# EDGAR Filing Document

**Accession Number:** 0000909466
**File Stem:** 0001752724-23-017905
**Filing Date:** 2023-1
**Character Count:** 768344
**Document Hash:** aca4fe8921f91c11f7d9016347d6b777
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-017905.hdr.sgml**: 20230130

**ACCESSION NUMBER**: 0001752724-23-017905

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221130

**FILED AS OF DATE**: 20230130

**DATE AS OF CHANGE**: 20230130

**PERIOD START**: 20230228

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** AIM TAX-EXEMPT FUNDS (INVESCO TAX-EXEMPT FUNDS)
- **CENTRAL INDEX KEY:** 0000909466
- **IRS NUMBER:** 766035958
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0228

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-07890
- **FILM NUMBER:** 23566869

**BUSINESS ADDRESS:**
- **STREET 1:** 11 GREENWAY PLAZA
- **STREET 2:** SUITE 1000
- **CITY:** HOUSTON
- **STATE:** TX
- **ZIP:** 77046
- **BUSINESS PHONE:** 7136261919

**MAIL ADDRESS:**
- **STREET 1:** 11 GREENWAY PLAZA
- **STREET 2:** SUITE 1000
- **CITY:** HOUSTON
- **STATE:** TX
- **ZIP:** 77046

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** AIM TAX EXEMPT FUNDS (INVESCO TAX-EXEMPT FUNDS)
- **DATE OF NAME CHANGE:** 20100430

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** AIM TAX EXEMPT FUNDS
- **DATE OF NAME CHANGE:** 20000324

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** AIM TAX EXEMPT FUNDS INC/NEW
- **DATE OF NAME CHANGE:** 19940718

## Series and Classes Contracts Data

### INVESCO INTERMEDIATE TERM MUNICIPAL INCOME FUND (Series ID: S000027868)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000084627 | CLASS A      | VKLMX           |
| C000084629 | CLASS C      | VKLCX           |
| C000084630 | CLASS Y      | VKLIX           |
| C000188918 | Class R6     | VKLSX           |

## Nport-Ex

**Schedule of Investments** 

*November 30, 2022* 

*(Unaudited)* 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Interest**<br> **Rate** | **Maturity**<br> **Date** | **Principal**<br> **Amount**<br> **(000)** | **Value** |
|  **Municipal Obligations–102.26%** |  |  |  |  |
|  **Alabama–1.13%** |  |  |  |  |
|  Alabama (State of) Port Authority; Series 2017 A, Ref. RB (INS - AGM)<sup>(a)(b)</sup> | 5.00% | 10/01/2033 | $&nbsp;&nbsp;&nbsp;&nbsp;3500 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3716402 |
|  Alabaster (City of), AL Board of Education; Series 2014 A, GO Wts. (INS - AGM)<sup>(b)</sup> | 5.00% | 09/01/2025 | 1500 | 1550442 |
|  Birmingham (City of) & Jefferson (County of), AL Civic Center Authority; Series 2018 B, RB | 5.00% | 07/01/2035 | 2345 | 2484430 |
|  Birmingham (City of), AL Special Care Facilities Financing Authority (Methodist Home for the Aging); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2016, RB | 5.25% | 06/01/2025 | 55 | 54144 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2016, RB | 5.50% | 06/01/2030 | 2000 | 1902111 |
|  Lee (County of), AL Public Building Authority (DHR Building); Series 2006, Revenue Wts. (INS - SGI)<sup>(b)</sup> | 4.38% | 09/01/2025 | 10 | 10014 |
|  Lower Alabama Gas District (The); Series 2016 A, RB | 5.00% | 09/01/2034 | 5000 | 5250491 |
|  Selma (City of), AL Industrial Development Board (International Paper Co.); Series 2019, Ref. RB<sup>(c)</sup> | 2.00% | 10/01/2024 | 1500 | 1442655 |
|  Southeast Energy Authority A Cooperative District (No. 3); Series 2022 A-1, RB<sup>(c)</sup> | 5.50% | 12/01/2029 | 2000 | 2126731 |
|  Tuscaloosa (County of), AL Industrial Development Authority (Hunt Refining); Series 2019 A, Ref. IDR<sup>(d)</sup> | 4.50% | 05/01/2032 | 2991 | 2572405 |
|  UAB Medicine Finance Authority; Series 2019, RB | 5.00% | 09/01/2031 | 550 | 610866 |
|  |  |  |  | 21720691 |
|  **Arizona–2.33%** |  |  |  |  |
|  Arizona (State of) Health Facilities Authority (Scottsdale Lincoln Hospital); Series 2014, Ref. RB | 5.00% | 12/01/2032 | 3400 | 3480068 |
|  Arizona (State of) Industrial Development Authority; Series 2019-2A, Revenue Ctfs. | 3.63% | 05/20/2033 | 3074 | 2960400 |
|  Arizona (State of) Industrial Development Authority (Academies of Math & Science); Series 2019, RB<sup>(d)</sup> | 5.00% | 07/01/2039 | 1000 | 976829 |
|  Arizona (State of) Industrial Development Authority (Basis Schools); Series 2017 D, Ref. RB<sup>(d)</sup> | 5.00% | 07/01/2037 | 630 | 621001 |
|  Arizona (State of) Industrial Development Authority (Pinecrest Academy of Nevada-Horizon, Inspirada and St. Rose Campus Projects); Series 2018 A, RB<sup>(d)</sup> | 5.75% | 07/15/2038 | 1810 | 1850718 |
|  Glendale (City of), AZ; Series 2015, Ref. RB (INS - AGM)<sup>(b)</sup> | 5.00% | 07/01/2029 | 1000 | 1054559 |
|  Glendale (City of), AZ Industrial Development Authority (The Beatitudes Campus); Series 2017, Ref. RB | 5.00% | 11/15/2028 | 2105 | 2073060 |
|  La Paz (County of), AZ Industrial Development Authority (Charter School Solutions-Harmony Public Schools); Series 2018 A, RB | 5.00% | 02/15/2038 | 1200 | 1209732 |
|  Maricopa (County of), AZ Industrial Development Authority (Commercial Metals Co.); Series 2022, RB<sup>(a)(d)</sup> | 4.00% | 10/15/2047 | 2000 | 1600549 |
|  Maricopa (County of), AZ Industrial Development Authority (GreatHearts Arizona); Series 2017 C, RB | 5.00% | 07/01/2037 | 315 | 327217 |
|  Maricopa (County of), AZ Industrial Development Authority (Legacy Traditional Schools); Series 2021, RB<sup>(d)</sup> | 4.00% | 07/01/2041 | 1275 | 1042493 |
|  Maricopa County Pollution Control Corp. (Southern California Edison); Series 2000, Ref. RB | 2.40% | 06/01/2035 | 4000 | 3048168 |
|  Navajo (Nation of); Series 2015 A, Ref. RB<sup>(d)</sup> | 5.50% | 12/01/2030 | 725 | 758364 |
|  Northern Arizona University; Series 2015, Ref. RB (INS - BAM)<sup>(b)</sup> | 5.00% | 06/01/2032 | 250 | 260224 |
|  Peoria (City of), AZ Industrial Development Authority (Sierra Winds Life Care Community); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2014, Ref. RB (Acquired 11/06/2014; Cost $1,273,552)<sup>(e)</sup> | 5.00% | 11/15/2024 | 1270 | 1145552 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2014, Ref. RB (Acquired 11/06/2014; Cost $2,105,000)<sup>(e)</sup> | 5.25% | 11/15/2029 | 2105 | 1839209 |
|  Phoenix (City of), AZ Industrial Development Authority (Great Hearts Academies); Series 2016, Ref. RB | 5.00% | 07/01/2036 | 1000 | 1012797 |
|  Phoenix (City of), AZ Industrial Development Authority (Legacy Traditional Schools); Series 2014 A, RB<sup>(d)</sup> | 5.75% | 07/01/2024 | 440 | 445319 |
|  Phoenix Civic Improvement Corp.; Series 2019 A, RB | 5.00% | 07/01/2033 | 3500 | 3809172 |
|  Pima (County of), AZ Industrial Development Authority (American Leadership Academy); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2015, Ref. RB<sup>(d)</sup> | 5.38% | 06/15/2035 | 1360 | 1353229 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021, RB<sup>(d)</sup> | 4.00% | 06/15/2041 | 740 | 587048 |
|  Pima (County of), AZ Industrial Development Authority (Desert Heights Charter School); Series 2014, Ref. RB | 6.00% | 05/01/2024 | 175 | 177471 |
|  Pima (County of), AZ Industrial Development Authority (Excalibur Charter School (The)); Series 2016, Ref. RB<sup>(d)</sup> | 5.00% | 09/01/2026 | 35 | 34868 |
|  Pima (County of), AZ Industrial Development Authority (Grande Innovations Academy); Series 2018, RB<sup>(d)</sup> | 5.00% | 07/01/2033 | 2245 | 2166222 |
|  Salt River Project Agricultural Improvement & Power District; Series 2016 A, Ref. RB | 5.00% | 01/01/2034 | 5500 | 5916185 |
|  Tempe (City of), AZ Industrial Development Authority (Mirabella at ASU); Series 2017 A, RB<sup>(d)</sup> | 5.50% | 10/01/2027 | 1245 | 1197946 |

---

See accompanying notes which are an integral part of this schedule.

**Invesco Intermediate Term Municipal Income Fund**

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Interest**<br> **Rate** | **Maturity**<br> **Date** | **Principal**<br> **Amount**<br> **(000)** | **Value** |
|  **Arizona–(continued)** |  |  |  |  |
|  University of Arizona Board of Regents (Arizona Biomedical Research Collaborative Building); Series 2006, COP (INS - AMBAC)<sup>(b)</sup> | 4.50% | 06/01/2031 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20027 |
|  Verrado Community Facilities District No. 1; Series 2013 A, Ref. GO Bonds<sup>(d)</sup> | 5.00% | 07/15/2023 | 825 | 824705 |
|  Westpark Community Facility District; Series 2016, Ref. GO Bonds | 5.00% | 07/15/2032 | 2000 | 2048379 |
|  Yuma (City of), AZ Industrial Development Authority (Regional Medical Center); Series 2014 A, RB | 5.00% | 08/01/2025 | 1000 | 1029471 |
|  |  |  |  | 44870982 |
|  **Arkansas–0.07%** |  |  |  |  |
|  Pulaski (County of), AR Public Facilities Board; Series 2014, RB | 5.00% | 12/01/2028 | 1345 | 1384684 |
|  **California–9.97%** |  |  |  |  |
|  Adelanto (City of), CA Public Utility Authority; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017 A, Ref. RB (INS - AGM)<sup>(b)</sup> | 5.00% | 07/01/2027 | 175 | 191766 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017 A, Ref. RB (INS - AGM)<sup>(b)</sup> | 5.00% | 07/01/2028 | 315 | 345707 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017 A, Ref. RB (INS - AGM)<sup>(b)</sup> | 5.00% | 07/01/2029 | 300 | 329047 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017 A, Ref. RB (INS - AGM)<sup>(b)</sup> | 5.00% | 07/01/2030 | 325 | 355570 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017 A, Ref. RB (INS - AGM)<sup>(b)</sup> | 5.00% | 07/01/2031 | 310 | 338600 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017 A, Ref. RB (INS - AGM)<sup>(b)</sup> | 5.00% | 07/01/2032 | 310 | 337471 |
|  Atwater (City of), CA; Series 2017 A, Ref. RB (INS - AGM)<sup>(b)</sup> | 5.00% | 05/01/2033 | 100 | 107933 |
|  Beaumont (City of), CA Financing Authority (Improvement Area No. 17A); Series 2013 B, RB<sup>(c)(f)</sup> | 5.00% | 09/01/2023 | 1000 | 1018182 |
|  California (State of); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020, Ref. GO Bonds | 4.00% | 03/01/2036 | 9385 | 9733502 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022, GO Bonds | 5.00% | 09/01/2039 | 3000 | 3424009 |
|  California (State of) (Bid Group B); Series 2020, GO Bonds | 5.00% | 11/01/2036 | 10000 | 11267532 |
|  California (State of) County Tobacco Securitization Agency; Series 2014, Ref. RB | 4.00% | 06/01/2029 | 765 | 765790 |
|  California (State of) County Tobacco Securitization Agency (Alameda County Tobacco Asset Securitization Corp.); Series 2002, RB | 6.00% | 06/01/2042 | 2250 | 2287160 |
|  California (State of) Enterprise Development Authority (Academy for Academic Excellence); Series 2020 A, RB<sup>(d)</sup> | 5.00% | 07/01/2040 | 1000 | 924957 |
|  California (State of) Housing Finance Agency; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019 A-1, RB | 4.25% | 01/15/2035 | 1903 | 1848565 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019 A-2, RB | 4.00% | 03/20/2033 | 6677 | 6484132 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021 A, RB | 3.25% | 08/20/2036 | 3447 | 2979210 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021-1A, Revenue Ctfs. | 3.50% | 11/20/2035 | 4878 | 4402453 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021-2A, Revenue Ctfs. (CEP - FHLMC) | 3.75% | 03/25/2035 | 9859 | 9683873 |
|  California (State of) Municipal Finance Authority (American Heritage Education Foundation); Series 2016 A, Ref. RB | 5.00% | 06/01/2046 | 875 | 880909 |
|  California (State of) Municipal Finance Authority (CHF-Davis I, LLC - West Village Student Housing); Series 2018, RB | 5.00% | 05/15/2035 | 5000 | 5100389 |
|  California (State of) Municipal Finance Authority (Emerson College); Series 2011, RB | 5.00% | 01/01/2028 | 270 | 270331 |
|  California (State of) Municipal Finance Authority (Harbor Regional Center); Series 2015, Ref. RB | 5.00% | 11/01/2032 | 1000 | 1061657 |
|  California (State of) Municipal Finance Authority (Mt. San Antonio Gardens); Series 2022, RB | 2.75% | 11/15/2027 | 525 | 472231 |
|  California (State of) Pollution Control Finance Authority; Series 2012, RB<sup>(a)(d)</sup> | 5.00% | 07/01/2027 | 5590 | 5592599 |
|  California (State of) Public Finance Authority (Enso Village) (Green Bonds); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021 B-3, RB<sup>(d)</sup> | 2.13% | 11/15/2027 | 2140 | 1989644 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021, RB<sup>(d)</sup> | 2.38% | 11/15/2028 | 1050 | 967767 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021, RB<sup>(d)</sup> | 3.13% | 05/15/2029 | 4140 | 3618018 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021, RB<sup>(d)</sup> | 5.00% | 11/15/2036 | 1160 | 1056483 |
|  California (State of) Public Finance Authority (Henry Mayo Newhall Hospital); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017, Ref. RB | 5.00% | 10/15/2031 | 1070 | 1116133 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017, Ref. RB | 5.00% | 10/15/2033 | 1000 | 1034893 |
|  California (State of) Public Works Board (Various Capital); Series 2021 B, RB | 4.00% | 05/01/2038 | 2125 | 2163630 |
|  California (State of) School Finance Authority (Alliance for College-Ready Public Schools); Series 2013 A, RB | 5.25% | 07/01/2023 | 230 | 232401 |
|  California (State of) School Finance Authority (KIPP LA); Series 2014 A, RB<sup>(d)</sup> | 4.13% | 07/01/2024 | 270 | 272272 |
|  California (State of) Statewide Communities Development Authority (California Baptist University); Series 2017 A, Ref. RB<sup>(d)</sup> | 5.00% | 11/01/2032 | 1135 | 1164757 |

---

See accompanying notes which are an integral part of this schedule.

