# EDGAR Filing Document

**Accession Number:** 0001364924
**File Stem:** 0000035402-26-002689
**Filing Date:** 2026-4
**Character Count:** 721275
**Document Hash:** 1a39f4a605190751bfce6088308bcf02
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000035402-26-002689.hdr.sgml**: 20260424

**ACCESSION NUMBER**: 0000035402-26-002689

**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:** Fidelity Rutland Square Trust II
- **CENTRAL INDEX KEY:** 0001364924

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0228

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-21991
- **FILM NUMBER:** 26895594

**BUSINESS ADDRESS:**
- **STREET 1:** 245 SUMMER STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02210
- **BUSINESS PHONE:** 617-563-7000

**MAIL ADDRESS:**
- **STREET 1:** 245 SUMMER STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02210

## Series and Classes Contracts Data

### Strategic Advisers Tax-Sensitive Short Duration Fund (Series ID: S000060103)

| Class ID   | Class Name                                           | Ticker Symbol   |
|:---|:---|:---|
| C000196739 | Strategic Advisers Tax-Sensitive Short Duration Fund | FGNSX           |

## Nport-Ex

**Quarterly Holdings Report**

**for**

**Strategic Advisers® Tax-Sensitive Short Duration Fund**

*Offered exclusively to certain managed account clients of Strategic Advisers LLC or its affiliates - not available for sale to the general public*

