | PA      | $1729988.00   | 0.26%             | 2027-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| JURUPA CALIF UNI SCH DIST FIN AUTH                                | JURUPA CA USD FIN AUTH BAM 4.0% 09-01-29                                                   | CUSIP: 482129AH6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    335000 | PA      | $366588.16    | 0.06%             | 2029-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| JURUPA CALIF PUB FING AUTH REV                                    | JURUPA CA PFA SPL TAX 14A 5.0% 09-01-23                                                    | CUSIP: 482085BD8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $506854.00    | 0.08%             | 2023-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KERN CALIF CMNTY COLLEGE DIST                                     | KERN CCD FAC IMPTS CA CABS BANS 0.0% 08-01-23                                              | CUSIP: 492244FY9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1975002.00   | 0.30%             | 2023-08-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| KINGS CANYON CALIF JT UNI SCH DIST                                | KINGS CANYON CA USD AGM 5.0% 08-01-29                                                      | CUSIP: 49579SFH4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1600000 | PA      | $1711521.60   | 0.26%             | 2029-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES DEPARTMENT OF AIRPORTS LOS ANGELES INTERNATIONAL AIR  | LA CA DEPT OF ARPTS SUB 19E 5.0% 05-15-39                                                  | CUSIP: 544445MW6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1130000 | PA      | $1251193.63   | 0.19%             | 2039-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CALIF DEPARTMENT OF WATER & POWER                     | LA DEP OF WTR & PWR 19D 5.0% 07-01-27                                                      | CUSIP: 544532AB0<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1239751.70   | 0.19%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CALIF SOLID WASTERES R                                | LA CITY CA SOLID WASTE REV A 2.0% 02-01-23                                                 | CUSIP: 54463PCE9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1110000 | PA      | $1110000.00   | 0.17%             | 2023-02-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CALIF DEPARTMENT OF WATER & POWER                     | LA CA DWP WTRWKS REV 20A 5.0% 07-01-28                                                     | CUSIP: 544525YZ5<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |    650000 | PA      | $751907.65    | 0.11%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES DEPARTMENT OF WATER                                   | LOS ANGELES DEPARTMENT OF WATER & POWER WATER SYSTEM REVENUE FRN 07-01-50                  | CUSIP: 544525A81<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8500000 | PA      | $8500000.00   | 1.30%             | 2050-07-01      | Variable      | 0.40%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA INFRASTRUCTURE & ECONOMIC DEVELOPMENT BANK             | EQUITABLE SCH REVOLVING FUND OB GROUP CA 19B 5.0% 11-01-28                                 | CUSIP: 13035AAJ8<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |    375000 | PA      | $410619.38    | 0.06%             | 2028-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA INFRASTRUCTURE & ECONOMIC DEVELOPMENT BANK             | EQUITABLE SCH REVOLVING FUND OB GROUP CA 19B 5.0% 11-01-26                                 | CUSIP: 13035AAG4<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |    125000 | PA      | $133249.13    | 0.02%             | 2026-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA (STATE OF)                                             | CA ST GO 5.0% 10-01-29                                                                     | CUSIP: 13063DQP6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1183335.00   | 0.18%             | 2029-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA SCH FIN AUTH                                           | GRANADA HILLS CA CHARTER HS (144A/QIB) 4.0% 07-01-27                                       | CUSIP: 13059TGA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    740000 | PA      | $752997.36    | 0.12%             | 2027-07-01      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| CALIFORNIA (STATE OF)                                             | CA ST GO 5.0% 12-01-34                                                                     | CUSIP: 13063DA73<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     70000 | PA      | $75609.73     | 0.01%             | 2034-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA PUB FIN AUTH                                           | O'CONNOR WOODS HSG CORP CA 4.0% 01-01-29                                                   | CUSIP: 13057EET7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $543721.50    | 0.08%             | 2029-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST MUNI FIN AUTH                                       | CA INSTITUTE OF THE ARTS 4.0% 10-01-33                                                     | CUSIP: 13048VWM6<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    250000 | PA      | $253736.00    | 0.04%             | 2033-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MANTECA CALIF UNI SCH DIST                                        | MANTECA UNIFIED SCHOOL DISTRICT NATL 0.0% 08-01-27                                         | CUSIP: 564538CN4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    560000 | PA      | $495231.52    | 0.08%             | 2027-08-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| SAN JOSE CALIF UNI SCH DIST                                       | SAN JOSE CA USD GO 5.0% 08-01-24                                                           | CUSIP: 798186H70<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $519997.50    | 0.08%             | 2024-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SAUGUS CALIF UN SCH DIST                                          | SAUGUS UNION SCHOOL DISTRICT NATL 0.0% 08-01-24                                            | CUSIP: 804226NL8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1210000 | PA      | $1162963.67   | 0.18%             | 2024-08-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| SACRAMENTO CNTY CALIF                                             | SACRAMENTO AIRPORT CA SUB 18E 5.0% 07-01-30                                                | CUSIP: 786107ST0<br>LEI: 549300OXI5MD45L13R20 | Long             | DBT              | MUN               | US        |    200000 | PA      | $226778.20    | 0.03%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SACRAMENTO CNTY CALIF ARPT SYS REV                                | SACRAMENTO AIRPORT CA SUB 18E 5.0% 07-01-27                                                | CUSIP: 786107SQ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1015000 | PA      | $1134834.96   | 0.17%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SACRAMENTO MUNICIPAL UTILITY DIS                                  | SAC CA SMUD ELEC 97K BHAC SF 5.25% 07-01-24                                                | CUSIP: 786005PL6<br>LEI: E3GSVR6ZOU1MX2V7HF33 | Long             | DBT              | MUN               | US        |    525000 | PA      | $539838.08    | 0.08%             | 2024-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| STOCKTON CALIF UNI SCH DIST                                       | STOCKTON CA USD BAM 18C 5.0% 08-01-30                                                      | CUSIP: 861419XE4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2145000 | PA      | $2470982.09   | 0.38%             | 2030-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SAN RAMON VALLEY CALIF UNI SCH DIST                               | SAN RAMON VALLEY CA USD 5.0% 08-01-24                                                      | CUSIP: 799408Y86<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1040748.00   | 0.16%             | 2024-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| AIRPORT COMMISSION OF THE CITY AND COUNTY OF SAN FRANCISCO        | SAN FRAN ARPT 19D 5.0% 05-01-24                                                            | CUSIP: 79766DMF3<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1032866.00   | 0.16%             | 2024-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SWEETWATER CALIF UN HIGH SCH DIST                                 | SWEETWATER CA UHSD BAM 5.0% 08-01-25                                                       | CUSIP: 870462RH3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1715000 | PA      | $1778189.18   | 0.27%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TOBACCO SECURITIZATION AUTH SOUTHN CALIF                          | SAN DIEGO CNTY CA TOBACCO 19A-1 5.0% 06-01-25                                              | CUSIP: 888804CA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1043946.00   | 0.16%             | 2025-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TARRANT CNTY TEX CULTURAL ED FACS FIN CORP                        | CHRISTUS HEALTH TX 18A 5.0% 07-01-24                                                       | CUSIP: 87638TFW8<br>LEI: 549300ROY505NVTMMI25 | Long             | DBT              | MUN               | US        |    500000 | PA      | $515873.00    | 0.08%             | 2024-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TRANSBAY JOINT POWERS AUTHORITY                                   | TRANSBAY JT POWERS AUTH CA GREEN BOND 20A 5.0% 10-01-27                                    | CUSIP: 89356CAD8<br>LEI: 549300WC0UP8WU8GYU95 | Long             | DBT              | MUN               | US        |    600000 | PA      | $655491.00    | 0.10%             | 2027-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TRANSBAY JOINT POWERS AUTHORITY                                   | TRANSBAY JT POWERS AUTH CA GREEN BOND 20A 5.0% 10-01-28                                    | CUSIP: 89356CAE6<br>LEI: 549300WC0UP8WU8GYU95 | Long             | DBT              | MUN               | US        |    700000 | PA      | $775582.50    | 0.12%             | 2028-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TRANSBAY JOINT POWERS AUTHORITY                                   | TRANSBAY JT POWERS AUTH CA GREEN BOND 20A 5.0% 10-01-29                                    | CUSIP: 89356CAF3<br>LEI: 549300WC0UP8WU8GYU95 | Long             | DBT              | MUN               | US        |    660000 | PA      | $741164.16    | 0.11%             | 2029-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TRANSBAY JOINT POWERS AUTHORITY                                   | TRANSBAY JT POWERS AUTH CA GREEN BOND 20A 5.0% 10-01-30                                    | CUSIP: 89356CAG1<br>LEI: 549300WC0UP8WU8GYU95 | Long             | DBT              | MUN               | US        |    300000 | PA      | $338360.10    | 0.05%             | 2030-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TOB SECURITIZATION AUTH NORTHN CALIF                              | SACRAMENTO COUNTY TOBACCO SECURITIZATION CORP 5.0% 06-01-27                                | CUSIP: 888794BH6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1550000 | PA      | $1682170.05   | 0.26%             | 2027-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UNIVERSITY OF CALIFORNIA                                          | UNIVERSITY OF CALIFORNIA FRN 05-15-48                                                      | CUSIP: 91412GSG1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    800000 | PA      | $800000.00    | 0.12%             | 2048-05-15      | Variable      | 0.40%                 | No            |                  2 | On Loan: No      |
| UKIAH CALIF UNI SCH DIST                                          | UKIAH UNIFIED SCHOOL DISTRICT NATL 0.0% 08-01-23                                           | CUSIP: 903698CA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1481323.50   | 0.23%             | 2023-08-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| VISTA CALIF REDEV AGY SUCCESSO                                    | VISTA CA COMMUNITY RDA TAL AGM 15B1 4.0% 09-01-25                                          | CUSIP: 928328AZ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $414559.60    | 0.06%             | 2025-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| VERNON CALIF ELEC SYS REV                                         | VERNON CA ELEC SYS REV 21A 5.0% 04-01-28                                                   | CUSIP: 924397EN8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    590000 | PA      | $646520.23    | 0.10%             | 2028-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| VICTOR VALLEY CALIF UN HIGH SCH DIST                              | VICTOR VLY CA UHSD AGM 16B 4.0% 08-01-24                                                   | CUSIP: 926055JV7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    730000 | PA      | $747166.68    | 0.11%             | 2024-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| VICTOR VALLEY CALIF UN HIGH SCH DIST                              | VICTOR VLY CA UHSD AGM 16B 4.0% 08-01-26                                                   | CUSIP: 926055JX3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    270000 | PA      | $287732.25    | 0.04%             | 2026-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| VAL VERDE UNIFIED SCHOOL DISTRICT                                 | VAL VERDE CA USD COP AGM 16A 4.0% 08-01-23                                                 | CUSIP: 91882REA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $604944.00    | 0.09%             | 2023-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| WESTSIDE CALIF UN SCH DIST                                        | WESTSIDE UNION SCHOOL DISTRICT NATL 0.0% 08-01-27                                          | CUSIP: 961488LK7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    800000 | PA      | $708012.80    | 0.11%             | 2027-08-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| WEST CONTRA COSTA CALIF UNI SCH DIST                              | WEST CONTRA COSTA UNIFIED SCHOOL DISTRICT NATL 0.0% 08-01-31                               | CUSIP: 952347RV6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2585000 | PA      | $1992132.84   | 0.30%             | 2031-08-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| WEST CONTRA COSTA CALIF UNI SCH DIST                              | WEST CONTRA COSTA UNIFIED SCHOOL DISTRICT NATL 0.0% 08-01-26                               | CUSIP: 952347RQ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2425000 | PA      | $2209609.08   | 0.34%             | 2026-08-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| WESTMINSTER CALIF SCH DIST                                        | WESTMINSTER SCH DIST CA GO CAB AGC 09A1 0.0% 08-01-23                                      | CUSIP: 960621AU4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $987452.00    | 0.15%             | 2023-08-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| YOSEMITE CALIF CMNTY COLLEGE DIST                                 | YOSEMITE CA COMM COLL CABS 10D 0.0% 08-01-31                                               | CUSIP: 987388DH5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $390194.50    | 0.06%             | 2031-08-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| CME CHICAGO MERCANTILE EXCHANGE                                   | UST 30YR FUT ULTRA WNH3 03-22-23                                                           | CUSIP: N/A<br>LEI: SNZ2OJLFK8MNNCLQOF39       | N/A              | DIR              | CORP              | US        |       145 | NC      | $-830342.93   | -0.13%            |  |  |  | No            |                  1 | On Loan: No      |
| CME CHICAGO MERCANTILE EXCHANGE                                   | UST 2YR FUT TUH3 03-31-23                                                                  | CUSIP: N/A<br>LEI: SNZ2OJLFK8MNNCLQOF39       | N/A              | DIR              | CORP              | US        |        80 | NC      | $-42806.40    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| LOS ANGELES CALIF UNI SCH DIST                                    | LA CA USD GO 16B 5.0% 07-01-27                                                             | CUSIP: 5446464V1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1320000 | PA      | $1450969.08   | 0.22%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CALIF UNI SCH DIST                                    | LA CA USD GO 14C 5.0% 07-01-23                                                             | CUSIP: 544646S60<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    520000 | PA      | $525503.68    | 0.08%             | 2023-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CALIF CMNTY FACS DIST                                 | LOS ANGELES CA PLAYA VISTA CFD 4 5.0% 09-01-23                                             | CUSIP: 544386DB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    690000 | PA      | $699658.62    | 0.11%             | 2023-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LODI CALIF PUB FING AUTH ELEC REV                                 | LODI CA ELECTRIC UTIL AGM 5.0% 09-01-23                                                    | CUSIP: 540258AE0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    730000 | PA      | $740515.65    | 0.11%             | 2023-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LODI CALIF PUB FING AUTH ELEC REV                                 | LODI CA ELECTRIC UTIL AGM 5.0% 09-01-24                                                    | CUSIP: 540258AF7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    260000 | PA      | $270167.04    | 0.04%             | 2024-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PERRIS CALIF UN HIGH SCH DIST                                     | PERRIS UNION CA HSD GO 21C 4.0% 09-01-28                                                   | CUSIP: 714398KN3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    185000 | PA      | $201426.52    | 0.03%             | 2028-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST MUNI FIN AUTH                                       | CA ST MFA HUMANGOOD OBLIGATED GROUP 19A 4.0% 10-01-35                                      | CUSIP: 13048VKV9<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1015439.00   | 0.16%             | 2035-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST MUNI FIN AUTH                                       | CA ST MFA HUMANGOOD OBLIGATED GROUP 19A 4.0% 10-01-30                                      | CUSIP: 13048VKQ0<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1785000 | PA      | $1835038.91   | 0.28%             | 2030-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| COMPTON CALIF UNI SCH DIST                                        | COMPTON CA USD BAM CAB 19B 0.0% 06-01-33                                                   | CUSIP: 204736FE7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $687833.00    | 0.11%             | 2033-06-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA INFRASTRUCTURE & ECONOMIC DEVELOPMENT BANK             | EQUITABLE SCH REVOLVING FUND OB GROUP CA 19B 5.0% 11-01-30                                 | CUSIP: 13035AAL3<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |    340000 | PA      | $371082.80    | 0.06%             | 2030-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA INFRASTRUCTURE & ECONOMIC DEVELOPMENT BANK             | EQUITABLE SCH REVOLVING FUND OB GROUP CA 19B 5.0% 11-01-29                                 | CUSIP: 13035AAK5<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |    140000 | PA      | $153631.52    | 0.02%             | 2029-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA INFRASTRUCTURE & ECONOMIC DEVELOPMENT BANK             | EQUITABLE SCH REVOLVING FUND OB GROUP CA 19B 5.0% 11-01-27                                 | CUSIP: 13035AAH2<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |    110000 | PA      | $118976.22    | 0.02%             | 2027-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA INFRASTRUCTURE & ECONOMIC DEVELOPMENT BANK             | EQUITABLE SCH REVOLVING FUND OB GROUP CA 19B 5.0% 11-01-25                                 | CUSIP: 13035AAF6<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |    100000 | PA      | $105007.80    | 0.02%             | 2025-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA SCH FIN AUTH                                           | GRANADA HILLS CA CHARTER HS (144A/QIB) 4.0% 07-01-29                                       | CUSIP: 13059TGC7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    805000 | PA      | $817881.61    | 0.12%             | 2029-07-01      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| CALIFORNIA SCH FIN AUTH                                           | GRANADA HILLS CA CHARTER HS (144A/QIB) 5.0% 07-01-31                                       | CUSIP: 13059TGE3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    875000 | PA      | $915344.50    | 0.14%             | 2031-07-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| CALIFORNIA HEALTH FACS FING AUTH                                  | PROVIDENCE ST JOSEPH HEALTH OBLIGATED GROUP (MPT) 5.0% 10-01-39                            | CUSIP: 13032UUP1<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |   3135000 | PA      | $3462419.40   | 0.53%             | 2039-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST MUNI FIN AUTH                                       | BIOLA UNIV CA 5.0% 10-01-26                                                                | CUSIP: 13048TV75<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    335000 | PA      | $355434.33    | 0.05%             | 2026-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHINO HILLS CALIF FING AUTH                                       | CHINO HILLS FIN AUTH CA SPL TAX 19D 5.0% 09-01-30                                          | CUSIP: 16957RCH0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     60000 | PA      | $67337.40     | 0.01%             | 2030-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHINO HILLS CALIF FING AUTH                                       | CHINO HILLS FIN AUTH CA SPL TAX 19D 5.0% 09-01-28                                          | CUSIP: 16957RCF4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    355000 | PA      | $390715.13    | 0.06%             | 2028-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHINO HILLS CALIF FING AUTH                                       | CHINO HILLS FIN AUTH CA SPL TAX 19D 5.0% 09-01-26                                          | CUSIP: 16957RCD9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    780000 | PA      | $832791.18    | 0.13%             | 2026-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHINO HILLS CALIF FING AUTH                                       | CHINO HILLS FIN AUTH CA SPL TAX 19D 5.0% 09-01-24                                          | CUSIP: 16957RCB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    465000 | PA      | $478651.47    | 0.07%             | 2024-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CLOVIS CALIF UNI SCH DIST                                         | CLOVIS UNIFIED SCHOOL DISTRICT NATL 0.0% 08-01-30                                          | CUSIP: 189342WE4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $807952.00    | 0.12%             | 2030-08-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA INFRASTRUCTURE & ECONOMIC DEVELOPMENT BANK             | CA INFRA EDB J. PAUL GETTY 20A-1 4.0% 04-01-30                                             | CUSIP: 13034AF88<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |    825000 | PA      | $928138.20    | 0.14%             | 2030-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA (STATE OF)                                             | CA ST GO 5.0% 03-01-32                                                                     | CUSIP: 13063DTZ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4756816.00   | 0.73%             | 2032-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA CNTY CALIF TOB SEC                                     | CA CNTY TOBACCO SEC AGY 20A 5.0% 06-01-26                                                  | CUSIP: 13016NEJ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $632283.00    | 0.10%             | 2026-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA POLLUTION CONTROL FINANCING AUTHORITY                  | CALIFORNIA ST POLL CO (MPT) 0.6% 08-01-40                                                  | CUSIP: 13055JAB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3270000 | PA      | $3223091.85   | 0.49%             | 2040-08-01      | Fixed         | 0.60%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA (STATE OF)                                             | CA ST GO 5.0% 11-01-29                                                                     | CUSIP: 13063DWQ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6500000 | PA      | $7704814.00   | 1.18%             | 2029-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CATHEDRAL CITY CALIF REDEV AGY                                    | CATHEDRAL CITY CA MERGED REDEV TAL 21C 4.0% 08-01-23                                       | CUSIP: 14916YDL0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    225000 | PA      | $226297.80    | 0.03%             | 2023-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA STATEWIDE CMNTYS DEV AUTH                              | HARVARD ADAMS HOUSING PARTNERS LP HUD SECT 8 (MPT) 3.5% 03-01-26                           | CUSIP: 13079PYY3<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1751137.50   | 0.27%             | 2026-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA STATEWIDE CMNTYS DEV AUTH                              | VILLA VERDE HOUSING PARTNERS LP HUD SECTION 8 (MPT) 3.5% 02-01-26                          | CUSIP: 13079PYW7<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   2025000 | PA      | $2025830.25   | 0.31%             | 2026-02-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA HEALTH FACS FING AUTH                                  | CA HLTH SUTTER HLTH 16A PREREF 5.0% 11-15-26/25                                            | CUSIP: 13032UBY3<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |    300000 | PA      | $323389.50    | 0.05%             | 2026-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FONTANA CALIF                                                     | FONTANA CA CFD #86 4.0% 09-01-27                                                           | CUSIP: 344630VT2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    120000 | PA      | $123554.52    | 0.02%             | 2027-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FORMER INGLEWOOD CALIF REDEV AGY SUCCESSOR                        | INGLEWOOD REDEV TAX ALLOC CA BAM 17A 5.0% 05-01-27                                         | CUSIP: 34637QAK8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    650000 | PA      | $714203.10    | 0.11%             | 2027-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FONTANA CALIF PUB FING AUTH                                       | FONTANA PUB FING AUTH CA SPL TAX 21A 4.0% 09-01-27                                         | CUSIP: 34461HAF0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    625000 | PA      | $645125.00    | 0.10%             | 2027-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FONTANA CALIF PUB FING AUTH                                       | FONTANA PUB FING AUTH CA SPL TAX 21A 4.0% 09-01-29                                         | CUSIP: 34461HAH6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    390000 | PA      | $403657.02    | 0.06%             | 2029-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FILLMORE CALIF REDEV AGY TAX ALLOC                                | FILLMORE RDA TAL BAM 5.0% 06-01-24                                                         | CUSIP: 31707PAG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1032726.00   | 0.16%             | 2024-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FONTANA CALIF                                                     | FONTANA CA SIERRA HILLS CFD #22 5.0% 09-01-23                                              | CUSIP: 344630QQ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    535000 | PA      | $539212.59    | 0.08%             | 2023-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FOLSOM CORDOVA CALIF UNI SCH DIST SCH FACS IMPT DIST NO 1         | FOLSOM CORDOVA UNIFIED SCHOOL DISTRICT SCHOOL FACILITIES IMPT DIST NO 1 NATL 0.0% 10-01-26 | CUSIP: 34440NDV5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $912209.00    | 0.14%             | 2026-10-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| GROSSMONT HEALTHCARE DISTRICT                                     | GROSSMONT HEALTHCARE DISTRICT CA 21E 5.0% 07-15-31                                         | CUSIP: 399223DN3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    625000 | PA      | $753750.63    | 0.12%             | 2031-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GROSSMONT HEALTHCARE DISTRICT                                     | GROSSMONT HEALTHCARE DISTRICT CA 21E 5.0% 07-15-30                                         | CUSIP: 399223DM5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $592294.00    | 0.09%             | 2030-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GLENDALE CALIF REDEV AGY                                          | GLENDALE CA REDEV AGY TAX ALLOC BAM 5.0% 12-01-24                                          | CUSIP: 378451AK4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    425000 | PA      | $444112.68    | 0.07%             | 2024-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GOLDEN ST TOB SECURITIZATION CORP CALIF                           | GOLDEN STATE TOBACCO SECURITIZATION CORP AMBAC ST APPROP 0.0% 06-01-24                     | CUSIP: 38122NGH9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1936958.00   | 0.30%             | 2024-06-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| JURUPA CALIF PUB FING AUTH REV                                    | JURUPA CA PFA SPL TAX 14A 5.0% 09-01-29                                                    | CUSIP: 482085BK2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    710000 | PA      | $736977.87    | 0.11%             | 2029-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LAKESIDE CALIF UN SCH DIST SAN DIEGO CNTY                         | LAKESIDE USD SAN DIEGO CA 5.0% 08-01-29                                                    | CUSIP: 512138EQ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1785000 | PA      | $1956167.22   | 0.30%             | 2029-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PENINSULA CORRIDOR JT PWRS BRD CALIF                              | PENINSULA CORRIDOR JOINT POWERS BOARD CA 19A 5.0% 10-01-29                                 | CUSIP: 707120CD1<br>LEI: 549300EWZ3063STMF882 | Long             | DBT              | MUN               | US        |    400000 | PA      | $461740.80    | 0.07%             | 2029-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| RIVERSIDE CALIF UNI SCH DIST                                      | RIVERSIDE CA USD SPL TAX BAM 5.0% 09-01-25                                                 | CUSIP: 769066AM3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $368545.45    | 0.06%             | 2025-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA EDUCATIONAL FACILITIES AUTHORITY                       | CHAPMAN UNIVERSITY CA 21A 5.0% 04-01-28                                                    | CUSIP: 130179TH7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1375000 | PA      | $1560222.13   | 0.24%             | 2028-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA HEALTH FACS FING AUTH                                  | CA HLTH LUCILE PACKARD CHILDRENS HOSP 22A 5.0% 05-15-26                                    | CUSIP: 13032UYP7<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |    830000 | PA      | $901688.76    | 0.14%             | 2026-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA HEALTH FACS FING AUTH                                  | STANFORD HEALTH CARE OBLIGATED GROUP (MPT) 3.0% 08-15-54                                   | CUSIP: 13032UYT9<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1008112.00   | 0.15%             | 2054-08-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA (STATE OF)                                             | CA ST GO 5.0% 09-01-30                                                                     | CUSIP: 13063DE20<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $4215445.50   | 0.64%             | 2030-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA (STATE OF)                                             | CA ST GO 5.0% 09-01-31                                                                     | CUSIP: 13063DE38<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $3065065.00   | 0.47%             | 2031-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA PUB FIN AUTH                                           | O'CONNOR WOODS HSG CORP CA 4.0% 01-01-28                                                   | CUSIP: 13057EES9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    450000 | PA      | $483444.90    | 0.07%             | 2028-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA (STATE OF)                                             | CA ST GO 5.0% 12-01-30                                                                     | CUSIP: 13063DC22<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    520000 | PA      | $629474.56    | 0.10%             | 2030-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES DEPARTMENT OF AIRPORTS LOS ANGELES INTERNATIONAL AIR  | LA CA DEPT OF ARPTS SUB 21B 5.0% 05-15-34                                                  | CUSIP: 544445TJ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1025000 | PA      | $1232341.10   | 0.19%             | 2034-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CNTY CALIF MET TRANSN AUTH                            | LA CO CA MTA SALES TAX REV 5.0% 07-01-30                                                   | CUSIP: 54466HKJ4<br>LEI: 54930051IHTXE1N9RB42 | Long             | DBT              | MUN               | US        |   3610000 | PA      | $4352382.06   | 0.66%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CNTY CALIF MET TRANSN AUTH                            | LA CO CA MTA SALES TAX REV 21A 5.0% 07-01-34                                               | CUSIP: 54466HKN5<br>LEI: 54930051IHTXE1N9RB42 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1207075.00   | 0.18%             | 2034-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MENIFEE CALIF UN SCH DIST                                         | MENIFEE USD CA CFD #2011-1 4.0% 09-01-28                                                   | CUSIP: 5868103V3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    275000 | PA      | $282800.65    | 0.04%             | 2028-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SOUTH PLACER WASTEWATER AUTH CALIF                                | ROSEVILLE WSTWTR CA 5.0% 11-01-32                                                          | CUSIP: 839423CR9<br>LEI: 549300FGO2EDNXECW829 | Long             | DBT              | MUN               | US        |    500000 | PA      | $610141.00    | 0.09%             | 2032-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SAN FRANCISCO CALIF BAY AREA RAPID TRAN DIST                      | SAN FRAN CA BART GO 20C-1 5.0% 08-01-27                                                    | CUSIP: 797661ZD0<br>LEI: 549300Y3C3QUMLE3FY58 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1692727.50   | 0.26%             | 2027-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SAN FRANCISCO CALIF UNIFIED SCHOOL DIST                           | SAN FRANCISCO UNIFIED SCHOOL DISTRICT 4.0% 06-15-34                                        | CUSIP: 79771TNK9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    975000 | PA      | $1048632.00   | 0.16%             | 2034-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CALIFORNIA PUBLIC POWER AUTHORITY                        | SCPPA CA 5.0% 07-01-27                                                                     | CUSIP: 84247PMH1<br>LEI: 5493003B5TD5FWUKMD34 | Long             | DBT              | MUN               | US        |    400000 | PA      | $450818.80    | 0.07%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CALIFORNIA PUBLIC POWER AUTHORITY                        | SCPPA CA 5.0% 07-01-26                                                                     | CUSIP: 84247PMG3<br>LEI: 5493003B5TD5FWUKMD34 | Long             | DBT              | MUN               | US        |    200000 | PA      | $219737.20    | 0.03%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SAN DIEGO COUNTY REGIONAL TRANSPORTATION COMMISSION               | SAN DIEGO CO CA REGL TRANS SALES TAX SUB 21B 5.0% 04-01-29                                 | CUSIP: 797400NJ3<br>LEI: W4FR340A6EQ2SSI17B56 | Long             | DBT              | MUN               | US        |    320000 | PA      | $375343.68    | 0.06%             | 2029-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NORMAN Y MINETA SAN JOSE INTERNATIONAL AIRPORT                    | SAN JOSE CA AIRPORT 21B BAM 5.0% 03-01-29                                                  | CUSIP: 798136XK8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $579842.50    | 0.09%             | 2029-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NORMAN Y MINETA SAN JOSE INTERNATIONAL AIRPORT                    | SAN JOSE CA AIRPORT 21B BAM 5.0% 03-01-30                                                  | CUSIP: 798136XL6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $295124.75    | 0.05%             | 2030-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NORMAN Y MINETA SAN JOSE INTERNATIONAL AIRPORT                    | SAN JOSE