# EDGAR Filing Document

**Accession Number:** 0001388485
**File Stem:** 0000940400-26-020823
**Filing Date:** 2026-5
**Character Count:** 194597
**Document Hash:** 88c4d47eccab3e0a38c034e0877ec860
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000940400-26-020823.hdr.sgml**: 20260526

**ACCESSION NUMBER**: 0000940400-26-020823

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260526

**DATE AS OF CHANGE**: 20260526

**PERIOD START**: 20260930

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** FundVantage Trust
- **CENTRAL INDEX KEY:** 0001388485

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22027
- **FILM NUMBER:** 261017939

**BUSINESS ADDRESS:**
- **STREET 1:** 103 BELLEVUE PARKWAY
- **CITY:** WILMINGTON
- **STATE:** DE
- **ZIP:** 19809
- **BUSINESS PHONE:** 3027911906

**MAIL ADDRESS:**
- **STREET 1:** 103 BELLEVUE PARKWAY
- **CITY:** WILMINGTON
- **STATE:** DE
- **ZIP:** 19809

## Series and Classes Contracts Data

### Ambrus Tax-Conscious California Bond Fund (Series ID: S000077407)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000237820 | Institutional Class | TCCBX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** FundVantage Trust

- **b. Investment Company Act file number:** 811-22027

- **c. CIK number of Registrant:** 0001388485

- **d. LEI of Registrant:** 549300C6U7XKIL1IY249

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

  - **Street Address 1:** 103 Bellevue Parkway

  - **City:** Wilmington

  - **State:** DE

  - **Foreign country:** US

  - **Zip / Postal Code:** 19809

  - **Telephone number:** 856-528-3500

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

- **a. Name of Series:** Ambrus Tax-Conscious California Bond Fund

- **b. EDGAR series identifier (if any):** S000077407

- **c. LEI of Series:** 549300SZTIT6KIHGNK80

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

- **a. Date of fiscal year-end:** 2026-09-30

- **b. Date as of which information is reported:** 2026-03-31

**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:** $493345487.43

**Total Liabilities:** $7018963.77

**Net Assets:** $486326523.66

**Delayed Delivery Securities:** $1103892.40

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 939.93178000 | **1-Year:** 15727.78552000 | **5-Year:** 115727.77529000 | **10-Year:** 134158.42488000 | **30-Year:** 1622.34109000

