Each N-PORT filing of SHM 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/shm/https://themulden.com/funds/shm/988 positions became 1,044: 145 added (10.68% of the fund), 89 dropped (9.88%). Turnover proxy 11.4%. Largest increases: State Street Global Advisors 0.19% to 0.56%; Kentucky Public Energy Authority 0.07% to 0.16%; California Community Choice Financing Authority 0.03% to 0.11%; Tennergy Corp/TN 0.03% to 0.09%; Main Street Natural Gas Inc 0.21% to 0.27%; California Community Choice Financing Authority 0.18% to 0.21%. Largest decreases: City of New York NY 0.91% to 0.45%; Alabama Federal Aid Highway Finance Authority 0.39% to 0.31%; Arizona Department of Transportation State Highway Fund Reve 0.19% to 0.13%; Maricopa County Union High School District No 210-Phoenix 0.1% to 0.04%; City of Dallas TX 0.12% to 0.06%; Cypress-Fairbanks Independent School District 0.09% to 0.03%. New: County of Prince George's MD (0.31%), University of Utah/The (0.24%), State of Connecticut (0.24%), State of Connecticut (0.24%), City of Boston MA (0.23%), State of Maryland (0.19%). Gone: New York City Transitional Finance Authority Future Tax Secu (0.52%), Triborough Bridge & Tunnel Authority (0.51%), New Jersey Educational Facilities Authority (0.37%), California State Public Works Board (0.36%), State of New Mexico Severance Tax Permanent Fund (0.36%), New York State Thruway Authority (0.33%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Fri, 28 Aug 2026 12:00:00 GMThttps://themulden.com/funds/shm/https://themulden.com/funds/shm/963 positions became 988: 121 added (8.58% of the fund), 96 dropped (9.19%). Turnover proxy 9.6%. Largest increases: Central Plains Energy Project 0.03% to 0.18%; Main Street Natural Gas Inc 0.05% to 0.17%; Central Plains Energy Project 0.06% to 0.15%; Southeast Energy Authority A Cooperative District 0.12% to 0.18%; New Mexico Municipal Energy Acquisition Authority 0.15% to 0.21%; Main Street Natural Gas Inc 0.14% to 0.21%. Largest decreases: County of Williamson TX 0.4% to 0.25%; Aldine Independent School District 0.24% to 0.15%; City & County of Honolulu HI 0.12% to 0.06%; State Street Global Advisors 0.23% to 0.19%; New York State Housing Finance Agency 0.09% to 0.08%; State of Maryland Department of Transportation 0.37% to 0.36%. New: California Community Choice Financing Authority (0.28%), Harris County Cultural Education Facilities Finance Corp (0.26%), Commonwealth of Pennsylvania (0.24%), State of Washington (0.23%), California Community Choice Financing Authority (0.18%), Arizona Department of Transportation State Highway Fund Reve (0.16%). Gone: Commonwealth of Pennsylvania (0.41%), State of Maryland (0.27%), Snohomish County School District No 6 Mukilteo (0.26%), State of California (0.26%), Port Authority of New York & New Jersey (0.24%), Pennsylvania Turnpike Commission (0.24%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Thu, 28 May 2026 12:00:00 GMThttps://themulden.com/funds/shm/https://themulden.com/funds/shm/885 positions became 963: 142 added (10.32% of the fund), 64 dropped (7.8%). Turnover proxy 10.8%. Largest increases: Kentucky Public Energy Authority 0.06% to 0.2%; California Community Choice Financing Authority 0.06% to 0.17%; New Jersey Economic Development Authority 0.08% to 0.16%; Main Street Natural Gas Inc 0.08% to 0.14%; Municipal Electric Authority of Georgia 0.08% to 0.11%; New Jersey Transportation Trust Fund Authority 0.06% to 0.09%. Largest decreases: State Street Global Advisors 1.68% to 0.23%; New York State Dormitory Authority 0.43% to 0.27%; City of Denton TX 0.27% to 0.12%; City & County of San Francisco CA 0.36% to 0.21%; Missouri Highway & Transportation Commission 0.29% to 0.14%; New York City Transitional Finance Authority Future Tax Secu 0.25% to 0.14%. New: Southeast Energy Authority A Cooperative District (0.93%), New Jersey Transportation Trust Fund Authority (0.37%), State of Maryland Department of Transportation (0.37%), State of Washington (0.32%), New York City Housing Development Corp (0.29%), North Texas Tollway Authority (0.24%). Gone: New York City Transitional Finance Authority (0.35%), City of New York NY (0.34%), State of California (0.29%), State of Washington (0.29%), University of California (0.29%), County of Loudoun VA (0.28%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Thu, 26 Feb 2026 12:00:00 GMThttps://themulden.com/funds/shm/https://themulden.com/funds/shm/808 positions became 885: 120 added (9.81% of the fund), 43 dropped (5.67%). Turnover proxy 10.3%. Largest increases: California Community Choice Financing Authority 0.14% to 0.3%; Texas