Each N-PORT filing of PZA compared with the one before: positions added and dropped, the largest weight changes, turnover. Computed by Mulden from the filings; dated by filing period and SEC receipt.https://themulden.com/enhttps://themulden.com/funds/pza/https://themulden.com/funds/pza/6,066 positions became 6,664: 708 added (5.26% of the fund), 110 dropped (1.41%). Turnover proxy 15.4%. Largest increases: Regents of the University of California Medical Center 0.01% to 0.1%; Illinois (State of) Metropolitan Pier & Exposition Autho 0.02% to 0.09%; New York (City of), NY Municipal Water Finance Authority 0% to 0.07%; New York (City of), NY Municipal Water Finance Authority 0.02% to 0.08%; New York (State of) Dormitory Authority 0.01% to 0.07%; Orange (County of), FL Health Facilities Authority (Orlando 0% to 0.06%. Largest decreases: New York (City of), NY Municipal Water Finance Authority 0.1% to 0.01%; Jurupa Unified School District 0.09% to 0.01%; San Francisco (City & County of), CA Airport Commission 0.1% to 0.02%; Dallas (City of), TX Independent School District 0.13% to 0.05%; Massachusetts (Commonwealth of) 0.08% to 0.01%; Massachusetts (Commonwealth of) 0.09% to 0.02%. New: San Francisco Bay Area Rapid Transit District (Election of 2 (0.06%), State of California (0.06%), State of California (0.05%), City of Houston TX Hotel Occupancy Tax & Special Revenue (0.05%), City of Houston TX Hotel Occupancy Tax & Special Revenue (0.05%), New York State Dormitory Authority (0.05%). Gone: California (State of) (0.09%), San Diego (County of), CA Regional Transportation Commission (0.08%), Washington (State of) (0.08%), University of California (0.08%), New York (State of) Dormitory Authority (0.06%), Wisconsin (State of) Public Finance Authority (KU Campus Dev (0.05%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Wed, 29 Jul 2026 12:00:00 GMThttps://themulden.com/funds/pza/https://themulden.com/funds/pza/5,555 positions became 6,066: 625 added (7.64% of the fund), 114 dropped (1.56%). Turnover proxy 16.5%. Largest increases: University of California 0% to 0.13%; Texas Transportation Finance Corp. 0.03% to 0.11%; Texas Transportation Finance Corp. 0.01% to 0.08%; New Jersey Transportation Trust Fund Authority 0.02% to 0.09%; Wisconsin (State of) Public Finance Authority 0.02% to 0.09%; Oklahoma (State of) Turnpike Authority (Senior Bonds) 0.03% to 0.1%. Largest decreases: Massachusetts (Commonwealth of) 0.27% to 0.07%; California (State of) 0.2% to 0.08%; California (State of) 0.15% to 0.05%; California (State of) Health Facilities Financing Authority 0.1% to 0.02%; Triborough Bridge & Tunnel Authority 0.13% to 0.05%; Honolulu (City & County of), HI (Green Bonds) 0.09% to 0.01%. New: Hays Consolidated Independent School District (0.1%), Municipal Improvement Corp of Los Angeles (0.09%), New York City Municipal Water Finance Authority (0.09%), Battery Park City Authority (0.09%), New York State Thruway Authority (0.08%), New Jersey (State of) Transportation Trust Fund Authority (0.08%). Gone: New York (State of) Thruway Authority (0.11%), New York (City of), NY Transitional Finance Authority (0.1%), American Municipal Power, Inc. (Greenup Hydroelectric) (0.08%), New York (State of) Thruway Authority (0.05%), Michigan (State of) Finance Authority (Trinity Health Credit (0.05%), New York Transportation Development Corp. (Terminal 4 JFK In (0.05%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Tue, 28 Apr 2026 12:00:00 GMThttps://themulden.com/funds/pza/https://themulden.com/funds/pza/4,742 positions became 5,555: 897 added (8.99% of the fund), 84 dropped (1.32%). Turnover proxy 16.2%. Largest increases: JEA Water & Sewer System 0% to 0.06%; New York (City of), NY Municipal Water Finance Authority 0% to 0.06%; California (State of) 0% to 0.06%; Colorado (State of) Health Facilities Authority (CommonSpiri 0.01% to 0.07%; California (State of) 0% to 0.06%; Massachusetts (Commonwealth of) 0.03% to 0.08%. Largest decreases: Massachusetts (Commonwealth of) 0.45% to 0.27%; Board of Regents of the University of Texas System 0.21% to 0.07%; Georgia (State of) Municipal Electric Authority (Plant Vogtl 0.15% to 0.01%; Hamilton (County of), OH (Cincinnati Children's Hospital) 0.2% to 0.06%; Los Angeles (City of), CA (Green Bonds) 0.15% to 0.01%; University of California 0.22% to 0.09%. New: Salt River Project Agricultural Improvement & Power Dist (0.1%), Commonwealth of Massachusetts (0.1%), Orange (County of), FL Health Facilities Authority (Orlando (0.1%), Northwest Independent School District (0.09%), Texas Water Development Board (0.09%), New York State Dormitory Authority (0.08%). Gone: Lancaster School District (0.1%), Texas (State of) Water Development Board (0.09%), Greater New Orleans Expressway Commission (0.08%), South Dakota (State of) Health & Educational Facilities (0.04%), Illinois (State of) Finance Authority (Carle Foundation (The (0.04%), New York & New Jersey (States of) Port Authority (0.04%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Thu, 