**February 28, 2026**

TSS-NPRT3-0426

1.9885906.108 ---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Fixed-Income Funds - 10.9%** | &nbsp;&nbsp;**Fixed-Income Funds - 10.9%** | &nbsp;&nbsp;**Fixed-Income Funds - 10.9%** |
|  | Shares | Value ($)<br>|
| Federated Hermes Municipal Ultrashort Fund Institutional Shares  | 6669676 | 67096939 |
| JPMorgan Ultra-Short Municipal Inc ETF  | 1378669 | 70491346 |
| Vanguard Ultra Short-Term Tax-Exempt Fund Class Admiral  | 12893328 | 205648580 |
| <br> **TOTAL FIXED-INCOME FUNDS**<br> (Cost $342,162,460) |  | **343236865** |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Municipal Securities - 85.5%** | &nbsp;&nbsp;**Municipal Securities - 85.5%** | &nbsp;&nbsp;**Municipal Securities - 85.5%** |
|  | Principal<br> Amount (a)<br>| Value ($)<br>|
| Alabama - 4.0%  |  |  |
| Education - 0.0% |  |  |
| University South AL Univ Rev Series 2021, 4% 4/1/2026 (Build America Mutual Assurance Co Insured)  | 500000 | 500688 |
| Electric Utilities - 0.5% |  |  |
| Mobile AL Indl Dev Board Poll Cont Rev (Alabama Power & Light Proj.) 3.78% tender 6/1/2034 (b) | 740000 | 741780 |
| Mobile AL Indl Dev Board Poll Cont Rev (Alabama Power & Light Proj.) Series 2007 A, 3.375% tender 6/1/2034 (b) | 235000 | 239998 |
| Mobile AL Indl Dev Board Poll Cont Rev (Alabama Power & Light Proj.) Series 2008, 3.3% tender 7/15/2034 (b) | 12000000 | 12002277 |
| Walker Cnty AL Economic & Indl Dev Auth Solid Waste Disp Rev (Alabama Power & Light Proj.) 2.05% 12/1/2036 VRDN (b)(c) | 600000 | 600000 |
| Walker Cnty AL Economic & Indl Dev Auth Solid Waste Disp Rev (Alabama Power & Light Proj.) Series FIRST 2023, 2.1% 8/1/2063 VRDN (b)(c) | 1405000 | 1405000 |
| TOTAL ELECTRIC UTILITIES |  | 14989055 |
| General Obligations - 2.7% |  |  |
| Black Belt Energy Gas Dist Ala Gas Supply Rev 4% tender 7/1/2052 (Liquidity Facility Royal Bank of Canada), (Royal Bank of Canada Guaranteed) (b) | 7455000 | 7567015 |
| Black Belt Energy Gas Dist Ala Gas Supply Rev U.S. SOFR Index + 1.4%, 3.859% tender 7/1/2052 (Liquidity Facility Royal Bank of Canada) (b)(i) | 5000000 | 5028100 |
| Black Belt Energy Gas District 5% 5/1/2029 (BP PLC Guaranteed)  | 375000 | 397619 |
| Black Belt Energy Gas District 5% 7/1/2028 (Goldman Sachs Group Inc/The Guaranteed) (h) | 250000 | 260102 |
| Black Belt Energy Gas District 5% 7/1/2029 (Goldman Sachs Group Inc/The Guaranteed) (h) | 755000 | 795874 |
| Black Belt Energy Gas District 5% 7/1/2031 (Goldman Sachs Group Inc/The Guaranteed) (h) | 1000000 | 1071975 |
| Black Belt Energy Gas District 5.25% 6/1/2026 (Morgan Stanley Guaranteed)  | 575000 | 578423 |
| Black Belt Energy Gas District 5.25% tender 2/1/2053 (Morgan Stanley Guaranteed) (b) | 9090000 | 9726983 |
| Black Belt Energy Gas District Series 2021 C 1, 4% tender 10/1/2052 (Goldman Sachs Group Inc/The Guaranteed) (b) | 11350000 | 11453849 |
| Black Belt Energy Gas District Series 2021 C 2, SIFMA Municipal Swap Index + 0.35%, 2.23% tender 10/1/2052 (Goldman Sachs Group Inc/The Guaranteed) (b)(i) | 2350000 | 2345432 |
| Black Belt Energy Gas District Series 2022 E, 5% 6/1/2026 (Canadian Imperial Bank of Commerce/New York NY Guaranteed)  | 1140000 | 1146891 |
| Black Belt Energy Gas District Series 2022 E, 5% tender 5/1/2053 (Canadian Imperial Bank of Commerce/New York NY Guaranteed) (b) | 2370000 | 2482495 |
| Black Belt Energy Gas District Series 2023 D 1, 5.5% tender 6/1/2049 (Goldman Sachs Group Inc/The Guaranteed) (b) | 2110000 | 2261225 |
| Black Belt Energy Gas District Series 2023C, 5.5% 6/1/2027 (Goldman Sachs Group Inc/The Guaranteed)  | 685000 | 706189 |
| Black Belt Energy Gas District Series 2024 C, 5% 7/1/2026  | 1750000 | 1763092 |
| Black Belt Energy Gas District Series 2024 C, 5% 7/1/2027  | 1250000 | 1287925 |
| Black Belt Energy Gas District Series 2025 D, 5% 2/1/2028 (Pacific Life Insurance Co Guaranteed)  | 290000 | 302582 |
| Black Belt Energy Gas District Series 2025 F, 5% 12/1/2028 (Pacific Life Global Funding II Guaranteed)  | 1000000 | 1051094 |
| Lower Ala Gas Dist Gas Proj Rev Series 2025 A, 5% 12/1/2031 (Equitable Financial Life Global Funding Guaranteed)  | 750000 | 805209 |
| Lower Ala Gas Dist Gas Proj Rev Series 2025 A, 5% 12/1/2032 (Equitable Financial Life Global Funding Guaranteed)  | 825000 | 889773 |
| Lower Ala Gas Dist Gas Proj Rev Series 2025 A, 5% 12/1/2033 (Equitable Financial Life Global Funding Guaranteed)  | 1955000 | 2100505 |
| Southeast AL District Gas Supply Rev Series 2024A, 5% 4/1/2026  | 1500000 | 1502696 |
| Southeast AL District Gas Supply Rev Series 2024A, 5% 4/1/2027 (Pacific Life Insurance Co Guaranteed)  | 2500000 | 2561252 |
| Southeast Energy Auth Commodity Supply Rev Ala Series 2023 A, 5% 7/1/2027  | 1185000 | 1216402 |
| Southeast Energy Auth Commodity Supply Rev Ala Series 2023 A, 5.25% 7/1/2028  | 1945000 | 2043750 |
| Southeast Energy Authority A Cooperative District 5% 1/1/2029 (Athene Annuity And Life Company Guaranteed)  | 1310000 | 1366154 |
| Southeast Energy Authority A Cooperative District 5% 6/1/2030 (Athene Annuity And Life Company Guaranteed)  | 175000 | 187978 |
| Southeast Energy Authority A Cooperative District 5% 7/1/2028 (Athene Annuity And Life Company Guaranteed)  | 1250000 | 1294422 |
| Southeast Energy Authority A Cooperative District Series 2024C, 5% 11/1/2026 (Pacific Life Insurance Co Guaranteed)  | 395000 | 400977 |
| Southeast Energy Authority A Cooperative District Series 2024C, 5% 11/1/2027 (Pacific Life Insurance Co Guaranteed)  | 895000 | 926587 |
| Southeast Energy Authority A Cooperative District Series 2024C, 5% 11/1/2028 (Pacific Life Insurance Co Guaranteed)  | 1000000 | 1054538 |
| Southeast Energy Authority A Cooperative District Series 2024C, 5% 11/1/2029 (Pacific Life Insurance Co Guaranteed)  | 1000000 | 1070140 |
| Southeast Energy Authority A Cooperative District Series 2025A, 5% 6/1/2031 (Athene Annuity And Life Company Guaranteed)  | 325000 | 351096 |
| Southeast Energy Authority A Cooperative District Series 2025A, 5% 6/1/2032 (Athene Annuity And Life Company Guaranteed)  | 825000 | 892626 |
| Southeast Energy Authority A Cooperative District Series 2025D, 5% 9/1/2028 (New York Life Insurance Co Guaranteed)  | 930000 | 975842 |
| Southeast Energy Authority A Cooperative District Series 2025D, 5% 9/1/2029 (New York Life Insurance Co Guaranteed)  | 685000 | 729870 |
| Southeast Energy Authority A Cooperative District Series 2025D, 5% 9/1/2030 (New York Life Insurance Co Guaranteed)  | 690000 | 746659 |
| Southeast Energy Authority A Cooperative District Series 2025E, 5% 10/1/2027 (JPMorgan Securities LLC Guaranteed)  | 3550000 | 3683710 |
| Southeast Energy Authority A Cooperative District Series 2025E, 5% 10/1/2028 (JPMorgan Securities LLC Guaranteed)  | 2600000 | 2751511 |
| Southeast Energy Authority A Cooperative District Series 2025E, 5% 10/1/2030 (JPMorgan Securities LLC Guaranteed)  | 4525000 | 4931442 |
| TOTAL GENERAL OBLIGATIONS |  | 82710004 |
| Health Care - 0.1% |  |  |
| Health Care Auth For Bapt Hlth Ala Series 2013B, 3.26% 11/1/2042 VRDN (b) | 2346000 | 2346000 |
| Industrial Development - 0.2% |  |  |
| Decatur AL Indl Dev Brd Exempt (Nucor Corp Proj.) 2.2% 8/1/2036 VRDN (b)(c) | 5500000 | 5500000 |
| Other - 0.2% |  |  |
| Black Belt Energy Gas District 5% 11/1/2026  | 2225000 | 2257371 |
| Black Belt Energy Gas District 5% 11/1/2029  | 4500000 | 4807881 |
| TOTAL OTHER |  | 7065252 |
| Synthetics - 0.3% |  |  |
| Black Belt Energy Gas District Participating VRDN 2.18% 2/1/2053 (Liquidity Facility Morgan Stanley Bank NA) (b)(d) | 6800000 | 6800000 |
| Black Belt Energy Gas District Participating VRDN 2.2% 2/1/2053 (Liquidity Facility JP Morgan Chase Bank NA) (b)(d) | 2460000 | 2460000 |
| Southeast Energy Auth Commodity Supply Rev Ala Participating VRDN Series 2022 XM1062, 2.18% 1/1/2053 (Liquidity Facility Morgan Stanley Bank NA) (b)(d) | 1600000 | 1600000 |
| TOTAL SYNTHETICS |  | 10860000 |
| Water & Sewer - 0.0% |  |  |
| Jefferson Cnty AL Swr Rev 5% 10/1/2026  | 445000 | 451736 |
| Jefferson Cnty AL Swr Rev 5% 10/1/2027  | 410000 | 426326 |
| TOTAL WATER & SEWER |  | 878062 |
| TOTAL ALABAMA |  | 124849061 |
| Alaska - 0.1%  |  |  |
| General Obligations - 0.1% |  |  |
| Alaska St Gen. Oblig. Series 2025 A, 5% 8/1/2026  | 840000 | 849919 |
| Alaska St Gen. Oblig. Series 2025 A, 5% 8/1/2027  | 465000 | 483649 |
| Alaska St Gen. Oblig. Series 2025 A, 5% 8/1/2028  | 185000 | 197463 |
| TOTAL GENERAL OBLIGATIONS |  | 1531031 |
| Housing - 0.0% |  |  |
| Alaska Hsg Fin Corp Mtg Rev Series 2022A, 3% 6/1/2051  | 310000 | 309329 |
| Other - 0.0% |  |  |
| Alaska Municipal Bond Bank Authority Series 2023 TWO, 5% 12/1/2026 (c) | 510000 | 518722 |
| Tobacco Bonds - 0.0% |  |  |
| Northern Tobacco Securitization AK 5% 6/1/2026  | 1000000 | 1005898 |
| Transportation - 0.0% |  |  |
| Alaska Airport 5% 10/1/2028 (c) | 1000000 | 1062133 |
| TOTAL ALASKA |  | 4427113 |
| Arizona - 4.0%  |  |  |
| Education - 0.0% |  |  |
| Northern Ariz Univ Ctfs Partn 5% 9/1/2026 (Assured Guaranty Inc Insured)  | 1540000 | 1561365 |
| Electric Utilities - 0.2% |  |  |
| Coconino Cnty AZ Poll Ctl Corp (Nevada Power Co Proj.) Series 2017A, 4.125% tender 9/1/2032 (b)(c) | 2055000 | 2056685 |
| Maricopa Cnty AZ Pollution Ctl (Arizona Public Service Co Proj.) 2.08% 5/1/2029 VRDN (b) | 3300000 | 3300000 |
| TOTAL ELECTRIC UTILITIES |  | 5356685 |
| Health Care - 0.7% |  |  |
| Arizona Health Facs Auth Rev Series 2015 B, 2.13% tender 1/1/2046 (b) | 2020000 | 2006528 |
| Maricopa Cnty AZ Ida Rev (Banner Health System Proj.) 5% tender 1/1/2053 (b) | 6040000 | 6062874 |
| Maricopa Cnty AZ Ida Rev (Banner Health System Proj.) Series 2019 D, 5% tender 1/1/2046 (b) | 9600000 | 9652259 |
| Maricopa Cnty AZ Ida Rev (Banner Health System Proj.) Series 2023 A 2, 5% tender 1/1/2053 (b) | 2120000 | 2216920 |
| Yuma AZ Indl Dev Auth Hosp Rev (Yuma Regional Medical Center Proj.) Series 2024 A, 5% 8/1/2027  | 750000 | 776766 |
| Yuma AZ Indl Dev Auth Hosp Rev (Yuma Regional Medical Center Proj.) Series 2024 A, 5% 8/1/2028  | 700000 | 743277 |
| TOTAL HEALTH CARE |  | 21458624 |
| Housing - 0.6% |  |  |
| Arizona St Indl Dev Auth Multifamily Hsg Rev 2.76% tender 7/1/2047 (b) | 2080000 | 2081188 |
| Arizona St Indl Dev Auth Multifamily Hsg Rev Series 2024, 5% tender 2/1/2058 (b) | 3000000 | 3034172 |
| Arizona St Indl Dev Auth Multifamily Hsg Rev Series 2024, 5% tender 3/1/2058 (b) | 3000000 | 3048546 |
| Phoenix AZ Indl Rev Auth Mfh Series 2025, 3.1% tender 2/1/2059 (b) | 3500000 | 3526605 |
| Pima Cnty AZ Ida Multifamily 2.71% tender 10/1/2059 (b) | 8015000 | 8015795 |
| TOTAL HOUSING |  | 19706306 |
| Industrial Development - 0.8% |  |  |
| Chandler AZ Indl Deve Auth Idr (Intel Corp Proj.) 5% tender 9/1/2052 (b)(c) | 11300000 | 11539594 |
| Chandler AZ Indl Deve Auth Idr (Intel Corp Proj.) Series 2007, 4.1% tender 12/1/2037 (b)(c) | 3025000 | 3082850 |
| Chandler AZ Indl Deve Auth Idr (Intel Corp Proj.) Series FIRST 2022 1, 5% tender 9/1/2042 (b)(c) | 7400000 | 7555207 |
| Chandler AZ Indl Deve Auth Idr Series 2019, 4% tender 6/1/2049 (b)(c) | 4000000 | 4115006 |
| TOTAL INDUSTRIAL DEVELOPMENT |  | 26292657 |
| Resource Recovery - 1.2% |  |  |
| Phoenix Ariz Indl Dev Auth Solid Waste Disp Rev (Republic Services Inc Proj.) 3% tender 12/1/2035 (b)(c) | 35600000 | 35603663 |
| Synthetics - 0.5% |  |  |
| Arizona Ind Dev Auth Multi Fam Hsg Auth Participating VRDN Series 2023 MIZ9157, 2.11% 12/1/2063 (Liquidity Facility Mizuho Capital Markets LLC) (b)(d)(e) | 1500000 | 1500000 |
| Arizona Ind Dev Auth Participating VRDN Series 2023 MIZ9149, 2.11% 7/1/2040 (Liquidity Facility Mizuho Capital Markets LLC) (b)(d)(e) | 3376000 | 3376000 |
| Arizona Indl Dev Auth Participating VRDN Series 2023 XF3174, 2.16% 11/1/2041 (Liquidity Facility Mizuho Capital Markets LLC) (b)(d) | 7015000 | 7015000 |
| Salt River Proj AZ Agric & Pwr Participating VRDN Series 2025 1009, 1.96% 1/1/2055 (Liquidity Facility Barclays Bank PLC) (b)(d) | 3815000 | 3815000 |
| TOTAL SYNTHETICS |  | 15706000 |
| Water & Sewer - 0.0% |  |  |
| Phoenix Arizona Civic Imp Wtr Series 2014B, 5% 7/1/2027  | 400000 | 401536 |
| TOTAL ARIZONA |  | 126086836 |
| Arkansas - 0.2%  |  |  |
| Industrial Development - 0.2% |  |  |
| Blytheville AR Indl Dev Rev (Nucor Corp Proj.) 2.2% 6/1/2028 VRDN (b)(c) | 400000 | 400000 |
| Lowell Ark Indl Dev Rev Series 1996, 2% 6/1/2031 VRDN (b)(c) | 5800000 | 5800000 |
| TOTAL ARKANSAS |  | 6200000 |
| California - 4.1%  |  |  |
| Education - 0.1% |  |  |
| California Stwd Cmnty Dev Auth Student Hsg Rev (Chf Irvine LLC Proj.) Series 2016, 5% 5/15/2026  | 2500000 | 2511531 |
| California Stwd Cmnty Dev Auth Student Hsg Rev (Chf Irvine LLC Proj.) Series 2017, 5% 5/15/2027  | 405000 | 416301 |
| TOTAL EDUCATION |  | 2927832 |
| Electric Utilities - 0.2% |  |  |
| Los Angeles CA Wtr & Pwr Rev Series 2025 D, 5% 7/1/2028  | 1000000 | 1061882 |
| Southern CA Pub Pwr Auth Proj Series 2025B, 3.7% tender 7/1/2040 (b) | 3000000 | 3017291 |
| Southern CA Pub Pwr Auth Southn Trans Sys Renewal Proj Rev (Southern Ca Pub Pwr Auth Proj.) Series 2025 2, 5% tender 7/1/2053 (b) | 1850000 | 1966608 |
| TOTAL ELECTRIC UTILITIES |  | 6045781 |
| General Obligations - 0.6% |  |  |
| California Community Choice Financing Authority 5% 9/1/2027 (Morgan Stanley Guaranteed)  | 1100000 | 1137332 |
| California Community Choice Financing Authority Series 2023C, 5% 10/1/2026  | 625000 | 631613 |
| California Community Choice Financing Authority Series 2025C, 5% 10/1/2028 (American General Life Insurance Co Guaranteed)  | 1565000 | 1649785 |
| California Community Choice Financing Authority Series 2025C, 5% 10/1/2029 (American General Life Insurance Co Guaranteed)  | 1250000 | 1339802 |
| California Community Choice Financing Authority Series 2025C, 5% 4/1/2030 (American General Life Insurance Co Guaranteed)  | 1250000 | 1348664 |
| Los Angeles CA TRAN Series 2025, 5% 6/25/2026  | 9000000 | 9078198 |
| Northern California Energy Authority Series 2024, 5% 8/1/2026  | 450000 | 454216 |
| San Joaquin Valley Clean Energy Authority 5% 7/1/2028 (Goldman Sachs Group Inc/The Guaranteed)  | 1000000 | 1045829 |
| San Joaquin Valley Clean Energy Authority 5% 7/1/2029 (Goldman Sachs Group Inc/The Guaranteed)  | 1125000 | 1196848 |
| Southern CA Pub Pwr Auth Series 2024 A, 5% 9/1/2029 (American General Life Insurance Co Guaranteed)  | 650000 | 692800 |
| State of California Gen. Oblig. 5% 3/1/2028  | 65000 | 65147 |
| TOTAL GENERAL OBLIGATIONS |  | 18640234 |
| Health Care - 0.3% |  |  |
| California Statewide Community Development Authority Rev 5% 10/1/2028 (f) | 10000000 | 10761449 |
| Housing - 0.3% |  |  |
| California Hsg Fin Agy Ltd Oblig Multifamily Hsg Rev Series 2023 ISSUE V, 5% tender 5/1/2054 (b) | 5000000 | 5059723 |
| Los Angeles Cnty Calif Dev Auth Multifamily Hsg Rev (La County West La Va 156/157 Proj.) Series 2023C, 3.75% tender 12/1/2046 (b) | 3000000 | 3001632 |
| TOTAL HOUSING |  | 8061355 |
| Other - 0.1% |  |  |
| California Health Facs Fing Auth Rev 0% tender 6/2/2026 CP mode  | 4000000 | 4002434 |
| California Infrastructure & Economic Development Bank (Los Angeles County Museum Of Art Proj.) 1.2% tender 12/1/2050 (b) | 395000 | 377226 |
| TOTAL OTHER |  | 4379660 |
| Resource Recovery - 1.1% |  |  |
| California Mun Fin Auth Solid Waste Disp Rev (Republic Services Inc Proj.) Series 2021 B, 3.25% tender 7/1/2051 (b)(c) | 500000 | 500270 |
| California Mun Fin Auth Solid Waste Disp Rev (Republic Services Inc Proj.) Series 2021A, 3.45% tender 7/1/2041 (b)(c) | 6900000 | 6901871 |
| California Mun Fin Auth Solid Waste Disp Rev (Waste Management Inc Del Proj.) 3.45% tender 11/1/2046 (b)(c) | 700000 | 700000 |
| California Mun Fin Auth Solid Waste Disp Rev (Waste Management Inc Del Proj.) Series 2017 A, 3.45% tender 12/1/2044 (b)(c) | 5900000 | 5918827 |
| California Mun Fin Auth Solid Waste Disp Rev (Waste Management Inc Del Proj.) Series 2020, 3.45% tender 10/1/2045 (b)(c) | 3400000 | 3400000 |
| California Mun Fin Auth Solid Waste Disp Rev (Waste Management Inc Del Proj.) Series 2020B, 3.85% tender 11/1/2041 (b)(c) | 5000000 | 5001192 |
| California Mun Fin Auth Solid Waste Disp Rev (Waste Management Inc Del Proj.) Series 2022A, 3.45% tender 10/1/2041 (b)(c) | 3700000 | 3743249 |
| California Pcf Solid Wst Disp (Republic Services Inc Proj.) Series 2017 A 1, 3.25% tender 11/1/2042 (b)(c)(f) | 2300000 | 2300402 |
| California Pcf Solid Wst Disp (Republic Services Inc Proj.) Series 2023, 2.875% tender 7/1/2043 (b)(c)(f) | 1900000 | 1900406 |
| California Pcf Solid Wst Disp (Waste Management Inc Del Proj.) Series B 2, 3.45% tender 11/1/2040 (b)(c) | 3100000 | 3108933 |
| TOTAL RESOURCE RECOVERY |  | 33475150 |
| Synthetics - 0.6% |  |  |
| California Community Choice Financing Authority Participating VRDN Series 2026 XL0727, 2.13% 4/1/2056 (Liquidity Facility Morgan Stanley Bank NA) (b)(d) | 2200000 | 2200000 |
| California Community Choice Financing Authority Participating VRDN Series 2026 XM1346, 1.43% 4/1/2056 (b)(d) | 2520000 | 2520000 |
| California Hsg Fin Agcy Ltd Obl Participating VRDN Series 2023 XF3127, 2.16% 6/1/2030 (Liquidity Facility Mizuho Capital Markets LLC) (b)(d) | 1500000 | 1500000 |
| California Statewide Cmntys Dev Auth Multi Fam Hsg Rev Participating VRDN Series 2025 MIZ9232, 2.16% 10/8/2028 (Liquidity Facility Mizuho Capital Markets LLC) (b)(c)(d)(e) | 2600000 | 2600000 |
| California Statewide Cmntys Dev Auth Multi Fam Hsg Rev Participating VRDN Series 2025 MIZ9233, 2.16% 12/1/2027 (Liquidity Facility Mizuho Capital Markets LLC) (b)(c)(d)(e) | 7310000 | 7310000 |
| San Jose CA Mf Hsg Participating VRDN Series 2025 CF7005, 2% 9/1/2048 (b)(d) | 1991484 | 1991484 |
| TOTAL SYNTHETICS |  | 18121484 |
| Transportation - 0.8% |  |  |
| Bay Area Toll Auth CA Bridge Rev 2.95% tender 4/1/2047 (b) | 100000 | 100011 |
| Bay Area Toll Auth CA Bridge Rev Series 2018 A, 2.625% tender 4/1/2045 (b) | 290000 | 289986 |
| Los Angeles CA Dept Arpts Rev 5% 5/15/2026 (c) | 3310000 | 3327841 |
| Los Angeles CA Dept Arpts Rev 5% 5/15/2026 (c) | 1205000 | 1211495 |
| Los Angeles CA Dept Arpts Rev 5% 5/15/2026 (c) | 550000 | 552965 |
| Los Angeles CA Dept Arpts Rev 5% 5/15/2026 (c) | 135000 | 135727 |
| Los Angeles CA Dept Arpts Rev 5% 5/15/2027 (c) | 1460000 | 1505803 |
| Los Angeles CA Dept Arpts Rev 5% 5/15/2027 (c) | 440000 | 453804 |
| Los Angeles CA Dept Arpts Rev 5% 5/15/2028 (c) | 6515000 | 6883380 |
| Los Angeles CA Dept Arpts Rev Series 2021 A, 5% 5/15/2027 (c) | 1300000 | 1340783 |
| Los Angeles CA Dept Arpts Rev Series 2023 A, 5% 5/15/2026 (c) | 440000 | 442372 |
| Port Oakland Calif Rev Series 2017E, 5% 11/1/2026  | 3910000 | 3977931 |
| Port Oakland Calif Rev Series 2021 H, 5% 5/1/2028 (c) | 1705000 | 1790334 |
| Sacramento Cnty CA Arpt Sys Rv Series 2025A, 5% 7/1/2029 (c) | 1100000 | 1189497 |
| San Diego Cnty CA Reg Arpt Auth Arpt Rev Series 2025 B, 5% 7/1/2029 (c) | 1680000 | 1821738 |
| TOTAL TRANSPORTATION |  | 25023667 |
| Water & Sewer - 0.0% |  |  |
| Castaic Lake Wtr Agy CA Ctfs Series 1999 A, 0% 8/1/2028 (Ambac Assurance Corp Insured) (g) | 225000 | 213285 |
| TOTAL CALIFORNIA |  | 127649897 |
| Colorado - 1.3%  |  |  |
| Education - 0.0% |  |  |
| Colorado Edl & Cultural Fac Auth Rev (Mesivta Of Greater Los Angeles Proj.) 2.23% 6/1/2029, LOC Barlatier SA VRDN (b) | 375000 | 375000 |
| Health Care - 0.5% |  |  |
| Colorado Health Facilities Authority (Advent Health Proj.) 5% tender 11/15/2049 (b) | 905000 | 922147 |
| Colorado Health Facilities Authority (Advent Health Proj.) Series A 1, 5% tender 11/15/2058 (b) | 3060000 | 3245316 |
| Colorado Health Facilities Authority (CommonSpirit Health Proj.) 5% 11/1/2026  | 400000 | 406736 |
| Colorado Health Facilities Authority (Commonspirit Health Proj.) Series 2019 B 2, 5% tender 8/1/2049 (b) | 340000 | 340367 |
| Colorado Health Facilities Authority (Ihc Health Services Inc Proj.) Series 2022B, 5% tender 5/15/2062 (b) | 2155000 | 2180802 |
| Colorado Health Facilities Authority (Ihc Health Services Inc Proj.) Series 2022C, 5% tender 5/15/2062 (b) | 7000000 | 7418600 |
| TOTAL HEALTH CARE |  | 14513968 |
| Housing - 0.3% |  |  |
| Colorado Hsg & Fin Auth Multifamily Hsg Rev Series 2024, 3.5% tender 11/1/2043 (b) | 9090000 | 9104150 |
| Colorado Hsg Fin Auth (CO Single Family Mortgage Proj.) Series 2019 F, 4.25% 11/1/2049  | 55000 | 55813 |
| Colorado Hsg Fin Auth (CO Single Family Mortgage Proj.) Series 2019 H, 4.25% 11/1/2049  | 30000 | 30525 |
| Denver Colo City & Cnty Hsg Auth Multifamily Hsg Rev Series 2025A, 5% 6/1/2029  | 135000 | 142596 |
| Maiker Hsg Partners Colo Multifamily Hsg Rev Series 2023, 4.5% tender 5/1/2042 (b) | 1175000 | 1181954 |
| TOTAL HOUSING |  | 10515038 |
| Other - 0.0% |  |  |
| Colorado Hsg & Fin Auth Multifamily Hsg Rev Series 2025, 3.375% tender 7/1/2044 (b) | 1145000 | 1160995 |
| Special Tax - 0.1% |  |  |
| Baseline Met Dist No 1 Spl Revcolo Series 2024A, 5% 12/1/2027 (Assured Guaranty Inc Insured)  | 1000000 | 1045326 |
| Park Creek Met Dist Colo Ltd Ppty Tax Supported Rev Series 2025, 5% 12/1/2029 (Assured Guaranty Inc Insured)  | 1000000 | 1094132 |
| Park Creek Met Dist Colo Ltd Ppty Tax Supported Rev Series 2025, 5% 12/1/2030 (Assured Guaranty Inc Insured)  | 800000 | 892810 |
| Park Creek Met Dist Colo Ltd Ppty Tax Supported Rev Series 2025, 5% 12/1/2031 (Assured Guaranty Inc Insured)  | 800000 | 908860 |
| TOTAL SPECIAL TAX |  | 3941128 |
| Synthetics - 0.1% |  |  |
| Denver CO City & Cnty Arpt Participating VRDN Series 2018 XM0715, 2.18% 12/1/2043 (Liquidity Facility Morgan Stanley Bank NA) (b)(c)(d) | 1935000 | 1935000 |
| Transportation - 0.3% |  |  |
| Denver CO City & Cnty Arpt 5% 11/15/2026  | 800000 | 815677 |
| Denver CO City & Cnty Arpt 5.25% 11/15/2026 (c) | 775000 | 790161 |
| Denver CO City & Cnty Arpt Series 2017 A, 5% 11/15/2030 (c) | 2530000 | 2631134 |
| Denver CO City & Cnty Arpt Series 2018 A, 5% 12/1/2027 (c) | 2315000 | 2411463 |
| Denver CO City & Cnty Arpt Series 2018 A, 5% 12/1/2029 (c) | 185000 | 197934 |
| Denver CO City & Cnty Arpt Series 2023B, 5% 11/15/2027 (c) | 3035000 | 3162960 |
| TOTAL TRANSPORTATION |  | 10009329 |
| TOTAL COLORADO |  | 42450458 |
| Connecticut - 0.6%  |  |  |
| Education - 0.1% |  |  |
| Connecticut St Health & Edl Facs Auth Revenue (Yale University Proj.) Series 2010A 3, 2.95% tender 7/1/2049 (b) | 1000000 | 1009630 |
| Connecticut St Health & Edl Facs Auth Revenue (Yale University Proj.) Series 2017 B2, 3.2% tender 7/1/2037 (b) | 2575000 | 2582899 |
| TOTAL EDUCATION |  | 3592529 |
| General Obligations - 0.1% |  |  |
| Bridgeport CT Gen. Oblig. Series 2024 A, 5% 7/1/2027 (Build America Mutual Assurance Co Insured)  | 200000 | 207441 |
| Bridgeport CT Gen. Oblig. Series 2024 A, 5% 7/1/2028 (Build America Mutual Assurance Co Insured)  | 1250000 | 1328057 |
| New Haven CT Gen. Oblig. Series 2024, 5% 8/1/2028 (Assured Guaranty Inc Insured)  | 710000 | 754686 |
| West Haven CT BAN 4.25% 3/26/2026  | 1025000 | 1025988 |
| West Haven CT Gen. Oblig. Series 2021, 4% 9/15/2026  | 255000 | 256917 |
| TOTAL GENERAL OBLIGATIONS |  | 3573089 |
| Health Care - 0.0% |  |  |
| Connecticut St Health & Edl Facs Auth Revenue (Nuvance Health Proj.) Series 2019 A, 5% 7/1/2026  | 260000 | 261732 |
| Connecticut St Health & Edl Facs Auth Revenue (Stamford Hospital, CT Proj.) 5% 7/1/2026  | 200000 | 201333 |
| TOTAL HEALTH CARE |  | 463065 |
| Housing - 0.3% |  |  |
| Norwalk Conn Hsg Auth Multifamily Hsg Rev Series 2024, 3.05% tender 9/1/2058 (b) | 5000000 | 5026667 |
| Other - 0.0% |  |  |
| Connecticut St Hsg Fin Auth Hsg Mtg Fin Prog Series 2025 SUB D 2, 3.1% tender 11/15/2064 (b) | 1225000 | 1227020 |
| Special Tax - 0.0% |  |  |
| Connecticut St Spl Tax Oblig Series 2018 B, 5% 10/1/2031  | 500000 | 534667 |
| Connecticut St Spl Tax Oblig Series 2024 B, 5% 7/1/2028  | 605000 | 644914 |
| TOTAL SPECIAL TAX |  | 1179581 |
| Synthetics - 0.1% |  |  |
| Connecticut St Health & Edl Facs Auth Rev Participating VRDN Series 5106, 1.95% 7/1/2048 (Liquidity Facility JP Morgan Chase Bank NA) (b)(d) | 2400000 | 2400000 |
| TOTAL CONNECTICUT |  | 17461951 |
| District Of Columbia - 0.4%  |  |  |
| Education - 0.0% |  |  |
| District Columbia Rev Series 2017 A, 5% 7/1/2027  | 500000 | 514202 |
| General Obligations - 0.2% |  |  |
| District Columbia 0% 3/4/2026, LOC Barclays Bank PLC CP  | 1000000 | 1000054 |
| District Columbia Gen. Oblig. 0% 6/1/2051 VRDN (b)(h) | 4800000 | 4800000 |
| TOTAL GENERAL OBLIGATIONS |  | 5800054 |
| Housing - 0.2% |  |  |
| District Columbia Hsg Fin Mult Series 2022, 2.875% tender 9/1/2041 (b) | 2750000 | 2753503 |
| District Columbia Hsg Fin Mult Series 2024, 3.65% tender 7/1/2028 (b) | 1790000 | 1815196 |
| District Columbia Hsg Fin Mult Series 2025A, 5% 3/1/2028  | 1025000 | 1070494 |
| TOTAL HOUSING |  | 5639193 |
| Other - 0.0% |  |  |
| District of Columbia Housing Finance Agency Series 2025 B, 5% tender 3/1/2029 (b) | 1425000 | 1484819 |
| TOTAL DISTRICT OF COLUMBIA |  | 13438268 |
| District Of Columbia,Maryland,Virginia - 0.1%  |  |  |
| Synthetics - 0.1% |  |  |
| Washington Metropolitan Area Transit Authority Participating VRDN 1.91% 7/15/2060 (Liquidity Facility JP Morgan Chase Bank NA) (b)(d) | 4625000 | 4625000 |
| District Of Columbia,Virginia - 0.4%  |  |  |
| Transportation - 0.4% |  |  |
| Metropolitan Wash DC Arpts Ath 5% 10/1/2026 (c) | 145000 | 147238 |
| Metropolitan Wash DC Arpts Ath Series 2018 A, 5% 10/1/2026 (c) | 325000 | 330016 |
| Metropolitan Wash DC Arpts Ath Series 2018 A, 5% 10/1/2027 (c) | 1585000 | 1645876 |
| Metropolitan Wash DC Arpts Ath Series 2019A, 5% 10/1/2027 (c) | 1785000 | 1853557 |
| Metropolitan Wash DC Arpts Ath Series 2021 A, 5% 10/1/2026 (c) | 920000 | 934199 |
| Metropolitan Wash DC Arpts Ath Series 2023 A, 5% 10/1/2028 (c) | 1690000 | 1799369 |
| Metropolitan Wash DC Arpts Ath Series 2024A, 5% 10/1/2026 (c) | 1695000 | 1721160 |
| Metropolitan Wash DC Arpts Ath Series 2024A, 5% 10/1/2027 (c) | 3985000 | 4138053 |
| Metropolitan Wash DC Arpts Ath Series 2025A, 5% 10/1/2027 (c) | 550000 | 571124 |
| TOTAL DISTRICT OF COLUMBIA,VIRGINIA |  | 13140592 |
| Florida - 4.5%  |  |  |
| Education - 0.0% |  |  |
| Florida Atlantic University Finance Corp Series 2024, 5% 7/1/2028  | 500000 | 529606 |
| Florida Atlantic University Finance Corp Series 2024, 5% 7/1/2029  | 625000 | 676414 |
| Volusia Cnty FL Edl Fac Ath Rv (Embry Riddle Aeronaut Univ, FL Proj.) 5% 10/15/2026  | 750000 | 762954 |
| Volusia Cnty FL Edl Fac Ath Rv (Embry Riddle Aeronaut Univ, FL Proj.) 5% 10/15/2027  | 165000 | 171837 |
| TOTAL EDUCATION |  | 2140811 |
| Electric Utilities - 0.1% |  |  |
| Florida St Mun Pwr Agy Rev (Fmpa St Lucie Project Proj.) Series 2021 A, 5% 10/1/2026  | 300000 | 304579 |
| Florida St Mun Pwr Agy Rev Series 2016A, 5% 10/1/2028  | 1405000 | 1427072 |
| Jacksonville FL Elec Auth Sys Rev Series 2017B, 5% 10/1/2027  | 885000 | 921793 |
| TOTAL ELECTRIC UTILITIES |  | 2653444 |
| Escrowed/Pre-Refunded - 0.1% |  |  |
| Greater Orlando Aviation Auth Series 2016 A, 5% 10/1/2031 (Pre-refunded to 10/1/2026 at 100) (c) | 625000 | 633839 |
| Greater Orlando Aviation Auth Series 2016 A, 5% 10/1/2032 (Pre-refunded to 10/1/2026 at 100) (c) | 500000 | 507071 |
| Orange Cnty FL Health Facs Auth Rev 5% tender 11/15/2052 (b) | 745000 | 758789 |
| TOTAL ESCROWED/PRE-REFUNDED |  | 1899699 |
| General Obligations - 0.3% |  |  |
| Broward Cnty FL Sch Brd Ctfs Part (Broward County FL School District Proj.) Series 2022 A, 5% 7/1/2027  | 1015000 | 1049916 |
| Broward County FL School District Series 2025, 5% 7/1/2028 (Assured Guaranty Inc Insured)  | 2105000 | 2236546 |
| Duval Cnty FL Sch Brd Ctfs Part (Duval Cnty FL School Board Proj.) 5% 7/1/2029 (Assured Guaranty Inc Insured)  | 1000000 | 1088626 |
| Flagler Cnty FL Sch Brd Ctfs Partn (Flagler Cnty Fla Sch Dist Proj.) Series 2024, 5% 8/1/2029 (Assured Guaranty Inc Insured)  | 2000000 | 2166384 |
| Jacksonville Fla Spl Rev (Jacksonville FL Proj.) 5% 10/1/2026  | 65000 | 66106 |
| Jacksonville Fla Spl Rev (Jacksonville FL Proj.) 5% 10/1/2027  | 55000 | 57540 |
| Lake Cnty Fla Sch Brd Cop (Lake County FL School Board Proj.) Series 2025A, 5% 6/1/2028 (Assured Guaranty Inc Insured)  | 1300000 | 1375454 |
| Palm Beach Cnty FL Sch Brd (Palm Beach Cnty FL Sch Dist Proj.) Series 2025A, 5% 8/1/2029  | 720000 | 785084 |
| Seminole Cnty FL Sch Brd Ctfs (Seminole Cnty FL Sch Dist Proj.) 5% 7/1/2026  | 25000 | 25224 |
| TOTAL GENERAL OBLIGATIONS |  | 8850880 |
| Health Care - 1.1% |  |  |
| Brevard Cnty FL Health Fac (Health First Inc Proj.) Series 2023 A, 5% 4/1/2026  | 290000 | 290606 |
| Brevard Cnty FL Health Fac (Health First Inc Proj.) Series 2023 A, 5% 4/1/2028  | 325000 | 342308 |
| City of Tampa FL (H Lee Moffitt Cancer Ctr Proj.) 5% 7/1/2026  | 175000 | 176429 |
| City of Tampa FL (H Lee Moffitt Cancer Ctr Proj.) 5% 7/1/2027  | 150000 | 154960 |
| Highlands County Health Facilities Authority (Advent Health Proj.) Series 2012I 5, 1.88% 11/15/2035 VRDN (b) | 2100000 | 2100000 |
| Highlands County Health Facilities Authority (Advent Health Proj.) Series 2025 C, 1.85% 11/15/2060 (Liquidity Facility PNC Bank NA) VRDN (b) | 2500000 | 2500000 |
| Highlands County Health Facilities Authority (Advent Health Proj.) Series 2025 D, 1.85% 11/15/2060 (Liquidity Facility PNC Bank NA) VRDN (b) | 8820000 | 8820000 |
| Jacksonville Fla Health Care Facs Rev (Baptist Medical Center, Fl Proj.) Series 2019 D, 1.92% 8/1/2036 VRDN (b) | 180000 | 180000 |
| Jacksonville Fla Health Care Facs Rev (Baptist Medical Center, Fl Proj.) Series 2019E, 1.92% 8/1/2036 VRDN (b) | 690000 | 690000 |
| Lakeland FL Hosp Sys Rev Series 2016, 5% 11/15/2026  | 1500000 | 1526220 |
| Lee County Industrial Development Authority/FL (Lee Mem Health Sys Fl Hosp Rev Proj.) 2.49% 4/1/2049 VRDN (b) | 9800000 | 9800000 |
| Lee County Industrial Development Authority/FL (Lee Mem Health Sys Fl Hosp Rev Proj.) Series 2026A 2, 5% tender 4/1/2065 (b)(h) | 401000 | 457345 |
| Orange Cnty FL Health Facs Auth Rev (Advent Health Proj.) 5% tender 11/15/2052 (b) | 5370000 | 5470152 |
| South Miami FL Hlth Fcs Hsp Rv (Baptist Health Sys of So FL Proj.) Series 2017, 5% 8/15/2027  | 505000 | 523957 |
| TOTAL HEALTH CARE |  | 33031977 |
| Housing - 0.4% |  |  |
| Fla Hsg Fin Corp Multifamily Mtg Rev (Brownsville Transit Vge Proj.) 3.35% tender 10/1/2027 (b) | 2250000 | 2258670 |
| Fla Hsg Fin Corp Multifamily Mtg Rev (Culmer Apts Proj.) Series 2023 C, 3.08% tender 12/1/2026 (b) | 4000000 | 4000468 |
| Florida Hsg Fin Corp Mltfmy Rv Series 2024 E, 3.8% tender 6/1/2042 (b) | 1370000 | 1371286 |
| Lee Cnty FL Hsg Fin Auth Mfh Series 2025 B, 3.125% tender 10/1/2029 (b) | 1750000 | 1766564 |
| Miami Dade Cnty FL Hsg Fin Auth Multifamily Hsg Rev Series 2025B, 3.55% tender 3/1/2029 (b) | 2000000 | 2037052 |
| TOTAL HOUSING |  | 11434040 |
| Other - 0.2% |  |  |
| Fla Hsg Fin Corp Multifamily Mtg Rev Series 2025 S, 2.85% tender 10/1/2043 (b) | 2000000 | 2001453 |
| Miami Dade Cnty FL Hsg Fin Auth Multifamily Hsg Rev Series 2024, 3.4% tender 1/1/2045 (b) | 5000000 | 5049035 |
| TOTAL OTHER |  | 7050488 |
| Resource Recovery - 0.2% |  |  |
| Florida Dev Fin Corp Solid Waste Disp Rev (Waste Management Inc Del Proj.) Series 2025A, 3.4% tender 9/1/2050 (b)(c) | 2035000 | 2046826 |
| Miami-Dade Cnty FL Ida Sld Waste Disp Rev (Waste Management Inc Del Proj.) Series 2018 B, 4% tender 11/1/2048 (b)(c) | 3800000 | 3802538 |
| TOTAL RESOURCE RECOVERY |  | 5849364 |
| Special Tax - 0.9% |  |  |
| County of Pasco FL Series 2023 A, 5.25% 9/1/2026 (Assured Guaranty Inc Insured)  | 275000 | 278948 |
| Florida Ins Assistance Interlocal Agy Fla Ins Assmt Rev Series 2023 A2, 2.62% 9/1/2032 (Liquidity Facility Florida St) VRDN (b) | 19800000 | 19800000 |
| Monroe Cnty FL School Dist TAN Series 2025, 4% 6/30/2026  | 6055000 | 6087704 |
| Southeast Overtown Park West Community Redevelopment Agency Series 2025 A, 5% 3/1/2028 (Assured Guaranty Inc Insured)  | 670000 | 703047 |
| Southeast Overtown Park West Community Redevelopment Agency Series 2025B, 5% 3/1/2028 (Assured Guaranty Inc Insured)  | 745000 | 781747 |
| TOTAL SPECIAL TAX |  | 27651446 |
| Synthetics - 0.6% |  |  |
| Cap Trust FL Landfill Participating VRDN Series 2025 YX1371, 2.25% 12/1/2044 (Liquidity Facility Barclays Bank PLC) (b)(c)(d) | 1400000 | 1400000 |
| Florida Dev Fin Corp Rev Participating VRDN 2.3% 7/1/2053 (Liquidity Facility Barclays Bank PLC) (b)(c)(d) | 1400000 | 1400000 |
| Florida Dev Fin Corp Rev Participating VRDN Series 2024 XF1704, 2.08% 7/1/2053 (Liquidity Facility Royal Bank of Canada NY) (b)(c)(d) | 3610000 | 3610000 |
| Greater Orlando Aviation Auth Participating VRDN 2.03% 10/1/2036 (Liquidity Facility JP Morgan Chase Bank NA) (b)(c)(d) | 1000000 | 1000000 |
| Miami Dade Cnty FL Hfa Mfm Rev Participating VRDN Series 2026 XG0636, 2.2% 1/1/2065 (Liquidity Facility Barclays Bank PLC) (b)(d) | 4360000 | 4360000 |
| Miami Dade County Hsg Multi Fam Hsg Rev Participating VRDN Series 2022 MIZ9087, 2.11% 11/1/2061 (Liquidity Facility Mizuho Capital Markets LLC) (b)(d)(e) | 920000 | 920000 |
| Miami-Dade Cnty Fla Aviat Rev Participating VRDN Series 2025 CF7044, 2.03% 10/1/2040 (Liquidity Facility Citibank NA) (b)(c)(d) | 6000000 | 6000000 |
| Orlando Health Participating VRDN Series 2022 026, 2.18% 10/1/2044 (Liquidity Facility Barclays Bank PLC) (b)(d) | 500000 | 500000 |
| TOTAL SYNTHETICS |  | 19190000 |
| Transportation - 0.6% |  |  |
| Broward Cnty FL Arpt Sys Rev Series 2019 A, 5% 10/1/2026 (c) | 1000000 | 1013922 |
| Broward Cnty FL Arpt Sys Rev Series 2019 A, 5% 10/1/2027 (c) | 1250000 | 1297219 |
| Greater Orlando Aviation Auth Series 2016 A, 5% 10/1/2027 (Pre-refunded to 10/1/2026 at 100) (c) | 500000 | 507071 |
| Greater Orlando Aviation Auth Series 2016 A, 5% 10/1/2029 (Pre-refunded to 10/1/2026 at 100) (c) | 500000 | 507071 |
| Greater Orlando Aviation Auth Series 2016 A, 5% 10/1/2030 (Pre-refunded to 10/1/2026 at 100) (c) | 1000000 | 1014143 |
| Greater Orlando Aviation Auth Series 2016 A, 5% 10/1/2033 (Pre-refunded to 10/1/2026 at 100) (c) | 1000000 | 1012744 |
| Greater Orlando Aviation Auth Series 2016 A, 5% 10/1/2034 (Pre-refunded to 10/1/2026 at 100) (c) | 1000000 | 1014142 |
| Greater Orlando Aviation Auth Series 2016 A, 5% 10/1/2035 (Pre-refunded to 10/1/2026 at 100) (c) | 1000000 | 1014143 |
| Greater Orlando Aviation Auth Series 2017A, 5% 10/1/2026 (c) | 10000 | 10145 |
| Hillsborough Cnty FL Aviation (Tampa International Airport Proj.) Series 2022A, 5% 10/1/2027 (c) | 535000 | 555294 |
| Lee Cnty FL Airport 5% 10/1/2027 (c) | 1450000 | 1505461 |
| Lee Cnty FL Airport 5% tender 10/1/2056 (b)(c)(h) | 125000 | 136974 |
| Miami-Dade Cnty Fla Aviat Rev Series 2024 A, 5% 10/1/2028 (c) | 4100000 | 4345242 |
| Miami-Dade Cnty Fla Seaport Rev 5% 10/1/2027 (c) | 2625000 | 2712587 |
| Palm Beach Cnty FL Arpt Sys Series 2024 B, 5% 10/1/2026 (c) | 105000 | 106462 |
| Palm Beach Cnty FL Arpt Sys Series 2024 B, 5% 10/1/2027 (c) | 2100000 | 2179328 |
| Palm Beach Cnty FL Arpt Sys Series 2024 B, 5% 10/1/2028 (c) | 1250000 | 1330894 |
| TOTAL TRANSPORTATION |  | 20262842 |
| TOTAL FLORIDA |  | 140014991 |
| Georgia - 3.9%  |  |  |
| Electric Utilities - 1.7% |  |  |
| Appling Cnty GA Dev Auth Pcr (Oglethorpe Pwr Corp Proj.) 2.25% 1/1/2038 VRDN (b) | 13030000 | 13030000 |
| Bartow Cnty GA Dev Auth Pollution Cont Rev (Georgia Power Co Proj.) Series FIRST 2013, 2.9% tender 8/1/2043 (b) | 1200000 | 1206259 |
| Bartow Cnty GA Dev Auth Solid Waste Disp Fac Rev (Georgia Power Co Proj.) 2.1% 11/1/2062 VRDN (b)(c) | 2650000 | 2650000 |
| Bartow Cnty GA Dev Auth Solid Waste Disp Fac Rev (Georgia Power Co Proj.) 2.15% 11/1/2062 VRDN (b)(c) | 1695000 | 1695000 |
| Burke Cnty GA Dev Auth Pcr (Georgia Power Co Proj.) Series 1997, 2.1% 11/1/2052 VRDN (b)(c) | 3300000 | 3300000 |
| Burke Cnty GA Dev Auth Pcr (Georgia Power Co Proj.) Series 2013 FIRST, 3.375% tender 11/1/2053 (b) | 1385000 | 1395759 |
| Burke Cnty GA Dev Auth Pcr (Georgia Power Co Proj.) Series 2018, 1.85% 11/1/2052 VRDN (b) | 1460000 | 1460000 |
| Burke Cnty GA Dev Auth Pcr (Georgia Power Co Proj.) Series FIFTH 1994, 3.7% tender 10/1/2032 (b) | 1165000 | 1192693 |
| Burke Cnty GA Dev Auth Pcr (Georgia Power Co Proj.) Series FIRST 2008, 3.35% tender 11/1/2048 (b) | 6000000 | 6118744 |
| Burke Cnty GA Dev Auth Pcr (Georgia Power Co Proj.) Series FOURTH 1994, 3.8% tender 10/1/2032 (b) | 3960000 | 3970738 |
| Burke Cnty GA Dev Auth Pcr (Georgia Power Co Proj.) Series FOURTH 1995, 3.8% tender 10/1/2032 (b) | 2875000 | 2882796 |
| Burke Cnty GA Dev Auth Pcr (Georgia Power Co Proj.) Series SECOND 2012, 3.3% tender 12/1/2049 (b) | 2000000 | 2028777 |
| Georgia Mun Elec Auth Pwr Rev 5% 11/1/2026  | 870000 | 886392 |
| Georgia Mun Elec Auth Pwr Rev 5% 7/1/2026 (Assured Guaranty Inc Insured)  | 310000 | 312945 |
| Georgia Mun Elec Auth Pwr Rev 5% 7/1/2026 (Assured Guaranty Inc Insured)  | 300000 | 302849 |
| Georgia Mun Elec Auth Pwr Rev Series 2024A, 5% 1/1/2027  | 420000 | 429914 |
| Georgia Mun Elec Auth Pwr Rev Series 2024A, 5% 1/1/2028  | 375000 | 394045 |
| Monroe Cnty GA Dev Auth Pcr (Georgia Power Co Proj.) Series FIRST 2008, 3.35% tender 11/1/2048 (b) | 610000 | 620896 |
| Monroe Cnty GA Dev Auth Pcr (Georgia Power Co Proj.) Series FIRST 2012, 3.875% tender 6/1/2042 (b) | 1250000 | 1250165 |
| Monroe Cnty GA Dev Auth Pcr (Georgia Power Co Proj.) Series SECOND 2009, 3.75% tender 10/1/2048 (b) | 3675000 | 3675484 |
| Monroe Cnty GA Dev Auth Pcr (Georgia Power Co Proj.) Series SECOND 2006, 3.875% tender 12/1/2041 (b) | 3500000 | 3500461 |
| Monroe Cnty GA Dev Auth Pcr (Oglethorpe Pwr Corp Proj.) Series 2013A, 3.6% tender 1/1/2039 (b) | 565000 | 583408 |
| TOTAL ELECTRIC UTILITIES |  | 52887325 |
| General Obligations - 1.2% |  |  |
| Main Street Natural Gas Inc 4% 12/1/2026 (Citigroup Inc Guaranteed)  | 2200000 | 2219909 |
| Main Street Natural Gas Inc 4% 12/1/2027 (Citigroup Inc Guaranteed)  | 3235000 | 3302341 |
| Main Street Natural Gas Inc 4% tender 5/1/2052 (Citigroup Inc Guaranteed) (b) | 1980000 | 2038639 |
| Main Street Natural Gas Inc 5% 12/1/2027 (Toronto Dominion Bank Guaranteed)  | 1000000 | 1037750 |
| Main Street Natural Gas Inc 5% 12/1/2028 (Toronto Dominion Bank Guaranteed)  | 750000 | 792585 |
| Main Street Natural Gas Inc 5% 6/1/2026 (Citigroup Inc Guaranteed)  | 2100000 | 2110803 |
| Main Street Natural Gas Inc 5% 6/1/2026 (Toronto Dominion Bank Guaranteed)  | 700000 | 703793 |
| Main Street Natural Gas Inc 5% 6/1/2030 (Toronto Dominion Bank Guaranteed)  | 250000 | 271151 |
| Main Street Natural Gas Inc 5% tender 6/1/2053 (Citigroup Inc Guaranteed) (b) | 480000 | 513717 |
| Main Street Natural Gas Inc 5% tender 6/1/2055 (Toronto Dominion Bank Guaranteed) (b) | 1115000 | 1224177 |
| Main Street Natural Gas Inc Series 2019 C, 4% tender 3/1/2050 (Citigroup Inc Guaranteed) (b) | 4055000 | 4078985 |
| Main Street Natural Gas Inc Series 2022 C, 4% tender 8/1/2052 (b)(f) | 6000000 | 6050773 |
| Main Street Natural Gas Inc Series 2022A, 4% 12/1/2026 (Citigroup Inc Guaranteed)  | 245000 | 247071 |
| Main Street Natural Gas Inc Series 2022B, 5% 6/1/2026 (Citigroup Inc Guaranteed)  | 800000 | 804175 |
| Main Street Natural Gas Inc Series 2022B, 5% tender 12/1/2052 (Citigroup Inc Guaranteed) (b) | 1300000 | 1377947 |
| Main Street Natural Gas Inc Series 2023B, 5% 3/1/2026 (Royal Bank of Canada Guaranteed)  | 930000 | 930225 |
| Main Street Natural Gas Inc Series 2023D, 5% 12/1/2026 (Citigroup Inc Guaranteed)  | 620000 | 629790 |
| Main Street Natural Gas Inc Series 2023D, 5% 12/1/2027 (Citigroup Inc Guaranteed)  | 1700000 | 1758869 |
| Main Street Natural Gas Inc Series 2023D, 5% 12/1/2028 (Citigroup Inc Guaranteed)  | 1850000 | 1947022 |
| Main Street Natural Gas Inc Series 2024 A 1, 5% 3/1/2026 (Royal Bank of Canada Guaranteed)  | 680000 | 680164 |
| Main Street Natural Gas Inc Series 2024 A 1, 5% 3/1/2028 (Royal Bank of Canada Guaranteed)  | 1025000 | 1069151 |
| Main Street Natural Gas Inc Series 2024 A 1, 5% 9/1/2026 (Royal Bank of Canada Guaranteed)  | 550000 | 556139 |
| Main Street Natural Gas Inc Series 2024 A 1, 5% 9/1/2028 (Royal Bank of Canada Guaranteed)  | 900000 | 947963 |
| Main Street Natural Gas Inc Series 2024 A 1, 5% tender 5/1/2054 (Royal Bank of Canada Guaranteed) (b) | 310000 | 338189 |
| Main Street Natural Gas Inc Series 2024B, 5% 9/1/2026 (Royal Bank of Canada Guaranteed)  | 275000 | 278070 |
| Main Street Natural Gas Inc Series 2024C, 5% 12/1/2026 (Citigroup Inc Guaranteed)  | 875000 | 888816 |
| Main Street Natural Gas Inc Series 2024D, 5% tender 4/1/2054 (Toronto Dominion Bank Guaranteed) (b) | 1000000 | 1089122 |
| TOTAL GENERAL OBLIGATIONS |  | 37887336 |
| Health Care - 0.2% |  |  |
| Cobb Cnty GA Kennestone Hosp (Wellstar Health System Inc Proj.) Series 2025 A, 1.9% 4/1/2047, LOC Bank of America NA VRDN (b) | 5000000 | 5000000 |
| Housing - 0.3% |  |  |
| Atlanta GA Urban Resdtl Fin Auth Mf Hsg Rev (North Block Assoc Proj.) 3.4% tender 2/1/2029 (b) | 2500000 | 2530402 |
| Atlanta GA Urban Resdtl Fin Auth Mf Hsg Rev Series 2025, 3.15% tender 12/1/2029 (b) | 3602000 | 3635616 |
| Decatur GA Hsg Auth Multifamily Hsg Rev Series 2025, 3.6% tender 8/1/2028 (b) | 1225000 | 1240773 |
| Warner Robins GA Hsg Auth Multifamily Rev Series 2024, 5% tender 2/1/2029 (b) | 2500000 | 2611140 |
| TOTAL HOUSING |  | 10017931 |
| Other - 0.1% |  |  |
| City of Atlanta GA 2.45% 4/2/2026 CP  | 2785000 | 2784861 |
| City of Atlanta GA 2.47% 4/2/2026 CP  | 500000 | 499975 |
| Columbia GA Hsg Au Mlti Fam Rv 5% tender 4/1/2028 (b) | 1250000 | 1280976 |
| TOTAL OTHER |  | 4565812 |
| Synthetics - 0.0% |  |  |
| Buford Hsg Auth Multi Fam Participating VRDN Series 2023 XF3118, 2.16% 3/1/2041 (Liquidity Facility Mizuho Capital Markets LLC) (b)(d) | 1600000 | 1600000 |
| Transportation - 0.3% |  |  |
| Atlanta GA Arpt Rev 5% 7/1/2026 (c) | 1000000 | 1008430 |
| Atlanta GA Arpt Rev Series 2023G, 5% 7/1/2026 (c) | 2250000 | 2268968 |
| Atlanta GA Arpt Rev Series 2023G, 5% 7/1/2027 (c) | 2045000 | 2110170 |
| Atlanta GA Arpt Rev Series 2025B B 1, 5% 7/1/2029 (c) | 3655000 | 3957257 |
| TOTAL TRANSPORTATION |  | 9344825 |
| Water & Sewer - 0.1% |  |  |
| Atlanta GA Wtr & Wastewtr Rev 2.42% 3/5/2026, LOC TD Bank NA CP  | 2524000 | 2524082 |
| TOTAL GEORGIA |  | 123827311 |
| Hawaii - 0.4%  |  |  |
| General Obligations - 0.2% |  |  |
| Hawaii St Gen. Oblig. Series 2016 FB, 4% 4/1/2029  | 6000000 | 6009428 |
| Honolulu HI City & Cnty Gen. Oblig. Series 2022 A, 5% 11/1/2026  | 815000 | 830769 |
| TOTAL GENERAL OBLIGATIONS |  | 6840197 |
| Housing - 0.2% |  |  |
| Hawaii St Hsg Fin & Dev Corp Multifamily Rev 3.3% tender 12/1/2029 (b) | 4205000 | 4256773 |
| Honolulu HI City & Cnty Mfr Series 2023, 5% tender 6/1/2027 (b) | 2080000 | 2092812 |
| TOTAL HOUSING |  | 6349585 |
| TOTAL HAWAII |  | 13189782 |
| Idaho - 0.1%  |  |  |
| Health Care - 0.0% |  |  |
| Idaho Health Facs Auth Rev (St Lukes Regional Med Ctr, ID Proj.) Series 2021 A, 5% 3/1/2032  | 505000 | 576233 |
| Housing - 0.1% |  |  |
| Idaho Hsg & Fin Assn (ID Single Family Hsg 7/1/19 Proj.) Series 2019 A, 4% 1/1/2050  | 20000 | 20261 |
| Idaho Hsg & Fin Assn Multifamily Hsg Rev 3.35% tender 6/10/2050 (b) | 2500000 | 2528668 |
| TOTAL HOUSING |  | 2548929 |
| TOTAL IDAHO |  | 3125162 |
| Illinois - 3.8%  |  |  |
| Education - 0.2% |  |  |
| Illinois Fin Auth Rev (Bradley University Proj.) Series 2017 C, 5% 8/1/2026  | 35000 | 35301 |
| Illinois Fin Auth Rev 0% 4/9/2026 CP  | 2000000 | 2000533 |
| Illinois Fin Auth Rev 2.6% 4/7/2026 CP  | 4900000 | 4901243 |
| Northern IL Univ Revs Series 2020 B, 5% 4/1/2026 (Build America Mutual Assurance Co Insured)  | 650000 | 651171 |
| TOTAL EDUCATION |  | 7588248 |
| Escrowed/Pre-Refunded - 0.2% |  |  |
| Metropolitan Pier & Expo Auth Hosp Facs Rev 7% 7/1/2026 (Escrowed to Maturity)  | 575000 | 583561 |
| Railsplitter Tobacco Settlement Auth Settlement Rev Series 2017, 5% 6/1/2026 (Escrowed to Maturity)  | 940000 | 946584 |
| Railsplitter Tobacco Settlement Auth Settlement Rev Series 2017, 5% 6/1/2027 (Pre-refunded to 6/1/2026 at 100)  | 2385000 | 2401705 |
| Railsplitter Tobacco Settlement Auth Settlement Rev Series 2017, 5% 6/1/2028 (Pre-refunded to 6/1/2026 at 100)  | 4545000 | 4576833 |
| TOTAL ESCROWED/PRE-REFUNDED |  | 8508683 |
| General Obligations - 1.5% |  |  |
| Chicago IL Brd Ed Series 2018 A, 5% 12/1/2026 (Assured Guaranty Inc Insured)  | 2000000 | 2035088 |
| Chicago IL Brd Ed Series 2025 B, 5.25% 12/1/2031  | 650000 | 696235 |
| Chicago IL Brd Ed Series 2025C, 5.25% 12/1/2028  | 1000000 | 1043417 |
| Chicago IL Gen. Oblig. Series 2020A, 5% 1/1/2027  | 3600000 | 3643935 |
| Chicago IL Gen. Oblig. Series 2021 B, 4% 1/1/2030  | 1652000 | 1687489 |
| Chicago IL Met Water Recl Dist Gen. Oblig. Series A, 5% 12/1/2027  | 3035000 | 3094680 |
| Cook Cnty IL Gen. Oblig. Series 2021 B, 4% 11/15/2026  | 235000 | 237629 |
| Illinois St Gen. Oblig. 5% 2/1/2027  | 3380000 | 3460174 |
| Illinois St Gen. Oblig. 5% 3/1/2026  | 2185000 | 2185614 |
| Illinois St Gen. Oblig. Series 2016, 5% 1/1/2030  | 3000000 | 3005808 |
| Illinois St Gen. Oblig. Series 2017C, 5% 11/1/2029  | 1000000 | 1041028 |
| Illinois St Gen. Oblig. Series 2017D, 3.25% 11/1/2026  | 4910000 | 4939200 |
| Illinois St Gen. Oblig. Series 2017D, 5% 11/1/2026  | 1755000 | 1785299 |
| Illinois St Gen. Oblig. Series 2018A, 6% 5/1/2026  | 880000 | 885148 |
| Illinois St Gen. Oblig. Series MAY 2023 C, 5% 5/1/2026  | 1500000 | 1506371 |
| Illinois St Gen. Oblig. Series MAY 2023 C, 5% 5/1/2029  | 1005000 | 1084396 |
| Illinois St Gen. Oblig. Series MAY 2023D, 5% 7/1/2026  | 5000000 | 5042988 |
| Illinois St Gen. Oblig. Series MAY 2024 B, 5% 5/1/2026  | 1500000 | 1506371 |
| Illinois St Gen. Oblig. Series MAY 2024 B, 5% 5/1/2027  | 2920000 | 3007951 |
| Illinois St Gen. Oblig. Series MAY 2024 B, 5% 5/1/2028  | 625000 | 659575 |
| Illinois St Gen. Oblig. Series MAY 2024 B, 5% 5/1/2029  | 1000000 | 1079001 |
| Illinois St Gen. Oblig. Series OCT 2020 B, 5% 10/1/2028  | 1030000 | 1097351 |
| Kane Cook & DuPage Cntys IL Sch Dist Series 2024, 5% 1/1/2027  | 500000 | 511171 |
| Kane Cook & DuPage Cntys IL Sch Dist Series 2024, 5% 1/1/2030  | 550000 | 604529 |
| Kane McHenry Cook & DuPage Cntys IL Sch Dist Series 2015, 5% 1/1/2027  | 395000 | 395636 |
| TOTAL GENERAL OBLIGATIONS |  | 46236084 |
| Health Care - 0.3% |  |  |
| Illinois Fin Auth Rev (Osf Healthcare System Proj.) Series 2015 A, 5% 11/15/2026  | 95000 | 95160 |
| Illinois Fin Auth Rev (Osf Healthcare System Proj.) Series 2016, 5% 5/15/2026  | 20000 | 20090 |
| Illinois Fin Auth Rev (Osf Healthcare System Proj.) Series 2016, 5% 5/15/2027  | 140000 | 140610 |
| Illinois Finance Authority Rev (Osf Healthcare System Proj.) Series 2020 B 2, 5% tender 5/15/2050 (b) | 3000000 | 3012443 |
| Illinois Finance Authority Rev (University Of Chicago Hosps,Il Proj.) 5% tender 8/15/2052 (b) | 4785000 | 4921625 |
| TOTAL HEALTH CARE |  | 8189928 |
| Housing - 0.0% |  |  |
| Illinois Housing Dev Auth (IL Homeowner Mortgage Proj.) Series C, 2.9% 8/1/2031  | 40000 | 39999 |
| Other - 0.1% |  |  |
| Illinois Fin Auth Rev Series 2019, U.S. SOFR Index + 1.2%, 3.719% tender 11/1/2034 (b)(i) | 1935000 | 1940808 |
| Special Tax - 0.2% |  |  |
| Cook Cnty Ill Sales Tax Rev Series 2024, 5% 11/15/2027  | 500000 | 522781 |
| Metropolitan Pier & Exposition Auth Ill Dedicated St Tax Rev 0% 12/15/2029 (National Public Finance Guarantee Corporation Insured) (g) | 575000 | 516522 |
| Metropolitan Pier & Exposition Auth Ill Dedicated St Tax Rev 0% 6/15/2029 (National Public Finance Guarantee Corporation Insured) (g) | 1000000 | 911287 |
| Metropolitan Pier & Exposition Auth Ill Dedicated St Tax Rev 5% 12/15/2028  | 1000000 | 1038092 |
| Metropolitan Pier & Exposition Auth Ill Dedicated St Tax Rev 5% 6/15/2029  | 1675000 | 1738777 |
| TOTAL SPECIAL TAX |  | 4727459 |
| Synthetics - 0.1% |  |  |
| Chicago IL O'Hare Intl Arpt Rev Participating VRDN Series 2023 XF1457, 2.15% 1/1/2053 (Liquidity Facility JP Morgan Chase Bank NA) (b)(c)(d) | 1385000 | 1385000 |
| Chicago IL O'Hare Intl Arpt Rev Participating VRDN Series 2025 XF8113, 2.07% 1/1/2055 (Liquidity Facility JP Morgan Chase Bank NA) (b)(c)(d) | 1000000 | 1000000 |
| Illinois Fin Auth Lease Rev Participating VRDN Series 2024 MIZ9167, 2% 5/15/2034 (Liquidity Facility Mizuho Capital Markets LLC) (b)(d) | 2000000 | 2000000 |
| TOTAL SYNTHETICS |  | 4385000 |
| Transportation - 1.0% |  |  |
| Chicago IL Midway Arpt Rev Series 2023 C, 5% 1/1/2027 (c) | 1595000 | 1626798 |
| Chicago IL Midway Arpt Rev Series 2023 C, 5% 1/1/2029 (c) | 2500000 | 2667550 |
| Chicago IL Midway Arpt Rev Series 2024A, 5% 1/1/2027 (c) | 2500000 | 2549841 |
| Chicago IL Midway Arpt Rev Series 2025 A, 5% 1/1/2027 (c) | 1815000 | 1851184 |
| Chicago IL Midway Arpt Rev Series 2025 A, 5% 1/1/2028 (c) | 2150000 | 2243790 |
| Chicago IL O'Hare Intl Arpt Rev 5% 1/1/2027 (c) | 7500000 | 7649522 |
| Chicago IL O'Hare Intl Arpt Rev 5% 1/1/2027 (c) | 85000 | 86694 |
| Chicago IL O'Hare Intl Arpt Rev Series 2024C, 5% 1/1/2028 (c) | 6580000 | 6867041 |
| Chicago IL Tran Auth Cap Grnt Rcpts Rev Series 5307, 5% 6/1/2026  | 2000000 | 2011068 |
| Chicago IL Tran Auth Cap Grnt Rcpts Rev Series 5337, 5% 6/1/2026  | 2750000 | 2765219 |
| TOTAL TRANSPORTATION |  | 30318707 |
| Water & Sewer - 0.2% |  |  |
| Chicago IL Wastewater Transmission Rev Series 2024B, 5% 1/1/2030 (Build America Mutual Assurance Co Insured)  | 1825000 | 1997506 |
| Illinois Fin Auth Wtr Fac Rev 3.875% tender 5/1/2040 (b) | 1500000 | 1541506 |
| Illinois Finance Authority Rev (IL Wtr State Rev Fund Proj.) 5% 1/1/2027  | 1275000 | 1305639 |
| Illinois Finance Authority Rev (IL Wtr State Rev Fund Proj.) 5% 1/1/2028  | 465000 | 489483 |
| Illinois Finance Authority Rev (IL Wtr State Rev Fund Proj.) 5% 7/1/2029  | 2000000 | 2181828 |
| TOTAL WATER & SEWER |  | 7515962 |
| TOTAL ILLINOIS |  | 119450878 |
| Indiana - 2.1%  |  |  |
| Education - 0.1% |  |  |
| Indiana Univ Revs 2.42% 6/24/2026 CP  | 1592000 | 1591987 |
| Electric Utilities - 0.3% |  |  |
| Indiana Mun Pwr Agy Pwr Supply Series 2025A, 5% 1/1/2027 (Assured Guaranty Inc Insured)  | 4000000 | 4093446 |
| Rockport Ind Pollution Ctl Rev (Indiana Michigan Power Co Proj.) Series 2025 A, 3.7% tender 6/1/2047 (b) | 5120000 | 5244435 |
| TOTAL ELECTRIC UTILITIES |  | 9337881 |
| General Obligations - 0.1% |  |  |
| Westfield Washington Ind Multi (Westfield-Wash Ind Schs Proj.) Series 2024 A, 5% 1/15/2029 (Build America Mutual Assurance Co Insured)  | 450000 | 481223 |
| Westfield Washington Ind Multi (Westfield-Wash Ind Schs Proj.) Series 2024 A, 5% 7/15/2027 (Build America Mutual Assurance Co Insured)  | 500000 | 517143 |
| Westfield Washington Ind Multi (Westfield-Wash Ind Schs Proj.) Series 2024 A, 5% 7/15/2028 (Build America Mutual Assurance Co Insured)  | 1175000 | 1242953 |
| Westfield Washington Ind Multi (Westfield-Wash Ind Schs Proj.) Series 2024 A, 5% 7/15/2029 (Build America Mutual Assurance Co Insured)  | 600000 | 650127 |
| TOTAL GENERAL OBLIGATIONS |  | 2891446 |
| Health Care - 0.2% |  |  |
| Indiana Fin Auth Health Fac Rev (Hendricks Reg Hlth Proj.) Series 2024, 5% 3/1/2027  | 230000 | 235450 |
| Indiana Fin Auth Health Fac Rev (Hendricks Reg Hlth Proj.) Series 2024, 5% 3/1/2028  | 340000 | 354814 |
| Indiana Fin Auth Health Fac Rev (Hendricks Reg Hlth Proj.) Series 2024, 5% 3/1/2029  | 380000 | 404577 |
| Indiana Fin Auth Health Fac Rev (Hendricks Reg Hlth Proj.) Series 2024, 5% 3/1/2030  | 500000 | 542314 |
| Indiana Fin Auth Health Sys Rev (Indiana University Health Proj.) Series 2023B1, 5% tender 10/1/2062 (b) | 4880000 | 5136882 |
| Indiana St Fin Auth Rev (Ascension Health Credit Group Proj.) Series 2025A 1, 5% 11/15/2028  | 675000 | 722132 |
| Indiana St Fin Auth Rev (Community Foundation of Northwest Indiana Inc Proj.) 5% 9/1/2026  | 205000 | 207619 |
| TOTAL HEALTH CARE |  | 7603788 |
| Housing - 0.0% |  |  |
| Indiana St Hsg & Cmnty Dev Single Fam Hsg Rev (IN Sfm Revenue Bonds 6/1/2016 Proj.) 3% 1/1/2052  | 600000 | 594978 |
| Industrial Development - 0.8% |  |  |
| Whiting Ind Environmental Facs (Bp Products North America Inc Proj.) Series 2019A, 5% tender 12/1/2044 (BP PLC Guaranteed) (b)(c) | 24500000 | 24655264 |
| Lease Revenue - 0.2% |  |  |
| Fort Wayne IN Redev Auth Lease Rent Rev Series 2022, 4% 8/1/2026  | 895000 | 901265 |
| Indiana St Fin Auth Rev Series 2025A, 5% 2/1/2030  | 5000000 | 5471132 |
| TOTAL LEASE REVENUE |  | 6372397 |
| Resource Recovery - 0.3% |  |  |
| Indiana St Dev Fin Au Sol Wst (Waste Management Inc Del Proj.) 4.6% tender 10/1/2031 (b)(c) | 5000000 | 5041675 |
| Indiana St Fin Auth Economic Dev Rev (Republic Services Inc Proj.) Series 2010A, 3.45% tender 5/1/2028 (b)(c) | 2800000 | 2800000 |
| Indiana St Fin Auth Economic Dev Rev (Republic Services Inc Proj.) Series 2012, 3.45% tender 5/1/2028 (b)(c) | 2300000 | 2300000 |
| TOTAL RESOURCE RECOVERY |  | 10141675 |
| Special Tax - 0.1% |  |  |
| Indianapolis IN Local PIB Bank Lo Income Tax Rev (Indianapolis Pub Trans Corp Proj.) Series 2025 A, 5% 1/15/2030  | 175000 | 192673 |
| Indianapolis IN Local PIB Bank Lo Income Tax Rev (Indianapolis Pub Trans Corp Proj.) Series 2025 A, 5% 7/15/2028  | 275000 | 292999 |
| Indianapolis IN Local PIB Bank Lo Income Tax Rev (Indianapolis Pub Trans Corp Proj.) Series 2025 A, 5% 7/15/2029  | 475000 | 517905 |
| Indianapolis IN Local PIB Bank Lo Income Tax Rev (Indianapolis Pub Trans Corp Proj.) Series 2025 A, 5% 7/15/2030  | 275000 | 305342 |
| Wayne Twp IN Maron CO Schbld C Series 2025B, 5% 7/15/2026  | 1160000 | 1170816 |
| TOTAL SPECIAL TAX |  | 2479735 |
| Transportation - 0.0% |  |  |
| Indianapolis Local Public Improvement Bond Bank (Indianapolis IN Arpt Auth Rev Proj.) Series 2023I 2, 5% 1/1/2027 (c) | 760000 | 775214 |
| TOTAL INDIANA |  | 66444365 |
| Iowa - 0.2%  |  |  |
| General Obligations - 0.2% |  |  |
| Pefa Inc Iowa Gas Proj Rev Series 2019, 5% tender 9/1/2049 (Goldman Sachs Group Inc/The Guaranteed) (b) | 7000000 | 7081070 |
| Kansas - 0.7%  |  |  |
| Electric Utilities - 0.2% |  |  |
| Burlington Kans Envr Imprv Rev (Evergy Kansas Metro Proj.) 2.18% 9/1/2035 VRDN (b) | 5000000 | 5000000 |
| Health Care - 0.0% |  |  |
| Kansas St Dev Fin Auth Hosp Rev 5% tender 11/15/2054 (b) | 1465000 | 1564788 |
| Housing - 0.1% |  |  |
| Kansas St Dev Fin Auth Multifamily Hsg Rev (Seasons Proj.) Series 2025F, 2.95% tender 9/1/2059 (b) | 2610000 | 2618198 |
| Shawnee Cnty KS Mf Hsg Revenue Series 2025 A, 3.75% tender 5/1/2059 (b) | 1700000 | 1719928 |
| TOTAL HOUSING |  | 4338126 |
| Other - 0.4% |  |  |
| Manhattan KS 5% 6/15/2028 (Build America Mutual Assurance Co Insured)  | 6000000 | 6039075 |
| Park City Kans Gen. Oblig. Series 2024 1, 3.625% 10/1/2027  | 5000000 | 5002617 |
| TOTAL OTHER |  | 11041692 |
| TOTAL KANSAS |  | 21944606 |
| Kentucky - 2.8%  |  |  |
| Education - 0.5% |  |  |
| Kentucky Higher Ed Student Ln Corp Student Ln Rev (Federal Family Education Loan Program Proj.) Series 2023 1A 1, 2.07% 6/1/2043, LOC Bank of America NA VRDN (b)(c) | 16500000 | 16500000 |
| Electric Utilities - 0.3% |  |  |
| Carroll Cnty KY Pollution Ctl Rev (Kentucky Utilities Co Proj.) Series 2016 A, 1.55% tender 9/1/2042 (b) | 500000 | 494816 |
| Trimble Cnty KY Environmental Facs Rev (Kentucky Utilities Co Proj.) 4.7% tender 6/1/2054 (b)(c) | 8980000 | 9072750 |
| TOTAL ELECTRIC UTILITIES |  | 9567566 |
| General Obligations - 0.4% |  |  |
| Kentucky Inc KY Pub Energy Auth Gas Supply Rev Series 2019C 1, 4% tender 2/1/2050 (Morgan Stanley Guaranteed) (b) | 8000000 | 8194582 |
| Kentucky Inc KY Pub Energy Auth Gas Supply Rev Series 2020 A, 4% tender 12/1/2050 (BP PLC Guaranteed) (b) | 325000 | 327060 |
| Kentucky Inc KY Pub Energy Auth Gas Supply Rev Series 2024A, 5% 7/1/2026 (Goldman Sachs Group Inc/The Guaranteed)  | 500000 | 503225 |
| Kentucky Inc KY Pub Energy Auth Gas Supply Rev Series 2024A, 5% 7/1/2027 (Goldman Sachs Group Inc/The Guaranteed)  | 575000 | 590086 |
| Kentucky Inc KY Pub Energy Auth Gas Supply Rev Series 2024B, 5% 2/1/2027  | 365000 | 372068 |
| Kentucky Inc KY Pub Energy Auth Gas Supply Rev Series 2024B, 5% 8/1/2026  | 250000 | 252197 |
| Kentucky Inc KY Pub Energy Auth Gas Supply Rev Series 2025A, 5.25% tender 6/1/2055 (Morgan Stanley Guaranteed) (b) | 1000000 | 1080780 |
| Kentucky Interlocal Sch Transn Assn Equip Lease Rev Ctfs Partn Series 2023, 4% 3/1/2026  | 1105000 | 1105183 |
| Kentucky St Pty & Bldgs Commn (Kentucky St Proj.) Series A, 5% 4/1/2026  | 1375000 | 1378089 |
| TOTAL GENERAL OBLIGATIONS |  | 13803270 |
| Health Care - 0.3% |  |  |
| Kentucky Econ Dev Fin Auth (Commonspirit Health Proj.) 2.22% 5/1/2034 VRDN (b) | 4280000 | 4280000 |
| Louisville & Jefferson Cnty KY Metro Govt Health Sys Rev (Norton Healthcare Inc Proj.) 5% tender 10/1/2047 (b) | 2015000 | 2042420 |
| Louisville & Jefferson Cnty KY Metro Govt Health Sys Rev (Norton Healthcare Inc Proj.) Series 2023 A, 5% 10/1/2026  | 700000 | 710396 |
| Louisville & Jefferson Cnty KY Metro Govt Health Sys Rev (Norton Healthcare Inc Proj.) Series 2023 A, 5% 10/1/2027  | 1700000 | 1768520 |
| TOTAL HEALTH CARE |  | 8801336 |
| Industrial Development - 0.6% |  |  |
| Louisville Jefferson Cnty KY Reg Arpt Auth (Ups Worldwide Forwarding Inc Proj.) 2.07% 1/1/2029 (United Parcel Service Inc Guaranteed) VRDN (b)(c) | 800000 | 800000 |
| Louisville Jefferson Cnty KY Reg Arpt Auth (Ups Worldwide Forwarding Inc Proj.) Series 1999 B, 2.07% 1/1/2029 (United Parcel Service of America Inc Guaranteed) VRDN (b)(c) | 3800000 | 3800000 |
| Meade Cnty KY Indl Bldg Rev (Nucor Corp Proj.) Series 2020 A 1, 2.45% 7/1/2060 VRDN (b)(c) | 6820000 | 6820000 |
| Meade Cnty KY Indl Bldg Rev (Nucor Corp Proj.) Series 2020 B 1, 2.45% 7/1/2060 VRDN (b)(c) | 7000000 | 7000000 |
| TOTAL INDUSTRIAL DEVELOPMENT |  | 18420000 |
| Other - 0.2% |  |  |
| Mercer Cnty KY Pollution Ctl Rev 2.5% tender 3/24/2026 CP mode  | 7400000 | 7399970 |
| Water & Sewer - 0.5% |  |  |
| Rural Wtr Fing Agy KY Pub Projs Rev Series 2024A, 3.7% 5/1/2027  | 5000000 | 4999946 |
| Rural Wtr Fing Agy KY Pub Projs Rev Series 2024B, 3.05% 5/1/2027  | 5000000 | 5000823 |
| Rural Wtr Fing Agy KY Pub Projs Rev Series 2025A, 2.75% 5/1/2028  | 5000000 | 5000108 |
| TOTAL WATER & SEWER |  | 15000877 |
| TOTAL KENTUCKY |  | 89493019 |
| Louisiana - 1.0%  |  |  |
| Housing - 0.2% |  |  |
| Louisiana Housing Corp Series 2025, 3.15% tender 4/1/2030 (b) | 6000000 | 6051008 |
| Louisiana Hsg Corp Single Family Mtg Rev (LA Home Ownership Proj.) 5.75% 12/1/2053  | 160000 | 176655 |
| TOTAL HOUSING |  | 6227663 |
| Industrial Development - 0.7% |  |  |
| St James Parish LA Rev (Nucor Corp Proj.) 2.14% 11/1/2040 VRDN (b) | 9600000 | 9600000 |
| St John Baptist Parish LA Rev (Conocophillips Inc Proj.) 4.05% tender 6/1/2037 (b) | 4145000 | 4164745 |
| St John Baptist Parish LA Rev (Conocophillips Inc Proj.) Series 2017B 2, 2.375% tender 6/1/2037 (b) | 2500000 | 2497833 |
| St John Baptist Parish LA Rev Series 2017 C, 3.3% tender 6/1/2037 (b) | 2000000 | 2034725 |
| TOTAL INDUSTRIAL DEVELOPMENT |  | 18297303 |
| Synthetics - 0.0% |  |  |
| Los Angeles Hsg Corp Rev Participating VRDN Series 2025 XF3347, 2.16% 7/1/2042 (Liquidity Facility Mizuho Capital Markets LLC) (b)(d) | 1400000 | 1400000 |
| Transportation - 0.1% |  |  |
| New Orleans LA Aviation Board 5% 1/1/2027 (c) | 1430000 | 1458509 |
| New Orleans LA Aviation Board 5% 1/1/2028 (c) | 2690000 | 2807346 |
| TOTAL TRANSPORTATION |  | 4265855 |
| TOTAL LOUISIANA |  | 30190821 |
| Maine - 0.0%  |  |  |
| Education - 0.0% |  |  |
| Maine Health & Higher Edl Facs Auth Rev (University of New England Proj.) 5% 7/1/2026  | 975000 | 982472 |
| Maryland - 1.1%  |  |  |
| Health Care - 0.5% |  |  |
| Maryland Health & Higher Educational Facilities Authority (Frederick Memorial Hospital MD Proj.) Series 2023, 5% 7/1/2027  | 1360000 | 1398990 |
| Maryland Health & Higher Educational Facilities Authority Series 2026C, 5% 8/15/2027  | 2000000 | 2079452 |
| Montgomery Cnty MD Rev (Trinity Health Proj.) Series 2013 MD, 2.65% tender 12/1/2041 (b) | 12200000 | 12200001 |
| TOTAL HEALTH CARE |  | 15678443 |
| Housing - 0.0% |  |  |
| Maryland Community Development Administration (Residential Revenue Bonds Proj.) Series 2019 B, 4% 9/1/2049  | 70000 | 71405 |
| Other - 0.0% |  |  |
| Maryland St Econ Dev Corp Rev Series 2024A 1, 5% 6/1/2026  | 600000 | 602962 |
| Special Tax - 0.1% |  |  |
| Frederick Cnty MD Spl Oblig Series 2020 A, 5% 7/1/2027  | 980000 | 1013058 |
| State of Maryland Built to Learn Revenue Series 2022 A, 5% 6/1/2026  | 850000 | 855811 |
| TOTAL SPECIAL TAX |  | 1868869 |
| Synthetics - 0.3% |  |  |
| Baltimore County Gen. Oblig. Participating VRDN 2.23% 1/1/2050 (Liquidity Facility Barclays Bank PLC) (b)(d) | 1600000 | 1600000 |
| Integrace Obligated Group Participating VRDN Series 2022 024, 2.23% 11/15/2049 (Liquidity Facility Barclays Bank PLC) (b)(d) | 3700000 | 3700000 |
| Maryland St Econ Dev Corp Participating VRDN Series 2024 XF3222, 2.11% 4/1/2054 (Liquidity Facility Mizuho Capital Markets LLC) (b)(d) | 2600000 | 2600000 |
| State of Maryland Built to Learn Revenue Participating VRDN 1.93% 6/1/2054 (b)(d) | 1700000 | 1700000 |
| TOTAL SYNTHETICS |  | 9600000 |
| Transportation - 0.1% |  |  |
| Maryland St Dept Transn Spl Transn Proj Rev (Bwi Airport Proj.) 5% 8/1/2028 (Assured Guaranty Inc Insured) (c) | 1450000 | 1532324 |
| Maryland Trans Auth Psngr Fac Chrg Rev (Bwi Passenger Facilities Chrge Proj.) Series 2012B, 2.5% 6/1/2026 (c) | 670000 | 669690 |
| Maryland Trans Auth Psngr Fac Chrg Rev (Bwi Passenger Facilities Chrge Proj.) Series 2012B, 2.625% 6/1/2027 (c) | 550000 | 545374 |
| TOTAL TRANSPORTATION |  | 2747388 |
| Water & Sewer - 0.1% |  |  |
| Baltimore MD Proj Rev (Baltimore Wastewater Util Rev Proj.) Series 2017 A, 5% 7/1/2029  | 755000 | 771245 |
| Baltimore MD Proj Rev (Baltimore Wtr Util Rev Proj.) Series 2017 A, 5% 7/1/2028  | 2000000 | 2044060 |
| Baltimore MD Proj Rev (Baltimore Wtr Util Rev Proj.) Series 2017 A, 5% 7/1/2029  | 1000000 | 1021517 |
| TOTAL WATER & SEWER |  | 3836822 |
| TOTAL MARYLAND |  | 34405889 |
| Massachusetts - 1.2%  |  |  |
| Education - 0.2% |  |  |
| Massachusetts Ed Ln Auth Ed Ln (Mefa Issue K Proj.) Series 2017 A, 5% 7/1/2026 (c) | 1000000 | 1007005 |
| Massachusetts Ed Ln Auth Ed Ln (Mefa Issue M Proj.) Series 2021B, 5% 7/1/2026 (c) | 2390000 | 2406742 |
| Massachusetts Ed Ln Auth Ed Ln (Mefa Issue M Proj.) Series 2022B, 5% 7/1/2026 (c) | 365000 | 367557 |
| Massachusetts Ed Ln Auth Ed Ln (Mefa Issue M Proj.) Series 2022B, 5% 7/1/2028 (c) | 1775000 | 1856306 |
| Massachusetts St Dev Fin Agy Rv (Emerson College, MA Proj.) Series 2025, 5% 1/1/2027  | 505000 | 512722 |
| TOTAL EDUCATION |  | 6150332 |
| General Obligations - 0.2% |  |  |
| Bondsville Mass Fire & Wtr Dist Gen. Oblig. BAN 4.875% 11/20/2026  | 930000 | 942944 |
| Holyoke MA Gen. Oblig. BAN 4% 10/23/2026  | 2600000 | 2625777 |
| Hudson MA Gen. Oblig. BAN 5% 6/11/2026  | 1300000 | 1305118 |
| TOTAL GENERAL OBLIGATIONS |  | 4873839 |
| Health Care - 0.2% |  |  |
| Massachusetts St Dev Fin Agy Rev (South Shore Hospital, MA Proj.) 5% 7/1/2026  | 20000 | 20143 |
| Massachusetts St Dev Fin Agy Rv (Mass General Brigham Inc Proj.) Series 2026G2, 1.5% 7/1/2062, LOC Royal Bank of Canada/New York NY VRDN (b) | 5000000 | 5000000 |
| TOTAL HEALTH CARE |  | 5020143 |
| Housing - 0.0% |  |  |
| Massachusetts Hsg Fin Agy Series 2023 C2, 4% 12/1/2027  | 800000 | 805800 |
| Other - 0.6% |  |  |
| Massachusetts Development Finance Agency (Boston University Mass Proj.) 2.67% tender 3/4/2026 CP mode  | 5000000 | 5000433 |
| Massachusetts Hsg Fin Agy Series 2024 A 3, 3.6% 12/1/2026  | 14985000 | 14994171 |
| TOTAL OTHER |  | 19994604 |
| Transportation - 0.0% |  |  |
| Massachusetts Port Auth Spl Fac Rev (Bosfuel Corporation Proj.) Series 2019 A, 5% 7/1/2027 (c) | 285000 | 293855 |
| TOTAL MASSACHUSETTS |  | 37138573 |
| Michigan - 2.2%  |  |  |
| Education - 0.1% |  |  |
| University MI Univ Revs 1.65% 4/1/2036 VRDN (b) | 2000000 | 2000000 |
| Wayne St Univ MI Univ Revs Series 2024A, 5% 11/15/2027 (Build America Mutual Assurance Co Insured)  | 500000 | 523218 |
| TOTAL EDUCATION |  | 2523218 |
| Electric Utilities - 0.1% |  |  |
| Lansing Mich Brd Wtr & Lt Util Sys Rev 2% tender 7/1/2051 (b) | 1000000 | 999342 |
| Michigan St Strategic Fd Ltd Oblig Rev (Consumers Energy Co Proj.) Series 2019, 3.35% tender 10/1/2049 (b)(c) | 3465000 | 3479849 |
| TOTAL ELECTRIC UTILITIES |  | 4479191 |
| General Obligations - 0.1% |  |  |
| Detroit MI Gen. Oblig. Series 2024, 5% 5/1/2026  | 1130000 | 1133840 |
| Detroit MI Gen. Oblig. Series 2024, 5% 5/1/2027  | 1190000 | 1219912 |
| Detroit MI Gen. Oblig. Series 2024, 5% 5/1/2028  | 650000 | 680183 |
| Detroit MI Gen. Oblig. Series 2024, 5% 5/1/2029  | 290000 | 309693 |
| Detroit MI Gen. Oblig. Series 2024, 5% 5/1/2030  | 305000 | 331611 |
| Detroit MI Gen. Oblig. Series 2024, 5% 5/1/2031  | 320000 | 353738 |
| Detroit MI Gen. Oblig. Series 2024, 5% 5/1/2032  | 335000 | 374945 |
| Lansing Mich Sch Dist Series 2025 II, 5% 5/1/2029 (State of Michigan Guaranteed)  | 200000 | 216550 |
| Portage MI Pub Schs 5% 11/1/2028  | 20000 | 20081 |
| TOTAL GENERAL OBLIGATIONS |  | 4640553 |
| Health Care - 0.3% |  |  |
| Kalamazoo MI Hosp Fin Auth Hosp Fac Rev (Bronson Methodist Hsp, MI Proj.) Series 2016, 5% 5/15/2026  | 15000 | 15079 |
| Kent MI Hosp Fin Auth (Corewell Health Proj.) SIFMA Municipal Swap Index + 0.25%, 2.13% tender 1/15/2047 (b)(i) | 965000 | 965000 |
| Michigan State Hospital Finance Authority (Bronson Methodist Hsp, MI Proj.) 5% 11/15/2029 (h) | 7695000 | 8332263 |
| TOTAL HEALTH CARE |  | 9312342 |
| Housing - 0.1% |  |  |
| Michigan St Hsg Dev Auth Mfrev Series 2024, 3.8% tender 7/1/2041 (b) | 2000000 | 2006388 |
| Michigan State Housing Development Authority Series 2025, 2.7% tender 10/1/2043 (b) | 1640000 | 1640310 |
| TOTAL HOUSING |  | 3646698 |
| Lease Revenue - 0.3% |  |  |
| Michigan St Bldg Auth Rev Series 2023 I, 1.98% 4/15/2058 (b) | 10000000 | 10000000 |
| Other - 0.0% |  |  |
| Michigan Finance Authority Series 2025A 2, 5% 8/20/2026  | 375000 | 379505 |
| Pooled Loans - 0.3% |  |  |
| Michigan Finance Authority RAN Series 2025 A 1, 5% 7/20/2026  | 10225000 | 10329546 |
| Synthetics - 0.3% |  |  |
| Michigan Finance Authority Participating VRDN Series 2025 XG0634, 1.93% 3/1/2051 (Liquidity Facility Bank of America, N.A.) (b)(d) | 3500000 | 3500000 |
| Western MI Univ Revs Participating VRDN Series 2025 YX1397, 1.92% 11/15/2054 (Liquidity Facility Barclays Bank PLC) (b)(d) | 4440000 | 4440000 |
| TOTAL SYNTHETICS |  | 7940000 |
| Transportation - 0.6% |  |  |
| Wayne Cnty Mich Arpt Auth Rev Series 2017 E, 4% 12/1/2026 (c) | 3795000 | 3836528 |
| Wayne Cnty Mich Arpt Auth Rev Series 2023 E, 5% 12/1/2028 (Assured Guaranty Inc Insured) (c) | 3000000 | 3193096 |
| Wayne Cnty Mich Arpt Auth Rev Series 2025G, 5% 12/1/2026 (c) | 4990000 | 5081278 |
| Wayne Cnty Mich Arpt Auth Rev Series 2025G, 5% 12/1/2027 (c) | 3750000 | 3909533 |
| TOTAL TRANSPORTATION |  | 16020435 |
| TOTAL MICHIGAN |  | 69271488 |
| Minnesota - 0.9%  |  |  |
| Education - 0.1% |  |  |
| Minnesota Higher Ed Facs Auth Rev (University Of St Thomas, Mn Proj.) Series 2024 B 1, 5% tender 10/1/2053 (b) | 1000000 | 1022789 |
| University MN 2.62% 3/2/2026 CP  | 900000 | 900043 |
| University MN 2.69% 3/10/2026 CP  | 1200000 | 1200172 |
| TOTAL EDUCATION |  | 3123004 |
| General Obligations - 0.1% |  |  |
| Hennepin Cnty Minn 2.43% 5/6/2026 CP  | 1600000 | 1600273 |
| Minnesota Housing Finance Agency (Minnesota St Proj.) Series 2022 A, 5% 8/1/2026  | 1300000 | 1314430 |
| Minnesota Housing Finance Agency (Minnesota St Proj.) Series 2022 B, 5% 8/1/2026  | 100000 | 101110 |
| Minnesota Mun Gas Agy Commodity Supply Rev 4% tender 12/1/2052 (Royal Bank of Canada Guaranteed) (b) | 1725000 | 1763562 |
| TOTAL GENERAL OBLIGATIONS |  | 4779375 |
| Health Care - 0.2% |  |  |
| Minneapolis MN Health Care Sys Rev (Allina Health System Proj.) Series 2023A, 5% tender 11/15/2052 (b) | 6470000 | 6894069 |
| Housing - 0.1% |  |  |
| Minnesota Housing Finance Agency (MN Residential Hsg 1995 Proj.) Series 2023 F, 5.75% 7/1/2053  | 110000 | 118589 |
| Minnesota St Hsg Fin Agy Series 2025F2, 3.7% 8/1/2026  | 2000000 | 2001287 |
| TOTAL HOUSING |  | 2119876 |
| Other - 0.1% |  |  |
| Minnesota Rural Wtr Fin Auth 3.3% 8/1/2026  | 2000000 | 2001073 |
| Synthetics - 0.1% |  |  |
| Saint Paul Hsg & Redev Auth Rev Participating VRDN Series 2023 MIZ9145, 2.11% 6/1/2063 (Liquidity Facility Mizuho Capital Markets LLC) (b)(d)(e) | 2420000 | 2420000 |
| Transportation - 0.2% |  |  |
| Minneapolis Met Airport Commis Series 2022B, 5% 1/1/2027 (c) | 1580000 | 1611499 |
| Minneapolis Met Airport Commis Series 2024B, 5% 1/1/2027 (c) | 4755000 | 4849797 |
| TOTAL TRANSPORTATION |  | 6461296 |
| TOTAL MINNESOTA |  | 27798693 |
| Mississippi - 0.7%  |  |  |
| Education - 0.0% |  |  |
| Jackson St Univ Edl Bldg Corp MS Rev Series 2021 A, 0.8% 3/1/2028 (Build America Mutual Assurance Co Insured) (b) | 3475000 | 3354175 |
| General Obligations - 0.0% |  |  |
| Mississippi Dev Bank Spl Obl (Lamar Cnty Miss Sch Dist Proj.) 5% 6/1/2029  | 175000 | 189968 |
| Industrial Development - 0.5% |  |  |
| Mississippi Business Fin Corp Miss Gulf Opportunity Zone Indl Dev Rev (Chevron Usa Inc Proj.) 2% 11/1/2035 (Chevron Corp Guaranteed) VRDN (b) | 9900000 | 9900000 |
| Mississippi Business Fin Corp Miss Gulf Opportunity Zone Indl Dev Rev 2% 11/1/2035 VRDN (b) | 5000000 | 5000000 |
| TOTAL INDUSTRIAL DEVELOPMENT |  | 14900000 |
| Resource Recovery - 0.2% |  |  |
| Mississippi Bus Fin Corp Sld Wst Disp Rev (Waste Management Inc Del Proj.) 4.25% tender 3/1/2027 (b)(c) | 5000000 | 5053369 |
| TOTAL MISSISSIPPI |  | 23497512 |
| Missouri - 1.2%  |  |  |
| General Obligations - 0.0% |  |  |
| Jackson Cnty MO Spl Oblig Series 2032 A, 5% 12/1/2028  | 1000000 | 1070029 |
| Kearney MO Gen. Oblig. Series 2020, 2% 3/1/2034  | 715000 | 650058 |
| TOTAL GENERAL OBLIGATIONS |  | 1720087 |
| Health Care - 0.7% |  |  |
| Cape Girardeau Cnty MO Indl Dev Auth Health Care Facs Rev (Mercy Health Proj.) Series A, 5% 3/1/2026  | 20000 | 20005 |
| Missouri Hlth & Edl Facs Rev (Bjc Health System Proj.) Series 2021 C, 5% tender 5/1/2052 (b) | 11500000 | 12138049 |
| Missouri Hlth & Edl Facs Rev Series 2021 B, 4% tender 5/1/2051 (b) | 9135000 | 9158963 |
| TOTAL HEALTH CARE |  | 21317017 |
| Housing - 0.2% |  |  |
| Kansas City MO Planned Indl Expansion Auth Multifamily Hsg Rev Series 2023, 5% tender 7/1/2045 (b) | 1260000 | 1284693 |
| Missouri St Hsg Dev Com Sf Mtg (MO Hsg First Place Loan Prog 5/1/15 Proj.) Series 2019B, 4% 5/1/2050  | 40000 | 40500 |
| Missouri St Hsg Dev Com Sf Mtg (MO Hsg First Place Loan Prog 5/1/15 Proj.) Series 2021C, 3.25% 11/1/2052  | 75000 | 75013 |
| Saint Louis MO Indl Dev Auth (The Brewery Apts Proj.) 3.15% tender 4/1/2046 (b) | 3800000 | 3824078 |
| TOTAL HOUSING |  | 5224284 |
| Lease Revenue - 0.0% |  |  |
| Barry Cnty MO Ctfs Partn 5% 10/1/2026  | 550000 | 556124 |
| Other - 0.1% |  |  |
| Kansas City MO Indl Dev Auth Arpt Spl Oblig 5% 3/1/2027 (c) | 1000000 | 1023996 |
| Missouri St Health & Edl Facs Series 2025A, 5% 2/1/2027  | 970000 | 985653 |
| TOTAL OTHER |  | 2009649 |
| Synthetics - 0.2% |  |  |
| Kansas City MO Indl Dev Auth Arpt Spl Oblig Participating VRDN 2.15% 3/1/2057 (Liquidity Facility JP Morgan Chase Bank NA) (b)(c)(d) | 4740000 | 4740000 |
| St Louis County Ind Dev Auth Multi Fam Hsg Rev Participating VRDN 2.11% 10/1/2063 (Liquidity Facility Mizuho Capital Markets LLC) (b)(d)(e) | 1700000 | 1700000 |
| TOTAL SYNTHETICS |  | 6440000 |
| TOTAL MISSOURI |  | 37267161 |
| Montana - 0.0%  |  |  |
| Health Care - 0.0% |  |  |
| Montana Facility Fin Auth Rev (Benefis Health System Proj.) Series 2025 B, 5% tender 2/15/2065 (b) | 100000 | 108193 |
| Housing - 0.0% |  |  |
