# EDGAR Filing Document

**Accession Number:** 0000899774
**File Stem:** 0001410368-26-040406
**Filing Date:** 2026-4
**Character Count:** 112531
**Document Hash:** bbed4bf59ec9c5a54b53d57ca3ded2f4
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001410368-26-040406.hdr.sgml**: 20260424

**ACCESSION NUMBER**: 0001410368-26-040406

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260228

**FILED AS OF DATE**: 20260424

**DATE AS OF CHANGE**: 20260424

**PERIOD START**: 20260531

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** AB MUNICIPAL INCOME FUND II
- **CENTRAL INDEX KEY:** 0000899774

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 0930

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-07618
- **FILM NUMBER:** 26895245

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

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

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

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** ALLIANCE MUNICIPAL INCOME FUND II
- **DATE OF NAME CHANGE:** 19930714

## Series and Classes Contracts Data

### AB Massachusetts Portfolio (Series ID: S000010355)

| Class ID   | Class Name    | Ticker Symbol   |
|:---|:---|:---|
| C000028643 | Class A       | AMAAX           |
| C000028645 | Class C       | AMACX           |
| C000082955 | Advisor Class | AMAYX           |

## Nport-Ex

**AB Municipal Income Fund II** 

**AB Massachusetts Portfolio** 

**Portfolio of Investments** 

**February 28, 2026 (unaudited)** 

---

| | | |
|:---|:---|:---|
| | **Principal<br>Amount<br>(000)** | **U.S. $ Value** |
|  **MUNICIPAL OBLIGATIONS – 97.5%** |  |  |
|  **Long-Term Municipal Bonds – 96.5%** |  |  |
|  **Massachusetts – 83.1%** |  |  |
|  City of Quincy MA<br> (City of Quincy MA)<br>Series 2022-A<br>5.00%, 06/01/2047 | $&nbsp;&nbsp;&nbsp;&nbsp;3060 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3502746 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2025<br>5.00%, 07/24/2026 | 7255 | 7329478 |
|  City of Worcester MA<br> (City of Worcester MA)<br>AG Series 2022<br>3.00%, 02/01/2046 | 2600 | 2075932 |
|  Commonwealth of Massachusetts<br> (Commonwealth of Massachusetts)<br>Series 2018-A<br>5.00%, 01/01/2042 | 5000 | 5173718 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021-B<br>2.00%, 04/01/2050 | 1000 | 607528 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022-B<br>3.00%, 02/01/2045 | 2965 | 2453086 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.11%, 07/15/2031 | 346 | 349124 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022-C<br>5.00%, 10/01/2052 | 2005 | 2085703 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022-D<br>5.00%, 11/01/2028 | 2000 | 2155022 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2024<br>5.00%, 12/01/2054 | 5000 | 5246557 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2024-E<br>5.00%, 08/01/2054 | 1670 | 1749788 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2025-A<br>5.00%, 04/01/2045 | 1500 | 1646878 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2025-G<br>5.00%, 12/01/2046 | 2000 | 2181310 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 12/01/2055 | 1500 | 1577954 |
|  Commonwealth of Massachusetts Transportation Fund Revenue<br> (Commonwealth of Massachusetts Transportation Fund Revenue)<br>Series 2022<br>5.00%, 06/01/2050 | 2000 | 2075603 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022-B<br>5.00%, 06/01/2052 | 3000 | 3115159 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2023<br>5.00%, 06/01/2053 | 1405 | 1466129 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2023-B<br>5.00%, 06/01/2051 | 3000 | 3138277 |
|  Marthas Vineyard Land Bank<br> (Marthas Vineyard Land Bank)<br>BAM Series 2014<br>5.00%, 05/01/2031 | 1000 | 1010066 |
|  Massachusetts Bay Transportation Authority Sales Tax Revenue<br> (Massachusetts Bay Transportation Authority Sales Tax Revenue)<br>Series 2017-A<br>5.00%, 07/01/2040 | 2000 | 2056413 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020<br>5.00%, 07/01/2050 | 3000 | 3053340 |

---

------

---

| | | |
|:---|:---|:---|
| | **Principal<br>Amount<br>(000)** | **U.S. $ Value** |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2023-A<br>5.25%, 07/01/2048 | $&nbsp;&nbsp;&nbsp;&nbsp;1000 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1075448 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 07/01/2053 | 4000 | 4251004 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2025-B<br>5.00%, 07/01/2045 | 500 | 551282 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 07/01/2055 | 3500 | 3758543 |
|  Massachusetts Clean Water Trust (The)<br> (Massachusetts Clean Water State Revolving Fund)<br>Series 2023-2<br>5.00%, 02/01/2040 | 600 | 677350 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 02/01/2042 | 1050 | 1166153 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 02/01/2044 | 1500 | 1635872 |
|  Massachusetts Development Finance Agency<br> (Baystate Medical Obligated Group)<br>Series 2014-N<br>5.00%, 07/01/2044 | 7150 | 7154975 |
|  Massachusetts Development Finance Agency<br> (Beth Israel Lahey Health Obligated Group)<br>Series 2018-J<br>5.00%, 07/01/2053 | 3000 | 3020806 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2023<br>5.00%, 07/01/2034 | 2000 | 2315681 |
| &nbsp;&nbsp;&nbsp;&nbsp; AG Series 2025<br>5.00%, 07/01/2030 | 1000 | 1111270 |
|  Massachusetts Development Finance Agency<br> (Boston Medical Center Obligated Group)<br>Series 2015-D<br>5.00%, 07/01/2044 | 3755 | 3756942 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2023<br>4.375%, 07/01/2052 | 2000 | 1814539 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 07/01/2052 | 2000 | 1993426 |
|  Massachusetts Development Finance Agency<br> (Brandeis University)<br>Series 2019-S<br>5.00%, 10/01/2035 | 1795 | 1914235 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 10/01/2039 | 1780 | 1880075 |
|  Massachusetts Development Finance Agency<br> (Care Communities Obligated Group)<br>Series 2025<br>6.375%, 07/15/2045<sup>(a)</sup> | 600 | 616491 |
|  Massachusetts Development Finance Agency<br> (CHF Merrimack, Inc.)<br>Series 2024<br>5.00%, 07/01/2054<sup>(a)</sup> | 2200 | 2160222 |
|  Massachusetts Development Finance Agency<br> (Children's Hospital Obligated Group)<br>Series 2024-T<br>5.25%, 03/01/2054 | 2000 | 2122107 |
|  Massachusetts Development Finance Agency<br> (Emerson College)<br>Series 2016-A<br>5.00%, 01/01/2047 | 1000 | 992154 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 01/01/2042 | 1000 | 1005454 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2025<br>5.25%, 01/01/2038 | 1210 | 1340171 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 01/01/2041 | 1230 | 1319829 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 01/01/2043 | 1000 | 1050024 |

---

------

---

| | | |
|:---|:---|:---|
| | **Principal<br>Amount<br>(000)** | **U.S. $ Value** |
|  Massachusetts Development Finance Agency<br> (Emmanuel College/MA)<br>Series 2016-A<br>5.00%, 10/01/2031 | $&nbsp;&nbsp;&nbsp;&nbsp;2000 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2011220 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 10/01/2034 | 2100 | 2108237 |
|  Massachusetts Development Finance Agency<br> (Equitable School Revolving Fund Obligated Group)<br>Series 2021<br>4.00%, 11/01/2046 | 1000 | 938690 |
|  Massachusetts Development Finance Agency<br> (GingerCare Living Obligated Group)<br>Series 2024-A<br>5.875%, 12/01/2060<sup>(a)</sup> | 1000 | 937046 |
|  Massachusetts Development Finance Agency<br> (Lesley University)<br>Series 2016<br>5.00%, 07/01/2039 | 2055 | 2058526 |
|  Massachusetts Development Finance Agency<br> (Mass General Brigham)<br>Series 2015-O<br>4.00%, 07/01/2045 | 5855 | 5607897 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2016<br>5.00%, 07/01/2031 | 1000 | 1008892 |
|  Massachusetts Development Finance Agency<br> (Massachusetts Institute of Technology)<br>Series 2020<br>5.00%, 07/01/2050 | 2050 | 2325444 |
|  Massachusetts Development Finance Agency<br> (MCPHS University)<br>Series 2013-F<br>4.00%, 07/01/2032 | 1000 | 1000551 |
|  Massachusetts Development Finance Agency<br> (Merrimack College)<br>Series 2017<br>5.00%, 07/01/2047 | 3200 | 3149946 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022<br>5.00%, 07/01/2052 | 1000 | 970912 |
|  Massachusetts Development Finance Agency<br> (NewBridge on the Charles)<br>Series 2017<br>5.00%, 10/01/2047<sup>(a)</sup> | 2000 | 2002889 |
|  Massachusetts Development Finance Agency<br> (Northeastern University)<br>Series 2022<br>5.00%, 10/01/2041 | 1500 | 1666397 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 10/01/2042 | 3000 | 3300277 |
|  Massachusetts Development Finance Agency<br> (Prerefunded - US Treasuries)<br>Series 2019-A<br>5.00%, 06/01/2039 | 1400 | 1521947 |
|  Massachusetts Development Finance Agency<br> (President & Fellows of Harvard College)<br>Series 2016-A<br>5.00%, 07/15/2036 | 700 | 855837 |

