# EDGAR Filing Document

**Accession Number:** 0001469192
**File Stem:** 0001752724-25-152789
**Filing Date:** 2025-6
**Character Count:** 184506
**Document Hash:** 631ca42c0c77eee70db2f993ecc31534
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-152789.hdr.sgml**: 20250624

**ACCESSION NUMBER**: 0001752724-25-152789

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250430

**FILED AS OF DATE**: 20250624

**DATE AS OF CHANGE**: 20250624

**PERIOD START**: 20251031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** NEW YORK LIFE INVESTMENTS FUNDS TRUST
- **CENTRAL INDEX KEY:** 0001469192

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22321
- **FILM NUMBER:** 251067592

**BUSINESS ADDRESS:**
- **STREET 1:** 51 MADISON AVENUE
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10010
- **BUSINESS PHONE:** 212 576 7000

**MAIL ADDRESS:**
- **STREET 1:** 51 MADISON AVENUE
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10010

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MAINSTAY FUNDS TRUST
- **DATE OF NAME CHANGE:** 20090728

## Series and Classes Contracts Data

### NYLI MacKay California Muni Fund (Series ID: S000039903)

| Class ID   | Class Name     | Ticker Symbol   |
|:---|:---|:---|
| C000123763 | Class A        | MSCAX           |
| C000123764 | Class C        | MSCCX           |
| C000123765 | Class I        | MCOIX           |
| C000123766 | Investor Class | MSCVX           |
| C000185950 | Class R6       | MSODX           |
| C000221676 | Class C2       | MCAMX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** NEW YORK LIFE INVESTMENTS FUNDS TRUST

- **b. Investment Company Act file number:** 811-22321

- **c. CIK number of Registrant:** 0001469192

- **d. LEI of Registrant:** 549300SQRLBSUG7RD002

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

  - **Street Address 1:** 51 Madison Avenue

  - **City:** New York

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10010

  - **Telephone number:** 212-576-7000

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

- **a. Name of Series:** NYLI MacKay California Muni Fund

- **b. EDGAR series identifier (if any):** S000039903

- **c. LEI of Series:** 549300S8NE8IN2HVIF89

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

- **a. Date of fiscal year-end:** 2025-10-31

- **b. Date as of which information is reported:** 2025-04-30

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $1290810913.36

**Total Liabilities:** $42435083.12

**Net Assets:** $1248375830.24

**Cash Not Reported:** $5967725.19

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -329.56000000 | **1-Year:** -6610.49000000 | **5-Year:** -45543.18000000 | **10-Year:** -373339.02000000 | **30-Year:** -513887.38000000

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

- **3-Month:** -114.89000000 | **1-Year:** -2461.91000000 | **5-Year:** -11476.67000000 | **10-Year:** -52582.88000000 | **30-Year:** -80692.54000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000123763 | 0.98%                | -1.77%               | -1.29%               |
| Class ID C000123766 | 0.98%                | -1.77%               | -1.29%               |
| Class ID C000221676 | 1.05%                | -1.91%               | -1.32%               |
| Class ID C000185950 | 1.00%                | -1.75%               | -1.27%               |
| Class ID C000123764 | 0.96%                | -1.79%               | -1.31%               |
| Class ID C000123765 | 1.00%                | -1.75%               | -1.27%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-4952.86                | $11957574.36                               |
| Month 2  | $-666154.47              | $-27119554.76                              |
| Month 3  | $-9724913.38             | $-9990510.24                               |