29 Jan 2026 12:00:00 GMThttps://themulden.com/funds/pza/https://themulden.com/funds/pza/4,068 positions became 4,742: 762 added (4.83% of the fund), 88 dropped (1.33%). Turnover proxy 12.3%. Largest increases: District of Columbia Water & Sewer Authority 0.03% to 0.09%; Arapahoe County School District No. 5 Cherry Creek 0% to 0.05%; Grand Parkway Transportation Corp. 0.04% to 0.09%; Triborough Bridge & Tunnel Authority (MTA Brdiges & 0.01% to 0.06%; Grand Parkway Transportation Corp. 0.01% to 0.06%; Colorado (State of) 0% to 0.05%. Largest decreases: Massachusetts (Commonwealth of) 0.29% to 0.03%; Colorado (State of) Health Facilities Authority (Adventhealt 0.3% to 0.11%; North Texas Tollway Authority 0.19% to 0.03%; New York (City of), NY Municipal Water Finance Authority 0.3% to 0.14%; California State University 0.23% to 0.07%; New York (City of), NY Municipal Water Finance Authority 0.19% to 0.04%. New: Mansfield Independent School District (0.1%), Hillsborough (County of), FL Industrial Development Authorit (0.09%), Seguin (City of), TX (0.09%), Utah Transit Authority (0.07%), State of California (0.07%), New York State Thruway Authority (0.06%). Gone: Massachusetts (Commonwealth of) Development Finance Agency ( (0.09%), Sacramento (County of), CA (0.09%), New York & New Jersey (States of) Port Authority (0.07%), New Jersey (State of) Transportation Trust Fund Authority (0.05%), New York (City of), NY Municipal Water Finance Authority (0.05%), Montgomery Independent School District (0.04%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Wed, 29 Oct 2025 12:00:00 GMThttps://themulden.com/funds/pza/https://themulden.com/funds/pza/3,263 positions became 4,068: 904 added (5.41% of the fund), 99 dropped (3%). Turnover proxy 14.4%. Largest increases: Massachusetts (Commonwealth of) (Rail Enhancement Program) ( 0.01% to 0.09%; Maryland (State of) Stadium Authority 0.04% to 0.11%; New York (State of) Dormitory Authority 0.14% to 0.2%; Chaffey Joint Union High School District 0% to 0.06%; Massachusetts (Commonwealth of) 0.06% to 0.11%; Tarrant County Cultural Education Facilities Finance Corp. ( 0.03% to 0.08%. Largest decreases: Licking Heights Local School District 0.32% to 0.01%; Triborough Bridge & Tunnel Authority (MTA Bridges & 0.33% to 0.06%; Medford (City of), OR Hospital Facilities Authority (Asante) 0.22% to 0.03%; Pennsylvania (Commonwealth of) Economic Development Financin 0.25% to 0.08%; Broome County Local Development Corp. (United Health Service 0.22% to 0.04%; California (State of) Municipal Finance Authority (Orange Co 0.2% to 0.04%. New: California Educational Facilities Authority (0.09%), New York State Dormitory Authority (0.09%), City of Los Angeles Department of Airports (0.07%), Oklahoma Turnpike Authority (0.07%), City of New York NY (0.07%), Franklin Public School District (0.07%). Gone: New York (State of) Dormitory Authority (Cornell University) (0.22%), St. Lucie County School Board (0.17%), Allegheny (County of), PA (0.15%), Colorado (State of) Health Facilities Authority (Adventhealt (0.14%), Houston (City of), TX (0.12%), Louisiana (State of) Local Government Environmental Faciliti (0.11%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Mon, 28 Jul 2025 12:00:00 GMThttps://themulden.com/funds/pza/https://themulden.com/funds/pza/2,976 positions became 3,263: 431 added (3.12% of the fund), 144 dropped (4.53%). Turnover proxy 6.6%. Largest increases: Metropolitan Transportation Authority Dedicated Tax Fund 0.01% to 0.11%; New York (City of), NY Transitional Finance Authority 0.01% to 0.05%; California (State of) Public Works Board (Green Bonds) 0.02% to 0.06%; Austin Independent School District 0% to 0.04%; State of Washington 0% to 0.04%; South Carolina Public Service Authority 0% to 0.04%. Largest decreases: Jurupa Unified School District 0.32% to 0.24%; Sacramento (County of), CA 0.07% to 0%; Oregon (State of) (Article XI-G OHSU) 0.17% to 0.1%; California (State of) Health Facilities Financing Authority 0.13% to 0.08%; Medford (City of), OR Hospital Facilities Authority (Asante) 0.13% to 0.07%; Metropolitan Transportation Authority 0.05% to 0%. New: New York State Dormitory Authority (0.14%), Chicago Transit Authority Sales Tax Receipts Fund (0.09%), San Francisco City & County Airport Comm-San Francisco I (0.07%), New Jersey Transportation Trust Fund Authority (0.07%), New Jersey Transportation Trust Fund Authority (0.06%), New Jersey Transportation Trust Fund Authority (0.06%). Gone: University of Oregon (0.24%), Sales Tax Securitization Corp. (0.17%), New York (State of) Thruway Authority (0.16%), North Royalton City School District (0.16%), New York (State of) Dormitory Authority (0.14%), Texas (State of) Water Development Board (0.13%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Mon, 28 Apr 2025 12:00:00 GMThttps://themulden.com/funds/pza/https://themulden.com/funds/pza/2,289 positions became 2,976: 786 added (8.08% of the fund), 99 dropped (3.25%). Turnover proxy 10.7%. Largest