# EDGAR Filing Document

**Accession Number:** 0000797923
**File Stem:** 0001775697-23-000201
**Filing Date:** 2023-3
**Character Count:** 154418
**Document Hash:** 3fab8570b03c1db6c8937b12db6e429f
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001775697-23-000201.hdr.sgml**: 20230324

**ACCESSION NUMBER**: 0001775697-23-000201

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20230131

**FILED AS OF DATE**: 20230324

**DATE AS OF CHANGE**: 20230324

**PERIOD START**: 20230430

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** BNY Mellon Opportunistic Municipal Securities Fund
- **CENTRAL INDEX KEY:** 0000797923
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** NY
- **FISCAL YEAR END:** 0430

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-04764
- **FILM NUMBER:** 23758561

**BUSINESS ADDRESS:**
- **STREET 1:** C/O BNY MELLON INVESTMENT ADVISER, INC.
- **STREET 2:** 240 GREENWICH STREET
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10286
- **BUSINESS PHONE:** 2129226400

**MAIL ADDRESS:**
- **STREET 1:** C/O BNY MELLON INVESTMENT ADVISER, INC.
- **STREET 2:** 240 GREENWICH STREET
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10286

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** DREYFUS MUNICIPAL BOND OPPORTUNITY FUND
- **DATE OF NAME CHANGE:** 20081201

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** DREYFUS PREMIER MUNICIPAL BOND FUND
- **DATE OF NAME CHANGE:** 19970605

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PREMIER MUNICIPAL BOND FUND
- **DATE OF NAME CHANGE:** 19920703

## Series and Classes Contracts Data

### BNY Mellon Opportunistic Municipal Securities Fund (Series ID: S000000090)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000000131 | Class A      | PTEBX           |
| C000000133 | Class C      | DMBCX           |
| C000001400 | Class Z      | DMBZX           |
| C000173299 | Class Y      | DMBYX           |
| C000173300 | Class I      | DMBVX           |

## Nport-Ex

STATEMENT OF INVESTMENTS<br>BNY Mellon Opportunistic Municipal Securities Fund

January 31, 2023 (Unaudited)

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| Description  | Coupon <br>Rate (%) | Maturity<br>Date | Principal<br>Amount ($) |  | Value ($) |
| **Bonds and Notes - .2%**  | **Bonds and Notes - .2%**  | **Bonds and Notes - .2%**  |  |  |  |
| **Collateralized Municipal-Backed Securities - .2%**  | **Collateralized Municipal-Backed Securities - .2%**  | **Collateralized Municipal-Backed Securities - .2%**  |  |  |  |
| Arizona Industrial Development Authority, Revenue Bonds, Ser. 2019-2<br>(cost $1,086,316) | 3.63 | 5/20/2033 | 989728 |  | **957318** |
| **Long-Term Municipal Investments - 97.9%** | **Long-Term Municipal Investments - 97.9%** | **Long-Term Municipal Investments - 97.9%** |  |  |  |
| **Alabama - 4.3%**  | **Alabama - 4.3%**  | **Alabama - 4.3%**  |  |  |  |
| Birmingham-Jefferson Civic Center Authority, Special Tax Bonds, Ser. B | 5.00 | 7/1/2043 | 2500000 |  | 2646289 |
| Black Belt Energy Gas District, Revenue Bonds (Project No. 4) Ser. A1 | 4.00 | 12/1/2025 | 1250000 | <sup>a</sup>  | 1254489 |
| Black Belt Energy Gas District, Revenue Bonds, Refunding, Ser. D1 | 4.00 | 6/1/2027 | 1000000 | <sup>a</sup>  | 1018635 |
| Black Belt Energy Gas District, Revenue Bonds, Ser. B1, 1 Month LIBOR x0.67 +0.90% | 3.84 | 12/1/2023 | 1405000 | <sup>a,b</sup>  | 1405297 |
| Jefferson County, Revenue Bonds, Refunding | 5.00 | 9/15/2032 | 1000000 |  | 1093122 |
| Jefferson County, Revenue Bonds, Refunding (Insured; Assured Guaranty Municipal Corp.) Ser. C | 6.60 | 10/1/2042 | 7835000 | <sup>c</sup>  | 8064440 |
| The Lower Alabama Gas District, Revenue Bonds (Gas Project) | 4.00 | 12/1/2025 | 1750000 | <sup>a</sup>  | 1758388 |
| The Southeast Alabama Gas Supply District, Revenue Bonds (Project No. 2) Ser. A | 4.00 | 6/1/2024 | 2240000 | <sup>a</sup>  | 2245283 |
| University of Alabama at Birmingham, Revenue Bonds, Ser. B | 4.00 | 10/1/2035 | 2000000 |  | 2086010 |
|  |  |  |  | **21571953** | **21571953** |
| **Arizona - 2.3%**  | **Arizona - 2.3%**  | **Arizona - 2.3%**  |  |  |  |
| Arizona Industrial Development Authority, Revenue Bonds (Equitable School Revolving Fund Obligated Group) Ser. A | 4.00 | 11/1/2038 | 3065000 |  | 3020292 |
| Glendale Industrial Development Authority, Revenue Bonds, Refunding (Sun Health Services Obligated Group) Ser. A | 5.00 | 11/15/2048 | 1500000 |  | 1526894 |

---

------

*STATEMENT OF INVESTMENTS (Unaudited) (continued)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| Description | Coupon <br>Rate (%) | Maturity Date | Principal Amount ($) | Value ($) |
| **Long-Term Municipal Investments - 97.9% (continued)** | **Long-Term Municipal Investments - 97.9% (continued)** | **Long-Term Municipal Investments - 97.9% (continued)** |  |  |
| **Arizona - 2.3% (continued)** | **Arizona - 2.3% (continued)** | **Arizona - 2.3% (continued)** |  |  |
| La Paz County Industrial Development Authority, Revenue Bonds (Harmony Public Schools) Ser. A | 5.00 | 2/15/2046 | 2000000<br> <sup>d</sup>  | 2014598 |
| Maricopa County Industrial Development Authority, Revenue Bonds (Banner Health Obligated Group) Ser. A | 5.00 | 1/1/2041 | 1175000 | 1246409 |
| Maricopa County Industrial Development Authority, Revenue Bonds (Benjamin Franklin Charter School Obligated Group) | 6.00 | 7/1/2038 | 2750000<br> <sup>d</sup>  | 2943402 |
| The Phoenix Industrial Development Authority, Revenue Bonds, Refunding (BASIS Schools Projects) Ser. A | 5.00 | 7/1/2046 | 1000000<br> <sup>d</sup>  | 952255 |
|  |  |  |  | **11703850** |
| **California - 4.0%**  | **California - 4.0%**  | **California - 4.0%**  |  |  |
| Alameda Corridor Transportation Authority, Revenue Bonds (Insured; Assured Guaranty Municipal Corp.) Ser. C | 5.00 | 10/1/2052 | 2500000 | 2761671 |
| California, GO, Refunding | 5.00 | 4/1/2042 | 1400000 | 1616263 |
| California, GO, Refunding | 5.25 | 9/1/2047 | 1000000 | 1170141 |
| California County Tobacco Securitization Agency, Revenue Bonds, Refunding, Ser. A | 4.00 | 6/1/2040 | 400000 | 390684 |
| California Health Facilities Financing Authority, Revenue Bonds, Refunding (Sutter Health Obligated Group) Ser. B | 5.00 | 11/15/2046 | 1480000 | 1529417 |
| California Housing Finance Agency, Revenue Bonds, Ser. 2021-1 | 3.50 | 11/20/2035 | 1459702 | 1415385 |
| California Municipal Finance Authority, Revenue Bonds (Green Bond) (Insured; Build America Mutual) | 5.00 | 5/15/2027 | 450000 | 488360 |
| California Municipal Finance Authority, Revenue Bonds, Refunding (HumanGood California Obligated Group) Ser. A | 5.00 | 10/1/2044 | 2500000 | 2608517 |
| California University, Revenue Bonds, Refunding, Ser. B2 | 0.55 | 11/1/2026 | 1000000<br> <sup>a</sup>  | 893024 |
| Orange County Community Facilities District, Special Tax Bonds, Ser. A | 5.00 | 8/15/2047 | 1000000 | 1040299 |
| Sacramento North Natomas Community Facilities District No. 4, Special Tax Bonds, Refunding, Ser. E | 5.00 | 9/1/2030 | 1500000 | 1516044 |

---

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| Description | Coupon <br>Rate (%) | Maturity Date | Principal Amount ($) |  | Value ($) |
| **Long-Term Municipal Investments - 97.9% (continued)** | **Long-Term Municipal Investments - 97.9% (continued)** | **Long-Term Municipal Investments - 97.9% (continued)** |  |  |  |
| **California - 4.0% (continued)** | **California - 4.0% (continued)** | **California - 4.0% (continued)** |  |  |  |
| San Diego County Regional Airport Authority, Revenue Bonds, Ser. B | 4.00 | 7/1/2046 | 1750000 |  | 1683364 |
| San Francisco City & County Airport Commission, Revenue Bonds, Refunding, Ser. B | 5.00 | 5/1/2041 | 1500000 |  | 1550359 |
| San Francisco City & County Public Utilities Commission Power, Revenue Bonds, Refunding, Ser. B | 4.00 | 11/1/2051 | 1505000 |  | 1505739 |
|  |  |  |  | **20169267** | **20169267** |
| **Colorado - 5.8%**  | **Colorado - 5.8%**  | **Colorado - 5.8%**  |  |  |  |
| Colorado Health Facilities Authority, Revenue Bonds (Children's Hospital Obligated Group) Ser. A | 5.00 | 12/1/2041 | 2500000 |  | 2578082 |
| Colorado Health Facilities Authority, Revenue Bonds (Covenant Retirement Communities & Services Obligated Group) | 5.00 | 12/1/2043 | 3280000 |  | 3333897 |
| Colorado Health Facilities Authority, Revenue Bonds, Refunding | 5.00 | 11/19/2026 | 230000 | <sup>e,f</sup>  | 251677 |
| Colorado Health Facilities Authority, Revenue Bonds, Refunding | 5.00 | 11/19/2026 | 2270000 | <sup>a</sup>  | 2441158 |
| Colorado Health Facilities Authority, Revenue Bonds, Refunding (CommonSpirit Health Obligated Group) Ser. A | 5.00 | 8/1/2044 | 1250000 |  | 1302001 |
| Colorado Health Facilities Authority, Revenue Bonds, Refunding (Intermountain Healthcare Obligated Group) Ser. A | 4.00 | 5/15/2052 | 2000000 |  | 1962239 |
| Colorado Health Facilities Authority, Revenue Bonds, Refunding, Ser. A | 4.00 | 1/1/2036 | 2000000 |  | 2088479 |
| Denver City & County Airport System, Revenue Bonds, Refunding, Ser. A | 5.00 | 12/1/2048 | 3000000 |  | 3113700 |
| Denver City & County Airport System, Revenue Bonds, Refunding, Ser. A | 5.50 | 11/15/2053 | 3000000 |  | 3356283 |
| Denver City & County Airport System, Revenue Bonds, Refunding, Ser. D | 5.00 | 11/15/2024 | 2400000 |  | 2489827 |
| Denver City & County Airport System, Revenue Bonds, Ser. A | 5.50 | 11/15/2027 | 3065000 |  | 3127193 |
| Regional Transportation District, Revenue Bonds, Refunding (Denver Transit Partners) Ser. A | 5.00 | 1/15/2031 | 950000 |  | 1056971 |
| Weld County School District No. RE-4, GO (Insured; State Aid Withholding) | 5.00 | 12/1/2042 | 2000000 |  | 2264352 |
|  |  |  |  | **29365859** | **29365859** |

---

------

*STATEMENT OF INVESTMENTS (Unaudited) (continued)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| Description | Coupon <br>Rate (%) | Maturity Date | Principal Amount ($) | Value ($) |
| **Long-Term Municipal Investments - 97.9% (continued)** | **Long-Term Municipal Investments - 97.9% (continued)** | **Long-Term Municipal Investments - 97.9% (continued)** |  |  |
| **Connecticut - .7%**  | **Connecticut - .7%**  | **Connecticut - .7%**  |  |  |
| Connecticut, GO, Ser. F | 5.00 | 11/15/2041 | 2500000 | 2817731 |
| Connecticut Health & Educational Facilities Authority, Revenue Bonds, Refunding (Fairfield University) Ser. T | 4.00 | 7/1/2055 | 1000000 | 936266 |
|  |  |  |  | **3753997** |
| **District of Columbia - 2.4%**  | **District of Columbia - 2.4%**  | **District of Columbia - 2.4%**  |  |  |
| District of Columbia, Revenue Bonds, Ser. A | 5.50 | 7/1/2047 | 3000000 | 3504874 |
| Metropolitan Washington Airports Authority, Revenue Bonds, Refunding | 5.00 | 10/1/2035 | 1500000 | 1597585 |
| Metropolitan Washington Airports Authority, Revenue Bonds, Refunding, Ser. A | 5.00 | 10/1/2027 | 3340000 | 3440552 |
| Metropolitan Washington Airports Authority, Revenue Bonds, Refunding, Ser. A | 5.00 | 10/1/2035 | 1000000 | 1051965 |
| Metropolitan Washington Airports Authority, Revenue Bonds, Refunding, Ser. B | 4.00 | 10/1/2049 | 2500000 | 2380330 |
|  |  |  |  | **11975306** |
| **Florida - 4.3%**  | **Florida - 4.3%**  | **Florida - 4.3%**  |  |  |
| Broward County Airport System, Revenue Bonds | 5.00 | 10/1/2037 | 1560000 | 1645697 |
| Escambia County, Revenue Bonds | 5.00 | 10/1/2046 | 2000000 | 2171141 |
| Florida Municipal Power Agency, Revenue Bonds, Ser. A | 3.00 | 10/1/2032 | 1000000 | 991843 |
| Greater Orlando Aviation Authority, Revenue Bonds, Ser. A | 4.00 | 10/1/2044 | 1500000 | 1467932 |
| Hillsborough County Aviation Authority, Revenue Bonds (Tampa International Airport) | 5.00 | 10/1/2034 | 1000000 | 1129989 |
| Jacksonville, Revenue Bonds, Refunding (Brooks Rehabilitation Project) | 4.00 | 11/1/2045 | 1500000 | 1437392 |
| JEA Electric System, Revenue Bonds, Refunding, Ser. 3A | 4.00 | 10/1/2038 | 1850000 | 1893031 |
| JEA Water & Sewer System, Revenue Bonds, Refunding, Ser. A | 4.00 | 10/1/2040 | 800000 | 811933 |
| Miami Beach Redevelopment Agency, Tax Allocation Bonds, Refunding | 5.00 | 2/1/2033 | 1000000 | 1019510 |
| Miami Beach Stormwater, Revenue Bonds, Refunding | 5.00 | 9/1/2047 | 2500000 | 2501300 |
| Mid-Bay Bridge Authority, Revenue Bonds, Refunding, Ser. A | 5.00 | 10/1/2040 | 1000000 | 1020746 |

