# EDGAR Filing Document

**Accession Number:** 0000787623
**File Stem:** 0001410368-25-007626
**Filing Date:** 2025-9
**Character Count:** 469373
**Document Hash:** bd0dd2c3160a6f487974ea4a75f42906
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001410368-25-007626.hdr.sgml**: 20250922

**ACCESSION NUMBER**: 0001410368-25-007626

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250731

**FILED AS OF DATE**: 20250922

**DATE AS OF CHANGE**: 20250922

**PERIOD START**: 20251031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** TRANSAMERICA FUNDS
- **CENTRAL INDEX KEY:** 0000787623

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-04556
- **FILM NUMBER:** 251328882

**BUSINESS ADDRESS:**
- **STREET 1:** 1801 CALIFORNIA STREET
- **STREET 2:** SUITE 5200
- **CITY:** DENVER
- **STATE:** CO
- **ZIP:** 80202
- **BUSINESS PHONE:** 720-482-8836

**MAIL ADDRESS:**
- **STREET 1:** 1801 CALIFORNIA STREET
- **STREET 2:** SUITE 5200
- **CITY:** DENVER
- **STATE:** CO
- **ZIP:** 80202

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** TRANSAMERICA IDEX MUTUAL FUNDS
- **DATE OF NAME CHANGE:** 20040301

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** IDEX MUTUAL FDS
- **DATE OF NAME CHANGE:** 20010504

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** IDEX MUTUAL FUNDS /
- **DATE OF NAME CHANGE:** 20010423

## Series and Classes Contracts Data

### Transamerica Intermediate Muni (Series ID: S000038853)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000119592 | A            | TAMUX           |
| C000119593 | C            | TCMUX           |
| C000119594 | I            | TIMUX           |
| C000173651 | I2           | TIMTX           |

## Nport-Ex

**Transamerica Intermediate Muni**

------

**SCHEDULE OF INVESTMENTS**

**At July 31, 2025**

**(unaudited)**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | |
|:---|:---|:---|
|  | **Principal** | **Value** |
| **MUNICIPAL GOVERNMENT OBLIGATIONS - 94.4%**  | **MUNICIPAL GOVERNMENT OBLIGATIONS - 94.4%**  | **MUNICIPAL GOVERNMENT OBLIGATIONS - 94.4%**  |
| **Alabama - 2.4%**  | **Alabama - 2.4%**  | **Alabama - 2.4%**  |
| Alabama State University, Revenue Bonds, |  |  |
| AG, |  |  |
| 5.00%, 09/01/2028 - 09/01/2030 | $1240000 | $1330493 |
| 5.75%, 09/01/2050 | 1630000 | 1714696 |
| BAM, |  |  |
| 5.00%, 09/01/2038 - 09/01/2039 | 2575000 | 2627969 |
| City of Arab, General Obligation Unlimited, |  |  |
| BAM, |  |  |
| 5.00%, 03/01/2040 - 03/01/2044 | 5840000 | 5891508 |
| City of Guin, General Obligation Unlimited, |  |  |
| Series B, BAM, |  |  |
| 4.00%, 06/01/2034 | 250000 | 248173 |
| 4.63%, 06/01/2040 | 1000000 | 970538 |
| &nbsp;&nbsp; Infirmary Health System Special Care <br> Facilities Financing Authority of Mobile, <br>Revenue Bonds, |  |  |
| Series A, |  |  |
| 4.00%, 02/01/2046 | 955000 | 772528 |
| Jacksonville Public Educational Building <br> Authority, Revenue Bonds, |  |  |
| Series A, BAM, |  |  |
| 5.25%, 08/01/2049 | 4045000 | 4079242 |
| Series A, AG, |  |  |
| 5.50%, 08/01/2058 | 350000 | 351206 |
| Southeast Energy Authority A Cooperative <br> District, Revenue Bonds, |  |  |
| Series B, Fixed until 09/01/2031, |  |  |
| 4.00% <sup>(A)</sup>, 12/01/2051 | 5050000 | 5020156 |
|  |  | 23006509 |
| **Alaska - 0.1%**  | **Alaska - 0.1%**  | **Alaska - 0.1%**  |
| State of Alaska, General Obligation <br> Unlimited, |  |  |
| Series B, |  |  |
| 5.00%, 08/01/2035 | 1000000 | 1000000 |
| **Arizona - 1.1%**  | **Arizona - 1.1%**  | **Arizona - 1.1%**  |
| Arizona Industrial Development Authority, <br> Revenue Bonds, |  |  |
| Series A, |  |  |
| 4.00%, 07/01/2032 | 120000 | 115483 |
| Series B, |  |  |
| 4.00%, 07/01/2041 | 135000 | 117993 |
| Series A, BAM, |  |  |
| 4.00%, 06/01/2044 | 1770000 | 1539650 |
| 5.00%, 06/01/2049 | 3520000 | 3430110 |
| Industrial Development Authority of the City <br> of Phoenix, Revenue Bonds, |  |  |
| 5.00%, 07/01/2036 | 740000 | 740011 |
| Industrial Development Authority of the <br> County of Pima, Revenue Bonds, |  |  |
| Series C, GNMA, |  |  |
| 4.75%, 07/01/2049 | 445000 | 424705 |
| Maricopa County & Phoenix Industrial <br> Development Authorities, Revenue Bonds, |  |  |
| Series A, GNMA, |  |  |
| 4.45%, 09/01/2044 | 510000 | 479913 |
| 6.00%, 03/01/2055 | 2260000 | 2479057 |

---

---

| | | |
|:---|:---|:---|
|  | **Principal** | **Value** |
| **MUNICIPAL GOVERNMENT OBLIGATIONS (continued)** | **MUNICIPAL GOVERNMENT OBLIGATIONS (continued)** | **MUNICIPAL GOVERNMENT OBLIGATIONS (continued)** |
| **Arizona (continued)** | **Arizona (continued)** | **Arizona (continued)** |
| Maricopa County Industrial Development <br> Authority, Revenue Bonds, |  |  |
| 4.25%, 07/01/2044 | $525000 | $447931 |
| 5.00%, 07/01/2036 | 750000 | 737058 |
| Tempe Industrial Development Authority, <br> Revenue Bonds, |  |  |
| Series A, |  |  |
| 4.00%, 12/01/2025 - 12/01/2026 | 210000 | 210089 |
|  |  | 10722000 |
| **Arkansas - 0.2%**  | **Arkansas - 0.2%**  | **Arkansas - 0.2%**  |
| Arkansas Development Finance Authority, <br> Revenue Bonds, |  |  |
| 5.00%, 06/01/2046 | 1160000 | 1187613 |
| City of West Memphis Sales & Use Tax <br> Revenue, Revenue Bonds, |  |  |
| AG, |  |  |
| 5.00%, 06/01/2034 | 860000 | 924643 |
|  |  | 2112256 |
| **California - 8.3%**  | **California - 8.3%**  | **California - 8.3%**  |
| California Enterprise Development <br> Authority, Revenue Bonds, |  |  |
| 7.00%, 08/15/2025 <sup>(B)</sup> <br>| 2700000 | 2700184 |
| Series A, |  |  |
| 5.50%, 11/01/2059 | 6585000 | 6938677 |
| California Health Facilities Financing <br> Authority, Revenue Bonds, |  |  |
| Series A, |  |  |
| 4.00%, 03/01/2026 - 03/01/2028 | 485000 | 488107 |
| 5.00%, 10/01/2025 | 3610000 | 3619392 |
| 5.00% <sup>(A)</sup>, 03/01/2040 | 760000 | 787776 |
| California Housing Finance Agency, <br> Revenue Bonds, |  |  |
| Series E, FNMA, |  |  |
| 2.50%, 02/01/2038 | 70390 | 56726 |
| California Infrastructure & Economic <br> Development Bank, Revenue Bonds, |  |  |
| Series A, Fixed until 01/01/2029, |  |  |
| 9.50% <sup>(A)</sup>, 01/01/2065 <sup>(B)</sup> <br>| 7000000 | 6241514 |
| California Municipal Finance Authority, <br> Revenue Bonds, |  |  |
| 5.25%, 09/01/2054 | 2745000 | 2802851 |
| Series A, |  |  |
| 4.00%, 10/01/2038 - 10/01/2044 | 4955000 | 4485519 |
| 5.00%, 10/01/2044 | 2275000 | 2199010 |
| Series A, FNMA, |  |  |
| 4.00%, 11/01/2040 | 1815000 | 1811901 |
| 4.48%, 06/01/2044 | 780000 | 740145 |
| California Public Finance Authority, <br> Revenue Bonds, |  |  |
| Series A, |  |  |
| 4.25%, 06/15/2029 <sup>(B)</sup> <br>| 390000 | 390006 |
| Series A, AG-CR, |  |  |
| 5.00%, 06/01/2033 - 06/01/2037 | 3275000 | 3653486 |

---

**Transamerica Funds**

**Page 1**

------

**Transamerica Intermediate Muni**

------

**SCHEDULE OF INVESTMENTS (continued)**

**At July 31, 2025**

**(unaudited)**

---

| | | |
|:---|:---|:---|
|  | **Principal** | **Value** |
| **MUNICIPAL GOVERNMENT OBLIGATIONS (continued)** | **MUNICIPAL GOVERNMENT OBLIGATIONS (continued)** | **MUNICIPAL GOVERNMENT OBLIGATIONS (continued)** |
| **California (continued)** | **California (continued)** | **California (continued)** |
| California State Public Works Board, <br> Revenue Bonds, |  |  |
| Series A, |  |  |
| 5.25%, 04/01/2038 | $1465000 | $1636187 |
| California Statewide Communities <br> Development Authority, Revenue Bonds, |  |  |
| 5.00%, 11/01/2049 | 1000000 | 1007563 |
| Series A, |  |  |
| 5.00%, 12/01/2025 <sup>(B)</sup> <br>| 225000 | 225801 |
| 5.50%, 12/01/2054 | 300000 | 290085 |
| &nbsp;&nbsp; California Statewide Communities <br> Development Authority, Special <br>Assessment, |  |  |
| 4.00%, 09/02/2028 | 1315000 | 1332729 |
| California Statewide Communities <br> Development Authority, Special Tax, |  |  |
| Series 2024C-2T, |  |  |
| 4.50%, 09/02/2045 | 560000 | 518760 |
| Conejo Valley Unified School District, <br> General Obligation Unlimited, |  |  |
| Series E, |  |  |
| Zero Coupon, 08/01/2036 | 785000 | 496085 |
| County of El Dorado, Special Tax, |  |  |
| Series A, BAM, |  |  |
| 3.00%, 09/01/2025 | 140000 | 140021 |
| Delano Union School District, General <br> Obligation Unlimited, |  |  |
| Series A, BAM, |  |  |
| Zero Coupon, 08/01/2039 - 08/01/2041 | 885000 | 407087 |
| Inglewood Unified School District, General <br> Obligation Unlimited, |  |  |
| Series B, |  |  |
| 5.50%, 08/01/2036 - 08/01/2037 | 1440000 | 1656071 |
| Lancaster Financing Authority, Revenue <br> Bonds, |  |  |
| Series A, BAM, |  |  |
| 5.00%, 05/01/2054 | 6940000 | 7046575 |
| Long Beach Bond Finance Authority, <br> Revenue Bonds, |  |  |
| Series A, |  |  |
| 5.50%, 11/15/2032 - 11/15/2037 | 5100000 | 5589163 |
| Los Angeles Department of Water & <br> Power, Revenue Bonds, |  |  |
| Series A, BAM, |  |  |
| 5.00%, 07/01/2035 - 07/01/2042 | 5215000 | 5525663 |
| Series D, |  |  |
| 5.25%, 07/01/2054 | 655000 | 666066 |
| Mount Diablo Unified School District, <br> General Obligation Unlimited, |  |  |
| Series A, AG, |  |  |
| 5.50% <sup>(A)</sup>, 08/01/2030 | 4215000 | 4215000 |
| North Kern/Cawelo Financing Authority, <br> Revenue Bonds, |  |  |
| Series A, AG, |  |  |
| 5.00%, 05/01/2039 - 05/01/2044 | 2500000 | 2569629 |
| Palos Verdes Peninsula Unified School <br> District, General Obligation Unlimited, |  |  |
| 4.00%, 08/01/2038 | 685000 | 695159 |

---

---

| | | |
|:---|:---|:---|
|  | **Principal** | **Value** |
| **MUNICIPAL GOVERNMENT OBLIGATIONS (continued)** | **MUNICIPAL GOVERNMENT OBLIGATIONS (continued)** | **MUNICIPAL GOVERNMENT OBLIGATIONS (continued)** |
| **California (continued)** | **California (continued)** | **California (continued)** |
| San Bernardino City Unified School <br> District, Certificate of Participation, |  |  |
| AG, |  |  |
| 5.00%, 10/01/2034 - 10/01/2035 | $1575000 | $1790608 |
| San Jacinto Unified School District, <br> General Obligation Unlimited, |  |  |
| AG, |  |  |
| 5.00%, 08/01/2030 | 4070000 | 4083389 |
| San Ysidro School District, General <br> Obligation Unlimited, |  |  |
| Series E, AG, |  |  |
| Zero Coupon, 08/01/2031 | 50000 | 40294 |
| Southern California Public Power Authority, <br> Revenue Bonds, |  |  |
| BAM, |  |  |
| 5.00%, 07/01/2038 | 1170000 | 1253069 |
| Victor Elementary School District <br> Community Facility District, Special Tax, |  |  |
| BAM, |  |  |
| 5.00%, 09/01/2046 | 250000 | 252073 |
|  |  | 78352371 |
| **Colorado - 6.1%**  | **Colorado - 6.1%**  | **Colorado - 6.1%**  |
| Auraria Higher Education Center, Revenue <br> Bonds, |  |  |
| AG, |  |  |
| 4.00%, 04/01/2029 | 3185000 | 3187923 |
| Baseline Metropolitan District No. 1, <br> General Obligation Unlimited, |  |  |
| Series A, AG, |  |  |
| 5.00%, 12/01/2049 | 2085000 | 2097108 |
| Bradburn Metropolitan District No. 2, <br> General Obligation Limited, |  |  |
| Series A, |  |  |
| 4.00%, 12/01/2028 <sup>(C)</sup> <br>| 294000 | 291706 |
| Bromley Park Metropolitan District No. 2, <br> General Obligation Limited, |  |  |
| BAM, |  |  |
| 5.38%, 12/01/2053 | 840000 | 858838 |
| Bromley Park Metropolitan District No. 3, <br> General Obligation Limited, |  |  |
| AG, |  |  |
| 5.00%, 12/01/2039 | 1475000 | 1520773 |
| Canyons Metropolitan District No. 5, <br> General Obligation Limited, |  |  |
| Series A, BAM, |  |  |
| 5.00%, 12/01/2026 - 12/01/2044 | 1715000 | 1726103 |
| Colorado Educational & Cultural Facilities <br> Authority, Revenue Bonds, |  |  |
| 4.00%, 06/01/2035 | 1745000 | 1704707 |
| Series A, |  |  |
| 5.00%, 06/01/2040 - 01/15/2049 | 3025000 | 3015236 |
| Colorado Health Facilities Authority, <br> Revenue Bonds, |  |  |
| 5.00%, 11/01/2041 - 11/01/2042 | 5950000 | 6019063 |
| Series A, |  |  |
| 4.00%, 01/01/2035 - 11/15/2046 | 2455000 | 2162936 |
| 5.00% <sup>(A)</sup>, 11/15/2060 | 500000 | 545091 |

---

**Transamerica Funds**

**Page 2**

------

**Transamerica Intermediate Muni**

------

**SCHEDULE OF INVESTMENTS (continued)**

**At July 31, 2025**

**(unaudited)**

---

| | | |
|:---|:---|:---|
|  | **Principal** | **Value** |
| **MUNICIPAL GOVERNMENT OBLIGATIONS (continued)** | **MUNICIPAL GOVERNMENT OBLIGATIONS (continued)** | **MUNICIPAL GOVERNMENT OBLIGATIONS (continued)** |
| **Colorado (continued)** | **Colorado (continued)** | **Colorado (continued)** |
| &nbsp;&nbsp; Colorado Health Facilities Authority, <br> Revenue Bonds, (continued)<br>|  |  |
| Series A-1, |  |  |
| 4.00%, 08/01/2037 | $1000000 | $948120 |
| 5.00%, 08/01/2026 | 1000000 | 1020160 |
| Series A-2, |  |  |
| 5.00%, 08/01/2044 | 5630000 | 5509773 |
| &nbsp;&nbsp; Colorado Springs School District No. <br> 11 Facilities Corp., Certificate of <br>Participation, |  |  |
| BAM, |  |  |
| 5.00%, 12/15/2044 | 230000 | 233384 |
| Copperleaf Metropolitan District No. 4, <br> General Obligation Limited, |  |  |
| AG, |  |  |
| 5.00%, 12/01/2040 | 870000 | 892672 |
| Denver City & County Housing Authority, <br> Revenue Bonds, |  |  |
| Series A, |  |  |
| 4.50%, 07/01/2041 | 865000 | 834501 |
| 5.00%, 07/01/2027 | 965000 | 987878 |
| &nbsp;&nbsp; El Paso County School District No. <br> 20 Academy, General Obligation <br>Unlimited, |  |  |
| 5.25%, 12/15/2049 | 1045000 | 1082308 |
| Gold Hill North Business Improvement <br> District, General Obligation Limited, |  |  |
| Series A, |  |  |
| 5.60%, 12/01/2054 <sup>(B)</sup> <br>| 2000000 | 1846738 |
| Gunnison County Housing Authority, <br> Revenue Bonds, |  |  |
| BAM, |  |  |
| 5.00%, 06/01/2027 - 06/01/2041 | 6225000 | 6615939 |
| Lakes at Centerra Metropolitan District No. <br> 2, General Obligation Limited, |  |  |
| Series A, AG, |  |  |
| 4.00%, 12/01/2043 | 975000 | 854914 |
| Series B, AG, |  |  |
| 4.25%, 12/15/2044 | 855000 | 770065 |
| Mirabelle Metropolitan District No. 2, <br> General Obligation Limited, |  |  |
| Series B, |  |  |
| 6.13%, 12/15/2049 | 500000 | 476488 |
| Neu Town Metropolitan District, General <br> Obligation Limited, |  |  |
| AG, |  |  |
| 5.00%, 12/01/2043 | 225000 | 226788 |
| Northglenn Urban Renewal Authority, Tax <br> Allocation, |  |  |
| 4.00%, 12/01/2029 | 145000 | 148616 |
| Palisade Metropolitan District No. 2, <br> Revenue Bonds, |  |  |
| Series B, |  |  |
| 0.00% <sup>(D)</sup>, 12/15/2054 <sup>(B)</sup> <br>| 1000000 | 925567 |
| Palisade Park North Metropolitan District <br> No. 2, General Obligation Limited, |  |  |
| AG, |  |  |
| 5.00%, 12/01/2044 | 180000 | 180544 |

---

---

| | | |
|:---|:---|:---|
|  | **Principal** | **Value** |
| **MUNICIPAL GOVERNMENT OBLIGATIONS (continued)** | **MUNICIPAL GOVERNMENT OBLIGATIONS (continued)** | **MUNICIPAL GOVERNMENT OBLIGATIONS (continued)** |
| **Colorado (continued)** | **Colorado (continued)** | **Colorado (continued)** |
| Park Creek Metropolitan District, Revenue <br> Bonds, |  |  |
| Series A, |  |  |
| 5.00%, 12/01/2032 - 12/01/2045 | $1150000 | $1118466 |
| Series A, AG, |  |  |
| 5.00%, 12/01/2043 | 1280000 | 1293078 |
| Parkdale Community Authority, Revenue <br> Bonds, |  |  |
| Series A, AG, |  |  |
| 5.00%, 12/01/2040 | 740000 | 760778 |
| 5.38%, 12/01/2045 | 1705000 | 1739671 |
| Ravenna Metropolitan District, General <br> Obligation Limited, |  |  |
| AG, |  |  |
| 5.00%, 12/01/2043 | 430000 | 430209 |
| Riverdale Ranch Metropolitan District, <br> General Obligation Limited, |  |  |
| AG, |  |  |
| 5.25%, 12/01/2045 | 375000 | 383304 |
| STC Metropolitan District No. 2, General <br> Obligation Limited, |  |  |
| Series A, AG, |  |  |
| 5.00%, 12/01/2029 - 12/01/2030 | 1760000 | 1903285 |
| Transport Metropolitan District No. 3, <br> General Obligation Limited, |  |  |
| Series A-2, |  |  |
| 0.00% <sup>(D)</sup>, 12/01/2051 | 1000000 | 770644 |
| Weld County School District No. RE-9 Ault-<br> Highland, General Obligation Unlimited, |  |  |
| 5.25%, 12/01/2049 | 2720000 | 2810755 |
|  |  | 57894129 |
| **Connecticut - 1.7%**  | **Connecticut - 1.7%**  | **Connecticut - 1.7%**  |
| City of New Haven, General Obligation <br> Unlimited, |  |  |
| Series B, BAM, |  |  |
| 5.00%, 08/15/2025 | 40000 | 40033 |
| Connecticut State Health & Educational <br> Facilities Authority, Revenue Bonds, |  |  |
| Series A, AG-CR, |  |  |
| 2.13%, 07/01/2031 | 5680000 | 5260148 |
| Series A, |  |  |
| 5.00%, 07/01/2034 | 475000 | 499375 |
| 2.80% <sup>(A)</sup>, 07/01/2048 | 2730000 | 2720008 |
| Series K, |  |  |
| 5.00%, 07/01/2035 - 07/01/2036 | 1950000 | 2040426 |
| Series M, |  |  |
| 4.00%, 07/01/2039 - 07/01/2041 | 810000 | 752902 |
| 5.00%, 07/01/2032 - 07/01/2034 | 2425000 | 2608389 |
| Series A-B, BAM-TCRS, |  |  |
| 3.00%, 07/01/2039 | 265000 | 208953 |
| Series R-1, BAM, |  |  |
| 2.00%, 11/01/2032 | 2850000 | 2383522 |
|  |  | 16513756 |

---

**Transamerica Funds**

**Page 3**

------

**Transamerica Intermediate Muni**

------

**SCHEDULE OF INVESTMENTS (continued)**

**At July 31, 2025**

**(unaudited)**

---

| | | |
|:---|:---|:---|
|  | **Principal** | **Value** |
| **MUNICIPAL GOVERNMENT OBLIGATIONS (continued)** | **MUNICIPAL GOVERNMENT OBLIGATIONS (continued)** | **MUNICIPAL GOVERNMENT OBLIGATIONS (continued)** |
| **Delaware - 0.4%**  | **Delaware - 0.4%**  | **Delaware - 0.4%**  |
| Delaware State Economic Development <br> Authority, Revenue Bonds, |  |  |
| Series A, |  |  |
| 5.00%, 09/01/2036 | $930000 | $935592 |
| Series B, |  |  |
| 5.25%, 11/15/2053 | 2500000 | 2398646 |
|  |  | 3334238 |
| **District of Columbia - 0.9%**  | **District of Columbia - 0.9%**  | **District of Columbia - 0.9%**  |
| District of Columbia, Revenue Bonds, |  |  |
| Series A, |  |  |
| 4.13%, 07/01/2027 | 335000 | 335990 |
| 5.00%, 07/01/2032 - 07/01/2048 | 3300000 | 3195550 |
| District of Columbia Income Tax Revenue, <br> Revenue Bonds, |  |  |
| Series A, |  |  |
| 5.25%, 05/01/2048 | 2000000 | 2048274 |
| &nbsp;&nbsp; Metropolitan Washington Airports Authority <br> Dulles Toll Road Revenue, Revenue <br>Bonds, |  |  |
| AG, |  |  |
| Zero Coupon, 10/01/2034 | 495000 | 346064 |
| Series A, BAM-TCRS, |  |  |
| Zero Coupon, 10/01/2037 | 1575000 | 883172 |
| &nbsp;&nbsp; Washington Metropolitan Area Transit <br> Authority Dedicated Revenue, Revenue <br>Bonds, |  |  |
| Series A, |  |  |
| 5.50%, 07/15/2051 | 1185000 | 1231663 |
|  |  | 8040713 |
| **Florida - 2.6%**  | **Florida - 2.6%**  | **Florida - 2.6%**  |
| Brevard County Housing Finance Authority, <br> Revenue Bonds, |  |  |
| FNMA, |  |  |
| 4.45%, 01/01/2040 | 697902 | 686031 |
| Broward County Housing Finance <br> Authority, Revenue Bonds, |  |  |
| Fixed until 10/01/2025, |  |  |
| 3.50% <sup>(A)</sup>, 04/01/2041 | 300000 | 300096 |
| City of Gainesville Utilities System <br> Revenue, Revenue Bonds, |  |  |
| Series A, |  |  |
| 5.00%, 10/01/2047 | 5000 | 5460 |
| City of Miami, Revenue Bonds, |  |  |
| Series A, AG, |  |  |
| 5.00%, 01/01/2027 <sup>(B)</sup> <br>| 1080000 | 1109842 |
| City of Orlando Tourist Development Tax <br> Revenue, Revenue Bonds, |  |  |
| Series B, AG, |  |  |
| 5.00%, 11/01/2037 | 280000 | 285207 |
| City of Winter Haven Utility System <br> Revenue, Revenue Bonds, |  |  |
| BAM, |  |  |
| 3.00%, 10/01/2032 | 150000 | 147430 |

---

---

| | | |
|:---|:---|:---|
|  | **Principal** | **Value** |
| **MUNICIPAL GOVERNMENT OBLIGATIONS (continued)** | **MUNICIPAL GOVERNMENT OBLIGATIONS (continued)** | **MUNICIPAL GOVERNMENT OBLIGATIONS (continued)** |
| **Florida (continued)** | **Florida (continued)** | **Florida (continued)** |
| Collier County Industrial Development <br> Authority, Revenue Bonds, |  |  |
| Series A, AG, |  |  |
| 5.00%, 10/01/2042 - 10/01/2054 | $5705000 | $5710456 |
| County of Miami-Dade, Revenue Bonds, |  |  |
| Series A, AG, |  |  |
| 6.88% <sup>(A)</sup>, 10/01/2034 | 315000 | 357512 |
| County of Orange Water Utility System <br> Revenue, Revenue Bonds, |  |  |
| 3.00%, 10/01/2034 | 500000 | 465703 |
| County of Pasco, Revenue Bonds, |  |  |
| Series A, AG, |  |  |
| 5.50%, 09/01/2043 | 215000 | 223345 |
| Florida Development Finance Corp., <br> Revenue Bonds, |  |  |
| Series A, |  |  |
| 5.00%, 06/15/2035 - 06/15/2040 | 1095000 | 1097735 |
| 5.25%, 06/01/2049 | 925000 | 887037 |
| Florida Municipal Loan Council, Revenue <br> Bonds, |  |  |
| 5.00%, 10/01/2029 | 1280000 | 1297935 |
| Florida State Board of Governors, <br> Revenue Bonds, |  |  |
| Series A, BAM, |  |  |
| 5.00%, 07/01/2035 - 07/01/2037 | 3235000 | 3426925 |
| &nbsp;&nbsp; Florida State Board of Governors <br> University of North Florida Dormitory <br>Revenue, Revenue Bonds, |  |  |
| Series A, BAM, |  |  |
| 5.00%, 11/01/2040 | 310000 | 321761 |
| Miami-Dade County Industrial <br> Development Authority, Revenue Bonds, |  |  |
| 3.35%, 09/01/2027 | 625000 | 619422 |
| North Broward Hospital District, Revenue <br> Bonds, |  |  |
| Series B, |  |  |
| 5.00%, 01/01/2037 | 4975000 | 5008490 |
| Northern Palm Beach County Improvement <br> District, Special Assessment, |  |  |
| BAM, |  |  |
| 5.00%, 08/01/2033 | 550000 | 599581 |
| Palm Beach County Health Facilities <br> Authority, Revenue Bonds, |  |  |
| Series A, |  |  |
| 5.00%, 11/01/2034 | 310000 | 325187 |
| St. Johns County School Board, Certificate <br> of Participation, |  |  |
| Series A, AG, |  |  |
| 5.50%, 07/01/2049 | 975000 | 1007136 |
| State of Florida, General Obligation <br> Unlimited, |  |  |
| Series C, |  |  |
| 3.00%, 06/01/2034 | 330000 | 304333 |
| Wildwood Utility Dependent District, <br> Revenue Bonds, |  |  |
| AG, |  |  |
| 5.50%, 10/01/2048 | 615000 | 641106 |
|  |  | 24827730 |

---

**Transamerica Funds**

**Page 4**

------

**Transamerica Intermediate Muni**

------

**SCHEDULE OF INVESTMENTS (continued)**

**At July 31, 2025**

**(unaudited)**

---

| | | |
|:---|:---|:---|
|  | **Principal** | **Value** |
| **MUNICIPAL GOVERNMENT OBLIGATIONS (continued)** | **MUNICIPAL GOVERNMENT OBLIGATIONS (continued)** | **MUNICIPAL GOVERNMENT OBLIGATIONS (continued)** |
| **Georgia - 2.2%**  | **Georgia - 2.2%**  | **Georgia - 2.2%**  |
| Albany-Dougherty County Hospital <br> Authority, Revenue Bonds, |  |  |
| Series A, BAM-TCRS, |  |  |
| 5.00%, 09/01/2033 | $370000 | $406906 |
| Atlanta Development Authority, Revenue <br> Bonds, |  |  |
| Series A-1, |  |  |
| 5.25%, 07/01/2044 | 2000000 | 1999851 |
| Atlanta Development Authority, Tax <br> Allocation, |  |  |
| Series A, |  |  |
| 5.00%, 04/01/2034 <sup>(B)</sup> <br>| 500000 | 497545 |
| Charlton County School District, General <br> Obligation Unlimited, |  |  |
| 6.00%, 04/01/2042 | 145000 | 161832 |
| City of Atlanta Water & Wastewater <br> Revenue, Revenue Bonds, |  |  |
| 5.00%, 11/01/2040 | 360000 | 359977 |
| City of Fairburn Combined Public Utility <br> Revenue, Revenue Bonds, |  |  |
| BAM, |  |  |
| 5.00%, 10/01/2038 | 745000 | 803852 |
| City of Social Circle Combined Public <br> Utility Revenue, Revenue Bonds, |  |  |
| AG, |  |  |
| 5.00%, 02/01/2034 | 840000 | 934907 |
| DeKalb County Development Authority, <br> Revenue Bonds, |  |  |
| Series A, |  |  |
| 4.00%, 06/01/2035 | 250000 | 239044 |
| Development Authority of Burke County, <br> Revenue Bonds, |  |  |
| Fixed until 07/31/2025, |  |  |
| 2.80% <sup>(A)</sup>, 11/01/2052 | 11000000 | 11000000 |
| Development Authority of Lagrange, <br> Revenue Bonds, |  |  |
| 4.50%, 10/15/2031 | 1760000 | 1695167 |
| 5.00%, 10/15/2052 | 450000 | 358012 |
| Main Street Natural Gas, Inc., Revenue <br> Bonds, |  |  |
| Series B, Fixed until 12/01/2029, |  |  |
| 5.00% <sup>(A)</sup>, 07/01/2053 | 2500000 | 2638610 |
|  |  | 21095703 |
| **Idaho - 0.0% \*** | **Idaho - 0.0% \*** | **Idaho - 0.0% \*** |
| Idaho Housing & Finance Association, <br> Revenue Bonds, |  |  |
| Series A, |  |  |
| 4.63%, 07/01/2029 <sup>(B)</sup> <br>| 110000 | 110291 |
| 5.00%, 05/01/2035 | 150000 | 156302 |
|  |  | 266593 |
| **Illinois - 6.2%**  | **Illinois - 6.2%**  | **Illinois - 6.2%**  |
| Chicago Board of Education, General <br> Obligation Unlimited, |  |  |
| Series A, AG, |  |  |
| 5.00%, 12/01/2026 - 12/01/2033 | 2455000 | 2520648 |
| Series C, AG, |  |  |
| 5.00%, 12/01/2027 | 300000 | 311141 |

---

---

| | | |
|:---|:---|:---|
|  | **Principal** | **Value** |
| **MUNICIPAL GOVERNMENT OBLIGATIONS (continued)** | **MUNICIPAL GOVERNMENT OBLIGATIONS (continued)** | **MUNICIPAL GOVERNMENT OBLIGATIONS (continued)** |
| **Illinois (continued)** | **Illinois (continued)** | **Illinois (continued)** |
| Chicago O'Hare International Airport, <br> Revenue Bonds, |  |  |
| Series B, |  |  |
| 5.50%, 01/01/2059 | $1450000 | $1490879 |
| Chicago Park District, General Obligation <br> Unlimited, |  |  |
| Series D, BAM, |  |  |
| 4.00%, 01/01/2035 | 580000 | 574246 |
| City of Chicago, General Obligation <br> Unlimited, |  |  |
| Series E, BAM, |  |  |
| 6.00%, 01/01/2043 | 2925000 | 3161695 |
| City of Lake Forest, General Obligation <br> Unlimited, |  |  |
| 2.00%, 12/15/2029 | 3275000 | 3106226 |
| Cook County School District No. 72 Skokie <br> Fairview, General Obligation Limited, |  |  |
| Series A, |  |  |
| 3.00%, 12/01/2034 | 675000 | 606278 |
| Illinois Finance Authority, Revenue Bonds, |  |  |
| 4.00%, 10/15/2037 | 6700000 | 5706832 |
| 5.00%, 01/01/2028 - 10/01/2034 | 1645000 | 1686872 |
| AG, |  |  |
| 5.00%, 12/01/2036 | 750000 | 754878 |
| Series A, |  |  |
| 4.00%, 07/15/2036 - 08/15/2037 | 4855000 | 4682861 |
| 5.00%, 11/01/2029 | 4340000 | 4405167 |
| Illinois Housing Development Authority, <br> Revenue Bonds, |  |  |
| FNMA, |  |  |
| 2.63%, 09/01/2032 | 1333454 | 1212824 |
| Illinois Sports Facilities Authority, Revenue <br> Bonds, |  |  |
| BAM-TCRS, |  |  |
| 5.00%, 06/15/2028 | 1495000 | 1567382 |
| Manhattan Park District, General <br> Obligation Unlimited, |  |  |
| AG, |  |  |
| 4.25%, 12/15/2042 | 235000 | 214947 |
| &nbsp;&nbsp; McHenry & Lake Counties Community <br> High School District No. 155 Crystal Lake, <br>General Obligation Unlimited, |  |  |
| 4.00%, 06/30/2041 - 06/30/2042 | 850000 | 757923 |
| &nbsp;&nbsp; Metropolitan Water Reclamation District of <br> Greater Chicago, General Obligation <br>Unlimited, |  |  |
| Series A, |  |  |
| 5.00%, 12/01/2028 | 165000 | 169705 |
| Northern Illinois University, Certificate of <br> Participation, |  |  |
| BAM, |  |  |
| 5.50%, 04/01/2049 | 3015000 | 3070424 |
| Northern Illinois University, Revenue <br> Bonds, |  |  |
| Series B, BAM, |  |  |
| 4.00%, 04/01/2036 - 04/01/2041 | 1365000 | 1287625 |

