# EDGAR Filing Document

**Accession Number:** 0000798737
**File Stem:** 0001410368-26-040395
**Filing Date:** 2026-4
**Character Count:** 575892
**Document Hash:** 1691b4019b51f7fb494245f169182f61
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001410368-26-040395.hdr.sgml**: 20260424

**ACCESSION NUMBER**: 0001410368-26-040395

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260228

**FILED AS OF DATE**: 20260424

**DATE AS OF CHANGE**: 20260424

**PERIOD START**: 20260531

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** AB MUNICIPAL INCOME FUND, INC.
- **CENTRAL INDEX KEY:** 0000798737

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-04791
- **FILM NUMBER:** 26895234

**BUSINESS ADDRESS:**
- **STREET 1:** ALLIANCEBERNSTEIN LP
- **STREET 2:** 66 HUDSON BOULEVARD EAST, 26TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10001
- **BUSINESS PHONE:** 2129691000

**MAIL ADDRESS:**
- **STREET 1:** ALLIANCEBERNSTEIN LP
- **STREET 2:** 66 HUDSON BOULEVARD EAST, 26TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10001

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** ALLIANCEBERNSTEIN MUNICIPAL INCOME FUND INC
- **DATE OF NAME CHANGE:** 20030319

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** ALLIANCE MUNICIPAL INCOME FUND INC/NY/
- **DATE OF NAME CHANGE:** 20010629

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** ALLIANCE MUNICIPAL INCOME FUND INC/NY
- **DATE OF NAME CHANGE:** 20010629

## Series and Classes Contracts Data

### AB National Portfolio (Series ID: S000010351)

| Class ID   | Class Name    | Ticker Symbol   |
|:---|:---|:---|
| C000028628 | Class A       | ALTHX           |
| C000028630 | Class C       | ALNCX           |
| C000069625 | Advisor Class | ALTVX           |

## Nport-Ex

**AB Municipal Income Fund, Inc.** 

**AB National Portfolio** 

**Portfolio of Investments** 

**February 28, 2026 (unaudited)** 

---

| | | |
|:---|:---|:---|
| | **Principal**<br> **Amount**<br> **(000)** | **U.S. $ Value** |
|  **MUNICIPAL OBLIGATIONS – 98.0%** |  |  |
|  **Long-Term Municipal Bonds – 96.0%** |  |  |
|  **Alabama – 4.4%** |  |  |
|  Alabama Highway Authority<br> (Alabama Highway Authority)<br>AG Series 2025<br>5.00%, 09/01/2039 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1250 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1454962 |
|  Black Belt Energy Gas District<br> (BP PLC)<br>Series 2024-D<br>5.00%, 03/01/2055 | 4000 | 4412526 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2025-E<br>5.00%, 12/01/2055 | 1725 | 1902589 |
|  Black Belt Energy Gas District<br> (Canadian Imperial Bank of Commerce)<br>Series 2026-B<br>5.00%, 12/01/2034 | 1810 | 1998654 |
|  Black Belt Energy Gas District<br> (Citadel LP)<br>Series 2025-C<br>5.50%, 11/01/2056<sup>(a)</sup> | 2850 | 3116164 |
|  Black Belt Energy Gas District<br> (Goldman Sachs Group)<br>Series 2023-C<br>5.50%, 10/01/2054 | 5000 | 5577328 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2023-D<br>4.309% (SOFR + 1.85%), 06/01/2049<sup>(b)</sup> | 5000 | 5096064 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2024-B<br>5.00%, 10/01/2055 | 2420 | 2640235 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2025-G<br>5.00%, 10/01/2035 | 1695 | 1851954 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2026-E<br>5.00%, 07/01/2033<sup>(c)</sup> | 1465 | 1588366 |
|  Black Belt Energy Gas District<br> (Morgan Stanley)<br>Series 2022-C<br>5.25%, 02/01/2053 | 1770 | 1894033 |
|  Black Belt Energy Gas District<br> (Pacific Life Insurance)<br>Series 2024-C<br>5.00%, 05/01/2055 | 2000 | 2168254 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2025-D<br>5.00%, 12/01/2055 | 1205 | 1337843 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2026-F<br>5.00%, 12/01/2035 | 1305 | 1434769 |
|  County of Jefferson AL<br> (County of Jefferson AL Sales & Use Tax Revenue)<br>Series 2017<br>5.00%, 09/15/2033 | 1000 | 1025620 |
|  County of Jefferson AL Sewer Revenue<br> (County of Jefferson AL Sewer Revenue)<br>Series 2024<br>5.25%, 10/01/2049 | 1000 | 1053406 |
|  Energy Southeast A Cooperative District<br> (Goldman Sachs Group)<br>Series 2025-A<br>5.00%, 11/01/2035 | 1000 | 1093113 |

---

------

---

| | | |
|:---|:---|:---|
| | **Principal**<br> **Amount**<br> **(000)** | **U.S. $ Value** |
|  Energy Southeast A Cooperative District<br> (Morgan Stanley)<br>Series 2023-A<br>4.509% (SOFR + 2.05%), 11/01/2053<sup>(b)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2000 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2034616 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2023-B<br>4.659% (SOFR + 2.20%), 04/01/2054<sup>(b)</sup> | 3000 | 3068912 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2024-B<br>5.25%, 07/01/2054 | 2000 | 2208331 |
|  Homewood Educational Building Authority<br> (CHF - Horizons II LLC)<br>Series 2024<br>5.50%, 10/01/2049 | 250 | 257815 |
|  Infirmary Health System Special Care Facilities Financing Authority of Mobile<br> (Infirmary Health System Obligated Group)<br>Series 2016<br>5.00%, 02/01/2036 | 2500 | 2502329 |
|  Mobile County Industrial Development Authority<br> (ArcelorMittal SA)<br>Series 2024<br>4.75%, 12/01/2054 | 1000 | 956528 |
|  Southeast Alabama Gas Supply District (The)<br> (Pacific Life Insurance)<br>Series 2024-A<br>5.00%, 08/01/2054 | 2500 | 2712203 |
|  Southeast Energy Authority A Cooperative District<br> (Athene Annuity & Life Co.)<br>Series 2025-A<br>5.00%, 01/01/2056 | 3745 | 3940973 |
|  Southeast Energy Authority A Cooperative District<br> (BP PLC)<br>Series 2025-F<br>5.25%, 11/01/2055 | 4370 | 4918513 |
|  Southeast Energy Authority A Cooperative District<br> (Deutsche Bank AG)<br>Series 2024-A<br>5.00%, 11/01/2035 | 2000 | 2151020 |
|  Southeast Energy Authority A Cooperative District<br> (Goldman Sachs Group)<br>Series 2022-B<br>5.00%, 05/01/2053 | 1000 | 1050940 |
|  Southeast Energy Authority A Cooperative District<br> (JPMorgan Chase & Co.)<br>Series 2025-E<br>5.00%, 10/01/2030 | 5500 | 5994018 |
|  Southeast Energy Authority A Cooperative District<br> (Morgan Stanley)<br>Series 2021-B<br>4.00%, 12/01/2051 | 2000 | 2091742 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022-A<br>4.879% (SOFR + 2.42%), 01/01/2053<sup>(b)</sup> | 2000 | 2089554 |
|  Southeast Energy Authority A Cooperative District<br> (New York Life Insurance)<br>Series 2025<br>5.00%, 09/01/2035 | 1245 | 1394231 |
|  Southeast Energy Authority A Cooperative District<br> (Pacific Life Insurance)<br>Series 2024-C<br>5.00%, 10/01/2055 | 3575 | 3926131 |

---

------

---

| | | |
|:---|:---|:---|
| | **Principal**<br> **Amount**<br> **(000)** | **U.S. $ Value** |
|  Southeast Energy Authority A Cooperative District<br> (Royal Bank of Canada)<br>Series 2023-B<br>5.00%, 01/01/2054 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2000 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2151726 |
|  Southeast Energy Authority A Cooperative District<br> (Sumitomo Mitsui Financial Group)<br>Series 2023-A<br>5.25%, 01/01/2054 | 4000 | 4268838 |
|  |  | 87364300 |
|  **Alaska – 0.0%** |  |  |
|  Northern Tobacco Securitization Corp.<br> (Northern Tobacco Securitization)<br>Series 2021-B<br>Zero Coupon, 06/01/2066 | 1000 | 113505 |
|  **American Samoa – 0.1%** |  |  |
|  American Samoa Economic Development Authority<br> (Territory of American Samoa)<br>Series 2018<br>7.125%, 09/01/2038<sup>(a)</sup> | 1490 | 1593734 |
|  **Arizona – 3.4%** |  |  |
|  Arizona Industrial Development Authority<br> (AZIDA 2019-2)<br>Series 2019-2, Class A<br>3.625%, 05/20/2033 | 4204 | 4290600 |
|  Arizona Industrial Development Authority<br> (Equitable School Revolving Fund Obligated Group)<br>Series 2024<br>5.00%, 11/01/2049 | 4185 | 4326271 |
|  Arizona Industrial Development Authority<br> (Legacy Cares, Inc.)<br>Series 2020<br>7.75%, 07/01/2050<sup>(d) (e) (f)</sup> | 3725 | 87538 |
|  Arizona Industrial Development Authority<br> (San Tan Valley AH I LLLP)<br>Series 2024-A<br>5.68%, 01/01/2043<sup>(a)</sup> | 2000 | 2010700 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2024-B<br>5.68%, 01/01/2043<sup>(a)</sup> | 430 | 430209 |
|  Chandler Industrial Development Authority<br> (Intel Corp.)<br>Series 2022<br>5.00%, 09/01/2052 | 2000 | 2042406 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2024<br>4.00%, 06/01/2049 | 8000 | 8230011 |
|  City of Glendale AZ<br> (City of Glendale AZ COP)<br>Series 2021<br>2.222%, 07/01/2030 | 2000 | 1874977 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.742%, 07/01/2035 | 2000 | 1749269 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.842%, 07/01/2036 | 2000 | 1728985 |

---

------

---

| | | |
|:---|:---|:---|
| | **Principal**<br> **Amount**<br> **(000)** | **U.S. $ Value** |
|  City of Tempe AZ<br> (City of Tempe AZ COP)<br>Series 2021<br>2.071%, 07/01/2032 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;894865 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.521%, 07/01/2036 | 2500 | 2114092 |
|  Industrial Development Authority of the City of Phoenix Arizona (The)<br> (AZ GFF Tiyan LLC Lease)<br>Series 2014<br>5.00%, 02/01/2029 | 1235 | 1235081 |
|  Industrial Development Authority of the City of Phoenix Arizona (The)<br> (Brooks West Rehabilitation Services I)<br>Series 2024<br>5.00%, 10/31/2044 | 5000 | 5329183 |
|  Industrial Development Authority of the County of Pima (The)<br> (Edkey Obligated Group)<br>Series 2020<br>5.00%, 07/01/2040<sup>(d) (e) (f)</sup> | 1355 | 1084000 |
|  Industrial Development Authority of the County of Pima (The)<br> (La Posada at Park Centre Obligated Group)<br>Series 2022<br>7.00%, 11/15/2057<sup>(a)</sup> | 1000 | 1071130 |
|  Maricopa County Industrial Development Authority<br> (Commercial Metals Co.)<br>Series 2022<br>4.00%, 10/15/2047<sup>(a)</sup> | 1100 | 973970 |
|  Maricopa County Industrial Development Authority<br> (HonorHealth Obligated Group)<br>Series 2024-D<br>5.00%, 12/01/2042 | 1225 | 1345161 |
|  Maricopa County Industrial Development Authority<br> (Legacy Traditional School Obligated Group)<br>Series 2025<br>5.25%, 07/01/2050 | 1000 | 991693 |
|  Maricopa County Industrial Development Authority<br> (Morrison Education Group Obligated Group)<br>Series 2024-A<br>6.75%, 07/01/2063<sup>(a)</sup> | 1000 | 1033962 |
|  Maricopa County Special Health Care District<br> (Maricopa County Special Health Care District)<br>Series 2018-C<br>5.00%, 07/01/2035 | 4000 | 4217439 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 07/01/2036 | 7800 | 8213228 |
|  Salt River Project Agricultural Improvement & Power District<br> (Salt River Project Agricultural Improvement & Power District)<br>Series 2023-B<br>5.25%, 01/01/2053 | 10000 | 10663065 |
|  Tempe Industrial Development Authority<br> (Mirabella at ASU, Inc.)<br>Series 2017-A<br>6.00%, 10/01/2037<sup>(a)</sup> | 1200 | 1055456 |

---

------

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| | | |
|:---|:---|:---|
| | **Principal**<br> **Amount**<br> **(000)** | **U.S. $ Value** |
|  Yuma Industrial Development Authority<br> (Yuma Regional Medical Center Obligated Group)<br>AG Series 2024<br>4.00%, 08/01/2054 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2000 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1793307 |
|  |  | 68786598 |
|  **Arkansas – 0.1%** |  |  |
|  Arkansas Development Finance Authority<br> (Hybar LLC)<br>Series 2024<br>7.375%, 07/01/2048<sup>(a)</sup> | 1100 | 1195890 |
|  Arkansas Development Finance Authority<br> (United States Steel Corp.)<br>Series 2022<br>5.45%, 09/01/2052 | 500 | 504018 |
|  |  | 1699908 |
|  **California – 15.2%** |  |  |
|  Alameda Corridor Transportation Authority<br> (Alameda Corridor Transportation Authority)<br>Series 2022-A<br>0.00%, 10/01/2048<sup>(g)</sup> | 4000 | 2405438 |
| &nbsp;&nbsp;&nbsp;&nbsp; AG Series 2024<br>Zero Coupon, 10/01/2053 | 2000 | 523628 |
| &nbsp;&nbsp;&nbsp;&nbsp; NATL Series 1999-1<br>Zero Coupon, 10/01/2031 | 2000 | 1730055 |
|  Align Affordable Housing Bond Fund LP<br> (Park Landing LP)<br>Series 2022-2<br>5.66%, 08/01/2052 | 2000 | 1872050 |
|  Align Affordable Housing Bond Fund LP<br> (SHI - Lake Worth LLC)<br>Series 2021<br>3.25%, 12/01/2051<sup>(a)</sup> | 3000 | 2717533 |
|  Align Capital Series Trust 2025-1<br>Series 2025-2<br>5.75%, 01/01/2052<sup>(a)</sup> | 1000 | 1037823 |
|  Anaheim Public Financing Authority<br> (City of Anaheim CA Lease)<br>AG Series 1997<br>Zero Coupon, 09/01/2031 | 2000 | 1749605 |
|  Burbank-Glendale-Pasadena Airport Authority Brick Campaign<br> (Burbank-Glendale-Pasadena Airport Authority Brick Campaign)<br>Series 2024-B<br>5.00%, 07/01/2033 | 2000 | 2303944 |
| &nbsp;&nbsp;&nbsp;&nbsp; AG Series 2024-B<br>4.375%, 07/01/2049 | 5000 | 4894561 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 07/01/2054 | 2250 | 2222453 |
|  California Community Choice Financing Authority<br> (American General Life Insurance)<br>Series 2024C<br>5.00%, 08/01/2055 | 2000 | 2163721 |
|  California Community Choice Financing Authority<br> (Athene Annuity & Life Co.)<br>Series 2025-A<br>5.00%, 01/01/2056 | 1000 | 1071299 |

---

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| | | |
|:---|:---|:---|
| | **Principal**<br> **Amount**<br> **(000)** | **U.S. $ Value** |
|  California Community Choice Financing Authority<br> (Bank of Nova Scotia (The))<br>Series 2025E<br>5.00%, 10/01/2056 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4085 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4574956 |
|  California Community Choice Financing Authority<br> (Canadian Imperial Bank of Commerce)<br>Series 2025F<br>5.00%, 11/01/2033 | 1755 | 1942162 |
|  California Community Choice Financing Authority<br> (Deutsche Bank AG)<br>Series 2023<br>5.25%, 01/01/2054 | 4300 | 4621138 |
|  California Community Choice Financing Authority<br> (Goldman Sachs Group)<br>Series 2023<br>5.25%, 11/01/2054 | 2745 | 2960295 |
|  California Community Choice Financing Authority<br> (Morgan Stanley)<br>Series 2023<br>4.088% (SOFR + 1.63%), 07/01/2053<sup>(b)</sup> | 2000 | 2016782 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.128% (SOFR + 1.67%), 02/01/2054<sup>(b)</sup> | 2000 | 2030121 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2024<br>5.00%, 05/01/2054 | 2000 | 2180421 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2024-E<br>5.00%, 02/01/2055 | 1000 | 1093809 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2026-A<br>3.908% (SOFR + 1.45%), 04/01/2056<sup>(b)</sup> | 2000 | 1999943 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 04/01/2056 | 1000 | 1109615 |
|  California Community Choice Financing Authority<br> (New York Life Insurance)<br>Series 2024H<br>5.00%, 01/01/2056 | 1000 | 1115546 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2025G<br>5.00%, 12/01/2035 | 1000 | 1126164 |
|  California Community Choice Financing Authority<br> (Nomura Holdings, Inc.)<br>Series 2026<br>5.00%, 03/01/2036 | 1070 | 1166031 |
|  California Community Choice Financing Authority<br> (Pacific Life Insurance)<br>Series 2025B<br>5.00%, 03/01/2056 | 1950 | 2165983 |
|  California Community Choice Financing Authority<br> (Royal Bank of Canada)<br>Series 2024D<br>5.00%, 02/01/2055 | 2320 | 2566775 |
|  California Community Housing Agency<br> (California Community Housing Agency Aster Apartments)<br>Series 2021-A<br>4.00%, 02/01/2056<sup>(a)</sup> | 2000 | 1696600 |
|  California Community Housing Agency<br> (California Community Housing Agency Brio Apartments & Next on Lex Apartments)<br>Series 2021<br>4.00%, 02/01/2056<sup>(a)</sup> | 5000 | 4290001 |

---

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| | | |
|:---|:---|:---|
| | **Principal**<br> **Amount**<br> **(000)** | **U.S. $ Value** |
|  California Community Housing Agency<br> (California Community Housing Agency Fountains at Emerald Park)<br>Series 2021<br>3.00%, 08/01/2056<sup>(a)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;698560 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 08/01/2046<sup>(a)</sup> | 990 | 867353 |
|  California Community Housing Agency<br> (California Community Housing Agency Summit at Sausalito Apartments)<br>Series 2021<br>3.00%, 02/01/2057<sup>(a)</sup> | 1000 | 693979 |
|  California Community Housing Agency<br> (California Community Housing Agency Twin Creek Apartments)<br>Series 2022-A<br>4.50%, 08/01/2052<sup>(a)</sup> | 2000 | 1532043 |
|  California County Tobacco Securitization Agency<br> (Los Angeles County Securitization)<br>Series 2020-A<br>4.00%, 06/01/2035 | 1300 | 1307273 |
|  California Health Facilities Financing Authority<br> (Adventist Health System/West Obligated Group)<br>Series 2025<br>5.00%, 12/01/2032 | 1650 | 1860346 |
|  California Housing Finance Agency<br> (CAHFA 2019-2)<br>Series 2019-2, Class A<br>4.00%, 03/20/2033 | 502 | 522243 |
|  California Housing Finance Agency<br> (CAHFA 2021-1)<br>Series 2021-1, Class A<br>3.50%, 11/20/2035 | 923 | 944080 |
|  California Housing Finance Agency<br> (CAHFA 2021-2)<br>Series 2021-2, Class A<br>3.75%, 03/25/2035 | 4687 | 4898216 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021-2, Class X<br>0.825%, 03/25/2035<sup>(h)</sup> | 2347 | 89224 |
|  California Housing Finance Agency<br> (CAHFA 2021-3)<br>Series 2021-3, Class A<br>3.25%, 08/20/2036 | 932 | 928923 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021-3, Class X<br>0.793%, 08/20/2036<sup>(h)</sup> | 2143 | 92822 |
|  California Infrastructure & Economic Development Bank<br> (Desertxpress Enterprises)<br>Series 2025<br>3.50%, 01/01/2065<sup>(a)</sup> | 6000 | 6002020 |
|  California Infrastructure & Economic Development Bank<br> (PIH Health Obligated Group)<br>Series 2024-A<br>5.00%, 12/01/2054<sup>(a)</sup> | 2000 | 2049939 |

---

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| | | |
|:---|:---|:---|
| | **Principal**<br> **Amount**<br> **(000)** | **U.S. $ Value** |
|  California Municipal Finance Authority<br> (California Municipal Finance Authority Municipal Certificates Series 2026-1)<br>Series 2026-1<br>4.05%, 07/20/2041<sup>(c)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2000 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2022335 |
|  California Municipal Finance Authority<br> (CHF-Riverside II LLC)<br>Series 2019<br>5.00%, 05/15/2035 | 1000 | 1056127 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 05/15/2036 | 1215 | 1277640 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 05/15/2037 | 1000 | 1047242 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 05/15/2038 | 2250 | 2347839 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 05/15/2041 | 915 | 941460 |
|  California Municipal Finance Authority<br> (LAX Integrated Express Solutions)<br>Series 2018<br>5.00%, 12/31/2035 | 4300 | 4452005 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 12/31/2036 | 3910 | 4037255 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 12/31/2043 | 12250 | 12452849 |
|  California Municipal Finance Authority<br> (United Airlines, Inc.)<br>Series 2019<br>4.00%, 07/15/2029 | 1000 | 1019483 |
|  California Pollution Control Financing Authority<br> (Channelside Water Resources)<br>Series 2012<br>5.00%, 07/01/2037<sup>(a)</sup> | 5795 | 5816922 |
|  California School Finance Authority<br> (Equitas Academy Obligated Group)<br>Series 2018-A<br>5.00%, 06/01/2041<sup>(a)</sup> | 3090 | 3090926 |
|  California State University<br> (California State University)<br>Series 2021-B<br>2.374%, 11/01/2035 | 2000 | 1697957 |
|  California Statewide Communities Development Authority<br> (Loma Linda University Medical Center)<br>Series 2016-A<br>5.00%, 12/01/2041<sup>(a)</sup> | 1400 | 1403610 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018-A<br>5.50%, 12/01/2058<sup>(a)</sup> | 1090 | 1109597 |
|  Central Valley Energy Authority<br> (Goldman Sachs Group)<br>Series 2026<br>5.00%, 08/01/2034 | 1000 | 1099426 |
|  Central Valley Energy Authority<br> (Pacific Life Insurance)<br>Series 2025<br>5.00%, 12/01/2055 | 5000 | 5549267 |
|  City of Los Angeles Department of Airports<br> (City of Los Angeles Dept. of Airports)<br>Series 2022<br>3.25%, 05/15/2049 | 1000 | 758553 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 05/15/2047 | 5000 | 5256006 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2025<br>5.00%, 05/15/2031 | 1800 | 2024098 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 05/15/2044 | 1000 | 1104919 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 05/15/2045 | 1130 | 1235053 |

---

------

---

| | | |
|:---|:---|:---|
| | **Principal**<br> **Amount**<br> **(000)** | **U.S. $ Value** |
|  CMFA Special Finance Agency<br> (CMFA Special Finance Agency Enclave)<br>Series 2022-A<br>4.00%, 08/01/2058<sup>(a)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2000 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1548108 |
|  CMFA Special Finance Agency<br> (CMFA Special Finance Agency Solana at Grand)<br>Series 2021-A<br>4.00%, 08/01/2045<sup>(a)</sup> | 1000 | 915082 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 08/01/2056<sup>(a)</sup> | 1000 | 876839 |
|  CMFA Special Finance Agency VIII Elan Huntington Beach<br> (CMFA Special Finance Agency VIII Elan Huntington Beach)<br>Series 2021<br>3.00%, 08/01/2056<sup>(a)</sup> | 4000 | 2789362 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 08/01/2047<sup>(a)</sup> | 855 | 804824 |
|  CSCDA Community Improvement Authority<br> (CSCDA Community Improvement Authority 777 Place-Pomona)<br>Series 2021<br>3.25%, 05/01/2057<sup>(a)</sup> | 1000 | 702907 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 05/01/2057<sup>(a)</sup> | 2000 | 1442938 |
|  CSCDA Community Improvement Authority<br> (CSCDA Community Improvement Authority 1818 Platinum Triangle-Anaheim)<br>Series 2021<br>3.25%, 04/01/2057<sup>(a)</sup> | 1000 | 740428 |
|  CSCDA Community Improvement Authority<br> (CSCDA Community Improvement Authority Acacia on Santa Rosa Creek)<br>Series 2021<br>4.00%, 10/01/2056<sup>(a)</sup> | 2000 | 1679677 |
|  CSCDA Community Improvement Authority<br> (CSCDA Community Improvement Authority Altana Apartments)<br>Series 2021<br>4.00%, 10/01/2056<sup>(a)</sup> | 1000 | 831687 |
|  CSCDA Community Improvement Authority<br> (CSCDA Community Improvement Authority Millennium South Bay-Hawthorne)<br>Series 2021<br>3.25%, 07/01/2056<sup>(a)</sup> | 1000 | 697959 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 07/01/2058<sup>(a)</sup> | 1000 | 542921 |
|  CSCDA Community Improvement Authority<br> (CSCDA Community Improvement Authority Oceanaire Apartments)<br>Series 2021<br>4.00%, 09/01/2056<sup>(a)</sup> | 2000 | 1462752 |
|  CSCDA Community Improvement Authority<br> (CSCDA Community Improvement Authority Park Crossing Apartments)<br>Series 2021<br>3.25%, 12/01/2058<sup>(a)</sup> | 1500 | 1047330 |

---

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| | | |
|:---|:---|:---|
| | **Principal**<br> **Amount**<br> **(000)** | **U.S. $ Value** |
|  CSCDA Community Improvement Authority<br> (CSCDA Community Improvement Authority Pasadena Portfolio)<br>Series 2021<br>3.00%, 12/01/2056<sup>(a)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1480 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1046356 |
|  CSCDA Community Improvement Authority<br> (CSCDA Community Improvement Authority The Crescent)<br>Series 2022<br>4.30%, 07/01/2059<sup>(a)</sup> | 2000 | 1626893 |
|  CSCDA Community Improvement Authority<br> (CSCDA Community Improvement Authority Union South Bay)<br>Series 2021-A2<br>4.00%, 07/01/2056<sup>(a)</sup> | 3300 | 2768747 |
|  CSCDA Community Improvement Authority<br> (CSCDA Community Improvement Authority Vineyard Gardens Apartments)<br>Series 2021<br>3.25%, 10/01/2058<sup>(a)</sup> | 1245 | 897772 |
|  CSCDA Community Improvement Authority<br> (CSCDA Community Improvement Authority Waterscape Apartments)<br>Series 2021-A<br>3.00%, 09/01/2056<sup>(a)</sup> | 2000 | 1396450 |
|  Federal Home Loan Mortgage Corp. Multifamily ML Certificates<br> (FRETE 2022-ML13)<br>Series 2022-ML13, Class XCA<br>0.959%, 07/25/2036<sup>(h)</sup> | 1469 | 79614 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022-ML13, Class XUS<br>0.985%, 09/25/2036<sup>(h)</sup> | 2550 | 173339 |
|  Golden State Connect Authority<br> (Golden State Connect Authority)<br>Series 2025<br>6.50%, 12/01/2060<sup>(a)</sup> | 1000 | 1010427 |
|  Golden State Tobacco Securitization Corp.<br> (Golden State Tobacco Securitization)<br>Series 2021<br>3.85%, 06/01/2050 | 4020 | 3736037 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021-B<br>Zero Coupon, 06/01/2066 | 13960 | 1488352 |
|  Hastings Campus Housing Finance Authority<br> (Hastings Campus Housing Finance Authority)<br>Series 2020-A<br>5.00%, 07/01/2061<sup>(a)</sup> | 1000 | 924981 |
|  Los Angeles Department of Water & Power<br> (Los Angeles Dept. of Water & Power Power System Revenue)<br>Series 2022-C<br>5.00%, 07/01/2038 | 1410 | 1555791 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2024-B<br>5.00%, 07/01/2038 | 1330 | 1509389 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 07/01/2039 | 2390 | 2690605 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2024-C<br>5.00%, 07/01/2041 | 3125 | 3480695 |

---

------

---

| | | |
|:---|:---|:---|
| | **Principal**<br> **Amount**<br> **(000)** | **U.S. $ Value** |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2024-E<br>5.00%, 07/01/2039 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2000 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2265610 |
| &nbsp;&nbsp;&nbsp;&nbsp; BAM Series 2025-A<br>5.25%, 07/01/2046 | 1500 | 1650710 |
|  Los Angeles Department of Water & Power Power System Revenue<br> (Los Angeles Dept. of Water & Power Power System Revenue)<br>Series 2021<br>5.00%, 07/01/2051 | 2250 | 2320704 |
|  Los Angeles Department of Water & Power Water System Revenue<br> (Los Angeles Dept. of Water & Power Water System Revenue)<br>Series 2022-D<br>5.00%, 07/01/2047 | 10000 | 10543651 |
|  M-S-R Energy Authority<br> (Citigroup, Inc.)<br>Series 2009-B<br>7.00%, 11/01/2034 | 2000 | 2483436 |
|  Manteca Unified School District<br> (Manteca Unified School District CFD No. 89-1)<br>NATL Series 2001<br>Zero Coupon, 09/01/2031 | 11910 | 9924000 |
|  Morongo Band of Mission Indians (The)<br> (Morongo Band of Mission Indians/The)<br>Series 2018-A<br>5.00%, 10/01/2042<sup>(a)</sup> | 4500 | 4591436 |
|  Sacramento County Water Financing Authority<br> (Sacramento County Water Agency)<br>NATL Series 2007-B<br>3.286% (CME Term SOFR 3 Month + 0.57%), 06/01/2039<sup>(b)</sup> | 8075 | 7801027 |
|  San Diego County Regional Airport Authority<br> (San Diego County Regional Airport Authority)<br>Series 2023<br>5.00%, 07/01/2043 | 11080 | 11943235 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2025<br>5.25%, 07/01/2045 | 1000 | 1089977 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 07/01/2055 | 1000 | 1075400 |
|  San Francisco Intl Airport<br> (San Francisco Intl Airport)<br>Series 2019-A<br>5.00%, 05/01/2044 | 17000 | 17508564 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2023-E<br>5.00%, 05/01/2030 | 1000 | 1103796 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 05/01/2035 | 5000 | 5811944 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2024<br>5.25%, 05/01/2040 | 3400 | 3857106 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2025-D<br>5.00%, 05/01/2031 | 1000 | 1123727 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 05/01/2055 | 2500 | 2689663 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2025-E<br>5.00%, 05/01/2033 | 1025 | 1187084 |
|  San Joaquin Valley Clean Energy Authority<br> (Goldman Sachs Group)<br>Series 2025<br>5.50%, 01/01/2056 | 1830 | 2084307 |

---

------

---

| | | |
|:---|:---|:---|
| | **Principal**<br> **Amount**<br> **(000)** | **U.S. $ Value** |
|  Southern California Public Power Authority<br> (Los Angeles Dept. of Water & Power Power System Revenue)<br>Series 2023<br>5.00%, 07/01/2039 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1750 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1957612 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 07/01/2048 | 1535 | 1617822 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 07/01/2053 | 4460 | 4708505 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2024<br>5.00%, 07/01/2040 | 450 | 506661 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 07/01/2042 | 1000 | 1112719 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 07/01/2053 | 1795 | 1872764 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 07/01/2046 | 1455 | 1588760 |
|  State of California<br> (State of California)<br>Series 2023<br>5.25%, 09/01/2053 | 5000 | 5400073 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.00%, 03/01/2033 | 1000 | 1116974 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2025<br>5.00%, 03/01/2037 | 2000 | 2398883 |
|  Tobacco Securitization Authority of Northern California<br> (Sacramento County Tobacco Securitization)<br>Series 2021<br>Zero Coupon, 06/01/2060 | 1400 | 226194 |
|  University of California<br> (University of California)<br>Series 2025-C<br>5.25%, 05/15/2040 | 2000 | 2544741 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 05/15/2040 | 1000 | 1215002 |
|  |  | 304426391 |
|  **Colorado – 1.6%** |  |  |
|  Centerra Metropolitan District No. 1<br> (Centerra Metropolitan District No. 1)<br>Series 2022<br>6.50%, 12/01/2053 | 1000 | 1049510 |
|  City & County of Denver CO Airport System Revenue<br> (City & County of Denver CO Airport System Revenue)<br>Series 2022-A<br>5.00%, 11/15/2033 | 1000 | 1133769 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 11/15/2034 | 2000 | 2256488 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022-D<br>5.50%, 11/15/2029 | 1770 | 1962899 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%, 11/15/2034 | 1000 | 1182346 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2023-B<br>5.25%, 11/15/2034 | 3275 | 3790098 |
|  Colorado Educational & Cultural Facilities Authority<br> (Ascent Classical Academy Charter Schools)<br>Series 2024<br>5.50%, 04/01/2044<sup>(a)</sup> | 1660 | 1693279 |
|  Colorado Health Facilities Authority<br> (Intermountain Healthcare Obligated Group)<br>Series 2024-A<br>5.00%, 05/15/2054 | 5000 | 5144286 |

---

------

---

| | | |
|:---|:---|:---|
| | **Principal**<br> **Amount**<br> **(000)** | **U.S. $ Value** |
|  Colorado Health Facilities Authority<br> (Sanford Obligated Group)<br>Series 2019-A<br>5.00%, 11/01/2044 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1029126 |
|  Colorado High Performance Transportation Enterprise<br> (Colorado High Performance Transportation Enterprise C-470 Express Lanes System)<br>Series 2017<br>5.00%, 12/31/2056 | 1000 | 989880 |
|  Colorado State University Research Foundation<br> (Colorado State University System)<br>Series 2025-A<br>5.375%, 03/01/2055<sup>(a)</sup> | 1000 | 1000377 |
|  Douglas County Housing Partnership<br> (Bridgewater Castle Rock ALF)<br>Series 2021<br>5.375%, 01/01/2041<sup>(d) (e) (f)</sup> | 2500 | 2125000 |
|  E-470 Public Highway Authority<br> (E-470 Public Highway Authority)<br>Series 2024-B<br>3.208% (SOFR + 0.75%), 09/01/2039<sup>(b)</sup> | 2000 | 1997267 |
|  Johnstown Plaza Metropolitan District<br> (Johnstown Plaza Metropolitan District)<br>Series 2022<br>4.25%, 12/01/2046 | 982 | 965899 |
|  Platte River Metropolitan District<br> (Platte River Metropolitan District)<br>Series 2023-A<br>6.50%, 08/01/2053<sup>(a)</sup> | 391 | 400159 |
|  Southern Ute Indian Tribe of the Southern Ute Reservation of Colorado<br> (Southern Ute Indian Tribe of the Southern Ute Reservation of Colorado)<br>Series 2025-A<br>5.00%, 04/01/2035<sup>(a)</sup> | 4000 | 4479416 |
|  Sterling Ranch Community Authority Board<br> (Sterling Ranch Metropolitan District No. 3)<br>Series 2022<br>6.50%, 12/01/2042 | 1175 | 1246432 |
|  |  | 32446231 |
|  **Connecticut – 0.4%** |  |  |
|  State of Connecticut Special Tax Revenue<br> (State of Connecticut Special Tax Revenue)<br>Series 2023-A<br>5.25%, 07/01/2042 | 7000 | 7946162 |
|  **Delaware – 0.0%** |  |  |
|  Delaware State Economic Development Authority<br> (Newark Charter School)<br>Series 2016<br>5.00%, 09/01/2046 | 550 | 550354 |
|  **District of Columbia – 2.1%** |  |  |
|  District of Columbia Income Tax Revenue<br> (District of Columbia Income Tax Revenue)<br>Series 2024-A<br>5.00%, 10/01/2036 | 10500 | 12305278 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2025-A<br>5.00%, 06/01/2045 | 1200 | 1312891 |

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| | | |
|:---|:---|:---|
| | **Principal**<br> **Amount**<br> **(000)** | **U.S. $ Value** |
|  Metropolitan Washington Airports Authority Aviation Revenue<br> (Metropolitan Washington Airports Authority Aviation Revenue)<br>Series 2018-A<br>5.00%, 10/01/2038 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2630 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2736057 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021-A<br>5.00%, 10/01/2046 | 10000 | 10301306 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2024-A<br>5.00%, 10/01/2033 | 2000 | 2306276 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 10/01/2034 | 1000 | 1145607 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2025-A<br>5.00%, 10/01/2035 | 1000 | 1169414 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 10/01/2036 | 3475 | 4025489 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 10/01/2050 | 1000 | 1033129 |
|  Washington Metropolitan Area Transit Authority<br> (Washington Metropolitan Area Transit Authority State Lease)<br>Series 2023<br>5.25%, 07/15/2053 | 2610 | 2739993 |
|  Washington Metropolitan Area Transit Authority Dedicated Revenue<br> (Washington Metropolitan Area Transit Authority Dedicated Revenue Lease)<br>Series 2025-A<br>5.25%, 07/15/2055 | 2000 | 2115989 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 07/15/2060 | 1140 | 1226608 |
|  |  | 42418037 |
|  **Florida – 5.6%** |  |  |
|  Bexley Community Development District<br> (Bexley Community Development District)<br>Series 2016<br>4.70%, 05/01/2036 | 1750 | 1752242 |
|  Buckhead Trails II Community Development District<br> (Buckhead Trails II Community Development District)<br>Series 2026<br>5.50%, 05/01/2046 | 100 | 101741 |
|  Cape Coral Health Facilities Authority<br> (Gulf Care Obligated Group)<br>Series 2015<br>5.875%, 07/01/2040<sup>(a)</sup> | 1000 | 701142 |
|  Capital Projects Finance Authority/FL<br> (Navigator Academy of Leadership Obligated Group)<br>Series 2024<br>5.00%, 06/15/2044<sup>(a)</sup> | 1760 | 1728736 |
|  Capital Projects Finance Authority/FL<br> (PRG - UnionWest Properties)<br>Series 2024<br>0.00%, 06/01/2062<sup>(a) (g)</sup> | 4700 | 426062 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 06/01/2054<sup>(a)</sup> | 2000 | 1835853 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 06/01/2044<sup>(a)</sup> | 1000 | 1005747 |

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| | | |
|:---|:---|:---|
| | **Principal**<br> **Amount**<br> **(000)** | **U.S. $ Value** |
|  Capital Trust Agency, Inc.<br> (Educational Growth Fund)<br>Series 2021<br>Zero Coupon, 07/01/2061<sup>(a)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5000 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;442749 |
|  Capital Trust Agency, Inc.<br> (Team Success A School of Excellence)<br>Series 2020<br>4.25%, 06/01/2030<sup>(a)</sup> | 1435 | 1421748 |
|  Capital Trust Authority<br> (AIDS Healthcare Foundation Obligated Group)<br>Series 2026<br>5.25%, 12/01/2055 | 1000 | 1007424 |
|  City of Lakeland FL<br> (Lakeland Regional Health Systems Obligated Group)<br>Series 2024<br>5.00%, 11/15/2044 | 2000 | 2130572 |
|  City of Tampa FL<br> (State of Florida Cigarette Tax Revenue)<br>Series 2020-A<br>Zero Coupon, 09/01/2038 | 1000 | 625485 |
|  County of Broward FL Airport System Revenue<br> (County of Broward FL Airport System Revenue)<br>Series 2019-C<br>2.384%, 10/01/2026 | 5500 | 5456846 |
|  County of Lee FL Airport Revenue<br> (County of Lee FL Airport Revenue)<br>Series 2026-A<br>5.00%, 10/01/2056<sup>(c)</sup> | 4070 | 4478530 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 10/01/2040<sup>(c)</sup> | 1250 | 1428484 |
|  County of Miami-Dade FL Aviation Revenue<br> (County of Miami-Dade FL Aviation Revenue)<br>Series 2019-A<br>5.00%, 10/01/2049 | 2500 | 2516836 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2024-A<br>5.00%, 10/01/2034 | 1000 | 1155179 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 10/01/2035 | 1000 | 1146526 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 10/01/2036 | 10000 | 11358836 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2025-A<br>5.50%, 10/01/2055 | 1995 | 2100711 |
|  County of Palm Beach FL<br> (Palm Beach Atlantic University)<br>Series 2025<br>5.75%, 10/01/2055<sup>(a)</sup> | 1560 | 1620775 |
|  County of Palm Beach FL<br> (Provident Group - LU Properties II)<br>Series 2024<br>8.50%, 06/01/2033 | 100 | 104192 |
|  County of Palm Beach FL<br> (Provident Group - LU Properties)<br>Series 2024<br>6.00%, 06/01/2044 | 1000 | 1022566 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.125%, 06/01/2054 | 1000 | 1003410 |

---

------

---

| | | |
|:---|:---|:---|
| | **Principal**<br> **Amount**<br> **(000)** | **U.S. $ Value** |
|  County of Pasco FL<br> (H Lee Moffitt Cancer Center & Research Institute Obligated Group)<br>Series 2023<br>5.00%, 07/01/2030<sup>(a)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10000 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10944025 |
|  Escambia County Housing Finance Authority<br> (4900 S. Rio Grande Ave)<br>Series 2023-A<br>6.88%, 11/01/2053<sup>(a)</sup> | 220 | 235366 |
|  Florida Development Finance Corp.<br> (Assistance Unlimited)<br>Series 2022<br>6.00%, 08/15/2057<sup>(a)</sup> | 1000 | 953365 |
|  Florida Development Finance Corp.<br> (Brightline Trains Florida)<br>AG Series 2024<br>5.25%, 07/01/2053 | 5000 | 4975206 |
|  Florida Development Finance Corp.<br> (GFL Solid Waste Southeast)<br>Series 2024<br>4.375%, 10/01/2054<sup>(a)</sup> | 1000 | 1015147 |
|  Florida Development Finance Corp.<br> (Seaside School Consortium)<br>Series 2022<br>6.00%, 06/15/2057<sup>(a)</sup> | 1000 | 1028591 |
|  Florida Higher Educational Facilities Financing Authority<br> (Nova Southeastern University)<br>Series 2016<br>5.00%, 04/01/2032 | 1125 | 1126802 |
|  Florida Housing Finance Corp.<br> (Bayside Breeze Redevelopment LLLP)<br>Series 2025<br>3.625%, 08/01/2029 | 1000 | 1005074 |
|  Florida Local Government Finance Commission<br> (BridgePrep Academy Series 2025 Obligated Group)<br>Series 2025<br>6.00%, 06/15/2045<sup>(a)</sup> | 1000 | 1044712 |
|  Florida State Board of Governors<br> (Florida State University Athletics Association)<br>BAM Series 2024-A<br>5.00%, 10/01/2042 | 3000 | 3289198 |
|  Greater Orlando Aviation Authority<br> (Greater Orlando Aviation Authority)<br>Series 2019-A<br>5.00%, 10/01/2044 | 1950 | 2008979 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2024<br>5.00%, 10/01/2036 | 1590 | 1816318 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 10/01/2037 | 1500 | 1699470 |
|  Greater Orlando Aviation Authority<br> (United Airlines, Inc.)<br>Series 2025<br>5.50%, 11/01/2036 | 1000 | 1100279 |
|  Halifax Hospital Medical Center<br> (Halifax Hospital Medical Center Obligated Group)<br>Series 2016<br>5.00%, 06/01/2036 | 2190 | 2198798 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2024<br>5.25%, 06/01/2054 | 2155 | 2217426 |

---

------

---

| | | |
|:---|:---|:---|
| | **Principal**<br> **Amount**<br> **(000)** | **U.S. $ Value** |
|  Hillsborough County Aviation Authority<br> (Hillsborough County Aviation Authority)<br>Series 2024<br>5.50%, 10/01/2049 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2000 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2140712 |
|  Hillsborough County Industrial Development Authority<br> (BayCare Obligated Group)<br>Series 2024<br>4.125%, 11/15/2051 | 2000 | 1847539 |
|  JEA Water & Sewer System Revenue<br> (JEA Water & Sewer System Revenue)<br>Series 2024-A<br>5.00%, 10/01/2043 | 1000 | 1095557 |
|  Lee County Industrial Development Authority/FL<br> (Shell Point Obligated Group)<br>Series 2024<br>4.375%, 11/15/2029 | 1500 | 1510941 |
|  Marshall Creek Community Development District<br> (Marshall Creek Community Development District 2002A)<br>Series 2017<br>5.00%, 05/01/2032 | 1065 | 1066837 |
|  Marshall Creek Community Development District<br> (Marshall Creek Community Development District)<br>Series 2016<br>6.32%, 05/01/2045 | 110 | 110095 |
|  Miami-Dade County Educational Facilities Authority<br> (University of Miami)<br>Series 2024-A<br>5.00%, 04/01/2045 | 2300 | 2481800 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2025-B<br>5.25%, 04/01/2040 | 1000 | 1157207 |
|  Miami-Dade County Expressway Authority<br> (Miami-Dade County Expressway Authority)<br>Series 2014-B<br>5.00%, 07/01/2031 | 3750 | 3755761 |
|  Miami-Dade County Industrial Development Authority<br> (PRG - Casa Properties LLC)<br>Series 2026<br>5.375%, 07/01/2065<sup>(a)</sup> | 1000 | 1036252 |
|  North Broward Hospital District<br> (North Broward Hospital District)<br>Series 2017-B<br>5.00%, 01/01/2035 | 5230 | 5444932 |
|  Orange County Health Facilities Authority<br> (Orlando Health Obligated Group)<br>Series 2025<br>5.00%, 10/01/2046 | 2060 | 2184315 |
|  Palm Beach County Health Facilities Authority<br> (Jupiter Medical Center Obligated Group)<br>Series 2025<br>5.75%, 11/01/2050 | 2170 | 2301961 |