---

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| Description | Coupon <br>Rate (%) | Maturity Date | Principal Amount ($) | Value ($) |
| **Long-Term Municipal Investments - 97.9% (continued)** | **Long-Term Municipal Investments - 97.9% (continued)** | **Long-Term Municipal Investments - 97.9% (continued)** |  |  |
| **Florida - 4.3% (continued)** | **Florida - 4.3% (continued)** | **Florida - 4.3% (continued)** |  |  |
| Orange County Health Facilities Authority, Revenue Bonds (Orlando Health Obligated Group) Ser. A | 5.00 | 10/1/2053 | 2000000 | 2151846 |
| Palm Beach County Health Facilities Authority, Revenue Bonds, Refunding (Baptist Health South Florida Obligated Group) | 4.00 | 8/15/2049 | 3305000 | 3167513 |
|  |  |  |  | **21409873** |
| **Georgia - 4.1%**  | **Georgia - 4.1%**  | **Georgia - 4.1%**  |  |  |
| Atlanta Water & Wastewater, Revenue Bonds, Refunding | 5.00 | 11/1/2041 | 1000000 | 1077846 |
| Georgia Municipal Electric Authority, Revenue Bonds (Plant Vogtle Units 3&4 Project) | 5.00 | 1/1/2037 | 1100000 | 1177024 |
| Georgia Municipal Electric Authority, Revenue Bonds (Plant Vogtle Units 3&4 Project) (Insured; Assured Guaranty Municipal Corp.) | 5.00 | 7/1/2055 | 1000000 | 1060183 |
| Georgia Municipal Electric Authority, Revenue Bonds (Plant Vogtle Units 3&4 Project) Ser. A | 5.00 | 7/1/2052 | 3250000 | 3385831 |
| Georgia Municipal Electric Authority, Revenue Bonds, Refunding (Project No. 1) Ser. A | 5.00 | 1/1/2028 | 2500000 | 2680064 |
| Georgia Ports Authority, Revenue Bonds | 4.00 | 7/1/2052 | 1250000 | 1239027 |
| Main Street Natural Gas, Revenue Bonds, Ser. A | 5.00 | 6/1/2030 | 2500000<br> <sup>a</sup>  | 2654996 |
| Main Street Natural Gas, Revenue Bonds, Ser. B | 5.00 | 6/1/2029 | 2000000<br> <sup>a</sup>  | 2114934 |
| Main Street Natural Gas, Revenue Bonds, Ser. C | 4.00 | 9/1/2026 | 3750000<br> <sup>a</sup>  | 3773774 |
| Private Colleges & Universities Authority, Revenue Bonds, Refunding (Emory University) Ser. A | 5.00 | 10/1/2043 | 1700000 | 1716157 |
|  |  |  |  | **20879836** |
| **Illinois - 10.6%**  | **Illinois - 10.6%**  | **Illinois - 10.6%**  |  |  |
| Chicago Board of Education, GO, Refunding (Insured; Assured Guaranty Municipal Corp.) Ser. A | 5.00 | 12/1/2033 | 1000000 | 1071108 |
| Chicago Board of Education, GO, Refunding (Insured; Assured Guaranty Municipal Corp.) Ser. C | 5.00 | 12/1/2030 | 1500000 | 1615778 |
| Chicago Board of Education, Revenue Bonds | 5.00 | 4/1/2042 | 1000000 | 1012996 |

---

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*STATEMENT OF INVESTMENTS (Unaudited) (continued)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| Description | Coupon <br>Rate (%) | Maturity Date | Principal Amount ($) | Value ($) |
| **Long-Term Municipal Investments - 97.9% (continued)** | **Long-Term Municipal Investments - 97.9% (continued)** | **Long-Term Municipal Investments - 97.9% (continued)** |  |  |
| **Illinois - 10.6% (continued)** | **Illinois - 10.6% (continued)** | **Illinois - 10.6% (continued)** |  |  |
| Chicago II Wastewater Transmission, Revenue Bonds (Insured; Assured Guaranty Municipal Corp.) | 5.00 | 1/1/2033 | 2490000 | 2543740 |
| Chicago II Waterworks, Revenue Bonds (2nd Lien Project) | 5.00 | 11/1/2025 | 1925000 | 1983231 |
| Chicago O'Hare International Airport, Revenue Bonds, Refunding, Ser. A | 5.00 | 1/1/2034 | 2100000 | 2168804 |
| Chicago O'Hare International Airport, Revenue Bonds, Ser. A | 5.50 | 1/1/2055 | 1500000 | 1635614 |
| Chicago Park District, GO, Refunding, Ser. C | 5.00 | 1/1/2027 | 2030000 | 2065063 |
| Cook County II, GO, Refunding, Ser. A | 5.00 | 11/15/2025 | 2000000 | 2128244 |
| Cook County II, Revenue Bonds, Refunding | 5.00 | 11/15/2035 | 2500000 | 2685752 |
| Cook County II, Revenue Bonds, Refunding, Ser. A | 5.00 | 11/15/2030 | 1650000 | 1906937 |
| Greater Chicago Metropolitan Water Reclamation District, GO, Refunding, Ser. D | 5.00 | 12/1/2031 | 1000000 | 1216233 |
| Illinois, GO, Refunding, Ser. C | 4.00 | 3/1/2023 | 1420000 | 1421413 |
| Illinois, Revenue Bonds (Insured; Build America Mutual) Ser. A | 5.00 | 6/15/2030 | 2000000 | 2198913 |
| Illinois Finance Authority, Revenue Bonds (Advocate Health Care Obligated Group) | 5.00 | 6/1/2027 | 270000 | 272007 |
| Illinois Finance Authority, Revenue Bonds, Refunding (OSF Healthcare System Obligated Group) Ser. A | 5.00 | 11/15/2045 | 1000000 | 1009010 |
| Illinois Finance Authority, Revenue Bonds, Refunding (Rush University Medical Center Obligated Group) Ser. A | 5.00 | 11/15/2033 | 3000000 | 3113805 |
| Illinois Finance Authority, Revenue Bonds, Refunding (The University of Chicago) Ser. A | 4.00 | 4/1/2050 | 3760000 | 3702723 |
| Illinois Finance Authority, Revenue Bonds, Refunding, Ser. A | 6.00 | 7/1/2043 | 2500000 | 2529911 |
| Illinois Housing Development Authority, Revenue Bonds (Insured; GNMA, FNMA, FHLMC) Ser. A | 3.00 | 4/1/2051 | 1900000 | 1872963 |
| Illinois Municipal Electric Agency, Revenue Bonds, Refunding, Ser. A | 5.00 | 2/1/2032 | 1500000 | 1574833 |

---

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| | | | | |
|:---|:---|:---|:---|:---|
| Description | Coupon <br>Rate (%) | Maturity Date | Principal Amount ($) | Value ($) |
| **Long-Term Municipal Investments - 97.9% (continued)** | **Long-Term Municipal Investments - 97.9% (continued)** | **Long-Term Municipal Investments - 97.9% (continued)** |  |  |
| **Illinois - 10.6% (continued)** | **Illinois - 10.6% (continued)** | **Illinois - 10.6% (continued)** |  |  |
| Northern Illinois University, Revenue Bonds, Refunding (Insured; Build America Mutual) Ser. B | 4.00 | 4/1/2040 | 1475000 | 1441436 |
| Railsplitter Tobacco Settlement Authority, Revenue Bonds | 5.00 | 6/1/2026 | 2320000 | 2503681 |
| Regional Transportation Authority, Revenue Bonds, Refunding (Insured; Assured Guaranty Municipal Corp.) | 6.00 | 6/1/2025 | 1000000 | 1052952 |
| Sales Tax Securitization Corp., Revenue Bonds, Refunding, Ser. A | 4.00 | 1/1/2039 | 2350000 | 2344954 |
| Sales Tax Securitization Corp., Revenue Bonds, Refunding, Ser. A | 4.00 | 1/1/2038 | 1000000 | 1003190 |
| Sales Tax Securitization Corp., Revenue Bonds, Refunding, Ser. A | 5.00 | 1/1/2034 | 1400000 | 1617807 |
| Sales Tax Securitization Corp., Revenue Bonds, Refunding, Ser. A | 5.00 | 1/1/2036 | 3500000 | 3815499 |
|  |  |  |  | **53508597** |
| **Indiana - .9%**  | **Indiana - .9%**  | **Indiana - .9%**  |  |  |
| Indiana Finance Authority, Revenue Bonds, Refunding (CWA Authority Project) Ser. 1 | 4.00 | 10/1/2036 | 2980000 | 3101739 |
| Indiana Finance Authority, Revenue Bonds, Refunding (First Lien Project) Ser. A | 5.00 | 10/1/2035 | 1350000 | 1607980 |
|  |  |  |  | **4709719** |
| **Iowa - 1.9%**  | **Iowa - 1.9%**  | **Iowa - 1.9%**  |  |  |
| Iowa Finance Authority, Revenue Bonds, Refunding (Iowa Fertilizer Co. Project) | 5.00 | 12/1/2050 | 2730000 | 2748794 |
| Iowa Student Loan Liquidity Corp., Revenue Bonds, Ser. B | 5.00 | 12/1/2030 | 1500000 | 1698628 |
| Iowa Tobacco Settlement Authority, Revenue Bonds, Refunding, Ser. A2 | 4.00 | 6/1/2049 | 2000000 | 1826353 |
| Iowa Tobacco Settlement Authority, Revenue Bonds, Refunding, Ser. B1 | 4.00 | 6/1/2049 | 1420000 | 1420935 |
| PEFA, Revenue Bonds (Gas Project) | 5.00 | 9/1/2026 | 2000000<br> <sup>a</sup>  | 2076641 |
|  |  |  |  | **9771351** |
| **Kansas - .1%**  | **Kansas - .1%**  | **Kansas - .1%**  |  |  |
| Kansas Development Finance Authority, Revenue Bonds, Ser. B | 4.00 | 11/15/2025 | 250000 | **235617** |

---

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*STATEMENT OF INVESTMENTS (Unaudited) (continued)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| Description | Coupon <br>Rate (%) | Maturity Date | Principal Amount ($) | Value ($) |
| **Long-Term Municipal Investments - 97.9% (continued)** | **Long-Term Municipal Investments - 97.9% (continued)** | **Long-Term Municipal Investments - 97.9% (continued)** |  |  |
| **Kentucky - 1.7%**  | **Kentucky - 1.7%**  | **Kentucky - 1.7%**  |  |  |
| Kentucky Economic Development Finance Authority, Revenue Bonds, Refunding (Louisville Arena Project) (Insured; Assured Guaranty Municipal Corp.) Ser. A | 5.00 | 12/1/2045 | 2000000 | 2062233 |
| Kentucky Public Energy Authority, Revenue Bonds, Ser. A | 4.00 | 4/1/2024 | 1010000<br> <sup>a</sup>  | 1012260 |
| Kentucky Public Energy Authority, Revenue Bonds, Ser. A1 | 4.00 | 8/1/2030 | 1500000<br> <sup>a</sup>  | 1497960 |
| Kentucky Public Energy Authority, Revenue Bonds, Ser. B | 4.00 | 1/1/2025 | 4000000<br> <sup>a</sup>  | 4000382 |
|  |  |  |  | **8572835** |
| **Louisiana - 1.7%**  | **Louisiana - 1.7%**  | **Louisiana - 1.7%**  |  |  |
| Louisiana Public Facilities Authority, Revenue Bonds (Franciscan Missionaries of Our Lady Health System Obligated Group) Ser. A | 5.00 | 7/1/2047 | 1500000 | 1535938 |
| New Orleans Aviation Board, Revenue Bonds (Parking Facilities Corp.) (Insured; Assured Guaranty Municipal Corp.) | 5.00 | 10/1/2048 | 1250000 | 1306412 |
| New Orleans Aviation Board, Revenue Bonds, Refunding (Insured; Assured Guaranty Municipal Corp.) | 5.00 | 1/1/2036 | 1135000 | 1234220 |
| New Orleans Aviation Board, Revenue Bonds, Ser. B | 5.00 | 1/1/2040 | 2175000 | 2207927 |
| St. John the Baptist Parish, Revenue Bonds, Refunding (Marathon Oil Corp.) | 2.20 | 7/1/2026 | 1000000<br> <sup>a</sup>  | 943075 |
| Tobacco Settlement Financing Corp., Revenue Bonds, Refunding, Ser. A | 5.25 | 5/15/2035 | 1500000 | 1509041 |
|  |  |  |  | **8736613** |
| **Maryland - .3%**  | **Maryland - .3%**  | **Maryland - .3%**  |  |  |
| Maryland Economic Development Corp., Revenue Bonds (Green Bond) (Purple Line Transit Partners) Ser. B | 5.25 | 6/30/2052 | 1590000 | **1636176** |
| **Massachusetts - 1.6%**  | **Massachusetts - 1.6%**  | **Massachusetts - 1.6%**  |  |  |
| Massachusetts Development Finance Agency, Revenue Bonds, Refunding (Suffolk University) | 5.00 | 7/1/2027 | 1750000 | 1887673 |
| Massachusetts Development Finance Agency, Revenue Bonds, Refunding, Ser. A | 5.00 | 7/1/2044 | 1000000 | 999924 |
| Massachusetts Development Finance Agency, Revenue Bonds, Refunding, Ser. A | 5.00 | 7/1/2033 | 1250000 | 1317884 |

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------

---

| | | | | |
|:---|:---|:---|:---|:---|
| Description | Coupon <br>Rate (%) | Maturity Date | Principal Amount ($) | Value ($) |
| **Long-Term Municipal Investments - 97.9% (continued)** | **Long-Term Municipal Investments - 97.9% (continued)** | **Long-Term Municipal Investments - 97.9% (continued)** |  |  |
| **Massachusetts - 1.6% (continued)** | **Massachusetts - 1.6% (continued)** | **Massachusetts - 1.6% (continued)** |  |  |
| Massachusetts Educational Financing Authority, Revenue Bonds, Ser. B | 5.00 | 7/1/2027 | 2350000 | 2537898 |
| Massachusetts Port Authority, Revenue Bonds (Green Bond) Ser. A | 5.00 | 7/1/2034 | 1000000 | 1138229 |
|  |  |  |  | **7881608** |
| **Michigan - 5.4%**  | **Michigan - 5.4%**  | **Michigan - 5.4%**  |  |  |
| Great Lakes Water Authority, Revenue Bonds, Ser. B | 5.00 | 7/1/2046 | 3000000 | 3121136 |
| Karegnondi Water Authority, Revenue Bonds, Refunding | 5.00 | 11/1/2041 | 1000000 | 1049513 |
| Lansing Board of Water & Light, Revenue Bonds, Ser. B | 2.00 | 7/1/2026 | 2500000<br> <sup>a</sup>  | 2401067 |
| Michigan Finance Authority, Revenue Bonds (Henry Ford Health System Obligated Group) Ser. A | 4.00 | 11/15/2050 | 1665000 | 1587448 |
| Michigan Finance Authority, Revenue Bonds, Refunding | 4.00 | 4/15/2042 | 2425000 | 2372606 |
| Michigan Finance Authority, Revenue Bonds, Refunding (Great Lakes Water Authority) (Insured; Assured Guaranty Municipal Corp.) Ser. C3 | 5.00 | 7/1/2031 | 2500000 | 2579365 |
| Michigan Finance Authority, Revenue Bonds, Refunding (Insured; Assured Guaranty Municipal Corp.) Ser. D1 | 5.00 | 7/1/2037 | 2000000 | 2050586 |
| Michigan Housing Development Authority, Revenue Bonds, Ser. A | 3.50 | 12/1/2050 | 1605000 | 1607369 |
| Michigan Strategic Fund, Revenue Bonds (I-75 Improvement Project) | 5.00 | 6/30/2033 | 3900000 | 4160503 |
| Michigan Trunk Line, Revenue Bonds | 4.00 | 11/15/2046 | 3640000 | 3656882 |
| Pontiac School District, GO | 4.00 | 5/1/2045 | 1800000 | 1820398 |
| Wayne County Airport Authority, Revenue Bonds, Ser. D | 5.00 | 12/1/2045 | 1000000 | 1035704 |
|  |  |  |  | **27442577** |
| **Missouri - 1.3%**  | **Missouri - 1.3%**  | **Missouri - 1.3%**  |  |  |
| Kansas City Industrial Development Authority, Revenue Bonds, Ser. A | 5.00 | 3/1/2044 | 1250000 | 1305159 |
| Kansas City Industrial Development Authority, Revenue Bonds, Ser. B | 5.00 | 3/1/2054 | 3060000 | 3161970 |