**Invesco Intermediate Term Municipal Income Fund**

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Interest**<br> **Rate** | **Maturity**<br> **Date** | **Principal**<br> **Amount**<br> **(000)** | **Value** |
|  **California–(continued)** |  |  |  |  |
|  California (State of) Statewide Communities Development Authority (Loma Linda University Medical Center); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2014, RB | 5.25% | 12/01/2029 | $&nbsp;&nbsp;&nbsp;&nbsp;4300 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4405377 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 A, RB<sup>(d)</sup> | 5.25% | 12/01/2038 | 1000 | 1013788 |
|  California (State of) Statewide Communities Development Authority (University of California - Irvine East Campus Apartments - CHF-Irvine, LLC); Series 2016, Ref. RB | 5.00% | 05/15/2032 | 1250 | 1282612 |
|  California (State of) Tobacco Securitization Agency; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020 A, Ref. RB | 5.00% | 06/01/2032 | 385 | 407680 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020 A, Ref. RB | 5.00% | 06/01/2033 | 600 | 632276 |
|  Chula Vista (City of), CA Municipal Financing Authority; Series 2015 B, Ref. RB | 5.00% | 09/01/2026 | 1500 | 1591256 |
|  Corona-Norco Unified School District (Community Facilities District No. 98-1); Series 2013, Ref. RB<sup>(f)</sup> | 5.00% | 09/01/2023 | 1000 | 1018931 |
|  El Centro (City of), CA Financing Authority (El Centro California Redevelopment); Series 2011, RB | 6.63% | 11/01/2025 | 75 | 75240 |
|  El Dorado (County of), CA (Community Facilities District No. 1992-1 - El Dorado Hills Development); Series 2012, Ref. RB | 5.00% | 09/01/2024 | 495 | 495950 |
|  Golden State Tobacco Securitization Corp.; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2005 A, RB<sup>(f)(g)</sup> | 0.00% | 06/01/2028 | 55 | 47025 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017 A-1, Ref. RB<sup>(f)</sup> | 5.00% | 06/01/2027 | 4000 | 4407130 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 A-1, Ref. RB<sup>(c)(f)</sup> | 5.00% | 06/01/2028 | 4000 | 4504060 |
|  Imperial (County of), CA Local Transportation Authority; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022 A, Ref. RB (INS - AGM)<sup>(b)</sup> | 5.00% | 06/01/2032 | 3800 | 4135898 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022 B, Ref. RB (INS - AGM)<sup>(b)</sup> | 5.00% | 06/01/2032 | 7145 | 7776274 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022 C, Ref. RB (INS - AGM)<sup>(b)</sup> | 5.00% | 06/01/2032 | 1100 | 1197280 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022 D, Ref. RB (INS - AGM)<sup>(b)</sup> | 5.00% | 06/01/2032 | 2880 | 3134332 |
|  Indio (City of), CA Community Facilities District No. 2004-3 (Improvement Area No. 1); Series 2015, Ref. RB | 5.00% | 09/01/2035 | 910 | 933666 |
|  Inglewood Unified School District; Series 2019 C, GO Bonds (INS - BAM)<sup>(b)</sup> | 4.00% | 08/01/2039 | 1000 | 980773 |
|  Irvine (City of), CA (Reassessment District No. 13-1); Series 2013, RB | 5.00% | 09/02/2023 | 500 | 509345 |
|  Lake Elsinore Public Financing Authority; Series 2015, Ref. RB | 5.00% | 09/01/2028 | 2115 | 2204390 |
|  Lancaster (City of), CA Redevelopment Agency Successor Agency (Redevelopment Areas); Series 2017, Ref. RB (INS - AGM)<sup>(b)</sup> | 4.00% | 08/01/2039 | 3400 | 3391349 |
|  Los Angeles (City of), CA Department of Airports; Series 2020 C, RB<sup>(a)</sup> | 5.00% | 05/15/2039 | 1160 | 1223201 |
|  Los Angeles (City of), CA Department of Airports (Los Angeles International Airport); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 A, RB<sup>(a)</sup> | 5.00% | 05/15/2044 | 7005 | 7199832 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 B, Ref. RB<sup>(a)</sup> | 5.00% | 05/15/2029 | 2000 | 2154465 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 D, Ref. RB<sup>(a)</sup> | 5.00% | 05/15/2031 | 3000 | 3237767 |
|  Los Angeles Unified School District; Series 2020 RYQ, GO Bonds | 4.00% | 07/01/2036 | 5000 | 5175479 |
|  Modesto (City of), CA Irrigation District; Series 2015 B, Ref. RB | 5.00% | 10/01/2028 | 1595 | 1695811 |
|  M-S-R Energy Authority; Series 2009 B, RB | 7.00% | 11/01/2034 | 3500 | 4330948 |
|  Northern California Tobacco Securitization Authority; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021 A, Ref. RB | 4.00% | 06/01/2049 | 3390 | 2917474 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021 B-1, Ref. RB | 4.00% | 06/01/2049 | 3790 | 3767678 |
|  Oakland Unified School District (County of Alameda); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2015 A, GO Bonds | 5.00% | 08/01/2028 | 1000 | 1057303 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2015 A, GO Bonds | 5.00% | 08/01/2029 | 1160 | 1226031 |
|  Oroville (City of), CA (Oroville Hospital); Series 2019, RB | 5.25% | 04/01/2034 | 2000 | 2060438 |
|  Palomar Health; Series 2016, Ref. RB | 5.00% | 11/01/2031 | 500 | 519912 |
|  Redwood City (City of), CA (Redwood Shores Community Facilities District No. 99-1 - Shores Transportation Improvement); Series 2012, Ref. RB | 5.00% | 09/01/2026 | 495 | 495634 |
|  Riverside (City of), CA (Riverwalk Assessment District); Series 2011, Ref. RB | 5.25% | 09/02/2026 | 400 | 401935 |
|  Riverside (County of), CA Community Facilities District No. 04-2; Series 2012, Ref. RB | 5.00% | 09/01/2028 | 500 | 501916 |
|  Riverside (County of), CA Public Financing Authority (Desert Communities and Interstate 215 Corridor - Project Area No. 1); Series 2015 A, RB (INS - AGM)<sup>(b)</sup> | 5.00% | 10/01/2029 | 1375 | 1454047 |
|  San Diego (City of), CA Community Facilities District No. 3; Series 2013, Ref. RB | 5.00% | 09/01/2024 | 520 | 526645 |
|  San Diego (County of), CA Regional Airport Authority; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2013 B, RB<sup>(a)(f)</sup> | 5.00% | 07/01/2023 | 250 | 253454 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021 B, RB<sup>(a)</sup> | 4.00% | 07/01/2040 | 3000 | 2857528 |
|  San Francisco (City & County of), CA Airport Commission (San Francisco International Airport); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019 A, Ref. RB<sup>(a)</sup> | 5.00% | 01/01/2033 | 1000 | 1065094 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019 A, Ref. RB<sup>(a)</sup> | 5.00% | 01/01/2034 | 1335 | 1416438 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019 D, Ref. RB | 5.00% | 05/01/2030 | 1800 | 2024713 |

---

See accompanying notes which are an integral part of this schedule.

**Invesco Intermediate Term Municipal Income Fund**

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Interest**<br> **Rate** | **Maturity**<br> **Date** | **Principal**<br> **Amount**<br> **(000)** | **Value** |
|  **California–(continued)** |  |  |  |  |
|  San Francisco (City & County of), CA Successor Agency to the Redevelopment Agency Community Facilities District No. 6 (Mission Bay South Public Improvements); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2013 A, Ref. RB | 5.00% | 08/01/2027 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;750 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;750965 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2013 B, RB | 5.00% | 08/01/2027 | 405 | 405524 |
|  San Francisco (City of), CA Bay Area Rapid Transit District (Green Bonds); Series 2019 B1, GO Bonds | 4.00% | 08/01/2037 | 5000 | 5122533 |
|  San Luis Obispo (County of), CA Financing Authority (Lopez Dam Improvement); Series 2011 A, Ref. RB (INS - AGM)<sup>(b)</sup> | 5.50% | 08/01/2026 | 3195 | 3202815 |
|  Santa Margarita Water District (Community Facilities District No. 2013-1); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2013, RB | 5.00% | 09/01/2026 | 990 | 1002004 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2013, RB | 5.13% | 09/01/2027 | 1150 | 1164965 |
|  South Tahoe Joint Powers Financing Authority (South Tahoe Redevelopment Project Area No. 1); Series 2015 A, Ref. RB (INS - NATL)<sup>(b)</sup> | 5.00% | 10/01/2028 | 2080 | 2158418 |
|  University of California (Limited); Series 2017 M, RB | 5.00% | 05/15/2025 | 440 | 465901 |
|  West Contra Costa Unified School District (Election of 2005); Series 2008 B, GO Bonds | 6.00% | 08/01/2023 | 1000 | 1023366 |
|  William S. Hart Union High School District (Community Facilities District No. 2005-1); Series 2015, Ref. RB | 5.00% | 09/01/2032 | 1045 | 1072272 |
|  |  |  |  | 191896711 |
|  **Colorado–2.60%** |  |  |  |  |
|  Arkansas River Power Authority; Series 2018 A, Ref. RB | 5.00% | 10/01/2032 | 2645 | 2745195 |
|  Aurora Crossroads Metropolitan District No. 2; Series 2020 A, GO Bonds | 5.00% | 12/01/2040 | 1480 | 1358724 |
|  BNC Metropolitan District No. 1; Series 2017 A, Ref. GO Bonds (INS - BAM)<sup>(b)</sup> | 5.00% | 12/01/2032 | 360 | 389674 |
|  Brighton Crossing Metropolitan District No. 4; Series 2017 A, GO Bonds | 5.00% | 12/01/2037 | 1050 | 1019801 |
|  Broadway Park North Metropolitan District No. 2; Series 2020, GO Bonds<sup>(d)</sup> | 5.00% | 12/01/2040 | 1325 | 1245546 |
|  Centerra Metropolitan District No. 1 (In the City of Loveland); Series 2017, RB<sup>(d)</sup> | 5.00% | 12/01/2029 | 4000 | 3963985 |
|  Clear Creek Transit Metropolitan District No. 2; Series 2021 A, GO Bonds | 4.00% | 12/01/2031 | 525 | 462553 |
|  Colorado (State of) Health Facilities Authority (Aberdeen Ridge); Series 2021 B, RB | 2.63% | 05/15/2029 | 1125 | 1013863 |
|  Colorado (State of) Health Facilities Authority (Children's Hospital); Series 2013 A, RB | 5.00% | 12/01/2036 | 200 | 201163 |
|  Colorado (State of) Health Facilities Authority (Christian Living Neighborhoods); Series 2016, Ref. RB | 5.00% | 01/01/2031 | 2475 | 2373212 |
|  Colorado (State of) Health Facilities Authority (CommonSpirit Health); Series 2019 A, Ref. RB | 4.00% | 08/01/2037 | 4730 | 4413823 |
|  Colorado (State of) Health Facilities Authority (Sunny Vista Living Center); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2015 A, Ref. RB<sup>(d)</sup> | 5.00% | 12/01/2025 | 375 | 341811 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2015 A, Ref. RB<sup>(d)</sup> | 5.50% | 12/01/2030 | 750 | 616801 |
|  Dacono Urban Renewal Authority; Series 2020, RB | 6.25% | 12/01/2039 | 656 | 608573 |
|  Denver (City & County of), CO; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 A, Ref. RB<sup>(a)</sup> | 5.00% | 12/01/2028 | 1510 | 1627482 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 A, Ref. RB<sup>(a)</sup> | 5.00% | 12/01/2030 | 1000 | 1091354 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 A-2, RB<sup>(g)</sup> | 0.00% | 08/01/2030 | 800 | 598626 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 A-2, RB<sup>(g)</sup> | 0.00% | 08/01/2031 | 1000 | 714422 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022 A, RB<sup>(a)</sup> | 5.00% | 11/15/2034 | 8750 | 9492463 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022 D, Ref. RB<sup>(a)</sup> | 5.50% | 11/15/2032 | 2250 | 2577895 |
|  Denver (City & County of), CO (United Airlines, Inc.); Series 2017, Ref. RB<sup>(a)</sup> | 5.00% | 10/01/2032 | 5000 | 4964134 |
|  Denver (City & County of), CO Health & Hospital Authority; Series 2019 A, Ref. RB | 4.00% | 12/01/2038 | 2500 | 2225800 |
|  Evan's Place Metropolitan District; Series 2020 MDD, GO Bonds | 5.00% | 12/01/2040 | 1050 | 970192 |
|  Interquest South Business Improvement District; Series 2017, GO Bonds | 4.50% | 12/01/2030 | 180 | 166608 |
|  Jefferson (County of), CO Center Metropolitan District No. 1; Series 2020 A-2, RB | 4.13% | 12/01/2040 | 575 | 480174 |
|  Plaza Metropolitan District No. 1; Series 2013, Ref. RB<sup>(d)</sup> | 5.00% | 12/01/2022 | 1000 | 1000000 |
|  Pueblo Urban Renewal Authority (Evraz); Series 2021 B, RB<sup>(d)(g)</sup> | 0.00% | 12/01/2025 | 250 | 210147 |
|  Transport Metropolitan District No. 3; Series 2021 A-1, GO Bonds | 4.13% | 12/01/2031 | 805 | 717238 |
|  Vauxmont Metropolitan District; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019, Ref. GO Bonds (INS - AGM)<sup>(b)</sup> | 5.00% | 12/15/2031 | 135 | 144632 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019, Ref. GO Bonds (INS - AGM)<sup>(b)</sup> | 5.00% | 12/15/2032 | 160 | 171282 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020, Ref. GO Bonds (INS - AGM)<sup>(b)</sup> | 5.00% | 12/01/2031 | 230 | 253559 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020, Ref. GO Bonds (INS - AGM)<sup>(b)</sup> | 5.00% | 12/01/2032 | 250 | 274970 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020, Ref. GO Bonds (INS - AGM)<sup>(b)</sup> | 5.00% | 12/01/2033 | 255 | 279304 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020, Ref. GO Bonds (INS - AGM)<sup>(b)</sup> | 5.00% | 12/01/2034 | 285 | 310141 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020, Ref. GO Bonds (INS - AGM)<sup>(b)</sup> | 5.00% | 12/01/2035 | 100 | 108355 |
|  Windler Public Improvement Authority; Series 2021 A-1, RB | 4.00% | 12/01/2031 | 1065 | 901324 |
|  |  |  |  | 50034826 |

---

See accompanying notes which are an integral part of this schedule.

**Invesco Intermediate Term Municipal Income Fund**

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Interest**<br> **Rate** | **Maturity**<br> **Date** | **Principal**<br> **Amount**<br> **(000)** | **Value** |
|  **Connecticut–1.43%** |  |  |  |  |
|  Connecticut (State of); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 C, GO Bonds | 5.00% | 06/15/2027 | $&nbsp;&nbsp;&nbsp;&nbsp;3000 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3288905 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019 A, GO Bonds | 5.00% | 04/15/2034 | 4150 | 4550637 |
|  Connecticut (State of) (Transportation Infrastructure); Series 2018, RB | 5.00% | 01/01/2030 | 5000 | 5519338 |
|  Connecticut (State of) Health & Educational Facilities Authority; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020 A, RB | 5.00% | 07/01/2033 | 1510 | 1606506 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020 G-1, Ref. RB<sup>(d)</sup> | 5.00% | 07/01/2030 | 285 | 289663 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020 G-1, Ref. RB<sup>(d)</sup> | 5.00% | 07/01/2031 | 540 | 544878 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020 G-1, Ref. RB<sup>(d)</sup> | 5.00% | 07/01/2033 | 600 | 598235 |
|  Hamden (Town of), CT (Whitney Center); Series 2019, Ref. RB | 5.00% | 01/01/2030 | 2685 | 2561578 |
|  University of Connecticut; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2016 A, RB | 5.00% | 03/15/2032 | 2940 | 3122353 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017 A, RB | 5.00% | 01/15/2030 | 5000 | 5402196 |
|  |  |  |  | 27484289 |
|  **District of Columbia–1.70%** |  |  |  |  |
|  District of Columbia (Provident Group - Howard Properties LLC); Series 2013, RB | 5.00% | 10/01/2030 | 2550 | 2550058 |
|  Metropolitan Washington Airports Authority; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2010, RB (INS - BAM)<sup>(b)(g)</sup> | 0.00% | 10/01/2037 | 13000 | 6319404 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2016 A, Ref. RB<sup>(a)</sup> | 5.00% | 10/01/2034 | 2215 | 2297109 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019 A, Ref. RB<sup>(a)</sup> | 5.00% | 10/01/2031 | 5000 | 5408200 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019 A, Ref. RB<sup>(a)</sup> | 5.00% | 10/01/2032 | 1435 | 1548567 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019 A, Ref. RB<sup>(a)</sup> | 5.00% | 10/01/2039 | 3775 | 3931461 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019 A, Ref. RB<sup>(a)</sup> | 5.00% | 10/01/2040 | 1635 | 1696122 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021 A, Ref. RB<sup>(a)</sup> | 5.00% | 10/01/2033 | 6000 | 6538738 |
|  Metropolitan Washington Airports Authority (Dulles Metrorail and Capital Improvement); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2010 A, RB<sup>(g)</sup> | 0.00% | 10/01/2037 | 5000 | 2357444 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2010 A, RB (INS - AGM)<sup>(b)(g)</sup> | 0.00% | 10/01/2037 | 40 | 19444 |
|  |  |  |  | 32666547 |
|  **Florida–6.60%** |  |  |  |  |
|  Alachua (County of), FL Health Facilities Authority (Shands Teaching Hospital & Clinics); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2014 A, RB | 5.00% | 12/01/2044 | 5000 | 5030172 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019, Ref. RB | 5.00% | 12/01/2037 | 2570 | 2682028 |
|  Atlantic Beach (City of), FL (Fleet Landing); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2013 A, Ref. RB | 5.00% | 11/15/2023 | 565 | 570588 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 A, RB | 5.00% | 11/15/2038 | 1100 | 1111247 |
|  Broward (County of), FL (Convention Center Expansion); Series 2021, RB | 4.00% | 09/01/2037 | 13000 | 13182051 |
|  Capital Trust Agency, Inc. (Franklin Academy); Series 2020, RB<sup>(d)</sup> | 5.00% | 12/15/2040 | 1220 | 1152080 |
|  Capital Trust Agency, Inc. (H-Bay Ministries, Inc.- Superior Residences); Series 2018 B, RB<sup>(h)</sup> | 4.50% | 07/01/2038 | 500 | 90000 |
|  Capital Trust Agency, Inc. (Sarasota-Manatee Jewish Housing Council, Inc.); Series 2017, Ref. RB<sup>(d)</sup> | 5.00% | 07/01/2032 | 2545 | 2306170 |
|  Capital Trust Agency, Inc. (Viera Charter Schools, Inc.); Series 2017 A, RB<sup>(d)</sup> | 5.00% | 10/15/2037 | 510 | 489295 |
|  Collier (County of), FL Industrial Development Authority (The Arlington of Naples); Series 2014 A, RB (Acquired 12/16/2013; Cost $1,215,000)<sup>(d)(e)(h)</sup> | 7.25% | 05/15/2026 | 1215 | 777600 |
|  Florida (State of) Higher Educational Facilities Financial Authority (Florida Institute of Technology); Series 2019, RB | 5.00% | 10/01/2032 | 2590 | 2710484 |
|  Florida (State of) North Broward Hospital District; Series 2017 B, Ref. RB | 5.00% | 01/01/2034 | 5000 | 5184812 |
|  Florida Development Finance Corp. (Green Bonds); Series 2019 B, RB<sup>(a)(d)</sup> | 7.38% | 01/01/2049 | 10000 | 8917222 |
|  Florida Development Finance Corp. (Renaissance Charter School, Inc.); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2015, RB<sup>(d)</sup> | 6.00% | 06/15/2035 | 1265 | 1278856 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020 C, Ref. RB<sup>(d)</sup> | 4.00% | 09/15/2030 | 470 | 431967 |
|  Florida Housing Finance Corp.; Series 2015 A, RB (CEP - GNMA) | 3.65% | 07/01/2041 | 240 | 237324 |
|  Greater Orlando Aviation Authority; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019 A, RB<sup>(a)</sup> | 5.00% | 10/01/2032 | 7025 | 7580966 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019 A, RB<sup>(a)</sup> | 5.00% | 10/01/2034 | 5000 | 5312513 |
|  Greater Orlando Aviation Authority (Jetblue Airway); Series 2013, Ref. RB<sup>(a)</sup> | 5.00% | 11/15/2026 | 3500 | 3503704 |
|  Halifax Hospital Medical Center; Series 2015, Ref. RB<sup>(c)(f)</sup> | 5.00% | 06/01/2025 | 325 | 343330 |
|  Highlands (County of), FL Health Facilities Authority (Trousdale Foundation Properties); Series 2018 A, RB (Acquired 08/29/2018; Cost $2,494,221)<sup>(e)</sup> | 5.25% | 04/03/2028 | 2500 | 940000 |
|  Lake (County of), FL (Lakeside at Waterman Village); Series 2020 B-1, Ref. RB | 4.25% | 08/15/2027 | 2240 | 2124304 |

---

See accompanying notes which are an integral part of this schedule.