increases: County of Jefferson AL Sewer Revenue 0% to 0.1%; New York State Dormitory Authority 0.08% to 0.14%; Virginia Small Business Financing Authority 0.02% to 0.07%; Texas State University System 0.02% to 0.06%; New Jersey Transportation Trust Fund Authority 0% to 0.05%; Texas Water Development Board 0.04% to 0.09%. Largest decreases: Chicago (City of), IL Transit Authority 0.19% to 0.03%; California (State of) 0.17% to 0.01%; Colorado (State of) Health Facilities Authority (Adventhealt 0.24% to 0.18%; Maricopa (County of), AZ Industrial Development Authority (H 0.12% to 0.06%; Massachusetts (Commonwealth of) 0.66% to 0.6%; Commonwealth of Massachusetts 0.06% to 0%. New: County of Jefferson AL Sewer Revenue (0.14%), Oklahoma (State of) Turnpike Authority (0.1%), Massachusetts Development Finance Agency (0.09%), New Jersey Transportation Trust Fund Authority (0.09%), California (State of) (0.09%), Metropolitan Transportation Authority (Green Bonds) (0.07%). Gone: California (State of) (0.17%), Chicago (City of), IL Transit Authority (0.17%), South Carolina (State of) Public Service Authority (0.16%), Miami Beach (City of), FL Redevelopment Agency (City Center) (0.14%), Harris (County of) & Houston (City of), TX Sports Author (0.14%), Iowa (State of) Finance Authority (Iowa Fertilizer Co.) (0.12%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Wed, 29 Jan 2025 12:00:00 GMThttps://themulden.com/funds/pza/https://themulden.com/funds/pza/2,095 positions became 2,289: 286 added (3.42% of the fund), 92 dropped (2.29%). Turnover proxy 4.8%. Largest increases: Lower Alabama Gas District (The) 0.02% to 0.08%; Louisiana Public Facilities Authority 0.03% to 0.08%; County of Allen OH Hospital Facilities Revenue 0.01% to 0.05%; New York City Transitional Finance Authority 0.11% to 0.14%; Louisiana Public Facilities Authority 0.01% to 0.04%; Montgomery Independent School District 0.02% to 0.05%. Largest decreases: Massachusetts (Commonwealth of) Water Resources Authority 0.19% to 0.12%; California (State of) Health Facilities Financing Authority 0.06% to 0.03%; Massachusetts (Commonwealth of) 0.67% to 0.66%; Baltimore (City of), MD (Water) 0.35% to 0.34%; University of California 0.35% to 0.34%; Licking Heights Local School District 0.39% to 0.38%. New: Miami-Dade (County of), FL (0.08%), New Jersey Transportation Trust Fund Authority (0.08%), Long Island Power Authority (0.08%), Long Island Power Authority (0.08%), North Ridgeville City School District (0.07%), South Carolina Jobs-Economic Development Authority (0.06%). Gone: California (State of) Educational Facilities Authority (Stan (0.21%), Commonwealth Financing Authority (0.09%), Newark (City of), NJ Housing Authority (0.09%), Energy Northwest (Columbia Generating Station) (0.08%), MTA Hudson Rail Yards Trust Obligations (0.08%), California Health Facilities Financing Authority (0.07%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Mon, 28 Oct 2024 12:00:00 GMThttps://themulden.com/funds/pza/https://themulden.com/funds/pza/1,634 positions became 2,095: 490 added (5.15% of the fund), 29 dropped (1.45%). Turnover proxy 6.2%. Largest increases: Washington Metropolitan Area Transit Authority (Green Bonds) 0% to 0.06%; Metropolitan Washington Airports Authority 0.06% to 0.11%; New York (State of) Dormitory Authority 0.04% to 0.09%; Idaho (State of) Housing & Finance Association 0.07% to 0.11%; New York (City of), NY Municipal Water Finance Authority 0.01% to 0.05%; Hampton (City of), VA Roads Transportation Accountability Co 0.01% to 0.04%. Largest decreases: Massachusetts (Commonwealth of) 0.71% to 0.67%; San Diego Unified School District (Election of 2012) 0.54% to 0.51%; California (State of) 0.43% to 0.4%; Colorado (State of) Health Facilities Authority (Adventhealt 0.53% to 0.5%; New York (City of), NY Municipal Water Finance Authority 0.38% to 0.36%; Board of Regents of the University of Texas System 0.25% to 0.23%. New: New York State Dormitory Authority (0.15%), New York City Transitional Finance Authority (0.11%), District of Columbia Income Tax Revenue (0.1%), New Jersey Educational Facilities Authority (0.09%), New York City Municipal Water Finance Authority (0.09%), Michigan (State of) (0.08%). Gone: New York (City of), NY Transitional Finance Authority (0.19%), San Diego Unified School District (Election of 2012) (0.16%), New York (City of), NY Transitional Finance Authority (0.11%), California State University (0.1%), New York (State of) Utility Debt Securitization Authority (0.07%), North Texas Tollway Authority (0.07%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Tue, 30 Jul 2024 12:00:00 GMThttps://themulden.com/funds/pza/https://themulden.com/funds/pza/1,284 positions became 1,634: 369 added (7.58% of the fund), 19 dropped (1.22%). Turnover proxy 8.2%. Largest increases: Commonwealth of Massachusetts 0% to 0.06%; New Jersey (State of) Transportation Trust Fund Authority 0.04% to 0.08%; New Jersey (State of) Transportation Trust Fund Authority 0.04% to 