Each N-PORT filing of TAFI 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/tafi/https://themulden.com/funds/tafi/615 positions became 686: 108 added (14.99% of the fund), 37 dropped (7.84%). Turnover proxy 17.1%. Largest increases: Commonwealth of Puerto Rico 0.1% to 0.64%; Health & Educational Facilities Authority of the State o 0.09% to 0.29%; Metropolitan Washington Airports Authority Aviation Revenue 0.2% to 0.39%; University of California 0.49% to 0.62%; Black Belt Energy Gas District 0.1% to 0.21%; Main Street Natural Gas Inc 0.1% to 0.2%. Largest decreases: Southeast Energy Authority A Cooperative District 0.9% to 0.17%; City of Jersey City NJ 0.36% to 0.08%; California Community Choice Financing Authority 0.32% to 0.17%; Colorado State Education Loan Program 1.69% to 1.55%; Chicago O'Hare International Airport 0.22% to 0.09%; Triborough Bridge & Tunnel Authority 1.06% to 0.98%. New: Long Beach Unified School District (0.4%), City of Hoboken NJ (0.33%), Colorado Health Facilities Authority (0.31%), Chicago Midway International Airport (0.28%), County of Miami-Dade FL Aviation Revenue (0.27%), California Community Choice Financing Authority (0.25%). Gone: Alliance Bernstein (1.62%), United States Treasury (0.65%), Green Lake Township Economic Development Corp (0.41%), Frisco Independent School District (0.41%), South Carolina Association of Governmental Organizations (0.39%), South Carolina Jobs-Economic Development Authority (0.31%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Fri, 24 Jul 2026 12:00:00 GMThttps://themulden.com/funds/tafi/https://themulden.com/funds/tafi/577 positions became 615: 93 added (16.5% of the fund), 55 dropped (10.01%). Turnover proxy 19.1%. Largest increases: Southeast Energy Authority A Cooperative District 0.21% to 0.9%; City of Quincy MA 0.43% to 0.75%; Triborough Bridge & Tunnel Authority 0.76% to 1.06%; New Jersey Transportation Trust Fund Authority 0.11% to 0.32%; Florida Insurance Assistance Interlocal Agency Inc 0.15% to 0.35%; California Community Choice Financing Authority 0.13% to 0.32%. Largest decreases: Alliance Bernstein 2.97% to 1.62%; New Hampshire Business Finance Authority 0.29% to 0.22%; Illinois Finance Authority 0.68% to 0.62%; Southeast Alabama Gas Supply District/The 0.62% to 0.57%; City of Quincy MA 0.56% to 0.5%; New Jersey Economic Development Authority 0.63% to 0.57%. New: Colorado State Education Loan Program (1.69%), United States Treasury (0.65%), New York Transportation Development Corp (0.52%), State of Ohio (0.5%), University of California (0.49%), Commonwealth of Pennsylvania (0.45%). Gone: County of Montgomery OH (0.66%), Hillsborough County Industrial Development Authority (0.61%), Idaho Health Facilities Authority (0.44%), Territory of Guam (0.43%), Douglas County School District No Re-1 Douglas & Elbert (0.43%), School Board of Miami-Dade County/The (0.32%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Fri, 24 Apr 2026 12:00:00 GMThttps://themulden.com/funds/tafi/https://themulden.com/funds/tafi/505 positions became 577: 109 added (20.14% of the fund), 37 dropped (8.08%). Turnover proxy 23.6%. Largest increases: Alliance Bernstein 0.91% to 2.97%; City of Quincy MA 0.12% to 0.43%; Jefferson County Port Authority/OH 0.12% to 0.39%; New Jersey Transportation Trust Fund Authority 0.28% to 0.52%; San Joaquin Valley Clean Energy Authority 0.13% to 0.33%; North Texas Tollway Authority 0.12% to 0.25%. Largest decreases: Tricolor Auto Securitization Trust 0.42% to 0.24%; Illinois Finance Authority 0.82% to 0.68%; County of Montgomery OH 0.8% to 0.66%; Hillsborough County Industrial Development Authority 0.74% to 0.61%; Southeast Alabama Gas Supply District/The 0.74% to 0.62%; Garden State Preservation Trust 0.31% to 0.2%. New: New Jersey Economic Development Authority (0.63%), City of Quincy MA (0.56%), Arizona Health Facilities Authority (0.55%), Dallas Fort Worth International Airport (0.53%), Metropolitan Transportation Authority (0.49%), State of Washington (0.46%). Gone: United States Treasury (0.75%), County of Allegheny PA (0.51%), Clover School District No 2 (0.47%), City of Wichita KS (0.47%), Orange County Convention Center/Orlando (0.46%), New Jersey Economic Development Authority (0.41%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Fri, 23 Jan 2026 12:00:00 GMThttps://themulden.com/funds/tafi/https://themulden.com/funds/tafi/492 positions became 505: 98 added (24.35% of the fund), 85 dropped (18.45%). Turnover proxy 26.4%. Largest increases: County of Montgomery OH 0.05% to 0.8%; Green Lake Township Economic Development Corp 0.22% to 0.49%; Los Angeles Department of Water & Power 0.27% to 0.49%; Port Authority of New York & New Jersey 0.14% to 0.31%; New Jersey Economic Development Authority 0.26% to 0.41%; Health & Educational Facilities Authority of the State o 0.12% to 0.27%. Largest decreases: Alliance Bernstein 1.07% to 0.91%; Texas Municipal Gas Acquisition and Supply Corp II 0.31% to 0.2%; Texas Municipal Gas Acquisition and Supply Corp II 0.26% to 0.17%; Hillsborough County Industrial Development Authority 0.82% to 0.74%; Southeast Alabama Gas Supply District/The 0.81% to 0.74%; California Community Choice Financing Authority 0.68% to 0.62%. New: Illinois Finance Authority (0.82%), Triborough Bridge & Tunnel Authority (0.78%), United States Treasury (0.75%), New Jersey Turnpike Authority (0.65%), City of Los Angeles CA (0.59%), Colorado State Education Loan Program (0.55%). Gone: Ohio Water Development Authority Water Pollution Control Loa (0.64%), State of North Carolina (0.54%), New Jersey Economic Development Authority (0.51%), State of New Jersey (0.45%), Kentucky Public Energy Authority (0.45%), County of Los Angeles CA (0.41%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Mon, 27 Oct 2025 12:00:00 GMThttps://themulden.com/funds/tafi/https://themulden.com/funds/tafi/432 positions became 492: 89 added (19.39% of the fund), 29 dropped (9.01%). Turnover proxy 20.7%. Largest increases: Territory of Guam 0.3% to 0.59%; South Carolina Public Service Authority 0.07% to 0.25%; Black Belt Energy Gas District 0.24% to 0.41%; South Carolina Jobs-Economic Development Authority 0.33% to 0.45%; County of Los Angeles CA 0.3% to 0.41%; Chandler Industrial Development Authority 0.15% to 0.26%. Largest decreases: Southeast Alabama Gas Supply District/The 0.95% to 0.81%; California Community Choice Financing Authority 0.79% to 0.68%; Ohio Water Development Authority Water Pollution Control Loa 0.73% to 0.64%; Douglas County School District No Re-1 Douglas & Elbert 0.68% to 0.59%; Texas Municipal Gas Acquisition & Supply Corp IV 0.63% to 0.55%; County of Allegheny PA 0.66% to 0.57%. New: Hillsborough County Industrial Development Authority (0.82%), State of North Carolina (0.54%), Triborough Bridge & Tunnel Authority (0.48%), City & County of Denver CO Airport System Revenue (0.46%), Kentucky Public Energy Authority (0.45%), Idaho Health Facilities Authority (0.4%). Gone: United States Treasury (1.92%), State of New Hampshire (0.66%), State of Wisconsin (0.48%), San Antonio Water System (0.48%), New York City Transitional Finance Authority Future Tax Secu (0.39%), County of Gaston NC (0.39%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Fri, 25 Jul 2025 12:00:00 GMThttps://themulden.com/funds/tafi/https://themulden.com/funds/tafi/419 positions became 432: 61 added (15.22% of the fund), 48 dropped (12.37%). Turnover proxy 16.9%. Largest increases: Alliance Bernstein 0.02% to 1.09%; State of Wisconsin 0.27% to 0.48%; State of New Jersey 0.16% to 0.3%; Massachusetts Development Finance Agency 0.17% to 0.31%; Hillsborough County Aviation Authority 0.25% to 