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Short Municipal Index ETF SMB

  • Full Name: Market Vectors®
    Short Municipal Index ETF (SMB)

    Management Style: Sampling

    Underlying Index: The Barclays AMT-Free Short Continuous Municipal Index (LMT1TR)

    Index Provider: Barclays

    Index Description: LMT1TR is a market value weighted index designed to replicate the price movements of short-duration bonds with a nominal maturity of 1-6 years.

  •  
      

    • Fund Ticker

      SMB
    • Exchange

      NYSE Arca
    • Commencement

      02/22/2008
    • ETF Structure

      Physical
    • Administrator

      Van Eck Associates
    • Custodian

      Bank of New York Mellon
    • Index Ticker

      LMT1TR
    • Index Rebalancing

      Monthly
  •  
    as of 10/22/14

    • 30-Day SEC Yield1

      0.85%
    • Total Net Assets

      $267.7M
    • Number of Holdings

      334
    • Options

      Expected
    • Gross Expense Ratio2

      0.20%
    • Net Expense Ratio/TER2

      0.20%
    • Distribution Frequency

      Monthly
    • Next Distribution Date

      10/31/2014
  • Portfolio Composition (%)
    as of 10/22/14

    • % of Net Assets
    • Stocks

      0.00
    • Bonds

      99.73
    • Other

      0.00
    • Cash

      0.27
  • Download All Fund Holdings »All Holdings (%)as of 10/22/14

    Total Holdings: 334
    Holding Name
    Coupon
    Maturity
    Composite
    Rating
    State
    Currency
    % of Net
    Assets
    State Of Illinois
    5.000
    08/01/2017
    A-
    IL
    USD
    1.70
    State Of North Carolina
    5.000
    06/01/2018
    AAA
    NC
    USD
    1.22
    County Of Baltimore Md
    5.000
    08/01/2018
    AAA
    MD
    USD
    1.22
    City Of Rochester Mn
    4.000
    11/15/2038
    AA
    MN
    USD
    1.12
    Nj Transportation Trust Fund Authority
    5.000
    06/15/2018
    A
    NJ
    USD
    1.00
    Nj Transportation Trust Fund Authority
    5.000
    12/15/2017
    A
    NJ
    USD
    0.99
    Gwinnett County School District
    4.500
    10/01/2017
    AAA
    GA
    USD
    0.97
    City Of Chicago Il
    5.000
    12/01/2019
    A-
    IL
    USD
    0.96
    New York State Thruway Authority
    5.000
    05/01/2019
    A-
    NY
    USD
    0.94
    State Of Maryland
    4.500
    08/01/2019
    AAA
    MD
    USD
    0.87
    Tobacco Settlement Financing Corp/Ny
    5.000
    06/01/2018
    AA-
    NY
    USD
    0.87
    City Of Rochester Mn
    4.000
    11/15/2030
    AA
    MN
    USD
    0.87
    Bay Area Toll Authority
    1.875
    04/01/2047
    AA-
    CA
    USD
    0.86
    New York State Urban Development Corp
    5.000
    12/15/2018
    AA+
    NY
    USD
    0.82
    State Of Maryland
    5.000
    08/01/2018
    AAA
    MD
    USD
    0.78
    State Of Washington
    5.000
    09/01/2018
    A+
    WA
    USD
    0.76
    Michigan Finance Authority
    5.000
    07/01/2018
    AAA
    MI
    USD
    0.76
    Alabama Public School & College Authori
    5.000
    05/01/2016
    AA
    AL
    USD
    0.75
    Energy Northwest
    5.000
    07/01/2019
    AA
    WA
    USD
    0.74
    Kentucky Infrastructure Authority
    5.000
    02/01/2018
    AAA
    KY
    USD
    0.73
    City Of Los Angeles Ca
    5.000
    09/01/2016
    AA-
    CA
    USD
    0.71
    California State Department Of Water Re
    5.000
    05/01/2017
    AA-
    CA
    USD
    0.71
    City Of New York Ny
    5.000
    08/01/2017
    AA
    NY
    USD
    0.69
    New Jersey Economic Development Authori
    5.000
    12/15/2017
    A
    NJ
    USD
    0.68
    Lower Colorado River Authority
    5.000
    05/15/2019
    A
    TX
    USD
    0.67
    City Of Jacksonville Fl
    5.000
    10/01/2018
    AA-
    FL
    USD
    0.65
    State Of New Jersey
    5.000
    08/15/2019
    A+
    NJ
    USD
    0.64
    Erie County Industrial Development Agen
    5.000