---

**Transamerica Funds**

**Page 5**

------

**Transamerica Intermediate Muni**

------

**SCHEDULE OF INVESTMENTS (continued)**

**At July 31, 2025**

**(unaudited)**

---

| | | |
|:---|:---|:---|
|  | **Principal** | **Value** |
| **MUNICIPAL GOVERNMENT OBLIGATIONS (continued)** | **MUNICIPAL GOVERNMENT OBLIGATIONS (continued)** | **MUNICIPAL GOVERNMENT OBLIGATIONS (continued)** |
| **Illinois (continued)** | **Illinois (continued)** | **Illinois (continued)** |
| Regional Transportation Authority, <br> Revenue Bonds, |  |  |
| Series A, NATL, |  |  |
| 6.00%, 07/01/2033 | $365000 | $414161 |
| Sangamon County School District No. 186 <br> Springfield, General Obligation Unlimited, |  |  |
| BAM, |  |  |
| 5.00%, 06/01/2044 | 1000000 | 1000965 |
| &nbsp;&nbsp; South Suburban College Community <br> School District No. 510, General <br>Obligation Limited, |  |  |
| BAM-TCRS, |  |  |
| Zero Coupon, 12/01/2033 | 700000 | 497437 |
| Southern Illinois University, Certificate of <br> Participation, |  |  |
| Series A, AG, |  |  |
| 5.00%, 02/15/2027 - 02/15/2029 | 3885000 | 4062705 |
| Series A-1, BAM, |  |  |
| 4.00%, 02/15/2026 | 455000 | 455236 |
| Southwestern Illinois Development <br> Authority, Revenue Bonds, |  |  |
| Series B, BAM-TCRS, |  |  |
| 5.00%, 10/15/2026 | 800000 | 803830 |
| &nbsp;&nbsp; St. Clair County Community Unit School <br> District No. 187 Cahokia, General <br>Obligation Unlimited, |  |  |
| Series A, AG, |  |  |
| 5.00%, 01/01/2049 | 1070000 | 1069762 |
| Series B, AG, |  |  |
| 5.00%, 01/01/2042 - 01/01/2044 | 800000 | 806826 |
| St. Clair County School District No. 118 <br> Belleville, General Obligation Unlimited, |  |  |
| BAM, |  |  |
| 5.50%, 12/01/2037 - 12/01/2039 | 2510000 | 2703619 |
| &nbsp;&nbsp; Stephenson County School District No. <br> 145 Freeport, General Obligation <br>Unlimited, |  |  |
| Series C, AG, |  |  |
| 5.00%, 10/01/2045 | 2390000 | 2363594 |
| United City of Yorkville, General Obligation <br> Unlimited, |  |  |
| Series B, |  |  |
| 4.25%, 12/30/2044 | 1000000 | 931091 |
| University of Illinois, Certificate of <br> Participation, |  |  |
| Series A, AG, |  |  |
| 5.00%, 10/01/2025 | 790000 | 791353 |
| Village of Lyons, General Obligation <br> Unlimited, |  |  |
| Series B, BAM, |  |  |
| 4.00%, 12/01/2037 | 1050000 | 1020186 |
| 5.00%, 12/01/2032 | 125000 | 125204 |
| Village of Stone Park, General Obligation <br> Unlimited, |  |  |
| Series B, BAM, |  |  |
| 5.25%, 02/01/2043 | 1165000 | 1180637 |

---

---

| | | |
|:---|:---|:---|
|  | **Principal** | **Value** |
| **MUNICIPAL GOVERNMENT OBLIGATIONS (continued)** | **MUNICIPAL GOVERNMENT OBLIGATIONS (continued)** | **MUNICIPAL GOVERNMENT OBLIGATIONS (continued)** |
| **Illinois (continued)** | **Illinois (continued)** | **Illinois (continued)** |
| &nbsp;&nbsp; Whiteside Bureau & Henry Counties <br> Community Unit School District No. 3, <br>General Obligation Unlimited, |  |  |
| AG, |  |  |
| 5.00%, 12/01/2031 - 12/01/2032 | $605000 | $666385 |
| &nbsp;&nbsp; Will County Community Unit School District <br> No. 201-U Crete-Monee, General <br>Obligation Limited, |  |  |
| Series E, AG, |  |  |
| 5.25%, 09/01/2042 | 1885000 | 1953609 |
|  |  | 58135153 |
| **Indiana - 3.7%**  | **Indiana - 3.7%**  | **Indiana - 3.7%**  |
| Bloomington Redevelopment District, Tax <br> Allocation, |  |  |
| AG, |  |  |
| 5.00%, 02/01/2040 | 515000 | 539904 |
| Clark Pleasant Middle School Corp., <br> Revenue Bonds, |  |  |
| 3.00%, 07/15/2034 | 1130000 | 1029523 |
| East Chicago School City, General <br> Obligation Limited, |  |  |
| 5.00%, 12/30/2028 - 12/30/2029 | 1070000 | 1157102 |
| Fishers Town Hall Building Corp., Revenue <br> Bonds, |  |  |
| Series A, BAM, |  |  |
| 5.75%, 07/15/2058 | 6415000 | 6906608 |
| Gary Chicago International Airport <br> Authority, Tax Allocation, |  |  |
| AG, |  |  |
| 5.00%, 02/01/2037 | 775000 | 812640 |
| Greater Jasper School Building Corp., <br> Revenue Bonds, |  |  |
| 5.00%, 07/15/2038 - 07/15/2041 | 1945000 | 2046807 |
| Hamilton County Public Building Corp., <br> Revenue Bonds, |  |  |
| 4.00%, 07/15/2036 | 2995000 | 2986191 |
| Hancock County Redevelopment Authority, <br> Revenue Bonds, |  |  |
| 5.00%, 08/15/2036 | 675000 | 733952 |
| Indiana Finance Authority, Revenue Bonds, |  |  |
| AG, |  |  |
| 5.00%, 01/01/2042 | 1295000 | 1284688 |
| Series A, |  |  |
| 3.00%, 11/01/2030 | 3620000 | 3522093 |
| Series B, |  |  |
| 2.50%, 11/01/2030 | 2500000 | 2347831 |
| 3.00%, 11/01/2030 | 4645000 | 4515029 |
| Series D, Fixed until 10/01/2030, |  |  |
| 5.00% <sup>(A)</sup>, 10/01/2063 | 1765000 | 1907128 |
| Kokomo-Center School Building Corp., <br> Revenue Bonds, |  |  |
| 3.00%, 07/15/2034 | 635000 | 580317 |
| Posey County Redevelopment Authority, <br> Revenue Bonds, |  |  |
| 5.00%, 01/15/2031 | 315000 | 344081 |

---

**Transamerica Funds**

**Page 6**

------

**Transamerica Intermediate Muni**

------

**SCHEDULE OF INVESTMENTS (continued)**

**At July 31, 2025**

**(unaudited)**

---

| | | |
|:---|:---|:---|
|  | **Principal** | **Value** |
| **MUNICIPAL GOVERNMENT OBLIGATIONS (continued)** | **MUNICIPAL GOVERNMENT OBLIGATIONS (continued)** | **MUNICIPAL GOVERNMENT OBLIGATIONS (continued)** |
| **Indiana (continued)** | **Indiana (continued)** | **Indiana (continued)** |
| Terre Haute Sanitary District, Revenue <br> Bonds, |  |  |
| BAM, |  |  |
| 5.00%, 07/01/2042 | $1185000 | $1211162 |
| Town of Huntertown Sewage Works <br> Revenue, Revenue Bonds, |  |  |
| BAM, |  |  |
| 5.00%, 01/01/2039 | 1320000 | 1391559 |
| Westfield-Washington Multi-School <br> Building Corp., Revenue Bonds, |  |  |
| Series A, |  |  |
| 5.25%, 07/15/2041 | 1675000 | 1773092 |
|  |  | 35089707 |
| **Iowa - 0.2%**  | **Iowa - 0.2%**  | **Iowa - 0.2%**  |
| &nbsp;&nbsp; Sheldon Community School District School <br> Infrastructure Sales Services & Use Tax, <br>Revenue Bonds, |  |  |
| BAM, |  |  |
| 5.00%, 06/01/2036 - 06/01/2037 | 1525000 | 1573785 |
| **Kansas - 0.8%**  | **Kansas - 0.8%**  | **Kansas - 0.8%**  |
| &nbsp;&nbsp; Johnson & Miami Counties Unified School <br> District No. 230 Spring Hills, General <br>Obligation Unlimited, |  |  |
| AG, |  |  |
| 6.00%, 09/01/2045 | 890000 | 977751 |
| Kansas Municipal Energy Agency, <br> Revenue Bonds, |  |  |
| Series A, BAM, |  |  |
| 5.00%, 04/01/2033 | 745000 | 756407 |
| University of Kansas Hospital Authority, <br> Revenue Bonds, |  |  |
| 5.00%, 09/01/2033 | 1880000 | 1882002 |
| &nbsp;&nbsp; Wyandotte County Unified School District <br> No. 500 Kansas City, General Obligation <br>Unlimited, |  |  |
| BAM, |  |  |
| 5.25%, 09/01/2055 | 3630000 | 3678664 |
|  |  | 7294824 |
| **Kentucky - 0.5%**  | **Kentucky - 0.5%**  | **Kentucky - 0.5%**  |
| Kentucky Municipal Power Agency, <br> Revenue Bonds, |  |  |
| Series A, Fixed until 09/02/2025, |  |  |
| 3.45% <sup>(A)</sup>, 09/01/2042 | 2000000 | 1998341 |
| University of Louisville, Revenue Bonds, |  |  |
| Series A, |  |  |
| 5.00%, 09/01/2043 | 1685000 | 1739725 |
| Western Kentucky University, Revenue <br> Bonds, |  |  |
| Series A, |  |  |
| 5.00%, 09/01/2037 | 745000 | 785473 |
|  |  | 4523539 |

---

---

| | | |
|:---|:---|:---|
|  | **Principal** | **Value** |
| **MUNICIPAL GOVERNMENT OBLIGATIONS (continued)** | **MUNICIPAL GOVERNMENT OBLIGATIONS (continued)** | **MUNICIPAL GOVERNMENT OBLIGATIONS (continued)** |
| **Louisiana - 0.5%**  | **Louisiana - 0.5%**  | **Louisiana - 0.5%**  |
| City of Shreveport, General Obligation <br> Unlimited, |  |  |
| Series A, AG, |  |  |
| 5.00%, 03/01/2030 | $360000 | $387376 |
| City of Shreveport Water & Sewer <br> Revenue, Revenue Bonds, |  |  |
| Series B, AG, |  |  |
| 5.00%, 12/01/2027 | 600000 | 628334 |
| Series C, BAM, |  |  |
| 5.00%, 12/01/2027 | 300000 | 313614 |
| Greater New Orleans Expressway <br> Commission, Revenue Bonds, |  |  |
| AG, |  |  |
| 5.00%, 11/01/2047 | 1255000 | 1257283 |
| Louisiana Public Facilities Authority, <br> Revenue Bonds, |  |  |
| 5.00%, 07/01/2022 - 07/01/2027 <sup>(E)</sup><sup>(F)</sup> <br>| 3160000 | 1058600 |
| New Orleans Aviation Board, Revenue <br> Bonds, |  |  |
| AG, |  |  |
| 5.00%, 01/01/2029 | 700000 | 735716 |
| St. John Baptist Parish Law Enforcement <br> District, Special Tax, |  |  |
| AG, |  |  |
| 5.25%, 03/01/2045 | 485000 | 495715 |
|  |  | 4876638 |
| **Maine - 0.7%**  | **Maine - 0.7%**  | **Maine - 0.7%**  |
| Finance Authority of Maine, Revenue <br> Bonds, |  |  |
| Series A, AG, |  |  |
| 4.75%, 12/01/2035 | 500000 | 501478 |
| Maine Municipal Bond Bank, Revenue <br> Bonds, |  |  |
| Series A, |  |  |
| 3.00%, 11/01/2035 | 1010000 | 922456 |
| Maine State Housing Authority, Revenue <br> Bonds, |  |  |
| Series A, |  |  |
| 4.50%, 11/15/2045 | 3430000 | 3162127 |
| Series B-2, |  |  |
| 4.40%, 11/15/2043 | 170000 | 160169 |
| Series E, |  |  |
| 4.45%, 11/15/2038 | 2145000 | 2149525 |
| Regional School Unit No. 14, General <br> Obligation Unlimited, |  |  |
| 5.00%, 11/01/2029 | 90000 | 98663 |
|  |  | 6994418 |
| **Maryland - 0.3%**  | **Maryland - 0.3%**  | **Maryland - 0.3%**  |
| County of Prince George's, General <br> Obligation Limited, |  |  |
| 5.00%, 08/01/2034 | 240000 | 273130 |
| Maryland Economic Development Corp., <br> Revenue Bonds, |  |  |
| AG, |  |  |
| 5.00%, 06/01/2043 | 345000 | 345022 |

---

**Transamerica Funds**

**Page 7**

------

**Transamerica Intermediate Muni**

------

**SCHEDULE OF INVESTMENTS (continued)**

**At July 31, 2025**

**(unaudited)**

---

| | | |
|:---|:---|:---|
|  | **Principal** | **Value** |
| **MUNICIPAL GOVERNMENT OBLIGATIONS (continued)** | **MUNICIPAL GOVERNMENT OBLIGATIONS (continued)** | **MUNICIPAL GOVERNMENT OBLIGATIONS (continued)** |
| **Maryland (continued)** | **Maryland (continued)** | **Maryland (continued)** |
| Maryland Health & Higher Educational <br> Facilities Authority, Revenue Bonds, |  |  |
| AG-CR, |  |  |
| 5.00%, 07/01/2034 | $745000 | $814881 |
| AG, |  |  |
| 5.00%, 07/01/2043 | 945000 | 963757 |
|  |  | 2396790 |
| **Massachusetts - 1.3%**  | **Massachusetts - 1.3%**  | **Massachusetts - 1.3%**  |
| City of Revere, General Obligation Limited, |  |  |
| 4.00%, 08/01/2041 | 400000 | 379567 |
| Massachusetts Development Finance <br> Agency, Revenue Bonds, |  |  |
| AG-CR, |  |  |
| 4.00%, 07/01/2044 | 85000 | 73278 |
| 5.00%, 10/01/2039 | 250000 | 251527 |
| Series B, |  |  |
| 4.00%, 02/15/2036 | 985000 | 1019648 |
| 5.00% <sup>(A)</sup>, 08/15/2055 | 770000 | 826232 |
| Series D, |  |  |
| 4.00%, 07/01/2045 | 160000 | 134101 |
| 5.00%, 07/01/2044 | 605000 | 574510 |
| Series E, |  |  |
| 4.00%, 07/01/2038 | 1090000 | 1021435 |
| 5.00%, 07/01/2031 - 07/01/2035 | 4450000 | 4499576 |
| Series G, |  |  |
| 5.00%, 07/01/2027 | 1020000 | 1051203 |
| Series I, |  |  |
| 5.00%, 07/01/2030 | 1115000 | 1129239 |
| Series K, |  |  |
| 5.00%, 07/01/2038 | 170000 | 171157 |
| Series S-1, |  |  |
| 4.00%, 07/01/2036 - 07/01/2041 | 735000 | 682056 |
| Massachusetts State College Building <br> Authority, Revenue Bonds, |  |  |
| Series D, |  |  |
| 4.00%, 05/01/2034 | 360000 | 366388 |
|  |  | 12179917 |
| **Michigan - 2.0%**  | **Michigan - 2.0%**  | **Michigan - 2.0%**  |
| Charles Stewart Mott Community College, <br> General Obligation Unlimited, |  |  |
| AG, |  |  |
| 5.00%, 05/01/2042 - 05/01/2044 | 5690000 | 5878261 |
| City of Trenton, General Obligation <br> Unlimited, |  |  |
| BAM, |  |  |
| 5.00%, 04/01/2044 | 405000 | 409656 |
| Detroit Wayne County Stadium Authority, <br> Revenue Bonds, |  |  |
| AG, |  |  |
| 5.00%, 10/01/2026 | 1385000 | 1386005 |
| Eastern Michigan University, Revenue <br> Bonds, |  |  |
| Series A, AG, |  |  |
| 4.00%, 03/01/2044 | 2310000 | 2034246 |

---

---

| | | |
|:---|:---|:---|
|  | **Principal** | **Value** |
| **MUNICIPAL GOVERNMENT OBLIGATIONS (continued)** | **MUNICIPAL GOVERNMENT OBLIGATIONS (continued)** | **MUNICIPAL GOVERNMENT OBLIGATIONS (continued)** |
| **Michigan (continued)** | **Michigan (continued)** | **Michigan (continued)** |
| Four Lakes Special Assessment District, <br> Special Assessment, |  |  |
| 5.00%, 06/01/2035 | $2140000 | $2279266 |
| Grosse Ile Township School District, <br> General Obligation Unlimited, |  |  |
| Series II, |  |  |
| 5.00%, 05/01/2042 | 500000 | 521746 |
| Howell Public Schools, General Obligation <br> Unlimited, |  |  |
| 5.00%, 05/01/2041 | 500000 | 521500 |
| Michigan Finance Authority, Revenue <br> Bonds, |  |  |
| Series 2013-5, |  |  |
| 4.00%, 12/01/2040 | 2675000 | 2388491 |
| Michigan State Building Authority, Revenue <br> Bonds, |  |  |
| Series I, |  |  |
| 5.00%, 04/15/2034 | 955000 | 959490 |
| Michigan Strategic Fund, Revenue Bonds, |  |  |
| 5.00%, 11/15/2049 | 2150000 | 1879557 |
| Southfield Public Schools, General <br> Obligation Unlimited, |  |  |
| 5.00%, 05/01/2042 | 375000 | 391008 |
|  |  | 18649226 |
| **Minnesota - 1.8%**  | **Minnesota - 1.8%**  | **Minnesota - 1.8%**  |
| City of Coon Rapids, Revenue Bonds, |  |  |
| Series M, FNMA, |  |  |
| 5.60%, 12/01/2039 | 1737192 | 1844033 |
| City of Minneapolis, Revenue Bonds, |  |  |
| Series A, Fixed until 05/15/2028, |  |  |
| 5.00% <sup>(A)</sup>, 11/15/2052 | 2200000 | 2323435 |
| City of Red Wing, Revenue Bonds, |  |  |
| Series A, |  |  |
| 5.00%, 08/01/2047 | 655000 | 515264 |
| County of Aitkin, General Obligation <br> Unlimited, |  |  |
| Series A, |  |  |
| 3.20%, 02/01/2037 | 615000 | 545864 |
| County of Renville, General Obligation <br> Unlimited, |  |  |
| Series B, |  |  |
| 5.00%, 02/01/2028 | 605000 | 617483 |
| Duluth Economic Development Authority, <br> Revenue Bonds, |  |  |
| 4.00%, 07/01/2041 | 905000 | 724258 |
| Hopkins Independent School District No. <br> 270, General Obligation Unlimited, |  |  |
| Series A, |  |  |
| 3.00%, 02/01/2033 | 1720000 | 1636419 |
| &nbsp;&nbsp; Housing & Redevelopment Authority of The <br> City of St. Paul Minnesota, Revenue <br>Bonds, |  |  |
| 5.00%, 07/01/2028 | 2405000 | 2541776 |
| Series A, |  |  |
| 5.00%, 12/01/2030 | 195000 | 195139 |

---

**Transamerica Funds**

**Page 8**

------

**Transamerica Intermediate Muni**

------

**SCHEDULE OF INVESTMENTS (continued)**

**At July 31, 2025**

**(unaudited)**

---

| | | |
|:---|:---|:---|
|  | **Principal** | **Value** |
| **MUNICIPAL GOVERNMENT OBLIGATIONS (continued)** | **MUNICIPAL GOVERNMENT OBLIGATIONS (continued)** | **MUNICIPAL GOVERNMENT OBLIGATIONS (continued)** |
| **Minnesota (continued)** | **Minnesota (continued)** | **Minnesota (continued)** |
| Maccray Independent School District No. <br> 2180, General Obligation Unlimited, |  |  |
| Series A, |  |  |
| 2.00%, 02/01/2033 | $365000 | $311836 |
| St. Paul Port Authority, Revenue Bonds, |  |  |
| Series 1, |  |  |
| 5.00%, 10/01/2043 | 1385000 | 1393576 |
| State of Minnesota, General Obligation <br> Unlimited, |  |  |
| Series A, |  |  |
| 4.00%, 09/01/2037 | 1950000 | 1975434 |
| Township of Baytown, Revenue Bonds, |  |  |
| Series A, |  |  |
| 4.00%, 08/01/2036 | 520000 | 467058 |
| Waconia Independent School District No. <br> 110, General Obligation Unlimited, |  |  |
| Series A, |  |  |
| 5.00%, 02/01/2034 | 2080000 | 2296543 |
|  |  | 17388118 |
| **Mississippi - 0.8%**  | **Mississippi - 0.8%**  | **Mississippi - 0.8%**  |
| Mississippi Development Bank, Revenue <br> Bonds, |  |  |
| AG, |  |  |
| 3.00%, 12/01/2033 | 195000 | 177029 |
| 6.88%, 12/01/2040 | 3160000 | 3212059 |
| BAM, |  |  |
| 4.00%, 04/01/2037 | 465000 | 453092 |
| 5.00%, 05/01/2038 - 05/01/2042 | 3425000 | 3510756 |
|  |  | 7352936 |
| **Missouri - 0.7%**  | **Missouri - 0.7%**  | **Missouri - 0.7%**  |
| Health & Educational Facilities Authority of <br> the State of Missouri, Revenue Bonds, |  |  |
| 3.00%, 11/15/2032 | 125000 | 122408 |
| Series A, |  |  |
| 5.00%, 02/01/2029 - 05/01/2033 | 2405000 | 2493963 |
| Series B, Fixed until 05/01/2026, |  |  |
| 4.00% <sup>(A)</sup>, 05/01/2051 | 460000 | 463431 |
| &nbsp;&nbsp; Jefferson County Consolidated School <br> District No. 6, General Obligation <br>Unlimited, |  |  |
| Series A, |  |  |
| 3.00%, 03/01/2034 | 470000 | 437983 |
| Kansas City Industrial Development <br> Authority, Revenue Bonds, |  |  |
| Series 2024 A-1, |  |  |
| 5.00%, 06/01/2054 <sup>(B)</sup> <br>| 800000 | 705553 |
| Lebanon Reorganized School District No. <br> R-3, General Obligation Unlimited, |  |  |
| 5.50%, 03/01/2045 | 425000 | 454799 |
| Riverview Gardens School District, <br> General Obligation Unlimited, |  |  |
| 6.00%, 04/01/2042 | 225000 | 239788 |

---

---

| | | |
|:---|:---|:---|
|  | **Principal** | **Value** |
| **MUNICIPAL GOVERNMENT OBLIGATIONS (continued)** | **MUNICIPAL GOVERNMENT OBLIGATIONS (continued)** | **MUNICIPAL GOVERNMENT OBLIGATIONS (continued)** |
| **Missouri (continued)** | **Missouri (continued)** | **Missouri (continued)** |
| St. Charles County Industrial Development <br> Authority, Revenue Bonds, |  |  |
| FNMA, |  |  |
| 4.65%, 04/01/2043 | $2180000 | $2114615 |
|  |  | 7032540 |
| **Nebraska - 0.4%**  | **Nebraska - 0.4%**  | **Nebraska - 0.4%**  |
| City of Omaha, General Obligation <br> Unlimited, |  |  |
| 3.00%, 04/15/2036 | 500000 | 455307 |
| Colfax County School District No. 58, <br> General Obligation Unlimited, |  |  |
| AG, |  |  |
| 4.25%, 12/15/2045 | 405000 | 368692 |
| Elkhorn School District, General Obligation <br> Unlimited, |  |  |
| AG, |  |  |
| 5.00%, 06/15/2041 | 375000 | 391628 |
| Loup River Public Power District, Revenue <br> Bonds, |  |  |
| AG, |  |  |
| 5.00%, 12/01/2032 - 12/01/2036 | 2560000 | 2808423 |
|  |  | 4024050 |
| **Nevada - 0.2%**  | **Nevada - 0.2%**  | **Nevada - 0.2%**  |
| County of Clark, Revenue Bonds, |  |  |
| 5.00%, 07/01/2034 | 275000 | 283565 |
| Henderson Local Improvement Districts, <br> Special Assessment, |  |  |
| 2.50%, 09/01/2025 | 50000 | 49951 |
| Henderson Redevelopment Agency, Tax <br> Allocation, |  |  |
| AG, |  |  |
| 5.25%, 04/01/2043 | 1240000 | 1283900 |
|  |  | 1617416 |
| **New Hampshire - 1.9%**  | **New Hampshire - 1.9%**  | **New Hampshire - 1.9%**  |
| New Hampshire Business Finance <br> Authority, Revenue Bonds, |  |  |
| Zero Coupon, 12/01/2031 <sup>(B)</sup> <br>| 7000000 | 4776544 |
| Series 2025-A, |  |  |
| 5.00%, 06/01/2030 - 06/01/2031 | 1350000 | 1456163 |
| Series A, BAM, |  |  |
| 5.25%, 12/01/2041 - 06/01/2051 | 5725000 | 5832392 |
| New Hampshire Health & Education <br> Facilities Authority Act, Revenue Bonds, |  |  |
| 5.00%, 08/01/2038 | 1770000 | 1875340 |
| New Hampshire Municipal Bond Bank, <br> Revenue Bonds, |  |  |
| Series A, |  |  |
| 3.00%, 02/15/2036 | 380000 | 345770 |
| Series B, |  |  |
| 5.00%, 08/15/2043 <sup>(G)</sup> <br>| 3350000 | 3464227 |
|  |  | 17750436 |

---

**Transamerica Funds**

**Page 9**

------

**Transamerica Intermediate Muni**

------

**SCHEDULE OF INVESTMENTS (continued)**

**At July 31, 2025**

**(unaudited)**

---

| | | |
|:---|:---|:---|
|  | **Principal** | **Value** |
| **MUNICIPAL GOVERNMENT OBLIGATIONS (continued)** | **MUNICIPAL GOVERNMENT OBLIGATIONS (continued)** | **MUNICIPAL GOVERNMENT OBLIGATIONS (continued)** |
| **New Jersey - 1.0%**  | **New Jersey - 1.0%**  | **New Jersey - 1.0%**  |
| City of Atlantic City, General Obligation <br> Unlimited, |  |  |
| AG, |  |  |
| 4.00%, 11/01/2025 | $465000 | $465129 |
| Essex County Improvement Authority, <br> Revenue Bonds, |  |  |
| Series A, |  |  |
| 5.00%, 12/01/2035 <sup>(E)</sup><sup>(F)</sup> <br>| 535000 | 240750 |
| New Jersey Economic Development <br> Authority, Revenue Bonds, |  |  |
| Series A, |  |  |
| 4.25%, 09/01/2027 <sup>(B)</sup> <br>| 130000 | 130658 |
| 5.00%, 09/01/2037 <sup>(B)</sup> <br>| 750000 | 748023 |
| Series A, BAM, |  |  |
| 5.00%, 07/01/2027 | 1000000 | 1037527 |
| New Jersey Educational Facilities <br> Authority, Revenue Bonds, |  |  |
| Series C, |  |  |
| 5.00%, 07/01/2031 | 1165000 | 1165897 |
| New Jersey Health Care Facilities <br> Financing Authority, Revenue Bonds, |  |  |
| 5.00%, 07/01/2029 | 435000 | 469980 |
| Somerville School District, General <br> Obligation Unlimited, |  |  |
| 1.25%, 05/15/2027 | 1000000 | 972355 |
| South Jersey Transportation Authority, <br> Revenue Bonds, |  |  |
| Series A, BAM, |  |  |
| 5.00%, 11/01/2026 | 130000 | 133502 |
| Toms River Board of Education, General <br> Obligation Unlimited, |  |  |
| 3.00%, 07/15/2029 - 07/15/2037 | 935000 | 773100 |
| Township of Weehawken, General <br> Obligation Unlimited, |  |  |
| Series A, BAM, |  |  |
| 4.25%, 07/01/2027 - 07/01/2028 | 2910000 | 3020182 |
|  |  | 9157103 |
| **New Mexico - 0.6%**  | **New Mexico - 0.6%**  | **New Mexico - 0.6%**  |
| County of Santa Fe, Revenue Bonds, |  |  |
| Fixed until 08/01/2027, |  |  |
| 3.29% <sup>(A)</sup>, 12/10/2049 | 2200000 | 2206102 |
| New Mexico Finance Authority, Revenue <br> Bonds, |  |  |
| Series B, |  |  |
| 5.00%, 06/15/2041 - 06/15/2042 | 2250000 | 2354708 |
| Village of Los Ranchos de Albuquerque, <br> Revenue Bonds, |  |  |
| 4.00%, 09/01/2040 | 1515000 | 1390124 |
|  |  | 5950934 |
| **New York - 8.4%**  | **New York - 8.4%**  | **New York - 8.4%**  |
| Alden Central School District, General <br> Obligation Unlimited, |  |  |
| 3.00%, 06/15/2030 - 06/15/2031 | 765000 | 743783 |
| Alfred Almond Central School District, <br> General Obligation Unlimited, |  |  |
| 4.00%, 06/01/2034 - 06/01/2035 | 340000 | 352675 |

---

---

| | | |
|:---|:---|:---|
|  | **Principal** | **Value** |
| **MUNICIPAL GOVERNMENT OBLIGATIONS (continued)** | **MUNICIPAL GOVERNMENT OBLIGATIONS (continued)** | **MUNICIPAL GOVERNMENT OBLIGATIONS (continued)** |
| **New York (continued)** | **New York (continued)** | **New York (continued)** |
| &nbsp;&nbsp; Brookhaven-Comsewogue Union Free <br> School District, General Obligation <br>Unlimited, |  |  |
| 3.00%, 06/15/2032 | $245000 | $234929 |
| Brooklyn Arena Local Development Corp., <br> Revenue Bonds, |  |  |
| Series A, AG, |  |  |
| 3.00%, 07/15/2036 | 250000 | 213644 |
| 4.00%, 07/15/2035 | 1240000 | 1229704 |
| Broome County Local Development Corp., <br> Revenue Bonds, |  |  |
| AG, |  |  |
| 4.00%, 04/01/2038 - 04/01/2039 | 1900000 | 1767913 |
| Buffalo & Erie County Industrial Land <br> Development Corp., Revenue Bonds, |  |  |
| 3.88%, 08/01/2027 | 1715000 | 1711119 |
| 5.00%, 08/01/2037 | 1260000 | 1247030 |
| Caledonia-Mumford Central School <br> District, General Obligation Unlimited, |  |  |
| 3.00%, 06/15/2031 | 165000 | 158299 |
| Chatham Central School District, General <br> Obligation Unlimited, |  |  |
| Series A, |  |  |
| 3.00%, 03/15/2033 | 280000 | 264996 |
| City of Auburn, General Obligation Limited, |  |  |
| AG, |  |  |
| 4.00%, 08/01/2035 - 08/01/2038 <sup>(G)</sup> <br>| 860000 | 879420 |
| Clinton County Capital Resource Corp., <br> Revenue Bonds, |  |  |
| 5.00%, 07/01/2046 <sup>(B)</sup> <br>| 700000 | 684904 |
| County of Delaware, General Obligation <br> Limited, |  |  |
| 3.00%, 04/01/2033 | 190000 | 180649 |
| County of Orange, General Obligation <br> Limited, |  |  |
| Series A, |  |  |
| 2.50%, 06/15/2031 | 2525000 | 2348007 |
| East Ramapo Central School District, <br> General Obligation Unlimited, |  |  |
| 5.00%, 03/15/2044 | 360000 | 362497 |
| Gananda Central School District, General <br> Obligation Unlimited, |  |  |
| 3.00%, 06/15/2030 - 06/15/2031 | 295000 | 284867 |
| Goshen Central School District, General <br> Obligation Unlimited, |  |  |
| 3.25%, 04/01/2032 | 305000 | 294088 |
| Greenwood Lake Joint Fire District, <br> General Obligation Unlimited, |  |  |
| AG, |  |  |
| 3.13%, 06/01/2030 - 06/01/2031 | 360000 | 349935 |
| Highland Central School District, General <br> Obligation Unlimited, |  |  |
| 3.00%, 06/15/2031 | 195000 | 189467 |
| Island Trees Union Free School District, <br> General Obligation Unlimited, |  |  |
| 2.00%, 05/15/2032 | 1545000 | 1353895 |
| Margaretville Central School District, <br> General Obligation Unlimited, |  |  |
| 3.00%, 06/15/2031 | 265000 | 255566 |

---

**Transamerica Funds**

**Page 10**

------

**Transamerica Intermediate Muni**

------

**SCHEDULE OF INVESTMENTS (continued)**

**At July 31, 2025**

**(unaudited)**

---

| | | |
|:---|:---|:---|
|  | **Principal** | **Value** |
| **MUNICIPAL GOVERNMENT OBLIGATIONS (continued)** | **MUNICIPAL GOVERNMENT OBLIGATIONS (continued)** | **MUNICIPAL GOVERNMENT OBLIGATIONS (continued)** |
| **New York (continued)** | **New York (continued)** | **New York (continued)** |
| Metropolitan Transportation Authority, <br> Revenue Bonds, |  |  |
| Series D-1, BAM, |  |  |
| 5.00%, 11/15/2033 | $2650000 | $2659334 |
| New York City Industrial Development <br> Agency, Revenue Bonds, |  |  |
| Series A, AG, |  |  |
| 4.00%, 03/01/2032 | 1000000 | 1016714 |
| New York City Municipal Water Finance <br> Authority, Revenue Bonds, |  |  |
| Series AA-6, Fixed until 07/31/2025, |  |  |
| 2.75% <sup>(A)</sup>, 06/15/2048 | 12000000 | 12000000 |
| Series CC-1, |  |  |
| 5.25%, 06/15/2054 | 1900000 | 1951142 |
| New York City Transitional Finance <br> Authority, Revenue Bonds, |  |  |
| Series D, |  |  |
| 5.50%, 05/01/2052 | 300000 | 314405 |
| Series H, |  |  |
| 5.50%, 11/01/2051 | 305000 | 320569 |
| New York Counties Tobacco Trust VI, <br> Revenue Bonds, |  |  |
| Series C, |  |  |
| 3.75%, 06/01/2045 | 180000 | 130542 |
| New York State Dormitory Authority, <br> Revenue Bonds, |  |  |
| 5.25%, 10/01/2049 | 1400000 | 1386141 |
| AG, |  |  |
| 5.00%, 07/01/2031 - 07/01/2036 | 4220000 | 4581465 |
| 5.25%, 07/01/2041 | 460000 | 481722 |
| 5.50%, 10/01/2054 | 5185000 | 5310063 |
| Series A, |  |  |
| 5.00%, 10/01/2037 | 9695000 | 10218628 |
| 5.50%, 07/01/2054 | 7405000 | 7792427 |
| Series A-1, |  |  |
| 4.00%, 07/01/2043 | 2525000 | 2336188 |
| New York State Energy Research & <br> Development Authority, Revenue Bonds, |  |  |
| Series C, |  |  |
| 4.00%, 04/01/2034 | 185000 | 184824 |
| New York State Housing Finance Agency, <br> Revenue Bonds, |  |  |
| Series D, |  |  |
| 4.00%, 11/01/2042 | 635000 | 574562 |
| Series D-2, Fixed until 08/21/2025, |  |  |
| 3.10% <sup>(A)</sup>, 05/01/2062 | 185000 | 185003 |
| New York Transportation Development <br> Corp., Revenue Bonds, |  |  |
| Series A, |  |  |
| 5.00%, 12/01/2029 | 105000 | 112714 |
| Oneida County Local Development Corp., <br> Revenue Bonds, |  |  |
| AG, |  |  |
| 5.00%, 12/01/2026 - 12/01/2029 | 4350000 | 4386788 |
| Port Authority of New York & New Jersey, <br> Revenue Bonds, |  |  |
| Series 212, |  |  |
| 4.00%, 09/01/2037 | 985000 | 969305 |

