# EDGAR Filing Document

**Accession Number:** 0001485894
**File Stem:** 0002071691-26-009318
**Filing Date:** 2026-4
**Character Count:** 150559
**Document Hash:** 8fe15f7964d6aaa979d055dcb7163c92
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002071691-26-009318.hdr.sgml**: 20260429

**ACCESSION NUMBER**: 0002071691-26-009318

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20260228

**FILED AS OF DATE**: 20260429

**DATE AS OF CHANGE**: 20260429

**PERIOD START**: 20260228

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** J.P. Morgan Exchange-Traded Fund Trust
- **CENTRAL INDEX KEY:** 0001485894

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

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22903
- **FILM NUMBER:** 26912560

**BUSINESS ADDRESS:**
- **STREET 1:** 390 MADISON AVENUE
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10017
- **BUSINESS PHONE:** (800) 480-4111

**MAIL ADDRESS:**
- **STREET 1:** 390 MADISON AVENUE
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10017

## Series and Classes Contracts Data

### JPMorgan Sustainable Municipal Income ETF (Series ID: S000079815)

| Class ID   | Class Name                                | Ticker Symbol   |
|:---|:---|:---|
| C000241198 | JPMorgan Sustainable Municipal Income ETF | JMSI            |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** J.P. Morgan Exchange-Traded Fund Trust

- **b. Investment Company Act file number:** 811-22903

- **c. CIK number of Registrant:** 0001485894

- **d. LEI of Registrant:** 5493001E1K1DVWDV2464

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

  - **Street Address 1:** 390 Madison Avenue

  - **City:** New York

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10017

  - **Telephone number:** 844-457-6383

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

- **a. Name of Series:** JPMorgan Sustainable Municipal Income ETF

- **b. EDGAR series identifier (if any):** S000079815

- **c. LEI of Series:** 54930002QFGZTBXQ8F49

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

- **a. Date of fiscal year-end:** 2026-02-28

- **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:** $378732451.74

**Total Liabilities:** $12713119.71

**Net Assets:** $366019332.03

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 643.46971000 | **1-Year:** 5773.70576000 | **5-Year:** 58787.16656000 | **10-Year:** 128231.74370000 | **30-Year:** 8071.36903000

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

- **3-Month:** 637.84195000 | **1-Year:** 1561.90065000 | **5-Year:** 3351.83872000 | **10-Year:** 8048.44738000 | **30-Year:** 3289.26775000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000241198 | 0.22%                | 0.76%                | 1.19%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-4518.28                | $-285347.71                                |
| Month 2  | $-8833.26                | $1667483.03                                |
| Month 3  | $-485544.35              | $3527943.28                                |

