# EDGAR Filing Document

**Accession Number:** 0001723701
**File Stem:** 0001723701-25-000038
**Filing Date:** 2025-8
**Character Count:** 250984
**Document Hash:** 49c553de3cfc3e6de70074b1c28d79b6
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001723701-25-000038.hdr.sgml**: 20250829

**ACCESSION NUMBER**: 0001723701-25-000038

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250829

**DATE AS OF CHANGE**: 20250829

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** PIMCO Flexible Municipal Income Fund
- **CENTRAL INDEX KEY:** 0001723701

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23314
- **FILM NUMBER:** 251277539

**BUSINESS ADDRESS:**
- **STREET 1:** 1633 BROADWAY
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10019
- **BUSINESS PHONE:** (844) 337-4626

**MAIL ADDRESS:**
- **STREET 1:** 1633 BROADWAY
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10019

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** PIMCO Flexible Municipal Income Fund

- **b. Investment Company Act file number:** 811-23314

- **c. CIK number of Registrant:** 0001723701

- **d. LEI of Registrant:** 549300QWR0VUYGU5FE83

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

  - **Street Address 1:** 1633 Broadway

  - **City:** New York

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10019

  - **Telephone number:** (844) 312-2113

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

- **a. Name of Series:** N/A

- **c. LEI of Series:** N/A

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

- **a. Date of fiscal year-end:** 2025-12-31

- **b. Date as of which information is reported:** 2025-06-30

**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:** $2268450073.39

**Total Liabilities:** $641453628.06

**Net Assets:** $1626996445.33

**Cash Not Reported:** $47665162.42

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 19634.172800 | **1-Year:** 59103.992000 | **5-Year:** 225218.487200 | **10-Year:** 622673.438900 | **30-Year:** 30234.452500

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

- **3-Month:** 556.807600 | **1-Year:** 13189.994700 | **5-Year:** 121847.761900 | **10-Year:** 208079.923800 | **30-Year:** 26248.589800

**Monthly Return Information**

| Class        | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID N/A | -1.40%               | -0.38%               | 0.52%                |
| Class ID N/A | -1.40%               | -0.38%               | 0.52%                |
| Class ID N/A | -1.42%               | -0.40%               | 0.50%                |
| Class ID N/A | -1.36%               | -0.33%               | 0.56%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-11320143.34            | $-15635985.58                              |
| Month 2  | $-1700685.32             | $-11960071.48                              |
| Month 3  | $-5584963.55             | $8738102.46                                |

**Designated Index Information**

- **Index Name:** 60% Bloomberg Municipal Bond Long 22+ Total Return Hedged USD Index, 40% Bloomberg Municipal Bond High Yield Total Return Unhedged USD Index

