# EDGAR Filing Document

**Accession Number:** 0001020661
**File Stem:** 0001752724-25-181744
**Filing Date:** 2025-7
**Character Count:** 108577
**Document Hash:** 1c991f6fe11b77d5186824e0d3159e71
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-181744.hdr.sgml**: 20250729

**ACCESSION NUMBER**: 0001752724-25-181744

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250531

**FILED AS OF DATE**: 20250729

**DATE AS OF CHANGE**: 20250729

**PERIOD START**: 20250531

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** NUVEEN MULTISTATE TRUST III
- **CENTRAL INDEX KEY:** 0001020661

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 0531

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-07943
- **FILM NUMBER:** 251158962

**BUSINESS ADDRESS:**
- **STREET 1:** JOHN NUVEEN & CO INC
- **STREET 2:** 333 W WACKER DRIVE 32ND FLOOR
- **CITY:** CHICAGO
- **STATE:** IL
- **ZIP:** 60606
- **BUSINESS PHONE:** 3129178200

**MAIL ADDRESS:**
- **STREET 1:** JOHN NUVEEN & CO INC
- **STREET 2:** 333 W WACKER DR 32ND FLOOR
- **CITY:** CHICAGO
- **STATE:** IL
- **ZIP:** 60606

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** NUVEEN  MULTISTATE TRUST III
- **DATE OF NAME CHANGE:** 20040108

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** NUVEEN FLAGSHIP MULTISTATE TRUST III
- **DATE OF NAME CHANGE:** 19960807

## Series and Classes Contracts Data

### Nuveen Louisiana Municipal Bond Fund (Series ID: S000000561)

| Class ID   | Class Name                                     | Ticker Symbol   |
|:---|:---|:---|
| C000001552 | Nuveen Louisiana Municipal Bond Fund - Class A | FTLAX           |
| C000001555 | Nuveen Louisiana Municipal Bond Fund - Class I | FTLRX           |
| C000137684 | Class C                                        | FAFLX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Nuveen Multistate Trust III

- **b. Investment Company Act file number:** 811-07943

- **c. CIK number of Registrant:** 0001020661

- **d. LEI of Registrant:** 549300KF91725RB3OG60

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

  - **Street Address 1:** 333 W. Wacker Dr

  - **City:** Chicago

  - **State:** IL

  - **Foreign country:** US

  - **Zip / Postal Code:** 60606

  - **Telephone number:** 312-917-7700

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

- **a. Name of Series:** Nuveen Louisiana Municipal Bond Fund

- **b. EDGAR series identifier (if any):** S000000561

- **c. LEI of Series:** 5493002SIZJYOIQDDD50

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

- **a. Date of fiscal year-end:** 2025-05-31

- **b. Date as of which information is reported:** 2025-05-31

**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:** $224439770.00

**Total Liabilities:** $6519907.00

**Net Assets:** $217919863.00

**Cash Not Reported:** $827619.00

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -29.68000000 | **1-Year:** -419.80000000 | **5-Year:** -3081.22000000 | **10-Year:** -71374.87000000 | **30-Year:** -74825.00000000

