Rating Distribution

Rating (S&P)	Securities	Distribution
AA	1,825
AA-	999
BB	411
AAA	388
A+	252
None	215
BB+	186
BB-	115
BBB-	75
A	73

Issuer Categories

Category	Verified Issuers
School District	124
Land District	80
Dedicated Tax	65
Other Revenue	33
Water / Sewer	21
Multi-Family	20
Corporate	19
City	18
Special District	14
Hospital	13
Life Care	10
Single-Family	10
Charter School	9
Special Project	7
County	7

Top Issuers

AZ

Agua Fria Ranch Community Facilities District Arizona

Land District

—

AZ

Apache Arizona School District No. 8 Window Rock

School District

—

AZ

Apache County Arizona Industrial Development Authority Industrial Development Revenue

Corporate

—

AZ

Apache County Arizona Library District

Special District

—

AZ

Apache County Arizona School District No. 010 Round Vy

School District

—

AZ

Apache County Arizona School District No. 6 Concho Elementary

School District

—

AZ

Apache County Arizona Uni School District No. 20 Ganado Impact Aid Revenue

School District

—

AZ

Apache County Arizona Uni School District No. 27 Red Mesa Impact Aid Revenue

Other Revenue

—

AZ

Apache Junction Arizona Water Utilities Community Facilities District Water Revenue

Water / Sewer

—

AZ

Arizona Board Regents Arizona State University System Revenue

Public Higher Ed

—

AZ

Arizona City Arizona Fire District Pinal County

Special District

—

AZ

Arizona Educational Ln Marketing Corporation Educational Ln Revenue

Student Loan

—

AZ

Arizona Game & Fish Dept & Commn Benificial Intctfs

State

—

AZ

Arizona Health Facilities Authority Healthcare Education Facilities Revenue

Private Higher Ed

—

AZ

Arizona Health Facilities Authority Health Care Facilities Revenue

Life Care

—

AZ

Arizona Health Facilities Authority Hospital System Revenue

Hospital

—

AZ

Arizona Health Facilities Authority Revenue

Other Revenue

—

AZ

Arizona Health Facilities Authority Sr Living Revenue

Life Care

—

AZ

Arizona Higher Education Ln Authority Student Ln Revenue

Student Loan

—

AZ

Arizona Housing Finance Authority Industrial Development Authority Pima County Single Family M Tg Revenue

Single-Family

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