**Designated Index Information**

- **Index Name:** N/A

- **Index Identifier:** N/A

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Alaska Housing Finance Corp.                                                                   | Alaska Housing Finance Corp., General Mortgage, Series II 2026A                                                                                        | CUSIP: 01170RUB6<br>LEI: 549300HJ8NOJNYW6ER36 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1136224.80   | 0.31%             | 2056-12-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Albany Capital Resource Corp.                                                                  | Albany Capital Resource Corp., Medical Center Hospital, Series 2025A                                                                                   | CUSIP: 012432ET3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1066911.00   | 0.29%             | 2050-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| American Municipal Power, Inc.                                                                 | American Municipal Power, Inc., Solar Electricity Prepayment Project, Series 2019A                                                                     | CUSIP: 02765MAR3<br>LEI: EARKGGZJJEMVD66XQ486 | Long             | DBT              | MUN               | US        |    825000 | PA      | $874933.04    | 0.24%             | 2035-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| American Municipal Power, Inc.                                                                 | American Municipal Power, Inc., GreenUp Hydroelectric Project, Series 2025A                                                                            | CUSIP: 02765UUZ5<br>LEI: EARKGGZJJEMVD66XQ486 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1181208.70   | 0.32%             | 2036-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| American Municipal Power, Inc.                                                                 | American Municipal Power, Inc., GreenUp Hydroelectric Project, Series 2025A                                                                            | CUSIP: 02765UVD3<br>LEI: EARKGGZJJEMVD66XQ486 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1131496.70   | 0.31%             | 2040-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| American Municipal Power, Inc.                                                                 | American Municipal Power, Inc., GreenUp Hydroelectric Project, Series 2016A                                                                            | CUSIP: 02765UXA7<br>LEI: EARKGGZJJEMVD66XQ486 | Long             | DBT              | MUN               | US        |    410000 | PA      | $410076.38    | 0.11%             | 2041-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Arizona Industrial Development Authority                                                       | Arizona Industrial Development Authority, KIPP NYC Public Charter Schools Jerome Facility Project, Series 2021B                                        | CUSIP: 04052BQU1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $946210.20    | 0.26%             | 2041-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Arizona Industrial Development Authority                                                       | Arizona Industrial Development Authority, Equitable School Revolving Fund LLC, Series 2026A                                                            | CUSIP: 04052FFG5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2235521.00   | 0.61%             | 2031-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arizona Board of Regents                                                                       | Arizona Board of Regents, State University, Series 2026A                                                                                               | CUSIP: 040664PT5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1192674.70   | 0.33%             | 2037-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arlington Higher Education Finance Corp.                                                       | Arlington Higher Education Finance Corp., Basis Texas Charter Schools, Inc.                                                                            | CUSIP: 041807PU6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1033734.20   | 0.28%             | 2045-06-15      | Fixed         | 5.62%                 | Yes           |                  2 | On Loan: No      |
| City of Aurora IL Single Family Mortgage Revenue                                               | City of Aurora, Single Family Mortgage, Series 2007A                                                                                                   | CUSIP: 051687DB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     35439 | PA      | $36084.55     | 0.01%             | 2039-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| City of Aurora IL Single Family Mortgage Revenue                                               | City of Aurora, Single Family Mortgage, Series 2007B                                                                                                   | CUSIP: 051687DD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     31918 | PA      | $32472.88     | 0.01%             | 2039-12-01      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| Austin Community College District                                                              | Austin Community College District, Unlimited Tax                                                                                                       | CUSIP: 052403KQ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1154642.20   | 0.32%             | 2037-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Baldwin County Industrial Development Authority                                                | Baldwin County Industrial Development Authority, Novelis Corp., Project, Series 2025A                                                                  | CUSIP: 05786PAA1<br>LEI: N/A                  | Long             | STIV             | MUN               | US        |   1000000 | PA      | $1046689.30   | 0.29%             | 2055-06-01      | Variable      | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Battery Park City Authority                                                                    | Battery Park City Authority, Series 2023A                                                                                                              | CUSIP: 07133AJL7<br>LEI: 549300RF3SFDOWRHVM56 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1060911.70   | 0.29%             | 2048-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Brookhaven Development Authority                                                               | Brookhaven Development Authority, Children's Healthcare of Atlan, Series 2019A                                                                         | CUSIP: 113073AY6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1875040.00   | 0.51%             | 2049-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City & County of Broomfield CO Sewer Revenue                                                   | City and County of Broomfield Water Activity Enterprise                                                                                                | CUSIP: 11475AAN0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    360000 | PA      | $424338.59    | 0.12%             | 2038-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City & County of Broomfield CO Water Revenue                                                   | City and County of Broomfield Water Activity Enterprise                                                                                                | CUSIP: 11477KDQ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $294446.95    | 0.08%             | 2038-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City & County of Broomfield CO Water Revenue                                                   | City and County of Broomfield Water Activity Enterprise                                                                                                | CUSIP: 11477KDR4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    760000 | PA      | $888698.86    | 0.24%             | 2039-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Bucks County Water and Sewer Authority                                                         | Bucks County Water and Sewer Authority, Series 2022A                                                                                                   | CUSIP: 118683JU6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    525000 | PA      | $587566.56    | 0.16%             | 2038-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Buffalo Sewer Authority                                                                        | Buffalo Sewer Authority, Series 2025A                                                                                                                  | CUSIP: 119730HS1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1080000 | PA      | $1140092.50   | 0.31%             | 2050-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Build NYC Resource Corp.                                                                       | Build NYC Resource Corp., Grand Concourse Academy Charter School, Series 2022A                                                                         | CUSIP: 12008ESW7<br>LEI: 549300GROJFKMNLWEK84 | Long             | DBT              | MUN               | US        |    125000 | PA      | $125143.35    | 0.03%             | 2027-07-01      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| Build NYC Resource Corp.                                                                       | Build NYC Resource Corp., Kipp NYC Public School Facilities - Canal West Project                                                                       | CUSIP: 12008ETM8<br>LEI: 549300GROJFKMNLWEK84 | Long             | DBT              | MUN               | US        |    460000 | PA      | $488596.50    | 0.13%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Build NYC Resource Corp.                                                                       | Build NYC Resource Corp., The Young Men's and Women's Hebrew Association Project, Series 2024                                                          | CUSIP: 12008EVX1<br>LEI: 549300GROJFKMNLWEK84 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1044116.70   | 0.29%             | 2027-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Build NYC Resource Corp.                                                                       | Build NYC Resource Corp., Urban Resource Institute Project, Series 2025A                                                                               | CUSIP: 12008EWL6<br>LEI: 549300GROJFKMNLWEK84 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1058826.90   | 0.29%             | 2035-12-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Build NYC Resource Corp.                                                                       | Build NYC Resource Corp., ERE425 LLC ZETA Charter Schools, Inc., Project, Series 2025A                                                                 | CUSIP: 12008EWT9<br>LEI: 549300GROJFKMNLWEK84 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1033043.90   | 0.28%             | 2040-10-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                                | California Community Choice Financing Authority, Clean Energy Project, Series 2023B-1                                                                  | CUSIP: 13013JCB0<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   1090000 | PA      | $1159112.32   | 0.32%             | 2053-07-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                                | California Community Choice Financing Authority, Clean Energy Project, Series 2024A                                                                    | CUSIP: 13013JDR4<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2180420.80   | 0.60%             | 2054-05-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                                | California Community Choice Financing Authority, Clean Energy Project, Series 2024D                                                                    | CUSIP: 13013JFD3<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   2065000 | PA      | $2284650.95   | 0.62%             | 2055-02-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                                | California Community Choice Financing Authority, Clean Energy Project, Series 2025E                                                                    | CUSIP: 13013JHG4<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   2850000 | PA      | $3191829.86   | 0.87%             | 2056-10-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                                | California Community Choice Financing Authority, Clean Energy Project, Series 2025F                                                                    | CUSIP: 13013JHH2<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2213290.40   | 0.60%             | 2033-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                                | California Community Choice Financing Authority, Clean Energy Project, Series 2026A-1                                                                  | CUSIP: 13013JHK5<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1109615.40   | 0.30%             | 2056-04-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                                | California Community Choice Financing Authority, Clean Energy Project, Series 2026B                                                                    | CUSIP: 13013JHM1<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2179497.40   | 0.60%             | 2036-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Health Facilities Financing Authority                                               | California Health Facilities Financing Authority, Cedars-Sinai Medical Center, Series 2021A                                                            | CUSIP: 13032UB23<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $955552.90    | 0.26%             | 2048-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California Health Facilities Financing Authority                                               | California Health Facilities Financing Authority, Sutter Health, Series 2018A                                                                          | CUSIP: 13032URN0<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $992179.70    | 0.27%             | 2042-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California Infrastructure & Economic Development Bank                                          | California Infrastructure and Economic Development Bank, California Academy of Science, Series 2024A                                                   | CUSIP: 13034A5B2<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2049180.60   | 0.56%             | 2029-08-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| California Infrastructure & Economic Development Bank                                          | California Infrastructure and Economic Development Bank, Segerstrom Center for the Arts, Series 2024                                                   | CUSIP: 13034A5V8<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1143468.80   | 0.31%             | 2032-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Infrastructure & Economic Development Bank                                          | California Infrastructure and Economic Development Bank, Brightline West Passenger Rail Project, Series 2025B                                          | CUSIP: 13034A7E4<br>LEI: 549300C1OG9RDIM8ET06 | Long             | STIV             | MUN               | US        |    735000 | PA      | $396900.00    | 0.11%             | 2065-01-01      | Variable      | 12.00%                | Yes           |                  2 | On Loan: No      |