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

- **3-Month:** 0.00000000 | **1-Year:** -384.12000000 | **5-Year:** -1405.47000000 | **10-Year:** -12136.84000000 | **30-Year:** -12495.30000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000001555 | -1.71%               | -0.88%               | -0.68%               |
| Class ID C000001552 | -1.73%               | -0.90%               | -0.70%               |
| Class ID C000137684 | -1.80%               | -0.97%               | -0.77%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-939.04                 | $-4601259.01                               |
| Month 2  | $-1174947.02             | $-1556038.63                               |
| Month 3  | $-159793.02              | $-1940530.30                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Louisiana Local Government Environmental Facilities and Community Development Authority, Revenue Bonds, Southeastern Louisiana University student Hous | Louisiana Local Government Environmental Facilities and Community Development Authority, Revenue Bonds, Southeastern Louisiana University student Hous | CUSIP: 5462828M9<br>LEI: 5493004WIZ1HV87IVF85 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1508869.50   | 0.69%             | 2042-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Jefferson Sales Tax District, Jefferson Parish, Louisiana, Special Sales Tax Revenue Bonds, Series 2019B                                               | Jefferson Sales Tax District, Jefferson Parish, Louisiana, Special Sales Tax Revenue Bonds, Series 2019B                                               | CUSIP: 474176LH5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1943489.80   | 0.89%             | 2038-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Louisiana Local Government Environmental Facilities and Community Development Authority, Louisiana, Revenue Bonds, Terrebonne Parish GOMESA Project, S | Louisiana Local Government Environmental Facilities and Community Development Authority, Louisiana, Revenue Bonds, Terrebonne Parish GOMESA Project, S | CUSIP: 54628CES7<br>LEI: 5493004WIZ1HV87IVF85 | Long             | DBT              | MUN               | US        |    400000 | PA      | $408775.92    | 0.19%             | 2039-11-01      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| Saint Paul Port Authority, Minnesota, Solid Waste Disposal Revenue Bonds, Gerdau Saint Paul Steel Mill Project, Series 2012-7                          | Saint Paul Port Authority, Minnesota, Solid Waste Disposal Revenue Bonds, Gerdau Saint Paul Steel Mill Project, Series 2012-7                          | CUSIP: 79307RAB0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $233228.53    | 0.11%             | 2037-10-01      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| Louisiana Public Facilities Authority, Louisiana, Revenue Bonds, Loyola University of New Orleans Project, Refunding Series 2021                       | Louisiana Public Facilities Authority, Louisiana, Revenue Bonds, Loyola University of New Orleans Project, Refunding Series 2021                       | CUSIP: 546399LL8<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |     20000 | PA      | $17719.75     | 0.01%             | 2041-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Calcasieu Parish School District 23, Louisiana, General Obligation Bonds, Public School Improvement Series 2019                                        | Calcasieu Parish School District 23, Louisiana, General Obligation Bonds, Public School Improvement Series 2019                                        | CUSIP: 128492JZ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1600000 | PA      | $1549401.76   | 0.71%             | 2038-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New Orleans, Louisiana, General Obligation Bonds, Audubon Commission Projects, Series 2021                                                             | New Orleans, Louisiana, General Obligation Bonds, Audubon Commission Projects, Series 2021                                                             | CUSIP: 64763FB81<br>LEI: 54930084B6KHR5PR2651 | Long             | DBT              | MUN               | US        |   3130000 | PA      | $3079458.64   | 1.41%             | 2037-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Juban Trails Community Development District, Livingston Parish, Louisiana, Special Assessment  Revenue Bonds, Series 2022                              | Juban Trails Community Development District, Livingston Parish, Louisiana, Special Assessment  Revenue Bonds, Series 2022                              | CUSIP: 48129XAC6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $798214.70    | 0.37%             | 2051-06-01      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |
| New York Counties Tobacco Trust VI, New York, Tobacco Settlement Pass-Through Bonds, Turbo Term Series 2016A. Including 2016A-1, 2016A-2A and 2016A-2B | New York Counties Tobacco Trust VI, New York, Tobacco Settlement Pass-Through Bonds, Turbo Term Series 2016A. Including 2016A-1, 2016A-2A and 2016A-2B | CUSIP: 64945JAE2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    315000 | PA      | $275287.45    | 0.13%             | 2045-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Louisiana Local Government Environmental Facilities and Community Development Authority, Revenue Bonds, McNeese State University Student Parking - Cow | Louisiana Local Government Environmental Facilities and Community Development Authority, Revenue Bonds, McNeese State University Student Parking - Cow | CUSIP: 54628CB43<br>LEI: 5493004WIZ1HV87IVF85 | Long             | DBT              | MUN               | US        |   1200000 | PA      | $991878.24    | 0.46%             | 2037-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Louisiana Local Government Environmental Facilities and Community Development Authority, Louisiana, Revenue Bonds, Saint Martin Parish GOMESA Project, | Louisiana Local Government Environmental Facilities and Community Development Authority, Louisiana, Revenue Bonds, Saint Martin Parish GOMESA Project, | CUSIP: 54628CJA1<br>LEI: 5493004WIZ1HV87IVF85 | Long             | DBT              | MUN               | US        |    100000 | PA      | $92560.83     | 0.04%             | 2044-11-01      | Fixed         | 4.40%                 | Yes           |                  2 | On Loan: No      |
| Louisiana Publc Facilities Authority, Lousiana, Revenue Bonds, Christus Health, Refunding Series 2019A                                                 | Louisiana Publc Facilities Authority, Lousiana, Revenue Bonds, Christus Health, Refunding Series 2019A                                                 | CUSIP: 546399GC4<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1961478.40   | 0.90%             | 2048-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Louisiana Public Facilities Authority, Louisiana, Revenue Bonds, Loyola University of New Orleans Project, Series 2023A                                | Louisiana Public Facilities Authority, Louisiana, Revenue Bonds, Loyola University of New Orleans Project, Series 2023A                                | CUSIP: 546399RE8<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |    250000 | PA      | $257371.00    | 0.12%             | 2027-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Louisiana Public Facilities Authority, Lease Revenue Bonds, Provident Group-Flagship Properties LLC - Louisiana State University GreenHouse District P | Louisiana Public Facilities Authority, Lease Revenue Bonds, Provident Group-Flagship Properties LLC - Louisiana State University GreenHouse District P | CUSIP: 54639TDA7<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |   4510000 | PA      | $4441998.67   | 2.04%             | 2059-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Louisiana Local Government Environmental Facilities and Community Development Authority, Louisiana, Revenue Bonds, Cameron Parish GOMESA Project, Gree | Louisiana Local Government Environmental Facilities and Community Development Authority, Louisiana, Revenue Bonds, Cameron Parish GOMESA Project, Gree | CUSIP: 54628CER9<br>LEI: 5493004WIZ1HV87IVF85 | Long             | DBT              | MUN               | US        |    540000 | PA      | $559797.97    | 0.26%             | 2037-11-01      | Fixed         | 5.65%                 | Yes           |                  2 | On Loan: No      |
| Guam A.B. Won Pat  International Airport Authority, Revenue Bonds, Series 2024A                                                                        | Guam A.B. Won Pat  International Airport Authority, Revenue Bonds, Series 2024A                                                                        | CUSIP: 40064RFV6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $103316.61    | 0.05%             | 2039-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Guam Government Waterworks Authority, Water and Wastewater System Revenue Bonds,  Refunding Series 2024A                                               | Guam Government Waterworks Authority, Water and Wastewater System Revenue Bonds,  Refunding Series 2024A                                               | CUSIP: 40065FDV3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    505000 | PA      | $525349.23    | 0.24%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Matching Fund Special Purpose Securitization Corporation, Virgin Islands, Revenue Bonds, Series 2022A                                                  | Matching Fund Special Purpose Securitization Corporation, Virgin Islands, Revenue Bonds, Series 2022A                                                  | CUSIP: 57665NAG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4160000 | PA      | $3993600.42   | 1.83%             | 2039-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Louisiana Public Facilities Authority, Louisiana, Revenue Bonds, Tulane University, Refunding Series 2023A                                             | Louisiana Public Facilities Authority, Louisiana, Revenue Bonds, Tulane University, Refunding Series 2023A                                             | CUSIP: 546399QP4<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3032956.20   | 1.39%             | 2048-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Louisiana Public Facilities Authority, Revenue Bonds, Loyola University Project, Refunding Series 2017                                                 | Louisiana Public Facilities Authority, Revenue Bonds, Loyola University Project, Refunding Series 2017                                                 | CUSIP: 5463987X0<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |   2835000 | PA      | $3034466.91   | 1.39%             | 2031-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Lafourche Parish Water District 1, Louisiana, Water Revenue Bonds, Series 2025                                                                         | Lafourche Parish Water District 1, Louisiana, Water Revenue Bonds, Series 2025                                                                         | CUSIP: 507048KX3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1626599.63   | 0.75%             | 2050-01-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Louisiana State Correctional Facilities Corporation, Lease Revenue Bonds, Office of Juvenile Justice Project, Series 2021                              | Louisiana State Correctional Facilities Corporation, Lease Revenue Bonds, Office of Juvenile Justice Project, Series 2021                              | CUSIP: 546458DK3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1435000 | PA      | $1360136.19   | 0.62%             | 2038-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Louisiana State Correctional Facilities Corporation, Lease Revenue Bonds, Office of Juvenile Justice Project, Series 2021                              | Louisiana State Correctional Facilities Corporation, Lease Revenue Bonds, Office of Juvenile Justice Project, Series 2021                              | CUSIP: 546458DM9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1305000 | PA      | $1194709.88   | 0.55%             | 2040-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Saint Tammany Parish Hospital Service District 2, Louisiana, Hospital