| Montana St Brd Hsg Single Family Mtg (MT Single Family Proj.) 3.5% 6/1/2050  | 190000 | 190736 |
| Montana St Brd Hsg Single Family Mtg (MT Single Family Proj.) Series 2019B, 4% 6/1/2050  | 20000 | 20380 |
| Montana St Brd Hsg Single Family Mtg (MT Single Family Proj.) Series 2022 A, 3% 6/1/2052  | 165000 | 164697 |
| TOTAL HOUSING |  | 375813 |
| TOTAL MONTANA |  | 484006 |
| Nebraska - 0.3%  |  |  |
| Electric Utilities - 0.2% |  |  |
| Nebraska Pub Pwr Dist Rev 2.68% 3/3/2026, LOC Bank of America NA CP  | 5000000 | 5000349 |
| General Obligations - 0.0% |  |  |
| Central Plains Energy Proj NE Gas Proj Rev Series 2023 A 1, 5% tender 5/1/2054 (Bank of Montreal Guaranteed) (b) | 1415000 | 1513692 |
| Housing - 0.1% |  |  |
| Lincoln Neb Multifamily Hsg Rev Series 2024, 3.37% tender 1/10/2048 (b) | 2260000 | 2290666 |
| Nebraska Invt Fin Auth Sfh Rev (NE Single Family Hsg Proj.) Series 2019 B, 4% 9/1/2049 (c) | 45000 | 45250 |
| TOTAL HOUSING |  | 2335916 |
| Industrial Development - 0.0% |  |  |
| Stanton Cnty NE Indl Dev Rev (Nucor Corp Proj.) 2.2% 11/1/2026 VRDN (b)(c) | 700000 | 700000 |
| Transportation - 0.0% |  |  |
| Omaha NE Arpt Auth Arpt Rev Series 2024, 5% 12/15/2027 (Assured Guaranty Inc Insured) (c) | 1000000 | 1041510 |
| TOTAL NEBRASKA |  | 10591467 |
| Nevada - 0.3%  |  |  |
| Electric Utilities - 0.1% |  |  |
| Clark NV Pollutn Ctl Rev (Nevada Power Co Proj.) Series 2017, 3.75% tender 1/1/2036 (b) | 2065000 | 2066344 |
| Humboldt Cnty Nev Pcr (Sierra Pacific Power Co Proj.) Series 2016 A, 3.55% 10/1/2029  | 335000 | 345722 |
| Washoe Cnty NV Wtr Fac Rev (Sierra Pacific Power Co Proj.) Series 2016 G, 3.625% tender 3/1/2036 (b) | 270000 | 277173 |
| Washoe Cnty NV Wtr Fac Rev (Sierra Pacific Power Co Proj.) Series 2016C, 4.125% tender 3/1/2036 (b)(c) | 370000 | 382258 |
| TOTAL ELECTRIC UTILITIES |  | 3071497 |
| Resource Recovery - 0.2% |  |  |
| Nevada Dpt Bus & Ind Solid Waste Disp Rev (Republic Services Inc Proj.) Series 2001, 3.45% tender 12/1/2026 (b)(c)(f) | 5100000 | 5104892 |
| Transportation - 0.0% |  |  |
| Clark County NV Mccarran Airprt Rev Series 2019 E, 5% 7/1/2027  | 275000 | 285122 |
| Reno Tahoe Arpt Auth NV Arpt Rev Series 2024 A, 5% 7/1/2027 (c) | 200000 | 206374 |
| Reno Tahoe Arpt Auth NV Arpt Rev Series 2024 A, 5% 7/1/2028 (c) | 225000 | 235519 |
| Reno Tahoe Arpt Auth NV Arpt Rev Series 2024 A, 5% 7/1/2029 (c) | 580000 | 618180 |
| TOTAL TRANSPORTATION |  | 1345195 |
| TOTAL NEVADA |  | 9521584 |
| New Hampshire - 0.7%  |  |  |
| Education - 0.5% |  |  |
| New Hampshire Health and Education Facilities Authority Act (Dartmouth College Proj.) Series 2015 C, 3.3% tender 6/1/2038 (b) | 2750000 | 2769945 |
| New Hampshire Health and Education Facilities Authority Act (Dartmouth College Proj.) Series 2015A, 3.3% tender 6/1/2040 (b) | 8030000 | 8088240 |
| New Hampshire Health and Education Facilities Authority Act (Dartmouth College Proj.) Series 2015B, 3.3% tender 6/1/2040 (b) | 500000 | 503626 |
| New Hampshire Health and Education Facilities Authority Act (Dartmouth College Proj.) Series 2015D, 3.3% tender 6/1/2038 (b) | 3740000 | 3767125 |
| TOTAL EDUCATION |  | 15128936 |
| Housing - 0.0% |  |  |
| New Hampshire St Hsg Fin Auth Multi-Family Hsg (NH Mhsg Rev 2017 Proj.) 3.8% 7/1/2026  | 1010000 | 1010718 |
| New Hampshire St Hsg Fin Auth Multi-Family Hsg (NH Mhsg Rev 2017 Proj.) Series 2023 4, 3.625% 4/1/2026  | 215000 | 215142 |
| New Hampshire St Hsg Fin Auth Multi-Family Hsg (NH Mhsg Rev 2017 Proj.) Series 2023 4, 3.7% 1/1/2027  | 670000 | 672564 |
| TOTAL HOUSING |  | 1898424 |
| Resource Recovery - 0.1% |  |  |
| National Fin Auth NH Solid Waste Disp Rev (Waste Management Inc Del Proj.) Series 2019 A 3, 4% tender 7/1/2033 (b)(c) | 2100000 | 2101409 |
| Synthetics - 0.1% |  |  |
| Nat'l Fin Auth NH Specialty Bonds Series 2024 MS0023, 2.18% tender 12/15/2030 (Liquidity Facility Morgan Stanley Bank NA) (b)(d)(e) | 3945000 | 3945000 |
| TOTAL NEW HAMPSHIRE |  | 23073769 |
| New Jersey - 3.1%  |  |  |
| Education - 0.6% |  |  |
| Higher Ed Student Assistance Auth NJ Student Ln Rev (NJ Stud Loan 2018 Proj.) Series 2018 B, 5% 12/1/2027 (c) | 1245000 | 1291934 |
| Higher Ed Student Assistance Auth NJ Student Ln Rev (NJ Stud Loan 2021 Proj.) Series 2021 B, 5% 12/1/2026 (c) | 1425000 | 1448531 |
| Higher Ed Student Assistance Auth NJ Student Ln Rev (NJ Stud Loan 2021 Proj.) Series 2023B, 5% 12/1/2026 (c) | 2000000 | 2033026 |
| Higher Ed Student Assistance Auth NJ Student Ln Rev (NJ Stud Loan 2021 Proj.) Series 2023B, 5% 12/1/2028 (c) | 1000000 | 1059147 |
| Higher Ed Student Assistance Auth NJ Student Ln Rev (Nj Stud Loan 2025 Proj.) 5% tender 12/1/2056 (b)(c) | 2000000 | 2010543 |
| Higher Ed Student Assistance Auth NJ Student Ln Rev Series 2024 B, 5% 12/1/2027 (c) | 2700000 | 2801784 |
| Higher Ed Student Assistance Auth NJ Student Ln Rev Series 2025 1 A, 5% 12/1/2027 (c) | 1900000 | 1971626 |
| Higher Ed Student Assistance Auth NJ Student Ln Rev Series 2025 1 A, 5% 12/1/2028 (c) | 2000000 | 2118293 |
| Montclair State University Inc (Montclair State University Inc Proj.) Series 2025A, 5% 7/1/2028 (Assured Guaranty Inc Insured)  | 1250000 | 1326679 |
| New Jersey Institute of Technology/NJ Series 2025A, 5% 7/1/2029 (Build America Mutual Assurance Co Insured)  | 580000 | 631812 |
| New Jersey Institute of Technology/NJ Series 2025A, 5% 7/1/2030 (Build America Mutual Assurance Co Insured)  | 460000 | 512370 |
| TOTAL EDUCATION |  | 17205745 |
| General Obligations - 1.8% |  |  |
| Belleville NJ Tan Gen. Oblig. BAN 4% 7/7/2026  | 8100000 | 8133346 |
| Essex Cnty NJ Gen. Oblig. BAN Series 2025, 4% 7/8/2026  | 4000000 | 4023046 |
| Hudson Cnty NJ Impt Auth Lease Rev Gen. Oblig. BAN Series 2026 A 1, 3.5% 3/1/2027 (h) | 2250000 | 2276944 |
| Hudson Cnty NJ Impt Auth Lease Rev RAN Series B 1, 4% 6/24/2026  | 4400000 | 4422055 |
| Monmouth Cnty NJ Impt Auth Rev BAN Series 2025, 4% 3/13/2026  | 1000000 | 1000464 |
| Monmouth Cnty NJ Impt Auth Rev Gen. Oblig. BAN Series 2026, 4% 3/12/2027 (h) | 5500000 | 5595681 |
| New Jersey Econom Dev Auth Rev (New Jersey St Proj.) Series 2016 AAA, 5% 6/15/2026  | 3375000 | 3401545 |
| New Jersey Econom Dev Auth Rev (New Jersey St Proj.) Series 2019 GGG, 5.25% 9/1/2026 (f) | 1510000 | 1532662 |
| New Jersey Economic Dev Auth Rev (New Jersey St Proj.) 5% 11/1/2026  | 1100000 | 1120219 |
| New Jersey Economic Dev Auth Rev (New Jersey St Proj.) 5% 6/15/2026  | 555000 | 559365 |
| New Jersey Economic Dev Auth Rev (New Jersey St Proj.) Series 2023 RRR, 5% 3/1/2026  | 5300000 | 5301601 |
| New Jersey Economic Dev Auth Rev (New Jersey St Proj.) Series 2024 SSS, 5% 6/15/2026  | 1970000 | 1985494 |
| New Jersey Economic Dev Auth Rev (New Jersey St Proj.) Series 2024 SSS, 5% 6/15/2027  | 155000 | 160518 |
| New Jersey St Edl Facs Auth Rev (New Jersey St Proj.) Series 2023 A, 5% 9/1/2027  | 400000 | 416977 |
| New Jersey St Edl Facs Auth Rev (New Jersey St Proj.) Series 2023 A, 5% 9/1/2027  | 200000 | 208488 |
| New Jersey Trans Trust Fund Auth 0% 12/15/2027 (g) | 145000 | 138882 |
| New Jersey Trans Trust Fund Auth Series 2023AA, 5% 6/15/2026  | 895000 | 902039 |
| Newark NJ Bd of Ed Bd 5% 7/15/2026 (Build America Mutual Assurance Co Insured)  | 300000 | 303134 |
| Newark NJ Gen. Oblig. BAN 4% 12/11/2026  | 4000000 | 4042445 |
| Newark NJ Gen. Oblig. Series 2020 A, 5% 10/1/2027  | 2200000 | 2291464 |
| NJ Hlth Care Facs Fing Auth Dept Human Svcs Lease (New Jersey St Proj.) Series 2024, 5% 9/15/2026  | 595000 | 603838 |
| NJ Hlth Care Facs Fing Auth Dept Human Svcs Lease (New Jersey St Proj.) Series 2024, 5% 9/15/2027  | 585000 | 609836 |
| NJ Hlth Care Facs Fing Auth Dept Human Svcs Lease (New Jersey St Proj.) Series 2024, 5% 9/15/2028  | 245000 | 261945 |
| NJ Hlth Care Facs Fing Auth Dept Human Svcs Lease (New Jersey St Proj.) Series 2024, 5% 9/15/2029  | 155000 | 169683 |
| Orange Twp NJ BAN 4% 3/18/2026  | 4700000 | 4702809 |
| Piscataway Twp NJ Gen. Oblig. 2% 2/1/2031  | 500000 | 486285 |
| TOTAL GENERAL OBLIGATIONS |  | 54650765 |
| Housing - 0.3% |  |  |
| New Jersey Housing & Mortgage Finance Agency Series 2025B, 2.95% 11/1/2028  | 3000000 | 3021422 |
| NJ Hsg & Mtg Fin Agy Multi Fam Rev (NJ Multi-Family 12/16/04 Proj.) Series 2023 C, 5% 11/1/2026 (c) | 1000000 | 1014522 |
| NJ Hsg & Mtg Fin Agy Multi Fam Rev (NJ Multi-Family 12/16/04 Proj.) Series 2024 D 2, 2.85% 11/1/2026  | 2090000 | 2096099 |
| NJ Hsg & Mtg Fin Agy Multi Fam Rev Series 2024 D 2, 2.9% 11/1/2027  | 1285000 | 1288426 |
| NJ Hsg & Mtg Fin Agy Multi Fam Rev Series 2024 D 2, 2.95% 5/1/2028  | 1070000 | 1073959 |
| TOTAL HOUSING |  | 8494428 |
| Other - 0.1% |  |  |
| New Jersey Housing & Mortgage Finance Agency Series 2025 D 2, 3.1% tender 7/1/2029 (b) | 600000 | 605081 |
| New Jersey Housing & Mortgage Finance Agency Series 2025, 3.15% tender 12/1/2043 (b) | 1000000 | 1007299 |
| NJ Hsg & Mtg Fin Agy Multi Fam Rev Series 2024B, 3.375% 11/1/2027  | 2250000 | 2273992 |
| TOTAL OTHER |  | 3886372 |
| Tobacco Bonds - 0.3% |  |  |
| Tobacco Settlement Fin Corp NJ 5% 6/1/2026  | 9265000 | 9317700 |
| Tobacco Settlement Fin Corp NJ 5% 6/1/2027  | 1340000 | 1379798 |
| TOTAL TOBACCO BONDS |  | 10697498 |
| Transportation - 0.0% |  |  |
| New Jersey Trans Trust Fund Auth (New Jersey St Grant Anticipati Proj.) Series 2016 A 1, 5% 6/15/2027  | 90000 | 90662 |
| New Jersey Turnpike Authority 5% 1/1/2028  | 455000 | 478705 |
| South Jersey Trans Auth NJ Trans Sys Rev Series 2025A, 5% 11/1/2028 (Build America Mutual Assurance Co Insured)  | 1000000 | 1075187 |
| TOTAL TRANSPORTATION |  | 1644554 |
| TOTAL NEW JERSEY |  | 96579362 |
| New Jersey,New York - 0.5%  |  |  |
| Transportation - 0.5% |  |  |
| Port Auth NY & NJ 5% 10/15/2028 (c) | 3320000 | 3538159 |
| Port Auth NY & NJ 5% 9/15/2026 (c) | 1205000 | 1220756 |
| Port Auth NY & NJ 5% 9/15/2029 (c) | 250000 | 261489 |
| Port Auth NY & NJ Series 195, 5% 10/1/2026 (c) | 525000 | 532430 |
| Port Auth NY & NJ Series 242, 5% 12/1/2026 (c) | 4640000 | 4724528 |
| Port Auth NY & NJ Series 242, 5% 12/1/2027 (c) | 5000000 | 5211837 |
| TOTAL NEW JERSEY,NEW YORK |  | 15489199 |
| New Mexico - 0.5%  |  |  |
| Electric Utilities - 0.1% |  |  |
| Farmington NM Pollution Ctl Series 2010 D, 3.9% tender 6/1/2040 (b) | 3000000 | 3064824 |
| General Obligations - 0.0% |  |  |
| New Mexico Mun Energy Acquisition Auth Gas Supply Rev 5% tender 6/1/2054 (Royal Bank of Canada Guaranteed) (b) | 1255000 | 1359945 |
| Housing - 0.3% |  |  |
| New Mexico Mtg Fin Auth (Nm Sf Mortgage 2005 General Indenture Sf Mbs Open Proj.) 3% tender 9/1/2057 (b) | 3470000 | 3474045 |
| New Mexico Mtg Fin Auth (NM SF Mortgage Proj.) Series 2018 A 1, 4% 1/1/2049  | 85000 | 85961 |
| New Mexico Mtg Fin Auth (NM SF Mortgage Proj.) Series 2023 C, 5.75% 3/1/2054  | 265000 | 288500 |
| New Mexico Mtg Fin Auth (NM Single Family Mortgage Proj.) Series 2019 C, 4% 1/1/2050  | 175000 | 177178 |
| New Mexico Mtg Fin Auth Mf Hsg Rev (Jlg Nm Abq 2023, Lllp Proj.) Series 2023, 2.97% tender 2/1/2042 (b) | 3495000 | 3495000 |
| Santa Fe Cnty N Mex Multifamily Rev Series 2024, 3.29% tender 12/10/2049 (b) | 3000000 | 3027062 |
| TOTAL HOUSING |  | 10547746 |
| Synthetics - 0.1% |  |  |
| New Mexico St Hosp Equip Ln Co Participating VRDN 2.23% 7/1/2042 (Liquidity Facility Barclays Bank PLC) (b)(d) | 1825000 | 1825000 |
| TOTAL NEW MEXICO |  | 16797515 |
| New York - 6.6%  |  |  |
| Education - 0.0% |  |  |
| New York St Dorm Auth Revs Non St Supported Debt (New School (The) Proj.) 5% 7/1/2026  | 200000 | 201546 |
| New York St Dorm Auth Revs Non St Supported Debt (New School (The) Proj.) 5% 7/1/2027  | 500000 | 515535 |
| TOTAL EDUCATION |  | 717081 |
| Electric Utilities - 0.1% |  |  |
| Long Island Pwr Auth NY Elec 1.5% tender 9/1/2051 (b) | 470000 | 466973 |
| Long Island Pwr Auth NY Elec Series 2025B, 3% tender 9/1/2055 (b) | 1935000 | 1951714 |
| TOTAL ELECTRIC UTILITIES |  | 2418687 |
| Escrowed/Pre-Refunded - 0.0% |  |  |
| New York St Urban Dev Corp Rev Series 2016 A, 5% 3/15/2029 (Pre-refunded to 3/15/2026 at 100)  | 420000 | 420452 |
| General Obligations - 2.3% |  |  |
| Albany NY BAN 4% 3/20/2026  | 10400000 | 10406508 |
| Albany NY Gen. Oblig. BAN 4% 3/20/2026  | 2800000 | 2802111 |
| Bellmore NY Un Free Sch Dist 2% 6/15/2029  | 530000 | 511288 |
| Binghamton NY BAN 4% 4/10/2026  | 9300000 | 9313501 |
| City of New York NY Gen. Oblig. 2% 5/1/2052 (Liquidity Facility State Street Bank & Trust Co) VRDN (b) | 5000000 | 5000000 |
| City of New York NY Gen. Oblig. 2% tender 8/1/2026 (Assured Guaranty Inc Insured) (b) | 675000 | 675000 |
| City of New York NY Gen. Oblig. 2.085% tender 1/1/2032 (Assured Guaranty Inc Insured) (b) | 225000 | 225000 |
| City of New York NY Gen. Oblig. Series C, 5% 8/1/2026  | 220000 | 222638 |
| City of New York NY Gen. Oblig. Series FISCAL 2008 J 11, 5% 8/1/2026  | 260000 | 263118 |
| City of New York NY Gen. Oblig. Series FISCAL 2018 A, 5% 8/1/2026  | 565000 | 571775 |
| City of New York NY Gen. Oblig. Series FISCAL 2021 2, 2% 4/1/2042 VRDN (b) | 2000000 | 2000000 |
| City of New York NY Gen. Oblig. Series FISCAL 2025 A, 5% 8/1/2028  | 2700000 | 2884192 |
| City of New York NY Series FISCAL 2008 SUB A 3, 2.076% tender 8/1/2026 (Assured Guaranty Inc Insured) (b) | 625000 | 625000 |
| Connetquot Central School District TAN Series 2025 2026 TAXES, 3.25% 6/24/2026  | 7000000 | 7019750 |
| East Hampton NY Un Free Sh Dis 2.1% 6/1/2027  | 340000 | 335796 |
| East Syracuse-Minoa NY Cent SD BAN Series 2025, 4% 6/25/2026  | 3000000 | 3012608 |
| Ithaca City New York Gen. Oblig. BAN 4.5% 7/17/2026  | 1300000 | 1307023 |
| Longwood Cent Sch Dist Suffolk Co NY TAN Series 2025 2026 TAXES, 4% 9/18/2026  | 7000000 | 7035524 |
| Massapequa NY Un Free Sch Dist 2% 10/1/2031  | 530000 | 496889 |
| Mount Vernon N Y Gen. Oblig. BAN 5% 5/29/2026 (f) | 4000000 | 4013132 |
| New Hartford NY Cent Sch Dist BAN Series 2025, 4% 6/25/2026  | 1500000 | 1507302 |
| Ogdensburg NY Enlrg Cty Sch Ds BAN Series 2025, 4% 7/22/2026  | 2000000 | 2011417 |
| South Huntington NY Ufsd TAN Series 2025 2026 TAXES, 4% 6/24/2026  | 6000000 | 6030911 |
| Suffolk Cnty NY Gen. Oblig. Series 2022 B, 5% 10/1/2026  | 175000 | 178016 |
| Washington Co NY BAN 4% 3/20/2026  | 2300000 | 2301714 |
| TOTAL GENERAL OBLIGATIONS |  | 70750213 |
| Health Care - 0.0% |  |  |
| Monroe Cnty NY Indl Dev Corp (Rochester General Hospital,Ny Proj.) Series 2017, 5% 12/1/2026  | 350000 | 355380 |
| Monroe Cnty NY Indl Dev Corp (Rochester General Hospital,Ny Proj.) Series 2020 A, 5% 12/1/2028  | 1000000 | 1058875 |
| TOTAL HEALTH CARE |  | 1414255 |
| Housing - 0.7% |  |  |
| Monroe Cnty NY Indl Dev Agy Multi-Family Hsg Rev 5% tender 7/1/2028 (b) | 780000 | 804245 |
| New York City Housing Development Corp (New York Mhsg 7/27/1993 Proj.) Series 2023E 2, 3.8% tender 11/1/2063 (b) | 115000 | 116574 |
| New York City Housing Development Corp (New York Mhsg 7/27/1993 Proj.) Series 2024 A2, 3.625% tender 11/1/2063 (b) | 765000 | 774248 |
| New York St Hsg Fin Agy 1.1% tender 11/1/2061 (b) | 510000 | 497673 |
| New York St Hsg Fin Agy Series 2023 E 2, 3.8% tender 11/1/2063 (b) | 670000 | 670364 |
| New York St Hsg Fin Agy Series 2023 E 2, 3.875% tender 11/1/2063 (b) | 120000 | 120073 |
| New York St Hsg Fin Agy Series 2024 A, 3.375% tender 11/1/2063 (b) | 7285000 | 7287475 |
| NY City Hsg Dev Corp Multifamily Hsg Rev (New York Mhsg 7/27/1993 Proj.) 3.7% tender 5/1/2063 (b) | 6000000 | 6003004 |
| NY City Hsg Dev Corp Multifamily Hsg Rev (New York Mhsg 7/27/1993 Proj.) 3.73% tender 5/1/2063 (b) | 1000000 | 1002654 |
| NY City Hsg Dev Corp Multifamily Hsg Rev (New York Mhsg 7/27/1993 Proj.) Series 2023 D, 4.3% tender 11/1/2063 (b) | 375000 | 382942 |
| State of New York Mortgage Agency (NY Homeowner Mortgage Proj.) Series 221, 3.5% 10/1/2032 (c) | 20000 | 19996 |
| State of New York Mortgage Agency 3.7% 4/1/2026 (c) | 955000 | 955113 |
| State of New York Mortgage Agency Series 262, 3.75% 4/1/2026 (c) | 295000 | 295174 |
| State of New York Mortgage Agency Series 262, 3.8% 10/1/2026 (c) | 680000 | 683048 |
| State of New York Mortgage Agency Series 262, 3.85% 4/1/2027 (c) | 775000 | 782315 |
| TOTAL HOUSING |  | 20394898 |
| Industrial Development - 0.0% |  |  |
| New York St Energy Rda Pcr 4.45% tender 10/1/2028 (Ambac Assurance Corp Insured) (b) | 300000 | 299999 |
| Other - 0.2% |  |  |
| Dutchess Cnty NY Loc Dev Corp Rev Series 2025, 5% 7/1/2026  | 200000 | 201572 |
| Dutchess Cnty NY Loc Dev Corp Rev Series 2025, 5% 7/1/2027  | 230000 | 236990 |
| Dutchess Cnty NY Loc Dev Corp Rev Series 2025, 5% 7/1/2028  | 325000 | 341605 |
| Frankfort Schuyler NY Cent Sch Dist BAN Series 2026, 4% 7/31/2026  | 3000000 | 3012197 |
| Valley Stream NY BAN 5.125% 5/8/2026  | 3000000 | 3006138 |
| TOTAL OTHER |  | 6798502 |
| Special Tax - 0.6% |  |  |
| Battery Pk City Auth NY Rev Series 2019D 1, 1.93% 11/1/2038 (Liquidity Facility TD Bank NA) VRDN (b) | 800000 | 800000 |
| New York City Transitional Finance Authority (New York NY City Transitional Fin Auth Rev Proj.) 5% 11/1/2027  | 3355000 | 3518046 |
| New York City Transitional Finance Authority (New York NY City Transitional Fin Auth Rev Proj.) Series FISCAL 2026 SUB D 1, 5% 11/1/2028  | 5000000 | 5367460 |
| New York NY City Transitional Fin Auth Rev 5% 11/1/2027  | 775000 | 812664 |
| NY Mta Dedicated Tax Fund Series 2016 A, 5% 11/15/2026  | 1055000 | 1076376 |
| NY Mta Dedicated Tax Fund Series 2017 A, 3% 11/15/2030  | 425000 | 426930 |
| NY Payroll Mobility Tax 2% tender 5/15/2045 (b) | 1285000 | 1284006 |
| NY Payroll Mobility Tax 2% tender 5/15/2045 (b) | 450000 | 437917 |
| NY Payroll Mobility Tax Series SUB 2021C 1B, 5% tender 5/15/2051 (b) | 4305000 | 4327548 |
| Triborough Brdg & Tunl NY Rett Series 2025 A, 5% 12/1/2027  | 2000000 | 2100929 |
| TOTAL SPECIAL TAX |  | 20151876 |
| Synthetics - 1.5% |  |  |
| 2025 Loan Holding - 1 Participating VRDN Series 2025 MS0041, 2.28% 5/1/2026 (b)(d) | 5000000 | 5000000 |
| Liberty NY Dev Corp Rev Participating VRDN 2.23% 10/1/2035 (Liquidity Facility Morgan Stanley Bank NA) (b)(d) | 2200000 | 2200000 |
| Metropolitan Transn Auth NY Rv Participating VRDN 2.13% 11/15/2043 (Liquidity Facility JP Morgan Chase Bank NA) (b)(d) | 2400000 | 2400000 |
| Metropolitan Transn Auth NY Rv Participating VRDN Series 2022 XF1321, 2.13% 11/15/2055 (Liquidity Facility JP Morgan Chase Bank NA) (b)(d) | 1595000 | 1595000 |
| New York St Hsg Fin Agy Participating VRDN Series 2022 003, 2.23% 11/1/2041 (Liquidity Facility Barclays Bank PLC) (b)(d) | 3000000 | 3000000 |
| New York St Hsg Fin Agy Participating VRDN Series 2022 007, 2.33% 11/1/2041 (Liquidity Facility Barclays Bank PLC) (b)(c)(d) | 23500000 | 23500000 |
| New York State Dormitory Authority Participating VRDN Series 2025 ZL0699, 1.91% 3/15/2053 (Liquidity Facility Bank of America, N.A.) (b)(d) | 3400000 | 3400000 |
| Oneida County Local Development Corp Participating VRDN Series 2026 1002, 1.96% 7/1/2046 (Liquidity Facility Barclays Bank PLC) (b)(d) | 3000000 | 3000000 |
| TOTAL SYNTHETICS |  | 44095000 |
| Transportation - 1.0% |  |  |
| Metropolitan Transn Auth NY Rv Series 2016 D, 5% 11/15/2027  | 1070000 | 1088477 |
| Metropolitan Transn Auth NY Rv Series 2017 B, 5% 11/15/2027  | 1185000 | 1241123 |
| Metropolitan Transn Auth NY Rv Series 2017C 1, 5% 11/15/2028  | 660000 | 696486 |
| Metropolitan Transn Auth NY Rv Series 2025B, 5% 11/15/2026  | 7000000 | 7137871 |
| New York Transportation Development Corp (Delta Air Lines Inc Proj.) Series 2018, 5% 1/1/2027 (c) | 5000000 | 5085610 |
| New York Transportation Development Corp (Delta Air Lines Inc Proj.) Series 2018, 5% 1/1/2029 (c) | 3900000 | 4046208 |
| New York Transportation Development Corp (Jfk International Air Terminal Proj.) 5% 12/1/2027 (c) | 1025000 | 1064709 |
| New York Transportation Development Corp (Jfk International Air Terminal Proj.) Series 2022, 5% 12/1/2026 (c) | 5870000 | 5967810 |
| New York Transportation Development Corp (Jfk International Air Terminal Proj.) Series 2022, 5% 12/1/2027 (c) | 1915000 | 1989188 |
| Port Auth NY & NJ Series 227, 3% 10/1/2027 (c) | 3500000 | 3526638 |
| TOTAL TRANSPORTATION |  | 31844120 |
| Water & Sewer - 0.2% |  |  |
| New York NY Cty Muni Wtr Fin Auth Series 2022 DD, 2% 6/15/2033 (b) | 2000000 | 2000000 |
| New York NY Cty Muni Wtr Fin Auth Series BB 1, 2% 6/15/2049 (Liquidity Facility Bank of America NA) VRDN (b) | 3800000 | 3800000 |
| TOTAL WATER & SEWER |  | 5800000 |
| TOTAL NEW YORK |  | 205105083 |
| North Carolina - 1.6%  |  |  |
| Education - 0.0% |  |  |
| North Carolina Edl Facs Fin (Duke Univ Nc Rev Proj.) 1.7% 6/1/2027 VRDN (b) | 1435000 | 1435000 |
| North Carolina St Ed Assistance Auth Rev Series 2020A, 5% 6/1/2026 (c) | 1000000 | 1005212 |
| TOTAL EDUCATION |  | 2440212 |
| Escrowed/Pre-Refunded - 0.4% |  |  |
| Cumberland Cnty NC Series 2024, 3.125% tender 12/1/2027 (b)(c) | 12350000 | 12359388 |
| General Obligations - 0.0% |  |  |
| North Carolina St Gen. Oblig. Series 2016 B, 2% 6/1/2030  | 170000 | 165987 |
| Health Care - 0.5% |  |  |
| Atrium Health Series 2018 B, 1.95% tender 1/15/2048 (b) | 3075000 | 2931916 |
| Atrium Health Series 2018 D, 3.625% tender 1/15/2048 (b) | 4960000 | 5031927 |
| Atrium Health Series 2021 B, 3.25% tender 1/15/2050 (b) | 4555000 | 4599573 |
| Atrium Health Series 2021C, 5% tender 1/15/2050 (b) | 1095000 | 1171682 |
| North Carolina Med Care Commn Health Care Facs Rev (Duke Univ Health System Inc Proj.) Series 2025 D, 1.85% 6/1/2055 (Liquidity Facility Royal Bank of Canada/New York NY) VRDN (b) | 3400000 | 3400000 |
| TOTAL HEALTH CARE |  | 17135098 |
| Industrial Development - 0.3% |  |  |
| Hertford Cnty NC Indl Facs & Pollutn Ctl Fing Auth Indl Dev Rev (Nucor Corp Proj.) 2.25% 11/1/2033 VRDN (b)(c) | 9100000 | 9100000 |
| Resource Recovery - 0.2% |  |  |
| North Carolina Cap Facs Fin Agy Solid Waste Disp Rev (Republic Services Inc Proj.) Series 2013, 3.35% tender 6/1/2038 (b)(c) | 5000000 | 5000274 |
| Transportation - 0.2% |  |  |
| Charlotte NC Arpt Rev Series 2023B, 5% 7/1/2026 (c) | 455000 | 458639 |
| Charlotte NC Arpt Rev Series 2023B, 5% 7/1/2028 (c) | 400000 | 422499 |
| Charlotte NC Arpt Rev Series 2023B, 5% 7/1/2029 (c) | 1150000 | 1240122 |
| North Carolina Tpk Auth Triangle Expwy Sys Rev Series 2018, 5% 1/1/2027  | 2460000 | 2507796 |
| Raleigh Durham NC Arpt Auth Arpt Rev 5% 5/1/2027 (c) | 130000 | 133630 |
| Raleigh Durham NC Arpt Auth Arpt Rev Series 2017 A, 5% 5/1/2027 (c) | 745000 | 765802 |
| TOTAL TRANSPORTATION |  | 5528488 |
| TOTAL NORTH CAROLINA |  | 51729447 |
| North Dakota - 0.0%  |  |  |
| Housing - 0.0% |  |  |
| North Dakota St Hsg Fin Agy (ND Single Family Hsg Proj.) Series 2023 F, 6.25% 1/1/2054  | 60000 | 65962 |
| Ohio - 2.5%  |  |  |
| Education - 0.0% |  |  |
| Ohio St Higher Ed Fac Comm (Case Western Reserve Univ, Oh Proj.) 1.625% tender 12/1/2034 (b) | 605000 | 598131 |
| Electric Utilities - 0.5% |  |  |
| Ohio St Air Quality Dev Auth (American Electric Power Co Inc Proj.) Series 2014C, 3.65% 12/1/2027 (c) | 3575000 | 3606223 |
| Ohio St Air Quality Dev Auth (American Electric Power Co Inc Proj.) Series 2014D, 3.2% 5/1/2026  | 3275000 | 3275704 |
| Ohio St Air Quality Dev Auth (Duke Energy Corp New Proj.) Series 2022A, 4.25% tender 11/1/2039 (b)(c) | 9140000 | 9289444 |
| TOTAL ELECTRIC UTILITIES |  | 16171371 |
| General Obligations - 0.1% |  |  |
| Lancaster Port Auth OH Gas Rev Series 2024 A, 5% tender 2/1/2055 (Royal Bank of Canada Guaranteed) (b) | 2765000 | 2987213 |
| Health Care - 1.0% |  |  |
| Allen Cnty OH Hosp Facs Rev Series 2022B 1, 5% tender 10/1/2049 (b) | 6000000 | 6177495 |
| Butler Cnty OH Hosp Facs Rev (Uc Health Proj.) Series 2017, 5% 11/15/2027  | 1040000 | 1076768 |
| Franklin Cnty OH Hosp Facs Rev (Nationwide Children'S Hospital Proj.) 1.95% 11/1/2064 (Liquidity Facility JPMorgan Chase Bank NA) VRDN (b) | 5500000 | 5500000 |
| Miami Cnty OH Hosp Facs Rev (Kettering Med Ctr Inc, OH Proj.) 5% 8/1/2026  | 535000 | 540158 |
| Ohio St Higher Ed Fac Comm (Cleveland Clinic Foundtn (The) Proj.) 0% tender 3/16/2026 CP mode (b) | 1500000 | 1500201 |
| Ohio St Hosp Rev (Cleveland Clinic Foundation Proj.) Series 2019 C, 2.75% tender 1/1/2052 (b) | 710000 | 712160 |
| Ohio St Hosp Rev (University Hosp Hlth Sys, OH Proj.) Series 2025A, 5% 1/15/2027  | 2000000 | 2040198 |
| Ohio St Hosp Rev (University Hosp Hlth Sys, OH Proj.) Series 2025A, 5% 1/15/2028  | 6735000 | 7027418 |
| Ohio St Hosp Rev Series 2021B, 2.15% 1/15/2049 VRDN (b) | 3000000 | 3000000 |
| Scioto Cnty OH Hsp Facs Rev (Southern OH Medical Center Proj.) Series 2019, 5% 2/15/2029  | 300000 | 311203 |
| TOTAL HEALTH CARE |  | 27885601 |
| Housing - 0.2% |  |  |
| Columbus-Franklin Cnty Ohio Fin Auth Multifamily Hsg Rev Series 2023, 5% tender 7/1/2045 (b) | 765000 | 775020 |
| Columbus-Franklin Cnty Ohio Fin Auth Multifamily Hsg Rev Series 2025, 3.19% tender 6/1/2044 (b) | 6687000 | 6760231 |
| Ohio St Hsg Fin Agy Residential Mtg Rev (OH Residential Mortgage Proj.) Series 2019B, 4.5% 3/1/2050  | 25000 | 25348 |
| Ohio St Hsg Fin Agy Residential Mtg Rev (OH Residential Mortgage Proj.) Series 2023 B, 6% 3/1/2055  | 240000 | 266377 |
| TOTAL HOUSING |  | 7826976 |
| Other - 0.6% |  |  |
| American Mun Pwr Rev 5% 2/15/2027  | 695000 | 711070 |
| American Mun Pwr Rev 5% 2/15/2028  | 480000 | 502151 |
| Cuyahoga Ohio Met Hsg Auth Multifamily Hsg Rev Series 2024, 3.45% tender 2/1/2028 (b) | 4440000 | 4473806 |
| Delaware OH Gen. Oblig. BAN 4.125% 4/16/2026  | 3500000 | 3506746 |
| Lancaster OH Gen. Oblig. BAN 4.125% 6/10/2026  | 1500000 | 1505718 |
| Ohio Hsg Fin Agy Mf Hsg Rev Series 2025, 3.35% tender 7/1/2043 (b) | 4000000 | 4054492 |
| Trumbull Cnty OH BAN 4% 3/11/2027 (h) | 1000000 | 1014130 |
| Trumbull Cnty OH BAN 4% 3/12/2026 (f) | 2200000 | 2200764 |
| Warrensville Heights OH Gen. Oblig. BAN Series 2025, 4.5% 6/24/2026 (f) | 2000000 | 2011142 |
| TOTAL OTHER |  | 19980019 |
| Transportation - 0.1% |  |  |
| Cleveland OH Arpt Sys Rev Series 2018A, 5% 1/1/2027 (c) | 2990000 | 3049609 |
| Cleveland OH Arpt Sys Rev Series 2019 B, 5% 1/1/2027 (c) | 350000 | 356978 |
| TOTAL TRANSPORTATION |  | 3406587 |
| TOTAL OHIO |  | 78855898 |
| Oklahoma - 1.3%  |  |  |
| General Obligations - 0.4% |  |  |
| Oklahoma Cnty Indep Sch Dist 89 Oklahoma City 3% 7/1/2026  | 5990000 | 6004517 |
| Oklahoma St Inds Auth Edl Facs Lease Rev (Oklahoma Cnty Indep Sch Dist 89 Oklahoma City Proj.) Series 2024, 5% 4/1/2027  | 3230000 | 3326123 |
| Oklahoma St Inds Auth Edl Facs Lease Rev (Oklahoma Cnty Indep Sch Dist 89 Oklahoma City Proj.) Series 2024, 5% 4/1/2029  | 3000000 | 3244009 |
| TOTAL GENERAL OBLIGATIONS |  | 12574649 |
| Health Care - 0.4% |  |  |
| OK Dev Fin Auth Health Sys Rev (Integris Baptist Medical Ctr Proj.) Series 2015A, 5% 8/15/2027  | 1590000 | 1592155 |
| OK Dev Fin Auth Health Sys Rev (Integris Baptist Medical Ctr Proj.) Series 2020B, 2.52% 8/15/2031 VRDN (b) | 5735000 | 5735000 |
| OK Dev Fin Auth Health Sys Rev Series 2020 C, 2.3% 8/15/2031 (b) | 6320000 | 6320000 |
| TOTAL HEALTH CARE |  | 13647155 |
| Housing - 0.1% |  |  |
| Oklahoma Hsg Fin Agy Collateralized Rev 3.2% tender 10/1/2042 (b) | 1500000 | 1503639 |
| Oklahoma Hsg Fin Agy Collateralized Rev Series 2024, 3.35% tender 12/1/2027 (b) | 2280000 | 2293907 |
| Oklahoma Hsg Fin Agy Single Family Mtg Rev (OK Sf Mtge Rev Bonds 10/1/18 Proj.) 6% 3/1/2054  | 50000 | 55657 |
| Oklahoma Hsg Fin Agy Single Family Mtg Rev (OK Sf Mtge Rev Bonds 10/1/18 Proj.) Series 2023D, 6.5% 9/1/2054  | 55000 | 62440 |
| TOTAL HOUSING |  | 3915643 |
| Lease Revenue - 0.3% |  |  |
| Creek Cnty OK Edl Facs Auth Lease Rev Series 2024, 5% 9/1/2027  | 2650000 | 2738199 |
| Creek Cnty OK Edl Facs Auth Lease Rev Series 2024, 5% 9/1/2029  | 2000000 | 2143095 |
| Dewey Cnty Okla Edl Facs Authedl Facs Lease Rev Series 2016, 5% 9/1/2026  | 1230000 | 1245282 |
| OK Cnty Okla Fin Auth Edl Facs Lease Rev Series 2025, 5% 9/1/2029  | 1620000 | 1706071 |
| Washington Cnty OK Edl Facs Auth Edl Facs Lease Rev Series 2023, 5% 9/1/2027  | 455000 | 468318 |
| TOTAL LEASE REVENUE |  | 8300965 |
| Other - 0.1% |  |  |
| Kingfisher Cnty Okla Indpt Schdist No 89 Cashion 5% 5/1/2027  | 2175000 | 2224607 |
| Synthetics - 0.0% |  |  |
| Steele Duncan Plaza LLC Participating VRDN Series 2022 MIZ9103, 2.11% 8/1/2062 (Liquidity Facility Mizuho Capital Markets LLC) (b)(d)(e) | 1274152 | 1274152 |
| TOTAL OKLAHOMA |  | 41937171 |
| Oregon - 0.4%  |  |  |
| General Obligations - 0.0% |  |  |
| Redmond or Gen. Oblig. Series 2025 A, 5% 6/1/2030 (c) | 450000 | 490800 |
| Salem Keizer School Dist 0% 6/15/2028 (g) | 370000 | 348655 |
| TOTAL GENERAL OBLIGATIONS |  | 839455 |
| Health Care - 0.0% |  |  |
| Oregon St Facs Auth Rev 5% 10/1/2029  | 1000000 | 1005052 |
| Salem OR Hosp Fac Auth Rev Series 2022, 5% 5/15/2026  | 135000 | 135445 |
| TOTAL HEALTH CARE |  | 1140497 |
| Industrial Development - 0.1% |  |  |
| Oregon State Business Development Commission (Intel Corp Proj.) Series 232, 3.8% tender 12/1/2040 (b) | 2000000 | 2040868 |
| Lease Revenue - 0.1% |  |  |
| Oregon St Gen. Oblig. Series 2024 D, 5% 6/1/2028  | 2500000 | 2660961 |
| Other - 0.0% |  |  |
| Oregon St Hsg & Cmnty Svcs Dept Hsg Dev Rev Series 2025Q, 3.125% tender 7/1/2044 (b) | 700000 | 705863 |
| Transportation - 0.2% |  |  |
| Port of Portland Arpt Rev 5% 7/1/2026 (c) | 1150000 | 1159197 |
| Port of Portland Arpt Rev Series THIRTY B, 5% 7/1/2028 (c) | 720000 | 762179 |
| Port of Portland Arpt Rev Series THIRTY B, 5% 7/1/2029 (c) | 2860000 | 3096512 |
| TOTAL TRANSPORTATION |  | 5017888 |
| TOTAL OREGON |  | 12405532 |
| Pennsylvania - 4.3%  |  |  |
| Education - 0.1% |  |  |
| Lycoming County Authority Series 2013 S2, 3.85% tender 11/1/2035 (b) | 2000000 | 2008417 |
| Pennsylvania St Higher Edl Rev (Drexel University, PA Proj.) Series 2017, 5% 5/1/2028  | 1600000 | 1643837 |
| Southcentral PA Gen Auth Rev Series 2021 TT2, 5% 5/1/2026  | 320000 | 321141 |
| TOTAL EDUCATION |  | 3973395 |
| General Obligations - 0.4% |  |  |
| Pennsylvania St 5% 9/1/2026  | 6590000 | 6686393 |
| Pennsylvania St 5% 9/1/2027  | 1000000 | 1043212 |
| Pennsylvania St Gen. Oblig. Series 2018, 3.2% 3/1/2029  | 640000 | 647770 |
| Pennsylvania St Gen. Oblig. Series 2018, 3.35% 3/1/2030  | 950000 | 964251 |
| Pennsylvania St Gen. Oblig. Series 2018, 5% 3/1/2028  | 1215000 | 1284736 |
| Pennsylvania St Series 2019, 5% 7/15/2026  | 1650000 | 1667856 |
| Reading PA Sch Dist Series 2017, 5% 3/1/2026 (Assured Guaranty Inc Insured)  | 5000 | 5000 |
| Reading PA Sch Dist Series 2017, 5% 3/1/2027 (Assured Guaranty Inc Insured)  | 5000 | 5120 |
| Reading PA Sch Dist Series 2017, 5% 3/1/2028 (Assured Guaranty Inc Insured)  | 5000 | 5132 |
| TOTAL GENERAL OBLIGATIONS |  | 12309470 |
| Health Care - 2.0% |  |  |
| Alleg Cnty PA Dev Auth Series 2017 D 2 SUB E, SIFMA Municipal Swap Index x 0.7%, 2.58% tender 11/15/2047 (b)(i) | 4000000 | 3968544 |
| Geisinger Auth PA Hlth Sys Rev (Kaiser Permanente Hlth System Proj.) Series 2020 B, 5% tender 4/1/2043 (b) | 7975000 | 8073627 |
| Lancaster Cnty PA Hosp Aut Rev (Masonic Villages of The Grand Lodge of Pennsylvania Proj.) Series 2025 A, 5% 11/1/2026  | 1020000 | 1035692 |
| Lancaster Cnty PA Hosp Aut Rev (Masonic Villages of The Grand Lodge of Pennsylvania Proj.) Series 2025 A, 5% 11/1/2027  | 1160000 | 1202821 |
| Lancaster Municipal Authority (Garden Spot Village Proj.) Series 2024A, 5% 5/1/2027  | 200000 | 204707 |
| Lancaster Municipal Authority (Garden Spot Village Proj.) Series 2024A, 5% 5/1/2028  | 210000 | 218996 |
| Montgomery Cnty PA Higher Ed & Health Auth Rev (Thomas Jefferson Univ-Abiington Proj.) Series 2018 D, 2.69% 9/1/2050 VRDN (b) | 6700000 | 6700000 |
| Montgomery Cnty PA Higher Ed & Health Auth Rev (Thomas Jefferson Univ-Abiington Proj.) Series 2019, 5% 9/1/2026  | 1250000 | 1265847 |
| Pennsylvania Higher Educational Facilities Authority (Thomas Jefferson Univ-Abiington Proj.) Series 2024D1, 2% 11/1/2061, LOC Bank of America NA VRDN (b) | 5000000 | 5000000 |
| Philadelphia PA Auth For Indl Dev Hosp Rev (Childrens Hosp Of Phil, Pa Proj.) Series 2024B2, 1.85% 7/1/2054 (Liquidity Facility JPMorgan Chase Bank NA) VRDN (b) | 10000000 | 10000000 |
| Philadelphia PA Auth For Indl Dev Revs (Thomas Jefferson Univ-Abiington Proj.) Series 2017 B, 2.69% 9/1/2050 VRDN (b) | 7895000 | 7895000 |
| Southcentral PA Gen Auth Rev (Wellspan Health Group Proj.) Series 2025 B, 1.85% 6/1/2055 (Liquidity Facility TD Bank NA) VRDN (b) | 15000000 | 15000001 |
| TOTAL HEALTH CARE |  | 60565235 |
| Housing - 0.0% |  |  |
| Pennsylvania Hsg Fin Agy Single Family Mtg Rev (PA Single Family Mortgage Proj.) Series 2021 137, 5% 10/1/2026  | 280000 | 284212 |
| Resource Recovery - 1.0% |  |  |
| Pennsylvania Econ Dev Sld Wst (Republic Services Inc Proj.) Series 2014, 3.35% tender 6/1/2044 (b)(c) | 6600000 | 6600000 |
| Pennsylvania Econ Dev Sld Wst (Republic Services Inc Proj.) Series 2019 B 2, 3.25% tender 4/1/2049 (b)(c) | 2100000 | 2101136 |
| Pennsylvania Econ Dev Sld Wst (Waste Management Inc Del Proj.) Series 2019 A, 3.875% tender 8/1/2038 (b)(c) | 4000000 | 4012640 |
| Pennsylvania Econ Dev Sld Wst (Waste Management Inc Del Proj.) Series 2021A 2, 4.6% tender 10/1/2046 (b)(c) | 9005000 | 9053205 |
| Pennsylvania Econ Dev Sld Wst (Waste Management Inc Del Proj.) Series 2021A, 4% tender 6/1/2041 (b)(c) | 8800000 | 8806165 |
| TOTAL RESOURCE RECOVERY |  | 30573146 |
| Synthetics - 0.1% |  |  |
| Allegheny Cnty PA San Auth Swr Participating VRDN Series 2025 1007, 1.96% 12/1/2055 (Liquidity Facility Barclays Bank PLC) (b)(d) | 3290000 | 3290000 |
| Transportation - 0.6% |  |  |
| Allegheny County Airport Authority (Pittsburgh Intl Airport Proj.) Series 2023A, 5% 1/1/2027 (Assured Guaranty Inc Insured) (c) | 680000 | 695029 |
| Pennsylvania Turnpike Commission Series 2025, 1.88% 12/1/2045, LOC Bank of America NA VRDN (b) | 5000000 | 5000000 |
| Pennsylvania Turnpike Commission Series B 2, 5% 6/1/2028  | 410000 | 424152 |
| Pennsylvania Turnpike Commission Series B 2, 5% 6/1/2029  | 690000 | 713815 |
| Philadelphia PA Airport Rev 5% 7/1/2026 (c) | 3360000 | 3386422 |
| Philadelphia PA Airport Rev Series 2020 C, 5% 7/1/2028 (c) | 460000 | 485339 |
| Philadelphia PA Airport Rev Series 2021, 5% 7/1/2028 (c) | 3170000 | 3344618 |
| Philadelphia PA Airport Rev Series 2025B, 5% 7/1/2026 (c) | 1625000 | 1637779 |
| Philadelphia PA Airport Rev Series 2025B, 5% 7/1/2027 (c) | 1145000 | 1181489 |
| Philadelphia PA Airport Rev Series 2025B, 5% 7/1/2028 (c) | 1000000 | 1055084 |
| Philadelphia PA Airport Rev Series 2025B, 5% 7/1/2030 (c) | 355000 | 388832 |
| TOTAL TRANSPORTATION |  | 18312559 |
| Water & Sewer - 0.1% |  |  |
| Philadelphia PA Wtr & Wastewtr 2.63% 3/3/2026, LOC Barclays Bank PLC CP  | 1000000 | 1000064 |
| Pittsburgh PA Wtr & Swr Auth Series 2025A, 5% 9/1/2028  | 275000 | 292966 |
| Pittsburgh PA Wtr & Swr Auth Series 2025A, 5% 9/1/2029 (Assured Guaranty Inc Insured)  | 275000 | 301001 |
| Pittsburgh PA Wtr & Swr Auth Series 2025A, 5% 9/1/2030 (Assured Guaranty Inc Insured)  | 200000 | 223509 |
| Pittsburgh PA Wtr & Swr Auth Series 2025A, 5% 9/1/2031 (Assured Guaranty Inc Insured)  | 300000 | 341672 |
| Pittsburgh PA Wtr & Swr Auth Series 2025A, 5% 9/1/2032 (Assured Guaranty Inc Insured)  | 385000 | 445362 |
| Pittsburgh PA Wtr & Swr Auth Series 2025A, 5% 9/1/2033 (Assured Guaranty Inc Insured)  | 350000 | 410601 |
| TOTAL WATER & SEWER |  | 3015175 |
| TOTAL PENNSYLVANIA |  | 132323192 |
| Rhode Island - 0.6%  |  |  |
| Education - 0.4% |  |  |
| Rhode Island Health & Edl Bldg Corp Higher Ed Fac Rev (Bryant University Proj.) Series 2024, 5% 6/1/2028  | 350000 | 369691 |
| Rhode Island Health & Edl Bldg Corp Higher Ed Fac Rev (Bryant University Proj.) Series 2024, 5% 6/1/2029  | 350000 | 378120 |
| Rhode Island Health & Edl Bldg Corp Higher Ed Fac Rev (Bryant University Proj.) Series 2024, 5% 6/1/2030  | 335000 | 369205 |
| Rhode Island Health & Edl Bldg Corp Higher Ed Fac Rev (Bryant University Proj.) Series 2024, 5% 6/1/2031  | 350000 | 392017 |
| Rhode Island Health & Edl Bldg Corp Higher Ed Fac Rev (Bryant University Proj.) Series 2024, 5% 6/1/2032  | 465000 | 528445 |
| Rhode Island Health & Edl Bldg Corp Rev 2.42% 5/14/2026 CP  | 7000000 | 6999963 |
| Rhode Island St Student Ln 5% 12/1/2027 (c) | 1000000 | 1035442 |
| Rhode Island St Student Ln Series 2017A, 4% 12/1/2026 (c) | 145000 | 145102 |
| Rhode Island St Student Ln Series 2019, 5% 12/1/2026 (c) | 570000 | 580350 |
| Rhode Island St Student Ln Series 2019, 5% 12/1/2028 (c) | 490000 | 516321 |
| TOTAL EDUCATION |  | 11314656 |
| General Obligations - 0.2% |  |  |
| Bristol-Warren RI Regl Sch Dis BAN Series 2025 1, 5% 6/4/2026  | 5000000 | 5031802 |
| Rhode Island Health And Educational Building Corp (Providence RI Proj.) 5% 5/15/2028 (Build America Mutual Assurance Co Insured)  | 900000 | 954200 |
| Rhode Island Health And Educational Building Corp (Providence RI Proj.) 5% 5/15/2029 (Build America Mutual Assurance Co Insured)  | 800000 | 869320 |
| TOTAL GENERAL OBLIGATIONS |  | 6855322 |
| Housing - 0.0% |  |  |
| Rhode Island Hsg & Mtg Fin Cp (RI Homeownership Proj.) Series 70, 4% 10/1/2049  | 30000 | 30280 |
| Rhode Island Hsg & Mtg Fin Cp (RI Homeownership Proj.) Series 76 A, 5% 4/1/2027  | 35000 | 35963 |
| Rhode Island Hsg & Mtg Fin Cp (RI Homeownership Proj.) Series 76 A, 5% 4/1/2028  | 250000 | 263111 |
| Rhode Island Hsg & Mtg Fin Cp (RI Homeownership Proj.) Series 76 A, 5% 4/1/2029  | 300000 | 321291 |
| TOTAL HOUSING |  | 650645 |
| Lease Revenue - 0.0% |  |  |
| Providence RI Pub Bldgs Auth Rev 5% 9/15/2027 (Assured Guaranty Inc Insured)  | 1000000 | 1037509 |
| Tobacco Bonds - 0.0% |  |  |
| Tobacco Setlement Fing Corp RI Series 2015 A, 5% 6/1/2026  | 75000 | 75135 |
| Tobacco Setlement Fing Corp RI Series 2015 A, 5% 6/1/2027  | 20000 | 20036 |
| TOTAL TOBACCO BONDS |  | 95171 |
| TOTAL RHODE ISLAND |  | 19953303 |
| South Carolina - 0.4%  |  |  |
| Education - 0.0% |  |  |
| Clemson Univ SC Higher Ed Rev Series 2025A, 5% 5/1/2028  | 435000 | 460289 |
| Clemson Univ SC Higher Ed Rev Series 2025A, 5% 5/1/2029  | 475000 | 515412 |
| Clemson Univ SC Higher Ed Rev Series 2025A, 5% 5/1/2030  | 390000 | 432409 |
| TOTAL EDUCATION |  | 1408110 |
| Electric Utilities - 0.2% |  |  |
| South Carolina St Svc Auth Rev 2.5% 5/5/2026, LOC Barclays Bank PLC CP  | 2175000 | 2175365 |
| South Carolina St Svc Auth Rev 5% 12/1/2026  | 170000 | 173530 |
| South Carolina St Svc Auth Rev Series 2024 A, 5% 12/1/2027  | 550000 | 576582 |
| South Carolina St Svc Auth Rev Series 2024 A, 5% 12/1/2028  | 550000 | 590980 |
| TOTAL ELECTRIC UTILITIES |  | 3516457 |
| General Obligations - 0.0% |  |  |
| Scago Edl Facs Corp For Colleton Sch Dist SC Installment Pur Rev (Colleton County School District Proj.) Series 2015, 5% 12/1/2026  | 25000 | 25044 |
| Housing - 0.0% |  |  |
| South Carolina Hsg Fin Dev Aut (SC Mortgage Proj.) Series 2019 A, 4% 1/1/2050  | 50000 | 50816 |
| South Carolina Hsg Fin Dev Aut (SC Mortgage Proj.) Series 2023 B, 6% 1/1/2054  | 135000 | 150599 |
| South Carolina Hsg Fin Dev Aut (SC Mortgage Proj.) Series 2025 C, 5% 1/1/2029  | 285000 | 304610 |
| South Carolina Hsg Fin Dev Aut (SC Mortgage Proj.) Series 2025 C, 5% 1/1/2030  | 310000 | 338055 |
| South Carolina Hsg Fin Dev Aut (SC Mortgage Proj.) Series 2025 C, 5% 7/1/2029  | 300000 | 324009 |
| South Carolina Hsg Fin Dev Aut (SC Mortgage Proj.) Series 2025 C, 5% 7/1/2030  | 305000 | 335379 |
| TOTAL HOUSING |  | 1503468 |
| Other - 0.2% |  |  |
| South Carolina Hsg Fin Dev Mfh Series 2025, 3.25% tender 1/1/2046 (b) | 3500000 | 3535285 |
| Synthetics - 0.0% |  |  |
| South Carolina Conway Hosp Participating VRDN Series 2022 019, 2.23% 7/1/2047 (Liquidity Facility Barclays Bank PLC) (b)(d) | 1400000 | 1400000 |
| Transportation - 0.0% |  |  |
| South Carolina St Ports Auth Series 2019 B, 5% 7/1/2026 (c) | 185000 | 186517 |
| TOTAL SOUTH CAROLINA |  | 11574881 |
| South Dakota - 0.1%  |  |  |
| Health Care - 0.1% |  |  |
| South Dakota St Hlth & Edl Fac (Sanford Health, Sd Proj.) 5% tender 11/1/2052 (b) | 855000 | 917044 |
| South Dakota St Hlth & Edl Fac Series 2025B, 5% 11/1/2027  | 1500000 | 1565580 |
| TOTAL HEALTH CARE |  | 2482624 |
| Housing - 0.0% |  |  |
| South Dakota Housing Development Authority (SD Mortgage Proj.) Series 2017D, 4% 11/1/2047  | 180000 | 180499 |
| South Dakota Housing Development Authority (SD Mortgage Proj.) Series 2023G, 6.25% 5/1/2055  | 95000 | 104005 |
| TOTAL HOUSING |  | 284504 |
| TOTAL SOUTH DAKOTA |  | 2767128 |
| Tennessee - 1.3%  |  |  |
| Electric Utilities - 0.1% |  |  |
| Tennessee Engy Acq Crp Gas Rev 5.625% 9/1/2026 (Goldman Sachs Group Inc/The Guaranteed)  | 2000000 | 2024979 |
| General Obligations - 0.1% |  |  |
| Metropolitan Govt Nashville & Davidson Cnty TN Gen. Oblig. Series 2017, 4% 7/1/2028  | 1440000 | 1471806 |
| Tennessee St 2.45% 5/28/2026 CP  | 2500000 | 2499972 |
| Tennessee St 2.65% 5/26/2026 CP  | 1000000 | 1000442 |
| TOTAL GENERAL OBLIGATIONS |  | 4972220 |
| Health Care - 0.3% |  |  |
| Chatanooga TN Health Ed & Hsg Fac Brd Rev (Commonspirit Health Proj.) 2.02% 5/1/2039 VRDN (b) | 1500000 | 1500000 |
| Jackson TN Hosp Rev (West Tennessee Healthcare Proj.) Series 2015, 5% 4/1/2027  | 5750000 | 5755673 |
| Johnson City TN Health & Edl (Ballad Health Proj.) Series 2023A, 5% 7/1/2026  | 400000 | 402999 |
| Shelby County Health Educational & Housing Facilities Board (Baptist Memorial Hlth Car Corp Proj.) Series 2025 B, 5% tender 9/1/2044 (b) | 200000 | 217352 |
| TOTAL HEALTH CARE |  | 7876024 |
| Housing - 0.3% |  |  |
| Chattanooga Tenn Health Edl & Hsg Fac Brd Multifamily Hsg 3.6% tender 6/1/2048 (b) | 4090000 | 4151255 |
| Kingsport Tenn Indl Dev Brd Collateralized Multifamily Hsg Rev Series 2025, 2.95% tender 9/1/2029 (b) | 3225000 | 3244319 |
| Knoxville Cnty Tenn Health Edl& Hsg Fac Brd Multifamily Hsgrev Series 2024, 3.1% tender 9/1/2029 (b) | 2315000 | 2328009 |
| Tennessee Housing Development Agency (TN Residential Finance 1/29/13 Proj.) Series 2021 3A, 3% 1/1/2052  | 160000 | 158796 |
| Tennessee Hsg Dev Agy Series 2015A, 3.5% 7/1/2045  | 60000 | 60022 |
| TOTAL HOUSING |  | 9942401 |
| Other - 0.2% |  |  |
| Chattanooga Tenn Health Edl & Hsg Fac Brd Multifamily Hsg Series 2023, 3.8% tender 12/1/2029 (b) | 2000000 | 2016585 |
| Jackson TN Health & Hsg Mfh Rv 4% tender 4/1/2045 (b) | 2000000 | 2034084 |
| Knoxville TN Cmnty Dev Corp Multi Fam Rev 3.5% tender 12/1/2029 (b) | 3262000 | 3307083 |
| TOTAL OTHER |  | 7357752 |
| Resource Recovery - 0.1% |  |  |
| Lewisburg Tenn Indl Dev Brd So Lid Waste Disp Rev (Waste Management Inc Del Proj.) Series 2012, 3% tender 7/2/2035 (b)(c) | 1800000 | 1800337 |
| Metropolitan Govt Nashville & Davidson Cnty Tenn Indl Dev Brd Exempt Facs Rev (Waste Management Inc Del Proj.) Series 2001, 3.875% tender 8/1/2031 (b)(c) | 2000000 | 2005967 |
| TOTAL RESOURCE RECOVERY |  | 3806304 |
| Synthetics - 0.0% |  |  |
| Metropolitan Govt Nashville & Davidson County Hlth & Edl Facs Participating VRDN Series 2024 MIZ9163, 2.11% 12/1/2062 (Liquidity Facility Mizuho Capital Markets LLC) (b)(d)(e) | 1300000 | 1300000 |
| Transportation - 0.2% |  |  |
| Metro Nashville Arpt Auth Rev 5% 7/1/2026 (c) | 600000 | 604798 |
| Metro Nashville Arpt Auth Rev 5% 7/1/2027 (c) | 435000 | 448863 |
| Metro Nashville Arpt Auth Rev Series 2019 B, 5% 7/1/2026 (c) | 1695000 | 1708555 |
| Metro Nashville Arpt Auth Rev Series 2026 B, 5% 7/1/2029 (c) | 1375000 | 1488708 |
| Metro Nashville Arpt Auth Rev Series 2026 D, 5% 7/1/2027 (c) | 400000 | 412747 |
| Metro Nashville Arpt Auth Rev Series 2026 D, 5% 7/1/2028 (c) | 400000 | 423433 |
| TOTAL TRANSPORTATION |  | 5087104 |
| TOTAL TENNESSEE |  | 42366784 |
| Texas - 13.2%  |  |  |
| Education - 0.8% |  |  |
| Board of Regents of the University of Texas System 2.65% 4/14/2026 (Liquidity Facility University of Texas Investment Management Company) CP  | 4000000 | 4001132 |
| Brazos Tex Higher Ed Auth Inc Student Loan Prog Rev 5% 4/1/2029 (c) | 1050000 | 1104098 |
| Clifton Higher Education Finance Corp 5% 8/15/2026  | 475000 | 479588 |
| Clifton Higher Education Finance Corp Series 2024, 5% 8/15/2026  | 325000 | 328818 |
| Clifton Higher Education Finance Corp Series 2024, 5% 8/15/2027  | 340000 | 352812 |
| Clifton Higher Education Finance Corp Series 2024A, 5% 8/15/2026  | 715000 | 723225 |
| Clifton Higher Education Finance Corp Series 2024A, 5% 8/15/2027  | 1275000 | 1322044 |
| Clifton Higher Education Finance Corp Series 2025, 5% 8/15/2026  | 800000 | 809203 |
| Clifton Higher Education Finance Corp Series 2025, 5% 8/15/2027  | 2015000 | 2089348 |
| Clifton Higher Education Finance Corp Series 2025A, 5% 2/15/2027  | 3000000 | 3072914 |
| Clifton Higher Education Finance Corp Series 2025A, 5% 2/15/2028  | 1150000 | 1206754 |
| Newark Higher Ed Fin Corp Tex Rev (Abilene Christian Univ, TX Proj.) Series 2016 A, 5% 4/1/2026  | 55000 | 55094 |
| Texas A&M Univ Revs Series 2021 A, 5% 5/15/2026  | 725000 | 729207 |
| Texas State Gen. Oblig. Series 2017, 5% 8/1/2028 (c) | 1325000 | 1386815 |
| University Houston TX Univ Rev 2.43% 5/20/2026 CP  | 1500000 | 1499991 |
| University Houston TX Univ Rev 2.43% 5/21/2026 CP  | 2100000 | 2099988 |
| University TX Perm Univ Fd 0% 7/1/2026 CP  | 5000000 | 4999958 |
| TOTAL EDUCATION |  | 26260989 |
| Electric Utilities - 0.8% |  |  |
| Austin TX Elec Util Sys Rev Series 2024, 5% 11/15/2028  | 1750000 | 1880437 |
| Garland Tex Elec Util Sys Rev Series 2024, 5% 3/1/2028 (Assured Guaranty Inc Insured)  | 1400000 | 1475702 |
| Lower Colorado River Authority (Lcra Transmission Services Corp Proj.) 5% 5/15/2026  | 1250000 | 1257242 |
| Lower Colorado River Authority (Lcra Transmission Services Corp Proj.) Series 2021, 5% 5/15/2026  | 3160000 | 3178309 |
| Lower Colorado River Authority (Lcra Transmission Services Corp Proj.) Series 2022, 5% 5/15/2026  | 700000 | 704056 |
| San Antonio TX Elec & Gas Rev 2% tender 2/1/2049 (b) | 1555000 | 1533949 |
| San Antonio TX Elec & Gas Rev Series 2023, 3.65% tender 2/1/2053 (b) | 4000000 | 4016048 |
| San Antonio TX Elec & Gas Rev Series 2025A, 3.08% tender 2/1/2055 (b) | 4795000 | 4851979 |
| San Antonio TX Elec & Gas Rev Series 2026A, 2.9% tender 2/1/2055 (b) | 1215000 | 1217062 |
| San Antonio TX Elec & Gas Rev Series 2026A, 3% tender 2/1/2055 (b) | 5000000 | 5044544 |
| TOTAL ELECTRIC UTILITIES |  | 25159328 |
| Escrowed/Pre-Refunded - 0.4% |  |  |
| Tarrant Cnty TX Cultural Ed Facs Fin Corp Hosp Rev 5% tender 11/15/2052 (b) | 12995000 | 13029502 |
| General Obligations - 3.9% |  |  |
| Alvin Tex Indpt Sch Dist Series 2024, 5% 2/15/2029 (Permanent Sch Fund of Texas Guaranteed)  | 750000 | 809942 |
| Andrews County Hospital District Gen. Oblig. Series 2021, 5% 3/15/2026  | 1430000 | 1431156 |
| Argyle TX Indpt Sch Dist Series 2025 B 1, 4% tender 8/15/2057 (Permanent Sch Fund of Texas Guaranteed) (b) | 1470000 | 1502106 |
| Argyle TX Indpt Sch Dist Series 2025 B 2, 4% tender 8/15/2057 (Permanent Sch Fund of Texas Guaranteed) (b) | 2270000 | 2359258 |
| Boerne TX Isd Series 2023, 3.125% tender 2/1/2053 (Permanent Sch Fund of Texas Guaranteed) (b) | 6720000 | 6753091 |
| Boerne TX Isd Series 2024, 4% tender 2/1/2054 (Permanent Sch Fund of Texas Guaranteed) (b) | 1295000 | 1329651 |
| Dallas TX ISD Series 2026B, 5% tender 2/15/2056 (Permanent Sch Fund of Texas Guaranteed) (b) | 1520000 | 1659740 |
| Denton Independent School District Series B1, 4% tender 8/15/2055 (Permanent Sch Fund of Texas Guaranteed) (b) | 8325000 | 8652343 |
| El Paso Tex Gen. Oblig. Series 2024, 5% 8/15/2026  | 840000 | 850274 |
| El Paso Tex Gen. Oblig. Series 2024, 5% 8/15/2027  | 600000 | 623538 |
| El Paso Tex Gen. Oblig. Series 2025, 5% 8/15/2027  | 2295000 | 2385031 |
| El Paso Tex Gen. Oblig. Series 2025, 5% 8/15/2028  | 1500000 | 1598070 |
| Fort Bend TX Indpt Sch Dist Series 2021 B, 0.72% tender 8/1/2051 (Permanent Sch Fund of Texas Guaranteed) (b) | 2030000 | 2008204 |
| Fort Bend TX Indpt Sch Dist Series 2024B, 4% tender 8/1/2054 (Permanent Sch Fund of Texas Guaranteed) (b) | 10000000 | 10218179 |
| Goose Creek TX Cons Indpt Sch 0.6% tender 2/15/2035 (Permanent Sch Fund of Texas Guaranteed) (b) | 500000 | 495614 |
| Harris Cnty TX 2.53% 3/26/2026 CP  | 200000 | 200006 |
| Harris Cnty TX 2.76% 3/26/2026 (Liquidity Facility JPMorgan Chase Bank NA) CP  | 4920000 | 4921032 |
| Harris Cnty TX 2.76% 3/26/2026 (Liquidity Facility State Street Bank & Trust Co) CP  | 1250000 | 1250263 |
| Harris Cnty TX 2.76% 3/26/2026, LOC Sumitomo Mitsui Banking Corp/New York CP  | 4000000 | 4000839 |
| Harris County Hospital District Gen. Oblig. Series 2025, 5% 2/15/2029  | 2000000 | 2146861 |
| Hidalgo Cnty Tex Gen. Oblig. Series 2025, 5% 8/15/2028  | 850000 | 907254 |
| Houston TX Indpt Sch Dist Series 2017, 5% 2/15/2027 (Permanent Sch Fund of Texas Guaranteed)  | 3015000 | 3098664 |
| Katy TX Ind Sch Dist Series 2021 C, 4% tender 8/15/2050 (b) | 6000000 | 6042994 |
| Leander Independent School District 0% 2/15/2027 (Permanent Sch Fund of Texas Guaranteed) (g) | 1000000 | 977038 |
| Leander Independent School District Series 2025 B, 0% 8/15/2028 (g) | 950000 | 891772 |
| Leander Independent School District Series 2025 B, 0% 8/15/2029 (g) | 600000 | 547885 |
| Mckinney Tex Gen. Oblig. Series 2023A, 5% 8/15/2027  | 180000 | 187219 |
| Mckinney Tex Gen. Oblig. Series 2023A, 5% 8/15/2028  | 350000 | 373489 |
| New Caney TX Indpt Sch Dist New Series 2024, 5% 2/15/2029 (Permanent Sch Fund of Texas Guaranteed)  | 1400000 | 1511892 |
| North East Indpt Sch Dist TX Series 2024, 3.75% tender 8/1/2049 (Permanent Sch Fund of Texas Guaranteed) (b) | 3895000 | 3956310 |
| Northside TX Indpt Sch Dist Series 2020, 3.55% tender 6/1/2050 (Permanent Sch Fund of Texas Guaranteed) (b) | 7325000 | 7488271 |
| Northside TX Indpt Sch Dist Series 2023 B, 3% tender 8/1/2053 (Permanent Sch Fund of Texas Guaranteed) (b) | 5135000 | 5145213 |
| Northside TX Indpt Sch Dist Series 2024B, 3.45% tender 8/1/2054 (Permanent Sch Fund of Texas Guaranteed) (b) | 8715000 | 8831637 |
| Plainview Tex Indpt Sch Dist Series 2020B, 4% tender 2/15/2050 (b) | 2000000 | 2014331 |
| Port of Port Arthur TX Nav Dist Gen. Oblig. Series 2017, 5% 3/1/2028 (c) | 1645000 | 1679902 |
| Prosper Tex Indpt Sch Dist Series 2019 B, 4% tender 2/15/2050 (Permanent Sch Fund of Texas Guaranteed) (b) | 2900000 | 2921961 |
| Round Rock TX Indpt Sch Dist Series 2025A, 5% tender 8/1/2044 (b) | 3000000 | 3336484 |
| Texarkana Tex Indpt Sch Dist Series 2024, 4% tender 2/15/2053 (Permanent Sch Fund of Texas Guaranteed) (b) | 2835000 | 2855315 |
| Texas Mun Gas Acquisition & Supply Corp I Gas Supply Rev 5.25% 12/15/2026 (Merrill Lynch & Co Inc Guaranteed)  | 500000 | 510415 |
| Texas Mun Gas Acquisition & Supply Corp IV Gas Supply Rev Series 2023B, 5.25% 1/1/2027 (BP PLC Guaranteed)  | 1070000 | 1090980 |
| Texas Municipal Gas Acquisition And Supply Corp VI Series 2025, 5% 1/1/2028  | 400000 | 414790 |
| Texas Municipal Gas Acquisition And Supply Corp VI Series 2025, 5% 1/1/2029  | 645000 | 679282 |
| Texas State Gen. Oblig. Series 2015, 5% 8/1/2026 (c) | 7875000 | 7889730 |
| TOTAL GENERAL OBLIGATIONS |  | 118548026 |
| Health Care - 1.0% |  |  |
| Harris Cnty TX Cultural Ed Facs Fin Corp Rev (Memorial Hermann Hosp System Proj.) 5% tender 7/1/2049 (b) | 1475000 | 1502378 |
| Harris Cnty TX Cultural Ed Facs Fin Corp Rev (Memorial Hermann Hosp System Proj.) Series 2020 C 3, 5% tender 6/1/2032 (b) | 6165000 | 6279433 |
| Harris Cnty TX Cultural Ed Facs Fin Corp Rev (Methodist Healthcare Sys, Tx Proj.) Series 2025 E, 2% 12/1/2060 (Liquidity Facility Royal Bank of Canada/New York NY) VRDN (b) | 9000000 | 9000000 |
| New Hope Cultural Ed Facs Fin Corp Tex Retirement Fac Rev Series 2025, 5% 1/1/2027  | 605000 | 613712 |
| New Hope Cultural Ed Facs Fin Corp Tex Retirement Fac Rev Series 2025, 5% 1/1/2028  | 800000 | 825008 |
| Tarrant Cnty TX Cultural Ed Facs Fin Corp Hosp Rev (Baylor Scott & White Health Proj.) Series 2026F, 5% tender 11/15/2055 (b) | 210000 | 230256 |
| Tarrant Cnty TX Cultural Ed Facs Fin Corp Hosp Rev (Methodist Hospitals Of Dallas Proj.) 2% 10/1/2041 VRDN (b) | 10000000 | 10000000 |
| Tarrant Cnty TX Cultural Ed Facs Fin Corp Hosp Rev Series 2026E, 5% 11/15/2028  | 2150000 | 2306557 |
| Tarrant Cnty TX Cultural Ed Facs Fin Corp Rev (Texas Health Resources Proj.) Series 2025 B, 5% tender 11/15/2064 (b) | 1425000 | 1541649 |
| TOTAL HEALTH CARE |  | 32298993 |
| Housing - 0.4% |  |  |
| Bexar Mgmt & Dev Corp Tex Multifamily Hsg Rev Series 2026, 2.65% tender 3/1/2029 (b) | 315000 | 315192 |
| Capital Area Hsg Fin Corp Tex Multi Family Hsg Rev Series 2024, 3.125% tender 9/1/2029 (b) | 2660000 | 2686064 |
| Dallas Tex Hsg Fin Corp Multi Family Hsg Rev 5% tender 8/1/2027 (b) | 1785000 | 1802587 |
| Dallas Tex Hsg Fin Corp Multi Family Hsg Rev Series 2023, 5% tender 9/1/2026 (b) | 1080000 | 1080000 |
| Houston Tex Fin Corp Multifamilty Hsg Rev 5% tender 8/1/2041 (b) | 290000 | 291308 |
| Smha Fin Pub Fac Corp Tex Multifamily Hsg Rev Series 2024, 3.7% tender 7/1/2028 (b) | 3695000 | 3748926 |
| Texas Dept Hsg & Cmnty Affrs Res Mtg Rev (TX Residential Mortgage Proj.) Series 2023B, 6% 1/1/2054  | 595000 | 664509 |
| Texas St Affordable Hsg Corp Multifamily Hsg Rev Series 2023, 3.625% tender 1/1/2045 (b) | 1120000 | 1129496 |
| Thf Pub Fac Corp Tex Multifamily Hsg Rev Series 2025, 3.34% tender 2/1/2044 (b) | 2500000 | 2536157 |
| TOTAL HOUSING |  | 14254239 |
| Industrial Development - 1.6% |  |  |
| Jewett Economic Dev Corp Tex I (Nucor Corp Proj.) 2.2% 8/1/2038 VRDN (b)(c) | 1325000 | 1325000 |
| Port Arthur TX Navigation Dist Env Fac Rev (Motiva Enterprises Llc Proj.) 1.85% 4/1/2040 VRDN (b) | 6605000 | 6605000 |
| Port Arthur TX Navigation Dist Env Fac Rev (Motiva Enterprises Llc Proj.) 2.23% 12/1/2027 VRDN (b)(c) | 39015000 | 39015000 |
| Port Arthur TX Navigation Dist Env Fac Rev (Motiva Enterprises Llc Proj.) 2.35% 11/1/2040 VRDN (b) | 1800000 | 1800000 |
| TOTAL INDUSTRIAL DEVELOPMENT |  | 48745000 |
| Lease Revenue - 0.0% |  |  |
| County of Wise TX Series 2021, 5% 8/15/2027  | 1000000 | 1024363 |
| Other - 0.8% |  |  |
| Alamo Tex Area Hsg Fin Corp Multifamily Hsg Rev Series 2024, 3.39% tender 7/10/2044 (b) | 6000000 | 6107609 |
| Austin Affordable Pfc Inc Texmultifamily Hsg Rev Series 2024B, 5% tender 9/1/2028 (b) | 1050000 | 1088271 |
| City of Houston TX Airport System Revenue Series 2025 A, 5% 7/1/2029 (c) | 6000000 | 6446329 |
| El Paso Independent School District Series 2026B, 5% 8/15/2029  | 2000000 | 2181361 |
| Fort Bend Cnty Tex Mun Util Dist No 182 Gen. Oblig. 5.25% 9/1/2026 (Build America Mutual Assurance Co Insured)  | 1005000 | 1018205 |
| Harris Cnty TX Cultural Ed Facs Fin Corp Rev Series 2020 A, 5% tender 5/15/2050 (b) | 2500000 | 2736573 |
| Housing Options Inc Tex Multifamily Rev 3.75% tender 11/1/2045 (b) | 3000000 | 3064383 |
| Legacy Denton Public Facility Corp Series 2025, 2.7% tender 10/1/2043 (b) | 2000000 | 2000378 |
| Texas Municipal Gas Acquisition & Supply Corp V 5% 1/1/2027  | 500000 | 508744 |
| TOTAL OTHER |  | 25151853 |
| Resource Recovery - 0.4% |  |  |
| Mission TX Economic Dev Corp Solid Waste Disp Rev (Republic Services Inc Proj.) Series 2020A, 3% tender 5/1/2050 (b)(c) | 1000000 | 1000187 |
| Mission TX Economic Dev Corp Solid Waste Disp Rev (Waste Management Inc Del Proj.) Series 2018, 4% tender 11/1/2048 (b)(c) | 4000000 | 4002672 |
| Mission TX Economic Dev Corp Solid Waste Disp Rev (Waste Management Inc Del Proj.) Series 2020 A, 3.45% tender 5/1/2046 (b)(c) | 6600000 | 6600000 |
| Mission TX Economic Dev Corp Solid Waste Disp Rev (Waste Management Inc Del Proj.) Series 2025 A, 3.45% tender 6/1/2055 (b)(c) | 2400000 | 2400000 |
| TOTAL RESOURCE RECOVERY |  | 14002859 |
| Special Tax - 0.2% |  |  |
| Dallas TX Rapid Transit Sales Tax Rev 2.4% 3/5/2026 CP  | 4850000 | 4850157 |
| East Downtown Redevelopment Authority 5% 9/1/2026  | 300000 | 302257 |
| Houston TX Hotel Occ Tx & Spl Rev Series 2015, 5% 9/1/2027  | 1215000 | 1217405 |
| Houston TX Hotel Occ Tx & Spl Rev Series 2021, 4% 9/1/2026  | 275000 | 277403 |
| TOTAL SPECIAL TAX |  | 6647222 |
| Synthetics - 0.6% |  |  |
| Austin TX Elec Util Sys Rev Participating VRDN Series 2025 1012, 1.96% 11/15/2055 (Liquidity Facility Barclays Bank PLC) (b)(d) | 5610000 | 5610000 |
| El Paso TX Hsg Fin Auth Participating VRDN Series 2022 MIZ9104, 2.11% 8/1/2062 (Liquidity Facility Mizuho Capital Markets LLC) (b)(d)(e) | 1118240 | 1118240 |
| Texas Affordable Hsg Corp Multi Fam Hsg Rev Participating VRDN 2.11% 10/1/2062 (Liquidity Facility Mizuho Capital Markets LLC) (b)(d)(e) | 11100000 | 11100000 |
| TOTAL SYNTHETICS |  | 17828240 |
| Transportation - 2.0% |  |  |
| Austin Tex Airport Sys Series 2025, 5% 11/15/2026 (c) | 440000 | 447443 |
| Austin Tex Airport Sys Series 2025, 5% 11/15/2027 (c) | 2850000 | 2966276 |
| Austin Tex Airport Sys Series 2025, 5% 11/15/2028 (c) | 1525000 | 1621618 |
| Central TX Regl Mobility Auth Rev 5% 1/1/2027  | 4190000 | 4213125 |
| City of Houston TX Airport System Revenue 5% 7/1/2026 (c) | 1250000 | 1260246 |
| City of Houston TX Airport System Revenue Series 2018 C, 5% 7/1/2027 (c) | 2380000 | 2455846 |
| City of Houston TX Airport System Revenue Series 2023A, 5% 7/1/2026 (Assured Guaranty Inc Insured) (c) | 1000000 | 1008531 |
| City of Houston TX Airport System Revenue Series 2023A, 5% 7/1/2028 (Assured Guaranty Inc Insured) (c) | 4000000 | 4219407 |
| City of Houston TX Airport System Revenue Series 2025 A, 5% 7/1/2028 (c) | 1500000 | 1579142 |
| Dallas Fort Worth International Airport Series 2023 C, 5% 11/1/2026 (c) | 1800000 | 1830433 |
| Dallas Fort Worth International Airport Series 2025 A 1, 5% 11/1/2026 (c) | 5390000 | 5481131 |
| Dallas Fort Worth International Airport Series 2025 A 1, 5% 11/1/2027 (c) | 13170000 | 13693104 |
| Dallas Fort Worth International Airport Series 2025 A 2, 5% tender 11/1/2050 (b)(c) | 7500000 | 8046242 |
| Fort Bend Cnty Tex Toll Rd Rev Series 2025, 5% 3/1/2028 (Assured Guaranty Inc Insured)  | 500000 | 526836 |
| Grand Parkway Transportation Corp (Grand Parkway Trans Corp Tela Proj.) Series 2023, 5% tender 10/1/2052 (b) | 550000 | 573500 |
| Love Field TX Arpt Mod Rev 5% 11/1/2026 (c) | 405000 | 411443 |
| Love Field TX Arpt Mod Rev 5% 11/1/2027 (c) | 415000 | 431484 |
| North East Texas Regional Mobility Authority Series 2025A, 5% 1/1/2027  | 370000 | 377650 |
| North East Texas Regional Mobility Authority Series 2025A, 5% 1/1/2028  | 500000 | 522168 |
| North East Texas Regional Mobility Authority Series 2025B, 5% 1/1/2027  | 850000 | 866868 |
| North East Texas Regional Mobility Authority Series 2025B, 5% 1/1/2028  | 500000 | 520798 |
| North TX Twy Auth Rev Series 2023 A, 5% 1/1/2027  | 275000 | 281620 |
| North TX Twy Auth Rev Series 2025 B, 5% 1/1/2028  | 5100000 | 5361464 |
| Port of Houston Auth Series 2023, 5% 10/1/2026  | 955000 | 970664 |
| San Antonio TX Arpt Sys Rev 5% 7/1/2026 (c) | 500000 | 504164 |
| TOTAL TRANSPORTATION |  | 60171203 |
| Water & Sewer - 0.3% |  |  |
| City of El Paso TX Water & Sewer Revenue Series 2017, 5% 3/1/2030  | 1000000 | 1027149 |
| Houston TX Util Sys Rev Series 2021 A, 5% 11/15/2027  | 1000000 | 1047911 |
| San Antonio TX Wtr Rev Series 2013 F, 1% tender 5/1/2043 (b) | 4250000 | 4198718 |
| Temple Tex Util Sys Rev Series 2025, 5% 8/1/2028  | 500000 | 533292 |
| Temple Tex Util Sys Rev Series 2025, 5% 8/1/2029  | 600000 | 655326 |
| Temple Tex Util Sys Rev Series 2025, 5% 8/1/2030  | 405000 | 451230 |
| TOTAL WATER & SEWER |  | 7913626 |
| TOTAL TEXAS |  | 411035443 |
| Utah - 0.6%  |  |  |
| Electric Utilities - 0.0% |  |  |
| Intermountain Pwr Agy UT Pwr Series 2023 A, 5% 7/1/2026  | 935000 | 943806 |
| Housing - 0.1% |  |  |
| UT Hsg Corp Multifamily Rev Series 2024 B, 3.4% tender 2/1/2028 (b) | 1500000 | 1516638 |
| UT Hsg Corp Multifamily Rev Series 2025, 3% tender 9/1/2045 (b) | 1000000 | 1006801 |
| TOTAL HOUSING |  | 2523439 |
| Industrial Development - 0.0% |  |  |
| Box Elder Cnty Utah Pollution Ctl Rev (Nucor Corp Proj.) 2.55% 4/1/2028 VRDN (b) | 660000 | 660000 |
| Synthetics - 0.1% |  |  |
| Utah Hsg Corp Single Family Mtg Rev Participating VRDN 1.91% 1/1/2054 (b)(d) | 3990000 | 3990000 |
| Transportation - 0.4% |  |  |
| Salt Lake City UT Arpt Rev Series 2018A, 5% 7/1/2026 (c) | 2000000 | 2016861 |
| Salt Lake City UT Arpt Rev Series 2023A, 5% 7/1/2026 (c) | 2390000 | 2410149 |
| Salt Lake City UT Arpt Rev Series 2023A, 5% 7/1/2028 (c) | 1000000 | 1054852 |
| Salt Lake City UT Arpt Rev Series 2025A, 5% 7/1/2027 (c) | 1300000 | 1341429 |
| Salt Lake City UT Arpt Rev Series 2025A, 5% 7/1/2028 (c) | 1800000 | 1898733 |
| Salt Lake City UT Arpt Rev Series 2025A, 5% 7/1/2032 (c) | 1535000 | 1734124 |
| TOTAL TRANSPORTATION |  | 10456148 |
| TOTAL UTAH |  | 18573393 |
| Vermont - 0.1%  |  |  |
| Education - 0.0% |  |  |
| Vermont St Stud Assit Corp 5% 6/15/2027 (c) | 665000 | 679558 |
| Housing - 0.1% |  |  |
| Vermont Hsg Fin Agy Series 2024 E 2, 3.5% 11/1/2026  | 2954000 | 2956589 |
| Transportation - 0.0% |  |  |
| Burlington VT Arpt Rev Series 2022A, 5% 7/1/2028  | 540000 | 566603 |
| TOTAL VERMONT |  | 4202750 |
| Virginia - 1.3%  |  |  |
| Electric Utilities - 0.6% |  |  |
| Chesapeake VA Economic Dev Auth Pollution Ctl Rev (Virginia Electric And Power Co Proj.) Series 2008A, 3.65% tender 2/1/2032 (b) | 6160000 | 6279498 |
| Halifax Cnty VA Indl Dev Auth Pollution Ctl Rev (Virginia Electric And Power Co Proj.) 3.8% tender 12/1/2041 (b) | 2160000 | 2197894 |
| Louisa VA (Virginia Electric And Power Co Proj.) Series 2008 A, 3.65% tender 11/1/2035 (b) | 4450000 | 4536326 |
| Wise Cnty VA Indl Dev Auth Solid Waste & Sew Disp Rev (Virginia Electric And Power Co Proj.) Series 2009A, 3.125% tender 10/1/2040 (b) | 250000 | 254697 |
| Wise Cnty VA Indl Dev Auth Solid Waste & Sew Disp Rev (Virginia Electric And Power Co Proj.) Series 2010A, 3.8% tender 11/1/2040 (b) | 2800000 | 2849123 |
| TOTAL ELECTRIC UTILITIES |  | 16117538 |
| General Obligations - 0.1% |  |  |
| Virginia St Pub Bldg Auth Pub (Virginia St Proj.) 5% 8/1/2026 (c) | 2410000 | 2434746 |
| Health Care - 0.0% |  |  |
| Norfolk VA Economic Dev Auth Hosp Facs Rev (Sentara Hlth Sys Obl Group Proj.) Series 2018 A, 5% tender 11/1/2048 (b) | 300000 | 319989 |
| Stafford Cnty VA Economic Dev Auth Hosp Facs Rev (Mary Washington Hospital,Va Proj.) Series 2016, 5% 6/15/2026  | 35000 | 35211 |
| TOTAL HEALTH CARE |  | 355200 |
| Housing - 0.0% |  |  |
| Fairfax Cnty VA Redev & Hsg Auth Multi-Family Hsg Rev 5% tender 1/1/2045 (b) | 170000 | 175153 |
| Industrial Development - 0.3% |  |  |
| Botetourt Cnty Ind Dv Au Idr (Altec Industries Inc Proj.) 2.06% 1/1/2027 VRDN (b)(c) | 1500000 | 1500000 |
| Virginia Small Business Fing Auth Rev (Virginia Everywhere, Llc Proj.) 2.82% tender 3/5/2026, LOC Credit Agricole Corporate and Investment Bank/New York CP mode (c) | 6750000 | 6750535 |
| TOTAL INDUSTRIAL DEVELOPMENT |  | 8250535 |
| Other - 0.1% |  |  |
| Arlington Cnty VA Indl Dev Auth Multifamily Rev Series 2025, 3.1% tender 12/1/2055 (b) | 3350000 | 3350294 |
| Virginia Small Business Fing Auth Rev Series 2025, 5% 10/1/2027  | 1205000 | 1246721 |
| TOTAL OTHER |  | 4597015 |
| Synthetics - 0.1% |  |  |
| Nat'l Sr Campuses Participating VRDN Series 2022 028, 2.23% 1/1/2045 (Liquidity Facility Barclays Bank PLC) (b)(d) | 3600000 | 3600000 |
| Transportation - 0.0% |  |  |
| Virginia Port Auth Port Fac Rev Series 2016 B, 5% 7/1/2033 (Pre-refunded to 7/1/2026 at 100) (c) | 715000 | 720404 |
| Water & Sewer - 0.1% |  |  |
| Hampton Roads San Dist VA Wstr Series 2025 A, 5% 7/15/2026  | 3225000 | 3258925 |
| TOTAL VIRGINIA |  | 39509516 |
| Washington - 1.6%  |  |  |
| Escrowed/Pre-Refunded - 0.0% |  |  |
| University Wash Univ Revs Series 2020C, 5% 4/1/2026 (Escrowed to Maturity)  | 260000 | 260579 |
| Health Care - 0.4% |  |  |
| Skagit Cnty Wash Pub Hosp Dist No 1 Rev 4% 12/1/2026  | 1300000 | 1308820 |
| Washington St Health Care Facs Auth Rev (CommonSpirit Health Proj.) 5% 8/15/2026  | 115000 | 116320 |
| Washington St Health Care Facs Auth Rev (CommonSpirit Health Proj.) 5% 8/15/2027  | 50000 | 51840 |
| Washington St Health Care Facs Auth Rev (Multicare Health System, WA Proj.) 5% 8/15/2026  | 5045000 | 5099007 |
| Washington St Health Care Facs Auth Rev (Multicare Health System, WA Proj.) 5% 8/15/2029  | 2105000 | 2268393 |
| Washington St Health Care Facs Auth Rev 5% 7/1/2027  | 1250000 | 1250835 |
| Washington St Health Care Facs Auth Rev Series 2025A, 5% 3/1/2027  | 500000 | 513296 |
| Washington St Health Care Facs Auth Rev Series 2025A, 5% 3/1/2028  | 610000 | 640100 |
| TOTAL HEALTH CARE |  | 11248611 |
| Housing - 0.3% |  |  |
| Community Roots Housing Foundation Series 2024, 3.4% tender 2/1/2029 (b) | 5165000 | 5242303 |
| King Cnty Wash Hsg Auth Affordable Hsg Rev 5% 1/1/2028  | 110000 | 110128 |
| King Cnty Wash Hsg Auth Affordable Hsg Rev 5% 1/1/2028  | 65000 | 66264 |
| King Cnty Wash Hsg Auth Hsg Rev (King Cnty WA Mhsg Rev 2019 Proj.) Series 2025, 5% 1/1/2031  | 450000 | 488045 |
| King Cnty Wash Hsg Auth Hsg Rev (King Cnty WA Mhsg Rev 2019 Proj.) Series 2025, 5% 1/1/2032  | 490000 | 536314 |
| King Cnty Wash Hsg Auth Hsg Rev (King Cnty WA Mhsg Rev 2019 Proj.) Series 2025, 5% 7/1/2028  | 390000 | 407407 |
| King Cnty Wash Hsg Auth Hsg Rev (King Cnty WA Mhsg Rev 2019 Proj.) Series 2025, 5% 7/1/2030  | 350000 | 378408 |
| Seattle Wash Hsg Auth Rev Series 2023, 5% 6/1/2027  | 650000 | 657348 |
| Washington St Hsg Fin Commn Multifamily Hsg Rev Series 2023, 5% tender 12/1/2043 (b) | 805000 | 809486 |
| TOTAL HOUSING |  | 8695703 |
| Transportation - 0.2% |  |  |
| Port Seattle WA Rev Series 2018A, 5% 5/1/2026 (c) | 455000 | 456850 |
| Port Seattle WA Rev Series 2018A, 5% 5/1/2027 (c) | 2140000 | 2199754 |
| Port Seattle WA Rev Series 2019, 5% 4/1/2026 (c) | 500000 | 500995 |
| Port Seattle WA Rev Series 2019, 5% 4/1/2027 (c) | 500000 | 512979 |
| Port Seattle WA Rev Series 2021C, 5% 8/1/2027 (c) | 200000 | 206769 |
| Port Seattle WA Rev Series 2021C, 5% 8/1/2029 (c) | 645000 | 699607 |
| Port Seattle WA Rev Series 2022B, 5% 8/1/2026 (c) | 835000 | 843674 |
| Port Seattle WA Rev Series 2025 B, 5% 10/1/2028 (c) | 1930000 | 2054901 |
| Port Seattle WA Rev Series 2025 B, 5% 10/1/2029 (c) | 1000000 | 1088553 |
| TOTAL TRANSPORTATION |  | 8564082 |
| Water & Sewer - 0.7% |  |  |
| King Cnty WA Swr Rev Series 2025 B, 1.95% 1/1/2042 (Liquidity Facility Bank of America NA) VRDN (b) | 7000000 | 7000000 |
| King Cnty WA Swr Rev Series 2025, 1.8% 1/1/2065 (Liquidity Facility US Bank NA/Cincinnati OH) VRDN (b) | 15000000 | 15000000 |
| TOTAL WATER & SEWER |  | 22000000 |
| TOTAL WASHINGTON |  | 50768975 |
| West Virginia - 0.4%  |  |  |
| Electric Utilities - 0.0% |  |  |
| West Virginia Economic Dev Auth Sold Waste Disp Facs Rev (Appalachian Power Co Proj.) Series 2009A, 3.7% tender 12/1/2042 (b) | 1000000 | 1023965 |
| Health Care - 0.1% |  |  |
| West Virginia St Hosp Fin Auth Hosp Rev (West Virginia United Health Sy Stem Proj.) Series 2018 E, 2.5% 6/1/2033 VRDN (b) | 3050000 | 3050000 |
| Industrial Development - 0.2% |  |  |
| West Virginia Economic Dev Auth Sold Waste Disp Facs Rev (Appalachian Power Co Proj.) Series 2011A, 3.3% tender 1/1/2041 (b)(c) | 3980000 | 4037542 |
| West Virginia Economic Dev Auth Sold Waste Disp Facs Rev (Nucor Steel West Virginia Llc Proj.) Series 2025A 1, 2.2% 11/1/2065 (Nucor Corp Guaranteed) VRDN (b)(c) | 1500000 | 1500000 |
| TOTAL INDUSTRIAL DEVELOPMENT |  | 5537542 |
| Resource Recovery - 0.1% |  |  |
| West Virginia Economic Dev Auth Sold Waste Disp Facs Rev Series 2014A, 4.7% tender 4/1/2036 (b)(c) | 3085000 | 3095507 |
| TOTAL WEST VIRGINIA |  | 12707014 |
| Wisconsin - 1.7%  |  |  |
| Electric Utilities - 0.0% |  |  |
| Wisconsin Health & Educational Facilities Authority (Milwaukee Reg Med Center Thermal Proj.) 5% 4/1/2026  | 195000 | 195390 |
| General Obligations - 0.1% |  |  |
| City of Racine WI Gen. Oblig. 2% 12/1/2033  | 250000 | 223600 |
| Milwaukee WI Gen. Oblig. 2% 3/1/2027  | 1610000 | 1602978 |
| PMA Levy & Aid Anticipation Notes Program TRAN (Wauwatosa Wis Sch Dist Proj.) 5% 9/24/2026  | 1900000 | 1924948 |
| Racine WI Uni Sch Dist 5% 4/1/2026 (Assured Guaranty Inc Insured)  | 125000 | 125266 |
| Racine WI Uni Sch Dist 5% 4/1/2027 (Assured Guaranty Inc Insured)  | 150000 | 154363 |
| Racine WI Uni Sch Dist 5% 4/1/2028 (Assured Guaranty Inc Insured)  | 175000 | 184524 |
| Racine WI Uni Sch Dist 5% 4/1/2029 (Assured Guaranty Inc Insured)  | 250000 | 269939 |
| Wisconsin St Gen. Oblig. Series 2027 1, 5% 5/1/2030 (h) | 250000 | 268866 |
| TOTAL GENERAL OBLIGATIONS |  | 4754484 |
| Health Care - 0.9% |  |  |
| Public Fin Auth WI Hosp Rev (Renown Regional Medical Center Proj.) 5% 6/1/2026  | 515000 | 518145 |
| Public Fin Auth WI Hosp Rev (Renown Regional Medical Center Proj.) Series 2025 A, 5% 6/1/2028  | 1000000 | 1052911 |
| Univ of Wis Hosp & Clinics Auth (Uw Health Proj.) Series 2018 C, 2% 4/1/2048 (Liquidity Facility BMO Bank NA) VRDN (b) | 10000000 | 10000000 |
| Univ of Wis Hosp & Clinics Auth (Uw Health Proj.) Series 2024A, 5% 4/1/2026  | 500000 | 501045 |
| Wisconsin Health & Edl Facs Auth Health Facs Rev (Unitypoint Health Proj.) Series 2014A, 5% 12/1/2026  | 2175000 | 2177156 |
| Wisconsin Health & Educational Facilities Authority (Ascension Health Credit Group Proj.) Series 2019 A, 5% 11/15/2028  | 285000 | 304900 |
| Wisconsin Health & Educational Facilities Authority (Bellin Hosp Proj.) Series 2019 A, 5% 12/1/2026  | 200000 | 203568 |
| Wisconsin St Health & Edl Facs Auth Rev (Advocate Health Care Network Proj.) 5% tender 8/15/2054 (b) | 3825000 | 3852695 |
| Wisconsin St Health & Edl Facs Auth Rev (Froedtert Thedacare Proj.) Series 2025 B, 5% 10/1/2029  | 2190000 | 2388572 |
| Wisconsin St Health & Edl Facs Auth Rev (Mercy Alliance Inc Proj.) Series 2025A, 5% 6/1/2029  | 735000 | 789785 |
| Wisconsin St Health & Edl Facs Auth Rev (Sanford Health, SD Proj.) Series 2024 A, 5% 2/15/2027  | 790000 | 809910 |
| Wisconsin St Health & Edl Facs Auth Rev (Sanford Health, SD Proj.) Series 2024 A, 5% 2/15/2028  | 515000 | 538035 |
| Wisconsin St Health & Edl Facs Auth Rev (Sanford Health, SD Proj.) Series 2024 A, 5% 2/15/2029  | 1910000 | 2036221 |
| TOTAL HEALTH CARE |  | 25172943 |
| Housing - 0.0% |  |  |
| Wisconsin Hsg & Eda Hsg Rev (Wi Mhsg Rev 2007 Proj.) Series 2023 E, 3.875% tender 11/1/2054 (b) | 385000 | 385247 |
| Industrial Development - 0.2% |  |  |
| Wisconsin St Health & Edl Facs Auth Rev (WI Forensic Science Proj Proj.) Series 2024, 5% 8/1/2027 (f) | 5675000 | 5713058 |
| Other - 0.3% |  |  |
| Milwaukee WI Gen. Oblig. Series 2023 N3, 5% 4/1/2028 (Assured Guaranty Inc Insured)  | 1690000 | 1776691 |
| Peshtigo School District 4.75% 3/1/2027  | 2500000 | 2504252 |
| Town of Clayton WI Series 2021 B, 2% 6/1/2026  | 2000000 | 1994725 |
| Wisconsin Hsg & Economic Dev Auth Multifamily Hsg 5% tender 11/1/2058 (b) | 3250000 | 3319630 |
| Wisconsin St Health & Edl Facs Auth Rev 4% 9/15/2026  | 220000 | 220604 |
| TOTAL OTHER |  | 9815902 |
| Resource Recovery - 0.1% |  |  |
| Public Fin Auth Wis Pollutionctl Rev (Duke Energy Progress Llc Proj.) Series 2022A 1, 3.3% tender 10/1/2046 (b) | 3300000 | 3310920 |
| Public Fin Auth Wis Sld Waste (Waste Management Inc Del Proj.) Series A 3, 3% tender 9/1/2027 (b)(c) | 600000 | 600112 |
| TOTAL RESOURCE RECOVERY |  | 3911032 |
| Water & Sewer - 0.1% |  |  |
| Sharon Wis Util Sys Rev Series 2024A, 5% 12/1/2026  | 2150000 | 2162435 |
| TOTAL WISCONSIN |  | 52110491 |
| Wyoming - 0.1%  |  |  |
| Health Care - 0.1% |  |  |
| Sublette Cnty Wyo Hosp Dist Rev 5% 6/15/2026  | 2000000 | 2001021 |
| Housing - 0.0% |  |  |
| Wyoming Community Development Authority (WY Single Family Proj.) Series 2022 1, 3.5% 6/1/2052  | 930000 | 936011 |
| TOTAL WYOMING |  | 2937032 |
| <br> **TOTAL MUNICIPAL SECURITIES**<br> (Cost $2,673,218,369) |  | <br> **2688918866** |