- **Index Identifier:** LM22TR, LMHYTR

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| CHILDRENS TRUST FD TOBACCO SETTLMNT                                              | THE CHILDRENS TRUST FUND PR TO CHIGEN 05/57 ZEROCPNOID 0    | CUSIP: 16876QBL2<br>LEI: N/A                  | Long             | DBT              | MUN               | PR        |  87500000 | PA      | $4828731.25   | 0.30%             | 2057-05-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| CITY SCHOOL DISTRICT OF ALBANY                                                   | ALBANY NY CITY SCH DIST ALBSCD 06/26 FIXED 4                | CUSIP: 012434SY3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4034429.20   | 0.25%             | 2026-06-25      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC MULTIFAMILY ML CERTIFICATES                                          | FREDDIE MAC MULTIFAMILY FRETE 2023 ML17 A                   | CUSIP: 3137HAMK9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | MUN               | US        |   3647384 | PA      | $3174863.88   | 0.20%             | 2043-04-25      | Variable      | 2.99%                 | No            |                  2 | On Loan: No      |
| CHARLOTTE-MECKLENBURG HOSPITAL AUTHORITY                                         | CHARLOTTE MECKLENBURG NC HOSPA CHAMED 01/42 ADJUSTABLE VAR  | CUSIP: 160853VA2<br>LEI: 549300XOH4JU704GMZ32 | Long             | DBT              | MUN               | US        |   8600000 | PA      | $8600000.00   | 0.53%             | 2042-01-15      | Variable      | 1.75%                 | No            |                  2 | On Loan: No      |
| MONTGOMERY COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY/PA                            | MONTGOMERY CNTY PA INDL DEV AU MONDEV 11/44 FIXED 5         | CUSIP: 613609N28<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1244008.35   | 0.08%             | 2044-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WASHINGTON STATE HOUSING FINANCE COMMISSION                                      | WASHINGTON ST HSG FIN COMMISSI WASHSG 07/64 FIXED 7         | CUSIP: 93978LJR8<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |    700000 | PA      | $712569.20    | 0.04%             | 2064-07-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO GOVT                                                                 | PUERTO RICO CMWLTH PRC 07/27 FIXED 5.625                    | CUSIP: 74514L3G0<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | PR        |   2758141 | PA      | $2839063.20   | 0.17%             | 2027-07-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| REUNION METROPOLITAN DISTRICT                                                    | REUNION MET DIST CO SPL REVENU REUFAC 12/44 FIXED OID 3.625 | CUSIP: 76133UAA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5132389 | PA      | $3595462.16   | 0.22%             | 2044-12-01      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA MUNICIPAL FINANCE AUTHORITY                                           | CALIFORNIA ST MUNI FIN AUTH MF CASMFH 11/36 FIXED 4         | CUSIP: 130483ES5<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   3655000 | PA      | $3367098.21   | 0.21%             | 2036-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MAIN STREET NATURAL GAS INC                                                      | MAIN STREET NATURAL GAS INC GA MAIUTL 12/52 ADJUSTABLE VAR  | CUSIP: 56035DEE8<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |  15500000 | PA      | $16095444.90  | 0.99%             | 2052-12-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY                                        | NEW JERSEY ST ECON DEV AUTH EC NJSDEV 04/31 FIXED OID 5.75  | CUSIP: 64577HMH1<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4955006.50   | 0.30%             | 2031-04-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| INDIANAPOLIS LOCAL PUBLIC IMPROVEMENT BOND BANK                                  | INDIANAPOLIS IN LOCAL PUBLIC I 03/57 6.125                  | CUSIP: 45528U6Y2<br>LEI: 549300LX8ESJHDSESB87 | Long             | DBT              | MUN               | US        |   3335000 | PA      | $3457294.45   | 0.21%             | 2057-03-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| CREDIT SUISSE GROUP AG                                                           | CS AT1 CLAIMS US225401AK46 CREDIT SUISSE GROUP AG           | CUSIP: 952NPK908<br>LEI: 549300506SI9CRFV9Z86 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $360000.00    | 0.02%             | 2060-12-31      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| STATE OF ILLINOIS SALES TAX REVENUE                                              | ILLINOIS ST SALES TAX REVENUE ILSGEN 06/31 FIXED 5          | CUSIP: 452227SF9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2185220.80   | 0.13%             | 2031-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ANGELINA & NECHES RIVER AUTHORITY                                                | ANGELINA NECHES RIVER AUTH I ANGDEV 12/45 FIXED 12          | CUSIP: 03469KAG8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9000000 | PA      | $1078305.30   | 0.07%             | 2045-12-01      | Fixed         | 12.00%                | No            |                  2 | On Loan: No      |
| NUVEEN CALIFORNIA QUALITY MUNICIPAL INCOME FUND                                  | NUVEEN CALIFORNIA QUALITY MUNI NUVEEN CA QLTY MUNI INC      | CUSIP: 67066Y105<br>LEI: 549300ZT6V9X5U9BHR46 | Long             | EC               | CORP              | US        |    401979 | NS      | $4490105.43   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| BLACK BELT ENERGY GAS DISTRICT                                                   | BLACK BELT ENERGY GAS DIST AL BBEUTL 06/51 ADJUSTABLE VAR   | CUSIP: 09182NBR0<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   3520000 | PA      | $3564026.05   | 0.22%             | 2051-06-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS DEVELOPMENT FINANCE AGENCY                                         | MASSACHUSETTS ST DEV FIN AGY R MASDEV 07/50 FIXED 6         | CUSIP: 57585BKH0<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2104637.20   | 0.13%             | 2050-07-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| GLADIEUX METALS RECYCLING LLC                                                    | GLADIEUX METALS RECYCLING FIXED TERM LOAN                   | CUSIP: BA000JYK4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2931417 | PA      | $2814159.99   | 0.17%             | 2026-05-06      | Fixed         | 15.00%                | Yes           |                  3 | On Loan: No      |
| NEW HAMPSHIRE HOUSING FINANCE AUTHORITY                                          | NEW HAMPSHIRE ST HSG FIN AUTH NHSSFH 07/55 FIXED 6.5        | CUSIP: 64469D5S6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5395000 | PA      | $6047670.38   | 0.37%             | 2055-07-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| CALHOUN COUNTY NAVIGATION INDUSTRIAL DEVELOPMENT AUTHORITY                       | CALHOUN CNTY TX NAVIGATION IND CLHDEV 07/26 FIXED 3.625     | CUSIP: 129729AC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2250000 | PA      | $2163647.48   | 0.13%             | 2026-07-01      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| COLUMBIA COUNTY HOSPITAL AUTHORITY/GA                                            | COLUMBIA CNTY GA HOSP AUTH CLHMED 04/53 FIXED OID 5.125     | CUSIP: 197479AE8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4360000 | PA      | $4361583.12   | 0.27%             | 2053-04-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| ILLINOIS FINANCE AUTHORITY                                                       | ILLINOIS ST FIN AUTH REVENUE ILSGEN 08/44 ADJUSTABLE VAR    | CUSIP: 45204FM85<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   8500000 | PA      | $8891207.40   | 0.55%             | 2044-08-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK CITY TRANSITIONAL FINANCE AUTHORITY                                     | NEW YORK NY CITY TRANSITIONAL NYCGEN 05/48 FIXED 5.25       | CUSIP: 64972JCD8<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5191908.50   | 0.32%             | 2048-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| COUNTY OF MIAMI-DADE FL AVIATION REVENUE                                         | MIAMI DADE CNTY FL AVIATION RE MIATRN 10/50 FIXED 5         | CUSIP: 593340AC6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5062943.00   | 0.31%             | 2050-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| RHODE ISLAND HEALTH & EDL BLDG CORP                                              | RHODE ISLAND ST HLTH   EDUCTNL RISMED 05/54 FIXED 5.25      | CUSIP: 762244MJ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3650000 | PA      | $3623383.84   | 0.22%             | 2054-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| INDIANA HOUSING FINANCE AUTHOR                                                   | INDIANA ST HSG   CMNTY DEV AUT INSMFH 07/56 ADJUSTABLE VAR  | CUSIP: 45506CAP2<br>LEI: 549300QRKDYVNHT1OE86 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2839117.50   | 0.17%             | 2056-07-01      | Variable      | 6.25%                 | No            |                  2 | On Loan: No      |
| PUBLIC FINANCE AUTHORITY                                                         | PUBLIC FIN AUTH WI REVENUE PUBGEN 11/43 FIXED 5             | CUSIP: 74442PK61<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1008812.50   | 0.06%             | 2043-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CITY OF WHITING INDIANA                                                          | WHITING IN ENVRNMNTL FACS REVE WHGFAC 03/46 ADJUSTABLE VAR  | CUSIP: 96634RAX0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  12500000 | PA      | $12699652.50  | 0.78%             | 2046-03-01      | Variable      | 4.40%                 | No            |                  2 | On Loan: No      |
| FRANKLIN COUNTY CONVENTION FACILITIES AUTHORITY HOTEL PROJECT REVENUE            | FRANKLIN CNTY OH CONVENTION FA FRAFAC 12/44 FIXED 5         | CUSIP: 35317DAM7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $933461.30    | 0.06%             | 2044-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK COUNTIES TOBACCO TRUST V                                                | NEW YORK CNTYS NY TOBACCO TRUS NYSGEN 06/55 ZEROCPNOID 0    | CUSIP: 649441AC6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  26000000 | PA      | $2064116.60   | 0.13%             | 2055-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL WE5063 FR 04/39 FIXED 3.85                | CUSIP: 3132YATU2<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   2994617 | PA      | $2834363.12   | 0.17%             | 2039-04-01      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA COUNTY TOBACCO SECURITIZATION AGENCY                                  | CALIFORNIA CNTY CA TOBACCO SEC CASGEN 06/55 ZEROCPNOID 0    | CUSIP: 13016NFC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5200000 | PA      | $928883.28    | 0.06%             | 2055-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| MAIN STREET NATURAL GAS INC                                                      | MAIN STREET NATURAL GAS INC GA MAIUTL 09/52 ADJUSTABLE VAR  | CUSIP: 56035DDX7<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   6350000 | PA      | $6382148.78   | 0.39%             | 2052-09-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA COMMUNITY HOUSING AGENCY                                              | CALIFORNIA CMNTY HSG AGY ESSEN CCHHSG 08/52 FIXED OID 4.5   | CUSIP: 13013FBH6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $1909567.00   | 0.12%             | 2052-08-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ECONOMIC DEVELOPMENT FINANCING AUTHORITY                            | PENNSYLVANIA ST ECON DEV FING PASDEV 12/30 FIXED 5          | CUSIP: 70869PHU4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6695000 | PA      | $6750346.90   | 0.41%             | 2030-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BENLOCH RANCH IMPROVEMENT ASSOCIATION NO 2                                       | BENLOCH RANCH IMPROV SR UNSECURED 144A 12/51 10             | CUSIP: 082149AA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  10000000 | PA      | $7657808.20   | 0.47%             | 2051-12-01      | Fixed         | 10.00%                | No            |                  3 | On Loan: No      |
| CAPE GIRARDEAU COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY                           | CAPE GIRARDEAU CNTY MO INDL DE CPGMED 03/46 FIXED 4         | CUSIP: 139404HT7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1246154.42   | 0.08%             | 2046-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NEW HOPE CULTURAL EDUCATION FACILITIES FINANCE CORP                              | NEW HOPE CULTURAL EDU FACS FIN NHPFAC 07/46 FIXED 5         | CUSIP: 64542PAV7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4945000 | PA      | $4462862.50   | 0.27%             | 2046-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WISCONSIN HEALTH AND EDUCATIONAL FACILITIES AUTHORITY                            | WISCONSIN HLTH EDL FACS AUTH S WISMED 07/45 FIXED OID 6.375 | CUSIP: 97671VCS2<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   1030000 | PA      | $1055948.07   | 0.06%             | 2045-07-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| METROPOLITAN GOVERNMENT NASHVILLE & DAVIDSON COUNTY INDUSTRIAL DEVELOPMENT BOARD | MET GOVT NASHVILLE   DAVIDSON METDEV 06/43 ZEROCPNOID 0     | CUSIP: 59211SAB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1915000 | PA      | $749603.96    | 0.05%             | 2043-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| BLYTHE TOWNSHIP SOLID WASTE AUTHORITY                                            | BLYTHE TWP PA SOL WST AUTH REV BLYPOL 12/37 FIXED 7.75      | CUSIP: 096464AA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1725000 | PA      | $1878915.54   | 0.12%             | 2037-12-01      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| NEW YORK LIBERTY DEVELOPMENT CORPORATION                                         | NEW YORK ST LIBERTY DEV CORP L NYCDEV 11/40 FIXED 5.375     | CUSIP: 649519DC6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4500000 | PA      | $4499856.45   | 0.28%             | 2040-11-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| MET GOVT NASHVILLE & DAVIDSON CNTY TENN                                          | MET GOVT NASHVILLE   DAVIDSON METHSG 10/38 FIXED OID 4.875  | CUSIP: 592113CG7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4955000 | PA      | $4982251.01   | 0.31%             | 2038-10-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL WE5056 FR 03/41 FIXED 4.6                 | CUSIP: 3132YATM0<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   2600000 | PA      | $2586165.63   | 0.16%             | 2041-03-01      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| ILLINOIS FINANCE AUTHORITY                                                       | ILLINOIS ST FIN AUTH REVENUE ILSGEN 05/43 FIXED 5           | CUSIP: 45204EL97<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1480896.90   | 0.09%             | 2043-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TENNERGY CORP                                                                    | TENNERGY CORP TN GAS REVENUE TGYPWR 12/51 ADJUSTABLE VAR    | CUSIP: 880397BW3<br>LEI: 5493008K3JJFBSC4C235 | Long             | DBT              | MUN               | US        |  10185000 | PA      | $10245352.24  | 0.63%             | 2051-12-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| NUVEEN MUNICIPAL CREDIT INCOME FUND                                              | NUVEEN MUNICIPAL CREDIT INCOME NUVEEN MUNICIPAL CREDIT INC  | CUSIP: 67070X101<br>LEI: 54930078DL3R0VSYW338 | Long             | EC               | CORP              | US        |    462380 | NS      | $5511569.60   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| KENTUCKY ECONOMIC DEVELOPMENT FINANCE AUTHORITY                                  | KENTUCKY ST ECON DEV FIN AUTH KYSMED 07/31 FIXED OID 4.25   | CUSIP: 49126TBA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1380000 | PA      | $1313197.10   | 0.08%             | 2031-07-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| KENTUCKY ECONOMIC DEVELOPMENT FINANCE AUTHORITY                                  | KENTUCKY ST ECON DEV FIN AUTH KYSMED 11/36 FIXED OID 6      | CUSIP: 49126TAW2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    685000 | PA      | $538427.74    | 0.03%             | 2036-11-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS FINANCE AUTHORITY                                                       | ILLINOIS ST FIN AUTH REVENUE ILSGEN 11/34 FIXED 5           | CUSIP: 45204FYL3<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1618444.65   | 0.10%             | 2034-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DELAWARE STATE ECON DEV                                                          | DELAWARE ST ECON DEV AUTH REVE DESDEV 10/45 ADJUSTABLE VAR  | CUSIP: 246387SV7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2476089.00   | 0.15%             | 2045-10-01      | Variable      | 1.25%                 | No            |                  2 | On Loan: No      |
| MIDA MOUNTAIN VILLAGE PUBLIC INFRASTRUCTURE DISTRICT                             | MIDA MOUNTAIN VLG PUBLIC INFRA MMVFAC 08/50 FIXED OID 4     | CUSIP: 59561TAQ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1645695.40   | 0.10%             | 2050-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| TOBACCO SETTLEMENT FING CORP RHODE ISLAN                                         | TOBACCO SETTLEMENT FING CORP R TOBGEN 06/50 FIXED 5         | CUSIP: 888809BG4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $9915130.00   | 0.61%             | 2050-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC ENERGY AUTHORITY OF KENTUCKY INC                                          | KENTUCKY ST PUBLIC ENERGY AUTH KYSPWR 01/55 ADJUSTABLE VAR  | CUSIP: 74440DFC3<br>LEI: 549300XEJZWHYSY4SL55 | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1850025.28   | 0.11%             | 2055-01-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FINANCE AUTHORITY                                                         | PUBLIC FIN AUTH WI REVENUE PUBGEN 09/51 FIXED 4             | CUSIP: 74442PTF2<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    985000 | PA      | $778865.90    | 0.05%             | 2051-09-30      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MIAMI-DADE CNTY EDUCATIONAL REV                                                  | MIAMI DADE CNTY FL EDUCTNL FAC MIAEDU 04/46 FIXED 5         | CUSIP: 59333ANZ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6635000 | PA      | $6655613.62   | 0.41%             | 2046-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FINANCE AUTHORITY                                                         | PUBLIC FIN AUTH WI REVENUE PUBGEN 06/56 FIXED 4.5           | CUSIP: 74442PSG1<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   7670000 | PA      | $5599100.00   | 0.34%             | 2056-06-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| OHIO AIR QUALITY DEVELOPMENT AUTHORITY                                           | OHIO ST AIR QUALITY DEV AUTH E OHSDEV 07/49 FIXED 5         | CUSIP: 67754AAF1<br>LEI: 549300DZUU80AYOR6M80 | Long             | DBT              | MUN               | US        |  13350000 | PA      | $11842883.79  | 0.73%             | 2049-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CITY OF CHICAGO                                                                  | CHICAGO IL COPS TAX INCR ALLOC CHI 03/34 FIXED 5            | CUSIP: 16752QAS7<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |   1483997 | PA      | $1484613.86   | 0.09%             | 2034-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CITY OF PILOT POINT TX                                                           | PILOT POINT TX SPL ASSMNT REVE PILGEN 09/30 FIXED 5         | CUSIP: 721614AV7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $254608.13    | 0.02%             | 2030-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHICAGO OHARE INTERNATIONAL AIRPORT                                              | CHICAGO IL O HARE INTERNATIONA CHITRN 01/56 FIXED 5.25      | CUSIP: 167593Y63<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1013803.10   | 0.06%             | 2056-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| MICHIGAN TOBACCO SETTLEMENT FINANCE AUTHORITY                                    | MICHIGAN ST TOBACCO SETTLEMENT MISGEN 06/46 ZEROCPNOID 0    | CUSIP: 594751AL3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  38000000 | PA      | $4966961.00   | 0.31%             | 2046-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| THIRD CREEK METROPOLITAN DISTRICT NO 1                                           | THIRD CREEK MET DIST  1 CO TCMFAC 12/51 FIXED 4.75          | CUSIP: 88423EAC7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $749550.90    | 0.05%             | 2051-12-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| BLACKROCK MUNIVEST FUND INC                                                      | BLACKROCK MUNIVEST FUND INC BLACKROCK MUNIVEST FUND         | CUSIP: 09253R105<br>LEI: 68LQJ5NLUNQI2T9OLL41 | Long             | EC               | CORP              | US        |    350449 | NS      | $2305954.42   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| NEW HOPE CULTURAL EDUCATION FACILITIES FINANCE CORP                              | NEW HOPE CULTURAL EDU FACS FIN NHPFAC 07/47 FIXED 5         | CUSIP: 64542PDD4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $977334.60    | 0.06%             | 2047-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DOMINION WATER & SANITATION DISTRICT                                             | DOMINION WTR   SANTN DIST CO R DOMWTR 12/32 FIXED 5.25      | CUSIP: 25755AAD3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3170000 | PA      | $3213056.84   | 0.20%             | 2032-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| AFFORDABLE HOUSING OPPORTUNITIES TRUST SERIES AH-01                              | AFFORDABLE HSG OPPORTUNITIES T TENGEN 04/39 FIXED 4.037     | CUSIP: 00826SAN0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  21460000 | PA      | $19481611.18  | 1.20%             | 2039-04-01      | Fixed         | 5.02%                 | No            |                  2 | On Loan: No      |
| TRIBOROUGH BRIDGE AND TUNNEL AUTHORITY                                           | TRIBOROUGH NY BRIDGE   TUNNEL TRBGEN 12/44 FIXED 5          | CUSIP: 896032AV1<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2073631.60   | 0.13%             | 2044-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK STATE DORMITORY AUTHORITY                                               | NEW YORK ST DORM AUTH ST PERSO NYSHGR 02/47 FIXED 4         | CUSIP: 64990FPV0<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   4250000 | PA      | $3787133.35   | 0.23%             | 2047-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| VAIL HOME PARTNERS CORP                                                          | VAIL HOME PARTNERS CORP CO HSG VHPHSG 10/55 FIXED OID 5.875 | CUSIP: 91879VAB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2500621.75   | 0.15%             | 2055-10-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL WE5057 FR 01/40 FIXED 3.85                | CUSIP: 3132YATN8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   4100000 | PA      | $3853095.91   | 0.24%             | 2040-01-01      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| MICHIGAN STATE HOSPITAL FINANCE AUTHORITY                                        | MICHIGAN ST HOSP FIN AUTH MISMED 08/55 ADJUSTABLE VAR       | CUSIP: 59465HXF8<br>LEI: 54930011MIBQ2P7ZNM19 | Long             | DBT              | MUN               | US        |   7000000 | PA      | $7548862.30   | 0.46%             | 2055-08-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| COLORADO BRIDGE & TUNNEL ENTERPRISE                                              | COLORADO BRIDGE   TUNNEL ENTER CBTTRN 12/43 FIXED 5         | CUSIP: 19633TAC5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1033248.60   | 0.06%             | 2043-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CITY OF LONG BEACH CA AIRPORT SYSTEM REVENUE                                     | LONG BEACH CA ARPT REVENUE LONAPT 06/47 FIXED 5.25          | CUSIP: 542403DR8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2020993.20   | 0.12%             | 2047-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| BRAZORIA COUNTY INDUSTRIAL DEVELOPMENT CORP                                      | BRAZORIA CNTY TX INDL DEV CORP BZIFAC 06/43 FIXED 12        | CUSIP: 10604PAF0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6561580 | PA      | $4921185.25   | 0.30%             | 2043-06-01      | Fixed         | 12.00%                | No            |                  2 | On Loan: No      |
| REFLECTION BAY COMMUNITY DEVELOPMENT DISTRICT                                    | REFLECTION BAY CDD FL SPL ASSM REFDEV 05/30 FIXED 4.5       | CUSIP: 75865NAA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    330000 | PA      | $332841.86    | 0.02%             | 2030-05-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| MINNEAPOLIS-ST PAUL METROPOLITAN AIRPORTS COMMISSION                             | MINNEAPOLIS SAINT PAUL MN MET MINAPT 01/34 FIXED 5          | CUSIP: 603827K39<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1060362.50   | 0.07%             | 2034-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SOUTH CAROLINA PUBLIC SERVICES AUTHORITY (AKA: SANTEE COOPER)                    | SOUTH CAROLINA ST PUBLIC SVC A SCSUTL 12/45 FIXED 5         | CUSIP: 8371516M6<br>LEI: EMBXY64GWKA9MZGFUD26 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2028288.80   | 0.12%             | 2045-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA INFRASTRUCTURE AND ECONOMIC DEVELOPMENT BANK                          | CALIFORNIA ST INFRASTRUCTURE CASDEV 01/61 ZEROCPNOID 0      | CUSIP: 13034AR28<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |   2900000 | PA      | $210982.25    | 0.01%             | 2061-01-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| ARIZONA INDUSTRIAL DEVELOPMENT AUTHORITY                                         | ARIZONA ST INDL DEV AUTH SENIO AZSNUR 01/59 INTERAPREC VAR  | CUSIP: 04052TDE2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2484168 | PA      | $1355395.60   | 0.08%             | 2059-01-01      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| GOLDEN STATE TOBACCO SECURITIZATION                                              | GOLDEN ST TOBACCO SECURITIZATI GLDGEN 06/51 FIXED 5         | CUSIP: 38122ND90<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1900000 | PA      | $1872762.93   | 0.12%             | 2051-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MIDA CORMONT PUBLIC INFRASTRUCTURE DISTRICT                                      | MIDA CORMONT PUBLIC INFRASTRUC MCRDEV 06/55 FIXED 6.25      | CUSIP: 59561JAA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    550000 | PA      | $564273.60    | 0.03%             | 2055-06-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| CAPITAL PROJECTS FINANCE AUTHORITY/FL                                            | CAPITAL PROJS FL FIN AUTH STUD CPPHSG 10/32 FIXED 5         | CUSIP: 140427BN4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1350000 | PA      | $1414995.21   | 0.09%             | 2032-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MONTGOMERY COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY/PA                            | MONTGOMERY CNTY PA INDL DEV AU MONDEV 10/34 ADJUSTABLE VAR  | CUSIP: 61361TAC5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5132586.00   | 0.32%             | 2034-10-01      | Variable      | 4.45%                 | No            |                  2 | On Loan: No      |
