# EDGAR Filing Document

**Accession Number:** 0001081400
**File Stem:** 0001410368-26-052348
**Filing Date:** 2026-5
**Character Count:** 136878
**Document Hash:** c581d42d77fa291e98ff82dfd159e56d
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001410368-26-052348.hdr.sgml**: 20260527

**ACCESSION NUMBER**: 0001410368-26-052348

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260527

**DATE AS OF CHANGE**: 20260527

**PERIOD START**: 20260630

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** ALLSPRING FUNDS TRUST
- **CENTRAL INDEX KEY:** 0001081400

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-09253
- **FILM NUMBER:** 261022883

**BUSINESS ADDRESS:**
- **STREET 1:** 1415 VANTAGE PARK DRIVE
- **STREET 2:** 3RD FLOOR
- **CITY:** CHARLOTTE
- **STATE:** NC
- **ZIP:** 28203
- **BUSINESS PHONE:** 833-568-4255

**MAIL ADDRESS:**
- **STREET 1:** 1415 VANTAGE PARK DRIVE
- **STREET 2:** 3RD FLOOR
- **CITY:** CHARLOTTE
- **STATE:** NC
- **ZIP:** 28203

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** WELLS FARGO FUNDS TRUST
- **DATE OF NAME CHANGE:** 19990308

## Series and Classes Contracts Data

### Allspring High Yield Municipal Bond Fund (Series ID: S000039678)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000122980 | Institutional Class | WHYIX           |
| C000122981 | Class A             | WHYMX           |
| C000122982 | Class C             | WHYCX           |
| C000205252 | Class R6            | EKHRX           |

## Nport-Ex

Portfolio of investments—March 31, 2026 (unaudited)

Portfolio of investments

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Interest <br>rate<br>| Maturity <br>date<br>| Principal | Value |
| **Municipal obligations: 99.87%** |  |  |  |  |
| **Alabama: 3.96%** |  |  |  |  |
| **Education revenue: 0.53%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Homewood Educational Building Authority CHF - Horizons II LLC <br> Series C<br>| 5.50<br> %<br>| &nbsp;&nbsp; 10-1-2054 | $1000000 | &nbsp;&nbsp; **$1002772** |
| **Resource recovery revenue: 1.27%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Baldwin County IDA Novelis Corp. Series A AMT144Aøø | 4.30 | &nbsp;&nbsp; 3-1-2056 | 500000 | &nbsp;&nbsp; 484830 |
| &nbsp;&nbsp;&nbsp; Mobile County IDA AM/NS Calvert LLC Series A AMT | 5.00 | &nbsp;&nbsp; 6-1-2054 | 2000000 | &nbsp;&nbsp; 1903776 |
|  |  |  |  | &nbsp;&nbsp; **2388606** |
| **Utilities revenue: 2.16%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Black Belt Energy Gas District Series B | 5.00 | &nbsp;&nbsp; 10-1-2035 | 1500000 | &nbsp;&nbsp; 1501335 |
| &nbsp;&nbsp;&nbsp; Black Belt Energy Gas District Series Eøø | 5.00 | &nbsp;&nbsp; 12-1-2055 | 1000000 | &nbsp;&nbsp; 1057607 |
| &nbsp;&nbsp;&nbsp; Southeast Energy Authority A Cooperative District Series Aøø | 5.00 | &nbsp;&nbsp; 1-1-2056 | 1500000 | &nbsp;&nbsp; 1508482 |
|  |  |  |  | &nbsp;&nbsp; **4067424** |
|  |  |  |  | &nbsp;&nbsp; **7458802** |
| **Arizona: 1.45%** |  |  |  |  |
| **Education revenue: 0.45%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Sierra Vista IDA American Leadership Academy, Inc.144A | 5.00 | &nbsp;&nbsp; 6-15-2054 | 1000000 | &nbsp;&nbsp; **850409** |
| **Health revenue: 1.00%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Tempe IDA Mirabella at ASU, Inc. Series A144A | 6.13 | &nbsp;&nbsp; 10-1-2052 | 2400000 | &nbsp;&nbsp; **1869031** |
|  |  |  |  | &nbsp;&nbsp; **2719440** |
| **Arkansas: 0.54%** |  |  |  |  |
| **Industrial development revenue: 0.54%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Arkansas Development Finance Authority United States Steel Corp. <br> AMT<br>| 5.45 | &nbsp;&nbsp; 9-1-2052 | 1000000 | &nbsp;&nbsp; **1007662** |
| **California: 5.22%** |  |  |  |  |
| **Airport revenue: 0.54%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; California Municipal Finance Authority LAX Integrated Express <br> Solutions LLC Series A-P3 AMT<br>| 5.00 | &nbsp;&nbsp; 12-31-2043 | 1000000 | &nbsp;&nbsp; **1010195** |
| **Health revenue: 0.24%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; California PFA Kendal at Sonoma Obligated Group Series A144A | 5.00 | &nbsp;&nbsp; 11-15-2046 | 500000 | &nbsp;&nbsp; **462054** |
| **Housing revenue: 1.41%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; California PFA P3 Irvine SL Holdings LLC Obligated Group <br> Series A144A<br>| 6.50 | &nbsp;&nbsp; 6-1-2054 | 2000000 | &nbsp;&nbsp; 1866164 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; California Statewide CDA Community Improvement Authority 1818 <br> Platinum Triangle-Anaheim Series B144A<br>| 4.00 | &nbsp;&nbsp; 4-1-2057 | 500000 | &nbsp;&nbsp; 363745 |
| &nbsp;&nbsp;&nbsp; Compton PFA144A | 4.00 | &nbsp;&nbsp; 9-1-2027 | 425000 | &nbsp;&nbsp; 425050 |
|  |  |  |  | &nbsp;&nbsp; **2654959** |
| **Utilities revenue: 3.03%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; California Community Choice Financing Authority Series A-1øø | 5.00 | &nbsp;&nbsp; 4-1-2056 | 2500000 | &nbsp;&nbsp; 2642749 |

---

See accompanying notes to portfolio of investments

Allspring High Yield Municipal Bond Fund \| 1

------

Portfolio of investments—March 31, 2026 (unaudited)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Interest<br> rate<br>| Maturity<br> date<br>| Principal | Value |
| **Utilities revenue**(continued) |  |  |  |  |
| &nbsp;&nbsp;&nbsp; California Community Choice Financing Authority Series Cøø | 5.25<br> %<br>| &nbsp;&nbsp; 1-1-2054 | $1000000 | &nbsp;&nbsp; $1057806 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Tender Option Bond Trust Receipts/Certificates Series XM1346 <br> (Morgan Stanley Bank LIQ)144Aø<br>| 2.40 | &nbsp;&nbsp; 4-1-2056 | 2000000 | &nbsp;&nbsp; 2000000 |
|  |  |  |  | &nbsp;&nbsp; **5700555** |
|  |  |  |  | &nbsp;&nbsp; **9827763** |
| **Colorado: 10.29%** |  |  |  |  |
| **Education revenue: 0.21%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Colorado ECFA New Summit Academy Series A144A | 4.00 | &nbsp;&nbsp; 7-1-2061 | 600000 | &nbsp;&nbsp; **402346** |
| **GO revenue: 6.94%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Aerotropolis Regional Transportation Authority144A | 5.75 | &nbsp;&nbsp; 12-1-2054 | 1015000 | &nbsp;&nbsp; 1000222 |
| &nbsp;&nbsp;&nbsp; Canyons Metropolitan District No. 5 Series B | 6.50 | &nbsp;&nbsp; 12-15-2054 | 1000000 | &nbsp;&nbsp; 983667 |
| &nbsp;&nbsp;&nbsp; Cornerstar Metropolitan District Series A | 5.25 | &nbsp;&nbsp; 12-1-2047 | 1000000 | &nbsp;&nbsp; 964080 |
| &nbsp;&nbsp;&nbsp; Denver International Business Center Metropolitan District No. 1 | 6.00 | &nbsp;&nbsp; 12-1-2048 | 1141000 | &nbsp;&nbsp; 1142627 |
| &nbsp;&nbsp;&nbsp; Mineral Business Improvement District Series A144A | 5.75 | &nbsp;&nbsp; 12-1-2054 | 1250000 | &nbsp;&nbsp; 1228392 |
| &nbsp;&nbsp;&nbsp; Mirabelle Metropolitan District No. 2 Series B | 6.13 | &nbsp;&nbsp; 12-15-2049 | 1591000 | &nbsp;&nbsp; 1563418 |
| &nbsp;&nbsp;&nbsp; Riverpark Metropolitan District/Arapahoe County | 6.38 | &nbsp;&nbsp; 12-1-2054 | 1150000 | &nbsp;&nbsp; 1167440 |
| &nbsp;&nbsp;&nbsp; St. Vrain Lakes Metropolitan District No. 2 Series B | 6.38 | &nbsp;&nbsp; 11-15-2054 | 1000000 | &nbsp;&nbsp; 981665 |
| &nbsp;&nbsp;&nbsp; St. Vrain Lakes Metropolitan District No. 4 Series A CCAB144A¤ | 0.00 | &nbsp;&nbsp; 9-20-2054 | 1000000 | &nbsp;&nbsp; 732845 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Sterling Ranch Community Authority Board Metropolitan District No. 4 <br> Subdistrict B Series A144A<br>| 5.75 | &nbsp;&nbsp; 12-1-2054 | 1500000 | &nbsp;&nbsp; 1496782 |
| &nbsp;&nbsp;&nbsp; Trails at Crowfoot Metropolitan District No. 3 Series B | 6.88 | &nbsp;&nbsp; 12-15-2052 | 500000 | &nbsp;&nbsp; 494935 |
| &nbsp;&nbsp;&nbsp; Village Metropolitan District Series A | 5.75 | &nbsp;&nbsp; 12-1-2055 | 1300000 | &nbsp;&nbsp; 1302485 |
|  |  |  |  | &nbsp;&nbsp; **13058558** |
| **Health revenue: 1.06%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Colorado Health Facilities Authority Intermountain Healthcare <br> Obligated Group Series Dø<br>| 2.75 | &nbsp;&nbsp; 5-15-2064 | 2000000 | &nbsp;&nbsp; **2000000** |
| **Miscellaneous revenue: 0.78%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Pinery Commercial Metropolitan District No. 2 | 5.75 | &nbsp;&nbsp; 12-1-2054 | 1500000 | &nbsp;&nbsp; **1467966** |
| **Tax revenue: 1.03%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Palisade Metropolitan District No. 2 Series B CCAB144A¤ | 0.00 | &nbsp;&nbsp; 12-15-2054 | 1000000 | &nbsp;&nbsp; 966853 |
| &nbsp;&nbsp;&nbsp; Pueblo Urban Renewal Authority Sales Tax Revenue | 5.00 | &nbsp;&nbsp; 6-1-2036 | 1000000 | &nbsp;&nbsp; 961973 |
|  |  |  |  | &nbsp;&nbsp; **1928826** |
| **Transportation revenue: 0.27%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Colorado High Performance Transportation Enterprise Plenary Roads <br> Denver LLC AMT<br>| 5.75 | &nbsp;&nbsp; 1-1-2044 | 500000 | &nbsp;&nbsp; **500329** |
|  |  |  |  | &nbsp;&nbsp; **19358025** |