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

- **3-Month:** 0.00000000 | **1-Year:** 313.73839000 | **5-Year:** 325.38832000 | **10-Year:** 291.00816000 | **30-Year:** 0.00000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000237820 | 0.49%                | 0.87%                | -1.26%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-213496.33              | $1008599.31                                |
| Month 2  | $520599.66               | $2455335.05                                |
| Month 3  | $1328.85                 | $-7742387.05                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| CHOWCHILLA CA ELEM SCH DIST                                               | Chowchilla Elementary School District                                                                                                                  | CUSIP: 170468AU6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    580000 | PA      | $583251.89    | 0.12%             | 2043-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST ENTERPRISE DEV A                                            | California Enterprise Development Authority                                                                                                            | CUSIP: 13067VAN4<br>LEI: 549300544P6FSHU1HB46 | Long             | DBT              | MUN               | US        |    215000 | PA      | $221552.83    | 0.05%             | 2034-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LAKE ELSINORE CA SPL TAX                                                  | City of Lake Elsinore CA                                                                                                                               | CUSIP: 50963NWG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $103879.95    | 0.02%             | 2039-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST MUNI FIN AUTH RE                                            | California Municipal Finance Authority                                                                                                                 | CUSIP: 13048VX78<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1126295.94   | 0.23%             | 2054-09-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CA UNIF SCH DIST                                              | Los Angeles Unified School District/CA                                                                                                                 | CUSIP: 5446465A6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1220000 | PA      | $1193097.29   | 0.25%             | 2032-07-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA HSG FIN AGY                                                    | CA CASMFH 11/01/2029                                                                                                                                   | CUSIP: 13034DBE3<br>LEI: 549300BOPCVLBA552Z14 | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1192112.40   | 0.25%             | 2029-11-01      | Variable      | 2.75%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST PUB WKS BRD                                                 | CA CASFAC 5 09/01/2046                                                                                                                                 | CUSIP: 13068XTE9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $426660.88    | 0.09%             | 2046-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CA DEPT OF WTR & P                                            | Los Angeles Department of Water & Power Water System Revenue                                                                                           | CUSIP: 544525S82<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1045000 | PA      | $1106379.43   | 0.23%             | 2042-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK CITY NY HSG DEV CORP                                             | New York City Housing Development Corp                                                                                                                 | CUSIP: 64972E2K4<br>LEI: 549300SQWVHKBRF8D702 | Long             | DBT              | MUN               | US        |    345000 | PA      | $348261.70    | 0.07%             | 2028-11-01      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc.                                                            | C V6.625 PERP                                                                                                                                          | CUSIP: 172967QJ3<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $2998043.10   | 0.62%             | N/A             | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA HEALTH FACS FING AUTH                                          | CA CASMED 5 11/15/2048                                                                                                                                 | CUSIP: 13032UNY0<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |     25000 | PA      | $25131.37     | 0.01%             | 2048-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ANTIOCH CA UNIF SCH DIST                                                  | Antioch Unified School District                                                                                                                        | CUSIP: 037105KS1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    635000 | PA      | $634986.47    | 0.13%             | 2040-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SAN FRANCISCO CA CITY &CNTY AR                                            | San Francisco City & County Airport Comm-San Francisco International Airport                                                                           | CUSIP: 79766DMD8<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |   6675000 | PA      | $6831144.94   | 1.40%             | 2049-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA STATEWIDE CMNTYS DEV AUTH                                      | CA CASGEN 5 08/01/2029                                                                                                                                 | CUSIP: 13080STW4<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |    300000 | PA      | $308825.52    | 0.06%             | 2029-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SPDR Series Trust                                                         | SPDR Series Trust STATE STREET SPDR PORTFOLIO HIGH YIELD BOND ETF                                                                                      | CUSIP: 78468R606<br>LEI: 5493004JVD6CQEEJSS37 | Long             | EC               | RF                | US        |    200000 | NS      | $4664000.00   | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| CALIFORNIA ST HLTH FACS FING A                                            | California Health Facilities Financing Authority                                                                                                       | CUSIP: 13032UHC5<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |      5000 | PA      | $5011.02      | 0.00%             | 2027-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SACRAMENTO CA TRANSIENT OCCUPA                                            | City of Sacramento CA Transient Occupancy Tax Revenue                                                                                                  | CUSIP: 786073BR6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    680000 | PA      | $699760.39    | 0.14%             | 2043-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CALIF DEPT WTR & PWR                                          | CA LOSUTL 5 07/01/2044                                                                                                                                 | CUSIP: 544525WJ3<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |   3250000 | PA      | $3271672.30   | 0.67%             | 2044-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA MUN FIN AUTH                                                   | CA CASMED 5 06/01/2033                                                                                                                                 | CUSIP: 130493CT4<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    420000 | PA      | $457454.09    | 0.09%             | 2033-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA CMNTY CHOICE FING AUTH                                         | CA CCEDEV 02/01/2052                                                                                                                                   | CUSIP: 13013JAP1<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   3755000 | PA      | $3749632.23   | 0.77%             | 2052-02-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| UNIV OF SOUTH CAROLINA SC HGRE                                            | University of South Carolina                                                                                                                           | CUSIP: 913367FN3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2380000 | PA      | $2480014.03   | 0.51%             | 2046-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GOLDEN ST TOBACCO SECURITIZATI                                            | Golden State Tobacco Securitization Corp                                                                                                               | CUSIP: 38122ND25<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2875000 | PA      | $2615495.89   | 0.54%             | 2031-06-01      | Fixed         | 2.79%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA STATEWIDE CMNTYS DEV AUTH                                      | CA CASGEN 5 01/01/2048                                                                                                                                 | CUSIP: 13081KAX8<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   5485000 | PA      | $5544362.51   | 1.14%             | 2048-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc.                                                            | C V6.875 PERP GG                                                                                                                                       | CUSIP: 17327CBC6<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |   1525000 | PA      | $1536425.30   | 0.32%             | N/A             | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| W SONOMA CNTY CA UNION HIGH SC                                            | West Sonoma County Union High School District                                                                                                          | CUSIP: 956101JV2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $752089.10    | 0.15%             | 2045-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LANCASTER CA REDEV AGY SUCCESS                                            | Lancaster Redevelopment Agency Successor Agency                                                                                                        | CUSIP: 513802DX3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    470000 | PA      | $455469.48    | 0.09%             | 2033-08-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA STWD CMNTYS DEV AUT                                            | California Statewide Communities Development Authority                                                                                                 | CUSIP: 13080SJN5<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   1015000 | PA      | $1015129.62   | 0.21%             | 2034-03-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| IMPERIAL CALIF CMNTY COLLEGE DIST                                         | CA IMRHGR 5.25 08/01/2053                                                                                                                              | CUSIP: 452641LM3<br>LEI: 549300VO268A8SG7J029 | Long             | DBT              | MUN               | US        |    920000 | PA      | $964849.45    | 0.20%             | 2053-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| SANTA CRUZ CITY CA ELEM SCH DI                                            | Santa Cruz City Elementary School District                                                                                                             | CUSIP: 801716JQ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    695000 | PA      | $570222.48    | 0.12%             | 2036-08-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| UNIV OF AKRON OH                                                          | University of Akron/The                                                                                                                                | CUSIP: 914023LQ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1102994.75   | 0.23%             | 2038-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| IRVINE CALIF FACS FING AUTH                                               | CA IRGFAC 5.25 05/01/2043                                                                                                                              | CUSIP: 46360XAN4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2275000 | PA      | $2277694.74   | 0.47%             | 2043-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| TRUSTEES OF THE CALIFORNIA STATE UNIVERSITY (CA)                          | CA CASHGR 5 11/01/2043                                                                                                                                 | CUSIP: 13077DYD8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $25029.17     | 0.01%             | 2043-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LIVE OAK CA ELEM SCH DIST SANT                                            | Live Oak Elementary School District/Santa Cruz County                                                                                                  | CUSIP: 538038AP5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    340000 | PA      | $360165.37    | 0.07%             | 2044-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK CITY NY TRANSITIONAL                                             | New York City Transitional Finance Authority Future Tax Secured Revenue                                                                                | CUSIP: 64971XX86<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1370000 | PA      | $1420328.05   | 0.29%             | 2045-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA PUBLIC FINANCE AUTHORITY (CA)                                  | CA CASGEN 5 07/15/2046                                                                                                                                 | CUSIP: 13057EFN9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3150000 | PA      | $3310632.99   | 0.68%             | 2046-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SELMA CA UNIF SCH DIST                                                    | Selma Unified School District                                                                                                                          | CUSIP: 816547JM6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    430000 | PA      | $449241.12    | 0.09%             | 2048-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| WHITTIER CA UNION HIGH SCH DIS                                            | Whittier Union High School District                                                                                                                    | CUSIP: 966782SP0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    570000 | PA      | $472633.85    | 0.10%             | 2031-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| RANCHO CORDOVA CMNTY FACS DIST CALIF                                      | CA RCRFAC 5 09/01/2044                                                                                                                                 | CUSIP: 75211RTY3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    175000 | PA      | $186272.19    | 0.04%             | 2044-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UNIV OF CALIFORNIA CA REVENUES                                            | University of California                                                                                                                               | CUSIP: 91412HYE7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    445000 | PA      | $479570.49    | 0.10%             | 2046-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COACHELLA VLY CA UNIF SCH DIST                                            | Coachella Valley Unified School District/CA                                                                                                            | CUSIP: 189852EW2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $50023.93     | 0.01%             | 2028-09-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| NEW YORK N Y CITY HSG DEV CORP                                            | NY NYCMFH 11/01/2062                                                                                                                                   | CUSIP: 64972E3D9<br>LEI: 549300SQWVHKBRF8D702 | Long             | DBT              | MUN               | US        |    350000 | PA      | $350133.42    | 0.07%             | 2062-11-01      | Variable      | 3.40%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CA DEPT OF WTR & P                                            | Los Angeles Department of Water & Power Water System Revenue                                                                                           | CUSIP: 544525P69<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    795000 | PA      | $845826.18    | 0.17%             | 2039-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LAKE ELSINORE CA SPL TAX                                                  | City of Lake Elsinore CA                                                                                                                               | CUSIP: 50963NWL9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $53401.72     | 0.01%             | 2035-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| VICTOR VLY CA TRANSPRTN AUTH C                                            | Victor Valley Transit Authority                                                                                                                        | CUSIP: 926057BP4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $20131.59     | 0.00%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST MUNI FIN AUTH RE                                            | California Municipal Finance Authority                                                                                                                 | CUSIP: 13048VYW2<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    420000 | PA      | $446662.36    | 0.09%             | 2031-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| RANCHO CORDOVA CA CMNTY FACS D                                            | City of Rancho Cordova CA                                                                                                                              | CUSIP: 75211RSW8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    155000 | PA      | $165163.54    | 0.03%             | 2033-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GOLDEN ST TOBACCO SECURITIZATI                                            | Golden State Tobacco Securitization Corp                                                                                                               | CUSIP: 38122NC91<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    305000 | PA      | $282556.12    | 0.06%             | 2030-06-01      | Fixed         | 2.69%                 | No            |                  2 | On Loan: No      |