Revenue Bonds, Series 2021                                                       | Saint Tammany Parish Hospital Service District 2, Louisiana, Hospital Revenue Bonds, Series 2021                                                       | CUSIP: 79353PHV6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1430000 | PA      | $1344426.23   | 0.62%             | 2040-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Tangipahoa Water District, Tangipahoa, Louisiana, Water Revenue Bonds, Series 2021                                                                     | Tangipahoa Water District, Tangipahoa, Louisiana, Water Revenue Bonds, Series 2021                                                                     | CUSIP: 875682GV2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    295000 | PA      | $285633.93    | 0.13%             | 2038-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Louisiana Local Government Environmental Facilities and Community Development Authority, Louisiana, Revenue Bonds, Saint Tammany Parish GOMESA Project | Louisiana Local Government Environmental Facilities and Community Development Authority, Louisiana, Revenue Bonds, Saint Tammany Parish GOMESA Project | CUSIP: 54628CRM6<br>LEI: 5493004WIZ1HV87IVF85 | Long             | DBT              | MUN               | US        |   1795000 | PA      | $1512382.28   | 0.69%             | 2045-11-01      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| Louisiana Public Facilities Authority, Louisiana, Revenue Bonds, Tulane University, Refunding Series 2020A                                             | Louisiana Public Facilities Authority, Louisiana, Revenue Bonds, Tulane University, Refunding Series 2020A                                             | CUSIP: 546399PD2<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |    355000 | PA      | $367039.79    | 0.17%             | 2050-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Louisiana Publc Facilities Authority, Lousiana, Revenue Bonds, Provident Group - HSC Properties Inc - LSU Health Foundation, New Orleans Project, Seni | Louisiana Publc Facilities Authority, Lousiana, Revenue Bonds, Provident Group - HSC Properties Inc - LSU Health Foundation, New Orleans Project, Seni | CUSIP: 546399KA3<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $855215.60    | 0.39%             | 2050-01-01      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| Louisiana Public Facilities Authority, Hospital Revenue Bonds, Franciscan Missionaries of Our Lady Health System, Series 1998A                         | Louisiana Public Facilities Authority, Hospital Revenue Bonds, Franciscan Missionaries of Our Lady Health System, Series 1998A                         | CUSIP: 546395R89<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |    320000 | PA      | $320693.73    | 0.15%             | 2025-07-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Cameron Parish School District 15, Louisiana, General Obligtion Bonds, Series 2021                                                                     | Cameron Parish School District 15, Louisiana, General Obligtion Bonds, Series 2021                                                                     | CUSIP: 133565CK5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    425000 | PA      | $392946.63    | 0.18%             | 2040-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Louisiana Public Facilities Authority, Revenue Bonds, Ochsner Clinic Foundation Project, Series 2015                                                   | Louisiana Public Facilities Authority, Revenue Bonds, Ochsner Clinic Foundation Project, Series 2015                                                   | CUSIP: 5463983E6<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |    200000 | PA      | $196714.16    | 0.09%             | 2047-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Saint Charles Parish School Board, Louisiana, Sales & Use Tax Bonds, Series 2019                                                                       | Saint Charles Parish School Board, Louisiana, Sales & Use Tax Bonds, Series 2019                                                                       | CUSIP: 788073DY7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $739702.20    | 0.34%             | 2037-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Louisiana Local Government Environmental Facilities and Community Development Authority, Louisiana, Revenue Bonds, Ragin' Cajun Facilities Inc.- Stude | Louisiana Local Government Environmental Facilities and Community Development Authority, Louisiana, Revenue Bonds, Ragin' Cajun Facilities Inc.- Stude | CUSIP: 54628CEQ1<br>LEI: 5493004WIZ1HV87IVF85 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2995235.70   | 1.37%             | 2048-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Louisiana Public Facilities Authority, Louisiana, Revenue Bonds, Lake Charles Charter Academy Foundation Project, Refunding Series 2024A               | Louisiana Public Facilities Authority, Louisiana, Revenue Bonds, Lake Charles Charter Academy Foundation Project, Refunding Series 2024A               | CUSIP: 546399TY2<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1869265.00   | 0.86%             | 2043-12-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Louisiana Public Facilities Authority, Lease Revenue Bonds, Provident Group-Flagship Properties LLC - Louisiana State University GreenHouse District P | Louisiana Public Facilities Authority, Lease Revenue Bonds, Provident Group-Flagship Properties LLC - Louisiana State University GreenHouse District P | CUSIP: 54639TCG5<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |    200000 | PA      | $200608.24    | 0.09%             | 2042-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority, Revenue Bonds, Ascension Health/fkaPresence Health Network, Series 2016C                                                   | Illinois Finance Authority, Revenue Bonds, Ascension Health/fkaPresence Health Network, Series 2016C                                                   | CUSIP: 45204EFB9<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    505000 | PA      | $513121.01    | 0.24%             | 2036-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Louisiana Public Facilities Authority, Hospital Revenue Bonds, Franciscan Missionaries of Our Lady Health System, Series 1998A                         | Louisiana Public Facilities Authority, Hospital Revenue Bonds, Franciscan Missionaries of Our Lady Health System, Series 1998A                         | CUSIP: 546395R71<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |     25000 | PA      | $25052.14     | 0.01%             | 2025-07-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corporation, New York, Special Facilities Bonds, LaGuardia Airport Terminal B Redevelopment Project, Series 2016A  | New York Transportation Development Corporation, New York, Special Facilities Bonds, LaGuardia Airport Terminal B Redevelopment Project, Series 2016A  | CUSIP: 650116AR7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    840000 | PA      | $817556.71    | 0.38%             | 2046-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port New Orleans Board of Commissioners, Louisiana, Revenue Bonds, Port Facilities, Refunding Series 2018B                                             | Port New Orleans Board of Commissioners, Louisiana, Revenue Bonds, Port Facilities, Refunding Series 2018B                                             | CUSIP: 734782DA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2750000 | PA      | $2680703.58   | 1.23%             | 2045-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Louisiana Local Government Environmental Facilities and Community Development Authority, Revenue Bonds, Christwood Project, Refunding Series 2024      | Louisiana Local Government Environmental Facilities and Community Development Authority, Revenue Bonds, Christwood Project, Refunding Series 2024      | CUSIP: 54628C3B6<br>LEI: 5493004WIZ1HV87IVF85 | Long             | DBT              | MUN               | US        |    850000 | PA      | $762849.93    | 0.35%             | 2059-11-15      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| Buckeye Tobacco Settlement Financing Authority, Ohio, Tobacco Settlement Asset-Backed Revenue Bonds, Refunding Senior Lien Series 2020A-2 Class 1      | Buckeye Tobacco Settlement Financing Authority, Ohio, Tobacco Settlement Asset-Backed Revenue Bonds, Refunding Senior Lien Series 2020A-2 Class 1      | CUSIP: 118217CW6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $698436.90    | 0.32%             | 2048-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Pineville, Louisiana, Utility Revenue Bonds, Series 2022                                                                                               | Pineville, Louisiana, Utility Revenue Bonds, Series 2022                                                                                               | CUSIP: 723376JF7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $890574.50    | 0.41%             | 2047-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Louisiana Public Facilities Authority, Louisiana, Revenue Bonds, Lincoln Preparatory School Project, Series 2022A                                      | Louisiana Public Facilities Authority, Louisiana, Revenue Bonds, Lincoln Preparatory School Project, Series 2022A                                      | CUSIP: 546399PJ9<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |    270000 | PA      | $249454.30    | 0.11%             | 2062-06-01      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| New Orleans Aviation Board, Louisiana, General Airport Revenue Bonds, Series 2024C-2                                                                   | New Orleans Aviation Board, Louisiana, General Airport Revenue Bonds, Series 2024C-2                                                                   | CUSIP: 64763HNM3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1007840.00   | 0.46%             | 2049-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Louisiana Stadium and Exposition District, Revenue Bonds, Senior Series 2023A                                                                          | Louisiana Stadium and Exposition District, Revenue Bonds, Senior Series 2023A                                                                          | CUSIP: 546410CY5<br>LEI: 5493000QEHWDGVGH7J62 | Long             | DBT              | MUN               | US        |   1735000 | PA      | $1768028.33   | 0.81%             | 2053-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Louisiana Public Facilities Authority, Louisiana, Revenue Bonds, Tulane University, Refunding Series 2020A                                             | Louisiana Public Facilities Authority, Louisiana, Revenue Bonds, Tulane University, Refunding Series 2020A                                             | CUSIP: 546399JT4<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1892058.20   | 0.87%             | 2040-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New Orleans, Louisiana, General Obligation Bonds, Public Improvement Series 2021A                                                                      | New Orleans, Louisiana, General Obligation Bonds, Public Improvement Series 2021A                                                                      | CUSIP: 64763FC49<br>LEI: 54930084B6KHR5PR2651 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2007304.80   | 0.92%             | 2046-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Orleans Aviation Board, Louisiana, General Airport Revenue Bonds, North Terminal Project, Series 2017B                                             | New Orleans Aviation Board, Louisiana, General Airport Revenue Bonds, North Terminal Project, Series 2017B                                             | CUSIP: 64763HHK4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1880000 | PA      | $1844717.66   | 0.85%             | 2048-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lafayette Public Trust Financing Authority, Louisiana, Revenue Bonds, Ragin' Cajun Facilities Inc. Project, Refunding Series 2012                      | Lafayette Public Trust Financing Authority, Louisiana, Revenue Bonds, Ragin' Cajun Facilities Inc. Project, Refunding Series 2012                      | CUSIP: 506486DZ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    815000 | PA      | $816142.39    | 0.37%             | 2027-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Jefferson Parish Economic Development and Port District, Louisiana, Kenner Discovery Health Sciences Academy Project, Series 2018A                     | Jefferson Parish Economic Development and Port District, Louisiana, Kenner Discovery Health Sciences Academy Project, Series 2018A                     | CUSIP: 474548AB0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1025000 | PA      | $1015756.04   | 0.47%             | 2038-06-15      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| Louisiana Local Government Environmental Facilities and Community Development Authority, Louisiana, Revenue Bonds, Terrebonne Parish GOMESA Project, S | Louisiana Local Government Environmental Facilities and Community Development Authority, Louisiana, Revenue Bonds, Terrebonne Parish GOMESA Project, S | CUSIP: 54628CGA4<br>LEI: 5493004WIZ1HV87IVF85 | Long             | DBT              | MUN               | US        |    100000 | PA      | $102154.53    | 0.05%             | 2038-11-01      | Fixed         | 5.38%                 | Yes           |                  2 | On Loan: No      |