---

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Money Market Funds - 3.9%** | &nbsp;&nbsp;**Money Market Funds - 3.9%** | &nbsp;&nbsp;**Money Market Funds - 3.9%** | &nbsp;&nbsp;**Money Market Funds - 3.9%** |
|  | Yield (%) | Shares | Value ($)<br>|
| Fidelity Investments Money Market Government Portfolio - Institutional Class (j)(k) | 3.59 | 31517529 | 31517529 |
| Fidelity Municipal Cash Central Fund (l)(m) | 1.91 | 42879689 | 42888265 |
| Fidelity SAI Municipal Money Market Fund (j)(k) | 1.81 | 44715105 | 44724048 |
| State Street Institutional U.S. Government Money Market Fund Premier Class (k) | 3.63 | 4877093 | 4877093 |
| <br> **TOTAL MONEY MARKET FUNDS**<br> (Cost $123,994,084) |  |  | **124006935** |

---

---

| | |
|:---|:---|
| <br> **TOTAL INVESTMENT IN SECURITIES - 100.3%**<br> (Cost $3,139,374,913)<br>| <br>**3156162666** |
| **NET OTHER ASSETS (LIABILITIES) - (0.3)%**  | **(9109801)** |
| **NET ASSETS - 100.0%** | **3147052865** |

---

**Security Type Abbreviations**

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| | | |
|:---|:---|:---|
| BAN | - | BOND ANTICIPATION NOTE |
| ETF | - | EXCHANGE-TRADED FUND |
| RAN | - | REVENUE ANTICIPATION NOTE |
| TAN | - | TAX ANTICIPATION NOTE |
| TRAN | - | TAX AND REVENUE ANTICIPATION NOTE |
| VRDN | - | VARIABLE RATE DEMAND NOTE (A debt instrument that is payable upon demand, either daily, weekly or monthly) |

---

**Legend**

(a) Amount is stated in United States dollars unless otherwise noted.

(b) Coupon rates for floating and adjustable rate securities reflect the rates in effect at period end.

(c) Private activity obligations whose interest is subject to the federal alternative minimum tax for individuals.

(d) Provides evidence of ownership in one or more underlying municipal bonds. Coupon rates are determined by re-marketing agents based on current market conditions.

(e) Restricted securities (including private placements) - Investment in securities not registered under the Securities Act of 1933 (excluding 144A issues). At the end of the period, the value of restricted securities (excluding 144A issues) amounted to $38,563,392 or 1.2% of net assets.

(f) Security exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration, normally to qualified institutional buyers. At the end of the period, the value of these securities amounted to $41,588,680 or 1.3% of net assets.

(g) Zero coupon bond which is issued at a discount.

(h) Security or a portion of the security purchased on a delayed delivery or when-issued basis.

(i) Coupon is indexed to a floating interest rate which may be multiplied by a specified factor and/or subject to caps or floors.

(j) Affiliated fund.

(k) The rate quoted is the annualized seven-day yield of the fund at period end.

(l) Information in this report regarding holdings by state and security types does not reflect the holdings of the Fidelity Central Fund.

(m) Affiliated fund that is generally available only to investment companies and other accounts managed by Fidelity Investments. The rate quoted is the annualized seven-day yield of the fund at period end. A complete unaudited listing of the fund's holdings as of its most recent quarter end is available upon request. In addition, each Fidelity Central Fund's financial statements are available on the SEC's website or upon request.

---

| | | |
|:---|:---|:---|
| Additional information on each restricted holding is as follows: | Additional information on each restricted holding is as follows: | Additional information on each restricted holding is as follows: |
| Security | Acquisition Date | Acquisition Cost ($)<br>|
| Arizona Ind Dev Auth Multi Fam Hsg Auth Participating VRDN Series 2023 MIZ9157, 2.11% 12/1/2063 (Liquidity Facility Mizuho Capital Markets LLC) | 12/21/2023 | 1500000 |
| Arizona Ind Dev Auth Participating VRDN Series 2023 MIZ9149, 2.11% 7/1/2040 (Liquidity Facility Mizuho Capital Markets LLC) | 9/26/2024 | 3376000 |
| California Statewide Cmntys Dev Auth Multi Fam Hsg Rev Participating VRDN Series 2025 MIZ9232, 2.16% 10/8/2028 (Liquidity Facility Mizuho Capital Markets LLC) | 10/9/2025 | 2600000 |
| California Statewide Cmntys Dev Auth Multi Fam Hsg Rev Participating VRDN Series 2025 MIZ9233, 2.16% 12/1/2027 (Liquidity Facility Mizuho Capital Markets LLC) | 10/9/2025 | 7310000 |
| El Paso TX Hsg Fin Auth Participating VRDN Series 2022 MIZ9104, 2.11% 8/1/2062 (Liquidity Facility Mizuho Capital Markets LLC) | 8/5/2022 | 1118240 |
| Metropolitan Govt Nashville & Davidson County Hlth & Edl Facs Participating VRDN Series 2024 MIZ9163, 2.11% 12/1/2062 (Liquidity Facility Mizuho Capital Markets LLC) | 1/18/2024 | 1300000 |
| Miami Dade County Hsg Multi Fam Hsg Rev Participating VRDN Series 2022 MIZ9087, 2.11% 11/1/2061 (Liquidity Facility Mizuho Capital Markets LLC) | 1/27/2022 | 920000 |
| Nat'l Fin Auth NH Specialty Bonds Series 2024 MS0023, 2.18% tender 12/15/2030 (Liquidity Facility Morgan Stanley Bank NA) | 4/16/2024 | 3945000 |
| Saint Paul Hsg & Redev Auth Rev Participating VRDN Series 2023 MIZ9145, 2.11% 6/1/2063 (Liquidity Facility Mizuho Capital Markets LLC) | 9/26/2024 | 2420000 |
| St Louis County Ind Dev Auth Multi Fam Hsg Rev Participating VRDN 2.11% 10/1/2063 (Liquidity Facility Mizuho Capital Markets LLC) | 11/17/2023 | 1700000 |
| Steele Duncan Plaza LLC Participating VRDN Series 2022 MIZ9103, 2.11% 8/1/2062 (Liquidity Facility Mizuho Capital Markets LLC) | 8/11/2022 | 1274152 |
| Texas Affordable Hsg Corp Multi Fam Hsg Rev Participating VRDN 2.11% 10/1/2062 (Liquidity Facility Mizuho Capital Markets LLC) | 1/27/2023 | 11100000 |

---

**Affiliated Central Funds**

Fiscal year to date information regarding the Fund's investments in Fidelity Central Funds, including the ownership percentage, is presented below.

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Affiliate  | Value,<br> beginning<br> of period ($) | Purchases ($) | Sales<br> Proceeds ($) | Dividend<br> Income ($) | Realized<br> Gain (loss) ($) | Change in<br> Unrealized<br> appreciation<br> (depreciation) ($) | Value,<br> end<br> of period ($) | <br>Shares,<br> end<br> of period  | % ownership,<br> end<br> of period |
| Fidelity Municipal Cash Central Fund | 70423183 | 260148222 | 287683140 | 567331 | - | - | 42888265 | 42879689 | 1.0% |
| Total | 70423183 | 260148222 | 287683140 | 567331 | - | - | 42888265 |  |  |

---

Amounts in the dividend income column in the above table include any capital gain distributions from underlying funds.

**Affiliated Underlying Funds**

Fiscal year to date information regarding the Fund's investments in affiliated underlying funds is presented below. Exchanges between classes of the same affiliated underlying funds may occur. If an underlying fund changes its name, the name presented below is the name in effect at period end.

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Affiliate  | Value,<br> beginning<br> of period ($) | Purchases ($) | Sales<br> Proceeds ($) | Dividend<br> Income ($) | Realized<br> Gain (loss) ($) | Change in<br> Unrealized<br> appreciation<br> (depreciation) ($) | Value,<br> end<br> of period ($) | <br>Shares,<br> end<br> of period |
| Fidelity Investments Money Market Government Portfolio - Institutional Class | 97567726 | 327773310 | 393823507 | 1647068 | - | - | 31517529 | 31517529 |
| Fidelity SAI Municipal Money Market Fund | 43912669 | 811379 | - | 811453 | - | - | 44724048 | 44715105 |
|  | 141480395 | 328584689 | 393823507 | 2458521 | - | - | 76241577 |  |

---

Amounts in the dividend income column in the above table include any capital gain distributions from underlying funds.

**Investment Valuation**

Investments are valued as of 4:00 p.m. Eastern time on the last calendar day of the period. Securities transactions are accounted for as of trade date. The Board of Trustees (the Board) has designated the Fund's investment adviser as the valuation designee responsible for the fair valuation function and performing fair value determinations as needed. The investment adviser has established a Fair Value Committee (the Committee) to carry out the day-to-day fair valuation responsibilities and has adopted policies and procedures to govern the fair valuation process and the activities of the Committee. In accordance with these fair valuation policies and procedures, which have been approved by the Board, the Fund attempts to obtain prices from one or more third party pricing services or brokers to value its investments. When current market prices, quotations or currency exchange rates are not readily available or reliable, investments will be fair valued in good faith by the Committee, in accordance with the policies and procedures. Factors used in determining fair value vary by investment type and may include market or investment specific events, transaction data, estimated cash flows, and market observations of comparable investments. The frequency that the fair valuation procedures are used cannot be predicted and they may be utilized to a significant extent. The Committee manages the Fund's fair valuation practices and maintains the fair valuation policies and procedures. The Fund's investment adviser reports to the Board information regarding the fair valuation process and related material matters.

The inputs to valuation techniques used to value investments are categorized into a disclosure hierarchy consisting of three levels as shown below:

Level 1 - Unadjusted quoted prices in active markets for identical investments

Level 2 - other significant observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds, etc.)

Level 3 - unobservable inputs (including the Fund's own assumptions based on the best information available)

Valuation techniques used to value investments by major category are as follows:

Debt securities, including restricted securities, are valued based on evaluated prices received from third party pricing services or from brokers who make markets in such securities. Municipal Securities are valued by pricing services who utilize matrix pricing which considers yield or price of bonds of comparable quality, coupon, maturity and type or by broker-supplied prices. When independent prices are unavailable or unreliable, debt securities may be valued utilizing pricing methodologies which consider similar factors that would be used by third party pricing services. Debt securities are generally categorized as Level 2 in the hierarchy but may be Level 3 depending on the circumstances.

Exchange-Traded Funds (ETFs) and Exchange-Traded Notes (ETNs) are valued at their last sale price or official closing price as reported by a third party pricing service on the primary market or exchange on which they are traded and are categorized as Level 1 in the hierarchy. In the event there were no sales during the day but the exchange reports a closing bid level, ETFs and ETNs are valued at the closing bid and would be categorized as Level 1 in the hierarchy. In the event there was no closing bid, ETFs and ETNs may be valued by another method that the Board believes reflects fair value in accordance with the Board's fair value pricing policies and may be categorized as Level 2 in the hierarchy.

Investments in any open-end mutual funds are valued at their closing net asset value (NAV) each business day and are categorized as Level 1 in the hierarchy. If an unaffiliated open-end mutual fund's NAV is unavailable, shares of that fund may be valued by another method that the Board believes reflects fair value in accordance with the Board's fair value pricing policies and is categorized as Level 2 in the hierarchy.

Changes in valuation techniques may result in transfers in or out of an assigned level within the disclosure hierarchy.

For additional information on the Fund's significant accounting policies, please refer to the Fund's most recent semiannual or annual shareholder report.

*The fund's schedule of investments as of the date on the cover of this report has not been audited. This report is provided for the general information of the fund's shareholders. For more information regarding the fund and its holdings, please see the fund's most recent prospectus and annual report.*

*Third party trademarks and service marks are the property of their respective owners. All other trademarks and service marks are the property of FMR LLC or an affiliate.*

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Fidelity Rutland Square Trust II

- **b. Investment Company Act file number:** 811-21991

- **c. CIK number of Registrant:** 0001364924

- **d. LEI of Registrant:** 1KZ3JN58GDRI3EZKKG06

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

  - **Street Address 1:** 245 Summer Street

  - **City:** Boston

  - **State:** MA

  - **Foreign country:** US

  - **Zip / Postal Code:** 02210

  - **Telephone number:** 1-800-FIDELITY

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

- **a. Name of Series:** Strategic Advisers Tax-Sensitive Short Duration Fund

- **b. EDGAR series identifier (if any):** S000060103

- **c. LEI of Series:** 54930086GR32D7U2PQ68

**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:** $3187130154.35

**Total Liabilities:** $37169958.99

**Net Assets:** $3149960195.36

**Delayed Delivery Securities:** $16761901.11

**Cash Not Reported:** $15231422.10

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 30257.88362310 | **1-Year:** 112777.05278640 | **5-Year:** 63007.79528090 | **10-Year:** 1371.70287140 | **30-Year:** 0.00332600