| WESTERN ASSET MANAGED MUNICIPALS FUND INC                                        | WESTERN ASSET MANAGED MUNICIPA WESTERN ASSET MANAGED MUNICI | CUSIP: 95766M105<br>LEI: 549300HVO8EY2T8K4F73 | Long             | EC               | CORP              | US        |    544800 | NS      | $5393520.00   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| NEW JERSEY ST HSG & MTG FIN AGY MULTI-FA                                         | NEW JERSEY ST HSG   MTGE FIN A NJ HSG + MTGE FIN M          | CUSIP: 64613ALU4<br>LEI: 5493002ONULJL0FIGU24 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2239823.00   | 0.14%             | 2056-04-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| NEW HAMPSHIRE BUSINESS FINANCE AUTHORITY                                         | NATIONAL FIN AUTH NH MUNI CTFS NFADEV 08/39 ADJUST OID VAR  | CUSIP: 63607WAV6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7845544 | PA      | $311625.01    | 0.02%             | 2039-08-20      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| ASHEVILLE HOUSING AUTHORITY                                                      | LAUREL WOOD APARTMENTS FIXED DELAYED DRAW TERM LOAN 2       | CUSIP: BA000LT17<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  13069291 | PA      | $13069291.44  | 0.80%             | 2043-01-01      | Fixed         | 2.21%                 | No            |                  3 | On Loan: No      |
| MET GOVT NASHVILLE & DAVIDSON CNTY TENN                                          | MET GOVT NASHVILLE   DAVIDSON METHSG 10/45 ADJUSTABLE VAR   | CUSIP: 592113CM4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5300000 | PA      | $5299117.02   | 0.33%             | 2045-10-01      | Variable      | 3.25%                 | No            |                  2 | On Loan: No      |
| EMPIRE STATE DEVELOPMENT CORPORATION                                             | NEW YORK ST URBAN DEV CORP SAL NYSFAC 03/37 FIXED 5         | CUSIP: 64985TED9<br>LEI: 54930039Y2EMGXN6LM88 | Long             | DBT              | MUN               | US        |   5800000 | PA      | $6367353.10   | 0.39%             | 2037-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CITY OF DETROIT                                                                  | DETROIT MI DET 05/39 FIXED 6                                | CUSIP: 2510936C9<br>LEI: 549300BQRJP7MKKHOY28 | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1551481.82   | 0.10%             | 2039-05-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FINANCE AUTHORITY                                                       | MICHIGAN ST FIN AUTH LTD OBLIG MISFIN 05/46 FIXED 5         | CUSIP: 594479GQ4<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   1100000 | PA      | $812042.22    | 0.05%             | 2046-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLUMBUS REGIONAL AIRPORT AUTHORITY                                              | COLUMBUS OH REGL ARPT AUTH REV COLAPT 01/55 FIXED 5.5       | CUSIP: 199546DD1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2065703.40   | 0.13%             | 2055-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO SALES TAX FINANCING CORP SALES TAX REVENUE                           | PUERTO RICO SALES TAX FING COR PRCGEN 07/51 ZEROCPNOID 0    | CUSIP: 74529JQH1<br>LEI: N/A                  | Long             | DBT              | MUN               | PR        | 105489000 | PA      | $24664330.35  | 1.52%             | 2051-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ECONOMIC DEVELOPMENT FINANCING AUTHORITY                            | PENNSYLVANIA ST ECON DEV FINGA PASDEV 12/38 ADJUSTABLE VAR  | CUSIP: 708686ES5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2013719.40   | 0.12%             | 2038-12-01      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| COLORADO HEALTH FACILITIES AUTHORITY                                             | COLORADO ST HLTH FACS AUTH REV COSMED 11/48 FIXED 4         | CUSIP: 19648FGQ1<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   4055000 | PA      | $3491458.40   | 0.21%             | 2048-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC MULTIFAMILY ML CERTIFICATES                                          | FREDDIE MAC MULTIFAMILY FRETE 2023 ML15 A                   | CUSIP: 3137HA4G8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | MUN               | US        |   7842439 | PA      | $7546360.21   | 0.46%             | 2040-01-25      | Variable      | 4.14%                 | No            |                  2 | On Loan: No      |
| NEW YORK TRANSPORTATION DEVELOPMENT CORPORATION                                  | NEW YORK ST TRANSPRTN DEV CORP NYTTRN 08/31 FIXED OID 5.25  | CUSIP: 650116CV6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2115000 | PA      | $2163026.36   | 0.13%             | 2031-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CITY OF RENO NV                                                                  | RENO NV SALES TAX REVENUE RENGEN 07/58 ZEROCPNOID 0         | CUSIP: 759861EJ2<br>LEI: 549300M4R5WWSUWY8D52 | Long             | DBT              | MUN               | US        |  25500000 | PA      | $3810092.70   | 0.23%             | 2058-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| CAPITAL TRUST AGENCY INC                                                         | CAPITAL TRUST AGY FL SENIOR LI CPTMED 07/33 FIXED 5         | CUSIP: 140542BH3<br>LEI: 549300F49UWS7X0OGQ59 | Long             | DBT              | MUN               | US        |    500000 | PA      | $112500.00    | 0.01%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TEXAS DEPARTMENT OF HOUSING AND COMMUNITY AFFAIRS                                | TEXAS ST DEPT OF HSG   CMNTY A TXSSFH 01/56 FIXED 6         | CUSIP: 882750G71<br>LEI: 549300J3RRLLZZN4WP77 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5536408.50   | 0.34%             | 2056-01-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FARMINGTON N.M. POLLUTION CONTROL                                                | FARMINGTON NM POLL CONTROL REV FARPOL 04/29 FIXED 1.8       | CUSIP: 311450GA2<br>LEI: 5493000GWMTI2L4AZA61 | Long             | DBT              | MUN               | US        |   8440000 | PA      | $7743108.36   | 0.48%             | 2029-04-01      | Fixed         | 1.80%                 | No            |                  2 | On Loan: No      |
| CMFA SPECIAL FINANCE AGENCY                                                      | CMFA SPL FIN AGY CA ESSENTIAL CMFHSG 08/45 FIXED 4          | CUSIP: 12574WAB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5455000 | PA      | $4612926.92   | 0.28%             | 2045-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SALES TAX SECURITIZATION CORPORATION                                             | SALES TAX SECURITIZATION CORP STSGEN 01/29 FIXED 5          | CUSIP: 79467BCU7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1594781.25   | 0.10%             | 2029-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST                                                                      | ILLINOIS ST ILLINOIS ST B                                   | CUSIP: 452153KC2<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   6000000 | PA      | $6102913.80   | 0.38%             | 2045-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| PUBLIC FINANCE AUTHORITY                                                         | PUBLIC FIN AUTH WI HLTHCARE SY PUBMED 10/52 FIXED 5         | CUSIP: 74447GAB6<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2002651.40   | 0.12%             | 2052-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MUNICIPAL ELECTRIC AUTHORITY OF GEORGIA                                          | MUNI ELEC AUTH OF GEORGIA MELPWR 01/49 FIXED 5              | CUSIP: 626207X25<br>LEI: JA0WNILDDF2KUPS83B16 | Long             | DBT              | MUN               | US        |   6000000 | PA      | $5939448.00   | 0.37%             | 2049-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TOBACCO SECURITIZATION AUTH SOUTHN CAL T                                         | TOBACCO SECURITIZATION AUTH ST TOBGEN 06/54 ZEROCPNOID 0    | CUSIP: 888804CU3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $201198.20    | 0.01%             | 2054-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| LEHIGH CNTY PA                                                                   | LEHIGH CNTY PA GEN PURPOSE HOS LEHMED 08/38 FLOATING VAR    | CUSIP: 52480GDC5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2855000 | PA      | $2816665.34   | 0.17%             | 2038-08-15      | Floating      | 2.72%                 | Yes           |                  2 | On Loan: No      |
| CITY OF MOUNT VERNON IN                                                          | MOUNT VERNON IN ENVRNMNTL IMPT MOUPOL 09/55 ADJUSTABLE VAR  | CUSIP: 623455AC6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1150000 | PA      | $1162473.82   | 0.07%             | 2055-09-01      | Variable      | 4.25%                 | No            |                  2 | On Loan: No      |
| MARYLAND ST HEALTH & HIGHER EDL FACS AUTH REV                                    | MARYLAND ST HLTH   HGR EDUCTNL MDSMED 01/43 FIXED 3.762     | CUSIP: 57421CDT8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1450289.40   | 0.09%             | 2043-01-01      | Fixed         | 3.76%                 | No            |                  2 | On Loan: No      |
| SUFFOLK TOBACCO ASSET SECURITIZATION CORPORATION                                 | SUFFOLK NY TOBACCO ASSET SECUR SFKSEC 06/66 ZEROCPNOID 0    | CUSIP: 864809CD8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  62170000 | PA      | $5534367.18   | 0.34%             | 2066-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| BRAZORIA COUNTY INDUSTRIAL DEVELOPMENT CORP                                      | BRAZORIA CNTY TX INDL DEV CORP BZIFAC 03/39 FIXED 9         | CUSIP: 10604PAB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2390000 | PA      | $1434000.00   | 0.09%             | 2039-03-01      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| AFFORDABLE HOUSING OPPORTUNITIES TRUST SERIES AH-01                              | AFFORDABLE HSG OPPORTUNITIES T TENGEN 04/39 FIXED 7.57      | CUSIP: 00826SAT7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    865000 | PA      | $826620.56    | 0.05%             | 2039-04-01      | Fixed         | 7.57%                 | No            |                  2 | On Loan: No      |
| NEW YORK TRANSPORTATION DEVELOPMENT CORPORATION                                  | NEW YORK ST TRANSPRTN DEV CORP NYTTRN 12/54 FIXED 5.25      | CUSIP: 650116HT6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7000000 | PA      | $7010815.70   | 0.43%             | 2054-12-31      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CITY OF LOS ANGELES DEPARTMENT OF AIRPORTS                                       | LOS ANGELES CA DEPT OF ARPTS A LOSAPT 05/48 FIXED 4         | CUSIP: 544445SD2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $3645953.20   | 0.22%             | 2048-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| INDIANA FINANCE AUTHORITY                                                        | INDIANA ST FIN AUTH UNIV HSG R INSHSG 07/53 FIXED 5.928     | CUSIP: 45471MAC0<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   3655000 | PA      | $3513770.07   | 0.22%             | 2053-07-01      | Fixed         | 5.93%                 | No            |                  2 | On Loan: No      |
| CMFA SPECIAL FINANCE AGENCY                                                      | CMFA SPL FIN AGY CA ESSENTIAL CMFHSG 12/45 FIXED 4          | CUSIP: 12574WAE0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $2658122.60   | 0.16%             | 2045-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA HEALTH FACILITIES FINANCING AUTHORITY                                 | CALIFORNIA ST HLTH FACS FING A CA HLTH FACS A               | CUSIP: 13032UU71<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1759832.38   | 0.11%             | 2044-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| OHIO AIR QUALITY DEVELOPMENT AUTHORITY                                           | OHIO ST AIR QUALITY DEV AUTH OHSDEV 12/38 ADJUSTABLE VAR    | CUSIP: 677525WG8<br>LEI: 549300DZUU80AYOR6M80 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $940637.90    | 0.06%             | 2038-12-01      | Variable      | 2.40%                 | No            |                  2 | On Loan: No      |
| PUBLIC FINANCE AUTHORITY                                                         | PUBLIC FIN AUTH WI EDUCTNL FAC PUBFIN 06/45 FIXED OID 6.5   | CUSIP: 74443DGE5<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   3100000 | PA      | $2665160.21   | 0.16%             | 2045-06-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| KENTUCKY ECONOMIC DEVELOPMENT FINANCE AUTHORITY                                  | KENTUCKY ST ECON DEV FIN AUTH KYSMED 07/50 FIXED OID 5      | CUSIP: 49126TBC5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $3185063.60   | 0.20%             | 2050-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MISSOURI STATE HEALTH AND EDUCATION                                              | MISSOURI ST HLTH   EDUCTNL FAC MOSMED 02/44 FIXED 4         | CUSIP: 60637APV8<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |   2200000 | PA      | $1935759.98   | 0.12%             | 2044-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SAN DIEGO COUNTY REGIONAL AIRPORT AUTHORITY                                      | SAN DIEGO CNTY CA REGL ARPT AU SDGAPT 07/34 FIXED 5         | CUSIP: 79739GNL6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6385000 | PA      | $6749093.13   | 0.41%             | 2034-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OHIO AIR QUALITY DEVELOPMENT AUTHORITY                                           | OHIO ST AIR QUALITY DEV AUTH OHSDEV 11/39 ADJUSTABLE VAR    | CUSIP: 677525WV5<br>LEI: 549300DZUU80AYOR6M80 | Long             | DBT              | MUN               | US        |   5045000 | PA      | $5099585.89   | 0.31%             | 2039-11-01      | Variable      | 4.25%                 | No            |                  2 | On Loan: No      |
| ARLINGTON HIGHER EDUCATION FINANCE CORPORATION                                   | ARLINGTON TX HGR EDU FIN CORP ARLEDU 08/54 FIXED OID 4.125  | CUSIP: 041807LR7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1600000 | PA      | $1377770.56   | 0.08%             | 2054-08-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| VILLAGE COMMUNITY DEVELOPMENT DISTRICT NO 15                                     | VILLAGE CDD NO 15 SPL ASSMNT R VGEDEV 05/28 FIXED 4.25      | CUSIP: 92708KAA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    385000 | PA      | $389010.66    | 0.02%             | 2028-05-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| COUNTY OF CUYAHOGA OH                                                            | CUYAHOGA CNTY OH HOSP REVENUE CUYMED 02/57 FIXED OID 5      | CUSIP: 2322655W4<br>LEI: 549300GHDK9DGLUNJU89 | Long             | DBT              | MUN               | US        |   2705000 | PA      | $2499280.69   | 0.15%             | 2057-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CAPITAL TRUST AGENCY INC                                                         | CAPITAL TRUST AGY FL SENIOR LI CPTMED 07/43 FIXED 5         | CUSIP: 140542BP5<br>LEI: 549300F49UWS7X0OGQ59 | Long             | DBT              | MUN               | US        |    250000 | PA      | $4375.00      | 0.00%             | 2043-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC MULTIFAMILY 2024-ML26                                                | FREDDIE MAC MULTIFAMILY FRETE 2024 ML26 B                   | CUSIP: 35834CAB7<br>LEI: N/A                  | Long             | ABS-MBS          | MUN               | US        |   7800000 | PA      | $5046165.93   | 0.31%             | 2039-01-25      | Variable      | 3.26%                 | No            |                  2 | On Loan: No      |
| FRANKLIN COUNTY OHIO                                                             | FRANKLIN CNTY OH HOSP FACS REV FRAMED 11/42 ADJUSTABLE VAR  | CUSIP: 353187EW3<br>LEI: 549300VCBUC1RZE7KL42 | Long             | DBT              | MUN               | US        |   8940000 | PA      | $8940000.00   | 0.55%             | 2042-11-01      | Variable      | 1.95%                 | No            |                  2 | On Loan: No      |
| CITY OF HOUSTON TX AIRPORT SYSTEM REVENUE                                        | HOUSTON TX ARPT SYS REVENUE HOUAPT 07/37 FIXED 5.5          | CUSIP: 442349HX7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2598663.75   | 0.16%             | 2037-07-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| COLORADO BRIDGE & TUNNEL ENTERPRISE                                              | COLORADO BRIDGE   TUNNEL ENTER CBTTRN 12/42 FIXED 5         | CUSIP: 19633TAB7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1039367.00   | 0.06%             | 2042-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CITY OF WOODLAND CA COMMUNITY FACILITIES DISTRICT NO 2004-1                      | CITY OF WOODLAND CFD NO 2004 1 TERM LOAN                    | CUSIP: 948GDAII6<br>LEI: N/A                  | Long             | LON              | CORP              | US        |  14715722 | PA      | $14274250.22  | 0.88%             | 2034-09-01      | Fixed         | 4.40%                 | Yes           |                  3 | On Loan: No      |
| MUNICIPAL ELECTRIC AUTHORITY OF GEORGIA                                          | MUNI ELEC AUTH OF GA MELPWR 07/63 FIXED OID 4.5             | CUSIP: 62620HEM0<br>LEI: JA0WNILDDF2KUPS83B16 | Long             | DBT              | MUN               | US        |   8000000 | PA      | $7360372.80   | 0.45%             | 2063-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| GDB DEBT RECOVERY AUTHORITY OF PUERTO RICO                                       | GDB DEBT RECOVERY AUTH OF CMWL PRCDEV 08/40 FIXED OID 7.5   | CUSIP: 36829QAA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  17866101 | PA      | $17127293.06  | 1.05%             | 2040-08-20      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | RVPO STATE STREET GLOBAL MARKE USD RVPO FICC SSGM           | CUSIP: 000000000<br>LEI: N/A                  | Long             | RA               |  | US        | 149800000 | PA      | $149800000.00 | 9.21%             |  |  |  | No            |                  2 | On Loan: No      |
| DOMINION WATER & SANITATION DISTRICT                                             | DOMINION WTR   SANTN DIST CO R DOMWTR 12/27 FIXED 5         | CUSIP: 25755AAC5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1659000 | PA      | $1666466.83   | 0.10%             | 2027-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MANOR HOUSING PUBLIC FACILITY CORP                                               | MANOR HSG PUBLIC FAC CORP TX M MNRMFH 11/42 ADJUSTABLE VAR  | CUSIP: 56406AAB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2550000 | PA      | $2554588.47   | 0.16%             | 2042-11-01      | Variable      | 3.40%                 | No            |                  2 | On Loan: No      |
| VIRGINIA SMALL BUSINESS FING AUTH HOSP R                                         | VIRGINIA ST SMALL BUSINESS FIN VASHGR 07/52 FIXED OID 7.5   | CUSIP: 92810PAU5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4170045 | PA      | $2502027.00   | 0.15%             | 2052-07-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO ELECTRIC POWER AUTHORITY                                             | PUERTO RICO ELEC PWR AUTH PWRR PRCPWR 07/29 FIXED 5         | CUSIP: 74526YCY9<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | PR        |  25700000 | PA      | $12528750.00  | 0.77%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BUCKEYE TOBACCO SETTLEMENT FINANCING AUTHORITY                                   | BUCKEYE OH TOBACCO SETTLEMENT BUCGEN 06/57 ZEROCPNOID 0     | CUSIP: 118217DA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        | 100765000 | PA      | $9376687.08   | 0.58%             | 2057-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| STATE OF ILLINOIS SALES TAX REVENUE                                              | ILLINOIS ST SALES TAX REVENUE ILSGEN 06/26 FIXED 5          | CUSIP: 452227HA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3215000 | PA      | $3226032.59   | 0.20%             | 2026-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| METROPOLITAN PIER & EXPOSITION                                                   | MET PIER EXPOSITION AUTH IL MPNFAC 12/37 ZEROCPNOID 0       | CUSIP: 592247L32<br>LEI: 254900I3VDCQ58UGBR15 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1138981.00   | 0.07%             | 2037-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA MUNICIPAL FINANCE AUTHORITY                                           | CALIFORNIA ST MUNI FIN AUTH RE CASFIN 12/43 FIXED 5         | CUSIP: 13048VBY3<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $977438.00    | 0.06%             | 2043-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CITY OF ATLANTA GA AIRPORT PASSENGER FACILITY CHARGE                             | ATLANTA GA ARPT PASSENGER FAC ATLAPT 07/36 FIXED 4          | CUSIP: 04780TDK7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2979024.60   | 0.18%             | 2036-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BRADLEY HEIGHTS METROPOLITAN DISTRICT NO 2                                       | BRADLEY HEIGHTS MET DIST  2 CO BRHDEV 12/51 FIXED 4.75      | CUSIP: 104571AA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6250000 | PA      | $4722705.00   | 0.29%             | 2051-12-01      | Fixed         | 4.81%                 | No            |                  2 | On Loan: No      |
| DALLAS AREA RAPID TRANSIT                                                        | DALLAS TX AREA RAPID TRANSIT S DALTRN 12/51 FIXED 4         | CUSIP: 235241WS1<br>LEI: 75YWM81F2R6UQGJIEW47 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2616177.90   | 0.16%             | 2051-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BLACKROCK NEW YORK MUNICIPAL INCOME TRUST                                        | BLACKROCK NEW YORK MUNICIPAL I BLACKROCK NEW YORK MUNI INC  | CUSIP: 09248L106<br>LEI: PJKTUMDJPIZ89SB71052 | Long             | EC               | CORP              | US        |     40759 | NS      | $394139.53    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| COLLIER COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY                                  | COLLIER CNTY FL INDL DEV 10/54 5                            | CUSIP: 194641BC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2501666.00   | 0.15%             | 2054-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS FINANCE AUTHORITY                                                       | ILLINOIS FIN AUTH SURFACE FREI IL FIN AUTH REMK             | CUSIP: 45203PAD6<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2026359.00   | 0.12%             | 2043-12-01      | Variable      | 4.80%                 | No            |                  2 | On Loan: No      |
| BUILD NYC RESOURCE CORPORATION                                                   | BUILD NYC RESOURCE CORP NY REV BUIGEN 12/50 FIXED OID 5.625 | CUSIP: 12008EPK6<br>LEI: 549300GROJFKMNLWEK84 | Long             | DBT              | MUN               | US        |   6930000 | PA      | $6118854.59   | 0.38%             | 2050-12-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| CITY OF HOUSTON TX AIRPORT SYSTEM REVENUE                                        | HOUSTON TX ARPT SYS REVENUE HOUAPT 07/35 FIXED 5.5          | CUSIP: 442349HV1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5227630.50   | 0.32%             | 2035-07-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| UTAH HSG CORP SINGLE FAMILY MTG REV                                              | UTAH HSG CORP SF MTGE REVENUE UTSSFH 07/55 FIXED 6.25       | CUSIP: 917437PH2<br>LEI: 549300YXWQEI0S47WI02 | Long             | DBT              | MUN               | US        |   3085000 | PA      | $3439012.08   | 0.21%             | 2055-07-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| SUTTER HEALTH                                                                    | SUTTER HEALTH UNSECURED 08/35 5.537                         | CUSIP: 86944BAQ6<br>LEI: 549300MJCC12LU768G81 | Long             | DBT              | CORP              | US        |   3500000 | PA      | $3618953.91   | 0.22%             | 2035-08-15      | Fixed         | 5.54%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL WE5061 FR 01/39 FIXED 4                   | CUSIP: 3132YATS7<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1386000 | PA      | $1329634.64   | 0.08%             | 2039-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| WASHINGTON STATE HOUSING FINANCE COMMISSION                                      | WASHINGTON ST HSG FIN COMMISSI WASHSG 07/38 FIXED 5         | CUSIP: 939783WQ5<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |   1075000 | PA      | $870214.87    | 0.05%             | 2038-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MONTGOMERY ALA MED CLINIC BRD HEALTH REV                                         | MONTGOMERY AL MED CLINIC BRD H MONMED 03/30 FIXED 5         | CUSIP: 613058CX2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4305000 | PA      | $2701387.50   | 0.17%             | 2030-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GOLDEN STATE TOBACCO SECURITIZATION                                              | GOLDEN ST TOBACCO SECURITIZATI GLDGEN 06/41 FIXED 3.714     | CUSIP: 38122ND58<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2970000 | PA      | $2273981.99   | 0.14%             | 2041-06-01      | Fixed         | 3.71%                 | No            |                  2 | On Loan: No      |
| DENTON ESSENTIAL INVESTMENTS PFC                                                 | BBRA 7.215 06/02/59                                         | CUSIP: 955KSCII7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  12800000 | PA      | $12800000.00  | 0.79%             | 2059-06-02      | Fixed         | 7.21%                 | No            |                  3 | On Loan: No      |