---

------

*STATEMENT OF INVESTMENTS (Unaudited) (continued)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| Description | Coupon <br>Rate (%) | Maturity Date | Principal Amount ($) | Value ($) |
| **Long-Term Municipal Investments - 97.9% (continued)** | **Long-Term Municipal Investments - 97.9% (continued)** | **Long-Term Municipal Investments - 97.9% (continued)** |  |  |
| **Missouri - 1.3% (continued)** | **Missouri - 1.3% (continued)** | **Missouri - 1.3% (continued)** |  |  |
| The Missouri Health & Educational Facilities Authority, Revenue Bonds, Refunding (CoxHealth Obligated Group) Ser. A | 5.00 | 11/15/2029 | 2000000 | 2104126 |
|  |  |  |  | **6571255** |
| **Multi-State - .2%**  | **Multi-State - .2%**  | **Multi-State - .2%**  |  |  |
| Federal Home Loan Mortgage Corp. Multifamily Variable Rate Certificates, Revenue Bonds, Ser. M048 | 3.15 | 1/15/2036 | 1180000<br> <sup>d</sup>  | **1081204** |
| **Nebraska - .4%**  | **Nebraska - .4%**  | **Nebraska - .4%**  |  |  |
| Public Power Generation Agency, Revenue Bonds, Refunding | 5.00 | 1/1/2037 | 2000000 | **2115840** |
| **Nevada - 1.3%**  | **Nevada - 1.3%**  | **Nevada - 1.3%**  |  |  |
| Clark County School District, GO, Ser. A | 5.00 | 6/15/2039 | 5000000 | 5659335 |
| Reno, Revenue Bonds, Refunding (Reno Transportation Rail Access Project) | 5.00 | 6/1/2048 | 1070000 | 1122945 |
|  |  |  |  | **6782280** |
| **New Jersey - 3.3%**  | **New Jersey - 3.3%**  | **New Jersey - 3.3%**  |  |  |
| New Jersey Economic Development Authority, Revenue Bonds, Refunding, Ser. XX | 5.25 | 6/15/2027 | 1000000 | 1060483 |
| New Jersey Educational Facilities Authority, Revenue Bonds, Refunding (Stockton University) Ser. A | 5.00 | 7/1/2041 | 1000000 | 1023644 |
| New Jersey Health Care Facilities Financing Authority, Revenue Bonds (Inspira Health Obligated Group) | 5.00 | 7/1/2037 | 1600000 | 1683971 |
| New Jersey Higher Education Student Assistance Authority, Revenue Bonds, Ser. B | 5.00 | 12/1/2024 | 570000 | 589617 |
| New Jersey Transportation Trust Fund Authority, Revenue Bonds | 5.50 | 6/15/2050 | 1000000 | 1106813 |
| New Jersey Transportation Trust Fund Authority, Revenue Bonds, Ser. BB | 5.00 | 6/15/2044 | 2000000 | 2087632 |
| New Jersey Turnpike Authority, Revenue Bonds, Refunding, Ser. D | 5.00 | 1/1/2028 | 1000000 | 1083054 |
| South Jersey Transportation Authority, Revenue Bonds | 4.63 | 11/1/2047 | 1000000 | 1018734 |
| Tobacco Settlement Financing Corp., Revenue Bonds, Refunding, Ser. A | 5.00 | 6/1/2046 | 3880000 | 4006046 |
| Tobacco Settlement Financing Corp., Revenue Bonds, Refunding, Ser. A | 5.00 | 6/1/2036 | 2000000 | 2116428 |

---

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| Description | Coupon <br>Rate (%) | Maturity Date | Principal Amount ($) | Value ($) |
| **Long-Term Municipal Investments - 97.9% (continued)** | **Long-Term Municipal Investments - 97.9% (continued)** | **Long-Term Municipal Investments - 97.9% (continued)** |  |  |
| **New Jersey - 3.3% (continued)** | **New Jersey - 3.3% (continued)** | **New Jersey - 3.3% (continued)** |  |  |
| Tobacco Settlement Financing Corp., Revenue Bonds, Refunding, Ser. A | 5.25 | 6/1/2046 | 620000 | 648055 |
|  |  |  |  | **16424477** |
| **New Mexico - 1.0%**  | **New Mexico - 1.0%**  | **New Mexico - 1.0%**  |  |  |
| New Mexico Educational Assistance Foundation, Revenue Bonds, Refunding, Ser. 1A | 5.00 | 9/1/2025 | 2080000 | 2187604 |
| New Mexico Mortgage Finance Authority, Revenue Bonds (Insured; GNMA, FNMA, FHLMC) Ser. C | 3.00 | 1/1/2052 | 2645000 | 2602976 |
|  |  |  |  | **4790580** |
| **New York - 7.1%**  | **New York - 7.1%**  | **New York - 7.1%**  |  |  |
| Metropolitan Transportation Authority, Revenue Bonds, Refunding (Green Bond) Ser. C1 | 5.00 | 11/15/2050 | 3000000 | 3077107 |
| New York City, GO, Ser. F1 | 4.00 | 3/1/2047 | 200000 | 196817 |
| New York City Health & Hospitals Corp., Revenue Bonds, Refunding, Ser. A | 5.00 | 2/15/2028 | 1000000 | 1132640 |
| New York City Housing Development Corp., Revenue Bonds (Insured; Federal Housing Administration) Ser. F2 | 0.60 | 7/1/2025 | 1000000<br> <sup>a</sup>  | 934869 |
| New York City Industrial Development Agency, Revenue Bonds, Refunding (Queens Baseball Stadium Project) (Insured; Assured Guaranty Municipal Corp.) Ser. A | 5.00 | 1/1/2026 | 1000000 | 1066843 |
| New York Liberty Development Corp., Revenue Bonds, Refunding (Class 1-3 World Trade Center Project) | 5.00 | 11/15/2044 | 2500000<br> <sup>d</sup>  | 2496519 |
| New York Liberty Development Corp., Revenue Bonds, Refunding (Goldman Sachs Headquarters) | 5.25 | 10/1/2035 | 1000000 | 1152712 |
| New York State Dormitory Authority, Revenue Bonds, Refunding, Ser. A | 5.00 | 3/15/2035 | 3000000 | 3143591 |
| New York State Dormitory Authority, Revenue Bonds, Refunding, Ser. A | 5.25 | 3/15/2037 | 2000000 | 2227666 |
| New York State Dormitory Authority, Revenue Bonds, Refunding, Ser. E | 4.00 | 3/15/2038 | 1400000 | 1430430 |
| New York State Mortgage Agency, Revenue Bonds, Refunding, Ser. 232 | 5.00 | 4/1/2026 | 1180000 | 1248878 |

---

------

*STATEMENT OF INVESTMENTS (Unaudited) (continued)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| Description | Coupon <br>Rate (%) | Maturity Date | Principal Amount ($) | Value ($) |
| **Long-Term Municipal Investments - 97.9% (continued)** | **Long-Term Municipal Investments - 97.9% (continued)** | **Long-Term Municipal Investments - 97.9% (continued)** |  |  |
| **New York - 7.1% (continued)** | **New York - 7.1% (continued)** | **New York - 7.1% (continued)** |  |  |
| New York Transportation Development Corp., Revenue Bonds (Delta Air Lines) | 5.00 | 1/1/2032 | 1500000 | 1567799 |
| New York Transportation Development Corp., Revenue Bonds (JFK International Air Terminal) | 5.00 | 12/1/2040 | 2000000 | 2077517 |
| New York Transportation Development Corp., Revenue Bonds (LaGuardia Airport Terminal B Redevelopment Project) Ser. A | 5.25 | 1/1/2050 | 2500000 | 2507363 |
| Triborough Bridge & Tunnel Authority, Revenue Bonds, Refunding, Ser. C | 5.25 | 5/15/2052 | 5000000 | 5616143 |
| Triborough Bridge & Tunnel Authority, Revenue Bonds, Refunding, Ser. C2 | 5.00 | 11/15/2042 | 1500000 | 1606194 |
| Triborough Bridge & Tunnel Authority, Revenue Bonds, Ser. A | 5.25 | 5/15/2057 | 2500000 | 2806994 |
| TSASC, Revenue Bonds, Refunding, Ser. B | 5.00 | 6/1/2045 | 815000 | 777002 |
| Westchester County Local Development Corp., Revenue Bonds, Refunding (Purchase Senior Learning Community Obligated Group) | 5.00 | 7/1/2046 | 1000000<br> <sup>d</sup>  | 812558 |
|  |  |  |  | **35879642** |
| **North Carolina - 1.5%**  | **North Carolina - 1.5%**  | **North Carolina - 1.5%**  |  |  |
| Charlotte NC Airport, Revenue Bonds, Refunding, Ser. B | 5.00 | 7/1/2038 | 1000000 | 1101985 |
| North Carolina Medical Care Commission, Revenue Bonds (Twin Lakes Community) Ser. A | 5.00 | 1/1/2038 | 1000000 | 1011176 |
| The Charlotte-Mecklenburg Hospital Authority, Revenue Bonds (Atrium Health Obligated Group) | 5.00 | 12/1/2028 | 1500000<br> <sup>a</sup>  | 1701504 |
| The Charlotte-Mecklenburg Hospital Authority, Revenue Bonds (Atrium Health Obligated Group) Ser. B | 5.00 | 12/2/2024 | 3500000<br> <sup>a</sup>  | 3652530 |
|  |  |  |  | **7467195** |
| **North Dakota - .3%**  | **North Dakota - .3%**  | **North Dakota - .3%**  |  |  |
| University of North Dakota, COP (Insured; Assured Guaranty Municipal Corp.) Ser. A | 4.00 | 6/1/2046 | 1470000 | **1438701** |

---

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| Description | Coupon <br>Rate (%) | Maturity Date | Principal Amount ($) |  | Value ($) |
| **Long-Term Municipal Investments - 97.9% (continued)** | **Long-Term Municipal Investments - 97.9% (continued)** | **Long-Term Municipal Investments - 97.9% (continued)** |  |  |  |
| **Ohio - 1.2%**  | **Ohio - 1.2%**  | **Ohio - 1.2%**  |  |  |  |
| Buckeye Tobacco Settlement Financing Authority, Revenue Bonds, Refunding, Ser. A2 | 4.00 | 6/1/2048 | 3500000 |  | 3221995 |
| Cuyahoga County, Revenue Bonds, Refunding (The MetroHealth System) | 5.25 | 2/15/2047 | 1000000 |  | 1010253 |
| Ohio, Revenue Bonds, Refunding (Lease Appropriations-Adult Correctional Building Fund Projects) Ser. A | 5.00 | 10/1/2037 | 1430000 |  | 1569459 |
|  |  |  |  | **5801707** | **5801707** |
| **Pennsylvania - 8.7%**  | **Pennsylvania - 8.7%**  | **Pennsylvania - 8.7%**  |  |  |  |
| Allegheny County Hospital Development Authority, Revenue Bonds, Refunding (UPMC Obligated Group) Ser. A | 4.00 | 7/15/2035 | 1250000 |  | 1282940 |
| Allentown Neighborhood Improvement Zone Development Authority, Revenue Bonds (City Center Project) | 5.00 | 5/1/2033 | 2750000 | <sup>d</sup>  | 2769906 |
| Allentown School District, GO, Refunding (Insured; Build America Mutual) Ser. B | 5.00 | 2/1/2030 | 1000000 |  | 1145232 |
| Commonwealth Financing Authority, Revenue Bonds | 5.00 | 6/1/2030 | 2000000 |  | 2225737 |
| Delaware Valley Regional Finance Authority, Revenue Bonds, Ser. C, 1 Month MUNIPSA +0.53% | 2.19 | 9/1/2023 | 3000000 | <sup>a,b</sup>  | 2997621 |
| Geisinger Authority, Revenue Bonds, Refunding (Geisinger Health System Obligated Group) | 5.00 | 2/15/2027 | 1350000 | <sup>a</sup>  | 1445429 |
| Luzerne County Industrial Development Authority, Revenue Bonds, Refunding (Pennsylvania-American Water Co.) | 2.45 | 12/3/2029 | 1750000 | <sup>a</sup>  | 1630384 |
| Montgomery County Industrial Development Authority, Revenue Bonds, Refunding (ACTS Retirement-Life Communities Obligated Group) | 5.00 | 11/15/2036 | 3500000 |  | 3547898 |
| Pennsylvania Economic Development Financing Authority, Revenue Bonds (Insured; Assured Guaranteed Municipal Corp.) | 5.00 | 12/31/2057 | 2000000 |  | 2095501 |
| Pennsylvania Higher Education Assistance Agency, Revenue Bonds, Ser. A | 5.00 | 6/1/2029 | 1400000 |  | 1527702 |
| Pennsylvania Turnpike Commission, Revenue Bonds, Ser. A1 | 5.00 | 12/1/2036 | 3250000 |  | 3460997 |