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

- **3-Month:** 1132.14733700 | **1-Year:** 548.35908750 | **5-Year:** 853.27634650 | **10-Year:** 46.48436000 | **30-Year:** 0.00000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000196739 | 0.27%                | 0.43%                | 0.43%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $310203.00               | $1108333.31                                |
| Month 2  | $-621.36                 | $6117537.44                                |
| Month 3  | $110219.65               | $3345332.48                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| BLYTHEVILLE AR INDL DEV REV                                                               | AR NUCOR 98 V7@                                                                                | CUSIP: 096490BV8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $400000.00    | 0.01%             | 2028-06-01      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| BOTETOURT CNTY IND DV AU IDR                                                              | BOTETOURT CNTY VA INDL DEV AUTH INDL DEV REV VAR-ALTEC INDS                                    | CUSIP: 101267AS1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1500000.00   | 0.05%             | 2027-01-01      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| BOX ELDER CNTY UTAH POLLUTION CTL REV                                                     | BOX ELDER CNTY UTAH POLLUTION CTL REV VAR-REF-NUCOR CORP PROJ                                  | CUSIP: 103160AE7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    660000 | PA      | $660000.00    | 0.02%             | 2028-04-01      | Variable      | 0.03%                 | No            |                  2 | On Loan: No      |
| BURKE CNTY GA DEV AUTH PCR                                                                | GA PWR - SOUTHERN CO 12-3 V1@                                                                  | CUSIP: 121342NQ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3300000 | PA      | $3300000.00   | 0.10%             | 2052-11-01      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| BURLINGTON KANS ENVR IMPRV REV                                                            | BRLNGTN KS EVERGY METRO 07A V7                                                                 | CUSIP: 121822AY6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5000000.00   | 0.16%             | 2035-09-01      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA PCF SOLID WST DISP                                                             | CAL PCR SWDR 3.125% 11/1/2040 AMT                                                              | CUSIP: 130536QW8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3100000 | PA      | $3108933.27   | 0.10%             | 2040-11-01      | Variable      | 0.03%                 | No            |                  2 | On Loan: No      |
| CHATANOOGA TN HEALTH ED and HSG FAC BRD REV                                               | CHTNOOGA TN COMNSPIRIT HLTH V7                                                                 | CUSIP: 162410CB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1500000.00   | 0.05%             | 2039-05-01      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| COLORADO EDL and CULTURAL FAC AUTH REV                                                    | CO MESIVTA GRTR LA 04 L=DB V7                                                                  | CUSIP: 196458YZ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    375000 | PA      | $375000.00    | 0.01%             | 2029-06-01      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| DECATUR AL INDL DEV BRD EXEMPT                                                            | AL NUCOR 03A V7@                                                                               | CUSIP: 242846AA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5500000 | PA      | $5500000.00   | 0.17%             | 2036-08-01      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| FEDERATED FIXED INC SECS INC                                                              | Federated Hermes Municipal Ultrashort IS                                                       | CUSIP: 31417P858<br>LEI: UIG5TTFLY6PZ0FC9OB90 | Long             | EC               | RF                | US        |   6655804 | NS      | $66957388.68  | 2.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Colchester Street Trust                                                          | FIMM MM Government Portfolio - Instl Cl                                                        | CUSIP: 31607A703<br>LEI: 549300SHPEJB1OPRCV46 | Long             | EC               | RF                | US        |  41752083 | NS      | $41752082.59  | 1.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Revere Street Trust                                                              | Fidelity Municipal Cash Central Fund                                                           | CUSIP: 31635A204<br>LEI: 549300BDV45LJNXBZC55 | Long             | STIV             | RF                | US        |  42879689 | NS      | $42888264.79  | 1.36%             |  |  |  | No            |                  1 | On Loan: No      |
| HEALTH CARE AUTH FOR BAPT HLTH ALA                                                        | HLTH BAPTIST AL 2013B V7                                                                       | CUSIP: 42219UBR2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2346000 | PA      | $2346000.00   | 0.07%             | 2042-11-01      | Variable      | 0.03%                 | No            |                  2 | On Loan: No      |
| HERTFORD CNTY NC INDL FACS and POLLUTN CTL FING AUTH INDL DEV REV                         | NC NUCOR 00 V7@                                                                                | CUSIP: 428007AC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9100000 | PA      | $9100000.00   | 0.29%             | 2033-11-01      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| HIGHLANDS CNTY FL HLTH FACS AU                                                            | HIGHLANDS FL 2012I 5 V7                                                                        | CUSIP: 431022TR3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2100000 | PA      | $2100000.00   | 0.07%             | 2035-11-15      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| ILLINOIS FIN AUTH REV                                                                     | IL FIN 5% 11/15/2026                                                                           | CUSIP: 45203H4U3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     95000 | PA      | $95160.83     | 0.00%             | 2026-11-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| INDIANA ST DEV FIN AU SOL WST                                                             | IN ST DFA SW 2.95% 10/1/2031 MT @                                                              | CUSIP: 454906AC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5041674.50   | 0.16%             | 2031-10-01      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| INDIANA ST FIN AUTH ECONOMIC DEV REV                                                      | IN FIN ECON VAR MT@                                                                            | CUSIP: 45505RBN4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2800000 | PA      | $2800000.00   | 0.09%             | 2028-05-01      | Variable      | 0.03%                 | No            |                  2 | On Loan: No      |
| INDIANA ST FIN AUTH ECONOMIC DEV REV                                                      | IN FIN ECON REP SERV 2012 MT@                                                                  | CUSIP: 45505RBT1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2300000 | PA      | $2300000.00   | 0.07%             | 2028-05-01      | Variable      | 0.03%                 | No            |                  2 | On Loan: No      |
| JEWETT ECONOMIC DEV CORP TEX I                                                            | TX NUCOR 03 V7@                                                                                | CUSIP: 477349AC8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1325000 | PA      | $1325000.00   | 0.04%             | 2038-08-01      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| KANE MCHENRY COOK DEKALB IL SD                                                            | KANE MCHENRY IL 5% 1/1/2027                                                                    | CUSIP: 484080SM9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    395000 | PA      | $395635.79    | 0.01%             | 2027-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| KENT MI HOSP FIN AUTH                                                                     | KENT MI HOSP SPECTRUM HLTH 15A OT WIN                                                          | CUSIP: 490580EG8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    965000 | PA      | $965000.00    | 0.03%             | 2047-01-15      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| KENTUCKY ECON DEV FIN AUTH                                                                | KENTUCKY ECON DEV FIN AUTH VAR-CATHOLIC HEALTH-SER C                                           | CUSIP: 49126PCJ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4280000 | PA      | $4280000.00   | 0.14%             | 2034-05-01      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| LEWISBURG TENN INDL DEV BRD SO LID WASTE DISP REV                                         | LEWSBRG TN (WSTE MGT) MT@                                                                      | CUSIP: 528236AC6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1800000 | PA      | $1800336.60   | 0.06%             | 2035-07-02      | Variable      | 0.03%                 | No            |                  2 | On Loan: No      |
| LIBERTY NY DEV CORP REV                                                                   | LIBERTY NY DEV 2015-XM0106 LIQ MORGAN STANLEY                                                  | CUSIP: 531127AM0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2200000 | PA      | $2200000.00   | 0.07%             | 2035-10-01      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| LOUISVILLE JEFF CO KY RGAPT AU                                                            | LOUISVILLE and JEFFERSON CO KY REGIONAL AIRPORT AUTH 99A UPS WORLDWIDE INC PRJ ***AMT***       | CUSIP: 546598AA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    800000 | PA      | $800000.00    | 0.03%             | 2029-01-01      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| LOUISVILLE JEFF CO KY RGAPT AU                                                            | LOUISVILLE and JEFFERSON CO KY REGIONAL AIRPORT AUTH SER B UPS WORLDWIDE INC PRJ ***AMT***     | CUSIP: 546598AB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3800000 | PA      | $3800000.00   | 0.12%             | 2029-01-01      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| LYCOMING CNTY PA AUTH REVENUE                                                             | LYCOMING PA REV 1.85% 11/1/2035                                                                | CUSIP: 550809AJ6<br>LEI: 549300TCAO8EBJY0O782 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2008417.00   | 0.06%             | 2035-11-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| MARYLAND ST TA PSNGR FAC CHRG                                                             | MD TRANS PASS 2.50% 06/01/2026 AMT                                                             | CUSIP: 57429NBL5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    670000 | PA      | $669689.52    | 0.02%             | 2026-06-01      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| MARYLAND ST TA PSNGR FAC CHRG                                                             | MD TRANS PASS 2.625% 6/1/27@                                                                   | CUSIP: 57429NBM3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    550000 | PA      | $545374.34    | 0.02%             | 2027-06-01      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| METROPOLITAN GOVT NASHVILLE and DAVIDSON CNTY TENN INDL DEV BRD EXEMPT FACS REV           | METROPOLITAN GOVT NASHVILLE and DAVIDSON CNTY TN INDL DEV WASTE MGMNT INC TENN PROJ ***AMT***@ | CUSIP: 592107AA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2005967.40   | 0.06%             | 2031-08-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| METROPOLITAN PIER and EXPOSITION AUTH ILL DEDICATED ST TAX REV                            | METROPOLITAN PIER and EXPOSITIONAUTH ILL DEDICATED ST TAX REV CAP APPREC-REF-MCCORMICK PJ      | CUSIP: 592247GA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $911287.00    | 0.03%             | 2029-06-15      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| METROPOLITAN PIER and EXPOSITION AUTH ILL DEDICATED ST TAX REV                            | MET PIER and EXPO 0% I=NATL 12/15/2029                                                         | CUSIP: 592247J35<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    575000 | PA      | $516521.93    | 0.02%             | 2029-12-15      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| METROPOLITAN PIER and EXPO ATH IL HOSPITALITY FACS REV                                    | METRO PIER and EXPO AUTH IL HOSP MCCORMICK PL CONVENTION ESCROWED TO MATURITY                  | CUSIP: 592249AC0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    575000 | PA      | $583560.89    | 0.02%             | 2026-07-01      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| MISSISSIPPI BUS FIN CORP MS SW                                                            | MISS BUS FIN WASTE MNGMT INC PROJ *******AMT******@                                            | CUSIP: 60527MAM1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5053369.00   | 0.16%             | 2027-03-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| MISSISSIPPI BUSINESS FIN CORP MISS GULF OPPORTUNITY ZONE INDL DEV REV                     | MISSISSIPPI BUSINESS FIN CORP VAR-CHEVRON USA INC-SER H                                        | CUSIP: 60528ABY9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5000000.00   | 0.16%             | 2035-11-01      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| MISSISSIPPI BUSINESS FIN CORP MISS GULF OPPORTUNITY ZONE INDL DEV REV                     | MS BFC CHEVRON 10J G=CH V1                                                                     | CUSIP: 60528ACA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9900000 | PA      | $9900000.00   | 0.31%             | 2035-11-01      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| MOBILE AL IDB POLLUTN CTL REV                                                             | MOBILE AL IDB 3.78% MT                                                                         | CUSIP: 607167DW0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    740000 | PA      | $741780.37    | 0.02%             | 2034-06-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| MOBILE AL IDB POLLUTN CTL REV                                                             | MOBILE AL IDB 3.65% MT                                                                         | CUSIP: 607167DX8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  12000000 | PA      | $12002276.40  | 0.38%             | 2034-07-15      | Variable      | 0.03%                 | No            |                  2 | On Loan: No      |
| MONROE CNTY GA DEV AUTH PCR                                                               | MONROE GA PCR 3.60% 1/1/2039 MT                                                                | CUSIP: 610530FE2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    565000 | PA      | $583407.87    | 0.02%             | 2039-01-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| MONTGOMERY CNTY MD REV                                                                    | MONTGOMERY MD CHE TRINITY HLTH 13MD MT                                                         | CUSIP: 61336PES6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  12200000 | PA      | $12200000.00  | 0.39%             | 2041-12-01      | Variable      | 0.03%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST TRANSN TR FD AUT                                                            | NJ TRANSP 0% 12/15/27                                                                          | CUSIP: 646136XE6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    145000 | PA      | $138882.20    | 0.00%             | 2027-12-15      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK CITY GO                                                                          | NEW YORK NY VAR-SUBSER C-4 FSA                                                                 | CUSIP: 64966GBC5<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |    225000 | PA      | $225000.00    | 0.01%             | 2032-01-01      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| NEW YORK CITY GO                                                                          | NEW YORK NY ARS-FISCAL 2008-SUBSER-A-2 AGM                                                     | CUSIP: 64966GMR0<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |    675000 | PA      | $675000.00    | 0.02%             | 2026-08-01      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| NEW YORK CITY GO                                                                          | NYC NY 2.50% 8/1/2026                                                                          | CUSIP: 64966GMS8<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |    625000 | PA      | $625000.00    | 0.02%             | 2026-08-01      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| NEW YORK NY CTY MUN WTR FIN AU                                                            | NYC MUNI WTR 15BB-1 Q=BA V1                                                                    | CUSIP: 64972GEK6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3800000 | PA      | $3800000.00   | 0.12%             | 2049-06-15      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST ENERGY RDA PCR                                                                | NY ST ENERGY RESH and DEV AUTH POLLN CTL REV ADJ-REF-KEYSPAN GENERATION-A/AMBAC                | CUSIP: 649845FA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $300000.00    | 0.01%             | 2028-10-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| NORTH CAROLINA EDL FACS FIN                                                               | NORTH CAROLINA EDUCATIONAL FACFIN AGY REV BD DUKE UNIVERSITYSERIES 1992A                       | CUSIP: 657903FG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1435000 | PA      | $1435000.00   | 0.05%             | 2027-06-01      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| NORTH CAROLINA CAP FACS FIN AGY SOLID WASTE DISP REV                                      | NC CAP FACS WST 6/1/38 MT@                                                                     | CUSIP: 65820AAP3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5000274.00   | 0.16%             | 2038-06-01      | Variable      | 0.03%                 | No            |                  2 | On Loan: No      |
| OK DEV FIN AUTH HEALTH SYS REV                                                            | OK DEV FIN AUTH 5% 8/15/2027                                                                   | CUSIP: 67884XBN6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1590000 | PA      | $1592155.25   | 0.05%             | 2027-08-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ECON DEV SLD WST                                                             | PA EDFA SW 3.65% MT@                                                                           | CUSIP: 708692BH0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6600000 | PA      | $6600000.00   | 0.21%             | 2044-06-01      | Variable      | 0.03%                 | No            |                  2 | On Loan: No      |
| PHOENIX ARIZONA CIVIC IMP WTR                                                             | PHX CVC WTR 5% 7/1/27                                                                          | CUSIP: 71883RNK5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $401536.36    | 0.01%             | 2027-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| PHOENIX ARIZ INDL DEV AUTH SOLID WASTE DISP REV                                           | PHX IDA SW 3.85% 12/1/2035 @                                                                   | CUSIP: 71884RAA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  35600000 | PA      | $35603663.24  | 1.13%             | 2035-12-01      | Variable      | 0.03%                 | No            |                  2 | On Loan: No      |
| PORT PORT ARTHUR TX NAV DIST E                                                            | PORT ARTHUR NAV DIST TX ENVIR VAR-REF-MOTIVA ENTERPRISES PJ ***AMT***                          | CUSIP: 735220AG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  39015000 | PA      | $39015000.00  | 1.24%             | 2027-12-01      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| PORT PORT ARTHUR TX NAV DIST E                                                            | PORT ARTHUR TX NAV DIST ENVI VAR-MOTIVA ENTERPRISES PJ-A                                       | CUSIP: 735220AT2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6605000 | PA      | $6605000.00   | 0.21%             | 2040-04-01      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| PORT PORT ARTHUR TX NAV DIST E                                                            | PRT ARTHR TX MTVA10D Q=SELF V7                                                                 | CUSIP: 735220AX3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1800000 | PA      | $1800000.00   | 0.06%             | 2040-11-01      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| ST JAMES PARISH LA REV                                                                    | LA NUCOR 10A1 V7                                                                               | CUSIP: 790103AG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9600000 | PA      | $9600000.00   | 0.30%             | 2040-11-01      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| SCAGO EDL FACS CORP FOR COLLETON SCH DIST SC INSTALLMENT PUR REV                          | SCAGO COLLETON 5% 12/1/2026                                                                    | CUSIP: 80585PBN8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $25044.17     | 0.00%             | 2026-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| STANTON CNTY NE INDL DEV REV                                                              | NE NUCOR 96 V7@                                                                                | CUSIP: 854743AD3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $700000.00    | 0.02%             | 2026-11-01      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| STATE STR INVT TR                                                                         | State Street Instl US Govt MMkt Premier                                                        | CUSIP: 857492706<br>LEI: 549300CCOK7OZZUAS108 | Long             | EC               | RF                | US        |   4891247 | NS      | $4891247.23   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| TARRANT CNTY TX CULTURAL ED FACS FIN CORP HOSP REV                                        | TARRANT MTHDT HLTH 08B L=TD V1                                                                 | CUSIP: 87638QBF5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10000000.00  | 0.32%             | 2041-10-01      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| TENNESSEE ENGY ACQ CRP GAS REV                                                            | TENNESSEE ENERGY ACQUISITION CORP GAS REV JR-SER B                                             | CUSIP: 880443BT2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2024979.00   | 0.06%             | 2026-09-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| TENNESSEE HSG DEV AGY                                                                     | TN HDA SFM 3.50% 7/1/2045                                                                      | CUSIP: 88045RB76<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     60000 | PA      | $60021.58     | 0.00%             | 2045-07-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| TEXAS MUN GAS ACQUISITION and SUPPLY CORP I GAS SUPPLY REV                                | TX MUN GAS ACQ and SUPPLY CORP IGAS SUPPLY REV SR LIEN-SER A                                   | CUSIP: 88256CAT6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $510414.95    | 0.02%             | 2026-12-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| TEXAS STATE                                                                               | TX ST 5% 8/1/2026 AMT                                                                          | CUSIP: 882723F53<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7875000 | PA      | $7889730.19   | 0.25%             | 2026-08-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| TOBACCO SETLEMENT FING CORP RI                                                            | RI TOBACCO 5% 6/1/2026                                                                         | CUSIP: 888809AY6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $75134.66     | 0.00%             | 2026-06-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| TOBACCO SETLEMENT FING CORP RI                                                            | RI TOBACCO 5% 6/1/2027                                                                         | CUSIP: 888809AZ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $20036.86     | 0.00%             | 2027-06-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| UNIVERSITY MI UNIV REVS                                                                   | UNIV OF MICHIGAN MI VARIABLE-GEN-SER A                                                         | CUSIP: 914455LP3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2000000.00   | 0.06%             | 2036-04-01      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| VANGUARD MUN BD FD INC                                                                    | Vanguard Ultra Short-Term Tx-Ex Adm                                                            | CUSIP: 922907803<br>LEI: GGTVB4H7PGEDHLTPA045 | Long             | EC               | RF                | US        |  12893328 | NS      | $205648579.73 | 6.53%             |  |  |  | No            |                  1 | On Loan: No      |
| WALKER CNTY AL ECONOMIC and INDL DEV AUTH SOLID WASTE DISP REV                            | AL PWR - SOUTHERN CO 07 V1@                                                                    | CUSIP: 931542AA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $600000.00    | 0.02%             | 2036-12-01      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| WISCONSIN HEALTH and EDL FACS AUTH HEALTH FACS REV                                        | WI HLTH and EDL 5% 12/1/2026                                                                   | CUSIP: 97670FBB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2175000 | PA      | $2177155.86   | 0.07%             | 2026-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST                                                                               | IL ST 5% 1/1/2030                                                                              | CUSIP: 452152A76<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3005808.00   | 0.10%             | 2030-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| FLORIDA ST MUN PWR AGY REV                                                                | FL MUNI PWR 5% 10/1/2028                                                                       | CUSIP: 342816J22<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1405000 | PA      | $1427071.99   | 0.05%             | 2028-10-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA STWD CMNTY DEV AUTH STUDENT HSG REV                                            | CA STWD STUDENT 5% 5/15/2026                                                                   | CUSIP: 13078RFY1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2511530.75   | 0.08%             | 2026-05-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| NY MTA DEDICATED TAX FUND                                                                 | NY MTA DED 5% 11/15/2026                                                                       | CUSIP: 59259N2T9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1055000 | PA      | $1076375.99   | 0.03%             | 2026-11-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST URBAN DEV CORP REV                                                            | NYS UDC 5% 3/15/2029                                                                           | CUSIP: 650035U30<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    420000 | PA      | $420451.58    | 0.01%             | 2029-03-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| HAWAII ST                                                                                 | HI ST 4% 4/1/2029                                                                              | CUSIP: 419792HW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6000000 | PA      | $6009427.80   | 0.19%             | 2029-04-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| STAFFORD CNTY VA ECONOMIC DEV AUTH HOSP FACS REV                                          | STAFFORD EDA HO 5% 6/15/26                                                                     | CUSIP: 852431BA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     35000 | PA      | $35211.44     | 0.00%             | 2026-06-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| PORTAGE MI PUB SCHS                                                                       | PORTAGE MI PUB 5% 11/1/2028                                                                    | CUSIP: 735779MN7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $20081.61     | 0.00%             | 2028-11-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| PORT AUTH NY and NJ                                                                       | PORT NY NJ 5% 10/1/2026 AMT                                                                    | CUSIP: 73358WZZ0<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |    525000 | PA      | $532430.80    | 0.02%             | 2026-10-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST DEV FIN AGY REV                                                          | MASS MA SER I 5% 7/1/26                                                                        | CUSIP: 57584XNE7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $20143.23     | 0.00%             | 2026-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CHICAGO IL MET WATER RECL DIST                                                            | CHICAGO MET WAT 5% 12/1/2027                                                                   | CUSIP: 167560SW2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3035000 | PA      | $3094680.24   | 0.10%             | 2027-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| NORTH CAROLINA ST                                                                         | NC ST 2% 6/1/2030                                                                              | CUSIP: 6582562R2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    170000 | PA      | $165987.37    | 0.01%             | 2030-06-01      | Fixed         | 0.02%                 | No            |                  2 | On Loan: No      |
| LAKELAND FL HOSP SYS REV                                                                  | LAKELND MED CTR 5% 11/15/2026                                                                  | CUSIP: 511665JZ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1526219.85   | 0.05%             | 2026-11-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| ILLINOIS FIN AUTH RV                                                                      | ILLINOIS FIN AT 5% 5/15/2026                                                                   | CUSIP: 45204ELS5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $20089.70     | 0.00%             | 2026-05-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| ILLINOIS FIN AUTH RV                                                                      | ILLINOIS FIN AT 5% 5/15/2027                                                                   | CUSIP: 45204ELT3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    140000 | PA      | $140610.22    | 0.00%             | 2027-05-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| NEWARK HIGHER ED FIN CORP TEX REV                                                         | NEWARK HGR EDU TX 5% 4/1/26                                                                    | CUSIP: 650348AA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     55000 | PA      | $55095.02     | 0.00%             | 2026-04-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| ILLINOIS HOUSING DEV AUTH                                                                 | IL HDA 2.90% 8/1/2031                                                                          | CUSIP: 45201YM79<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     40000 | PA      | $40000.25     | 0.00%             | 2031-08-01      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST                                                                               | IL ST 5% 2/1/27                                                                                | CUSIP: 452152G88<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3380000 | PA      | $3460173.94   | 0.11%             | 2027-02-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| METROPOLITAN TRANSN AUTH NY RV                                                            | NY MTA TRANSP 5% 11/15/2027                                                                    | CUSIP: 59261AJM0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1070000 | PA      | $1088476.97   | 0.03%             | 2027-11-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST TRANSN TR FD AUT                                                            | NJ TRANSP 5% 6/15/27                                                                           | CUSIP: 6461362B6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     90000 | PA      | $90662.18     | 0.00%             | 2027-06-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| SEMINOLE CNTY FL SCH BRD CTFS                                                             | SEMINOLE FL SCH 5% 7/1/26                                                                      | CUSIP: 816692MS3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $25224.94     | 0.00%             | 2026-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| INDIANA ST FIN AUTH REV                                                                   | IN FIN REV 5% 9/1/26                                                                           | CUSIP: 45506DZZ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    205000 | PA      | $207619.35    | 0.01%             | 2026-09-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ECONOM DEV AUTH REV                                                            | NJ EDA REV 5% 6/15/2026                                                                        | CUSIP: 64577BSZ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3375000 | PA      | $3401544.71   | 0.11%             | 2026-06-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CA DEPT ARPTS REV                                                             | LA CA AIRPT 5% 5/15/26@                                                                        | CUSIP: 544445BQ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    135000 | PA      | $135727.66    | 0.00%             | 2026-05-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| METROPOLITAN GOVT NASHVILLE and DAVIDSON CNTY TN                                          | MET NASH TN 4% 7/1/2028                                                                        | CUSIP: 592112SL1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1440000 | PA      | $1471805.71   | 0.05%             | 2028-07-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| BALTIMORE MD PROJ REV                                                                     | BALT MD WTR 5% 7/1/2028                                                                        | CUSIP: 05922KYJ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2044060.40   | 0.06%             | 2028-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| BALTIMORE MD PROJ REV                                                                     | BALT MD WTR 5% 7/1/2029                                                                        | CUSIP: 05922KYK9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1021516.70   | 0.03%             | 2029-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| BALTIMORE MD PROJ REV                                                                     | BALT MD WTR 5% 7/1/2029                                                                        | CUSIP: 05922KZG7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    755000 | PA      | $771245.11    | 0.02%             | 2029-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| NEW YORK CITY GO                                                                          | NYC NY 5% 08/01/26                                                                             | CUSIP: 64966MJK6<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |    220000 | PA      | $222638.15    | 0.01%             | 2026-08-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| BAY AREA TOLL AU CA BRIDGE REV                                                            | BATA CA 2.95% SER A 4/1/47 MT                                                                  | CUSIP: 072024UJ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $100010.82    | 0.00%             | 2047-04-01      | Variable      | 0.03%                 | No            |                  2 | On Loan: No      |
| NY MTA DEDICATED TAX FUND                                                                 | NY MTA DED 3% 11/15/2030                                                                       | CUSIP: 59259N6F5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    425000 | PA      | $426930.31    | 0.01%             | 2030-11-15      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| HOUSTON TX INDPT SCH DIST                                                                 | HOUSTON TX ISD 5% 2/15/2027                                                                    | CUSIP: 442403MA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3015000 | PA      | $3098663.84   | 0.10%             | 2027-02-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ED LN AUTH ED LN                                                            | MA ED LN AUTH 5% 7/1/2026@                                                                     | CUSIP: 57563RPD5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1007005.10   | 0.03%             | 2026-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| METROPOLITAN WASH DC ARPTS ATH                                                            | MTRO WA DC ARPT 5% 10/1/2026@                                                                  | CUSIP: 592647EC1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    145000 | PA      | $147237.92    | 0.00%             | 2026-10-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CHICAGO IL OHARE INTL ARPT REV                                                            | CHIC IL OHARE SER D 5% 1/1/27@                                                                 | CUSIP: 167593E32<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     85000 | PA      | $86694.58     | 0.00%             | 2027-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| PORT OAKLAND CALIF REV                                                                    | PORT OAKLAND CA 5% 11/1/2026                                                                   | CUSIP: 735000SB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3910000 | PA      | $3977930.78   | 0.13%             | 2026-11-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST TPK COMMN TPK                                                             | PA TPK 5% 6/1/2029                                                                             | CUSIP: 709224XD6<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |    690000 | PA      | $713814.87    | 0.02%             | 2029-06-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST TPK COMMN TPK                                                             | PA TPK 5% 6/1/2028                                                                             | CUSIP: 709224XC8<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |    410000 | PA      | $424152.50    | 0.01%             | 2028-06-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CHICAGO IL TRAN AUTH CAP GRNT RCPTS REV                                                   | CHICAGO IL TRNST 5% 6/1/26                                                                     | CUSIP: 167723GY5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2750000 | PA      | $2765219.05   | 0.09%             | 2026-06-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CHICAGO IL TRAN AUTH CAP GRNT RCPTS REV                                                   | CTA TRNST GARVE 5% 6/1/2026                                                                    | CUSIP: 167723GP4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2011068.40   | 0.06%             | 2026-06-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| READING PA SCH DIST                                                                       | READING PA SD 5% 3/1/2027                                                                      | CUSIP: 755638YY3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |      5000 | PA      | $5119.98      | 0.00%             | 2027-03-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| READING PA SCH DIST                                                                       | READING PA SD 5% 3/1/2028                                                                      | CUSIP: 755638YZ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |      5000 | PA      | $5131.68      | 0.00%             | 2028-03-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| NEW YORK CITY GO                                                                          | NYC NY 5% 8/1/2026                                                                             | CUSIP: 64966MPD5<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |    565000 | PA      | $571775.25    | 0.02%             | 2026-08-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| ILLINOIS FIN AUTH RV                                                                      | IL FIN ATH SER C 5% 8/1/26                                                                     | CUSIP: 45204EWQ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     35000 | PA      | $35300.99     | 0.00%             | 2026-08-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WASHINGTON ST HEALTH CARE FACS AUTH REV                                                   | WA ST HLTH CAR 5% 8/15/2026                                                                    | CUSIP: 93978HSE6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    115000 | PA      | $116319.77    | 0.00%             | 2026-08-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WASHINGTON ST HEALTH CARE FACS AUTH REV                                                   | WA ST HLTH CAR 5% 8/15/2027                                                                    | CUSIP: 93978HSF3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $51840.49     | 0.00%             | 2027-08-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| METROPOLITAN TRANSN AUTH NY RV                                                            | NY MTA TRANSP 5% 11/15/2027                                                                    | CUSIP: 59261ANK9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1185000 | PA      | $1241123.38   | 0.04%             | 2027-11-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST                                                                               | IL ST 5% 11/1/2029                                                                             | CUSIP: 452152P21<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1041027.80   | 0.03%             | 2029-11-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST                                                                               | IL ST 5% 11/1/2026                                                                             | CUSIP: 452152Q61<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1755000 | PA      | $1785299.37   | 0.06%             | 2026-11-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST                                                                               | IL ST 3.25% 11/1/2026                                                                          | CUSIP: 452152Q53<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4910000 | PA      | $4939200.26   | 0.16%             | 2026-11-01      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| SOUTH DAKOTA HSG DEV AUTH                                                                 | SD HDA 4% 11/1/2047                                                                            | CUSIP: 83756CTC9<br>LEI: 549300G853EK61667C18 | Long             | DBT              | MUN               | US        |    180000 | PA      | $180498.46    | 0.01%             | 2047-11-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA STWD CMNTY DEV AUTH STUDENT HSG REV                                            | CA STWD STUDENT 5% 05/15/27                                                                    | CUSIP: 13078RGT1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    405000 | PA      | $416300.96    | 0.01%             | 2027-05-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA MUN FIN AUTH SOLID WASTE DISP REV                                              | CA ST MFA SW 2% 12/1/2044 AMT                                                                  | CUSIP: 13048RAF4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5900000 | PA      | $5918826.90   | 0.19%             | 2044-12-01      | Variable      | 0.03%                 | No            |                  2 | On Loan: No      |
| METROPOLITAN TRANSN AUTH NY RV                                                            | NY MTA TRANSP 5% 11/15/2028                                                                    | CUSIP: 59261APY7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    660000 | PA      | $696485.72    | 0.02%             | 2028-11-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| DENVER CO CITY and CNTY ARPT                                                              | DENVER CO ARPT 5% 11/15/30 @                                                                   | CUSIP: 249182KQ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2530000 | PA      | $2631133.97   | 0.08%             | 2030-11-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| Fidelity Salem Street Trust                                                               | Fidelity Sai Municipal Money Market Fund                                                       | CUSIP: 31635V174<br>LEI: S4W85DGKOEJ24DPRB829 | Long             | EC               | RF                | US        |  44638342 | NS      | $44647269.57  | 1.42%             |  |  |  | No            |                  1 | On Loan: No      |
| PENNSYLVANIA ST HIGHER EDL REV                                                            | PA HEFA 5% 5/1/2028                                                                            | CUSIP: 70917SU43<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1600000 | PA      | $1643837.12   | 0.05%             | 2028-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| SOUTH MIAMI FL HLTH FCS HSP RV                                                            | SOUTH MIAMI FL 5% 8/15/27                                                                      | CUSIP: 838810DQ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    505000 | PA      | $523956.59    | 0.02%             | 2027-08-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| PHILADELPHIA PA AIRPORT REV                                                               | PHIL PA AIRPORT 5% 7/1/2026 @                                                                  | CUSIP: 717817TY6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3360000 | PA      | $3386422.37   | 0.11%             | 2026-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| JEA FL ELEC SYS REV                                                                       | JEA FL ELEC SYS 5% 10/1/2027                                                                   | CUSIP: 46613SFU9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    885000 | PA      | $921793.43    | 0.03%             | 2027-10-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| RAILSPLITTER TOB SETTLEMENT AUTH ILL TOB SETTLEMENT REV                                   | RAILSPLITTER IL 5% 6/1/26                                                                      | CUSIP: 75076PAY1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    940000 | PA      | $946583.76    | 0.03%             | 2026-06-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| RAILSPLITTER TOB SETTLEMENT AUTH ILL TOB SETTLEMENT REV                                   | RAILSPLITTER IL 5% 6/1/28                                                                      | CUSIP: 75076PAZ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2385000 | PA      | $2401704.54   | 0.08%             | 2027-06-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| RAILSPLITTER TOB SETTLEMENT AUTH ILL TOB SETTLEMENT REV                                   | RAILSPLITTER IL 5% 6/1/2028                                                                    | CUSIP: 75076PBA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4545000 | PA      | $4576833.18   | 0.15%             | 2028-06-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| BUTLER CNTY OH HOSP FACS REV                                                              | BUTLER OH HSP 5% 11/15/2027                                                                    | CUSIP: 123550HL2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1040000 | PA      | $1076768.37   | 0.03%             | 2027-11-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| PHILADELPHIA PA AUTH FOR INDL DEV REVS                                                    | PA THO JFFRSN U 17B RFLOAT7                                                                    | CUSIP: 71781XCR2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7895000 | PA      | $7895000.00   | 0.25%             | 2050-09-01      | Variable      | 0.03%                 | No            |                  2 | On Loan: No      |
| CASTAIC LAKE WTR AGY CA CTFS                                                              | CASTAIC LK WTR 0% 8/1/2028                                                                     | CUSIP: 14837KBA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    225000 | PA      | $213284.99    | 0.01%             | 2028-08-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| PORT AUTH NY and NJ                                                                       | PORT NY NJ 5% 9/15/26@                                                                         | CUSIP: 73358WR63<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |   1205000 | PA      | $1220755.74   | 0.04%             | 2026-09-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| RALEIGH DURHAM NC ARPT AUTH ARPT REV                                                      | RALEIGH NC ARPT 5% 5/1/2027@                                                                   | CUSIP: 751073LA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    745000 | PA      | $765802.11    | 0.02%             | 2027-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| PORT AUTH NY and NJ                                                                       | PORT NY NJ 5% 9/15/2029@                                                                       | CUSIP: 73358WR97<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |    250000 | PA      | $261489.55    | 0.01%             | 2029-09-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| TOBACCO SETTLEMENT FIN CORP NJ                                                            | NJ TOBACCO 5% 06/01/26                                                                         | CUSIP: 888808HB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9265000 | PA      | $9317700.25   | 0.30%             | 2026-06-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| TOBACCO SETTLEMENT FIN CORP NJ                                                            | NJ TOBACCO 5% 06/01/27                                                                         | CUSIP: 888808HC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1340000 | PA      | $1379797.73   | 0.04%             | 2027-06-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST                                                                               | IL ST 6% 5/1/2026                                                                              | CUSIP: 452152W72<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    880000 | PA      | $885148.09    | 0.03%             | 2026-05-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| NEW YORK TRANSPORTATION DEVELOPMENT CORP                                                  | NY TRANS CORP 5% 1/1/2027 @                                                                    | CUSIP: 650116CF1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5085610.00   | 0.16%             | 2027-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| NEW YORK TRANSPORTATION DEVELOPMENT CORP                                                  | NY TRANS CORP 5% 1/1/2029 @                                                                    | CUSIP: 650116CH7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3900000 | PA      | $4046207.88   | 0.13%             | 2029-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WIS SLD WASTE                                                             | PFA WI SD WSTE 1.53% SER A-3 MT@                                                               | CUSIP: 74445MAG4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $600112.20    | 0.02%             | 2027-09-01      | Variable      | 0.03%                 | No            |                  2 | On Loan: No      |
| MONTGOMERY CNTY PA HIGHER ED and HEALTH AUTH REV                                          | PA THO JFFRSN U 18D RFLOAT V7                                                                  | CUSIP: 613603ZL6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6700000 | PA      | $6700000.00   | 0.21%             | 2050-09-01      | Variable      | 0.03%                 | No            |                  2 | On Loan: No      |
| NORFOLK VA ECONOMIC DEV AUTH HOSP FACS REV                                                | NORFOLK VA 5%/VAR MT                                                                           | CUSIP: 65588TAS8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $319988.73    | 0.01%             | 2048-11-01      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| HIGHER ED STUDENT ASSISTANCE AUTH NJ STUDENT LN REV                                       | NJ STUD LOAN SER B 5% 12/1/2027@                                                               | CUSIP: 646080TU5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1245000 | PA      | $1291933.64   | 0.04%             | 2027-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST                                                                           | PA ST 5% 3/1/2028                                                                              | CUSIP: 70914PL83<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1215000 | PA      | $1284735.78   | 0.04%             | 2028-03-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST                                                                           | PA ST 3.2% 3/1/2029                                                                            | CUSIP: 70914PL91<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    640000 | PA      | $647770.88    | 0.02%             | 2029-03-01      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST                                                                           | PA ST 3.35% 3/1/2030                                                                           | CUSIP: 70914PM25<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    950000 | PA      | $964250.57    | 0.03%             | 2030-03-01      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| CHICAGO IL BRD ED                                                                         | CHICAGO IL BOE 5% 12/1/2026                                                                    | CUSIP: 167505UB0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2035088.20   | 0.06%             | 2026-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| METROPOLITAN WASH DC ARPTS ATH                                                            | MTRO WA DC ARPT 5% 10/1/2026 @                                                                 | CUSIP: 592647EZ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    325000 | PA      | $330016.02    | 0.01%             | 2026-10-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| METROPOLITAN WASH DC ARPTS ATH                                                            | MTRO WA DC ARPT 5% 10/1/2027 @                                                                 | CUSIP: 592647FA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1585000 | PA      | $1645875.57   | 0.05%             | 2027-10-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| PORT SEATTLE WA REV                                                                       | PORT SEATTLE 5% 5/1/2026 @                                                                     | CUSIP: 735389C55<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    455000 | PA      | $456850.08    | 0.01%             | 2026-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| PORT SEATTLE WA REV                                                                       | PORT SEATTLE 5% 5/1/2027 @                                                                     | CUSIP: 735389C63<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2140000 | PA      | $2199753.72   | 0.07%             | 2027-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| HOUSTON TX ARPT SYS REV                                                                   | HOUSTON TX ARPT 5% 7/1/2027 @                                                                  | CUSIP: 442349CC8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2380000 | PA      | $2455846.32   | 0.08%             | 2027-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WEST VIRGINIA ST HOSP FIN AUTH HOSP REV                                                   | WV UNIV HLTH 18E RFLOAT V7                                                                     | CUSIP: 956622P32<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3050000 | PA      | $3050000.00   | 0.10%             | 2033-06-01      | Variable      | 0.03%                 | No            |                  2 | On Loan: No      |
| DENVER CO CITY and CNTY ARPT                                                              | DENVER CO ARPT 5% 12/1/2027 @                                                                  | CUSIP: 249182LA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2315000 | PA      | $2411462.81   | 0.08%             | 2027-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| DENVER CO CITY and CNTY ARPT                                                              | DENVER CO ARPT 5% 12/1/2029@                                                                   | CUSIP: 249182LC8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    185000 | PA      | $197934.46    | 0.01%             | 2029-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CLEVELAND OH ARPT SYS REV                                                                 | CLEVELAND ARPT 5% 1/1/2027 @                                                                   | CUSIP: 186352RN2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2990000 | PA      | $3049609.24   | 0.10%             | 2027-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA PCF SOLID WST DISP                                                             | CAL PCR SWDR 4% MT @                                                                           | CUSIP: 130536RC1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2300000 | PA      | $2300401.58   | 0.07%             | 2042-11-01      | Variable      | 0.03%                 | No            |                  2 | On Loan: No      |
| J P MORGAN EXCHANGE-TRADED FD TR                                                          | JPMorgan Ultra-Short Municipal Inc ETF                                                         | CUSIP: 46641Q654<br>LEI: 549300IQ1GP3T78IEG61 | Long             | EC               | RF                | US        |   1378669 | NS      | $70491345.97  | 2.24%             |  |  |  | No            |                  1 | On Loan: No      |
| CONNECTICUT ST SPL TAX OBLIG                                                              | CT SPEC TAX 5% 10/1/2031                                                                       | CUSIP: 207758YF4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $534667.55    | 0.02%             | 2031-10-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| SALT LAKE CITY UT ARPT REV                                                                | SLT LAKE U 5% 7/1/2026 @                                                                       | CUSIP: 795576GW1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2016860.80   | 0.06%             | 2026-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WISCONSIN ST HEALTH and EDL FACS AUTH REV                                                 | WISCONSIN ST HT 5% 4/1/2026                                                                    | CUSIP: 97712DS64<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |    195000 | PA      | $195389.79    | 0.01%             | 2026-04-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| ATRIUM HEALTH                                                                             | ATRIUM HEALTH 5% MT                                                                            | CUSIP: 160853TK3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3075000 | PA      | $2931915.95   | 0.09%             | 2048-01-15      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| UNIVWRISYT WIS HSP and CLNCS AUTH                                                         | UNIV WI HOSP 18C Q=BMO V1                                                                      | CUSIP: 915260CN1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10000000.00  | 0.32%             | 2048-04-01      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| GREATER ORLANDO AVIATION AUTH                                                             | GT ORLANDO ARPT 5% 10/1/2031 @                                                                 | CUSIP: 392274Q41<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    625000 | PA      | $633838.94    | 0.02%             | 2031-10-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| NORTH CAROLINA TPK AUTH TRIANGLE EXPWY SYS REV                                            | NC TPK TRIANGLE 5% 1/1/2027                                                                    | CUSIP: 65830RBV0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2460000 | PA      | $2507796.32   | 0.08%             | 2027-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| DIRECTOR ST NV DPT BUS and IND SOLID WASTE DISP REV                                       | NV SLD WST 3.95% @ MT                                                                          | CUSIP: 25459JAF8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5100000 | PA      | $5104892.43   | 0.16%             | 2026-12-01      | Variable      | 0.03%                 | No            |                  2 | On Loan: No      |
| NEW YORK CITY GO                                                                          | NEW YK 5% 8/1/2026                                                                             | CUSIP: 64966QBK5<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |    260000 | PA      | $263117.82    | 0.01%             | 2026-08-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| BURKE CNTY GA DEV AUTH PCR                                                                | GA PWR - SOUTHERN CO 18-1 V1                                                                   | CUSIP: 121342PQ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1460000 | PA      | $1460000.00   | 0.05%             | 2052-11-01      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| TENDER OPT BD TR RCPTS / CTFS VAR STS                                                     | DENVER CO ARPT 2018-XM0715-MST Q=MO D7                                                         | CUSIP: 88034NE34<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1935000 | PA      | $1935000.00   | 0.06%             | 2043-12-01      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| BAY AREA TOLL AU CA BRIDGE REV                                                            | BATA CA 2.625% 4/1/2045                                                                        | CUSIP: 072024VU3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    290000 | PA      | $289985.96    | 0.01%             | 2045-04-01      | Variable      | 0.03%                 | No            |                  2 | On Loan: No      |
| MIAMI CNTY OH HOSP FACS REV                                                               | MIAMI OH HSP 5% 8/1/2026                                                                       | CUSIP: 593328EZ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    535000 | PA      | $540157.72    | 0.02%             | 2026-08-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| NEBRASKA INVT FIN AUTH SFH REV                                                            | NE IFA SFH 4% 9/1/2049@                                                                        | CUSIP: 63968MTQ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     35000 | PA      | $35194.63     | 0.00%             | 2049-09-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| RHODE ISLAND ST STUDENT LN                                                                | RI STUD LN 5% 12/1/2026 @                                                                      | CUSIP: 762315QY8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    570000 | PA      | $580349.72    | 0.02%             | 2026-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| RHODE ISLAND ST STUDENT LN                                                                | RI STUD LN 5% 12/1/2028 @                                                                      | CUSIP: 762315RA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    490000 | PA      | $516320.60    | 0.02%             | 2028-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| NEW MEXICO MTG FIN AUTH                                                                   | NM MFA 4% 1/1/2050                                                                             | CUSIP: 647201FY3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    175000 | PA      | $177178.21    | 0.01%             | 2050-01-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| JACKSONVILLE FLA HEALTH CARE FACS REV                                                     | JCKSNVL FL BAPTIST HLTH 19D V7                                                                 | CUSIP: 469400DZ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    180000 | PA      | $180000.00    | 0.01%             | 2036-08-01      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| JACKSONVILLE FLA HEALTH CARE FACS REV                                                     | JCKSNVL FL BAPTIST HLTH 19E V7                                                                 | CUSIP: 469400EA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    690000 | PA      | $690000.00    | 0.02%             | 2036-08-01      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| COLORADO HSG FIN AUTH                                                                     | CO HFA 4.25% 11/1/2049                                                                         | CUSIP: 1964794J5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     45000 | PA      | $45665.07     | 0.00%             | 2049-11-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| MARYLAND ST CMNTY DEV ADMIN DEPT HSG and CMNTY DEV                                        | MARYLAND ST CMN 4% 9/1/2049                                                                    | CUSIP: 57419R7Y5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     70000 | PA      | $71405.49     | 0.00%             | 2049-09-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| PEFA INC IOWA GAS PROJ REV                                                                | PEFA INC IOWA G 5% 9/1/2049                                                                    | CUSIP: 70556CAB0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7000000 | PA      | $7081069.80   | 0.22%             | 2049-09-01      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| MARICOPA CNTY AZ IDA REV                                                                  | MARICOPA IDA 5% MT                                                                             | CUSIP: 56682HCT4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9600000 | PA      | $9652258.56   | 0.31%             | 2046-01-01      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| SOUTH CAROLINA HSG FIN DEV AUT                                                            | SC HSG DEV AUT 4% 1/1/2050                                                                     | CUSIP: 83712DC79<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $50816.07     | 0.00%             | 2050-01-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| METROPOLITAN WASH DC ARPTS ATH                                                            | MTRO WA DC ARPT 5% 10/1/2027 @                                                                 | CUSIP: 592647FY2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1785000 | PA      | $1853557.03   | 0.06%             | 2027-10-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| RHODE ISLAND HSG and MTG FIN CP                                                           | RI HSG 4% 10/1/2049                                                                            | CUSIP: 76221RB44<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $30281.04     | 0.00%             | 2049-10-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST                                                                           | PA ST 5% 7/15/2026                                                                             | CUSIP: 70914PP97<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1650000 | PA      | $1667855.64   | 0.05%             | 2026-07-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| COLORADO HSG FIN AUTH                                                                     | CO HFA 4.25% 11/1/2049                                                                         | CUSIP: 1964795U9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $30525.71     | 0.00%             | 2049-11-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| NATIONAL FIN AUTH N H SOLID WASTE DISP REV                                                | NATIONAL FN AT 2.15% MT@                                                                       | CUSIP: 63608RAF1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2100000 | PA      | $2101408.89   | 0.07%             | 2033-07-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| MONTGOMERY CNTY PA HIGHER ED and HEALTH AUTH REV                                          | MONT PA HR ED 5% 9/1/2026                                                                      | CUSIP: 613603ZV4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1265847.25   | 0.04%             | 2026-09-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| SCIOTO CNTY OH HSP FACS REV                                                               | SCIOTO OH HSP 5% 2/15/2029                                                                     | CUSIP: 808878HD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $311203.47    | 0.01%             | 2029-02-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WHITING IND ENVIRONMENTAL FACS                                                            | WHITING IN ENV 5% MT@                                                                          | CUSIP: 96634RAU6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  24500000 | PA      | $24655263.85  | 0.78%             | 2044-12-01      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| IDAHO HSG and FIN ASSN                                                                    | ID HFA 4% 1/1/2050                                                                             | CUSIP: 45129YN44<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $20261.12     | 0.00%             | 2050-01-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| OHIO ST HSG FIN AGY RESIDENTIA L MTG REV                                                  | OH HFA RES MTG 4.50% 3/1/2050                                                                  | CUSIP: 67756QZW0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $25348.38     | 0.00%             | 2050-03-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| MISSOURI ST HSG DEV COM SF MTG                                                            | MO ST HSG 4% 5/1/2050                                                                          | CUSIP: 60637BVE7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     40000 | PA      | $40500.80     | 0.00%             | 2050-05-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| MONTANA ST BRD HSG SINGLE FAMILY MTG                                                      | MONTANA ST 4% 6/1/2050                                                                         | CUSIP: 61212WGR0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $20380.26     | 0.00%             | 2050-06-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| PORT SEATTLE WA REV                                                                       | PORT SEATTLE 5% 4/1/2026 @                                                                     | CUSIP: 735389G44<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $500995.35    | 0.02%             | 2026-04-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| PORT SEATTLE WA REV                                                                       | PORT SEATTLE 5% 4/1/2027 @                                                                     | CUSIP: 735389G51<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $512978.65    | 0.02%             | 2027-04-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| BATTERY PK CITY AUTH NY REV                                                               | BATTERY PARK NY 19D1 Q=TD V1                                                                   | CUSIP: 07133AJB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    800000 | PA      | $800000.00    | 0.03%             | 2038-11-01      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| COLORADO HEALTH FACS AUTH CO                                                              | COLORADO HEALTH 5% MT                                                                          | CUSIP: 19648FJJ4<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |    340000 | PA      | $340366.93    | 0.01%             | 2049-08-01      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ECON DEV SLD WST                                                             | PA EDFA SW 1.75% 8/1/2038 MT @                                                                 | CUSIP: 708692BP2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4012640.40   | 0.13%             | 2038-08-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| CARROLL CNTY KY POLLUTION CTLREV                                                          | CARRO KY 1.55% MT                                                                              | CUSIP: 144838AE9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $494815.60    | 0.02%             | 2042-09-01      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT ST HEALTH and EDL FACS AUTH REVENUE                                           | CONN ST HEALTH 5% 7/1/2026                                                                     | CUSIP: 20775DCD2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    260000 | PA      | $261732.30    | 0.01%             | 2026-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WISCONSIN ST HEALTH and EDL FACS AUTH REV                                                 | WISCONSIN ST HT 5% 12/1/2026                                                                   | CUSIP: 97712DW85<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |    200000 | PA      | $203568.64    | 0.01%             | 2026-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST MTG AGY HOMEOWNERMTG REV                                                      | NEW YORK ST MTG 3.50% 10/1/2032@                                                               | CUSIP: 64988YCS4<br>LEI: 549300ZQWNLLIG564027 | Long             | DBT              | MUN               | US        |     20000 | PA      | $19996.94     | 0.00%             | 2032-10-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| ST JOHN BAPTIST PARISH LA REV                                                             | ST JOHN BAP REV 4.05% MT                                                                       | CUSIP: 79020FAW6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4145000 | PA      | $4164745.12   | 0.13%             | 2037-06-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| CLEVELAND OH ARPT SYS REV                                                                 | CLEVELAND ARPT 5% 1/1/2027 @                                                                   | CUSIP: 186352SZ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $356977.67    | 0.01%             | 2027-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| SOUTH CAROLINA ST PORTS AUTH                                                              | SC PORT AUTH 5% 7/1/2026@                                                                      | CUSIP: 837123JS8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    185000 | PA      | $186517.07    | 0.01%             | 2026-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST P ATH SPL FAC                                                            | MA PORT SPL 5% 7/1/2027 @                                                                      | CUSIP: 575898DC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    285000 | PA      | $293855.06    | 0.01%             | 2027-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WISCONSIN ST HEALTH and EDL FACS AUTH REV                                                 | WISCONSIN ST HT 5% 11/15/2028                                                                  | CUSIP: 97712D3B0<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |    285000 | PA      | $304899.84    | 0.01%             | 2028-11-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| BROWARD CO FL ARPT                                                                        | BROW CO FL ARPT 5% 10/1/2026 @                                                                 | CUSIP: 114894YB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1013921.50   | 0.03%             | 2026-10-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| BROWARD CO FL ARPT                                                                        | BROW CO FL ARPT 5% 10/1/2027 @                                                                 | CUSIP: 114894YC6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1297219.25   | 0.04%             | 2027-10-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| HARRIS CNTY TX CULTURAL ED FACS FIN CORP REV                                              | HARRIS TX CED 5% MT                                                                            | CUSIP: 414009MP2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1475000 | PA      | $1502378.51   | 0.05%             | 2049-07-01      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| CLARK COUNTY NV MCCARRAN AIR                                                              | CLARK CO NV PFC 5% 7/1/2027                                                                    | CUSIP: 181006HL4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    275000 | PA      | $285121.79    | 0.01%             | 2027-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| SAN ANTONIO TX ARPT SYS REV                                                               | SAN ANT TX ARPT 5% 7/1/2026 @                                                                  | CUSIP: 796242TK1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $504165.20    | 0.02%             | 2026-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MAIN STR NAT GAS INC GA GAS SUPPLY REV                                                    | MAIN STR NAT GA 4% 3/1/2050                                                                    | CUSIP: 56035DCR1<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   4055000 | PA      | $4078984.51   | 0.13%             | 2050-03-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| OHIO ST HIGHER EDL FAC COMMN                                                              | OH HI ED COM 1.625% MT                                                                         | CUSIP: 67756DVP8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    605000 | PA      | $598131.07    | 0.02%             | 2034-12-01      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| METRO NASHVLL ARPT TN                                                                     | MET NASH AIR TN 5% 7/1/2026 @                                                                  | CUSIP: 592190NR9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1695000 | PA      | $1708555.08   | 0.05%             | 2026-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| VOLUSIA CNTY FL EDL FAC ATH RV                                                            | VOLUSIA CNTY FL 5% 10/15/2026                                                                  | CUSIP: 928836MW2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $762953.78    | 0.02%             | 2026-10-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| VOLUSIA CNTY FL EDL FAC ATH RV                                                            | VOLUSIA CNTY FL 5% 10/15/2027                                                                  | CUSIP: 928836MX0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    165000 | PA      | $171837.22    | 0.01%             | 2027-10-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MONTANA ST BRD HSG SINGLE FAMILY MTG                                                      | MONTANA ST 3.50% 6/1/2050                                                                      | CUSIP: 61212WHY4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    190000 | PA      | $190735.34    | 0.01%             | 2050-06-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| KENTUCKY INC KY PUB ENERGY AUTH GAS SUPPLY REV                                            | KENTUCKY INC KY 4% 2/1/2050 MT                                                                 | CUSIP: 74440DCM4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8000000 | PA      | $8194581.60   | 0.26%             | 2050-02-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| HOUSTON TX HOTEL OCC TX and SPL RV                                                        | HOUSTON TX HOTS 5% 9/1/2027                                                                    | CUSIP: 44237NHM7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1215000 | PA      | $1217405.21   | 0.04%             | 2027-09-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CHICAGO IL                                                                                | CHICAGO IL 5% 1/1/27                                                                           | CUSIP: 167486F87<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3600000 | PA      | $3643934.76   | 0.12%             | 2027-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| RALEIGH DURHAM NC ARPT AUTH ARPT REV                                                      | RALEIGH NC ARPT 5% 5/1/2027 @                                                                  | CUSIP: 751073LV7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    130000 | PA      | $133629.90    | 0.00%             | 2027-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| KENTUCKY INC KY PUB ENERGY AUTH GAS SUPPLY REV                                            | KENTUCKY INC KY 4% MT                                                                          | CUSIP: 74440DCZ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    325000 | PA      | $327060.50    | 0.01%             | 2050-12-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| LOUISVILLE and JEFFERSON CNTY KY METRO GOVT HEALTH SYS REV                                | LOUIS/JEFF HLTH 5% MT                                                                          | CUSIP: 54659LCD4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2015000 | PA      | $2042419.92   | 0.06%             | 2047-10-01      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| NORTHERN IL UNIV REVS                                                                     | N IL UNIV 5% 4/1/2026                                                                          | CUSIP: 665245YC4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    650000 | PA      | $651171.04    | 0.02%             | 2026-04-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| PORT PORTLAND OR ARPT REV                                                                 | PORTLND OR ARPT 5% 7/1/2026 @                                                                  | CUSIP: 735240V67<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1150000 | PA      | $1159196.67   | 0.04%             | 2026-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WAYNE CNTY MICH ARPT AUTH REV                                                             | WAYNE CO MI AAR 4% 12/1/2026 @                                                                 | CUSIP: 944514YL6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3795000 | PA      | $3836528.31   | 0.12%             | 2026-12-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| DISTRICT COLUMBIA REV                                                                     | DC WA REV 5% 7/1/2027                                                                          | CUSIP: 25483VTB0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $514202.15    | 0.02%             | 2027-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| LOWER COLO RIV AUTH TX REV                                                                | LCRA TX 5% 5/15/2026                                                                           | CUSIP: 54811BUK5<br>LEI: 549300QJFPW2NNBYR215 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1257242.38   | 0.04%             | 2026-05-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MISSION TX ECONIMC DEV CORP SOLID WASTE DISP REV                                          | MISSION TX EDC 5/1/50 MT@                                                                      | CUSIP: 605155BQ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000187.00   | 0.03%             | 2050-05-01      | Variable      | 0.03%                 | No            |                  2 | On Loan: No      |
| RHODE ISLAND ST STUDENT LN                                                                | RI STUD LN 5% 12/1/2027 @                                                                      | CUSIP: 762315RF8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1035442.40   | 0.03%             | 2027-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| VERMONT ST STUD ASSIT CORP                                                                | VT STUD LN 5% 6/15/2027 @                                                                      | CUSIP: 92428CMD3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    665000 | PA      | $679558.18    | 0.02%             | 2027-06-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| TAMPA FL HOSP REV                                                                         | TAMPA FL HOSP 5% 7/1/2026                                                                      | CUSIP: 875161CM1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    175000 | PA      | $176428.65    | 0.01%             | 2026-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| TAMPA FL HOSP REV                                                                         | TAMPA FL HOSP 5% 7/1/2027                                                                      | CUSIP: 875161CN9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $154959.96    | 0.00%             | 2027-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| GEISINGER AUTH PA HLTH SYS REV                                                            | GEISINGER PA 5% 4/1/2043 MT                                                                    | CUSIP: 368497JX2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7975000 | PA      | $8073626.83   | 0.26%             | 2043-04-01      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| HARRIS CNTY TX CULTURAL ED FACS FIN CORP REV                                              | HARRIS TX CED 5% MT                                                                            | CUSIP: 414009PP9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6165000 | PA      | $6279432.88   | 0.20%             | 2032-06-01      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| MEADE CNTY KY INDL BLDG REV                                                               | KY NUCOR 20A1 V1@                                                                              | CUSIP: 583022AB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6820000 | PA      | $6820000.00   | 0.22%             | 2060-07-01      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| MEADE CNTY KY INDL BLDG REV                                                               | KY NUCOR 20B1 V1@                                                                              | CUSIP: 583022AC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7000000 | PA      | $7000000.00   | 0.22%             | 2060-07-01      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| NEWARK NJ                                                                                 | NEWARK NJ 5% 10/1/2027                                                                         | CUSIP: 650367PP4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2200000 | PA      | $2291463.90   | 0.07%             | 2027-10-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| ST JOHN BAPTIST PARISH LA REV                                                             | ST JOHN BAP REV 0% 6/1/2037 MT                                                                 | CUSIP: 79020FBA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2497833.00   | 0.08%             | 2037-06-01      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| MISSION TX ECONIMC DEV CORP SOLID WASTE DISP REV                                          | MISSION TX EDC 5/1/2046 MT@                                                                    | CUSIP: 605155BR0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6600000 | PA      | $6600000.00   | 0.21%             | 2046-05-01      | Variable      | 0.03%                 | No            |                  2 | On Loan: No      |
| ILLINOIS FIN AUTHRV                                                                       | ILLINOIS FN RV 5% MT                                                                           | CUSIP: 45204FEH4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3012443.40   | 0.10%             | 2050-05-15      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WI HOSP REV                                                               | PUBLIC FIN WIS 5% 6/1/2026                                                                     | CUSIP: 74442CCL6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    515000 | PA      | $518145.16    | 0.02%             | 2026-06-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA MUN FIN AUTH SOLID WASTE DISP REV                                              | CA ST MFA SW 0% 10/1/2045 MT @                                                                 | CUSIP: 13048RAH0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3400000 | PA      | $3400000.00   | 0.11%             | 2045-10-01      | Variable      | 0.03%                 | No            |                  2 | On Loan: No      |
| PHILADELPHIA PA AIRPORT REV                                                               | PHIL PA AIRPORT 5% 7/1/2028 @                                                                  | CUSIP: 717817WG1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    460000 | PA      | $485338.82    | 0.02%             | 2028-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| OK DEV FIN AUTH HEALTH SYS REV                                                            | OK INTEGRIS HLTH 20B V7                                                                        | CUSIP: 67884XCU9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5735000 | PA      | $5735000.00   | 0.18%             | 2031-08-15      | Variable      | 0.03%                 | No            |                  2 | On Loan: No      |
| OK DEV FIN AUTH HEALTH SYS REV                                                            | OK DEV FIN AUTH .34% 8/15/2031                                                                 | CUSIP: 67884XCT2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6320000 | PA      | $6320000.00   | 0.20%             | 2031-08-15      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST                                                                               | IL ST 5% 10/1/2028                                                                             | CUSIP: 4521526S5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1030000 | PA      | $1097350.67   | 0.03%             | 2028-10-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MONROE CNTY N Y INDL DEV CORP                                                             | MONROE NY IDC 5% 12/1/2028                                                                     | CUSIP: 61075TWB0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1058874.30   | 0.03%             | 2028-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| EL PASO TX WTR and SWR REV                                                                | EL PASO TX W and S 5% 3/1/2030                                                                 | CUSIP: 283822PM0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1027148.50   | 0.03%             | 2030-03-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| FREDERICK CNTY MD SPL OBLIG                                                               | FREDERICK MD OB 5% 7/1/2027                                                                    | CUSIP: 35571LBP2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    980000 | PA      | $1013058.24   | 0.03%             | 2027-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| GEORGIA MUN ELEC AUTH PWR REV                                                             | GA MEAG 5% 11/1/2026                                                                           | CUSIP: 6262076H2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    870000 | PA      | $886392.02    | 0.03%             | 2026-11-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MONROE CNTY N Y INDL DEV CORP                                                             | MONROE NY IDC 5% 12/1/2026                                                                     | CUSIP: 61075TRE0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $355380.34    | 0.01%             | 2026-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| NEW YORK TRANSPORTATION DEVELOPMENT CORP                                                  | NY TRANS CORP 5% 12/1/2027 @                                                                   | CUSIP: 650116DG8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1025000 | PA      | $1064709.22   | 0.03%             | 2027-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ECONOMIC DEV AUTH REV                                                          | NEW JERSEY ECN 5% 6/15/2026                                                                    | CUSIP: 64577XCB0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    555000 | PA      | $559365.13    | 0.02%             | 2026-06-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA INFRASTRUCTURE and ECONNOMIC DEV BK REV                                        | CALIFORNIA INFR 1.2% MT                                                                        | CUSIP: 13034AN30<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |    395000 | PA      | $377225.95    | 0.01%             | 2050-12-01      | Variable      | 0.01%                 | No            |                  2 | On Loan: No      |
| RHODE ISLAND ST STUDENT LN                                                                | RI STUD LN 4% 12/1/2026 @                                                                      | CUSIP: 762315QH5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    145000 | PA      | $145102.23    | 0.00%             | 2026-12-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| LANSING MICH BRD WTR and LT UTIL SYS REV                                                  | LANSING MI WTR 2% MT                                                                           | CUSIP: 516391DV8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $999342.90    | 0.03%             | 2051-07-01      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CA DEPT ARPTS REV                                                             | LA CA AIRPT 5% 5/15/2027 @                                                                     | CUSIP: 544445SG5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1340783.21   | 0.04%             | 2027-05-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| LOWER COLO RIV AUTH TX REV                                                                | LCRA TX 5% 5/15/2026                                                                           | CUSIP: 54811BWE7<br>LEI: 549300QJFPW2NNBYR215 | Long             | DBT              | MUN               | US        |   3160000 | PA      | $3178308.72   | 0.10%             | 2026-05-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ECONOM DEV AUTH REV                                                            | NJ EDA REV 5.25% 9/1/26                                                                        | CUSIP: 64577B6K5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1510000 | PA      | $1532662.38   | 0.05%             | 2026-09-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| UNIVERSITY SOUTH AL UNIV REV                                                              | UNIV SOUTH AL 4% 4/1/2026                                                                      | CUSIP: 914845TK8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $500687.60    | 0.02%             | 2026-04-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| TEXAS A and M UNIVERSITY REVS                                                             | TX A and M UNIV 5% 5/15/2026                                                                   | CUSIP: 88213AQR9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    725000 | PA      | $729206.52    | 0.02%             | 2026-05-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MISSOURI ST HEFA EDL FACS REV                                                             | MO HEFA EDL 0% 5/1/2051 MT                                                                     | CUSIP: 60637ATQ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9135000 | PA      | $9158962.93   | 0.29%             | 2051-05-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| MISSOURI ST HEFA EDL FACS REV                                                             | MO HEFA EDL 0% 5/1/2052 MT                                                                     | CUSIP: 60637ATR3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  11500000 | PA      | $12138047.60  | 0.39%             | 2052-05-01      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| NEW YORK CITY GO                                                                          | NYC GO FY21-2 Q=SELF V8+                                                                       | CUSIP: 64966QWQ9<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2000000.00   | 0.06%             | 2042-04-01      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| CENTRAL TX REGL MOBILITY AUTH REV                                                         | CTR TX RMA 5% 1/1/2027                                                                         | CUSIP: 155498LY2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4190000 | PA      | $4213124.61   | 0.13%             | 2027-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV                                               | NYC TFA (PIT) 5% 11/1/2027                                                                     | CUSIP: 64971XZA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    775000 | PA      | $812663.61    | 0.03%             | 2027-11-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| SOUTHCENTRAL PA GEN AUTH REV                                                              | SOUTHCENTRAL PA 5% 5/1/2026                                                                    | CUSIP: 84129NMW6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    320000 | PA      | $321141.25    | 0.01%             | 2026-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| NY PAYROLL MOBILITY TX                                                                    | TRIBOROUGH BRID 2% MT                                                                          | CUSIP: 89602HAD9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1285000 | PA      | $1284005.54   | 0.04%             | 2045-05-15      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| NY PAYROLL MOBILITY TX                                                                    | TRIBOROUGH BRID 2% MT                                                                          | CUSIP: 89602HAE7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    450000 | PA      | $437917.41    | 0.01%             | 2045-05-15      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| PORT AUTH NY and NJ                                                                       | PORT NY NJ 3% 10/1/2027 @                                                                      | CUSIP: 73358XCP5<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3526638.15   | 0.11%             | 2027-10-01      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| HIGHER ED STUDENT ASSISTANCE AUTH NJ STUDENT LN REV                                       | NJ STUD LOAN 5% 12/1/2026 @                                                                    | CUSIP: 646080VT5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1425000 | PA      | $1448531.31   | 0.05%             | 2026-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CLAYTON TOWN WI                                                                           | CLAYTON TOWN WI 2% 6/1/2026                                                                    | CUSIP: 184423BY6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1994724.60   | 0.06%             | 2026-06-01      | Fixed         | 0.02%                 | No            |                  2 | On Loan: No      |
| ATRIUM HEALTH                                                                             | ATRIUM HEALTH 5% MT                                                                            | CUSIP: 160853VF1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4555000 | PA      | $4599573.41   | 0.15%             | 2050-01-15      | Variable      | 0.03%                 | No            |                  2 | On Loan: No      |
| ATRIUM HEALTH                                                                             | ATRIUM HEALTH 5% 1/15/2050 MT                                                                  | CUSIP: 160853VE4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1095000 | PA      | $1171681.86   | 0.04%             | 2050-01-15      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| HOUSTON TX UTIL SYS REV                                                                   | HOUSTON TX UTIL 5% 11/15/2027                                                                  | CUSIP: 44244CJ32<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1047910.80   | 0.03%             | 2027-11-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ECON DEV SLD WST                                                             | PA EDFA SW SIFMA+40 MT @                                                                       | CUSIP: 708692BT4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8800000 | PA      | $8806165.28   | 0.28%             | 2041-06-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| METROPOLITAN WASH DC ARPTS ATH                                                            | MTRO WA DC ARPT 5% 10/1/2026 @                                                                 | CUSIP: 592647JV4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    920000 | PA      | $934199.19    | 0.03%             | 2026-10-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| FORT BEND TX INDPT SCH DIST                                                               | FT BEND TX ISD 0.72% MT                                                                        | CUSIP: 346843SZ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2030000 | PA      | $2008204.30   | 0.06%             | 2051-08-01      | Variable      | 0.01%                 | No            |                  2 | On Loan: No      |