| California Municipal Finance Authority                                                         | California Municipal Finance Authority, Humangood California Obligated Group, Series 2025A                                                             | CUSIP: 13048V3V8<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1061267.20   | 0.29%             | 2042-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                                         | California Municipal Finance Authority, Class 1                                                                                                        | CUSIP: 13050WAD3<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    997375 | PA      | $1012634.78   | 0.28%             | 2040-11-20      | Variable      | 4.33%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                                         | California Municipal Finance Authority, Series 2026A-1, Class 1                                                                                        | CUSIP: 13050WAG6<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1011167.60   | 0.28%             | 2041-07-20      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| California Pollution Control Financing Authority                                               | California Pollution Control Financing Authority, Poseidon Resources Channelside LP Desalination Project                                               | CUSIP: 13054WBB2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $276792.08    | 0.08%             | 2036-07-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| California Pollution Control Financing Authority                                               | California Pollution Control Financing Authority, Poseidon Resources Channelside LP Desalination Project                                               | CUSIP: 13054WBC0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1211879.02   | 0.33%             | 2037-07-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| California Statewide Communities Development Authority                                         | California Statewide Communities Development Authority, Loma Linda University Medical Center, Series 2016A                                             | CUSIP: 13080SML5<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2001023.20   | 0.55%             | 2056-12-01      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| City of Charlotte NC Water & Sewer System Revenue                                              | City of Charlotte Water and Sewer System, Series 2022A                                                                                                 | CUSIP: 161045RK7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3359852.70   | 0.92%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago Transit Authority Sales Tax Receipts Fund                                              | Chicago Transit Authority Sales Tax Receipts Fund, Series 2024A                                                                                        | CUSIP: 16772PEP7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1031197.30   | 0.28%             | 2049-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Chicago IL Waterworks Revenue                                                          | City of Chicago, Waterworks, Second Lien, Series 2001                                                                                                  | CUSIP: 167736SJ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    840000 | PA      | $905648.94    | 0.25%             | 2030-11-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Collin County Community College District                                                       | Collin County Community College District                                                                                                               | CUSIP: 194742GB2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1538921.10   | 0.42%             | 2042-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                                           | Colorado Health Facilities Authority, Series 2025A                                                                                                     | CUSIP: 19648FA53<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |    415000 | PA      | $451317.98    | 0.12%             | 2038-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                                           | Colorado Health Facilities Authority, Series 2025A                                                                                                     | CUSIP: 19648FA61<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |    400000 | PA      | $432841.96    | 0.12%             | 2039-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                                           | Colorado Health Facilities Authority, Series 2025A                                                                                                     | CUSIP: 19648FA79<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |    365000 | PA      | $392211.55    | 0.11%             | 2040-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                                           | Colorado Health Facilities Authority, CommonSpirit Health, Series 2025A                                                                                | CUSIP: 19648FB60<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1127513.60   | 0.31%             | 2032-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                                           | Colorado Health Facilities Authority, Adventist Health System, Series 2019A                                                                            | CUSIP: 19648FJE5<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   2050000 | PA      | $2030838.86   | 0.55%             | 2043-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                                           | Colorado Health Facilities Authority, Adventist Health System, Series 2024A-1                                                                          | CUSIP: 19648FYN8<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1091225.10   | 0.30%             | 2059-11-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                                           | Colorado Health Facilities Authority, Covenant Living Communities and Services, Series 2025A                                                           | CUSIP: 19648FYX6<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |    745000 | PA      | $755299.55    | 0.21%             | 2026-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                                           | Colorado Health Facilities Authority, Covenant Living Communities and Services, Series 2025A                                                           | CUSIP: 19648FYY4<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |    800000 | PA      | $825712.48    | 0.23%             | 2027-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Colorado Housing and Finance Authority                                                         | Colorado Housing and Finance Authority, Single Family Mortgage, Series 2023L, Class III                                                                | CUSIP: 19648GAV4<br>LEI: 5493005GIROYQAWBMC18 | Long             | DBT              | MUN               | US        |   1980000 | PA      | $2142745.31   | 0.59%             | 2053-11-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Board of Governors of Colorado State University System                                         | Board of Governors of Colorado State University System, Series 2017C                                                                                   | CUSIP: 196707S20<br>LEI: 549300MAE3RAIIEIQV71 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1028578.40   | 0.28%             | 2043-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Comal Independent School District                                                              | Comal Independent School District, Unlimited Tax                                                                                                       | CUSIP: 199821AN9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1162720.20   | 0.32%             | 2038-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Connecticut State Health & Educational Facilities Authority                                    | Connecticut State Health and Educational Facilities Authority, Hartford Healthcare Issue, Series 2026A                                                 | CUSIP: 20775DN81<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1100858.10   | 0.30%             | 2051-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Cumberland County Industrial Facilities & Pollution Control Financing Authority                | Cumberland County Industrial Facilities and Pollution Control Financing Authority, Solid Waste Disposal Project Hero                                   | CUSIP: 230589AB9<br>LEI: N/A                  | Long             | STIV             | MUN               | US        |   1000000 | PA      | $1000760.20   | 0.27%             | 2027-12-01      | Variable      | 3.13%                 | No            |                  2 | On Loan: No      |
| Delaware Valley Regional Finance Authority                                                     | Delaware Valley Regional Finance Authority, Series C                                                                                                   | CUSIP: 246579JK3<br>LEI: 549300HGYP3NW885TT18 | Long             | STIV             | MUN               | US        |    500000 | PA      | $490609.85    | 0.13%             | 2037-06-01      | Floating      | 3.47%                 | No            |                  2 | On Loan: No      |
| City of Detroit MI                                                                             | City of Detroit, Unlimited Tax, Series 2021A                                                                                                           | CUSIP: 2510934U1<br>LEI: 549300BQRJP7MKKHOY28 | Long             | DBT              | MUN               | US        |    770000 | PA      | $846707.94    | 0.23%             | 2033-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Detroit MI                                                                             | City of Detroit, Unlimited Tax, Series 2023A                                                                                                           | CUSIP: 2510936C9<br>LEI: 549300BQRJP7MKKHOY28 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2321926.00   | 0.63%             | 2039-05-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| State of Nevada Department of Business & Industry                                              | State of Nevada Department of Business and Industry, Brighline West Passenger Rail Project, Series 2025B                                               | CUSIP: 25457VBV7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    710000 | PA      | $383400.00    | 0.10%             | 2065-01-01      | Variable      | 12.00%                | Yes           |                  2 | On Loan: No      |
| District of Columbia Water & Sewer Authority                                                   | District of Columbia Water and Sewer Authority, Subordinate Lien, Series 2025A                                                                         | CUSIP: 254845UW8<br>LEI: 549300OT2FIJQJ5PSH71 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2241191.60   | 0.61%             | 2043-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia                                                                           | District of Columbia, Georgetown University Issue, Series 2025A                                                                                        | CUSIP: 25484JDJ6<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |   4250000 | PA      | $4911292.35   | 1.34%             | 2060-04-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Dominion Water & Sanitation District                                                           | Dominion Water and Sanitation District                                                                                                                 | CUSIP: 25755AAC5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    579000 | PA      | $584487.94    | 0.16%             | 2027-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Dominion Water & Sanitation District                                                           | Dominion Water and Sanitation District                                                                                                                 | CUSIP: 25755AAD3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $521506.60    | 0.14%             | 2032-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Douglasville-Douglas County Water & Sewer Authority                                            | Douglasville-Douglas County Water and Sewer Authority                                                                                                  | CUSIP: 259852HN4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2285991.80   | 0.62%             | 2041-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily VRD Certificates                                                             | FHLMC Multifamily VRD Certificates, Series ML-3                                                                                                        | CUSIP: 31350AEA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1067680.10   | 0.29%             | 2040-10-25      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp.                                                              | Florida Development Finance Corp., Brightline Florida Passenger Rail Project                                                                           | CUSIP: 340618DT1<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $931250.00    | 0.25%             | 2053-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp.                                                              | Florida Development Finance Corp., Series 2026B                                                                                                        | CUSIP: 34061QDW4<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2220578.40   | 0.61%             | 2056-08-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp.                                                              | Florida Development Finance Corp., Central Charter School Project, Series 2022                                                                         | CUSIP: 34061ULH9<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |   1515000 | PA      | $1511227.04   | 0.41%             | 2042-08-15      | Fixed         | 5.62%                 | Yes           |                  2 | On Loan: No      |
| Florida Development Finance Corp.                                                              | Florida Development Finance Corp., GFL Solid Waste Southeast LLC Project, Series 2024A                                                                 | CUSIP: 34061XAG7<br>LEI: 549300HC854CNBLMWC48 | Long             | STIV             | MUN               | US        |   1000000 | PA      | $1015146.70   | 0.28%             | 2054-10-01      | Variable      | 4.38%                 | Yes           |                  2 | On Loan: No      |