    05/01/2019
    AA-
    NY
    USD
    0.63
    Connecticut State Health & Educational
    0.875
    07/01/2049
    AAA
    CT
    USD
    0.63
    Alabama Federal Aid Highway Finance Aut
    5.000
    09/01/2019
    AA-
    AL
    USD
    0.62
    State Of Texas
    5.000
    10/01/2018
    AAA
    TX
    USD
    0.61
    State Of California
    5.000
    09/01/2018
    A
    CA
    USD
    0.60
    State Of California
    5.000
    12/01/2015
    A
    CA
    USD
    0.60
    State Of California
    5.000
    04/01/2018
    A
    CA
    USD
    0.60
    State Of Illinois
    5.000
    01/01/2016
    A-
    IL
    USD
    0.60
    New York State Dormitory Authority
    4.000
    03/15/2019
    AA+
    NY
    USD
    0.59
    State Of Wisconsin
    5.000
    05/01/2017
    AA
    WI
    USD
    0.59
    City Of New York Ny
    5.000
    03/01/2017
    AA
    NY
    USD
    0.58
    Nys Environmental Facilities Corp
    5.000
    06/15/2020
    AA+
    NY
    USD
    0.57
    State Of California
    4.000
    09/01/2017
    A
    CA
    USD
    0.56
    Pennsylvania Economic Development Finan
    5.000
    07/01/2018
    AA+
    PA
    USD
    0.55
    Fulton County Development Authority
    5.000
    10/01/2019
    A
    GA
    USD
    0.53
    State Of Illinois
    5.000
    03/01/2017
    A-
    IL
    USD
    0.51
    Michigan Finance Authority
    5.000
    10/01/2017
    AAA
    MI
    USD
    0.49
    Commonwealth Of Pennsylvania
    5.000
    11/15/2018
    AA
    PA
    USD
    0.49
    Massachusetts School Building Authority
    5.000
    08/15/2018
    AA
    MA
    USD
    0.48
    State Of New York
    3.000
    02/01/2016
    AA
    NY
    USD
    0.47
    South Carolina State Public Service Aut
    5.000
    12/01/2015
    A+
    SC
    USD
    0.46
    State Of California
    5.000
    09/01/2018
    A
    CA
    USD
    0.46
    State Of Louisiana
    5.000
    11/15/2019
    AA
    LA
    USD
    0.45
    New York City Transitional Finance Auth
    5.000
    11/01/2019
    AA+
    NY
    USD
    0.45
    State Of Hawaii
    5.000
    12/01/2019
    AA
    HI
    USD
    0.45
    City Of New York Ny
    5.000
    08/01/2020
    AA
    NY
    USD
    0.45
    New York State Dormitory Authority
    5.000
    03/15/2020
    AA+
    NY
    USD
    0.45
    Municipal Electric Authority Of Georgia
    5.000
    01/01/2020
    A
    GA
    USD
    0.44
    State Of California
    5.000
    04/01/2020
    A
    CA
    USD
    0.44
    City Of New York Ny
    5.000
    08/01/2019
    AA
    NY
    USD
    0.44
    State Of North Carolina
    5.000
    11/01/2018
    AA+
    NC
    USD
    0.44
    State Of Washington
    5.000
    09/01/2019
    A+
    WA
    USD
    0.44
    State Of Washington
    5.000
    01/01/2019
    AA+
    WA
    USD
    0.44
    South Carolina State Public Service Aut
    5.000
    12/01/2018
    A+
    SC
    USD
    0.44
    Commonwealth Of Pennsylvania
    5.000
    04/01/2019
    AA
    PA
    USD
    0.44
    State Of North Carolina
    5.000
    03/01/2019
    A+
    NC
    USD
    0.44
    Commonwealth Of Pennsylvania
    5.000
    07/01/2018
    AA
    PA
    USD
    0.43
    State Of California
    5.000
    09/01/2018
    A
    CA
    USD
    0.43
    Nj Transportation Trust Fund Authority
    5.000
    12/15/2019
    A
    NJ
    USD
    0.43
    New Mexico Finance Authority
    4.000
    06/15/2016
    AA+
    NM
    USD
    0.43
    State Of Arkansas
    5.000
    04/01/2018
    AA
    AR
    USD
    0.43
    Massachusetts Development Finance Agenc
    5.000
    07/01/2031
    AA
    MA
    USD
    0.43
    Nebraska Public Power District
    5.000
    01/01/2019
    A
    NE
    USD
    0.43
    New Jersey Health Care Facilities Finan
    5.000
    09/15/2018
    A
    NJ
    USD
    0.43
    Los Angeles Unified School District/Ca
    5.000
    07/01/2017
    AA-
    CA
    USD
    0.42