**Invesco Intermediate Term Municipal Income Fund**

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Interest**<br> **Rate** | **Maturity**<br> **Date** | **Principal**<br> **Amount**<br> **(000)** | **Value** |
|  **Florida–(continued)** |  |  |  |  |
|  Lake Helen (City of), FL (Ivy Hawn Charter School of the Arts); Series 2018 A, RB<sup>(d)</sup> | 5.00% | 07/15/2028 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;485 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;476019 |
|  Lee (County of), FL; Series 2021 B, RB<sup>(a)</sup> | 5.00% | 10/01/2035 | 5000 | 5324666 |
|  Lee (County of), FL Industrial Development Authority (Preserve (The)); Series 2017 A, RB<sup>(d)</sup> | 5.38% | 12/01/2032 | 1000 | 827689 |
|  Manatee (County of), FL School District; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017, RB (INS - AGM)<sup>(b)</sup> | 5.00% | 10/01/2029 | 1000 | 1082330 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017, RB (INS - AGM)<sup>(b)</sup> | 5.00% | 10/01/2031 | 3000 | 3240768 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017, RB (INS - AGM)<sup>(b)</sup> | 5.00% | 10/01/2032 | 1250 | 1348221 |
|  Miami (City of) & Dade (County of), FL School Board; Series 2015 A, Ref. COP | 5.00% | 05/01/2032 | 1900 | 1967199 |
|  Miami (City of), FL; Series 2012, Ref. RB<sup>(d)</sup> | 5.00% | 03/01/2030 | 100 | 100572 |
|  Miami-Dade (County of), FL; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017 B, Ref. RB | 4.00% | 10/01/2036 | 15000 | 15174514 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021, RB | 4.00% | 10/01/2042 | 3000 | 2938785 |
| &nbsp;&nbsp;&nbsp;&nbsp; Subseries 2021 A-1, Ref. RB (INS - AGM)<sup>(a)(b)</sup> | 4.00% | 10/01/2039 | 3500 | 3395614 |
| &nbsp;&nbsp;&nbsp;&nbsp; Subseries 2021 A-1, Ref. RB (INS - AGM)<sup>(a)(b)</sup> | 4.00% | 10/01/2040 | 3000 | 2815140 |
| &nbsp;&nbsp;&nbsp;&nbsp; Subseries 2021 A-1, Ref. RB (INS - AGM)<sup>(a)(b)</sup> | 4.00% | 10/01/2041 | 2385 | 2223679 |
|  Miami-Dade (County of), FL (Jackson Health System); Series 2015 A, Ref. RB | 5.00% | 06/01/2033 | 1000 | 1041653 |
|  Miami-Dade (County of), FL Expressway Authority; Series 2016 A, Ref. RB | 5.00% | 07/01/2028 | 1625 | 1710720 |
|  Miami-Dade (County of), FL Transit System; Series 2022, RB | 5.00% | 07/01/2043 | 5000 | 5405744 |
|  Mirabella Community Development District; Series 2013, RB | 6.00% | 11/01/2026 | 85 | 86789 |
|  Orlando (City of), FL Community Redevelopment Agency (Conroy Road District); Series 2012, Ref. RB | 5.00% | 04/01/2023 | 500 | 504950 |
|  Osceola (County of), FL; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020 A-1, Ref. RB | 5.00% | 10/01/2033 | 350 | 357404 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020 A-1, Ref. RB | 5.00% | 10/01/2034 | 300 | 305023 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020 A-1, Ref. RB | 5.00% | 10/01/2035 | 500 | 507283 |
|  Palm Beach (County of), FL Health Facilities Authority; Series 2020 B-1, RB | 3.00% | 06/01/2027 | 2720 | 2720000 |
|  Palm Beach (County of), FL Health Facilities Authority (ACTS Retirement-Life Communities, Inc.); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2016, Ref. RB | 5.00% | 11/15/2032 | 3500 | 3527349 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020 B, RB | 4.00% | 11/15/2041 | 250 | 213838 |
|  Pompano Beach (City of), FL (John Knox Village); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021 B-1, RB | 2.00% | 01/01/2029 | 1150 | 970997 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021 B-2, RB | 1.45% | 01/01/2027 | 560 | 490836 |
|  Tampa (City of), FL; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020 A, RB<sup>(g)</sup> | 0.00% | 09/01/2041 | 3030 | 1251500 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020 A, RB<sup>(g)</sup> | 0.00% | 09/01/2049 | 3795 | 1053191 |
|  |  |  |  | 127019186 |
|  **Georgia–1.53%** |  |  |  |  |
|  Atlanta (City of), GA; Series 2019, RB<sup>(a)</sup> | 4.00% | 07/01/2038 | 1540 | 1484438 |
|  Brookhaven Development Authority (Children's Healthcare of Atlanta, Inc.); Series 2019 A, RB | 5.00% | 07/01/2031 | 330 | 364630 |
|  Burke (County of), GA Development Authority (Georgia Power Co. Plant Vogtle); Series 1995, RB | 2.20% | 10/01/2032 | 2000 | 1633767 |
|  College Park (City of), GA (Atlanta International Airport); Series 2006 B, RB (INS - NATL)<sup>(b)</sup> | 4.50% | 01/01/2031 | 15 | 15009 |
|  Floyd (County of), GA Development Authority (The Spires at Berry College); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 A, RB | 5.50% | 12/01/2028 | 940 | 917076 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 A, RB | 5.75% | 12/01/2033 | 1500 | 1434101 |
|  Fulton (County of), GA Development Authority (Robert W. Woodruff Arts Center); Series 2019, Ref. RB | 4.00% | 03/15/2044 | 830 | 804485 |
|  Fulton (County of), GA Development Authority (Wellstar Health System, Inc.); Series 2017, RAC | 5.00% | 04/01/2033 | 1870 | 1955826 |
|  George L Smith II Congress Center Authority (Convention Center Hotel); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021, RB | 2.38% | 01/01/2031 | 525 | 459742 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021, RB | 4.00% | 01/01/2036 | 1100 | 1015085 |
|  Georgia (State of) Municipal Electric Authority; Series 2019 A, Ref. RB | 5.00% | 01/01/2033 | 1200 | 1295010 |
|  Georgia (State of) Municipal Electric Authority (Project One); Series 2015 A, Ref. RB | 5.00% | 01/01/2032 | 875 | 903774 |
|  Georgia (State of) Municipal Electric Authority of Georgia (Plant Vogtle Units 3 & 4); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021 A, Ref. RB | 4.00% | 01/01/2041 | 480 | 435772 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021 A, Ref. RB (INS - AGM)<sup>(b)</sup> | 4.00% | 01/01/2041 | 485 | 471430 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021 A, Ref. RB (INS - AGM)<sup>(b)</sup> | 4.00% | 01/01/2046 | 1295 | 1203727 |
|  Georgia Municipal Association, Inc.; Series 1998, COP (INS - AGM)<sup>(b)</sup> | 5.00% | 12/01/2023 | 15 | 15032 |
|  Houston (County of), GA Hospital Authority (Houston Hospitals, Inc.); Series 2016 A, Ref. RB<sup>(c)(f)</sup> | 5.00% | 04/01/2024 | 730 | 745983 |

---

See accompanying notes which are an integral part of this schedule.

**Invesco Intermediate Term Municipal Income Fund**

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Interest**<br> **Rate** | **Maturity**<br> **Date** | **Principal**<br> **Amount**<br> **(000)** | **Value** |
|  **Georgia–(continued)** |  |  |  |  |
|  Macon-Bibb (County of), GA Urban Development Authority (Academy for Classical Education, Inc.); Series 2017 A, RB<sup>(d)</sup> | 5.75% | 06/15/2037 | $1540 | $1560157 |
|  Main Street Natural Gas, Inc.; Series 2022 B, RB<sup>(c)</sup> | 5.00% | 06/01/2029 | &nbsp;&nbsp;&nbsp;&nbsp;5000 | 5160664 |
|  Metropolitan Atlanta Rapid Transit Authority; Series 2016 B, Ref. RB | 5.00% | 07/01/2032 | 7150 | 7677513 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29553221 |
|  **Guam–0.26%** |  |  |  |  |
|  Guam (Territory of); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021 A, Ref. RB | 5.00% | 11/01/2040 | 4000 | 4010661 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021 F, Ref. RB | 5.00% | 01/01/2029 | 1000 | 1043081 |
|  |  |  |  | 5053742 |
|  **Hawaii–0.46%** |  |  |  |  |
|  Hawaii (State of) Department of Budget & Finance; Series 2019, Ref. RB | 3.20% | 07/01/2039 | 1655 | 1349176 |
|  Hawaii (State of) Department of Transportation (Airports Division); Series 2013, COP<sup>(a)</sup> | 5.00% | 08/01/2023 | 1250 | 1266966 |
|  Honolulu (City & County of), HI Wastewater System Revenue; Series 2015 A, RB<sup>(i)</sup> | 5.00% | 07/01/2031 | 6000 | 6307453 |
|  |  |  |  | 8923595 |
|  **Idaho–0.11%** |  |  |  |  |
|  Idaho (State of) Housing & Finance Association; Series 2019, Ref. RB | 5.00% | 07/15/2035 | 1900 | 2082357 |
|  **Illinois–10.52%** |  |  |  |  |
|  Bartlett (Village of), IL (Quarry Redevelopment); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2007, Ref. RB | 5.60% | 01/01/2023 | 195 | 195102 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2016, Ref. RB | 4.00% | 01/01/2024 | 2330 | 2307434 |
|  Bolingbrook (Village of), IL Special Service Area No. 2005-1; Series 2019, Ref. RB | 5.00% | 03/01/2033 | 1645 | 1559992 |
|  Chicago (City of), IL; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2003 B, Ref. GO Bonds | 5.00% | 01/01/2024 | 1795 | 1810494 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2003 B, Ref. GO Bonds | 5.50% | 01/01/2030 | 250 | 253539 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2004, RB | 5.00% | 11/01/2028 | 3000 | 3121161 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2008 C, Ref. RB | 5.00% | 01/01/2029 | 2500 | 2546379 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2008 C, Ref. RB | 5.00% | 01/01/2030 | 1500 | 1530741 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2015 A, GO Bonds | 5.38% | 01/01/2029 | 5000 | 5073110 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017 A, Ref. GO Bonds | 5.75% | 01/01/2034 | 2500 | 2559545 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017 B, Ref. RB | 5.00% | 01/01/2033 | 3000 | 3085560 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019 A, GO Bonds | 5.50% | 01/01/2035 | 3000 | 3103093 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021 A, Ref. GO Bonds | 5.00% | 01/01/2033 | 9000 | 9056526 |
|  Chicago (City of), IL (83rd/Stewart Redevelopment); Series 2013, COP<sup>(d)</sup> | 7.00% | 01/15/2029 | 929 | 928839 |
|  Chicago (City of), IL (O'Hare International Airport); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2015 A, Ref. RB<sup>(a)</sup> | 5.00% | 01/01/2029 | 6000 | 6138989 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2015 B, Ref. RB | 5.00% | 01/01/2031 | 3000 | 3107466 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017 D, RB<sup>(a)</sup> | 5.00% | 01/01/2031 | 1000 | 1042816 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017 D, RB<sup>(a)</sup> | 5.00% | 01/01/2032 | 1000 | 1041128 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017 D, RB<sup>(a)</sup> | 5.00% | 01/01/2033 | 2000 | 2079075 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020 A, Ref. RB (INS - AGM)<sup>(b)</sup> | 4.00% | 01/01/2037 | 2250 | 2234932 |
|  Chicago (City of), IL Board of Education; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017 C, Ref. GO Bonds | 5.00% | 12/01/2030 | 2000 | 2018839 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017, RB | 5.75% | 04/01/2035 | 1000 | 1049705 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 A, Ref. GO Bonds (INS - AGM)<sup>(b)</sup> | 5.00% | 12/01/2027 | 1500 | 1569971 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 A, Ref. GO Bonds (INS - AGM)<sup>(b)</sup> | 5.00% | 12/01/2030 | 1000 | 1047347 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 A, Ref. GO Bonds (INS - AGM)<sup>(b)</sup> | 5.00% | 12/01/2031 | 1250 | 1306176 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 C, Ref. GO Bonds | 5.00% | 12/01/2025 | 1000 | 1014872 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021 A, GO Bonds | 5.00% | 12/01/2035 | 20 | 19811 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021 A, GO Bonds | 5.00% | 12/01/2038 | 1240 | 1209342 |
|  Chicago (City of), IL Metropolitan Water Reclamation District; Series 2015 C, GO Bonds<sup>(i)</sup> | 5.00% | 12/01/2027 | 7000 | 7312594 |
|  Chicago (City of), IL Midway International Airport; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2013 A, Ref. RB<sup>(a)</sup> | 5.50% | 01/01/2027 | 1000 | 1001332 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2013 A, Ref. RB<sup>(a)</sup> | 5.38% | 01/01/2033 | 6500 | 6506274 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2013 B, Ref. RB | 5.00% | 01/01/2025 | 1000 | 1001490 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2014 A, Ref. RB<sup>(a)</sup> | 5.00% | 01/01/2023 | 3000 | 3004418 |

---

See accompanying notes which are an integral part of this schedule.