CA AIRPORT 21B 5.0% 03-01-32                                                      | CUSIP: 798136XN2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1499696.25   | 0.23%             | 2032-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SAN DIEGO CALIF PUB FACS FING AUTH                                | SAN DIEGO CA PFA CAPITAL IMPT 21A 5.0% 10-15-31                                            | CUSIP: 797299NK6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $177629.55    | 0.03%             | 2031-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SAN DIEGO CALIF PUB FACS FING AUTH                                | SAN DIEGO CA PFA CAPITAL IMPT 21A 5.0% 10-15-30                                            | CUSIP: 797299NJ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $238652.40    | 0.04%             | 2030-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SANTA ROSA CALIF HIGH SCH DIST                                    | SANTA ROSA HIGH SCH DIST CA 21E BAM 4.0% 08-01-27                                          | CUSIP: 802615L36<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $542148.50    | 0.08%             | 2027-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SANTA ROSA CALIF HIGH SCH DIST                                    | SANTA ROSA HIGH SCH DIST CA 21E BAM 4.0% 08-01-29                                          | CUSIP: 802615L51<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $551085.50    | 0.08%             | 2029-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SANTA MONICA-MALIBU UNI SCH DIST CALIF                            | SANTA MONICA-MALIBU USD CA 21B 4.0% 08-01-25                                               | CUSIP: 802498XR1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    345000 | PA      | $360745.11    | 0.06%             | 2025-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SANTA MONICA-MALIBU UNI SCH DIST CALIF                            | SANTA MONICA-MALIBU USD CA 21B 4.0% 08-01-24                                               | CUSIP: 802498XQ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1235000 | PA      | $1267786.78   | 0.19%             | 2024-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SAN JOSE CALIF                                                    | SAN JOSE CA 21A 5.0% 09-01-30                                                              | CUSIP: 798135J75<br>LEI: 549300QHIHSH68W22O38 | Long             | DBT              | MUN               | US        |   2250000 | PA      | $2723978.25   | 0.42%             | 2030-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SANTALUZ CMNTY FACS DIST NO 2 CALIF                               | SD CA CFD NO 2 4.0% 09-01-27                                                               | CUSIP: 802808FC4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    635000 | PA      | $675517.45    | 0.10%             | 2027-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SANTALUZ CMNTY FACS DIST NO 2 CALIF                               | SD CA CFD NO 2 4.0% 09-01-28                                                               | CUSIP: 802808FD2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    875000 | PA      | $937105.75    | 0.14%             | 2028-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SAN DIEGO CNTY CALIF WTR AUTH                                     | SAN DIEGO CO WTR CA 22A 5.0% 05-01-28                                                      | CUSIP: 79741TAX2<br>LEI: 549300Y0QN5OFKA1G520 | Long             | DBT              | MUN               | US        |    250000 | PA      | $287791.50    | 0.04%             | 2028-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SACRAMENTO CALIF CITY UNI SCH DIST                                | SACRAMENTO CA USD BAM 22A 5.0% 08-01-23                                                    | CUSIP: 785870C95<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5680000 | PA      | $5751897.44   | 0.88%             | 2023-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SAN DIEGO CALIF UNI SCH DIST                                      | SAN DIEGO CA USD TRANS 22A 4.0% 06-30-23                                                   | CUSIP: 797356EN8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3585000 | PA      | $3607546.07   | 0.55%             | 2023-06-30      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| STOCKTON CALIF UNI SCH DIST                                       | STOCKTON CA USD AGM 11D 0.0% 08-01-33                                                      | CUSIP: 861419RK7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $1807267.50   | 0.28%             | 2033-08-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| SAN DIEGO CALIF UNI SCH DIST                                      | SAN DIEGO UNIFIED SCHOOL DISTRICT 0.0% 07-01-34                                            | CUSIP: 797355Q80<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2103282.00   | 0.32%             | 2034-07-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| SAUGUS   HART CALIF SCH FACS FING AUTH                            | SAUGUS/HART SCH FACS CA 5.0% 09-01-24                                                      | CUSIP: 804208CA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $513353.50    | 0.08%             | 2024-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SAUGUS   HART CALIF SCH FACS FING AUTH                            | SAUGUS/HART SCH FACS CA 5.0% 09-01-25                                                      | CUSIP: 804208CB0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1110000 | PA      | $1160379.57   | 0.18%             | 2025-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SANTA MARGARITA CALIF WTR DIST                                    | SANTA MARGARITA CA WTR DIST TALEGA 14B 5.0% 09-01-24                                       | CUSIP: 802242FA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    530000 | PA      | $545890.99    | 0.08%             | 2024-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SANTA MARGARITA CALIF WTR DIST                                    | SANTA MARGARITA CA WTR DIST TALEGA 14B 5.0% 09-01-25                                       | CUSIP: 802242FM4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    375000 | PA      | $386873.25    | 0.06%             | 2025-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SAN JOSE CALIF UNI SCH DIST                                       | SAN JOSE CA USD GO 5.0% 08-01-23                                                           | CUSIP: 798186H62<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    375000 | PA      | $379933.50    | 0.06%             | 2023-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WEST BASIN CALIF MUN WTR DIST                                     | WEST BASIN CA MUN WTR DIST 21A 5.0% 08-01-31                                               | CUSIP: 951254DE8<br>LEI: 54930017XCXSHT6Y5458 | Long             | DBT              | MUN               | US        |    745000 | PA      | $908786.76    | 0.14%             | 2031-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WOODLAND CALIF                                                    | WOODLAND CA CFD NO 04-1 SPRING LAKE AGM 4.0% 09-01-31                                      | CUSIP: 979568HD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    260000 | PA      | $276164.98    | 0.04%             | 2031-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| WOODLAND CALIF                                                    | WOODLAND CA CFD NO 04-1 SPRING LAKE AGM 4.0% 09-01-29                                      | CUSIP: 979568HB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    215000 | PA      | $229454.24    | 0.04%             | 2029-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| WOODLAND CALIF                                                    | WOODLAND CA CFD NO 04-1 SPRING LAKE AGM 4.0% 09-01-30                                      | CUSIP: 979568HC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    235000 | PA      | $248990.96    | 0.04%             | 2030-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| WEST CONTRA COSTA CALIF UNI SCH DIST                              | WEST CONTRA COSTA CA USD GO 08B 6.0% 08-01-27                                              | CUSIP: 952347UB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3474666.00   | 0.53%             | 2027-08-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA PUB FIN AUTH                                           | O'CONNOR WOODS HSG CORP CA 4.0% 01-01-31                                                   | CUSIP: 13057EEV2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    520000 | PA      | $577706.48    | 0.09%             | 2031-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| METROPOLITAN WATER DISTRICT OF SOUTHERN CALIFORNIA                | MET WTR REV DIST SO CA 22B 5.0% 07-01-34                                                   | CUSIP: 59266TVF5<br>LEI: 5493003GD0S0P56RLT45 | Long             | DBT              | MUN               | US        |    500000 | PA      | $611735.00    | 0.09%             | 2034-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| METROPOLITAN WATER DISTRICT OF SOUTHERN CALIFORNIA                | MET WTR REV DIST SO CA 22B 5.0% 07-01-33                                                   | CUSIP: 59266TVE8<br>LEI: 5493003GD0S0P56RLT45 | Long             | DBT              | MUN               | US        |    500000 | PA      | $624216.50    | 0.10%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| METROPOLITAN WATER DISTRICT OF SOUTHERN CALIFORNIA                | METROPOLITAN WATER DISTRICT OF SOUTHERN CALIFORNIA FRN 07-01-37                            | CUSIP: 59266TVP3<br>LEI: 5493003GD0S0P56RLT45 | Long             | DBT              | MUN               | US        |   2235000 | PA      | $2235000.00   | 0.34%             | 2037-07-01      | Variable      | 0.40%                 | No            |                  2 | On Loan: No      |
| MERCED CALIF IRR DIST                                             | MERCED CA IRRIGATION AGM 15A 5.0% 10-01-28                                                 | CUSIP: 587616CJ0<br>LEI: YNH41OTIRKLVV8VYX386 | Long             | DBT              | MUN               | US        |    250000 | PA      | $269036.50    | 0.04%             | 2028-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MANHATTAN BEACH CALIF UNI SCH DIST                                | MANHATTAN BCH CA USD 99C NATL CAB SF 0.0% 09-01-24                                         | CUSIP: 562785CS2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3800000 | PA      | $3618219.40   | 0.55%             | 2024-09-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| SAN DIEGO REG AIRPORT                                             | SAN DIEGO CA REGL AIRPORT SUB 19A 5.0% 07-01-28                                            | CUSIP: 79739GKS4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    320000 | PA      | $366625.60    | 0.06%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SAN DIEGO REG AIRPORT                                             | SAN DIEGO CA REGL AIRPORT SUB 19A 5.0% 07-01-29                                            | CUSIP: 79739GKT2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    585000 | PA      | $682936.02    | 0.10%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SAN DIEGO REG AIRPORT                                             | SAN DIEGO CA REGL AIRPORT SUB 20B 5.0% 07-01-31                                            | CUSIP: 79739GJB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1405000 | PA      | $1668201.46   | 0.25%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SAN DIEGO REG AIRPORT                                             | SAN DIEGO CA REGL AIRPORT SUB 20A 5.0% 07-01-28                                            | CUSIP: 79739GHB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1145705.00   | 0.18%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SANTALUZ CMNTY FACS DIST NO 2 CALIF                               | SD CA CFD NO 2 4.0% 09-01-29                                                               | CUSIP: 802808FE0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    430000 | PA      | $463384.77    | 0.07%             | 2029-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SAN DIEGO CALIF UNI SCH DIST                                      | SAN DIEGO CA USD GO 15R-4 5.0% 07-01-26                                                    | CUSIP: 7973552C7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1070708.00   | 0.16%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SAN DIEGO CALIF UNI SCH DIST                                      | SAN DIEGO CA USD GO 15R-4 5.0% 07-01-27                                                    | CUSIP: 7973552D5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3213984.00   | 0.49%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SILICON VALLEY CLEAN WATER                                        | SILICON VALLEY CLEAN WTR CA 21B 0.5% 03-01-26                                              | CUSIP: 82707BEV7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5040000 | PA      | $4675986.00   | 0.71%             | 2026-03-01      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| AIRPORT COMMISSION OF THE CITY AND COUNTY OF SAN FRANCISCO        | SAN FRAN ARPT 22B 5.0% 05-01-27                                                            | CUSIP: 79766DUJ6<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4461712.00   | 0.68%             | 2027-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SAN DIEGO CNTY CALIF WTR AUTH                                     | SAN DIEGO CO WTR CA 22A 5.0% 05-01-29                                                      | CUSIP: 79741TAY0<br>LEI: 549300Y0QN5OFKA1G520 | Long             | DBT              | MUN               | US        |    500000 | PA      | $588803.00    | 0.09%             | 2029-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SACRAMENTO CALIF CITY UNI SCH DIST                                | SACRAMENTO CA USD BAM 5.0% 07-01-30                                                        | CUSIP: 785870F92<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1050000 | PA      | $1238972.70   | 0.19%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SEAL BEACH CALIF CMNTY FACS DIST NO 2005-1                        | SEAL BEACH CFD PACIFIC GATEWAY 3.0% 09-01-23                                               | CUSIP: 812032AZ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $149460.75    | 0.02%             | 2023-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| SEAL BEACH CALIF CMNTY FACS DIST NO 2005-1                        | SEAL BEACH CFD PACIFIC GATEWAY 3.0% 09-01-24                                               | CUSIP: 812032BA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    145000 | PA      | $143504.91    | 0.02%             | 2024-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| SEAL BEACH CALIF CMNTY FACS DIST NO 2005-1                        | SEAL BEACH CFD PACIFIC GATEWAY 3.0% 09-01-25                                               | CUSIP: 812032BB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    365000 | PA      | $359935.26    | 0.05%             | 2025-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| SEAL BEACH CALIF CMNTY FACS DIST NO 2005-1                        | SEAL BEACH CFD PACIFIC GATEWAY 3.0% 09-01-26                                               | CUSIP: 812032BC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $147219.75    | 0.02%             | 2026-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| SAN DIEGO REG AIRPORT                                             | SAN DIEGO CA REGL AIRPORT SR 13A ETM 5.0% 07-01-23                                         | CUSIP: 79739GDM5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    245000 | PA      | $247715.58    | 0.04%             | 2023-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SAN JOSE CALIF FING AUTH                                          | SAN JOSE CA 13A PREREF 5.0% 06-01-30/23                                                    | CUSIP: 798153LQ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1625000 | PA      | $1639355.25   | 0.25%             | 2030-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SAN JOSE CALIF UNI SCH DIST                                       | SAN JOSE UNIFIED SCHOOL DISTRICT NATL 0.0% 08-01-25                                        | CUSIP: 798186VJ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    795000 | PA      | $748606.98    | 0.11%             | 2025-08-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| SAN JOAQUIN HILLS CALIF TRANSN CORRIDOR AGY                       | SAN JOAQUIN CA TOLL ROAD CAB NATL 97A 0.0% 01-15-25                                        | CUSIP: 798111CZ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    285000 | PA      | $268280.76    | 0.04%             | 2025-01-15      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| SAN DIEGO CALIF UNI SCH DIST                                      | SAN DIEGO CA USD GO 16R-5 5.0% 07-01-29                                                    | CUSIP: 7973554T8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1647348.00   | 0.25%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SAN FRANCISCO CALIF CITY & CNTY PUB UTILS COMMN                   | SAN FRAN CA PUB UTIL WTR 16A 5.0% 11-01-27                                                 | CUSIP: 79765RH44<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1663618.50   | 0.25%             | 2027-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SAN DIEGO CALIF UNI SCH DIST                                      | SAN DIEGO CA USD GO 16SR-1 4.0% 07-01-31                                                   | CUSIP: 7973554M3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3163770.00   | 0.48%             | 2031-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SOLANO CNTY CALIF CMNTY COLLEGE DIST                              | SOLANO CNTY CA CCD 13A PREREF SF 4.375% 08-01-47/23                                        | CUSIP: 83412PCC4<br>LEI: 549300P3BIFQULH2R110 | Long             | DBT              | MUN               | US        |    595000 | PA      | $601117.79    | 0.09%             | 2047-08-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| SAN FRANCISCO CALIF BAY AREA RAPID TRAN DIST                      | SAN FRAN CA BART SALES TAX REV 15A 5.0% 07-01-27                                           | CUSIP: 797669WB0<br>LEI: 549300Y3C3QUMLE3FY58 | Long             | DBT              | MUN               | US        |    475000 | PA      | $508532.15    | 0.08%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WEST CONTRA COSTA CALIF UNI SCH DIST                              | WEST CONTRA COSTA CA USD GO AGM 20F 4.0% 08-01-28                                          | CUSIP: 9523472X9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $651318.60    | 0.10%             | 2028-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| WEST CONTRA COSTA CALIF UNI SCH DIST                              | WEST CONTRA COSTA CA USD GO AGM 20E 4.0% 08-01-30                                          | CUSIP: 9523473Y6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    900000 | PA      | $998802.90    | 0.15%             | 2030-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| WEST BASIN CALIF MUN WTR DIST                                     | WEST BASIN CA MUN WTR DIST 21A 5.0% 08-01-30                                               | CUSIP: 951254DD0<br>LEI: 54930017XCXSHT6Y5458 | Long             | DBT              | MUN               | US        |   1575000 | PA      | $1885289.18   | 0.29%             | 2030-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CORONA-NORCO CALIF UNI SCH DIST                                   | CORONA-NORCO CA USD CFD 16-05-1 SF 5.0% 09-01-36                                           | CUSIP: 219766MU3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2010000 | PA      | $2096417.94   | 0.32%             | 2036-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA STATEWIDE CMNTYS DEV AUTH                              | CA STWD UCI APT 5.0% 05-15-29                                                              | CUSIP: 13078RGB0<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1308848.75   | 0.20%             | 2029-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA STATEWIDE CMNTYS DEV AUTH                              | CA STWD RADY CHILDREN'S HOSPITAL 16B 5.0% 08-15-28                                         | CUSIP: 13080SLZ5<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |    860000 | PA      | $979744.68    | 0.15%             | 2028-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA STATE UNIVERSITY                                       | CALIFORNIA STATE UNIVERSITY (MPT) 0.55% 11-01-49                                           | CUSIP: 13077C4K7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1980000 | PA      | $1768187.52   | 0.27%             | 2049-11-01      | Fixed         | 0.55%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA STATE UNIVERSITY                                       | CALIFORNIA STATE UNIVERSITY (MPT) 4.0% 11-01-51                                            | CUSIP: 13077C4L5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2507677.50   | 0.38%             | 2051-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA (STATE OF)                                             | CA ST GO VETERANS SFM PAC (75-500) 5 YR PSA 16CN SF 3.5% 12-01-45                          | CUSIP: 13063CL73<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    370000 | PA      | $369789.47    | 0.06%             | 2045-12-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST MUNI FIN AUTH                                       | CA MFA AMERICAN HERITAGE ED 16A SF 4.0% 06-01-26                                           | CUSIP: 13049AAE3<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    165000 | PA      | $165986.37    | 0.03%             | 2026-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CHABOT-LAS POSITAS CMNTY COLLEGE DIST                             | CHABOT-LAS POSITAS CA CCD 4.0% 08-01-33                                                    | CUSIP: 15722TGL9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1580000 | PA      | $1664335.66   | 0.25%             | 2033-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST DEPT VET AFFAIRS                                    | CA VETERANS HOUSING PAC (75-500) PSA 16B SF 3.5% 12-01-45                                  | CUSIP: 130658NL7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2315000 | PA      | $2314293.93   | 0.35%             | 2045-12-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA HEALTH FACS FING AUTH                                  | CA HLTH SUTTER HLTH 13A SF PREREF 5.0% 08-15-52/23                                         | CUSIP: 13033LW52<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |   1665000 | PA      | $1689666.98   | 0.26%             | 2052-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| EL DORADO CNTY CALIF                                              | EL DORADO CA CFD 92-1 5.0% 09-01-24                                                        | CUSIP: 283113ED6<br>LEI: 254900YWTZGSOPTH2R20 | Long             | DBT              | MUN               | US        |    855000 | PA      | $856963.08    | 0.13%             | 2024-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA HEALTH FACS FING AUTH                                  | CA HLTH FAC ADVENTIST HEALTH 13A 5.0% 03-01-24                                             | CUSIP: 13033LR74<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |   1105000 | PA      | $1106899.50   | 0.17%             | 2024-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA HEALTH FACS FING AUTH                                  | CA HLTH FAC ADVENTIST HEALTH 13A 5.0% 03-01-23                                             | CUSIP: 13033LR66<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |    910000 | PA      | $911539.72    | 0.14%             | 2023-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| IRVINE CALIF                                                      | IRVINE CA REASSMT DIST 13-1 5.0% 09-02-24                                                  | CUSIP: 46360RQH3<br>LEI: 549300PJ9FL2XGFR8J79 | Long             | DBT              | MUN               | US        |    725000 | PA      | $735371.13    | 0.11%             | 2024-09-02      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| IRVINE CALIF                                                      | IRVINE CA REASSMT DIST 13-1 3.375% 09-02-23                                                | CUSIP: 46360RPS0<br>LEI: 549300PJ9FL2XGFR8J79 | Long             | DBT              | MUN               | US        |    850000 | PA      | $853915.10    | 0.13%             | 2023-09-02      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA STATEWIDE CMNTYS DEV AUTH                              | CA HLTH HENRY MAYO NEWHALL MEM HOSP AGM 14A 5.0% 10-1-23                                   | CUSIP: 13080SCB8<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |    500000 | PA      | $507095.00    | 0.08%             | 2023-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA STATE UNIVERSITY                                       | CA ST UNIV REV 15A 5.0% 11-01-24                                                           | CUSIP: 13077CY40<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $524492.50    | 0.08%             | 2024-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA (STATE OF)                                             | CA ST GO AGM SF 5.25% 08-01-32                                                             | CUSIP: 13062TH72<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2486164.00   | 0.38%             | 2032-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA (STATE OF)                                             | CA ST GO 4.0% 09-01-31                                                                     | CUSIP: 13063CD72<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2205000 | PA      | $2335758.71   | 0.36%             | 2031-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA HEALTH FACS FING AUTH                                  | CA HLTH FAC CEDARS-SINAI MED CTR 16A 5.0% 08-15-23                                         | CUSIP: 13032UHV3<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |    650000 | PA      | $659212.45    | 0.10%             | 2023-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA HEALTH FACS FING AUTH                                  | CA STWD ADVENTIST HLTH SYSTEMS WEST 16A 4.0% 03-01-25                                      | CUSIP: 13032UFY9<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |   1270000 | PA      | $1300157.42   | 0.20%             | 2025-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA HEALTH FACS FING AUTH                                  | CA HLTH LUCILE PACKARD CHILDRENS HOSP 14A 5.0% 08-15-25                                    | CUSIP: 13033L2Z9<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |    400000 | PA      | $414918.40    | 0.06%             | 2025-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA DEPARTMENT OF WATER RESOURCES                          | CA ST DEPT WTR RES CENTRAL VALLEY 16AV 4.0% 12-01-33                                       | CUSIP: 13067WCX8<br>LEI: 549300X618YEC5LGBQ98 | Long             | DBT              | MUN               | US        |   3260000 | PA      | $3441497.24   | 0.53%             | 2033-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CHINO CA REDEVELOPMENT AGENCY                                     | CHINO CA TAL BAM 14A 5.0% 09-01-25                                                         | CUSIP: 169550AM2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    665000 | PA      | $691922.53    | 0.11%             | 2025-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA STATE PUBLIC WORKS BOARD                               | CA PUB WKS LEASE REV VAR PROJ 16D 5.0% 04-01-28                                            | CUSIP: 13068LA39<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $441976.80    | 0.07%             | 2028-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA STATE UNIVERSITY                                       | CA ST UNIV SYSTEMWIDE REV 16A 5.0% 11-01-28                                                | CUSIP: 13077C4A9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2705000 | PA      | $2959919.20   | 0.45%             | 2028-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST MUNI FIN AUTH                                       | UNIVERSITY OF LA VERNE 5.0% 06-01-23                                                       | CUSIP: 13048T2C6<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    750000 | PA      | $756200.25    | 0.12%             | 2023-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA SCH FIN AUTH                                           | CA SCH FIN AU KIPP LA PROJ CHARTER (144A/QIB) SF 15A 3.625% 07-01-25                       | CUSIP: 13059TBX6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    460000 | PA      | $462241.12    | 0.07%             | 2025-07-01      | Fixed         | 3.62%                 | Yes           |                  2 | On Loan: No      |
| CALIFORNIA ST MUNI FIN AUTH                                       | CA ST RETIREMENT HOUSING FOUNDATION 17A ETM 5.0% 11-15-24                                  | CUSIP: 13048T5K5<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    300000 | PA      | $313992.30    | 0.05%             | 2024-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA SCH FIN AUTH                                           | CA SCH FIN AU KIPP LA PROJ CHARTER (144A/QIB) 17A 5.0% 07-01-24                            | CUSIP: 13059TER6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    585000 | PA      | $598817.12    | 0.09%             | 2024-07-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| CATHEDRAL CITY CALIF REDEV AGY                                    | CATHEDRAL CITY CA MERGED REDEV TAL AGM 14B 5.0% 08-01-24                                   | CUSIP: 14916YBF5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    260000 | PA      | $268841.56    | 0.04%             | 2024-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA (STATE OF)                                             | CA ST GO 5.0% 11-01-29                                                                     | CUSIP: 13063DBU1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6000000 | PA      | $6786576.00   | 1.04%             | 2029-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CONCORD CALIF REDEV AGY                                           | CONCORD CA REDEV AGY TAX ALLOC BAM 5.0% 03-01-23                                           | CUSIP: 206140AJ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    825000 | PA      | $826572.45    | 0.13%             | 2023-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA STATEWIDE CMNTYS DEV AUTH                              | CA STWD HEBREW HOME CA MTG 5.0% 11-01-26                                                   | CUSIP: 13080SPV0<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |    575000 | PA      | $630654.83    | 0.10%             | 2026-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA HEALTH FACS FING AUTH                                  | STANFORD HLTH CARE CA 17A 5.0% 11-15-32                                                    | CUSIP: 13032UQK7<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |   4575000 | PA      | $5114584.65   | 0.78%             | 2032-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA HEALTH FACS FING AUTH                                  | STANFORD HLTH CARE CA 17A 5.0% 11-15-24                                                    | CUSIP: 13032UQB7<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1047600.00   | 0.16%             | 2024-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA HEALTH FACS FING AUTH                                  | STANFORD HLTH CARE CA 17A 5.0% 11-15-26                                                    | CUSIP: 13032UQD3<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1935865.75   | 0.30%             | 2026-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA POLLUTION CONTROL FINANCING AUTHORITY                  | AIR PRODUCTS AND CHEMICALS INC FRN 03-01-42                                                | CUSIP: 13053RAM1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  14300000 | PA      | $14300000.00  | 2.18%             | 2042-03-01      | Variable      | 0.37%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA SCH FIN AUTH                                           | CA SCH FIN AU KIPP LA PROJ CHARTER (144A/QIB) 14A SF 4.125% 07-01-24                       | CUSIP: 13059TAP4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    315000 | PA      | $317413.85    | 0.05%             | 2024-07-01      | Fixed         | 4.12%                 | Yes           |                  2 | On Loan: No      |
| CALIFORNIA (STATE OF)                                             | CA ST GO VETERANS SFM PAC (100-500) 17CQ SF 4.0% 12-01-47                                  | CUSIP: 13063DEK0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    930000 | PA      | $938904.75    | 0.14%             | 2047-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA HEALTH FACS FING AUTH                                  | CA HLTH SUTTER HLTH 18A 5.0% 11-15-26                                                      | CUSIP: 13032UQZ4<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |   2300000 | PA      | $2526653.50   | 0.39%             | 2026-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA HEALTH FACS FING AUTH                                  | CA HLTH SUTTER HLTH 18A 5.0% 11-15-24                                                      | CUSIP: 13032UQX9<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3135807.00   | 0.48%             | 2024-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA SCH FIN AUTH                                           | CA SCH FIN AU KIPP LA PROJ CHARTER (144A/QIB) 17A 5.00% 07-01-26                           | CUSIP: 13059TET2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    505000 | PA      | $533579.47    | 0.08%             | 2026-07-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| CATHEDRAL CITY CALIF REDEV AGY                                    | CATHEDRAL CITY CA MERGED REDEV TAL AGM 14A 5.0% 08-01-25                                   | CUSIP: 14916YAL3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    620000 | PA      | $644646.24    | 0.10%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA STATEWIDE CMNTYS DEV AUTH                              | CA STWD ADVENTIST HLTH SYSTEMS WEST 15A 5.0% 03-01-28                                      | CUSIP: 13080SJE5<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   2085000 | PA      | $2212902.24   | 0.34%             | 2028-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CERRITOS CALIF CMNTY COLLEGE DIST                                 | CERRITOS CA CCD 12D 0.0% 08-01-27                                                          | CUSIP: 156792FB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    830000 | PA      | $742524.64    | 0.11%             | 2027-08-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST MUNI FIN AUTH                                       | CALIFORNIA LUTHERAN UNIVERSITY CA 5.0% 10-01-26                                            | CUSIP: 13048VDJ4<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    300000 | PA      | $315858.00    | 0.05%             | 2026-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA STATEWIDE CMNTYS DEV AUTH                              | CA STWD ADVENTIST HLTH SYSTEMS WEST 18A 5.0% 03-01-34                                      | CUSIP: 13080SWD2<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |    975000 | PA      | $1052588.55   | 0.16%             | 2034-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA (STATE OF)                                             | CA ST GO VETERANS SFM PAC (100-500) 18CR SF 4.0% 12-01-48                                  | CUSIP: 13063DJT6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3320000 | PA      | $3361729.08   | 0.51%             | 2048-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA (STATE OF)                                             | CA ST GO 5.0% 10-01-30                                                                     | CUSIP: 13063DKD9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1156828.00   | 0.18%             | 2030-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA HEALTH FACS FING AUTH                                  | EL CAMINO HOSP CA ST HLTH FAC 5.0% 02-01-25                                                | CUSIP: 13032ULU0<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1048283.00   | 0.16%             | 2025-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COMPTON COMMUNITY COLLEGE DISTRICT                                | COMPTON CA CCD BAM PREREF 5.0% 07-01-26/24                                                 | CUSIP: 204709FP9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1290000 | PA      | $1339165.77   | 0.20%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA (STATE OF)                                             | CA ST GO 5.0% 04-01-31                                                                     | CUSIP: 13063DLJ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3650139.00   | 0.56%             | 2031-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST DEPT VET AFFAIRS                                    | CA VETERANS HOUSING PAC (100-500) PSA 19A SF 4.0% 12-01-49                                 | CUSIP: 130658PS0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2070000 | PA      | $2098305.18   | 0.32%             | 2049-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ALAMEDA CORRIDOR TRANSN AUTH CALIF                                | ALAMEDA CA CORRIDOR TRANS 16A SUB LIEN 5.0% 10-01-25                                       | CUSIP: 