    New Jersey Transit Corp
    5.000
    09/15/2018
    A-
    NJ
    USD
    0.42
    State Of California
    4.000
    02/01/2019
    A
    CA
    USD
    0.42
    Tobacco Settlement Financing Corp/Ny
    5.000
    06/01/2017
    AA-
    NY
    USD
    0.42
    City & County Of Denver Co
    5.000
    08/01/2017
    AAA
    CO
    USD
    0.42
    Michigan Finance Authority
    5.000
    07/01/2017
    AAA
    MI
    USD
    0.42
    Commonwealth Of Pennsylvania
    5.000
    07/01/2017
    AA
    PA
    USD
    0.42
    California State Public Works Board
    4.000
    11/01/2017
    A-
    CA
    USD
    0.42
    Commonwealth Of Massachusetts
    5.000
    12/01/2016
    AA+
    MA
    USD
    0.42
    State Of Illinois
    5.000
    06/15/2018
    AA
    IL
    USD
    0.42
    State Of California
    5.000
    04/01/2017
    A
    CA
    USD
    0.42
    Piedmont Municipal Power Agency
    5.000
    01/01/2017
    BBB+
    SC
    USD
    0.41
    North Carolina Eastern Municipal Power
    5.000
    01/01/2017
    BBB+
    NC
    USD
    0.41
    New Jersey Higher Education Assistance
    3.750
    12/01/2018
    A+
    NJ
    USD
    0.41
    State Of Florida
    5.000
    06/01/2016
    AA+
    FL
    USD
    0.41
    State Of Ohio
    5.000
    08/01/2016
    AA+
    OH
    USD
    0.41
    Ohio State Water Development Authority
    4.000
    12/01/2033
    BBB-
    OH
    USD
    0.41
    Clear Creek Independent School District
    3.000
    02/15/2032
    AAA
    TX
    USD
    0.41
    County Of Orange Fl Sales Tax Revenue
    5.000
    01/01/2020
    AA
    FL
    USD
    0.40
    State Of Ohio
    3.000
    05/01/2020
    AA+
    OH
    USD
    0.40
    State Of New Jersey
    5.000
    06/01/2018
    A+
    NJ
    USD
    0.40
    State Of Minnesota
    5.000
    08/01/2019
    AA+
    MN
    USD
    0.40
    State Of Connecticut
    5.000
    11/01/2015
    AA-
    CT
    USD
    0.40
    New York State Thruway Authority
    5.000
    04/01/2016
    AA-
    NY
    USD
    0.40
    Lower Colorado River Authority
    4.000
    05/15/2018
    A
    TX
    USD
    0.39
    Commonwealth Of Pennsylvania
    5.000
    06/15/2018
    AA-
    PA
    USD
    0.39
    State Of Illinois
    5.000
    01/01/2017
    A
    IL
    USD
    0.39
    Bay Area Toll Authority
    1.500
    04/01/2047
    AA-
    CA
    USD
    0.38
    Nj Transportation Trust Fund Authority
    5.000
    06/15/2020
    A
    NJ
    USD
    0.38
    California Statewide Communiti
    1.375
    04/01/2028
    A+
    CA
    USD
    0.38
    New Jersey Economic Development Authori
    5.000
    09/01/2017
    A
    NJ
    USD
    0.37
    State Of Florida
    5.000
    06/01/2016
    AA+
    FL
    USD
    0.37
    State Of California
    5.000
    09/01/2016
    A
    CA
    USD
    0.37
    Arizona Transportation Board
    5.000
    07/01/2017
    AA
    AZ
    USD
    0.37
    State Of Connecticut
    5.000
    12/01/2017
    AA-
    CT
    USD
    0.37
    City Of San Antonio Tx Water System Rev
    5.000
    05/15/2020
    AA+
    TX
    USD
    0.36
    City Of New York Ny
    5.000
    08/01/2017
    AA
    NY
    USD
    0.36
    State Of Texas
    4.000
    10/01/2019
    AAA
    TX
    USD
    0.35
    New York State Thruway Authority
    5.000
    04/01/2019
    AA
    NY
    USD
    0.35
    Texas Public Finance Authority
    5.000
    07/01/2016
    AAA
    TX
    USD
    0.35
    Utah State Board Of Regents
    4.500
    11/01/2017
    AAA
    UT
    USD
    0.35
    State Of Missouri
    2.125
    10/01/2018
    AA+
    MO
    USD
    0.35
    State Of Illinois
    4.000
    01/01/2017
    A-
    IL
    USD
    0.34
    Maryland State Department Of Transporta
    5.000
    05/01/2019
    AA+
    MD
    USD
    0.34
    City Of New York Ny
    5.000
    08/01/2018
    AA
    NY
    USD
    0.33
    California Health Facilities Financing
    5.000
    07/01/2043
    A+