---

---

| | | |
|:---|:---|:---|
|  | **Principal** | **Value** |
| **MUNICIPAL GOVERNMENT OBLIGATIONS (continued)** | **MUNICIPAL GOVERNMENT OBLIGATIONS (continued)** | **MUNICIPAL GOVERNMENT OBLIGATIONS (continued)** |
| **New York (continued)** | **New York (continued)** | **New York (continued)** |
| South Seneca Central School District, <br> General Obligation Unlimited, |  |  |
| 3.00%, 06/15/2031 | $345000 | $332717 |
| &nbsp;&nbsp; State of New York Mortgage Agency <br> Homeowner Mortgage Revenue, Revenue <br>Bonds, |  |  |
| Series 244, |  |  |
| 2.50%, 04/01/2030 | 190000 | 184116 |
| Town of Greece, General Obligation <br> Limited, |  |  |
| 3.00%, 08/15/2030 | 85000 | 84320 |
| Village of Adams, General Obligation <br> Limited, |  |  |
| BAM, |  |  |
| 3.00%, 03/15/2031 | 130000 | 127011 |
| Village of Depew, General Obligation <br> Limited, |  |  |
| BAM, |  |  |
| 3.00%, 05/01/2028 - 05/01/2029 | 330000 | 330008 |
| Village of Medina, General Obligation <br> Limited, |  |  |
| AG, |  |  |
| 3.00%, 05/15/2030 - 05/15/2031 | 290000 | 288518 |
| Westchester County Local Development <br> Corp., Revenue Bonds, |  |  |
| AG, |  |  |
| 5.00%, 11/01/2047 | 2240000 | 2244165 |
| 5.75%, 11/01/2049 - 11/01/2053 | 3410000 | 3598966 |
|  |  | 79209744 |
| **North Carolina - 0.5%**  | **North Carolina - 0.5%**  | **North Carolina - 0.5%**  |
| Charlotte-Mecklenburg Hospital Authority, <br> Revenue Bonds, |  |  |
| Series D, Fixed until 12/01/2031, |  |  |
| 5.00% <sup>(A)</sup>, 01/15/2049 | 255000 | 280555 |
| North Carolina Medical Care Commission, <br> Revenue Bonds, |  |  |
| Series A, |  |  |
| 4.00%, 02/01/2036 | 1335000 | 1315364 |
| Series B-1, |  |  |
| 2.55%, 09/01/2026 | 1550000 | 1522958 |
| Series B-2, |  |  |
| 2.30%, 09/01/2025 | 1250000 | 1247792 |
| North Carolina Turnpike Authority, <br> Revenue Bonds, |  |  |
| AG, |  |  |
| 4.00%, 01/01/2037 | 490000 | 480021 |
|  |  | 4846690 |
| **North Dakota - 1.1%**  | **North Dakota - 1.1%**  | **North Dakota - 1.1%**  |
| City of Grand Forks, General Obligation <br> Unlimited, |  |  |
| Series B, |  |  |
| 2.25%, 12/01/2027 | 310000 | 304630 |
| 3.00%, 12/01/2034 - 12/01/2035 | 865000 | 792238 |
| City of Grand Forks, Revenue Bonds, |  |  |
| 4.00%, 12/01/2037 | 1700000 | 1556891 |
| 5.00%, 12/01/2032 | 125000 | 130908 |

---

**Transamerica Funds**

**Page 11**

------

**Transamerica Intermediate Muni**

------

**SCHEDULE OF INVESTMENTS (continued)**

**At July 31, 2025**

**(unaudited)**

---

| | | |
|:---|:---|:---|
|  | **Principal** | **Value** |
| **MUNICIPAL GOVERNMENT OBLIGATIONS (continued)** | **MUNICIPAL GOVERNMENT OBLIGATIONS (continued)** | **MUNICIPAL GOVERNMENT OBLIGATIONS (continued)** |
| **North Dakota (continued)** | **North Dakota (continued)** | **North Dakota (continued)** |
| &nbsp;&nbsp; City of Grand Forks, Revenue <br> Bonds, (continued)<br>|  |  |
| AG-CR, |  |  |
| 4.00%, 12/01/2046 | $1370000 | $1135453 |
| 5.00%, 12/01/2033 | 500000 | 530149 |
| Series A, AG, |  |  |
| 5.00%, 12/01/2040 - 12/01/2042 | 640000 | 647552 |
| City of Horace, General Obligation <br> Unlimited, |  |  |
| Series B, |  |  |
| 4.85%, 08/01/2026 | 1100000 | 1100446 |
| Series C, |  |  |
| 4.50%, 05/01/2039 | 1690000 | 1611841 |
| 4.75%, 05/01/2044 | 1100000 | 1022241 |
| 5.00%, 05/01/2050 | 610000 | 568302 |
| UND Alumni Association & Foundation, <br> Revenue Bonds, |  |  |
| Series A, BAM, |  |  |
| 5.00%, 05/01/2054 | 700000 | 695542 |
|  |  | 10096193 |
| **Ohio - 4.3%**  | **Ohio - 4.3%**  | **Ohio - 4.3%**  |
| Bedford City School District, General <br> Obligation Unlimited, |  |  |
| BAM, |  |  |
| 5.50%, 12/01/2028 - 12/01/2045 | 6415000 | 6857609 |
| Brunswick City School District, General <br> Obligation Unlimited, |  |  |
| BAM, |  |  |
| 5.50%, 12/01/2060 | 3445000 | 3537301 |
| City of Chillicothe, Revenue Bonds, |  |  |
| 4.00%, 12/01/2042 | 110000 | 95983 |
| City of Columbus, General Obligation <br> Unlimited, |  |  |
| Series A, |  |  |
| 3.00%, 08/15/2035 | 640000 | 583295 |
| City of Norwood, Tax Allocation, |  |  |
| 4.38%, 12/01/2030 | 595000 | 597386 |
| 5.00%, 12/01/2041 | 500000 | 484428 |
| Clermont County Port Authority, Revenue <br> Bonds, |  |  |
| BAM, |  |  |
| 5.00%, 12/01/2032 | 2200000 | 2212510 |
| Cleveland-Cuyahoga County Port <br> Authority, Revenue Bonds, |  |  |
| 5.00%, 11/15/2054 | 895000 | 859601 |
| Columbus Metropolitan Housing Authority, <br> Revenue Bonds, |  |  |
| 4.00%, 12/01/2034 | 640000 | 635883 |
| Columbus-Franklin County Finance <br> Authority, Revenue Bonds, |  |  |
| FNMA, |  |  |
| 4.82%, 11/01/2043 | 200000 | 200135 |
| County of Butler, Revenue Bonds, |  |  |
| BAM-TCRS, |  |  |
| 3.63%, 11/15/2038 | 400000 | 342117 |

---

---

| | | |
|:---|:---|:---|
|  | **Principal** | **Value** |
| **MUNICIPAL GOVERNMENT OBLIGATIONS (continued)** | **MUNICIPAL GOVERNMENT OBLIGATIONS (continued)** | **MUNICIPAL GOVERNMENT OBLIGATIONS (continued)** |
| **Ohio (continued)** | **Ohio (continued)** | **Ohio (continued)** |
| County of Fayette, Revenue Bonds, |  |  |
| AG, |  |  |
| 5.25%, 12/01/2028 - 12/01/2030 | $735000 | $797302 |
| County of Franklin, Revenue Bonds, |  |  |
| Series A, |  |  |
| 4.00%, 12/01/2039 | 605000 | 558730 |
| County of Hamilton, Revenue Bonds, |  |  |
| 5.00%, 01/01/2036 | 1000000 | 1001867 |
| County of Ross, Revenue Bonds, |  |  |
| 5.00%, 12/01/2049 | 145000 | 140714 |
| County of Warren, Revenue Bonds, |  |  |
| 5.00%, 07/01/2049 | 1755000 | 1651819 |
| Dayton-Montgomery County Port Authority, <br> Revenue Bonds, |  |  |
| Series A, |  |  |
| 5.00%, 11/15/2054 | 625000 | 598747 |
| Kings Local School District, General <br> Obligation Unlimited, |  |  |
| 5.50%, 12/01/2062 | 4315000 | 4437295 |
| Margaretta Local School District, <br> Certificate of Participation, |  |  |
| BAM, |  |  |
| 5.50%, 10/01/2038 | 700000 | 748881 |
| North Ridgeville City School District, <br> General Obligation Unlimited, |  |  |
| 5.50%, 12/01/2057 | 1590000 | 1619308 |
| Northeast Ohio Medical University, <br> Revenue Bonds, |  |  |
| BAM, |  |  |
| 5.00%, 12/01/2038 - 12/01/2040 | 1170000 | 1196197 |
| Ohio Air Quality Development Authority, <br> Revenue Bonds, |  |  |
| Series A, Fixed until 08/31/2025, |  |  |
| 2.40% <sup>(A)</sup>, 12/01/2038 | 115000 | 108962 |
| Series C, Fixed until 11/04/2025, |  |  |
| 1.50% <sup>(A)</sup>, 02/01/2026 | 1900000 | 1881553 |
| Ohio Higher Educational Facility <br> Commission, Revenue Bonds, |  |  |
| Series A, |  |  |
| 3.13%, 12/01/2030 | 175000 | 173214 |
| Ohio Housing Finance Agency, Revenue <br> Bonds, |  |  |
| Series K, GNMA, FNMA, FHLMC, |  |  |
| 3.35%, 09/01/2039 | 435000 | 372777 |
| Port of Greater Cincinnati Development <br> Authority, Revenue Bonds, |  |  |
| Series C, AG, |  |  |
| 5.00%, 12/01/2043 | 105000 | 105369 |
| Shaker Heights City School District, <br> Certificate of Participation, |  |  |
| BAM, |  |  |
| 5.00%, 12/15/2043 | 135000 | 136573 |
| Summit County Development Finance <br> Authority, Revenue Bonds, |  |  |
| 3.00%, 11/15/2035 | 2885000 | 2615335 |
| Series A, |  |  |
| 5.00%, 05/15/2045 | 1145000 | 1112177 |

---

**Transamerica Funds**

**Page 12**

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**Transamerica Intermediate Muni**

------

**SCHEDULE OF INVESTMENTS (continued)**

**At July 31, 2025**

**(unaudited)**

---

| | | |
|:---|:---|:---|
|  | **Principal** | **Value** |
| **MUNICIPAL GOVERNMENT OBLIGATIONS (continued)** | **MUNICIPAL GOVERNMENT OBLIGATIONS (continued)** | **MUNICIPAL GOVERNMENT OBLIGATIONS (continued)** |
| **Ohio (continued)** | **Ohio (continued)** | **Ohio (continued)** |
| Toledo-Lucas County Port Authority, <br> Revenue Bonds, |  |  |
| Series B, |  |  |
| 3.25%, 05/15/2040 | $825000 | $662413 |
| Series C, |  |  |
| 5.00%, 11/15/2039 - 11/15/2054 | 3520000 | 3491602 |
| Warren County Port Authority, Revenue <br> Bonds, |  |  |
| Series C, |  |  |
| 3.00%, 12/01/2031 | 1180000 | 1097715 |
|  |  | 40914798 |
| **Oklahoma - 0.5%**  | **Oklahoma - 0.5%**  | **Oklahoma - 0.5%**  |
| Love County Educational Facilities <br> Authority, Revenue Bonds, |  |  |
| 4.50%, 09/01/2034 | 335000 | 325436 |
| Oklahoma County Finance Authority, <br> Revenue Bonds, |  |  |
| BAM, |  |  |
| 5.00%, 10/01/2044 | 2350000 | 2388251 |
| Pontotoc County Educational Facilities <br> Authority, Revenue Bonds, |  |  |
| 4.00%, 09/01/2034 | 625000 | 631233 |
| Tulsa Metropolitan Utility Authority, <br> Revenue Bonds, |  |  |
| Series A, |  |  |
| 4.00%, 04/01/2037 | 1385000 | 1383577 |
|  |  | 4728497 |
| **Oregon - 0.9%**  | **Oregon - 0.9%**  | **Oregon - 0.9%**  |
| Multnomah County School District No. 1J <br> Portland, General Obligation Unlimited, |  |  |
| Series B, |  |  |
| 3.00%, 06/15/2029 | 2425000 | 2425303 |
| Oregon Coast Community College District, <br> General Obligation Unlimited, |  |  |
| 5.00% <sup>(A)</sup>, 06/15/2043 - 06/15/2045 | 1125000 | 1158794 |
| State of Oregon Housing & Community <br> Services Department, Revenue Bonds, |  |  |
| Series A, |  |  |
| 2.45%, 07/01/2034 | 3090000 | 2654161 |
| Series K-1, FNMA, |  |  |
| 4.33%, 11/01/2043 | 860000 | 793252 |
| &nbsp;&nbsp; Tillamook & Yamhill Counties School <br> District No. 101 Nestucca Valley, General <br>Obligation Unlimited, |  |  |
| Series B, |  |  |
| 5.00%, 06/15/2037 | 1000000 | 1031862 |
|  |  | 8063372 |
| **Pennsylvania - 4.4%**  | **Pennsylvania - 4.4%**  | **Pennsylvania - 4.4%**  |
| Allegheny County Hospital Development <br> Authority, Revenue Bonds, |  |  |
| Series A, AG-CR, |  |  |
| 4.00%, 07/15/2038 - 07/15/2039 | 3325000 | 3144281 |
| Altoona Area School District, General <br> Obligation Limited, |  |  |
| Series A, |  |  |
| 5.00%, 12/01/2039 | 1100000 | 1104948 |

---

---

| | | |
|:---|:---|:---|
|  | **Principal** | **Value** |
| **MUNICIPAL GOVERNMENT OBLIGATIONS (continued)** | **MUNICIPAL GOVERNMENT OBLIGATIONS (continued)** | **MUNICIPAL GOVERNMENT OBLIGATIONS (continued)** |
| **Pennsylvania (continued)** | **Pennsylvania (continued)** | **Pennsylvania (continued)** |
| Antietam School District, General <br> Obligation Limited, |  |  |
| 5.00%, 04/01/2043 | $1950000 | $1968406 |
| Beaver County Economic Development <br> Authority, Revenue Bonds, |  |  |
| BAM, |  |  |
| 4.00%, 11/15/2036 | 130000 | 126691 |
| Bensalem Township School District, <br> General Obligation Unlimited, |  |  |
| 5.00%, 06/01/2028 | 910000 | 911757 |
| Bucks County Industrial Development <br> Authority, Revenue Bonds, |  |  |
| 5.00%, 10/01/2033 | 825000 | 836862 |
| Chester County Industrial Development <br> Authority, Revenue Bonds, |  |  |
| Series A, BAM, |  |  |
| 5.00%, 08/01/2039 | 3970000 | 4099117 |
| Coatesville School District, General <br> Obligation Limited, |  |  |
| 5.25%, 11/15/2039 | 585000 | 620238 |
| County of Lackawanna, General Obligation <br> Unlimited, |  |  |
| BAM, |  |  |
| 5.25%, 11/01/2039 | 1220000 | 1284499 |
| County of Lehigh, Revenue Bonds, |  |  |
| AG-CR, |  |  |
| 4.00%, 07/01/2039 | 850000 | 798035 |
| Series A, AG-CR, |  |  |
| 4.00%, 07/01/2033 | 2370000 | 2376243 |
| Cumberland County Municipal Authority, <br> Revenue Bonds, |  |  |
| 5.00%, 01/01/2029 | 540000 | 549985 |
| Delaware County Vocational & Technical <br> School Authority, Revenue Bonds, |  |  |
| BAM, |  |  |
| 4.00%, 11/01/2041 - 11/01/2042 | 2560000 | 2361448 |
| Elizabeth Borough Municipal Authority, <br> Revenue Bonds, |  |  |
| BAM, |  |  |
| 2.88%, 11/15/2036 | 170000 | 146824 |
| General Authority of Southcentral <br> Pennsylvania, Revenue Bonds, |  |  |
| 4.00%, 12/01/2030 | 1170000 | 1169926 |
| Hospitals & Higher Education Facilities <br> Authority of Philadelphia, Revenue Bonds, |  |  |
| AG, |  |  |
| 5.00%, 07/01/2035 - 07/01/2036 | 5615000 | 5932409 |
| Lancaster Industrial Development <br> Authority, Revenue Bonds, |  |  |
| 4.00%, 12/01/2044 | 755000 | 615828 |
| Luzerne County Industrial Development <br> Authority, Revenue Bonds, |  |  |
| AG, |  |  |
| 5.00%, 12/15/2027 | 960000 | 965839 |
| Newtown Township Sewer Authority, <br> Revenue Bonds, |  |  |
| 4.00%, 09/01/2032 | 100000 | 100208 |

---

**Transamerica Funds**

**Page 13**

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**Transamerica Intermediate Muni**

------

**SCHEDULE OF INVESTMENTS (continued)**

**At July 31, 2025**

**(unaudited)**

---

| | | |
|:---|:---|:---|
|  | **Principal** | **Value** |
| **MUNICIPAL GOVERNMENT OBLIGATIONS (continued)** | **MUNICIPAL GOVERNMENT OBLIGATIONS (continued)** | **MUNICIPAL GOVERNMENT OBLIGATIONS (continued)** |
| **Pennsylvania (continued)** | **Pennsylvania (continued)** | **Pennsylvania (continued)** |
| Pennsylvania Higher Educational Facilities <br> Authority, Revenue Bonds, |  |  |
| AG, |  |  |
| 5.25%, 11/01/2048 | $970000 | $983336 |
| Pennsylvania Housing Finance Agency, <br> Revenue Bonds, |  |  |
| Series 121, |  |  |
| 2.25%, 10/01/2026 | 105000 | 104028 |
| Series 132A, |  |  |
| 2.20%, 10/01/2032 | 100000 | 89133 |
| Series 146A, |  |  |
| 4.50%, 10/01/2044 | 1115000 | 1049888 |
| School District of Philadelphia, General <br> Obligation Limited, |  |  |
| Series A, |  |  |
| 4.00%, 09/01/2035 - 09/01/2037 | 2275000 | 2239002 |
| Series F, |  |  |
| 5.00%, 09/01/2033 | 1305000 | 1326473 |
| State Public School Building Authority, <br> Revenue Bonds, |  |  |
| Series A, |  |  |
| 5.00%, 06/01/2032 | 4415000 | 4483983 |
| Series A, AG, |  |  |
| 5.00%, 12/01/2043 | 2190000 | 2127946 |
| West Chester Area School District, General <br> Obligation Limited, |  |  |
| 2.00%, 03/15/2032 | 140000 | 122734 |
|  |  | 41640067 |
| **Puerto Rico - 0.3%**  | **Puerto Rico - 0.3%**  | **Puerto Rico - 0.3%**  |
| Children's Trust Fund, Revenue Bonds, |  |  |
| 5.63%, 05/15/2043 | 125000 | 127108 |
| Puerto Rico Electric Power Authority, <br> Revenue Bonds, |  |  |
| Series SS, AG, |  |  |
| 4.38%, 07/01/2030 | 145000 | 140052 |
| 5.00%, 07/01/2030 | 2100000 | 2084665 |
| Series UU, AG, |  |  |
| 4.25%, 07/01/2027 | 20000 | 19748 |
| Series VV, AG, |  |  |
| 5.25%, 07/01/2027 | 40000 | 40234 |
| Puerto Rico Municipal Finance Agency, <br> Revenue Bonds, |  |  |
| Series A, AG, |  |  |
| 5.00%, 08/01/2027 | 475000 | 476292 |
|  |  | 2888099 |
| **Rhode Island - 0.4%**  | **Rhode Island - 0.4%**  | **Rhode Island - 0.4%**  |
| Providence Public Building Authority, <br> Revenue Bonds, |  |  |
| Series A, AG, |  |  |
| 5.00%, 09/15/2039 | 135000 | 136624 |
| 5.25%, 09/15/2044 | 475000 | 491099 |
| Rhode Island Health & Educational <br> Building Corp., Revenue Bonds, |  |  |
| Series D, |  |  |
| 5.50%, 05/15/2049 | 1500000 | 1566857 |

---

---

| | | |
|:---|:---|:---|
|  | **Principal** | **Value** |
| **MUNICIPAL GOVERNMENT OBLIGATIONS (continued)** | **MUNICIPAL GOVERNMENT OBLIGATIONS (continued)** | **MUNICIPAL GOVERNMENT OBLIGATIONS (continued)** |
| **Rhode Island (continued)** | **Rhode Island (continued)** | **Rhode Island (continued)** |
| &nbsp;&nbsp; Rhode Island Health & Educational <br> Building Corp., Revenue <br> Bonds, (continued)<br>|  |  |
| Series F, |  |  |
| 5.50%, 05/15/2052 | $1915000 | $1977347 |
|  |  | 4171927 |
| **South Carolina - 0.6%**  | **South Carolina - 0.6%**  | **South Carolina - 0.6%**  |
| South Carolina Jobs-Economic <br> Development Authority, Revenue Bonds, |  |  |
| 5.00%, 10/01/2026 - 02/01/2036 <sup>(B)</sup> <br>| 1000000 | 1001380 |
| Series A, |  |  |
| 5.25%, 11/01/2043 | 1000000 | 1027290 |
| 5.50%, 11/01/2049 - 11/01/2050 | 3300000 | 3401160 |
| Sumter Two School Facilities, Inc., <br> Revenue Bonds, |  |  |
| BAM, |  |  |
| 3.13%, 12/01/2031 | 690000 | 659800 |
|  |  | 6089630 |
| **South Dakota - 0.2%**  | **South Dakota - 0.2%**  | **South Dakota - 0.2%**  |
| Brookings School District No. 005-1, <br> General Obligation Limited, |  |  |
| AG, |  |  |
| 5.50%, 06/15/2043 | 545000 | 579564 |
| &nbsp;&nbsp; South Dakota Board of Regents Housing & <br> Auxiliary Facilities System, Revenue <br>Bonds, |  |  |
| 4.00%, 04/01/2042 | 1015000 | 879458 |
|  |  | 1459022 |
| **Tennessee - 2.4%**  | **Tennessee - 2.4%**  | **Tennessee - 2.4%**  |
| Chattanooga Health Educational & <br> Housing Facility Board, Revenue Bonds, |  |  |
| 5.00%, 10/01/2027 | 550000 | 551382 |
| Series A-1, |  |  |
| 4.00%, 08/01/2044 | 1100000 | 948103 |
| City of Jackson, Revenue Bonds, |  |  |
| 5.00%, 04/01/2029 | 75000 | 75049 |
| City of LaFollette Electric System <br> Revenue, Revenue Bonds, |  |  |
| BAM, |  |  |
| 5.00%, 06/01/2037 | 780000 | 834769 |
| Knox County Health Educational & <br> Housing Facility Board, Revenue Bonds, |  |  |
| Series A-1, BAM, |  |  |
| 5.00%, 07/01/2038 - 07/01/2043 | 2445000 | 2483055 |
| 5.25%, 07/01/2049 | 5430000 | 5464229 |
| 5.50%, 07/01/2054 - 07/01/2059 | 8025000 | 8152170 |
| &nbsp;&nbsp; Metropolitan Government Nashville & <br> Davidson County Health & Educational <br>Facilities Board, Revenue Bonds, |  |  |
| Series B, FNMA, Fixed until 02/01/2026, |  |  |
| 3.85% <sup>(A)</sup>, 02/01/2048 | 400000 | 401251 |
| New Memphis Arena Public Building <br> Authority, Revenue Bonds, |  |  |
| 0.00% <sup>(D)</sup>, 04/01/2029 | 550000 | 536496 |

---

**Transamerica Funds**

**Page 14**

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**Transamerica Intermediate Muni**

------

**SCHEDULE OF INVESTMENTS (continued)**

**At July 31, 2025**

**(unaudited)**

---

| | | |
|:---|:---|:---|
|  | **Principal** | **Value** |
| **MUNICIPAL GOVERNMENT OBLIGATIONS (continued)** | **MUNICIPAL GOVERNMENT OBLIGATIONS (continued)** | **MUNICIPAL GOVERNMENT OBLIGATIONS (continued)** |
| **Tennessee (continued)** | **Tennessee (continued)** | **Tennessee (continued)** |
| Shelby County Health Educational & <br> Housing Facilities Board, Revenue Bonds, |  |  |
| Series A, AG, |  |  |
| 5.00%, 06/01/2029 - 06/01/2032 | $3350000 | $3598288 |
|  |  | 23044792 |
| **Texas - 10.2%**  | **Texas - 10.2%**  | **Texas - 10.2%**  |
| Arlington Higher Education Finance Corp., <br> Revenue Bonds, |  |  |
| Series A, |  |  |
| 4.00%, 08/15/2034 | 1000000 | 1011952 |
| Audubon Municipal Utility District No. 1, <br> General Obligation Unlimited, |  |  |
| BAM, |  |  |
| 4.00%, 09/01/2033 - 09/01/2034 <sup>(G)</sup> <br>| 680000 | 678749 |
| Banquete Independent School District, <br> General Obligation Unlimited, |  |  |
| 5.00%, 08/01/2043 | 850000 | 876350 |
| Baybrook Municipal Utility District No. 1, <br> General Obligation Unlimited, |  |  |
| BAM, |  |  |
| 4.25%, 05/01/2034 | 485000 | 487527 |
| 5.88%, 05/01/2033 | 860000 | 937968 |
| 6.75%, 05/01/2032 | 1925000 | 2185827 |
| Brookfield Water Control & Improvement <br> District, General Obligation Unlimited, |  |  |
| AG, |  |  |
| 4.00%, 09/01/2045 | 1075000 | 904648 |
| Cedar Port Navigation & Improvement <br> District, General Obligation Unlimited, |  |  |
| 4.50%, 03/01/2031 - 03/01/2042 | 2255000 | 2097924 |
| Central Texas Turnpike System, Revenue <br> Bonds, |  |  |
| Series C, |  |  |
| 5.00%, 08/15/2038 | 1000000 | 1058961 |
| City of Arlington Special Tax Revenue, <br> Special Tax, |  |  |
| AG, |  |  |
| 5.00%, 02/15/2028 | 150000 | 150129 |
| City of Celina, Special Assessment, |  |  |
| AG, |  |  |
| 5.00%, 09/01/2045 | 1450000 | 1447580 |
| City of Odessa, General Obligation <br> Limited, |  |  |
| 4.00%, 03/01/2038 - 03/01/2039 | 5355000 | 4707248 |
| City of Rowlett, Special Assessment, |  |  |
| 3.13%, 09/15/2031 <sup>(B)</sup> <br>| 141000 | 128786 |
| City of Seguin, General Obligation Limited, |  |  |
| 5.50%, 09/01/2049 | 4950000 | 5207088 |
| City of Temple, Tax Allocation, |  |  |
| BAM, |  |  |
| 5.00%, 08/01/2028 - 08/01/2032 | 2490000 | 2697065 |
| Clifton Higher Education Finance Corp., <br> Revenue Bonds, |  |  |
| 3.00%, 08/15/2034 - 08/15/2035 | 2765000 | 2502370 |
| 5.25%, 08/15/2044 - 08/15/2049 | 2110000 | 2148430 |
| Series A, |  |  |
| 5.00%, 02/15/2028 - 08/15/2035 | 3850000 | 4105088 |

---

---

| | | |
|:---|:---|:---|
|  | **Principal** | **Value** |
| **MUNICIPAL GOVERNMENT OBLIGATIONS (continued)** | **MUNICIPAL GOVERNMENT OBLIGATIONS (continued)** | **MUNICIPAL GOVERNMENT OBLIGATIONS (continued)** |
| **Texas (continued)** | **Texas (continued)** | **Texas (continued)** |
| &nbsp;&nbsp; Clifton Higher Education Finance Corp., <br> Revenue Bonds, (continued)<br>|  |  |
| Series B, Fixed until 02/15/2030, |  |  |
| 4.00% <sup>(A)</sup>, 02/15/2055 | $1500000 | $1536198 |
| County of Harris Toll Road Revenue, <br> Revenue Bonds, |  |  |
| Series A, |  |  |
| 3.00%, 08/15/2037 | 1200000 | 1054602 |
| &nbsp;&nbsp; Crockett County Consolidated Common <br> School District No. 1, General Obligation <br>Unlimited, |  |  |
| AG, |  |  |
| 5.00%, 08/15/2028 | 1000000 | 1001560 |
| Dallas County Municipal Utility District No. <br> 4, General Obligation Unlimited, |  |  |
| BAM, |  |  |
| 6.75%, 03/01/2031 <sup>(G)</sup> <br>| 190000 | 217132 |
| Denton Independent School District, <br> General Obligation Unlimited, |  |  |
| Series B2, Fixed until 08/15/2030, |  |  |
| 4.00% <sup>(A)</sup>, 08/15/2055 | 2500000 | 2580199 |
| &nbsp;&nbsp; East Montgomery County Improvement <br> District Sales Tax Revenue, Revenue <br>Bonds, |  |  |
| AG, |  |  |
| 5.25%, 08/15/2049 | 1000000 | 1028800 |
| &nbsp;&nbsp; East Montgomery County Municipal Utility <br> District No. 5, General Obligation <br>Unlimited, |  |  |
| BAM, |  |  |
| 4.00%, 09/01/2046 | 195000 | 165861 |
| Ellis County Fresh Water Supply District <br> No. 1, General Obligation Unlimited, |  |  |
| BAM, |  |  |
| 4.13%, 09/01/2046 | 280000 | 245077 |
| Emerald Forest Utility District, General <br> Obligation Unlimited, |  |  |
| AG, |  |  |
| 1.50%, 09/01/2035 - 09/01/2036 <sup>(G)</sup> <br>| 440000 | 321947 |
| Fort Bend County Municipal Utility District <br> No. 176, General Obligation Unlimited, |  |  |
| AG, |  |  |
| 5.00%, 09/01/2032 <sup>(G)</sup> <br>| 290000 | 309108 |
| 6.50%, 09/01/2031 <sup>(G)</sup> <br>| 275000 | 314398 |
| Fort Bend County Municipal Utility District <br> No. 184, General Obligation Unlimited, |  |  |
| AG, |  |  |
| 4.00%, 04/01/2032 - 04/01/2034 <sup>(G)</sup> <br>| 1785000 | 1799395 |
| Fort Bend County Municipal Utility District <br> No. 222, General Obligation Unlimited, |  |  |
| AG, |  |  |
| 5.00%, 07/01/2032 <sup>(G)</sup> <br>| 730000 | 793031 |
| 6.00%, 07/01/2028 - 07/01/2029 <sup>(G)</sup> <br>| 625000 | 683531 |
| Fort Stockton Independent School District, <br> General Obligation Limited, |  |  |
| 5.00%, 08/01/2033 - 08/01/2038 | 2155000 | 2156552 |

---

**Transamerica Funds**

**Page 15**

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**Transamerica Intermediate Muni**

------

**SCHEDULE OF INVESTMENTS (continued)**

**At July 31, 2025**

**(unaudited)**

---

| | | |
|:---|:---|:---|
|  | **Principal** | **Value** |
| **MUNICIPAL GOVERNMENT OBLIGATIONS (continued)** | **MUNICIPAL GOVERNMENT OBLIGATIONS (continued)** | **MUNICIPAL GOVERNMENT OBLIGATIONS (continued)** |
| **Texas (continued)** | **Texas (continued)** | **Texas (continued)** |
| &nbsp;&nbsp; Galveston County Water Control & <br> Improvement District No. 1, General <br>Obligation Unlimited, |  |  |
| AG-CR, |  |  |
| 5.00%, 03/01/2036 | $220000 | $235854 |
| &nbsp;&nbsp; Harris Center for Mental Health & <br> Intellectual Developmental Disabilities, <br>Revenue Bonds, |  |  |
| 4.00%, 11/01/2045 | 3510000 | 2984340 |
| 4.25%, 11/01/2050 | 760000 | 646490 |
| Harris County Cultural Education Facilities <br> Finance Corp., Revenue Bonds, |  |  |
| Series A, Fixed until 02/15/2032, |  |  |
| 5.00% <sup>(A)</sup>, 11/15/2054 | 2500000 | 2681763 |
| Harris County Hospital District, General <br> Obligation Limited, |  |  |
| 3.00%, 02/15/2033 | 535000 | 510351 |
| Harris County Municipal Utility District No. <br> 105, General Obligation Unlimited, |  |  |
| BAM, |  |  |
| 4.00%, 03/01/2034 | 915000 | 925840 |
| Harris County Municipal Utility District No. <br> 213A, General Obligation Unlimited, |  |  |
| BAM, |  |  |
| 4.00%, 04/01/2033 | 415000 | 420223 |
| Harris County Municipal Utility District No. <br> 537, General Obligation Unlimited, |  |  |
| BAM-TCRS, |  |  |
| 3.75%, 04/01/2034 - 04/01/2035 | 200000 | 196232 |
| &nbsp;&nbsp; Harris County Water Control & <br> Improvement District No. 89, General <br>Obligation Unlimited, |  |  |
| AG, |  |  |
| 3.25%, 10/01/2035 | 230000 | 207779 |
| Harris County-Houston Sports Authority, <br> Revenue Bonds, |  |  |
| Series A, |  |  |
| Zero Coupon, 11/15/2040 | 3220000 | 1339251 |
| Series B, AG, |  |  |
| 5.00%, 11/15/2044 | 755000 | 762335 |
| &nbsp;&nbsp; Harris-Waller Counties Municipal Utility <br> District No. 4, General Obligation <br>Unlimited, |  |  |
| BAM, |  |  |
| 4.13%, 11/01/2034 <sup>(G)</sup> <br>| 1470000 | 1471309 |
| High Island Independent School District, <br> General Obligation Unlimited, |  |  |
| 6.38%, 02/15/2037 <sup>(G)</sup> <br>| 1195000 | 1391409 |
| Housing Options, Inc., Revenue Bonds, |  |  |
| Fixed until 05/01/2028, |  |  |
| 3.75% <sup>(A)</sup>, 11/01/2045 | 2500000 | 2533244 |
| Ingleside Independent School District, <br> General Obligation Unlimited, |  |  |
| 5.00%, 08/15/2038 <sup>(G)</sup> <br>| 1000000 | 1064383 |
| Kaufman County Municipal Utility District <br> No. 3, General Obligation Unlimited, |  |  |
| Series A, BAM, |  |  |
| 4.00%, 03/01/2035 | 560000 | 562888 |

---

---

| | | |
|:---|:---|:---|
|  | **Principal** | **Value** |
| **MUNICIPAL GOVERNMENT OBLIGATIONS (continued)** | **MUNICIPAL GOVERNMENT OBLIGATIONS (continued)** | **MUNICIPAL GOVERNMENT OBLIGATIONS (continued)** |
| **Texas (continued)** | **Texas (continued)** | **Texas (continued)** |
| Leander Independent School District, <br> General Obligation Unlimited, |  |  |
| Series B, |  |  |
| Zero Coupon, 08/15/2028 | $495000 | $450260 |
| Liberty Hill Independent School District, <br> General Obligation Unlimited, |  |  |
| 3.00%, 02/01/2036 | 1650000 | 1463868 |
| Meyer Ranch Municipal Utility District, <br> General Obligation Unlimited, |  |  |
| BAM, |  |  |
| 4.38%, 08/15/2042 | 240000 | 228268 |
| Midlothian Municipal Management District <br> No. 2, General Obligation Unlimited, |  |  |
| BAM, |  |  |
| 4.00%, 09/01/2036 | 840000 | 832558 |
| &nbsp;&nbsp; Montgomery County Water Control & <br> Improvement District No. 1, General <br>Obligation Unlimited, |  |  |
| AG, |  |  |
| 3.00%, 03/01/2034 | 480000 | 444908 |
| New Hope Cultural Education Facilities <br> Finance Corp., Revenue Bonds, |  |  |
| 5.00%, 01/01/2026 | 1040000 | 1044795 |
| Series A, AG, |  |  |
| 5.00%, 04/01/2046 | 560000 | 538431 |
| Parkway Utility District, General Obligation <br> Unlimited, |  |  |
| NATL, |  |  |
| 3.00%, 03/01/2036 | 1205000 | 1007588 |
| Permanent University Fund - University of <br> Texas System, Revenue Bonds, |  |  |
| Series A, |  |  |
| 3.25%, 07/01/2034 | 1670000 | 1574832 |
| Pottsboro Higher Education Finance Corp., <br> Revenue Bonds, |  |  |
| Series A, |  |  |
| 3.88%, 08/15/2026 | 70000 | 69561 |
| San Antonio Housing Trust Public Facility <br> Corp., Revenue Bonds, |  |  |
| Fixed until 07/01/2027, |  |  |
| 3.45% <sup>(A)</sup>, 07/01/2029 | 2500000 | 2513393 |
| San Antonio Water System, Revenue <br> Bonds, |  |  |
| Series 2013-F, Fixed until 11/01/2026, |  |  |
| 1.00% <sup>(A)</sup>, 05/01/2043 | 125000 | 121245 |
| Southwest Higher Education Authority, Inc., <br> Revenue Bonds, |  |  |
| Series A, |  |  |
| 4.00%, 10/01/2042 | 1000000 | 875705 |
| Sunfield Municipal Utility District No. 3, <br> General Obligation Unlimited, |  |  |
| BAM, |  |  |
| 3.00%, 09/01/2034 | 510000 | 461873 |
| Taft Independent School District, General <br> Obligation Unlimited, |  |  |
| 5.00%, 08/15/2041 | 1300000 | 1350969 |

