# EDGAR Filing Document

**Accession Number:** 0001424212
**File Stem:** 0001145549-23-017782
**Filing Date:** 2023-3
**Character Count:** 137026
**Document Hash:** 9f6469c0df65fc9efeea193dbfa13f30
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001145549-23-017782.hdr.sgml**: 20230323

**ACCESSION NUMBER**: 0001145549-23-017782

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20230131

**FILED AS OF DATE**: 20230323

**DATE AS OF CHANGE**: 20230323

**PERIOD START**: 20230731

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** FIRST TRUST EXCHANGE-TRADED FUND III
- **CENTRAL INDEX KEY:** 0001424212
- **IRS NUMBER:** 000000000

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22245
- **FILM NUMBER:** 23755608

**BUSINESS ADDRESS:**
- **STREET 1:** 120 EAST LIBERTY DRIVE
- **STREET 2:** SUITE 400
- **CITY:** WHEATON
- **STATE:** IL
- **ZIP:** 60187
- **BUSINESS PHONE:** 630-765-8000

**MAIL ADDRESS:**
- **STREET 1:** 120 EAST LIBERTY DRIVE
- **STREET 2:** SUITE 400
- **CITY:** WHEATON
- **STATE:** IL
- **ZIP:** 60187

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** First Trust Exchange-Traded Fund III
- **DATE OF NAME CHANGE:** 20160419

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** First Trust Exchange Traded Fund III
- **DATE OF NAME CHANGE:** 20080116

## Series and Classes Contracts Data

### First Trust Municipal High Income ETF (Series ID: S000051606)

| Class ID   | Class Name                            | Ticker Symbol   |
|:---|:---|:---|
| C000162358 | First Trust Municipal High Income ETF | FMHI            |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** First Trust Exchange-Traded Fund III

- **b. Investment Company Act file number:** 811-22245

- **c. CIK number of Registrant:** 0001424212

- **d. LEI of Registrant:** 5493003Z20QMESC6XS29

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

  - **Street Address 1:** 120 East Liberty Drive, Suite 400

  - **City:** Wheaton

  - **State:** IL

  - **Foreign country:** US

  - **Zip / Postal Code:** 60187

  - **Telephone number:** 630-765-8000

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

- **a. Name of Series:** First Trust Municipal High Income ETF

- **b. EDGAR series identifier (if any):** S000051606

- **c. LEI of Series:** 549300B5O1Z4DSDEG514

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

- **a. Date of fiscal year-end:** 2023-07-31

- **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:** $325379001.74

**Total Liabilities:** $5691248.68

**Net Assets:** $319687753.06

**Cash Not Reported:** $9633245.75

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 250.616761557806 | **1-Year:** 5136.679428346706 | **5-Year:** 28724.940025766913 | **10-Year:** 49322.211946656177 | **30-Year:** 9817.680971596515

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

- **3-Month:** 61.602242148854 | **1-Year:** 2261.226310304942 | **5-Year:** 15396.557905022067 | **10-Year:** 54984.905693254669 | **30-Year:** 77703.765446198825

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000162358 | 4.44%                | -0.11%               | 3.46%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-3342702.23             | $16169007.40                               |
| Month 2  | $-941207.31              | $-752759.08                                |
| Month 3  | $-1024833.40             | $11359468.52                               |

**Designated Index Information**

- **Index Name:** The Fund's Designated Reference Portfolio is the Fund's Securities Portfolio.