| HOUSTON TX ARPT SYS REV                                                                   | HOUSTON TX ARPT 5% 7/1/2026 @                                                                  | CUSIP: 442349FF8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1260246.25   | 0.04%             | 2026-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| LEE CNTY FL AIRPORT                                                                       | LEE FL AIRPORT 5% 10/1/2027 @                                                                  | CUSIP: 523470GF3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1450000 | PA      | $1505461.49   | 0.05%             | 2027-10-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| PORT SEATTLE WA REV                                                                       | PORT SEATTLE 5% 8/1/2027 @                                                                     | CUSIP: 735389P36<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $206769.80    | 0.01%             | 2027-08-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| PORT SEATTLE WA REV                                                                       | PORT SEATTLE 5% 8/1/2029 @                                                                     | CUSIP: 735389P51<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    645000 | PA      | $699606.93    | 0.02%             | 2029-08-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| NORTHERN TOB SECURITIZATION AK                                                            | NORTHN TOBAC AK 5% 6/1/2026                                                                    | CUSIP: 66585VBG9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1005897.80   | 0.03%             | 2026-06-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA MUN FIN AUTH SOLID WASTE DISP REV                                              | CA SOLID WASTE REPUBLIC SEVICES 21B MT@                                                        | CUSIP: 13048RAK3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $500270.45    | 0.02%             | 2051-07-01      | Variable      | 0.03%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA MUN FIN AUTH SOLID WASTE DISP REV                                              | CA SOLID WASTE REPUBLIC SEVICES 21A MT@                                                        | CUSIP: 13048RAJ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6900000 | PA      | $6901869.90   | 0.22%             | 2041-07-01      | Variable      | 0.03%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ED LN AUTH ED LN                                                            | MA ED LN AUTH 5% 7/1/2026 @                                                                    | CUSIP: 57563RSC4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2390000 | PA      | $2406742.19   | 0.08%             | 2026-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| PHILADELPHIA PA AIRPORT REV                                                               | PHIL PA AIRPORT 5% 7/1/2028 @                                                                  | CUSIP: 717817XJ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3170000 | PA      | $3344617.55   | 0.11%             | 2028-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MIAMI-DADE CO FL IDA SLD WASTE DISP REV                                                   | MIAMI-DADE SLW 4.50% 11/1/2048 MT @                                                            | CUSIP: 59333GAN8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3800000 | PA      | $3802538.02   | 0.12%             | 2048-11-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| MISSION TX ECONIMC DEV CORP SOLID WASTE DISP REV                                          | MISSION TX EDC .83% 11/1/2048 MT@                                                              | CUSIP: 605155BP4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4002671.60   | 0.13%             | 2048-11-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| NEWARK NJ BD OF ED BD                                                                     | NEWARK NJ BD OF 5% 7/15/2026                                                                   | CUSIP: 650370DF3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $303133.50    | 0.01%             | 2026-07-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| HOUSTON TX HOTEL OCC TX and SPL RV                                                        | HOUSTON TX HOTS 4% 9/1/2026                                                                    | CUSIP: 44237NLJ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    275000 | PA      | $277402.54    | 0.01%             | 2026-09-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| HONOLULU HI CITY and CNTY                                                                 | HONOLULU HI 5% 11/1/2026 Q                                                                     | CUSIP: 438687UF0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    815000 | PA      | $830769.68    | 0.03%             | 2026-11-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| GOOSE CREEK TX CONS INDPT SCH                                                             | GOOSE CREEK ISD 0% 2/15/2035                                                                   | CUSIP: 3826043G9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $495614.20    | 0.02%             | 2035-02-15      | Variable      | 0.01%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT ST HEALTH and EDL FACS AUTH REVENUE                                           | CONN ST HEALTH 5% 7/1/2026                                                                     | CUSIP: 20775DNW8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $201332.54    | 0.01%             | 2026-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| FLORIDA ST MUN PWR AGY REV                                                                | FL MUNI PWR 5% 10/1/2026                                                                       | CUSIP: 342816S71<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $304579.50    | 0.01%             | 2026-10-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MAIN STR NAT GAS INC GA GAS SUPPLY REV                                                    | MAIN STR NAT GA 4% 12/1/2026                                                                   | CUSIP: 56035DCW0<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   2200000 | PA      | $2219908.90   | 0.07%             | 2026-12-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| MAIN STR NAT GAS INC GA GAS SUPPLY REV                                                    | MAIN STR NAT GA 4% 12/1/2027                                                                   | CUSIP: 56035DCX8<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   3235000 | PA      | $3302341.05   | 0.10%             | 2027-12-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| MAIN STR NAT GAS INC GA GAS SUPPLY REV                                                    | MAIN STR NAT GA 4% MT                                                                          | CUSIP: 56035DCZ3<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   1980000 | PA      | $2038639.48   | 0.06%             | 2052-05-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| LOVE FIELD TX ARPT MOD REV                                                                | LOVE FLD MOD TX 5% 11/1/2026 @                                                                 | CUSIP: 54714CBS5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    405000 | PA      | $411443.35    | 0.01%             | 2026-11-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| LOVE FIELD TX ARPT MOD REV                                                                | LOVE FLD MOD TX 5% 11/1/2027 @                                                                 | CUSIP: 54714CBT3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    415000 | PA      | $431483.51    | 0.01%             | 2027-11-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| LONG ISLAND PWR AUTH NY ELEC                                                              | LIPA NY 1.5% MT                                                                                | CUSIP: 542691EX4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    470000 | PA      | $466973.01    | 0.01%             | 2051-09-01      | Variable      | 0.01%                 | No            |                  2 | On Loan: No      |
| NY PAYROLL MOBILITY TX                                                                    | NY PAYROLL MOBI 5% 5/15/2051 MT                                                                | CUSIP: 89602HBG1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4305000 | PA      | $4327548.30   | 0.14%             | 2051-05-15      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| WEST HAVEN CT                                                                             | W HAVEN CT 4% 9/15/2026                                                                        | CUSIP: 953140U40<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    255000 | PA      | $256917.32    | 0.01%             | 2026-09-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| KALAMAZOO MI HFA HOSP FAC REV                                                             | KALAMAZOO HFA H 5% 5/15/2026                                                                   | CUSIP: 483233RB0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     15000 | PA      | $15079.31     | 0.00%             | 2026-05-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| SAN ANTONIO TX WTR REV                                                                    | SAN ANTONIO WTR 1% MT                                                                          | CUSIP: 79642GNB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4250000 | PA      | $4198718.23   | 0.13%             | 2043-05-01      | Variable      | 0.01%                 | No            |                  2 | On Loan: No      |
| WISCONSIN ST HEALTH and EDL FACSAUTH REV                                                  | WISCONSIN ST H 4% 9/15/2026                                                                    | CUSIP: 97712JBZ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    220000 | PA      | $220604.36    | 0.01%             | 2026-09-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| GREATER ORLANDO AVIATION AUTH                                                             | GT ORLANDO ARPT 5% 10/1/2026 @                                                                 | CUSIP: 3922744T0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10145.03     | 0.00%             | 2026-10-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| OHIO ST HOSP REV                                                                          | OHIO ST HOSP RE                                                                                | CUSIP: 67756CFG8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3000000.00   | 0.10%             | 2049-01-15      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| GREATER ORLANDO AVIATION AUTH                                                             | GT ORLANDO ARPT 5% 10/1/2032 @                                                                 | CUSIP: 392274Q58<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $507071.15    | 0.02%             | 2032-10-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| INDIANA ST HSG and CMNTY DEV SF                                                           | IN HSG CDA 3% 1/1/2052                                                                         | CUSIP: 45505TVC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $594979.26    | 0.02%             | 2052-01-01      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| IDAHO HEALTH FACS AUTH REV                                                                | ID HLTH REV 5% 3/1/2032                                                                        | CUSIP: 451295B99<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    505000 | PA      | $576232.72    | 0.02%             | 2032-03-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA HSG FIN AGY SINGLE FAMILY MTG REV FOR ISSUES DATED PRIOR TO 12/20/2017 SEE 7 | PENNSYLVANIA H7 5% 10/1/2026                                                                   | CUSIP: 70879QPG2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    280000 | PA      | $284212.26    | 0.01%             | 2026-10-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MISSOURI ST HSG DEV COM SF MTG                                                            | MO ST HSG 3.25% 11/1/2052                                                                      | CUSIP: 60637BN30<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $75012.62     | 0.00%             | 2052-11-01      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| COOK CNTY IL                                                                              | COOK CY IL 4% 11/15/2026                                                                       | CUSIP: 213185MD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    235000 | PA      | $237628.66    | 0.01%             | 2026-11-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| TENNESSEE HSG DEV AGY RESIDENTIAL FIN PROG REV                                            | TENNESSEE HSG D 3% 1/1/2052                                                                    | CUSIP: 8804616V5<br>LEI: 25490004PSQYQLFJGI76 | Long             | DBT              | MUN               | US        |    160000 | PA      | $158795.97    | 0.01%             | 2052-01-01      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| EAST DOWNTOWN REDEV AUTH TEX TAX INCREMENT CONTRACT REV                                   | EAST DOWNTOWN 5% 9/1/2026                                                                      | CUSIP: 272066AE1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $302257.20    | 0.01%             | 2026-09-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| JACKSON TN HOSP REV                                                                       | JACKSON TN HOSP 5% 4/1/2027                                                                    | CUSIP: 46874TGS5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5750000 | PA      | $5755672.95   | 0.18%             | 2027-04-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| ANDREWS CNTY TEX HOSP DIST                                                                | ANDREWS CNTY TX 5% 3/15/2026                                                                   | CUSIP: 034451BY9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1430000 | PA      | $1431156.16   | 0.05%             | 2026-03-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MAINE HEALTH and HIGHER EDL FACS AUTH REV                                                 | ME ST HEALTH 5% 7/1/2026                                                                       | CUSIP: 56042RX31<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    975000 | PA      | $982472.40    | 0.03%             | 2026-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ECON DEV SLD WST                                                             | PA EDFA SW 4% MT @                                                                             | CUSIP: 708692BV9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2100000 | PA      | $2101135.89   | 0.07%             | 2049-04-01      | Variable      | 0.03%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST HSG FIN AGY                                                                   | NYS HFA J-2 1.1% MT                                                                            | CUSIP: 64987JRC7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    510000 | PA      | $497672.54    | 0.02%             | 2061-11-01      | Variable      | 0.01%                 | No            |                  2 | On Loan: No      |
| BLACK BELT ENERGY GAS DIST ALAGAS PROJ REV                                                | BLACK BELT ENE 0% MT                                                                           | CUSIP: 09182TAN7<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   2350000 | PA      | $2345432.31   | 0.07%             | 2052-10-01      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| BLACK BELT ENERGY GAS DIST ALAGAS PROJ REV                                                | BLACK BELT ENE 0% 10/1/2052                                                                    | CUSIP: 09182TAM9<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |  11350000 | PA      | $11453849.10  | 0.36%             | 2052-10-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| ALASKA HSG FIN CORP MTG REV                                                               | AK HSG FIN CORP 3% 6/1/2051                                                                    | CUSIP: 01170RLZ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    310000 | PA      | $309329.59    | 0.01%             | 2051-06-01      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| SUFFOLK CNTY NY                                                                           | SUFFOLK CNTY NY 5% 10/1/2026 Q                                                                 | CUSIP: 86476PM62<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    175000 | PA      | $178017.46    | 0.01%             | 2026-10-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CHICAGO IL                                                                                | CHICAGO IL 4% 1/1/2030                                                                         | CUSIP: 167486H85<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1652000 | PA      | $1687488.92   | 0.05%             | 2030-01-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| MONTANA ST BRD HSG SINGLE FAMILY MTG                                                      | MONTANA ST 3% 6/1/2052                                                                         | CUSIP: 61212WQM0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    165000 | PA      | $164697.29    | 0.01%             | 2052-06-01      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| RHODE ISLAND HSG and MTG FIN CP                                                           | RI HSG 5% 4/1/2027                                                                             | CUSIP: 76221RT60<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     35000 | PA      | $35962.63     | 0.00%             | 2027-04-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| RHODE ISLAND HSG and MTG FIN CP                                                           | RI HSG 5% 4/1/2028                                                                             | CUSIP: 76221RT86<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $263110.60    | 0.01%             | 2028-04-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| RHODE ISLAND HSG and MTG FIN CP                                                           | RI HSG 5% 4/1/2029                                                                             | CUSIP: 76221RU27<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $321290.73    | 0.01%             | 2029-04-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MAIN STR NAT GAS INC GA GAS SUPPLY REV                                                    | MAIN STR NAT GA 0% 8/1/2052                                                                    | CUSIP: 56035DDP4<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   6000000 | PA      | $6050772.60   | 0.19%             | 2052-08-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| MIZUHO FLOATER / RESIDUAL TR VAR STS                                                      | MIAMI-DADE CNTY FL MFH SUPERIOR MANOR APTS 2022-MIZ9087 MZ/MZ D35                              | CUSIP: 60700HKP3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    920000 | PA      | $920000.00    | 0.03%             | 2061-11-01      | Variable      | 0.02%                 | Yes           |                  2 | On Loan: No      |
| SAN ANTONIO TX ELEC and GAS REV                                                           | SAN ANTONIO E and G 2% MT                                                                      | CUSIP: 79625GEY5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1555000 | PA      | $1533948.88   | 0.05%             | 2049-02-01      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CA DEPT ARPTS REV                                                             | LA CA AIRPT 5% 5/15/2026 @                                                                     | CUSIP: 544445XP9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1205000 | PA      | $1211495.07   | 0.04%             | 2026-05-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CA DEPT ARPTS REV                                                             | LA CA AIRPT 5% 5/15/2027 @                                                                     | CUSIP: 544445XQ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    440000 | PA      | $453803.55    | 0.01%             | 2027-05-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| JACKSONVILLE FLA SPL REV                                                                  | JACKSONVILLE F 5% 10/1/2026                                                                    | CUSIP: 469487TB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     65000 | PA      | $66105.58     | 0.00%             | 2026-10-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| JACKSONVILLE FLA SPL REV                                                                  | JACKSONVILLE F 5% 10/1/2027                                                                    | CUSIP: 469487TC6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     55000 | PA      | $57540.44     | 0.00%             | 2027-10-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CLIFTON TEX HIGHER ED FIN CORP ED REV                                                     | CLIFTON TEX HIG 5% 8/15/2026                                                                   | CUSIP: 187145NN3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    475000 | PA      | $479587.98    | 0.02%             | 2026-08-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| SALEM OR HOSP FAC AUTH REV                                                                | SALEM OR OHC 5% 5/15/2026                                                                      | CUSIP: 794458GB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    135000 | PA      | $135444.96    | 0.00%             | 2026-05-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| NEW YORK NY CTY MUN WTR FIN AU                                                            | NYC WTR VAR 6/15/2033                                                                          | CUSIP: 64972GZW7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2000000.00   | 0.06%             | 2033-06-15      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| BUILT LEARN MD STADIUM AUTH                                                               | MARYLAND ST STA 5% 6/1/2026                                                                    | CUSIP: 574294BB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    850000 | PA      | $855810.69    | 0.03%             | 2026-06-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| HILLSBOROUGH CNTY FL AVIATION                                                             | HILLSB FL AVIAT 5% 10/1/2027 @                                                                 | CUSIP: 432308M76<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    535000 | PA      | $555294.32    | 0.02%             | 2027-10-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| LOWER COLO RIV AUTH TX REV                                                                | LCRA TX 5% 5/15/2026                                                                           | CUSIP: 54811BXZ9<br>LEI: 549300QJFPW2NNBYR215 | Long             | DBT              | MUN               | US        |    700000 | PA      | $704055.73    | 0.02%             | 2026-05-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST DORM AUTH REVS NONST SUPPORTED DEBT                                           | NEW YORK DORM 5% 7/1/2026                                                                      | CUSIP: 65000BKW7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $201546.12    | 0.01%             | 2026-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST DORM AUTH REVS NONST SUPPORTED DEBT                                           | NEW YORK DORM 5% 7/1/2027                                                                      | CUSIP: 65000BKX5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $515535.20    | 0.02%             | 2027-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| FORT WAYNE IN REDEV AUTH LEASE RENT REV                                                   | FT WAYNE IN RDA 4% 8/1/2026                                                                    | CUSIP: 349288HP8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    895000 | PA      | $901264.55    | 0.03%             | 2026-08-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| MAIN STR NAT GAS INC GA GAS SUPPLY REV                                                    | MAIN STR NAT GA 4% 12/1/2026                                                                   | CUSIP: 56035DDT6<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |    245000 | PA      | $247071.89    | 0.01%             | 2026-12-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| MINNESOTA MUN GAS AGY COMMODITY SUPPLY REV                                                | MINNESOTA MUN G 4% 12/1/2052 MT                                                                | CUSIP: 60406UAM9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1725000 | PA      | $1763562.20   | 0.06%             | 2052-12-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| BREVARD CNTY FL HEALTH FAC                                                                | BREVARD CNTY FL 5% 4/1/2026 Q                                                                  | CUSIP: 107416QR3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    290000 | PA      | $290605.93    | 0.01%             | 2026-04-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| BREVARD CNTY FL HEALTH FAC                                                                | BREVARD CNTY FL 5% 4/1/2028 Q                                                                  | CUSIP: 107416QT9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    325000 | PA      | $342308.20    | 0.01%             | 2028-04-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WYOMING CMNTY DEV AUTH HSG RE                                                             | WYOMING CMNTY 3.50% 6/1/2052                                                                   | CUSIP: 98322QB22<br>LEI: 549300UQ62NB8FGTHW65 | Long             | DBT              | MUN               | US        |    930000 | PA      | $936011.15    | 0.03%             | 2052-06-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| NORTH CAROLINA ST ED ASSISTANCE AUTH REV                                                  | NC ED ASSIST 5% 6/1/2026                                                                       | CUSIP: 658262GK0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1005211.80   | 0.03%             | 2026-06-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| NEW YORK TRANSPORTATION DEVELOPMENT CORP                                                  | NY TRANS CORP 5% 12/1/2026 @                                                                   | CUSIP: 650116FA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5870000 | PA      | $5967808.88   | 0.19%             | 2026-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| NEW YORK TRANSPORTATION DEVELOPMENT CORP                                                  | NY TRANS CORP 5% 12/1/2027 @                                                                   | CUSIP: 650116FB7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1915000 | PA      | $1989188.44   | 0.06%             | 2027-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| ALLEG CNTY PA DEV AUTH                                                                    | ALLGNY CNTY HDA 0% 11/15/2047                                                                  | CUSIP: 01728A5V4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $3968544.40   | 0.13%             | 2047-11-15      | Variable      | 0.03%                 | No            |                  2 | On Loan: No      |
| TENDER OPT BD TR RCPTS / CTFS VAR STS                                                     | NY MTA TRANSP 2022-XF1321-LA Q=JPMC BK D7                                                      | CUSIP: 88035AUM1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1595000 | PA      | $1595000.00   | 0.05%             | 2055-11-15      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| OHIO ST AIR QUALITY DEV AUTH                                                              | OH AIR QUAL 4.25% MT@                                                                          | CUSIP: 677525WV5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9140000 | PA      | $9289443.57   | 0.29%             | 2039-11-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| NEW YORK CITY GO                                                                          | NYC GO 22D-3 Q=SS V1                                                                           | CUSIP: 64966QZZ6<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5000000.00   | 0.16%             | 2052-05-01      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| ILLINOIS FIN AUTH RV                                                                      | ILLINOIS FIN AT SOFR*0.7+120 MT                                                                | CUSIP: 45204E2L1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1935000 | PA      | $1940807.52   | 0.06%             | 2034-11-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| NEW MEXICO MTG FIN AUTH                                                                   | NM MFA 4% 1/1/2049                                                                             | CUSIP: 6472007V0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     85000 | PA      | $85961.31     | 0.00%             | 2049-01-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| BLACK BELT ENERGY GAS DIST ALA GAS SUPPLY REV                                             | BLACK BELT ALAB 4% MT                                                                          | CUSIP: 09182NCB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7455000 | PA      | $7567015.10   | 0.24%             | 2052-07-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| BLACK BELT ENERGY GAS DIST ALA GAS SUPPLY REV                                             | BLACK BELT ALAB 0% 7/1/2052                                                                    | CUSIP: 09182NCC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5028099.50   | 0.16%             | 2052-07-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ED LN AUTH ED LN                                                            | MA ED LN AUTH 5% 7/1/2026 @                                                                    | CUSIP: 57563RSX8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    365000 | PA      | $367556.86    | 0.01%             | 2026-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ED LN AUTH ED LN                                                            | MA ED LN AUTH 5% 7/1/2028 @                                                                    | CUSIP: 57563RSZ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1775000 | PA      | $1856305.65   | 0.06%             | 2028-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| BROWARD CNTY FL SCH BRD CTFS P                                                            | BROWARD FL SD C 5% 7/1/2027                                                                    | CUSIP: 115065D35<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1015000 | PA      | $1049916.00   | 0.03%             | 2027-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| BLACK BELT ENERGY GAS DIST ALAGAS PROJ REV                                                | BLACK BELT ENE 5% 6/1/2026                                                                     | CUSIP: 09182TBH9<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   1140000 | PA      | $1146890.73   | 0.04%             | 2026-06-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| BLACK BELT ENERGY GAS DIST ALAGAS PROJ REV                                                | BLACK BELT ENE 5% MT                                                                           | CUSIP: 09182TBL0<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   2370000 | PA      | $2482495.37   | 0.08%             | 2053-05-01      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| TENDER OPT BD TR RCPTS / CTFS VAR STS                                                     | NY MTA TRANS 2022-XF1355-NUV Q=JPMC BK D7                                                      | CUSIP: 88035DDN2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2400000 | PA      | $2400000.00   | 0.08%             | 2043-11-15      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| COLORADO HEALTH FACS AUTH CO                                                              | COLORADO HEALTH 5% 5/15/2062                                                                   | CUSIP: 19648FVL5<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   7000000 | PA      | $7418600.00   | 0.24%             | 2062-05-15      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| COLORADO HEALTH FACS AUTH CO                                                              | COLORADO HEALTH 5% MT                                                                          | CUSIP: 19648FVK7<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   2155000 | PA      | $2180802.46   | 0.07%             | 2062-05-15      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| MAIN STR NAT GAS INC GA GAS SUPPLY REV                                                    | MAIN STR NAT GA 5% 6/1/2026                                                                    | CUSIP: 56035DEA6<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |    800000 | PA      | $804175.36    | 0.03%             | 2026-06-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MAIN STR NAT GAS INC GA GAS SUPPLY REV                                                    | MAIN STR NAT GA 5% 12/1/2052 MT                                                                | CUSIP: 56035DEE8<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1377947.48   | 0.04%             | 2052-12-01      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| RIB FLOATER TRUST VARIOUS STS                                                             | NY HSG 42ND and 10TH BC22-003 BC/BC DR42                                                       | CUSIP: 76252PRU5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3000000.00   | 0.10%             | 2041-11-01      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| RIB FLOATER TRUST VARIOUS STS                                                             | NYS HFA 42ND and 10TH BC22-007 L=BC/BC DR42@                                                   | CUSIP: 76252PSF7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  23500000 | PA      | $23500000.00  | 0.75%             | 2041-11-01      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| PORT SEATTLE WA REV                                                                       | PORT SEATTLE 5% 8/1/2026                                                                       | CUSIP: 735389T81<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    835000 | PA      | $843674.31    | 0.03%             | 2026-08-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MIZUHO FLOATER / RESIDUAL TR VAR STS                                                      | EL PASO TX HSG FIN 2022-MIZ9104 MZ/MZ D35                                                      | CUSIP: 60700HNE5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1118240 | PA      | $1118240.00   | 0.04%             | 2062-08-01      | Variable      | 0.02%                 | Yes           |                  2 | On Loan: No      |
| MIZUHO FLOATER / RESIDUAL TR VAR STS                                                      | OK MFH DUNCAN PL 2022-MIZ9103 MZ/MZ D35                                                        | CUSIP: 60700HNB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1274152 | PA      | $1274152.00   | 0.04%             | 2062-08-01      | Variable      | 0.02%                 | Yes           |                  2 | On Loan: No      |
| LOS ANGELES CA DEPT ARPTS REV                                                             | LA CA AIRPT 5% 5/15/2027 @                                                                     | CUSIP: 544445HZ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1460000 | PA      | $1505802.68   | 0.05%             | 2027-05-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| RIB FLOATER TRUST VARIOUS STS                                                             | SC CONWAY HOSP BC22-019 BC/BC DR42                                                             | CUSIP: 76252PTY5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1400000.00   | 0.04%             | 2047-07-01      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| MINNEAPOLIS MET AIRPORT COMMIS                                                            | MN MAC PORT REV 5% 1/1/2027 @                                                                  | CUSIP: 603827J49<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1580000 | PA      | $1611499.20   | 0.05%             | 2027-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MINNESOTA ST HSG FIN AGY                                                                  | MINNESOTA ST HS 5% 8/1/2026                                                                    | CUSIP: 60416TTZ1<br>LEI: 549300R89XDTQBK4GE22 | Long             | DBT              | MUN               | US        |    100000 | PA      | $101109.98    | 0.00%             | 2026-08-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MINNESOTA ST HSG FIN AGY                                                                  | MINNESOTA ST HS 5% 8/1/2026                                                                    | CUSIP: 60416TTC2<br>LEI: 549300R89XDTQBK4GE22 | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1314429.74   | 0.04%             | 2026-08-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CHANDLER AZ INDL DEVE AUTH IDR                                                            | CHANDLER AZ IDR 5% 9/1/2042 @                                                                  | CUSIP: 158862CA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7400000 | PA      | $7555206.86   | 0.24%             | 2042-09-01      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WIS POLLUTIONCTL REV                                                      | PUBLIC FINAN WI 3.3% MT                                                                        | CUSIP: 74447HAB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3300000 | PA      | $3310919.37   | 0.11%             | 2046-10-01      | Variable      | 0.03%                 | No            |                  2 | On Loan: No      |
| MARICOPA CNTY AZ POLLUTION CTL                                                            | MARICOPA AZ PUB SVC 09D V7                                                                     | CUSIP: 566854ES0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3300000 | PA      | $3300000.00   | 0.10%             | 2029-05-01      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| RIB FLOATER TRUST VARIOUS STS                                                             | FL ORLANDO HLTH BC22-026 BC/BC DR42                                                            | CUSIP: 76252PUV9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $500000.00    | 0.02%             | 2044-10-01      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| RIB FLOATER TRUST VARIOUS STS                                                             | VA NATL SENIOR CAMPUS BC22-028 BC/BC DR42                                                      | CUSIP: 76252PVB2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3600000 | PA      | $3600000.00   | 0.11%             | 2045-01-01      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| RIB FLOATER TRUST VARIOUS STS                                                             | MD HLTH INTEGRACE BC22-024 BC/BC DR42                                                          | CUSIP: 76252PUP2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3700000 | PA      | $3700000.00   | 0.12%             | 2049-11-15      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| ALLEN CNTY OH HOSP FACS REV                                                               | ALLEN CNTY HOSP 5% 10/1/49 MT                                                                  | CUSIP: 01757LGZ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6000000 | PA      | $6177495.00   | 0.20%             | 2049-10-01      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA MUN FIN AUTH SOLID WASTE DISP REV                                              | CALIFORNIA MUN 4.125% MT                                                                       | CUSIP: 13048RAL1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3700000 | PA      | $3743249.30   | 0.12%             | 2041-10-01      | Variable      | 0.03%                 | No            |                  2 | On Loan: No      |
| COLORADO HEALTH FACS AUTH CO                                                              | COLORADO HEALTH 5% 11/1/2026                                                                   | CUSIP: 19648FWA8<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |    400000 | PA      | $406736.32    | 0.01%             | 2026-11-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ECONOMIC DEV AUTH REV                                                          | NEW JERSEY ECN 5% 11/1/2026                                                                    | CUSIP: 64577XDL7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1120218.66   | 0.04%             | 2026-11-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| SKAGIT CNTY WASH PUB HOSP DISTNO 001 REV                                                  | SKAGI WA 830227 4% 12/1/2026                                                                   | CUSIP: 830227DV3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1308820.63   | 0.04%             | 2026-12-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| ORANGE CNTY FL HEALTH FACS AUTH REV                                                       | ORANGE CNTY FL 0% 11/15/2052 PRE                                                               | CUSIP: 68450LGS8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    745000 | PA      | $758789.06    | 0.02%             | 2052-11-15      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| COLORADO HEALTH FACS AUTH CO                                                              | COLORADO HEALTH 0% 11/15/2049                                                                  | CUSIP: 19648FXC3<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |    905000 | PA      | $922146.76    | 0.03%             | 2049-11-15      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| ORANGE CNTY FL HEALTH FACS AUTH REV                                                       | ORANGE CNTY FL 0% 11/15/2052                                                                   | CUSIP: 68450LGT6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5370000 | PA      | $5470152.11   | 0.17%             | 2052-11-15      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| KANSAS ST DEV FIN AUTH HOSP REV                                                           | KS ST DEV FIN 0% 11/15/2054                                                                    | CUSIP: 48542AFH9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1465000 | PA      | $1564787.60   | 0.05%             | 2054-11-15      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| BARTOW CNTY GA DEV AUTH SOLIDWASTE DISP FAC REV                                           | GA PWR - SOUTHERN CO 22-2 V1@                                                                  | CUSIP: 06964KAA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1695000 | PA      | $1695000.00   | 0.05%             | 2062-11-01      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| BARTOW CNTY GA DEV AUTH SOLIDWASTE DISP FAC REV                                           | GA PWR - SOUTHERN CO 22-1 V1@                                                                  | CUSIP: 06964KAB2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2650000 | PA      | $2650000.00   | 0.08%             | 2062-11-01      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| DENVER CO CITY and CNTY ARPT                                                              | DENVER CO ARPT 5.25% 11/15/2026                                                                | CUSIP: 249182SU1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    775000 | PA      | $790160.63    | 0.03%             | 2026-11-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| DENVER CO CITY and CNTY ARPT                                                              | DENVER CO ARPT 5% 11/15/2026                                                                   | CUSIP: 249182RX6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    800000 | PA      | $815677.44    | 0.03%             | 2026-11-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| RIB FLOATER TRUST VARIOUS STS                                                             | NM HAVERLAND CARTER BC22-034 BC/BC D42                                                         | CUSIP: 76252PWP0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1825000 | PA      | $1825000.00   | 0.06%             | 2042-07-01      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| RIB FLOATER TRUST VARIOUS STS                                                             | BALTIMORE MD OAK CREST VLG BC22-032 BC/BC D42                                                  | CUSIP: 76252PVZ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1600000 | PA      | $1600000.00   | 0.05%             | 2050-01-01      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| SOUTH CAROLINA ST SVC AUTH REV                                                            | SC PUB SVC 5% 12/1/2026                                                                        | CUSIP: 837151R76<br>LEI: EMBXY64GWKA9MZGFUD26 | Long             | DBT              | MUN               | US        |    170000 | PA      | $173530.44    | 0.01%             | 2026-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| TARRANT CNTY TX CULTURAL ED FACS FIN CORP HOSP REV                                        | TARRANT EFFC HO 5% MT                                                                          | CUSIP: 87638QSF7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  12995000 | PA      | $13029502.41  | 0.41%             | 2052-11-15      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| METRO NASHVLL ARPT TN                                                                     | MET NASH AIR TN 5% 7/1/2026 @                                                                  | CUSIP: 592190QF2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $604798.26    | 0.02%             | 2026-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| METRO NASHVLL ARPT TN                                                                     | MET NASH AIR TN 5% 7/1/2027 @                                                                  | CUSIP: 592190QG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    435000 | PA      | $448862.67    | 0.01%             | 2027-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| BLACK BELT ENERGY GAS DIST ALAGAS PROJ REV                                                | BLACK BELT ENE 5.25% 6/1/2026                                                                  | CUSIP: 09182TBZ9<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |    575000 | PA      | $578423.38    | 0.02%             | 2026-06-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| BLACK BELT ENERGY GAS DIST ALAGAS PROJ REV                                                | BLACK BELT ENE(MO) 5.25% 6/1/29MT 53                                                           | CUSIP: 09182TCG0<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   9090000 | PA      | $9726982.66   | 0.31%             | 2053-02-01      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| CHANDLER AZ INDL DEVE AUTH IDR                                                            | CHANDLER AZ IDR(INTEL) 5% 9/1/27MT@                                                            | CUSIP: 158862CB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  11300000 | PA      | $11539593.90  | 0.37%             | 2052-09-01      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CA DEPT ARPTS REV                                                             | LA CA AIRPT 5% 5/15/2026                                                                       | CUSIP: 544445K40<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    550000 | PA      | $552964.56    | 0.02%             | 2026-05-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| ILLINOIS FIN AUTHRV                                                                       | ILLINOIS FN RV 5% MT                                                                           | CUSIP: 45204FTD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4785000 | PA      | $4921624.19   | 0.16%             | 2052-08-15      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| TENDER OPT BD TR RCPTS / CTFS VAR STS                                                     | BLACK BELT ENE AL 2022-XM1080-ALL G=MO/JPMC BANK D1                                            | CUSIP: 88035ESG9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2460000 | PA      | $2460000.00   | 0.08%             | 2053-02-01      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| TENDER OPT BD TR RCPTS / CTFS VAR STS                                                     | BLACK BELT AL ENERGY 2022-XF3073-NUV Q=MO D7                                                   | CUSIP: 88035EPR8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6800000 | PA      | $6800000.00   | 0.22%             | 2053-02-01      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| TENDER OPT BD TR RCPTS / CTFS VAR STS                                                     | FL GT ORLANDO ARPT 2022-XM1093-ALL Q=JPMC BK D1@                                               | CUSIP: 88035EZM8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000000.00   | 0.03%             | 2036-10-01      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| GEORGIA MUN ELEC AUTH PWR REV                                                             | GA MEAG 5% 7/1/2026                                                                            | CUSIP: 62620HFV9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $302849.61    | 0.01%             | 2026-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| GEORGIA MUN ELEC AUTH PWR REV                                                             | GA MEAG 5% 7/1/2026                                                                            | CUSIP: 62620HGT3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    310000 | PA      | $312944.60    | 0.01%             | 2026-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MAIN STR NAT GAS INC GA GAS SUPPLY REV                                                    | MAIN STR NAT GA 5% 6/1/2026                                                                    | CUSIP: 56035DEH1<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   2100000 | PA      | $2110803.03   | 0.07%             | 2026-06-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WISCONSIN ST HEALTH and EDL FACSAUTH REV                                                  | WISCONSIN ST H 5% 8/15/2054                                                                    | CUSIP: 97712JGV9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3825000 | PA      | $3852694.91   | 0.12%             | 2054-08-15      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| MAIN STR NAT GAS INC GA GAS SUPPLY REV                                                    | MAIN STR NAT GA 5% MT                                                                          | CUSIP: 56035DEN8<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |    480000 | PA      | $513716.74    | 0.02%             | 2053-06-01      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| MIAMI-DADE CNTY FLA SEAPORT REV                                                           | MIAMI DADE FL 5% 10/1/2027 @                                                                   | CUSIP: 59335KEJ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2625000 | PA      | $2712587.06   | 0.09%             | 2027-10-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| BARRY CNTY MO CTFS PARTN                                                                  | BARRY CNTY MO C 5% 10/1/2026                                                                   | CUSIP: 06882PAD6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    550000 | PA      | $556124.03    | 0.02%             | 2026-10-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MIZUHO FLOATER / RESIDUAL TR VAR STS                                                      | TX ST MF HSG ROERS BOERNE 2023-MIZ9124 MZ/MZ D35                                               | CUSIP: 60700HQD4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  11100000 | PA      | $11100000.00  | 0.35%             | 2062-10-01      | Variable      | 0.02%                 | Yes           |                  2 | On Loan: No      |
| OKLAHOMA CO OK IDS 89 OKLA CTY                                                            | OKLAHOMA CTY OK 3% 7/1/2026                                                                    | CUSIP: 678841LL9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5990000 | PA      | $6004517.36   | 0.19%             | 2026-07-01      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| ALASKA MUN BD BK ALASKA MUN BD BK AUTH                                                    | ALASKA MUN BD B 5% 12/1/2026 @                                                                 | CUSIP: 01179R3Y7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    510000 | PA      | $518722.58    | 0.02%             | 2026-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV                                   | CALIFORNIA CMY 5% 10/1/2026                                                                    | CUSIP: 13013JCF1<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |    625000 | PA      | $631612.50    | 0.02%             | 2026-10-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MONROE CNTY GA DEV AUTH PCR                                                               | MONROE GA PCR 3.875% MT                                                                        | CUSIP: 610530FV4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1250164.75   | 0.04%             | 2042-06-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| MONROE CNTY GA DEV AUTH PCR                                                               | MONROE GA PCR 3.875% MT                                                                        | CUSIP: 610530FX0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3500461.30   | 0.11%             | 2041-12-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| MONROE CNTY GA DEV AUTH PCR                                                               | MONROE GA PCR (GEORGIA PWR CO PLT SCHERER) 3.88% 10/1/48                                       | CUSIP: 610530FY8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3675000 | PA      | $3675484.37   | 0.12%             | 2048-10-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| SOUTHEAST ENERGY AUTH COMMODITY SUPPLY REV ALA                                            | SOUTHEAST ENERG 5.25% 7/1/2028                                                                 | CUSIP: 84136FBS5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1945000 | PA      | $2043750.76   | 0.06%             | 2028-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| SOUTHEAST ENERGY AUTH COMMODITY SUPPLY REV ALA                                            | SOUTHEAST ENERG 5% 7/1/2027                                                                    | CUSIP: 84136FBR7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1185000 | PA      | $1216402.62   | 0.04%             | 2027-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| COCONINO CNTY AZ POLL CTL CORP                                                            | COCONINO AZ PC 4.125% 9/1/2032 @                                                               | CUSIP: 191855BN4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2055000 | PA      | $2056684.69   | 0.07%             | 2032-09-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| CLARK NV POLLUTN CTL REV                                                                  | CLARK CO NV PCR 3.75% MT                                                                       | CUSIP: 181008BE2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2065000 | PA      | $2066343.90   | 0.07%             | 2036-01-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| PASCO CNTY FL TAX ALLOC                                                                   | PASCO CNTY CAP 5.25% 9/1/2026                                                                  | CUSIP: 70252AAB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    275000 | PA      | $278947.52    | 0.01%             | 2026-09-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST MTG AGY HOMEOWNERMTG REV                                                      | NEW YORK ST MTG 3.70% 4/1/2026 @                                                               | CUSIP: 64988YSN8<br>LEI: 549300ZQWNLLIG564027 | Long             | DBT              | MUN               | US        |    955000 | PA      | $955112.50    | 0.03%             | 2026-04-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CA DEPT ARPTS REV                                                             | LA CA AIRPT 5% 5/15/2026 @                                                                     | CUSIP: 544445W54<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    440000 | PA      | $442371.64    | 0.01%             | 2026-05-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| TENDER OPT BD TR RCPTS / CTFS VAR STS                                                     | KANSAS CITY MO ARPT 2023-XM1108-MST AGM/JPMC BK D1@                                            | CUSIP: 88035FZG8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4740000 | PA      | $4740000.00   | 0.15%             | 2057-03-01      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| OHIO ST HOSP REV                                                                          | OHIO ST HOSP RE 2.75% 1/1/2052 MT                                                              | CUSIP: 67756CFW3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    710000 | PA      | $712160.18    | 0.02%             | 2052-01-01      | Variable      | 0.03%                 | No            |                  2 | On Loan: No      |
| WASHINGTON ST HEALTH CARE FACS AUTH REV                                                   | WA ST HLTH CAR 5% 7/1/2027                                                                     | CUSIP: 93978HPU3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1250835.25   | 0.04%             | 2027-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| NORTHSIDE TX INDPT SCH DIST                                                               | NTHSIDE TX ISD 3% MT                                                                           | CUSIP: 66702RH54<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5135000 | PA      | $5145213.00   | 0.16%             | 2053-08-01      | Variable      | 0.03%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST                                                                               | IL ST 5% 5/1/2026                                                                              | CUSIP: 452153FQ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1506370.80   | 0.05%             | 2026-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST                                                                               | IL ST 5% 5/1/2029                                                                              | CUSIP: 452153FT1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1005000 | PA      | $1084395.70   | 0.03%             | 2029-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST                                                                               | IL ST 5% 7/1/2026                                                                              | CUSIP: 452153GB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5042987.50   | 0.16%             | 2026-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ECONOMIC DEV AUTH REV                                                          | NEW JERSEY ECN 5% 6/15/2026                                                                    | CUSIP: 64577XET9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1970000 | PA      | $1985494.25   | 0.06%             | 2026-06-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ECONOMIC DEV AUTH REV                                                          | NEW JERSEY ECN 5% 6/15/2027                                                                    | CUSIP: 64577XEU6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    155000 | PA      | $160518.12    | 0.01%             | 2027-06-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| BOERNE TX ISD                                                                             | BOERNE TX ISD 0% 2/1/2053                                                                      | CUSIP: 097067NL2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6720000 | PA      | $6753091.30   | 0.21%             | 2053-02-01      | Variable      | 0.03%                 | No            |                  2 | On Loan: No      |
| TENDER OPT BD TR RCPTS / CTFS VAR STS                                                     | AL SE ENERGY G=MO 2022-XM1062-ALL Q=MO D7                                                      | CUSIP: 88035DX26<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1600000 | PA      | $1600000.00   | 0.05%             | 2053-01-01      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| HIGHER ED STUDENT ASSISTANCE AUTH NJ STUDENT LN REV                                       | NJ STUD LOAN 5% 12/1/2026 @                                                                    | CUSIP: 646080XB2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2033026.40   | 0.06%             | 2026-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| HIGHER ED STUDENT ASSISTANCE AUTH NJ STUDENT LN REV                                       | NJ STUD LOAN 5% 12/1/2028 @                                                                    | CUSIP: 646080XD8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1059146.60   | 0.03%             | 2028-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MINNEAPOLIS MINN HEALTH CARE S                                                            | MINNEAPOLS MN 5% MT                                                                            | CUSIP: 60374VEW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6470000 | PA      | $6894069.03   | 0.22%             | 2052-11-15      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| ALASKA AIRPORT                                                                            | AK AIRPORT 5% 10/1/2028 @                                                                      | CUSIP: 011842UR0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1062132.80   | 0.03%             | 2028-10-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| JOHNSON CITY TN HEALTH  and EDL                                                           | JOHNSON TN HOSP 5% 7/1/2026                                                                    | CUSIP: 478271KH1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $402999.00    | 0.01%             | 2026-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| LOUISA VA                                                                                 | LOUISA VA IDA 3.65% MT                                                                         | CUSIP: 546068AX5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4450000 | PA      | $4536325.55   | 0.14%             | 2035-11-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| CHESAPEAKE VA ECONOMIC DEV AUTH POLLUTION CTL REV                                         | CHESAPEAKE VA E 3.65% MT                                                                       | CUSIP: 16532YAD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6160000 | PA      | $6279497.84   | 0.20%             | 2032-02-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| HONOLULU HI CITY and CNTY MFR                                                             | HONOLULU HI MFR 5% 12/1/2026 MT                                                                | CUSIP: 438697BQ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2080000 | PA      | $2092812.18   | 0.07%             | 2027-06-01      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| FARMINGTON NM POLLUTION CTL                                                               | FARM N MEX PCR 0% 6/1/2040 MT                                                                  | CUSIP: 311450GC8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3064823.70   | 0.10%             | 2040-06-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| JACKSON CNTY MO SPL OBLIG                                                                 | JACKSON CO MO 5% 12/1/2028                                                                     | CUSIP: 467578LE8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1070029.10   | 0.03%             | 2028-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| BURKE CNTY GA DEV AUTH PCR                                                                | BURKE GA PCR 3.8% MT                                                                           | CUSIP: 121342QG7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3960000 | PA      | $3970737.54   | 0.13%             | 2032-10-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| BURKE CNTY GA DEV AUTH PCR                                                                | BURKE GA PCR 3.8% 10/1/2032 MT                                                                 | CUSIP: 121342QJ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2875000 | PA      | $2882795.56   | 0.09%             | 2032-10-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| TENDER OPT BD TR RCPTS / CTFS VAR STS                                                     | BUFORD GA MF HSG AUTH 2023-XF3118-AMR MZ/MZ D7                                                 | CUSIP: 88035FN48<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1600000 | PA      | $1600000.00   | 0.05%             | 2041-03-01      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| SAN ANTONIO TX ELEC and GAS REV                                                           | SAN ANTONIO E and G 3.65% MT                                                                   | CUSIP: 79625GHJ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4016048.40   | 0.13%             | 2053-02-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| METROPOLITAN WASH DC ARPTS ATH                                                            | MTRO WA DC ARPT 5% 10/1/2028 @                                                                 | CUSIP: 592647LL3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1690000 | PA      | $1799369.03   | 0.06%             | 2028-10-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST TRANSN TR FD AUT                                                            | NJ TRANSP 5% 6/15/2026                                                                         | CUSIP: 64613CCZ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    895000 | PA      | $902039.26    | 0.03%             | 2026-06-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CNTY CALIF DEV AUTH MULTIFAMILY HSG REV                                       | LA County Housing 3.75% 12/1/2026 MT                                                           | CUSIP: 54467WAH5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3001631.70   | 0.10%             | 2046-12-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| ATLANTA GA ARPT REV                                                                       | ATLANTA GA ARPT 5% 7/1/2026 @                                                                  | CUSIP: 04780MD55<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1008430.40   | 0.03%             | 2026-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| NJ ST HSG and MTG FIN AGY MFR                                                             | NJ ST HMFA MF1 5% 11/1/2026 @                                                                  | CUSIP: 646108Z29<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1014522.10   | 0.03%             | 2026-11-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WEST VIRGINIA ECONOMIC DEV AUTH SOLD WASTE DISP FACS REV                                  | WV EDA SLD WAST 4.7% 4/1/2036 @                                                                | CUSIP: 95648VBP3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3085000 | PA      | $3095507.20   | 0.10%             | 2036-04-01      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT ST HEALTH and EDL FACS AUTH REVENUE                                           | CONN ST HEALTH 3.2% 7/1/2037 MT                                                                | CUSIP: 20775DVU3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2575000 | PA      | $2582898.81   | 0.08%             | 2037-07-01      | Variable      | 0.03%                 | No            |                  2 | On Loan: No      |
| INDIANA FIN AUTH HEALTH SYS REV                                                           | IN FIN HSR 5% MT                                                                               | CUSIP: 45470YFL0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4880000 | PA      | $5136881.74   | 0.16%             | 2062-10-01      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| COLORADO HEALTH FACS AUTH CO                                                              | COLORADO HEALTH 5% MT                                                                          | CUSIP: 19648FXD1<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   3060000 | PA      | $3245315.74   | 0.10%             | 2058-11-15      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| MARICOPA CNTY AZ IDA REV                                                                  | MARICOPA IDA 5% MT                                                                             | CUSIP: 56682HDV8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2120000 | PA      | $2216920.68   | 0.07%             | 2053-01-01      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| MARICOPA CNTY AZ IDA REV                                                                  | MARICOPA IDA 5% MT                                                                             | CUSIP: 56682HDU0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6040000 | PA      | $6062874.08   | 0.19%             | 2053-01-01      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| CITY HSG DEV CORPMULTIFAMILY HSG REV                                                      | CITY HSG DEV CO 3.73% MT                                                                       | CUSIP: 64972E4L0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1002654.40   | 0.03%             | 2063-05-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| CITY HSG DEV CORPMULTIFAMILY HSG REV                                                      | CITY HSG DEV CO 3.7% MT                                                                        | CUSIP: 64972E4M8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6000000 | PA      | $6003003.00   | 0.19%             | 2063-05-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| MARYLAND HEALTH and HIGHER EDUCATIONAL FACILITIES AUTHORITY                               | MARYLAND HEALTH 5% 7/1/2027                                                                    | CUSIP: 57421CEF7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1360000 | PA      | $1398989.98   | 0.04%             | 2027-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MINNESOTA ST HSG FIN AGY                                                                  | MINNESOTA ST HS 5.75% 7/1/2053                                                                 | CUSIP: 60416TQ68<br>LEI: 549300R89XDTQBK4GE22 | Long             | DBT              | MUN               | US        |    110000 | PA      | $118589.39    | 0.00%             | 2053-07-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| FLA HSG FIN CORP MULTIFAMILY MTG REV                                                      | FL MHSG 5% MT                                                                                  | CUSIP: 34074HGY2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4000468.00   | 0.13%             | 2026-12-01      | Variable      | 0.03%                 | No            |                  2 | On Loan: No      |
| MIZUHO FLOATER / RESIDUAL TR VAR STS                                                      | SAINT PAUL MN MF HSG PLATO APTS 2023-MIZ9145 MZ/MZ D35                                         | CUSIP: 60700HSW0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2420000 | PA      | $2420000.00   | 0.08%             | 2063-06-01      | Variable      | 0.02%                 | Yes           |                  2 | On Loan: No      |
| SUBLETTE CNTY WYO HOSP DIST REV                                                           | SUBLETTE CNTY W 5% 6/15/2026                                                                   | CUSIP: 86428TAA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2001020.40   | 0.06%             | 2026-06-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA PCF SOLID WST DISP                                                             | CAL PCR SWDR 4.25% 7/1/2043 MT @                                                               | CUSIP: 130536RN7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1900000 | PA      | $1900406.22   | 0.06%             | 2043-07-01      | Variable      | 0.03%                 | No            |                  2 | On Loan: No      |
| HOUSTON TX ARPT SYS REV                                                                   | HOUSTON TX ARPT 5% 7/1/2026 @                                                                  | CUSIP: 442349GB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1008530.50   | 0.03%             | 2026-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| HOUSTON TX ARPT SYS REV                                                                   | HOUSTON TX ARPT 5% 7/1/2028 @                                                                  | CUSIP: 442349GD2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4219407.20   | 0.13%             | 2028-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| LOUISVILLE and JEFFERSON CNTY KY METRO GOVT HEALTH SYS REV                                | LOUIS/JEFF HLTH 5% 10/1/2026                                                                   | CUSIP: 54659LCJ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $710396.19    | 0.02%             | 2026-10-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| LOUISVILLE and JEFFERSON CNTY KY METRO GOVT HEALTH SYS REV                                | LOUIS/JEFF HLTH 5% 10/1/2027                                                                   | CUSIP: 54659LCK8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1700000 | PA      | $1768520.37   | 0.06%             | 2027-10-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| INTERMOUNTAIN PWR AGY UT PWR                                                              | IPA PWR 5% 7/1/2026                                                                            | CUSIP: 45884AD83<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    935000 | PA      | $943806.30    | 0.03%             | 2026-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST BLDG AUTH REV                                                                 | MI BLDG 2.33% 4/15/2058                                                                        | CUSIP: 594615KQ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10000000.00  | 0.32%             | 2058-04-15      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| FLORIDA INS ASSISTANCE INTERLOCAL AGY FLA INS ASSMT REV                                   | FL INSURANCE 2023 A2 Q=FL V7                                                                   | CUSIP: 34074EAF6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  19800000 | PA      | $19800000.00  | 0.63%             | 2032-09-01      | Variable      | 0.03%                 | No            |                  2 | On Loan: No      |
| NEW MEXICO MTG FIN AUTH                                                                   | NM MFA 5.75% 3/1/2054                                                                          | CUSIP: 647201YR7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    255000 | PA      | $277613.68    | 0.01%             | 2054-03-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| HOUSTON TEX FIN CORP MFHR                                                                 | HOUSTON TX MF 5% 8/1/2041                                                                      | CUSIP: 442396EL7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    290000 | PA      | $291308.97    | 0.01%             | 2041-08-01      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| PROSPER TEX INDPT SCH DIST                                                                | PROSPER TX ISD 4% 2/15/2050 MT                                                                 | CUSIP: 7436002V9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2900000 | PA      | $2921960.54   | 0.09%             | 2050-02-15      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| PLAINVIEW TEX INDPT SCH DIST                                                              | PLAIN TX 726736 4% 2/15/2050 MT                                                                | CUSIP: 726736GY1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2014331.40   | 0.06%             | 2050-02-15      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| SALT LAKE CITY UT ARPT REV                                                                | SLT LAKE U 5% 7/1/2026 @                                                                       | CUSIP: 795576LH8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2390000 | PA      | $2410148.66   | 0.08%             | 2026-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| SALT LAKE CITY UT ARPT REV                                                                | SLT LAKE U 5% 7/1/2028 @                                                                       | CUSIP: 795576LK1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1054851.80   | 0.03%             | 2028-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| TENDER OPT BD TR RCPTS / CTFS VAR STS                                                     | CA MF HSG FIN AGY 2023-XF3127-AMR MZ/MZ D7                                                     | CUSIP: 88035F4X5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1500000.00   | 0.05%             | 2030-06-01      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| MIZUHO FLOATER / RESIDUAL TR VAR STS                                                      | ARIZONA IND DEV AUTH MF HSG 2023-MIZ9149 MZ/MZ D35                                             | CUSIP: 60700HTK5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3371000 | PA      | $3371000.00   | 0.11%             | 2040-07-01      | Variable      | 0.02%                 | Yes           |                  2 | On Loan: No      |
| BLACK BELT ENERGY GAS DIST ALAGAS PROJ REV                                                | BLACK BELT ENE 5.5% 6/1/2049 MT                                                                | CUSIP: 09182TCR6<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   2110000 | PA      | $2261225.18   | 0.07%             | 2049-06-01      | Variable      | 0.06%                 | No            |                  2 | On Loan: No      |
| GRAND PARKWAY TRANSN CORP TEX SYS TOLL REV                                                | GRAND PARKWAY T 5% 10/1/2052                                                                   | CUSIP: 38611TDR5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    550000 | PA      | $573500.13    | 0.02%             | 2052-10-01      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| EAST HAMPTON NY UN FREE SH DIS                                                            | EAST HAMP NY SD 2.10% 6/1/2027                                                                 | CUSIP: 272718GS0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    340000 | PA      | $335795.73    | 0.01%             | 2027-06-01      | Fixed         | 0.02%                 | No            |                  2 | On Loan: No      |
| OREGON ST BUSINESS DEV COMMN REV                                                          | OR ST BUS DEV C 3.8% MT                                                                        | CUSIP: 68609AAD1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2040868.40   | 0.06%             | 2040-12-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| CHANDLER AZ INDL DEVE AUTH IDR                                                            | CHANDLER AZ IDR 4.1% MT                                                                        | CUSIP: 158862CD2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3025000 | PA      | $3082850.40   | 0.10%             | 2037-12-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| PT HOUSTON                                                                                | PT HOUSTON 5% 10/1/2026                                                                        | CUSIP: 734262GB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    955000 | PA      | $970663.62    | 0.03%             | 2026-10-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| ILLINOIS FIN AUTH WTR FAC REV                                                             | IL FIN WTR 3.875% MT                                                                           | CUSIP: 45203EAG4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1541506.65   | 0.05%             | 2040-05-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| VIRGINIA ST PUB BLDG AUTH PUB                                                             | VA PUB BLDG 5% 8/1/2026 @                                                                      | CUSIP: 9281724E2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2410000 | PA      | $2434745.64   | 0.08%             | 2026-08-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| ATLANTA GA ARPT REV                                                                       | ATLANTA GA ARPT 5% 7/1/2027 @                                                                  | CUSIP: 04780MR92<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2045000 | PA      | $2110170.47   | 0.07%             | 2027-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| ATLANTA GA ARPT REV                                                                       | ATLANTA GA ARPT 5% 7/1/2026 @                                                                  | CUSIP: 04780MR84<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2250000 | PA      | $2268968.40   | 0.07%             | 2026-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| DALLAS TEX HSG FIN CORP MULTI FAMILY HSG REV                                              | DALLAS MHSG 5% MT                                                                              | CUSIP: 235298BT2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1080000 | PA      | $1080000.00   | 0.03%             | 2026-09-01      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| DALLAS FORT WORTH TX INTL ARPT                                                            | DFW ARPT 5% 11/1/2026 @                                                                        | CUSIP: 23503CDG9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1800000 | PA      | $1830433.32   | 0.06%             | 2026-11-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| TX ST DEPT HSG and CMNTY AFFRS MTG                                                        | TX R-MRB 6% 1/1/2054                                                                           | CUSIP: 882750VB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    595000 | PA      | $664509.45    | 0.02%             | 2054-01-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| OHIO ST HSG FIN AGY RESIDENTIA L MTG REV                                                  | OH HFA RES MTG 6% 3/1/2055                                                                     | CUSIP: 67756Q4R5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    225000 | PA      | $249728.20    | 0.01%             | 2055-03-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| WALKER CNTY AL ECONOMIC and INDL DEV AUTH SOLID WASTE DISP REV                            | AL PWR - SOUTHERN CO 23-1 V1@                                                                  | CUSIP: 931542AB0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1405000 | PA      | $1405000.00   | 0.04%             | 2063-08-01      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| LOUISIANA HSG CORP SINGLE FAMILY MTG REV                                                  | LOUIS LA 5.75% 12/1/2053                                                                       | CUSIP: 54627DPR6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    160000 | PA      | $176655.10    | 0.01%             | 2053-12-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| LEANDER TX INDPT SCH DIST                                                                 | LEANDER TX ISD 0% 2/15/2027                                                                    | CUSIP: 521841L79<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $977037.30    | 0.03%             | 2027-02-15      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| SOUTH CAROLINA HSG FIN DEV AUT                                                            | SC HSG DEV AUT 6% 1/1/2054                                                                     | CUSIP: 83712D4A1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    135000 | PA      | $150598.87    | 0.00%             | 2054-01-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| KING CNTY WASH HSG AUTH AFFORDABLE HSG REV                                                | KING CNTY WH 5% 1/1/2028                                                                       | CUSIP: 49477AAB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     65000 | PA      | $66264.28     | 0.00%             | 2028-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| OKLAHOMA HSG FIN AGY SINGLE FAMILY MTG REV                                                | OK HSG FIN AGY 6% 3/1/2054                                                                     | CUSIP: 67886MA25<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     45000 | PA      | $50091.06     | 0.00%             | 2054-03-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| KING CNTY WASH HSG AUTH AFFORDABLE HSG REV                                                | KING CNTY WH 5% 1/1/2028                                                                       | CUSIP: 49477AAA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    110000 | PA      | $110127.89    | 0.00%             | 2028-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WASHINGTON CNTY OKLA EDL FACSAUTH EDL FACS LEASE REV                                      | WASHINGTON CN O 5% 9/1/2027                                                                    | CUSIP: 938176AH7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    455000 | PA      | $468317.67    | 0.01%             | 2027-09-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MAIN STR NAT GAS INC GA GAS SUPPLY REV                                                    | MAIN STR NAT GA 5% 12/1/2026                                                                   | CUSIP: 56035DFN7<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |    620000 | PA      | $629789.61    | 0.02%             | 2026-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MAIN STR NAT GAS INC GA GAS SUPPLY REV                                                    | MAIN STR NAT GA 5% 12/1/2027                                                                   | CUSIP: 56035DFP2<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   1700000 | PA      | $1758868.79   | 0.06%             | 2027-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MAIN STR NAT GAS INC GA GAS SUPPLY REV                                                    | MAIN STR NAT GA 5% 12/1/2028                                                                   | CUSIP: 56035DFQ0<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   1850000 | PA      | $1947021.77   | 0.06%             | 2028-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| PORT AUTH NY and NJ                                                                       | PORT NY NJ 5% 12/1/2026 @                                                                      | CUSIP: 73358XJU7<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |   4640000 | PA      | $4724528.27   | 0.15%             | 2026-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| PORT AUTH NY and NJ                                                                       | PORT NY NJ 5% 12/1/2027 @                                                                      | CUSIP: 73358XJV5<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5211836.50   | 0.17%             | 2027-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CENTRAL PLAINS ENERGY PROJ NE GAS PROJ REV                                                | CTR PLN ENG GAS 5% MT                                                                          | CUSIP: 154871CW5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1415000 | PA      | $1513692.01   | 0.05%             | 2054-05-01      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| CHARLOTTE NC ARPT REV                                                                     | CHARLOTTE NC AP 5% 7/1/2029 @                                                                  | CUSIP: 161036VU9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1150000 | PA      | $1240121.71   | 0.04%             | 2029-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CHARLOTTE NC ARPT REV                                                                     | CHARLOTTE NC AP 5% 7/1/2026 @                                                                  | CUSIP: 161036VR6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    455000 | PA      | $458638.68    | 0.01%             | 2026-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CHARLOTTE NC ARPT REV                                                                     | CHARLOTTE NC AP 5% 7/1/2028 @                                                                  | CUSIP: 161036VT2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $422499.44    | 0.01%             | 2028-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST EDL FACS AUTH REV                                                           | NEW JERSEY ST E 5% 9/1/2027                                                                    | CUSIP: 646067ES3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $416976.88    | 0.01%             | 2027-09-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST EDL FACS AUTH REV                                                           | NEW JERSEY ST E 5% 9/1/2027                                                                    | CUSIP: 646067FC7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $208488.44    | 0.01%             | 2027-09-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ECON DEV SLD WST                                                             | PA EDFA SW 4.6% 10/1/2046 MT @                                                                 | CUSIP: 708692BZ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9005000 | PA      | $9053204.67   | 0.29%             | 2046-10-01      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| WAYNE CNTY MICH ARPT AUTH REV                                                             | WAYNE CO MI AAR 5% 12/1/2028 @                                                                 | CUSIP: 944514Q43<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3193095.90   | 0.10%             | 2028-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| METROPOLITAN PIER and EXPOSITION AUTH ILL DEDICATED ST TAX REV                            | MET PIER and EXPO 5% 12/15/2028                                                                | CUSIP: 592250FH2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1038092.20   | 0.03%             | 2028-12-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| LOWELL ARK INDL DEV REV                                                                   | LOWELL AR IDR 1996 V7 @                                                                        | CUSIP: 547516AA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5800000 | PA      | $5800000.00   | 0.18%             | 2031-06-01      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| SEATTLE WASH HSG AUTH REV                                                                 | SEATTLE WA HSG 5% 6/1/2027                                                                     | CUSIP: 812636PA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    650000 | PA      | $657348.19    | 0.02%             | 2027-06-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| ALLEGHENY CNTY PA ARPT ATH REV                                                            | ALLEG PA ARPT 5% 1/1/2027 @                                                                    | CUSIP: 01728LGL0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    680000 | PA      | $695028.54    | 0.02%             | 2027-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| NORTH TX TWY AUTH REV                                                                     | NORTH TX TOLL 5% 1/1/2027                                                                      | CUSIP: 66285WM78<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    275000 | PA      | $281619.83    | 0.01%             | 2027-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MAIKER HSG PARTNERS COLO MULTIFAMILY HSG REV                                              | MAIKER HSG PART 4.5% MT                                                                        | CUSIP: 56031AAA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1175000 | PA      | $1181953.65   | 0.04%             | 2042-05-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| TENDER OPT BD TR RCPTS / CTFS VAR STS                                                     | AZ MFH SAFFORD PRJ 2023-XF3174-AMR MZ/MZ D7                                                    | CUSIP: 88035GT24<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7015000 | PA      | $7015000.00   | 0.22%             | 2041-11-01      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA HSG FIN AGY LTD OBLIG MULTIFAMILY HSG REV                                      | CA HSG FIN AGY 5% 5/1/2054                                                                     | CUSIP: 13034DAC8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5059723.00   | 0.16%             | 2054-05-01      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA MUN FIN AUTH SOLID WASTE DISP REV                                              | CA ST MFA SW 3.85% MT @                                                                        | CUSIP: 13048RAN7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5001192.00   | 0.16%             | 2041-11-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| MIZUHO FLOATER / RESIDUAL TR VAR STS                                                      | SAINT LOUIS MO IDA HAWKINS VILLAGE APTS 2023-MIZ9153 MZ/MZ D35                                 | CUSIP: 60700HTX7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1700000 | PA      | $1700000.00   | 0.05%             | 2063-10-01      | Variable      | 0.02%                 | Yes           |                  2 | On Loan: No      |
| TEXAS MUN GAS ACQUISITION and SUPPLY CORP IV GAS SUPPLY REV                               | TEXAS GAS IV 5.25% 1/1/2027                                                                    | CUSIP: 88256PAK6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1070000 | PA      | $1090980.24   | 0.03%             | 2027-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| BLACK BELT ENERGY GAS DIST ALAGAS PROJ REV                                                | BLACK BELT ENE 5.50% 6/1/2027                                                                  | CUSIP: 09182TCV7<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |    685000 | PA      | $706188.97    | 0.02%             | 2027-06-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| DENVER CO CITY and CNTY ARPT                                                              | DENVER CO ARPT 5% 11/15/2027 @                                                                 | CUSIP: 249182UN4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3035000 | PA      | $3162960.15   | 0.10%             | 2027-11-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CITY HSG DEV CORPMULTIFAMILY HSG REV                                                      | CITY HSG DEV CO 4.3% MT                                                                        | CUSIP: 64972E7D5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    375000 | PA      | $382942.24    | 0.01%             | 2063-11-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| NORTH DAKOTA ST HSG FIN AGY                                                               | ND ST HSG FIN 6.25% 1/1/2054                                                                   | CUSIP: 6589095M4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     60000 | PA      | $65962.84     | 0.00%             | 2054-01-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| SOUTH DAKOTA HSG DEV AUTH                                                                 | SD HDA 6.25% 5/1/2055                                                                          | CUSIP: 83756C6Z3<br>LEI: 549300G853EK61667C18 | Long             | DBT              | MUN               | US        |     95000 | PA      | $104005.18    | 0.00%             | 2055-05-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| OKLAHOMA HSG FIN AGY SINGLE FAMILY MTG REV                                                | OK HSG FIN AGY 6.50% 9/1/2054                                                                  | CUSIP: 67886MD55<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $56763.59     | 0.00%             | 2054-09-01      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| MCKINNEY TEX                                                                              | MC KINNEY TE 5% 8/15/2028                                                                      | CUSIP: 58178CHA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $373488.54    | 0.01%             | 2028-08-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MCKINNEY TEX                                                                              | MC KINNEY TE 5% 8/15/2027                                                                      | CUSIP: 58178CGZ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    180000 | PA      | $187219.04    | 0.01%             | 2027-08-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS HSG FIN AGY                                                                 | MA ST HSG FIN A 4% 12/1/2027                                                                   | CUSIP: 57586VBE2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    800000 | PA      | $805799.60    | 0.03%             | 2027-12-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| OREGON ST FACS AUTH REV                                                                   | OR ST FACS 5% 10/1/2029                                                                        | CUSIP: 68608JVZ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1005051.70   | 0.03%             | 2029-10-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| TRIMBLE CNTY KY ENVIRONMENTAL FACS REV                                                    | TRIMBLE CNTY KY 0% 6/1/2054 @                                                                  | CUSIP: 896221AE8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8980000 | PA      | $9072749.93   | 0.29%             | 2054-06-01      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| NEW HAMPSHIRE ST HSG FIN AUTH MULTI-FAMILY HSG                                            | NEW HAMPSHIRE 3.80% 7/1/2026                                                                   | CUSIP: 64469MQL8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1010000 | PA      | $1010717.91   | 0.03%             | 2026-07-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| ATRIUM HEALTH                                                                             | ATRIUM HEALTH 3.625% MT                                                                        | CUSIP: 160853VT1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4960000 | PA      | $5031926.45   | 0.16%             | 2048-01-15      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| WISCONSIN HSG and EDA HSG REV                                                             | WI HSG EDA 3.875% MT                                                                           | CUSIP: 9769044P4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    385000 | PA      | $385246.86    | 0.01%             | 2054-11-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| FAIRFAX CNTY VA REDEV and HSG AUTH MULTI-FAMILY HSG REV                                   | FAIRFAX C VA 5% 1/1/2045 MT                                                                    | CUSIP: 303833LG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    170000 | PA      | $175153.84    | 0.01%             | 2045-01-01      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| WASHINGTON ST HSG FIN COMMN MULTIFAMILY HSG REV                                           | WA HFC MF 5% MT                                                                                | CUSIP: 93978PPU5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    805000 | PA      | $809486.10    | 0.03%             | 2043-12-01      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST HSG FIN AGY                                                                   | NYS HFA 3.875% MT                                                                              | CUSIP: 64987JP47<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    120000 | PA      | $120073.84    | 0.00%             | 2063-11-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST HSG FIN AGY                                                                   | NYS HFA 3.8% MT                                                                                | CUSIP: 64987JP54<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    670000 | PA      | $670363.94    | 0.02%             | 2063-11-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST                                                                           | PA ST 5% 9/1/2027                                                                              | CUSIP: 70914P2A9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1043211.70   | 0.03%             | 2027-09-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| TEXAS ST AFFORDABLE HSG CORP MULTIFAMILY HSG REV                                          | TX AHC MF 3.625% MT                                                                            | CUSIP: 88271FFR9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1120000 | PA      | $1129495.58   | 0.04%             | 2045-01-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| NEW HAMPSHIRE ST HSG FIN AUTH MULTI-FAMILY HSG                                            | NEW HAMPSHIRE 3.625% 4/1/2026                                                                  | CUSIP: 64469MRK9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    215000 | PA      | $215141.88    | 0.01%             | 2026-04-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| NEW HAMPSHIRE ST HSG FIN AUTH MULTI-FAMILY HSG                                            | NEW HAMPSHIRE 3.70% 1/1/2027                                                                   | CUSIP: 64469MRL7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    670000 | PA      | $672564.36    | 0.02%             | 2027-01-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| NEW YORK N Y CITY HSG DEV CORPMULTIFAMILY HSG REV                                         | NY NY CITY HS 3.8% 11/1/2063 MT                                                                | CUSIP: 64972KBF1<br>LEI: 549300SQWVHKBRF8D702 | Long             | DBT              | MUN               | US        |    115000 | PA      | $116574.37    | 0.00%             | 2063-11-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST                                                                           | PA ST 5% 9/1/2026                                                                              | CUSIP: 70914P2V3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6590000 | PA      | $6686393.25   | 0.21%             | 2026-09-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| INDIANAPOLIS IND LOC PUB IMPTBD BK                                                        | INDIANAPOLIS BK 5% 1/1/2027 @                                                                  | CUSIP: 45528VAY5<br>LEI: 549300LX8ESJHDSESB87 | Long             | DBT              | MUN               | US        |    760000 | PA      | $775214.67    | 0.02%             | 2027-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MILWAUKEE WI                                                                              | MILWAUKEE 2% 3/1/2027                                                                          | CUSIP: 602366VT0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1610000 | PA      | $1602978.15   | 0.05%             | 2027-03-01      | Fixed         | 0.02%                 | No            |                  2 | On Loan: No      |
| KANSAS CITY MO PLANNED INDL EXPANSION AUTH MULTIFAMILY HSG REV                            | KANSAS CITY MSR 5% MT                                                                          | CUSIP: 48507MAC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1260000 | PA      | $1284693.48   | 0.04%             | 2045-07-01      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| MONROE CNTY N Y INDL DEV AGY MULTI-FAMILY HSG REV                                         | MONRO NY 61075N 5% 7/1/2028                                                                    | CUSIP: 61075NAC5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    780000 | PA      | $804245.29    | 0.03%             | 2028-07-01      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| COLUMBUS-FRANKLIN CNTY OHIO FIN AUTH MULTIFAMILY HSG REV                                  | COLUMBUS HSG RE 5% 7/1/2045 MT                                                                 | CUSIP: 19910XAA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    765000 | PA      | $775020.81    | 0.02%             | 2045-07-01      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| CHICAGO IL MIDWAY ARPT REV                                                                | CHICAGO MIDWAY 5% 1/1/2027 @                                                                   | CUSIP: 167562SY4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1595000 | PA      | $1626798.24   | 0.05%             | 2027-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MIZUHO FLOATER / RESIDUAL TR VAR STS                                                      | AZ IDA MF HSG ROERS FLAGSTAFF 2023-MIZ9157 MZ/MZ D35                                           | CUSIP: 60700HUK3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1500000.00   | 0.05%             | 2063-12-01      | Variable      | 0.02%                 | Yes           |                  2 | On Loan: No      |
| KENTUCKY HIGHER ED STUDENT LN CORP STUDENT LN REV                                         | KY STUD LN 23-1A1 L=BA V7@                                                                     | CUSIP: 49130NGN3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  16500000 | PA      | $16500000.00  | 0.52%             | 2043-06-01      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| SALEM KEIZER SCHOOL DIST                                                                  | MARION and POLK SD 0% 6/15/2028                                                                | CUSIP: 569203PT3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    370000 | PA      | $348655.48    | 0.01%             | 2028-06-15      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| BELLMORE NY UN FREE SCH DIST                                                              | BELLMORE NY UFS 2% 6/15/2029                                                                   | CUSIP: 079731FV2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    530000 | PA      | $511288.03    | 0.02%             | 2029-06-15      | Fixed         | 0.02%                 | No            |                  2 | On Loan: No      |
