# EDGAR Filing Document

**Accession Number:** 0000916620
**File Stem:** 0002071691-26-012334
**Filing Date:** 2026-5
**Character Count:** 867716
**Document Hash:** 5b98f3e9f6ae2ef5a6b8196181ad096f
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002071691-26-012334.hdr.sgml**: 20260528

**ACCESSION NUMBER**: 0002071691-26-012334

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260528

**DATE AS OF CHANGE**: 20260528

**PERIOD START**: 20261231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** NORTHERN FUNDS
- **CENTRAL INDEX KEY:** 0000916620

**ORGANIZATION NAME:**
- **EIN:** 391777365
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0331

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-08236
- **FILM NUMBER:** 261029151

**BUSINESS ADDRESS:**
- **STREET 1:** NORTHERN FUNDS
- **STREET 2:** 50 SOUTH LASALLE STREET
- **CITY:** CHICAGO
- **STATE:** IL
- **ZIP:** 60603
- **BUSINESS PHONE:** 800-595-9111

**MAIL ADDRESS:**
- **STREET 1:** NORTHERN FUNDS
- **STREET 2:** 50 SOUTH LASALLE STREET
- **CITY:** CHICAGO
- **STATE:** IL
- **ZIP:** 60603

## Series and Classes Contracts Data

### Northern Trust Intermediate Tax-Exempt Bond ETF (Series ID: S000093504)

| Class ID   | Class Name                                      | Ticker Symbol   |
|:---|:---|:---|
| C000261792 | Northern Trust Intermediate Tax-Exempt Bond ETF | TAXI            |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Northern Funds

- **b. Investment Company Act file number:** 811-08236

- **c. CIK number of Registrant:** 0000916620

- **d. LEI of Registrant:** 5493004ZY1PEJR3C0A81

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

  - **Street Address 1:** 50 South LaSalle Street

  - **City:** Chicago

  - **State:** IL

  - **Foreign country:** US

  - **Zip / Postal Code:** 60603

  - **Telephone number:** 800-595-9111

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

- **a. Name of Series:** Northern Trust Intermediate Tax-Exempt Bond ETF

- **b. EDGAR series identifier (if any):** S000093504

- **c. LEI of Series:** 254900VUZLGHECQZU736

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

- **a. Date of fiscal year-end:** 2026-12-31

- **b. Date as of which information is reported:** 2026-03-31

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $113215873.98

**Total Liabilities:** $230257.08

**Net Assets:** $112985616.90

**Cash Not Reported:** $266419.15

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 95.00000000 | **1-Year:** 2494.00000000 | **5-Year:** 12264.00000000 | **10-Year:** 32672.00000000 | **30-Year:** 4343.00000000