---

See accompanying notes to portfolio of investments

2 \| Allspring High Yield Municipal Bond Fund

------

Portfolio of investments—March 31, 2026 (unaudited)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Interest<br> rate<br>| Maturity<br> date<br>| Principal | Value |
| **Connecticut: 2.40%** |  |  |  |  |
| **Health revenue: 2.40%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Connecticut State HEFA Hartford HealthCare Obligated Group Series B <br> (PNC Bank N.A. LOC)ø##<br>| 2.42<br> %<br>| &nbsp;&nbsp; 7-1-2056 | $3000000 | &nbsp;&nbsp; $3000000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Stamford Housing Authority TJH Senior Living LLC Obligated Group <br> Series 2025D<br>| 6.50 | &nbsp;&nbsp; 10-1-2055 | 1500000 | &nbsp;&nbsp; 1519022 |
|  |  |  |  | &nbsp;&nbsp; **4519022** |
| **Delaware: 0.27%** |  |  |  |  |
| **Health revenue: 0.27%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Delaware State EDA ACTS Retirement-Life Communities, Inc. <br> Obligated Group Series B<br>| 5.25 | &nbsp;&nbsp; 11-15-2053 | 500000 | &nbsp;&nbsp; **502383** |
| **District of Columbia: 1.60%** |  |  |  |  |
| **Education revenue: 1.43%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; District of Columbia Rocketship DC Obligated Group Series A | 5.75 | &nbsp;&nbsp; 6-1-2054 | 1000000 | &nbsp;&nbsp; 923030 |
| &nbsp;&nbsp;&nbsp; District of Columbia Two Rivers Public Charter School, Inc. | 5.00 | &nbsp;&nbsp; 6-1-2050 | 1940000 | &nbsp;&nbsp; 1770630 |
|  |  |  |  | &nbsp;&nbsp; **2693660** |
| **Tobacco revenue: 0.17%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; District of Columbia Tobacco Settlement Financing Corp. | 6.75 | &nbsp;&nbsp; 5-15-2040 | 305000 | &nbsp;&nbsp; **315054** |
|  |  |  |  | &nbsp;&nbsp; **3008714** |
| **Florida: 7.57%** |  |  |  |  |
| **Education revenue: 2.69%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Capital Projects Finance Authority IPS Enterprises, Inc. Projects <br> Series A144A<br>| 7.00 | &nbsp;&nbsp; 6-15-2030 | 1000000 | &nbsp;&nbsp; 1026834 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Capital Trust Agency, Inc. Pineapple Cove Classical Academy, Inc. <br> Series A144A<br>| 5.13 | &nbsp;&nbsp; 7-1-2039 | 2000000 | &nbsp;&nbsp; 1951728 |
| &nbsp;&nbsp;&nbsp; Capital Trust Authority Kipp Miami Obligated Group Series A144A | 6.00 | &nbsp;&nbsp; 6-15-2054 | 655000 | &nbsp;&nbsp; 663743 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Florida Development Finance Corp. Global Outreach Charter Academy <br> Obligated Group Series A144A<br>| 4.00 | &nbsp;&nbsp; 6-30-2056 | 625000 | &nbsp;&nbsp; 419215 |
| &nbsp;&nbsp;&nbsp; Miami-Dade County IDA Youth Co-Op, Inc. Series A144A | 6.00 | &nbsp;&nbsp; 9-15-2045 | 1000000 | &nbsp;&nbsp; 1000137 |
|  |  |  |  | &nbsp;&nbsp; **5061657** |
| **Health revenue: 3.35%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Capital Trust Authority AIDS Healthcare Foundation Obligated Group <br> Series A<br>| 4.75 | &nbsp;&nbsp; 12-1-2042 | 860000 | &nbsp;&nbsp; 859954 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Venice Southwest Florida Retirement Center, Inc. Obligated <br> Group Series A144A<br>| 5.50 | &nbsp;&nbsp; 1-1-2055 | 1000000 | &nbsp;&nbsp; 966892 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Florida Local Government Finance Commission Ponte Vedra Pine <br> Co. LLC Obligated Group Series B-3144A<br>| 4.20 | &nbsp;&nbsp; 11-15-2030 | 500000 | &nbsp;&nbsp; 501388 |
| &nbsp;&nbsp;&nbsp; Holmes County Hospital Corp. | 6.00 | &nbsp;&nbsp; 11-1-2038 | 250000 | &nbsp;&nbsp; 214575 |
| &nbsp;&nbsp;&nbsp; Lee County IDA Shell Point Obligated Group Series A | 5.25 | &nbsp;&nbsp; 11-15-2054 | 2000000 | &nbsp;&nbsp; 1983992 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Orange County Health Facilities Authority Presbyterian Retirement <br> Communities, Inc. Obligated Group<br>| 5.00 | &nbsp;&nbsp; 8-1-2054 | 1000000 | &nbsp;&nbsp; 957485 |
| &nbsp;&nbsp;&nbsp; St. Johns County IDA Life Care Ponte Vedra Obligated Group Series A | 4.00 | &nbsp;&nbsp; 12-15-2046 | 1000000 | &nbsp;&nbsp; 817487 |
|  |  |  |  | &nbsp;&nbsp; **6301773** |

---

See accompanying notes to portfolio of investments

Allspring High Yield Municipal Bond Fund \| 3

------

Portfolio of investments—March 31, 2026 (unaudited)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Interest<br> rate<br>| Maturity<br> date<br>| Principal | Value |
| **Housing revenue: 0.47%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Capital Projects Finance Authority UnionWest Properties LLC <br> Series 2024A-1144A<br>| 5.00<br> %<br>| &nbsp;&nbsp; 6-1-2054 | $1000000 | &nbsp;&nbsp; **$888438** |
| **Miscellaneous revenue: 0.85%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Village Community Development District No. 15 Series 2023 Phase I <br> Special Assessment144A<br>| 5.25 | &nbsp;&nbsp; 5-1-2054 | 975000 | &nbsp;&nbsp; 954045 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Village Community Development District No. 16 Series 2025 Special <br> Assessment<br>| 4.88 | &nbsp;&nbsp; 5-1-2045 | 650000 | &nbsp;&nbsp; 649103 |
|  |  |  |  | &nbsp;&nbsp; **1603148** |
| **Water & sewer revenue: 0.21%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Charlotte County IDA MSKP Town & Country Utility LLC Series A <br> AMT144A<br>| 4.00 | &nbsp;&nbsp; 10-1-2051 | 500000 | &nbsp;&nbsp; **397740** |
|  |  |  |  | &nbsp;&nbsp; **14252756** |
| **Georgia: 1.65%** |  |  |  |  |
| **Housing revenue: 0.40%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Development Authority of Cobb County Kennesaw State University <br> Real Estate Obligated Group 2015 ABC Series C<br>| 5.00 | &nbsp;&nbsp; 7-15-2028 | 745000 | &nbsp;&nbsp; **745477** |
| **Industrial development revenue: 0.71%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; George L Smith II Congress Center Authority Signia Hotel <br> Management LLC Series B144A<br>| 5.00 | &nbsp;&nbsp; 1-1-2054 | 1460000 | &nbsp;&nbsp; **1344315** |
| **Tax revenue: 0.54%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Atlanta Development Authority Westside Tax Allocation District Gulch <br> Area Series A144A<br>| 5.50 | &nbsp;&nbsp; 4-1-2039 | 1000000 | &nbsp;&nbsp; **1020759** |
|  |  |  |  | &nbsp;&nbsp; **3110551** |
| **Guam: 0.28%** |  |  |  |  |
| **Airport revenue: 0.28%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Antonio B Won Pat International Airport Authority Series A AMT | 5.38 | &nbsp;&nbsp; 10-1-2043 | 500000 | &nbsp;&nbsp; **519146** |
| **Idaho: 0.13%** |  |  |  |  |
| **Education revenue: 0.13%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Idaho Housing & Finance Association Legacy Public Charter School, <br> Inc. Series A<br>| 6.25 | &nbsp;&nbsp; 5-1-2043 | 250000 | &nbsp;&nbsp; **250213** |
| **Illinois: 5.54%** |  |  |  |  |
| **Education revenue: 0.49%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Illinois Finance Authority Acero Charter Schools, Inc. Obligated <br> Group144A<br>| 4.00 | &nbsp;&nbsp; 10-1-2042 | 250000 | &nbsp;&nbsp; 219214 |
| &nbsp;&nbsp;&nbsp; Illinois Finance Authority Art in Motion Series A144A | 5.00 | &nbsp;&nbsp; 7-1-2051 | 1000000 | &nbsp;&nbsp; 708052 |
|  |  |  |  | &nbsp;&nbsp; **927266** |
| **GO revenue: 3.23%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Chicago Board of Education Dedicated Capital Improvement Tax | 5.75 | &nbsp;&nbsp; 4-1-2048 | 500000 | &nbsp;&nbsp; 523118 |
| &nbsp;&nbsp;&nbsp; Chicago Board of Education Series A | 5.75 | &nbsp;&nbsp; 12-1-2050 | 2000000 | &nbsp;&nbsp; 1999880 |
| &nbsp;&nbsp;&nbsp; Chicago Board of Education Series C | 6.00 | &nbsp;&nbsp; 12-1-2038 | 1500000 | &nbsp;&nbsp; 1622461 |
| &nbsp;&nbsp;&nbsp; Chicago Board of Education Series D | 5.00 | &nbsp;&nbsp; 12-1-2046 | 1000000 | &nbsp;&nbsp; 913221 |

---

See accompanying notes to portfolio of investments

4 \| Allspring High Yield Municipal Bond Fund

------

Portfolio of investments—March 31, 2026 (unaudited)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Interest<br> rate<br>| Maturity<br> date<br>| Principal | Value |
| **GO revenue**(continued) |  |  |  |  |
| &nbsp;&nbsp;&nbsp; City of Chicago Series A | 5.50<br> %<br>| &nbsp;&nbsp; 1-1-2041 | $500000 | &nbsp;&nbsp; $509949 |
| &nbsp;&nbsp;&nbsp; City of Chicago Series A | 5.50 | &nbsp;&nbsp; 1-1-2043 | 500000 | &nbsp;&nbsp; 506572 |
|  |  |  |  | &nbsp;&nbsp; **6075201** |
| **Housing revenue: 0.53%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Metropolitan Pier & Exposition Authority State of Illinois McCormick <br> Place Expansion Project Fund Series A<br>| 5.00 | &nbsp;&nbsp; 6-15-2050 | 1000000 | &nbsp;&nbsp; **995162** |
| **Miscellaneous revenue: 0.80%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Illinois Finance Authority Chicago Theatre Group, Inc. Series A144A | 6.13 | &nbsp;&nbsp; 10-1-2050 | 1500000 | &nbsp;&nbsp; **1501706** |
| **Tax revenue: 0.49%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Village of Hillside Mannheim Redevelopment Project Area | 5.00 | &nbsp;&nbsp; 1-1-2030 | 930000 | &nbsp;&nbsp; **934720** |
|  |  |  |  | &nbsp;&nbsp; **10434055** |
| **Indiana: 1.07%** |  |  |  |  |
| **Industrial development revenue: 1.07%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; City of Valparaiso Pratt Paper LLC AMT144A | 5.00 | &nbsp;&nbsp; 1-1-2054 | 500000 | &nbsp;&nbsp; 475051 |
| &nbsp;&nbsp;&nbsp; Indianapolis Local Public Improvement Bond Bank Series E | 6.00 | &nbsp;&nbsp; 3-1-2053 | 1500000 | &nbsp;&nbsp; 1543423 |
|  |  |  |  | &nbsp;&nbsp; **2018474** |
| **Iowa: 1.26%** |  |  |  |  |
| **Health revenue: 0.90%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Iowa Finance Authority Lifespace Communities, Inc. Obligated Group <br> Series 2024 A&B<br>| 5.00 | &nbsp;&nbsp; 5-15-2049 | 1000000 | &nbsp;&nbsp; 932740 |
| &nbsp;&nbsp;&nbsp; Iowa Finance Authority Presbyterian Homes Mill Pond Apartment, Inc. | 5.50 | &nbsp;&nbsp; 10-1-2045 | 750000 | &nbsp;&nbsp; 760866 |
|  |  |  |  | &nbsp;&nbsp; **1693606** |
| **Housing revenue: 0.36%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; City of Stuart Series B | 5.25 | &nbsp;&nbsp; 6-1-2045 | 680000 | &nbsp;&nbsp; **681847** |
|  |  |  |  | &nbsp;&nbsp; **2375453** |
| **Kansas: 1.13%** |  |  |  |  |
| **Health revenue: 0.49%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Kansas Development Finance Authority Village Shalom Obligated <br> Group Series A<br>| 5.25 | &nbsp;&nbsp; 11-15-2033 | 1000000 | &nbsp;&nbsp; **926551** |
| **Tax revenue: 0.64%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Wyandotte County-Kansas City Unified Government Sales Tax <br> Revenue CAB144A¤<br>| 0.00 | &nbsp;&nbsp; 9-1-2034 | 2080000 | &nbsp;&nbsp; **1191175** |
|  |  |  |  | &nbsp;&nbsp; **2117726** |
| **Kentucky: 0.53%** |  |  |  |  |
| **Health revenue: 0.53%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Kentucky EDFA Kenton Housing Obligated Group | 5.50 | &nbsp;&nbsp; 11-15-2035 | 1000000 | &nbsp;&nbsp; **992708** |