**Designated Index Information**

- **Index Name:** Bloomberg Municipal Bond - California Exempt

- **Index Identifier:** LEH__LHMN0767

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| California Municipal Finance Authority                                       | California Municipal Finance Authority, Series B                                       | CUSIP: 13048VPY8<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1380000 | PA      | $1230108.54   | 0.10%             | 2054-10-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Matching Fund Special Purpose Securitization Corp.                           | Matching Fund Special Purpose Securitization Corp., Series A                           | CUSIP: 57665NAG0<br>LEI: N/A                  | Long             | DBT              | MUN               | VI        |  11915000 | PA      | $11789232.41  | 0.94%             | 2039-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Public Finance Authority                                          | California Public Finance Authority, Series A                                          | CUSIP: 13057EJF2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2865000 | PA      | $3188927.50   | 0.26%             | 2034-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Bayside Waste Management Authority                                     | South Bayside Waste Management Authority, Series A                                     | CUSIP: 83646ACH4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2435000 | PA      | $2510266.34   | 0.20%             | 2040-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Statewide Communities Development Authority                       | California Statewide Communities Development Authority                                 | CUSIP: 13077EPS3<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1002805.30   | 0.08%             | 2053-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Francisco Bay Area Rapid Transit District                                | San Francisco Bay Area Rapid Transit District, Series D-1                              | CUSIP: 797661C86<br>LEI: 549300Y3C3QUMLE3FY58 | Long             | DBT              | MUN               | US        |   5750000 | PA      | $6187957.95   | 0.50%             | 2047-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CSCDA Community Improvement Authority                                        | CSCDA Community Improvement Authority, Series A-2                                      | CUSIP: 126292AW1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $838204.63    | 0.07%             | 2057-02-01      | Fixed         | 3.00%                 | Yes           |                  2 | On Loan: No      |
| Southern California Public Power Authority                                   | Southern California Public Power Authority, Series 1                                   | CUSIP: 842469CL0<br>LEI: 5493003B5TD5FWUKMD34 | Long             | DBT              | MUN               | US        |   7500000 | PA      | $7654257.00   | 0.61%             | 2049-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| California County Tobacco Securitization Agency                              | California County Tobacco Securitization Agency, Series A                              | CUSIP: 13016NEX8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $332582.18    | 0.03%             | 2039-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Territory of Guam                                                            | Territory of Guam, Series D                                                            | CUSIP: 40065NBY2<br>LEI: N/A                  | Long             | DBT              | MUN               | GU        |   2000000 | PA      | $2012974.40   | 0.16%             | 2027-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| East County Advanced Water Purification Joint Powers Authority               | East County Advanced Water Purification Joint Powers Authority, Series A-1             | CUSIP: 271843AB0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2550000 | PA      | $2548375.65   | 0.20%             | 2026-09-01      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| California Community College Financing Authority                             | California Community College Financing Authority                                       | CUSIP: 13012RAH2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $261810.45    | 0.02%             | 2028-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Desert Community College District                                            | Desert Community College District                                                      | CUSIP: 250375MZ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1951264.40   | 0.16%             | 2043-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Modesto Irrigation District                                                  | Modesto Irrigation District, Series A                                                  | CUSIP: 607767DH0<br>LEI: S6U6XLZ7IOWYIG8C8H50 | Long             | DBT              | MUN               | US        |   7905000 | PA      | $8393623.86   | 0.67%             | 2048-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Ukiah Unified School District                                                | Ukiah Unified School District, Series B                                                | CUSIP: 903698EW4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2699935.50   | 0.22%             | 2053-08-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| State of California                                                          | State of California                                                                    | CUSIP: 13063DJ33<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4445000 | PA      | $4441716.92   | 0.36%             | 2037-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| State of California                                                          | State of California                                                                    | CUSIP: 13063DF78<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000811.70   | 0.08%             | 2036-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| State of California                                                          | State of California                                                                    | CUSIP: 13063DF86<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $3997045.60   | 0.32%             | 2037-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| San Francisco City & County Public Utilities Commission                      | San Francisco City & County Public Utilities Commission, Series A                      | CUSIP: 79768HGG7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $9866221.00   | 0.79%             | 2025-10-01      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| San Juan Unified School District                                             | San Juan Unified School District                                                       | CUSIP: 798306YR1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1800000 | PA      | $1938035.34   | 0.16%             | 2038-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California School Finance Authority                                          | California School Finance Authority, Series A                                          | CUSIP: 13059AAB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1843753.40   | 0.15%             | 2036-11-01      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| State of California                                                          | State of California                                                                    | CUSIP: 13063EMF0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4273433.20   | 0.34%             | 2045-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Romoland School District                                                     | Romoland School District                                                               | CUSIP: 776192WR3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    375000 | PA      | $379740.75    | 0.03%             | 2044-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Foothill-Eastern Transportation Corridor Agency                              | Foothill-Eastern Transportation Corridor Agency, Series A                              | CUSIP: 345105JH4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5270000 | PA      | $5034849.97   | 0.40%             | 2046-01-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Water District of Southern California                           | Metropolitan Water District of Southern California, Series A                           | CUSIP: 59266TTH4<br>LEI: 5493003GD0S0P56RLT45 | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3667993.35   | 0.29%             | 2046-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power Water System                         | Los Angeles Department of Water & Power Water System, Series A                         | CUSIP: 544525T32<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1002126.90   | 0.08%             | 2049-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Long Beach Airport System                                            | City of Long Beach Airport System, Series A                                            | CUSIP: 542403CU2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $536810.40    | 0.04%             | 2039-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington Township Health Care District                                     | Washington Township Health Care District, Series B                                     | CUSIP: 940642GE5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $536242.05    | 0.04%             | 2048-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                                  | Commonwealth of Puerto Rico                                                            | CUSIP: 74514L4C8<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | PR        |   6349793 | PA      | $3897185.63   | 0.31%             | 2051-11-01      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| East Bay Municipal Utility District Water System                             | East Bay Municipal Utility District Water System, Series A                             | CUSIP: 271014L42<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3326722.50   | 0.27%             | 2037-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of San Francisco                                                        | City of San Francisco, Series A                                                        | CUSIP: 79771FFZ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5678979.00   | 0.45%             | 2032-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Sacramento Municipal Utility District                                        | Sacramento Municipal Utility District, Series M                                        | CUSIP: 786005K49<br>LEI: E3GSVR6ZOU1MX2V7HF33 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2135445.00   | 0.17%             | 2045-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                       | California Municipal Finance Authority, Series A                                       | CUSIP: 13048VMH8<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   3065000 | PA      | $3159157.72   | 0.25%             | 2044-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Redondo Beach Unified School District                                        | Redondo Beach Unified School District, Series A                                        | CUSIP: 757710VZ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1763801.03   | 0.14%             | 2055-08-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| South San Francisco Unified School District                                  | South San Francisco Unified School District                                            | CUSIP: 840058WB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $9477630.00   | 0.76%             | 2052-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Foothill-Eastern Transportation Corridor Agency                              | Foothill-Eastern Transportation Corridor Agency, Series A                              | CUSIP: 345105HJ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2238716.40   | 0.18%             | 2031-01-15      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                   | City of Los Angeles Department of Airports, Series G                                   | CUSIP: 544445C23<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1375000 | PA      | $1465741.48   | 0.12%             | 2039-05-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                   | City of Los Angeles Department of Airports, Series F                                   | CUSIP: 5444457M5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9095000 | PA      | $9546255.70   | 0.76%             | 2029-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Virgin Islands Public Finance Authority                                      | Virgin Islands Public Finance Authority, Series A                                      | CUSIP: 927676TB2<br>LEI: N/A                  | Long             | DBT              | MUN               | VI        |   1500000 | PA      | $1469211.15   | 0.12%             | 2029-10-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| City of San Francisco                                                        | City of San Francisco, Series A                                                        | CUSIP: 79771FGH4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $821659.20    | 0.07%             | 2040-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Elk Grove Unified School District                                            | Elk Grove Unified School District                                                      | CUSIP: 287281XV6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3740000 | PA      | $2585768.68   | 0.21%             | 2040-08-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                          | U.S. Treasury Long Bonds                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |      -490 | NC      | $-200862.66   | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| Carlsbad Unified School District                                             | Carlsbad Unified School District, Series B                                             | CUSIP: 142665GV4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $769426.00    | 0.06%             | 2046-08-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| California Enterprise Development Authority                                  | California Enterprise Development Authority, Series B                                  | CUSIP: 13067RFT5<br>LEI: 549300544P6FSHU1HB46 | Long             | DBT              | MUN               | US        |    750000 | PA      | $680754.38    | 0.05%             | 2040-08-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Los Angeles County Facilities 2, Inc.                                        | Los Angeles County Facilities 2, Inc., Series A                                        | CUSIP: 54531PAU3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7000000 | PA      | $7378459.20   | 0.59%             | 2057-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                       | California Municipal Finance Authority, Series B                                       | CUSIP: 13051AAS7<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1070000 | PA      | $949327.65    | 0.08%             | 2043-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                   | City of Los Angeles Department of Airports, Series G                                   | CUSIP: 544445C31<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4242851.20   | 0.34%             | 2040-05-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Clovis Unified School District                                               | Clovis Unified School District, Series B                                               | CUSIP: 189342Q43<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1057925.80   | 0.08%             | 2042-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| California Statewide Communities Development Authority                       | California Statewide Communities Development Authority, Series A                       | CUSIP: 13080SBY9<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |    500000 | PA      | $500551.35    | 0.04%             | 2043-11-01      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: No      |
| Dreyfus Government Cash Management - Institutional Shares                    | Dreyfus Government Cash Management - Institutional Shares                              | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             | RF                | US        |  19772552 | NS      | $19772551.52  | 1.58%             |  |  |  | No            |                  1 | On Loan: No      |
| California Community Choice Financing Authority                              | California Community Choice Financing Authority, Series F                              | CUSIP: 13013JDD5<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   7205000 | PA      | $7716158.00   | 0.62%             | 2054-10-01      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                       | California Municipal Finance Authority, Series A                                       | CUSIP: 13048DBP2<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1301617.98   | 0.10%             | 2036-07-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Denair Unified School District                                               | Denair Unified School District                                                         | CUSIP: 248217EJ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4260000 | PA      | $1979666.30   | 0.16%             | 2041-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| California State University                                                  | California State University, Series A                                                  | CUSIP: 13077DUU4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1393330.20   | 0.11%             | 2055-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of San Francisco                                                        | City of San Francisco, Series A                                                        | CUSIP: 79771FGD3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1132730.00   | 0.09%             | 2036-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                   | City of Los Angeles Department of Airports, Series D                                   | CUSIP: 544445GN3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3135045.30   | 0.25%             | 2030-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                       | California Municipal Finance Authority, Series A                                       | CUSIP: 13048DBT4<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1275000 | PA      | $1276276.40   | 0.10%             | 2036-05-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| South San Francisco Public Facilities Financing Authority                    | South San Francisco Public Facilities Financing Authority, Series A                    | CUSIP: 840035CL1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1150000 | PA      | $1222481.17   | 0.10%             | 2040-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Peralta Community College District                                           | Peralta Community College District                                                     | CUSIP: 713575ZC5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7855000 | PA      | $8059197.79   | 0.65%             | 2026-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                                  | Commonwealth of Puerto Rico, Series A-1                                                | CUSIP: 74514L3H8<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | PR        |   2000000 | PA      | $2079965.00   | 0.17%             | 2029-07-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                       | California Municipal Finance Authority, Series A                                       | CUSIP: 13048RAM9<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   7500000 | PA      | $7517158.50   | 0.60%             | 2053-09-01      | Variable      | 4.38%                 | No            |                  2 | On Loan: No      |