    CA
    USD
    0.32
    Indiana Finance Authority
    5.000
    10/01/2019
    A+
    IN
    USD
    0.31
    State Of Illinois
    5.000
    01/01/2018
    A
    IL
    USD
    0.31
    California State Department Of Water Re
    5.000
    05/01/2016
    AA-
    CA
    USD
    0.31
    California State Department Of Water Re
    5.000
    05/01/2016
    AA-
    CA
    USD
    0.31
    Commonwealth Of Massachusetts
    5.000
    08/01/2016
    AA+
    MA
    USD
    0.31
    State Of Minnesota
    5.000
    08/01/2018
    AA+
    MN
    USD
    0.30
    Ohio Air Quality Development Authority
    3.750
    12/01/2023
    BBB-
    OH
    USD
    0.30
    City Of Houston Tx Utility System Reven
    5.000
    11/15/2015
    AA
    TX
    USD
    0.30
    Massachusetts Development Finance Agenc
    5.000
    07/01/2035
    AA
    MA
    USD
    0.30
    University Of Minnesota
    5.000
    12/01/2018
    AA
    MN
    USD
    0.30
    State Of Illinois
    5.000
    01/01/2017
    A-
    IL
    USD
    0.29
    City Of Houston Tx
    5.000
    03/01/2020
    AA
    TX
    USD
    0.29
    State Of Utah
    5.000
    07/01/2018
    AAA
    UT
    USD
    0.28
    City Of Philadelphia Pa Water & Sewer R
    5.000
    06/15/2018
    A+
    PA
    USD
    0.28
    County Of Cook Il
    5.000
    11/15/2019
    AA-
    IL
    USD
    0.27
    State Of Washington
    5.000
    07/01/2015
    AA+
    WA
    USD
    0.26
    Nj Transportation Trust Fund Authority
    4.000
    06/15/2018
    A
    NJ
    USD
    0.26
    Lower Colorado River Authority
    5.000
    05/15/2016
    A
    TX
    USD
    0.26
    City Of New York Ny
    5.000
    10/01/2017
    AA
    NY
    USD
    0.25
    City Of Atlanta Department Of Aviation
    5.000
    01/01/2017
    A+
    GA
    USD
    0.25
    New Jersey Building Authority
    5.000
    06/15/2019
    A
    NJ
    USD
    0.25
    Wayne County Airport Authority
    5.000
    12/01/2018
    A-
    MI
    USD
    0.25
    City Of Seattle Wa Municipal Light & Po
    5.000
    06/01/2019
    AA
    WA
    USD
    0.25
    City Of Houston Tx
    5.000
    03/01/2020
    AA
    TX
    USD
    0.25
    City Of Jacksonville Fl
    5.000
    10/01/2016
    AA-
    FL
    USD
    0.24
    Dallas/Fort Worth International Airport
    5.000
    11/01/2018
    A
    TX
    USD
    0.24
    Massachusetts St Water Pollution Abatem
    5.000
    08/01/2018
    AAA
    MA
    USD
    0.24
    City Of Scottsdale Az
    3.000
    07/01/2018
    AAA
    AZ
    USD
    0.24
    Kentucky Turnpike Authority
    5.000
    07/01/2016
    AA-
    KY
    USD
    0.23
    New York State Dormitory Authority
    5.000
    02/15/2020
    AA+
    NY
    USD
    0.23
    Pennsylvania Economic Development Finan
    5.000
    07/01/2017
    AA+
    PA
    USD
    0.23
    State Of Washington
    5.000
    01/01/2018
    AA+
    WA
    USD
    0.23
    California State Department Of Water Re
    5.000
    05/01/2020
    AA-
    CA
    USD
    0.23
    State Of Connecticut
    5.000
    06/01/2020
    AA-
    CT
    USD
    0.23
    City Of Norfolk Va Water Revenue
    5.000
    11/01/2019
    AA
    VA
    USD
    0.23
    State Of California
    5.000
    07/01/2016
    AA
    CA
    USD
    0.23
    State Of Nevada
    5.000
    06/01/2016
    AA+
    NV
    USD
    0.22
    Metropolitan Transportation Authority
    5.000
    11/15/2017
    A
    NY
    USD
    0.22
    New York City Transitional Finance Auth
    5.000
    02/01/2020
    AA+
    NY
    USD
    0.22
    New York State Dormitory Authority
    5.000
    02/15/2020
    AA+
    NY
    USD
    0.22
    New York State Dormitory Authority
    5.000
    02/15/2020
    AA+
    NY
    USD
    0.22
    State Of Washington
    5.000
    07/01/2019
    AA+
    WA
    USD
    0.22
    Jea Electric System Revenue
    5.000
    10/01/2019
    AA-
    FL
    USD
    0.22
    Citizens Property Insurance Corp