| Ohio Water Development Authority, Pollution Control Revenue Refunding Bonds, FirstEnergy Nuclear Generating Corporation Project, Series 2009A          | Ohio Water Development Authority, Pollution Control Revenue Refunding Bonds, FirstEnergy Nuclear Generating Corporation Project, Series 2009A          | CUSIP: 67766WXM9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1022920.00   | 0.47%             | 2033-06-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Tangipahoa Parish Hospital Service District 1, Louisiana, Hospital Revenue Bonds, North Oaks Health System Project, Refunding Series 2021              | Tangipahoa Parish Hospital Service District 1, Louisiana, Hospital Revenue Bonds, North Oaks Health System Project, Refunding Series 2021              | CUSIP: 875518EZ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $918632.00    | 0.42%             | 2039-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Guam A.B. Won Pat  International Airport Authority, Revenue Bonds, Series 2024A                                                                        | Guam A.B. Won Pat  International Airport Authority, Revenue Bonds, Series 2024A                                                                        | CUSIP: 40064RFQ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $103779.97    | 0.05%             | 2034-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Saint Tammany Parish Hospital Service District 1, Louisiana, Hospital Revenue Bonds, St. Tammany Parish Hospital Project, Refunding Series 2018A       | Saint Tammany Parish Hospital Service District 1, Louisiana, Hospital Revenue Bonds, St. Tammany Parish Hospital Project, Refunding Series 2018A       | CUSIP: 793556CL3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $854533.40    | 0.39%             | 2043-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Louisiana Housing Corporation, Single Family Mortgage Revenue Bonds, Home Ownership Program, Series 2024A                                              | Louisiana Housing Corporation, Single Family Mortgage Revenue Bonds, Home Ownership Program, Series 2024A                                              | CUSIP: 54627DQB0<br>LEI: 549300VL35TBE7RSJH61 | Long             | DBT              | MUN               | US        |   1075000 | PA      | $1023998.02   | 0.47%             | 2054-12-01      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| Louisiana Citizens Property Insurance Corporation, Assessment Revenue Bonds, Refunding Series 2016A                                                    | Louisiana Citizens Property Insurance Corporation, Assessment Revenue Bonds, Refunding Series 2016A                                                    | CUSIP: 546456EF7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    505000 | PA      | $514813.56    | 0.24%             | 2026-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Louisiana State, Gasoline and Fuels Tax Revenue Bonds, Refunding Second Lien Series 2024A                                                              | Louisiana State, Gasoline and Fuels Tax Revenue Bonds, Refunding Second Lien Series 2024A                                                              | CUSIP: 546475WR1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3505000 | PA      | $3178414.62   | 1.46%             | 2044-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Louisiana Public Facilities Authority, Louisiana, Revenue Bonds, Loyola University of New Orleans Project, Refunding Series 2023A                      | Louisiana Public Facilities Authority, Louisiana, Revenue Bonds, Loyola University of New Orleans Project, Refunding Series 2023A                      | CUSIP: 546399RP3<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1978332.00   | 0.91%             | 2048-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Louisiana Local Government Environmental Facilities and Community Development Authority, Revenue Bonds, McNeese State University Student Parking - Cow | Louisiana Local Government Environmental Facilities and Community Development Authority, Revenue Bonds, McNeese State University Student Parking - Cow | CUSIP: 54628CB50<br>LEI: 5493004WIZ1HV87IVF85 | Long             | DBT              | MUN               | US        |   1270000 | PA      | $977157.30    | 0.45%             | 2039-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| New Orleans Aviation Board, Louisiana, General Airport Revenue Bonds, Gilf Opportunity Zone Project, Refunding Series 2019                             | New Orleans Aviation Board, Louisiana, General Airport Revenue Bonds, Gilf Opportunity Zone Project, Refunding Series 2019                             | CUSIP: 64763HKC8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1015000 | PA      | $972686.58    | 0.45%             | 2039-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Louisiana Public Facilities Authority, Louisiana, Revenue Bonds, Ochsner Clinic Foundation Project, Refunding Series 2025A                             | Louisiana Public Facilities Authority, Louisiana, Revenue Bonds, Ochsner Clinic Foundation Project, Refunding Series 2025A                             | CUSIP: 546399UN4<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |   2200000 | PA      | $2211217.58   | 1.01%             | 2055-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Government of Guam, Business Privilege Tax Bonds, Refunding Series 2015D                                                                               | Government of Guam, Business Privilege Tax Bonds, Refunding Series 2015D                                                                               | CUSIP: 40065NCH8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    170000 | PA      | $153474.47    | 0.07%             | 2039-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Cameron Parish School District 15, Louisiana, General Obligtion Bonds, Series 2021                                                                     | Cameron Parish School District 15, Louisiana, General Obligtion Bonds, Series 2021                                                                     | CUSIP: 133565CJ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $327742.52    | 0.15%             | 2039-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Louisiana Public Facilities Authority, Revenue Bonds, Archdiocese of New Orleans, Refunding Series 2017                                                | Louisiana Public Facilities Authority, Revenue Bonds, Archdiocese of New Orleans, Refunding Series 2017                                                | CUSIP: 5463986X1<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $850000.00    | 0.39%             | 2037-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Saint John the Baptist Parish, Louisiana, Revenue Bonds, Marathon Oil Corporation Project, Refunding Series 2017C                                      | Saint John the Baptist Parish, Louisiana, Revenue Bonds, Marathon Oil Corporation Project, Refunding Series 2017C                                      | CUSIP: 79020FBB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2035000 | PA      | $1995089.38   | 0.92%             | 2037-06-01      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| New Orleans Aviation Board, Louisiana, Special Facility Revenue Bonds, Parking Facilities Corporation Consolidated Garage System, Series 2018A         | New Orleans Aviation Board, Louisiana, Special Facility Revenue Bonds, Parking Facilities Corporation Consolidated Garage System, Series 2018A         | CUSIP: 64763KAG3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1800000 | PA      | $1811613.78   | 0.83%             | 2043-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Livingston Parish School District 1, Louisiana, General Obligation Bonds, Series 2021                                                                  | Livingston Parish School District 1, Louisiana, General Obligation Bonds, Series 2021                                                                  | CUSIP: 538803XA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $919816.00    | 0.42%             | 2041-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Louisiana State Correctional Facilities Corporation, Lease Revenue Bonds, Correctional Institution for Women Series 2023                               | Louisiana State Correctional Facilities Corporation, Lease Revenue Bonds, Correctional Institution for Women Series 2023                               | CUSIP: 546458EJ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $912358.00    | 0.42%             | 2043-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| The Industrial Development Authority of the City of Saint Louis, Missouri, Development Financing Revenue Bonds, Ballpark Village Development Project,  | The Industrial Development Authority of the City of Saint Louis, Missouri, Development Financing Revenue Bonds, Ballpark Village Development Project,  | CUSIP: 85236BAC6<br>LEI: 549300WTUL8KX1FOUZ40 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $847973.20    | 0.39%             | 2047-11-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Louisiana Public Facilities Authority, Revenue Bonds, Cleco Power LLC Project, Series 2008                                                             | Louisiana Public Facilities Authority, Revenue Bonds, Cleco Power LLC Project, Series 2008                                                             | CUSIP: 546398Q76<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |   7315000 | PA      | $6972690.19   | 3.20%             | 2038-12-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| New Orleans Aviation Board, Louisiana, General Airport Revenue Bonds, Series 2024C-2                                                                   | New Orleans Aviation Board, Louisiana, General Airport Revenue Bonds, Series 2024C-2                                                                   | CUSIP: 64763HNN1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1255441.75   | 0.58%             | 2051-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Louisiana Public Facilities Authority, Hospital Revenue Bonds, Louisiana Children's Medical Center Hospital, Series 2015A-1. Fixed Rate Mode           | Louisiana Public Facilities Authority, Hospital Revenue Bonds, Louisiana Children's Medical Center Hospital, Series 2015A-1. Fixed Rate Mode           | CUSIP: 546395S62<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2968290.60   | 1.36%             | 2045-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Louisiana Publics Facilities Authority, Louisiana, Revenue Bonds, I-10 Calcasieu River Bridge Public-Private Partnership Project, Senior Lien Series 2 | Louisiana Publics Facilities Authority, Louisiana, Revenue Bonds, I-10 Calcasieu River Bridge Public-Private Partnership Project, Senior Lien Series 2 | CUSIP: 