Municipal Gas Acquisition & Supply Corp IV 0.13% to 0.22%; Main Street Natural Gas Inc 0.07% to 0.12%; Black Belt Energy Gas District 0.16% to 0.21%; California Statewide Communities Development Authority 0.05% to 0.09%; Southeast Energy Authority A Cooperative District 0.07% to 0.11%. Largest decreases: City of Portland OR Sewer System Revenue 0.47% to 0.12%; State of California 0.79% to 0.46%; Commonwealth of Massachusetts 0.42% to 0.09%; Triborough Bridge & Tunnel Authority 0.84% to 0.59%; City of Dallas TX 0.36% to 0.12%; Virginia Commonwealth Transportation Board 0.22% to 0.06%. New: Clark County School District (0.32%), State of Illinois (0.32%), State of Illinois (0.31%), State of Illinois (0.3%), Metropolitan Transportation Authority (0.24%), State of Illinois (0.24%). Gone: University of California (0.5%), State of Washington (0.46%), University of California (0.32%), Connecticut State Health & Educational Facilities Author (0.29%), Triborough Bridge & Tunnel Authority (0.25%), Los Angeles Unified School District/CA (0.24%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Wed, 26 Nov 2025 12:00:00 GMThttps://themulden.com/funds/shm/https://themulden.com/funds/shm/765 positions became 808: 109 added (10.58% of the fund), 66 dropped (8.61%). Turnover proxy 12.9%. Largest increases: State Street Global Advisors 0.9% to 1.66%; Grand Parkway Transportation Corp 0.03% to 0.16%; City of New York NY 0.92% to 0.94%; Triborough Bridge & Tunnel Authority 0.83% to 0.84%; New York State Dormitory Authority 0.63% to 0.64%; State of California 0.5% to 0.51%. Largest decreases: State of Georgia 0.54% to 0.15%; New York City Transitional Finance Authority 0.39% to 0.07%; University of California 0.62% to 0.32%; State of California 1.01% to 0.72%; State of California 0.41% to 0.16%; City of New York NY 0.37% to 0.16%. New: State of California (0.54%), California Community Choice Financing Authority (0.34%), Kentucky Public Energy Authority (0.33%), Connecticut State Health & Educational Facilities Author (0.27%), City of San Francisco CA Public Utilities Commission Water R (0.24%), City of San Francisco CA Public Utilities Commission Water R (0.22%). Gone: State of Washington (0.41%), State of Minnesota (0.38%), San Francisco City & County Public Utilities Commission (0.35%), State of California (0.3%), State of California (0.27%), New York State Dormitory Authority (0.25%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Thu, 28 Aug 2025 12:00:00 GMThttps://themulden.com/funds/shm/https://themulden.com/funds/shm/801 positions became 765: 77 added (9.27% of the fund), 113 dropped (10.07%). Turnover proxy 12.2%. Largest increases: State Street Global Advisors 0.05% to 0.9%; California State Public Works Board 0.15% to 0.24%; New York State Dormitory Authority 0.18% to 0.25%; Triborough Bridge & Tunnel Authority 0.81% to 0.83%; State of California 0.99% to 1.01%; City of New York NY 0.9% to 0.92%. Largest decreases: New York City Municipal Water Finance Authority 0.67% to 0.13%; Dallas Independent School District 0.42% to 0.14%; Connecticut State Health & Educational Facilities Author 0.66% to 0.39%; District of Columbia Income Tax Revenue 0.22% to 0.07%; County of Mecklenburg NC 0.21% to 0.06%; New York State Thruway Authority 0.47% to 0.33%. New: New York State Dormitory Authority (0.63%), Alabama Federal Aid Highway Finance Authority (0.4%), City of New York NY (0.37%), Permanent University Fund - Texas A&M University System (0.31%), Dallas Independent School District (0.31%), Bay Area Toll Authority (0.3%). Gone: New York State Thruway Authority (0.59%), City of New York NY (0.39%), Los Angeles Department of Water & Power (0.31%), North Texas Tollway Authority (0.27%), State of Utah (0.24%), San Francisco City & County Public Utilities Commission (0.22%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Wed, 28 May 2025 12:00:00 GMThttps://themulden.com/funds/shm/https://themulden.com/funds/shm/795 positions became 801: 105 added (9.96% of the fund), 99 dropped (9.98%). Turnover proxy 13%. Largest increases: State of Wisconsin 0.03% to 0.17%; Triborough Bridge & Tunnel Authority 0.29% to 0.4%; New York City Transitional Finance Authority 0.28% to 0.38%; California Infrastructure & Economic Development Bank 0.15% to 0.23%; State of Wisconsin 0.08% to 0.14%; City of San Antonio TX Electric & Gas Systems Revenue 0.06% to 0.11%. Largest decreases: State Street Global Advisors 1.36% to 0.05%; Los Angeles Unified School District/CA 0.23% to 0.06%; State of Maryland Department of Transportation 0.34% to 0.18%; New York City Transitional Finance Authority