---

------

*STATEMENT OF INVESTMENTS (Unaudited) (continued)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| Description | Coupon <br>Rate (%) | Maturity Date | Principal Amount ($) | Value ($) |
| **Long-Term Municipal Investments - 97.9% (continued)** | **Long-Term Municipal Investments - 97.9% (continued)** | **Long-Term Municipal Investments - 97.9% (continued)** |  |  |
| **Pennsylvania - 8.7% (continued)** | **Pennsylvania - 8.7% (continued)** | **Pennsylvania - 8.7% (continued)** |  |  |
| Pennsylvania Turnpike Commission Oil Franchise, Revenue Bonds, Refunding, Ser. A | 5.00 | 12/1/2046 | 3000000 | 3268155 |
| Pennsylvania Turnpike Commission Oil Franchise, Revenue Bonds, Ser. B | 5.25 | 12/1/2048 | 4000000 | 4270818 |
| Philadelphia, GO, Ser. A | 5.00 | 5/1/2033 | 4000000 | 4605548 |
| The Philadelphia Redevelopment Authority, Revenue Bonds, Refunding, Ser. B | 5.00 | 4/15/2024 | 1500000 | 1537048 |
| The Philadelphia School District, GO (Insured; State Aid Withholding) Ser. A | 4.00 | 9/1/2036 | 1420000 | 1473160 |
| The Philadelphia School District, GO (Insured; State Aid Withholding) Ser. A | 5.00 | 9/1/2038 | 1000000 | 1081400 |
| The Philadelphia School District, GO (Insured; State Aid Withholding) Ser. A | 5.00 | 9/1/2044 | 3000000 | 3236714 |
|  |  |  |  | **43602190** |
| **Rhode Island - .4%**  | **Rhode Island - .4%**  | **Rhode Island - .4%**  |  |  |
| Providence Public Building Authority, Revenue Bonds (Insured; Assured Guaranty Municipal Corp.) Ser. A | 5.00 | 9/15/2037 | 1695000 | **1875355** |
| **South Carolina - 2.2%**  | **South Carolina - 2.2%**  | **South Carolina - 2.2%**  |  |  |
| Piedmont Municipal Power Agency, Revenue Bonds, Refunding, Ser. B | 5.00 | 1/1/2029 | 1000000 | 1123232 |
| Piedmont Municipal Power Agency, Revenue Bonds, Refunding, Ser. D | 4.00 | 1/1/2033 | 3000000 | 3163870 |
| South Carolina Public Service Authority, Revenue Bonds (Santee Cooper) Refunding | 5.13 | 12/1/2043 | 5000000 | 5034078 |
| South Carolina Public Service Authority, Revenue Bonds, Refunding, Ser. A | 4.00 | 12/1/2055 | 2000000 | 1861866 |
|  |  |  |  | **11183046** |
| **Tennessee - 1.1%**  | **Tennessee - 1.1%**  | **Tennessee - 1.1%**  |  |  |
| Nashville & Davidson County Metropolitan Government, GO, Refunding, Ser. C | 4.00 | 1/1/2032 | 1000000 | 1109065 |
| Tennergy Corp., Revenue Bonds, Ser. A | 4.00 | 9/1/2028 | 2000000<br> <sup>a</sup>  | 2005576 |
| Tennessee Energy Acquisition Corp., Revenue Bonds | 4.00 | 11/1/2025 | 1000000<br> <sup>a</sup>  | 1005040 |
| The Metropolitan Nashville Airport Authority, Revenue Bonds, Ser. B | 5.50 | 7/1/2052 | 1500000 | 1651363 |
|  |  |  |  | **5771044** |

---

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| Description | Coupon <br>Rate (%) | Maturity Date | Principal Amount ($) | Value ($) |
| **Long-Term Municipal Investments - 97.9% (continued)** | **Long-Term Municipal Investments - 97.9% (continued)** | **Long-Term Municipal Investments - 97.9% (continued)** |  |  |
| **Texas - 9.0%**  | **Texas - 9.0%**  | **Texas - 9.0%**  |  |  |
| Argyle Independent School District, GO (Insured; Permanent School Fund Guarantee Program) | 5.00 | 8/15/2035 | 1100000 | 1312074 |
| Clifton Higher Education Finance Corp., Revenue Bonds (International Leadership of Texas) Ser. D | 5.75 | 8/15/2033 | 4500000 | 4610552 |
| Clifton Higher Education Finance Corp., Revenue Bonds, Refunding (IDEA Public Schools) (Insured; Permanent School Fund Guarantee Program) | 5.00 | 8/15/2031 | 3825000 | 3963226 |
| Collin County Community College District, GO, Ser. A | 4.00 | 8/15/2034 | 1000000 | 1068273 |
| Corpus Christi Utility System, Revenue Bonds, Refunding, Ser. A | 4.00 | 7/15/2035 | 1000000 | 1047948 |
| Dallas Area Rapid Transit, Revenue Bonds, Refunding, Ser. B | 4.00 | 12/1/2051 | 1925000 | 1920559 |
| Dallas Fort Worth International Airport, Revenue Bonds, Refunding, Ser. B | 5.00 | 11/1/2040 | 2500000 | 2847893 |
| Garland Electric Utility System, Revenue Bonds, Refunding | 5.00 | 3/1/2044 | 1500000 | 1612007 |
| Georgetown Utility System, Revenue Bonds (Insured; Assured Guaranteed Municipal Corp.) | 5.25 | 8/15/2052 | 3000000 | 3321185 |
| Houston Airport System, Revenue Bonds (United Airlines) Ser. C | 5.00 | 7/15/2028 | 1000000 | 1033798 |
| Love Field Airport Modernization Corp., Revenue Bonds | 5.00 | 11/1/2034 | 3500000 | 3643087 |
| Lower Colorado River Authority, Revenue Bonds, Refunding | 5.00 | 5/15/2039 | 3000000 | 3012516 |
| Lower Colorado River Authority, Revenue Bonds, Refunding (LCRA Transmission Services Corp.) Ser. A | 4.00 | 5/15/2049 | 1000000 | 955134 |
| Lubbock Electric Light & Power System, Revenue Bonds | 5.00 | 4/15/2048 | 2475000 | 2664957 |
| Mission Economic Development Corp., Revenue Bonds, Refunding (Natgasoline Project) | 4.63 | 10/1/2031 | 2800000<br> <sup>d</sup>  | 2786998 |
| North Texas Tollway Authority, Revenue Bonds, Refunding, Ser. A | 5.00 | 1/1/2039 | 4000000 | 4192079 |
| Plano Independent School District, GO | 5.00 | 2/15/2043 | 1000000<br> <sup>g</sup>  | 1135584 |
| Tarrant County Cultural Education Facilities Finance Corp., Revenue Bonds (Baylor Scott & White Health Obligated Group) Ser. F | 5.00 | 11/15/2030 | 2000000<br> <sup>a</sup>  | 2286011 |

---

------

*STATEMENT OF INVESTMENTS (Unaudited) (continued)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| Description | Coupon <br>Rate (%) | Maturity Date | Principal Amount ($) | Value ($) |
| **Long-Term Municipal Investments - 97.9% (continued)** | **Long-Term Municipal Investments - 97.9% (continued)** | **Long-Term Municipal Investments - 97.9% (continued)** |  |  |
| **Texas - 9.0% (continued)** | **Texas - 9.0% (continued)** | **Texas - 9.0% (continued)** |  |  |
| Tarrant County Cultural Education Facilities Finance Corp., Revenue Bonds (CHRISTUS Health Obligated Group) Ser. A | 5.00 | 7/1/2032 | 1500000<br> <sup>a</sup>  | 1720531 |
|  |  |  |  | **45134412** |
| **U.S. Related - 1.0%**  | **U.S. Related - 1.0%**  | **U.S. Related - 1.0%**  |  |  |
| Puerto Rico, GO, Ser. A1 | 5.63 | 7/1/2027 | 5000000 | **5243084** |
| **Utah - .9%**  | **Utah - .9%**  | **Utah - .9%**  |  |  |
| Salt Lake City Airport, Revenue Bonds, Ser. A | 5.00 | 7/1/2034 | 3000000 | 3210230 |
| Utah Telecommunication Open Infrastructure Agency, Revenue Bonds, Refunding | 5.50 | 6/1/2040 | 1200000 | 1398225 |
|  |  |  |  | **4608455** |
| **Virginia - 2.1%**  | **Virginia - 2.1%**  | **Virginia - 2.1%**  |  |  |
| Virginia Public Building Authority, Revenue Bonds, Ser. A | 4.00 | 8/1/2039 | 2500000 | 2614013 |
| Virginia Public Building Authority, Revenue Bonds, Ser. A2 | 4.00 | 8/1/2035 | 3000000 | 3257118 |
| Virginia Public Building Authority, Revenue Bonds, Ser. C | 5.00 | 8/1/2030 | 1275000 | 1358556 |
| Virginia Small Business Financing Authority, Revenue Bonds, Refunding | 5.00 | 12/31/2047 | 1500000 | 1559889 |
| Winchester Economic Development Authority, Revenue Bonds, Refunding (Valley Health System Obligated Group) | 5.00 | 1/1/2035 | 1560000 | 1636223 |
|  |  |  |  | **10425799** |
| **Washington - 1.5%**  | **Washington - 1.5%**  | **Washington - 1.5%**  |  |  |
| Port of Seattle, Revenue Bonds | 5.00 | 4/1/2029 | 2380000 | 2648382 |
| Port of Seattle, Revenue Bonds, Refunding | 4.00 | 8/1/2047 | 1500000 | 1395297 |
| Washington Convention Center Public Facilities District, Revenue Bonds | 5.00 | 7/1/2058 | 2450000 | 2469610 |
| Washington Housing Finance Commission, Revenue Bonds, Ser. A1 | 3.50 | 12/20/2035 | 975930 | 920425 |
|  |  |  |  | **7433714** |
| **Wisconsin - 1.3%**  | **Wisconsin - 1.3%**  | **Wisconsin - 1.3%**  |  |  |
| Public Finance Authority, Revenue Bonds (Cone Health) Ser. A | 5.00 | 10/1/2052 | 1500000 | 1595511 |
| Public Finance Authority, Revenue Bonds, Refunding (Duke Energy Progress) Ser. B | 4.00 | 10/1/2030 | 2855000<br> <sup>a</sup>  | 3016539 |

---

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| Description | Coupon <br>Rate (%) | Maturity Date | Principal Amount ($) | Value ($) |
| **Long-Term Municipal Investments - 97.9% (continued)** | **Long-Term Municipal Investments - 97.9% (continued)** | **Long-Term Municipal Investments - 97.9% (continued)** |  |  |
| **Wisconsin - 1.3% (continued)** | **Wisconsin - 1.3% (continued)** | **Wisconsin - 1.3% (continued)** |  |  |
| Public Finance Authority, Revenue Bonds, Refunding (Renown Regional Medical Center) Ser. A | 5.00 | 6/1/2040 | 2000000 | 2048707 |
|  |  |  |  | **6660757** |
| **Total Long-Term Municipal Investments**<br> (cost $502,699,081) | **Total Long-Term Municipal Investments**<br> (cost $502,699,081) | **Total Long-Term Municipal Investments**<br> (cost $502,699,081) | **493615771** | **493615771** |
| **Total Investments** (cost $503,785,397) | **Total Investments** (cost $503,785,397) | **Total Investments** (cost $503,785,397) | **98.1%** | **494573089** |
| **Cash and Receivables (Net)** | **Cash and Receivables (Net)** | **Cash and Receivables (Net)** | **1.9%** | **9695122** |
| **Net Assets** | **Net Assets** | **Net Assets** | **100.0%** | **504268211** |

---

*LIBOR—London Interbank Offered Rate* 

*MUNIPSA—Securities Industry and Financial Markets Association Municipal Swap Index Yield* 

*<sup>a</sup> These securities have a put feature; the date shown represents the put date and the bond holder can take a specific action to retain the bond after the put date.*

*<sup>b</sup> Variable rate security—interest rate resets periodically and rate shown is the interest rate in effect at period end. Security description also includes the reference rate and spread if published and available.*

*<sup>c</sup> Zero coupon until a specified date at which time the stated coupon rate becomes effective until maturity.*

*<sup>d</sup> Security exempt from registration pursuant to Rule 144A under the Securities Act of 1933. These securities may be resold in transactions exempt from registration, normally to qualified institutional buyers. At January 31, 2023, these securities were valued at $15,857,440 or 3.14% of net assets.*

*<sup>e</sup> The Variable Rate shall be determined by the Remarketing Agent in its sole discretion based on prevailing market conditions and may, but need not, be established by reference to one or more financial indices.*

*<sup>f</sup> These securities are prerefunded; the date shown represents the prerefunded date. Bonds which are prerefunded are collateralized by U.S. Government securities which are held in escrow and are used to pay principal and interest on the municipal issue and to retire the bonds in full at the earliest refunding date.*

*<sup>g</sup> Security purchased on a when-issued or delayed basis for which the fund has not taken delivery as of January 31, 2023.*

------

STATEMENT OF FINANCIAL FUTURES<br>BNY Mellon Opportunistic Municipal Securities Fund

January 31, 2023 (Unaudited)

The following is a summary of the inputs used as of January 31, 2023 in valuing the fund's investments:

---

| | | | | |
|:---|:---|:---|:---|:---|
| | Level 1-Unadjusted Quoted Prices | Level 2- Other Significant Observable Inputs | Level 3-Significant Unobservable Inputs | **Total** |
| **Assets ($)** | **Assets ($)** | **Assets ($)** | **Assets ($)** |  |
| Investments in Securities:<sup>†</sup> | Investments in Securities:<sup>†</sup> | Investments in Securities:<sup>†</sup> | Investments in Securities:<sup>†</sup> |  |
| Collateralized Municipal-Backed Securities | - | 957318 | - | **957318** |
| Municipal Securities | - | 493615771 | - | **493615771** |

---

*<sup>†</sup> See Statement of Investments for additional detailed categorizations, if any.*

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The Financial Accounting Standards Board ("FASB") Accounting Standards Codification ("ASC") is the exclusive reference of authoritative U.S. generally accepted accounting principles ("GAAP") recognized by the FASB to be applied by nongovernmental entities. Rules and interpretive releases of the SEC under authority of federal laws are also sources of authoritative GAAP for SEC registrants. The fund is an investment company and applies the accounting and reporting guidance of the FASB ASC Topic 946 Financial Services-Investment Companies. The fund's financial statements are prepared in accordance with GAAP, which may require the use of management estimates and assumptions. Actual results could differ from those estimates.

The fair value of a financial instrument is the amount that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date (i.e., the exit price). GAAP establishes a fair value hierarchy that prioritizes the inputs of valuation techniques used to measure fair value. This hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements).

Additionally, GAAP provides guidance on determining whether the volume and activity in a market has decreased significantly and whether such a decrease in activity results in transactions that are not orderly. GAAP requires enhanced disclosures around valuation inputs and techniques used during annual and interim periods.

Various inputs are used in determining the value of the fund's investments relating to fair value measurements. These inputs are summarized in the three broad levels listed below:

**Level 1**—unadjusted quoted prices in active markets for identical investments.

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

**Level 3**—significant unobservable inputs (including the fund's own assumptions in determining the fair value of investments).

The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

Changes in valuation techniques may result in transfers in or out of an assigned level within the disclosure hierarchy. Valuation techniques used to value the fund's investments are as follows:

The fund's Board of Trustees (the "Board") has designated the Adviser as the fund's valuation designee, effective September 8, 2022, to make all fair value determinations with respect to the fund's portfolio investments, subject to the Board's oversight and pursuant to Rule 2a-5 under the Act.

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Investments in municipal securities are valued each business day by an independent pricing service (the "Service") approved by the Board. Investments for which quoted bid prices are readily available and are representative of the bid side of the market in the judgment of the Service are valued at the mean between the quoted bid prices (as obtained by the Service from dealers in such securities) and asked prices (as calculated by the Service based upon its evaluation of the market for such securities). Municipal investments (which constitute a majority of the portfolio securities) are carried at fair value as determined by the Service, based on methods which include consideration of the following: yields or prices of municipal securities of comparable quality, coupon, maturity and type; indications as to values from dealers; and general market conditions. The Service is engaged under the general oversight of the Board. All of the preceding securities are generally categorized within Level 2 of the fair value hierarchy.