546399TA4<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |   3465000 | PA      | $3278317.58   | 1.50%             | 2066-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Orleans, Louisiana, Sewerage Service Revenue Bonds, Series 2020B                                                                                   | New Orleans, Louisiana, Sewerage Service Revenue Bonds, Series 2020B                                                                                   | CUSIP: 647719PV9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $825840.50    | 0.38%             | 2050-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Louisiana Public Facilities Authority, Revenue Bonds, Loyola University Project, Refunding Series 2017                                                 | Louisiana Public Facilities Authority, Revenue Bonds, Loyola University Project, Refunding Series 2017                                                 | CUSIP: 5463988B7<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |   2040000 | PA      | $2032071.34   | 0.93%             | 2046-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Louisiana Local Government Environmental Facilities and Community Development Authority, Revenue Bonds, Bossier City Projects, Series 2015             | Louisiana Local Government Environmental Facilities and Community Development Authority, Revenue Bonds, Bossier City Projects, Series 2015             | CUSIP: 546282P81<br>LEI: 5493004WIZ1HV87IVF85 | Long             | DBT              | MUN               | US        |   1435000 | PA      | $1436726.88   | 0.66%             | 2030-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Louisiana Publics Facilities Authority, Louisiana, Revenue Bonds, I-10 Calcasieu River Bridge Public-Private Partnership Project, Senior Lien Series 2 | Louisiana Publics Facilities Authority, Louisiana, Revenue Bonds, I-10 Calcasieu River Bridge Public-Private Partnership Project, Senior Lien Series 2 | CUSIP: 546399SZ0<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2064434.60   | 0.95%             | 2064-09-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Louisiana Housing Corporation, Single Family Mortgage Revenue Bonds, Home Ownership Program, Series 2021D                                              | Louisiana Housing Corporation, Single Family Mortgage Revenue Bonds, Home Ownership Program, Series 2021D                                              | CUSIP: 54627DHW4<br>LEI: 549300VL35TBE7RSJH61 | Long             | DBT              | MUN               | US        |   2030000 | PA      | $1997197.23   | 0.92%             | 2052-06-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Greater New Orleans Expressway Commission, Louisiana, Toll Revenue Bonds, Subordinate Lien Series 2017                                                 | Greater New Orleans Expressway Commission, Louisiana, Toll Revenue Bonds, Subordinate Lien Series 2017                                                 | CUSIP: 39225PAU5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1003109.50   | 0.46%             | 2047-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Louisiana Local Government Environmental Facilities and Community Development Authority, Louisiana, Revenue Bonds, Ragin Cajun Facilities, Inc.?Lewis  | Louisiana Local Government Environmental Facilities and Community Development Authority, Louisiana, Revenue Bonds, Ragin Cajun Facilities, Inc.?Lewis  | CUSIP: 54628CYP1<br>LEI: 5493004WIZ1HV87IVF85 | Long             | DBT              | MUN               | US        |    750000 | PA      | $670995.08    | 0.31%             | 2042-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Guam Government Waterworks Authority, Water and Wastewater System Revenue Bonds, Series 2020A                                                          | Guam Government Waterworks Authority, Water and Wastewater System Revenue Bonds, Series 2020A                                                          | CUSIP: 40065FDF8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $957717.80    | 0.44%             | 2050-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Louisiana Local Government Environmental Facilities and Community Development Authority, Revenue Bonds, Ragin' Cajun Facilities Inc.- Student Housing  | Louisiana Local Government Environmental Facilities and Community Development Authority, Revenue Bonds, Ragin' Cajun Facilities Inc.- Student Housing  | CUSIP: 5462826J8<br>LEI: 5493004WIZ1HV87IVF85 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2010171.80   | 0.92%             | 2039-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Jefferson Sales Tax District, Jefferson Parish, Louisiana, Special Sales Tax Revenue Bonds, Series 2019B                                               | Jefferson Sales Tax District, Jefferson Parish, Louisiana, Special Sales Tax Revenue Bonds, Series 2019B                                               | CUSIP: 474176LJ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2849055.90   | 1.31%             | 2039-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New Orleans, Louisiana, General Obligation Bonds, Refunding Series 2015                                                                                | New Orleans, Louisiana, General Obligation Bonds, Refunding Series 2015                                                                                | CUSIP: 64763FVL0<br>LEI: 54930084B6KHR5PR2651 | Long             | DBT              | MUN               | US        |    525000 | PA      | $529786.27    | 0.24%             | 2029-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Louisiana Public Facilities Authority, Lease Revenue Bonds, Provident Group-Flagship Properties LLC - Louisiana State University GreenHouse District P | Louisiana Public Facilities Authority, Lease Revenue Bonds, Provident Group-Flagship Properties LLC - Louisiana State University GreenHouse District P | CUSIP: 54639TCX8<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |   2365000 | PA      | $2019836.76   | 0.93%             | 2054-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Central Community School System, East Baton Rouge Parish, Louisiana, General Obligation Bonds, Series 2020                                             | Central Community School System, East Baton Rouge Parish, Louisiana, General Obligation Bonds, Series 2020                                             | CUSIP: 153135FC7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1125000 | PA      | $1069268.29   | 0.49%             | 2039-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Louisiana Public Facilities Authority, Hospital Revenue Bonds, Franciscan Missionaries of Our Lady Health System, Series 2017A                         | Louisiana Public Facilities Authority, Hospital Revenue Bonds, Franciscan Missionaries of Our Lady Health System, Series 2017A                         | CUSIP: 546395N75<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $3891580.80   | 1.79%             | 2047-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Saint Tammany Parish Hospital Service District 1, Louisiana, Hospital Revenue Bonds, St. Tammany Parish Hospital Project, Refunding Series 2018A       | Saint Tammany Parish Hospital Service District 1, Louisiana, Hospital Revenue Bonds, St. Tammany Parish Hospital Project, Refunding Series 2018A       | CUSIP: 793556CJ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1419297.88   | 0.65%             | 2037-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Guam A.B. Won Pat  International Airport Authority, Revenue Bonds, Series 2024A                                                                        | Guam A.B. Won Pat  International Airport Authority, Revenue Bonds, Series 2024A                                                                        | CUSIP: 40064RFU8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $103857.22    | 0.05%             | 2038-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Calcasieu Parish School District 23, Louisiana, General Obligation Bonds, Public School Improvement Series 2019                                        | Calcasieu Parish School District 23, Louisiana, General Obligation Bonds, Public School Improvement Series 2019                                        | CUSIP: 128492JY2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1055000 | PA      | $1038984.68   | 0.48%             | 2037-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New Orleans, Louisiana, General Obligation Bonds, Refunding Series 2015                                                                                | New Orleans, Louisiana, General Obligation Bonds, Refunding Series 2015                                                                                | CUSIP: 64763FVJ5<br>LEI: 54930084B6KHR5PR2651 | Long             | DBT              | MUN               | US        |    125000 | PA      | $126195.20    | 0.06%             | 2027-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Louisiana Public Facilities Authority, Louisiana, Revenue Bonds, Ochsner Clinic Foundation Project, Refunding Series 2025A                             | Louisiana Public Facilities Authority, Louisiana, Revenue Bonds, Ochsner Clinic Foundation Project, Refunding Series 2025A                             | CUSIP: 546399UP9<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1818820.33   | 0.83%             | 2055-05-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Louisiana Local Government Environmental Facilities and Community Development Authority, Louisiana, Revenue Bonds, Ragin' Cajun Facilities Inc.- Athle | Louisiana Local Government Environmental Facilities and Community Development Authority, Louisiana, Revenue Bonds, Ragin' Cajun Facilities Inc.- Athle | CUSIP: 54628CZK1<br>LEI: 5493004WIZ1HV87IVF85 | Long             | DBT              | MUN               | US        |    500000 | PA      | $455494.90    | 0.21%             | 2040-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Livingston Parish School District 1, Louisiana, General Obligation Bonds, Series 2021                                                                  | Livingston Parish School District 1, Louisiana, General Obligation Bonds, Series 2021                                                                  | CUSIP: 538803WY9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    545000 | PA      | $510260.61    | 0.23%             | 2039-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Louisiana Public Facilities Authority, Louisiana, Revenue Bonds, Loyola University of New Orleans Project, Refunding Series 2021                       | Louisiana Public Facilities Authority, Louisiana, Revenue Bonds, Loyola University of New Orleans Project, Refunding Series 2021                       | CUSIP: 546399LK0<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |   1275000 | PA      | $1148893.07   | 0.53%             | 2040-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Louisiana Publc Facilities Authority, Lousiana, Revenue Bonds, Lake Charles College Prep Project, Series 2019A                                         | Louisiana Publc Facilities Authority, Lousiana, Revenue Bonds, Lake Charles College Prep Project, Series 2019A                                         | CUSIP: 546399HY5<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1236814.54   | 0.57%             | 2039-06-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Louisiana Local Government Environmental Facilities and Community Development Authority, Revenue Bonds, Westlake Chemical Corporation Projects, Refund | Louisiana Local Government Environmental Facilities and Community Development Authority, Revenue Bonds, Westlake Chemical Corporation Projects, Refund | CUSIP: 54628CDX7<br>LEI: 5493004WIZ1HV87IVF85 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $948662.30    | 0.44%             | 2032-11-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Louisiana Stadium and Exposition District, Revenue Bonds, Senior Series 2023A                                                                          | Louisiana Stadium and Exposition District, Revenue Bonds, Senior Series 2023A                                                                          | CUSIP: 546410CX7<br>LEI: 5493000QEHWDGVGH7J62 | Long             | DBT              | MUN               | US        |   2325000 | PA      | $2344405.15   | 1.08%             | 2048-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Louisiana Local Government Environmental Facilities and Community Development Authority, Revenue Bonds, Louisiana Tech University Student Housing & Re | Louisiana Local Government Environmental Facilities and Community Development Authority, Revenue Bonds, Louisiana Tech University Student Housing & Re | CUSIP: 5462823B8<br>LEI: 5493004WIZ1HV87IVF85 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1002632.50   | 0.46%             | 2034-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Louisiana Local Government Environmental Facilities and Community Development Authority, Revenue Bonds, McNeese State University Student Parking - Cow | Louisiana Local Government Environmental Facilities and Community Development Authority, Revenue Bonds, McNeese State University Student Parking - Cow | CUSIP: 54628CB68<br>LEI: 5493004WIZ1HV87IVF85 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $717326.90    | 0.33%             | 2042-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Louisiana Local Government Environmental Facilities and Community Development Authority, Revenue Bonds, McNeese State University Student Parking - Cow | Louisiana Local Government Environmental Facilities and Community Development Authority, Revenue Bonds, McNeese State University Student Parking - Cow | CUSIP: 54628CB27<br>LEI: 5493004WIZ1HV87IVF85 | Long             | DBT              | MUN               | US        |    500000 | PA      | $453296.60    | 0.21%             | 2033-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| East Baton Rouge Sewerage Commission, Louisiana, Revenue Bonds, Refunding Series 2019A                                                                 | East Baton Rouge Sewerage Commission, Louisiana, Revenue Bonds, Refunding Series 2019A                                                                 | CUSIP: 270618FQ9<br>LEI: 5493006BC84VNIRSCG97 | Long             | DBT              | MUN               | US        |   1665000 | PA      | $1522091.55   | 0.70%             | 2045-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Shreveport, Louisiana, Water and Sewer Revenue Bonds, Refunding Series 2020B                                                                           | Shreveport, Louisiana, Water and Sewer Revenue Bonds, Refunding Series 2020B                                                                           | CUSIP: 825485XS9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1006671.00   | 0.46%             | 2050-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Guam A.B. Won Pat  International Airport Authority, Revenue Bonds, Series 2024A                                                                        | Guam A.B. Won Pat  International Airport Authority, Revenue Bonds, Series 2024A                                                                        | CUSIP: 40064RFR5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $105306.79    | 0.05%             | 2035-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Louisiana State, General Obligation Bonds, Series 2021A                                                                                                | Louisiana State, General Obligation Bonds, Series 2021A                                                                                                | CUSIP: 546417FB7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    980000 | PA      | $1023899.69   | 0.47%             | 2041-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Louisiana State Correctional Facilities Corporation, Lease Revenue Bonds, Correctional Institution for Women Series 2023                               | Louisiana State Correctional Facilities Corporation, Lease Revenue Bonds, Correctional Institution for Women Series 2023                               | CUSIP: 546458EG1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    725000 | PA      | $670504.58    | 0.31%             | 2041-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Louisiana Local Government Environmental Facilities and Community Development Authority, Revenue Bonds, Nicholls State University Student Recreation C | Louisiana Local Government Environmental Facilities and Community Development Authority, Revenue Bonds, Nicholls State University Student Recreation C | CUSIP: 54628CUB6<br>LEI: 5493004WIZ1HV87IVF85 | Long             | DBT              | MUN               | US        |   2385000 | PA      | $2067102.87   | 0.95%             | 2038-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Guam Economic Development & Commerce Authority, Tobacco Settlement Asset-Backed Bonds, Series 2007A                                                    | Guam Economic Development & Commerce Authority, Tobacco Settlement Asset-Backed Bonds, Series 2007A                                                    | CUSIP: 40064LAA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    595000 | PA      | $575234.70    | 0.26%             | 2032-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Guam Power Authority, Revenue Bonds, Refunding Series 2024A                                                                                            | Guam Power Authority, Revenue Bonds, Refunding Series 2024A                                                                                            | CUSIP: 400653LA7<br>LEI: 549300IPOV320QCKW060 | Long             | DBT              | MUN               | US        |    535000 | PA      | $561244.69    | 0.26%             | 2039-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Louisiana Public Facilities Authority, Louisiana, Revenue Bonds, Loyola University of New Orleans Project, Refunding Series 2021                       | Louisiana Public Facilities Authority, Louisiana, Revenue Bonds, Loyola University of New Orleans Project, Refunding Series 2021                       | CUSIP: 546399LM6<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |   3350000 | PA      | $2688471.82   | 1.23%             | 2051-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Louisiana Local Government Environmental Facilities and Community Development Authority, Revenue Bonds, Louisiana Tech University Student Housing/Inno | Louisiana Local Government Environmental Facilities and Community Development Authority, Revenue Bonds, Louisiana Tech University Student Housing/Inno | CUSIP: 5462824V3<br>LEI: 5493004WIZ1HV87IVF85 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $895110.50    | 0.41%             | 2046-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Industrial, Tourist, Educational, Medical and Environmental Control Facilities Financing Authority, Hospital Revenue Bonds, (Hospital Auxi | Puerto Rico Industrial, Tourist, Educational, Medical and Environmental Control Facilities Financing Authority, Hospital Revenue Bonds, (Hospital Auxi | CUSIP: 74527EFM5<br>LEI: 549300YJRISCG6HQ4512 | Long             | DBT              | MUN               | US        |    310000 | PA      | $325021.14    | 0.15%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lakeshore Villages Master Community Development District, Louisiana, Special Assessment Revenue Bonds, Series 2022                                     | Lakeshore Villages Master Community Development District, Louisiana, Special Assessment Revenue Bonds, Series 2022                                     | CUSIP: 512098AN4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $971438.40    | 0.45%             | 2052-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Colorado High Performance Transportation Enterprise, C-470 Express Lanes Revenue Bonds, Senior Lien Series 2017                                        | Colorado High Performance Transportation Enterprise, C-470 Express Lanes Revenue Bonds, Senior Lien Series 2017                                        | CUSIP: 19648DAC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    785000 | PA      | $752043.35    | 0.35%             | 2051-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Plaquemines Port, Harbor and Terminal District, Facilities Revenue Bonds, NOLA Terminal LLC Project Dock and Wharf Series 2024A                        | Plaquemines Port, Louisiana, Harbor and Terminal District Facilities Revenue Bonds NOLA Terminal LLC Project Dock and Wharf Series 2024A               | CUSIP: 727521AA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $423229.25    | 0.19%             | 2044-12-01      | Fixed         | 9.00%                 | Yes           |                  2 | On Loan: No      |
| Louisiana Local Government Environmental Facilities and Community Development Authority, Louisiana, Revenue Bonds, New Orleans GOMESA Project, Series  | Louisiana Local Government Environmental Facilities and Community Development Authority, Louisiana, Revenue Bonds, New Orleans GOMESA Project, Series  | CUSIP: 54628CUF7<br>LEI: 5493004WIZ1HV87IVF85 | Long             | DBT              | MUN               | US        |    900000 | PA      | $768181.77    | 0.35%             | 2046-11-01      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| Pineville, Louisiana, Utility Revenue Bonds, Series 2022                                                                                               | Pineville, Louisiana, Utility Revenue Bonds, Series 2022                                                                                               | CUSIP: 723376JE0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1505000 | PA      | $1389865.84   | 0.64%             | 2042-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corporation, Sales Tax Revenue Bonds, Restructured 2018A-1                                                             | Puerto Rico Sales Tax Financing Corporation, Sales Tax Revenue Bonds, Restructured 2018A-1                                                             | CUSIP: 74529JQG3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    344000 | PA      | $110435.80    | 0.05%             | 2046-07-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Louisiana Local Government Environmental Facilities and Community Development Authority, Louisiana, Revenue Bonds, Entergy Lousiana, LLC Project, Refu | Louisiana Local Government Environmental Facilities and Community Development Authority, Louisiana, Revenue Bonds, Entergy Lousiana, LLC Project, Refu | CUSIP: 54628CUH3<br>LEI: 5493004WIZ1HV87IVF85 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $811572.40    | 0.37%             | 2036-04-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Louisiana Publc Facilities Authority, Lousiana, Revenue Bonds, Young Audiences Charter School, Series 2019A                                            | Louisiana Publc Facilities Authority, Lousiana, Revenue Bonds, Young Audiences Charter School, Series 2019A                                            | CUSIP: 546399HV1<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $786701.90    | 0.36%             | 2057-04-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Louisiana Public Facilities Authority, Louisiana, Revenue Bonds, Loyola University of New Orleans Project, Series 2023A                                | Louisiana Public Facilities Authority, Louisiana, Revenue Bonds, Loyola University of New Orleans Project, Series 2023A                                | CUSIP: 546399RF5<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |    250000 | PA      | $259915.18    | 0.12%             | 2028-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Shreveport, Louisiana, Water and Sewer Revenue Bonds, Series 2016B                                                                                     | Shreveport, Louisiana, Water and Sewer Revenue Bonds, Series 2016B                                                                                     | CUSIP: 825485VD4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2030875.20   | 0.93%             | 2041-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Louisiana Public Facilities Authority, Solid Waste Disposal Facility Revenue Bonds,  Lousiana Pellets Inc Project, Series 2015                         | Louisiana Public Facilities Authority, Solid Waste Disposal Facility Revenue Bonds,  Lousiana Pellets