010869GX7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $521311.00    | 0.08%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA (STATE OF)                                             | CA ST GO VETERANS SFM PAC (100-500) PSA 19A SF 4.0% 12-01-49                               | CUSIP: 13063DND6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1970000 | PA      | $1995342.08   | 0.30%             | 2049-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA (STATE OF)                                             | CA ST GO 5.0% 04-01-28                                                                     | CUSIP: 13063DPG7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    685000 | PA      | $784471.59    | 0.12%             | 2028-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CARSON CALIF PUB FING AUTH REASSESEMENT REVENUE                   | CARSON CA PUB FIN AUTH REA REV 5.0% 09-02-29                                               | CUSIP: 14601GBV9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1113513.00   | 0.17%             | 2029-09-02      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST MUNI FIN AUTH                                       | CA ST MFA HUMANGOOD OBLIGATED GROUP 19A 4.0% 10-01-28                                      | CUSIP: 13048VKN7<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    750000 | PA      | $773520.00    | 0.12%             | 2028-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA (STATE OF)                                             | CA ST GO 5.0% 04-01-27                                                                     | CUSIP: 13063DPF9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    745000 | PA      | $833136.48    | 0.13%             | 2027-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DEL MAR CALIF                                                     | DEL MAR CA USD SPL TAX 4.0% 09-01-26                                                       | CUSIP: 245157DT6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $412626.40    | 0.06%             | 2026-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| DEL MAR CALIF                                                     | DEL MAR CA USD SPL TAX 5.0% 09-01-27                                                       | CUSIP: 245157DU3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    880000 | PA      | $956845.12    | 0.15%             | 2027-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| IRVINE CALIF UNI SCH DIST                                         | IRVINE CA USD SPL TAX 19A 5.0% 09-01-30                                                    | CUSIP: 463612MN8<br>LEI: 549300BNIP4XNVC0X742 | Long             | DBT              | MUN               | US        |    215000 | PA      | $236696.30    | 0.04%             | 2030-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA HEALTH FACS FING AUTH                                  | PIH HEALTH INC REV CA 20A 5.0% 06-01-30                                                    | CUSIP: 13032UWB0<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |   1900000 | PA      | $2130929.80   | 0.33%             | 2030-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA STATE PUBLIC WORKS BOARD                               | CA PUB WKS LEASE REV 21A 5.0% 02-01-32                                                     | CUSIP: 13068L8D0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1234253.00   | 0.19%             | 2032-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| IRVINE CALIF                                                      | IRVINE CA REASSMT DIST 21-1 4.0% 09-02-28                                                  | CUSIP: 46360RF93<br>LEI: 549300PJ9FL2XGFR8J79 | Long             | DBT              | MUN               | US        |    500000 | PA      | $531692.00    | 0.08%             | 2028-09-02      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| IRVINE CALIF                                                      | IRVINE CA REASSMT DIST 21-1 BAM 4.0% 09-02-30                                              | CUSIP: 46360RG35<br>LEI: 549300PJ9FL2XGFR8J79 | Long             | DBT              | MUN               | US        |   1265000 | PA      | $1362484.70   | 0.21%             | 2030-09-02      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA SCH FIN AUTH                                           | CA SCH FIN AU KIPP LA PROJ CHARTER (144A/QIB) 17A 5.0% 07-01-27                            | CUSIP: 13059TEU9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $642594.00    | 0.10%             | 2027-07-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| CALIFORNIA SCH FIN AUTH                                           | CA SCH FIN AUTH (144A/QIB) 20A 5.0% 07-01-25                                               | CUSIP: 13059TGS2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    105000 | PA      | $109169.34    | 0.02%             | 2025-07-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| CALIFORNIA SCH FIN AUTH                                           | CA SCH FIN AUTH (144A/QIB) 20A 5.0% 07-01-26                                               | CUSIP: 13059TGT0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    110000 | PA      | $116225.23    | 0.02%             | 2026-07-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| CALIFORNIA SCH FIN AUTH                                           | CA SCH FIN AUTH (144A/QIB) 20A 5.0% 07-01-27                                               | CUSIP: 13059TGU7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $107099.00    | 0.02%             | 2027-07-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| IRVINE CALIF                                                      | IRVINE CA REASSMT DIST 21-1 4.0% 09-02-25                                                  | CUSIP: 46360RF69<br>LEI: 549300PJ9FL2XGFR8J79 | Long             | DBT              | MUN               | US        |    500000 | PA      | $515182.50    | 0.08%             | 2025-09-02      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FORMER INGLEWOOD CALIF REDEV AGY SUCCESSOR                        | INGLEWOOD REDEV TAX ALLOC CA BAM 17A 5.0% 05-01-31                                         | CUSIP: 34637QAP7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $553472.00    | 0.08%             | 2031-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| JURUPA CALIF PUB FING AUTH REV                                    | JURUPA CA PFA SPL TAX 20A BAM 5.0% 09-01-23                                                | CUSIP: 482085EJ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $760368.00    | 0.12%             | 2023-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| JURUPA CALIF UNI SCH DIST FIN AUTH                                | JURUPA CA USD FIN AUTH BAM 4.0% 09-01-31                                                   | CUSIP: 482129AK9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    375000 | PA      | $416302.50    | 0.06%             | 2031-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA SCH FIN AUTH                                           | CA SCH FIN AUTH (144A/QIB) 20A 5.0% 07-01-28                                               | CUSIP: 13059TGV5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $108437.80    | 0.02%             | 2028-07-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| CALIFORNIA SCH FIN AUTH                                           | CA SCH FIN AUTH (144A/QIB) 20A 5.0% 07-01-29                                               | CUSIP: 13059TGW3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $219045.40    | 0.03%             | 2029-07-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| CALIFORNIA SCH FIN AUTH                                           | CA SCH FIN AUTH (144A/QIB) 20A 5.0% 07-01-30                                               | CUSIP: 13059TGX1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $220792.00    | 0.03%             | 2030-07-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| CALIFORNIA SCH FIN AUTH                                           | CA SCH FIN AUTH (144A/QIB) 20A 5.0% 07-01-24                                               | CUSIP: 13059TGR4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $102361.90    | 0.02%             | 2024-07-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| CALIFORNIA STATEWIDE CMNTYS DEV AUTH                              | CA STWD HUNTINGTON MEMORIAL HOSP 14B PREREF 5.0% 07-01-26/24                               | CUSIP: 13080SDQ4<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |    200000 | PA      | $207622.60    | 0.03%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA HEALTH FACS FING AUTH                                  | CA HLTH MARSHALL MEDICAL CTR CA MTGE 5.0% 11-01-23                                         | CUSIP: 13033L6J1<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |    135000 | PA      | $137499.66    | 0.02%             | 2023-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA (STATE OF)                                             | CA ST GO 5.0% 12-01-31                                                                     | CUSIP: 13063DZU5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     85000 | PA      | $92423.39     | 0.01%             | 2031-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA (STATE OF)                                             | CA ST GO 5.0% 12-01-32                                                                     | CUSIP: 13063DZV3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     70000 | PA      | $76026.16     | 0.01%             | 2032-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA COMMUNITY CHOICE FINANCING AUTHORITY                   | CALIFORNIA COMMUNITY CHOICE FINANCING AUTHORITY (MPT) 4.0% 02-01-52                        | CUSIP: 13013JAP1<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   7475000 | PA      | $7582049.48   | 1.16%             | 2052-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA (STATE OF)                                             | CA ST GO 5.0% 10-01-29                                                                     | CUSIP: 13063DH35<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2366670.00   | 0.36%             | 2029-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA STATEWIDE CMNTYS DEV AUTH                              | CHF-IRVINE CA BAM 5.0% 05-15-29                                                            | CUSIP: 13078RHP8<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   1915000 | PA      | $2174484.42   | 0.33%             | 2029-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA STATEWIDE CMNTYS DEV AUTH                              | CHF-IRVINE CA BAM 5.0% 05-15-31                                                            | CUSIP: 13078RHR4<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3496962.00   | 0.53%             | 2031-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA STATEWIDE CMNTYS DEV AUTH                              | CHF-IRVINE CA BAM 5.0% 05-15-32                                                            | CUSIP: 13078RHS2<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   3500000 | PA      | $4063696.00   | 0.62%             | 2032-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA HOUSING FINANCE AGENCY                                 | CA HSG FIN AGY CTFS 21A 3.25% 08-20-36                                                     | CUSIP: 13033DAJ4<br>LEI: 549300BOPCVLBA552Z14 | Long             | DBT              | MUN               | US        |   1237794 | PA      | $1148099.79   | 0.18%             | 2036-08-20      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST MUNI FIN AUTH                                       | DFA WALNUT ASSOCIATES LP HUD SECT 8 (MPT) 0.45% 12-01-24                                   | CUSIP: 130483ET3<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   2935000 | PA      | $2851493.38   | 0.44%             | 2024-12-01      | Fixed         | 0.45%                 | No            |                  2 | On Loan: No      |
| CHINO COMMUNITY FACILITIES DISTRICT CALIF                         | CHINO CA CFD #2003-3 4.0% 09-01-31                                                         | CUSIP: 169511WH1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    540000 | PA      | $554341.86    | 0.08%             | 2031-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CHINO COMMUNITY FACILITIES DISTRICT CALIF                         | CHINO CA CFD #2003-3 4.0% 09-01-30                                                         | CUSIP: 169511WG3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    520000 | PA      | $533263.64    | 0.08%             | 2030-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CHINO COMMUNITY FACILITIES DISTRICT CALIF                         | CHINO CA CFD #2003-3 4.0% 09-01-29                                                         | CUSIP: 169511WF5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $514534.00    | 0.08%             | 2029-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA (STATE OF)                                             | CA ST GO 5.0% 04-01-33                                                                     | CUSIP: 13063DP77<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1539510.00   | 0.24%             | 2033-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA PUB FIN AUTH                                           | HOAG MEM HOSP/NEWPORT HEALTHCARE CA 22A 5.0% 07-15-30                                      | CUSIP: 13057EEZ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $293527.75    | 0.04%             | 2030-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA PUB FIN AUTH                                           | HOAG MEM HOSP/NEWPORT HEALTHCARE CA 22A 5.0% 07-15-28                                      | CUSIP: 13057EEX8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $284325.00    | 0.04%             | 2028-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA PUB FIN AUTH                                           | HOAG MEM HOSP/NEWPORT HEALTHCARE CA 22A 5.0% 07-15-34                                      | CUSIP: 13057EFD1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $413353.50    | 0.06%             | 2034-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA PUB FIN AUTH                                           | HOAG MEM HOSP/NEWPORT HEALTHCARE CA 22A 5.0% 07-15-33                                      | CUSIP: 13057EFC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    330000 | PA      | $393168.93    | 0.06%             | 2033-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA STATEWIDE CMNTYS DEV AUTH                              | HPD NOBLE CREEK II LP (MPT) 3.5% 08-01-25                                                  | CUSIP: 13079PYS6<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   6887000 | PA      | $6918177.45   | 1.06%             | 2025-08-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA STATEWIDE CMNTYS DEV AUTH                              | CA STWD ADVENTIST HLTH SYSTEMS WEST 15A 5.0% 03-01-25                                      | CUSIP: 13080SJB1<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |    750000 | PA      | $782859.00    | 0.12%             | 2025-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST MUNI FIN AUTH                                       | CA MFA HARBOR REGL CTR 5.0% 11-01-25                                                       | CUSIP: 13048TXX6<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    500000 | PA      | $536096.50    | 0.08%             | 2025-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA (STATE OF)                                             | CA ST PAC (100-500) GO 22CU SF 5.5% 12-01-52                                               | CUSIP: 13063DZ43<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1900000 | PA      | $2075974.20   | 0.32%             | 2052-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST DEPT VET AFFAIRS                                    | CA VETERANS HOUSING PAC (100-400) PSA 22A SF 5.5% 12-01-52                                 | CUSIP: 130658ST5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2705000 | PA      | $2960630.62   | 0.45%             | 2052-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA COMMUNITY CHOICE FINANCING AUTHORITY                   | CALIFORNIA COMMUNITY CHOICE FINANCING AUTHORITY (MPT) 5.0% 12-01-53                        | CUSIP: 13013JBL9<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   3945000 | PA      | $4214116.07   | 0.64%             | 2053-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES DEPARTMENT OF AIRPORTS LOS ANGELES INTERNATIONAL AIR  | LA CA DEPT OF ARPTS SUB 21B 5.0% 05-15-31                                                  | CUSIP: 544445TF6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    420000 | PA      | $510389.04    | 0.08%             | 2031-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LONG BEACH CALIF CMNTY COLLEGE DIST                               | LONG BEACH CA CCD GO AGM CAB 08A 0.0% 06-01-27                                             | CUSIP: 542411JF1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3865000 | PA      | $3481162.99   | 0.53%             | 2027-06-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| ORANGE CNTY CALIF CMNTY FACS DIST                                 | ORANGE CO CA CFD NO 21-1 RIENDA 22A 5.0% 08-15-33                                          | CUSIP: 68423PZF0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $553948.50    | 0.08%             | 2033-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ORANGE CNTY CALIF CMNTY FACS DIST                                 | ORANGE CO CA CFD NO 21-1 RIENDA 22A 5.0% 08-15-32                                          | CUSIP: 68423PZE3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1111022.00   | 0.17%             | 2032-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ORANGE CNTY CALIF CMNTY FACS DIST                                 | ORANGE CO CA CFD NO 21-1 RIENDA 22A 4.0% 08-15-24                                          | CUSIP: 68423PYW4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    130000 | PA      | $131809.86    | 0.02%             | 2024-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| OAKLAND CALIF UNI SCH DIST                                        | OAKLAND USD ALAMEDA CNTY CA 5.0% 08-01-24                                                  | CUSIP: 672325ZQ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1310000 | PA      | $1359248.14   | 0.21%             | 2024-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OAKLAND CALIF UNI SCH DIST                                        | OAKLAND USD ALAMEDA CNTY CA 5.0% 08-01-25                                                  | CUSIP: 672325ZR1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3195927.00   | 0.49%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OAKLAND CALIF UNI SCH DIST                                        | OAKLAND USD ALAMEDA CNTY CA 5.0% 08-01-26                                                  | CUSIP: 