---

See accompanying notes to portfolio of investments

Allspring High Yield Municipal Bond Fund \| 5

------

Portfolio of investments—March 31, 2026 (unaudited)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Interest<br> rate<br>| Maturity<br> date<br>| Principal | Value |
| **Louisiana: 0.69%** |  |  |  |  |
| **Airport revenue: 0.69%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; New Orleans Aviation Board Louis Armstrong International Airport <br> Series B AMT<br>| 5.00<br> %<br>| &nbsp;&nbsp; 1-1-2048 | $1305000 | &nbsp;&nbsp; $**1304382** |
| **Maryland: 1.21%** |  |  |  |  |
| **Tax revenue: 0.22%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Maryland Economic Development Corp. City of Baltimore Port <br> Covington Development District<br>| 4.00 | &nbsp;&nbsp; 9-1-2050 | 500000 | &nbsp;&nbsp; **407327** |
| **Transportation revenue: 0.99%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Maryland Economic Development Corp. Purple Line Transit <br> Partners LLC Series B AMT<br>| 5.25 | &nbsp;&nbsp; 6-30-2055 | 1900000 | &nbsp;&nbsp; **1860884** |
|  |  |  |  | &nbsp;&nbsp; **2268211** |
| **Massachusetts: 0.53%** |  |  |  |  |
| **Health revenue: 0.53%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Massachusetts Development Finance Agency Salem Community Corp. <br> Obligated Group<br>| 5.13 | &nbsp;&nbsp; 1-1-2040 | 1000000 | &nbsp;&nbsp; **994954** |
| **Michigan: 0.33%** |  |  |  |  |
| **Education revenue: 0.29%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Michigan Finance Authority Bradford Academy | 4.80 | &nbsp;&nbsp; 9-1-2040 | 150000 | &nbsp;&nbsp; 121892 |
| &nbsp;&nbsp;&nbsp; Michigan Public Educational Facilities Authority Crescent Academy | 7.00 | &nbsp;&nbsp; 10-1-2036 | 447500 | &nbsp;&nbsp; 424310 |
|  |  |  |  | &nbsp;&nbsp; **546202** |
| **Miscellaneous revenue: 0.04%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Michigan Public Educational Facilities Authority Chandler Park <br> Academy<br>| 6.35 | &nbsp;&nbsp; 11-1-2028 | 80000 | &nbsp;&nbsp; **80063** |
|  |  |  |  | &nbsp;&nbsp; **626265** |
| **Minnesota: 1.91%** |  |  |  |  |
| **Education revenue: 1.29%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; City of Deephaven Eagle Ridge Academy Series A | 5.00 | &nbsp;&nbsp; 7-1-2030 | 195000 | &nbsp;&nbsp; 195163 |
| &nbsp;&nbsp;&nbsp; City of Ramsey PACT Charter School Series A | 5.00 | &nbsp;&nbsp; 6-1-2032 | 1000000 | &nbsp;&nbsp; 1007084 |
| &nbsp;&nbsp;&nbsp; City of St. Cloud Athlos Academy Series A144A† | 5.25 | &nbsp;&nbsp; 6-1-2032 | 1000000 | &nbsp;&nbsp; 740000 |
| &nbsp;&nbsp;&nbsp; City of Woodbury Leadership Academy Series A | 4.00 | &nbsp;&nbsp; 7-1-2051 | 660000 | &nbsp;&nbsp; 485260 |
|  |  |  |  | &nbsp;&nbsp; **2427507** |
| **Health revenue: 0.27%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; City of Rochester Mayo Clinicø | 2.35 | &nbsp;&nbsp; 11-15-2047 | 500000 | &nbsp;&nbsp; **500000** |
| **Housing revenue: 0.35%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; City of Minneapolis Riverton Community Housing | 4.70 | &nbsp;&nbsp; 8-1-2026 | 310000 | &nbsp;&nbsp; 310052 |
| &nbsp;&nbsp;&nbsp; City of Minneapolis Riverton Community Housing | 4.80 | &nbsp;&nbsp; 8-1-2027 | 350000 | &nbsp;&nbsp; 350124 |
|  |  |  |  | &nbsp;&nbsp; **660176** |
|  |  |  |  | &nbsp;&nbsp; **3587683** |

---

See accompanying notes to portfolio of investments

6 \| Allspring High Yield Municipal Bond Fund

------

Portfolio of investments—March 31, 2026 (unaudited)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Interest<br> rate<br>| Maturity<br> date<br>| Principal | Value |
| **Missouri: 1.17%** |  |  |  |  |
| **Education revenue: 0.52%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; HEFA of the State of Missouri BSDS, Inc.144A | 6.25<br> %<br>| &nbsp;&nbsp; 6-1-2046 | $1000000 | &nbsp;&nbsp; **$980274** |
| **Health revenue: 0.65%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; HEFA of the State of Missouri Lutheran Senior Services Obligated <br> Group Series A<br>| 5.25 | &nbsp;&nbsp; 2-1-2054 | 1250000 | &nbsp;&nbsp; **1222290** |
|  |  |  |  | &nbsp;&nbsp; **2202564** |
| **New Hampshire: 0.60%** |  |  |  |  |
| **Miscellaneous revenue: 0.60%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; New Hampshire Business Finance Authority The Astro Sunterra Project <br> CAB144A¤<br>| 0.00 | &nbsp;&nbsp; 12-15-2034 | 2000000 | &nbsp;&nbsp; **1129403** |
| **New Jersey: 1.25%** |  |  |  |  |
| **Airport revenue: 0.26%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; New Jersey EDA Port Newark Container Terminal LLC AMT | 5.00 | &nbsp;&nbsp; 10-1-2047 | 500000 | &nbsp;&nbsp; **494521** |
| **Education revenue: 0.89%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Camden County Improvement Authority Prep High School <br> Project144A<br>| 5.00 | &nbsp;&nbsp; 7-15-2042 | 1175000 | &nbsp;&nbsp; 1176899 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Passaic County Improvement Authority Paterson Arts & <br> Science Charter School<br>| 5.38 | &nbsp;&nbsp; 7-1-2053 | 500000 | &nbsp;&nbsp; 500245 |
|  |  |  |  | &nbsp;&nbsp; **1677144** |
| **Industrial development revenue: 0.10%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; New Jersey EDA United Airlines, Inc. | 5.25 | &nbsp;&nbsp; 9-15-2029 | 175000 | &nbsp;&nbsp; **175203** |
|  |  |  |  | &nbsp;&nbsp; **2346868** |
| **New York: 11.48%** |  |  |  |  |
| **Airport revenue: 4.18%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; New York Transportation Development Corp. Delta Air Lines, Inc. AMT | 5.63 | &nbsp;&nbsp; 4-1-2040 | 1000000 | &nbsp;&nbsp; 1050776 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; New York Transportation Development Corp. JFK International Air <br> Terminal LLC AMT<br>| 5.00 | &nbsp;&nbsp; 12-1-2041 | 1660000 | &nbsp;&nbsp; 1714544 |
| &nbsp;&nbsp;&nbsp; New York Transportation Development Corp. JFK NTO LLC AMT | 5.50 | &nbsp;&nbsp; 6-30-2039 | 1000000 | &nbsp;&nbsp; 1080301 |
| &nbsp;&nbsp;&nbsp; New York Transportation Development Corp. JFK NTO LLC AMT | 6.00 | &nbsp;&nbsp; 6-30-2054 | 1000000 | &nbsp;&nbsp; 1035854 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; New York Transportation Development Corp. JFK NTO LLC AMT (AG <br> Insured)<br>| 5.13 | &nbsp;&nbsp; 6-30-2060 | 1000000 | &nbsp;&nbsp; 992310 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; New York Transportation Development Corp. LaGuardia Gateway <br> Partners LLC Series A-P3 AMT<br>| 5.00 | &nbsp;&nbsp; 7-1-2046 | 1000000 | &nbsp;&nbsp; 999951 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; New York Transportation Development Corp. LaGuardia Gateway <br> Partners LLC Series A-P3 AMT<br>| 5.25 | &nbsp;&nbsp; 1-1-2050 | 1000000 | &nbsp;&nbsp; 1000024 |
|  |  |  |  | &nbsp;&nbsp; **7873760** |
| **Education revenue: 3.42%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Build NYC Resource Corp. East Harlem Scholars Academy Charter <br> School Obligated Group144A<br>| 5.75 | &nbsp;&nbsp; 6-1-2052 | 1000000 | &nbsp;&nbsp; 959093 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Build NYC Resource Corp. Hellenic Classical Charter Schools <br> Series A144A<br>| 5.00 | &nbsp;&nbsp; 12-1-2041 | 1200000 | &nbsp;&nbsp; 1161719 |

---

See accompanying notes to portfolio of investments

Allspring High Yield Municipal Bond Fund \| 7

------

Portfolio of investments—March 31, 2026 (unaudited)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Interest<br> rate<br>| Maturity<br> date<br>| Principal | Value |
| **Education revenue**(continued) |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Build NYC Resource Corp. South Bronx Charter School for <br> International Cultures & The Arts Series A144A<br>| 7.00<br> %<br>| &nbsp;&nbsp; 4-15-2053 | $2000000 | &nbsp;&nbsp; $2032837 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Hempstead Town Local Development Corp. Academy Charter School <br> Series A<br>| 4.60 | &nbsp;&nbsp; 2-1-2051 | 500000 | &nbsp;&nbsp; 384913 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Hempstead Town Local Development Corp. Academy Charter School <br> Series A<br>| 5.73 | &nbsp;&nbsp; 2-1-2050 | 1000000 | &nbsp;&nbsp; 911747 |
| &nbsp;&nbsp;&nbsp; New York State Dormitory Authority St. Joseph's University/Brooklyn | 4.00 | &nbsp;&nbsp; 7-1-2035 | 400000 | &nbsp;&nbsp; 360886 |
| &nbsp;&nbsp;&nbsp; New York State Dormitory Authority St. Joseph's University/Brooklyn | 5.00 | &nbsp;&nbsp; 7-1-2051 | 750000 | &nbsp;&nbsp; 618422 |
|  |  |  |  | &nbsp;&nbsp; **6429617** |
| **GO revenue: 1.06%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; City of New York Series 3ø | 2.90 | &nbsp;&nbsp; 4-1-2042 | 2000000 | &nbsp;&nbsp; **2000000** |
| **Health revenue: 1.75%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; New York State Dormitory Authority White Plains Hospital Obligated <br> Group<br>| 5.25 | &nbsp;&nbsp; 10-1-2049 | 1000000 | &nbsp;&nbsp; 1003931 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Onondaga Civic Development Corp. Crouse Health Hospital, Inc. <br> Obligated Group Series A<br>| 5.38 | &nbsp;&nbsp; 8-1-2054 | 1500000 | &nbsp;&nbsp; 1362157 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Westchester County Local Development Corp. Health Care Corp. <br> Obligated Group<br>| 5.00 | &nbsp;&nbsp; 11-1-2046 | 1000000 | &nbsp;&nbsp; 917351 |
|  |  |  |  | &nbsp;&nbsp; **3283439** |
| **Miscellaneous revenue: 0.54%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Suffolk Regional Off-Track Betting Corp. | 6.00 | &nbsp;&nbsp; 12-1-2053 | 1000000 | &nbsp;&nbsp; **1016816** |
| **Water & sewer revenue: 0.53%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; New York City Municipal Water Finance Authority Water & Sewer <br> System Series EE-1 (U.S. Bank N.A. SPA)ø<br>| 2.75 | &nbsp;&nbsp; 6-15-2045 | 1000000 | &nbsp;&nbsp; **1000000** |
|  |  |  |  | &nbsp;&nbsp; **21603632** |
| **North Carolina: 0.80%** |  |  |  |  |
| **Health revenue: 0.80%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; North Carolina Medical Care Commission Carolina Meadows, Inc. <br> Obligated Group<br>| 5.25 | &nbsp;&nbsp; 12-1-2054 | 1500000 | &nbsp;&nbsp; **1510819** |
| **Ohio: 0.75%** |  |  |  |  |
| **Health revenue: 0.75%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; County of Muskingum Genesis Healthcare System Obligated Group | 5.00 | &nbsp;&nbsp; 2-15-2048 | 1500000 | &nbsp;&nbsp; **1405158** |
| **Oklahoma: 0.51%** |  |  |  |  |
| **Housing revenue: 0.51%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Murray County Educational Facilities Authority Independent School <br> District No. 10 Davis<br>| 4.75 | &nbsp;&nbsp; 9-1-2043 | 1000000 | &nbsp;&nbsp; **958369** |
| **Pennsylvania: 4.69%** |  |  |  |  |
| **Education revenue: 1.00%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Allentown Commercial & IDA Executive Education Academy Charter <br> School144A<br>| 5.00 | &nbsp;&nbsp; 7-1-2050 | 1250000 | &nbsp;&nbsp; 1140681 |
| &nbsp;&nbsp;&nbsp; Philadelphia IDA Independence Charter School West | 5.00 | &nbsp;&nbsp; 6-15-2039 | 750000 | &nbsp;&nbsp; 738028 |
|  |  |  |  | &nbsp;&nbsp; **1878709** |