**Invesco Intermediate Term Municipal Income Fund**

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Interest**<br> **Rate** | **Maturity**<br> **Date** | **Principal**<br> **Amount**<br> **(000)** | **Value** |
|  **Illinois–(continued)** |  |  |  |  |
|  Cook (County of), IL; Series 2018, Ref. RB | 5.25% | 11/15/2035 | $&nbsp;&nbsp;&nbsp;&nbsp;2000 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2131269 |
|  Cook County Community College District No. 508 (City Colleges of Chicago); Series 2013, GO Bonds | 5.25% | 12/01/2026 | 500 | 504223 |
|  Illinois (State of); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2013, GO Bonds | 5.50% | 07/01/2027 | 2295 | 2315156 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2013, GO Bonds | 5.50% | 07/01/2038 | 2500 | 2513452 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2016, GO Bonds | 5.00% | 11/01/2025 | 2135 | 2203646 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2016, GO Bonds | 5.00% | 11/01/2030 | 1040 | 1075509 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2016, GO Bonds | 4.00% | 06/01/2032 | 3155 | 3047661 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017 C, GO Bonds | 5.00% | 11/01/2029 | 2000 | 2085123 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 A, Ref. GO Bonds | 5.00% | 10/01/2028 | 8375 | 8797141 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 B, Ref. GO Bonds | 5.00% | 10/01/2027 | 1405 | 1467307 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020 B, GO Bonds | 4.00% | 10/01/2035 | 3000 | 2826864 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020, GO Bonds | 5.50% | 05/01/2024 | 1000 | 1027786 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020, GO Bonds | 5.50% | 05/01/2030 | 3000 | 3275759 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020, GO Bonds | 5.50% | 05/01/2039 | 2455 | 2591448 |
|  Illinois (State of) (Rebuild Illinois Program); Series 2019 B, GO Bonds | 4.00% | 11/01/2035 | 4450 | 4192039 |
|  Illinois (State of) Finance Authority (Advocate Health Care Network); Series 2008 A, Ref. RB | 5.00% | 11/01/2030 | 2000 | 2082625 |
|  Illinois (State of) Finance Authority (Benedictine University); Series 2021, Ref. RB | 5.00% | 10/01/2030 | 1300 | 1332954 |
|  Illinois (State of) Finance Authority (Centegra Health System); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2014 A, RB<sup>(c)(f)</sup> | 5.00% | 09/01/2024 | 1000 | 1039508 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2014 A, RB<sup>(c)(f)</sup> | 5.00% | 09/01/2024 | 1250 | 1299385 |
|  Illinois (State of) Finance Authority (CITGO Petroleum Corp.); Series 2002, RB<sup>(a)</sup> | 8.00% | 06/01/2032 | 710 | 710606 |
|  Illinois (State of) Finance Authority (Park Place of Elmhurst); Series 2016, RB | 5.13% | 05/15/2060 | 1043 | 753940 |
|  Illinois (State of) Finance Authority (Peace Village); Series 2013, RB<sup>(c)(f)</sup> | 6.25% | 08/15/2023 | 1505 | 1538630 |
|  Illinois (State of) Finance Authority (Rogers Park Montessori School); Series 2014,<br>Ref. RB | 5.00% | 02/01/2024 | 190 | 190324 |
|  Illinois (State of) Finance Authority (Rush University Medical Center); Series 2015 A, Ref. RB | 5.00% | 11/15/2034 | 4500 | 4603007 |
|  Illinois (State of) Finance Authority (The University of Chicago); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021 A, Ref. RB | 5.00% | 10/01/2036 | 1600 | 1828888 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021 A, Ref. RB | 5.00% | 10/01/2037 | 1350 | 1535163 |
|  Illinois (State of) Finance Authority (University of Illinois Health Services); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020, RB | 5.00% | 10/01/2030 | 750 | 804664 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020, RB | 5.00% | 10/01/2031 | 750 | 792285 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020, RB | 5.00% | 10/01/2032 | 750 | 790243 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020, RB | 5.00% | 10/01/2033 | 750 | 786930 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020, RB | 5.00% | 10/01/2034 | 750 | 784232 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020, RB | 5.00% | 10/01/2035 | 750 | 780259 |
|  Illinois (State of) Metropolitan Pier & Exposition Authority (McCormick Place Expansion); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 1998 A, Ref. RB (INS - NATL)<sup>(b)</sup> | 5.50% | 06/15/2029 | 2000 | 2143080 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2002 A, Ref. RB (INS - NATL)<sup>(b)</sup> | 5.70% | 06/15/2023 | 1295 | 1311545 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2002, RB (INS - AGM)<sup>(b)(g)</sup> | 0.00% | 12/15/2029 | 2550 | 1925564 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2002, RB (INS - NATL)<sup>(b)(g)</sup> | 0.00% | 12/15/2032 | 13490 | 8709298 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2002, RB (INS - NATL)<sup>(b)(g)</sup> | 0.00% | 12/15/2034 | 5000 | 2896610 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2012 B, Ref. RB | 5.00% | 12/15/2022 | 5010 | 5012998 |
|  Illinois (State of) Regional Transportation Authority; Series 2002 A, RB (INS - AGM)<sup>(b)</sup> | 6.00% | 07/01/2027 | 2700 | 3071610 |
|  Illinois (State of) Sports Facilities Authority; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019, Ref. RB (INS - BAM)<sup>(b)</sup> | 5.00% | 06/15/2028 | 2100 | 2201123 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019, Ref. RB (INS - BAM)<sup>(b)</sup> | 5.00% | 06/15/2029 | 1000 | 1054911 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019, Ref. RB (INS - BAM)<sup>(b)</sup> | 5.00% | 06/15/2030 | 1200 | 1265799 |
|  Illinois (State of) Toll Highway Authority; Series 2013 A, RB | 5.00% | 01/01/2038 | 2000 | 2002242 |
|  Kane County School District No. 131 Aurora East Side; Series 2020 A, GO Bonds<br>(INS - AGM)<sup>(b)</sup> | 4.00% | 12/01/2036 | 745 | 755724 |
|  Manhattan (Village of), IL Special Service Area No. 2004-1 (Brookstone Springs); Series 2015, Ref. RB | 4.25% | 03/01/2024 | 421 | 418774 |
|  Markham (City of), IL (Library Purposes); Series 2005 B, GO Bonds (INS - AGC)<sup>(b)</sup> | 5.25% | 01/01/2023 | 10 | 10017 |
|  Railsplitter Tobacco Settlement Authority; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017, RB | 5.00% | 06/01/2027 | 4000 | 4251706 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017, RB | 5.00% | 06/01/2028 | 2000 | 2124339 |
|  Regional Transportation Authority; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 B, RB<sup>(i)</sup> | 5.00% | 06/01/2031 | 3800 | 4185830 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 B, RB<sup>(i)</sup> | 5.00% | 06/01/2032 | 3995 | 4400268 |

---

See accompanying notes which are an integral part of this schedule.

**Invesco Intermediate Term Municipal Income Fund**

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Interest<br>Rate** | **Maturity<br>Date** | **Principal<br>Amount<br>(000)** | **Value** |
|  **Illinois–(continued)** |  |  |  |  |
|  Sales Tax Securitization Corp.; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017 A, Ref. RB | 5.00% | 01/01/2029 | $&nbsp;&nbsp;&nbsp;&nbsp;1000 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1069744 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017 A, Ref. RB | 5.00% | 01/01/2030 | 1000 | 1069119 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 A, Ref. RB | 5.00% | 01/01/2031 | 3000 | 3196906 |
|  Springfield (City of), IL; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2015, Ref. RB | 5.00% | 03/01/2032 | 2000 | 2062231 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2015, Ref. RB | 5.00% | 03/01/2033 | 3500 | 3604320 |
|  Stephenson County School District No. 145 Freeport; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 A, GO Bonds<sup>(c)(f)</sup> | 5.00% | 02/01/2028 | 205 | 226904 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 A, GO Bonds (INS - AGM)<sup>(b)</sup> | 5.00% | 02/01/2031 | 895 | 995449 |
|  |  |  |  | 202512229 |
|  **Indiana–0.78%** |  |  |  |  |
|  Allen (County of), IN (Evergreen Village Fort Wayne); Series 2019, RB | 6.00% | 02/01/2039 | 570 | 524061 |
|  Indiana (State of) Finance Authority (CWA Authority); Series 2021, Ref. RB | 4.00% | 10/01/2039 | 5075 | 5131517 |
|  Indiana (State of) Finance Authority (KIPP Indianapolis, Inc.); Series 2020 A, RB | 4.00% | 07/01/2030 | 215 | 202603 |
|  Indiana (State of) Finance Authority (United States Steel Corp.); Series 2021 A,<br>Ref. RB | 4.13% | 12/01/2026 | 1000 | 975357 |
|  Jeffersonville (City of), IN (Vivera Senior Living); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020 A, RB<sup>(d)</sup> | 4.75% | 11/01/2030 | 575 | 505021 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020 A, RB<sup>(d)</sup> | 5.25% | 11/01/2040 | 4560 | 3688248 |
|  Northern Indiana Commuter Transportation District; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2016, RB | 5.00% | 07/01/2027 | 1800 | 1924391 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2016, RB | 5.00% | 07/01/2028 | 1250 | 1335066 |
|  Terre Haute (City of), IN (Silver Birch of Terre Haute); Series 2017, RB | 5.10% | 01/01/2032 | 685 | 598156 |
|  Valparaiso (City of), IN (Pratt Paper, LLC); Series 2013, RB<sup>(a)</sup> | 5.88% | 01/01/2024 | 220 | 222947 |
|  |  |  |  | 15107367 |
|  **Iowa–0.77%** |  |  |  |  |
|  Iowa (State of) Finance Authority (Iowa Fertilizer Co.); Series 2022, Ref. RB<sup>(c)</sup> | 4.00% | 12/01/2032 | 5350 | 5066254 |
|  Iowa (State of) Finance Authority (Lifespace Communities, Inc.); Series 2021 A,<br>Ref. RB | 4.00% | 05/15/2046 | 3500 | 2493590 |
|  Iowa (State of) Finance Authority (Mercy Medical Center); Series 2012, RB | 4.00% | 08/15/2023 | 1200 | 1201639 |
|  Iowa (State of) Finance Authority (PHS Council Bluffs, Inc.); Series 2018, RB | 4.45% | 08/01/2028 | 125 | 115632 |
|  Iowa (State of) Tobacco Settlement Authority; Series 2021 A-2, Ref. RB | 5.00% | 06/01/2028 | 2100 | 2203769 |
|  PEFA, Inc.; Series 2019, RB<sup>(c)</sup> | 5.00% | 09/01/2026 | 3635 | 3724442 |
|  |  |  |  | 14805326 |
|  **Kansas–0.73%** |  |  |  |  |
|  Derby (City of), KS (Derby Star Bond); Series 2020, RB | 3.90% | 03/01/2037 | 1175 | 1164797 |
|  Kansas (State of) Municipal Energy Agency (Jameson Energy Center); Series 2013, RB<sup>(c)(f)</sup> | 5.00% | 07/01/2023 | 1140 | 1156215 |
|  Lenexa (City of), KS (Lakeview Village, Inc.); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 A, Ref. RB | 5.00% | 05/15/2029 | 1210 | 1216847 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 A, Ref. RB | 5.00% | 05/15/2031 | 1335 | 1334965 |
|  Manhattan (City of), KS (Meadowlark Hills); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021 A, Ref. RB | 4.00% | 06/01/2036 | 1000 | 841430 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021 A, Ref. RB | 4.00% | 06/01/2046 | 1150 | 863408 |
|  Wichita (City of), KS (Kansas Masonic Home); Series 2016 II-A, RB (Acquired 05/25/2017-05/30/2019; Cost $1,542,317)<sup>(e)</sup> | 5.25% | 12/01/2036 | 1500 | 600000 |
|  Wichita (City of), KS (Presbyterian Manors, Inc.); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 I, Ref. RB | 5.00% | 05/15/2033 | 1140 | 1064983 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019, Ref. RB | 5.00% | 05/15/2029 | 1280 | 1243563 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019, Ref. RB | 5.00% | 05/15/2034 | 2950 | 2735754 |
|  Wyandotte (County of), KS Unified Government; Series 2014 A, Ref. RB | 5.00% | 09/01/2044 | 1740 | 1780853 |
|  |  |  |  | 14002815 |
|  **Kentucky–2.12%** |  |  |  |  |
|  Ashland (City of), KY (King's Daughters Medical Center); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019, Ref. RB | 5.00% | 02/01/2030 | 370 | 398242 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019, Ref. RB | 5.00% | 02/01/2031 | 460 | 486363 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019, Ref. RB | 5.00% | 02/01/2032 | 450 | 474543 |

---

See accompanying notes which are an integral part of this schedule.

**Invesco Intermediate Term Municipal Income Fund**

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Interest<br>Rate** | **Maturity<br>Date** | **Principal<br>Amount<br>(000)** | **Value** |
|  **Kentucky–(continued)** |  |  |  |  |
|  Fayette County School District Finance Corp.; Series 2015 D, RB (CEP - Colorado Higher Education Intercept Program) | 5.00% | 08/01/2031 | $&nbsp;&nbsp;&nbsp;&nbsp;1000 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1054606 |
|  Kentucky (Commonwealth of) Economic Development Finance Authority (Catholic Health Initiatives); Series 2011 B, RB (SIFMA Municipal Swap Index + 1.40%)<sup>(c)(j)</sup> | 3.25% | 02/01/2025 | 1430 | 1432895 |
|  Kentucky (Commonwealth of) Economic Development Finance Authority (Masonic Home Independent Living II, Inc.); Series 2016 A, Ref. RB | 5.00% | 05/15/2036 | 2000 | 1788804 |
|  Kentucky (Commonwealth of) Economic Development Finance Authority (Next Generation Kentucky Information Highway); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2015 A, RB | 5.00% | 07/01/2028 | 1500 | 1530974 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2015 A, RB | 5.00% | 07/01/2030 | 3000 | 3057089 |
|  Kentucky (Commonwealth of) Economic Development Finance Authority (Owensboro Health, Inc.); Series 2017 A, Ref. RB | 5.00% | 06/01/2032 | 1435 | 1493808 |
|  Kentucky (Commonwealth of) Economic Development Finance Authority (Rosedale Green); Series 2015, Ref. RB | 5.50% | 11/15/2035 | 3100 | 2816071 |
|  Kentucky (Commonwealth of) Municipal Power Agency; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2015 A, Ref. RB (INS - NATL)<sup>(b)</sup> | 5.00% | 09/01/2026 | 1000 | 1059725 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2015 A, Ref. RB (INS - NATL)<sup>(b)</sup> | 5.00% | 09/01/2027 | 1620 | 1707949 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2015 A, Ref. RB (INS - NATL)<sup>(b)</sup> | 5.00% | 09/01/2028 | 1260 | 1330797 |
|  Kentucky (Commonwealth of) Municipal Power Agency (Prairie State); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2016, Ref. RB (INS - NATL)<sup>(b)</sup> | 5.00% | 09/01/2031 | 5000 | 5361548 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019 A, Ref. RB | 5.00% | 09/01/2031 | 1500 | 1629582 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019 A, Ref. RB | 5.00% | 09/01/2032 | 1600 | 1734712 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019 A, Ref. RB | 5.00% | 09/01/2033 | 1000 | 1080814 |
|  Kentucky (Commonwealth of) Property & Building Commission (No. 108); Series 2015 A, RB | 5.00% | 08/01/2029 | 1000 | 1050665 |
|  Kentucky (Commonwealth of) Property & Building Commission (No. 119); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018, RB (INS - BAM)<sup>(b)</sup> | 5.00% | 05/01/2031 | 100 | 109871 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018, RB (INS - BAM)<sup>(b)</sup> | 5.00% | 05/01/2032 | 100 | 109129 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018, RB (INS - BAM)<sup>(b)</sup> | 5.00% | 05/01/2033 | 100 | 109015 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018, RB (INS - BAM)<sup>(b)</sup> | 5.00% | 05/01/2034 | 100 | 108256 |
|  Kentucky (Commonwealth of) Public Energy Authority; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 B, RB<sup>(c)</sup> | 4.00% | 01/01/2025 | 2000 | 1994797 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019 C, RB<sup>(c)</sup> | 4.00% | 02/01/2028 | 5000 | 4920801 |
|  Louisville (City of) & Jefferson (County of), KY Metropolitan Government (Norton Healthcare, Inc.); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2016 A, Ref. RB | 5.00% | 10/01/2033 | 2450 | 2541090 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020 A, RB | 4.00% | 10/01/2040 | 1500 | 1446059 |
|  |  |  |  | 40828205 |
|  **Louisiana–1.61%** |  |  |  |  |
|  Louisiana (State of) Public Facilities Authority (19th Judicial District Court Building); Series 2015, Ref. RB<sup>(c)(f)</sup> | 5.00% | 06/01/2025 | 1405 | 1482499 |
|  Louisiana (State of) Public Facilities Authority (Archdiocese of New Orleans); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017, Ref. RB | 5.00% | 07/03/2028 | 250 | 225000 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017, Ref. RB | 5.00% | 07/02/2029 | 400 | 360000 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017, Ref. RB | 5.00% | 07/01/2030 | 500 | 450000 |
|  Louisiana (State of) Public Facilities Authority (Ochsner Clinic Foundation); Series 2016, Ref. RB | 5.00% | 05/15/2034 | 2545 | 2634152 |
|  New Orleans (City of), LA; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2014, Ref. RB<sup>(c)(f)</sup> | 5.00% | 06/01/2024 | 500 | 517078 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2014, Ref. RB | 5.00% | 12/01/2026 | 1250 | 1300619 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2015, RB<sup>(c)(f)</sup> | 5.00% | 06/01/2025 | 500 | 528200 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2015, RB<sup>(c)(f)</sup> | 5.00% | 06/01/2025 | 300 | 316920 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2015, RB<sup>(c)(f)</sup> | 5.00% | 06/01/2025 | 1050 | 1109220 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2015, RB<sup>(c)(f)</sup> | 5.00% | 06/01/2025 | 1000 | 1056400 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2015, RB<sup>(c)(f)</sup> | 5.00% | 06/01/2025 | 500 | 528200 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2015, RB<sup>(c)(f)</sup> | 5.00% | 12/01/2025 | 500 | 532698 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2015, RB<sup>(c)(f)</sup> | 5.00% | 12/01/2025 | 1750 | 1864443 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2015, RB<sup>(c)(f)</sup> | 5.00% | 12/01/2025 | 1000 | 1065396 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2015, RB<sup>(c)(f)</sup> | 5.00% | 12/01/2025 | 1200 | 1278475 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2015, RB<sup>(c)(f)</sup> | 5.00% | 12/01/2025 | 1165 | 1241186 |

---

See accompanying notes which are an integral part of this schedule.