Future Tax Secu 0.26% to 0.12%; City & County of Denver CO 0.19% to 0.06%; Las Vegas Valley Water District 0.28% to 0.15%. New: State of California (0.38%), State of Washington (0.29%), Aldine Independent School District (0.24%), New York State Dormitory Authority (0.23%), State of Georgia (0.22%), Michigan Finance Authority (0.22%). Gone: Chino Basin Regional Financing Authority (0.52%), State of California (0.36%), State of Connecticut (0.27%), New York City Transitional Finance Authority Future Tax Secu (0.26%), New York City Municipal Water Finance Authority (0.24%), New York State Dormitory Authority (0.23%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Thu, 27 Feb 2025 12:00:00 GMThttps://themulden.com/funds/shm/https://themulden.com/funds/shm/793 positions became 795: 78 added (8.76% of the fund), 76 dropped (7.34%). Turnover proxy 12.8%. Largest increases: State Street Global Advisors 1.06% to 1.36%; State of California 0.84% to 0.89%; State of California 0.92% to 0.96%; City of New York NY 0.84% to 0.88%; Triborough Bridge & Tunnel Authority 0.74% to 0.78%; University of California 0.59% to 0.63%. Largest decreases: State of Minnesota 0.37% to 0.06%; New York City Municipal Water Finance Authority 1% to 0.71%; State of California 0.47% to 0.2%; County of Harris TX 0.27% to 0.03%; Commonwealth of Pennsylvania 0.32% to 0.12%; Commonwealth of Virginia 0.28% to 0.09%. New: University of California (0.4%), State of California (0.39%), City of New York NY (0.37%), New York City Transitional Finance Authority (0.33%), City of New York NY (0.33%), State of Minnesota (0.3%). Gone: City of New York NY (0.49%), City of New York NY (0.45%), Commonwealth of Massachusetts (0.41%), California State Public Works Board (0.4%), State of California (0.26%), Salt River Project Agricultural Improvement & Power Dist (0.22%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Mon, 25 Nov 2024 12:00:00 GMThttps://themulden.com/funds/shm/https://themulden.com/funds/shm/742 positions became 793: 170 added (18.83% of the fund), 119 dropped (15.3%). Turnover proxy 21.5%. Largest increases: New York City Transitional Finance Authority Future Tax Secu 0.11% to 0.48%; State of Connecticut 0.05% to 0.36%; New York City Municipal Water Finance Authority 0.93% to 1%; Conroe Independent School District 0.06% to 0.11%; Commonwealth of Pennsylvania 0.27% to 0.32%; State of Ohio 0.03% to 0.07%. Largest decreases: State Street Global Advisors 2.54% to 1.06%; State of California 0.98% to 0.47%; State of New Mexico Severance Tax Permanent Fund 0.59% to 0.33%; State of California 0.46% to 0.2%; California State Public Works Board 0.65% to 0.4%; Chino Basin Regional Financing Authority 0.87% to 0.63%. New: Commonwealth of Pennsylvania (0.42%), State of Florida Department of Transportation Turnpike Syste (0.34%), City & County of San Francisco CA (0.34%), City of New York NY (0.33%), State of Maryland (0.31%), Port Authority of New York & New Jersey (0.28%). Gone: State of California (0.88%), San Antonio Water System (0.72%), City of New York NY (0.45%), State of Florida (0.39%), New York State Urban Development Corp (0.39%), County of Montgomery MD (0.37%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Wed, 28 Aug 2024 12:00:00 GMThttps://themulden.com/funds/shm/https://themulden.com/funds/shm/747 positions became 742: 91 added (12.72% of the fund), 96 dropped (9.9%). Turnover proxy 15.2%. Largest increases: State Street Global Advisors 0.05% to 2.54%; Alabama Public School and College Authority 0.04% to 0.06%; Sales Tax Securitization Corp 0.08% to 0.09%; City of Houston TX 0.03% to 0.03%; State of California 0.89% to 0.89%. Largest decreases: Orange County Transportation Authority 0.99% to 0.27%; New York State Urban Development Corp 0.81% to 0.39%; New Jersey Educational Facilities Authority 0.74% to 0.57%; Pierce County School District No 10 Tacoma 0.24% to 0.1%; State of Florida 0.26% to 0.15%; County of Clark NV 0.16% to 0.08%. New: State of California (0.83%), County of Williamson TX (0.59%), University of California (0.58%), State of Washington (0.4%), Commonwealth of Massachusetts (0.36%), State of Florida (0.36%). Gone: Los Angeles Department of Water & Power (0.48%), City & County of Honolulu HI (0.36%), State of Minnesota (0.34%), County of Montgomery MD (0.29%), State of North Carolina (0.27%), State of California (0.26%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Tue, 28 May 2024 12:00:00 GMThttps://themulden.com/funds/shm/https://themulden.com/funds/shm/746 positions became 747: 84 added (7.35% of the fund), 83 dropped (7.5%). Turnover proxy 