| SAN DIEGO CA UNIF SCH DIST                                                | San Diego Unified School District/CA                                                                                                                   | CUSIP: 7973555Y6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2020000 | PA      | $2048770.86   | 0.42%             | 2047-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                                            | Morgan Stanley DEPOSITARY SHARES OF MONGAN STANLEY, EACH REPRESENTING A 1/1000TH INTEREST IN A FIXED-TO-FLOATING RATE NON-CUMULATIVE PREFERRED STOCK,  | CUSIP: 61763E207<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | EP               | CORP              | US        |     41519 | NS      | $1040050.95   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| POMONA CA REVENUE                                                         | City of Pomona CA                                                                                                                                      | CUSIP: 73209GAG5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    585000 | PA      | $590086.22    | 0.12%             | 2047-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| VACAVILLE CA UNIF SCH DIST                                                | Vacaville Unified School District                                                                                                                      | CUSIP: 918608TJ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    785000 | PA      | $789768.88    | 0.16%             | 2042-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ALBANY CA UNIF SCH DIST                                                   | Albany Unified School District                                                                                                                         | CUSIP: 012104RN7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1005707.10   | 0.21%             | 2043-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SAN JOSE CA MF HSG REVENUE                                                | City of San Jose CA                                                                                                                                    | CUSIP: 798165LL8<br>LEI: 549300QHIHSH68W22O38 | Long             | DBT              | MUN               | US        |   2975000 | PA      | $2999259.34   | 0.62%             | 2035-10-01      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA INFRASTRUCTURE & ECONOMIC DEV BK                               | CA CASDEV 5 08/01/2049                                                                                                                                 | CUSIP: 13034RAU7<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |   4555000 | PA      | $4661676.28   | 0.96%             | 2049-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GOLETA CA UNION SCH DIST                                                  | Goleta Union School District                                                                                                                           | CUSIP: 381623HB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    570000 | PA      | $605961.93    | 0.12%             | 2047-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST MUNI FIN AUTH RE                                            | California Municipal Finance Authority                                                                                                                 | CUSIP: 13048VMH8<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    500000 | PA      | $516352.55    | 0.11%             | 2044-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| EL RANCHO CA UNIF SCH DIST                                                | El Rancho Unified School District                                                                                                                      | CUSIP: 283839VE5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3935000 | PA      | $2961279.53   | 0.61%             | 2034-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| SANTA RITA CA UNION SCH DIST S                                            | Santa Rita Union Elementary School District Sch Facs Improvement Dist No 2022-1                                                                        | CUSIP: 802561AN0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1050000 | PA      | $1110635.61   | 0.23%             | 2048-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pimco Senior Loan Active Exchange-Traded Fund                             | Pimco Senior Loan Active Exchange-Traded Fund                                                                                                          | CUSIP: 72201R627<br>LEI: 5493004M9TBGFQUJ6D27 | Long             | EC               | RF                | US        |     98776 | NS      | $4877499.61   | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| RANCHO CORDOVA CMNTY FACS DIST CALIF                                      | CA RCRFAC 5 09/01/2043                                                                                                                                 | CUSIP: 75211RTX5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $214418.08    | 0.04%             | 2043-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WASHINGTON TWP CA HLTH CARE DI                                            | Washington Township Health Care District                                                                                                               | CUSIP: 940642DZ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     90000 | PA      | $90320.08     | 0.02%             | 2029-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| INGLEWOOD CA UNIF SCH DIST                                                | Inglewood Unified School District                                                                                                                      | CUSIP: 457110LJ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1505000 | PA      | $1512745.33   | 0.31%             | 2038-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| RANCHO CORDOVA CA CMNTY FACS D                                            | City of Rancho Cordova CA                                                                                                                              | CUSIP: 75211RSQ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $51331.53     | 0.01%             | 2027-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GOLDEN STATE TOBACCO SECURITIZATION CORP                                  | CA GLDGEN 5 06/01/2051                                                                                                                                 | CUSIP: 38122ND90<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1960295.60   | 0.40%             | 2051-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FREMONT CA UNIF SCH DIST ALAME                                            | Fremont Unified School District/Alameda County CA                                                                                                      | CUSIP: 3571547M9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1875000 | PA      | $1874940.56   | 0.39%             | 2040-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MINNESOTA MUN GAS AGY                                                     | MN MGAUTL 5 09/01/2035                                                                                                                                 | CUSIP: 60406XAJ0<br>LEI: 549300SISI6N1C6S3136 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1031178.50   | 0.21%             | 2035-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NORCO CA CMNTY REDEV AGY SUCCE                                            | Norco Community Redevelopment Agency Successor Agency                                                                                                  | CUSIP: 655505AT2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    620000 | PA      | $620021.51    | 0.13%             | 2028-03-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CA UNIF SCH DIST                                              | Los Angeles Unified School District/CA                                                                                                                 | CUSIP: 5446463Z3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2936196.90   | 0.60%             | 2040-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| COLUMBIA CNTY OR SCH DIST #502                                            | Columbia County School District No 502                                                                                                                 | CUSIP: 197558GJ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1032939.20   | 0.21%             | 2045-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Dreyfus Government Cash Management Funds                                  | Dreyfus Government Cash Management Funds SH BEN INT                                                                                                    | CUSIP: 262006208<br>LEI: 5493000Q69I5Q3QZIA91 | Long             | STIV             | RF                | US        |   5257529 | NS      | $5257528.74   | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| CALIFORNIA EDUCATIONAL FACILITIES AUTHORITY (CA)                          | CA CASEDU 5 04/01/2047                                                                                                                                 | CUSIP: 130179JF2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $25070.64     | 0.01%             | 2047-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SAN FRANCISCO CALIF CITY & CNTY ARPTS COMMN                               | CA SFOAPT 5 05/01/2047                                                                                                                                 | CUSIP: 79766DRK7<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |   1785000 | PA      | $1785715.79   | 0.37%             | 2047-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CENTRAL VY ENERGY AUTH CALIF                                              | CA CTVPWR 5 08/01/2034                                                                                                                                 | CUSIP: 15569DAG7<br>LEI: 254900G5IPQ9MA3FRJ55 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1052637.00   | 0.22%             | 2034-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KERN CA HIGH SCH DIST                                                     | Kern High School District                                                                                                                              | CUSIP: 492246QL0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $98697.47     | 0.02%             | 2027-08-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES HOUSING AUTHORITY (CA)                                        | CA LOSMFH 02/01/2029                                                                                                                                   | CUSIP: 544562CS8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1004875.80   | 0.21%             | 2029-02-01      | Variable      | 3.25%                 | No            |                  2 | On Loan: No      |
| ALHAMBRA CA UNIF SCH DIST                                                 | Alhambra Unified School District                                                                                                                       | CUSIP: 016059JR9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    705000 | PA      | $749479.23    | 0.15%             | 2047-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| RANCHO CORDOVA CA CMNTY FACS D                                            | City of Rancho Cordova CA                                                                                                                              | CUSIP: 75211RSZ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    115000 | PA      | $121396.43    | 0.02%             | 2036-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PITTSBURG CALIF UNI SCH DIST                                              | Pittsburg Unified School District Financing Authority                                                                                                  | CUSIP: 724586BF8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    630000 | PA      | $641598.05    | 0.13%             | 2047-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ECONOMIC DEVELOPMENT FINANCING AUTHORITY (PA)                | PA PASDEV 5 12/31/2057                                                                                                                                 | CUSIP: 70868YAX7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    630000 | PA      | $629827.76    | 0.13%             | 2057-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST EDUCTNL FACS AUT                                            | California Educational Facilities Authority                                                                                                            | CUSIP: 130179RJ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3230000 | PA      | $3256275.73   | 0.67%             | 2043-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DESERT SANDS CA UNIF SCH DIST                                             | Desert Sands Unified School District                                                                                                                   | CUSIP: 250436BG6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    185000 | PA      | $193299.43    | 0.04%             | 2049-09-10      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LUCIA MAR CA UNIF SCH DIST                                                | Lucia Mar Unified School District                                                                                                                      | CUSIP: 54947TFR5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    735000 | PA      | $758865.74    | 0.16%             | 2042-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA HEALTH FACS FING AUTH                                          | CA CASMED 5 11/15/2049                                                                                                                                 | CUSIP: 13032UUN6<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |   1600000 | PA      | $1602332.96   | 0.33%             | 2049-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST MUNI FIN AUTH SP                                            | California Municipal Finance Authority                                                                                                                 | CUSIP: 13051ANP9<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |     95000 | PA      | $94530.98     | 0.02%             | 2030-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST                                                             | State of California                                                                                                                                    | CUSIP: 13063D4S4<br>LEI: 9845007J7054602FF597 | Long             | DBT              | MUN               | US        |   2805000 | PA      | $2923372.12   | 0.60%             | 2042-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST MUNI FIN AUTH LE                                            | California Municipal Finance Authority                                                                                                                 | CUSIP: 13049UCY3<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1095000 | PA      | $1116311.55   | 0.23%             | 2042-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST MUNI FIN AUTH RE                                            | California Municipal Finance Authority                                                                                                                 | CUSIP: 13048TUR2<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1125000 | PA      | $1124968.05   | 0.23%             | 2040-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| RIVERSIDE CA CMNTY CLG DIST CO                                            | Riverside Community College District                                                                                                                   | CUSIP: 768866DN2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    210000 | PA      | $210224.64    | 0.04%             | 2037-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LAKE CNTY IL SCH DIST #1 WINTH                                            | Lake County School District No 1 Winthrop Harbor                                                                                                       | CUSIP: 508426CH4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    380000 | PA      | $380255.93    | 0.08%             | 2032-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST MUNI FIN AUTH RE                                            | California Municipal Finance Authority                                                                                                                 | CUSIP: 13048VX52<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    700000 | PA      | $747329.38    | 0.15%             | 2044-09-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST HLTH FACS FING A                                            | California Health Facilities Financing Authority                                                                                                       | CUSIP: 13032US66<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |    885000 | PA      | $934122.10    | 0.19%             | 2045-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA HSG FIN AGY LTD OBL                                            | California Housing Finance Agency                                                                                                                      | CUSIP: 13034DBL7<br>LEI: 549300BOPCVLBA552Z14 | Long             | DBT              | MUN               | US        |    350000 | PA      | $349583.19    | 0.07%             | 2046-06-01      | Variable      | 2.95%                 | No            |                  2 | On Loan: No      |
| RIVER ISLANDS CA PUBLIC FING A                                            | River Islands Public Financing Authority                                                                                                               | CUSIP: 76827QGP2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3370000 | PA      | $3586557.55   | 0.74%             | 2042-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA STWD CMNTYS DEV AUT                                            | California Statewide Communities Development Authority                                                                                                 | CUSIP: 13080SWC4<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |    160000 | PA      | $164670.70    | 0.03%             | 2033-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KING CNTY WA SWR REVENUE                                                  | County of King WA Sewer Revenue                                                                                                                        | CUSIP: 4952893M0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1945962.80   | 0.40%             | 2040-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| YUBA CA LEVEE FING AUTH REVENU                                            | Yuba Levee Financing Authority                                                                                                                         | CUSIP: 988211BA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $25232.35     | 0.01%             | 2030-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OAKLAND CA UNIF SCH DIST ALAME                                            | Oakland Unified School District/Alameda County                                                                                                         | CUSIP: 672325G50<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1109242.75   | 0.23%             | 2030-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DOVER NH                                                                  | City of Dover NH                                                                                                                                       | CUSIP: 260183C71<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $992652.50    | 0.20%             | 2031-06-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| SANTA MONICA-MALIBU CA UNIF SC                                            | Santa Monica-Malibu Unified School District                                                                                                            | CUSIP: 802498F75<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2175000 | PA      | $2277122.12   | 0.47%             | 2050-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CA DEPT WTR & PWR                                             | Los Angeles Department of Water & Power                                                                                                                | CUSIP: 5444952S2<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |   2200000 | PA      | $2224233.22   | 0.46%             | 2039-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA MUN FIN AUTH                                                   | CA CASFIN 5 10/01/2035                                                                                                                                 | CUSIP: 13048VDT2<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1022441.30   | 0.21%             | 2035-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WHITTIER CA UNION HIGH SCH DIS                                            | Whittier Union High School District                                                                                                                    | CUSIP: 966782UJ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    635000 | PA      | $687498.63    | 0.14%             | 2043-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SANTA CLARITA CA PUBLIC FIN AU                                            | Santa Clarita Public Finance Authority                                                                                                                 | CUSIP: 80169PCH4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $19615.45     | 0.00%             | 2027-10-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA HEALTH FACS FING AUTH                                          | CA CASMED 5 11/01/2049                                                                                                                                 | CUSIP: 13032UP77<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |   2840000 | PA      | $2982628.21   | 0.61%             | 2049-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PERRIS CA PUBLIC FING AUTH                                                | Perris Public Financing Authority                                                                                                                      | CUSIP: 71437RJW5<br>LEI: 549300FVF4X82EMLCW89 | Long             | DBT              | MUN               | US        |   1620000 | PA      | $1620387.18   | 0.33%             | 2031-10-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| TOLEDO OH WTRWKS REVENUE                                                  | City of Toledo OH Water System Revenue                                                                                                                 | CUSIP: 889396SC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3575000 | PA      | $3589103.02   | 0.74%             | 2041-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA CMNTY CHOICE FING AUTH                                         | CA CCEDEV 02/01/2054                                                                                                                                   | CUSIP: 13013JDB9<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   1775000 | PA      | $1875580.38   | 0.39%             | 2054-02-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury Notes                                              | T 1.125 10/31/26                                                                                                                                       | CUSIP: 91282CDG3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   3850000 | PA      | $3791503.33   | 0.78%             | 2026-10-31      | Fixed         | 1.12%                 | No            |                  2 | On Loan: No      |