When market quotations or official closing prices are not readily available, or are determined not to accurately reflect fair value, such as when the value of a security has been significantly affected by events after the close of the exchange or market on which the security is principally traded, but before the fund calculates its net asset value, the fund may value these investments at fair value as determined in accordance with the procedures approved by the Board. Certain factors may be considered when fair valuing investments such as: fundamental analytical data, the nature and duration of restrictions on disposition, an evaluation of the forces that influence the market in which the securities are purchased and sold, and public trading in similar securities of the issuer or comparable issuers. These securities are either categorized within Level 2 or 3 of the fair value hierarchy depending on the relevant inputs used.

For securities where observable inputs are limited, assumptions about market activity and risk are used and such securities are generally categorized within Level 3 of the fair value hierarchy.

At January 31, 2023, accumulated net unrealized depreciation on investments was $9,212,308, consisting of $5,697,386 gross unrealized appreciation and $14,909,694 gross unrealized depreciation.

At January 31, 2023, the cost of investments for federal income tax purposes was substantially the same as the cost for financial reporting purposes (see the Statement of Investments).

Additional investment related disclosures are hereby incorporated by reference to the annual and semi-annual reports previously filed with the SEC on Form N-CSR.

------

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** BNY Mellon Opportunistic Municipal Securities Fund

- **b. Investment Company Act file number:** 811-04764

- **c. CIK number of Registrant:** 0000797923

- **d. LEI of Registrant:** 54930076T2E57T3RHK59

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

  - **Street Address 1:** 240 Greenwich Street

  - **City:** New York

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10286

  - **Telephone number:** 212 495 1784

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

- **a. Name of Series:** BNY Mellon Opportunistic Municipal Securities Fund

- **b. EDGAR series identifier (if any):** S000000090

- **c. LEI of Series:** 54930076T2E57T3RHK59

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

- **a. Date of fiscal year-end:** 2023-04-30

- **b. Date as of which information is reported:** 2023-01-31

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $515605707.85

**Total Liabilities:** $11337496.52

**Net Assets:** $504268211.33

**Delayed Delivery Securities:** $1135583.80

**Cash Not Reported:** $13803172.03

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -900.43127835 | **1-Year:** -17028.60652431 | **5-Year:** -62486.74260292 | **10-Year:** -117537.40327241 | **30-Year:** -37966.01527761

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

- **3-Month:** -143.05220952 | **1-Year:** -3052.43963947 | **5-Year:** -11901.06396748 | **10-Year:** -13400.51957804 | **30-Year:** -4358.63667294

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000000131 | 4.54%                | 0.06%                | 2.87%                |
| Class ID C000000133 | 4.46%                | -0.09%               | 2.88%                |
| Class ID C000001400 | 4.54%                | 0.06%                | 2.87%                |
| Class ID C000173299 | 4.56%                | 0.08%                | 2.89%                |
| Class ID C000173300 | 4.47%                | 0.07%                | 2.97%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-531.22                 | $19872305.57                               |
| Month 2  | $-895470.79              | $-40059.19                                 |
| Month 3  | $-7881.03                | $12890435.94                               |