| California School Finance Authority                                          | California School Finance Authority, Series A                                          | CUSIP: 13058TUK4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1350000 | PA      | $1226380.23   | 0.10%             | 2054-06-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Needles Unified School District                                              | Needles Unified School District, Series B                                              | CUSIP: 640023EK9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1042781.63   | 0.08%             | 2045-08-01      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| Matching Fund Special Purpose Securitization Corp.                           | Matching Fund Special Purpose Securitization Corp., Series A                           | CUSIP: 57665NAF2<br>LEI: N/A                  | Long             | DBT              | MUN               | VI        |   3140000 | PA      | $3229664.58   | 0.26%             | 2032-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Water District of Southern California                           | Metropolitan Water District of Southern California, Series B-1                         | CUSIP: 59266TXN6<br>LEI: 5493003GD0S0P56RLT45 | Long             | STIV             | MUN               | US        |   2300000 | PA      | $2300000.00   | 0.18%             | 2047-07-01      | Variable      | 3.00%                 | No            |                  2 | On Loan: No      |
| California Infrastructure & Economic Development Bank                        | California Infrastructure & Economic Development Bank, Series A                        | CUSIP: 13034A5B2<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1990861.60   | 0.16%             | 2029-08-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| California Statewide Communities Development Authority                       | California Statewide Communities Development Authority, Series A                       | CUSIP: 13080ST53<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1060171.60   | 0.08%             | 2044-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Long Beach Airport System                                            | City of Long Beach Airport System, Series A                                            | CUSIP: 542403CT5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $808792.28    | 0.06%             | 2038-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Long Beach Airport System                                            | City of Long Beach Airport System, Series A                                            | CUSIP: 542403CN8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    550000 | PA      | $610778.47    | 0.05%             | 2033-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Health Facilities Financing Authority                             | California Health Facilities Financing Authority, Series A                             | CUSIP: 13032US82<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1014024.00   | 0.08%             | 2054-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Public Finance Authority                                          | California Public Finance Authority, Series A                                          | CUSIP: 13057EJE5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2215362.80   | 0.18%             | 2033-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Educational Facilities Authority                                  | California Educational Facilities Authority, Series A                                  | CUSIP: 130179YE8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  12500000 | PA      | $13123861.25  | 1.05%             | 2055-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Modesto Irrigation District                                                  | Modesto Irrigation District, Series A                                                  | CUSIP: 607767AX8<br>LEI: S6U6XLZ7IOWYIG8C8H50 | Long             | DBT              | MUN               | US        |   1690000 | PA      | $1696765.24   | 0.14%             | 2040-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles                                                          | City of Los Angeles, Series C                                                          | CUSIP: 53945CMP2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4500000 | PA      | $5101624.35   | 0.41%             | 2035-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California County Tobacco Securitization Agency                              | California County Tobacco Securitization Agency, Series A                              | CUSIP: 13016NES9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $295499.01    | 0.02%             | 2034-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Oakland Unified School District/Alameda County                               | Oakland Unified School District, Series A                                              | CUSIP: 672325Q83<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2240000 | PA      | $2478113.34   | 0.20%             | 2039-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Irvine Unified School District                                               | Irvine Unified School District, Series A                                               | CUSIP: 463612MU2<br>LEI: 549300BNIP4XNVC0X742 | Long             | DBT              | MUN               | US        |    545000 | PA      | $567417.10    | 0.05%             | 2036-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Sacramento Municipal Utility District                                        | Sacramento Municipal Utility District, Series M                                        | CUSIP: 786005K31<br>LEI: E3GSVR6ZOU1MX2V7HF33 | Long             | DBT              | MUN               | US        |    750000 | PA      | $803513.55    | 0.06%             | 2044-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California School Finance Authority                                          | California School Finance Authority, Series A                                          | CUSIP: 13058TGK0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1485000 | PA      | $1496108.25   | 0.12%             | 2037-10-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Fort Bragg Unified School District                                           | Fort Bragg Unified School District, Series B                                           | CUSIP: 347028LL4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1046343.90   | 0.08%             | 2052-08-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                       | California Municipal Finance Authority, Series A                                       | CUSIP: 13049UEW5<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   2085000 | PA      | $2162261.55   | 0.17%             | 2037-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Oakland Unified School District/Alameda County                               | Oakland Unified School District, Series A                                              | CUSIP: 672325R41<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3238902.90   | 0.26%             | 2043-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Norman Y Mineta San Jose International Airport SJC                           | Norman Y Mineta San Jose International Airport SJC, Series A                           | CUSIP: 798136VR5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2016876.40   | 0.16%             | 2037-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Hayward Unified School District                                              | Hayward Unified School District, Series A                                              | CUSIP: 421295AG1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    845000 | PA      | $900412.99    | 0.07%             | 2041-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California State Public Works Board                                          | California State Public Works Board, Series A                                          | CUSIP: 13068XKZ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1625528.10   | 0.13%             | 2040-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Manteca Unified School District                                              | Manteca Unified School District, Series B                                              | CUSIP: 564538HR0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2113932.20   | 0.17%             | 2053-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| MSR Energy Authority                                                         | MSR Energy Authority, Series B                                                         | CUSIP: 55374SAE0<br>LEI: 549300UEMSS1JTK5YB98 | Long             | DBT              | MUN               | US        |    950000 | PA      | $1123202.01   | 0.09%             | 2034-11-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Tobacco Securitization Authority of Northern California                      | Tobacco Securitization Authority of Northern California, Series A                      | CUSIP: 888794BX1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2593884.60   | 0.21%             | 2049-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| San Diego Unified School District                                            | San Diego Unified School District, Series R-2                                          | CUSIP: 797355Q56<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4360000 | PA      | $4320974.08   | 0.35%             | 2041-07-01      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                              | California Community Choice Financing Authority, Series D                              | CUSIP: 13013JFD3<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |  12550000 | PA      | $13203895.16  | 1.06%             | 2055-02-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Palm Springs Unified School District                                         | Palm Springs Unified School District, Series B                                         | CUSIP: 6966676Y5<br>LEI: 549300VO66CCEHGE5291 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1086353.80   | 0.09%             | 2044-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of California                                                          | State of California                                                                    | CUSIP: 13063DRA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3448785.55   | 0.28%             | 2039-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| San Diego County Regional Airport Authority                                  | San Diego County Regional Airport Authority, Series B                                  | CUSIP: 79739GRB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3370000 | PA      | $3660519.95   | 0.29%             | 2036-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Riverside Electric                                                   | City of Riverside, Series A                                                            | CUSIP: 768874VQ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    550000 | PA      | $597127.91    | 0.05%             | 2041-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Infrastructure & Economic Development Bank                        | California Infrastructure & Economic Development Bank, Series B                        | CUSIP: 13035AAS8<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |    350000 | PA      | $352575.30    | 0.03%             | 2044-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Diego Public Facilities Financing Authority                              | San Diego Public Facilities Financing Authority, Series A                              | CUSIP: 79730ALT3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1525000 | PA      | $1645464.17   | 0.13%             | 2043-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Health Facilities Financing Authority                             | California Health Facilities Financing Authority, Series A                             | CUSIP: 13032UA81<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4902254.50   | 0.39%             | 2040-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Municipal Improvement Corp. of Los Angeles                                   | Municipal Improvement Corp. of Los Angeles, Series A                                   | CUSIP: 5445874Y1<br>LEI: 549300ZJ0YLTZNSR8F57 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1070569.00   | 0.09%             | 2043-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Clovis Unified School District                                               | Clovis Unified School District, Series C                                               | CUSIP: 189342T32<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $9400466.00   | 0.75%             | 2048-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                   | City of Los Angeles Department of Airports, Series G                                   | CUSIP: 544445B65<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1902384.40   | 0.15%             | 2035-05-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| City of Berkeley                                                             | City of Berkeley                                                                       | CUSIP: 084113YY9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1590000 | PA      | $1099137.43   | 0.09%             | 2040-09-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Unified School District/CA                                       | Los Angeles Unified School District, Series QRR                                        | CUSIP: 544647GX2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3852483.25   | 0.31%             | 2040-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Oakland Unified School District/Alameda County                               | Oakland Unified School District, Series A                                              | CUSIP: 672325Q91<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1600000 | PA      | $1758651.36   | 0.14%             | 2040-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| California Infrastructure & Economic Development Bank                        | California Infrastructure & Economic Development Bank, Series A                        | CUSIP: 13034A5K2<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |   7500000 | PA      | $7582522.50   | 0.61%             | 2049-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Los Angeles Unified School District                                          | Los Angeles Unified School District, Series QRR                                        | CUSIP: 544647GD6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7500000 | PA      | $7939475.25   | 0.64%             | 2047-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Los Angeles Unified School District                                          | Los Angeles Unified School District, Series A                                          | CUSIP: 5446465N8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1002721.20   | 0.08%             | 2025-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Public Finance Authority                                          | California Public Finance Authority, Series A                                          | CUSIP: 13057EJD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1180000 | PA      | $1299059.29   | 0.10%             | 2032-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Educational Facilities Authority                                  | California Educational Facilities Authority, Series A                                  | CUSIP: 130179YD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2891012.00   | 0.23%             | 2035-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles County Public Works Financing Authority                          | Los Angeles County Public Works Financing Authority, Series G                          | CUSIP: 54473EXL3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5965000 | PA      | $6275166.88   | 0.50%             | 2041-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port of Oakland                                                              | Port of Oakland, Series H                                                              | CUSIP: 735000UZ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |      5000 | PA      | $5357.72      | 0.00%             | 2029-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Mateo Foster City School District                                        | San Mateo Foster City School District, Series B                                        | CUSIP: 799055TT5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1094216.40   | 0.09%             | 2040-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Virgin Islands Public Finance Authority                                      | Virgin Islands Public Finance Authority, Series A                                      | CUSIP: 927676RP3<br>LEI: N/A                  | Long             | DBT              | MUN               | VI        |   1050000 | PA      | $1014918.35   | 0.08%             | 2032-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California School Finance Authority                                          | California School Finance Authority                                                    | CUSIP: 13058TLU2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    650000 | PA      | $650728.72    | 0.05%             | 2028-08-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                         | Puerto Rico Electric Power Authority, Series UU                                        | CUSIP: 74526QLW0<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | PR        |    460000 | PA      | $449983.45    | 0.04%             | 2027-07-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| San Francisco City & County Airport Comm-San Francisco International Airport | San Francisco City & County Airport Commission, Series A                               | CUSIP: 79766DWR6<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |   1715000 | PA      | $1779669.56   | 0.14%             | 2039-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Sacramento City Unified School District                                      | Sacramento City Unified School District, Series A                                      | CUSIP: 785870E93<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4500000 | PA      | $4755930.75   | 0.38%             | 2052-08-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| California County Tobacco Securitization Agency                              | California County Tobacco Securitization Agency, Series A                              | CUSIP: 13016NEV2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    275000 | PA      | $264517.50    | 0.02%             | 2037-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Grossmont Healthcare District                                                | Grossmont Healthcare District, Series F                                                | CUSIP: 399223DR4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    875000 | PA      | $915410.83    | 0.07%             | 2027-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Hastings Campus Housing Finance Authority                                    | Hastings Campus Housing Finance Authority, Series A                                    | CUSIP: 418338AB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7000000 | PA      | $6245400.00   | 0.50%             | 2061-07-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Montebello Unified School District                                           | Montebello Unified School District, Series B                                           | CUSIP: 612289US5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1586720.85   | 0.13%             | 2047-08-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Tracy Community Facilities District/CA                                       | Tracy Community Facilities District                                                    | CUSIP: 892376UA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1053984.10   | 0.08%             | 2048-09-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| California Statewide Communities Development Authority                       | California Statewide Communities Development Authority, Series A                       | CUSIP: 13080SM50<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1033604.10   | 0.08%             | 2042-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Diego Unified School District                                            | San Diego Unified School District, Series A-3                                          | CUSIP: 797356JN3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2665000 | PA      | $2789433.91   | 0.22%             | 2048-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Joaquin Hills Transportation Corridor Agency                             | San Joaquin Hills Transportation Corridor Agency, Series A                             | CUSIP: 798111GU8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1009577.10   | 0.08%             | 2035-01-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California Statewide Financing Authority                                     | California Statewide Financing Authority, Series A                                     | CUSIP: 130923BH7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1230000 | PA      | $1257693.82   | 0.10%             | 2043-05-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| California Infrastructure & Economic Development Bank                        | California Infrastructure & Economic Development Bank                                  | CUSIP: 13034A2N9<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |   5250000 | PA      | $5083389.68   | 0.41%             | 2045-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Washington Township Health Care District                                     | Washington Township Health Care District, Series B                                     | CUSIP: 940642FZ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    880000 | PA      | $962050.06    | 0.08%             | 2040-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power Water System                         | Los Angeles Department of Water & Power Water System, Series B                         | CUSIP: 544525C97<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1575000 | PA      | $1579662.32   | 0.13%             | 2046-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Territory of Guam                                                            | Territory of Guam, Series D                                                            | CUSIP: 40065NCE5<br>LEI: N/A                  | Long             | DBT              | MUN               | GU        |   2630000 | PA      | $2640779.06   | 0.21%             | 2033-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of San Francisco                                                        | City of San Francisco, Series A                                                        | CUSIP: 79771FGG6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1103144.50   | 0.09%             | 2039-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                                  | Commonwealth of Puerto Rico                                                            | CUSIP: 74514L3T2<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | PR        |   4518200 | PA      | $2705272.25   | 0.22%             | 2043-11-01      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| California Health Facilities Financing Authority                             | California Health Facilities Financing Authority                                       | CUSIP: 13032UMJ4<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |   6500000 | PA      | $6533679.10   | 0.52%             | 2047-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington Township Health Care District                                     | Washington Township Health Care District, Series A                                     | CUSIP: 940204GX2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $316254.90    | 0.03%             | 2048-07-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| California Enterprise Development Authority                                  | California Enterprise Development Authority, Series A                                  | CUSIP: 13067RFS7<br>LEI: 549300544P6FSHU1HB46 | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3332129.50   | 0.27%             | 2040-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Ceres Unified School District                                                | Ceres Unified School District                                                          | CUSIP: 156753PM1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $298195.30    | 0.02%             | 2037-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| California Statewide Communities Development Authority                       | California Statewide Communities Development Authority                                 | CUSIP: 13078RHG8<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3507983.85   | 0.28%             | 2050-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of San Mateo                                                            | City of San Mateo, Series 1                                                            | CUSIP: 79901PCY2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4208246.00   | 0.34%             | 2040-09-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Commonwealth Aqueduct & Sewer Authority                          | Puerto Rico Commonwealth Aqueduct & Sewer Authority, Series A                          | CUSIP: 745160SJ1<br>LEI: N/A                  | Long             | DBT              | MUN               | PR        |  16295000 | PA      | $15424887.74  | 1.24%             | 2047-07-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| California State Public Works Board                                          | California State Public Works Board, Series C                                          | CUSIP: 13068L4X0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3735000 | PA      | $3862670.14   | 0.31%             | 2044-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Long Beach Airport System                                            | City of Long Beach Airport System, Series A                                            | CUSIP: 542403CP3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    410000 | PA      | $453324.21    | 0.04%             | 2034-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Alum Rock Union Elementary School District                                   | Alum Rock Union Elementary School District, Series B                                   | CUSIP: 022168TT5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3575000 | PA      | $3734925.12   | 0.30%             | 2027-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of California                                                          | State of California                                                                    | CUSIP: 13063DXC7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4775000 | PA      | $4711248.98   | 0.38%             | 2038-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Palomar Community College District                                           | Palomar Community College District, Series B                                           | CUSIP: 697511BX0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2362469.40   | 0.19%             | 2039-08-01      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                         | Puerto Rico Electric Power Authority, Series XX                                        | CUSIP: 74526QVX7<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | PR        |   1000000 | PA      | $557500.00    | 0.04%             | 2040-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Riverside Electric                                                   | City of Riverside, Series A                                                            | CUSIP: 768874VR7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    515000 | PA      | $554763.30    | 0.04%             | 2042-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Guam Power Authority                                                         | Guam Power Authority, Series A                                                         | CUSIP: 400653JL6<br>LEI: 549300IPOV320QCKW060 | Long             | DBT              | MUN               | GU        |   1000000 | PA      | $1010590.10   | 0.08%             | 2040-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of California                                                          | State of California                                                                    | CUSIP: 13063ECU8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $272741.05    | 0.02%             | 2054-08-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| San Francisco City & County Redevelopment Agency Successor Agency            | San Francisco City & County Redevelopment Agency Successor Agency, Series B            | CUSIP: 79770GKA3<br>LEI: 5493001TPOZL3UK8DX25 | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1457167.18   | 0.12%             | 2053-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Children's Trust Fund                                                        | Children's Trust Fund, Series A                                                        | CUSIP: 16876QBJ7<br>LEI: N/A                  | Long             | DBT              | MUN               | PR        |   1500000 | PA      | $276423.15    | 0.02%             | 2050-05-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                     | New Hampshire Business Finance Authority, Series 4, Class A                            | CUSIP: 63607WBB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4988839 | PA      | $4757572.32   | 0.38%             | 2039-07-20      | Variable      | 3.58%                 | No            |                  2 | On Loan: No      |
| California School Finance Authority                                          | California School Finance Authority, Series A                                          | CUSIP: 13059TEE5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $501545.45    | 0.04%             | 2037-07-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| California Public Finance Authority                                          | California Public Finance Authority, Series A                                          | CUSIP: 13057EDH4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1030171.10   | 0.08%             | 2054-07-01      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| California State University                                                  | California State University, Series A                                                  | CUSIP: 13077DUT7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  11000000 | PA      | $12005196.50  | 0.96%             | 2055-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CSCDA Community Improvement Authority                                        | CSCDA Community Improvement Authority, Series A                                        | CUSIP: 126292BD2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1584407.80   | 0.13%             | 2056-10-01      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| Palm Springs Unified School District                                         | Palm Springs Unified School District, Series B                                         | CUSIP: 6966676X7<br>LEI: 549300VO66CCEHGE5291 | Long             | DBT              | MUN               | US        |   1630000 | PA      | $1779668.88   | 0.14%             | 2043-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington Township Health Care District                                     | Washington Township Health Care District, Series B                                     | CUSIP: 940642FV8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $556467.70    | 0.04%             | 2036-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| California Health Facilities Financing Authority                             | California Health Facilities Financing Authority, Series A                             | CUSIP: 13032UU63<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |   1805000 | PA      | $1846542.80   | 0.15%             | 2043-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Mountain View Shoreline Regional Park Community                              | Mountain View Shoreline Regional Park Community, Series A                              | CUSIP: 624410HE9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1645000 | PA      | $1708224.59   | 0.14%             | 2036-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of California                                                          | State of California                                                                    | CUSIP: 13063BJC7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5760000 | PA      | $6999446.59   | 0.56%             | 2040-11-01      | Fixed         | 7.60%                 | No            |                  2 | On Loan: No      |
| California School Finance Authority                                          | California School Finance Authority                                                    | CUSIP: 13058TSG6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    525000 | PA      | $535131.35    | 0.04%             | 2047-08-01      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| California School Finance Authority                                          | California School Finance Authority                                                    | CUSIP: 13058TMA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1695000 | PA      | $1624631.40   | 0.13%             | 2046-08-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Norman Y Mineta San Jose International Airport SJC                           | Norman Y Mineta San Jose International Airport SJC, Series A                           | CUSIP: 798136XA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1855000 | PA      | $1954924.58   | 0.16%             | 2030-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Glendale Community College District                                          | Glendale Community College District, Series B                                          | CUSIP: 378394HZ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4500000 | PA      | $3328689.60   | 0.27%             | 2047-08-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Burbank-Glendale-Pasadena Airport Authority Brick Campaign                   | Burbank-Glendale-Pasadena Airport Authority Brick Campaign, Series B                   | CUSIP: 120827ED8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4114917.60   | 0.33%             | 2049-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Grossmont Healthcare District                                                | Grossmont Healthcare District, Series F                                                | CUSIP: 399223DQ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    895000 | PA      | $918135.21    | 0.07%             | 2026-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Diego Unified School District                                            | San Diego Unified School District, Series F-2                                          | CUSIP: 797356FQ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3020000 | PA      | $3280798.74   | 0.26%             | 2040-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Cabrillo Unified School District                                             | Cabrillo Unified School District, Series B                                             | CUSIP: 127127MD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3150000 | PA      | $3214096.52   | 0.26%             | 2050-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Community College Financing Authority                             | California Community College Financing Authority                                       | CUSIP: 13012RAJ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1470000 | PA      | $1537184.29   | 0.12%             | 2029-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Santa Clara Unified School District                                          | Santa Clara Unified School District                                                    | CUSIP: 801495Z96<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4109287.50   | 0.33%             | 2044-07-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| California Statewide Communities Development Authority                       | California Statewide Communities Development Authority, Series C-1                     | CUSIP: 13078YVU6<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   3175000 | PA      | $3277804.91   | 0.26%             | 2044-09-02      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Alum Rock Union Elementary School District                                   | Alum Rock Union Elementary School District, Series B                                   | CUSIP: 022168TU2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2360000 | PA      | $2508774.40   | 0.20%             | 2028-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Banos Unified School District                                            | Los Banos Unified School District                                                      | CUSIP: 545438GP2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2681812.00   | 0.21%             | 2049-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Golden State Tobacco Securitization Corp.                                    | Golden State Tobacco Securitization Corp., Series A-1                                  | CUSIP: 38122ND90<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7165000 | PA      | $7176956.95   | 0.57%             | 2051-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Educational Facilities Authority                                  | California Educational Facilities Authority, Series A                                  | CUSIP: 130179XN9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2750000 | PA      | $2562135.68   | 0.21%             | 2050-11-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                       | California Municipal Finance Authority, Series A                                       | CUSIP: 130493CL1<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   6380000 | PA      | $6451926.84   | 0.52%             | 2052-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| California School Finance Authority                                          | California School Finance Authority, Series A                                          | CUSIP: 13058TEK2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $726726.90    | 0.06%             | 2046-07-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| City of Palm Desert                                                          | City of Palm Desert                                                                    | CUSIP: 696627ER5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    450000 | PA      | $413833.46    | 0.03%             | 2041-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Chaffey Community College District                                           | Chaffey Community College District, Series B-1                                         | CUSIP: 157432LU7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7000000 | PA      | $7678609.40   | 0.62%             | 2049-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| California Community Housing Agency                                          | California Community Housing Agency, Series A-1                                        | CUSIP: 13013FAU8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2700000 | PA      | $1858086.00   | 0.15%             | 2056-08-01      | Fixed         | 3.00%                 | Yes           |                  2 | On Loan: No      |
| Peralta Community College District                                           | Peralta Community College District                                                     | CUSIP: 713575ZF8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1925000 | PA      | $2075778.90   | 0.17%             | 2029-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of San Francisco Public Utilities Commission Water                      | City of San Francisco, Series B                                                        | CUSIP: 79771FDP9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2635302.25   | 0.21%             | 2052-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| California County Tobacco Securitization Agency                              | California County Tobacco Securitization Agency, Series A                              | CUSIP: 13016NEW0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    275000 | PA      | $263081.28    | 0.02%             | 2038-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California School Finance Authority                                          | California School Finance Authority, Series A                                          | CUSIP: 13058THM5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $540453.96    | 0.04%             | 2058-06-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Puerto Rico Commonwealth Aqueduct & Sewer Authority                          | Puerto Rico Commonwealth Aqueduct & Sewer Authority, Series B                          | CUSIP: 745160TF8<br>LEI: N/A                  | Long             | DBT              | MUN               | PR        |   1330000 | PA      | $1360447.16   | 0.11%             | 2033-07-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| California Health Facilities Financing Authority                             | California Health Facilities Financing Authority, Series A                             | CUSIP: 13033LS65<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |   3780000 | PA      | $3679956.63   | 0.29%             | 2033-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Mount San Antonio Community College District                                 | Mount San Antonio Community College District, Series A                                 | CUSIP: 623040KG6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    305000 | PA      | $321912.77    | 0.03%             | 2041-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Oxnard Wastewater                                                    | City of Oxnard Wastewater                                                              | CUSIP: 692051AM7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1340000 | PA      | $1414008.60   | 0.11%             | 2030-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Alum Rock Union Elementary School District                                   | Alum Rock Union Elementary School District, Series B                                   | CUSIP: 022168TX6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2240000 | PA      | $2485353.92   | 0.20%             | 2031-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Bernardino Community College District                                    | San Bernardino Community College District, Series B                                    | CUSIP: 796720QZ6<br>LEI: 549300Y4FPTEP3EQZ007 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4762301.50   | 0.38%             | 2049-08-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Southern California Public Power Authority                                   | Southern California Public Power Authority, Series A                                   | CUSIP: 842471AZ7<br>LEI: 5493003B5TD5FWUKMD34 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2393537.25   | 0.19%             | 2038-11-01      | Floating      | 4.52%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                              | California Community Choice Financing Authority, Series E                              | CUSIP: 13013JEP7<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |  16900000 | PA      | $17813308.11  | 1.43%             | 2055-02-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Chaffey Joint Union High School District                                     | Chaffey Joint Union High School District, Series C                                     | CUSIP: 157411RJ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3573472.00   | 0.29%             | 2047-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles                                                          | City of Los Angeles, Series C                                                          | CUSIP: 53945CMN7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4500000 | PA      | $5082365.70   | 0.41%             | 2034-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles County Metropolitan Transportation Authority Sales Tax           | Los Angeles County Metropolitan Transportation Authority Sales Tax, Series A           | CUSIP: 54466HLT1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6245000 | PA      | $6238551.41   | 0.50%             | 2038-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Peninsula Corridor Joint Powers Board                                        | Peninsula Corridor Joint Powers Board, Series A                                        | CUSIP: 707121AU3<br>LEI: 549300EWZ3063STMF882 | Long             | DBT              | MUN               | US        |   4750000 | PA      | $4941037.40   | 0.40%             | 2047-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Statewide Communities Development Authority                       | California Statewide Communities Development Authority, Series A                       | CUSIP: 13080SSC9<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1828194.60   | 0.15%             | 2042-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Del Mar Race Track Authority                                                 | Del Mar Race Track Authority                                                           | CUSIP: 245122BR6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1002887.70   | 0.08%             | 2030-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California School Finance Authority                                          | California School Finance Authority, Series A                                          | CUSIP: 13058TUL2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1372218.75   | 0.11%             | 2059-06-01      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| Kern Community College District                                              | Kern Community College District, Series C                                              | CUSIP: 492244FX1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $3892915.00   | 0.31%             | 2046-08-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                       | California Municipal Finance Authority, Series A                                       | CUSIP: 13048VVB1<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $934640.50    | 0.07%             | 2054-12-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| San Jose Evergreen Community College District                                | San Jose Evergreen Community College District, Series C                                | CUSIP: 798189TB2<br>LEI: 5493006H31JIFYW6Z091 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3291213.90   | 0.26%             | 2039-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| East Bay Municipal Utility District Water System                             | East Bay Municipal Utility District Water System, Series A                             | CUSIP: 271014Q62<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5289528.50   | 0.42%             | 2049-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Rio Hondo Community College District                                         | Rio Hondo Community College District, Series A                                         | CUSIP: 767121FL5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2750000 | PA      | $2685683.83   | 0.22%             | 2055-08-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                   | City of Los Angeles Department of Airports, Series B                                   | CUSIP: 544445FE4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4625000 | PA      | $4734754.49   | 0.38%             | 2034-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chabot-Las Positas Community College District                                | Chabot-Las Positas Community College District, Series C                                | CUSIP: 15722TKU4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1345628.88   | 0.11%             | 2048-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                                  | Commonwealth of Puerto Rico, Series A-1                                                | CUSIP: 74514L3L9<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | PR        |   3350000 | PA      | $3121320.96   | 0.25%             | 2035-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Sacramento City Unified School District/CA                                   | Sacramento City Unified School District, Series A                                      | CUSIP: 785870E51<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1960000 | PA      | $2069856.43   | 0.17%             | 2040-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                      | Los Angeles Department of Water & Power, Series B                                      | CUSIP: 544532HB3<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |   8055000 | PA      | $8167285.09   | 0.65%             | 2053-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Washington Township Health Care District                                     | Washington Township Health Care District, Series B                                     | CUSIP: 940204EZ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1380000 | PA      | $1267232.89   | 0.10%             | 2036-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Victorville Electric                                                 | City of Victorville Electric, Series A                                                 | CUSIP: 92642CAS3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1115000 | PA      | $1198412.15   | 0.10%             | 2038-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Oklahoma Turnpike Authority                                                  | Oklahoma Turnpike Authority                                                            | CUSIP: 679111D27<br>LEI: 549300J83EP2PBDYH615 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5285642.50   | 0.42%             | 2053-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| California County Tobacco Securitization Agency                              | California County Tobacco Securitization Agency, Series A                              | CUSIP: 13016NEZ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2161570.50   | 0.17%             | 2049-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Alameda Unified School District-Alameda County                               | Alameda Unified School District-Alameda County, Series B                               | CUSIP: 010824NE6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2102345.60   | 0.17%             | 2049-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Public Finance Authority                                          | California Public Finance Authority, Series A                                          | CUSIP: 13057EJJ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1220000 | PA      | $1295485.06   | 0.10%             | 2037-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California School Finance Authority                                          | California School Finance Authority                                                    | CUSIP: 13058TLT5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    475000 | PA      | $475587.24    | 0.04%             | 2027-08-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                                  | Commonwealth of Puerto Rico                                                            | CUSIP: 74514L4F1<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | PR        |   4516638 | PA      | $2043778.59   | 0.16%             | 2051-11-01      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| Ojai Unified School District                                                 | Ojai Unified School District, Series B                                                 | CUSIP: 678093SE6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1884692.60   | 0.15%             | 2053-08-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp. Sales Tax                              | Puerto Rico Sales Tax Financing Corp. Sales Tax, Series A-1                            | CUSIP: 74529JQH1<br>LEI: N/A                  | Long             | DBT              | MUN               | PR        |   5390000 | PA      | $1279631.28   | 0.10%             | 2051-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Etiwanda School District                                                     | Etiwanda School District, Series C                                                     | CUSIP: 297667DE4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5675000 | PA      | $6030094.97   | 0.48%             | 2052-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Kern Community College District                                              | Kern Community College District, Series D                                              | CUSIP: 492244GS1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2200000 | PA      | $2412000.36   | 0.19%             | 2040-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| San Rafael City High School District                                         | San Rafael City High School District, Series A                                         | CUSIP: 799289NP4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4250000 | PA      | $4454453.90   | 0.36%             | 2052-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Ravenswood City School District                                              | Ravenswood City School District                                                        | CUSIP: 754405JC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3670339.75   | 0.29%             | 2045-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Inglewood Unified School District                                            | Inglewood Unified School District, Series B                                            | CUSIP: 457110PD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2300000 | PA      | $2614635.63   | 0.21%             | 2039-08-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Chaffey Joint Union High School District                                     | Chaffey Joint Union High School District, Series H                                     | CUSIP: 157411WG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3182916.30   | 0.25%             | 2049-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Sacramento Municipal Utility District                                        | Sacramento Municipal Utility District, Series H                                        | CUSIP: 786005C55<br>LEI: E3GSVR6ZOU1MX2V7HF33 | Long             | DBT              | MUN               | US        |   4340000 | PA      | $4633270.29   | 0.37%             | 2038-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ocean View School District                                                   | Ocean View School District, Series C                                                   | CUSIP: 675158SQ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3040000 | PA      | $2310871.20   | 0.19%             | 2047-08-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| California Pollution Control Financing Authority                             | California Pollution Control Financing Authority, Series A-2                           | CUSIP: 130536RL1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7500000 | PA      | $7502179.50   | 0.60%             | 2042-11-01      | Variable      | 4.25%                 | Yes           |                  2 | On Loan: No      |