| GAVILAN CA JT CMNTY CLG DIST                                              | Gavilan Joint Community College District                                                                                                               | CUSIP: 368079LD9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1725000 | PA      | $1789287.82   | 0.37%             | 2048-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA HSG FIN AGY                                                    | CA CASHSG 3.75 03/25/2035                                                                                                                              | CUSIP: 13033DAG0<br>LEI: 549300BOPCVLBA552Z14 | Long             | DBT              | MUN               | US        |   2597291 | PA      | $2615637.13   | 0.54%             | 2035-03-25      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST HLTH FACS FING A                                            | California Health Facilities Financing Authority                                                                                                       | CUSIP: 13032UFK9<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |   1195000 | PA      | $1195221.79   | 0.25%             | 2035-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| TEXAS MUN GAS ACQUISITION & SUPPLY CORP IV                                | TX TMGUTL 01/01/2054                                                                                                                                   | CUSIP: 88256PAT7<br>LEI: 549300PTUE847QDBBW22 | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1911744.80   | 0.39%             | 2054-01-01      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| W HOLLYWOOD CA PUBLIC FING AUT                                            | West Hollywood Public Financing Authority                                                                                                              | CUSIP: 95332RDU0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    795000 | PA      | $833415.67    | 0.17%             | 2044-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| POWAY CALIF UNI SCH DIST PUB FING AUTH                                    | CA POWEDU 5 09/01/2036                                                                                                                                 | CUSIP: 73885QMZ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $775297.60    | 0.16%             | 2036-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DOWNEY CA UNIF SCH DIST                                                   | Downey Unified School District                                                                                                                         | CUSIP: 261005QY1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $16912.88     | 0.00%             | 2042-08-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA INFRASTRUCTURE & ECONOMIC DEV BK                               | CA CASEDU 5 11/01/2054                                                                                                                                 | CUSIP: 13035ADW6<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |    850000 | PA      | $852683.62    | 0.18%             | 2054-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST                                                             | State of California                                                                                                                                    | CUSIP: 13063DP44<br>LEI: 9845007J7054602FF597 | Long             | DBT              | MUN               | US        |   1735000 | PA      | $1809118.51   | 0.37%             | 2047-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KKR & Co Inc.                                                             | KKR & Co Inc. 6.875% NOTES ISSUED DUE ON JUNE 1, 2065                                                                                                  | CUSIP: 48251W609<br>LEI: 54930013V5I303TF9571 | Long             | EP               | CORP              | US        |    150000 | NS      | $3489000.00   | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| MOUNTAIN VIEW-WHISMAN CA SCH D                                            | Mountain View-Whisman School District                                                                                                                  | CUSIP: 62451FHS2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1015000 | PA      | $1014291.33   | 0.21%             | 2034-09-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST                                                             | State of California                                                                                                                                    | CUSIP: 13063EFX9<br>LEI: 9845007J7054602FF597 | Long             | DBT              | MUN               | US        |   2775000 | PA      | $2678706.39   | 0.55%             | 2043-12-01      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA CMNTY CHOICE FING AUTH                                         | CA CCEDEV 08/01/2055                                                                                                                                   | CUSIP: 13013JEB8<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   4500000 | PA      | $4672159.20   | 0.96%             | 2055-08-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA CMNTY CHOICE FING AUTH                                         | CA CCEDEV 02/01/2055                                                                                                                                   | CUSIP: 13013JFD3<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2143238.00   | 0.44%             | 2055-02-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| SWEETWATER CA UNION HIGH SCH D                                            | Sweetwater Union High School District                                                                                                                  | CUSIP: 870470FU0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    710000 | PA      | $710410.66    | 0.15%             | 2029-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| OXNARD CA UNION HIGH SCH DIST                                             | Oxnard Union High School District                                                                                                                      | CUSIP: 692039SA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1025695.50   | 0.21%             | 2045-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MISSOURI JOINT MUNICIPAL ELECTRIC UTILITIES COMMISSION (MO)               | MO MOSPWR 5 12/01/2040                                                                                                                                 | CUSIP: 606092LC6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2506215.50   | 0.52%             | 2040-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PATTERSON CA JT UNIF SCH DIST                                             | Patterson Joint Unified School District                                                                                                                | CUSIP: 703373GZ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2470000 | PA      | $2485919.64   | 0.51%             | 2037-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA EDUCATIONAL FACILITIES AUTHORITY (CA)                          | CA CASEDU 5 04/01/2042                                                                                                                                 | CUSIP: 130179JE5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    495000 | PA      | $498762.54    | 0.10%             | 2042-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CA DEPT WTR & PWR                                             | Los Angeles Department of Water & Power                                                                                                                | CUSIP: 544495Z72<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |   3090000 | PA      | $3102699.90   | 0.64%             | 2047-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| IRVINE CA FACS FING AUTH SPL T                                            | Irvine Facilities Financing Authority                                                                                                                  | CUSIP: 46360WAU0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1730000 | PA      | $1808379.55   | 0.37%             | 2048-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MINNEAPOLIS MN HLTH CARE SYS R                                            | City of Minneapolis MN                                                                                                                                 | CUSIP: 60374VDK6<br>LEI: 54930069TEI1INHRHS55 | Long             | DBT              | MUN               | US        |    100000 | PA      | $100083.11    | 0.02%             | 2026-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BALTIMORE MD PROJ REVENUE                                                 | City of Baltimore MD                                                                                                                                   | CUSIP: 05922KZS1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3070000 | PA      | $3075678.89   | 0.63%             | 2046-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HAYWARD CA UNIF SCH DIST COPS                                             | Hayward Unified School District                                                                                                                        | CUSIP: 421294EG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1435000 | PA      | $1449947.96   | 0.30%             | 2047-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| RIVERSIDE COUNTY SUCCESSOR AGENCY TO THE REDEVELOPMENT AGENCY (CA)        | CA RIVDEV 5 10/01/2041                                                                                                                                 | CUSIP: 76913AKY8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1090000 | PA      | $1094970.84   | 0.23%             | 2041-10-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| MODESTO CA IRR DIST FING AUTH                                             | Modesto Irrigation District                                                                                                                            | CUSIP: 607767DH0<br>LEI: S6U6XLZ7IOWYIG8C8H50 | Long             | DBT              | MUN               | US        |    550000 | PA      | $589339.03    | 0.12%             | 2048-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| WASHINGTON TWP CA HLTH CARE DI                                            | Washington Township Health Care District                                                                                                               | CUSIP: 940642CE9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $30009.52     | 0.01%             | 2043-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CALIF DEPT WTR & PWR                                          | CA LOSUTL 5 07/01/2049                                                                                                                                 | CUSIP: 544525T32<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |    540000 | PA      | $554081.42    | 0.11%             | 2049-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FONTANA CA REDEV AGY SUCCESSOR                                            | Fontana Redevelopment Agency Successor Agency                                                                                                          | CUSIP: 34461CAS3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    695000 | PA      | $713873.14    | 0.15%             | 2034-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST                                                             | State of California                                                                                                                                    | CUSIP: 13063ENA0<br>LEI: 9845007J7054602FF597 | Long             | DBT              | MUN               | US        |   2120000 | PA      | $2313081.33   | 0.48%             | 2044-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NORTH PENN PA SCH DIST                                                    | PA NRPSCD 5 03/01/2050                                                                                                                                 | CUSIP: 661517XK3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1600000 | PA      | $1614966.88   | 0.33%             | 2050-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST                                                             | State of California                                                                                                                                    | CUSIP: 13063CZU7<br>LEI: 9845007J7054602FF597 | Long             | DBT              | MUN               | US        |    250000 | PA      | $251027.80    | 0.05%             | 2045-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST INFRASTRUCTURE &                                            | California Infrastructure & Economic Development Bank                                                                                                  | CUSIP: 13034A7D6<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |    900000 | PA      | $1002679.20   | 0.21%             | 2031-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UNIVERSITY CALIF                                                          | CA UNVHGR 5 05/15/2043                                                                                                                                 | CUSIP: 91412HAZ6<br>LEI: RRR42I7GG51DB5HDQR14 | Long             | DBT              | MUN               | US        |    800000 | PA      | $825772.32    | 0.17%             | 2043-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST HLTH FACS FING A                                            | California Health Facilities Financing Authority                                                                                                       | CUSIP: 13032UNW4<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |    250000 | PA      | $256293.53    | 0.05%             | 2038-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SWEETWATER CA UNION HIGH SCH D                                            | Sweetwater Union High School District                                                                                                                  | CUSIP: 870462TF5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1465463.10   | 0.30%             | 2042-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST EDUCTNL FACS AUT                                            | California Educational Facilities Authority                                                                                                            | CUSIP: 130179QG2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5110000 | PA      | $5169057.29   | 1.06%             | 2046-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SHASTA CA JT PWRS FING AUTH                                               | Shasta Joint Powers Financing Authority                                                                                                                | CUSIP: 820169DU1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10000.00     | 0.00%             | 2026-04-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| RIVERSIDE CA CMNTY CLG DIST CO                                            | Riverside Community College District                                                                                                                   | CUSIP: 768866DP7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    255000 | PA      | $255245.16    | 0.05%             | 2038-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ESTRN CA MUNI WTR DIST CMNTY F                                            | Eastern Municipal Water District Community Facilities District                                                                                         | CUSIP: 27627M7S0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $76375.37     | 0.02%             | 2029-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| VISTA CA UNIF SCH DIST                                                    | Vista Unified School District                                                                                                                          | CUSIP: 928346QW8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    290000 | PA      | $305279.23    | 0.06%             | 2048-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| POWAY CA UNIF SCH DIST PUBLIC                                             | Poway Unified School District Public Financing Authority                                                                                               | CUSIP: 73885QNK1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $814574.10    | 0.17%             | 2035-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| IRVINE RANCH CA WTR DIST                                                  | Irvine Ranch Water District                                                                                                                            | CUSIP: 4636325M7<br>LEI: 2ZRS7W19IBMY48SFBI68 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2011132.60   | 0.41%             | 2046-02-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| SAN FRANCISCO CALIF CITY & CNTY PUB UTILS COMMN                           | CA SFOWTR 5.25 11/01/2048                                                                                                                              | CUSIP: 79771FCU9<br>LEI: 213800P9VO3CSYYNM193 | Long             | DBT              | MUN               | US        |   4855000 | PA      | $5241838.15   | 1.08%             | 2048-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST UNIV REVENUE                                                | California State University                                                                                                                            | CUSIP: 13077DSX1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    230000 | PA      | $245844.75    | 0.05%             | 2048-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| COACHELLA VLY CA UNIF SCH DIST                                            | Coachella Valley Unified School District/CA                                                                                                            | CUSIP: 189849JY9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |      5000 | PA      | $5003.87      | 0.00%             | 2027-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| RIVERSIDE CNTY CA REDEV SUCCES                                            | Riverside County Redevelopment Successor Agency                                                                                                        | CUSIP: 76913AKV4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $505725.90    | 0.10%             | 2031-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp.                                                     | BAC V6.625 PERP                                                                                                                                        | CUSIP: 06055HAH6<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |   2950000 | PA      | $3022720.45   | 0.62%             | N/A             | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CNTY CA SCHS REGIO                                            | Los Angeles County Schools Regionalized Business Services Corp                                                                                         | CUSIP: 545152WR7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10008.88     | 0.00%             | 2026-09-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CNTY CA FACS INC L                                            | Los Angeles County Facilities Inc                                                                                                                      | CUSIP: 54531FAX9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4063490.80   | 0.84%             | 2051-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST PUBLIC WKS BRD L                                            | California State Public Works Board                                                                                                                    | CUSIP: 13068LC37<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    530000 | PA      | $533499.75    | 0.11%             | 2028-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| LANCASTER CA FING AUTH LEASE R                                            | Lancaster Financing Authority                                                                                                                          | CUSIP: 51378QBN8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3078541.20   | 0.63%             | 2054-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| IRVINE CA FACS FING AUTH LEASE                                            | Irvine Facilities Financing Authority                                                                                                                  | CUSIP: 46360XAC8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    900000 | PA      | $901830.33    | 0.19%             | 2029-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK N Y                                                              | NY NYC 5 08/01/2047                                                                                                                                    | CUSIP: 64966QXW5<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |    980000 | PA      | $1008683.13   | 0.21%             | 2047-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA MUN FIN AUTH                                                   | CA CASGEN 12/20/2043                                                                                                                                   | CUSIP: 13050WAJ0<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    500000 | PA      | $502134.85    | 0.10%             | 2043-12-20      | Variable      | 10.02%                | No            |                  2 | On Loan: No      |