---

------

---

| | | |
|:---|:---|:---|
| | **Principal**<br> **Amount**<br> **(000)** | **U.S. $ Value** |
|  Pinery Community Development District<br> (Pinery Community Development District Assessment Area One)<br>Series 2026<br>5.60%, 05/01/2046 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1013410 |
|  Polk County Industrial Development Authority/FL<br> (Mineral Development LLC)<br>Series 2020<br>5.875%, 01/01/2033<sup>(d) (e) (f) (i) (j)</sup> | 950 | 190000 |
|  Sarasota County Health Facilities Authority<br> (Village On the Isle)<br>Series 2017-A<br>5.00%, 01/01/2042 | 1100 | 1103482 |
|  St. Johns County Industrial Development Authority<br> (Presbyterian Retirement Communities Obligated Group)<br>Series 2020<br>4.00%, 08/01/2055 | 1000 | 833715 |
|  Village Community Development District No. 15<br> (Village Community Development District No. 15 Series 2023 Phase I Special Assmnt)<br>Series 2023<br>5.25%, 05/01/2054<sup>(a)</sup> | 245 | 246695 |
|  |  | 112752359 |
|  **Georgia – 2.9%** |  |  |
|  City of Atlanta GA Department of Aviation<br> (City of Atlanta GA Dept. of Aviation)<br>Series 2025-B<br>5.00%, 07/01/2037 | 1000 | 1131729 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 07/01/2038 | 2400 | 2696622 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 07/01/2040 | 1000 | 1106610 |
|  Development Authority of Burke County (The)<br> (Georgia Power Co.)<br>Series 2023<br>3.875%, 10/01/2032 | 3245 | 3245468 |
|  Development Authority of Cobb County (The)<br> (MT Bethel Christian Academy)<br>Series 2025<br>6.25%, 06/01/2055<sup>(a)</sup> | 1000 | 1039367 |
|  Development Authority of Monroe County (The)<br> (Georgia Power Co.)<br>Series 2023<br>3.875%, 10/01/2048 | 3750 | 3750494 |
|  Fayette County Development Authority<br> (United States Soccer Federation)<br>Series 2024<br>5.00%, 10/01/2031 | 575 | 633461 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 10/01/2054 | 2000 | 2051418 |
|  Main Street Natural Gas, Inc.<br> (Citadel LP)<br>Series 2022-C<br>4.00%, 08/01/2052<sup>(a)</sup> | 1650 | 1663962 |
|  Main Street Natural Gas, Inc.<br> (Citigroup, Inc.)<br>Series 2023-D<br>5.00%, 05/01/2054 | 6000 | 6440576 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2024-C<br>5.00%, 12/01/2054 | 3000 | 3264384 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2024-E<br>5.00%, 05/01/2055 | 1595 | 1744103 |

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| | | |
|:---|:---|:---|
| | **Principal**<br> **Amount**<br> **(000)** | **U.S. $ Value** |
|  Main Street Natural Gas, Inc.<br> (Royal Bank of Canada)<br>Series 2023<br>4.159% (SOFR + 1.70%), 12/01/2053<sup>(b)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5000 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5159380 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2023-C<br>5.00%, 09/01/2053 | 5000 | 5397978 |
|  Main Street Natural Gas, Inc.<br> (Toronto-Dominion Bank)<br>Series 2024-D<br>5.00%, 04/01/2054 | 1570 | 1709921 |
|  Municipal Electric Authority of Georgia<br> (JEA Electric System Revenue)<br>Series 2019<br>5.00%, 01/01/2049 | 2000 | 2008891 |
|  Municipal Electric Authority of Georgia<br> (PowerSouth Energy Cooperative)<br>Series 2019<br>5.00%, 01/01/2037 | 150 | 155255 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 01/01/2039 | 100 | 103030 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022<br>5.50%, 07/01/2063 | 2000 | 2068367 |
|  Private Colleges & Universities Authority<br> (Emory University)<br>Series 2023<br>5.00%, 09/01/2033<sup>(a)</sup> | 11000 | 12874234 |
|  |  | 58245250 |
|  **Guam – 0.2%** |  |  |
|  Guam Government Waterworks Authority<br> (Guam Waterworks Authority Water And Wastewater System)<br>Series 2025-A<br>5.25%, 07/01/2050 | 1000 | 1038065 |
|  Territory of Guam<br> (Guam Section 30 Income Tax)<br>Series 2016-A<br>5.00%, 12/01/2029 | 1840 | 1863897 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 12/01/2030 | 565 | 572184 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 12/01/2032 | 790 | 799305 |
|  Territory of Guam<br> (Territory of Guam)<br>Series 2019<br>5.00%, 11/15/2031 | 185 | 196710 |
|  |  | 4470161 |
|  **Hawaii – 0.6%** |  |  |
|  City & County Honolulu HI Wastewater System Revenue<br> (City & County Honolulu HI Wastewater System Revenue)<br>Series 2020-A<br>2.624%, 07/01/2045 | 1000 | 720323 |
|  State of Hawaii Airports System Revenue<br> (State of Hawaii Airports System Revenue)<br>Series 2022-A<br>5.00%, 07/01/2047 | 1250 | 1286184 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 07/01/2051 | 7855 | 8011025 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2025-C<br>5.00%, 07/01/2041 | 1260 | 1394830 |
|  |  | 11412362 |

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------

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| | | |
|:---|:---|:---|
| | **Principal**<br> **Amount**<br> **(000)** | **U.S. $ Value** |
|  **Idaho – 0.1%** |  |  |
|  Idaho Health Facilities Authority<br> (North Canyon Medical Center)<br>Series 2023<br>7.125%, 11/01/2057 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1067647 |
|  **Illinois – 4.5%** |  |  |
|  Chicago Board of Education<br> (Chicago Board of Education)<br>Series 2012-B<br>5.00%, 12/01/2033 | 1605 | 1605127 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2015-C<br>5.25%, 12/01/2035 | 340 | 339990 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017-D<br>5.00%, 12/01/2031 | 1800 | 1824293 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017-G<br>5.00%, 12/01/2034 | 2350 | 2365366 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2023-A<br>5.00%, 12/01/2034 | 3250 | 3411022 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2025-B<br>6.00%, 12/01/2041 | 2075 | 2281315 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.00%, 12/01/2043 | 1440 | 1558023 |
|  Chicago O'Hare International Airport<br> (Chicago O'Hare Intl Airport)<br>Series 2024-A<br>5.50%, 01/01/2053 | 4865 | 5112640 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2024-C<br>5.25%, 01/01/2044 | 1350 | 1457489 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 01/01/2045 | 1000 | 1069884 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2025-A<br>5.00%, 01/01/2036 | 9140 | 10392450 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 01/01/2037 | 1000 | 1127702 |
|  Chicago Transit Authority Sales Tax Receipts Fund<br> (Chicago Transit Authority Sales Tax Receipts Fund)<br>Series 2024-A<br>5.00%, 12/01/2049 | 2000 | 2062395 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2026-A<br>5.00%, 12/01/2041 | 500 | 563190 |
|  City of Chicago IL<br> (City of Chicago IL)<br>Series 2019-A<br>5.50%, 01/01/2049 | 305 | 306456 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2025-A<br>6.00%, 01/01/2050 | 2000 | 2104412 |
|  Eastern Illinois Economic Development Authority<br> (City of Mattoon IL)<br>Series 2025<br>6.50%, 02/15/2040 | 1000 | 1024733 |
|  Illinois Finance Authority<br> (Bradley University)<br>Series 2021-A<br>4.00%, 08/01/2051 | 1000 | 831155 |

---

------

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| | | |
|:---|:---|:---|
| | **Principal**<br> **Amount**<br> **(000)** | **U.S. $ Value** |
|  Illinois Finance Authority<br> (Centerpoint Joliet Terminal Railroad)<br>Series 2024<br>4.125%, 12/01/2043<sup>(a)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1450 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1472166 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2025<br>4.80%, 12/01/2043<sup>(a)</sup> | 2000 | 2099594 |
|  Illinois Finance Authority<br> (Mercy Health Corp.)<br>Series 2016<br>5.00%, 12/01/2040 | 2000 | 2013757 |
|  Illinois Finance Authority<br> (Park Place of Elmhurst Obligated Group)<br>Series 2021<br>5.125%, 05/15/2060 | 2966 | 2171807 |
|  Illinois Housing Development Authority<br> (Circle Park Preservation)<br>Series 2024-H<br>4.00%, 01/01/2042 | 4500 | 4506981 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 07/01/2062 | 2000 | 1963350 |
|  Illinois Housing Development Authority<br> (Drexel Court & Lake Park East)<br>Series 2022<br>7.17%, 11/01/2038 | 150 | 157075 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2024<br>5.67%, 11/01/2038<sup>(f)</sup> | 1430 | 1450197 |
|  Illinois State Toll Highway Authority<br> (Illinois State Toll Highway Authority)<br>Series 2009<br>6.184%, 01/01/2034 | 2000 | 2173349 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021-A<br>5.00%, 01/01/2043 | 15000 | 16164840 |
|  Metropolitan Pier & Exposition Authority<br> (Metropolitan Pier & Exposition Authority)<br>Series 2017-A<br>5.00%, 06/15/2057 | 1000 | 998148 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020<br>5.00%, 06/15/2050 | 4310 | 4323391 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2024<br>5.00%, 06/15/2053 | 1175 | 1173796 |
|  State of Illinois<br> (State of Illinois)<br>Series 2017-D<br>5.00%, 11/01/2028 | 8700 | 9065913 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2025-E<br>5.00%, 09/01/2043 | 1265 | 1344106 |
|  |  | 90516112 |
|  **Indiana – 1.6%** |  |  |
|  City of Fort Wayne IN<br> (Do Good Foods Fort Wayne Obligated Group)<br>10.75%, 12/01/2029<sup>(d) (e)</sup> | 105 | 11 |
|  City of Whiting IN<br> (BP PLC)<br>Series 2023<br>4.40%, 11/01/2045 | 4000 | 4251670 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2025<br>4.20%, 06/01/2044 | 1120 | 1212564 |

---

------

---

| | | |
|:---|:---|:---|
| | **Principal**<br> **Amount**<br> **(000)** | **U.S. $ Value** |
|  Indiana Finance Authority<br> (Ascension Health Credit Group)<br>Series 2025<br>5.00%, 11/15/2043 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1055 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1161042 |
|  Indiana Finance Authority<br> (Brightmark Plastics Renewal Indiana)<br>Series 2019<br>7.00%, 03/01/2039<sup>(d) (e) (f)</sup> | 3470 | 173500 |
|  Indiana Finance Authority<br> (CWA Authority, Inc.)<br>Series 2024<br>5.00%, 10/01/2035 | 2125 | 2497379 |
|  Indiana Finance Authority<br> (Good Samaritan Hospital Obligated Group)<br>Series 2022<br>5.00%, 04/01/2029 | 1080 | 1138239 |
|  Indiana Finance Authority<br> (Indiana University Health Obligated Group)<br>Series 2025-C<br>5.25%, 10/01/2046 | 1000 | 1083257 |
|  Indiana Finance Authority<br> (Ohio Valley Electric)<br>Series 2020<br>3.00%, 11/01/2030 | 1085 | 1076927 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020-A<br>3.00%, 11/01/2030 | 1295 | 1288699 |
|  Indiana Finance Authority<br> (Parkview Health System Obligated Group)<br>Series 2024-B<br>3.279% (SOFR + 0.71%), 11/01/2046<sup>(b) (f)</sup> | 1910 | 1912683 |
|  Indiana Finance Authority<br> (SFP-PUFW I LLC)<br>Series 2024<br>5.00%, 07/01/2049 | 1000 | 1010650 |
|  Indianapolis Local Public Improvement Bond Bank<br> (Pan Am Plaza Hotel)<br>Series 2023<br>5.75%, 03/01/2043 | 1000 | 1078359 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.00%, 03/01/2053 | 1500 | 1570955 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2023-F<br>7.75%, 03/01/2067 | 1225 | 1354572 |
| &nbsp;&nbsp;&nbsp;&nbsp; BAM Series 2023<br>5.25%, 03/01/2067 | 10000 | 10449132 |
|  |  | 31259639 |
|  **Iowa – 0.1%** |  |  |
|  Iowa Finance Authority<br> (Wesley Retirement Services Obligated Group)<br>Series 2021<br>4.00%, 12/01/2031 | 355 | 356976 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 12/01/2041 | 820 | 745689 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 12/01/2046 | 550 | 449995 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 12/01/2051 | 985 | 757427 |

---

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---

| | | |
|:---|:---|:---|
| | **Principal**<br> **Amount**<br> **(000)** | **U.S. $ Value** |
|  Iowa Tobacco Settlement Authority<br> (Iowa Tobacco Settlement Authority)<br>Series 2021-B<br>Zero Coupon, 06/01/2065 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3990 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;589977 |
|  |  | 2900064 |
|  **Kansas – 0.2%** |  |  |
|  City of Colby KS<br> (Citizens Medical Center)<br>Series 2024<br>5.50%, 07/01/2026 | 1000 | 997970 |
|  City of Overland Park KS Sales Tax Revenue<br> (City of Overland Park KS Sales Tax Revenue)<br>Series 2022<br>6.00%, 11/15/2034<sup>(a)</sup> | 100 | 105592 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.50%, 11/15/2042<sup>(a)</sup> | 1185 | 1250040 |
|  Kansas City Industrial Development Authority<br> (Kansas City Industrial Development Authority)<br>5.00%, 11/15/2046<sup>(d) (e)</sup> | 850 | 8 |
|  Kansas Development Finance Authority<br> (State of Kansas Lease)<br>Series 2021-K<br>1.369%, 05/01/2027 | 2405 | 2341520 |
|  |  | 4695130 |
|  **Kentucky – 1.1%** |  |  |
|  City of Henderson KY<br> (Pratt Paper KY LLC)<br>Series 2022<br>3.70%, 01/01/2032<sup>(a)</sup> | 725 | 734064 |
|  County of Trimble KY<br> (Louisville Gas & Electric)<br>Series 2020<br>1.30%, 09/01/2044 | 1500 | 1460165 |
|  Kenton County Airport Board<br> (Cincinnati/Northern Kentucky Intl Airport)<br>Series 2024-A<br>5.25%, 01/01/2049 | 2000 | 2082959 |
|  Kentucky Economic Development Finance Authority<br> (Owensboro Health Obligated Group)<br>Series 2015<br>5.25%, 06/01/2050 | 3015 | 3014920 |
|  Kentucky Public Energy Authority<br> (BP PLC)<br>Series 2024-B<br>5.00%, 01/01/2055 | 2085 | 2272781 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2025-C<br>5.00%, 05/01/2036 | 1800 | 1978483 |
|  Kentucky Public Energy Authority<br> (Morgan Stanley)<br>Series 2023-A<br>4.438% (SOFR + 1.98%), 04/01/2054<sup>(b)</sup> | 5000 | 5000000 |
|  Kentucky State Property & Building Commission<br> (Commonwealth of Kentucky Lease)<br>Series 2024-A<br>4.00%, 11/01/2041 | 3430 | 3477401 |

---

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| | | |
|:---|:---|:---|
| | **Principal**<br> **Amount**<br> **(000)** | **U.S. $ Value** |
|  Louisville/Jefferson County Metropolitan Government<br> (Norton Healthcare Obligated Group)<br>Series 2016<br>5.00%, 10/01/2030 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2330 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2361992 |
|  |  | 22382765 |
|  **Louisiana – 0.7%** |  |  |
|  City of New Orleans LA Water System Revenue<br> (City of New Orleans LA Water System Revenue)<br>AG Series 2021<br>2.889%, 12/01/2041 | 1000 | 783384 |
|  Louisiana Local Government Environmental Facilities & Community Development Auth<br> (Louisiana Utilities Restoration ELL System Restoration Revenue)<br>Series 2023<br>5.048%, 12/01/2034 | 2180 | 2276855 |
|  Louisiana Local Government Environmental Facilities & Community Development Auth<br> (Woman's Hospital Foundation)<br>Series 2017<br>5.00%, 10/01/2033 | 3790 | 3913378 |
|  Louisiana Public Facilities Authority<br> (Calcasieu Bridge Partners)<br>Series 2024<br>5.75%, 09/01/2064 | 2440 | 2538918 |
|  Louisiana Public Facilities Authority<br> (Prerefunded - US Govt Agencies)<br>Series 2016<br>5.00%, 05/15/2034 | 20 | 20113 |
|  New Orleans Aviation Board<br> (New Orleans Aviation Board)<br>Series 2024<br>5.25%, 01/01/2041 | 1210 | 1332399 |
|  Parish of St. James LA<br> (NuStar Logistics LP)<br>Series 2020-2<br>6.35%, 07/01/2040<sup>(a)</sup> | 1000 | 1105869 |
|  Parish of St. John the Baptist LA<br> (Marathon Oil Corp.)<br>Series 2024<br>3.30%, 06/01/2037 | 1100 | 1119098 |
|  |  | 13090014 |
|  **Maryland – 1.3%** |  |  |
|  Maryland Economic Development Corp.<br> (Ports America Chesapeake)<br>Series 2017-A<br>5.00%, 06/01/2035 | 1035 | 1074822 |
|  Maryland Economic Development Corp.<br> (Purple Line Transit Partners)<br>Series 2022<br>5.25%, 06/30/2052 | 6000 | 6021402 |
|  Maryland Health & Higher Educational Facilities Authority<br> (Johns Hopkins Health System)<br>Series 2025<br>5.00%, 05/15/2035 | 1120 | 1341400 |

---

------

---

| | | |
|:---|:---|:---|
| | **Principal**<br> **Amount**<br> **(000)** | **U.S. $ Value** |
|  Maryland Health & Higher Educational Facilities Authority<br> (TidalHealth Obligated Group)<br>Series 2020<br>5.00%, 07/01/2046 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2960 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3010692 |
|  Maryland Stadium Authority<br> (Baltimore City Public School Construction Financing Fund)<br>Series 2020<br>5.00%, 05/01/2050 | 4400 | 4795200 |
|  Maryland Stadium Authority<br> (State of Maryland Built to Learn Revenue State Lease)<br>Series 2024<br>5.00%, 06/01/2045 | 4735 | 5108026 |
|  Maryland State Transportation Authority<br> (Maryland State Transportation Authority)<br>Series 2021-A<br>5.00%, 07/01/2051 | 4990 | 5196213 |
|  |  | 26547755 |
|  **Massachusetts – 2.8%** |  |  |
|  Commonwealth of Massachusetts<br> (Commonwealth of Massachusetts)<br>Series 2022-B<br>4.11%, 07/15/2031 | 398 | 401492 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2024<br>5.00%, 12/01/2054 | 5000 | 5246557 |
|  Commonwealth of Massachusetts Transportation Fund Revenue<br> (Commonwealth of Massachusetts Transportation Fund Revenue)<br>Series 2023<br>5.00%, 06/01/2053 | 10000 | 10435082 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2023-B<br>5.00%, 06/01/2051 | 5000 | 5230462 |
|  Massachusetts Bay Transportation Authority Sales Tax Revenue<br> (Massachusetts Bay Transportation Authority Sales Tax Revenue)<br>Series 2023-A<br>5.25%, 07/01/2053 | 4840 | 5143715 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2024-A<br>5.25%, 07/01/2052 | 1000 | 1071528 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2025-B<br>5.25%, 07/01/2055 | 2900 | 3114222 |
|  Massachusetts Development Finance Agency<br> (Care Communities Obligated Group)<br>Series 2025<br>6.375%, 07/15/2045<sup>(a)</sup> | 1000 | 1027485 |
|  Massachusetts Development Finance Agency<br> (Emerson College)<br>Series 2018<br>5.00%, 01/01/2048 | 1180 | 1159722 |
|  Massachusetts Development Finance Agency<br> (Mass General Brigham)<br>Series 2016Q<br>5.00%, 07/01/2041 | 10000 | 10057722 |

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------

---

| | | |
|:---|:---|:---|
| | **Principal**<br> **Amount**<br> **(000)** | **U.S. $ Value** |
|  Massachusetts Development Finance Agency<br> (PRG Medford Properties)<br>Series 2025<br>5.25%, 06/01/2060 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1045772 |
|  Massachusetts Development Finance Agency<br> (UMass Memorial Health Care Obligated Group)<br>Series 2016<br>5.00%, 07/01/2036 | 2385 | 2398138 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017-L<br>5.00%, 07/01/2044 | 5000 | 5032051 |
|  Massachusetts Port Authority<br> (Massachusetts Port Authority)<br>Series 2021-E<br>5.00%, 07/01/2051 | 5000 | 5066578 |
|  |  | 56430526 |
|  **Michigan – 1.2%** |  |  |
|  City of Detroit MI<br> (City of Detroit MI)<br>Series 2014-B<br>4.00%, 04/01/2044<sup>(g)</sup> | 1978 | 1612523 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021-B<br>3.644%, 04/01/2034 | 275 | 257655 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2023-A<br>6.00%, 05/01/2039 | 2000 | 2321926 |
|  City of Detroit MI Sewage Disposal System Revenue<br> (Great Lakes Water Authority Sewage Disposal System Revenue)<br>AG Series 2006-D<br>3.228% (CME Term SOFR 3 Month + 0.60%), 07/01/2032<sup>(b)</sup> | 5000 | 4995449 |
|  Detroit Downtown Development Authority<br> (Detroit Downtown Development Authority Catalyst Development Area)<br>Series 2024<br>5.00%, 07/01/2048 | 1260 | 1314727 |
|  Kalamazoo Economic Development Corp.<br> (Heritage Community of Kalamazoo Obligated Group)<br>Series 2020<br>5.00%, 05/15/2055 | 2000 | 1856836 |
|  Michigan Finance Authority<br> (Corewell Health Obligated Group)<br>Series 2016<br>5.00%, 11/01/2044 | 3430 | 3432307 |
|  Michigan Finance Authority<br> (Michigan Finance Authority Tobacco Settlement Revenue)<br>Series 2020-A<br>3.267%, 06/01/2039 | 1735 | 1676494 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020-B<br>Zero Coupon, 06/01/2065 | 1250 | 130537 |
|  Michigan Finance Authority<br> (Public Lighting Authority)<br>BAM Series 2025<br>5.00%, 07/01/2042 | 1515 | 1680928 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 07/01/2044 | 1250 | 1354756 |

---

------

---

| | | |
|:---|:---|:---|
| | **Principal**<br> **Amount**<br> **(000)** | **U.S. $ Value** |
|  Michigan State Hospital Finance Authority<br> (Corewell Health Obligated Group)<br>Series 2025-A<br>5.00%, 08/15/2045 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3000 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3203247 |
|  Plymouth Educational Center Charter School<br> (Plymouth Educational Center Charter School)<br>Series 2005<br>5.375%, 11/01/2030<sup>(d) (e)</sup> | 2000 | 800000 |
|  |  | 24637385 |
|  **Minnesota – 0.8%** |  |  |
|  City of Brooklyn Park MN<br> (Brooklyn Park AH I LLLP)<br>Series 2023<br>6.205%, 01/01/2042<sup>(a) (g)</sup> | 2000 | 2115041 |
|  City of Brooklyn Park MN<br> (Brooklyn Park AH II LLLP)<br>Series 2024<br>6.26%, 07/01/2041<sup>(a)</sup> | 1500 | 1531768 |
|  City of Columbus MN<br> (Adalyn Avenue LLLP)<br>Series 2023<br>5.98%, 12/01/2041<sup>(a)</sup> | 1500 | 1549763 |
|  City of Shakopee MN Senior Housing Revenue<br> (Benedictine Living Community of Shakopee Obligated Group)<br>Series 2025<br>5.75%, 11/01/2055 | 1600 | 1613968 |
|  Dakota County Community Development Agency<br> (Rosemont AH I LLLP)<br>Series 2023<br>5.66%, 07/01/2041<sup>(a)</sup> | 1415 | 1432424 |
|  Minneapolis-St. Paul Metropolitan Airports Commission<br> (Minneapolis-St Paul Metropolitan Airports Commission)<br>Series 2022-B<br>5.00%, 01/01/2047 | 4500 | 4595743 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2024<br>5.00%, 01/01/2041 | 2000 | 2179992 |
|  Washington County Community Development Agency<br> (Raymie Johnson Estates)<br>Series 2025<br>6.08%, 07/01/2042 | 1000 | 1058363 |
|  |  | 16077062 |
|  **Mississippi – 0.1%** |  |  |
|  City of Gulfport MS<br> (Memorial Hospital at Gulfport Obligated Group)<br>Series 2025<br>5.25%, 07/01/2043 | 1125 | 1212308 |

---

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---

| | | |
|:---|:---|:---|
| | **Principal**<br> **Amount**<br> **(000)** | **U.S. $ Value** |
|  Mississippi Business Finance Corp.<br> (Alden Group Renewable Energy Mississippi)<br>Series 2022<br>8.00%, 12/01/2029<sup>(d) (e) (f)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1250 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;62500 |
|  |  | 1274808 |
|  **Missouri – 0.9%** |  |  |
|  Health & Educational Facilities Authority of the State of Missouri<br> (Lutheran Senior Services Obligated Group)<br>Series 2019<br>5.00%, 02/01/2042 | 2695 | 2750195 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 02/01/2048 | 400 | 399209 |
|  Health & Educational Facilities Authority of the State of Missouri<br> (Mercy Health/MO)<br>Series 2023<br>5.50%, 12/01/2048 | 10000 | 10753764 |
|  Howard Bend Levee District<br> (Howard Bend Levee District)<br>XLCA Series 2005<br>5.75%, 03/01/2027 | 175 | 179730 |
|  Lee's Summit Industrial Development Authority<br> (John Knox Village Obligated Group)<br>Series 2021-A<br>5.00%, 08/15/2056 | 2650 | 2381845 |
|  Missouri Development Finance Board<br> (Missouri Development Finance Board)<br>Series 2025-A<br>6.00%, 06/15/2040<sup>(a)</sup> | 1000 | 1025601 |
|  |  | 17490344 |
|  **Nebraska – 0.1%** |  |  |
|  Central Plains Energy Project<br> (Royal Bank of Canada)<br>Series 2025-A<br>5.00%, 08/01/2055 | 2085 | 2272126 |
|  **Nevada – 0.7%** |  |  |
|  City of Las Vegas NV<br> (City of Las Vegas NV)<br>Series 2015-C<br>5.00%, 09/01/2027 | 1400 | 1402994 |
|  City of Reno NV<br> (County of Washoe NV Sales Tax Revenue)<br>Series 2018-C<br>Zero Coupon, 07/01/2058<sup>(a)</sup> | 1500 | 238092 |
|  Clark County School District<br> (Clark County School District)<br>AG Series 2019-B<br>3.00%, 06/15/2036 | 6725 | 6556699 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%, 06/15/2037 | 4305 | 4103413 |
|  Reno-Tahoe Airport Authority<br> (Reno-Tahoe Airport Authority)<br>Series 2024<br>5.25%, 07/01/2037 | 1000 | 1141249 |
|  |  | 13442447 |

---

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| | | |
|:---|:---|:---|
| | **Principal**<br> **Amount**<br> **(000)** | **U.S. $ Value** |
|  **New Hampshire – 2.2%** |  |  |
|  National Finance Authority<br> (NFA 2024-3)<br>Series 2024-3, Class A<br>4.162%, 10/01/2051 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2475 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2550778 |
|  National Finance Authority Affordable Housing Certificates Series 2024-1<br> (NFAAH 2024-1)<br>Series 2024-1, Class A<br>4.15%, 10/20/2040 | 1993 | 2033021 |
|  New Hampshire Business Finance Authority<br> (ARC70 2025-1)<br>Series 2025-1, Class A1<br>4.75%, 06/20/2041 | 998 | 1055243 |
|  New Hampshire Business Finance Authority<br> (Brazoria-Fort Bend County Municipal Utility District No. 3)<br>Series 2024<br>4.875%, 12/01/2033<sup>(a)</sup> | 426 | 426017 |
|  New Hampshire Business Finance Authority<br> (Emberly & Canterra Creek Projects)<br>Series 2024<br>5.375%, 12/01/2031<sup>(a)</sup> | 956 | 957681 |
|  New Hampshire Business Finance Authority<br> (Greater Raleigh Area Christian Education)<br>Series 2025<br>5.75%, 08/01/2055 | 1000 | 988409 |
|  New Hampshire Business Finance Authority<br> (Lakes Fresh Water Supply District of Denton County)<br>Series 2024<br>5.00%, 12/01/2028<sup>(a)</sup> | 748 | 748321 |
|  New Hampshire Business Finance Authority<br> (New Hampshire Business Finance Authority)<br>Series 2025<br>5.875%, 11/01/2045 | 1525 | 1520902 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.00%, 11/01/2055 | 4115 | 3923853 |
| &nbsp;&nbsp;&nbsp;&nbsp; 10.00%, 05/01/2036 | 1000 | 1020059 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2025-2<br>5.15%, 09/28/2037 | 1000 | 1035531 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2025-A<br>Zero Coupon, 02/01/2035<sup>(a)</sup> | 1442 | 809258 |
|  New Hampshire Business Finance Authority<br> (NFA 2020-1)<br>Series 2020-1, Class A<br>4.125%, 01/20/2034 | 4798 | 5007135 |
|  New Hampshire Business Finance Authority<br> (NFA 2022-1)<br>Series 2022-1, Class A<br>4.375%, 09/20/2036 | 7609 | 7928376 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022-1, Class X<br>0.35%, 09/20/2036<sup>(h)</sup> | 5904 | 110683 |
|  New Hampshire Business Finance Authority<br> (NFA 2022-2)<br>Series 2022-2, Class A<br>4.00%, 10/20/2036 | 3813 | 3892134 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022-2, Class X<br>0.691%, 10/01/2036<sup>(h)</sup> | 3818 | 156783 |

---

------

---

| | | |
|:---|:---|:---|
| | **Principal**<br> **Amount**<br> **(000)** | **U.S. $ Value** |
|  New Hampshire Business Finance Authority<br> (NFA 2024-1)<br>Series 2024-1, Class X<br>0.494%, 07/01/2051<sup>(h)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2676 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;95813 |
|  New Hampshire Business Finance Authority<br> (NFA 2024-2)<br>Series 2024-2, Class X<br>0.505%, 08/20/2039<sup>(h)</sup> | 1974 | 76778 |
|  New Hampshire Business Finance Authority<br> (NFA 2025-1)<br>Series 2025<br>5.875%, 12/15/2033<sup>(a)</sup> | 1684 | 1686279 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2025-1, Class A1<br>4.167%, 01/20/2041 | 992 | 1002386 |
|  New Hampshire Business Finance Authority<br> (NFA 2025-2)<br>Series 2025-2, Class A1<br>4.219%, 11/20/2042 | 3482 | 3501597 |
|  New Hampshire Business Finance Authority<br> (NFA 2025-3)<br>Series 2025-3, Class A1<br>4.946%, 02/20/2041 | 998 | 1065593 |
|  New Hampshire Business Finance Authority<br> (Tamarron Project)<br>Series 2024<br>5.25%, 12/01/2035<sup>(a)</sup> | 2000 | 2000035 |
|  |  | 43592665 |
|  **New Jersey – 3.0%** |  |  |
|  New Jersey Economic Development Authority<br> (DRP Urban Renewal 4 LLC)<br>Series 2025<br>6.625%, 01/01/2045<sup>(a)</sup> | 1000 | 1049524 |
|  New Jersey Economic Development Authority<br> (New Jersey-American Water)<br>Series 2023<br>3.75%, 11/01/2034 | 2000 | 2033567 |
|  New Jersey Economic Development Authority<br> (Port Newark Container Terminal)<br>Series 2017<br>5.00%, 10/01/2037 | 3320 | 3385470 |
|  New Jersey Educational Facilities Authority<br> (Ramapo College of New Jersey)<br>AG Series 2022-A<br>4.00%, 07/01/2047 | 285 | 279732 |
|  New Jersey Health Care Facilities Financing Authority<br> (New Jersey Health Care Facilities Financing Authority State Lease)<br>Series 2017<br>5.00%, 10/01/2034 | 5000 | 5239547 |
|  New Jersey Transportation Trust Fund Authority<br> (New Jersey Transportation Fed Hwy Grant)<br>Series 2016<br>5.00%, 06/15/2029 | 2175 | 2191264 |

---

------

---

| | | |
|:---|:---|:---|
| | **Principal**<br> **Amount**<br> **(000)** | **U.S. $ Value** |
|  New Jersey Transportation Trust Fund Authority<br> (State of New Jersey Lease)<br>Series 2022<br>4.00%, 06/15/2050 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7585 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7054512 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2023-B<br>5.00%, 06/15/2040 | 2985 | 3339720 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 06/15/2043 | 1985 | 2167229 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2024-A<br>4.00%, 06/15/2042 | 6700 | 6796063 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 06/15/2042 | 8000 | 8909554 |
|  New Jersey Turnpike Authority<br> (New Jersey Turnpike Authority)<br>Series 2025-A<br>5.25%, 01/01/2055 | 1000 | 1073808 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2025-C<br>5.00%, 01/01/2031 | 1000 | 1126058 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2027-A<br>5.00%, 01/01/2032<sup>(c)</sup> | 1000 | 1108601 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 01/01/2033<sup>(c)</sup> | 1000 | 1123611 |
|  Tobacco Settlement Financing Corp./NJ<br> (Tobacco Settlement Financing Corp/NJ)<br>Series 2018-B<br>5.00%, 06/01/2046 | 9980 | 9873495 |
|  Union County Utilities Authority<br> (County of Union NJ Lease)<br>Series 2011-A<br>5.25%, 12/01/2031 | 3885 | 3893167 |
|  |  | 60644922 |
|  **New Mexico – 0.3%** |  |  |
|  New Mexico Municipal Energy Acquisition Authority<br> (Royal Bank of Canada)<br>Series 2025<br>5.00%, 06/01/2054 | 5000 | 5418110 |
|  **New York – 9.1%** |  |  |
|  Build NYC Resource Corp.<br> (Albert Einstein College of Medicine)<br>Series 2016<br>5.50%, 09/01/2045<sup>(a)</sup> | 6440 | 6368461 |
|  Build NYC Resource Corp.<br> (TrIPs Obligated Group)<br>Series 2025<br>5.50%, 07/01/2050 | 1000 | 1056784 |
|  Build NYC Resource Corp.<br> (Zeta Charter Schools Obligated Group)<br>Series 2025<br>5.375%, 10/15/2055<sup>(a)</sup> | 1000 | 977573 |
|  City of New York NY<br> (City of New York NY)<br>Series 2021<br>1.396%, 08/01/2027 | 5205 | 5043331 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2024-C<br>5.00%, 03/01/2043 | 1000 | 1089884 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2024-D<br>4.00%, 04/01/2045 | 3180 | 3117855 |

---

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| | | |
|:---|:---|:---|
| | **Principal**<br> **Amount**<br> **(000)** | **U.S. $ Value** |
|  Dutchess County Local Development Corp.<br> (Bard College)<br>Series 2020-A<br>5.00%, 07/01/2051 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1355 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1355157 |
|  Long Island Power Authority<br> (Long Island Power Authority)<br>Series 2023-E<br>5.00%, 09/01/2048 | 2650 | 2805758 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 09/01/2053 | 2350 | 2460350 |
|  Metropolitan Transportation Authority<br> (Metropolitan Transportation Authority)<br>Series 2016-D<br>5.00%, 11/15/2027 | 1000 | 1017268 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 11/15/2031 | 5000 | 5081088 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020-C<br>5.25%, 11/15/2055 | 1000 | 1026449 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020-D<br>5.00%, 11/15/2043 | 1000 | 1052423 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2025<br>5.00%, 11/15/2042 | 1000 | 1108375 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 11/15/2045 | 2160 | 2347130 |
|  New York City Housing Development Corp.<br> (8 Spruce NY Owner LLC)<br>Series 2024<br>4.00%, 12/15/2031 | 215 | 222548 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.375%, 12/15/2031 | 415 | 428624 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 12/15/2031 | 1000 | 1040542 |
|  New York City Municipal Water Finance Authority<br> (New York City Municipal Water Finance Authority)<br>Series 2022-A<br>5.25%, 06/15/2052 | 5000 | 5278617 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2024-C<br>4.25%, 06/15/2054 | 2000 | 1924569 |
|  New York City Transitional Finance Authority Building Aid Revenue<br> (New York City Transitional Finance Authority Building Aid Revenue State Lease)<br>Series 2018-S<br>5.00%, 07/15/2036 | 5800 | 6125971 |
|  New York City Transitional Finance Authority Future Tax Secured Revenue<br> (New York City Transitional Finance Authority Future Tax Secured Revenue)<br>Series 2017-E1<br>5.00%, 02/01/2036 | 2500 | 2554856 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2024<br>5.00%, 11/01/2038 | 5900 | 6769768 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 11/01/2039 | 1700 | 1926867 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2025<br>5.00%, 05/01/2046 | 3175 | 3405659 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2025-E<br>5.00%, 11/01/2053 | 1000 | 1040508 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2025-H<br>5.25%, 11/01/2045 | 2530 | 2797480 |
|  New York Energy Finance Development Corp.<br> (Athene Annuity & Life Co.)<br>Series 2025<br>5.00%, 07/01/2056 | 2000 | 2145375 |

---

------

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| | | |
|:---|:---|:---|
| | **Principal**<br> **Amount**<br> **(000)** | **U.S. $ Value** |
|  New York Liberty Development Corp.<br> (3 World Trade Center LLC)<br>Series 2014<br>5.375%, 11/15/2040<sup>(a)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;300 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;300492 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.25%, 11/15/2044<sup>(a)</sup> | 510 | 511203 |
|  New York Power Authority<br> (New York Power Authority SFP Transmission Project)<br>AG Series 2023<br>5.00%, 11/15/2048 | 8000 | 8492202 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 11/15/2053 | 2000 | 2104994 |
|  New York State Dormitory Authority<br> (Montefiore Obligated Group)<br>Series 2024<br>5.50%, 11/01/2047 | 5050 | 5305178 |
|  New York State Dormitory Authority<br> (State of New York Pers Income Tax)<br>Series 2025-C<br>5.25%, 03/15/2050 | 2000 | 2152728 |
|  New York State Thruway Authority<br> (State of New York Pers Income Tax)<br>Series 2025<br>5.00%, 03/15/2055 | 3530 | 3679851 |
|  New York Transportation Development Corp.<br> (Delta Air Lines, Inc.)<br>Series 2020<br>4.00%, 10/01/2030 | 5345 | 5486230 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2023<br>5.625%, 04/01/2040 | 6500 | 6956964 |
|  New York Transportation Development Corp.<br> (JFK Intl Air Terminal)<br>Series 2022<br>5.00%, 12/01/2040 | 2000 | 2132901 |
|  New York Transportation Development Corp.<br> (JFK Millennium Partners)<br>Series 2024<br>5.50%, 12/31/2060 | 2000 | 2049883 |
| &nbsp;&nbsp;&nbsp;&nbsp; AG Series 2024<br>0.00%, 12/31/2054<sup>(g)</sup> | 9350 | 6301517 |
|  New York Transportation Development Corp.<br> (JFK NTO LLC)<br>Series 2023<br>5.375%, 06/30/2060 | 2000 | 2007295 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2024<br>5.00%, 06/30/2060 | 1565 | 1528788 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 06/30/2054 | 500 | 511200 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 06/30/2060 | 14790 | 15107103 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2025<br>6.00%, 06/30/2055 | 1000 | 1067249 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.00%, 06/30/2059 | 1000 | 1066387 |
| &nbsp;&nbsp;&nbsp;&nbsp; AG Series 2023<br>5.00%, 06/30/2049 | 1000 | 1011011 |
|  New York Transportation Development Corp.<br> (Laguardia Gateway Partners)<br>Series 2016-A<br>5.00%, 07/01/2046 | 3930 | 3931534 |

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| | | |
|:---|:---|:---|
| | **Principal**<br> **Amount**<br> **(000)** | **U.S. $ Value** |
|  Oneida County Local Development Corp.<br> (Hamilton College)<br>Series 2021<br>5.00%, 07/01/2051 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3200 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3610430 |
|  Onondaga Civic Development Corp.<br> (Syracuse University)<br>Series 2025<br>5.50%, 12/01/2056 | 2000 | 2198248 |
|  Suffolk Regional Off-Track Betting Corp.<br> (Suffolk Regional Off-Track Betting)<br>Series 2024<br>6.00%, 12/01/2053 | 1000 | 1023071 |
|  Triborough Bridge & Tunnel Authority<br> (Metropolitan Transportation Authority Payroll Mobility Tax Revenue)<br>Series 2021-A<br>2.591%, 05/15/2036 | 2000 | 1712424 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.917%, 05/15/2040 | 2000 | 1622694 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021-C<br>5.00%, 05/15/2051 | 5000 | 5203873 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022<br>3.509% (SOFR + 1.05%), 04/01/2026<sup>(b)</sup> | 4000 | 4001350 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 05/15/2052 | 2000 | 2232220 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2026<br>5.00%, 02/01/2028 | 10000 | 10554097 |
|  Triborough Bridge & Tunnel Authority<br> (Triborough Bridge & Tunnel Authority)<br>Series 2020-A<br>5.00%, 11/15/2049 | 2000 | 2085414 |
|  Triborough Bridge & Tunnel Authority Sales Tax Revenue<br> (Triborough Bridge & Tunnel Authority Sales Tax Revenue)<br>Series 2023-A<br>4.50%, 05/15/2063 | 4625 | 4541915 |
|  |  | 182059716 |
|  **North Carolina – 0.5%** |  |  |
|  City of Charlotte NC Airport Revenue<br> (City of Charlotte NC Airport Revenue)<br>Series 2023<br>5.00%, 07/01/2044 | 1250 | 1323589 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 07/01/2053 | 7250 | 7529003 |
|  Fayetteville State University<br> (Fayetteville State University)<br>Series 2023<br>5.00%, 04/01/2026<sup>(a)</sup> | 375 | 375645 |
|  North Carolina Turnpike Authority<br> (North Carolina Turnpike Authority)<br>AG Series 2024<br>Zero Coupon, 01/01/2053 | 2000 | 542897 |
|  |  | 9771134 |
|  **Ohio – 2.3%** |  |  |
|  Columbus Regional Airport Authority<br> (Columbus Regional Airport Authority)<br>Series 2025<br>5.25%, 01/01/2041 | 1925 | 2139243 |

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| | | |
|:---|:---|:---|
| | **Principal**<br> **Amount**<br> **(000)** | **U.S. $ Value** |
|  County of Cuyahoga OH<br> (MetroHealth System/The)<br>Series 2017<br>5.00%, 02/15/2042 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8000 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8026782 |
|  County of Hamilton OH<br> (Christ Hospital Obligated Group)<br>Series 2023<br>5.00%, 06/01/2042 | 2000 | 2088054 |
|  County of Hamilton OH<br> (UC Health Obligated Group)<br>Series 2020<br>5.00%, 09/15/2050 | 3045 | 2973860 |
|  County of Washington OH<br> (Marietta Area Health Care Obligated Group)<br>Series 2022<br>6.625%, 12/01/2042 | 2000 | 2162112 |
|  Lancaster Port Authority<br> (Royal Bank of Canada)<br>Series 2024-A<br>5.00%, 02/01/2055 | 1000 | 1080366 |
|  Ohio Air Quality Development Authority<br> (American Electric Power)<br>Series 2024<br>3.70%, 10/01/2028 | 5500 | 5567663 |
|  Ohio Air Quality Development Authority<br> (Duke Energy Corp.)<br>Series 2022<br>4.25%, 11/01/2039 | 2000 | 2032701 |
|  Ohio Higher Educational Facility Commission<br> (John Carroll University)<br>Series 2025<br>5.375%, 10/01/2045 | 1000 | 1017403 |
|  Ohio Higher Educational Facility Commission<br> (University of Dayton)<br>Series 2022<br>5.00%, 02/01/2052 | 4000 | 4091938 |
|  Ohio Higher Educational Facility Commission<br> (Xavier University)<br>Series 2024<br>5.00%, 05/01/2038 | 1010 | 1080491 |
|  Ohio Housing Finance Agency<br> (Ohio Housing Finance Agency)<br>Series 2024<br>7.50%, 03/01/2049 | 2500 | 3021388 |
|  Ohio State University (The)<br> (Ohio State University)<br>Series 2023<br>5.25%, 12/01/2046 | 1000 | 1080023 |
|  Port of Greater Cincinnati Development Authority<br> (Duke Energy Convention Center Project)<br>AG Series 2024<br>4.375%, 12/01/2058 | 1000 | 964244 |
|  University of Toledo<br> (University of Toledo)<br>Series 2023-B<br>3.462% (SOFR + 0.90%), 06/01/2036<sup>(a) (b)</sup> | 9530 | 9448510 |
|  |  | 46774778 |