0.36%; Fayette County Development Authority 0.17% to 0.18%. Largest decreases: Public Finance Authority 0.22% to 0.16%; Southeast Alabama Gas Supply District/The 1% to 0.95%; California Community Choice Financing Authority 0.83% to 0.79%; Main Street Natural Gas Inc 0.66% to 0.62%; Ohio Water Development Authority Water Pollution Control Loa 0.77% to 0.73%; Texas Municipal Gas Acquisition & Supply Corp IV 0.67% to 0.63%. New: United States Treasury (1.92%), San Antonio Water System (0.48%), Chicago O'Hare International Airport (0.42%), Arizona Department of Transportation State Highway Fund Reve (0.38%), San Juan Unified School District (0.37%), New Jersey Health Care Facilities Financing Authority (0.36%). Gone: Commonwealth of Pennsylvania (0.71%), New York City Municipal Water Finance Authority (0.63%), Citizens Property Insurance Inc (0.6%), Crowfoot Valley Ranch Metropolitan District No 2 (0.48%), New Jersey Turnpike Authority (0.47%), State of Illinois (0.44%). 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/tafi/https://themulden.com/funds/tafi/364 positions became 419: 92 added (23.51% of the fund), 37 dropped (10.4%). Turnover proxy 23.9%. Largest increases: Garden State Preservation Trust 0.19% to 0.41%; Main Street Natural Gas Inc 0.24% to 0.43%. Largest decreases: Alliance Bernstein 0.33% to 0.02%; Texas Municipal Gas Acquisition and Supply Corp II 0.54% to 0.37%; Southeast Alabama Gas Supply District/The 1.17% to 1%; California Community Choice Financing Authority 0.97% to 0.83%; Ohio Water Development Authority Water Pollution Control Loa 0.91% to 0.77%; State of New Hampshire 0.82% to 0.7%. New: Commonwealth of Pennsylvania (0.71%), Douglas County School District No Re-1 Douglas & Elbert (0.71%), County of Allegheny PA (0.7%), Clover School District No 2 (0.63%), Ohio Air Quality Development Authority (0.62%), Citizens Property Insurance Inc (0.6%). Gone: United States Treasury (1.61%), South Carolina Public Service Authority (0.54%), Massachusetts Development Finance Agency (0.54%), Northeast Ohio Regional Sewer District (0.51%), Texas Department of Transportation State Highway Fund (0.45%), Metropolitan Washington Airports Authority Aviation Revenue (0.42%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Thu, 23 Jan 2025 12:00:00 GMThttps://themulden.com/funds/tafi/https://themulden.com/funds/tafi/346 positions became 364: 82 added (26.91% of the fund), 64 dropped (21.6%). Turnover proxy 27.6%. Largest increases: Southeast Energy Authority A Cooperative District 0.31% to 0.6%; Metropolitan Washington Airports Authority Aviation Revenue 0.06% to 0.28%; Alliance Bernstein 0.14% to 0.33%. Largest decreases: Southeast Alabama Gas Supply District/The 1.26% to 1.17%; Ohio Water Development Authority Water Pollution Control Loa 0.99% to 0.91%; California Community Choice Financing Authority 1.05% to 0.97%; State of New Hampshire 0.89% to 0.82%; New Jersey Economic Development Authority 0.4% to 0.33%; New Jersey Economic Development Authority 0.79% to 0.73%. New: United States Treasury (1.61%), New York City Municipal Water Finance Authority (0.74%), Main Street Natural Gas Inc (0.68%), Harris County Cultural Education Facilities Finance Corp (0.59%), City & County of Denver CO Airport System Revenue (0.58%), Territory of Guam (0.56%). Gone: United States Treasury (2.94%), State of New Jersey (1.07%), New Jersey Transportation Trust Fund Authority (0.72%), United States Treasury (0.69%), Indianapolis Local Public Improvement Bond Bank (0.6%), Los Angeles Unified School District/CA (0.59%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Thu, 24 Oct 2024 12:00:00 GMThttps://themulden.com/funds/tafi/https://themulden.com/funds/tafi/301 positions became 346: 76 added (26.22% of the fund), 31 dropped (13.48%). Turnover proxy 27.7%. Largest increases: State