|CERTIFICATE OF PARTICIPATION||2.36%|
|Cash & Equivalents||1.52%|
|Average Life||6.18 Years|
|Effective Duration||5.54 Years|
|Albemarle County, VA, Econ Dev Auth Pub Fac Rev||2.66%||07/17/2014|
|Virginia St, College Build Auth, Educl Facs Rev, Ser A||2.44%||07/17/2014|
|Fairfax County, VA, EconDev Auth Rev, Ser A||2.44%||07/17/2014|
|Montgomery County, VA, Econ Dev Auth Rev, Ser A||2.32%||07/17/2014|
|Suffolk, VA, Public Improvements, Ser A||2.20%||07/17/2014|
|Fairfax, VA, Sewer Revenue||2.11%||07/17/2014|
|Virginia State Public Build Auth, Pub Facs Rev, Ser A||1.92%||07/17/2014|
|Newport News, VA, General Improv, Ser A||1.85%||07/17/2014|
|Virginia State, Commonwealth Trans Board, Ser B||1.81%||07/17/2014|
|Virginia St College Build Auth, Educl Facs Rev, Ser B||1.75%||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.