---

**Transamerica Funds**

**Page 16**

------

**Transamerica Intermediate Muni**

------

**SCHEDULE OF INVESTMENTS (continued)**

**At July 31, 2025**

**(unaudited)**

---

| | | |
|:---|:---|:---|
|  | **Principal** | **Value** |
| **MUNICIPAL GOVERNMENT OBLIGATIONS (continued)** | **MUNICIPAL GOVERNMENT OBLIGATIONS (continued)** | **MUNICIPAL GOVERNMENT OBLIGATIONS (continued)** |
| **Texas (continued)** | **Texas (continued)** | **Texas (continued)** |
| Tarrant County Cultural Education Facilities <br> Finance Corp., Revenue Bonds, |  |  |
| Series A, |  |  |
| 5.00%, 07/01/2031 | $420000 | $442450 |
| Series B, |  |  |
| 5.00%, 07/01/2032 | 1060000 | 1110781 |
| Texas Municipal Gas Acquisition & Supply <br> Corp. V, Revenue Bonds, |  |  |
| Fixed until 07/01/2033, |  |  |
| 5.00% <sup>(A)</sup>, 01/01/2055 | 1900000 | 1999655 |
| Texas Private Activity Bond Surface <br> Transportation Corp., Revenue Bonds, |  |  |
| Series A, |  |  |
| 4.00%, 06/30/2037 | 395000 | 373978 |
| Texas Public Finance Authority, Revenue <br> Bonds, |  |  |
| BAM, |  |  |
| 5.00%, 05/01/2032 - 05/01/2033 | 1410000 | 1521215 |
| 5.25%, 05/01/2034 - 05/01/2035 | 2625000 | 2829135 |
| Texas State University System, Revenue <br> Bonds, |  |  |
| Series A, |  |  |
| 3.00%, 03/15/2037 | 1900000 | 1638108 |
| Texas Transportation Commission, General <br> Obligation Unlimited, |  |  |
| Series B, Fixed until 10/01/2025, |  |  |
| 0.65% <sup>(A)</sup>, 10/01/2041 | 125000 | 122366 |
| Travis County Municipal Utility District No. <br> 14, General Obligation Unlimited, |  |  |
| AG, |  |  |
| 3.00%, 09/01/2037 | 200000 | 168406 |
| Travis County Municipal Utility District No. <br> 16, General Obligation Unlimited, |  |  |
| AG, |  |  |
| 3.00%, 09/01/2036 | 215000 | 185721 |
| Travis County Municipal Utility District No. <br> 22, General Obligation Unlimited, |  |  |
| BAM, |  |  |
| 4.25%, 09/01/2035 | 420000 | 423113 |
| 6.75%, 09/01/2030 - 09/01/2033 | 2275000 | 2647258 |
| Viridian Municipal Management District, <br> General Obligation Unlimited, |  |  |
| AG, |  |  |
| 2.25%, 12/01/2037 | 1750000 | 1325225 |
| BAM, |  |  |
| 4.00%, 12/01/2032 | 520000 | 530452 |
| 6.25%, 12/01/2029 | 255000 | 286332 |
| Waller County Municipal Utility District No. <br> 9B, General Obligation Unlimited, |  |  |
| BAM, |  |  |
| 4.00%, 09/01/2046 | 105000 | 89888 |
| Waller County Road Improvement District <br> No. 1, General Obligation Unlimited, |  |  |
| AG-CR, |  |  |
| 3.00%, 03/01/2037 | 775000 | 660891 |

---

---

| | | |
|:---|:---|:---|
|  | **Principal** | **Value** |
| **MUNICIPAL GOVERNMENT OBLIGATIONS (continued)** | **MUNICIPAL GOVERNMENT OBLIGATIONS (continued)** | **MUNICIPAL GOVERNMENT OBLIGATIONS (continued)** |
| **Texas (continued)** | **Texas (continued)** | **Texas (continued)** |
| West Harris County Regional Water <br> Authority, Revenue Bonds, |  |  |
| BAM, |  |  |
| 4.00%, 12/15/2034 | $365000 | $367869 |
| Wilmer Municipal Utility District No. 1, <br> General Obligation Unlimited, |  |  |
| AG, |  |  |
| 5.50%, 09/01/2035 | 270000 | 290543 |
| 7.00%, 09/01/2030 - 09/01/2034 | 435000 | 508902 |
| Woodridge Municipal Utility District, <br> General Obligation Unlimited, |  |  |
| BAM-TCRS, |  |  |
| 3.38%, 09/01/2034 | 235000 | 211131 |
| 3.75%, 09/01/2034 - 09/01/2035 | 270000 | 263537 |
|  |  | 96449982 |
| **U.S. Virgin Islands - 0.0% \*** | **U.S. Virgin Islands - 0.0% \*** | **U.S. Virgin Islands - 0.0% \*** |
| Virgin Islands Public Finance Authority, <br> Revenue Bonds, |  |  |
| Series A, AG-CR, |  |  |
| 5.00%, 10/01/2032 <sup>(C)</sup> <br>| 175000 | 175476 |
| **Utah - 0.9%**  | **Utah - 0.9%**  | **Utah - 0.9%**  |
| Metropolitan Water District of Salt Lake & <br> Sandy, Revenue Bonds, |  |  |
| Series A, |  |  |
| 2.65%, 07/01/2030 | 1540000 | 1491191 |
| Mida Mountain Village Public Infrastructure <br> District, Tax Allocation, |  |  |
| Series 1, |  |  |
| 5.13%, 06/15/2054 <sup>(B)</sup> <br>| 2500000 | 2290039 |
| Series 2, |  |  |
| 6.00%, 06/15/2054 <sup>(B)</sup> <br>| 1500000 | 1493274 |
| Utah Board of Higher Education, Revenue <br> Bonds, |  |  |
| Series A, |  |  |
| 4.00%, 11/01/2034 | 1020000 | 1026064 |
| Utah Charter School Finance Authority, <br> Revenue Bonds, |  |  |
| 4.00%, 10/15/2031 | 45000 | 45067 |
| 5.00%, 10/15/2035 | 250000 | 250304 |
| Series 2020A, |  |  |
| 4.00%, 04/15/2040 | 1160000 | 1047633 |
| Series A, |  |  |
| 3.00%, 10/15/2034 | 1275000 | 1130247 |
|  |  | 8773819 |
| **Virginia - 1.9%**  | **Virginia - 1.9%**  | **Virginia - 1.9%**  |
| Chesapeake Bay Bridge & Tunnel District, <br> Revenue Bonds, |  |  |
| AG, |  |  |
| 5.00%, 07/01/2041 | 970000 | 973409 |
| Chesapeake Economic Development <br> Authority, Revenue Bonds, |  |  |
| Series A, Fixed until 10/01/2027, |  |  |
| 3.65% <sup>(A)</sup>, 02/01/2032 | 810000 | 821957 |

---

**Transamerica Funds**

**Page 17**

------

**Transamerica Intermediate Muni**

------

**SCHEDULE OF INVESTMENTS (continued)**

**At July 31, 2025**

**(unaudited)**

---

| | | |
|:---|:---|:---|
|  | **Principal** | **Value** |
| **MUNICIPAL GOVERNMENT OBLIGATIONS (continued)** | **MUNICIPAL GOVERNMENT OBLIGATIONS (continued)** | **MUNICIPAL GOVERNMENT OBLIGATIONS (continued)** |
| **Virginia (continued)** | **Virginia (continued)** | **Virginia (continued)** |
| Chesapeake Redevelopment & Housing <br> Authority, Revenue Bonds, |  |  |
| Fixed until 07/01/2040, |  |  |
| 4.50% <sup>(A)</sup>, 10/01/2040 | $1785000 | $1763453 |
| Fairfax County Industrial Development <br> Authority, Revenue Bonds, |  |  |
| 4.00%, 05/15/2042 | 1745000 | 1594649 |
| Isle Wight County Industrial Development <br> Authority, Revenue Bonds, |  |  |
| AG, |  |  |
| 5.25%, 07/01/2048 | 7220000 | 7272738 |
| Richmond Redevelopment & Housing <br> Authority, Revenue Bonds, |  |  |
| FNMA, |  |  |
| 4.50%, 05/01/2040 | 3075938 | 3042628 |
| Roanoke Economic Development <br> Authority, Revenue Bonds, |  |  |
| Series A, |  |  |
| 4.00%, 07/01/2038 | 440000 | 422372 |
| Virginia Housing Development Authority, <br> Revenue Bonds, |  |  |
| Series E, |  |  |
| 3.00%, 10/01/2028 | 775000 | 771962 |
| Virginia Small Business Financing <br> Authority, Revenue Bonds, |  |  |
| 4.00%, 11/01/2036 | 1095000 | 1073676 |
|  |  | 17736844 |
| **Washington - 2.2%**  | **Washington - 2.2%**  | **Washington - 2.2%**  |
| City of Spokane Valley, General Obligation <br> Limited, |  |  |
| 4.00%, 12/01/2026 | 505000 | 505319 |
| Everett Housing Authority, Revenue Bonds, |  |  |
| 4.00%, 07/01/2036 | 1495000 | 1469458 |
| Island County Fire Protection District No. 1, <br> General Obligation Unlimited, |  |  |
| 4.00%, 12/01/2027 | 585000 | 585304 |
| &nbsp;&nbsp; King & Snohomish Counties School District <br> No. 417 Northshore, General Obligation <br>Unlimited, |  |  |
| 5.00%, 12/01/2041 | 1160000 | 1219756 |
| King County Housing Authority, Revenue <br> Bonds, |  |  |
| 4.00%, 08/01/2035 | 1090000 | 1093974 |
| Snohomish County Housing Authority, <br> Revenue Bonds, |  |  |
| 4.00%, 04/01/2033 | 1660000 | 1662784 |
| State of Washington, General Obligation <br> Unlimited, |  |  |
| Series A1, |  |  |
| 5.00%, 08/01/2036 | 500000 | 500000 |
| Sumner Library Capital Facility Area, <br> General Obligation Unlimited, |  |  |
| 5.00%, 12/01/2044 | 2200000 | 2234507 |
| Washington Health Care Facilities <br> Authority, Revenue Bonds, |  |  |
| Series A, |  |  |
| 4.25%, 10/01/2040 | 1180000 | 1093057 |
| Series A2, |  |  |

---

---

| | | |
|:---|:---|:---|
|  | **Principal** | **Value** |
| **MUNICIPAL GOVERNMENT OBLIGATIONS (continued)** | **MUNICIPAL GOVERNMENT OBLIGATIONS (continued)** | **MUNICIPAL GOVERNMENT OBLIGATIONS (continued)** |
| **Washington (continued)** | **Washington (continued)** | **Washington (continued)** |
| &nbsp;&nbsp; Washington Health Care Facilities <br> Authority, Revenue Bonds, (continued)<br>|  |  |
| 5.00%, 08/01/2044 | $1000000 | $978645 |
| Series A-2, |  |  |
| 5.00%, 08/01/2032 | 480000 | 504610 |
| Washington State Housing Finance <br> Commission, Revenue Bonds, |  |  |
| 5.00%, 07/01/2033 - 07/01/2045 <sup>(B)</sup> <br>| 6115000 | 6187475 |
| Series 2N, GNMA, FNMA, FHLMC, |  |  |
| 2.15%, 12/01/2033 | 515000 | 426847 |
| Series A-2, BAM, |  |  |
| 5.00%, 07/01/2030 - 07/01/2036 <sup>(B)</sup> <br>| 2180000 | 2337672 |
| Yakima County School District No. 2 Union <br> Gap, General Obligation Unlimited, |  |  |
| 5.00%, 12/01/2044 | 160000 | 164328 |
|  |  | 20963736 |
| **West Virginia - 0.0% \*** | **West Virginia - 0.0% \*** | **West Virginia - 0.0% \*** |
| State of West Virginia, General Obligation <br> Unlimited, |  |  |
| Series A, |  |  |
| 3.00%, 11/01/2025 | 125000 | 125056 |
| West Virginia Hospital Finance Authority, <br> Revenue Bonds, |  |  |
| Series B, AG, |  |  |
| 5.38%, 09/01/2053 | 260000 | 266691 |
|  |  | 391747 |
| **Wisconsin - 5.4%**  | **Wisconsin - 5.4%**  | **Wisconsin - 5.4%**  |
| City of New Richmond Water & Sewer <br> Utility Revenue, Revenue Bonds, |  |  |
| Series B, |  |  |
| 2.00%, 05/01/2026 | 100000 | 98847 |
| Public Finance Authority, Revenue Bonds, |  |  |
| Zero Coupon, 12/15/2034 - 12/15/2037 <sup>(B)</sup> <br>| 9000000 | 4545796 |
| 4.00%, 09/01/2029 <sup>(B)</sup> <br>| 800000 | 792925 |
| 5.00%, 12/15/2036 <sup>(B)</sup> <br>| 2998651 | 2947715 |
| AG, |  |  |
| 5.00%, 07/01/2037 | 1865000 | 1902823 |
| Series A, |  |  |
| 4.10%, 06/15/2026 <sup>(B)</sup> <br>| 175000 | 176260 |
| 5.00%, 06/01/2030 - 11/15/2044 | 1110000 | 1152248 |
| Series A, AG, |  |  |
| 5.00%, 07/01/2036 | 340000 | 348535 |
| Series A-1, BAM, |  |  |
| 5.25%, 07/01/2042 | 4925000 | 5035436 |
| 5.38%, 07/01/2047 | 6300000 | 6334760 |
| 5.50%, 07/01/2052 | 5215000 | 5235989 |
| 5.63%, 07/01/2055 | 4400000 | 4415148 |
| Public Finance Authority, Tax Allocation, |  |  |
| 5.00%, 08/01/2039 | 500000 | 483047 |
| Wisconsin Health & Educational Facilities <br> Authority, Revenue Bonds, |  |  |
| 5.00%, 08/01/2032 | 670000 | 506713 |
| BAM, |  |  |
| 5.25%, 02/15/2054 | 3910000 | 3943291 |
| Series A, |  |  |
| 4.00%, 11/15/2039 | 8075000 | 7305948 |

---

**Transamerica Funds**

**Page 18**

------

**Transamerica Intermediate Muni**

------

**SCHEDULE OF INVESTMENTS (continued)**

**At July 31, 2025**

**(unaudited)**

---

| | | |
|:---|:---|:---|
|  | **Principal** | **Value** |
| **MUNICIPAL GOVERNMENT OBLIGATIONS (continued)** | **MUNICIPAL GOVERNMENT OBLIGATIONS (continued)** | **MUNICIPAL GOVERNMENT OBLIGATIONS (continued)** |
| **Wisconsin (continued)** | **Wisconsin (continued)** | **Wisconsin (continued)** |
| &nbsp;&nbsp; Wisconsin Health & Educational Facilities <br> Authority, Revenue Bonds, (continued)<br>|  |  |
| Series A-2, |  |  |
| 4.00%, 11/15/2034 | $800000 | $793813 |
| Series B, |  |  |
| 4.20%, 08/15/2028 | 1450000 | 1447983 |
| Series A, AG, |  |  |
| 4.00%, 02/15/2034 | 870000 | 877513 |
| Series A-2, AG, |  |  |
| 5.00%, 02/15/2031 - 02/15/2032 | 2200000 | 2366655 |
|  |  | 50711445 |
| **Wyoming - 0.2%**  | **Wyoming - 0.2%**  | **Wyoming - 0.2%**  |
| Wyoming Community Development <br> Authority, Revenue Bonds, |  |  |
| Series 2, |  |  |
| 2.95%, 06/01/2033 | 1485000 | 1388183 |
| &nbsp;&nbsp; **Total Municipal Government Obligations** <br>**(Cost $914,702,667)**<br>|  | 892897591 |

---

---

| | | |
|:---|:---|:---|
|  | **Principal** | **Value** |
| **REPURCHASE AGREEMENT - 5.7%**  | **REPURCHASE AGREEMENT - 5.7%**  | **REPURCHASE AGREEMENT - 5.7%**  |
| &nbsp;&nbsp; Fixed Income Clearing Corp., <br>1.80% <sup>(H)</sup>, dated 07/31/2025, to be <br> repurchased at $54,060,846 on 08/01/2025. <br> Collateralized by a U.S. Government <br> Obligation, 3.75% due 04/30/2027, and with <br> a value of $55,139,423.<br>| $54058143 | $54058143 |
| &nbsp;&nbsp; **Total Repurchase Agreement** <br>**(Cost $54,058,143)** | &nbsp;&nbsp; **Total Repurchase Agreement** <br>**(Cost $54,058,143)** | 54058143 |
| &nbsp;&nbsp; **Total Investments** <br>**(Cost $968,760,810)** | &nbsp;&nbsp; **Total Investments** <br>**(Cost $968,760,810)** | 946955734 |
| **Net Other Assets (Liabilities) - (0.1)%** | **Net Other Assets (Liabilities) - (0.1)%** | (1265615) |
| **Net Assets - 100.0%** | **Net Assets - 100.0%** | **$945690119** |

---

**INVESTMENT VALUATION:**

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Valuation Inputs** <sup>(I)</sup> <br>|  |  |  |  |
|  | **Level 1 -** <br>**Unadjusted** <br>**Quoted Prices**<br>| **Level 2 -** <br>**Other Significant** <br>**Observable Inputs**<br>| **Level 3 -** <br>**Significant** <br>**Unobservable Inputs**<br>| **Value** |
| **ASSETS** |  |  |  |  |
| **Investments** |  |  |  |  |
| Municipal Government Obligations | $— | &nbsp;&nbsp; $892897591 | &nbsp;&nbsp; $— | &nbsp;&nbsp; $892897591 |
| Repurchase Agreement |  | &nbsp;&nbsp; 54058143 | &nbsp;&nbsp; — | &nbsp;&nbsp; 54058143 |
| **Total Investments** | **$—** | &nbsp;&nbsp; **$946955734** | &nbsp;&nbsp; **$—** | &nbsp;&nbsp; **$946955734** |

---

**FOOTNOTES TO SCHEDULE OF INVESTMENTS:** 

\* *Percentage rounds to less than 0.1% or (0.1)%.*

<sup>(A)</sup> *Floating or variable rate security. The rate disclosed is as of July 31, 2025. For securities based on a published reference rate and spread, the reference* *rate and spread are indicated within the description. Variable rate securities with a floor or ceiling feature are disclosed at the inherent rate, where* *applicable. Certain variable rate securities are not based on a published reference rate and spread, but are determined by the issuer or agent and are* *based on current market conditions; these securities do not indicate a reference rate and spread in the description.* 

<sup>(B)</sup> *Security is exempt from registration pursuant to Rule 144A of the Securities Act of 1933. Security may be resold as transactions exempt from* *registration, normally to qualified institutional buyers. At July 31, 2025, the total value of 144A securities is $37,048,274, representing 3.9% of the Fund's* *net assets.* 

<sup>(C)</sup> *Restricted security. At July 31, 2025, the total value of such securities held by the Fund is as follows:*

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Investments** | **Description** | &nbsp;&nbsp; **Acquisition** <br>**Date**<br>| **Acquisition** <br>**Cost**<br>| **Value** | **Value as** <br>**Percentage of** <br>**Net Assets**<br>|
| Municipal Government <br> Obligations<br>| &nbsp;&nbsp;&nbsp; Bradburn Metropolitan District <br> No. 2 <br>General Obligation Limited, <br> Series A <br>4.00%, 12/01/2028<br>| 03/08/2018 | &nbsp;&nbsp; $291210 | &nbsp;&nbsp; $291706 | 0.0<br> %\*<br>|
| Municipal Government <br> Obligations<br>| &nbsp;&nbsp;&nbsp; Virgin Islands Public Finance <br> Authority <br>Revenue Bonds, Series A <br>5.00%, 10/01/2032<br>| 07/14/2020 - 02/09/2021 | &nbsp;&nbsp; 186332 | &nbsp;&nbsp; 175476 | 0.0<br> %\*<br>|
|  |  |  | &nbsp;&nbsp; **$477542** | &nbsp;&nbsp; **$467182** | **0.0**<br> **%\***<br>|

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

**Transamerica Funds**

**Page 19**

------

**Transamerica Intermediate Muni**

------

**SCHEDULE OF INVESTMENTS (continued)**

**At July 31, 2025**

**(unaudited)**

**FOOTNOTES TO SCHEDULE OF INVESTMENTS (continued):**

<sup>(D)</sup> *Step bond. Coupon rate changes in increments to maturity. The rate disclosed is as of July 31, 2025; the maturity date disclosed is the ultimate maturity* *date.* 

<sup>(E)</sup> *Security in default; no interest payments received and/or dividends declared during the last 12 months. At July 31, 2025, the value of this security is* *$1,131,850, representing 0.1% of the Fund's net assets.* 

<sup>(F)</sup> *Non-income producing security.*

<sup>(G)</sup> *When-issued, delayed-delivery and/or forward commitment (including TBAs) security. Security to be settled and delivered after July 31, 2025. Security* *may display a coupon rate of 0.00%, as the rate is to be determined at time of settlement.* 

<sup>(H)</sup> *Rate disclosed reflects the yield at July 31, 2025.*

<sup>(I)</sup> *There were no transfers in or out of Level 3 during the period ended July 31, 2025. Please reference the Investment Valuation section of the Notes to* *Schedule of Investments for more information regarding investment valuation and pricing inputs.* 

**PORTFOLIO ABBREVIATION(S):** 

*CR* *Custodial Receipts*

**MUNICIPAL INSURER ABBREVIATION(S):** 

---

| | |
|:---|:---|
| *AG* | *Assured Guaranty, Inc.* |
| *BAM* | *Build America Mutual Assurance Co.* |
| *FHLMC* | *Federal Home Loan Mortgage Corp.* |
| *FNMA* | *Federal National Mortgage Association* |
| *GNMA* | *Government National Mortgage Association* |
| *NATL* | *National Public Finance Guarantee Corp.* |
| *TCRS* | *Temporary Custodian Receipts* |

---

**Transamerica Funds**

**Page 20**

------

**Transamerica Intermediate Muni**

------

**NOTES TO SCHEDULE OF INVESTMENTS**

**At July 31, 2025**

**(unaudited)**

**INVESTMENT VALUATION**

Transamerica Intermediate Muni (the "Fund") is a series of the Transamerica Funds.

Transamerica Asset Management, Inc. ("TAM") has been designated as the Fund's valuation designee pursuant to Rule 2a-5 under the Investment Company Act of 1940, as amended, with responsibility for fair valuation subject to oversight by the Fund's Board of Trustees. The net asset value of the Fund is computed as of the official close of the New York Stock Exchange ("NYSE") each day the NYSE is open for business.

TAM utilizes various methods to measure the fair value of its investments on a recurring basis. Generally Accepted Accounting Principles in the United States of America establishes a hierarchy that prioritizes inputs to valuation methods. The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities. The three levels ("Levels") of inputs of the fair value hierarchy are defined as follows:

Level 1—Unadjusted quoted prices in active markets for identical securities.

Level 2—Inputs, other than quoted prices included in Level 1, which are observable, either directly or indirectly. These inputs may include quoted prices for the identical instrument on an inactive market, prices for similar instruments, interest rates, prepayment speeds, credit risk, yield curves, default rates, and similar data.

Level 3—Unobservable inputs based on the best information available in the circumstances, to the extent observable inputs are not available, which may include TAM's own assumptions used in determining the fair value of the Fund's investments.

The inputs used to measure fair value may fall into different Levels of the fair value hierarchy. In such cases, for disclosure purposes, the Level in the fair value hierarchy that is assigned to the fair value measurement of a security is determined based on the lowest Level input that is significant to the fair value measurement in its entirety. Certain investments that are measured at fair value using Net Asset Value per share, or its equivalent, using the "practical expedient" have not been classified in the fair value Levels. The hierarchy classification of inputs used to value the Fund's investments at July 31, 2025, is disclosed within the Investment Valuation section of the Schedule of Investments.

The availability of observable inputs can vary from security to security and is affected by a wide variety of factors, including, but not limited to, the type of security, whether the security is new and not yet established in the marketplace, the liquidity of markets, and other characteristics particular to the security. To the extent that valuation is based on models or inputs that are less observable or unobservable in the market, the determination of fair value requires more judgment. Accordingly, the degree of judgment exercised in determining fair value is generally greatest for instruments categorized in Level 3. Due to the inherent uncertainty of valuation, the determination of values may differ significantly from values that would have been realized had a ready market for investments existed, and the differences could be material.

**Fair value measurements:** Descriptions of the valuation techniques applied to the Fund's significant categories of assets and liabilities measured at fair value on a recurring basis are as follows:

*Municipal government obligations:* The fair value of municipal government obligations and variable rate notes is estimated based on models that consider, among other factors, information received from market makers and broker-dealers, current trades, bid-want lists, offerings, market movements, the liquidity of the bond, state of issuance, benchmark yield curves, and bond or note insurance. To the extent the inputs are observable and timely, the values would generally be categorized in Level 2 of the fair value hierarchy; otherwise they are categorized in Level 3.

*Repurchase agreements:* Repurchase agreements are valued at cost, which approximates fair value. To the extent the inputs are observable and timely, the values are generally categorized in Level 2 of the fair value hierarchy.

*Restricted securities:* Restricted securities for which quotations are not readily available are valued at fair value. Restricted securities issued by publicly traded companies are generally valued at a discount to similar publicly traded securities. Restricted securities issued by nonpublic entities may be valued by reference to comparable public entities and/or fundamental data relating to the issuer. Depending on the relative significance of observable valuation inputs, these instruments may be classified in either Level 2 or Level 3 of the fair value hierarchy.

**Transamerica Funds**

**Page 21**

------

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** TRANSAMERICA FUNDS

- **b. Investment Company Act file number:** 811-04556

- **c. CIK number of Registrant:** 0000787623

- **d. LEI of Registrant:** 54930088ZHZE1VMYEY52

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

  - **Street Address 1:** 1801 CALIFORNIA STREET

  - **City:** DENVER

  - **State:** CO

  - **Foreign country:** US

  - **Zip / Postal Code:** 80202

  - **Telephone number:** 720-493-4256

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

- **a. Name of Series:** Transamerica Intermediate Muni

- **b. EDGAR series identifier (if any):** S000038853

- **c. LEI of Series:** 549300HKKRYFPMUGDJ17

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

- **a. Date of fiscal year-end:** 2025-10-31

- **b. Date as of which information is reported:** 2025-07-31

**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:** $960904036.77

**Total Liabilities:** $17251700.05

**Net Assets:** $943652336.72

**Delayed Delivery Securities:** $13773691.42

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -1914.92000000 | **1-Year:** -30235.00000000 | **5-Year:** -141295.49000000 | **10-Year:** -324912.00000000 | **30-Year:** -96922.59000000