9.5%. Largest increases: New York City Transitional Finance Authority Future Tax Secu 0.14% to 0.25%; City of New York NY 0.82% to 0.85%; State of California 0.86% to 0.89%; Triborough Bridge & Tunnel Authority 0.73% to 0.75%; Washington Metropolitan Area Transit Authority Dedicated Rev 0.04% to 0.06%; University of California 0.67% to 0.69%. Largest decreases: Orange County Transportation Authority 1.63% to 0.99%; County of Loudoun VA 0.24% to 0.08%; Commonwealth of Pennsylvania 0.27% to 0.14%; State of New Mexico Severance Tax Permanent Fund 0.27% to 0.14%; New Jersey Educational Facilities Authority 0.85% to 0.74%; State of Washington 0.26% to 0.18%. New: Commonwealth of Pennsylvania (0.29%), State of Connecticut Special Tax Revenue (0.29%), State of Washington (0.28%), Missouri Highway & Transportation Commission (0.27%), Los Angeles Community College District/CA (0.24%), Commonwealth of Massachusetts (0.22%). Gone: New York State Dormitory Authority (0.76%), New York State Urban Development Corp (0.59%), State of Connecticut (0.32%), New York State Dormitory Authority (0.28%), Commonwealth of Massachusetts (0.26%), New York City Transitional Finance Authority Future Tax Secu (0.26%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Tue, 27 Feb 2024 12:00:00 GMThttps://themulden.com/funds/shm/https://themulden.com/funds/shm/822 positions became 746: 56 added (6.84% of the fund), 132 dropped (10.04%). Turnover proxy 10.6%. Largest increases: State of California 0.92% to 0.98%; Chino Basin Regional Financing Authority 0.84% to 0.89%; Illinois State Toll Highway Authority 0.04% to 0.09%; San Antonio Water System 0.69% to 0.74%; State of California 0.96% to 1%; New York State Urban Development Corp 0.77% to 0.8%. Largest decreases: New York City Municipal Water Finance Authority 1.17% to 0.95%; Missouri State Board of Public Buildings 0.27% to 0.1%; Orange County Transportation Authority 1.8% to 1.63%; County of Loudoun VA 0.27% to 0.24%; State Street Global Advisors 0.04% to 0.04%. New: State of California (0.49%), County of Montgomery MD (0.33%), State of Tennessee (0.28%), Los Angeles Community College District/CA (0.27%), Sacramento Transportation Authority Sales Tax Revenue (0.23%), Battery Park City Authority (0.22%). Gone: New York City Transitional Finance Authority Future Tax Secu (0.35%), State of California Department of Water Resources (0.32%), New York State Dormitory Authority (0.3%), State of Minnesota (0.29%), County of Montgomery MD (0.27%), City of Charlotte NC Water & Sewer System Revenue (0.23%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Tue, 28 Nov 2023 12:00:00 GMThttps://themulden.com/funds/shm/https://themulden.com/funds/shm/956 positions became 822: 51 added (7.03% of the fund), 185 dropped (8.7%). Turnover proxy 10.9%. Largest increases: Orange County Transportation Authority 1.71% to 1.8%; New York City Municipal Water Finance Authority 1.12% to 1.17%; State of California 0.87% to 0.92%; Chino Basin Regional Financing Authority 0.8% to 0.84%; San Antonio Water System 0.65% to 0.69%; New Jersey Educational Facilities Authority 0.79% to 0.82%. Largest decreases: State Street Global Advisors 0.37% to 0.04%; Metropolitan Government of Nashville & Davidson County T 0.26% to 0.1%; County of Fairfax VA 0.34% to 0.2%; State of Minnesota 0.28% to 0.16%; State of Utah 0.24% to 0.13%; State of New Mexico Severance Tax Permanent Fund 0.37% to 0.26%. New: City of Dallas TX (0.46%), City of Portland OR Sewer System Revenue (0.4%), New York State Dormitory Authority (0.37%), Multnomah County School District No 1 Portland/OR (0.37%), Triborough Bridge & Tunnel Authority (0.36%), California State Public Works Board (0.35%). Gone: Massachusetts Bay Transportation Authority Sales Tax Revenue (0.35%), Commonwealth of Pennsylvania (0.29%), Virginia Public Building Authority (0.26%), State of Washington (0.25%), State of California (0.23%), City of Fort Worth TX (0.22%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Mon, 28 Aug 2023 12:00:00 GMThttps://themulden.com/funds/shm/https://themulden.com/funds/shm/1,055 positions became 956: 66 added (9.27% of the fund), 165 dropped (11.26%). Turnover proxy 11.9%. Largest increases: State of California 0.59% to 0.81%; Collin County Community College District 0.02% to 0.12%; Los Angeles County Metropolitan Transportation Authority Sal 0.05% to 0.14%; Orange County Transportation Authority 1.67% to 1.71%; State of Maryland Department of Transportation 0.06% to 0.09%; New York City Transitional Finance Authority Future Tax Secu 0.1% to 0.13%. Largest decreases: New Jersey Educational Facilities