---

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---

| | | |
|:---|:---|:---|
| | **Principal<br>Amount<br>(000)** | **U.S. $ Value** |
|  Massachusetts Development Finance Agency<br> (PRG Medford Properties)<br>Series 2025<br>5.25%, 06/01/2055 | $&nbsp;&nbsp;&nbsp;&nbsp;3250 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3401821 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 06/01/2050 | 4000 | 4318442 |
|  Massachusetts Development Finance Agency<br> (Salem Community Obligated Group)<br>Series 2022<br>5.125%, 01/01/2040 | 1020 | 1041852 |
|  Massachusetts Development Finance Agency<br> (Simmons University)<br>Series 2020-M<br>4.00%, 10/01/2050 | 1000 | 689611 |
|  Massachusetts Development Finance Agency<br> (South Shore Hospital Obligated Group)<br>Series 2016-I<br>4.00%, 07/01/2036 | 2080 | 2069882 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 07/01/2041 | 2500 | 2502547 |
|  Massachusetts Development Finance Agency<br> (Southcoast Health System Obligated Group)<br>Series 2013<br>4.00%, 07/01/2043 | 1750 | 1660961 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021-G<br>4.00%, 07/01/2046 | 1750 | 1527127 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 07/01/2037 | 1000 | 1081034 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 07/01/2050 | 3550 | 3558043 |
|  Massachusetts Development Finance Agency<br> (Springfield College)<br>Series 2021<br>4.00%, 06/01/2056 | 3000 | 2267177 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021-B<br>4.00%, 06/01/2050 | 1000 | 789318 |
|  Massachusetts Development Finance Agency<br> (Suffolk University)<br>Series 2021<br>4.00%, 07/01/2051 | 1000 | 838830 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2025<br>5.25%, 07/01/2055 | 3000 | 2985330 |
|  Massachusetts Development Finance Agency<br> (Trustees of Boston College)<br>Series 2017-T<br>5.00%, 07/01/2037 | 1000 | 1027771 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021-V<br>5.00%, 07/01/2055 | 1000 | 1096077 |
|  Massachusetts Development Finance Agency<br> (Tufts Medicine Obligated Group)<br>Series 2019-A<br>5.00%, 07/01/2038 | 1000 | 1014893 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2026<br>5.25%, 10/01/2036 | 1250 | 1416727 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.375%, 10/01/2035 | 1000 | 1030840 |
|  Massachusetts Development Finance Agency<br> (UMass Memorial Health Care Obligated Group)<br>Series 2016<br>5.00%, 07/01/2036 | 1500 | 1508263 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2025<br>4.50%, 07/01/2054 | 3500 | 3323481 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 07/01/2045 | 1000 | 1042258 |

---

------

---

| | | |
|:---|:---|:---|
| | **Principal<br>Amount<br>(000)** | **U.S. $ Value** |
|  Massachusetts Development Finance Agency<br> (Woods Hole Oceanographic Institution State Lease)<br>Series 2018<br>5.00%, 06/01/2048 | $&nbsp;&nbsp;&nbsp;&nbsp;3000 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3053237 |
|  Massachusetts Health & Educational Facilities Authority<br> (Trustees of Boston College)<br>Series 2008<br>5.50%, 06/01/2035 | 1710 | 2054408 |
|  Massachusetts Port Authority<br> (Bosfuel Corp.)<br>Series 2019-A<br>5.00%, 07/01/2033 | 2000 | 2136257 |
|  Massachusetts Port Authority<br> (Massachusetts Port Authority)<br>Series 2011-B<br>6.202%, 07/01/2031 | 1765 | 1877857 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019-A<br>5.00%, 07/01/2032 | 4685 | 5020833 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 07/01/2036 | 4000 | 4237714 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 07/01/2038 | 2500 | 2630395 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019-C<br>5.00%, 07/01/2049 | 1000 | 1011486 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021-E<br>5.00%, 07/01/2051 | 5000 | 5066577 |
|  Massachusetts School Building Authority<br> (Massachusetts School Building Authority Sales Tax)<br>Series 2009<br>5.715%, 08/15/2039 | 4000 | 4248467 |
|  Massachusetts Transportation Trust Fund Metropolitan Highway System Revenue<br> (Massachusetts Transportation Trust Fund Metropolitan Highway System Rev State Lease)<br>Series 2019-C<br>5.00%, 01/01/2034 | 1000 | 1077956 |
|  Massachusetts Water Resources Authority<br> (Prerefunded - US Treasuries)<br>Series 2016-C<br>5.00%, 08/01/2033 | 5500 | 5567858 |
|  Town of Weymouth MA<br> (Town of Weymouth MA)<br>Series 2021<br>2.00%, 09/15/2045 | 2000 | 1365260 |
|  University of Massachusetts Building Authority<br> (University of Massachusetts)<br>Series 2017<br>5.00%, 11/01/2034 | 2500 | 2600748 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020<br>3.013%, 11/01/2043 | 2000 | 1591169 |
|  |  | 217931079 |
|  **Alabama – 3.0%** |  |  |
|  Black Belt Energy Gas District<br> (BP PLC)<br>Series 2024-D<br>5.00%, 03/01/2055 | 1000 | 1103131 |
|  Black Belt Energy Gas District<br> (Nomura Holdings, Inc.)<br>Series 2022-A<br>4.00%, 12/01/2052 | 1200 | 1232325 |

---

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| | | |
|:---|:---|:---|
| | **Principal<br>Amount<br>(000)** | **U.S. $ Value** |
|  Black Belt Energy Gas District<br> (Pacific Life Insurance)<br>Series 2024-C<br>5.00%, 05/01/2055 | $&nbsp;&nbsp;&nbsp;&nbsp;1000 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1084127 |
|  Southeast Alabama Gas Supply District (The)<br> (Morgan Stanley)<br>Series 2024<br>5.00%, 06/01/2049 | 1200 | 1311082 |
|  Southeast Alabama Gas Supply District (The)<br> (Pacific Life Insurance)<br>Series 2024-A<br>5.00%, 08/01/2054 | 1000 | 1084881 |
|  Southeast Energy Authority A Cooperative District<br> (Athene Annuity & Life Co.)<br>Series 2025-A<br>5.00%, 01/01/2056 | 1000 | 1052329 |
|  Southeast Energy Authority A Cooperative District<br> (Deutsche Bank AG)<br>Series 2024-A<br>5.00%, 11/01/2035 | 1000 | 1075510 |
|  |  | 7943385 |
|  **American Samoa – 0.7%** |  |  |
|  American Samoa Economic Development Authority<br> (American Samoa Economic Development Authority)<br>Series 2025-A<br>5.00%, 09/01/2035<sup>(a)</sup> | 1200 | 1298432 |
|  American Samoa Economic Development Authority<br> (Territory of American Samoa)<br>Series 2018<br>7.125%, 09/01/2038<sup>(a)</sup> | 395 | 422500 |
|  |  | 1720932 |
|  **Arizona – 0.4%** |  |  |
|  Salt Verde Financial Corp.<br> (Citigroup, Inc.)<br>Series 2007<br>5.00%, 12/01/2037 | 1000 | 1113768 |
|  **California – 0.6%** |  |  |
|  M-S-R Energy Authority<br> (Citigroup, Inc.)<br>Series 2009-B<br>6.50%, 11/01/2039 | 1300 | 1626789 |
|  **Florida – 0.0%** |  |  |
|  Palm Beach County Health Facilities Authority<br> (Federation CCRC Operations Obligated Group)<br>Series 2022<br>4.25%, 06/01/2056 | 100 | 82766 |
|  **Georgia – 0.5%** |  |  |
|  Main Street Natural Gas, Inc.<br> (Citigroup, Inc.)<br>Series 2021-C<br>4.00%, 05/01/2052 | 1200 | 1235539 |