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

- **3-Month:** -147.80000000 | **1-Year:** -3548.79000000 | **5-Year:** -7169.75000000 | **10-Year:** -12808.59000000 | **30-Year:** -2862.46000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000119592 | -0.11%               | 0.68%                | -0.29%               |
| Class ID C000119594 | -0.09%               | 0.69%                | -0.36%               |
| Class ID C000119593 | -0.16%               | 0.63%                | -0.34%               |
| Class ID C000173651 | -0.09%               | 0.70%                | -0.36%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-6390963.19             | $2658061.84                                |
| Month 2  | $-565704.67              | $3970481.21                                |
| Month 3  | $-105717.75              | $-5616980.69                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Palm Beach County Health Facilities Authority                                    | Palm Beach County Health Facilities Authority                                             | CUSIP: 69651ABU7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    310000 | PA      | $325186.81    | 0.03%             | 2034-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kansas Municipal Energy Agency                                                   | Kansas Municipal Energy Agency                                                            | CUSIP: 48526CBK2<br>LEI: 549300G77TEGJUQPZW28 | Long             | DBT              | MUN               | US        |    745000 | PA      | $756406.99    | 0.08%             | 2033-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Statewide Communities Development Authority                           | California Statewide Communities Development Authority                                    | CUSIP: 13080SEX8<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |    300000 | PA      | $290084.61    | 0.03%             | 2054-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| City of Grand Forks ND                                                           | City of Grand Forks                                                                       | CUSIP: 38546WEK2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    130000 | PA      | $133325.17    | 0.01%             | 2040-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Atlanta Development Authority/The                                                | Atlanta Development Authority                                                             | CUSIP: 04780NJL2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1999851.00   | 0.21%             | 2044-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Oneida County Local Development Corp                                             | Oneida County Local Development Corp.                                                     | CUSIP: 682440AW2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1425000 | PA      | $1437041.82   | 0.15%             | 2027-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Mexico Finance Authority                                                     | New Mexico Finance Authority                                                              | CUSIP: 64711PSR2<br>LEI: 549300L6217Y7X40SP94 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1050792.90   | 0.11%             | 2041-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Coon Rapids MN                                                           | City of Coon Rapids                                                                       | CUSIP: 21659AAA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1737192 | PA      | $1844032.42   | 0.20%             | 2039-12-01      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| School District of Philadelphia/The                                              | School District of Philadelphia                                                           | CUSIP: 717883WD0<br>LEI: 254900HSKDHZKBZCUL90 | Long             | DBT              | MUN               | US        |    325000 | PA      | $312043.36    | 0.03%             | 2037-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| University of Illinois                                                           | University of Illinois                                                                    | CUSIP: 914325CV5<br>LEI: 549300VD8PPC4Q5HK850 | Long             | DBT              | MUN               | US        |    790000 | PA      | $791353.35    | 0.08%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                         | Massachusetts Development Finance Agency                                                  | CUSIP: 57584X8T1<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |    275000 | PA      | $270801.41    | 0.03%             | 2036-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| East Chicago School City                                                         | East Chicago School City                                                                  | CUSIP: 271641DD1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    395000 | PA      | $427046.35    | 0.05%             | 2029-06-30      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Northeast Ohio Medical University                                                | Northeast Ohio Medical University                                                         | CUSIP: 66433RCV8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    540000 | PA      | $557884.48    | 0.06%             | 2038-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Emerald Forest Utility District                                                  | Emerald Forest Utility District                                                           | CUSIP: 290881MN8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    220000 | PA      | $163889.97    | 0.02%             | 2035-09-01      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | New York State Dormitory Authority                                                        | CUSIP: 65000B7X0<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1386140.84   | 0.15%             | 2049-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Industrial Development Authority of the County of Pima/The                       | Industrial Development Authority of the County of Pima                                    | CUSIP: 721905SE8<br>LEI: 549300QDTQ25545R4K19 | Long             | DBT              | MUN               | US        |    445000 | PA      | $424704.84    | 0.05%             | 2049-07-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Cedar Port Navigation & Improvement District                                     | Cedar Port Navigation & Improvement District                                              | CUSIP: 15051PCX6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2080000 | PA      | $1902078.67   | 0.20%             | 2042-03-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Washington Health Care Facilities Authority                                      | Washington Health Care Facilities Authority                                               | CUSIP: 93978HGC3<br>LEI: 549300ZVPWQIL3N5TL85 | Long             | DBT              | MUN               | US        |   1180000 | PA      | $1093057.36   | 0.12%             | 2040-10-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| McHenry & Lake Counties Community High School District No 155 Crystal Lake       | McHenry & Lake Counties Community High School District No. 155 Crystal Lake               | CUSIP: 580807CU7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    295000 | PA      | $265937.37    | 0.03%             | 2041-06-30      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| West Virginia Hospital Finance Authority                                         | West Virginia Hospital Finance Authority                                                  | CUSIP: 956622X33<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    260000 | PA      | $266690.87    | 0.03%             | 2053-09-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Gunnison County Housing Authority                                                | Gunnison County Housing Authority                                                         | CUSIP: 402884AG5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    980000 | PA      | $1068445.39   | 0.11%             | 2033-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ohio Higher Educational Facility Commission                                      | Ohio Higher Educational Facility Commission                                               | CUSIP: 67756DED4<br>LEI: 5493007MQT6NGNN6BR81 | Long             | DBT              | MUN               | US        |    175000 | PA      | $173213.93    | 0.02%             | 2030-12-01      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| Bradburn Metropolitan District No 2                                              | Bradburn Metropolitan District No. 2                                                      | CUSIP: 103844AC0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    294000 | PA      | $291706.48    | 0.03%             | 2028-12-01      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| Western Kentucky University                                                      | Western Kentucky University                                                               | CUSIP: 9585195R7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    745000 | PA      | $785473.24    | 0.08%             | 2037-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Permanent University Fund - University of Texas System                           | Permanent University Fund - University of Texas System                                    | CUSIP: 9151155D7<br>LEI: 549300GZUEUTLKVGLF98 | Long             | DBT              | MUN               | US        |   1670000 | PA      | $1574831.88   | 0.17%             | 2034-07-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| McHenry & Lake Counties Community High School District No 155 Crystal Lake       | McHenry & Lake Counties Community High School District No. 155 Crystal Lake               | CUSIP: 580807CV5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    555000 | PA      | $491986.30    | 0.05%             | 2042-06-30      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Inglewood Unified School District                                                | Inglewood Unified School District                                                         | CUSIP: 457110PA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    975000 | PA      | $1125749.92   | 0.12%             | 2036-08-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | Illinois Finance Authority                                                                | CUSIP: 45204FBA2<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   2950000 | PA      | $2851229.58   | 0.30%             | 2036-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                             | Colorado Health Facilities Authority                                                      | CUSIP: 19648FKS2<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   5630000 | PA      | $5509772.48   | 0.58%             | 2044-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Summit County Development Finance Authority                                      | Summit County Development Finance Authority                                               | CUSIP: 86607CJG5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1145000 | PA      | $1112177.43   | 0.12%             | 2045-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Delano Union School District                                                     | Delano Union School District                                                              | CUSIP: 245631PA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    125000 | PA      | $62357.41     | 0.01%             | 2039-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Henderson Local Improvement Districts                                            | Henderson Local Improvement Districts                                                     | CUSIP: 425208VC6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $49950.67     | 0.01%             | 2025-09-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | Public Finance Authority                                                                  | CUSIP: 74442PL86<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   2998651 | PA      | $2947715.47   | 0.31%             | 2036-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Oregon Coast Community College District                                          | Oregon Coast Community College District                                                   | CUSIP: 68583NCN9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    850000 | PA      | $873275.89    | 0.09%             | 2045-06-15      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Maccray Independent School District No 2180/MN                                   | Maccray Independent School District No. 2180                                              | CUSIP: 554265CS5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    365000 | PA      | $311835.85    | 0.03%             | 2033-02-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                          | Los Angeles Department of Water & Power                                                   | CUSIP: 544532PN8<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1040360.40   | 0.11%             | 2041-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Waller County Road Improvement District No 1                                     | Waller County Road Improvement District No. 1                                             | CUSIP: 932453MU4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    775000 | PA      | $660890.86    | 0.07%             | 2037-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Clifton Higher Education Finance Corp                                            | Clifton Higher Education Finance Corp.                                                    | CUSIP: 187145UT2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1536197.85   | 0.16%             | 2055-02-15      | Floating      | 4.00%                 | No            |                  2 | On Loan: No      |
| State Public School Building Authority                                           | State Public School Building Authority                                                    | CUSIP: 85732GUG3<br>LEI: 5493006JN0UR7OGWTO86 | Long             | DBT              | MUN               | US        |   4415000 | PA      | $4483983.05   | 0.48%             | 2032-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Detroit Wayne County Stadium Authority                                           | Detroit Wayne County Stadium Authority                                                    | CUSIP: 251440BF9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1385000 | PA      | $1386004.82   | 0.15%             | 2026-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Auraria Higher Education Center                                                  | Auraria Higher Education Center                                                           | CUSIP: 051531CM1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3185000 | PA      | $3187922.87   | 0.34%             | 2029-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| East Chicago School City                                                         | East Chicago School City                                                                  | CUSIP: 271641DE9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    390000 | PA      | $424512.00    | 0.04%             | 2029-12-30      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Knox County Health Educational & Housing Facility Board                          | Knox County Health Educational & Housing Facility Board                                   | CUSIP: 499526AS0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2215000 | PA      | $2254393.11   | 0.24%             | 2054-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Bromley Park Metropolitan District No 2                                          | Bromley Park Metropolitan District No. 2                                                  | CUSIP: 112206CF2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    840000 | PA      | $858838.18    | 0.09%             | 2053-12-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | Public Finance Authority                                                                  | CUSIP: 74442PL45<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $575145.80    | 0.06%             | 2034-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| California Public Finance Authority                                              | California Public Finance Authority                                                       | CUSIP: 13057EJS4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $213671.48    | 0.02%             | 2037-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Delaware County Vocational & Technical School Authority                          | Delaware County Vocational & Technical School Authority                                   | CUSIP: 246053BN1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1610000 | PA      | $1476269.05   | 0.16%             | 2042-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Travis County Municipal Utility District No 16                                   | Travis County Municipal Utility District No. 16                                           | CUSIP: 89439PET1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    215000 | PA      | $185720.55    | 0.02%             | 2036-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Travis County Municipal Utility District No 22                                   | Travis County Municipal Utility District No. 22                                           | CUSIP: 89440MGE6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    460000 | PA      | $533345.99    | 0.06%             | 2030-09-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Northeast Ohio Medical University                                                | Northeast Ohio Medical University                                                         | CUSIP: 66433RCX4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    630000 | PA      | $638312.16    | 0.07%             | 2040-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pontotoc County Educational Facilities Authority                                 | Pontotoc County Educational Facilities Authority                                          | CUSIP: 732692CY2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    625000 | PA      | $631233.38    | 0.07%             | 2034-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Shreveport LA Water & Sewer Revenue                                      | City of Shreveport Water & Sewer Revenue                                                  | CUSIP: 825485XD2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $628333.98    | 0.07%             | 2027-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Village of Los Ranchos de Albuquerque NM                                         | Village of Los Ranchos de Albuquerque                                                     | CUSIP: 545610BG1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1515000 | PA      | $1390124.00   | 0.15%             | 2040-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Broward County Housing Finance Authority                                         | Broward County Housing Finance Authority                                                  | CUSIP: 115027QZ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $300096.21    | 0.03%             | 2041-04-01      | Floating      | 3.50%                 | No            |                  2 | On Loan: No      |
| California Statewide Communities Development Authority                           | California Statewide Communities Development Authority                                    | CUSIP: 13080SX33<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1007563.00   | 0.11%             | 2049-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Denver City & County Housing Authority                                           | Denver City & County Housing Authority                                                    | CUSIP: 24917QBJ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    865000 | PA      | $834501.48    | 0.09%             | 2041-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Mississippi Development Bank                                                     | Mississippi Development Bank                                                              | CUSIP: 60534TQH1<br>LEI: 549300122LOI8CB50V38 | Long             | DBT              | MUN               | US        |   3160000 | PA      | $3212059.10   | 0.34%             | 2040-12-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Maricopa County & Phoenix Industrial Development Authorities                     | Maricopa County & Phoenix Industrial Development Authorities                              | CUSIP: 566736FN9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2260000 | PA      | $2479057.51   | 0.26%             | 2055-03-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| County of Pasco FL                                                               | County of Pasco                                                                           | CUSIP: 70252AAU9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    215000 | PA      | $223345.18    | 0.02%             | 2043-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| High Island Independent School District                                          | High Island Independent School District                                                   | CUSIP: 429686DR6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1195000 | PA      | $1391409.01   | 0.15%             | 2037-02-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Southern Illinois University                                                     | Southern Illinois University                                                              | CUSIP: 843142BS8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    455000 | PA      | $455235.74    | 0.05%             | 2026-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                         | Massachusetts Development Finance Agency                                                  | CUSIP: 57583U6R4<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |    605000 | PA      | $574509.57    | 0.06%             | 2044-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Whiteside Bureau & Henry Counties Community Unit School District No 3            | Whiteside Bureau & Henry Counties Community Unit School District No. 3                    | CUSIP: 965667BC1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    295000 | PA      | $324248.13    | 0.03%             | 2031-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ravenna Metropolitan District                                                    | Ravenna Metropolitan District                                                             | CUSIP: 754252BL7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    430000 | PA      | $430208.85    | 0.05%             | 2043-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Toms River Board of Education                                                    | Toms River Board of Education                                                             | CUSIP: 890125YL5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    135000 | PA      | $109223.45    | 0.01%             | 2036-07-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                              | Wisconsin Health & Educational Facilities Authority                                       | CUSIP: 97712DZD1<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |    670000 | PA      | $506712.76    | 0.05%             | 2032-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fort Bend County Municipal Utility District No 184                               | Fort Bend County Municipal Utility District No. 184                                       | CUSIP: 34682XHZ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    850000 | PA      | $862684.38    | 0.09%             | 2032-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Grand Forks ND                                                           | City of Grand Forks                                                                       | CUSIP: 3854435X0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    430000 | PA      | $389793.02    | 0.04%             | 2035-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| California Health Facilities Financing Authority                                 | California Health Facilities Financing Authority                                          | CUSIP: 13032UFZ6<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |    260000 | PA      | $262086.06    | 0.03%             | 2026-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Rhode Island Health and Educational Building Corp                                | Rhode Island Health & Educational Building Corp.                                          | CUSIP: 7621967Q0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1566857.10   | 0.17%             | 2049-05-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Oklahoma County Finance Authority                                                | Oklahoma County Finance Authority                                                         | CUSIP: 67868UJT1<br>LEI: 549300KPR05JUN0F1289 | Long             | DBT              | MUN               | US        |   2350000 | PA      | $2388250.72   | 0.25%             | 2044-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Westchester County Local Development Corp                                        | Westchester County Local Development Corp.                                                | CUSIP: 95737TFN1<br>LEI: 549300KOSU8OC75V9238 | Long             | DBT              | MUN               | US        |   1775000 | PA      | $1875671.43   | 0.20%             | 2049-11-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Manhattan Park District                                                          | Manhattan Park District                                                                   | CUSIP: 562862CE0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    235000 | PA      | $214947.03    | 0.02%             | 2042-12-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Gunnison County Housing Authority                                                | Gunnison County Housing Authority                                                         | CUSIP: 402884AD2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    790000 | PA      | $853850.57    | 0.09%             | 2030-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DeKalb County Development Authority                                              | DeKalb County Development Authority                                                       | CUSIP: 240463JZ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $239043.93    | 0.03%             | 2035-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Clifton Higher Education Finance Corp                                            | Clifton Higher Education Finance Corp.                                                    | CUSIP: 187145SN8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    900000 | PA      | $968058.63    | 0.10%             | 2035-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Lehigh PA                                                              | County of Lehigh                                                                          | CUSIP: 52480GEG5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2370000 | PA      | $2376242.58   | 0.25%             | 2033-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| University of Kansas Hospital Authority                                          | University of Kansas Hospital Authority                                                   | CUSIP: 914367DE4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1880000 | PA      | $1882002.39   | 0.20%             | 2033-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | New Hampshire Business Finance Authority                                                  | CUSIP: 63610FBJ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1020000 | PA      | $1059243.48   | 0.11%             | 2042-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Washington State Housing Finance Commission                                      | Washington State Housing Finance Commission                                               | CUSIP: 93978LHS8<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |   1050000 | PA      | $1110109.46   | 0.12%             | 2037-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fort Bend County Municipal Utility District No 222                               | Fort Bend County Municipal Utility District No. 222                                       | CUSIP: 34686UDF7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    730000 | PA      | $793030.61    | 0.08%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Harris County Hospital District                                                  | Harris County Hospital District                                                           | CUSIP: 41415UAS5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    535000 | PA      | $510351.37    | 0.05%             | 2033-02-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Arkansas Development Finance Authority                                           | Arkansas Development Finance Authority                                                    | CUSIP: 04108KW61<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1225000 | PA      | $1254160.15   | 0.13%             | 2046-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Greater New Orleans Expressway Commission                                        | Greater New Orleans Expressway Commission                                                 | CUSIP: 39225PAU5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1255000 | PA      | $1257283.10   | 0.13%             | 2047-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington State Housing Finance Commission                                      | Washington State Housing Finance Commission                                               | CUSIP: 93978LJF4<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1061597.80   | 0.11%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Long Beach Bond Finance Authority                                                | Long Beach Bond Finance Authority                                                         | CUSIP: 54241AAX1<br>LEI: 549300BKBZ5U7OZH3S21 | Long             | DBT              | MUN               | US        |    155000 | PA      | $174320.32    | 0.02%             | 2032-11-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Toledo-Lucas County Port Authority                                               | Toledo-Lucas County Port Authority                                                        | CUSIP: 889251HD9<br>LEI: 549300H1LURZO4MT2Q75 | Long             | DBT              | MUN               | US        |    825000 | PA      | $662412.96    | 0.07%             | 2040-05-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Providence Public Building Authority                                             | Providence Public Building Authority                                                      | CUSIP: 74381MDM4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    475000 | PA      | $491099.03    | 0.05%             | 2044-09-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| School District of Philadelphia/The                                              | School District of Philadelphia                                                           | CUSIP: 717883WB4<br>LEI: 254900HSKDHZKBZCUL90 | Long             | DBT              | MUN               | US        |   1155000 | PA      | $1144122.56   | 0.12%             | 2035-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Charlton County School District                                                  | Charlton County School District                                                           | CUSIP: 161114BY8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    145000 | PA      | $161831.70    | 0.02%             | 2042-04-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Westchester County Local Development Corp                                        | Westchester County Local Development Corp.                                                | CUSIP: 95737TFR2<br>LEI: 549300KOSU8OC75V9238 | Long             | DBT              | MUN               | US        |   1635000 | PA      | $1723295.40   | 0.18%             | 2053-11-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| San Antonio Housing Trust Public Facility Corp                                   | San Antonio Housing Trust Public Facility Corp.                                           | CUSIP: 79626VAF6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2513392.50   | 0.27%             | 2029-07-01      | Floating      | 3.45%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | Indiana Finance Authority                                                                 | CUSIP: 45471AUC4<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   1295000 | PA      | $1284688.43   | 0.14%             | 2042-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Grand Forks ND                                                           | City of Grand Forks                                                                       | CUSIP: 3854435P7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    310000 | PA      | $304630.40    | 0.03%             | 2027-12-01      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| North Broward Hospital District                                                  | North Broward Hospital District                                                           | CUSIP: 657883DL5<br>LEI: 549300HZL14T4Q7UDP41 | Long             | DBT              | MUN               | US        |   4975000 | PA      | $5008490.21   | 0.53%             | 2037-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Shelby County Health Educational & Housing Facilities Board                      | Shelby County Health Educational & Housing Facilities Board                               | CUSIP: 821697Y60<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1060000 | PA      | $1129641.68   | 0.12%             | 2029-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Duluth Economic Development Authority                                            | Duluth Economic Development Authority                                                     | CUSIP: 26444VAH3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    905000 | PA      | $724258.20    | 0.08%             | 2041-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | Indiana Finance Authority                                                                 | CUSIP: 45470CAE9<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   4645000 | PA      | $4515029.18   | 0.48%             | 2030-11-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| City of Atlanta GA Water & Wastewater Revenue                                    | City of Atlanta Water & Wastewater Revenue                                                | CUSIP: 047870NE6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    360000 | PA      | $359977.54    | 0.04%             | 2040-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Copperleaf Metropolitan District No 4                                            | Copperleaf Metropolitan District No. 4                                                    | CUSIP: 21765KAS5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    870000 | PA      | $892671.50    | 0.09%             | 2040-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | Puerto Rico Electric Power Authority                                                      | CUSIP: 74526QEY4<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |    145000 | PA      | $140051.34    | 0.01%             | 2030-07-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Everett Housing Authority/WA                                                     | Everett Housing Authority                                                                 | CUSIP: 30002GAF6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1495000 | PA      | $1469457.93   | 0.16%             | 2036-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                         | Massachusetts Development Finance Agency                                                  | CUSIP: 57584X8V6<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |    460000 | PA      | $411254.67    | 0.04%             | 2041-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Celina TX                                                                | City of Celina                                                                            | CUSIP: 15114CKL7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1450000 | PA      | $1447580.39   | 0.15%             | 2045-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Mississippi Development Bank                                                     | Mississippi Development Bank                                                              | CUSIP: 60534XC87<br>LEI: 549300122LOI8CB50V38 | Long             | DBT              | MUN               | US        |   1180000 | PA      | $1194002.12   | 0.13%             | 2042-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Connecticut State Health & Educational Facilities Authority                      | Connecticut State Health & Educational Facilities Authority                               | CUSIP: 20775DPM8<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |    100000 | PA      | $89606.48     | 0.01%             | 2041-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| County of Warren OH                                                              | County of Warren                                                                          | CUSIP: 93515PEL7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1755000 | PA      | $1651819.16   | 0.18%             | 2049-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Alden Central School District                                                    | Alden Central School District                                                             | CUSIP: 014284GL1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    505000 | PA      | $487021.19    | 0.05%             | 2031-06-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Elizabeth Borough Municipal Authority                                            | Elizabeth Borough Municipal Authority                                                     | CUSIP: 286602DH7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    170000 | PA      | $146824.10    | 0.02%             | 2036-11-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| Town of Greece NY                                                                | Town of Greece                                                                            | CUSIP: 392442F38<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     85000 | PA      | $84319.67     | 0.01%             | 2030-08-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Mida Mountain Village Public Infrastructure District                             | Mida Mountain Village Public Infrastructure District                                      | CUSIP: 59561UAA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2290039.00   | 0.24%             | 2054-06-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Loup River Public Power District                                                 | Loup River Public Power District                                                          | CUSIP: 547116NV1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1079224.80   | 0.11%             | 2036-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Village of Lyons IL                                                              | Village of Lyons                                                                          | CUSIP: 552172KH0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1050000 | PA      | $1020185.67   | 0.11%             | 2037-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Housing Finance Agency                                              | Pennsylvania Housing Finance Agency                                                       | CUSIP: 70879QHV8<br>LEI: 549300JZVUPNWP77SP29 | Long             | DBT              | MUN               | US        |    100000 | PA      | $89133.05     | 0.01%             | 2032-10-01      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                             | Colorado Health Facilities Authority                                                      | CUSIP: 19648FWS9<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   3800000 | PA      | $3832752.20   | 0.41%             | 2042-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Bedford City School District                                                     | Bedford City School District                                                              | CUSIP: 076365LT0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2100000 | PA      | $2173729.32   | 0.23%             | 2042-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Connecticut State Health & Educational Facilities Authority                      | Connecticut State Health & Educational Facilities Authority                               | CUSIP: 20775DZG0<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |    265000 | PA      | $208953.16    | 0.02%             | 2039-07-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Texas Public Finance Authority                                                   | Texas Public Finance Authority                                                            | CUSIP: 88277PAV7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1085449.40   | 0.12%             | 2034-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Temple TX                                                                | City of Temple                                                                            | CUSIP: 880157CW0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1075000 | PA      | $1143155.43   | 0.12%             | 2028-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kokomo-Center School Building Corp                                               | Kokomo-Center School Building Corp.                                                       | CUSIP: 500296MG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    635000 | PA      | $580317.17    | 0.06%             | 2034-07-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Knox County Health Educational & Housing Facility Board                          | Knox County Health Educational & Housing Facility Board                                   | CUSIP: 499526AP6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1006229.40   | 0.11%             | 2043-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Virginia Small Business Financing Authority                                      | Virginia Small Business Financing Authority                                               | CUSIP: 928105BU8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1095000 | PA      | $1073676.19   | 0.11%             | 2036-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Baseline Metropolitan District No 1                                              | Baseline Metropolitan District No. 1                                                      | CUSIP: 069826AW5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2085000 | PA      | $2097107.80   | 0.22%             | 2049-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Miami-Dade County Industrial Development Authority                               | Miami-Dade County Industrial Development Authority                                        | CUSIP: 59333GAK4<br>LEI: 549300RM19LZY32DAU30 | Long             | DBT              | MUN               | US        |    625000 | PA      | $619422.44    | 0.07%             | 2027-09-01      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | Public Finance Authority                                                                  | CUSIP: 74444VAK6<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    800000 | PA      | $792924.80    | 0.08%             | 2029-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Oklahoma Turnpike Authority                                                      | Oklahoma Turnpike Authority                                                               | CUSIP: 679111E91<br>LEI: 549300J83EP2PBDYH615 | Long             | DBT              | MUN               | US        |   1435000 | PA      | $1512315.36   | 0.16%             | 2054-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Travis County Municipal Utility District No 22                                   | Travis County Municipal Utility District No. 22                                           | CUSIP: 89440MGG1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    705000 | PA      | $822688.54    | 0.09%             | 2032-09-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                         | Massachusetts Development Finance Agency                                                  | CUSIP: 57584XWT4<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   1090000 | PA      | $1021435.40   | 0.11%             | 2038-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                             | Colorado Health Facilities Authority                                                      | CUSIP: 19648FZQ0<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |    500000 | PA      | $545090.65    | 0.06%             | 2060-11-15      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | New Hampshire Business Finance Authority                                                  | CUSIP: 63608TAM2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7000000 | PA      | $4776543.80   | 0.51%             | 2031-12-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Bedford City School District                                                     | Bedford City School District                                                              | CUSIP: 076365LE3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $555297.25    | 0.06%             | 2029-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Broome County Local Development Corp                                             | Broome County Local Development Corp.                                                     | CUSIP: 114731AR3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1108619.16   | 0.12%             | 2039-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Southern Illinois University                                                     | Southern Illinois University                                                              | CUSIP: 843142CG3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1064980.40   | 0.11%             | 2029-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port Authority of New York & New Jersey                                          | Port Authority of New York & New Jersey                                                   | CUSIP: 73358W2A1<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |    985000 | PA      | $969304.81    | 0.10%             | 2037-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Buffalo & Erie County Industrial Land Development Corp                           | Buffalo & Erie County Industrial Land Development Corp.                                   | CUSIP: 11943KDA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1715000 | PA      | $1711119.13   | 0.18%             | 2027-08-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                           | California Municipal Finance Authority                                                    | CUSIP: 13048VLA4<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1455000 | PA      | $1232322.44   | 0.13%             | 2044-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Connecticut State Health & Educational Facilities Authority                      | Connecticut State Health & Educational Facilities Authority                               | CUSIP: 20775DEX6<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |    475000 | PA      | $499374.91    | 0.05%             | 2034-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Jefferson County Consolidated School District No 6/MO                            | Jefferson County Consolidated School District No. 6                                       | CUSIP: 473142QL4<br>LEI: 549300J4KGI0FR5MNX25 | Long             | DBT              | MUN               | US        |    470000 | PA      | $437982.94    | 0.05%             | 2034-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                       | Chicago Board of Education                                                                | CUSIP: 167505UC8<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |    250000 | PA      | $259284.50    | 0.03%             | 2027-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Sports Facilities Authority/The                                         | Illinois Sports Facilities Authority                                                      | CUSIP: 452143FR6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1495000 | PA      | $1567381.92   | 0.17%             | 2028-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Woodridge Municipal Utility District                                             | Woodridge Municipal Utility District                                                      | CUSIP: 97989WHZ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    235000 | PA      | $211130.65    | 0.02%             | 2034-09-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Southwest Higher Education Authority Inc                                         | Southwest Higher Education Authority, Inc.                                                | CUSIP: 845040KC7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $875705.10    | 0.09%             | 2042-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Parkdale Community Authority                                                     | Parkdale Community Authority                                                              | CUSIP: 700890AT3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    740000 | PA      | $760777.79    | 0.08%             | 2040-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Odessa TX                                                                | City of Odessa                                                                            | CUSIP: 676006SM2<br>LEI: 5493009W8JN2B6ZDRY14 | Long             | DBT              | MUN               | US        |    690000 | PA      | $619528.71    | 0.07%             | 2038-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Antietam School District                                                         | Antietam School District                                                                  | CUSIP: 037028WG8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1950000 | PA      | $1968405.86   | 0.21%             | 2043-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp                                                 | Florida Development Finance Corp.                                                         | CUSIP: 34061UMV7<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |    925000 | PA      | $887036.52    | 0.09%             | 2049-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| St Clair County School District No 118 Belleville                                | St. Clair County School District No. 118 Belleville                                       | CUSIP: 788448JY5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1010000 | PA      | $1096946.86   | 0.12%             | 2037-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Fort Stockton Independent School District                                        | Fort Stockton Independent School District                                                 | CUSIP: 348856NW1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    550000 | PA      | $550377.30    | 0.06%             | 2036-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Development Authority of Lagrange                                                | Development Authority of Lagrange                                                         | CUSIP: 503152DE7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1760000 | PA      | $1695166.88   | 0.18%             | 2031-10-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Allegheny County Hospital Development Authority                                  | Allegheny County Hospital Development Authority                                           | CUSIP: 01728A5W2<br>LEI: 54930046B973R604OG22 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $933858.10    | 0.10%             | 2039-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Somerville School District                                                       | Somerville School District                                                                | CUSIP: 835308FV4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $972354.80    | 0.10%             | 2027-05-15      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| Tarrant County Cultural Education Facilities Finance Corp                        | Tarrant County Cultural Education Facilities Finance Corp.                                | CUSIP: 87638TGG2<br>LEI: 549300ROY505NVTMMI25 | Long             | DBT              | MUN               | US        |   1060000 | PA      | $1110780.47   | 0.12%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Orange NY                                                              | County of Orange                                                                          | CUSIP: 6845755R0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2525000 | PA      | $2348006.59   | 0.25%             | 2031-06-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Oregon Coast Community College District                                          | Oregon Coast Community College District                                                   | CUSIP: 68583NCL3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    275000 | PA      | $285518.53    | 0.03%             | 2043-06-15      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| University of Louisville                                                         | University of Louisville                                                                  | CUSIP: 9143912C0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1685000 | PA      | $1739725.26   | 0.18%             | 2043-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington State Housing Finance Commission                                      | Washington State Housing Finance Commission                                               | CUSIP: 93978LJB3<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |    520000 | PA      | $563529.56    | 0.06%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arizona Industrial Development Authority                                         | Arizona Industrial Development Authority                                                  | CUSIP: 04052VAR1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1770000 | PA      | $1539649.90   | 0.16%             | 2044-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Roanoke Economic Development Authority                                           | Roanoke Economic Development Authority                                                    | CUSIP: 770082BV6<br>LEI: 549300P5QQORJY0U4T83 | Long             | DBT              | MUN               | US        |    440000 | PA      | $422372.15    | 0.04%             | 2038-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Gunnison County Housing Authority                                                | Gunnison County Housing Authority                                                         | CUSIP: 402884AB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    550000 | PA      | $579813.14    | 0.06%             | 2028-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Miami FL                                                                 | City of Miami                                                                             | CUSIP: 593490LH6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1080000 | PA      | $1109842.02   | 0.12%             | 2027-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Industrial Development Authority of the City of Phoenix Arizona/The              | Industrial Development Authority of the City of Phoenix Arizona                           | CUSIP: 71885FEH6<br>LEI: 549300A62PWFBDWB8332 | Long             | DBT              | MUN               | US        |    740000 | PA      | $740011.25    | 0.08%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Canyons Metropolitan District No 5                                               | Canyons Metropolitan District No. 5                                                       | CUSIP: 139071AV6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1150000 | PA      | $1147425.04   | 0.12%             | 2044-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Minnesota                                                               | State of Minnesota                                                                        | CUSIP: 60412AWS8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1950000 | PA      | $1975434.24   | 0.21%             | 2037-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| North Kern/Cawelo Financing Authority                                            | North Kern/Cawelo Financing Authority                                                     | CUSIP: 660313DN4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $210630.72    | 0.02%             | 2039-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Harris County Municipal Utility District No 537                                  | Harris County Municipal Utility District No. 537                                          | CUSIP: 41426HHV7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $97517.29     | 0.01%             | 2035-04-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Sports & Exhibition Authority of Pittsburgh & Allegheny County                   | Sports & Exhibition Authority of Pittsburgh & Allegheny County                            | CUSIP: 724791BU1<br>LEI: 254900JJT7A9Y409G258 | Long             | DBT              | MUN               | US        |    510000 | PA      | $559120.19    | 0.06%             | 2031-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Fayette OH                                                             | County of Fayette                                                                         | CUSIP: 312446AB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    280000 | PA      | $304322.20    | 0.03%             | 2029-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Colfax County School District No 58                                              | Colfax County School District No. 58                                                      | CUSIP: 19406PCN2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    405000 | PA      | $368691.91    | 0.04%             | 2045-12-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| California Health Facilities Financing Authority                                 | California Health Facilities Financing Authority                                          | CUSIP: 13032UGB8<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |    225000 | PA      | $226020.89    | 0.02%             | 2028-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Baybrook Municipal Utility District No 1                                         | Baybrook Municipal Utility District No. 1                                                 | CUSIP: 072724LT2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    485000 | PA      | $487527.38    | 0.05%             | 2034-05-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Idaho Housing & Finance Association                                              | Idaho Housing & Finance Association                                                       | CUSIP: 45129GDD4<br>LEI: 5493002WM3NYB1LQB744 | Long             | DBT              | MUN               | US        |    110000 | PA      | $110290.91    | 0.01%             | 2029-07-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| Wyoming Community Development Authority                                          | Wyoming Community Development Authority                                                   | CUSIP: 98322QLR6<br>LEI: 549300UQ62NB8FGTHW65 | Long             | DBT              | MUN               | US        |   1485000 | PA      | $1388183.49   | 0.15%             | 2033-06-01      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| City of Red Wing MN                                                              | City of Red Wing                                                                          | CUSIP: 757140AJ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    655000 | PA      | $515264.27    | 0.05%             | 2047-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Knox County Health Educational & Housing Facility Board                          | Knox County Health Educational & Housing Facility Board                                   | CUSIP: 499526AJ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    425000 | PA      | $444473.54    | 0.05%             | 2038-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Collier County Industrial Development Authority                                  | Collier County Industrial Development Authority                                           | CUSIP: 194641AZ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    435000 | PA      | $444297.30    | 0.05%             | 2043-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Harris County Water Control & Improvement District No 89                         | Harris County Water Control & Improvement District No. 89                                 | CUSIP: 414888HN0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    230000 | PA      | $207778.83    | 0.02%             | 2035-10-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Lancaster Industrial Development Authority                                       | Lancaster Industrial Development Authority                                                | CUSIP: 514349CX5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    755000 | PA      | $615828.06    | 0.07%             | 2044-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| State of Washington                                                              | State of Washington                                                                       | CUSIP: 93974DST6<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |    500000 | PA      | $500000.00    | 0.05%             | 2036-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                          | Los Angeles Department of Water & Power                                                   | CUSIP: 544532PP3<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |    500000 | PA      | $514988.25    | 0.05%             | 2042-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                          | Los Angeles Department of Water & Power                                                   | CUSIP: 544532PM0<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |    750000 | PA      | $785392.05    | 0.08%             | 2040-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Norwood OH                                                               | City of Norwood                                                                           | CUSIP: 669681AA6<br>LEI: 5493000KZUQ48Z2VEE89 | Long             | DBT              | MUN               | US        |    595000 | PA      | $597385.59    | 0.06%             | 2030-12-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| County of Aitkin MN                                                              | County of Aitkin                                                                          | CUSIP: 009572DK1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    615000 | PA      | $545863.42    | 0.06%             | 2037-02-01      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| Texas Public Finance Authority                                                   | Texas Public Finance Authority                                                            | CUSIP: 88277PAT2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    275000 | PA      | $296524.69    | 0.03%             | 2032-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Collier County Industrial Development Authority                                  | Collier County Industrial Development Authority                                           | CUSIP: 194641AY2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    645000 | PA      | $662820.25    | 0.07%             | 2042-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Omaha NE                                                                 | City of Omaha                                                                             | CUSIP: 6817128B4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $455306.80    | 0.05%             | 2036-04-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | Indiana Finance Authority                                                                 | CUSIP: 45470YGE5<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   1765000 | PA      | $1907128.21   | 0.20%             | 2063-10-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Wildwood Utility Dependent District                                              | Wildwood Utility Dependent District                                                       | CUSIP: 968214CH7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    615000 | PA      | $641106.38    | 0.07%             | 2048-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Stephenson County School District No 145 Freeport                                | Stephenson County School District No. 145 Freeport                                        | CUSIP: 858892QN5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2390000 | PA      | $2363593.61   | 0.25%             | 2045-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Township of Baytown MN                                                           | Township of Baytown                                                                       | CUSIP: 073225AW4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    520000 | PA      | $467058.02    | 0.05%             | 2036-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | Illinois Finance Authority                                                                | CUSIP: 45204EKE7<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    900000 | PA      | $908568.45    | 0.10%             | 2028-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                              | Wisconsin Health & Educational Facilities Authority                                       | CUSIP: 97712JJH7<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   1450000 | PA      | $1447982.76   | 0.15%             | 2028-08-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| County of Lackawanna PA                                                          | County of Lackawanna                                                                      | CUSIP: 505480X73<br>LEI: 549300FAS2IVO11LYX32 | Long             | DBT              | MUN               | US        |   1220000 | PA      | $1284498.72   | 0.14%             | 2039-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Fairfax County Industrial Development Authority                                  | Fairfax County Industrial Development Authority                                           | CUSIP: 30382VAT3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1745000 | PA      | $1594648.53   | 0.17%             | 2042-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Weld County School District No RE-9 Ault-Highland                                | Weld County School District No. RE-9 Ault-Highland                                        | CUSIP: 949325JA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2720000 | PA      | $2810755.25   | 0.30%             | 2049-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Southern Illinois University                                                     | Southern Illinois University                                                              | CUSIP: 843142CE8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1360000 | PA      | $1399638.97   | 0.15%             | 2027-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Housing Finance Agency                                              | Pennsylvania Housing Finance Agency                                                       | CUSIP: 70879QXT5<br>LEI: 549300JZVUPNWP77SP29 | Long             | DBT              | MUN               | US        |   1115000 | PA      | $1049887.57   | 0.11%             | 2044-10-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| New York City Municipal Water Finance Authority                                  | New York City Municipal Water Finance Authority                                           | CUSIP: 64972GCQ5<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |  12000000 | PA      | $12000000.00  | 1.27%             | 2048-06-15      | Floating      | 2.75%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                                       | Michigan Finance Authority                                                                | CUSIP: 59447TW58<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   2675000 | PA      | $2388491.18   | 0.25%             | 2040-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Lakes at Centerra Metropolitan District No 2                                     | Lakes at Centerra Metropolitan District No. 2                                             | CUSIP: 51207GBB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    855000 | PA      | $770065.33    | 0.08%             | 2044-12-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Washington Metropolitan Area Transit Authority Dedicated Revenue                 | Washington Metropolitan Area Transit Authority Dedicated Revenue                          | CUSIP: 93878YCT4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1185000 | PA      | $1231662.46   | 0.13%             | 2051-07-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| California Health Facilities Financing Authority                                 | California Health Facilities Financing Authority                                          | CUSIP: 13032UG93<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |    760000 | PA      | $787775.64    | 0.08%             | 2040-03-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp                                                 | Florida Development Finance Corp.                                                         | CUSIP: 34061UFV5<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |    675000 | PA      | $682251.53    | 0.07%             | 2035-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kentucky Municipal Power Agency                                                  | Kentucky Municipal Power Agency                                                           | CUSIP: 491501ER9<br>LEI: 2549001MTI3IE05Z7959 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1998340.80   | 0.21%             | 2042-09-01      | Floating      | 3.45%                 | No            |                  2 | On Loan: No      |