Authority 0.88% to 0.79%; State of New Mexico Severance Tax Permanent Fund 0.62% to 0.55%; State of Washington 0.05% to 0.01%; State of Connecticut 0.38% to 0.34%; Virginia Public Building Authority 0.39% to 0.35%; New York State Thruway Authority 0.48% to 0.45%. New: City of New York NY (0.77%), University of California (0.62%), Connecticut State Health & Educational Facilities Author (0.53%), State of Florida (0.37%), State of Wisconsin (0.37%), State of Washington (0.34%). Gone: Los Angeles Unified School District/CA (0.3%), County of Montgomery MD (0.29%), State of Washington (0.27%), City of New York NY (0.26%), New York State Dormitory Authority (0.26%), Connecticut State Health & Educational Facilities Author (0.25%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Tue, 30 May 2023 12:00:00 GMThttps://themulden.com/funds/shm/https://themulden.com/funds/shm/1,092 positions became 1,055: 77 added (6.04% of the fund), 114 dropped (7.81%). Turnover proxy 9.1%. Largest increases: State of California 0.24% to 0.59%; State of Connecticut 0.15% to 0.31%; New Jersey Educational Facilities Authority 0.75% to 0.88%; Maricopa County Unified School District No 4 Mesa 0.03% to 0.09%; City & County of Honolulu HI 0.03% to 0.1%; State of California 0.04% to 0.09%. Largest decreases: State Street Global Advisors 1.06% to 0.37%; City of Dallas TX 0.29% to 0.05%; County of Prince George's MD 0.11% to 0.07%; Orange County Transportation Authority 1.71% to 1.67%; State of Utah 0.16% to 0.11%; New York State Dormitory Authority 0.21% to 0.17%. New: County of DeKalb GA Water & Sewerage Revenue (0.37%), Snohomish County School District No 6 Mukilteo (0.31%), Triborough Bridge & Tunnel Authority (0.24%), State of Connecticut (0.23%), State of California (0.21%), City of Boston MA (0.2%). Gone: Orange County Water District (0.39%), San Francisco City & County Public Utilities Commission (0.32%), New York City Municipal Water Finance Authority (0.26%), County of Montgomery MD (0.25%), State of California (0.22%), City & County of Honolulu HI (0.22%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Tue, 28 Feb 2023 12:00:00 GMThttps://themulden.com/funds/shm/https://themulden.com/funds/shm/1,162 positions became 1,092: 66 added (7.94% of the fund), 136 dropped (8.69%). Turnover proxy 10.2%. Largest increases: New Jersey Educational Facilities Authority 0.37% to 0.75%; State Street Global Advisors 0.76% to 1.06%; City of New York NY 0.2% to 0.28%; Indiana Finance Authority 0.03% to 0.1%; State of Connecticut 0.03% to 0.09%; Orange County Transportation Authority 1.68% to 1.71%. Largest decreases: Commonwealth of Pennsylvania 0.43% to 0.3%; State of Wisconsin 0.21% to 0.11%; County of Montgomery MD 0.35% to 0.24%; County of Loudoun VA 0.25% to 0.16%; County of Mecklenburg NC 0.16% to 0.08%; State of Utah 0.26% to 0.19%. New: Triborough Bridge & Tunnel Authority (0.62%), New York State Thruway Authority (0.47%), New York State Thruway Authority (0.47%), Dallas Independent School District (0.33%), County of Montgomery MD (0.32%), City of New York NY (0.29%). Gone: Connecticut State Health & Educational Facilities Author (0.49%), City of New York NY (0.43%), Metropolitan Transportation Authority (0.42%), City of New York NY (0.35%), New York City Transitional Finance Authority Future Tax Secu (0.34%), State Center Community College District (0.34%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Mon, 28 Nov 2022 12:00:00 GMThttps://themulden.com/funds/shm/https://themulden.com/funds/shm/1,194 positions became 1,162: 71 added (6.21% of the fund), 103 dropped (4.7%). Turnover proxy 7.6%. Largest increases: Massachusetts School Building Authority 0.03% to 0.26%; State Street Global Advisors 0.63% to 0.76%; State of Utah 0.09% to 0.15%; County of Arlington VA 0.04% to 0.09%; City of San Antonio TX Electric & Gas Systems Revenue 0.04% to 0.07%; New York City Transitional Finance Authority Building Aid Re 0.01% to 0.04%. Largest decreases: Los Angeles Unified School District/CA 0.47% to 0.22%; Connecticut State Health & Educational Facilities Author 0.73% to 0.49%; Florida Department of Management Services 0.27% to 0.05%; State of Georgia 0.35% to 0.12%; County of Prince George's MD 0.33% to 0.11%; County of Clark NV 0.33% to 0.13%. New: State of New Mexico Severance Tax Permanent Fund (0.59%), State of Georgia (0.45%), Virginia Public Building Authority (0.37%), New Jersey Educational Facilities Authority (0.37%), Virginia College Building Authority (0.3%), City of Seattle WA Drainage & Wastewater Revenue (0.3%). Gone: Commonwealth of Massachusetts (0.24%), State of