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

- **3-Month:** 0.00000000 | **1-Year:** 0.00000000 | **5-Year:** 0.00000000 | **10-Year:** 0.00000000 | **30-Year:** 0.00000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000261792 | 0.86%                | 0.86%                | -1.91%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $0.00                    | $355888.69                                 |
| Month 2  | $0.00                    | $421372.09                                 |
| Month 3  | $2504.34                 | $-2000542.74                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| County of San Bernardino CA                                                      | County of San Bernardino, Series 2019A                                                              | CUSIP: 796815ZC5<br>LEI: 254900RTS8DDNPA7MX91 | Long             | DBT              | MUN               | US        |     60000 | PA      | $60803.02     | 0.05%             | 2026-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Washington                                                              | State of Washington, Series 2023B                                                                   | CUSIP: 93974EYU4<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |     25000 | PA      | $27845.61     | 0.02%             | 2035-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Central Florida Expressway Authority                                             | Central Florida Expressway Authority, Series 2021D                                                  | CUSIP: 153476HG4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     55000 | PA      | $60683.56     | 0.05%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arlington Independent School District/TX                                         | Arlington Independent School District, Series 2025                                                  | CUSIP: 041827AF3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $21325.24     | 0.02%             | 2029-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                                 | Pennsylvania Turnpike Commission, Series 2017                                                       | CUSIP: 709224ZW2<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |     60000 | PA      | $61706.37     | 0.05%             | 2035-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| JEA Water & Sewer System Revenue                                                 | JEA Water & Sewer System, Series 2017A                                                              | CUSIP: 46613P3K0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    170000 | PA      | $175439.46    | 0.16%             | 2030-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Atlanta GA Department of Aviation                                        | City of Atlanta, Series 2020A                                                                       | CUSIP: 04780MWY1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     55000 | PA      | $55337.79     | 0.05%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles County Metropolitan Transportation Authority Sales Tax Revenue       | Los Angeles County Metropolitan Transportation Authority, Series 2021A                              | CUSIP: 54466HKQ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     40000 | PA      | $44323.24     | 0.04%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Austin TX                                                                | City of Austin, Series 2024                                                                         | CUSIP: 052397Q90<br>LEI: IW10PQVTU7HKS3JMW253 | Long             | DBT              | MUN               | US        |     50000 | PA      | $56005.76     | 0.05%             | 2032-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Austin TX                                                                | City of Austin, Series 2023                                                                         | CUSIP: 052397H82<br>LEI: IW10PQVTU7HKS3JMW253 | Long             | DBT              | MUN               | US        |     90000 | PA      | $95011.33     | 0.08%             | 2028-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Denver City & County School District No. 1                                       | Denver City & County School District No. 1, Series 2021                                             | CUSIP: 249174XN8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10935.69     | 0.01%             | 2032-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of North Texas System                                                 | University of North Texas, Series 2017A                                                             | CUSIP: 914729RW0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $30590.01     | 0.03%             | 2032-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Florida Department of Transportation Turnpike System Revenue            | State of Florida, Series 2019A                                                                      | CUSIP: 343137EQ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    105000 | PA      | $110376.15    | 0.10%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Georgia                                                                 | State of Georgia, Series 2017A2                                                                     | CUSIP: 373385AV5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $23438.71     | 0.02%             | 2037-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | State of Illinois, Series 2024B                                                                     | CUSIP: 452153JR1<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |     35000 | PA      | $38531.00     | 0.03%             | 2034-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Maryland                                                                | State of Maryland, Series A2                                                                        | CUSIP: 574193RR1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $31699.40     | 0.03%             | 2028-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Galveston Independent School District                                            | Galveston Independent School District, Series 2022                                                  | CUSIP: 364496QH5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $53068.30     | 0.05%             | 2036-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Government of Nashville & Davidson County TN                        | Metropolitan Government of Nashville & Davidson County, Series 2018                                 | CUSIP: 592112TC0<br>LEI: 549300GW8FVQJ3DU6O10 | Long             | DBT              | MUN               | US        |     55000 | PA      | $55346.00     | 0.05%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois State Toll Highway Authority                                            | Illinois State Toll Highway Authority, Series 2024A                                                 | CUSIP: 452252QG7<br>LEI: 549300ISBFGI8MJJKM98 | Long             | DBT              | MUN               | US        |     50000 | PA      | $52150.66     | 0.05%             | 2028-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                                   | Black Belt Energy Gas District, Series 2024A                                                        | CUSIP: 09182TDL8<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |    120000 | PA      | $123352.99    | 0.11%             | 2055-05-01      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| Great Lakes Water Authority Water Supply System Revenue                          | Great Lakes Water Authority, Series 2024A                                                           | CUSIP: 39081JHA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    130000 | PA      | $146062.72    | 0.13%             | 2034-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Iowa Finance Authority                                                           | Iowa Finance Authority, Series 2019A                                                                | CUSIP: 46246K6A5<br>LEI: 549300NQVL49BTHOW391 | Long             | DBT              | MUN               | US        |     90000 | PA      | $94500.37     | 0.08%             | 2032-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| King County School District No. 411 Issaquah                                     | King County School District No. 411, Series 2017                                                    | CUSIP: 4952243S4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     55000 | PA      | $55875.01     | 0.05%             | 2032-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of Alabama (The)                                                      | University of Alabama (The), Series 2019A                                                           | CUSIP: 914026UK3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    125000 | PA      | $133509.49    | 0.12%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Howard MD                                                              | County of Howard, Series 2017D                                                                      | CUSIP: 44256PKQ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $20878.51     | 0.02%             | 2030-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Houston TX                                                               | City of Houston, Series 2019A                                                                       | CUSIP: 4423315A8<br>LEI: 549300C64URYS0WQQY42 | Long             | DBT              | MUN               | US        |     20000 | PA      | $21261.78     | 0.02%             | 2029-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Clark County School District No. 114 Evergreen                                   | Clark County School District No. 114, Series 2019                                                   | CUSIP: 181234P41<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     95000 | PA      | $101594.26    | 0.09%             | 2030-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Polk County School District                                                      | Polk County School District, Series 2019                                                            | CUSIP: 731127DA1<br>LEI: 549300N07FMPTRZO0044 | Long             | DBT              | MUN               | US        |     45000 | PA      | $48067.95     | 0.04%             | 2031-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of San Antonio TX Electric & Gas Systems Revenue                            | City of San Antonio, Series 2016                                                                    | CUSIP: 7962535T5<br>LEI: 5493002G2FEH20Q4GQ04 | Long             | DBT              | MUN               | US        |     75000 | PA      | $75098.81     | 0.07%             | 2034-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| San Antonio Independent School District/TX                                       | City of San Antonio, Series 2025                                                                    | CUSIP: 796269N53<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     35000 | PA      | $36956.05     | 0.03%             | 2028-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of West Virginia                                                           | State of West Virginia, Series 2019A                                                                | CUSIP: 956553F55<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    170000 | PA      | $181969.53    | 0.16%             | 2030-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of King WA Sewer Revenue                                                  | County of King, Series 2018B                                                                        | CUSIP: 495290AT5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $52705.61     | 0.05%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lancaster County School District/SC                                              | Lancaster County School District, Series 2017                                                       | CUSIP: 514120LM4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     80000 | PA      | $79313.85     | 0.07%             | 2032-03-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| County of Clark NV                                                               | County of Clark, Series 2023                                                                        | CUSIP: 181000TJ9<br>LEI: 549300LDD8NZB2EOVG83 | Long             | DBT              | MUN               | US        |     85000 | PA      | $93037.01     | 0.08%             | 2037-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas, Inc.                                                    | Main Street Natural Gas, Inc., Series 2024A                                                         | CUSIP: 56035DGT3<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |    175000 | PA      | $185443.25    | 0.16%             | 2054-05-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Miami-Dade FL Water & Sewer System Revenue                             | County of Miami-Dade, Series 2025B                                                                  | CUSIP: 59334DQX5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $11270.16     | 0.01%             | 2033-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Connecticut                                                             | State of Connecticut, Series 2024C                                                                  | CUSIP: 20772KWC9<br>LEI: 549300PHW5BZHA7BEX81 | Long             | DBT              | MUN               | US        |     10000 | PA      | $11048.40     | 0.01%             | 2031-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Clark Department of Aviation                                           | County of Clark, Series 2019B                                                                       | CUSIP: 18085PRR7<br>LEI: 549300LDD8NZB2EOVG83 | Long             | DBT              | MUN               | US        |     10000 | PA      | $10567.34     | 0.01%             | 2034-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Atlanta GA Water & Wastewater Revenue                                    | City of Atlanta, Series 2018C                                                                       | CUSIP: 047870QX1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    110000 | PA      | $111622.04    | 0.10%             | 2026-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Wisconsin                                                               | State of Wisconsin, Series 2020A                                                                    | CUSIP: 97705MRE7<br>LEI: 549300VTAT608CNZ5827 | Long             | DBT              | MUN               | US        |     70000 | PA      | $71732.34     | 0.06%             | 2029-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Oregon State Lottery                                                             | Oregon State Lottery, Series 2025A                                                                  | CUSIP: 68607V6L4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     15000 | PA      | $16821.74     | 0.01%             | 2038-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Maine                                                                   | State of Maine, Series 2020B                                                                        | CUSIP: 56052AE36<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     45000 | PA      | $46306.90     | 0.04%             | 2027-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Iowa Finance Authority                                                           | Iowa Finance Authority, Series 2023A                                                                | CUSIP: 46247SDV3<br>LEI: 549300NQVL49BTHOW391 | Long             | DBT              | MUN               | US        |     25000 | PA      | $27189.33     | 0.02%             | 2040-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                                 | Pennsylvania Turnpike Commission, Series 2017A                                                      | CUSIP: 709224VA4<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |     75000 | PA      | $75228.17     | 0.07%             | 2037-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Illinois State Toll Highway Authority                                            | Illinois State Toll Highway Authority, Series 2018A                                                 | CUSIP: 452252NC9<br>LEI: 549300ISBFGI8MJJKM98 | Long             | DBT              | MUN               | US        |     60000 | PA      | $61128.29     | 0.05%             | 2027-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Rhode Island Commerce Corp.                                                      | Rhode Island Commerce Corp., Series 2024A                                                           | CUSIP: 762232CA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     80000 | PA      | $88593.27     | 0.08%             | 2035-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| School District of Broward County/FL                                             | School District of Broward County, Series 2025A                                                     | CUSIP: 115065E67<br>LEI: 5493006KVNQDJ1D0OD92 | Long             | DBT              | MUN               | US        |    135000 | PA      | $150909.82    | 0.13%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Katy Independent School District                                                 | Katy Independent School District, Series 2017                                                       | CUSIP: 486063WM8<br>LEI: 254900H9QSKVP2HWVL72 | Long             | DBT              | MUN               | US        |     35000 | PA      | $35470.43     | 0.03%             | 2039-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Columbus OH                                                              | City of Columbus, Series 2023A                                                                      | CUSIP: 1994922V0<br>LEI: 254900NS3ODS0FZ3AM48 | Long             | DBT              | MUN               | US        |    140000 | PA      | $157270.18    | 0.14%             | 2035-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Cypress-Fairbanks Independent School District                                    | Cypress-Fairbanks Independent School District, Series 2022                                          | CUSIP: 232769KR9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     35000 | PA      | $38098.50     | 0.03%             | 2036-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois State Toll Highway Authority                                            | Illinois State Toll Highway Authority, Series 2017A                                                 | CUSIP: 452252MS5<br>LEI: 549300ISBFGI8MJJKM98 | Long             | DBT              | MUN               | US        |     40000 | PA      | $41039.40     | 0.04%             | 2039-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kentucky State Property & Building Commission                                    | Kentucky State Property & Building Commission                                                       | CUSIP: 49151FTC4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $30700.96     | 0.03%             | 2028-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                                   | Black Belt Energy Gas District, Series 2024C                                                        | CUSIP: 09182TDU8<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |    140000 | PA      | $148487.71    | 0.13%             | 2055-05-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Alabama Highway Authority                                                        | Alabama State Highway Authority, Series 2025                                                        | CUSIP: 010559AE2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10958.01     | 0.01%             | 2030-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indianapolis Local Public Improvement Bond Bank                                  | Indianapolis Local Public Improvement Bond Bank, Series 2021A                                       | CUSIP: 45528US85<br>LEI: 549300LX8ESJHDSESB87 | Long             | DBT              | MUN               | US        |    150000 | PA      | $163237.86    | 0.14%             | 2034-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                          | Los Angeles Department of Water & Power, Series 2024C                                               | CUSIP: 544532MF8<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |     25000 | PA      | $27862.46     | 0.02%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| School Board of Miami-Dade County (The)                                          | School Board of Miami-Dade County (The), Series 2025A                                               | CUSIP: 59333MX42<br>LEI: 549300J3U4QVT6U3O129 | Long             | DBT              | MUN               | US        |     20000 | PA      | $22354.29     | 0.02%             | 2032-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Dallas College                                                                   | Dallas College, Series 2023                                                                         | CUSIP: 234685MD4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     65000 | PA      | $66373.91     | 0.06%             | 2027-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of San Antonio TX Electric & Gas Systems Revenue                            | City of San Antonio, Series 2023A                                                                   | CUSIP: 79625GGH0<br>LEI: 5493002G2FEH20Q4GQ04 | Long             | DBT              | MUN               | US        |     25000 | PA      | $27860.08     | 0.02%             | 2035-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | New York State Dormitory Authority, Series 2018A                                                    | CUSIP: 64990GAT9<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |     55000 | PA      | $55622.72     | 0.05%             | 2027-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                          | Los Angeles Department of Water & Power, Series 2024D                                               | CUSIP: 544532NC4<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |    115000 | PA      | $125080.66    | 0.11%             | 2038-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Sales Tax Securitization Corp.                                                   | Sales Tax Securitization Corp., Series 2024A                                                        | CUSIP: 79467BHR9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     70000 | PA      | $75984.08     | 0.07%             | 2038-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | State of Illinois, Series 2020B                                                                     | CUSIP: 4521526U0<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |     50000 | PA      | $53912.96     | 0.05%             | 2030-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue          | New York City Transitional Finance Authority, Series 2025D                                          | CUSIP: 64972JMZ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $225908.50    | 0.20%             | 2034-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas, Inc.                                                    | Main Street Natural Gas, Inc., Series 2023B                                                         | CUSIP: 56035DFC1<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |    100000 | PA      | $104853.84    | 0.09%             | 2053-07-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                   | New Jersey Transportation Trust Fund Authority, Series 2016A1                                       | CUSIP: 6461362D2<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |     30000 | PA      | $30132.63     | 0.03%             | 2029-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Tallahassee FL Utility System Revenue                                    | City of Tallahassee, Series 2024A                                                                   | CUSIP: 874461MA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $28158.53     | 0.02%             | 2032-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Georgia                                                                 | State of Georgia, Series 2017A                                                                      | CUSIP: 373385AM5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     60000 | PA      | $61248.47     | 0.05%             | 2029-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                                 | Pennsylvania Turnpike Commission, Series 2022A                                                      | CUSIP: 709225FH4<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |     45000 | PA      | $50318.61     | 0.04%             | 2033-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Florida                                                                 | State of Florida, Series 2022C                                                                      | CUSIP: 34153QWQ5<br>LEI: 5493004G5XFOOUT0LQ57 | Long             | DBT              | MUN               | US        |     20000 | PA      | $21057.18     | 0.02%             | 2028-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Houston TX Airport System Revenue                                        | City of Houston, Series 2018B                                                                       | CUSIP: 442349BD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $30174.38     | 0.03%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indianapolis Local Public Improvement Bond Bank                                  | Indianapolis Local Public Improvement Bond Bank, Series 2019A                                       | CUSIP: 45528UYX3<br>LEI: 549300LX8ESJHDSESB87 | Long             | DBT              | MUN               | US        |     45000 | PA      | $47609.74     | 0.04%             | 2032-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Dallas TX                                                                | City of Dallas, Series 2024C                                                                        | CUSIP: 235219YL0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $78372.39     | 0.07%             | 2028-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Florida Department of Transportation Turnpike System Revenue            | State of Florida, Series 2019A                                                                      | CUSIP: 343137EP6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $26346.58     | 0.02%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Hennepin MN                                                            | County of Hennepin, Series 2024A                                                                    | CUSIP: 425507QA1<br>LEI: 254900YDNULMQREFAU43 | Long             | DBT              | MUN               | US        |     45000 | PA      | $49886.63     | 0.04%             | 2039-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Jacksonville FL                                                          | City of Jacksonville, Series 2022A                                                                  | CUSIP: 469487TE2<br>LEI: 549300XQE0JVN9WV0J40 | Long             | DBT              | MUN               | US        |     10000 | PA      | $10754.95     | 0.01%             | 2029-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Delaware                                                                | State of Delaware, Series 2023A                                                                     | CUSIP: 246381SG3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     65000 | PA      | $69743.85     | 0.06%             | 2029-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas, Inc.                                                    | Main Street Natural Gas, Inc., Series 2022A                                                         | CUSIP: 56035DDX7<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |     65000 | PA      | $65638.98     | 0.06%             | 2052-09-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| State of New Mexico                                                              | State of New Mexico, Series 2025                                                                    | CUSIP: 647293TK5<br>LEI: 549300H4YLM23QKOGK29 | Long             | DBT              | MUN               | US        |     70000 | PA      | $75135.12     | 0.07%             | 2035-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Forney Independent School District                                               | Forney Independent School District, Series 2025                                                     | CUSIP: 346425LS8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10762.12     | 0.01%             | 2029-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Michigan                                                                | State of Michigan, Series 2016                                                                      | CUSIP: 594612DJ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     80000 | PA      | $81859.15     | 0.07%             | 2027-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois Sales Tax Revenue                                              | State of Illinois, Series 2024B                                                                     | CUSIP: 452227UQ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $21402.77     | 0.02%             | 2039-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                             | Triborough Bridge & Tunnel Authority, Series 2023B1                                                 | CUSIP: 89602RKM6<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |     50000 | PA      | $54377.14     | 0.05%             | 2039-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Wisconsin                                                               | State of Wisconsin, Series 2021-1                                                                   | CUSIP: 97705MSP1<br>LEI: 549300VTAT608CNZ5827 | Long             | DBT              | MUN               | US        |     85000 | PA      | $92403.25     | 0.08%             | 2031-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of West Virginia                                                           | State of West Virginia, Series 2018B                                                                | CUSIP: 956553A92<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    125000 | PA      | $130470.40    | 0.12%             | 2033-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia                                                             | District of Columbia, Series 2021D                                                                  | CUSIP: 25476FYL6<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |     55000 | PA      | $59502.40     | 0.05%             | 2035-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Hawaii                                                                  | State of Hawaii, Series FH                                                                          | CUSIP: 419792MH6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    145000 | PA      | $146846.26    | 0.13%             | 2026-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Tennessee                                                               | State of Tennessee, Series 2023A                                                                    | CUSIP: 880541H67<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     40000 | PA      | $45022.30     | 0.04%             | 2032-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Forney Independent School District                                               | Forney Independent School District, Series 2022B                                                    | CUSIP: 346425HV6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     15000 | PA      | $16263.04     | 0.01%             | 2035-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southern California Public Power Authority                                       | Southern California Public Power Authority, Series 2024A                                            | CUSIP: 84247PNM9<br>LEI: 5493003B5TD5FWUKMD34 | Long             | DBT              | MUN               | US        |     15000 | PA      | $16579.11     | 0.01%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                   | New Jersey Transportation Trust Fund Authority, Series 2025AA                                       | CUSIP: 64613CHG6<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |    150000 | PA      | $166544.85    | 0.15%             | 2038-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Oklahoma State University                                                        | Oklahoma State University, Series 2020A                                                             | CUSIP: 679191HC3<br>LEI: 254900M845UI413F1O58 | Long             | DBT              | MUN               | US        |      5000 | PA      | $5046.50      | 0.00%             | 2026-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Transportation Commission                                                  | Texas Transportation Commission, Series 2024                                                        | CUSIP: 882830BP6<br>LEI: 5493006JSGNPGVJS7691 | Long             | DBT              | MUN               | US        |     30000 | PA      | $32012.56     | 0.03%             | 2029-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | State of Illinois, Series 2019B                                                                     | CUSIP: 4521525R8<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |     50000 | PA      | $48892.42     | 0.04%             | 2036-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Aldine Independent School District                                               | Aldine Independent School District, Series 2014                                                     | CUSIP: 014393ZM7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $32559.17     | 0.03%             | 2040-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Washington                                                              | State of Washington, Series 2018V                                                                   | CUSIP: 93974D2F4<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |     25000 | PA      | $26115.42     | 0.02%             | 2028-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Seminole County School District Sales Tax Revenue                                | Seminole County School District, Series 2025                                                        | CUSIP: 816696AB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    155000 | PA      | $156941.81    | 0.14%             | 2026-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Miami-Dade FL                                                          | County of Miami-Dade, Series 2016A                                                                  | CUSIP: 59333FXC9<br>LEI: 549300QG0NBD9HULR263 | Long             | DBT              | MUN               | US        |     55000 | PA      | $59950.85     | 0.05%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Williamson TX                                                          | County of Williamson, Series 2020                                                                   | CUSIP: 9698876F0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $26505.61     | 0.02%             | 2029-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kentucky State Property & Building Commission                                    | Kentucky State Property & Building Commission, Series A                                             | CUSIP: 49151F6G0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $11316.14     | 0.01%             | 2036-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Orlando Utilities Commission                                                     | Orlando Utilities Commission, Series 2023A                                                          | CUSIP: 686507KX1<br>LEI: 549300EJR7JVMRXL5D66 | Long             | DBT              | MUN               | US        |     70000 | PA      | $77184.35     | 0.07%             | 2037-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Clark Department of Aviation                                           | County of Clark, Series 2024A                                                                       | CUSIP: 18085PTJ3<br>LEI: 549300LDD8NZB2EOVG83 | Long             | DBT              | MUN               | US        |     30000 | PA      | $33461.10     | 0.03%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Mississippi                                                             | State of Mississippi, Series 2021C                                                                  | CUSIP: 605581PM3<br>LEI: 549300JRWW5RFQUB7P94 | Long             | DBT              | MUN               | US        |     45000 | PA      | $47165.94     | 0.04%             | 2034-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Idaho Housing & Finance Association                                              | Idaho Housing & Finance Association, Series 2023A                                                   | CUSIP: 45130ABN4<br>LEI: 5493002WM3NYB1LQB744 | Long             | DBT              | MUN               | US        |     20000 | PA      | $21908.60     | 0.02%             | 2039-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Harris TX                                                              | County of Harris, Series 2020A                                                                      | CUSIP: 414005C48<br>LEI: 549300G9BRP25M0W1S40 | Long             | DBT              | MUN               | US        |     25000 | PA      | $25314.57     | 0.02%             | 2026-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                                 | Pennsylvania Turnpike Commission, Series 2019A                                                      | CUSIP: 709224N54<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |    100000 | PA      | $106882.31    | 0.09%             | 2032-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Hurst-Euless-Bedford Independent School District                                 | Hurst-Euless-Bedford Independent School District, Series 2024                                       | CUSIP: 447819KE2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    130000 | PA      | $142081.58    | 0.13%             | 2039-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Alabama Highway Authority                                                        | Alabama Highway Authority, Series 2025                                                              | CUSIP: 010559AJ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $22792.28     | 0.02%             | 2034-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue          | New York City Transitional Finance Authority, Series 2025J1                                         | CUSIP: 64972JTY4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     15000 | PA      | $16192.92     | 0.01%             | 2029-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida Department of Environmental Protection                                   | Florida Department of Environmental Protection, Series 2018A                                        | CUSIP: 34160WB86<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $31607.85     | 0.03%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Deutsche Intermediate Tax-Free Fund                                              | City of Houston, Series 2017B                                                                       | CUSIP: 44244CNG8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     60000 | PA      | $62204.17     | 0.06%             | 2028-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Water Development Board                                                    | Texas Water Development Board, Series 2021                                                          | CUSIP: 8828546X5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $32989.04     | 0.03%             | 2033-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Wake NC                                                                | County of Wake, Series 2021                                                                         | CUSIP: 930864DR1<br>LEI: 5493007XQJHO082P1H29 | Long             | DBT              | MUN               | US        |     25000 | PA      | $26257.67     | 0.02%             | 2028-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | State of Illinois, Series 2017D                                                                     | CUSIP: 452152Q20<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |     55000 | PA      | $56627.54     | 0.05%             | 2028-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Government of Nashville & Davidson County TN                        | Metropolitan Government of Nashville & Davidson County, Series 2018                                 | CUSIP: 592112TJ5<br>LEI: 549300GW8FVQJ3DU6O10 | Long             | DBT              | MUN               | US        |     25000 | PA      | $26149.80     | 0.02%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | New York State Dormitory Authority, Series 2017B                                                    | CUSIP: 64990FGE8<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |     30000 | PA      | $30714.75     | 0.03%             | 2037-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of San Antonio TX Electric & Gas Systems Revenue                            | City of San Antonio, Series 2016                                                                    | CUSIP: 7962535L2<br>LEI: 5493002G2FEH20Q4GQ04 | Long             | DBT              | MUN               | US        |    110000 | PA      | $110849.59    | 0.10%             | 2027-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                  | California Community Choice Financing Authority, Series 2024B                                       | CUSIP: 13013JEA0<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |    125000 | PA      | $127625.46    | 0.11%             | 2055-01-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Cook IL Sales Tax Revenue                                              | County of Cook, Series 2017                                                                         | CUSIP: 213248BD8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     65000 | PA      | $66908.60     | 0.06%             | 2033-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Leon County - City of Tallahassee Blueprint Intergovernmental Agency             | Leon County - City of Tallahassee Blueprint Intergovernmental Agency, Series 2024                   | CUSIP: 523400BD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     90000 | PA      | $98931.66     | 0.09%             | 2036-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Weld County School District No. RE-4                                             | Weld County School District No. Re-4, Series 2023                                                   | CUSIP: 949232ET5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $54862.72     | 0.05%             | 2036-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                                   | Black Belt Energy Gas District, Series 2023A                                                        | CUSIP: 09182TCQ8<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |    175000 | PA      | $185605.54    | 0.16%             | 2054-01-01      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| Missouri Joint Municipal Electric Utility Commission                             | Missouri Joint Municipal Electric Utility Commission, Series 2025                                   | CUSIP: 606092PY4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     35000 | PA      | $35518.63     | 0.03%             | 2026-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Minnesota                                                               | State of Minnesota, Series 2020A                                                                    | CUSIP: 60412ATK9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     15000 | PA      | $16337.00     | 0.01%             | 2032-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Idaho State Building Authority                                                   | Idaho State Building Authority, Series 2024A                                                        | CUSIP: 451446AJ7<br>LEI: 549300XZ1VJYPPKQZU06 | Long             | DBT              | MUN               | US        |    105000 | PA      | $118972.04    | 0.11%             | 2033-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Seattle WA Municipal Light & Power Revenue                               | City of Seattle, Series 2025                                                                        | CUSIP: 812643D84<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $55739.37     | 0.05%             | 2039-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington Suburban Sanitary Commission                                          | Washington Suburban Sanitary Commission, Series 2018                                                | CUSIP: 940157W89<br>LEI: 549300EZUWNTQF827C24 | Long             | DBT              | MUN               | US        |     40000 | PA      | $41876.04     | 0.04%             | 2032-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Clark NV                                                               | County of Clark, Series 2016B                                                                       | CUSIP: 180848SA2<br>LEI: 549300LDD8NZB2EOVG83 | Long             | DBT              | MUN               | US        |    105000 | PA      | $106562.30    | 0.09%             | 2029-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Michigan Trunk Line Revenue                                             | State of Michigan, Series 2020B                                                                     | CUSIP: 5946952B3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $76283.45     | 0.07%             | 2038-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| State of Minnesota                                                               | State of Minnesota, Series 2017A                                                                    | CUSIP: 60412ALD3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     55000 | PA      | $56988.26     | 0.05%             | 2028-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fort Bend Independent School District                                            | Fort Bend Independent School District, Series 2024A                                                 | CUSIP: 346843VY8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10755.42     | 0.01%             | 2029-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington Metropolitan Area Transit Authority                                   | Washington Metropolitan Area Transit Authority, Series 2018                                         | CUSIP: 938782GK9<br>LEI: 549300ADKOK76HQMJS30 | Long             | DBT              | MUN               | US        |     30000 | PA      | $30593.29     | 0.03%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Miami-Dade FL Water & Sewer System Revenue                             | County of Miami-Dade, Series 2024B                                                                  | CUSIP: 59334DPB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     45000 | PA      | $49294.70     | 0.04%             | 2030-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lower Colorado River Authority                                                   | Lower Colorado River Authority, Series 2023A                                                        | CUSIP: 54811BG62<br>LEI: 549300QJFPW2NNBYR215 | Long             | DBT              | MUN               | US        |     60000 | PA      | $65181.73     | 0.06%             | 2038-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Allen County Building Corp.                                                      | Allen County Building Corp., Series 2024                                                            | CUSIP: 01752EBA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $53733.81     | 0.05%             | 2040-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Utah Telecommunication Open Infrastructure Agency                                | Utah Telecommunication Open Infrastructure Agency, Series 2022                                      | CUSIP: 91756SAQ6<br>LEI: 549300LCGT5UXUJ1LP77 | Long             | DBT              | MUN               | US        |     25000 | PA      | $27427.33     | 0.02%             | 2040-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| State of Alaska International Airports System                                    | State of Alaska, Series 2025A                                                                       | CUSIP: 011842VC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    125000 | PA      | $140423.96    | 0.12%             | 2034-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Jacksonville FL                                                          | City of Jacksonville, Series 2022A                                                                  | CUSIP: 469487TD4<br>LEI: 549300XQE0JVN9WV0J40 | Long             | DBT              | MUN               | US        |     70000 | PA      | $74017.06     | 0.07%             | 2028-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| IPS Multi-School Building Corp.                                                  | IPS Multi-School Building Corp., Series 2024                                                        | CUSIP: 46263RTU9<br>LEI: 549300BHLK1DUJUYPM91 | Long             | DBT              | MUN               | US        |     40000 | PA      | $42939.80     | 0.04%             | 2040-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port Authority of Houston of Harris County Texas                                 | Port Authority of Houston of Harris County Texas, Series 2020A2                                     | CUSIP: 7342606G2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10733.30     | 0.01%             | 2029-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Dallas TX Waterworks & Sewer System Revenue                              | City of Dallas, Series 2016A                                                                        | CUSIP: 23542JAN5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     45000 | PA      | $45498.18     | 0.04%             | 2029-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Jacksonville FL                                                          | City of Jacksonville, Series 2019A                                                                  | CUSIP: 469487PT3<br>LEI: 549300XQE0JVN9WV0J40 | Long             | DBT              | MUN               | US        |     25000 | PA      | $26742.73     | 0.02%             | 2032-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington Metropolitan Area Transit Authority Dedicated Revenue                 | Washington Metropolitan Area Transit Authority, Series 2020A                                        | CUSIP: 93878YAH2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     40000 | PA      | $43490.82     | 0.04%             | 2030-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Harris TX Toll Road Revenue                                            | County of Harris, Series 2018A                                                                      | CUSIP: 41423PAK3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    155000 | PA      | $161648.15    | 0.14%             | 2028-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Alabama Federal Aid Highway Finance Authority                                    | Alabama Federal Aid Highway Finance Authority, Series 2025A                                         | CUSIP: 010268DF4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     85000 | PA      | $96528.60     | 0.09%             | 2033-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Miami-Dade FL Transit System                                           | County of Miami-Dade, Series 2019                                                                   | CUSIP: 59334PHF7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $26504.65     | 0.02%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | New York State Dormitory Authority, Series 2022A                                                    | CUSIP: 64990FW34<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |     60000 | PA      | $62130.44     | 0.05%             | 2034-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | State of Illinois, Series 2022A                                                                     | CUSIP: 452153CX5<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |     35000 | PA      | $37238.80     | 0.03%             | 2036-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tomball Independent School District                                              | Tomball Independent School District, Series 2025                                                    | CUSIP: 889855Z88<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     65000 | PA      | $66425.00     | 0.06%             | 2027-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Aldine Independent School District                                               | Aldine Independent School District, Series 2024A                                                    | CUSIP: 014393ZY1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $55216.78     | 0.05%             | 2037-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Georgia State Road & Tollway Authority                                           | State of Georgia, Series 2020                                                                       | CUSIP: 37358MEJ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $51457.96     | 0.05%             | 2027-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia                                                             | District of Columbia, Series 2021D                                                                  | CUSIP: 25476FYK8<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |     50000 | PA      | $54325.82     | 0.05%             | 2034-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                                   | Black Belt Energy Gas District, Series 2025E                                                        | CUSIP: 09182TGA9<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |     70000 | PA      | $73648.79     | 0.07%             | 2034-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia                                                             | District of Columbia, Series 2021E                                                                  | CUSIP: 25476FZF8<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |    110000 | PA      | $119004.80    | 0.11%             | 2035-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Merrillville Multi School Building Corp.                                         | Merrillville Multi School Building Corp., Series 2022                                               | CUSIP: 590252QX3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $160718.52    | 0.14%             | 2038-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                          | Los Angeles Department of Water & Power, Series 2022C                                               | CUSIP: 544532FR0<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |    100000 | PA      | $105662.11    | 0.09%             | 2040-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of West Virginia                                                           | State of West Virginia, Series 2019A                                                                | CUSIP: 956553F63<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $106924.67    | 0.09%             | 2030-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                          | Los Angeles Department of Water & Power, Series 2018A                                               | CUSIP: 5444954H4<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |     65000 | PA      | $67293.01     | 0.06%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Iowa Finance Authority                                                           | Iowa Finance Authority, Series 2019A                                                                | CUSIP: 46246K5X6<br>LEI: 549300NQVL49BTHOW391 | Long             | DBT              | MUN               | US        |    115000 | PA      | $121235.62    | 0.11%             | 2029-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Washington                                                              | State of Washington, Series R-2017B                                                                 | CUSIP: 93974DXX1<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |     25000 | PA      | $25174.49     | 0.02%             | 2033-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                                 | Pennsylvania Turnpike Commission, Series 2022A                                                      | CUSIP: 709225FJ0<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |     35000 | PA      | $38597.43     | 0.03%             | 2035-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Colorado Bridge & Tunnel Enterprise                                              | Colorado Bridge & Tunnel Enterprise, Series 2024B                                                   | CUSIP: 19633WAB0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     35000 | PA      | $37964.64     | 0.03%             | 2029-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Harris TX Toll Road Revenue                                            | County of Harris, Series 2018A                                                                      | CUSIP: 41423PAL1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     45000 | PA      | $46871.30     | 0.04%             | 2029-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Phoenix Civic Improvement Corp.                                          | City of Phoenix Civic Improvement Corp., Series 2025                                                | CUSIP: 71885KAH9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     95000 | PA      | $107988.77    | 0.10%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Omaha Public Power District                                                      | Omaha Public Power District, Series 2024B                                                           | CUSIP: 682001MA7<br>LEI: 54930000VJEJ9CGIYG32 | Long             | DBT              | MUN               | US        |    165000 | PA      | $186264.47    | 0.16%             | 2034-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of California                                                              | State of California                                                                                 | CUSIP: 13063ERT5<br>LEI: 9845007J7054602FF597 | Long             | DBT              | MUN               | US        |     75000 | PA      | $83187.72     | 0.07%             | 2039-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Washington                                                              | State of Washington, Series 2019C                                                                   | CUSIP: 93974D6S2<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |     60000 | PA      | $62851.33     | 0.06%             | 2037-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Hillsboro School District No. 1J                                                 | Hillsboro School District No. 1J, Series 2017                                                       | CUSIP: 939307JA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10281.47     | 0.01%             | 2029-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Pennsylvania                                                     | Commonwealth of Pennsylvania, Series 2022-1                                                         | CUSIP: 70914PY55<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $27886.43     | 0.02%             | 2033-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Rhode Island Commerce Corp.                                                      | Rhode Island Commerce Corp., Series 2020A                                                           | CUSIP: 762232BP0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $20943.90     | 0.02%             | 2028-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Columbus OH                                                              | City of Columbus, Series 2024A                                                                      | CUSIP: 1994926Z7<br>LEI: 254900NS3ODS0FZ3AM48 | Long             | DBT              | MUN               | US        |     10000 | PA      | $10954.29     | 0.01%             | 2030-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Clark Department of Aviation                                           | County of Clark, Series 2024A                                                                       | CUSIP: 18085PTE4<br>LEI: 549300LDD8NZB2EOVG83 | Long             | DBT              | MUN               | US        |     25000 | PA      | $26317.42     | 0.02%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Dakota Public Finance Authority                                            | North Dakota Public Finance Authority, Series 2024A                                                 | CUSIP: 65887PYT6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     35000 | PA      | $39470.63     | 0.03%             | 2032-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | State of Illinois, Series 2024                                                                      | CUSIP: 452153KU2<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |     40000 | PA      | $43863.39     | 0.04%             | 2035-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Long Beach Bond Finance Authority                                                | Long Beach Bond Finance Authority, Series 2007A                                                     | CUSIP: 54241AAZ6<br>LEI: 549300BKBZ5U7OZH3S21 | Long             | DBT              | MUN               | US        |    140000 | PA      | $157463.40    | 0.14%             | 2037-11-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Texas Water Development Board                                                    | Texas Water Development Board, Series 2018A                                                         | CUSIP: 882854G71<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     60000 | PA      | $62290.75     | 0.06%             | 2027-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Texas Tollway Authority                                                    | North Texas Tollway Authority, Series A                                                             | CUSIP: 66285WWF9<br>LEI: PQGZGRE0F2WPMYQQ1B78 | Long             | DBT              | MUN               | US        |     65000 | PA      | $65994.31     | 0.06%             | 2032-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Merrillville Multi School Building Corp.                                         | Merrillville Multi School Building Corp., Series 2022                                               | CUSIP: 590252QY1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     80000 | PA      | $85413.47     | 0.08%             | 2039-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power Water System Revenue                     | Los Angeles Department of Water & Power, Series 2023A                                               | CUSIP: 544525S41<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $21568.05     | 0.02%             | 2038-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas, Inc.                                                    | Main Street Natural Gas, Inc., Series 2024D                                                         | CUSIP: 56035DHZ8<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |    150000 | PA      | $159263.79    | 0.14%             | 2054-04-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia Income Tax Revenue                                          | District of Columbia, Series 2020A                                                                  | CUSIP: 25477GRP2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     85000 | PA      | $91017.11     | 0.08%             | 2034-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Water Development Board                                                    | Texas Water Development Board, Series 2017A                                                         | CUSIP: 882854A36<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $31044.35     | 0.03%             | 2030-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Jacksonville FL                                                          | City of Jacksonville, Series 2022A                                                                  | CUSIP: 469487TF9<br>LEI: 549300XQE0JVN9WV0J40 | Long             | DBT              | MUN               | US        |     25000 | PA      | $27297.34     | 0.02%             | 2030-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                          | Los Angeles Department of Water & Power, Series 2023E                                               | CUSIP: 544532JL9<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |     25000 | PA      | $26736.39     | 0.02%             | 2040-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arizona Industrial Development Authority                                         | Arizona Industrial Development Authority, Series 2020                                               | CUSIP: 04052ADX1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $22103.92     | 0.02%             | 2031-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of San Antonio TX Electric & Gas Systems Revenue                            | City of San Antonio, Series 2023A                                                                   | CUSIP: 79625GGJ6<br>LEI: 5493002G2FEH20Q4GQ04 | Long             | DBT              | MUN               | US        |     85000 | PA      | $94125.69     | 0.08%             | 2036-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                              | City of New York, Series 2023F1                                                                     | CUSIP: 64966Q2N9<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |     75000 | PA      | $82625.83     | 0.07%             | 2035-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                                   | Black Belt Energy Gas District, Series 2024D                                                        | CUSIP: 09182TEN3<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |    175000 | PA      | $185253.55    | 0.16%             | 2055-03-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Tennessee                                                               | State of Tennessee, Series 2021A                                                                    | CUSIP: 880541D53<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $111337.25    | 0.10%             | 2032-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Washington                                                              | State of Washington, Series 2024A                                                                   | CUSIP: 93974EG59<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |     25000 | PA      | $28316.64     | 0.03%             | 2033-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | State of Illinois, Series 2024                                                                      | CUSIP: 452153KX6<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |     30000 | PA      | $32110.17     | 0.03%             | 2038-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                                 | Pennsylvania Turnpike Commission, Series 2023-1                                                     | CUSIP: 709225HB5<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |     30000 | PA      | $32524.84     | 0.03%             | 2039-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                                 | Pennsylvania Turnpike Commission, Series 2016B                                                      | CUSIP: 709224PA1<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |     35000 | PA      | $35122.27     | 0.03%             | 2027-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | State of Illinois, Series 2024                                                                      | CUSIP: 452153KT5<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |     25000 | PA      | $27507.12     | 0.02%             | 2034-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Rhode Island Commerce Corp.                                                      | Rhode Island Commerce Corp., Series 2016B                                                           | CUSIP: 762232AP1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     15000 | PA      | $15065.73     | 0.01%             | 2029-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Montgomery TX                                                          | County of Montgomery, Series 2025A                                                                  | CUSIP: 613682BB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     85000 | PA      | $90387.15     | 0.08%             | 2029-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois State Toll Highway Authority                                            | Illinois State Toll Highway Authority, Series 2019B                                                 | CUSIP: 452252NT2<br>LEI: 549300ISBFGI8MJJKM98 | Long             | DBT              | MUN               | US        |     45000 | PA      | $45846.22     | 0.04%             | 2027-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Massachusetts                                                    | Commonwealth of Massachusetts, Series 2005                                                          | CUSIP: 576002BP3<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |    130000 | PA      | $148591.18    | 0.13%             | 2034-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| California State Public Works Board                                              | State of California Public Works Board, Series 2023B                                                | CUSIP: 13068XGW3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $27551.72     | 0.02%             | 2036-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southeast Energy Authority A Cooperative District                                | Southeast Energy Authority A Cooperative District, Series 2024C                                     | CUSIP: 84136HAH6<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |    155000 | PA      | $164911.34    | 0.15%             | 2055-10-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | Illinois Finance Authority, Series 2019                                                             | CUSIP: 45204EX86<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |     60000 | PA      | $63745.03     | 0.06%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Intermountain Power Agency                                                       | Intermountain Power Agency, Series 2022A                                                            | CUSIP: 45884AB44<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     85000 | PA      | $90104.71     | 0.08%             | 2039-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Municipal Water Finance Authority                                  | New York City Municipal Water Finance Authority, Series 2021CC2                                     | CUSIP: 64972GYM0<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |     15000 | PA      | $15258.46     | 0.01%             | 2028-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Ohio                                                                    | State of Ohio, Series 2021A                                                                         | CUSIP: 6775226Q2<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |     45000 | PA      | $49426.93     | 0.04%             | 2033-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Department of Transportation                                           | Wisconsin Department of Transportation, Series 2024-2                                               | CUSIP: 9771234Q8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     80000 | PA      | $88699.82     | 0.08%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kentucky Turnpike Authority                                                      | Kentucky Turnpike Authority Economic Development Road, Series 2022A                                 | CUSIP: 491552R80<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $55205.78     | 0.05%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Department of Transportation                                           | Wisconsin Department of Transportation, Series 2024-2                                               | CUSIP: 9771234R6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     40000 | PA      | $44932.72     | 0.04%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of California                                                         | University of California, Series 2020BE                                                             | CUSIP: 91412HGW7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     60000 | PA      | $64630.73     | 0.06%             | 2034-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Rhode Island Commerce Corp.                                                      | Rhode Island Commerce Corp., Series 2016B                                                           | CUSIP: 762232AR7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     15000 | PA      | $15062.30     | 0.01%             | 2031-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                                 | Pennsylvania Turnpike Commission, Series 2024-1                                                     | CUSIP: 709225MG8<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |    125000 | PA      | $140637.55    | 0.12%             | 2035-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kentucky State Property & Building Commission                                    | Kentucky State Property & Building Commission, Series A                                             | CUSIP: 49151F4B3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    175000 | PA      | $195027.32    | 0.17%             | 2037-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Empire State Development Corp.                                                   | Empire State Development Corp., Series 2021A                                                        | CUSIP: 64985TCM1<br>LEI: 54930039Y2EMGXN6LM88 | Long             | DBT              | MUN               | US        |    105000 | PA      | $90761.32     | 0.08%             | 2040-03-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Pierce County School District No. 320 Sumner                                     | Pierce County School District No. 320 Sumner, Series 2025                                           | CUSIP: 720526YX4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    105000 | PA      | $117172.08    | 0.10%             | 2038-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of San Antonio TX Electric & Gas Systems Revenue                            | City of San Antonio, Series 2023A                                                                   | CUSIP: 79625GGC1<br>LEI: 5493002G2FEH20Q4GQ04 | Long             | DBT              | MUN               | US        |     30000 | PA      | $32450.83     | 0.03%             | 2030-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Clark Department of Aviation                                           | County of Clark, Series 2019B                                                                       | CUSIP: 18085PRP1<br>LEI: 549300LDD8NZB2EOVG83 | Long             | DBT              | MUN               | US        |     95000 | PA      | $100948.29    | 0.09%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Municipal Power Agency                                                     | Texas Municipal Power Agency, Series 2021                                                           | CUSIP: 882555ZX6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     60000 | PA      | $51248.21     | 0.05%             | 2039-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| State of Kansas Department of Transportation                                     | State of Kansas, Series 2025A                                                                       | CUSIP: 485424TU9<br>LEI: 5493001635XK841MIO47 | Long             | DBT              | MUN               | US        |     80000 | PA      | $91615.42     | 0.08%             | 2034-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Ohio                                                                    | State of Ohio, Series 2023A                                                                         | CUSIP: 677523GD8<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |     20000 | PA      | $22399.29     | 0.02%             | 2035-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Florida Department of Transportation Turnpike System Revenue            | State of Florida, Series 2020A                                                                      | CUSIP: 343137GN9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     55000 | PA      | $57973.70     | 0.05%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Louisiana State Citizens Property Insurance Corp.                                | Louisiana State Citizens Property Insurance Corp., Series 2016A                                     | CUSIP: 546456EF7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     80000 | PA      | $80297.36     | 0.07%             | 2026-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Columbia County School District                                                  | Columbia County School District, Series 2025                                                        | CUSIP: 197486NY5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    125000 | PA      | $139523.73    | 0.12%             | 2039-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Central Plains Energy Project                                                    | Central Plains Energy Project, Series 2025A1                                                        | CUSIP: 154872AY1<br>LEI: SVQOT7V5CPLIGNP5BE29 | Long             | DBT              | MUN               | US        |    160000 | PA      | $169367.73    | 0.15%             | 2055-08-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Richland County School District No. 2/SC                                         | Richland County School District No. 2, Series 2023A                                                 | CUSIP: 763682V81<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $22033.77     | 0.02%             | 2035-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Municipal Gas Acquisition and Supply Corp. I                               | Texas Municipal Gas Acquisition and Supply Corp. I, Series 2006A                                    | CUSIP: 88256CAT6<br>LEI: 6AZ7FRSNC3ZFPM0Z8L86 | Long             | DBT              | MUN               | US        |     70000 | PA      | $71123.41     | 0.06%             | 2026-12-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Dallas Fort Worth International Airport                                          | Dallas Fort Worth International Airport, Series 2020B                                               | CUSIP: 2350365Y2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     40000 | PA      | $43557.68     | 0.04%             | 2031-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Building Aid Revenue                | New York City Transitional Finance Authority, Series 2018S3                                         | CUSIP: 64972HJ86<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     55000 | PA      | $57693.80     | 0.05%             | 2035-07-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Texas Water Development Board                                                    | Texas Water Development Board, Series 2018A                                                         | CUSIP: 882854G97<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $52364.15     | 0.05%             | 2029-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Trust for Cultural Resources of The City of New York (The)                       | Trust for Cultural Resources of The City of New York (The), Series 2020A                            | CUSIP: 649717VG7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    120000 | PA      | $131034.07    | 0.12%             | 2031-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of Utah (The)                                                         | University of Utah (The), Series 2017A                                                              | CUSIP: 915183YQ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $20544.66     | 0.02%             | 2031-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of Alabama (The)                                                      | University of Alabama (The), Series 2019A                                                           | CUSIP: 914026UH0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    120000 | PA      | $128860.82    | 0.11%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of Colorado                                                           | University of Colorado, Series 2017A-2                                                              | CUSIP: 91417NJP1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     55000 | PA      | $57640.83     | 0.05%             | 2030-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Loudoun VA                                                             | County of Loudoun, Series 2024A                                                                     | CUSIP: 54589TNR9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     35000 | PA      | $35590.80     | 0.03%             | 2026-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Minnesota                                                               | State of Minnesota, Series 2020A                                                                    | CUSIP: 60412ATM5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $81098.27     | 0.07%             | 2034-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| IPS Multi-School Building Corp.                                                  | IPS Multi-School Building Corp., Series 2024                                                        | CUSIP: 46263RTS4<br>LEI: 549300BHLK1DUJUYPM91 | Long             | DBT              | MUN               | US        |     25000 | PA      | $27162.66     | 0.02%             | 2038-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Mesa AZ                                                                  | City of Mesa, Series 2025                                                                           | CUSIP: 5904853T3<br>LEI: 549300L1QYAKFHSIGE94 | Long             | DBT              | MUN               | US        |     30000 | PA      | $33179.97     | 0.03%             | 2040-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                          | Los Angeles Department of Water & Power, Series 2025B                                               | CUSIP: 544532QA5<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |     25000 | PA      | $27631.85     | 0.02%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Riverside CA Electric Revenue                                            | City of Riverside, Series 2019A                                                                     | CUSIP: 768874UL1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     65000 | PA      | $69893.03     | 0.06%             | 2031-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                        | New Jersey Economic Development Authority, Series 2017DDD                                           | CUSIP: 64577BK78<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |     15000 | PA      | $15460.24     | 0.01%             | 2030-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Gainesville FL Utilities System Revenue                                  | City of Gainesville, Series 2017A                                                                   | CUSIP: 362848UF8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     80000 | PA      | $82252.97     | 0.07%             | 2033-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Harris TX                                                              | County of Harris, Series 2007C                                                                      | CUSIP: 4140043Z2<br>LEI: 549300G9BRP25M0W1S40 | Long             | DBT              | MUN               | US        |     20000 | PA      | $22058.41     | 0.02%             | 2030-08-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | Indiana Finance Authority, Series 2021-1                                                            | CUSIP: 45505MJP2<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |     65000 | PA      | $71377.79     | 0.06%             | 2033-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tarrant County College District                                                  | Tarrant County College District, Series 2022                                                        | CUSIP: 87638KCX8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $27438.72     | 0.02%             | 2034-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                             | Triborough Bridge & Tunnel Authority, Series 2023A                                                  | CUSIP: 89602HFE2<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |     35000 | PA      | $35554.44     | 0.03%             | 2026-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Educational Facilities Authority                                      | California Educational Facilities Authority, Series V4                                              | CUSIP: 130179XB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     70000 | PA      | $79099.50     | 0.07%             | 2055-03-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Thruway Authority                                                 | New York State Thruway Authority, Series 2019B                                                      | CUSIP: 650010CC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $98055.86     | 0.09%             | 2040-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Atlanta Rapid Transit Authority                                     | Metropolitan Atlanta Rapid Transit Authority, Series 2015C                                          | CUSIP: 591745X82<br>LEI: 5493006NVWO3NVLK0F49 | Long             | DBT              | MUN               | US        |     70000 | PA      | $70414.47     | 0.06%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Patriots Energy Group Financing Agency                                           | Patriots Energy Group Financing Agency, Series 2023B1                                               | CUSIP: 70342PAR5<br>LEI: 5493008X0DFBVFH4HL19 | Long             | DBT              | MUN               | US        |    100000 | PA      | $106750.37    | 0.09%             | 2054-02-01      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| Sales Tax Securitization Corp.                                                   | Sales Tax Securitization Corp., Series 2025A                                                        | CUSIP: 79467BJT3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    125000 | PA      | $134948.24    | 0.12%             | 2040-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Utah Transit Authority                                                           | Utah Transit Authority, Series 2007A                                                                | CUSIP: 917565FS7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     40000 | PA      | $45532.92     | 0.04%             | 2035-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue          | New York City Transitional Finance Authority, Series 2023A1                                         | CUSIP: 64971XX29<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     60000 | PA      | $64067.23     | 0.06%             | 2039-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Charleston SC                                                          | County of Charleston, Series 2017C                                                                  | CUSIP: 160069ZQ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     15000 | PA      | $15595.40     | 0.01%             | 2027-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Shelby TN                                                              | County of Shelby, Series 2020B                                                                      | CUSIP: 8216862D3<br>LEI: 5493000UVZ1EF2SIPO10 | Long             | DBT              | MUN               | US        |    125000 | PA      | $126193.48    | 0.11%             | 2038-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | New York State Dormitory Authority, Series 2022A                                                    | CUSIP: 65000BNM6<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |     50000 | PA      | $50641.65     | 0.04%             | 2026-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia Income Tax Revenue                                          | District of Columbia, Series 2020B                                                                  | CUSIP: 25477GSE6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     60000 | PA      | $60745.66     | 0.05%             | 2026-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Tennessee                                                               | State of Tennessee, Series 2021A                                                                    | CUSIP: 880541C70<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $20298.54     | 0.02%             | 2026-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Energy Southeast A Cooperative District                                          | Energy Southeast A Cooperative District, Series 2024B                                               | CUSIP: 292723BN2<br>LEI: 2549001SMMZ81MXBXZ89 | Long             | DBT              | MUN               | US        |    105000 | PA      | $111966.56    | 0.10%             | 2054-07-01      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| Lewisville Independent School District                                           | Lewisville Independent School District, Series 2024                                                 | CUSIP: 52882PFP8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     80000 | PA      | $84736.65     | 0.07%             | 2028-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Idaho Housing & Finance Association                                              | Idaho Housing & Finance Association, Series 2024A                                                   | CUSIP: 45130ACG8<br>LEI: 5493002WM3NYB1LQB744 | Long             | DBT              | MUN               | US        |     35000 | PA      | $39470.40     | 0.03%             | 2036-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                          | Los Angeles Department of Water & Power, Series 2022B                                               | CUSIP: 544532ET7<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |    140000 | PA      | $148537.48    | 0.13%             | 2040-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Board of Trustees of the University of Illinois (The)                            | Board of Trustees of the University of Illinois (The), Series 2023A                                 | CUSIP: 9143536R3<br>LEI: 549300VD8PPC4Q5HK850 | Long             | DBT              | MUN               | US        |     10000 | PA      | $10243.05     | 0.01%             | 2027-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Harris TX                                                              | County of Harris, Series 2024A                                                                      | CUSIP: 4140052S6<br>LEI: 549300G9BRP25M0W1S40 | Long             | DBT              | MUN               | US        |     40000 | PA      | $43729.22     | 0.04%             | 2030-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                                   | Black Belt Energy Gas District, Series 2026B                                                        | CUSIP: 09182THA8<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |    150000 | PA      | $159468.44    | 0.14%             | 2033-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Atlanta GA Department of Aviation                                        | City of Atlanta, Series 2020A                                                                       | CUSIP: 04780MWZ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $51514.70     | 0.05%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | Indiana Finance Authority, Series 2022B                                                             | CUSIP: 45506EFS7<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |    100000 | PA      | $109720.42    | 0.10%             | 2036-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue          | New York City Transitional Finance Authority, Series 2019A1                                         | CUSIP: 64971XFR4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    135000 | PA      | $140169.06    | 0.12%             | 2036-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pecos Barstow Toyah Independent School District                                  | Pecos Barstow Toyah Independent School District, Series 2023                                        | CUSIP: 705227HC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     35000 | PA      | $36593.43     | 0.03%             | 2028-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Austin Independent School District                                               | Austin Independent School District, Series 2020                                                     | CUSIP: 052430RS6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $21872.21     | 0.02%             | 2030-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                          | Los Angeles Department of Water & Power, Series 2022A                                               | CUSIP: 544532DZ4<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |     45000 | PA      | $47347.90     | 0.04%             | 2040-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority                                     | New York City Transitional Finance Authority, Series 2025H1                                         | CUSIP: 64972JSQ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     45000 | PA      | $50303.78     | 0.04%             | 2032-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                          | Los Angeles Department of Water & Power, Series 2024E                                               | CUSIP: 544532NV2<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |     40000 | PA      | $43223.69     | 0.04%             | 2039-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Palm Beach County School District                                                | Palm Beach County School District, Series 2022B                                                     | CUSIP: 696550K35<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $32710.75     | 0.03%             | 2038-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | State of Illinois, Series 2022A                                                                     | CUSIP: 452153CZ0<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |     25000 | PA      | $26621.44     | 0.02%             | 2038-03-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Louisville and Jefferson County Metropolitan Sewer District                      | Louisville & Jefferson County Metropolitan Sewer District, Series 2023C                             | CUSIP: 546589Y89<br>LEI: 5493004O4I11L8BK0A22 | Long             | DBT              | MUN               | US        |     90000 | PA      | $99189.84     | 0.09%             | 2038-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Wisconsin                                                               | State of Wisconsin, Series 2022A                                                                    | CUSIP: 97705MXK6<br>LEI: 549300VTAT608CNZ5827 | Long             | DBT              | MUN               | US        |     45000 | PA      | $49288.97     | 0.04%             | 2034-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Ohio                                                                    | State of Ohio, Series 2019-1                                                                        | CUSIP: 677581HJ2<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |     60000 | PA      | $66085.03     | 0.06%             | 2030-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power Water System Revenue                     | Los Angeles Department of Water & Power, Series 2024B                                               | CUSIP: 544525X94<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    110000 | PA      | $118865.14    | 0.11%             | 2039-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California State Public Works Board                                              | California State Public Works Board, Series 2016C                                                   | CUSIP: 13068LYW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     35000 | PA      | $35485.24     | 0.03%             | 2029-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue          | New York City Transitional Finance Authority, Series 2023E1                                         | CUSIP: 64971X4Y1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $21981.18     | 0.02%             | 2036-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Clark NV                                                               | County of Clark, Series 2018B                                                                       | CUSIP: 180848XZ1<br>LEI: 549300LDD8NZB2EOVG83 | Long             | DBT              | MUN               | US        |    150000 | PA      | $158023.82    | 0.14%             | 2033-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                  | California Community Choice Financing Authority, Series 2023E1                                      | CUSIP: 13013JDB9<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |    175000 | PA      | $184836.03    | 0.16%             | 2054-02-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Public Finance Authority                                                   | Texas Public Finance Authority, Series 2019                                                         | CUSIP: 882669BD5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     35000 | PA      | $37150.40     | 0.03%             | 2029-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Dallas TX                                                                | City of Dallas, Series 2024A                                                                        | CUSIP: 235219WA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $20427.98     | 0.02%             | 2027-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Atlanta GA Water & Wastewater Revenue                                    | City of Atlanta, Series 2017A                                                                       | CUSIP: 047870NS5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $25975.69     | 0.02%             | 2030-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Travis TX                                                              | County of Travis, Series 2019A                                                                      | CUSIP: 89453PG78<br>LEI: 549300HEC6MNL5465K30 | Long             | DBT              | MUN               | US        |    100000 | PA      | $102257.47    | 0.09%             | 2027-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| JEA Water & Sewer System Revenue                                                 | JEA Water & Sewer System, Series 2017A                                                              | CUSIP: 46613P3H7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $20685.60     | 0.02%             | 2028-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Texas                                                                   | State of Texas, Series 2016A                                                                        | CUSIP: 8827234N6<br>LEI: 549300X9CH74QB747L76 | Long             | DBT              | MUN               | US        |     20000 | PA      | $20040.11     | 0.02%             | 2030-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | Indiana Finance Authority, Series 2023B                                                             | CUSIP: 45506EKB8<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |     10000 | PA      | $11214.66     | 0.01%             | 2034-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Chicago IL Waterworks Revenue                                            | City of Chicago, Series 2004                                                                        | CUSIP: 167736F77<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     55000 | PA      | $55717.34     | 0.05%             | 2027-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kentucky Public Energy Authority                                                 | Kentucky Public Energy Authority, Series 2024B                                                      | CUSIP: 74440DFC3<br>LEI: 549300XEJZWHYSY4SL55 | Long             | DBT              | MUN               | US        |    205000 | PA      | $217000.54    | 0.19%             | 2055-01-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Las Vegas Valley Water District                                                  | Las Vegas Valley Water District, Series 2024A                                                       | CUSIP: 517845SK0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $28484.57     | 0.03%             | 2034-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Wisconsin                                                               | State of Wisconsin, Series 2024-1                                                                   | CUSIP: 97705MJ48<br>LEI: 549300VTAT608CNZ5827 | Long             | DBT              | MUN               | US        |     50000 | PA      | $54585.43     | 0.05%             | 2030-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Jefferson AL Sewer Revenue                                             | County of Jefferson, Series 2024                                                                    | CUSIP: 472682ZD8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     85000 | PA      | $93613.97     | 0.08%             | 2034-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan State University                                                        | Michigan State University, Series 2023A                                                             | CUSIP: 594712YE5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     95000 | PA      | $102610.52    | 0.09%             | 2040-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Oregon State Lottery                                                             | Oregon State Lottery, Series 2022A                                                                  | CUSIP: 68607V2Z7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     35000 | PA      | $38370.72     | 0.03%             | 2036-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ohio State University (The)                                                      | Ohio State University (The), Series 2021A                                                           | CUSIP: 677632L82<br>LEI: JFC10ZULKO4X2E3HBY86 | Long             | DBT              | MUN               | US        |     15000 | PA      | $16458.67     | 0.01%             | 2030-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Massachusetts                                                    | Commonwealth of Massachusetts, Series 2020D                                                         | CUSIP: 57582RC87<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |     20000 | PA      | $21377.41     | 0.02%             | 2037-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Ohio                                                                    | State of Ohio, Series 2025C                                                                         | CUSIP: 677523NN8<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |    125000 | PA      | $138324.09    | 0.12%             | 2039-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Harris County Cultural Education Facilities Finance Corp.                        | Harris County Cultural Education Facilities Finance Corp., Series 2017                              | CUSIP: 41401PCQ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $30807.06     | 0.03%             | 2033-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Gainesville FL Utilities System Revenue                                  | City of Gainesville, Series 2017A                                                                   | CUSIP: 362848UB7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $20676.58     | 0.02%             | 2029-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pflugerville Independent School District                                         | Pflugerville Independent School District, Series 2023A                                              | CUSIP: 717096DC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $33101.47     | 0.03%             | 2033-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Denton TX Utility System Revenue                                         | City of Denton, Series 2017                                                                         | CUSIP: 249015C55<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    105000 | PA      | $106487.08    | 0.09%             | 2031-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Virginia College Building Authority                                              | Virginia College Building Authority, Series 2022A                                                   | CUSIP: 92778VMA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $32332.14     | 0.03%             | 2038-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Virginia Public Building Authority                                               | Virginia Public Building Authority, Series 2022A                                                    | CUSIP: 928173AS2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $75327.73     | 0.07%             | 2039-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Austin TX Electric Utility Revenue                                       | City of Austin, Series 2020A                                                                        | CUSIP: 052414TT6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10926.46     | 0.01%             | 2030-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | Indiana Finance Authority, Series 2022B                                                             | CUSIP: 45506EFQ1<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |     25000 | PA      | $27630.00     | 0.02%             | 2034-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| King County School District No. 401 Highline                                     | King County School District No. 401 Highline, Series 2017                                           | CUSIP: 495033EH1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $30509.34     | 0.03%             | 2028-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Aldine Independent School District                                               | Aldine Independent School District, Series 2017A                                                    | CUSIP: 014393XC1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     70000 | PA      | $71540.74     | 0.06%             | 2027-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue          | New York City Transitional Finance Authority, Series C                                              | CUSIP: 64971WV23<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     95000 | PA      | $97101.85     | 0.09%             | 2033-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Clark County School District No. 114 Evergreen                                   | Clark County School District No. 114, Series 2020                                                   | CUSIP: 181234R64<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $54425.09     | 0.05%             | 2030-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Cherokee County Board of Education                                               | Cherokee County Board of Education, Series 2025B                                                    | CUSIP: 164231PX4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $76570.86     | 0.07%             | 2027-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Alamo Community College District                                                 | Alamo Community College District, Series 2017                                                       | CUSIP: 011415RF5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    120000 | PA      | $124065.17    | 0.11%             | 2027-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Wisconsin                                                               | State of Wisconsin, Series 2025-3                                                                   | CUSIP: 97705MR31<br>LEI: 549300VTAT608CNZ5827 | Long             | DBT              | MUN               | US        |    100000 | PA      | $113275.02    | 0.10%             | 2033-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arizona Department of Transportation State Highway Fund Revenue                  | Arizona Transportation Board Highway, Series 2023                                                   | CUSIP: 040654YK5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $26878.36     | 0.02%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Trust for Cultural Resources of The City of New York (The)                       | Trust for Cultural Resources of The City of New York (The), Series 2016E1                           | CUSIP: 649717TE5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     80000 | PA      | $80496.48     | 0.07%             | 2031-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Intermountain Power Agency                                                       | Intermountain Power Agency, Series 2023A                                                            | CUSIP: 45884AF24<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     55000 | PA      | $59718.64     | 0.05%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ohio Water Development Authority Water Pollution Control Loan Fund               | Ohio Water Development Authority, Series 2024D                                                      | CUSIP: 67766WR53<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $85501.36     | 0.08%             | 2033-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Oklahoma State University                                                        | Oklahoma State University, Series 2020A                                                             | CUSIP: 679191HJ8<br>LEI: 254900M845UI413F1O58 | Long             | DBT              | MUN               | US        |    100000 | PA      | $108425.73    | 0.10%             | 2032-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Riverside CA Electric Revenue                                            | City of Riverside, Series 2019A                                                                     | CUSIP: 768874UP2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $21311.96     | 0.02%             | 2034-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois Sales Tax Revenue                                              | State of Illinois, Series 2025A                                                                     | CUSIP: 452227VE8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     40000 | PA      | $44563.47     | 0.04%             | 2034-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Intermountain Power Agency                                                       | Intermountain Power Agency, Series 2023A                                                            | CUSIP: 45884AE82<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    125000 | PA      | $137682.75    | 0.12%             | 2034-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Cypress-Fairbanks Independent School District                                    | Cypress-Fairbanks Independent School District, Series 2023                                          | CUSIP: 232769MB2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     35000 | PA      | $39291.88     | 0.03%             | 2033-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Florida Department of Transportation Turnpike System Revenue            | State of Florida, Series 2018A                                                                      | CUSIP: 343137DP7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     60000 | PA      | $62560.40     | 0.06%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Michigan Trunk Line Revenue                                             | State of Michigan, Series 2020B                                                                     | CUSIP: 594695Z43<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $21885.22     | 0.02%             | 2031-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Dallas Independent School District                                               | Dallas Independent School District, Series 2023                                                     | CUSIP: 235308K69<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $82458.59     | 0.07%             | 2031-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| King County School District No. 405 Bellevue                                     | King County School District No. 405, Series 2016                                                    | CUSIP: 495098YU3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $20323.96     | 0.02%             | 2027-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Columbia County School District                                                  | Columbia County School District, Series 2025                                                        | CUSIP: 197486NZ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $33225.58     | 0.03%             | 2040-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | Indiana Finance Authority, Series 2022B                                                             | CUSIP: 45506EFR9<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |     60000 | PA      | $66150.12     | 0.06%             | 2035-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority                                     | New York City Transitional Finance Authority, Series 2024B                                          | CUSIP: 64972JAN8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     65000 | PA      | $71552.51     | 0.06%             | 2037-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Hamilton OH Sales Tax Revenue                                          | County of Hamilton, Series 2016A                                                                    | CUSIP: 407287MD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     85000 | PA      | $86418.70     | 0.08%             | 2029-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Philadelphia PA Water & Wastewater Revenue                               | City of Philadelphia, Series 2024C                                                                  | CUSIP: 7178933N9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     35000 | PA      | $39100.12     | 0.03%             | 2037-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Jefferson Sales Tax District                                                     | Jefferson Sales Tax District, Series 2019B                                                          | CUSIP: 474176LC6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     15000 | PA      | $15904.92     | 0.01%             | 2033-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                          | Los Angeles Department of Water & Power, Series 2022A                                               | CUSIP: 544532DY7<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |     65000 | PA      | $68519.91     | 0.06%             | 2039-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Clark NV                                                               | County of Clark, Series 2017                                                                        | CUSIP: 180848SS3<br>LEI: 549300LDD8NZB2EOVG83 | Long             | DBT              | MUN               | US        |     10000 | PA      | $10292.56     | 0.01%             | 2030-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Wake NC                                                                | County of Wake, Series 2025A                                                                        | CUSIP: 930864JN4<br>LEI: 5493007XQJHO082P1H29 | Long             | DBT              | MUN               | US        |     30000 | PA      | $32140.28     | 0.03%             | 2029-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | Illinois Finance Authority, Series 2017                                                             | CUSIP: 45204EYA0<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |     40000 | PA      | $40634.22     | 0.04%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Denton TX Utility System Revenue                                         | City of Denton, Series 2017                                                                         | CUSIP: 249015C48<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    105000 | PA      | $106532.09    | 0.09%             | 2030-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power Water System Revenue                     | Los Angeles Department of Water & Power, Series 2017A                                               | CUSIP: 544525VY1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $20310.02     | 0.02%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ector County Independent School District                                         | Ector County Independent School District, Series 2024A                                              | CUSIP: 279263RL3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     70000 | PA      | $72342.52     | 0.06%             | 2027-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Denton TX Utility System Revenue                                         | City of Denton, Series 2017                                                                         | CUSIP: 249015C22<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     35000 | PA      | $35551.25     | 0.03%             | 2028-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| School Board of Miami-Dade County (The)                                          | School Board of Miami-Dade County (The), Series 2025A                                               | CUSIP: 59333MX26<br>LEI: 549300J3U4QVT6U3O129 | Long             | DBT              | MUN               | US        |     95000 | PA      | $103289.69    | 0.09%             | 2030-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port Authority of Houston of Harris County Texas                                 | Port Authority of Houston of Harris County Texas, Series 2020A2                                     | CUSIP: 7342606K3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     15000 | PA      | $16228.08     | 0.01%             | 2032-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority                                     | New York City Transitional Finance Authority, Series 2025F1                                         | CUSIP: 64972JQH4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     35000 | PA      | $38066.54     | 0.03%             | 2040-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| King County School District No. 405 Bellevue                                     | King County School District No. 405, Series 2016                                                    | CUSIP: 495098YT6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     60000 | PA      | $61001.17     | 0.05%             | 2026-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lower Colorado River Authority                                                   | Lower Colorado River Authority, Series 2024                                                         | CUSIP: 54811GP20<br>LEI: 549300QJFPW2NNBYR215 | Long             | DBT              | MUN               | US        |     35000 | PA      | $37794.51     | 0.03%             | 2038-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Snohomish County Public Utility District No. 1 Electric System Revenue           | Snohomish County Public Utility District No. 1, Series 2025B                                        | CUSIP: 833102G42<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    125000 | PA      | $138831.74    | 0.12%             | 2039-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Iowa Finance Authority                                                           | Iowa Finance Authority Midwestern Disaster Area, Series 2022                                        | CUSIP: 46246SAV7<br>LEI: 549300NQVL49BTHOW391 | Long             | DBT              | MUN               | US        |    150000 | PA      | $168930.86    | 0.15%             | 2050-12-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | State of Illinois, Series 2016                                                                      | CUSIP: 452152M99<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |     40000 | PA      | $40304.36     | 0.04%             | 2034-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Mexico Finance Authority                                                     | New Mexico Finance Authority, Series 2023B                                                          | CUSIP: 64711PNL0<br>LEI: 549300L6217Y7X40SP94 | Long             | DBT              | MUN               | US        |     15000 | PA      | $17006.37     | 0.02%             | 2033-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Water Development Board                                                    | Texas Water Development Board, Series 2019                                                          | CUSIP: 882854V41<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     70000 | PA      | $72941.09     | 0.06%             | 2039-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Braunfels Independent School District                                        | New Braunfels Independent School District, Series 2022B                                             | CUSIP: 642543F72<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $27479.29     | 0.02%             | 2034-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Massachusetts                                                    | Commonwealth of Massachusetts, Series A                                                             | CUSIP: 57582RDV5<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |     50000 | PA      | $51584.18     | 0.05%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Houston TX                                                               | City of Houston, Series 2019A                                                                       | CUSIP: 4423315C4<br>LEI: 549300C64URYS0WQQY42 | Long             | DBT              | MUN               | US        |     80000 | PA      | $84644.37     | 0.07%             | 2031-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Grand River Dam Authority                                                        | Grand River Dam Authority, Series 2016A                                                             | CUSIP: 386442WR4<br>LEI: 549300XGK5KWQHON4Q79 | Long             | DBT              | MUN               | US        |    125000 | PA      | $126802.88    | 0.11%             | 2031-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida Department of Environmental Protection                                   | Florida Department of Environmental Protection, Series 2016A                                        | CUSIP: 34160WZL1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $50311.89     | 0.04%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kentucky Public Energy Authority                                                 | Kentucky Public Energy Authority, Series 2025A                                                      | CUSIP: 74440DFN9<br>LEI: 549300XEJZWHYSY4SL55 | Long             | DBT              | MUN               | US        |     45000 | PA      | $47622.63     | 0.04%             | 2055-06-01      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| Central Plains Energy Project                                                    | Central Plains Energy Project, Series 2017A                                                         | CUSIP: 154871CH8<br>LEI: SVQOT7V5CPLIGNP5BE29 | Long             | DBT              | MUN               | US        |    110000 | PA      | $115358.60    | 0.10%             | 2032-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                   | New Jersey Transportation Trust Fund Authority, Series 2022CC                                       | CUSIP: 64613CCD8<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |     20000 | PA      | $21401.96     | 0.02%             | 2040-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Central Texas Turnpike System                                                    | Texas Transportation Commission, Series 2024C                                                       | CUSIP: 88283KCC0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $27479.82     | 0.02%             | 2037-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Austin TX                                                                | City of Austin, Series 2025                                                                         | CUSIP: 0523975A0<br>LEI: IW10PQVTU7HKS3JMW253 | Long             | DBT              | MUN               | US        |     50000 | PA      | $55726.38     | 0.05%             | 2038-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Virginia College Building Authority                                              | Virginia College Building Authority, Series 2020A                                                   | CUSIP: 92778VJF6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    105000 | PA      | $107190.43    | 0.09%             | 2027-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | Illinois Finance Authority, Series 2025C                                                            | CUSIP: 45204FR56<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |     85000 | PA      | $87014.96     | 0.08%             | 2027-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| American Municipal Power, Inc.                                                   | American Municipal Power, Inc., Series 2021A                                                        | CUSIP: 02765UQN7<br>LEI: EARKGGZJJEMVD66XQ486 | Long             | DBT              | MUN               | US        |     30000 | PA      | $31984.48     | 0.03%             | 2033-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Water District of Southern California                               | Metropolitan Water District of Southern California, Series 2020C                                    | CUSIP: 59266TSR3<br>LEI: 5493003GD0S0P56RLT45 | Long             | DBT              | MUN               | US        |     30000 | PA      | $32028.33     | 0.03%             | 2040-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                          | Los Angeles Department of Water & Power, Series 2024C                                               | CUSIP: 544532MM3<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |     40000 | PA      | $43055.72     | 0.04%             | 2039-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Seattle WA Municipal Light & Power Revenue                               | City of Seattle, Series 2023A                                                                       | CUSIP: 812643YP3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     55000 | PA      | $61700.38     | 0.05%             | 2034-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Washington                                                              | State of Washington, Series R-2018C                                                                 | CUSIP: 93974DX37<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |     30000 | PA      | $30910.90     | 0.03%             | 2031-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Connecticut                                                             | State of Connecticut, Series 2016B                                                                  | CUSIP: 20772JX49<br>LEI: 549300PHW5BZHA7BEX81 | Long             | DBT              | MUN               | US        |     15000 | PA      | $15027.22     | 0.01%             | 2026-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Indianapolis Department of Public Utilities Water System Revenue         | City of Indianapolis, Series 2018A                                                                  | CUSIP: 455412BH8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     15000 | PA      | $15551.67     | 0.01%             | 2027-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Wisconsin                                                               | State of Wisconsin, Series 2017-2                                                                   | CUSIP: 97705MJJ5<br>LEI: 549300VTAT608CNZ5827 | Long             | DBT              | MUN               | US        |     30000 | PA      | $30444.30     | 0.03%             | 2026-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Polk County School District                                                      | Polk County School District, Series 2019                                                            | CUSIP: 731127DB9<br>LEI: 549300N07FMPTRZO0044 | Long             | DBT              | MUN               | US        |     40000 | PA      | $42555.10     | 0.04%             | 2032-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia Income Tax Revenue                                          | District of Columbia, Series 2023A                                                                  | CUSIP: 25477GVW2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     55000 | PA      | $59748.39     | 0.05%             | 2039-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia                                                             | District of Columbia, Series 2024A                                                                  | CUSIP: 25476FD39<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |     30000 | PA      | $33208.08     | 0.03%             | 2031-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Oregon                                                                  | State of Oregon, Series 2021A                                                                       | CUSIP: 68609TE46<br>LEI: 549300R5SUGZRD8KP359 | Long             | DBT              | MUN               | US        |     20000 | PA      | $21851.50     | 0.02%             | 2034-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia                                                             | District of Columbia, Series 2019A                                                                  | CUSIP: 25476FXF0<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |     85000 | PA      | $90204.37     | 0.08%             | 2028-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                                 | Pennsylvania Turnpike Commission, Series B2                                                         | CUSIP: 709224XH7<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |    100000 | PA      | $102305.43    | 0.09%             | 2033-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Austin TX Water & Wastewater System Revenue                              | City of Austin, Series 2017                                                                         | CUSIP: 052477N51<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $25910.16     | 0.02%             | 2029-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia Income Tax Revenue                                          | District of Columbia, Series 2020A                                                                  | CUSIP: 25477GRN7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     95000 | PA      | $102091.47    | 0.09%             | 2033-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| School District of Broward County/FL                                             | School District of Broward County, Series 2020A                                                     | CUSIP: 115065C36<br>LEI: 5493006KVNQDJ1D0OD92 | Long             | DBT              | MUN               | US        |     75000 | PA      | $80684.24     | 0.07%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                                 | Pennsylvania Turnpike Commission, Series 2016                                                       | CUSIP: 709224RU5<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |     90000 | PA      | $91301.83     | 0.08%             | 2030-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| JEA Electric System Revenue                                                      | JEA Electric System, Series 2024A                                                                   | CUSIP: 46613SSA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $28336.41     | 0.03%             | 2033-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Harris County Regional Water Authority                                     | County of North Harris, Series 2016                                                                 | CUSIP: 65956NGQ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     40000 | PA      | $40634.24     | 0.04%             | 2027-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Clark NV                                                               | County of Clark, Series 2018A                                                                       | CUSIP: 180848WZ2<br>LEI: 549300LDD8NZB2EOVG83 | Long             | DBT              | MUN               | US        |    150000 | PA      | $157291.50    | 0.14%             | 2031-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                              | City of New York, Series 2023E1                                                                     | CUSIP: 64966QY46<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |     35000 | PA      | $38500.49     | 0.03%             | 2035-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Oregon                                                                  | State of Oregon, Series 2019A                                                                       | CUSIP: 68609TLD8<br>LEI: 549300R5SUGZRD8KP359 | Long             | DBT              | MUN               | US        |     20000 | PA      | $21397.28     | 0.02%             | 2030-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas, Inc.                                                    | Main Street Natural Gas, Inc., Series 2024C                                                         | CUSIP: 56035DHT2<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |    150000 | PA      | $158293.05    | 0.14%             | 2054-12-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| State of West Virginia                                                           | State of West Virginia, Series 2019A                                                                | CUSIP: 956553F71<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     60000 | PA      | $64031.67     | 0.06%             | 2031-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Joaquin Valley Clean Energy Authority                                        | San Joaquin Valley Clean Energy Authority, Series 2025A                                             | CUSIP: 79811YAK4<br>LEI: 254900VA5DFN33OVGH87 | Long             | DBT              | MUN               | US        |     90000 | PA      | $98009.04     | 0.09%             | 2056-01-01      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| Palm Beach County School District                                                | Palm Beach County School District, Series 2022B                                                     | CUSIP: 696550K43<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     45000 | PA      | $48866.89     | 0.04%             | 2039-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Collin County Community College District                                         | Collin County Community College District, Series 2020A                                              | CUSIP: 194741HL1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     95000 | PA      | $101249.96    | 0.09%             | 2031-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Austin Independent School District                                               | Austin Independent School District, Series 2049                                                     | CUSIP: 052430QE8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     45000 | PA      | $47293.32     | 0.04%             | 2030-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Jefferson Sales Tax District                                                     | Jefferson Sales Tax District, Series 2019B                                                          | CUSIP: 474176KZ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     35000 | PA      | $37536.10     | 0.03%             | 2030-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Francisco City & County Airport Comm-San Francisco International Airport     | San Francisco City & County, Series 2019D                                                           | CUSIP: 79766DMQ9<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |     25000 | PA      | $26810.00     | 0.02%             | 2033-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Johnson County Unified School District No. 233 Olathe                            | Johnson County Unified School District No. 233, Series 2022A                                        | CUSIP: 478718Z77<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $32795.53     | 0.03%             | 2030-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Municipal Improvement Corp. of Los Angeles                                       | Municipal Improvement Corp. of Los Angeles, Series 2016B                                            | CUSIP: 544587G93<br>LEI: 549300ZJ0YLTZNSR8F57 | Long             | DBT              | MUN               | US        |    110000 | PA      | $111390.88    | 0.10%             | 2031-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Delaware                                                                | State of Delaware, Series 2023A                                                                     | CUSIP: 246381SQ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    120000 | PA      | $133292.68    | 0.12%             | 2037-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Austin TX                                                                | City of Austin, Series 2025                                                                         | CUSIP: 0523973Q7<br>LEI: IW10PQVTU7HKS3JMW253 | Long             | DBT              | MUN               | US        |     35000 | PA      | $39008.47     | 0.03%             | 2038-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue          | New York City Transitional Finance Authority, Series 2023B1                                         | CUSIP: 64971X2E7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    160000 | PA      | $177418.78    | 0.16%             | 2033-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of West Virginia                                                           | State of West Virginia, Series 2018B                                                                | CUSIP: 956553A68<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    140000 | PA      | $146576.28    | 0.13%             | 2031-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FYI Properties                                                                   | FYI Properties, Series 2019                                                                         | CUSIP: 302716BJ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    125000 | PA      | $130921.10    | 0.12%             | 2030-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                              | City of New York, Series 2023E1                                                                     | CUSIP: 64966QY79<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |     35000 | PA      | $37779.48     | 0.03%             | 2038-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Iowa Finance Authority                                                           | Iowa Finance Authority, Series 2019A                                                                | CUSIP: 46246K5Z1<br>LEI: 549300NQVL49BTHOW391 | Long             | DBT              | MUN               | US        |    105000 | PA      | $110376.64    | 0.10%             | 2031-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Permanent University Fund - University of Texas System                           | Permanent University Fund - University of Texas System, Series 2024A                                | CUSIP: 915130AN8<br>LEI: 549300GZUEUTLKVGLF98 | Long             | DBT              | MUN               | US        |     40000 | PA      | $44271.57     | 0.04%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Iowa Finance Authority                                                           | Iowa Finance Authority, Series 2020A                                                                | CUSIP: 46246K7G1<br>LEI: 549300NQVL49BTHOW391 | Long             | DBT              | MUN               | US        |     40000 | PA      | $41338.96     | 0.04%             | 2027-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Omaha Public Power District                                                      | Omaha Public Power District, Series 2025A                                                           | CUSIP: 682001NW8<br>LEI: 54930000VJEJ9CGIYG32 | Long             | DBT              | MUN               | US        |     55000 | PA      | $62461.76     | 0.06%             | 2036-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue          | New York City Transitional Finance Authority, Series 2019C1                                         | CUSIP: 64971XKM9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $31207.23     | 0.03%             | 2039-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ohio Water Development Authority Water Pollution Control Loan Fund               | Ohio Water Development Authority, Series 2023A                                                      | CUSIP: 67766WG55<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     40000 | PA      | $44050.02     | 0.04%             | 2030-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Aldine Independent School District                                               | Aldine Independent School District, Series 2017A                                                    | CUSIP: 014393XG2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $25463.26     | 0.02%             | 2031-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | New York State Dormitory Authority, Series 2018A                                                    | CUSIP: 64990GAV4<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |     40000 | PA      | $40492.76     | 0.04%             | 2028-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                                 | Pennsylvania Turnpike Commission, Series 2016A3                                                     | CUSIP: 709224RE1<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |     35000 | PA      | $35466.70     | 0.03%             | 2030-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Chicago IL Waterworks Revenue                                            | City of Chicago, Series 2024A                                                                       | CUSIP: 167736Z59<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     70000 | PA      | $74944.13     | 0.07%             | 2040-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois Sales Tax Revenue                                              | State of Illinois, Series 2025A                                                                     | CUSIP: 452227WA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    115000 | PA      | $128119.97    | 0.11%             | 2034-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Cook County Community College District No. 508                                   | Cook County Community College District No. 508, Series 2024                                         | CUSIP: 213187EC7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $27045.89     | 0.02%             | 2037-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of Oklahoma (The)                                                     | University of Oklahoma, Series 2025A                                                                | CUSIP: 91476PF45<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $27663.57     | 0.02%             | 2038-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Government of Nashville & Davidson County TN                        | Metropolitan Government of Nashville & Davidson County, Series 2022A                                | CUSIP: 592112VM5<br>LEI: 549300GW8FVQJ3DU6O10 | Long             | DBT              | MUN               | US        |     80000 | PA      | $81503.18     | 0.07%             | 2027-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Minnesota                                                               | State of Minnesota, Series 2023                                                                     | CUSIP: 604140XP3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     15000 | PA      | $16794.17     | 0.01%             | 2035-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Dallas TX                                                                | City of Dallas, Series 2024B                                                                        | CUSIP: 235219XK3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $27820.54     | 0.02%             | 2032-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Washington                                                              | State of Washington, Series R-2024C                                                                 | CUSIP: 93974EY91<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |     55000 | PA      | $55458.44     | 0.05%             | 2026-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Water Reclamation District of Greater Chicago                       | Metropolitan Water Reclamation District of Greater Chicago, Series A                                | CUSIP: 167560SX0<br>LEI: 254900GOGQEZEWCZ4D37 | Long             | DBT              | MUN               | US        |     65000 | PA      | $66006.79     | 0.06%             | 2028-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Harris TX                                                              | County of Harris, Series 2022A                                                                      | CUSIP: 414005N46<br>LEI: 549300G9BRP25M0W1S40 | Long             | DBT              | MUN               | US        |     15000 | PA      | $16122.30     | 0.01%             | 2029-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Omaha Public Power District                                                      | Omaha Public Power District, Series 2023A                                                           | CUSIP: 682001JM5<br>LEI: 54930000VJEJ9CGIYG32 | Long             | DBT              | MUN               | US        |     35000 | PA      | $38387.39     | 0.03%             | 2037-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tampa Bay Water                                                                  | Tampa Bay Water, Series 2025                                                                        | CUSIP: 875128JV3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $21147.73     | 0.02%             | 2028-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Delaware Transportation Authority                                                | Delaware Transportation Authority, Series 2022                                                      | CUSIP: 246428N36<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     45000 | PA      | $49492.44     | 0.04%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Delaware                                                                | State of Delaware, Series 2017A                                                                     | CUSIP: 246381KT3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $20849.76     | 0.02%             | 2028-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Harris County Regional Water Authority                                     | North Harris County Regional Water Authority, Series 2016                                           | CUSIP: 65956NGW0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     35000 | PA      | $35456.65     | 0.03%             | 2033-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia                                                             | District of Columbia, Series 2018B                                                                  | CUSIP: 25476FWT1<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |     35000 | PA      | $36778.73     | 0.03%             | 2029-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of Utah (The)                                                         | University of Utah, Series 2022B                                                                    | CUSIP: 915183Z59<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     70000 | PA      | $77102.87     | 0.07%             | 2035-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ohio Water Development Authority Water Pollution Control Loan Fund               | Ohio Water Development Authority, Series 2023A                                                      | CUSIP: 67766WG30<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $21677.29     | 0.02%             | 2029-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| School Board of Miami-Dade County (The)                                          | School Board of Miami-Dade County (The), Series 2026                                                | CUSIP: 59333RMD3<br>LEI: 549300J3U4QVT6U3O129 | Long             | DBT              | MUN               | US        |     50000 | PA      | $56836.86     | 0.05%             | 2034-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Adams 12 Five Star Schools                                                       | Adams 12 Five Star Schools, Series 2025                                                             | CUSIP: 006449HX3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     15000 | PA      | $16825.42     | 0.01%             | 2039-12-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| M-S-R Energy Authority                                                           | M-S-R Energy Authority, Series 2009B                                                                | CUSIP: 55374SAE0<br>LEI: 549300UEMSS1JTK5YB98 | Long             | DBT              | MUN               | US        |     25000 | PA      | $29572.35     | 0.03%             | 2034-11-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| County of Williamson TX                                                          | County of Williamson, Series 2020                                                                   | CUSIP: 9698876D5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $76591.83     | 0.07%             | 2027-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Plano Independent School District                                                | Plano Independent School District, Series 2025B                                                     | CUSIP: 727199J93<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $32039.42     | 0.03%             | 2029-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Westmoreland County Municipal Authority                                          | Westmoreland County Municipal Authority, Series 2025A                                               | CUSIP: 961017SY7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $109382.16    | 0.10%             | 2039-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Philadelphia PA Water & Wastewater Revenue                               | City of Philadelphia, Series 2024C                                                                  | CUSIP: 7178933R0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     40000 | PA      | $43943.74     | 0.04%             | 2040-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Connecticut                                                             | State of Connecticut, Series 2024H                                                                  | CUSIP: 20772KYW3<br>LEI: 549300PHW5BZHA7BEX81 | Long             | DBT              | MUN               | US        |     65000 | PA      | $66001.29     | 0.06%             | 2026-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Kansas Department of Transportation                                     | State of Kansas, Series 2017A                                                                       | CUSIP: 485424RM9<br>LEI: 5493001635XK841MIO47 | Long             | DBT              | MUN               | US        |     10000 | PA      | $10257.41     | 0.01%             | 2034-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Salt River Project Agricultural Improvement & Power District                     | Salt River Project Agricultural Improvement & Power District, Series 2025B                          | CUSIP: 79574CGW7<br>LEI: SHB8HO6GKXJ83RX5OV39 | Long             | DBT              | MUN               | US        |     55000 | PA      | $62073.57     | 0.05%             | 2033-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Oklahoma Turnpike Authority                                                      | Oklahoma State Turnpike Authority, Series 2017C                                                     | CUSIP: 679111XT6<br>LEI: 549300J83EP2PBDYH615 | Long             | DBT              | MUN               | US        |    130000 | PA      | $131750.96    | 0.12%             | 2035-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Trinity River Authority Central Regional Wastewater System Revenue               | Trinity River Authority, Series 2019                                                                | CUSIP: 89658HWU0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     15000 | PA      | $16106.29     | 0.01%             | 2029-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Clark County School District No. 37 Vancouver                                    | Clark County School District No. 37, Series 2019                                                    | CUSIP: 181144UC8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     80000 | PA      | $84697.94     | 0.07%             | 2033-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Cook IL                                                                | County of Cook, Series 2016A                                                                        | CUSIP: 213185KG5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     35000 | PA      | $35538.72     | 0.03%             | 2026-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Wake NC                                                                | County of Wake, Series 2023A                                                                        | CUSIP: 930864GJ6<br>LEI: 5493007XQJHO082P1H29 | Long             | DBT              | MUN               | US        |     80000 | PA      | $88775.61     | 0.08%             | 2031-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Oregon State Lottery                                                             | Oregon State Lottery, Series 2022A                                                                  | CUSIP: 68607V3B9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $21677.60     | 0.02%             | 2038-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida Municipal Power Agency                                                   | Florida Municipal Power Agency, Series 2016A                                                        | CUSIP: 342816H81<br>LEI: 549300M3I10QJUPNU131 | Long             | DBT              | MUN               | US        |     50000 | PA      | $50569.19     | 0.04%             | 2026-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Michigan Trunk Line Revenue                                             | State of Michigan, Series 2023                                                                      | CUSIP: 5946954J4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     35000 | PA      | $38086.25     | 0.03%             | 2040-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Water Development Board                                                    | Texas Water Development Board, Series 2025                                                          | CUSIP: 88285AHY7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $26530.06     | 0.02%             | 2028-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Trinity River Authority Central Regional Wastewater System Revenue               | Trinity River Authority, Series 2017                                                                | CUSIP: 89658HVE7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $77179.35     | 0.07%             | 2030-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Antonio Water System                                                         | San Antonio Water System, Series 2020A                                                              | CUSIP: 79642GHB1<br>LEI: 549300S7VENCVRZAA322 | Long             | DBT              | MUN               | US        |     25000 | PA      | $25702.00     | 0.02%             | 2027-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Palm Beach County School District                                                | Palm Beach County School District, Series 2018C                                                     | CUSIP: 696550G63<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    160000 | PA      | $168502.13    | 0.15%             | 2029-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                  | California Community Choice Financing Authority, Series 2024D                                       | CUSIP: 13013JFD3<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |    170000 | PA      | $182074.03    | 0.16%             | 2055-02-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Oregon                                                                  | State of Oregon, Series 2021A                                                                       | CUSIP: 68609TE20<br>LEI: 549300R5SUGZRD8KP359 | Long             | DBT              | MUN               | US        |     70000 | PA      | $77334.23     | 0.07%             | 2032-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Imperial Irrigation District Electric System Revenue                             | Imperial Irrigation District, Series 2016C                                                          | CUSIP: 452650GE8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $25032.93     | 0.02%             | 2037-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois State Toll Highway Authority                                            | Illinois State Toll Highway Authority, Series 2023A                                                 | CUSIP: 452252PZ6<br>LEI: 549300ISBFGI8MJJKM98 | Long             | DBT              | MUN               | US        |     70000 | PA      | $75581.50     | 0.07%             | 2041-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                   | New Jersey Transportation Trust Fund Authority, Series 2021A                                        | CUSIP: 6461367W5<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |     20000 | PA      | $21972.65     | 0.02%             | 2032-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago O'Hare International Airport                                             | Chicago O'Hare International Airport, Series 2020A                                                  | CUSIP: 167593N81<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     70000 | PA      | $74280.31     | 0.07%             | 2034-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Northside Independent School District                                            | Northside Independent School District, Series 2018                                                  | CUSIP: 66702RTM4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     45000 | PA      | $46367.29     | 0.04%             | 2030-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | State of Illinois, Series 2023B                                                                     | CUSIP: 452153HB8<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |     35000 | PA      | $38118.62     | 0.03%             | 2031-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | New York State Dormitory Authority, Series 2018A                                                    | CUSIP: 64990GAZ5<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |     55000 | PA      | $55672.04     | 0.05%             | 2030-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| King County School District No. 411 Issaquah                                     | King County School District No. 411, Series 2016                                                    | CUSIP: 4952243A3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     65000 | PA      | $65097.48     | 0.06%             | 2031-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | State of Illinois, Series 2021A                                                                     | CUSIP: 452153AK5<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |    140000 | PA      | $151576.68    | 0.13%             | 2031-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tennergy Corp.                                                                   | Tennergy Corp., Series 2024A                                                                        | CUSIP: 880397CJ1<br>LEI: 5493008K3JJFBSC4C235 | Long             | DBT              | MUN               | US        |    160000 | PA      | $167727.87    | 0.15%             | 2054-10-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Washington                                                              | State of Washington, Series 2020A                                                                   | CUSIP: 93974EAG1<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |     30000 | PA      | $32303.62     | 0.03%             | 2029-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Antonio Independent School District/TX                                       | City of San Antonio, Series 2015                                                                    | CUSIP: 796269VY1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $29998.92     | 0.03%             | 2040-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Delaware Transportation Authority                                                | Delaware Transportation Authority, Series 2020                                                      | CUSIP: 246428K54<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     70000 | PA      | $76054.13     | 0.07%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Austin TX                                                                | City of Austin, Series 2025                                                                         | CUSIP: 0523974U7<br>LEI: IW10PQVTU7HKS3JMW253 | Long             | DBT              | MUN               | US        |     95000 | PA      | $106410.94    | 0.09%             | 2032-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Sarasota County School Board                                                     | Sarasota County School Board, Series 2023A                                                          | CUSIP: 80330QDQ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $55022.93     | 0.05%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue          | New York City Transitional Finance Authority, Series 2022C1                                         | CUSIP: 64971XJ90<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $54186.45     | 0.05%             | 2030-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southeast Energy Authority A Cooperative District                                | Southeast Energy Authority A Cooperative District, Series 2025F                                     | CUSIP: 84136JAE9<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |    200000 | PA      | $212712.30    | 0.19%             | 2030-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | Indiana Finance Authority, Series 2019E                                                             | CUSIP: 45506D5M3<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |     65000 | PA      | $67923.92     | 0.06%             | 2028-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | State of Illinois, Series 2023B                                                                     | CUSIP: 452153FF1<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |    160000 | PA      | $169734.11    | 0.15%             | 2039-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Southeast Energy Authority A Cooperative District                                | Southeast Energy Authority A Cooperative District, Series 2025D                                     | CUSIP: 84136HCP6<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |    150000 | PA      | $161436.84    | 0.14%             | 2035-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Department of Transportation State Highway Fund                            | Texas Department of Transportation, Series 2024                                                     | CUSIP: 88283LLB0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     35000 | PA      | $38318.38     | 0.03%             | 2030-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Ohio                                                                    | State of Ohio, Series 2017B                                                                         | CUSIP: 677522VB7<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |     85000 | PA      | $89970.62     | 0.08%             | 2028-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Wisconsin                                                               | State of Wisconsin, Series 2020B                                                                    | CUSIP: 97705MTV7<br>LEI: 549300VTAT608CNZ5827 | Long             | DBT              | MUN               | US        |     45000 | PA      | $48012.78     | 0.04%             | 2031-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Minnesota                                                               | State of Minnesota, Series 2020A                                                                    | CUSIP: 60412ATN3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     85000 | PA      | $91554.44     | 0.08%             | 2035-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kentucky Turnpike Authority                                                      | Kentucky Turnpike Authority, Series 2022A                                                           | CUSIP: 491552R98<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $27477.83     | 0.02%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of San Antonio TX Electric & Gas Systems Revenue                            | City of San Antonio, Series 2016                                                                    | CUSIP: 7962535N8<br>LEI: 5493002G2FEH20Q4GQ04 | Long             | DBT              | MUN               | US        |     15000 | PA      | $15109.54     | 0.01%             | 2029-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southeast Energy Authority A Cooperative District                                | Southeast Energy Authority A Cooperative District, Series 2025F                                     | CUSIP: 84136JAL3<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |    230000 | PA      | $248262.44    | 0.22%             | 2055-11-01      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| Omaha Public Power District                                                      | Omaha Public Power District, Series 2024B                                                           | CUSIP: 682001MB5<br>LEI: 54930000VJEJ9CGIYG32 | Long             | DBT              | MUN               | US        |     85000 | PA      | $95204.74     | 0.08%             | 2035-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| IPS Multi-School Building Corp.                                                  | IPS Multi-School Building Corp., Series 2024                                                        | CUSIP: 46263RTT2<br>LEI: 549300BHLK1DUJUYPM91 | Long             | DBT              | MUN               | US        |    170000 | PA      | $183513.90    | 0.16%             | 2039-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Atlanta Rapid Transit Authority                                     | Metropolitan Atlanta Rapid Transit Authority, Series 2024B                                          | CUSIP: 591746BH4<br>LEI: 5493006NVWO3NVLK0F49 | Long             | DBT              | MUN               | US        |     85000 | PA      | $95699.81     | 0.08%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ohio Water Development Authority Water Pollution Control Loan Fund               | Ohio Water Development Authority, Series 2020A                                                      | CUSIP: 67766WYN6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $21854.47     | 0.02%             | 2030-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida State Board of Governors                                                 | Florida State Board of Governors, Series 2024A                                                      | CUSIP: 34157NAP4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $82458.59     | 0.07%             | 2038-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Marble Falls Independent School District                                         | Marble Falls Independent School District, Series 2025                                               | CUSIP: 566030YG1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     45000 | PA      | $49130.78     | 0.04%             | 2041-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | Indiana Finance Authority, Series 2019E                                                             | CUSIP: 45506D5N1<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |     75000 | PA      | $80012.79     | 0.07%             | 2029-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Wisconsin                                                               | State of Wisconsin, Series 2025B                                                                    | CUSIP: 97705MT62<br>LEI: 549300VTAT608CNZ5827 | Long             | DBT              | MUN               | US        |     35000 | PA      | $35953.58     | 0.03%             | 2027-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                  | California Community Choice Financing Authority, Series 2024H                                       | CUSIP: 13013JFW1<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |    130000 | PA      | $140659.77    | 0.12%             | 2056-01-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Tallahassee FL Energy System Revenue                                     | City of Tallahassee, Series 2024                                                                    | CUSIP: 874476LX0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10938.85     | 0.01%             | 2040-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| King County School District No. 412 Shoreline                                    | King County School District No. 412, Series 2018                                                    | CUSIP: 495242M71<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     65000 | PA      | $68702.06     | 0.06%             | 2031-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lewisville Independent School District                                           | Lewisville Independent School District, Series 2020                                                 | CUSIP: 52882PEH7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $26671.44     | 0.02%             | 2031-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Portland OR Water System Revenue                                         | City of Portland, Series 2024A                                                                      | CUSIP: 736754TB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $27679.71     | 0.02%             | 2031-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Nevada Highway Improvement Revenue                                      | State of Nevada, Series 2017                                                                        | CUSIP: 641480JD1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $20538.45     | 0.02%             | 2031-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Central Valley Energy Authority                                                  | Central Valley Energy Authority, Series 2025                                                        | CUSIP: 15569DAA0<br>LEI: 254900G5IPQ9MA3FRJ55 | Long             | DBT              | MUN               | US        |    150000 | PA      | $161411.10    | 0.14%             | 2055-12-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Florida                                                                 | State of Florida, Series 2020A                                                                      | CUSIP: 34153QTB2<br>LEI: 5493004G5XFOOUT0LQ57 | Long             | DBT              | MUN               | US        |    105000 | PA      | $113843.84    | 0.10%             | 2033-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Spokane County School District No. 81 Spokane                                    | Spokane County School District No. 81, Series 2019                                                  | CUSIP: 848712RE7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     40000 | PA      | $42295.55     | 0.04%             | 2034-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Carolina Turnpike Authority                                                | State of North Carolina, Series 2018                                                                | CUSIP: 65830RCK3<br>LEI: 549300FCT1PN0GJGQ240 | Long             | DBT              | MUN               | US        |     35000 | PA      | $35946.34     | 0.03%             | 2040-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue          | New York City Transitional Finance Authority, Series 2021F1                                         | CUSIP: 64971XYZ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     45000 | PA      | $45642.79     | 0.04%             | 2026-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Lincoln NE Electric System Revenue                                       | City of Lincoln, Series 2015A                                                                       | CUSIP: 534272E21<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $24545.07     | 0.02%             | 2036-09-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| City of Houston TX Combined Utility System Revenue                               | City of Houston, Series 2016B                                                                       | CUSIP: 44244CGK7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $20292.77     | 0.02%             | 2027-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Mississippi                                                             | State of Mississippi, Series 2017A                                                                  | CUSIP: 605581JJ7<br>LEI: 549300JRWW5RFQUB7P94 | Long             | DBT              | MUN               | US        |     65000 | PA      | $65824.38     | 0.06%             | 2026-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southeast Energy Authority A Cooperative District                                | Southeast Energy Authority A Cooperative District, Series 2022A1                                    | CUSIP: 84136FBL0<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |     90000 | PA      | $95789.30     | 0.08%             | 2053-01-01      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| Empire State Development Corp.                                                   | Empire State Development Corp., Series 2020C                                                        | CUSIP: 650036BW5<br>LEI: 54930039Y2EMGXN6LM88 | Long             | DBT              | MUN               | US        |     55000 | PA      | $59178.97     | 0.05%             | 2035-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                                 | Pennsylvania Turnpike Commission, Series 2019A                                                      | CUSIP: 709224S26<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |     90000 | PA      | $96037.14     | 0.08%             | 2034-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Municipal Water Finance Authority                                  | New York City Municipal Water Finance Authority, Series 2021CC3                                     | CUSIP: 64972GYN8<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |     25000 | PA      | $27609.54     | 0.02%             | 2032-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Central Plains Energy Project                                                    | Central Plains Energy Project, Series 2017A                                                         | CUSIP: 154871CE5<br>LEI: SVQOT7V5CPLIGNP5BE29 | Long             | DBT              | MUN               | US        |    125000 | PA      | $130220.06    | 0.12%             | 2029-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue          | New York City Transitional Finance Authority, Series B1                                             | CUSIP: 64971XHM3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $103828.93    | 0.09%             | 2036-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Clark NV                                                               | County of Clark, Series 2023                                                                        | CUSIP: 181000TF7<br>LEI: 549300LDD8NZB2EOVG83 | Long             | DBT              | MUN               | US        |     20000 | PA      | $22442.13     | 0.02%             | 2034-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Oregon Department of Transportation                                     | State of Oregon, Series 2023A                                                                       | CUSIP: 68607DWM3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     55000 | PA      | $60160.58     | 0.05%             | 2038-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southeast Energy Authority A Cooperative District                                | Southeast Energy Authority A Cooperative District, Series 2025H                                     | CUSIP: 84136HDM2<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |     40000 | PA      | $41771.99     | 0.04%             | 2035-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Pennsylvania                                                     | Commonwealth of Pennsylvania, Series 2022-1                                                         | CUSIP: 70914PX64<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     40000 | PA      | $40497.31     | 0.04%             | 2026-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Government of Nashville & Davidson County TN Electric Revenue       | Metropolitan Government of Nashville & Davidson County, Series 2024A                                | CUSIP: 592030R36<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $165329.07    | 0.15%             | 2039-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                  | California Community Choice Financing Authority, Series 2026B                                       | CUSIP: 13013JHM1<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |    200000 | PA      | $207698.06    | 0.18%             | 2036-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Dallas TX                                                                | City of Dallas, Series 2019A                                                                        | CUSIP: 235219PL0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     35000 | PA      | $36573.78     | 0.03%             | 2028-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arizona Board of Regents                                                         | Arizona Board of Regents, Series 2026A                                                              | CUSIP: 040484M87<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $28668.91     | 0.03%             | 2036-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Loudoun VA                                                             | County of Loudoun, Series 2020A                                                                     | CUSIP: 54589TJH6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $32538.93     | 0.03%             | 2029-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Prince George's MD                                                     | County of Prince George's, Series 2025A                                                             | CUSIP: 741702DE1<br>LEI: 549300NSQ1W50I0VU811 | Long             | DBT              | MUN               | US        |     30000 | PA      | $33694.82     | 0.03%             | 2032-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                              | City of New York, Series 2019D1                                                                     | CUSIP: 64966QAU4<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |     40000 | PA      | $41551.48     | 0.04%             | 2038-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Florida Lottery Revenue                                                 | State of Florida, Series 2017A                                                                      | CUSIP: 341507S28<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     90000 | PA      | $92795.16     | 0.08%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Maryland Department of Transportation                                   | State of Maryland, Series 2025B                                                                     | CUSIP: 574204X57<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    125000 | PA      | $141056.15    | 0.12%             | 2034-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Central Florida Tourism Oversight District                                       | Central Florida Tourism Oversight District, Series 2016A                                            | CUSIP: 758449QV7<br>LEI: 549300DLSKH6SZ96KV94 | Long             | DBT              | MUN               | US        |     25000 | PA      | $25073.48     | 0.02%             | 2035-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan State Building Authority                                                | Michigan State Building Authority, Series 2025I                                                     | CUSIP: 594615MX1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $21778.20     | 0.02%             | 2030-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                  | California Community Choice Financing Authority, Series 2025E                                       | CUSIP: 13013JHG4<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |     55000 | PA      | $58928.85     | 0.05%             | 2056-10-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Austin Independent School District                                               | Austin Independent School District, Series 2019                                                     | CUSIP: 052430QB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $77470.48     | 0.07%             | 2027-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois Sales Tax Revenue                                              | State of Illinois, Series 2025B                                                                     | CUSIP: 452227VK4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     90000 | PA      | $96951.71     | 0.09%             | 2039-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tennessee State School Bond Authority                                            | Tennessee State School Bond Authority, Series B                                                     | CUSIP: 880558KB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     95000 | PA      | $96373.10     | 0.09%             | 2026-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                             | Triborough Bridge & Tunnel Authority, Series 2023B                                                  | CUSIP: 89602HFU6<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |     25000 | PA      | $28529.88     | 0.03%             | 2033-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Denton TX Utility System Revenue                                         | City of Denton, Series 2017                                                                         | CUSIP: 249015C71<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $101329.00    | 0.09%             | 2033-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                                   | Black Belt Energy Gas District, Series 2026B                                                        | CUSIP: 09182THB6<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |     45000 | PA      | $48016.34     | 0.04%             | 2034-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Energy Southeast A Cooperative District                                          | Energy Southeast A Cooperative District, Series 2023A1                                              | CUSIP: 292723AK9<br>LEI: 2549001SMMZ81MXBXZ89 | Long             | DBT              | MUN               | US        |    190000 | PA      | $204326.89    | 0.18%             | 2053-11-01      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| District of Columbia                                                             | District of Columbia, Series 2016A                                                                  | CUSIP: 25476FRQ3<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |     20000 | PA      | $20079.66     | 0.02%             | 2033-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Weld County School District No. RE-4                                             | Weld County School District No. Re4, Series 2023                                                    | CUSIP: 949232EU2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10909.65     | 0.01%             | 2037-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Water Development Board                                                    | Texas Water Development Board, Series 2022                                                          | CUSIP: 88285ABB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     40000 | PA      | $42126.12     | 0.04%             | 2037-10-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| District of Columbia Income Tax Revenue                                          | District of Columbia, Series 2022A                                                                  | CUSIP: 25477GUN3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $54702.85     | 0.05%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Water Development Board                                                    | Texas Water Development Board, Series 2022                                                          | CUSIP: 8828547W6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     40000 | PA      | $43534.60     | 0.04%             | 2037-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Wisconsin                                                               | State of Wisconsin, Series 2023B                                                                    | CUSIP: 97705MD28<br>LEI: 549300VTAT608CNZ5827 | Long             | DBT              | MUN               | US        |     45000 | PA      | $47265.69     | 0.04%             | 2028-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Sales Tax Securitization Corp.                                                   | Sales Tax Securitization Corp., Series 2018A                                                        | CUSIP: 79467BBC8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     45000 | PA      | $46346.59     | 0.04%             | 2032-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kentucky State Property & Building Commission                                    | Kentucky State Property & Building Commission, Series A                                             | CUSIP: 49151F6L9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $11004.20     | 0.01%             | 2040-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia Income Tax Revenue                                          | District of Columbia, Series 2022A                                                                  | CUSIP: 25477GUJ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     40000 | PA      | $44762.51     | 0.04%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                                 | Pennsylvania Turnpike Commission, Series 2021C                                                      | CUSIP: 709225EN2<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |     30000 | PA      | $30270.86     | 0.03%             | 2039-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Alabama Public School and College Authority                                      | Alabama Public School and College Authority, Series 2020A                                           | CUSIP: 010609FP5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     90000 | PA      | $96629.49     | 0.09%             | 2035-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | Illinois Finance Authority, Series 2024B                                                            | CUSIP: 45204FWX9<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |     35000 | PA      | $38824.86     | 0.03%             | 2032-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of Delaware                                                           | University of Delaware, Series 2025A                                                                | CUSIP: 914245EF8<br>LEI: KPIOJCFMR70NWLS6O145 | Long             | DBT              | MUN               | US        |     75000 | PA      | $84652.38     | 0.07%             | 2035-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City & County of Denver CO Airport System Revenue                                | City & County of Denver, Series 2019C                                                               | CUSIP: 249182NG7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $21531.31     | 0.02%             | 2030-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Seattle WA Municipal Light & Power Revenue                               | City of Seattle, Series 2023A                                                                       | CUSIP: 812643YT5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $32813.68     | 0.03%             | 2038-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Oregon                                                                  | State of Oregon, Series 2021A                                                                       | CUSIP: 68609TE38<br>LEI: 549300R5SUGZRD8KP359 | Long             | DBT              | MUN               | US        |     30000 | PA      | $32985.53     | 0.03%             | 2033-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas, Inc.                                                    | Main Street Natural Gas, Inc., Series 2019C                                                         | CUSIP: 56035DCR1<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |     90000 | PA      | $90250.03     | 0.08%             | 2050-03-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | New York State Dormitory Authority, Series 2019A                                                    | CUSIP: 64990FKX1<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |     25000 | PA      | $26095.42     | 0.02%             | 2040-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue          | New York City Transitional Finance Authority, Series 2024G1                                         | CUSIP: 64972JHR2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $54375.03     | 0.05%             | 2039-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Harris County Regional Water Authority                                     | County of North Harris, Series 2016                                                                 | CUSIP: 65956NGU4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     55000 | PA      | $55758.56     | 0.05%             | 2031-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Clear Creek Independent School District                                          | Clear Creek Independent School District, Series 2025                                                | CUSIP: 184541JE1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $28328.49     | 0.03%             | 2034-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Weld County School District No. RE-4                                             | Weld County School District No. Re-4, Series 2023                                                   | CUSIP: 949232EV0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |      5000 | PA      | $5425.94      | 0.00%             | 2038-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Westfield-Washington Multi-School Building Corp.                                 | Westfield-Washington Multi-School Building Corp., Series 2024A                                      | CUSIP: 96023PPA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $82839.71     | 0.07%             | 2036-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Delaware Transportation Authority                                                | Delaware Transportation Authority, Series 2020                                                      | CUSIP: 246419BP9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     65000 | PA      | $69873.28     | 0.06%             | 2029-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Clark NV                                                               | County of Clark, Series 2018B                                                                       | CUSIP: 180848YA5<br>LEI: 549300LDD8NZB2EOVG83 | Long             | DBT              | MUN               | US        |    150000 | PA      | $157696.22    | 0.14%             | 2034-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Broward FL Tourist Development Tax Revenue                             | County of Broward, Series 2021                                                                      | CUSIP: 115085AH5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $27275.22     | 0.02%             | 2030-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Central Florida Expressway Authority                                             | Central Florida Expressway Authority, Series 2021D                                                  | CUSIP: 153476HJ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     45000 | PA      | $49225.74     | 0.04%             | 2034-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia Income Tax Revenue                                          | District of Columbia, Series 2020A                                                                  | CUSIP: 25477GRL1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     40000 | PA      | $43231.68     | 0.04%             | 2031-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Kansas Department of Transportation                                     | State of Kansas, Series 2018A                                                                       | CUSIP: 485424SJ5<br>LEI: 5493001635XK841MIO47 | Long             | DBT              | MUN               | US        |    110000 | PA      | $113290.82    | 0.10%             | 2031-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Maryland                                                                | State of Maryland, Series 2021A                                                                     | CUSIP: 574193UE6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    145000 | PA      | $157706.03    | 0.14%             | 2035-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Dallas TX                                                                | City of Dallas, Series 2019A                                                                        | CUSIP: 235219PK2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     95000 | PA      | $97032.91     | 0.09%             | 2027-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Mississippi                                                             | State of Mississippi, Series 2017A                                                                  | CUSIP: 605581JQ1<br>LEI: 549300JRWW5RFQUB7P94 | Long             | DBT              | MUN               | US        |     20000 | PA      | $20741.25     | 0.02%             | 2032-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fort Collins-Loveland Water District                                             | Fort Collins-Loveland Water District, Series 2025                                                   | CUSIP: 347163CL9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     40000 | PA      | $44495.14     | 0.04%             | 2039-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                                   | Black Belt Energy Gas District, Series 2025D                                                        | CUSIP: 09182TFT9<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |    170000 | PA      | $179875.61    | 0.16%             | 2055-12-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue          | New York City Transitional Finance Authority, Series 2024G1                                         | CUSIP: 64972JHS0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     55000 | PA      | $59533.73     | 0.05%             | 2040-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| School District of Philadelphia (The)                                            | School District of Philadelphia (The), Series 2019A                                                 | CUSIP: 717883WF5<br>LEI: 254900HSKDHZKBZCUL90 | Long             | DBT              | MUN               | US        |     65000 | PA      | $64345.12     | 0.06%             | 2039-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Southeast Energy Authority A Cooperative District                                | Southeast Energy Authority A Cooperative District, Series 2025B                                     | CUSIP: 84136HBT9<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |    105000 | PA      | $107876.97    | 0.10%             | 2055-03-01      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| Hillsboro School District No. 1J                                                 | Hillsboro School District No. 1J, Series 2017                                                       | CUSIP: 939307JD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $30765.08     | 0.03%             | 2032-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois Sales Tax Revenue                                              | State of Illinois, Series 2025B                                                                     | CUSIP: 452227WF4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $80793.09     | 0.07%             | 2039-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Department of Transportation State Highway Fund                            | Texas Department of Transportation, Series 2008                                                     | CUSIP: 88283LGZ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     40000 | PA      | $41094.77     | 0.04%             | 2027-04-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Oklahoma State University                                                        | Oklahoma State University, Series 2020A                                                             | CUSIP: 679191HH2<br>LEI: 254900M845UI413F1O58 | Long             | DBT              | MUN               | US        |     65000 | PA      | $70824.47     | 0.06%             | 2031-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Pennsylvania                                                     | Commonwealth of Pennsylvania, Series 2022-1                                                         | CUSIP: 70914PY89<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $21948.01     | 0.02%             | 2036-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | New Hampshire Business Finance Authority, Series 2025A                                              | CUSIP: 63607YCQ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     35000 | PA      | $38334.95     | 0.03%             | 2035-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | New York State Dormitory Authority, Series 2018C                                                    | CUSIP: 64990AJZ9<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |     25000 | PA      | $25971.72     | 0.02%             | 2035-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Washington                                                              | State of Washington, Series 2018C                                                                   | CUSIP: 93974D2K3<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |    110000 | PA      | $114368.16    | 0.10%             | 2032-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Nevada Highway Improvement Revenue                                      | State of Nevada, Series 2017                                                                        | CUSIP: 641480JC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    160000 | PA      | $164438.14    | 0.15%             | 2030-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of Delaware                                                           | University of Delaware, Series 2025A                                                                | CUSIP: 914245EG6<br>LEI: KPIOJCFMR70NWLS6O145 | Long             | DBT              | MUN               | US        |    110000 | PA      | $123010.77    | 0.11%             | 2036-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Clark NV                                                               | County of Clark, Series 2017                                                                        | CUSIP: 180848SN4<br>LEI: 549300LDD8NZB2EOVG83 | Long             | DBT              | MUN               | US        |     35000 | PA      | $35143.73     | 0.03%             | 2026-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Aldine Independent School District                                               | Aldine Independent School District, Series 2024B                                                    | CUSIP: 014393C42<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $32559.17     | 0.03%             | 2040-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas, Inc.                                                    | Main Street Natural Gas, Inc., Series 2024B                                                         | CUSIP: 56035DHK1<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |     40000 | PA      | $42696.14     | 0.04%             | 2054-12-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| East Allen Multi School Building Corp.                                           | East Allen Multi School Building Corp., Series 2025                                                 | CUSIP: 270456JY3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $79971.65     | 0.07%             | 2040-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Water Development Board                                                    | Texas Water Development Board, Series 2022                                                          | CUSIP: 88285AAY4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    115000 | PA      | $127844.01    | 0.11%             | 2034-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Wisconsin Environmental Improvement Fund Revenue                        | State of Wisconsin, Series 2024A                                                                    | CUSIP: 97709TEJ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $56271.22     | 0.05%             | 2033-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Northeast Ohio Regional Sewer District                                           | Northeast Ohio Regional Sewer District, Series 2024                                                 | CUSIP: 663903KZ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $21660.15     | 0.02%             | 2029-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Missouri Joint Municipal Electric Utility Commission                             | Missouri Joint Municipal Electric Utility Commission, Series 2025                                   | CUSIP: 606092QB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $32266.44     | 0.03%             | 2029-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Atlanta Rapid Transit Authority                                     | Metropolitan Atlanta Rapid Transit Authority, Series 2007-3                                         | CUSIP: 591745B78<br>LEI: 5493006NVWO3NVLK0F49 | Long             | DBT              | MUN               | US        |     55000 | PA      | $56915.64     | 0.05%             | 2027-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Board of Governors of Colorado State University System                           | Board of Governors of Colorado State University System, Series 2013A                                | CUSIP: 196707MQ3<br>LEI: 549300MAE3RAIIEIQV71 | Long             | DBT              | MUN               | US        |     95000 | PA      | $105699.03    | 0.09%             | 2033-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Cypress-Fairbanks Independent School District                                    | Cypress-Fairbanks Independent School District, Series 2019                                          | CUSIP: 232769EM7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $31809.12     | 0.03%             | 2031-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Chicago IL Waterworks Revenue                                            | City of Chicago, Series 2000                                                                        | CUSIP: 167736E37<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $30332.18     | 0.03%             | 2029-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | New York State Dormitory Authority, Series 2019A                                                    | CUSIP: 64990GJP8<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |     55000 | PA      | $57959.09     | 0.05%             | 2038-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Utah Transit Authority                                                           | Utah Transit Authority, Series 2018-2                                                               | CUSIP: 917567DX4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10256.97     | 0.01%             | 2040-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan State Building Authority                                                | Michigan State Building Authority, Series 2025I                                                     | CUSIP: 594615NM4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $112623.69    | 0.10%             | 2038-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida Municipal Power Agency                                                   | Florida Municipal Power Agency, Series 2016A                                                        | CUSIP: 342816J22<br>LEI: 549300M3I10QJUPNU131 | Long             | DBT              | MUN               | US        |     35000 | PA      | $35406.86     | 0.03%             | 2028-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Florida                                                                 | State of Florida, Series 2020A                                                                      | CUSIP: 34153QSZ0<br>LEI: 5493004G5XFOOUT0LQ57 | Long             | DBT              | MUN               | US        |     90000 | PA      | $97888.46     | 0.09%             | 2031-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Regional Transportation District Sales Tax Revenue                               | Regional Transportation District, Series 2021B                                                      | CUSIP: 759136UY8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $75806.10     | 0.07%             | 2039-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Eagle County School District No. Re50J                                           | Eagle County School District No. Re50J, Series 2024                                                 | CUSIP: 26951PFT0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $32718.14     | 0.03%             | 2040-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Virginia Commonwealth Transportation Board                                       | Virginia Commonwealth Transportation Board, Series 2016                                             | CUSIP: 92778UAZ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     40000 | PA      | $40435.85     | 0.04%             | 2028-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                              | City of New York, Series 2021F1                                                                     | CUSIP: 64966QVM9<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |     55000 | PA      | $58747.83     | 0.05%             | 2037-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Minnesota                                                               | State of Minnesota, Series 2020A                                                                    | CUSIP: 60412ATJ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10929.16     | 0.01%             | 2031-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                                 | Pennsylvania Turnpike Commission, Series 2023-1                                                     | CUSIP: 709225GY6<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |     90000 | PA      | $99302.61     | 0.09%             | 2036-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Corpus Christi Independent School District                                       | Corpus Christi Independent School District, Series 2019                                             | CUSIP: 2201476P2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $79191.54     | 0.07%             | 2028-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                         | Massachusetts Development Finance Agency, Series 2025A                                              | CUSIP: 57585BKD9<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |     25000 | PA      | $28633.10     | 0.03%             | 2055-11-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Florida                                                                 | State of Florida, Series 2022C                                                                      | CUSIP: 34153QWP7<br>LEI: 5493004G5XFOOUT0LQ57 | Long             | DBT              | MUN               | US        |     30000 | PA      | $30895.82     | 0.03%             | 2027-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Manatee County School District                                                   | Manatee County School District, Series 2023A                                                        | CUSIP: 56185NGH5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $27545.20     | 0.02%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Clark NV                                                               | County of Clark, Series 2017                                                                        | CUSIP: 180848SQ7<br>LEI: 549300LDD8NZB2EOVG83 | Long             | DBT              | MUN               | US        |    150000 | PA      | $154405.97    | 0.14%             | 2028-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Washington                                                              | State of Washington, Series 2017D                                                                   | CUSIP: 93974DF45<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |     40000 | PA      | $40720.87     | 0.04%             | 2033-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Connecticut State Health & Educational Facilities Authority                      | Connecticut State Health & Educational Facilities Authority, Series O                               | CUSIP: 20775DC75<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |     80000 | PA      | $87801.23     | 0.08%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Clark County School District                                                     | Clark County School District, Series 2020B                                                          | CUSIP: 181059R99<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     55000 | PA      | $59584.20     | 0.05%             | 2031-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of Houston                                                            | University of Houston, Series 2020A                                                                 | CUSIP: 914302FX7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     95000 | PA      | $96998.90     | 0.09%             | 2027-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power Water System Revenue                     | Los Angeles Department of Water & Power, Series 2023A                                               | CUSIP: 544525R83<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     35000 | PA      | $38792.17     | 0.03%             | 2034-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Adams & Arapahoe Counties Joint School District 28J Aurora                       | Adams & Arapahoe Counties Joint School District 28J Aurora, Series 2025                             | CUSIP: 0054824K7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $35764.52     | 0.03%             | 2035-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| State of West Virginia                                                           | State of West Virginia, Series 2019A                                                                | CUSIP: 956553F22<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     70000 | PA      | $74388.37     | 0.07%             | 2028-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Central Florida Expressway Authority                                             | Central Florida Expressway Authority, Series 2021D                                                  | CUSIP: 153476HF6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $27680.03     | 0.02%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Dallas Fort Worth International Airport                                          | Dallas Fort Worth International Airport, Series 2020B                                               | CUSIP: 2350365T3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $152159.28    | 0.13%             | 2026-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Pennsylvania                                                     | Commonwealth of Pennsylvania, Series 2022-1                                                         | CUSIP: 70914PY48<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     45000 | PA      | $50458.52     | 0.04%             | 2032-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Board of Regents of the University of Texas System                               | Board of Regents of the University of Texas System, Series 2025A                                    | CUSIP: 91514AMT9<br>LEI: TEHUYFNKZR6XVWLGEU86 | Long             | DBT              | MUN               | US        |     65000 | PA      | $67165.38     | 0.06%             | 2027-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Intermountain Power Agency                                                       | Intermountain Power Agency, Series 2023A                                                            | CUSIP: 45884AF57<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $32111.62     | 0.03%             | 2039-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Florida Department of Transportation                                    | State of Florida, Series 2019A                                                                      | CUSIP: 34160DAJ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    120000 | PA      | $126407.15    | 0.11%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | New York State Dormitory Authority, Series 2019A                                                    | CUSIP: 64990FKR4<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |     15000 | PA      | $15867.71     | 0.01%             | 2034-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lower Colorado River Authority                                                   | Lower Colorado River Authority, Series 2022                                                         | CUSIP: 54811BYL9<br>LEI: 549300QJFPW2NNBYR215 | Long             | DBT              | MUN               | US        |     95000 | PA      | $101637.72    | 0.09%             | 2036-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Mississippi                                                             | State of Mississippi, Series 2016B                                                                  | CUSIP: 605581HR1<br>LEI: 549300JRWW5RFQUB7P94 | Long             | DBT              | MUN               | US        |     50000 | PA      | $50802.98     | 0.04%             | 2028-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Palm Beach County School District                                                | Palm Beach County School District, Series 2022B                                                     | CUSIP: 696550K27<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     35000 | PA      | $38512.40     | 0.03%             | 2037-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| County of DeKalb GA Water & Sewerage Revenue                                     | County of DeKalb, Series 2022                                                                       | CUSIP: 240523ZS2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $27086.95     | 0.02%             | 2039-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Clark County School District                                                     | Clark County School District, Series 2017C                                                          | CUSIP: 181059YM2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $20663.33     | 0.02%             | 2032-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Delaware                                                                | State of Delaware, Series 2023A                                                                     | CUSIP: 246381SP3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $11177.74     | 0.01%             | 2036-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Washington                                                              | State of Washington, Series 2021A                                                                   | CUSIP: 93974EHY5<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |     30000 | PA      | $32702.15     | 0.03%             | 2032-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Intermountain Power Agency                                                       | Intermountain Power Agency, Series 2023A                                                            | CUSIP: 45884AE66<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $83485.30     | 0.07%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Delaware                                                                | State of Delaware, Series 2025                                                                      | CUSIP: 246381UU9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     45000 | PA      | $50771.87     | 0.04%             | 2038-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| St Louis Community College District                                              | St. Louis Community College District, Series 2024                                                   | CUSIP: 85234LAV4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $33513.18     | 0.03%             | 2033-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lower Colorado River Authority                                                   | Lower Colorado River Authority, Series 2021                                                         | CUSIP: 54811BWK3<br>LEI: 549300QJFPW2NNBYR215 | Long             | DBT              | MUN               | US        |     50000 | PA      | $53835.95     | 0.05%             | 2031-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Water Development Board                                                    | Texas Water Development Board, Series 2018B                                                         | CUSIP: 882854N57<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     40000 | PA      | $42371.26     | 0.04%             | 2029-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Conroe Independent School District                                               | Conroe Independent School District, Series 2025                                                     | CUSIP: 2084185E9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     45000 | PA      | $49681.67     | 0.04%             | 2039-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Gainesville FL Utilities System Revenue                                  | City of Gainesville, Series 2017A                                                                   | CUSIP: 362848UD3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     65000 | PA      | $67022.37     | 0.06%             | 2031-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                        | New Jersey Economic Development Authority, Series 2022A                                             | CUSIP: 64577XDR4<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |     35000 | PA      | $38743.93     | 0.03%             | 2031-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North East Independent School District/TX                                        | North East Independent School District, Series 2025                                                 | CUSIP: 659155QN8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $25820.16     | 0.02%             | 2027-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Hamilton TN                                                            | County of Hamilton, Series 2018A                                                                    | CUSIP: 4073246N7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    105000 | PA      | $110154.00    | 0.10%             | 2028-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan State Building Authority                                                | Michigan State Building Authority, Series 2016I                                                     | CUSIP: 594615FM3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     65000 | PA      | $65743.67     | 0.06%             | 2031-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Turnpike Authority                                                    | New Jersey Turnpike Authority, Series 2017G                                                         | CUSIP: 646140CP6<br>LEI: 5493005YN67D71KSMI84 | Long             | DBT              | MUN               | US        |     60000 | PA      | $61830.55     | 0.05%             | 2035-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | New York State Dormitory Authority, Series 2018A                                                    | CUSIP: 64990GBD3<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |     65000 | PA      | $65761.76     | 0.06%             | 2032-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Minnesota                                                               | State of Minnesota, Series 2025D                                                                    | CUSIP: 60412A2S1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $56948.60     | 0.05%             | 2034-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue          | New York City Transitional Finance Authority, Series 2018C2                                         | CUSIP: 64971XDL9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $30982.35     | 0.03%             | 2037-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Municipal Electric Authority of Georgia                                          | Municipal Electric Authority of Georgia, Series 2024                                                | CUSIP: 62620HJQ6<br>LEI: JA0WNILDDF2KUPS83B16 | Long             | DBT              | MUN               | US        |     10000 | PA      | $10973.02     | 0.01%             | 2037-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kentucky State Property & Building Commission                                    | Kentucky State Property & Building Commission, Series 2024A                                         | CUSIP: 49151F2L3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $28279.27     | 0.03%             | 2034-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | New York State Dormitory Authority, Series 2021E                                                    | CUSIP: 64990KFV0<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |     15000 | PA      | $14897.58     | 0.01%             | 2040-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                                   | Black Belt Energy Gas District, Series 2024D                                                        | CUSIP: 09182TEH6<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |     25000 | PA      | $26327.98     | 0.02%             | 2030-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port of Seattle WA                                                               | Port of Seattle, Series 2024A                                                                       | CUSIP: 735389X94<br>LEI: 549300T9UCDUJ3GZL429 | Long             | DBT              | MUN               | US        |     55000 | PA      | $57539.30     | 0.05%             | 2028-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia                                                             | District of Columbia, Series 2017D                                                                  | CUSIP: 25476FVB1<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |     85000 | PA      | $87101.03     | 0.08%             | 2031-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Delaware Transportation Authority                                                | Delaware Transportation Authority, Series 2020                                                      | CUSIP: 246419BR5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    120000 | PA      | $130534.40    | 0.12%             | 2031-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Trinity River Authority Central Regional Wastewater System Revenue               | Trinity River Authority Central Regional Wastewater System, Series 2018                             | CUSIP: 89658HVY3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     45000 | PA      | $47424.92     | 0.04%             | 2028-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                       | City of Los Angeles, Series 2021B                                                                   | CUSIP: 544445TL3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     35000 | PA      | $38635.59     | 0.03%             | 2036-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Ohio                                                                    | State of Ohio, Series 2023A                                                                         | CUSIP: 677523GS5<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |     35000 | PA      | $39327.33     | 0.03%             | 2035-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Louisiana                                                               | State of Louisiana, Series 2024C                                                                    | CUSIP: 546417JP2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $22759.17     | 0.02%             | 2033-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | State of Illinois, Series 2023B                                                                     | CUSIP: 452153HJ1<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |     65000 | PA      | $68797.82     | 0.06%             | 2038-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Miami-Dade FL Water & Sewer System Revenue                             | County of Miami-Dade, Series 2021                                                                   | CUSIP: 59334DLZ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $32863.13     | 0.03%             | 2030-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Palm Beach County School District                                                | Palm Beach County School District, Series 2022B                                                     | CUSIP: 696550J94<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $165753.75    | 0.15%             | 2036-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New Jersey Educational Facilities Authority                                      | New Jersey Educational Facilities Authority, Series A2                                              | CUSIP: 646067KE7<br>LEI: 549300UTOO4X537XXG70 | Long             | DBT              | MUN               | US        |     25000 | PA      | $28802.02     | 0.03%             | 2064-07-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Denton TX Utility System Revenue                                         | City of Denton, Series 2017                                                                         | CUSIP: 249015C63<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     35000 | PA      | $35481.96     | 0.03%             | 2032-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Cypress-Fairbanks Independent School District                                    | Cypress-Fairbanks Independent School District, Series 2022                                          | CUSIP: 232769KQ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     70000 | PA      | $76649.46     | 0.07%             | 2035-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port Authority of Houston of Harris County Texas                                 | Port Authority of Houston of Harris County Texas, Series 2020A2                                     | CUSIP: 7342606E7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10362.08     | 0.01%             | 2027-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Antonio Water System                                                         | San Antonio Water System, Series 2020A                                                              | CUSIP: 79642GHC9<br>LEI: 549300S7VENCVRZAA322 | Long             | DBT              | MUN               | US        |    140000 | PA      | $146884.91    | 0.13%             | 2028-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Nashville Airport Authority (The)                                   | Metropolitan Nashville Airport Authority (The), Series 2026A                                        | CUSIP: 592190RQ7<br>LEI: 549300IC0HNF8TDXEE63 | Long             | DBT              | MUN               | US        |     25000 | PA      | $27721.32     | 0.02%             | 2039-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Miami-Dade FL Water & Sewer System Revenue                             | County of Miami-Dade, Series 2021                                                                   | CUSIP: 59334DMK7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    125000 | PA      | $108072.11    | 0.10%             | 2040-10-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Truckee Meadows Water Authority                                                  | Truckee Meadows Water Authority, Series 2016                                                        | CUSIP: 897825GQ2<br>LEI: 549300GC367BYY1WT202 | Long             | DBT              | MUN               | US        |     25000 | PA      | $25149.62     | 0.02%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                          | Los Angeles Department of Water & Power, Series 2020B                                               | CUSIP: 544532BK9<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |     85000 | PA      | $89134.72     | 0.08%             | 2039-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Central Valley Energy Authority                                                  | Central Valley Energy Authority, Series 2026                                                        | CUSIP: 15569DAG7<br>LEI: 254900G5IPQ9MA3FRJ55 | Long             | DBT              | MUN               | US        |    175000 | PA      | $184073.42    | 0.16%             | 2034-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Alaska International Airports System                                    | State of Alaska, Series 2025B                                                                       | CUSIP: 011842VN8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     40000 | PA      | $44653.86     | 0.04%             | 2035-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Clark Department of Aviation                                           | County of Clark, Series 2019D                                                                       | CUSIP: 18085PSJ4<br>LEI: 549300LDD8NZB2EOVG83 | Long             | DBT              | MUN               | US        |     45000 | PA      | $47979.75     | 0.04%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Hawaii                                                                  | State of Hawaii, Series FG                                                                          | CUSIP: 419792LK0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $25313.35     | 0.02%             | 2028-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Carolina Turnpike Authority                                                | North Carolina Turnpike Authority, Series 2018A                                                     | CUSIP: 65830VAA8<br>LEI: 549300FCT1PN0GJGQ240 | Long             | DBT              | MUN               | US        |     80000 | PA      | $81339.44     | 0.07%             | 2033-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Tallahassee FL Energy System Revenue                                     | City of Tallahassee, Series 2025                                                                    | CUSIP: 874476MG6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $56317.07     | 0.05%             | 2032-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Department of Transportation                                           | Wisconsin Department of Transportation, Series 2023I                                                | CUSIP: 9771233L0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    145000 | PA      | $162961.57    | 0.14%             | 2034-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | State of Illinois, Series 2016                                                                      | CUSIP: 452152G96<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |     90000 | PA      | $91477.87     | 0.08%             | 2028-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Las Vegas Valley Water District                                                  | Las Vegas Valley Water District, Series 2021A                                                       | CUSIP: 517845LG6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $32773.03     | 0.03%             | 2030-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Florida                                                                 | Florida State of Education, Series 2019C                                                            | CUSIP: 34153QRJ7<br>LEI: 5493004G5XFOOUT0LQ57 | Long             | DBT              | MUN               | US        |     75000 | PA      | $80204.30     | 0.07%             | 2031-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois Sales Tax Revenue                                              | State of Illinois, Series 2016C                                                                     | CUSIP: 452227KS9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     45000 | PA      | $45062.57     | 0.04%             | 2031-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                             | Triborough Bridge & Tunnel Authority, Series 2021C-1A                                               | CUSIP: 89602HBB2<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |     20000 | PA      | $21309.41     | 0.02%             | 2040-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maryland State Transportation Authority                                          | Maryland State Transportation Authority, Series 2024A                                               | CUSIP: 574300PD5<br>LEI: 254900MKNK0MO0Z4X426 | Long             | DBT              | MUN               | US        |     30000 | PA      | $31622.02     | 0.03%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Dane WI                                                                | County of Dane, Series 2024A                                                                        | CUSIP: 236092NZ1<br>LEI: 5493000I57K3U1SCHU17 | Long             | DBT              | MUN               | US        |     15000 | PA      | $15037.62     | 0.01%             | 2026-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                   | New Jersey Transportation Trust Fund Authority, Series 2018A                                        | CUSIP: 6461364C2<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |     25000 | PA      | $25584.29     | 0.02%             | 2031-12-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Mississippi Development Bank                                                     | Mississippi Development Bank, Series A                                                              | CUSIP: 60534WCA4<br>LEI: 549300122LOI8CB50V38 | Long             | DBT              | MUN               | US        |     10000 | PA      | $10295.97     | 0.01%             | 2027-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | New York State Dormitory Authority, Series 2016A                                                    | CUSIP: 64990E3G0<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |     65000 | PA      | $65506.63     | 0.06%             | 2034-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Water Development Board                                                    | Texas Water Development Board, Series 2018A                                                         | CUSIP: 882854H62<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $104308.12    | 0.09%             | 2031-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Georgia                                                                 | State of Georgia, Series 2019A                                                                      | CUSIP: 373385ED1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     35000 | PA      | $37686.42     | 0.03%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pflugerville Independent School District                                         | Pflugerville Independent School District, Series 2023A                                              | CUSIP: 717096DD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     45000 | PA      | $49421.31     | 0.04%             | 2034-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maryland State Transportation Authority                                          | Maryland State Transportation Authority, Series 2020                                                | CUSIP: 574300ME6<br>LEI: 254900MKNK0MO0Z4X426 | Long             | DBT              | MUN               | US        |     80000 | PA      | $86412.26     | 0.08%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Dallas Fort Worth International Airport                                          | Dallas Fort Worth International Airport, Series 2020A                                               | CUSIP: 2350365F3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     15000 | PA      | $16389.82     | 0.01%             | 2030-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | Indiana Finance Authority, Series 2023A                                                             | CUSIP: 45505MNS1<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |     25000 | PA      | $27841.77     | 0.02%             | 2035-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | Indiana Finance Authority, Series 2018A                                                             | CUSIP: 45506DR72<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |     75000 | PA      | $77866.76     | 0.07%             | 2032-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | New York State Dormitory Authority, Series 2023A                                                    | CUSIP: 65000BYU6<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |    100000 | PA      | $107917.76    | 0.10%             | 2037-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Dallas TX                                                                | City of Dallas, Series 2024B                                                                        | CUSIP: 235219YB2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     40000 | PA      | $42602.74     | 0.04%             | 2029-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Galveston Independent School District                                            | Galveston Independent School District, Series 2022                                                  | CUSIP: 364496QG7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     60000 | PA      | $63914.92     | 0.06%             | 2035-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue          | New York City Transitional Finance Authority, Series 2026B                                          | CUSIP: 64972JXF0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $11010.55     | 0.01%             | 2039-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | Indiana Finance Authority, Series 2023B                                                             | CUSIP: 45506EKD4<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |     20000 | PA      | $22225.97     | 0.02%             | 2036-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California State Public Works Board                                              | California State Public Works Board, Series 2024A                                                   | CUSIP: 13068XKW8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     35000 | PA      | $39056.66     | 0.03%             | 2037-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| School District of Philadelphia (The)                                            | School District of Philadelphia (The), Series 2016F                                                 | CUSIP: 717883TJ1<br>LEI: 254900HSKDHZKBZCUL90 | Long             | DBT              | MUN               | US        |     35000 | PA      | $35288.40     | 0.03%             | 2033-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Atlanta GA Water & Wastewater Revenue                                    | City of Atlanta, Series 2017A                                                                       | CUSIP: 047870NT3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     40000 | PA      | $41561.11     | 0.04%             | 2031-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Maryland Department of Transportation                                   | State of Maryland, Series 2020                                                                      | CUSIP: 574204Q48<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $27236.90     | 0.02%             | 2032-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | Indiana Finance Authority, Series 2022A                                                             | CUSIP: 45506EEZ2<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |     60000 | PA      | $65759.21     | 0.06%             | 2031-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lower Colorado River Authority                                                   | Lower Colorado River Authority, Series 2024                                                         | CUSIP: 54811GP38<br>LEI: 549300QJFPW2NNBYR215 | Long             | DBT              | MUN               | US        |     40000 | PA      | $42944.22     | 0.04%             | 2039-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Water Development Board                                                    | Texas Water Development Board, Series 2020                                                          | CUSIP: 8828542Y7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $103320.68    | 0.09%             | 2027-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lower Colorado River Authority                                                   | Lower Colorado River Authority, Series 2023A                                                        | CUSIP: 54811BF63<br>LEI: 549300QJFPW2NNBYR215 | Long             | DBT              | MUN               | US        |     40000 | PA      | $43280.20     | 0.04%             | 2030-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Jacksonville FL                                                          | City of Jacksonville, Series 2025                                                                   | CUSIP: 469487WJ7<br>LEI: 549300XQE0JVN9WV0J40 | Long             | DBT              | MUN               | US        |    110000 | PA      | $116312.52    | 0.10%             | 2028-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | State of Illinois, Series 2016                                                                      | CUSIP: 452152B67<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |     55000 | PA      | $54374.53     | 0.05%             | 2037-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York State Environmental Facilities Corp.                                    | New York State Environmental Facilities Corp., Series 2024A                                         | CUSIP: 64986DNY7<br>LEI: 549300QJ33JJW73OQO60 | Long             | DBT              | MUN               | US        |     30000 | PA      | $33783.90     | 0.03%             | 2037-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Houston TX Combined Utility System Revenue                               | City of Houston, Series 2016B                                                                       | CUSIP: 44244CGM3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     90000 | PA      | $91293.90     | 0.08%             | 2029-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Boulder Larimer & Weld Counties St Vrain Valley School District Re1J             | Boulder Larimer & Weld Counties, Series 2024                                                        | CUSIP: 101565K99<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $26066.13     | 0.02%             | 2027-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Alabama Federal Aid Highway Finance Authority                                    | Alabama Federal Aid Highway Finance Authority, Series 2025A                                         | CUSIP: 010268DH0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     35000 | PA      | $40033.74     | 0.04%             | 2035-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Seattle WA Municipal Light & Power Revenue                               | City of Seattle, Series 2017C                                                                       | CUSIP: 812643PV0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    120000 | PA      | $123847.10    | 0.11%             | 2030-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| JEA Water & Sewer System Revenue                                                 | JEA Water & Sewer System, Series 2025A                                                              | CUSIP: 46615SGC6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     15000 | PA      | $16502.34     | 0.01%             | 2040-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kentucky State Property & Building Commission                                    | Kentucky State Property & Building Commission, Series A                                             | CUSIP: 49151F6B1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     35000 | PA      | $38713.35     | 0.03%             | 2031-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Utah Transit Authority                                                           | Utah State Transit Authority                                                                        | CUSIP: 917567CC1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $75023.76     | 0.07%             | 2027-12-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia                                                             | District of Columbia, Series 2021E                                                                  | CUSIP: 25476FZE1<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |     75000 | PA      | $81488.73     | 0.07%             | 2034-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Tennessee                                                               | State of Tennessee, Series 2023A                                                                    | CUSIP: 880541H34<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $32191.31     | 0.03%             | 2029-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                                 | Pennsylvania Turnpike Commission, Series B1                                                         | CUSIP: 709224WP0<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |    100000 | PA      | $101816.33    | 0.09%             | 2037-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Louisiana                                                               | State of Louisiana, Series 2023A                                                                    | CUSIP: 546417GS9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $11057.87     | 0.01%             | 2031-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Michigan Trunk Line Revenue                                             | State of Michigan, Series 2021A                                                                     | CUSIP: 5946952P2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     55000 | PA      | $60966.30     | 0.05%             | 2032-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | State of Illinois, Series 2022C                                                                     | CUSIP: 452153EJ4<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |    155000 | PA      | $163261.53    | 0.14%             | 2038-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kansas Development Finance Authority                                             | Kansas Development Finance Authority, Series 2023SRF                                                | CUSIP: 48542RXB5<br>LEI: 549300WTL7BL8KBDPR87 | Long             | DBT              | MUN               | US        |    145000 | PA      | $162962.14    | 0.14%             | 2034-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Phoenix Civic Improvement Corp.                                          | City of Phoenix Civic Improvement Corp., Series 2024                                                | CUSIP: 71884AP29<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $33247.26     | 0.03%             | 2039-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Massachusetts                                                    | Commonwealth of Massachusetts, Series 2020B                                                         | CUSIP: 57582RF50<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |     30000 | PA      | $32556.92     | 0.03%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Miami-Dade County Educational Facilities Authority                               | Miami-Dade County Educational Facilities Authority, Series B                                        | CUSIP: 59333AGS4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $26671.13     | 0.02%             | 2029-04-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | New York State Dormitory Authority, Series 2019A                                                    | CUSIP: 64990GJL7<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |     60000 | PA      | $63614.57     | 0.06%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                  | California Community Choice Financing Authority, Series 2024F                                       | CUSIP: 13013JFR2<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |    165000 | PA      | $177346.13    | 0.16%             | 2055-02-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Virginia Public Building Authority                                               | Virginia Public Building Authority, Series 2020A                                                    | CUSIP: 9281725N1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     85000 | PA      | $91683.70     | 0.08%             | 2034-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ohio Higher Educational Facility Commission                                      | Ohio Higher Educational Facility Commission, Series 2016                                            | CUSIP: 67756DJV9<br>LEI: 5493007MQT6NGNN6BR81 | Long             | DBT              | MUN               | US        |     25000 | PA      | $24311.66     | 0.02%             | 2034-12-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Central Florida Expressway Authority                                             | Central Florida Expressway Authority, Series 2017                                                   | CUSIP: 153476CQ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     40000 | PA      | $41230.78     | 0.04%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of San Antonio TX                                                           | City of San Antonio, Series 2019                                                                    | CUSIP: 79623PCX1<br>LEI: 549300S7VENCVRZAA322 | Long             | DBT              | MUN               | US        |     10000 | PA      | $10694.70     | 0.01%             | 2030-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Long Beach Bond Finance Authority                                                | Long Beach Bond Finance Authority, Series 2007A                                                     | CUSIP: 54241AAY9<br>LEI: 549300BKBZ5U7OZH3S21 | Long             | DBT              | MUN               | US        |    100000 | PA      | $109070.78    | 0.10%             | 2035-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Trinity River Authority Central Regional Wastewater System Revenue               | Trinity River Authority Central Regional Wastewater System, Series 2017                             | CUSIP: 89658HUZ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $20658.79     | 0.02%             | 2027-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Georgia State Road & Tollway Authority                                           | Georgia State Road & Tollway Authority, Series 2020                                                 | CUSIP: 37358MEH0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     15000 | PA      | $15064.14     | 0.01%             | 2026-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Tallahassee FL Utility System Revenue                                    | City of Tallahassee, Series 2024A                                                                   | CUSIP: 874461MC7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $28646.99     | 0.03%             | 2034-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Iowa Finance Authority                                                           | Iowa Finance Authority, Series 2021A                                                                | CUSIP: 46247SAQ7<br>LEI: 549300NQVL49BTHOW391 | Long             | DBT              | MUN               | US        |    105000 | PA      | $114074.84    | 0.10%             | 2036-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Department of Transportation                                           | State of Wisconsin, Series 2025-1                                                                   | CUSIP: 9771234Y1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $30939.23     | 0.03%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lee County School Board (The)                                                    | Lee County School Board (The), Series 2025A                                                         | CUSIP: 523494RW4<br>LEI: 54930014H67DITNA1Q29 | Long             | DBT              | MUN               | US        |     75000 | PA      | $82524.78     | 0.07%             | 2039-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| School District of Broward County/FL                                             | School District of Broward County, Series 2020A                                                     | CUSIP: 115065C44<br>LEI: 5493006KVNQDJ1D0OD92 | Long             | DBT              | MUN               | US        |     10000 | PA      | $10709.47     | 0.01%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Virginia College Building Authority                                              | Virginia College Building Authority, Series 2021A                                                   | CUSIP: 92778VKX5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $25876.94     | 0.02%             | 2033-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| South Carolina Transportation Infrastructure Bank                                | South Carolina Transportation Infrastructure Bank, Series 2021B                                     | CUSIP: 837152VX2<br>LEI: 549300YI1NMCP4VLJN43 | Long             | DBT              | MUN               | US        |     75000 | PA      | $75951.21     | 0.07%             | 2026-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Clark County School District                                                     | Clark County School District, Series 2019B                                                          | CUSIP: 181059J64<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    170000 | PA      | $180951.25    | 0.16%             | 2031-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Dallas Independent School District                                               | Dallas Independent School District, Series 2025C                                                    | CUSIP: 235308U43<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     55000 | PA      | $56210.58     | 0.05%             | 2027-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Shelby TN                                                              | County of Shelby, Series 2025A                                                                      | CUSIP: 8216863H3<br>LEI: 5493000UVZ1EF2SIPO10 | Long             | DBT              | MUN               | US        |     10000 | PA      | $11038.68     | 0.01%             | 2031-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Michigan Trunk Line Revenue                                             | State of Michigan, Series 2020B                                                                     | CUSIP: 594695Z35<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     15000 | PA      | $16501.48     | 0.01%             | 2030-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Public Finance Authority                                                   | Texas Public Finance Authority, Series 2019                                                         | CUSIP: 882669BC7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     60000 | PA      | $62710.01     | 0.06%             | 2028-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Maryland Department of Transportation                                   | State of Maryland, Series 2018                                                                      | CUSIP: 574204L68<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     45000 | PA      | $45566.23     | 0.04%             | 2026-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                                 | Pennsylvania Turnpike Commission, Series 2021B                                                      | CUSIP: 709225CS3<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |     20000 | PA      | $21749.49     | 0.02%             | 2034-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Clark NV Passenger Facility Charge Revenue                             | County of Clark, Series 2019E                                                                       | CUSIP: 181006HL4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     55000 | PA      | $56631.80     | 0.05%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Santa Clara CA                                                         | County of Santa Clara, Series 2017C                                                                 | CUSIP: 801546QR6<br>LEI: 254900JSVO2QQ5A3DV83 | Long             | DBT              | MUN               | US        |     20000 | PA      | $18282.12     | 0.02%             | 2039-08-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                          | Los Angeles Department of Water & Power, Series 2019A                                               | CUSIP: 5444956M1<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |    160000 | PA      | $166931.42    | 0.15%             | 2034-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Maine                                                                   | State of Maine, Series 2020B                                                                        | CUSIP: 56052AE28<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $25103.09     | 0.02%             | 2026-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Ohio                                                                    | State of Ohio, Series 2021A                                                                         | CUSIP: 6775227K4<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |     10000 | PA      | $11046.31     | 0.01%             | 2032-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of New Hampshire                                                           | State of New Hampshire, Series 2025B                                                                | CUSIP: 64468FCX3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     65000 | PA      | $65955.06     | 0.06%             | 2026-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                              | City of New York, Series 2018C                                                                      | CUSIP: 64966MSX8<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |     60000 | PA      | $62465.11     | 0.06%             | 2029-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Alaska                                                                  | State of Alaska, Series 2024A                                                                       | CUSIP: 0117705L4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     45000 | PA      | $48410.64     | 0.04%             | 2029-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Philadelphia Authority for Industrial Development                                | Philadelphia Authority for Industrial Development, Series 2019                                      | CUSIP: 71781QFE3<br>LEI: 549300DIY68KQZEW7M79 | Long             | DBT              | MUN               | US        |     20000 | PA      | $21802.53     | 0.02%             | 2030-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maryland State Transportation Authority                                          | Maryland State Transportation Authority, Series 2020                                                | CUSIP: 574300MB2<br>LEI: 254900MKNK0MO0Z4X426 | Long             | DBT              | MUN               | US        |     20000 | PA      | $21867.55     | 0.02%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                          | Los Angeles Department of Water & Power, Series 2018A                                               | CUSIP: 5444954J0<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |     45000 | PA      | $46552.58     | 0.04%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Omaha Public Power District                                                      | Omaha Public Power District, Series 2024B                                                           | CUSIP: 682001MF6<br>LEI: 54930000VJEJ9CGIYG32 | Long             | DBT              | MUN               | US        |     10000 | PA      | $10903.03     | 0.01%             | 2039-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Las Vegas Valley Water District                                                  | Las Vegas Valley Water District, Series 2021C                                                       | CUSIP: 517845ME0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $107347.65    | 0.10%             | 2029-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Merrillville Multi School Building Corp.                                         | Merrillville Multi School Building Corp., Series 2022                                               | CUSIP: 590252QW5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    110000 | PA      | $118814.56    | 0.11%             | 2037-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Florida                                                                 | State of Florida, Series 2021B                                                                      | CUSIP: 34115PBD6<br>LEI: 5493004G5XFOOUT0LQ57 | Long             | DBT              | MUN               | US        |     55000 | PA      | $59182.28     | 0.05%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pierce County School District No. 3 Puyallup                                     | Pierce County School District No. 3, Series 2017                                                    | CUSIP: 720390ZN6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    145000 | PA      | $149005.15    | 0.13%             | 2032-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia                                                             | District of Columbia, Series 2017D                                                                  | CUSIP: 25476FUZ9<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |     30000 | PA      | $30806.47     | 0.03%             | 2029-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Clark NV                                                               | County of Clark, Series 2016B                                                                       | CUSIP: 180848SB0<br>LEI: 549300LDD8NZB2EOVG83 | Long             | DBT              | MUN               | US        |     55000 | PA      | $55811.91     | 0.05%             | 2030-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                   | New Jersey Transportation Trust Fund Authority, Series 2024CC                                       | CUSIP: 64613CFW3<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |     30000 | PA      | $33897.33     | 0.03%             | 2035-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Denton TX                                                                | City of Denton, Series 2024                                                                         | CUSIP: 248867GW7<br>LEI: 549300UWEY8IKYK09T27 | Long             | DBT              | MUN               | US        |     50000 | PA      | $54410.24     | 0.05%             | 2039-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | Indiana Finance Authority, Series 2024B                                                             | CUSIP: 45506ELE1<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |     25000 | PA      | $27539.43     | 0.02%             | 2039-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Oklahoma Turnpike Authority                                                      | Oklahoma State Turnpike Authority, Series 2020A                                                     | CUSIP: 679111A87<br>LEI: 549300J83EP2PBDYH615 | Long             | DBT              | MUN               | US        |     80000 | PA      | $81480.34     | 0.07%             | 2027-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Utah Transit Authority                                                           | Utah State Transit Authority, Series 2006C                                                          | CUSIP: 917565EU3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     85000 | PA      | $93785.70     | 0.08%             | 2032-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| University of California                                                         | University of California, Series 2025CD                                                             | CUSIP: 91412HWJ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    155000 | PA      | $172780.69    | 0.15%             | 2040-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Florida Department of Transportation                                    | State of Florida, Series 2020                                                                       | CUSIP: 34160KBA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10900.16     | 0.01%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington Metropolitan Area Transit Authority                                   | Washington Metropolitan Area Transit Authority, Series 2017B                                        | CUSIP: 938782FK0<br>LEI: 549300ADKOK76HQMJS30 | Long             | DBT              | MUN               | US        |     75000 | PA      | $76950.75     | 0.07%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pierce County School District No. 403 Bethel                                     | Pierce County School District No. 403, Series 2019                                                  | CUSIP: 720611YC0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $31947.63     | 0.03%             | 2032-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Travis TX                                                              | County of Travis, Series 2019A                                                                      | CUSIP: 89453PH44<br>LEI: 549300HEC6MNL5465K30 | Long             | DBT              | MUN               | US        |     25000 | PA      | $26393.31     | 0.02%             | 2032-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                             | Triborough Bridge & Tunnel Authority, Series 2023B                                                  | CUSIP: 89602HFS1<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |     40000 | PA      | $42335.98     | 0.04%             | 2028-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago O'Hare International Airport                                             | Chicago O'Hare International Airport, Series B                                                      | CUSIP: 167593A77<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     65000 | PA      | $65702.21     | 0.06%             | 2038-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Central Puget Sound Regional Transit Authority                                   | Central Puget Sound Regional Transit Authority, Series 2016S1                                       | CUSIP: 155048DD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $152109.17    | 0.13%             | 2031-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pierce County School District No. 403 Bethel                                     | Pierce County School District .No 403, Series 2019                                                  | CUSIP: 720611YF3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     80000 | PA      | $84443.57     | 0.07%             | 2035-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission Registration Fee Revenue                        | Pennsylvania Turnpike Commission, Series 2005A                                                      | CUSIP: 709222EN9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10771.14     | 0.01%             | 2029-07-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Harris County Flood Control District                                             | Harris County Flood Control District, Series 2017A                                                  | CUSIP: 4140186X4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $25641.82     | 0.02%             | 2034-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kentucky State Property & Building Commission                                    | Kentucky State Property & Buildings Commission, Series A                                            | CUSIP: 49151F3U2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $27308.40     | 0.02%             | 2030-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Delaware Valley Regional Finance Authority                                       | Delaware Valley Regional Financing Authority, Series 1998A                                          | CUSIP: 246579ER3<br>LEI: 549300HGYP3NW885TT18 | Long             | DBT              | MUN               | US        |     60000 | PA      | $63554.32     | 0.06%             | 2028-08-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Plano Independent School District                                                | Plano Independent School District, Series 2023                                                      | CUSIP: 727199B91<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     70000 | PA      | $77407.10     | 0.07%             | 2034-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Washington                                                              | State of Washington, Series 2020A                                                                   | CUSIP: 93974EAM8<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |     35000 | PA      | $37246.04     | 0.03%             | 2034-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| King County School District No. 401 Highline                                     | King County School District No. 401, Series 2017                                                    | CUSIP: 495033EL2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $30491.30     | 0.03%             | 2031-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Hamilton TN                                                            | County of Hamilton, Series 2018A                                                                    | CUSIP: 4073246R8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     95000 | PA      | $99185.54     | 0.09%             | 2031-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indianapolis Local Public Improvement Bond Bank                                  | Indianapolis Local Public Improvement Bond Bank, Series 2021A                                       | CUSIP: 45528US93<br>LEI: 549300LX8ESJHDSESB87 | Long             | DBT              | MUN               | US        |     70000 | PA      | $75872.62     | 0.07%             | 2035-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Johnson County Unified School District No. 233 Olathe                            | Johnson County Unified School District No. 233, Series 2022A                                        | CUSIP: 4787182B4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $109514.66    | 0.10%             | 2034-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Great Lakes Water Authority Water Supply System Revenue                          | Great Lakes Water Authority, Series 2024A                                                           | CUSIP: 39081JGW2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     55000 | PA      | $59950.85     | 0.05%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago O'Hare International Airport                                             | Chicago O'Hare International Airport, Series 2018B                                                  | CUSIP: 167593L91<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10409.78     | 0.01%             | 2037-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Louisiana                                                               | State of Louisiana, Series 2025B                                                                    | CUSIP: 546417KZ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $57177.67     | 0.05%             | 2035-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Chandler AZ                                                              | City of Chandler, Series 2026                                                                       | CUSIP: 158843ZV7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    130000 | PA      | $147472.90    | 0.13%             | 2038-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Oregon State Lottery                                                             | Oregon State Lottery, Series A                                                                      | CUSIP: 68607VU78<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     35000 | PA      | $35687.18     | 0.03%             | 2034-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Virginia College Building Authority                                              | Virginia College Building Authority, Series 2023A                                                   | CUSIP: 92778VMV7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     15000 | PA      | $16424.93     | 0.01%             | 2037-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Palm Beach County School District                                                | Palm Beach County School District, Series 2022B                                                     | CUSIP: 696550J52<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $20642.52     | 0.02%             | 2027-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Carolina Public Service Authority                                          | South Carolina Public Service Authority, Series 2016A                                               | CUSIP: 83715BCR6<br>LEI: EMBXY64GWKA9MZGFUD26 | Long             | DBT              | MUN               | US        |     15000 | PA      | $15061.01     | 0.01%             | 2038-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Round Rock Independent School District                                           | Round Rock Independent School District, Series 2019A                                                | CUSIP: 779240NP1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    160000 | PA      | $165313.09    | 0.15%             | 2027-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Empire State Development Corp.                                                   | Empire State Development Corp., Series 2016A                                                        | CUSIP: 650035U63<br>LEI: 54930039Y2EMGXN6LM88 | Long             | DBT              | MUN               | US        |     25000 | PA      | $25027.17     | 0.02%             | 2032-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                              | City of New York, Series 2024A                                                                      | CUSIP: 64966Q6F2<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |     30000 | PA      | $32090.72     | 0.03%             | 2040-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                          | Los Angeles Department of Water & Power, Series 2024A                                               | CUSIP: 544532JZ8<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |     55000 | PA      | $58423.46     | 0.05%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | New York State Dormitory Authority, Series 2021A                                                    | CUSIP: 64990FZN7<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |     10000 | PA      | $10876.71     | 0.01%             | 2034-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Austin Independent School District                                               | Austin Independent School District, Series 2019                                                     | CUSIP: 052430QC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     90000 | PA      | $94995.35     | 0.08%             | 2028-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Alamo Community College District                                                 | Alamo Community College District, Series 2025                                                       | CUSIP: 011415UK0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $50467.53     | 0.04%             | 2026-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Orange County Convention Center/Orlando                                          | Orange County Convention Center, Series 2017                                                        | CUSIP: 684545A89<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10348.46     | 0.01%             | 2027-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Washington                                                              | State of Washington, Series 2021A                                                                   | CUSIP: 93974EJA5<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |     40000 | PA      | $43154.45     | 0.04%             | 2034-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Miami-Dade County Educational Facilities Authority                               | Miami-Dade County Educational Facilities Authority, Series 2024A                                    | CUSIP: 59333ANQ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $27572.87     | 0.02%             | 2037-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                              | City of New York, Series 2025E                                                                      | CUSIP: 64966SJR8<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |     15000 | PA      | $16225.23     | 0.01%             | 2040-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Florida                                                                 | State of Florida, Series 2024A                                                                      | CUSIP: 34153QXK7<br>LEI: 5493004G5XFOOUT0LQ57 | Long             | DBT              | MUN               | US        |     30000 | PA      | $31585.77     | 0.03%             | 2028-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Maryland                                                                | State of Maryland, Series 2020A2                                                                    | CUSIP: 574193TE8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $32733.22     | 0.03%             | 2031-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago O'Hare International Airport                                             | Chicago O'Hare International Airport, Series 2017B                                                  | CUSIP: 167593A51<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $151846.59    | 0.13%             | 2036-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Pennsylvania                                                     | Commonwealth of Pennsylvania, Series 2024-1                                                         | CUSIP: 70914P4D1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $33018.92     | 0.03%             | 2039-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of California                                                              | State of California, Series 2019                                                                    | CUSIP: 13063DQH4<br>LEI: 9845007J7054602FF597 | Long             | DBT              | MUN               | US        |     35000 | PA      | $35457.74     | 0.03%             | 2026-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia Income Tax Revenue                                          | District of Columbia, Series 2022C                                                                  | CUSIP: 25477GVQ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     40000 | PA      | $44456.23     | 0.04%             | 2034-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue          | New York City Transitional Finance Authority, Series 2024B                                          | CUSIP: 64972JAP3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $27272.55     | 0.02%             | 2038-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Sales Tax Securitization Corp.                                                   | Sales Tax Securitization Corp., Series 2020A                                                        | CUSIP: 79467BCS2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     80000 | PA      | $81371.64     | 0.07%             | 2027-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago O'Hare International Airport                                             | Chicago O'Hare International Airport, Series C                                                      | CUSIP: 167593B27<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $25222.85     | 0.02%             | 2041-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Mecklenburg NC                                                         | County of Mecklenburg, Series 2017A                                                                 | CUSIP: 584002VT3<br>LEI: 5493006G3IC5PBHB7A65 | Long             | DBT              | MUN               | US        |     40000 | PA      | $36989.28     | 0.03%             | 2037-04-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                         | Massachusetts Development Finance Agency, Series 2025T2                                             | CUSIP: 57585BKT4<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |     65000 | PA      | $73472.48     | 0.07%             | 2055-10-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Louisiana                                                               | State of Louisiana, Series 2016A                                                                    | CUSIP: 5464153T5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     55000 | PA      | $55552.49     | 0.05%             | 2027-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Dallas Independent School District                                               | Dallas Independent School District, Series 2019B                                                    | CUSIP: 235308XX6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $32030.81     | 0.03%             | 2029-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Wisconsin                                                               | State of Wisconsin, Series 2023A                                                                    | CUSIP: 97705MZW8<br>LEI: 549300VTAT608CNZ5827 | Long             | DBT              | MUN               | US        |     80000 | PA      | $88341.83     | 0.08%             | 2035-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Florida                                                                 | State of Florida, Series 2021A                                                                      | CUSIP: 34115PAH8<br>LEI: 5493004G5XFOOUT0LQ57 | Long             | DBT              | MUN               | US        |     20000 | PA      | $21520.83     | 0.02%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia Water & Sewer Authority                                     | District of Columbia, Series 2024A                                                                  | CUSIP: 254845TR1<br>LEI: 549300OT2FIJQJ5PSH71 | Long             | DBT              | MUN               | US        |     85000 | PA      | $94443.59     | 0.08%             | 2031-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Florida Department of Transportation Turnpike System Revenue            | State of Florida, Series 2024A                                                                      | CUSIP: 343137RR8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     95000 | PA      | $105043.22    | 0.09%             | 2029-07-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Austin Independent School District                                               | Austin Independent School District, Series 2019                                                     | CUSIP: 052430QF5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $20969.49     | 0.02%             | 2031-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indianapolis Local Public Improvement Bond Bank                                  | Indianapolis Local Public Improvement Bond Bank, Series 2025C                                       | CUSIP: 45528VGY9<br>LEI: 549300LX8ESJHDSESB87 | Long             | DBT              | MUN               | US        |    105000 | PA      | $115393.18    | 0.10%             | 2039-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of Houston                                                            | University of Houston, Series 2022A                                                                 | CUSIP: 914302JV7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    105000 | PA      | $107209.32    | 0.09%             | 2027-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Gregory-Portland Independent School District/TX                                  | Gregory-Portland Independent School District, Series 2025                                           | CUSIP: 397586TF5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     40000 | PA      | $41761.21     | 0.04%             | 2028-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Intermountain Power Agency                                                       | Intermountain Power Agency, Series 2022A                                                            | CUSIP: 45884AA86<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     90000 | PA      | $97203.67     | 0.09%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Miami-Dade FL                                                          | County of Miami-Dade, Series 2016                                                                   | CUSIP: 59333NYS6<br>LEI: 549300QG0NBD9HULR263 | Long             | DBT              | MUN               | US        |    105000 | PA      | $106089.69    | 0.09%             | 2034-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Jacksonville FL                                                          | City of Jacksonville, Series 2023A                                                                  | CUSIP: 469487UP5<br>LEI: 549300XQE0JVN9WV0J40 | Long             | DBT              | MUN               | US        |     25000 | PA      | $27629.90     | 0.02%             | 2031-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Minnesota                                                               | State of Minnesota, Series 2024B                                                                    | CUSIP: 60412AP56<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     35000 | PA      | $39394.81     | 0.03%             | 2032-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Energy Northwest                                                                 | Energy Northwest, Series 2022A                                                                      | CUSIP: 29270C4R3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $83622.50     | 0.07%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| E-470 Public Highway Authority                                                   | E-470 Public Highway Authority, Series 2020A                                                        | CUSIP: 26822LMQ4<br>LEI: 549300164ZV2301BC703 | Long             | DBT              | MUN               | US        |     45000 | PA      | $47427.67     | 0.04%             | 2028-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue          | New York City Transitional Finance Authority, Series 2024D1                                         | CUSIP: 64972JDJ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10793.84     | 0.01%             | 2040-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Carolina Public Service Authority                                          | South Carolina Public Service Authority, Series 2016A                                               | CUSIP: 83715BDD6<br>LEI: EMBXY64GWKA9MZGFUD26 | Long             | DBT              | MUN               | US        |     50000 | PA      | $50101.67     | 0.04%             | 2037-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Louisiana                                                               | State of Louisiana, Series 2016B                                                                    | CUSIP: 5464152J8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10081.34     | 0.01%             | 2026-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Water Development Board                                                    | Texas Water Development Board, Series 2019                                                          | CUSIP: 882854U67<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     60000 | PA      | $63838.04     | 0.06%             | 2033-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                                   | Black Belt Energy Gas District, Series 2023D1                                                       | CUSIP: 09182TCR6<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |     95000 | PA      | $99885.36     | 0.09%             | 2049-06-01      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| Clark County School District                                                     | Clark County School District, Series 2020A                                                          | CUSIP: 181059N51<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10833.49     | 0.01%             | 2031-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Oregon                                                                  | State of Oregon, Series 2023A                                                                       | CUSIP: 68609UCC7<br>LEI: 549300R5SUGZRD8KP359 | Long             | DBT              | MUN               | US        |     35000 | PA      | $39120.77     | 0.03%             | 2035-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | State of Illinois, Series 2021A                                                                     | CUSIP: 452153AR0<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |     60000 | PA      | $62922.04     | 0.06%             | 2037-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Delaware                                                                | State of Delaware, Series 2020A                                                                     | CUSIP: 246381PM3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    135000 | PA      | $143888.54    | 0.13%             | 2029-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | Indiana Finance Authority, Series 2024A                                                             | CUSIP: 45506EKU6<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |     20000 | PA      | $22454.51     | 0.02%             | 2036-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Florida Department of Transportation Turnpike System Revenue            | State of Florida, Series 2022A                                                                      | CUSIP: 343137NC5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $22633.87     | 0.02%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue          | New York City Transitional Finance Authority, Series 2023D1                                         | CUSIP: 64971X3W6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $21829.99     | 0.02%             | 2038-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Corpus Christi Independent School District                                       | Corpus Christi Independent School District, Series 2019                                             | CUSIP: 2201475Y4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $26351.52     | 0.02%             | 2030-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Portland OR Sewer System Revenue                                         | City of Portland, Series 2025A                                                                      | CUSIP: 736742J32<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     15000 | PA      | $17142.31     | 0.02%             | 2034-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue          | New York City Transitional Finance Authority, Series 2022C1                                         | CUSIP: 64971XK49<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $27254.76     | 0.02%             | 2035-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Louisiana Local Government Environmental Facilities & Community Development Auth | Louisiana Local Government Environmental Facilities & Community Development Authority, Series 2022B | CUSIP: 546275AN8<br>LEI: 5493004WIZ1HV87IVF85 | Long             | DBT              | MUN               | US        |    140000 | PA      | $141857.55    | 0.13%             | 2037-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lewisville Independent School District                                           | Lewisville Independent School District, Series 2020                                                 | CUSIP: 52882PEJ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     40000 | PA      | $42543.21     | 0.04%             | 2032-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                              | City of New York, Series 2023-1                                                                     | CUSIP: 64966Q3P3<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |     45000 | PA      | $49994.07     | 0.04%             | 2032-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Hamilton TN                                                            | County of Hamilton, Series 2024A                                                                    | CUSIP: 407325BP3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $55088.02     | 0.05%             | 2040-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Chicago IL Waterworks Revenue                                            | City of Chicago, Series 2024A                                                                       | CUSIP: 167736Z34<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    120000 | PA      | $129555.10    | 0.11%             | 2038-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Plano Independent School District                                                | Plano Independent School District, Series 2023                                                      | CUSIP: 727199B34<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $31377.04     | 0.03%             | 2028-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Government of Nashville & Davidson County TN Water & Sewer Revenue  | Metropolitan Government of Nashville & Davidson County, Series 2025                                 | CUSIP: 5920982Z9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $22164.64     | 0.02%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of California                                                         | University of California, Series 2023BM                                                             | CUSIP: 91412HNS8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     55000 | PA      | $61162.83     | 0.05%             | 2036-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Clark Department of Aviation                                           | County of Clark, Series 2024A                                                                       | CUSIP: 18085PTH7<br>LEI: 549300LDD8NZB2EOVG83 | Long             | DBT              | MUN               | US        |    105000 | PA      | $115711.33    | 0.10%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fort Bend Independent School District                                            | Fort Bend Independent School District, Series 2022A                                                 | CUSIP: 346843UC7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     15000 | PA      | $15506.09     | 0.01%             | 2027-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Washington                                                              | State of Washington, Series R-2017A                                                                 | CUSIP: 93974DXF0<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |     30000 | PA      | $30209.38     | 0.03%             | 2033-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Matagorda County Navigation District No. 1                                       | Matagorda County Navigation District No. 1, Series 2005A                                            | CUSIP: 576528CY7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     45000 | PA      | $46738.82     | 0.04%             | 2030-05-01      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| Clark County Water Reclamation District                                          | Clark County Water Reclamation District, Series 2023                                                | CUSIP: 181070FR9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $27333.62     | 0.02%             | 2039-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Hennepin MN                                                            | County of Hennepin, Series 2024A                                                                    | CUSIP: 425507PV6<br>LEI: 254900YDNULMQREFAU43 | Long             | DBT              | MUN               | US        |    125000 | PA      | $143184.74    | 0.13%             | 2034-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Crown Point Multi School Building Corp.                                          | Crown Point Multi School Building Corp., Series 2021                                                | CUSIP: 228485LC0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $163672.40    | 0.14%             | 2031-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Florida Department of Transportation Turnpike System Revenue            | State of Florida, Series 2024A                                                                      | CUSIP: 343137RW7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $22797.80     | 0.02%             | 2034-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of California                                                         | University of California, Series 2024BV                                                             | CUSIP: 91412HRT2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     80000 | PA      | $88998.93     | 0.08%             | 2038-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Water Development Board                                                    | Texas Water Development Board, Series 2018B                                                         | CUSIP: 882854N81<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     80000 | PA      | $84535.12     | 0.07%             | 2030-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ohio Water Development Authority Water Pollution Control Loan Fund               | Ohio Water Development Authority, Series 2024D                                                      | CUSIP: 67766WQ96<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     95000 | PA      | $106100.56    | 0.09%             | 2031-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Oklahoma Turnpike Authority                                                      | Oklahoma Turnpike Authority, Series 2018A                                                           | CUSIP: 679111ZF4<br>LEI: 549300J83EP2PBDYH615 | Long             | DBT              | MUN               | US        |     60000 | PA      | $60792.68     | 0.05%             | 2036-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City & County of Denver CO                                                       | City & County of Denver, Series 2022A                                                               | CUSIP: 249164RL0<br>LEI: MMTY7HA2MSCBUO4F7J71 | Long             | DBT              | MUN               | US        |     50000 | PA      | $55405.81     | 0.05%             | 2035-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                          | Los Angeles Department of Water & Power, Series 2024C                                               | CUSIP: 544532ML5<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |     30000 | PA      | $32492.19     | 0.03%             | 2038-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Intermountain Power Agency                                                       | Intermountain Power Agency, Series 2022A                                                            | CUSIP: 45884AB51<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $158490.23    | 0.14%             | 2040-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kentucky State Property & Building Commission                                    | Kentucky State Property & Buildings Commission, Series A                                            | CUSIP: 49151F4P2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     40000 | PA      | $41845.24     | 0.04%             | 2028-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia Income Tax Revenue                                          | District of Columbia, Series 2019A                                                                  | CUSIP: 25477GPC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     85000 | PA      | $90817.87     | 0.08%             | 2032-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Mississippi                                                             | State of Mississippi, Series 2017A                                                                  | CUSIP: 605581JK4<br>LEI: 549300JRWW5RFQUB7P94 | Long             | DBT              | MUN               | US        |     35000 | PA      | $36304.02     | 0.03%             | 2027-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Leon County - City of Tallahassee Blueprint Intergovernmental Agency             | Leon County - City of Tallahassee Blueprint Intergovernmental Agency, Series 2024                   | CUSIP: 523400BC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $22135.72     | 0.02%             | 2035-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power Water System Revenue                     | Los Angeles Department of Water & Power, Series 2024B                                               | CUSIP: 544525Y28<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $26940.22     | 0.02%             | 2040-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington Metropolitan Area Transit Authority                                   | Washington Metropolitan Area Transit Authority, Series 2017B                                        | CUSIP: 938782FP9<br>LEI: 549300ADKOK76HQMJS30 | Long             | DBT              | MUN               | US        |     75000 | PA      | $76573.01     | 0.07%             | 2034-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Contra Costa Transportation Authority Sales Tax Revenue                          | Contra Costa Transportation Authority, Series 2021A                                                 | CUSIP: 21221MFV7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     15000 | PA      | $16049.18     | 0.01%             | 2032-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Sarasota County School Board                                                     | Sarasota County School Board, Series 2023A                                                          | CUSIP: 80330QDL6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     40000 | PA      | $44544.78     | 0.04%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Marion County School Board                                                       | Marion County School Board, Series 2024                                                             | CUSIP: 56879EHG7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     45000 | PA      | $48476.82     | 0.04%             | 2040-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue          | New York City Transitional Finance Authority, Series 2021D1                                         | CUSIP: 64971XVY1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     45000 | PA      | $45642.79     | 0.04%             | 2026-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| El Paso County School District No. 2 Harrison                                    | El Paso County School District No. 2, Series 2019                                                   | CUSIP: 283371PW6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $25976.15     | 0.02%             | 2038-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of DeKalb GA Water & Sewerage Revenue                                     | DeKalb County Water & Sewerage, Series 2022                                                         | CUSIP: 240523ZM5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $55648.51     | 0.05%             | 2034-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | Illinois Finance Authority, Series 2019                                                             | CUSIP: 45204EW53<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |     30000 | PA      | $30935.48     | 0.03%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                                   | Black Belt Energy Gas District, Series 2025E                                                        | CUSIP: 09182TFW2<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |    100000 | PA      | $104743.89    | 0.09%             | 2030-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                   | New Jersey Transportation Trust Fund Authority, Series 2023AA                                       | CUSIP: 64613CDJ4<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |     55000 | PA      | $61052.96     | 0.05%             | 2035-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Georgia                                                                 | State of Georgia, Series 2017A                                                                      | CUSIP: 373385AQ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     60000 | PA      | $61184.60     | 0.05%             | 2032-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kentucky Public Energy Authority                                                 | Kentucky Public Energy Authority, Series 2024A                                                      | CUSIP: 74440DEL4<br>LEI: 549300XEJZWHYSY4SL55 | Long             | DBT              | MUN               | US        |    140000 | PA      | $146765.26    | 0.13%             | 2055-05-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | Illinois Finance Authority, Series 2024B                                                            | CUSIP: 45204FXC4<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |     80000 | PA      | $88514.68     | 0.08%             | 2038-04-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Knoxville TN Wastewater System Revenue                                   | City of Knoxville, Series 2021A                                                                     | CUSIP: 499815C22<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $82937.72     | 0.07%             | 2031-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maricopa County Special Health Care District                                     | Maricopa County Special Health Care District, Series 2018C                                          | CUSIP: 56756TAN4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $26113.38     | 0.02%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lewisville Independent School District                                           | Lewisville Independent School District, Series 2020                                                 | CUSIP: 52882PED6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     35000 | PA      | $36195.29     | 0.03%             | 2027-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Jackson County Reorganized School District No. 7                                 | Jackson County Reorganized School District No. 7, Series 2020                                       | CUSIP: 467520XR8<br>LEI: 549300HKYX7HMV5CWZ34 | Long             | DBT              | MUN               | US        |     45000 | PA      | $46496.01     | 0.04%             | 2031-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Adams 12 Five Star Schools                                                       | Adams 12 Five Star Schools, Series 2016B                                                            | CUSIP: 006449GT3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     60000 | PA      | $61077.55     | 0.05%             | 2028-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Massachusetts                                                    | State of Massachusetts, Series C                                                                    | CUSIP: 57582RNM4<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |    100000 | PA      | $101288.30    | 0.09%             | 2026-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of West Virginia                                                           | State of West Virginia, Series 2018B                                                                | CUSIP: 956553A76<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $31368.77     | 0.03%             | 2032-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Oregon                                                                  | State of Oregon, Series 2025A                                                                       | CUSIP: 68609UPJ8<br>LEI: 549300R5SUGZRD8KP359 | Long             | DBT              | MUN               | US        |     30000 | PA      | $33362.72     | 0.03%             | 2039-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority Dedicated Tax Fund                         | Metropolitan Transportation Authority, Series B2                                                    | CUSIP: 59259N4U4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     55000 | PA      | $55748.75     | 0.05%             | 2029-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Delaware                                                                | State of Delaware, Series 2023A                                                                     | CUSIP: 246381SL2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $85316.27     | 0.08%             | 2033-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| M-S-R Energy Authority                                                           | M-S-R Energy Authority, Series 2009C                                                                | CUSIP: 55374SAJ9<br>LEI: 549300UEMSS1JTK5YB98 | Long             | DBT              | MUN               | US        |     50000 | PA      | $59258.02     | 0.05%             | 2039-11-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Allen County Building Corp.                                                      | Allen County Building Corp., Series 2024                                                            | CUSIP: 01752EAY3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    105000 | PA      | $113495.40    | 0.10%             | 2039-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Higher Educational Facilities Authority                             | Pennsylvania Higher Educational Facilities Authority, Series 2020A                                  | CUSIP: 70917TAQ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $24538.45     | 0.02%             | 2040-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| State of New York                                                                | State of New York, Series 2023B                                                                     | CUSIP: 649791SS0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     40000 | PA      | $43921.42     | 0.04%             | 2030-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                  | California Community Choice Financing Authority, Series 2024E                                       | CUSIP: 13013JEP7<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |    140000 | PA      | $148181.73    | 0.13%             | 2055-02-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Louisiana                                                               | State of Louisiana, Series 2023                                                                     | CUSIP: 54641CBM6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    120000 | PA      | $133162.25    | 0.12%             | 2035-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Transportation Finance Corp.                                               | Texas Transportation Finance Corp., Series 2025A                                                    | CUSIP: 88283PAD9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     65000 | PA      | $71766.72     | 0.06%             | 2039-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas, Inc.                                                    | Main Street Natural Gas, Inc., Series 2025B                                                         | CUSIP: 56035DKD3<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |     45000 | PA      | $47121.27     | 0.04%             | 2032-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Ohio                                                                    | State of Ohio, Series 2019A                                                                         | CUSIP: 677522H98<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |     45000 | PA      | $49165.17     | 0.04%             | 2030-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Sarasota County School Board                                                     | Sarasota County School Board, Series 2023A                                                          | CUSIP: 80330QDP7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     45000 | PA      | $49935.13     | 0.04%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Portland OR Sewer System Revenue                                         | City of Portland, Series 2023A                                                                      | CUSIP: 736742F36<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     15000 | PA      | $16956.05     | 0.02%             | 2033-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois Sales Tax Revenue                                              | State of Illinois, Series 2025A                                                                     | CUSIP: 452227UZ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     55000 | PA      | $58761.85     | 0.05%             | 2029-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Idaho Housing & Finance Association                                              | Idaho Housing & Finance Association, Series 2024A                                                   | CUSIP: 45130ACL7<br>LEI: 5493002WM3NYB1LQB744 | Long             | DBT              | MUN               | US        |     10000 | PA      | $10996.38     | 0.01%             | 2040-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Alaska                                                                  | State of Alaska, Series 2024B                                                                       | CUSIP: 0117705T7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $26375.95     | 0.02%             | 2028-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Las Vegas Valley Water District                                                  | Las Vegas Valley Water District, Series 2021A                                                       | CUSIP: 517845LE1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    155000 | PA      | $163199.86    | 0.14%             | 2028-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | Indiana Finance Authority, Series 2018A                                                             | CUSIP: 45506DR49<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |     75000 | PA      | $78189.59     | 0.07%             | 2029-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Wisconsin                                                               | State of Wisconsin, Series 2024-1                                                                   | CUSIP: 97705MH99<br>LEI: 549300VTAT608CNZ5827 | Long             | DBT              | MUN               | US        |     65000 | PA      | $66770.93     | 0.06%             | 2027-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of San Antonio TX                                                           | City of San Antonio, Series 2024                                                                    | CUSIP: 79623PRX5<br>LEI: 549300S7VENCVRZAA322 | Long             | DBT              | MUN               | US        |     45000 | PA      | $50493.51     | 0.04%             | 2035-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                         | Massachusetts Development Finance Agency, Series 2024A                                              | CUSIP: 57585BBC1<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |     50000 | PA      | $55571.03     | 0.05%             | 2038-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Central Puget Sound Regional Transit Authority                                   | Central Puget Sound Regional Transit Authority, Series 2016S1                                       | CUSIP: 155048DA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $152223.08    | 0.13%             | 2028-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Wisconsin                                                               | State of Wisconsin, Series 2016-2                                                                   | CUSIP: 97705MEH4<br>LEI: 549300VTAT608CNZ5827 | Long             | DBT              | MUN               | US        |     25000 | PA      | $25051.84     | 0.02%             | 2026-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Dallas TX                                                                | City of Dallas, Series 2025                                                                         | CUSIP: 235219ZZ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     15000 | PA      | $15674.48     | 0.01%             | 2028-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Miami-Dade FL Water & Sewer System Revenue                             | County of Miami-Dade, Series 2019                                                                   | CUSIP: 59334DLA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $20860.05     | 0.02%             | 2036-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southeastern Pennsylvania Transportation Authority                               | Southeastern Pennsylvania Transportation Authority, Series 2022                                     | CUSIP: 842039FL8<br>LEI: 98450061A2F3FD36E493 | Long             | DBT              | MUN               | US        |     75000 | PA      | $80991.57     | 0.07%             | 2040-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Board of Regents of the University of Texas System                               | Board of Regents of the University of Texas System, Series 2017B                                    | CUSIP: 91514AGV1<br>LEI: TEHUYFNKZR6XVWLGEU86 | Long             | DBT              | MUN               | US        |     55000 | PA      | $56832.24     | 0.05%             | 2027-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Delaware                                                                | State of Delaware, Series 2024A                                                                     | CUSIP: 246381TP2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $111671.10    | 0.10%             | 2038-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Houston TX Combined Utility System Revenue                               | City of Houston, Series 2002C                                                                       | CUSIP: 44244CA56<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $24861.67     | 0.02%             | 2039-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Salem-Keizer School District No. 24J                                             | Salem-Keizer School District No. 24J, Series 2018                                                   | CUSIP: 569203ND0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $20953.91     | 0.02%             | 2032-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Cypress-Fairbanks Independent School District                                    | Cypress-Fairbanks Independent School District, Series 2020A                                         | CUSIP: 232769HH5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     45000 | PA      | $45458.79     | 0.04%             | 2038-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| San Antonio Water System                                                         | City of San Antonio, Series 2020A                                                                   | CUSIP: 79642GHF2<br>LEI: 549300S7VENCVRZAA322 | Long             | DBT              | MUN               | US        |     50000 | PA      | $54179.17     | 0.05%             | 2031-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Permanent University Fund - University of Texas System                           | Permanent University Fund - University of Texas System, Series 2022A                                | CUSIP: 9151158K8<br>LEI: 549300GZUEUTLKVGLF98 | Long             | DBT              | MUN               | US        |     35000 | PA      | $36095.33     | 0.03%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Northwest Independent School District                                            | Northwest Independent School District, Series 2023                                                  | CUSIP: 667826EB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     55000 | PA      | $59899.70     | 0.05%             | 2036-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southeast Energy Authority A Cooperative District                                | Southeast Energy Authority A Cooperative District, Series 2024A                                     | CUSIP: 84136HAU7<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |    100000 | PA      | $102139.51    | 0.09%             | 2035-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Washington                                                              | State of Washington, Series R-2018D                                                                 | CUSIP: 93974DY77<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |     25000 | PA      | $25799.03     | 0.02%             | 2029-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Harris TX Toll Road Revenue                                            | County of Harris, Series 2023A                                                                      | CUSIP: 41423PCU9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     55000 | PA      | $57996.14     | 0.05%             | 2028-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Dallas Fort Worth International Airport                                          | Dallas Fort Worth International Airport, Series 2024                                                | CUSIP: 23503CDX2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $33833.96     | 0.03%             | 2035-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Phoenix Civic Improvement Corp.                                          | City of Phoenix Civic Improvement Corp., Series 2021A                                               | CUSIP: 71883RQZ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     65000 | PA      | $71251.02     | 0.06%             | 2034-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Sales Tax Securitization Corp.                                                   | Sales Tax Securitization Corp., Series 2024A                                                        | CUSIP: 79467BHM0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     85000 | PA      | $94111.13     | 0.08%             | 2034-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                  | California Community Choice Financing Authority, Series 2023D                                       | CUSIP: 13013JCS3<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |    105000 | PA      | $109803.57    | 0.10%             | 2054-05-01      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| State of California                                                              | State of California                                                                                 | CUSIP: 13063DPF9<br>LEI: 9845007J7054602FF597 | Long             | DBT              | MUN               | US        |     75000 | PA      | $76942.92     | 0.07%             | 2027-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Minnesota                                                               | State of Minnesota, Series 2021B                                                                    | CUSIP: 60412AXF5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    130000 | PA      | $142681.51    | 0.13%             | 2030-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Sarasota County School Board                                                     | Sarasota County School Board, Series 2022A                                                          | CUSIP: 80330QCZ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     35000 | PA      | $38838.43     | 0.03%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                                 | Pennsylvania Turnpike Commission, Series 2025-2                                                     | CUSIP: 709225PK6<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |     20000 | PA      | $22511.08     | 0.02%             | 2036-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago O'Hare International Airport                                             | Chicago O'Hare International Airport, Series 2017B                                                  | CUSIP: 167593A44<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     60000 | PA      | $60785.33     | 0.05%             | 2035-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Boulder Larimer & Weld Counties St Vrain Valley School District Re1J             | Boulder Larimer & Weld Counties, Series 2024                                                        | CUSIP: 101565M22<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     35000 | PA      | $39038.43     | 0.03%             | 2037-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                        | New Jersey Economic Development Authority, Series 2020A                                             | CUSIP: 64577XAT3<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |     35000 | PA      | $37588.15     | 0.03%             | 2030-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Chicago IL Wastewater Transmission Revenue                               | City of Chicago, Series 2024A                                                                       | CUSIP: 167727J23<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $21625.67     | 0.02%             | 2038-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of West Virginia                                                           | State of West Virginia, Series 2018A                                                                | CUSIP: 956553ZC8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $31537.46     | 0.03%             | 2028-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Iowa Finance Authority                                                           | Iowa Finance Authority, Series 2023A                                                                | CUSIP: 46247SDQ4<br>LEI: 549300NQVL49BTHOW391 | Long             | DBT              | MUN               | US        |     55000 | PA      | $61776.34     | 0.05%             | 2035-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Government of Nashville & Davidson County TN                        | Metropolitan Government of Nashville & Davidson County, Series 2016                                 | CUSIP: 592112RL2<br>LEI: 549300GW8FVQJ3DU6O10 | Long             | DBT              | MUN               | US        |     20000 | PA      | $20119.69     | 0.02%             | 2027-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Deutsche Intermediate Tax-Free Fund                                              | City of Houston, Series 2020A                                                                       | CUSIP: 44244CWJ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10856.25     | 0.01%             | 2032-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Salt River Project Agricultural Improvement & Power District                     | Salt River Project Agricultural Improvement & Power District, Series 2023A                          | CUSIP: 79574CFJ7<br>LEI: SHB8HO6GKXJ83RX5OV39 | Long             | DBT              | MUN               | US        |     65000 | PA      | $72652.55     | 0.06%             | 2032-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Florida                                                                 | Florida State of Education, Series 2025A                                                            | CUSIP: 34153QYF7<br>LEI: 5493004G5XFOOUT0LQ57 | Long             | DBT              | MUN               | US        |     40000 | PA      | $41194.43     | 0.04%             | 2027-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lone Star College System                                                         | Lone Star College System, Series 2016                                                               | CUSIP: 542264GP5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $20039.77     | 0.02%             | 2028-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Springfield MO Public Utility Revenue                                    | City of Springfield, Series 2025                                                                    | CUSIP: 851026EV2<br>LEI: NDLRXEC1F2GZZETPKO45 | Long             | DBT              | MUN               | US        |     30000 | PA      | $33321.01     | 0.03%             | 2031-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of Kentucky                                                           | University of Kentucky, Series 2024B                                                                | CUSIP: 914378RG1<br>LEI: 549300CXE3YQ1HXYCQ71 | Long             | DBT              | MUN               | US        |     60000 | PA      | $65076.76     | 0.06%             | 2038-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | State of Illinois, Series 2021A                                                                     | CUSIP: 452153AH2<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |     60000 | PA      | $63398.77     | 0.06%             | 2029-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Phoenix Civic Improvement Corp.                                          | City of Phoenix Civic Improvement Corp., Series 2021A                                               | CUSIP: 71883RRD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $53744.99     | 0.05%             | 2038-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Washington                                                              | State of Washington, Series 2018A                                                                   | CUSIP: 93974DN95<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |     55000 | PA      | $56713.89     | 0.05%             | 2030-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Seattle WA Municipal Light & Power Revenue                               | City of Seattle, Series 2020A                                                                       | CUSIP: 812643UK8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    115000 | PA      | $115729.86    | 0.10%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                                 | Pennsylvania Turnpike Commission, Series 2021B                                                      | CUSIP: 709225DR4<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |     75000 | PA      | $76083.53     | 0.07%             | 2036-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Jefferson County School District R-1                                             | Jefferson County School District R-1, Series 2018                                                   | CUSIP: 472736X93<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     55000 | PA      | $57845.22     | 0.05%             | 2033-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Energy Northwest                                                                 | Energy Northwest, Series 2025A                                                                      | CUSIP: 29270C7C3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $27567.35     | 0.02%             | 2040-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Energy Southeast A Cooperative District                                          | Energy Southeast A Cooperative District, Series 2023B1                                              | CUSIP: 292723AY9<br>LEI: 2549001SMMZ81MXBXZ89 | Long             | DBT              | MUN               | US        |    155000 | PA      | $169108.92    | 0.15%             | 2054-04-01      | Variable      | 5.75%                 | No            |                  2 | On Loan: No      |
| State of Nevada                                                                  | State of Nevada, Series 2023A                                                                       | CUSIP: 641462SJ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     70000 | PA      | $76183.13     | 0.07%             | 2040-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tennessee Energy Acquisition Corp.                                               | Tennessee Energy Acquisition Corp., Series 2026A                                                    | CUSIP: 880443JQ0<br>LEI: 549300OJ2Z8PGEY46K92 | Long             | DBT              | MUN               | US        |     30000 | PA      | $32012.02     | 0.03%             | 2034-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | Illinois Finance Authority, Series 2020                                                             | CUSIP: 45204FFJ9<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |     10000 | PA      | $10731.29     | 0.01%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of Utah (The)                                                         | University of Utah (The), Series 2022B                                                              | CUSIP: 915183Z91<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     45000 | PA      | $48479.42     | 0.04%             | 2039-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Jefferson County School District R-1                                             | Jefferson County School District R-1, Series 2018                                                   | CUSIP: 472736Y84<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $20829.76     | 0.02%             | 2037-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Water Reclamation District of Greater Chicago                       | Metropolitan Water Reclamation District of Greater Chicago, Series A                                | CUSIP: 167560SY8<br>LEI: 254900GOGQEZEWCZ4D37 | Long             | DBT              | MUN               | US        |    150000 | PA      | $152263.35    | 0.13%             | 2029-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Washington                                                              | State of Washington, Series 2019A                                                                   | CUSIP: 93974D4B1<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |     25000 | PA      | $26021.83     | 0.02%             | 2036-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Tech University System                                                     | Texas Tech University System, Series 2023A                                                          | CUSIP: 882806JN3<br>LEI: 549300SPM8LGJKCQO195 | Long             | DBT              | MUN               | US        |     25000 | PA      | $27470.73     | 0.02%             | 2036-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Wisconsin                                                               | State of Wisconsin, Series 2021-2                                                                   | CUSIP: 97705MSW6<br>LEI: 549300VTAT608CNZ5827 | Long             | DBT              | MUN               | US        |     85000 | PA      | $89279.63     | 0.08%             | 2028-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Clark NV                                                               | County of Clark, Series 2018                                                                        | CUSIP: 180848ZB2<br>LEI: 549300LDD8NZB2EOVG83 | Long             | DBT              | MUN               | US        |     40000 | PA      | $40243.65     | 0.04%             | 2038-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Palm Beach County School District                                                | Palm Beach County School District, Series 2018A                                                     | CUSIP: 696550D90<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $77409.44     | 0.07%             | 2027-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Maryland Department of Transportation                                   | State of Maryland, Series 2020                                                                      | CUSIP: 574204Q63<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    155000 | PA      | $167486.91    | 0.15%             | 2034-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority                                            | Metropolitan Transportation Authority, Series 2017C1                                                | CUSIP: 59261AQL4<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |    100000 | PA      | $99282.69     | 0.09%             | 2037-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Idaho State Building Authority                                                   | Idaho State Building Authority, Series 2024A                                                        | CUSIP: 451446AK4<br>LEI: 549300XZ1VJYPPKQZU06 | Long             | DBT              | MUN               | US        |     25000 | PA      | $28562.22     | 0.03%             | 2034-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Idaho Housing & Finance Association                                              | Idaho Housing & Finance Association, Series 2019A                                                   | CUSIP: 45129WPP9<br>LEI: 5493002WM3NYB1LQB744 | Long             | DBT              | MUN               | US        |     45000 | PA      | $47392.29     | 0.04%             | 2035-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Wisconsin                                                               | State of Wisconsin, Series 2021-1                                                                   | CUSIP: 97705MSK2<br>LEI: 549300VTAT608CNZ5827 | Long             | DBT              | MUN               | US        |     55000 | PA      | $56498.48     | 0.05%             | 2027-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Clark County School District                                                     | Clark County School District, Series 2025B                                                          | CUSIP: 1810596Y7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     15000 | PA      | $16635.15     | 0.01%             | 2037-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Water Development Board                                                    | Texas Water Development Board, Series 2025                                                          | CUSIP: 88285AJV1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $50494.87     | 0.04%             | 2039-10-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Phoenix Civic Improvement Corp.                                          | City of Phoenix Civic Improvement Corp., Series 2025                                                | CUSIP: 71885KAE6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     45000 | PA      | $49224.74     | 0.04%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                                   | Black Belt Energy Gas District, Series 2022F                                                        | CUSIP: 09182TBT3<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |     40000 | PA      | $41867.37     | 0.04%             | 2053-11-01      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| New York State Thruway Authority                                                 | New York State Thruway Authority, Series 2025A                                                      | CUSIP: 650028ZZ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $111686.35    | 0.10%             | 2039-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Florida Department of Transportation                                    | State of Florida, Series 2019A                                                                      | CUSIP: 34160DAK2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $32126.12     | 0.03%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | New York State Dormitory Authority, Series 2018A                                                    | CUSIP: 64990GBF8<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |     65000 | PA      | $65722.84     | 0.06%             | 2033-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Municipal Water Finance Authority                                  | New York City Municipal Water Finance Authority, Series 2022DD                                      | CUSIP: 64972GZW7<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | STIV             | MUN               | US        |    450000 | PA      | $450000.00    | 0.40%             | 2033-06-15      | Variable      | 2.85%                 | No            |                  2 | On Loan: No      |
| Austin Independent School District                                               | Austin Independent School District, Series 2024                                                     | CUSIP: 052430WJ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     65000 | PA      | $69948.05     | 0.06%             | 2029-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Temple University-of The Commonwealth System of Higher Education                 | Temple University of The Commonwealth System of Higher Education, Series 2025-1                     | CUSIP: 880178CT3<br>LEI: 549300SCHVPNNFRR3L71 | Long             | DBT              | MUN               | US        |     20000 | PA      | $22842.36     | 0.02%             | 2035-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington Metropolitan Area Transit Authority Dedicated Revenue                 | Washington Metropolitan Area Transit Authority, Series 2020A                                        | CUSIP: 93878YAL3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $21502.83     | 0.02%             | 2033-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                                 | Pennsylvania Turnpike Commission, Series 2021B                                                      | CUSIP: 709225DN3<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |     20000 | PA      | $21987.56     | 0.02%             | 2033-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                   | New Jersey Transportation Trust Fund Authority, Series 2018A                                        | CUSIP: 6461363Q2<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |     55000 | PA      | $55216.90     | 0.05%             | 2031-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Clark NV                                                               | County of Clark, Series 2018A                                                                       | CUSIP: 180848WY5<br>LEI: 549300LDD8NZB2EOVG83 | Long             | DBT              | MUN               | US        |     25000 | PA      | $26269.61     | 0.02%             | 2030-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transit Authority of Harris County Sales & Use Tax Revenue          | County of Harris, Series 2018                                                                       | CUSIP: 41422EHY2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $20787.84     | 0.02%             | 2027-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Westfield-Washington Multi-School Building Corp.                                 | Westfield-Washington Multi-School Building Corp., Series 2024A                                      | CUSIP: 96023PPE9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $82142.59     | 0.07%             | 2040-07-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| State of Rhode Island                                                            | State of Rhode Island, Series 2022A                                                                 | CUSIP: 762223NQ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $27111.91     | 0.02%             | 2037-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Dallas Area Rapid Transit                                                        | Dallas Area Rapid Transit, Series 2019                                                              | CUSIP: 235241TE6<br>LEI: 75YWM81F2R6UQGJIEW47 | Long             | DBT              | MUN               | US        |     10000 | PA      | $10732.21     | 0.01%             | 2031-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of West Virginia                                                           | State of West Virginia, Series 2019A                                                                | CUSIP: 956553F89<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    130000 | PA      | $138684.98    | 0.12%             | 2031-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| King County School District No. 403 Renton                                       | King County School District No. 403, Series 2023                                                    | CUSIP: 495080WH2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $55271.64     | 0.05%             | 2035-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Texas                                                                   | State of Texas, Series 2016A                                                                        | CUSIP: 8827234K2<br>LEI: 549300X9CH74QB747L76 | Long             | DBT              | MUN               | US        |     25000 | PA      | $25047.87     | 0.02%             | 2027-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Environmental Facilities Corp.                                    | New York State Environmental Facilities Corp., Series 2023B                                         | CUSIP: 64986DMV4<br>LEI: 549300QJ33JJW73OQO60 | Long             | DBT              | MUN               | US        |     40000 | PA      | $45841.34     | 0.04%             | 2033-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Washington                                                              | State of Washington, Series 2021C                                                                   | CUSIP: 93974ELG9<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |     35000 | PA      | $37330.40     | 0.03%             | 2029-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Water Development Board                                                    | Texas Water Development Board, Series 2019                                                          | CUSIP: 882854T93<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     70000 | PA      | $73961.99     | 0.07%             | 2028-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Water Development Board                                                    | Texas Water Development Board, Series 2020                                                          | CUSIP: 8828542Z4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $79244.99     | 0.07%             | 2028-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Florida                                                                 | State of Florida, Series 2025A                                                                      | CUSIP: 34153QYK6<br>LEI: 5493004G5XFOOUT0LQ57 | Long             | DBT              | MUN               | US        |     50000 | PA      | $56114.90     | 0.05%             | 2032-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago O'Hare International Airport                                             | Chicago O'Hare International Airport, Series 2024B                                                  | CUSIP: 1675934Y5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     15000 | PA      | $16217.18     | 0.01%             | 2040-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Portland OR Sewer System Revenue                                         | City of Portland, Series 2018A                                                                      | CUSIP: 736742ZQ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $20016.33     | 0.02%             | 2036-05-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| City of Colorado Springs CO Utilities System Revenue                             | City of Colorado Springs, Series 2022A                                                              | CUSIP: 1966322Y8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $26577.51     | 0.02%             | 2028-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Energy Northwest                                                                 | Energy Northwest, Series 2019A                                                                      | CUSIP: 29270C2S3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     80000 | PA      | $84159.22     | 0.07%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Kansas Department of Transportation                                     | State of Kansas, Series 2017A                                                                       | CUSIP: 485424RH0<br>LEI: 5493001635XK841MIO47 | Long             | DBT              | MUN               | US        |    100000 | PA      | $103146.82    | 0.09%             | 2030-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Oklahoma State University                                                        | Oklahoma State University, Series 2020A                                                             | CUSIP: 679191HF6<br>LEI: 254900M845UI413F1O58 | Long             | DBT              | MUN               | US        |     35000 | PA      | $37614.59     | 0.03%             | 2029-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Poway Redevelopment Agency Successor Agency                                      | Poway Redevelopment Agency Successor Agency, Series A                                               | CUSIP: 738798AX5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $32735.88     | 0.03%             | 2030-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Forney Independent School District                                               | Forney Independent School District, Series 2022B                                                    | CUSIP: 346425HW4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $53883.25     | 0.05%             | 2036-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Atlanta GA Water & Wastewater Revenue                                    | City of Atlanta, Series 2017A                                                                       | CUSIP: 047870NR7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $31170.83     | 0.03%             | 2029-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Clark County School District                                                     | Clark County School District, Series 2017C                                                          | CUSIP: 181059YN0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     55000 | PA      | $56749.95     | 0.05%             | 2033-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of Kentucky                                                           | University of Kentucky, Series 2018A                                                                | CUSIP: 914378MH4<br>LEI: 549300CXE3YQ1HXYCQ71 | Long             | DBT              | MUN               | US        |     50000 | PA      | $46430.04     | 0.04%             | 2035-10-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | State of Illinois, Series 2024B                                                                     | CUSIP: 452153JM2<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |    140000 | PA      | $150264.81    | 0.13%             | 2030-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Jefferson County School District R-1                                             | Jefferson County School District R-1, Series 2018                                                   | CUSIP: 472736X85<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $105365.18    | 0.09%             | 2032-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lower Colorado River Authority                                                   | Lower Colorado River Authority, Series 2019                                                         | CUSIP: 54811BSW2<br>LEI: 549300QJFPW2NNBYR215 | Long             | DBT              | MUN               | US        |     60000 | PA      | $60898.13     | 0.05%             | 2037-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Colorado Bridge & Tunnel Enterprise                                              | Colorado Bridge & Tunnel Enterprise, Series 2024B                                                   | CUSIP: 19633WAC8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $11027.75     | 0.01%             | 2030-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Denver City & County School District No. 1                                       | Denver City & County School District No. 1, Series 2021                                             | CUSIP: 249174XQ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     60000 | PA      | $65052.91     | 0.06%             | 2034-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Clark County School District                                                     | Clark County School District, Series 2020A                                                          | CUSIP: 181059N69<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10800.87     | 0.01%             | 2032-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Jackson County School District No. R-IV Blue Springs                             | Jackson County School District No. R-IV Blue Springs, Series 2021A                                  | CUSIP: 467486XM3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     15000 | PA      | $15171.02     | 0.01%             | 2038-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| St Louis School District                                                         | St. Louis Board of Education, Series 2023                                                           | CUSIP: 791639LR6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $26958.65     | 0.02%             | 2037-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | State of Illinois, Series 2018A                                                                     | CUSIP: 452152Y39<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |    105000 | PA      | $106921.72    | 0.09%             | 2038-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue          | New York City Transitional Finance Authority, Series 2023B1                                         | CUSIP: 64971X2K3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     45000 | PA      | $49762.75     | 0.04%             | 2036-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue          | New York City Transitional Finance Authority, Series 2025G1                                         | CUSIP: 64972JQV3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $11140.31     | 0.01%             | 2037-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Okaloosa County School Board                                                     | Okaloosa County School Board, Series 2022A                                                          | CUSIP: 678233CT2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10720.38     | 0.01%             | 2029-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kansas Development Finance Authority                                             | Kansas Development Finance Authority, Series 2023SRF                                                | CUSIP: 48542RXD1<br>LEI: 549300WTL7BL8KBDPR87 | Long             | DBT              | MUN               | US        |     20000 | PA      | $22234.65     | 0.02%             | 2036-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission Oil Franchise Tax Revenue                       | Pennsylvania Turnpike Commission, Series A                                                          | CUSIP: 709221UE3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $76199.84     | 0.07%             | 2027-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Atlanta GA Water & Wastewater Revenue                                    | City of Atlanta, Series 2004                                                                        | CUSIP: 047870EY2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     95000 | PA      | $96838.65     | 0.09%             | 2026-11-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| JEA Water & Sewer System Revenue                                                 | Jacksonville Electric Authority, Series 2020A                                                       | CUSIP: 46615SDJ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     40000 | PA      | $37745.18     | 0.03%             | 2036-10-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| State of West Virginia                                                           | State of West Virginia, Series 2019A                                                                | CUSIP: 956553F30<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $32192.94     | 0.03%             | 2029-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Florida                                                                 | State of Florida, Series 2019A                                                                      | CUSIP: 3411505X4<br>LEI: 5493004G5XFOOUT0LQ57 | Long             | DBT              | MUN               | US        |     40000 | PA      | $42180.69     | 0.04%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas State Technical College                                                    | Texas State Technical College, Series 2022A                                                         | CUSIP: 88276RFE7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     45000 | PA      | $50241.31     | 0.04%             | 2034-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Grand River Dam Authority                                                        | Grand River Dam Authority, Series 2023                                                              | CUSIP: 386442ZD2<br>LEI: 549300XGK5KWQHON4Q79 | Long             | DBT              | MUN               | US        |     75000 | PA      | $81800.73     | 0.07%             | 2037-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Houston                                                                  | City of Houston, Series 2020C                                                                       | CUSIP: 44244CZW0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     60000 | PA      | $65137.51     | 0.06%             | 2032-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Midland Independent School District                                              | Midland Independent School District, Series 2024                                                    | CUSIP: 5977832N8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $26152.22     | 0.02%             | 2028-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | Illinois Finance Authority, Series 2019                                                             | CUSIP: 45204EY28<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |     20000 | PA      | $21258.64     | 0.02%             | 2035-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Southern California Public Power Authority                                       | Southern California Public Power Authority, Series 2019-1                                           | CUSIP: 84247PKZ3<br>LEI: 5493003B5TD5FWUKMD34 | Long             | DBT              | MUN               | US        |     80000 | PA      | $84979.58     | 0.08%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Oklahoma Turnpike Authority                                                      | Oklahoma Turnpike Authority, Series 2020A                                                           | CUSIP: 679111A95<br>LEI: 549300J83EP2PBDYH615 | Long             | DBT              | MUN               | US        |     45000 | PA      | $46841.13     | 0.04%             | 2028-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Massachusetts                                                    | Commonwealth of Massachusetts, Series 2019C                                                         | CUSIP: 57582RYD2<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |     20000 | PA      | $21876.38     | 0.02%             | 2030-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Energy Northwest                                                                 | Energy Northwest, Series 2020A                                                                      | CUSIP: 29270C3U7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     70000 | PA      | $73886.62     | 0.07%             | 2039-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Harris County Flood Control District                                             | Harris County Flood Control District, Series 2025A                                                  | CUSIP: 414019CV9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     35000 | PA      | $36250.88     | 0.03%             | 2027-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ohio Water Development Authority Water Pollution Control Loan Fund               | Ohio Water Development Authority, Series 2024D                                                      | CUSIP: 67766WQ54<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $32515.94     | 0.03%             | 2029-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Iowa                                                                    | State of Iowa, Series 2019A                                                                         | CUSIP: 46257TEW5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     90000 | PA      | $94889.44     | 0.08%             | 2034-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Seminole County School District Sales Tax Revenue                                | Seminole County School District, Series 2025                                                        | CUSIP: 816696AF5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $32783.35     | 0.03%             | 2030-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia Water & Sewer Authority                                     | District of Columbia, Series 2024A                                                                  | CUSIP: 254845TY6<br>LEI: 549300OT2FIJQJ5PSH71 | Long             | DBT              | MUN               | US        |     25000 | PA      | $27781.63     | 0.02%             | 2038-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Department of Transportation                                           | State of Wisconsin, Series 2017-2                                                                   | CUSIP: 977123U22<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     70000 | PA      | $72191.55     | 0.06%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Kansas Department of Transportation                                     | State of Kansas, Series 2024A                                                                       | CUSIP: 485424TB1<br>LEI: 5493001635XK841MIO47 | Long             | DBT              | MUN               | US        |      5000 | PA      | $5667.23      | 0.01%             | 2035-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Cabarrus NC                                                            | County of Cabarrus, Series 2024A                                                                    | CUSIP: 12677RDZ7<br>LEI: 549300HVGPJDNBDPZV71 | Long             | DBT              | MUN               | US        |     20000 | PA      | $22182.63     | 0.02%             | 2031-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| King County School District No. 405 Bellevue                                     | King County School District No. 405, Series 2016                                                    | CUSIP: 495098YV1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     45000 | PA      | $45764.01     | 0.04%             | 2028-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Delaware                                                                | State of Delaware, Series 2024A                                                                     | CUSIP: 246381TJ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $56877.52     | 0.05%             | 2033-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Delaware                                                                | State of Delaware, Series 2025                                                                      | CUSIP: 246381UP0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $56877.52     | 0.05%             | 2033-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Columbus OH                                                              | City of Columbus, Series 2023A                                                                      | CUSIP: 1994922N8<br>LEI: 254900NS3ODS0FZ3AM48 | Long             | DBT              | MUN               | US        |     20000 | PA      | $21144.75     | 0.02%             | 2028-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | State of Illinois, Series 2018A                                                                     | CUSIP: 452152X22<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |     20000 | PA      | $20812.54     | 0.02%             | 2029-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Utah Transit Authority                                                           | Utah Transit Authority, Series 2024                                                                 | CUSIP: 917567HH5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $34190.21     | 0.03%             | 2034-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Maryland                                                                | State of Maryland, Series 2024A                                                                     | CUSIP: 574193WM6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $113507.31    | 0.10%             | 2033-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Washington                                                              | State of Washington, Series 2023B                                                                   | CUSIP: 93974EYL4<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |    100000 | PA      | $102070.26    | 0.09%             | 2027-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                              | City of New York, Series 2025G1                                                                     | CUSIP: 64966SLV6<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |     10000 | PA      | $10947.25     | 0.01%             | 2039-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Oregon State Lottery                                                             | Oregon State Lottery, Series A                                                                      | CUSIP: 68607VU86<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     40000 | PA      | $40753.61     | 0.04%             | 2035-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ohio Water Development Authority Water Pollution Control Loan Fund               | Ohio Water Development Authority, Series 2023B                                                      | CUSIP: 67766WK50<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $32923.90     | 0.03%             | 2038-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | Indiana Finance Authority, Series 2021-1                                                            | CUSIP: 45505MJN7<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |     85000 | PA      | $93762.11     | 0.08%             | 2032-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Wisconsin                                                               | State of Wisconsin, Series 2022A                                                                    | CUSIP: 97705MXL4<br>LEI: 549300VTAT608CNZ5827 | Long             | DBT              | MUN               | US        |     60000 | PA      | $65335.96     | 0.06%             | 2035-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Clark County School District                                                     | Clark County School District, Series 2017C                                                          | CUSIP: 181059YL4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     40000 | PA      | $41387.50     | 0.04%             | 2031-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Palm Beach County School District                                                | Palm Beach County School District, Series 2022B                                                     | CUSIP: 696550J86<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     45000 | PA      | $50118.75     | 0.04%             | 2035-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Houston Independent School District                                              | Houston Independent School District, Series 2018                                                    | CUSIP: 442403NG2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     80000 | PA      | $83638.94     | 0.07%             | 2031-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Georgia                                                                 | State of Georgia, Series 2017A2                                                                     | CUSIP: 373385AP8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $30599.27     | 0.03%             | 2031-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Dallas TX                                                                | City of Dallas, Series 2019A                                                                        | CUSIP: 235219PP1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     85000 | PA      | $90110.36     | 0.08%             | 2031-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Washington Airports Authority Dulles Toll Road Revenue              | Metropolitan Washington Airports Authority, Series 2019A                                            | CUSIP: 592643CU2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     60000 | PA      | $62026.70     | 0.05%             | 2039-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Clark County School District                                                     | Clark County School District, Series 2017C                                                          | CUSIP: 181059YJ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     60000 | PA      | $62223.54     | 0.06%             | 2029-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Delaware                                                                | State of Delaware, Series 2024A                                                                     | CUSIP: 246381TD9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     45000 | PA      | $47293.81     | 0.04%             | 2028-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| St Louis Community College District                                              | St. Louis Community College District, Series 2024                                                   | CUSIP: 85234LAZ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    110000 | PA      | $120308.71    | 0.11%             | 2037-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Polk County School District                                                      | Polk County School District, Series 2019                                                            | CUSIP: 731127CV6<br>LEI: 549300N07FMPTRZO0044 | Long             | DBT              | MUN               | US        |    150000 | PA      | $151819.17    | 0.13%             | 2026-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arapahoe County School District No. 5 Cherry Creek                               | Arapahoe County School District No. 5, Series 2026                                                  | CUSIP: 164555EQ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $23433.32     | 0.02%             | 2035-12-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                          | Los Angeles Department of Water & Power, Series 2022B                                               | CUSIP: 544532ES9<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |     60000 | PA      | $63798.23     | 0.06%             | 2039-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan State University                                                        | Michigan State University, Series 2019B                                                             | CUSIP: 594712VB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10428.86     | 0.01%             | 2038-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles County Public Works Financing Authority                              | Los Angeles County Public Works Financing Authority, Series 2024H                                   | CUSIP: 54473EXX7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $35102.28     | 0.03%             | 2033-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | Indiana Finance Authority, Series 2023A                                                             | CUSIP: 45505MNU6<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |     25000 | PA      | $27480.86     | 0.02%             | 2037-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Texas Tollway Authority                                                    | North Texas Tollway Authority, Series 2025A                                                         | CUSIP: 66285WT55<br>LEI: PQGZGRE0F2WPMYQQ1B78 | Long             | DBT              | MUN               | US        |     40000 | PA      | $42458.26     | 0.04%             | 2029-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Marion County School Board                                                       | Marion County School Board, Series 2024                                                             | CUSIP: 56879EHF9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    135000 | PA      | $146729.88    | 0.13%             | 2039-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Environmental Facilities Corp.                                    | New York State Environmental Facilities Corp., Series 2023B                                         | CUSIP: 64986DMS1<br>LEI: 549300QJ33JJW73OQO60 | Long             | DBT              | MUN               | US        |     15000 | PA      | $16484.36     | 0.01%             | 2030-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Ohio                                                                    | State of Ohio, Series 2021A                                                                         | CUSIP: 6775226P4<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |    105000 | PA      | $115832.97    | 0.10%             | 2032-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                   | New Jersey Transportation Trust Fund Authority, Series 2014BB2                                      | CUSIP: 6461368D6<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |     25000 | PA      | $27465.81     | 0.02%             | 2032-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Conroe Independent School District                                               | Conroe Independent School District, Series 2024                                                     | CUSIP: 2084184H3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $53341.73     | 0.05%             | 2029-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Lincoln NE Electric System Revenue                                       | City of Lincoln, Series 2018                                                                        | CUSIP: 534272J59<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     35000 | PA      | $35763.33     | 0.03%             | 2027-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Oklahoma OK                                                            | County of Oklahoma, Series 2025                                                                     | CUSIP: 678688LD2<br>LEI: 549300D7PJYDAPA3JL50 | Long             | DBT              | MUN               | US        |     50000 | PA      | $55562.29     | 0.05%             | 2031-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Truckee Meadows Water Authority                                                  | Truckee Meadows Water Authority, Series 2017                                                        | CUSIP: 897825HE8<br>LEI: 549300GC367BYY1WT202 | Long             | DBT              | MUN               | US        |    125000 | PA      | $128659.40    | 0.11%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Dallas Fort Worth International Airport                                          | Dallas Fort Worth International Airport, Series 2023B                                               | CUSIP: 23503CCV7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     90000 | PA      | $100320.86    | 0.09%             | 2035-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Cincinnati City School District                                                  | Cincinnati School District, Series 2006                                                             | CUSIP: 172252A73<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     35000 | PA      | $35648.26     | 0.03%             | 2026-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| State of Wisconsin                                                               | State of Wisconsin, Series 2021-1                                                                   | CUSIP: 97705MSL0<br>LEI: 549300VTAT608CNZ5827 | Long             | DBT              | MUN               | US        |     30000 | PA      | $31510.46     | 0.03%             | 2028-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Iowa Finance Authority                                                           | Iowa Finance Authority, Series 2020A                                                                | CUSIP: 46246K7P1<br>LEI: 549300NQVL49BTHOW391 | Long             | DBT              | MUN               | US        |     75000 | PA      | $81034.88     | 0.07%             | 2034-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Jacksonville FL                                                          | City of Jacksonville, Series 2023A                                                                  | CUSIP: 469487UV2<br>LEI: 549300XQE0JVN9WV0J40 | Long             | DBT              | MUN               | US        |     30000 | PA      | $32974.95     | 0.03%             | 2037-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Delaware                                                                | State of Delaware, Series 2019A                                                                     | CUSIP: 246381NZ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $30380.33     | 0.03%             | 2026-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Nevada                                                                  | State of Nevada, Series 2023A                                                                       | CUSIP: 641462SG2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     95000 | PA      | $104169.43    | 0.09%             | 2038-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of North Carolina                                                          | State of North Carolina, Series 2021                                                                | CUSIP: 658268ET0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $108950.49    | 0.10%             | 2033-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Maine                                                                   | State of Maine, Series 2019B                                                                        | CUSIP: 56052AC79<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     45000 | PA      | $46306.90     | 0.04%             | 2027-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Dallas Independent School District                                               | Dallas Independent School District, Series 2025B                                                    | CUSIP: 235308R21<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     85000 | PA      | $86870.89     | 0.08%             | 2027-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                              | City of New York, Series C                                                                          | CUSIP: 64966MJK6<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |      5000 | PA      | $5040.15      | 0.00%             | 2026-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Utah                                                                    | State of Utah, Series 2020                                                                          | CUSIP: 917542WM0<br>LEI: 254900RWV9NSVUZONC07 | Long             | DBT              | MUN               | US        |     40000 | PA      | $41237.28     | 0.04%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                  | California Community Choice Financing Authority, Series 2024A                                       | CUSIP: 13013JDR4<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |    140000 | PA      | $147665.21    | 0.13%             | 2054-05-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Water Development Board                                                    | Texas Water Development Board, Series 2018A                                                         | CUSIP: 882854G89<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     60000 | PA      | $62972.60     | 0.06%             | 2028-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Phoenix Civic Improvement Corp.                                          | City of Phoenix Civic Improvement Corp., Series 2025C                                               | CUSIP: 71884AU98<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $33312.01     | 0.03%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Sales Tax Securitization Corp.                                                   | Sales Tax Securitization Corp., Series 2024A                                                        | CUSIP: 79467BHP3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $110097.12    | 0.10%             | 2036-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Dallas Fort Worth International Airport                                          | Dallas Fort Worth International Airport, Series 2022B                                               | CUSIP: 23503CBB2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     40000 | PA      | $44523.14     | 0.04%             | 2033-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                  | California Community Choice Financing Authority, Series 2023G                                       | CUSIP: 13013JDG8<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |    125000 | PA      | $131888.98    | 0.12%             | 2054-11-01      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| JEA Water & Sewer System Revenue                                                 | Jacksonville Electric Authority, Series 2017A                                                       | CUSIP: 46613P3M6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    110000 | PA      | $113135.70    | 0.10%             | 2032-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Columbus OH                                                              | City of Columbus, Series 2022A                                                                      | CUSIP: 199492T90<br>LEI: 254900NS3ODS0FZ3AM48 | Long             | DBT              | MUN               | US        |     20000 | PA      | $21708.08     | 0.02%             | 2038-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Delaware                                                                | State of Delaware, Series 2024B                                                                     | CUSIP: 246381UF2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     45000 | PA      | $51719.45     | 0.05%             | 2034-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                         | Massachusetts Development Finance Agency, Series 2017                                               | CUSIP: 57584X3D1<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |     20000 | PA      | $20353.40     | 0.02%             | 2037-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Sacramento Municipal Utility District                                            | Sacramento Municipal Utility District, Series 2020H                                                 | CUSIP: 786005C55<br>LEI: E3GSVR6ZOU1MX2V7HF33 | Long             | DBT              | MUN               | US        |     75000 | PA      | $81022.21     | 0.07%             | 2038-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of West Virginia                                                           | State of West Virginia, Series 2019A                                                                | CUSIP: 956553G39<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     95000 | PA      | $100868.84    | 0.09%             | 2033-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Connecticut Special Tax Revenue                                         | State of Connecticut, Series 2025A                                                                  | CUSIP: 207758Z71<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     90000 | PA      | $99947.25     | 0.09%             | 2040-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Travis TX                                                              | County of Travis, Series 2019A                                                                      | CUSIP: 89453PG94<br>LEI: 549300HEC6MNL5465K30 | Long             | DBT              | MUN               | US        |     25000 | PA      | $26577.23     | 0.02%             | 2029-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                          | Los Angeles Department of Water & Power, Series 2017B                                               | CUSIP: 5444952J2<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |     65000 | PA      | $65878.33     | 0.06%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                                   | Black Belt Energy Gas District, Series 2026A                                                        | CUSIP: 09182THS9<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |    125000 | PA      | $130408.00    | 0.12%             | 2034-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Omaha Public Power District                                                      | Omaha Public Power District, Series 2018A                                                           | CUSIP: 682001GH9<br>LEI: 54930000VJEJ9CGIYG32 | Long             | DBT              | MUN               | US        |     35000 | PA      | $36251.03     | 0.03%             | 2034-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | State of Illinois, Series 2023B                                                                     | CUSIP: 452153EW5<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |     20000 | PA      | $21466.40     | 0.02%             | 2030-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Clark NV                                                               | County of Clark, Series 2019                                                                        | CUSIP: 180848F24<br>LEI: 549300LDD8NZB2EOVG83 | Long             | DBT              | MUN               | US        |     85000 | PA      | $90694.69     | 0.08%             | 2032-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lamar Consolidated Independent School District                                   | Lamar Consolidated Independent School District, Series 2023                                         | CUSIP: 513174H47<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     60000 | PA      | $64124.51     | 0.06%             | 2040-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of Kentucky                                                           | University of Kentucky, Series 2024B                                                                | CUSIP: 914378RF3<br>LEI: 549300CXE3YQ1HXYCQ71 | Long             | DBT              | MUN               | US        |     75000 | PA      | $81798.80     | 0.07%             | 2037-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| King County School District No. 405 Bellevue                                     | King County School District No. 405, Series 2016                                                    | CUSIP: 495098YX7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    145000 | PA      | $147423.05    | 0.13%             | 2030-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                              | City of New York, Series 2019E                                                                      | CUSIP: 64966MR27<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |     45000 | PA      | $47587.49     | 0.04%             | 2031-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                              | City of New York, Series 2019E                                                                      | CUSIP: 64966MR50<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |     25000 | PA      | $26284.18     | 0.02%             | 2034-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois State Toll Highway Authority                                            | Illinois State Toll Highway Authority, Series 2015B                                                 | CUSIP: 452252LE7<br>LEI: 549300ISBFGI8MJJKM98 | Long             | DBT              | MUN               | US        |     35000 | PA      | $34997.04     | 0.03%             | 2040-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Tennessee                                                               | State of Tennessee, Series 2023A                                                                    | CUSIP: 880541H91<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $22505.79     | 0.02%             | 2035-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Comal Independent School District                                                | Comal Independent School District, Series 2024                                                      | CUSIP: 1998207R6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $33466.81     | 0.03%             | 2032-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Mississippi                                                             | State of Mississippi, Series 2021C                                                                  | CUSIP: 605581PL5<br>LEI: 549300JRWW5RFQUB7P94 | Long             | DBT              | MUN               | US        |    100000 | PA      | $105034.89    | 0.09%             | 2033-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Truckee Meadows Water Authority                                                  | Truckee Meadows Water Authority, Series 2017                                                        | CUSIP: 897825HF5<br>LEI: 549300GC367BYY1WT202 | Long             | DBT              | MUN               | US        |     85000 | PA      | $87403.52     | 0.08%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles County Metropolitan Transportation Authority Sales Tax Revenue       | Los Angeles County Metropolitan Transportation Authority, Series 2021A                              | CUSIP: 54466HLP9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $21240.60     | 0.02%             | 2034-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| County of Harris TX Toll Road Revenue                                            | County of Harris, Series 2023A                                                                      | CUSIP: 41423PCW5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     35000 | PA      | $38138.45     | 0.03%             | 2030-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Irving Independent School District                                               | Irving Independent School District, Series 2023                                                     | CUSIP: 463813L86<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     40000 | PA      | $42695.84     | 0.04%             | 2040-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Grand Parkway Transportation Corp.                                               | Grand Parkway Transportation Corp., Series 2018A                                                    | CUSIP: 38611TBH9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $155868.72    | 0.14%             | 2032-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                                 | Pennsylvania Turnpike Commission, Series 2018A2                                                     | CUSIP: 709224K32<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |     40000 | PA      | $41570.12     | 0.04%             | 2038-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Minnesota                                                               | State of Minnesota, Series 2023                                                                     | CUSIP: 604140XM0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     35000 | PA      | $39444.31     | 0.03%             | 2033-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Collin County Community College District                                         | Collin County Community College District, Series 2024                                               | CUSIP: 194742FZ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     60000 | PA      | $64549.84     | 0.06%             | 2040-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Maryland Department of Transportation                                   | State of Maryland, Series 2021A                                                                     | CUSIP: 574204S38<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $23618.59     | 0.02%             | 2035-10-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| JEA Electric System Revenue                                                      | Jacksonville Electric Authority, Series 2020A3                                                      | CUSIP: 46613SQH6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $80017.49     | 0.07%             | 2034-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southern California Public Power Authority                                       | Southern California Public Power Authority, Series 2024-1                                           | CUSIP: 842469CA4<br>LEI: 5493003B5TD5FWUKMD34 | Long             | DBT              | MUN               | US        |     50000 | PA      | $54029.61     | 0.05%             | 2039-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lewisville Independent School District                                           | Lewisville Independent School District, Series 2024                                                 | CUSIP: 52882PFN3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     60000 | PA      | $62049.07     | 0.05%             | 2027-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Loudoun County Economic Development Authority                                    | Loudoun County Economic Development Authority, Series 2020A                                         | CUSIP: 54589SGH1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     90000 | PA      | $82990.61     | 0.07%             | 2036-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Intermountain Power Agency                                                       | Intermountain Power Agency, Series 2022A                                                            | CUSIP: 45884AA60<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    145000 | PA      | $157970.99    | 0.14%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California State Public Works Board                                              | California State Public Works Board, Series 2016C                                                   | CUSIP: 13068LZB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     40000 | PA      | $40500.94     | 0.04%             | 2034-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago O'Hare International Airport                                             | Chicago O'Hare International Airport, Series 2024D                                                  | CUSIP: 1675936M9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     65000 | PA      | $70942.00     | 0.06%             | 2031-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Oregon Department of Transportation                                     | State of Oregon, Series 2022A                                                                       | CUSIP: 68607DWB7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     40000 | PA      | $44059.01     | 0.04%             | 2037-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Delaware Transportation Authority                                                | Delaware Transportation Authority, Series 2020                                                      | CUSIP: 246419BM6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     65000 | PA      | $67290.07     | 0.06%             | 2027-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Harris County Regional Water Authority                                     | County of North Harris, Series 2016                                                                 | CUSIP: 65956NGS9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $25374.08     | 0.02%             | 2029-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | State of Illinois, Series 2022A                                                                     | CUSIP: 452153CR8<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |     45000 | PA      | $48203.35     | 0.04%             | 2030-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia                                                             | District of Columbia, Series 2017                                                                   | CUSIP: 25484JCW8<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |     75000 | PA      | $76519.95     | 0.07%             | 2030-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago O'Hare International Airport                                             | Chicago O'Hare International Airport, Series 2018B                                                  | CUSIP: 167593M25<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $77880.41     | 0.07%             | 2038-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington Metropolitan Area Transit Authority Dedicated Revenue                 | Washington Metropolitan Area Transit Authority, Series 2021A                                        | CUSIP: 93878YBF5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     90000 | PA      | $98834.57     | 0.09%             | 2032-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                              | City of New York, Series 2008J10                                                                    | CUSIP: 64966QQZ6<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |      5000 | PA      | $5040.15      | 0.00%             | 2026-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Energy Northwest                                                                 | Energy Northwest, Series 2019A                                                                      | CUSIP: 29270C2R5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     35000 | PA      | $36978.39     | 0.03%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Water Reclamation District of Greater Chicago                       | Metropolitan Water Reclamation District of Greater Chicago, Series 2021C                            | CUSIP: 167560VV0<br>LEI: 254900GOGQEZEWCZ4D37 | Long             | DBT              | MUN               | US        |     60000 | PA      | $66221.95     | 0.06%             | 2032-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Antonio Independent School District/TX                                       | San Antonio Independent School District, Series 2019                                                | CUSIP: 796269B49<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     60000 | PA      | $63116.24     | 0.06%             | 2030-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tomball Independent School District                                              | Tomball Independent School District, Series 2024                                                    | CUSIP: 889855W99<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $51096.16     | 0.05%             | 2027-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Central Florida Expressway Authority                                             | Central Florida Expressway Authority, Series 2021D                                                  | CUSIP: 153476HH2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $32970.19     | 0.03%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Water Reclamation District of Greater Chicago                       | Metropolitan Water Reclamation District of Greater Chicago, Series A                                | CUSIP: 167560TA9<br>LEI: 254900GOGQEZEWCZ4D37 | Long             | DBT              | MUN               | US        |    150000 | PA      | $152103.57    | 0.13%             | 2031-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Florida                                                                 | State of Florida, Series 2022B                                                                      | CUSIP: 34153QWJ1<br>LEI: 5493004G5XFOOUT0LQ57 | Long             | DBT              | MUN               | US        |     60000 | PA      | $67975.72     | 0.06%             | 2033-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southeast Energy Authority A Cooperative District                                | Southeast Energy Authority A Cooperative District, Series 2025A                                     | CUSIP: 84136HBC6<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |    175000 | PA      | $175989.52    | 0.16%             | 2056-01-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission Oil Franchise Tax Revenue                       | Pennsylvania Turnpike Commission, Series 2016A                                                      | CUSIP: 709221UG8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     85000 | PA      | $86306.84     | 0.08%             | 2029-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Volusia County Educational Facility Authority                                    | Volusia County Educational Facility Authority, Series 2025                                          | CUSIP: 928836PY5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     70000 | PA      | $76493.15     | 0.07%             | 2039-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arlington Independent School District/TX                                         | Arlington Independent School District, Series 2020                                                  | CUSIP: 0418264S4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     60000 | PA      | $62776.56     | 0.06%             | 2028-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Mecklenburg NC                                                         | County of Mecklenburg, Series 2021                                                                  | CUSIP: 584002XU8<br>LEI: 5493006G3IC5PBHB7A65 | Long             | DBT              | MUN               | US        |     20000 | PA      | $21790.29     | 0.02%             | 2030-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan State University                                                        | Michigan State University, Series 2023A                                                             | CUSIP: 594712XN6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     55000 | PA      | $60255.75     | 0.05%             | 2030-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | Illinois Finance Authority, Series 2017                                                             | CUSIP: 45204EYB8<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    130000 | PA      | $131983.35    | 0.12%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Water Development Board                                                    | Texas Water Development Board, Series 2021                                                          | CUSIP: 8828546S6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     35000 | PA      | $36981.00     | 0.03%             | 2028-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Energy Northwest                                                                 | Energy Northwest, Series 2020A                                                                      | CUSIP: 29270C3M5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     55000 | PA      | $59475.75     | 0.05%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                              | City of New York, Series 2020A1                                                                     | CUSIP: 64966QCT5<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |     40000 | PA      | $41802.50     | 0.04%             | 2039-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Central Puget Sound Regional Transit Authority                                   | Central Puget Sound Regional Transit Authority, Series 2016S1                                       | CUSIP: 155048DB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     35000 | PA      | $35518.72     | 0.03%             | 2029-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tarrant County College District                                                  | Tarrant County College District, Series 2022                                                        | CUSIP: 87638KCW0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $55097.18     | 0.05%             | 2033-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Florida                                                                 | State of Florida, Series 2024B                                                                      | CUSIP: 34153QXV3<br>LEI: 5493004G5XFOOUT0LQ57 | Long             | DBT              | MUN               | US        |     30000 | PA      | $30895.82     | 0.03%             | 2027-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Minnesota                                                               | State of Minnesota, Series 2019A                                                                    | CUSIP: 60412AQV8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10777.17     | 0.01%             | 2029-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Mecklenburg NC                                                         | County of Mecklenburg, Series 2017A                                                                 | CUSIP: 584002VS5<br>LEI: 5493006G3IC5PBHB7A65 | Long             | DBT              | MUN               | US        |     30000 | PA      | $28198.97     | 0.02%             | 2036-04-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                                 | Pennsylvania Turnpike Commission, Series 2016A                                                      | CUSIP: 709224RF8<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |     75000 | PA      | $75963.02     | 0.07%             | 2031-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tampa Bay Water                                                                  | Tampa Bay Water, Series 2016A                                                                       | CUSIP: 875124GC7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $30285.97     | 0.03%             | 2036-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Dallas Independent School District                                               | Dallas Independent School District, Series 2019B                                                    | CUSIP: 235308XY4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     60000 | PA      | $63896.04     | 0.06%             | 2030-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Idaho Housing & Finance Association                                              | Idaho Housing & Finance Association, Series 2019A                                                   | CUSIP: 45129WPM6<br>LEI: 5493002WM3NYB1LQB744 | Long             | DBT              | MUN               | US        |    100000 | PA      | $105984.09    | 0.09%             | 2033-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of North Carolina                                                          | State of North Carolina, Series 2022A                                                               | CUSIP: 65829QEY6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $26787.66     | 0.02%             | 2029-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Denton TX Utility System Revenue                                         | City of Denton, Series 2017                                                                         | CUSIP: 249015C30<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     90000 | PA      | $91365.12     | 0.08%             | 2029-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Clark County Water Reclamation District                                          | Clark County Water Reclamation District, Series 2023                                                | CUSIP: 181070FQ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     45000 | PA      | $49459.86     | 0.04%             | 2038-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Water Reclamation District of Greater Chicago                       | Metropolitan Water Reclamation District of Greater Chicago, Series 2007C                            | CUSIP: 167560MW8<br>LEI: 254900GOGQEZEWCZ4D37 | Long             | DBT              | MUN               | US        |     40000 | PA      | $45548.92     | 0.04%             | 2032-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Avon Community School Building Corp.                                             | Avon Community School Building Corp., Series 2023                                                   | CUSIP: 054071PC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     45000 | PA      | $49228.90     | 0.04%             | 2039-07-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| State of Hawaii                                                                  | State of Hawaii, Series FE                                                                          | CUSIP: 419792JT4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $75954.96     | 0.07%             | 2026-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Santa Monica-Malibu Unified School District                                      | Santa Monica-Malibu Unified School District, Series 2023C                                           | CUSIP: 802498A54<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $22071.80     | 0.02%             | 2037-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Texas Tollway Authority                                                    | North Texas Tollway Authority, Series 2019B                                                         | CUSIP: 66285WZL3<br>LEI: PQGZGRE0F2WPMYQQ1B78 | Long             | DBT              | MUN               | US        |     30000 | PA      | $31778.17     | 0.03%             | 2029-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southern California Public Power Authority                                       | Southern California Public Power Authority, Series 2023-1                                           | CUSIP: 84247PMR9<br>LEI: 5493003B5TD5FWUKMD34 | Long             | DBT              | MUN               | US        |     25000 | PA      | $25710.83     | 0.02%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Conroe Independent School District                                               | Conroe Independent School District, Series 2024                                                     | CUSIP: 2084183R2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $110108.03    | 0.10%             | 2038-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| School Board of Miami-Dade County (The)                                          | County of Miami-Dade, Series 2015D                                                                  | CUSIP: 59333MU52<br>LEI: 549300J3U4QVT6U3O129 | Long             | DBT              | MUN               | US        |     60000 | PA      | $60038.74     | 0.05%             | 2033-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| County of Clark NV                                                               | County of Clark, Series 2017                                                                        | CUSIP: 180848SR5<br>LEI: 549300LDD8NZB2EOVG83 | Long             | DBT              | MUN               | US        |     65000 | PA      | $66909.25     | 0.06%             | 2029-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Houston TX                                                               | City of Houston, Series 2023A                                                                       | CUSIP: 442332CW0<br>LEI: 549300C64URYS0WQQY42 | Long             | DBT              | MUN               | US        |     75000 | PA      | $83631.71     | 0.07%             | 2033-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Texas Tollway Authority                                                    | North Texas Tollway Authority, Series A                                                             | CUSIP: 66285WWH5<br>LEI: PQGZGRE0F2WPMYQQ1B78 | Long             | DBT              | MUN               | US        |     30000 | PA      | $33915.08     | 0.03%             | 2034-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Municipal Improvement Corp. of Los Angeles                                       | Municipal Improvement Corp. of Los Angeles, Series 2016B                                            | CUSIP: 544587G69<br>LEI: 549300ZJ0YLTZNSR8F57 | Long             | DBT              | MUN               | US        |     65000 | PA      | $65886.28     | 0.06%             | 2028-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of San Antonio TX                                                           | City of San Antonio, Series 2019                                                                    | CUSIP: 79623PCW3<br>LEI: 549300S7VENCVRZAA322 | Long             | DBT              | MUN               | US        |     65000 | PA      | $69710.13     | 0.06%             | 2029-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Empire State Development Corp.                                                   | Empire State Development Corp., Series 2023A                                                        | CUSIP: 64985TEA5<br>LEI: 54930039Y2EMGXN6LM88 | Long             | DBT              | MUN               | US        |     55000 | PA      | $62227.68     | 0.06%             | 2034-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia Income Tax Revenue                                          | District of Columbia, Series 2019A                                                                  | CUSIP: 25477GNY7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     70000 | PA      | $73325.77     | 0.06%             | 2028-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia Income Tax Revenue                                          | District of Columbia, Series 2019C                                                                  | CUSIP: 25477GPW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     35000 | PA      | $35434.97     | 0.03%             | 2026-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                              | City of New York, Series 2008L5                                                                     | CUSIP: 64966QWJ5<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |     10000 | PA      | $10833.37     | 0.01%             | 2034-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Georgia                                                                 | State of Georgia, Series 2022A                                                                      | CUSIP: 373385KC6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $21535.10     | 0.02%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Empire State Development Corp.                                                   | Empire State Development Corp., Series 2020A                                                        | CUSIP: 650036AE6<br>LEI: 54930039Y2EMGXN6LM88 | Long             | DBT              | MUN               | US        |    140000 | PA      | $150577.08    | 0.13%             | 2035-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Colorado                                                                | State of Colorado, Series 2022                                                                      | CUSIP: 196711UT0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $58584.17     | 0.05%             | 2035-12-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia                                                             | District of Columbia, Series 2018B                                                                  | CUSIP: 25476FWV6<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |     40000 | PA      | $41833.64     | 0.04%             | 2031-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Palm Beach County School District                                                | Palm Beach County School District, Series 2023A                                                     | CUSIP: 696550L26<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     35000 | PA      | $38291.48     | 0.03%             | 2036-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of King WA                                                                | County of King, Series 2017                                                                         | CUSIP: 49474FSH4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     45000 | PA      | $45564.14     | 0.04%             | 2031-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| State of Texas                                                                   | State of Texas, Series 2025B                                                                        | CUSIP: 8827244X2<br>LEI: 549300X9CH74QB747L76 | Long             | DBT              | MUN               | US        |     25000 | PA      | $27546.11     | 0.02%             | 2039-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Georgia                                                                 | State of Georgia, Series 2016F                                                                      | CUSIP: 3733846H4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     35000 | PA      | $35668.70     | 0.03%             | 2027-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ohio Water Development Authority Water Pollution Control Loan Fund               | Ohio Water Development Authority, Series 2020A                                                      | CUSIP: 67766WYU0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     45000 | PA      | $48677.95     | 0.04%             | 2033-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of West Virginia                                                           | State of West Virginia, Series 2019A                                                                | CUSIP: 956553E98<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     70000 | PA      | $73624.31     | 0.07%             | 2028-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of California                                                              | State of California                                                                                 | CUSIP: 13063D4Q8<br>LEI: 9845007J7054602FF597 | Long             | DBT              | MUN               | US        |     25000 | PA      | $27761.53     | 0.02%             | 2036-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas, Inc.                                                    | Main Street Natural Gas, Inc., Series 2021A                                                         | CUSIP: 56035DDH2<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |     50000 | PA      | $50582.42     | 0.04%             | 2052-07-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| Tennessee State School Bond Authority                                            | Tennessee State School Bond Authority, Series 2022A                                                 | CUSIP: 880558QB0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     35000 | PA      | $37768.53     | 0.03%             | 2040-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Truckee Meadows Water Authority                                                  | Truckee Meadows Water Authority, Series 2017                                                        | CUSIP: 897825HD0<br>LEI: 549300GC367BYY1WT202 | Long             | DBT              | MUN               | US        |     50000 | PA      | $51495.00     | 0.05%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida Department of Environmental Protection                                   | Florida Department of Environmental Protection, Series 2018A                                        | CUSIP: 34160WB94<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     15000 | PA      | $16120.70     | 0.01%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| School District of Philadelphia (The)                                            | Philadelphia School District, Series 2019A                                                          | CUSIP: 717883WC2<br>LEI: 254900HSKDHZKBZCUL90 | Long             | DBT              | MUN               | US        |    150000 | PA      | $151454.22    | 0.13%             | 2036-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia                                                             | District of Columbia, Series 2021D                                                                  | CUSIP: 25476FYG7<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |     65000 | PA      | $71451.80     | 0.06%             | 2031-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Idaho Housing & Finance Association                                              | Idaho Housing & Finance Association, Series 2024A                                                   | CUSIP: 45130ACF0<br>LEI: 5493002WM3NYB1LQB744 | Long             | DBT              | MUN               | US        |     50000 | PA      | $56834.62     | 0.05%             | 2035-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                                       | Michigan Finance Authority, Series 2024A                                                            | CUSIP: 59447T7T4<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |     30000 | PA      | $33632.81     | 0.03%             | 2037-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pierce County School District No. 3 Puyallup                                     | Pierce County School District No. 3, Series 2017                                                    | CUSIP: 720390ZJ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    135000 | PA      | $138981.15    | 0.12%             | 2028-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Florida Lottery Revenue                                                 | State of Florida, Series 2017A                                                                      | CUSIP: 341507S36<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     15000 | PA      | $15773.96     | 0.01%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Water Reclamation District of Greater Chicago                       | Metropolitan Water Reclamation District of Greater Chicago, Series 2021D                            | CUSIP: 167560VX6<br>LEI: 254900GOGQEZEWCZ4D37 | Long             | DBT              | MUN               | US        |     45000 | PA      | $49330.55     | 0.04%             | 2030-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Delaware Transportation Authority                                                | Delaware Transportation Authority, Series 2020                                                      | CUSIP: 246419BL8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $75791.83     | 0.07%             | 2026-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Virginia College Building Authority                                              | Virginia College Building Authority, Series 2017C                                                   | CUSIP: 92778VEF1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $49185.11     | 0.04%             | 2032-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| City & County of Denver CO Airport System Revenue                                | City & County of Denver, Series 2023A                                                               | CUSIP: 249182UA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $22282.92     | 0.02%             | 2035-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Dallas TX                                                                | City of Dallas, Series 2023A                                                                        | CUSIP: 235219VB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $33174.68     | 0.03%             | 2035-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Municipal Gas Acquisition & Supply Corp. IV                                | Texas Municipal Gas Acquisition and Supply Corp. IV, Series 2023B                                   | CUSIP: 88256PAT7<br>LEI: 549300PTUE847QDBBW22 | Long             | DBT              | MUN               | US        |     60000 | PA      | $65504.33     | 0.06%             | 2054-01-01      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| Denver City & County School District No. 1                                       | Denver City & County School District No. 1, Series 2018A                                            | CUSIP: 249174WH2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $20960.76     | 0.02%             | 2028-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| City of Houston TX Airport System Revenue                                        | City of Houston, Series 2020B                                                                       | CUSIP: 442349EH5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     60000 | PA      | $65247.60     | 0.06%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Harris TX Toll Road Revenue                                            | County of Harris, Series 2021                                                                       | CUSIP: 41423PBM8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     65000 | PA      | $68540.89     | 0.06%             | 2028-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Miami-Dade FL                                                          | County of Miami-Dade, Series 2016A                                                                  | CUSIP: 59333FXF2<br>LEI: 549300QG0NBD9HULR263 | Long             | DBT              | MUN               | US        |     50000 | PA      | $54043.94     | 0.05%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Phoenix Civic Improvement Corp.                                          | City of Phoenix Civic Improvement Corp., Series 2024                                                | CUSIP: 71884AN96<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    135000 | PA      | $150492.65    | 0.13%             | 2038-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | New York State Dormitory Authority, Series 2018E                                                    | CUSIP: 64990AUS2<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |     40000 | PA      | $42310.78     | 0.04%             | 2030-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DuPage County School District No. 58 Downers Grove                               | DuPage County School District No. 58, Series 2022                                                   | CUSIP: 263165JM5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    175000 | PA      | $190064.91    | 0.17%             | 2037-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Colorado                                                                | State of Colorado, Series 2022                                                                      | CUSIP: 196711UQ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     60000 | PA      | $71441.57     | 0.06%             | 2032-12-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| State of Delaware                                                                | State of Delaware, Series 2019                                                                      | CUSIP: 246381NF0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $26110.83     | 0.02%             | 2028-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of California                                                         | University of California, Series 2024BV                                                             | CUSIP: 91412HRU9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $33112.60     | 0.03%             | 2039-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Energy Northwest                                                                 | Energy Northwest, Series 2024A                                                                      | CUSIP: 29270C5U5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $54969.87     | 0.05%             | 2039-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Carolina Public Service Authority                                          | South Carolina Public Service Authority, Series 2016A                                               | CUSIP: 83715BCQ8<br>LEI: EMBXY64GWKA9MZGFUD26 | Long             | DBT              | MUN               | US        |     30000 | PA      | $30122.03     | 0.03%             | 2037-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | New York State Dormitory Authority, Series 2016A                                                    | CUSIP: 64990AFF7<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |     50000 | PA      | $50460.34     | 0.04%             | 2035-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Hamilton TN                                                            | County of Hamilton, Series 2024A                                                                    | CUSIP: 407325BN8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $55396.21     | 0.05%             | 2039-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission Oil Franchise Tax Revenue                       | Pennsylvania Turnpike Commission, Series 2016A                                                      | CUSIP: 709221UF0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     55000 | PA      | $55871.50     | 0.05%             | 2028-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Cook IL                                                                | County of Cook, Series 2022A                                                                        | CUSIP: 213185MX6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     40000 | PA      | $43134.78     | 0.04%             | 2029-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of Houston                                                            | University of Houston, Series 2017A                                                                 | CUSIP: 914302CE2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $20037.05     | 0.02%             | 2028-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of West Virginia                                                           | State of West Virginia, Series 2019A                                                                | CUSIP: 956553G47<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $79516.14     | 0.07%             | 2033-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City & County of Denver CO Airport System Revenue                                | City & County of Denver, Series 2019C                                                               | CUSIP: 249182NL6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     45000 | PA      | $47903.79     | 0.04%             | 2034-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | State of Illinois, Series 2016                                                                      | CUSIP: 452152E56<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |    120000 | PA      | $117899.64    | 0.10%             | 2036-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Dallas TX                                                                | City of Dallas, Series 2017                                                                         | CUSIP: 235219MY5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $101946.64    | 0.09%             | 2030-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Clark Department of Aviation                                           | County of Clark, Series 2024B                                                                       | CUSIP: 18085PTA2<br>LEI: 549300LDD8NZB2EOVG83 | Long             | DBT              | MUN               | US        |     10000 | PA      | $10734.20     | 0.01%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Las Vegas Valley Water District                                                  | Las Vegas Valley Water District, Series 2021A                                                       | CUSIP: 517845LF8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     40000 | PA      | $42939.06     | 0.04%             | 2029-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Miami-Dade Seaport Department                                          | County of Miami-Dade, Series 2022B                                                                  | CUSIP: 59335KFC6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10807.36     | 0.01%             | 2037-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                                 | Pennsylvania Turnpike Commission, Series 2017                                                       | CUSIP: 709224A74<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |    100000 | PA      | $103335.03    | 0.09%             | 2032-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Central Florida Expressway Authority                                             | Central Florida Expressway Authority, Series 2025A                                                  | CUSIP: 153476JT4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $22429.84     | 0.02%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas, Inc.                                                    | Main Street Natural Gas, Inc., Series 2024E                                                         | CUSIP: 56035DJJ2<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |    175000 | PA      | $183585.27    | 0.16%             | 2055-05-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| North Dakota Public Finance Authority                                            | North Dakota Public Finance Authority, Series 2024A                                                 | CUSIP: 65887PYS8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    105000 | PA      | $117073.54    | 0.10%             | 2031-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| King County School District No. 414 Lake Washington                              | King County School District No. 414, Series 2017                                                    | CUSIP: 495260H61<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    120000 | PA      | $123482.70    | 0.11%             | 2030-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas, Inc.                                                    | Main Street Natural Gas, Inc., Series 2019A                                                         | CUSIP: 56035DBR2<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |     50000 | PA      | $53541.51     | 0.05%             | 2036-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lone Star College System                                                         | Lone Start College System, Series 2016                                                              | CUSIP: 542264GW0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     35000 | PA      | $35173.50     | 0.03%             | 2038-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Iowa Finance Authority                                                           | Iowa Finance Authority, Series 2021A                                                                | CUSIP: 46247SAR5<br>LEI: 549300NQVL49BTHOW391 | Long             | DBT              | MUN               | US        |     55000 | PA      | $59469.40     | 0.05%             | 2037-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Utah Transit Authority                                                           | Utah Transit Authority, Series 2025                                                                 | CUSIP: 917567HZ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     65000 | PA      | $66151.17     | 0.06%             | 2026-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia                                                             | District of Columbia, Series 2024B                                                                  | CUSIP: 25476FF52<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |     45000 | PA      | $48437.51     | 0.04%             | 2029-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Northern California Energy Authority                                             | Northern California Energy Authority, Series 2024                                                   | CUSIP: 664840AL9<br>LEI: 5493001ZIJGWU7HYLH34 | Long             | DBT              | MUN               | US        |    125000 | PA      | $133129.29    | 0.12%             | 2054-12-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Hennepin MN                                                            | County of Hennepin, Series 2016B                                                                    | CUSIP: 425507EP1<br>LEI: 254900YDNULMQREFAU43 | Long             | DBT              | MUN               | US        |     50000 | PA      | $50628.78     | 0.04%             | 2034-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Iowa Finance Authority                                                           | Iowa Finance Authority, Series 2021A                                                                | CUSIP: 46247SAP9<br>LEI: 549300NQVL49BTHOW391 | Long             | DBT              | MUN               | US        |     95000 | PA      | $103785.60    | 0.09%             | 2035-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Water Development Board                                                    | Texas Water Development Board, Series 2018                                                          | CUSIP: 882854D66<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     55000 | PA      | $56575.85     | 0.05%             | 2031-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Crown Point Multi School Building Corp.                                          | Crown Point Multi School Building Corp., Series 2021                                                | CUSIP: 228485LG1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     55000 | PA      | $58728.14     | 0.05%             | 2035-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | Illinois Finance Authority, Series 2020                                                             | CUSIP: 45204FFN0<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |     35000 | PA      | $38205.85     | 0.03%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                   | New Jersey Transportation Trust Fund Authority, Series 2024A                                        | CUSIP: 64613CER5<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |    170000 | PA      | $189239.94    | 0.17%             | 2039-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Los Angeles Community College District                                           | Los Angeles Community College District, Series 2022L                                                | CUSIP: 54438CZK1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     15000 | PA      | $16986.29     | 0.02%             | 2035-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Louisiana Local Government Environmental Facilities & Community Development Auth | Louisiana Local Government Environmental Facilities & Community Development Authority, Series 2024  | CUSIP: 54628CZ21<br>LEI: 5493004WIZ1HV87IVF85 | Long             | DBT              | MUN               | US        |     20000 | PA      | $21815.34     | 0.02%             | 2038-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Nassau County Interim Finance Authority                                          | Nassau County Interim Finance Authority, Series 2024A                                               | CUSIP: 631663SA0<br>LEI: 549300DP7LB76W78BR41 | Long             | DBT              | MUN               | US        |     30000 | PA      | $32699.74     | 0.03%             | 2029-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Atlanta GA Department of Aviation                                        | City of Atlanta, Series 2020A                                                                       | CUSIP: 04780MXB0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $21487.80     | 0.02%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Florida Department of Transportation                                    | State of Florida, Series 2018                                                                       | CUSIP: 34160KAP5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $26162.35     | 0.02%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Washington                                                              | State of Washington, Series 2017A                                                                   | CUSIP: 93974DYJ1<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |     40000 | PA      | $40279.18     | 0.04%             | 2033-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Board of Regents of the University of Texas System                               | Board of Regents of the University of Texas System, Series 2020C                                    | CUSIP: 91514AKA2<br>LEI: TEHUYFNKZR6XVWLGEU86 | Long             | DBT              | MUN               | US        |     20000 | PA      | $21131.95     | 0.02%             | 2028-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | Indiana Finance Authority, Series 2018A                                                             | CUSIP: 45506DR80<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |     55000 | PA      | $57028.12     | 0.05%             | 2033-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Clark NV                                                               | County of Clark, Series 2016B                                                                       | CUSIP: 180848RX3<br>LEI: 549300LDD8NZB2EOVG83 | Long             | DBT              | MUN               | US        |    120000 | PA      | $121728.13    | 0.11%             | 2026-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Pennsylvania                                                     | Commonwealth of Pennsylvania, Series 2020-1                                                         | CUSIP: 70914PR61<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $26763.10     | 0.02%             | 2029-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                          | Los Angeles Department of Water & Power, Series 2018D                                               | CUSIP: 5444955P5<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |     10000 | PA      | $10284.33     | 0.01%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Houston                                                                  | City of Houston, Series 2017B                                                                       | CUSIP: 44244CMX2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $25963.32     | 0.02%             | 2027-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| M-S-R Energy Authority                                                           | M-S-R Energy Authority, Series 2009A                                                                | CUSIP: 55374SAC4<br>LEI: 549300UEMSS1JTK5YB98 | Long             | DBT              | MUN               | US        |     60000 | PA      | $71109.62     | 0.06%             | 2039-11-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Metropolitan Atlanta Rapid Transit Authority                                     | Metropolitan Atlanta Rapid Transit Authority, Series 2023B                                          | CUSIP: 591746AT9<br>LEI: 5493006NVWO3NVLK0F49 | Long             | DBT              | MUN               | US        |     40000 | PA      | $42173.49     | 0.04%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia Income Tax Revenue                                          | District of Columbia, Series 2019C                                                                  | CUSIP: 25477GQE8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $53248.30     | 0.05%             | 2033-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Wake NC                                                                | County of Wake, Series 2025A                                                                        | CUSIP: 930876JF5<br>LEI: 5493007XQJHO082P1H29 | Long             | DBT              | MUN               | US        |     40000 | PA      | $45114.19     | 0.04%             | 2037-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Manatee County School District                                                   | Manatee County School District, Series 2023A                                                        | CUSIP: 56185NGK8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     40000 | PA      | $43590.60     | 0.04%             | 2038-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of West Virginia                                                           | State of West Virginia, Series 2019A                                                                | CUSIP: 956553H20<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     35000 | PA      | $36736.91     | 0.03%             | 2036-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Sales Tax Securitization Corp.                                                   | Sales Tax Securitization Corp., Series 2024A                                                        | CUSIP: 79467BJB2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $27152.96     | 0.02%             | 2037-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Connecticut Special Tax Revenue                                         | State of Connecticut, Series 2024A2                                                                 | CUSIP: 207758U35<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     45000 | PA      | $51361.97     | 0.05%             | 2034-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ohio Turnpike & Infrastructure Commission                                        | Ohio Turnpike & Infrastructure Commission, Series 2018A                                             | CUSIP: 67760HLX7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $51468.36     | 0.05%             | 2037-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Douglas County School District No. Re-1 Douglas & Elbert Counties                | Douglas County School District No. Re1, Series 2019                                                 | CUSIP: 258885P89<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $20805.18     | 0.02%             | 2038-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Nevada                                                                  | State of Nevada, Series 2019A                                                                       | CUSIP: 641462FP6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $32145.19     | 0.03%             | 2029-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Minnesota                                                               | State of Minnesota, Series 2023                                                                     | CUSIP: 604140XN8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $169119.56    | 0.15%             | 2034-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fort Bend Independent School District                                            | Fort Bend Independent School District, Series 2019B                                                 | CUSIP: 346843PR0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     35000 | PA      | $36593.43     | 0.03%             | 2028-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| School District of Philadelphia (The)                                            | School District of Philadelphia (The), Series 2021A                                                 | CUSIP: 717883YG1<br>LEI: 254900HSKDHZKBZCUL90 | Long             | DBT              | MUN               | US        |     35000 | PA      | $38352.22     | 0.03%             | 2032-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | State of Illinois, Series 2006                                                                      | CUSIP: 452151YE7<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |     25000 | PA      | $27208.96     | 0.02%             | 2030-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Collin County Community College District                                         | Collin County Community College District, Series 2020A                                              | CUSIP: 194741HJ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10714.79     | 0.01%             | 2029-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Minnesota                                                               | State of Minnesota, Series 2021A                                                                    | CUSIP: 60412AWM1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     55000 | PA      | $60928.81     | 0.05%             | 2032-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Mobile AL                                                                | City of Mobile, Series 2025B                                                                        | CUSIP: 6071143T0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     70000 | PA      | $76921.18     | 0.07%             | 2031-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Washington                                                              | State of Washington, Series 2018A                                                                   | CUSIP: 93974DN87<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |    145000 | PA      | $149634.36    | 0.13%             | 2029-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southeast Alabama Gas Supply District (The)                                      | Southeast Alabama Gas Supply District (The), Series 2024A                                           | CUSIP: 84131TBA9<br>LEI: 549300BL04JIB2GJZ178 | Long             | DBT              | MUN               | US        |    160000 | PA      | $169534.70    | 0.15%             | 2054-08-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                                 | Pennsylvania Turnpike Commission, Series 2024                                                       | CUSIP: 709225LE4<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |     40000 | PA      | $43741.25     | 0.04%             | 2040-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Clark County School District                                                     | Clark County School District, Series 2018B                                                          | CUSIP: 181059B54<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     35000 | PA      | $36721.95     | 0.03%             | 2032-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lower Colorado River Authority                                                   | Lower Colorado River Authority, Series 2023A                                                        | CUSIP: 54811BG39<br>LEI: 549300QJFPW2NNBYR215 | Long             | DBT              | MUN               | US        |     75000 | PA      | $82865.40     | 0.07%             | 2035-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Orlando Utilities Commission                                                     | Orlando Utilities Commission, Series 2023A                                                          | CUSIP: 686507KY9<br>LEI: 549300EJR7JVMRXL5D66 | Long             | DBT              | MUN               | US        |    100000 | PA      | $109738.28    | 0.10%             | 2038-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Manatee County School District                                                   | Manatee County School District, Series 2023A                                                        | CUSIP: 56185NGE2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     60000 | PA      | $67319.25     | 0.06%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| JEA Water & Sewer System Revenue                                                 | Jacksonville Electric Authority, Series 2020A                                                       | CUSIP: 46615SDH8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $26629.46     | 0.02%             | 2035-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ohio Water Development Authority Water Pollution Control Loan Fund               | Ohio Water Development Authority, Series 2024D                                                      | CUSIP: 67766WR38<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $56471.94     | 0.05%             | 2032-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tampa Bay Water                                                                  | Tampa Bay Water, Series 2001A                                                                       | CUSIP: 875128FC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     60000 | PA      | $66239.84     | 0.06%             | 2029-10-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| San Antonio Water System                                                         | San Antonio Water System, Series 2016C                                                              | CUSIP: 79642B3V3<br>LEI: 549300S7VENCVRZAA322 | Long             | DBT              | MUN               | US        |     40000 | PA      | $40490.30     | 0.04%             | 2031-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Canadian County Educational Facilities Authority                                 | Canadian County Educational Facilities Authority, Series 2017                                       | CUSIP: 135521CN0<br>LEI: 549300HPRFS0Z66VHS30 | Long             | DBT              | MUN               | US        |     65000 | PA      | $65592.52     | 0.06%             | 2028-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                        | New Jersey Economic Development Authority, Series 2017B                                             | CUSIP: 64578EME4<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |     25000 | PA      | $25112.78     | 0.02%             | 2039-06-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Metropolitan Government of Nashville & Davidson County TN Electric Revenue       | Metropolitan Government of Nashville & Davidson County, Series 2024B                                | CUSIP: 592030S50<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $26253.89     | 0.02%             | 2028-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Water Development Board                                                    | Texas Water Development Board, Series 2023A                                                         | CUSIP: 88285ACS5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     35000 | PA      | $37142.09     | 0.03%             | 2028-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                             | Triborough Bridge & Tunnel Authority, Series 2025A                                                  | CUSIP: 896032AJ8<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |     10000 | PA      | $11453.34     | 0.01%             | 2033-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Williamson TX                                                          | County of Williamson, Series 2020                                                                   | CUSIP: 9698876G8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $21135.97     | 0.02%             | 2030-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Harris TX Toll Road Revenue                                            | County of Harris, Series 2022A                                                                      | CUSIP: 41423PCL9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     35000 | PA      | $38138.45     | 0.03%             | 2030-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Cook IL Sales Tax Revenue                                              | County of Cook, Series 2017                                                                         | CUSIP: 213248BF3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     70000 | PA      | $71844.93     | 0.06%             | 2035-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southeast Alabama Gas Supply District (The)                                      | Southeast Alabama Gas Supply District (The), Series 2024B                                           | CUSIP: 84131TBT8<br>LEI: 549300BL04JIB2GJZ178 | Long             | DBT              | MUN               | US        |    100000 | PA      | $105266.33    | 0.09%             | 2049-06-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Mobile AL                                                                | City of Mobile, Series 2025A                                                                        | CUSIP: 6071143X1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     80000 | PA      | $91352.60     | 0.08%             | 2035-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Mecklenburg NC                                                         | County of Mecklenburg, Series 2016B                                                                 | CUSIP: 584002UR8<br>LEI: 5493006G3IC5PBHB7A65 | Long             | DBT              | MUN               | US        |     65000 | PA      | $66039.43     | 0.06%             | 2027-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                                   | Black Belt Energy Gas District, Series 2022C1                                                       | CUSIP: 09182TCG0<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |     90000 | PA      | $94416.47     | 0.08%             | 2053-02-01      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| State of Hawaii                                                                  | State of Hawaii, Series FG                                                                          | CUSIP: 419792LH7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    165000 | PA      | $167100.91    | 0.15%             | 2026-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of West Virginia                                                           | State of West Virginia, Series 2018D                                                                | CUSIP: 956553A50<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    115000 | PA      | $120420.15    | 0.11%             | 2031-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Miami-Dade FL                                                          | County of Miami-Dade, Series 2016                                                                   | CUSIP: 59333NYW7<br>LEI: 549300QG0NBD9HULR263 | Long             | DBT              | MUN               | US        |     25000 | PA      | $25009.51     | 0.02%             | 2040-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Washington & Clackamas Counties School District No. 23J Tigard-Tualatin          | Washington & Clackamas Counties School District No. 23J, Series 2017                                | CUSIP: 938395RN2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $20534.07     | 0.02%             | 2030-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Texas                                                                   | State of Texas, Series 2025                                                                         | CUSIP: 882725DB7<br>LEI: 549300X9CH74QB747L76 | Long             | DBT              | MUN               | US        |    100000 | PA      | $110582.75    | 0.10%             | 2040-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Central Puget Sound Regional Transit Authority                                   | Central Puget Sound Regional Transit Authority, Series 2021S                                        | CUSIP: 155048DT5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $53099.76     | 0.05%             | 2028-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                             | Triborough Bridge & Tunnel Authority, Series 2023B1                                                 | CUSIP: 89602RKN4<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |     50000 | PA      | $54070.31     | 0.05%             | 2040-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Board of Governors of Colorado State University System                           | Board of Governors of Colorado State University System, Series 2023A2                               | CUSIP: 196707V75<br>LEI: 549300MAE3RAIIEIQV71 | Long             | STIV             | MUN               | US        |     35000 | PA      | $36129.12     | 0.03%             | 2053-03-01      | Variable      | 4.50%                 | No            |                  2 | On Loan: No      |