672325ZS9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1325000 | PA      | $1448132.25   | 0.22%             | 2026-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OAKLAND CALIF UNI SCH DIST                                        | OAKLAND USD ALAMEDA CNTY CA AGM 5.0% 08-01-26                                              | CUSIP: 672325YJ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1125000 | PA      | $1203305.63   | 0.18%             | 2026-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OXNARD CALIF FING AUTH                                            | OXNARD CA FIN AU WASTEWATER AGM 5.0% 06-01-24                                              | CUSIP: 691878BM3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $258448.00    | 0.04%             | 2024-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OXNARD CALIF                                                      | OXNARD CA WTR SYS BAM 5.0% 06-01-24                                                        | CUSIP: 692056BV5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    450000 | PA      | $465566.85    | 0.07%             | 2024-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PERRIS CALIF UN HIGH SCH DIST                                     | PERRIS CA USD SPL TAX 5.0% 09-01-24                                                        | CUSIP: 71440PBH5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1030296.00   | 0.16%             | 2024-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PLEASANT VALLEY CALIF SCH DIST                                    | PLEASANT VALLEY SCH DIST CA 18A PREREF 5.0% 08-01-29/26                                    | CUSIP: 72869BHQ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    645000 | PA      | $708592.49    | 0.11%             | 2029-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| POWAY CALIF UNI SCH DIST PUB FING AUTH                            | POWAY CA USD PFA SPL TAX 16A 5.0% 09-01-23                                                 | CUSIP: 73885QJD2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    885000 | PA      | $898211.28    | 0.14%             | 2023-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| RIVERSIDE CALIF UNI SCH DIST                                      | RIVERSIDE CA USD SPL TAX BAM 5.0% 09-01-26                                                 | CUSIP: 769066AN1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $423303.60    | 0.06%             | 2026-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| RIALTO CALIF UNI SCH DIST                                         | RIALTO CA USD 3.0% 08-01-27                                                                | CUSIP: 762494RQ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $771037.50    | 0.12%             | 2027-08-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| RIALTO CALIF UNI SCH DIST                                         | RIALTO CA USD 3.0% 08-01-26                                                                | CUSIP: 762494RP9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $615468.60    | 0.09%             | 2026-08-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| RIVERSIDE CALIF UNI SCH DIST                                      | RIVERSIDE CA USD 19B 4.0% 08-01-29                                                         | CUSIP: 769059ZJ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    850000 | PA      | $910720.60    | 0.14%             | 2029-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| RIVERSIDE COMMUNITY PROPERTIES                                    | RIVERSIDE CNTY CA PREREF SF 6.0% 10-15-38/23                                               | CUSIP: 768870AN7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2585000 | PA      | $2651165.66   | 0.41%             | 2038-10-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| RIVERSIDE CNTY CALIF                                              | RIVERSIDE CNTY CA TRANS 5.0% 06-30-23                                                      | CUSIP: 769110CW5<br>LEI: 254900CB5HEOBAVTY629 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5054385.00   | 0.77%             | 2023-06-30      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| RIVER ISLANDS PUB FING AUTH CALIF                                 | RIVER ISLANDS PFA CFD NO 2003-1 AGM 22A-1 5.0% 09-01-28                                    | CUSIP: 76827QGD9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $565931.00    | 0.09%             | 2028-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| REDDING JOINT POWERS FINANCING AUTHORITY                          | REDDING CA JT PWRS ELEC REV 15A 5.0% 06-01-24                                              | CUSIP: 75728LBA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     15000 | PA      | $15510.89     | 0.00%             | 2024-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| RANCHO CUCAMONGA CALIF REDEV AGY                                  | RANCHO CUCAMONGA CA REDEV TAL AGM 5.0% 09-01-26                                            | CUSIP: 75212CAN9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $625070.40    | 0.10%             | 2026-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ROSEVILLE CALIF                                                   | ROSEVILLE CA WESTPARK CFD #1 5.0% 09-01-24                                                 | CUSIP: 777870VN3<br>LEI: 549300OH100KESVPND17 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1030452.00   | 0.16%             | 2024-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| RIVERSIDE CNTY CALIF PUB FING AUTH                                | RIVERSIDE CA TAL HEMET REF BAM 5.0% 09-01-23                                               | CUSIP: 76912THL0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $507144.50    | 0.08%             | 2023-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SWEETWATER CALIF UN HIGH SCH DIST                                 | SWEETWATER CA UHSD 16B 4.0% 08-01-26                                                       | CUSIP: 870462SQ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    515000 | PA      | $537630.65    | 0.08%             | 2026-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SACRAMENTO CALIF CITY UNI SCH DIST                                | SACRAMENTO CA USD 17E 5.0% 08-01-27                                                        | CUSIP: 785870XK7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    555000 | PA      | $617208.29    | 0.09%             | 2027-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SAN JACINTO CALIF UNI SCH DIST                                    | SAN JACINTO USD SPL TAX 5.0% 09-01-26                                                      | CUSIP: 797860BC6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    155000 | PA      | $164138.49    | 0.03%             | 2026-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SAN JACINTO CALIF UNI SCH DIST                                    | SAN JACINTO USD SPL TAX 5.0% 09-01-25                                                      | CUSIP: 797860BB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     90000 | PA      | $93834.90     | 0.01%             | 2025-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SAN JACINTO CALIF UNI SCH DIST                                    | SAN JACINTO USD SPL TAX 5.0% 09-01-23                                                      | CUSIP: 797860AZ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     40000 | PA      | $40411.68     | 0.01%             | 2023-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SAN JACINTO CALIF UNI SCH DIST                                    | SAN JACINTO USD SPL TAX 5.0% 09-01-24                                                      | CUSIP: 797860BA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     65000 | PA      | $66665.17     | 0.01%             | 2024-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| STANISLAUS CALIF UN SCH DIST                                      | STANISLAUS USD CA GO BAM 5.0% 08-01-25                                                     | CUSIP: 854437HX1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $531777.00    | 0.08%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SACRAMENTO MUNICIPAL UTILITY DIS                                  | SACRAMENTO MUNICIPAL UTILITY DISTRICT (MPT) 5.0% 08-15-49                                  | CUSIP: 786005ZV3<br>LEI: E3GSVR6ZOU1MX2V7HF33 | Long             | DBT              | MUN               | US        |   3580000 | PA      | $3596092.10   | 0.55%             | 2049-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SILICON VALLEY CLEAN WATER                                        | SILICON VALLEY CLEAN WTR CA 19A 3.0% 03-01-24                                              | CUSIP: 82707BDG1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4065000 | PA      | $4080743.75   | 0.62%             | 2024-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| SACRAMENTO CALIF CITY UNI SCH DIST                                | SACRAMENTO CA USD AGM 5.0% 07-01-30                                                        | CUSIP: 785870VD5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1033439.00   | 0.16%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SIGNAL HILL CALIF REDEV AGY                                       | SIGNAL HILL CA REDEV AGY TAL BAM REF 15A 5.0% 10-01-23                                     | CUSIP: 82664PAJ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $508257.00    | 0.08%             | 2023-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CALIF DEPARTMENT OF WATER & POWER                     | LA CA DWP POWER SYS REV 18D 5.0% 07-01-33                                                  | CUSIP: 5444955V2<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |    685000 | PA      | $785756.65    | 0.12%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| METROPOLITAN WATER DISTRICT OF SOUTHERN CALIFORNIA                | MET WTR REV DIST SO CA 19A 5.0% 07-01-27                                                   | CUSIP: 59266TQY0<br>LEI: 5493003GD0S0P56RLT45 | Long             | DBT              | MUN               | US        |    550000 | PA      | $619131.70    | 0.09%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MURRIETA VY CALIF UNI SCH DIST                                    | MURRIETA VALLEY CA USD 4.0% 09-01-23                                                       | CUSIP: 626905NH2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    335000 | PA      | $338218.01    | 0.05%             | 2023-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MADERA CALIF UNI SCH DIST                                         | MADERA UNIFIED SCHOOL DISTRICT AGM 0.0% 08-01-29                                           | CUSIP: 556452DB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    585000 | PA      | $487854.90    | 0.07%             | 2029-08-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| MOUNTAIN VIEW CALIF SCH DIST                                      | MOUNTAIN VIEW SCH DIST CA AGM 21A 4.0% 08-01-23                                            | CUSIP: 624403JL6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1290000 | PA      | $1300310.97   | 0.20%             | 2023-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MISSOURI ST HSG DEV COMMN                                         | MO ST HSG SFM 15A PAC 100-300% GN/FN SF 3.75% 05-01-38                                     | CUSIP: 60637BGC8<br>LEI: 5493007FBL7WCV3NKY25 | Long             | DBT              | MUN               | US        |     60000 | PA      | $60091.26     | 0.01%             | 2038-05-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| MERCED CALIF UN HIGH SCH DIST                                     | MERCED USD CA CABS 11C 0.0% 08-01-33                                                       | CUSIP: 587635EU3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    615000 | PA      | $444587.81    | 0.07%             | 2033-08-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| MOUNTAIN VIEW LOS ALTOS CALIF UN HIGH SCH DIST                    | MT VIEW LOS ALTOS CA UHSD GO 22C 4.0% 08-01-31                                             | CUSIP: 624454MW1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2465000 | PA      | $2824700.20   | 0.43%             | 2031-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MURRIETA VY CALIF UNI SCH DIST PUB FING AUTH                      | MURRIETA VALLEY CA USD SPL TAX 16A 5.0% 09-01-30                                           | CUSIP: 62719TCB2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    525000 | PA      | $556863.30    | 0.09%             | 2030-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MONTEBELLO CALIF UNI SCH DIST                                     | MONTEBELLO CA USD 5.0% 08-01-28                                                            | CUSIP: 612289RH3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1545000 | PA      | $1619299.05   | 0.25%             | 2028-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MORENO VY CALIF UNI SCH DIST FING AUTH                            | MORENO VALLEY USD CA 5.0% 09-01-30                                                         | CUSIP: 61687LBN4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    425000 | PA      | $454967.18    | 0.07%             | 2030-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NAPA VALLEY CALIF CMNTY COLLEGE DIST                              | NAPA VALLEY CA CCD CAB 4.0% 08-01-33                                                       | CUSIP: 630360EW1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2190000 | PA      | $2294011.86   | 0.35%             | 2033-08-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| NAPA VALLEY CALIF UNI SCH DIST                                    | NAPA VLY CA USD AGM 19C 4.0% 08-01-34                                                      | CUSIP: 630362DV0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1030000 | PA      | $1075333.39   | 0.16%             | 2034-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NEWPORT-MESA CALIF UNI SCH DIST                                   | NEWPORT MESA UNIFIED SCHOOL DISTRICT NATL 0.0% 08-01-31                                    | CUSIP: 652113UQ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $790257.00    | 0.12%             | 2031-08-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| NORTHERN CALIF ENERGY AUTH                                        | NORTHERN CALIFORNIA ENERGY AUTHORITY (MPT) 4.0% 07-01-49                                   | CUSIP: 664840AD7<br>LEI: 5493001ZIJGWU7HYLH34 | Long             | DBT              | MUN               | US        |   5250000 | PA      | $5281935.75   | 0.81%             | 2049-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ORANGE CNTY CALIF WTR DIST                                        | ORANGE CNTY CA WTR DIST 19A 2.0% 08-15-23                                                  | CUSIP: 684421FB1<br>LEI: 549300KBQTX6CMJ3U708 | Long             | DBT              | MUN               | US        |   2825000 | PA      | $2819440.40   | 0.43%             | 2023-08-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| OAKLAND CALIF UNI SCH DIST                                        | OAKLAND USD ALAMEDA CNTY CA AGM 19A 4.0% 08-01-34                                          | CUSIP: 672325H67<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2107388.00   | 0.32%             | 2034-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| OAKLAND CALIF UNI SCH DIST                                        | OAKLAND USD ALAMEDA CNTY CA AGM 19A 5.0% 08-01-28                                          | CUSIP: 672325G84<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1121273.00   | 0.17%             | 2028-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OAK PARK UNIFIED SCHOOL DISTRICT                                  | OAK PARK CA USD 09B AGM 0.0% 08-01-29                                                      | CUSIP: 671556GP7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    605000 | PA      | $498113.44    | 0.08%             | 2029-08-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| SAN DIEGO REG AIRPORT                                             | SAN DIEGO CA REGL AIRPORT SUB 19A 5.0% 07-01-27                                            | CUSIP: 79739GKR6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $447941.60    | 0.07%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TURLOCK IRRIGATION DISTRICT                                       | TURLOCK CA IRR DIST 5.0% 01-01-31                                                          | CUSIP: 900190KV0<br>LEI: 5493001J7IGC81HEQJ12 | Long             | DBT              | MUN               | US        |   1600000 | PA      | $1889966.40   | 0.29%             | 2031-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TRACY CALIF CMNTY DEV AGY                                         | TRACY CMNTY DEV AGY TAL AGM 5.0% 08-01-30                                                  | CUSIP: 892372AQ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    545000 | PA      | $578716.43    | 0.09%             | 2030-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TUSTIN CALIF CMNTY FACS DIST                                      | TUSTIN CA CFD 06-1 SPL TAX 15A 5.0% 09-01-24                                               | CUSIP: 901047FR6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    860000 | PA      | $890642.66    | 0.14%             | 2024-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TWIN RIVERS CALIF UNI SCH                                         | TWIN RIVERS USD CA AGM 16B 5.0% 08-01-24                                                   | CUSIP: 90171TBV1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $414020.40    | 0.06%             | 2024-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UNIVERSITY OF CALIFORNIA                                          | UNIV OF CA 22S 5.0% 05-15-31                                                               | CUSIP: 91412HLS0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1150000 | PA      | $1399441.90   | 0.21%             | 2031-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UNIVERSITY CALIF REGTS MEDICAL CENTER POOLED REV                  | REGENTS OF THE UNIVERSITY OF CALIFORNIA MEDICAL CENTER POOLED REVENUE FRN 05-15-45         | CUSIP: 913366KA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2000000.00   | 0.31%             | 2045-05-15      | Variable      | 0.45%                 | No            |                  2 | On Loan: No      |