---

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| | | |
|:---|:---|:---|
| | **Principal<br>Amount<br>(000)** | **U.S. $ Value** |
|  **Guam – 2.5%** |  |  |
|  Antonio B Won Pat International Airport Authority<br> (Antonio B Won Pat Intl Airport Authority)<br>Series 2021-A<br>4.46%, 10/01/2043 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;210 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;187192 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2023<br>5.25%, 10/01/2036 | 100 | 111119 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.375%, 10/01/2043 | 200 | 212545 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2024-A<br>5.25%, 10/01/2043 | 615 | 652336 |
|  Guam Government Waterworks Authority<br> (Guam Waterworks Authority Water And Wastewater System)<br>Series 2024-A<br>5.00%, 01/01/2046 | 1125 | 1164345 |
|  Guam Power Authority<br> (Guam Power Authority)<br>Series 2017-A<br>5.00%, 10/01/2036 | 350 | 358196 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 10/01/2040 | 1420 | 1444208 |
|  Territory of Guam<br> (Territory of Guam Business Privilege Tax)<br>Series 2021-F<br>4.00%, 01/01/2042 | 2255 | 2242395 |
|  Territory of Guam<br> (Territory of Guam)<br>Series 2019<br>5.00%, 11/15/2031 | 150 | 159495 |
|  |  | 6531831 |
|  **Indiana – 0.0%** |  |  |
|  Indiana Finance Authority<br> (Brightmark Plastics Renewal Indiana)<br>Series 2019<br>7.00%, 03/01/2039<sup>(b) (c) (d)</sup> | 250 | 12500 |
|  **Kentucky – 0.8%** |  |  |
|  Kentucky Public Energy Authority<br> (BP PLC)<br>Series 2025-C<br>5.00%, 05/01/2036 | 1000 | 1099158 |
|  Kentucky Public Energy Authority<br> (Goldman Sachs Group)<br>Series 2024-A<br>5.00%, 05/01/2055 | 1000 | 1071484 |
|  |  | 2170642 |
|  **New Jersey – 0.5%** |  |  |
|  New Jersey Transportation Trust Fund Authority<br> (New Jersey Transportation Fed Hwy Grant)<br>Series 2016<br>5.00%, 06/15/2029 | 1170 | 1178749 |

---

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| | | |
|:---|:---|:---|
| | **Principal<br>Amount<br>(000)** | **U.S. $ Value** |
|  **North Carolina – 0.6%** |  |  |
|  North Carolina Medical Care Commission<br> (Aldersgate United Methodist Retirement Community)<br>Series 2015<br>4.70%, 07/01/2037 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;540 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;522816 |
|  North Carolina Turnpike Authority<br> (North Carolina Turnpike Authority)<br>Series 2017<br>5.00%, 01/01/2032 | 1000 | 1019252 |
|  |  | 1542068 |
|  **Puerto Rico – 2.1%** |  |  |
|  Commonwealth of Puerto Rico<br> (Commonwealth of Puerto Rico)<br>Series 2021-A<br>5.625%, 07/01/2029 | 120 | 128178 |
|  Puerto Rico Commonwealth Aqueduct & Sewer Authority<br> (Puerto Rico Commonwealth Aqueduct & Sewer Authority)<br>Series 2020-A<br>5.00%, 07/01/2030<sup>(a)</sup> | 610 | 650353 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 07/01/2035<sup>(a)</sup> | 500 | 522292 |
|  Puerto Rico Electric Power Authority<br> (Puerto Rico Electric Power Authority)<br>AG Series 2007-V<br>5.25%, 07/01/2031 | 240 | 248353 |
| &nbsp;&nbsp;&nbsp;&nbsp; NATL Series 2007-V<br>5.25%, 07/01/2032 | 300 | 307721 |
|  Puerto Rico Industrial Tourist Educational Medical & Environmental Control Facilities Financing Auth<br> (AES Puerto Rico LP)<br>Series 2023-A<br>6.625%, 01/01/2027 | 52 | 52091 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.625%, 01/01/2028 | 397 | 398071 |
|  Puerto Rico Industrial Tourist Educational Medical & Environmental Control Facilities Financing Auth<br> (San Juan Cruise Port LLC)<br>Series 2024<br>6.75%, 01/01/2045 | 1600 | 1832918 |
|  Puerto Rico Sales Tax Financing Corp. Sales Tax Revenue<br> (Puerto Rico Sales Tax Financing Sales Tax Revenue)<br>Series 2018-A<br>Zero Coupon, 07/01/2046 | 1000 | 357891 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019-A<br>4.329%, 07/01/2040 | 165 | 165287 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.55%, 07/01/2040 | 22 | 22140 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 07/01/2058 | 815 | 798242 |
|  |  | 5483537 |
|  **Tennessee – 0.2%** |  |  |
|  Bristol Industrial Development Board<br> (Bristol Industrial Development Board Sales Tax)<br>Series 2016-A<br>5.00%, 12/01/2035<sup>(a)</sup> | 560 | 553159 |

---

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| | | |
|:---|:---|:---|
| | **Principal<br>Amount<br>(000)** | **U.S. $ Value** |
|  **Texas – 1.0%** |  |  |
|  New Hope Cultural Education Facilities Finance Corp.<br> (SLF CHP LLC)<br>Series 2025<br>6.25%, 07/01/2045<sup>(a)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;101753 |
|  Texas Municipal Gas Acquisition & Supply Corp. IV<br> (BP PLC)<br>Series 2023-A<br>5.50%, 01/01/2054 | 1200 | 1290993 |
|  Texas Municipal Gas Acquisition & Supply Corp. V<br> (Bank of America Corp.)<br>Series 2024<br>5.00%, 01/01/2055 | 1000 | 1094261 |
|  |  | 2487007 |
|  **Wisconsin – 0.5%** |  |  |
|  Wisconsin Public Finance Authority<br> (SR 400 Peach Partners LLC)<br>Series 2025<br>6.50%, 06/30/2060 | 1100 | 1223903 |
|  Total Long-Term Municipal Bonds<br>(cost $254,857,984) |  | 252837654 |
|  **Short-Term Municipal Notes – 1.0%** |  |  |
|  **Massachusetts – 1.0%** |  |  |
|  City of Quincy MA<br> (City of Quincy MA)<br>Series 2025<br>5.00%, 09/29/2026 | 2000 | 2030217 |
|  Massachusetts Health & Educational Facilities Authority<br> (Mass General Brigham)<br>Series 2011<br>1.25%, 07/01/2040<sup>(e)</sup> | 615 | 615000 |
|  Total Short-Term Municipal Notes<br>(cost $2,642,353) |  | 2645217 |
|  Total Municipal Obligations<br>(cost $257,500,337) |  | 255482871 |
|  | **Shares** |  |
|  **PREFERRED STOCKS – 0.0%** |  |  |
|  **Industrials – 0.0%** |  |  |
|  AES Guayama Holdings<br>0.00% <sup>(c) (f) (g)</sup><br>(cost $156,813) | 8741 | 25436 |

---

------

---

| | | |
|:---|:---|:---|
| | **Principal<br>Amount<br>(000)** | **U.S. $ Value** |
|  **SHORT-TERM INVESTMENTS – 1.4%** |  |  |
|  **U.S. Treasury Bills – 1.1%** |  |  |
|  U.S. Treasury Bill<br>Zero Coupon, 04/16/2026<br>(cost $2,986,642) | $&nbsp;&nbsp;&nbsp;&nbsp;3000 | $2986428 |
|  | **Shares** |  |
|  **Investment Companies – 0.3%** |  |  |
|  AB Fixed Income Shares, Inc. - Government Money Market Portfolio - Class AB, 3.53%<sup>(h) (i) (j)</sup><br>(cost $736,042) | 736042 | 736042 |
|  Total Short-Term Investments<br>(cost $3,722,684) |  | 3722470 |
|  **Total Investments – 98.9%**<br> (cost $261,379,834)<sup>(k)</sup> |  | 259230777 |
|  Other assets less liabilities – 1.1% |  | 2922064 |
|  **Net Assets – 100.0%** |  | $**262152841** |

