# EDGAR Filing Document

**Accession Number:** 0000319676
**File Stem:** 0001410368-26-016866
**Filing Date:** 2026-2
**Character Count:** 121671
**Document Hash:** 4da7fb8ee28fc90ccdf213512bd2b075
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001410368-26-016866.hdr.sgml**: 20260224

**ACCESSION NUMBER**: 0001410368-26-016866

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260224

**DATE AS OF CHANGE**: 20260224

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Calvert Management Series
- **CENTRAL INDEX KEY:** 0000319676

**ORGANIZATION NAME:**
- **EIN:** 526211999
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-03101
- **FILM NUMBER:** 26668731

**BUSINESS ADDRESS:**
- **STREET 1:** 2050 M STREET NW
- **CITY:** WASHINGTON
- **STATE:** DC
- **ZIP:** 20036
- **BUSINESS PHONE:** 8002256265

**MAIL ADDRESS:**
- **STREET 1:** 2050 M STREET NW
- **CITY:** WASHINGTON
- **STATE:** DC
- **ZIP:** 20036

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** CALVERT TAX FREE RESERVES
- **DATE OF NAME CHANGE:** 19920703

## Series and Classes Contracts Data

### Calvert Responsible Municipal Income Fund (Series ID: S000005140)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000014074 | Class A      | CTTLX           |
| C000160651 | Class C      | CTTCX           |
| C000160653 | Class I      | CTTIX           |

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** Calvert Management Series

- **b. Investment Company Act file number:** 811-03101

- **c. CIK number of Registrant:** 0000319676

- **d. LEI of Registrant:** 549300JLDDCMBLNYVQ38

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 2050 M Street NW

  - **City:** Washington

  - **State:** DC

  - **Foreign country:** US

  - **Zip / Postal Code:** 20036

  - **Telephone number:** 202-238-2200

**Item A.2. Information about the Series.**

- **a. Name of Series:** Calvert Responsible Municipal Income Fund

- **b. EDGAR series identifier (if any):** S000005140

- **c. LEI of Series:** 549300ZG1E6BAXLWCV59

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2025-12-31

- **b. Date as of which information is reported:** 2025-12-31

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $413891264.49

**Total Liabilities:** $2876073.80

**Net Assets:** $411015190.69

**Delayed Delivery Securities:** $1196754.75

**Cash Not Reported:** $6338595.56

**Currency Risk Metrics (dv01):**

- 

**Credit Spread Risk - Investment Grade (dv01):**

- **3-Month:** -893.36000000 | **1-Year:** -12479.24000000 | **5-Year:** -67248.62000000 | **10-Year:** -150876.29000000 | **30-Year:** -36968.45000000

**Credit Spread Risk - Non-Investment Grade (dv01):**

- **3-Month:** -50.53000000 | **1-Year:** -975.83000000 | **5-Year:** -3399.13000000 | **10-Year:** -5881.85000000 | **30-Year:** -851.30000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000014074 | 1.44%                | 0.33%                | 0.20%                |
| Class ID C000160651 | 1.37%                | 0.27%                | 0.14%                |
| Class ID C000160653 | 1.46%                | 0.35%                | 0.22%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $117687.04               | $4536493.58                                |
| Month 2  | $108007.30               | $256689.64                                 |
| Month 3  | $198423.51               | $-577525.09                                |