---

See accompanying notes to portfolio of investments

8 \| Allspring High Yield Municipal Bond Fund

------

Portfolio of investments—March 31, 2026 (unaudited)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Interest<br> rate<br>| Maturity<br> date<br>| Principal | Value |
| **Health revenue: 2.33%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Lancaster County Hospital Authority Pennsylvania State Health <br> Obligated Group<br>| 5.00<br> %<br>| &nbsp;&nbsp; 11-1-2051 | $1000000 | &nbsp;&nbsp; $1002802 |
| &nbsp;&nbsp;&nbsp; Lancaster Municipal Authority Luthercare Obligated Group Series A | 5.00 | &nbsp;&nbsp; 12-1-2055 | 1500000 | &nbsp;&nbsp; 1431447 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Montgomery County Higher Education & Health Authority Thomas <br> Jefferson University Obligated Group Series Dø<br>| 3.23 | &nbsp;&nbsp; 9-1-2050 | 250000 | &nbsp;&nbsp; 250000 |
| &nbsp;&nbsp;&nbsp; Pennsylvania EDFA Presbyterian Homes Obligated Group Series B-1 | 5.25 | &nbsp;&nbsp; 7-1-2049 | 750000 | &nbsp;&nbsp; 751774 |
| &nbsp;&nbsp;&nbsp; Quakertown General Authority LifeQuest Obligated Group Series C | 5.30 | &nbsp;&nbsp; 7-1-2042 | 1000000 | &nbsp;&nbsp; 939732 |
|  |  |  |  | &nbsp;&nbsp; **4375755** |
| **Resource recovery revenue: 1.36%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Pennsylvania EDFA Noble Environmental, Inc.144A | 6.88 | &nbsp;&nbsp; 9-1-2047 | 1500000 | &nbsp;&nbsp; 1567029 |
| &nbsp;&nbsp;&nbsp; Pennsylvania EDFA Noble Environmental, Inc. AMT144Aøø | 5.45 | &nbsp;&nbsp; 3-1-2056 | 1000000 | &nbsp;&nbsp; 1001075 |
|  |  |  |  | &nbsp;&nbsp; **2568104** |
|  |  |  |  | &nbsp;&nbsp; **8822568** |
| **Puerto Rico: 0.76%** |  |  |  |  |
| **Tax revenue: 0.76%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Puerto Rico Sales Tax Financing Corp. Sales Tax Revenue Series A-1 | 5.00 | &nbsp;&nbsp; 7-1-2058 | 1500000 | &nbsp;&nbsp; **1425971** |
| **South Carolina: 2.64%** |  |  |  |  |
| **Education revenue: 0.80%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; South Carolina Jobs-EDA Columbia College/SC Obligated Group <br> Series A<br>| 5.75 | &nbsp;&nbsp; 10-1-2045 | 500000 | &nbsp;&nbsp; 473843 |
| &nbsp;&nbsp;&nbsp; South Carolina Jobs-EDA Riverwalk Academy Series A144A | 7.00 | &nbsp;&nbsp; 6-15-2043 | 1000000 | &nbsp;&nbsp; 1029633 |
|  |  |  |  | &nbsp;&nbsp; **1503476** |
| **Health revenue: 1.03%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; South Carolina Jobs-EDA Bishop Gadsden Episcopal Retirement <br> Community Obligated Group<br>| 5.13 | &nbsp;&nbsp; 4-1-2046 | 750000 | &nbsp;&nbsp; 750505 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; South Carolina Jobs-EDA Bishop Gadsden Episcopal Retirement <br> Community Obligated Group<br>| 5.38 | &nbsp;&nbsp; 4-1-2056 | 250000 | &nbsp;&nbsp; 249400 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; South Carolina Jobs-EDA Episcopal Home at Still Hopes Obligated <br> Group Series A<br>| 5.00 | &nbsp;&nbsp; 4-1-2048 | 1000000 | &nbsp;&nbsp; 931805 |
|  |  |  |  | &nbsp;&nbsp; **1931710** |
| **Housing revenue: 0.81%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; South Carolina Jobs-EDA Connexion Communities Obligated Group <br> Series A-1144A<br>| 6.25 | &nbsp;&nbsp; 10-15-2042 | 1500000 | &nbsp;&nbsp; **1528220** |
|  |  |  |  | &nbsp;&nbsp; **4963406** |
| **Tennessee: 0.95%** |  |  |  |  |
| **Housing revenue: 0.68%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Knox County Health Educational & Housing Facility Board Provident <br> Group - UTK Properties LLC Series A-1 (BAM Insured)<br>| 5.25 | &nbsp;&nbsp; 7-1-2049 | 1250000 | &nbsp;&nbsp; **1288429** |
| **Tax revenue: 0.27%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Nashville Metropolitan Development & Housing Agency Fifth & <br> Broadway Redevelopment Area144A<br>| 5.13 | &nbsp;&nbsp; 6-1-2036 | 500000 | &nbsp;&nbsp; **505918** |
|  |  |  |  | &nbsp;&nbsp; **1794347** |

---

See accompanying notes to portfolio of investments

Allspring High Yield Municipal Bond Fund \| 9

------

Portfolio of investments—March 31, 2026 (unaudited)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Interest<br> rate<br>| Maturity<br> date<br>| Principal | Value |
| **Texas: 6.70%** |  |  |  |  |
| **Education revenue: 1.43%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Arlington Higher Education Finance Corp. LTTS Charter School, Inc. <br> Series A<br>| 7.00<br> %<br>| &nbsp;&nbsp; 3-1-2034 | $320000 | &nbsp;&nbsp; $320259 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Arlington Higher Education Finance Corp. School of Excellence in <br> Education Series A144A<br>| 6.38 | &nbsp;&nbsp; 2-15-2052 | 1500000 | &nbsp;&nbsp; 1420198 |
| &nbsp;&nbsp;&nbsp; Arlington Higher Education Finance Corp. Wayside Schools Series A | 4.00 | &nbsp;&nbsp; 8-15-2046 | 860000 | &nbsp;&nbsp; 680867 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pottsboro Higher Education Finance Corp. Imagine International <br> Academy of North Texas LLC Series A<br>| 3.88 | &nbsp;&nbsp; 8-15-2026 | 265000 | &nbsp;&nbsp; 264392 |
|  |  |  |  | &nbsp;&nbsp; **2685716** |
| **GO revenue: 0.42%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; City of Port Isabel144A | 5.10 | &nbsp;&nbsp; 2-15-2049 | 850000 | &nbsp;&nbsp; **797458** |
| **Health revenue: 0.93%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Tarrant County Cultural Education Facilities Finance Corp. Buckner <br> Retirement Services, Inc. Obligated Group<br>| 5.00 | &nbsp;&nbsp; 11-15-2046 | 1000000 | &nbsp;&nbsp; 963068 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Tarrant County Cultural Education Facilities Finance Corp. Cumberland <br> Rest, Inc. Obligated Group<br>| 5.00 | &nbsp;&nbsp; 10-1-2049 | 800000 | &nbsp;&nbsp; 784305 |
|  |  |  |  | &nbsp;&nbsp; **1747373** |
| **Housing revenue: 1.18%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; New Hope Cultural Education Facilities Finance Corp. Bella Vida <br> Forefront Living Obligated Group Series A<br>| 6.50 | &nbsp;&nbsp; 10-1-2055 | 2180000 | &nbsp;&nbsp; **2224080** |
| **Industrial development revenue: 1.76%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Houston Airport System Revenue United Airlines, Inc. Series B <br> AMT<br>| 5.50 | &nbsp;&nbsp; 7-15-2035 | 500000 | &nbsp;&nbsp; 527636 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Port of Beaumont Navigation District Jefferson 2020 Bond Lessee & <br> Borrower LLC Obligated Group Series A AMT144A<br>| 5.00 | &nbsp;&nbsp; 1-1-2039 | 2000000 | &nbsp;&nbsp; 1899316 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Port of Beaumont Navigation District Jefferson 2020 Bond Lessee & <br> Borrower LLC Obligated Group Series A AMT144A<br>| 5.25 | &nbsp;&nbsp; 1-1-2054 | 1000000 | &nbsp;&nbsp; 887631 |
|  |  |  |  | &nbsp;&nbsp; **3314583** |
| **Tax revenue: 0.39%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Baytown Municipal Development District Convention Center Hotel <br> Revenue Series B144A<br>| 5.00 | &nbsp;&nbsp; 10-1-2050 | 1000000 | &nbsp;&nbsp; **734457** |
| **Utilities revenue: 0.10%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; SA Energy Acquisition Public Facility Corp. | 5.50 | &nbsp;&nbsp; 8-1-2027 | 190000 | &nbsp;&nbsp; **195094** |
| **Water & sewer revenue: 0.49%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; RBC Municipal Products, Inc. Trust Series 2026-G-129 (Royal Bank of <br> Canada LOC, Royal Bank of Canada LIQ)144Aø<br>| 2.45 | &nbsp;&nbsp; 3-1-2030 | 915000 | &nbsp;&nbsp; **915000** |
|  |  |  |  | &nbsp;&nbsp; **12613761** |
| **Utah: 5.50%** |  |  |  |  |
| **Education revenue: 0.77%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Utah Charter School Finance Authority Freedom Academy Foundation <br> Series A144A<br>| 5.00 | &nbsp;&nbsp; 6-15-2041 | 1570000 | &nbsp;&nbsp; **1455438** |

---

See accompanying notes to portfolio of investments

10 \| Allspring High Yield Municipal Bond Fund

------

Portfolio of investments—March 31, 2026 (unaudited)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Interest<br> rate<br>| Maturity<br> date<br>| Principal | Value |
| **GO revenue: 0.79%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Soleil Hills Public Infrastructure District No. 1 Series A144A | 5.88<br> %<br>| &nbsp;&nbsp; 3-1-2055 | $1500000 | &nbsp;&nbsp; **$1480865** |
| **Miscellaneous revenue: 2.38%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; MIDA Mountain Village Public Infrastructure District Assessment Area <br> No. 2144A<br>| 4.00 | &nbsp;&nbsp; 8-1-2050 | 925000 | &nbsp;&nbsp; 769237 |
| &nbsp;&nbsp;&nbsp; Northpoint Infrastructure Financing District Assessment Area144A%% | 6.63 | &nbsp;&nbsp; 12-1-2055 | 1500000 | &nbsp;&nbsp; 1475925 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pine View Public Infrastructure District No. 2 Firelight Assessment Area <br> No. 1144A<br>| 6.25 | &nbsp;&nbsp; 12-1-2055 | 1000000 | &nbsp;&nbsp; 990951 |
| &nbsp;&nbsp;&nbsp; Wood Ranch Public Infrastructure District Assessment Area No. 1144A | 5.63 | &nbsp;&nbsp; 12-1-2053 | 1247268 | &nbsp;&nbsp; 1250729 |
|  |  |  |  | &nbsp;&nbsp; **4486842** |
| **Tax revenue: 1.56%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; MIDA Mountain Village Public Infrastructure District Military Recreation <br> Facility Project Area Series 2144A<br>| 6.00 | &nbsp;&nbsp; 6-15-2054 | 500000 | &nbsp;&nbsp; 509861 |
| &nbsp;&nbsp;&nbsp; South Salt Lake Redevelopment Agency144A | 6.25 | &nbsp;&nbsp; 4-15-2046 | 1500000 | &nbsp;&nbsp; 1519995 |
| &nbsp;&nbsp;&nbsp; UIPA Crossroads Public Infrastructure District AJL Project Area144A | 4.38 | &nbsp;&nbsp; 6-1-2052 | 1000000 | &nbsp;&nbsp; 902115 |
|  |  |  |  | &nbsp;&nbsp; **2931971** |
|  |  |  |  | &nbsp;&nbsp; **10355116** |
| **Virginia: 1.31%** |  |  |  |  |
| **Health revenue: 0.29%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Roanoke County EDA Friendship Foundationøø | 5.50 | &nbsp;&nbsp; 9-1-2058 | 550000 | &nbsp;&nbsp; **539613** |
| **Transportation revenue: 1.02%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Virginia Small Business Financing Authority I-66 Express Mobility <br> Partners LLC AMT<br>| 5.00 | &nbsp;&nbsp; 12-31-2047 | 1000000 | &nbsp;&nbsp; 974080 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Virginia Small Business Financing Authority I-66 Express Mobility <br> Partners LLC AMT<br>| 5.00 | &nbsp;&nbsp; 12-31-2052 | 1000000 | &nbsp;&nbsp; 954334 |
|  |  |  |  | &nbsp;&nbsp; **1928414** |
|  |  |  |  | &nbsp;&nbsp; **2468027** |
| **Washington: 4.39%** |  |  |  |  |
| **Airport revenue: 0.67%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Washington EDFA AMTøø | 5.88 | &nbsp;&nbsp; 12-1-2045 | 1250000 | &nbsp;&nbsp; **1262813** |
| **Health revenue: 2.83%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Jefferson County Public Hospital District No. 2 Series A | 6.88 | &nbsp;&nbsp; 12-1-2053 | 1500000 | &nbsp;&nbsp; 1536795 |
| &nbsp;&nbsp;&nbsp; King County Public Hospital District No. 4 Series A | 6.63 | &nbsp;&nbsp; 12-1-2045 | 1000000 | &nbsp;&nbsp; 1001940 |
| &nbsp;&nbsp;&nbsp; Skagit County Public Hospital District No. 1 | 5.50 | &nbsp;&nbsp; 12-1-2054 | 1000000 | &nbsp;&nbsp; 1006954 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Washington Health Care Facilities Authority Fred Hutchinson Cancer <br> Center Obligated Group<br>| 5.00 | &nbsp;&nbsp; 9-1-2050 | 750000 | &nbsp;&nbsp; 754748 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Washington State Housing Finance Commission Eastside Retirement <br> Association Obligated Group Series A<br>| 5.00 | &nbsp;&nbsp; 7-1-2048 | 1050000 | &nbsp;&nbsp; 1025032 |
|  |  |  |  | &nbsp;&nbsp; **5325469** |