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| | | |
|:---|:---|:---|
| | **Principal**<br> **Amount**<br> **(000)** | **U.S. $ Value** |
|  **Oklahoma – 0.5%** |  |  |
|  Oklahoma Development Finance Authority<br> (Oklahoma Development Finance Authority)<br>Series 2022<br>4.714%, 05/01/2052 | $5000 | $4766612 |
|  Oklahoma Development Finance Authority<br> (OU Medicine Obligated Group)<br>Series 2022-A<br>5.50%, 08/15/2044 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2360 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2410839 |
|  Oklahoma Turnpike Authority<br> (Oklahoma Turnpike Authority)<br>Series 2025-A<br>5.50%, 01/01/2054 | 1000 | 1085728 |
|  Tulsa Municipal Airport Trust Trustees/OK<br> (American Airlines, Inc.)<br>Series 2025<br>6.25%, 12/01/2035 | 1370 | 1610638 |
|  |  | 9873817 |
|  **Oregon – 0.1%** |  |  |
|  Multnomah County School District No. 40<br> (Multnomah County School District No. 40)<br>Series 2023-A<br>Zero Coupon, 06/15/2043 | 1000 | 448950 |
|  Port of Portland OR Airport Revenue<br> (Port of Portland OR Airport Revenue)<br>Series 2024-T<br>5.00%, 07/01/2032 | 1030 | 1171307 |
|  Umatilla County School District No. 6R Umatilla<br> (Umatilla County School District No. 6R Umatilla)<br>Series 2023-B<br>Zero Coupon, 06/15/2053 | 2000 | 509116 |
|  |  | 2129373 |
|  **Other – 2.0%** |  |  |
|  ARC70 II Trust<br> (ARC70 II TRUST)<br>Series 2023<br>5.00%, 04/01/2065<sup>(a)</sup> | 5533 | 5506191 |
|  Federal Home Loan Mortgage Corp. Multifamily ML Certificates<br> (FRETE 2021-ML10)<br>Series 2021-ML10, Class ACA<br>2.046%, 06/25/2038 | 939 | 797583 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021-ML10, Class AUS<br>2.032%, 01/25/2038 | 1224 | 1010500 |
|  Federal Home Loan Mortgage Corp. Multifamily ML Certificates<br> (FRETE 2021-ML12)<br>Series 2021-ML12, Class AUS<br>2.34%, 07/25/2041 | 1901 | 1609859 |
|  Federal Home Loan Mortgage Corp. Multifamily ML Certificates<br> (FRETE 2024-ML21)<br>Series 2024-ML21, Class AUS<br>4.615%, 08/25/2041 | 3200 | 3397906 |

---

------

---

| | | |
|:---|:---|:---|
| | **Principal**<br> **Amount**<br> **(000)** | **U.S. $ Value** |
|  Federal Home Loan Mortgage Corp. Multifamily ML Certificates<br> (FRETE 2024-ML22)<br>Series 2024-ML22, Class AUS<br>4.686%, 10/25/2040 | $987 | $1031712 |
|  Federal Home Loan Mortgage Corp. Multifamily ML Certificates<br> (FRETE 2024-ML23)<br>Series 2024-ML23, Class AUS<br>4.703%, 04/25/2042 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;994 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1075862 |
|  Federal Home Loan Mortgage Corp. Multifamily ML Certificates<br> (FRETE 2024-ML24)<br>Series 2024-ML24, Class AUS<br>4.30%, 05/25/2041 | 4331 | 4371947 |
|  Federal Home Loan Mortgage Corp. Multifamily Variable Rate Certificate<br> (FMMV M052)<br>Series M052, Class A<br>2.65%, 06/15/2036 | 5105 | 4606450 |
|  Federal Home Loan Mortgage Corp. Multifamily VRD Certificates<br> (FHLM)<br>4.76%, 08/25/2041 | 4468 | 4782142 |
|  Federal Home Loan Mortgage Corp. Multifamily VRD Certificates<br> (FHLMC Multifamily VRD Certificates)<br>4.837%, 03/25/2042 | 3999 | 4233359 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2025-M<br>4.095%, 11/25/2042 | 3230 | 3406329 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.604%, 06/25/2042 | 1997 | 2108551 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2026-M<br>4.64%, 10/25/2040 | 1000 | 1067680 |
|  |  | 39006071 |
|  **Pennsylvania – 3.0%** |  |  |
|  Berks County Municipal Authority (The)<br> (Tower Health Obligated Group)<br>Series 2024<br>7.00%, 06/30/2039 | 1000 | 838655 |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.00%, 06/30/2034 | 280 | 291567 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2024-A<br>6.00%, 06/30/2034 | 135 | 145621 |
|  Chambersburg Area Municipal Authority<br> (Wilson College)<br>Series 2018<br>5.75%, 10/01/2038 | 2350 | 2350247 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%, 10/01/2043 | 5000 | 4948561 |
|  Chester County Industrial Development Authority<br> (Collegium Charter School)<br>Series 2022<br>5.00%, 10/15/2032<sup>(a)</sup> | 755 | 768765 |
|  Commonwealth of Pennsylvania<br> (Commonwealth of Pennsylvania)<br>Series 2026<br>5.00%, 04/01/2027 | 4000 | 4125126 |

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| | | |
|:---|:---|:---|
| | **Principal**<br> **Amount**<br> **(000)** | **U.S. $ Value** |
|  Geisinger Authority<br> (Kaiser Obligated Group)<br>Series 2020<br>4.00%, 04/01/2039 | $3820 | $3828022 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 04/01/2043 | 6250 | 6740112 |
|  Montgomery County Higher Education & Health Authority<br> (Thomas Jefferson University Obligated Group)<br>Series 2022<br>5.00%, 05/01/2052 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2018542 |
|  Pennsylvania Economic Development Financing Authority<br> (Commonwealth of Pennsylvania Dept. of Transportation)<br>Series 2022<br>6.00%, 06/30/2061 | 10000 | 10628188 |
|  Pennsylvania Economic Development Financing Authority<br> (Noble Environmental, Inc.)<br>Series 2025<br>6.875%, 09/01/2047<sup>(a)</sup> | 1000 | 1077341 |
|  Pennsylvania Economic Development Financing Authority<br> (PA Bridges Finco LP)<br>Series 2015<br>5.00%, 06/30/2042 | 1000 | 1002364 |
|  Pennsylvania Economic Development Financing Authority<br> (UPMC Obligated Group)<br>Series 2022-C<br>2.58% (MUNIPSA + 0.70%), 11/15/2047<sup>(b)</sup> | 10000 | 9958809 |
|  Pennsylvania Higher Educational Facilities Authority<br> (Thomas Jefferson University Obligated Group)<br>Series 2024<br>5.50%, 11/01/2054 | 1300 | 1364693 |
|  Pittsburgh Water & Sewer Authority<br> (Pittsburgh Water & Sewer Authority)<br>AG Series 2023-C<br>3.369% (SOFR + 0.80%), 09/01/2040<sup>(a) (b)</sup> | 10000 | 9945512 |
|  |  | 60032125 |
|  **Puerto Rico – 1.0%** |  |  |
|  Commonwealth of Puerto Rico<br> (Commonwealth of Puerto Rico)<br>Series 2022-A<br>Zero Coupon, 11/01/2051 | 1966 | 1214129 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.00%, 11/01/2051 | 2500 | 793750 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.069%, 11/01/2051 | 1672 | 1157816 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022-C<br>Zero Coupon, 11/01/2043 | 5940 | 4054050 |
|  Puerto Rico Commonwealth Aqueduct & Sewer Authority<br> (Puerto Rico Commonwealth Aqueduct & Sewer Authority)<br>Series 2021-C<br>3.50%, 07/01/2026<sup>(a)</sup> | 2000 | 1998840 |

---

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| | | |
|:---|:---|:---|
| | **Principal**<br> **Amount**<br> **(000)** | **U.S. $ Value** |
|  Puerto Rico Electric Power Authority<br> (Puerto Rico Electric Power Authority)<br>AG Series 2007-V<br>5.25%, 07/01/2031 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1895 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1960955 |
| &nbsp;&nbsp;&nbsp;&nbsp; NATL Series 2007-V<br>5.25%, 07/01/2033 | 1150 | 1177953 |
|  Puerto Rico Industrial Tourist Educational Medical & Environmental Control Facilities Financing Auth<br> (AES Puerto Rico LP)<br>Series 2023-A<br>6.625%, 01/01/2027 | 322 | 321604 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.625%, 01/01/2028 | 2454 | 2457655 |
|  Puerto Rico Industrial Tourist Educational Medical & Environmental Control Facilities Financing Auth<br> (San Juan Cruise Port LLC)<br>Series 2024<br>6.75%, 01/01/2045 | 1000 | 1145574 |
|  Puerto Rico Sales Tax Financing Corp. Sales Tax Revenue<br> (Puerto Rico Sales Tax Financing Sales Tax Revenue)<br>Series 2018-A<br>Zero Coupon, 07/01/2029 | 1595 | 1436931 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019-A<br>4.329%, 07/01/2040 | 1339 | 1341327 |
|  |  | 19060584 |
|  **South Carolina – 2.9%** |  |  |
|  Columbia Housing Authority/SC<br> (Garden Lakes Apartments)<br>Series 2022<br>5.26%, 11/01/2032 | 100 | 101321 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.41%, 11/01/2039 | 1240 | 1247754 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.28%, 11/01/2039 | 100 | 100533 |
|  Greenville Housing Authority/SC<br> (Victor Verdae Apartments)<br>Series 2023<br>6.16%, 05/01/2063<sup>(a)</sup> | 3000 | 2765762 |
|  Last Step Recycling LLC<br> (Last Step Recycling LLC)<br>9.50%, 12/15/2028<sup>(f) (i) (j) (k)</sup> | 572 | 572297 |
|  Patriots Energy Group Financing Agency<br> (Royal Bank of Canada)<br>Series 2023<br>5.25%, 02/01/2054 | 2275 | 2490283 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2023-B<br>4.359% (SOFR + 1.90%), 02/01/2054<sup>(b)</sup> | 5000 | 5196625 |
|  Patriots Energy Group Financing Agency<br> (Sumitomo Mitsui Financial Group)<br>Series 2023-A<br>5.25%, 10/01/2054 | 2000 | 2198244 |
|  South Carolina Jobs-Economic Development Authority<br> (Bon Secours Mercy Health)<br>Series 2025<br>5.25%, 11/01/2043 | 1000 | 1118135 |

---

------

---

| | | |
|:---|:---|:---|
| | **Principal**<br> **Amount**<br> **(000)** | **U.S. $ Value** |
|  South Carolina Jobs-Economic Development Authority<br> (Connexion Communities Obligated Group)<br>Series 2025<br>6.75%, 10/15/2060<sup>(a)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1485 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1503269 |
|  South Carolina Jobs-Economic Development Authority<br> (International Paper Co.)<br>Series 2023<br>4.00%, 04/01/2033 | 1000 | 1000679 |
|  South Carolina Jobs-Economic Development Authority<br> (Last Step Recycling LLC)<br>Series 2021<br>6.50%, 06/01/2051<sup>(d) (e) (f)</sup> | 1450 | 159500 |
|  South Carolina Jobs-Economic Development Authority<br> (Novant Health Obligated Group)<br>Series 2024<br>5.25%, 11/01/2043 | 5000 | 5532060 |
|  South Carolina Jobs-Economic Development Authority<br> (Prisma Health Obligated Group)<br>Series 2018<br>5.00%, 05/01/2038 | 2500 | 2600706 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018-A<br>5.00%, 05/01/2048 | 1000 | 1010184 |
|  South Carolina Jobs-Economic Development Authority<br> (PSG Patriot's Place Apartments)<br>Series 2022<br>0.00%, 06/01/2052<sup>(g)</sup> | 1600 | 1235375 |
|  South Carolina Jobs-Economic Development Authority<br> (Rolling Green Village)<br>Series 2025<br>5.00%, 12/01/2040 | 1125 | 1165301 |
|  South Carolina Public Service Authority<br> (South Carolina Public Service Authority)<br>Series 2015-A<br>5.00%, 12/01/2050 | 1980 | 1979919 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2016-A<br>5.00%, 12/01/2036 | 4750 | 4774049 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2016-B<br>5.00%, 12/01/2036 | 2000 | 2030725 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 12/01/2056 | 6250 | 6250664 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022-A<br>4.00%, 12/01/2052 | 5000 | 4509683 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 12/01/2055 | 2500 | 2565539 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2025-A<br>5.25%, 12/01/2050 | 5000 | 5343233 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2026-C<br>5.00%, 12/01/2036<sup>(c)</sup> | 1000 | 1184816 |
|  |  | 58636656 |

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------

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| | | |
|:---|:---|:---|
| | **Principal**<br> **Amount**<br> **(000)** | **U.S. $ Value** |
|  **South Dakota – 0.0%** |  |  |
|  South Dakota Housing Development Authority<br> (Schuett Spearfish LP)<br>Series 2023<br>6.15%, 09/01/2039 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;400 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;420915 |
|  **Tennessee – 2.1%** |  |  |
|  Bristol Industrial Development Board<br> (Bristol Industrial Development Board Sales Tax)<br>Series 2016-A<br>5.00%, 12/01/2035<sup>(a)</sup> | 2785 | 2750979 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.125%, 12/01/2042<sup>(a)</sup> | 1325 | 1310222 |
|  Hamilton County & Chattanooga Sports Authority<br> (Hamilton County & Chattanooga Sports Authority)<br>Series 2024-A<br>5.75%, 12/01/2050 | 1500 | 1671804 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.00%, 12/01/2055 | 2400 | 2712520 |
|  Knox County Industrial Development Board<br> (Tompaul Knoxville LLC)<br>Series 2022<br>9.25%, 11/01/2042<sup>(f)</sup> | 1000 | 993849 |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.50%, 11/01/2052<sup>(f)</sup> | 1060 | 998528 |
|  Metropolitan Government Nashville & Davidson County Sports Authority<br> (Metropolitan Govt of Nashville & Davidson County TN)<br>AG Series 2023-A<br>5.25%, 07/01/2053 | 4000 | 4210239 |
|  Metropolitan Government of Nashville & Davidson County TN Water & Sewer Revenue<br> (Metropolitan Govt of Nashville & Davidson County TN Water & Sewer Revenue)<br>Series 2025<br>5.00%, 07/01/2050 | 5000 | 5230960 |
|  Metropolitan Nashville Airport Authority (The)<br> (Metropolitan Nashville Airport Authority/The)<br>Series 2022-B<br>5.00%, 07/01/2031 | 1675 | 1864755 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 07/01/2040 | 2350 | 2625701 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2026-B<br>5.00%, 07/01/2034 | 1000 | 1156976 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 07/01/2038 | 1350 | 1537506 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 07/01/2039 | 1000 | 1127919 |
|  Tennergy Corp./TN<br> (Nomura Holdings, Inc.)<br>Series 2022-A<br>5.50%, 10/01/2053 | 5000 | 5447585 |
|  Tennessee Energy Acquisition Corp.<br> (Goldman Sachs Group)<br>Series 2023-A<br>5.00%, 05/01/2053 | 2000 | 2088953 |
|  Tennessee Energy Acquisition Corp.<br> (Massachusetts Mutual Life Insurance)<br>Series 2026-A<br>5.00%, 11/01/2034 | 2055 | 2276205 |

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| | | |
|:---|:---|:---|
| | **Principal**<br> **Amount**<br> **(000)** | **U.S. $ Value** |
|  Tennessee Energy Acquisition Corp.<br> (Pacific Life Insurance)<br>Series 2025-A<br>5.00%, 12/01/2035 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2000 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2197744 |
|  Wilson County Health & Educational Facilities Board<br> (Limestone Trail Apartments)<br>Series 2021<br>4.00%, 12/01/2039 | 990 | 820953 |
|  |  | 41023398 |
|  **Texas – 5.1%** |  |  |
|  Arlington Higher Education Finance Corp.<br> (BASIS Texas Charter Schools)<br>Series 2025<br>5.625%, 06/15/2045<sup>(a)</sup> | 1630 | 1684987 |
|  Arlington Higher Education Finance Corp.<br> (Cypress Christian School)<br>Series 2024-2<br>5.75%, 06/01/2043<sup>(a)</sup> | 1020 | 1052590 |
|  Arlington Higher Education Finance Corp.<br> (Harmony Public Schools)<br>Series 2016-A<br>5.00%, 02/15/2033 | 1410 | 1412166 |
|  Arlington Higher Education Finance Corp.<br> (Magellan School/The)<br>Series 2022<br>6.25%, 06/01/2052<sup>(a)</sup> | 1000 | 1016084 |
|  City of Houston TX<br> (City of Houston TX Hotel Occupancy Tax)<br>Series 2015<br>5.00%, 09/01/2031 | 2500 | 2504875 |
|  City of Houston TX Airport System Revenue<br> (City of Houston TX Airport System Revenue)<br>Series 2025-A<br>5.00%, 07/01/2035 | 1000 | 1159289 |
|  City of Houston TX Airport System Revenue<br> (United Airlines, Inc.)<br>Series 2014<br>5.00%, 07/01/2029 | 415 | 415732 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018<br>5.00%, 07/15/2028 | 1300 | 1348659 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2024-B<br>5.50%, 07/15/2038 | 2345 | 2578953 |
|  County of Harris TX<br> (County of Harris TX)<br>Series 2020-A<br>3.00%, 10/01/2045 | 1600 | 1292247 |
|  County of Harris TX Toll Road Revenue<br> (County of Harris TX Toll Road Revenue)<br>Series 2021<br>4.00%, 08/15/2050 | 1175 | 1105883 |
|  Dallas Fort Worth International Airport<br> (Dallas Fort Worth Intl Airport)<br>Series 2022-A<br>4.507%, 11/01/2051 | 1000 | 905368 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2025-A<br>5.00%, 11/01/2033 | 1000 | 1151961 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 11/01/2034 | 2365 | 2741461 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 11/01/2038 | 1000 | 1143237 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 11/01/2039 | 3565 | 4049350 |

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| | | |
|:---|:---|:---|
| | **Principal**<br> **Amount**<br> **(000)** | **U.S. $ Value** |
|  Harris County Cultural Education Facilities Finance Corp.<br> (Houston Methodist Hospital Obligated Group)<br>Series 2026-A<br>5.00%, 12/01/2029 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5050 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5539259 |
|  Harris County Cultural Education Facilities Finance Corp.<br> (Memorial Hermann Health System Obligated Group)<br>Series 2022<br>2.73% (MUNIPSA + 0.85%), 07/01/2049<sup>(b)</sup> | 1000 | 1000059 |
|  Hidalgo County Regional Mobility Authority<br> (Hidalgo County Regional Mobility Authority)<br>Series 2022-B<br>Zero Coupon, 12/01/2042 | 2000 | 900761 |
|  Irving Hospital Authority<br> (Baylor Medical Center at Irving)<br>Series 2017-A<br>5.00%, 10/15/2044 | 1785 | 1787930 |
|  Lamar Consolidated Independent School District<br> (Lamar Consolidated Independent School District)<br>AG Series 2023<br>5.50%, 02/15/2058 | 19050 | 20334646 |
|  Lewisville Independent School District<br> (Lewisville Independent School District)<br>Series 2025<br>5.00%, 08/15/2039 | 1030 | 1172239 |
|  Mission Economic Development Corp.<br> (Natgasoline LLC)<br>Series 2018<br>4.625%, 10/01/2031<sup>(a)</sup> | 4200 | 4217024 |
|  New Hope Cultural Education Facilities Finance Corp.<br> (Army Retirement Residence Obligated Group)<br>Series 2022<br>5.75%, 07/15/2052 | 1000 | 1008454 |
|  New Hope Cultural Education Facilities Finance Corp.<br> (BSPV - Plano LLC)<br>Series 2023<br>0.00%, 12/31/2030<sup>(d) (e)</sup> | 177 | 177479 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.25%, 12/31/2030<sup>(d) (e)</sup> | 1000 | 1000000 |
|  New Hope Cultural Education Facilities Finance Corp.<br> (Buckingham Senior Living Community Obligated Group)<br>Series 2021<br>2.00%, 11/16/2061<sup>(d) (e) (g)</sup> | 4198 | 1805233 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.50%, 11/15/2036<sup>(d) (e)</sup> | 970 | 970000 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.50%, 11/15/2037<sup>(d) (e)</sup> | 150 | 150000 |
|  New Hope Cultural Education Facilities Finance Corp.<br> (Dwyer Workforce Development)<br>Series 2023<br>8.50%, 09/01/2027<sup>(f)</sup> | 1500 | 1500451 |

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------

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| | | |
|:---|:---|:---|
| | **Principal**<br> **Amount**<br> **(000)** | **U.S. $ Value** |
|  New Hope Cultural Education Facilities Finance Corp.<br> (Morningside Ministries Obligated Group)<br>Series 2020<br>5.00%, 01/01/2055 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;425 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;363428 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022<br>5.00%, 01/01/2057 | 1000 | 842538 |
|  Newark Higher Education Finance Corp.<br> (Abilene Christian University)<br>Series 2022<br>4.00%, 04/01/2057 | 5000 | 4192583 |
|  North Texas Tollway Authority<br> (North Texas Tollway System)<br>AG Series 2008<br>Zero Coupon, 01/01/2036 | 7200 | 5309544 |
|  Port of Beaumont Navigation District<br> (Jefferson 2020 Bond Lessee & Borrower Obligated Group)<br>Series 2024<br>10.00%, 07/01/2026<sup>(a)</sup> | 1000 | 1002174 |
|  Tarrant County Cultural Education Facilities Finance Corp.<br> (Stayton at Museum Way)<br>Series 2024-A<br>5.75%, 12/01/2054 | 1528 | 1339196 |
|  Tarrant County Cultural Education Facilities Finance Corp.<br> (Tarrant County Cultural Education Facilities Finance)<br>5.00%, 11/15/2036<sup>(d) (e) (i) (j)</sup> | 1514 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 11/15/2045<sup>(d) (e) (i) (j)</sup> | 3097 | 0 |
|  Tarrant County Cultural Education Facilities Finance Corp.<br> (Texas Health Resources Obligated Group)<br>Series 2025-A<br>5.50%, 11/15/2052 | 1205 | 1305443 |
|  Texas Municipal Gas Acquisition & Supply Corp. II<br> (JPMorgan Chase & Co.)<br>Series 2012-C<br>3.319% (CME Term SOFR 3 Month + 0.86%), 09/15/2027<sup>(b)</sup> | 1735 | 1738426 |
|  Texas Municipal Gas Acquisition & Supply Corp. IV<br> (BP PLC)<br>Series 2023-A<br>5.50%, 01/01/2054 | 1125 | 1210306 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2023-B<br>5.50%, 01/01/2054 | 2000 | 2261346 |
|  Texas Municipal Gas Acquisition & Supply Corp. V<br> (Bank of America Corp.)<br>Series 2024<br>5.00%, 01/01/2055 | 5000 | 5471303 |
|  Texas Municipal Gas Acquisition & Supply Corp. VI<br> (Bank of America Corp.)<br>Series 2025<br>5.00%, 01/01/2036 | 1850 | 2039232 |

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| | | |
|:---|:---|:---|
| | **Principal**<br> **Amount**<br> **(000)** | **U.S. $ Value** |
|  Texas State Public Finance Authority Charter School Finance Corp.<br> (KIPP Texas, Inc.)<br>Series 2014-A<br>5.00%, 08/15/2032 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1385 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1387348 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 08/15/2034 | 1945 | 1948281 |
|  Texas State University System<br> (Texas State University System)<br>Series 2024<br>4.00%, 03/15/2049 | 4350 | 4001890 |
|  |  | 101539415 |
|  **Utah – 0.7%** |  |  |
|  City of Salt Lake City UT Airport Revenue<br> (City of Salt Lake City UT Airport Revenue)<br>Series 2025-A<br>5.00%, 07/01/2037 | 2680 | 3055575 |
|  Downtown Revitalization Public Infrastructure District<br> (City of Salt Lake City UT Revitalization Sales Tax Revenue)<br>AG Series 2025<br>5.50%, 06/01/2055 | 2000 | 2164320 |
|  Grapevine Wash Local District<br> (Grapevine Wash Local District Assessment Area No. 1)<br>Series 2024-A<br>5.25%, 12/01/2044<sup>(a)</sup> | 1100 | 1101515 |
|  Intermountain Power Agency<br> (Intermountain Power Agency)<br>Series 2022-A<br>5.00%, 07/01/2045 | 5045 | 5315385 |
|  Utah Housing Corp.<br> (255 State 4 LLC)<br>Series 2020<br>4.58%, 01/01/2040<sup>(a) (g)</sup> | 820 | 742906 |
|  Wakara Ridge Public Infrastructure District<br> (Wakara Ridge Public Infrastructure District Wakara Ridge Assessment Area)<br>Series 2025<br>5.625%, 12/01/2054<sup>(a)</sup> | 1000 | 1025282 |
|  Wolf Creek Infrastructure Financing District No. 1<br> (Wolf Creek Infrastructure Financing District No. 1 Wolf Creek Assessment Area 1)<br>Series 2025<br>5.75%, 12/01/2044 | 1000 | 1039357 |
|  |  | 14444340 |
|  **Vermont – 0.0%** |  |  |
|  Vermont Educational & Health Buildings Financing Agency<br> (St. Michael's College)<br>Series 2023<br>5.50%, 10/01/2043<sup>(a)</sup> | 1000 | 928186 |

---

------

---

| | | |
|:---|:---|:---|
| | **Principal**<br> **Amount**<br> **(000)** | **U.S. $ Value** |
|  **Virginia – 0.5%** |  |  |
|  Arlington County Industrial Development Authority<br> (Virginia Hospital Center Arlington Health System Obligated Group)<br>Series 2020<br>4.00%, 07/01/2045 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;690 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;661180 |
|  Cherry Hill Community Development Authority<br> (Potomac Shores Project)<br>Series 2015<br>5.40%, 03/01/2045<sup>(a)</sup> | 1410 | 1411214 |
|  Powhatan County Economic Development Authority<br> (Powhatan County Economic Development Authority)<br>Series 2025<br>6.125%, 09/01/2060<sup>(a)</sup> | 1000 | 1007940 |
|  US Bank Trust Co. NA<br> (Park Landing LP)<br>Series 2022-B<br>5.90%, 08/01/2052 | 1630 | 1473688 |
|  Virginia Beach Development Authority<br> (Westminster-Canterbury on Chesapeake Bay Obligated Group)<br>Series 2023<br>5.375%, 09/01/2029 | 1000 | 1010617 |
|  Virginia College Building Authority<br> (Washington & Lee University)<br>Series 2021<br>3.00%, 01/01/2040 | 2000 | 1683098 |
|  Virginia Small Business Financing Authority<br> (National Senior Communities Obligated Group)<br>Series 2020<br>3.375%, 01/01/2051 | 1000 | 811588 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 01/01/2028 | 2100 | 2187811 |
|  |  | 10247136 |
|  **Washington – 4.0%** |  |  |
|  Central Puget Sound Regional Transit Authority<br> (Central Puget Sound Regional Transit Authority Sales & Use Tax)<br>Series 2009-2<br>5.491%, 11/01/2039 | 2000 | 2087937 |
|  City of Tacoma WA Electric System Revenue<br> (City of Tacoma WA Electric System Revenue)<br>Series 2025-A<br>5.25%, 01/01/2055 | 14785 | 15805586 |
|  Grays Harbor County Public Hospital District No. 1<br> (Grays Harbor County Public Hospital District No. 1)<br>Series 2023<br>6.875%, 12/01/2053 | 300 | 330559 |
|  Grays Harbor County Public Hospital District No. 2<br> (Grays Harbor County Public Hospital District No. 2)<br>Series 2018<br>5.00%, 12/15/2048 | 5650 | 5330100 |

---

------

---

| | | |
|:---|:---|:---|
| | **Principal**<br> **Amount**<br> **(000)** | **U.S. $ Value** |
|  Port of Seattle WA<br> (Port of Seattle WA)<br>Series 2021<br>4.00%, 08/01/2041 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2000 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2017330 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022<br>5.00%, 08/01/2033 | 2495 | 2819086 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 08/01/2047 | 11195 | 11526536 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 08/01/2047 | 1000 | 1062962 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2025-B<br>5.00%, 10/01/2033 | 2000 | 2300371 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 10/01/2034 | 4850 | 5630549 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 10/01/2036 | 4110 | 4753696 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 10/01/2038 | 2000 | 2267695 |
|  Port of Tacoma WA<br> (Port of Tacoma WA)<br>Series 2016-B<br>5.00%, 12/01/2037 | 2000 | 2023935 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 12/01/2038 | 2500 | 2527328 |
|  Spokane County School District No. 81 Spokane<br> (Spokane County School District No. 81 Spokane)<br>Series 2012<br>3.00%, 12/01/2031 | 2000 | 2000057 |
|  Washington Health Care Facilities Authority<br> (CommonSpirit Health Obligated Group)<br>Series 2025<br>5.50%, 09/01/2055 | 1000 | 1066418 |
|  Washington Health Care Facilities Authority<br> (Fred Hutchinson Cancer Center Obligated Group)<br>Series 2020<br>5.00%, 09/01/2040 | 700 | 746134 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021<br>3.00%, 12/01/2034<sup>(a)</sup> | 425 | 421934 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 12/01/2027<sup>(a)</sup> | 440 | 459026 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 12/01/2028<sup>(a)</sup> | 315 | 336218 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 12/01/2029<sup>(a)</sup> | 170 | 185383 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 12/01/2030<sup>(a)</sup> | 265 | 294523 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 12/01/2031<sup>(a)</sup> | 265 | 293983 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 12/01/2032<sup>(a)</sup> | 225 | 248906 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 12/01/2033<sup>(a)</sup> | 490 | 539972 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2025<br>4.25%, 03/01/2044 | 1765 | 1765671 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 03/01/2039 | 1620 | 1829553 |
|  Washington State Housing Finance Commission<br> (Presbyterian Retirement Communities Northwest Obligated Group)<br>Series 2019-A<br>5.00%, 01/01/2055<sup>(a)</sup> | 1000 | 913298 |
|  Washington State Housing Finance Commission<br> (Seattle Academy of Arts & Sciences)<br>Series 2023<br>6.375%, 07/01/2063<sup>(a)</sup> | 835 | 895471 |
|  Washington State Housing Finance Commission<br> (WSHFC 2021-1)<br>Series 2021-1, Class A<br>3.50%, 12/20/2035 | 2164 | 2147584 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021-1, Class X<br>0.727%, 12/20/2035<sup>(h)</sup> | 1833 | 67926 |

---

------

---

| | | |
|:---|:---|:---|
| | **Principal**<br> **Amount**<br> **(000)** | **U.S. $ Value** |
|  Washington State Housing Finance Commission<br> (WSHFC 2023-1)<br>Series 2023-1, Class A<br>3.375%, 04/20/2037 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;977 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;944111 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2023-1, Class X<br>1.495%, 04/20/2037<sup>(h)</sup> | 4888 | 467885 |
|  Washington State Housing Finance Commission<br> (WSHFC 2024-1)<br>Series 2024-1, Class A<br>4.221%, 03/01/2050 | 990 | 1001068 |
|  Washington State Housing Finance Commission<br> (WSHFC 2025-1)<br>Series 2025-1, Class A1<br>4.079%, 08/20/2063 | 1991 | 1967107 |
|  |  | 79075898 |
|  **West Virginia – 0.1%** |  |  |
|  Monongalia County Commission Excise Tax District<br> (Monongalia County Commission Excise Tax District)<br>Series 2023<br>0.00%, 06/01/2053<sup>(a) (g)</sup> | 760 | 172290 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.00%, 06/01/2043<sup>(a)</sup> | 100 | 106694 |
|  Tobacco Settlement Finance Authority/WV<br> (Tobacco Settlement Finance Authority/WV)<br>Series 2020<br>4.875%, 06/01/2049 | 1320 | 1280919 |
|  West Virginia Economic Development Authority<br> (Wyoming County Coal LLC)<br>Series 2023<br>9.00%, 06/01/2038<sup>(d) (e) (f)</sup> | 2250 | 1350000 |
|  |  | 2909903 |
|  **Wisconsin – 3.8%** |  |  |
|  Public Finance Authority<br> (PFA 2026-1)<br>Series 2026-1, Class A1<br>4.126%, 01/20/2041 | 3000 | 2993106 |
|  St. Croix Chippewa Indians of Wisconsin<br> (St. Croix Chippewa Indians of Wisconsin)<br>Series 2021<br>5.00%, 09/30/2041<sup>(a)</sup> | 1000 | 953959 |
|  State of Wisconsin<br> (State of Wisconsin)<br>Series 2027-1<br>5.00%, 05/01/2030<sup>(c)</sup> | 1000 | 1075466 |
|  Wisconsin Center District<br> (Wisconsin Center District Ded Tax)<br>Series 2022<br>5.25%, 12/15/2061<sup>(a)</sup> | 1000 | 989596 |
|  Wisconsin Health & Educational Facilities Authority<br> (Chiara Housing & Services Obligated Group)<br>Series 2024<br>5.875%, 07/01/2055 | 1000 | 1010994 |

---

------

---

| | | |
|:---|:---|:---|
| | **Principal**<br> **Amount**<br> **(000)** | **U.S. $ Value** |
|  Wisconsin Health & Educational Facilities Authority<br> (Froedtert ThedaCare Health Obligated Group)<br>Series 2019<br>4.00%, 12/15/2035 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;305 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;313323 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 12/15/2036 | 335 | 342756 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 12/15/2037 | 320 | 326209 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 12/15/2038 | 335 | 340105 |
|  Wisconsin Health & Educational Facilities Authority<br> (Gundersen Lutheran Obligated Group)<br>Series 2021<br>4.00%, 10/15/2035 | 1375 | 1434391 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 10/15/2036 | 2600 | 2692549 |
|  Wisconsin Health & Educational Facilities Authority<br> (Oakwood Lutheran Senior Ministries Obligated Group)<br>Series 2021<br>4.00%, 01/01/2057 | 1000 | 792848 |
|  Wisconsin Housing & Economic Development Authority<br> (Roers Sun Prairie Apartments Owner)<br>Series 2022<br>4.625%, 03/15/2040<sup>(a)</sup> | 255 | 237266 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022-A<br>3.875%, 12/01/2039<sup>(a)</sup> | 1170 | 1085235 |
|  Wisconsin Public Finance Authority<br> (Absolute Awakenings)<br>Series 2025-A<br>7.00%, 01/01/2045<sup>(a)</sup> | 1010 | 1081356 |
|  Wisconsin Public Finance Authority<br> (Alpha Ranch Water Control & Improvement District of Denton & Wise Counties)<br>Series 2024<br>Zero Coupon, 12/15/2038<sup>(a)</sup> | 2000 | 936361 |
|  Wisconsin Public Finance Authority<br> (Beyond Boone LLC)<br>AG Series 2019<br>5.00%, 07/01/2054 | 775 | 780381 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 07/01/2058 | 750 | 754785 |
|  Wisconsin Public Finance Authority<br> (Blue Ridge Healthcare Obligated Group)<br>Series 2020<br>5.00%, 01/01/2035 | 500 | 532011 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 01/01/2036 | 500 | 529558 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 01/01/2037 | 500 | 527067 |
|  Wisconsin Public Finance Authority<br> (Catholic Bishop of Chicago/The)<br>Series 2021<br>5.75%, 07/25/2041<sup>(f)</sup> | 6750 | 6433480 |
|  Wisconsin Public Finance Authority<br> (CFC-SA LLC)<br>Series 2022<br>5.00%, 02/01/2052 | 1150 | 1149819 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 02/01/2062 | 1000 | 984532 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%, 02/01/2052<sup>(a)</sup> | 1000 | 1024536 |

---

------

---

| | | |
|:---|:---|:---|
| | **Principal**<br> **Amount**<br> **(000)** | **U.S. $ Value** |
|  Wisconsin Public Finance Authority<br> (FAH Tree House LLC)<br>Series 2023<br>6.50%, 08/01/2053<sup>(a)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2825 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2592519 |
|  Wisconsin Public Finance Authority<br> (Heritage Bend Project)<br>Series 2025<br>Zero Coupon, 12/15/2042<sup>(a)</sup> | 3485 | 1098015 |
|  Wisconsin Public Finance Authority<br> (Inperium Obligated Group)<br>Series 2024<br>5.75%, 12/01/2054<sup>(a)</sup> | 1000 | 1015100 |
|  Wisconsin Public Finance Authority<br> (Lackland Project)<br>Series 2024<br>Zero Coupon, 02/01/2031 | 680 | 485013 |
|  Wisconsin Public Finance Authority<br> (Montgomery County Municipal Utility District Nos 123 & 153)<br>Series 2024<br>Zero Coupon, 12/15/2034<sup>(a)</sup> | 1000 | 594913 |
|  Wisconsin Public Finance Authority<br> (North San Gabriel Municipal Utility District No. 1)<br>Series 2023<br>Zero Coupon, 09/01/2029<sup>(a)</sup> | 342 | 264780 |
|  Wisconsin Public Finance Authority<br> (Puerto Rico Tollroads LLC)<br>Series 2024<br>5.50%, 07/01/2044 | 1000 | 1057057 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%, 07/01/2049 | 1000 | 1054989 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%, 07/01/2054 | 2000 | 2089905 |
|  Wisconsin Public Finance Authority<br> (QCF Behavioral Hospitals I Obligated Group)<br>Series 2024<br>7.50%, 07/01/2059<sup>(a)</sup> | 1000 | 1119741 |
|  Wisconsin Public Finance Authority<br> (Queens University of Charlotte)<br>Series 2022<br>5.25%, 03/01/2042 | 2000 | 2093571 |
|  Wisconsin Public Finance Authority<br> (Samaritan Housing Foundation Obligated Group)<br>Series 2021<br>4.00%, 06/01/2056<sup>(a)</sup> | 5000 | 3598712 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022<br>4.00%, 06/01/2049<sup>(a)</sup> | 985 | 749346 |
|  Wisconsin Public Finance Authority<br> (Southeastern Regional Medical Center Obligated Group)<br>Series 2022<br>5.00%, 02/01/2033 | 2000 | 2036397 |
|  Wisconsin Public Finance Authority<br> (SR 400 Peach Partners LLC)<br>Series 2025<br>5.75%, 06/30/2060 | 5000 | 5236664 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%, 12/31/2065 | 6630 | 6933801 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.50%, 06/30/2060 | 3030 | 3371296 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.50%, 12/31/2065 | 3400 | 3780290 |

---

------

---

| | | |
|:---|:---|:---|
| | **Principal**<br> **Amount**<br> **(000)** | **U.S. $ Value** |
|  Wisconsin Public Finance Authority<br> (Triad Math & Science Academy)<br>Series 2025<br>5.25%, 06/15/2065 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;926009 |
|  Wisconsin Public Finance Authority<br> (West 44th Avenue)<br>Series 2025<br>5.00%, 01/01/2061 | 1175 | 1150668 |
|  Wisconsin Public Finance Authority<br> (Wisconsin Public Finance Authority)<br>5.50%, 12/15/2038<sup>(a)</sup> | 924 | 927592 |
|  Wisconsin Public Finance Authority<br> (Wisconsin Public Finance Authority-MF Affordable Housing)<br>Series 2024-1<br>4.10%, 09/25/2039 | 1533 | 1564112 |
|  Wisconsin Public Finance Authority<br> (Wisconsin Public Finance Authority-Muni Certificates)<br>Series 2026<br>3.625%, 06/15/2063 | 2400 | 2403442 |
|  |  | 75465621 |
|  Total Long-Term Municipal Bonds<br>(cost $1,925,175,609) |  | 1921363939 |
|  **Short-Term Municipal Notes – 2.0%** |  |  |
|  **California – 0.1%** |  |  |
|  Nuveen California AMT-Free Quality Municipal Income Fund<br> (Nuveen California AMT-Free Quality Municipal Income Fund)<br>Series 2017<br>2.33%, 10/01/2047<sup>(a) (l)</sup> | 2000 | 2000000 |
|  **Colorado – 0.3%** |  |  |
|  Colorado State Education Loan Program<br> (Colorado State Education Loan Program)<br>Series 2026<br>5.00%, 06/30/2026 | 6000 | 6054334 |
|  **Connecticut – 0.2%** |  |  |
|  City of Danbury CT<br> (City of Danbury CT)<br>Series 2026<br>4.00%, 02/22/2027 | 4000 | 4069522 |
|  **Georgia – 0.1%** |  |  |
|  Cobb County School District<br> (Cobb County School District)<br>Series 2026<br>4.00%, 12/15/2026 | 1850 | 1875492 |
|  **New Jersey – 0.3%** |  |  |
|  County of Hudson NJ<br> (County of Hudson NJ)<br>Series 2026<br>4.00%, 02/24/2027 | 4000 | 4066820 |

---

------

---

| | | |
|:---|:---|:---|
| | **Principal**<br> **Amount**<br> **(000)** | **U.S. $ Value** |
|  Monmouth County Improvement Authority (The)<br> (Monmouth County Improvement Authority/The)<br>Series 2026<br>4.00%, 03/12/2027<sup>(c)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1500 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1526095 |
|  |  | 5592915 |
|  **New York – 0.4%** |  |  |
|  Town of Oyster Bay NY<br> (Town of Oyster Bay NY)<br>Series 2026<br>4.00%, 03/05/2027<sup>(c)</sup> | 2500 | 2544985 |
|  Triborough Bridge & Tunnel Authority<br> (Triborough Bridge & Tunnel Authority)<br>Series 2025<br>2.86% (MUNIPSA + 0.98%), 05/01/2026<sup>(b)</sup> | 6100 | 6100000 |
|  |  | 8644985 |
|  **Other – 0.6%** |  |  |
|  Nuveen AMT-Free Municipal Credit Income Fund<br> (Nuveen AMT-Free Municipal Credit Income Fund)<br>Series 2019<br>2.33%, 03/01/2029<sup>(l)</sup> | 5200 | 5200000 |
|  Nuveen AMT-Free Quality Municipal Income Fund<br> (Nuveen AMT-Free Quality Municipal Income Fund)<br>Series 2021<br>2.33%, 03/01/2029<sup>(l)</sup> | 6100 | 6100000 |
|  |  | 11300000 |
|  Total Short-Term Municipal Notes<br>(cost $39,539,711) |  | 39537248 |
|  Total Municipal Obligations<br>(cost $1,964,715,320) |  | 1960901187 |
|  | **Shares** |  |
|  **PREFERRED STOCKS – 0.0%** |  |  |
|  **Utility – 0.0%** |  |  |
|  **Electric – 0.0%** |  |  |
|  AES Guayama Holdings<br>0.00%<sup>(d) (i) (j)</sup><br>(cost $969,221) | 53964 | 157035 |
|  | **Principal**<br>**Amount**<br>**(000)** |  |
|  **CORPORATES - NON-INVESTMENT GRADE – 0.0%** |  |  |
|  **Industrial – 0.0%** |  |  |
|  **Consumer Non-Cyclical – 0.0%** |  |  |
|  Buckingham Senior Living Community, Inc.<br>Series 2025<br>12.00%, 03/31/2026<sup>(a) (i) (j)</sup><br>(cost $150,000) | $150 | 152807 |

---

------

---

| | | |
|:---|:---|:---|
| **Company** | **Shares** | **U.S. $ Value** |
|  **SHORT-TERM INVESTMENTS – 1.6%** | **SHORT-TERM INVESTMENTS – 1.6%** | **SHORT-TERM INVESTMENTS – 1.6%** |
|  **Investment Companies – 1.6%** | **Investment Companies – 1.6%** | **Investment Companies – 1.6%** |
|  AB Fixed Income Shares, Inc. - Government Money Market Portfolio - Class AB, 3.53%<sup>(m) (n) (o)</sup><br>(cost $32,460,868) | 32460868 | $32460868 |
|  **Total Investments – 99.6%**<br> (cost $1,998,295,409)<sup>(p)</sup> | **Total Investments – 99.6%**<br> (cost $1,998,295,409)<sup>(p)</sup> | 1993671897 |
|  Other assets less liabilities – 0.4% | Other assets less liabilities – 0.4% | 7969601 |
|  **Net Assets – 100.0%** | **Net Assets – 100.0%** | $**2001641498** |

---

**CENTRALLY CLEARED CREDIT DEFAULT SWAPS** 

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Description** | **Fixed**<br> **Rate**<br> **(Pay)**<br> **Receive** | **Payment**<br> **Frequency** | **Implied**<br> **Credit**<br> **Spread at**<br> **February 28,<br>2026** | **Notional**<br> **Amount**<br> **(000)** | **Notional**<br> **Amount**<br> **(000)** | **Market**<br> **Value** | **Upfront<br>Premiums**<br> **Paid**<br> **(Received)** | **Unrealized**<br> **Appreciation**<br> **(Depreciation)** |
| **Buy Contracts** | **Buy Contracts** | **Buy Contracts** | **Buy Contracts** | **Buy Contracts** | **Buy Contracts** | **Buy Contracts** | **Buy Contracts** | **Buy Contracts** |
| &nbsp;&nbsp;&nbsp;&nbsp; CDX-NAHY Series 45, 5 Year Index, 12/20/2030\* | (5.00)% | Quarterly | 3.32% | USD | 40788 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3157944) | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2804349) | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(353595) |

---

*\** *Termination date* 

**CENTRALLY CLEARED INFLATION (CPI) SWAPS** 

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | | | **Rate Type** | **Rate Type** | | | | |
| **Notional**<br> **Amount**<br> **(000)** | **Notional**<br> **Amount**<br> **(000)** | <br>**Termination**<br> **Date** | **Payments**<br> **made**<br> **by the**<br> **Fund** | **Payments**<br> **received**<br> **by the**<br> **Fund** | <br>**Payment<br>Frequency<br>Paid/**<br> **Received** |<br>**Market**<br> **Value** |<br>**Upfront**<br> **Premiums**<br> **Paid**<br> **(Received)** |<br>**Unrealized**<br> **Appreciation**<br> **(Depreciation)** |
| USD | 58000 | 10/15/2029 | 2.569% | CPI# | Maturity | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(280436) | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | $(280436) |
| USD | 56500 | 10/15/2029 | 2.485% | CPI# | Maturity | (40043) |  | (40043) |
|  |  |  |  |  |  | $(320479) | $— | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(320479) |