**Invesco Intermediate Term Municipal Income Fund**

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Interest<br>Rate** | **Maturity<br>Date** | **Principal<br>Amount<br>(000)** | **Value** |
|  **Louisiana–(continued)** |  |  |  |  |
|  New Orleans (City of), LA Aviation Board; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2015 B, RB<sup>(a)</sup> | 5.00% | 01/01/2027 | $&nbsp;&nbsp;&nbsp;&nbsp;1750 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1799537 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2015 B, RB<sup>(a)</sup> | 5.00% | 01/01/2029 | 1805 | 1852269 |
|  New Orleans (City of), LA Aviation Board (Parking Facilities Corp. Consolidated Garage System); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 A, RB (INS - AGM)<sup>(b)</sup> | 5.00% | 10/01/2034 | 100 | 107756 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 A, RB (INS - AGM)<sup>(b)</sup> | 5.00% | 10/01/2036 | 220 | 233547 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 A, RB (INS - AGM)<sup>(b)</sup> | 5.00% | 10/01/2037 | 145 | 152909 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 A, RB (INS - AGM)<sup>(b)</sup> | 5.00% | 10/01/2038 | 100 | 105201 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 B, Ref. RB (INS - AGM)<sup>(b)</sup> | 5.00% | 10/01/2030 | 350 | 386589 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 B, Ref. RB (INS - AGM)<sup>(b)</sup> | 5.00% | 10/01/2032 | 200 | 218909 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 B, Ref. RB (INS - AGM)<sup>(b)</sup> | 5.00% | 10/01/2033 | 135 | 146903 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 B, Ref. RB (INS - AGM)<sup>(b)</sup> | 5.00% | 10/01/2034 | 100 | 108194 |
|  St. James (Parish of), LA (Nustar Logistics, L.P.); Series 2008, RB<sup>(c)(d)</sup> | 6.10% | 06/01/2030 | 2700 | 2883802 |
|  St. John the Baptist (Parish of), LA (Marathon Oil Corp.); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017, Ref. RB<sup>(c)</sup> | 2.10% | 07/01/2024 | 1000 | 967304 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017, Ref. RB<sup>(c)</sup> | 2.13% | 07/01/2024 | 2000 | 1935365 |
| &nbsp;&nbsp;&nbsp;&nbsp; Subseries 2017 A-3, Ref. RB<sup>(c)</sup> | 2.20% | 07/01/2026 | 2000 | 1838805 |
|  St. Tammany (Parish of), LA Public Trust Financing Authority (Christwood); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2015, Ref. RB | 5.00% | 11/15/2024 | 530 | 532052 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2015, Ref. RB | 5.25% | 11/15/2029 | 1250 | 1251570 |
|  |  |  |  | 31011198 |
|  **Maryland–0.73%** |  |  |  |  |
|  Baltimore (City of), MD (Convention Center Hotel); Series 2017, Ref. RB | 5.00% | 09/01/2033 | 1105 | 1082675 |
|  Baltimore (City of), MD (Water); Series 2017 A, RB | 5.00% | 07/01/2033 | 2500 | 2673199 |
|  Gaithersburg (City of), MD (Asbury Maryland Obligated Group); Series 2018 A, Ref. RB | 5.00% | 01/01/2033 | 2000 | 2017765 |
|  Howard (County of), MD (Downtown Columbia); Series 2017 A, RB<sup>(d)</sup> | 4.13% | 02/15/2034 | 1000 | 924766 |
|  Maryland (State of) Department of Transportation; Series 2012, RB | 2.25% | 10/01/2025 | 100 | 98552 |
|  Maryland (State of) Health & Higher Educational Facilities Authority (Stevenson University); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021, Ref. RB | 5.00% | 06/01/2028 | 250 | 263361 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021, Ref. RB | 5.00% | 06/01/2030 | 350 | 371862 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021, Ref. RB | 5.00% | 06/01/2032 | 400 | 423980 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021, Ref. RB | 4.00% | 06/01/2034 | 350 | 334434 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021, Ref. RB | 4.00% | 06/01/2036 | 450 | 420772 |
|  Maryland Economic Development Corp. (AFCO Cargo BWI II, LLC); Series 2017,<br>Ref. RB<sup>(a)(d)</sup> | 4.00% | 07/01/2024 | 855 | 847607 |
|  Maryland Economic Development Corp. (CNX Marine Terminal, Inc. - Port of Baltimore Facility); Series 2010, Ref. RB | 5.75% | 09/01/2025 | 1500 | 1500289 |
|  Maryland Economic Development Corp. (Port Covington); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020, RB | 3.25% | 09/01/2030 | 1000 | 893446 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020, RB | 4.00% | 09/01/2040 | 2500 | 2152285 |
|  |  |  |  | 14004993 |
|  **Massachusetts–1.84%** |  |  |  |  |
|  Massachusetts (Commonwealth of); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2005, Ref. RB (INS - NATL)<sup>(b)</sup> | 5.50% | 01/01/2034 | 3000 | 3529559 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2016 G, GO Bonds | 4.00% | 09/01/2037 | 3000 | 3048674 |
|  Massachusetts (Commonwealth of) Department of Transportation (Contract Assistance); Series 2018 A, Ref. RB | 5.00% | 01/01/2029 | 495 | 558160 |
|  Massachusetts (Commonwealth of) Development Finance Agency; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019 A, Ref. RB | 5.00% | 07/01/2031 | 1530 | 1615415 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019 A, Ref. RB | 5.00% | 07/01/2032 | 2115 | 2222430 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021 G, Ref. RB | 5.00% | 07/01/2038 | 300 | 310130 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021 G, Ref. RB | 5.00% | 07/01/2039 | 350 | 364037 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021 G, Ref. RB | 4.00% | 07/01/2046 | 1000 | 889455 |
|  Massachusetts (Commonwealth of) Development Finance Agency (Ascentria Care Alliance); Series 2021, Ref. RB<sup>(d)</sup> | 5.00% | 07/01/2041 | 2050 | 1784800 |
|  Massachusetts (Commonwealth of) Development Finance Agency (Emerson College); Series 2017 A, Ref. RB | 5.00% | 01/01/2026 | 1600 | 1668707 |
|  Massachusetts (Commonwealth of) Development Finance Agency (Newbridge Charles, Inc.); Series 2017, Ref. RB<sup>(d)</sup> | 5.00% | 10/01/2037 | 1500 | 1548576 |

---

See accompanying notes which are an integral part of this schedule.

**Invesco Intermediate Term Municipal Income Fund**

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Interest<br>Rate** | **Maturity<br>Date** | **Principal<br>Amount<br>(000)** | **Value** |
|  **Massachusetts–(continued)** |  |  |  |  |
|  Massachusetts (Commonwealth of) Development Finance Agency (Seven Hills Foundation); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021, Ref. RB | 4.00% | 09/01/2041 | $&nbsp;&nbsp;&nbsp;&nbsp;1300 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1124352 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021, Ref. RB | 4.00% | 09/01/2048 | 1380 | 1127775 |
|  Massachusetts (Commonwealth of) Development Finance Agency (SpringField College); Series 2021 B, Ref. RB | 4.00% | 06/01/2035 | 2000 | 1925467 |
|  Massachusetts (Commonwealth of) Development Finance Agency (Suffolk University); Series 2017, Ref. RB | 5.00% | 07/01/2034 | 1000 | 1036408 |
|  Massachusetts (Commonwealth of) School Building Authority; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 B, RB | 4.00% | 02/15/2039 | 10735 | 10749190 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 B, RB | 4.00% | 02/15/2041 | 1685 | 1685457 |
|  Massachusetts (Commonwealth of) Water Resources Authority; Series 2007 B, Ref. RB (INS - AGM)<sup>(b)</sup> | 5.25% | 08/01/2025 | 300 | 320522 |
|  |  |  |  | 35509114 |
|  **Michigan–2.48%** |  |  |  |  |
|  Charyl Stockwell Academy; Series 2015, Ref. RB | 4.88% | 10/01/2023 | 85 | 84426 |
|  Detroit (City of), MI Downtown Development Authority (Catalyst Development); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 A, Ref. RB (INS - AGM)<sup>(b)</sup> | 5.00% | 07/01/2030 | 700 | 720220 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 A, Ref. RB (INS - AGM)<sup>(b)</sup> | 5.00% | 07/01/2032 | 2000 | 2053406 |
|  Great Lakes Water Authority; Series 2018 B, Ref. RB | 5.00% | 07/01/2029 | 3000 | 3335734 |
|  Kalamazoo Economic Development Corp. (Heritage Community of Kalamazoo); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019, Ref. RB | 5.00% | 05/15/2032 | 870 | 817459 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019, Ref. RB | 5.00% | 05/15/2042 | 2010 | 1749767 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020, RB | 2.88% | 05/15/2026 | 1520 | 1423747 |
|  Kentwood Economic Development Corp. (Holland Home Obligated Group); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019, Ref. RB | 5.00% | 11/15/2032 | 2100 | 2118350 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022, Ref. RB | 4.00% | 11/15/2031 | 1000 | 928511 |
|  Michigan (State of) Building Authority (Facilities Program); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2015 I, Ref. RB<sup>(c)(f)</sup> | 5.00% | 10/15/2025 | 615 | 654499 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2015 I, Ref. RB | 5.00% | 04/15/2031 | 4385 | 4634396 |
|  Michigan (State of) Finance Authority; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2015, Ref. RB | 5.00% | 11/15/2032 | 245 | 252495 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020 B-1, Ref. RB | 5.00% | 06/01/2049 | 810 | 808936 |
|  Michigan (State of) Finance Authority (Detroit Water & Sewerage Department); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2014 C-7, Ref. RB (INS - NATL)<sup>(b)</sup> | 5.00% | 07/01/2026 | 1000 | 1034840 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2014 C-7, Ref. RB (INS - NATL)<sup>(b)</sup> | 5.00% | 07/01/2027 | 1000 | 1034997 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2014 D-4, Ref. RB | 5.00% | 07/01/2029 | 5000 | 5149893 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2015 D-1, Ref. RB | 5.00% | 07/01/2029 | 750 | 781216 |
|  Michigan (State of) Finance Authority (Henry Ford Health System); Series 2016,<br>Ref. RB | 5.00% | 11/15/2028 | 2000 | 2119851 |
|  Michigan (State of) Finance Authority (Local Government Loan Program); Series 2014 F, Ref. RB | 4.50% | 10/01/2029 | 5590 | 5599481 |
|  Michigan (State of) Finance Authority (Trinity Health Credit Group); Series 2017 A,<br>Ref. RB | 5.00% | 12/01/2034 | 2000 | 2126603 |
|  Michigan (State of) Finance Authority (Wayne (County of) Criminal Justice Center); Series 2018, RB | 5.00% | 11/01/2029 | 1500 | 1669116 |
|  Michigan (State of) Strategic Fund (Canterbury Health Care, Inc.); Series 2016, RB<sup>(d)</sup> | 5.00% | 07/01/2031 | 1530 | 1221100 |
|  Michigan (State of) Strategic Fund (Green Bonds); Series 2021, RB<sup>(a)(c)</sup> | 4.00% | 10/01/2026 | 1230 | 1189612 |
|  Michigan (State of) Strategic Fund (Holland Home Obligated Group); Series 2019,<br>Ref. RB | 5.00% | 11/15/2034 | 1810 | 1817335 |
|  Romulus (City of), MI Tax Increment Finance Authority; Series 2016, Ref. RB<br>(INS - BAM)<sup>(b)</sup> | 5.00% | 11/01/2026 | 1805 | 1921633 |
|  Wayne (County of), MI Airport Authority (Detroit Metropolitan Airport); Series 2012 D, Ref. RB<sup>(a)</sup> | 5.00% | 12/01/2028 | 2500 | 2502622 |
|  |  |  |  | 47750245 |
|  **Minnesota–0.41%** |  |  |  |  |
|  Dakota (County of), MN Community Development Agency (Sanctuary at West St. Paul); Series 2015, RB (Acquired 08/06/2015; Cost $335,259)<sup>(e)</sup> | 5.75% | 08/01/2030 | 335 | 270247 |
|  Duluth (City of), MN Housing & Redevelopment Authority (Duluth Public Schools Academy); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 A, Ref. RB | 4.25% | 11/01/2028 | 320 | 306882 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 A, Ref. RB | 5.00% | 11/01/2033 | 205 | 198458 |
|  Maple Grove (City of), MN (Maple Grove Hospital Corp.); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017, Ref. RB | 5.00% | 05/01/2031 | 500 | 522089 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017, Ref. RB | 5.00% | 05/01/2032 | 1600 | 1661336 |
|  Minnesota (State of) Higher Education Facilities Authority (Bethel University); Series 2017, Ref. RB | 5.00% | 05/01/2032 | 1750 | 1758174 |
|  St. Louis Park (City of), MN (Place Via Sol Project); Series 2018, RB (Acquired 12/26/2018; Cost $1,250,000)<sup>(c)(d)(e)(h)</sup> | 6.00% | 07/01/2027 | 1250 | 1125000 |

---

See accompanying notes which are an integral part of this schedule.

**Invesco Intermediate Term Municipal Income Fund**

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Interest<br>Rate** | **Maturity<br>Date** | **Principal<br>Amount<br>(000)** | **Value** |
|  **Minnesota–(continued)** |  |  |  |  |
|  St. Paul (City of), MN Housing & Redevelopment Authority (High School for Recording Arts); Series 2015, RB | 5.13% | 10/01/2023 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;69835 |
|  Woodbury (City of), MN Housing & Redevelopment Authority (St. Therese of Woodbury); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2014, RB | 4.00% | 12/01/2022 | 490 | 490000 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2014, RB | 4.00% | 12/01/2023 | 300 | 295946 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2014, RB | 4.00% | 12/01/2024 | 175 | 170291 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2014, RB | 5.00% | 12/01/2029 | 1000 | 956734 |
|  |  |  |  | 7824992 |
|  **Mississippi–0.30%** |  |  |  |  |
|  Mississippi (State of) Hospital Equipment & Facilities Authority (Forrest Co. General Hospital); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019 B, Ref. RB | 5.00% | 01/01/2029 | 1000 | 1075283 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019 B, Ref. RB | 5.00% | 01/01/2030 | 1000 | 1078850 |
|  Mississippi (State of) Hospital Equipment & Facilities Authority (North Mississippi Health Services); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020, Ref. RB | 5.00% | 10/01/2033 | 650 | 693556 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020, Ref. RB | 5.00% | 10/01/2034 | 725 | 766755 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020, Ref. RB | 5.00% | 10/01/2035 | 600 | 629856 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020, Ref. RB | 5.00% | 10/01/2036 | 650 | 678555 |
|  Mississippi Business Finance Corp. (System Energy Resources, Inc.); Series 2021, RB | 2.38% | 06/01/2044 | 1390 | 922489 |
|  |  |  |  | 5845344 |
|  **Missouri–1.12%** |  |  |  |  |
|  Arnold Retail Corridor Transportation Development District; Series 2019, Ref. RB | 3.00% | 11/01/2028 | 30 | 27323 |
|  Cape Girardeau (County of), MO Industrial Development Authority (South Eastern Health); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017 A, Ref. RB | 5.00% | 03/01/2036 | 3000 | 3062997 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017, Ref. RB | 5.00% | 03/01/2029 | 100 | 103779 |
|  Kansas City (City of), MO; Series 2017 C, Ref. RB | 5.00% | 09/01/2032 | 1850 | 2002693 |
|  Kansas City (City of), MO Industrial Development Authority (Downtown Redevelopment District); Series 2011 A, Ref. RB | 5.50% | 09/01/2028 | 2000 | 2005272 |
|  Kansas City (City of), MO Industrial Development Authority (Kansas City International Airport); Series 2019 B, RB<sup>(a)</sup> | 5.00% | 03/01/2035 | 1000 | 1050644 |
|  Kansas City (City of), MO Industrial Development Authority (Ward Parkway Center Community Improvement District); Series 2016 A, Ref. RB<sup>(d)</sup> | 4.25% | 04/01/2026 | 15 | 14466 |
|  Kirkwood (City of), MO Industrial Development Authority (Aberdeen Heights); Series 2017, Ref. RB | 5.25% | 05/15/2032 | 2685 | 2511791 |
|  Missouri (State of) Health & Educational Facilities Authority (Lutheran Senior Services); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2016 B, Ref. RB | 5.00% | 02/01/2032 | 1000 | 1002831 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2016, Ref. RB | 5.00% | 02/01/2033 | 1305 | 1304911 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019 A, RB | 5.00% | 02/01/2029 | 1100 | 1117208 |
|  Missouri (State of) Joint Municipal Electric Utility Commission (Iatan 2); Series 2014 A, Ref. RB | 5.00% | 01/01/2029 | 2000 | 2039155 |
|  Missouri (State of) Joint Municipal Electric Utility Commission (Prairie State); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2015 A, Ref. RB | 5.00% | 06/01/2027 | 1500 | 1565006 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2015 A, Ref. RB | 5.00% | 12/01/2027 | 640 | 666954 |
|  St. Charles (County of), MO Industrial Development Authority (Suemandy/Mid-Rivers Community Improvement District); Series 2016, RB<sup>(d)</sup> | 4.00% | 10/01/2028 | 250 | 227873 |
|  St. Louis (County of), MO Industrial Development Authority (Friendship Village of Sunset Hills); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2012, RB | 4.50% | 09/01/2023 | 340 | 339435 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2012, RB | 5.00% | 09/01/2032 | 1490 | 1427733 |
|  St. Louis Municipal Finance Corp.; Series 2015, Ref. RB (INS - AGM)<sup>(b)</sup> | 5.00% | 07/15/2030 | 1000 | 1033552 |
|  |  |  |  | 21503623 |
|  **Nebraska–0.27%** |  |  |  |  |
|  Public Power Generation Agency (Whelan Energy Center Unit 2); Series 2016 A,<br>Ref. RB | 5.00% | 01/01/2034 | 5000 | 5262030 |
|  **Nevada–0.27%** |  |  |  |  |
|  Clark (County of), NV (Special Improvement District No. 159); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2015, RB | 5.00% | 08/01/2026 | 130 | 132358 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2015, RB | 5.00% | 08/01/2029 | 1190 | 1202791 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2015, RB | 5.00% | 08/01/2031 | 1315 | 1325371 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2015, RB | 5.00% | 08/01/2032 | 320 | 322837 |
|  Las Vegas (City of), NV Special Improvement District No. 607; Series 2013, Ref. RB | 5.00% | 06/01/2024 | 20 | 20306 |

---

See accompanying notes which are an integral part of this schedule.