**Designated Index Information**

- **Index Name:** 0

- **Index Identifier:** 0

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| MASSACHUSETTS ST DEV FIN AGY R | MASSACHUSETTS DEVELOPMENT FINANCE AGENCY                                     | CUSIP: 57584YQB8<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1317883.88   | 0.26%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MARICOPA CNTY AZ INDL DEV AUTH | MARICOPA COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY                             | CUSIP: 56682HCL1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1175000 | PA      | $1246409.45   | 0.25%             | 2041-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST DEV FIN AGY R | MASSACHUSETTS DEVELOPMENT FINANCE AGENCY                                     | CUSIP: 57584YQJ1<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $999924.30    | 0.20%             | 2044-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHICAGO IL WSTWTR TRANSMISSION | CITY OF CHICAGO IL WASTEWATER TRANSMISSION REVENUE                           | CUSIP: 167727ZJ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2490000 | PA      | $2543739.93   | 0.50%             | 2033-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PORT OF SEATTLE WA REVENUE     | PORT OF SEATTLE WA                                                           | CUSIP: 735389G77<br>LEI: 549300T9UCDUJ3GZL429 | Long             | DBT              | MUN               | US        |   2380000 | PA      | $2648382.37   | 0.53%             | 2029-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SAINT JOHN THE BAPTIST PARISH  | PARISH OF ST JOHN THE BAPTIST LA                                             | CUSIP: 79020FAY2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $943074.90    | 0.19%             | 2037-06-01      | Variable      | 2.20%                 | No            |                  2 | On Loan: No      |
| UNIV OF ALABAMA AT BIRMINGHAM  | UNIVERSITY OF ALABAMA AT BIRMINGHAM                                          | CUSIP: 914745EH3<br>LEI: 5493002DHWB7OKWT0415 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2086009.60   | 0.41%             | 2035-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ALLEGHENY CNTY PA HOSP DEV AUT | ALLEGHENY COUNTY HOSPITAL DEVELOPMENT AUTHORITY                              | CUSIP: 01728A4W3<br>LEI: 54930046B973R604OG22 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1282940.50   | 0.25%             | 2035-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| GARLAND TX ELEC UTILITY SYS RE | CITY OF GARLAND TX ELECTRIC UTILITY SYSTEM REVENUE                           | CUSIP: 366133NA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1612007.40   | 0.32%             | 2044-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| REGL TRANSPRTN AUTH IL         | REGIONAL TRANSPORTATION AUTHORITY                                            | CUSIP: 759911NG1<br>LEI: 549300FOIPI62F5YFO59 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1052952.40   | 0.21%             | 2025-06-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| ESCAMBIA CNTY FL SALES TAX REV | COUNTY OF ESCAMBIA FL SALES TAX REVENUE                                      | CUSIP: 296136FW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2171140.80   | 0.43%             | 2046-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NORTH CAROLINA ST MED CARE COM | NORTH CAROLINA MEDICAL CARE COMMISSION                                       | CUSIP: 65820YQH2<br>LEI: 549300FH6KOXGCHQYG81 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1011175.80   | 0.20%             | 2038-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MUNI ELEC AUTH OF GA           | MUNICIPAL ELECTRIC AUTHORITY OF GEORGIA                                      | CUSIP: 626207Y81<br>LEI: JA0WNILDDF2KUPS83B16 | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1177023.54   | 0.23%             | 2037-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST TRANSPRTN TRUST  | NEW JERSEY TRANSPORTATION TRUST FUND AUTHORITY                               | CUSIP: 6461365N7<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2087631.60   | 0.41%             | 2044-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GLENDALE AZ INDL DEV AUTH SENI | GLENDALE INDUSTRIAL DEVELOPMENT AUTHORITY                                    | CUSIP: 378287AW6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1526893.80   | 0.30%             | 2048-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PHILADELPHIA PA SCH DIST       | SCHOOL DISTRICT OF PHILADELPHIA/THE                                          | CUSIP: 717883WG3<br>LEI: 254900HSKDHZKBZCUL90 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3236714.10   | 0.64%             | 2044-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PALM BEACH CNTY FL HLTH FACS A | PALM BEACH COUNTY HEALTH FACILITIES AUTHORITY                                | CUSIP: 69651ABM5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3305000 | PA      | $3167512.66   | 0.63%             | 2049-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| LOWER COLORADO RIVER TX AUTH T | LOWER COLORADO RIVER AUTHORITY                                               | CUSIP: 54811BUA7<br>LEI: 549300QJFPW2NNBYR215 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $955133.80    | 0.19%             | 2049-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ALLENTOWN PA CITY SCH DIST     | ALLENTOWN CITY SCHOOL DISTRICT                                               | CUSIP: 018411UB2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1145232.20   | 0.23%             | 2030-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MAIN STREET NATURAL GAS INC GA | MAIN STREET NATURAL GAS INC                                                  | CUSIP: 56035DCR1<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   3750000 | PA      | $3773773.88   | 0.75%             | 2050-03-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST DORM AUTH REVENUES | NEW YORK STATE DORMITORY AUTHORITY                                           | CUSIP: 64990FNH3<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3143591.10   | 0.62%             | 2035-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NORTHERN IL UNIV REVENUES      | NORTHERN ILLINOIS UNIVERSITY                                                 | CUSIP: 665245YS9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1475000 | PA      | $1441435.79   | 0.29%             | 2040-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PROVIDENCE RI PUBLIC BLDGS AUT | PROVIDENCE PUBLIC BUILDING AUTHORITY                                         | CUSIP: 74381MCR4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1695000 | PA      | $1875354.95   | 0.37%             | 2037-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLORADO ST HLTH FACS AUTH REV | COLORADO HEALTH FACILITIES AUTHORITY                                         | CUSIP: 19648FLM4<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2088479.20   | 0.41%             | 2036-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST TRANSPRTN DEV CORP | NEW YORK TRANSPORTATION DEVELOPMENT CORP                                     | CUSIP: 650116AV8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2507363.50   | 0.50%             | 2050-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| SALES TAX SECURITIZATION CORP  | SALES TAX SECURITIZATION CORP                                                | CUSIP: 79467BCY9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1003190.00   | 0.20%             | 2038-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MET WASHINGTON DC ARPTS AUTH D | METROPOLITAN WASHINGTON AIRPORTS AUTHORITY DULLES TOLL ROAD REVENUE          | CUSIP: 592643DF4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2380329.75   | 0.47%             | 2049-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| LUZERNE CNTY PA INDL DEV AUTH  | LUZERNE COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY                              | CUSIP: 550728AF6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1630384.35   | 0.32%             | 2039-12-01      | Variable      | 2.45%                 | No            |                  2 | On Loan: No      |
| SALES TAX SECURITIZATION CORP  | SALES TAX SECURITIZATION CORP                                                | CUSIP: 79467BCZ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2350000 | PA      | $2344953.85   | 0.47%             | 2039-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MTGE CORP VA | FHLMC MULTIFAMILY VRD CERTIFICATES                                           | CUSIP: 31350ACG1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1180000 | PA      | $1081203.56   | 0.21%             | 2036-01-15      | Fixed         | 3.15%                 | Yes           |                  2 | On Loan: No      |
| LOWER AL GAS DIST GAS PROJ REV | LOWER ALABAMA GAS DISTRICT/THE                                               | CUSIP: 547804AM6<br>LEI: 549300YTI1NTDG2OVU42 | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1758387.93   | 0.35%             | 2050-12-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| COLORADO ST HLTH FACS AUTH REV | COLORADO HEALTH FACILITIES AUTHORITY                                         | CUSIP: 19648FKS2<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1302000.63   | 0.26%             | 2044-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TSASC INC NY                   | TSASC INC/NY                                                                 | CUSIP: 898526FQ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    815000 | PA      | $777001.52    | 0.15%             | 2045-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST FIN AUTH REVENUE   | ILLINOIS FINANCE AUTHORITY                                                   | CUSIP: 45204FAD7<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   3760000 | PA      | $3702722.79   | 0.73%             | 2050-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| VIRGINIA ST PUB BLDG AUTH PUBL | VIRGINIA PUBLIC BUILDING AUTHORITY                                           | CUSIP: 9281725T8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2614012.75   | 0.52%             | 2039-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| S E ALABAMA ST GAS SPLY DIST G | SOUTHEAST ALABAMA GAS SUPPLY DISTRICT/THE                                    | CUSIP: 84131TAQ5<br>LEI: 549300BL04JIB2GJZ178 | Long             | DBT              | MUN               | US        |   2240000 | PA      | $2245283.26   | 0.45%             | 2049-06-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| KANSAS CITY MO INDL DEV AUTH A | KANSAS CITY INDUSTRIAL DEVELOPMENT AUTHORITY                                 | CUSIP: 48504NAN9<br>LEI: 549300QWDXL46XQC8110 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1305158.63   | 0.26%             | 2044-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| JEA FL WTR & SWR REVENUE       | JEA WATER & SEWER SYSTEM REVENUE                                             | CUSIP: 46615SDN5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    800000 | PA      | $811933.20    | 0.16%             | 2040-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| KANSAS CITY MO INDL DEV AUTH A | KANSAS CITY INDUSTRIAL DEVELOPMENT AUTHORITY                                 | CUSIP: 48504NBE8<br>LEI: 549300QWDXL46XQC8110 | Long             | DBT              | MUN               | US        |   3060000 | PA      | $3161969.91   | 0.63%             | 2054-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHICAGO IL BRD OF EDU          | CHICAGO BOARD OF EDUCATION                                                   | CUSIP: 167510AU0<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1012995.80   | 0.20%             | 2042-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| JEA FL ELEC SYS REVENUE        | JEA ELECTRIC SYSTEM REVENUE                                                  | CUSIP: 46613SQM5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1850000 | PA      | $1893030.82   | 0.38%             | 2038-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BUCKEYE OH TOBACCO SETTLEMENT  | BUCKEYE TOBACCO SETTLEMENT FINANCING AUTHORITY                               | CUSIP: 118217CX4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3221995.35   | 0.64%             | 2048-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST FIN AUTH REVENUE   | ILLINOIS FINANCE AUTHORITY                                                   | CUSIP: 45204FBU8<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    270000 | PA      | $272007.29    | 0.05%             | 2027-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GTR ORLANDO FL AVIATION AUTH A | GREATER ORLANDO AVIATION AUTHORITY                                           | CUSIP: 3922742F2<br>LEI: 549300CP6PUG5S184F61 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1467931.65   | 0.29%             | 2044-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| JACKSONVILLE FL HLTH CARE FACS | CITY OF JACKSONVILLE FL                                                      | CUSIP: 469400EL5<br>LEI: 549300XQE0JVN9WV0J40 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1437392.25   | 0.29%             | 2045-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA CNTY CA TOBACCO SEC | CALIFORNIA COUNTY TOBACCO SECURITIZATION AGENCY                              | CUSIP: 13016NEY6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $390683.88    | 0.08%             | 2040-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| GEISINGER PA AUTH HLTH SYS REV | GEISINGER AUTHORITY                                                          | CUSIP: 368497JX2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1350000 | PA      | $1445429.34   | 0.29%             | 2043-04-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| SALT LAKE CITY UT ARPT REVENUE | CITY OF SALT LAKE CITY UT AIRPORT REVENUE                                    | CUSIP: 795576FT9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3210230.10   | 0.64%             | 2034-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CORPUS CHRISTI TX UTILITY SYSR | CITY OF CORPUS CHRISTI TX UTILITY SYSTEM REVENUE                             | CUSIP: 220245H98<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1047947.70   | 0.21%             | 2035-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MET TRANSPRTN AUTH NY REVENUE  | METROPOLITAN TRANSPORTATION AUTHORITY                                        | CUSIP: 59261AG43<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3077107.20   | 0.61%             | 2050-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLLIN CNTY TX CMNTY CLG DIST  | COLLIN COUNTY COMMUNITY COLLEGE DISTRICT                                     | CUSIP: 194741HP2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1068273.30   | 0.21%             | 2034-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| COOK CNTY IL SALES TAX REVENUE | COUNTY OF COOK IL SALES TAX REVENUE                                          | CUSIP: 213248BF3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2685752.00   | 0.53%             | 2035-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST HSG DEV AUTH SF MT | MICHIGAN STATE HOUSING DEVELOPMENT AUTHORITY                                 | CUSIP: 594654JK2<br>LEI: 549300NSWW1HVXE93T03 | Long             | DBT              | MUN               | US        |   1605000 | PA      | $1607369.14   | 0.32%             | 2050-12-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| RAILSPLITTER IL TOBACCO SETTLE | RAILSPLITTER TOBACCO SETTLEMENT AUTHORITY                                    | CUSIP: 75076PAY1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2320000 | PA      | $2503680.66   | 0.50%             | 2026-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MET WASHINGTON DC ARPTS AUTH A | METROPOLITAN WASHINGTON AIRPORTS AUTHORITY AVIATION REVENUE                  | CUSIP: 592647EM9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1597585.20   | 0.32%             | 2035-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST DEV FIN AGY R | MASSACHUSETTS DEVELOPMENT FINANCE AGENCY                                     | CUSIP: 57584XL66<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1887673.20   | 0.37%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST FIN AUTH REVENUE   | ILLINOIS FINANCE AUTHORITY                                                   | CUSIP: 45203HP55<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3113805.30   | 0.62%             | 2033-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LA PAZ CNTY AZ INDL DEV AUTH E | LA PAZ COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY                               | CUSIP: 50376FAD9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2014598.40   | 0.40%             | 2046-02-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| GREAT LAKES MI WTR AUTH WTR SP | GREAT LAKES WATER AUTHORITY WATER SUPPLY SYSTEM REVENUE                      | CUSIP: 39081JAB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3121136.10   | 0.62%             | 2046-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST FIN AUTH REVENUE   | MICHIGAN FINANCE AUTHORITY                                                   | CUSIP: 59447PD32<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2050585.60   | 0.41%             | 2037-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHICAGO IL PARK DIST           | CHICAGO PARK DISTRICT                                                        | CUSIP: 167615TY9<br>LEI: 549300DNSTZGBZLIU409 | Long             | DBT              | MUN               | US        |   2030000 | PA      | $2065062.57   | 0.41%             | 2027-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KENTUCKY ST ECON DEV FIN AUTH  | KENTUCKY ECONOMIC DEVELOPMENT FINANCE AUTHORITY                              | CUSIP: 49127KBV1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2062233.20   | 0.41%             | 2045-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DELAWARE VLY PA REGL FIN AUTH  | DELAWARE VALLEY REGIONAL FINANCE AUTHORITY                                   | CUSIP: 246579LA2<br>LEI: 549300HGYP3NW885TT18 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2997620.70   | 0.59%             | 2048-09-01      | Variable      | 2.19%                 | No            |                  2 | On Loan: No      |
| TOBACCO SETTLEMENT FING CORP N | TOBACCO SETTLEMENT FINANCING CORP                                            | CUSIP: 888808HM7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2116428.00   | 0.42%             | 2036-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLORADO ST HLTH FACS AUTH REV | COLORADO HEALTH FACILITIES AUTHORITY                                         | CUSIP: 19648A7H2<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2578082.00   | 0.51%             | 2041-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LOVE FIELD TX ARPT MODERNIZATI | LOVE FIELD AIRPORT MODERNIZATION CORP                                        | CUSIP: 54714CAS6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3643087.35   | 0.72%             | 2034-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KENTUCKY ST PUBLIC ENERGY AUTH | KENTUCKY PUBLIC ENERGY AUTHORITY                                             | CUSIP: 74440DAR5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1010000 | PA      | $1012260.38   | 0.20%             | 2048-04-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST TURNPIKE COMMI | PENNSYLVANIA TURNPIKE COMMISSION OIL FRANCHISE TAX REVENUE                   | CUSIP: 709221VL6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4270818.40   | 0.85%             | 2048-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| PUBLIC PWR GENERATION AGY NE R | PUBLIC POWER GENERATION AGENCY                                               | CUSIP: 744434EJ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2115840.20   | 0.42%             | 2037-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DENVER CITY & CNTY CO ARPT REV | CITY & COUNTY OF DENVER CO AIRPORT SYSTEM REVENUE                            | CUSIP: 249182HG4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3065000 | PA      | $3127193.45   | 0.62%             | 2027-11-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| TOBACCO SETTLEMENT FING CORP N | TOBACCO SETTLEMENT FINANCING CORP                                            | CUSIP: 888808HR6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    620000 | PA      | $648055.25    | 0.13%             | 2046-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST FIN AUTH REVENUE   | MICHIGAN FINANCE AUTHORITY                                                   | CUSIP: 59447PZN4<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2579365.50   | 0.51%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TOBACCO SETTLEMENT FING CORP N | TOBACCO SETTLEMENT FINANCING CORP                                            | CUSIP: 888808HQ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3880000 | PA      | $4006046.46   | 0.79%             | 2046-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MIAMI BEACH FL STORMWTR REVENU | CITY OF MIAMI BEACH FL STORMWATER REVENUE                                    | CUSIP: 59324PEC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2501299.75   | 0.50%             | 2047-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MISSOURI ST HLTH & EDUCTNL FAC | HEALTH & EDUCATIONAL FACILITIES AUTHORITY OF THE STATE OF MISSOURI           | CUSIP: 60637AHP0<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2104125.80   | 0.42%             | 2029-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CMWLTH FING AUTH PA TOBACCO MA | COMMONWEALTH FINANCING AUTHORITY                                             | CUSIP: 20282EAL0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2225736.60   | 0.44%             | 2030-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BROWARD CNTY FL ARPT SYS REVEN | COUNTY OF BROWARD FL AIRPORT SYSTEM REVENUE                                  | CUSIP: 114894XS2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1560000 | PA      | $1645697.35   | 0.33%             | 2037-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST HLTH CARE FACS F | NEW JERSEY HEALTH CARE FACILITIES FINANCING AUTHORITY                        | CUSIP: 645790LN4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1600000 | PA      | $1683970.72   | 0.33%             | 2037-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MONTGOMERY CNTY PA INDL DEV AU | MONTGOMERY COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY/PA                        | CUSIP: 61360PCK4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3547898.20   | 0.70%             | 2036-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST LIBERTY DEV CORP L | NEW YORK LIBERTY DEVELOPMENT CORP                                            | CUSIP: 531127AC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1152712.20   | 0.23%             | 2035-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WI REVENUE     | PUBLIC FINANCE AUTHORITY                                                     | CUSIP: 74442CBS2<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2048707.00   | 0.41%             | 2040-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW ORLEANS LA AVIATION BRD GU | NEW ORLEANS AVIATION BOARD                                                   | CUSIP: 64763HFK6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2175000 | PA      | $2207927.11   | 0.44%             | 2040-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHICAGO IL O'HARE INTERNATIONA | CHICAGO