---

**CENTRALLY CLEARED INFLATION (CPI) SWAPS** 

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | | | **Rate Type** | **Rate Type** | | | | |
| **Notional<br>Amount<br>(000)** | **Notional<br>Amount<br>(000)** | <br>**Termination<br>Date** | **Payments<br>made<br>by the<br>Fund** | **Payments<br>received<br>by the<br>Fund** | <br>**Payment<br>Frequency<br>Paid/<br>Received** |<br>**Market<br>Value** |<br>**Upfront<br>Premiums<br>Paid<br>(Received)** |<br>**Unrealized<br>Appreciation<br>(Depreciation)** |
| USD | 7250 | 10/15/2029 | 2.569% | CPI# | Maturity | $(35054) | $— | $(35054) |
| USD | 7000 | 10/15/2029 | 2.485% | CPI# | Maturity | (4961) |  | (4961) |
|  |  |  |  |  |  | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(40015) | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(40015) |

---

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

**INTEREST RATE SWAPS** 

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| | | | | **Rate Type** | **Rate Type** | | | | |
| <br>**Swap Counterparty** | **Notional<br>Amount<br>(000)** | **Notional<br>Amount<br>(000)** | <br>**Termination<br>Date** | **Payments<br>made<br>by the<br>Fund** | **Payments<br>received<br>by the<br>Fund** | <br>**Payment<br>Frequency<br>Paid/<br>Received** |<br>**Market<br>Value** |<br>**Upfront<br>Premiums<br>Paid<br>(Received)** |<br>**Unrealized<br>Appreciation<br>(Depreciation)** |
| Citibank NA | USD | 3025 | 10/09/2029 | 1.125% | 1 Week SIFMA\* | Quarterly | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;123006 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;123006 |

---

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

*(a)* *Security is exempt from registration under Rule 144A or Regulation S of the Securities Act of 1933. These securities are considered restricted, but liquid and may be resold in transactions exempt from registration. At February 28, 2026, the aggregate market value of these securities amounted to $9,265,137 or 3.5% of net assets.* 

*(b)* *Defaulted.* 

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

------

*(d)* *Security is exempt from registration under Rule 144A or Regulation S of the Securities Act of 1933. These securities, which represent 0.00% of net assets as of February 28, 2026, are considered illiquid and restricted. Additional information regarding such securities follows:* 

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **144A/Restricted & Illiquid Securities** | **Acquisition<br>Date** | **Cost** | | **Market<br>Value** | | **Percentage<br>of<br>Net Assets** |
|  *Indiana Finance Authority<br>(Brightmark Plastics Renewal Indiana)<br>Series 2019<br>7.00%, 03/01/2039* | *03/29/2019* | $*257806* | | $*12500* | | *0.00%* |

---

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

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

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

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

*(i)* *Affiliated investments.* 

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

*(k)* *As of February 28, 2026, the cost basis of investment securities owned was substantially identical for both book and tax purposes. Gross unrealized appreciation of investments was $3,751,121 and gross unrealized depreciation of investments was $(5,817,187), resulting in net unrealized depreciation of $(2,066,066).* 

*As of February 28, 2026, the Portfolio's percentages of investments in municipal bonds that are insured and in insured municipal bonds that have been pre-refunded or escrowed to maturity are 1.9% and 0.0%, respectively.* 

*Glossary:* 

*AG* – *Assured Guaranty Inc.* 

*BAM* – *Build American Mutual* 

*CCRC* – *Congregate Care Retirement Center* 

*CHF* – *Collegiate Housing Foundation* 

*NATL* – *National Interstate Corporation* 

------

**AB Municipal Income Fund II** 

**AB Massachusetts Portfolio** 

**February 28, 2026 (unaudited)** 

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

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

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

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

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

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

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

------

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

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Investments in Securities:** | **Level 1** | **Level 2** | **Level 3** | **Total** |
| **Assets:** |  |  |  |  |
| Long-Term Municipal Bonds | $— | $252837654 | $— | $252837654 |
| Short-Term Municipal Notes |  | 2645217 |  | 2645217 |
| Preferred Stocks |  |  | 25436 | 25436 |
| Short-Term Investments: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; U.S. Treasury Bills |  | 2986428 |  | 2986428 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Investment Companies | 736042 |  |  | 736042 |
| Total Investments in Securities | 736042 | 258469299 | 25436 | 259230777 |
| **Other Financial Instruments<sup>(a)</sup>:** |  |  |  |  |
| **Assets:** |  |  |  |  |
| Interest Rate Swaps |  | 123006 |  | 123006 |
| **Liabilities:** |  |  |  |  |
| Centrally Cleared Inflation (CPI) Swaps |  | (40015) |  | (40015) |
| **Total** | $**736042** | $**258552290** | $**25436** | $**259313768** |

---

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

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

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Fund** | **Market Value<br>05/31/2025<br>(000)** | **Purchases<br>at Cost<br>(000)** | **Sales<br>Proceeds<br>(000)** | **Market Value<br>02/28/2026<br>(000)** | **Dividend<br>Income<br>(000)** |
| AB Government Money Market Portfolio | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;887 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;72617 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;72768 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;736 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;174 |

---

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

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

- **b. Investment Company Act file number:** 811-07618

- **c. CIK number of Registrant:** 0000899774

- **d. LEI of Registrant:** 549300NQ4217TS0L9K86

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

  - **Street Address 1:** ALLIANCEBERNSTEIN LP

  - **City:** NEW YORK

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10001

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

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

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

- **b. EDGAR series identifier (if any):** S000010355

- **c. LEI of Series:** GX8OABUX9TYQCBNLUZ20

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

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

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

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $262578731.38

**Total Liabilities:** $950411.25

**Net Assets:** $261628320.13

**Cash Not Reported:** $464756.11

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -1180.46000000 | **1-Year:** -9950.62000000 | **5-Year:** -32426.77000000 | **10-Year:** -78119.19000000 | **30-Year:** -35270.10000000

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

- **3-Month:** -44.28000000 | **1-Year:** -1016.52000000 | **5-Year:** -2820.76000000 | **10-Year:** -6343.23000000 | **30-Year:** -3465.18000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000082955 | 0.01%                | 0.50%                | 1.24%                |
| Class ID C000028645 | -0.08%               | 0.42%                | 1.27%                |
| Class ID C000028643 | -0.01%               | 0.48%                | 1.32%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $0.00                    | $-613190.91                                |
| Month 2  | $125260.19               | $234234.72                                 |
| Month 3  | $-139555.10              | $2995828.12                                |