| UNIVERSITY OF CALIFORNIA                                          | UNIVERSITY OF CALIFORNIA 5.0% 05-15-32                                                     | CUSIP: 91412HNN9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3730071.00   | 0.57%             | 2032-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UNIVERSITY OF CALIFORNIA                                          | UNIVERSITY OF CALIFORNIA 5.0% 05-15-31                                                     | CUSIP: 91412HNM1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $917385.75    | 0.14%             | 2031-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UNION CITY CALIF CMNTY REDEV AGY                                  | UNION CITY CA RDA TAL 15A 5.0% 10-01-23                                                    | CUSIP: 90566AAH7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    375000 | PA      | $381317.63    | 0.06%             | 2023-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UNIVERSITY CALIF REGTS MEDICAL CENTER POOLED REV                  | REGENTS OF THE UNIVERSITY OF CALIFORNIA MEDICAL CENTER POOLED REVENUE FRN 05-15-32         | CUSIP: 913366AW0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2500000.00   | 0.38%             | 2032-05-15      | Variable      | 0.45%                 | No            |                  2 | On Loan: No      |
| UNIVERSITY OF CALIFORNIA                                          | UNIVERSITY OF CALIFORNIA FRN 05-15-48                                                      | CUSIP: 91412GSJ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6850000 | PA      | $6850000.00   | 1.05%             | 2048-05-15      | Variable      | 0.36%                 | No            |                  2 | On Loan: No      |
| WHITTIER CALIF CITY SCHOOL DISTRICT                               | WHITTIER CA SCH DIST 4.0% 08-01-30                                                         | CUSIP: 966765PS2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    825000 | PA      | $870540.00    | 0.13%             | 2030-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST MUNI FIN AUTH                                       | CHEVRON CORP FRN 06-01-25                                                                  | CUSIP: 13048PAA9<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   2200000 | PA      | $2200000.00   | 0.34%             | 2025-06-01      | Variable      | 0.76%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA STATEWIDE CMNTYS DEV AUTH                              | CHEVRON USA INC FRN 05-15-24                                                               | CUSIP: 13078HAA0<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   2435000 | PA      | $2435000.00   | 0.37%             | 2024-05-15      | Variable      | 0.76%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST MUNI FIN AUTH                                       | CHEVRON USA INC FRN 11-01-35                                                               | CUSIP: 13048TGU1<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   9900000 | PA      | $9900000.00   | 1.51%             | 2035-11-01      | Variable      | 0.65%                 | No            |                  2 | On Loan: No      |
| IRVINE RANCH CALIF WTR DIST                                       | IRVINE RANCH WATER DISTRICT FRN 04-01-33                                                   | CUSIP: 4636323W7<br>LEI: 2ZRS7W19IBMY48SFBI68 | Long             | DBT              | MUN               | US        |  17400000 | PA      | $17400000.00  | 2.66%             | 2033-04-01      | Variable      | 0.50%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CALIF DEPARTMENT OF WATER & POWER                     | LOS ANGELES DEPARTMENT OF WATER & POWER POWER SYSTEM REVENUE FRN 07-01-35                  | CUSIP: 544495DU5<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2000000.00   | 0.31%             | 2035-07-01      | Variable      | 0.51%                 | No            |                  2 | On Loan: No      |
| CME CHICAGO MERCANTILE EXCHANGE                                   | UST 10YR FUT ULTRA UXYH3 03-22-23                                                          | CUSIP: N/A<br>LEI: SNZ2OJLFK8MNNCLQOF39       | N/A              | DIR              | CORP              | US        |        66 | NC      | $-30817.03    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| CME CHICAGO MERCANTILE EXCHANGE                                   | UST 5YR FUT FVH3 03-31-23                                                                  | CUSIP: N/A<br>LEI: SNZ2OJLFK8MNNCLQOF39       | N/A              | DIR              | CORP              | US        |       859 | NC      | $919059.05    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| CALIFORNIA STATEWIDE CMNTYS DEV AUTH                              | HT TERRACE RENEWAL LP (MPT) 0.24% 04-01-24                                                 | CUSIP: 13079PYP2<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   7000000 | PA      | $6957321.00   | 1.06%             | 2024-04-01      | Fixed         | 0.24%                 | No            |                  2 | On Loan: No      |
| IRVINE CALIF                                                      | IRVINE CA REASSMT DIST 19-1 5.0% 09-02-24                                                  | CUSIP: 46360RD20<br>LEI: 549300PJ9FL2XGFR8J79 | Long             | DBT              | MUN               | US        |    210000 | PA      | $217364.49    | 0.03%             | 2024-09-02      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SACRAMENTO CALIF CITY UNI SCH DIST                                | SACRAMENTO CA USD BAM 19D 4.0% 08-01-27                                                    | CUSIP: 785870ZD1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    585000 | PA      | $624953.75    | 0.10%             | 2027-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SACRAMENTO CALIF CITY UNI SCH DIST                                | SACRAMENTO CA USD BAM 19D 4.0% 08-01-28                                                    | CUSIP: 785870ZE9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    610000 | PA      | $655648.13    | 0.10%             | 2028-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SACRAMENTO CALIF CITY UNI SCH DIST                                | SACRAMENTO CA USD BAM 19D 4.0% 08-01-29                                                    | CUSIP: 785870ZF6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    635000 | PA      | $687903.76    | 0.11%             | 2029-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SAN DIEGO CNTY CALIF                                              | SAN DIEGO CNTY CA SPL TAX 20A 4.0% 09-01-26                                                | CUSIP: 79743ABD4<br>LEI: 254900MKIGRAYVDUZ926 | Long             | DBT              | MUN               | US        |    255000 | PA      | $260873.42    | 0.04%             | 2026-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SAN DIEGO COUNTY REGIONAL TRANSPORTATION COMMISSION               | SAN DIEGO CO CA REGL TRANS SALES TAX GREEN BOND 20A 5.0% 04-01-28                          | CUSIP: 797400LX4<br>LEI: W4FR340A6EQ2SSI17B56 | Long             | DBT              | MUN               | US        |    850000 | PA      | $975229.65    | 0.15%             | 2028-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SOUTH PLACER WASTEWATER AUTH CALIF                                | ROSEVILLE WSTWTR CA 5.0% 11-01-31                                                          | CUSIP: 839423CQ1<br>LEI: 549300FGO2EDNXECW829 | Long             | DBT              | MUN               | US        |   2885000 | PA      | $3473508.27   | 0.53%             | 2031-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CALIFORNIA PUBLIC POWER AUTHORITY                        | SCPPA CA MAGNOLIA PWR PROJ 20A-2 5.0% 07-01-27                                             | CUSIP: 842475L60<br>LEI: 5493003B5TD5FWUKMD34 | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1239751.70   | 0.19%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SAN DIEGO CALIF PUB FACS FING AUTH                                | SAN DIEGO CA PUB FACS WTR REV 20A 5.0% 08-01-29                                            | CUSIP: 79730CKB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $586325.50    | 0.09%             | 2029-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SAN FRANCISCO CALIF UNIFIED SCHOOL DIST                           | SF CA USD GO 20B 4.0% 06-15-29                                                             | CUSIP: 79771TNE3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1091448.00   | 0.17%             | 2029-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SAN DIEGO REG AIRPORT                                             | SAN DIEGO CA REGL AIRPORT SUB 20A 5.0% 07-01-29                                            | CUSIP: 79739GHC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1167412.00   | 0.18%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SANTA MONICA-MALIBU UNI SCH DIST CALIF                            | SANTA MONICA-MALIBU USD CA IMPT 21B 4.0% 08-01-25                                          | CUSIP: 802498WR2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    405000 | PA      | $423483.39    | 0.06%             | 2025-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| IRVINE CALIF UNI SCH DIST                                         | IRVINE CA USD SPL TAX 19A 5.0% 09-01-27                                                    | CUSIP: 463612MK4<br>LEI: 549300BNIP4XNVC0X742 | Long             | DBT              | MUN               | US        |    140000 | PA      | $152037.62    | 0.02%             | 2027-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| IRVINE CALIF UNI SCH DIST                                         | IRVINE CA USD SPL TAX 19A 5.0% 09-01-28                                                    | CUSIP: 463612ML2<br>LEI: 549300BNIP4XNVC0X742 | Long             | DBT              | MUN               | US        |    350000 | PA      | $385212.10    | 0.06%             | 2028-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CALIF UNI SCH DIST                                    | LA CA USD GO 20A 4.0% 07-01-32                                                             | CUSIP: 544647EB2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1395000 | PA      | $1554261.57   | 0.24%             | 2032-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CNTY CALIF MET TRANSN AUTH                            | LA CO CA MTA SALES TAX REV 21A 4.0% 06-01-36                                               | CUSIP: 54466HLR5<br>LEI: 54930051IHTXE1N9RB42 | Long             | DBT              | MUN               | US        |   3450000 | PA      | $3741352.50   | 0.57%             | 2036-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CNTY CA DEV AUTH                                      | CATALINA TSA HOUSING LP (MPT) 0.3% 02-01-25                                                | CUSIP: 54467WAD4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1295000 | PA      | $1249107.79   | 0.19%             | 2025-02-01      | Fixed         | 0.30%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CALIF DEPARTMENT OF WATER & POWER                     | LA DEP OF WTR & PWR 21C 5.0% 07-01-33                                                      | CUSIP: 544532CZ5<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1820935.50   | 0.28%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CALIF DEPARTMENT OF WATER & POWER                     | LA DEP OF WTR & PWR 22A 5.0% 07-01-30                                                      | CUSIP: 544532DP6<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |    775000 | PA      | $934375.65    | 0.14%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CNTY CA DEV AUTH                                      | MERCY HOUSING CALIFORNIA 95 LP HUD SECT 8 (MPT) 2.0% 02-01-26                              | CUSIP: 54465JAB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3350000 | PA      | $3237172.00   | 0.49%             | 2026-02-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CALIF DEPARTMENT OF WATER & POWER                     | LA CA DWP POWER SYS REV 22B 5.0% 07-01-33                                                  | CUSIP: 544532EL4<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |   1345000 | PA      | $1663586.12   | 0.25%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CALIF DEPARTMENT OF WATER & POWER                     | LA CA DWP POWER SYS REV 22B 5.0% 07-01-32                                                  | CUSIP: 544532EK6<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |    870000 | PA      | $1084271.43   | 0.17%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CNTY CALIF PUB WKS FING AUTH                          | LA CO CA PUB WKS LEASE REV 16D 5.0% 12-01-27                                               | CUSIP: 54473ESJ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1623438.00   | 0.25%             | 2027-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CALIF                                                 | LA CA TRANS 4.0% 06-29-23                                                                  | CUSIP: 544351QM4<br>LEI: 549300E7TO710PTXPJ65 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3020100.00   | 0.46%             | 2023-06-29      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| COUNTY OF LOS ANGELES CA COMMUNITY FACILITIES DISTRICT NO 2021-01 | LOS ANGELES CNTY CA CFD 2021-01 5.0% 09-01-27                                              | CUSIP: 54531MAE6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $108687.70    | 0.02%             | 2027-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COUNTY OF LOS ANGELES CA COMMUNITY FACILITIES DISTRICT NO 2021-01 | LOS ANGELES CNTY CA CFD 2021-01 5.0% 09-01-33                                              | CUSIP: 54531MAL0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    170000 | PA      | $187862.07    | 0.03%             | 2033-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COUNTY OF LOS ANGELES CA COMMUNITY FACILITIES DISTRICT NO 2021-01 | LOS ANGELES CNTY CA CFD 2021-01 5.0% 09-01-32                                              | CUSIP: 54531MAK2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    175000 | PA      | $194163.55    | 0.03%             | 2032-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COUNTY OF LOS ANGELES CA COMMUNITY FACILITIES DISTRICT NO 2021-01 | LOS ANGELES CNTY CA CFD 2021-01 5.0% 09-01-31                                              | CUSIP: 54531MAJ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    225000 | PA      | $250412.85    | 0.04%             | 2031-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LOS ALTOS CALIF SCH DIST                                          | LOS ALTOS CA ELEM SD 19A-1 4.0% 08-01-29                                                   | CUSIP: 544290HM4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1081151.00   | 0.17%             | 2029-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CALIF UNI SCH DIST                                    | LA CA USD GO 22QRR 5.0% 07-01-27                                                           | CUSIP: 544647FM7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2170000 | PA      | $2445691.99   | 0.37%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CALIF UNI SCH DIST                                    | LOS ANGELES UNIFIED SCHOOL DISTRICT BAM-TCRS 5.0% 07-01-36                                 | CUSIP: 544647AH3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1109002.00   | 0.17%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LOS RIOS CALIF CMNTY COLLEGE DIST                                 | LOS RIOS COMMUNITY COLLEGE DISTRICT 3.0% 08-01-34                                          | CUSIP: 545624RX8<br>LEI: 549300POMNL5W7FEFO13 | Long             | DBT              | MUN               | US        |   2750000 | PA      | $2752695.00   | 0.42%             | 2034-08-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CALIF DEPARTMENT OF WATER & POWER                     | LA DEP OF WTR & PWR 18B 5.0% 07-01-25                                                      | CUSIP: 5444954Y7<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |   1875000 | PA      | $1998232.50   | 0.31%             | 2025-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LA HABRA CALIF CITY SCH DIST                                      | LA HABRA CITY SCHOOL DISTRICT AGM 0.0% 08-01-26                                            | CUSIP: 503426PM4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1010000 | PA      | $920608.94    | 0.14%             | 2026-08-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CALIF DEPARTMENT OF WATER & POWER                     | LOS ANGELES DEPARTMENT OF WATER & POWER POWER SYSTEM REVENUE 5.0% 07-01-24                 | CUSIP: 5444955L4<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |    535000 | PA      | $555999.29    | 0.08%             | 2024-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CALIF DEPARTMENT OF WATER & POWER                     | LA CA DWP ELEC 18D 5.0% 07-01-25                                                           | CUSIP: 5444955M2<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |    500000 | PA      | $534013.50    | 0.08%             | 2025-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW HAVEN CALIF UNI SCH DIST                                      | NEW HAVEN CA USD CAB AGC 08C 0.0% 08-01-30                                                 | CUSIP: 645002WN2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5075000 | PA      | $4091277.23   | 0.63%             | 2030-08-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| ORANGE CNTY CALIF CMNTY FACS DIST                                 | ORANGE CO CA CFD ESENCIA VLG SPL TAX 16-1 A 5.0% 08-15-26                                  | CUSIP: 68423PWN6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    570000 | PA      | $607918.68    | 0.09%             | 2026-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ORANGE COUNTY TRANSPORTATION AUTHORITY                            | ORANGE CNTY CA TRANS AUTH BANS ETM 5.0% 10-15-24                                           | CUSIP: 68441VAA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2088776.00   | 0.32%             | 2024-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ORANGE CNTY CALIF SANTN DIST                                      | ORANGE CO CA SANI DIST COPS 22A 5.0% 02-01-33                                              | CUSIP: 68428TDV6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3490000 | PA      | $4221256.21   | 0.64%             | 2033-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ORANGE CNTY CALIF CMNTY FACS DIST                                 | ORANGE CO CA CFD NO 21-1 RIENDA 22A 5.0% 08-15-31                                          | CUSIP: 68423PZD5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1025000 | PA      | $1141946.35   | 0.17%             | 2031-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ORANGE CNTY CA ARPT REVENUE                                       | COUNTY OF ORANGE CA AIRPORT REVENUE 5.0% 07-01-25                                          | CUSIP: 684212FS7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1064131.00   | 0.16%             | 2025-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ORANGE CNTY CA ARPT REVENUE                                       | COUNTY OF ORANGE CA AIRPORT REVENUE 5.0% 07-01-25                                          | CUSIP: 684212GD9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1065000 | PA      | $1133299.52   | 0.17%             | 2025-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PERRIS CALIF UN HIGH SCH DIST                                     | PERRIS CA USD SPL TAX 5.0% 09-01-32                                                        | CUSIP: 71440PBR3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2675000 | PA      | $2766236.23   | 0.42%             | 2032-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| RIVER ISLANDS PUB FING AUTH CALIF                                 | RIVER ISLANDS PFA CFD NO 2003-1 AGM 22A-1 5.0% 09-01-29                                    | CUSIP: 76827QGE7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $575037.50    | 0.09%             | 2029-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ROSEVILLE CALIF JT UN HIGH SCH DIST                               | ROSEVILLE JOINT UNION HIGH SCHOOL DISTRICT CA 7C 0.0% 08-01-25                             | CUSIP: 777849MD9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $657851.60    | 0.10%             | 2025-08-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| ROSEVILLE CALIF                                                   | ROSEVILLE CA WESTPARK CFD #1 5.0% 09-01-32                                                 | CUSIP: 777870VY9<br>LEI: 549300OH100KESVPND17 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2085958.00   | 0.32%             | 2032-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| RIVERSIDE CALIF CMNTY COLLEGE DIST                                | RIVERSIDE COMMUNITY COLLEGE DISTRICT 3.0% 08-01-34                                         | CUSIP: 76886PHJ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    580000 | PA      | $580264.48    | 0.09%             | 2034-08-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| RIVERSIDE CNTY CALIF PUB FING AUTH                                | RIVERSIDE CA TAX ALLOC 15A AGM 5.0% 10-01-23                                               | CUSIP: 76912TJM6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1075000 | PA      | $1092538.63   | 0.17%             | 2023-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| RIO CALIF ELEM SCH DIST CMNTY FACS DIST                           | RIO CA ELEM SD CFD 2016 SPL TAX BAM 5.0% 09-01-32                                          | CUSIP: 767027DB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    240000 | PA      | $260430.48    | 0.04%             | 2032-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| RICHMOND CA CRA                                                   | RICHMOND CA CMTY REDEV TAL BAM 14A 5.0% 09-01-25                                           | CUSIP: 86460EBJ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $207812.00    | 0.03%             | 2025-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| RANCHO CUCAMONGA CALIF REDEV AGY                                  | RANCHO CUCAMONGA CA REDEV TAL AGM 5.0% 09-01-28                                            | CUSIP: 75212CAQ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $312607.80    | 0.05%             | 2028-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PERRIS CALIF UN HIGH SCH DIST                                     | PERRIS UNION CA HSD GO 21C 4.0% 09-01-31                                                   | CUSIP: 714398KR4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $384882.40    | 0.06%             | 2031-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PERRIS CALIF UN HIGH SCH DIST                                     | PERRIS UNION CA HSD GO 21C 4.0% 09-01-29                                                   | CUSIP: 714398KP8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $220393.00    | 0.03%             | 2029-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PERRIS CALIF UN HIGH SCH DIST                                     | PERRIS UNION CA HSD GO 21C 4.0% 09-01-30                                                   | CUSIP: 714398KQ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    215000 | PA      | $236652.65    | 0.04%             | 2030-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PALOMAR HEALTH CALIF                                              | PALOMAR HEALTH CA GO 16A 5.0% 08-01-26                                                     | CUSIP: 697527AK5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    630000 | PA      | $680817.69    | 0.10%             | 2026-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PARAMOUNT CALIF UNI SCH DIST                                      | PARAMOUNT USD CA CAB AGM 01B 0.0% 09-01-25                                                 | CUSIP: 699211FH6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2805696.00   | 0.43%             | 2025-09-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| PENINSULA CORRIDOR JT PWRS BRD CALIF                              | PENINSULA CORRIDOR JOINT POWERS BOARD CA 19A 5.0% 10-01-28                                 | CUSIP: 707120CC3<br>LEI: 549300EWZ3063STMF882 | Long             | DBT              | MUN               | US        |    285000 | PA      | $323090.82    | 0.05%             | 2028-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PENINSULA CORRIDOR JT PWRS BRD CALIF                              | PENINSULA CORRIDOR JOINT POWERS BOARD CA 19A 5.0% 10-01-26                                 | CUSIP: 707120CA7<br>LEI: 549300EWZ3063STMF882 | Long             | DBT              | MUN               | US        |    250000 | PA      | $272198.00    | 0.04%             | 2026-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PENINSULA CORRIDOR JT PWRS BRD CALIF                              | PENINSULA CORRIDOR JOINT POWERS BOARD CA 19A 5.0% 10-01-27                                 | CUSIP: 707120CB5<br>LEI: 549300EWZ3063STMF882 | Long             | DBT              | MUN               | US        |    200000 | PA      | $222468.00    | 0.03%             | 2027-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ANTELOPE VLY CA CCD                                               | ANTELOPE VLY CA CCD PREREF 0.0% 08-01-36/02-15-25                                          | CUSIP: 03667PER9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2800000 | PA      | $1630966.40   | 0.25%             | 2036-08-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| ANTELOPE VLY CA CCD                                               | ANTELOPE VLY CA CCD PREREF 0.0% 08-01-35/02-15-25                                          | CUSIP: 03667PEQ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2300000 | PA      | $1400953.00   | 0.21%             | 2035-08-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| ANTELOPE VLY CA CCD                                               | ANTELOPE VLY CA CCD CABS 22C 0.0% 08-01-29                                                 | CUSIP: 03667PJC7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $841997.00    | 0.13%             | 2029-08-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| ABAG CA FIN AUTH EPISCOPAL SR CMTY                                | ABAG FIN AUTH CA ESKATON PROPERTIES INC 5.0% 11-15-23                                      | CUSIP: 00037CUP3<br>LEI: 549300EWVCCTI6O2KU84 | Long             | DBT              | MUN               | US        |    500000 | PA      | $504111.00    | 0.08%             | 2023-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ALHAMBRA CALIF                                                    | ALHAMBRA CA ATHERTON CA MTG 5.0% 01-01-27                                                  | CUSIP: 016021BB2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    630000 | PA      | $680153.67    | 0.10%             | 2027-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ABAG CA FIN AUTH EPISCOPAL SR CMTY                                | ABAG WINDEMERE RANCH CFD 14A 5.0% 09-02-23                                                 | CUSIP: 00037CVY3<br>LEI: 549300EWVCCTI6O2KU84 | Long             | DBT              | MUN               | US        |    370000 | PA      | $375484.51    | 0.06%             | 2023-09-02      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ABAG CA FIN AUTH EPISCOPAL SR CMTY                                | ABAG WINDEMERE RANCH CFD 14A 5.0% 09-02-24                                                 | CUSIP: 00037CVZ0<br>LEI: 549300EWVCCTI6O2KU84 | Long             | DBT              | MUN               | US        |    395000 | PA      | $411038.98    | 0.06%             | 2024-09-02      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ABAG CA FIN AUTH EPISCOPAL SR CMTY                                | ABAG WINDEMERE RANCH CFD 14A 5.0% 09-02-25                                                 | CUSIP: 00037CWA4<br>LEI: 549300EWVCCTI6O2KU84 | Long             | DBT              | MUN               | US        |    510000 | PA      | $530708.55    | 0.08%             | 2025-09-02      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ALAMEDA CORRIDOR TRANSN AUTH CALIF                                | ALAMEDA CA CORRIDOR TRANS 16A SUB LIEN 5.0% 10-01-24                                       | CUSIP: 010869GW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $621548.40    | 0.09%             | 2024-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BAY AREA TOLL AUTHORITY                                           | BAY AREA TOLL AUTHORITY (MPT) FRN 04-01-56                                                 | CUSIP: 072024XT4<br>LEI: 5493001FUZGUQMIP5D78 | Long             | DBT              | MUN               | US        |   1895000 | PA      | $1843097.85   | 0.28%             | 2056-04-01      | Variable      | 1.96%                 | No            |                  2 | On Loan: No      |
| BAY AREA TOLL AUTHORITY                                           | BAY AREA TOLL AUTHORITY (MPT) FRN 04-01-36                                                 | CUSIP: 072024ST0<br>LEI: 5493001FUZGUQMIP5D78 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1008464.00   | 0.15%             | 2036-04-01      | Variable      | 2.91%                 | No            |                  2 | On Loan: No      |
| BAY AREA TOLL AUTHORITY                                           | BAY AREA TOLL AUTHORITY (MPT) FRN 04-01-45                                                 | CUSIP: 072024SR4<br>LEI: 5493001FUZGUQMIP5D78 | Long             | DBT              | MUN               | US        |   4275000 | PA      | $4298281.65   | 0.66%             | 2045-04-01      | Variable      | 2.76%                 | No            |                  2 | On Loan: No      |
| BAY AREA CALIF WTR SPPLY & CONSERVATION                           | BAY AREA CA WTR SUPPLY & CONSERVATION 13A 5.0% 10-01-23                                    | CUSIP: 072031BB2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $502138.50    | 0.08%             | 2023-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BAY AREA TOLL AUTHORITY                                           | BAY AREA TOLL AUTH TOLL BRIDGE REV 13S-4 PREREF SF 5.0% 04-01-43/23                        | CUSIP: 072024TF9<br>LEI: 5493001FUZGUQMIP5D78 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1004493.00   | 0.15%             | 2043-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BAY AREA TOLL AUTHORITY                                           | BAY AREA TOLL AUTH SAN FRAN CA 5.0% 04-01-24                                               | CUSIP: 072024UX8<br>LEI: 5493001FUZGUQMIP5D78 | Long             | DBT              | MUN               | US        |   1275000 | PA      | $1313743.43   | 0.20%             | 2024-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BAY AREA TOLL AUTHORITY                                           | BAY AREA TOLL AUTH SAN FRAN CA 17S-7 4.0% 04-01-31                                         | CUSIP: 072024VE9<br>LEI: 5493001FUZGUQMIP5D78 | Long             | DBT              | MUN               | US        |   2040000 | PA      | $2179152.48   | 0.33%             | 2031-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BEAUMONT PUBLIC IMPROVEMENT AUTHORITY                             | BEAUMONT CA WASTEWATER AGM 18A 5.0% 09-01-26                                               | CUSIP: 074428AH6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $548089.50    | 0.08%             | 2026-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COMPTON COMMUNITY COLLEGE DISTRICT                                | COMPTON CA CCD BAM PREREF 5.0% 08-01-29/25                                                 | CUSIP: 204709GF0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1068074.00   | 0.16%             | 2029-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA EDUCATIONAL FACILITIES AUTHORITY                       | STANFORD UNIV CA ED 09T-5 5.0% 03-15-23                                                    | CUSIP: 130178TQ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1290000 | PA      | $1294516.29   | 0.20%             | 2023-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA SCH FIN AUTH                                           | KIPP SOCAL PUBLIC SCHOOLS CA (144A/QIB) 19A 5.0% 07-01-27                                  | CUSIP: 13059TFQ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    220000 | PA      | $235617.80    | 0.04%             | 2027-07-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| CALIFORNIA SCH FIN AUTH                                           | KIPP SOCAL PUBLIC SCHOOLS CA (144A/QIB) 19A 5.0% 07-01-26                                  | CUSIP: 13059TFP9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    105000 | PA      | $110942.27    | 0.02%             | 2026-07-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| CALIFORNIA SCH FIN AUTH                                           | KIPP SOCAL PUBLIC SCHOOLS CA (144A/QIB) 19A 5.0% 07-01-25                                  | CUSIP: 13059TFN4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $155956.20    | 0.02%             | 2025-07-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| CALIFORNIA SCH FIN AUTH                                           | KIPP SOCAL PUBLIC SCHOOLS CA (144A/QIB) 19A 5.0% 07-01-24                                  | CUSIP: 13059TFM6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    130000 | PA      | $133070.47    | 0.02%             | 2024-07-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| CALIFORNIA SCH FIN AUTH                                           | KIPP SOCAL PUBLIC SCHOOLS CA (144A/QIB) 19A 5.0% 07-01-23                                  | CUSIP: 13059TFL8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    225000 | PA      | $226523.70    | 0.03%             | 2023-07-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| CALIFORNIA STATEWIDE CMNTYS DEV AUTH                              | CA STWD COTTAGE HLTH PREREF SF 5.0% 11-01-43/24                                            | CUSIP: 13080SFW9<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5223835.00   | 0.80%             | 2043-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST MUNI FIN AUTH                                       | CHF RIVERSIDE II CA BAM 5.0% 05-15-27                                                      | CUSIP: 13049YDH1<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    530000 | PA      | $576518.10    | 0.09%             | 2027-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA (STATE OF)                                             | CA ST GO 5.0% 11-01-30                                                                     | CUSIP: 13063DWS3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4065000 | PA      | $4912499.66   | 0.75%             | 2030-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST DEPT VET AFFAIRS                                    | CA VETERANS HOUSING PAC (100-500) PSA 20A SF 3.0% 12-01-50                                 | CUSIP: 130658QW0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6340000 | PA      | $6276587.32   | 0.96%             | 2050-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA (STATE OF)                                             | CA ST GO VETERANS SFM PAC (75-500) PSA 20A SF 3.0% 12-01-50                                | CUSIP: 13063DYS1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4425000 | PA      | $4379794.20   | 0.67%             | 2050-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CHINO COMMUNITY FACILITIES DISTRICT CALIF                         | CHINO CA CFD #2003-3 4.0% 09-01-27                                                         | CUSIP: 169511WD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    465000 | PA      | $474800.81    | 0.07%             | 2027-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CHINO COMMUNITY FACILITIES DISTRICT CALIF                         | CHINO CA CFD #2003-3 4.0% 09-01-28                                                         | CUSIP: 169511WE8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    480000 | PA      | $492143.04    | 0.08%             | 2028-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST MUNI FIN AUTH                                       | CMNTY HOSP CENTRAL CA 21A AGM 5.0% 02-01-29                                                | CUSIP: 13048VYU6<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    825000 | PA      | $911154.75    | 0.14%             | 2029-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST MUNI FIN AUTH                                       | CMNTY HOSP CENTRAL CA 21A AGM 5.0% 02-01-28                                                | CUSIP: 13048VYT9<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    750000 | PA      | $817223.25    | 0.12%             | 2028-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST MUNI FIN AUTH                                       | CMNTY HOSP CENTRAL CA 21A AGM 5.0% 02-01-27                                                | CUSIP: 13048VYS1<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    800000 | PA      | $861896.00    | 0.13%             | 2027-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA (STATE OF)                                             | CA ST GO 5.0% 04-01-32                                                                     | CUSIP: 13063DP36<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3030000 | PA      | $3744028.59   | 0.57%             | 2032-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CALIF UNI SCH DIST                                    | LOS ANGELES UNIFIED SCHOOL DISTRICT 3.0% 01-01-34                                          | CUSIP: 544647BB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4780000 | PA      | $4774469.54   | 0.73%             | 2034-01-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| MURRIETA VY CALIF UNI SCH DIST PUB FING AUTH                      | MURRIETA VALLEY CA USD SPL TAX 16A 5.0% 09-01-23                                           | CUSIP: 62719TBU1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2530000 | PA      | $2559988.09   | 0.39%             | 2023-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2023-03-15

**Name of Applicant:** CAPITAL GROUP PRIVATE CLIENT SERVICES FUNDS

**Signature:** Scott Lewis

**Name of Signer:** Scott Lewis

**Title:** Analyst