of New Jersey 0.54% to 1.07%; School District of Philadelphia/The 0.23% to 0.59%; Main Street Natural Gas Inc 0.33% to 0.68%; Louisiana Public Facilities Authority 0.23% to 0.38%; Southeast Alabama Gas Supply District/The 1.21% to 1.26%. Largest decreases: Alliance Bernstein 2.67% to 0.14%; California Community Choice Financing Authority 1.21% to 1.05%; Ohio Water Development Authority Water Pollution Control Loa 1.14% to 0.99%; State of New Hampshire 1.04% to 0.89%; Indiana Finance Authority 0.34% to 0.2%; Port Authority of New York & New Jersey 0.87% to 0.73%. New: United States Treasury (2.94%), United States Treasury (0.69%), Los Angeles Unified School District/CA (0.59%), Texas Municipal Gas Acquisition and Supply Corp II (0.59%), West Virginia Economic Development Authority (0.58%), Tobacco Settlement Financing Corp (0.55%). Gone: United States Treasury (3.18%), United States Treasury (1.36%), United States Treasury (0.9%), United States Treasury (0.68%), United States Treasury (0.57%), Missouri Highway & Transportation Commission (0.46%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Wed, 24 Jul 2024 12:00:00 GMThttps://themulden.com/funds/tafi/https://themulden.com/funds/tafi/236 positions became 301: 86 added (36.85% of the fund), 21 dropped (10.65%). Turnover proxy 40.3%. Largest increases: Alliance Bernstein 0.83% to 2.67%; New Jersey Economic Development Authority 0.52% to 0.92%; School Board of Miami-Dade County/The 0.35% to 0.68%; Main Street Natural Gas Inc 0.72% to 0.95%; State of New Jersey 0.35% to 0.54%; State of Illinois 0.37% to 0.47%. Largest decreases: Texas Municipal Gas Acquisition & Supply Corp IV 1.49% to 0.98%; Port Authority of New York & New Jersey 1.34% to 0.87%; City of Port St Lucie FL Utility System Revenue 1.25% to 0.82%; County of Clark Department of Aviation 1.11% to 0.72%; Indianapolis Local Public Improvement Bond Bank 1.08% to 0.69%; West Virginia Economic Development Authority 1.03% to 0.67%. New: United States Treasury (3.18%), United States Treasury (1.36%), Southeast Alabama Gas Supply District/The (1.21%), California Community Choice Financing Authority (1.21%), Ohio Water Development Authority Water Pollution Control Loa (1.14%), State of New Hampshire (1.04%). Gone: Illinois State Toll Highway Authority (1.93%), North Carolina Turnpike Authority (1.41%), United States Treasury (1.04%), Massachusetts Development Finance Agency (0.54%), University of Minnesota (0.46%), City of Quincy MA (0.45%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Wed, 24 Apr 2024 12:00:00 GMThttps://themulden.com/funds/tafi/https://themulden.com/funds/tafi/175 positions became 236: 81 added (40.59% of the fund), 20 dropped (12.99%). Turnover proxy 42%. Largest increases: North Carolina Turnpike Authority 0.53% to 1.41%; Commonwealth of Puerto Rico 0.06% to 0.41%; Indianapolis Local Public Improvement Bond Bank 0.89% to 1.08%; LCH Limited 0.11% to 0.11%. Largest decreases: Port Authority of New York & New Jersey 1.99% to 1.34%; County of Clark Department of Aviation 1.67% to 1.11%; County of Gaston NC 1.38% to 0.92%; State of Connecticut 1.34% to 0.88%; Public Power Generation Agency 1.36% to 0.9%; Southeast Energy Authority A Cooperative District 1.37% to 0.92%. New: Illinois State Toll Highway Authority (1.93%), Texas Municipal Gas Acquisition & Supply Corp IV (1.49%), City of Port St Lucie FL Utility System Revenue (1.25%), United States Treasury (1.04%), West Virginia Economic Development Authority (1.03%), West Palm Beach Community Redevelopment Agency (0.93%). Gone: State of Kansas Department of Transportation (2.1%), Kay County Public Buildings Authority (1.1%), County of Miami-Dade Seaport Department (1.06%), Grand Parkway Transportation Corp (1.06%), County of Broward FL Airport System Revenue (0.79%), State of Washington (0.65%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Thu, 25 Jan 2024 12:00:00 GMThttps://themulden.com/funds/tafi/https://themulden.com/funds/tafi/156 positions became 175: 33 added (21.46% of the fund), 14 dropped (12.1%). Turnover proxy 23.3%. Largest increases: Alliance Bernstein 0.17% to 1.23%; Territory of Guam 0.62% to 1.08%; Garden State Preservation Trust 0.33% to 0.56%; LCH Limited 0.03% to 0.11%. Largest decreases: Idaho Health Facilities Authority 0.6% to 0.21%; Port Authority of New York & New Jersey 2.27% to 1.99%; State of Kansas Department of Transportation 2.38% to 2.1%; County of Clark Department of Aviation 1.9% to 1.67%; Southeast Energy Authority A Cooperative District 1.57% to 1.37%; Public Power Generation Agency 1.54% to 1.36%. New: County of Gaston NC (1.38%), Washington Health Care Facilities Authority (1.14%), New Brunswick Parking Authority (1.1%), Grand Parkway Transportation Corp (1.06%), Maryland Stadium Authority (1%), Philadelphia Authority for Industrial Development (0.84%). Gone: New Jersey Transportation Trust Fund Authority (2.7%), Louisiana Stadium & Exposition District (1.53%), New Jersey Health Care Facilities Financing Authority (1.2%), Delaware State Health Facilities Authority (0.99%), New Jersey Health Care Facilities Financing Authority (0.9%), State of New Jersey (0.9%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Wed, 25 Oct 2023 12:00:00 GMThttps://themulden.com/funds/tafi/https://themulden.com/funds/tafi/116 positions became 156: 46 added (33.57% of the fund), 6 dropped (6.78%). Turnover proxy 33.6%. Largest decreases: Alliance Bernstein 2.3% to 0.17%; New Jersey Health Care Facilities Financing Authority 2.44% to 1.2%; State of Kansas Department of Transportation 3.21% to 2.38%; Port Authority of New York & New Jersey 3.06% to 2.27%; County of Clark Department of Aviation 2.57% to 1.9%; State of Connecticut 2.08% to 1.53%. New: New Jersey Transportation Trust Fund Authority (2.7%), Southeast Energy Authority A Cooperative District (1.57%), Public Power Generation Agency (1.54%), Louisiana Stadium & Exposition District (1.53%), Metropolitan Pier & Exposition Authority (1.33%), City of Chicago IL (1.31%). Gone: Pennsylvania Turnpike Commission (1.92%), Trust for Cultural Resources of The City of New York/The (1.62%), New Jersey Economic Development Authority (1.62%), State of Connecticut Clean Water Fund - State Revolving Fund (0.81%), HSBC Holdings PLC (0.4%), Barclays PLC (0.4%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Tue, 25 Jul 2023 12:00:00 GMThttps://themulden.com/funds/tafi/https://themulden.com/funds/tafi/62 positions became 116: 67 added (68.56% of the fund), 13 dropped (22.73%). Turnover proxy 71.3%. Largest increases: Alliance Bernstein 0.04% to 2.3%; Greeneville Health & Educational Facilities Board 0.45% to 0.81%; LCH Limited 0.01% to 0.12%; SOCIETE GENERALE 0.56% to 0.6%. Largest decreases: Utah Board of Higher Education 3.62% to 1.29%; County of Broward FL Airport System Revenue 3.46% to 1.23%; La Joya Independent School District 3.36% to 1.2%; Michigan Finance Authority 2.79% to 0.98%; Arapahoe County School District No 5 Cherry Creek 2.75% to 0.99%; Massachusetts Port Authority 2.69% to 0.96%. New: State of Kansas Department of Transportation (3.21%), Port Authority of New York & New Jersey (3.06%), County of Clark Department of Aviation (2.57%), New Jersey Health Care Facilities Financing Authority (2.44%), State of Connecticut (2.08%), Pennsylvania Turnpike Commission (1.92%). Gone: Orange County School Board (2.81%), State of California (2.46%), New Mexico Finance Authority (2.44%), New Jersey Economic Development Authority (2.3%), Durham County Industrial Facilities & Pollution Control (2.26%), United States Treasury (2.17%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Tue, 25 Apr 2023 12:00:00 GMT