| PHILADELPHIA PA AUTH FOR INDL DEV                                                | PHILADELPHIA PA AUTH FOR INDL PHIMFH 12/58 FIXED 5.5        | CUSIP: 717908AM9<br>LEI: 549300DIY68KQZEW7M79 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2589493.25   | 0.16%             | 2058-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| TAMPA HEALTH SYSTEMS                                                             | TAMPA FL CAPITAL IMPT CIGARETT TAMGEN 09/37 ZEROCPNOID 0    | CUSIP: 875146AV4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    800000 | PA      | $459578.72    | 0.03%             | 2037-09-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| NEW HOPE CULTURAL EDUCATION FACILITIES FINANCE CORP                              | NEW HOPE CULTURAL EDU FACS FIN NHPFAC 07/31 FIXED OID 4     | CUSIP: 64542PBU8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2510000 | PA      | $1957800.00   | 0.12%             | 2031-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK CITY OF                                                                 | NEW YORK NY NYC 04/42 ADJUSTABLE VAR                        | CUSIP: 64966QWL0<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5000000.00   | 0.31%             | 2042-04-01      | Variable      | 1.50%                 | No            |                  2 | On Loan: No      |
| LONG ISLAND POWER AUTHORITY                                                      | LONG ISLAND NY PWR AUTH ELEC S LSLPWR 09/51 ADJUSTABLE VAR  | CUSIP: 542691EX4<br>LEI: 1R46U5SYJ63KQXF39168 | Long             | DBT              | MUN               | US        |   2560000 | PA      | $2502744.32   | 0.15%             | 2051-09-01      | Variable      | 1.50%                 | No            |                  2 | On Loan: No      |
| COUNTRY OF MONTGOMERY                                                            | MONTGOMERY CNTY OH SENIOR LIVI MONHSG 04/49 FIXED OID 6.25  | CUSIP: 613554AG9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2558644 | PA      | $31983.05     | 0.00%             | 2049-04-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| CITY OF DETROIT                                                                  | DETROIT MI DET 04/44 ADJUSTABLE VAR                         | CUSIP: 251093S84<br>LEI: 549300BQRJP7MKKHOY28 | Long             | DBT              | MUN               | US        |  10132758 | PA      | $7928876.04   | 0.49%             | 2044-04-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ECONOMIC DEVELOPMENT FINANCING AUTHORITY                            | PENNSYLVANIA ST ECON DEV FING PASDEV 06/53 FIXED OID 5.25   | CUSIP: 70868YAW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $500424.40    | 0.03%             | 2053-06-30      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| NEW YORK COUNTIES TOBACCO TRUST V                                                | NEW YORK CNTYS NY TOBACCO TRUS NYSGEN 06/60 ZEROCPNOID 0    | CUSIP: 649441AE2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  90000000 | PA      | $3590901.00   | 0.22%             | 2060-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ECONOMIC DEVELOPMENT FINANCING AUTHORITY                            | PENNSYLVANIA ST ECON DEV FING PASDEV 07/42 FIXED OID 5      | CUSIP: 70869PPF8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2019676.40   | 0.12%             | 2042-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COOK COUNTY SCHOOL DISTRICT NO 28                                                | COOK CNTY SCH DIST  28 IL COKSCD 12/47 FIXED 5.25           | CUSIP: 213381AD8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1730000 | PA      | $1782069.54   | 0.11%             | 2047-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| DENTON CNTY TEX                                                                  | DENTON CNTY TX SPL ASSMNT REVE DNNDEV 12/45 FIXED 5.875     | CUSIP: 24880GAR0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1007781.60   | 0.06%             | 2045-12-31      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| FARMS NEW KENT COMMUNITY DEVEL                                                   | FARMS NEW KENT VA CMNTY DEV AU FRMDEV 03/36 FIXED 3.75      | CUSIP: 311551AD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5185000 | PA      | $4873239.95   | 0.30%             | 2036-03-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO SALES TAX FINANCING CORP SALES TAX REVENUE                           | PUERTO RICO SALES TAX FING COR PRCGEN 07/58 FIXED OID 5     | CUSIP: 74529JPX7<br>LEI: N/A                  | Long             | DBT              | MUN               | PR        |   8130000 | PA      | $7655156.78   | 0.47%             | 2058-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLORADO STATE                                                                   | COLORADO ST BLDG EXCELLENT SCH COSEDU 03/42 FIXED 4         | CUSIP: 19668QJF3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2757500.70   | 0.17%             | 2042-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MIDA MOUNTAIN VILLAGE PUBLIC INFRASTRUCTURE DISTRICT                             | MIDA MOUNTAIN VLG PUBLIC INFRA MMVDEV 06/54 FIXED 6         | CUSIP: 59561UAD2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4023830.40   | 0.25%             | 2054-06-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| GEISINGER AUTH PA HEALTH SYSTEM                                                  | GEISINGER PA AUTH HLTH SYS REV GEIMED 04/50 FIXED 4         | CUSIP: 368497JV6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7000000 | PA      | $5910795.10   | 0.36%             | 2050-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| WEST VIRGINIA ECONOMIC DEVELOPMENT AUTHORITY                                     | WEST VIRGINIA ST ECON DEV AUTH WVSDEV 04/55 ADJUSTABLE VAR  | CUSIP: 95648VBV0<br>LEI: 549300WW88TKKF5H1220 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4981448.50   | 0.31%             | 2055-04-15      | Variable      | 4.62%                 | No            |                  2 | On Loan: No      |
| CITY OF SACRAMENTO CA                                                            | SACRAMENTO CA SPL TAX SACGEN 09/50 FIXED 4                  | CUSIP: 786071RC6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $827846.20    | 0.05%             | 2050-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CITY OF INDIANAPOLIS IN                                                          | INDIANAPOLIS IN MF HSG REVENUE INPMFH 07/56 ADJUSTABLE VAR  | CUSIP: 45528TBF0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2847565.80   | 0.18%             | 2056-07-01      | Variable      | 6.25%                 | No            |                  2 | On Loan: No      |
| ARIZONA INDUSTRIAL DEVELOPMENT AUTHORITY                                         | ARIZONA ST INDL DEV AUTH ECON AZSDEV 07/51 FIXED 6          | CUSIP: 040523AL6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $45000.00     | 0.00%             | 2051-07-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS FINANCE AUTHORITY                                                       | ILLINOIS ST FIN AUTH REVENUE ILSGEN 02/45 FIXED OID 5.125   | CUSIP: 45204EA73<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    222945 | PA      | $1783.56      | 0.00%             | 2045-02-15      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| CAPITAL TRUST AUTHORITY                                                          | CAPITAL TRUST AUTH FL EDUCTNL CAPITAL TRUST AGY A           | CUSIP: 14054WAM7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3580000 | PA      | $3635129.85   | 0.22%             | 2058-06-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| MISSOURI HOUSING DEVELOPMENT COMMISSION                                          | MISSOURI ST HSG DEV COMMISSION MOSSFH 05/56 FIXED 6.25      | CUSIP: 60637GKP3<br>LEI: 5493007FBL7WCV3NKY25 | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1553178.62   | 0.10%             | 2056-05-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL WE6084 FR 02/40 FIXED 4.9                 | CUSIP: 3132YBXM3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   2966930 | PA      | $3090960.52   | 0.19%             | 2040-02-01      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| MINNESOTA HOUSING FINANCE AGENCY                                                 | MINNESOTA ST HSG FIN AGY MNSHSG 01/55 FIXED 6.25            | CUSIP: 60416UGU3<br>LEI: 549300R89XDTQBK4GE22 | Long             | DBT              | MUN               | US        |   1700000 | PA      | $1889072.30   | 0.12%             | 2055-01-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS STATE                                                              | MASSACHUSETTS ST MAS 10/47 FIXED 5.25                       | CUSIP: 57582RY34<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |   9000000 | PA      | $9431468.10   | 0.58%             | 2047-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| SALES TAX SECURITIZATION CORPORATION                                             | SALES TAX SECURITIZATION CORP STSGEN 01/48 FIXED 4          | CUSIP: 79467BBL8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1850000 | PA      | $1581570.74   | 0.10%             | 2048-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| WISCONSIN HEALTH AND EDUCATIONAL FACILITIES AUTHORITY                            | WISCONSIN HLTH EDL FACS AUTH S WISMED 07/55 FIXED OID 5.875 | CUSIP: 97671VCP8<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   2400000 | PA      | $2319615.84   | 0.14%             | 2055-07-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC MULTIFAMILY 2024-ML25                                                | FREDDIE MAC MULTIFAMILY FRETE 2024 ML25 BCA                 | CUSIP: 30339BAB0<br>LEI: N/A                  | Long             | ABS-MBS          | MUN               | US        |   3800000 | PA      | $2437733.44   | 0.15%             | 2043-01-25      | Variable      | 3.54%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL WE6090 FR 08/40 FIXED 5.21                | CUSIP: 3132YBXT8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   6624558 | PA      | $7101338.76   | 0.44%             | 2040-08-01      | Fixed         | 5.21%                 | No            |                  2 | On Loan: No      |
| MEMPHIS-SHELBY COUNTY INDUSTRIAL DEVELOPMENT BOARD                               | MEMPHIS SHELBY CNTY TN INDL DE MEMDEV 01/46 FIXED OID 5.625 | CUSIP: 58611YAC8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1900000 | PA      | $1248411.91   | 0.08%             | 2046-01-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| EMPIRE STATE DEVELOPMENT CORPORATION                                             | NEW YORK ST URBAN DEV CORP SAL 03/53 5                      | CUSIP: 64985TEV9<br>LEI: 54930039Y2EMGXN6LM88 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1012516.00   | 0.06%             | 2053-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO GOVT                                                                 | PUERTO RICO CMWLTH PRC 11/43 ADJUSTABLE VAR                 | CUSIP: 74514L3T2<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | PR        |   9672124 | PA      | $5960446.40   | 0.37%             | 2043-11-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| ARIZONA INDUSTRIAL DEVELOPMENT AUTHORITY                                         | ARIZONA ST INDL DEV AUTH SENIO AZSNUR 01/59 FIXED 5.125     | CUSIP: 04052TDD4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5333444 | PA      | $4199410.34   | 0.26%             | 2059-01-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| NEW YORK TRANSPORTATION DEVELOPMENT CORPORATION                                  | NEW YORK ST TRANSPRTN DEV CORP NYTTRN 10/30 FIXED OID 4     | CUSIP: 650116CX2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8000000 | PA      | $7865719.20   | 0.48%             | 2030-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| AUSTIN HOUSING FINANCE CORPORATION                                               | AUSTIN TX HSG FIN CORP AUSMFH 11/42 ADJUSTABLE VAR          | CUSIP: 052425HY4<br>LEI: 549300UBTYKESVNBXV64 | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1765937.78   | 0.11%             | 2042-11-01      | Variable      | 3.40%                 | No            |                  2 | On Loan: No      |
| HAMILTON BLUFF COMMUNITY DEVELOPMENT DISTRICT                                    | HAMILTON BLUFF CMNTY DEV 05/54 5.8                          | CUSIP: 40702EAC0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $961118.40    | 0.06%             | 2054-05-01      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC MULTIFAMILY ML CERTIFICATES                                          | FREDDIE MAC MULTIFAMILY FRETE 2024 ML21 AUS                 | CUSIP: 3137HC2E1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | MUN               | US        |   6868689 | PA      | $7057809.69   | 0.43%             | 2041-08-25      | Fixed         | 4.52%                 | Yes           |                  2 | On Loan: No      |
| PUBLIC FINANCE AUTHORITY                                                         | PUBLIC FIN AUTH WI HLTHCARE SY PUBMED 10/55 ADJUSTABLE VAR  | CUSIP: 74447GAC4<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |  12605000 | PA      | $12605000.00  | 0.77%             | 2055-10-01      | Variable      | 1.95%                 | No            |                  2 | On Loan: No      |
| VIRGINIA SMALL BUSINESS FING AUTH HOSP R                                         | VIRGINIA SMALL BUSINESS FING A VASDEV 12/56 FIXED 5         | CUSIP: 928097AD6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7135000 | PA      | $6684508.23   | 0.41%             | 2056-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| VILLAGE METROPOLITAN DISTRICT/THE                                                | VILLAGE MET DIST CO VLLFAC 12/40 FIXED 5                    | CUSIP: 92708CAB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $986067.50    | 0.06%             | 2040-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SAN FRANCISCO CITY & COUNTY AIRPORT COMM-SAN FRANCISCO INTERNATIONAL AIRPORT     | SAN FRANCISCO CALIF CITY  CNTY SFOAPT 05/41 FIXED 5         | CUSIP: 79766DGE3<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |   7500000 | PA      | $7500084.75   | 0.46%             | 2041-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY                                        | NEW JERSEY ST ECON DEV AUTH RE NJSDEV 11/36 FIXED 5         | CUSIP: 64577XDW3<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2656642.25   | 0.16%             | 2036-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CENTERRA METROPOLITAN DISTRICT NO 1                                              | CENTERRA CO MET DIST  1 SPL RE CETGEN 12/37 FIXED 5         | CUSIP: 15200XAF0<br>LEI: 549300SHE5ZPSMGZH793 | Long             | DBT              | MUN               | US        |   4500000 | PA      | $4500358.65   | 0.28%             | 2037-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WILD RIVERS WATER PARK                                                           | WILD RIVERS WATER PARK SECURED 11/51 8.5                    | CUSIP: 96810LAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   5300000 | PA      | $3319125.00   | 0.20%             | 2051-11-01      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| RIVER ISLANDS PUBLIC FINANCING AUTHORITY                                         | RIVER ISLANDS CA PUBLIC FING A RVIGEN 09/52 FIXED OID 5.75  | CUSIP: 76827QHK2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3071568.30   | 0.19%             | 2052-09-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| PUBLIC ENERGY AUTHORITY OF KENTUCKY INC                                          | KENTUCKY ST PUBLIC ENERGY AUTH KYSPWR 06/55 ADJUSTABLE VAR  | CUSIP: 74440DFN9<br>LEI: 549300XEJZWHYSY4SL55 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1586326.50   | 0.10%             | 2055-06-01      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| SAN ANTONIO WATER SYSTEM                                                         | SAN ANTONIO TX WTR REVENUE SANWTR 05/45 FIXED 4             | CUSIP: 79642BW41<br>LEI: 549300S7VENCVRZAA322 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $8778398.00   | 0.54%             | 2045-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST                                                                      | ILLINOIS ST ILS 12/43 FIXED 5                               | CUSIP: 452153HP7<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   7200000 | PA      | $7266179.52   | 0.45%             | 2043-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NORTH CAROLINA HOUSING FINANCE AGENCY                                            | NORTH CAROLINA ST HSG FIN AGY NCSHSG 01/55 FIXED 6.25       | CUSIP: 6582077Q2<br>LEI: EC4EE0PS5OP5O69B5C39 | Long             | DBT              | MUN               | US        |   1800000 | PA      | $1994639.58   | 0.12%             | 2055-01-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| ILLINOIS FINANCE AUTHORITY                                                       | ILLINOIS ST FIN AUTH REVENUE ILSGEN 08/39 FIXED 4           | CUSIP: 45204FBD6<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   5370000 | PA      | $4992745.69   | 0.31%             | 2039-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| RIO HONDO CALIF CMNTY COLLEGE DIST                                               | RIO HONDO CA CMNTY CLG DIST RHDHGR 08/46 ZEROCPNOID 0       | CUSIP: 767121EV4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $1415559.20   | 0.09%             | 2046-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| LYNCHBURG ECONOMIC DEVELOPMENT AUTHORITY                                         | LYNCHBURG VA ECON DEV AUTH HOS LNCMED 01/41 FIXED 4         | CUSIP: 55123TBP6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    455000 | PA      | $422583.48    | 0.03%             | 2041-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK CITY OF                                                                 | NEW YORK NY NYC 04/42 ADJUSTABLE VAR                        | CUSIP: 64966QWQ9<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |  25835000 | PA      | $25835000.00  | 1.59%             | 2042-04-01      | Variable      | 1.50%                 | No            |                  2 | On Loan: No      |
| CAPITAL PROJECTS FINANCE AUTHORITY/FL                                            | CAPITAL PROJS FL FIN AUTH STUD CPPHSG 10/31 FIXED 5         | CUSIP: 140427BM6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1580915.40   | 0.10%             | 2031-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FINANCE AUTHORITY                                                         | PUBLIC FIN AUTH WI REVENUE PUBGEN 11/44 FIXED 5             | CUSIP: 74442PK79<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1004251.60   | 0.06%             | 2044-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BLACK BELT ENERGY GAS DISTRICT                                                   | BLACK BELT ENERGY GAS DIST AL BLACK BELT ENGY GAS C         | CUSIP: 09182TDB0<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   5400000 | PA      | $5832180.90   | 0.36%             | 2054-10-01      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| ALAMEDA CORRIDOR TRANSPORTATION AUTHORITY                                        | ALAMEDA CA CORRIDOR TRANSPRTN ALATRN 10/47 INT APROID VAR   | CUSIP: 010869JM8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4500000 | PA      | $2567071.35   | 0.16%             | 2047-10-01      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| INDIANA FINANCE AUTHORITY                                                        | INDIANA ST FIN AUTH EXEMPT FAC INSGEN 03/39 FIXED OID 7     | CUSIP: 45470DAA5<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |  10490000 | PA      | $1576659.59   | 0.10%             | 2039-03-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| ENERGY NORTHWEST                                                                 | ENERGY N W WA ELEC REVENUE ENEPWR 07/41 FIXED 5             | CUSIP: 29270C6T7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3194305.20   | 0.20%             | 2041-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DU PAGE & WILL CNTYS ILL SCH DIST NO 204                                         | DU PAGE WILL CNTYS IL CMNTYS DUPSCD 01/40 FIXED 5           | CUSIP: 262608TN2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3197399.10   | 0.20%             | 2040-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FLORIDA DEVELOPMENT FINANCE CORPORATION                                          | FLORIDA ST DEV FIN CORP FLORIDA DEV FIN CORP                | CUSIP: 340618DV6<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |   3250000 | PA      | $3246958.33   | 0.20%             | 2053-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO SALES TAX FINANCING CORP SALES TAX REVENUE                           | PUERTO RICO SALES TAX FING COR PRCGEN 07/46 ZEROCPNOID 0    | CUSIP: 74529JQG3<br>LEI: N/A                  | Long             | DBT              | MUN               | PR        |  63970000 | PA      | $20380509.36  | 1.25%             | 2046-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| AURORA HIGHLANDS COMMUNITY AUTHORITY BOARD                                       | AURORA HIGHLANDS CMNTY AUTH BR AHIDEV 12/51 FIXED 5.75      | CUSIP: 05164HAV5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $3678183.20   | 0.23%             | 2051-12-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| GREATER ORLANDO AVIATION AUTHORITY                                               | GTR ORLANDO FL AVIATION AUTH A GREAPT 10/40 FIXED 5         | CUSIP: 392274J72<br>LEI: 549300CP6PUG5S184F61 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4999920.50   | 0.31%             | 2040-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TEXAS WATER DEVELOPMENT BOARD                                                    | TEXAS WTR DEV BRD REVENUE TXSWTR 10/57 FIXED 5              | CUSIP: 88285ABK3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1767951.85   | 0.11%             | 2057-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BLACKROCK MUNIHOLDINGS FUND INC                                                  | BLACKROCK MUNIHOLDINGS FUND IN BLACKROCK MUNIHOLDINGS FUND  | CUSIP: 09253N104<br>LEI: MZBVMGS24JR92TGE6Z32 | Long             | EC               | CORP              | US        |    458140 | NS      | $5131168.00   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| LOWER ALABAMA GAS DISTRICT/THE                                                   | LOWER AL GAS DIST GAS PROJ REV LWRUTL 09/46 FIXED 5         | CUSIP: 547804AE4<br>LEI: 549300YTI1NTDG2OVU42 | Long             | DBT              | MUN               | US        |   1375000 | PA      | $1403555.04   | 0.09%             | 2046-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BUILD NYC RESOURCE CORPORATION                                                   | BUILD NYC RESOURCE CORP NY REV BUIGEN 06/32 FIXED 5         | CUSIP: 12008ETH9<br>LEI: 549300GROJFKMNLWEK84 | Long             | DBT              | MUN               | US        |    200000 | PA      | $203667.80    | 0.01%             | 2032-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DISTRICT OF COLUMBIA INCOME TAX REVENUE                                          | DIST OF COLUMBIA INCOME TAX SE DISGEN 06/42 FIXED 5         | CUSIP: 25477GYJ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4750000 | PA      | $5011100.85   | 0.31%             | 2042-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MAIN STREET NATURAL GAS INC                                                      | MAIN STREET NATURAL GAS INC GA MAIUTL 05/54 ADJUSTABLE VAR  | CUSIP: 56035DGT3<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2114515.00   | 0.13%             | 2054-05-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| METROPOLITAN WASHINGTON AIRPORTS AUTHORITY AVIATION REVENUE                      | MET WASHINGTON DC ARPTS AUTH A METAPT 10/38 FIXED 5         | CUSIP: 592647FM8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3200000 | PA      | $3237946.56   | 0.20%             | 2038-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MUNICIPALITY OF ANCHORAGE AK SOLID WASTE SERVICES REVENUE                        | ANCHORAGE AK SOL WST SVCS REVE ANCPOL 11/62 FIXED 5.25      | CUSIP: 033262AW6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5450000 | PA      | $5592898.46   | 0.34%             | 2062-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CSCDA COMMUNITY IMPROVEMENT AUTHORITY                                            | CSCDA CMNTY IMPT AUTH CA ESSEN CDAHSG 02/57 FIXED 4         | CUSIP: 126292AX9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5500000 | PA      | $3980066.75   | 0.24%             | 2057-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL WE6122 FR 12/38 FIXED 3.8                 | CUSIP: 3132YBYT7<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   8797118 | PA      | $8326709.92   | 0.51%             | 2038-12-01      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| VIRGINIA SMALL BUSINESS FING AUTH HOSP R                                         | VIRGINIA ST SMALL BUSINESS FIN VASHGR 07/61 ZEROCPNOID 0    | CUSIP: 92810PAY7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  29035000 | PA      | $789069.68    | 0.05%             | 2061-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| KENTUCKY ST PPTY & BLDGS COMMN REVS                                              | KENTUCKY ST PROPERTY   BLDGS C KYSFAC 11/34 FIXED 4         | CUSIP: 49151FC99<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1256904.75   | 0.08%             | 2034-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| AVENIR COMMUNITY DEVELOPMENT DISTRICT                                            | AVENIR FL CDD SPL ASSMNT AVRDEV 05/43 FIXED OID 5.375       | CUSIP: 05357JAR7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3440000 | PA      | $3411823.30   | 0.21%             | 2043-05-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| BUCKEYE TOBACCO SETTLEMENT FINANCING AUTHORITY                                   | BUCKEYE OH TOBACCO SETTLEMENT BUCGEN 06/55 FIXED 5          | CUSIP: 118217CZ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  21000000 | PA      | $17928592.50  | 1.10%             | 2055-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| IOWA FINANCE AUTHORITY                                                           | IOWA ST FIN AUTH MIDWSTRN DISA IASGEN 12/50 ADJUSTABLE VAR  | CUSIP: 46246SAW5<br>LEI: 549300NQVL49BTHOW391 | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1281612.96   | 0.08%             | 2050-12-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FINANCE AUTHORITY                                                       | MICHIGAN ST FIN AUTH REVENUE MISFIN 06/45 ZEROCPNOID 0      | CUSIP: 