**Designated Index Information**

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

- **Index Identifier:** LMBITR:IND

### Schedule of Portfolio Investments

| Name                                                                            | Title                                                                                                                          | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| American Samoa Economic Development Authority                                   | AMERICAN SAMOA AS ECON DEV AUTH GEN REVENUE                                                                                    | CUSIP: 02936TAV3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1298432.40   | 0.50%             | 2035-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                            | PUERTO RICO ELEC PWR AUTH PWRREVENUE                                                                                           | CUSIP: 74526QPP1<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |    240000 | PA      | $248353.15    | 0.09%             | 2031-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                        | MASSACHUSETTS ST DEV FIN AGY REVENUE                                                                                           | CUSIP: 57584YN54<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1096076.50   | 0.42%             | 2055-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Territory of Guam                                                               | GUAM GOVT BUSINESS PRIVILEGE TAX REVENUE                                                                                       | CUSIP: 40065NCR6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2255000 | PA      | $2242394.55   | 0.86%             | 2042-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                        | MASSACHUSETTS ST DEV FIN AGY REVENUE                                                                                           | CUSIP: 57584YG94<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1527126.83   | 0.58%             | 2046-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Bay Transportation Authority Sales Tax Revenue                    | MASSACHUSETTS ST BAY TRANSPRTN AUTH SALES TAX REVENUE                                                                          | CUSIP: 575579B30<br>LEI: 549300D2U0XBUXGX8P68 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2056412.80   | 0.79%             | 2040-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                        | MASSACHUSETTS ST DEV FIN AGY REVENUE                                                                                           | CUSIP: 57585BNM6<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1111270.10   | 0.42%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Bay Transportation Authority Sales Tax Revenue                    | MASSACHUSETTS ST BAY TRANSPRTN AUTH SALES TAX REVENUE                                                                          | CUSIP: 5755792B2<br>LEI: 549300D2U0XBUXGX8P68 | Long             | DBT              | MUN               | US        |    500000 | PA      | $551281.55    | 0.21%             | 2045-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Carolina Medical Care Commission                                          | NORTH CAROLINA ST MED CARE COMMISSION RETMNT FACS REVENUE                                                                      | CUSIP: 65820YLK0<br>LEI: 549300FH6KOXGCHQYG81 | Long             | DBT              | MUN               | US        |    540000 | PA      | $522815.96    | 0.20%             | 2037-07-01      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| Southeast Energy Authority A Cooperative District                               | SOUTHEAST ENERGY AUTHORITY A COOPERATIVE                                                                                       | CUSIP: 84136HBC6<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1052329.30   | 0.40%             | 2056-01-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                        | MASSACHUSETTS ST DEV FIN AGY REVENUE                                                                                           | CUSIP: 57585BEY0<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3323480.65   | 1.27%             | 2054-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                        | MASSACHUSETTS ST DEV FIN AGY REVENUE                                                                                           | CUSIP: 57585BCX4<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $937046.00    | 0.36%             | 2060-12-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                        | MASSACHUSETTS ST DEV FIN AGY REVENUE                                                                                           | CUSIP: 57583UN79<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   7150000 | PA      | $7154974.97   | 2.73%             | 2044-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                        | PUBLIC FIN AUTH WI TOLL REVENUE                                                                                                | CUSIP: 74448UAA6<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1223902.90   | 0.47%             | 2060-06-30      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                        | MASSACHUSETTS ST DEV FIN AGY REVENUE                                                                                           | CUSIP: 57585BDX3<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1050024.00   | 0.40%             | 2043-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                        | MASSACHUSETTS ST DEV FIN AGY REVENUE                                                                                           | CUSIP: 57583U6R4<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   3755000 | PA      | $3756941.71   | 1.44%             | 2044-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Worcester MA                                                            | WORCESTER MA                                                                                                                   | CUSIP: 981306F65<br>LEI: 5493006DO0NOILRNNH68 | Long             | DBT              | MUN               | US        |   2600000 | PA      | $2075932.04   | 0.79%             | 2046-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| LCH Ltd.                                                                        | Long: BS31F03   IRS USD R V 12MUSCPI IS31F14 CCPINFLATIONZERO / Short: BS31F03   IRS USD P F  2.48500 IS31F03 CCPINFLATIONZERO | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |   7000000 | OU      | $-4961.04     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Antonio B Won Pat International Airport Authority                               | GUAM INTERNATIONAL ARPT AUTH                                                                                                   | CUSIP: 40064RFG9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $212544.56    | 0.08%             | 2043-10-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Massachusetts                                                   | MASSACHUSETTS ST                                                                                                               | CUSIP: 57582RY59<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |   2005000 | PA      | $2085703.26   | 0.80%             | 2052-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                        | MASSACHUSETTS ST DEV FIN AGY REVENUE                                                                                           | CUSIP: 57584YH28<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   3550000 | PA      | $3558042.53   | 1.36%             | 2050-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Antonio B Won Pat International Airport Authority                               | GUAM INTERNATIONAL ARPT AUTH                                                                                                   | CUSIP: 40064RFE4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $111119.23    | 0.04%             | 2036-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Guam Power Authority                                                            | GUAM PWR AUTH REVENUE                                                                                                          | CUSIP: 400653JL6<br>LEI: 549300IPOV320QCKW060 | Long             | DBT              | MUN               | US        |   1420000 | PA      | $1444207.88   | 0.55%             | 2040-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                       | INDIANA ST FIN AUTH EXEMPT FAC REVENUE                                                                                         | CUSIP: 45470DAA5<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |    250000 | PA      | $12500.00     | 0.00%             | 2039-03-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                        | MASSACHUSETTS ST DEV FIN AGY REVENUE                                                                                           | CUSIP: 57584XVS7<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   2055000 | PA      | $2058526.17   | 0.79%             | 2039-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                        | MASSACHUSETTS ST DEV FIN AGY REVENUE                                                                                           | CUSIP: 57584YWJ4<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   2050000 | PA      | $2325443.54   | 0.89%             | 2050-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                        | MASSACHUSETTS ST DEV FIN AGY REVENUE                                                                                           | CUSIP: 57584Y3U1<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3300276.60   | 1.26%             | 2042-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp Sales Tax Revenue                          | PUERTO RICO SALES TAX FING CORP SALES TAX REVENUE                                                                              | CUSIP: 74529JRH0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    165000 | PA      | $165286.80    | 0.06%             | 2040-07-01      | Fixed         | 4.33%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Massachusetts                                                   | MASSACHUSETTS ST                                                                                                               | CUSIP: 57582TAR3<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |   1670000 | PA      | $1749787.59   | 0.67%             | 2054-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Port Authority                                                    | MASSACHUSETTS ST PORT AUTH                                                                                                     | CUSIP: 575896TJ4<br>LEI: 254900JRR8IDSSKWCL90 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4237713.60   | 1.62%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                        | MASSACHUSETTS ST DEV FIN AGY REVENUE                                                                                           | CUSIP: 57585BKJ6<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2985330.30   | 1.14%             | 2055-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Massachusetts Bay Transportation Authority Sales Tax Revenue                    | MASSACHUSETTS ST BAY TRANSPRTN AUTH SALES TAX REVENUE                                                                          | CUSIP: 575579Q83<br>LEI: 549300D2U0XBUXGX8P68 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1075447.50   | 0.41%             | 2048-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                        | MASSACHUSETTS ST DEV FIN AGY REVENUE                                                                                           | CUSIP: 57584YQG7<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1014893.40   | 0.39%             | 2038-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Commonwealth Aqueduct & Sewer Authority                             | PUERTO RICO CMWLTH AQUEDUCT & SWR AUTH REVENUE                                                                                 | CUSIP: 745160SH5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $522291.95    | 0.20%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp Sales Tax Revenue                          | PUERTO RICO SALES TAX FING CORP SALES TAX REVENUE                                                                              | CUSIP: 74529JPX7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    815000 | PA      | $798241.97    | 0.31%             | 2058-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| AES GUAYAMA HOLDINGS PFD                                                        | AES GUAYAMA HOLDINGS PFD                                                                                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      8741 | NS      | $25436.31     | 0.01%             |  |  |  | No            |                  3 | On Loan: No      |