| Florida Housing Finance Corp.                                                                  | Florida Housing Finance Corp., Homeowner Mortgage, Series 2025 5                                                                                       | CUSIP: 34074NFU8<br>LEI: 549300W0PCIJCI0JCF10 | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1990166.33   | 0.54%             | 2056-07-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Florida Local Government Finance Commission                                                    | Florida Local Government Finance Commission, Bridgeprep Academy Project, Series 2025A                                                                  | CUSIP: 34077EAC0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1044712.40   | 0.29%             | 2045-06-15      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| Foothill-De Anza Community College District                                                    | Foothill-De Anza Community College District                                                                                                            | CUSIP: 345102MW4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1245000 | PA      | $1246463.62   | 0.34%             | 2040-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fort Collins-Loveland Water District                                                           | Fort Collins-Loveland Water District                                                                                                                   | CUSIP: 347163CK1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1176858.10   | 0.32%             | 2038-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Gallatin TN Water & Sewer Revenue                                                      | City of Gallatin Water and Sewer                                                                                                                       | CUSIP: 363786ET7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1110000 | PA      | $1291766.83   | 0.35%             | 2038-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Goshen IN                                                                              | City of Goshen, Multi-Family, Green Oaks of Goshen Project, Series 2021A                                                                               | CUSIP: 38327MAA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $450814.40    | 0.12%             | 2041-08-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Great Lakes Water Authority Sewage Disposal System Revenue                                     | Great Lakes Water Authority Sewage Disposal System, Second Lien, Series 2025C                                                                          | CUSIP: 39081HHN5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1790000 | PA      | $1954303.03   | 0.53%             | 2045-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Hillsborough County Housing Finance Authority                                                  | Hillsborough County Housing Finance Authority, Multi- Family Tampa 47th Street Apartments, Series 2025A                                                | CUSIP: 43232EDE6<br>LEI: 5493003JJ1KK4FWWU787 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1089784.70   | 0.30%             | 2042-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Hillsborough County Industrial Development Authority                                           | Hillsborough County Industrial Development Authority, Baycare Health System, Series 2024E                                                              | CUSIP: 43233KAX2<br>LEI: N/A                  | Long             | STIV             | MUN               | US        |    675000 | PA      | $675000.00    | 0.18%             | 2054-11-15      | Variable      | 1.95%                 | No            |                  2 | On Loan: No      |
| City & County Honolulu HI Wastewater System Revenue                                            | City and County Honolulu Wastewater System, Series 2025B                                                                                               | CUSIP: 4387015C4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1700000 | PA      | $1883901.58   | 0.51%             | 2046-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Housing Options, Inc.                                                                          | Housing Options, Inc., The Culbreath                                                                                                                   | CUSIP: 44183TAM5<br>LEI: N/A                  | Long             | STIV             | MUN               | US        |   1000000 | PA      | $1021461.00   | 0.28%             | 2045-11-01      | Variable      | 3.75%                 | No            |                  2 | On Loan: No      |
| City of Houston TX Airport System Revenue                                                      | City of Houston Airport System, United Airlines, Inc., Terminal Improvement Projects, Series 2024B                                                     | CUSIP: 442349HU3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    650000 | PA      | $720059.02    | 0.20%             | 2034-07-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Houston TX Airport System Revenue                                                      | City of Houston Airport System, United Airlines, Inc., Terminal Improvement Projects, Series 2025B                                                     | CUSIP: 442349KA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1590656.55   | 0.43%             | 2029-07-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Idaho Health Facilities Authority                                                              | Idaho Health Facilities Authority, St. Luke's Health System Project, Series 2025B                                                                      | CUSIP: 451295H51<br>LEI: 549300X43KY1C2WW0J97 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1100403.70   | 0.30%             | 2060-03-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Housing Development Authority                                                         | Illinois Housing Development Authority, Series 2025A                                                                                                   | CUSIP: 45203MK34<br>LEI: 54930053Z6M9JVHBQZ16 | Long             | DBT              | MUN               | US        |    990000 | PA      | $1138921.54   | 0.31%             | 2055-10-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Illinois Housing Development Authority                                                         | Illinois Housing Development Authority, Series 2024A                                                                                                   | CUSIP: 45203MWL1<br>LEI: 54930053Z6M9JVHBQZ16 | Long             | DBT              | MUN               | US        |    890000 | PA      | $975330.35    | 0.27%             | 2054-10-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                                     | Illinois Finance Authority, Northwestern Memorial Healthcare, Series 2021B                                                                             | CUSIP: 45204FME2<br>LEI: 549300ZG6UBPNNNRN315 | Long             | STIV             | MUN               | US        |    845000 | PA      | $845000.00    | 0.23%             | 2055-07-15      | Variable      | 1.95%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                                     | Illinois Finance Authority, Lake Forest College, Series 2022A                                                                                          | CUSIP: 45204FRB3<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    380000 | PA      | $406592.40    | 0.11%             | 2039-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                                     | Illinois Finance Authority, University of Chicago, Series 2024A                                                                                        | CUSIP: 45204FWD3<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   1125000 | PA      | $1285858.01   | 0.35%             | 2032-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                                      | Indiana Finance Authority, CWA Authority Project, Series 2021-1                                                                                        | CUSIP: 45505MJQ0<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1127323.20   | 0.31%             | 2034-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                                      | Indiana Finance Authority, BHI Senior Living, Series 2018A                                                                                             | CUSIP: 45506DV44<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $997181.40    | 0.27%             | 2048-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Iowa Finance Authority                                                                         | Iowa Finance Authority, Senior Living Facility, Sunrise Retirement Community Project                                                                   | CUSIP: 46247CBW8<br>LEI: 549300NQVL49BTHOW391 | Long             | DBT              | MUN               | US        |    195000 | PA      | $194025.94    | 0.05%             | 2028-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Iowa Finance Authority                                                                         | Iowa Finance Authority, Senior Living Facility, Sunrise Retirement Community Project                                                                   | CUSIP: 46247CBY4<br>LEI: 549300NQVL49BTHOW391 | Long             | DBT              | MUN               | US        |    110000 | PA      | $108953.05    | 0.03%             | 2030-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Iowa Finance Authority                                                                         | Iowa Finance Authority, Senior Living Facility, Sunrise Retirement Community Project                                                                   | CUSIP: 46247CBZ1<br>LEI: 549300NQVL49BTHOW391 | Long             | DBT              | MUN               | US        |    105000 | PA      | $103695.86    | 0.03%             | 2031-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Iowa Finance Authority                                                                         | Iowa Finance Authority, Senior Living Facility, Sunrise Retirement Community Project                                                                   | CUSIP: 46247CCA5<br>LEI: 549300NQVL49BTHOW391 | Long             | DBT              | MUN               | US        |    445000 | PA      | $421501.46    | 0.12%             | 2036-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| JPMorgan Institutional Tax Free Money Market Fund                                              | JPMorgan Institutional Tax Free Money Market Fund, Class IM                                                                                            | CUSIP: 46645V725<br>LEI: 549300UURKD5II8M6J91 | Long             | STIV             | RF                | US        |  39051318 | NS      | $39055222.90  | 10.67%            |  |  |  | No            |                  1 | On Loan: No      |
| Jackson State University Educational Building Corp.                                            | Jackson State University Educational Building Corp., Series 2021A                                                                                      | CUSIP: 468714FG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $889986.30    | 0.24%             | 2034-03-01      | Fixed         | 1.40%                 | No            |                  2 | On Loan: No      |
| Jefferson County Port Authority                                                                | Jefferson County Port Authority, JSW Steel USA Ohio, Inc., Project, Series 2023                                                                        | CUSIP: 473318AB9<br>LEI: N/A                  | Long             | STIV             | MUN               | US        |   1000000 | PA      | $1025648.00   | 0.28%             | 2053-12-01      | Variable      | 5.00%                 | Yes           |                  2 | On Loan: No      |
| City of Jeffersonville IN                                                                      | City of Jeffersonville, Vivera Senior Living of Jeffersonville Project, Series 2020A                                                                   | CUSIP: 475666AA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    415000 | PA      | $399623.63    | 0.11%             | 2030-11-01      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| County of King Sewer Revenue                                                                   | County of King Sewer, Series 2016A                                                                                                                     | CUSIP: 4952893L2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000248.50   | 0.27%             | 2039-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Kings Local School District                                                                    | Kings Local School District, Unlimited Tax                                                                                                             | CUSIP: 496026ND3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2017420.20   | 0.55%             | 2026-07-09      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Lake Havasu City AZ Wastewater System Revenue                                          | City of Lake Havasu City Wastewater System, Senior Lien                                                                                                | CUSIP: 50989RAL4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1294930.78   | 0.35%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lee County Industrial Development Authority                                                    | Lee County Industrial Development Authority, Series 2019A-1                                                                                            | CUSIP: 52350LAK6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1235000 | PA      | $1299384.87   | 0.36%             | 2036-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lee County Industrial Development Authority/FL                                                 | Lee County Industrial Development Authority, Lee Health System, Inc. Project, Series 2026A-2                                                           | CUSIP: 52350LBB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2281024.60   | 0.62%             | 2065-04-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Legacy Denton Public Facility Corp.                                                            | Legacy Denton Public Facility Corp., Multifamily Housing Roselawn Village                                                                              | CUSIP: 52474GAC6<br>LEI: N/A                  | Long             | STIV             | MUN               | US        |   1000000 | PA      | $1007212.00   | 0.28%             | 2043-11-01      | Variable      | 3.15%                 | No            |                  2 | On Loan: No      |