| SAN FRANCISCO CITY & CNTY CA                                              | City & County of San Francisco CA                                                                                                                      | CUSIP: 797646NH5<br>LEI: 549300RA28ZEFOB6M782 | Long             | DBT              | MUN               | US        |   4150000 | PA      | $4383183.11   | 0.90%             | 2030-06-15      | Fixed         | 6.26%                 | No            |                  2 | On Loan: No      |
| M-S-R ENERGY AUTH CALIF                                                   | CA MSRPWR 7 11/01/2034                                                                                                                                 | CUSIP: 55374SAB6<br>LEI: 549300UEMSS1JTK5YB98 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4735030.40   | 0.97%             | 2034-11-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| BERKELEY CA JT PWRS FING AUTH                                             | Berkeley Joint Powers Financing Authority                                                                                                              | CUSIP: 084144DH4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $25002.91     | 0.01%             | 2027-10-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| FILLMORE CA WSTWTR REVENUE                                                | City of Fillmore CA Wastewater Revenue                                                                                                                 | CUSIP: 317109AJ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1175000 | PA      | $1182907.87   | 0.24%             | 2047-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CNTY CALIF DEV AUTH                                           | CA LOSDEV 09/01/2059                                                                                                                                   | CUSIP: 54467WAK8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1123000 | PA      | $1131155.90   | 0.23%             | 2059-09-01      | Variable      | 3.35%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA MUN FIN AUTH                                                   | CA CASMFH 03/01/2046                                                                                                                                   | CUSIP: 130483KW9<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1179247.80   | 0.24%             | 2046-03-01      | Variable      | 2.50%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST PUBLIC WKS BRD L                                            | California State Public Works Board                                                                                                                    | CUSIP: 13068XQU6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    900000 | PA      | $934882.56    | 0.19%             | 2027-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CA HSG AUTH MF HSG                                            | Los Angeles Housing Authority                                                                                                                          | CUSIP: 544562CR0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1775000 | PA      | $1770640.78   | 0.36%             | 2034-04-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA HEALTH FACS FING AUTH                                          | CA CASMED 5 11/15/2056                                                                                                                                 | CUSIP: 13032UPX0<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3013216.80   | 0.62%             | 2056-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PALOMAR HLTH CA                                                           | Palomar Health                                                                                                                                         | CUSIP: 697527BA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $187104.12    | 0.04%             | 2033-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SAN FRANCISCO CITY & CNTY CA R                                            | San Francisco City & County Redevelopment Agency Successor Agency                                                                                      | CUSIP: 79770GER3<br>LEI: 5493001TPOZL3UK8DX25 | Long             | DBT              | MUN               | US        |    150000 | PA      | $150833.67    | 0.03%             | 2036-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MARIN CA HLTHCARE DIST                                                    | Marin Healthcare District                                                                                                                              | CUSIP: 56782TAT9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $988164.60    | 0.20%             | 2040-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CA DEPT OF ARPTS A                                            | City of Los Angeles Department of Airports                                                                                                             | CUSIP: 544445HQ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2089035.00   | 0.43%             | 2043-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA SCHOOL FINANCE AUTHORITY (CA)                                  | CA CASSCD 5 08/01/2042                                                                                                                                 | CUSIP: 13058TPU8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    125000 | PA      | $123811.41    | 0.03%             | 2042-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA CMNTY CHOICE FING AUTH                                         | CA CCEDEV 01/01/2056                                                                                                                                   | CUSIP: 13013JFX9<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   1135000 | PA      | $1150569.14   | 0.24%             | 2056-01-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| WINDSOR CALIF JT PWRS FING AUTH                                           | CA WINUTL 5 11/01/2056                                                                                                                                 | CUSIP: 973507BH8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1772743.18   | 0.36%             | 2056-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SACRAMENTO CA AREA FLOOD CONTR                                            | Sacramento Area Flood Control Agency                                                                                                                   | CUSIP: 785840JN0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    505000 | PA      | $510573.08    | 0.10%             | 2036-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CONCORD CA COPS                                                           | City of Concord CA                                                                                                                                     | CUSIP: 206094DK7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    920000 | PA      | $710495.76    | 0.15%             | 2038-04-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| MONARCH-CHESTERFIELD MO LEVEE                                             | Monarch-Chesterfield Levee District                                                                                                                    | CUSIP: 609040FK1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1385000 | PA      | $1385605.25   | 0.28%             | 2040-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NORWALK-LA MIRADA CA UNIF SCHD                                            | Norwalk-La Mirada Unified School District                                                                                                              | CUSIP: 669096YJ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $80997.32     | 0.02%             | 2045-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| EL RANCHO UNIFIED SCHOOL DISTRICT (CA)                                    | CA ERNSCD 5.75 08/01/2048                                                                                                                              | CUSIP: 283839F60<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    235000 | PA      | $262098.70    | 0.05%             | 2048-08-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| WASHINGTON TWP CA HLTH CARE DI                                            | Washington Township Health Care District                                                                                                               | CUSIP: 940204GG9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $363789.76    | 0.07%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST                                                             | State of California                                                                                                                                    | CUSIP: 13063EMQ6<br>LEI: 9845007J7054602FF597 | Long             | DBT              | MUN               | US        |   4120000 | PA      | $4156003.86   | 0.85%             | 2026-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| RIVERSIDE CA CMNTY CLG DIST CO                                            | Riverside Community College District                                                                                                                   | CUSIP: 768866DR3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2001023.40   | 0.41%             | 2049-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| SAN FRANCISCO CITY & CNTY CA                                              | City & County of San Francisco CA                                                                                                                      | CUSIP: 797646NG7<br>LEI: 549300RA28ZEFOB6M782 | Long             | DBT              | MUN               | US        |   3630000 | PA      | $3764755.04   | 0.77%             | 2029-06-15      | Fixed         | 6.03%                 | No            |                  2 | On Loan: No      |
| RANCHO CORDOVA CA CMNTY FACS D                                            | City of Rancho Cordova CA                                                                                                                              | CUSIP: 75211RSU2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    115000 | PA      | $121357.33    | 0.02%             | 2031-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CLATSOP CNTY OR SCH DIST #10 S                                            | Seaside School District No 10                                                                                                                          | CUSIP: 182846BJ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $1414014.60   | 0.29%             | 2042-06-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury Notes                                              | T 3.625 05/15/26                                                                                                                                       | CUSIP: 91282CHB0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   3300000 | PA      | $3299392.17   | 0.68%             | 2026-05-15      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| SANTA CLARA VLY CA WTR DIST WT                                            | Santa Clara Valley Water District                                                                                                                      | CUSIP: 80168ADE4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    765000 | PA      | $785854.36    | 0.16%             | 2050-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SAN DIEGO ASSN OF GOVTS CA SOU                                            | San Diego Association of Governments South Bay Expressway Revenue                                                                                      | CUSIP: 797257AX0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2035781.20   | 0.42%             | 2042-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SACRAMENTO CITY CA UNIF SCH DI                                            | Sacramento City Unified School District/CA                                                                                                             | CUSIP: 785870E93<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2085257.20   | 0.43%             | 2052-08-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| SANTA CLARA CA UNIF SCH DIST                                              | Santa Clara Unified School District                                                                                                                    | CUSIP: 801495Y89<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1150000 | PA      | $1109268.50   | 0.23%             | 2035-07-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| RANCHO CORDOVA CA CMNTY FACS D                                            | City of Rancho Cordova CA                                                                                                                              | CUSIP: 75211RSX6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    180000 | PA      | $192085.49    | 0.04%             | 2034-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NORWALK-LA MIRADA CA UNIF SCHD                                            | Norwalk-La Mirada Unified School District                                                                                                              | CUSIP: 669096YH6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $81707.79     | 0.02%             | 2044-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CNTY CA PUBLIC WKS                                            | Los Angeles County Public Works Financing Authority                                                                                                    | CUSIP: 54473ESP0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $150391.68    | 0.03%             | 2032-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| RIVERSIDE CA CMNTY CLG DIST CO                                            | Riverside Community College District                                                                                                                   | CUSIP: 768866DQ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1670000 | PA      | $1671296.76   | 0.34%             | 2043-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CA MUNI IMPT CORPL                                            | Municipal Improvement Corp of Los Angeles                                                                                                              | CUSIP: 544587Q27<br>LEI: 549300ZJ0YLTZNSR8F57 | Long             | DBT              | MUN               | US        |    420000 | PA      | $424074.13    | 0.09%             | 2036-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST                                                             | CA CAS 5 10/01/2039                                                                                                                                    | CUSIP: 13063ETD8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4400000 | PA      | $4755373.92   | 0.98%             | 2039-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLTON CA JT UNIF SCH DIST                                                | Colton Joint Unified School District                                                                                                                   | CUSIP: 197036RH1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1325000 | PA      | $1439612.63   | 0.30%             | 2044-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| EAST SIDE CA UNION HIGH SCH DI                                            | East Side Union High School District                                                                                                                   | CUSIP: 275282LM1<br>LEI: 549300FHNKBG2V8ZLG85 | Long             | DBT              | MUN               | US        |     50000 | PA      | $48173.54     | 0.01%             | 2029-08-01      | Fixed         | 2.12%                 | No            |                  2 | On Loan: No      |