    5.000
    06/01/2019
    A
    FL
    USD
    0.22
    State Of Texas
    5.000
    04/01/2019
    AAA
    TX
    USD
    0.22
    Virginia College Building Authority
    5.000
    02/01/2019
    AA+
    VA
    USD
    0.22
    New Jersey Educational Facilities Autho
    5.000
    06/01/2019
    A
    NJ
    USD
    0.22
    Maryland State Department Of Transporta
    5.000
    06/01/2018
    AA+
    MD
    USD
    0.22
    New York State Dormitory Authority
    5.000
    10/01/2018
    AAA
    NY
    USD
    0.22
    State Of Illinois
    5.000
    06/15/2018
    AA+
    IL
    USD
    0.22
    Florida State Department Of Environment
    5.000
    07/01/2018
    A+
    FL
    USD
    0.22
    Municipal Electric Authority Of Georgia
    5.000
    11/01/2017
    A
    GA
    USD
    0.21
    City Of Dallas Tx
    5.000
    02/15/2018
    AA+
    TX
    USD
    0.21
    California State Public Works Board
    4.000
    06/01/2017
    A-
    CA
    USD
    0.21
    New York State Urban Development Corp
    5.000
    03/15/2018
    AA+
    NY
    USD
    0.21
    New Jersey Building Authority
    5.000
    06/15/2018
    A
    NJ
    USD
    0.21
    State Of Illinois
    5.000
    02/01/2020
    A-
    IL
    USD
    0.21
    State Of Washington
    5.000
    07/01/2017
    AA+
    WA
    USD
    0.21
    State Of Nevada
    5.000
    06/01/2017
    AA+
    NV
    USD
    0.21
    Virginia College Building Authority
    5.000
    09/01/2017
    AA
    VA
    USD
    0.21
    City Of New York Ny
    5.000
    08/01/2017
    AA
    NY
    USD
    0.21
    State Of Connecticut
    4.000
    06/15/2018
    AA-
    CT
    USD
    0.21
    State Of Georgia
    5.000
    12/01/2016
    AAA
    GA
    USD
    0.21
    State Of Hawaii
    5.000
    12/01/2016
    AA
    HI
    USD
    0.21
    New Jersey Economic Development Authori
    5.000
    09/01/2018
    A
    NJ
    USD
    0.21
    Missouri Highway & Transportation Commi
    5.000
    02/01/2017
    AAA
    MO
    USD
    0.21
    State Of Delaware
    5.000
    02/01/2017
    AAA
    DE
    USD
    0.21
    New York City Transitional Finance Auth
    5.000
    02/01/2017
    AA+
    NY
    USD
    0.21
    Kentucky Infrastructure Authority
    5.000
    02/01/2017
    AAA
    KY
    USD
    0.21
    State Of Illinois
    5.000
    04/01/2017
    A-
    IL
    USD
    0.20
    State Of California
    5.000
    09/01/2016
    A
    CA
    USD
    0.20
    State Of California
    5.000
    09/01/2016
    A
    CA
    USD
    0.20
    City Of Chicago Il
    4.000
    12/01/2017
    A-
    IL
    USD
    0.20
    Long Island Power Authority
    5.000
    05/01/2016
    BBB+
    NY
    USD
    0.20
    New Jersey Economic Development Authori
    4.000
    12/15/2016
    A
    NJ
    USD
    0.20
    City Of Memphis Tn
    5.000
    12/01/2016
    AA
    TN
    USD
    0.20
    State Of Washington
    5.000
    07/01/2017
    AA+
    WA
    USD
    0.20
    Dallas Independent School District
    4.000
    08/15/2016
    AAA
    TX
    USD
    0.20
    Michigan State Hospital Finance Authori
    5.000
    11/15/2015
    AA
    MI
    USD
    0.20
    City Of Jacksonville Fl
    5.000
    10/01/2017
    AA-
    FL
    USD
    0.20
    State Of Connecticut
    5.000
    01/01/2016
    AA-
    CT
    USD
    0.20
    New Jersey Higher Education Assistance
    5.000
    12/01/2015
    AA
    NJ
    USD
    0.20
    County Of Guilford Nc
    5.000
    03/01/2016
    AAA
    NC
    USD
    0.20
    State Of California
    5.000
    03/01/2016
    A
    CA
    USD
    0.20
    Town Of Oyster Bay Ny
    3.000
    03/01/2018
    A+
    NY
    USD
    0.20
    City Of Chicago Il O'Hare International
    5.000
    01/01/2017
    A-
    IL
    USD
    0.20
    State Of North Carolina
    3.500
    05/01/2016
    AAA
    NC
    USD
    0.20
    New York State Thruway Authority
    5.000
    03/15/2019