---

*#* *Variable interest rate based on the rate of inflation as determined by the Consumer Price Index (CPI).* 

**CENTRALLY CLEARED INTEREST RATE SWAPS** 

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | | | **Rate Type** | **Rate Type** | | | | |
| **Notional**<br> **Amount**<br> **(000)** | **Notional**<br> **Amount**<br> **(000)** | <br>**Termination**<br> **Date** | **Payments**<br> **made**<br> **by the**<br> **Fund** | **Payments**<br> **received**<br> **by the**<br> **Fund** | <br>**Payment<br>Frequency<br>Paid/**<br> **Received** |<br>**Market**<br> **Value** |<br>**Upfront**<br> **Premiums**<br> **Paid**<br> **(Received)** |<br>**Unrealized**<br> **Appreciation**<br> **(Depreciation)** |
| USD | 32540 | 03/12/2032 | 1 Day SOFR | 3.843% | Annual | $869635 | $(165) | $869800 |
| USD | 38700 | 01/03/2033 | 1 Day SOFR | 3.695% | Annual | 828353 |  | 828353 |
| USD | 22500 | 10/25/2035 | 3.521% | 1 Day SOFR | Annual | 23173 |  | 23173 |
| USD | 23600 | 02/20/2036 | 3.675% | 1 Day SOFR | Annual | (283480) |  | (283480) |
|  |  |  |  |  |  | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1437681 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(165) | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1437846 |

---

------

**INTEREST RATE SWAPS** 

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| | | | | **Rate Type** | **Rate Type** | | | | |
| <br>**Swap Counterparty** | **Notional**<br> **Amount**<br> **(000)** | **Notional**<br> **Amount**<br> **(000)** | <br>**Termination**<br> **Date** | **Payments**<br> **made**<br> **by the**<br> **Fund** | **Payments**<br> **received**<br> **by the**<br> **Fund** | <br>**Payment<br>Frequency<br>Paid/<br>Received** |<br>**Market**<br> **Value** |<br>**Upfront**<br> **Premiums**<br> **Paid/**<br> **(Received)** |<br>**Unrealized**<br> **Appreciation/**<br> **(Depreciation)** |
| Bank of America NA | USD | 2500 | 03/12/2026 | MMD 10 Year^ | 3.350% | Maturity | $201921 | $— | $201921 |
| Bank of America NA | USD | 2500 | 05/06/2026 | MMD 10 Year^ | 3.660% | Maturity | 249986 |  | 249986 |
| Bank of America NA | USD | 2000 | 06/25/2026 | MMD 10 Year^ | 3.570% | Maturity | 164617 |  | 164617 |
| Bank of America NA | USD | 3000 | 08/10/2026 | MMD 10 Year^ | 3.580% | Maturity | 231036 |  | 231036 |
| Bank of America NA | USD | 3000 | 09/18/2026 | MMD 5 Year^ | 2.480% | Maturity | 14377 |  | 14377 |
| Citibank NA | USD | 22105 | 10/09/2029 | 1.125% | 1 Week SIFMA\* | Quarterly | 898860 |  | 898860 |
| JPMorgan Chase Bank NA | USD | 3000 | 03/16/2026 | MMD 10 Year^ | 3.460% | Maturity | 272955 |  | 272955 |
| JPMorgan Chase Bank NA | USD | 2500 | 04/23/2026 | MMD 10 Year^ | 3.840% | Maturity | 302231 |  | 302231 |
| JPMorgan Chase Bank NA | USD | 2000 | 06/04/2026 | MMD 10 Year^ | 3.690% | Maturity | 193986 |  | 193986 |
| JPMorgan Chase Bank NA | USD | 3000 | 12/02/2026 | MMD 5 Year^ | 2.680% | Maturity | 34928 |  | 34928 |
| JPMorgan Chase Bank NA | USD | 5000 | 01/13/2027 | MMD 5 Year^ | 2.520% | Maturity | 11243 |  | 11243 |
| JPMorgan Chase Bank NA | USD | 5000 | 02/10/2027 | MMD 5 Year^ | 2.600% | Maturity | 25277 |  | 25277 |
| JPMorgan Chase Bank NA | USD | 5000 | 02/18/2027 | MMD 5 Year^ | 2.540% | Maturity | 9240 |  | 9240 |
| JPMorgan Chase Bank NA | USD | 5000 | 03/01/2027 | MMD 5 Year^ | 2.540% | Maturity | 7237 |  | 7237 |
| Morgan Stanley Bank NA | USD | 2500 | 03/12/2026 | MMD 10 Year^ | 3.350% | Maturity | 201921 |  | 201921 |
| Morgan Stanley Bank NA | USD | 5000 | 03/26/2026 | MMD 10 Year^ | 3.640% | Maturity | 537383 |  | 537383 |
| Morgan Stanley Bank NA | USD | 5000 | 04/13/2026 | MMD 10 Year^ | 3.890% | Maturity | 639760 |  | 639760 |
| Morgan Stanley Bank NA | USD | 2500 | 05/29/2026 | MMD 10 Year^ | 3.660% | Maturity | 237081 |  | 237081 |
| Morgan Stanley Bank NA | USD | 2500 | 07/13/2026 | MMD 5 Year^ | 2.930% | Maturity | 74915 |  | 74915 |
| Royal Bank of Canada | USD | 3000 | 10/13/2026 | MMD 5 Year^ | 2.610% | Maturity | 30260 |  | 30260 |
|  |  |  |  |  |  |  | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4339214 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4339214 |

---

*^* *Variable interest rate based on the Municipal Market Data AAA General Obligation Scale.* 

*\** *Variable interest rate based on the Securities Industry & Financial Markets Association (SIFMA) Municipal Swap Index.* 

*(a)* *Security is exempt from registration under Rule 144A or Regulation S of the Securities Act of 1933. These securities are considered restricted, but liquid and may be resold in transactions exempt from registration. At February 28, 2026, the aggregate market value of these securities amounted to $234,124,569 or 11.7% of net assets.* 

*(b)* *Floating Rate Security. Stated interest/floor/ceiling rate was in effect at February 28, 2026.* 

*(c)* *When-Issued or delayed delivery security.* 

*(d)* *Non-income producing security.* 

*(e)* *Defaulted.* 

------

*(f)* *Security is exempt from registration under Rule 144A or Regulation S of the Securities Act of 1933. These securities, which represent 0.95% of net assets as of February 28, 2026, are considered illiquid and restricted. Additional information regarding such securities follows:* 

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **144A/Restricted & Illiquid Securities** | **Acquisition**<br> **Date** | **Cost** | | **Market**<br> **Value** | | **Percentage**<br> **of**<br> **Net Assets** |
|  *Arizona Industrial Development Authority<br>(Legacy Cares, Inc.)<br>Series 2020<br>7.75%, 07/01/2050* | *06/09/2022-*<br> *07/20/2022* | $*4116975* | | $*87538* | | *0.00%* |
|  *Douglas County Housing Partnership<br>(Bridgewater Castle Rock ALF)<br>Series 2021<br>5.375%, 01/01/2041* | *01/14/2021* | *2465054* | | *2125000* | | *0.11%* |
|  *Illinois Housing Development Authority<br>(Drexel Court & Lake Park East)<br>Series 2024<br>5.67%, 11/01/2038* | *10/19/2022* | *1430000* | | *1450197* | | *0.07%* |
|  *Indiana Finance Authority<br>(Brightmark Plastics Renewal Indiana)<br>Series 2019<br>7.00%, 03/01/2039* | *03/29/2019* | *3578367* | | *173500* | | *0.01%* |
|  *Indiana Finance Authority<br>(Parkview Health System Obligated Group)<br>Series 2024-B<br>3.279%, 11/01/2046* | *06/24/2024* | *1910000* | | *1912683* | | *0.10%* |
|  *Industrial Development Authority of the County of Pima (The)<br>(Edkey Obligated Group) Series 2020<br>5.00%, 07/01/2040* | *10/29/2020* | *1378916* | | *1084000* | | *0.05%* |
|  *Knox County Industrial Development Board<br>(Tompaul Knoxville LLC) Series 2022<br>9.25%, 11/01/2042* | *11/25/2022* | *1000000* | | *993849* | | *0.05%* |
|  *Knox County Industrial Development Board<br>(Tompaul Knoxville LLC) Series 2022<br>9.50%, 11/01/2052* | *11/25/2022-<br>06/13/2025* | *1058508* | | *998528* | | *0.05%* |
|  *Last Step Recycling LLC<br>(Last Step Recycling LLC)<br>9.50%, 12/15/2028* | *03/26/2025-<br>12/18/2025* | *572297* | | *572297* | | *0.03%* |
|  *Mississippi Business Finance Corp.<br>(Alden Group Renewable Energy Mississippi)<br>Series 2022<br>8.00%, 12/01/2029* | *12/13/2022* | *1236717* | | *62500* | | *0.00%* |
|  *New Hope Cultural Education Facilities Finance Corp.<br>(Dwyer Workforce Development)<br>Series 2023<br>8.50%, 09/01/2027* | *02/03/2023* | *1500000* | | *1500451* | | *0.08%* |
|  *Polk County Industrial Development Authority/FL<br>(Mineral Development LLC) Series 2020<br>5.875%, 01/01/2033* | *10/23/2020* | *950000* | | *190000* | | *0.01%* |

---

------

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **144A/Restricted & Illiquid Securities** | **Acquisition**<br> **Date** | **Cost** | | **Market**<br> **Value** | | **Percentage**<br> **of**<br> **Net Assets** |
|  *South Carolina Jobs-Economic Development Authority<br>(Last Step Recycling LLC)<br>Series 2021<br>6.50%, 06/01/2051* | *02/25/2022-<br>10/20/2022* | $*1293300* | | $*159500* | | *0.01%* |
|  *West Virginia Economic<br>Development Authority<br>(Wyoming County Coal LLC)<br>Series 2023<br>9.00%, 06/01/2028* | *05/31/2023* | *2250000* | | *1350000* | | *0.07%* |
|  *Wisconsin Public Finance Authority<br>(Catholic Bishop of Chicago/The)<br>Series 2021<br>5.75%, 07/25/2041* | *08/03/2021* | *6750000* | | *6433480* | | *0.32%* |

---

*(g)* *Coupon rate adjusts periodically based upon a predetermined schedule. Stated interest rate in effect at February 28, 2026.* 

*(h)* *IO - Interest Only.* 

*(i)* *Security in which significant unobservable inputs (Level 3) were used in determining fair value.* 

*(j)* *Fair valued by the Adviser.* 

*(k)* *Pay-In-Kind Payments (PIK). The issuer may pay cash interest and/or interest in additional debt securities. Rates shown are the rates in effect at February 28, 2026.* 

*(l)* *Variable Rate Demand Notes are instruments whose interest rates change on a specific date (such as coupon date or interest payment date) or whose interest rates vary with changes in a designated base rate (such as the prime interest rate). This instrument is payable on demand and is secured by letters of credit or other credit support agreements from major banks.* 

*(m)* *The rate shown represents the 7-day yield as of period end.* 

*(n)* *To obtain a copy of the fund's shareholder report, please go to the Securities and Exchange Commission's website at www.sec.gov. Additionally, shareholder reports for AB funds can be obtained by calling AB at (800) 227-4618.* 

*(o)* *Affiliated investments.* 

*(p)* *As of February 28, 2026, the cost basis of investment securities owned was substantially identical for both book and tax purposes. Gross unrealized appreciation of investments was $54,900,462 and gross unrealized depreciation of investments was $(54,420,988), resulting in net unrealized appreciation of $479,474.* 

*As of February 28, 2026, the Portfolio's percentages of investments in municipal bonds that are insured and in insured municipal bonds that have been pre-refunded or escrowed to maturity are 7.1% and 0.0%, respectively.* 

*Glossary:* 

*ABS* – *Asset-Backed Securities* 

*AG* – *Assured Guaranty Inc.* 

*AMT* – *Alternative Minimum Tax (subject to)* 

*BAM* – *Build American Mutual* 

*CDX-NAHY – North American High Yield Credit Default Swap Index* 

*CFD* – *Community Facilities District* 

*CHF* – *Collegiate Housing Foundation* 

*CMBS* – *Commercial Mortgage-Backed Securities* 

*CME – Chicago Mercantile Exchange* 

*COP* – *Certificate of Participation* 

*FHLMC* – *Federal Home Loan Mortgage Corporation* 

*MMD* – *Municipal Market Data* 

*MUNIPSA – SIFMA Municipal Swap Index* 

*NATL* – *National Interstate Corporation* 

*SOFR* – *Secured Overnight Financing Rate* 

*UPMC* – *University of Pittsburgh Medical Center* 

*XLCA* – *XL Capital Assurance Inc.* 

------

**AB Municipal Income Fund, Inc.** 

**AB National Portfolio** 

**February 28, 2026 (unaudited)** 

In accordance with U.S. GAAP regarding fair value measurements, fair value is defined as the price that the Portfolio would receive to sell an asset or pay to transfer a liability in an orderly transaction between market participants at the measurement date. U.S. GAAP establishes a framework for measuring fair value, and a three-level hierarchy for fair value measurements based upon the transparency of inputs to the valuation of an asset or liability (including those valued based on their market values). Inputs may be observable or unobservable and refer broadly to the assumptions that market participants would use in pricing the asset or liability. Observable inputs reflect the assumptions market participants would use in pricing the asset or liability based on market data obtained from sources independent of the Portfolio. Unobservable inputs reflect the Portfolio's own assumptions about the assumptions that market participants would use in pricing the asset or liability based on the best information available in the circumstances. Each investment is assigned a level based upon the observability of the inputs which are significant to the overall valuation. The three-tier hierarchy of inputs is summarized below.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 1 - quoted prices in active markets for identical investments

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 2 - other significant observable inputs (including quoted prices for similar investments, interest rates,
prepayment speeds, credit risk, etc.)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 3 - significant unobservable inputs (including the Portfolio's own assumptions in determining the fair value
of investments)

The fair value of debt instruments, such as bonds, and over-the-counter derivatives is generally based on market price quotations, recently executed market transactions (where observable) or industry recognized modeling techniques and are generally classified as Level 2. Pricing vendor inputs to Level 2 valuations may include quoted prices for similar investments in active markets, interest rate curves, coupon rates, currency rates, yield curves, option adjusted spreads, default rates, credit spreads and other unique security features in order to estimate the relevant cash flows which is then discounted to calculate fair values. If these inputs are unobservable and significant to the fair value, these investments will be classified as Level 3. In addition, non-agency rated investments are classified as Level 3.

Other fixed income investments, including non-U.S. government and corporate debt, are generally valued using quoted market prices, if available, which are typically impacted by current interest rates, maturity dates and any perceived credit risk of the issuer. Additionally, in the absence of quoted market prices, these inputs are used by pricing vendors to derive a valuation based upon industry or proprietary models which incorporate issuer specific data with relevant yield/spread comparisons with more widely quoted bonds with similar key characteristics. Those investments for which there are observable inputs are classified as Level 2. Where the inputs are not observable, the investments are classified as Level 3.

Where readily available market prices or relevant bid prices are not available for certain equity investments, such investments may be valued based on similar publicly traded investments, movements in relevant indices since last available prices or based upon underlying company fundamentals and comparable company data (such as multiples to earnings or other multiples to equity). Where an investment is valued using an observable input, by pricing vendors, such as another publicly traded security, the investment will be classified as Level 2. If management determines that an adjustment is appropriate based on restrictions on resale, illiquidity or uncertainty, and such adjustment is a significant component of the valuation, the investment will be classified as Level 3. An investment will also be classified as Level 3 where management uses company fundamentals and other significant inputs to determine the valuation.

------

The following table summarizes the valuation of the Portfolio's investments by the above fair value hierarchy levels as of February 28, 2026:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Investments in Securities:** | **Level 1** | **Level 2** | **Level 3** | **Total** |
| **Assets:** |  |  |  |  |
| Long-Term Municipal Bonds | $— | $1920601642 | $762297 <sup>(a)</sup> | $1921363939 |
| Short-Term Municipal Notes |  | 39537248 |  | 39537248 |
| Preferred Stocks |  |  | 157035 | 157035 |
| Corporates - Non-Investment Grade |  |  | 152807 | 152807 |
| Short-Term Investments | 32460868 |  |  | 32460868 |
| Total Investments in Securities | 32460868 | 1960138890 | 1072139 <sup>(a)</sup> | 1993671897 |
| **Other Financial Instruments<sup>(b)</sup>:** |  |  |  |  |
| **Assets:** |  |  |  |  |
| Centrally Cleared Interest Rate Swaps |  | 1721161 |  | 1721161 |
| Interest Rate Swaps |  | 4339214 |  | 4339214 |
| **Liabilities:** |  |  |  |  |
| Centrally Cleared Credit Default Swaps |  | (3157944) |  | (3157944) |
| Centrally Cleared Inflation (CPI) Swaps |  | (320479) |  | (320479) |
| Centrally Cleared Interest Rate Swaps |  | (283480) |  | (283480) |
| **Total** | $**32460868** | $**1962437362** | $**1072139** **<sup>(a)</sup>** | $**1995970369** |

---

*<sup>(a)</sup>* *The Portfolio held securities with zero market value at period end.* 

*<sup>(b)</sup>* *Other financial instruments include derivative instruments, such as futures, forwards and swaps. Derivative instruments are valued at the unrealized appreciation (depreciation) on the instrument. Other financial instruments may also include swaps with upfront premiums, written options and written swaptions which are valued at market value.* 

A summary of the Portfolio's transactions in AB mutual funds for the nine months ended February 28, 2026 is as follows:

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Portfolio** | **Market Value<br>05/31/2025<br>(000)** | **Purchases<br>at Cost<br>(000)** | **Sales<br>Proceeds<br>(000)** | **Market Value<br>02/28/2026<br>(000)** | **Dividend<br>Income<br>(000)** |
| AB Government Money Market Portfolio | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6741 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;324271 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;298551 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32461 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;529 |

---

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** AB MUNICIPAL INCOME FUND, INC.

- **b. Investment Company Act file number:** 811-04791

- **c. CIK number of Registrant:** 0000798737

- **d. LEI of Registrant:** 549300HSXPZXR4NTL020

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

  - **Street Address 1:** ALLIANCEBERNSTEIN LP

  - **City:** NEW YORK

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10001

  - **Telephone number:** 212-969-1000

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

- **a. Name of Series:** AB National Portfolio

- **b. EDGAR series identifier (if any):** S000010351

- **c. LEI of Series:** SRO6BPH5H2VR656V2N60

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

- **a. Date of fiscal year-end:** 2026-05-31

- **b. Date as of which information is reported:** 2026-02-28

**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:** $2015999719.79

**Total Liabilities:** $19928018.87

**Net Assets:** $1996071700.92

**Delayed Delivery Securities:** $13200870.16

**Cash Not Reported:** $8029660.59

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -3452.54000000 | **1-Year:** -53601.19000000 | **5-Year:** -270556.03000000 | **10-Year:** -604808.11000000 | **30-Year:** -220448.96000000

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

- **3-Month:** -1022.20000000 | **1-Year:** -12944.17000000 | **5-Year:** -27640.22000000 | **10-Year:** -104188.48000000 | **30-Year:** -63251.14000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000028628 | 0.09%                | 0.71%                | 1.41%                |
| Class ID C000028630 | 0.02%                | 0.54%                | 1.46%                |
| Class ID C000069625 | 0.11%                | 0.73%                | 1.43%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-103896.10              | $-4312179.40                               |
| Month 2  | $-142512.62              | $6366650.26                                |
| Month 3  | $-1357691.96             | $23273585.71                               |