---

See accompanying notes to portfolio of investments

Allspring High Yield Municipal Bond Fund \| 11

------

Portfolio of investments—March 31, 2026 (unaudited)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Interest<br> rate<br>| Maturity<br> date<br>| Principal | Value |
| **Housing revenue: 0.89%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Washington State Housing Finance Commission German Retirement <br> Home of the State of Washington Obligated Group Series A144A<br>| 5.75<br> %<br>| &nbsp;&nbsp; 1-1-2053 | $1290000 | &nbsp;&nbsp; $1231252 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Washington State Housing Finance Commission Provident Group-SH I <br> Properties LLC<br>| 5.00 | &nbsp;&nbsp; 7-1-2054 | 500000 | &nbsp;&nbsp; 446149 |
|  |  |  |  | &nbsp;&nbsp; **1677401** |
|  |  |  |  | &nbsp;&nbsp; **8265683** |
| **West Virginia: 1.46%** |  |  |  |  |
| **Tax revenue: 1.46%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; County of Ohio Highlands Project | 5.25 | &nbsp;&nbsp; 6-1-2053 | 1000000 | &nbsp;&nbsp; 974140 |
| &nbsp;&nbsp;&nbsp; Monongalia County Commission Excise Tax District Series A144A | 5.75 | &nbsp;&nbsp; 6-1-2043 | 1750000 | &nbsp;&nbsp; 1766702 |
|  |  |  |  | &nbsp;&nbsp; **2740842** |
| **Wisconsin: 5.35%** |  |  |  |  |
| **Education revenue: 3.62%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; PFA Contemporary Science Center, Inc. Series A144A | 5.63 | &nbsp;&nbsp; 7-1-2045 | 1000000 | &nbsp;&nbsp; 999988 |
| &nbsp;&nbsp;&nbsp; PFA Estancia Valley Classical Academy Series A144A | 4.25 | &nbsp;&nbsp; 7-1-2051 | 1000000 | &nbsp;&nbsp; 709109 |
| &nbsp;&nbsp;&nbsp; PFA Triad Math & Science Academy Co. | 5.00 | &nbsp;&nbsp; 6-15-2042 | 1140000 | &nbsp;&nbsp; 1108339 |
| &nbsp;&nbsp;&nbsp; PFA Triad Math & Science Academy Co. | 5.25 | &nbsp;&nbsp; 6-15-2052 | 1610000 | &nbsp;&nbsp; 1476335 |
| &nbsp;&nbsp;&nbsp; PFA Uwharrie Charter Academy Series A144A | 5.00 | &nbsp;&nbsp; 6-15-2042 | 1310000 | &nbsp;&nbsp; 1269451 |
| &nbsp;&nbsp;&nbsp; PFA Wilson Preparatory Academy Series A144A | 5.00 | &nbsp;&nbsp; 6-15-2039 | 1285000 | &nbsp;&nbsp; 1246545 |
|  |  |  |  | &nbsp;&nbsp; **6809767** |
| **Health revenue: 1.46%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Wisconsin HEFA Illinois Senior Housing, Inc. Series A | 5.25 | &nbsp;&nbsp; 8-1-2048 | 1500000 | &nbsp;&nbsp; 1262814 |
| &nbsp;&nbsp;&nbsp; Wisconsin HEFA Masonic Home Obligated Group Series A | 5.75 | &nbsp;&nbsp; 8-15-2054 | 1450000 | &nbsp;&nbsp; 1484575 |
|  |  |  |  | &nbsp;&nbsp; **2747389** |
| **Housing revenue: 0.27%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; PFA Eastern Michigan University Campus Living LLC Series A-1 (BAM <br> Insured)<br>| 5.50 | &nbsp;&nbsp; 7-1-2052 | 500000 | &nbsp;&nbsp; **519772** |
|  |  |  |  | &nbsp;&nbsp; **10076928** |
| **Total municipal obligations (Cost $193,494,660)** |  |  |  | &nbsp;&nbsp; **187937850** |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | |
|:---|:---|:---|:---|:---|
|  |  | Yield | Shares |  |
| **Short-term investments: 0.36%** |  |  |  |  |
| **Investment companies: 0.36%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Allspring Government Money Market Fund Select Class♠∞## |  | 3.60 | 690956 | &nbsp;&nbsp; **690956** |
| **Total short-term investments (Cost $690,956)** |  |  |  | &nbsp;&nbsp; **690956** |
| **Total investments in securities (Cost $194,185,616)** | 100.23<br> %<br>|  |  | &nbsp;&nbsp; 188628806 |
| &nbsp;&nbsp;&nbsp; Other assets and liabilities, net | (0.23)<br>|  |  | &nbsp;&nbsp; (442077)<br>|
| **Total net assets** | **100.00%**<br>|  |  | &nbsp;&nbsp; **$188186729** |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

See accompanying notes to portfolio of investments

12 \| Allspring High Yield Municipal Bond Fund

------

Portfolio of investments—March 31, 2026 (unaudited)

---

| | |
|:---|:---|
| 144A | The security may be resold in transactions exempt from registration, normally to qualified institutional buyers, pursuant to Rule 144A under the Securities Act of <br> 1933.<br>|
| øø | The interest rate is determined and reset by the issuer periodically depending upon the terms of the security. The rate shown is the rate in effect at period end. |
| ø | Variable rate demand notes are subject to a demand feature which reduces the effective maturity. The maturity date shown represents the final maturity date of <br> the security. The interest rate is determined and reset by the issuer daily, weekly, or monthly depending upon the terms of the security. The rate shown is the rate in <br> effect at period end.<br>|
| ¤ | The security is issued in zero coupon form with no periodic interest payments. |
| ## | All or a portion of this security is segregated as collateral for when-issued securities. |
| † | Non-income-earning security |
| %% | The security is purchased on a when-issued basis. |
| ♠ | The issuer of the security is an affiliated person of the Fund as defined in the Investment Company Act of 1940. |
| ∞ | The rate represents the 7-day annualized yield at period end. |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | |
|:---|:---|
| Abbreviations: | Abbreviations: |
| AG | Assured Guaranty Incorporation |
| AMT | Alternative minimum tax |
| BAM | Build America Mutual Assurance Company |
| CAB | Capital appreciation bond |
| CCAB | Convertible capital appreciation bond |
| CDA | Community Development Authority |
| CHF | Collegiate Housing Foundation |
| ECFA | Educational & Cultural Facilities Authority |
| EDA | Economic Development Authority |
| EDFA | Economic Development Finance Authority |
| GO | General obligation |
| HEFA | Health & Educational Facilities Authority |
| IDA | Industrial Development Authority |
| LIQ | Liquidity agreement |
| LOC | Letter of credit |
| NTO | New Terminal One |
| PFA | Public Finance Authority |
| SPA | Standby purchase agreement |

---

**Investments in affiliates**

An affiliated investment is an investment in which the Fund owns at least 5% of the outstanding voting shares of the issuer or as a result of other relationships, such as the Fund and the issuer having the same investment manager. Transactions with issuers that were affiliates of the Fund at the end of the period were as follows:

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | Value, <br>beginning of <br>period<br>| Purchases | Sales <br>proceeds<br>| Net <br>realized <br>gains <br>(losses)<br>| Net <br>change in <br>unrealized <br>gains <br>(losses)<br>| Value, <br>end of <br>period<br>| Shares, <br>end <br>of period<br>| Income <br>from <br>affiliated <br>securities<br>|
| **Short-term investments** |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Allspring Government Money Market Fund Select <br> Class<br>| $2291592 | $57908334 | $(59508970)<br>| $0 | $0 | $690956 | 690956 | $44709 |

---

See accompanying notes to portfolio of investments

Allspring High Yield Municipal Bond Fund \| 13

------

Notes to portfolio of investments—March 31, 2026 (unaudited)

Notes to portfolio of investments

Securities valuation

All investments are valued each business day as of the close of regular trading on the New York Stock Exchange (generally 4 p.m. Eastern Time), although the Fund may deviate from this calculation time under unusual or unexpected circumstances.

Debt securities are valued at the evaluated bid price provided by an independent pricing service (e.g., taking into account various factors, including yields, maturities, or credit ratings) or, if a reliable price is not available, the quoted bid price from an independent broker-dealer.

Investments in registered open-end investment companies (other than those listed on a foreign or domestic exchange or market) are valued at net asset value.

Investments which are not valued using the methods discussed above are valued at their fair value, as determined in good faith by Allspring Funds Management, LLC ("Allspring Funds Management"), which was named the valuation designee by the Board of Trustees. As the valuation designee, Allspring Funds Management is responsible for day-to-day valuation activities for the Allspring Funds. In connection with these responsibilities, Allspring Funds Management has established a Valuation Committee and has delegated to it the authority to take any actions regarding the valuation of portfolio securities that the Valuation Committee deems necessary or appropriate, including determining the fair value of portfolio securities. On a quarterly basis, the Board of Trustees receives reports of valuation actions taken by the Valuation Committee. On at least an annual basis, the Board of Trustees receives an assessment of the adequacy and effectiveness of Allspring Funds Management's process for determining the fair value of the portfolio of investments.

When-issued transactions

The Fund may purchase securities on a forward commitment or when-issued basis. The Fund records a when-issued transaction on the trade date and will segregate assets in an amount at least equal in value to the Fund's commitment to purchase when-issued securities. Securities purchased on a when-issued basis are marked-to-market daily and the Fund begins earning interest on the settlement date. Losses may arise due to changes in the market value of the underlying securities or if the counterparty does not perform under the contract.

Fair valuation measurements

Fair value measurements of investments are determined within a framework that has established a fair value hierarchy based upon the various data inputs utilized in determining the value of the Fund's investments. The three-level hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1) and the lowest priority to unobservable inputs (Level 3). The Fund's investments are classified within the fair value hierarchy based on the lowest level of input that is significant to the fair value measurement. The inputs are summarized into three broad levels as follows:

• Level 1 – quoted prices in active markets for identical securities

• Level 2 – other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)

• Level 3 – significant unobservable inputs (including the Fund's own assumptions in determining the fair value of investments)

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

The following is a summary of the inputs used in valuing the Fund's assets and liabilities as of March 31, 2026:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp; Quoted prices <br>(Level 1)<br>| &nbsp;&nbsp;&nbsp; Other significant <br>observable inputs <br>(Level 2)<br>| &nbsp;&nbsp;&nbsp; Significant <br>unobservable inputs <br>(Level 3)<br>| Total |
| **Assets** |  |  |  |  |
| **Investments in:** |  |  |  |  |
| **Municipal obligations** | &nbsp;&nbsp; $0 | &nbsp;&nbsp;&nbsp;&nbsp; $187937850 | &nbsp;&nbsp;&nbsp;&nbsp; $0 | &nbsp;&nbsp;&nbsp;&nbsp; $187937850 |
| **Short-term investments** |  |  |  |  |
| *Investment companies* | &nbsp;&nbsp; 690956 | &nbsp;&nbsp;&nbsp;&nbsp; 0 | &nbsp;&nbsp;&nbsp;&nbsp; 0 | &nbsp;&nbsp;&nbsp;&nbsp; 690956 |
| **Total assets** | &nbsp;&nbsp; **$690956** | &nbsp;&nbsp;&nbsp; **$187937850** | &nbsp;&nbsp;&nbsp; **$0** | &nbsp;&nbsp;&nbsp; **$188628806** |

---

Additional sector, industry or geographic detail, if any, is included in the Portfolio of investments.

At March 31, 2026, the Fund did not have any transfers into/out of Level 3.

14 \| Allspring High Yield Municipal Bond Fund

------

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** ALLSPRING FUNDS TRUST

- **b. Investment Company Act file number:** 811-09253

- **c. CIK number of Registrant:** 0001081400

- **d. LEI of Registrant:** 549300XROIY0CTN7RZ24

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

  - **Street Address 1:** 1415 Vantage Park Drive

  - **City:** Charlotte

  - **State:** NC

  - **Foreign country:** US

  - **Zip / Postal Code:** 28203

  - **Telephone number:** 833-568-4255

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

- **a. Name of Series:** Allspring High Yield Municipal Bond Fund

- **b. EDGAR series identifier (if any):** S000039678

- **c. LEI of Series:** 549300DSXT6WP0FS0T20

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

- **a. Date of fiscal year-end:** 2026-06-30

- **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:** $188301367.52

**Total Liabilities:** $797708.54

**Net Assets:** $187503658.98

**Cash Not Reported:** $2.89

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -117.61000000 | **1-Year:** -1810.49000000 | **5-Year:** -10051.13000000 | **10-Year:** -25746.71000000 | **30-Year:** -10303.51000000