**Invesco Intermediate Term Municipal Income Fund**

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Interest<br>Rate** | **Maturity<br>Date** | **Principal<br>Amount<br>(000)** | **Value** |
|  **Nevada–(continued)** |  |  |  |  |
|  Las Vegas (City of), NV Special Improvement District No. 815; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020, RB | 3.25% | 12/01/2025 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;235 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;227125 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020, RB | 4.00% | 12/01/2030 | 240 | 228332 |
|  Sparks (City of), NV (Tourism Improvement District No. 1); Series 2019 A, Ref. RB<sup>(d)</sup> | 2.75% | 06/15/2028 | 2000 | 1773888 |
|  |  |  |  | 5233008 |
|  **New Hampshire–0.43%** |  |  |  |  |
|  New Hampshire (State of) Business Finance Authority; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020-1A, RB | 4.13% | 01/20/2034 | 3357 | 3238668 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022-2A, RB | 4.00% | 10/20/2036 | 1996 | 1840658 |
|  New Hampshire (State of) Business Finance Authority (Covanta Green Bonds);<br>Series 2020 B, Ref. RB<sup>(a)(c)(d)</sup> | 3.75% | 07/02/2040 | 605 | 490766 |
|  New Hampshire (State of) Business Finance Authority (Covanta); Series 2020 A,<br>Ref. RB<sup>(c)(d)</sup> | 3.63% | 07/02/2040 | 370 | 294941 |
|  New Hampshire (State of) Business Finance Authority (New York State Electric & Gas Corp.); Series 2022 A, Ref. RB<sup>(a)</sup> | 4.00% | 12/01/2028 | 2300 | 2333304 |
|  |  |  |  | 8198337 |
|  **New Jersey–6.29%** |  |  |  |  |
|  Atlantic City (City of), NJ; Series 2017 A, Ref. GO Bonds (INS - BAM)<sup>(b)</sup> | 5.00% | 03/01/2032 | 250 | 267771 |
|  Casino Reinvestment Development Authority, Inc.; Series 2014, Ref. RB (INS - AGM)<sup>(b)</sup> | 5.00% | 11/01/2027 | 1000 | 1035182 |
|  Garden State Preservation Trust; Series 2005 A, RB (INS - AGM)<sup>(b)</sup> | 5.75% | 11/01/2028 | 2000 | 2197992 |
|  Gloucester (County of), NJ Industrial Pollution Control Financing Authority (Logan); Series 2014 A, Ref. PCR<sup>(a)(f)</sup> | 5.00% | 12/01/2024 | 1670 | 1696505 |
|  New Jersey (State of); Series 2020 A, GO Bonds | 4.00% | 06/01/2032 | 3000 | 3176011 |
|  New Jersey (State of) Economic Development Authority; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2013 NN, Ref. RB | 5.00% | 03/01/2026 | 305 | 306392 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2015 XX, Ref. RB | 5.00% | 06/15/2025 | 2000 | 2096361 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017 A, Ref. RB (INS - BAM)<sup>(b)</sup> | 5.00% | 07/01/2028 | 5035 | 5364789 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017 DDD, RB<sup>(c)(f)</sup> | 5.00% | 06/15/2027 | 3670 | 4034996 |
|  New Jersey (State of) Economic Development Authority (American Water Co., Inc.); Series 2019, Ref. RB<sup>(a)(c)</sup> | 2.20% | 12/03/2029 | 2500 | 2202209 |
|  New Jersey (State of) Economic Development Authority (Continental Airlines, Inc.); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 1999, RB<sup>(a)</sup> | 5.13% | 09/15/2023 | 1770 | 1774526 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2012, RB<sup>(a)</sup> | 5.75% | 09/15/2027 | 13725 | 13728321 |
|  New Jersey (State of) Economic Development Authority (Leap Academy University Charter School, Inc.); Series 2014 A, RB<sup>(d)</sup> | 6.20% | 10/01/2044 | 200 | 201144 |
|  New Jersey (State of) Economic Development Authority (Newark Downtown District Management Corp.); Series 2019, Ref. RB | 5.13% | 06/15/2037 | 107 | 114528 |
|  New Jersey (State of) Economic Development Authority (Paterson Charter School for Science and Technology, Inc.); Series 2012 C, RB | 5.00% | 07/01/2032 | 475 | 471060 |
|  New Jersey (State of) Economic Development Authority (Port Newark Container Terminal LLC); Series 2017, Ref. RB<sup>(a)</sup> | 5.00% | 10/01/2047 | 1000 | 983171 |
|  New Jersey (State of) Economic Development Authority (Provident Group - Rowan Properties LLC - Rowan University Student Housing); Series 2015 A, RB | 5.00% | 01/01/2030 | 250 | 241649 |
|  New Jersey (State of) Economic Development Authority (Social Bonds); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021 QQQ, RB | 4.00% | 06/15/2039 | 1000 | 951541 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021, RB | 4.00% | 06/15/2038 | 1000 | 966207 |
|  New Jersey (State of) Economic Development Authority (The Goethals Bridge Replacement); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2013, RB<sup>(a)</sup> | 5.50% | 01/01/2026 | 1390 | 1404714 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2013, RB<sup>(a)</sup> | 5.50% | 01/01/2027 | 2130 | 2151245 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2013, RB<sup>(a)</sup> | 5.00% | 01/01/2028 | 1000 | 1003996 |
|  New Jersey (State of) Educational Facilities Authority (Higher Education Facilities Trust Fund); Series 2014, RB | 5.00% | 06/15/2026 | 1000 | 1028124 |
|  New Jersey (State of) Educational Facilities Authority (Rider University); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017 F, RB | 5.00% | 07/01/2032 | 395 | 385880 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017 F, RB | 5.00% | 07/01/2033 | 415 | 401734 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017 F, RB | 5.00% | 07/01/2035 | 1000 | 951494 |
|  New Jersey (State of) Health Care Facilities Financing Authority (Princeton HealthCare System); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2016, Ref. RB | 5.00% | 07/01/2030 | 1200 | 1283096 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2016, Ref. RB | 5.00% | 07/01/2031 | 1000 | 1067138 |

---

See accompanying notes which are an integral part of this schedule.

**Invesco Intermediate Term Municipal Income Fund**

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Interest<br>Rate** | **Maturity<br>Date** | **Principal<br>Amount<br>(000)** | **Value** |
|  **New Jersey–(continued)** |  |  |  |  |
|  New Jersey (State of) Higher Education Student Assistance Authority; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2013 1B, RB<sup>(a)</sup> | 4.75% | 12/01/2043 | $&nbsp;&nbsp;&nbsp;&nbsp;5000 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5000912 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 B, Ref. RB<sup>(a)</sup> | 5.00% | 12/01/2025 | 2250 | 2353501 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021 B, RB<sup>(a)</sup> | 2.50% | 12/01/2040 | 2000 | 1628982 |
|  New Jersey (State of) Transportation Trust Fund Authority; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2008 A, RB<sup>(g)</sup> | 0.00% | 12/15/2028 | 255 | 199962 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2009 C, RB | 5.25% | 06/15/2032 | 250 | 258388 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2010 D, RB | 5.25% | 12/15/2023 | 1500 | 1535724 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2013 AA, RB | 5.25% | 06/15/2030 | 710 | 716997 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2013 AA, RB (INS - BAM)<sup>(b)</sup> | 5.25% | 06/15/2033 | 2000 | 2018689 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2015 AA, RB | 5.00% | 06/15/2023 | 2000 | 2024261 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 A, Ref. RB | 5.00% | 12/15/2028 | 5000 | 5482096 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 A, Ref. RB | 5.00% | 12/15/2032 | 5000 | 5391382 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 A, Ref. RN | 5.00% | 06/15/2023 | 2500 | 2529389 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 A, RN<sup>(i)(k)</sup> | 5.00% | 06/15/2029 | 4500 | 4743221 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 A, RN<sup>(i)(k)</sup> | 5.00% | 06/15/2030 | 2000 | 2105960 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019, Ref. RB | 5.00% | 12/15/2024 | 2500 | 2598042 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020 AA, RB | 4.00% | 06/15/2037 | 2000 | 1945600 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021 A, Ref. RB | 4.00% | 06/15/2034 | 1485 | 1488790 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021 A, Ref. RB | 4.00% | 06/15/2035 | 10245 | 10141608 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021 A, Ref. RB | 4.00% | 06/15/2036 | 2000 | 1961895 |
|  Salem (County of), NJ Pollution Control Financing Authority (Chambers); Series 2014 A, PCR<sup>(a)(f)</sup> | 5.00% | 12/01/2023 | 1895 | 1917088 |
|  South Jersey Transportation Authority; Series 2014 A, Ref. RB | 5.00% | 11/01/2028 | 500 | 514998 |
|  Tobacco Settlement Financing Corp.; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 A, Ref. RB | 5.00% | 06/01/2031 | 2500 | 2604833 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 A, Ref. RB | 5.00% | 06/01/2032 | 4965 | 5163433 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 A, Ref. RB | 5.00% | 06/01/2033 | 5000 | 5183900 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 B, Ref. RB | 3.20% | 06/01/2027 | 10 | 9965 |
|  |  |  |  | 121007392 |
|  **New Mexico–0.06%** |  |  |  |  |
|  Santa Fe (City of), NM (El Castillo Retirement); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019 A, RB | 5.00% | 05/15/2034 | 725 | 675208 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019 A, RB | 5.00% | 05/15/2039 | 500 | 446714 |
|  |  |  |  | 1121922 |
|  **New York–11.44%** |  |  |  |  |
|  Buffalo & Erie County Industrial Land Development Corp. (Medaille College);<br>Series 2018, Ref. RB<sup>(d)</sup> | 5.00% | 10/01/2038 | 500 | 465260 |
|  Build NYC Resource Corp. (Brooklyn Navy Yard); Series 2019, Ref. RB<sup>(a)(d)</sup> | 5.25% | 12/31/2033 | 1500 | 1388055 |
|  Build NYC Resource Corp. (Pratt Paper, Inc.); Series 2014, Ref. RB<sup>(a)(d)</sup> | 4.50% | 01/01/2025 | 530 | 534968 |
|  Build NYC Resource Corp. (Shefa School); Series 2021 A, RB<sup>(d)</sup> | 2.50% | 06/15/2031 | 375 | 315876 |
|  Long Island (City of), NY Power Authority; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2014 A, Ref. RB | 5.00% | 09/01/2034 | 4000 | 4119956 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018, RB | 5.00% | 09/01/2029 | 1000 | 1106023 |
|  Metropolitan Transportation Authority; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2015 A-2, RB<sup>(c)</sup> | 5.00% | 05/15/2030 | 3000 | 3175848 |
| &nbsp;&nbsp;&nbsp;&nbsp; Subseries 2015 C-1, Ref. RB | 5.00% | 11/15/2031 | 1875 | 1909746 |
| &nbsp;&nbsp;&nbsp;&nbsp; Subseries 2015 C-1, Ref. RB | 5.25% | 11/15/2031 | 2500 | 2577734 |
|  Metropolitan Transportation Authority (Green Bonds); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2016 A-2, Ref. RB | 5.00% | 11/15/2024 | 1360 | 1399490 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017 C-2, Ref. RB<sup>(g)</sup> | 0.00% | 11/15/2029 | 1000 | 760793 |
|  Monroe County Industrial Development Corp. (St. Ann's Community); Series 2019,<br>Ref. RB | 4.00% | 01/01/2030 | 1765 | 1559029 |
|  Monroe County Industrial Development Corp. (University of Rochester); Series 2017 D, Ref. RB | 4.00% | 07/01/2036 | 1000 | 1002917 |
|  Nassau County Tobacco Settlement Corp.; Series 2006 A-2, RB | 5.25% | 06/01/2026 | 452 | 442630 |
|  New Rochelle (City of), NY (Iona College); Series 2015 A, Ref. RB | 5.00% | 07/01/2035 | 350 | 359556 |

---

See accompanying notes which are an integral part of this schedule.

**Invesco Intermediate Term Municipal Income Fund**

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Interest<br>Rate** | **Maturity<br>Date** | **Principal<br>Amount<br>(000)** | **Value** |
|  **New York–(continued)** |  |  |  |  |
|  New York & New Jersey (States of) Port Authority; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2014, RB<sup>(a)</sup> | 4.00% | 09/01/2034 | $10000 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10026801 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020, RB<sup>(a)</sup> | 5.00% | 07/15/2031 | 4525 | 4896941 |
| &nbsp;&nbsp;&nbsp;&nbsp; Two Hundred Second Series 2017, Ref. RB<sup>(a)</sup> | 5.00% | 10/15/2035 | 3000 | 3115666 |
| &nbsp;&nbsp;&nbsp;&nbsp; Two Hundred Seventh Series 2018, Ref. RB<sup>(a)(i)(k)</sup> | 5.00% | 09/15/2028 | 9000 | 9585557 |
| &nbsp;&nbsp;&nbsp;&nbsp; Two Hundred Thirty Third Series 2021, Ref. RB<sup>(a)</sup> | 4.00% | 07/15/2036 | 1625 | 1606433 |
|  New York (City of), NY; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2015 C, Ref. GO Bonds | 5.00% | 08/01/2029 | 1000 | 1041505 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020 C, GO Bonds | 4.00% | 08/01/2039 | 5000 | 4993303 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020 C, GO Bonds | 4.00% | 08/01/2040 | 5000 | 4960219 |
|  New York (City of), NY Transitional Finance Authority; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 S-2A, Ref. RB | 5.00% | 07/15/2034 | 5000 | 5426339 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021 B-1, RB | 4.00% | 08/01/2036 | 8000 | 8109566 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021 E-1, RB | 4.00% | 02/01/2038 | 5390 | 5393369 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021, Ref. RB | 4.00% | 11/01/2036 | 2825 | 2860075 |
|  New York (State of) Dormitory Authority; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2015 B, RB | 5.00% | 02/15/2032 | 2055 | 2146191 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019 A, RB | 5.00% | 10/01/2033 | 2115 | 2286688 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019 A, Ref. RB | 5.00% | 03/15/2037 | 3000 | 3267220 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020 A, Ref. RB | 4.00% | 03/15/2036 | 5000 | 5072602 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022 A, Ref. RB | 4.00% | 03/15/2040 | 10620 | 10527545 |
|  New York (State of) Dormitory Authority (Master Boces Program); Series 2020, RB | 4.00% | 08/15/2041 | 2000 | 1945250 |
|  New York (State of) Dormitory Authority (Montefiore Obligated Group); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 A, Ref. RB | 5.00% | 08/01/2028 | 2300 | 2363412 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 A, Ref. RB | 5.00% | 08/01/2031 | 3195 | 3254530 |
|  New York (State of) Dormitory Authority (Orange Regional Medical Center); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2015, Ref. RB<sup>(d)</sup> | 5.00% | 12/01/2024 | 300 | 305251 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017, Ref. RB<sup>(d)</sup> | 5.00% | 12/01/2033 | 2000 | 2018826 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017, Ref. RB<sup>(d)</sup> | 5.00% | 12/01/2034 | 1000 | 1005017 |
|  New York (State of) Dormitory Authority (Ozanam Hall of Queens Nursing Home, Inc.); Series 2006, RB (LOC - Allied Irish Banks PLC)<sup>(l)</sup> | 5.00% | 11/01/2026 | 30 | 30529 |
|  New York (State of) Thruway Authority; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 L, Ref. RB | 5.00% | 01/01/2030 | 500 | 548951 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 L, Ref. RB | 5.00% | 01/01/2031 | 1000 | 1096285 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019 B, RB | 4.00% | 01/01/2037 | 1490 | 1485966 |
|  New York (State of) Thruway Authority (Bidding Group 3); Series 2022, Ref. RB | 4.00% | 03/15/2043 | 10000 | 9697794 |
|  New York City Housing Development Corp. (Sustainable Development); Series 2022 A, RB | 2.70% | 08/01/2037 | 2150 | 1719174 |
|  New York Counties Tobacco Trust IV; Series 2005 A, RB | 5.00% | 06/01/2042 | 4520 | 4277593 |
|  New York Counties Tobacco Trust VI; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2016 B, Ref. RB | 5.00% | 06/01/2027 | 280 | 289015 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2016 B, Ref. RB | 5.00% | 06/01/2030 | 270 | 277802 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2016 B, Ref. RB | 5.00% | 06/01/2031 | 465 | 477523 |
|  New York Liberty Development Corp. (Goldman Sachs Headquarters); Series 2007, RB | 5.50% | 10/01/2037 | 2660 | 2978351 |
|  New York Liberty Development Corp. (Green Bonds); Series 2021 A, Ref. RB<br>(INS - AGM)<sup>(b)</sup> | 2.75% | 11/15/2041 | 9000 | 6970874 |
|  New York Transportation Development Corp. (American Airlines, Inc. John F. Kennedy International Airport); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020, Ref. RB<sup>(a)</sup> | 5.25% | 08/01/2031 | 1615 | 1653631 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020, Ref. RB<sup>(a)</sup> | 5.38% | 08/01/2036 | 1000 | 1012761 |
|  New York Transportation Development Corp. (American Airlines, Inc.); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2016, Ref. RB<sup>(a)</sup> | 5.00% | 08/01/2026 | 1500 | 1500101 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2016, Ref. RB<sup>(a)</sup> | 5.00% | 08/01/2031 | 25500 | 25500283 |
|  New York Transportation Development Corp. (Delta Air Lines, Inc. LaGuardia Airport Terminals C&D Redevelopment); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018, RB<sup>(a)</sup> | 5.00% | 01/01/2026 | 10000 | 10134299 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018, RB<sup>(a)</sup> | 5.00% | 01/01/2034 | 3090 | 3117959 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018, RB<sup>(a)</sup> | 5.00% | 01/01/2036 | 960 | 964826 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020, RB<sup>(a)</sup> | 4.00% | 10/01/2030 | 3000 | 2923029 |
|  New York Transportation Development Corp. (LaGuardia Airport Terminal B Redevelopment); Series 2016 A, RB (INS - AGM)<sup>(a)(b)</sup> | 4.00% | 07/01/2041 | 1000 | 913556 |

---

See accompanying notes which are an integral part of this schedule.