0.08%; San Antonio Public Facilities Corp. 0.01% to 0.06%; Metropolitan Transportation Authority 0% to 0.04%; New York City Municipal Water Finance Authority 0% to 0.04%. Largest decreases: Colorado (State of) Health Facilities Authority (Adventhealt 0.32% to 0.26%; New Hampshire (State of) Business Finance Authority (St. Luk 0.06% to 0.01%; Maricopa (County of), AZ Industrial Development Authority (H 0.17% to 0.12%; Bucks (County of), PA Industrial Development Authority (St. 0.08% to 0.03%; Massachusetts (Commonwealth of) 0.76% to 0.71%; Montgomery (County of), OH (Kettering Health Network Obligat 0.1% to 0.06%. New: California (State of) (0.13%), Atlanta (City of), GA (0.11%), Commonwealth of Massachusetts (0.1%), Commonwealth Financing Authority (0.1%), New York State Urban Development Corp. (0.08%), Triborough Bridge & Tunnel Authority Sales Tax Revenue (0.08%). Gone: Metropolitan Transportation Authority (0.27%), New York (City of), NY (0.26%), New York (City of), NY Transitional Finance Authority (0.12%), Public Authority for Colorado Energy (0.07%), Triborough Bridge & Tunnel Authority (0.06%), Miami Beach (City of), FL Health Facilities Authority (Mt. S (0.06%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Mon, 29 Apr 2024 12:00:00 GMThttps://themulden.com/funds/pza/https://themulden.com/funds/pza/1,021 positions became 1,284: 290 added (11.52% of the fund), 27 dropped (2.58%). Turnover proxy 11.7%. Largest increases: California (State of) Health Facilities Financing Authority 0.04% to 0.13%; New York State Urban Development Corp. 0.04% to 0.09%; New York (State of) Dormitory Authority 0.04% to 0.05%; Glynn (County of) & Brunswick (City of), GA Memorial Hos 0.12% to 0.12%; New York (State of) Dormitory Authority (State University of 0.04% to 0.04%. Largest decreases: Miami Beach (City of), FL 0.6% to 0.14%; Los Angeles (County of), CA Public Works Financing Authority 0.51% to 0.06%; Los Angeles (City of), CA Department of Water & Power 0.34% to 0.03%; Los Angeles (City of), CA Department of Water & Power 0.27% to 0.01%; Oklahoma (State of) Turnpike Authority 0.22% to 0.04%; Jefferson (County of), AL 0.22% to 0.04%. New: State of California (0.46%), State of California (0.31%), California (State of) Health Facilities Financing Authority (0.18%), City of Fort Lauderdale FL Water & Sewer Revenue (0.18%), New York (State of) Dormitory Authority (0.13%), City of Jacksonville FL (0.13%). Gone: Ohio State University (The) (0.34%), Chicago (City of), IL Board of Education (0.24%), New York (State of) Dormitory Authority (Columbia University (0.23%), Washington (State of) Health Care Facilities Authority (Seat (0.23%), Pennsylvania (Commonwealth of) Turnpike Commission (0.22%), Massachusetts (Commonwealth of) (0.22%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Mon, 29 Jan 2024 12:00:00 GMThttps://themulden.com/funds/pza/https://themulden.com/funds/pza/916 positions became 1,021: 127 added (10.42% of the fund), 22 dropped (1.86%). Turnover proxy 10.4%. Largest increases: Berks (County of), PA Industrial Development Authority (Towe 0.02% to 0.03%. Largest decreases: Commonwealth of Massachusetts 0.9% to 0.81%; Colorado (State of) Health Facilities Authority (Adventhealt 0.67% to 0.6%; San Diego Unified School District (Election of 2012) 0.66% to 0.6%; Licking Heights Local School District 0.52% to 0.47%; Los Angeles (County of), CA Public Works Financing Authority 0.56% to 0.51%; Jurupa Unified School District 0.47% to 0.43%. New: City of Miami Beach FL (0.6%), Los Angeles (City of), CA Department of Water & Power (0.34%), Los Angeles (City of), CA Department of Water & Power (0.27%), New York State Thruway Authority (0.27%), Board of Regents of the University of Texas System (0.27%), Chicago (City of), IL Transit Authority (0.25%). Gone: New York (City of), NY (0.32%), Sales Tax Securitization Corp. (0.27%), Washington (State of) (0.25%), New York (City of), NY Transitional Finance Authority (0.14%), University of Arkansas (Fayetteville Campus) (0.1%), New Jersey (State of) Transportation Trust Fund Authority (0.07%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Mon, 30 Oct 2023 12:00:00 GMThttps://themulden.com/funds/pza/https://themulden.com/funds/pza/884 positions became 916: 35 added (2.81% of the fund), 3 dropped (0.23%). Turnover proxy 3%. Largest increases: Broome County Local Development Corp. (United Health Service 0.29% to 0.31%; Triborough Bridge & Tunnel Authority (MTA Bridges & 0.44% to 0.45%; Miami Beach (City of), FL 0.26% to 0.27%; Hamilton (County of), OH (Cincinnati Children's Hospital) 0.3% to 0.31%; Sales Tax Securitization Corp. 0.27% to 0.27%; New York Liberty Development Corp. (Green Bonds) 0.17% to 0.17%. Largest decreases: Colorado (State of) Health Facilities Authority (Adventhealt 0.88% to 0.67%; Waller Consolidated Independent School District 0.27% to 0.09%; Colorado (State of) Health Facilities Authority (Adventhealt 0.53% to 0.38%; Socorro Independent School District 0.19% to 0.05%; Colorado (State