- **Index Identifier:** N/A

### Schedule of Portfolio Investments

| Name                                                                | Title                          | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| CHAMBERS HIGHPOINT MET DIST NO 2 COLO                               | CHAMBERS HIGHPOINT 5% 12/01/41 | CUSIP: 157817AA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    515000 | PA      | $479753.40    | 0.15%             | 2041-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLORADO HEALTH FACS AUTH                                           | COLORADO ST HLTH F 5% 01/01/37 | CUSIP: 19648FAZ7<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1287702.78   | 0.40%             | 2037-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLORADO HEALTH FACS AUTH                                           | COLORADO ST HLT 5.25% 11/01/32 | CUSIP: 19648FCH5<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |    625000 | PA      | $306250.00    | 0.10%             | 2032-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| COLORADO HEALTH FACS AUTH                                           | COLORADO ST HLTH F 4% 08/01/39 | CUSIP: 19648FJZ8<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |    950000 | PA      | $938897.73    | 0.29%             | 2039-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| COLORADO HEALTH FACS AUTH                                           | COLORADO ST HLTH F 5% 05/15/49 | CUSIP: 19648FTH7<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1227833.70   | 0.38%             | 2049-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NORTH CAROLINA MED CARE COMMN RETIREMENT FACS                       | NORTH CAROLINA ST  5% 10/01/37 | CUSIP: 65820YMR4<br>LEI: 549300FH6KOXGCHQYG81 | Long             | DBT              | MUN               | US        |   2850000 | PA      | $2749309.50   | 0.86%             | 2037-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NORTH CAROLINA MED CARE COMMN RETIREMENT FACS                       | NORTH CAROLINA ST  5% 10/01/45 | CUSIP: 65820YRR9<br>LEI: 549300FH6KOXGCHQYG81 | Long             | DBT              | MUN               | US        |    690000 | PA      | $653253.22    | 0.20%             | 2045-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NORTH CAROLINA MED CARE COMMN RETIREMENT FACS                       | NORTH CAROLINA ST  4% 09/01/46 | CUSIP: 65820YSL1<br>LEI: 549300FH6KOXGCHQYG81 | Long             | DBT              | MUN               | US        |    715000 | PA      | $600008.48    | 0.19%             | 2046-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NORTH CAROLINA MED CARE COMMN                                       | NORTH CAROLINA ST  4% 03/01/41 | CUSIP: 65821DYF2<br>LEI: 549300W51JHXB30KDW15 | Long             | DBT              | MUN               | US        |   2250000 | PA      | $1817383.95   | 0.57%             | 2041-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PORT SEATTLE WASH                                                   | PORT OF SEATTLE WA 5% 08/01/46 | CUSIP: 735389R26<br>LEI: 549300T9UCDUJ3GZL429 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2115058.60   | 0.66%             | 2046-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WIS                                                 | PUBLIC FIN AUTH WI 5% 07/01/52 | CUSIP: 74442ECC2<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    200000 | PA      | $200258.24    | 0.06%             | 2052-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MONROE LA                                                           | MONROE LA WTR REVE 5% 11/01/32 | CUSIP: 611089AP8<br>LEI: 5493001B2BBERVT7EZ57 | Long             | DBT              | MUN               | US        |    200000 | PA      | $227456.44    | 0.07%             | 2032-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA SCH FIN AUTH                                             | CALIFORNIA ST SCH  5% 10/01/42 | CUSIP: 13058TQA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1052865.40   | 0.33%             | 2042-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CENTRAL PLAINS ENERGY PROJ NEB                                      | CENTRL PLAINS ENE V/R 03/01/50 | CUSIP: 154871CT2<br>LEI: SVQOT7V5CPLIGNP5BE29 | Long             | DBT              | MUN               | US        |   1425000 | PA      | $1440705.78   | 0.45%             | 2050-03-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| CORPUS CHRISTI TEX                                                  | CORPUS CHRISTI TX  5% 07/15/42 | CUSIP: 220245V76<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    625000 | PA      | $705568.69    | 0.22%             | 2042-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CRANDALL TEX                                                        | CRANDALL TX SPL 4.25% 09/15/41 | CUSIP: 224384AG2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    556000 | PA      | $496231.00    | 0.16%             | 2041-09-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| CYPRESS BLUFF CMNTY DEV DIST FLA                                    | CYPRESS BLUFF  3.625% 05/01/40 | CUSIP: 232677AL8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $490225.98    | 0.15%             | 2040-05-01      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| DENVER COLO CITY & CNTY                                             | DENVER CITY & CNTY 5% 11/15/41 | CUSIP: 249182QT6<br>LEI: MMTY7HA2MSCBUO4F7J71 | Long             | DBT              | MUN               | US        |   1220000 | PA      | $1327461.02   | 0.42%             | 2041-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BALTIMORE MD                                                        | BALTIMORE MD SP 3.15% 06/01/29 | CUSIP: 05923TCK3<br>LEI: 5493006QYFB72E0IOO54 | Long             | DBT              | MUN               | US        |    200000 | PA      | $182334.44    | 0.06%             | 2029-06-01      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| DENVER COLO CITY & CNTY                                             | DENVER CITY & C 5.75% 11/15/40 | CUSIP: 249182TJ5<br>LEI: MMTY7HA2MSCBUO4F7J71 | Long             | DBT              | MUN               | US        |   1120000 | PA      | $1321442.98   | 0.41%             | 2040-11-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| DENVER COLO CITY & CNTY                                             | DENVER CITY & C 5.75% 11/15/45 | CUSIP: 249182TM8<br>LEI: MMTY7HA2MSCBUO4F7J71 | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1272040.99   | 0.40%             | 2045-11-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| BALTIMORE MD                                                        | BALTIMORE MD SPL 3.2% 06/01/30 | CUSIP: 05923TCL1<br>LEI: 5493006QYFB72E0IOO54 | Long             | DBT              | MUN               | US        |    190000 | PA      | $171011.23    | 0.05%             | 2030-06-01      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| BASELINE MET DIST NO 1 COLO                                         | BASELINE MET DIST  5% 12/01/51 | CUSIP: 069826AB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $884645.80    | 0.28%             | 2051-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DENVER COLO CITY & CNTY                                             | DENVER CO CITY &  V/R 12/01/31 | CUSIP: 249183UF9<br>LEI: MMTY7HA2MSCBUO4F7J71 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000000.00   | 0.31%             | 2031-12-01      | Variable      | 1.25%                 | No            |                  2 | On Loan: No      |
| DENVER COLO INTL BUSINESS CTR MET DIST NO 1                         | DENVER CO INTERNAT 6% 12/01/48 | CUSIP: 249197BB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $502318.60    | 0.16%             | 2048-12-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| BERKELEY CNTY S C                                                   | BERKELEY CNTY SC A 4% 11/01/30 | CUSIP: 084220AA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    425000 | PA      | $401348.71    | 0.13%             | 2030-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BERKS CNTY PA MUN AUTH                                              | BERKS CNTY PA MUNI 5% 10/01/39 | CUSIP: 08454AAB7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1030000 | PA      | $1006030.25   | 0.31%             | 2039-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LANCASTER CNTY PA HOSP AUTH                                         | LANCASTER CNTY PA  5% 06/15/28 | CUSIP: 51404PAA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $251622.33    | 0.08%             | 2028-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MAIN STR NAT GAS INC GA                                             | MAIN STREET NATURA 5% 05/15/30 | CUSIP: 56035DBK7<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |    400000 | PA      | $426117.24    | 0.13%             | 2030-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BLACK BELT ENERGY GAS DIST ALA                                      | BLACK BELT ENERGY V/R 11/01/53 | CUSIP: 09182TBT3<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1343195.25   | 0.42%             | 2053-11-01      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| BLACK BELT ENERGY GAS DIST ALA                                      | BLACK BELT ENERGY V/R 02/01/53 | CUSIP: 09182TCG0<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |    500000 | PA      | $536535.00    | 0.17%             | 2053-02-01      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| MIAMI-DADE CNTY FLA                                                 | MIAMI-DADE CNTY FL 5% 10/01/40 | CUSIP: 59333PZ92<br>LEI: 549300QG0NBD9HULR263 | Long             | DBT              | MUN               | US        |   2625000 | PA      | $2739305.89   | 0.86%             | 2040-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MIDA GOLF & EQUESTRIAN CTR PUB INFRASTRUCTURE DIST UTAH             | MIDA GOLF & EQUE 4.5% 06/01/51 | CUSIP: 59561BAD4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2350197.90   | 0.74%             | 2051-06-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| BLACK DESERT PUB INFRASTRUCTURE DIST UTAH                           | BLACK DESERT PUB I 4% 03/01/51 | CUSIP: 09204PAD1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2324508.30   | 0.73%             | 2051-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BRIDGEPORT CONN                                                     | BRIDGEPORT CT 5% 02/01/31      | CUSIP: 108152EV7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $286348.18    | 0.09%             | 2031-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MILITARY INSTALLATION DEV AUTH UTAH                                 | MILITARY INSTALLAT 4% 06/01/41 | CUSIP: 599772AE0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1647615.00   | 0.52%             | 2041-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MILITARY INSTALLATION DEV AUTH UTAH                                 | MILITARY INSTALLAT 4% 06/01/52 | CUSIP: 599772AF7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $757797.10    | 0.24%             | 2052-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MINNEAPOLIS MINN                                                    | MINNEAPOLIS MN S 3.8% 08/01/27 | CUSIP: 60379NCD6<br>LEI: 54930069TEI1INHRHS55 | Long             | DBT              | MUN               | US        |    150000 | PA      | $146065.32    | 0.05%             | 2027-08-01      | Fixed         | 3.80%                 | Yes           |                  2 | On Loan: No      |
| MIRADA II CMNTY DEV DIST FLA                                        | MIRADA II CMNTY DE 4% 05/01/51 | CUSIP: 60463WAD5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $997038.25    | 0.31%             | 2051-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA MUN FIN AUTH                                             | CALIFORNIA ST MUNI 5% 10/01/44 | CUSIP: 13048VLB2<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1304258.38   | 0.41%             | 2044-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA MUN FIN AUTH                                             | CALIFORNIA ST MUNI 4% 07/15/29 | CUSIP: 13050RAA0<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $992125.40    | 0.31%             | 2029-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MISSOURI ST HEALTH & EDL FACS AUTH                                  | MISSOURI ST HLTH & 4% 02/01/32 | CUSIP: 60635H3N7<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |    550000 | PA      | $515474.14    | 0.16%             | 2032-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MISSOURI ST HEALTH & EDL FACS AUTH                                  | MISSOURI ST HLTH & 5% 02/01/35 | CUSIP: 60635HR92<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |     80000 | PA      | $80092.22     | 0.03%             | 2035-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MISSOURI ST HEALTH & EDL FACS AUTH                                  | MISSOURI ST HLTH & 5% 02/01/29 | CUSIP: 60635HU23<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |     10000 | PA      | $10147.13     | 0.00%             | 2029-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MURPHY CREEK MET DIST NO 5 COLO                                     | MURPHY CREEK MET D 6% 12/01/52 | CUSIP: 626657AA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $497200.00    | 0.16%             | 2052-12-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| MURRAY CITY UTAH                                                    | MURRAY CITY UT HO V/R 05/15/37 | CUSIP: 626853CF0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2000000.00   | 0.63%             | 2037-05-15      | Variable      | 1.20%                 | No            |                  2 | On Loan: No      |