59447TJ20<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $1333086.50   | 0.08%             | 2045-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| INDIANA FINANCE AUTHORITY                                                        | INDIANA FIN AUTH MIDWESTERN DI INDGEN 11/30 FIXED 4.25      | CUSIP: 45470CAG4<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   4250000 | PA      | $4332372.23   | 0.27%             | 2030-11-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| CLIFTON HIGHER EDUCATION FINAN                                                   | CLIFTON TX HGR EDU FIN CORP ED CLIEDU 02/41 FIXED 5         | CUSIP: 187145VK0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3850000 | PA      | $3996215.30   | 0.25%             | 2041-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CLEVELAND-CUYAHOGA COUNTY PORT AUTHORITY                                         | CLEVELAND CUYAHOGA CNTY OH POR CLETRN 12/55 FIXED 4         | CUSIP: 18611HAB1<br>LEI: 549300KI3FXFLUKF3A98 | Long             | DBT              | MUN               | US        |    945000 | PA      | $716316.24    | 0.04%             | 2055-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ALAMEDA CORRIDOR TRANSPORTATION AUTHORITY                                        | ALAMEDA CA CORRIDOR TRANSPRTN ALATRN 10/50 INT APROID VAR   | CUSIP: 010869JQ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1115290.40   | 0.07%             | 2050-10-01      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| BLACK BELT ENERGY GAS DISTRICT                                                   | BLACK BELT ENERGY GAS DIST AL BBEUTL 06/49 ADJUSTABLE VAR   | CUSIP: 09182TCR6<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   3840000 | PA      | $4051603.20   | 0.25%             | 2049-06-01      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | US 10YR NOTE (CBT)SEP25 XCBT 20250919                       | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |       -50 | NC      | $-79757.50    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| CHARLESTON COUNTY AIRPORT DISTRICT                                               | CHARLESTON CNTY SC ARPT DIST A CHARLESTON ARPT A AMT        | CUSIP: 160070EJ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3561779.90   | 0.22%             | 2049-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| PUBLIC FINANCE AUTHORITY                                                         | PUBLIC FIN AUTH WI EDUCTNL FAC PUBFIN 10/54 FIXED 5.875     | CUSIP: 74443DFP1<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $927692.55    | 0.06%             | 2054-10-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| CITY OF LAS VEGAS NV SALES TAX INCREMENT REVENUE                                 | LAS VEGAS NV SALES TAX INCREME LASGEN 06/35 FIXED OID 4.375 | CUSIP: 517741AC8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2235000 | PA      | $2137086.44   | 0.13%             | 2035-06-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| UNION COUNTY IMPROVEMENT AUTHORITY                                               | UNION CNTY NJ IMPT AUTH SOL WS UNNUTL 06/41 FIXED 8.5       | CUSIP: 906352AC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $3407527.00   | 0.21%             | 2041-06-01      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA TURNPIKE COMMISSION                                                 | PENNSYLVANIA ST TURNPIKE COMMI PASTRN 12/37 INT APROID VAR  | CUSIP: 709224BV0<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |   5665000 | PA      | $5459349.74   | 0.34%             | 2037-12-01      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST                                                                      | ILLINOIS ST ILS 06/37 FIXED OID 4                           | CUSIP: 452152E64<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1308718.18   | 0.08%             | 2037-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MOON INDUSTRIAL DEVELOPMENT AUTHORITY                                            | MOON INDL DEV AUTH PA REVENUE MOODEV 07/45 FIXED OID 6      | CUSIP: 61543RAT3<br>LEI: 549300CGX4T1GTNHL435 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4341368.50   | 0.27%             | 2045-07-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST                                                                      | ILLINOIS ST ILLINOIS ST B                                   | CUSIP: 452153JS9<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   8150000 | PA      | $8787293.33   | 0.54%             | 2035-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LOWER COLORADO RIVER AUTHORITY EMPLOYEES UNITED C                                | LOWER COLORADO RIVER TX AUTH T LWCGEN 05/50 FIXED 5         | CUSIP: 54811BR78<br>LEI: 549300QJFPW2NNBYR215 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1010752.40   | 0.06%             | 2050-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TAMPA HEALTH SYSTEMS                                                             | TAMPA FL CAPITAL IMPT CIGARETT TAMGEN 09/40 ZEROCPNOID 0    | CUSIP: 875146AY8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $476724.60    | 0.03%             | 2040-09-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| TULSA MUNICIPAL AIRPORT TRUST TRUSTEES/OK                                        | TULSA OK MUNI ARPT TRUST TRUST TULAPT 12/40 FIXED 6.25      | CUSIP: 899661EN8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5500000 | PA      | $5973510.95   | 0.37%             | 2040-12-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| PIMA COUNTRY INDUSTRIAL DEVELOPMENT                                              | PIMA CNTY AZ INDL DEV AUTH EDU PIMDEV 07/49 FIXED 5         | CUSIP: 72177MTN7<br>LEI: 549300QDTQ25545R4K19 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1050000.00   | 0.06%             | 2049-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK TRANSPORTATION DEVELOPMENT CORPORATION                                  | NEW YORK ST TRANSPRTN DEV CORP NYTTRN 01/36 FIXED 5         | CUSIP: 650116CP9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $504103.40    | 0.03%             | 2036-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHANDLER INDUSTRIAL DEVELOPMEN                                                   | CHANDLER AZ INDL DEV AUTH INDL CHADEV 06/49 ADJUSTABLE VAR  | CUSIP: 158862CE0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8800000 | PA      | $8783282.64   | 0.54%             | 2049-06-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FINANCE AUTHORITY                                                         | PUBLIC FIN AUTH WI PROJ REVENU PUBFIN 01/50 FIXED OID 7     | CUSIP: 74444UAC6<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1027956.00   | 0.06%             | 2050-01-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| CHICAGO OHARE INTERNATIONAL AIRPORT                                              | CHICAGO IL O HARE INTERNATIONA CHITRN 01/52 FIXED 5         | CUSIP: 167593WS7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $996575.00    | 0.06%             | 2052-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| INDIANA FINANCE AUTHORITY                                                        | INDIANA ST FIN AUTH ENVRNMNTL INSENV 08/29 FIXED 1.4        | CUSIP: 455059AK1<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1787659.00   | 0.11%             | 2029-08-01      | Fixed         | 1.40%                 | No            |                  2 | On Loan: No      |
| BLACKROCK MUNIYIELD QUALITY FUND III INC                                         | BLACKROCK MUNIYIELD QUALITY FU BLACKROCK MUNIYIELD QLTY III | CUSIP: 09254E103<br>LEI: UB5J2GS6Q51M6A2L8886 | Long             | EC               | CORP              | US        |    490934 | NS      | $5149897.66   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| MARYLAND ST HEALTH & HIGHER EDL FACS AUTH REV                                    | MARYLAND ST HLTH   HGR EDUCTNL MDSMED 06/36 FIXED 4         | CUSIP: 57421CCC6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $188979.04    | 0.01%             | 2036-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| THE PORT AUTHORITY OF NEW YORK AND NEW JERSEY                                    | PORT AUTH OF NEW YORK   NEW JE PORTRN 06/94 FIXED OID 6.125 | CUSIP: 733580S88<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2002910.80   | 0.12%             | 2094-06-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| NEW YORK STATE DORMITORY AUTHORITY                                               | NEW YORK ST DORM AUTH REVENUES NYSHGR 07/40 FIXED 5         | CUSIP: 64985SBP7<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   2165000 | PA      | $2266496.07   | 0.14%             | 2040-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COUNTY OF GRAND FORKS                                                            | GRAND FORKS CNTY ND GRADEV 12/31 FIXED 6.625                | CUSIP: 38543PAE8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $15.00        | 0.00%             | 2031-12-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| REGENTS OF THE UNIVERSITY OF CALIFORNIA MEDICAL CENTER POOLED REVENUE            | UNIV OF CALIFORNIA CA RGTS MED UNVHGR 05/32 ADJUSTABLE VAR  | CUSIP: 913366AW0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  12945000 | PA      | $12945000.00  | 0.80%             | 2032-05-15      | Variable      | 0.75%                 | No            |                  2 | On Loan: No      |
| CMFA SPECIAL FINANCE AGENCY VIII                                                 | CMFA SPL FIN AGY VIII CA ESSEN CMFHSG 08/47 FIXED 4         | CUSIP: 12574VAB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2780000 | PA      | $2434559.42   | 0.15%             | 2047-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA HOUSING FINANCE AGENCY                                                | CALIFORNIA HSG FIN AGY LTD OBL CASMFH 03/53 ADJUSTABLE VAR  | CUSIP: 13034DAK0<br>LEI: 549300BOPCVLBA552Z14 | Long             | DBT              | MUN               | US        |   3250000 | PA      | $3101447.38   | 0.19%             | 2053-03-01      | Variable      | 7.00%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC GOLD POOL                                                            | FED HM LN PC POOL WE6065 FR 07/40 FIXED 3.79                | CUSIP: 3132YBW28<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | MUN               | US        |   4142613 | PA      | $3861828.07   | 0.24%             | 2040-07-01      | Fixed         | 3.79%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA HOUSING FINANCE AGENCY                                                | CALIFORNIA HSG FIN AGY LTD OBL CA HSG FIN AGY H             | CUSIP: 13034DAF1<br>LEI: 549300BOPCVLBA552Z14 | Long             | DBT              | MUN               | US        |   5300000 | PA      | $5346465.63   | 0.33%             | 2053-11-01      | Variable      | 5.97%                 | No            |                  2 | On Loan: No      |
| NEW YORK TRANSPORTATION DEVELOPMENT CORPORATION                                  | NEW YORK ST TRANS 06/60 5.125                               | CUSIP: 650116GZ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4915957.00   | 0.30%             | 2060-06-30      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| WISCONSIN CENTER DISTRICT                                                        | WISCONSIN CENTER DIST WI TAX R WISGEN 12/45 ZEROCPNOID 0    | CUSIP: 976595FU7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  17000000 | PA      | $6229660.20   | 0.38%             | 2045-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| CITY OF PILOT POINT TX                                                           | PILOT POINT TX SPL ASSMNT REVE PILGEN 09/30 FIXED 5         | CUSIP: 721614AZ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $356451.38    | 0.02%             | 2030-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC MULTIFAMILY ML CERTIFICATES                                          | FREDDIE MAC MULTIFAMILY FRETE 2022 ML13 AUS                 | CUSIP: 3137H9JN0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | MUN               | US        |   1910872 | PA      | $1766110.43   | 0.11%             | 2036-09-25      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| BURBANK-GLENDALE-PASADENA AIRPORT AUTHORITY BRICK CAMPAIGN                       | BURBANK GLENDALE PASADENA CA A BURAPT 07/49 FIXED OID 4.375 | CUSIP: 120827EE6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5250000 | PA      | $4764339.83   | 0.29%             | 2049-07-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| DULUTH ECONOMIC DEVELOPMENT AUTHORITY                                            | DULUTH MN ECON DEV AUTH HLTH C DULDEV 02/48 FIXED 5         | CUSIP: 26444CHC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1515000 | PA      | $1514920.31   | 0.09%             | 2048-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MONONGALIA COUNTY OF                                                             | MONONGALIA CNTY WV COMMISSION MONGEN 06/53 FIXED OID 6      | CUSIP: 61022DAD9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1315000 | PA      | $1354531.79   | 0.08%             | 2053-06-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA HIGHER EDUCATIONAL FACILITIES AUTHORITY                             | PENNSYLVANIA ST HGR EDUCTNL FA PASHGR 11/39 FIXED 5.25      | CUSIP: 70917TRN3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5350695.50   | 0.33%             | 2039-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| TAMPA HEALTH SYSTEMS                                                             | TAMPA FL CAPITAL IMPT CIGARETT TAMGEN 09/41 ZEROCPNOID 0    | CUSIP: 875146AZ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $445101.50    | 0.03%             | 2041-09-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY                                        | NEW JERSEY ST ECON DEV AUTH RE NJSDEV 06/40 FIXED 4         | CUSIP: 64577XCR5<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $922906.10    | 0.06%             | 2040-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CITY OF DALLAS HOUSING FINANCE CORPORATION                                       | DALLAS TX HSG FIN CORP RSDL DE DALHSG 12/62 FIXED OID 6     | CUSIP: 23529CAA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2697928.80   | 0.17%             | 2062-12-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| BERKS COUNTY MUNICIPAL AUTHORITY                                                 | BERKS CNTY PA MUNI AUTH BERKS CO MUNI AUTH A1               | CUSIP: 084538JD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1539000 | PA      | $1572373.06   | 0.10%             | 2034-06-30      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA COMMUNITY CHOICE FINANCING AUTHORITY                                  | CALIFORNIA CMNTY CHOICE FING A CCEDEV 05/54 ADJUSTABLE VAR  | CUSIP: 13013JDR4<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5271454.00   | 0.32%             | 2054-05-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| SENAC SOUTH METROPOLITAN DISTRICT NO 1                                           | SENAC SOUTH MET DIST  1 CO SESFAC 12/51 FIXED 5.25          | CUSIP: 81685AAA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2915000 | PA      | $2543299.90   | 0.16%             | 2051-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| PHOENIX INDUSTRIAL DEVELOPMENT AUTHORITY                                         | FALCON PK DELAYED DRAW TERM LOAN 2                          | CUSIP: 948TTQII6<br>LEI: 549300A62PWFBDWB8332 | Long             | DBT              | MUN               | US        |   2800000 | PA      | $2800000.00   | 0.17%             | 2026-11-01      | Floating      | 7.67%                 | No            |                  3 | On Loan: No      |
| CITY OF ATLANTIC CITY NJ                                                         | ATLANTIC CITY NJ ATC 03/30 FIXED 6.375                      | CUSIP: 048339UY9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    755000 | PA      | $756494.98    | 0.05%             | 2030-03-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| COLORADO HEALTH FACILITIES AUTHORITY                                             | COLORADO ST HLTH FACS AUTH REV COSMED 11/47 FIXED 5.5       | CUSIP: 19648FWT7<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4105076.40   | 0.25%             | 2047-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ARIZONA INDUSTRIAL DEVELOPMENT AUTHORITY                                         | ARIZONA ST INDL DEV AUTH SENIO AZSNUR 01/59 INTERAPREC VAR  | CUSIP: 04052TDF9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1451284 | PA      | $254193.41    | 0.02%             | 2059-01-01      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FINANCE AUTHORITY                                                       | MICHIGAN ST FIN AUTH REVENUE MISFIN 06/40 FIXED 5           | CUSIP: 59447TG80<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   4895000 | PA      | $4957309.92   | 0.30%             | 2040-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GOLDEN STATE TOBACCO SECURITIZATION                                              | GOLDEN ST TOBACCO SECURITIZATI GLDGEN 06/66 ZEROCPNOID 0    | CUSIP: 38122NB84<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  69295000 | PA      | $7348187.32   | 0.45%             | 2066-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| ENERGY SOUTHEAST A COOPERATIVE DISTRICT                                          | ENERGY S E AL A COOPERATIVE DI ESDPWR 04/54 ADJUSTABLE VAR  | CUSIP: 292723AY9<br>LEI: 2549001SMMZ81MXBXZ89 | Long             | DBT              | MUN               | US        |   1900000 | PA      | $2075923.09   | 0.13%             | 2054-04-01      | Variable      | 5.75%                 | No            |                  2 | On Loan: No      |
| SALT VERDE FINANCIAL CORPORATION                                                 | SALT VERDE AZ FINANCIAL CORP S SLTPWR 12/37 FIXED OID 5     | CUSIP: 79575EAS7<br>LEI: 549300VEWOZY6TQOIF03 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3128145.90   | 0.19%             | 2037-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DOUGLAS COUNTY HOUSING AUTHORITY                                                 | DOUGLAS CNTY GA HSG AUTH MF RE DOUMFH 02/44 FIXED 5.1       | CUSIP: 259028AH1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1550000 | PA      | $1562495.02   | 0.10%             | 2044-02-01      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| CLEAR CREEK TRANSIT METROPOLITAN DISTRICT NO 2                                   | CLEAR CREEK TRANSIT B TRSFAC 12/50 FIXED 7.9                | CUSIP: 184542AD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1125000 | PA      | $1083634.43   | 0.07%             | 2050-12-15      | Fixed         | 7.90%                 | No            |                  2 | On Loan: No      |
| TRANSPORT METROPOLITAN DISTRICT NO 3                                             | TRANSPORT MET DIST  3 CO TMDDEV 12/51 FIXED 5               | CUSIP: 89386FAC7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $371023.40    | 0.02%             | 2051-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HONEOYE FALLS-LIMA CENTRAL SCHOOL DISTRICT                                       | HONEOYE FALLS LIMA NY CENTRL S HFLSCD 06/26 FIXED 4         | CUSIP: 438209MJ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2600000 | PA      | $2623381.02   | 0.16%             | 2026-06-25      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA POLLUTION CONTROL FINANCING AUTHORITY                                 | CALIFORNIA ST POLL CONTROL FIN CASPOL 12/39 FIXED OID 7.5   | CUSIP: 130536RK3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2451113 | PA      | $24.51        | 0.00%             | 2039-12-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA HEALTH FACILITIES FINANCING AUTHORITY                                 | CALIFORNIA ST HLTH FACS FING A CASMED 10/50 ADJUSTABLE VAR  | CUSIP: 13032U4Q8<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |   2800000 | PA      | $3014731.72   | 0.19%             | 2050-10-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| BERKS COUNTY MUNICIPAL AUTHORITY                                                 | BERKS CNTY PA MUNI AUTH BERKS CO MUNI AUTH A1               | CUSIP: 084538JF5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    770000 | PA      | $815444.40    | 0.05%             | 2034-06-30      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| CSCDA COMMUNITY IMPROVEMENT AUTHORITY                                            | CSCDA CMNTY IMPT AUTH CA ESSEN CDAHSG 07/59 FIXED OID 4.3   | CUSIP: 126292CM1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $3891887.00   | 0.24%             | 2059-07-01      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| NEW YORK CITY MUNICIPAL WATER FINANCE AUTHORITY                                  | NEW YORK CITY NY MUNI WTR FIN NYCUTL 06/48 FIXED 5.25       | CUSIP: 64972GF90<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |   3200000 | PA      | $3326024.00   | 0.20%             | 2048-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| IOWA FINANCE AUTHORITY                                                           | IOWA ST FIN AUTH REVENUE IASGEN 01/42 FIXED OID 8           | CUSIP: 46247SCZ5<br>LEI: 549300NQVL49BTHOW391 | Long             | DBT              | MUN               | US        |   5640000 | PA      | $4841569.45   | 0.30%             | 2042-01-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| ANGELINA & NECHES RIVER AUTHORITY                                                | ANGELINA NECHES RIVER AUTH I ANGDEV 12/45 FIXED 7.5         | CUSIP: 03469KAB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2675000 | PA      | $267573.83    | 0.02%             | 2045-12-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| CITY OF PILOT POINT TX                                                           | PILOT POINT TX SPL ASSMNT REVE PILGEN 09/35 FIXED OID 5.25  | CUSIP: 721614AW5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    315000 | PA      | $320243.11    | 0.02%             | 2035-09-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO ELECTRIC POWER AUTHORITY                                             | PUERTO RICO ELEC PWR AUTH PWRR PRCPWR 07/30 FIXED 5.25      | CUSIP: 74526YEB7<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | PR        |    300000 | PA      | $146250.00    | 0.01%             | 2030-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| COUNTY OF MIAMI-DADE FL AVIATION REVENUE                                         | MIAMI DADE CNTY FL AVIATION RE MIATRN 10/35 FIXED 5         | CUSIP: 59333P7M4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7000000 | PA      | $7472281.60   | 0.46%             | 2035-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GOLDEN STATE TOBACCO SECURITIZATION                                              | GOLDEN ST TOBACCO SECURITIZATI GLDGEN 06/50 FIXED 3.85      | CUSIP: 38122ND82<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5290000 | PA      | $4816246.12   | 0.30%             | 2050-06-01      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| NEW YORK TRANSPORTATION DEVELOPMENT CORPORATION                                  | NEW YORK ST TRANSPRTN DEV CORP NYTTRN 01/27 FIXED 5         | CUSIP: 650116CF1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5074499.00   | 0.31%             | 2027-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TOBACCO SECURITIZATION AUTH SOUTHN CAL T                                         | TOBACCO SECURITIZATION AUTH ST TOBGEN 06/48 FIXED 5         | CUSIP: 888804CT6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1150000 | PA      | $1092782.10   | 0.07%             | 2048-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TRIBOROUGH BRIDGE AND TUNNEL AUTHORITY                                           | TRIBOROUGH NY BRIDGE   TUNNEL TRBGEN 12/43 FIXED 5          | CUSIP: 896032AU3<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1305018.63   | 0.08%             | 2043-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OHIO HOUSING FINANCE AGENCY                                                      | OHIO ST HSG FIN AGY MF HSG REV OHSMFH 01/45 FIXED 6.375     | CUSIP: 676900XS7<br>LEI: 549300K10X7VPG6JVX38 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1004082.70   | 0.06%             | 2045-01-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| TAMPA-HILLSBOROUGH COUNTY EXPRESSWAY AUTHORITY                                   | TAMPA HILLSBOROUGH CNTY FL EXP TAMTRN 07/42 FIXED 4         | CUSIP: 875301GL1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2450000 | PA      | $2234382.61   | 0.14%             | 2042-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| LOUISIANA STADIUM AND EXPOSITION DISTRICT                                        | LOUISIANA STADIUM   EXPOSITION LASFAC 07/42 FIXED 5         | CUSIP: 546410CV1<br>LEI: 5493000QEHWDGVGH7J62 | Long             | DBT              | MUN               | US        |   2565000 | PA      | $2636027.16   | 0.16%             | 2042-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL WE6120 FR 09/38 FIXED 3.7                 | CUSIP: 3132YBYR1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   9888998 | PA      | $9281073.84   | 0.57%             | 2038-09-01      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| NUVEEN QUALITY MUNICIPAL INCOME FUND                                             | NUVEEN QUALITY MUNICIPAL INCOM NUVEEN QUALITY MUNICIPAL INC | CUSIP: 67066V101<br>LEI: 549300RDIO25ZNWCOA97 | Long             | EC               | CORP              | US        |    300646 | NS      | $3394293.34   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| FREDDIE MAC MULTIFAMILY ML CERTIFICATES                                          | FEDERAL HOME LOAN MTGE CORP MU FEDMFH 12/36 ADJUSTABLE VAR  | CUSIP: 3137HB2V5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | MUN               | US        |  10256652 | PA      | $10267031.94  | 0.63%             | 2036-12-25      | Variable      | 4.03%                 | No            |                  2 | On Loan: No      |
| GOLDEN STATE TOBACCO SECURITIZATION                                              | GOLDEN ST TOBACCO SECURITIZATI GLDGEN 06/50 FIXED 4.214     | CUSIP: 38122ND66<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1100000 | PA      | $793225.73    | 0.05%             | 2050-06-01      | Fixed         | 4.21%                 | No            |                  2 | On Loan: No      |