**Designated Index Information**

- **Index Name:** BB Barclays Municipal Bd

- **Index Identifier:** MBINDEX

### Schedule of Portfolio Investments

| Name                                                                             | Title                                                        | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Allegheny County Sanitary Authority                                              | ALLEGHENY CNTY PA SAN AUTH                                   | CUSIP: 017357U44<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2190000 | PA      | $2213864.87   | 0.54%             | 2042-12-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| American Municipal Power Inc                                                     | AMERICAN MUNI PWR-OHIO INC OH REVENUE                        | CUSIP: 02765UVH4<br>LEI: EARKGGZJJEMVD66XQ486 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1595211.30   | 0.39%             | 2044-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| American Municipal Power Inc                                                     | AMERICAN MUNI PWR-OHIO INC OH REVENUE                        | CUSIP: 02765UVX9<br>LEI: EARKGGZJJEMVD66XQ486 | Long             | DBT              | MUN               | US        |    500000 | PA      | $542437.10    | 0.13%             | 2042-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| American Municipal Power Inc                                                     | AMERICAN MUNI PWR-OHIO INC OH REVENUE                        | CUSIP: 02765UVY7<br>LEI: EARKGGZJJEMVD66XQ486 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1075569.80   | 0.26%             | 2043-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Antelope Valley Community College District                                       | ANTELOPE VLY CA CMNTY CLG DIST                               | CUSIP: 03667PHZ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3322810.50   | 0.81%             | 2042-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Arizona Board of Regents                                                         | ARIZONA BRD OF RGTS ST UNIV SYS REVENUE                      | CUSIP: 04048RQN9<br>LEI: 254900BLZ1MCZ5JLK411 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2004375.40   | 0.49%             | 2042-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arizona Industrial Development Authority                                         | ARIZONA ST INDL DEV AUTH REVENUE                             | CUSIP: 04052AEP7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1517068.20   | 0.37%             | 2033-10-01      | Fixed         | 5.26%                 | No            |                  2 | On Loan: No      |
| Arizona State University                                                         | ARIZONA ST UNIV                                              | CUSIP: 0406636P6<br>LEI: 254900BLZ1MCZ5JLK411 | Long             | DBT              | MUN               | US        |   1850000 | PA      | $1913600.41   | 0.47%             | 2043-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Athens Independent School District                                               | ATHENS TX INDEP SCH DIST                                     | CUSIP: 047375SX9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3510000 | PA      | $3703639.33   | 0.90%             | 2045-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Atlanta GA                                                               | ATLANTA GA                                                   | CUSIP: 047772J82<br>LEI: 549300GHLQ0J51NUBM84 | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3914967.35   | 0.95%             | 2037-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Atlanta GA Department of Aviation                                        | ATLANTA GA ARPT REVENUE                                      | CUSIP: 04780M2X6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1093667.70   | 0.27%             | 2041-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Atlanta GA Department of Aviation                                        | ATLANTA GA ARPT REVENUE                                      | CUSIP: 04780M2Y4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1623820.95   | 0.40%             | 2042-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Atlanta GA Airport Passenger Facility Charge                             | ATLANTA GA ARPT PASSENGER FAC CHARGE REVENUE                 | CUSIP: 04780TEW0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1626281.70   | 0.40%             | 2041-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Atlanta GA Water & Wastewater Revenue                                    | ATLANTA GA WTR & WSTWTR REVENUE                              | CUSIP: 047870TF7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1350000 | PA      | $1337158.53   | 0.33%             | 2043-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Avon Community School Building Corp                                              | AVON IN CMNTY SCH BLDG CORP                                  | CUSIP: 054071PE9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1111033.90   | 0.27%             | 2041-07-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Battery Park City Authority                                                      | BATTERY PARK CITY NY AUTH                                    | CUSIP: 07133AJM5<br>LEI: 549300RF3SFDOWRHVM56 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4166675.20   | 1.01%             | 2053-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Battery Park City Authority                                                      | BATTERY PARK CITY NY AUTH                                    | CUSIP: 07133AKM3<br>LEI: 549300RF3SFDOWRHVM56 | Long             | DBT              | MUN               | US        |    730000 | PA      | $794806.85    | 0.19%             | 2045-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Village of Bellwood IL                                                           | BELLWOOD IL TAX INCREMENT REVENUE                            | CUSIP: 080031AH0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1002371.20   | 0.24%             | 2050-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Berkeley County Public Service District                                          | BERKELEY CNTY WV PUBLIC SVC DIST WTR REVENUE                 | CUSIP: 084246NS2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $548355.10    | 0.13%             | 2038-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Berkeley County Public Service District                                          | BERKELEY CNTY WV PUBLIC SVC DIST WTR REVENUE                 | CUSIP: 084246NT0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    330000 | PA      | $359580.94    | 0.09%             | 2039-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Berkeley County Public Service District                                          | BERKELEY CNTY WV PUBLIC SVC DIST WTR REVENUE                 | CUSIP: 084246NU7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $541326.40    | 0.13%             | 2040-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Berkeley County Public Service District                                          | BERKELEY CNTY WV PUBLIC SVC DIST WTR REVENUE                 | CUSIP: 084246NW3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1232944.88   | 0.30%             | 2049-12-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Big Sky Resort Area District                                                     | BIG SKY RESORT AREA DIST RESORT TAX REVENUE                  | CUSIP: 08954GAT0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    450000 | PA      | $489637.04    | 0.12%             | 2043-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Big Sky Resort Area District                                                     | BIG SKY RESORT AREA DIST RESORT TAX REVENUE                  | CUSIP: 08954GAX1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    675000 | PA      | $711807.08    | 0.17%             | 2047-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BLUEHUB LOAN FUND                                                                | BlueHub Loan Fund Inc                                        | CUSIP: 095623AB0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   5000000 | PA      | $4698075.00   | 1.14%             | 2030-01-01      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| Brookhaven Development Authority                                                 | BROOKHAVEN DEV AUTH GA                                       | CUSIP: 113073AY6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1965000 | PA      | $1812470.22   | 0.44%             | 2049-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Build NYC Resource Corp                                                          | BUILD NYC RESOURCE CORP NY REVENUE                           | CUSIP: 12008ERH1<br>LEI: 549300GROJFKMNLWEK84 | Long             | DBT              | MUN               | US        |    120000 | PA      | $119728.52    | 0.03%             | 2026-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Build NYC Resource Corp                                                          | BUILD NYC RESOURCE CORP NY REVENUE                           | CUSIP: 12008ERJ7<br>LEI: 549300GROJFKMNLWEK84 | Long             | DBT              | MUN               | US        |     80000 | PA      | $80521.08     | 0.02%             | 2027-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Build NYC Resource Corp                                                          | BUILD NYC RESOURCE CORP NY REVENUE                           | CUSIP: 12008ERM0<br>LEI: 549300GROJFKMNLWEK84 | Long             | DBT              | MUN               | US        |    100000 | PA      | $100074.64    | 0.02%             | 2030-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Build NYC Resource Corp                                                          | BUILD NYC RESOURCE CORP NY REVENUE                           | CUSIP: 12008ERN8<br>LEI: 549300GROJFKMNLWEK84 | Long             | DBT              | MUN               | US        |    100000 | PA      | $99874.85     | 0.02%             | 2031-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Build NYC Resource Corp                                                          | BUILD NYC RESOURCE CORP NY REVENUE                           | CUSIP: 12008EWN2<br>LEI: 549300GROJFKMNLWEK84 | Long             | DBT              | MUN               | US        |    500000 | PA      | $535767.15    | 0.13%             | 2046-12-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                  | CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE  | CUSIP: 13013JBL9<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1572752.85   | 0.38%             | 2053-12-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                  | CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE  | CUSIP: 13013JDD5<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   4905000 | PA      | $5354884.64   | 1.30%             | 2054-10-01      | Floating      | 5.50%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                  | CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE  | CUSIP: 13013JDG8<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   1660000 | PA      | $1764013.94   | 0.43%             | 2054-11-01      | Floating      | 5.25%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                  | CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE  | CUSIP: 13013JEA0<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4171418.00   | 1.01%             | 2055-01-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                  | CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE  | CUSIP: 13013JEB8<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   4300000 | PA      | $4557867.56   | 1.11%             | 2055-08-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| California Health Facilities Financing Authority                                 | CALIFORNIA ST HLTH FACS FING AUTH REVENUE                    | CUSIP: 13032UVD7<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1989432.80   | 0.48%             | 2026-06-01      | Fixed         | 2.36%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                           | CALIFORNIA MUNI FIN AUTH MF                                  | CUSIP: 130489AB3<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   3960000 | PA      | $4051880.32   | 0.99%             | 2040-08-01      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                           | CALIFORNIA ST MUNI FIN AUTH SOL WST DISP REVENUE             | CUSIP: 13048RAM9<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1041189.30   | 0.25%             | 2053-09-01      | Floating      | 4.38%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                           | CALIFORNIA ST MUNI FIN AUTH REVENUE                          | CUSIP: 13048V3Y2<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   2240000 | PA      | $2323041.06   | 0.57%             | 2045-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                           | CALIFORNIA ST MUNI FIN AUTH MOBILE HOME PARK REVENUE         | CUSIP: 13049SGA6<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $927103.30    | 0.23%             | 2044-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| State of California                                                              | CALIFORNIA ST                                                | CUSIP: 13063CA34<br>LEI: 9845007J7054602FF597 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1007734.70   | 0.25%             | 2032-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California Enterprise Development Authority                                      | CALIFORNIA ST ENTERPRISE DEV AUTH CHRT SCH REVENUE           | CUSIP: 13069AAX6<br>LEI: 549300544P6FSHU1HB46 | Long             | DBT              | MUN               | US        |    500000 | PA      | $524686.40    | 0.13%             | 2034-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Canton Independent School District/TX                                            | CANTON TX INDEP SCH DIST                                     | CUSIP: 138555RD1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2070000 | PA      | $2304455.24   | 0.56%             | 2042-02-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Carmel IN Waterworks Revenue                                             | CARMEL IN WTRWKS REVENUE                                     | CUSIP: 143321LQ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    790000 | PA      | $818466.39    | 0.20%             | 2051-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Cass County Joint Water Resource District                                        | CASS CNTY ND JT WTR RESOURCE DIST                            | CUSIP: 14805PBA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1250261.88   | 0.30%             | 2027-04-01      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| City of Center City MN                                                           | CENTER CITY MN HLTH CARE FACSREVENUE                         | CUSIP: 151452CQ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1160000 | PA      | $1198713.61   | 0.29%             | 2044-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                       | CHICAGO IL BRD OF EDU                                        | CUSIP: 167505QR0<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1996553.40   | 0.49%             | 2039-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                       | CHICAGO IL BRD OF EDU                                        | CUSIP: 167505SM9<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   2160000 | PA      | $2161941.62   | 0.53%             | 2034-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                       | CHICAGO IL BRD OF EDU                                        | CUSIP: 167505ZC3<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4070472.00   | 0.99%             | 2036-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Metropolitan Water Reclamation District of Greater Chicago                       | CHICAGO IL MET WTR RECLAMATION DIST GREATER CHICAGO          | CUSIP: 167560TL5<br>LEI: 254900GOGQEZEWCZ4D37 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3009182.10   | 0.73%             | 2045-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Chicago IL Wastewater Transmission Revenue                               | CHICAGO IL WSTWTR TRANSMISSION REVENUE                       | CUSIP: 167727D94<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1078417.90   | 0.26%             | 2039-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Chicago IL Waterworks Revenue                                            | CHICAGO IL WTRWKS REVENUE                                    | CUSIP: 167736W94<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1081500.30   | 0.26%             | 2038-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Oregon City School District No 62                                                | CLACKAMAS CNTY OR SCH DIST #62C OREGON CITY                  | CUSIP: 179162LR1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1935912.30   | 0.47%             | 2042-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Oregon City School District No 62                                                | CLACKAMAS CNTY OR SCH DIST #62C OREGON CITY                  | CUSIP: 179162LU4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    705000 | PA      | $759836.66    | 0.18%             | 2045-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Clairton Municipal Authority                                                     | CLAIRTON PA MUNI AUTH SWR REVENUE                            | CUSIP: 179630DM7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1755646.03   | 0.43%             | 2038-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| College of Western Idaho                                                         | CLG OF WSTRN ID ANNUAL APPROP COPS                           | CUSIP: 194521BY5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    535000 | PA      | $524029.40    | 0.13%             | 2045-08-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| College of Western Idaho                                                         | CLG OF WSTRN ID ANNUAL APPROP COPS                           | CUSIP: 194521BZ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    480000 | PA      | $502878.19    | 0.12%             | 2050-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Collier County Industrial Development Authority                                  | COLLIER CNTY FL INDL DEV AUTH                                | CUSIP: 194641BE5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3260144.40   | 0.79%             | 2054-10-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Columbus Multi School Building Corp                                              | COLUMBUS IN MULTI-SCH BLDG CORP                              | CUSIP: 199240JH6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    815000 | PA      | $879066.58    | 0.21%             | 2042-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maryland Community Development Administration                                    | CMNTY DEV ADMIN MD MF DEV REVENUE                            | CUSIP: 20364NCJ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3970000 | PA      | $3904264.74   | 0.95%             | 2044-02-01      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| Connecticut Green Bank                                                           | CONNECTICUT ST GREEN BANK                                    | CUSIP: 207580BK6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1536000 | PA      | $1547247.51   | 0.38%             | 2032-11-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Connecticut Green Bank                                                           | CONNECTICUT ST GREEN BANK                                    | CUSIP: 207580BN0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    568000 | PA      | $570016.12    | 0.14%             | 2035-11-15      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| Connecticut Green Bank                                                           | CONNECTICUT ST GREEN BANK                                    | CUSIP: 207580BP5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    745000 | PA      | $745073.98    | 0.18%             | 2036-11-15      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| Connecticut Green Bank                                                           | CONNECTICUT ST GREEN BANK                                    | CUSIP: 207580BQ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    640000 | PA      | $639957.12    | 0.16%             | 2037-11-15      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| Connecticut State Health & Educational Facilities Authority                      | CONNECTICUT ST HLTH & EDUCTNL FACS AUTH REV                  | CUSIP: 20774YUS4<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |   1145000 | PA      | $1145041.22   | 0.28%             | 2038-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Connecticut State Health & Educational Facilities Authority                      | CONNECTICUT ST HLTH & EDUCTNL FACS AUTH REVENUE              | CUSIP: 20775DF64<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |    325000 | PA      | $357699.62    | 0.09%             | 2041-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Connecticut State Health & Educational Facilities Authority                      | CONNECTICUT ST HLTH & EDUCTNL FACS AUTH REVENUE              | CUSIP: 20775DF72<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |    325000 | PA      | $353682.16    | 0.09%             | 2042-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CONSERVATION FUND                                                                | Conservation Fund A Nonprofit Corp/The                       | CUSIP: 20848FAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3453000 | PA      | $3313820.10   | 0.81%             | 2029-12-15      | Fixed         | 3.47%                 | No            |                  2 | On Loan: No      |
| Cuyahoga Metropolitan Housing Authority                                          | CUYAHOGA OH MET HSG AUTH REVENUE                             | CUSIP: 232394BM7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1133988.88   | 0.28%             | 2031-12-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Denver City & County Housing Authority                                           | DENVER CO CITY & CNTY MF HSG REVENUE                         | CUSIP: 24917QBJ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2025400.60   | 0.49%             | 2041-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Denver City & County Housing Authority                                           | DENVER CO CITY & CNTY MF HSG REVENUE                         | CUSIP: 24917QBP8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1262284.38   | 0.31%             | 2045-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Detroit MI                                                               | DETROIT MI                                                   | CUSIP: 2510935M8<br>LEI: 549300BQRJP7MKKHOY28 | Long             | DBT              | MUN               | US        |    750000 | PA      | $739758.38    | 0.18%             | 2027-04-01      | Fixed         | 2.96%                 | No            |                  2 | On Loan: No      |