of) Health Facilities Authority (Adventhealt 0.34% to 0.2%; Mesquite Independent School District 0.18% to 0.09%. New: New York City Municipal Water Finance Authority (0.26%), New York City Municipal Water Finance Authority (0.24%), City of New York NY (0.16%), Illinois Finance Authority (0.16%), New York City Municipal Water Finance Authority (0.13%), New York City Transitional Finance Authority Future Tax Secu (0.1%). Gone: Colorado (State of) Health Facilities Authority (Parkview Me (0.11%), Colorado (State of) Health Facilities Authority (SCL Health (0.07%), Colorado (State of) Health Facilities Authority (Adventhealt (0.05%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Fri, 28 Jul 2023 12:00:00 GMThttps://themulden.com/funds/pza/https://themulden.com/funds/pza/821 positions became 884: 70 added (7.84% of the fund), 7 dropped (1.36%). Turnover proxy 8%. Largest increases: Central Puget Sound Regional Transit Authority (Green Bonds) 0.08% to 0.23%; Texas State Technical College 0.06% to 0.11%; Illinois (State of) Finance Authority (Chicago LLC - Univers 0.05% to 0.05%. Largest decreases: South Carolina (State of) Public Service Authority 0.18% to 0.06%; Colorado (State of) Health Facilities Authority (Adventhealt 0.94% to 0.88%; San Diego Unified School District 0.72% to 0.66%; Clifton Higher Education Finance Corp. (Idea Public Schools) 0.44% to 0.39%; Triborough Bridge & Tunnel Authority (MTA Bridges & 0.48% to 0.44%; Los Angeles (County of), CA Public Works Financing Authority 0.61% to 0.57%. New: Commonwealth of Massachusetts (0.91%), City of Dallas TX Waterworks & Sewer System Revenue (0.32%), Weld County School District No RE-4 (0.27%), Sales Tax Securitization Corp. (0.27%), Waller Consolidated Independent School District (0.27%), New York City Transitional Finance Authority Future Tax Secu (0.27%). Gone: New York (City of), NY Municipal Water Finance Authority (0.49%), New York (City of), NY Transitional Finance Authority (0.41%), North Texas Tollway Authority (0.13%), Colorado (State of) Health Facilities Authority (Intermounta (0.12%), Pennsylvania (Commonwealth of) Turnpike Commission (0.1%), Illinois (State of) Finance Authority (Carle Foundation (The (0.08%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Mon, 01 May 2023 12:00:00 GMThttps://themulden.com/funds/pza/https://themulden.com/funds/pza/751 positions became 821: 106 added (7.92% of the fund), 36 dropped (5%). Turnover proxy 8.4%. Largest increases: San Diego Unified School District 0.69% to 0.72%; California (State of) Health Facilities Financing Authority 0.35% to 0.37%; New York (City of), NY Transitional Finance Authority 0.4% to 0.41%; Clifton Higher Education Finance Corp. (Idea Public Schools) 0.42% to 0.44%; Triborough Bridge & Tunnel Authority (MTA Bridges & 0.47% to 0.48%; Miami Beach (City of), FL 0.28% to 0.29%. Largest decreases: Massachusetts (Commonwealth of) 0.59% to 0.09%; Ohio (State of) Water Development Authority (Water Pollution 0.56% to 0.06%; Chicago (City of), IL Transit Authority 0.53% to 0.05%; Dallas (City of), TX 0.33% to 0.05%; Ysleta Independent School District 0.38% to 0.12%; New York & New Jersey (States of) Port Authority 0.32% to 0.08%. New: Mountain View-Whisman School District (0.3%), New Jersey Turnpike Authority (0.3%), Triborough Bridge & Tunnel Authority Sales Tax Revenue (0.28%), Liberty Hill Independent School District (0.28%), New Jersey Economic Development Authority (0.27%), New Jersey Turnpike Authority (0.2%). Gone: Los Angeles County Metropolitan Transportation Authority Sal (1.04%), Massachusetts (State of) School Building Authority (0.47%), Massachusetts Bay Transportation Authority Sales Tax Revenue (0.38%), Commonwealth of Massachusetts (0.37%), State of California (0.19%), University of Michigan (0.18%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Mon, 30 Jan 2023 12:00:00 GMThttps://themulden.com/funds/pza/https://themulden.com/funds/pza/721 positions became 751: 64 added (5.76% of the fund), 34 dropped (2.83%). Turnover proxy 7.4%. Largest increases: New Jersey (State of) Turnpike Authority 0.15% to 0.26%; New Jersey (State of) Turnpike Authority 0.15% to 0.24%; Washington Metropolitan Area Transit Authority Dedicated Rev 0.01% to 0.06%; San Antonio (City of), TX 0.03% to 0.08%; Washington Metropolitan Area Transit Authority Dedicated Rev 0.01% to 0.06%; City of Grand Forks ND 0.01% to 0.05%. Largest decreases: California State University 0.6% to 0.13%; Metropolitan Transportation Authority 0.65% to 0.34%; Central Puget Sound Regional Transit Authority 0.35% to 0.08%; Inland Valley Development Agency 0.3% to 0.05%; New York (State of) Dormitory Authority (New York University 0.38% to 0.14%; City of Salt Lake City UT Airport Revenue 0.21% to 0.03%. New: Licking Heights Local School District (0.56%), Triborough Bridge & Tunnel Authority Sales Tax Revenue (0.47%), University of California (0.25%), Humble Independent School District (0.24%), Alabama Corrections Institution Finance Authority (0.17%), Alabama Corrections Institution Finance Authority (0.16%). Gone: Austin (City of), TX (0.27%), New York (State of) Dormitory Authority (0.24%), Los Angeles (County of), CA Public Works Financing Authority (0.19%), Los Angeles (County of), CA Public Works Financing Authority (0.19%), Los Angeles (County of), CA Metropolitan Transportation Auth (0.19%), Pierce County School District No. 403 Bethel (0.18%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Mon, 31 Oct 2022 12:00:00 GMThttps://themulden.com/funds/pza/https://themulden.com/funds/pza/732 positions became 721: 36 added (5.81% of the fund), 47 dropped (9.26%). Turnover proxy 11.1%. Largest increases: South Carolina (State of) Public Service Authority 0.14% to 0.39%; Metropolitan Transportation Authority 0.58% to 0.65%; Los Angeles (County of), CA Metropolitan Transportation Auth 1% to 1.07%; Los Angeles (County of), CA Public Works Financing Authority 0.54% to 0.59%; New York (City of), NY Municipal Water Finance Authority 0.42% to 0.48%; Ohio State University (The) 0.52% to 0.57%. Largest decreases: Clark (County of), NV Department of Aviation 0.46% to 0.05%; Sales Tax Securitization Corp. 0.49% to 0.27%; Build NYC Resource Corp. (New York Law School) 0.24% to 0.05%; Connecticut (State of) 0.17% to 0.01%; Connecticut (State of) 0.18% to 0.04%; Hillsborough (County of), FL Aviation Authority (Tampa Inter 0.34% to 0.2%. New: Harris County Cultural Education Facilities Finance Corp. (M (0.4%), Ysleta Independent School District (0.38%), New York (State of) Dormitory Authority (Northwell Health Ob (0.29%), New York State Environmental Facilities Corp. (NYC Municipal (0.28%), Triborough Bridge & Tunnel Authority (0.28%), El Paso (City of), TX (0.28%). Gone: Chicago (City of), IL (1.04%), King (County of), WA (0.44%), Chicago (City of), IL (O'Hare International Airport) (0.37%), Los Angeles (City of), CA Department of Water & Power (0.35%), New York (State of) Dormitory Authority (State University of (0.3%), Pennsylvania (Commonwealth of) Turnpike Commission (0.3%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Fri, 29 Jul 2022 12:00:00 GMThttps://themulden.com/funds/pza/https://themulden.com/funds/pza/711 positions became 732: 39 added (4.07% of the fund), 18 dropped (4.52%). Turnover proxy 5.8%. Largest increases: Chicago (City of), IL 0.98% to 1.04%; Metropolitan Transportation Authority 0.56% to 0.58%; Ohio State University (The) 0.5% to 0.52%; New York (City of), NY Municipal Water Finance Authority 0.41% to 0.42%; King (County of), WA 0.42% to 0.44%; Los Angeles (City of), CA Department of Water & Power 0.33% to 0.35%. Largest decreases: Texas (State of) Water Development Board 0.5% to 0.2%; San Antonio (City of), TX 0.48% to 0.25%; Prosper Independent School District 0.32% to 0.1%; San Diego Unified School District 0.84% to 0.68%; San Antonio (City of), TX Water System 0.3% to 0.15%; Hamilton (County of), OH (Cincinnati Children's Hospital) 0.37% to 0.35%. New: Triborough Bridge & Tunnel Authority (MTA Bridges & (0.48%), Los Angeles (City of), CA Department of Airports (0.24%), Los Angeles (City of), CA Department of Water & Power (0.21%), New York (City of), NY Transitional Finance Authority (0.16%), Massachusetts (State of) School Building Authority (0.15%), New York (City of), NY Transitional Finance Authority (0.15%). Gone: Bexar (County of), TX (0.67%), New York City (City of) Water & Sewer System (0.6%), Los Angeles (City of), CA Department of Water & Power (0.45%), Metropolitan Transportation Authority (0.41%), Houston (City of), TX (0.38%), New York City (City of) Water & Sewer System (0.35%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Wed, 27 Apr 2022 12:00:00 GMThttps://themulden.com/funds/pza/https://themulden.com/funds/pza/686 positions became 711: 34 added (4.79% of the fund), 9 dropped (0.7%). Turnover proxy 4.8%. Largest decreases: King (County of), WA 0.66% to 0.42%; San Diego Unified School District 0.99% to 0.84%; Chicago (City of), IL 1.02% to 0.98%; Colorado (State of) Health Facilities Authority (Adventhealt 0.99% to 0.95%; Los Angeles (County of), CA Metropolitan Transportation Auth 1.03% to 1%; Colorado (State of) Health Facilities Authority (Adventhealt 0.67% to 0.64%. New: Bexar (County of), TX (0.67%), New York (City of), NY (0.48%), Houston (City of), TX (0.38%), California (State of) (0.29%), Mobile (City of), AL Infirmary Health System Special Care Fa (0.23%), Metropolitan Council (0.21%). Gone: Long Island Power Authority (0.2%), New York (State of) Dormitory Authority (New School (The)) (0.16%), Val Verde Unified School District (0.12%), Val Verde Unified School District (0.09%), Central Texas Regional Mobility Authority (0.06%), Central Texas Regional Mobility Authority (0.03%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Mon, 31 Jan 2022 12:00:00 GMThttps://themulden.com/funds/pza/https://themulden.com/funds/pza/661 positions became 686: 35 added (6.15% of the fund), 10 dropped (1.78%). Turnover proxy 6.5%. Largest increases: New York City (City of) Water & Sewer System 0.28% to 0.63%; Berks (County of), PA Industrial Development Authority (Towe 0.04% to 0.04%. Largest decreases: Chicago (City of), IL 1.08% to 1.02%; Los Angeles (County of), CA Metropolitan Transportation Auth 1.09% to 1.03%; San Diego Unified School District 1.04% to 0.99%; King (County of), WA 0.7% to 0.66%; California State University 0.6% to 0.57%; Metropolitan Transportation Authority 0.61% to 0.58%. New: Colorado (State of) Health Facilities Authority (Adventhealt (0.99%), Colorado (State of) Health Facilities Authority (Adventhealt (0.67%), Colorado (State of) Health Facilities Authority (Adventhealt (0.37%), New York (State of) Dormitory Authority (New York University (0.27%), New York (City of), NY Transitional Finance Authority (0.25%), Triborough Bridge & Tunnel Authority (0.25%). Gone: Massachusetts (Sate of) Water Resources Authority (0.52%), Dallas (City of), TX (0.39%), Houston (City of), TX (0.33%), Erie (County of), NY (0.22%), New York City (City of), NY Transitional Finance Authority (0.18%), Washington (State of) (SR 520 Corridor Program - Toll Revenu (0.06%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Mon, 01 Nov 2021 12:00:00 GMThttps://themulden.com/funds/pza/https://themulden.com/funds/pza/574 positions became 661: 92 added (6.68% of the fund), 5 dropped (2.61%). Turnover proxy 8.2%. Largest increases: Los Angeles (County of), CA Metropolitan Transportation Auth 0.54% to 1.09%; California (State of) Health Facilities Financing Authority 0.12% to 0.38%; Broome County Local Development Corp. (United Health Service 0.17% to 0.4%; Maine (State of) Health & Higher Educational Facilities 0.1% to 0.23%; Montgomery (County of), OH (Kettering Health Network) 0.05% to 0.17%; Bucks (County of), PA Industrial Development Authority (St. 0.05% to 0.14%. Largest decreases: California (State of) Educational Facilities Authority (Stan 0.65% to 0.32%; Hutto (City of), TX 0.53% to 0.26%; Dallas (City of), TX 0.66% to 0.39%; San Antonio (City of), TX Water System 0.57% to 0.33%; Broome County Local Development Corp. (United Health Service 0.38% to 0.14%; California (State of) Educational Facilities Authority (Pepp 0.16% to 0.05%. New: Pennsylvania (State of) Economic Development Financing Autho (0.56%), Pennsylvania (State of) Economic Development Financing Autho (0.54%), Hamilton (County of), OH (Cincinnati Children's Hospital) (0.4%), University of Arkansas (0.28%), Washington (State of) Health Care Facilities Authority (Seat (0.28%), Chester (County of) Health and Education Facilities Authorit (0.25%). Gone: New York (State of) Dormitory Authority (0.96%), San Diego Unified School District (0.84%), Los Angeles (County of), CA Metropolitan Transportation Auth (0.6%), New York (State of) Dormitory Authority (0.19%), New York City (City of), NY Industrial Development Agency Qu (0.02%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Fri, 30 Jul 2021 12:00:00 GMThttps://themulden.com/funds/pza/https://themulden.com/funds/pza/504 positions became 574: 76 added (5.65% of the fund), 6 dropped (1%). Turnover proxy 5.7%. Largest increases: Birmingham (City of) & Jefferson (County of), AL Civic C 0.15% to 0.16%; Illinois (State of) Finance Authority (Chicago LLC - Univers 0.05% to 0.05%; Metropolitan Transportation Authority 0.26% to 0.26%; Illinois (State of) 0.08% to 0.08%; Chicago (City of), IL 0.1% to 0.1%; Baltimore (City of), MD 0.04% to 0.05%. Largest decreases: New York (State of) Dormitory Authority 1.2% to 0.96%; Chino Valley Unified School District 0.53% to 0.38%; San Diego Unified School District 0.92% to 0.84%; California (State of) Educational Facilities Authority (Stan 0.73% to 0.65%; San Diego Unified School District 1.14% to 1.07%; Massachusetts (Commonwealth of) 0.66% to 0.62%. New: New York (City of), NY Industrial Development Agency (Queens (0.24%), New York Transportation Development Corp. (Terminal 4 JFK In (0.23%), Illinois (State of) Toll Highway Authority (0.23%), Weld County School District No. Re-5J (0.22%), Maricopa (County of), AZ Industrial Development Authority (H (0.2%), Denver City & County School District No. 1 (0.2%). Gone: Miami-Dade (County of), FL (0.34%), San Diego Unified School District (0.25%), Puerto Rico (Commonwealth of) Aqueduct & Sewer Authority (0.2%), Chula Vista (City of), CA (San Diego Gas & Electric Co.) (0.17%), Connecticut (State of) (0.02%), Chicago (City of), IL (0.02%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Thu, 29 Apr 2021 12:00:00 GMThttps://themulden.com/funds/pza/https://themulden.com/funds/pza/515 positions became 504: 22 added (2.04% of the fund), 33 dropped (11.79%). Turnover proxy 20.9%. Largest increases: San Diego Unified School District 0.9% to 1.14%; Chicago (City of), IL 0.96% to 1.2%; New York (State of) Dormitory Authority 0.97% to 1.2%; San Diego Unified School District 0.72% to 0.92%; CALIFORNIA EDUCATIONAL FACILITIES AUTHORITY 130178JD9 0.57% to 0.73%; King (County of), WA 0.63% to 0.78%. Largest