O'HARE INTERNATIONAL AIRPORT                                         | CUSIP: 167593QQ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2100000 | PA      | $2168803.77   | 0.43%             | 2034-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| N TX TOLLWAY AUTH REVENUE      | NORTH TEXAS TOLLWAY AUTHORITY                                                | CUSIP: 66285WSR8<br>LEI: PQGZGRE0F2WPMYQQ1B78 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4192079.20   | 0.83%             | 2039-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CLIFTON TX HGR EDU FIN CORP ED | CLIFTON HIGHER EDUCATION FINANCE CORP                                        | CUSIP: 187145CX3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3825000 | PA      | $3963226.32   | 0.79%             | 2031-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST LIBERTY DEV CORP L | NEW YORK LIBERTY DEVELOPMENT CORP                                            | CUSIP: 649519DA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2496518.75   | 0.50%             | 2044-11-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| LOWER COLORADO RIVER TX AUTH T | LOWER COLORADO RIVER AUTHORITY                                               | CUSIP: 54811GMA5<br>LEI: 549300QJFPW2NNBYR215 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3012516.30   | 0.60%             | 2039-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST FIN AUTH REVENUE   | ILLINOIS FINANCE AUTHORITY                                                   | CUSIP: 45203HTC6<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2529911.25   | 0.50%             | 2043-07-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| PRIV CLGS & UNIVS AUTH GA      | PRIVATE COLLEGES & UNIVERSITIES AUTHORITY                                    | CUSIP: 74265LA57<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1700000 | PA      | $1716157.31   | 0.34%             | 2043-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST ECON DEV AUTH RE | NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY                                    | CUSIP: 64577BKL7<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1060482.90   | 0.21%             | 2027-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| N NATOMAS CA CMNTY FACS DIST S | CITY OF SACRAMENTO CA NORTH NATOMAS COMMUNITY FACILITIES DISTRICT NO 4       | CUSIP: 661253CF9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1516043.70   | 0.30%             | 2030-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| JEFFERSON CNTY AL              | COUNTY OF JEFFERSON AL                                                       | CUSIP: 472628RB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1093121.70   | 0.22%             | 2032-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MUNI ELEC AUTH OF GA           | MUNICIPAL ELECTRIC AUTHORITY OF GEORGIA                                      | CUSIP: 626207Q49<br>LEI: JA0WNILDDF2KUPS83B16 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2680064.25   | 0.53%             | 2028-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHICAGO IL WTRWKS REVENUE      | CITY OF CHICAGO IL WATERWORKS REVENUE                                        | CUSIP: 167736B48<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1925000 | PA      | $1983231.44   | 0.39%             | 2025-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LOUISIANA PUB FACS AUTH REVENU | LOUISIANA PUBLIC FACILITIES AUTHORITY                                        | CUSIP: 546395N75<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1535938.05   | 0.30%             | 2047-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SAN FRANCISCO CALIF CITY &CNTY | SAN FRANCISCO CITY & COUNTY AIRPORT COMM-SAN FRANCISCO INTERNATIONAL AIRPORT | CUSIP: 79766DGE3<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1550358.75   | 0.31%             | 2041-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PHOENIX AZ INDL DEV AUTH HLTHC | INDUSTRIAL DEVELOPMENT AUTHORITY OF THE CITY OF PHOENIX ARIZONA/THE          | CUSIP: 71885FEB9<br>LEI: 549300A62PWFBDWB8332 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $952255.00    | 0.19%             | 2046-07-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| PHILADELPHIA PA SCH DIST       | SCHOOL DISTRICT OF PHILADELPHIA/THE                                          | CUSIP: 717883VF6<br>LEI: 254900HSKDHZKBZCUL90 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1081399.60   | 0.21%             | 2038-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OHIO ST HOSP REVENUE           | STATE OF OHIO                                                                | CUSIP: 677524BX7<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |   1430000 | PA      | $1569459.46   | 0.31%             | 2037-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHICAGO IL BRD OF EDU          | CHICAGO BOARD OF EDUCATION                                                   | CUSIP: 167505UJ3<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1071107.70   | 0.21%             | 2033-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MIAMI BEACH FL REDEV AGY       | MIAMI BEACH REDEVELOPMENT AGENCY                                             | CUSIP: 593237FM7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1019510.50   | 0.20%             | 2033-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MET WASHINGTON DC ARPTS AUTH A | METROPOLITAN WASHINGTON AIRPORTS AUTHORITY AVIATION REVENUE                  | CUSIP: 592647DD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1051965.00   | 0.21%             | 2035-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST FIN AUTH REVENUE   | ILLINOIS FINANCE AUTHORITY                                                   | CUSIP: 45203H5F5<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1009009.80   | 0.20%             | 2045-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CUYAHOGA CNTY OH HOSP REVENUE  | COUNTY OF CUYAHOGA OH                                                        | CUSIP: 2322655S3<br>LEI: 549300GHDK9DGLUNJU89 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1010252.80   | 0.20%             | 2047-02-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| TOBACCO SETTLEMENT FING CORP L | TOBACCO SETTLEMENT FINANCING CORP/LA                                         | CUSIP: 88880PCN2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1509041.10   | 0.30%             | 2035-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| LUBBOCK TX ELEC LIGHT & PWR SY | CITY OF LUBBOCK TX ELECTRIC LIGHT & POWER SYSTEM REVENUE                     | CUSIP: 549203WQ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2475000 | PA      | $2664956.99   | 0.53%             | 2048-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WINCHESTER VA ECON DEV AUTH HO | WINCHESTER ECONOMIC DEVELOPMENT AUTHORITY                                    | CUSIP: 973121BR6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1560000 | PA      | $1636223.47   | 0.32%             | 2035-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST EDUCTNL FACS AUT | NEW JERSEY EDUCATIONAL FACILITIES AUTHORITY                                  | CUSIP: 646066UZ1<br>LEI: 549300UTOO4X537XXG70 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1023643.80   | 0.20%             | 2041-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST MUNI ELEC AGY PWR  | ILLINOIS MUNICIPAL ELECTRIC AGENCY                                           | CUSIP: 452024JA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1574832.60   | 0.31%             | 2032-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TENNESSEE ST ENERGY ACQUISITIO | TENNESSEE ENERGY ACQUISITION CORP                                            | CUSIP: 880443JE7<br>LEI: 549300OJ2Z8PGEY46K92 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1005040.20   | 0.20%             | 2049-11-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| KAREGNONDI WTR AUTH MI         | KAREGNONDI WATER AUTHORITY                                                   | CUSIP: 48563UBZ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1049513.50   | 0.21%             | 2041-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WAYNE CNTY MI ARPT AUTH REVENU | WAYNE COUNTY AIRPORT AUTHORITY                                               | CUSIP: 944514SX7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1035704.50   | 0.21%             | 2045-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BLACK BELT ENERGY GAS DIST AL  | BLACK BELT ENERGY GAS DISTRICT                                               | CUSIP: 09182RAG6<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   1405000 | PA      | $1405296.74   | 0.28%             | 2048-12-01      | Variable      | 3.84%                 | No            |                  2 | On Loan: No      |
| BIRMINGHAM JEFFERSON AL CIVIC  | BIRMINGHAM-JEFFERSON CIVIC CENTER AUTHORITY                                  | CUSIP: 091156NG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2646289.25   | 0.52%             | 2043-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KANSAS ST DEV FIN AUTH REVENUE | KANSAS DEVELOPMENT FINANCE AUTHORITY                                         | CUSIP: 48542RCC6<br>LEI: 549300WTL7BL8KBDPR87 | Long             | DBT              | MUN               | US        |    250000 | PA      | $235617.28    | 0.05%             | 2025-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| JEFFERSON CNTY AL SWR REVENUE  | COUNTY OF JEFFERSON AL SEWER REVENUE                                         | CUSIP: 472682QZ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7835000 | PA      | $8064440.14   | 1.60%             | 2042-10-01      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| DENVER CITY & CNTY CO ARPT REV | CITY & COUNTY OF DENVER CO AIRPORT SYSTEM REVENUE                            | CUSIP: 249182LW4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3113700.30   | 0.62%             | 2048-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| RENO NV SALES TAX REVENUE      | CITY OF RENO NV                                                              | CUSIP: 759861DS3<br>LEI: 549300M4R5WWSUWY8D52 | Long             | DBT              | MUN               | US        |   1070000 | PA      | $1122945.21   | 0.22%             | 2048-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW ORLEANS LA AVIATION BRD GU | NEW ORLEANS AVIATION BOARD                                                   | CUSIP: 64763KAJ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1306412.50   | 0.26%             | 2048-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST TURNPIKE COMMI | PENNSYLVANIA TURNPIKE COMMISSION                                             | CUSIP: 709224QE2<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |   3250000 | PA      | $3460996.83   | 0.69%             | 2036-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW ORLEANS LA AVIATION BRD GU | NEW ORLEANS AVIATION BOARD                                                   | CUSIP: 64763XAW0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1135000 | PA      | $1234220.11   | 0.24%             | 2036-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MISSION TX ECON DEV CORP REVEN | MISSION ECONOMIC DEVELOPMENT CORP                                            | CUSIP: 605156AC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2800000 | PA      | $2786998.20   | 0.55%             | 2031-10-01      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| WASHINGTON ST CONVENTION CENTE | WASHINGTON STATE CONVENTION CENTER PUBLIC FACILITIES DISTRICT                | CUSIP: 93976ABJ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2450000 | PA      | $2469609.56   | 0.49%             | 2058-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KENTUCKY ST PUBLIC ENERGY AUTH | KENTUCKY PUBLIC ENERGY AUTHORITY                                             | CUSIP: 74440DBD5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4000382.00   | 0.79%             | 2049-01-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| LANSING MICH BRD WTR & LT UTIL | LANSING BOARD OF WATER & LIGHT                                               | CUSIP: 516391DV8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2401067.00   | 0.48%             | 2051-07-01      | Variable      | 2.00%                 | No            |                  2 | On Loan: No      |
| CLIFTON TX HGR EDU FIN CORP ED | CLIFTON HIGHER EDUCATION FINANCE CORP                                        | CUSIP: 187145JR9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4500000 | PA      | $4610551.95   | 0.91%             | 2033-08-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST SALES TAX REVENUE  | STATE OF ILLINOIS SALES TAX REVENUE                                          | CUSIP: 452227NC1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2198913.00   | 0.44%             | 2030-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLORADO ST HLTH FACS AUTH REV | COLORADO HEALTH FACILITIES AUTHORITY                                         | CUSIP: 19648FGS7<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   3280000 | PA      | $3333896.63   | 0.66%             | 2043-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST STRATEGIC FUND LTD | MICHIGAN STRATEGIC FUND                                                      | CUSIP: 594698QP0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3900000 | PA      | $4160503.23   | 0.83%             | 2033-06-30      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TRIBOROUGH NY BRIDGE & TUNNEL  | TRIBOROUGH BRIDGE & TUNNEL AUTHORITY                                         | CUSIP: 89602RCL7<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1606193.55   | 0.32%             | 2042-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHICAGO IL BRD OF EDU          | CHICAGO BOARD OF EDUCATION                                                   | CUSIP: 167505VW3<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1615777.65   | 0.32%             | 2030-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PEFA INC IA GAS PROJ REVENUE   | PEFA INC                                                                     | CUSIP: 70556CAB0<br>LEI: 549300RSE249DJNRHY07 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2076641.20   | 0.41%             | 2049-09-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| REGL CO TRANSPRTN DIST PRIV AC | REGIONAL TRANSPORTATION DISTRICT                                             | CUSIP: 759151BJ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    950000 | PA      | $1056970.57   | 0.21%             | 2031-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST MTGE AGY HOMEOWNER | STATE OF NEW YORK MORTGAGE AGENCY                                            | CUSIP: 64988YJJ7<br>LEI: 549300ZQWNLLIG564027 | Long             | DBT              | MUN               | US        |   1180000 | PA      | $1248878.02   | 0.25%             | 2026-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST HLTH FACS FING A | CALIFORNIA HEALTH FACILITIES FINANCING AUTHORITY                             | CUSIP: 13032UXH6<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |   1480000 | PA      | $1529417.05   | 0.30%             | 2046-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK CITY NY INDL DEV AGY  | NEW YORK CITY INDUSTRIAL DEVELOPMENT AGENCY                                  | CUSIP: 64971PKU8<br>LEI: 549300XR20ZR5DHL9534 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1066843.10   | 0.21%             | 2026-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MARICOPA CNTY AZ INDL DEV AUTH | MARICOPA COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY                             | CUSIP: 56681NCV7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2750000 | PA      | $2943401.73   | 0.58%             | 2038-07-01      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| BLACK BELT ENERGY GAS DIST AL  | BLACK BELT ENERGY GAS DISTRICT                                               | CUSIP: 09182RAR2<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1254489.25   | 0.25%             | 2049-12-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| PHILADELPHIA PA REDEV AUTH     | REDEVELOPMENT AUTHORITY OF THE CITY OF PHILADELPHIA                          | CUSIP: 717868FJ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1537048.20   | 0.30%             | 2024-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FLORIDA ST MUNI PWR AGY        | FLORIDA MUNICIPAL POWER AGENCY                                               | CUSIP: 342816R80<br>LEI: 549300M3I10QJUPNU131 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $991842.80    | 0.20%             | 2032-10-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK CITY NY HLTH & HOSP C | NEW YORK CITY HEALTH AND HOSPITALS CORP                                      | CUSIP: 649674KS6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1132640.30   | 0.22%             | 2028-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST DORM AUTH REVENUES | NEW YORK STATE DORMITORY AUTHORITY                                           | CUSIP: 64990FJE5<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2227665.80   | 0.44%             | 2037-03-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST HSG DEV AUTH MF HS | ILLINOIS HOUSING DEVELOPMENT AUTHORITY                                       | CUSIP: 45201Y8H3<br>LEI: 54930053Z6M9JVHBQZ16 | Long             | DBT              | MUN               | US        |   1900000 | PA      | $1872963.38   | 0.37%             | 2051-04-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| COOK CNTY IL SALES TAX REVENUE | COUNTY OF COOK IL SALES TAX REVENUE                                          | CUSIP: 213248CE5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1650000 | PA      | $1906937.01   | 0.38%             | 2030-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MET GOVT NASHVILLE & DAVIDSON  | METROPOLITAN GOVERNMENT OF NASHVILLE & DAVIDSON COUNTY TN                    | CUSIP: 592112UX2<br>LEI: 549300GW8FVQJ3DU6O10 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1109064.70   | 0.22%             | 2032-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST TURNPIKE AUTH TU | NEW JERSEY TURNPIKE AUTHORITY                                                | CUSIP: 646140DH3<br>LEI: 5493005YN67D71KSMI84 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1083054.50   | 0.21%             | 2028-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| VIRGINIA ST PUB BLDG AUTH PUBL | VIRGINIA PUBLIC BUILDING AUTHORITY                                           | CUSIP: 9281728B4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3257117.70   | 0.65%             | 2035-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| TOBACCO SETTLEMENT AUTH IA TOB | IOWA TOBACCO SETTLEMENT AUTHORITY                                            | CUSIP: 888805CH9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1420000 | PA      | $1420935.35   | 0.28%             | 2049-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| COOK CNTY IL                   | COUNTY OF COOK IL                                                            | CUSIP: 213185LS8<br>LEI: 5493004UMR7OX4YITE10 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2128244.40   | 0.42%             | 2025-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST MUNI FIN AUTH RE | CALIFORNIA MUNICIPAL FINANCE AUTHORITY                                       | CUSIP: 13049YEY3<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    450000 | PA      | $488359.53    | 0.10%             | 2027-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHARLOTTE-MECKLENBURG NC HOSP  | CHARLOTTE-MECKLENBURG HOSPITAL AUTHORITY/THE                                 | CUSIP: 160853VE4<br>LEI: 549300XOH4JU704GMZ32 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1701504.00   | 0.34%             | 2050-01-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST HGR EDU ASSISTAN | NEW JERSEY HIGHER EDUCATION STUDENT ASSISTANCE AUTHORITY                     | CUSIP: 646080VR9<br>LEI: 5493007OOYUHTF8GSL63 | Long             | DBT              | MUN               | US        |    570000 | PA      | $589616.84    | 0.12%             | 2024-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WASHINGTON ST HSG FIN COMMISSI | WASHINGTON STATE HOUSING FINANCE COMMISSION                                  | CUSIP: 93978TS59<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |    975930 | PA      | $920424.61    | 0.18%             | 2035-12-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST UNIV REVENUE     | CALIFORNIA STATE UNIVERSITY                                                  | CUSIP: 13077C4K7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $893024.20    | 0.18%             | 2049-11-01      | Variable      | 0.55%                 | No            |                  2 | On Loan: No      |
| CHARLOTTE-MECKLENBURG NC HOSP  | CHARLOTTE-MECKLENBURG HOSPITAL AUTHORITY/THE                                 | CUSIP: 160853VF1<br>LEI: 549300XOH4JU704GMZ32 | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3652529.65   | 0.72%             | 2050-01-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW MEXICO ST MTGE FIN AUTH    | NEW MEXICO MORTGAGE FINANCE AUTHORITY                                        | CUSIP: 647201PD8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2645000 | PA      | $2602975.71   | 0.52%             | 2052-01-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| INDIANA ST FIN AUTH ENVRNMNTL  | INDIANA FINANCE AUTHORITY                                                    | CUSIP: 45505MJS6<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   2980000 | PA      | $3101738.96   | 0.62%             | 2036-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| WESTCHESTER CNTY NY LOCAL DEV  | WESTCHESTER COUNTY LOCAL DEVELOPMENT CORP                                    | CUSIP: 95737TET9<br>LEI: 549300KOSU8OC75V9238 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $812557.70    | 0.16%             | 2046-07-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| CALIFORNIA HOUSING FINANCE AGE | CALIFORNIA HOUSING FINANCE AGENCY                                            | CUSIP: 13033DAE5<br>LEI: 549300BOPCVLBA552Z14 | Long             | DBT              | MUN               | US        |   1459702 | PA      | $1415385.01   | 0.28%             | 2035-11-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| NEW YORK CITY NY HSG DEV CORP  | NEW YORK CITY HOUSING DEVELOPMENT CORP                                       | CUSIP: 64972EYZ6<br>LEI: 549300SQWVHKBRF8D702 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $934869.20    | 0.19%             | 2061-05-01      | Variable      | 0.60%                 | No            |                  2 | On Loan: No      |