**Invesco Intermediate Term Municipal Income Fund**

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Interest<br>Rate** | **Maturity<br>Date** | **Principal<br>Amount<br>(000)** | **Value** |
|  **New York–(continued)** |  |  |  |  |
|  New York Transportation Development Corp. (Terminal 4 JFK International Airport); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020 A, Ref. RB<sup>(a)</sup> | 5.00% | 12/01/2030 | $&nbsp;&nbsp;&nbsp;&nbsp;1000 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1044786 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020 A, Ref. RB<sup>(a)</sup> | 5.00% | 12/01/2032 | 1250 | 1293721 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020, Ref. RB | 5.00% | 12/01/2029 | 1000 | 1060408 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020, Ref. RB | 5.00% | 12/01/2030 | 1000 | 1064248 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020, Ref. RB | 5.00% | 12/01/2033 | 1600 | 1685635 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022, RB<sup>(a)</sup> | 5.00% | 12/01/2026 | 1000 | 1037577 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022, RB<sup>(a)</sup> | 5.00% | 12/01/2028 | 2145 | 2236492 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022, RB<sup>(a)</sup> | 5.00% | 12/01/2029 | 3000 | 3121762 |
|  Oneida County Local Development Corp. (Mohawk Valley Health System);<br>Series 2019, Ref. RB (INS - AGM)<sup>(b)</sup> | 5.00% | 12/01/2031 | 1000 | 1103744 |
|  Otsego County Capital Resource Corp. (Hartwick College); Series 2015 A, Ref. RB | 5.00% | 10/01/2030 | 500 | 471763 |
|  Rockland Tobacco Asset Securitization Corp.; Series 2001, RB | 5.63% | 08/15/2035 | 1355 | 1377379 |
|  Triborough Bridge & Tunnel Authority; Series 2013 A, Ref. RB | 5.00% | 11/15/2026 | 75 | 75825 |
|  TSASC, Inc.; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017 A, Ref. RB | 5.00% | 06/01/2032 | 2000 | 2065136 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017 A, Ref. RB | 5.00% | 06/01/2033 | 1500 | 1544846 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017 A, Ref. RB | 5.00% | 06/01/2034 | 1000 | 1026706 |
|  Westchester County Local Development Corp.; Series 2014 A, RB | 5.00% | 05/01/2034 | 5000 | 5022758 |
|  |  |  |  | 220129275 |
|  **North Carolina–1.52%** |  |  |  |  |
|  Charlotte (City of), NC (Charlotte Douglas International Airport); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017 A, RB | 5.00% | 07/01/2034 | 750 | 804799 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017 A, RB | 5.00% | 07/01/2035 | 1000 | 1067020 |
|  Columbus (County of), NC Industrial Facilities & Pollution Control Financing Authority (International Paper Co.); Series 2019, Ref. RB<sup>(c)</sup> | 2.00% | 10/01/2024 | 1500 | 1442655 |
|  New Hanover (County of), NC (New Hanover Regional Medical Center); Series 2017, Ref. RB<sup>(c)(f)</sup> | 5.00% | 10/01/2027 | 1000 | 1105356 |
|  North Carolina (State of) (Garvee); Series 2019, RB | 5.00% | 03/01/2033 | 3240 | 3615815 |
|  North Carolina (State of) Department of Transportation (I-77 HOT Lanes); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2015, RB<sup>(a)</sup> | 5.00% | 06/30/2026 | 1700 | 1738630 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2015, RB<sup>(a)</sup> | 5.00% | 06/30/2027 | 1215 | 1241794 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2015, RB<sup>(a)</sup> | 5.00% | 06/30/2029 | 1340 | 1368316 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2015, RB<sup>(a)</sup> | 5.00% | 06/30/2030 | 1405 | 1433959 |
|  North Carolina (State of) Medical Care Commission; Series 2020 A, RB | 5.00% | 07/01/2033 | 1250 | 1358022 |
|  North Carolina (State of) Medical Care Commission (Forest at Duke (The)); Series 2021, RB | 4.00% | 09/01/2041 | 2255 | 1952773 |
|  North Carolina (State of) Medical Care Commission (Lutheran Services for the Aging); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021, RB | 4.00% | 03/01/2029 | 275 | 257711 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021, RB | 4.00% | 03/01/2030 | 285 | 262763 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021, RB | 4.00% | 03/01/2031 | 290 | 263064 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021, RB | 4.00% | 03/01/2036 | 900 | 755285 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021, RB | 4.00% | 03/01/2041 | 1050 | 829816 |
|  North Carolina (State of) Medical Care Commission (Pennybyrn at Maryfield); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020, RB | 2.50% | 10/01/2024 | 740 | 715759 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020, RB | 2.88% | 10/01/2026 | 650 | 611442 |
|  North Carolina (State of) Municipal Power Agency No. 1 (Catawba); Series 2015 A,<br>Ref. RB | 5.00% | 01/01/2028 | 5000 | 5303660 |
|  North Carolina (State of) Turnpike Authority; Series 2017, Ref. RB (INS - AGM)<sup>(b)</sup> | 5.00% | 01/01/2031 | 1250 | 1332682 |
|  Raleigh & Durham (Cities of), NC Airport Authority; Series 2020 A, Ref. RB<sup>(a)</sup> | 5.00% | 05/01/2031 | 1750 | 1906945 |
|  |  |  |  | 29368266 |
|  **North Dakota–0.17%** |  |  |  |  |
|  Burleigh (County of), ND (University of Mary); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2016, RB | 4.38% | 04/15/2026 | 475 | 466594 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2016, RB | 5.10% | 04/15/2036 | 2815 | 2727320 |
|  |  |  |  | 3193914 |
|  **Ohio–2.54%** |  |  |  |  |
|  American Municipal Power, Inc. (Combined Hydroelectric); Series 2016 A, Ref. RB | 4.00% | 02/15/2035 | 3000 | 3005666 |
|  Buckeye Tobacco Settlement Financing Authority; Series 2020 A-2, Ref. RB | 4.00% | 06/01/2038 | 8310 | 7833525 |
|  Centerville (City of), OH (Graceworks Lutheran Services); Series 2017, Ref. RB | 5.25% | 11/01/2037 | 1195 | 1135640 |

---

See accompanying notes which are an integral part of this schedule.

**Invesco Intermediate Term Municipal Income Fund**

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Interest<br>Rate** | **Maturity<br>Date** | **Principal<br>Amount<br>(000)** | **Value** |
|  **Ohio–(continued)** |  |  |  |  |
|  Cleveland (City of) & Cuyahoga (County of), OH Port Authority (Constellation Schools); Series 2014 A, Ref. RB<sup>(d)</sup> | 5.75% | 01/01/2024 | $&nbsp;&nbsp;&nbsp;&nbsp;180 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;180165 |
|  Cleveland (City of) & Cuyahoga (County of), OH Port Authority (Euclid Avenue Development Corp.); Series 2014, Ref. RB | 5.00% | 08/01/2027 | 1000 | 1031868 |
|  Cleveland (City of) & Cuyahoga (County of), OH Port Authority (Playhouse Square Foundation); Series 2018, Ref. RB | 5.00% | 12/01/2033 | 2460 | 2486650 |
|  Columbus (City of) & Franklin (County of), OH Finance Authority (Easton);<br>Series 2020, RB<sup>(d)</sup> | 5.00% | 06/01/2028 | 4295 | 4275529 |
|  Cuyahoga (County of), OH (MetroHealth System); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017, Ref. RB | 5.00% | 02/15/2031 | 1750 | 1823114 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017, Ref. RB | 5.00% | 02/15/2032 | 3980 | 4136384 |
|  Hamilton (County of), OH (Life Enriching Communities); Series 2012, RB | 5.00% | 01/01/2032 | 750 | 738155 |
|  Hamilton (County of), OH (UC Health); Series 2020, RB | 5.00% | 09/15/2037 | 2000 | 2101633 |
|  Montgomery (County of), OH Hospital Facilities (Premier Health Partners Obligated Group); Series 2019 A, Ref. RB | 5.00% | 11/15/2034 | 1500 | 1563420 |
|  Muskingum (County of), OH (Genesis Healthcare System); Series 2013, RB | 5.00% | 02/15/2033 | 1240 | 1240296 |
|  Ohio (State of); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020 A, Ref. RB | 5.00% | 01/15/2033 | 600 | 645544 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020 A, Ref. RB | 5.00% | 01/15/2034 | 1000 | 1074940 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020 A, Ref. RB | 5.00% | 01/15/2035 | 900 | 960796 |
|  Ohio (State of) (Portsmouth Bypass); Series 2015, RB<sup>(a)</sup> | 5.00% | 12/31/2025 | 1300 | 1353399 |
|  Ohio (State of) Air Quality Development Authority (Ohio Valley Electric Corp.);<br>Series 2014, RB<sup>(a)(c)</sup> | 2.60% | 10/01/2029 | 9000 | 8028518 |
|  Ohio (State of) Air Quality Development Authority (Pratt Paper LLC); Series 2017, RB<sup>(a)(d)</sup> | 3.75% | 01/15/2028 | 4945 | 4845502 |
|  Southeastern Ohio (State of) Port Authority (Memorial Health Systems); Series 2015, Ref. RB | 5.50% | 12/01/2029 | 350 | 355068 |
|  |  |  |  | 48815812 |
|  **Oklahoma–0.63%** |  |  |  |  |
|  Comanche (County of), OK Hospital Authority; Series 2015, Ref. RB | 5.00% | 07/01/2023 | 2815 | 2842492 |
|  Oklahoma (State of) Development Finance Authority (OU Medicine); Series 2018 B, RB | 5.00% | 08/15/2033 | 1000 | 956429 |
|  Payne (County of), OK Economic Development Authority (Epworth Living at the Ranch); Series 2016 B-2, RB<sup>(h)</sup> | 4.75% | 11/01/2023 | 852 | 2129 |
|  Tulsa (City of), OK Municipal Airport Trust; Series 2001 B, Ref. RB<sup>(a)</sup> | 5.50% | 12/01/2035 | 3250 | 3256766 |
|  Tulsa (City of), OK Municipal Airport Trust (American Airlines Group, Inc.);<br>Series 2015, Ref. RB<sup>(a)(c)</sup> | 5.00% | 06/01/2025 | 5000 | 5047844 |
|  |  |  |  | 12105660 |
|  **Oregon–1.12%** |  |  |  |  |
|  Forest Grove (City of), OR (Pacific University); Series 2015 A, Ref. RB | 5.00% | 05/01/2036 | 250 | 252085 |
|  Medford (City of), OR Hospital Facilities Authority (Asante); Series 2020 A, Ref. RB | 4.00% | 08/15/2039 | 1100 | 1079886 |
|  Multnomah (County of), OR Hospital Facilities Authority (Terwilliger Plaza, Inc.); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2016, Ref. RB | 5.00% | 12/01/2025 | 295 | 299340 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2016, Ref. RB | 5.00% | 12/01/2030 | 1305 | 1312505 |
|  Oregon (State of) Tri-County Metropolitan Transportation District; Series 2018 A, RB | 4.00% | 09/01/2048 | 7465 | 7327928 |
|  Portland (Port of), OR; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017, RB<sup>(a)</sup> | 5.00% | 07/01/2036 | 4000 | 4138755 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022 28, RB<sup>(a)</sup> | 5.00% | 07/01/2027 | 2785 | 2948390 |
|  Salem-Keizer School District No. 24J; Series 2020 A, GO Bonds (CEP - Oregon School Bond Guaranty)<sup>(g)</sup> | 0.00% | 06/15/2040 | 4415 | 1988626 |
|  Yamhill (County of), OR Hospital Authority (Friendsview); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021 B-1, RB | 2.50% | 11/15/2028 | 2000 | 1769962 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021 B-2, RB | 2.13% | 11/15/2027 | 500 | 445533 |
|  |  |  |  | 21563010 |
|  **Pennsylvania–6.07%** |  |  |  |  |
|  Allegheny (County of), PA Hospital Development Authority (Allegheny Health Network Obligated Group Issue); Series 2018 A, Ref. RB | 5.00% | 04/01/2032 | 2000 | 2135726 |
|  Allegheny (County of), PA Industrial Development Authority (United States Steel Corp.); Series 2019, Ref. RB | 4.88% | 11/01/2024 | 2000 | 2004079 |
|  Allentown (City of), PA Neighborhood Improvement Zone Development Authority; Series 2022, Ref. RB | 5.00% | 05/01/2036 | 1500 | 1519157 |
|  Allentown (City of), PA Neighborhood Improvement Zone Development Authority (City Center); Series 2018, RB<sup>(d)</sup> | 5.00% | 05/01/2033 | 3795 | 3665542 |

---

See accompanying notes which are an integral part of this schedule.

**Invesco Intermediate Term Municipal Income Fund**

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Interest<br>Rate** | **Maturity<br>Date** | **Principal<br>Amount<br>(000)** | **Value** |
|  **Pennsylvania–(continued)** |  |  |  |  |
|  Chester (County of), PA Health & Education Facilities Authority (Simpson Senior Services); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2015 A, Ref. RB | 5.00% | 12/01/2030 | $&nbsp;&nbsp;&nbsp;&nbsp;1000 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;953070 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2015 A, Ref. RB | 5.25% | 12/01/2045 | 1400 | 1263486 |
|  Coatesville Area School District Building Authority; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018, RB (INS - BAM)<sup>(b)</sup> | 5.00% | 12/01/2025 | 385 | 388993 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018, RB (INS - BAM)<sup>(b)</sup> | 5.00% | 12/01/2026 | 335 | 338375 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018, RB (INS - BAM)<sup>(b)</sup> | 5.00% | 12/01/2027 | 360 | 363502 |
|  Coatesville School District; Series 2020 A, GO Bonds (INS - BAM)<sup>(b)(g)</sup> | 0.00% | 10/01/2036 | 1300 | 679773 |
|  Commonwealth Financing Authority; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018, RB | 5.00% | 06/01/2030 | 5500 | 6016757 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018, RB | 5.00% | 06/01/2033 | 4000 | 4339344 |
|  Delaware (City of), PA River Joint Toll Bridge Commission; Series 2019 B, Ref. RB | 5.00% | 07/01/2031 | 370 | 413010 |
|  East Hempfield (Township of), PA Industrial Development Authority (Student Services, Inc. Student Housing at Millersville University of Pennsylvania); Series 2015, RB<sup>(f)</sup> | 5.00% | 07/01/2025 | 230 | 238264 |
|  Franklin (County of), PA Industrial Development Authority (Menno-Haven, Inc.); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018, Ref. RB | 5.00% | 12/01/2029 | 1000 | 933241 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018, Ref. RB | 5.00% | 12/01/2031 | 1005 | 920831 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018, Ref. RB | 5.00% | 12/01/2033 | 750 | 674025 |
|  Lancaster (County of), PA Hospital Authority (Masonic Villages); Series 2015, Ref. RB | 5.00% | 11/01/2029 | 1500 | 1537941 |
|  Lancaster (County of), PA Hospital Authority (Moravian Manors, Inc.); Series 2019 A, RB | 5.00% | 06/15/2038 | 1110 | 1042566 |
|  Luzerne (County of), PA; Series 2015 A, Ref. GO Bonds (INS - AGM)<sup>(b)</sup> | 5.00% | 11/15/2029 | 500 | 527001 |
|  Monroeville Finance Authority; Series 2022 B, Ref. RB | 5.00% | 02/15/2028 | 1000 | 1086327 |
|  Montgomery (County of), PA Higher Education & Health Authority (Thomas Jefferson University); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 A, Ref. RB | 5.00% | 09/01/2030 | 3500 | 3793957 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019, Ref. RB | 5.00% | 09/01/2031 | 545 | 594243 |
|  Pennsylvania (Commonwealth of); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; First Series 2015 1, GO Bonds | 5.00% | 03/15/2031 | 1500 | 1569951 |
| &nbsp;&nbsp;&nbsp;&nbsp; First Series 2017, Ref. GO Bonds | 5.00% | 01/01/2026 | 5400 | 5765315 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 A, Ref. COP | 5.00% | 07/01/2029 | 300 | 328688 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 A, Ref. COP | 5.00% | 07/01/2030 | 375 | 411591 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 A, Ref. COP | 5.00% | 07/01/2031 | 425 | 466681 |
|  Pennsylvania (Commonwealth of) Economic Development Financing Authority (PA Bridges Finco L.P.); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2015, RB<sup>(a)</sup> | 5.00% | 12/31/2027 | 5965 | 6141124 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2015, RB<sup>(a)</sup> | 5.00% | 12/31/2034 | 2630 | 2666805 |
|  Pennsylvania (Commonwealth of) Economic Development Financing Authority (Presbyterian Senior Living); Series 2021, Ref. RB | 4.00% | 07/01/2030 | 1600 | 1532151 |
|  Pennsylvania (Commonwealth of) Economic Development Financing Authority (UPMC); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021 A, Ref. RB | 4.00% | 10/15/2039 | 1325 | 1272607 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021 A, Ref. RB | 4.00% | 10/15/2040 | 1200 | 1126272 |
|  Pennsylvania (Commonwealth of) Public School Building Authority (Philadelphia School District); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2016 A, Ref. RB (INS - AGM)<sup>(b)</sup> | 5.00% | 06/01/2030 | 3000 | 3154614 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2016 A, Ref. RB (INS - AGM)<sup>(b)</sup> | 5.00% | 06/01/2031 | 120 | 126002 |
|  Pennsylvania (Commonwealth of) Turnpike Commission; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Second Series 2017, Ref. RB | 5.00% | 12/01/2031 | 4075 | 4380878 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2015 A-1, Ref. RB | 5.00% | 12/01/2028 | 1055 | 1112477 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2015 A-1, Ref. RB | 5.25% | 12/01/2034 | 250 | 263626 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2016 A-1, RB | 5.00% | 12/01/2041 | 1000 | 1023085 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017 3, Ref. RB | 5.00% | 12/01/2034 | 3000 | 3245483 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019 A, RB | 5.00% | 12/01/2031 | 1860 | 2049304 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019 A, RB | 5.00% | 12/01/2033 | 1240 | 1388426 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021 A, RB | 3.00% | 12/01/2042 | 6500 | 5092886 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021 B, RB | 4.00% | 12/01/2040 | 1500 | 1473493 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021 B, RB | 4.00% | 12/01/2041 | 1750 | 1717404 |
|  Philadelphia (City of), PA; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2015, Ref. RB | 5.00% | 08/01/2031 | 1000 | 1041021 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2015, Ref. RB | 5.00% | 08/01/2032 | 1000 | 1038433 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019 B, GO Bonds | 5.00% | 02/01/2033 | 1200 | 1295997 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020 A, Ref. RB | 4.00% | 07/01/2039 | 5000 | 4885686 |

---

See accompanying notes which are an integral part of this schedule.