| NEVADA ST                                                           | NEVADA DEPT OF BUS 5% 07/15/37 | CUSIP: 641454AC7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $702864.47    | 0.22%             | 2037-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BRIGHTON CROSSING MET DIST NO 6 COLO                                | BRIGHTON CROSSING  5% 12/01/35 | CUSIP: 10933PAA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    525000 | PA      | $509102.95    | 0.16%             | 2035-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BUCKEYE OHIO TOB SETTLEMENT FING AUTH                               | BUCKEYE OH TOBACCO 5% 06/01/55 | CUSIP: 118217CZ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4920000 | PA      | $4698617.71   | 1.47%             | 2055-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA PUB FIN AUTH                                             | CALIFORNIA PUBLIC  5% 11/15/46 | CUSIP: 13057GAB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $224940.58    | 0.07%             | 2046-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DETROIT MICH DOWNTOWN DEV AUTH                                      | DETROIT MI DOWNTOW 5% 07/01/31 | CUSIP: 251135GH6<br>LEI: 549300WO3NSMP6FECO66 | Long             | DBT              | MUN               | US        |    300000 | PA      | $308511.69    | 0.10%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST HIGHER ED ASSISTANCE AUTH                             | NEW JERSEY ST HGR  4% 12/01/30 | CUSIP: 646080SS1<br>LEI: 5493007OOYUHTF8GSL63 | Long             | DBT              | MUN               | US        |    430000 | PA      | $430054.14    | 0.13%             | 2030-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST TRANSN TR FD AUTH                                     | NEW JERSEY ST TRAN 5% 12/15/30 | CUSIP: 6461364B4<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |    500000 | PA      | $560197.30    | 0.18%             | 2030-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BUILD NYC RESOURCE CORP N Y                                         | BUILD NYC RESOU 5.25% 07/01/52 | CUSIP: 12008ETX4<br>LEI: 549300GROJFKMNLWEK84 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1055335.90   | 0.33%             | 2052-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| BURKE CNTY GA DEV AUTH                                              | BURKE CNTY GA DEV V/R 07/01/49 | CUSIP: 121342MW6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1100000.00   | 0.34%             | 2049-07-01      | Variable      | 1.45%                 | No            |                  2 | On Loan: No      |
| SAWYERS LANDING CMNTY DEV DIST FLA                                  | SAWYERS LANDIN 4.125% 05/01/41 | CUSIP: 805517AC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2055000 | PA      | $1792128.51   | 0.56%             | 2041-05-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| SHAWNEE CNTY KANS PUB BLDG COMMN                                    | SHAWNEE CNTY KS  5.5% 09/01/34 | CUSIP: 820561BA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    175000 | PA      | $214237.77    | 0.07%             | 2034-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST TRANSN TR FD AUTH                                     | NEW JERSEY ST T 5.25% 06/15/41 | CUSIP: 64613CCE6<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |    560000 | PA      | $615752.31    | 0.19%             | 2041-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| NEW YORK N Y                                                        | NEW YORK NY 5.25% 10/01/41     | CUSIP: 64966QK90<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2313649.20   | 0.72%             | 2041-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CSCDA CMNTY IMPT AUTH CALIF                                         | CSCDA CMNTY IMPT A 4% 07/01/56 | CUSIP: 126292AP6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $394134.10    | 0.12%             | 2056-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CSCDA CMNTY IMPT AUTH CALIF                                         | CSCDA CMNTY IMPT A 4% 07/01/56 | CUSIP: 126292AU5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1220122.20   | 0.38%             | 2056-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SHELL PT CMNTY DEV DIST FLA                                         | SHELL POINT CMN 5.25% 11/01/39 | CUSIP: 822666AD5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    490000 | PA      | $495489.57    | 0.15%             | 2039-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| SIENA LAKE MET DIST COLO                                            | SIENA LAKE MET  3.25% 12/01/31 | CUSIP: 82622AAA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    785000 | PA      | $670435.92    | 0.21%             | 2031-12-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA CMNTY CHOICE FING AUTH                                   | CALIFORNIA CMNTY  V/R 02/01/52 | CUSIP: 13013JAP1<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1267901.75   | 0.40%             | 2052-02-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA MUN FIN AUTH                                             | CALIFORNIA ST MU 5.5% 06/01/38 | CUSIP: 13048DCE6<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    450000 | PA      | $455689.89    | 0.14%             | 2038-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| TRAILS AT CROWFOOT MET DIST NO 3 COLO                               | TRAILS AT CROWFOOT 5% 12/01/39 | CUSIP: 89286RAB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $487197.40    | 0.15%             | 2039-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TSASC INC N Y                                                       | TSASC INC NY 5% 06/01/48       | CUSIP: 898526FR4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2810000 | PA      | $2644544.67   | 0.83%             | 2048-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK N Y CITY TRANSITIONAL FIN AUTH                             | NEW YORK CITY NY T 4% 02/01/42 | CUSIP: 64971XL30<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2625000 | PA      | $2628115.09   | 0.82%             | 2042-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK N Y CITY MUN WTR FIN AUTH                                  | NEW YORK CITY NY M 5% 06/15/38 | CUSIP: 64972GPE8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    595000 | PA      | $641188.07    | 0.20%             | 2038-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA MUN FIN AUTH                                             | CALIFORNIA ST MUNI 5% 07/01/38 | CUSIP: 13048DCP1<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    850000 | PA      | $827693.79    | 0.26%             | 2038-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA MUN FIN AUTH                                             | CALIFORNIA ST MUNI 5% 07/01/32 | CUSIP: 13048T4F7<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    205000 | PA      | $219788.45    | 0.07%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UNION CNTY ORE HOSP FAC AUTH                                        | UNION CNTY OR HOSP 5% 07/01/42 | CUSIP: 906420CG7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $782343.53    | 0.24%             | 2042-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WASHINGTON ST HSG FIN COMMN                                         | WASHINGTON ST HSG  5% 07/01/50 | CUSIP: 93978LGG5<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |    710000 | PA      | $676598.48    | 0.21%             | 2050-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST DORM AUTH                                               | NEW YORK ST DORM A 3% 03/15/42 | CUSIP: 64990FZX5<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   1925000 | PA      | $1637028.28   | 0.51%             | 2042-03-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| PLAINFIELD IND                                                      | PLAINFIELD IN  5.375% 09/01/38 | CUSIP: 72629VAA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    595000 | PA      | $500139.03    | 0.16%             | 2038-09-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| WEST VIRGINIA ECONOMIC DEV AUTH                                     | WEST VIRGINIA ST  V/R 07/01/45 | CUSIP: 95648VBF5<br>LEI: 549300WW88TKKF5H1220 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1007026.20   | 0.32%             | 2045-07-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| WESTCHESTER CNTY N Y LOC DEV CORP                                   | WESTCHESTER CNTY N 5% 07/01/56 | CUSIP: 95737TEU6<br>LEI: 549300KOSU8OC75V9238 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $775349.50    | 0.24%             | 2056-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Trade                                              | F/C US 10YR ULTRA FUT MAR23    | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |      -119 | NC      | $-79753.02    | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| MORONGO BAND OF MISSION INDIANS CALIF                               | MORONGO BAND OF MI 5% 10/01/42 | CUSIP: 61773RAB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $303088.29    | 0.09%             | 2042-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WESTCHESTER TOBACCO ASSET SECURITIZATION CORP N Y                   | WESTCHESTER NY TOB 5% 06/01/41 | CUSIP: 957480BR6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    460000 | PA      | $476193.61    | 0.15%             | 2041-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PORT GTR CINCINNATI DEV AUTH OHIO                                   | PORT OF GTR CIN 3.75% 12/01/31 | CUSIP: 734195BQ2<br>LEI: 549300IK2RCZBY62ST97 | Long             | DBT              | MUN               | US        |    490000 | PA      | $428740.94    | 0.13%             | 2031-12-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| PORT SEATTLE WASH                                                   | PORT OF SEATTLE WA 5% 08/01/39 | CUSIP: 735389Q76<br>LEI: 549300T9UCDUJ3GZL429 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1082810.80   | 0.34%             | 2039-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MUNICIPAL ELEC AUTH GA                                              | MUNI ELEC AUTH OF  5% 07/01/30 | CUSIP: 62620HDX7<br>LEI: JA0WNILDDF2KUPS83B16 | Long             | DBT              | MUN               | US        |    350000 | PA      | $404993.40    | 0.13%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WEST CORNWALL TWP PA MUN AUTH                                       | W CORNWALL TWP PA  4% 11/15/41 | CUSIP: 95235TAS2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    125000 | PA      | $109878.45    | 0.03%             | 2041-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WIS                                                 | PUBLIC FIN AUTH 6.85% 01/01/51 | CUSIP: 74442PVQ5<br>LEI: 549300NX92YT0D3RWC98 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1549903.40   | 0.48%             | 2051-01-01      | Fixed         | 6.85%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WIS                                                 | PUBLIC FIN AUTH WI 5% 06/15/27 | CUSIP: 74445GAK8<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    160000 | PA      | $168578.43    | 0.05%             | 2027-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WESTCHESTER CNTY N Y LOC DEV CORP                                   | WESTCHESTER CNTY N 5% 07/01/34 | CUSIP: 95737TEH5<br>LEI: 549300KOSU8OC75V9238 | Long             | DBT              | MUN               | US        |    100000 | PA      | $106130.04    | 0.03%             | 2034-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WILDBLUE CMNTY DEV DIST FLA                                         | WILDBLUE CDD FL 4.25% 06/15/39 | CUSIP: 96809YAC0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1190000 | PA      | $1070004.80   | 0.33%             | 2039-06-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WIS                                                 | PUBLIC FIN AUTH WI 5% 11/15/41 | CUSIP: 74446CAD2<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1310000 | PA      | $1318298.46   | 0.41%             | 2041-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WIS                                                 | PUBLIC FIN AUTH WI 5% 02/01/42 | CUSIP: 74447DAB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1004014.40   | 0.31%             | 2042-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO COMWLTH                                                 | PUERTO RICO CMWLTH 4% 07/01/33 | CUSIP: 74514L3K1<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |   2900000 | PA      | $2718298.76   | 0.85%             | 2033-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO COMWLTH                                                 | PUERTO RICO CMWLTH 4% 07/01/35 | CUSIP: 74514L3L9<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2277252.50   | 0.71%             | 2035-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO COMWLTH HWY & TRANSN AUTH                               | PUERTO RICO CMWLTH 5% 07/01/62 | CUSIP: 745197AA1<br>LEI: 549300J6QBXVWJXB7Y41 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1930000.00   | 0.60%             | 2062-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ROSEVILLE CALIF                                                     | ROSEVILLE CA SPL T 4% 09/01/41 | CUSIP: 777870R65<br>LEI: 549300OH100KESVPND17 | Long             | DBT              | MUN               | US        |    400000 | PA      | $379944.80    | 0.12%             | 2041-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ROWLETT TEX                                                         | ROWLETT TX SPL  3.75% 09/15/31 | CUSIP: 779719AJ2<br>LEI: 549300XN25SMDVQJM820 | Long             | DBT              | MUN               | US        |    223000 | PA      | $207126.50    | 0.06%             | 2031-09-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| ARLINGTON TEX HIGHER ED FIN CORP                                    | ARLINGTON TX HGR E 4% 08/15/41 | CUSIP: 041806L65<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    610000 | PA      | $513911.82    | 0.16%             | 2041-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ATLANTA GA                                                          | ATLANTA GA ARPT RE 5% 07/01/42 | CUSIP: 04780MC72<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1775000 | PA      | $1996901.27   | 0.62%             | 2042-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WINROCK TOWN CTR TAX INCREMENTDEV DIST 1                            | WINROCK TOWN CE 3.75% 05/01/28 | CUSIP: 97535RAE0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    535000 | PA      | $507041.27    | 0.16%             | 2028-05-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| WINROCK TOWN CTR TAX INCREMENTDEV DIST 1                            | WINROCK TOWN CENTE 4% 05/01/33 | CUSIP: 97535RAF7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $446475.75    | 0.14%             | 2033-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ATLANTA GA                                                          | ATLANTA GA ARPT PA 4% 07/01/37 | CUSIP: 04780TDL5<br>LEI: 549300GHLQ0J51NUBM84 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1006755.90   | 0.31%             | 2037-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA POLLUTION CTL FING AUTH                                  | CALIFORNIA ST POLL 5% 07/01/37 | CUSIP: 13054WAB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1253464.13   | 0.39%             | 2037-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WINROCK TOWN CTR TAX INCREMENTDEV DIST 1                            | WINROCK TOWN CE 4.25% 05/01/40 | CUSIP: 97535RAG5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $426616.85    | 0.13%             | 2040-05-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| WISCONSIN ST HEALTH & EDL FACS AUTH                                 | WISCONSIN ST HLT 5.5% 12/01/52 | CUSIP: 97712JGT4<br>LEI: 549300K4GS3Z2EJB6Z40 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1110466.10   | 0.35%             | 2052-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA PUB FIN AUTH                                             | CALIFORNIA PUBLIC  5% 11/15/51 | CUSIP: 13057GAC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $221509.63    | 0.07%             | 2051-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COCO PALMS CMNTY DEV DIST FLA                                       | COCO PALMS FL CD 4.5% 05/01/32 | CUSIP: 191653AB0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    650000 | PA      | $648764.16    | 0.20%             | 2032-05-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| WOODBURY MINN CHARTER SCH                                           | WOODBURY MN CHRT S 4% 07/01/41 | CUSIP: 979134AT0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    850000 | PA      | $708711.73    | 0.22%             | 2041-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| WOODBURY MINN CHARTER SCH                                           | WOODBURY MN CHRT S 4% 07/01/51 | CUSIP: 979134AU7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    660000 | PA      | $505277.06    | 0.16%             | 2051-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CLEVELAND-CUYAHOGA CNTY OHIO PORT AUTH                              | CLEVELAND-CUYAHOGA 4% 12/01/55 | CUSIP: 18611HAB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $850238.90    | 0.27%             | 2055-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| LANCASTER CNTY S C                                                  | LANCASTER CNTY SC  5% 12/01/31 | CUSIP: 514088AM5<br>LEI: 5493004EFQNI7UOCFI47 | Long             | DBT              | MUN               | US        |    230000 | PA      | $230524.24    | 0.07%             | 2031-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LATROBE PA INDL DEV AUTH                                            | LATROBE PA INDL DE 4% 03/01/38 | CUSIP: 518324AQ1<br>LEI: 5493008FA05J2R0XCZ14 | Long             | DBT              | MUN               | US        |    250000 | PA      | $229045.45    | 0.07%             | 2038-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| LATROBE PA INDL DEV AUTH                                            | LATROBE PA INDL DE 4% 03/01/46 | CUSIP: 518324AU2<br>LEI: 5493008FA05J2R0XCZ14 | Long             | DBT              | MUN               | US        |   1700000 | PA      | $1429949.73   | 0.45%             | 2046-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| COLORADO EDL & CULTURAL FACS AUTH                                   | COLORADO ST EDUCTN 5% 12/15/45 | CUSIP: 19645RB42<br>LEI: 549300BJRX2FHSSZP042 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1020314.40   | 0.32%             | 2045-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLORADO HEALTH FACS AUTH                                           | COLORADO ST HLTH F 5% 05/15/58 | CUSIP: 19648FTJ3<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |    500000 | PA      | $389884.20    | 0.12%             | 2058-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WYANDOTTE CNTY/KANS CITY KANS UNI GOVT                              | WYANDOTTE CNTY  5.75% 09/01/39 | CUSIP: 98267VDK6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1218680.75   | 0.38%             | 2039-09-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| LEE CNTY FLA INDL DEV AUTH                                          | LEE CNTY FL INDL D 5% 11/15/49 | CUSIP: 52349EDX5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2575000 | PA      | $2567264.44   | 0.80%             | 2049-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LIBERTY HILL TEX                                                    | LIBERTY HILL TX SP 4% 09/01/52 | CUSIP: 530575AS8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1350000 | PA      | $1001471.58   | 0.31%             | 2052-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| LINCOLN CNTY S D                                                    | LINCOLN CNTY SD EC 4% 08/01/41 | CUSIP: 53340EAA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $622568.94    | 0.19%             | 2041-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| LINCOLNWOOD ILL                                                     | LINCOLNWOOD IL  4.82% 01/01/41 | CUSIP: 53509AAA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1660000 | PA      | $1540802.87   | 0.48%             | 2041-01-01      | Fixed         | 4.82%                 | No            |                  2 | On Loan: No      |
| LOUISIANA LOC GOVT ENVIRONMENTAL FACS & CMNTY DEV AUTH              | LOUISIANA ST LOC 3.5% 11/01/32 | CUSIP: 54628CDX7<br>LEI: 5493004WIZ1HV87IVF85 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1434036.60   | 0.45%             | 2032-11-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| LOWER NECHES VALLEY AUTH TEX INDL DEV CORP                          | LOWER NECHES VLY  V/R 11/01/29 | CUSIP: 54834RAB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2000000.00   | 0.63%             | 2029-11-01      | Variable      | 1.20%                 | No            |                  2 | On Loan: No      |
| MAIN STR NAT GAS INC GA                                             | MAIN STREET NATUR V/R 03/01/50 | CUSIP: 56035DCR1<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   1285000 | PA      | $1293146.51   | 0.40%             | 2050-03-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| MAIN STR NAT GAS INC GA                                             | MAIN STREET NATUR V/R 05/01/52 | CUSIP: 56035DCZ3<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1002476.60   | 0.31%             | 2052-05-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| MAIN STR NAT GAS INC GA                                             | MAIN STREET NATUR V/R 09/01/52 | CUSIP: 56035DDX7<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1753954.13   | 0.55%             | 2052-09-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| MAIN STR NAT GAS INC GA                                             | MAIN STREET NATUR V/R 06/01/53 | CUSIP: 56035DEN8<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2654996.00   | 0.83%             | 2053-06-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| MARICOPA CNTY ARIZ INDL DEV AUTH                                    | MARICOPA CNTY AZ I 5% 07/01/54 | CUSIP: 56681NEP8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $934052.80    | 0.29%             | 2054-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MIAMI-DADE CNTY FLA                                                 | MIAMI-DADE CNTY FL 5% 10/01/46 | CUSIP: 59334DNF7<br>LEI: 549300QG0NBD9HULR263 | Long             | DBT              | MUN               | US        |   2245000 | PA      | $2449393.56   | 0.77%             | 2046-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLUMBIA ALA INDL DEV BRD                                           | COLUMBIA AL INDL  V/R 12/01/37 | CUSIP: 197210AZ0<br>LEI: 549300SEHVC4E4YS3921 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000000.00   | 0.31%             | 2037-12-01      | Variable      | 1.35%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT ST HEALTH & EDL FACS AUTH                               | CONNECTICUT ST HLT 5% 12/01/45 | CUSIP: 20774YYL5<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |   2725000 | PA      | $2804857.49   | 0.88%             | 2045-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MIAMI-DADE CNTY FLA                                                 | MIAMI-DADE CNTY FL 5% 10/01/36 | CUSIP: 59335KET0<br>LEI: 549300QG0NBD9HULR263 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1103633.80   | 0.35%             | 2036-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MIDA GOLF & EQUESTRIAN CTR PUB INFRASTRUCTURE DIST UTAH             | MIDA GOLF & EQU 4.25% 06/01/41 | CUSIP: 59561BAB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $819620.70    | 0.26%             | 2041-06-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| MILLSBORO DEL                                                       | MILLSBORO DE SPL O 5% 07/01/28 | CUSIP: 601266AB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    473000 | PA      | $478198.22    | 0.15%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NATIONAL FIN AUTH N H                                               | NATIONAL FIN AUTH V/R 07/01/45 | CUSIP: 63607YAJ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1616730.40   | 0.51%             | 2045-07-01      | Variable      | 3.75%                 | No            |                  2 | On Loan: No      |
| NEW HOPE CULTURAL ED FACS FIN CORP                                  | NEW HOPE CULTURAL  5% 01/01/32 | CUSIP: 64542UDT8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    285000 | PA      | $283772.59    | 0.09%             | 2032-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW HOPE CULTURAL ED FACS FIN CORP                                  | NEW HOPE CULTURAL  5% 01/01/39 | CUSIP: 64542UEY6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    205000 | PA      | $173537.91    | 0.05%             | 2039-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT ST                                                      | CONNECTICUT ST SPL 5% 05/01/41 | CUSIP: 207758D59<br>LEI: 5493007GRO6CU0IKP741 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1413114.00   | 0.44%             | 2041-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT ST HEALTH & EDL FACS AUTH                               | CONNECTICUT ST HLT 4% 07/01/37 | CUSIP: 20775DFA5<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |    800000 | PA      | $807709.60    | 0.25%             | 2037-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ECONOMIC DEV AUTH                                        | NEW JERSEY ST ECON 5% 10/01/25 | CUSIP: 64578CCB5<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |    100000 | PA      | $102828.99    | 0.03%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MARYLAND ST ECONOMIC DEV CORP                                       | MARYLAND ST ECON D 5% 07/01/50 | CUSIP: 57420VRL9<br>LEI: 549300JJ16DDBSZWSN94 | Long             | DBT              | MUN               | US        |   1150000 | PA      | $1188059.94   | 0.37%             | 2050-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MARYLAND ST ECONOMIC DEV CORP                                       | MARYLAND ST EC 5.375% 07/01/38 | CUSIP: 57420VSL8<br>LEI: 549300JJ16DDBSZWSN94 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1115253.70   | 0.35%             | 2038-07-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS BAY TRANSN AUTH MASS                                  | MASSACHUSETTS ST B 5% 07/01/45 | CUSIP: 575579YW1<br>LEI: 549300D2U0XBUXGX8P68 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2078741.60   | 0.65%             | 2045-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST DEV FIN AGY                                        | MASSACHUSETTS  5.125% 01/01/40 | CUSIP: 57584Y2W8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1020000 | PA      | $959987.08    | 0.30%             | 2040-01-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST DEV FIN AGY                                        | MASSACHUSETTS ST D 5% 11/15/28 | CUSIP: 57584YMF3<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |    500000 | PA      | $533224.70    | 0.17%             | 2028-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST DEV FIN AGY                                        | MASSACHUSETTS ST D 5% 10/01/48 | CUSIP: 57584YNB1<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $950044.90    | 