| ILLINOIS FINANCE AUTHORITY                                                       | ILLINOIS ST FIN AUTH REVENUE ILSGEN 08/40 FIXED 4           | CUSIP: 45204FBE4<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3209011.40   | 0.20%             | 2040-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| IOWA TOBACCO SETTLEMENT AUTHORITY                                                | TOBACCO SETTLEMENT AUTH IA TOB TOBGEN 06/65 ZEROCPNOID 0    | CUSIP: 888805CJ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  14460000 | PA      | $2118391.45   | 0.13%             | 2065-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| GAS WORX COMMUNITY DEVELOPMENT DISTRICT                                          | GAS WORX CDD FL SPL ASSMNT GSWGEN 05/30 FIXED 4.625         | CUSIP: 367200AA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    345000 | PA      | $349395.78    | 0.02%             | 2030-05-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| THE ATLANTA DEVELOPMENT AUTHORITY                                                | ATLANTA GA DEV AUTH ATLDEV 04/34 FIXED 5                    | CUSIP: 04780NMW4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $702057.37    | 0.04%             | 2034-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FINANCE AUTHORITY                                                       | MICHIGAN ST FIN AUTH 02/44 4.125                            | CUSIP: 59447NBB1<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |    700000 | PA      | $643459.04    | 0.04%             | 2044-02-29      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| PUBLIC FINANCE AUTHORITY                                                         | PUBLIC FIN AUTH WI REVENUE PUBGEN 03/56 FIXED 4             | CUSIP: 74442PTG0<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   4150000 | PA      | $3195862.71   | 0.20%             | 2056-03-31      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CHICAGO OHARE INTERNATIONAL AIRPORT                                              | CHICAGO IL O HARE INTERNATIONA CHITRN 01/38 FIXED 5         | CUSIP: 1675935W8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2250000 | PA      | $2354244.75   | 0.14%             | 2038-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CROSSWINDS EAST COMMUNITY DEVELOPMENT DISTRICT                                   | CROSSWINDS EAST CDD FL SPL ASS CEADEV 05/44 FIXED 5.5       | CUSIP: 22769LAB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $986423.50    | 0.06%             | 2044-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| WISCONSIN CENTER DISTRICT                                                        | WISCONSIN CENTER DIST WI TAX R WISGEN 12/33 ZEROCPNOID 0    | CUSIP: 976595FL7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2755000 | PA      | $1980228.98   | 0.12%             | 2033-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| OHIO AIR QUALITY DEVELOPMENT AUTHORITY                                           | OHIO ST AIR QUALITY DEV AUTH OHSDEV 11/40 ADJUSTABLE VAR    | CUSIP: 677525WS2<br>LEI: 549300DZUU80AYOR6M80 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2022749.00   | 0.12%             | 2040-11-01      | Variable      | 4.25%                 | No            |                  2 | On Loan: No      |
| FLORIDA DEVELOPMENT FINANCE CORPORATION                                          | FLORIDA ST DEV FIN CORP FLORIDA DEV FIN CORP                | CUSIP: 340618DR5<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4969746.50   | 0.31%             | 2044-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MERCER COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY                                   | MERCER CNTY PA INDL DEV AUTH C MERHGR 10/50 FIXED 6.125     | CUSIP: 58787LAA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2185000 | PA      | $1552486.42   | 0.10%             | 2050-10-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| CITY OF HOUSTON TX AIRPORT SYSTEM REVENUE                                        | HOUSTON TX ARPT SYS REVENUE HOUAPT 07/36 FIXED 5.5          | CUSIP: 442349HW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10500000 | PA      | $10930497.90  | 0.67%             | 2036-07-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| WEST VIRGINIA HOSPITAL FINANCE                                                   | WEST VIRGINIA ST HOSP FIN AUTH W VIRGINIA ST H SER B        | CUSIP: 956622W75<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4214935.60   | 0.26%             | 2043-09-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| BLACK BELT ENERGY GAS DISTRICT                                                   | BLACK BELT ENERGY GAS DIST AL BBEUTL 12/53 ADJUSTABLE VAR   | CUSIP: 09182NCT5<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   2950000 | PA      | $3162939.26   | 0.19%             | 2053-12-01      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| BERKS COUNTY MUNICIPAL AUTHORITY                                                 | BERKS CNTY PA MUNI AUTH BERFAC 06/39 FIXED 7                | CUSIP: 084538JJ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7825000 | PA      | $6871799.97   | 0.42%             | 2039-06-30      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| TEXAS STATE UNIVERSITY SYSTEM                                                    | TEXAS ST UNIV SYS FING REVENUE TXSHGR 03/43 FIXED 5         | CUSIP: 88278PJ62<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3750000 | PA      | $3894981.75   | 0.24%             | 2043-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CITY OF FIREBAUGH CA                                                             | FIREBAUGH CA LEASE AGREEMENT FRBGEN 08/29 FIXED 2.05        | CUSIP: 31813EAA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    950000 | PA      | $867985.08    | 0.05%             | 2029-08-01      | Fixed         | 2.05%                 | No            |                  2 | On Loan: No      |
| ASHEVILLE HOUSING AUTHORITY                                                      | LAUREL WOOD APARTMENTS FIXED DELAYED DRAW TERM LOAN         | CUSIP: BA000LSQ3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   5720000 | PA      | $5720000.00   | 0.35%             | 2043-01-01      | Fixed         | 0.00%                 | No            |                  3 | On Loan: No      |
| SPRING VALLEY COMMUNITY INFRASTRUCTURE DISTRICT NO 1                             | SPRING VLY CMNTY INFRASTRUCTUR SPVGEN 09/51 FIXED 3.75      | CUSIP: 850072AA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1787000 | PA      | $1604682.04   | 0.10%             | 2051-09-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| NEW HAMPSHIRE BUSINESS FINANCE AUTHORITY                                         | NATIONAL FIN AUTH NH MUNI CTFS NFADEV 01/41 ADJUSTABLE VAR  | CUSIP: 63607WBD5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8781189 | PA      | $8346733.95   | 0.51%             | 2041-01-20      | Variable      | 4.17%                 | No            |                  2 | On Loan: No      |
| DOMINION WATER & SANITATION DISTRICT                                             | DOMINION WTR   SANTN DIST CO R DOMWTR 12/52 FIXED 5.875     | CUSIP: 25755AAE1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9250000 | PA      | $9296598.73   | 0.57%             | 2052-12-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| TOB SECURITIZATION AUTH NORTHNCALIF                                              | TOBACCO SECURITIZATION AUTH NT TOBGEN 06/60 ZEROCPNOID 0    | CUSIP: 888794CA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  28500000 | PA      | $4373097.00   | 0.27%             | 2060-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA MUNICIPAL FINANCE AUTHORITY                                           | CALIFORNIA ST MUNI FIN AUTH RE CASFIN 01/39 FIXED 6         | CUSIP: 13048VQ27<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   7000000 | PA      | $7091290.50   | 0.44%             | 2039-01-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| CHARLOTTE COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY/FL                             | CHARLOTTE CNTY FL INDL DEV AUT CHAUTL 10/51 FIXED 4         | CUSIP: 16080TAG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $1955399.50   | 0.12%             | 2051-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CITY OF HOUSTON TX AIRPORT SYSTEM REVENUE                                        | HOUSTON TX ARPT SYS REVENUE HOUAPT 07/30 FIXED 5            | CUSIP: 4423487R3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3700000 | PA      | $3700008.88   | 0.23%             | 2030-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW HAMPSHIRE BUSINESS FINANCE AUTHORITY                                         | NATIONAL FIN AUTH NH AFFORDABL NHAHSG 10/40 ADJUSTABLE VAR  | CUSIP: 63607DAB2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10110291 | PA      | $9777309.87   | 0.60%             | 2040-10-20      | Variable      | 4.15%                 | No            |                  2 | On Loan: No      |
| FLORIDA HIGHER EDUCATIONAL FACILITIES FINANCING AUTHORITY                        | HGR EDU FACS FING AUTH FL HGR FLSHGR 07/45 FIXED OID 6      | CUSIP: 42982GAB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4900000 | PA      | $4889426.78   | 0.30%             | 2045-07-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| MARICOPA COUNTY INDUSTRIAL DEV                                                   | MARICOPA CNTY AZ INDL DEV AUTH MARDEV 01/41 FIXED 4         | CUSIP: 56682HCK3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2180000 | PA      | $1982455.81   | 0.12%             | 2041-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NEW HOPE CULTURAL EDUCATION FACILITIES FINANCE CORP                              | NEW HOPE CULTURAL EDU FACS FIN NHPFAC 12/54 FIXED 5         | CUSIP: 64542PEX9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $214607.33    | 0.01%             | 2054-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| INDIANA FINANCE AUTHORITY                                                        | INDIANA FIN AUTH MIDWESTERN DI INDGEN 11/30 FIXED 3         | CUSIP: 45470CAF6<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   5600000 | PA      | $5447744.96   | 0.33%             | 2030-11-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| MOON INDUSTRIAL DEVELOPMENT AUTHORITY                                            | MOON INDL DEV AUTH PA REVENUE MOODEV 07/35 FIXED OID 5.75   | CUSIP: 61543RAS5<br>LEI: 549300CGX4T1GTNHL435 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2751037.50   | 0.17%             | 2035-07-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| CLACKAMAS CNTY ORE HOSP FAC AUTH REV                                             | CLACKAMAS CNTY OR HOSP FAC AUT CLAMED 05/52 FIXED 5         | CUSIP: 179027YB7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    355000 | PA      | $309951.39    | 0.02%             | 2052-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PORT OF GREATER CINCINNATI DEVELOPMENT AUTHORITY                                 | PORT OF GTR CINCINNATI DEV AUT PRTDEV 01/45 FIXED 6.5       | CUSIP: 73419RAE2<br>LEI: 549300IK2RCZBY62ST97 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1009558.30   | 0.06%             | 2045-01-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| TENNERGY CORP                                                                    | TENNERGY CORP TN GAS REVENUE TGYPWR 10/53 ADJUSTABLE VAR    | CUSIP: 880397CF9<br>LEI: 5493008K3JJFBSC4C235 | Long             | DBT              | MUN               | US        |   5750000 | PA      | $6037697.80   | 0.37%             | 2053-10-01      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| SVB FINANCIAL GROUP                                                              | SVB FINL TR                                                 | CUSIP: 000000000<br>LEI: 549300D2KJ20JMXE7542 | Long             | EP               | CORP              | US        |    122000 | NS      | $2440.00      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| MOBILE COUNTY INDUSTRIAL DEVEL                                                   | MOBILE CNTY AL INDL DEV AUTH S MOBPOL 06/54 FIXED 5         | CUSIP: 60733UAA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7365000 | PA      | $7073173.66   | 0.43%             | 2054-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MONTGOMERY ALA MED CLINIC BRD HEALTH REV                                         | MONTGOMERY AL MED CLINIC BRD H MONMED 03/28 FIXED 5         | CUSIP: 613058CV6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4350000 | PA      | $2729625.00   | 0.17%             | 2028-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS FINANCE AUTHORITY                                                       | ILLINOIS ST FIN AUTH REVENUE ILSGEN 11/35 FIXED 5           | CUSIP: 45204E6D5<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   2100000 | PA      | $1365000.00   | 0.08%             | 2035-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MAIN STREET NATURAL GAS INC                                                      | MAIN STREET NATURAL GAS INC GA MAIUTL 12/53 ADJUSTABLE VAR  | CUSIP: 56035DGB2<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   7600000 | PA      | $8011677.56   | 0.49%             | 2053-12-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| NEWFIELD COMMUNITY DEVELOPMENT DISTRICT                                          | NEWFIELD CDD FL SPL ASSMNT REV NFDDEV 05/45 FIXED OID 5.625 | CUSIP: 65128AAC1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1800000 | PA      | $1782072.72   | 0.11%             | 2045-05-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| CAPITAL TRUST AGENCY INC                                                         | CAPITAL TRUST AGY FL SENIOR 07/48  5.25                     | CUSIP: 140542BQ3<br>LEI: 549300F49UWS7X0OGQ59 | Long             | DBT              | MUN               | US        |    250000 | PA      | $4375.00      | 0.00%             | 2048-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CHICAGO OHARE INTERNATIONAL AIRPORT                                              | CHICAGO IL O HARE INTERNATIONA CHITRN 01/47 FIXED 5         | CUSIP: 167593F72<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2085000 | PA      | $2053304.04   | 0.13%             | 2047-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHARLOTTE-MECKLENBURG HOSPITAL AUTHORITY                                         | CHARLOTTE MECKLENBURG NC HOSP CHAMED 01/38 ADJUSTABLE VAR   | CUSIP: 160853MR5<br>LEI: 549300XOH4JU704GMZ32 | Long             | DBT              | MUN               | US        |   7345000 | PA      | $7345000.00   | 0.45%             | 2038-01-15      | Variable      | 1.95%                 | No            |                  2 | On Loan: No      |
| CHICAGO OHARE INTERNATIONAL AIRPORT                                              | CHICAGO IL O HARE INTERNATIONA CHITRN 01/37 FIXED 5         | CUSIP: 1675935V0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2108031.00   | 0.13%             | 2037-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA HOUSING FINANCE AGENCY                                                | CALIFORNIA HSG FIN AGY LTD OBL CASMFH 03/53 ADJUSTABLE VAR  | CUSIP: 13034DAJ3<br>LEI: 549300BOPCVLBA552Z14 | Long             | DBT              | MUN               | US        |  12300000 | PA      | $12432628.44  | 0.76%             | 2053-03-01      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| CAPITAL TRUST AGENCY INC                                                         | CAPITAL TRUST AGY FL REVENUE CPTGEN 01/61 ZEROCPNOID 0      | CUSIP: 14052WDV6<br>LEI: 549300F49UWS7X0OGQ59 | Long             | DBT              | MUN               | US        |   5560000 | PA      | $390901.36    | 0.02%             | 2061-01-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| GEISINGER AUTH PA HEALTH SYSTEM                                                  | GEISINGER PA AUTH HLTH SYS REV GEIMED 02/47 FIXED 4         | CUSIP: 368497HQ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  13000000 | PA      | $11127222.60  | 0.68%             | 2047-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| GARLAND HOUSING FINANCE CORPORATION                                              | GARLAND TX HSG FIN CORP MF HSG GARHSG 01/43 FIXED 4.61      | CUSIP: 366144AL7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1080178.55   | 0.07%             | 2043-01-01      | Fixed         | 4.61%                 | No            |                  2 | On Loan: No      |
| NEW ORLEANS AVIATION BOARD                                                       | NEW ORLEANS LA AVIATION BRD NEWTRN 01/38 FIXED 5            | CUSIP: 64763HMK8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4160588.80   | 0.26%             | 2038-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DOWNTOWN REVITALIZATION PUBLIC INFRASTRUCTURE DISTRICT                           | DOWNTOWN REVITALIZATION PUBLIC DTRFAC 07/35 FIXED 5         | CUSIP: 26118TBW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3150000 | PA      | $3161518.29   | 0.19%             | 2035-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MONONGALIA COUNTY OF                                                             | MONONGALIA CNTY WV COMMISSION MONGEN 06/43 FIXED OID 5.75   | CUSIP: 61022DAC1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    875000 | PA      | $901053.83    | 0.06%             | 2043-06-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| BALDWIN COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY                                  | BALDWIN CNTY AL INDL DEV AUTH BLWPOL 06/55 ADJUSTABLE VAR   | CUSIP: 05786PAA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6300000 | PA      | $6356727.72   | 0.39%             | 2055-06-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA COMMUNITY CHOICE FINANCING AUTHORITY                                  | CALIFORNIA CMNTY CHOICE FING A CCEDEV 02/52 ADJUSTABLE VAR  | CUSIP: 13013JAP1<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   3905000 | PA      | $3883321.00   | 0.24%             | 2052-02-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA HOUSING FINANCE AGENCY                                              | PENNSYLVANIA ST HSG FIN AGY SF PASSFH 10/54 FIXED 6         | CUSIP: 70879QWN9<br>LEI: 549300JZVUPNWP77SP29 | Long             | DBT              | MUN               | US        |   2085000 | PA      | $2256301.72   | 0.14%             | 2054-10-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| THE ATLANTA DEVELOPMENT AUTHORITY                                                | ATLANTA GA DEV AUTH ATLDEV 12/48 INT APROID VAR             | CUSIP: 04780NMY0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5200000 | PA      | $4548342.24   | 0.28%             | 2048-12-15      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| NEW HOPE CULTURAL EDUCATION FACILITIES FINANCE CORP                              | NEW HOPE CULTURAL EDU FACS FIN NHPFAC 07/36 FIXED OID 4     | CUSIP: 64542PAU9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2065000 | PA      | $1863662.50   | 0.11%             | 2036-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| VIRGINIA SMALL BUSINESS FING AUTH HOSP R                                         | VIRGINIA ST SMALL BUSINESS FIN VASMED 06/43 FIXED 5         | CUSIP: 928105CK9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1445000 | PA      | $1465555.99   | 0.09%             | 2043-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BLACK BELT ENERGY GAS DISTRICT                                                   | BLACK BELT ENERGY GAS DIST AL BBEUTL 10/55 ADJUSTABLE VAR   | CUSIP: 09182TEC7<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   4700000 | PA      | $4951116.30   | 0.30%             | 2055-10-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| IDAHO HOUSING AND FINANCE ASSOCIATION                                            | IDAHO ST HSG   FIN ASSN SF MTG IDSSFH 01/49 FIXED 4.6       | CUSIP: 45129Y5H5<br>LEI: 5493002WM3NYB1LQB744 | Long             | DBT              | MUN               | US        |   2390000 | PA      | $2310771.74   | 0.14%             | 2049-01-01      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST                                                                      | ILLINOIS ST ILS 10/34 FIXED OID 4                           | CUSIP: 4521526Y2<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   3400000 | PA      | $3345478.62   | 0.21%             | 2034-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CITY OF MINNEAPOLIS MINNESOTA                                                    | MINNEAPOLIS MN HLTH CARE SYS R MINMED 11/49 FIXED 5         | CUSIP: 60374VEF6<br>LEI: 54930069TEI1INHRHS55 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1957408.40   | 0.12%             | 2049-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA HIGHER EDUCATIONAL FACILITIES AUTHORITY                             | PENNSYLVANIA ST HGR EDUCTNL FA PASHGR 11/40 FIXED 5.25      | CUSIP: 70917TRP8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1593861.60   | 0.10%             | 2040-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| COUNTY OF GRAND FORKS                                                            | GRAND FORKS CNTY ND GRADEV 12/43 FIXED 7                    | CUSIP: 38543PAF5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $10.00        | 0.00%             | 2043-12-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| BRAZORIA COUNTY INDUSTRIAL DEVELOPMENT CORP                                      | BRAZORIA CNTY TX INDL DEV CORP BZIFAC 03/39 FIXED 7         | CUSIP: 10604PAC7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    965000 | PA      | $579000.00    | 0.04%             | 2039-03-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC ENERGY AUTHORITY OF KENTUCKY INC                                          | KENTUCKY ST PUBLIC ENERGY AUTH KYSPWR 08/52 FLOATING VAR    | CUSIP: 74440DDT8<br>LEI: 549300XEJZWHYSY4SL55 | Long             | DBT              | MUN               | US        |   3900000 | PA      | $3887770.38   | 0.24%             | 2052-08-01      | Floating      | 4.17%                 | No            |                  2 | On Loan: No      |
| PUBLIC FINANCE AUTHORITY                                                         | PUBLIC FIN AUTH WI LTD OBLIG G PUBFIN 08/31 FIXED OID 6.75  | CUSIP: 74446EAB2<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2692500.00   | 0.17%             | 2031-08-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| CAPITAL PROJECTS FINANCE AUTHORITY/FL                                            | CAPITAL PROJS FL FIN AUTH STUD CPPHSG 10/30 FIXED 5         | CUSIP: 140427BL8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1600000 | PA      | $1694586.24   | 0.10%             | 2030-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CITY OF LOS ANGELES DEPARTMENT OF AIRPORTS                                       | LOS ANGELES CA DEPT OF ARPTS A LOSAPT 05/36 FIXED 5         | CUSIP: 5444452R9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9210000 | PA      | $9889696.16   | 0.61%             | 2036-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA HOUSING FINANCE AGENCY                                              | PENNSYLVANIA ST HSG FIN AGY SF PA HSG FIN AGY 146A          | CUSIP: 70879QXV0<br>LEI: 549300JZVUPNWP77SP29 | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1202601.62   | 0.07%             | 2054-10-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| TEXAS WATER DEVELOPMENT BOARD                                                    | TEXAS WTR DEV BRD REVENUE TXSWTR 10/48 FIXED 4.875          | CUSIP: 88285ADS4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5055310.00   | 0.31%             | 2048-10-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| NEW HOPE CULTURAL EDUCATION FACILITIES FINANCE CORP                              | NEW HOPE CULTURAL EDU FACS FIN NHPFAC 12/54 FIXED OID 4     | CUSIP: 64542PEW1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    450000 | PA      | $322289.28    | 0.02%             | 2054-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| WEST VIRGINIA ECONOMIC DEVELOPMENT AUTHORITY                                     | WEST VIRGINIA ST ECON DEV AUTH WVSDEV 01/55 ADJUSTABLE VAR  | CUSIP: 95648VBU2<br>LEI: 549300WW88TKKF5H1220 | Long             | DBT              | MUN               | US        |   5660000 | PA      | $5776975.22   | 0.36%             | 2055-01-01      | Variable      | 5.45%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA COMMUNITY CHOICE FINANCING AUTHORITY                                  | CALIFORNIA CMNTY CHOICE FING A CCEDEV 02/55 ADJUSTABLE VAR  | CUSIP: 13013JFR2<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   8000000 | PA      | $8503602.40   | 0.52%             | 2055-02-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| CAPITAL TRUST AGENCY INC                                                         | CAPITAL TRUST AGY FL REVENUE CPTGEN 01/35 ZEROCPNOID 0      | CUSIP: 14052WDG9<br>LEI: 549300F49UWS7X0OGQ59 | Long             | DBT              | MUN               | US        |   2475000 | PA      | $1402542.65   | 0.09%             | 2035-01-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| COLORADO HEALTH FACILITIES AUTHORITY                                             | COLORADO ST HLTH FACS AUTH REV COSMED 08/49 FIXED 4         | CUSIP: 19648FKT0<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $838002.80    | 0.05%             | 2049-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MIDA MOUNTAIN VILLAGE PUBLIC INFRASTRUCTURE DISTRICT                             | MIDA MOUNTAIN VLG PUBLIC INFRA MMVDEV 06/44 FIXED 5.75      | CUSIP: 59561UAC4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2125000 | PA      | $2123272.80   | 0.13%             | 2044-06-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| MARYLAND ST ECON DEV CORP HSG DEV                                                | MARYLAND ST ECON DEV CORP SPL MDSDEV 09/50 FIXED 4          | CUSIP: 57422FAF3<br>LEI: 549300JJ16DDBSZWSN94 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2014297.00   | 0.12%             | 2050-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| LUZERNE COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY                                  | LUZERNE CNTY PA INDL DEV AUTH LUZDEV 12/39 ADJUSTABLE VAR   | CUSIP: 550728AF6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1778795.40   | 0.11%             | 2039-12-01      | Variable      | 2.45%                 | No            |                  2 | On Loan: No      |
| UNIVERSITY WIS HOSPS & CLINICS AUTH REV                                          | UNIV HOSPS   CLINICS AUTH WI UNVMED 04/48 ADJUSTABLE VAR    | CUSIP: 915260CL5<br>LEI: 549300O76DW14JGO7224 | Long             | DBT              | MUN               | US        |  13025000 | PA      | $13025000.00  | 0.80%             | 2048-04-01      | Variable      | 1.80%                 | No            |                  2 | On Loan: No      |