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

- **3-Month:** -245.84000000 | **1-Year:** -4784.94000000 | **5-Year:** -19776.90000000 | **10-Year:** -42216.76000000 | **30-Year:** -17089.24000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000122980 | 0.63%                | 1.59%                | 0.63%                |
| Class ID C000122981 | 0.61%                | 1.57%                | 0.61%                |
| Class ID C000122982 | 0.55%                | 1.51%                | 0.55%                |
| Class ID C000205252 | 0.64%                | 1.70%                | 0.64%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-315102.94              | $763581.91                                 |
| Month 2  | $-87781.18               | $2449290.31                                |
| Month 3  | $-30455.00               | $-3999767.56                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Aerotropolis Regional Transportation Authority                     | AEROTROPOLIS REGL TRANPRTN AUTH CO SPL REVENUE               | CUSIP: 008051AE4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1015000 | PA      | $1000221.90   | 0.53%             | 2054-12-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Allentown Commercial and Industrial Development Authority          | ALLENTOWN COMMERCIAL & INDL DEV AUTH                         | CUSIP: 01843AAM8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1140680.63   | 0.61%             | 2050-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arkansas Development Finance Authority                             | ARKANSAS DEV FIN AUTH ENVIRONMENTAL REVENUE                  | CUSIP: 04110FAA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1007662.40   | 0.54%             | 2052-09-01      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| Arlington Higher Education Finance Corp                            | ARLINGTON TX HGR EDU FIN CORP EDU REVENUE                    | CUSIP: 041806AM2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    320000 | PA      | $320258.66    | 0.17%             | 2034-03-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Arlington Higher Education Finance Corp                            | ARLINGTON TX HGR EDU FIN CORP EDU REVENUE                    | CUSIP: 041806L73<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    860000 | PA      | $680867.16    | 0.36%             | 2046-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Arlington Higher Education Finance Corp                            | ARLINGTON TX HGR EDU FIN CORP EDU REVENUE                    | CUSIP: 041807AX6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1420198.05   | 0.76%             | 2052-02-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Atlanta Development Authority/The                                  | ATLANTA GA DEV AUTH                                          | CUSIP: 04780NMX2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1020759.70   | 0.54%             | 2039-04-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Baldwin County Industrial Development Authority                    | BALDWIN CNTY AL INDL DEV AUTH SOL WST DISP REVENUE           | CUSIP: 05786PAC7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $484829.75    | 0.26%             | 2056-03-01      | Floating      | 4.30%                 | No            |                  2 | On Loan: No      |
| Baytown Municipal Development District                             | BAYTOWN MUNI DEV DIST TX                                     | CUSIP: 073201AD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $734457.30    | 0.39%             | 2050-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                     | BLACK BELT ENERGY GAS DIST AL GAS PROJECT REVENUE            | CUSIP: 09182TEW3<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1501334.70   | 0.80%             | 2035-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                     | BLACK BELT ENERGY GAS DIST AL GAS PROJECT REVENUE            | CUSIP: 09182TGC5<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1057607.20   | 0.56%             | 2055-12-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Build NYC Resource Corp                                            | BUILD NYC RESOURCE CORP NY REVENUE                           | CUSIP: 12008EQZ2<br>LEI: 549300GROJFKMNLWEK84 | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1161719.52   | 0.62%             | 2041-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Build NYC Resource Corp                                            | BUILD NYC RESOURCE CORP NY REVENUE                           | CUSIP: 12008ETK2<br>LEI: 549300GROJFKMNLWEK84 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $959092.60    | 0.51%             | 2052-06-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Build NYC Resource Corp                                            | BUILD NYC RESOURCE CORP NY REVENUE                           | CUSIP: 12008EUT1<br>LEI: 549300GROJFKMNLWEK84 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2032837.60   | 1.08%             | 2053-04-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| CSCDA Community Improvement Authority                              | CSCDA CMNTY IMPT AUTH CA ESSENTIAL HSG REVENUE               | CUSIP: 126292BH3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $363744.60    | 0.19%             | 2057-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                    | CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE  | CUSIP: 13013JCM6<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1057805.80   | 0.56%             | 2054-01-01      | Floating      | 5.25%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                    | CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE  | CUSIP: 13013JHK5<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2642749.00   | 1.41%             | 2056-04-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                             | CALIFORNIA ST MUNI FIN AUTH REVENUE                          | CUSIP: 13048VBY3<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1010194.60   | 0.54%             | 2043-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Public Finance Authority                                | CALIFORNIA PUBLIC FIN AUTH SENIOR LIVING REVENUE             | CUSIP: 13057GAB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $462054.30    | 0.25%             | 2046-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Public Finance Authority                                | CALIFORNIA PUBLIC FIN AUTH SENIOR LIVING REVENUE             | CUSIP: 13057GAP4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1866164.20   | 1.00%             | 2054-06-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Camden County Improvement Authority/The                            | CAMDEN CNTY NJ IMPT AUTH CHRT SCH REVENUE                    | CUSIP: 13281UAC0<br>LEI: 549300UTQBT9ZE0QFB15 | Long             | DBT              | MUN               | US        |   1175000 | PA      | $1176898.45   | 0.63%             | 2042-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Canyons Metropolitan District No 5                                 | CANYONS MET DIST #5 CO                                       | CUSIP: 139071AZ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $983666.90    | 0.52%             | 2054-12-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Capital Projects Finance Authority/FL                              | CAPITAL PROJS FL FIN AUTH STUDENT HSG REVENUE                | CUSIP: 140427CQ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $888437.80    | 0.47%             | 2054-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Capital Projects Finance Authority/FL                              | CAPITAL PROJS FIN AUTH FL EDUCTNL FACS REVENUE               | CUSIP: 14043FAE6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1026833.50   | 0.55%             | 2030-06-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Capital Trust Agency Inc                                           | CAPITAL TRUST AGY FL EDUCTNL FACS REVENUE                    | CUSIP: 14054CBJ7<br>LEI: 549300F49UWS7X0OGQ59 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1951728.20   | 1.04%             | 2039-07-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Capital Trust Authority                                            | CAPITAL TRUST AUTH FL EDUCTNL FACS REVENUE                   | CUSIP: 14054WAQ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    655000 | PA      | $663743.40    | 0.35%             | 2054-06-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Capital Trust Authority                                            | CAPITAL TRUST AUTH FL REVENUE                                | CUSIP: 14055AAF9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    860000 | PA      | $859953.90    | 0.46%             | 2042-12-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Charlotte County Industrial Development Authority/FL               | CHARLOTTE CNTY FL INDL DEV AUTH UTILITY SYS REVENUE          | CUSIP: 16080TAG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $397740.25    | 0.21%             | 2051-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Chicago IL                                                 | CHICAGO IL                                                   | CUSIP: 167486P78<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |    500000 | PA      | $509949.45    | 0.27%             | 2041-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| City of Chicago IL                                                 | CHICAGO IL                                                   | CUSIP: 167486P86<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |    500000 | PA      | $506571.50    | 0.27%             | 2043-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                         | CHICAGO IL BRD OF EDU                                        | CUSIP: 167505C38<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1622461.50   | 0.87%             | 2038-12-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                         | CHICAGO IL BRD OF EDU                                        | CUSIP: 167505WB8<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $913221.30    | 0.49%             | 2046-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                         | CHICAGO IL BRD OF EDU                                        | CUSIP: 167505ZM1<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1999880.00   | 1.07%             | 2050-12-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education Dedicated Capital Improvement Tax       | CHICAGO IL BRD OF EDU DEDICATED CAPITAL IMPT TAX             | CUSIP: 167510BJ4<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |    500000 | PA      | $523117.65    | 0.28%             | 2048-04-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Development Authority of Cobb County/The                           | COBB CNTY GA DEV AUTH STUDENTHSG REVENUE                     | CUSIP: 190778JP6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    745000 | PA      | $745477.10    | 0.40%             | 2028-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Colorado Educational & Cultural Facilities Authority               | COLORADO EDUCTNL & CULTURAL AUTH REVENUE                     | CUSIP: 19645UHM9<br>LEI: 549300BJRX2FHSSZP042 | Long             | DBT              | MUN               | US        |    600000 | PA      | $402345.54    | 0.21%             | 2061-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Colorado High Performance Transportation Enterprise                | CO HIGH PERFORMANCE TRANSPRTN ENTERPRISE REVENUE             | CUSIP: 19648DAA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $500328.70    | 0.27%             | 2044-01-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                               | COLORADO ST HLTH FACS AUTH REVENUE                           | CUSIP: 19648FYT5<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2000000.00   | 1.07%             | 2064-05-15      | Floating      | 2.75%                 | No            |                  2 | On Loan: No      |
| Compton Public Finance Authority                                   | COMPTON CA PUBLIC FIN AUTH LEASE REVENUE                     | CUSIP: 204726AF0<br>LEI: 549300WUETJKEL0LJQ58 | Long             | DBT              | MUN               | US        |    425000 | PA      | $425050.11    | 0.23%             | 2027-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Connecticut State Health & Educational Facilities Authority        | CONNECTICUT ST HLTH & EDUCTNL FACS AUTH REVENUE              | CUSIP: 20775DP48<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3000000.00   | 1.60%             | 2056-07-01      | Floating      | 2.42%                 | No            |                  2 | On Loan: No      |
| Cornerstar Metropolitan District                                   | CORNERSTAR MET DIST CO                                       | CUSIP: 21923JAD0<br>LEI: 549300E33QX68QTOF873 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $964080.20    | 0.51%             | 2047-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Deephaven MN                                               | DEEPHAVEN MN CHARTER SCH LEASE REVENUE                       | CUSIP: 24380HAP7<br>LEI: 5493005IOLNBTFT2MD86 | Long             | DBT              | MUN               | US        |    195000 | PA      | $195162.32    | 0.10%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Delaware State Economic Development Authority                      | DELAWARE ST ECON DEV AUTH RETMNT CMNTYS REVENUE              | CUSIP: 246371AD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $502383.20    | 0.27%             | 2053-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Denver International Business Center Metropolitan District No 1    | DENVER CO INTERNATIONAL BUSINESS CENTER CO MET DIST #1       | CUSIP: 249197BB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1141000 | PA      | $1142627.52   | 0.61%             | 2048-12-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia                                               | DIST OF COLUMBIA REVENUE                                     | CUSIP: 25483VC28<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $923030.80    | 0.49%             | 2054-06-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| District of Columbia                                               | DIST OF COLUMBIA REVENUE                                     | CUSIP: 25483VXR0<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |   1940000 | PA      | $1770629.85   | 0.94%             | 2050-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia Tobacco Settlement Financing Corp             | DIST OF COLUMBIA TOBACCO SETTLEMENT FING CORP                | CUSIP: 254842AK3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    305000 | PA      | $315053.87    | 0.17%             | 2040-05-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp                                   | FLORIDA ST DEV FIN CORP EDUCTNL FACS REVENUE                 | CUSIP: 34061UHH4<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |    625000 | PA      | $419214.44    | 0.22%             | 2056-06-30      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Florida Local Government Finance Commission                        | FLORIDA LOC GOVT FIN COMMISSION SENIOR LIVING REVENUE        | CUSIP: 34077UAM2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $501388.10    | 0.27%             | 2030-11-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| George L Smith II Congress Center Authority                        | GEO L SMITH II GA CONGRESS CTR AUTH                          | CUSIP: 37255MAF2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1460000 | PA      | $1344314.71   | 0.72%             | 2054-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Antonio B Won Pat International Airport Authority                  | GUAM INTERNATIONAL ARPT AUTH                                 | CUSIP: 40064RFG9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $519145.70    | 0.28%             | 2043-10-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Hempstead Town Local Development Corp                              | HEMPSTEAD TOWN NY LOCAL DEV CORP EDU REVENUE                 | CUSIP: 424685AP0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $911746.90    | 0.49%             | 2050-02-01      | Fixed         | 5.73%                 | No            |                  2 | On Loan: No      |