0.30%             | 2048-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MEDICAL SCH CAMPUS PUB INFRASTRUCTURE DIST UTAH                     | MEDICAL SCH CAM 5.25% 02/01/40 | CUSIP: 58468LAA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $893925.50    | 0.28%             | 2040-02-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| MERIDIAN RANCH MET DIST 2018 SUBDISTRICT COLO                       | MERIDIAN RANCH  6.75% 12/01/52 | CUSIP: 58977PAC5<br>LEI: 549300VMPUF7R81DY714 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1003487.30   | 0.31%             | 2052-12-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| ELBERT & HWY 86 COML MET DIST COLO                                  | ELBERT & HIGHWAY 8 5% 12/01/51 | CUSIP: 28421SAC4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1510000 | PA      | $1291260.65   | 0.40%             | 2051-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| EPPERSON NORTH CMNTY DEV DIST FLA                                   | EPPERSON N CDD FL  4% 05/01/51 | CUSIP: 29429VAJ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2855000 | PA      | $2274417.19   | 0.71%             | 2051-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FALLSCHASE CMNTY DEV DIST FLA                                       | FALLSCHASE CMN 3.375% 05/01/41 | CUSIP: 306748AC8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $981907.25    | 0.31%             | 2041-05-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| MIAMI-DADE CNTY FLA                                                 | MIAMI-DADE CNTY FL 5% 10/01/38 | CUSIP: 59333PR75<br>LEI: 549300QG0NBD9HULR263 | Long             | DBT              | MUN               | US        |   2570000 | PA      | $2631817.24   | 0.82%             | 2038-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NORTH LAS VEGAS NEV                                                 | NORTH LAS VEGAS NV 4% 06/01/29 | CUSIP: 66041HGV0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    195000 | PA      | $191054.66    | 0.06%             | 2029-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FLORIDA DEV FIN CORP                                                | FLORIDA ST DEV FIN 4% 06/30/56 | CUSIP: 34061UHH4<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |   1385000 | PA      | $1018746.03   | 0.32%             | 2056-06-30      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FLORIDA DEV FIN CORP                                                | FLORIDA ST DEV FIN 4% 06/01/41 | CUSIP: 34061WBL7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1005000 | PA      | $791809.15    | 0.25%             | 2041-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NORTH PK ISLE CMNTY DEV DIST FLA                                    | NORTH PARK ISLE  4.5% 05/01/40 | CUSIP: 661416AC1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1520000 | PA      | $1417631.95   | 0.44%             | 2040-05-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| NORTH PKWY MUN MGMT DIST NO 1 TEX                                   | NORTH PARKWAY MUNI 5% 09/15/51 | CUSIP: 661441AD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2750000 | PA      | $2620833.33   | 0.82%             | 2051-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OHIO ST AIR QUALITY DEV AUTH                                        | OHIO ST AIR QUALIT 5% 07/01/49 | CUSIP: 67754AAF1<br>LEI: 549300DZUU80AYOR6M80 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1827735.40   | 0.57%             | 2049-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OHIO ST                                                             | OHIO ST HOSP FAC  V/R 01/15/51 | CUSIP: 67756CFH6<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1300000.00   | 0.41%             | 2051-01-15      | Variable      | 1.95%                 | No            |                  2 | On Loan: No      |
| OLD HICKORY CMNTY DEV DIST FLA                                      | OLD HICKORY CDD FL 4% 06/15/40 | CUSIP: 679792AC5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1136283.33   | 0.36%             | 2040-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST TPK COMMN                                           | PENNSYLVANIA ST TU 5% 06/01/39 | CUSIP: 709224PL7<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |     10000 | PA      | $10429.43     | 0.00%             | 2039-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PHILADELPHIA PA                                                     | PHILADELPHIA PA AR 4% 07/01/38 | CUSIP: 717817XU9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $998104.30    | 0.31%             | 2038-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PHILADELPHIA PA AUTH                                                | PHILADELPHIA PA AU 5% 04/01/36 | CUSIP: 71781XAW3<br>LEI: 549300DIY68KQZEW7M79 | Long             | DBT              | MUN               | US        |    215000 | PA      | $213552.36    | 0.07%             | 2036-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PHOENIX ARIZ INDL DEV AUTH                                          | PHOENIX AZ INDL DE 5% 07/01/27 | CUSIP: 71885DCS9<br>LEI: 549300A62PWFBDWB8332 | Long             | DBT              | MUN               | US        |    100000 | PA      | $104417.55    | 0.03%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PHOENIX ARIZ INDL DEV AUTH                                          | PHOENIX AZ INDL DE 4% 12/01/51 | CUSIP: 71885JAB5<br>LEI: 549300A62PWFBDWB8332 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1592128.00   | 0.50%             | 2051-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PIMA CNTY ARIZ INDL DEV AUTH                                        | PIMA CNTY AZ IN 6.75% 11/15/42 | CUSIP: 72178AAG7<br>LEI: 549300QDTQ25545R4K19 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1046499.10   | 0.33%             | 2042-11-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| DOWNTOWN EAST STREETCAR SWR PUB INFRASTRUCTURE DIST UTAH            | DOWNTOWN EAST S 5.75% 03/01/42 | CUSIP: 261151AA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $509109.90    | 0.16%             | 2042-03-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| DUTCHESS CNTY N Y LOC DEV CORP                                      | DUTCHESS CNTY NY L 5% 07/01/40 | CUSIP: 267045NH1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1257639.00   | 0.39%             | 2040-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FOREST LAKE CMNTY DEV DIST FLA                                      | FOREST LAKE CMNTY  4% 05/01/40 | CUSIP: 34585PAC0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $435320.25    | 0.14%             | 2040-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FORT WAYNE IND                                                      | FORT WAYNE IN MF 5.3% 01/01/32 | CUSIP: 34926RAD2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $225376.75    | 0.07%             | 2032-01-01      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| FREDERICK CNTY MD                                                   | FREDERICK CNTY 4.625% 07/01/43 | CUSIP: 355612AE2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    900000 | PA      | $879520.68    | 0.28%             | 2043-07-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| GULFSTREAM POLO CMNTY DEV DIST FLA                                  | GULFSTREAM POL 4.375% 11/01/49 | CUSIP: 40275MAG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1060000 | PA      | $944170.30    | 0.30%             | 2049-11-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| NEWARK HIGHER ED FIN CORP TEX                                       | NEWARK HGR EDU FIN 5% 08/15/42 | CUSIP: 650346FP9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $661977.00    | 0.21%             | 2042-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SOUTHEAST ENERGY AUTH ALA                                           | SOUTHEAST ENERGY  V/R 11/01/51 | CUSIP: 84136FAH0<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |   2425000 | PA      | $2428147.89   | 0.76%             | 2051-11-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| STILLWATER CMNTY DEV DIST FLA                                       | STILLWATER CDD F 3.5% 06/15/41 | CUSIP: 860725AC4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2580000 | PA      | $2049231.05   | 0.64%             | 2041-06-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| TENNESSEE ENERGY ACQUISITION CORP                                   | TENNESSEE ST ENER V/R 11/01/49 | CUSIP: 880443JE7<br>LEI: 549300OJ2Z8PGEY46K92 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2512600.50   | 0.79%             | 2049-11-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| TERN BAY CMNTY DEV DIST FLA                                         | TERN BAY CDD FL SP 4% 06/15/42 | CUSIP: 88088EAC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1070868.63   | 0.33%             | 2042-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| HILLS MINNEOLA CMNTY DEV DIST FLA                                   | HILLS MINNEOLA CMN 4% 05/01/40 | CUSIP: 431688AC4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $872333.70    | 0.27%             | 2040-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| HILLSIDE ILL                                                        | HILLSIDE IL TAX IN 5% 01/01/24 | CUSIP: 432638AC8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     65000 | PA      | $65395.26     | 0.02%             | 2024-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HORACE N D                                                          | HORACE ND 3% 05/01/36          | CUSIP: 440365GV0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    520000 | PA      | $454506.16    | 0.14%             | 2036-05-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| INDIANA ST FIN AUTH                                                 | INDIANA FIN AUT 4.25% 11/01/30 | CUSIP: 45470CAG4<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1989099.20   | 0.62%             | 2030-11-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| INDIANA ST FIN AUTH                                                 | INDIANA ST FIN AUT 5% 01/01/41 | CUSIP: 45471AUB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $825979.50    | 0.26%             | 2041-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| INDIANA ST FIN AUTH                                                 | INDIANA ST FIN AU V/R 05/01/35 | CUSIP: 455054BG0<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   1360000 | PA      | $1402696.38   | 0.44%             | 2035-05-01      | Variable      | 4.50%                 | No            |                  2 | On Loan: No      |
| INDIANA ST FIN AUTH                                                 | INDIANA FIN AUT 5.25% 07/01/28 | CUSIP: 45506DL78<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |    200000 | PA      | $202904.86    | 0.06%             | 2028-07-01      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| JEFFERSON CTR MET DIST NO 1 COLO                                    | JEFFERSON CENT 4.125% 12/01/40 | CUSIP: 47248EAA0<br>LEI: 549300S1EAFO90X8HQ88 | Long             | DBT              | MUN               | US        |    575000 | PA      | $492639.59    | 0.15%             | 2040-12-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| KALISPEL TRIBE INDIANS PRIORITY DISTR WASH                          | KALISPEL TRIBE OF  5% 01/01/32 | CUSIP: 48340PAR3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    560000 | PA      | $585327.29    | 0.18%             | 2032-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KENTUCKY ST UNIV                                                    | KENTUCKY ST UNIV C 4% 11/01/41 | CUSIP: 491588AQ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    230000 | PA      | $233157.95    | 0.07%             | 2041-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| LAKEWOOD RANCH STEWARDSHIP DIST FLA                                 | LAKEWOOD RANCH FL  4% 05/01/50 | CUSIP: 51265KCX4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1325000 | PA      | $1065026.52   | 0.33%             | 2050-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| LANCASTER CNTY PA HOSP AUTH                                         | LANCASTER CNTY PA  5% 06/15/38 | CUSIP: 51404PAG4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1110000 | PA      | $1061724.10   | 0.33%             | 2038-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ARLINGTON TEX HIGHER ED FIN CORP                                    | ARLINGTON TX H 4.125% 02/15/41 | CUSIP: 0418064W7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1645000 | PA      | $1289514.84   | 0.40%             | 2041-02-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| CAPITAL TR AGY FLA                                                  | CAPITAL TRUST AGY  5% 08/01/40 | CUSIP: 14054CDE6<br>LEI: 549300F49UWS7X0OGQ59 | Long             | DBT              | MUN               | US        |    300000 | PA      | $309902.61    | 0.10%             | 2040-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHICAGO ILL                                                         | CHICAGO IL ZCP 01/01/25        | CUSIP: 167486DF3<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |    515000 | PA      | $481246.90    | 0.15%             | 2025-01-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| DISTRICT COLUMBIA                                                   | DIST OF COLUMBIA R 5% 06/01/41 | CUSIP: 25483VYA6<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |    880000 | PA      | $872641.26    | 0.27%             | 2041-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PRAIRIE CTR MET DIST NO 3 COLO LTD PPTY TAX SUPPORTED PRIMARY IMPTS | PRAIRIE CENTER CO  5% 12/15/41 | CUSIP: 739476AE9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1499902.65   | 0.47%             | 2041-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WIS                                                 | PUBLIC FIN AUTH WI 5% 06/01/44 | CUSIP: 74439YCV1<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1900000 | PA      | $1865644.01   | 0.58%             | 2044-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WIS                                                 | PUBLIC FIN AUTH WI 4% 12/01/41 | CUSIP: 74442CDG6<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1299082.65   | 0.41%             | 2041-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CHARLOTTE CNTY FLA INDL DEV AUTH                                    | CHARLOTTE CNTY FL  4% 10/01/41 | CUSIP: 16080TAF2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $627634.43    | 0.20%             | 2041-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CHATTANOOGA TENN HEALTH EDL & HSG FAC BRD                           | CHATTANOOGA TN HLT 5% 10/01/23 | CUSIP: 162410DK7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $25201.75     | 0.01%             | 2023-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHESTER CNTY PA INDL DEV AUTH                                       | CHESTER CNTY PA IN 5% 10/01/34 | CUSIP: 165588CX0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $100875.09    | 0.03%             | 2034-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHICAGO ILL                                                         | CHICAGO IL 5.5% 01/01/40       | CUSIP: 167486P60<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |    750000 | PA      | $815646.83    | 0.26%             | 2040-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CHICAGO ILL                                                         | CHICAGO IL MF H 5.25% 01/01/29 | CUSIP: 167486VD8<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |    400000 | PA      | $410223.52    | 0.13%             | 2029-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CHICAGO ILL BRD ED                                                  | CHICAGO IL BRD OF  5% 12/01/30 | CUSIP: 167505SL1<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |    300000 | PA      | $312909.06    | 0.10%             | 2030-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHICAGO ILL BRD ED                                                  | CHICAGO IL BRD OF  5% 12/01/35 | CUSIP: 167505XL5<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1039320.30   | 0.33%             | 2035-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHICAGO ILL BRD ED                                                  | CHICAGO IL BRD OF  5% 12/01/30 | CUSIP: 167505XV3<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3740405.55   | 1.17%             | 2030-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHICAGO ILL O HARE INTL ARPT                                        | CHICAGO IL O'HARE  5% 01/01/37 | CUSIP: 167593K92<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $428353.56    | 0.13%             | 2037-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PRAIRIE CTR MET DIST NO 7 COLO                                      | PRAIRIE CTR ME 4.125% 12/15/36 | CUSIP: 739491AA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $447875.35    | 0.14%             | 2036-12-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| PRINCETON TEX                                                       | PRINCETON TX S 5.125% 09/01/42 | CUSIP: 742400BS2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $498447.55    | 0.16%             | 2042-09-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WIS CHARTER SCH                                     | PUBLIC FIN AUT 5.125% 07/15/37 | CUSIP: 744396CU4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    375000 | PA      | $376393.84    | 0.12%             | 2037-07-15      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WIS CHARTER SCH                                     | PUBLIC FIN AUTH WI 4% 06/15/30 | CUSIP: 744396FL1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    470000 | PA      | $455091.88    | 0.14%             | 2030-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WIS CHARTER SCH                                     | PUBLIC FIN AUTH WI 5% 06/15/40 | CUSIP: 744396FM9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    810000 | PA      | $799772.62    | 0.25%             | 2040-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WIS CHARTER SCH                                     | PUBLIC FIN AUTH WI 5% 06/15/54 | CUSIP: 744396FN7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    685000 | PA      | $634997.40    | 0.20%             | 2054-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WIS CHARTER SCH                                     | PUBLIC FIN AUTH WI 4% 07/01/30 | CUSIP: 744396FR8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $467848.65    | 0.15%             | 2030-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| HOUSTON TEX                                                         | HOUSTON TX ARPT SY 5% 07/01/27 | CUSIP: 442349DG8<br>LEI: 549300C64URYS0WQQY42 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1284791.50   | 0.40%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| INDEPENDENCE MET DIST NO 3 COLO                                     | INDEPENDENCE ME 6.25% 12/01/49 | CUSIP: 453625AA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $465528.15    | 0.15%             | 2049-12-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| INDIANA ST FIN AUTH                                                 | INDIANA ST FIN AU V/R 11/01/39 | CUSIP: 45471ABR2<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2000000.00   | 0.63%             | 2039-11-01      | Variable      | 1.30%                 | No            |                  2 | On Loan: No      |
| LTC RANCH WEST RESIDENTIAL CMNTY DEV DIST FLA                       | LTC RANCH WEST RSD 4% 05/01/52 | CUSIP: 50218SAD3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1190170.05   | 0.37%             | 2052-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| LA VERNIA TEX HIGHER ED FIN CORP                                    | LA VERNIA TX HG 4.35% 08/15/25 | CUSIP: 505237CJ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    225000 | PA      | $230769.38    | 0.07%             | 2025-08-15      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| NEW YORK TRANSN DEV CORP                                            | NEW YORK ST TRA 5.25% 08/01/31 | CUSIP: 650116CV6<br>LEI: IWUQB36BXD6OWD6X4T14 | Long             | DBT              | MUN               | US        |    865000 | PA      | $892080.99    | 0.28%             | 2031-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ST JAMES PARISH LA                                                  | SAINT JAMES PARIS V/R 12/01/40 | CUSIP: 790103AX3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $542946.50    | 0.17%             | 2040-12-01      | Variable      | 6.10%                 | No            |                  2 | On Loan: No      |
| ST JOHNS CNTY FLA INDL DEV AUTH                                     | SAINT JOHNS CNTY F 4% 12/15/36 | CUSIP: 79041LAM0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $433138.65    | 0.14%             | 2036-12-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ST JOHNS CNTY FLA INDL DEV AUTH                                     | SAINT JOHNS CNTY F 4% 12/15/41 | CUSIP: 79041LAN8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $606724.80    | 0.19%             | 2041-12-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SAN DIEGO CNTY CALIF REGL ARPT AUTH                                 | SAN DIEGO CNTY CA  5% 07/01/46 | CUSIP: 79739GNU6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1060663.10   | 0.33%             | 2046-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SIENA LAKE MET DIST COLO                                            | SIENA LAKE MET DIS 4% 12/01/51 | CUSIP: 82622AAC7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $378050.45    | 0.12%             | 2051-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SIX MILE CREEK CMNTY DEV DIST FLA                                   | SIX MILE CREEK FL  4% 05/01/51 | CUSIP: 83005TBB2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $598222.95    | 0.19%             | 2051-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SOUTH CAROLINA JOBS-ECONOMIC DEV AUTH                               | SOUTH CAROLINA ST  4% 11/15/32 | CUSIP: 837031WJ8<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |    245000 | PA      | $219174.18    | 0.07%             | 2032-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SOUTH CAROLINA JOBS-ECONOMIC DEV AUTH                               | SOUTH CAROLINA ST  5% 11/15/42 | CUSIP: 837031ZK2<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |    580000 | PA      | $542592.20    | 0.17%             | 2042-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SOUTH CHARLESTON W VA SPL DIST                                      | SOUTH CHARLESTON 4.5% 06/01/50 | CUSIP: 837323AB0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1578946.20   | 0.49%             | 2050-06-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| STEEL PT INFRASTRUCTURE IMPT DIST CONN                              | STEEL POINT INFRAS 4% 04/01/36 | CUSIP: 85814YAB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    480000 | PA      | $434085.17    | 0.14%             | 2036-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| TERRE HAUTE IND                                                     | TERRE HAUTE IN M 5.1% 01/01/32 | CUSIP: 881080AA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $531138.42    | 0.17%             | 2032-01-01      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| TEXAS TRANSN COMMN ST HWY FD                                        | TEXAS ST TRANSPRTN 5% 08/15/37 | CUSIP: 88283KAL2<br>LEI: 5493006JSGNPGVJS7691 | Long             | DBT              | MUN               | US        |    250000 | PA      | $256775.63    | 0.08%             | 2037-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ARIZONA INDL DEV AUTH                                               | ARIZONA ST INDL DE 4% 07/01/27 | CUSIP: 04052BCP7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1255000 | PA      | $1227146.66   | 0.38%             | 2027-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ARIZONA INDL DEV AUTH                                               | ARIZONA ST INDL DE 5% 07/15/39 | CUSIP: 04052BHY3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $734876.78    | 0.23%             | 2039-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ARIZONA INDL DEV AUTH                                               | ARIZONA ST INDL DE 5% 12/15/39 | CUSIP: 04052BJC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $402207.12    | 0.13%             | 2039-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ARIZONA INDL DEV AUTH                                               | ARIZONA ST INDL DE 5% 07/15/40 | CUSIP: 04052BMB7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $486928.20    | 0.15%             | 2040-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ARIZONA INDL DEV AUTH                                               | ARIZONA ST INDL DE 4% 12/15/41 | CUSIP: 04052BMS0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $428389.15    | 0.13%             | 2041-12-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ARIZONA INDL DEV AUTH                                               | ARIZONA ST INDL DE 4% 12/15/51 | CUSIP: 04052BMT8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $784165.90    | 0.25%             | 2051-12-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ARIZONA INDL DEV AUTH                                               | ARIZONA ST INDL DE 4% 07/15/51 | CUSIP: 04052BPS7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $390356.70    | 0.12%             | 2051-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ARKANSAS ST DEV FIN AUTH                                            | ARKANSAS DEV FI 5.45% 09/01/52 | CUSIP: 04110FAA3<br>LEI: JNLUVFYJT1OZSIQ24U47 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3001694.70   | 0.94%             | 2052-09-01      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| ARLINGTON TEX HIGHER ED FIN CORP                                    | ARLINGTON TX HGR E 4% 02/15/31 | CUSIP: 0418064V9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1089420.12   | 0.34%             | 2031-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| AUSTIN TEX                                                          | AUSTIN TX ARPT SYS 5% 11/15/46 | CUSIP: 052398FU3<br>LEI: IW10PQVTU7HKS3JMW253 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2056166.20   | 0.64%             | 2046-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OYSTER BAY N Y                                                      | OYSTER BAY NY 2% 03/01/35      | CUSIP: 692160TG9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $432105.10    | 0.14%             | 2035-03-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| PARKLAND PRESV CMNTY DEV DIST FLA                                   | PARKLAND PRESER 5.25% 05/01/39 | CUSIP: 701403AC1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    465000 | PA      | $471120.14    | 0.15%             | 2039-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| PEAK MET DIST NO 1 COLO                                             | PEAK MET DIST #1 C 4% 12/01/35 | CUSIP: 704676AA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $431583.30    | 0.14%             | 2035-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PEAK MET DIST NO 1 COLO                                             | PEAK MET DIST #1 C 5% 12/01/41 | CUSIP: 704676AB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $936977.70    | 0.29%             | 2041-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST TPK COMMN                                           | PENNSYLVANIA ST TU 5% 12/01/46 | CUSIP: 709221VY8<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1089385.10   | 0.34%             | 2046-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PHILADELPHIA PA AUTH                                                | PHILADELPHIA PA AU 4% 06/01/56 | CUSIP: 71780CBJ8<br>LEI: 549300DIY68KQZEW7M79 | Long             | DBT              | MUN               | US        |    850000 | PA      | $635369.73    | 0.20%             | 2056-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ROWLETT TEX                                                         | ROWLETT TX SPL 4.125% 09/15/41 | CUSIP: 779719AK9<br>LEI: 549300XN25SMDVQJM820 | Long             | DBT              | MUN               | US        |    500000 | PA      | $446278.95    | 0.14%             | 2041-09-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| ROWLETT TEX                                                         | ROWLETT TX SPL  4.25% 09/15/51 | CUSIP: 779719AL7<br>LEI: 549300XN25SMDVQJM820 | Long             | DBT              | MUN               | US        |    765000 | PA      | $658883.25    | 0.21%             | 2051-09-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| ST JAMES PARISH LA                                                  | SAINT JAMES PAR 6.35% 07/01/40 | CUSIP: 790103AV7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1088314.80   | 0.34%             | 2040-07-01      | Fixed         | 6.35%                 | No            |                  2 | On Loan: No      |