Inc Project, Series 2015                         | CUSIP: 54640TAG4<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $10.00        | 0.00%             | 2026-07-01      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| Tobacco Settlement Financing Corporation, New Jersey, Tobacco Settlement Asset-Backed Bonds, Series 2018B                                              | Tobacco Settlement Financing Corporation, New Jersey, Tobacco Settlement Asset-Backed Bonds, Series 2018B                                              | CUSIP: 888808HT2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    165000 | PA      | $158404.72    | 0.07%             | 2046-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Cameron Parish School District 15, Louisiana, General Obligtion Bonds, Series 2021                                                                     | Cameron Parish School District 15, Louisiana, General Obligtion Bonds, Series 2021                                                                     | CUSIP: 133565CG4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    265000 | PA      | $254696.61    | 0.12%             | 2037-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New Orleans, Louisiana, General Obligation Bonds, Public Improvement Series 2021A                                                                      | New Orleans, Louisiana, General Obligation Bonds, Public Improvement Series 2021A                                                                      | CUSIP: 64763FYZ6<br>LEI: 54930084B6KHR5PR2651 | Long             | DBT              | MUN               | US        |   1720000 | PA      | $1797044.65   | 0.82%             | 2037-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Virgin Islands Water and Power Authority, Electric System Revenue Bonds, Series 2007B                                                                  | Virgin Islands Water and Power Authority, Electric System Revenue Bonds, Series 2007B                                                                  | CUSIP: 927688FL0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $468948.45    | 0.22%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Louisiana Local Government Environmental Facilities and Community Development Authority, Louisiana, Revenue Bonds, Vermilion Parish GOMESA Project, Gr | Louisiana Local Government Environmental Facilities and Community Development Authority, Louisiana, Revenue Bonds, Vermilion Parish GOMESA Project, Gr | CUSIP: 54628CHV7<br>LEI: 5493004WIZ1HV87IVF85 | Long             | DBT              | MUN               | US        |   1460000 | PA      | $1460499.32   | 0.67%             | 2038-11-01      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| Louisiana Publc Facilities Authority, Lousiana, Revenue Bonds, Ochsner Clinic Foundation Project, Refunding Series 2017                                | Louisiana Publc Facilities Authority, Lousiana, Revenue Bonds, Ochsner Clinic Foundation Project, Refunding Series 2017                                | CUSIP: 546399CN4<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3000075.30   | 1.38%             | 2042-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Louisiana Local Government Environmental Facilities and Community Development Authority, Revenue Bonds, The Glen Retirement System Project, Series 201 | Louisiana Local Government Environmental Facilities and Community Development Authority, Revenue Bonds, The Glen Retirement System Project, Series 201 | CUSIP: 54628DAK6<br>LEI: 5493004WIZ1HV87IVF85 | Long             | DBT              | MUN               | US        |   2800000 | PA      | $1942943.24   | 0.89%             | 2049-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tangipahoa Water District, Tangipahoa, Louisiana, Water Revenue Bonds, Refunding Series 2024                                                           | Tangipahoa Water District, Tangipahoa, Louisiana, Water Revenue Bonds, Refunding Series 2024                                                           | CUSIP: 875682HL3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $866381.50    | 0.40%             | 2044-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Louisiana Local Government Environmental Facilities and Community Development Authority, Louisiana, Revenue Bonds, Saint John the Baptist Parish GOMES | Louisiana Local Government Environmental Facilities and Community Development Authority, Louisiana, Revenue Bonds, Saint John the Baptist Parish GOMES | CUSIP: 54628CJE3<br>LEI: 5493004WIZ1HV87IVF85 | Long             | DBT              | MUN               | US        |     80000 | PA      | $67788.65     | 0.03%             | 2044-11-01      | Fixed         | 3.90%                 | Yes           |                  2 | On Loan: No      |
| Louisiana Local Government Environmental Facilities and Community Development Authority, Louisiana, Revenue Bonds, Womans Hospital Foundation Project, | Louisiana Local Government Environmental Facilities and Community Development Authority, Louisiana, Revenue Bonds, Womans Hospital Foundation Project, | CUSIP: 54628CAS1<br>LEI: 5493004WIZ1HV87IVF85 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1782495.80   | 0.82%             | 2041-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Calcasieu Parish Memorial Hospital Service District, Louisiana, Revenue Bonds, Lake Charles Memorial Hospital, Refunding Series 2019                   | Calcasieu Parish Memorial Hospital Service District, Louisiana, Revenue Bonds, Lake Charles Memorial Hospital, Refunding Series 2019                   | CUSIP: 128423EX4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    715000 | PA      | $713249.32    | 0.33%             | 2034-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Louisiana Local Government Environmental Facilities and Community Development Authority, Louisiana, Revenue Bonds, Jefferson Parish GOMESA Project, Se | Louisiana Local Government Environmental Facilities and Community Development Authority, Louisiana, Revenue Bonds, Jefferson Parish GOMESA Project, Se | CUSIP: 54628CJC7<br>LEI: 5493004WIZ1HV87IVF85 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2578608.00   | 1.18%             | 2044-11-01      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| Ascension Parish Industrial development Board, Louisiana, Revenue Bonds, Impala Warehousing (US) LLC Project, Series 2013                              | Ascension Parish Industrial development Board, Louisiana, Revenue Bonds, Impala Warehousing (US) LLC Project, Series 2013                              | CUSIP: 04350RAF5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1225000 | PA      | $1225239.98   | 0.56%             | 2036-07-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Louisiana Public Facilities Authority, Dock and Wharf Revenue Bonds, Impala Warehousing (US) LLC Project, Series 2013                                  | Louisiana Public Facilities Authority, Dock and Wharf Revenue Bonds, Impala Warehousing (US) LLC Project, Series 2013                                  | CUSIP: 54639UAA7<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |   1185000 | PA      | $1185208.56   | 0.54%             | 2036-07-01      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| New Orleans Aviation Board, Louisiana, General Airport Revenue Bonds, Gilf Opportunity Zone Project, Refunding Series 2019                             | New Orleans Aviation Board, Louisiana, General Airport Revenue Bonds, Gilf Opportunity Zone Project, Refunding Series 2019                             | CUSIP: 64763HKB0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $972029.60    | 0.45%             | 2038-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Saint Tammany Parish Hospital Service District 1, Louisiana, Hospital Revenue Bonds, St. Tammany Parish Hospital Project, Refunding Series 2018A       | Saint Tammany Parish Hospital Service District 1, Louisiana, Hospital Revenue Bonds, St. Tammany Parish Hospital Project, Refunding Series 2018A       | CUSIP: 793556CH2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1715000 | PA      | $1746956.28   | 0.80%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Shreveport, Louisiana, Water and Sewer Revenue Bonds, Junior Lien Series 2019B                                                                         | Shreveport, Louisiana, Water and Sewer Revenue Bonds, Junior Lien Series 2019B                                                                         | CUSIP: 825485XQ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    365000 | PA      | $308434.64    | 0.14%             | 2049-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Saint Tammany Parish Hospital Service District 2, Louisiana, Hospital Revenue Bonds, Series 2021                                                       | Saint Tammany Parish Hospital Service District 2, Louisiana, Hospital Revenue Bonds, Series 2021                                                       | CUSIP: 79353PHT1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1305000 | PA      | $1269995.46   | 0.58%             | 2038-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Louisiana Local Government Environmental Facilities and Community Development Authority, Louisiana, Revenue Bonds, Ragin' Cajun Facilities Inc.- Stude | Louisiana Local Government Environmental Facilities and Community Development Authority, Louisiana, Revenue Bonds, Ragin' Cajun Facilities Inc.- Stude | CUSIP: 54628CXR8<br>LEI: 5493004WIZ1HV87IVF85 | Long             | DBT              | MUN               | US        |   1030000 | PA      | $1002484.58   | 0.46%             | 2039-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Louisiana Public Facilities Authority, Lease Revenue Bonds, Provident Group-Flagship Properties LLC - Louisiana State University Nicolson Gateway Proj | Louisiana Public Facilities Authority, Lease Revenue Bonds, Provident Group-Flagship Properties LLC - Louisiana State University Nicolson Gateway Proj | CUSIP: 54639TBT8<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |   6000000 | PA      | $5783162.40   | 2.65%             | 2051-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Orleans, Louisiana, General Obligation Bonds, Refunding Series 2022                                                                                | New Orleans, Louisiana, General Obligation Bonds, Refunding Series 2022                                                                                | CUSIP: 64763FE54<br>LEI: 54930084B6KHR5PR2651 | Long             | DBT              | MUN               | US        |   1835000 | PA      | $1960528.13   | 0.90%             | 2038-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Louisiana Public Facilities Authority, Hospital Revenue Bonds, Louisiana Children's Medical Center Hospital, Series 2020A                              | Louisiana Public Facilities Authority, Hospital Revenue Bonds, Louisiana Children's Medical Center Hospital, Series 2020A                              | CUSIP: 546395V43<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |    300000 | PA      | $238916.34    | 0.11%             | 2050-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Jefferson Sales Tax District, Jefferson Parish, Louisiana, Special Sales Tax Revenue Bonds, Series 2017B                                               | Jefferson Sales Tax District, Jefferson Parish, Louisiana, Special Sales Tax Revenue Bonds, Series 2017B                                               | CUSIP: 474176KM5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3020039.70   | 1.39%             | 2042-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Louisiana Public Facilities Authority, Louisiana, Revenue Bonds, Jefferson Rise Charter School Project, Series 2022A                                   | Louisiana Public Facilities Authority, Louisiana, Revenue Bonds, Jefferson Rise Charter School Project, Series 2022A                                   | CUSIP: 546399PN0<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |    540000 | PA      | $521563.81    | 0.24%             | 2062-06-01      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: No      |