| Guam Power Authority                                                         | Guam Power Authority, Series A                                                         | CUSIP: 400653HY0<br>LEI: 549300IPOV320QCKW060 | Long             | DBT              | MUN               | GU        |   1230000 | PA      | $1271273.51   | 0.10%             | 2027-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Alhambra Unified School District                                             | Alhambra Unified School District, Series B                                             | CUSIP: 016059KY2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3251316.30   | 0.26%             | 2048-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                       | California Municipal Finance Authority, Series A                                       | CUSIP: 13048VMJ4<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   4440000 | PA      | $4535530.60   | 0.36%             | 2049-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp.                                    | New York Transportation Development Corp., Series A                                    | CUSIP: 650116HT6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  14500000 | PA      | $14733135.35  | 1.18%             | 2054-12-31      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Matching Fund Special Purpose Securitization Corp.                           | Matching Fund Special Purpose Securitization Corp., Series A                           | CUSIP: 57665NAE5<br>LEI: N/A                  | Long             | DBT              | MUN               | VI        |   3140000 | PA      | $3239550.87   | 0.26%             | 2030-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Riverside                                                          | County of Riverside                                                                    | CUSIP: 769110CY1<br>LEI: 254900CB5HEOBAVTY629 | Long             | DBT              | MUN               | US        |   6725000 | PA      | $6739002.12   | 0.54%             | 2025-06-30      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Commonwealth Aqueduct & Sewer Authority                          | Puerto Rico Commonwealth Aqueduct & Sewer Authority, Series A                          | CUSIP: 745160SH5<br>LEI: N/A                  | Long             | DBT              | MUN               | PR        |   8000000 | PA      | $8138497.60   | 0.65%             | 2035-07-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Long Beach Unified School District                                           | Long Beach Unified School District, Series C                                           | CUSIP: 542433YZ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  12550000 | PA      | $11697956.66  | 0.94%             | 2050-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Hayward Unified School District                                              | Hayward Unified School District, Series A                                              | CUSIP: 421295AJ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1161299.48   | 0.09%             | 2043-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington Township Health Care District                                     | Washington Township Health Care District, Series A                                     | CUSIP: 940204GW4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $294989.25    | 0.02%             | 2043-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp.                                        | Puerto Rico Sales Tax Financing Corp., Series A-2                                      | CUSIP: 74529JRL1<br>LEI: N/A                  | Long             | DBT              | MUN               | PR        |   4707000 | PA      | $4344952.62   | 0.35%             | 2058-07-01      | Fixed         | 4.78%                 | No            |                  2 | On Loan: No      |
| Guam Government Waterworks Authority                                         | Guam Government Waterworks Authority, Series A                                         | CUSIP: 40065FDF8<br>LEI: N/A                  | Long             | DBT              | MUN               | GU        |   2500000 | PA      | $2477999.75   | 0.20%             | 2050-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                       | California Municipal Finance Authority, Series A                                       | CUSIP: 13048DBU1<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1325000 | PA      | $1304991.18   | 0.10%             | 2046-05-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| California Statewide Communities Development Authority                       | California Statewide Communities Development Authority                                 | CUSIP: 13080SAT1<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000585.60   | 0.08%             | 2043-11-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Stockton Public Financing Authority                                          | Stockton Public Financing Authority, Series A                                          | CUSIP: 861398BZ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1567318.05   | 0.13%             | 2034-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Infrastructure & Economic Development Bank                        | California Infrastructure & Economic Development Bank, Series B                        | CUSIP: 13034A6A3<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |   4500000 | PA      | $4432221.00   | 0.36%             | 2045-12-01      | Fixed         | 5.89%                 | Yes           |                  2 | On Loan: No      |
| San Diego County Regional Airport Authority                                  | San Diego County Regional Airport Authority, Series B                                  | CUSIP: 79739GRM0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6000000 | PA      | $6160987.80   | 0.49%             | 2058-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Monterey Peninsula Community College District                                | Monterey Peninsula Community College District, Series B                                | CUSIP: 612574FN8<br>LEI: 549300C8NLDKBLGMK366 | Long             | DBT              | MUN               | US        |    475000 | PA      | $472704.56    | 0.04%             | 2041-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                              | California Community Choice Financing Authority, Series B-1                            | CUSIP: 13013JAP1<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   4725000 | PA      | $4673934.09   | 0.37%             | 2052-02-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| San Francisco City & County Airport Comm-San Francisco International Airport | San Francisco City & County Airport Comm-San Francisco International Airport, Series A | CUSIP: 79766DWW5<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |   4815000 | PA      | $4961469.41   | 0.40%             | 2044-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| California Infrastructure & Economic Development Bank                        | California Infrastructure & Economic Development Bank, Series A                        | CUSIP: 13034A5C0<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |   1785000 | PA      | $1897103.53   | 0.15%             | 2038-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Community College Financing Authority                             | California Community College Financing Authority                                       | CUSIP: 13012RAG4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    280000 | PA      | $289202.93    | 0.02%             | 2027-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Oxnard Union High School District                                            | Oxnard Union High School District, Series C                                            | CUSIP: 692039TR1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1067086.88   | 0.09%             | 2045-08-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Clovis Unified School District                                               | Clovis Unified School District, Series B                                               | CUSIP: 189342Q35<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1171406.50   | 0.09%             | 2041-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Alameda Corridor Transportation Authority                                    | Alameda Corridor Transportation Authority, Series A                                    | CUSIP: 010869AX3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $1878482.70   | 0.15%             | 2036-10-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Kern Community College District                                              | Kern Community College District, Series D                                              | CUSIP: 492244GK8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1133532.00   | 0.09%             | 2033-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Oxnard Wastewater                                                    | City of Oxnard Wastewater                                                              | CUSIP: 692051AP0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1920000 | PA      | $1945692.86   | 0.16%             | 2032-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California Health Facilities Financing Authority                             | California Health Facilities Financing Authority, Series A                             | CUSIP: 13032UP77<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |   2250000 | PA      | $2304555.75   | 0.18%             | 2049-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California School Finance Authority                                          | California School Finance Authority, Series A                                          | CUSIP: 13058TKA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2831058.00   | 0.23%             | 2050-10-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| California Statewide Communities Development Authority                       | California Statewide Communities Development Authority, Series A                       | CUSIP: 13080SJL9<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |    600000 | PA      | $600897.96    | 0.05%             | 2035-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Infrastructure & Economic Development Bank                        | California Infrastructure & Economic Development Bank                                  | CUSIP: 13034A5X4<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |  11675000 | PA      | $12994592.56  | 1.04%             | 2039-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Santa Clarita Community College District                                     | Santa Clarita Community College District                                               | CUSIP: 801686UM6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2148744.20   | 0.17%             | 2048-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| State of California                                                          | State of California                                                                    | CUSIP: 13063A7D0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4641674.40   | 0.37%             | 2039-10-01      | Fixed         | 7.30%                 | No            |                  2 | On Loan: No      |
| California Statewide Communities Development Authority                       | California Statewide Communities Development Authority, Series A                       | CUSIP: 13080SM76<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3069488.70   | 0.25%             | 2052-08-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Northern California Energy Authority                                         | Northern California Energy Authority                                                   | CUSIP: 664840AL9<br>LEI: 5493001ZIJGWU7HYLH34 | Long             | DBT              | MUN               | US        |   9000000 | PA      | $9436224.60   | 0.76%             | 2054-12-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                                  | Commonwealth of Puerto Rico, Series A-1                                                | CUSIP: 74514L3G0<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | PR        |   8000000 | PA      | $8159379.20   | 0.65%             | 2027-07-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| University of California                                                     | University of California, Series BS                                                    | CUSIP: 91412HQR7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8150000 | PA      | $9003219.43   | 0.72%             | 2037-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Sacramento                                                         | County of Sacramento                                                                   | CUSIP: 786107UY6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2100000 | PA      | $2216914.77   | 0.18%             | 2044-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Rio Hondo Community College District                                         | Rio Hondo Community College District, Series C                                         | CUSIP: 767121DL7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2481757.40   | 0.20%             | 2042-08-01      | Variable      | 6.85%                 | No            |                  2 | On Loan: No      |
| M-S-R Energy Authority                                                       | M-S-R Energy Authority, Series A                                                       | CUSIP: 55374SAC4<br>LEI: 549300UEMSS1JTK5YB98 | Long             | DBT              | MUN               | US        |   5310000 | PA      | $6310860.13   | 0.51%             | 2039-11-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Romoland School District                                                     | Romoland School District                                                               | CUSIP: 776192WS1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    775000 | PA      | $779141.45    | 0.06%             | 2049-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of South San Francisco                                                  | City of South San Francisco                                                            | CUSIP: 840000AP8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $353985.32    | 0.03%             | 2044-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California Health Facilities Financing Authority                             | California Health Facilities Financing Authority, Series A                             | CUSIP: 13032UU48<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |    850000 | PA      | $881632.67    | 0.07%             | 2041-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                       | California Municipal Finance Authority, Series A                                       | CUSIP: 130483FW5<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   3360000 | PA      | $3371149.82   | 0.27%             | 2026-08-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| California Health Facilities Financing Authority                             | California Health Facilities Financing Authority, Series A                             | CUSIP: 13032UM70<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |   5550000 | PA      | $6145127.06   | 0.49%             | 2037-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                   | City of Los Angeles Department of Airports, Series C                                   | CUSIP: 544445QT9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5248079.00   | 0.42%             | 2029-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Infrastructure & Economic Development Bank                        | California Infrastructure & Economic Development Bank                                  | CUSIP: 13034A2H2<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3524926.65   | 0.28%             | 2040-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Rialto                                                               | City of Rialto                                                                         | CUSIP: 762485EG1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2035000 | PA      | $2149278.48   | 0.17%             | 2053-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| City of San Francisco Public Utilities Commission Water                      | City of San Francisco, Series B                                                        | CUSIP: 79771FDN4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3945000 | PA      | $4199463.55   | 0.34%             | 2048-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| California State Public Works Board                                          | California State Public Works Board, Series D                                          | CUSIP: 13068XKR9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5240437.50   | 0.42%             | 2046-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Statewide Communities Development Authority                       | California Statewide Communities Development Authority, Series A                       | CUSIP: 13078YQW8<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $828345.60    | 0.07%             | 2050-09-02      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| East Bay Municipal Utility District Water System                             | East Bay Municipal Utility District Water System, Series A                             | CUSIP: 271014L59<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1800000 | PA      | $1984662.72   | 0.16%             | 2038-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                   | City of Los Angeles Department of