| Hempstead Town Local Development Corp                              | HEMPSTEAD TOWN NY LOCAL DEV CORP EDU REVENUE                 | CUSIP: 424685AW5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $384912.80    | 0.21%             | 2051-02-01      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| Village of Hillside IL                                             | HILLSIDE IL TAX INCR REVENUE                                 | CUSIP: 432638AD6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    930000 | PA      | $934720.31    | 0.50%             | 2030-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Holmes County Hospital Corp                                        | HOLMES CNTY FL HOSP CORP HOSP REVENUE                        | CUSIP: 436343AC1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $214574.68    | 0.11%             | 2038-11-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Homewood Educational Building Authority                            | HOMEWOOD AL EDUCTNL BLDG AUTH REVENUE                        | CUSIP: 437887HY1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1002772.00   | 0.53%             | 2054-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| City of Houston TX Airport System Revenue                          | HOUSTON TX ARPT SYS REVENUE                                  | CUSIP: 442349KG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $527635.80    | 0.28%             | 2035-07-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Idaho Housing & Finance Association                                | IDAHO ST HSG & FIN ASSN NONPROFIT FACS REVENUE               | CUSIP: 45129GCB9<br>LEI: 5493002WM3NYB1LQB744 | Long             | DBT              | MUN               | US        |    250000 | PA      | $250212.78    | 0.13%             | 2043-05-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                         | ILLINOIS ST FIN AUTH CHRT SCHREVENUE                         | CUSIP: 452022BU9<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $708051.80    | 0.38%             | 2051-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                         | ILLINOIS ST FIN AUTH REVENUE                                 | CUSIP: 45204FJ48<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1501705.80   | 0.80%             | 2050-10-01      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                         | ILLINOIS ST FIN AUTH REVENUE                                 | CUSIP: 45204FKR5<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    250000 | PA      | $219214.13    | 0.12%             | 2042-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Indianapolis Local Public Improvement Bond Bank                    | INDIANAPOLIS IN LOCAL PUBLIC IMPT BOND BANK                  | CUSIP: 45528U6X4<br>LEI: 549300LX8ESJHDSESB87 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1543423.65   | 0.82%             | 2053-03-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Iowa Finance Authority                                             | IOWA ST FIN AUTH SENIOR LIVING FAC REVENUE                   | CUSIP: 46247CDV8<br>LEI: 549300NQVL49BTHOW391 | Long             | DBT              | MUN               | US        |    750000 | PA      | $760865.78    | 0.41%             | 2045-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Iowa Finance Authority                                             | IOWA ST FIN AUTH REVENUE                                     | CUSIP: 46247SFU3<br>LEI: 549300NQVL49BTHOW391 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $932740.00    | 0.50%             | 2049-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Jefferson County Public Hospital District No 2                     | JEFFERSON CNTY WA PUB HOSP DIST NO 2                         | CUSIP: 473644AC6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1536795.15   | 0.82%             | 2053-12-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Kansas Development Finance Authority                               | KANSAS ST DEV FIN AUTH REVENUE                               | CUSIP: 48542RBZ6<br>LEI: 549300WTL7BL8KBDPR87 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $926551.20    | 0.49%             | 2033-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Kentucky Economic Development Finance Authority                    | KENTUCKY ST ECON DEV FIN AUTH HLTH CARE REVENUE              | CUSIP: 49126TAS1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $992708.30    | 0.53%             | 2035-11-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| King County Public Hospital District No 4                          | KING CNTY WA PUBLIC HOSP DIST #4 HOSP REVENUE                | CUSIP: 494796AG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1001940.30   | 0.53%             | 2045-12-01      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| Knox County Health Educational & Housing Facility Board            | KNOX CNTY TN HLTH EDUCTNL & HSG FAC BRD STUDENT HSG REVENUE  | CUSIP: 499526AR2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1288429.25   | 0.69%             | 2049-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Lancaster County Hospital Authority/PA                             | LANCASTER CNTY PA HOSP AUTH                                  | CUSIP: 514045W66<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1002801.90   | 0.53%             | 2051-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lancaster Municipal Authority                                      | LANCASTER PA MUNI AUTH HLTHCARE FACS REVENUE                 | CUSIP: 514350AS6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1431447.15   | 0.76%             | 2055-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lee County Industrial Development Authority/FL                     | LEE CNTY FL INDL DEV AUTH HLTHCR FACS REVENUE                | CUSIP: 52349EEQ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1983991.80   | 1.06%             | 2054-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Maryland Economic Development Corp                                 | MARYLAND ST ECON DEV CORP SPL OBLIG                          | CUSIP: 57422FAF3<br>LEI: 549300JJ16DDBSZWSN94 | Long             | DBT              | MUN               | US        |    500000 | PA      | $407326.95    | 0.22%             | 2050-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Maryland Economic Development Corp                                 | MARYLAND ST ECON DEV CORP PRIV ACTIVITY REVENUE              | CUSIP: 57422JCA4<br>LEI: 549300JJ16DDBSZWSN94 | Long             | DBT              | MUN               | US        |   1900000 | PA      | $1860883.75   | 0.99%             | 2055-06-30      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                           | MASSACHUSETTS ST DEV FIN AGY REVENUE                         | CUSIP: 57584Y2W8<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $994953.70    | 0.53%             | 2040-01-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Nashville Metropolitan Development & Housing Agency                | NASHVILLE MET DEV & HSG AGY TN TAX INCR REVENUE              | CUSIP: 591874AB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $505917.60    | 0.27%             | 2036-06-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Metropolitan Pier & Exposition Authority                           | MET PIER & EXPOSITION AUTH IL REVENUE                        | CUSIP: 592250DM3<br>LEI: 254900I3VDCQ58UGBR15 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $995161.70    | 0.53%             | 2050-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Miami-Dade County Industrial Development Authority                 | MIAMI-DADE CNTY FL INDL DEV AUTH                             | CUSIP: 59333EDL4<br>LEI: 549300RM19LZY32DAU30 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000137.40   | 0.53%             | 2045-09-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                         | MICHIGAN ST FIN AUTH LTD OBLIG REVENUE                       | CUSIP: 594479FS1<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |    150000 | PA      | $121891.73    | 0.07%             | 2040-09-01      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| Michigan Public Educational Facilities Authority                   | MICHIGAN ST PUBLIC EDUCTNL FACS AUTH                         | CUSIP: 594569CV5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     80000 | PA      | $80063.40     | 0.04%             | 2028-11-01      | Fixed         | 6.35%                 | No            |                  2 | On Loan: No      |
| Michigan Public Educational Facilities Authority                   | MICHIGAN ST PUBLIC EDUCTNL FACS AUTH                         | CUSIP: 594569CX1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    447500 | PA      | $424310.24    | 0.23%             | 2036-10-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Mida Mountain Village Public Infrastructure District               | MIDA MOUNTAIN VLG PUBLIC INFRASTRUCTURE DIST UT SPL ASSMNT   | CUSIP: 59561TAQ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    925000 | PA      | $769236.94    | 0.41%             | 2050-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Mida Mountain Village Public Infrastructure District               | MIDA MOUNTAIN VLG PUBLIC INFRASTRUCTURE DIST UT TAX ALLOCATI | CUSIP: 59561UAD2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $509861.20    | 0.27%             | 2054-06-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Mineral Business Improvement District                              | MINERAL BUSINESS IMP DIST CO LIMTED TAX & SPL REVENUE        | CUSIP: 60284AAA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1228391.63   | 0.66%             | 2054-12-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| City of Minneapolis MN                                             | MINNEAPOLIS MN STUDENT HSG REVENUE                           | CUSIP: 60379NBU9<br>LEI: 54930069TEI1INHRHS55 | Long             | DBT              | MUN               | US        |    310000 | PA      | $310052.58    | 0.17%             | 2026-08-01      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| City of Minneapolis MN                                             | MINNEAPOLIS MN STUDENT HSG REVENUE                           | CUSIP: 60379NBV7<br>LEI: 54930069TEI1INHRHS55 | Long             | DBT              | MUN               | US        |    350000 | PA      | $350123.73    | 0.19%             | 2027-08-01      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| Mirabelle Metropolitan District No 2                               | MIRABELLE MET DIST #2 CO                                     | CUSIP: 60458HAX1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1591000 | PA      | $1563417.63   | 0.83%             | 2049-12-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| Health & Educational Facilities Authority of the State of Missouri | MISSOURI ST HLTH & EDUCTNL FACS AUTH                         | CUSIP: 60635H4C0<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1222289.63   | 0.65%             | 2054-02-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Health & Educational Facilities Authority of the State of Missouri | MISSOURI ST HLTH & EDUCTNL FACS AUTH EDUCTNL FACS REVENUE    | CUSIP: 60636AXY4<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $980273.90    | 0.52%             | 2046-06-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Mobile County Industrial Development Authority                     | MOBILE CNTY AL INDL DEV AUTH SOL WST DISP REVENUE            | CUSIP: 60733UAA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1903776.60   | 1.02%             | 2054-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Monongalia County Commission Excise Tax District                   | MONONGALIA CNTY WV COMMISSION SPL DIST EXCISE TAX REVENUE    | CUSIP: 61022CAC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1766701.65   | 0.94%             | 2043-06-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Montgomery County Higher Education and Health Authority            | MONTGOMERY CNTY PA HGR EDU & HLTH AUTH                       | CUSIP: 613603ZL6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $250000.00    | 0.13%             | 2050-09-01      | Floating      | 3.23%                 | No            |                  2 | On Loan: No      |
| Murray County Educational Facilities Authority                     | MURRAY CNTY EDUCTNL FACS AUTH OK EDUCTNL FACS LEASE REVENUE  | CUSIP: 627035BE7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $958369.40    | 0.51%             | 2043-09-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| County of Muskingum OH                                             | MUSKINGUM CNTY OH HOSP FACS                                  | CUSIP: 628077CK3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1405158.15   | 0.75%             | 2048-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                           | NATIONAL FIN AUTH NH SPL REVENUE                             | CUSIP: 63608TBG4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1129403.20   | 0.60%             | 2034-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| New Hope Cultural Education Facilities Finance Corp                | NEW HOPE CULTURAL ED FACS FIN CORP TX RETIREMENT FAC REVENUE | CUSIP: 64542UHF4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2180000 | PA      | $2224079.60   | 1.19%             | 2055-10-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                          | NEW JERSEY ST ECON DEV AUTH SPL FAC REVENUE                  | CUSIP: 64578CAH4<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |    175000 | PA      | $175203.19    | 0.09%             | 2029-09-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                          | NEW JERSEY ST ECON DEV AUTH SPL FAC REVENUE                  | CUSIP: 64578CCF6<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |    500000 | PA      | $494521.45    | 0.26%             | 2047-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Orleans Aviation Board                                         | NEW ORLEANS LA AVIATION BRD                                  | CUSIP: 64763HHK4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1305000 | PA      | $1304381.56   | 0.70%             | 2048-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                | NEW YORK NY                                                  | CUSIP: 64966QWL0<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2000000.00   | 1.07%             | 2042-04-01      | Floating      | 2.90%                 | No            |                  2 | On Loan: No      |
| New York City Municipal Water Finance Authority                    | NEW YORK CITY NY MUNI WTR FIN AUTH WTR & SWR SYS REVENUE     | CUSIP: 64972GYZ1<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000000.00   | 0.53%             | 2045-06-15      | Floating      | 2.75%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                 | NEW YORK ST DORM AUTH REVENUES NON ST SUPPORTED DEBT         | CUSIP: 64990G4W9<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |    400000 | PA      | $360886.00    | 0.19%             | 2035-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                 | NEW YORK ST DORM AUTH REVENUES NON ST SUPPORTED DEBT         | CUSIP: 64990G4Y5<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |    750000 | PA      | $618421.65    | 0.33%             | 2051-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                 | NEW YORK ST DORM AUTH REVENUES NON ST SUPPORTED DEBT         | CUSIP: 65000B7X0<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1003931.40   | 0.54%             | 2049-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                           | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE               | CUSIP: 650116AR7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $999951.20    | 0.53%             | 2046-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                           | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE               | CUSIP: 650116AV8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000023.60   | 0.53%             | 2050-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                           | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE               | CUSIP: 650116FR2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1660000 | PA      | $1714544.45   | 0.91%             | 2041-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                           | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE               | CUSIP: 650116GP5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1050776.40   | 0.56%             | 2040-04-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                           | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE               | CUSIP: 650116GY6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1035853.50   | 0.55%             | 2054-06-30      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                           | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE               | CUSIP: 650116GZ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $992310.30    | 0.53%             | 2060-06-30      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                           | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE               | CUSIP: 650116JB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1080300.80   | 0.58%             | 2039-06-30      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| North Carolina Medical Care Commission                             | NORTH CAROLINA ST MED CARE COMMISSION RETMNT FACS REVENUE    | CUSIP: 65820YTG1<br>LEI: 549300FH6KOXGCHQYG81 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1510818.90   | 0.81%             | 2054-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| County of Ohio WV                                                  | OHIO CNTY WV COMMISSION TAX INCR REVENUE                     | CUSIP: 677321BU4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $974140.30    | 0.52%             | 2053-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Onondaga Civic Development Corp                                    | ONONDAGA NY CIVIC DEV CORP                                   | CUSIP: 682832KJ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1362156.75   | 0.73%             | 2054-08-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Orange County Health Facilities Authority                          | ORANGE CNTY FL HLTH FACS AUTH REVENUE                        | CUSIP: 68450LJC0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $957485.50    | 0.51%             | 2054-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Palisade Metropolitan District No 2                                | PALISADE CO MET DIST #2 LIMITED TAX                          | CUSIP: 696392AD1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $966852.80    | 0.52%             | 2054-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Passaic County Improvement Authority/The                           | PASSAIC CNTY NJ IMPT AUTH CHRT SCH REVENUE                   | CUSIP: 70275QAC7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $500245.30    | 0.27%             | 2053-07-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority              | PENNSYLVANIA ST ECON DEV FING AUTH SOLID WASTE DISPOSAL REV  | CUSIP: 708692CD8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1567029.45   | 0.84%             | 2047-09-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority              | PENNSYLVANIA ST ECON DEV FING AUTH SOLID WASTE DISPOSAL REV  | CUSIP: 708692CE6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1001074.90   | 0.53%             | 2056-03-01      | Floating      | 5.45%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority              | PENNSYLVANIA ST ECON DEV FING AUTH REVENUE                   | CUSIP: 70869PPB7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $751774.20    | 0.40%             | 2049-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Philadelphia Authority for Industrial Development                  | PHILADELPHIA PA AUTH FOR INDL DEV REVENUES                   | CUSIP: 71781XFZ1<br>LEI: 549300DIY68KQZEW7M79 | Long             | DBT              | MUN               | US        |    750000 | PA      | $738028.05    | 0.39%             | 2039-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pine View Public Infrastructure District No 2                      | PINE VIEW PUBLIC INFRASTRUCTURE DIST #2 UT SPL ASSMNT        | CUSIP: 72302PAA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $990950.70    | 0.53%             | 2055-12-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Pinery Commercial Metropolitan District No 2                       | PINERY CO COML MET DIST #2 SPL REVENUE                       | CUSIP: 72330FAA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1467966.30   | 0.78%             | 2054-12-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Port of Beaumont Navigation District                               | PORT BEAUMONT TX NAV DIST DOCK& WHARF FAC REVENUE            | CUSIP: 73360CAR5<br>LEI: 549300G8PKBXALUKJY33 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $887631.50    | 0.47%             | 2054-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Port Isabel TX                                             | PORT ISABEL TX                                               | CUSIP: 734523DV2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    