| PISCATAWAY TWP NJ                                                                         | PISCATAWAY TWP 2% 2/1/2031                                                                     | CUSIP: 724292WQ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $486285.25    | 0.02%             | 2031-02-01      | Fixed         | 0.02%                 | No            |                  2 | On Loan: No      |
| MASSAPEQUA NY UN FREE SCH DIST                                                            | MASSAPEQUA UFSD 2% 10/1/2031                                                                   | CUSIP: 576097MK2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    530000 | PA      | $496889.10    | 0.02%             | 2031-10-01      | Fixed         | 0.02%                 | No            |                  2 | On Loan: No      |
| MAIN STR NAT GAS INC GA GAS SUPPLY REV                                                    | MAIN STR NAT GA 5% 9/1/2026                                                                    | CUSIP: 56035DGG1<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |    550000 | PA      | $556139.27    | 0.02%             | 2026-09-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MAIN STR NAT GAS INC GA GAS SUPPLY REV                                                    | MAIN STR NAT GA 5% 3/1/2028                                                                    | CUSIP: 56035DGK2<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   1025000 | PA      | $1069151.36   | 0.03%             | 2028-03-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MAIN STR NAT GAS INC GA GAS SUPPLY REV                                                    | MAIN STR NAT GA 5% 9/1/2028                                                                    | CUSIP: 56035DGL0<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |    900000 | PA      | $947962.89    | 0.03%             | 2028-09-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MAIN STR NAT GAS INC GA GAS SUPPLY REV                                                    | MAIN STR NAT GA 5% MT                                                                          | CUSIP: 56035DGT3<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |    310000 | PA      | $338189.08    | 0.01%             | 2054-05-01      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| SOUTHEAST ALA GAS SUPPLY DISTGAS SUPPLY REV                                               | SOUTHEAST ALA 5% 4/1/2026                                                                      | CUSIP: 84131TAT9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1502696.25   | 0.05%             | 2026-04-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| JEFFERSON CNTY AL SWR REV                                                                 | JEFF AL W+S 5% 10/1/2026                                                                       | CUSIP: 472682YV9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    445000 | PA      | $451735.92    | 0.01%             | 2026-10-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| JEFFERSON CNTY AL SWR REV                                                                 | JEFF AL W+S 5% 10/1/2027                                                                       | CUSIP: 472682YW7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    410000 | PA      | $426326.00    | 0.01%             | 2027-10-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| SOUTHEAST ALA GAS SUPPLY DISTGAS SUPPLY REV                                               | SOUTHEAST ALA 5% 4/1/2027                                                                      | CUSIP: 84131TAU6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2561251.25   | 0.08%             | 2027-04-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT ST HEALTH and EDL FACS AUTH REVENUE                                           | CONN ST HEALTH 2.95% MT                                                                        | CUSIP: 20775DXK3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1009630.00   | 0.03%             | 2049-07-01      | Variable      | 0.03%                 | No            |                  2 | On Loan: No      |
| MIZUHO FLOATER / RESIDUAL TR VAR STS                                                      | NASHVILLE and DAVIDSON TN HLTH and EDUC EWING HGTS 2024-MIZ9163 MZ/MZ D35                      | CUSIP: 60700HVD8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1300000.00   | 0.04%             | 2062-12-01      | Variable      | 0.02%                 | Yes           |                  2 | On Loan: No      |
| ALVIN TEX INDPT SCH DIST                                                                  | ALVIN TX ISD 5% 2/15/2029                                                                      | CUSIP: 022447Z41<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $809942.10    | 0.03%             | 2029-02-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST TPK AUTH TPK REV                                                            | NJ TPK 5% 1/1/2028                                                                             | CUSIP: 646140FN8<br>LEI: 5493005YN67D71KSMI84 | Long             | DBT              | MUN               | US        |    455000 | PA      | $478704.95    | 0.02%             | 2028-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WASHOE CNTY NV WTR FAC REV                                                                | WASHOE NV WTR 4.125% MT@                                                                       | CUSIP: 940865BG2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    370000 | PA      | $382257.88    | 0.01%             | 2036-03-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| HUMBOLDT CNTY NEV PCR                                                                     | HUMBLT NV PCR 3.55% 10/1/2029                                                                  | CUSIP: 445199AQ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    335000 | PA      | $345721.78    | 0.01%             | 2029-10-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| KANE COOK DU PAGE CNTYS IL SD                                                             | KANE COOK DUPAG 5% 1/1/2027                                                                    | CUSIP: 483836VQ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $511171.35    | 0.02%             | 2027-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| KANE COOK DU PAGE CNTYS IL SD                                                             | KANE COOK DUPAG 5% 1/1/2030                                                                    | CUSIP: 483836VT6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    550000 | PA      | $604528.65    | 0.02%             | 2030-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WASHOE CNTY NV WTR FAC REV                                                                | WASHOE NV WTR 3.625% MT                                                                        | CUSIP: 940865BJ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    270000 | PA      | $277173.25    | 0.01%             | 2036-03-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST HSG FIN AGY                                                                   | NYS_HFA 3.375% MT                                                                              | CUSIP: 64987JQ38<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7285000 | PA      | $7287474.71   | 0.23%             | 2063-11-01      | Variable      | 0.03%                 | No            |                  2 | On Loan: No      |
| KENTUCKY INC KY PUB ENERGY AUTH GAS SUPPLY REV                                            | KENTUCKY INC KY 5% 7/1/2027                                                                    | CUSIP: 74440DEG5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    575000 | PA      | $590085.70    | 0.02%             | 2027-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| KENTUCKY INC KY PUB ENERGY AUTH GAS SUPPLY REV                                            | KENTUCKY INC KY 5% 7/1/2026                                                                    | CUSIP: 74440DEF7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $503225.00    | 0.02%             | 2026-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WISCONSIN ST HEALTH and EDL FACSAUTH REV                                                  | WISCONSIN ST H 5% 8/1/2027                                                                     | CUSIP: 97712JHF3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5675000 | PA      | $5713058.25   | 0.18%             | 2027-08-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| PESHTIGO WI SCH DIST                                                                      | PESHTIGO WI SD 4.75% 3/1/2027                                                                  | CUSIP: 715777FE3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2504252.00   | 0.08%             | 2027-03-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MINNESOTA ST HIGHER ED FACS AUTH REV FOR ISSUES DTD PRIOR TO 12/29/2017 SEE 60416H        | MINNESOTA ST HI 5% MT                                                                          | CUSIP: 60416JJB7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1022788.60   | 0.03%             | 2053-10-01      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| BURKE CNTY GA DEV AUTH PCR                                                                | BURKE GA PCR 3.375% MT                                                                         | CUSIP: 121342QL6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1385000 | PA      | $1395759.23   | 0.04%             | 2053-11-01      | Variable      | 0.03%                 | No            |                  2 | On Loan: No      |
| MAIN STR NAT GAS INC GA GAS SUPPLY REV                                                    | MAIN STR NAT GA 5% 9/1/2026                                                                    | CUSIP: 56035DGX4<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |    275000 | PA      | $278069.63    | 0.01%             | 2026-09-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CHICAGO IL MIDWAY ARPT REV                                                                | CHICAGO MIDWAY 5% 1/1/2027 @                                                                   | CUSIP: 167562TQ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2549840.50   | 0.08%             | 2027-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| FLA HSG FIN CORP MULTIFAMILY MTG REV                                                      | FL MHSG 3.35% MT                                                                               | CUSIP: 34074HHA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2250000 | PA      | $2258670.15   | 0.07%             | 2027-10-01      | Variable      | 0.03%                 | No            |                  2 | On Loan: No      |
| TENDER OPT BD TR RCPTS / CTFS VAR STS                                                     | UT SF HSG REV 2024-XG0563-NUV Q=BC D7                                                          | CUSIP: 88035HXR2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3990000 | PA      | $3990000.00   | 0.13%             | 2054-01-01      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| NORTHERN CALIFORNIA ENERGY AUTHORITY                                                      | NORTHERN CALIFO 5% 8/1/2026                                                                    | CUSIP: 664840AF2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    450000 | PA      | $454216.91    | 0.01%             | 2026-08-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| COLORADO HSG and FIN AUTH MULTIFAMILY HSG REV                                             | CO HSG and FIN 3.5% 11/1/2043                                                                  | CUSIP: 19647PDN0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9090000 | PA      | $9104149.49   | 0.29%             | 2043-11-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| RHODE ISLAND HEALTH and EDL BLDG CORP HIGHER ED FAC REV                                   | RI HLTH and EDL 5% 6/1/2028                                                                    | CUSIP: 762197S77<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $369691.04    | 0.01%             | 2028-06-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| RHODE ISLAND HEALTH and EDL BLDG CORP HIGHER ED FAC REV                                   | RI HLTH and EDL 5% 6/1/2029                                                                    | CUSIP: 762197S85<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $378120.23    | 0.01%             | 2029-06-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| RHODE ISLAND HEALTH and EDL BLDG CORP HIGHER ED FAC REV                                   | RI HLTH and EDL 5% 6/1/2030                                                                    | CUSIP: 762197S93<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    335000 | PA      | $369205.68    | 0.01%             | 2030-06-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| RHODE ISLAND HEALTH and EDL BLDG CORP HIGHER ED FAC REV                                   | RI HLTH and EDL 5% 6/1/2031                                                                    | CUSIP: 762197T27<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $392017.12    | 0.01%             | 2031-06-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| RHODE ISLAND HEALTH and EDL BLDG CORP HIGHER ED FAC REV                                   | RI HLTH and EDL 5% 6/1/2032                                                                    | CUSIP: 762197T35<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    465000 | PA      | $528444.51    | 0.02%             | 2032-06-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| NEW YORK N Y CITY HSG DEV CORPMULTIFAMILY HSG REV                                         | NY NY CITY HS 3.625% MT                                                                        | CUSIP: 64972KCN3<br>LEI: 549300SQWVHKBRF8D702 | Long             | DBT              | MUN               | US        |    765000 | PA      | $774247.55    | 0.02%             | 2063-11-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| NORTHSIDE TX INDPT SCH DIST                                                               | NTHSIDE TX ISD 3.45% G=PSF 8/1/2054 MT                                                         | CUSIP: 66702RK92<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8715000 | PA      | $8831636.33   | 0.28%             | 2054-08-01      | Variable      | 0.03%                 | No            |                  2 | On Loan: No      |
| TENDER OPT BD TR RCPTS / CTFS VAR STS                                                     | NH NATL FIN AUTH UNIV HOSP HOME CARE 2024-MS0023 MO DT                                         | CUSIP: 88035HM37<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3945000 | PA      | $3945000.00   | 0.13%             | 2030-12-15      | Variable      | 0.02%                 | Yes           |                  2 | On Loan: No      |
| TENDER OPT BD TR RCPTS / CTFS VAR STS                                                     | MD MF HSG WOODINGTON GARDENS 2024-XF3222-AMR MZ/MZ D7                                          | CUSIP: 88035HK96<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2600000 | PA      | $2600000.00   | 0.08%             | 2054-04-01      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| RURAL WTR FING AGY KY PUB PROJS REV                                                       | RURAL WTR FING 3.70% 5/1/2027                                                                  | CUSIP: 781741AV5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4999946.50   | 0.16%             | 2027-05-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| OREGON ST                                                                                 | OR ST 5% 6/1/2028                                                                              | CUSIP: 68609ULF0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2660960.50   | 0.08%             | 2028-06-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CLIFTON TEX HIGHER ED FIN CORP ED REV                                                     | CLIFTON TEX HIG 5% 8/15/2026                                                                   | CUSIP: 187145SW8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    325000 | PA      | $328818.36    | 0.01%             | 2026-08-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CLIFTON TEX HIGHER ED FIN CORP ED REV                                                     | CLIFTON TEX HIG 5% 8/15/2027                                                                   | CUSIP: 187145SX6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    340000 | PA      | $352812.39    | 0.01%             | 2027-08-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| FORT BEND CNTY TEX MUN UTIL DIST NO 182                                                   | FORT BEND TEXA 5.25% 9/1/2026                                                                  | CUSIP: 34682BHN2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1005000 | PA      | $1018205.00   | 0.03%             | 2026-09-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| NJ HLTH CARE FACS FING AUTH DEPT HUMAN SVCS LEASE                                         | NJ HLTH CARE FA 5% 9/15/2026                                                                   | CUSIP: 64579XEB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    595000 | PA      | $603837.83    | 0.02%             | 2026-09-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| NJ HLTH CARE FACS FING AUTH DEPT HUMAN SVCS LEASE                                         | NJ HLTH CARE FA 5% 9/15/2029                                                                   | CUSIP: 64579XEE0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    155000 | PA      | $169683.91    | 0.01%             | 2029-09-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| NJ HLTH CARE FACS FING AUTH DEPT HUMAN SVCS LEASE                                         | NJ HLTH CARE FA 5% 9/15/2027                                                                   | CUSIP: 64579XEN0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    585000 | PA      | $609835.88    | 0.02%             | 2027-09-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| NJ HLTH CARE FACS FING AUTH DEPT HUMAN SVCS LEASE                                         | NJ HLTH CARE FA 5% 9/15/2028                                                                   | CUSIP: 64579XEP5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    245000 | PA      | $261944.54    | 0.01%             | 2028-09-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| PORT OAKLAND CALIF REV                                                                    | PORT OAKLAND CA 5% 5/1/2028 @                                                                  | CUSIP: 735000VJ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1705000 | PA      | $1790333.89   | 0.06%             | 2028-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| HIGHER ED STUDENT ASSISTANCE AUTH NJ STUDENT LN REV                                       | NJ STUD LOAN 5% 12/1/2027@                                                                     | CUSIP: 646080XU0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2700000 | PA      | $2801783.79   | 0.09%             | 2027-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MARYLAND ST ECON DEV CORP REV                                                             | MD EDC 5% 6/1/2026                                                                             | CUSIP: 574205GT1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $602962.20    | 0.02%             | 2026-06-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| TENDER OPT BD TR RCPTS / CTFS VAR STS                                                     | BRIGHTLINE FL PASSENGER RAIL 2024-XF1704-NUV E-AGM(RC)/RC D7@                                  | CUSIP: 88035HZ25<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3610000 | PA      | $3610000.00   | 0.11%             | 2053-07-01      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| TENDER OPT BD TR RCPTS / CTFS VAR STS                                                     | BRIGHTLINE FL PASSENGER RAIL 2024-XG0577-NUV E-AGM(BC)/BC D1@                                  | CUSIP: 88035HZ74<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1400000.00   | 0.04%             | 2053-07-01      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| BOERNE TX ISD                                                                             | BOERNE TX ISD 4% MT                                                                            | CUSIP: 097067NQ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1295000 | PA      | $1329650.96   | 0.04%             | 2054-02-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST                                                                               | IL ST 5% 5/1/2026                                                                              | CUSIP: 452153JH3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1506370.80   | 0.05%             | 2026-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST                                                                               | IL ST 5% 5/1/2027                                                                              | CUSIP: 452153JJ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2920000 | PA      | $3007951.28   | 0.10%             | 2027-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST                                                                               | IL ST 5% 5/1/2028                                                                              | CUSIP: 452153JK6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    625000 | PA      | $659576.19    | 0.02%             | 2028-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST                                                                               | IL ST 5% 5/1/2029                                                                              | CUSIP: 452153JL4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1079000.70   | 0.03%             | 2029-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CHANDLER AZ INDL DEVE AUTH IDR                                                            | CHANDLER AZ IDR 4% MT@                                                                         | CUSIP: 158862CE0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4115005.60   | 0.13%             | 2049-06-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| NORTHERN ARIZ UNIV CTFS PARTN                                                             | NORTHE AZ U COP 5% 9/1/2026                                                                    | CUSIP: 664751DP6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1540000 | PA      | $1561365.04   | 0.05%             | 2026-09-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MIZUHO FLOATER / RESIDUAL TR VAR STS                                                      | IL FIN AUTH UNIV CHICAGO MED CTR 2024-MIZ9167 MZ/MZ D1                                         | CUSIP: 60700HVR7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2000000.00   | 0.06%             | 2034-05-15      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CA PUB PWR AUTH                                                                  | SOUTHERN CA PUB 5% 9/1/2029                                                                    | CUSIP: 84247PNB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    650000 | PA      | $692799.58    | 0.02%             | 2029-09-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| HALIFAX CNTY VA INDL DEV AUTH POLLUTION CTL REV VRDO IAM COML PAPER 3/A2 SER 1992         | HALIFAX CNTY VA 3.8% MT                                                                        | CUSIP: 40579PAE1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2160000 | PA      | $2197894.61   | 0.07%             | 2041-12-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| WISE CNTY VA INDL DEV AUTH SOLID WASTE and SEW DISP REV                                   | WISE VA IDA SW 3.8% MT                                                                         | CUSIP: 977228AF2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2800000 | PA      | $2849122.64   | 0.09%             | 2040-11-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| WISE CNTY TEX LEASE REV                                                                   | WISE CNTY TEX L 5% 8/15/2027                                                                   | CUSIP: 977195AX4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1024362.70   | 0.03%             | 2027-08-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| BURKE CNTY GA DEV AUTH PCR                                                                | BURKE GA PCR 3.7% MT                                                                           | CUSIP: 121342QM4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1165000 | PA      | $1192692.87   | 0.04%             | 2032-10-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| FORT BEND TX INDPT SCH DIST                                                               | FT BEND TX ISD 4% 8/1/2054                                                                     | CUSIP: 346843VT9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10218179.00  | 0.32%             | 2054-08-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| MILWAUKEE WI                                                                              | MILWAUKEE 5% 4/1/2028                                                                          | CUSIP: 602366W28<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1690000 | PA      | $1776691.09   | 0.06%             | 2028-04-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| NORTH EAST INDPT SCH DIST TX                                                              | NE TX ISD 3.75% 8/1/2049 MT                                                                    | CUSIP: 659155QL2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3895000 | PA      | $3956310.42   | 0.13%             | 2049-08-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS HSG FIN AGY                                                                 | MA ST HSG FIN A 3.60% 12/1/2026                                                                | CUSIP: 57586VCM3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  14985000 | PA      | $14994170.82  | 0.48%             | 2026-12-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| METROPOLITAN WASH DC ARPTS ATH                                                            | MTRO WA DC ARPT 5% 10/1/2026 @                                                                 | CUSIP: 592647MJ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1695000 | PA      | $1721160.46   | 0.05%             | 2026-10-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| FLORIDA HSG FIN CORP MLTFMY RV                                                            | FL HFC MF 3.8% 6/1/2042 MT                                                                     | CUSIP: 34073JVE6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1370000 | PA      | $1371285.75   | 0.04%             | 2042-06-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| METROPOLITAN WASH DC ARPTS ATH                                                            | MTRO WA DC ARPT 5% 10/1/2027 @                                                                 | CUSIP: 592647MK4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3985000 | PA      | $4138053.09   | 0.13%             | 2027-10-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CHATTANOOGA TENN HEALTH EDL and HSG FAC BRD MULTIFAMILY HSG                               | CHATT TN HEHA 3.8% MT                                                                          | CUSIP: 162404DR5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2016585.00   | 0.06%             | 2029-12-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| MAIN STR NAT GAS INC GA GAS SUPPLY REV                                                    | MAIN STR NAT GA 5% 12/1/2026                                                                   | CUSIP: 56035DHM7<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |    875000 | PA      | $888815.99    | 0.03%             | 2026-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| OKLAHOMA ST INDS AUTH EDL FACSLEASE REV                                                   | OKLAHOMA ST IND 5% 4/1/2027                                                                    | CUSIP: 67910FAC8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3230000 | PA      | $3326122.54   | 0.11%             | 2027-04-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| OKLAHOMA ST INDS AUTH EDL FACSLEASE REV                                                   | OKLAHOMA ST IND 5% 4/1/2029                                                                    | CUSIP: 67910FAE4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3244009.80   | 0.10%             | 2029-04-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| EL PASO TEX                                                                               | EL PASO TX 5% 8/15/2026                                                                        | CUSIP: 2837347A3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    840000 | PA      | $850273.70    | 0.03%             | 2026-08-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| EL PASO TEX                                                                               | EL PASO TX 5% 8/15/2027                                                                        | CUSIP: 2837347B1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $623537.64    | 0.02%             | 2027-08-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| PARK CITY KANS                                                                            | PARK CITY KS 3.625% 10/1/2027                                                                  | CUSIP: 700222F98<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5002617.00   | 0.16%             | 2027-10-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST HSG DEV AUTH MFREV                                                            | MI HDA MF 3.8% MT                                                                              | CUSIP: 594650UL5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2006388.00   | 0.06%             | 2041-07-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| CREEK CNTY OKLA EDL FACS AUTHEDL FACS LEASE REV                                           | CREEK OK 225472 5% 9/1/2029                                                                    | CUSIP: 225472BY4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2143095.80   | 0.07%             | 2029-09-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CREEK CNTY OKLA EDL FACS AUTHEDL FACS LEASE REV                                           | CREEK OK 225472 5% 9/1/2027                                                                    | CUSIP: 225472BX6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2650000 | PA      | $2738198.63   | 0.09%             | 2027-09-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| DISTRICT COLUMBIA HSG FIN MULT                                                            | DC HSG MF 3.65% MT                                                                             | CUSIP: 25477PQA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1790000 | PA      | $1815196.22   | 0.06%             | 2028-07-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| KENTUCKY INC KY PUB ENERGY AUTH GAS SUPPLY REV                                            | KENTUCKY INC KY 5% 8/1/2026                                                                    | CUSIP: 74440DEP5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $252197.58    | 0.01%             | 2026-08-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| KENTUCKY INC KY PUB ENERGY AUTH GAS SUPPLY REV                                            | KENTUCKY INC KY 5% 2/1/2027                                                                    | CUSIP: 74440DEQ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    365000 | PA      | $372067.93    | 0.01%             | 2027-02-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| UNIVERSITY WASH UNIV REVS                                                                 | UNIV WASHINGTON 5% 4/1/2026 PRE                                                                | CUSIP: 91523NZL3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    260000 | PA      | $260579.18    | 0.01%             | 2026-04-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| SMHA FIN PUB FAC CORP TEX MULTIFAMILY HSG REV                                             | SAN MARCOS 3.7% MT                                                                             | CUSIP: 78454QAB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3695000 | PA      | $3748925.94   | 0.12%             | 2028-07-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| WISCONSIN ST HEALTH and EDL FACSAUTH REV                                                  | WISCONSIN ST H 5% 2/15/2027                                                                    | CUSIP: 97712JKD4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    790000 | PA      | $809909.90    | 0.03%             | 2027-02-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WISCONSIN ST HEALTH and EDL FACSAUTH REV                                                  | WISCONSIN ST H 5% 2/15/2028                                                                    | CUSIP: 97712JKE2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    515000 | PA      | $538034.56    | 0.02%             | 2028-02-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WISCONSIN ST HEALTH and EDL FACSAUTH REV                                                  | WISCONSIN ST H 5% 2/15/2029                                                                    | CUSIP: 97712JKF9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1910000 | PA      | $2036221.40   | 0.06%             | 2029-02-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WISCONSIN HSG and ECONOMIC DEV AUTH MULTIFAMILY HSG                                       | WI MHSG 5% MT                                                                                  | CUSIP: 97689RFF6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3250000 | PA      | $3319629.95   | 0.11%             | 2058-11-01      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| ARIZONA ST INDL DEV AUTH MULTIFAMILY HSG REV                                              | ARIZONA ST INDL 5% MT                                                                          | CUSIP: 04062PCC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3034171.80   | 0.10%             | 2058-02-01      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| SHARON WIS UTIL SYS REV                                                                   | SHARO WI 5% 12/1/2026                                                                          | CUSIP: 819857AR4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2150000 | PA      | $2162435.17   | 0.07%             | 2026-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| UNIVWRISYT WIS HSP and CLNCS AUTH                                                         | UNIV WI HOSP 5% 4/1/2026                                                                       | CUSIP: 915260EX7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $501044.70    | 0.02%             | 2026-04-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| DALLAS TEX HSG FIN CORP MULTI FAMILY HSG REV                                              | DALLAS MHSG 5% MT                                                                              | CUSIP: 235298BV7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1785000 | PA      | $1802586.53   | 0.06%             | 2027-08-01      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| NEW HAMPSHIRE HEALTH and ED FACSAUTH REV MEMORIAL HOSP                                    | NEW HAMPSHIRE H 3.3% MT                                                                        | CUSIP: 64461XJX4<br>LEI: 549300CNCK7OT82W5653 | Long             | DBT              | MUN               | US        |   8030000 | PA      | $8088239.18   | 0.26%             | 2040-06-01      | Variable      | 0.03%                 | No            |                  2 | On Loan: No      |
| NEW HAMPSHIRE HEALTH and ED FACSAUTH REV MEMORIAL HOSP                                    | NEW HAMPSHIRE H 3.3% MT                                                                        | CUSIP: 64461XJY2<br>LEI: 549300CNCK7OT82W5653 | Long             | DBT              | MUN               | US        |    500000 | PA      | $503626.35    | 0.02%             | 2040-06-01      | Variable      | 0.03%                 | No            |                  2 | On Loan: No      |
| NEW HAMPSHIRE HEALTH and ED FACSAUTH REV MEMORIAL HOSP                                    | NEW HAMPSHIRE H 3.3% MT                                                                        | CUSIP: 64461XJZ9<br>LEI: 549300CNCK7OT82W5653 | Long             | DBT              | MUN               | US        |   2750000 | PA      | $2769944.93   | 0.09%             | 2038-06-01      | Variable      | 0.03%                 | No            |                  2 | On Loan: No      |
| NEW HAMPSHIRE HEALTH and ED FACSAUTH REV MEMORIAL HOSP                                    | NEW HAMPSHIRE H 3.3% MT                                                                        | CUSIP: 64461XKA2<br>LEI: 549300CNCK7OT82W5653 | Long             | DBT              | MUN               | US        |   3740000 | PA      | $3767125.10   | 0.12%             | 2038-06-01      | Variable      | 0.03%                 | No            |                  2 | On Loan: No      |
| DETROIT MI                                                                                | DETROIT MI 5% 5/1/2026                                                                         | CUSIP: 2510936G0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1130000 | PA      | $1133840.08   | 0.04%             | 2026-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| DETROIT MI                                                                                | DETROIT MI 5% 5/1/2027                                                                         | CUSIP: 2510936H8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1190000 | PA      | $1219911.36   | 0.04%             | 2027-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| DETROIT MI                                                                                | DETROIT MI 5% 5/1/2028                                                                         | CUSIP: 2510936J4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    650000 | PA      | $680182.62    | 0.02%             | 2028-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| DETROIT MI                                                                                | DETROIT MI 5% 5/1/2029                                                                         | CUSIP: 2510936K1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    290000 | PA      | $309693.35    | 0.01%             | 2029-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| DETROIT MI                                                                                | DETROIT MI 5% 5/1/2030                                                                         | CUSIP: 2510936L9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    305000 | PA      | $331611.40    | 0.01%             | 2030-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| DETROIT MI                                                                                | DETROIT MI 5% 5/1/2031                                                                         | CUSIP: 2510936M7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    320000 | PA      | $353738.46    | 0.01%             | 2031-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| DETROIT MI                                                                                | DETROIT MI 5% 5/1/2032                                                                         | CUSIP: 2510936N5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    335000 | PA      | $374944.86    | 0.01%             | 2032-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MIAMI-DADE CNTY FLA AVIAT REV                                                             | MIAMI-DADE AVI 5% 10/1/2028 @                                                                  | CUSIP: 59333P7E2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4100000 | PA      | $4345241.91   | 0.14%             | 2028-10-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| VERMONT HSG FIN AGY                                                                       | VT HSG FIN AGY 3.50% 11/1/2026                                                                 | CUSIP: 924190G21<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2954000 | PA      | $2956588.59   | 0.09%             | 2026-11-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| AUSTIN AFFORDABLE PFC INC TEXMULTIFAMILY HSG REV                                          | AUSTIN AFFORDAB 5% MT                                                                          | CUSIP: 05217TAS3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1050000 | PA      | $1088270.72   | 0.03%             | 2028-09-01      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| SOUTH CAROLINA ST SVC AUTH REV                                                            | SC PUB SVC 5% 12/1/2027                                                                        | CUSIP: 8371513L1<br>LEI: EMBXY64GWKA9MZGFUD26 | Long             | DBT              | MUN               | US        |    550000 | PA      | $576582.11    | 0.02%             | 2027-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| SOUTH CAROLINA ST SVC AUTH REV                                                            | SC PUB SVC 5% 12/1/2028                                                                        | CUSIP: 8371513M9<br>LEI: EMBXY64GWKA9MZGFUD26 | Long             | DBT              | MUN               | US        |    550000 | PA      | $590980.01    | 0.02%             | 2028-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MINNEAPOLIS MET AIRPORT COMMIS                                                            | MN MAC PORT REV 5% 1/1/2027 @                                                                  | CUSIP: 603827N69<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4755000 | PA      | $4849796.63   | 0.15%             | 2027-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| METROPOLITAN PIER and EXPOSITION AUTH ILL DEDICATED ST TAX REV                            | MET PIER and EXPO 5% 6/15/2029                                                                 | CUSIP: 592250FW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1675000 | PA      | $1738776.80   | 0.06%             | 2029-06-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST MTG AGY HOMEOWNERMTG REV                                                      | NEW YORK ST MTG 3.85% 4/1/2027 @                                                               | CUSIP: 64988YZM2<br>LEI: 549300ZQWNLLIG564027 | Long             | DBT              | MUN               | US        |    775000 | PA      | $782314.53    | 0.02%             | 2027-04-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST MTG AGY HOMEOWNERMTG REV                                                      | NEW YORK ST MTG 3.80% 10/1/2026 @                                                              | CUSIP: 64988YZL4<br>LEI: 549300ZQWNLLIG564027 | Long             | DBT              | MUN               | US        |    680000 | PA      | $683047.83    | 0.02%             | 2026-10-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST MTG AGY HOMEOWNERMTG REV                                                      | NEW YORK ST MTG 3.75% 4/1/2026 @                                                               | CUSIP: 64988YZK6<br>LEI: 549300ZQWNLLIG564027 | Long             | DBT              | MUN               | US        |    295000 | PA      | $295174.08    | 0.01%             | 2026-04-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| BLACK BELT ENERGY GAS DIST ALAGAS PROJ REV                                                | BLACK BELT ENE 5% 7/1/2027                                                                     | CUSIP: 09182TDP9<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1287924.88   | 0.04%             | 2027-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| BLACK BELT ENERGY GAS DIST ALAGAS PROJ REV                                                | BLACK BELT ENE 5% 7/1/2026                                                                     | CUSIP: 09182TDN4<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1763091.58   | 0.06%             | 2026-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| PORT PORTLAND OR ARPT REV                                                                 | PORTLND OR ARPT 5% 7/1/2028 @                                                                  | CUSIP: 7352404M2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    720000 | PA      | $762178.75    | 0.02%             | 2028-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| PORT PORTLAND OR ARPT REV                                                                 | PORTLND OR ARPT 5% 7/1/2029 @                                                                  | CUSIP: 7352404N0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2860000 | PA      | $3096512.28   | 0.10%             | 2029-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| NEW YORK CITY GO                                                                          | NYC NY 5% 8/1/2028                                                                             | CUSIP: 64966SFR2<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |   2700000 | PA      | $2884191.84   | 0.09%             | 2028-08-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CLIFTON TEX HIGHER ED FIN CORP ED REV                                                     | CLIFTON TEX HIG 5% 8/15/2026                                                                   | CUSIP: 187145SD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    715000 | PA      | $723225.00    | 0.02%             | 2026-08-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CLIFTON TEX HIGHER ED FIN CORP ED REV                                                     | CLIFTON TEX HIG 5% 8/15/2027                                                                   | CUSIP: 187145SE8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1275000 | PA      | $1322043.80   | 0.04%             | 2027-08-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CUYAHOGA OHIO MET HSG AUTH MULTIFAMILY HSG REV                                            | CUYAHOGA OHI 0% 2/1/2028                                                                       | CUSIP: 23239TAF8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4440000 | PA      | $4473805.72   | 0.14%             | 2028-02-01      | Variable      | 0.03%                 | No            |                  2 | On Loan: No      |
| TENDER OPT BD TR RCPTS / CTFS VAR STS                                                     | CHICAGO OHARE 2023 XF1457 D1 @                                                                 | CUSIP: 88035E5E9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1385000 | PA      | $1385000.00   | 0.04%             | 2053-01-01      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| NORWALK CONN HSG AUTH MULTIFAMILY HSG REV                                                 | NORWALK CONN HS 3.05% MT                                                                       | CUSIP: 668865AB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5026666.50   | 0.16%             | 2058-09-01      | Variable      | 0.03%                 | No            |                  2 | On Loan: No      |
| LANCASTER MUNICIPAL AUTHORITY                                                             | LANCASTER MUNIC 5% 5/1/2027                                                                    | CUSIP: 514350AC1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $204707.48    | 0.01%             | 2027-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| LANCASTER MUNICIPAL AUTHORITY                                                             | LANCASTER MUNIC 5% 5/1/2028                                                                    | CUSIP: 514350AD9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    210000 | PA      | $218995.06    | 0.01%             | 2028-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| ALASKA ST                                                                                 | AK ST 5% 8/1/2026                                                                              | CUSIP: 0117706B5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    840000 | PA      | $849918.80    | 0.03%             | 2026-08-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| ALASKA ST                                                                                 | AK ST 5% 8/1/2027                                                                              | CUSIP: 0117706C3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    465000 | PA      | $483649.15    | 0.02%             | 2027-08-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| ALASKA ST                                                                                 | AK ST 5% 8/1/2028                                                                              | CUSIP: 0117706D1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    185000 | PA      | $197462.60    | 0.01%             | 2028-08-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| COOK CNTY ILL SALES TAX REV                                                               | COOK CNY IL STR 5% 11/15/2027                                                                  | CUSIP: 213248EA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $522780.80    | 0.02%             | 2027-11-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| KATY TX IS                                                                                | KATY TX ISD 4% MT                                                                              | CUSIP: 486063V49<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6000000 | PA      | $6042994.20   | 0.19%             | 2050-08-15      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| BURKE CNTY GA DEV AUTH PCR                                                                | BURKE CNTY GA 3.3% MT                                                                          | CUSIP: 121342QN2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2028777.20   | 0.06%             | 2049-12-01      | Variable      | 0.03%                 | No            |                  2 | On Loan: No      |
| ARIZONA ST INDL DEV AUTH MULTIFAMILY HSG REV                                              | ARIZONA ST INDL MT 5% 3/1/2058                                                                 | CUSIP: 04062PCD1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3048546.30   | 0.10%             | 2058-03-01      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| PROVIDENCE R I PUB BLDGS AUTHREV                                                          | PROVI RI 5% 9/15/2027                                                                          | CUSIP: 74381MCU7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1037508.50   | 0.03%             | 2027-09-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| RENO TAHOE ARPT AUTH NV ARPT REV                                                          | RENO TAHOE ARPT 5% 7/1/2027 @                                                                  | CUSIP: 759874BR0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $206373.64    | 0.01%             | 2027-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| RENO TAHOE ARPT AUTH NV ARPT REV                                                          | RENO TAHOE ARPT 5% 7/1/2028 @                                                                  | CUSIP: 759874BS8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    225000 | PA      | $235518.75    | 0.01%             | 2028-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| RENO TAHOE ARPT AUTH NV ARPT REV                                                          | RENO TAHOE ARPT 5% 7/1/2029 @                                                                  | CUSIP: 759874BT6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    580000 | PA      | $618180.47    | 0.02%             | 2029-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WAYNE ST UNIV MI UNIV REVS                                                                | WAYNE ST U MI 5% 11/15/2027                                                                    | CUSIP: 946303H49<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $523217.65    | 0.02%             | 2027-11-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CAPITAL AREA HSG FIN CORP TEX MULTI FAMILY HSG REV                                        | CAP AREA HFC TX 3.125% MT                                                                      | CUSIP: 139726CZ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2660000 | PA      | $2686064.01   | 0.09%             | 2029-09-01      | Variable      | 0.03%                 | No            |                  2 | On Loan: No      |
| KNOXVILLE CNTY TENN HEALTH EDL and HSG FAC BRD MULTIFAMILY HSGREV                         | KNOXV TN 3.1% MT                                                                               | CUSIP: 499652AT2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2315000 | PA      | $2328009.14   | 0.07%             | 2029-09-01      | Variable      | 0.03%                 | No            |                  2 | On Loan: No      |
| INDIANA FIN AUTH HEALTH FAC REV                                                           | INDIANA FIN AUT 5% 3/1/2027                                                                    | CUSIP: 45471CCV8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    230000 | PA      | $235450.31    | 0.01%             | 2027-03-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| INDIANA FIN AUTH HEALTH FAC REV                                                           | INDIANA FIN AUT 5% 3/1/2028                                                                    | CUSIP: 45471CCW6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    340000 | PA      | $354813.90    | 0.01%             | 2028-03-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| INDIANA FIN AUTH HEALTH FAC REV                                                           | INDIANA FIN AUT 5% 3/1/2029                                                                    | CUSIP: 45471CCX4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    380000 | PA      | $404577.30    | 0.01%             | 2029-03-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| INDIANA FIN AUTH HEALTH FAC REV                                                           | INDIANA FIN AUT 5% 3/1/2030                                                                    | CUSIP: 45471CCY2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $542313.80    | 0.02%             | 2030-03-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| RHODE ISLAND HEALTH AND EDUCATIONAL BUILDING CORP                                         | RHODE ISLAND HEALTH AND EDUCATIONAL BUILDING CORP 5% 5/15/2028                                 | CUSIP: 76219MAA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    900000 | PA      | $954199.71    | 0.03%             | 2028-05-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| RHODE ISLAND HEALTH AND EDUCATIONAL BUILDING CORP                                         | RHODE ISLAND HE 5% 5/15/2029                                                                   | CUSIP: 76219MAB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    800000 | PA      | $869320.32    | 0.03%             | 2029-05-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| ARIZONA HEALTH FACS AUTH REV                                                              | AZ HLTH REV 3.09% 1/1/2046                                                                     | CUSIP: 040507QT5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2020000 | PA      | $2006528.22   | 0.06%             | 2046-01-01      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| GEORGIA MUN ELEC AUTH PWR REV                                                             | GA MEAG 5% 1/1/2027                                                                            | CUSIP: 62620HKB7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    420000 | PA      | $429913.60    | 0.01%             | 2027-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| GEORGIA MUN ELEC AUTH PWR REV                                                             | GA MEAG 5% 1/1/2028                                                                            | CUSIP: 62620HKC5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    375000 | PA      | $394045.35    | 0.01%             | 2028-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| OHIO ST AIR QUALITY DEV AUTH                                                              | OH AIR QUAL 3.65% 12/1/2027 @                                                                  | CUSIP: 677525XB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3575000 | PA      | $3606222.98   | 0.11%             | 2027-12-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| OHIO ST AIR QUALITY DEV AUTH                                                              | OH AIR QUAL 3.20% 5/1/2026                                                                     | CUSIP: 677525WY9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3275000 | PA      | $3275704.13   | 0.10%             | 2026-05-01      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| RURAL WTR FING AGY KY PUB PROJS REV                                                       | RURAL WTR FING 3.05% 5/1/2027                                                                  | CUSIP: 781741CW1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5000822.50   | 0.16%             | 2027-05-01      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| BASELINE MET DIST NO 1 SPL REVCOLO                                                        | BASELINE MET DI 5% 12/1/2027                                                                   | CUSIP: 069826AG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1045326.10   | 0.03%             | 2027-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| YUMA AZ INDL DEV AUTH HOSP REV                                                            | YUMA AZ HOSP 5% 8/1/2027                                                                       | CUSIP: 988514CH6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $776766.00    | 0.02%             | 2027-08-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| YUMA AZ INDL DEV AUTH HOSP REV                                                            | YUMA AZ HOSP 5% 8/1/2028                                                                       | CUSIP: 988514CJ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $743276.59    | 0.02%             | 2028-08-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST STRATEGIC FD LTD OBLIG REV                                                    | MI STRAT FND 3.35% MT@                                                                         | CUSIP: 594698TK8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3465000 | PA      | $3479848.91   | 0.11%             | 2049-10-01      | Variable      | 0.03%                 | No            |                  2 | On Loan: No      |
| BRIDGEPORT CT                                                                             | BRIDGEPORT CT 5% 7/1/2027                                                                      | CUSIP: 108152MR7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $207441.68    | 0.01%             | 2027-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| BRIDGEPORT CT                                                                             | BRIDGEPORT CT 5% 7/1/2028                                                                      | CUSIP: 108152MS5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1328056.50   | 0.04%             | 2028-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| LANCASTER PORT AUTH OH GAS REV                                                            | LANCASTER PORT 5% MT                                                                           | CUSIP: 514401BN7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2765000 | PA      | $2987212.54   | 0.09%             | 2055-02-01      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| MAIN STR NAT GAS INC GA GAS SUPPLY REV                                                    | MAIN STR NAT GA 5% MT                                                                          | CUSIP: 56035DHZ8<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1089121.50   | 0.03%             | 2054-04-01      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| PALM BEACH CNTY FL ARPT SYS                                                               | PALM BCH ARPT 5% 10/1/2026 @                                                                   | CUSIP: 696499FA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    105000 | PA      | $106461.76    | 0.00%             | 2026-10-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| PALM BEACH CNTY FL ARPT SYS                                                               | PALM BCH ARPT 5% 10/1/2027 @                                                                   | CUSIP: 696499FB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2100000 | PA      | $2179328.34   | 0.07%             | 2027-10-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| PALM BEACH CNTY FL ARPT SYS                                                               | PALM BCH ARPT 5% 10/1/2028 @                                                                   | CUSIP: 696499FC1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1330894.25   | 0.04%             | 2028-10-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| SOUTHEAST ENERGY AUTHORITY A COOPERATIVE DISTRICT                                         | SOUTHEAST ENERGY AUTHORITY A COOPERATIVE DISTRICT 5% 11/1/2026                                 | CUSIP: 84136HAA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    395000 | PA      | $400977.30    | 0.01%             | 2026-11-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| SOUTHEAST ENERGY AUTHORITY A COOPERATIVE DISTRICT                                         | SOUTHEAST EN AL 5% 11/1/2027                                                                   | CUSIP: 84136HAB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    895000 | PA      | $926586.70    | 0.03%             | 2027-11-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| SOUTHEAST ENERGY AUTHORITY A COOPERATIVE DISTRICT                                         | SOUTHEAST EN AL 5% 11/1/2028                                                                   | CUSIP: 84136HAC7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1054537.60   | 0.03%             | 2028-11-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| SOUTHEAST ENERGY AUTHORITY A COOPERATIVE DISTRICT                                         | SOUTHEAST EN AL 5% 11/1/2029                                                                   | CUSIP: 84136HAD5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1070140.00   | 0.03%             | 2029-11-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CHICAGO IL OHARE INTL ARPT REV                                                            | CHICAGO OHARE 5% 1/1/2028 @                                                                    | CUSIP: 1675935L2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6580000 | PA      | $6867040.66   | 0.22%             | 2028-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CHICAGO IL OHARE INTL ARPT REV                                                            | CHICAGO OHARE 5% 1/1/2027 @                                                                    | CUSIP: 1675935K4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7500000 | PA      | $7649521.50   | 0.24%             | 2027-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| DEWEY CNTY OKLA EDL FACS AUTHEDL FACS LEASE REV                                           | DEWEY CNTY OKLA 5% 9/1/2026                                                                    | CUSIP: 252020AJ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1230000 | PA      | $1245281.52   | 0.04%             | 2026-09-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| PHILADELPHIA PA AUTH FOR INDL DEV HOSP REV                                                | PHIL PA CHOP 24B-2 Q=JP V1                                                                     | CUSIP: 717901CE0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10000000.00  | 0.32%             | 2054-07-01      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV                                   | CALIFORNIA CMY 5% 9/1/2027                                                                     | CUSIP: 13013JEC6<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1137332.35   | 0.04%             | 2027-09-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| TENDER OPT BD TR RCPTS / CTFS VAR STS                                                     | MD STADIUM AUTH 2024-XF1758-BNY Q=JP D7                                                        | CUSIP: 88035JVJ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1700000 | PA      | $1700000.00   | 0.05%             | 2054-06-01      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| NEW ORLEANS LA AVIATION BOARD                                                             | N ORLEANS AVIAT 5% 1/1/2027@                                                                   | CUSIP: 64763HLY9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1430000 | PA      | $1458508.77   | 0.05%             | 2027-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| NEW ORLEANS LA AVIATION BOARD                                                             | N ORLEANS AVIAT 5% 1/1/2028@                                                                   | CUSIP: 64763HLZ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2690000 | PA      | $2807346.41   | 0.09%             | 2028-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| TEXARKANA TEX INDPT SCH DIST                                                              | TEXAR TX 4% 2/15/2053 MT                                                                       | CUSIP: 881847VM6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2835000 | PA      | $2855314.76   | 0.09%             | 2053-02-15      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| LEE COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY/FL                                            | LEE COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY/FL V7                                              | CUSIP: 52350LAA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9800000 | PA      | $9800000.00   | 0.31%             | 2049-04-01      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| TEXAS MUNICIPAL GAS ACQUISITION and SUPPLY CORP V                                         | TEXAS MUNICIPAL 5% 1/1/2027                                                                    | CUSIP: 88256RAB2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $508744.55    | 0.02%             | 2027-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CHATTANOOGA TENN HEALTH EDL and HSG FAC BRD MULTIFAMILY HSG                               | CHATT TN HEHA 3.6% MT                                                                          | CUSIP: 162404DT1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4090000 | PA      | $4151255.11   | 0.13%             | 2048-06-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST HIGHER EDL FACS AUTH REV                                                  | PA THOS JEFF UNIV 24D1 L=BA V1                                                                 | CUSIP: 70917TSS1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5000000.00   | 0.16%             | 2061-11-01      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| MARYLAND ST DEPT TRANSN SPL TRANSN PROJ REV                                               | MARYLAND ST DEP 5% 8/1/2028@                                                                   | CUSIP: 57421FBD8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1450000 | PA      | $1532324.19   | 0.05%             | 2028-08-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| BLACK BELT ENERGY GAS DIST ALAGAS PROJ REV                                                | BLACK BELT ENE 5% 11/1/2026                                                                    | CUSIP: 09182TED5<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   2225000 | PA      | $2257370.64   | 0.07%             | 2026-11-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| BLACK BELT ENERGY GAS DIST ALAGAS PROJ REV                                                | BLACK BELT ENE 5% 11/1/2029                                                                    | CUSIP: 09182TEG8<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   4500000 | PA      | $4807881.45   | 0.15%             | 2029-11-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| HAWAII ST HSG FIN and DEV CORP MULTIFAMILY REV                                            | HI ST HSG FIN 3.3% MT                                                                          | CUSIP: 41981PCG4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4205000 | PA      | $4256772.80   | 0.14%             | 2029-12-01      | Variable      | 0.03%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA MUN FIN AUTH SOLID WASTE DISP REV                                              | CA ST MFA SW 4.25% MT@                                                                         | CUSIP: 13048RAR8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $700000.00    | 0.02%             | 2046-11-01      | Variable      | 0.03%                 | No            |                  2 | On Loan: No      |
| MANHATTAN KS                                                                              | MANHATAN KS 5% 6/15/2028                                                                       | CUSIP: 562895XA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6000000 | PA      | $6039075.00   | 0.19%             | 2028-06-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| NEW CANEY TX INDPT SCH DIST NEW                                                           | NEW CANEY TX NE 5% 2/15/2029                                                                   | CUSIP: 643154LG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1511891.92   | 0.05%             | 2029-02-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CHICAGO IL WASTEWATER TXMN REV                                                            | CHICAGO WW 5% 1/1/2030                                                                         | CUSIP: 167727K47<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1825000 | PA      | $1997505.75   | 0.06%             | 2030-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| AUSTIN TX ELEC UTIL SYS REV                                                               | AUSTIN TX ELEC 5% 11/15/2028                                                                   | CUSIP: 052414VU0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1880436.95   | 0.06%             | 2028-11-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| GARLAND TEX ELEC UTIL SYS REV                                                             | GARLAND TX E and U 5% 3/1/2028                                                                 | CUSIP: 366133TN6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1475702.48   | 0.05%             | 2028-03-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| OMAHA NE ARPT AUTH ARPT REV                                                               | OMAHA NE ARPT 5% 12/15/2027 @                                                                  | CUSIP: 681725MR5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1041510.10   | 0.03%             | 2027-12-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT ST SPL TAX OBLIG                                                              | CT SPEC TAX 5% 7/1/2028                                                                        | CUSIP: 207758T52<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    605000 | PA      | $644913.54    | 0.02%             | 2028-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| UT HSG CORP MULTIFAMILY REV                                                               | UT HSG MF 3.4%/VAR 2/1/2028                                                                    | CUSIP: 917434DJ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1516638.45   | 0.05%             | 2028-02-01      | Variable      | 0.03%                 | No            |                  2 | On Loan: No      |
| OKLAHOMA HSG FIN AGY COLLATERALIZED REV                                                   | OKLAH OK 67886U 3.35% MT                                                                       | CUSIP: 67886UAR2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2280000 | PA      | $2293906.40   | 0.07%             | 2027-12-01      | Variable      | 0.03%                 | No            |                  2 | On Loan: No      |
| WARNER ROBINS GA HSG AUTH MULTIFAMILY REV                                                 | WARNE GA 934604 5% MT                                                                          | CUSIP: 934604AM1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2611140.00   | 0.08%             | 2029-02-01      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| MIAMI DADE CNTY FL HSG FIN AUTH MULTIFAMILY HSG REV                                       | MIAMI-DADE MFH 3.4% 1/1/2045                                                                   | CUSIP: 593344BY9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5049034.50   | 0.16%             | 2045-01-01      | Variable      | 0.03%                 | No            |                  2 | On Loan: No      |
| WESTFIELD WASHINGTON IND MULTI                                                            | WSTFLD WA SCH 5% 7/15/2027                                                                     | CUSIP: 96023PNJ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $517142.75    | 0.02%             | 2027-07-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WESTFIELD WASHINGTON IND MULTI                                                            | WSTFLD WA SCH 5% 7/15/2028                                                                     | CUSIP: 96023PNL5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1175000 | PA      | $1242952.84   | 0.04%             | 2028-07-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WESTFIELD WASHINGTON IND MULTI                                                            | WSTFLD WA SCH 5% 1/15/2029                                                                     | CUSIP: 96023PNM3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    450000 | PA      | $481223.16    | 0.02%             | 2029-01-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WESTFIELD WASHINGTON IND MULTI                                                            | WSTFLD WA SCH 5% 7/15/2029                                                                     | CUSIP: 96023PNN1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $650127.18    | 0.02%             | 2029-07-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| NJ ST HSG and MTG FIN AGY MFR                                                             | NJ ST HMFA MF1 3.375% 11/1/2027                                                                | CUSIP: 6461084M9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2250000 | PA      | $2273992.43   | 0.07%             | 2027-11-01      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| ST JOHN BAPTIST PARISH LA REV                                                             | ST JOHN BAP REV 3.3% 6/1/2037 MT                                                               | CUSIP: 79020FBB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2034724.60   | 0.06%             | 2037-06-01      | Variable      | 0.03%                 | No            |                  2 | On Loan: No      |
| FLORIDA ATLANTIC UNIVERSITY FINANCE CORP                                                  | FLORIDA ATLANTI 5% 7/1/2028                                                                    | CUSIP: 31200CEE2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $529606.30    | 0.02%             | 2028-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| FLORIDA ATLANTIC UNIVERSITY FINANCE CORP                                                  | FLORIDA ATLANTI 5% 7/1/2029                                                                    | CUSIP: 31200CEF9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    625000 | PA      | $676414.19    | 0.02%             | 2029-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| NEW HAVEN CT                                                                              | NEW_HAVEN CT 5% 8/1/2028                                                                       | CUSIP: 645021DL7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    710000 | PA      | $754686.62    | 0.02%             | 2028-08-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| SANTA FE CNTY N MEX MULTIFAMILY REV                                                       | SANTA NM 3.29% 12/10/2049 MT                                                                   | CUSIP: 80189NAD6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3027061.80   | 0.10%             | 2049-12-10      | Variable      | 0.03%                 | No            |                  2 | On Loan: No      |
| LINCOLN NEB MULTIFAMILY HSG REV                                                           | LINCOLN NEB MUL 3.37% MT                                                                       | CUSIP: 534307AC7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2260000 | PA      | $2290666.39   | 0.07%             | 2048-01-10      | Variable      | 0.03%                 | No            |                  2 | On Loan: No      |
| ALAMO TEX AREA HSG FIN CORP MULTIFAMILY HSG REV                                           | ALAMO TEX AREA 3.39% MT                                                                        | CUSIP: 011414AB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6000000 | PA      | $6107608.80   | 0.19%             | 2044-07-10      | Variable      | 0.03%                 | No            |                  2 | On Loan: No      |
| COMMUNITY ROOTS HOUSING FOUNDATION                                                        | COMMUNITY ROOTS HOUSING FOUNDATION 3.4% MT                                                     | CUSIP: 20403EAA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5165000 | PA      | $5242302.49   | 0.17%             | 2029-02-01      | Variable      | 0.03%                 | No            |                  2 | On Loan: No      |
| MISSOURI ST HEALTH and EDL FACS                                                           | MO HEFA REV 5% 2/1/2027                                                                        | CUSIP: 60635H4E6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    970000 | PA      | $985653.57    | 0.03%             | 2027-02-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| SOUTHEAST ENERGY AUTHORITY A COOPERATIVE DISTRICT                                         | SOUTHEAST EN AL 5% 6/1/2030                                                                    | CUSIP: 84136HAW3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    175000 | PA      | $187977.83    | 0.01%             | 2030-06-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| SOUTHEAST ENERGY AUTHORITY A COOPERATIVE DISTRICT                                         | SOUTHEAST EN AL 5% 6/1/2031                                                                    | CUSIP: 84136HAX1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    325000 | PA      | $351095.81    | 0.01%             | 2031-06-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| SOUTHEAST ENERGY AUTHORITY A COOPERATIVE DISTRICT                                         | SOUTHEAST EN AL 5% 6/1/2032                                                                    | CUSIP: 84136HAY9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    825000 | PA      | $892626.08    | 0.03%             | 2032-06-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| PITTSBURGH PA WTR and SWR AUTH                                                            | PITT WTR and SWR 5% 9/1/2028                                                                   | CUSIP: 725304YU7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    275000 | PA      | $292965.53    | 0.01%             | 2028-09-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| PITTSBURGH PA WTR and SWR AUTH                                                            | PITT WTR and SWR 5% 9/1/2029                                                                   | CUSIP: 725304YV5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    275000 | PA      | $301000.92    | 0.01%             | 2029-09-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| PITTSBURGH PA WTR and SWR AUTH                                                            | PITT WTR and SWR 5% 9/1/2030                                                                   | CUSIP: 725304YW3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $223509.14    | 0.01%             | 2030-09-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| PITTSBURGH PA WTR and SWR AUTH                                                            | PITT WTR and SWR 5% 9/1/2031                                                                   | CUSIP: 725304YX1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $341671.83    | 0.01%             | 2031-09-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| PITTSBURGH PA WTR and SWR AUTH                                                            | PITT WTR and SWR 5% 9/1/2032                                                                   | CUSIP: 725304YY9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    385000 | PA      | $445361.96    | 0.01%             | 2032-09-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| PITTSBURGH PA WTR and SWR AUTH                                                            | PITT WTR and SWR 5% 9/1/2033                                                                   | CUSIP: 725304YZ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $410601.21    | 0.01%             | 2033-09-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MIAMI DADE CNTY FL HSG FIN AUTH MULTIFAMILY HSG REV                                       | MIAMI-DADE MFH 0% 3/1/2029 MT                                                                  | CUSIP: 593344CA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2037051.60   | 0.06%             | 2029-03-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| ROUND ROCK TX INDPT SCH DIST                                                              | ROUNDRCK TX ISD 5% 8/1/2044                                                                    | CUSIP: 779240RD4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3336484.20   | 0.11%             | 2044-08-01      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| DISTRICT COLUMBIA HSG FIN MULT                                                            | DC HSG MF 5% 3/1/2028                                                                          | CUSIP: 25477PQC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1025000 | PA      | $1070493.81   | 0.03%             | 2028-03-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST DEV FIN AGY RV                                                           | MASSACHUSET REV 5% 1/1/2027                                                                    | CUSIP: 57585BDF2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    505000 | PA      | $512721.75    | 0.02%             | 2027-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CLEMSON UNIV S C HIGHER ED REV                                                            | CLEMSON UNIV SC 5% 5/1/2028                                                                    | CUSIP: 185630C73<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    435000 | PA      | $460289.20    | 0.01%             | 2028-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CLEMSON UNIV S C HIGHER ED REV                                                            | CLEMSON UNIV SC 5% 5/1/2029                                                                    | CUSIP: 185630C81<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    475000 | PA      | $515411.34    | 0.02%             | 2029-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CLEMSON UNIV S C HIGHER ED REV                                                            | CLEMSON UNIV SC 5% 5/1/2030                                                                    | CUSIP: 185630C99<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    390000 | PA      | $432409.26    | 0.01%             | 2030-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| TENDER OPT BD TR RCPTS / CTFS VAR STS                                                     | SAN JOSE CA MF HSG 2025-CF7005 CI/CI D7                                                        | CUSIP: 88035JNX6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1991484 | PA      | $1991484.00   | 0.06%             | 2048-09-01      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| DECATUR GA HSG AUTH MULTIFAMILY HSG REV                                                   | DECATUR GA HSG 3.6% 8/1/2028 MT                                                                | CUSIP: 24311PAE8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1225000 | PA      | $1240772.86   | 0.04%             | 2028-08-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| INDIANA MUN PWR AGY PWR SUPPLY                                                            | IN MUNI PWR 5% 1/1/2027                                                                        | CUSIP: 454898YD3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4093445.60   | 0.13%             | 2027-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| SOUTH JERSEY TR AU NJ TR SY RV                                                            | S JERSEY TRANS 5% 11/1/2028                                                                    | CUSIP: 838536NC0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1075186.60   | 0.03%             | 2028-11-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| DISTRICT COLUMBIA HSG FIN AGY MULTIFAMILY HSG MTG REV 3                                   | DISTRICT COLUB 5% 3/1/2029 MT                                                                  | CUSIP: 25477TBB2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1425000 | PA      | $1484819.22   | 0.05%             | 2029-03-01      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| TRIBOROUGH BRDG and TUNL NY RETT                                                          | TRIBOROUGH BRID 5% 12/1/2027                                                                   | CUSIP: 896032AC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2100928.60   | 0.07%             | 2027-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WASHINGTON ST HEALTH CARE FACS AUTH REV                                                   | WA ST HLTH CAR 5% 3/1/2028                                                                     | CUSIP: 93978HZC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    610000 | PA      | $640099.96    | 0.02%             | 2028-03-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WASHINGTON ST HEALTH CARE FACS AUTH REV                                                   | WA ST HLTH CAR 5% 3/1/2027                                                                     | CUSIP: 93978HZB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $513295.50    | 0.02%             | 2027-03-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| ATLANTA GA URBAN RESDTL FIN AUTH MF HSG REV                                               | ATLANTA GA URBAN RESDTL FIN 3.4% MT                                                            | CUSIP: 04785VBX1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2530402.25   | 0.08%             | 2029-02-01      | Variable      | 0.03%                 | No            |                  2 | On Loan: No      |
| APPLING CNTY GA DEV AUTH PCR                                                              | GA OGLETHORPE PWR HATCH 13A V7                                                                 | CUSIP: 038315EX1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  13030000 | PA      | $13030000.00  | 0.41%             | 2038-01-01      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| MAIN STR NAT GAS INC GA GAS SUPPLY REV                                                    | MAIN STR NAT GA 5% 6/1/2026                                                                    | CUSIP: 56035DJL7<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |    700000 | PA      | $703793.44    | 0.02%             | 2026-06-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MAIN STR NAT GAS INC GA GAS SUPPLY REV                                                    | MAIN STR NAT GA 5% 12/1/2027                                                                   | CUSIP: 56035DJP8<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1037749.80   | 0.03%             | 2027-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MAIN STR NAT GAS INC GA GAS SUPPLY REV                                                    | MAIN STR NAT GA 5% 12/1/2028                                                                   | CUSIP: 56035DJR4<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |    750000 | PA      | $792584.93    | 0.03%             | 2028-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MAIN STR NAT GAS INC GA GAS SUPPLY REV                                                    | MAIN STR NAT GA 5% 6/1/2030                                                                    | CUSIP: 56035DJU7<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |    250000 | PA      | $271150.65    | 0.01%             | 2030-06-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MAIN STR NAT GAS INC GA GAS SUPPLY REV                                                    | MAIN STR NAT GA 5% MT                                                                          | CUSIP: 56035DJZ6<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   1115000 | PA      | $1224177.46   | 0.04%             | 2055-06-01      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| SAN JOAQUIN VALLEY CLEAN ENERGY AUTHORITY                                                 | SAN JOAQUIN VALLEY CLEAN ENERGY AUTHORITY 5% 7/1/2028                                          | CUSIP: 79811YAB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1045829.00   | 0.03%             | 2028-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| SAN JOAQUIN VALLEY CLEAN ENERGY AUTHORITY                                                 | SAN JOAQUIN VAL 5% 7/1/2029                                                                    | CUSIP: 79811YAC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1125000 | PA      | $1196847.79   | 0.04%             | 2029-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| TENDER OPT BD TR RCPTS / CTFS VAR STS                                                     | CAP TRUST FL MVM LANDFILL 2025-YX1371-FUN BC/BC D1@                                            | CUSIP: 88035MFU4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1400000.00   | 0.04%             | 2044-12-01      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| SOUTHEAST ENERGY AUTHORITY A COOPERATIVE DISTRICT                                         | SOUTHEAST EN AL 5% 7/1/2028                                                                    | CUSIP: 84136HBH5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1294421.75   | 0.04%             | 2028-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| SOUTHEAST ENERGY AUTHORITY A COOPERATIVE DISTRICT                                         | SOUTHEAST EN AL 5% 1/1/2029                                                                    | CUSIP: 84136HBJ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1310000 | PA      | $1366154.33   | 0.04%             | 2029-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MINNESOTA RURAL WTR FIN AUTH                                                              | MN RURAL WTR 3.30% 8/1/2026                                                                    | CUSIP: 60411PBE0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2001073.00   | 0.06%             | 2026-08-01      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| KENTUCKY INC KY PUB ENERGY AUTH GAS SUPPLY REV                                            | KENTUCKY INC KY 5.250% MT                                                                      | CUSIP: 74440DFN9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1080779.80   | 0.03%             | 2055-06-01      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| MONMOUTH CNTY NJ IMPT AUTH REV                                                            | MONMOUTH CNTY NJ IMP AUTH G=MONMOUTH CO NJ 3/13/26 BAN                                         | CUSIP: 60956PS78<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000464.40   | 0.03%             | 2026-03-13      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| GREATER ORLANDO AVIATION AUTH                                                             | GT ORLANDO ARPT 5% 10/1/2029 @                                                                 | CUSIP: 392274Q25<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $507071.15    | 0.02%             | 2029-10-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| GREATER ORLANDO AVIATION AUTH                                                             | GT ORLANDO ARPT 5% 10/1/2034 @                                                                 | CUSIP: 392274Q74<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1014142.30   | 0.03%             | 2034-10-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| GREATER ORLANDO AVIATION AUTH                                                             | GT ORLANDO ARPT 5% 10/1/2035 @                                                                 | CUSIP: 392274Q82<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1014142.30   | 0.03%             | 2035-10-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| GREATER ORLANDO AVIATION AUTH                                                             | GT ORLANDO ARPT 5% 10/1/2027 @                                                                 | CUSIP: 392274P91<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $507071.15    | 0.02%             | 2027-10-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| GREATER ORLANDO AVIATION AUTH                                                             | GT ORLANDO ARPT 5% 10/1/2033 @                                                                 | CUSIP: 392274Q66<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1012743.70   | 0.03%             | 2033-10-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| GREATER ORLANDO AVIATION AUTH                                                             | GT ORLANDO ARPT 5% 10/1/2030 @                                                                 | CUSIP: 392274Q33<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1014142.30   | 0.03%             | 2030-10-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| TRUMBULL CNTY OH                                                                          | TRUMBULL CO OH 4% 3/12/2026                                                                    | CUSIP: 898133ZN6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2200000 | PA      | $2200763.84   | 0.07%             | 2026-03-12      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| PORT PORT ARTHUR TX NAV DIST                                                              | PORT PORT ARTH 5% 3/1/2028 @                                                                   | CUSIP: 735218HN2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1645000 | PA      | $1679901.64   | 0.05%             | 2028-03-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| RACINE WI UNI SCH DIST                                                                    | RACINE WI USD 5% 4/1/2026                                                                      | CUSIP: 750046SU9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    125000 | PA      | $125266.21    | 0.00%             | 2026-04-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| RACINE WI UNI SCH DIST                                                                    | RACINE WI USD 5% 4/1/2027                                                                      | CUSIP: 750046SV7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $154362.93    | 0.00%             | 2027-04-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| RACINE WI UNI SCH DIST                                                                    | RACINE WI USD 5% 4/1/2028                                                                      | CUSIP: 750046SW5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    175000 | PA      | $184524.46    | 0.01%             | 2028-04-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| RACINE WI UNI SCH DIST                                                                    | RACINE WI USD 5% 4/1/2029                                                                      | CUSIP: 750046SX3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $269938.78    | 0.01%             | 2029-04-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| NEW MEXICO MUN ENERGY ACQUISITION AUTH GAS SUPPLY REV                                     | NM GAS PREPAY 5% MT                                                                            | CUSIP: 647207BL2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1255000 | PA      | $1359945.48   | 0.04%             | 2054-06-01      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| SAINT LOUIS MO INDL DEV AUTH                                                              | ST LOUIS MO MFH 3.15% 4/1/2046 MT                                                              | CUSIP: 791900FX6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3800000 | PA      | $3824077.56   | 0.12%             | 2046-04-01      | Variable      | 0.03%                 | No            |                  2 | On Loan: No      |
| ORANGE TWP NJ                                                                             | ORANGE TWP CITY ESSEX CNTY NJ 3/18/26 BAN                                                      | CUSIP: 685312NP1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4700000 | PA      | $4702809.19   | 0.15%             | 2026-03-18      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| KENTUCKY ST PTY and BLDGS COMMN                                                           | KY ST PROP 132A 4/1/26                                                                         | CUSIP: 49151F4M9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1375000 | PA      | $1378088.94   | 0.04%             | 2026-04-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WASHINGTON CO NY                                                                          | WASHINGTON CNTY NY 3/20/26 BAN                                                                 | CUSIP: 938123HY5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2300000 | PA      | $2301713.73   | 0.07%             | 2026-03-20      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| OKLAHOMA HSG FIN AGY COLLATERALIZED REV                                                   | OKLAH OK 3.2% MT                                                                               | CUSIP: 67886UAS0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1503639.15   | 0.05%             | 2042-10-01      | Variable      | 0.03%                 | No            |                  2 | On Loan: No      |
| ALBANY NY                                                                                 | ALBANY CITY NY 3/20/26 BAN                                                                     | CUSIP: 012429CF1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10400000 | PA      | $10406508.32  | 0.33%             | 2026-03-20      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| NEW YORK N Y CITY TRANSITIONALFIN AUTH REV                                                | NEW YORK AUTH 5% 11/1/2027                                                                     | CUSIP: 64972JSK5<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |   3355000 | PA      | $3518046.96   | 0.11%             | 2027-11-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| COLUMBIA GA HSG AU MLTI FAM RV                                                            | COLUMBIA MHSG 0% 4/1/2028                                                                      | CUSIP: 199123CN8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1280976.00   | 0.04%             | 2028-04-01      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| BURKE CNTY GA DEV AUTH PCR                                                                | BURKE GA PCR 3.35% 11/1/2048                                                                   | CUSIP: 121342QP7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6000000 | PA      | $6118744.20   | 0.19%             | 2048-11-01      | Variable      | 0.03%                 | No            |                  2 | On Loan: No      |
| MONROE CNTY GA DEV AUTH PCR                                                               | MONROE GA PCR 3.35% 11/1/2048                                                                  | CUSIP: 610530FZ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    610000 | PA      | $620895.52    | 0.02%             | 2048-11-01      | Variable      | 0.03%                 | No            |                  2 | On Loan: No      |
