| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| 100,000 Anaheim Calif Hsg & Pub Impt Auth 2.938% 10/01/2024 | 100,000 | 96,980 |
| 130,000 Burr Ridge Ill Pk Go 1.850% 11/01/2031 | 130,000 | 101,433 |
| 50,000 Colliers Hill 3.600% 12/01/2037 | 50,000 | 41,161 |
| 100,000 Colorado Hsg & Fin Auth 1.992% 05/01/2029 | 100,000 | 84,396 |
| 99,790 Colorado Hsg & Fin Auth 4.800% 10/01/2052 | 101,294 | 95,233 |
| 50,000 Douglas Cnity Ned Sch Dist 6.000% 12/01/2038 | 53,033 | 51,946 |
| 60,000 Iowa Fin Auth Single Family 3.730% 07/01/2044 | 60,000 | 58,841 |
| 50,000 Kentucky Higher Ed Student Ln 5.273% 06/01/2036 | 50,000 | 43,961 |
| 50,000 Los Angeles Calif Uni Sch Dist 5.755% 07/01/2029 | 54,940 | 51,733 |
| 100,000 Madison Cnty Ill Cmnty Unit Sch Dist 1.900% 12/01/2030 | 100,000 | 78,859 |
| 15,000 Massachusetts Edl Fing Auth 4.408% 07/01/2034 | 15,000 | 14,742 |
| 100,000 Massachusetts Edl Fing Auth 4.949% 07/01/2038 | 100,000 | 96,264 |
| 100,000 Michigan St Hsg Dev Auth 3.365% 12/01/2040 | 89,319 | 78,615 |
| 95,000 Midland Cnty Tex Hosp Dist 6.340% 05/15/2029 | 103,375 | 98,563 |
| 100,000 Montgomery Cnt Pa Ind Dev Auth 2.940% 11/15/2027 | 99,997 | 86,033 |
| 50,000 Mt Diablo Calif 5.548% 08/01/2027 | 52,509 | 50,879 |
| 75,000 Naugatuck Conn 2.040% 09/15/2031 | 75,000 | 59,369 |
| 50,000 Oklahoma Dev Fin Auth 5.269% 10/01/2042 | 50,000 | 50,199 |
| 80,000 Perrysburg Ohio Exmp 0.000% 12/01/2026 | 71,905 | 66,185 |
| 75,000 Rhode Is St Student Ln 4.931% 12/01/2041 | 75,000 | 65,549 |
| 50,000 Richmond Calif Pension 4.512% 01/15/2028 | 50,000 | 48,509 |
| 100,000 San Jose Calif Arpt 3.040% 03/01/2038 | 100,000 | 74,756 |
| 60,000 South Dakota Hsg 4.587% 05/01/2024 | 60,000 | 59,627 |
| 100,000 Temple Tex 2.300% 08/01/2029 | 100,000 | 81,774 |
| 100,000 Uptown Dev Auth Tex 2.581% 09/01/2031 | 100,000 | 81,698 |
| 100,000 Virginia St Hsg Dev Auth 1.066% 09/01/2025 | 100,000 | 90,832 |
| 50,000 Equinor Asa 3.625% 09/10/2028 | 54,484 | 47,313 |
| 25,000 Fairfax Financial Holdings Ltd 7.750% 07/15/2037 | 34,770 | 25,607 |
| 75,000 Waste Connection Inc 4.200% 01/15/2033 | 74,796 | 69,656 |
| 25,000 Becton Dickinson & Co 4.298% 08/22/2032 | 25,000 | 23,401 |
| 75,000 Charles Stark Draper Lab 4.388% 09/01/2048 | 79,118 | 66,510 |
| 25,000 Consolidated Edison Co Ny 5.700% 02/01/2034 | 26,145 | 24,511 |
| 75,000 Consumers Energy Co 4.350% 08/31/2064 | 92,331 | 60,890 |
| 75,000 Dte Electric Co 6.350% 10/15/2032 | 90,763 | 79,632 |
| 49,482 Duke Energy Fla Proj Fin Llc 2.538% 09/01/2031 | 45,679 | 44,863 |
| 50,000 Fifth Third Bank 4.000% 12/01/2027 | 50,925 | 49,934 |
| 25,000 Itt Corp 7.400% 11/15/2025 | 28,236 | 25,555 |
| 100,000 Johnson & Johnson 3.550% 03/01/2036 | 108,704 | 88,603 |
| 50,000 Jpmorgan Chase & Co 3.220% 03/01/2025 | 48,876 | 48,597 |
| 25,000 Moodys Corp 4.250% 08/08/2032 | 24,897 | 23,362 |
| 50,000 Morgan Stanley 4.679% 07/17/2026 | 50,000 | 49,143 |
| 100,000 Northern Trust Corp 0.000% 05/08/2032 | 93,847 | 90,827 |
| 75,000 Pacificorp 2.700% 09/15/2030 | 63,850 | 64,478 |
| 75,000 Prudential Financial Inc 0.000% 06/15/2043 | 75,375 | 73,688 |
| 82,555 Spirit Airlines Inc 4.100% 10/01/2029 | 81,216 | 73,477 |
| 100,000 Texas Childrens Hospital 3.368% 10/01/2029 | 99,276 | 92,408 |
| 63,000 Tosco Corp 7.800% 01/01/2027 | 76,153 | 68,746 |
| 44,226 United Air Lines Inc 2.700% 11/01/2033 | 41,579 | 35,685 |
| 25,000 Verizon Communications 2.550% 03/21/2031 | 19,913 | 20,559 |
| 34,765 Delta Air Lines Inc 3.625% 07/30/2027 | 34,851 | 31,737 |
| 56,184 Jetblue Airways Corp 7.750% 05/15/2030 | 59,459 | 54,331 |
| 46,432 Union Pacific Railroad 6.176% 01/02/2031 | 55,255 | 47,804 |
| 43,944 United Airlines Inc 2.900% 11/01/2029 | 37,133 | 35,252 |