| SOUTH CAROLINA ST PORTS AUTH P                                            | South Carolina Ports Authority                                                                                                                         | CUSIP: 837123JL3<br>LEI: 5493001YXW15H9J1M026 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1257468.63   | 0.26%             | 2054-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SAN FRANCISCO CALIF CITY & CNTY REDEV AGY SUCCESSOR AGY                   | CA SFRDEV 5 08/01/2048                                                                                                                                 | CUSIP: 79770GJZ0<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |   1940000 | PA      | $2036451.76   | 0.42%             | 2048-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SAN FRANCISCO CITY & CNTY CA C                                            | City & County of San Francisco CA Community Facilities District No 2014-1                                                                              | CUSIP: 79772EEZ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    145000 | PA      | $149698.13    | 0.03%             | 2027-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SANTA MONICA CA CMNTY CLG DIST                                            | Santa Monica Community College District                                                                                                                | CUSIP: 802385QT4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    800000 | PA      | $825146.56    | 0.17%             | 2043-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| M&T Bank Corporation                                                      | M&T Bank Corporation DEPOSITARY SHARES EACH REPRESENTING A 1/400TH INTEREST IN A SHARE OF PERPETUAL 6.350% NON-CUMULATIVE PREFERRED STOCK, SERIES K    | CUSIP: 55261F849<br>LEI: 549300WYXDDBYRASEG81 | Long             | EP               | CORP              | US        |    134900 | NS      | $3383292.00   | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| UNIVERSITY CALIF                                                          | CA UNVHGR 5.5 05/15/2040                                                                                                                               | CUSIP: 91412HWK5<br>LEI: RRR42I7GG51DB5HDQR14 | Long             | DBT              | MUN               | US        |    750000 | PA      | $873703.50    | 0.18%             | 2040-05-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA CMNTY CHOICE FING AUTH                                         | CA CCEDEV 11/01/2055                                                                                                                                   | CUSIP: 13013JFS0<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3062013.60   | 0.63%             | 2055-11-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| ORANGEBURG CNTY SC FACS CORP I                                            | Orangeburg County Facilities Corp                                                                                                                      | CUSIP: 685357AM7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1560000 | PA      | $1592822.40   | 0.33%             | 2030-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CA HSG AUTH                                                   | Los Angeles Housing Authority                                                                                                                          | CUSIP: 54456PAZ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |      5000 | PA      | $5009.04      | 0.00%             | 2027-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA CMNTY CHOICE FING AUTH                                         | CA CCEDEV 02/01/2055                                                                                                                                   | CUSIP: 13013JFR2<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   4500000 | PA      | $4839464.25   | 1.00%             | 2055-02-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| RAVENSWOOD CA CITY SCH DIST                                               | Ravenswood City School District/CA                                                                                                                     | CUSIP: 754405GS1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    745000 | PA      | $750424.49    | 0.15%             | 2035-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SAN FRANCISCO CITY & CNTY CA P                                            | San Francisco City & County Public Utilities Commission Power Revenue                                                                                  | CUSIP: 79771KAK2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    115000 | PA      | $115297.49    | 0.02%             | 2035-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| STHRN CA PUBLIC PWR AUTH NATUR                                            | Southern California Public Power Authority                                                                                                             | CUSIP: 842471AV6<br>LEI: 5493003B5TD5FWUKMD34 | Long             | DBT              | MUN               | US        |    380000 | PA      | $391109.45    | 0.08%             | 2027-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| SACRAMENTO CNTY CA ARPT SYS RE                                            | County of Sacramento CA Airport System Revenue                                                                                                         | CUSIP: 786107PF3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $501851.85    | 0.10%             | 2041-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST HLTH FACS FING A                                            | California Health Facilities Financing Authority                                                                                                       | CUSIP: 13033L3Y1<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |    100000 | PA      | $100073.74    | 0.02%             | 2028-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Wells Fargo & Co.                                                         | WFC V6.85 PERP                                                                                                                                         | CUSIP: 95002YAC7<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |   2350000 | PA      | $2436541.10   | 0.50%             | N/A             | Fixed         | 6.85%                 | No            |                  2 | On Loan: No      |
| WATER REPLENISHMENT DISTRICT SOUTHERN CALIFORNIA FINANCING AUTHORITY (CA) | CA STNWTR 5 08/01/2048                                                                                                                                 | CUSIP: 84251KBW4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $255559.08    | 0.05%             | 2048-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST INFRASTRUCTURE &                                            | California Infrastructure & Economic Development Bank                                                                                                  | CUSIP: 13034ARJ1<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |     20000 | PA      | $20317.27     | 0.00%             | 2028-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA SCHOOL FINANCE AUTHORITY (CA)                                  | CA CASSCD 5 07/01/2037                                                                                                                                 | CUSIP: 13059TEV7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $25199.84     | 0.01%             | 2037-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TRUSTEES OF THE CALIFORNIA STATE UNIVERSITY (CA)                          | CA CASHGR 5 11/01/2047                                                                                                                                 | CUSIP: 13077DYE6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10007.51     | 0.00%             | 2047-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA STWD CMNTYS DEV AUT                                            | California Statewide Communities Development Authority                                                                                                 | CUSIP: 13080SVX9<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |    100000 | PA      | $103307.83    | 0.02%             | 2028-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs Group, Inc.                                                 | GS V6.125 PERP Y                                                                                                                                       | CUSIP: 38141GB52<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |   4300000 | PA      | $4274208.60   | 0.88%             | N/A             | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| RANCHO CORDOVA CA CMNTY FACS D                                            | City of Rancho Cordova CA                                                                                                                              | CUSIP: 75211RSR9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     65000 | PA      | $67594.31     | 0.01%             | 2028-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SAN JOSE CA ARPT REVENUE                                                  | Norman Y Mineta San Jose International Airport SJC                                                                                                     | CUSIP: 798136WR4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    755000 | PA      | $764794.31    | 0.16%             | 2042-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CITY DEPARTMENT OF AIRPORTS (CA)                              | CA LOSAPT 5 05/15/2048                                                                                                                                 | CUSIP: 544445TT6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    395000 | PA      | $408672.81    | 0.08%             | 2048-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SAN MATEO CA UNION HIGH SCH DI                                            | San Mateo Union High School District                                                                                                                   | CUSIP: 799017ZV3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    975000 | PA      | $1063337.73   | 0.22%             | 2043-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ANAHEIM CALIF HSG & PUB IMPT AUTH                                         | CA ANAHSG 5.5 10/01/2055                                                                                                                               | CUSIP: 032556PY2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3605000 | PA      | $3761020.07   | 0.77%             | 2055-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| LOS BANOS CA UNIF SCH DIST                                                | Los Banos Unified School District                                                                                                                      | CUSIP: 545438GP2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    690000 | PA      | $727165.61    | 0.15%             | 2049-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| RIVERSIDE CA ELEC REVENUE                                                 | City of Riverside CA Electric Revenue                                                                                                                  | CUSIP: 768874SF7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2065000 | PA      | $2200627.96   | 0.45%             | 2030-10-01      | Fixed         | 7.46%                 | No            |                  2 | On Loan: No      |
| SAN DIEGO CA PUBLIC FACS FING                                             | San Diego Public Facilities Financing Authority                                                                                                        | CUSIP: 79730CJB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3220000 | PA      | $3328515.61   | 0.68%             | 2043-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST MUNI FIN AUTH RE                                            | California Municipal Finance Authority                                                                                                                 | CUSIP: 13048VKK3<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   2940000 | PA      | $2979566.52   | 0.61%             | 2049-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CAMPBELL CA UNION HIGH SCH DIS                                            | Campbell Union High School District                                                                                                                    | CUSIP: 134159D58<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1073634.40   | 0.22%             | 2046-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST TPK COMMN                                                 | PA PASTRN 5 12/01/2044                                                                                                                                 | CUSIP: 709224P52<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |   1595000 | PA      | $1648035.35   | 0.34%             | 2044-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| EASTSIDE CA UNION SCH DIST                                                | Eastside Union School District                                                                                                                         | CUSIP: 277805DM6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1450000 | PA      | $1573141.25   | 0.32%             | 2048-08-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| SOUTH TAHOE CA PUB UTIL DIST W                                            | South Tahoe Public Utility District Water Revenue                                                                                                      | CUSIP: 840529AT8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $51309.94     | 0.01%             | 2054-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BELLEFONTE PA AREA SCH DIST                                               | PA BLFSCD 5 05/15/2048                                                                                                                                 | CUSIP: 078764LT2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2125000 | PA      | $2186314.54   | 0.45%             | 2048-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA INFRASTRUCTURE & ECONOMIC DEV BK                               | CA CASDEV 3.25 08/01/2029                                                                                                                              | CUSIP: 13034A5B2<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |    250000 | PA      | $252536.00    | 0.05%             | 2029-08-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| HARRIS CNTY TEX                                                           | TX HARTRN 5 08/15/2043                                                                                                                                 | CUSIP: 41423PAW7<br>LEI: 549300G9BRP25M0W1S40 | Long             | DBT              | MUN               | US        |   2815000 | PA      | $2868484.44   | 0.59%             | 2043-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BP Capital Markets PLC                                                    | BPLN V6.45 PERP                                                                                                                                        | CUSIP: 05565QDW5<br>LEI: 549300CRVT18MXX0AG93 | Long             | DBT              | CORP              | GB        |   1000000 | PA      | $1039722.00   | 0.21%             | N/A             | Fixed         | 6.45%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST MUNI FIN AUTH RE                                            | California Municipal Finance Authority                                                                                                                 | CUSIP: 13048T6J7<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   2040000 | PA      | $2044387.84   | 0.42%             | 2042-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SAN DIEGO COUNTY REGIONAL AIRPORT AUTHORITY (CA)                          | CA SDGAPT 5 07/01/2046                                                                                                                                 | CUSIP: 79739GMW3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1530000 | PA      | $1608667.55   | 0.33%             | 2046-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ANAHEIM CA HSG & PUBLIC IMPT A                                            | Anaheim Housing & Public Improvements Authority                                                                                                        | CUSIP: 032556PV8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    235000 | PA      | $246271.28    | 0.05%             | 2044-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Air Lease Corporation                                                     | AL V4.65 PERP B                                                                                                                                        | CUSIP: 00912XBJ2<br>LEI: 5493004NW4M4P8TMMK63 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $998162.10    | 0.21%             | N/A             | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| PIEDMONT CA UNIF SCH DIST                                                 | Piedmont Unified School District                                                                                                                       | CUSIP: 720135TH5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    455000 | PA      | $331548.49    | 0.07%             | 2041-08-01      | Fixed         | 2.12%                 | No            |                  2 | On Loan: No      |
| FRESNO CA UNIF SCH DIST                                                   | Fresno Unified School District                                                                                                                         | CUSIP: 3582324A1<br>LEI: 549300WL4QIP65TFU882 | Long             | DBT              | MUN               | US        |    780000 | PA      | $722561.66    | 0.15%             | 2046-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SAN FRANCISCO CALIF CITY & CNTY ARPTS COMMN                               | CA SFOAPT 5 05/01/2041                                                                                                                                 | CUSIP: 79766DGE3<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1100368.72   | 0.23%             | 2041-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SAN FRANCISCO CITY & CNTY CA P                                            | San Francisco City & County Public Utilities Commission Wastewater Revenue                                                                             | CUSIP: 79768HDX3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2650000 | PA      | $2442680.43   | 0.50%             | 2046-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NORWALK-LA MIRADA CA UNIF SCHD                                            | Norwalk-La Mirada Unified School District                                                                                                              | CUSIP: 669096YK9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $107108.25    | 0.02%             | 2046-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SAN FRANCISCO CITY & CNTY CA P                                            | San Francisco City & County Public Utilities Commission Wastewater Revenue                                                                             | CUSIP: 79768HCZ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1875000 | PA      | $1848341.81   | 0.38%             | 2039-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ROSEVILLE CA JT UNION HIGH SCH                                            | Roseville Joint Union High School District                                                                                                             | CUSIP: 777849SK7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2425000 | PA      | $2475608.78   | 0.51%             | 2046-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| RIVERSIDE CA CMNTY CLG DIST CO                                            | Riverside Community College District                                                                                                                   | CUSIP: 768866DS1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    325000 | PA      | $325292.47    | 0.07%             | 2039-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OXNARD CA UNION HIGH SCH DIST                                             | Oxnard Union High School District                                                                                                                      | CUSIP: 692045ED5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    330000 | PA      | $255880.02    | 0.05%             | 2039-06-01      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| AZUSA (CA), CITY OF                                                       | CA AZUGEN 5 09/01/2044                                                                                                                                 | CUSIP: 055032FF8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2070000 | PA      | $2113692.53   | 0.43%             | 2044-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ESTRN CA MUNI WTR DIST CMNTY F                                            | Eastern Municipal Water District Community Facilities District                                                                                         | CUSIP: 27627M7R2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $76264.61     | 0.02%             | 2028-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST INFRASTRUCTURE &                                            | California Infrastructure & Economic Development Bank                                                                                                  | CUSIP: 13034AY61<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |    945000 | PA      | $992884.38    | 0.20%             | 2047-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST MUNI FIN AUTH ST                                            | California Municipal Finance Authority                                                                                                                 | CUSIP: 13049YEK3<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    500000 | PA      | $517537.95    | 0.11%             | 2036-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SAN DIEGO CNTY CA COPS                                                    | County of San Diego CA                                                                                                                                 | CUSIP: 7973916C8<br>LEI: 254900MKIGRAYVDUZ926 | Long             | DBT              | MUN               | US        |    550000 | PA      | $575895.27    | 0.12%             | 2048-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TEXAS MUN GAS ACQUISITION & SUPPLY CORP III GAS SUPPLY                    | TX TXSUTL 5 12/15/2027                                                                                                                                 | CUSIP: 88256HBC1<br>LEI: 0UDITKOYW0YKG3BBP242 | Long             | DBT              | MUN               | US        |    500000 | PA      | $513707.90    | 0.11%             | 2027-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SACRAMENTO CA TRANSIENT OCCUPA                                            | City of Sacramento CA Transient Occupancy Tax Revenue                                                                                                  | CUSIP: 786073BS4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3175000 | PA      | $3241721.04   | 0.67%             | 2048-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DESERT SANDS CA UNIF SCH DIST                                             | Desert Sands Unified School