| Oneida County Local Development Corp                                             | Oneida County Local Development Corp.                                                     | CUSIP: 682440AY8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1008407.60   | 0.11%             | 2029-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Statewide Communities Development Authority                           | California Statewide Communities Development Authority                                    | CUSIP: 13078YPE9<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   1315000 | PA      | $1332729.49   | 0.14%             | 2028-09-02      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| County of Lehigh PA                                                              | County of Lehigh                                                                          | CUSIP: 52480GEF7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    850000 | PA      | $798035.25    | 0.08%             | 2039-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Sangamon County School District No 186 Springfield                               | Sangamon County School District No. 186 Springfield                                       | CUSIP: 800766PW1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000965.30   | 0.11%             | 2044-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Township of Weehawken NJ                                                         | Township of Weehawken                                                                     | CUSIP: 948560UN5<br>LEI: 549300NEPL206Q5RBR93 | Long             | DBT              | MUN               | US        |   1625000 | PA      | $1697028.45   | 0.18%             | 2028-07-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| New Orleans Aviation Board                                                       | New Orleans Aviation Board                                                                | CUSIP: 64763XAP5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $735716.10    | 0.08%             | 2029-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Greenwood Lake Joint Fire District                                               | Greenwood Lake Joint Fire District                                                        | CUSIP: 397228AN7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    175000 | PA      | $171527.74    | 0.02%             | 2030-06-01      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                          | Los Angeles Department of Water & Power                                                   | CUSIP: 544532PK4<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |    750000 | PA      | $799840.88    | 0.08%             | 2038-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Delaware NY                                                            | County of Delaware                                                                        | CUSIP: 245865DK3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    190000 | PA      | $180648.83    | 0.02%             | 2033-04-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Town of Huntertown IN Sewage Works Revenue                                       | Town of Huntertown Sewage Works Revenue                                                   | CUSIP: 445817AK5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1320000 | PA      | $1391559.18   | 0.15%             | 2039-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Woodridge Municipal Utility District                                             | Woodridge Municipal Utility District                                                      | CUSIP: 97989WHY9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    135000 | PA      | $132633.50    | 0.01%             | 2034-09-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                         | Massachusetts Development Finance Agency                                                  | CUSIP: 57585BAM0<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |    985000 | PA      | $1019647.97   | 0.11%             | 2036-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                              | Wisconsin Health & Educational Facilities Authority                                       | CUSIP: 97712D6N1<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2152791.00   | 0.23%             | 2031-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Collier County Industrial Development Authority                                  | Collier County Industrial Development Authority                                           | CUSIP: 194641BC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2475000 | PA      | $2440313.37   | 0.26%             | 2054-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Northern Illinois University                                                     | Northern Illinois University                                                              | CUSIP: 665245YP5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    140000 | PA      | $134641.77    | 0.01%             | 2037-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Village of Lyons IL                                                              | Village of Lyons                                                                          | CUSIP: 552172HV3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    125000 | PA      | $125204.10    | 0.01%             | 2032-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Idaho Housing & Finance Association                                              | Idaho Housing & Finance Association                                                       | CUSIP: 45129GMT9<br>LEI: 5493002WM3NYB1LQB744 | Long             | DBT              | MUN               | US        |    150000 | PA      | $156302.01    | 0.02%             | 2035-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Charles Stewart Mott Community College                                           | Charles Stewart Mott Community College                                                    | CUSIP: 15987EJT2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1930000 | PA      | $1987710.67   | 0.21%             | 2044-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Connecticut State Health & Educational Facilities Authority                      | Connecticut State Health & Educational Facilities Authority                               | CUSIP: 20775DJM5<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |    950000 | PA      | $996966.96    | 0.11%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Jacinto Unified School District                                              | San Jacinto Unified School District                                                       | CUSIP: 797848GT9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4070000 | PA      | $4083389.49   | 0.43%             | 2030-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Environmental Facilities Corp                                     | New York State Environmental Facilities Corp.                                             | CUSIP: 64986DPL3<br>LEI: 549300QJ33JJW73OQO60 | Long             | DBT              | MUN               | US        |   1060000 | PA      | $1097251.26   | 0.12%             | 2053-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | New York State Dormitory Authority                                                        | CUSIP: 65000BF60<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   2525000 | PA      | $2336188.08   | 0.25%             | 2043-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Toledo-Lucas County Port Authority                                               | Toledo-Lucas County Port Authority                                                        | CUSIP: 889251JH8<br>LEI: 549300H1LURZO4MT2Q75 | Long             | DBT              | MUN               | US        |   2080000 | PA      | $2012805.81   | 0.21%             | 2054-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                         | Massachusetts Development Finance Agency                                                  | CUSIP: 57584XWN7<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1516210.80   | 0.16%             | 2034-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority                                            | Metropolitan Transportation Authority                                                     | CUSIP: 59259Y6V6<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |   2650000 | PA      | $2659334.36   | 0.28%             | 2033-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                        | New Jersey Economic Development Authority                                                 | CUSIP: 645912EB8<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |    130000 | PA      | $130658.23    | 0.01%             | 2027-09-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Westchester County Local Development Corp                                        | Westchester County Local Development Corp.                                                | CUSIP: 95737TFL5<br>LEI: 549300KOSU8OC75V9238 | Long             | DBT              | MUN               | US        |   2240000 | PA      | $2244165.50   | 0.24%             | 2047-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maine State Housing Authority                                                    | Maine State Housing Authority                                                             | CUSIP: 56052FD36<br>LEI: 549300SO05LH6D240016 | Long             | DBT              | MUN               | US        |   2145000 | PA      | $2149524.66   | 0.23%             | 2038-11-15      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | Illinois Finance Authority                                                                | CUSIP: 452031AG2<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    400000 | PA      | $422514.04    | 0.04%             | 2029-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida State Board of Governors                                                 | Florida State Board of Governors                                                          | CUSIP: 34157WAM1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1345000 | PA      | $1409145.74   | 0.15%             | 2037-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fishers Town Hall Building Corp                                                  | Fishers Town Hall Building Corp.                                                          | CUSIP: 338042EM2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    425000 | PA      | $457569.54    | 0.05%             | 2063-01-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Fishers Town Hall Building Corp                                                  | Fishers Town Hall Building Corp.                                                          | CUSIP: 338042EL4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6415000 | PA      | $6906608.39   | 0.73%             | 2058-07-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| City of Horace ND                                                                | City of Horace                                                                            | CUSIP: 440365JP0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    610000 | PA      | $568302.23    | 0.06%             | 2050-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Waconia Independent School District No 110                                       | Waconia Independent School District No. 110                                               | CUSIP: 930047QQ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2080000 | PA      | $2296543.39   | 0.24%             | 2034-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Louisiana Public Facilities Authority                                            | Louisiana Public Facilities Authority                                                     | CUSIP: 5463987C6<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |    680000 | PA      | $227800.00    | 0.02%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Taft Independent School District/TX                                              | Taft Independent School District                                                          | CUSIP: 873737KQ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1350969.36   | 0.14%             | 2041-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Sheldon Community School District School Infrastructure Sales Services & Use Tax | Sheldon Community School District School Infrastructure Sales Services & Use Tax          | CUSIP: 822466AL2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    765000 | PA      | $792455.47    | 0.08%             | 2036-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Connecticut State Health & Educational Facilities Authority                      | Connecticut State Health & Educational Facilities Authority                               | CUSIP: 20775DPC0<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2156944.00   | 0.23%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Bedford City School District                                                     | Bedford City School District                                                              | CUSIP: 076365LN3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1380000 | PA      | $1482169.82   | 0.16%             | 2037-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Ellis County Fresh Water Supply District No 1                                    | Ellis County Fresh Water Supply District No. 1                                            | CUSIP: 288718EZ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    280000 | PA      | $245076.97    | 0.03%             | 2046-09-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | Public Finance Authority                                                                  | CUSIP: 74442CCQ5<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    540000 | PA      | $587402.71    | 0.06%             | 2030-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Northern Illinois University                                                     | Northern Illinois University                                                              | CUSIP: 665245YN0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    690000 | PA      | $677487.06    | 0.07%             | 2036-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Denver City & County Housing Authority                                           | Denver City & County Housing Authority                                                    | CUSIP: 24917QBA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    965000 | PA      | $987878.41    | 0.10%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia                                                             | District of Columbia                                                                      | CUSIP: 25483VSD7<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1315725.97   | 0.14%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of West Virginia                                                           | State of West Virginia                                                                    | CUSIP: 956553WP2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    125000 | PA      | $125055.98    | 0.01%             | 2025-11-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| East Ramapo Central School District                                              | East Ramapo Central School District                                                       | CUSIP: 274672HV9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    360000 | PA      | $362496.71    | 0.04%             | 2044-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Utah Board of Higher Education                                                   | Utah Board of Higher Education                                                            | CUSIP: 91754RD79<br>LEI: 549300SAYC054T80UK17 | Long             | DBT              | MUN               | US        |   1020000 | PA      | $1026064.10   | 0.11%             | 2034-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Howell Public Schools                                                            | Howell Public Schools                                                                     | CUSIP: 443114WQ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $521500.55    | 0.06%             | 2041-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Meyer Ranch Municipal Utility District                                           | Meyer Ranch Municipal Utility District                                                    | CUSIP: 59312TFL4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    240000 | PA      | $228267.89    | 0.02%             | 2042-08-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Gary Chicago International Airport Authority                                     | Gary Chicago International Airport Authority                                              | CUSIP: 367066AX5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    775000 | PA      | $812640.43    | 0.09%             | 2037-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Sumner Library Capital Facility Area                                             | Sumner Library Capital Facility Area                                                      | CUSIP: 866459AV2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2200000 | PA      | $2234507.22   | 0.24%             | 2044-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Charles Stewart Mott Community College                                           | Charles Stewart Mott Community College                                                    | CUSIP: 15987EJR6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1800000 | PA      | $1866496.68   | 0.20%             | 2042-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Warren County Port Authority                                                     | Warren County Port Authority                                                              | CUSIP: 93516RAE2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1180000 | PA      | $1097715.18   | 0.12%             | 2031-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| New York City Municipal Water Finance Authority                                  | New York City Municipal Water Finance Authority                                           | CUSIP: 64972GH98<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |   1900000 | PA      | $1951141.54   | 0.21%             | 2054-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Travis County Municipal Utility District No 22                                   | Travis County Municipal Utility District No. 22                                           | CUSIP: 89440MGH9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    740000 | PA      | $855870.38    | 0.09%             | 2033-09-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| North Carolina Medical Care Commission                                           | North Carolina Medical Care Commission                                                    | CUSIP: 65820HN82<br>LEI: 549300FH6KOXGCHQYG81 | Long             | DBT              | MUN               | US        |   1335000 | PA      | $1315364.15   | 0.14%             | 2036-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Chesapeake Bay Bridge & Tunnel District                                          | Chesapeake Bay Bridge & Tunnel District                                                   | CUSIP: 16514PAC3<br>LEI: 549300JGWE66ZSSOYN09 | Long             | DBT              | MUN               | US        |    970000 | PA      | $973408.68    | 0.10%             | 2041-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Village of Medina NY                                                             | Village of Medina                                                                         | CUSIP: 584785HF9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    155000 | PA      | $154995.77    | 0.02%             | 2030-05-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Broome County Local Development Corp                                             | Broome County Local Development Corp.                                                     | CUSIP: 114731AQ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $659294.16    | 0.07%             | 2038-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Viridian Municipal Management District                                           | Viridian Municipal Management District                                                    | CUSIP: 92823PNK8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1325224.78   | 0.14%             | 2037-12-01      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| City of Revere MA                                                                | City of Revere                                                                            | CUSIP: 761440W93<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $379567.12    | 0.04%             | 2041-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Ingleside Independent School District/TX                                         | Ingleside Independent School District                                                     | CUSIP: 457056ME6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1064382.80   | 0.11%             | 2038-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Gunnison County Housing Authority                                                | Gunnison County Housing Authority                                                         | CUSIP: 402884AQ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1450000 | PA      | $1480129.99   | 0.16%             | 2041-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Harris County Cultural Education Facilities Finance Corp                         | Harris County Cultural Education Facilities Finance Corp.                                 | CUSIP: 414008CZ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2681762.50   | 0.28%             | 2054-11-15      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Maryland Health & Higher Educational Facilities Authority                        | Maryland Health & Higher Educational Facilities Authority                                 | CUSIP: 57421CEX8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    745000 | PA      | $814880.78    | 0.09%             | 2034-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Statewide Communities Development Authority                           | California Statewide Communities Development Authority                                    | CUSIP: 13080SMA9<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |    225000 | PA      | $225801.02    | 0.02%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Clifton Higher Education Finance Corp                                            | Clifton Higher Education Finance Corp.                                                    | CUSIP: 187145TM9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1380000 | PA      | $1398723.98   | 0.15%             | 2049-08-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Housing Options Inc/TX                                                           | Housing Options, Inc.                                                                     | CUSIP: 44183TAM5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2533243.75   | 0.27%             | 2045-11-01      | Floating      | 3.75%                 | No            |                  2 | On Loan: No      |
| Crockett County Consolidated Common School District No 1                         | Crockett County Consolidated Common School District No. 1                                 | CUSIP: 226864BS4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1001560.20   | 0.11%             | 2028-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California State Public Works Board                                              | California State Public Works Board                                                       | CUSIP: 13068XPM5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1465000 | PA      | $1636186.86   | 0.17%             | 2038-04-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Baybrook Municipal Utility District No 1                                         | Baybrook Municipal Utility District No. 1                                                 | CUSIP: 072724LS4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    860000 | PA      | $937968.29    | 0.10%             | 2033-05-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| State of Alaska                                                                  | State of Alaska                                                                           | CUSIP: 0117704H4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000000.00   | 0.11%             | 2035-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kings Local School District                                                      | Kings Local School District                                                               | CUSIP: 496026NB7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4315000 | PA      | $4437295.30   | 0.47%             | 2062-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Mississippi Development Bank                                                     | Mississippi Development Bank                                                              | CUSIP: 60534W3U0<br>LEI: 549300122LOI8CB50V38 | Long             | DBT              | MUN               | US        |    195000 | PA      | $177028.88    | 0.02%             | 2033-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Charlotte-Mecklenburg Hospital Authority/The                                     | Charlotte-Mecklenburg Hospital Authority                                                  | CUSIP: 160853VD6<br>LEI: 549300XOH4JU704GMZ32 | Long             | DBT              | MUN               | US        |    255000 | PA      | $280555.05    | 0.03%             | 2049-01-15      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago O'Hare International Airport                                             | Chicago O'Hare International Airport                                                      | CUSIP: 1675935F5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1450000 | PA      | $1490878.55   | 0.16%             | 2059-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Highland Central School District                                                 | Highland Central School District                                                          | CUSIP: 430398HC4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    195000 | PA      | $189466.64    | 0.02%             | 2031-06-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | New Hampshire Business Finance Authority                                                  | CUSIP: 63607YCJ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $377312.74    | 0.04%             | 2030-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Baybrook Municipal Utility District No 1                                         | Baybrook Municipal Utility District No. 1                                                 | CUSIP: 072724LR6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1925000 | PA      | $2185827.11   | 0.23%             | 2032-05-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| New Hampshire Municipal Bond Bank                                                | New Hampshire Municipal Bond Bank                                                         | CUSIP: 64465QTV8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3350000 | PA      | $3464227.30   | 0.37%             | 2043-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Enterprise Development Authority                                      | California Enterprise Development Authority                                               | CUSIP: 13067RFL2<br>LEI: 549300544P6FSHU1HB46 | Long             | DBT              | MUN               | US        |   2700000 | PA      | $2700183.87   | 0.29%             | 2025-08-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| County of Fayette OH                                                             | County of Fayette                                                                         | CUSIP: 312446AA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $267807.08    | 0.03%             | 2028-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Long Beach Bond Finance Authority                                                | Long Beach Bond Finance Authority                                                         | CUSIP: 54241AAZ6<br>LEI: 549300BKBZ5U7OZH3S21 | Long             | DBT              | MUN               | US        |   5055000 | PA      | $5538554.22   | 0.59%             | 2037-11-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | Puerto Rico Electric Power Authority                                                      | CUSIP: 74526QPL0<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |     40000 | PA      | $40233.68     | 0.00%             | 2027-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Wyandotte County Unified School District No 500 Kansas City                      | Wyandotte County Unified School District No. 500 Kansas City                              | CUSIP: 982696SX5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3630000 | PA      | $3678664.14   | 0.39%             | 2055-09-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Inglewood Unified School District                                                | Inglewood Unified School District                                                         | CUSIP: 457110PB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    465000 | PA      | $530321.48    | 0.06%             | 2037-08-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Washington State Housing Finance Commission                                      | Washington State Housing Finance Commission                                               | CUSIP: 939783WJ1<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |    375000 | PA      | $376626.64    | 0.04%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southern California Public Power Authority                                       | Southern California Public Power Authority                                                | CUSIP: 842469DA3<br>LEI: 5493003B5TD5FWUKMD34 | Long             | DBT              | MUN               | US        |   1170000 | PA      | $1253069.06   | 0.13%             | 2038-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | New Hampshire Business Finance Authority                                                  | CUSIP: 63610FBL9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4380000 | PA      | $4434652.33   | 0.47%             | 2051-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                             | Colorado Health Facilities Authority                                                      | CUSIP: 19648FAB0<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |    710000 | PA      | $611627.23    | 0.06%             | 2046-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                           | California Municipal Finance Authority                                                    | CUSIP: 13048VLB2<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   2275000 | PA      | $2199009.77   | 0.23%             | 2044-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Gunnison County Housing Authority                                                | Gunnison County Housing Authority                                                         | CUSIP: 402884AA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    465000 | PA      | $482359.19    | 0.05%             | 2027-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Clifton Higher Education Finance Corp                                            | Clifton Higher Education Finance Corp.                                                    | CUSIP: 187145UJ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1160000 | PA      | $1063525.35   | 0.11%             | 2034-08-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Palisade Metropolitan District No 2                                              | Palisade Metropolitan District No. 2                                                      | CUSIP: 696392AD1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $925567.30    | 0.10%             | 2054-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Village of Stone Park IL                                                         | Village of Stone Park                                                                     | CUSIP: 861700GD8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1165000 | PA      | $1180636.75   | 0.13%             | 2043-02-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Dallas County Municipal Utility District No 4                                    | Dallas County Municipal Utility District No. 4                                            | CUSIP: 234696CC4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    190000 | PA      | $217132.13    | 0.02%             | 2031-03-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Dolores School District No Re-4A                                                 | Dolores School District No. Re-4A                                                         | CUSIP: 612790EW1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    270000 | PA      | $285265.40    | 0.03%             | 2049-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| King County Housing Authority                                                    | King County Housing Authority                                                             | CUSIP: 494762NZ6<br>LEI: 549300TZU8KSWALVD392 | Long             | DBT              | MUN               | US        |   1090000 | PA      | $1093973.81   | 0.12%             | 2035-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Tarrant County Cultural Education Facilities Finance Corp                        | Tarrant County Cultural Education Facilities Finance Corp.                                | CUSIP: 87638TGD9<br>LEI: 549300ROY505NVTMMI25 | Long             | DBT              | MUN               | US        |    420000 | PA      | $442450.30    | 0.05%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Columbus-Franklin County Finance Authority                                       | Columbus-Franklin County Finance Authority                                                | CUSIP: 19910XAL0<br>LEI: 549300NX3ODQN2ETOO82 | Long             | DBT              | MUN               | US        |    200000 | PA      | $200135.04    | 0.02%             | 2043-11-01      | Fixed         | 4.82%                 | No            |                  2 | On Loan: No      |
| City of Rowlett TX                                                               | City of Rowlett                                                                           | CUSIP: 779719AF0<br>LEI: 549300XN25SMDVQJM820 | Long             | DBT              | MUN               | US        |    141000 | PA      | $128785.90    | 0.01%             | 2031-09-15      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| New Hope Cultural Education Facilities Finance Corp                              | New Hope Cultural Education Facilities Finance Corp.                                      | CUSIP: 64542UDM3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1040000 | PA      | $1044794.82   | 0.11%             | 2026-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Housing Finance Agency                                            | New York State Housing Finance Agency                                                     | CUSIP: 64987JVN8<br>LEI: 5493000LS7KCDB02O506 | Long             | DBT              | MUN               | US        |    185000 | PA      | $185002.94    | 0.02%             | 2062-05-01      | Floating      | 3.10%                 | No            |                  2 | On Loan: No      |
| Toms River Board of Education                                                    | Toms River Board of Education                                                             | CUSIP: 890125YK7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    170000 | PA      | $140066.35    | 0.01%             | 2035-07-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| South Suburban College Community School District No 510                          | South Suburban College Community School District No. 510                                  | CUSIP: 216093GQ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $497437.43    | 0.05%             | 2033-12-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Multnomah County School District No 1J Portland                                  | Multnomah County School District No. 1J Portland                                          | CUSIP: 625517JY4<br>LEI: 5493002CTP8R8T4OPS64 | Long             | DBT              | MUN               | US        |   2425000 | PA      | $2425302.64   | 0.26%             | 2029-06-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Delaware County Vocational & Technical School Authority                          | Delaware County Vocational & Technical School Authority                                   | CUSIP: 246053BM3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    950000 | PA      | $885178.65    | 0.09%             | 2041-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Connecticut State Health & Educational Facilities Authority                      | Connecticut State Health & Educational Facilities Authority                               | CUSIP: 20775DPE6<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |    425000 | PA      | $451444.99    | 0.05%             | 2034-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tempe Industrial Development Authority                                           | Tempe Industrial Development Authority                                                    | CUSIP: 87972MBJ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     70000 | PA      | $69976.96     | 0.01%             | 2025-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Oneida County Local Development Corp                                             | Oneida County Local Development Corp.                                                     | CUSIP: 682440AV4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1925000 | PA      | $1941337.67   | 0.21%             | 2026-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                              | Wisconsin Health & Educational Facilities Authority                                       | CUSIP: 97712JKP7<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   3910000 | PA      | $3943291.30   | 0.42%             | 2054-02-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Sumter Two School Facilities Inc                                                 | Sumter Two School Facilities, Inc.                                                        | CUSIP: 866613BK7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    690000 | PA      | $659799.67    | 0.07%             | 2031-12-01      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| Viridian Municipal Management District                                           | Viridian Municipal Management District                                                    | CUSIP: 92823PSN7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    520000 | PA      | $530452.21    | 0.06%             | 2032-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| St John Baptist Parish Law Enforcement District                                  | St. John Baptist Parish Law Enforcement District                                          | CUSIP: 790198CA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    485000 | PA      | $495714.77    | 0.05%             | 2045-03-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Shelby County Health Educational & Housing Facilities Board                      | Shelby County Health Educational & Housing Facilities Board                               | CUSIP: 821697Y78<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1343291.38   | 0.14%             | 2030-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Higher Educational Facilities Authority                             | Pennsylvania Higher Educational Facilities Authority                                      | CUSIP: 70917TRU7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    970000 | PA      | $983335.85    | 0.10%             | 2048-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Fixed Income Clearing Corp                                                       | FIXED INC CLEARING CORP.REPO                                                              | CUSIP: 000000000<br>LEI: 549300H47WTHXPU08X20 | Long             | RA               | CORP              | US        |  54058143 | PA      | $54058142.63  | 5.73%             |  |  |  | No            |                  2 | On Loan: No      |
| State of New York Mortgage Agency Homeowner Mortgage Revenue                     | State of New York Mortgage Agency Homeowner Mortgage Revenue                              | CUSIP: 64988YQA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    190000 | PA      | $184116.08    | 0.02%             | 2030-04-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                       | Chicago Board of Education                                                                | CUSIP: 167505VT0<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |    300000 | PA      | $311141.40    | 0.03%             | 2027-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | Public Finance Authority                                                                  | CUSIP: 74444UAV4<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   6300000 | PA      | $6334760.25   | 0.67%             | 2047-07-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Coatesville School District                                                      | Coatesville School District                                                               | CUSIP: 190684QV5<br>LEI: 549300FB4I8E5MPRFX97 | Long             | DBT              | MUN               | US        |    585000 | PA      | $620237.94    | 0.07%             | 2039-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Atlanta Development Authority/The                                                | Atlanta Development Authority                                                             | CUSIP: 04780NMW4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $497544.85    | 0.05%             | 2034-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Loup River Public Power District                                                 | Loup River Public Power District                                                          | CUSIP: 547116NR0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1560000 | PA      | $1729197.91   | 0.18%             | 2032-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Gold Hill North Business Improvement District                                    | Gold Hill North Business Improvement District                                             | CUSIP: 38061PAA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1846737.80   | 0.20%             | 2054-12-01      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| Arlington Higher Education Finance Corp                                          | Arlington Higher Education Finance Corp.                                                  | CUSIP: 041806H29<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1011951.60   | 0.11%             | 2034-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Village of Depew NY                                                              | Village of Depew                                                                          | CUSIP: 249523GZ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    230000 | PA      | $230001.52    | 0.02%             | 2029-05-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Wilmer Municipal Utility District No 1                                           | Wilmer Municipal Utility District No. 1                                                   | CUSIP: 971436AJ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    270000 | PA      | $290543.44    | 0.03%             | 2035-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Chicago Park District                                                            | Chicago Park District                                                                     | CUSIP: 167615B51<br>LEI: 549300DNSTZGBZLIU409 | Long             | DBT              | MUN               | US        |    580000 | PA      | $574245.99    | 0.06%             | 2035-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Travis County Municipal Utility District No 14                                   | Travis County Municipal Utility District No. 14                                           | CUSIP: 89439TFB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $168406.18    | 0.02%             | 2037-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| City of Shreveport LA                                                            | City of Shreveport                                                                        | CUSIP: 8254345P4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    360000 | PA      | $387376.60    | 0.04%             | 2030-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Alabama State University                                                         | Alabama State University                                                                  | CUSIP: 010632QB6<br>LEI: 549300JCR3DWTI08FS98 | Long             | DBT              | MUN               | US        |    210000 | PA      | $228457.26    | 0.02%             | 2030-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Government Nashville & Davidson County Health & Educational Facs Bd | Metropolitan Government Nashville & Davidson County Health & Educational Facilities Board | CUSIP: 592113CD4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $401250.60    | 0.04%             | 2048-02-01      | Floating      | 3.85%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                       | Chicago Board of Education                                                                | CUSIP: 167505UB0<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |    100000 | PA      | $102333.37    | 0.01%             | 2026-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                          | Los Angeles Department of Water & Power                                                   | CUSIP: 544532PJ7<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |    750000 | PA      | $810520.95    | 0.09%             | 2037-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Louisiana Public Facilities Authority                                            | Louisiana Public Facilities Authority                                                     | CUSIP: 5463986W3<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |    780000 | PA      | $261300.00    | 0.03%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Dayton-Montgomery County Port Authority                                          | Dayton-Montgomery County Port Authority                                                   | CUSIP: 23981MBH8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    625000 | PA      | $598746.81    | 0.06%             | 2054-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                              | Wisconsin Health & Educational Facilities Authority                                       | CUSIP: 97712D6R2<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |    870000 | PA      | $877512.80    | 0.09%             | 2034-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Health Care Facilities Financing Authority                            | New Jersey Health Care Facilities Financing Authority                                     | CUSIP: 645790NP7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    435000 | PA      | $469979.83    | 0.05%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Bernardino City Unified School District                                      | San Bernardino City Unified School District                                               | CUSIP: 796714EQ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    900000 | PA      | $1024317.90   | 0.11%             | 2034-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Alfred Almond Central School District                                            | Alfred Almond Central School District                                                     | CUSIP: 015446ME4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    135000 | PA      | $138738.11    | 0.01%             | 2035-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Utah Charter School Finance Authority                                            | Utah Charter School Finance Authority                                                     | CUSIP: 91754TQP1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     45000 | PA      | $45066.65     | 0.00%             | 2031-10-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | Public Finance Authority                                                                  | CUSIP: 74442PL78<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   8000000 | PA      | $3970650.40   | 0.42%             | 2037-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Texas Public Finance Authority                                                   | Texas Public Finance Authority                                                            | CUSIP: 88277PAU9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1135000 | PA      | $1224690.42   | 0.13%             | 2033-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Terre Haute Sanitary District                                                    | Terre Haute Sanitary District                                                             | CUSIP: 881100EC1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1185000 | PA      | $1211161.48   | 0.13%             | 2042-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Alden Central School District                                                    | Alden Central School District                                                             | CUSIP: 014284GK3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    260000 | PA      | $256761.57    | 0.03%             | 2030-06-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Brooklyn Arena Local Development Corp                                            | Brooklyn Arena Local Development Corp.                                                    | CUSIP: 113807BN0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $213644.38    | 0.02%             | 2036-07-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| County of Fayette OH                                                             | County of Fayette                                                                         | CUSIP: 312446AC1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    205000 | PA      | $225173.11    | 0.02%             | 2030-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Utah Charter School Finance Authority                                            | Utah Charter School Finance Authority                                                     | CUSIP: 91754T3B7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     70000 | PA      | $66667.33     | 0.01%             | 2054-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| East Chicago School City                                                         | East Chicago School City                                                                  | CUSIP: 271641DC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    285000 | PA      | $305544.03    | 0.03%             | 2028-12-30      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Park Creek Metropolitan District                                                 | Park Creek Metropolitan District                                                          | CUSIP: 700387EP4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $150708.21    | 0.02%             | 2032-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southwestern Illinois Development Authority                                      | Southwestern Illinois Development Authority                                               | CUSIP: 84552YQJ3<br>LEI: 549300B1KLLJ8NU5XK71 | Long             | DBT              | MUN               | US        |    800000 | PA      | $803830.40    | 0.09%             | 2026-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southern Illinois University                                                     | Southern Illinois University                                                              | CUSIP: 843142CF5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1525000 | PA      | $1598085.47   | 0.17%             | 2028-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wilmer Municipal Utility District No 1                                           | Wilmer Municipal Utility District No. 1                                                   | CUSIP: 971436AD2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    210000 | PA      | $246561.38    | 0.03%             | 2030-09-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Charles Stewart Mott Community College                                           | Charles Stewart Mott Community College                                                    | CUSIP: 15987EJS4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1960000 | PA      | $2024052.60   | 0.21%             | 2043-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Louisiana Public Facilities Authority                                            | Louisiana Public Facilities Authority                                                     | CUSIP: 5463986Z6<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |    900000 | PA      | $301500.00    | 0.03%             | 2023-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                              | Wisconsin Health & Educational Facilities Authority                                       | CUSIP: 97712D6P6<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |    200000 | PA      | $213864.20    | 0.02%             | 2032-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Guin AL                                                                  | City of Guin                                                                              | CUSIP: 402028KH6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $970538.30    | 0.10%             | 2040-06-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| Metropolitan Washington Airports Authority Dulles Toll Road Revenue              | Metropolitan Washington Airports Authority Dulles Toll Road Revenue                       | CUSIP: 592643DQ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1575000 | PA      | $883171.96    | 0.09%             | 2037-10-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| County of Renville MN                                                            | County of Renville                                                                        | CUSIP: 760184GW5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    605000 | PA      | $617482.42    | 0.07%             | 2028-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Brookhaven-Comsewogue Union Free School District                                 | Brookhaven-Comsewogue Union Free School District                                          | CUSIP: 113067HC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    245000 | PA      | $234929.08    | 0.02%             | 2032-06-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Mida Mountain Village Public Infrastructure District                             | Mida Mountain Village Public Infrastructure District                                      | CUSIP: 59561UAD2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1493274.15   | 0.16%             | 2054-06-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| California Public Finance Authority                                              | California Public Finance Authority                                                       | CUSIP: 13057EJV7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1260000 | PA      | $1409133.85   | 0.15%             | 2033-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Galveston County Water Control & Improvement District No 1                       | Galveston County Water Control & Improvement District No. 1                               | CUSIP: 364316TB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    220000 | PA      | $235853.93    | 0.02%             | 2036-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maryland Economic Development Corp                                               | Maryland Economic Development Corp.                                                       | CUSIP: 57420VPC1<br>LEI: 549300JJ16DDBSZWSN94 | Long             | DBT              | MUN               | US        |    345000 | PA      | $345022.46    | 0.04%             | 2043-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                             | Colorado Health Facilities Authority                                                      | CUSIP: 19648FJE5<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   1545000 | PA      | $1351114.55   | 0.14%             | 2043-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts State College Building Authority                                   | Massachusetts State College Building Authority                                            | CUSIP: 575831DL3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    360000 | PA      | $366388.16    | 0.04%             | 2034-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| St Clair County Community Unit School District No 187 Cahokia                    | St. Clair County Community Unit School District No. 187 Cahokia                           | CUSIP: 788550MY4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    110000 | PA      | $111629.10    | 0.01%             | 2042-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Development Authority of Lagrange                                                | Development Authority of Lagrange                                                         | CUSIP: 503152DF4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    450000 | PA      | $358012.40    | 0.04%             | 2052-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp                                                 | Florida Development Finance Corp.                                                         | CUSIP: 34061UFW3<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |    420000 | PA      | $415483.07    | 0.04%             | 2040-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ohio Air Quality Development Authority                                           | Ohio Air Quality Development Authority                                                    | CUSIP: 677525WG8<br>LEI: 549300DZUU80AYOR6M80 | Long             | DBT              | MUN               | US        |    115000 | PA      | $108962.02    | 0.01%             | 2038-12-01      | Floating      | 2.40%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs-Economic Development Authority                               | South Carolina Jobs-Economic Development Authority                                        | CUSIP: 837032BW0<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1027290.20   | 0.11%             | 2043-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Collier County Industrial Development Authority                                  | Collier County Industrial Development Authority                                           | CUSIP: 194641BA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    950000 | PA      | $965335.47    | 0.10%             | 2044-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | Illinois Finance Authority                                                                | CUSIP: 45204FPT6<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   6700000 | PA      | $5706831.53   | 0.60%             | 2037-10-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Fairburn GA Combined Public Utility Revenue                              | City of Fairburn Combined Public Utility Revenue                                          | CUSIP: 303643BM1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    745000 | PA      | $803851.95    | 0.09%             | 2038-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| St Clair County Community Unit School District No 187 Cahokia                    | St. Clair County Community Unit School District No. 187 Cahokia                           | CUSIP: 788550MP3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1070000 | PA      | $1069761.50   | 0.11%             | 2049-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | Public Finance Authority                                                                  | CUSIP: 74442EDG2<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    400000 | PA      | $401686.56    | 0.04%             | 2038-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Hopkins Independent School District No 270/MN                                    | Hopkins Independent School District No. 270                                               | CUSIP: 439881NB5<br>LEI: 5493008IBV0MJ885RP85 | Long             | DBT              | MUN               | US        |   1720000 | PA      | $1636419.01   | 0.17%             | 2033-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| County of Clark NV                                                               | County of Clark                                                                           | CUSIP: 181000QA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    275000 | PA      | $283564.93    | 0.03%             | 2034-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Finance Authority of Maine                                                       | Finance Authority of Maine                                                                | CUSIP: 56042TEM6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $501477.75    | 0.05%             | 2035-12-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                         | Massachusetts Development Finance Agency                                                  | CUSIP: 57584Y5B1<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |     85000 | PA      | $73278.21     | 0.01%             | 2044-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Midlothian Municipal Management District No 2                                    | Midlothian Municipal Management District No. 2                                            | CUSIP: 59785UAL4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    840000 | PA      | $832557.52    | 0.09%             | 2036-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| County of Miami-Dade FL                                                          | County of Miami-Dade                                                                      | CUSIP: 59333HCD6<br>LEI: 549300QG0NBD9HULR263 | Long             | DBT              | MUN               | US        |    315000 | PA      | $357511.99    | 0.04%             | 2034-10-01      | Floating      | 6.88%                 | No            |                  2 | On Loan: No      |