| UTAH ST CHARTER SCH FIN AUTH                                        | UTAH ST CHRT S 5.625% 06/15/42 | CUSIP: 91754TS61<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1605000 | PA      | $1614490.69   | 0.51%             | 2042-06-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| WASHINGTON ST HIGHER ED FACS AUTH                                   | WASHINGTON ST HGR  4% 05/01/45 | CUSIP: 9397813X6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    875000 | PA      | $854920.15    | 0.27%             | 2045-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| WASHINGTON ST HSG FIN COMMN                                         | WASHINGTON ST HSG  7% 07/01/45 | CUSIP: 939783SG2<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |   2100000 | PA      | $2292863.37   | 0.72%             | 2045-07-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| WASHINGTON ST HSG FIN COMMN                                         | WSHFC 2021-1 A 3.5% 12/20/35   | CUSIP: 93978TS59<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |    975930 | PA      | $920424.62    | 0.29%             | 2035-12-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| HOUSTON TEX                                                         | HOUSTON TX ARPT SY 5% 07/15/27 | CUSIP: 442349DJ2<br>LEI: K1OQBWM7XEOO08LDNP29 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1027958.00   | 0.32%             | 2027-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HOUSTON TEX                                                         | HOUSTON TX ARPT SY 4% 07/15/41 | CUSIP: 442349GA8<br>LEI: K1OQBWM7XEOO08LDNP29 | Long             | DBT              | MUN               | US        |   1035000 | PA      | $932802.55    | 0.29%             | 2041-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS FIN AUTH                                                   | ILLINOIS ST FIN AU 5% 12/01/30 | CUSIP: 452022AY2<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    250000 | PA      | $264889.63    | 0.08%             | 2030-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS FIN AUTH                                                   | ILLINOIS ST FIN AU 5% 12/01/31 | CUSIP: 452022AZ9<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    250000 | PA      | $264333.95    | 0.08%             | 2031-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST                                                         | ILLINOIS ST 5% 04/01/24        | CUSIP: 452152WR8<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |    100000 | PA      | $102462.40    | 0.03%             | 2024-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ALACHUA CNTY FLA HEALTH FACS AUTH                                   | ALACHUA CNTY FL HL 4% 10/01/40 | CUSIP: 010684AW8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $426523.25    | 0.13%             | 2040-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ALLEGHENY CNTY PA HOSP DEV AUTH                                     | ALLEGHENY CNTY PA  5% 04/01/32 | CUSIP: 01728A3S3<br>LEI: 54930046B973R604OG22 | Long             | DBT              | MUN               | US        |    300000 | PA      | $329059.17    | 0.10%             | 2032-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ALLEGHENY CNTY PA HOSP DEV AUTH                                     | ALLEGHENY CNTY PA  4% 07/15/36 | CUSIP: 01728A4X1<br>LEI: 54930046B973R604OG22 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1014511.50   | 0.32%             | 2036-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ALLEGHENY CNTY PA INDL DEV AUTH                                     | ALLEGHENY CNTY 4.875% 11/01/24 | CUSIP: 01730PAA7<br>LEI: JNLUVFYJT1OZSIQ24U47 | Long             | DBT              | MUN               | US        |    500000 | PA      | $503166.65    | 0.16%             | 2024-11-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| ALLISON VY MET DIST NO 2 COLO                                       | ALLISON VLY MET  4.7% 12/01/47 | CUSIP: 01973MAA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1125000 | PA      | $941119.54    | 0.29%             | 2047-12-01      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| ARIZONA INDL DEV AUTH                                               | ARIZONA ST INDL DE 5% 07/01/39 | CUSIP: 04052BKK9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    780000 | PA      | $782087.12    | 0.24%             | 2039-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BALTIMORE MD                                                        | BALTIMORE MD SPL O 5% 09/01/38 | CUSIP: 05923TBY4<br>LEI: 5493006QYFB72E0IOO54 | Long             | DBT              | MUN               | US        |   1020000 | PA      | $1034488.49   | 0.32%             | 2038-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BALTIMORE MD                                                        | BALTIMORE MD SP 2.95% 06/01/27 | CUSIP: 05923TCH0<br>LEI: 5493006QYFB72E0IOO54 | Long             | DBT              | MUN               | US        |    175000 | PA      | $164077.69    | 0.05%             | 2027-06-01      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| BALTIMORE MD                                                        | BALTIMORE MD SP 3.05% 06/01/28 | CUSIP: 05923TCJ6<br>LEI: 5493006QYFB72E0IOO54 | Long             | DBT              | MUN               | US        |    185000 | PA      | $170089.57    | 0.05%             | 2028-06-01      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| DETROIT MICH                                                        | DETROIT MI 5% 04/01/46         | CUSIP: 2510935E6<br>LEI: 549300BQRJP7MKKHOY28 | Long             | DBT              | MUN               | US        |    100000 | PA      | $99472.44     | 0.03%             | 2046-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| EDGEWATER EAST CMNTY DEV DIST FLA                                   | EDGEWATER EAST CDD 4% 05/01/42 | CUSIP: 280286AG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2650000 | PA      | $2271153.88   | 0.71%             | 2042-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| GAINESVILLE FLA                                                     | GAINESVILLE FL UT V/R 10/01/26 | CUSIP: 362848PM9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2175000 | PA      | $2175000.00   | 0.68%             | 2026-10-01      | Variable      | 1.22%                 | No            |                  2 | On Loan: No      |
| GEO L SMITH II GA WORLD CONGRESS CTR AUTH                           | GEO L SMITH II GA  5% 01/01/36 | CUSIP: 37255MAE5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $467884.40    | 0.15%             | 2036-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ELBERT & HWY 86 COML MET DIST COLO                                  | ELBERT & HIGHWAY 8 5% 12/01/41 | CUSIP: 28421SAB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1700000 | PA      | $1562890.24   | 0.49%             | 2041-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SAN FRANCISCO CALIF CITY & CNTY ARPTS COMMN                         | SAN FRANCISCO CALI 5% 05/01/44 | CUSIP: 79766DMA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2101543.00   | 0.66%             | 2044-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GLENDALE ARIZ INDL DEV AUTH                                         | GLENDALE AZ INDL D 5% 05/15/41 | CUSIP: 378287AZ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $475229.10    | 0.15%             | 2041-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GODDARD KANS                                                        | GODDARD KS SALES 3.6% 06/01/30 | CUSIP: 380278AC5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    650000 | PA      | $619651.89    | 0.19%             | 2030-06-01      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| GRANDVIEW RESV MET DIST NO 3 COLO                                   | GRANDVIEW RESER 6.25% 12/01/52 | CUSIP: 386810AA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $964585.00    | 0.30%             | 2052-12-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| SAN FRANCISCO CALIF CITY & CNTY CMNTY FACS DIST NO 2016-1           | SAN FRANCISCO CITY 4% 09/01/46 | CUSIP: 79773JBH9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $911701.10    | 0.29%             | 2046-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SAN LUIS OBISPO CNTY CALIF FING AUTH                                | SAN LUIS OBISPO 5.25% 11/15/42 | CUSIP: 798712DB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1615000 | PA      | $1843922.37   | 0.58%             | 2042-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| UTAH ST CHARTER SCH FIN AUTH                                        | UTAH ST CHRT SCH F 5% 06/15/39 | CUSIP: 91754TYL1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    675000 | PA      | $645857.69    | 0.20%             | 2039-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UTAH ST CHARTER SCH FIN AUTH                                        | UTAH ST CHRT SCH F 5% 06/15/39 | CUSIP: 91754TYQ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    475000 | PA      | $462035.40    | 0.14%             | 2039-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| VILLAMAR CMNTY DEV DIST FLA                                         | VILLAMAR CDD FL SP 4% 05/01/29 | CUSIP: 92715KAB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    230000 | PA      | $226199.80    | 0.07%             | 2029-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| VIRGINIA BEACH VA DEV AUTH                                          | VIRGINIA BEACH VA  5% 09/01/29 | CUSIP: 92774NAL4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1029368.10   | 0.32%             | 2029-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| VIRGINIA SMALL BUSINESS FING AUTH                                   | VIRGINIA ST SMALL  4% 12/01/31 | CUSIP: 928103AQ3<br>LEI: 549300WZQTRG07G0UZ88 | Long             | DBT              | MUN               | US        |    750000 | PA      | $720238.73    | 0.23%             | 2031-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| WAKE CNTY N C INDL FACS & POLLUTION CTL FING AUTH                   | WAKE CNTY NC INDL  4% 06/01/41 | CUSIP: 930868BX1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000510.10   | 0.31%             | 2041-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| WASHINGTON CNTY OHIO                                                | WASHINGTON CNT 6.625% 12/01/42 | CUSIP: 938154DW8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    900000 | PA      | $922141.53    | 0.29%             | 2042-12-01      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| WASHINGTON ST                                                       | WASHINGTON ST 5% 06/01/43      | CUSIP: 93974EPZ3<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |    700000 | PA      | $786922.50    | 0.25%             | 2043-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS FIN AUTH                                                   | ILLINOIS ST FIN AU 5% 02/15/26 | CUSIP: 45203KAF2<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    100000 | PA      | $103641.34    | 0.03%             | 2026-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS FIN AUTH                                                   | ILLINOIS ST FIN AU 5% 02/15/27 | CUSIP: 45203KAG0<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    300000 | PA      | $313691.67    | 0.10%             | 2027-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS FIN AUTH                                                   | ILLINOIS ST FIN AU 5% 02/15/28 | CUSIP: 45203KAH8<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    145000 | PA      | $152062.17    | 0.05%             | 2028-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST                                                         | ILLINOIS ST 5.5% 05/01/26      | CUSIP: 4521526J5<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |    250000 | PA      | $268835.08    | 0.08%             | 2026-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST                                                         | ILLINOIS ST 5% 06/01/27        | CUSIP: 