New Mexico Severance Tax Permanent Fund (0.22%), State of Louisiana Gasoline & Fuels Tax Revenue (0.22%), State of Arizona Lottery Revenue (0.21%), District of Columbia (0.19%), City of Portland OR Sewer System Revenue (0.14%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Fri, 26 Aug 2022 12:00:00 GMThttps://themulden.com/funds/shm/https://themulden.com/funds/shm/1,203 positions became 1,194: 51 added (3.62% of the fund), 60 dropped (3.81%). Turnover proxy 5.7%. Largest increases: State Street Global Advisors 0.38% to 0.63%; Johnson County Public Building Commission 0.02% to 0.21%; State of California 0.02% to 0.15%; Chino Basin Regional Financing Authority 0.68% to 0.8%; Commonwealth of Massachusetts 0.03% to 0.12%; State of Florida 0.02% to 0.1%. Largest decreases: Private Colleges & Universities Authority 0.43% to 0.27%; Pierce County School District No 10 Tacoma 0.39% to 0.23%; State of Maryland 0.38% to 0.24%; Commonwealth of Pennsylvania 0.61% to 0.47%; Houston Independent School District 0.42% to 0.29%; Palm Beach County School District 0.25% to 0.13%. New: County of Montgomery MD (0.28%), Florida Department of Management Services (0.27%), State of Florida (0.24%), State of Oregon Department of Transportation (0.21%), City of New York NY (0.2%), Connecticut State Health & Educational Facilities Author (0.2%). Gone: New York State Dormitory Authority (0.47%), Metropolitan Atlanta Rapid Transit Authority (0.23%), State of California (0.22%), City of New York NY (0.18%), Las Vegas Valley Water District (0.17%), Commonwealth of Massachusetts (0.16%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Fri, 27 May 2022 12:00:00 GMThttps://themulden.com/funds/shm/https://themulden.com/funds/shm/1,183 positions became 1,203: 105 added (8.41% of the fund), 85 dropped (6.18%). Turnover proxy 10.7%. Largest increases: Orange County Transportation Authority 0.71% to 1.72%; Los Angeles Unified School District/CA 0.04% to 0.29%; State of Connecticut 0.12% to 0.37%; Illinois Finance Authority 0.05% to 0.12%; City of New York NY 0.01% to 0.08%; New York City Transitional Finance Authority Future Tax Secu 0.23% to 0.29%. Largest decreases: State Street Global Advisors 0.49% to 0.38%; State of South Carolina 0.4% to 0.3%; City of San Antonio TX Electric & Gas Systems Revenue 0.1% to 0.02%; Metropolitan Atlanta Rapid Transit Authority 0.31% to 0.23%; State of Florida Department of Transportation Turnpike Syste 0.22% to 0.14%; Ohio State University/The 0.23% to 0.15%. New: State of California (1.03%), New York State Dormitory Authority (0.78%), State of Maryland Department of Transportation (0.41%), Missouri Highway & Transportation Commission (0.25%), Municipal Improvement Corp of Los Angeles (0.22%), State of Maryland Department of Transportation (0.22%). Gone: State of California (0.53%), New York City Transitional Finance Authority Future Tax Secu (0.32%), Energy Northwest (0.27%), Metropolitan Water District of Southern California (0.25%), State of Maryland (0.21%), Sonoma County Junior College District (0.21%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Fri, 25 Feb 2022 12:00:00 GMThttps://themulden.com/funds/shm/https://themulden.com/funds/shm/1,130 positions became 1,183: 165 added (14.87% of the fund), 112 dropped (12.2%). Turnover proxy 17%. Largest increases: New York City Water & Sewer System 0.7% to 1.12%; Private Colleges & Universities Authority 0.15% to 0.45%; State of Maryland 0.03% to 0.33%; City of New York NY 0.13% to 0.34%; State of Utah 0.02% to 0.16%; New York State Dormitory Authority 0.02% to 0.14%. Largest decreases: State Street Global Advisors 0.93% to 0.49%; State of Washington 0.23% to 0.15%; State of Wisconsin 0.24% to 0.18%; Commonwealth of Pennsylvania 0.07% to 0.02%; State of California 0.88% to 0.84%; New York State Urban Development Corp 0.76% to 0.72%. New: Orange County Transportation Authority (0.71%), Commonwealth of Massachusetts (0.64%), California State Public Works Board (0.6%), Massachusetts Bay Transportation Authority Sales Tax Revenue (0.45%), City of New York NY (0.44%), City of New York NY (0.41%). Gone: Commonwealth of Massachusetts (0.78%), Bay Area Toll Authority (0.59%), Los Angeles Unified School District/CA (0.57%), Commonwealth of Pennsylvania (0.38%), New York State Dormitory Authority (0.35%), Connecticut State Health & Educational Facilities Author (0.33%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Fri, 26 Nov 2021 12:00:00 GMThttps://themulden.com/funds/shm/https://themulden.com/funds/shm/1,075 positions became 1,130: 132 added (6.99% of the fund), 77 dropped (4.27%). Turnover