850000 | PA      | $797457.68    | 0.43%             | 2049-02-15      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| Pottsboro Higher Education Finance Corp                            | POTTSBORO TX HGR EDU FIN CORP EDU REVENUE                    | CUSIP: 738222AD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    265000 | PA      | $264392.12    | 0.14%             | 2026-08-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                           | PUBLIC FIN AUTH WI EDU REVENUE                               | CUSIP: 74442EBF6<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $999988.30    | 0.53%             | 2045-07-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                           | PUBLIC FIN AUTH WI EDU REVENUE                               | CUSIP: 74442EDZ0<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1285000 | PA      | $1246544.58   | 0.66%             | 2039-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                           | PUBLIC FIN AUTH WI EDU REVENUE                               | CUSIP: 74442EJG6<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1310000 | PA      | $1269450.92   | 0.68%             | 2042-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                           | PUBLIC FIN AUTH WI EDU REVENUE                               | CUSIP: 74442EKL3<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1140000 | PA      | $1108339.01   | 0.59%             | 2042-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                           | PUBLIC FIN AUTH WI EDU REVENUE                               | CUSIP: 74442EKN9<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1610000 | PA      | $1476335.39   | 0.79%             | 2052-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                           | PUBLIC FIN AUTH WI EDUCTNL FAC REVENUE                       | CUSIP: 74443DGN5<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $709109.30    | 0.38%             | 2051-07-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                           | PUBLIC FIN AUTH WI PROJ REVENUE                              | CUSIP: 74444UAW2<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    500000 | PA      | $519772.05    | 0.28%             | 2052-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Pueblo Urban Renewal Authority                                     | PUEBLO CO URBAN RENEWAL AUTH ST SALES TAX INCREMENT  REVENUE | CUSIP: 74482BAH0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $961973.40    | 0.51%             | 2036-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp Sales Tax Revenue             | PUERTO RICO SALES TAX FING CORP SALES TAX REVENUE            | CUSIP: 74529JPX7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1425970.65   | 0.76%             | 2058-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Quakertown General Authority                                       | QUAKERTOWN PA GEN AUTH                                       | CUSIP: 74752PBP3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $939731.50    | 0.50%             | 2042-07-01      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| RBC Municipal Products Inc Trust                                   | RBC MUNI PRODUCTS INC TRUST                                  | CUSIP: 74934R5R3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    915000 | PA      | $915000.00    | 0.49%             | 2030-03-01      | Floating      | 2.45%                 | No            |                  2 | On Loan: No      |
| City of Ramsey MN                                                  | RAMSEY MN CHRT SCH LEASE REVENUE                             | CUSIP: 751814AA2<br>LEI: 549300PYUDKBK3S78343 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1007084.30   | 0.54%             | 2032-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Riverpark Metropolitan District/Arapahoe County                    | RIVERPARK MET DIST CO LIMITED TAX & SPL REVENUE              | CUSIP: 76883BAB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1150000 | PA      | $1167440.10   | 0.62%             | 2054-12-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Roanoke County Economic Development Authority                      | ROANOKE CNTY VA ECON DEV AUTHRSDL CARE FAC REVENUE           | CUSIP: 76982TAG3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    550000 | PA      | $539613.09    | 0.29%             | 2058-09-01      | Floating      | 5.50%                 | No            |                  2 | On Loan: No      |
| City of Rochester MN                                               | ROCHESTER MN HLTH CARE FACS REVENUE                          | CUSIP: 771902GY3<br>LEI: 549300006EX3INSHXA95 | Long             | DBT              | MUN               | US        |    500000 | PA      | $500000.00    | 0.27%             | 2047-11-15      | Floating      | 2.35%                 | No            |                  2 | On Loan: No      |
| SA Energy Acquisition Public Facility Corp                         | SA ENERGY ACQUISITION PUBLIC FAC CORP TX GAS SPLY REVENUE    | CUSIP: 785138AV0<br>LEI: 5493006HRL5XH4QOE746 | Long             | DBT              | MUN               | US        |    190000 | PA      | $195094.19    | 0.10%             | 2027-08-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| City of St Cloud MN                                                | ST CLOUD MN CHRT SCH LEASE REVENUE                           | CUSIP: 788326AF3<br>LEI: 549300IOO80ICGIWAU74 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $740000.00    | 0.39%             | 2032-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| St Johns County Industrial Development Authority                   | SAINT JOHNS CNTY FL INDL DEV AUTH SENIOR LIVING REVENUE      | CUSIP: 79041LAP3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $817487.10    | 0.44%             | 2046-12-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Sierra Vista Industrial Development Authority                      | SIERRA VISTA AZ INDL DEV AUTH AUTH ED FAC REV                | CUSIP: 82652UAW2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $850409.30    | 0.45%             | 2054-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Skagit County Public Hospital District No 1                        | SKAGIT CNTY WA PUBLIC HOSP DIST #1                           | CUSIP: 830227EP5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1006953.80   | 0.54%             | 2054-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Soleil Hills Public Infrastructure District No 1                   | SOLEIL HILLS PUB INFRASTRUCTURE DIST #1 UT                   | CUSIP: 834201AA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1480865.10   | 0.79%             | 2055-03-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs-Economic Development Authority                 | SOUTH CAROLINA ST JOBS-ECON DEV AUTH ECON DEV REVENUE        | CUSIP: 837031J53<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |    750000 | PA      | $750505.20    | 0.40%             | 2046-04-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs-Economic Development Authority                 | SOUTH CAROLINA ST JOBS-ECON DEV AUTH ECON DEV REVENUE        | CUSIP: 837031J79<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |    250000 | PA      | $249399.58    | 0.13%             | 2056-04-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs-Economic Development Authority                 | SOUTH CAROLINA ST JOBS-ECON DEV AUTH RSDL FACS REVENUE       | CUSIP: 83704CAY4<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $931804.50    | 0.50%             | 2048-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs-Economic Development Authority                 | SOUTH CAROLINA ST JOBS-ECON DEV AUTH SENIOR LIVING REVENUE   | CUSIP: 83704KAB6<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1528220.25   | 0.82%             | 2042-10-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs-Economic Development Authority                 | SOUTH CAROLINA ST JOBS-ECON DEV AUTH EDUCTNL FACS REVENUE    | CUSIP: 83704MBH8<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |    500000 | PA      | $473842.65    | 0.25%             | 2045-10-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs-Economic Development Authority                 | SOUTH CAROLINA ST JOBS-ECON DEV AUTH EDUCTNL FACS REVENUE    | CUSIP: 83704MDR4<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1029633.60   | 0.55%             | 2043-06-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| South Salt Lake Redevelopment Agency                               | SOUTH SALT LAKE UT REDEV AGY TAX INCREMENT REVENUE           | CUSIP: 83985AAA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1519995.45   | 0.81%             | 2046-04-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Southeast Energy Authority A Cooperative District                  | SOUTHEAST ENERGY AUTHORITY A COOPERATIVE                     | CUSIP: 84136HBC6<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1508481.60   | 0.80%             | 2056-01-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| St Vrain Lakes Metropolitan District No 2                          | ST VRAIN LAKES MET DIST NO 2                                 | CUSIP: 85236GBA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $981665.20    | 0.52%             | 2054-11-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| St Vrain Lakes Metropolitan District No 4                          | ST VRAIN LAKES MET DIST NO 4                                 | CUSIP: 85237KAA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $732845.00    | 0.39%             | 2054-09-20      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Stamford Housing Authority                                         | STAMFORD CT HSG AUTH                                         | CUSIP: 852640AK7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1519022.10   | 0.81%             | 2055-10-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Sterling Ranch Community Authority Board                           | STERLING RANCH CMNTY AUTH BRD CO SUPPORTED REVENUE           | CUSIP: 85950NAY6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1496782.20   | 0.80%             | 2054-12-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| City of Stuart IA                                                  | STUART IA                                                    | CUSIP: 863795KC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    680000 | PA      | $681847.42    | 0.36%             | 2045-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Suffolk Regional Off-Track Betting Corp                            | SUFFOLK REGL OFF-TRACK BETTING CORP NY REV                   | CUSIP: 86480TAC8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1016815.30   | 0.54%             | 2053-12-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Tarrant County Cultural Education Facilities Finance Corp          | TARRANT CNTY TX CULTURAL EDU FACS FIN CORP RETMNT FAC REVENU | CUSIP: 87638RKC0<br>LEI: 549300ROY505NVTMMI25 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $963067.80    | 0.51%             | 2046-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tarrant County Cultural Education Facilities Finance Corp          | TARRANT CNTY TX CULTURAL EDU FACS FIN CORP REVENUE           | CUSIP: 87638TJK0<br>LEI: 549300ROY505NVTMMI25 | Long             | DBT              | MUN               | US        |    800000 | PA      | $784305.12    | 0.42%             | 2049-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tempe Industrial Development Authority                             | TEMPE AZ INDL DEV AUTH REVENUE                               | CUSIP: 87972MAY8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2400000 | PA      | $1869030.72   | 1.00%             | 2052-10-01      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| Tender Option Bond Trust Receipts/Certificates                     | TENDER OPTION BOND TRUST RECEIPTS / CTFS VARIOUS STATES      | CUSIP: 88035TRY8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2000000.00   | 1.07%             | 2056-04-01      | Floating      | 2.40%                 | No            |                  2 | On Loan: No      |
| Trails at Crowfoot Metropolitan District No 3                      | TRAILS AT CROWFOOT MET DIST #3 CO                            | CUSIP: 89286RAV0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $494935.20    | 0.26%             | 2052-12-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| UIPA Crossroads Public Infrastructure District                     | UIPA CROSSROADS PUB INFRASTRUCTURE DIST UT TAX DIFF REVENUE  | CUSIP: 90279EAB0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $902114.50    | 0.48%             | 2052-06-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Utah Charter School Finance Authority                              | UTAH ST CHRT SCH FIN AUTH CHRT SCH REVENUE                   | CUSIP: 91754TH22<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1570000 | PA      | $1455437.41   | 0.78%             | 2041-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Valparaiso IN                                              | VALPARAISO IN EXEMPT FACS REVENUE                            | CUSIP: 92028RAF2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $475050.65    | 0.25%             | 2054-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Venice FL                                                  | VENICE FL                                                    | CUSIP: 922687AD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $966891.80    | 0.52%             | 2055-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Village Metropolitan District/The                                  | VILLAGE MET DIST CO                                          | CUSIP: 92708CAD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1302484.69   | 0.69%             | 2055-12-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Village Community Development District No 15                       | VILLAGE CDD NO 15 SPL ASSMNT REVENUE                         | CUSIP: 92708KAE7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    975000 | PA      | $954044.72    | 0.51%             | 2054-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Village Community Development District No 16                       | VLG CDD #16 FL SPL ASSMNT REVENUE                            | CUSIP: 92708MAD5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    650000 | PA      | $649103.13    | 0.35%             | 2045-05-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Virginia Small Business Financing Authority                        | VIRGINIA SMALL BUSINESS FING AUTH PRIV ACTIVITY REVENUE SR   | CUSIP: 928097AA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $974080.30    | 0.52%             | 2047-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Virginia Small Business Financing Authority                        | VIRGINIA SMALL BUSINESS FING AUTH PRIV ACTIVITY REVENUE SR   | CUSIP: 928097AC8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $954334.00    | 0.51%             | 2052-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington Economic Development Finance Authority                  | WASHINGTON ST ECON DEV FIN AUTH PORT REVENUE                 | CUSIP: 93975XAA1<br>LEI: 549300TQ7IXFA28IYO51 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1262813.25   | 0.67%             | 2045-12-01      | Floating      | 5.88%                 | No            |                  2 | On Loan: No      |
| Washington State Housing Finance Commission                        | WASHINGTON ST HSG FIN COMMISSION NONPROFIT HSG REVENUE       | CUSIP: 939783Q74<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |   1050000 | PA      | $1025031.32   | 0.55%             | 2048-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington State Housing Finance Commission                        | WASHINGTON ST HSG FIN COMMISSION NONPROFIT HSG REVENUE       | CUSIP: 939783U53<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |   1290000 | PA      | $1231251.59   | 0.66%             | 2053-01-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Washington Health Care Facilities Authority                        | WASHINGTON ST HLTH CARE FACS AUTH                            | CUSIP: 93978HXK6<br>LEI: 549300ZVPWQIL3N5TL85 | Long             | DBT              | MUN               | US        |    750000 | PA      | $754748.03    | 0.40%             | 2050-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington State Housing Finance Commission                        | WASHINGTON ST HSG FIN COMMISSION NONPROFIT REVENUE           | CUSIP: 93978LHG4<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |    500000 | PA      | $446149.20    | 0.24%             | 2054-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Westchester County Local Development Corp                          | WESTCHESTER CNTY NY LOCAL DEV CORP REVENUE                   | CUSIP: 95737TCD6<br>LEI: 549300KOSU8OC75V9238 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $917350.90    | 0.49%             | 2046-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ALLSPRING GOVERNMENT MONEY MAR                                     | ALLSPRING GOVERNMENT MONEY MAR                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | STIV             | RF                | US        |    690956 | NS      | $690956.43    | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                | WISCONSIN ST HLTH & EDUCTNL FACS AUTH REVENUE                | CUSIP: 97712DP75<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1262814.00   | 0.67%             | 2048-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                | WISCONSIN ST HLTH & EDUCTNL FACS AUTH REVENUE                | CUSIP: 97712JJE4<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   1450000 | PA      | $1484574.82   | 0.79%             | 2054-08-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Wood Ranch Public Infrastructure District                          | WOOD RANCH PUB INFRASTRUCTURE DIST UT SPL ASSMNT             | CUSIP: 97850AAA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1247267 | PA      | $1250729.40   | 0.67%             | 2053-12-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| City of Woodbury MN                                                | WOODBURY MN CHRT SCH LEASE REVENUE                           | CUSIP: 979134AU7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    660000 | PA      | $485260.05    | 0.26%             | 2051-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Wyandotte County-Kansas City Unified Government                    | WYANDOTTE CNTY KS KANSAS CITY UNIF GOVT SPL OBLG REVENUE     | CUSIP: 98267VCM3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2080000 | PA      | $1191174.40   | 0.64%             | 2034-09-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-04-29

**Name of Applicant:** ALLSPRING FUNDS TRUST

**Signature:** Jeremy DePalma

**Name of Signer:** Jeremy DePalma

**Title:** Treasurer