| KINGFISHER CNTY OKLA INDPT SCHDIST NO 89 CASHION                                          | KINGF OK 49570P 5% 5/1/2027                                                                    | CUSIP: 49570PDL2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2175000 | PA      | $2224606.97   | 0.07%             | 2027-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| AMERICAN MUN PWR REV                                                                      | AMERICAN MUN OH 5% 2/15/2027                                                                   | CUSIP: 02765USZ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    695000 | PA      | $711070.00    | 0.02%             | 2027-02-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| AMERICAN MUN PWR REV                                                                      | AMERICAN MUN OH 5% 2/15/2028                                                                   | CUSIP: 02765UTA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    480000 | PA      | $502151.42    | 0.02%             | 2028-02-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WEST HAVEN CT                                                                             | W HAVEN CITY CT 3/26/26 BAN                                                                    | CUSIP: 9531402P4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1025000 | PA      | $1025987.18   | 0.03%             | 2026-03-26      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| BINGHAMTON NY                                                                             | BINGHAMTON CITY NY 4/10/26 BAN                                                                 | CUSIP: 0904912K6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9300000 | PA      | $9313500.81   | 0.30%             | 2026-04-10      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CA DEPT ARPTS REV                                                             | LA CA AIRPT 5% 5/15/2028 @                                                                     | CUSIP: 5444452H1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6515000 | PA      | $6883380.25   | 0.22%             | 2028-05-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CA DEPT ARPTS REV                                                             | LA CA AIRPT 5% 5/15/2026 @                                                                     | CUSIP: 5444453E7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3310000 | PA      | $3327841.23   | 0.11%             | 2026-05-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| ILLINOIS FIN AUTHRV                                                                       | ILLINOIS FN RV 5% 1/1/2028                                                                     | CUSIP: 45204FG41<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    465000 | PA      | $489483.83    | 0.02%             | 2028-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| ILLINOIS FIN AUTHRV                                                                       | ILLINOIS FN RV 5% 7/1/2029                                                                     | CUSIP: 45204FG74<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2181827.60   | 0.07%             | 2029-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| ILLINOIS FIN AUTHRV                                                                       | ILLINOIS FN RV 5% 1/1/2027                                                                     | CUSIP: 45204FG25<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1275000 | PA      | $1305638.51   | 0.04%             | 2027-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| JACKSON TN HEALTH and HSG MFH RV                                                          | JACKSON TN MFH 4% 4/1/2045                                                                     | CUSIP: 468741BY8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2034083.60   | 0.06%             | 2045-04-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| COBB CNTY GA KENNESTONE HOSP                                                              | GA WELLSTAR HLTH 25A L=BA V7                                                                   | CUSIP: 190813TK1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5000000.00   | 0.16%             | 2047-04-01      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST                                                                             | CA ST 5% 3/1/2028                                                                              | CUSIP: 13063EMP8<br>LEI: 9845007J7054602FF597 | Long             | DBT              | MUN               | US        |     65000 | PA      | $65147.79     | 0.00%             | 2028-03-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| SHAWNEE CNTY KS MF HSG REVENUE                                                            | COUNTY OF SHAWNEE KS 3.75% 5/1/2059 MT                                                         | CUSIP: 82056AAA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1700000 | PA      | $1719927.74   | 0.05%             | 2059-05-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| TENDER OPT BD TR RCPTS / CTFS VAR STS                                                     | LA HSG CORP REV 2025-XF3347-AMR MZ/MZ D7                                                       | CUSIP: 88035MS55<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1400000.00   | 0.04%             | 2042-07-01      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| HOUSING OPTIONS INC TEX MULTIFAMILY REV                                                   | HSG OPTIONS INC 3.75% MT                                                                       | CUSIP: 44183TAM5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3064383.00   | 0.10%             | 2045-11-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| VALLEY STREAM N Y                                                                         | VALLEY STREM NY 5.125% 5/8/2026                                                                | CUSIP: 920100X58<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3006138.30   | 0.10%             | 2026-05-08      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| FLAGLER CNTY FL SCH BRD CTFS PARTN                                                        | FLAGLER CNTY FL 5% 8/1/2029                                                                    | CUSIP: 33840MDE3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2166383.60   | 0.07%             | 2029-08-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| PALM BEACH CNTY FL SCH BRD                                                                | PALM BCH SCH BR 5% 8/1/2029                                                                    | CUSIP: 696550M25<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    720000 | PA      | $785083.82    | 0.02%             | 2029-08-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| INDIANAPOLIS IND LOC PIB IMPTBD BK LO INCOME TAX REV                                      | INDIANAPOLIS IR 5% 7/15/2028                                                                   | CUSIP: 45527CDG4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    275000 | PA      | $292999.05    | 0.01%             | 2028-07-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| INDIANAPOLIS IND LOC PIB IMPTBD BK LO INCOME TAX REV                                      | INDIANAPOLIS IR 5% 7/15/2029                                                                   | CUSIP: 45527CDJ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    475000 | PA      | $517904.42    | 0.02%             | 2029-07-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| INDIANAPOLIS IND LOC PIB IMPTBD BK LO INCOME TAX REV                                      | INDIANAPOLIS IR 5% 1/15/2030                                                                   | CUSIP: 45527CDK5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    175000 | PA      | $192673.11    | 0.01%             | 2030-01-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| INDIANAPOLIS IND LOC PIB IMPTBD BK LO INCOME TAX REV                                      | INDIANAPOLIS IR 5% 7/15/2030                                                                   | CUSIP: 45527CDL3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    275000 | PA      | $305342.46    | 0.01%             | 2030-07-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| DUVAL CNTY FLA SCH BRD CTFS PT                                                            | DUVAL FL SD COP 5% 7/1/2029                                                                    | CUSIP: 267169HP8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1088625.70   | 0.03%             | 2029-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MINNESOTA ST HSG FIN AGY                                                                  | MN HFA 3.70% 8/1/2026                                                                          | CUSIP: 60416UTZ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2001287.00   | 0.06%             | 2026-08-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| LAKE CNTY FLA SCH BRD COP                                                                 | LAKE FL SB COP 5% 6/1/2028                                                                     | CUSIP: 50825JLZ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1375453.56   | 0.04%             | 2028-06-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY INST TECHNOLOGY                                                                | NEW JERSEY INST 5% 7/1/2029                                                                    | CUSIP: 64579RDM6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    580000 | PA      | $631812.39    | 0.02%             | 2029-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY INST TECHNOLOGY                                                                | NEW JERSEY INST 5% 7/1/2030                                                                    | CUSIP: 64579RDN4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    460000 | PA      | $512370.31    | 0.02%             | 2030-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| HARRIS CNTY TX CULTURAL ED FACS FIN CORP REV                                              | HARRIS TX CED 0% 5/15/2050                                                                     | CUSIP: 414009TH3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2736573.00   | 0.09%             | 2050-05-15      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| BROWARD CNTY FL SCHOOL GO                                                                 | BROWARD FL SD 5% 7/1/2028                                                                      | CUSIP: 115067MH0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2105000 | PA      | $2236545.87   | 0.07%             | 2028-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| TENDER OPT BD TR RCPTS / CTFS VAR STS                                                     | WESTERN MI UNIV 2025-YX1397-MLN E-AGC/Q=BC D7                                                  | CUSIP: 88035PBT4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4440000 | PA      | $4440000.00   | 0.14%             | 2054-11-15      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| HARRIS CNTY TEX HOSP DIST                                                                 | HARRIS CY TEX 5% 2/15/2029                                                                     | CUSIP: 41415UBH8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2146861.40   | 0.07%             | 2029-02-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| NORTHSIDE TX INDPT SCH DIST                                                               | NTHSIDE TX ISD 3.55% MT                                                                        | CUSIP: 66702RR79<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7325000 | PA      | $7488270.59   | 0.24%             | 2050-06-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| INDIANA ST FIN AUTH REV                                                                   | IN FIN REV 5% 2/1/2030                                                                         | CUSIP: 45506EMT7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5471132.00   | 0.17%             | 2030-02-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CA PUB PWR AUTH PROJ                                                             | SCPPA PROJ 3.7% 7/1/2040 MT                                                                    | CUSIP: 842475R80<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3017291.10   | 0.10%             | 2040-07-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| ROCKPORT IND POLLUTION CTL REV                                                            | ROCKPORT IN PCR 3.7% 6/1/2047 MT                                                               | CUSIP: 773835BY8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5120000 | PA      | $5244435.46   | 0.17%             | 2047-06-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| WEST VIRGINIA ECONOMIC DEV AUTH SOLD WASTE DISP FACS REV                                  | WV EDA SLD WAST 3.7% MT                                                                        | CUSIP: 95648VBW8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1023964.50   | 0.03%             | 2042-12-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| HIGHER ED STUDENT ASSISTANCE AUTH NJ STUDENT LN REV                                       | NJ STUD LOAN 5% 12/1/2027 @                                                                    | CUSIP: 646080YD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1900000 | PA      | $1971625.63   | 0.06%             | 2027-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| HIGHER ED STUDENT ASSISTANCE AUTH NJ STUDENT LN REV                                       | NJ STUD LOAN 5% 12/1/2028 @                                                                    | CUSIP: 646080YE5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2118293.20   | 0.07%             | 2028-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| TENDER OPT BD TR RCPTS / CTFS VAR STS                                                     | 2025 LOAN HOLDI 2025 MS0041 D7                                                                 | CUSIP: 88035PHF8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5000000.00   | 0.16%             | 2026-05-01      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| HIGHER ED STUDENT ASSISTANCE AUTH NJ STUDENT LN REV                                       | NJ HGR ED STUD LOAN 25-2 MT@                                                                   | CUSIP: 646080YZ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2010543.20   | 0.06%             | 2056-12-01      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| MOUNT VERNON N Y                                                                          | MOUNT VERNON 5% 5/29/2026                                                                      | CUSIP: 623589QK7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4013132.00   | 0.13%             | 2026-05-29      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| LEANDER TX INDPT SCH DIST                                                                 | LEANDER TX ISD 0% 8/15/2028                                                                    | CUSIP: 521841T48<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    950000 | PA      | $891772.13    | 0.03%             | 2028-08-15      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| LEANDER TX INDPT SCH DIST                                                                 | LEANDER TX ISD 0% 8/15/2029                                                                    | CUSIP: 521841T63<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $547885.32    | 0.02%             | 2029-08-15      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| LANCASTER CNTY PA HOSP AUT REV                                                            | LANCASTER H AUT 5% 11/1/2026                                                                   | CUSIP: 514045Y23<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1020000 | PA      | $1035692.39   | 0.03%             | 2026-11-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| LANCASTER CNTY PA HOSP AUT REV                                                            | LANCASTER H AUT 5% 11/1/2027                                                                   | CUSIP: 514045Y31<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1160000 | PA      | $1202820.59   | 0.04%             | 2027-11-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| BRISTOL-WARREN RI REGL SCH DIS                                                            | BRISTOL-WAR RI 5% 06/04/26 BAN                                                                 | CUSIP: 110377DP0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5031802.00   | 0.16%             | 2026-06-04      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| FORT BEND CNTY TEX TOLL RD REV                                                            | FORT TX TOLL R 5% 3/1/2028                                                                     | CUSIP: 346817EX3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $526835.70    | 0.02%             | 2028-03-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| KNOXVILLE TENN CMNTY DEV CORPMULTIFAMILY REV                                              | KNOXV TN 499743 0% 12/1/2029                                                                   | CUSIP: 499743CX8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3262000 | PA      | $3307083.12   | 0.10%             | 2029-12-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| LANSING MICH SCH DIST                                                                     | LANSING MICH SC 5% 5/1/2029                                                                    | CUSIP: 516444UJ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $216549.54    | 0.01%             | 2029-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| LANCASTER OH                                                                              | LANCASTER OH 4.125% 6/10/2026                                                                  | CUSIP: 514246JD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1505718.30   | 0.05%             | 2026-06-10      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| MISSION TX ECONIMC DEV CORP SOLID WASTE DISP REV                                          | MISSION TX EDC 3.95% MT@                                                                       | CUSIP: 605155BX7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2400000 | PA      | $2400000.00   | 0.08%             | 2055-06-01      | Variable      | 0.03%                 | No            |                  2 | On Loan: No      |
| MISSISSIPPI DEV BK SPL OBL                                                                | MISSISSIPPI DEO 5% 6/1/2029                                                                    | CUSIP: 60534XR40<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    175000 | PA      | $189968.17    | 0.01%             | 2029-06-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CLIFTON TEX HIGHER ED FIN CORP ED REV                                                     | CLIFTON TEX HIG 5% 2/15/2027                                                                   | CUSIP: 187145UV7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3072914.10   | 0.10%             | 2027-02-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CLIFTON TEX HIGHER ED FIN CORP ED REV                                                     | CLIFTON TEX HIG 5% 2/15/2028                                                                   | CUSIP: 187145UW5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1150000 | PA      | $1206754.23   | 0.04%             | 2028-02-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| METROPOLITAN WASH DC ARPTS ATH                                                            | MTRO WA DC ARPT 5% 10/1/2027 @                                                                 | CUSIP: 592647NJ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    550000 | PA      | $571124.02    | 0.02%             | 2027-10-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WARRENSVILLE HEIGHTS OH                                                                   | WRNSVLLE OH 4.50% 6/24/2026                                                                    | CUSIP: 936104LS5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2011141.80   | 0.06%             | 2026-06-24      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| MOBILE AL IDB POLLUTN CTL REV                                                             | MOBILE AL IDB 3.375% MT                                                                        | CUSIP: 607167EA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    235000 | PA      | $239998.47    | 0.01%             | 2034-06-01      | Variable      | 0.03%                 | No            |                  2 | On Loan: No      |
| COLORADO HSG and FIN AUTH MULTIFAMILY HSG REV                                             | CO HSG and FIN 0% 7/1/2044                                                                     | CUSIP: 19647PDX8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1145000 | PA      | $1160994.73   | 0.04%             | 2044-07-01      | Variable      | 0.03%                 | No            |                  2 | On Loan: No      |
| MONTCLAIR STATE UNIVERSITY NJ                                                             | MONTCLAIR STATE 5% 7/1/2028                                                                    | CUSIP: 612232AC2<br>LEI: 549300LQ4GTF89QODQ90 | Long             | DBT              | CORP              | US        |   1250000 | PA      | $1326678.50   | 0.04%             | 2028-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| HUDSON CNTY NJ IMPT AUTH LEASE REV                                                        | HUDSON CNTY NJ IMP AUTH G=HUDSON CNTY 25B-1 6/24/26 RAN                                        | CUSIP: 443728GN4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4400000 | PA      | $4422055.00   | 0.14%             | 2026-06-24      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| CLIFTON TEX HIGHER ED FIN CORP ED REV                                                     | CLIFTON TEX HIG 5% 8/15/2027                                                                   | CUSIP: 187145VT1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2015000 | PA      | $2089347.66   | 0.07%             | 2027-08-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CLIFTON TEX HIGHER ED FIN CORP ED REV                                                     | CLIFTON TEX HIG 5% 8/15/2026                                                                   | CUSIP: 187145VS3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    800000 | PA      | $809202.80    | 0.03%             | 2026-08-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| DELAWARE OH                                                                               | DELAWARE OH 4.125% 4/16/2026                                                                   | CUSIP: 246181UQ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3506745.55   | 0.11%             | 2026-04-16      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| SAN DIEGO CNTY CA REG ARPT AUTH ARPT REV                                                  | SAN DIEGO ARPT 5% 7/1/2029 @                                                                   | CUSIP: 79739GSL1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1680000 | PA      | $1821737.57   | 0.06%             | 2029-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| OHIO HSG FIN AGY MF HSG REV                                                               | OH HFA MF 3.35% MT                                                                             | CUSIP: 676900XU2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4054492.40   | 0.13%             | 2043-07-01      | Variable      | 0.03%                 | No            |                  2 | On Loan: No      |
| TEMPLE TEX UTIL SYS REV                                                                   | TEMPL TX 880162 5% 8/1/2028                                                                    | CUSIP: 880162LN0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $533291.70    | 0.02%             | 2028-08-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| TEMPLE TEX UTIL SYS REV                                                                   | TEMPL TX 880162 5% 8/1/2029                                                                    | CUSIP: 880162LP5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $655326.12    | 0.02%             | 2029-08-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| TEMPLE TEX UTIL SYS REV                                                                   | TEMPL TX 880162 5% 8/1/2030                                                                    | CUSIP: 880162LQ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    405000 | PA      | $451230.22    | 0.01%             | 2030-08-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| OK CNTY OKLA FIN AUTH EDL FACS LEASE REV                                                  | OKLAHOMA COUNTY 5% 9/1/2029                                                                    | CUSIP: 67868UKD4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1620000 | PA      | $1706071.41   | 0.05%             | 2029-09-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| EAST SYRACUSE-MINOA NY CENT SD                                                            | E SYRACUSE MINOA NY CSD 6/25/26 BAN                                                            | CUSIP: 275443EX3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3012608.10   | 0.10%             | 2026-06-25      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| BELLEVILLE NJ TAN                                                                         | BELLEVILLE TWP ESSEX CNTY NJ 7/7/26 BAN                                                        | CUSIP: 079098GJ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8100000 | PA      | $8133346.08   | 0.26%             | 2026-07-07      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| THF PUB FAC CORP TEX MULTIFAMILY HSG REV                                                  | THF PUB FAC COR 0% 2/1/2044                                                                    | CUSIP: 883720AE4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2536156.75   | 0.08%             | 2044-02-01      | Variable      | 0.03%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CA                                                                            | LOS ANGELES CITY CA 6/25/26 TRAN                                                               | CUSIP: 544351SF7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9000000 | PA      | $9078198.30   | 0.29%             | 2026-06-25      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WISCONSIN ST HEALTH and EDL FACSAUTH REV                                                  | WISCONSIN ST H 5% 10/1/2029                                                                    | CUSIP: 97712JNJ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2190000 | PA      | $2388571.90   | 0.08%             | 2029-10-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| ESSEX CNTY NJ                                                                             | ESSEX CNTY NJ 7/8/26 BAN                                                                       | CUSIP: 2968044U8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4023046.00   | 0.13%             | 2026-07-08      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| IDAHO HSG and FIN ASSN MULTIFAMILY HSG REV                                                | ID HSG and FIN AMHR 3.35% 6/10/2050 MT                                                         | CUSIP: 45129XBE7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2528668.00   | 0.08%             | 2050-06-10      | Variable      | 0.03%                 | No            |                  2 | On Loan: No      |
| DENTON TEXAS ISD                                                                          | DENTON TX ISD 4% MT                                                                            | CUSIP: 249002NM4<br>LEI: 5493005I9W678SUI0Z07 | Long             | DBT              | MUN               | US        |   8325000 | PA      | $8652343.16   | 0.27%             | 2055-08-15      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| HAMPTON ROADS SAN DIST VA WSTR                                                            | HAMPTON ROADS VA SANIT DIST 25A 7/15/26                                                        | CUSIP: 409327MW0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3225000 | PA      | $3258925.39   | 0.10%             | 2026-07-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| REDMOND OR                                                                                | REDMOND OR 5% 6/1/2030@                                                                        | CUSIP: 757657ZA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    450000 | PA      | $490799.79    | 0.02%             | 2030-06-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| ITHACA CITY NEW YORK                                                                      | ITHACA CITY NY 7/17/26 BAN                                                                     | CUSIP: 465650U80<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1307022.60   | 0.04%             | 2026-07-17      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CALIF PUB PWR AUTH SOUTHN TRANSMISSION SYS RENEWALPROJ REV                       | SOUTHERN CFA 5% MT                                                                             | CUSIP: 842469DL9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1850000 | PA      | $1966607.91   | 0.06%             | 2053-07-01      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| JACKSON ST UNIV EDL BLDG CORP MS REV                                                      | JACKSON ST UNIV .80% 3/1/2028                                                                  | CUSIP: 468714FF2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2430000 | PA      | $2345509.39   | 0.07%             | 2028-03-01      | Variable      | 0.01%                 | No            |                  2 | On Loan: No      |
| EL PASO TEX                                                                               | EL PASO TX 5% 8/15/2027                                                                        | CUSIP: 283735AB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2295000 | PA      | $2385031.47   | 0.08%             | 2027-08-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| EL PASO TEX                                                                               | EL PASO TX 5% 8/15/2028                                                                        | CUSIP: 283735AC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1598070.30   | 0.05%             | 2028-08-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| KING CNTY WASH HSG AUTH HSG RE                                                            | KING CNTY WA MF 5% 7/1/2028                                                                    | CUSIP: 494759SK0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    390000 | PA      | $407406.95    | 0.01%             | 2028-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| KING CNTY WASH HSG AUTH HSG RE                                                            | KING CNTY WA MF 5% 7/1/2030                                                                    | CUSIP: 494759SP9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $378408.80    | 0.01%             | 2030-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| KING CNTY WASH HSG AUTH HSG RE                                                            | KING CNTY WA MF 5% 1/1/2031                                                                    | CUSIP: 494759SQ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    450000 | PA      | $488044.58    | 0.02%             | 2031-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| KING CNTY WASH HSG AUTH HSG RE                                                            | KING CNTY WA MF 5% 1/1/2032                                                                    | CUSIP: 494759SS3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    490000 | PA      | $536313.53    | 0.02%             | 2032-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WI HOSP REV                                                               | PUBLIC FIN WIS 5% 6/1/2028                                                                     | CUSIP: 74442CEU4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1052911.20   | 0.03%             | 2028-06-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| PHOENIX AZ INDL REV AUTH MFH                                                              | PHX AZ IDA MF 0% 2/1/2059                                                                      | CUSIP: 718903RV1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3526604.55   | 0.11%             | 2059-02-01      | Variable      | 0.03%                 | No            |                  2 | On Loan: No      |
| SALT LAKE CITY UT ARPT REV                                                                | SLT LAKE U 5% 7/1/2027@                                                                        | CUSIP: 795576MF1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1341428.66   | 0.04%             | 2027-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| SALT LAKE CITY UT ARPT REV                                                                | SLT LAKE U 5% 7/1/2028@                                                                        | CUSIP: 795576MG9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1800000 | PA      | $1898733.24   | 0.06%             | 2028-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| SALT LAKE CITY UT ARPT REV                                                                | SLT LAKE U 5% 7/1/2032@                                                                        | CUSIP: 795576ML8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1535000 | PA      | $1734124.04   | 0.06%             | 2032-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| HIDALGO CNTY TEX                                                                          | HIDALGO CNTY TX 5% 8/15/2028                                                                   | CUSIP: 429326W64<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    850000 | PA      | $907253.88    | 0.03%             | 2028-08-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| LEE CNTY FL HSG FIN AUTH MFH                                                              | LEE CO FL MFH 3.125% 10/1/2029 MT                                                              | CUSIP: 52349HBK8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1766564.10   | 0.06%             | 2029-10-01      | Variable      | 0.03%                 | No            |                  2 | On Loan: No      |
| TARRANT CNTY TX CULTURAL ED FACS FIN CORP REV                                             | TARRANT TX EDFC 5% MT                                                                          | CUSIP: 87638TJT1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1425000 | PA      | $1541648.65   | 0.05%             | 2064-11-15      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| HOUSTON TX ARPT SYS REV                                                                   | HOUSTON TX ARPT 5% 7/1/2028 @                                                                  | CUSIP: 442349JA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1579141.50   | 0.05%             | 2028-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| HOUSTON TX ARPT SYS REV                                                                   | HOUSTON TX ARPT 5% 7/1/2029 @                                                                  | CUSIP: 442349JB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6000000 | PA      | $6446329.20   | 0.20%             | 2029-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FINANCE AUTHORITY                                                                | MI FIN AUTH 25A1 7/20/26 RAN                                                                   | CUSIP: 59447UAB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10225000 | PA      | $10329545.51  | 0.33%             | 2026-07-20      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| KING CNTY WA SWR REV                                                                      | KING CNTY WA SWR 25 Q=US V1                                                                    | CUSIP: 495290GV4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  15000000 | PA      | $15000000.00  | 0.48%             | 2065-01-01      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA STWD CMNTY DV AU RV                                                            | CA STWD 5% 10/1/2028                                                                           | CUSIP: 13080S2U7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10761449.00  | 0.34%             | 2028-10-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FINANCE AUTHORITY                                                                | MI FIN AUTH LTD 5% 8/20/2025                                                                   | CUSIP: 59447UAC4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    375000 | PA      | $379505.78    | 0.01%             | 2026-08-20      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| SACRAMENTO CNTY CA ARPT SYS RV                                                            | SAC CNTY ARPT 5% 7/1/2029 @                                                                    | CUSIP: 786107WJ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1189498.31   | 0.04%             | 2029-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| KANSAS ST DEV FIN AUTH MULTIFAMILY HSG REV                                                | KS ST DEV FIN A 2.95% 9/1/2059 MT                                                              | CUSIP: 48542TBN9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2610000 | PA      | $2618198.27   | 0.08%             | 2059-09-01      | Variable      | 0.03%                 | No            |                  2 | On Loan: No      |
| ARGYLE TX INDPT SCH DIST                                                                  | ARGYLE TX ISD 4% G=PSF 8/15/2057 MT                                                            | CUSIP: 040319X26<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1470000 | PA      | $1502106.56   | 0.05%             | 2057-08-15      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| ARGYLE TX INDPT SCH DIST                                                                  | ARGYLE TX ISD 4% MT                                                                            | CUSIP: 040319X34<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2270000 | PA      | $2359257.54   | 0.07%             | 2057-08-15      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| TENDER OPT BD TR RCPTS / CTFS VAR STS                                                     | MIAMI-DADE CNTY FL AVIATION 2025-CF7044 E-AG/BH Q=CI D7@                                       | CUSIP: 88035RGV0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6000000 | PA      | $6000000.00   | 0.19%             | 2040-10-01      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| BARTOW CNTY GA DV AU POLLN CTL                                                            | BARTOW GA PCR 2.9% MT                                                                          | CUSIP: 069643BP8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1206259.44   | 0.04%             | 2043-08-01      | Variable      | 0.03%                 | No            |                  2 | On Loan: No      |
| PORT SEATTLE WA REV                                                                       | PORT SEATTLE 5% 10/1/2028 @                                                                    | CUSIP: 7353893K2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1930000 | PA      | $2054900.72   | 0.07%             | 2028-10-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| UT HSG CORP MULTIFAMILY REV                                                               | UT HSG MF 3% MT                                                                                | CUSIP: 917434DL3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1006800.80   | 0.03%             | 2045-09-01      | Variable      | 0.03%                 | No            |                  2 | On Loan: No      |
| PORT SEATTLE WA REV                                                                       | PORT SEATTLE 5% 10/1/2029@                                                                     | CUSIP: 7353893L0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1088552.50   | 0.03%             | 2029-10-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WISE CNTY VA INDL DEV AUTH SOLID WASTE and SEW DISP REV                                   | WISE VA IDA SW 3.125% MT                                                                       | CUSIP: 977228AG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $254697.75    | 0.01%             | 2040-10-01      | Variable      | 0.03%                 | No            |                  2 | On Loan: No      |
| DUTCHESS CNTY NY LOC DEV CORP REV                                                         | DUTCHESS NY LDC 5% 7/1/2026                                                                    | CUSIP: 267045SV5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $201572.10    | 0.01%             | 2026-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| DUTCHESS CNTY NY LOC DEV CORP REV                                                         | DUTCHESS NY LDC 5% 7/1/2028                                                                    | CUSIP: 267045SX1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    325000 | PA      | $341604.93    | 0.01%             | 2028-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| DUTCHESS CNTY NY LOC DEV CORP REV                                                         | DUTCHESS NY LDC 5% 7/1/2027                                                                    | CUSIP: 267045SW3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    230000 | PA      | $236990.39    | 0.01%             | 2027-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| NJ ST HSG and MTG FIN AGY MFR                                                             | NJ ST HMFA MF1 2.90% 11/1/2027                                                                 | CUSIP: 6461087M6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1285000 | PA      | $1288425.81   | 0.04%             | 2027-11-01      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| NJ ST HSG and MTG FIN AGY MFR                                                             | NJ ST HMFA MF1 2.95% 5/1/2028                                                                  | CUSIP: 6461087N4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1070000 | PA      | $1073959.64   | 0.03%             | 2028-05-01      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| NJ ST HSG and MTG FIN AGY MFR                                                             | NJ ST HMFA MF1 2.85% 11/1/2026                                                                 | CUSIP: 6461087L8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2090000 | PA      | $2096098.62   | 0.07%             | 2026-11-01      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| LONG ISLAND PWR AUTH NY ELEC                                                              | LIPA NY 9/1/2055 MT                                                                            | CUSIP: 542691LD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1935000 | PA      | $1951713.56   | 0.06%             | 2055-09-01      | Variable      | 0.03%                 | No            |                  2 | On Loan: No      |
| MONROE CNTY FL SCHOOL DIST                                                                | MONROE FL SCHDS 4% 6/30/2026                                                                   | CUSIP: 610518AU6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6055000 | PA      | $6087704.27   | 0.19%             | 2026-06-30      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| VIRGINIA PORT AUTH PORT FAC RE                                                            | VA ST PORT FAC 5% 7/1/2033 @                                                                   | CUSIP: 928077JH0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    715000 | PA      | $720403.54    | 0.02%             | 2033-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| PORT AUTH NY and NJ                                                                       | PORT NY NJ 5% 10/15/2028 @                                                                     | CUSIP: 73358XRB0<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |   3320000 | PA      | $3538158.53   | 0.11%             | 2028-10-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WEST VIRGINIA ECONOMIC DEV AUTH SOLD WASTE DISP FACS REV                                  | WV EDA SLD WAST 3.3% MT @                                                                      | CUSIP: 95648VBY4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3980000 | PA      | $4037542.04   | 0.13%             | 2041-01-01      | Variable      | 0.03%                 | No            |                  2 | On Loan: No      |
| SOUTH DAKOTA ST HLTH and EDL FAC                                                          | SD HLTH 5% MT                                                                                  | CUSIP: 83755VW75<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    855000 | PA      | $917044.27    | 0.03%             | 2052-11-01      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| SOUTH DAKOTA ST HLTH and EDL FAC                                                          | SD HLTH 5% 11/1/2027                                                                           | CUSIP: 83755VU93<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1565580.00   | 0.05%             | 2027-11-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| BRAZOS TEX HIGHER ED AUTH INCSTUDENT LN PROG REV                                          | BRAZOS TEX HIGH 5% 4/1/2029@                                                                   | CUSIP: 10623ACV3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1050000 | PA      | $1104097.89   | 0.04%             | 2029-04-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| PHILADELPHIA PA AIRPORT REV                                                               | PHIL PA AIRPORT 5% 7/1/2026@                                                                   | CUSIP: 717817YF1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1625000 | PA      | $1637778.68   | 0.05%             | 2026-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| PHILADELPHIA PA AIRPORT REV                                                               | PHIL PA AIRPORT 5% 7/1/2027@                                                                   | CUSIP: 717817YG9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1145000 | PA      | $1181489.09   | 0.04%             | 2027-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| PHILADELPHIA PA AIRPORT REV                                                               | PHIL PA AIRPORT 5% 7/1/2028@                                                                   | CUSIP: 717817YH7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1055084.40   | 0.03%             | 2028-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| PHILADELPHIA PA AIRPORT REV                                                               | PHIL PA AIRPORT 5% 7/1/2030@                                                                   | CUSIP: 717817YK0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    355000 | PA      | $388832.57    | 0.01%             | 2030-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WASHINGTON ST HEALTH CARE FACS AUTH REV                                                   | WA ST HLTH CAR 5% 8/15/2026                                                                    | CUSIP: 93978HB46<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5045000 | PA      | $5099006.73   | 0.16%             | 2026-08-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WASHINGTON ST HEALTH CARE FACS AUTH REV                                                   | WA ST HLTH CAR 5% 8/15/2029                                                                    | CUSIP: 93978HB79<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2105000 | PA      | $2268392.84   | 0.07%             | 2029-08-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| SOUTHEAST OVERTOWN PK WEST CMNTY REDEV AGY FLA TAX INCREMENT REV                          | SOUTHEAST OVERT 5% 3/1/2028                                                                    | CUSIP: 841466AQ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    670000 | PA      | $703047.28    | 0.02%             | 2028-03-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| SOUTHEAST OVERTOWN PK WEST CMNTY REDEV AGY FLA TAX INCREMENT REV                          | SOUTHEAST OVERT 5% 3/1/2028                                                                    | CUSIP: 841466BH7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    745000 | PA      | $781746.60    | 0.02%             | 2028-03-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| HUDSON MA                                                                                 | HUDSON TWN MA 6/11/26 BAN                                                                      | CUSIP: 443852XA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1305118.36   | 0.04%             | 2026-06-11      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| NEW MEXICO MTG FIN AUTH MF HSG REV                                                        | NM MTG MHSG REV 3/1/26 MT                                                                      | CUSIP: 64719HEQ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3495000 | PA      | $3495000.00   | 0.11%             | 2042-02-01      | Variable      | 0.03%                 | No            |                  2 | On Loan: No      |
| MONTANA FACILITY FIN AUTH REV                                                             | MT ST FAC FIN 5% 2/15/2065                                                                     | CUSIP: 61204KPV7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $108193.60    | 0.00%             | 2065-02-15      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| SHELBY CNTY TENN HEALTH EDL and HSG FAC BRD HEALTH CARE REV                               | SHELBY CNT TEN 5% 9/1/2044 MT                                                                  | CUSIP: 821691AD4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $217352.38    | 0.01%             | 2044-09-01      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| KEARNEY MO                                                                                | KEARNEY MO 2% 3/1/2034                                                                         | CUSIP: 486849EU2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    715000 | PA      | $650057.91    | 0.02%             | 2034-03-01      | Fixed         | 0.02%                 | No            |                  2 | On Loan: No      |
| RACINE WIS                                                                                | RACINE WIS 2% 12/1/2033                                                                        | CUSIP: 750022HG3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $223599.78    | 0.01%             | 2033-12-01      | Fixed         | 0.02%                 | No            |                  2 | On Loan: No      |
| DISTRICT COLUMBIA HSG FIN MULT                                                            | DC MFH PARCEL 42 22 MT                                                                         | CUSIP: 25477PQG3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2750000 | PA      | $2753502.68   | 0.09%             | 2041-09-01      | Variable      | 0.03%                 | No            |                  2 | On Loan: No      |
| HIGHLANDS CNTY FL HLTH FACS AU                                                            | FL ADVENT HEALTH 25D Q=PN V1                                                                   | CUSIP: 431022UP5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8820000 | PA      | $8820000.00   | 0.28%             | 2060-11-15      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| HIGHLANDS CNTY FL HLTH FACS AU                                                            | FL ADVENT HEALTH 25C Q=PN V1                                                                   | CUSIP: 431022UN0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2500000.00   | 0.08%             | 2060-11-15      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| FLA HSG FIN CORP MULTIFAMILY MTG REV                                                      | FL MHSG 2.85% 10/1/2043 MT                                                                     | CUSIP: 34074HHM7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2001453.80   | 0.06%             | 2043-10-01      | Variable      | 0.03%                 | No            |                  2 | On Loan: No      |
| TENDER OPT BD TR RCPTS / CTFS VAR STS                                                     | WASH DC MET AREA TRANS 2025-XF8058-FE Q=JP D7                                                  | CUSIP: 88035RXK5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4625000 | PA      | $4625000.00   | 0.15%             | 2060-07-15      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| LONGWOOD CENT SD SUFFOLK CO NY                                                            | LONGWOOD SD NY 4% 9/18/2026                                                                    | CUSIP: 543364JC8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7000000 | PA      | $7035524.30   | 0.22%             | 2026-09-18      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| CONNETQUOT CSD NY ISLIP                                                                   | CONNETQUOT NY CSD 6/24/26 TAN                                                                  | CUSIP: 208201MQ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7000000 | PA      | $7019749.80   | 0.22%             | 2026-06-24      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| ATLANTA GA ARPT REV                                                                       | ATLANTA GA ARPT 5% 7/1/2029 @                                                                  | CUSIP: 04780M2K4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3655000 | PA      | $3957256.07   | 0.13%             | 2029-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| DALLAS FORT WORTH TX INTL ARPT                                                            | DFW ARPT 5% 11/1/2026 @                                                                        | CUSIP: 23503CFM4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5390000 | PA      | $5481130.89   | 0.17%             | 2026-11-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| DALLAS FORT WORTH TX INTL ARPT                                                            | DFW ARPT 5% 11/1/2027 @                                                                        | CUSIP: 23503CFN2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  13170000 | PA      | $13693103.18  | 0.43%             | 2027-11-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| DALLAS FORT WORTH TX INTL ARPT                                                            | DFW ARPT 5% 11/1/2050 MT @                                                                     | CUSIP: 23503CFK8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7500000 | PA      | $8046242.25   | 0.26%             | 2050-11-01      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| TENDER OPT BD TR RCPTS / CTFS VAR STS                                                     | DASNY PIT 2025-ZL0699-BLK Q=BA D7                                                              | CUSIP: 88035RYH1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3400000 | PA      | $3400000.00   | 0.11%             | 2053-03-15      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| BLACK BELT ENERGY GAS DIST ALAGAS PROJ REV                                                | BLACK BELT ENE 5% 2/1/2028                                                                     | CUSIP: 09182TFB8<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |    290000 | PA      | $302582.46    | 0.01%             | 2028-02-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| SOUTHEAST ENERGY AUTHORITY A COOPERATIVE DISTRICT                                         | SOUTHEAST EN AL 5% 9/1/2028                                                                    | CUSIP: 84136HCG6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    930000 | PA      | $975842.12    | 0.03%             | 2028-09-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| SOUTHEAST ENERGY AUTHORITY A COOPERATIVE DISTRICT                                         | SOUTHEAST EN AL 5% 9/1/2029                                                                    | CUSIP: 84136HCH4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    685000 | PA      | $729869.69    | 0.02%             | 2029-09-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| SOUTHEAST ENERGY AUTHORITY A COOPERATIVE DISTRICT                                         | SOUTHEAST EN AL 5% 9/1/2030                                                                    | CUSIP: 84136HCJ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    690000 | PA      | $746659.49    | 0.02%             | 2030-09-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV                                   | CALIFORNIA CMY 5% 10/1/2028                                                                    | CUSIP: 13013JGS9<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   1565000 | PA      | $1649784.97   | 0.05%             | 2028-10-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV                                   | CALIFORNIA CMY 5% 10/1/2029                                                                    | CUSIP: 13013JGU4<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1339802.00   | 0.04%             | 2029-10-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV                                   | CALIFORNIA CMY 5% 4/1/2030                                                                     | CUSIP: 13013JGV2<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1348664.25   | 0.04%             | 2030-04-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| SOUTH HUNTINGTON NY UFSD                                                                  | S HUNTINGTON NY UFSD 6/24/26 TAN                                                               | CUSIP: 838418VD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6000000 | PA      | $6030910.80   | 0.19%             | 2026-06-24      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| METROPOLITAN TRANSN AUTH NY RV                                                            | NY MTA TRANSP 5% 11/15/2026                                                                    | CUSIP: 59261A5R4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7000000 | PA      | $7137870.60   | 0.23%             | 2026-11-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| FLORIDA DEV FIN CORP SOLID WASTE DISP REV                                                 | FLORIDA DEV FIN 3.40% 9/1/2050 @                                                               | CUSIP: 34061XAH5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2035000 | PA      | $2046825.59   | 0.06%             | 2050-09-01      | Variable      | 0.03%                 | No            |                  2 | On Loan: No      |
| MICHIGAN STATE HOUSING DEVELOPMENT AUTHORITY                                              | UNASSGND LC 567 2.7% MT                                                                        | CUSIP: 59465FAG5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1640000 | PA      | $1640310.12   | 0.05%             | 2043-10-01      | Variable      | 0.03%                 | No            |                  2 | On Loan: No      |
| RURAL WTR FING AGY KY PUB PROJS REV                                                       | RURAL WTR FING 2.75% 5/1/2028                                                                  | CUSIP: 781741JR5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5000107.50   | 0.16%             | 2028-05-01      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| VIRGINIA SMALL BUSINESS FING AUTH REV                                                     | VA ST SBFA 5% 10/1/2027                                                                        | CUSIP: 928104QR2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1205000 | PA      | $1246721.44   | 0.04%             | 2027-10-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| LEGACY DENTON PUB FAC CORP TEXMULTIFAMILY HSG REV                                         | LEGACY DENTON 2.7% MT                                                                          | CUSIP: 52474GAB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2000378.20   | 0.06%             | 2043-10-01      | Variable      | 0.03%                 | No            |                  2 | On Loan: No      |
| ARIZONA ST INDL DEV AUTH MULTIFAMILY HSG REV                                              | ARIZONA ST INDL 2.76% MT                                                                       | CUSIP: 04062PDH1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2080000 | PA      | $2081188.10   | 0.07%             | 2047-07-01      | Variable      | 0.03%                 | No            |                  2 | On Loan: No      |
| PIMA CNTY AZ IDA MULTIFAMILY                                                              | PIMA CO AZ MF 0% 10/1/2059 MT                                                                  | CUSIP: 721779LM6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8015000 | PA      | $8015795.09   | 0.25%             | 2059-10-01      | Variable      | 0.03%                 | No            |                  2 | On Loan: No      |
| BLACK BELT ENERGY GAS DIST ALAGAS PROJ REV                                                | BLACK BELT ENE 5% 5/1/2029                                                                     | CUSIP: 09182TFV4<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |    375000 | PA      | $397618.54    | 0.01%             | 2029-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| PARK CREEK MET DIST COLO LTD PPTY TAX SUPPORTED REV                                       | PARK CREEK ME 5% 12/1/2029                                                                     | CUSIP: 700385BR7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1094131.90   | 0.03%             | 2029-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| PARK CREEK MET DIST COLO LTD PPTY TAX SUPPORTED REV                                       | PARK CREEK ME 5% 12/1/2030                                                                     | CUSIP: 700385BS5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    800000 | PA      | $892809.52    | 0.03%             | 2030-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| PARK CREEK MET DIST COLO LTD PPTY TAX SUPPORTED REV                                       | PARK CREEK ME 5% 12/1/2031                                                                     | CUSIP: 700385BT3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    800000 | PA      | $908860.40    | 0.03%             | 2031-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| NORTH EAST TEX REGL MOBILITY AUTH REV                                                     | NORTH EAST TEX 5% 1/1/2027                                                                     | CUSIP: 659231BF0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    370000 | PA      | $377650.23    | 0.01%             | 2027-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| NORTH EAST TEX REGL MOBILITY AUTH REV                                                     | NORTH EAST TEX 5% 1/1/2028                                                                     | CUSIP: 659231BG8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $522168.35    | 0.02%             | 2028-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| NORTH EAST TEX REGL MOBILITY AUTH REV                                                     | NORTH EAST TEX 5% 1/1/2027                                                                     | CUSIP: 659231CC6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    850000 | PA      | $866868.08    | 0.03%             | 2027-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| NORTH EAST TEX REGL MOBILITY AUTH REV                                                     | NORTH EAST TEX 5% 1/1/2028                                                                     | CUSIP: 659231CD4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $520797.80    | 0.02%             | 2028-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| LOWER ALA GAS DIST GAS PROJ REV                                                           | LOWER ALA GAS D 5% 12/1/2031                                                                   | CUSIP: 547804AN4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $805209.45    | 0.03%             | 2031-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| LOWER ALA GAS DIST GAS PROJ REV                                                           | LOWER ALA GAS D 5% 12/1/2032                                                                   | CUSIP: 547804AP9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    825000 | PA      | $889772.73    | 0.03%             | 2032-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| LOWER ALA GAS DIST GAS PROJ REV                                                           | LOWER ALA GAS D 5% 12/1/2033                                                                   | CUSIP: 547804AQ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1955000 | PA      | $2100505.18   | 0.07%             | 2033-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| KINGSPORT TENN INDL DEV BRD COLLATERALIZED MULTIFAMILY HSG REV                            | KINGSPORT TE 2.95% MT                                                                          | CUSIP: 496451AB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3225000 | PA      | $3244319.04   | 0.10%             | 2029-09-01      | Variable      | 0.03%                 | No            |                  2 | On Loan: No      |
| NORTH TX TWY AUTH REV                                                                     | NORTH TX TOLL 5% 1/1/2028                                                                      | CUSIP: 66285WV29<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5100000 | PA      | $5361464.25   | 0.17%             | 2028-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| UNIVERSITY OF TEXAS UNIV REVS                                                             | UTX RFS(UNITEX)A UQ=UTX TECP1                                                                  | CUSIP: 91514YLW1<br>LEI: TEHUYFNKZR6XVWLGEU86 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4001132.40   | 0.13%             | 2026-04-14      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| PMA LEVY and AID ANTIC NTS PROGRAM WIS                                                    | WI PMA LEVY and AID 25B 9/24/26 TRAN                                                           | CUSIP: 730146DQ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1900000 | PA      | $1924947.19   | 0.06%             | 2026-09-24      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST HSG and MTG FIN AGY RENTAL HSG REV                                          | NEW JERSEY ST H 2.95% 11/1/2028                                                                | CUSIP: 64610ABG9<br>LEI: 5493002ONULJL0FIGU24 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3021421.80   | 0.10%             | 2028-11-01      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| MIZUHO FLOATER / RESIDUAL TR VAR STS                                                      | CA MFH FOUNTAIN PK 2025-MIZ9233 MZ/MZ D35@                                                     | CUSIP: 60700HP29<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7310000 | PA      | $7310000.00   | 0.23%             | 2027-12-01      | Variable      | 0.02%                 | Yes           |                  2 | On Loan: No      |
| MIZUHO FLOATER / RESIDUAL TR VAR STS                                                      | CA MFH BELMONT STA 2025-MIZ9232 MZ/MZ D35@                                                     | CUSIP: 60700HN70<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2600000 | PA      | $2600000.00   | 0.08%             | 2028-10-08      | Variable      | 0.02%                 | Yes           |                  2 | On Loan: No      |
| SOUTH CAROLINA HSG FIN DEV AUT                                                            | SC HSG DEV AUT 5% 1/1/2029                                                                     | CUSIP: 83712GAE9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    285000 | PA      | $304610.02    | 0.01%             | 2029-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| SOUTH CAROLINA HSG FIN DEV AUT                                                            | SC HSG DEV AUT 5% 7/1/2029                                                                     | CUSIP: 83712GAF6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $324008.88    | 0.01%             | 2029-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| SOUTH CAROLINA HSG FIN DEV AUT                                                            | SC HSG DEV AUT 5% 1/1/2030                                                                     | CUSIP: 83712GAG4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    310000 | PA      | $338055.19    | 0.01%             | 2030-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| SOUTH CAROLINA HSG FIN DEV AUT                                                            | SC HSG DEV AUT 5% 7/1/2030                                                                     | CUSIP: 83712GAH2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    305000 | PA      | $335379.01    | 0.01%             | 2030-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| OHIO ST HOSP REV                                                                          | OHIO ST HOSP RE 5% 1/15/2027                                                                   | CUSIP: 67756CGH5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2040198.40   | 0.06%             | 2027-01-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| OHIO ST HOSP REV                                                                          | OHIO ST HOSP RE 5% 1/15/2028                                                                   | CUSIP: 67756CGJ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6735000 | PA      | $7027416.86   | 0.22%             | 2028-01-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| HOLYOKE MA                                                                                | HOLYOKE MA 4% 10/23/2026                                                                       | CUSIP: 436705GY7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2600000 | PA      | $2625776.14   | 0.08%             | 2026-10-23      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| RIB FLOATER TRUST VARIOUS STS                                                             | ALLEGHENY PA SWR BC25-1007 Q=BC D7                                                             | CUSIP: 76252PL80<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3290000 | PA      | $3290000.00   | 0.10%             | 2055-12-01      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| CHICAGO IL MIDWAY ARPT REV                                                                | CHICAGO MIDWAY 5% 1/1/2027@                                                                    | CUSIP: 167562UL9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1815000 | PA      | $1851184.20   | 0.06%             | 2027-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CHICAGO IL MIDWAY ARPT REV                                                                | CHICAGO MIDWAY 5% 1/1/2028@                                                                    | CUSIP: 167562UM7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2150000 | PA      | $2243789.88   | 0.07%             | 2028-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT ST HSG FIN AUTH HSG MTG FIN PROG                                              | CT ST HSG 0% 11/15/2064                                                                        | CUSIP: 20775JDY2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1225000 | PA      | $1227020.39   | 0.04%             | 2064-11-15      | Variable      | 0.03%                 | No            |                  2 | On Loan: No      |
| BURLINGTON VT ARPT REV                                                                    | BURL VT ARPT 5% 7/1/2028                                                                       | CUSIP: 122064DU9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    540000 | PA      | $566602.99    | 0.02%             | 2028-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WAYNE CNTY MICH ARPT AUTH REV                                                             | WAYNE CO MI AAR 5% 12/1/2026 @                                                                 | CUSIP: 9445142Q0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4990000 | PA      | $5081277.58   | 0.16%             | 2026-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WAYNE CNTY MICH ARPT AUTH REV                                                             | WAYNE CO MI AAR 5% 12/1/2027 @                                                                 | CUSIP: 9445142R8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3750000 | PA      | $3909532.88   | 0.12%             | 2027-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CUMBERLAND CNTY NC                                                                        | CUMBERLAND CNTY NC PRJ AERO PRE MT@                                                            | CUSIP: 230589AB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  12350000 | PA      | $12359388.47  | 0.39%             | 2027-12-01      | Variable      | 0.03%                 | No            |                  2 | On Loan: No      |
| KING CNTY WA SWR REV                                                                      | KING CNTY WA SWR 25B Q=BA V1                                                                   | CUSIP: 495290GX0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7000000 | PA      | $7000000.00   | 0.22%             | 2042-01-01      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| SAN ANTONIO TX ELEC and GAS REV                                                           | SAN ANTONIO E and G 3.08% MT                                                                   | CUSIP: 79625GNE9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4795000 | PA      | $4851978.99   | 0.15%             | 2055-02-01      | Variable      | 0.03%                 | No            |                  2 | On Loan: No      |
| SOUTHCENTRAL PA GEN AUTH REV                                                              | PA WELLSPAN HLTH 25B Q=TD V7                                                                   | CUSIP: 84129NNP0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  15000000 | PA      | $15000000.00  | 0.48%             | 2055-06-01      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| HARRIS CNTY TX CULTURAL ED FACS FIN CORP REV                                              | TX METHODIST HLTH 25E Q=RC V1                                                                  | CUSIP: 414009TU4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9000000 | PA      | $9000000.00   | 0.29%             | 2060-12-01      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| CHICAGO IL BRD ED                                                                         | CHICAGO IL BOE 5.25% 12/1/2031                                                                 | CUSIP: 167505ZS8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    650000 | PA      | $696234.96    | 0.02%             | 2031-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CHICAGO IL BRD ED                                                                         | CHICAGO IL BOE 5.25% 12/1/2028                                                                 | CUSIP: 167505A97<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1043417.30   | 0.03%             | 2028-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WAYNE TWP IN MARON CO SCHBLD C                                                            | WAYNE TWP IND 5% 7/15/2026                                                                     | CUSIP: 946363UD8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1160000 | PA      | $1170816.07   | 0.04%             | 2026-07-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| NEW HOPE CULTURAL ED FACS FIN CORP TEX RETIREMENT FAC REV                                 | NEW HOPE CULT 5% 1/1/2028                                                                      | CUSIP: 64542UHR8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    800000 | PA      | $825008.16    | 0.03%             | 2028-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| NEW HOPE CULTURAL ED FACS FIN CORP TEX RETIREMENT FAC REV                                 | NEW HOPE CULT 5% 1/1/2027                                                                      | CUSIP: 64542UHQ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    605000 | PA      | $613712.06    | 0.02%             | 2027-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| BONDSVILLE MASS FIRE and WTR DIST                                                         | BONDS MA 098010 4.875% 11/20/2026                                                              | CUSIP: 098010AF8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    930000 | PA      | $942944.39    | 0.03%             | 2026-11-20      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| RIB FLOATER TRUST VARIOUS STS                                                             | SALT RIVER AZ PWR BC25-1009 Q=BC D7                                                            | CUSIP: 76252PM22<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3815000 | PA      | $3815000.00   | 0.12%             | 2055-01-01      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| SOUTHEAST ENERGY AUTHORITY A COOPERATIVE DISTRICT                                         | SOUTHEAST EN AL 5% 10/1/2027                                                                   | CUSIP: 84136HCQ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3550000 | PA      | $3683710.40   | 0.12%             | 2027-10-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| SOUTHEAST ENERGY AUTHORITY A COOPERATIVE DISTRICT                                         | SOUTHEAST EN AL 5% 10/1/2028                                                                   | CUSIP: 84136HCR2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2600000 | PA      | $2751510.84   | 0.09%             | 2028-10-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| SOUTHEAST ENERGY AUTHORITY A COOPERATIVE DISTRICT                                         | SOUTHEAST EN AL 5% 10/1/2030                                                                   | CUSIP: 84136HCT8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4525000 | PA      | $4931441.84   | 0.16%             | 2030-10-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| COLUMBUS-FRANKLIN CNTY OHIO FIN AUTH MULTIFAMILY HSG REV                                  | COLUMBUS HSG RE 3.19% 6/1/2044 MT                                                              | CUSIP: 19910XAQ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6687000 | PA      | $6760230.67   | 0.21%             | 2044-06-01      | Variable      | 0.03%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST DEV FIN AGY HOSP REV                                                     | MA DEV BOSTON U(MASDFN) 25A VT                                                                 | CUSIP: 57585DAP9<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5000433.50   | 0.16%             | 2026-03-04      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| OGDENSBURG NY ENLRG CTY SCH DS                                                            | OGDENSBURG NY ENLRG CSD 7/22/26 BAN                                                            | CUSIP: 676490GC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2011416.80   | 0.06%             | 2026-07-22      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| AUSTIN TEX AIRPORT SYS                                                                    | AUSTIN TX ARPT 5% 11/15/2026 @                                                                 | CUSIP: 052398HY3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    440000 | PA      | $447443.35    | 0.01%             | 2026-11-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| AUSTIN TEX AIRPORT SYS                                                                    | AUSTIN TX ARPT 5% 11/15/2027@                                                                  | CUSIP: 052398HZ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2850000 | PA      | $2966276.30   | 0.09%             | 2027-11-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| AUSTIN TEX AIRPORT SYS                                                                    | AUSTIN TX ARPT 5% 11/15/2028@                                                                  | CUSIP: 052398JA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1525000 | PA      | $1621617.75   | 0.05%             | 2028-11-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| NEW MEXICO MTG FIN AUTH                                                                   | NM SF MTG 25G-3 MT                                                                             | CUSIP: 64720AAC6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3470000 | PA      | $3474043.59   | 0.11%             | 2057-09-01      | Variable      | 0.03%                 | No            |                  2 | On Loan: No      |
| VIRGINIA SMALL BUSINESS FING AUTH REV                                                     | VA FIBR OP(VISBFA)25 L=CYN VT@                                                                 | CUSIP: 92810DAC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6750000 | PA      | $6750534.60   | 0.21%             | 2026-03-05      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| ATLANTA GA URBAN RESDTL FIN AUTH MF HSG REV                                               | ATLANTA GA MFAM 3.15% MT                                                                       | CUSIP: 04785VCF9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3602000 | PA      | $3635615.30   | 0.12%             | 2029-12-01      | Variable      | 0.03%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY HOUSING and MORTGAGE FINANCE AGENCY                                            | NEW JERSEY HOUS 3.15% 12/1/2043                                                                | CUSIP: 646127FT2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1007298.90   | 0.03%             | 2043-12-01      | Variable      | 0.03%                 | No            |                  2 | On Loan: No      |
| UNIVERSITY MN                                                                             | UNIV MN(UMINNH)H Q=SELF TECP                                                                   | CUSIP: 91447RCW8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1200171.12   | 0.04%             | 2026-03-10      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| INDIANA ST FIN AUTH REV                                                                   | IN FIN REV 5% 11/15/2028                                                                       | CUSIP: 45506EQE6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    675000 | PA      | $722131.20    | 0.02%             | 2028-11-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| NEW HARTFORD NY CENT SCH DIST                                                             | NEW HARTFORD NY CSD 6/25/26 BAN                                                                | CUSIP: 644894QB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1507301.55   | 0.05%             | 2026-06-25      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| WEST VIRGINIA ECONOMIC DEV AUTH SOLD WASTE DISP FACS REV                                  | WV NUCOR 25A-1 V7@                                                                             | CUSIP: 95648VBZ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1500000.00   | 0.05%             | 2065-11-01      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| NEBRASKA PUB PWR DIST REV                                                                 | NE PPD(NEBPPD)A1 L=BA TECP                                                                     | CUSIP: 63969JAE5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5000348.00   | 0.16%             | 2026-03-03      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| ALBANY NY                                                                                 | ALBANY CITY NY 3/20/26 BAN                                                                     | CUSIP: 012429CG9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2800000 | PA      | $2802110.92   | 0.09%             | 2026-03-20      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| SOUTH CAROLINA HSG FIN DEV MFH                                                            | SOUTH CAROL MFH 3.25% MT                                                                       | CUSIP: 83712EJB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3535285.25   | 0.11%             | 2046-01-01      | Variable      | 0.03%                 | No            |                  2 | On Loan: No      |
| KANSAS CITY MO INDL DEV AUTH ARPT SPL OBLIG                                               | KANSAS CIY MO 5% 3/1/2027 @                                                                    | CUSIP: 48504NAP4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1023995.80   | 0.03%             | 2027-03-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| TENDER OPT BD TR RCPTS / CTFS VAR STS                                                     | CHICAGO IL O'HARE ARPT 2025-XF8113-PUT Q=JP D1@                                                | CUSIP: 88035TEX4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000000.00   | 0.03%             | 2055-01-01      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| NEWARK NJ                                                                                 | NEWARK CITY ESSEX CNTY NJ 12/11/26 BAN                                                         | CUSIP: 650367TT2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4042444.80   | 0.13%             | 2026-12-11      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA HEALTH FACS FING AUTH REV                                                      | CALIF CA 13032T VT                                                                             | CUSIP: 13032TTJ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4002433.60   | 0.13%             | 2026-06-02      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| UNIVERSITY MN                                                                             | UNIV MN(UMINNG)G Q=SELF TECP                                                                   | CUSIP: 91447MDD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    900000 | PA      | $900043.47    | 0.03%             | 2026-03-02      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| PHILADELPHIA PA WTR and WASTEWTR                                                          | PHILA WTR(PHIWWA)A L=BC TECP                                                                   | CUSIP: 71789PBR2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000064.30   | 0.03%             | 2026-03-03      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| RIB FLOATER TRUST VARIOUS STS                                                             | AUSTIN TX ELEC BC25-1012 Q=BC D7                                                               | CUSIP: 76252PN62<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5610000 | PA      | $5610000.00   | 0.18%             | 2055-11-15      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| FRANKLIN CNTY OH HOSP FACS REV                                                            | OH NATNWD CHILDRN 25B1 Q=JP V7                                                                 | CUSIP: 353187FL6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5500000 | PA      | $5500000.00   | 0.17%             | 2064-11-01      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| HARRIS CNTY TX                                                                            | HARRIS C TX GO SER D Q=JP TECP                                                                 | CUSIP: 41423BVM7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4920000 | PA      | $4921032.22   | 0.16%             | 2026-03-26      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| HARRIS CNTY TX                                                                            | HARRIS TX GO SER A1 Q=SS TECP                                                                  | CUSIP: 41418YL78<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1250262.50   | 0.04%             | 2026-03-26      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| TENDER OPT BD TR RCPTS / CTFS VAR STS                                                     | MI TRINITY HLTH 2025-XG0634-MST Q=BA D7                                                        | CUSIP: 88035TGG9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3500000.00   | 0.11%             | 2051-03-01      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| HARRIS CNTY TX                                                                            | HARRIS TX(HARCTC)C L=SM TECP                                                                   | CUSIP: 41387AB78<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4000839.20   | 0.13%             | 2026-03-26      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY HOUSING and MORTGAGE FINANCE AGENCY                                            | NEW JERSEY HOUS 3.10% MT                                                                       | CUSIP: 646127FW5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $605080.74    | 0.02%             | 2029-07-01      | Variable      | 0.03%                 | No            |                  2 | On Loan: No      |
| LOUISIANA HOUSING CORP                                                                    | LOUISIANA HOUSING CORP 3.15% 4/1/2030 MT                                                       | CUSIP: 54627CCH4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6000000 | PA      | $6051008.40   | 0.19%             | 2030-04-01      | Variable      | 0.03%                 | No            |                  2 | On Loan: No      |
| OREGON ST HSG and CMNTY SVCS DEPT HSG DEV REV                                             | OR HSG and SVC 0% 7/1/2044                                                                     | CUSIP: 68608ACA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $705863.06    | 0.02%             | 2044-07-01      | Variable      | 0.03%                 | No            |                  2 | On Loan: No      |
| ILLINOIS FIN AUTH REV                                                                     | IL NORTHWSTRN U(ILLFTE)24 TECP                                                                 | CUSIP: 45203UAM5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2000533.40   | 0.06%             | 2026-04-09      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| TEXAS MUNICIPAL GAS ACQUISITION AND SUPPLY CORP VI                                        | TEXAS MUNICIPAL GAS ACQUISITION AND SUPPLY CORP VI 5% 1/1/2028                                 | CUSIP: 88256FAB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $414790.12    | 0.01%             | 2028-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| TEXAS MUNICIPAL GAS ACQUISITION AND SUPPLY CORP VI                                        | TEXAS MUNICIPA 5% 1/1/2029                                                                     | CUSIP: 88256FAC6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    645000 | PA      | $679281.23    | 0.02%             | 2029-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| ILLINOIS FIN AUTH REV                                                                     | IL NORTHWSTRN U(ILLFTE)24 TECP                                                                 | CUSIP: 45203UAN3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4900000 | PA      | $4901242.15   | 0.16%             | 2026-04-07      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| OHIO ST HIGHER EDL FAC COMMN                                                              | OHIO ST HIGHER EDL FAC COMMN REV VAR-HOSP-CLEVELAND CLINIC-B-5                                 | CUSIP: 67756FGK1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1500201.00   | 0.05%             | 2026-03-16      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| NORTH CAROLINA MED CARE COMMN HEALTH CARE FACS REV                                        | NC DUKE UNIV HLTH 25D Q=RC V7                                                                  | CUSIP: 65821DZY0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3400000 | PA      | $3400000.00   | 0.11%             | 2055-06-01      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| WISCONSIN ST HEALTH and EDL FACSAUTH REV                                                  | WISCONSIN ST H 5% 6/1/2029                                                                     | CUSIP: 97712JPU1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    735000 | PA      | $789785.06    | 0.03%             | 2029-06-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| DENVER COLO CITY and CNTY HSG AUTH MULTIFAMILY HSG REV                                    | DENVE CO 24917Q 5% 6/1/2029                                                                    | CUSIP: 24917QBL7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    135000 | PA      | $142596.36    | 0.00%             | 2029-06-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| ARLINGTON CO VA INDL DEV AUTH MULTIFAMILY REV                                             | ARL VA MF 0% MT                                                                                | CUSIP: 04144PDY6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3350000 | PA      | $3350293.13   | 0.11%             | 2055-12-01      | Variable      | 0.03%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST TPK COMMN TPK                                                             | PA TPK SUB 25 L=BA V7                                                                          | CUSIP: 709225SU1<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5000000.00   | 0.16%             | 2045-12-01      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| NEW YORK N Y CITY TRANSITIONALFIN AUTH REV                                                | NEW YORK AUTH 5% 11/1/2028                                                                     | CUSIP: 64972JYU6<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5367459.50   | 0.17%             | 2028-11-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| TENNESSEE ST                                                                              | TN ST GO (TENGOA) A TECP                                                                       | CUSIP: 88055ECZ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000442.70   | 0.03%             | 2026-05-26      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| HENNEPIN CNTY MINN                                                                        | HENNEPIN CNTY MN(HENPNC)C TECP                                                                 | CUSIP: 42552SAG7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1600000 | PA      | $1600273.28   | 0.05%             | 2026-05-06      | Fixed         | 0.02%                 | No            |                  2 | On Loan: No      |
| SOUTH CAROLINA ST SVC AUTH REV                                                            | SANTEECPR(SCPSAF)20A L=BC TECP                                                                 | CUSIP: 83706TBV0<br>LEI: EMBXY64GWKA9MZGFUD26 | Long             | DBT              | MUN               | US        |   2175000 | PA      | $2175364.10   | 0.07%             | 2026-05-05      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| DISTRICT COLUMBIA                                                                         | DC GO (DSTCOA) 25A L=BC TECP                                                                   | CUSIP: 25483XAG5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000053.80   | 0.03%             | 2026-03-04      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| BLACK BELT ENERGY GAS DIST ALAGAS PROJ REV                                                | BLACK BELT ENE 5% 12/1/2028                                                                    | CUSIP: 09182TGP6<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1051093.70   | 0.03%             | 2028-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| HARRIS CNTY TX                                                                            | HARRIS TX(HARCTB)B Q=SS TECP                                                                   | CUSIP: 41386KL84<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $200006.22    | 0.01%             | 2026-03-26      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| METRO NASHVLL ARPT TN                                                                     | MET NASH AIR TN 5% 7/1/2029 @                                                                  | CUSIP: 592190SB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1375000 | PA      | $1488707.83   | 0.05%             | 2029-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| METRO NASHVLL ARPT TN                                                                     | MET NASH AIR TN 5% 7/1/2027 @                                                                  | CUSIP: 592190TT9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $412747.28    | 0.01%             | 2027-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| METRO NASHVLL ARPT TN                                                                     | MET NASH AIR TN 5% 7/1/2028 @                                                                  | CUSIP: 592190TU6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $423432.64    | 0.01%             | 2028-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| TARRANT CNTY TX CULTURAL ED FACS FIN CORP HOSP REV                                        | TARRANT EFFC HO 5% 11/15/2028                                                                  | CUSIP: 87638QTM1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2150000 | PA      | $2306556.98   | 0.07%             | 2028-11-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| EL PASO TEX INDPT SCH DIST                                                                | EL PASO TEX IND 5% 8/15/2029                                                                   | CUSIP: 283770QC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2181360.60   | 0.07%             | 2029-08-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MERCER CNTY KY POLLUTION CTL REV IAM COML PAPER 3/A2 SER 2002 A                           | MERCE KY(MERCKY) 58781P VT                                                                     | CUSIP: 58781PHX8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7400000 | PA      | $7399969.66   | 0.23%             | 2026-03-24      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| SAN ANTONIO TX ELEC and GAS REV                                                           | CPS SOFT PUTS 7% STEP UP RATE A 672,455 3% 12/1/29                                             | CUSIP: 79625GNT6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5044543.00   | 0.16%             | 2055-02-01      | Variable      | 0.03%                 | No            |                  2 | On Loan: No      |
| SAN ANTONIO TX ELEC and GAS REV                                                           | CPS SOFT PUTS 7% STEP UP RATE A 672,455 2.9% 12/1/27                                           | CUSIP: 79625GNS8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1215000 | PA      | $1217062.34   | 0.04%             | 2055-02-01      | Variable      | 0.03%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CALIF WTR and PWR RE                                                          | LA CA DWAP 5% 7/1/2028                                                                         | CUSIP: 544532QV9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1061882.10   | 0.03%             | 2028-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| FRANKFORT SCHUYLER NY CENT SCH DIST                                                       | FRKFRT SCHUY NY 4% 7/31/2026                                                                   | CUSIP: 352410CU6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3012196.50   | 0.10%             | 2026-07-31      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| TENDER OPT BD TR RCPTS / CTFS VAR STS                                                     | CA COMNTY CHOICE 2026-XL0727-NUV Q=MO D7 - for cash- URGENT                                    | CUSIP: 88035TNX4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2200000 | PA      | $2200000.00   | 0.07%             | 2056-04-01      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST DEV FIN AGY RV                                                           | MA GENERAL BRIGHM 26G2 L=RC V1                                                                 | CUSIP: 57585BQY7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5000000.00   | 0.16%             | 2062-07-01      | Variable      | 0.01%                 | No            |                  2 | On Loan: No      |
| TENNESSEE ST                                                                              | TN ST GO (TENGOA) A TECP                                                                       | CUSIP: 88055EDA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2499971.75   | 0.08%             | 2026-05-28      | Fixed         | 0.02%                 | No            |                  2 | On Loan: No      |
| TARRANT CNTY TX CULTURAL ED FACS FIN CORP HOSP REV                                        | TARRANT CNTY TX CULT EFFCH REV 5% MT                                                           | CUSIP: 87638QUF4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    210000 | PA      | $230255.61    | 0.01%             | 2055-11-15      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| ATLANTA GA WTR and WASTEWTR REV                                                           | ATL WTR(ATLWWA)24A2 L=TD TECP                                                                  | CUSIP: 04787YAM8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2524000 | PA      | $2524081.53   | 0.08%             | 2026-03-05      | Fixed         | 0.02%                 | No            |                  2 | On Loan: No      |
| DALLAS TX AREA RAP TR SALE TAX                                                            | DALLAS TX DART I(DARITE) TECP                                                                  | CUSIP: 23452TAD3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4850000 | PA      | $4850156.66   | 0.15%             | 2026-03-05      | Fixed         | 0.02%                 | No            |                  2 | On Loan: No      |
| DALLAS TX ISD                                                                             | DALLAS TX ISD 5% MT                                                                            | CUSIP: 235308Y23<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1520000 | PA      | $1659739.68   | 0.05%             | 2056-02-15      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| ATLANTA GA THIRD LIEN ARPT GENREV IAM COML PAPER NTS 3/A2 SER H-1                         | ATLANTA GA THIR TECP PROGRAM                                                                   | CUSIP: 04780QAR1<br>LEI: 549300GHLQ0J51NUBM84 | Long             | DBT              | MUN               | US        |   2785000 | PA      | $2784861.03   | 0.09%             | 2026-04-02      | Fixed         | 0.02%                 | No            |                  2 | On Loan: No      |
| ATLANTA GA THIRD LIEN ARPT GENREV IAM COML PAPER NTS 3/A2 SER H-1                         | ATLANTA GA THIR TECP PROGRAM                                                                   | CUSIP: 04780QAS9<br>LEI: 549300GHLQ0J51NUBM84 | Long             | DBT              | MUN               | US        |    500000 | PA      | $499975.00    | 0.02%             | 2026-04-02      | Fixed         | 0.02%                 | No            |                  2 | On Loan: No      |
| MARYLAND HEALTH and HIGHER EDUCATIONAL FACILITIES AUTHORITY                               | MARYLAND HEALTH 5% 8/15/2027                                                                   | CUSIP: 57421CNW0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2079451.80   | 0.07%             | 2027-08-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| J P MORGAN CHASE PUTTERS / DRIVERS TR VAR STS                                             | CT YALE UNIV PUTTER-5106 JP/JP D1 for cash                                                     | CUSIP: 46640K3M4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2400000 | PA      | $2400000.00   | 0.08%             | 2048-07-01      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| RHODE ISLAND HEALTH and EDL BLDG CORP REV                                                 | RI BROWN UNIV(BRWNTE)25 TECP                                                                   | CUSIP: 76219SER2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7000000 | PA      | $6999962.90   | 0.22%             | 2026-05-14      | Fixed         | 0.02%                 | No            |                  2 | On Loan: No      |
| INDIANA UNIV REVS                                                                         | IN UNIV (INDUNI) Q=SELF TECP                                                                   | CUSIP: 45516BCB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1592000 | PA      | $1591986.95   | 0.05%             | 2026-06-24      | Fixed         | 0.02%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST HOSP FIN AUTH RE                                                              | MICHIGAN ST HO 5% 11/15/2029                                                                   | CUSIP: 59465HYA8<br>LEI: 54930011MIBQ2P7ZNM19 | Long             | DBT              | MUN               | US        |   7695000 | PA      | $8332262.19   | 0.26%             | 2029-11-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WISCONSIN ST                                                                              | WI ST 5% 5/1/2030                                                                              | CUSIP: 97705MY33<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $268866.45    | 0.01%             | 2030-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| UNIVERSITY HOUSTON TX UNIV REV                                                            | UNIV HOUSTON 05/20/2026 TECP                                                                   | CUSIP: 91430NGK8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1499991.30   | 0.05%             | 2026-05-20      | Fixed         | 0.02%                 | No            |                  2 | On Loan: No      |
| UNIVERSITY HOUSTON TX UNIV REV                                                            | UNIV HOUSTON 05/21/2026 TECP                                                                   | CUSIP: 91430NGL6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2100000 | PA      | $2099987.61   | 0.07%             | 2026-05-21      | Fixed         | 0.02%                 | No            |                  2 | On Loan: No      |
| LEE COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY/FL                                            | LEE COUNTY INDU 5% MT                                                                          | CUSIP: 52350LBB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    401000 | PA      | $457345.43    | 0.01%             | 2065-04-01      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| TENDER OPT BD TR RCPTS / CTFS VAR STS                                                     | CALIFORNIA CMY 2026 XM1346 D1                                                                  | CUSIP: 88035TRY8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2520000 | PA      | $2520000.00   | 0.08%             | 2056-04-01      | Variable      | 0.01%                 | No            |                  2 | On Loan: No      |
| UNIVERSITY TX PERM UNIV FD                                                                | UTX PUF (UTEXAA) A TECP                                                                        | CUSIP: 91514CTG6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4999958.00   | 0.16%             | 2026-07-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| TEXAS STATE                                                                               | TX ST 5% 8/1/2028 @                                                                            | CUSIP: 882724EH6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1325000 | PA      | $1386814.96   | 0.04%             | 2028-08-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| TENDER OPT BD TR RCPTS / CTFS VAR STS                                                     | FL SOUTHPOINTE VISTA II 2026-XG0636-NPI BC/BC D1                                               | CUSIP: 88035TTP5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4360000 | PA      | $4360000.00   | 0.14%             | 2065-01-01      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| HUDSON CNTY NJ IMPT AUTH LEASE REV                                                        | HUDSN NJ IMP 3.5% 3/1/2027                                                                     | CUSIP: 443728GR5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2250000 | PA      | $2276944.43   | 0.07%             | 2027-03-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| BEXAR MGMT and DEV CORP TEX MULTIFAMILY HSG REV                                           | BEXAR MGMT and DE 2.65% MT                                                                     | CUSIP: 08857CAC4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    315000 | PA      | $315191.93    | 0.01%             | 2029-03-01      | Variable      | 0.03%                 | No            |                  2 | On Loan: No      |
| MONMOUTH CNTY NJ IMPT AUTH REV                                                            | MONMOUTH CT NJ 3/12/27 BAN                                                                     | CUSIP: 60956PV41<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5500000 | PA      | $5595680.20   | 0.18%             | 2027-03-12      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| BLACK BELT ENERGY GAS DIST ALAGAS PROJ REV                                                | BLACK BELT ENE 5% 7/1/2028                                                                     | CUSIP: 09182THD2<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |    250000 | PA      | $260102.40    | 0.01%             | 2028-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| BLACK BELT ENERGY GAS DIST ALAGAS PROJ REV                                                | BLACK BELT ENE 5% 7/1/2029                                                                     | CUSIP: 09182THE0<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |    755000 | PA      | $795873.59    | 0.03%             | 2029-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| BLACK BELT ENERGY GAS DIST ALAGAS PROJ REV                                                | BLACK BELT ENE 5% 7/1/2031                                                                     | CUSIP: 09182THG5<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1071974.90   | 0.03%             | 2031-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| RIB FLOATER TRUST VARIOUS STS                                                             | NY HAMILTON CLG BC26-1002 Q=BC D7                                                              | CUSIP: 76252PQ77<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3000000.00   | 0.10%             | 2046-07-01      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-03-30

**Name of Applicant:** Heather Bonner

**Signature:** Heather Bonner

**Name of Signer:** Heather Bonner

**Title:** President and Treasurer