Airports, Series H                                   | CUSIP: 544445F46<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4100000 | PA      | $4268153.71   | 0.34%             | 2047-05-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Washington Township Health Care District                                     | Washington Township Health Care District, Series A                                     | CUSIP: 940204GV6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    380000 | PA      | $376349.80    | 0.03%             | 2042-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| College of the Sequoias Visalia Area Improvement District No. 2              | College of the Sequoias Visalia Area Improvement District No. 2, Series A              | CUSIP: 19428TDV9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6530000 | PA      | $6811090.38   | 0.55%             | 2054-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California School Finance Authority                                          | California School Finance Authority, Series A                                          | CUSIP: 13059TEF2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $480257.15    | 0.04%             | 2049-07-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Bay Area Toll Authority                                                      | Bay Area Toll Authority, Series F-2                                                    | CUSIP: 072024A51<br>LEI: 5493001FUZGUQMIP5D78 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2154756.20   | 0.17%             | 2040-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ontario International Airport Authority                                      | Ontario International Airport Authority, Series A                                      | CUSIP: 683042AN5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $941859.80    | 0.08%             | 2051-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California Infrastructure & Economic Development Bank                        | California Infrastructure & Economic Development Bank, Series A                        | CUSIP: 13034AY61<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5264957.00   | 0.42%             | 2047-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Juan Unified School District                                             | San Juan Unified School District                                                       | CUSIP: 798306YP5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1628791.80   | 0.13%             | 2036-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                       | California Municipal Finance Authority, Series A                                       | CUSIP: 13049YEQ0<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $925582.70    | 0.07%             | 2040-07-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Santa Margarita-Dana Point Authority                                         | Santa Margarita-Dana Point Authority                                                   | CUSIP: 802248JZ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2025000 | PA      | $2036652.66   | 0.16%             | 2036-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp.                                        | Puerto Rico Sales Tax Financing Corp., Series A-1                                      | CUSIP: 74529JQG3<br>LEI: N/A                  | Long             | DBT              | MUN               | PR        |  12530000 | PA      | $4044766.70   | 0.32%             | 2046-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                       | California Municipal Finance Authority, Series B                                       | CUSIP: 13051AAT5<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   3150000 | PA      | $2664084.78   | 0.21%             | 2050-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Washington Township Health Care District                                     | Washington Township Health Care District, Series B                                     | CUSIP: 940642GF2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2139640.40   | 0.17%             | 2053-08-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Alhambra Unified School District                                             | Alhambra Unified School District, Series B                                             | CUSIP: 016059KX4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2010689.80   | 0.16%             | 2043-08-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                              | California Community Choice Financing Authority, Series E-2                            | CUSIP: 13013JDC7<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   4250000 | PA      | $4255088.53   | 0.34%             | 2054-02-01      | Floating      | 4.57%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp.                                        | Puerto Rico Sales Tax Financing Corp., Series A-2                                      | CUSIP: 74529JRH0<br>LEI: N/A                  | Long             | DBT              | MUN               | PR        |   4659000 | PA      | $4380783.62   | 0.35%             | 2040-07-01      | Fixed         | 4.33%                 | No            |                  2 | On Loan: No      |
| County of Sacramento                                                         | County of Sacramento                                                                   | CUSIP: 786107UZ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5209834.50   | 0.42%             | 2049-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Health Facilities Financing Authority                             | California Health Facilities Financing Authority, Series A                             | CUSIP: 13032UE38<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |   4145000 | PA      | $4007209.42   | 0.32%             | 2048-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Stockton Unified School District                                             | Stockton Unified School District                                                       | CUSIP: 861419D55<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    510000 | PA      | $534798.65    | 0.04%             | 2027-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Grossmont Healthcare District                                                | Grossmont Healthcare District, Series F                                                | CUSIP: 399223DU7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1700000 | PA      | $1935857.15   | 0.16%             | 2034-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                       | California Municipal Finance Authority                                                 | CUSIP: 13050RAA0<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   8500000 | PA      | $8230740.40   | 0.66%             | 2029-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp.                                        | Puerto Rico Sales Tax Financing Corp., Series A-1                                      | CUSIP: 74529JPX7<br>LEI: N/A                  | Long             | DBT              | MUN               | PR        |   2991078 | PA      | $2861674.69   | 0.23%             | 2058-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Sacramento Municipal Utility District                                        | Sacramento Municipal Utility District, Series M                                        | CUSIP: 786005K56<br>LEI: E3GSVR6ZOU1MX2V7HF33 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2115114.60   | 0.17%             | 2049-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Francisco City & County Airport Comm-San Francisco International Airport | San Francisco City & County Airport Comm-San Francisco International Airport, Series A | CUSIP: 79766DWV7<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |  11985000 | PA      | $12409107.20  | 0.99%             | 2043-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp. Sales Tax                              | Puerto Rico Sales Tax Financing Corp. Sales Tax, Series A-2B                           | CUSIP: 74529JRR8<br>LEI: N/A                  | Long             | DBT              | MUN               | PR        |   1871000 | PA      | $1768655.74   | 0.14%             | 2040-07-01      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| San Diego County Water Authority                                             | San Diego County Water Authority, Series A                                             | CUSIP: 79741TBP8<br>LEI: 549300Y0QN5OFKA1G520 | Long             | DBT              | MUN               | US        |   2065000 | PA      | $2163344.80   | 0.17%             | 2052-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Inglewood Unified School District                                            | Inglewood Unified School District, Series B                                            | CUSIP: 457110NZ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1122306.70   | 0.09%             | 2035-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ontario Montclair School District                                            | Ontario Montclair School District, Series C                                            | CUSIP: 683119GW5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3228909.30   | 0.26%             | 2052-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Southern California Public Power Authority                                   | Southern California Public Power Authority, Series 1                                   | CUSIP: 842469CJ5<br>LEI: 5493003B5TD5FWUKMD34 | Long             | DBT              | MUN               | US        |   5855000 | PA      | $6035836.36   | 0.48%             | 2046-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| California Statewide Communities Development Authority                       | California Statewide Communities Development Authority, Series D                       | CUSIP: 13078YUY9<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1009401.10   | 0.08%             | 2053-09-02      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| San Marcos Unified School District                                           | San Marcos Unified School District, Series B                                           | CUSIP: 798755DQ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  21090000 | PA      | $6322600.63   | 0.51%             | 2051-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| West Contra Costa Unified School District                                    | West Contra Costa Unified School District, Series A-1                                  | CUSIP: 9523476L1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1465782.80   | 0.12%             | 2051-08-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| San Francisco City & County Airport Commission                               | San Francisco City & County Airport Commission, Series A                               | CUSIP: 79766DXQ7<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |   7000000 | PA      | $7324877.70   | 0.59%             | 2055-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| California Public Finance Authority                                          | California Public Finance Authority, Series A                                          | CUSIP: 13057EJC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1095000 | PA      | $1197043.05   | 0.10%             | 2031-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Imperial Irrigation District Electric System                                 | Imperial Irrigation District Electric System                                           | CUSIP: 452650LL6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1655000 | PA      | $1725533.62   | 0.14%             | 2041-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp.                                    | New York Transportation Development Corp.                                              | CUSIP: 650116HN9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1175000 | PA      | $1170109.30   | 0.09%             | 2054-06-30      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Diego Public Facilities Financing Authority                              | San Diego Public Facilities Financing Authority, Series A                              | CUSIP: 797299QR8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1644277.20   | 0.13%             | 2041-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Public Finance Authority                                          | California Public Finance Authority, Series A                                          | CUSIP: 13057EFP4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6925000 | PA      | $6499916.49   | 0.52%             | 2051-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Long Beach Airport System                                            | City of Long Beach Airport System, Series A                                            | CUSIP: 542403CR9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    800000 | PA      | $872916.24    | 0.07%             | 2036-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Rafael City Elementary School District                                   | San Rafael City Elementary School District, Series A                                   | CUSIP: 799306RF4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1303555.25   | 0.10%             | 2052-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Palm Desert                                                          | City of Palm Desert                                                                    | CUSIP: 696627EQ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    215000 | PA      | $202369.05    | 0.02%             | 2031-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fullerton Joint Union High School District                                   | Fullerton Joint Union High School District, Series A                                   | CUSIP: 359796KT5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3830000 | PA      | $3731898.38   | 0.30%             | 2043-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| San Francisco Community College District                                     | San Francisco Community College District, Series B                                     | CUSIP: 797683KJ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2025000 | PA      | $2156226.89   | 0.17%             | 2049-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Peralta Community College District                                           | Peralta Community College District                                                     | CUSIP: 713575ZE1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1125000 | PA      | $1194904.80   | 0.10%             | 2028-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Burbank-Glendale-Pasadena Airport Authority Brick Campaign                   | Burbank-Glendale-Pasadena Airport Authority Brick Campaign, Series B                   | CUSIP: 120827EF3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6000000 | PA      | $6132306.00   | 0.49%             | 2054-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Guam Power Authority                                                         | Guam Power Authority, Series A                                                         | CUSIP: 400653JE2<br>LEI: 549300IPOV320QCKW060 | Long             | DBT              | MUN               | GU        |   1000000 | PA      | $1022112.80   | 0.08%             | 2033-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Health Facilities Financing Authority                             | California Health Facilities Financing Authority, Series A                             | CUSIP: 13032UNG9<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1465931.40   | 0.12%             | 2047-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Francisco City & County Airport Comm-San Francisco International Airport | San Francisco City & County Airport Comm-San Francisco International Airport, Series E | CUSIP: 79766DSA8<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |   3460000 | PA      | $3450219.96   | 0.28%             | 2050-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Berkeley                                                             | City of Berkeley                                                                       | CUSIP: 084113YX1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1560000 | PA      | $1105916.60   | 0.09%             | 2039-09-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power Water System                         | Los Angeles Department of Water & Power Water System, Series C                         | CUSIP: 544525L97<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1127181.77   | 0.09%             | 2041-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Alum Rock Union Elementary School District                                   | Alum Rock Union Elementary School District, Series B                                   | CUSIP: 022168TS7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3095000 | PA      | $3173381.18   | 0.25%             | 2026-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Oxnard Wastewater                                                    | City of Oxnard Wastewater                                                              | CUSIP: 692051AR6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2080000 | PA      | $2097653.38   | 0.17%             | 2034-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California County Tobacco Securitization Agency                              | California County Tobacco Securitization Agency, Series A                              | CUSIP: 13016NEU4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $291606.48    | 0.02%             | 2036-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California Infrastructure & Economic Development Bank                        | California Infrastructure & Economic Development Bank                                  | CUSIP: 13034AK74<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |   3735000 | PA      | $2640833.99   | 0.21%             | 2050-07-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Sunnyvale School District                                                    | Sunnyvale School District, Series B                                                    | CUSIP: 867578WP7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2820000 | PA      | $2947001.52   | 0.24%             | 2048-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Healdsburg Unified School District                                           | Healdsburg Unified School District, Series A                                           | CUSIP: 422154CY8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4405000 | PA      | $4483775.94   | 0.36%             | 2037-08-01      | Variable      | 4.60%                 | No            |                  2 | On Loan: No      |