| Rhode Island Commerce Corp.                                                      | Rhode Island Commerce Corp., Series 2020A                                                           | CUSIP: 762232BT2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $107289.68    | 0.09%             | 2032-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | New York State Dormitory Authority, Series 2019A                                                    | CUSIP: 64990GJQ6<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |     20000 | PA      | $21012.42     | 0.02%             | 2039-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                              | City of New York, Series 2018E1                                                                     | CUSIP: 64966MXH7<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |     45000 | PA      | $46249.31     | 0.04%             | 2039-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of North Carolina                                                          | State of North Carolina, Series 2019A                                                               | CUSIP: 65829QDQ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $20560.63     | 0.02%             | 2033-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| State of Mississippi                                                             | State of Mississippi, Series 2016B                                                                  | CUSIP: 605581HW0<br>LEI: 549300JRWW5RFQUB7P94 | Long             | DBT              | MUN               | US        |     65000 | PA      | $66087.65     | 0.06%             | 2033-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Texas Tollway Authority                                                    | North Texas Tollway Authority, Series 2021B                                                         | CUSIP: 66285WF35<br>LEI: PQGZGRE0F2WPMYQQ1B78 | Long             | DBT              | MUN               | US        |     85000 | PA      | $91479.30     | 0.08%             | 2030-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Florida                                                                 | State of Florida, Series 2023A                                                                      | CUSIP: 34153QWZ5<br>LEI: 5493004G5XFOOUT0LQ57 | Long             | DBT              | MUN               | US        |     35000 | PA      | $36850.07     | 0.03%             | 2028-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kentucky State Property & Building Commission                                    | Kentucky State Property & Building Commission, Series A                                             | CUSIP: 49151FU32<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     15000 | PA      | $16726.59     | 0.01%             | 2032-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Government of Nashville & Davidson County TN                        | Metropolitan Government of Nashville & Davidson County, Series 2018                                 | CUSIP: 592112TG1<br>LEI: 549300GW8FVQJ3DU6O10 | Long             | DBT              | MUN               | US        |     35000 | PA      | $36759.57     | 0.03%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ohio Water Development Authority Water Pollution Control Loan Fund               | Ohio Water Development Authority, Series 2024B                                                      | CUSIP: 67766WP22<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     15000 | PA      | $17024.02     | 0.02%             | 2033-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Philadelphia PA Water & Wastewater Revenue                               | City of Philadelphia, Series 2020A                                                                  | CUSIP: 717893Q38<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $105563.04    | 0.09%             | 2040-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Northside Independent School District                                            | Northside Independent School District, Series 2018                                                  | CUSIP: 66702RTN2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     95000 | PA      | $97760.99     | 0.09%             | 2031-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Louisiana                                                               | State of Louisiana, Series 2023                                                                     | CUSIP: 54641CBL8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    125000 | PA      | $139562.53    | 0.12%             | 2034-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Wisconsin                                                               | State of Wisconsin, Series 2023-1                                                                   | CUSIP: 97705MXA8<br>LEI: 549300VTAT608CNZ5827 | Long             | DBT              | MUN               | US        |     60000 | PA      | $63020.92     | 0.06%             | 2028-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Massachusetts                                                    | Commonwealth of Massachusetts, Series 2023A                                                         | CUSIP: 57582R2V7<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |     20000 | PA      | $21974.87     | 0.02%             | 2038-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Washington                                                              | State of Washington, Series R-2018C                                                                 | CUSIP: 93974DW95<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |     10000 | PA      | $10320.95     | 0.01%             | 2029-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power Water System Revenue                     | Los Angeles Department of Water & Power, Series 2024B                                               | CUSIP: 544525X78<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     70000 | PA      | $76615.24     | 0.07%             | 2037-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                              | City of New York, Series 2006I4                                                                     | CUSIP: 64966SDZ6<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |     50000 | PA      | $55623.97     | 0.05%             | 2035-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ohio Water Development Authority Water Pollution Control Loan Fund               | Ohio Water Development Authority, Series 2020A                                                      | CUSIP: 67766WYP1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     40000 | PA      | $43634.00     | 0.04%             | 2030-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                          | Los Angeles Department of Water & Power, Series 2023B                                               | CUSIP: 544532GS7<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |     15000 | PA      | $16611.31     | 0.01%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Houston TX Combined Utility System Revenue                               | City of Houston, Series 2018D                                                                       | CUSIP: 44244CSM0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10385.33     | 0.01%             | 2027-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Phoenix Civic Improvement Corp.                                          | City of Phoenix Civic Improvement Corp., Series 2023                                                | CUSIP: 71883PLX3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10757.82     | 0.01%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois Sales Tax Revenue                                              | State of Illinois, Series 2025A                                                                     | CUSIP: 452227VY4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $55205.75     | 0.05%             | 2032-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Louisiana                                                               | State of Louisiana, Series 2024A                                                                    | CUSIP: 546417HS8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $33633.29     | 0.03%             | 2036-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tennessee Energy Acquisition Corp.                                               | Tennessee Energy Acquisition Corp., Series 2023A1                                                   | CUSIP: 880443JF4<br>LEI: 549300OJ2Z8PGEY46K92 | Long             | DBT              | MUN               | US        |     80000 | PA      | $82516.78     | 0.07%             | 2053-05-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                              | City of New York, Series 2020C1                                                                     | CUSIP: 64966QGX2<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |     80000 | PA      | $86709.68     | 0.08%             | 2031-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Central Florida Expressway Authority                                             | Central Florida Expressway Authority, Series 2021D                                                  | CUSIP: 153476HK5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $27199.50     | 0.02%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Carolina Capital Facilities Finance Agency                                 | North Carolina Capital Facilities Finance Agency, Series 2016B                                      | CUSIP: 65819GKY3<br>LEI: 549300PWNPSB7G58A235 | Long             | DBT              | MUN               | US        |     45000 | PA      | $45575.01     | 0.04%             | 2026-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Weld County School District No. RE-4                                             | Weld County School District No. Re-4, Series 2023                                                   | CUSIP: 949232EW8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     70000 | PA      | $75608.18     | 0.07%             | 2039-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Ohio                                                                    | State of Ohio, Series 2021A                                                                         | CUSIP: 6775227H1<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |     90000 | PA      | $98330.35     | 0.09%             | 2030-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Multnomah County School District No. 1J Portland                                 | Multnomah County School District No. 1J, Series 2023                                                | CUSIP: 625517NW3<br>LEI: 5493002CTP8R8T4OPS64 | Long             | DBT              | MUN               | US        |     30000 | PA      | $33961.89     | 0.03%             | 2033-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Salt River Project Agricultural Improvement & Power District                     | Salt River Project Agricultural Improvement & Power District, Series 2025B                          | CUSIP: 79574CGX5<br>LEI: SHB8HO6GKXJ83RX5OV39 | Long             | DBT              | MUN               | US        |     45000 | PA      | $51179.43     | 0.05%             | 2034-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ohio Water Development Authority Water Pollution Control Loan Fund               | Ohio Water Development Authority, Series 2023C                                                      | CUSIP: 67766WL91<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     45000 | PA      | $49556.28     | 0.04%             | 2030-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Deschutes Public Library District                                                | Deschutes Public Library District, Series 2021                                                      | CUSIP: 250353BD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     40000 | PA      | $41576.66     | 0.04%             | 2034-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| State of Georgia                                                                 | State of Georgia, Series 2019A                                                                      | CUSIP: 373385EE9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     85000 | PA      | $91290.95     | 0.08%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Dallas Independent School District                                               | Dallas Independent School District, Series 2025C                                                    | CUSIP: 235308U68<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     35000 | PA      | $37369.28     | 0.03%             | 2029-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Harris TX Toll Road Revenue                                            | County of Harris, Series 2018A                                                                      | CUSIP: 41423PAQ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $51714.98     | 0.05%             | 2033-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | New York State Dormitory Authority, Series 2024A                                                    | CUSIP: 65000BX78<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |     20000 | PA      | $22036.46     | 0.02%             | 2036-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City & County Honolulu HI Wastewater System Revenue                              | City & County Honolulu, Series 2025A                                                                | CUSIP: 4387014T8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     80000 | PA      | $91580.10     | 0.08%             | 2034-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                                 | Pennsylvania Turnpike Commission, Series 2019A                                                      | CUSIP: 709224S67<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |     50000 | PA      | $52566.55     | 0.05%             | 2038-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Connecticut Special Tax Revenue                                         | State of Connecticut, Series 2025A                                                                  | CUSIP: 207758Z63<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     95000 | PA      | $106001.40    | 0.09%             | 2039-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power Water System Revenue                     | Los Angeles Department of Water & Power, Series 2024A                                               | CUSIP: 544525U89<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     40000 | PA      | $42942.86     | 0.04%             | 2040-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Austin TX                                                                | City of Austin, Series 2024                                                                         | CUSIP: 052397Q66<br>LEI: IW10PQVTU7HKS3JMW253 | Long             | DBT              | MUN               | US        |     25000 | PA      | $26882.32     | 0.02%             | 2029-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Austin TX Water & Wastewater System Revenue                              | City of Austin, Series 2022                                                                         | CUSIP: 052477PK6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $26504.77     | 0.02%             | 2028-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Chicago IL Waterworks Revenue                                            | City of Chicago, Series 2017                                                                        | CUSIP: 167736K71<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     35000 | PA      | $36147.43     | 0.03%             | 2029-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kansas Development Finance Authority                                             | Kansas Development Finance Authority, Series 2024SRF                                                | CUSIP: 48542RB37<br>LEI: 549300WTL7BL8KBDPR87 | Long             | DBT              | MUN               | US        |     50000 | PA      | $55137.84     | 0.05%             | 2039-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Fairfax VA                                                             | County of Fairfax, Series 2021A                                                                     | CUSIP: 30382AKU5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $25192.20     | 0.02%             | 2026-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| State of Florida Department of Transportation Turnpike System Revenue            | State of Florida, Series 2022A                                                                      | CUSIP: 343137MX0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $31622.02     | 0.03%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Hamilton TN                                                            | County of Hamilton, Series 2018A                                                                    | CUSIP: 4073246P2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $52407.70     | 0.05%             | 2029-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Colorado                                                                | State of Colorado, Series 2022                                                                      | CUSIP: 196711US2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     40000 | PA      | $47141.86     | 0.04%             | 2034-12-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Maricopa County Special Health Care District                                     | Maricopa County Special Health Care District, Series 2021D                                          | CUSIP: 56756TBG8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $21870.15     | 0.02%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Delaware                                                                | State of Delaware, Series 2022                                                                      | CUSIP: 246381RR0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     35000 | PA      | $39117.26     | 0.03%             | 2033-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                          | Los Angeles Department of Water & Power, Series 2019A                                               | CUSIP: 5444956K5<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |     55000 | PA      | $57581.55     | 0.05%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Omaha Public Power District                                                      | Omaha Public Power District, Series 2022B                                                           | CUSIP: 682001HW5<br>LEI: 54930000VJEJ9CGIYG32 | Long             | DBT              | MUN               | US        |     35000 | PA      | $38903.49     | 0.03%             | 2033-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ohio Water Development Authority Water Pollution Control Loan Fund               | Ohio Water Development Authority, Series 2025                                                       | CUSIP: 67766WV58<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    125000 | PA      | $143481.94    | 0.13%             | 2034-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Georgia Ports Authority                                                          | Georgia Ports Authority, Series 2022                                                                | CUSIP: 373586HA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     15000 | PA      | $15458.35     | 0.01%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Virginia Public Building Authority                                               | Virginia Public Building Authority, Series 2022A                                                    | CUSIP: 928173AL7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $83859.74     | 0.07%             | 2033-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Mississippi                                                             | State of Mississippi, Series 2016B                                                                  | CUSIP: 605581HZ3<br>LEI: 549300JRWW5RFQUB7P94 | Long             | DBT              | MUN               | US        |     45000 | PA      | $45752.99     | 0.04%             | 2036-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                              | City of New York, Series A                                                                          | CUSIP: 64966ME39<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |     15000 | PA      | $15120.44     | 0.01%             | 2026-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Johnson KS                                                             | County of Johnson, Series 2018A                                                                     | CUSIP: 47844PKP9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $155133.69    | 0.14%             | 2028-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Johnson County Unified School District No. 233 Olathe                            | Johnson County Unified School District No. 233, Series 2022A                                        | CUSIP: 478718Z93<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     85000 | PA      | $93990.08     | 0.08%             | 2032-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Georgia                                                                 | State of Georgia, Series 2022C                                                                      | CUSIP: 373385LR2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $20078.54     | 0.02%             | 2026-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City & County of Denver CO Airport System Revenue                                | City & County of Denver, Series 2022C                                                               | CUSIP: 249182SB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $54820.24     | 0.05%             | 2030-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Washington                                                              | State of Washington, Series 2021C                                                                   | CUSIP: 93974ELF1<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |     55000 | PA      | $57453.91     | 0.05%             | 2028-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | State of Illinois, Series 2021B                                                                     | CUSIP: 452153BX6<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |     30000 | PA      | $32287.52     | 0.03%             | 2033-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Jacksonville FL                                                          | City of Jacksonville, Series 2024                                                                   | CUSIP: 469487VL3<br>LEI: 549300XQE0JVN9WV0J40 | Long             | DBT              | MUN               | US        |     35000 | PA      | $37008.53     | 0.03%             | 2028-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of West Virginia                                                           | State of West Virginia, Series 2018B                                                                | CUSIP: 956553A43<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    115000 | PA      | $120536.63    | 0.11%             | 2030-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Municipal Gas Acquisition & Supply Corp. III                               | Texas Municipal Gas Acquisition and Supply Corp. III, Series 2021                                   | CUSIP: 88256HBH0<br>LEI: 0UDITKOYW0YKG3BBP242 | Long             | DBT              | MUN               | US        |     60000 | PA      | $64203.84     | 0.06%             | 2032-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tennessee Energy Acquisition Corp.                                               | Tennessee Energy Acquisition Corp., Series 2021A                                                    | CUSIP: 88044TAL3<br>LEI: 549300OJ2Z8PGEY46K92 | Long             | DBT              | MUN               | US        |     30000 | PA      | $31718.17     | 0.03%             | 2052-05-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Georgia State Road & Tollway Authority                                           | Georgia State Road & Tollway Authority, Series 2020                                                 | CUSIP: 37358MEN7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $32535.17     | 0.03%             | 2031-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Colorado                                                                | State of Colorado, Series 2021A                                                                     | CUSIP: 196711TQ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $26019.20     | 0.02%             | 2027-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Utah Telecommunication Open Infrastructure Agency                                | Utah Telecommunication Open Infrastructure Agency, Series 2022                                      | CUSIP: 91756SAL7<br>LEI: 549300LCGT5UXUJ1LP77 | Long             | DBT              | MUN               | US        |     75000 | PA      | $83980.55     | 0.07%             | 2033-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Southeastern Pennsylvania Transportation Authority                               | Southeastern Pennsylvania Transportation Authority, Series 2022                                     | CUSIP: 842039FK0<br>LEI: 98450061A2F3FD36E493 | Long             | DBT              | MUN               | US        |     45000 | PA      | $48883.59     | 0.04%             | 2039-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                          | Los Angeles Department of Water & Power, Series 2019C                                               | CUSIP: 5444958A5<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |     45000 | PA      | $46855.17     | 0.04%             | 2037-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Las Vegas Valley Water District                                                  | Las Vegas Valley Water District, Series 2022C                                                       | CUSIP: 517845PK3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     95000 | PA      | $105214.46    | 0.09%             | 2031-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                                 | Pennsylvania Turnpike Commission, Series 2023-1                                                     | CUSIP: 709225GW0<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |    125000 | PA      | $140170.73    | 0.12%             | 2034-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Texas Tollway Authority                                                    | North Texas Tollway Authority, Series 2024A                                                         | CUSIP: 66285WQ25<br>LEI: PQGZGRE0F2WPMYQQ1B78 | Long             | DBT              | MUN               | US        |     40000 | PA      | $42458.26     | 0.04%             | 2029-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue          | New York City Transitional Finance Authority, Series 2023E1                                         | CUSIP: 64971X4Z8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10919.26     | 0.01%             | 2037-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Alabama Public School and College Authority                                      | Alabama Public School and College Authority, Series 2020A                                           | CUSIP: 010609FN0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $80859.91     | 0.07%             | 2034-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Pennsylvania                                                     | Commonwealth of Pennsylvania, Series 2016-2                                                         | CUSIP: 70914PE57<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     70000 | PA      | $70746.46     | 0.06%             | 2029-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Oregon State Lottery                                                             | Oregon State Lottery, Series 2025A                                                                  | CUSIP: 68607V6M2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $166767.89    | 0.15%             | 2039-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Sarasota County School Board                                                     | Sarasota County School Board, Series 2022A                                                          | CUSIP: 80330QDB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $82081.43     | 0.07%             | 2037-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue          | New York City Transitional Finance Authority, Series 2024G1                                         | CUSIP: 64972JHP6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     35000 | PA      | $38730.15     | 0.03%             | 2037-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan State Building Authority                                                | Michigan State Building Authority, Series 2023II                                                    | CUSIP: 594615KY1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $31783.61     | 0.03%             | 2028-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of West Virginia                                                           | State of West Virginia, Series 2018B                                                                | CUSIP: 956553ZZ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     95000 | PA      | $97725.72     | 0.09%             | 2027-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City & County of Denver CO Airport System Revenue                                | City & County of Denver, Series 2019C                                                               | CUSIP: 249182NM4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10609.33     | 0.01%             | 2035-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan State Building Authority                                                | Michigan State Building Authority, Series 2020I                                                     | CUSIP: 594615HJ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     40000 | PA      | $43895.71     | 0.04%             | 2030-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Michigan Trunk Line Revenue                                             | State of Michigan, Series 2023                                                                      | CUSIP: 5946954A3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     55000 | PA      | $62058.65     | 0.05%             | 2032-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Permanent University Fund - University of Texas System                           | Permanent University Fund - University of Texas System, Series 2025A                                | CUSIP: 915130BR8<br>LEI: 549300GZUEUTLKVGLF98 | Long             | DBT              | MUN               | US        |     25000 | PA      | $25760.48     | 0.02%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                              | City of New York, Series 2026G                                                                      | CUSIP: 64966STP1<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |    200000 | PA      | $219303.74    | 0.19%             | 2040-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Dallas TX Waterworks & Sewer System Revenue                              | Dallas Waterworks & Sewer System, Series 2020C                                                      | CUSIP: 23542JRS6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $27089.49     | 0.02%             | 2032-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Denver City & County School District No. 1                                       | Denver City & County School District No. 1, Series 2025A                                            | CUSIP: 249174YX5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     85000 | PA      | $97426.72     | 0.09%             | 2037-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New Mexico Finance Authority                                                     | New Mexico Finance Authority, Series 2023B                                                          | CUSIP: 64711PNK2<br>LEI: 549300L6217Y7X40SP94 | Long             | DBT              | MUN               | US        |     90000 | PA      | $101071.81    | 0.09%             | 2032-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Spokane County School District No. 81 Spokane                                    | Spokane County School District No. 81 Spokane, Series 2021                                          | CUSIP: 848712RL1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $31074.57     | 0.03%             | 2028-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| North Texas Tollway Authority                                                    | North Texas Tollway Authority, Series A                                                             | CUSIP: 66285WVX1<br>LEI: PQGZGRE0F2WPMYQQ1B78 | Long             | DBT              | MUN               | US        |     65000 | PA      | $65863.56     | 0.06%             | 2035-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Transportation Commission                                                  | Texas Transportation Commission, Series 2024                                                        | CUSIP: 882830BM3<br>LEI: 5493006JSGNPGVJS7691 | Long             | DBT              | MUN               | US        |     75000 | PA      | $76883.60     | 0.07%             | 2027-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue          | New York City Transitional Finance Authority, Series 2021C1                                         | CUSIP: 64971XTW8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     65000 | PA      | $70005.86     | 0.06%             | 2034-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas State University System                                                    | Texas State University System, Series 2017A                                                         | CUSIP: 88278PYL2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $30578.36     | 0.03%             | 2031-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida Insurance Assistance Interlocal Agency, Inc.                             | Florida Insurance Assistance Interlocal Agency, Inc., Series 2023A1                                 | CUSIP: 34074EAE9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     80000 | PA      | $80723.60     | 0.07%             | 2028-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Clark NV                                                               | County of Clark, Series 2018B                                                                       | CUSIP: 180848XW8<br>LEI: 549300LDD8NZB2EOVG83 | Long             | DBT              | MUN               | US        |     90000 | PA      | $95366.74     | 0.08%             | 2030-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Sedgwick County Unified School District No. 266 Maize                            | Sedgwick County Unified School District No. 266 Maize, Series 2019A                                 | CUSIP: 815670ND2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $25303.70     | 0.02%             | 2032-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Health and Education Facilities Authority Act                      | New Hampshire Health and Education Facilities Authority Act, Series 2023                            | CUSIP: 64461XHD0<br>LEI: 549300CNCK7OT82W5653 | Long             | DBT              | MUN               | US        |     30000 | PA      | $31562.72     | 0.03%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Round Rock Independent School District                                           | Round Rock Independent School District, Series 2019A                                                | CUSIP: 779240NT3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     35000 | PA      | $37329.50     | 0.03%             | 2031-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                          | Los Angeles Department of Water & Power, Series 2019C                                               | CUSIP: 5444957Z1<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |    100000 | PA      | $104442.17    | 0.09%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | Illinois Finance Authority, Series 2017                                                             | CUSIP: 45204EXX1<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    100000 | PA      | $101706.35    | 0.09%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Broward FL Water & Sewer Utility Revenue                               | County of Broward, Series 2025                                                                      | CUSIP: 115117NT6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     60000 | PA      | $68752.76     | 0.06%             | 2034-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas, Inc.                                                    | Main Street Natural Gas, Inc., Series 2025A                                                         | CUSIP: 56035DJZ6<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |     75000 | PA      | $80206.67     | 0.07%             | 2055-06-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Clark NV                                                               | County of Clark, Series 2016B                                                                       | CUSIP: 180848RZ8<br>LEI: 549300LDD8NZB2EOVG83 | Long             | DBT              | MUN               | US        |     45000 | PA      | $45669.56     | 0.04%             | 2028-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Phoenix Civic Improvement Corp.                                          | City of Phoenix Civic Improvement Corp., Series 2023                                                | CUSIP: 71883PMJ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10912.93     | 0.01%             | 2040-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Minnesota                                                               | State of Minnesota, Series 2020A                                                                    | CUSIP: 60412ATL7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     65000 | PA      | $70551.59     | 0.06%             | 2033-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transit Authority of Harris County Sales & Use Tax Revenue          | County of Harris, Series 2016A                                                                      | CUSIP: 41422EFQ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    125000 | PA      | $126851.26    | 0.11%             | 2026-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Ohio                                                                    | State of Ohio, Series 2025C                                                                         | CUSIP: 677523NH1<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |    100000 | PA      | $114723.22    | 0.10%             | 2034-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indianapolis Local Public Improvement Bond Bank                                  | Indianapolis Local Public Improvement Bond Bank, Series 2019A                                       | CUSIP: 45528UYV7<br>LEI: 549300LX8ESJHDSESB87 | Long             | DBT              | MUN               | US        |     30000 | PA      | $31865.92     | 0.03%             | 2030-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Clark NV                                                               | County of Clark, Series 2018B                                                                       | CUSIP: 180848XY4<br>LEI: 549300LDD8NZB2EOVG83 | Long             | DBT              | MUN               | US        |     40000 | PA      | $42233.50     | 0.04%             | 2032-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles CA Solid Waste Resources Revenue                             | City of Los Angeles, Series 2023A                                                                   | CUSIP: 54463PER8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $84319.82     | 0.07%             | 2038-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Gainesville FL Utilities System Revenue                                  | City of Gainesville, Series 2017A                                                                   | CUSIP: 362848UE1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     45000 | PA      | $46322.87     | 0.04%             | 2032-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ohio State University (The)                                                      | Ohio State University (The), Series 2021A                                                           | CUSIP: 677632M40<br>LEI: JFC10ZULKO4X2E3HBY86 | Long             | DBT              | MUN               | US        |     45000 | PA      | $49216.15     | 0.04%             | 2034-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Jackson County Reorganized School District No. 7                                 | Jackson County Reorganized School District No. 7, Series 2020                                       | CUSIP: 467520XQ0<br>LEI: 549300HKYX7HMV5CWZ34 | Long             | DBT              | MUN               | US        |     35000 | PA      | $36246.09     | 0.03%             | 2030-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Central Florida Expressway Authority                                             | Central Florida Expressway Authority, Series 2017                                                   | CUSIP: 153476CY0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10307.69     | 0.01%             | 2037-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Georgia                                                                 | State of Georgia, Series 2023A                                                                      | CUSIP: 373385MJ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     40000 | PA      | $45272.86     | 0.04%             | 2034-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Greenville County School District                                                | Greenville County School District, Series 2023                                                      | CUSIP: 396066JE3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     70000 | PA      | $71162.89     | 0.06%             | 2026-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Denver City & County School District No. 1                                       | Denver City & County School District No. 1, Series 2017                                             | CUSIP: 249174VM2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $25387.73     | 0.02%             | 2033-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                                 | Pennsylvania Turnpike Commission, Series 2017                                                       | CUSIP: 709224D63<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |     35000 | PA      | $36167.26     | 0.03%             | 2032-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Palm Beach County School District                                                | Palm Beach County School District, Series 2023A                                                     | CUSIP: 696550L34<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $32582.89     | 0.03%             | 2037-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Dallas TX                                                                | City of Dallas, Series 2023A                                                                        | CUSIP: 235219UZ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     85000 | PA      | $95358.16     | 0.08%             | 2033-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Massachusetts                                                    | Commonwealth of Massachusetts, Series 2019                                                          | CUSIP: 57582RVL7<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |     45000 | PA      | $47883.93     | 0.04%             | 2030-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Cypress-Fairbanks Independent School District                                    | Cypress-Fairbanks Independent School District, Series 2023                                          | CUSIP: 232769MH9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     35000 | PA      | $37918.22     | 0.03%             | 2039-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue          | New York City Transitional Finance Authority, Series 2024A1                                         | CUSIP: 64971X7Z5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $107803.68    | 0.10%             | 2039-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Sarasota County School Board                                                     | Sarasota County School Board, Series 2023A                                                          | CUSIP: 80330QDR3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     45000 | PA      | $49248.86     | 0.04%             | 2037-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Tallahassee FL Energy System Revenue                                     | City of Tallahassee, Series 2024                                                                    | CUSIP: 874476LS1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $84744.11     | 0.08%             | 2035-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                                   | Black Belt Energy Gas District, Series 2025E                                                        | CUSIP: 09182TGC5<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |    140000 | PA      | $148065.01    | 0.13%             | 2055-12-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Central Florida Expressway Authority                                             | Central Florida Expressway Authority, Series 2024B                                                  | CUSIP: 153476JK3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     45000 | PA      | $49145.19     | 0.04%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Florida Department of Transportation Turnpike System Revenue            | State of Florida, Series 2019A                                                                      | CUSIP: 343137ER2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    105000 | PA      | $110224.21    | 0.10%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Sarasota County School Board                                                     | Sarasota County School Board, Series 2023A                                                          | CUSIP: 80330QDN2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     55000 | PA      | $61443.37     | 0.05%             | 2034-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Utility Debt Securitization Authority                                            | Utility Debt Securitization Authority, Series 2023TE1                                               | CUSIP: 91802RGX1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $33279.03     | 0.03%             | 2040-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kentucky Municipal Power Agency                                                  | Kentucky Municipal Power Agency, Series 2015A                                                       | CUSIP: 491501ED0<br>LEI: 2549001MTI3IE05Z7959 | Long             | DBT              | MUN               | US        |     75000 | PA      | $69593.63     | 0.06%             | 2039-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| JEA Electric System Revenue                                                      | JEA Electric System, Series 2024A                                                                   | CUSIP: 46613SRZ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $22463.75     | 0.02%             | 2032-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue          | New York City Transitional Finance Authority, Series 2025F1                                         | CUSIP: 64972JQF8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     35000 | PA      | $38589.47     | 0.03%             | 2038-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Washington                                                              | State of Washington, Series R-2025D                                                                 | CUSIP: 93974FAB9<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |      5000 | PA      | $5041.68      | 0.00%             | 2026-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of Utah (The)                                                         | University of Utah (The), Series 2022B                                                              | CUSIP: 915183Z67<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $27364.62     | 0.02%             | 2036-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Miami-Dade FL Transit System                                           | County of Miami-Dade, Series 2017                                                                   | CUSIP: 59334PGG6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     80000 | PA      | $80110.78     | 0.07%             | 2034-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| State of Nevada                                                                  | State of Nevada, Series 2026A                                                                       | CUSIP: 641462XF8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $168725.42    | 0.15%             | 2038-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Dallas TX Waterworks & Sewer System Revenue                              | City of Dallas, Series 2016A                                                                        | CUSIP: 23542JAM7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     65000 | PA      | $65732.56     | 0.06%             | 2028-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                                   | Black Belt Energy Gas District, Series 2020A1                                                       | CUSIP: 09182RBE0<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |     65000 | PA      | $65235.61     | 0.06%             | 2049-10-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| St Louis Community College District                                              | St. Louis Community College District, Series 2024                                                   | CUSIP: 85234LAX0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     65000 | PA      | $72257.95     | 0.06%             | 2035-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of King WA Sewer Revenue                                                  | County of King, Series 2024A                                                                        | CUSIP: 495290FD5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     55000 | PA      | $62001.68     | 0.05%             | 2033-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Alabama Highway Authority                                                        | Alabama Highway Authority, Series 2025                                                              | CUSIP: 010559AH5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $22624.40     | 0.02%             | 2033-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City & County of Denver CO                                                       | City & County of Denver, Series 2020A                                                               | CUSIP: 249164QD9<br>LEI: MMTY7HA2MSCBUO4F7J71 | Long             | DBT              | MUN               | US        |     35000 | PA      | $38255.04     | 0.03%             | 2031-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Wisconsin                                                               | State of Wisconsin, Series 2025A                                                                    | CUSIP: 97705MT54<br>LEI: 549300VTAT608CNZ5827 | Long             | DBT              | MUN               | US        |     30000 | PA      | $33674.35     | 0.03%             | 2036-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Harris TX Toll Road Revenue                                            | County of Harris, Series 2021                                                                       | CUSIP: 41423PBQ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     70000 | PA      | $76003.59     | 0.07%             | 2031-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Utility Debt Securitization Authority                                            | Utility Debt Securitization Authority, Series 2023TE1                                               | CUSIP: 91802RGE3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     70000 | PA      | $70316.81     | 0.06%             | 2028-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Missouri Joint Municipal Electric Utility Commission                             | Missouri Joint Municipal Electric Utility Commission, Series 2025                                   | CUSIP: 606092QA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     90000 | PA      | $95164.72     | 0.08%             | 2028-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | Indiana Finance Authority, Series 2021-1                                                            | CUSIP: 45505MJL1<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |     20000 | PA      | $21838.76     | 0.02%             | 2030-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago O'Hare International Airport                                             | Chicago O'Hare International Airport, Series 2024D                                                  | CUSIP: 1675936N7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     55000 | PA      | $60788.33     | 0.05%             | 2032-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Washington                                                              | State of Washington, Series 2018A                                                                   | CUSIP: 93974DP28<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |     60000 | PA      | $61821.79     | 0.05%             | 2031-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Washington                                                              | State of Washington, Series 2020A                                                                   | CUSIP: 93974EAE6<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |     70000 | PA      | $72296.44     | 0.06%             | 2027-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fort Bend Independent School District                                            | Fort Bend Independent School District, Series 2024A                                                 | CUSIP: 346843VX0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $31676.62     | 0.03%             | 2028-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Palm Beach County School District                                                | Palm Beach County School District, Series 2021A                                                     | CUSIP: 696550H54<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10663.96     | 0.01%             | 2038-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Baltimore MD                                                           | County of Baltimore, Series 2022                                                                    | CUSIP: 05914GBT4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     15000 | PA      | $16588.61     | 0.01%             | 2031-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Duval County Public Schools                                                      | Duval County Public Schools, Series 2022A                                                           | CUSIP: 267169HA1<br>LEI: 254900RS6MO5WEO2WC42 | Long             | DBT              | MUN               | US        |     55000 | PA      | $56638.67     | 0.05%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Private Colleges & Universities Authority                                        | Private Colleges & Universities Authority, Series 2020B                                             | CUSIP: 74265LT24<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     35000 | PA      | $37777.82     | 0.03%             | 2033-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Florida Department of Transportation Turnpike System Revenue            | State of Florida, Series 2025A                                                                      | CUSIP: 343137WC5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    125000 | PA      | $138464.55    | 0.12%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of West Virginia                                                           | State of West Virginia, Series 2019A                                                                | CUSIP: 956553G70<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    175000 | PA      | $184698.99    | 0.16%             | 2035-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power Water System Revenue                     | Los Angeles Department of Water & Power, Series 2018A                                               | CUSIP: 544525WT1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     55000 | PA      | $56940.24     | 0.05%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Utah                                                                    | State of Utah, Series 2020B                                                                         | CUSIP: 917542XC1<br>LEI: 254900RWV9NSVUZONC07 | Long             | DBT              | MUN               | US        |     45000 | PA      | $47465.42     | 0.04%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Salem-Keizer School District No. 24J                                             | Salem-Keizer School District No. 24J, Series 2018                                                   | CUSIP: 569203NA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $31563.43     | 0.03%             | 2029-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Town of Hempstead NY                                                             | Town of Hempstead, Series 2025A                                                                     | CUSIP: 424672V67<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     15000 | PA      | $15372.27     | 0.01%             | 2039-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Clark County School District                                                     | Clark County School District, Series 2023A                                                          | CUSIP: 1810593G9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $82171.72     | 0.07%             | 2036-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | State of Illinois, Series 2016                                                                      | CUSIP: 452152M40<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |     75000 | PA      | $75827.07     | 0.07%             | 2029-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Mississippi Gaming Tax Revenue                                          | State of Mississippi, Series 2019A                                                                  | CUSIP: 605638BK0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $52127.18     | 0.05%             | 2032-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                                 | Pennsylvania Turnpike Commission, Series 2017                                                       | CUSIP: 709224E21<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |     10000 | PA      | $10066.31     | 0.01%             | 2036-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Kansas Development Finance Authority                                             | Kansas Development Finance Authority, Series 2024SRF                                                | CUSIP: 48542RA53<br>LEI: 549300WTL7BL8KBDPR87 | Long             | DBT              | MUN               | US        |     10000 | PA      | $11300.18     | 0.01%             | 2033-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Washington                                                              | State of Washington, Series 2018A                                                                   | CUSIP: 93974DP93<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |     40000 | PA      | $40949.68     | 0.04%             | 2038-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas, Inc.                                                    | Main Street Natural Gas, Inc., Series 2025B                                                         | CUSIP: 56035DKH4<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |    125000 | PA      | $131223.69    | 0.12%             | 2055-12-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Denton TX Utility System Revenue                                         | City of Denton, Series 2017                                                                         | CUSIP: 249015B98<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $25383.27     | 0.02%             | 2027-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Orlando Utilities Commission                                                     | Orlando Utilities Commission, Series 2025B                                                          | CUSIP: 686507NN0<br>LEI: 549300EJR7JVMRXL5D66 | Long             | DBT              | MUN               | US        |     20000 | PA      | $22646.06     | 0.02%             | 2035-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California State Public Works Board                                              | California State Public Works Board, Series 2023B                                                   | CUSIP: 13068XGV5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     55000 | PA      | $60949.75     | 0.05%             | 2035-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kansas Development Finance Authority                                             | Kansas Development Finance Authority, Series 2024SRF                                                | CUSIP: 48542RA79<br>LEI: 549300WTL7BL8KBDPR87 | Long             | DBT              | MUN               | US        |     75000 | PA      | $84926.15     | 0.08%             | 2035-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Dallas Fort Worth International Airport                                          | Dallas Fort Worth International Airport, Series 2022B                                               | CUSIP: 23503CBF3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     85000 | PA      | $92359.53     | 0.08%             | 2037-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| King County School District No. 414 Lake Washington                              | King County School District No. 414, Series 2017                                                    | CUSIP: 495260H79<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     40000 | PA      | $41137.54     | 0.04%             | 2031-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Delaware                                                                | State of Delaware, Series 2023A                                                                     | CUSIP: 246381SK4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     85000 | PA      | $95662.25     | 0.08%             | 2032-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Energy Northwest                                                                 | Energy Northwest, Series 2016A                                                                      | CUSIP: 29270CQ73<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     40000 | PA      | $40251.18     | 0.04%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Central Florida Expressway Authority                                             | Central Florida Expressway Authority, Series 2019B                                                  | CUSIP: 153476FV3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $79680.26     | 0.07%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago Midway International Airport                                             | Chicago Midway International Airport, Series 2023B                                                  | CUSIP: 167562SL2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    130000 | PA      | $132463.20    | 0.12%             | 2027-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia Water & Sewer Authority                                     | District of Columbia, Series 2016A                                                                  | CUSIP: 254845MP2<br>LEI: 549300OT2FIJQJ5PSH71 | Long             | DBT              | MUN               | US        |     85000 | PA      | $80120.42     | 0.07%             | 2037-10-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| City of Austin TX Water & Wastewater System Revenue                              | City of Austin, Series 2024                                                                         | CUSIP: 052477YE0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     55000 | PA      | $62118.87     | 0.05%             | 2033-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Great Lakes Water Authority Water Supply System Revenue                          | Great Lakes Water Authority, Series 2022A                                                           | CUSIP: 39081JEL8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $32880.98     | 0.03%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia Income Tax Revenue                                          | District of Columbia, Series 2020A                                                                  | CUSIP: 25477GRM9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     60000 | PA      | $64698.04     | 0.06%             | 2032-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of California                                                         | University of California, Series 2025CD                                                             | CUSIP: 91412HWH2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    130000 | PA      | $149777.41    | 0.13%             | 2036-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Wisconsin                                                               | State of Wisconsin, Series 2024C                                                                    | CUSIP: 97705MN27<br>LEI: 549300VTAT608CNZ5827 | Long             | DBT              | MUN               | US        |     40000 | PA      | $41089.80     | 0.04%             | 2027-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Jacksonville FL                                                          | City of Jacksonville, Series 2023A                                                                  | CUSIP: 469487US9<br>LEI: 549300XQE0JVN9WV0J40 | Long             | DBT              | MUN               | US        |     40000 | PA      | $44909.79     | 0.04%             | 2034-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Massachusetts                                                    | Commonwealth of Massachusetts, Series 2019D                                                         | CUSIP: 57582RXD3<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |     25000 | PA      | $23524.51     | 0.02%             | 2036-05-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| County of Clark NV                                                               | County of Clark, Series 2023                                                                        | CUSIP: 181000TG5<br>LEI: 549300LDD8NZB2EOVG83 | Long             | DBT              | MUN               | US        |     80000 | PA      | $88838.95     | 0.08%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | New York State Dormitory Authority, Series 2021A                                                    | CUSIP: 64990FZL1<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |     35000 | PA      | $38466.58     | 0.03%             | 2032-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Delaware Transportation Authority                                                | Delaware Transportation Authority, Series 2020                                                      | CUSIP: 246419BS3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     35000 | PA      | $37961.09     | 0.03%             | 2032-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of DeKalb GA Water & Sewerage Revenue                                     | County of DeKalb, Series 2006B                                                                      | CUSIP: 240523UJ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     65000 | PA      | $65901.08     | 0.06%             | 2026-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| South Carolina Public Service Authority                                          | South Carolina Public Service Authority, Series 2021B                                               | CUSIP: 837151YT0<br>LEI: EMBXY64GWKA9MZGFUD26 | Long             | DBT              | MUN               | US        |     30000 | PA      | $31668.72     | 0.03%             | 2040-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Fairfax VA                                                             | County of Fairfax, Series 2019A                                                                     | CUSIP: 30382AHD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $32000.83     | 0.03%             | 2030-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Delaware Transportation Authority                                                | Delaware Transportation Authority, Series 2020                                                      | CUSIP: 246428K62<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     35000 | PA      | $37874.40     | 0.03%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Miami-Dade FL Water & Sewer System Revenue                             | County of Miami-Dade, Series 2017B                                                                  | CUSIP: 59334DKL7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     45000 | PA      | $45210.86     | 0.04%             | 2037-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Phoenix Civic Improvement Corp.                                          | City of Phoenix Civic Improvement Corp., Series 2017D                                               | CUSIP: 71883MMK7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     40000 | PA      | $40241.61     | 0.04%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Mexico Finance Authority                                                     | New Mexico Finance Authority, Series 2018A                                                          | CUSIP: 64711RME3<br>LEI: 549300L6217Y7X40SP94 | Long             | DBT              | MUN               | US        |     60000 | PA      | $62781.78     | 0.06%             | 2030-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Mississippi                                                             | State of Mississippi, Series 2021C                                                                  | CUSIP: 605581PP6<br>LEI: 549300JRWW5RFQUB7P94 | Long             | DBT              | MUN               | US        |     10000 | PA      | $10440.31     | 0.01%             | 2036-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                          | Los Angeles Department of Water & Power, Series 2023B                                               | CUSIP: 544532GW8<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |     15000 | PA      | $16190.21     | 0.01%             | 2037-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Boulder Larimer & Weld Counties St Vrain Valley School District Re1J             | Boulder Larimer & Weld Counties, Series 2024                                                        | CUSIP: 101565M30<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     35000 | PA      | $38726.24     | 0.03%             | 2038-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Crown Point Multi School Building Corp.                                          | Crown Point Multi School Building Corp., Series 2021                                                | CUSIP: 228485LD8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     60000 | PA      | $65142.54     | 0.06%             | 2032-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois Sales Tax Revenue                                              | State of Illinois, Series 2025B                                                                     | CUSIP: 452227WE7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $108576.88    | 0.10%             | 2038-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City & County of Denver CO                                                       | City & County of Denver, Series 2023                                                                | CUSIP: 249183YV0<br>LEI: MMTY7HA2MSCBUO4F7J71 | Long             | DBT              | MUN               | US        |     40000 | PA      | $45034.86     | 0.04%             | 2034-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Chicago IL                                                               | City of Chicago, Series 2015C                                                                       | CUSIP: 167486Z77<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |     30000 | PA      | $30003.10     | 0.03%             | 2038-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Maryland Department of Transportation                                   | State of Maryland, Series 2020                                                                      | CUSIP: 574204Q55<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     55000 | PA      | $59647.31     | 0.05%             | 2033-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Palm Beach County School District                                                | Palm Beach County School District, Series 2021A                                                     | CUSIP: 696550H70<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     80000 | PA      | $85034.19     | 0.08%             | 2040-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Cypress-Fairbanks Independent School District                                    | Cypress-Fairbanks Independent School District, Series 2022A                                         | CUSIP: 232769LK3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $25628.32     | 0.02%             | 2038-02-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| State of Wisconsin                                                               | State of Wisconsin, Series 2020B                                                                    | CUSIP: 97705MTU9<br>LEI: 549300VTAT608CNZ5827 | Long             | DBT              | MUN               | US        |     90000 | PA      | $96254.67     | 0.09%             | 2030-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Ohio                                                                    | State of Ohio, Series 2016S                                                                         | CUSIP: 677522KV5<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |     35000 | PA      | $35073.56     | 0.03%             | 2026-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Rhode Island                                                            | State of Rhode Island, Series 2022A                                                                 | CUSIP: 762223NT8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |      5000 | PA      | $5349.66      | 0.00%             | 2040-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Fulton GA Water & Sewerage Revenue                                     | County of Fulton, Series 2025                                                                       | CUSIP: 360066PZ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $112913.38    | 0.10%             | 2033-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                              | City of New York, Series 2024C                                                                      | CUSIP: 64966SAM8<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |     30000 | PA      | $32871.13     | 0.03%             | 2037-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois State Toll Highway Authority                                            | Illinois State Toll Highway Authority, Series 2024A                                                 | CUSIP: 452252QM4<br>LEI: 549300ISBFGI8MJJKM98 | Long             | DBT              | MUN               | US        |     50000 | PA      | $56065.64     | 0.05%             | 2033-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Conroe Independent School District                                               | Conroe Independent School District, Series 2024                                                     | CUSIP: 2084183S0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $27347.32     | 0.02%             | 2039-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | New York State Dormitory Authority, Series 2017B                                                    | CUSIP: 64990KBA0<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |     35000 | PA      | $35743.92     | 0.03%             | 2039-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Private Colleges & Universities Authority                                        | Private Colleges & Universities Authority, Series 2019A                                             | CUSIP: 74265LR91<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $79974.74     | 0.07%             | 2033-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Harris County Regional Water Authority                                     | County of North Harris, Series 2016                                                                 | CUSIP: 65956NGT7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    135000 | PA      | $136912.41    | 0.12%             | 2030-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Government of Nashville & Davidson County TN                        | Metropolitan Government of Nashville & Davidson County, Series 2016                                 | CUSIP: 592112RM0<br>LEI: 549300GW8FVQJ3DU6O10 | Long             | DBT              | MUN               | US        |     75000 | PA      | $75448.85     | 0.07%             | 2028-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Aldine Independent School District                                               | Aldine Independent School District, Series 2024B                                                    | CUSIP: 014393A77<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     90000 | PA      | $91980.95     | 0.08%             | 2027-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pierce County School District No. 3 Puyallup                                     | Pierce County School District No. 3, Series 2017                                                    | CUSIP: 720390ZL0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $102902.25    | 0.09%             | 2030-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Texas Tollway Authority                                                    | North Texas Tollway Authority, Series B                                                             | CUSIP: 66285WXC5<br>LEI: PQGZGRE0F2WPMYQQ1B78 | Long             | DBT              | MUN               | US        |    150000 | PA      | $152171.31    | 0.13%             | 2032-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Clark NV Passenger Facility Charge Revenue                             | County of Clark, Series 2019E                                                                       | CUSIP: 181006HP5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $21400.85     | 0.02%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                                 | Pennsylvania Turnpike Commission, Series 2023A                                                      | CUSIP: 709225HS8<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |     80000 | PA      | $88278.11     | 0.08%             | 2037-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kern Community College District                                                  | Kern Community College District, Series 2023E                                                       | CUSIP: 492244HJ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $56462.73     | 0.05%             | 2038-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Council                                                             | Metropolitan Council, Series 2026A                                                                  | CUSIP: 5918527L6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $84265.30     | 0.07%             | 2039-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Sales Tax Securitization Corp.                                                   | Sales Tax Securitization Corp., Series 2018C                                                        | CUSIP: 79467BCA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $26518.03     | 0.02%             | 2032-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | New York State Dormitory Authority, Series 2016A                                                    | CUSIP: 64990AFC4<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |    100000 | PA      | $101057.25    | 0.09%             | 2032-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Dallas Independent School District                                               | Dallas Independent School District, Series 2023                                                     | CUSIP: 235308K85<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $27700.17     | 0.02%             | 2033-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Ohio                                                                    | State of Ohio, Series 2025A                                                                         | CUSIP: 677523KS0<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |     30000 | PA      | $34220.05     | 0.03%             | 2036-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Orlando FL Tourist Development Tax Revenue                               | City of Orlando, Series A                                                                           | CUSIP: 686499BX1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     95000 | PA      | $97750.16     | 0.09%             | 2032-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fort Bend Independent School District                                            | Fort Bend Independent School District, Series 2019B                                                 | CUSIP: 346843PS8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     40000 | PA      | $41713.85     | 0.04%             | 2029-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue          | New York City Transitional Finance Authority, Series 2023E1                                         | CUSIP: 64971X4X3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $22149.73     | 0.02%             | 2035-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Oklahoma Capitol Improvement Authority                                           | Oklahoma Capitol Improvement Authority, Series 2016                                                 | CUSIP: 678514BS8<br>LEI: 549300LYHYBINTZ5AY71 | Long             | DBT              | MUN               | US        |    100000 | PA      | $100351.65    | 0.09%             | 2032-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Idaho Housing & Finance Association                                              | Idaho Housing & Finance Association, Series 2019A                                                   | CUSIP: 45129WPQ7<br>LEI: 5493002WM3NYB1LQB744 | Long             | DBT              | MUN               | US        |     85000 | PA      | $89241.27     | 0.08%             | 2036-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of Alabama (The)                                                      | University of Alabama (The), Series 2019A                                                           | CUSIP: 914026UF4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     35000 | PA      | $36069.05     | 0.03%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Board of Regents of the University of Texas System                               | Board of Regents of the University of Texas System, Series 2020A                                    | CUSIP: 91514AJW6<br>LEI: TEHUYFNKZR6XVWLGEU86 | Long             | DBT              | MUN               | US        |     40000 | PA      | $43753.18     | 0.04%             | 2030-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Sales Tax Securitization Corp.                                                   | Sales Tax Securitization Corp., Series 2024A                                                        | CUSIP: 79467BHS7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     60000 | PA      | $64709.63     | 0.06%             | 2039-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Austin TX                                                                | City of Austin, Series 2025                                                                         | CUSIP: 0523973G9<br>LEI: IW10PQVTU7HKS3JMW253 | Long             | DBT              | MUN               | US        |     35000 | PA      | $38256.31     | 0.03%             | 2030-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southeastern Pennsylvania Transportation Authority                               | Southeastern Pennsylvania Transportation Authority, Series 2022                                     | CUSIP: 842039FJ3<br>LEI: 98450061A2F3FD36E493 | Long             | DBT              | MUN               | US        |    100000 | PA      | $107585.40    | 0.10%             | 2038-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DuPage County School District No. 58 Downers Grove                               | DuPage County School District No. 58, Series 2022                                                   | CUSIP: 263165JN3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    140000 | PA      | $153401.82    | 0.14%             | 2038-12-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                                 | Pennsylvania Turnpike Commission, Series 2024A                                                      | CUSIP: 709225JN7<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |     20000 | PA      | $22500.03     | 0.02%             | 2034-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of Utah (The)                                                         | University of Utah, Series 2023A                                                                    | CUSIP: 9151832U0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     85000 | PA      | $91572.24     | 0.08%             | 2039-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Nassau NY                                                              | County of Nassau, Series 2016B                                                                      | CUSIP: 63165TRJ6<br>LEI: 549300ICRCGQYCPS7T40 | Long             | DBT              | MUN               | US        |     25000 | PA      | $25289.17     | 0.02%             | 2027-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Montgomery MD                                                          | County of Montgomery, Series 2021A                                                                  | CUSIP: 61334PDV2<br>LEI: 549300GNX5SDUEBKPK13 | Long             | DBT              | MUN               | US        |     20000 | PA      | $21940.03     | 0.02%             | 2030-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of San Antonio TX                                                           | City of San Antonio, Series 2019                                                                    | CUSIP: 79623PCU7<br>LEI: 549300S7VENCVRZAA322 | Long             | DBT              | MUN               | US        |     65000 | PA      | $67158.44     | 0.06%             | 2027-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Connecticut Special Tax Revenue                                         | State of Connecticut, Series 2024A2                                                                 | CUSIP: 207758U27<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $22646.42     | 0.02%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Massachusetts Federal Highway Grant Anticipation Note Revenue    | Commonwealth of Massachusetts, Series 2016A                                                         | CUSIP: 57583PGX1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     15000 | PA      | $15067.50     | 0.01%             | 2027-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Multnomah County School District No. 1J Portland                                 | Multnomah County School District No. 1J, Series 2023                                                | CUSIP: 625517NQ6<br>LEI: 5493002CTP8R8T4OPS64 | Long             | DBT              | MUN               | US        |     10000 | PA      | $10293.78     | 0.01%             | 2027-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Eagle County School District No. Re50J                                           | Eagle County School District No. Re50J, Series 2017                                                 | CUSIP: 269479JG7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     40000 | PA      | $40676.45     | 0.04%             | 2029-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of West Virginia                                                           | State of West Virginia, Series 2018B                                                                | CUSIP: 956553C82<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     15000 | PA      | $15408.01     | 0.01%             | 2040-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Oregon State Lottery                                                             | Oregon State Lottery, Series 2023A                                                                  | CUSIP: 68607V4D4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $27055.06     | 0.02%             | 2040-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan State University                                                        | Michigan State University, Series 2023A                                                             | CUSIP: 594712YB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $82189.36     | 0.07%             | 2037-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Oregon                                                                  | State of Oregon, Series 2019A                                                                       | CUSIP: 68609TLH9<br>LEI: 549300R5SUGZRD8KP359 | Long             | DBT              | MUN               | US        |     35000 | PA      | $37023.56     | 0.03%             | 2034-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Water Development Board                                                    | Texas Water Development Board, Series 2021                                                          | CUSIP: 8828546R8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     45000 | PA      | $46494.31     | 0.04%             | 2027-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Municipal Improvement Corp. of Los Angeles                                       | Municipal Improvement Corp. of Los Angeles, Series 2016B                                            | CUSIP: 544587H68<br>LEI: 549300ZJ0YLTZNSR8F57 | Long             | DBT              | MUN               | US        |     80000 | PA      | $80009.07     | 0.07%             | 2036-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Cypress-Fairbanks Independent School District                                    | Cypress-Fairbanks Independent School District, Series 2023A                                         | CUSIP: 232769MZ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    125000 | PA      | $135422.21    | 0.12%             | 2039-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indianapolis Local Public Improvement Bond Bank                                  | Indianapolis Local Public Improvement Bond Bank, Series 2021A                                       | CUSIP: 45528UT50<br>LEI: 549300LX8ESJHDSESB87 | Long             | DBT              | MUN               | US        |     35000 | PA      | $34981.64     | 0.03%             | 2039-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| State of Kansas Department of Transportation                                     | State of Kansas, Series 2025A                                                                       | CUSIP: 485424TT2<br>LEI: 5493001635XK841MIO47 | Long             | DBT              | MUN               | US        |     30000 | PA      | $34086.03     | 0.03%             | 2033-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Clark NV                                                               | County of Clark, Series 2018A                                                                       | CUSIP: 180848WX7<br>LEI: 549300LDD8NZB2EOVG83 | Long             | DBT              | MUN               | US        |     20000 | PA      | $21042.51     | 0.02%             | 2029-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Jacksonville FL                                                          | City of Jacksonville, Series 2023A                                                                  | CUSIP: 469487UQ3<br>LEI: 549300XQE0JVN9WV0J40 | Long             | DBT              | MUN               | US        |     60000 | PA      | $67014.68     | 0.06%             | 2032-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington Metropolitan Area Transit Authority Dedicated Revenue                 | Washington Metropolitan Area Transit Authority, Series 2021A                                        | CUSIP: 93878YBM0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $75418.57     | 0.07%             | 2038-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Kentucky Public Energy Authority                                                 | Kentucky Public Energy Authority, Series 2025C                                                      | CUSIP: 74440DGL2<br>LEI: 549300XEJZWHYSY4SL55 | Long             | DBT              | MUN               | US        |    125000 | PA      | $131553.49    | 0.12%             | 2036-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kentucky State Property & Building Commission                                    | Kentucky State Property & Building Commission, Series A                                             | CUSIP: 49151F6K1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     45000 | PA      | $49826.13     | 0.04%             | 2039-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Oregon Department of Transportation                                     | State of Oregon, Series 2024                                                                        | CUSIP: 68606UAL2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     40000 | PA      | $45086.87     | 0.04%             | 2035-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia Income Tax Revenue                                          | District of Columbia, Series 2022A                                                                  | CUSIP: 25477GUP8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     65000 | PA      | $70683.72     | 0.06%             | 2037-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                  | California Community Choice Financing Authority, Series 2025B                                       | CUSIP: 13013JGF7<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |    250000 | PA      | $269086.75    | 0.24%             | 2056-03-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles County Metropolitan Transportation Authority Sales Tax Revenue       | Los Angeles County Metropolitan Transportation Authority, Series 2021A                              | CUSIP: 54466HKT2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $54591.53     | 0.05%             | 2039-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Houston Independent School District                                              | Houston Independent School District, Series 2025B                                                   | CUSIP: 442403RE3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     40000 | PA      | $40859.45     | 0.04%             | 2027-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power Water System Revenue                     | Los Angeles Department of Water & Power, Series 2024A                                               | CUSIP: 544525U71<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $80729.47     | 0.07%             | 2039-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                   | New Jersey Transportation Trust Fund Authority, Series 2023A                                        | CUSIP: 64613CCU0<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |    100000 | PA      | $101079.41    | 0.09%             | 2040-06-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Ohio Water Development Authority Water Pollution Control Loan Fund               | Ohio Water Development Authority, Series 2023C                                                      | CUSIP: 67766WM74<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $85195.82     | 0.08%             | 2033-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| West Virginia Parkways Authority                                                 | West Virginia Parkways Authority, Series 2021                                                       | CUSIP: 956510BR1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $21418.95     | 0.02%             | 2037-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Phoenix Civic Improvement Corp.                                          | City of Phoenix Civic Improvement Corp., Series 2021A                                               | CUSIP: 71883RRC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     35000 | PA      | $37821.86     | 0.03%             | 2037-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of California                                                         | University of California, Series 2022S                                                              | CUSIP: 91412HLU5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $22334.35     | 0.02%             | 2033-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                              | City of New York, Series 2024D                                                                      | CUSIP: 64966SCD6<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |     25000 | PA      | $27053.25     | 0.02%             | 2039-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | Indiana Finance Authority, Series 2022B                                                             | CUSIP: 45506EFL2<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |     45000 | PA      | $48851.62     | 0.04%             | 2030-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DuPage County School District No. 58 Downers Grove                               | DuPage County School District No. 58, Series 2022                                                   | CUSIP: 263165JP8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $109125.39    | 0.10%             | 2039-12-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | Indiana Finance Authority, Series 2025C                                                             | CUSIP: 45506ELX9<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |     35000 | PA      | $38608.98     | 0.03%             | 2031-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Phoenix Civic Improvement Corp.                                          | City of Phoenix Civic Improvement Corp., Series 2019A                                               | CUSIP: 718846AZ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $25992.01     | 0.02%             | 2038-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Harris County Regional Water Authority                                     | County of North Harris, Series 2016                                                                 | CUSIP: 65956NGV2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     45000 | PA      | $45596.32     | 0.04%             | 2032-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maryland State Transportation Authority                                          | Maryland State Transportation Authority, Series 2021A                                               | CUSIP: 574300MV8<br>LEI: 254900MKNK0MO0Z4X426 | Long             | DBT              | MUN               | US        |     25000 | PA      | $25779.56     | 0.02%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Louisville and Jefferson County Metropolitan Sewer District                      | Louisville and Jefferson County Metropolitan Sewer District, Series 2024A                           | CUSIP: 5465892W1<br>LEI: 5493004O4I11L8BK0A22 | Long             | DBT              | MUN               | US        |     60000 | PA      | $66581.97     | 0.06%             | 2038-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Louisiana                                                               | State of Louisiana, Series 2022A                                                                    | CUSIP: 546417GA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     55000 | PA      | $59731.03     | 0.05%             | 2036-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Hillsboro School District No. 1J                                                 | Hillsboro School District No. 1J, Series 2017                                                       | CUSIP: 939307JC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $30790.29     | 0.03%             | 2031-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Delaware                                                                | State of Delaware, Series 2022                                                                      | CUSIP: 246381RM1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     60000 | PA      | $64168.33     | 0.06%             | 2029-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of Utah (The)                                                         | University of Utah (The), Series 2023A                                                              | CUSIP: 9151832V8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $26838.65     | 0.02%             | 2040-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan State University                                                        | Michigan State University, Series 2023A                                                             | CUSIP: 594712XL0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $32316.54     | 0.03%             | 2029-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lower Colorado River Authority                                                   | Lower Colorado River Authority, Series 2022                                                         | CUSIP: 54811BYM7<br>LEI: 549300QJFPW2NNBYR215 | Long             | DBT              | MUN               | US        |     50000 | PA      | $53190.45     | 0.05%             | 2037-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| M-S-R Energy Authority                                                           | M-S-R Energy Authority, Series 2009A                                                                | CUSIP: 55374SAB6<br>LEI: 549300UEMSS1JTK5YB98 | Long             | DBT              | MUN               | US        |    150000 | PA      | $177434.12    | 0.16%             | 2034-11-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| El Paso Independent School District                                              | El Paso Independent School District, Series 2019                                                    | CUSIP: 283770MA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $75874.10     | 0.07%             | 2035-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| State of Washington                                                              | State of Washington, Series 2020C                                                                   | CUSIP: 93974EEA0<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |     50000 | PA      | $52230.83     | 0.05%             | 2028-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Rosemount-Apple Valley-Eagan Independent School District No. 196                 | Rosemount-Apple Valley-Eagan Independent School District No. 196, Series 2023A                      | CUSIP: 777594ZN5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $27673.18     | 0.02%             | 2034-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois Sales Tax Revenue                                              | State of Illinois, Series 2024B                                                                     | CUSIP: 452227UP4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     65000 | PA      | $70060.06     | 0.06%             | 2038-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                          | Los Angeles Department of Water & Power, Series 2018A                                               | CUSIP: 5444954G6<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |    130000 | PA      | $134618.42    | 0.12%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Virginia College Building Authority                                              | Virginia College Building Authority, Series 2024A                                                   | CUSIP: 92778VPH5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     15000 | PA      | $16479.85     | 0.01%             | 2039-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                              | City of New York, Series 2023E1                                                                     | CUSIP: 64966QY38<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |     25000 | PA      | $27680.12     | 0.02%             | 2034-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | Indiana Finance Authority, Series 2018A                                                             | CUSIP: 45506DR23<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |     50000 | PA      | $51043.48     | 0.05%             | 2027-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Government of Nashville & Davidson County TN Water & Sewer Revenue  | Metropolitan Government of Nashville & Davidson County, Series 2025                                 | CUSIP: 5920982Y2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     60000 | PA      | $65526.92     | 0.06%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Oregon                                                                  | State of Oregon, Series 2025A                                                                       | CUSIP: 68609UPF6<br>LEI: 549300R5SUGZRD8KP359 | Long             | DBT              | MUN               | US        |     70000 | PA      | $79621.58     | 0.07%             | 2036-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Maryland Department of Transportation                                   | State of Maryland, Series 2022B                                                                     | CUSIP: 574204U92<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     45000 | PA      | $48775.55     | 0.04%             | 2029-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Pennsylvania                                                     | Commonwealth of Pennsylvania, Series 2024-1                                                         | CUSIP: 70914P3Y6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    145000 | PA      | $164849.28    | 0.15%             | 2034-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Dallas TX Waterworks & Sewer System Revenue                              | City of Dallas, Series 2016A                                                                        | CUSIP: 23542JAT2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $151518.62    | 0.13%             | 2034-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ohio Water Development Authority Water Pollution Control Loan Fund               | Ohio Water Development Authority, Series 2020A                                                      | CUSIP: 67766WYS5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $27142.34     | 0.02%             | 2032-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                                 | Pennsylvania Turnpike Commission, Series 2025-1                                                     | CUSIP: 709225RG3<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |     15000 | PA      | $16563.54     | 0.01%             | 2040-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Louisiana                                                               | State of Louisiana, Series 2021A                                                                    | CUSIP: 546417ET9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     45000 | PA      | $49227.03     | 0.04%             | 2033-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | Indiana Finance Authority, Series 2023B                                                             | CUSIP: 45506EKA0<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |     40000 | PA      | $45099.01     | 0.04%             | 2033-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pierce County School District No. 3 Puyallup                                     | Pierce County School District No. 3, Series 2017                                                    | CUSIP: 720390ZM8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $154265.78    | 0.14%             | 2031-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Houston                                                                  | City of Houston, Series 2016B                                                                       | CUSIP: 44244CGJ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     80000 | PA      | $81207.44     | 0.07%             | 2026-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Minnesota Municipal Gas Agency                                                   | Minnesota Municipal Gas Agency, Series 2026A                                                        | CUSIP: 60406XAJ0<br>LEI: 549300SISI6N1C6S3136 | Long             | DBT              | MUN               | US        |    200000 | PA      | $206065.96    | 0.18%             | 2035-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Hawaii                                                                  | State of Hawaii, Series FN                                                                          | CUSIP: 419792SJ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $51754.23     | 0.05%             | 2029-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Louisiana                                                               | State of Louisiana, Series 2023                                                                     | CUSIP: 54641CBG9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10919.22     | 0.01%             | 2030-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Oregon Department of Transportation                                     | State of Oregon, Series 2024A                                                                       | CUSIP: 68607DWX9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     15000 | PA      | $16489.15     | 0.01%             | 2030-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Austin Independent School District                                               | Austin Independent School District, Series 2022B                                                    | CUSIP: 052430UQ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $30988.19     | 0.03%             | 2027-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Michigan Trunk Line Revenue                                             | State of Michigan, Series 2023                                                                      | CUSIP: 5946954C9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $22538.43     | 0.02%             | 2034-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Houston Independent School District                                              | Houston Independent School District, Series 2025A                                                   | CUSIP: 442403QN4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     55000 | PA      | $61387.33     | 0.05%             | 2032-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Columbus OH                                                              | City of Columbus, Series 2022A                                                                      | CUSIP: 199492T66<br>LEI: 254900NS3ODS0FZ3AM48 | Long             | DBT              | MUN               | US        |     55000 | PA      | $60759.35     | 0.05%             | 2035-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | New York State Dormitory Authority, Series 2023A                                                    | CUSIP: 65000BYT9<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |     90000 | PA      | $97663.84     | 0.09%             | 2036-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Water District of Southern California                               | Metropolitan Water District of Southern California, Series 2022B                                    | CUSIP: 59266TVM0<br>LEI: 5493003GD0S0P56RLT45 | Long             | DBT              | MUN               | US        |     45000 | PA      | $49522.90     | 0.04%             | 2040-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Union NC Enterprise System Revenue                                     | County of Union, Series 2021                                                                        | CUSIP: 906400FX9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $18476.13     | 0.02%             | 2037-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| County of Blount TN                                                              | County of Blount, Series 2016B                                                                      | CUSIP: 095167TB8<br>LEI: 54930071RP1NB2WPW616 | Long             | DBT              | MUN               | US        |     25000 | PA      | $25085.92     | 0.02%             | 2029-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Louisiana                                                               | State of Louisiana, Series 2023A                                                                    | CUSIP: 546417GX8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $55363.54     | 0.05%             | 2036-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Crown Point Multi School Building Corp.                                          | Crown Point Multi School Building Corp., Series 2021                                                | CUSIP: 228485LF3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    140000 | PA      | $150381.91    | 0.13%             | 2034-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pecos Barstow Toyah Independent School District                                  | Pecos Barstow Toyah Independent School District, Series 2023                                        | CUSIP: 705227HF6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $31189.00     | 0.03%             | 2031-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Jacksonville FL                                                          | City of Jacksonville, Series 2023A                                                                  | CUSIP: 469487UW0<br>LEI: 549300XQE0JVN9WV0J40 | Long             | DBT              | MUN               | US        |     25000 | PA      | $27365.57     | 0.02%             | 2038-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of King WA                                                                | County of King, Series 2019                                                                         | CUSIP: 49474FVS6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     70000 | PA      | $74298.47     | 0.07%             | 2032-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Clark County School District No. 114 Evergreen                                   | Clark County School District No. 114, Series 2019                                                   | CUSIP: 181234P58<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $31987.32     | 0.03%             | 2031-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Rosemount-Apple Valley-Eagan Independent School District No. 196                 | Rosemount-Apple Valley-Eagan Independent School District No. 196, Series 2023A                      | CUSIP: 777594ZP0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $27533.08     | 0.02%             | 2035-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Idaho Housing & Finance Association                                              | Idaho Housing & Finance Association, Series 2023A                                                   | CUSIP: 45130ABF1<br>LEI: 5493002WM3NYB1LQB744 | Long             | DBT              | MUN               | US        |    140000 | PA      | $157401.73    | 0.14%             | 2032-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power Water System Revenue                     | Los Angeles Department of Water & Power, Series 2022B                                               | CUSIP: 544525E61<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     35000 | PA      | $38415.31     | 0.03%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Nevada Highway Improvement Revenue                                      | State of Nevada, Series 2018                                                                        | CUSIP: 641480JT6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    130000 | PA      | $136354.75    | 0.12%             | 2031-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Washington                                                              | State of Washington, Series 2024C                                                                   | CUSIP: 93974ES72<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |    135000 | PA      | $137794.85    | 0.12%             | 2027-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Delaware Transportation Authority                                                | Delaware Transportation Authority, Series 2020                                                      | CUSIP: 246428J98<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     55000 | PA      | $57973.70     | 0.05%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Board of Regents of the University of Texas System                               | Board of Regents of the University of Texas System, Series 2019A                                    | CUSIP: 91514AJL0<br>LEI: TEHUYFNKZR6XVWLGEU86 | Long             | DBT              | MUN               | US        |     45000 | PA      | $48039.99     | 0.04%             | 2032-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kentucky State Property & Building Commission                                    | Kentucky State Property & Building Commission, Series B                                             | CUSIP: 49151FNM8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     40000 | PA      | $40582.77     | 0.04%             | 2028-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Carolina Public Service Authority                                          | South Carolina Public Service Authority, Series 2016A                                               | CUSIP: 83715BDE4<br>LEI: EMBXY64GWKA9MZGFUD26 | Long             | DBT              | MUN               | US        |     30000 | PA      | $30056.45     | 0.03%             | 2038-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Oregon State Lottery                                                             | Oregon State Lottery, Series 2025A                                                                  | CUSIP: 68607V6N0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $11021.05     | 0.01%             | 2040-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Utah Transit Authority                                                           | Utah State Transit Authority, Series 2025                                                           | CUSIP: 917567JE0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     40000 | PA      | $44637.18     | 0.04%             | 2031-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of Houston                                                            | University of Houston, Series 2017A                                                                 | CUSIP: 914302CN2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $25015.55     | 0.02%             | 2036-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Water Development Board                                                    | Texas Water Development Board, Series 2017A                                                         | CUSIP: 882854ZX3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $31139.10     | 0.03%             | 2028-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                              | City of New York, Series 2018E1                                                                     | CUSIP: 64966MWZ8<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |     75000 | PA      | $78001.85     | 0.07%             | 2032-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Birmingham Regional Water Works                                          | Birmingham City Waterworks Board, Series 2016A                                                      | CUSIP: 091096KZ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $50019.74     | 0.04%             | 2038-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| King County School District No. 405 Bellevue                                     | King County School District No. 405, Series 2016                                                    | CUSIP: 495098YW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    155000 | PA      | $157621.24    | 0.14%             | 2029-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | Illinois Finance Authority, Series 2019                                                             | CUSIP: 45204EX52<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |     60000 | PA      | $64022.92     | 0.06%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | Illinois Finance Authority, Series 2019                                                             | CUSIP: 45204EX60<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    110000 | PA      | $117296.49    | 0.10%             | 2032-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Dallas TX                                                                | City of Dallas, Series 2019A                                                                        | CUSIP: 235219PQ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $105754.68    | 0.09%             | 2032-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Florida                                                                 | State of Florida, Series 2019C                                                                      | CUSIP: 34153QRF5<br>LEI: 5493004G5XFOOUT0LQ57 | Long             | DBT              | MUN               | US        |     25000 | PA      | $26321.48     | 0.02%             | 2028-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City & County of Denver CO Airport System Revenue                                | City & County of Denver, Series 2019C                                                               | CUSIP: 249182NF9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10801.29     | 0.01%             | 2029-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Florida                                                                 | State of Florida, Series 2017B                                                                      | CUSIP: 34153QKR6<br>LEI: 5493004G5XFOOUT0LQ57 | Long             | DBT              | MUN               | US        |     10000 | PA      | $10262.38     | 0.01%             | 2030-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia                                                             | District of Columbia, Series 2020                                                                   | CUSIP: 25483VWN0<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |     75000 | PA      | $76210.89     | 0.07%             | 2026-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Unified School District                                              | Los Angeles Unified School District, Series 2023A                                                   | CUSIP: 544648XP8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     80000 | PA      | $89359.03     | 0.08%             | 2037-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Orlando Utilities Commission                                                     | Orlando Utilities Commission, Series 2018A                                                          | CUSIP: 686507JB1<br>LEI: 549300EJR7JVMRXL5D66 | Long             | DBT              | MUN               | US        |     35000 | PA      | $35931.50     | 0.03%             | 2035-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Iowa Finance Authority                                                           | Iowa Finance Authority, Series 2020A                                                                | CUSIP: 46246K7N6<br>LEI: 549300NQVL49BTHOW391 | Long             | DBT              | MUN               | US        |     70000 | PA      | $75919.20     | 0.07%             | 2033-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ohio Water Development Authority Water Pollution Control Loan Fund               | Ohio Water Development Authority, Series 2020A                                                      | CUSIP: 67766WYV8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    130000 | PA      | $140411.91    | 0.12%             | 2033-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Idaho Housing & Finance Association                                              | Idaho Housing & Finance Association, Series 2023A                                                   | CUSIP: 45130ABL8<br>LEI: 5493002WM3NYB1LQB744 | Long             | DBT              | MUN               | US        |     20000 | PA      | $22144.73     | 0.02%             | 2037-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | State of Illinois, Series 2023B                                                                     | CUSIP: 452153EZ8<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |     50000 | PA      | $54201.65     | 0.05%             | 2033-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Delaware Valley Regional Finance Authority                                       | Delaware Valley Regional Finance Authority, Series 2002                                             | CUSIP: 246579GC4<br>LEI: 549300HGYP3NW885TT18 | Long             | DBT              | MUN               | US        |     30000 | PA      | $34442.74     | 0.03%             | 2032-07-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Austin Independent School District                                               | Austin Independent School District, Series 2024                                                     | CUSIP: 052430WH4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $105550.39    | 0.09%             | 2028-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Philadelphia PA                                                          | City of Philadelphia, Series 2025A                                                                  | CUSIP: 717813A66<br>LEI: 549300IVFOPB4AG7UL47 | Long             | DBT              | MUN               | US        |     10000 | PA      | $11270.82     | 0.01%             | 2036-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Austin TX                                                                | City of Austin, Series 2023                                                                         | CUSIP: 052397J49<br>LEI: IW10PQVTU7HKS3JMW253 | Long             | DBT              | MUN               | US        |     35000 | PA      | $39204.03     | 0.03%             | 2032-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Harris County Flood Control District                                             | Harris County Flood Control District, Series 2017A                                                  | CUSIP: 4140186V8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $20564.46     | 0.02%             | 2032-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FYI Properties                                                                   | FYI Properties, Series 2019                                                                         | CUSIP: 302716BH7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $26217.61     | 0.02%             | 2029-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan State Building Authority                                                | Michigan State Building Authority, Series 2016I                                                     | CUSIP: 594615FH4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     40000 | PA      | $40500.61     | 0.04%             | 2027-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Clark NV                                                               | County of Clark, Series 2018A                                                                       | CUSIP: 180848XA6<br>LEI: 549300LDD8NZB2EOVG83 | Long             | DBT              | MUN               | US        |    100000 | PA      | $104735.32    | 0.09%             | 2032-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Utah                                                                    | State of Utah, Series 2019                                                                          | CUSIP: 917542VZ2<br>LEI: 254900RWV9NSVUZONC07 | Long             | DBT              | MUN               | US        |     25000 | PA      | $26553.87     | 0.02%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Transportation Commission                                                  | Texas Transportation Commission, Series 2024                                                        | CUSIP: 882830BZ4<br>LEI: 5493006JSGNPGVJS7691 | Long             | DBT              | MUN               | US        |     40000 | PA      | $43574.70     | 0.04%             | 2039-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| West Virginia Commissioner of Highways                                           | West Virginia Commissioner of Highways, Series 2017A                                                | CUSIP: 95649ACN2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $51594.01     | 0.05%             | 2028-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Seminole County School District Sales Tax Revenue                                | Seminole County School District, Series 2025                                                        | CUSIP: 816696AH1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     40000 | PA      | $44776.68     | 0.04%             | 2032-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Ohio                                                                    | State of Ohio, Series 2025A                                                                         | CUSIP: 677523JC7<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |     50000 | PA      | $53601.44     | 0.05%             | 2029-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Alabama Public School and College Authority                                      | Alabama Public School and College Authority, Series 2020A                                           | CUSIP: 010609FT7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    125000 | PA      | $132031.30    | 0.12%             | 2039-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Harris County Flood Control District                                             | Harris County Flood Control District, Series 2022A                                                  | CUSIP: 414019BM0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     45000 | PA      | $49553.58     | 0.04%             | 2037-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue          | New York City Transitional Finance Authority, Series 2023E1                                         | CUSIP: 64971X5B0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     15000 | PA      | $16132.15     | 0.01%             | 2039-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Great Lakes Water Authority Sewage Disposal System Revenue                       | Great Lakes Water Authority, Series 2023B                                                           | CUSIP: 39081HET5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     40000 | PA      | $45309.47     | 0.04%             | 2034-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of California                                                              | State of California, Series 2025                                                                    | CUSIP: 13063ENT9<br>LEI: 9845007J7054602FF597 | Long             | DBT              | MUN               | US        |     25000 | PA      | $28440.19     | 0.03%             | 2033-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Washington                                                              | State of Washington, Series 2020C                                                                   | CUSIP: 93974EEE2<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |     25000 | PA      | $27049.10     | 0.02%             | 2032-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Atlanta Rapid Transit Authority                                     | Metropolitan Atlanta Rapid Transit Authority, Series 2007A                                          | CUSIP: 591745B94<br>LEI: 5493006NVWO3NVLK0F49 | Long             | DBT              | MUN               | US        |     85000 | PA      | $92285.60     | 0.08%             | 2029-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Texas Municipal Gas Acquisition & Supply Corp. III                               | Texas Municipal Gas Acquisition & Supply Corp. III, Series 2021                                     | CUSIP: 88256HBE7<br>LEI: 0UDITKOYW0YKG3BBP242 | Long             | DBT              | MUN               | US        |     90000 | PA      | $94432.67     | 0.08%             | 2029-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power Water System Revenue                     | Los Angeles Department of Water & Power, Series 2024B                                               | CUSIP: 544525X86<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     15000 | PA      | $16314.87     | 0.01%             | 2038-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Central Plains Energy Project                                                    | Central Plains Energy Project, Series 2017A                                                         | CUSIP: 154871CK1<br>LEI: SVQOT7V5CPLIGNP5BE29 | Long             | DBT              | MUN               | US        |    150000 | PA      | $156900.39    | 0.14%             | 2034-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Long Island Power Authority                                                      | Long Island Power Authority, Series 2023E                                                           | CUSIP: 542691HF0<br>LEI: 1R46U5SYJ63KQXF39168 | Long             | DBT              | MUN               | US        |     45000 | PA      | $49737.55     | 0.04%             | 2038-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Clark NV                                                               | County of Clark, Series 2018                                                                        | CUSIP: 180848YW7<br>LEI: 549300LDD8NZB2EOVG83 | Long             | DBT              | MUN               | US        |     80000 | PA      | $84279.37     | 0.07%             | 2033-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Authority for Colorado Energy                                             | Public Authority for Colorado Energy, Series 2008                                                   | CUSIP: 744387AD3<br>LEI: 549300C6IJKXQOMRAB11 | Long             | DBT              | MUN               | US        |    140000 | PA      | $165589.40    | 0.15%             | 2038-11-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| University of Alabama (The)                                                      | University of Alabama (The), Series 2019A                                                           | CUSIP: 914026UL1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     70000 | PA      | $74630.32     | 0.07%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Oklahoma Capitol Improvement Authority                                           | Oklahoma Capitol Improvement Authority, Series 2016                                                 | CUSIP: 678514BR0<br>LEI: 549300LYHYBINTZ5AY71 | Long             | DBT              | MUN               | US        |     20000 | PA      | $20119.69     | 0.02%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                  | California Community Choice Financing Authority, Series 2025A                                       | CUSIP: 13013JFX9<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |     50000 | PA      | $50647.48     | 0.04%             | 2056-01-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Board of Regents of the University of Texas System                               | Board of Regents of the University of Texas System, Series 2016E                                    | CUSIP: 91514AEM3<br>LEI: TEHUYFNKZR6XVWLGEU86 | Long             | DBT              | MUN               | US        |     85000 | PA      | $87831.65     | 0.08%             | 2027-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Purdue University                                                                | Purdue University, Series 2025A                                                                     | CUSIP: 746189G52<br>LEI: 254900FDUYUVV8EQOC75 | Long             | DBT              | MUN               | US        |     75000 | PA      | $84917.96     | 0.08%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Chicago IL Waterworks Revenue                                            | City of Chicago, Series 2024A                                                                       | CUSIP: 167736Y92<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     55000 | PA      | $60167.25     | 0.05%             | 2036-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                          | Los Angeles Department of Water & Power, Series 2023A                                               | CUSIP: 544532GL2<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |     20000 | PA      | $20907.29     | 0.02%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                                       | Michigan Finance Authority, Series 2016B                                                            | CUSIP: 59447TNX7<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |     40000 | PA      | $40482.85     | 0.04%             | 2027-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                   | New Jersey Transportation Trust Fund Authority, Series 2024A                                        | CUSIP: 64613CEM6<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |     40000 | PA      | $45196.44     | 0.04%             | 2035-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                              | City of New York, Series 2017A1                                                                     | CUSIP: 64966MFC8<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |     75000 | PA      | $75492.54     | 0.07%             | 2033-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Austin TX Electric Utility Revenue                                       | City of Austin, Series 2025                                                                         | CUSIP: 052414WS4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     15000 | PA      | $15577.99     | 0.01%             | 2027-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Tallahassee FL Utility System Revenue                                    | City of Tallahassee, Series 2024A                                                                   | CUSIP: 874461LZ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $55635.90     | 0.05%             | 2031-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Cypress-Fairbanks Independent School District                                    | Cypress-Fairbanks Independent School District, Series 2024B                                         | CUSIP: 232769PL7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $33730.06     | 0.03%             | 2035-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana University                                                               | Indiana University, Series 2024A                                                                    | CUSIP: 455168HH0<br>LEI: B4CW783SY7V2XEFJSQ64 | Long             | DBT              | MUN               | US        |     95000 | PA      | $108230.25    | 0.10%             | 2034-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Auburn University                                                                | Auburn University General Fee, Series 2025B                                                         | CUSIP: 050589TA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $33413.08     | 0.03%             | 2038-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Clark NV                                                               | County of Clark, Series 2018                                                                        | CUSIP: 180848ZA4<br>LEI: 549300LDD8NZB2EOVG83 | Long             | DBT              | MUN               | US        |     45000 | PA      | $45399.18     | 0.04%             | 2037-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| State of West Virginia                                                           | State of West Virginia, Series 2019A                                                                | CUSIP: 956553G54<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    165000 | PA      | $174627.87    | 0.15%             | 2034-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas State University System                                                    | Texas State University System, Series 2024                                                          | CUSIP: 88278PH98<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     70000 | PA      | $76996.64     | 0.07%             | 2038-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                                   | Black Belt Energy Gas District, Series 2023B                                                        | CUSIP: 09182NCT5<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |    140000 | PA      | $149427.56    | 0.13%             | 2053-12-01      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| Texas Water Development Board                                                    | Texas Water Development Board, Series 2021                                                          | CUSIP: 8828546W7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     65000 | PA      | $71794.12     | 0.06%             | 2032-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Wisconsin                                                               | State of Wisconsin, Series 2025-2                                                                   | CUSIP: 97705MM51<br>LEI: 549300VTAT608CNZ5827 | Long             | DBT              | MUN               | US        |     85000 | PA      | $87315.83     | 0.08%             | 2027-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | Indiana Finance Authority, Series 2021-1                                                            | CUSIP: 45505MJH0<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |    105000 | PA      | $108754.65    | 0.10%             | 2027-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Missouri Highway & Transportation Commission                                     | Missouri Highway & Transportation Commission, Series 2022A                                          | CUSIP: 60636WTF2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $26679.62     | 0.02%             | 2033-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| County of Williamson TX                                                          | County of Williamson, Series 2020                                                                   | CUSIP: 9698876E3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     35000 | PA      | $36560.69     | 0.03%             | 2028-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                          | Los Angeles Department of Water & Power, Series 2025D                                               | CUSIP: 544532RH9<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |    100000 | PA      | $108545.41    | 0.10%             | 2040-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago O'Hare International Airport                                             | Chicago O'Hare International Airport, Series 2018B                                                  | CUSIP: 167593L83<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     85000 | PA      | $88724.94     | 0.08%             | 2036-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pueblo School District No. 60                                                    | Pueblo School District No. 60, Series 2020                                                          | CUSIP: 744873GD6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $80352.40     | 0.07%             | 2032-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | Indiana Finance Authority, Series 2017A                                                             | CUSIP: 45470RDQ6<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |     25000 | PA      | $25987.35     | 0.02%             | 2033-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Iowa Finance Authority                                                           | Iowa Finance Authority, Series 2022                                                                 | CUSIP: 46246SAU9<br>LEI: 549300NQVL49BTHOW391 | Long             | DBT              | MUN               | US        |     30000 | PA      | $33786.17     | 0.03%             | 2050-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of California                                                         | University of California, Series 2017AV                                                             | CUSIP: 91412GW92<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10253.97     | 0.01%             | 2033-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Delaware Transportation Authority                                                | Delaware Transportation Authority, Series 2022                                                      | CUSIP: 246428N28<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    115000 | PA      | $127276.02    | 0.11%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lewisville Independent School District                                           | Lewisville Independent School District, Series 2020                                                 | CUSIP: 52882PEF1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $53810.59     | 0.05%             | 2029-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Klein Independent School District                                                | Klein Independent School District, Series 2023                                                      | CUSIP: 498531TW2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     40000 | PA      | $44737.80     | 0.04%             | 2034-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Charlotte NC Water & Sewer System Revenue                                | City of Charlotte, Series 2022A                                                                     | CUSIP: 161045RJ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $21528.61     | 0.02%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Spokane County School District No. 356 Central Valley                            | Spokane County School District No. 356, Series 2018                                                 | CUSIP: 848797QK5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     90000 | PA      | $90962.72     | 0.08%             | 2034-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Louisiana Stadium & Exposition District                                          | Louisiana Stadium & Exposition District, Series 2023A                                               | CUSIP: 546410CT6<br>LEI: 5493000QEHWDGVGH7J62 | Long             | DBT              | MUN               | US        |     70000 | PA      | $74713.63     | 0.07%             | 2040-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Denver City & County School District No. 1                                       | Denver City & County School District No. 1, Series 2021                                             | CUSIP: 249174XS7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     45000 | PA      | $41437.50     | 0.04%             | 2036-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| University of Colorado                                                           | University of Colorado, Series 2024A                                                                | CUSIP: 91417NHY4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $32932.46     | 0.03%             | 2030-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Gainesville FL Utilities System Revenue                                  | City of Gainesville, Series 2017A                                                                   | CUSIP: 362848UK7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     15000 | PA      | $15332.41     | 0.01%             | 2037-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southeast Energy Authority A Cooperative District                                | Southeast Energy Authority A Cooperative District, Series 2025E                                     | CUSIP: 84136HCT8<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |    175000 | PA      | $185686.94    | 0.16%             | 2030-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lower Alabama Gas District (The)                                                 | Lower Alabama Gas District (The), Series 2025A                                                      | CUSIP: 547804AQ7<br>LEI: 549300YTI1NTDG2OVU42 | Long             | DBT              | MUN               | US        |     60000 | PA      | $62302.88     | 0.06%             | 2033-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Minnesota                                                               | State of Minnesota, Series 2022A                                                                    | CUSIP: 60412AYF4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     35000 | PA      | $38779.82     | 0.03%             | 2035-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Washington                                                              | State of Washington, Series 2018C                                                                   | CUSIP: 93974D2N7<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |    105000 | PA      | $108654.47    | 0.10%             | 2035-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Dallas College                                                                   | Dallas College, Series 2023                                                                         | CUSIP: 234685MG7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     45000 | PA      | $48757.92     | 0.04%             | 2030-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Alabama Highway Authority                                                        | Alabama Highway Authority, Series 2025                                                              | CUSIP: 010559AB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10349.48     | 0.01%             | 2027-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Louisiana                                                               | State of Louisiana, Series 2025B                                                                    | CUSIP: 546417KU9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $27299.49     | 0.02%             | 2030-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Nebo School District                                                             | Nebo School District, Series 2022                                                                   | CUSIP: 639557XL6<br>LEI: 549300QJS89I60PFG061 | Long             | DBT              | MUN               | US        |     35000 | PA      | $36087.01     | 0.03%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Florida                                                                 | Florida State of Education, Series 2020A                                                            | CUSIP: 34153QSW7<br>LEI: 5493004G5XFOOUT0LQ57 | Long             | DBT              | MUN               | US        |     25000 | PA      | $26321.48     | 0.02%             | 2028-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan State Building Authority                                                | Michigan State Building Authority, Series 2020I                                                     | CUSIP: 594615HH2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $53984.51     | 0.05%             | 2029-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois State Toll Highway Authority                                            | Illinois State Toll Highway Authority, Series 2024A                                                 | CUSIP: 452252QR3<br>LEI: 549300ISBFGI8MJJKM98 | Long             | DBT              | MUN               | US        |     25000 | PA      | $27570.70     | 0.02%             | 2037-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                                   | Black Belt Energy Gas District, Series 2023C                                                        | CUSIP: 09182TDB0<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |     75000 | PA      | $80914.07     | 0.07%             | 2054-10-01      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| Sports & Exhibition Authority of Pittsburgh & Allegheny County                   | Sports & Exhibition Authority of Pittsburgh & Allegheny County, Series 2022A                        | CUSIP: 724791BX5<br>LEI: 254900JJT7A9Y409G258 | Long             | DBT              | MUN               | US        |     45000 | PA      | $49081.62     | 0.04%             | 2034-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Miami-Dade FL Aviation Revenue                                         | County of Miami-Dade, Series A                                                                      | CUSIP: 59333PT57<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $30309.45     | 0.03%             | 2031-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Merrillville Multi School Building Corp.                                         | Merrillville Multi School Building Corp., Series 2022                                               | CUSIP: 590252QT2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     95000 | PA      | $104430.66    | 0.09%             | 2034-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Mexico Finance Authority                                                     | New Mexico Finance Authority, Series 2023B                                                          | CUSIP: 64711PNM8<br>LEI: 549300L6217Y7X40SP94 | Long             | DBT              | MUN               | US        |     35000 | PA      | $39387.67     | 0.03%             | 2034-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Central Florida Expressway Authority                                             | Central Florida Expressway Authority, Series 2024B                                                  | CUSIP: 153476JP2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $84677.66     | 0.07%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Ohio                                                                    | State of Ohio, Series 2019A                                                                         | CUSIP: 677522F33<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |     15000 | PA      | $15407.05     | 0.01%             | 2027-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Minnesota                                                               | State of Minnesota, Series 2022A                                                                    | CUSIP: 60412AYA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $54804.95     | 0.05%             | 2030-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Auburn University                                                                | Auburn University, Series 2025B                                                                     | CUSIP: 050589SY7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     35000 | PA      | $39614.45     | 0.04%             | 2036-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Energy Northwest                                                                 | Energy Northwest, Series 2018A                                                                      | CUSIP: 29270CY25<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     70000 | PA      | $73137.46     | 0.06%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                              | City of New York, Series 2020C1                                                                     | CUSIP: 64966QGY0<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |     20000 | PA      | $21622.18     | 0.02%             | 2032-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Spring Branch Independent School District                                        | Spring Branch Independent School District, Series 2025                                              | CUSIP: 849476WY8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $21697.38     | 0.02%             | 2030-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Alabama Public School and College Authority                                      | Alabama Public School and College Authority, Series 2020A                                           | CUSIP: 010609FH3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10795.28     | 0.01%             | 2029-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue          | New York City Transitional Finance Authority, Series B1                                             | CUSIP: 64971XHP6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     35000 | PA      | $36233.94     | 0.03%             | 2038-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Las Vegas Valley Water District                                                  | Las Vegas Valley Water District, Series 2022C                                                       | CUSIP: 517845PL1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     60000 | PA      | $67200.87     | 0.06%             | 2032-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Mexico Municipal Energy Acquisition Authority                                | New Mexico Municipal Energy Acquisition Authority, Series 2025                                      | CUSIP: 647207BL2<br>LEI: 549300KZGG2YNDKKCE92 | Long             | DBT              | MUN               | US        |    120000 | PA      | $126507.92    | 0.11%             | 2054-06-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Houston TX Combined Utility System Revenue                               | City of Houston, Series 2017B                                                                       | CUSIP: 44244CMW4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $20301.86     | 0.02%             | 2026-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Connecticut Special Tax Revenue                                         | State of Connecticut, Series 2023                                                                   | CUSIP: 2077582Y8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     15000 | PA      | $17120.66     | 0.02%             | 2034-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                              | City of New York, Series 2017B                                                                      | CUSIP: 64966MHD4<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |     70000 | PA      | $70972.35     | 0.06%             | 2031-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Florida                                                                 | State of Florida, Series 2024B                                                                      | CUSIP: 34153QXY7<br>LEI: 5493004G5XFOOUT0LQ57 | Long             | DBT              | MUN               | US        |     50000 | PA      | $54658.91     | 0.05%             | 2030-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Clark Department of Aviation                                           | County of Clark, Series 2019D                                                                       | CUSIP: 18085PSG0<br>LEI: 549300LDD8NZB2EOVG83 | Long             | DBT              | MUN               | US        |     45000 | PA      | $45270.68     | 0.04%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Cypress-Fairbanks Independent School District                                    | Cypress-Fairbanks Independent School District, Series 2026                                          | CUSIP: 232769QL6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $26706.68     | 0.02%             | 2029-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                          | Los Angeles Department of Water & Power, Series 2024C                                               | CUSIP: 544532MH4<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |     45000 | PA      | $49799.89     | 0.04%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Dallas Independent School District                                               | Dallas Independent School District, Series 2021A                                                    | CUSIP: 235308C84<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     70000 | PA      | $71540.74     | 0.06%             | 2027-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Missouri Joint Municipal Electric Utility Commission                             | Missouri Joint Municipal Electric Utility Commission, Series 2025                                   | CUSIP: 606092QE7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $22568.68     | 0.02%             | 2034-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Francisco Bay Area Rapid Transit District                                    | San Francisco Bay Area Rapid Transit District, Series 2019F1                                        | CUSIP: 797661YZ2<br>LEI: 549300Y3C3QUMLE3FY58 | Long             | DBT              | MUN               | US        |     30000 | PA      | $27312.39     | 0.02%             | 2038-08-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Auburn School District No. 408 of King & Pierce Counties                         | Auburn School District No. 408 of King & Pierce Counties, Series 2018                               | CUSIP: 494619EK1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     65000 | PA      | $67682.27     | 0.06%             | 2029-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Round Rock Independent School District                                           | Round Rock Independent School District, Series 2025B                                                | CUSIP: 779240RH5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     95000 | PA      | $105458.38    | 0.09%             | 2038-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Water Development Board                                                    | Texas Water Development Board, Series 2017A                                                         | CUSIP: 882854ZV7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $20521.15     | 0.02%             | 2027-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Manatee County School District                                                   | Manatee County School District, Series 2023A                                                        | CUSIP: 56185NGF9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $167675.79    | 0.15%             | 2034-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Miami-Dade FL Transit System                                           | County of Miami-Dade, Series 2019                                                                   | CUSIP: 59334PHE0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     85000 | PA      | $90562.61     | 0.08%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                                   | Black Belt Energy Gas District, Series 2022E                                                        | CUSIP: 09182TBL0<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |    100000 | PA      | $103980.39    | 0.09%             | 2053-05-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Hawaii State Highway Fund                                               | State of Hawaii, Series 2016B                                                                       | CUSIP: 41981CNR7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $30175.73     | 0.03%             | 2027-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Ohio                                                                    | State of Ohio, Series V                                                                             | CUSIP: 677522C44<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |     20000 | PA      | $20922.76     | 0.02%             | 2031-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Delaware Transportation Authority                                                | Delaware Transportation Authority, Series 2020                                                      | CUSIP: 246428J80<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    125000 | PA      | $128960.45    | 0.11%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                          | Los Angeles Department of Water & Power, Series 2019B                                               | CUSIP: 5444957J7<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |     25000 | PA      | $26173.43     | 0.02%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of Houston                                                            | University of Houston, Series 2022A                                                                 | CUSIP: 914302KJ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     70000 | PA      | $74273.32     | 0.07%             | 2040-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of West Virginia                                                           | State of West Virginia, Series 2019A                                                                | CUSIP: 956553G21<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     55000 | PA      | $58521.35     | 0.05%             | 2032-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Austin TX                                                                | City of Austin, Series 2023                                                                         | CUSIP: 052397H90<br>LEI: IW10PQVTU7HKS3JMW253 | Long             | DBT              | MUN               | US        |     40000 | PA      | $43011.70     | 0.04%             | 2029-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Denver City & County School District No. 1                                       | Denver City & County School District No. 1, Series 2017                                             | CUSIP: 249174VK6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $30493.30     | 0.03%             | 2031-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia                                                             | District of Columbia, Series 2023A                                                                  | CUSIP: 25476FZT8<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |     65000 | PA      | $72249.49     | 0.06%             | 2035-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of California                                                              | State of California                                                                                 | CUSIP: 13063EDL7<br>LEI: 9845007J7054602FF597 | Long             | DBT              | MUN               | US        |     80000 | PA      | $88633.94     | 0.08%             | 2039-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Oklahoma County Finance Authority                                                | Oklahoma County Finance Authority, Series 2024                                                      | CUSIP: 67868UJJ3<br>LEI: 549300KPR05JUN0F1289 | Long             | DBT              | MUN               | US        |     35000 | PA      | $39188.57     | 0.03%             | 2035-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Texas                                                                   | State of Texas, Series B                                                                            | CUSIP: 8827236X2<br>LEI: 549300X9CH74QB747L76 | Long             | DBT              | MUN               | US        |    120000 | PA      | $124063.14    | 0.11%             | 2029-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Oklahoma Turnpike Authority                                                      | Oklahoma State Turnpike Authority, Series 2018A                                                     | CUSIP: 679111ZA5<br>LEI: 549300J83EP2PBDYH615 | Long             | DBT              | MUN               | US        |     55000 | PA      | $55829.98     | 0.05%             | 2032-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Charlotte NC Water & Sewer System Revenue                                | City of Charlotte, Series 2020                                                                      | CUSIP: 161045QL6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $21844.75     | 0.02%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia Income Tax Revenue                                          | District of Columbia, Series 2020C                                                                  | CUSIP: 25477GSW6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $81062.89     | 0.07%             | 2032-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Austin TX Water & Wastewater System Revenue                              | City of Austin, Series 2017                                                                         | CUSIP: 052477N44<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     80000 | PA      | $83016.55     | 0.07%             | 2028-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Spring Independent School District                                               | Spring Independent School District, Series 2025                                                     | CUSIP: 850001CB2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $82100.81     | 0.07%             | 2040-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-04-30

**Name of Applicant:** Northern Funds

**Signature:** Randal Rein

**Name of Signer:** Randal Rein

**Title:** Treasurer and PFO