District                                                                                                                   | CUSIP: 250436BH4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    425000 | PA      | $440380.11    | 0.09%             | 2054-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PHILADELPHIA PA                                                           | PA PHI 5 08/01/2037                                                                                                                                    | CUSIP: 717813TJ8<br>LEI: 549300IVFOPB4AG7UL47 | Long             | DBT              | MUN               | US        |   1130000 | PA      | $1151715.21   | 0.24%             | 2037-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MODESTO CA IRR DIST ELEC REVEN                                            | Modesto Irrigation District                                                                                                                            | CUSIP: 607763EC9<br>LEI: S6U6XLZ7IOWYIG8C8H50 | Long             | DBT              | MUN               | US        |    315000 | PA      | $318829.58    | 0.07%             | 2033-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SAN FRANCISCO CALIF CITY & CNTY                                           | CA SFOMFH 08/01/2029                                                                                                                                   | CUSIP: 79765PEG4<br>LEI: 549300RA28ZEFOB6M782 | Long             | DBT              | MUN               | US        |   1015000 | PA      | $1026123.18   | 0.21%             | 2029-08-01      | Variable      | 3.35%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT ST HLTH & EDUCTNL                                             | Connecticut State Health & Educational Facilities Authority                                                                                            | CUSIP: 20774YXG7<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1500574.35   | 0.31%             | 2045-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SACRAMENTO CA TRANSIENT OCCUPA                                            | City of Sacramento CA Transient Occupancy Tax Revenue                                                                                                  | CUSIP: 786073AS5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2170000 | PA      | $2256153.12   | 0.46%             | 2036-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST INFRASTRUCTURE &                                            | California Infrastructure & Economic Development Bank                                                                                                  | CUSIP: 13034ATX8<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |   1130000 | PA      | $1149326.39   | 0.24%             | 2047-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CITY DEPARTMENT OF AIRPORTS (CA)                              | CA LOSAPT 5 05/15/2049                                                                                                                                 | CUSIP: 544445MY2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $254394.30    | 0.05%             | 2049-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TRACY CA CMNTY FACS DIST SPL T                                            | Tracy Community Facilities District/CA                                                                                                                 | CUSIP: 892376UZ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $206332.04    | 0.04%             | 2054-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PITTSBURG CA SUCCESSOR AGY RED                                            | Pittsburg Successor Agency Redevelopment Agency                                                                                                        | CUSIP: 86459LBN7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $100976.30    | 0.02%             | 2026-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA CMNTY CHOICE FING AUTH                                         | CA CCEDEV 11/01/2054                                                                                                                                   | CUSIP: 13013JDG8<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2110973.80   | 0.43%             | 2054-11-01      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA EDUCATIONAL FACILITIES AUTHORITY (CA)                          | CA CASEDU 5 06/01/2046                                                                                                                                 | CUSIP: 130179GV0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $113656.92    | 0.02%             | 2046-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SANGER CA UNIF SCH DIST COPS                                              | Sanger Unified School District                                                                                                                         | CUSIP: 800860EK0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1900000 | PA      | $1956293.77   | 0.40%             | 2045-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| The Bank of New York Mellon Corp.                                         | BK V6.3 PERP                                                                                                                                           | CUSIP: 064058AN0<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1528237.50   | 0.31%             | N/A             | Fixed         | 6.30%                 | No            |                  2 | On Loan: No      |
| ROBLA CA SCH DIST                                                         | Robla School District/CA                                                                                                                               | CUSIP: 771027KJ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    800000 | PA      | $812956.00    | 0.17%             | 2044-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES (CA), CITY OF                                                 | CA LOSMFH 3.75 04/01/2034                                                                                                                              | CUSIP: 544562CP4<br>LEI: 549300E7TO710PTXPJ65 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1241247.25   | 0.26%             | 2034-04-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Dow Chemical Co. (The)                                                    | DOW 9.4 05/15/39                                                                                                                                       | CUSIP: 260543BY8<br>LEI: ZQUIP1CSZO8LXRBSOU78 | Long             | DBT              | CORP              | US        |    500000 | PA      | $634063.09    | 0.13%             | 2039-05-15      | Fixed         | 9.40%                 | No            |                  2 | On Loan: No      |
| General Motors Financial Company Inc                                      | GM V5.75 PERP A                                                                                                                                        | CUSIP: 37045XCA2<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |    875000 | PA      | $848587.69    | 0.17%             | N/A             | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA MUN FIN AUTH                                                   | CA CASMFH 09/01/2045                                                                                                                                   | CUSIP: 130483GH7<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1250772.50   | 0.26%             | 2045-09-01      | Variable      | 3.20%                 | No            |                  2 | On Loan: No      |
| GLENDALE CA WTR REVENUE                                                   | City of Glendale CA Water Revenue                                                                                                                      | CUSIP: 378478CD1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    135000 | PA      | $117735.03    | 0.02%             | 2042-02-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST TPK COMMN                                                 | PA PASTRN 5 12/01/2041                                                                                                                                 | CUSIP: 709224QF9<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |   2615000 | PA      | $2625472.81   | 0.54%             | 2041-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| POWAY CA UNIF SCH DIST PUBLIC                                             | Poway Unified School District Public Financing Authority                                                                                               | CUSIP: 73885QNL9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    215000 | PA      | $232234.98    | 0.05%             | 2036-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST MUNI FIN AUTH RE                                            | California Municipal Finance Authority                                                                                                                 | CUSIP: 13048VX29<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    470000 | PA      | $510051.00    | 0.10%             | 2041-09-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| RANCHO CORDOVA CA CMNTY FACS D                                            | City of Rancho Cordova CA                                                                                                                              | CUSIP: 75211RSY4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    205000 | PA      | $218165.06    | 0.04%             | 2035-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SAN DIEGO COUNTY REGIONAL AIRPORT AUTHORITY (CA)                          | CA SDGAPT 5 07/01/2044                                                                                                                                 | CUSIP: 79739GLE4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1170000 | PA      | $1216488.90   | 0.25%             | 2044-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS FIN AUTH                                                         | IL ILSGEN 5 08/15/2052                                                                                                                                 | CUSIP: 45204FTB1<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    400000 | PA      | $398143.48    | 0.08%             | 2052-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CAMPBELL CA UNION HIGH SCH DIS                                            | Campbell Union High School District                                                                                                                    | CUSIP: 134159D41<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    825000 | PA      | $895750.02    | 0.18%             | 2045-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA HEALTH FACS FING AUTH                                          | CA CASMED 5.25 12/01/2044                                                                                                                              | CUSIP: 13032UU71<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |   1030000 | PA      | $1073693.42   | 0.22%             | 2044-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| FOLSOM CORDOVA CA UNIF SCH DIS                                            | Folsom Cordova Unified School District School Facilities Improvement Dist No 5                                                                         | CUSIP: 34440VCR7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    545000 | PA      | $532065.90    | 0.11%             | 2040-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| EL PASO TX                                                                | City of El Paso TX                                                                                                                                     | CUSIP: 283734F71<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1505642.25   | 0.31%             | 2042-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COMPTON CA UNIF SCH DIST                                                  | Compton Unified School District/CA                                                                                                                     | CUSIP: 204736FD9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    140000 | PA      | $141729.63    | 0.03%             | 2032-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ESTRN CA MUNI WTR DIST CMNTY F                                            | Eastern Municipal Water District Community Facilities District                                                                                         | CUSIP: 27627M7T8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $76204.82     | 0.02%             | 2030-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BREA CA WTR REVENUE                                                       | City of Brea CA Water Utility Revenue                                                                                                                  | CUSIP: 106295CM8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    800000 | PA      | $719874.16    | 0.15%             | 2038-07-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST EDUCTNL FACS AUT                                            | California Educational Facilities Authority                                                                                                            | CUSIP: 130179RK2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     70000 | PA      | $69625.60     | 0.01%             | 2048-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MORAGA CA ELEM SCH DIST                                                   | Moraga Elementary School District                                                                                                                      | CUSIP: 616421EX7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1990000 | PA      | $2065035.74   | 0.42%             | 2049-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST                                                             | CA CAS 5.25 09/01/2047                                                                                                                                 | CUSIP: 13063DS90<br>LEI: 9845007J7054602FF597 | Long             | DBT              | MUN               | US        |    180000 | PA      | $190866.19    | 0.04%             | 2047-09-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| RIVERSIDE CA UNIF SCH DIST SPL                                            | Riverside Unified School District                                                                                                                      | CUSIP: 7690692K0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    415000 | PA      | $422232.21    | 0.09%             | 2045-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| RANCHO CORDOVA CA CMNTY FACS D                                            | City of Rancho Cordova CA                                                                                                                              | CUSIP: 75211RSV0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    135000 | PA      | $142910.38    | 0.03%             | 2032-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MAMMOTH LAKES CALIF                                                       | CA MMLCTF 5 06/01/2044                                                                                                                                 | CUSIP: 561550DE1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $535922.00    | 0.11%             | 2044-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST PUBLIC WKS BRD L                                            | California State Public Works Board                                                                                                                    | CUSIP: 13068XQT9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    900000 | PA      | $913329.09    | 0.19%             | 2026-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST                                                             | CA CAS 7.5 04/01/2034                                                                                                                                  | CUSIP: 13063A5E0<br>LEI: 9845007J7054602FF597 | Long             | DBT              | MUN               | US        |   3450000 | PA      | $3966112.76   | 0.82%             | 2034-04-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT ST HSG FIN AUTH HS                                            | Connecticut Housing Finance Authority                                                                                                                  | CUSIP: 20775C5Q3<br>LEI: 5493003DXX0NRJKSH186 | Long             | DBT              | MUN               | US        |    750000 | PA      | $666919.95    | 0.14%             | 2034-11-15      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CNTY CA PUBLIC WKS                                            | Los Angeles County Public Works Financing Authority                                                                                                    | CUSIP: 54473EYP3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $430732.64    | 0.09%             | 2053-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CALIFORNIA TOBACCO SECURITIZATION AUTHORITY (CA)                 | CA TOBGEN 5 06/01/2035                                                                                                                                 | CUSIP: 888804CL3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $265243.18    | 0.05%             | 2035-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OAKDALE CA JT UNIF SCH DIST                                               | Oakdale Joint Unified School District/CA                                                                                                               | CUSIP: 672006EG4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $24780.02     | 0.01%             | 2054-08-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| CABRILLO CA UNIF SCH DIST                                                 | Cabrillo Unified School District                                                                                                                       | CUSIP: 127127LG1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    625000 | PA      | $628086.56    | 0.13%             | 2048-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UNIVERSITY CALIF                                                          | CA UNVHGR 5 05/15/2048                                                                                                                                 | CUSIP: 91412HBB8<br>LEI: RRR42I7GG51DB5HDQR14 | Long             | DBT              | MUN               | US        |   1985000 | PA      | $2027754.32   | 0.42%             | 2048-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST INFRASTRUCTURE &                                            | California Infrastructure & Economic Development Bank                                                                                                  | CUSIP: 13034RAT0<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |   2875000 | PA      | $2989956.30   | 0.61%             | 2044-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HAYWARD CA UNIF SCH DIST COPS                                             | Hayward Unified School District                                                                                                                        | CUSIP: 421294EH8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1008761.00   | 0.21%             | 2052-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| TURLOCK CA IRR DIST                                                       | Turlock Irrigation District                                                                                                                            | CUSIP: 900190LE7<br>LEI: 5493001J7IGC81HEQJ12 | Long             | DBT              | MUN               | US        |    195000 | PA      | $204818.58    | 0.04%             | 2041-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UNIVERSITY CALIF                                                          | CA UNVHGR 5 05/15/2046                                                                                                                                 | CUSIP: 91412HKT9<br>LEI: RRR42I7GG51DB5HDQR14 | Long             | DBT              | MUN               | US        |   3835000 | PA      | $4006165.64   | 0.82%             | 2046-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State Street Corp.                                                        | State Street Corp. DEPOSITARY SHARES, EACH REPRESENTING A 1/4,000TH OWNERSHIP INTEREST IN A SHARE OF FIXED-TO-FLOATING RATE NON-CUMULATIVE PERPETUAL P | CUSIP: 857477855<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | EP               | CORP              | US        |     20000 | NS      | $432400.00    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| SANTA MONICA CA PUBLIC FING AU                                            | Santa Monica Public Financing Authority                                                                                                                | CUSIP: 802437FX6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3690000 | PA      | $3757114.83   | 0.77%             | 2042-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State Street Corp.                                                        | STT V6.45 PERP                                                                                                                                         | CUSIP: 857477CS0<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | DBT              | CORP              | US        |   2200000 | PA      | $2234654.40   | 0.46%             | N/A             | Fixed         | 6.45%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc.                                                            | C V6.75 PERP EE                                                                                                                                        | CUSIP: 172967PR6<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |   2800000 | PA      | $2800458.00   | 0.58%             | N/A             | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| RANCHO CORDOVA CMNTY FACS DIST CALIF                                      | CA RCRFAC 5 09/01/2045                                                                                                                                 | CUSIP: 75211RTZ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $31609.90     | 0.01%             | 2045-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLORADO ST SCH OF MINES INSTN                                            | Colorado School of Mines                                                                                                                               | CUSIP: 19658QDG9<br>LEI: 549300TQMFMDZTM5HY46 | Long             | DBT              | MUN               | US        |   2900000 | PA      | $2945688.05   | 0.61%             | 2042-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES UNIFIED SCHOOL DISTRICT (CA)                                  | CA LOSSCD 5.25 07/01/2042                                                                                                                              | CUSIP: 5446466W7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2270000 | PA      | $2341586.72   | 0.48%             | 2042-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| LAKE ELSINORE CA SPL TAX                                                  | City of Lake Elsinore CA                                                                                                                               | CUSIP: 50963NWH8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    575000 | PA      | $588479.15    | 0.12%             | 2044-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| RANCHO CORDOVA CMNTY FACS DIST CALIF                                      | CA RCRFAC 5 09/01/2042                                                                                                                                 | CUSIP: 75211RTW7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    225000 | PA      | $243501.75    | 0.05%             | 2042-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SACRAMENTO CA TRANSIENT OCCUPA                                            | City of Sacramento CA Transient Occupancy Tax Revenue                                                                                                  | CUSIP: 786073AW6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5565000 | PA      | $5684266.85   | 1.17%             | 2048-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DESERT SANDS CA UNIF SCH DIST                                             | Desert Sands Unified School District                                                                                                                   | CUSIP: 250436BF8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $106739.98    | 0.02%             | 2044-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LEMOORE CA UNION ELEM SCH DIST                                            | Lemoore Union Elementary School District                                                                                                               | CUSIP: 525725AT4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $20789.46     | 0.00%             | 2040-05-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST EDUCTNL FACS AUT                                            | California Educational Facilities Authority                                                                                                            | CUSIP: 130179RL0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5205000 | PA      | $5119276.77   | 1.05%             | 2053-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HESPERIA CA JT PUB FING AUTH L                                            | Hesperia Public Financing Authority                                                                                                                    | CUSIP: 42806HAX8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    225000 | PA      | $200932.27    | 0.04%             | 2042-10-01      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance A                                            | California Municipal Finance Authority                                                                                                                 | CUSIP: 13050WAH4<br>LEI: 5493000UQOV6R4ZWS346 | Long             | ABS-MBS          | CORP              | US        |    750000 | PA      | $690867.00    | 0.14%             | 2041-07-20      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| Viatris Inc                                                               | VTRS 3.85 06/22/40                                                                                                                                     | CUSIP: 92556VAE6<br>LEI: 254900ZZTSW7NL773X71 | Long             | DBT              | CORP              | US        |    500000 | PA      | $380239.44    | 0.08%             | 2040-06-22      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| INDEP CITIES CA FIN AUTH MOBIL                                            | Independent Cities Finance Authority                                                                                                                   | CUSIP: 45385LMQ3<br>LEI: 549300ZZZYTBUL6FR983 | Long             | DBT              | MUN               | US        |    925000 | PA      | $927595.92    | 0.19%             | 2048-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| RANCHO CORDOVA CA CMNTY FACS D                                            | City of Rancho Cordova CA                                                                                                                              | CUSIP: 75211RSS7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     80000 | PA      | $84051.78     | 0.02%             | 2029-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA CMNTY CHOICE FING AUTH                                         | CA CCEDEV 07/01/2053                                                                                                                                   | CUSIP: 13013JCB0<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   2965000 | PA      | $3110367.13   | 0.64%             | 2053-07-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| FOLSOM CORDOVA CA UNIF SCH DIS                                            | Folsom Cordova Unified School District School Facilities Improvement Dist No 5                                                                         | CUSIP: 34440VBQ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1436859.15   | 0.30%             | 2041-10-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CA UNIF SCH DIST                                              | Los Angeles Unified School District/CA                                                                                                                 | CUSIP: 5446464Z2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    270000 | PA      | $267429.47    | 0.05%             | 2031-07-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Hudson Pacific Properties LP                                              | HPP 4.65 04/01/29                                                                                                                                      | CUSIP: 44409MAB2<br>LEI: 5493007NTUGLGZ8T3526 | Long             | DBT              | CORP              | US        |    500000 | PA      | $426828.84    | 0.09%             | 2029-04-01      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| IOWA ST FIN AUTH HLTH FACS REV                                            | Iowa Finance Authority                                                                                                                                 | CUSIP: 462466EZ2<br>LEI: 549300NQVL49BTHOW391 | Long             | DBT              | MUN               | US        |    150000 | PA      | $150382.76    | 0.03%             | 2032-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST HLTH FACS FING A                                            | California Health Facilities Financing Authority                                                                                                       | CUSIP: 13032UJG4<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |    410000 | PA      | $413133.02    | 0.08%             | 2034-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SELMA CA UNIF SCH DIST                                                    | Selma Unified School District                                                                                                                          | CUSIP: 816547KD4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    605000 | PA      | $627993.09    | 0.13%             | 2049-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc.                                                            | C V7.625 PERP AA                                                                                                                                       | CUSIP: 172967PE5<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |   1550000 | PA      | $1603684.25   | 0.33%             | N/A             | Fixed         | 7.62%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST UNIV REVENUE                                                | California State University                                                                                                                            | CUSIP: 13077DEX6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1910000 | PA      | $1978613.31   | 0.41%             | 2043-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UNIV OF CALIFORNIA REVENUES                                               | University of California                                                                                                                               | CUSIP: 91412G2K0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1620000 | PA      | $1647958.77   | 0.34%             | 2042-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| POWAY CA REDEV AGY SUCCESSOR A                                            | Poway Redevelopment Agency Successor Agency                                                                                                            | CUSIP: 738798AU1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2190000 | PA      | $2194450.74   | 0.45%             | 2028-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SAN DIEGO CA UNIF SCH DIST                                                | San Diego Unified School District/CA                                                                                                                   | CUSIP: 7973556R0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2750000 | PA      | $1990685.40   | 0.41%             | 2034-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| BELLEVUE WA                                                               | City of Bellevue WA                                                                                                                                    | CUSIP: 0793652Z4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2315000 | PA      | $2316444.56   | 0.48%             | 2031-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PASADENA CA AREA CMNTY CLG DIS                                            | Pasadena Area Community College District                                                                                                               | CUSIP: 702185GH6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    205000 | PA      | $213793.82    | 0.04%             | 2048-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SAN MATEO COUNTY JOINT POWERS FINANCING AUTHORITY (CA)                    | CA SMTGEN 5 07/15/2043                                                                                                                                 | CUSIP: 79904NGP9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2250000 | PA      | $2319418.58   | 0.48%             | 2043-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WILLIAM S. HART UNION HIGH SCHOOL (CA)                                    | CA WSHSCD 3.5 08/01/2038                                                                                                                               | CUSIP: 969268CM1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    480000 | PA      | $465441.60    | 0.10%             | 2038-08-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| MENLO PARK CA CITY SCH DIST                                               | Menlo Park City School District                                                                                                                        | CUSIP: 586840QA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1410000 | PA      | $1513385.29   | 0.31%             | 2045-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST DEPT OF VETERANS                                            | Department of Veterans Affairs Veteran's Farm & Home Purchase Program                                                                                  | CUSIP: 130658QF7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     40000 | PA      | $38887.26     | 0.01%             | 2027-06-01      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| SAN FRANCISCO CITY & CNTY CA P                                            | San Francisco City & County Public Utilities Commission Wastewater Revenue                                                                             | CUSIP: 79768HDA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $488136.10    | 0.10%             | 2040-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ANAHEIM CA HSG & PUBLIC IMPT A                                            | Anaheim Housing & Public Improvements Authority                                                                                                        | CUSIP: 032556QV7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1785000 | PA      | $1864293.09   | 0.38%             | 2047-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| WHITTIER CA UNION HIGH SCH DIS                                            | Whittier Union High School District                                                                                                                    | CUSIP: 966782SS4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    900000 | PA      | $649612.80    | 0.13%             | 2034-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| The Bank of New York Mellon Corp.                                         | The Bank of New York Mellon Corp. DEPOSITARY SHARES EACH REPRESENTING A 1/4,000TH INTEREST IN A SHARE OF SERIES K NONCUMULATIVE PERPETUAL PREFERRED ST | CUSIP: 064058845<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | EP               | CORP              | US        |     13250 | NS      | $331250.00    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| SAN FRANCISCO CALIF CITY & CNTY ARPTS COMMN                               | CA SFOAPT 5 05/01/2050                                                                                                                                 | CUSIP: 79766DSC4<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |   2025000 | PA      | $2063858.13   | 0.42%             | 2050-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA HEALTH FACS FING AUTH                                          | CA CASMED 5.25 12/01/2049                                                                                                                              | CUSIP: 13032US74<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |   2445000 | PA      | $2563503.53   | 0.53%             | 2049-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| STOCKTON CA UNIF SCH DIST COPS                                            | Stockton Unified School District                                                                                                                       | CUSIP: 861422FH1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2060000 | PA      | $2133721.63   | 0.44%             | 2035-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WSTRN PLACER CA UNIF SCH DIST                                             | Western Placer Unified School District                                                                                                                 | CUSIP: 959214GH4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    355000 | PA      | $356824.31    | 0.07%             | 2043-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ESTRN CA MUNI WTR DIST CMNTY F                                            | Eastern Municipal Water District Community Facilities District                                                                                         | CUSIP: 27627M7Q4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     70000 | PA      | $70881.81     | 0.01%             | 2027-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST                                                             | CA CAS 5.25 10/01/2045                                                                                                                                 | CUSIP: 13063D4E5<br>LEI: 9845007J7054602FF597 | Long             | DBT              | MUN               | US        |   1975000 | PA      | $2131208.68   | 0.44%             | 2045-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| UNIV CALIF REGTS MED CTR                                                  | CA UNVHGR 5 05/15/2047                                                                                                                                 | CUSIP: 913366KS8<br>LEI: RRR42I7GG51DB5HDQR14 | Long             | DBT              | MUN               | US        |   2050000 | PA      | $2144771.30   | 0.44%             | 2047-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MONTEBELLO CA PUBLIC FING AUTH                                            | Montebello Public Financing Authority                                                                                                                  | CUSIP: 612286DS0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1175000 | PA      | $1175971.26   | 0.24%             | 2046-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST                                                             | CA CAS 4.35 11/01/2032                                                                                                                                 | CUSIP: 13063ESC1<br>LEI: 9845007J7054602FF597 | Long             | DBT              | MUN               | US        |   8000000 | PA      | $7981560.80   | 1.64%             | 2032-11-01      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA HSG FIN AGY                                                    | CA CASMFH 05/01/2047                                                                                                                                   | CUSIP: 13034DBK9<br>LEI: 549300BOPCVLBA552Z14 | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1098629.18   | 0.23%             | 2047-05-01      | Variable      | 2.90%                 | No            |                  2 | On Loan: No      |
| YUBA CA LEVEE FING AUTH REVENU                                            | Yuba Levee Financing Authority                                                                                                                         | CUSIP: 988211AZ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $20193.61     | 0.00%             | 2029-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST                                                             | State of California                                                                                                                                    | CUSIP: 13063DR42<br>LEI: 9845007J7054602FF597 | Long             | DBT              | MUN               | US        |    280000 | PA      | $222490.21    | 0.05%             | 2046-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| ATWATER CA ELEM SCH DIST COPS                                             | Atwater Elementary School District                                                                                                                     | CUSIP: 04988RBM9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $756803.25    | 0.16%             | 2044-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-05-26

**Name of Applicant:** FundVantage Trust

**Signature:** Christine S. Catanzaro

**Name of Signer:** Christine S. Catanzaro

**Title:** Treasurer and Chief Financial Officer