| City of Quincy MA                                                               | QUINCY MA                                                                                                                      | CUSIP: 7485082N7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2030217.40   | 0.78%             | 2026-09-29      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                        | MASSACHUSETTS ST DEV FIN AGY REVENUE                                                                                           | CUSIP: 57584YL64<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $838830.40    | 0.32%             | 2051-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                        | MASSACHUSETTS ST DEV FIN AGY REVENUE                                                                                           | CUSIP: 57584Y2W8<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   1020000 | PA      | $1041851.77   | 0.40%             | 2040-01-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| American Samoa Economic Development Authority                                   | AMERICAN SAMOA AS ECON DEV AUTH GEN REVENUE                                                                                    | CUSIP: 02936TAG6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    395000 | PA      | $422500.06    | 0.16%             | 2038-09-01      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| Kentucky Public Energy Authority                                                | KENTUCKY ST PUBLIC ENERGY AUTH GAS SPLY REVENUE                                                                                | CUSIP: 74440DEL4<br>LEI: 549300XEJZWHYSY4SL55 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1071484.40   | 0.41%             | 2055-05-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Citibank NA                                                                     | Long: IS1WUB4   IRS USD R V 01MMUNIP IS1WUC5 VANILLA / Short: IS1WUB4   IRS USD P F  1.12500 IS1WUB4 VANILLA                   | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DIR              |  | US        |   3025000 | OU      | $123006.16    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Massachusetts Bay Transportation Authority Sales Tax Revenue                    | MASSACHUSETTS ST BAY TRANSPRTN AUTH SALES TAX REVENUE                                                                          | CUSIP: 575579J57<br>LEI: 549300D2U0XBUXGX8P68 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3053340.30   | 1.17%             | 2050-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Health & Educational Facilities Authority                         | MASSACHUSETTS ST HLTH & EDUCTNL FACS AUTH REVENUE                                                                              | CUSIP: 57586CGB5<br>LEI: 549300MV50RWQFTX5223 | Long             | DBT              | MUN               | US        |    615000 | PA      | $615000.00    | 0.24%             | 2040-07-01      | Floating      | 1.25%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                        | MASSACHUSETTS ST DEV FIN AGY REVENUE                                                                                           | CUSIP: 57585BSV1<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1416727.38   | 0.54%             | 2036-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Alliance Bernstein                                                              | AB Fixed Income Shares, Inc. - Government Money Market Portfolio                                                               | CUSIP: 018616748<br>LEI: 5493006YWHO7MNK2U579 | Long             | STIV             | RF                | US        |    736042 | NS      | $736041.88    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Massachusetts Development Finance Agency                                        | MASSACHUSETTS ST DEV FIN AGY REVENUE                                                                                           | CUSIP: 57585BAB4<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2122107.40   | 0.81%             | 2054-03-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                        | MASSACHUSETTS ST DEV FIN AGY REVENUE                                                                                           | CUSIP: 57585BMU9<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4318442.40   | 1.65%             | 2050-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Massachusetts Transportation Fund Revenue                       | MASSACHUSETTS ST TRANSPRTN FUND REVENUE                                                                                        | CUSIP: 57604TKE5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1405000 | PA      | $1466129.02   | 0.56%             | 2053-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                        | MASSACHUSETTS ST DEV FIN AGY REVENUE                                                                                           | CUSIP: 57584XPS4<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2011219.80   | 0.77%             | 2031-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                        | MASSACHUSETTS ST DEV FIN AGY REVENUE                                                                                           | CUSIP: 57584XPV7<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   2100000 | PA      | $2108237.46   | 0.81%             | 2034-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                        | MASSACHUSETTS ST DEV FIN AGY REVENUE                                                                                           | CUSIP: 57584Y4T3<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1993426.00   | 0.76%             | 2052-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Massachusetts Clean Water Trust/The                                             | MASSACHUSETTS ST CLEAN WTR TRUST                                                                                               | CUSIP: 575829MQ6<br>LEI: 549300SYPEROLSQU0261 | Long             | DBT              | MUN               | US        |   1050000 | PA      | $1166152.58   | 0.45%             | 2042-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of Massachusetts Building Authority                                  | UNIV OF MASSACHUSETTS MA BLDG AUTH REVENUE                                                                                     | CUSIP: 914437TD0<br>LEI: 6ILE2573NPR1XO2TR556 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2600748.00   | 0.99%             | 2034-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Massachusetts                                                   | MASSACHUSETTS ST                                                                                                               | CUSIP: 57582RRH1<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5173718.50   | 1.98%             | 2042-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Port Authority                                                    | MASSACHUSETTS ST PORT AUTH SPL FACS REVENUE                                                                                    | CUSIP: 575898CS8<br>LEI: 254900JRR8IDSSKWCL90 | Long             | DBT              | MUN               | US        |   1765000 | PA      | $1877857.45   | 0.72%             | 2031-07-01      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                        | MASSACHUSETTS ST DEV FIN AGY REVENUE                                                                                           | CUSIP: 57584XYG0<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |    700000 | PA      | $855837.36    | 0.33%             | 2036-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                        | MASSACHUSETTS ST DEV FIN AGY REVENUE                                                                                           | CUSIP: 57584Y7K9<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2315681.40   | 0.89%             | 2034-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Bay Transportation Authority Sales Tax Revenue                    | MASSACHUSETTS ST BAY TRANSPRTN AUTH SALES TAX REVENUE                                                                          | CUSIP: 5755792J5<br>LEI: 549300D2U0XBUXGX8P68 | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3758543.25   | 1.44%             | 2055-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Massachusetts Port Authority                                                    | MASSACHUSETTS ST PORT AUTH SPL FACS REVENUE                                                                                    | CUSIP: 575898DJ7<br>LEI: 254900JRR8IDSSKWCL90 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2136257.40   | 0.82%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Massachusetts                                                   | MASSACHUSETTS ST                                                                                                               | CUSIP: 57582RY91<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2155022.40   | 0.82%             | 2028-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                                  | BLACK BELT ENERGY GAS DIST AL GAS PROJECT REVENUE                                                                              | CUSIP: 09182TAW7<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1232324.40   | 0.47%             | 2052-12-01      | Floating      | 4.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Bay Transportation Authority Sales Tax Revenue                    | MASSACHUSETTS ST BAY TRANSPRTN AUTH SALES TAX REVENUE                                                                          | CUSIP: 575579R25<br>LEI: 549300D2U0XBUXGX8P68 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4251004.40   | 1.62%             | 2053-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                        | MASSACHUSETTS ST DEV FIN AGY REVENUE                                                                                           | CUSIP: 57584XNM9<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   2080000 | PA      | $2069881.84   | 0.79%             | 2036-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                        | MASSACHUSETTS ST DEV FIN AGY REVENUE                                                                                           | CUSIP: 57585BBT4<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   2200000 | PA      | $2160222.24   | 0.83%             | 2054-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                        | MASSACHUSETTS ST DEV FIN AGY REVENUE                                                                                           | CUSIP: 57585BDV7<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   1230000 | PA      | $1319828.87   | 0.50%             | 2041-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Massachusetts Clean Water Trust/The                                             | MASSACHUSETTS ST CLEAN WTR TRUST                                                                                               | CUSIP: 575829MN3<br>LEI: 549300SYPEROLSQU0261 | Long             | DBT              | MUN               | US        |    600000 | PA      | $677350.02    | 0.26%             | 2040-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp Sales Tax Revenue                          | PUERTO RICO SALES TAX FING CORP SALES TAX REVENUE                                                                              | CUSIP: 74529JPV1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     22000 | PA      | $22140.14     | 0.01%             | 2040-07-01      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| Kentucky Public Energy Authority                                                | KENTUCKY ST PUBLIC ENERGY AUTH GAS SPLY REVENUE                                                                                | CUSIP: 74440DGL2<br>LEI: 549300XEJZWHYSY4SL55 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1099157.40   | 0.42%             | 2036-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                        | MASSACHUSETTS ST DEV FIN AGY REVENUE                                                                                           | CUSIP: 57584XD57<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $992154.10    | 0.38%             | 2047-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                        | MASSACHUSETTS ST DEV FIN AGY REVENUE                                                                                           | CUSIP: 57584YG60<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1081034.40   | 0.41%             | 2037-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                        | MASSACHUSETTS ST DEV FIN AGY REVENUE                                                                                           | CUSIP: 57584Y3T4<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1666397.40   | 0.64%             | 2041-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                        | MASSACHUSETTS ST DEV FIN AGY REVENUE                                                                                           | CUSIP: 57584XJ93<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1027770.70   | 0.39%             | 2037-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                                  | BLACK BELT ENERGY GAS DIST AL GAS PROJECT REVENUE                                                                              | CUSIP: 09182TEN3<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1103131.40   | 0.42%             | 2055-03-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                        | MASSACHUSETTS ST DEV FIN AGY REVENUE                                                                                           | CUSIP: 57584YX53<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2267176.50   | 0.87%             | 2056-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| North Carolina Turnpike Authority                                               | NORTH CAROLINA ST TURNPIKE AUTH                                                                                                | CUSIP: 65830RBL2<br>LEI: 549300FCT1PN0GJGQ240 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1019252.30   | 0.39%             | 2032-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Quincy MA                                                               | QUINCY MA                                                                                                                      | CUSIP: 748508E38<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3060000 | PA      | $3502745.59   | 1.34%             | 2047-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Clean Water Trust/The                                             | MASSACHUSETTS ST CLEAN WTR TRUST                                                                                               | CUSIP: 575829MS2<br>LEI: 549300SYPEROLSQU0261 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1635871.50   | 0.63%             | 2044-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Palm Beach County Health Facilities Authority                                   | PALM BEACH CNTY FL HLTH FACS AUTH REVENUE                                                                                      | CUSIP: 696507VL3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $82765.67     | 0.03%             | 2056-06-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Massachusetts Transportation Trust Fund Metropolitan Highway System Revenue     | MASSACHUSETTS ST DEPT OF TRANSPRTN MET HIGHWAY SYS REVENUE                                                                     | CUSIP: 57563CFJ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1077956.10   | 0.41%             | 2034-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Port Authority                                                    | MASSACHUSETTS ST PORT AUTH                                                                                                     | CUSIP: 575896VH5<br>LEI: 254900JRR8IDSSKWCL90 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1011486.30   | 0.39%             | 2049-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                        | MASSACHUSETTS ST DEV FIN AGY REVENUE                                                                                           | CUSIP: 57583UX52<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   5855000 | PA      | $5607897.34   | 2.14%             | 2045-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Southeast Alabama Gas Supply District/The                                       | S E ALABAMA ST GAS SPLY DIST GAS SPLY REVENUE                                                                                  | CUSIP: 84131TBA9<br>LEI: 549300BL04JIB2GJZ178 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1084881.10   | 0.41%             | 2054-08-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                        | MASSACHUSETTS ST DEV FIN AGY REVENUE                                                                                           | CUSIP: 57584XQ87<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   3200000 | PA      | $3149945.60   | 1.20%             | 2047-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                        | MASSACHUSETTS ST DEV FIN AGY REVENUE                                                                                           | CUSIP: 57583UUT3<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000550.80   | 0.38%             | 2032-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                        | MASSACHUSETTS ST DEV FIN AGY REVENUE                                                                                           | CUSIP: 57584YPC7<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   1780000 | PA      | $1880074.63   | 0.72%             | 2039-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Quincy MA                                                               | QUINCY MA                                                                                                                      | CUSIP: 748508Y93<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7255000 | PA      | $7329477.65   | 2.80%             | 2026-07-24      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                        | MASSACHUSETTS ST DEV FIN AGY REVENUE                                                                                           | CUSIP: 57585BDS4<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   1210000 | PA      | $1340171.44   | 0.51%             | 2038-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Industrial Tourist Educational Medical & Envirml Ctl Facs Fing Auth | PUERTO RICO INDL TOURIST EDUCTNL MED & ENVRNMNTL CONTROL FAC                                                                   | CUSIP: 74528LAA9<br>LEI: 549300YJRISCG6HQ4512 | Long             | DBT              | MUN               | US        |    600000 | PA      | $687344.22    | 0.26%             | 2045-01-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                        | MASSACHUSETTS ST DEV FIN AGY REVENUE                                                                                           | CUSIP: 57584Y4U0<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1814539.00   | 0.69%             | 2052-07-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                                     | PUERTO RICO CMWLTH                                                                                                             | CUSIP: 74514L3H8<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |    120000 | PA      | $128177.54    | 0.05%             | 2029-07-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                        | MASSACHUSETTS ST DEV FIN AGY REVENUE                                                                                           | CUSIP: 57584X4N8<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2002888.80   | 0.77%             | 2047-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                        | MASSACHUSETTS ST DEV FIN AGY REVENUE                                                                                           | CUSIP: 57585BMV7<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   3250000 | PA      | $3401821.15   | 1.30%             | 2055-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                        | MASSACHUSETTS ST DEV FIN AGY REVENUE                                                                                           | CUSIP: 57584XJZ5<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1508262.90   | 0.58%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Massachusetts                                                   | MASSACHUSETTS ST                                                                                                               | CUSIP: 57582TGD8<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2181310.00   | 0.83%             | 2046-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts School Building Authority                                         | MASSACHUSETTS ST SCH BLDG AUTH SALES TAX REVENUE                                                                               | CUSIP: 576000KV4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4248466.80   | 1.62%             | 2039-08-15      | Fixed         | 5.71%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                                  | BLACK BELT ENERGY GAS DIST AL GAS PROJECT REVENUE                                                                              | CUSIP: 09182TDU8<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1084126.80   | 0.41%             | 2055-05-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                        | MASSACHUSETTS ST DEV FIN AGY REVENUE                                                                                           | CUSIP: 57584YSJ9<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1521946.72   | 0.58%             | 2039-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Health & Educational Facilities Authority                         | MASSACHUSETTS ST HLTH & EDUCTNL FACS AUTH REVENUE                                                                              | CUSIP: 57586CT21<br>LEI: 549300MV50RWQFTX5223 | Long             | DBT              | MUN               | US        |   1710000 | PA      | $2054407.68   | 0.79%             | 2035-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Texas Municipal Gas Acquisition & Supply Corp V                                 | TEXAS ST MUNI GAS ACQUISITION & SPLY CORP V GAS SPLY REVENUE                                                                   | CUSIP: 88256RAK2<br>LEI: 254900XZ4J30QIJO9G03 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1094260.70   | 0.42%             | 2055-01-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Territory of Guam                                                               | GUAM GOVT                                                                                                                      | CUSIP: 40065BCQ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $159494.64    | 0.06%             | 2031-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Industrial Tourist Educational Medical & Envirml Ctl Facs Fing Auth | PUERTO RICO INDL TOURIST EDUCTNL MED & ENVRNMNTL CONTROL FAC                                                                   | CUSIP: 74528KAA1<br>LEI: 549300YJRISCG6HQ4512 | Long             | DBT              | MUN               | US        |     52107 | PA      | $52090.97     | 0.02%             | 2027-01-01      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| M-S-R Energy Authority                                                          | M-S-R CA ENERGY AUTH GAS REVENUE                                                                                               | CUSIP: 55374SAF7<br>LEI: 549300UEMSS1JTK5YB98 | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1626788.93   | 0.62%             | 2039-11-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Massachusetts                                                   | MASSACHUSETTS ST                                                                                                               | CUSIP: 57582TCE0<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5246557.00   | 2.01%             | 2054-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Massachusetts Transportation Fund Revenue                       | MASSACHUSETTS ST TRANSPRTN FUND REVENUE                                                                                        | CUSIP: 57604TKC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2075602.60   | 0.79%             | 2050-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                          | U.S. Treasury Bills                                                                                                            | CUSIP: 912797QD2<br>LEI: 254900HROIFWPRGM1V77 | Long             | STIV             | UST               | US        |   3000000 | PA      | $2986427.64   | 1.14%             | 2026-04-16      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Massachusetts                                                   | MASSACHUSETTS ST SPL OBLG REVENUE                                                                                              | CUSIP: 576004HG3<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |    346168 | PA      | $349123.84    | 0.13%             | 2031-07-15      | Fixed         | 4.11%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Industrial Tourist Educational Medical & Envirml Ctl Facs Fing Auth | PUERTO RICO INDL TOURIST EDUCTNL MED & ENVRNMNTL CONTROL FAC                                                                   | CUSIP: 74528KAB9<br>LEI: 549300YJRISCG6HQ4512 | Long             | DBT              | MUN               | US        |    397410 | PA      | $398071.05    | 0.15%             | 2028-01-01      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                  | NEW JERSEY ST TRANSPRTN TRUST FUND AUTH                                                                                        | CUSIP: 6461362D2<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   1170000 | PA      | $1178749.14   | 0.45%             | 2029-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                        | MASSACHUSETTS ST DEV FIN AGY REVENUE                                                                                           | CUSIP: 57584YNY1<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   1795000 | PA      | $1914234.85   | 0.73%             | 2035-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hope Cultural Education Facilities Finance Corp                             | NEW HOPE CULTURAL EDU FACS FIN CORP TX SENIOR LIVING REVENUE                                                                   | CUSIP: 64542PGP4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $101753.52    | 0.04%             | 2045-07-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp Sales Tax Revenue                          | PUERTO RICO SALES TAX FING CORP SALES TAX REVENUE                                                                              | CUSIP: 74529JQG3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $357891.20    | 0.14%             | 2046-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                        | MASSACHUSETTS ST DEV FIN AGY REVENUE                                                                                           | CUSIP: 57584YJW0<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3020805.90   | 1.15%             | 2053-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Massachusetts Transportation Fund Revenue                       | MASSACHUSETTS ST TRANSPRTN FUND REVENUE                                                                                        | CUSIP: 57604TKD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3115159.20   | 1.19%             | 2052-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Port Authority                                                    | MASSACHUSETTS ST PORT AUTH                                                                                                     | CUSIP: 575896TL9<br>LEI: 254900JRR8IDSSKWCL90 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2630395.00   | 1.01%             | 2038-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Massachusetts Transportation Fund Revenue                       | MASSACHUSETTS ST TRANSPRTN FUND REVENUE                                                                                        | CUSIP: 57604TKK1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3138277.50   | 1.20%             | 2051-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Bristol Industrial Development Board                                            | BRISTOL TN INDL DEV BRD ST SALES TAX REVENUE                                                                                   | CUSIP: 11023PAB0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    560000 | PA      | $553159.21    | 0.21%             | 2035-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas Inc                                                     | MAIN STREET NATURAL GAS INC GA GAS SUPPLY REVENUE                                                                              | CUSIP: 56035DCZ3<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1235539.08   | 0.47%             | 2052-05-01      | Floating      | 4.