| Long Island Power Authority                                                                    | Long Island Power Authority, Electric System, Series 2025B                                                                                             | CUSIP: 542691LD0<br>LEI: 1R46U5SYJ63KQXF39168 | Long             | STIV             | MUN               | US        |   1000000 | PA      | $1008637.50   | 0.28%             | 2055-09-01      | Variable      | 3.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power Water System Revenue                                   | Los Angeles Department of Water and Power, Water System, Series 2017A                                                                                  | CUSIP: 544525WL8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $958631.20    | 0.26%             | 2047-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power Water System Revenue                                   | Los Angeles Department of Water and Power Water System, Series 2018B                                                                                   | CUSIP: 544525XX1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1060906.70   | 0.29%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Louisiana Housing Corp.                                                                        | Louisiana Housing Corp., Single Family Mortgage, Series 2025A                                                                                          | CUSIP: 54627DTY7<br>LEI: 549300VL35TBE7RSJH61 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1112865.60   | 0.30%             | 2055-06-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Louisiana Public Facilities Authority                                                          | Louisiana Public Facilities Authority, Mentorship Steam Academy Project, Series 2021A                                                                  | CUSIP: 546399LN4<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |    385000 | PA      | $378618.97    | 0.10%             | 2036-06-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Louisiana Public Facilities Authority                                                          | Louisiana Public Facilities Authority, Mentorship Steam Academy Project, Series 2021A                                                                  | CUSIP: 546399LS3<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |    440000 | PA      | $408705.66    | 0.11%             | 2042-06-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Louisiana Public Facilities Authority                                                          | Louisiana Public Facilities Authority, Ochsner Clinic Foundation Project, Series 2025A                                                                 | CUSIP: 546399UN4<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1047167.50   | 0.29%             | 2055-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Louisiana Public Facilities Authority                                                          | Louisiana Public Facilities Authority, Ochsner Clinic Foundation Project, Series 2025A                                                                 | CUSIP: 546399UP9<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1067284.60   | 0.29%             | 2055-05-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas, Inc.                                                                  | Main Street Natural Gas, Inc., Gas Supply, Series 2021C                                                                                                | CUSIP: 56035DCZ3<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   2050000 | PA      | $2110712.60   | 0.58%             | 2052-05-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas, Inc.                                                                  | Main Street Natural Gas, Inc., Gas Supply, Series 2024E                                                                                                | CUSIP: 56035DJJ2<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1093481.40   | 0.30%             | 2055-05-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Manchester NH                                                                          | City of Manchester, School Facilities                                                                                                                  | CUSIP: 562358CK5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    900000 | PA      | $937369.08    | 0.26%             | 2027-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Mansfield Independent School District                                                          | Mansfield Independent School District, Unlimited Tax, Series 2024                                                                                      | CUSIP: 564386UE8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $919403.00    | 0.25%             | 2054-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Maricopa County Industrial Development Authority                                               | Maricopa County Industrial Development Authority, Arizona Autism Charter School Project, Series 2021A                                                  | CUSIP: 56681NGK7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1005035.35   | 0.27%             | 2041-07-01      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| Maricopa County Union High School District No. 216 Agua Fria                                   | Maricopa County Union High School District No. 216 Agua Fria, Project of 2023 and 2024                                                                 | CUSIP: 567541SD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    450000 | PA      | $529413.03    | 0.14%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maricopa County Union High School District No. 216 Agua Fria                                   | Maricopa County Union High School District No. 216 Agua Fria, Project of 2023 and 2024                                                                 | CUSIP: 567541SR9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    275000 | PA      | $327756.30    | 0.09%             | 2034-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maryland Health & Higher Educational Facilities Authority                                      | Maryland Health and Higher Educational Facilities Authority, Medstar Health, Inc., Series 2026B2                                                       | CUSIP: 57421CNT7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1155681.20   | 0.32%             | 2056-08-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                                       | Massachusetts Development Finance Agency, Lasell Village, Inc. Issue                                                                                   | CUSIP: 57585BJJ8<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1063450.70   | 0.29%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                                       | Massachusetts Development Finance Agency, Amherst College Issue, Series 2025A                                                                          | CUSIP: 57585BKD9<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1208352.30   | 0.33%             | 2055-11-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                                       | Massachusetts Development Finance Agency, PRG Medford Properties, Inc. Issue Tufts University Student Housing Program                                  | CUSIP: 57585BMN5<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1117187.40   | 0.31%             | 2040-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Water Resources Authority                                                        | Massachusetts Water Resources Authority, Green Bond, Series 2016C                                                                                      | CUSIP: 576051PN0<br>LEI: 549300GBS2G3YGHOYO19 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1001820.10   | 0.27%             | 2040-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Medical University Hospital Authority                                                          | Medical University Hospital Authority, An Agency of The State of south Carolina FHA Insured Hospital Mortgage, Indian Land Project                     | CUSIP: 58463YBH5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1070634.40   | 0.29%             | 2044-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Metropolitan Government Nashville and Davidson County, Health and Educational Facilities Board | Metropolitan Government Nashville and Davidson County, Health and Educational Facilities Board, Blakeford at Green Hills, Series 2020A                 | CUSIP: 592041YW1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1265000 | PA      | $1264807.09   | 0.35%             | 2038-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Government of Nashville & Davidson County TN Water & Sewer Revenue                | Metropolitan Government of Nashville and Davidson County Water and Sewer                                                                               | CUSIP: 5920983E5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2928220.50   | 0.80%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Government of Nashville & Davidson County TN Water & Sewer Revenue                | Metropolitan Government of Nashville and Davidson County Water and Sewer                                                                               | CUSIP: 5920983G0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2306371.00   | 0.63%             | 2038-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan St. Louis Sewer District                                                          | Metropolitan St. Louis Sewer District, Wastewater System Improvement, Series 2025C                                                                     | CUSIP: 592481RV9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1729313.10   | 0.47%             | 2039-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority                                                          | Metropolitan Transportation Authority, Series 2024B                                                                                                    | CUSIP: 59261A3L9<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1111200.50   | 0.30%             | 2041-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority                                                          | Metropolitan Transportation Authority, Climate Bond, Series 2025A                                                                                      | CUSIP: 59261A5A1<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1112342.60   | 0.30%             | 2043-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority                                                          | Metropolitan Transportation Authority, Series 2017D                                                                                                    | CUSIP: 59261ATB3<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |   1935000 | PA      | $2033053.22   | 0.56%             | 2033-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Miami-Dade County Educational Facilities Authority                                             | Miami-Dade County Educational Facilities Authority, Series 2024A                                                                                       | CUSIP: 59333ANQ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1162073.50   | 0.32%             | 2037-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Miami-Dade FL Water & Sewer System Revenue                                           | County of Miami-Dade Water and Sewer System, Series 2025B                                                                                              | CUSIP: 59334DRG1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1018246.30   | 0.28%             | 2042-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                                                     | Michigan Finance Authority, Trinity Health Credit Group, Series 2013MI-4                                                                               | CUSIP: 59447TYB3<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1019263.70   | 0.28%             | 2038-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                                                     | Michigan Finance Authority, Public Lighting Authority Refunding Local Project, Series 2025A                                                            | CUSIP: 59447UAL4<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1146294.40   | 0.31%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan State Housing Development Authority                                                   | Michigan State Housing Development Authority, Series 2025C                                                                                             | CUSIP: 594654K38<br>LEI: 549300NSWW1HVXE93T03 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2253226.60   | 0.62%             | 2056-06-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Michigan State Hospital Finance Authority                                                      | Michigan State Hospital Finance Authority, Corewell Health, Series 2025B-2                                                                             | CUSIP: 59465HXF8<br>LEI: 54930011MIBQ2P7ZNM19 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1158548.90   | 0.32%             | 2055-08-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan State University                                                                      | Michigan State University, Series 2025A                                                                                                                | CUSIP: 594712C74<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1052098.70   | 0.29%             | 2055-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Middleton Community Development District A                                                     | Middleton Community Development District A, City of Wildwood, Florida Special Assessment                                                               | CUSIP: 596681AC0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $541072.05    | 0.15%             | 2037-05-01      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| Minneapolis/St. Paul Housing Finance Board/MN                                                  | Minneapolis-St. Paul Housing Finance Board, Single Family Mortgage, City Living Home Programs, Series 2007A-2                                          | CUSIP: 603798AH2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     80000 | PA      | $80096.83     | 0.02%             | 2041-03-01      | Fixed         | 5.52%                 | No            |                  2 | On Loan: No      |
| Minnesota Housing Finance Agency                                                               | Minnesota Housing Finance Agency, Non Profit Housing, State Appropriation                                                                              | CUSIP: 60415N6M9<br>LEI: 549300R89XDTQBK4GE22 | Long             | DBT              | MUN               | US        |    825000 | PA      | $826802.46    | 0.23%             | 2026-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Minnesota Housing Finance Agency                                                               | Minnesota Housing Finance Agency, Series 2022M                                                                                                         | CUSIP: 60416TYA0<br>LEI: 549300R89XDTQBK4GE22 | Long             | DBT              | MUN               | US        |    920000 | PA      | $989249.50    | 0.27%             | 2053-01-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Minnesota Housing Finance Agency                                                               | Minnesota Housing Finance Agency, Residential Housing, Series 2024O                                                                                    | CUSIP: 60416UGU3<br>LEI: 549300R89XDTQBK4GE22 | Long             | DBT              | MUN               | US        |    960000 | PA      | $1093039.87   | 0.30%             | 2055-01-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Missouri State Environmental Improvement & Energy Resources Authority                          | Missouri State Environmental Improvement and Energy Resources Authority, Water Pollution Control and Drinking Water, Series 2015B                      | CUSIP: 60636UDC0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2002626.80   | 0.55%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Health & Educational Facilities Authority of the State of Missouri                             | Health and Educational Facilities Authority of the State of Missouri, Coxhealth Obligated Group, Series 2025A                                          | CUSIP: 60637AYQ9<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1166961.90   | 0.32%             | 2035-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Missouri Housing Development Commission                                                        | Missouri Housing Development Commission, Single Family, First Place Homeownership Loan Program, Series 2024A                                           | CUSIP: 60637B8J2<br>LEI: 5493007FBL7WCV3NKY25 | Long             | DBT              | MUN               | US        |    895000 | PA      | $997232.99    | 0.27%             | 2055-05-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Monroe County Industrial Development Corp.                                                     | Monroe County Industrial Development Corp., Academy of Health Sciences Charter School Project, Series 2022A                                            | CUSIP: 61075YAF4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $261754.13    | 0.07%             | 2032-07-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Montgomery County Higher Education and Health Authority                                        | Montgomery County Higher Education and Health Authority, Series 2022B                                                                                  | CUSIP: 613603G94<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2013166.40   | 0.55%             | 2057-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Multi-Family Housing, Bond Pass-Through Certificates                                           | Multi-Family Housing, Bond Pass-Through Certificates, Grand Reserve Apartments, Series 8                                                               | CUSIP: 62544MCD4<br>LEI: N/A                  | Long             | STIV             | MUN               | US        |    720000 | PA      | $720646.06    | 0.20%             | 2035-11-01      | Variable      | 5.95%                 | No            |                  2 | On Loan: No      |