| City of Detroit MI                                                               | DETROIT MI                                                   | CUSIP: 2510935Z9<br>LEI: 549300BQRJP7MKKHOY28 | Long             | DBT              | MUN               | US        |    600000 | PA      | $660849.66    | 0.16%             | 2031-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Detroit MI                                                               | DETROIT MI                                                   | CUSIP: 2510936A3<br>LEI: 549300BQRJP7MKKHOY28 | Long             | DBT              | MUN               | US        |    600000 | PA      | $668895.06    | 0.16%             | 2032-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| District of Columbia Water & Sewer Authority                                     | DIST OF COLUMBIA WTR & SWR AUTH PUBLIC UTILITY REVENUE       | CUSIP: 254845VN7<br>LEI: 549300OT2FIJQJ5PSH71 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1109662.20   | 0.27%             | 2041-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia Water & Sewer Authority                                     | DIST OF COLUMBIA WTR & SWR AUTH PUBLIC UTILITY REVENUE       | CUSIP: 254845VP2<br>LEI: 549300OT2FIJQJ5PSH71 | Long             | DBT              | MUN               | US        |   1290000 | PA      | $1415025.51   | 0.34%             | 2042-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia Water & Sewer Authority                                     | DIST OF COLUMBIA WTR & SWR AUTH PUBLIC UTILITY REVENUE       | CUSIP: 254845VQ0<br>LEI: 549300OT2FIJQJ5PSH71 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2713628.50   | 0.66%             | 2043-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Douglas County Public Utility District No 1 Wells Hydroelectric Project Revenue  | DOUGLAS CNTY WA PUBLIC UTILITY DIST #1 WELLS HYDROELEC       | CUSIP: 259561TQ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2053559.20   | 0.50%             | 2039-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Douglas County Public Utility District No 1 Wells Hydroelectric Project Revenue  | DOUGLAS CNTY WA PUBLIC UTILITY DIST #1 WELLS HYDROELEC       | CUSIP: 259561TR9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2038557.20   | 0.50%             | 2040-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| EP Cimarron Ventanas PFC                                                         | EP CIMARRON VENTANAS PFC TX RSDL DEV REVENUE                 | CUSIP: 26879QAN5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2017466.00   | 0.49%             | 2039-12-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Eagle River Water & Sanitation District Wastewater Revenue                       | EAGLE RIVER CO WTR & SANTN DIST ENTERPRISE WSTWTR REVENUE    | CUSIP: 26982VFD5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1820000 | PA      | $1662585.47   | 0.40%             | 2052-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Eastern Michigan University                                                      | ESTRN MICHIGAN UNIV REVENUES                                 | CUSIP: 276731F35<br>LEI: 549300K3C21R17LKDU63 | Long             | DBT              | MUN               | US        |    730000 | PA      | $764374.53    | 0.19%             | 2045-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Eco Maine                                                                        | ECO MAINE SOL WST RESOURCE RECOVERY SYS REVENUE              | CUSIP: 27888WAU3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1450000 | PA      | $1520458.40   | 0.37%             | 2044-10-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| EP Tuscany Zaragosa PFC                                                          | EP TUSCANY ZARAGOSA PFC TX                                   | CUSIP: 29414WAA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5012535.00   | 1.22%             | 2033-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Erie Sewer Authority                                                             | ERIE PA SWR AUTH                                             | CUSIP: 295533RW5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    825000 | PA      | $874250.52    | 0.21%             | 2042-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FW Texas Street Public Facility Corp                                             | FW TEXAS STREET PUBLIC FAC CORP RSDL DEV REVENUE             | CUSIP: 30322SAA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2652430.50   | 0.65%             | 2038-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fairfax County Economic Development Authority                                    | FAIRFAX CNTY VA ECON DEV AUTH REVENUE                        | CUSIP: 30382EHE7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1310000 | PA      | $1381707.96   | 0.34%             | 2034-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fairfax County Economic Development Authority                                    | FAIRFAX CNTY VA ECON DEV AUTH REVENUE                        | CUSIP: 30382EHF4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1445000 | PA      | $1517201.59   | 0.37%             | 2036-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Florence SC Combined Waterworks & Sewerage System Revenue                | FLORENCE SC WTR & SWR REVENUE                                | CUSIP: 340333PR8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1847255.00   | 0.45%             | 2055-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| County of Franklin OH                                                            | FRANKLIN CNTY OH HLTH CARE FACS REVENUE                      | CUSIP: 353180MF6<br>LEI: 549300VCBUC1RZE7KL42 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1499650.80   | 0.36%             | 2033-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Gilbert Community School District School Infrastructure Sales Services & Use Tax | GILBERT IA CMNTY SCH DIST SCHINFRASTRUCTURE SALES SVCS USE   | CUSIP: 375338CA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1345000 | PA      | $1357035.06   | 0.33%             | 2043-06-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Grand Prairie Water Commission                                                   | GRAND PRAIRIE WTR COMMISSION IL WTR REVENUE                  | CUSIP: 386173AJ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    975000 | PA      | $1052466.87   | 0.26%             | 2042-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Grand Prairie Water Commission                                                   | GRAND PRAIRIE WTR COMMISSION IL WTR REVENUE                  | CUSIP: 386173AK4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $267164.50    | 0.07%             | 2043-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Grand Prairie Water Commission                                                   | GRAND PRAIRIE WTR COMMISSION IL WTR REVENUE                  | CUSIP: 386173AL2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    725000 | PA      | $768890.85    | 0.19%             | 2044-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Grand Valley State University                                                    | GRAND VLY MI ST UNIV REVENUE                                 | CUSIP: 386545LB1<br>LEI: 5493004492FRREYG5M95 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1006968.20   | 0.24%             | 2033-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Grant County Public Utility District No 2 Priest Rapids Hydroelectric Project    | GRANT CNTY WA PUBLIC UTIL DIST #2 PRIEST RAPIDS HYDRO ELEC R | CUSIP: 387883A76<br>LEI: 549300XJXH7RNXS8PA58 | Long             | DBT              | MUN               | US        |   1525000 | PA      | $1664245.01   | 0.40%             | 2040-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Great Lakes Water Authority Water Supply System Revenue                          | GREAT LAKES MI WTR AUTH WTR SPLY SYS REVENUE                 | CUSIP: 39081JGP7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1068248.60   | 0.26%             | 2048-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Groton CT                                                                | GROTON CITY CT                                               | CUSIP: 399280E93<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1013592.10   | 0.25%             | 2042-04-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| State of Hawaii                                                                  | HAWAII ST                                                    | CUSIP: 419792LR5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2011217.20   | 0.49%             | 2034-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Henderson KY                                                             | HENDERSON KY EXEMPT FACS REVENUE                             | CUSIP: 425099AC2<br>LEI: 549300UJ32J1O26W1T80 | Long             | DBT              | MUN               | US        |   1415000 | PA      | $1414941.28   | 0.34%             | 2032-01-01      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| City & County Honolulu HI Wastewater System Revenue                              | HONOLULU CITY & CNTY HI WSTWTR SYS REVENUE                   | CUSIP: 4387015C4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    460000 | PA      | $502016.22    | 0.12%             | 2046-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City & County Honolulu HI Wastewater System Revenue                              | HONOLULU CITY & CNTY HI WSTWTR SYS REVENUE                   | CUSIP: 4387015D2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $652755.36    | 0.16%             | 2047-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City & County Honolulu HI Wastewater System Revenue                              | HONOLULU CITY & CNTY HI WSTWTR SYS REVENUE                   | CUSIP: 4387015F7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $540552.30    | 0.13%             | 2050-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City & County Honolulu HI Wastewater System Revenue                              | HONOLULU CITY & CNTY HI WSTWTR SYS REVENUE                   | CUSIP: 4387015G5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $538056.80    | 0.13%             | 2055-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Howell Public Schools                                                            | HOWELL MI PUBLIC SCHS                                        | CUSIP: 443114WQ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $387004.45    | 0.09%             | 2041-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Health Care Authority of the City of Huntsville/The                              | HUNTSVILLE AL HLTH CARE AUTH REVENUE                         | CUSIP: 44706HDX2<br>LEI: 254900QP8DQFH746YJ31 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5402113.50   | 1.31%             | 2053-06-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Educational Facilities Authority                                        | ILLINOIS ST EDUCTNL FACS AUTH                                | CUSIP: 45201QCY8<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1016395.80   | 0.25%             | 2036-11-01      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| Illinois Educational Facilities Authority                                        | ILLINOIS ST EDUCTNL FACS AUTH                                | CUSIP: 45201QCZ5<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1012923.40   | 0.25%             | 2036-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Independent Cities Finance Authority                                             | INDEP CITIES CA FIN AUTH MOBILE HOME PARK REVENUE            | CUSIP: 45385LMH3<br>LEI: 549300ZZZYTBUL6FR983 | Long             | DBT              | MUN               | US        |   1145000 | PA      | $1165261.69   | 0.28%             | 2034-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Independent Cities Finance Authority                                             | INDEP CITIES CA FIN AUTH MOBILE HOME PARK REVENUE            | CUSIP: 45385LMN0<br>LEI: 549300ZZZYTBUL6FR983 | Long             | DBT              | MUN               | US        |   1020000 | PA      | $1048087.13   | 0.25%             | 2031-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Independent Cities Finance Authority                                             | INDEP CITIES CA FIN AUTH MOBILE HOME PARK REVENUE            | CUSIP: 45385LNC3<br>LEI: 549300ZZZYTBUL6FR983 | Long             | DBT              | MUN               | US        |    500000 | PA      | $460101.40    | 0.11%             | 2031-06-15      | Fixed         | 2.51%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | INDIANA ST FIN AUTH HLTH SYS REVENUE                         | CUSIP: 45470YFF3<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1351195.00   | 0.33%             | 2041-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | INDIANA ST FIN AUTH HLTH FAC REVENUE                         | CUSIP: 45471CBQ0<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   1205000 | PA      | $1195649.68   | 0.29%             | 2035-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | INDIANA ST FIN AUTH HLTH FAC REVENUE                         | CUSIP: 45471CBR8<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   2520000 | PA      | $2488769.39   | 0.61%             | 2036-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | INDIANA ST FIN AUTH STUDENT HSG REVENUE                      | CUSIP: 45471FAD3<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |    800000 | PA      | $841629.76    | 0.20%             | 2038-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Housing & Community Development Authority                                | INDIANA ST HSG & CMNTY DEV AUTH SF MTGE REVENUE              | CUSIP: 45505TYA3<br>LEI: 549300QRKDYVNHT1OE86 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1029794.10   | 0.25%             | 2037-07-01      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| Indiana Housing & Community Development Authority                                | INDIANA ST HSG & CMNTY DEV AUTH SF MTGE REVENUE              | CUSIP: 45505TYB1<br>LEI: 549300QRKDYVNHT1OE86 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1032171.60   | 0.25%             | 2042-07-01      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| Indianapolis Local Public Improvement Bond Bank                                  | INDIANAPOLIS IN LOCAL PUBLIC IMPT BOND BANK                  | CUSIP: 45528U3C3<br>LEI: 549300LX8ESJHDSESB87 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2075830.80   | 0.51%             | 2052-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indianapolis Local Public Improvement Bond Bank                                  | INDIANAPOLIS IN LOCAL PUBLIC IMPT BOND BANK                  | CUSIP: 45528VCZ0<br>LEI: 549300LX8ESJHDSESB87 | Long             | DBT              | MUN               | US        |   3510000 | PA      | $3611662.94   | 0.88%             | 2053-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Iowa Finance Authority                                                           | IOWA ST FIN AUTH SOL WST FACS REVENUE                        | CUSIP: 46246YAB8<br>LEI: 549300NQVL49BTHOW391 | Long             | DBT              | MUN               | US        |   1445000 | PA      | $1443537.66   | 0.35%             | 2042-01-01      | Floating      | 3.88%                 | No            |                  2 | On Loan: No      |
| IPS Multi-School Building Corp                                                   | IPS MULTI-SCH BLDG CORP IN                                   | CUSIP: 46263RVX0<br>LEI: 549300BHLK1DUJUYPM91 | Long             | DBT              | MUN               | US        |   1150000 | PA      | $1241347.38   | 0.30%             | 2042-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| IPS Multi-School Building Corp                                                   | IPS MULTI-SCH BLDG CORP IN                                   | CUSIP: 46263RVY8<br>LEI: 549300BHLK1DUJUYPM91 | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1385721.74   | 0.34%             | 2043-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Jackson County Consolidated School District No 4                                 | JACKSON CNTY MO CONSOL SCH DIST #4                           | CUSIP: 467484RX1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3400000 | PA      | $3477102.48   | 0.85%             | 2036-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Jefferson AL Sewer Revenue                                             | JEFFERSON CNTY AL SWR REVENUE WARRANTS                       | CUSIP: 472682ZK2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1420000 | PA      | $1558492.17   | 0.38%             | 2040-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Kansas City MO                                                           | KANSAS CITY MO SPL OBLG                                      | CUSIP: 485106MK1<br>LEI: 549300EGAE3I3XU7XE19 | Long             | DBT              | MUN               | US        |    400000 | PA      | $400183.08    | 0.10%             | 2035-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Kern Community College District                                                  | KERN CA CMNTY CLG DIST                                       | CUSIP: 492244GQ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2292608.60   | 0.56%             | 2038-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Kern Community College District                                                  | KERN CA CMNTY CLG DIST                                       | CUSIP: 492244GS1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1355746.92   | 0.33%             | 2040-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| King County School District No 403 Renton                                        | KING CNTY WA SCH DIST #403 RENTON                            | CUSIP: 495080WM1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1225000 | PA      | $1243561.32   | 0.30%             | 2039-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Larkspur-Corte Madera School District                                            | LARKSPUR-CORTE MADERA CA SCH DIST                            | CUSIP: 51724TCY8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    415000 | PA      | $377927.39    | 0.09%             | 2030-08-01      | Fixed         | 1.70%                 | No            |                  2 | On Loan: No      |
| Larkspur-Corte Madera School District                                            | LARKSPUR-CORTE MADERA CA SCH DIST                            | CUSIP: 51724TCZ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $356861.32    | 0.09%             | 2031-08-01      | Fixed         | 1.80%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles CA                                                           | LOS ANGELES CA                                               | CUSIP: 544351QR3<br>LEI: 549300E7TO710PTXPJ65 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3027174.00   | 0.74%             | 2026-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                       | LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE                    | CUSIP: 544445C23<br>LEI: 549300E7TO710PTXPJ65 | Long             | DBT              | MUN               | US        |   3200000 | PA      | $3541729.28   | 0.86%             | 2039-05-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                       | LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE                    | CUSIP: 544445X87<br>LEI: 549300E7TO710PTXPJ65 | Long             | DBT              | MUN               | US        |   1760000 | PA      | $1940871.68   | 0.47%             | 2037-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Housing Authority                                                    | LOS ANGELES CA HSG AUTH MF HSG REVENUE                       | CUSIP: 544562CP4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1975000 | PA      | $1988367.99   | 0.48%             | 2034-04-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Los Angeles Unified School District/CA                                           | LOS ANGELES CA UNIF SCH DIST                                 | CUSIP: 544647GT1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2035000 | PA      | $2385814.26   | 0.58%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maine State Housing Authority                                                    | MAINE ST HSG AUTH MTGE PURCHASE                              | CUSIP: 56052FYS8<br>LEI: 549300SO05LH6D240016 | Long             | DBT              | MUN               | US        |   1590000 | PA      | $1597798.79   | 0.39%             | 2042-11-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| Manteca Unified School District                                                  | MANTECA CA UNIF SCH DIST                                     | CUSIP: 564538JL1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2300000 | PA      | $2565006.46   | 0.62%             | 2045-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Maricopa County Elementary School District No 8 Osborn                           | MARICOPA CNTY AZ ELEM SCH DIST #8 OSBORN                     | CUSIP: 56674MEN4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    850000 | PA      | $942477.96    | 0.23%             | 2041-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maricopa County Elementary School District No 8 Osborn                           | MARICOPA CNTY AZ ELEM SCH DIST #8 OSBORN                     | CUSIP: 56674MEQ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1408498.78   | 0.34%             | 2043-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maricopa County Industrial Development Authority                                 | MARICOPA CNTY AZ INDL DEV AUTH EDU REVENUE                   | CUSIP: 56681NGJ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $249909.23    | 0.06%             | 2031-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Maricopa County Industrial Development Authority                                 | MARICOPA CNTY AZ INDL DEV AUTH EDU REVENUE                   | CUSIP: 56681NGR2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $478228.95    | 0.12%             | 2031-07-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Salem-Keizer School District No 24J                                              | MARION & POLK CNTYS OR SCH DIST #24J SALEM                   | CUSIP: 569203PL0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2556337.00   | 0.62%             | 2037-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Maryland Community Development Administration                                    | MARYLAND ST CMNTY DEV ADMIN DEPT HSG & CMNTY DEV             | CUSIP: 57419RWS0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1575000 | PA      | $1574999.84   | 0.38%             | 2040-07-01      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| Maryland Community Development Administration                                    | MARYLAND ST CMNTY DEV ADMIN DEPT HSG & CMNTY DEV             | CUSIP: 57419RWU5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    550000 | PA      | $534698.51    | 0.13%             | 2050-07-01      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| Maryland Economic Development Corp                                               | MARYLAND ST ECON DEV CORP STUDENT HSG REVENUE                | CUSIP: 57420VSM6<br>LEI: 549300JJ16DDBSZWSN94 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1068270.50   | 0.26%             | 2043-07-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Maryland Health & Higher Educational Facilities Authority                        | MARYLAND ST HLTH & HGR EDUCTNL FACS AUTH REVENUE             | CUSIP: 57421CGW8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $24418.31     | 0.01%             | 2044-10-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Massachusetts Educational Financing Authority                                    | MASSACHUSETTS ST EDUCTNL FING AUTH                           | CUSIP: 57563RTB5<br>LEI: 5493007K5OP7V6CL0Y88 | Long             | DBT              | MUN               | US        |    100000 | PA      | $105775.28    | 0.03%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Clean Water Trust/The                                              | MASSACHUSETTS ST CLEAN WTR TRUST                             | CUSIP: 575829MQ6<br>LEI: 549300SYPEROLSQU0261 | Long             | DBT              | MUN               | US        |    700000 | PA      | $759834.11    | 0.18%             | 2042-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                         | MASSACHUSETTS ST DEV FIN AGY REVENUE                         | CUSIP: 57584XNV9<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |    500000 | PA      | $508170.80    | 0.12%             | 2034-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                         | MASSACHUSETTS ST DEV FIN AGY REVENUE                         | CUSIP: 57584YVR7<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   2480000 | PA      | $2490797.42   | 0.61%             | 2059-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                         | MASSACHUSETTS ST DEV FIN AGY REVENUE                         | CUSIP: 57585BMC9<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |    500000 | PA      | $538517.45    | 0.13%             | 2050-09-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Housing Finance