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                        | MASSACHUSETTS ST DEV FIN AGY REVENUE                                                                                           | CUSIP: 57584XHU8<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1008892.30   | 0.39%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Town of Weymouth MA                                                             | WEYMOUTH MASS                                                                                                                  | CUSIP: 962201GP8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1365260.40   | 0.52%             | 2045-09-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                        | MASSACHUSETTS ST DEV FIN AGY REVENUE                                                                                           | CUSIP: 57585BEW4<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1042258.30   | 0.40%             | 2045-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                        | MASSACHUSETTS ST DEV FIN AGY REVENUE                                                                                           | CUSIP: 57583UTY4<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1660960.88   | 0.63%             | 2043-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Port Authority                                                    | MASSACHUSETTS ST PORT AUTH                                                                                                     | CUSIP: 575896TE5<br>LEI: 254900JRR8IDSSKWCL90 | Long             | DBT              | MUN               | US        |   4685000 | PA      | $5020833.45   | 1.92%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of Massachusetts Building Authority                                  | UNIV OF MASSACHUSETTS MA BLDG AUTH REVENUE                                                                                     | CUSIP: 914437VJ4<br>LEI: 6ILE2573NPR1XO2TR556 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1591168.60   | 0.61%             | 2043-11-01      | Fixed         | 3.01%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                            | PUERTO RICO ELEC PWR AUTH PWRREVENUE                                                                                           | CUSIP: 74526Q2Q4<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |    300000 | PA      | $307720.65    | 0.12%             | 2032-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                        | MASSACHUSETTS ST DEV FIN AGY REVENUE                                                                                           | CUSIP: 57584XD65<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1005453.90   | 0.38%             | 2042-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Massachusetts                                                   | MASSACHUSETTS ST                                                                                                               | CUSIP: 57582TCN0<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1646877.60   | 0.63%             | 2045-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southeast Energy Authority A Cooperative District                               | SOUTHEAST ENERGY AUTHORITY A COOPERATIVE                                                                                       | CUSIP: 84136HAU7<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1075510.20   | 0.41%             | 2035-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Marthas Vineyard Land Bank                                                      | MARTHAS VINEYARD MA LAND BANK REVENUE                                                                                          | CUSIP: 573100CX0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1010066.10   | 0.39%             | 2031-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                        | MASSACHUSETTS ST DEV FIN AGY REVENUE                                                                                           | CUSIP: 57584YX87<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $789317.90    | 0.30%             | 2050-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Port Authority                                                    | MASSACHUSETTS ST PORT AUTH                                                                                                     | CUSIP: 575896YK5<br>LEI: 254900JRR8IDSSKWCL90 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5066577.50   | 1.94%             | 2051-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                        | MASSACHUSETTS ST DEV FIN AGY REVENUE                                                                                           | CUSIP: 57584XNN7<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2502547.25   | 0.96%             | 2041-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Commonwealth Aqueduct & Sewer Authority                             | PUERTO RICO CMWLTH AQUEDUCT & SWR AUTH REVENUE                                                                                 | CUSIP: 745160SG7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    610000 | PA      | $650353.21    | 0.25%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LCH Ltd.                                                                        | Long: BS31T56   IRS USD R V 12MUSCPI IS31T67 CCPINFLATIONZERO / Short: BS31T56   IRS USD P F  2.56880 IS31T56 CCPINFLATIONZERO | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |   7250000 | OU      | $-35054.48    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                        | MASSACHUSETTS ST DEV FIN AGY SENIOR LIVING REVENUE                                                                             | CUSIP: 57563WAB4<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |    600000 | PA      | $616490.70    | 0.24%             | 2045-07-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                        | MASSACHUSETTS ST DEV FIN AGY REVENUE                                                                                           | CUSIP: 57584Y4J5<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $970912.10    | 0.37%             | 2052-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                        | MASSACHUSETTS ST DEV FIN AGY REVENUE                                                                                           | CUSIP: 57584YYM5<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $689611.20    | 0.26%             | 2050-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                        | MASSACHUSETTS ST DEV FIN AGY REVENUE                                                                                           | CUSIP: 57584YGR4<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3053237.40   | 1.17%             | 2048-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Antonio B Won Pat International Airport Authority                               | GUAM INTERNATIONAL ARPT AUTH                                                                                                   | CUSIP: 40064RFZ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    615000 | PA      | $652335.60    | 0.25%             | 2043-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Guam Government Waterworks Authority                                            | GUAM GOVT WTRWKS AUTH WTR & WSTWTR SYS REVENUE                                                                                 | CUSIP: 40065FEG5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1125000 | PA      | $1164345.30   | 0.45%             | 2046-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Antonio B Won Pat International Airport Authority                               | GUAM INTERNATIONAL ARPT AUTH                                                                                                   | CUSIP: 40064REL9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    210000 | PA      | $187192.53    | 0.07%             | 2043-10-01      | Fixed         | 4.46%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Massachusetts                                                   | MASSACHUSETTS ST                                                                                                               | CUSIP: 57582RN93<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $607527.50    | 0.23%             | 2050-04-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                        | MASSACHUSETTS ST DEV FIN AGY REVENUE                                                                                           | CUSIP: 57585BTH1<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1030840.40   | 0.39%             | 2035-10-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| Massachusetts Water Resources Authority                                         | MASSACHUSETTS ST WTR RESOURCES AUTH                                                                                            | CUSIP: 576051PJ9<br>LEI: 549300GBS2G3YGHOYO19 | Long             | DBT              | MUN               | US        |   5500000 | PA      | $5567857.90   | 2.13%             | 2033-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Massachusetts                                                   | MASSACHUSETTS ST                                                                                                               | CUSIP: 57582TGG1<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1577953.95   | 0.60%             | 2055-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Massachusetts                                                   | MASSACHUSETTS ST                                                                                                               | CUSIP: 57582RW28<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |   2965000 | PA      | $2453085.63   | 0.94%             | 2045-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Guam Power Authority                                                            | GUAM PWR AUTH REVENUE                                                                                                          | CUSIP: 400653JH5<br>LEI: 549300IPOV320QCKW060 | Long             | DBT              | MUN               | US        |    350000 | PA      | $358196.20    | 0.14%             | 2036-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Municipal Gas Acquisition & Supply Corp IV                                | TEXAS ST MUNI GAS ACQUISITION& SPLY CORP IV                                                                                    | CUSIP: 88256PAG5<br>LEI: 549300PTUE847QDBBW22 | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1290993.12   | 0.49%             | 2054-01-01      | Floating      | 5.50%                 | No            |                  2 | On Loan: No      |
| Salt Verde Financial Corp                                                       | SALT VERDE AZ FINANCIAL CORP SENIOR GAS REVENUE                                                                                | CUSIP: 79575EAS7<br>LEI: 549300VEWOZY6TQOIF03 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1113767.90   | 0.43%             | 2037-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                        | MASSACHUSETTS DEV FIN AGY NATIONAL CHRT SCH REVOLVING LOAN F                                                                   | CUSIP: 57563UAA0<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $938689.70    | 0.36%             | 2046-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Southeast Alabama Gas Supply District/The                                       | S E ALABAMA ST GAS SPLY DIST GAS SPLY REVENUE                                                                                  | CUSIP: 84131TBT8<br>LEI: 549300BL04JIB2GJZ178 | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1311081.84   | 0.50%             | 2049-06-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Industrial Tourist Educational Medical & Envirml Ctl Facs Fing Auth | PUERTO RICO INDL TOURIST EDUCTNL MED & ENVRNMNTL CONTROL FAC                                                                   | CUSIP: 74528LAC5<br>LEI: 549300YJRISCG6HQ4512 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1145573.70   | 0.44%             | 2045-01-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |

### Signature

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

**Name of Applicant:** AB MUNICIPAL INCOME FUND II

**Signature:** Stephen Woetzel

**Name of Signer:** Stephen Woetzel

**Title:** Controller