| Island County Fire Protection District No 1                                      | Island County Fire Protection District No. 1                                              | CUSIP: 464454BW6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    585000 | PA      | $585303.62    | 0.06%             | 2027-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                              | Wisconsin Health & Educational Facilities Authority                                       | CUSIP: 97712DQR0<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   8075000 | PA      | $7305947.50   | 0.77%             | 2039-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| El Paso County School District No 20 Academy                                     | El Paso County School District No. 20 Academy                                             | CUSIP: 283461P39<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1045000 | PA      | $1082308.07   | 0.11%             | 2049-12-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | Public Finance Authority                                                                  | CUSIP: 74439YCB5<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    340000 | PA      | $348534.65    | 0.04%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | Indiana Finance Authority                                                                 | CUSIP: 45505VAE6<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2347830.75   | 0.25%             | 2030-11-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Alabama State University                                                         | Alabama State University                                                                  | CUSIP: 010632PX9<br>LEI: 549300JCR3DWTI08FS98 | Long             | DBT              | MUN               | US        |    785000 | PA      | $797072.67    | 0.08%             | 2039-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida State Board of Governors University of North Florida Dormitory Revenue   | Florida State Board of Governors University of North Florida Dormitory Revenue            | CUSIP: 34157XAR8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    310000 | PA      | $321761.03    | 0.03%             | 2040-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Transport Metropolitan District No 3                                             | Transport Metropolitan District No. 3                                                     | CUSIP: 89386FAD5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $770644.30    | 0.08%             | 2051-12-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| City of Temple TX                                                                | City of Temple                                                                            | CUSIP: 880157CZ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    545000 | PA      | $596874.35    | 0.06%             | 2031-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Jersey Transportation Authority                                            | South Jersey Transportation Authority                                                     | CUSIP: 838536NA4<br>LEI: 549300W8SZI2CAOKT956 | Long             | DBT              | MUN               | US        |    130000 | PA      | $133501.86    | 0.01%             | 2026-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| School District of Philadelphia/The                                              | School District of Philadelphia                                                           | CUSIP: 717883WC2<br>LEI: 254900HSKDHZKBZCUL90 | Long             | DBT              | MUN               | US        |    795000 | PA      | $782837.22    | 0.08%             | 2036-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Grand Forks ND                                                           | City of Grand Forks                                                                       | CUSIP: 3854435W2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    435000 | PA      | $402445.38    | 0.04%             | 2034-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                         | Massachusetts Development Finance Agency                                                  | CUSIP: 57584Y4P1<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   1020000 | PA      | $1051202.51   | 0.11%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Mississippi Development Bank                                                     | Mississippi Development Bank                                                              | CUSIP: 60534XC79<br>LEI: 549300122LOI8CB50V38 | Long             | DBT              | MUN               | US        |   1230000 | PA      | $1254474.66   | 0.13%             | 2041-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Cumberland County Municipal Authority                                            | Cumberland County Municipal Authority                                                     | CUSIP: 230614PK9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    540000 | PA      | $549984.87    | 0.06%             | 2029-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Water Reclamation District of Greater Chicago                       | Metropolitan Water Reclamation District of Greater Chicago                                | CUSIP: 167560SX0<br>LEI: 254900GOGQEZEWCZ4D37 | Long             | DBT              | MUN               | US        |    165000 | PA      | $169704.93    | 0.02%             | 2028-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Carolina Medical Care Commission                                           | North Carolina Medical Care Commission                                                    | CUSIP: 65820YSF4<br>LEI: 549300FH6KOXGCHQYG81 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1247791.38   | 0.13%             | 2025-09-01      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| State Public School Building Authority                                           | State Public School Building Authority                                                    | CUSIP: 85732NDF9<br>LEI: 5493006JN0UR7OGWTO86 | Long             | DBT              | MUN               | US        |   2190000 | PA      | $2127945.91   | 0.23%             | 2043-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Island Trees Union Free School District                                          | Island Trees Union Free School District                                                   | CUSIP: 464568HT4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1545000 | PA      | $1353894.78   | 0.14%             | 2032-05-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Utah Charter School Finance Authority                                            | Utah Charter School Finance Authority                                                     | CUSIP: 91754T2B8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1160000 | PA      | $1047632.66   | 0.11%             | 2040-04-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Chillicothe OH                                                           | City of Chillicothe                                                                       | CUSIP: 169203AJ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    110000 | PA      | $95982.76     | 0.01%             | 2042-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Brookfield Water Control & Improvement District                                  | Brookfield Water Control & Improvement District                                           | CUSIP: 112898CW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1075000 | PA      | $904648.30    | 0.10%             | 2045-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Maryland Health & Higher Educational Facilities Authority                        | Maryland Health & Higher Educational Facilities Authority                                 | CUSIP: 57421CJW5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    945000 | PA      | $963756.93    | 0.10%             | 2043-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | Illinois Finance Authority                                                                | CUSIP: 452031AM9<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    345000 | PA      | $355789.43    | 0.04%             | 2034-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southeast Energy Authority A Cooperative District                                | Southeast Energy Authority A Cooperative District                                         | CUSIP: 84136FAV9<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |   5050000 | PA      | $5020156.02   | 0.53%             | 2051-12-01      | Floating      | 4.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia Income Tax Revenue                                          | District of Columbia Income Tax Revenue                                                   | CUSIP: 25477GWB7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2048274.40   | 0.22%             | 2048-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Brunswick City School District                                                   | Brunswick City School District                                                            | CUSIP: 117349SG6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3470000 | PA      | $3562970.67   | 0.38%             | 2060-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | Illinois Finance Authority                                                                | CUSIP: 45203H7X4<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    750000 | PA      | $754877.55    | 0.08%             | 2036-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Colorado Educational & Cultural Facilities Authority                             | Colorado Educational & Cultural Facilities Authority                                      | CUSIP: 19645DDG4<br>LEI: 549300BJRX2FHSSZP042 | Long             | DBT              | MUN               | US        |   1745000 | PA      | $1704706.90   | 0.18%             | 2035-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Virginia Housing Development Authority                                           | Virginia Housing Development Authority                                                    | CUSIP: 92812WRU0<br>LEI: 549300LW3QBOVLQBP895 | Long             | DBT              | MUN               | US        |    775000 | PA      | $771961.69    | 0.08%             | 2028-10-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| City of Arlington TX Special Tax Revenue                                         | City of Arlington Special Tax Revenue                                                     | CUSIP: 04184RBA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $150129.05    | 0.02%             | 2028-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | New York State Dormitory Authority                                                        | CUSIP: 65000BYU6<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   9695000 | PA      | $10218627.92  | 1.08%             | 2037-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Delano Union School District                                                     | Delano Union School District                                                              | CUSIP: 245631PC4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    260000 | PA      | $112496.25    | 0.01%             | 2041-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Toms River Board of Education                                                    | Toms River Board of Education                                                             | CUSIP: 890125YM3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    470000 | PA      | $373850.36    | 0.04%             | 2037-07-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                         | Massachusetts Development Finance Agency                                                  | CUSIP: 57584YRF8<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |    250000 | PA      | $251527.00    | 0.03%             | 2039-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Allegheny County Hospital Development Authority                                  | Allegheny County Hospital Development Authority                                           | CUSIP: 01728A5X0<br>LEI: 54930046B973R604OG22 | Long             | DBT              | MUN               | US        |   2325000 | PA      | $2210423.54   | 0.23%             | 2038-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Jacksonville Public Educational Building Authority                               | Jacksonville Public Educational Building Authority                                        | CUSIP: 469480AV9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $702412.62    | 0.07%             | 2058-08-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Shelby County Health Educational & Housing Facilities Board                      | Shelby County Health Educational & Housing Facilities Board                               | CUSIP: 821697Y94<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1040000 | PA      | $1125354.67   | 0.12%             | 2032-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Sunfield Municipal Utility District No 3                                         | Sunfield Municipal Utility District No. 3                                                 | CUSIP: 867342HP5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    510000 | PA      | $461872.93    | 0.05%             | 2034-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| New Mexico Finance Authority                                                     | New Mexico Finance Authority                                                              | CUSIP: 64711PSS0<br>LEI: 549300L6217Y7X40SP94 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1303914.75   | 0.14%             | 2042-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan Strategic Fund                                                          | Michigan Strategic Fund                                                                   | CUSIP: 594698RD6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2150000 | PA      | $1879556.88   | 0.20%             | 2049-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida Municipal Loan Council                                                   | Florida Municipal Loan Council                                                            | CUSIP: 34282CLC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1280000 | PA      | $1297934.85   | 0.14%             | 2029-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lancaster Financing Authority                                                    | Lancaster Financing Authority                                                             | CUSIP: 51378QBN8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6940000 | PA      | $7046574.80   | 0.75%             | 2054-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas Inc                                                      | Main Street Natural Gas, Inc.                                                             | CUSIP: 56035DFC1<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2638610.00   | 0.28%             | 2053-07-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Fort Stockton Independent School District                                        | Fort Stockton Independent School District                                                 | CUSIP: 348856NY7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    605000 | PA      | $605224.76    | 0.06%             | 2038-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Public Finance Authority                                              | California Public Finance Authority                                                       | CUSIP: 13057EJT2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1865000 | PA      | $2086598.93   | 0.22%             | 2034-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Delaware State Economic Development Authority                                    | Delaware State Economic Development Authority                                             | CUSIP: 246371AD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2398646.00   | 0.25%             | 2053-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Municipal Finance Agency                                             | Puerto Rico Municipal Finance Agency                                                      | CUSIP: 745277PD9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    475000 | PA      | $476292.29    | 0.05%             | 2027-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| STC Metropolitan District No 2                                                   | STC Metropolitan District No. 2                                                           | CUSIP: 85780TAQ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1610000 | PA      | $1742289.51   | 0.18%             | 2030-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Educational Facilities Authority                                      | New Jersey Educational Facilities Authority                                               | CUSIP: 646066LX6<br>LEI: 549300UTOO4X537XXG70 | Long             | DBT              | MUN               | US        |   1165000 | PA      | $1165896.70   | 0.12%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Liberty Hill Independent School District                                         | Liberty Hill Independent School District                                                  | CUSIP: 530574PD8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1650000 | PA      | $1463868.29   | 0.16%             | 2036-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Gunnison County Housing Authority                                                | Gunnison County Housing Authority                                                         | CUSIP: 402884AE0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    595000 | PA      | $646154.71    | 0.07%             | 2031-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | Public Finance Authority                                                                  | CUSIP: 74446FAD5<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    500000 | PA      | $483047.45    | 0.05%             | 2039-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Westfield-Washington Multi-School Building Corp                                  | Westfield-Washington Multi-School Building Corp.                                          | CUSIP: 96023PPF6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1675000 | PA      | $1773092.19   | 0.19%             | 2041-07-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Northglenn Urban Renewal Authority                                               | Northglenn Urban Renewal Authority                                                        | CUSIP: 66644KAP3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    145000 | PA      | $148615.53    | 0.02%             | 2029-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Parkdale Community Authority                                                     | Parkdale Community Authority                                                              | CUSIP: 700890AU0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1705000 | PA      | $1739671.18   | 0.18%             | 2045-12-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| County of Orange FL Water Utility System Revenue                                 | County of Orange Water Utility System Revenue                                             | CUSIP: 684554ES3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $465703.25    | 0.05%             | 2034-10-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Gananda Central School District                                                  | Gananda Central School District                                                           | CUSIP: 364704PJ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    175000 | PA      | $168267.70    | 0.02%             | 2031-06-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Regional Transportation Authority                                                | Regional Transportation Authority                                                         | CUSIP: 759911XW5<br>LEI: 549300FOIPI62F5YFO59 | Long             | DBT              | MUN               | US        |    365000 | PA      | $414160.97    | 0.04%             | 2033-07-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                              | Wisconsin Health & Educational Facilities Authority                                       | CUSIP: 97712DQT6<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |    800000 | PA      | $793812.64    | 0.08%             | 2034-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Viridian Municipal Management District                                           | Viridian Municipal Management District                                                    | CUSIP: 92823PSK3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    255000 | PA      | $286332.33    | 0.03%             | 2029-12-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                        | New Jersey Economic Development Authority                                                 | CUSIP: 64578JAZ9<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1037526.90   | 0.11%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Neu Town Metropolitan District                                                   | Neu Town Metropolitan District                                                            | CUSIP: 64126UAS7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    225000 | PA      | $226788.17    | 0.02%             | 2043-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Auburn NY                                                                | City of Auburn                                                                            | CUSIP: 050537F46<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    545000 | PA      | $564544.90    | 0.06%             | 2035-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Lake Forest IL                                                           | City of Lake Forest                                                                       | CUSIP: 509696WJ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3275000 | PA      | $3106226.15   | 0.33%             | 2029-12-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| San Antonio Water System                                                         | San Antonio Water System                                                                  | CUSIP: 79642GNB4<br>LEI: 549300S7VENCVRZAA322 | Long             | DBT              | MUN               | US        |    125000 | PA      | $121245.33    | 0.01%             | 2043-05-01      | Floating      | 1.00%                 | No            |                  2 | On Loan: No      |
| City of Seguin TX                                                                | City of Seguin                                                                            | CUSIP: 815832D23<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4950000 | PA      | $5207087.66   | 0.55%             | 2049-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Harris County-Houston Sports Authority                                           | Harris County-Houston Sports Authority                                                    | CUSIP: 413893CM8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3220000 | PA      | $1339251.13   | 0.14%             | 2040-11-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Maine Municipal Bond Bank                                                        | Maine Municipal Bond Bank                                                                 | CUSIP: 56045R2D0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1010000 | PA      | $922455.73    | 0.10%             | 2035-11-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| City of New Haven CT                                                             | City of New Haven                                                                         | CUSIP: 6450207F9<br>LEI: 549300U4OHEAZ124LQ06 | Long             | DBT              | MUN               | US        |     40000 | PA      | $40032.68     | 0.00%             | 2025-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Banquete Independent School District                                             | Banquete Independent School District                                                      | CUSIP: 066779GK9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    850000 | PA      | $876349.66    | 0.09%             | 2043-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chesapeake Redevelopment & Housing Authority                                     | Chesapeake Redevelopment & Housing Authority                                              | CUSIP: 165328BD6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1785000 | PA      | $1763452.91   | 0.19%             | 2040-10-01      | Floating      | 4.50%                 | No            |                  2 | On Loan: No      |
| City of Grand Forks ND                                                           | City of Grand Forks                                                                       | CUSIP: 38546WEM8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    510000 | PA      | $514227.24    | 0.05%             | 2042-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port of Greater Cincinnati Development Authority                                 | Port of Greater Cincinnati Development Authority                                          | CUSIP: 734195EW6<br>LEI: 549300IK2RCZBY62ST97 | Long             | DBT              | MUN               | US        |    105000 | PA      | $105369.13    | 0.01%             | 2043-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Norwood OH                                                               | City of Norwood                                                                           | CUSIP: 669681AC2<br>LEI: 5493000KZUQ48Z2VEE89 | Long             | DBT              | MUN               | US        |    500000 | PA      | $484428.30    | 0.05%             | 2041-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Hospitals & Higher Education Facilities Authority of Philadelphia/The            | Hospitals & Higher Education Facilities Authority of Philadelphia                         | CUSIP: 717825PY3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3210000 | PA      | $3405088.39   | 0.36%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Gunnison County Housing Authority                                                | Gunnison County Housing Authority                                                         | CUSIP: 402884AF7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    625000 | PA      | $680746.00    | 0.07%             | 2032-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Cedar Port Navigation & Improvement District                                     | Cedar Port Navigation & Improvement District                                              | CUSIP: 15051PCL2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $264430.25    | 0.03%             | 2031-03-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Colorado Educational & Cultural Facilities Authority                             | Colorado Educational & Cultural Facilities Authority                                      | CUSIP: 19645UTK0<br>LEI: 549300BJRX2FHSSZP042 | Long             | DBT              | MUN               | US        |   2075000 | PA      | $2080295.61   | 0.22%             | 2049-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority                                     | New York City Transitional Finance Authority                                              | CUSIP: 64972JTH1<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |    305000 | PA      | $320568.94    | 0.03%             | 2051-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Leander Independent School District                                              | Leander Independent School District                                                       | CUSIP: 521841T48<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    495000 | PA      | $450260.37    | 0.05%             | 2028-08-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | Public Finance Authority                                                                  | CUSIP: 74444UAX0<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   4900000 | PA      | $4916869.72   | 0.52%             | 2055-07-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| STC Metropolitan District No 2                                                   | STC Metropolitan District No. 2                                                           | CUSIP: 85780TAP8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $160994.51    | 0.02%             | 2029-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Development Authority of Burke County/The                                        | Development Authority of Burke County                                                     | CUSIP: 121342PQ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  11000000 | PA      | $11000000.00  | 1.17%             | 2052-11-01      | Floating      | 2.80%                 | No            |                  2 | On Loan: No      |
| San Ysidro School District                                                       | San Ysidro School District                                                                | CUSIP: 799561JS5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $40293.60     | 0.00%             | 2031-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Whiteside Bureau & Henry Counties Community Unit School District No 3            | Whiteside Bureau & Henry Counties Community Unit School District No. 3                    | CUSIP: 965667BD9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    310000 | PA      | $342136.71    | 0.04%             | 2032-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Central Texas Turnpike System                                                    | Central Texas Turnpike System                                                             | CUSIP: 88283KCD8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1058960.90   | 0.11%             | 2038-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                         | Massachusetts Development Finance Agency                                                  | CUSIP: 57585BKC1<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |    770000 | PA      | $826231.48    | 0.09%             | 2055-08-15      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Arizona Industrial Development Authority                                         | Arizona Industrial Development Authority                                                  | CUSIP: 04052BQU1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    135000 | PA      | $117992.79    | 0.01%             | 2041-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Washington State Housing Finance Commission                                      | Washington State Housing Finance Commission                                               | CUSIP: 93978LHV1<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |   1875000 | PA      | $1924773.00   | 0.20%             | 2040-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Beaver County Economic Development Authority/The                                 | Beaver County Economic Development Authority                                              | CUSIP: 074862AT0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    130000 | PA      | $126690.84    | 0.01%             | 2036-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| St Paul Port Authority                                                           | St. Paul Port Authority                                                                   | CUSIP: 79308GAZ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1385000 | PA      | $1393576.34   | 0.15%             | 2043-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Industrial Development Agency                                      | New York City Industrial Development Agency                                               | CUSIP: 64971PKC8<br>LEI: 549300XR20ZR5DHL9534 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1016713.60   | 0.11%             | 2032-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Harris County-Houston Sports Authority                                           | Harris County-Houston Sports Authority                                                    | CUSIP: 413890HZ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    755000 | PA      | $762335.20    | 0.08%             | 2044-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida State Board of Governors                                                 | Florida State Board of Governors                                                          | CUSIP: 34157WAK5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1890000 | PA      | $2017778.74   | 0.21%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Enterprise Development Authority                                      | California Enterprise Development Authority                                               | CUSIP: 13067VBT0<br>LEI: 549300544P6FSHU1HB46 | Long             | DBT              | MUN               | US        |   6585000 | PA      | $6938677.06   | 0.74%             | 2059-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Louisiana Public Facilities Authority                                            | Louisiana Public Facilities Authority                                                     | CUSIP: 5463986Y9<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |    300000 | PA      | $100500.00    | 0.01%             | 2022-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Harris TX Toll Road Revenue                                            | County of Harris Toll Road Revenue                                                        | CUSIP: 41423PAZ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1054602.00   | 0.11%             | 2037-08-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| City of Chicago IL                                                               | City of Chicago                                                                           | CUSIP: 167486W54<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |   2925000 | PA      | $3161695.39   | 0.34%             | 2043-01-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| General Authority of Southcentral Pennsylvania                                   | General Authority of Southcentral Pennsylvania                                            | CUSIP: 84129NKK4<br>LEI: 549300QBNU5LBV4QX812 | Long             | DBT              | MUN               | US        |   1170000 | PA      | $1169925.82   | 0.12%             | 2030-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Clifton Higher Education Finance Corp                                            | Clifton Higher Education Finance Corp.                                                    | CUSIP: 187145UW5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1150000 | PA      | $1209446.26   | 0.13%             | 2028-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Northern Illinois University                                                     | Northern Illinois University                                                              | CUSIP: 665238DA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3015000 | PA      | $3070424.14   | 0.33%             | 2049-04-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Washington State Housing Finance Commission                                      | Washington State Housing Finance Commission                                               | CUSIP: 93978LJA5<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |    360000 | PA      | $389442.74    | 0.04%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Snohomish County Housing Authority                                               | Snohomish County Housing Authority                                                        | CUSIP: 83309AGJ4<br>LEI: 549300FESB68D2IR7250 | Long             | DBT              | MUN               | US        |   1660000 | PA      | $1662784.15   | 0.18%             | 2033-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Toledo-Lucas County Port Authority                                               | Toledo-Lucas County Port Authority                                                        | CUSIP: 889251JK1<br>LEI: 549300H1LURZO4MT2Q75 | Long             | DBT              | MUN               | US        |   1440000 | PA      | $1478796.19   | 0.16%             | 2039-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Brevard County Housing Finance Authority                                         | Brevard County Housing Finance Authority                                                  | CUSIP: 106904FX8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    697902 | PA      | $686031.03    | 0.07%             | 2040-01-01      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| Chesapeake Economic Development Authority                                        | Chesapeake Economic Development Authority                                                 | CUSIP: 16532YAD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    810000 | PA      | $821957.14    | 0.09%             | 2032-02-01      | Floating      | 3.65%                 | No            |                  2 | On Loan: No      |
| Bedford City School District                                                     | Bedford City School District                                                              | CUSIP: 076365LH6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1133654.00   | 0.12%             | 2032-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Fort Bend County Municipal Utility District No 176                               | Fort Bend County Municipal Utility District No. 176                                       | CUSIP: 34682KEX3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    275000 | PA      | $314397.52    | 0.03%             | 2031-09-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Texas Public Finance Authority                                                   | Texas Public Finance Authority                                                            | CUSIP: 88277PAW5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1625000 | PA      | $1743685.94   | 0.18%             | 2035-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| St Charles County Industrial Development Authority                               | St. Charles County Industrial Development Authority                                       | CUSIP: 78764HBC7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2180000 | PA      | $2114614.61   | 0.22%             | 2043-04-01      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| Johnson & Miami Counties Unified School District No 230 Spring Hills             | Johnson & Miami Counties Unified School District No. 230 Spring Hills                     | CUSIP: 478164LB0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    990000 | PA      | $1087610.34   | 0.12%             | 2045-09-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Delaware State Economic Development Authority                                    | Delaware State Economic Development Authority                                             | CUSIP: 246387RR7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    930000 | PA      | $935592.37    | 0.10%             | 2036-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Greenwood Lake Joint Fire District                                               | Greenwood Lake Joint Fire District                                                        | CUSIP: 397228AP2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    185000 | PA      | $178407.38    | 0.02%             | 2031-06-01      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| Palisade Park North Metropolitan District No 2                                   | Palisade Park North Metropolitan District No. 2                                           | CUSIP: 69640MAD4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    180000 | PA      | $180544.19    | 0.02%             | 2044-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                          | Los Angeles Department of Water & Power                                                   | CUSIP: 544532NK6<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |    705000 | PA      | $716911.12    | 0.08%             | 2054-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Sheldon Community School District School Infrastructure Sales Services & Use Tax | Sheldon Community School District School Infrastructure Sales Services & Use Tax          | CUSIP: 822466AM0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    760000 | PA      | $781329.10    | 0.08%             | 2037-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Travis County Municipal Utility District No 22                                   | Travis County Municipal Utility District No. 22                                           | CUSIP: 89440MGK2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    420000 | PA      | $423113.46    | 0.04%             | 2035-09-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Township of Weehawken NJ                                                         | Township of Weehawken                                                                     | CUSIP: 948560UM7<br>LEI: 549300NEPL206Q5RBR93 | Long             | DBT              | MUN               | US        |   1285000 | PA      | $1323153.19   | 0.14%             | 2027-07-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Utah Charter School Finance Authority                                            | Utah Charter School Finance Authority                                                     | CUSIP: 91754TPR8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1275000 | PA      | $1130247.08   | 0.12%             | 2034-10-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Maricopa County & Phoenix Industrial Development Authorities                     | Maricopa County & Phoenix Industrial Development Authorities                              | CUSIP: 566736FK5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    510000 | PA      | $479912.60    | 0.05%             | 2044-09-01      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | Indiana Finance Authority                                                                 | CUSIP: 45505VAD8<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   3620000 | PA      | $3522093.12   | 0.37%             | 2030-11-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| St Clair County School District No 118 Belleville                                | St. Clair County School District No. 118 Belleville                                       | CUSIP: 788448JZ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1606672.20   | 0.17%             | 2039-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Bucks County Industrial Development Authority                                    | Bucks County Industrial Development Authority                                             | CUSIP: 118612MU1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    825000 | PA      | $836862.18    | 0.09%             | 2033-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Colorado Springs School District No 11 Facilities Corp                           | Colorado Springs School District No. 11 Facilities Corp.                                  | CUSIP: 19662UBH4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    480000 | PA      | $487062.91    | 0.05%             | 2044-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Northern Illinois University                                                     | Northern Illinois University                                                              | CUSIP: 665245YT7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    535000 | PA      | $475496.44    | 0.05%             | 2041-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Bromley Park Metropolitan District No 3                                          | Bromley Park Metropolitan District No. 3                                                  | CUSIP: 11222PAL7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1475000 | PA      | $1520772.64   | 0.16%             | 2039-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Bensalem Township School District                                                | Bensalem Township School District                                                         | CUSIP: 082383QA1<br>LEI: 549300KTYVX5XN8CLY91 | Long             | DBT              | MUN               | US        |    910000 | PA      | $911757.39    | 0.10%             | 2028-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Butler OH                                                              | County of Butler                                                                          | CUSIP: 123550HZ1<br>LEI: 54930064OLVQO8IVR655 | Long             | DBT              | MUN               | US        |    400000 | PA      | $342117.40    | 0.04%             | 2038-11-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| King & Snohomish Counties School District No 417 Northshore                      | King & Snohomish Counties School District No. 417 Northshore                              | CUSIP: 494656Z79<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1160000 | PA      | $1219756.12   | 0.13%             | 2041-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Clark Pleasant Middle School Corp                                                | Clark Pleasant Middle School Corp.                                                        | CUSIP: 181507FZ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1130000 | PA      | $1029522.77   | 0.11%             | 2034-07-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Michigan State Building Authority                                                | Michigan State Building Authority                                                         | CUSIP: 594615BN5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    955000 | PA      | $959490.41    | 0.10%             | 2034-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| St Clair County Community Unit School District No 187 Cahokia                    | St. Clair County Community Unit School District No. 187 Cahokia                           | CUSIP: 788550NA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    425000 | PA      | $427367.80    | 0.05%             | 2044-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Travis County Municipal Utility District No 22                                   | Travis County Municipal Utility District No. 22                                           | CUSIP: 89440MGF3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    370000 | PA      | $435353.25    | 0.05%             | 2031-09-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                           | California Municipal Finance Authority                                                    | CUSIP: 13048VKY3<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1872093.80   | 0.20%             | 2038-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of New Richmond WI Water & Sewer Utility Revenue                            | City of New Richmond Water & Sewer Utility Revenue                                        | CUSIP: 648443DS5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $98847.27     | 0.01%             | 2026-05-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Knox County Health Educational & Housing Facility Board                          | Knox County Health Educational & Housing Facility Board                                   | CUSIP: 499526AT8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5810000 | PA      | $5897776.90   | 0.62%             | 2059-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs-Economic Development Authority                               | South Carolina Jobs-Economic Development Authority                                        | CUSIP: 837033KQ1<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |    865000 | PA      | $866010.06    | 0.09%             | 2026-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| School District of Philadelphia/The                                              | School District of Philadelphia                                                           | CUSIP: 717883TJ1<br>LEI: 254900HSKDHZKBZCUL90 | Long             | DBT              | MUN               | US        |   1305000 | PA      | $1326473.12   | 0.14%             | 2033-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Village of Depew NY                                                              | Village of Depew                                                                          | CUSIP: 249523GY1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $100006.86    | 0.01%             | 2028-05-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| County of Santa Fe NM                                                            | County of Santa Fe                                                                        | CUSIP: 80189NAD6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2200000 | PA      | $2206102.14   | 0.23%             | 2049-12-10      | Floating      | 3.29%                 | No            |                  2 | On Loan: No      |
| Buffalo & Erie County Industrial Land Development Corp                           | Buffalo & Erie County Industrial Land Development Corp.                                   | CUSIP: 11943KDB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1260000 | PA      | $1247029.69   | 0.13%             | 2037-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lakes at Centerra Metropolitan District No 2                                     | Lakes at Centerra Metropolitan District No. 2                                             | CUSIP: 51207GAY4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    975000 | PA      | $854914.22    | 0.09%             | 2043-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Waller County Municipal Utility District No 9B                                   | Waller County Municipal Utility District No. 9B                                           | CUSIP: 932449FA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    105000 | PA      | $89887.79     | 0.01%             | 2046-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                         | Massachusetts Development Finance Agency                                                  | CUSIP: 57584XWK3<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   1455000 | PA      | $1472726.12   | 0.16%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                           | California Municipal Finance Authority                                                    | CUSIP: 130489AC1<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    780000 | PA      | $740144.81    | 0.08%             | 2044-06-01      | Fixed         | 4.48%                 | No            |                  2 | On Loan: No      |
| Tillamook & Yamhill Counties School District No 101 Nestucca Valley              | Tillamook & Yamhill Counties School District No. 101 Nestucca Valley                      | CUSIP: 886791CP5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1031862.30   | 0.11%             | 2037-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Alabama State University                                                         | Alabama State University                                                                  | CUSIP: 010632QP5<br>LEI: 549300JCR3DWTI08FS98 | Long             | DBT              | MUN               | US        |   1630000 | PA      | $1714696.27   | 0.18%             | 2050-09-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Tulsa Metropolitan Utility Authority                                             | Tulsa Metropolitan Utility Authority                                                      | CUSIP: 899656VN9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1385000 | PA      | $1383577.19   | 0.15%             | 2037-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Margaretta Local School District                                                 | Margaretta Local School District                                                          | CUSIP: 566575AN6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $748880.72    | 0.08%             | 2038-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| North Kern/Cawelo Financing Authority                                            | North Kern/Cawelo Financing Authority                                                     | CUSIP: 660313DT1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    365000 | PA      | $367833.82    | 0.04%             | 2044-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Village of Adams NY                                                              | Village of Adams                                                                          | CUSIP: 006455BB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    130000 | PA      | $127010.95    | 0.01%             | 2031-03-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| City of Shreveport LA Water & Sewer Revenue                                      | City of Shreveport Water & Sewer Revenue                                                  | CUSIP: 825485WH4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $313613.79    | 0.03%             | 2027-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Newtown Township Sewer Authority                                                 | Newtown Township Sewer Authority                                                          | CUSIP: 65331PAM9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $100208.27    | 0.01%             | 2032-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | New York State Dormitory Authority                                                        | CUSIP: 65000BW38<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   7405000 | PA      | $7792427.38   | 0.83%             | 2054-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Audubon Municipal Utility District No 1                                          | Audubon Municipal Utility District No. 1                                                  | CUSIP: 050888BL9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    330000 | PA      | $330627.33    | 0.04%             | 2033-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Grand Forks ND                                                           | City of Grand Forks                                                                       | CUSIP: 38546WDD9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    125000 | PA      | $130907.55    | 0.01%             | 2032-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Social Circle GA Combined Public Utility Revenue                         | City of Social Circle Combined Public Utility Revenue                                     | CUSIP: 833615AY3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    840000 | PA      | $934906.90    | 0.10%             | 2034-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Washington Airports Authority Dulles Toll Road Revenue              | Metropolitan Washington Airports Authority Dulles Toll Road Revenue                       | CUSIP: 592643BC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    495000 | PA      | $346063.56    | 0.04%             | 2034-10-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                             | Colorado Health Facilities Authority                                                      | CUSIP: 19648FWR1<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   2150000 | PA      | $2186311.35   | 0.23%             | 2041-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Shaker Heights City School District                                              | Shaker Heights City School District                                                       | CUSIP: 819076AR1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    135000 | PA      | $136572.47    | 0.01%             | 2043-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fort Bend County Municipal Utility District No 222                               | Fort Bend County Municipal Utility District No. 222                                       | CUSIP: 34686UDC4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    320000 | PA      | $354026.11    | 0.04%             | 2029-07-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Texas Municipal Gas Acquisition & Supply Corp V                                  | Texas Municipal Gas Acquisition & Supply Corp. V                                          | CUSIP: 88256RAK2<br>LEI: 254900XZ4J30QIJO9G03 | Long             | DBT              | MUN               | US        |   1900000 | PA      | $1999654.81   | 0.21%             | 2055-01-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Connecticut State Health & Educational Facilities Authority                      | Connecticut State Health & Educational Facilities Authority                               | CUSIP: 20775DPK2<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |    710000 | PA      | $663295.85    | 0.07%             | 2039-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Delano Union School District                                                     | Delano Union School District                                                              | CUSIP: 245631PB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $232233.75    | 0.02%             | 2040-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | New York State Dormitory Authority                                                        | CUSIP: 64985SHY2<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |    460000 | PA      | $481721.80    | 0.05%             | 2041-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Greater Jasper School Building Corp/IN                                           | Greater Jasper School Building Corp.                                                      | CUSIP: 391882JN8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1045000 | PA      | $1087074.73   | 0.12%             | 2041-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Transportation Commission                                                  | Texas Transportation Commission                                                           | CUSIP: 882830BJ0<br>LEI: 5493006JSGNPGVJS7691 | Long             | DBT              | MUN               | US        |    125000 | PA      | $122365.80    | 0.01%             | 2041-10-01      | Floating      | 0.65%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | New Hampshire Business Finance Authority                                                  | CUSIP: 63610FBH8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    325000 | PA      | $338496.28    | 0.04%             | 2041-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Cleveland-Cuyahoga County Port Authority                                         | Cleveland-Cuyahoga County Port Authority                                                  | CUSIP: 186103MA2<br>LEI: 549300KI3FXFLUKF3A98 | Long             | DBT              | MUN               | US        |    895000 | PA      | $859601.41    | 0.09%             | 2054-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Audubon Municipal Utility District No 1                                          | Audubon Municipal Utility District No. 1                                                  | CUSIP: 050888BM7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $348122.22    | 0.04%             | 2034-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Temple TX                                                                | City of Temple                                                                            | CUSIP: 880157DA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    870000 | PA      | $957035.84    | 0.10%             | 2032-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority                                     | New York City Transitional Finance Authority                                              | CUSIP: 64972JNR5<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |    300000 | PA      | $314405.28    | 0.03%             | 2052-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs-Economic Development Authority                               | South Carolina Jobs-Economic Development Authority                                        | CUSIP: 837032CD1<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |   2450000 | PA      | $2524556.93   | 0.27%             | 2050-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                          | Los Angeles Department of Water & Power                                                   | CUSIP: 544532PH1<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |    515000 | PA      | $561938.65    | 0.06%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | Puerto Rico Electric Power Authority                                                      | CUSIP: 74526QEW8<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |   2100000 | PA      | $2084664.96   | 0.22%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Oregon Housing & Community Services Department                          | State of Oregon Housing & Community Services Department                                   | CUSIP: 68608ENJ7<br>LEI: 549300N3PYWYJ0Z8N757 | Long             | DBT              | MUN               | US        |    860000 | PA      | $793251.70    | 0.08%             | 2043-11-01      | Fixed         | 4.33%                 | No            |                  2 | On Loan: No      |
| North Kern/Cawelo Financing Authority                                            | North Kern/Cawelo Financing Authority                                                     | CUSIP: 660313DS3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    455000 | PA      | $460932.79    | 0.05%             | 2043-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southfield Public Schools                                                        | Southfield Public Schools                                                                 | CUSIP: 844215SK0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    375000 | PA      | $391007.74    | 0.04%             | 2042-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fort Stockton Independent School District                                        | Fort Stockton Independent School District                                                 | CUSIP: 348856NV3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    525000 | PA      | $525424.73    | 0.06%             | 2035-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wilmer Municipal Utility District No 1                                           | Wilmer Municipal Utility District No. 1                                                   | CUSIP: 971436AH3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    130000 | PA      | $150869.77    | 0.02%             | 2034-09-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| North Kern/Cawelo Financing Authority                                            | North Kern/Cawelo Financing Authority                                                     | CUSIP: 660313DQ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    410000 | PA      | $423496.67    | 0.04%             | 2041-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                           | California Municipal Finance Authority                                                    | CUSIP: 13048VX78<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   2745000 | PA      | $2802851.15   | 0.30%             | 2054-09-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Health & Educational Facilities Authority of the State of Missouri               | Health & Educational Facilities Authority of the State of Missouri                        | CUSIP: 60637AVY5<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |    260000 | PA      | $289209.02    | 0.03%             | 2033-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Knox County Health Educational & Housing Facility Board                          | Knox County Health Educational & Housing Facility Board                                   | CUSIP: 499526AN1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1020000 | PA      | $1032353.12   | 0.11%             | 2042-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Clifton Higher Education Finance Corp                                            | Clifton Higher Education Finance Corp.                                                    | CUSIP: 187145UK1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1605000 | PA      | $1438844.94   | 0.15%             | 2035-08-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Mississippi Development Bank                                                     | Mississippi Development Bank                                                              | CUSIP: 60534XC46<br>LEI: 549300122LOI8CB50V38 | Long             | DBT              | MUN               | US        |   1015000 | PA      | $1062279.82   | 0.11%             | 2038-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                       | Chicago Board of Education                                                                | CUSIP: 167505UD6<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |    200000 | PA      | $210272.16    | 0.02%             | 2028-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington State Housing Finance Commission                                      | Washington State Housing Finance Commission                                               | CUSIP: 93978LHW9<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |   2815000 | PA      | $2775966.37   | 0.29%             | 2045-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wilmer Municipal Utility District No 1                                           | Wilmer Municipal Utility District No. 1                                                   | CUSIP: 971436AG5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     95000 | PA      | $111471.41    | 0.01%             | 2033-09-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Harris Center for Mental Health & Intellectual Developmental Disabilities        | Harris Center for Mental Health & Intellectual Developmental Disabilities                 | CUSIP: 41453DAN7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    760000 | PA      | $646489.67    | 0.07%             | 2050-11-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Eastern Michigan University                                                      | Eastern Michigan University                                                               | CUSIP: 276731C79<br>LEI: 549300K3C21R17LKDU63 | Long             | DBT              | MUN               | US        |   2310000 | PA      | $2034246.29   | 0.22%             | 2044-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | New York State Dormitory Authority                                                        | CUSIP: 65000B7Y8<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   5185000 | PA      | $5310062.72   | 0.56%             | 2054-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Chester County Industrial Development Authority                                  | Chester County Industrial Development Authority                                           | CUSIP: 16559PBN4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3970000 | PA      | $4099116.71   | 0.43%             | 2039-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Brookings School District No 005-1                                               | Brookings School District No. 005-1                                                       | CUSIP: 113664LU8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    545000 | PA      | $579563.63    | 0.06%             | 2043-06-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| City of Auburn NY                                                                | City of Auburn                                                                            | CUSIP: 050537F79<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    315000 | PA      | $314875.17    | 0.03%             | 2038-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Maine State Housing Authority                                                    | Maine State Housing Authority                                                             | CUSIP: 56052FT54<br>LEI: 549300SO05LH6D240016 | Long             | DBT              | MUN               | US        |   3430000 | PA      | $3162127.63   | 0.34%             | 2045-11-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | New York State Dormitory Authority                                                        | CUSIP: 64985SHT3<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   1190000 | PA      | $1275741.17   | 0.14%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Gananda Central School District                                                  | Gananda Central School District                                                           | CUSIP: 364704PH3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    120000 | PA      | $116598.97    | 0.01%             | 2030-06-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Denton Independent School District                                               | Denton Independent School District                                                        | CUSIP: 249002NL6<br>LEI: 5493005I9W678SUI0Z07 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2580199.25   | 0.27%             | 2055-08-15      | Floating      | 4.00%                 | No            |                  2 | On Loan: No      |