**Designated Index Information**

- **Index Name:** Bloomberg Municipal Bond Unhedged

- **Index Identifier:** LMBITR:IND

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Hastings Campus Housing Finance Authority                                        | HASTINGS CAMPUS HSG FIN AUTH CA CAMPUS HSG REVENUE                                                                                       | CUSIP: 418338AB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $924981.10    | 0.05%             | 2061-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington County Community Development Agency                                   | WASHINGTON CNTY MN CMNTY DEV AGY MF HSG REV                                                                                              | CUSIP: 93778DAB2<br>LEI: 5493005S0NC4J4L8DM18 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1058363.00   | 0.05%             | 2042-07-01      | Fixed         | 6.08%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH MUNI CTFS                                                                                                           | CUSIP: 63607WBD5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    991922 | PA      | $1002386.07   | 0.05%             | 2041-01-20      | Variable      | 4.09%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley & Co. LLC                                                         | Long: IS33SO4   IRS USD R F   .00000 IS33SO4/MMD. 3.89 04102025 / Short: IS33SO4   IRS USD P F   .00000 IS33SP5/MUNIRATELOCK/10Y/T3750   | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DIR              |  | US        |   5000000 | OU      | $639760.05    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| San Francisco City & County Airport Comm-San Francisco International Airport     | SAN FRANCISCO CA CITY &CNTY ARPTS COMMN INTL ARPT REV                                                                                    | CUSIP: 79766DVP1<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5811943.50   | 0.29%             | 2035-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                         | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE                                                                                           | CUSIP: 650116HQ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  14790000 | PA      | $15107103.52  | 0.76%             | 2060-06-30      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Maricopa County Industrial Development Authority                                 | MARICOPA CNTY AZ INDL DEV AUTH EDU REVENUE                                                                                               | CUSIP: 56681NJG3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $991692.70    | 0.05%             | 2050-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| San Diego County Regional Airport Authority                                      | SAN DIEGO CNTY CA REGL ARPT AUTH AIRPORT REVENUE                                                                                         | CUSIP: 79739GTC0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1089976.50   | 0.05%             | 2045-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Florida Local Government Finance Commission                                      | FLORIDA ST LOCAL GOVT FIN COMMISSION EDUCTNL FACS REVENUE                                                                                | CUSIP: 34077EAC0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1044712.40   | 0.05%             | 2045-06-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                                                                                                     | CUSIP: 74526QPP1<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |   1895000 | PA      | $1960955.10   | 0.10%             | 2031-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Tulsa Municipal Airport Trust Trustees/OK                                        | TULSA OK MUNI ARPT TRUST TRUSTEES                                                                                                        | CUSIP: 899661EM0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1370000 | PA      | $1610638.58   | 0.08%             | 2035-12-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| RBC Capital Markets LLC                                                          | Long: IS37DI5   IRS USD R F   .00000 IS37DI5/MMD 2.61 20261013 / Short: IS37DI5   IRS USD P F   .00000 IS37DJ6/MUNIRATELOCK/5Y/T3750     | CUSIP: 000000000<br>LEI: 549300LCO2FLSSVFFR64 | N/A              | DIR              |  | US        |   3000000 | OU      | $30260.19     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                                                                                                     | CUSIP: 74526Q2S0<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |   1150000 | PA      | $1177952.48   | 0.06%             | 2033-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Central Valley Energy Authority                                                  | CENTRL VLY CA ENERGY AUTH COMMODITY SPLY REVENUE                                                                                         | CUSIP: 15569DAA0<br>LEI: 254900G5IPQ9MA3FRJ55 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5549266.50   | 0.28%             | 2055-12-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hope Cultural Education Facilities Finance Corp                              | NEW HOPE CULTURAL EDU FACS FIN CORP TX SENIOR LIVING REVENUE                                                                             | CUSIP: 64542PGG4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    177479 | PA      | $177479.00    | 0.01%             | 2030-12-31      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Monongalia County Commission Excise Tax District                                 | MONONGALIA CNTY WV COMMISSION SPL DIST EXCISE TAX REVENUE                                                                                | CUSIP: 61022CAL3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $106693.89    | 0.01%             | 2043-06-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| South Carolina Public Service Authority                                          | SOUTH CAROLINA ST PUBLIC SVC AUTH REVENUE                                                                                                | CUSIP: 8371515T2<br>LEI: EMBXY64GWKA9MZGFUD26 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5343233.00   | 0.27%             | 2050-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Southern California Public Power Authority                                       | STHRN CALIFORNIA ST PUBLIC PWR AUTH STHRN TRANSMISSION SYSTE                                                                             | CUSIP: 842469CJ5<br>LEI: 5493003B5TD5FWUKMD34 | Long             | DBT              | MUN               | US        |   1455000 | PA      | $1588759.75   | 0.08%             | 2046-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Idaho Health Facilities Authority                                                | IDAHO ST HLTH FACS AUTH REVENUE                                                                                                          | CUSIP: 451295D97<br>LEI: 549300X43KY1C2WW0J97 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1067646.50   | 0.05%             | 2057-11-01      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| Bank of America NA                                                               | Long: IS35Z27   IRS USD R F   .00000 IS35Z27/MMD 3.58 20260810 / Short: IS35Z27   IRS USD P F   .00000 IS35Z38/MUNIRATELOCK/10Y/T3750    | CUSIP: 000000000<br>LEI: B4TYDEB6GKMZO031MB27 | N/A              | DIR              |  | US        |   3000000 | OU      | $231035.67    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Metropolitan Government Nashville & Davidson County Sports Authority             | MET GOVT NASHVILLE & DAVIDSONCNTY TN SPORTS AUTH                                                                                         | CUSIP: 592090JZ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4210238.40   | 0.21%             | 2053-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| M-S-R Energy Authority                                                           | M-S-R CA ENERGY AUTH GAS REVENUE                                                                                                         | CUSIP: 55374SAE0<br>LEI: 549300UEMSS1JTK5YB98 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2483436.20   | 0.12%             | 2034-11-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Nashville Airport Authority/The                                     | MET NASHVILLE TN ARPT AUTH ARPT REVENUE                                                                                                  | CUSIP: 592190QL9<br>LEI: 549300IC0HNF8TDXEE63 | Long             | DBT              | MUN               | US        |   1675000 | PA      | $1864755.22   | 0.09%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                         | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE                                                                                           | CUSIP: 650116HA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2007295.40   | 0.10%             | 2060-06-30      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| CSCDA Community Improvement Authority                                            | CSCDA CMNTY IMPT AUTH CA ESSENTIAL HSG REVENUE                                                                                           | CUSIP: 126292BR1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1442938.40   | 0.07%             | 2057-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Washington Metropolitan Area Transit Authority Dedicated Revenue                 | WASHINGTON DC MET AREA TRANSIT AUTH DEDICATED REVENUE                                                                                    | CUSIP: 93878YDT3<br>LEI: 549300ADKOK76HQMJS30 | Long             | DBT              | MUN               | US        |   2610000 | PA      | $2739992.88   | 0.14%             | 2053-07-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                             | COLORADO ST HLTH FACS AUTH REVENUE                                                                                                       | CUSIP: 19648FYJ7<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5144286.00   | 0.26%             | 2054-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington State Housing Finance Commission                                      | WASHINGTON ST HSG FIN COMMISSION                                                                                                         | CUSIP: 93978UAA4<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |    990223 | PA      | $1001068.45   | 0.05%             | 2050-03-01      | Floating      | 3.81%                 | No            |                  2 | On Loan: No      |
| Metropolitan Nashville Airport Authority/The                                     | MET NASHVILLE TN ARPT AUTH ARPT REVENUE                                                                                                  | CUSIP: 592190QV7<br>LEI: 549300IC0HNF8TDXEE63 | Long             | DBT              | MUN               | US        |   2350000 | PA      | $2625701.30   | 0.13%             | 2040-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Escambia County Housing Finance Authority                                        | ESCAMBIA CNTY HSG FIN AUTH MF MTGE REVENUE                                                                                               | CUSIP: 29612QAA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    220000 | PA      | $235365.59    | 0.01%             | 2053-11-01      | Floating      | 6.88%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue          | NEW YORK CITY NY TRANSITIONAL FIN AUTH REVENUE                                                                                           | CUSIP: 64971W4U1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2554856.00   | 0.13%             | 2036-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hope Cultural Education Facilities Finance Corp                              | NEW HOPE CULTURAL ED FACS FIN CORP TX RETIREMENT FAC REVENUE                                                                             | CUSIP: 64542UGN8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1500451.05   | 0.08%             | 2027-09-01      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| Golden State Connect Authority                                                   | GOLDEN STATE CONNECT AUTHORITY TELECOMMUNICATIONS REVENUE                                                                                | CUSIP: 38121BAA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1010426.70   | 0.05%             | 2060-12-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                         | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE                                                                                           | CUSIP: 650116HS8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1565000 | PA      | $1528788.56   | 0.08%             | 2060-06-30      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Francisco City & County Airport Comm-San Francisco International Airport     | SAN FRANCISCO CA CITY &CNTY ARPTS COMMN INTL ARPT REV                                                                                    | CUSIP: 79766DWS4<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |   3400000 | PA      | $3857105.52   | 0.19%             | 2040-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| San Francisco City & County Airport Comm-San Francisco International Airport     | SAN FRANCISCO CA CITY &CNTY ARPTS COMMN INTL ARPT REV                                                                                    | CUSIP: 79766DXZ7<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2689662.50   | 0.13%             | 2055-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CSCDA Community Improvement Authority                                            | CSCDA CMNTY IMPT AUTH CA ESSENTIAL HSG REVENUE                                                                                           | CUSIP: 126292BJ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1245000 | PA      | $897771.99    | 0.04%             | 2058-10-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | INDIANA ST FIN AUTH STUDENT HSG REVENUE                                                                                                  | CUSIP: 45471FAW1<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1010649.60   | 0.05%             | 2049-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power Water System Revenue                     | LOS ANGELES CA DEPT OF WTR & PWR WTRWKS REVENUE                                                                                          | CUSIP: 544525Q35<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10543651.00  | 0.53%             | 2047-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maricopa County Industrial Development Authority                                 | MARICOPA CNTY AZ INDL DEV AUTH EDU REVENUE                                                                                               | CUSIP: 56681NHQ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1033961.80   | 0.05%             | 2063-07-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Louisiana Local Government Environmental Facilities & Community Development Auth | LOUISIANA ST LOCAL GOVT ENVRNMNTL FACS & CMNTY DEV AUTH                                                                                  | CUSIP: 54627RAS9<br>LEI: 5493004WIZ1HV87IVF85 | Long             | DBT              | MUN               | US        |   2180000 | PA      | $2276854.78   | 0.11%             | 2034-12-01      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| Build NYC Resource Corp                                                          | BUILD NYC RESOURCE CORP NY REVENUE                                                                                                       | CUSIP: 12008ELT1<br>LEI: 549300GROJFKMNLWEK84 | Long             | DBT              | MUN               | US        |   6440000 | PA      | $6368460.62   | 0.32%             | 2045-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Washington State Housing Finance Commission                                      | WASHINGTON ST HSG FIN COMMISSION                                                                                                         | CUSIP: 93978TS59<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |   2163843 | PA      | $2147583.95   | 0.11%             | 2035-12-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Southeast Energy Authority A Cooperative District                                | SOUTHEAST ENERGY AUTHORITY A COOPERATIVE                                                                                                 | CUSIP: 84136HAH6<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |   3575000 | PA      | $3926130.78   | 0.20%             | 2055-10-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Long Island Power Authority                                                      | LONG ISLAND NY PWR AUTH ELEC SYS REVENUE                                                                                                 | CUSIP: 542691HM5<br>LEI: 1R46U5SYJ63KQXF39168 | Long             | DBT              | MUN               | US        |   2650000 | PA      | $2805758.26   | 0.14%             | 2048-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida State Board of Governors                                                 | FLORIDA ST BRD GOVERNORS FL STUNIV ATHLETICS ASSN REVENUE                                                                                | CUSIP: 34157NAT6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3289198.50   | 0.16%             | 2042-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Geisinger Authority                                                              | GEISINGER PA AUTH HLTH SYS REVENUE                                                                                                       | CUSIP: 368497JY0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6250000 | PA      | $6740112.50   | 0.34%             | 2043-04-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                              | NEW YORK NY                                                                                                                              | CUSIP: 64966SCK0<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |   3180000 | PA      | $3117855.17   | 0.16%             | 2045-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Burbank-Glendale-Pasadena Airport Authority Brick Campaign                       | BURBANK GLENDALE PASADENA CA ARPT AUTH ARPT REVENUE                                                                                      | CUSIP: 120827EG1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2250000 | PA      | $2222452.80   | 0.11%             | 2054-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Energy Southeast A Cooperative District                                          | ENERGY S E AL A COOPERATIVE DIST ENERGY SPLY REVENUE                                                                                     | CUSIP: 292723CU5<br>LEI: 2549001SMMZ81MXBXZ89 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1093113.30   | 0.05%             | 2035-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Atlanta GA Department of Aviation                                        | ATLANTA GA ARPT REVENUE                                                                                                                  | CUSIP: 04780M2W8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1106610.40   | 0.06%             | 2040-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southeast Energy Authority A Cooperative District                                | SOUTHEAST ENERGY AUTHORITY A COOPERATIVE                                                                                                 | CUSIP: 84136HBC6<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |   3745000 | PA      | $3940973.23   | 0.20%             | 2056-01-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Arizona Industrial Development Authority                                         | ARIZONA ST INDL DEV AUTH ECON DEV REVENUE                                                                                                | CUSIP: 040523AF9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3725000 | PA      | $87537.50     | 0.00%             | 2050-07-01      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| Miami-Dade County Educational Facilities Authority                               | MIAMI-DADE CNTY FL EDUCTNL FACS AUTH REVENUE                                                                                             | CUSIP: 59333ANY3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2300000 | PA      | $2481799.82   | 0.12%             | 2045-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of California                                                              | CALIFORNIA ST                                                                                                                            | CUSIP: 13063D5F1<br>LEI: 9845007J7054602FF597 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5400073.00   | 0.27%             | 2053-09-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                          | LOS ANGELES CA DEPT OF WTR & PWR REVENUE                                                                                                 | CUSIP: 544532LW2<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |   2390000 | PA      | $2690604.64   | 0.13%             | 2039-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority Sales Tax Revenue                           | TRIBOROUGH NY BRIDGE & TUNNEL AUTH SALES TAX REVENUE                                                                                     | CUSIP: 896035CE0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4625000 | PA      | $4541914.65   | 0.23%             | 2063-05-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI HLTHCARE FACS REVENUE                                                                                                 | CUSIP: 74444KBC7<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    500000 | PA      | $532011.25    | 0.03%             | 2035-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Alliance Bernstein                                                               | AB Fixed Income Shares, Inc. - Government Money Market Portfolio                                                                         | CUSIP: 018616748<br>LEI: 5493006YWHO7MNK2U579 | Long             | STIV             | RF                | US        |  32460868 | NS      | $32460868.26  | 1.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Polk County Industrial Development Authority/FL                                  | POLK CNTY FL INDL DEV AUTH                                                                                                               | CUSIP: 731120NQ0<br>LEI: 549300UTRO4TAORRAL04 | Long             | DBT              | MUN               | US        |    950000 | PA      | $190000.00    | 0.01%             | 2033-01-01      | Fixed         | 5.88%                 | No            |                  3 | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                             | TRIBOROUGH NY BRIDGE & TUNNEL AUTH PAYROLL MOBILITY TAX                                                                                  | CUSIP: 89602HBF3<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5203873.50   | 0.26%             | 2051-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Connecticut Special Tax Revenue                                         | CONNECTICUT ST SPL TAX OBLIG REVENUE                                                                                                     | CUSIP: 207758Q55<br>LEI: 5493007GRO6CU0IKP741 | Long             | DBT              | MUN               | US        |   7000000 | PA      | $7946162.00   | 0.40%             | 2042-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Capital Trust Agency Inc                                                         | CAPITAL TRUST AGY FL REVENUE                                                                                                             | CUSIP: 14052WDR5<br>LEI: 549300F49UWS7X0OGQ59 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $442749.00    | 0.02%             | 2061-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | INDIANA ST FIN AUTH REVENUE                                                                                                              | CUSIP: 45506EQT3<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   1055000 | PA      | $1161042.16   | 0.06%             | 2043-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Nuveen AMT-Free Quality Municipal Income Fund                                    | NUVEEN AMT-FREE QUALITY MUNICIPAL INCOME FUND                                                                                            | CUSIP: 670657774<br>LEI: 549300OTYQOOXS64NI63 | Long             | DBT              | MUN               | US        |   6100000 | PA      | $6100000.00   | 0.31%             | 2029-03-01      | Floating      | 2.33%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Multifamily ML Certificates                                          | FREDDIE MAC STRUCTURED PASS THROUGH CERT                                                                                                 | CUSIP: 3137HDJL5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGSE             | US        |    993692 | PA      | $1075862.28   | 0.05%             | 2042-04-25      | Floating      | 4.70%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH SPL REVENUE                                                                                                         | CUSIP: 63608TAQ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1442000 | PA      | $809258.33    | 0.04%             | 2035-02-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| New Hope Cultural Education Facilities Finance Corp                              | NEW HOPE CULTURAL ED FACS FIN CORP TX RETIREMENT FAC REVENUE                                                                             | CUSIP: 64542UFJ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    425000 | PA      | $363427.57    | 0.02%             | 2055-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CSCDA Community Improvement Authority                                            | CSCDA CMNTY IMPT AUTH CA ESSENTIAL HSG REVENUE                                                                                           | CUSIP: 126292BG5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $740427.90    | 0.04%             | 2057-04-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Spokane County School District No 81 Spokane                                     | SPOKANE CNTY WA SCH DIST #81 SPOKANE                                                                                                     | CUSIP: 848712PU3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2000056.80   | 0.10%             | 2031-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| California Community Housing Agency                                              | CALIFORNIA CMNTY HSG AGY ESSENTIAL HSG REVENUE                                                                                           | CUSIP: 13013FBH6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1532043.20   | 0.08%             | 2052-08-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Dallas Fort Worth International Airport                                          | DALLAS-FORT WORTH TX INTERNATIONAL ARPT REVENUE                                                                                          | CUSIP: 23503CFV4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2365000 | PA      | $2741460.70   | 0.14%             | 2034-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chandler Industrial Development Authority                                        | CHANDLER AZ INDL DEV AUTH INDL DEV REVENUE                                                                                               | CUSIP: 158862CB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2042406.00   | 0.10%             | 2052-09-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Atlanta GA Department of Aviation                                        | ATLANTA GA ARPT REVENUE                                                                                                                  | CUSIP: 04780M2T5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1131728.80   | 0.06%             | 2037-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                  | CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE                                                                              | CUSIP: 13013JDR4<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2180420.80   | 0.11%             | 2054-05-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Maryland Economic Development Corp                                               | MARYLAND ST ECON DEV CORP ECON DEV REVENUE                                                                                               | CUSIP: 57420NCC3<br>LEI: 549300JJ16DDBSZWSN94 | Long             | DBT              | MUN               | US        |   1035000 | PA      | $1074822.35   | 0.05%             | 2035-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Infrastructure & Economic Development Bank                            | CALIFORNIA ST INFRASTRUCTURE & ECON DEV BANK REVENUE                                                                                     | CUSIP: 13034A7F1<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |   6000000 | PA      | $6002019.60   | 0.30%             | 2065-01-01      | Floating      | 3.50%                 | No            |                  2 | On Loan: No      |
| West Virginia Economic Development Authority                                     | WEST VIRGINIA ST ECON DEV AUTH SOL WST DISP FACS                                                                                         | CUSIP: 95648VBQ1<br>LEI: 549300WW88TKKF5H1220 | Long             | DBT              | MUN               | US        |   2250000 | PA      | $1350000.00   | 0.07%             | 2038-06-01      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| Capital Projects Finance Authority/FL                                            | CAPITAL PROJS FL FIN AUTH STUDENT HSG REVENUE                                                                                            | CUSIP: 140427CK9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4700000 | PA      | $426061.58    | 0.02%             | 2062-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH REVENUE                                                                                                             | CUSIP: 63607YDF4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1020058.60   | 0.05%             | 2036-05-01      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| Port of Tacoma WA                                                                | PORT TACOMA WA REVENUE                                                                                                                   | CUSIP: 735439PT2<br>LEI: 549300MLYO8L64QKXV81 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2023935.00   | 0.10%             | 2037-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                         | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE                                                                                           | CUSIP: 650116FQ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2132901.40   | 0.11%             | 2040-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI TOLL REVENUE                                                                                                          | CUSIP: 74448UAA6<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   3030000 | PA      | $3371296.17   | 0.17%             | 2060-06-30      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| New Hope Cultural Education Facilities Finance Corp                              | NEW HOPE CULTURAL ED FACS FIN CORP TX RETIREMENT FAC REVENUE                                                                             | CUSIP: 64542UFR0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4198021 | PA      | $1805233.41   | 0.09%             | 2061-11-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH SPL REVENUE                                                                                                         | CUSIP: 63608TAF7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    748000 | PA      | $748320.97    | 0.04%             | 2028-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley & Co. LLC                                                         | Long: IS34PF7   IRS USD R F   .00000 IS34PF7/MMD. 3.66 05282025 / Short: IS34PF7   IRS USD P F   .00000 IS34PG8/MUNIRATELOCK/10Y/T3750   | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DIR              |  | US        |   2500000 | OU      | $237081.40    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Platte River Metropolitan District                                               | PLATTE RVR MET DIST CO                                                                                                                   | CUSIP: 727810AA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    391000 | PA      | $400159.10    | 0.02%             | 2053-08-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Maricopa County Industrial Development Authority                                 | MARICOPA CNTY INDL DEV AUTH EXEMPT FACS REVENUE                                                                                          | CUSIP: 56678TAA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1100000 | PA      | $973970.36    | 0.05%             | 2047-10-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Chicago O'Hare International Airport                                             | CHICAGO IL O'HARE INTERNATIONAL ARPT REVENUE                                                                                             | CUSIP: 1675937X4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1127702.40   | 0.06%             | 2037-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Columbia Housing Authority/SC                                                    | COLUMBIA SC HSG AUTH MF HSG REVENUE                                                                                                      | CUSIP: 198409AE4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $101321.41    | 0.01%             | 2032-11-01      | Fixed         | 5.26%                 | No            |                  2 | On Loan: No      |
| LCH Ltd.                                                                         | Long: BS3ACS7   IRS USD R V 00MSOFR IS3ACT8 CCPOIS / Short: BS3ACS7   IRS USD P F  3.67500 IS3ACS7 CCPOIS                                | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |  23600000 | OU      | $-283480.01   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                  | CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE                                                                              | CUSIP: 13013JCC8<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2016782.20   | 0.10%             | 2053-07-01      | Floating      | 4.09%                 | No            |                  2 | On Loan: No      |
| New York City Municipal Water Finance Authority                                  | NEW YORK CITY NY MUNI WTR FIN AUTH WTR & SWR SYS REVENUE                                                                                 | CUSIP: 64972GB60<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5278617.50   | 0.26%             | 2052-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue          | NEW YORK CITY NY TRANSITIONAL FIN AUTH REV                                                                                               | CUSIP: 64972JTD0<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |   2530000 | PA      | $2797479.95   | 0.14%             | 2045-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Clark County School District                                                     | CLARK CNTY NV SCH DIST                                                                                                                   | CUSIP: 181059K47<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4305000 | PA      | $4103413.21   | 0.21%             | 2037-06-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| US Bank Trust Co NA                                                              | US BANK TRUST CO NA VA                                                                                                                   | CUSIP: 90355QAA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1630000 | PA      | $1473687.89   | 0.07%             | 2052-08-01      | Floating      | 5.90%                 | No            |                  2 | On Loan: No      |
| Capital Trust Agency Inc                                                         | CAPITAL TRUST AGY FL EDUCTNL FACS REVENUE                                                                                                | CUSIP: 14054CCY3<br>LEI: 549300F49UWS7X0OGQ59 | Long             | DBT              | MUN               | US        |   1435000 | PA      | $1421748.06   | 0.07%             | 2030-06-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Ohio Air Quality Development Authority                                           | OHIO ST AIR QUALITY DEV AUTH                                                                                                             | CUSIP: 677525WV5<br>LEI: 549300DZUU80AYOR6M80 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2032701.00   | 0.10%             | 2039-11-01      | Floating      | 4.25%                 | No            |                  2 | On Loan: No      |
| Manteca Unified School District                                                  | MANTECA CA UNIF SCH DIST SPL TAX                                                                                                         | CUSIP: 564547EK9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  11910000 | PA      | $9924000.35   | 0.50%             | 2031-09-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| City of Lakeland FL                                                              | LAKELAND FL HOSP SYS REVENUE                                                                                                             | CUSIP: 511665KQ3<br>LEI: XRPK4ZALF4437WO3JQ94 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2130572.00   | 0.11%             | 2044-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City & County of Denver CO Airport System Revenue                                | DENVER CITY & CNTY CO ARPT REVENUE                                                                                                       | CUSIP: 249182UV6<br>LEI: MMTY7HA2MSCBUO4F7J71 | Long             | DBT              | MUN               | US        |   3275000 | PA      | $3790098.22   | 0.19%             | 2034-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority                            | PENNSYLVANIA ST ECON DEV FING AUTH UPMC REVENUE                                                                                          | CUSIP: 70870JEM6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $9958809.00   | 0.50%             | 2047-11-15      | Floating      | 1.17%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH MUNI CTFS                                                                                                           | CUSIP: 63607WBR4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    998166 | PA      | $1065593.47   | 0.05%             | 2041-02-20      | Variable      | 4.79%                 | No            |                  2 | On Loan: No      |
| Kansas Development Finance Authority                                             | KANSAS ST DEV FIN AUTH REVENUE                                                                                                           | CUSIP: 48542RSK1<br>LEI: 549300WTL7BL8KBDPR87 | Long             | DBT              | MUN               | US        |   2405000 | PA      | $2341519.54   | 0.12%             | 2027-05-01      | Fixed         | 1.37%                 | No            |                  2 | On Loan: No      |
| Douglas County Housing Partnership                                               | DOUGLAS CNTY CO HSG PARTNERSHIP                                                                                                          | CUSIP: 25889FAB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2125000.00   | 0.11%             | 2041-01-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| County of Pasco FL                                                               | PASCO CNTY FL HOSP REVENUE                                                                                                               | CUSIP: 70252CAA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10944025.00  | 0.55%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LCH Ltd.                                                                         | Long: BS31F03   IRS USD R V 12MUSCPI IS31F14 CCPINFLATIONZERO / Short: BS31F03   IRS USD P F  2.48500 IS31F03 CCPINFLATIONZERO           | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |  56500000 | OU      | $-40042.68    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| New York Power Authority                                                         | NEW YORK ST PWR AUTH GREEN TRANSMISSION PROJ REVENUE                                                                                     | CUSIP: 65000XBU3<br>LEI: I5P1GEYFGGMMDOFX2L30 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2104993.60   | 0.11%             | 2053-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH MUNI CTFS                                                                                                           | CUSIP: 63607WAR5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2676396 | PA      | $95812.58     | 0.00%             | 2051-07-01      | Variable      | 0.49%                 | No            |                  2 | On Loan: No      |
| San Francisco City & County Airport Comm-San Francisco International Airport     | SAN FRANCISCO CA CITY &CNTY ARPTS COMMN INTL ARPT REV                                                                                    | CUSIP: 79766DXX2<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1123727.30   | 0.06%             | 2031-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                                   | BLACK BELT ENERGY GAS DIST AL GAS PROJECT REVENUE                                                                                        | CUSIP: 09182THJ9<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   1465000 | PA      | $1588366.33   | 0.08%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI REVENUE                                                                                                               | CUSIP: 74442PSF3<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   6750000 | PA      | $6433480.35   | 0.32%             | 2041-07-25      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Texas State University System                                                    | TEXAS ST UNIV SYS FING REVENUE                                                                                                           | CUSIP: 88278PJ88<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4350000 | PA      | $4001890.38   | 0.20%             | 2049-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Detroit Downtown Development Authority                                           | DETROIT MI DOWNTOWN DEV AUTH TAX INCREMENT REVENUE                                                                                       | CUSIP: 251135HU6<br>LEI: 549300WO3NSMP6FECO66 | Long             | DBT              | MUN               | US        |   1260000 | PA      | $1314727.47   | 0.07%             | 2048-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                           | CALIFORNIA ST MUNI FIN AUTH STUDENT HSG REVENUE                                                                                          | CUSIP: 13049YDR9<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1056127.30   | 0.05%             | 2035-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Detroit MI                                                               | DETROIT MI                                                                                                                               | CUSIP: 2510935R7<br>LEI: 549300BQRJP7MKKHOY28 | Long             | DBT              | MUN               | US        |    275000 | PA      | $257655.39    | 0.01%             | 2034-04-01      | Fixed         | 3.64%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH MUNI CTFS                                                                                                           | CUSIP: 63607WBK9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1035531.00   | 0.05%             | 2037-09-28      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| County of Miami-Dade FL Aviation Revenue                                         | MIAMI-DADE CNTY FL AVIATION REVENUE                                                                                                      | CUSIP: 59333P4D7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2516836.50   | 0.13%             | 2049-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | ILLINOIS FIN AUTH SURFACE FREIGHT TRANSFER FACS REVENUE                                                                                  | CUSIP: 45203PAE4<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1049797.30   | 0.05%             | 2043-12-01      | Floating      | 4.80%                 | No            |                  2 | On Loan: No      |
| Indianapolis Local Public Improvement Bond Bank                                  | INDIANAPOLIS IN LOCAL PUBLIC IMPT BOND BANK                                                                                              | CUSIP: 45528U6X4<br>LEI: 549300LX8ESJHDSESB87 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1570955.25   | 0.08%             | 2053-03-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Energy Southeast A Cooperative District                                          | ENERGY S E AL A COOPERATIVE DIST ENERGY SPLY REVENUE                                                                                     | CUSIP: 292723AZ6<br>LEI: 2549001SMMZ81MXBXZ89 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3068912.10   | 0.15%             | 2054-04-01      | Floating      | 4.66%                 | No            |                  2 | On Loan: No      |
| City of Houston TX Airport System Revenue                                        | HOUSTON TX ARPT SYS REVENUE                                                                                                              | CUSIP: 442349HY5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2345000 | PA      | $2578953.15   | 0.13%             | 2038-07-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Maricopa County Special Health Care District                                     | MARICOPA CNTY AZ SPL HLTH CARE DIST                                                                                                      | CUSIP: 56756TAR5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4217439.20   | 0.21%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                                       | MICHIGAN ST FIN AUTH REVENUE                                                                                                             | CUSIP: 59447THF3<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   3430000 | PA      | $3432307.02   | 0.17%             | 2044-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hope Cultural Education Facilities Finance Corp                              | NEW HOPE CULTURAL ED FACS FIN CORP TX RETIREMENT FAC REVENUE                                                                             | CUSIP: 64542UGC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1008454.20   | 0.05%             | 2052-07-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Colorado State University Research Foundation                                    | COLORADO ST UNIV STRATA CO STUDENT HSG REVENUE                                                                                           | CUSIP: 22945UAD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000377.10   | 0.05%             | 2055-03-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Plymouth Educational Center Charter School                                       | PLYMOUTH MI EDUCTNL CENTER CHRT SCH PUBLIC SCH ACADEMY REVEN                                                                             | CUSIP: 729693AM3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $800000.00    | 0.04%             | 2030-11-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| New Orleans Aviation Board                                                       | NEW ORLEANS LA AVIATION BRD                                                                                                              | CUSIP: 64763HMN2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1210000 | PA      | $1332399.12   | 0.07%             | 2041-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Development Authority of Monroe County/The                                       | MONROE CNTY GA DEV AUTH POLL CONTROL REVENUE                                                                                             | CUSIP: 610530FY8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3750000 | PA      | $3750494.25   | 0.19%             | 2048-10-01      | Floating      | 3.88%                 | No            |                  2 | On Loan: No      |
| Chicago O'Hare International Airport                                             | CHICAGO IL O'HARE INTERNATIONAL ARPT REVENUE                                                                                             | CUSIP: 1675936D9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1069884.30   | 0.05%             | 2045-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Oklahoma Development Finance Authority                                           | OKLAHOMA ST DEV FIN AUTH                                                                                                                 | CUSIP: 6789084E1<br>LEI: 549300PXGPHUWC32DJ91 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4766612.00   | 0.24%             | 2052-05-01      | Fixed         | 4.71%                 | No            |                  2 | On Loan: No      |
| CMFA Special Finance Agency                                                      | CMFA SPL FIN AGY CA ESSENTIAL HSG REVENUE                                                                                                | CUSIP: 12574WAJ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1548108.40   | 0.08%             | 2058-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                   | NEW JERSEY ST TRANSPRTN TRUST FUND AUTH                                                                                                  | CUSIP: 64613CEX2<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   8000000 | PA      | $8909553.60   | 0.45%             | 2042-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Private Colleges & Universities Authority                                        | PRIV CLGS & UNIVS AUTH GA                                                                                                                | CUSIP: 74265L2Y3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  11000000 | PA      | $12874233.90  | 0.64%             | 2033-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Energy Southeast A Cooperative District                                          | ENERGY S E AL A COOPERATIVE DIST ENERGY SPLY REVENUE                                                                                     | CUSIP: 292723BN2<br>LEI: 2549001SMMZ81MXBXZ89 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2208330.80   | 0.11%             | 2054-07-01      | Floating      | 5.25%                 | No            |                  2 | On Loan: No      |
| Alameda Corridor Transportation Authority                                        | ALAMEDA CA CORRIDOR TRANSPRTN AUTH REVENUE                                                                                               | CUSIP: 010869AS4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1730054.60   | 0.09%             | 2031-10-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Washington State Housing Finance Commission                                      | Washington State Housing Finance Commission                                                                                              | CUSIP: 93978T4N6<br>LEI: 549300YL1HU59NREG764 | Long             | ABS-MBS          | CORP              | US        |   4887949 | PA      | $467884.75    | 0.02%             | 2037-04-20      | Variable      | 1.45%                 | No            |                  2 | On Loan: No      |
| North Texas Tollway Authority                                                    | N TX TOLLWAY AUTH REVENUE                                                                                                                | CUSIP: 66285WCB0<br>LEI: PQGZGRE0F2WPMYQQ1B78 | Long             | DBT              | MUN               | US        |   7200000 | PA      | $5309544.24   | 0.27%             | 2036-01-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Turnpike Authority                                                    | NEW JERSEY ST TURNPIKE AUTH TURNPIKE REVENUE                                                                                             | CUSIP: 646140JF1<br>LEI: 5493005YN67D71KSMI84 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1073808.10   | 0.05%             | 2055-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI REVENUE                                                                                                               | CUSIP: 74442PTL9<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $3598711.50   | 0.18%             | 2056-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | INDIANA ST FIN AUTH EXEMPT FAC REVENUE                                                                                                   | CUSIP: 45470DAA5<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   3470000 | PA      | $173500.00    | 0.01%             | 2039-03-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Iowa Tobacco Settlement Authority                                                | TOBACCO SETTLEMENT AUTH IA TOBACCO SETTLEMENT REVENUE                                                                                    | CUSIP: 888805CJ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3990000 | PA      | $589976.56    | 0.03%             | 2065-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Greater Orlando Aviation Authority                                               | GTR ORLANDO AVIATION AUTH FL SPL PURPOSE ARPT FACS REVENUE                                                                               | CUSIP: 39227AAC6<br>LEI: 549300CP6PUG5S184F61 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1100279.40   | 0.06%             | 2036-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Pittsburgh Water & Sewer Authority                                               | PITTSBURGH PA WTR & SWR AUTH                                                                                                             | CUSIP: 725304XD6<br>LEI: 54930034DVH6W22T1E86 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $9945512.00   | 0.50%             | 2040-09-01      | Floating      | 4.35%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                                   | BLACK BELT ENERGY GAS DIST AL GAS PROJECT REVENUE                                                                                        | CUSIP: 09182TGC5<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   1725000 | PA      | $1902588.92   | 0.10%             | 2055-12-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Housing Development Corp                                           | NEW YORK CITY NY HSG DEV CORP MF MTGE REVENUE                                                                                            | CUSIP: 64966TGX6<br>LEI: 549300SQWVHKBRF8D702 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1040541.60   | 0.05%             | 2031-12-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Guam Government Waterworks Authority                                             | GUAM GOVT WTRWKS AUTH WTR & WSTWTR SYS REVENUE                                                                                           | CUSIP: 40065FFJ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1038064.70   | 0.05%             | 2050-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority                            | PENNSYLVANIA ST ECON DEV FING AUTH REVENUE                                                                                               | CUSIP: 70869PHX8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1002363.50   | 0.05%             | 2042-06-30      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Capital Projects Finance Authority/FL                                            | CAPITAL PROJS FL FIN AUTH STUDENT HSG REVENUE                                                                                            | CUSIP: 140427CN3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1005747.20   | 0.05%             | 2044-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Industrial Development Authority of the County of Pima/The                       | PIMA CNTY AZ INDL DEV AUTH EDU REVENUE                                                                                                   | CUSIP: 72177MTM9<br>LEI: 549300QDTQ25545R4K19 | Long             | DBT              | MUN               | US        |   1355000 | PA      | $1084000.00   | 0.05%             | 2040-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago O'Hare International Airport                                             | CHICAGO IL O'HARE INTERNATIONAL ARPT REVENUE                                                                                             | CUSIP: 1675934S8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4865000 | PA      | $5112639.69   | 0.26%             | 2053-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| California Community Housing Agency                                              | CALIFORNIA CMNTY HSG AGY ESSENTIAL HSG REVENUE                                                                                           | CUSIP: 13013FAV6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    990000 | PA      | $867353.36    | 0.04%             | 2046-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Village Community Development District No 15                                     | VILLAGE CDD NO 15 SPL ASSMNT REVENUE                                                                                                     | CUSIP: 92708KAE7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    245000 | PA      | $246694.96    | 0.01%             | 2054-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Oklahoma Turnpike Authority                                                      | OKLAHOMA ST TURNPIKE AUTH                                                                                                                | CUSIP: 679111E91<br>LEI: 549300J83EP2PBDYH615 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1085727.80   | 0.05%             | 2054-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority                            | PENNSYLVANIA ST ECON DEV FING AUTH SOLID WASTE DISPOSAL REV                                                                              | CUSIP: 708692CD8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1077341.30   | 0.05%             | 2047-09-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Tarrant County Cultural Education Facilities Finance Corp                        | TARRANT CNTY TX CULTURAL EDU FACS FIN CORP REVENUE                                                                                       | CUSIP: 87638TJR5<br>LEI: 549300ROY505NVTMMI25 | Long             | DBT              | MUN               | US        |   1205000 | PA      | $1305443.26   | 0.07%             | 2052-11-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                  | CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE                                                                              | CUSIP: 13013JFX9<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1071299.40   | 0.05%             | 2056-01-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Industrial Development Authority of the City of Phoenix Arizona/The              | PHOENIX AZ INDL DEV AUTH LEASE REVENUE                                                                                                   | CUSIP: 71885MAP7<br>LEI: 549300A62PWFBDWB8332 | Long             | DBT              | MUN               | US        |   1235000 | PA      | $1235080.52   | 0.06%             | 2029-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                              | WISCONSIN ST HLTH & EDUCTNL FACS AUTH REVENUE                                                                                            | CUSIP: 97712D4N3<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |    335000 | PA      | $342756.09    | 0.02%             | 2036-12-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Washington Airports Authority Aviation Revenue                      | MET WASHINGTON DC ARPTS AUTH ARPT SYS REVENUE                                                                                            | CUSIP: 592647NT4<br>LEI: 7HERAVJJLN8J1DZ6AZ19 | Long             | DBT              | MUN               | US        |   3475000 | PA      | $4025489.00   | 0.20%             | 2036-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                             | TRIBOROUGH NY BRIDGE & TUNNEL AUTH REVENUES                                                                                              | CUSIP: 89602RFZ3<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2085414.00   | 0.10%             | 2049-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                         | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE                                                                                           | CUSIP: 650116HM1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $511199.60    | 0.03%             | 2054-06-30      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Washington State Housing Finance Commission                                      | WASHINGTON ST HSG FIN COMMISSION                                                                                                         | CUSIP: 93978T4M8<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |    976549 | PA      | $944111.05    | 0.05%             | 2037-04-20      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Port of Seattle WA                                                               | PORT OF SEATTLE WA REVENUE                                                                                                               | CUSIP: 7353893Q9<br>LEI: 549300T9UCDUJ3GZL429 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2300370.80   | 0.12%             | 2033-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of California                                                              | CALIFORNIA ST                                                                                                                            | CUSIP: 13063D3R7<br>LEI: 9845007J7054602FF597 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1116973.90   | 0.06%             | 2033-03-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                       | CHICAGO IL BRD OF EDU                                                                                                                    | CUSIP: 167505TG1<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   2350000 | PA      | $2365366.18   | 0.12%             | 2034-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tennessee Energy Acquisition Corp                                                | TENNESSEE ST ENERGY ACQUISITION CORP GAS REVENUE                                                                                         | CUSIP: 880443JM9<br>LEI: 549300OJ2Z8PGEY46K92 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2197743.60   | 0.11%             | 2035-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Bank of America NA                                                               | Long: IS36QK5   IRS USD R F   .00000 IS36QK5/MMD 2.48 20260918 BOA / Short: IS36QK5   IRS USD P F   .00000 IS36QL6/MUNIRATELOCK/5Y/T3750 | CUSIP: 000000000<br>LEI: B4TYDEB6GKMZO031MB27 | N/A              | DIR              |  | US        |   3000000 | OU      | $14376.54     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp Sales Tax Revenue                           | PUERTO RICO SALES TAX FING CORP SALES TAX REVENUE                                                                                        | CUSIP: 74529JRH0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1339000 | PA      | $1341327.45   | 0.07%             | 2040-07-01      | Fixed         | 4.33%                 | No            |                  2 | On Loan: No      |
| Illinois State Toll Highway Authority                                            | ILLINOIS ST TOLL HIGHWAY AUTH                                                                                                            | CUSIP: 452252PW3<br>LEI: 549300ISBFGI8MJJKM98 | Long             | DBT              | MUN               | US        |  15000000 | PA      | $16164840.00  | 0.81%             | 2043-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                  | CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE                                                                              | CUSIP: 13013JEB8<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2163721.20   | 0.11%             | 2055-08-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Dallas Fort Worth International Airport                                          | DALLAS-FORT WORTH TX INTERNATIONAL ARPT REVENUE                                                                                          | CUSIP: 23503CFZ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1143237.30   | 0.06%             | 2038-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Gulfport MS                                                              | GULFPORT MS HOSP FAC REVENUE                                                                                                             | CUSIP: 402682DD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1125000 | PA      | $1212307.76   | 0.06%             | 2043-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| JPMorgan Securities LLC                                                          | Long: IS32VZ3   IRS USD R F   .00000 IS32VZ3/MMD 3.46 03132025 / Short: IS32VZ3   IRS USD P F   .00000 IS32W05/MUNIRATELOCK/10Y/T3750    | CUSIP: 000000000<br>LEI: ZBUT11V806EZRVTWT807 | N/A              | DIR              |  | US        |   3000000 | OU      | $272954.94    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                         | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE                                                                                           | CUSIP: 650116CX2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5345000 | PA      | $5486229.87   | 0.27%             | 2030-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Lees Summit Industrial Development Authority                                     | LEES SUMMIT MO INDL DEV AUTH SENIOR LIVING FACS REVENUE                                                                                  | CUSIP: 524292BH1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2650000 | PA      | $2381845.18   | 0.12%             | 2056-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Utah Housing Corp                                                                | UTAH ST HSG CORP MF REVENUE                                                                                                              | CUSIP: 917434CS9<br>LEI: 549300YXWQEI0S47WI02 | Long             | DBT              | MUN               | US        |    820311 | PA      | $742905.80    | 0.04%             | 2040-01-01      | Floating      | 4.58%                 | No            |                  2 | On Loan: No      |
| Grays Harbor County Public Hospital District No 2                                | GRAYS HARBOR CNTY WA PUBLIC HOSP DIST #2                                                                                                 | CUSIP: 389610AE6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5650000 | PA      | $5330099.83   | 0.27%             | 2048-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southern California Public Power Authority                                       | STHRN CALIFORNIA ST PUBLIC PWR AUTH STHRN TRANSMISSION SYSTE                                                                             | CUSIP: 842469CB2<br>LEI: 5493003B5TD5FWUKMD34 | Long             | DBT              | MUN               | US        |    450000 | PA      | $506660.67    | 0.03%             | 2040-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Harris County Cultural Education Facilities Finance Corp                         | HARRIS CNTY TX CULTURAL EDU FACS FIN CORP REVENUE                                                                                        | CUSIP: 414009UA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5050000 | PA      | $5539258.65   | 0.28%             | 2029-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port of Seattle WA                                                               | PORT OF SEATTLE WA REVENUE                                                                                                               | CUSIP: 735389V96<br>LEI: 549300T9UCDUJ3GZL429 | Long             | DBT              | MUN               | US        |  11195000 | PA      | $11526536.57  | 0.58%             | 2047-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Washington Airports Authority Aviation Revenue                      | MET WASHINGTON DC ARPTS AUTH ARPT SYS REVENUE                                                                                            | CUSIP: 592647MR9<br>LEI: 7HERAVJJLN8J1DZ6AZ19 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2306276.20   | 0.12%             | 2033-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                  | CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE                                                                              | CUSIP: 13013JHL3<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1999942.60   | 0.10%             | 2056-04-01      | Floating      | 3.91%                 | No            |                  2 | On Loan: No      |
| Mississippi Business Finance Corp                                                | MISSISSIPPI ST BUSINESS FIN CORP SOL WST DISP REVENUE                                                                                    | CUSIP: 60527MBB4<br>LEI: 549300DYV074JUDKBQ77 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $62500.00     | 0.00%             | 2029-12-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI REVENUE                                                                                                               | CUSIP: 74442PG58<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $936360.60    | 0.05%             | 2038-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Irving Hospital Authority                                                        | IRVING TX HOSP AUTH                                                                                                                      | CUSIP: 463794KH9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1785000 | PA      | $1787930.43   | 0.09%             | 2044-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Centerra Metropolitan District No 1                                              | CENTERRA CO MET DIST #1 SPL REVENUE                                                                                                      | CUSIP: 15200XAL7<br>LEI: 549300SHE5ZPSMGZH793 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1049510.40   | 0.05%             | 2053-12-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Cobb County School District                                                      | COBB CNTY GA SCH DIST                                                                                                                    | CUSIP: 190819JY9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1850000 | PA      | $1875491.89   | 0.09%             | 2026-12-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                         | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE                                                                                           | CUSIP: 650116AR7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3930000 | PA      | $3931533.88   | 0.20%             | 2046-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI MF AFFORDABLE HSG                                                                                                     | CUSIP: 74448FAC5<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1532568 | PA      | $1564112.23   | 0.08%             | 2039-09-25      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| Columbia Housing Authority/SC                                                    | COLUMBIA SC HSG AUTH MF HSG REVENUE                                                                                                      | CUSIP: 198409AF1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1240000 | PA      | $1247754.46   | 0.06%             | 2039-11-01      | Fixed         | 5.41%                 | No            |                  2 | On Loan: No      |
| Dallas Fort Worth International Airport                                          | DALLAS-FORT WORTH TX INTERNATIONAL ARPT REVENUE                                                                                          | CUSIP: 23503CFU6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1151961.20   | 0.06%             | 2033-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Broward FL Airport System Revenue                                      | BROWARD CNTY FL ARPT SYS REVENUE                                                                                                         | CUSIP: 114894ZM3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5500000 | PA      | $5456845.90   | 0.27%             | 2026-10-01      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| County of Palm Beach FL                                                          | PALM BEACH CNTY FL REVENUE                                                                                                               | CUSIP: 696547HQ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1022565.70   | 0.05%             | 2044-06-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                  | CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE                                                                              | CUSIP: 13013JHH2<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   1755000 | PA      | $1942162.33   | 0.10%             | 2033-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                       | LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE                                                                                                | CUSIP: 544445YH6<br>LEI: 549300E7TO710PTXPJ65 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $758552.60    | 0.04%             | 2049-05-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Morongo Band of Mission Indians/The                                              | MORONGO BAND OF MISSION INDIANS CA REVENUE                                                                                               | CUSIP: 61773RAA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4500000 | PA      | $4591436.40   | 0.23%             | 2042-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lamar Consolidated Independent School District                                   | LAMAR TX CONSOL INDEP SCH DIST                                                                                                           | CUSIP: 513174J29<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  19050000 | PA      | $20334646.28  | 1.02%             | 2058-02-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| City of Houston TX Airport System Revenue                                        | HOUSTON TX ARPT SYS REVENUE                                                                                                              | CUSIP: 4423487H5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    415000 | PA      | $415732.02    | 0.02%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tarrant County Cultural Education Facilities Finance Corp                        | TARRANT CNTY TX CULTURAL EDU FACS FIN CORP RETMNT FAC REVENU                                                                             | CUSIP: 87638REN3<br>LEI: 549300ROY505NVTMMI25 | Long             | DBT              | MUN               | US        |   3096788 | PA      | $0.03         | 0.00%             | 2045-11-15      | Fixed         | 5.00%                 | No            |                  3 | On Loan: No      |
| Tobacco Securitization Authority of Northern California                          | TOBACCO SECURITIZATION AUTH NTHRN CA TOBACCO SETTLEMENT REVE                                                                             | CUSIP: 888794CA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1400000 | PA      | $226194.22    | 0.01%             | 2060-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Kansas City Industrial Development Authority                                     | KANSAS CITY MO INDL DEV AUTH SENIOR LIVING FACS REVENUE                                                                                  | CUSIP: 48504LAD5<br>LEI: 549300QWDXL46XQC8110 | Long             | DBT              | MUN               | US        |    850465 | PA      | $8.50         | 0.00%             | 2046-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago Transit Authority Sales Tax Receipts Fund                                | CHICAGO IL TRANSIT AUTH SALES TAX RECPTS REVENUE                                                                                         | CUSIP: 16772PEP7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2062394.60   | 0.10%             | 2049-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue          | NEW YORK CITY NY TRANSITIONAL FIN AUTH REV                                                                                               | CUSIP: 64972JJV1<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |   5900000 | PA      | $6769767.97   | 0.34%             | 2038-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                                                           | Long: IS3AKQ1   IRS USD R F   .00000 IS3AKQ1/MMD 2.54 20270301 / Short: IS3AKQ1   IRS USD P F   .00000 IS3AKR2/MUNIRATELOCK/5Y/T3750     | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DIR              |  | US        |   5000000 | OU      | $7236.60      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                         | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE                                                                                           | CUSIP: 650116HW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2049882.60   | 0.10%             | 2060-12-31      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| New York Liberty Development Corp                                                | NEW YORK ST LIBERTY DEV CORP LIBERTY REVENUE                                                                                             | CUSIP: 649519DC6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $300491.73    | 0.02%             | 2040-11-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Multnomah County School District No 40                                           | MULTNOMAH CNTY OR SCH DIST #40                                                                                                           | CUSIP: 625693JF4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $448950.10    | 0.02%             | 2043-06-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| County of Miami-Dade FL Aviation Revenue                                         | MIAMI-DADE CNTY FL AVIATION REVENUE                                                                                                      | CUSIP: 593340AB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1995000 | PA      | $2100711.06   | 0.11%             | 2055-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI SPL REVENUE                                                                                                           | CUSIP: 74447TAD4<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    680000 | PA      | $485012.58    | 0.02%             | 2031-02-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| City of Chicago IL                                                               | CHICAGO IL                                                                                                                               | CUSIP: 167486U72<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2104412.20   | 0.11%             | 2050-01-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| San Francisco City & County Airport Comm-San Francisco International Airport     | SAN FRANCISCO CA CITY &CNTY ARPTS COMMN INTL ARPT REV                                                                                    | CUSIP: 79766DVJ5<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1103795.80   | 0.06%             | 2030-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Build NYC Resource Corp                                                          | BUILD NYC RESOURCE CORP NY REVENUE                                                                                                       | CUSIP: 12008EWY8<br>LEI: 549300GROJFKMNLWEK84 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $977573.30    | 0.05%             | 2055-10-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Chambersburg Area Municipal Authority                                            | CHAMBERSBURG PA AREA MUNI AUTH EDU FAC REVENUE                                                                                           | CUSIP: 157881AC7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2350000 | PA      | $2350246.52   | 0.12%             | 2038-10-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI REVENUE                                                                                                               | CUSIP: 74442PH32<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1015100.40   | 0.05%             | 2054-12-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| AES GUAYAMA HOLDINGS PFD                                                         | AES GUAYAMA HOLDINGS PFD                                                                                                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     53964 | NS      | $157035.24    | 0.01%             |  |  |  | No            |                  3 | On Loan: No      |