decreases: San Diego Unified School District 1.34% to 0.13%; Weld County School District Re-2 0.95% to 0.22%; Los Angeles (City of), CA Department of Water & Power 0.6% to 0.15%; Charlotte (City of), NC 0.55% to 0.1%; Austin (City of), TX 0.73% to 0.3%; San Diego Unified School District (Election of 2012) 0.66% to 0.24%. New: New York (City of), NY Industrial Development Agency (Yankee (0.25%), Wisconsin (State of) Public Finance Authority (Renown Region (0.25%), Massachusetts (Commonwealth of) (0.22%), Natomas Unified School District (0.21%), Illinois (State of) Finance Authority (OSF Healthcare System (0.19%), Massachusetts (Commonwealth of) (0.16%). Gone: New York (City of) Water & Sewer System (1.58%), Los Angeles (City of), CA Department of Water & Power (1.46%), Bay Area Toll Authority (1.21%), New York (State of) Dormitory Authority (Montefiore Obligate (1.19%), New York (City of) (1.13%), Weld County School District No. 6 Greeley (0.97%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Fri, 29 Jan 2021 12:00:00 GMThttps://themulden.com/funds/pza/https://themulden.com/funds/pza/428 positions became 515: 102 added (27.69% of the fund), 15 dropped (1.46%). Turnover proxy 28.6%. Largest increases: Los Angeles (City of), CA Department of Water & Power 0.69% to 1.46%; California State University 0.16% to 0.28%. Largest decreases: New York (State of) Dormitory Authority (Montefiore Obligate 1.62% to 1.19%; Weld County School District No. 6 Greeley 1.37% to 0.97%; Chicago (City of), IL 1.35% to 0.96%; Weld County School District Re-2 1.32% to 0.95%; San Francisco (City & County of), CA Airport Commission 1.06% to 0.76%; Austin (City of), TX 1.02% to 0.73%. New: New York (City of) Water & Sewer System (1.58%), San Diego Unified School District (1.34%), Bay Area Toll Authority (1.21%), New York (City of) (1.13%), New York (State of) Dormitory Authority (0.97%), San Diego Unified School District (0.9%). Gone: Long Island Power Authority (0.4%), Gainesville & Hall (County of) Hospital Authority (USG R (0.17%), New York (State of) Dormitory Authority (Cornell University) (0.16%), Miami (City of), FL (Marlins Stadium) (0.13%), Miami (City of), FL (Marlins Stadium) (0.11%), Birmingham (City of), AL Airport Authority (0.08%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Fri, 30 Oct 2020 12:00:00 GMThttps://themulden.com/funds/pza/https://themulden.com/funds/pza/455 positions became 428: 14 added (3.31% of the fund), 41 dropped (17.36%). Turnover proxy 18.8%. Largest increases: Weld County School District No. 6 Greeley 1.11% to 1.37%; Chicago (City of), IL 1.11% to 1.35%; Weld County School District Re-2 1.09% to 1.32%; New York (State of) Dormitory Authority (Montefiore Obligate 1.4% to 1.62%; Austin (City of), TX 0.83% to 1.02%; King (County of), WA 0.7% to 0.88%. Largest decreases: Jasper (City of), AL 1% to 0.25%; New York & New Jersey (States of) Port Authority 0.93% to 0.27%; Los Angeles (City of), CA Department of Airports 0.09% to 0.04%; Franklin (County of), OH Convention Facilities Authority 0.05% to 0.05%; Baltimore (City of), MD 0.05% to 0.05%; New Hope Cultural Education Facilities Finance Corp. (Cardin 0.05% to 0.04%. New: Chino Valley Unified School District (0.58%), Metropolitan Transportation Authority (0.4%), Metropolitan Transportation Authority (0.35%), Phoenix Civic Improvement Corp. (0.35%), New York State Environmental Facilities Corp. (0.34%), Phoenix Civic Improvement Corp. (0.3%). Gone: Alaska Housing Finance Corp. (1.24%), Arapahoe County School District No. 6 Littleton (1.13%), Hillsborough (County of), FL Aviation Authority (Tampa Inter (1.08%), Grand Parkway Transportation Corp. (1.07%), Houston (City of), TX (1.07%), Massachusetts (State of) School Building Authority (0.82%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Thu, 30 Jul 2020 12:00:00 GMThttps://themulden.com/funds/pza/https://themulden.com/funds/pza/424 positions became 455: 37 added (13.08% of the fund), 6 dropped (3.41%). Turnover proxy 13.1%. Largest decreases: Alaska Housing Finance Corp. 1.44% to 1.24%; Houston (City of), TX 1.23% to 1.07%; Chicago (City of), IL 1.27% to 1.11%; Arapahoe County School District No. 6 Littleton 1.25% to 1.13%; Hillsborough (County of), FL Aviation Authority (Tampa Inter 1.2% to 1.08%; Grand Parkway Transportation Corp. 1.19% to 1.07%. New: New York (State of) Dormitory Authority (Montefiore Obligate (1.4%), Weld County School District No. 6 Greeley (1.11%), Weld County School District Re-2 (1.09%), New York (City of), NY Municipal Water Finance Authority (0.7%), Manor Independent School District (0.69%), San Antonio (City of), TX Water System (0.56%). Gone: California (State of) (1.63%), New York (City of), NY (0.98%), Pennsylvania (State of) Turnpike Commission (0.47%), North Fort Bend Water Authority (0.25%), New York (State of) Dormitory Authority (0.07%), Indianapolis (State of) Local Public Improvement Bond Bank ( (0.03%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Wed, 29 Apr 2020 12:00:00 GMT