proxy 9.1%. Largest increases: State Street Global Advisors 0.21% to 0.93%; New York City Water & Sewer System 0.14% to 0.7%; City & County of Honolulu HI 0.18% to 0.36%; State of Delaware 0.07% to 0.16%; Massachusetts Transportation Trust Fund Metropolitan Highway 0.03% to 0.11%; State of Oregon 0.1% to 0.17%. Largest decreases: New York State Urban Development Corp 0.35% to 0.23%; Missouri Highway & Transportation Commission 0.19% to 0.11%; State of California 0.92% to 0.88%; Connecticut State Health & Educational Facilities Author 0.76% to 0.72%; New York State Urban Development Corp 0.79% to 0.76%; Chino Basin Regional Financing Authority 0.78% to 0.74%. New: State of New Mexico Severance Tax Permanent Fund (0.38%), Los Angeles Unified School District/CA (0.33%), State of Georgia (0.32%), Commonwealth of Pennsylvania (0.25%), Connecticut State Health & Educational Facilities Author (0.25%), District of Columbia (0.23%). Gone: State of Maryland (0.33%), State of Georgia (0.25%), Commonwealth of Massachusetts Federal Highway Grant Anticipa (0.21%), State of New Mexico (0.15%), Plano Independent School District (0.14%), Connecticut State Health & Educational Facilities Author (0.14%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Mon, 23 Aug 2021 12:00:00 GMThttps://themulden.com/funds/shm/https://themulden.com/funds/shm/1,053 positions became 1,075: 89 added (7.62% of the fund), 67 dropped (2.12%). Turnover proxy 8.7%. Largest increases: State of California 0.1% to 0.32%; State of Minnesota 0.27% to 0.41%; State Street Global Advisors 0.07% to 0.21%; Illinois Finance Authority 0.02% to 0.14%; New York State Urban Development Corp 0.71% to 0.79%; State of California 0.1% to 0.17%. Largest decreases: State of Maryland 0.37% to 0.24%; Energy Northwest 0.42% to 0.3%; State of Florida 0.22% to 0.12%; State of Minnesota 0.32% to 0.22%; City of Richmond VA 0.28% to 0.19%; State of Utah 0.27% to 0.17%. New: State of California (0.47%), State of South Carolina (0.44%), Las Vegas Valley Water District (0.38%), State of California (0.37%), New York State Dormitory Authority (0.28%), New York State Dormitory Authority (0.27%). Gone: Virginia College Building Authority (0.31%), Houston Independent School District (0.27%), Connecticut State Health & Educational Facilities Author (0.16%), Ohio Turnpike & Infrastructure Commission (0.15%), State of Ohio (0.13%), Minnesota Public Facilities Authority (0.12%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Fri, 28 May 2021 12:00:00 GMThttps://themulden.com/funds/shm/https://themulden.com/funds/shm/1,043 positions became 1,053: 140 added (12.21% of the fund), 130 dropped (9.68%). Turnover proxy 13.2%. Largest increases: State of Georgia 0.14% to 0.42%; State of Utah 0.14% to 0.36%; State of Louisiana 0% to 0.06%; Fort Bend Independent School District 0.03% to 0.08%; Los Angeles Unified School District/CA 0.04% to 0.1%; State of California Department of Water Resources 0.02% to 0.06%. Largest decreases: State Street Global Advisors 0.73% to 0.07%; Ann Arbor School District 0.44% to 0.24%; City of Lakeland FL Department of Electric Utilities 0.1% to 0.03%; Connecticut State Health & Educational Facilities Author 0.84% to 0.81%; State of California 1.01% to 0.98%; Commonwealth of Pennsylvania 0.78% to 0.75%. New: New York State Urban Development Corp (0.71%), New York State Urban Development Corp (0.69%), State of Maryland Department of Transportation (0.52%), Pierce County School District No 10 Tacoma (0.48%), Energy Northwest (0.42%), State of California (0.28%). Gone: New York State Dormitory Authority (0.4%), State of Washington (0.39%), New York State Urban Development Corp (0.37%), State of California (0.34%), California Infrastructure & Economic Development Bank (0.31%), State of Georgia (0.29%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Fri, 26 Feb 2021 12:00:00 GMThttps://themulden.com/funds/shm/https://themulden.com/funds/shm/1,039 positions became 1,043: 98 added (11.49% of the fund), 94 dropped (6.88%). Turnover proxy 13%. Largest increases: Chino Basin Regional Financing Authority 0.27% to 0.85%; Commonwealth of Massachusetts 0.02% to 0.3%; State Street Global Advisors 0.49% to 0.73%; Massachusetts Development Finance Agency 0.09% to 0.2%; County of Jefferson AL 0.03% to 0.09%; Chelan County Public Utility District No 1 0.04% to 0.08%. Largest decreases: State of California 1.08% to 1.01%; State of Texas 0.15% to 0.08%; Connecticut State Health & Educational Facilities Author 0.9% to 0.84%; Commonwealth of Massachusetts 0.94% to 0.88%; Commonwealth of Pennsylvania 0.83% to 0.78%; San Antonio