| Washington Health Care Facilities Authority                                      | WASHINGTON ST HLTH CARE FACS AUTH                                                                                                        | CUSIP: 93978HXY6<br>LEI: 549300ZVPWQIL3N5TL85 | Long             | DBT              | MUN               | US        |    265000 | PA      | $293983.02    | 0.01%             | 2031-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington Metropolitan Area Transit Authority Dedicated Revenue                 | WASHINGTON DC MET AREA TRANSIT AUTH DEDICATED REVENUE                                                                                    | CUSIP: 93878YED7<br>LEI: 549300ADKOK76HQMJS30 | Long             | DBT              | MUN               | US        |   1140000 | PA      | $1226608.19   | 0.06%             | 2060-07-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI REVENUE                                                                                                               | CUSIP: 74442PF75<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2089905.00   | 0.10%             | 2054-07-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Port of Seattle WA                                                               | PORT OF SEATTLE WA REVENUE                                                                                                               | CUSIP: 7353893R7<br>LEI: 549300T9UCDUJ3GZL429 | Long             | DBT              | MUN               | US        |   4850000 | PA      | $5630549.30   | 0.28%             | 2034-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                             | TRIBOROUGH NY BRIDGE & TUNNEL AUTH PAYROLL MOBILITY TAX                                                                                  | CUSIP: 89602HEW3<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4001350.00   | 0.20%             | 2026-04-01      | Floating      | 3.51%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                         | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE                                                                                           | CUSIP: 650116HX7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9350000 | PA      | $6301516.65   | 0.32%             | 2054-12-31      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp                                                 | FLORIDA ST DEV FIN CORP SOL WST DISP REVENUE                                                                                             | CUSIP: 34061XAG7<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1015146.70   | 0.05%             | 2054-10-01      | Floating      | 4.38%                 | No            |                  2 | On Loan: No      |
| California School Finance Authority                                              | CALIFORNIA ST SCH FIN AUTH CHRT SCH REVENUE                                                                                              | CUSIP: 13058TGZ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3090000 | PA      | $3090926.07   | 0.15%             | 2041-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs-Economic Development Authority                               | SOUTH CAROLINA ST JOBS-ECON DEV AUTH HOSP FACS REVENUE                                                                                   | CUSIP: 83703EMX0<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1118135.00   | 0.06%             | 2043-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New Jersey Turnpike Authority                                                    | NEW JERSEY ST TURNPIKE AUTH TURNPIKE REVENUE                                                                                             | CUSIP: 646140GR8<br>LEI: 5493005YN67D71KSMI84 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1123611.40   | 0.06%             | 2033-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Statewide Communities Development Authority                           | CALIFORNIA STWD CMNTYS DEV AUTH REVENUE                                                                                                  | CUSIP: 13080SVN1<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   1090000 | PA      | $1109596.57   | 0.06%             | 2058-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI REVENUE                                                                                                               | CUSIP: 74442PF42<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $594912.60    | 0.03%             | 2034-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Multifamily                                                          | Freddie Mac Multifamily ML Certificates                                                                                                  | CUSIP: 35833JAJ6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    938587 | PA      | $797582.38    | 0.04%             | 2038-06-25      | Fixed         | 2.05%                 | No            |                  2 | On Loan: No      |
| Ohio State University/The                                                        | OHIO ST UNIV                                                                                                                             | CUSIP: 677632Q95<br>LEI: JFC10ZULKO4X2E3HBY86 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1080022.60   | 0.05%             | 2046-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                       | LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE                                                                                                | CUSIP: 5444452Z1<br>LEI: 549300E7TO710PTXPJ65 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1104919.40   | 0.06%             | 2044-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Arizona Industrial Development Authority                                         | ARIZONA ST INDL DEV AUTH MF HSG REVENUE                                                                                                  | CUSIP: 04062PCU3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    430000 | PA      | $430208.77    | 0.02%             | 2043-01-01      | Fixed         | 5.68%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH SPL REVENUE                                                                                                         | CUSIP: 63608TAK6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    956000 | PA      | $957680.84    | 0.05%             | 2031-12-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| California Housing Finance Agency                                                | CALIFORNIA HSG FIN AGY MUNI CTFS                                                                                                         | CUSIP: 13033DAJ4<br>LEI: 549300BOPCVLBA552Z14 | Long             | DBT              | MUN               | US        |    931596 | PA      | $928922.93    | 0.05%             | 2036-08-20      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| City of Houston TX Airport System Revenue                                        | HOUSTON TX ARPT SYS REVENUE                                                                                                              | CUSIP: 4423487V4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1348659.39   | 0.07%             | 2028-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Municipal Electric Authority of Georgia                                          | MUNI ELEC AUTH OF GEORGIA                                                                                                                | CUSIP: 6262072N3<br>LEI: JA0WNILDDF2KUPS83B16 | Long             | DBT              | MUN               | US        |    150000 | PA      | $155255.03    | 0.01%             | 2037-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | INDIANA ST FIN AUTH HLTH FAC REVENUE                                                                                                     | CUSIP: 45471CCS5<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   1910000 | PA      | $1912682.60   | 0.10%             | 2046-11-01      | Floating      | 3.28%                 | No            |                  2 | On Loan: No      |
| Intermountain Power Agency                                                       | INTERMOUNTAIN PWR AGY UT PWR SPLY REVENUE                                                                                                | CUSIP: 45884AC27<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5045000 | PA      | $5315385.26   | 0.27%             | 2045-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI EDUCTNL FAC REVENUE                                                                                                   | CUSIP: 74443DHG9<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2093571.40   | 0.10%             | 2042-03-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| San Diego County Regional Airport Authority                                      | SAN DIEGO CNTY CA REGL ARPT AUTH AIRPORT REVENUE                                                                                         | CUSIP: 79739GTE6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1075399.70   | 0.05%             | 2055-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| North Broward Hospital District                                                  | NORTH BROWARD FL HOSP DIST                                                                                                               | CUSIP: 657883DJ0<br>LEI: 549300HZL14T4Q7UDP41 | Long             | DBT              | MUN               | US        |   5230000 | PA      | $5444932.08   | 0.27%             | 2035-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Geisinger Authority                                                              | GEISINGER PA AUTH HLTH SYS REVENUE                                                                                                       | CUSIP: 368497JT1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3820000 | PA      | $3828021.62   | 0.19%             | 2039-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Illinois Housing Development Authority                                           | ILLINOIS ST HSG DEV AUTH MF HSG REVENUE                                                                                                  | CUSIP: 45203LES8<br>LEI: 54930053Z6M9JVHBQZ16 | Long             | DBT              | MUN               | US        |   1430000 | PA      | $1450196.46   | 0.07%             | 2038-11-01      | Fixed         | 5.67%                 | No            |                  2 | On Loan: No      |
| Orange County Health Facilities Authority                                        | ORANGE CNTY FL HLTH FACS AUTH REVENUE                                                                                                    | CUSIP: 68450LJN6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2060000 | PA      | $2184314.82   | 0.11%             | 2046-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City & County of Denver CO Airport System Revenue                                | DENVER CITY & CNTY CO ARPT REVENUE                                                                                                       | CUSIP: 249182QJ8<br>LEI: MMTY7HA2MSCBUO4F7J71 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1133768.90   | 0.06%             | 2033-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arlington Higher Education Finance Corp                                          | ARLINGTON TX HGR EDU FIN CORP EDU REVENUE                                                                                                | CUSIP: 041806GP9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1410000 | PA      | $1412166.18   | 0.07%             | 2033-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Tampa FL                                                                 | TAMPA FL CAPITAL IMPT CIGARETTE TAX ALLOCATION                                                                                           | CUSIP: 875146AW2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $625484.60    | 0.03%             | 2038-09-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Indianapolis Local Public Improvement Bond Bank                                  | INDIANAPOLIS IN LOCAL PUBLIC IMPT BOND BANK                                                                                              | CUSIP: 45528U7L9<br>LEI: 549300LX8ESJHDSESB87 | Long             | DBT              | MUN               | US        |   1225000 | PA      | $1354571.68   | 0.07%             | 2067-03-01      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| Southern California Public Power Authority                                       | STHRN CALIFORNIA ST PUBLIC PWR AUTH STHRN TRANSMISSION SYSTE                                                                             | CUSIP: 842469BK3<br>LEI: 5493003B5TD5FWUKMD34 | Long             | DBT              | MUN               | US        |   4460000 | PA      | $4708504.96   | 0.24%             | 2053-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Detroit MI                                                               | DETROIT MI                                                                                                                               | CUSIP: 251093S84<br>LEI: 549300BQRJP7MKKHOY28 | Long             | DBT              | MUN               | US        |   1977998 | PA      | $1612522.72   | 0.08%             | 2044-04-01      | Floating      | 4.00%                 | No            |                  2 | On Loan: No      |
| Louisiana Public Facilities Authority                                            | LOUISIANA PUB FACS AUTH REVENUE                                                                                                          | CUSIP: 546399SZ0<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |   2440000 | PA      | $2538917.84   | 0.13%             | 2064-09-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| County of Cuyahoga OH                                                            | CUYAHOGA CNTY OH HOSP REVENUE                                                                                                            | CUSIP: 2322655Q7<br>LEI: 549300GHDK9DGLUNJU89 | Long             | DBT              | MUN               | US        |   8000000 | PA      | $8026781.60   | 0.40%             | 2042-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| St Johns County Industrial Development Authority                                 | SAINT JOHNS CNTY FL INDL DEV AUTH REVENUE                                                                                                | CUSIP: 790417AR0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $833715.20    | 0.04%             | 2055-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| American Samoa Economic Development Authority                                    | AMERICAN SAMOA AS ECON DEV AUTH GEN REVENUE                                                                                              | CUSIP: 02936TAG6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1490000 | PA      | $1593734.40   | 0.08%             | 2038-09-01      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                           | CALIFORNIA ST MUNI FIN AUTH MUNI CTFS                                                                                                    | CUSIP: 13050WAG6<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2022335.20   | 0.10%             | 2041-07-20      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Building Aid Revenue                | NEW YORK CITY NY TRANSITIONAL FIN AUTH BLDG AID REVENUE                                                                                  | CUSIP: 64972HR95<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5800000 | PA      | $6125971.02   | 0.31%             | 2036-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Turnpike Authority                                                    | NEW JERSEY ST TURNPIKE AUTH TURNPIKE REVENUE                                                                                             | CUSIP: 646140JX2<br>LEI: 5493005YN67D71KSMI84 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1126058.30   | 0.06%             | 2031-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southern California Public Power Authority                                       | STHRN CALIFORNIA ST PUBLIC PWR AUTH STHRN TRANSMISSION SYSTE                                                                             | CUSIP: 842469CM8<br>LEI: 5493003B5TD5FWUKMD34 | Long             | DBT              | MUN               | US        |   1795000 | PA      | $1872764.25   | 0.09%             | 2053-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Pier & Exposition Authority                                         | MET PIER & EXPOSITION AUTH IL REVENUE                                                                                                    | CUSIP: 592250DM3<br>LEI: 254900I3VDCQ58UGBR15 | Long             | DBT              | MUN               | US        |   4310000 | PA      | $4323390.74   | 0.22%             | 2050-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southern California Public Power Authority                                       | STHRN CALIFORNIA ST PUBLIC PWR AUTH STHRN TRANSMISSION SYSTE                                                                             | CUSIP: 842469CD8<br>LEI: 5493003B5TD5FWUKMD34 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1112718.90   | 0.06%             | 2042-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southeast Energy Authority A Cooperative District                                | SOUTHEAST ENERGY AUTH AL COMMODITY SPLY REVENUE                                                                                          | CUSIP: 84136FBM8<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2089553.60   | 0.10%             | 2053-01-01      | Floating      | 4.88%                 | No            |                  2 | On Loan: No      |
| Port of Seattle WA                                                               | PORT OF SEATTLE WA REVENUE                                                                                                               | CUSIP: 735389Q92<br>LEI: 549300T9UCDUJ3GZL429 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2017330.00   | 0.10%             | 2041-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI TOLL REVENUE                                                                                                          | CUSIP: 74448UAC2<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   3400000 | PA      | $3780289.66   | 0.19%             | 2065-12-31      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| City of Houston TX Airport System Revenue                                        | HOUSTON TX ARPT SYS REVENUE                                                                                                              | CUSIP: 442349JH0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1159288.60   | 0.06%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Community Housing Agency                                              | CALIFORNIA CMNTY HSG AGY ESSENTIAL HSG REVENUE                                                                                           | CUSIP: 13013FAU8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $698559.70    | 0.03%             | 2056-08-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                       | CHICAGO IL BRD OF EDU                                                                                                                    | CUSIP: 167505SX5<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   1800000 | PA      | $1824293.16   | 0.09%             | 2031-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Iowa Finance Authority                                                           | IOWA ST FIN AUTH REVENUE                                                                                                                 | CUSIP: 46247SBU7<br>LEI: 549300NQVL49BTHOW391 | Long             | DBT              | MUN               | US        |    985000 | PA      | $757426.59    | 0.04%             | 2051-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily VRD Certificates                                               | FEDERAL HOME LOAN MTGE CORP MF VARIABLE RATE CTFS                                                                                        | CUSIP: 31350ACQ9<br>LEI: N/A                  | Long             | DBT              | USGSE             | US        |   5105000 | PA      | $4606450.29   | 0.23%             | 2036-06-15      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| Port of Seattle WA                                                               | PORT OF SEATTLE WA REVENUE                                                                                                               | CUSIP: 735389W38<br>LEI: 549300T9UCDUJ3GZL429 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1062962.10   | 0.05%             | 2047-08-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Clark County School District                                                     | CLARK CNTY NV SCH DIST                                                                                                                   | CUSIP: 181059K39<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6725000 | PA      | $6556698.81   | 0.33%             | 2036-06-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                                   | BLACK BELT ENERGY GAS DIST AL GAS PROJECT REVENUE                                                                                        | CUSIP: 09182THB6<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   1810000 | PA      | $1998654.31   | 0.10%             | 2034-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Citibank NA                                                                      | Long: IS1WUB4   IRS USD R V 01MMUNIP IS1WUC5 VANILLA / Short: IS1WUB4   IRS USD P F  1.12500 IS1WUB4 VANILLA                             | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DIR              |  | US        |  22105000 | OU      | $898859.88    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| City of Henderson KY                                                             | HENDERSON KY EXEMPT FACS REVENUE                                                                                                         | CUSIP: 425099AC2<br>LEI: 549300UJ32J1O26W1T80 | Long             | DBT              | MUN               | US        |    725000 | PA      | $734064.24    | 0.04%             | 2032-01-01      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI HLTHCARE FACS REVENUE                                                                                                 | CUSIP: 74444KBE3<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    500000 | PA      | $527067.10    | 0.03%             | 2037-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI HOTEL REVENUE                                                                                                         | CUSIP: 74447DAC1<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1150000 | PA      | $1149819.22   | 0.06%             | 2052-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Danbury CT                                                               | DANBURY CT                                                                                                                               | CUSIP: 235866HU7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4069522.00   | 0.20%             | 2027-02-22      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Multifamily                                                          | Freddie Mac Multifamily ML Certificates                                                                                                  | CUSIP: 3137H9JQ3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2550460 | PA      | $173339.46    | 0.01%             | 2036-09-25      | Variable      | 0.98%                 | No            |                  2 | On Loan: No      |
| County of Harris TX Toll Road Revenue                                            | HARRIS CNTY TX TOLL ROAD REVENUE                                                                                                         | CUSIP: 41423PCB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1175000 | PA      | $1105882.74   | 0.06%             | 2050-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                              | WISCONSIN ST HLTH & EDUCTNL FACS AUTH REVENUE                                                                                            | CUSIP: 97712D4Q6<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |    335000 | PA      | $340104.90    | 0.02%             | 2038-12-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Tarrant County Cultural Education Facilities Finance Corp                        | TARRANT CNTY TX CULTURAL EDU FACS FIN CORP RETMNT FAC REVENU                                                                             | CUSIP: 87638RKM8<br>LEI: 549300ROY505NVTMMI25 | Long             | DBT              | MUN               | US        |   1528499 | PA      | $1339196.23   | 0.07%             | 2054-12-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                                       | MICHIGAN ST FIN AUTH REVENUE                                                                                                             | CUSIP: 59447UAW0<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   1515000 | PA      | $1680928.10   | 0.08%             | 2042-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Sacramento County Water Financing Authority                                      | SACRAMENTO CNTY CA WTR FING AUTH REVENUE                                                                                                 | CUSIP: 78615RCV3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8075000 | PA      | $7801026.56   | 0.39%             | 2039-06-01      | Floating      | 3.29%                 | No            |                  2 | On Loan: No      |
| South Carolina Public Service Authority                                          | SOUTH CAROLINA ST PUBLIC SVC AUTH REVENUE                                                                                                | CUSIP: 837151ZZ5<br>LEI: EMBXY64GWKA9MZGFUD26 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4509682.50   | 0.23%             | 2052-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| E-470 Public Highway Authority                                                   | E-470 CO PUBLIC HIGHWAY AUTH                                                                                                             | CUSIP: 26822LMX9<br>LEI: 549300164ZV2301BC703 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1997266.80   | 0.10%             | 2039-09-01      | Floating      | 3.21%                 | No            |                  2 | On Loan: No      |
| City & County of Denver CO Airport System Revenue                                | DENVER CITY & CNTY CO ARPT REVENUE                                                                                                       | CUSIP: 249182TC0<br>LEI: MMTY7HA2MSCBUO4F7J71 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1182346.20   | 0.06%             | 2034-11-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Union County Utilities Authority                                                 | UNION CNTY NJ UTILITIES AUTH RESOURCE RECOVERY FAC LEASE REV                                                                             | CUSIP: 906363AB2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3885000 | PA      | $3893167.44   | 0.20%             | 2031-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Oklahoma Development Finance Authority                                           | OKLAHOMA ST DEV FIN AUTH HLTHSYS REVENUE                                                                                                 | CUSIP: 67884XCX3<br>LEI: 549300PXGPHUWC32DJ91 | Long             | DBT              | MUN               | US        |   2360000 | PA      | $2410838.88   | 0.12%             | 2044-08-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                  | CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE                                                                              | CUSIP: 13013JFD3<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   2320000 | PA      | $2566774.92   | 0.13%             | 2055-02-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Miami-Dade County Expressway Authority                                           | MIAMI-DADE CNTY FL EXPRESSWAY AUTH TOLL SYS REVENUE                                                                                      | CUSIP: 593338AR7<br>LEI: 549300NSQPQSO55VM780 | Long             | DBT              | MUN               | US        |   3750000 | PA      | $3755761.13   | 0.19%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas Inc                                                      | MAIN STREET NATURAL GAS INC GA GAS SUPPLY REVENUE                                                                                        | CUSIP: 56035DFK3<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5397977.50   | 0.27%             | 2053-09-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Fayetteville State University                                                    | FAYETTEVILLE NC ST UNIV                                                                                                                  | CUSIP: 312810EZ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    375000 | PA      | $375644.78    | 0.02%             | 2026-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Territory of Guam                                                                | GUAM GOVT LTD OBLG REVENUE                                                                                                               | CUSIP: 40065HDN7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    565000 | PA      | $572184.20    | 0.03%             | 2030-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Patriots Energy Group Financing Agency                                           | PATRIOTS ENERGY GROUP FING AGY SC GAS SPLY REVENUE                                                                                       | CUSIP: 70342PAR5<br>LEI: 5493008X0DFBVFH4HL19 | Long             | DBT              | MUN               | US        |   2275000 | PA      | $2490283.25   | 0.12%             | 2054-02-01      | Floating      | 5.25%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Massachusetts Transportation Fund Revenue                        | MASSACHUSETTS ST TRANSPRTN FUND REVENUE                                                                                                  | CUSIP: 57604TKE5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10435082.00  | 0.52%             | 2053-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                                                           | Long: IS38HX1   IRS USD R F   .00000 IS38HX1/MMD 2.68 20261202 / Short: IS38HX1   IRS USD P F   .00000 IS38HY2/MUNIRATELOCK/5Y/T3750     | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DIR              |  | US        |   3000000 | OU      | $34927.59     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Washington State Housing Finance Commission                                      | WASHINGTON ST HSG FIN COMMISSION                                                                                                         | CUSIP: 93978UDT0<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |   1990663 | PA      | $1967107.35   | 0.10%             | 2041-11-20      | Variable      | 4.08%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                           | CALIFORNIA ST MUNI FIN AUTH REVENUE                                                                                                      | CUSIP: 13048VBV9<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   3910000 | PA      | $4037255.25   | 0.20%             | 2036-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Halifax Hospital Medical Center                                                  | HALIFAX FL HOSP MED CTR                                                                                                                  | CUSIP: 405815LM1<br>LEI: 549300H6HDJUXLEMUW23 | Long             | DBT              | MUN               | US        |   2155000 | PA      | $2217426.04   | 0.11%             | 2054-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Reno-Tahoe Airport Authority                                                     | RENO-TAHOE NV ARPT AUTH ARPT REVENUE                                                                                                     | CUSIP: 759874CB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1141249.10   | 0.06%             | 2037-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Greater Orlando Aviation Authority                                               | GTR ORLANDO FL AVIATION AUTH ARPT FACS REVENUE                                                                                           | CUSIP: 392275EY5<br>LEI: 549300CP6PUG5S184F61 | Long             | DBT              | MUN               | US        |   1590000 | PA      | $1816317.74   | 0.09%             | 2036-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                             | TRIBOROUGH NY BRIDGE & TUNNEL AUTH PAYROLL MOBILITY TAX                                                                                  | CUSIP: 89602HCH8<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2232219.80   | 0.11%             | 2052-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Harris County Cultural Education Facilities Finance Corp                         | HARRIS CNTY TX CULTURAL EDU FACS FIN CORP REVENUE                                                                                        | CUSIP: 414009RU6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000058.80   | 0.05%             | 2049-07-01      | Floating      | 2.73%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                  | CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE                                                                              | CUSIP: 13013JDC7<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2030121.40   | 0.10%             | 2054-02-01      | Floating      | 4.13%                 | No            |                  2 | On Loan: No      |
| Wakara Ridge Public Infrastructure District                                      | WAKARA RIDGE PUB INFRASTRUCTURE DIST UT SPL ASSMNT                                                                                       | CUSIP: 930814AA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1025282.00   | 0.05%             | 2054-12-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Southeast Energy Authority A Cooperative District                                | SOUTHEAST ENERGY AUTH AL COMMODITY SPLY REVENUE                                                                                          | CUSIP: 84136FBT3<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4268838.40   | 0.21%             | 2054-01-01      | Floating      | 5.25%                 | No            |                  2 | On Loan: No      |
| Sterling Ranch Community Authority Board                                         | STERLING RANCH CMNTY AUTH BRD CO SUPPORTED REVENUE                                                                                       | CUSIP: 85950NAQ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1175000 | PA      | $1246431.54   | 0.06%             | 2042-12-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| California Housing Finance Agency                                                | CALIFORNIA HSG FIN AGY MUNI CTFS                                                                                                         | CUSIP: 13033DAH8<br>LEI: 549300BOPCVLBA552Z14 | Long             | DBT              | MUN               | US        |   2346819 | PA      | $89223.71     | 0.00%             | 2035-03-25      | Variable      | 0.82%                 | No            |                  2 | On Loan: No      |
| Suffolk Regional Off-Track Betting Corp                                          | SUFFOLK REGL OFF-TRACK BETTING CORP NY REV                                                                                               | CUSIP: 86480TAC8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1023071.10   | 0.05%             | 2053-12-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Tarrant County Cultural Education Facilities Finance Corp                        | TARRANT CNTY TX CULTURAL EDU FACS FIN CORP RETMNT FAC REVENU                                                                             | CUSIP: 87638REV5<br>LEI: 549300ROY505NVTMMI25 | Long             | DBT              | MUN               | US        |   1513621 | PA      | $0.02         | 0.00%             | 2036-11-15      | Fixed         | 5.00%                 | No            |                  3 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                              | WISCONSIN ST HLTH & EDUCTNL FACS AUTH REVENUE                                                                                            | CUSIP: 97712D4P8<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |    320000 | PA      | $326208.61    | 0.02%             | 2037-12-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| University of California                                                         | UNIV OF CALIFORNIA CA REVENUES                                                                                                           | CUSIP: 91412HWK5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1215001.70   | 0.06%             | 2040-05-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| University of California                                                         | UNIV OF CALIFORNIA CA REVENUES                                                                                                           | CUSIP: 91412HWL3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2544740.80   | 0.13%             | 2040-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| St Croix Chippewa Indians of Wisconsin                                           | ST CROIX CHIPPEWA INDIANS OF WISCONSIN                                                                                                   | CUSIP: 788400AA7<br>LEI: 5493006ZQ04VD450FS17 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $953959.20    | 0.05%             | 2041-09-30      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of Toledo                                                             | UNIV OF TOLEDO OH                                                                                                                        | CUSIP: 915138PR6<br>LEI: 549300530V11GF5PZA78 | Long             | DBT              | MUN               | US        |   9530000 | PA      | $9448509.92   | 0.47%             | 2036-06-01      | Floating      | 3.46%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                                      | PUERTO RICO CMWLTH                                                                                                                       | CUSIP: 74514L4G9<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |   1966201 | PA      | $1214129.37   | 0.06%             | 2051-11-01      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas Inc                                                      | MAIN STREET NATURAL GAS INC GA GAS SUPPLY REVENUE                                                                                        | CUSIP: 56035DFT4<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   6000000 | PA      | $6440576.40   | 0.32%             | 2054-05-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                                   | BLACK BELT ENERGY GAS DIST AL GAS PROJECT REVENUE                                                                                        | CUSIP: 09182TEC7<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   2420000 | PA      | $2640235.25   | 0.13%             | 2055-10-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Housing Development Corp                                           | NEW YORK CITY NY HSG DEV CORP MF MTGE REVENUE                                                                                            | CUSIP: 64966TGV0<br>LEI: 549300SQWVHKBRF8D702 | Long             | DBT              | MUN               | US        |    215000 | PA      | $222547.77    | 0.01%             | 2031-12-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH REVENUE                                                                                                             | CUSIP: 63607YDD9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1525000 | PA      | $1520902.48   | 0.08%             | 2045-11-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                                      | PUERTO RICO CMWLTH                                                                                                                       | CUSIP: 74514L4C8<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |   1671936 | PA      | $1157815.54   | 0.06%             | 2051-11-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Hillsborough County Aviation Authority                                           | HILLSBOROUGH CNTY FL AVIATION AUTH                                                                                                       | CUSIP: 432308W91<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2140712.40   | 0.11%             | 2049-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Lee County Industrial Development Authority/FL                                   | LEE CNTY FL INDL DEV AUTH HLTHCR FACS REVENUE                                                                                            | CUSIP: 52349EES5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1510941.15   | 0.08%             | 2029-11-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Louisville/Jefferson County Metropolitan Government                              | LOUISVILLE & JEFFERSON CNTY KY MET GOVT HLTH SYS REVENUE                                                                                 | CUSIP: 54659LBN3<br>LEI: 5493004O4I11L8BK0A22 | Long             | DBT              | MUN               | US        |   2330000 | PA      | $2361991.83   | 0.12%             | 2030-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Onondaga Civic Development Corp                                                  | ONONDAGA NY CIVIC DEV CORP                                                                                                               | CUSIP: 682832LL2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2198248.20   | 0.11%             | 2056-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Palm Beach County Health Facilities Authority                                    | PALM BEACH CNTY FL HLTH FACS AUTH HOSP REVENUE                                                                                           | CUSIP: 69651ACY8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2170000 | PA      | $2301961.39   | 0.12%             | 2050-11-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Washington State Housing Finance Commission                                      | WASHINGTON ST HSG FIN COMMISSION NONPROFIT HSG REVENUE                                                                                   | CUSIP: 939783ZB5<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $913297.60    | 0.05%             | 2055-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                       | CHICAGO IL BRD OF EDU                                                                                                                    | CUSIP: 167505ZA7<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   3250000 | PA      | $3411022.23   | 0.17%             | 2034-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                                       | MICHIGAN ST FIN AUTH REVENUE                                                                                                             | CUSIP: 59447TH97<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   1735000 | PA      | $1676493.89   | 0.08%             | 2039-06-01      | Fixed         | 3.27%                 | No            |                  2 | On Loan: No      |
| New Jersey Health Care Facilities Financing Authority                            | NEW JERSEY ST HLTH CARE FACS FING AUTH ST CONTRACT                                                                                       | CUSIP: 64580ABW0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5239547.00   | 0.26%             | 2034-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Glendale AZ                                                              | GLENDALE AZ COPS                                                                                                                         | CUSIP: 37828AAG4<br>LEI: 5493002BC35ZY7XRQ949 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1874976.60   | 0.09%             | 2030-07-01      | Fixed         | 2.22%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                           | CALIFORNIA ST MUNI FIN AUTH REVENUE                                                                                                      | CUSIP: 13048VCC0<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   4300000 | PA      | $4452005.00   | 0.22%             | 2035-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arlington Higher Education Finance Corp                                          | ARLINGTON TX HGR EDU FIN CORP EDU REVENUE                                                                                                | CUSIP: 041807GA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1020000 | PA      | $1052589.92   | 0.05%             | 2043-06-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| South Carolina Public Service Authority                                          | SOUTH CAROLINA ST PUBLIC SVC AUTH REVENUE                                                                                                | CUSIP: 837151RP6<br>LEI: EMBXY64GWKA9MZGFUD26 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2030725.00   | 0.10%             | 2036-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Golden State Tobacco Securitization Corp                                         | GOLDEN ST TOBACCO SECURITIZATION CORP CA TOBACCO SETTLEMENT                                                                              | CUSIP: 38122ND82<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4020000 | PA      | $3736036.85   | 0.19%             | 2050-06-01      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| City of Tempe AZ                                                                 | TEMPE AZ COPS                                                                                                                            | CUSIP: 87971LAP0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $894865.50    | 0.04%             | 2032-07-01      | Fixed         | 2.07%                 | No            |                  2 | On Loan: No      |
| California Housing Finance Agency                                                | CALIFORNIA HSG FIN AGY MUNI CTFS                                                                                                         | CUSIP: 13033DAE5<br>LEI: 549300BOPCVLBA552Z14 | Long             | DBT              | MUN               | US        |    922825 | PA      | $944080.27    | 0.05%             | 2035-11-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI AFFORDABLE HSG CTFS                                                                                                   | CUSIP: 74449CAA5<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2993106.00   | 0.15%             | 2041-01-20      | Floating      | 4.13%                 | No            |                  2 | On Loan: No      |
| New Jersey Turnpike Authority                                                    | NEW JERSEY ST TURNPIKE AUTH TURNPIKE REVENUE                                                                                             | CUSIP: 646140GQ0<br>LEI: 5493005YN67D71KSMI84 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1108601.00   | 0.06%             | 2032-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Homewood Educational Building Authority                                          | HOMEWOOD AL EDUCTNL BLDG AUTH REVENUE                                                                                                    | CUSIP: 437887HX3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $257815.05    | 0.01%             | 2049-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Iowa Finance Authority                                                           | IOWA ST FIN AUTH REVENUE                                                                                                                 | CUSIP: 46247SBT0<br>LEI: 549300NQVL49BTHOW391 | Long             | DBT              | MUN               | US        |    550000 | PA      | $449995.04    | 0.02%             | 2046-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Bay Transportation Authority Sales Tax Revenue                     | MASSACHUSETTS ST BAY TRANSPRTN AUTH SALES TAX REVENUE                                                                                    | CUSIP: 5755792J5<br>LEI: 549300D2U0XBUXGX8P68 | Long             | DBT              | MUN               | US        |   2900000 | PA      | $3114221.55   | 0.16%             | 2055-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| County of Hamilton OH                                                            | HAMILTON CNTY OH HOSP FACS REVENUE                                                                                                       | CUSIP: 407272Y49<br>LEI: 549300TO1E3N4E4YIO28 | Long             | DBT              | MUN               | US        |   3045000 | PA      | $2973860.27   | 0.15%             | 2050-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs-Economic Development Authority                               | SOUTH CAROLINA ST JOBS-ECON DEV AUTH HOSP REVENUE                                                                                        | CUSIP: 83703FLM2<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2600705.50   | 0.13%             | 2038-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                  | CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE                                                                              | CUSIP: 13013JHK5<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1109615.40   | 0.06%             | 2056-04-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Umatilla County School District No 6R Umatilla                                   | UMATILLA CNTY OR SCH DIST #6 R UMATILLA                                                                                                  | CUSIP: 904115FJ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $509115.80    | 0.03%             | 2053-06-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| New Hope Cultural Education Facilities Finance Corp                              | NEW HOPE CULTURAL ED FACS FIN CORP TX RETIREMENT FAC REVENUE                                                                             | CUSIP: 64542UFP4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $150000.00    | 0.01%             | 2037-11-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs-Economic Development Authority                               | SOUTH CAROLINA ST JOBS-ECON DEV AUTH SOL WST DISP REVENUE                                                                                | CUSIP: 83704DAM8<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |   1450000 | PA      | $159500.00    | 0.01%             | 2051-06-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| CSCDA Community Improvement Authority                                            | CSCDA CMNTY IMPT AUTH CA ESSENTIAL HSG REVENUE                                                                                           | CUSIP: 126292BD2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1679677.00   | 0.08%             | 2056-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Kalamazoo Economic Development Corp                                              | KALAMAZOO MI ECON DEV CORP                                                                                                               | CUSIP: 483228DY5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1856835.80   | 0.09%             | 2055-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Hawaii Airports System Revenue                                          | HAWAII ST ARPTS SYS REVENUE                                                                                                              | CUSIP: 419794H54<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1286183.50   | 0.06%             | 2047-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arizona Industrial Development Authority                                         | ARIZONA ST INDL DEV AUTH NATIONAL CHRT SCH REVOLVING LOAN FD                                                                             | CUSIP: 04052FFE0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4185000 | PA      | $4326270.95   | 0.22%             | 2049-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BUCKINGHAM SR LVG CMNTY                                                          | Buckingham Senior Living Community Inc                                                                                                   | CUSIP: 11841VAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    150000 | PA      | $152806.50    | 0.01%             | 2026-03-31      | Fixed         | 12.00%                | No            |                  3 | On Loan: No      |
| California Housing Finance Agency                                                | California Housing Finance Agency                                                                                                        | CUSIP: 13033DAK1<br>LEI: 549300BOPCVLBA552Z14 | Long             | DBT              | MUN               | US        |   2142670 | PA      | $92821.56     | 0.00%             | 2036-08-20      | Variable      | 0.77%                 | No            |                  2 | On Loan: No      |
| Massachusetts Bay Transportation Authority Sales Tax Revenue                     | MASSACHUSETTS ST BAY TRANSPRTN AUTH SALES TAX REVENUE                                                                                    | CUSIP: 575579R25<br>LEI: 549300D2U0XBUXGX8P68 | Long             | DBT              | MUN               | US        |   4840000 | PA      | $5143715.32   | 0.26%             | 2053-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                         | MASSACHUSETTS ST DEV FIN AGY REVENUE                                                                                                     | CUSIP: 57584YFK0<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   1180000 | PA      | $1159722.05   | 0.06%             | 2048-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LCH Ltd.                                                                         | Long: SS39T27   IRS USD R F  3.69500 IS39T27 CCPOIS / Short: SS39T27   IRS USD P V 00MSOFR IS39T38 CCPOIS                                | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |  38700000 | OU      | $828352.95    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| City of Atlanta GA Department of Aviation                                        | ATLANTA GA ARPT REVENUE                                                                                                                  | CUSIP: 04780M2U2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2400000 | PA      | $2696622.48   | 0.14%             | 2038-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Jefferson AL Sewer Revenue                                             | JEFFERSON CNTY AL SWR REVENUE WARRANTS                                                                                                   | CUSIP: 472682ZR7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1053405.60   | 0.05%             | 2049-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Infirmary Health System Special Care Facilities Financing Authority of Mobile    | INFIRMARY HLTH SYS AL SPL CARE FACS FING AUTH REVENUE                                                                                    | CUSIP: 45663NBU5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2502329.50   | 0.13%             | 2036-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                                                           | Long: IS34085   IRS USD R F   .00000 IS34085/MMD 3.84 04222025 / Short: IS34085   IRS USD P F   .00000 IS34096/MUNIRATELOCK/10Y/T3750    | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DIR              |  | US        |   2500000 | OU      | $302231.43    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | NEW YORK ST DORM AUTH REVENUES NON ST SUPPORTED DEBT                                                                                     | CUSIP: 65000B8S0<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   5050000 | PA      | $5305178.52   | 0.27%             | 2047-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Wisconsin Housing & Economic Development Authority                               | WISCONSIN ST HSG & ECON DEV AUTH MF HSG                                                                                                  | CUSIP: 97689RER1<br>LEI: 549300AT0SEG8YQT2K79 | Long             | DBT              | MUN               | US        |    255000 | PA      | $237265.57    | 0.01%             | 2040-03-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH AFFORDABLE HSG CTFS                                                                                                 | CUSIP: 63607DAE6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    997814 | PA      | $1055242.53   | 0.05%             | 2041-06-20      | Floating      | 4.75%                 | No            |                  2 | On Loan: No      |
| South Carolina Public Service Authority                                          | SOUTH CAROLINA ST PUBLIC SVC AUTH REVENUE                                                                                                | CUSIP: 837151RT8<br>LEI: EMBXY64GWKA9MZGFUD26 | Long             | DBT              | MUN               | US        |   6250000 | PA      | $6250663.75   | 0.31%             | 2056-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Health & Educational Facilities Authority of the State of Missouri               | MISSOURI ST HLTH & EDUCTNL FACS AUTH                                                                                                     | CUSIP: 60635H3E7<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |    400000 | PA      | $399208.44    | 0.02%             | 2048-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Salt River Project Agricultural Improvement & Power District                     | SALT RIVER AZ PROJ AGRIC IMPT& PWR DIST ELEC SYS REVENUE                                                                                 | CUSIP: 79574CFR9<br>LEI: SHB8HO6GKXJ83RX5OV39 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10663065.00  | 0.53%             | 2053-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                                       | MICHIGAN ST FIN AUTH REVENUE                                                                                                             | CUSIP: 59447TM26<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $130537.00    | 0.01%             | 2065-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                          | LOS ANGELES CA DEPT OF WTR & PWR REVENUE                                                                                                 | CUSIP: 544532DK7<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |   2250000 | PA      | $2320704.23   | 0.12%             | 2051-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Columbia Housing Authority/SC                                                    | COLUMBIA SC HSG AUTH MF HSG REVENUE                                                                                                      | CUSIP: 198409AH7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $100533.15    | 0.01%             | 2039-11-01      | Fixed         | 6.28%                 | No            |                  2 | On Loan: No      |
| Virginia College Building Authority                                              | VIRGINIA CLG BLDG AUTH EDUCTNL FACS REVENUE                                                                                              | CUSIP: 92778FLD3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1683097.40   | 0.08%             | 2040-01-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | NEW YORK ST DORM AUTH ST PERSONAL INCOME TAX REVENUE                                                                                     | CUSIP: 64990KJC8<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2152727.60   | 0.11%             | 2050-03-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Colby KS                                                                 | COLBY KS HOSP LOAN ANTICIPATION REV                                                                                                      | CUSIP: 19277TAA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $997969.90    | 0.05%             | 2026-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| New York City Municipal Water Finance Authority                                  | NEW YORK CITY NY MUNI WTR FIN AUTH WTR & SWR SYS REVENUE                                                                                 | CUSIP: 64972GH80<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1924568.60   | 0.10%             | 2054-06-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Bank of America NA                                                               | Long: IS32T59   IRS USD R F   .00000 IS32T59/MMD 3.35 03112025 / Short: IS32T59   IRS USD P F   .00000 IS32T60/MUNIRATELOCK/10Y/T3750    | CUSIP: 000000000<br>LEI: B4TYDEB6GKMZO031MB27 | N/A              | DIR              |  | US        |   2500000 | OU      | $201920.85    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Ohio Higher Educational Facility Commission                                      | OHIO ST HGR EDUCTNL FAC COMMISSION                                                                                                       | CUSIP: 67756DS23<br>LEI: 5493007MQT6NGNN6BR81 | Long             | DBT              | MUN               | US        |   1010000 | PA      | $1080491.44   | 0.05%             | 2038-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CSCDA Community Improvement Authority                                            | CSCDA CMNTY IMPT AUTH CA ESSENTIAL HSG REVENUE                                                                                           | CUSIP: 126292AH4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1462751.80   | 0.07%             | 2056-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI HLTHCARE FACS REVENUE                                                                                                 | CUSIP: 74444KBD5<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    500000 | PA      | $529558.05    | 0.03%             | 2036-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kentucky Public Energy Authority                                                 | KENTUCKY ST PUBLIC ENERGY AUTH GAS SPLY REVENUE                                                                                          | CUSIP: 74440DGL2<br>LEI: 549300XEJZWHYSY4SL55 | Long             | DBT              | MUN               | US        |   1800000 | PA      | $1978483.32   | 0.10%             | 2036-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority                                            | MET TRANSPRTN AUTH NY REVENUE                                                                                                            | CUSIP: 59261AG50<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1026448.80   | 0.05%             | 2055-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Metropolitan Washington Airports Authority Aviation Revenue                      | MET WASHINGTON DC ARPTS AUTH ARPT SYS REVENUE                                                                                            | CUSIP: 592647FM8<br>LEI: 7HERAVJJLN8J1DZ6AZ19 | Long             | DBT              | MUN               | US        |   2630000 | PA      | $2736057.12   | 0.14%             | 2038-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Whiting IN                                                               | WHITING IN ENVRNMNTL FACS REVENUE                                                                                                        | CUSIP: 96634RAW2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4251670.00   | 0.21%             | 2045-11-01      | Floating      | 4.40%                 | No            |                  2 | On Loan: No      |
| Kentucky State Property & Building Commission                                    | KENTUCKY ST PROPERTY & BLDGS COMMISSION REVENUES                                                                                         | CUSIP: 49151F2T6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3430000 | PA      | $3477400.89   | 0.17%             | 2041-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Grays Harbor County Public Hospital District No 1                                | GRAYS HARBOR CNTY WA PUBLIC HOSP DIST #1 HOSP REVENUE                                                                                    | CUSIP: 389526AJ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $330559.41    | 0.02%             | 2053-12-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| California Housing Finance Agency                                                | CALIFORNIA HSG FIN AGY MUNI CTFS                                                                                                         | CUSIP: 13033DAC9<br>LEI: 549300BOPCVLBA552Z14 | Long             | DBT              | MUN               | US        |    501604 | PA      | $522243.21    | 0.03%             | 2033-03-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Nashville Airport Authority/The                                     | MET NASHVILLE TN ARPT AUTH ARPT REVENUE                                                                                                  | CUSIP: 592190SL7<br>LEI: 549300IC0HNF8TDXEE63 | Long             | DBT              | MUN               | US        |   1350000 | PA      | $1537505.96   | 0.08%             | 2038-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Yuma Industrial Development Authority                                            | YUMA AZ INDL DEV AUTH HOSP REVENUE                                                                                                       | CUSIP: 988514DD4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1793307.20   | 0.09%             | 2054-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Chambersburg Area Municipal Authority                                            | CHAMBERSBURG PA AREA MUNI AUTH EDU FAC REVENUE                                                                                           | CUSIP: 157881AD5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4948561.00   | 0.25%             | 2043-10-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Arizona Industrial Development Authority                                         | ARIZONA ST INDL DEV AUTH REVENUE                                                                                                         | CUSIP: 04052ABH8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4203511 | PA      | $4290599.74   | 0.21%             | 2033-05-20      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| City of Reno NV                                                                  | RENO NV SALES TAX REVENUE                                                                                                                | CUSIP: 759861EJ2<br>LEI: 549300M4R5WWSUWY8D52 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $238092.45    | 0.01%             | 2058-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Marshall Creek Community Development District                                    | MARSHALL CREEK FL CDD SPL ASSMNT                                                                                                         | CUSIP: 57231NAH3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    110000 | PA      | $110094.61    | 0.01%             | 2045-05-01      | Fixed         | 6.32%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI HOTEL REVENUE                                                                                                         | CUSIP: 74447DAF4<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1024536.10   | 0.05%             | 2052-02-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Kentucky Public Energy Authority                                                 | KENTUCKY ST PUBLIC ENERGY AUTH GAS SPLY REVENUE                                                                                          | CUSIP: 74440DED2<br>LEI: 549300XEJZWHYSY4SL55 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5000000.00   | 0.25%             | 2054-04-01      | Floating      | 4.44%                 | No            |                  2 | On Loan: No      |
| CSCDA Community Improvement Authority                                            | CSCDA CMNTY IMPT AUTH CA ESSENTIAL HSG REVENUE                                                                                           | CUSIP: 126292AY7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1396449.60   | 0.07%             | 2056-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Washington Health Care Facilities Authority                                      | WASHINGTON ST HLTH CARE FACS AUTH                                                                                                        | CUSIP: 93978HXW0<br>LEI: 549300ZVPWQIL3N5TL85 | Long             | DBT              | MUN               | US        |    170000 | PA      | $185383.13    | 0.01%             | 2029-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southeast Energy Authority A Cooperative District                                | SOUTHEAST ENERGY AUTH AL COOPERATIVE DIST GAS SPLY REVENUE                                                                               | CUSIP: 84136JAL3<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |   4370000 | PA      | $4918513.22   | 0.25%             | 2055-11-01      | Floating      | 5.25%                 | No            |                  2 | On Loan: No      |
| Arlington Higher Education Finance Corp                                          | ARLINGTON TX HGR EDU FIN CORP EDU REVENUE                                                                                                | CUSIP: 041807CD8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1016084.40   | 0.05%             | 2052-06-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                       | CHICAGO IL BRD OF EDU                                                                                                                    | CUSIP: 167505QP4<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |    340000 | PA      | $339990.28    | 0.02%             | 2035-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Illinois Housing Development Authority                                           | ILLINOIS ST HSG DEV AUTH MF REVENUE                                                                                                      | CUSIP: 45202BSV9<br>LEI: 54930053Z6M9JVHBQZ16 | Long             | DBT              | MUN               | US        |   4500000 | PA      | $4506980.85   | 0.23%             | 2042-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California Health Facilities Financing Authority                                 | CALIFORNIA ST HLTH FACS FING AUTH REVENUE                                                                                                | CUSIP: 13032U4W5<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |   1650000 | PA      | $1860345.80   | 0.09%             | 2032-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Carolina Public Service Authority                                          | SOUTH CAROLINA ST PUBLIC SVC AUTH REVENUE                                                                                                | CUSIP: 837151A33<br>LEI: EMBXY64GWKA9MZGFUD26 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2565539.25   | 0.13%             | 2055-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI HOTEL REVENUE                                                                                                         | CUSIP: 74447DAD9<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $984531.80    | 0.05%             | 2062-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                           | CALIFORNIA ST MUNI FIN AUTH STUDENT HSG REVENUE                                                                                          | CUSIP: 13049YDT5<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1047241.70   | 0.05%             | 2037-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Palm Beach FL                                                          | PALM BEACH CNTY FL REVENUE                                                                                                               | CUSIP: 696547HR2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1003410.50   | 0.05%             | 2054-06-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Kentucky Economic Development Finance Authority                                  | KENTUCKY ST ECON DEV FIN AUTH                                                                                                            | CUSIP: 49126KHT1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3015000 | PA      | $3014920.10   | 0.15%             | 2050-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Alameda Corridor Transportation Authority                                        | ALAMEDA CA CORRIDOR TRANSPRTN AUTH REVENUE                                                                                               | CUSIP: 010869JN6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $2405437.60   | 0.12%             | 2048-10-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                         | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE                                                                                           | CUSIP: 650116GX8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1011010.80   | 0.05%             | 2049-06-30      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington State Housing Finance Commission                                      | WASHINGTON ST HSG FIN COMMISSION NONPROFIT REVENUE                                                                                       | CUSIP: 93978LGR1<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |    835000 | PA      | $895470.70    | 0.04%             | 2063-07-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Multifamily                                                          | Freddie Mac Multifamily ML Certificates                                                                                                  | CUSIP: 3137HFP74<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   4331308 | PA      | $4371946.85   | 0.22%             | 2041-05-25      | Variable      | 4.16%                 | No            |                  2 | On Loan: No      |
| State of Hawaii Airports System Revenue                                          | HAWAII ST ARPTS SYS REVENUE                                                                                                              | CUSIP: 419794H62<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7855000 | PA      | $8011024.65   | 0.40%             | 2051-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Nuveen AMT-Free Municipal Credit Income Fund                                     | Nuveen AMT-Free Municipal Credit Income Fund                                                                                             | CUSIP: 67071L825<br>LEI: 549300LBMO1C0IG71T03 | Long             | DBT              | MUN               | US        |   5200000 | PA      | $5200000.00   | 0.26%             | 2029-03-01      | Floating      | 2.33%                 | No            |                  2 | On Loan: No      |
| City of Overland Park KS Sales Tax Revenue                                       | OVERLAND PARK KS SALES TAX SPL OBLIG REVENUE                                                                                             | CUSIP: 69030SAF4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1185000 | PA      | $1250040.38   | 0.06%             | 2042-11-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| ALIGN CAPITAL SER 2025-1                                                         | Align Capital Series Trust 2025-1                                                                                                        | CUSIP: 01632JAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1037823.00   | 0.05%             | 2052-01-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                                   | BLACK BELT ENERGY GAS DIST AL GAS PROJECT REVENUE                                                                                        | CUSIP: 09182TEN3<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4412525.60   | 0.22%             | 2055-03-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas State Public Finance Authority Charter School Finance Corp                 | TEXAS ST PUBLIC FIN AUTH CHRTSCH FIN CORP REVENUE                                                                                        | CUSIP: 88276PEB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1945000 | PA      | $1948281.41   | 0.10%             | 2034-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Multifamily ML Certificates                                          | FREDDIE MAC STRUCTURED PASS THROUGH CERT                                                                                                 | CUSIP: 3137HCXR8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    986937 | PA      | $1031711.68   | 0.05%             | 2040-10-25      | Floating      | 4.69%                 | No            |                  2 | On Loan: No      |
| Port of Seattle WA                                                               | PORT OF SEATTLE WA REVENUE                                                                                                               | CUSIP: 7353893V8<br>LEI: 549300T9UCDUJ3GZL429 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2267694.80   | 0.11%             | 2038-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CSCDA Community Improvement Authority                                            | CSCDA CMNTY IMPT AUTH CA ESSENTIAL HSG REVENUE                                                                                           | CUSIP: 126292BT7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $697959.20    | 0.03%             | 2056-07-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI REVENUE                                                                                                               | CUSIP: 74442PQ24<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1010000 | PA      | $1081355.89   | 0.05%             | 2045-01-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                           | CALIFORNIA ST MUNI FIN AUTH STUDENT HSG REVENUE                                                                                          | CUSIP: 13049YDX6<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    915000 | PA      | $941459.70    | 0.05%             | 2041-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | INDIANA ST FIN AUTH HLTH FAC REVENUE                                                                                                     | CUSIP: 45471CBP2<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   1080000 | PA      | $1138239.43   | 0.06%             | 2029-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan State Hospital Finance Authority                                        | MICHIGAN ST HOSP FIN AUTH                                                                                                                | CUSIP: 59465HXC5<br>LEI: 54930011MIBQ2P7ZNM19 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3203246.70   | 0.16%             | 2045-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily VRD Certificates                                               | FEDERAL HOME LOAN MTGE CORP MF VARIABLE RATE CTFS                                                                                        | CUSIP: 31350ADQ8<br>LEI: N/A                  | Long             | DBT              | USGSE             | US        |   4467732 | PA      | $4782142.13   | 0.24%             | 2041-08-25      | Floating      | 4.76%                 | No            |                  2 | On Loan: No      |