| NEW YORK NY                    | CITY OF NEW YORK NY                                                          | CUSIP: 64966QVV9<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |    200000 | PA      | $196817.06    | 0.04%             | 2047-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PIEDMONT SC MUNI PWR AGY ELEC  | PIEDMONT MUNICIPAL POWER AGENCY                                              | CUSIP: 720175ZD3<br>LEI: 549300C7VOBGIG4OD375 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1123231.90   | 0.22%             | 2029-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TENNERGY CORP TN GAS REVENUE   | TENNERGY CORP/TN                                                             | CUSIP: 880397BW3<br>LEI: 5493008K3JJFBSC4C235 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2005576.40   | 0.40%             | 2051-12-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| PHILADELPHIA PA SCH DIST       | SCHOOL DISTRICT OF PHILADELPHIA/THE                                          | CUSIP: 717883YL0<br>LEI: 254900HSKDHZKBZCUL90 | Long             | DBT              | MUN               | US        |   1420000 | PA      | $1473160.26   | 0.29%             | 2036-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| UNIV OF NORTH DAKOTA COPS      | UNIVERSITY OF NORTH DAKOTA                                                   | CUSIP: 914724CQ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1470000 | PA      | $1438701.35   | 0.29%             | 2046-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST TURNPIKE COMMI | PENNSYLVANIA TURNPIKE COMMISSION OIL FRANCHISE TAX REVENUE                   | CUSIP: 709221VY8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3268155.30   | 0.65%             | 2046-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST DORM AUTH REVENUES | NEW YORK STATE DORMITORY AUTHORITY                                           | CUSIP: 64990FK86<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1430429.84   | 0.28%             | 2038-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PIEDMONT SC MUNI PWR AGY ELEC  | PIEDMONT MUNICIPAL POWER AGENCY                                              | CUSIP: 720175A24<br>LEI: 549300C7VOBGIG4OD375 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3163869.60   | 0.63%             | 2033-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NEW MEXICO ST EDUCTNL ASSISTAN | NEW MEXICO EDUCATIONAL ASSISTANCE FOUNDATION                                 | CUSIP: 647110FP5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2080000 | PA      | $2187603.60   | 0.43%             | 2025-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHICAGO IL MET WTR RECLAMATION | METROPOLITAN WATER RECLAMATION DISTRICT OF GREATER CHICAGO                   | CUSIP: 167560VY4<br>LEI: 254900GOGQEZEWCZ4D37 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1216232.70   | 0.24%             | 2031-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ARIZONA INDUSTRIAL DEVELOPMENT | ARIZONA INDUSTRIAL DEVELOPMENT AUTHORITY                                     | CUSIP: 04052FCN3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3065000 | PA      | $3020292.07   | 0.60%             | 2038-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| VIRGINIA ST SMALL BUSINESS FIN | VIRGINIA SMALL BUSINESS FINANCING AUTHORITY                                  | CUSIP: 928104QJ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1559889.15   | 0.31%             | 2047-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MARYLAND ST ECON DEV CORP PRIV | MARYLAND ECONOMIC DEVELOPMENT CORP                                           | CUSIP: 57422JBZ0<br>LEI: 549300JJ16DDBSZWSN94 | Long             | DBT              | MUN               | US        |   1590000 | PA      | $1636175.51   | 0.32%             | 2052-06-30      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST TRANSPRTN DEV CORP | NEW YORK TRANSPORTATION DEVELOPMENT CORP                                     | CUSIP: 650116FQ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2077517.20   | 0.41%             | 2040-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SAN DIEGO CNTY CA REGL ARPT AU | SAN DIEGO COUNTY REGIONAL AIRPORT AUTHORITY                                  | CUSIP: 79739GNV4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1683364.03   | 0.33%             | 2046-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| IOWA ST FIN AUTH MIDWSTRN DISA | IOWA FINANCE AUTHORITY                                                       | CUSIP: 46246SAU9<br>LEI: 549300NQVL49BTHOW391 | Long             | DBT              | MUN               | US        |   2730000 | PA      | $2748793.59   | 0.55%             | 2050-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SOUTH CAROLINA ST PUBLIC SVC A | SOUTH CAROLINA PUBLIC SERVICE AUTHORITY                                      | CUSIP: 837151A25<br>LEI: EMBXY64GWKA9MZGFUD26 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1861865.60   | 0.37%             | 2055-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST MUNI FIN AUTH RE | CALIFORNIA MUNICIPAL FINANCE AUTHORITY                                       | CUSIP: 13048VLB2<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2608516.75   | 0.52%             | 2044-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TRIBOROUGH NY BRIDGE & TUNNEL  | TRIBOROUGH BRIDGE & TUNNEL AUTHORITY                                         | CUSIP: 89602HDR5<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5616143.50   | 1.11%             | 2052-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST FIN AUTH REVENUE   | MICHIGAN FINANCE AUTHORITY                                                   | CUSIP: 59447TUJ0<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   1665000 | PA      | $1587447.80   | 0.31%             | 2050-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| TOBACCO SETTLEMENT AUTH IA TOB | IOWA TOBACCO SETTLEMENT AUTHORITY                                            | CUSIP: 888805CF3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1826352.80   | 0.36%             | 2049-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ATLANTA GA WTR & WSTWTR ENVRNM | CITY OF ATLANTA GA WATER & WASTEWATER REVENUE                                | CUSIP: 047870PU8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1077845.60   | 0.21%             | 2041-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST FIN AUTH REVENUE   | MICHIGAN FINANCE AUTHORITY                                                   | CUSIP: 59447T3V3<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   2425000 | PA      | $2372605.69   | 0.47%             | 2042-04-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST                  | STATE OF CALIFORNIA                                                          | CUSIP: 13063DQ68<br>LEI: 549300X618YEC5LGBQ98 | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1616262.76   | 0.32%             | 2042-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST EDUCTNL FING  | MASSACHUSETTS EDUCATIONAL FINANCING AUTHORITY                                | CUSIP: 57563RSY6<br>LEI: 5493007K5OP7V6CL0Y88 | Long             | DBT              | MUN               | US        |   2350000 | PA      | $2537898.48   | 0.50%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| INDIANA ST FIN AUTH ENVRNMNTL  | INDIANA FINANCE AUTHORITY                                                    | CUSIP: 45505MMH6<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   1350000 | PA      | $1607979.87   | 0.32%             | 2035-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WI REVENUE     | PUBLIC FINANCE AUTHORITY                                                     | CUSIP: 74447GAB6<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1595511.45   | 0.32%             | 2052-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SOUTH CAROLINA ST PUBLIC SVC A | SOUTH CAROLINA PUBLIC SERVICE AUTHORITY                                      | CUSIP: 837151E88<br>LEI: EMBXY64GWKA9MZGFUD26 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5034078.00   | 1.00%             | 2043-12-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA HIGHER EDUCATION  | PENNSYLVANIA HIGHER EDUCATION ASSISTANCE AGENCY                              | CUSIP: 70878CAR6<br>LEI: 549300FL3Q9HXUHYPN23 | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1527701.84   | 0.30%             | 2029-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GEORGETOWN TX UTILITY SYS REVE | CITY OF GEORGETOWN TX UTILITY SYSTEM REVENUE                                 | CUSIP: 373064Q56<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3321184.80   | 0.66%             | 2052-08-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| COLORADO ST HLTH FACS AUTH REV | COLORADO HEALTH FACILITIES AUTHORITY                                         | CUSIP: 19648FVJ0<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1962238.80   | 0.39%             | 2052-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| IOWA ST STUDENT LOAN LIQUIDITY | IOWA STUDENT LOAN LIQUIDITY CORP                                             | CUSIP: 462590NJ5<br>LEI: 549300FO1LWVSZKGJK70 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1698627.75   | 0.34%             | 2030-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ARGYLE TX INDEP SCH DIST       | ARGYLE INDEPENDENT SCHOOL DISTRICT                                           | CUSIP: 040319N35<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1312073.73   | 0.26%             | 2035-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CLARK CNTY NV SCH DIST         | CLARK COUNTY SCHOOL DISTRICT                                                 | CUSIP: 1810592Q8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5659335.00   | 1.12%             | 2039-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PHILADELPHIA PA                | CITY OF PHILADELPHIA PA                                                      | CUSIP: 717813YU7<br>LEI: 549300IVFOPB4AG7UL47 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4605547.60   | 0.91%             | 2033-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BLACK BELT ENERGY GAS DIST AL  | BLACK BELT ENERGY GAS DISTRICT                                               | CUSIP: 09182NCB4<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1018635.10   | 0.20%             | 2052-07-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| ORANGE CNTY CA CMNTY FACS DIST | ORANGE COUNTY COMMUNITY FACILITIES DISTRICT                                  | CUSIP: 68423PZJ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1040299.10   | 0.21%             | 2047-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MUNI ELEC AUTH OF GA           | MUNICIPAL ELECTRIC AUTHORITY OF GEORGIA                                      | CUSIP: 62620HEL2<br>LEI: JA0WNILDDF2KUPS83B16 | Long             | DBT              | MUN               | US        |   3250000 | PA      | $3385830.83   | 0.67%             | 2052-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT ST HLTH & EDUCTNL  | CONNECTICUT STATE HEALTH & EDUCATIONAL FACILITIES AUTHORITY                  | CUSIP: 20775DHW5<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $936265.50    | 0.19%             | 2055-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FLORIDA ST MID-BAY BRIDGE AUTH | MID-BAY BRIDGE AUTHORITY                                                     | CUSIP: 342814DR8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1020746.50   | 0.20%             | 2040-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHARLOTTE NC ARPT REVENUE      | CITY OF CHARLOTTE NC AIRPORT REVENUE                                         | CUSIP: 161036UJ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1101985.00   | 0.22%             | 2038-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST PORT AUTH     | MASSACHUSETTS PORT AUTHORITY                                                 | CUSIP: 575896YS8<br>LEI: 254900JRR8IDSSKWCL90 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1138229.40   | 0.23%             | 2034-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HILLSBOROUGH CNTY FL AVIATION  | HILLSBOROUGH COUNTY AVIATION AUTHORITY                                       | CUSIP: 432308N67<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1129988.90   | 0.22%             | 2034-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DISTRICT OF COLUMBIA REVENUE   | DISTRICT OF COLUMBIA                                                         | CUSIP: 25477GUV5<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3504873.60   | 0.70%             | 2047-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| DALLAS-FORT WORTH TX INTERNATI | DALLAS FORT WORTH INTERNATIONAL AIRPORT                                      | CUSIP: 23503CBJ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2847893.25   | 0.56%             | 2040-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MET WASHINGTON DC ARPTS AUTH A | METROPOLITAN WASHINGTON AIRPORTS AUTHORITY AVIATION REVENUE                  | CUSIP: 5926466R9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3340000 | PA      | $3440551.70   | 0.68%             | 2027-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ALAMEDA CA CORRIDOR TRANSPRTN  | ALAMEDA CORRIDOR TRANSPORTATION AUTHORITY                                    | CUSIP: 010869JS5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2761670.75   | 0.55%             | 2052-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MAIN STREET NATURAL GAS INC GA | MAIN STREET NATURAL GAS INC                                                  | CUSIP: 56035DEE8<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2114933.80   | 0.42%             | 2052-12-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST                    | STATE OF ILLINOIS                                                            | CUSIP: 452153BE8<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   1420000 | PA      | $1421412.62   | 0.28%             | 2023-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| TRIBOROUGH NY BRIDGE & TUNNEL  | TRIBOROUGH BRIDGE & TUNNEL AUTHORITY SALES TAX REVENUE                       | CUSIP: 896035BE1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2806994.50   | 0.56%             | 2057-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| S JERSEY NJ TRANSPRTN AUTH TRA | SOUTH JERSEY TRANSPORTATION AUTHORITY                                        | CUSIP: 838536MP2<br>LEI: 549300W8SZI2CAOKT956 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1018733.70   | 0.20%             | 2047-11-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| CHICAGO IL O'HARE INTERNATIONA | CHICAGO O'HARE INTERNATIONAL AIRPORT                                         | CUSIP: 167593Y48<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1635613.65   | 0.32%             | 2055-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| SALES TAX SECURITIZATION CORP  | SALES TAX SECURITIZATION CORP                                                | CUSIP: 79467BCW3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3815499.45   | 0.76%             | 2036-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TARRANT CNTY TX CULTURAL EDU F | TARRANT COUNTY CULTURAL EDUCATION FACILITIES FINANCE CORP                    | CUSIP: 87638THC0<br>LEI: 549300ROY505NVTMMI25 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1720531.35   | 0.34%             | 2053-07-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| PORT OF SEATTLE WA REVENUE     | PORT OF SEATTLE WA                                                           | CUSIP: 735389W20<br>LEI: 549300T9UCDUJ3GZL429 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1395296.55   | 0.28%             | 2047-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PONTIAC CITY MI CITY SCH DIST  | PONTIAC SCHOOL DISTRICT                                                      | CUSIP: 732538HK2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1800000 | PA      | $1820398.32   | 0.36%             | 2045-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| GEORGIA ST PORTS AUTH          | GEORGIA PORTS AUTHORITY                                                      | CUSIP: 373586HV1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1239026.75   | 0.25%             | 2052-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST TRANSPRTN DEV CORP | NEW YORK TRANSPORTATION DEVELOPMENT CORP                                     | CUSIP: 650116CL8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1567798.80   | 0.31%             | 2032-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLORADO ST HLTH FACS AUTH REV | COLORADO HEALTH FACILITIES AUTHORITY                                         | CUSIP: 19648FXB5<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |    230000 | PA      | $251677.06    | 0.05%             | 2049-11-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| COLORADO ST HLTH FACS AUTH REV | COLORADO HEALTH FACILITIES AUTHORITY                                         | CUSIP: 19648FXC3<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   2270000 | PA      | $2441158.23   | 0.48%             | 2049-11-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| TARRANT CNTY TX CULTURAL EDU F | TARRANT COUNTY CULTURAL EDUCATION FACILITIES FINANCE CORP                    | CUSIP: 87638QSG5<br>LEI: 549300ROY505NVTMMI25 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2286010.80   | 0.45%             | 2052-11-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| HOUSTON TX ARPT SYS REVENUE    | CITY OF HOUSTON TX AIRPORT SYSTEM REVENUE                                    | CUSIP: 4423487W2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1033797.70   | 0.21%             | 2028-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DENVER CITY & CNTY CO ARPT REV | CITY & COUNTY OF DENVER CO AIRPORT SYSTEM REVENUE                            | CUSIP: 249182QX7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3356283.00   | 0.67%             | 2053-11-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| DENVER CITY & CNTY CO ARPT REV | CITY & COUNTY OF DENVER CO AIRPORT SYSTEM REVENUE                            | CUSIP: 249182SS6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2400000 | PA      | $2489826.96   | 0.49%             | 2024-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ALLENTOWN PA NEIGHBORHOOD IMPT | ALLENTOWN NEIGHBORHOOD IMPROVEMENT ZONE DEVELOPMENT AUTHORITY                | CUSIP: 018444BB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2750000 | PA      | $2769905.60   | 0.55%             | 2033-05-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| MET NASHVILLE TN ARPT AUTH ARP | METROPOLITAN NASHVILLE AIRPORT AUTHORITY/THE                                 | CUSIP: 592190QZ8<br>LEI: 549300IC0HNF8TDXEE63 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1651362.90   | 0.33%             | 2052-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| VIRGINIA ST PUB BLDG AUTH PUBL | VIRGINIA PUBLIC BUILDING AUTHORITY                                           | CUSIP: 928172U78<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1275000 | PA      | $1358555.60   | 0.27%             | 2030-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MUNI ELEC AUTH OF GA           | MUNICIPAL ELECTRIC AUTHORITY OF GEORGIA                                      | CUSIP: 62620HGQ9<br>LEI: JA0WNILDDF2KUPS83B16 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1060183.00   | 0.21%             | 2055-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST ECON DEV FING  | PENNSYLVANIA ECONOMIC DEVELOPMENT FINANCING AUTHORITY                        | CUSIP: 70868YAX7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2095501.00   | 0.42%             | 2057-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT ST                 | STATE OF CONNECTICUT                                                         | CUSIP: 20772KSU4<br>LEI: 5493007GRO6CU0IKP741 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2817731.50   | 0.56%             | 2041-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WELD CNTY CO SCH DIST #RE-4    | WELD COUNTY SCHOOL DISTRICT NO RE-4                                          | CUSIP: 949232EZ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2264352.00   | 0.45%             | 2042-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DALLAS TX AREA RAPID TRANSIT S | DALLAS AREA RAPID TRANSIT                                                    | CUSIP: 235241WS1<br>LEI: 75YWM81F2R6UQGJIEW47 | Long             | DBT              | MUN               | US        |   1925000 | PA      | $1920558.64   | 0.38%             | 2051-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST                  | STATE OF CALIFORNIA                                                          | CUSIP: 13063DS90<br>LEI: 549300X618YEC5LGBQ98 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1170141.50   | 0.23%             | 2047-09-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST TRUNK LINE         | STATE OF MICHIGAN TRUNK LINE REVENUE                                         | CUSIP: 5946953A4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3640000 | PA      | $3656882.32   | 0.73%             | 2046-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PLANO TX INDEP SCH DIST        | PLANO INDEPENDENT SCHOOL DISTRICT                                            | CUSIP: 727199D24<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1135583.80   | 0.23%             | 2043-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KENTUCKY ST PUBLIC ENERGY AUTH | KENTUCKY PUBLIC ENERGY AUTHORITY                                             | CUSIP: 74440DDS0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1497959.55   | 0.30%             | 2052-08-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO CMWLTH             | COMMONWEALTH OF PUERTO RICO                                                  | CUSIP: 74514L3G0<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | PR        |   5000000 | PA      | $5243084.50   | 1.04%             | 2027-07-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST TRANSPRTN TRUST  | NEW JERSEY TRANSPORTATION TRUST FUND AUTHORITY                               | CUSIP: 64613CCL0<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1106813.20   | 0.22%             | 2050-06-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| UTAH ST TELECOMMUNICATION OPEN | UTAH TELECOMMUNICATION OPEN INFRASTRUCTURE AGENCY                            | CUSIP: 91756SAQ6<br>LEI: 549300LCGT5UXUJ1LP77 | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1398224.76   | 0.28%             | 2040-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| SAN FRANCISCO CITY & CNTY CA P | SAN FRANCISCO CITY & COUNTY PUBLIC UTILITIES COMMISSION POWER REVENUE        | CUSIP: 79771KDG8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1505000 | PA      | $1505738.80   | 0.30%             | 2051-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ORANGE CNTY FL HLTH FACS AUTH  | ORANGE COUNTY HEALTH FACILITIES AUTHORITY                                    | CUSIP: 68450LHL2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2151846.00   | 0.43%             | 2053-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WI REVENUE     | PUBLIC FINANCE AUTHORITY                                                     | CUSIP: 74447HAC2<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   2855000 | PA      | $3016539.33   | 0.60%             | 2046-10-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| MAIN STREET NATURAL GAS INC GA | MAIN STREET NATURAL GAS INC                                                  | CUSIP: 56035DEN8<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2654996.00   | 0.53%             | 2053-06-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| SALES TAX SECURITIZATION CORP  | SALES TAX SECURITIZATION CORP                                                | CUSIP: 79467BFG5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1617806.96   | 0.32%             | 2034-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ARIZONA INDUSTRIAL DEVELOPMENT | ARIZONA INDUSTRIAL DEVELOPMENT AUTHORITY                                     | CUSIP: 04052ABH8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    989729 | OU      | $957317.96    | 0.19%             | 2033-05-01      | Variable      | 3.62%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2023-03-23

**Name of Applicant:** BNY Mellon Advantage Funds, Inc.

**Signature:** James Windels

**Name of Signer:** James Windels

**Title:** Fund Treasurer