| Multnomah & Clackamas Counties School District No. 10JT Gresham-Barlow                         | Multnomah and Clackamas Counties School District No. 10JT Gresham-Barlow, Series B                                                                     | CUSIP: 625482GF5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $675812.10    | 0.18%             | 2035-06-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                                       | New Hampshire Business Finance Authority, Series 2025-1, Class A-1                                                                                     | CUSIP: 63607WBD5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    991922 | PA      | $1002386.07   | 0.27%             | 2041-01-20      | Variable      | 4.17%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                                       | New Hampshire Business Finance Authority, Winston Salem Sustainable Energy Partners, Series 2025A                                                      | CUSIP: 63607YCW8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1056238.10   | 0.29%             | 2050-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Nebraska Investment Finance Authority                                                          | Nebraska Investment Finance Authority, Single Family Housing, Series 2024G                                                                             | CUSIP: 63968M7U7<br>LEI: 549300OIIXIM3SRZWK33 | Long             | DBT              | MUN               | US        |    990000 | PA      | $1119446.06   | 0.31%             | 2054-09-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| New Hope Higher Education Finance Corp.                                                        | New Hope Higher Education Finance Corp., Texas Christian University Project, Series 2026A                                                              | CUSIP: 645438CS9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1103593.00   | 0.30%             | 2043-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Mexico Mortgage Finance Authority                                                          | New Mexico Mortgage Finance Authority, Mountain View II & III Apartments Project                                                                       | CUSIP: 64719HEQ9<br>LEI: N/A                  | Long             | STIV             | MUN               | US        |   1000000 | PA      | $1000000.00   | 0.27%             | 2042-02-01      | Variable      | 2.97%                 | No            |                  2 | On Loan: No      |
| New York City Housing Development Corp.                                                        | New York City Housing Development Corp., Series 2023A                                                                                                  | CUSIP: 64966WHK6<br>LEI: 549300SQWVHKBRF8D702 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2011831.00   | 0.55%             | 2053-02-01      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| New York City Housing Development Corp.                                                        | New York City Housing Development Corp., Series 2025A                                                                                                  | CUSIP: 64966WKK2<br>LEI: 549300SQWVHKBRF8D702 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1279989.00   | 0.35%             | 2055-02-01      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Trust for Cultural Resources of The City of New York (The)                                     | Trust for Cultural Resources of The City of New York (The), Alvin Ailey Dance Foundation, Series 2016A                                                 | CUSIP: 649717TZ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1095000 | PA      | $1082047.57   | 0.30%             | 2041-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York City Municipal Water Finance Authority                                                | New York City Municipal Water Finance Authority, Water and Sewer System, Second General Resolution, Series 2009BB-2                                    | CUSIP: 64972FWL6<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | STIV             | MUN               | US        |    250000 | PA      | $250000.00    | 0.07%             | 2039-06-15      | Variable      | 2.00%                 | No            |                  2 | On Loan: No      |
| New York City Municipal Water Finance Authority                                                | New York City Municipal Water Finance Authority, Water and Sewer System, Second General Resolution, Fiscal Year 2023, Series 2023, Subseries B-1       | CUSIP: 64972GC44<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | STIV             | MUN               | US        |   6500000 | PA      | $6500000.00   | 1.78%             | 2044-06-15      | Variable      | 2.00%                 | No            |                  2 | On Loan: No      |
| New York City Municipal Water Finance Authority                                                | New York City Municipal Water Finance Authority, Second General Resolution, Series 2025CC                                                              | CUSIP: 64972GM68<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1164978.40   | 0.32%             | 2032-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Municipal Water Finance Authority                                                | New York City Municipal Water Finance Authority, Second General Resolution, Fiscal Year 2025, Series 2025DD                                            | CUSIP: 64972GP73<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1215015.30   | 0.33%             | 2039-06-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| New York City Municipal Water Finance Authority                                                | New York City Municipal Water Finance Authority, Second General Resolution, Fiscal Year 2026, Series 2026BB                                            | CUSIP: 64972GS96<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1063635.20   | 0.29%             | 2049-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                                             | New York State Dormitory Authority, Memorial Sloan Kettering Cancer Center, Series 2025 2-B                                                            | CUSIP: 64985SBY8<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1118235.40   | 0.31%             | 2049-07-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                                             | New York State Dormitory Authority, School Districts Financing Program, Series 2025A                                                                   | CUSIP: 64985SDE0<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1188661.00   | 0.32%             | 2033-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                                             | New York State Dormitory Authority, Mount Sinai Obligated Group                                                                                        | CUSIP: 64985SMR1<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1538019.45   | 0.42%             | 2045-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                                             | New York State Dormitory Authority, Rosewell Park Cancer Institute Obligated Group, Series 2025A                                                       | CUSIP: 64985SNG4<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1088837.80   | 0.30%             | 2050-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| New York State Environmental Facilities Corp.                                                  | New York State Environmental Facilities Corp., State Clean Water and Drinking Water Revolving Funds, Municipal Water Finance Authority Projects - Seco | CUSIP: 64986DPL3<br>LEI: 549300QJ33JJW73OQO60 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1079596.20   | 0.29%             | 2053-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                                             | New York State Dormitory Authority, New York University, Series 2019A                                                                                  | CUSIP: 64990GJS2<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $990518.40    | 0.27%             | 2045-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                                             | New York State Dormitory Authority, Brooklyn Law School, Series 2019A                                                                                  | CUSIP: 64990GMJ8<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1051789.90   | 0.29%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp.                                                      | New York Transportation Development Corp., JFK International Airport New Terminal One Project, Series 2023                                             | CUSIP: 650116GX8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2022021.60   | 0.55%             | 2049-06-30      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp.                                                      | New York Transportation Development Corp., JFK International Airport New Terminal One Project                                                          | CUSIP: 650116JH0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1122311.80   | 0.31%             | 2045-06-30      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| North Carolina Housing Finance Agency                                                          | North Carolina Housing Finance Agency, Homeownership-1998 Trust, Series 55-A                                                                           | CUSIP: 65820BBA3<br>LEI: EC4EE0PS5OP5O69B5C39 | Long             | DBT              | MUN               | US        |   1320000 | PA      | $1468750.01   | 0.40%             | 2055-07-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| North Carolina Medical Care Commission                                                         | North Carolina Medical Care Commission, Twin Lakes Community, Series 2025A                                                                             | CUSIP: 65820YTT3<br>LEI: 549300FH6KOXGCHQYG81 | Long             | DBT              | MUN               | US        |    250000 | PA      | $253159.78    | 0.07%             | 2055-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| North Texas Municipal Water District                                                           | North Texas Municipal Water District, Panther Creek Regional Wastewater System                                                                         | CUSIP: 66283AKW5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1855000 | PA      | $2041016.99   | 0.56%             | 2043-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| North Texas Municipal Water District Water System Revenue                                      | North Texas Municipal Water District Water System                                                                                                      | CUSIP: 662903H97<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2350957.20   | 0.64%             | 2036-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Northeast Ohio Medical University                                                              | Northeast Ohio Medical University, Series 2022                                                                                                         | CUSIP: 66433RCU0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1198729.29   | 0.33%             | 2037-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Ohio                                                                                  | State of Ohio, Children's Hospital Medical Center of Akron, Series 2024B                                                                               | CUSIP: 67756CGB8<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1125272.20   | 0.31%             | 2054-08-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Ohio Water Development Authority                                                               | Ohio Water Development Authority, Drinking Water Assistance, Series 2025A                                                                              | CUSIP: 67765QSX5<br>LEI: 549300QMBH1DMY67FZ74 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2276295.80   | 0.62%             | 2042-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Okaloosa FL Water & Sewer Revenue                                                    | County of Okaloosa Water and Sewer                                                                                                                     | CUSIP: 678252GE1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2020000 | PA      | $2367574.94   | 0.65%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Oklahoma Development Finance Authority                                                         | Oklahoma Development Finance Authority Health System, OU Medicine Project, Series 2018B                                                                | CUSIP: 67884XCK1<br>LEI: 549300PXGPHUWC32DJ91 | Long             | DBT              | MUN               | US        |    200000 | PA      | $200568.48    | 0.05%             | 2052-08-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Oklahoma Development Finance Authority                                                         | Oklahoma Development Finance Authority, Health System, OU Medicine Project, Series 2018B                                                               | CUSIP: 67884XCN5<br>LEI: 549300PXGPHUWC32DJ91 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1001680.90   | 0.27%             | 2057-08-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Oklahoma Housing Finance Agency                                                                | Oklahoma Housing Finance Agency, Home Ownership Loan Program, Series 2025A                                                                             | CUSIP: 67886MW88<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1147398.60   | 0.31%             | 2056-09-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Oklahoma Water Resources Board                                                                 | Oklahoma Water Resources Board, Clean Water Program                                                                                                    | CUSIP: 67919PVS9<br>LEI: 5493007CUNXW5UX11C71 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2329407.40   | 0.64%             | 2038-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Oklahoma Water Resources Board                                                                 | Oklahoma Water Resources Board, Clean Water Program, Series 2025A                                                                                      | CUSIP: 67919PWV1<br>LEI: 5493007CUNXW5UX11C71 | Long             | DBT              | MUN               | US        |   1900000 | PA      | $2074199.41   | 0.57%             | 2044-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Oklahoma Water Resources Board                                                                 | Oklahoma Water Resources Board, State Loan Program, Series 2021D                                                                                       | CUSIP: 67920QP85<br>LEI: 5493007CUNXW5UX11C71 | Long             | DBT              | MUN               | US        |   2035000 | PA      | $2009985.37   | 0.55%             | 2046-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Onondaga County Trust for Cultural Resources                                                   | Onondaga County Trust for Cultural Resources, Syracuse University Project                                                                              | CUSIP: 68276FDR8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $956686.60    | 0.26%             | 2047-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Onondaga Civic Development Corp.                                                               | Onondaga Civic Development Corp., Syracuse University Project                                                                                          | CUSIP: 682832LK4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000793.70   | 0.27%             | 2050-12-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Oregon State Facilities Authority                                                              | Oregon State Facilities Authority, Peacehealth, Series 2018A                                                                                           | CUSIP: 68608JXD8<br>LEI: N/A                  | Long             | STIV             | MUN               | US        |   2175000 | PA      | $2175000.00   | 0.59%             | 2034-08-01      | Variable      | 1.90%                 | No            |                  2 | On Loan: No      |