| Metropolitan Washington Airports Authority Aviation Revenue                      | MET WASHINGTON DC ARPTS AUTH ARPT SYS REVENUE                                                                                            | CUSIP: 592647PD7<br>LEI: 7HERAVJJLN8J1DZ6AZ19 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1033129.20   | 0.05%             | 2050-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tennessee Energy Acquisition Corp                                                | TENNESSEE ST ENERGY ACQUISITION CORP GAS REVENUE                                                                                         | CUSIP: 880443JQ0<br>LEI: 549300OJ2Z8PGEY46K92 | Long             | DBT              | MUN               | US        |   2055000 | PA      | $2276205.34   | 0.11%             | 2034-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Industrial Development Authority of the County of Pima/The                       | PIMA CNTY AZ INDL DEV AUTH SENIOR LIVING REVENUE                                                                                         | CUSIP: 72178AAJ1<br>LEI: 549300QDTQ25545R4K19 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1071129.90   | 0.05%             | 2057-11-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                             | TRIBOROUGH NY BRIDGE & TUNNEL AUTH PAYROLL MOBILITY TAX                                                                                  | CUSIP: 89602HJC2<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10554097.00  | 0.53%             | 2028-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority                                            | MET TRANSPRTN AUTH NY REVENUE                                                                                                            | CUSIP: 59261AJM0<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1017268.20   | 0.05%             | 2027-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago O'Hare International Airport                                             | CHICAGO IL O'HARE INTERNATIONAL ARPT REVENUE                                                                                             | CUSIP: 1675937W6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9140000 | PA      | $10392449.63  | 0.52%             | 2036-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas State Public Finance Authority Charter School Finance Corp                 | TEXAS ST PUBLIC FIN AUTH CHRTSCH FIN CORP REVENUE                                                                                        | CUSIP: 88276PDZ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1385000 | PA      | $1387347.71   | 0.07%             | 2032-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Higher Educational Facilities Authority                             | PENNSYLVANIA ST HGR EDUCTNL FACS AUTH REVENUE                                                                                            | CUSIP: 70917TSA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1364692.81   | 0.07%             | 2054-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Chicago Transit Authority Sales Tax Receipts Fund                                | CHICAGO IL TRANSIT AUTH SALES TAX RECPTS REVENUE                                                                                         | CUSIP: 16772PEV4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $563189.70    | 0.03%             | 2041-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI MF HSG REVENUE                                                                                                        | CUSIP: 74441XHQ5<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   2825000 | PA      | $2592519.17   | 0.13%             | 2053-08-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Fayette County Development Authority                                             | FAYETTE CNTY GA DEV AUTH REVENUE                                                                                                         | CUSIP: 31222PAG6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    575000 | PA      | $633461.23    | 0.03%             | 2031-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Housing Development Authority                                           | ILLINOIS ST HSG DEV AUTH MF REVENUE                                                                                                      | CUSIP: 45202BSW7<br>LEI: 54930053Z6M9JVHBQZ16 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1963350.00   | 0.10%             | 2062-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                  | CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE                                                                              | CUSIP: 13013JFW1<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1115545.80   | 0.06%             | 2056-01-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Power Authority                                                         | NEW YORK ST PWR AUTH GREEN TRANSMISSION PROJ REVENUE                                                                                     | CUSIP: 65000XBT6<br>LEI: I5P1GEYFGGMMDOFX2L30 | Long             | DBT              | MUN               | US        |   8000000 | PA      | $8492202.40   | 0.43%             | 2048-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tennergy Corp/TN                                                                 | TENNERGY CORP TN GAS REVENUE                                                                                                             | CUSIP: 880397CF9<br>LEI: 5493008K3JJFBSC4C235 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5447584.50   | 0.27%             | 2053-10-01      | Floating      | 5.50%                 | No            |                  2 | On Loan: No      |
| District of Columbia Income Tax Revenue                                          | DIST OF COLUMBIA INCOME TAX SECURED REVENUE                                                                                              | CUSIP: 25477GYM1<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1312891.20   | 0.07%             | 2045-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI REVENUE                                                                                                               | CUSIP: 74442PD36<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1119741.40   | 0.06%             | 2059-07-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority                            | PENNSYLVANIA ST ECON DEV FING AUTH T/E PRIVATE ACTIVITY REV                                                                              | CUSIP: 70868YAY5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10628188.00  | 0.53%             | 2061-06-30      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Tobacco Settlement Finance Authority                                             | TOBACCO SETTLEMENT FIN AUTH WV ASSET BACKED                                                                                              | CUSIP: 88880LAW3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1320000 | PA      | $1280918.36   | 0.06%             | 2049-06-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Cherry Hill Community Development Authority                                      | CHERRY HILL VA CMNTY DEV AUTHSPL ASSMNT                                                                                                  | CUSIP: 164631AC7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1410000 | PA      | $1411213.87   | 0.07%             | 2045-03-01      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Colorado Educational & Cultural Facilities Authority                             | COLORADO EDUCTNL & CULTURAL AUTH REVENUE                                                                                                 | CUSIP: 19645URF3<br>LEI: 549300BJRX2FHSSZP042 | Long             | DBT              | MUN               | US        |   1660000 | PA      | $1693279.18   | 0.08%             | 2044-04-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Texas Municipal Gas Acquisition & Supply Corp VI                                 | TEXAS ST MUNI GAS ACQUISITION & SPLY CORP VI GAS SPLY REV                                                                                | CUSIP: 88256FAK8<br>LEI: 254900OCOQCKZZ4U6C83 | Long             | DBT              | MUN               | US        |   1850000 | PA      | $2039231.69   | 0.10%             | 2036-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Wisconsin                                                               | WISCONSIN ST                                                                                                                             | CUSIP: 97705MY33<br>LEI: 549300VTAT608CNZ5827 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1075465.80   | 0.05%             | 2030-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs-Economic Development Authority                               | SOUTH CAROLINA ST JOBS-ECON DEV AUTH HLTH FACS REVENUE                                                                                   | CUSIP: 837032BW0<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5532060.00   | 0.28%             | 2043-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City & County Honolulu HI Wastewater System Revenue                              | HONOLULU CITY & CNTY HI WSTWTR SYS REVENUE                                                                                               | CUSIP: 4387012C7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $720323.40    | 0.04%             | 2045-07-01      | Fixed         | 2.62%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                       | CHICAGO IL BRD OF EDU                                                                                                                    | CUSIP: 167505A48<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   2075000 | PA      | $2281315.38   | 0.11%             | 2041-12-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| JPMorgan Securities LLC                                                          | Long: IS34RH3   IRS USD R F   .00000 IS34RH3/MMD. 3.69 06032025 / Short: IS34RH3   IRS USD P F   .00000 IS34RI4/MUNIRATELOCK/10Y/T3750   | CUSIP: 000000000<br>LEI: ZBUT11V806EZRVTWT807 | N/A              | DIR              |  | US        |   2000000 | OU      | $193986.16    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| City of Overland Park KS Sales Tax Revenue                                       | OVERLAND PARK KS SALES TAX SPL OBLIG REVENUE                                                                                             | CUSIP: 69030SAE7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $105591.82    | 0.01%             | 2034-11-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Bank of America NA                                                               | Long: IS35550   IRS USD R F   .00000 IS35550/MMD 3.57 20260625 / Short: IS35550   IRS USD P F   .00000 IS35561/MUNIRATELOCK/10Y/T3750    | CUSIP: 000000000<br>LEI: B4TYDEB6GKMZO031MB27 | N/A              | DIR              |  | US        |   2000000 | OU      | $164616.64    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                  | CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE                                                                              | CUSIP: 13013JHM1<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   1070000 | PA      | $1166031.11   | 0.06%             | 2036-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CMFA Special Finance Agency VIII                                                 | CMFA SPL FIN AGY VIII CA ESSENTIAL HSG REVENUE                                                                                           | CUSIP: 12574VAB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    855000 | PA      | $804823.73    | 0.04%             | 2047-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH MUNI CTFS                                                                                                           | CUSIP: 63607WAC8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7608552 | PA      | $7928375.89   | 0.40%             | 2036-09-20      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| California Housing Finance Agency                                                | CALIFORNIA HSG FIN AGY MUNI CTFS                                                                                                         | CUSIP: 13033DAG0<br>LEI: 549300BOPCVLBA552Z14 | Long             | DBT              | MUN               | US        |   4693638 | PA      | $4905430.85   | 0.25%             | 2035-03-25      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                                   | BLACK BELT ENERGY GAS DIST AL GAS PROJECT REVENUE                                                                                        | CUSIP: 09182TCT2<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5096064.00   | 0.26%             | 2049-06-01      | Floating      | 5.40%                 | No            |                  2 | On Loan: No      |
| County of Washington OH                                                          | WASHINGTON CNTY OH HOSP REVENUE                                                                                                          | CUSIP: 938154DW8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2162111.80   | 0.11%             | 2042-12-01      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH MUNI CTFS                                                                                                           | CUSIP: 63607WAD6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5904085 | PA      | $110682.70    | 0.01%             | 2036-09-20      | Variable      | 0.35%                 | No            |                  2 | On Loan: No      |
| Development Authority of Burke County/The                                        | BURKE CNTY GA DEV AUTH POLL CONTROL REVENUE                                                                                              | CUSIP: 121342QE2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3245000 | PA      | $3245467.93   | 0.16%             | 2032-10-01      | Floating      | 3.88%                 | No            |                  2 | On Loan: No      |
| Kenton County Airport Board                                                      | KENTON CNTY KY ARPT BRD                                                                                                                  | CUSIP: 491026WJ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2082959.20   | 0.10%             | 2049-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Align Affordable Housing Bond Fund LP                                            | ALIGN CAP SER 2022-1 TRUST VIRGINIA                                                                                                      | CUSIP: 01630QAA6<br>LEI: 549300B2I0LUTCXK9B86 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1872050.20   | 0.09%             | 2052-08-01      | Floating      | 5.66%                 | No            |                  2 | On Loan: No      |
| City of Glendale AZ                                                              | GLENDALE AZ COPS                                                                                                                         | CUSIP: 37828AAN9<br>LEI: 5493002BC35ZY7XRQ949 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1728984.80   | 0.09%             | 2036-07-01      | Fixed         | 2.84%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH MUNI CTFS                                                                                                           | CUSIP: 63607WAW4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2475373 | PA      | $2550777.94   | 0.13%             | 2051-10-20      | Variable      | 4.03%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI REVENUE                                                                                                               | CUSIP: 74442PTM7<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    985000 | PA      | $749346.04    | 0.04%             | 2049-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| South Carolina Public Service Authority                                          | SOUTH CAROLINA ST PUBLIC SVC AUTH REVENUE                                                                                                | CUSIP: 837151PS2<br>LEI: EMBXY64GWKA9MZGFUD26 | Long             | DBT              | MUN               | US        |   4750000 | PA      | $4774049.25   | 0.24%             | 2036-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CSCDA Community Improvement Authority                                            | CSCDA CMNTY IMPT AUTH CA ESSENTIAL HSG REVENUE                                                                                           | CUSIP: 126292AP6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3300000 | PA      | $2768747.19   | 0.14%             | 2056-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Capital Projects Finance Authority/FL                                            | CAPITAL PROJS FIN AUTH FL EDUCTNL FACS REVENUE                                                                                           | CUSIP: 14043FAL0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1760000 | PA      | $1728736.42   | 0.09%             | 2044-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI REVENUE                                                                                                               | CUSIP: 74442PS71<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1175000 | PA      | $1150667.51   | 0.06%             | 2061-01-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Pier & Exposition Authority                                         | MET PIER & EXPOSITION AUTH IL REVENUE                                                                                                    | CUSIP: 592250FV1<br>LEI: 254900I3VDCQ58UGBR15 | Long             | DBT              | MUN               | US        |   1175000 | PA      | $1173795.63   | 0.06%             | 2053-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Housing & Economic Development Authority                               | WISCONSIN ST HSG & ECON DEV AUTH MF HSG                                                                                                  | CUSIP: 97689REQ3<br>LEI: 549300AT0SEG8YQT2K79 | Long             | DBT              | MUN               | US        |   1170000 | PA      | $1085234.90   | 0.05%             | 2039-12-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Colorado State Education Loan Program                                            | COLORADO ST EDUC LOAN PROGRAM                                                                                                            | CUSIP: 19672MDH8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6000000 | PA      | $6054334.20   | 0.30%             | 2026-06-30      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CSCDA Community Improvement Authority                                            | CSCDA CMNTY IMPT AUTH CA ESSENTIAL HSG REVENUE                                                                                           | CUSIP: 126292AM3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $831687.10    | 0.04%             | 2056-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp Sales Tax Revenue                           | PUERTO RICO SALES TAX FING CORP SALES TAX REVENUE                                                                                        | CUSIP: 74529JQD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1595000 | PA      | $1436931.35   | 0.07%             | 2029-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Southeast Energy Authority A Cooperative District                                | SOUTHEAST ENERGY AUTH AL COMMODITY SPLY REVENUE                                                                                          | CUSIP: 84136FAV9<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2091741.60   | 0.10%             | 2051-12-01      | Floating      | 4.00%                 | No            |                  2 | On Loan: No      |
| State of Hawaii Airports System Revenue                                          | HAWAII ST ARPTS SYS REVENUE                                                                                                              | CUSIP: 419794K92<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1260000 | PA      | $1394830.08   | 0.07%             | 2041-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Sarasota County Health Facilities Authority                                      | SARASOTA CNTY FL HLTH FACS AUTH RETMNT FAC REVENUE                                                                                       | CUSIP: 80329UBA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1103482.05   | 0.06%             | 2042-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH SPL REVENUE                                                                                                         | CUSIP: 63608TAB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2000035.00   | 0.10%             | 2035-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Ohio Air Quality Development Authority                                           | OHIO ST AIR QUALITY DEV AUTH                                                                                                             | CUSIP: 677525XA0<br>LEI: 549300DZUU80AYOR6M80 | Long             | DBT              | MUN               | US        |   5500000 | PA      | $5567663.20   | 0.28%             | 2028-10-01      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Multifamily                                                          | Freddie Mac Multifamily ML Certificates                                                                                                  | CUSIP: 3137H9JP5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1469483 | PA      | $79613.67     | 0.00%             | 2036-07-25      | Variable      | 0.96%                 | No            |                  2 | On Loan: No      |
| California State University                                                      | CALIFORNIA ST UNIV REVENUE                                                                                                               | CUSIP: 13077DQP0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1697957.00   | 0.09%             | 2035-11-01      | Fixed         | 2.37%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                        | NEW JERSEY ST ECON DEV AUTH SPL FAC REVENUE                                                                                              | CUSIP: 64578CCE9<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   3320000 | PA      | $3385469.74   | 0.17%             | 2037-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                         | MASSACHUSETTS ST DEV FIN AGY REVENUE                                                                                                     | CUSIP: 57585BMW5<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1045772.20   | 0.05%             | 2060-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs-Economic Development Authority                               | SOUTH CAROLINA ST JOBS-ECON DEV AUTH ECON DEV REVENUE                                                                                    | CUSIP: 837031D91<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |   1600000 | PA      | $1235374.72   | 0.06%             | 2052-06-01      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                  | CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE                                                                              | CUSIP: 13013JDG8<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   2745000 | PA      | $2960294.74   | 0.15%             | 2054-11-01      | Floating      | 5.25%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | ILLINOIS ST FIN AUTH REVENUE                                                                                                             | CUSIP: 45204FNP6<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $831154.50    | 0.04%             | 2051-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Burbank-Glendale-Pasadena Airport Authority Brick Campaign                       | BURBANK GLENDALE PASADENA CA ARPT AUTH ARPT REVENUE                                                                                      | CUSIP: 120827EE6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4894561.00   | 0.25%             | 2049-07-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| New York State Thruway Authority                                                 | NEW YORK ST THRUWAY AUTH PERSONAL INCOME TAX REVENUE                                                                                     | CUSIP: 650028C27<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3530000 | PA      | $3679851.32   | 0.18%             | 2055-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Development Authority of Cobb County/The                                         | COBB CNTY GA DEV AUTH EDUCTNL FACS REVENUE                                                                                               | CUSIP: 190782AR3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1039366.50   | 0.05%             | 2055-06-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                              | WISCONSIN ST HLTH & EDUCTNL FACS AUTH REVENUE                                                                                            | CUSIP: 97712D4M5<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |    305000 | PA      | $313323.33    | 0.02%             | 2035-12-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                           | CALIFORNIA ST MUNI FIN AUTH REVENUE                                                                                                      | CUSIP: 13048VBY3<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |  12250000 | PA      | $12452848.98  | 0.62%             | 2043-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southern California Public Power Authority                                       | STHRN CALIFORNIA ST PUBLIC PWR AUTH STHRN TRANSMISSION SYSTE                                                                             | CUSIP: 842469AQ1<br>LEI: 5493003B5TD5FWUKMD34 | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1957612.13   | 0.10%             | 2039-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LCH Ltd.                                                                         | Long: IS33A26   IRS USD R F   .00000 MMD 3.64 03252025 B IS33A26 / Short: IS33A26   IRS USD P F   .00000 IS33A37 MUNIRATELOCK/10Y/T3750  | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |   5000000 | OU      | $537383.40    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| CSCDA Community Improvement Authority                                            | CSCDA CMNTY IMPT AUTH CA ESSENTIAL HSG REVENUE                                                                                           | CUSIP: 126292BU4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $542921.40    | 0.03%             | 2058-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs-Economic Development Authority                               | SOUTH CAROLINA JOBS-ECON DEV AUTH ENVRNMNTL IMPT REVENUE                                                                                 | CUSIP: 83703DAA5<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000679.10   | 0.05%             | 2033-04-01      | Floating      | 4.00%                 | No            |                  2 | On Loan: No      |
| Kentucky Public Energy Authority                                                 | KENTUCKY ST PUBLIC ENERGY AUTH GAS SPLY REVENUE                                                                                          | CUSIP: 74440DFC3<br>LEI: 549300XEJZWHYSY4SL55 | Long             | DBT              | MUN               | US        |   2085000 | PA      | $2272780.52   | 0.11%             | 2055-01-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Arkansas Development Finance Authority                                           | ARKANSAS ST DEV FIN AUTH INDL DEV REVENUE                                                                                                | CUSIP: 04108WCF7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1195890.52   | 0.06%             | 2048-07-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| Tobacco Settlement Financing Corp                                                | TOBACCO SETTLEMENT FING CORP NJ                                                                                                          | CUSIP: 888808HT2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9980000 | PA      | $9873494.44   | 0.49%             | 2046-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                        | NEW JERSEY ST ECON DEV AUTH DOCK & WHARF FAC REVENUE                                                                                     | CUSIP: 64578TAB0<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1049524.40   | 0.05%             | 2045-01-01      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Colorado High Performance Transportation Enterprise                              | CO HIGH PERFORMANCE TRANSPRTN ENTERPRISE REVENUE                                                                                         | CUSIP: 19648DAD1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $989879.80    | 0.05%             | 2056-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Central Valley Energy Authority                                                  | CENTRL VLY CA ENERGY AUTH COMMODITY SPLY REVENUE                                                                                         | CUSIP: 15569DAG7<br>LEI: 254900G5IPQ9MA3FRJ55 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1099426.40   | 0.06%             | 2034-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Berks County Municipal Authority/The                                             | BERKS CNTY PA MUNI AUTH                                                                                                                  | CUSIP: 084538JD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    280000 | PA      | $291567.42    | 0.01%             | 2034-06-30      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Mobile County Industrial Development Authority                                   | MOBILE CNTY AL INDL DEV AUTH SOL WST DISP REVENUE                                                                                        | CUSIP: 60733UAB7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $956528.50    | 0.05%             | 2054-12-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI TOLL REVENUE                                                                                                          | CUSIP: 74448UAB4<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5236664.50   | 0.26%             | 2060-06-30      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Central Puget Sound Regional Transit Authority                                   | CENTRL PUGET SOUND WA REGL TRANSIT AUTH SALES & USE TAX                                                                                  | CUSIP: 15504RET2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2087937.00   | 0.10%             | 2039-11-01      | Fixed         | 5.49%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley & Co. LLC                                                         | Long: IS35HH6   IRS USD R F   .00000 MMD 2.93 20260713 IS35HH6 / Short: IS35HH6   IRS USD P F   .00000 IS35HI7 MUNIRATELOCK/5Y/T3750     | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DIR              |  | US        |   2500000 | OU      | $74914.65     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Vermont Educational & Health Buildings Financing Agency                          | VERMONT ST EDUCTNL & HLTH BLDGS FING AGY REVENUE                                                                                         | CUSIP: 924166LH2<br>LEI: 549300ZC1ZW1EUIIV708 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $928186.20    | 0.05%             | 2043-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| California Community Housing Agency                                              | CALIFORNIA CMNTY HSG AGY ESSENTIAL HSG REVENUE                                                                                           | CUSIP: 13013FBB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $693979.40    | 0.03%             | 2057-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Southeast Energy Authority A Cooperative District                                | SOUTHEAST ENERGY AUTHORITY A COOPERATIVE                                                                                                 | CUSIP: 84136HCT8<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |   5500000 | PA      | $5994017.70   | 0.30%             | 2030-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Nashville Airport Authority/The                                     | MET NASHVILLE TN ARPT AUTH ARPT REVENUE                                                                                                  | CUSIP: 592190SG8<br>LEI: 549300IC0HNF8TDXEE63 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1156976.10   | 0.06%             | 2034-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Francisco City & County Airport Comm-San Francisco International Airport     | SAN FRANCISCO CA CITY &CNTY ARPTS COMMN INTL ARPT REV                                                                                    | CUSIP: 79766DXK0<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |   1025000 | PA      | $1187084.48   | 0.06%             | 2033-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Bexley Community Development District                                            | BEXLEY CDD FL SPL ASSMNT REVENUE                                                                                                         | CUSIP: 088570AC0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1752241.93   | 0.09%             | 2036-05-01      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                              | NEW YORK NY                                                                                                                              | CUSIP: 64966SAT3<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1089883.70   | 0.05%             | 2043-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CMFA Special Finance Agency VIII                                                 | CMFA SPL FIN AGY VIII CA ESSENTIAL HSG REVENUE                                                                                           | CUSIP: 12574VAA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $2789362.40   | 0.14%             | 2056-08-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Ohio Housing Finance Agency                                                      | OHIO ST HSG FIN AGY RSDL MTGE REVENUE                                                                                                    | CUSIP: 67756UBB3<br>LEI: 549300K10X7VPG6JVX38 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $3021387.75   | 0.15%             | 2049-03-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Southeast Alabama Gas Supply District/The                                        | S E ALABAMA ST GAS SPLY DIST GAS SPLY REVENUE                                                                                            | CUSIP: 84131TBA9<br>LEI: 549300BL04JIB2GJZ178 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2712202.75   | 0.14%             | 2054-08-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH MUNI CTFS                                                                                                           | CUSIP: 63607WAA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4798471 | PA      | $5007135.35   | 0.25%             | 2034-01-20      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| CMFA Special Finance Agency                                                      | CMFA SPL FIN AGY CA ESSENTIAL HSG REVENUE                                                                                                | CUSIP: 12574WAB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $915082.40    | 0.05%             | 2045-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Illinois State Toll Highway Authority                                            | ILLINOIS ST TOLL HIGHWAY AUTH                                                                                                            | CUSIP: 452252FH7<br>LEI: 549300ISBFGI8MJJKM98 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2173349.20   | 0.11%             | 2034-01-01      | Fixed         | 6.18%                 | No            |                  2 | On Loan: No      |
| Massachusetts Bay Transportation Authority Sales Tax Revenue                     | MASSACHUSETTS ST BAY TRANSPRTN AUTH SALES TAX REVENUE                                                                                    | CUSIP: 575579W29<br>LEI: 549300D2U0XBUXGX8P68 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1071527.70   | 0.05%             | 2052-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Southeast Energy Authority A Cooperative District                                | SOUTHEAST ENERGY AUTH AL COOPERATIVE DIST COMMODITY SPLY REV                                                                             | CUSIP: 84136GAK1<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2151725.80   | 0.11%             | 2054-01-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Chandler Industrial Development Authority                                        | CHANDLER AZ INDL DEV AUTH INDL DEV REVENUE                                                                                               | CUSIP: 158862CE0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8000000 | PA      | $8230011.20   | 0.41%             | 2049-06-01      | Floating      | 4.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Industrial Tourist Educational Medical & Envirml Ctl Facs Fing Auth  | PUERTO RICO INDL TOURIST EDUCTNL MED & ENVRNMNTL CONTROL FAC                                                                             | CUSIP: 74528LAA9<br>LEI: 549300YJRISCG6HQ4512 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1145573.70   | 0.06%             | 2045-01-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                                       | MICHIGAN ST FIN AUTH REVENUE                                                                                                             | CUSIP: 59447UAY6<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1354756.38   | 0.07%             | 2044-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | INDIANA FIN AUTH MIDWESTERN DISASTER RELIEF REVENUE                                                                                      | CUSIP: 45470CAF6<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   1085000 | PA      | $1076926.73   | 0.05%             | 2030-11-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Port of Seattle WA                                                               | PORT OF SEATTLE WA REVENUE                                                                                                               | CUSIP: 7353893T3<br>LEI: 549300T9UCDUJ3GZL429 | Long             | DBT              | MUN               | US        |   4110000 | PA      | $4753695.87   | 0.24%             | 2036-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue          | NEW YORK CITY NY TRANSITIONAL FIN AUTH REV                                                                                               | CUSIP: 64972JPT9<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1040507.90   | 0.05%             | 2053-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                  | CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE                                                                              | CUSIP: 13013JGF7<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   1950000 | PA      | $2165982.98   | 0.11%             | 2056-03-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Northern Tobacco Securitization Corp                                             | NTHRN AK TOBACCO SECURITIZATION CORP TOBACCO SETTLEMENT REVE                                                                             | CUSIP: 66585VCB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $113504.60    | 0.01%             | 2066-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | ILLINOIS FIN AUTH SURFACE FREIGHT TRANSFER FACS REVENUE                                                                                  | CUSIP: 45203PAA2<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   1450000 | PA      | $1472166.01   | 0.07%             | 2043-12-01      | Floating      | 4.12%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                          | LOS ANGELES CA DEPT OF WTR & PWR REVENUE                                                                                                 | CUSIP: 544532FP4<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |   1410000 | PA      | $1555791.32   | 0.08%             | 2038-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Washington Airports Authority Aviation Revenue                      | MET WASHINGTON DC ARPTS AUTH ARPT SYS REVENUE                                                                                            | CUSIP: 592647MS7<br>LEI: 7HERAVJJLN8J1DZ6AZ19 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1145607.10   | 0.06%             | 2034-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Downtown Revitalization Public Infrastructure District                           | DOWNTOWN REVITALIZATION PUBLIC INFRASTRUCTURE DIST UT SALES                                                                              | CUSIP: 26118TAX8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2164320.20   | 0.11%             | 2055-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Greenville Housing Authority/SC                                                  | GREENVILLE SC HSG AUTH RSDL DEV REVENUE                                                                                                  | CUSIP: 396484AA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2765761.50   | 0.14%             | 2063-05-01      | Fixed         | 6.16%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI STUDENT HSG REVENUE                                                                                                   | CUSIP: 74439YBX8<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    775000 | PA      | $780381.21    | 0.04%             | 2054-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                                                           | Long: IS3AB02   IRS USD R F   .00000 IS3AB02/MMD 2.54 20270218 / Short: IS3AB02   IRS USD P F   .00000 IS3AB13/MUNIRATELOCK/5Y/T3750     | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DIR              |  | US        |   5000000 | OU      | $9240.35      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| FHLMC Multifamily VRD Certificates                                               | FEDERAL HOME LOAN MTGE CORP MF VARIABLE RATE CTFS                                                                                        | CUSIP: 31350ADR6<br>LEI: N/A                  | Long             | DBT              | USGSE             | US        |   3230474 | PA      | $3406329.00   | 0.17%             | 2042-11-25      | Floating      | 4.53%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                       | LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE                                                                                                | CUSIP: 5444453A5<br>LEI: 549300E7TO710PTXPJ65 | Long             | DBT              | MUN               | US        |   1130000 | PA      | $1235053.05   | 0.06%             | 2045-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Chicago IL                                                               | CHICAGO IL                                                                                                                               | CUSIP: 167486E39<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |    305000 | PA      | $306456.01    | 0.02%             | 2049-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                                   | BLACK BELT ENERGY GAS DIST AL GAS PROJECT REVENUE                                                                                        | CUSIP: 09182TGW1<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   1305000 | PA      | $1434769.46   | 0.07%             | 2035-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Municipal Electric Authority of Georgia                                          | MUNI ELEC AUTH OF GEORGIA                                                                                                                | CUSIP: 6262072Q6<br>LEI: JA0WNILDDF2KUPS83B16 | Long             | DBT              | MUN               | US        |    100000 | PA      | $103030.22    | 0.01%             | 2039-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington Health Care Facilities Authority                                      | WASHINGTON ST HLTH CARE FACS AUTH                                                                                                        | CUSIP: 93978HXU4<br>LEI: 549300ZVPWQIL3N5TL85 | Long             | DBT              | MUN               | US        |    440000 | PA      | $459026.26    | 0.02%             | 2027-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Capital Projects Finance Authority/FL                                            | CAPITAL PROJS FL FIN AUTH STUDENT HSG REVENUE                                                                                            | CUSIP: 140427CQ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1835852.60   | 0.09%             | 2054-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI HOSP REVENUE                                                                                                          | CUSIP: 74442CEE0<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2036397.20   | 0.10%             | 2033-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                          | LOS ANGELES CA DEPT OF WTR & PWR REVENUE                                                                                                 | CUSIP: 544532PT5<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1650710.40   | 0.08%             | 2046-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CSCDA Community Improvement Authority                                            | CSCDA CMNTY IMPT AUTH CA ESSENTIAL HSG REVENUE                                                                                           | CUSIP: 126292AR2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1480000 | PA      | $1046355.86   | 0.05%             | 2056-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Maryland Health & Higher Educational Facilities Authority                        | MARYLAND ST HLTH & HGR EDUCTNL FACS AUTH REVENUE                                                                                         | CUSIP: 57421CLL6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1120000 | PA      | $1341400.14   | 0.07%             | 2035-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp                                                 | FLORIDA ST DEV FIN CORP                                                                                                                  | CUSIP: 340618DV6<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4975206.50   | 0.25%             | 2053-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Knox County Industrial Development Board                                         | KNOX CNTY TN INDL DEV BRD SOL WST DISPOSAL REVENUE                                                                                       | CUSIP: 499534AC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1060000 | PA      | $998528.37    | 0.05%             | 2052-11-01      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                                      | PUERTO RICO CMWLTH                                                                                                                       | CUSIP: 74514L3T2<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |   5940000 | PA      | $4054050.01   | 0.20%             | 2043-11-01      | Variable      | 1.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                       | CHICAGO IL BRD OF EDU                                                                                                                    | CUSIP: 167505PT7<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   1605000 | PA      | $1605127.28   | 0.08%             | 2033-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas Inc                                                      | MAIN STREET NATURAL GAS INC GA GAS SUPPLY REVENUE                                                                                        | CUSIP: 56035DDP4<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   1650000 | PA      | $1663962.47   | 0.08%             | 2052-08-01      | Floating      | 4.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | INDIANA ST FIN AUTH POLL CONTROL REVENUE                                                                                                 | CUSIP: 45505VAD8<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   1295000 | PA      | $1288699.44   | 0.06%             | 2030-11-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Maryland Stadium Authority                                                       | MARYLAND ST STADIUM AUTH REVENUE                                                                                                         | CUSIP: 574296CR8<br>LEI: 549300VA283TTQRDNF71 | Long             | DBT              | MUN               | US        |   4400000 | PA      | $4795199.64   | 0.24%             | 2050-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CSCDA Community Improvement Authority                                            | CSCDA CMNTY IMPT AUTH CA ESSENTIAL HSG REVENUE                                                                                           | CUSIP: 126292CM1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1626892.80   | 0.08%             | 2059-07-01      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| Maricopa County Special Health Care District                                     | MARICOPA CNTY AZ SPL HLTH CARE DIST                                                                                                      | CUSIP: 56756TAS3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7800000 | PA      | $8213227.62   | 0.41%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas Inc                                                      | MAIN STREET NATURAL GAS INC GA GAS SUPPLY REVENUE                                                                                        | CUSIP: 56035DHZ8<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   1570000 | PA      | $1709920.76   | 0.09%             | 2054-04-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI MUNI CTFS                                                                                                             | CUSIP: 74449EAA1<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   2400000 | PA      | $2403441.60   | 0.12%             | 2063-06-15      | Floating      | 3.62%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                           | CALIFORNIA ST MUNI FIN AUTH STUDENT HSG REVENUE                                                                                          | CUSIP: 13049YDU2<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   2250000 | PA      | $2347839.23   | 0.12%             | 2038-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Nuveen California AMT-Free Quality Municipal Income Fund                         | Nuveen California AMT-Free Quality Municipal Income Fund                                                                                 | CUSIP: 670651868<br>LEI: 5493005SR7RRUAG9VK19 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2000000.00   | 0.10%             | 2047-10-01      | Floating      | 2.33%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                         | MASSACHUSETTS ST DEV FIN AGY REVENUE                                                                                                     | CUSIP: 57584XJZ5<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   2385000 | PA      | $2398138.01   | 0.12%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ohio Higher Educational Facility Commission                                      | OHIO ST HGR EDUCTNL FAC COMMISSION                                                                                                       | CUSIP: 67756DF27<br>LEI: 5493007MQT6NGNN6BR81 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4091938.40   | 0.20%             | 2052-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas Inc                                                      | MAIN STREET NATURAL GAS INC GA GAS SUPPLY REVENUE                                                                                        | CUSIP: 56035DGC0<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5159380.00   | 0.26%             | 2053-12-01      | Floating      | 4.16%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | ILLINOIS ST                                                                                                                              | CUSIP: 452152Q20<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   8700000 | PA      | $9065913.30   | 0.45%             | 2028-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                              | WISCONSIN ST HLTH & EDUCTNL FACS AUTH REVENUE                                                                                            | CUSIP: 97712JEE9<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $792847.50    | 0.04%             | 2057-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Washington Health Care Facilities Authority                                      | WASHINGTON ST HLTH CARE FACS AUTH                                                                                                        | CUSIP: 93978HYA7<br>LEI: 549300ZVPWQIL3N5TL85 | Long             | DBT              | MUN               | US        |    490000 | PA      | $539971.72    | 0.03%             | 2033-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Palm Beach FL                                                          | PALM BEACH CNTY FL REVENUE                                                                                                               | CUSIP: 696547HT8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $104192.26    | 0.01%             | 2033-06-01      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| City of Fort Wayne IN                                                            | FORT WAYNE IN ECON DEV SOLID WST FAC REVENUE                                                                                             | CUSIP: 34924CAB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    105461 | PA      | $10.55        | 0.00%             | 2029-12-01      | Fixed         | 10.75%                | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI REVENUE                                                                                                               | CUSIP: 74442PF91<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    923770 | PA      | $927591.59    | 0.05%             | 2038-12-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Metropolitan Pier & Exposition Authority                                         | MET PIER & EXPOSITION AUTH IL REVENUE                                                                                                    | CUSIP: 592250CL6<br>LEI: 254900I3VDCQ58UGBR15 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $998147.90    | 0.05%             | 2057-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port of Greater Cincinnati Development Authority                                 | PORT OF GTR CINCINNATI DEV AUTH OH REVENUE                                                                                               | CUSIP: 734195EE6<br>LEI: 549300IK2RCZBY62ST97 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $964243.90    | 0.05%             | 2058-12-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Hillsborough County Industrial Development Authority                             | HILLSBOROUGH CNTY FLA INDL DEVAUTH HEALTH SYS REVENUE                                                                                    | CUSIP: 43233KAV6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1847538.80   | 0.09%             | 2051-11-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| California Community Housing Agency                                              | CALIFORNIA CMNTY HSG AGY ESSENTIAL HSG REVENUE                                                                                           | CUSIP: 13013FAL8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4290001.00   | 0.21%             | 2056-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Government of Nashville & Davidson County TN Water & Sewer Revenue  | MET GOVT NASHVILLE & DAVIDSON CNTY TN WTR & SWR REVENUE                                                                                  | CUSIP: 5920983Q8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5230960.00   | 0.26%             | 2050-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington Health Care Facilities Authority                                      | WASHINGTON ST HLTH CARE FACS AUTH                                                                                                        | CUSIP: 93978HYB5<br>LEI: 549300ZVPWQIL3N5TL85 | Long             | DBT              | MUN               | US        |    425000 | PA      | $421934.05    | 0.02%             | 2034-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Southeast Energy Authority A Cooperative District                                | SOUTHEAST ENERGY AUTHORITY A COOPERATIVE                                                                                                 | CUSIP: 84136HCP6<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |   1245000 | PA      | $1394230.93   | 0.07%             | 2035-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maryland Economic Development Corp                                               | MARYLAND ST ECON DEV CORP PRIV ACTIVITY REVENUE                                                                                          | CUSIP: 57422JBZ0<br>LEI: 549300JJ16DDBSZWSN94 | Long             | DBT              | MUN               | US        |   6000000 | PA      | $6021402.60   | 0.30%             | 2052-06-30      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority                                            | MET TRANSPRTN AUTH NY REVENUE                                                                                                            | CUSIP: 59261A6D4<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1108374.70   | 0.06%             | 2042-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lancaster Port Authority                                                         | LANCASTER OH PORT AUTH GAS REVENUE                                                                                                       | CUSIP: 514401BN7<br>LEI: 5493007EGWLFDZJFF129 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1080366.20   | 0.05%             | 2055-02-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                                   | BLACK BELT ENERGY GAS DIST AL GAS PROJECT REVENUE                                                                                        | CUSIP: 09182TDU8<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2168253.60   | 0.11%             | 2055-05-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| California Pollution Control Financing Authority                                 | CALIFORNIA ST POLL CONTROL FING AUTH WTR FURNISHING REVENUE                                                                              | CUSIP: 13054WAB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5795000 | PA      | $5816921.91   | 0.29%             | 2037-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Berks County Municipal Authority/The                                             | BERKS CNTY PA MUNI AUTH                                                                                                                  | CUSIP: 084538JF5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    135000 | PA      | $145621.33    | 0.01%             | 2034-06-30      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Port of Seattle WA                                                               | PORT OF SEATTLE WA REVENUE                                                                                                               | CUSIP: 735389U71<br>LEI: 549300T9UCDUJ3GZL429 | Long             | DBT              | MUN               | US        |   2495000 | PA      | $2819085.78   | 0.14%             | 2033-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Bank of America NA                                                               | Long: IS34966   IRS USD R F   .00000 IS34966/MMD 3.66 05052025 / Short: IS34966   IRS USD P F   .00000 IS34977/MUNIRATELOCK/10Y/T3750    | CUSIP: 000000000<br>LEI: B4TYDEB6GKMZO031MB27 | N/A              | DIR              |  | US        |   2500000 | OU      | $249985.83    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Wilson County Health & Educational Facilities Board                              | WILSON CNTY TN HLTH & EDUCTNL FACS BRD MF REVENUE                                                                                        | CUSIP: 972178AD9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    990000 | PA      | $820952.55    | 0.04%             | 2039-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Cape Coral Health Facilities Authority                                           | CAPE CORAL FL HLTH FACS AUTH                                                                                                             | CUSIP: 13937TCF2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $701141.70    | 0.04%             | 2040-07-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Intercontinental Exchange, Inc.                                                  | Long: BS373E1   CDS USD R V 03MEVENT IS373F2 CCPCDX / Short: BS373E1   CDS USD P F  5.00000 IS373E1 CCPCDX                               | CUSIP: 000000000<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DCR              |  | US        |  40788000 | OU      | $-3157944.11  | -0.16%            |  |  |  | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                              | WISCONSIN ST HLTH & EDUCTNL FACS AUTH REVENUE                                                                                            | CUSIP: 97712JBQ5<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   1375000 | PA      | $1434391.48   | 0.07%             | 2035-10-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily VRD Certificates                                               | FEDERAL HOME LOAN MTGE CORP MF VARIABLE RATE CTFS                                                                                        | CUSIP: 31350AEA2<br>LEI: N/A                  | Long             | DBT              | USGSE             | US        |   1000000 | PA      | $1067680.10   | 0.05%             | 2040-10-25      | Fixed         | 4.64%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                         | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE                                                                                           | CUSIP: 650116JP2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1067248.80   | 0.05%             | 2055-06-30      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Monongalia County Commission Excise Tax District                                 | MONONGALIA CNTY WV COMMISSION SPL DIST EXCISE TAX REVENUE                                                                                | CUSIP: 61022CAM1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    760000 | PA      | $172290.25    | 0.01%             | 2053-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Iowa Finance Authority                                                           | IOWA ST FIN AUTH REVENUE                                                                                                                 | CUSIP: 46247SBS2<br>LEI: 549300NQVL49BTHOW391 | Long             | DBT              | MUN               | US        |    820000 | PA      | $745689.30    | 0.04%             | 2041-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Brooklyn Park MN                                                         | BROOKLYN PARK MN MF HSG REVENUE                                                                                                          | CUSIP: 11423TAC6<br>LEI: 549300SRSB2KMQNYBB75 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1531767.90   | 0.08%             | 2041-07-01      | Fixed         | 6.26%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | INDIANA FIN AUTH IN WSTWTR UTIL REVENUE                                                                                                  | CUSIP: 45505MPH3<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   2125000 | PA      | $2497379.48   | 0.13%             | 2035-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Commonwealth Aqueduct & Sewer Authority                              | PUERTO RICO CMWLTH AQUEDUCT & SWR AUTH REVENUE                                                                                           | CUSIP: 745160TV3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1998840.00   | 0.10%             | 2026-07-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| City of Houston TX Hotel Occupancy Tax & Special Revenue                         | HOUSTON TX HOTEL OCCUPANCY TAX & SPL REVENUE                                                                                             | CUSIP: 44237NHR6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2504875.00   | 0.13%             | 2031-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Shakopee MN Senior Housing Revenue                                       | SHAKOPEE MN SENIORHSG REVENUE                                                                                                            | CUSIP: 81919TAE6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1600000 | PA      | $1613968.16   | 0.08%             | 2055-11-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Texas Municipal Gas Acquisition & Supply Corp V                                  | TEXAS ST MUNI GAS ACQUISITION & SPLY CORP V GAS SPLY REVENUE                                                                             | CUSIP: 88256RAK2<br>LEI: 254900XZ4J30QIJO9G03 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5471303.50   | 0.27%             | 2055-01-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Territory of Guam                                                                | GUAM GOVT                                                                                                                                | CUSIP: 40065BCQ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    185000 | PA      | $196710.06    | 0.01%             | 2031-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                         | MASSACHUSETTS ST DEV FIN AGY REVENUE                                                                                                     | CUSIP: 57584XJF9<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10057722.00  | 0.50%             | 2041-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Parish of St John the Baptist LA                                                 | SAINT JOHN THE BAPTIST PARISH LA REVENUE                                                                                                 | CUSIP: 79020FBB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1119098.53   | 0.06%             | 2037-06-01      | Floating      | 3.30%                 | No            |                  2 | On Loan: No      |
| North Carolina Turnpike Authority                                                | NORTH CAROLINA ST TURNPIKE AUTH                                                                                                          | CUSIP: 65830RDE6<br>LEI: 549300FCT1PN0GJGQ240 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $542896.60    | 0.03%             | 2053-01-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                              | WISCONSIN ST HLTH & EDUCTNL FACS AUTH REVENUE                                                                                            | CUSIP: 97712JBR3<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   2600000 | PA      | $2692548.56   | 0.13%             | 2036-10-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                             | TRIBOROUGH NY BRIDGE & TUNNEL AUTH PAYROLL MOBILITY TAX                                                                                  | CUSIP: 89602HAL1<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1622693.60   | 0.08%             | 2040-05-15      | Fixed         | 2.92%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs-Economic Development Authority                               | SOUTH CAROLINA ST JOBS-ECON DEV AUTH SENIOR LIVING REVENUE                                                                               | CUSIP: 83704KAC4<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |   1485000 | PA      | $1503268.77   | 0.08%             | 2060-10-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Industrial Tourist Educational Medical & Envirml Ctl Facs Fing Auth  | PUERTO RICO INDL TOURIST EDUCTNL MED & ENVRNMNTL CONTROL FAC                                                                             | CUSIP: 74528KAA1<br>LEI: 549300YJRISCG6HQ4512 | Long             | DBT              | MUN               | US        |    321703 | PA      | $321604.01    | 0.02%             | 2027-01-01      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Health & Educational Facilities Authority of the State of Missouri               | MISSOURI ST HLTH & EDUCTNL FACS AUTH HLTH FACS REVENUE                                                                                   | CUSIP: 60637AWK4<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10753764.00  | 0.54%             | 2048-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Alameda Corridor Transportation Authority                                        | ALAMEDA CA CORRIDOR TRANSPRTN AUTH REVENUE                                                                                               | CUSIP: 010869MM4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $523628.40    | 0.03%             | 2053-10-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Southeast Energy Authority A Cooperative District                                | SOUTHEAST ENERGY AUTH AL COMMODITY SPLY REVENUE                                                                                          | CUSIP: 84136FBB2<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1050940.30   | 0.05%             | 2053-05-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Tempe Industrial Development Authority                                           | TEMPE AZ INDL DEV AUTH REVENUE                                                                                                           | CUSIP: 87972MAW2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1055456.40   | 0.05%             | 2037-10-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Monmouth County Improvement Authority/The                                        | MONMOUTH CNTY NJ IMPT AUTH REVENUE                                                                                                       | CUSIP: 60956PV41<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1526094.60   | 0.08%             | 2027-03-12      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Virginia Small Business Financing Authority                                      | VIRGINIA ST SMALL BUSINESS FING AUTH REVENUE                                                                                             | CUSIP: 928104ND6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $811588.20    | 0.04%             | 2051-01-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Arizona Industrial Development Authority                                         | ARIZONA ST INDL DEV AUTH MF HSG REVENUE                                                                                                  | CUSIP: 04062PCT6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2010700.20   | 0.10%             | 2043-01-01      | Fixed         | 5.68%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Massachusetts                                                    | MASSACHUSETTS ST                                                                                                                         | CUSIP: 57582TCE0<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5246557.00   | 0.26%             | 2054-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lewisville Independent School District                                           | LEWISVILLE TX INDEP SCH DIST                                                                                                             | CUSIP: 52882PHQ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1030000 | PA      | $1172238.78   | 0.06%             | 2039-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arkansas Development Finance Authority                                           | ARKANSAS DEV FIN AUTH ENVIRONMENTAL REVENUE                                                                                              | CUSIP: 04110FAA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $504017.80    | 0.03%             | 2052-09-01      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| Anaheim Public Financing Authority                                               | ANAHEIM CA PUBLIC FING AUTH LEASE REVENUE                                                                                                | CUSIP: 03255LBR9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1749604.60   | 0.09%             | 2031-09-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Maryland Health & Higher Educational Facilities Authority                        | MARYLAND ST HLTH & HGR EDUCTNL FACS AUTH REVENUE                                                                                         | CUSIP: 5742188K2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2960000 | PA      | $3010691.78   | 0.15%             | 2046-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CSCDA Community Improvement Authority                                            | CSCDA CMNTY IMPT AUTH CA ESSENTIAL HSG REVENUE                                                                                           | CUSIP: 126292BY6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1047330.30   | 0.05%             | 2058-12-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Eastern Illinois Economic Development Authority                                  | EASTERN IL ECON DEV AUTH SPL OBLIG REVENUE                                                                                               | CUSIP: 276522AB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1024732.80   | 0.05%             | 2040-02-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Delaware State Economic Development Authority                                    | DELAWARE ST ECON DEV AUTH REVENUE                                                                                                        | CUSIP: 246387RS5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    550000 | PA      | $550354.09    | 0.03%             | 2046-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                  | CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE                                                                              | CUSIP: 13013JHG4<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   4085000 | PA      | $4574956.13   | 0.23%             | 2056-10-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Massachusetts                                                    | MASSACHUSETTS ST SPL OBLG REVENUE                                                                                                        | CUSIP: 576004HG3<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |    398094 | PA      | $401492.40    | 0.02%             | 2031-07-15      | Fixed         | 4.11%                 | No            |                  2 | On Loan: No      |
| Golden State Tobacco Securitization Corp                                         | GOLDEN ST TOBACCO SECURITIZATION CORP CA TOBACCO SETTLEMENT                                                                              | CUSIP: 38122NB84<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  13960000 | PA      | $1488352.38   | 0.07%             | 2066-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Mission Economic Development Corp                                                | MISSION TX ECON DEV CORP REVENUE                                                                                                         | CUSIP: 605156AC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4200000 | PA      | $4217023.86   | 0.21%             | 2031-10-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Industrial Tourist Educational Medical & Envirml Ctl Facs Fing Auth  | PUERTO RICO INDL TOURIST EDUCTNL MED & ENVRNMNTL CONTROL FAC                                                                             | CUSIP: 74528KAB9<br>LEI: 549300YJRISCG6HQ4512 | Long             | DBT              | MUN               | US        |   2453574 | PA      | $2457655.27   | 0.12%             | 2028-01-01      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Maricopa County Industrial Development Authority                                 | MARICOPA CNTY AZ INDL DEV AUTH HOSP REVENUE                                                                                              | CUSIP: 56678PCJ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1225000 | PA      | $1345160.86   | 0.07%             | 2042-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Minneapolis-St Paul Metropolitan Airports Commission                             | MINNEAPOLIS-SAINT PAUL MN MET ARPTS COMMISSION ARPT REVENUE                                                                              | CUSIP: 603827Q41<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2179992.00   | 0.11%             | 2041-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Multifamily                                                          | Freddie Mac Multifamily ML Certificates                                                                                                  | CUSIP: 35833JAK3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1224484 | PA      | $1010500.30   | 0.05%             | 2038-01-25      | Fixed         | 2.03%                 | No            |                  2 | On Loan: No      |
| Illinois Housing Development Authority                                           | ILLINOIS ST HSG DEV AUTH MF HSG REVENUE                                                                                                  | CUSIP: 45203LDS9<br>LEI: 54930053Z6M9JVHBQZ16 | Long             | DBT              | MUN               | US        |    150000 | PA      | $157075.02    | 0.01%             | 2038-11-01      | Fixed         | 7.17%                 | No            |                  2 | On Loan: No      |