| Kern Community College District                                              | Kern Community College District, Series D                                              | CUSIP: 492244GL6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $788900.84    | 0.06%             | 2034-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| M-S-R Energy Authority                                                       | M-S-R Energy Authority, Series C                                                       | CUSIP: 55374SAH3<br>LEI: 549300UEMSS1JTK5YB98 | Long             | DBT              | MUN               | US        |   5860000 | PA      | $6928382.89   | 0.55%             | 2034-11-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Romoland School District                                                     | Romoland School District                                                               | CUSIP: 776192VP8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1600000 | PA      | $1606721.12   | 0.13%             | 2054-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                      | Los Angeles Department of Water & Power, Series D                                      | CUSIP: 544532NK6<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |   5500000 | PA      | $5580773.00   | 0.45%             | 2054-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Peralta Community College District                                           | Peralta Community College District                                                     | CUSIP: 713575ZD3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1380000 | PA      | $1441502.60   | 0.12%             | 2027-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ojai Unified School District                                                 | Ojai Unified School District, Series B                                                 | CUSIP: 678093SD8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1174986.89   | 0.09%             | 2048-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Peralta Community College District                                           | Peralta Community College District, Series B                                           | CUSIP: 713575YD4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2140606.00   | 0.17%             | 2052-08-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| San Diego Unified School District                                            | San Diego Unified School District, Series B-4                                          | CUSIP: 797356HR6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    205000 | PA      | $224832.27    | 0.02%             | 2040-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Savanna School District                                                      | Savanna School District, Series B                                                      | CUSIP: 80467PCG5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3080000 | PA      | $2455949.19   | 0.20%             | 2052-02-01      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| San Diego County Regional Airport Authority                                  | San Diego County Regional Airport Authority, Series B                                  | CUSIP: 79739GRK4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2021959.80   | 0.16%             | 2048-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Statewide Communities Development Authority                       | California Statewide Communities Development Authority, Series A                       | CUSIP: 13080ST38<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   3650000 | PA      | $3909339.80   | 0.31%             | 2042-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| California Community Housing Agency                                          | California Community Housing Agency, Series A-1                                        | CUSIP: 13013FBB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $332360.55    | 0.03%             | 2057-02-01      | Fixed         | 3.00%                 | Yes           |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                   | City of Los Angeles Department of Airports, Series D                                   | CUSIP: 5444456D6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9000000 | PA      | $9665613.90   | 0.77%             | 2042-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Commonwealth Aqueduct & Sewer Authority                          | Puerto Rico Commonwealth Aqueduct & Sewer Authority, Series A                          | CUSIP: 745160UD1<br>LEI: N/A                  | Long             | DBT              | MUN               | PR        |   4800000 | PA      | $4873396.32   | 0.39%             | 2037-07-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| CMFA Special Finance Agency VIII                                             | CMFA Special Finance Agency VIII, Series A-1                                           | CUSIP: 12574VAA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1308598.40   | 0.10%             | 2056-08-01      | Fixed         | 3.00%                 | Yes           |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                                  | Commonwealth of Puerto Rico                                                            | CUSIP: 74514L4G9<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | PR        |   7020142 | PA      | $3738225.45   | 0.30%             | 2051-11-01      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| Oxnard Financing Authority                                                   | Oxnard Financing Authority                                                             | CUSIP: 691878BX9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1001169.80   | 0.08%             | 2034-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| River Islands Public Financing Authority                                     | River Islands Public Financing Authority, Series A-1                                   | CUSIP: 76827QGR8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4068470.40   | 0.33%             | 2052-09-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Nuveen California AMT-Free Quality Municipal Income Fund                     | Nuveen California AMT-Free Quality Municipal Income Fund, Series A                     | CUSIP: 670651868<br>LEI: 5493005SR7RRUAG9VK19 | Long             | STIV             | MUN               | US        |   5000000 | PA      | $5000000.00   | 0.40%             | 2047-10-01      | Variable      | 4.07%                 | Yes           |                  2 | On Loan: No      |
| San Joaquin Hills Transportation Corridor Agency                             | San Joaquin Hills Transportation Corridor Agency, Series B                             | CUSIP: 798111GD6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    620000 | PA      | $620147.56    | 0.05%             | 2049-01-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| California Infrastructure & Economic Development Bank                        | California Infrastructure & Economic Development Bank, Series A-1                      | CUSIP: 13034AW30<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |   2540000 | PA      | $2278820.44   | 0.18%             | 2055-01-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| California School Finance Authority                                          | California School Finance Authority, Series A                                          | CUSIP: 13058TEG1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1080000 | PA      | $1073382.95   | 0.09%             | 2028-07-01      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |
| San Mateo Foster City School District                                        | San Mateo Foster City School District, Series B                                        | CUSIP: 799055TU2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1150000 | PA      | $1250794.74   | 0.10%             | 2041-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                       | California Municipal Finance Authority, Series A                                       | CUSIP: 13049SBW3<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1320000 | PA      | $1274516.23   | 0.10%             | 2037-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Port of Oakland                                                              | Port of Oakland, Series H                                                              | CUSIP: 735000VK4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1895000 | PA      | $1978290.56   | 0.16%             | 2029-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp.                                        | Puerto Rico Sales Tax Financing Corp., Series A-1                                      | CUSIP: 74529JPW9<br>LEI: N/A                  | Long             | DBT              | MUN               | PR        |   5866000 | PA      | $5453732.83   | 0.44%             | 2053-07-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| San Joaquin Hills Transportation Corridor Agency                             | San Joaquin Hills Transportation Corridor Agency, Series B                             | CUSIP: 798111GC8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3150000 | PA      | $3150823.73   | 0.25%             | 2044-01-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| West Contra Costa Unified School District                                    | West Contra Costa Unified School District, Series D                                    | CUSIP: 952347RQ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2850000 | PA      | $2728390.22   | 0.22%             | 2026-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Romoland School District                                                     | Romoland School District, Class 2                                                      | CUSIP: 776192WQ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $362720.09    | 0.03%             | 2039-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                                  | Commonwealth of Puerto Rico, Series A-1                                                | CUSIP: 74514L3K1<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | PR        |  10000000 | PA      | $9556312.00   | 0.77%             | 2033-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Alameda County Transportation Commission                                     | Alameda County Transportation Commission, Series BB                                    | CUSIP: 011118CD6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2639160.00   | 0.21%             | 2045-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Alum Rock Union Elementary School District                                   | Alum Rock Union Elementary School District, Series A                                   | CUSIP: 022168TN8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1220000 | PA      | $1355184.42   | 0.11%             | 2038-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Inglewood Unified School District                                            | Inglewood Unified School District, Series B                                            | CUSIP: 457110NY6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1120329.60   | 0.09%             | 2034-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kern Community College District                                              | Kern Community College District, Series D                                              | CUSIP: 492244GR3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1541503.60   | 0.12%             | 2039-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Indio Finance Authority                                                      | Indio Finance Authority, Series A                                                      | CUSIP: 45571LDP9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1623171.45   | 0.13%             | 2042-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Bay Area Toll Authority                                                      | Bay Area Toll Authority, Series F-1                                                    | CUSIP: 072024G22<br>LEI: 5493001FUZGUQMIP5D78 | Long             | DBT              | MUN               | US        |   5465000 | PA      | $5777947.76   | 0.46%             | 2048-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Community Housing Agency                                          | California Community Housing Agency, Series A-1                                        | CUSIP: 13013FAL8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6285000 | PA      | $5144006.64   | 0.41%             | 2056-02-01      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| Hayward Unified School District                                              | Hayward Unified School District                                                        | CUSIP: 421294EG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6900000 | PA      | $6987265.68   | 0.56%             | 2047-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Washington Township Health Care District                                     | Washington Township Health Care District, Series A                                     | CUSIP: 940204GU8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $399074.96    | 0.03%             | 2041-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Long Beach Harbor                                                    | City of Long Beach Harbor, Series A                                                    | CUSIP: 542424VT0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3475000 | PA      | $3672211.12   | 0.29%             | 2037-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Mateo Foster City School District                                        | San Mateo Foster City School District, Series B                                        | CUSIP: 799055TZ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5500000 | PA      | $5237079.10   | 0.42%             | 2048-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Santa Barbara Unified School District                                        | Santa Barbara Unified School District, Series A                                        | CUSIP: 801257LU8<br>LEI: 549300PQRSK15XOJN302 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1276154.40   | 0.10%             | 2036-08-01      | Variable      | 7.00%                 | No            |                  2 | On Loan: No      |
| San Francisco City & County Airport Comm-San Francisco International Airport | San Francisco City & County Airport Comm-San Francisco International Airport, Series C | CUSIP: 79766DVY2<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |  14300000 | PA      | $15169645.92  | 1.22%             | 2048-05-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Los Angeles County Public Works Financing Authority                          | Los Angeles County Public Works Financing Authority, Series H                          | CUSIP: 54473EYK4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  23130000 | PA      | $25012805.13  | 2.00%             | 2049-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                              | California Community Choice Financing Authority, Series C                              | CUSIP: 13013JCM6<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |  12325000 | PA      | $12810868.76  | 1.03%             | 2054-01-01      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| Los Angeles Unified School District/CA                                       | Los Angeles Unified School District, Series A                                          | CUSIP: 544647HH6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6500000 | PA      | $6658202.20   | 0.53%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Northern California Power Agency                                             | Northern California Power Agency, Series B                                             | CUSIP: 664845DQ4<br>LEI: 549300QYTU4PHD2XHS96 | Long             | DBT              | MUN               | US        |   5645000 | PA      | $6236239.24   | 0.50%             | 2040-06-01      | Fixed         | 7.31%                 | No            |                  2 | On Loan: No      |
| California School Finance Authority                                          | California School Finance Authority, Series A                                          | CUSIP: 13058THK9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    740000 | PA      | $722019.48    | 0.06%             | 2039-06-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| California Infrastructure & Economic Development Bank                        | California Infrastructure & Economic Development Bank, Series A                        | CUSIP: 13034A5D8<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |   9040000 | PA      | $9540242.86   | 0.76%             | 2039-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of San Francisco                                                        | City of San Francisco, Series A                                                        | CUSIP: 79771FGL5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $428545.96    | 0.03%             | 2043-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kern Community College District                                              | Kern Community College District, Series D                                              | CUSIP: 492244GQ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2212585.80   | 0.18%             | 2038-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                              | California Community Choice Financing Authority, Series A                              | CUSIP: 13013JAX4<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   4400000 | PA      | $4401223.20   | 0.35%             | 2052-10-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| Grossmont Healthcare District                                                | Grossmont Healthcare District, Series F                                                | CUSIP: 399223DV5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1800000 | PA      | $2058145.92   | 0.16%             | 2035-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                                  | Commonwealth of Puerto Rico, Series A-1                                                | CUSIP: 74514L3J4<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | PR        |   1800000 | PA      | $1909641.24   | 0.15%             | 2031-07-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| State of California                                                          | State of California                                                                    | CUSIP: 13063ECR5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4392662.40   | 0.35%             | 2049-08-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-05-30

**Name of Applicant:** NEW YORK LIFE INVESTMENTS FUNDS TRUST

**Signature:** Jack Benintende

**Name of Signer:** Jack Benintende

**Title:** Treasurer