| Palm Beach County Health Facilities Authority                                                  | Palm Beach County Health Facilities Authority, Lifespace Communities, Inc., Series 2019B                                                               | CUSIP: 696507UR1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $473113.05    | 0.13%             | 2053-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Palm Beach County Housing Finance Authority                                                    | Palm Beach County Health Facilities Authority, Multi Family Housing Everglades Townhomes                                                               | CUSIP: 696513AV2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000273.50   | 0.27%             | 2027-02-01      | Variable      | 2.80%                 | No            |                  2 | On Loan: No      |
| Palm Beach County Health Facilities Authority                                                  | Palm Beach County Health Facilities Authority, Jupiter Medical Center                                                                                  | CUSIP: 69651ACZ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1017967.20   | 0.28%             | 2055-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Peace River Manasota Regional Water Supply Authority                                           | Peace River Manasota Regional Water Supply Authority, Utility System, Series 2025A                                                                     | CUSIP: 704612GL8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3847267.55   | 1.05%             | 2045-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority                                          | Pennsylvania Economic Development Financing Authority, Presbyterian Senior Living Homes, Series 2021                                                   | CUSIP: 70869PNK9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $672827.85    | 0.18%             | 2046-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Housing Finance Agency                                                            | Pennsylvania Housing Finance Agency, Single Family Mortgage, Series 2024-145A                                                                          | CUSIP: 70879QWN9<br>LEI: 549300JZVUPNWP77SP29 | Long             | DBT              | MUN               | US        |    965000 | PA      | $1060279.18   | 0.29%             | 2054-10-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Housing Finance Agency                                                            | Pennsylvania Housing Finance Agency, Single Family Mortgage, Series 2025-150A                                                                          | CUSIP: 70879QZ71<br>LEI: 549300JZVUPNWP77SP29 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1161827.10   | 0.32%             | 2055-10-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Philadelphia Authority for Industrial Development                                              | Philadelphia Authority for Industrial Development, City Service Agreement Rebuild Project, Series 2025A                                                | CUSIP: 71783DDS1<br>LEI: 549300DIY68KQZEW7M79 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3559284.90   | 0.97%             | 2035-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Redevelopment Authority of the City of Philadelphia                                            | Redevelopment Authority of the City of Philadelphia, Service Agreement, Series 2024B                                                                   | CUSIP: 717868JP9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    850000 | PA      | $931396.17    | 0.25%             | 2042-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Plano Independent School District                                                              | Plano Independent School District, Unlimited Tax                                                                                                       | CUSIP: 727199E23<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1082608.90   | 0.30%             | 2029-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kentucky Public Energy Authority                                                               | Kentucky Public Energy Authority, Gas Supply, Series 2024A                                                                                             | CUSIP: 74440DEL4<br>LEI: 549300XEJZWHYSY4SL55 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1071484.40   | 0.29%             | 2055-05-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Kentucky Public Energy Authority                                                               | Kentucky Public Energy Authority, Gas Supply, Series 2025B                                                                                             | CUSIP: 74440DFQ2<br>LEI: 549300XEJZWHYSY4SL55 | Long             | DBT              | MUN               | US        |    750000 | PA      | $799184.70    | 0.22%             | 2033-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                                       | Public Finance Authority, Senior Lien                                                                                                                  | CUSIP: 74442PF67<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1054989.40   | 0.29%             | 2049-07-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                                       | Public Finance Authority, Maniilaq Association Employee Housing Project                                                                                | CUSIP: 74442PV77<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1109698.10   | 0.30%             | 2032-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                                       | Public Finance Authority, Ripple Ranch, LLC Obligate, Series 2021A                                                                                     | CUSIP: 74443XAC1<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    200000 | PA      | $130779.42    | 0.04%             | 2051-12-01      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| Rhode Island Housing & Mortgage Finance Corp.                                                  | Rhode Island Housing and Mortgage Finance Corp., Homeowenership, Series 84-A                                                                           | CUSIP: 76221SGH8<br>LEI: 254900N9FNYNPO539444 | Long             | DBT              | MUN               | US        |   1450000 | PA      | $1544511.15   | 0.42%             | 2044-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Rhode Island Health and Educational Building Corp.                                             | Rhode Island Health and Educational Building Corp., Brown university Health, Series 2026B                                                              | CUSIP: 762244PD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1107897.70   | 0.30%             | 2031-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Roswell Development Authority                                                                  | Roswell Development Authority, Wellsatar Healthcare, Inc., Series 2025A                                                                                | CUSIP: 77853AAA1<br>LEI: N/A                  | Long             | STIV             | MUN               | US        |   1250000 | PA      | $1250000.00   | 0.34%             | 2047-04-01      | Variable      | 1.90%                 | No            |                  2 | On Loan: No      |
| Rutherford County Health & Educational Facilities Board                                        | Rutherford County Health and Educational Facilities Board, Ascension Senior Credit Group, Series 2025B1                                                | CUSIP: 78324PAK5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1101443.80   | 0.30%             | 2048-11-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| San Antonio Water System                                                                       | San Antonio Water System, Junior Lien, Series 2024B                                                                                                    | CUSIP: 79642GQX3<br>LEI: 549300S7VENCVRZAA322 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1113293.10   | 0.30%             | 2030-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Joaquin Valley Clean Energy Authority                                                      | San Joaquin Valley Clean Energy Authority, Series 2025A                                                                                                | CUSIP: 79811YAK4<br>LEI: 254900VA5DFN33OVGH87 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1138965.40   | 0.31%             | 2056-01-01      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| City of Seattle WA Municipal Light & Power Revenue                                             | City of Seattle Municipal Light and Power                                                                                                              | CUSIP: 812643D50<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1570000 | PA      | $1874408.09   | 0.51%             | 2036-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Seattle WA Water System Revenue                                                        | City of Seattle Water System                                                                                                                           | CUSIP: 812728B36<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1064846.10   | 0.29%             | 2050-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Seattle WA Water System Revenue                                                        | City of Seattle Water System                                                                                                                           | CUSIP: 812728ZU0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1203525.20   | 0.33%             | 2035-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Seminole County Industrial Development Authority                                               | Seminole County Industrial Development Authority, Legacy Pointe at UCF Project, Series 2019A                                                           | CUSIP: 81669TAD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $483068.55    | 0.13%             | 2054-11-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| County of Seminole FL Water & Sewer Revenue                                                    | County of Seminole Water and Sewer, Series 2025A                                                                                                       | CUSIP: 816705KU0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1216514.00   | 0.33%             | 2036-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Shelby County Health Educational & Housing Facilities Board                                    | Shelby County Health Educational and Housing Facilities Board, Baptism Memorial Health Obligated Group, Series 2024B                                   | CUSIP: 821691AC6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1065114.50   | 0.29%             | 2049-09-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Shelby County Health Educational & Housing Facilities Board                                    | Shelby County Health Educational and Housing Facilities Board, Baptism Memorial Health Obligated Group, Series 2025B                                   | CUSIP: 821691AD4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1086761.90   | 0.30%             | 2044-09-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Shelby County Health Educational & Housing Facilities Board                                    | Shelby County Health Educational and Housing Facilities Board, The Farms at Bailey Station Project, Series 2019A                                       | CUSIP: 82170KAG2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $669595.70    | 0.18%             | 2059-10-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs-Economic Development Authority                                             | South Carolina Jobs-Economic Development Authority, Foothill Affordable Housing, Series 2025                                                           | CUSIP: 837031H63<br>LEI: 5493006X47I9VG3DL112 | Long             | STIV             | MUN               | US        |   2355000 | PA      | $2455396.24   | 0.67%             | 2062-03-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| South Carolina State Housing Finance & Development Authority                                   | South Carolina State Housing Finance and Development Authority, Series 2026A                                                                           | CUSIP: 83712GCG2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1142923.70   | 0.31%             | 2056-07-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| South Dakota Health & Educational Facilities Authority                                         | South Dakota Health and Educational Facilities Authority, Monument Health                                                                              | CUSIP: 83755V2H6<br>LEI: 549300ZW6LKR8UI2C378 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1095483.60   | 0.30%             | 2043-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Dakota Health & Educational Facilities Authority                                         | South Dakota Health and Educational Facilities Authority, Sanford, Series 2025B                                                                        | CUSIP: 83755VW26<br>LEI: 549300ZW6LKR8UI2C378 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1165202.70   | 0.32%             | 2036-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Dakota Housing Development Authority                                                     | South Dakota Housing Development Authority, Series 2024C                                                                                               | CUSIP: 83756LBH7<br>LEI: 549300G853EK61667C18 | Long             | DBT              | MUN               | US        |    980000 | PA      | $1116089.17   | 0.30%             | 2055-11-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| South Dakota Housing Development Authority                                                     | South Dakota Housing Development Authority, Series 2025A                                                                                               | CUSIP: 83756LBS3<br>LEI: 549300G853EK61667C18 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1158973.80   | 0.32%             | 2055-11-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| City of South Miami Health Facilities Authority, Inc.                                          | City of South Miami Health Facilities Authority, Inc., Baptist Health South, Series 2025B                                                              | CUSIP: 838810EM7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1097961.10   | 0.30%             | 2065-08-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Tacoma WA Electric System Revenue                                                      | City of Tacoma Electric System, Series 2025B                                                                                                           | CUSIP: 873519RG9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1655000 | PA      | $1946432.59   | 0.53%             | 2034-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tarrant County Cultural Education Facilities Finance Corp.                                     | Tarrant County Cultural Education Facilities Finance Corp., Health Resources System, Series 2025C                                                      | CUSIP: 87638TJU8<br>LEI: 549300ROY505NVTMMI25 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2258048.20   | 0.62%             | 2064-11-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Tennessee Energy Acquisition Corp.                                                             | Tennessee Energy Acquisition Corp., Gas Project, Series 2026A                                                                                          | CUSIP: 880443JQ0<br>LEI: 549300OJ2Z8PGEY46K92 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1107642.50   | 0.30%             | 2034-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Terrell Independent School District/TX                                                         | Terrell Independent School District, Kaufman and Hunt Counties, Unlimited Tax                                                                          | CUSIP: 881405NN0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1776848.40   | 0.49%             | 2036-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Municipal Gas Acquisition & Supply Corp. V                                               | Texas Municipal Gas Acquisition and Supply Corp. V, Gas Supply, Series 2024                                                                            | CUSIP: 88256RAK2<br>LEI: 254900XZ4J30QIJO9G03 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1094260.70   | 0.30%             | 2055-01-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas State Affordable Housing Corp.                                                           | Texas State Affordable Housing Corp., Multi Family Housing La Vista De Lopez Apartment                                                                 | CUSIP: 88271FFN8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1200142.80   | 0.33%             | 2027-02-01      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| State of Texas                                                                                 | State of Texas, College Student Loan                                                                                                                   | CUSIP: 8827242Z9<br>LEI: 549300X9CH74QB747L76 | Long             | DBT              | MUN               | US        |   1655000 | PA      | $1920874.92   | 0.52%             | 2035-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Texas                                                                                 | State of Texas, Series 2025B                                                                                                                           | CUSIP: 8827244U8<br>LEI: 549300X9CH74QB747L76 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1174029.20   | 0.32%             | 2036-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Water Development Board                                                                  | Texas Water Development Board, State Water Implementation Fund, Series 2019A                                                                           | CUSIP: 882854Z62<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4365000 | PA      | $4316546.75   | 1.18%             | 2044-10-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Texas Water Development Board                                                                  | Texas Water Development Board                                                                                                                          | CUSIP: 88285AJQ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2388123.00   | 0.65%             | 2036-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Toledo OH Water System Revenue                                                         | City of Toledo Water System, Waterworks                                                                                                                | CUSIP: 889396SP3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1451604.18   | 0.40%             | 2032-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                                           | Triborough Bridge and Tunnel Authority, MTA Bridges and Tunnels, Series 2024C                                                                          | CUSIP: 89602HHW0<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |   2625000 | PA      | $3056238.15   | 0.83%             | 2038-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                                           | Triborough Bridge and Tunnel Authority, Payroll Mobility Tax, Series 2025B-2                                                                           | CUSIP: 89602HJB4<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2720227.00   | 0.74%             | 2029-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Board of Regents of the University of Texas System                                             | Board of Regents of the University of Texas System, Series 2024A                                                                                       | CUSIP: 91514AMB8<br>LEI: TEHUYFNKZR6XVWLGEU86 | Long             | DBT              | MUN               | US        |   1155000 | PA      | $1297482.07   | 0.35%             | 2042-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Utah Associated Municipal Power Systems                                                        | Utah Associated Municipal Power Systems, Horse Butte Wind Project, Series 2017B                                                                        | CUSIP: 917328SE7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1700000 | PA      | $1774032.11   | 0.48%             | 2033-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Vancouver Housing Authority                                                                    | Vancouver Housing Authority, Series 2017 A                                                                                                             | CUSIP: 921626PR2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1785000 | PA      | $1781729.52   | 0.49%             | 2039-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Vancouver Housing Authority                                                                    | Vancouver Housing Authority, Series 2025                                                                                                               | CUSIP: 921626PU5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2116516.00   | 0.58%             | 2038-02-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Via Metropolitan Transit Advanced Transportation District Sales Tax Revenue                    | Via Metropolitan Transit Advanced Transportation District Sales Tax, Series 2024                                                                       | CUSIP: 92555FCQ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1089798.20   | 0.30%             | 2029-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Village Community Development District No. 15                                                  | Village Community Development District No. 15                                                                                                          | CUSIP: 92708KAA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    220000 | PA      | $223307.92    | 0.06%             | 2028-05-01      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |
| Washington Metropolitan Area Transit Authority Dedicated Revenue                               | Washington Metropolitan Area Transit Authority Dedicated, Second Lien, Series 2023A                                                                    | CUSIP: 93878YDS5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2082441.40   | 0.57%             | 2048-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington Metropolitan Area Transit Authority Dedicated Revenue                               | Washington Metropolitan Area Transit Authority Dedicated, Series 2024A                                                                                 | CUSIP: 93878YDW6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1555000 | PA      | $1488985.27   | 0.41%             | 2056-07-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Washington Metropolitan Area Transit Authority Dedicated Revenue                               | Washington Metropolitan Area Transit Authority Dedicated, Second Lien, Series 2025A                                                                    | CUSIP: 93878YEB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2115988.80   | 0.58%             | 2055-07-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Washington State Housing Finance Commission                                                    | Washington State Housing Finance Commission, Seattle Academy of Arts and Science Project, Series 2023                                                  | CUSIP: 93978LGK6<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |    250000 | PA      | $258455.78    | 0.07%             | 2028-07-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Washington State Housing Finance Commission                                                    | Washington State Housing Finance Commission, Seattle Academy of Arts and Science Project, Series 2023                                                  | CUSIP: 93978LGL4<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |    740000 | PA      | $806953.35    | 0.22%             | 2033-07-01      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| Washington State Housing Finance Commission                                                    | Washington State Housing Finance Commission, Blakeley and Laurel Villages Portfolio, Series 2025A                                                      | CUSIP: 93978LJM9<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1024184.40   | 0.28%             | 2050-07-01      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| Washington Suburban Sanitary Commission                                                        | Washington Suburban Sanitary Commission, Maryland Montgomery and Prince George's Counties Maryland Consolidated Public Improvement, Series 2024        | CUSIP: 940158FZ6<br>LEI: 549300EZUWNTQF827C24 | Long             | DBT              | MUN               | US        |   1225000 | PA      | $1240898.05   | 0.34%             | 2044-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of West Palm Beach FL Utility System Revenue                                              | City of West Palm Beach Utility System, Series 2017A                                                                                                   | CUSIP: 955121QA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1021989.00   | 0.28%             | 2042-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| West Virginia Hospital Finance Authority                                                       | West Virginia Hospital Finance Authority, University Health System, Series 2023A                                                                       | CUSIP: 956622V68<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    505000 | PA      | $555166.14    | 0.15%             | 2040-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Westchester County Local Development Corp.                                                     | Westchester County Local Development Corp., Purchase Senior Learning Community, Inc., Project, Series 2021A                                            | CUSIP: 95737TEV4<br>LEI: 549300KOSU8OC75V9238 | Long             | DBT              | MUN               | US        |   1160000 | PA      | $978590.27    | 0.27%             | 2056-07-01      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| Wisconsin Housing & Economic Development Authority Home Ownership Revenue                      | Wisconsin Housing and Economic Development Authority, Home Ownership, Series 2024A                                                                     | CUSIP: 97689QTU0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    980000 | PA      | $1071764.06   | 0.29%             | 2054-09-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Housing and Economic Development Authority, Home Ownership                           | Wisconsin Housing and Economic Development Authority, Home Ownership, Series 2024C                                                                     | CUSIP: 97689QWD4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1480000 | PA      | $1640159.98   | 0.45%             | 2055-03-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                                            | Wisconsin Health and Educational Facilities Authority, Milwaukee Regional Medical Center Thermal Service                                               | CUSIP: 97712DT63<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   1165000 | PA      | $1229575.72   | 0.34%             | 2035-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                                            | Wisconsin Health and Educational Facilities Authority, Franciscan Sisters of Christian Charity Sponsored Ministries, Inc., Series 2017A                | CUSIP: 97712DYD2<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |    785000 | PA      | $818293.50    | 0.22%             | 2027-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                                            | Washington Health Care Facilities Authority, Fred Hutchinson Cancer Research Center, Series 2024A                                                      | CUSIP: 97712JLL5<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1178904.80   | 0.32%             | 2035-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                                            | Wisconsin Health and Educational Facilities Authority, Wisconsin Housing Reservation, Series 2026A                                                     | CUSIP: 97712JRE5<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1127720.60   | 0.31%             | 2035-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                                            | U.S. Treasury 10 Year Note                                                                                                                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |        67 | NC      | $32867.99     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                                                            | U.S. Treasury 30 Year Bond                                                                                                                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |      1125 | NC      | $149413.50    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                                                            | U.S. Treasury 30 Year Bond                                                                                                                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |     -1125 | NC      | $-87890.63    | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |

### Signature

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

**Name of Applicant:** J.P. Morgan Exchange-Traded Fund Trust

**Signature:** Timothy J. Clemens

**Name of Signer:** Timothy J. Clemens

**Title:** Treasurer and Principal Financial Officer