|Cash & Equivalents||4.09%|
|Average Life||6.13 Years|
|Effective Duration||5.22 Years|
|Kentucky Economic Development Fin Auth, Ser A||5.00%||07/17/2014|
|Kentucky State Turnpike Authority, Econ Dev, Ser A||4.99%||07/17/2014|
|Pulaski County, KY, Public Props Corp First Meet Rev||4.92%||07/17/2014|
|Kentucky Economic Dev Fin Auth, Ser A||4.00%||07/17/2014|
|Owensboro, KY, Water Revenue, Refunding & Improvement||3.97%||07/17/2014|
|Lexington-Fayette Urban Cnty, KY Airpt Board, Ser A||3.95%||07/17/2014|
|Owensboro-Daviess Cnty Regl Water Resource Agency/KY||3.95%||07/17/2014|
|Owensboro, KY, Series A||3.91%||07/17/2014|
|Kentucky State, Asset Liability Comm Agency Fund Rev||3.89%||07/17/2014|
|Fayette County, KY, School District Fin Corp., Ser A||3.81%||07/17/2014|
Current and future portfolio holdings are subject to change and risk.
¹ Credit quality ratings using Moody's rating symbols reflect the credit quality of the underlying bonds in the fund portfolio and not of the Fund itself. Moody's assigns a range of ratings from Aaa being the highest quality to C being the lowest rated class of bonds. Securities not rated by Moody's may be rated by S&P, Fitch or if no agency rating is available, the Fund will assign a rating of not rated. Bond quality ratings are subject to change.