| NORTH CAROLINA HOUSING FINANCE AGENCY                                            | NORTH CAROLINA HSG FIN AGY HOM NCSHSG 07/55 FIXED 6.25      | CUSIP: 65820BBA3<br>LEI: EC4EE0PS5OP5O69B5C39 | Long             | DBT              | MUN               | US        |   3300000 | PA      | $3619595.43   | 0.22%             | 2055-07-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| THE ATLANTA DEVELOPMENT AUTHORITY                                                | ATLANTA GA DEV AUTH SENIOR HLT ATLMED 01/40 FIXED OID 7     | CUSIP: 04781GAD3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $208000.00    | 0.01%             | 2040-01-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| OHIO HOUSING FINANCE AGENCY                                                      | OHIO ST HSG FIN AGY RSDL MTGE OHSHSG 03/55 FIXED 6.25       | CUSIP: 67756Q8B6<br>LEI: 549300K10X7VPG6JVX38 | Long             | DBT              | MUN               | US        |   1595000 | PA      | $1745282.34   | 0.11%             | 2055-03-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| SOUTHEAST ENERGY AUTHORITY A COOPERATIVE DISTRICT                                | SOUTHEAST ENERGY AUTHORITY A C SEEPWR 10/55 ADJUSTABLE VAR  | CUSIP: 84136HAH6<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |    750000 | PA      | $790872.08    | 0.05%             | 2055-10-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| MISSION ECONOMIC DEVELOPMENT CORPORATION                                         | MISSION TX ECON DEV CORP SOL W MISPOL 06/54 ADJUSTABLE VAR  | CUSIP: 605155BV1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4250000 | PA      | $4086702.68   | 0.25%             | 2054-06-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| MEMPHIS-SHELBY COUNTY INDUSTRIAL DEVELOPMENT BOARD                               | MEMPHIS SHELBY CNTY TN INDL DE MEMDEV 07/37 FIXED OID 5.5   | CUSIP: 58611YAB0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1420000 | PA      | $1044519.34   | 0.06%             | 2037-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| COLORADO INTERNATIONAL CENTER METROPOLITAN DISTRICT NO 7                         | COLORADO INTL CTR MET DIST NO CICDEV 12/51 INT APROID VAR   | CUSIP: 19650TAA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6375000 | PA      | $4904237.78   | 0.30%             | 2051-12-01      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ECONOMIC DEVELOPMENT FINANCING AUTHORITY                            | PENNSYLVANIA ST ECON DEV FING PASDEV 01/51 ADJUSTABLE VAR   | CUSIP: 708692CA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    390000 | PA      | $398381.61    | 0.02%             | 2051-01-01      | Variable      | 5.45%                 | No            |                  2 | On Loan: No      |
| COUNTY OF OSCEOLA FL TRANSPORTATION REVENUE                                      | OSCEOLA CNTY FL TRANSPRTN REVE OSCTRN 10/35 ZEROCPNOID 0    | CUSIP: 688031EQ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $811883.63    | 0.05%             | 2035-10-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| SOUTH CAROLINA JOBS COALITION                                                    | SOUTH CAROLINA ST JOBS ECON DE SCSPOL 06/51 FIXED 6.5       | CUSIP: 83704DAM8<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |    500000 | PA      | $55000.00     | 0.00%             | 2051-06-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| INVESCO QUALITY MUNICIPAL INCOME TRUST                                           | INVESCO QUALITY MUNICIPAL INCO INVESCO QUALITY MUNI INC TR  | CUSIP: 46133G107<br>LEI: WLEGDSEH0E242WVNUY02 | Long             | EC               | CORP              | US        |    461597 | NS      | $4329779.86   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| INLIVIAN                                                                         | FAIRHAVEN GLEN FIXED TAX EXEMPT CONSTRUCTIONA               | CUSIP: BA00061X0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  12210000 | PA      | $12333796.46  | 0.76%             | 2067-01-01      | Floating      | 6.26%                 | No            |                  3 | On Loan: No      |
| ILLINOIS FINANCE AUTHORITY                                                       | ILLINOIS ST FIN AUTH REVENUE ILSGEN 05/41 FIXED 3.51        | CUSIP: 45204FED3<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   2070000 | PA      | $1616763.98   | 0.10%             | 2041-05-15      | Fixed         | 3.51%                 | No            |                  2 | On Loan: No      |
| NUVEEN AMT-FREE MUNICIPAL CREDIT INCOME FUND                                     | NUVEEN AMT FREE MUNICIPAL CRED NUVEEN AMT FR MUNI CRDT      | CUSIP: 67071L106<br>LEI: 549300LBMO1C0IG71T03 | Long             | EC               | CORP              | US        |    470900 | NS      | $5617837.00   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| YONKERS NY ECONOMIC DEV CORP EDL REV                                             | YONKERS NY ECON DEV CORP EDUCT YONDEV 10/54 FIXED 5         | CUSIP: 98608MAG6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    930000 | PA      | $835009.43    | 0.05%             | 2054-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BARTOW COUNTY DEVELOPMENT AUTHORITY                                              | BARTOW CNTY GA DEV AUTH BTWPOL 09/29 FIXED 1.8              | CUSIP: 069643BL7<br>LEI: 5493006KLI0V8YELKW50 | Long             | DBT              | MUN               | US        |   2800000 | PA      | $2497476.80   | 0.15%             | 2029-09-01      | Variable      | 1.80%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA COMMUNITY CHOICE FINANCING AUTHORITY                                  | CALIFORNIA CMNTY CHOICE FING A CCEDEV 11/54 ADJUSTABLE VAR  | CUSIP: 13013JDG8<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2120432.20   | 0.13%             | 2054-11-01      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| FAIRBANKS SQUARE CIC LP                                                          | FAIRBANKS SQUARE AFFORDAB HOU FIXED TERM LOAN               | CUSIP: 953DUHII1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   5981765 | PA      | $6171985.48   | 0.38%             | 2030-10-01      | Fixed         | 6.07%                 | No            |                  3 | On Loan: No      |
| INLIVIAN                                                                         | FAIRHAVEN GLEN FIXED TAX EXEMPT CONSTRUCTIONB               | CUSIP: BA00061T9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    890000 | PA      | $890000.00    | 0.05%             | 2041-12-12      | Fixed         | 9.71%                 | No            |                  3 | On Loan: No      |
| TOBACCO SETTLEMENT FINANCING CORPORATION                                         | TOBACCO SETTLEMENT FING CORP N TOBGEN 06/46 FIXED 5         | CUSIP: 888808HT2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2411879.25   | 0.15%             | 2046-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC GOLD POOL                                                            | FED HM LN PC POOL WE6072 FR 07/39 FIXED 3.85                | CUSIP: 3132YBW93<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | MUN               | US        |   4897308 | PA      | $4580083.05   | 0.28%             | 2039-07-01      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| MONTGOMERY CNTY PA HIGHER ED & HLTH                                              | MONTGOMERY CNTY PA HGR EDU   H MONHGR 05/39 FIXED 4         | CUSIP: 613603F79<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1375000 | PA      | $1294921.93   | 0.08%             | 2039-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| COMMONWEALTH FINANCING AUTHORITY                                                 | CMWLTH FING AUTH PA TOBACCO MA CMNGEN 06/39 FIXED OID 4     | CUSIP: 20282EAS5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2085000 | PA      | $1950175.14   | 0.12%             | 2039-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CLEAR CREEK TRANSIT METROPOLITAN DISTRICT NO 2                                   | CLEAR CREEK TRANSIT MET DIST TRSFAC 12/50 FIXED 5           | CUSIP: 184542AC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $497592.41    | 0.03%             | 2050-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PORT OF BEAUMONT NAVIGATION DISTRICT                                             | PORT BEAUMONT TX NAV DIST DOCK PTBTRN 01/50 FIXED 4         | CUSIP: 73360CAD6<br>LEI: 549300G8PKBXALUKJY33 | Long             | DBT              | MUN               | US        |   6000000 | PA      | $4599087.00   | 0.28%             | 2050-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ARIZONA INDUSTRIAL DEVELOPMENT AUTHORITY                                         | ARIZONA ST INDL DEV AUTH SENIO AZSNUR 01/59 FIXED 5.125     | CUSIP: 04052TDC6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4895000 | PA      | $4517383.06   | 0.28%             | 2059-01-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| CITY OF COLBY KS                                                                 | COLBY KS HOSP LOAN ANTICIPATIO COLBY REV                    | CUSIP: 19277TAA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3300000 | PA      | $3307962.24   | 0.20%             | 2026-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| BLACKROCK MUNIHOLDINGS CALIFORNIA QUALITY FUND INC                               | BLACKROCK MUNIHOLDINGS CALIFOR BLACKROCK MUNIHOLD CA QLTY   | CUSIP: 09254L107<br>LEI: NKJSRCJXMS5PZYPXY795 | Long             | EC               | CORP              | US        |    420229 | NS      | $4349370.15   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| MICHIGAN FINANCE AUTHORITY                                                       | MICHIGAN ST FIN AUTH REVENUE MISFIN 06/65 ZEROCPNOID 0      | CUSIP: 59447TM26<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |  30650000 | PA      | $3020628.00   | 0.19%             | 2065-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| NEW HAMPSHIRE BUSINESS FINANCE AUTHORITY                                         | NATIONAL FIN AUTH NH MUNI CTFS NFADEV 07/36 FIXED OID 4.837 | CUSIP: 63607WAG9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8412111 | PA      | $8220751.20   | 0.51%             | 2036-07-20      | Fixed         | 4.84%                 | No            |                  2 | On Loan: No      |
| ASHEVILLE HOUSING AUTHORITY                                                      | LAUREL WOOD APARTMENTS FIXED DELAYED DRAW TERM LOAN 1       | CUSIP: BA000LT25<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1629654 | PA      | $1629654.00   | 0.10%             | 2043-01-01      | Fixed         | 0.00%                 | No            |                  3 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL WE5042 FR 06/43 FIXED 3.6                 | CUSIP: 3132YAS74<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   3289876 | PA      | $2971428.72   | 0.18%             | 2043-06-01      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| CSCDA COMMUNITY IMPROVEMENT AUTHORITY                                            | CSCDA CMNTY IMPT AUTH CA ESSEN CDAHSG 09/37 FIXED 5         | CUSIP: 126292CQ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2390000 | PA      | $2366254.16   | 0.15%             | 2037-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FINANCE AUTHORITY                                                         | PUBLIC FIN AUTH WI SPL REVENUE PUBFAC 12/29 FIXED OID 6.125 | CUSIP: 74447TAC6<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   9170000 | PA      | $9244464.99   | 0.57%             | 2029-12-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| IRVINE FACILITIES FINANCING AUTHORITY                                            | IRVINE CA FACS FING AUTH SPL T IRGFAC 09/50 ZEROCPNOID 0    | CUSIP: 46360WAW6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $359158.13    | 0.02%             | 2050-09-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| THE CENTRAL ETOWAH COUNTY SOLID WASTE DISPOSAL AUTHORITY                         | CENTRL ETOWAH CNTY SOL WST DIS CETPOL 07/45 FIXED 6         | CUSIP: 15343TAC4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    980000 | PA      | $1009400.00   | 0.06%             | 2045-07-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| GAS WORX COMMUNITY DEVELOPMENT DISTRICT                                          | GAS WORX CDD FL SPL ASSMNT GSWGEN 05/45 FIXED 5.75          | CUSIP: 367200AC6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $993038.00    | 0.06%             | 2045-05-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| TOBACCO SETTLEMENT FING CORP RHODE ISLAN                                         | TOBACCO SETTLEMENT FING CORP R TOBGEN 06/52 ZEROCPNOID 0    | CUSIP: 888809AH3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1700000 | PA      | $295126.29    | 0.02%             | 2052-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO SALES TAX FINANCING CORP SALES TAX REVENUE                           | PUERTO RICO SALES TAX FING COR PRCGEN 07/40 FIXED 4.329     | CUSIP: 74529JRJ6<br>LEI: N/A                  | Long             | DBT              | MUN               | PR        |   3000000 | PA      | $2818007.40   | 0.17%             | 2040-07-01      | Fixed         | 4.33%                 | No            |                  2 | On Loan: No      |
| ARIZONA INDUSTRIAL DEVELOPMENT AUTHORITY                                         | ARIZONA ST INDL DEV AUTH ECON AZSDEV 07/31 FIXED 5.5        | CUSIP: 040523AK8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    325000 | PA      | $9750.00      | 0.00%             | 2031-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| PUBLIC FINANCE AUTHORITY                                                         | PUBLIC FIN AUTH WI HLTHCARE FA PUBMEC 07/39 FIXED 5         | CUSIP: 74444KBU7<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    500000 | PA      | $493365.55    | 0.03%             | 2039-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FINANCE AUTHORITY                                                         | PUBLIC FIN AUTH WI EDUCTNL FAC PUBFIN 06/50 FIXED OID 5.625 | CUSIP: 74443DGD7<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   2015000 | PA      | $1976484.08   | 0.12%             | 2050-06-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| ANCHOR SENIOR LIVING - IMPACT FUND LIHTC PORTFOLIO                               | ANCHOR SENIOR LIVING FIXED TERM LOAN                        | CUSIP: BA000DPL5<br>LEI: N/A                  | Long             | LON              | CORP              | US        |  13239006 | PA      | $14208101.13  | 0.87%             | 2042-10-01      | Fixed         | 6.02%                 | Yes           |                  3 | On Loan: No      |
| SOUTHEAST ENERGY AUTHORITY A COOPERATIVE DISTRICT                                | SOUTHEAST ENERGY AUTH AL COMMO SEEPWR 01/54 ADJUSTABLE VAR  | CUSIP: 84136GAK1<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3161405.10   | 0.19%             | 2054-01-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| CSCDA COMMUNITY IMPROVEMENT AUTHORITY                                            | CSCDA CMNTY IMPT AUTH CA ESSEN CDAHSG 09/62 INT APROID VAR  | CUSIP: 126292CP4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  11000000 | PA      | $6712513.50   | 0.41%             | 2062-09-01      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL WE2060 FR 02/38 FIXED 3.85                | CUSIP: 3132Y7JD8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   2173276 | PA      | $2083736.66   | 0.13%             | 2038-02-01      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| TEXAS MUNICIPAL GAS ACQUISITION AND SUPPLY CORPORATION I                         | TEXAS ST MUNI GAS ACQUISITION TXSUTL 12/26 FLOATING VAR     | CUSIP: 88256CAX7<br>LEI: 6AZ7FRSNC3ZFPM0Z8L86 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3000849.00   | 0.18%             | 2026-12-15      | Floating      | 4.52%                 | No            |                  2 | On Loan: No      |
| NEW YORK TRANSPORTATION DEVELOPMENT CORPORATION                                  | NEW YORK ST TRANSPRTN DEV CORP NYTTRN 08/26 FIXED 2.25      | CUSIP: 650116EY8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1325000 | PA      | $1304402.61   | 0.08%             | 2026-08-01      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| NEW YORK STATE DORMITORY AUTHORITY                                               | NEW YORK ST DORM AUTH REVENUES NYSHGR 07/42 FIXED 5         | CUSIP: 64985SBR3<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   3040000 | PA      | $3113899.06   | 0.19%             | 2042-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DENTON ESSENTIAL INVESTMENTS PFC                                                 | BBRA 8.949 06/01/59                                         | CUSIP: 955KSDII5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3700000 | PA      | $3700000.00   | 0.23%             | 2059-06-01      | Fixed         | 7.21%                 | No            |                  3 | On Loan: No      |
| MICHIGAN FINANCE AUTHORITY                                                       | MICHIGAN ST FIN AUTH 02/43 5.25                             | CUSIP: 59447NBA3<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   1375000 | PA      | $1417815.99   | 0.09%             | 2043-02-28      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ST JOHNSONS CNTY FLA INDL DEV AUTH                                               | SAINT JOHNS CNTY FL INDL DEV A STJMED 12/36 FIXED 4         | CUSIP: 79041LAM0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $893334.70    | 0.05%             | 2036-12-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS DEVELOPMENT FINANCE AGENCY                                         | MASSACHUSETTS ST DEV FIN AGY R MASDEV 07/48 FIXED 5         | CUSIP: 57584YJV2<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   6000000 | PA      | $5862698.40   | 0.36%             | 2048-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ECONOMIC DEVELOPMENT FINANCING AUTHORITY                            | PENNSYLVANIA ST ECON DEV FING PASDEV 04/39 FIXED 3          | CUSIP: 70869PMF1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2498755.50   | 0.15%             | 2039-04-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO ELECTRIC POWER AUTHORITY                                             | PUERTO RICO ELEC PWR AUTH PWRR PRCPWR 07/26 FIXED 5.25      | CUSIP: 74526YDT9<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | PR        |  10600000 | PA      | $5167500.00   | 0.32%             | 2026-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| NEW YORK LIBERTY DEVELOPMENT CORPORATION                                         | NEW YORK ST LIBERTY DEV CORP L NYCDEV 11/44 FIXED 5         | CUSIP: 649519DA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $9790513.00   | 0.60%             | 2044-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLORADO BRIDGE & TUNNEL ENTERPRISE                                              | COLORADO BRIDGE   TUNNEL ENTER CBTTRN 12/41 FIXED 5         | CUSIP: 19633TAA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1048162.40   | 0.06%             | 2041-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ECONOMIC DEVELOPMENT FINANCING AUTHORITY                            | PENNSYLVANIA ST ECON DEV FING PASDEV 06/40 FIXED 5.5        | CUSIP: 70868YAR0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5236021.50   | 0.32%             | 2040-06-30      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| TOBACCO SETTLEMENT FINANCE AUTHORITY                                             | TOBACCO SETTLEMENT FIN AUTH WV TOBGEN 06/47 ZEROCPNOID 0    | CUSIP: 88880LAB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  70100000 | PA      | $6414346.28   | 0.39%             | 2047-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| VM FUND I LLC                                                                    | VM FUND I LLC SR SECURED 144A 02/31 8.625                   | CUSIP: 91842WAC4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1153840 | PA      | $1165659.52   | 0.07%             | 2031-02-28      | Fixed         | 8.62%                 | No            |                  3 | On Loan: No      |
| HERNANDO COUNTY OF                                                               | HERNANDO CNTY FL NON AD VALORE HERGEN 06/52 FIXED 5.25      | CUSIP: 42766WAX3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2033254.20   | 0.12%             | 2052-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| TOB SECURITIZATION AUTH NORTHNCALIF                                              | TOBACCO SECURITIZATION AUTH NT TOBGEN 06/49 FIXED 4         | CUSIP: 888794BX1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1489973.63   | 0.09%             | 2049-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CITY OF DETROIT MI SEWAGE DISPOSAL SYSTEM REVENUE                                | DETROIT MI SWR DISP SYS REVENU DETUTL 07/32 FLOATING VAR    | CUSIP: 251237W66<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2930000 | PA      | $2891501.85   | 0.18%             | 2032-07-01      | Floating      | 3.65%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC MULTIFAMILY ML CERTIFICATES                                          | FREDDIE MAC MULTIFAMILY FRETE 2023 ML20 AUS                 | CUSIP: 3137HBCD4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | MUN               | US        |  10492486 | PA      | $10618225.35  | 0.65%             | 2040-08-25      | Variable      | 4.55%                 | No            |                  2 | On Loan: No      |
| ORANGE CNTY FLA HEALTH FACS AUTH FEV                                             | ORANGE CNTY FL HLTH FACS AUTH ORANGE CO HLTH FACS           | CUSIP: 68450LJB2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1090000 | PA      | $1062993.51   | 0.07%             | 2047-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TENNESSEE ENERGY ACQUISITION CORPORATION                                         | TENNESSEE ENERGY ACQUISITION C TNSUTL 05/52 ADJUSTABLE VAR  | CUSIP: 88044TAL3<br>LEI: 549300OJ2Z8PGEY46K92 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5270305.50   | 0.32%             | 2052-05-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| CLACKAMAS CNTY ORE HOSP FAC AUTH REV                                             | CLACKAMAS CNTY OR HOSP FAC AUT CLAMED 11/55 FIXED 5.375     | CUSIP: 179027YN1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $689661.60    | 0.04%             | 2055-11-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| PUBLIC FINANCE AUTHORITY                                                         | PUBLIC FIN AUTH WI SPL REVENUE PUBFAC 09/29 ZEROCPNOID 0    | CUSIP: 74447TAA0<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    742000 | PA      | $549919.94    | 0.03%             | 2029-09-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC MULTIFAMILY M CERTIFICATES M-070                                     | FREDDIE MAC MULTIFAMILY VARIAB FMMV M070 A                  | CUSIP: 3137HASB3<br>LEI: N/A                  | Long             | ABS-MBS          | MUN               | US        |   5883709 | PA      | $6024726.41   | 0.37%             | 2040-07-15      | Floating      | 4.91%                 | No            |                  2 | On Loan: No      |
| PORT OF BEAUMONT NAVIGATION DISTRICT                                             | PORT BEAUMONT TX NAV DIST DOCK PTBTRN 01/30 FIXED 2.5       | CUSIP: 73360CAJ3<br>LEI: 549300G8PKBXALUKJY33 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $922164.50    | 0.06%             | 2030-01-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| BRAZORIA COUNTY INDUSTRIAL DEVELOPMENT CORP                                      | BRAZORIA CNTY TX INDL DEV CORP BZIFAC 06/42 ADJUST OID VAR  | CUSIP: 10604PAE3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2812106 | PA      | $2109079.39   | 0.13%             | 2042-06-01      | Variable      | 10.00%                | No            |                  2 | On Loan: No      |
| COLORADO BRIDGE & TUNNEL ENTERPRISE                                              | COLORADO BRIDGE   TUNNEL ENTER CBTTRN 12/44 FIXED 5         | CUSIP: 19633TAD3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1027950.10   | 0.06%             | 2044-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WASHINGTON STATE HOUSING FINANCE COMMISSION                                      | WASHINGTON ST HSG FIN COMMISSI WA ST HSG FIN COMM 1         | CUSIP: 93978UAA4<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |   4579327 | PA      | $4304112.87   | 0.26%             | 2040-03-20      | Variable      | 4.18%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS STATE                                                              | MASSACHUSETTS ST MAS 02/41 FIXED 4                          | CUSIP: 57582RPK6<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1916910.60   | 0.12%             | 2041-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NEW HAMPSHIRE BUSINESS FINANCE AUTHORITY                                         | NATIONAL FIN AUTH NH POLLUTION NFAPOL 12/28 FIXED 4         | CUSIP: 63609YAA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4050000 | PA      | $4077983.07   | 0.25%             | 2028-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| THE DEVELOPMENT AUTHORITY OF BURKE COUNTY                                        | BURKE CNTY GA DEV AUTH POLL CO BURPOL 11/45 FIXED 4.125     | CUSIP: 121342PM5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4400848.50   | 0.27%             | 2045-11-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ECONOMIC DEVELOPMENT FINANCING AUTHORITY                            | PENNSYLVANIA ST ECON DEV FING PASDEV 12/38 FIXED 5          | CUSIP: 70869PJY4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1150000 | PA      | $1146823.70   | 0.07%             | 2038-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| INLAND EMPIRE TOBACCO SECURITIZATION CORPORATION                                 | INLAND EMPIRE CA TOBACCO SECUR INEGEN 06/38 FIXED 3.678     | CUSIP: 45734TAJ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2330000 | PA      | $2236003.37   | 0.14%             | 2038-06-01      | Fixed         | 3.68%                 | No            |                  2 | On Loan: No      |