452152D40<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |    200000 | PA      | $211512.04    | 0.07%             | 2027-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST                                                         | ILLINOIS ST 5% 11/01/29        | CUSIP: 452152P21<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2136894.40   | 0.67%             | 2029-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST                                                         | ILLINOIS ST 5% 11/01/24        | CUSIP: 452152P88<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |    545000 | PA      | $564528.33    | 0.18%             | 2024-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MOUNTAIN BROOK MET DIST COLO                                        | MOUNTAIN BROOK M 4.5% 12/01/41 | CUSIP: 62387TAB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    905000 | PA      | $740606.03    | 0.23%             | 2041-12-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| NEW YORK TRANSN DEV CORP                                            | NEW YORK ST TRANSP 4% 10/31/46 | CUSIP: 650110AD1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $447681.65    | 0.14%             | 2046-10-31      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WIS CHARTER SCH                                     | PUBLIC FIN AUTH  4.2% 07/15/27 | CUSIP: 744396CT7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    470000 | PA      | $462127.27    | 0.14%             | 2027-07-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| FOUR CORNERS BUSINESS IMPT DIST COLO                                | FOUR CORNERS BUSIN 6% 12/01/52 | CUSIP: 35084NAA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1406233.05   | 0.44%             | 2052-12-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FULTON CNTY GA RESIDNTIAL CARE FACS ELDERLY AUTH                    | FULTON CNTY GA RSD 5% 07/01/31 | CUSIP: 360059AL3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     55000 | PA      | $55340.29     | 0.02%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FULTON CNTY GA RESIDNTIAL CARE FACS ELDERLY AUTH                    | FULTON CNTY GA RSD 5% 07/01/42 | CUSIP: 360059AP4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1470719.55   | 0.46%             | 2042-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GOLDEN ST TOB SECURITIZATION CORP CALIF                             | GOLDEN ST TOBACCO  5% 06/01/51 | CUSIP: 38122ND90<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1063773.50   | 0.33%             | 2051-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GUAM GOVT WTRWKS AUTH                                               | GUAM GOVT WTRWKS A 5% 01/01/50 | CUSIP: 40065FDF8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    155000 | PA      | $159556.50    | 0.05%             | 2050-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GUAM GOVT                                                           | GUAM GOVT BUSINESS 5% 11/15/35 | CUSIP: 40065NCG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $256000.50    | 0.08%             | 2035-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HARBOR POINT INFRASTRUCTURE IMPT DIST CONN                          | HARBOR POINT CT IN 5% 04/01/39 | CUSIP: 41154VAK5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2502900.00   | 0.78%             | 2039-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HENDERSON KY                                                        | HENDERSON KY EX 4.45% 01/01/42 | CUSIP: 425099AA6<br>LEI: 549300UJ32J1O26W1T80 | Long             | DBT              | MUN               | US        |    875000 | PA      | $845626.86    | 0.26%             | 2042-01-01      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| HENRICO CNTY VA ECONOMIC DEV AUTH                                   | HENRICO CNTY VA EC 5% 10/01/42 | CUSIP: 42605QHK2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1078270.00   | 0.34%             | 2042-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KYLE TEX                                                            | KYLE TX SPL AS 4.125% 09/01/29 | CUSIP: 50156CAB6<br>LEI: 549300K0SYODYQ0ANN48 | Long             | DBT              | MUN               | US        |    250000 | PA      | $246388.08    | 0.08%             | 2029-09-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| KYLE TEX                                                            | KYLE TX SPL AS 4.625% 09/01/39 | CUSIP: 50156CAC4<br>LEI: 549300K0SYODYQ0ANN48 | Long             | DBT              | MUN               | US        |    500000 | PA      | $483888.50    | 0.15%             | 2039-09-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| KYLE TEX                                                            | KYLE TX SPL ASSM 4.5% 09/01/33 | CUSIP: 50156CBD1<br>LEI: 549300K0SYODYQ0ANN48 | Long             | DBT              | MUN               | US        |    690000 | PA      | $690944.75    | 0.22%             | 2033-09-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| LAKEWOOD RANCH STEWARDSHIP DIST FLA                                 | LAKEWOOD RANCH FL  5% 05/01/38 | CUSIP: 51265KBN7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $754424.55    | 0.24%             | 2038-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK TRANSN DEV CORP                                            | NEW YORK ST TRANSP 5% 08/01/31 | CUSIP: 650116BP0<br>LEI: IWUQB36BXD6OWD6X4T14 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000009.60   | 0.31%             | 2031-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SOUTHEAST ENERGY AUTH ALA                                           | SOUTHEAST ENERGY  V/R 05/01/53 | CUSIP: 84136FBB2<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |    800000 | PA      | $838753.52    | 0.26%             | 2053-05-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| SOUTHEAST OVERTOWN PK WEST CMNTY REDEV AGY FLA                      | S E OVERTOWN PARK  5% 03/01/30 | CUSIP: 841466AK1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $254976.80    | 0.08%             | 2030-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ST PAUL MINN HSG & REDEV AUTH                                       | SAINT PAUL MN HSG  5% 12/01/30 | CUSIP: 852297BG4<br>LEI: 549300FQCUW4VH929113 | Long             | DBT              | MUN               | US        |    105000 | PA      | $106954.42    | 0.03%             | 2030-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| STEEL PT INFRASTRUCTURE IMPT DIST CONN                              | STEEL POINT INFRAS 4% 04/01/41 | CUSIP: 85814YAC6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    550000 | PA      | $469641.70    | 0.15%             | 2041-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BLACK BELT ENERGY GAS DIST ALA                                      | BLACK BELT ENERGY V/R 10/01/52 | CUSIP: 09182TAF4<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2004057.60   | 0.63%             | 2052-10-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA STATEWIDE CMNTYS DEV AUTH                                | CALIFORNIA STWD CM 5% 12/01/33 | CUSIP: 13080SVJ0<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |    550000 | PA      | $571462.49    | 0.18%             | 2033-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CAPITAL TR AGY FLA                                                  | CAPITAL TRUST AGY  4% 08/01/30 | CUSIP: 14054CDD8<br>LEI: 549300F49UWS7X0OGQ59 | Long             | DBT              | MUN               | US        |    200000 | PA      | $202794.82    | 0.06%             | 2030-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CAPITAL TR AGY FLA                                                  | CAPITAL TRUST AGY  4% 07/01/41 | CUSIP: 14054CEA3<br>LEI: 549300F49UWS7X0OGQ59 | Long             | DBT              | MUN               | US        |    445000 | PA      | $374243.04    | 0.12%             | 2041-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CAPITAL TR AGY FLA                                                  | CAPITAL TRUST AGY  4% 07/01/51 | CUSIP: 14054CEB1<br>LEI: 549300F49UWS7X0OGQ59 | Long             | DBT              | MUN               | US        |    525000 | PA      | $403752.30    | 0.13%             | 2051-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CASCADE RIDGE MET DIST COLO                                         | CASCADE RIDGE MET  5% 12/01/51 | CUSIP: 147351AA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $852415.00    | 0.27%             | 2051-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHARLOTTE CNTY FLA INDL DEV AUTH                                    | CHARLOTTE CNTY FL  4% 10/01/51 | CUSIP: 16080TAG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $772501.50    | 0.24%             | 2051-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CLACKAMAS CNTY ORE HOSP FAC AUTH                                    | CLACKAMAS CNTY OR  5% 05/15/26 | CUSIP: 179027XQ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    290000 | PA      | $290239.02    | 0.09%             | 2026-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CLACKAMAS CNTY ORE HOSP FAC AUTH                                    | CLACKAMAS CNTY 5.125% 11/15/40 | CUSIP: 179027YL5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $480498.85    | 0.15%             | 2040-11-15      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| CLACKAMAS CNTY ORE HOSP FAC AUTH                                    | CLACKAMAS CNTY 5.375% 11/15/55 | CUSIP: 179027YN1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2250000 | PA      | $2094681.15   | 0.66%             | 2055-11-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT ST HEALTH & EDL FACS AUTH                               | CONNECTICUT ST HLT 5% 12/01/40 | CUSIP: 20774Y7F8<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2039682.20   | 0.64%             | 2040-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT ST HEALTH & EDL FACS AUTH                               | CONNECTICUT ST HLT 5% 01/01/55 | CUSIP: 20775DHJ4<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |    540000 | PA      | $506499.48    | 0.16%             | 2055-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MAINE FIN AUTH                                                      | MAINE ST FIN AUTH 8% 12/01/51  | CUSIP: 56042BBU0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $702030.20    | 0.22%             | 2051-12-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| OHIO ST HIGHER EDL FAC COMMN                                        | OHIO ST HGR EDUCTN 5% 12/01/45 | CUSIP: 67756DXK7<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $956643.30    | 0.30%             | 2045-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OKLAHOMA DEV FIN AUTH                                               | OKLAHOMA ST DEV 7.25% 09/01/51 | CUSIP: 6789083V4<br>LEI: 549300PXGPHUWC32DJ91 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2624296.25   | 0.82%             | 2051-09-01      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| OREGON ST FACS AUTH                                                 | OREGON ST FACS 4.125% 06/01/52 | CUSIP: 68608JZA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $486186.25    | 0.15%             | 2052-06-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| PALM DESERT CALIF                                                   | PALM DESERT CA SPL 4% 09/01/41 | CUSIP: 696627ER5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    450000 | PA      | $427987.31    | 0.13%             | 2041-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| POLK CNTY FLA INDL DEV AUTH                                         | POLK CNTY FL I 5.875% 01/01/33 | CUSIP: 731120NQ0<br>LEI: 549300UTRO4TAORRAL04 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1529827.95   | 0.48%             | 2033-01-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WIS                                                 | PUBLIC FIN AUTH WI 5% 07/01/45 | CUSIP: 74442ECS7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $251771.73    | 0.08%             | 2045-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WIS                                                 | PUBLIC FIN AUTH WI 4% 04/01/42 | CUSIP: 74442PVU6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $836171.80    | 0.26%             | 2042-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO SALES TAX FING CORP                                     | PUERTO RICO SALE 4.5% 07/01/34 | CUSIP: 74529JPU3<br>LEI: 549300EIUFISISP8X671 | Long             | DBT              | MUN               | US        |   1559000 | PA      | $1566485.54   | 0.49%             | 2034-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO SALES TAX FING CORP                                     | PUERTO RICO SAL 4.55% 07/01/40 | CUSIP: 74529JPV1<br>LEI: 549300EIUFISISP8X671 | Long             | DBT              | MUN               | US        |   1605000 | PA      | $1582533.85   | 0.50%             | 2040-07-01      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| RED BRDG PUB INFRASTRUCTURE DIST NO 1 UTAH                          | RED BRIDGE PUB 4.125% 02/01/41 | CUSIP: 756423AB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $397200.25    | 0.12%             | 2041-02-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| RED BRDG PUB INFRASTRUCTURE DIST NO 1 UTAH                          | RED BRIDGE PUB 4.375% 02/01/51 | CUSIP: 756423AC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1153042.95   | 0.36%             | 2051-02-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2023-02-28

**Name of Applicant:** First Trust Exchange-Traded Fund III

**Signature:** Donald P. Swade

**Name of Signer:** First Trust Exchange-Traded Fund III

**Title:** Treasurer, Chief Financial Officer and Chief Accounting Officer