    AA+
    NY
    USD
    0.20
    City Of Houston Tx
    5.000
    03/01/2018
    AA
    TX
    USD
    0.20
    Salt River Project Agricultural Improve
    4.000
    01/01/2016
    AA
    AZ
    USD
    0.20
    State Of Illinois
    3.000
    06/15/2016
    AA+
    IL
    USD
    0.20
    State Of Illinois
    3.000
    01/01/2018
    A-
    IL
    USD
    0.20
    State Of Georgia
    5.000
    10/01/2015
    AAA
    GA
    USD
    0.20
    State Of California
    5.000
    10/01/2015
    A
    CA
    USD
    0.20
    Michigan State Hospital Finance Authori
    2.000
    11/15/2047
    AA
    MI
    USD
    0.19
    State Of New York
    3.000
    03/01/2016
    AA
    NY
    USD
    0.19
    Florida State Board Of Education
    5.000
    07/01/2016
    AA-
    FL
    USD
    0.19
    Northside Independent School District
    2.000
    08/01/2044
    AAA
    TX
    USD
    0.19
    Northside Independent School District
    2.000
    06/01/2039
    AAA
    TX
    USD
    0.19
    Arizona Transportation Board
    5.000
    07/01/2017
    AA+
    AZ
    USD
    0.19
    State Of Illinois
    3.500
    09/01/2015
    A-
    IL
    USD
    0.19
    California State Department Of Water Re
    5.000
    05/01/2018
    AA-
    CA
    USD
    0.19
    California State Public Works Board
    4.000
    06/01/2016
    A-
    CA
    USD
    0.19
    State Of California
    5.000
    03/01/2018
    A
    CA
    USD
    0.19
    State Of Ohio
    5.000
    08/01/2016
    AA+
    OH
    USD
    0.18
    State Of Florida
    5.000
    06/01/2016
    AA+
    FL
    USD
    0.18
    State Of California
    5.000
    02/01/2017
    A
    CA
    USD
    0.18
    New York City Transitional Finance Auth
    5.000
    11/01/2015
    AA+
    NY
    USD
    0.18
    Metropolitan Transportation Authority
    5.000
    11/15/2018
    A
    NY
    USD
    0.18
    State Of Georgia
    4.000
    07/01/2019
    AAA
    GA
    USD
    0.18
    Indiana Finance Authority
    5.000
    10/01/2020
    A+
    IN
    USD
    0.18
    Metropolitan Government Of Nashville &
    5.000
    07/01/2018
    AA
    TN
    USD
    0.17
    State Of California
    5.000
    11/01/2017
    A
    CA
    USD
    0.17
    Kentucky State Property & Building Comm
    5.000
    08/01/2017
    A+
    KY
    USD
    0.17
    City Of New York Ny
    5.000
    10/01/2015
    AA
    NY
    USD
    0.17
    County Of Harris Tx
    5.000
    10/01/2019
    AA+
    TX
    USD
    0.17
    City Of Atlanta Department Of Aviation
    5.000
    01/01/2017
    A
    GA
    USD
    0.17
    City Of Seattle Wa Municipal Light & Po
    5.000
    02/01/2017
    AA
    WA
    USD
    0.17
    City Of New York Ny
    5.000
    08/01/2020
    AA
    NY
    USD
    0.17
    Citizens Property Insurance Corp
    4.000
    06/01/2017
    A+
    FL
    USD
    0.16
    State Of Georgia
    5.000
    07/01/2016
    AAA
    GA
    USD
    0.16
    County Of Montgomery Md
    5.000
    07/01/2016
    AAA
    MD
    USD
    0.16
    Palm Beach County School District
    5.000
    08/01/2032
    AA-
    FL
    USD
    0.16
    New Jersey Economic Development Authori
    5.000
    12/15/2018
    A
    NJ
    USD
    0.16
    State Of Ohio
    5.000
    12/15/2015
    AA-
    OH
    USD
    0.16
    State Of Illinois
    5.000
    01/01/2016
    A
    IL
    USD
    0.16
    Town Of Oyster Bay Ny
    3.000
    08/15/2017
    NR
    NY
    USD
    0.16
    City Of New York Ny
    5.000
    03/01/2016
    AA
    NY
    USD
    0.15
    Forsyth County School District
    5.000
    02/01/2019
    AA+
    GA
    USD
    0.15
    Nys Environmental Facilities Corp
    5.000
    06/15/2019
    AA+
    NY
    USD
    0.15
    City Of New York Ny
    5.000
    08/01/2018
    AA
    NY
    USD
    0.14
    City Of Atlanta Department Of Aviation
    5.000
    01/01/2020
    A+
    GA
    USD
    0.14
    California State Public Works Board