Agency                                             | MASSACHUSETTS ST HSG FIN AGY HSG REVENUE                     | CUSIP: 57587ANE4<br>LEI: 549300NLJBK1VP6K2K81 | Long             | DBT              | MUN               | US        |    550000 | PA      | $545878.85    | 0.13%             | 2028-12-01      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| Massachusetts Housing Finance Agency                                             | MASSACHUSETTS ST HSG FIN AGY HSG REVENUE                     | CUSIP: 57587GXH3<br>LEI: 549300NLJBK1VP6K2K81 | Long             | DBT              | MUN               | US        |   1475000 | PA      | $1518381.52   | 0.37%             | 2038-12-01      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| Massachusetts Housing Finance Agency                                             | MASSACHUSETTS ST HSG FIN AGY HSG REVENUE                     | CUSIP: 57587GXJ9<br>LEI: 549300NLJBK1VP6K2K81 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2041532.00   | 0.50%             | 2043-12-01      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Massachusetts Transportation Fund Revenue                        | MASSACHUSETTS ST TRANSPRTN FUND REVENUE                      | CUSIP: 57604TKC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1025908.10   | 0.25%             | 2050-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Massachusetts Transportation Fund Revenue                        | MASSACHUSETTS ST TRANSPRTN FUND REVENUE                      | CUSIP: 57604TKE5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1035855.80   | 0.25%             | 2053-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Mesa AZ Utility System Revenue                                           | MESA AZ UTILITY SYS REVENUE                                  | CUSIP: 590545TZ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1035000 | PA      | $1035305.01   | 0.25%             | 2037-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority Dedicated Tax Fund                         | MET TRANSPRTN AUTH NY DEDICATED TAX FUND                     | CUSIP: 59260XCB2<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2674210.50   | 0.65%             | 2044-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority                                            | MET TRANSPRTN AUTH NY REVENUE                                | CUSIP: 59261AJ99<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1819048.00   | 0.44%             | 2045-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                                       | MICHIGAN ST FIN AUTH ACT 38 FACS SENIOR REVEUE               | CUSIP: 59447NAX4<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |    600000 | PA      | $654845.52    | 0.16%             | 2040-02-29      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                                       | MICHIGAN ST FIN AUTH ACT 38 FACS SENIOR REVEUE               | CUSIP: 59447NAY2<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1188984.28   | 0.29%             | 2041-02-28      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                                       | MICHIGAN ST FIN AUTH REVENUE                                 | CUSIP: 59447TD75<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   1390000 | PA      | $1307713.67   | 0.32%             | 2037-10-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                                       | MICHIGAN ST FIN AUTH REVENUE                                 | CUSIP: 59447THE6<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   1900000 | PA      | $1723845.87   | 0.42%             | 2046-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Missouri Joint Municipal Electric Utility Commission                             | MISSOURI JT MUNI ELEC UTILITY COMMISSION PWR SUPPLY SYS REV  | CUSIP: 606094DU1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2159320.80   | 0.53%             | 2043-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Health & Educational Facilities Authority of the State of Missouri               | MISSOURI ST HLTH & EDUCTNL FACS AUTH HLTH FACS REVENUE       | CUSIP: 60637AMG4<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |   1800000 | PA      | $1611200.70   | 0.39%             | 2047-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Health & Educational Facilities Authority of the State of Missouri               | MISSOURI ST HLTH & EDUCTNL FACS AUTH HLTH FACS REVENUE       | CUSIP: 60637AMK5<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |   1100000 | PA      | $971396.91    | 0.24%             | 2049-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH MUNI CTFS                               | CUSIP: 63607WAC8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2860409 | PA      | $2914031.27   | 0.71%             | 2036-09-20      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH MUNI CTFS                               | CUSIP: 63607WAE4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2867566 | PA      | $2847271.10   | 0.69%             | 2036-10-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH MUNI CTFS                               | CUSIP: 63607WAU8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1483142 | PA      | $1425246.31   | 0.35%             | 2039-08-20      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH MUNI CTFS                               | CUSIP: 63607WAW4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2478312 | PA      | $2459069.32   | 0.60%             | 2051-10-01      | Variable      | 4.16%                 | No            |                  2 | On Loan: No      |
| NATURE CONSERVANCY (THE)                                                         | Nature Conservancy/The                                       | CUSIP: 63902HAJ8<br>LEI: 549300GJ1IZME7V1JJ28 | Long             | DBT              | CORP              | US        |   1285000 | PA      | $1260226.40   | 0.31%             | 2026-07-01      | Fixed         | 0.94%                 | No            |                  2 | On Loan: No      |
| Navajo County Unified School District No 27 Kayenta                              | NAVAJO CNTY AZ UNIF SCH DIST #27 KAYENTA IMPACT AID REV      | CUSIP: 639147AB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1105000 | PA      | $1279655.31   | 0.31%             | 2035-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                        | NEW JERSEY ST ECON DEV AUTH REV                              | CUSIP: 64577XDV5<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1342730.28   | 0.33%             | 2035-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                        | NEW JERSEY ST ECON DEV AUTH                                  | CUSIP: 64578EMQ7<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |    500000 | PA      | $518247.85    | 0.13%             | 2031-03-01      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                        | NEW JERSEY ST ECON DEV AUTH                                  | CUSIP: 64578EMR5<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |    500000 | PA      | $520254.80    | 0.13%             | 2032-03-01      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                        | NEW JERSEY ST ECON DEV AUTH                                  | CUSIP: 64578EMS3<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |    500000 | PA      | $520857.95    | 0.13%             | 2033-03-01      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| New Jersey Housing & Mortgage Finance Agency                                     | NEW JERSEY ST HSG & MTGE FIN AGY REVENUE                     | CUSIP: 64613AFV9<br>LEI: 5493002ONULJL0FIGU24 | Long             | DBT              | MUN               | US        |   3190000 | PA      | $3268820.43   | 0.80%             | 2032-04-01      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| New York City Housing Development Corp                                           | NEW YORK CITY NY HSG DEV CORP MF HSG REVENUE                 | CUSIP: 64972CKE2<br>LEI: 549300SQWVHKBRF8D702 | Long             | DBT              | MUN               | US        |    965000 | PA      | $965585.37    | 0.23%             | 2030-11-01      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| New York City Housing Development Corp                                           | NEW YORK CITY NY HSG DEV CORP MF HSG REVENUE                 | CUSIP: 64972ERZ4<br>LEI: 549300SQWVHKBRF8D702 | Long             | DBT              | MUN               | US        |   2100000 | PA      | $1851172.89   | 0.45%             | 2032-05-01      | Fixed         | 1.70%                 | No            |                  2 | On Loan: No      |
| New York City Housing Development Corp                                           | NEW YORK CITY NY HSG DEV CORP MF HSG REVENUE                 | CUSIP: 64972ESA8<br>LEI: 549300SQWVHKBRF8D702 | Long             | DBT              | MUN               | US        |    990000 | PA      | $866456.51    | 0.21%             | 2032-11-01      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| New York City Municipal Water Finance Authority                                  | NEW YORK CITY NY MUNI WTR FIN AUTH WTR & SWR SYS REVENUE     | CUSIP: 64972GC28<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1039590.30   | 0.25%             | 2047-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Environmental Facilities Corp                                     | NEW YORK ST ENVRNMNTL FACS CORP REVENUE                      | CUSIP: 64985HR66<br>LEI: 549300QJ33JJW73OQO60 | Long             | DBT              | MUN               | US        |   2490000 | PA      | $2636176.20   | 0.64%             | 2052-09-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | NEW YORK ST DORM AUTH REVENUES NON ST SUPPORTED DEBT         | CUSIP: 64985SJV6<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |    225000 | PA      | $249919.07    | 0.06%             | 2041-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | NEW YORK ST DORM AUTH REVENUES NON ST SUPPORTED DEBT         | CUSIP: 64985SJW4<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |    250000 | PA      | $275192.83    | 0.07%             | 2042-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Housing Finance Agency                                            | NEW YORK ST HSG FIN AGY                                      | CUSIP: 64987DM27<br>LEI: 5493000LS7KCDB02O506 | Long             | DBT              | MUN               | US        |   1980000 | PA      | $1726445.56   | 0.42%             | 2039-11-01      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| New York State Housing Finance Agency                                            | NEW YORK ST HSG FIN AGY AFFORDABLE HSG REVENUE               | CUSIP: 64987JSG7<br>LEI: 5493000LS7KCDB02O506 | Long             | DBT              | MUN               | US        |    745000 | PA      | $738268.70    | 0.18%             | 2060-11-01      | Floating      | 2.50%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | NEW YORK ST DORM AUTH REVENUES NON ST SUPPORTED DEBT         | CUSIP: 65000B8M3<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1084639.30   | 0.26%             | 2040-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | NEW YORK ST DORM AUTH REVENUES NON ST SUPPORTED DEBT         | CUSIP: 65000B8N1<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |    875000 | PA      | $939344.96    | 0.23%             | 2041-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New York Power Authority                                                         | NEW YORK ST PWR AUTH GREEN TRANSMISSION PROJ REVENUE         | CUSIP: 65000XBQ2<br>LEI: I5P1GEYFGGMMDOFX2L30 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1700864.85   | 0.41%             | 2041-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New York Power Authority                                                         | NEW YORK ST PWR AUTH GREEN TRANSMISSION PROJ REVENUE         | CUSIP: 65000XBR0<br>LEI: I5P1GEYFGGMMDOFX2L30 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1120098.80   | 0.27%             | 2042-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Niagara Area Development Corp                                                    | NIAGARA NY AREA DEV CORP SOLID WASTE DISP FAC REVENUE        | CUSIP: 653542AC4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1761540.00   | 0.43%             | 2042-11-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Ohio Higher Educational Facility Commission                                      | OHIO ST HGR EDUCTNL FAC COMMISSION                           | CUSIP: 67756DM52<br>LEI: 5493007MQT6NGNN6BR81 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4150113.20   | 1.01%             | 2048-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Ohio                                                                    | OHIO ST PRIVATE ACTIVITY REVENUE                             | CUSIP: 67759YAM9<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |    215000 | PA      | $215370.98    | 0.05%             | 2030-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Oklahoma Water Resources Board                                                   | OKLAHOMA ST WTR RESOURCE BRD REVOLVING FUND REVENUE          | CUSIP: 67919PWS8<br>LEI: 5493007CUNXW5UX11C71 | Long             | DBT              | MUN               | US        |    620000 | PA      | $686593.39    | 0.17%             | 2041-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Oklahoma Water Resources Board                                                   | OKLAHOMA ST WTR RES BRD ST LOAN PROGRAM REVENUE              | CUSIP: 67920Q5K0<br>LEI: 5493007CUNXW5UX11C71 | Long             | DBT              | MUN               | US        |   2735000 | PA      | $2669210.40   | 0.65%             | 2044-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| State of Oregon Housing & Community Services Department                          | OREGON ST HSG & CMNTY SVCS DEPT MF REVENUE                   | CUSIP: 68608ENJ7<br>LEI: 549300N3PYWYJ0Z8N757 | Long             | DBT              | MUN               | US        |   2145000 | PA      | $2170330.31   | 0.53%             | 2043-11-01      | Fixed         | 4.33%                 | No            |                  2 | On Loan: No      |
| Oregon State Facilities Authority                                                | OREGON ST FACS AUTH REVENUE                                  | CUSIP: 68608JYR6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    185000 | PA      | $178444.67    | 0.04%             | 2027-07-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Oregon State Facilities Authority                                                | OREGON ST FACS AUTH REVENUE                                  | CUSIP: 68608JYT2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    275000 | PA      | $255367.17    | 0.06%             | 2029-07-01      | Fixed         | 2.43%                 | No            |                  2 | On Loan: No      |
| Oregon State Facilities Authority                                                | OREGON ST FACS AUTH REVENUE                                  | CUSIP: 68608JYV7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     90000 | PA      | $80449.37     | 0.02%             | 2031-07-01      | Fixed         | 2.68%                 | No            |                  2 | On Loan: No      |
| City of Pasadena CA                                                              | PASADENA CA                                                  | CUSIP: 70218GBB0<br>LEI: 5493007ZF3ZMBUWLWB58 | Long             | DBT              | MUN               | US        |   2980000 | PA      | $3185560.70   | 0.78%             | 2051-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Passaic County Improvement Authority/The                                         | PASSAIC CNTY NJ IMPT AUTH CNTY GTD GOVTL LOAN REVENUE        | CUSIP: 702755DE6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1145000 | PA      | $983234.40    | 0.24%             | 2042-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Housing Finance Agency                                              | PENNSYLVANIA ST HSG FIN AGY SF MTGE REVENUE                  | CUSIP: 708796U47<br>LEI: 549300JZVUPNWP77SP29 | Long             | DBT              | MUN               | US        |    930000 | PA      | $930037.29    | 0.23%             | 2035-10-01      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Housing Finance Agency                                              | PENNSYLVANIA ST HSG FIN AGY SF MTGE REVENUE                  | CUSIP: 70879QKH5<br>LEI: 549300JZVUPNWP77SP29 | Long             | DBT              | MUN               | US        |    450000 | PA      | $417309.30    | 0.10%             | 2028-10-01      | Fixed         | 0.95%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Housing Finance Agency                                              | PENNSYLVANIA ST HSG FIN AGY SF MTGE REVENUE                  | CUSIP: 70879QSB0<br>LEI: 549300JZVUPNWP77SP29 | Long             | DBT              | MUN               | US        |   2560000 | PA      | $2568422.91   | 0.62%             | 2042-10-01      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Housing Finance Agency                                              | PENNSYLVANIA ST HSG FIN AGY SF MTGE REVENUE                  | CUSIP: 70879QSV6<br>LEI: 549300JZVUPNWP77SP29 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1549126.80   | 0.38%             | 2038-10-01      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Higher Educational Facilities Authority                             | PENNSYLVANIA ST HGR EDUCTNL FACS AUTH REVENUE                | CUSIP: 70917THK0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $20095.64     | 0.00%             | 2036-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Higher Educational Facilities Authority                             | PENNSYLVANIA ST HGR EDUCTNL FACS AUTH REVENUE                | CUSIP: 70917TNK3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    235000 | PA      | $251613.21    | 0.06%             | 2036-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Higher Educational Facilities Authority                             | PENNSYLVANIA ST HGR EDUCTNL FACS AUTH REVENUE                | CUSIP: 70917TNX5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1160000 | PA      | $1160025.17   | 0.28%             | 2036-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Peoria County Community Unit School District No 323                              | PEORIA CNTY IL CMNTY UNIT SCHDIST #323                       | CUSIP: 713163LD3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4550000 | PA      | $4916081.63   | 1.20%             | 2041-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Pontiac MI                                                               | PONTIAC MI                                                   | CUSIP: 732521LD9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    240000 | PA      | $255610.06    | 0.06%             | 2043-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port of Portland OR Airport Revenue                                              | PORT OF PORTLAND OR ARPT REVENUE                             | CUSIP: 7352403D3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1656667.95   | 0.40%             | 2039-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Port of Portland OR Airport Revenue                                              | PORT OF PORTLAND OR ARPT REVENUE                             | CUSIP: 7352404F7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5860000 | PA      | $6174582.38   | 1.50%             | 2045-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI STUDENT HSG REVENUE                       | CUSIP: 74439YCR0<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    665000 | PA      | $685723.26    | 0.17%             | 2028-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI STUDENT HSG REVENUE                       | CUSIP: 74439YEW7<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1182179.79   | 0.29%             | 2034-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI STUDENT HSG REVENUE                       | CUSIP: 74439YEX5<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    960000 | PA      | $1017650.21   | 0.25%             | 2039-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI EDU REVENUE                               | CUSIP: 74442EGT1<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $908951.20    | 0.22%             | 2041-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI REVENUE                                   | CUSIP: 74442PZW8<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |     10000 | PA      | $10315.73     | 0.00%             | 2032-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI REVENUE                                   | CUSIP: 74442PZZ1<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    765000 | PA      | $755309.97    | 0.18%             | 2032-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Regional Transportation District Sales Tax Revenue                               | REGL TRANSPRTN DIST CO SALES TAX REVENUE                     | CUSIP: 759136UY8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1025092.30   | 0.25%             | 2039-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Rhode Island Health and Educational Building Corp                                | RHODE ISLAND ST HLTH & EDUCTNL BLDG CORP REVENUE             | CUSIP: 762244NX5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1536223.65   | 0.37%             | 2045-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Sales Tax Securitization Corp                                                    | SALES TAX SECURITIZATION CORP IL                             | CUSIP: 79467BFA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2967702.30   | 0.72%             | 2042-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| San Antonio Education Facilities Corp                                            | SAN ANTONIO TX EDU FACS CORP REVENUE                         | CUSIP: 796247DN1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    550000 | PA      | $545769.13    | 0.13%             | 2026-04-01      | Fixed         | 1.99%                 | No            |                  2 | On Loan: No      |
| San Antonio Education Facilities Corp                                            | SAN ANTONIO TX EDU FACS CORP REVENUE                         | CUSIP: 796247DP6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $578850.12    | 0.14%             | 2027-04-01      | Fixed         | 2.19%                 | No            |                  2 | On Loan: No      |
| San Antonio Education Facilities Corp                                            | SAN ANTONIO TX EDU FACS CORP REVENUE                         | CUSIP: 796247DQ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1190000 | PA      | $1118421.14   | 0.27%             | 2028-04-01      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| San Antonio Education Facilities Corp                                            | SAN ANTONIO TX EDU FACS CORP REVENUE                         | CUSIP: 796247DR2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $915002.70    | 0.22%             | 2029-04-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| San Francisco Bay Area Rapid Transit District                                    | SAN FRANCISCO CA BAY AREA RAPID TRANSIT DIST                 | CUSIP: 797661F34<br>LEI: 549300Y3C3QUMLE3FY58 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3405320.40   | 0.83%             | 2042-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Santa Clara Valley Water District Safe Clean Water Revenue                       | SANTA CLARA VLY CA WTR DIST SAFE CLEAN WTR REVENUE           | CUSIP: 80168EAW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    570000 | PA      | $606684.23    | 0.15%             | 2047-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Seattle Housing Authority                                                        | SEATTLE WA HSG AUTH                                          | CUSIP: 812636PA0<br>LEI: 5493003LM6XXXMFX5M88 | Long             | DBT              | MUN               | US        |    500000 | PA      | $506301.30    | 0.12%             | 2027-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Seattle Housing Authority                                                        | SEATTLE WA HSG AUTH                                          | CUSIP: 812636PB8<br>LEI: 5493003LM6XXXMFX5M88 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1021822.70   | 0.25%             | 2030-12-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Snohomish