Water System 0.86% to 0.81%. New: Commonwealth of Pennsylvania (0.48%), County of Montgomery MD (0.43%), State Center Community College District (0.41%), New York City Transitional Finance Authority Future Tax Secu (0.39%), State of Washington (0.38%), County of Montgomery MD (0.37%). Gone: Los Angeles Community College District/CA (0.42%), San Diego Unified School District/CA (0.39%), City of New York NY (0.29%), Santa Monica-Malibu Unified School District (0.27%), Commonwealth of Pennsylvania (0.26%), State of California (0.26%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Fri, 27 Nov 2020 12:00:00 GMThttps://themulden.com/funds/shm/https://themulden.com/funds/shm/961 positions became 1,039: 118 added (10.06% of the fund), 40 dropped (4.65%). Turnover proxy 10.9%. Largest increases: Commonwealth of Massachusetts 0.4% to 0.94%; California Infrastructure & Economic Development Bank 0% to 0.06%; State of Texas 0.03% to 0.07%; State of Wisconsin 0.01% to 0.05%; State of Hawaii 0.1% to 0.13%; State of New Mexico 0% to 0.03%. Largest decreases: State Street Global Advisors 0.68% to 0.49%; New York City Transitional Finance Authority Future Tax Secu 0.07% to 0%; Connecticut State Health & Educational Facilities Author 0.96% to 0.9%; State of California 1.14% to 1.08%; Bay Area Toll Authority 0.77% to 0.72%; Commonwealth of Pennsylvania 0.88% to 0.83%. New: Ann Arbor School District (0.47%), State of Washington (0.44%), New York State Dormitory Authority (0.43%), County of Loudoun VA (0.34%), County of Loudoun VA (0.33%), State of Utah (0.31%). Gone: San Diego County Water Authority (0.79%), New York State Dormitory Authority (0.47%), Commonwealth of Pennsylvania (0.41%), New York State Dormitory Authority (0.29%), City of Houston TX (0.26%), City of Seattle WA Municipal Light & Power Revenue (0.25%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Thu, 27 Aug 2020 12:00:00 GMThttps://themulden.com/funds/shm/https://themulden.com/funds/shm/938 positions became 961: 93 added (7.56% of the fund), 70 dropped (7.1%). Turnover proxy 9.1%. Largest increases: State Street Global Advisors 0.37% to 0.68%; Houston Independent School District 0.32% to 0.62%; State of Georgia 0.15% to 0.33%; District of Columbia Water & Sewer Authority 0.07% to 0.22%; San Diego Public Facilities Financing Authority 0.1% to 0.21%; New York State Dormitory Authority 0.16% to 0.22%. Largest decreases: San Diego County Regional Transportation Commission 0.41% to 0.14%; Massachusetts Clean Water Trust/The 0.22% to 0%; Metropolitan Water District of Southern California 0.29% to 0.14%; State of Washington 0.23% to 0.09%; Santa Monica-Malibu Unified School District 0.43% to 0.29%; Indiana University 0.2% to 0.11%. New: Commonwealth of Pennsylvania (0.88%), Metropolitan Transportation Authority (0.57%), State of Florida (0.31%), State of Florida (0.29%), New York State Dormitory Authority (0.29%), State of Minnesota (0.28%). Gone: City of San Antonio TX Electric & Gas Systems Revenue (0.45%), Commonwealth of Pennsylvania (0.38%), Arizona Department of Transportation State Highway Fund Reve (0.29%), Commonwealth of Massachusetts (0.28%), State of Ohio (0.23%), Texas State University System (0.22%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Mon, 01 Jun 2020 12:00:00 GMThttps://themulden.com/funds/shm/https://themulden.com/funds/shm/971 positions became 938: 119 added (10.94% of the fund), 152 dropped (7.85%). Turnover proxy 11.7%. Largest increases: State of California 0.1% to 0.23%; Commonwealth of Massachusetts 0.08% to 0.18%; Arizona Department of Transportation State Highway Fund Reve 0.24% to 0.29%; State of Florida 0.01% to 0.06%; San Antonio Water System 0.88% to 0.92%; Energy Northwest 0.01% to 0.05%. Largest decreases: University of California 0.24% to 0.09%; Missouri Highway & Transportation Commission 0.19% to 0.12%; City of Springfield MO Public Utility Revenue 0.2% to 0.14%; State of California 1.19% to 1.14%; Connecticut State Health & Educational Facilities Author 1% to 0.96%; San Diego County Water Authority 0.83% to 0.8%. New: Los Angeles Community College District/CA (0.46%), New York State Urban Development Corp (0.44%), San Diego Unified School District/CA (0.42%), Dallas Independent School District (0.38%), Los Angeles Unified School District/CA (0.37%), State of Washington (0.32%). Gone: CALIFORNIA ST (0.66%), PHOENIX AZ CIVIC IMPT CORP WTR (0.53%), FLORIDA ST BRD OF EDU PUBLIC E (0.47%), MARYLAND ST DEPT OF TRANSPRTN (0.41%), SCOTTSDALE AZ (0.32%), CALIFORNIA ST (0.29%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Thu, 27 Feb 2020 12:00:00 GMT