    5.000
    06/01/2020
    A-
    CA
    USD
    0.14
    State Of Wisconsin
    5.000
    11/01/2018
    AA
    WI
    USD
    0.13
    Commonwealth Of Pennsylvania
    5.000
    06/01/2019
    AA
    PA
    USD
    0.13
    District Of Columbia
    5.000
    12/01/2016
    AA+
    DC
    USD
    0.13
    State Of Maryland
    5.000
    03/01/2019
    AAA
    MD
    USD
    0.13
    New York State Dormitory Authority
    5.000
    02/15/2019
    AA+
    NY
    USD
    0.13
    New York State Dormitory Authority
    5.000
    03/15/2019
    AA+
    NY
    USD
    0.13
    North Carolina Turnpike Authority
    5.000
    07/01/2018
    AA
    NC
    USD
    0.13
    New Jersey Economic Development Authori
    5.000
    06/15/2019
    A-
    NJ
    USD
    0.13
    New York State Thruway Authority
    5.000
    03/15/2018
    AA+
    NY
    USD
    0.13
    Nys Environmental Facilities Corp
    5.000
    06/15/2020
    AA+
    NY
    USD
    0.13
    City Of New York Ny
    5.000
    08/01/2017
    AA
    NY
    USD
    0.13
    Lower Colorado River Authority
    5.000
    05/15/2017
    A
    TX
    USD
    0.13
    Metropolitan Transportation Authority
    5.000
    11/15/2019
    A
    NY
    USD
    0.13
    State Of North Carolina
    5.000
    03/01/2017
    AAA
    NC
    USD
    0.12
    City Of San Antonio Tx
    5.000
    02/01/2017
    AA
    TX
    USD
    0.12
    San Diego County Water Authority
    4.000
    05/01/2018
    AA
    CA
    USD
    0.12
    New York Municipal Bond Bank Agency
    5.000
    12/01/2019
    AA-
    NY
    USD
    0.12
    Commonwealth Of Pennsylvania
    5.000
    07/15/2016
    AA
    PA
    USD
    0.12
    State Of North Carolina
    5.000
    03/01/2019
    AAA
    NC
    USD
    0.12
    Richmond County Board Of Education
    5.000
    10/01/2017
    AA+
    GA
    USD
    0.12
    Houston Independent School District
    5.000
    02/15/2019
    AA+
    TX
    USD
    0.12
    State Of Illinois
    4.000
    09/01/2018
    A-
    IL
    USD
    0.12
    Port Of Seattle Wa
    5.000
    12/01/2017
    A
    WA
    USD
    0.11
    City Of New York Ny
    4.000
    08/01/2016
    AA
    NY
    USD
    0.11
    New York State Dormitory Authority
    5.000
    02/15/2018
    AA+
    NY
    USD
    0.11
    City Of Milwaukee Wi
    5.000
    05/01/2019
    AA-
    WI
    USD
    0.11
    State Of Washington
    5.000
    07/01/2019
    AA+
    WA
    USD
    0.11
    New Jersey Economic Development Authori
    5.000
    09/01/2016
    A
    NJ
    USD
    0.11
    California State Department Of Water Re
    5.000
    12/01/2018
    AA+
    CA
    USD
    0.11
    State Of Connecticut
    5.000
    07/15/2019
    AA-
    CT
    USD
    0.11
    State Of Florida Lottery Revenue
    5.000
    07/01/2017
    AA-
    FL
    USD
    0.11
    State Of California
    5.000
    10/01/2018
    A
    CA
    USD
    0.11
    Regional Transportation District
    5.000
    06/01/2018
    A
    CO
    USD
    0.11
    State Of Maryland
    5.000
    11/01/2017
    AAA
    MD
    USD
    0.11
    Nj Transportation Trust Fund Authority
    5.000
    06/15/2019
    A
    NJ
    USD
    0.11
    County Of Mecklenburg Nc
    5.000
    12/01/2017
    AAA
    NC
    USD
    0.11
    New York State Dormitory Authority
    5.000
    02/15/2018
    AA+
    NY
    USD
    0.11
    Texas State University Systems
    5.000
    03/15/2018
    AA
    TX
    USD
    0.11
    State Of North Carolina
    5.000
    05/01/2016
    AAA
    NC
    USD
    0.11
    City Of Jacksonville Fl
    5.000
    10/01/2016
    AA-
    FL
    USD
    0.11
    City Of New York Ny
    5.000
    08/01/2017
    AA
    NY
    USD
    0.11
    City Of New York Ny
    5.000
    08/01/2017
    AA
    NY
    USD
    0.11
    California State Department Of Water Re
    4.000
    12/01/2018
    AA+
    CA
    USD
    0.11
    State Of Hawaii
    5.000
    08/01/2019