| City of Las Vegas NV                                                             | LAS VEGAS NV                                                                                                                             | CUSIP: 5176964Y3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1402993.90   | 0.07%             | 2027-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs-Economic Development Authority                               | SOUTH CAROLINA ST JOBS-ECON DEV AUTH HOSP REVENUE                                                                                        | CUSIP: 83703FLP5<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1010184.10   | 0.05%             | 2048-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                   | NEW JERSEY ST TRANSPRTN TRUST FUND AUTH                                                                                                  | CUSIP: 6461362D2<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   2175000 | PA      | $2191264.43   | 0.11%             | 2029-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Housing Development Corp                                           | NEW YORK CITY NY HSG DEV CORP MF MTGE REVENUE                                                                                            | CUSIP: 64966TGW8<br>LEI: 549300SQWVHKBRF8D702 | Long             | DBT              | MUN               | US        |    415000 | PA      | $428624.57    | 0.02%             | 2031-12-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Dallas Fort Worth International Airport                                          | DALLAS-FORT WORTH TX INTERNATIONAL ARPT REVENUE                                                                                          | CUSIP: 23503CAN7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $905367.60    | 0.05%             | 2051-11-01      | Fixed         | 4.51%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | ILLINOIS FIN AUTH SURFACE FREIGHT TRANSFER FACS REVENUE                                                                                  | CUSIP: 45203PAD6<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1049797.30   | 0.05%             | 2043-12-01      | Floating      | 4.80%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp                                                 | FLORIDA ST DEV FIN CORP EDUCTNL FACS LEASE REVENUE                                                                                       | CUSIP: 34062FAC4<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1028590.90   | 0.05%             | 2057-06-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH SPL REVENUE                                                                                                         | CUSIP: 63608TAS9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1684000 | PA      | $1686278.62   | 0.08%             | 2033-12-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Metropolitan Nashville Airport Authority/The                                     | MET NASHVILLE TN ARPT AUTH ARPT REVENUE                                                                                                  | CUSIP: 592190SM5<br>LEI: 549300IC0HNF8TDXEE63 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1127918.40   | 0.06%             | 2039-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI STUDENT HSG REVENUE                                                                                                   | CUSIP: 74439YBY6<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    750000 | PA      | $754785.38    | 0.04%             | 2058-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Mexico Municipal Energy Acquisition Authority                                | NEW MEXICO ST MUNI ENERGY ACQUISITION AUTH GAS SPLY                                                                                      | CUSIP: 647207BL2<br>LEI: 549300KZGG2YNDKKCE92 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5418109.50   | 0.27%             | 2054-06-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Knox County Industrial Development Board                                         | KNOX CNTY TN INDL DEV BRD SOL WST DISPOSAL REVENUE                                                                                       | CUSIP: 499534AB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $993849.10    | 0.05%             | 2042-11-01      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| County of Miami-Dade FL Aviation Revenue                                         | MIAMI-DADE CNTY FL AVIATION REVENUE                                                                                                      | CUSIP: 59333P7M4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1146525.70   | 0.06%             | 2035-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maryland Stadium Authority                                                       | MARYLAND STADIUM AUTH BUILT TO LEARN REVENUE                                                                                             | CUSIP: 574294CR3<br>LEI: 549300VA283TTQRDNF71 | Long             | DBT              | MUN               | US        |   4735000 | PA      | $5108026.14   | 0.26%             | 2045-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Detroit MI Sewage Disposal System Revenue                                | DETROIT MI SWR DISP SYS REVENUE                                                                                                          | CUSIP: 251237W66<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4995449.00   | 0.25%             | 2032-07-01      | Floating      | 3.23%                 | No            |                  2 | On Loan: No      |
| Metropolitan Washington Airports Authority Aviation Revenue                      | MET WASHINGTON DC ARPTS AUTH ARPT SYS REVENUE                                                                                            | CUSIP: 592647NS6<br>LEI: 7HERAVJJLN8J1DZ6AZ19 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1169413.60   | 0.06%             | 2035-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Miami-Dade FL Aviation Revenue                                         | MIAMI-DADE CNTY FL AVIATION REVENUE                                                                                                      | CUSIP: 59333P7N2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $11358836.00  | 0.57%             | 2036-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Territory of Guam                                                                | GUAM GOVT LTD OBLG REVENUE                                                                                                               | CUSIP: 40065HDQ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    790000 | PA      | $799305.09    | 0.04%             | 2032-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                                      | PUERTO RICO CMWLTH                                                                                                                       | CUSIP: 74514L4E4<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $793750.00    | 0.04%             | 2051-11-01      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| Washington State Housing Finance Commission                                      | Washington State Housing Finance Commission                                                                                              | CUSIP: 93978TS67<br>LEI: 549300YL1HU59NREG764 | Long             | ABS-MBS          | CORP              | US        |   1832697 | PA      | $67925.80     | 0.00%             | 2035-12-20      | Variable      | 0.73%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH EDU REVENUE                                                                                                         | CUSIP: 63607EAC8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $988409.30    | 0.05%             | 2055-08-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH MUNI CTFS                                                                                                           | CUSIP: 63607WBN3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3482259 | PA      | $3501597.13   | 0.18%             | 2042-11-20      | Variable      | 4.22%                 | No            |                  2 | On Loan: No      |
| Patriots Energy Group Financing Agency                                           | PATRIOTS ENERGY GROUP FING AGY SC GAS SPLY REVENUE                                                                                       | CUSIP: 70342PAS3<br>LEI: 5493008X0DFBVFH4HL19 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5196625.00   | 0.26%             | 2054-02-01      | Floating      | 4.36%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH MUNI CTFS                                                                                                           | CUSIP: 63607WAE4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3813460 | PA      | $3892134.04   | 0.19%             | 2036-10-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Tacoma WA Electric System Revenue                                        | TACOMA WA ELEC SYS REVENUE                                                                                                               | CUSIP: 873519RB0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  14785000 | PA      | $15805586.37  | 0.79%             | 2055-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                                   | BLACK BELT ENERGY GAS DIST AL GAS PROJECT REVENUE                                                                                        | CUSIP: 09182TFT9<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   1205000 | PA      | $1337842.57   | 0.07%             | 2055-12-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | ILLINOIS ST FIN AUTH REVENUE                                                                                                             | CUSIP: 45204FHC2<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   2966072 | PA      | $2171807.45   | 0.11%             | 2060-05-15      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp                                                 | FLORIDA ST DEV FIN CORP EDUCTNL FACS REVENUE                                                                                             | CUSIP: 34061ULK2<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $953365.10    | 0.05%             | 2057-08-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                             | COLORADO ST HLTH FACS AUTH REVENUE                                                                                                       | CUSIP: 19648FPQ1<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1029126.20   | 0.05%             | 2044-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Halifax Hospital Medical Center                                                  | HALIFAX FL HOSP MED CTR                                                                                                                  | CUSIP: 405815LG4<br>LEI: 549300H6HDJUXLEMUW23 | Long             | DBT              | MUN               | US        |   2190000 | PA      | $2198797.67   | 0.11%             | 2036-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Hamilton County & Chattanooga Sports Authority                                   | HAMILTON CNTY & CHATTANOOGA SPORTS AUTH TN PUB FAC REVENUE                                                                               | CUSIP: 407081AW8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2400000 | PA      | $2712520.32   | 0.14%             | 2055-12-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Greater Orlando Aviation Authority                                               | GTR ORLANDO FL AVIATION AUTH ARPT FACS REVENUE                                                                                           | CUSIP: 392275EZ2<br>LEI: 549300CP6PUG5S184F61 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1699470.30   | 0.09%             | 2037-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Miami-Dade County Industrial Development Authority                               | MIAMI-DADE CNTY FL INDL DEV AUTH STUDENT HSG REVENUE                                                                                     | CUSIP: 59334JAE1<br>LEI: 549300RM19LZY32DAU30 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1036252.40   | 0.05%             | 2065-07-01      | Floating      | 5.38%                 | No            |                  2 | On Loan: No      |
| City of Charlotte NC Airport Revenue                                             | CHARLOTTE NC ARPT REVENUE                                                                                                                | CUSIP: 161036WK0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1323589.13   | 0.07%             | 2044-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Columbus MN                                                              | COLUMBUS MN MF HSG REVENUE                                                                                                               | CUSIP: 19934QAA1<br>LEI: 549300GVOKSE82SHJK80 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1549763.40   | 0.08%             | 2041-12-01      | Fixed         | 5.98%                 | No            |                  2 | On Loan: No      |
| City of New Orleans LA Water System Revenue                                      | NEW ORLEANS LA WTR REVENUE                                                                                                               | CUSIP: 647753MN9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $783383.60    | 0.04%             | 2041-12-01      | Fixed         | 2.89%                 | No            |                  2 | On Loan: No      |
| Municipal Electric Authority of Georgia                                          | MUNI ELEC AUTH OF GEORGIA                                                                                                                | CUSIP: 626207X25<br>LEI: JA0WNILDDF2KUPS83B16 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2008890.80   | 0.10%             | 2049-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hope Cultural Education Facilities Finance Corp                              | NEW HOPE CULTURAL ED FACS FIN CORP TX RETIREMENT FAC REVENUE                                                                             | CUSIP: 64542UFQ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    970000 | PA      | $970000.00    | 0.05%             | 2036-11-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI REVENUE                                                                                                               | CUSIP: 74442PF59<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1057057.10   | 0.05%             | 2044-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Burbank-Glendale-Pasadena Airport Authority Brick Campaign                       | BURBANK GLENDALE PASADENA CA ARPT AUTH ARPT REVENUE                                                                                      | CUSIP: 120827DR8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2303944.20   | 0.12%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Health & Educational Facilities Authority of the State of Missouri               | MISSOURI ST HLTH & EDUCTNL FACS AUTH                                                                                                     | CUSIP: 60635H2S7<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |   2695000 | PA      | $2750195.22   | 0.14%             | 2042-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley & Co. LLC                                                         | Long: IS32SZ2   IRS USD R F   .00000 IS32SZ2/MMD 3.35 03112025 / Short: IS32SZ2   IRS USD P F   .00000 IS32T04/MUNIRATELOCK/10Y/T3750    | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DIR              |  | US        |   2500000 | OU      | $201920.85    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Washington Health Care Facilities Authority                                      | WASHINGTON ST HLTH CARE FACS AUTH                                                                                                        | CUSIP: 93978HXX8<br>LEI: 549300ZVPWQIL3N5TL85 | Long             | DBT              | MUN               | US        |    265000 | PA      | $294522.83    | 0.01%             | 2030-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Dallas Fort Worth International Airport                                          | DALLAS-FORT WORTH TX INTERNATIONAL ARPT REVENUE                                                                                          | CUSIP: 23503CGA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3565000 | PA      | $4049349.81   | 0.20%             | 2039-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Massachusetts Transportation Fund Revenue                        | MASSACHUSETTS ST TRANSPRTN FUND REVENUE                                                                                                  | CUSIP: 57604TKK1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5230462.50   | 0.26%             | 2051-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                   | NEW JERSEY ST TRANSPRTN TRUST FUND AUTH                                                                                                  | CUSIP: 64613CBN7<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   7585000 | PA      | $7054511.93   | 0.35%             | 2050-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City & County of Denver CO Airport System Revenue                                | DENVER CITY & CNTY CO ARPT REVENUE                                                                                                       | CUSIP: 249182SX5<br>LEI: MMTY7HA2MSCBUO4F7J71 | Long             | DBT              | MUN               | US        |   1770000 | PA      | $1962898.85   | 0.10%             | 2029-11-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Bristol Industrial Development Board                                             | BRISTOL TN INDL DEV BRD ST SALES TAX REVENUE                                                                                             | CUSIP: 11023PAB0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2785000 | PA      | $2750979.28   | 0.14%             | 2035-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority                                            | MET TRANSPRTN AUTH NY REVENUE                                                                                                            | CUSIP: 59261AJR9<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5081088.00   | 0.25%             | 2031-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Patriots Energy Group Financing Agency                                           | PATRIOTS ENERGY GROUP FING AGY SC GAS SPLY REVENUE                                                                                       | CUSIP: 70342PAN4<br>LEI: 5493008X0DFBVFH4HL19 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2198244.20   | 0.11%             | 2054-10-01      | Floating      | 5.25%                 | No            |                  2 | On Loan: No      |
| LAST STEP RECYCLING LLC                                                          | LAST STEP RECYCLING LLC                                                                                                                  | CUSIP: 518118AA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    572297 | PA      | $572297.00    | 0.03%             | 2028-12-15      | Fixed         | 9.50%                 | No            |                  3 | On Loan: No      |
| Metropolitan Transportation Authority                                            | MET TRANSPRTN AUTH NY REVENUE                                                                                                            | CUSIP: 59261AH26<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1052423.40   | 0.05%             | 2043-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Dakota County Community Development Agency                                       | DAKOTA CNTY MN CMNTY DEV AGY MF HSG REVENUE                                                                                              | CUSIP: 23409VFM7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1415000 | PA      | $1432424.17   | 0.07%             | 2041-07-01      | Fixed         | 5.66%                 | No            |                  2 | On Loan: No      |
| CMFA Special Finance Agency                                                      | CMFA SPL FIN AGY CA ESSENTIAL HSG REVENUE                                                                                                | CUSIP: 12574WAA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $876839.40    | 0.04%             | 2056-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Southern California Public Power Authority                                       | STHRN CALIFORNIA ST PUBLIC PWR AUTH STHRN TRANSMISSION SYSTE                                                                             | CUSIP: 842469BJ6<br>LEI: 5493003B5TD5FWUKMD34 | Long             | DBT              | MUN               | US        |   1535000 | PA      | $1617822.31   | 0.08%             | 2048-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Dakota Housing Development Authority                                       | SOUTH DAKOTA ST HSG DEV AUTH MF HSG REVENUE                                                                                              | CUSIP: 83756DAA1<br>LEI: 549300G853EK61667C18 | Long             | DBT              | MUN               | US        |    400000 | PA      | $420914.52    | 0.02%             | 2039-09-01      | Fixed         | 6.15%                 | No            |                  2 | On Loan: No      |
| Ohio Higher Educational Facility Commission                                      | OHIO ST HGR EDUCTNL FAC COMMISSION                                                                                                       | CUSIP: 67756DY34<br>LEI: 5493007MQT6NGNN6BR81 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1017403.20   | 0.05%             | 2045-10-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Tennessee Energy Acquisition Corp                                                | TENNESSEE ST ENERGY ACQUISITION CORP GAS REVENUE                                                                                         | CUSIP: 880443JF4<br>LEI: 549300OJ2Z8PGEY46K92 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2088953.20   | 0.10%             | 2053-05-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority                                            | MET TRANSPRTN AUTH NY REVENUE                                                                                                            | CUSIP: 59261A5C7<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |   2160000 | PA      | $2347130.52   | 0.12%             | 2045-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                             | TRIBOROUGH NY BRIDGE & TUNNEL AUTH PAYROLL MOBILITY TAX                                                                                  | CUSIP: 89602HAJ6<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1712424.20   | 0.09%             | 2036-05-15      | Fixed         | 2.59%                 | No            |                  2 | On Loan: No      |
| New York Energy Finance Development Corp                                         | NEW YORK ENERGY FIN DEV CORP                                                                                                             | CUSIP: 64947PAA4<br>LEI: 254900PRGXZMJ912RI65 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2145375.00   | 0.11%             | 2056-07-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | ILLINOIS ST FIN AUTH REVENUE                                                                                                             | CUSIP: 45204EBW7<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2013757.40   | 0.10%             | 2040-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington Health Care Facilities Authority                                      | WASHINGTON ST HLTH CARE FACS AUTH                                                                                                        | CUSIP: 93978HXZ3<br>LEI: 549300ZVPWQIL3N5TL85 | Long             | DBT              | MUN               | US        |    225000 | PA      | $248905.67    | 0.01%             | 2032-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Powhatan County Economic Development Authority                                   | POWHATAN CNTY VA ECON DEV AUTH GRANT REVENUE                                                                                             | CUSIP: 73937XAA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1007940.20   | 0.05%             | 2060-09-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                              | NEW YORK NY                                                                                                                              | CUSIP: 64966QZY9<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |   5205000 | PA      | $5043331.14   | 0.25%             | 2027-08-01      | Fixed         | 1.40%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                                   | BLACK BELT ENERGY GAS DIST AL GAS PROJECT REVENUE                                                                                        | CUSIP: 09182TGL5<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   2850000 | PA      | $3116164.07   | 0.16%             | 2056-11-01      | Floating      | 5.50%                 | No            |                  2 | On Loan: No      |
| Indianapolis Local Public Improvement Bond Bank                                  | INDIANAPOLIS IN LOCAL PUBLIC IMPT BOND BANK                                                                                              | CUSIP: 45528U6W6<br>LEI: 549300LX8ESJHDSESB87 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1078359.00   | 0.05%             | 2043-03-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| County of Trimble KY                                                             | TRIMBLE CNTY KY POLL CONTROL REVENUE                                                                                                     | CUSIP: 896224BA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1460165.25   | 0.07%             | 2044-09-01      | Floating      | 1.30%                 | No            |                  2 | On Loan: No      |
| Town of Oyster Bay NY                                                            | OYSTER BAY NY                                                                                                                            | CUSIP: 692160VF8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2544984.75   | 0.13%             | 2027-03-05      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Johnstown Plaza Metropolitan District                                            | JOHNSTOWN PLAZA MET DIST CO                                                                                                              | CUSIP: 479706AA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    982000 | PA      | $965899.32    | 0.05%             | 2046-12-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily VRD Certificates                                               | FEDERAL HOME LOAN MTGE CORP MF VARIABLE RATE CTFS                                                                                        | CUSIP: 31350ADY1<br>LEI: N/A                  | Long             | DBT              | USGSE             | US        |   1997103 | PA      | $2108550.91   | 0.11%             | 2042-06-25      | Floating      | 4.60%                 | No            |                  2 | On Loan: No      |
| Texas Municipal Gas Acquisition & Supply Corp IV                                 | TEXAS ST MUNI GAS ACQUISITION& SPLY CORP IV                                                                                              | CUSIP: 88256PAT7<br>LEI: 549300PTUE847QDBBW22 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2261345.80   | 0.11%             | 2054-01-01      | Floating      | 5.50%                 | No            |                  2 | On Loan: No      |
| Arlington Higher Education Finance Corp                                          | ARLINGTON TX HGR EDU FIN CORP EDU REVENUE                                                                                                | CUSIP: 041807PU6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1630000 | PA      | $1684986.75   | 0.08%             | 2045-06-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| County of Hudson NJ                                                              | HUDSON CNTY NJ                                                                                                                           | CUSIP: 44372ADV4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4066820.40   | 0.20%             | 2027-02-24      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                          | LOS ANGELES CA DEPT OF WTR & PWR REVENUE                                                                                                 | CUSIP: 544532LV4<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |   1330000 | PA      | $1509388.67   | 0.08%             | 2038-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington Health Care Facilities Authority                                      | WASHINGTON ST HLTH CARE FACS AUTH                                                                                                        | CUSIP: 93978HZP3<br>LEI: 549300ZVPWQIL3N5TL85 | Long             | DBT              | MUN               | US        |   1620000 | PA      | $1829552.99   | 0.09%             | 2039-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Capital Trust Authority                                                          | CAPITAL TRUST AUTH FL REVENUE                                                                                                            | CUSIP: 14055AAG7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1007423.70   | 0.05%             | 2055-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Florida Higher Educational Facilities Financing Authority                        | FLORIDA ST HGR EDUCTNL FACS FINANCIAL AUTH REVENUE                                                                                       | CUSIP: 34073TGF8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1125000 | PA      | $1126802.14   | 0.06%             | 2032-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| National Finance Authority                                                       | New Hampshire Business Finance Authority                                                                                                 | CUSIP: 63607WAF1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3818451 | PA      | $156782.53    | 0.01%             | 2036-10-01      | Variable      | 0.68%                 | No            |                  2 | On Loan: No      |
| Florida Housing Finance Corp                                                     | FLORIDA ST HSG FIN CORP MF MTGE REVENUE                                                                                                  | CUSIP: 34074HHL9<br>LEI: 549300W0PCIJCI0JCF10 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1005073.60   | 0.05%             | 2029-08-01      | Floating      | 3.62%                 | No            |                  2 | On Loan: No      |
| California Infrastructure & Economic Development Bank                            | CALIFORNIA ST INFRASTRUCTURE & ECON DEV BANK REVENUE                                                                                     | CUSIP: 13034A5Z9<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2049939.40   | 0.10%             | 2054-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Greater Orlando Aviation Authority                                               | GTR ORLANDO FL AVIATION AUTH ARPT FACS REVENUE                                                                                           | CUSIP: 3922742E5<br>LEI: 549300CP6PUG5S184F61 | Long             | DBT              | MUN               | US        |   1950000 | PA      | $2008978.53   | 0.10%             | 2044-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City & County of Denver CO Airport System Revenue                                | DENVER CITY & CNTY CO ARPT REVENUE                                                                                                       | CUSIP: 249182QK5<br>LEI: MMTY7HA2MSCBUO4F7J71 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2256487.80   | 0.11%             | 2034-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                           | CALIFORNIA ST MUNI FIN AUTH SPL FAC REVENUE                                                                                              | CUSIP: 13050RAA0<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1019483.20   | 0.05%             | 2029-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Buckhead Trails II Community Development District                                | BUCKHEAD TRAILS II CDD FL SPL ASSMNT                                                                                                     | CUSIP: 11837KAB7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $101740.56    | 0.01%             | 2046-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Montgomery County Higher Education and Health Authority                          | MONTGOMERY CNTY PA HGR EDU & HLTH AUTH                                                                                                   | CUSIP: 613603G60<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2018542.20   | 0.10%             | 2052-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas Inc                                                      | MAIN STREET NATURAL GAS INC GA GAS SUPPLY REVENUE                                                                                        | CUSIP: 56035DJJ2<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   1595000 | PA      | $1744102.83   | 0.09%             | 2055-05-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Palm Beach FL                                                          | PALM BEACH CNTY FL REVENUE                                                                                                               | CUSIP: 696547HW1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1560000 | PA      | $1620774.79   | 0.08%             | 2055-10-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Maryland State Transportation Authority                                          | MARYLAND ST TRANSPRTN AUTH TRANSPRTN FACS PROJ REVENUE                                                                                   | CUSIP: 574300NZ8<br>LEI: 254900MKNK0MO0Z4X426 | Long             | DBT              | MUN               | US        |   4990000 | PA      | $5196212.75   | 0.26%             | 2051-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Louisiana Local Government Environmental Facilities & Community Development Auth | LOUISIANA ST LOCAL GOVT ENVRNMNTL FACS & CMNTY DEV AUTH REVE                                                                             | CUSIP: 54628CAM4<br>LEI: 5493004WIZ1HV87IVF85 | Long             | DBT              | MUN               | US        |   3790000 | PA      | $3913378.14   | 0.20%             | 2033-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Multifamily                                                          | Freddie Mac Multifamily ML Certificates                                                                                                  | CUSIP: 35833TAA3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1901104 | PA      | $1609858.89   | 0.08%             | 2041-07-25      | Fixed         | 2.34%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                                                           | Long: IS3A124   IRS USD R F   .00000 IS3A124/MMD 2.6 20270210 / Short: IS3A124   IRS USD P F   .00000 IS3A135/MUNIRATELOCK/5Y/T3750      | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DIR              |  | US        |   5000000 | OU      | $25276.90     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Southeast Energy Authority A Cooperative District                                | SOUTHEAST ENERGY AUTHORITY A COOPERATIVE                                                                                                 | CUSIP: 84136HAU7<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2151020.40   | 0.11%             | 2035-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port of Tacoma WA                                                                | PORT TACOMA WA REVENUE                                                                                                                   | CUSIP: 735439PV7<br>LEI: 549300MLYO8L64QKXV81 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2527328.25   | 0.13%             | 2038-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily VRD Certificates                                               | FEDERAL HOME LOAN MTGE CORP MF VARIABLE RATE CTFS                                                                                        | CUSIP: 31350ADZ8<br>LEI: N/A                  | Long             | DBT              | USGSE             | US        |   3998984 | PA      | $4233359.02   | 0.21%             | 2042-03-25      | Floating      | 4.84%                 | No            |                  2 | On Loan: No      |
| Southern Ute Indian Tribe of the Southern Ute Reservation of Colorado            | STHRN UTE INDIAN TRIBE OF STHRN UTE INDIAN RESERVATION CO                                                                                | CUSIP: 844090AD2<br>LEI: 549300X0RZRBWLO0J697 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4479416.00   | 0.22%             | 2035-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                                   | BLACK BELT ENERGY GAS DIST AL GAS PROJECT REVENUE                                                                                        | CUSIP: 09182TCG0<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   1770000 | PA      | $1894032.93   | 0.09%             | 2053-02-01      | Floating      | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Tempe AZ                                                                 | TEMPE AZ COPS                                                                                                                            | CUSIP: 87971LAT2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2114092.25   | 0.11%             | 2036-07-01      | Fixed         | 2.52%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                       | LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE                                                                                                | CUSIP: 544445F79<br>LEI: 549300E7TO710PTXPJ65 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5256005.50   | 0.26%             | 2047-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New Jersey Educational Facilities Authority                                      | NEW JERSEY ST EDUCTNL FACS AUTH REVENUE                                                                                                  | CUSIP: 646067EF1<br>LEI: 549300UTOO4X537XXG70 | Long             | DBT              | MUN               | US        |    285000 | PA      | $279731.78    | 0.01%             | 2047-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Louisiana Public Facilities Authority                                            | LOUISIANA PUB FACS AUTH REVENUE                                                                                                          | CUSIP: 546399DB9<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |     20000 | PA      | $20112.58     | 0.00%             | 2034-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chester County Industrial Development Authority                                  | CHESTER CNTY PA INDL DEV AUTH                                                                                                            | CUSIP: 165588FK5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    755000 | PA      | $768764.56    | 0.04%             | 2032-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                       | LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE                                                                                                | CUSIP: 5444452L2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1800000 | PA      | $2024097.48   | 0.10%             | 2031-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH AFFORDABLE HSG CTFS                                                                                                 | CUSIP: 63607DAB2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1992915 | PA      | $2033020.93   | 0.10%             | 2040-10-20      | Floating      | 4.15%                 | No            |                  2 | On Loan: No      |
| Pinery Community Development District                                            | PINERY CDD FL CAPITAL IMPT REVENUE                                                                                                       | CUSIP: 72330HAC6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1013410.40   | 0.05%             | 2046-05-01      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| South Carolina Public Service Authority                                          | SOUTH CAROLINA ST PUBLIC SVC AUTH REVENUE                                                                                                | CUSIP: 837151K24<br>LEI: EMBXY64GWKA9MZGFUD26 | Long             | DBT              | MUN               | US        |   1980000 | PA      | $1979919.22   | 0.10%             | 2050-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Francisco City & County Airport Comm-San Francisco International Airport     | SAN FRANCISCO CA CITY &CNTY ARPTS COMMN INTL ARPT REV                                                                                    | CUSIP: 79766DMA4<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |  17000000 | PA      | $17508563.50  | 0.88%             | 2044-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Marshall Creek Community Development District                                    | MARSHALL CREEK FL CDD SPL ASSMNT                                                                                                         | CUSIP: 57231NAD2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1065000 | PA      | $1066837.23   | 0.05%             | 2032-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Dutchess County Local Development Corp                                           | DUTCHESS CNTY NY LOCAL DEV CORP REVENUE                                                                                                  | CUSIP: 267045NK4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1355000 | PA      | $1355157.04   | 0.07%             | 2051-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Multifamily                                                          | Freddie Mac Multifamily                                                                                                                  | CUSIP: 3137HC2E1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   3200442 | PA      | $3397906.13   | 0.17%             | 2041-08-25      | Variable      | 4.52%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI REVENUE                                                                                                               | CUSIP: 74442PF67<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1054989.40   | 0.05%             | 2049-07-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Massachusetts Port Authority                                                     | MASSACHUSETTS ST PORT AUTH                                                                                                               | CUSIP: 575896YK5<br>LEI: 254900JRR8IDSSKWCL90 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5066577.50   | 0.25%             | 2051-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LCH Ltd.                                                                         | Long: BS37JR6   IRS USD R V 00MSOFR IS37JS7 CCPOIS / Short: BS37JR6   IRS USD P F  3.52100 IS37JR6 CCPOIS                                | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |  22500000 | OU      | $23173.40     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI EDU REVENUE                                                                                                           | CUSIP: 74442EMS6<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $926009.20    | 0.05%             | 2065-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Arlington County Industrial Development Authority                                | ARLINGTON CNTY VA INDL DEV AUTH HOSP FAC REVENUE                                                                                         | CUSIP: 041438HD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    690000 | PA      | $661180.36    | 0.03%             | 2045-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York Liberty Development Corp                                                | NEW YORK ST LIBERTY DEV CORP LIBERTY REVENUE                                                                                             | CUSIP: 649519DD4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    510000 | PA      | $511202.94    | 0.03%             | 2044-11-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| City of Brooklyn Park MN                                                         | BROOKLYN PARK MN MF HSG REVENUE                                                                                                          | CUSIP: 11423TAB8<br>LEI: 549300SRSB2KMQNYBB75 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2115041.40   | 0.11%             | 2042-01-01      | Floating      | 6.21%                 | No            |                  2 | On Loan: No      |
| CSCDA Community Improvement Authority                                            | CSCDA CMNTY IMPT AUTH CA ESSENTIAL HSG REVENUE                                                                                           | CUSIP: 126292BQ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $702907.20    | 0.04%             | 2057-05-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Build NYC Resource Corp                                                          | BUILD NYC RESOURCE CORP NY REVENUE                                                                                                       | CUSIP: 12008QAF6<br>LEI: 549300GROJFKMNLWEK84 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1056784.20   | 0.05%             | 2050-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH REVENUE                                                                                                             | CUSIP: 63607YDE7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4115000 | PA      | $3923853.31   | 0.20%             | 2055-11-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI REVENUE                                                                                                               | CUSIP: 74442PQ81<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   3485000 | PA      | $1098015.12   | 0.06%             | 2042-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Territory of Guam                                                                | GUAM GOVT LTD OBLG REVENUE                                                                                                               | CUSIP: 40065HDM9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1840000 | PA      | $1863897.00   | 0.09%             | 2029-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia Income Tax Revenue                                          | DIST OF COLUMBIA INCOME TAX SECURED REVENUE                                                                                              | CUSIP: 25477GWM3<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |  10500000 | PA      | $12305277.60  | 0.62%             | 2036-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue          | NEW YORK CITY NY TRANSITIONAL FIN AUTH REV                                                                                               | CUSIP: 64972JTQ1<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |   3175000 | PA      | $3405658.99   | 0.17%             | 2046-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Virginia Small Business Financing Authority                                      | VIRGINIA ST SMALL BUSINESS FING AUTH REVENUE                                                                                             | CUSIP: 928104MN5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2100000 | PA      | $2187810.66   | 0.11%             | 2028-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Industrial Development Authority of the City of Phoenix Arizona/The              | PHOENIX AZ INDL DEV AUTH LEASE REVENUE                                                                                                   | CUSIP: 71885MBV3<br>LEI: 549300A62PWFBDWB8332 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5329183.50   | 0.27%             | 2044-10-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LCH Ltd.                                                                         | Long: BS31T56   IRS USD R V 12MUSCPI IS31T67 CCPINFLATIONZERO / Short: BS31T56   IRS USD P F  2.56880 IS31T56 CCPINFLATIONZERO           | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |  58000000 | OU      | $-280435.80   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                           | CALIFORNIA ST MUNI FIN AUTH STUDENT HSG REVENUE                                                                                          | CUSIP: 13049YDS7<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1215000 | PA      | $1277639.93   | 0.06%             | 2036-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                         | MASSACHUSETTS ST DEV FIN AGY SENIOR LIVING REVENUE                                                                                       | CUSIP: 57563WAB4<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1027484.50   | 0.05%             | 2045-07-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                  | CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE                                                                              | CUSIP: 13013JHJ8<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1126164.40   | 0.06%             | 2035-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Berks County Municipal Authority/The                                             | BERKS CNTY PA MUNI AUTH                                                                                                                  | CUSIP: 084538JJ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $838654.80    | 0.04%             | 2039-06-30      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Energy Southeast A Cooperative District                                          | ENERGY S E AL A COOPERATIVE DIST ENERGY SPLY REVENUE                                                                                     | CUSIP: 292723AL7<br>LEI: 2549001SMMZ81MXBXZ89 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2034615.60   | 0.10%             | 2053-11-01      | Floating      | 4.51%                 | No            |                  2 | On Loan: No      |
| County of Harris TX                                                              | HARRIS CNTY TX                                                                                                                           | CUSIP: 414005E38<br>LEI: 549300G9BRP25M0W1S40 | Long             | DBT              | MUN               | US        |   1600000 | PA      | $1292246.56   | 0.06%             | 2045-10-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| San Diego County Regional Airport Authority                                      | SAN DIEGO CNTY CA REGL ARPT AUTH AIRPORT REVENUE                                                                                         | CUSIP: 79739GRJ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  11080000 | PA      | $11943235.04  | 0.60%             | 2043-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington Health Care Facilities Authority                                      | WASHINGTON ST HLTH CARE FACS AUTH                                                                                                        | CUSIP: 93978HXG5<br>LEI: 549300ZVPWQIL3N5TL85 | Long             | DBT              | MUN               | US        |    700000 | PA      | $746133.64    | 0.04%             | 2040-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Joaquin Valley Clean Energy Authority                                        | SAN JOAQUIN VLY CLEAN ENERGY AUTH CA CLEAN ENERGY REVENUE                                                                                | CUSIP: 79811YAK4<br>LEI: 254900VA5DFN33OVGH87 | Long             | DBT              | MUN               | US        |   1830000 | PA      | $2084306.68   | 0.10%             | 2056-01-01      | Floating      | 5.50%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                                   | BLACK BELT ENERGY GAS DIST AL GAS PROJECT REVENUE                                                                                        | CUSIP: 09182TGM3<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   1695000 | PA      | $1851954.12   | 0.09%             | 2035-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington Metropolitan Area Transit Authority Dedicated Revenue                 | WASHINGTON DC MET AREA TRANSIT AUTH DEDICATED REVENUE                                                                                    | CUSIP: 93878YEB1<br>LEI: 549300ADKOK76HQMJS30 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2115988.80   | 0.11%             | 2055-07-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Wisconsin Center District                                                        | WISCONSIN CENTER DIST WI TAX REVENUE                                                                                                     | CUSIP: 976595JE9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $989596.30    | 0.05%             | 2061-12-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Columbus Regional Airport Authority                                              | COLUMBUS OH REGL ARPT AUTH REVENUE                                                                                                       | CUSIP: 199546CX8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1925000 | PA      | $2139243.07   | 0.11%             | 2041-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Parish of St James LA                                                            | SAINT JAMES PARISH LA REVENUE                                                                                                            | CUSIP: 790103AV7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1105869.20   | 0.06%             | 2040-07-01      | Fixed         | 6.35%                 | No            |                  2 | On Loan: No      |
| 2025 Loan Holding - 1                                                            | 2025 LOAN HOLDING - 1                                                                                                                    | CUSIP: 90223AAA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6100000 | PA      | $6100000.00   | 0.31%             | 2026-05-01      | Floating      | 2.86%                 | No            |                  2 | On Loan: No      |
| Municipal Electric Authority of Georgia                                          | MUNI ELEC AUTH OF GA                                                                                                                     | CUSIP: 62620HEN8<br>LEI: JA0WNILDDF2KUPS83B16 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2068367.00   | 0.10%             | 2063-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| California Statewide Communities Development Authority                           | CALIFORNIA STWD CMNTYS DEV AUTH REVENUE                                                                                                  | CUSIP: 13080SMJ0<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1403610.04   | 0.07%             | 2041-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of California                                                              | CALIFORNIA ST                                                                                                                            | CUSIP: 13063EMB9<br>LEI: 9845007J7054602FF597 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2398883.00   | 0.12%             | 2037-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                   | NEW JERSEY ST TRANSPRTN TRUST FUND AUTH                                                                                                  | CUSIP: 64613CEW4<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   6700000 | PA      | $6796062.59   | 0.34%             | 2042-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                  | CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE                                                                              | CUSIP: 13013JCM6<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   4300000 | PA      | $4621137.76   | 0.23%             | 2054-01-01      | Floating      | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Whiting IN                                                               | WHITING IN ENVRNMNTL FACS REVENUE                                                                                                        | CUSIP: 96634RAZ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1120000 | PA      | $1212564.08   | 0.06%             | 2044-06-01      | Floating      | 4.20%                 | No            |                  2 | On Loan: No      |
| Oneida County Local Development Corp                                             | ONEIDA CO NY LOCAL DEV CORP REVENUE                                                                                                      | CUSIP: 682440CN0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3200000 | PA      | $3610430.40   | 0.18%             | 2051-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LCH Ltd.                                                                         | Long: SS32ZV7   IRS USD R F  3.84300 IS32ZV7 CCPOIS / Short: SS32ZV7   IRS USD P V 00MSOFR IS32ZW8 CCPOIS                                | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |  32540000 | OU      | $869634.86    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| South Carolina Jobs-Economic Development Authority                               | SOUTH CAROLINA ST JOBS-ECON DEV AUTH HLTH FACS REVENUE                                                                                   | CUSIP: 837033KW8<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |   1125000 | PA      | $1165301.44   | 0.06%             | 2040-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                         | MASSACHUSETTS ST DEV FIN AGY REVENUE                                                                                                     | CUSIP: 57584YAH2<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5032051.00   | 0.25%             | 2044-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                         | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE                                                                                           | CUSIP: 650116GP5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6500000 | PA      | $6956963.65   | 0.35%             | 2040-04-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                         | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE                                                                                           | CUSIP: 650116JQ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1066386.60   | 0.05%             | 2059-06-30      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | INDIANA ST FIN AUTH HLTH SYS REVENUE                                                                                                     | CUSIP: 45470YGB1<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1083256.50   | 0.05%             | 2046-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH SPL REVENUE                                                                                                         | CUSIP: 63608TAA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    426000 | PA      | $426017.30    | 0.02%             | 2033-12-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| JEA Water & Sewer System Revenue                                                 | JEA FL WTR & SWR REVENUE                                                                                                                 | CUSIP: 46615SFL7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1095557.00   | 0.05%             | 2043-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Glendale AZ                                                              | GLENDALE AZ COPS                                                                                                                         | CUSIP: 37828AAM1<br>LEI: 5493002BC35ZY7XRQ949 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1749269.20   | 0.09%             | 2035-07-01      | Fixed         | 2.74%                 | No            |                  2 | On Loan: No      |
| Hamilton County & Chattanooga Sports Authority                                   | HAMILTON CNTY & CHATTANOOGA SPORTS AUTH TN PUB FAC REVENUE                                                                               | CUSIP: 407081AV0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1671804.15   | 0.08%             | 2050-12-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Washington Health Care Facilities Authority                                      | WASHINGTON ST HLTH CARE FACS AUTH                                                                                                        | CUSIP: 93978HXV2<br>LEI: 549300ZVPWQIL3N5TL85 | Long             | DBT              | MUN               | US        |    315000 | PA      | $336217.64    | 0.02%             | 2028-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Detroit MI                                                               | DETROIT MI                                                                                                                               | CUSIP: 2510936C9<br>LEI: 549300BQRJP7MKKHOY28 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2321926.00   | 0.12%             | 2039-05-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                   | NEW JERSEY ST TRANSPRTN TRUST FUND AUTH                                                                                                  | CUSIP: 64613CEF1<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   1985000 | PA      | $2167228.96   | 0.11%             | 2043-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wolf Creek Infrastructure Financing District No 1                                | WOLF CREEK INFRASTRUCTURE FING DIST #1 UT SPL ASSMNT                                                                                     | CUSIP: 977695AA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1039357.60   | 0.05%             | 2044-12-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Fayette County Development Authority                                             | FAYETTE CNTY GA DEV AUTH REVENUE                                                                                                         | CUSIP: 31222PAX9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2051417.60   | 0.10%             | 2054-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| County of Hamilton OH                                                            | HAMILTON CNTY OH HLTH CARE FACS REVENUE                                                                                                  | CUSIP: 40727TDN1<br>LEI: 549300TO1E3N4E4YIO28 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2088054.00   | 0.10%             | 2042-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Central Plains Energy Project                                                    | CENTRL PLAINS ENERGY PROJ NE GAS SPLY REVENUE                                                                                            | CUSIP: 154872AY1<br>LEI: SVQOT7V5CPLIGNP5BE29 | Long             | DBT              | MUN               | US        |   2085000 | PA      | $2272126.46   | 0.11%             | 2055-08-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI TOLL REVENUE                                                                                                          | CUSIP: 74448UAD0<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   6630000 | PA      | $6933801.19   | 0.35%             | 2065-12-31      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Grapevine Wash Local District                                                    | GRAPEVINE WASH LOCAL DIST UT SPL ASSMNT                                                                                                  | CUSIP: 38860FAA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1101514.92   | 0.06%             | 2044-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Indianapolis Local Public Improvement Bond Bank                                  | INDIANAPOLIS IN LOCAL PUBLIC IMPT BOND BANK                                                                                              | CUSIP: 45528U7K1<br>LEI: 549300LX8ESJHDSESB87 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10449132.00  | 0.52%             | 2067-03-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New Hope Cultural Education Facilities Finance Corp                              | NEW HOPE CULTURAL ED FACS FIN CORP TX RETIREMENT FAC REVENUE                                                                             | CUSIP: 64542UGA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $842537.60    | 0.04%             | 2057-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                          | LOS ANGELES CA DEPT OF WTR & PWR REVENUE                                                                                                 | CUSIP: 544532NV2<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2265609.80   | 0.11%             | 2039-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Charlotte NC Airport Revenue                                             | CHARLOTTE NC ARPT REVENUE                                                                                                                | CUSIP: 161036WM6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7250000 | PA      | $7529003.20   | 0.38%             | 2053-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Miami-Dade County Educational Facilities Authority                               | MIAMI-DADE CNTY FL EDUCTNL FACS AUTH REVENUE                                                                                             | CUSIP: 59333APN5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1157206.60   | 0.06%             | 2040-04-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                                   | BLACK BELT ENERGY GAS DIST AL GAS PROJECT REVENUE                                                                                        | CUSIP: 09182TDB0<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5577328.00   | 0.28%             | 2054-10-01      | Floating      | 5.50%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                  | CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE                                                                              | CUSIP: 13013JEP7<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1093808.60   | 0.05%             | 2055-02-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| ARC70 II TRUST                                                                   | ARC70 II TR CA                                                                                                                           | CUSIP: 03880NAC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5532838 | PA      | $5506190.75   | 0.28%             | 2065-04-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago O'Hare International Airport                                             | CHICAGO IL O'HARE INTERNATIONAL ARPT REVENUE                                                                                             | CUSIP: 1675936C1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1350000 | PA      | $1457488.62   | 0.07%             | 2044-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Virginia Beach Development Authority                                             | VIRGINIA BEACH VA DEV AUTH RSDL CARE FAC REVENUE                                                                                         | CUSIP: 92774NBF6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1010617.30   | 0.05%             | 2029-09-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                        | NEW JERSEY ST ECON DEV AUTH WTR FACS REVENUE                                                                                             | CUSIP: 645780FT9<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2033567.20   | 0.10%             | 2034-11-01      | Floating      | 3.75%                 | No            |                  2 | On Loan: No      |
| Newark Higher Education Finance Corp                                             | NEWARK HGR EDU FIN CORP TX REVENUE                                                                                                       | CUSIP: 650348AR6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4192583.00   | 0.21%             | 2057-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| County of Jefferson AL                                                           | JEFFERSON CNTY AL                                                                                                                        | CUSIP: 472628RC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1025620.10   | 0.05%             | 2033-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Missouri Development Finance Board                                               | MISSOURI ST DEV FIN BRD TAX INCR & SPL DIST REVENUE                                                                                      | CUSIP: 606043AA5<br>LEI: 549300JD8BCNBV9D3830 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1025601.30   | 0.05%             | 2040-06-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                   | NEW JERSEY ST TRANSPRTN TRUST FUND AUTH                                                                                                  | CUSIP: 64613CEC8<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   2985000 | PA      | $3339719.49   | 0.17%             | 2040-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| JPMorgan Securities LLC                                                          | Long: IS39BB0   IRS USD R F   .00000 IS39BB0/MMD 2.52 20270113 / Short: IS39BB0   IRS USD P F   .00000 IS39BC1/MUNIRATELOCK/5Y/T3750     | CUSIP: 000000000<br>LEI: ZBUT11V806EZRVTWT807 | N/A              | DIR              |  | US        |   5000000 | OU      | $11243.35     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI SPL REVENUE                                                                                                           | CUSIP: 74447TAA0<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    342000 | PA      | $264779.96    | 0.01%             | 2029-09-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Pennsylvania                                                     | PENNSYLVANIA ST                                                                                                                          | CUSIP: 70914P5B4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4125126.00   | 0.21%             | 2027-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port of Beaumont Navigation District                                             | PORT BEAUMONT TX NAV DIST DOCK& WHARF FAC REVENUE                                                                                        | CUSIP: 73360CAS3<br>LEI: 549300G8PKBXALUKJY33 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1002173.60   | 0.05%             | 2026-07-01      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| Washington Health Care Facilities Authority                                      | WASHINGTON ST HLTH CARE FACS AUTH                                                                                                        | CUSIP: 93978HF75<br>LEI: 549300ZVPWQIL3N5TL85 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1066418.20   | 0.05%             | 2055-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Align Affordable Housing Bond Fund LP                                            | ALIGN CAP SER 2021-3 TRUST                                                                                                               | CUSIP: 01631GAA7<br>LEI: 549300B2I0LUTCXK9B86 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2717533.20   | 0.14%             | 2051-12-01      | Floating      | 3.25%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                          | LOS ANGELES CA DEPT OF WTR & PWR REVENUE                                                                                                 | CUSIP: 544532MP6<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |   3125000 | PA      | $3480694.69   | 0.17%             | 2041-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH MUNI CTFS                                                                                                           | CUSIP: 63607WAV6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1973992 | PA      | $76778.03     | 0.00%             | 2039-08-20      | Variable      | 0.51%                 | No            |                  2 | On Loan: No      |
| Port of Portland OR Airport Revenue                                              | PORT OF PORTLAND OR ARPT REVENUE                                                                                                         | CUSIP: 7352403S0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1030000 | PA      | $1171307.55   | 0.06%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Municipal Gas Acquisition & Supply Corp IV                                 | TEXAS ST MUNI GAS ACQUISITION& SPLY CORP IV                                                                                              | CUSIP: 88256PAG5<br>LEI: 549300PTUE847QDBBW22 | Long             | DBT              | MUN               | US        |   1125000 | PA      | $1210306.05   | 0.06%             | 2054-01-01      | Floating      | 5.50%                 | No            |                  2 | On Loan: No      |
| Long Island Power Authority                                                      | LONG ISLAND NY PWR AUTH ELEC SYS REVENUE                                                                                                 | CUSIP: 542691HN3<br>LEI: 1R46U5SYJ63KQXF39168 | Long             | DBT              | MUN               | US        |   2350000 | PA      | $2460349.66   | 0.12%             | 2053-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Miami-Dade FL Aviation Revenue                                         | MIAMI-DADE CNTY FL AVIATION REVENUE                                                                                                      | CUSIP: 59333P7L6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1155178.80   | 0.06%             | 2034-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas Inc                                                      | MAIN STREET NATURAL GAS INC GA GAS SUPPLY REVENUE                                                                                        | CUSIP: 56035DHT2<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3264383.70   | 0.16%             | 2054-12-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Howard Bend Levee District                                                       | HOWARD BEND MO LEVEE DIST                                                                                                                | CUSIP: 442499CE7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    175000 | PA      | $179729.45    | 0.01%             | 2027-03-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Hidalgo County Regional Mobility Authority                                       | HIDALGO CNTY TX REGL MOBILITY AUTH TOLL & VEHICLE REGISTRATI                                                                             | CUSIP: 42934ABV1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $900760.80    | 0.05%             | 2042-12-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Washington Health Care Facilities Authority                                      | WASHINGTON ST HLTH CARE FACS AUTH                                                                                                        | CUSIP: 93978HZU2<br>LEI: 549300ZVPWQIL3N5TL85 | Long             | DBT              | MUN               | US        |   1765000 | PA      | $1765671.58   | 0.09%             | 2044-03-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Minneapolis-St Paul Metropolitan Airports Commission                             | MINNEAPOLIS-SAINT PAUL MN MET ARPTS COMMISSION ARPT REVENUE                                                                              | CUSIP: 603827L46<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4500000 | PA      | $4595742.45   | 0.23%             | 2047-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Salt Lake City UT Airport Revenue                                        | SALT LAKE CITY UT ARPT REVENUE                                                                                                           | CUSIP: 795576MR5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2680000 | PA      | $3055574.66   | 0.15%             | 2037-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Iowa Finance Authority                                                           | IOWA ST FIN AUTH REVENUE                                                                                                                 | CUSIP: 46247SBR4<br>LEI: 549300NQVL49BTHOW391 | Long             | DBT              | MUN               | US        |    355000 | PA      | $356976.21    | 0.02%             | 2031-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New Hope Cultural Education Facilities Finance Corp                              | NEW HOPE CULTURAL EDU FACS FIN CORP TX SENIOR LIVING REVENUE                                                                             | CUSIP: 64542PGF6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000000.00   | 0.05%             | 2030-12-31      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| California County Tobacco Securitization Agency                                  | CALIFORNIA CNTY CA TOBACCO SECURITIZATION AGY TOBACCO SETTLE                                                                             | CUSIP: 13016NET7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1307273.37   | 0.07%             | 2035-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California Community Housing Agency                                              | CALIFORNIA CMNTY HSG AGY ESSENTIAL HSG REVENUE                                                                                           | CUSIP: 13013FAR5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1696600.40   | 0.08%             | 2056-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Alabama Highway Authority                                                        | ALABAMA ST HIGHWAY AUTH SPL OBLIG REVENUE                                                                                                | CUSIP: 010559AP7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1454962.00   | 0.07%             | 2039-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Municipal Gas Acquisition and Supply Corp II                               | TEXAS ST MUNI GAS ACQUISITION & SPLY CORP II GAS SPLY REVENU                                                                             | CUSIP: 88255QBH1<br>LEI: 8E22IH4TQD26WYDGHB25 | Long             | DBT              | MUN               | US        |   1735000 | PA      | $1738425.93   | 0.09%             | 2027-09-15      | Floating      | 3.32%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                       | CHICAGO IL BRD OF EDU                                                                                                                    | CUSIP: 167505A63<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   1440000 | PA      | $1558022.69   | 0.08%             | 2043-12-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Washington Airports Authority Aviation Revenue                      | MET WASHINGTON DC ARPTS AUTH ARPT SYS REVENUE                                                                                            | CUSIP: 592647KM2<br>LEI: 7HERAVJJLN8J1DZ6AZ19 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10301306.00  | 0.52%             | 2046-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue          | NEW YORK CITY NY TRANSITIONAL FIN AUTH REV                                                                                               | CUSIP: 64972JJW9<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |   1700000 | PA      | $1926866.87   | 0.10%             | 2039-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Carolina Public Service Authority                                          | SOUTH CAROLINA ST PUBLIC SVC AUTH REVENUE                                                                                                | CUSIP: 83715BBH9<br>LEI: EMBXY64GWKA9MZGFUD26 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1184815.90   | 0.06%             | 2036-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Bristol Industrial Development Board                                             | BRISTOL TN INDL DEV BRD ST SALES TAX REVENUE                                                                                             | CUSIP: 11023PAA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1325000 | PA      | $1310221.88   | 0.07%             | 2042-12-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                              | WISCONSIN HLTH EDL FACS AUTH SENIOR LIVING REVENUE                                                                                       | CUSIP: 97671VCP8<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1010993.50   | 0.05%             | 2055-07-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | ILLINOIS ST                                                                                                                              | CUSIP: 452153PD5<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   1265000 | PA      | $1344106.14   | 0.07%             | 2043-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-03-27

**Name of Applicant:** AB MUNICIPAL INCOME FUND, INC.

**Signature:** Stephen Woetzel

**Name of Signer:** Stephen Woetzel

**Title:** Controller