County School District No 4 Lake Stevens                               | SNOHOMISH CNTY WA SCH DIST #4LAKE STEVENS                    | CUSIP: 833124QR4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2180000 | PA      | $2187930.62   | 0.53%             | 2035-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| South Bayside Waste Management Authority                                         | S BAYSIDE CA WST MGMT AUTH SOL WST ENTERPRISE REVENUE        | CUSIP: 83646ACS0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     15000 | PA      | $15803.89     | 0.00%             | 2028-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Bayside Waste Management Authority                                         | S BAYSIDE CA WST MGMT AUTH SOL WST ENTERPRISE REVENUE        | CUSIP: 83646ACU5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     15000 | PA      | $16083.53     | 0.00%             | 2030-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southeastern Pennsylvania Transportation Authority                               | S ESTRN PA TRANSPRTN AUTH                                    | CUSIP: 842039FK0<br>LEI: 98450061A2F3FD36E493 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3333593.10   | 0.81%             | 2039-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Sparta Area School District                                                      | SPARTA WI AREA SCH DIST                                      | CUSIP: 846754KW8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1165218.47   | 0.28%             | 2040-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Stockton-East Water District                                                     | STOCKTON-EAST CA WTR DIST                                    | CUSIP: 861431DY7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    365000 | PA      | $396703.06    | 0.10%             | 2043-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Stockton-East Water District                                                     | STOCKTON-EAST CA WTR DIST                                    | CUSIP: 861431DZ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $375899.23    | 0.09%             | 2044-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Stockton-East Water District                                                     | STOCKTON-EAST CA WTR DIST                                    | CUSIP: 861431EA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $373222.29    | 0.09%             | 2045-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Tacoma WA Electric System Revenue                                        | TACOMA WA ELEC SYS REVENUE                                   | CUSIP: 873519QM7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3116530.50   | 0.76%             | 2049-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Tacoma WA Electric System Revenue                                        | TACOMA WA ELEC SYS REVENUE                                   | CUSIP: 873519QY1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    830000 | PA      | $887923.38    | 0.22%             | 2044-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Tacoma WA Sewer Revenue                                                  | TACOMA WA SWR REVENUE                                        | CUSIP: 873545KW6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2325000 | PA      | $2211942.23   | 0.54%             | 2048-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Tarrant County Cultural Education Facilities Finance Corp                        | TARRANT CNTY TX CULTURAL EDU FACS FIN CORP HOSP REVENUE      | CUSIP: 87638QSG5<br>LEI: 549300ROY505NVTMMI25 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2176556.40   | 0.53%             | 2052-11-15      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                             | TRIBOROUGH NY BRIDGE & TUNNEL AUTH PAYROLL MOBILITY TAX      | CUSIP: 89602HGG6<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3362405.70   | 0.82%             | 2040-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Trinity Public Utilities District                                                | TRINITY CA PUBLIC UTILITIES DIST FING AUTH ELEC REVENUE      | CUSIP: 89656BBK0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1120000 | PA      | $1102257.86   | 0.27%             | 2029-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Tustin Unified School District                                                   | TUSTIN CA UNIF SCH DIST SCH FACS IMPT DIST                   | CUSIP: 901072KU1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    535000 | PA      | $494893.24    | 0.12%             | 2029-08-01      | Fixed         | 1.55%                 | No            |                  2 | On Loan: No      |
| University of South Carolina                                                     | UNIV OF SOUTH CAROLINA SC HGREDU REVENUE                     | CUSIP: 913367FN3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1430000 | PA      | $1499656.02   | 0.36%             | 2046-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of California                                                         | UNIV OF CALIFORNIA CA REVENUES                               | CUSIP: 91412HWL3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    800000 | PA      | $978652.40    | 0.24%             | 2040-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| University of North Dakota                                                       | UNIV OF NORTH DAKOTA COPS                                    | CUSIP: 914724BN8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1465000 | PA      | $1486303.88   | 0.36%             | 2048-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of Wisconsin Hospitals & Clinics                                      | UNIV HOSPS & CLINICS AUTH WI                                 | CUSIP: 915260DS9<br>LEI: 549300O76DW14JGO7224 | Long             | DBT              | MUN               | US        |    590000 | PA      | $567262.05    | 0.14%             | 2028-04-01      | Fixed         | 2.09%                 | No            |                  2 | On Loan: No      |
| University of Wisconsin Hospitals & Clinics                                      | UNIV HOSPS & CLINICS AUTH WI                                 | CUSIP: 915260FR9<br>LEI: 549300O76DW14JGO7224 | Long             | DBT              | MUN               | US        |   1460000 | PA      | $1413782.82   | 0.34%             | 2044-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Utah Associated Municipal Power Systems                                          | UTAH ST ASSOCIATED MUNI PWR SYS REVENUE                      | CUSIP: 917328RU2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    655000 | PA      | $683808.21    | 0.17%             | 2030-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Utah Housing Corp                                                                | UTAH ST HSG CORP SF MTGE REVENUE                             | CUSIP: 9174366X0<br>LEI: 549300YXWQEI0S47WI02 | Long             | DBT              | MUN               | US        |    755000 | PA      | $755077.01    | 0.18%             | 2036-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Town of Vail CO                                                                  | VAIL CO COPS                                                 | CUSIP: 91878DAV1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1324665.63   | 0.32%             | 2050-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Valparaiso IN                                                            | VALPARAISO IN EXEMPT FACS REVENUE                            | CUSIP: 92028RAE5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1252414.50   | 0.30%             | 2044-01-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| City of Virginia Beach VA Storm Water Utility Revenue                            | VIRGINIA BEACH VA STORM WTR UTILITY REVENUE                  | CUSIP: 927747GM1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1140000 | PA      | $1120934.75   | 0.27%             | 2045-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Virginia Housing Development Authority                                           | VIRGINIA ST HSG DEV AUTH                                     | CUSIP: 92812WLB8<br>LEI: 549300LW3QBOVLQBP895 | Long             | DBT              | MUN               | US        |   3775000 | PA      | $3777419.02   | 0.92%             | 2027-10-01      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| Warm Springs Reservation Confederated Tribe                                      | WARM SPRINGS OR RESERVATION CONFEDERATED TRIBES              | CUSIP: 934312AU3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1205000 | PA      | $1140754.82   | 0.28%             | 2028-11-01      | Fixed         | 2.52%                 | No            |                  2 | On Loan: No      |
| Wasatch County School District Local Building Authority                          | WASATCH CNTY SCH DIST LOCAL BLDG AUTH LEASE REVENUE          | CUSIP: 936785AU8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3355000 | PA      | $3560722.90   | 0.87%             | 2047-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Washington Metropolitan Area Transit Authority Dedicated Revenue                 | WASHINGTON DC MET AREA TRANSIT AUTH DEDICATED REVENUE        | CUSIP: 93878YCS6<br>LEI: 549300ADKOK76HQMJS30 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $946316.10    | 0.23%             | 2047-07-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Washington State Housing Finance Commission                                      | WASHINGTON ST HSG FIN COMMISSION NONPROFIT REVENUE           | CUSIP: 93978LHE9<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1037349.60   | 0.25%             | 2044-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Washington State Housing Finance Commission                                      | WASHINGTON ST HSG FIN COMMISSION                             | CUSIP: 93978UAA4<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |   3967856 | PA      | $3894136.19   | 0.95%             | 2050-03-01      | Variable      | 4.84%                 | No            |                  2 | On Loan: No      |
| Waterbury Housing Authority                                                      | WATERBURY CT HSG AUTH MF HSG REVENUE                         | CUSIP: 941260AB7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1495000 | PA      | $1515194.31   | 0.37%             | 2042-02-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Westfield High School Building Corp                                              | WESTFIELD IN HIGH SCH 1995 BLDG CORP                         | CUSIP: 96009AFH4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1640000 | PA      | $1802206.66   | 0.44%             | 2038-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Whatcom County Public Utility District No 1                                      | WHATCOM CNTY WA PUBLIC UTIL DIST #1                          | CUSIP: 962468FS8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    660000 | PA      | $712731.95    | 0.17%             | 2040-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Whatcom County Public Utility District No 1                                      | WHATCOM CNTY WA PUBLIC UTIL DIST #1                          | CUSIP: 962468FT6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1091750.60   | 0.27%             | 2041-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Wisconsin Housing & Economic Development Authority Housing Revenue               | WISCONSIN ST HSG & ECON DEV AUTH HSG REVENUE                 | CUSIP: 9769044P4<br>LEI: 549300AT0SEG8YQT2K79 | Long             | DBT              | MUN               | US        |    485000 | PA      | $485232.41    | 0.12%             | 2054-11-01      | Floating      | 3.88%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                              | WISCONSIN ST HLTH & EDUCTNL FACS AUTH REVENUE                | CUSIP: 97712DQR0<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $3918491.20   | 0.95%             | 2039-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-01-29

**Name of Applicant:** Calvert Management Series

**Signature:** James Kirchner

**Name of Signer:** James Kirchner

**Title:** Treasurer