    AA
    HI
    USD
    0.10
    Harris County Metropolitan Transit Auth
    5.000
    11/01/2016
    AA
    TX
    USD
    0.10
    New York State Urban Development Corp
    5.000
    03/15/2017
    AA+
    NY
    USD
    0.10
    City Of Chicago Il O'Hare International
    5.000
    01/01/2017
    A-
    IL
    USD
    0.10
    New Mexico Finance Authority
    5.000
    12/15/2016
    AA
    NM
    USD
    0.10
    State Of Connecticut
    5.000
    06/01/2016
    AA-
    CT
    USD
    0.10
    State Of Illinois
    3.875
    09/01/2017
    A-
    IL
    USD
    0.10
    City Of New York Ny
    4.000
    08/01/2016
    AA
    NY
    USD
    0.10
    North Carolina Eastern Municipal Power
    5.000
    01/01/2016
    BBB+
    NC
    USD
    0.10
    State Of Florida
    5.000
    07/01/2015
    AA+
    FL
    USD
    0.10
    Citizens Property Insurance Corp
    5.000
    06/01/2015
    A
    FL
    USD
    0.10
    City Of New York Ny
    5.000
    08/01/2018
    AA
    NY
    USD
    0.10
    New Jersey Economic Development Authori
    5.000
    03/01/2020
    A-
    NJ
    USD
    0.10
    State Of North Carolina
    5.000
    05/01/2020
    AAA
    NC
    USD
    0.09
    State Of California
    5.000
    02/01/2020
    A
    CA
    USD
    0.09
    Massachusetts School Building Authority
    5.000
    08/15/2019
    AA
    MA
    USD
    0.09
    Texas Transportation Commission State H
    5.000
    04/01/2017
    AAA
    TX
    USD
    0.09
    State Of Maryland
    5.000
    08/01/2018
    AAA
    MD
    USD
    0.09
    Metropolitan Transportation Authority
    5.000
    11/15/2017
    A
    NY
    USD
    0.09
    Kentucky Public Transportation Infrastr
    5.000
    07/01/2017
    BBB-
    KY
    USD
    0.08
    Pennsylvania Economic Development Finan
    5.000
    07/01/2015
    AA+
    PA
    USD
    0.08
    Commonwealth Of Pennsylvania
    5.000
    10/15/2015
    AA
    PA
    USD
    0.08
    State Of California
    3.500
    03/01/2016
    A
    CA
    USD
    0.08
    Nys Environmental Facilities Corp
    5.000
    06/15/2020
    AA+
    NY
    USD
    0.07
    Metro Wastewater Reclamation District
    5.000
    04/01/2017
    AA+
    CO
    USD
    0.07
    State Of Florida
    5.000
    06/01/2016
    AA+
    FL
    USD
    0.07
    State Of Wisconsin
    5.000
    05/01/2019
    AA
    WI
    USD
    0.07
    State Of New Jersey
    5.000
    08/15/2018
    A+
    NJ
    USD
    0.06
    New York City Transitional Finance Auth
    5.000
    07/15/2016
    AA-
    NY
    USD
    0.06
    State Of Utah
    5.000
    07/01/2016
    AAA
    UT
    USD
    0.05
    State Of Florida Lottery Revenue
    5.000
    07/01/2019
    AA-
    FL
    USD
    0.04
    King County School District No 403 Rent
    5.000
    12/01/2018
    AA+
    WA
    USD
    0.04
    State Of Delaware
    5.000
    02/01/2016
    AAA
    DE
    USD
    0.04
    State Of California
    2.000
    04/01/2017
    A
    CA
    USD
    0.04
    New York City Water & Sewer System
    4.000
    06/15/2016
    AA
    NY
    USD
    0.03
    Garden State Preservation Trust
    4.000
    11/01/2019
    AA-
    NJ
    USD
    0.03
    Fl Hurricane Catastrophe Fund Fin Corp
    5.000
    07/01/2016
    AA-
    FL
    USD
    0.02
    State Of Ohio
    5.000
    05/01/2018
    AA+
    OH
    USD
    0.02
    Texas Public Finance Authority
    5.000
    01/01/2018
    AAA
    TX
    USD
    0.02
    Santa Clara County Financing Authority
    4.000
    02/01/2017
    AA-
    CA
    USD
    0.00
    Other/Cash
    USD
    0.27

    These are not recommendations to buy or to sell any security. Securities and holdings may vary. Composite Rating: An evenly weighted blend of a security's Moody's, S&P, Fitch and DBRS ratings. Not Rated indicates that a security is rated by fewer than two of the four rating agencies. This composite is not intended to be a credit opinion.