| JARRELL INDEPENDENT SCHOOL DISTRICT                                              | JARRELL TX INDEP SCH DIST JARSCD 02/53 FIXED 5              | CUSIP: 471146XA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2800000 | PA      | $2846940.60   | 0.17%             | 2053-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| RIVERS EDGE III COMMUNITY DEVELOPMENT DISTRICT                                   | RIVERS EDGE III CDD FL CAPITAL RVIDEV 05/45 FIXED OID 5.75  | CUSIP: 76882NAK8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $351042.37    | 0.02%             | 2045-05-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| NEW HOPE CULTURAL EDUCATION FACILITIES FINANCE CORP                              | NEW HOPE CULTURAL EDU FACS FIN NHPFAC 07/46 FIXED 5         | CUSIP: 64542PBW4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7300000 | PA      | $5694000.00   | 0.35%             | 2046-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CITY OF CHICAGO                                                                  | CHICAGO IL CHI 01/35 FIXED 5.5                              | CUSIP: 167486D71<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |   1840000 | PA      | $1909907.86   | 0.12%             | 2035-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| WASHINGTON METROPOLITAN AREA TRANSIT AUTHORITY DEDICATED REVENUE                 | WASHINGTON DC MET AREA TRANSIT WA MET AREA TRANSIT A        | CUSIP: 93878YDX4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3300000 | PA      | $3328553.91   | 0.20%             | 2056-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK TRANSPORTATION DEVELOPMENT CORPORATION                                  | NEW YORK ST TRANSPRTN DEV CORP NYTTRN 06/60 FIXED 5.5       | CUSIP: 650116HQ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7000000 | PA      | $7004393.20   | 0.43%             | 2060-06-30      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| MONONGALIA COUNTY OF                                                             | MONONGALIA CNTY WV COMMISSION MONGEN 06/33 FIXED OID 5      | CUSIP: 61022DAB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    395000 | PA      | $407799.94    | 0.03%             | 2033-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST                                                                      | ILLINOIS ST ILS 05/30 FIXED OID 5.5                         | CUSIP: 4521526K2<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   4500000 | PA      | $4763539.80   | 0.29%             | 2030-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO SALES TAX FINANCING CORP SALES TAX REVENUE                           | PUERTO RICO SALES TAX FING COR PRCGEN 07/40 FIXED 4.55      | CUSIP: 74529JRQ0<br>LEI: N/A                  | Long             | DBT              | MUN               | PR        |   4493000 | PA      | $4311179.97   | 0.26%             | 2040-07-01      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| INLIVIAN                                                                         | FAIRHAVEN GLEN TAXABLE CONSTRUCT                            | CUSIP: BA00061Z5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10105441 | PA      | $10105441.00  | 0.62%             | 2027-11-01      | Floating      | 7.63%                 | No            |                  3 | On Loan: No      |
| CALIFORNIA HEALTH FACILITIES FINANCING AUTHORITY                                 | CALIFORNIA ST HLTH FACS FING A CASMED 10/50 ADJUSTABLE VAR  | CUSIP: 13032U4R6<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4416644.80   | 0.27%             | 2050-10-01      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| NEW YORK STATE DORMITORY AUTHORITY                                               | NEW YORK ST DORM AUTH REVENUES NYSHGR 07/36 FIXED 5         | CUSIP: 64985SBK8<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1088676.10   | 0.07%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA STATE                                                                 | CALIFORNIA ST CAS 12/30 FIXED 3.875                         | CUSIP: 13063CXP0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2710000 | PA      | $2684431.69   | 0.16%             | 2030-12-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| CITY OF FORT WORTH TX WATER & SEWER SYSTEM REVENUE                               | FORT WORTH TX WTR   SWR REVENU FTWUTL 02/48 FIXED 5         | CUSIP: 3495155W2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1310000 | PA      | $1335545.92   | 0.08%             | 2048-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PATRIOTS ENERGY GROUP FINANCING AGENCY                                           | PATRIOTS ENERGY GROUP FING AGY PATRIOTS ENERGY GROUP        | CUSIP: 70342PAR5<br>LEI: 5493008X0DFBVFH4HL19 | Long             | DBT              | MUN               | US        |   3100000 | PA      | $3329664.74   | 0.20%             | 2054-02-01      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| REFLECTION BAY COMMUNITY DEVELOPMENT DISTRICT                                    | REFLECTION BAY CDD FL SPL ASSM REFDEV 05/45 FIXED OID 5.625 | CUSIP: 75865NAC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    745000 | PA      | $734104.23    | 0.05%             | 2045-05-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| MUNICIPAL ELECTRIC AUTHORITY OF GEORGIA                                          | MUNI ELEC AUTH OF GA MELPWR 01/40 FIXED 5                   | CUSIP: 62620HJT0<br>LEI: JA0WNILDDF2KUPS83B16 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1307705.25   | 0.08%             | 2040-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FINANCE AUTHORITY                                                         | PUBLIC FIN AUTH WI RETMNT FAC PUBFIN 03/45 FIXED 5.25       | CUSIP: 74444VAV2<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1353529.20   | 0.08%             | 2045-03-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| AFFORDABLE HOUSING OPPORTUNITIES TRUST SERIES AH-01                              | AFFORDABLE HSG OPPORTUNITIES T TENGEN 04/39 FIXED 7.12      | CUSIP: 00826SAP5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3785000 | PA      | $3464327.99   | 0.21%             | 2039-04-01      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| MONROE COUNTY INDUSTRIAL DEVELOPMENT CORPORATION                                 | MONROE CNTY NY INDL DEV AGY MF MONMFH 01/44 FIXED 4.72      | CUSIP: 610758AB0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1800000 | PA      | $1784559.42   | 0.11%             | 2044-01-01      | Fixed         | 4.72%                 | No            |                  2 | On Loan: No      |
| COUNTY OF WARRICK IN                                                             | WARRICK CNTY IN ENVRNMNTL IMPT WARFAC 09/55 ADJUSTABLE VAR  | CUSIP: 936195AJ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1010846.80   | 0.06%             | 2055-09-01      | Variable      | 4.25%                 | No            |                  2 | On Loan: No      |
| BARBERS HILL INDEPENDENT SCHOOL DISTRICT                                         | BARBERS HILL TX INDEP SCH DIST BARSCD 02/54 FIXED OID 4.25  | CUSIP: 067167D94<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1798687.40   | 0.11%             | 2054-02-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| HARVEST CROSSING METROPOLITAN DISTRICT NO 4                                      | HARVEST CROSSING MET DIST 12/52 7.25                        | CUSIP: 41753TAA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2510548.75   | 0.15%             | 2052-12-01      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| SOUTH CAROLINA STATE HOUSING FINANCE AND DEVELOPMENT AUTHORITY                   | MULTIFAMILY TAX EXEMPT MORTGAG MTEMS 2023 07FN PT           | CUSIP: 83712LAF5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6000000 | PA      | $5999137.80   | 0.37%             | 2043-07-01      | Fixed         | 4.77%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA COMMUNITY CHOICE FINANCING AUTHORITY                                  | CALIFORNIA CMNTY CHOICE FING A CCEDEV 10/54 ADJUSTABLE VAR  | CUSIP: 13013JDD5<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   2485000 | PA      | $2665585.94   | 0.16%             | 2054-10-01      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| NEW YORK CITY MUNICIPAL WATER FINANCE AUTHORITY                                  | NEW YORK CITY NY MUNI WTR FIN NYCUTL 06/50 ADJUSTABLE VAR   | CUSIP: 64972GCN2<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |  18760000 | PA      | $18760000.00  | 1.15%             | 2050-06-15      | Variable      | 1.95%                 | No            |                  2 | On Loan: No      |
| MINNEAPOLIS-ST PAUL METROPOLITAN AIRPORTS COMMISSION                             | MINNEAPOLIS SAINT PAUL MN MET MINAPT 01/36 FIXED 5          | CUSIP: 603827K54<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1900000 | PA      | $1988281.22   | 0.12%             | 2036-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| VIRGINIA SMALL BUSINESS FING AUTH HOSP R                                         | VIRGINIA ST SMALL BUSINESS FIN VASHGR 07/34 FIXED OID 5     | CUSIP: 92810PAV3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7610000 | PA      | $6736683.25   | 0.41%             | 2034-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WASHINGTON STATE                                                                 | WASHINGTON ST WAS 07/35 FIXED 5                             | CUSIP: 93974E6B7<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |   2750000 | PA      | $3111053.00   | 0.19%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC MULTIFAMILY ML CERTIFICATES                                          | FREDDIE MAC STRUCTURED PASS TH FMPGEN 10/40 ADJUSTABLE VAR  | CUSIP: 3137HCXR8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | MUN               | US        |   6250065 | PA      | $6374365.13   | 0.39%             | 2040-10-25      | Variable      | 4.68%                 | No            |                  2 | On Loan: No      |
| HENRICO COUNTY ECONOMIC DEVELO                                                   | HENRICO CNTY VA ECON DEV AUTH HENMED 11/35 FIXED 5          | CUSIP: 42605XAA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5510667.00   | 0.34%             | 2035-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA MUNICIPAL FINANCE AUTHORITY                                           | CALIFORNIA ST MUNI FIN AUTH ST CASFIN 07/52 FIXED 5         | CUSIP: 13049YER8<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $856029.30    | 0.05%             | 2052-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ECONOMIC DEVELOPMENT FINANCING AUTHORITY                            | PENNSYLVANIA ST ECON DEV FING PASDEV 12/62 FIXED 5.75       | CUSIP: 70868YAZ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2076377.80   | 0.13%             | 2062-12-31      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA INFRASTRUCTURE AND ECONOMIC DEVELOPMENT BANK                          | CALIFORNIA ST INFRASTRUCTURE CASDEV 01/65 ADJUST OID VAR    | CUSIP: 13034A6B1<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |   7600000 | PA      | $7206342.04   | 0.44%             | 2065-01-01      | Variable      | 9.50%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY TRANSPORTATION TRUST FUND AUTHORITY                                   | NEW JERSEY ST TRANSPRTN TRUST NJSTRN 12/32 ZEROCPNOID 0     | CUSIP: 646136XK2<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1531127.00   | 0.09%             | 2032-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| CSCDA COMMUNITY IMPROVEMENT AUTHORITY                                            | CSCDA CMNTY IMPT AUTH CA ESSEN CDAHSG 10/46 FIXED 3.4       | CUSIP: 126292AJ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    790000 | PA      | $597384.25    | 0.04%             | 2046-10-01      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| FULTON COUNTY RESIDENTIAL CARE                                                   | FULTON CNTY GA RSDL CARE FACS FULMED 04/56 FIXED 4          | CUSIP: 360058FR7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1486115.60   | 0.09%             | 2056-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA COMMUNITY HOUSING AGENCY                                              | CALIFORNIA CMNTY HSG AGY ESSEN CCHHSG 02/56 FIXED OID 4     | CUSIP: 13013FAP9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7010000 | PA      | $3445969.49   | 0.21%             | 2056-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CHICAGO TRANSIT AUTHORITY SALES TAX RECEIPTS FUND                                | CHICAGO IL TRANSIT AUTH SALES CHITRN 12/49 FIXED 5          | CUSIP: 16772PEP7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3750000 | PA      | $3754305.38   | 0.23%             | 2049-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FLORIDA DEVELOPMENT FINANCE CORPORATION                                          | FLORIDA ST DEV FIN CORP FLSDEV 07/41 FIXED 5                | CUSIP: 340618DQ7<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |   4565000 | PA      | $4160883.83   | 0.26%             | 2041-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LONGS PEAK METROPOLITAN DISTRICT                                                 | LONGS PEAK MET DIST CO LPMGEN 12/51 FIXED 5.25              | CUSIP: 54316AAA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2329879.00   | 0.14%             | 2051-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| KENT STATE UNIVERSITY                                                            | KENT OH ST UNIV REVENUES KSUHGR 05/34 FIXED 5               | CUSIP: 490728F49<br>LEI: 549300HL3HX54032AG28 | Long             | DBT              | MUN               | US        |   1425000 | PA      | $1568342.75   | 0.10%             | 2034-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MARICOPA COUNTY INDUSTRIAL DEV                                                   | MARICOPA CNTY AZ INDL DEV AUTH MAREDU 07/26 FIXED 3.5       | CUSIP: 56681NAY3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    535000 | PA      | $529745.71    | 0.03%             | 2026-07-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| INDIANA FINANCE AUTHORITY                                                        | INDIANA ST FIN AUTH STUDENT HS IN FIN AUTH A                | CUSIP: 45471FAX9<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $957360.30    | 0.06%             | 2054-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PARISH OF ST JAMES LA                                                            | SAINT JAMES PARISH LA REVENUE STJGEN 10/40 FIXED 6.35       | CUSIP: 790103AW5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2200000 | PA      | $2362700.56   | 0.15%             | 2040-10-01      | Fixed         | 6.35%                 | No            |                  2 | On Loan: No      |
| MARYLAND ST HEALTH & HIGHER EDL FACS AUTH REV                                    | MARYLAND ST HLTH   HGR EDUCTNL MDSMED 07/45 ADJUSTABLE VAR  | CUSIP: 57421CHV9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2100000 | PA      | $2302034.28   | 0.14%             | 2045-07-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FINANCE AUTHORITY                                                         | PUBLIC FIN AUTH WI HLTHCARE FA PUBMEC 07/41 FIXED 5         | CUSIP: 74444KBW3<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    500000 | PA      | $478746.50    | 0.03%             | 2041-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW ORLEANS AVIATION BOARD                                                       | NEW ORLEANS LA AVIATION BRD NEWTRN 01/37 FIXED 5            | CUSIP: 64763HMJ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4450000 | PA      | $4685585.23   | 0.29%             | 2037-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL WE5053 FR 12/40 FIXED 4.5                 | CUSIP: 3132YATJ7<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   4568000 | PA      | $4526766.63   | 0.28%             | 2040-12-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| CHARLOTTE COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY/FL                             | CHARLOTTE CNTY FL INDL DEV AUT CHAUTL 10/41 FIXED 4         | CUSIP: 16080TAF2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $436130.70    | 0.03%             | 2041-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK CITY TRANSITIONAL FINANCE AUTHORITY FUTURE TAX SECURED REVENUE          | NEW YORK CITY NY TRANSITIONAL NYCGEN 08/39 FIXED 4          | CUSIP: 64971XF86<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $969125.80    | 0.06%             | 2039-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| OHIO HOUSING FINANCE AGENCY                                                      | OHIO ST HSG FIN AGY RSDL MTGE OHSHSG 03/55 FIXED 6.25       | CUSIP: 67756UBE7<br>LEI: 549300K10X7VPG6JVX38 | Long             | DBT              | MUN               | US        |   7800000 | PA      | $8570095.56   | 0.53%             | 2055-03-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| MIDTOWN MIAMI COMMUNITY DEVELOPMENT DISTRICT                                     | MIDTOWN MIAMI FL CDD SPL ASSMN MDTDEV 05/29 FIXED 5         | CUSIP: 59807PAE5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1230000 | PA      | $1230725.33   | 0.08%             | 2029-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WISCONSIN HEALTH AND EDUCATIONAL FACILITIES AUTHORITY                            | WISCONSIN ST HLTH   EDUCTNL FA WISMED 08/46 FIXED 4         | CUSIP: 97712JDM2<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $3489468.40   | 0.21%             | 2046-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| POLK COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY/FL                                  | POLK CNTY FL INDL DEV AUTH POKDEV 01/33 FIXED 5.875         | CUSIP: 731120NQ0<br>LEI: 549300UTRO4TAORRAL04 | Long             | DBT              | MUN               | US        |   2025000 | PA      | $1174500.00   | 0.07%             | 2033-01-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| NEW HAMPSHIRE BUSINESS FINANCE AUTHORITY                                         | NATIONAL FIN AUTH NH MUNI CTFS NFADEV 07/27 FIXED 5.087     | CUSIP: 63607WAL8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5238440 | PA      | $5328863.35   | 0.33%             | 2027-07-20      | Fixed         | 5.09%                 | No            |                  2 | On Loan: No      |
| STATE OF ILLINOIS SALES TAX REVENUE                                              | ILLINOIS ST SALES TAX REVENUE ILSGEN 06/38 FIXED 5          | CUSIP: 452227VJ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5358017.00   | 0.33%             | 2038-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALHOUN COUNTY NAVIGATION INDUSTRIAL DEVELOPMENT AUTHORITY                       | CALHOUN CNTY TX NAVIGATION IND CLHDEV 07/26 FIXED 6.5       | CUSIP: 129729AD1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2750000 | PA      | $2601707.63   | 0.16%             | 2026-07-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC MULTIFAMILY 2024-ML27                                                | FREDDIE MAC MULTIFAMILY FRETE 2024 ML27 BUS                 | CUSIP: 35833XAA4<br>LEI: N/A                  | Long             | ABS-MBS          | MUN               | US        |   3600000 | PA      | $2884998.78   | 0.18%             | 2042-01-25      | Variable      | 5.47%                 | No            |                  2 | On Loan: No      |
| NEW YORK CITY INDUSTRIAL DEVELOPMENT AGENCY                                      | NEW YORK CITY NY INDL DEV AGY NYCDEV 03/26 CPI LINKED VAR   | CUSIP: 64971PFB6<br>LEI: 549300XR20ZR5DHL9534 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2985492.00   | 0.18%             | 2026-03-01      | Variable      | 3.23%                 | No            |                  2 | On Loan: No      |
| VIRGINIA BEACH DEVELOPMENT AUTHORITY                                             | VIRGINIA BEACH VA DEV AUTH RSD VBHDEV 09/53 FIXED 7         | CUSIP: 92774NBB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3830876.00   | 0.24%             | 2053-09-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| ST CLOUD MINN HEALTH CARE REV                                                    | SAINT CLOUD MN HLTH CARE REVEN SUDMED 05/48 FIXED 5         | CUSIP: 78916VDV9<br>LEI: 549300IOO80ICGIWAU74 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1499950.80   | 0.09%             | 2048-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FINANCE AUTHORITY                                                         | PUBLIC FIN AUTH WI REVENUE PUBGEN 01/48 FIXED OID 6.375     | CUSIP: 74442PJV8<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $900000.00    | 0.06%             | 2048-01-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| SOUTHEAST ENERGY AUTHORITY A COOPERATIVE DISTRICT                                | SOUTHEAST ENERGY AUTHORITY A C SEEPWR 11/35 FIXED 5         | CUSIP: 84136HAU7<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |   8600000 | PA      | $8892980.50   | 0.55%             | 2035-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TOBACCO SETTLEMENT FINANCE AUTHORITY                                             | TOBACCO SETTLEMENT FIN AUTH WV TOBGEN 06/49 FIXED 4.875     | CUSIP: 88880LAW3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3345000 | PA      | $3070192.86   | 0.19%             | 2049-06-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| DENTON CNTY TEX                                                                  | DENTON CNTY TX SPL ASSMNT REVE DNNDEV 12/55 FIXED 5.625     | CUSIP: 24880GAN9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2700000 | PA      | $2726614.71   | 0.17%             | 2055-12-31      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| THE PORT AUTHORITY OF NEW YORK AND NEW JERSEY                                    | PORT AUTH OF NEW YORK   NEW JE PORTRN 08/52 FIXED 5.5       | CUSIP: 73358XGN6<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2059589.00   | 0.13%             | 2052-08-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL WE6104 FR 01/41 FIXED 3.72                | CUSIP: 3132YBX92<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   4438415 | PA      | $4089499.20   | 0.25%             | 2041-01-01      | Fixed         | 3.72%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA MUNICIPAL FINANCE AUTHORITY                                           | CALIFORNIA MUNI FIN AUTH FED L CASFIN 07/30 FIXED 3.637     | CUSIP: 13049GAB6<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1445000 | PA      | $1296519.60   | 0.08%             | 2030-07-01      | Fixed         | 3.64%                 | No            |                  2 | On Loan: No      |
| NEW YORK TRANSPORTATION DEVELOPMENT CORPORATION                                  | NEW YORK ST TRANSPRTN DEV CORP NYTTRN 04/35 FIXED 6         | CUSIP: 650116GN0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3400000 | PA      | $3700449.50   | 0.23%             | 2035-04-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO ELECTRIC POWER AUTHORITY                                             | PUERTO RICO ELEC PWR AUTH 07/40 0                           | CUSIP: 74526YEE1<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $1462500.00   | 0.09%             | 2040-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| PUBLIC FINANCE AUTHORITY                                                         | PUBLIC FIN AUTH WI REVENUE PUBGEN 01/61 ZEROCPNOID 0        | CUSIP: 74442PRQ0<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   4575000 | PA      | $321649.95    | 0.02%             | 2061-01-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| GILBERTS SPECIAL SERVICE AREA NO 25                                              | GILBERTS IL SPL SVC AREA  25 S GILFAC 03/48 INT APROID VAR  | CUSIP: 37546TAA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4913000 | PA      | $4649136.53   | 0.29%             | 2048-03-01      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| SOUTHEAST ENERGY AUTHORITY A COOPERATIVE DISTRICT                                | SOUTHEAST ENERGY AUTHORITY A C SEEPWR 01/56 ADJUSTABLE VAR  | CUSIP: 84136HBC6<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |   6300000 | PA      | $6433074.27   | 0.40%             | 2056-01-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FINANCE AUTHORITY                                                         | PUBLIC FIN AUTH WI HLTHCARE FA PUBMEC 07/37 FIXED 5         | CUSIP: 74444KBS2<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    500000 | PA      | $503265.35    | 0.03%             | 2037-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FINANCE AUTHORITY                                                         | PUBLIC FIN AUTH WI REVENUE PUBGEN 01/55 FIXED 5             | CUSIP: 74442PPU3<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $823919.90    | 0.05%             | 2055-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| VIRGINIA SMALL BUSINESS FING AUTH HOSP R                                         | VIRGINIA ST SMALL BUSINESS FIN VASMED 06/42 FIXED 5         | CUSIP: 928105CJ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2150000 | PA      | $2190896.23   | 0.13%             | 2042-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GUAM DEPARTMENT OF EDUCATION                                                     | GUAM GOVT DEPT OF EDU COPS GMSEDU 02/30 FIXED 4.25          | CUSIP: 40065AAG0<br>LEI: N/A                  | Long             | DBT              | MUN               | GU        |   1500000 | PA      | $1488512.85   | 0.09%             | 2030-02-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| MICHIGAN STATE HOUSING DEVELOPMENT AUTHORITY                                     | MICHIGAN ST HSG DEV AUTH SF MT MISHSG 06/55 FIXED 6.25      | CUSIP: 594654ZT5<br>LEI: 549300NSWW1HVXE93T03 | Long             | DBT              | MUN               | US        |   1800000 | PA      | $1975894.74   | 0.12%             | 2055-06-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO GOVT                                                                 | PUERTO RICO CMWLTH PRC 11/51 ADJUSTABLE VAR                 | CUSIP: 74514L4C8<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | PR        |  46196856 | PA      | $29219511.15  | 1.80%             | 2051-11-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| OKLAHOMA DEVELOPMENT FINANCE AUTHORITY                                           | OKLAHOMA ST DEV FIN AUTH OKSDEV 08/36 FIXED 4               | CUSIP: 6789083N2<br>LEI: 549300PXGPHUWC32DJ91 | Long             | DBT              | MUN               | US        |   1230000 | PA      | $1152204.10   | 0.07%             | 2036-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CITY OF PILOT POINT TX                                                           | PILOT POINT TX SPL ASSMNT REVE PILGEN 09/35 FIXED OID 5.25  | CUSIP: 721614BA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    425000 | PA      | $432654.89    | 0.03%             | 2035-09-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| TOLL ROAD INVESTORS PARTNERSHIP II LP                                            | TOLL ROAD INV PART II INSURED 144A 02/43 0.00000            | CUSIP: 88948ABM8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   6595959 | PA      | $2236689.63   | 0.14%             | 2043-02-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| MIDA CORMONT PUBLIC INFRASTRUCTURE DISTRICT                                      | MIDA CORMONT PUBLIC INFRASTRUC MCRDEV 06/55 INT APROID VAR  | CUSIP: 59561JAB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1350000 | PA      | $1100157.80   | 0.07%             | 2055-06-01      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| AFFORDABLE HOUSING OPPORTUNITIES TRUST SERIES AH-01                              | AFFORDABLE HSG OPPORTUNITIES T TENGEN 04/39 FIXED 3.956     | CUSIP: 00826SAS9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4655000 | PA      | $4625320.65   | 0.28%             | 2039-04-01      | Fixed         | 4.36%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-08-19

**Name of Applicant:** PIMCO Flexible Municipal Income Fund

**Signature:** /s/ Bijal Parikh

**Name of Signer:** Bijal Parikh

**Title:** Treasurer