| Guam A.B. Won Pat  International Airport Authority, Revenue Bonds, Series 2024A                                                                        | Guam A.B. Won Pat  International Airport Authority, Revenue Bonds, Series 2024A                                                                        | CUSIP: 40064RFT1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    175000 | PA      | $182527.61    | 0.08%             | 2037-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New Orleans, Louisiana, Sewerage Service Revenue Bonds, Series 2020B                                                                                   | New Orleans, Louisiana, Sewerage Service Revenue Bonds, Series 2020B                                                                                   | CUSIP: 647719PU1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1085000 | PA      | $1066847.73   | 0.49%             | 2045-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port New Orleans Board of Commissioners, Louisiana, Revenue Bonds, Port Facilities, AMT Series 2025B                                                   | Port New Orleans Board of Commissioners, Louisiana, Revenue Bonds, Port Facilities, AMT Series 2025B                                                   | CUSIP: 734782EC5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1029601.70   | 0.47%             | 2054-04-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority of Wisconsin, Limited Obligation PILOT Revenue Bonds, American Dream @ Meadowlands Project, Series 2017                       | Public Finance Authority of Wisconsin, Limited Obligation PILOT Revenue Bonds, American Dream @ Meadowlands Project, Series 2017                       | CUSIP: 74446HAA7<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    365000 | PA      | $354272.98    | 0.16%             | 2027-12-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Louisiana Publc Facilities Authority, Lousiana, Revenue Bonds, Young Audiences Charter School, Series 2019A                                            | Louisiana Publc Facilities Authority, Lousiana, Revenue Bonds, Young Audiences Charter School, Series 2019A                                            | CUSIP: 546399HT6<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |   1680000 | PA      | $1496945.86   | 0.69%             | 2039-04-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Louisiana Housing Finance Agency, Multifamily Housing Revenue Bonds, Mallard Crossings Apartments, Series 2011                                         | Louisiana Housing Finance Agency, Multifamily Housing Revenue Bonds, Mallard Crossings Apartments, Series 2011                                         | CUSIP: 54626XBD9<br>LEI: 549300VL35TBE7RSJH61 | Long             | DBT              | MUN               | US        |   1795000 | PA      | $1795761.08   | 0.82%             | 2029-10-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Louisiana Local Government Environmental Facilities and Community Development Authority, Louisiana, Revenue Bonds, Ragin' Cajun Facilities Inc.- Athle | Louisiana Local Government Environmental Facilities and Community Development Authority, Louisiana, Revenue Bonds, Ragin' Cajun Facilities Inc.- Athle | CUSIP: 54628CZM7<br>LEI: 5493004WIZ1HV87IVF85 | Long             | DBT              | MUN               | US        |    720000 | PA      | $644155.27    | 0.30%             | 2042-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Louisiana Public Facilities Authority, Lease Revenue Bonds, Provident Group-Flagship Properties LLC - Louisiana State University GreenHouse District P | Louisiana Public Facilities Authority, Lease Revenue Bonds, Provident Group-Flagship Properties LLC - Louisiana State University GreenHouse District P | CUSIP: 54639TCH3<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1496676.30   | 0.69%             | 2047-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Louisiana Public Facilities Authority, Lease Revenue Bonds, Provident Group-Flagship Properties LLC - Louisiana State University Nicolson Gateway Proj | Louisiana Public Facilities Authority, Lease Revenue Bonds, Provident Group-Flagship Properties LLC - Louisiana State University Nicolson Gateway Proj | CUSIP: 54639TBS0<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1454325.00   | 0.67%             | 2046-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Louisiana Local Government Environmental Facilities and Community Development Authority, Revenue Bonds, Louisiana Tech University Student Housing/Inno | Louisiana Local Government Environmental Facilities and Community Development Authority, Revenue Bonds, Louisiana Tech University Student Housing/Inno | CUSIP: 546282VS0<br>LEI: 5493004WIZ1HV87IVF85 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2004509.40   | 0.92%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Board of Commissioners of the Port of New Orleans Port Facility Revenue Bonds, Series 2020 D (Non-AMT) and Series 2020E (AMT)                          | Board of Commissioners of the Port of New Orleans Port Facility Revenue Bonds, Louisiana, Series 2020 D (Non-AMT) and Series 2020E (AMT)               | CUSIP: 734782DB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2001775.60   | 0.92%             | 2050-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Orleans Aviation Board, Louisiana, General Airport Revenue Bonds, Gilf Opportunity Zone Project, Refunding Series 2019                             | New Orleans Aviation Board, Louisiana, General Airport Revenue Bonds, Gilf Opportunity Zone Project, Refunding Series 2019                             | CUSIP: 64763HKA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $197760.28    | 0.09%             | 2037-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Terrebonne Parish Hospital Service District 1, Louisiana, Hospital Revenue Bonds, Terrebonne General Medical Center, Refunding Series 2013             | Terrebonne Parish Hospital Service District 1, Louisiana, Hospital Revenue Bonds, Terrebonne General Medical Center, Refunding Series 2013             | CUSIP: 881221EN1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1085000 | PA      | $1083178.07   | 0.50%             | 2033-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Guam A.B. Won Pat  International Airport Authority, Revenue Bonds, Series 2024A                                                                        | Guam A.B. Won Pat  International Airport Authority, Revenue Bonds, Series 2024A                                                                        | CUSIP: 40064RFW4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $102827.72    | 0.05%             | 2040-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Louisiana Housing Corporation, Single Family Mortgage Revenue Bonds, Home Ownership Program, Series 2020B                                              | Louisiana Housing Corporation, Single Family Mortgage Revenue Bonds, Home Ownership Program, Series 2020B                                              | CUSIP: 54627DFK2<br>LEI: 549300VL35TBE7RSJH61 | Long             | DBT              | MUN               | US        |   1285000 | PA      | $1275309.17   | 0.59%             | 2050-06-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Louisiana Local Government Environmental Facilities and Community Development Authority, Louisiana, Revenue Bonds, East Baton Rouge Sewerage Commissio | Louisiana Local Government Environmental Facilities and Community Development Authority, Louisiana, Revenue Bonds, East Baton Rouge Sewerage Commissio | CUSIP: 54628CZ54<br>LEI: 5493004WIZ1HV87IVF85 | Long             | DBT              | MUN               | US        |   1525000 | PA      | $1601266.01   | 0.73%             | 2041-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Saint Charles Parish School Board, Louisiana, Sales & Use Tax Bonds, Series 2019                                                                       | Saint Charles Parish School Board, Louisiana, Sales & Use Tax Bonds, Series 2019                                                                       | CUSIP: 788073EA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    680000 | PA      | $652332.70    | 0.30%             | 2039-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Louisiana Public Facilities Authority, Louisiana, Revenue Bonds, Jefferson Rise Charter School Project, Series 2022A                                   | Louisiana Public Facilities Authority, Louisiana, Revenue Bonds, Jefferson Rise Charter School Project, Series 2022A                                   | CUSIP: 546399PM2<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |    500000 | PA      | $483035.90    | 0.22%             | 2052-06-01      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| Saint James Parish, Louisiana, Revenue Bonds, NuStar Logistics, L.P. Project, Series 2008                                                              | Saint James Parish, Louisiana, Revenue Bonds, NuStar Logistics, L.P. Project, Series 2008                                                              | CUSIP: 790103AU9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2127705.60   | 0.98%             | 2038-06-01      | Fixed         | 6.10%                 | Yes           |                  2 | On Loan: No      |
| Louisiana Publc Facilities Authority, Lousiana, Revenue Bonds, Tulane University, Refunding Series 2017A                                               | Louisiana Publc Facilities Authority, Lousiana, Revenue Bonds, Tulane University, Refunding Series 2017A                                               | CUSIP: 546399EQ5<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |    220000 | PA      | $228801.87    | 0.10%             | 2030-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TSASC Inc., New York, Tobacco Asset-Backed Bonds, Series 2006                                                                                          | TSASC Inc., New York, Tobacco Asset-Backed Bonds, Series 2006                                                                                          | CUSIP: 898526FR4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1160000 | PA      | $1013696.51   | 0.47%             | 2048-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Saint James Parish, Louisiana, Revenue Bonds, NuStar Logistics, L.P. Project, Series 2010B                                                             | Saint James Parish, Louisiana, Revenue Bonds, NuStar Logistics, L.P. Project, Series 2010B                                                             | CUSIP: 790103AX3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    205000 | PA      | $218126.31    | 0.10%             | 2040-12-01      | Fixed         | 6.10%                 | Yes           |                  2 | On Loan: No      |
| Louisiana Local Government Environmental Facilities and Community Development Authority, Louisiana, Revenue Bonds, Womans Hospital Foundation Project, | Louisiana Local Government Environmental Facilities and Community Development Authority, Louisiana, Revenue Bonds, Womans Hospital Foundation Project, | CUSIP: 54628CAT9<br>LEI: 5493004WIZ1HV87IVF85 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2971528.80   | 1.36%             | 2041-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority, Colorado, Revenue Bonds, CommonSpirit Health, Series 2019A-2                                                     | Colorado Health Facilities Authority, Colorado, Revenue Bonds, CommonSpirit Health, Series 2019A-2                                                     | CUSIP: 19648FKR4<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |    390000 | PA      | $395017.55    | 0.18%             | 2039-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Industrial, Tourist, Educational, Medical and Environmental Control Facilities Financing Authority, Hospital Revenue Bonds, (Hospital Auxi | Puerto Rico Industrial, Tourist, Educational, Medical and Environmental Control Facilities Financing Authority, Hospital Revenue Bonds, (Hospital Auxi | CUSIP: 74527EFN3<br>LEI: 549300YJRISCG6HQ4512 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1044656.20   | 0.48%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-05-31

**Name of Applicant:** Nuveen Multistate Trust III

**Signature:** Gina Spunder

**Name of Signer:** Gina Spunder

**Title:** Director, Fund Financial Reporting