|CERTIFICATE OF PARTICIPATION||2.33%|
|Cash & Equivalents||1.29%|
|Average Life||7.29 Years|
|Effective Duration||5.60 Years|
|Albemarle County, VA, Econ Dev Auth Pub Fac Rev||2.63%||5.00%||06/01/2020|
|Virginia State, College Building Authority, Ser A||2.39%||5.00%||02/01/2022|
|Fairfax County, VA, Econ Dev Auth Rev, Ser A||2.37%||5.00%||06/01/2022|
|Montgomery County, VA, EconDev Auth Rev, Ser A||2.24%||5.00%||06/01/2024|
|Suffolk, VA, Public Improvements, Series A||2.24%||5.00%||02/01/2017|
|Fairfax, VA, Sewer Revenue||2.06%||5.00%||07/15/2022|
|Virginia St College Build Auth, Educ Facs Rev, Ser A||1.91%||4.50%||09/01/2026|
|Newport News, VA, General Improvement, Water, Ser A||1.83%||4.00%||07/15/2020|
|Virginia State Pub Build Auth, Pub Facs Rev, Ser A||1.80%||5.00%||08/01/2026|
|Virginia State, Commonwealth Trans Board, Ser B||1.74%||5.00%||03/15/2023|
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.