| Riverdale Ranch Metropolitan District                                            | Riverdale Ranch Metropolitan District                                                     | CUSIP: 768701AQ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    375000 | PA      | $383303.70    | 0.04%             | 2045-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New York Counties Tobacco Trust VI                                               | New York Counties Tobacco Trust VI                                                        | CUSIP: 64945JAA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    180000 | PA      | $130542.44    | 0.01%             | 2045-06-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Utah Charter School Finance Authority                                            | Utah Charter School Finance Authority                                                     | CUSIP: 91754TNX7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $250303.93    | 0.03%             | 2035-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Alfred Almond Central School District                                            | Alfred Almond Central School District                                                     | CUSIP: 015446MD6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    205000 | PA      | $213937.43    | 0.02%             | 2034-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Connecticut State Health & Educational Facilities Authority                      | Connecticut State Health & Educational Facilities Authority                               | CUSIP: 20775DLL4<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |   2850000 | PA      | $2383521.98   | 0.25%             | 2032-11-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| North Kern/Cawelo Financing Authority                                            | North Kern/Cawelo Financing Authority                                                     | CUSIP: 660313DR5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    435000 | PA      | $444605.50    | 0.05%             | 2042-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Palos Verdes Peninsula Unified School District                                   | Palos Verdes Peninsula Unified School District                                            | CUSIP: 697634H97<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    735000 | PA      | $745900.64    | 0.08%             | 2038-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Clinton County Capital Resource Corp                                             | Clinton County Capital Resource Corp.                                                     | CUSIP: 187469AG6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $684903.94    | 0.07%             | 2046-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Odessa TX                                                                | City of Odessa                                                                            | CUSIP: 676006SN0<br>LEI: 5493009W8JN2B6ZDRY14 | Long             | DBT              | MUN               | US        |   4665000 | PA      | $4087718.85   | 0.43%             | 2039-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Infirmary Health System Special Care Facilities Financing Authority of Mobile    | Infirmary Health System Special Care Facilities Financing Authority of Mobile             | CUSIP: 45663NCD2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    955000 | PA      | $772527.39    | 0.08%             | 2046-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| United City of Yorkville IL                                                      | United City of Yorkville                                                                  | CUSIP: 987355PH1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $931091.40    | 0.10%             | 2044-12-30      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| State of Oregon Housing & Community Services Department                          | State of Oregon Housing & Community Services Department                                   | CUSIP: 686087E86<br>LEI: 549300N3PYWYJ0Z8N757 | Long             | DBT              | MUN               | US        |   3090000 | PA      | $2654160.75   | 0.28%             | 2034-07-01      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| Canyons Metropolitan District No 5                                               | Canyons Metropolitan District No. 5                                                       | CUSIP: 139071AF1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    565000 | PA      | $578678.09    | 0.06%             | 2026-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lebanon Reorganized School District No R-3                                       | Lebanon Reorganized School District No. R-3                                               | CUSIP: 522714FL3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $535057.85    | 0.06%             | 2045-03-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Mississippi Development Bank                                                     | Mississippi Development Bank                                                              | CUSIP: 60534XQB5<br>LEI: 549300122LOI8CB50V38 | Long             | DBT              | MUN               | US        |    465000 | PA      | $453091.91    | 0.05%             | 2037-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs-Economic Development Authority                               | South Carolina Jobs-Economic Development Authority                                        | CUSIP: 83703FJH6<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |    135000 | PA      | $135370.17    | 0.01%             | 2036-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                         | New York Transportation Development Corp.                                                 | CUSIP: 650116DJ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    105000 | PA      | $112714.39    | 0.01%             | 2029-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | Puerto Rico Electric Power Authority                                                      | CUSIP: 74526QLW0<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |     20000 | PA      | $19748.26     | 0.00%             | 2027-07-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| City of Guin AL                                                                  | City of Guin                                                                              | CUSIP: 402028KE3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $248172.53    | 0.03%             | 2034-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| St Johns County School Board                                                     | St. Johns County School Board                                                             | CUSIP: 790409HV1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    975000 | PA      | $1007136.00   | 0.11%             | 2049-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                             | Colorado Health Facilities Authority                                                      | CUSIP: 19648FJX3<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $948119.60    | 0.10%             | 2037-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Cook County School District No 72 Skokie Fairview                                | Cook County School District No. 72 Skokie Fairview                                        | CUSIP: 213813DG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    675000 | PA      | $606278.25    | 0.06%             | 2034-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| City of Columbus OH                                                              | City of Columbus                                                                          | CUSIP: 199492RB7<br>LEI: 254900NS3ODS0FZ3AM48 | Long             | DBT              | MUN               | US        |    640000 | PA      | $583294.91    | 0.06%             | 2035-08-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Riverview Gardens School District                                                | Riverview Gardens School District                                                         | CUSIP: 769416PQ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    225000 | PA      | $239788.19    | 0.03%             | 2042-04-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Essex County Improvement Authority                                               | Essex County Improvement Authority                                                        | CUSIP: 29680PEF3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    535000 | PA      | $240750.00    | 0.03%             | 2035-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Summit County Development Finance Authority                                      | Summit County Development Finance Authority                                               | CUSIP: 86607CGK9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2885000 | PA      | $2615334.43   | 0.28%             | 2035-11-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| City of Jackson TN                                                               | City of Jackson                                                                           | CUSIP: 46874TGU0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $75048.61     | 0.01%             | 2029-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Caledonia-Mumford Central School District                                        | Caledonia-Mumford Central School District                                                 | CUSIP: 129325FC5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    165000 | PA      | $158298.72    | 0.02%             | 2031-06-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fort Stockton Independent School District                                        | Fort Stockton Independent School District                                                 | CUSIP: 348856NT8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    475000 | PA      | $475524.97    | 0.05%             | 2033-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Hospitals & Higher Education Facilities Authority of Philadelphia/The            | Hospitals & Higher Education Facilities Authority of Philadelphia                         | CUSIP: 717825PZ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2405000 | PA      | $2527320.95   | 0.27%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Hancock County Redevelopment Authority                                           | Hancock County Redevelopment Authority                                                    | CUSIP: 40985AAR3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    675000 | PA      | $733951.53    | 0.08%             | 2036-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Children's Trust Fund                                                            | Children's Trust Fund                                                                     | CUSIP: 16876QBG3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    125000 | PA      | $127108.04    | 0.01%             | 2043-05-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| Harris-Waller Counties Municipal Utility District No 4                           | Harris-Waller Counties Municipal Utility District No. 4                                   | CUSIP: 41464CGP5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1470000 | PA      | $1471309.18   | 0.16%             | 2034-11-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| St Clair County Community Unit School District No 187 Cahokia                    | St. Clair County Community Unit School District No. 187 Cahokia                           | CUSIP: 788550MZ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    265000 | PA      | $267828.72    | 0.03%             | 2043-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Kern/Cawelo Financing Authority                                            | North Kern/Cawelo Financing Authority                                                     | CUSIP: 660313DP9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    635000 | PA      | $662129.11    | 0.07%             | 2040-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arizona Industrial Development Authority                                         | Arizona Industrial Development Authority                                                  | CUSIP: 04052VAS9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3520000 | PA      | $3430110.11   | 0.36%             | 2049-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Mount Diablo Unified School District/CA                                          | Mount Diablo Unified School District                                                      | CUSIP: 621196XD1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4215000 | PA      | $4215000.00   | 0.45%             | 2030-08-01      | Floating      | 5.50%                 | No            |                  2 | On Loan: No      |
| Kansas City Industrial Development Authority                                     | Kansas City Industrial Development Authority                                              | CUSIP: 48502MAB9<br>LEI: 549300QWDXL46XQC8110 | Long             | DBT              | MUN               | US        |    800000 | PA      | $705553.36    | 0.07%             | 2054-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Franklin OH                                                            | County of Franklin                                                                        | CUSIP: 353202FX7<br>LEI: 549300VCBUC1RZE7KL42 | Long             | DBT              | MUN               | US        |    605000 | PA      | $558729.84    | 0.06%             | 2039-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | Public Finance Authority                                                                  | CUSIP: 74446CAA8<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    170000 | PA      | $163158.16    | 0.02%             | 2044-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ohio Housing Finance Agency                                                      | Ohio Housing Finance Agency                                                               | CUSIP: 67756QTS6<br>LEI: 549300K10X7VPG6JVX38 | Long             | DBT              | MUN               | US        |    435000 | PA      | $372776.95    | 0.04%             | 2039-09-01      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| Victor Elementary School District Community Facility District                    | Victor Elementary School District Community Facility District                             | CUSIP: 925837EH5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $252073.00    | 0.03%             | 2046-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fort Bend County Municipal Utility District No 222                               | Fort Bend County Municipal Utility District No. 222                                       | CUSIP: 34686UDB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    305000 | PA      | $329505.47    | 0.03%             | 2028-07-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Posey County Redevelopment Authority                                             | Posey County Redevelopment Authority                                                      | CUSIP: 73734DAM3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    315000 | PA      | $344081.40    | 0.04%             | 2031-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | Public Finance Authority                                                                  | CUSIP: 74442EMU1<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    175000 | PA      | $176259.58    | 0.02%             | 2026-06-15      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| Ohio Air Quality Development Authority                                           | Ohio Air Quality Development Authority                                                    | CUSIP: 677525WR4<br>LEI: 549300DZUU80AYOR6M80 | Long             | DBT              | MUN               | US        |   1900000 | PA      | $1881552.71   | 0.20%             | 2026-02-01      | Floating      | 1.50%                 | No            |                  2 | On Loan: No      |
| Mirabelle Metropolitan District No 2                                             | Mirabelle Metropolitan District No. 2                                                     | CUSIP: 60458HAX1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $476488.00    | 0.05%             | 2049-12-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| Arizona Industrial Development Authority                                         | Arizona Industrial Development Authority                                                  | CUSIP: 04052BRT3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    120000 | PA      | $115483.04    | 0.01%             | 2032-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Pottsboro Higher Education Finance Corp                                          | Pottsboro Higher Education Finance Corp.                                                  | CUSIP: 738222AD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     70000 | PA      | $69561.15     | 0.01%             | 2026-08-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Montgomery County Water Control & Improvement District No 1                      | Montgomery County Water Control & Improvement District No. 1                              | CUSIP: 613715NL1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    480000 | PA      | $444907.97    | 0.05%             | 2034-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Village of Medina NY                                                             | Village of Medina                                                                         | CUSIP: 584785HG7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    135000 | PA      | $133521.83    | 0.01%             | 2031-05-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                        | New Jersey Economic Development Authority                                                 | CUSIP: 645912EC6<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |    750000 | PA      | $748022.85    | 0.08%             | 2037-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Yakima County School District No 2 Union Gap                                     | Yakima County School District No. 2 Union Gap                                             | CUSIP: 984349DP2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    160000 | PA      | $164328.40    | 0.02%             | 2044-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| West Chester Area School District/PA                                             | West Chester Area School District                                                         | CUSIP: 9520305D2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    140000 | PA      | $122733.66    | 0.01%             | 2032-03-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                             | Colorado Health Facilities Authority                                                      | CUSIP: 19648FLL6<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |    200000 | PA      | $200194.20    | 0.02%             | 2035-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Arab AL                                                                  | City of Arab                                                                              | CUSIP: 038429LS3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2200000 | PA      | $2204147.88   | 0.23%             | 2043-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Virgin Islands Public Finance Authority                                          | Virgin Islands Public Finance Authority                                                   | CUSIP: 927676RR9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    175000 | PA      | $175475.84    | 0.02%             | 2032-10-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| New York State Housing Finance Agency                                            | New York State Housing Finance Agency                                                     | CUSIP: 64987BM39<br>LEI: 5493000LS7KCDB02O506 | Long             | DBT              | MUN               | US        |    635000 | PA      | $574562.48    | 0.06%             | 2042-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Atlantic City NJ                                                         | City of Atlantic City                                                                     | CUSIP: 048339SX4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    465000 | PA      | $465129.32    | 0.05%             | 2025-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                         | Massachusetts Development Finance Agency                                                  | CUSIP: 57583U6Q6<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |    160000 | PA      | $134100.75    | 0.01%             | 2045-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Harris County Municipal Utility District No 537                                  | Harris County Municipal Utility District No. 537                                          | CUSIP: 41426HHX3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $98715.13     | 0.01%             | 2034-04-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Housing & Redevelopment Authority of The City of St Paul Minnesota               | Housing & Redevelopment Authority of The City of St. Paul Minnesota                       | CUSIP: 792905ED9<br>LEI: 549300FQCUW4VH929113 | Long             | DBT              | MUN               | US        |   2405000 | PA      | $2541775.72   | 0.27%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Connecticut State Health & Educational Facilities Authority                      | Connecticut State Health & Educational Facilities Authority                               | CUSIP: 20775DJN3<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1043458.70   | 0.11%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kaufman County Municipal Utility District No 3                                   | Kaufman County Municipal Utility District No. 3                                           | CUSIP: 48620AEK8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    560000 | PA      | $562888.03    | 0.06%             | 2035-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | Public Finance Authority                                                                  | CUSIP: 74444UAU6<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   4925000 | PA      | $5035436.23   | 0.53%             | 2042-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Alabama State University                                                         | Alabama State University                                                                  | CUSIP: 010632PW1<br>LEI: 549300JCR3DWTI08FS98 | Long             | DBT              | MUN               | US        |   1790000 | PA      | $1830896.31   | 0.19%             | 2038-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | New York State Dormitory Authority                                                        | CUSIP: 64985SHR7<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   1245000 | PA      | $1361997.88   | 0.14%             | 2034-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | Illinois Finance Authority                                                                | CUSIP: 45204FBB0<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   1405000 | PA      | $1336124.09   | 0.14%             | 2037-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fort Bend County Municipal Utility District No 184                               | Fort Bend County Municipal Utility District No. 184                                       | CUSIP: 34682XJB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    935000 | PA      | $936710.77    | 0.10%             | 2034-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Health & Educational Facilities Authority of the State of Missouri               | Health & Educational Facilities Authority of the State of Missouri                        | CUSIP: 60635H2Q1<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |   2145000 | PA      | $2204754.12   | 0.23%             | 2029-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Will County Community Unit School District No 201-U Crete-Monee                  | Will County Community Unit School District No. 201-U Crete-Monee                          | CUSIP: 969003TY8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1885000 | PA      | $1953609.29   | 0.21%             | 2042-09-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Clifton Higher Education Finance Corp                                            | Clifton Higher Education Finance Corp.                                                    | CUSIP: 187145UX3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1800000 | PA      | $1927582.56   | 0.20%             | 2029-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Elkhorn School District                                                          | Elkhorn School District                                                                   | CUSIP: 2593093L4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    375000 | PA      | $391628.63    | 0.04%             | 2041-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Altoona Area School District                                                     | Altoona Area School District                                                              | CUSIP: 021807LP5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1104947.69   | 0.12%             | 2039-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington Health Care Facilities Authority                                      | Washington Health Care Facilities Authority                                               | CUSIP: 93978HWK7<br>LEI: 549300ZVPWQIL3N5TL85 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $978645.20    | 0.10%             | 2044-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Housing Development Authority                                           | Illinois Housing Development Authority                                                    | CUSIP: 45203LCF8<br>LEI: 54930053Z6M9JVHBQZ16 | Long             | DBT              | MUN               | US        |   1333454 | PA      | $1212824.08   | 0.13%             | 2032-09-01      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| Harris Center for Mental Health & Intellectual Developmental Disabilities        | Harris Center for Mental Health & Intellectual Developmental Disabilities                 | CUSIP: 41453DAM9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3510000 | PA      | $2984339.94   | 0.32%             | 2045-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Rhode Island Health and Educational Building Corp                                | Rhode Island Health & Educational Building Corp.                                          | CUSIP: 762196X57<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1915000 | PA      | $1977347.23   | 0.21%             | 2052-05-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Jacksonville Public Educational Building Authority                               | Jacksonville Public Educational Building Authority                                        | CUSIP: 469480BU0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4045000 | PA      | $4079242.14   | 0.43%             | 2049-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Washington Health Care Facilities Authority                                      | Washington Health Care Facilities Authority                                               | CUSIP: 93978HWB7<br>LEI: 549300ZVPWQIL3N5TL85 | Long             | DBT              | MUN               | US        |    480000 | PA      | $504610.13    | 0.05%             | 2032-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Clifton Higher Education Finance Corp                                            | Clifton Higher Education Finance Corp.                                                    | CUSIP: 187145TL1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    730000 | PA      | $749706.06    | 0.08%             | 2044-08-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Horace ND                                                                | City of Horace                                                                            | CUSIP: 440365JN5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1022240.89   | 0.11%             | 2044-05-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Bedford City School District                                                     | Bedford City School District                                                              | CUSIP: 076365LD5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    650000 | PA      | $707644.02    | 0.07%             | 2028-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Housing Finance Agency                                              | Pennsylvania Housing Finance Agency                                                       | CUSIP: 7087963V7<br>LEI: 549300JZVUPNWP77SP29 | Long             | DBT              | MUN               | US        |    105000 | PA      | $104027.66    | 0.01%             | 2026-10-01      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| New Memphis Arena Public Building Authority                                      | New Memphis Arena Public Building Authority                                               | CUSIP: 64704CAT5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    550000 | PA      | $536495.80    | 0.06%             | 2029-04-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| West Harris County Regional Water Authority                                      | West Harris County Regional Water Authority                                               | CUSIP: 95308RWN5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    465000 | PA      | $468654.90    | 0.05%             | 2034-12-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| North Carolina Turnpike Authority                                                | North Carolina Turnpike Authority                                                         | CUSIP: 65830RCF4<br>LEI: 549300FCT1PN0GJGQ240 | Long             | DBT              | MUN               | US        |    490000 | PA      | $480020.91    | 0.05%             | 2037-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Alabama State University                                                         | Alabama State University                                                                  | CUSIP: 010632PZ4<br>LEI: 549300JCR3DWTI08FS98 | Long             | DBT              | MUN               | US        |    425000 | PA      | $450670.30    | 0.05%             | 2028-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Grand Forks ND                                                           | City of Grand Forks                                                                       | CUSIP: 38546WDJ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1700000 | PA      | $1556890.94   | 0.16%             | 2037-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Conejo Valley Unified School District                                            | Conejo Valley Unified School District                                                     | CUSIP: 206849HN4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    785000 | PA      | $496085.30    | 0.05%             | 2036-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Connecticut State Health & Educational Facilities Authority                      | Connecticut State Health & Educational Facilities Authority                               | CUSIP: 20775DUX8<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |   2730000 | PA      | $2720007.93   | 0.29%             | 2048-07-01      | Floating      | 2.80%                 | No            |                  2 | On Loan: No      |
| Isle Wight County Industrial Development Authority                               | Isle Wight County Industrial Development Authority                                        | CUSIP: 464637AQ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7220000 | PA      | $7272738.49   | 0.77%             | 2048-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Luzerne County Industrial Development Authority                                  | Luzerne County Industrial Development Authority                                           | CUSIP: 55072RBG1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    960000 | PA      | $965839.39    | 0.10%             | 2027-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Carolina Medical Care Commission                                           | North Carolina Medical Care Commission                                                    | CUSIP: 65820YSE7<br>LEI: 549300FH6KOXGCHQYG81 | Long             | DBT              | MUN               | US        |   1550000 | PA      | $1522958.24   | 0.16%             | 2026-09-01      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| East Montgomery County Improvement District Sales Tax Revenue                    | East Montgomery County Improvement District Sales Tax Revenue                             | CUSIP: 273735DW7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1028799.70   | 0.11%             | 2049-08-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Health & Educational Facilities Authority of the State of Missouri               | Health & Educational Facilities Authority of the State of Missouri                        | CUSIP: 60637AKW1<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |    125000 | PA      | $122407.39    | 0.01%             | 2032-11-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| New York State Energy Research & Development Authority                           | New York State Energy Research & Development Authority                                    | CUSIP: 649845HY3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    185000 | PA      | $184824.27    | 0.02%             | 2034-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Henderson Redevelopment Agency                                                   | Henderson Redevelopment Agency                                                            | CUSIP: 42521MCD3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1240000 | PA      | $1283900.46   | 0.14%             | 2043-04-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Clermont County Port Authority                                                   | Clermont County Port Authority                                                            | CUSIP: 18571QAP8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2200000 | PA      | $2212510.30   | 0.23%             | 2032-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Love County Educational Facilities Authority                                     | Love County Educational Facilities Authority                                              | CUSIP: 54713PBS7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    335000 | PA      | $325436.22    | 0.03%             | 2034-09-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| City of Gainesville FL Utilities System Revenue                                  | City of Gainesville Utilities System Revenue                                              | CUSIP: 362848VJ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |      5000 | PA      | $5459.73      | 0.00%             | 2047-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Richmond Redevelopment & Housing Authority                                       | Richmond Redevelopment & Housing Authority                                                | CUSIP: 76543FAA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3075938 | PA      | $3042628.31   | 0.32%             | 2040-05-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                           | California Municipal Finance Authority                                                    | CUSIP: 130483GV6<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1815000 | PA      | $1811900.52   | 0.19%             | 2040-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Municipal Bond Bank                                                | New Hampshire Municipal Bond Bank                                                         | CUSIP: 64465QJD9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    380000 | PA      | $345769.98    | 0.04%             | 2036-02-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Goshen Central School District                                                   | Goshen Central School District                                                            | CUSIP: 383358EP9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    305000 | PA      | $294088.29    | 0.03%             | 2032-04-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                           | California Municipal Finance Authority                                                    | CUSIP: 13048VKZ0<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1381102.80   | 0.15%             | 2039-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| South Dakota Board of Regents Housing & Auxiliary Facilities System              | South Dakota Board of Regents Housing & Auxiliary Facilities System                       | CUSIP: 837542JF7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1015000 | PA      | $879458.22    | 0.09%             | 2042-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California Infrastructure & Economic Development Bank                            | California Infrastructure & Economic Development Bank                                     | CUSIP: 13034A6B1<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |   7000000 | PA      | $6241513.60   | 0.66%             | 2065-01-01      | Floating      | 9.50%                 | No            |                  2 | On Loan: No      |
| Maine State Housing Authority                                                    | Maine State Housing Authority                                                             | CUSIP: 56052FJ30<br>LEI: 549300SO05LH6D240016 | Long             | DBT              | MUN               | US        |    170000 | PA      | $160169.50    | 0.02%             | 2043-11-15      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                          | Los Angeles Department of Water & Power                                                   | CUSIP: 544532PL2<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |    750000 | PA      | $791229.90    | 0.08%             | 2039-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Horace ND                                                                | City of Horace                                                                            | CUSIP: 440365JC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1100445.72   | 0.12%             | 2026-08-01      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| Metropolitan Water District of Salt Lake & Sandy                                 | Metropolitan Water District of Salt Lake & Sandy                                          | CUSIP: 592657CK4<br>LEI: 549300WSGSDWQU727366 | Long             | DBT              | MUN               | US        |   1540000 | PA      | $1491191.24   | 0.16%             | 2030-07-01      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| City of West Memphis AR Sales & Use Tax Revenue                                  | City of West Memphis Sales & Use Tax Revenue                                              | CUSIP: 954354AJ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    860000 | PA      | $924643.02    | 0.10%             | 2034-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                          | Los Angeles Department of Water & Power                                                   | CUSIP: 544532PG3<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |    200000 | PA      | $221391.74    | 0.02%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Ridgeville City School District                                            | North Ridgeville City School District                                                     | CUSIP: 661870LW3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1640000 | PA      | $1670229.14   | 0.18%             | 2057-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Harris County Municipal Utility District No 213A                                 | Harris County Municipal Utility District No. 213A                                         | CUSIP: 41429YFP2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    415000 | PA      | $420223.15    | 0.04%             | 2033-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Washington State Housing Finance Commission                                      | Washington State Housing Finance Commission                                               | CUSIP: 93978TZ36<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |    515000 | PA      | $426846.99    | 0.05%             | 2033-12-01      | Fixed         | 2.15%                 | No            |                  2 | On Loan: No      |
| State of Florida                                                                 | State of Florida                                                                          | CUSIP: 34153QLR5<br>LEI: 5493004G5XFOOUT0LQ57 | Long             | DBT              | MUN               | US        |    330000 | PA      | $304332.77    | 0.03%             | 2034-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| UND Alumni Association & Foundation                                              | UND Alumni Association & Foundation                                                       | CUSIP: 91472BAM5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $695542.33    | 0.07%             | 2054-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Hamilton County Public Building Corp                                             | Hamilton County Public Building Corp.                                                     | CUSIP: 40721YDY2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2995000 | PA      | $2986190.51   | 0.32%             | 2036-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Providence Public Building Authority                                             | Providence Public Building Authority                                                      | CUSIP: 74381MCT0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    135000 | PA      | $136624.12    | 0.01%             | 2039-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Grosse Ile Township School District/MI                                           | Grosse Ile Township School District                                                       | CUSIP: 398892LA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $521745.90    | 0.06%             | 2042-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maricopa County Industrial Development Authority                                 | Maricopa County Industrial Development Authority                                          | CUSIP: 56681NAS6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $737057.63    | 0.08%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Arab AL                                                                  | City of Arab                                                                              | CUSIP: 038429LP9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1685000 | PA      | $1741515.91   | 0.18%             | 2040-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Parkway Utility District                                                         | Parkway Utility District                                                                  | CUSIP: 701600NL8<br>LEI: 549300CWCUKSPWG3JB84 | Long             | DBT              | MUN               | US        |   1205000 | PA      | $1007587.50   | 0.11%             | 2036-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| County of Ross OH                                                                | County of Ross                                                                            | CUSIP: 778260FN4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    145000 | PA      | $140713.63    | 0.01%             | 2049-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fort Bend County Municipal Utility District No 176                               | Fort Bend County Municipal Utility District No. 176                                       | CUSIP: 34682KEY1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    290000 | PA      | $309108.16    | 0.03%             | 2032-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Trenton MI                                                               | City of Trenton                                                                           | CUSIP: 895011DG6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    405000 | PA      | $409656.04    | 0.04%             | 2044-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | Public Finance Authority                                                                  | CUSIP: 74444UAW2<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   5215000 | PA      | $5235989.33   | 0.55%             | 2052-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Chatham Central School District                                                  | Chatham Central School District                                                           | CUSIP: 162159FX0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    280000 | PA      | $264995.58    | 0.03%             | 2033-03-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| South Seneca Central School District                                             | South Seneca Central School District                                                      | CUSIP: 840197EE3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    345000 | PA      | $332717.45    | 0.04%             | 2031-06-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | Illinois Finance Authority                                                                | CUSIP: 45204FLV5<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    500000 | PA      | $495506.50    | 0.05%             | 2036-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Collier County Industrial Development Authority                                  | Collier County Industrial Development Authority                                           | CUSIP: 194641BB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1197690.72   | 0.13%             | 2049-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hope Cultural Education Facilities Finance Corp                              | New Hope Cultural Education Facilities Finance Corp.                                      | CUSIP: 64542RAY7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    560000 | PA      | $538430.93    | 0.06%             | 2046-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Harris County Municipal Utility District No 105                                  | Harris County Municipal Utility District No. 105                                          | CUSIP: 414942VT6<br>LEI: 549300YRGJX0S2AMLW69 | Long             | DBT              | MUN               | US        |    915000 | PA      | $925839.73    | 0.10%             | 2034-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Texas Private Activity Bond Surface Transportation Corp                          | Texas Private Activity Bond Surface Transportation Corp.                                  | CUSIP: 882667BP2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    395000 | PA      | $373977.71    | 0.04%             | 2037-06-30      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Woodridge Municipal Utility District                                             | Woodridge Municipal Utility District                                                      | CUSIP: 97989WHX1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    135000 | PA      | $130902.60    | 0.01%             | 2035-09-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| New Hampshire Health and Education Facilities Authority Act                      | New Hampshire Health & Education Facilities Authority Act                                 | CUSIP: 64461XLW3<br>LEI: 549300CNCK7OT82W5653 | Long             | DBT              | MUN               | US        |   1770000 | PA      | $1875339.43   | 0.20%             | 2038-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Park Creek Metropolitan District                                                 | Park Creek Metropolitan District                                                          | CUSIP: 700385BK2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1280000 | PA      | $1293078.27   | 0.14%             | 2043-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Statewide Communities Development Authority                           | California Statewide Communities Development Authority                                    | CUSIP: 13080SY81<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |    560000 | PA      | $518759.92    | 0.05%             | 2045-09-02      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Four Lakes Special Assessment District                                           | Four Lakes Special Assessment District                                                    | CUSIP: 35088BAK2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2140000 | PA      | $2279266.28   | 0.24%             | 2035-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | New York State Dormitory Authority                                                        | CUSIP: 64985SHN6<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |    350000 | PA      | $382178.86    | 0.04%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Connecticut State Health & Educational Facilities Authority                      | Connecticut State Health & Educational Facilities Authority                               | CUSIP: 20775DGL0<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |   6230000 | PA      | $5769493.98   | 0.61%             | 2031-07-01      | Fixed         | 2.13%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                             | Colorado Health Facilities Authority                                                      | CUSIP: 19648FJL9<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1020159.70   | 0.11%             | 2026-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Minneapolis MN                                                           | City of Minneapolis                                                                       | CUSIP: 60374VEW9<br>LEI: 54930069TEI1INHRHS55 | Long             | DBT              | MUN               | US        |   2200000 | PA      | $2323435.40   | 0.25%             | 2052-11-15      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| California Housing Finance Agency                                                | California Housing Finance Agency                                                         | CUSIP: 13034PA56<br>LEI: 549300BOPCVLBA552Z14 | Long             | DBT              | MUN               | US        |     70390 | PA      | $56725.78     | 0.01%             | 2038-02-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Alabama State University                                                         | Alabama State University                                                                  | CUSIP: 010632QA8<br>LEI: 549300JCR3DWTI08FS98 | Long             | DBT              | MUN               | US        |    605000 | PA      | $651366.17    | 0.07%             | 2029-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Emerald Forest Utility District                                                  | Emerald Forest Utility District                                                           | CUSIP: 290881MP3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    220000 | PA      | $158056.73    | 0.02%             | 2036-09-01      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                         | Massachusetts Development Finance Agency                                                  | CUSIP: 57584XML2<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   1115000 | PA      | $1129238.88   | 0.12%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington State Housing Finance Commission                                      | Washington State Housing Finance Commission                                               | CUSIP: 93978LHZ2<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |    300000 | PA      | $323100.93    | 0.03%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Bernardino City Unified School District                                      | San Bernardino City Unified School District                                               | CUSIP: 796714ER0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    675000 | PA      | $766290.51    | 0.08%             | 2035-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Margaretville Central School District                                            | Margaretville Central School District                                                     | CUSIP: 566580CR5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    265000 | PA      | $255565.58    | 0.03%             | 2031-06-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Chattanooga Health Educational & Housing Facility Board                          | Chattanooga Health Educational & Housing Facility Board                                   | CUSIP: 162410DQ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    550000 | PA      | $551382.21    | 0.06%             | 2027-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| East Montgomery County Municipal Utility District No 5                           | East Montgomery County Municipal Utility District No. 5                                   | CUSIP: 27373MAW3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    195000 | PA      | $165861.03    | 0.02%             | 2046-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                         | Massachusetts Development Finance Agency                                                  | CUSIP: 57584XWP2<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   1495000 | PA      | $1510639.20   | 0.16%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas State University System                                                    | Texas State University System                                                             | CUSIP: 88278PA79<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1900000 | PA      | $1638108.37   | 0.17%             | 2037-03-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| City of Grand Forks ND                                                           | City of Grand Forks                                                                       | CUSIP: 38546WEY2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $530148.75    | 0.06%             | 2033-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Grand Forks ND                                                           | City of Grand Forks                                                                       | CUSIP: 38546WEU0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1370000 | PA      | $1135452.58   | 0.12%             | 2046-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| County of Hamilton OH                                                            | County of Hamilton                                                                        | CUSIP: 40727RBS6<br>LEI: 549300TO1E3N4E4YIO28 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1001867.10   | 0.11%             | 2036-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | New Hampshire Business Finance Authority                                                  | CUSIP: 63607YCK4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1078850.40   | 0.11%             | 2031-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | Illinois Finance Authority                                                                | CUSIP: 45204EBA5<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   4340000 | PA      | $4405167.27   | 0.47%             | 2029-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Northern Palm Beach County Improvement District                                  | Northern Palm Beach County Improvement District                                           | CUSIP: 665588SW0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    550000 | PA      | $599580.52    | 0.06%             | 2033-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia                                                             | District of Columbia                                                                      | CUSIP: 25483VSC9<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |    335000 | PA      | $335990.33    | 0.04%             | 2027-07-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Gunnison County Housing Authority                                                | Gunnison County Housing Authority                                                         | CUSIP: 402884AC4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    770000 | PA      | $824440.31    | 0.09%             | 2029-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Public Finance Authority                                              | California Public Finance Authority                                                       | CUSIP: 13057HAQ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    390000 | PA      | $390006.36    | 0.04%             | 2029-06-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| City of Orlando FL Tourist Development Tax Revenue                               | City of Orlando Tourist Development Tax Revenue                                           | CUSIP: 686499CZ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    280000 | PA      | $285207.05    | 0.03%             | 2037-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of LaFollette TN Electric System Revenue                                    | City of LaFollette Electric System Revenue                                                | CUSIP: 506837CK7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    780000 | PA      | $834768.95    | 0.09%             | 2037-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs-Economic Development Authority                               | South Carolina Jobs-Economic Development Authority                                        | CUSIP: 837032CC3<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |    850000 | PA      | $876603.39    | 0.09%             | 2049-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Colorado Educational & Cultural Facilities Authority                             | Colorado Educational & Cultural Facilities Authority                                      | CUSIP: 19645UDR2<br>LEI: 549300BJRX2FHSSZP042 | Long             | DBT              | MUN               | US        |    950000 | PA      | $934940.22    | 0.10%             | 2040-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Spokane Valley WA                                                        | City of Spokane Valley                                                                    | CUSIP: 849063BL5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    505000 | PA      | $505318.81    | 0.05%             | 2026-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Housing & Redevelopment Authority of The City of St Paul Minnesota               | Housing & Redevelopment Authority of The City of St. Paul Minnesota                       | CUSIP: 852297BG4<br>LEI: 549300FQCUW4VH929113 | Long             | DBT              | MUN               | US        |    195000 | PA      | $195139.11    | 0.02%             | 2030-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia                                                             | District of Columbia                                                                      | CUSIP: 25483VTE4<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1879824.00   | 0.20%             | 2048-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Health & Educational Facilities Authority of the State of Missouri               | Health & Educational Facilities Authority of the State of Missouri                        | CUSIP: 60637ATQ5<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |    460000 | PA      | $463431.00    | 0.05%             | 2051-05-01      | Floating      | 4.00%                 | No            |                  2 | On Loan: No      |
| County of El Dorado CA                                                           | County of El Dorado                                                                       | CUSIP: 283113EW4<br>LEI: 254900YWTZGSOPTH2R20 | Long             | DBT              | MUN               | US        |    140000 | PA      | $140020.62    | 0.01%             | 2025-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Albany-Dougherty County Hospital Authority                                       | Albany-Dougherty County Hospital Authority                                                | CUSIP: 012170FJ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    370000 | PA      | $406905.61    | 0.04%             | 2033-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Greater Jasper School Building Corp/IN                                           | Greater Jasper School Building Corp.                                                      | CUSIP: 391882JK4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    900000 | PA      | $959731.47    | 0.10%             | 2038-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Park Creek Metropolitan District                                                 | Park Creek Metropolitan District                                                          | CUSIP: 700387DM2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $967757.90    | 0.10%             | 2045-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Bedford City School District                                                     | Bedford City School District                                                              | CUSIP: 076365LW3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    835000 | PA      | $856396.46    | 0.09%             | 2045-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| City of Winter Haven FL Utility System Revenue                                   | City of Winter Haven Utility System Revenue                                               | CUSIP: 975840BR9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $147430.23    | 0.02%             | 2032-10-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | New York State Dormitory Authority                                                        | CUSIP: 64985SHS5<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   1435000 | PA      | $1561547.20   | 0.17%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Regional School Unit No 14                                                       | Regional School Unit No. 14                                                               | CUSIP: 75915PAF7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     90000 | PA      | $98662.64     | 0.01%             | 2029-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Horace ND                                                                | City of Horace                                                                            | CUSIP: 440365JM7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1690000 | PA      | $1611840.88   | 0.17%             | 2039-05-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Chattanooga Health Educational & Housing Facility Board                          | Chattanooga Health Educational & Housing Facility Board                                   | CUSIP: 162410EM2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1100000 | PA      | $948103.31    | 0.10%             | 2044-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Arab AL                                                                  | City of Arab                                                                              | CUSIP: 038429LT1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1955000 | PA      | $1945843.95   | 0.21%             | 2044-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Toms River Board of Education                                                    | Toms River Board of Education                                                             | CUSIP: 890125YD3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    160000 | PA      | $149961.12    | 0.02%             | 2029-07-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | Public Finance Authority                                                                  | CUSIP: 74439YBB6<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1865000 | PA      | $1902823.13   | 0.20%             | 2037-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Bloomington Redevelopment District                                               | Bloomington Redevelopment District                                                        | CUSIP: 094717DZ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    515000 | PA      | $539903.91    | 0.06%             | 2040-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                         | Massachusetts Development Finance Agency                                                  | CUSIP: 57584XF63<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |    170000 | PA      | $171157.34    | 0.02%             | 2038-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maricopa County Industrial Development Authority                                 | Maricopa County Industrial Development Authority                                          | CUSIP: 56681NJA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    525000 | PA      | $447930.63    | 0.05%             | 2044-07-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Knox County Health Educational & Housing Facility Board                          | Knox County Health Educational & Housing Facility Board                                   | CUSIP: 499526AR2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5430000 | PA      | $5464228.55   | 0.58%             | 2049-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Brooklyn Arena Local Development Corp                                            | Brooklyn Arena Local Development Corp.                                                    | CUSIP: 113807BM2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1240000 | PA      | $1229703.78   | 0.13%             | 2035-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California Health Facilities Financing Authority                                 | California Health Facilities Financing Authority                                          | CUSIP: 13033L3V7<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |   3610000 | PA      | $3619391.78   | 0.38%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Columbus Metropolitan Housing Authority                                          | Columbus Metropolitan Housing Authority                                                   | CUSIP: 19951AAV8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    640000 | PA      | $635883.01    | 0.07%             | 2034-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Tempe Industrial Development Authority                                           | Tempe Industrial Development Authority                                                    | CUSIP: 87972MBK7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    140000 | PA      | $140112.29    | 0.01%             | 2026-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-08-27

**Name of Applicant:** TRANSAMERICA FUNDS

**Signature:** Joshua Durham

**Name of Signer:** Joshua Durham

**Title:** Chief Operating Officer and Interim Treasurer