**Invesco Intermediate Term Municipal Income Fund**

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Interest<br>Rate** | **Maturity<br>Date** | **Principal<br>Amount<br>(000)** | **Value** |
|  **Pennsylvania–(continued)** |  |  |  |  |
|  Philadelphia (City of), PA Authority for Industrial Development; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017, RB | 5.00% | 12/01/2035 | $&nbsp;&nbsp;&nbsp;&nbsp;1000 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1049735 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017, RB | 5.00% | 12/01/2037 | 1310 | 1369868 |
|  Philadelphia (City of), PA Authority for Industrial Development (Kipp Philadelphia Charter School); Series 2016 A, RB | 5.00% | 04/01/2036 | 1500 | 1443388 |
|  Philadelphia (City of), PA Authority for Industrial Development (La Salle University); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017, Ref. RB | 5.00% | 05/01/2034 | 1000 | 911212 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017, Ref. RB | 5.00% | 05/01/2036 | 1000 | 891725 |
|  Philadelphia (City of), PA Authority for Industrial Development (Thomas Jefferson University); Series 2017 A, Ref. RB | 5.00% | 09/01/2035 | 3000 | 3142351 |
|  Philadelphia (City of), PA Authority for Industrial Development (University Square Apartments); Series 2017, RB | 4.00% | 12/01/2047 | 2000 | 1782341 |
|  Philadelphia (City of), PA Authority for Industrial Development (Wesley Enhanced Living Obligated Group); Series 2017, Ref. RB | 5.00% | 07/01/2042 | 4355 | 3730831 |
|  Philadelphia (City of), PA Hospitals & Higher Education Facilities Authority (Temple University Health System); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017, Ref. RB | 5.00% | 07/01/2027 | 3480 | 3669125 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017, Ref. RB | 5.00% | 07/01/2029 | 2295 | 2396357 |
|  Philadelphia School District (The); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2007 A, Ref. GO Bonds (INS - NATL)<sup>(b)</sup> | 5.00% | 06/01/2025 | 2400 | 2508711 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 A, GO Bonds | 5.00% | 09/01/2025 | 745 | 783833 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 A, GO Bonds | 5.00% | 09/01/2032 | 510 | 552662 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019 A, GO Bonds | 5.00% | 09/01/2031 | 1000 | 1099187 |
|  Reading School District; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017, Ref. GO Bonds (INS - AGM)<sup>(b)</sup> | 5.00% | 03/01/2035 | 30 | 31600 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017, Ref. GO Bonds (INS - AGM)<sup>(b)</sup> | 5.00% | 03/01/2036 | 25 | 26195 |
|  Scranton School District; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017 E, Ref. GO Bonds (INS - BAM)<sup>(b)</sup> | 5.00% | 12/01/2032 | 110 | 119581 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017 E, Ref. GO Bonds (INS - BAM)<sup>(b)</sup> | 5.00% | 12/01/2033 | 90 | 97535 |
|  Washington (County of), PA Redevelopment Authority (Victory Centre); Series 2018, Ref. RB | 5.00% | 07/01/2028 | 225 | 224017 |
|  West Shore Area Authority (Messiah Village); Series 2015 A, Ref. RB | 5.00% | 07/01/2030 | 500 | 500578 |
|  Wilkes-Barre Area School District; Series 2016 B, GO Bonds (INS - BAM)<sup>(b)</sup> | 5.00% | 08/01/2028 | 500 | 542054 |
|  |  |  |  | 116872096 |
|  **Puerto Rico–3.77%** |  |  |  |  |
|  Children's Trust Fund; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2002, RB | 5.38% | 05/15/2033 | 55 | 55017 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2002, RB | 5.50% | 05/15/2039 | 850 | 847878 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2002, RB | 5.63% | 05/15/2043 | 4215 | 4216134 |
|  Puerto Rico (Commonwealth of); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021 A, GO Bonds<sup>(g)</sup> | 0.00% | 07/01/2024 | 462 | 424576 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021 A, GO Bonds<sup>(g)</sup> | 0.00% | 07/01/2033 | 2100 | 1152734 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021 A-1, GO Bonds | 5.25% | 07/01/2023 | 3230 | 3243948 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021 A-1, GO Bonds | 5.38% | 07/01/2025 | 6456 | 6548884 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021 A-1, GO Bonds | 5.63% | 07/01/2027 | 1443 | 1477458 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021 A-1, GO Bonds | 5.63% | 07/01/2029 | 1419 | 1454665 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021 A-1, GO Bonds | 5.75% | 07/01/2031 | 6378 | 6551763 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021 A-1, GO Bonds | 4.00% | 07/01/2033 | 6307 | 5495584 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021 A-1, GO Bonds | 4.00% | 07/01/2035 | 1175 | 1001935 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021 A-1, GO Bonds | 4.00% | 07/01/2037 | 1008 | 842746 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021 A-1, GO Bonds | 4.00% | 07/01/2041 | 1371 | 1101877 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021 A-1, GO Bonds | 4.00% | 07/01/2046 | 1426 | 1101198 |
| &nbsp;&nbsp;&nbsp;&nbsp; Subseries 2022, RN<sup>(g)</sup> | 0.00% | 11/01/2043 | 6163 | 2811950 |
|  Puerto Rico (Commonwealth of) Aqueduct & Sewer Authority; Series 2021 B, RB<sup>(d)</sup> | 5.00% | 07/01/2033 | 4365 | 4382957 |
|  Puerto Rico (Commonwealth of) Electric Power Authority; Series 2008 WW, RB (Acquired 11/30/2020-12/09/2020; Cost $2,675,625)<sup>(e)(h)</sup> | 5.50% | 07/01/2038 | 3500 | 2611875 |
|  Puerto Rico (Commonwealth of) Highway & Transportation Authority; Series 2007 CC, Ref. RB (INS - AGM)<sup>(b)</sup> | 5.50% | 07/01/2030 | 2485 | 2543597 |

---

See accompanying notes which are an integral part of this schedule.

**Invesco Intermediate Term Municipal Income Fund**

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Interest<br>Rate** | **Maturity<br>Date** | **Principal<br>Amount<br>(000)** | **Value** |
|  **Puerto Rico–(continued)** |  |  |  |  |
|  Puerto Rico (Commonwealth of) Industrial, Tourist, Educational, Medical & Environmental Control Facilities Financing Authority (Hospital Auxilio Mutuo); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021, Ref. RB | 5.00% | 07/01/2031 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;425 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;466359 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021, Ref. RB | 5.00% | 07/01/2032 | 450 | 489259 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021, Ref. RB | 5.00% | 07/01/2033 | 425 | 460553 |
|  Puerto Rico (Commonwealth of) Industrial, Tourist, Educational, Medical & Environmental Control Facilities Financing Authority (University Plaza);<br>Series 2000 A, RB (INS - NATL)<sup>(b)</sup> | 5.00% | 07/01/2033 | 1340 | 1308761 |
|  Puerto Rico Sales Tax Financing Corp.; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 A-1, RB<sup>(g)</sup> | 0.00% | 07/01/2029 | 20432 | 14864407 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 A-1, RB | 4.50% | 07/01/2034 | 3468 | 3273938 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 A-1, RB<sup>(g)</sup> | 0.00% | 07/01/2046 | 15000 | 3780376 |
|  |  |  |  | 72510429 |
|  **Rhode Island–1.07%** |  |  |  |  |
|  Providence (City of), RI Public Building Authority (Various Capital); Series 2011 A, RB (INS - AGM)<sup>(b)</sup> | 5.88% | 06/15/2026 | 410 | 411112 |
|  Tobacco Settlement Financing Corp.; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2015 A, Ref. RB | 5.00% | 06/01/2026 | 1375 | 1412161 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2015 A, Ref. RB | 5.00% | 06/01/2027 | 900 | 923908 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2015 A, Ref. RB | 5.00% | 06/01/2028 | 1080 | 1108145 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2015 A, Ref. RB | 5.00% | 06/01/2035 | 12500 | 12708045 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2015 A, Ref. RB | 5.00% | 06/01/2040 | 4000 | 4039509 |
|  |  |  |  | 20602880 |
|  **South Carolina–0.28%** |  |  |  |  |
|  Piedmont Municipal Power Agency; Series 2015 A, RB | 5.00% | 01/01/2030 | 2000 | 2066857 |
|  South Carolina (State of) Jobs-Economic Development Authority (Lutheran Homes); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2013, RB | 5.00% | 05/01/2023 | 1000 | 998814 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2013, RB | 5.00% | 05/01/2028 | 1250 | 1208537 |
|  South Carolina (State of) Jobs-Economic Development Authority (Prisma Health Obligated Group); Series 2018 A, Ref. RB | 5.00% | 05/01/2048 | 200 | 203060 |
| &nbsp;&nbsp;&nbsp;&nbsp; South Carolina (State of) Public Service Authority; Series 2020 A, Ref. RB | 4.00% | 12/01/2037 | 1000 | 976532 |
|  |  |  |  | 5453800 |
|  **South Dakota–0.03%** |  |  |  |  |
|  Educational Enhancement Funding Corp.; Series 2013 B, RB<sup>(c)(f)</sup> | 5.00% | 06/01/2023 | 550 | 556632 |
|  **Tennessee–1.41%** |  |  |  |  |
|  Chattanooga (City of) & Hamilton (County of), TN Hospital Authority (Erlanger Health System); Series 2014 A, Ref. RB | 5.00% | 10/01/2039 | 1505 | 1515819 |
|  Greeneville (Town of), TN Health & Educational Facilities Board (Ballad Health Obligated Group); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 A, Ref. RB | 5.00% | 07/01/2032 | 370 | 371893 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 A, Ref. RB | 5.00% | 07/01/2034 | 3000 | 3010728 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 A, Ref. RB | 5.00% | 07/01/2035 | 2500 | 2591360 |
|  Knox (County of), TN Health, Educational & Housing Facility Board (Covenant Health); Series 2012 A, Ref. RB | 5.00% | 01/01/2025 | 500 | 500687 |
|  Metropolitan Development and Housing Agency (Fifth + Broadway Development); Series 2018, RB<sup>(d)</sup> | 4.50% | 06/01/2028 | 765 | 766324 |
|  Nashville (City of) & Davidson (County of), TN Metropolitan Government Health & Educational Facilities Board (The) (Lipscomb University); Series 2019 A, Ref. RB | 5.00% | 10/01/2035 | 1115 | 1148410 |
|  Nashville (City of) & Davidson (County of), TN Metropolitan Government Health & Educational Facilities Board (The) (Vanderbilt University Medical Center); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2016 A, RB | 5.00% | 07/01/2031 | 1000 | 1042941 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2016 A, RB | 5.00% | 07/01/2035 | 2000 | 2061551 |
|  New Memphis Arena Public Building Authority (City of Memphis); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021, RB<sup>(g)</sup> | 0.00% | 04/01/2036 | 1200 | 658351 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021, RB<sup>(g)</sup> | 0.00% | 04/01/2037 | 1375 | 713294 |
|  Shelby (County of), TN Health, Educational & Housing Facilities Board (Methodist Le Bonheur Healthcare); Series 2017 A, RB | 5.00% | 05/01/2031 | 1185 | 1277185 |
|  Shelby (County of), TN Health, Educational & Housing Facilities Board (The Village at Germantown, Inc.); Series 2014, RB | 5.00% | 12/01/2029 | 650 | 651466 |
|  Shelby (County of), TN Health, Educational & Housing Facilities Board (Trezevant Manor); Series 2016 A, Ref. RB<sup>(d)</sup> | 5.00% | 09/01/2037 | 750 | 621616 |

---

See accompanying notes which are an integral part of this schedule.

**Invesco Intermediate Term Municipal Income Fund**

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Interest<br>Rate** | **Maturity<br>Date** | **Principal<br>Amount<br>(000)** | **Value** |
|  **Tennessee–(continued)** |  |  |  |  |
|  Tennergy Corp.; Series 2022 A, RB<sup>(c)</sup> | 5.50% | 12/01/2030 | $&nbsp;&nbsp;&nbsp;&nbsp;3300 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3448791 |
|  Tennessee Energy Acquisition Corp.; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2006 C, RB | 5.00% | 02/01/2023 | 1360 | 1362578 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2006 C, RB | 5.00% | 02/01/2024 | 3225 | 3256968 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2006 C, RB | 5.00% | 02/01/2027 | 150 | 153409 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018, RB<sup>(c)</sup> | 4.00% | 11/01/2025 | 2000 | 1991224 |
|  |  |  |  | 27144595 |
|  **Texas–7.16%** |  |  |  |  |
|  Arlington Higher Education Finance Corp. (Harmony Public Schools); Series 2015, Ref. RB (CEP - Texas Permanent School Fund) | 5.00% | 02/15/2032 | 1500 | 1560043 |
|  Arlington Higher Education Finance Corp. (UME Preparatory Academy); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017 A, RB | 4.55% | 08/15/2028 | 120 | 116779 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017 A, RB | 5.00% | 08/15/2038 | 115 | 108534 |
|  Arlington Higher Education Finance Corp. (Universal Academy); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2014 A, RB | 5.88% | 03/01/2024 | 140 | 141261 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2014 A, RB | 6.63% | 03/01/2029 | 1000 | 1020405 |
|  Austin Convention Enterprises, Inc.; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017, Ref. RB | 5.00% | 01/01/2032 | 1075 | 1065745 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017, Ref. RB | 5.00% | 01/01/2033 | 1200 | 1223408 |
|  Central Texas Regional Mobility Authority; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021 B, RB | 5.00% | 01/01/2035 | 600 | 653577 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021 B, RB | 5.00% | 01/01/2036 | 600 | 650489 |
|  Clifton Higher Education Finance Corp. (Idea Public Schools); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2013, RB | 6.00% | 08/15/2033 | 1250 | 1273583 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022 A, RB | 4.00% | 08/15/2033 | 535 | 533851 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022 A, RB | 4.00% | 08/15/2034 | 555 | 550752 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022 A, RB | 4.00% | 08/15/2035 | 410 | 403334 |
|  Clifton Higher Education Finance Corp. (International Leadership of Texas); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2015 A, RB | 4.88% | 08/15/2027 | 500 | 500403 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2015 A, RB | 5.13% | 08/15/2030 | 3000 | 3009894 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 D, RB | 5.75% | 08/15/2033 | 5000 | 5090757 |
|  Dallas & Fort Worth (Cities of), TX (Dallas/Fort Worth International Airport); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2013 F, Ref. RB | 5.25% | 11/01/2033 | 3500 | 3565634 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2014 A, Ref. RB<sup>(a)</sup> | 5.25% | 11/01/2026 | 2000 | 2029676 |
|  Dallas (City of), TX Area Rapid Transit; Series 2016 B, Ref. RB | 4.00% | 12/01/2038 | 5250 | 5284657 |
|  Dallas (County of), TX Flood Control District No. 1; Series 2015, Ref. GO Bonds<sup>(d)</sup> | 5.00% | 04/01/2028 | 1000 | 999871 |
|  Decatur (City of), TX Hospital Authority (Wise Regional Health System); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2014 A, Ref. RB | 5.00% | 09/01/2023 | 150 | 152078 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2014 A, Ref. RB | 5.00% | 09/01/2024 | 265 | 272993 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2014 A, Ref. RB | 5.25% | 09/01/2029 | 1000 | 1024257 |
|  Dickinson Independent School District; Series 2000, Ref. GO Bonds (CEP - Texas Permanent School Fund) | 6.00% | 02/15/2028 | 1765 | 1923870 |
|  Frisco Independent School District; Series 2019, Ref. GO Bonds (CEP - Texas Permanent School Fund) | 5.00% | 08/15/2036 | 3375 | 3727264 |
|  Grand Parkway Transportation Corp.; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020 C, Ref. RB | 4.00% | 10/01/2036 | 250 | 254667 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020, Ref. RB | 4.00% | 10/01/2037 | 1000 | 1010008 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020, Ref. RB | 4.00% | 10/01/2038 | 2250 | 2253460 |
|  Grand Parkway Transportation Corp. (TELA Supported); Series 2018 A, RB | 5.00% | 10/01/2038 | 2000 | 2140589 |
|  Gulf Coast Authority (Waste Management of Texas); Series 2003 B, RB<sup>(a)</sup> | 1.50% | 05/01/2028 | 1750 | 1491072 |
|  Harris (County of) & Houston (City of), TX Sports Authority; Series 2014 A, Ref. RB | 5.00% | 11/15/2030 | 1000 | 1029948 |
|  Harris County Cultural Education Facilities Finance Corp. (Brazos Presbyterian Homes, Inc.); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2013 A, RB | 4.00% | 01/01/2023 | 345 | 344623 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2013 A, RB | 5.00% | 01/01/2033 | 1090 | 1025674 |
|  Harris County Cultural Education Facilities Finance Corp. (YMCA of the Greater Houston Area); Series 2013 A, Ref. RB | 5.00% | 06/01/2028 | 1500 | 1467607 |
|  Houston (City of), TX Airport System (United Airlines, Inc. Terminal E); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2014, Ref. RB<sup>(a)</sup> | 4.75% | 07/01/2024 | 2465 | 2469635 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020 A, Ref. RB<sup>(a)</sup> | 5.00% | 07/01/2027 | 500 | 507126 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021 A, RB<sup>(a)</sup> | 4.00% | 07/01/2041 | 4500 | 3782863 |

---

See accompanying notes which are an integral part of this schedule.

**Invesco Intermediate Term Municipal Income Fund**

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Interest<br>Rate** | **Maturity<br>Date** | **Principal<br>Amount<br>(000)** | **Value** |
|  **Texas–(continued)** |  |  |  |  |
|  Houston (City of), TX Airport System (United Airlines, Inc.); Series 2021 B-1, RB<sup>(a)</sup> | 4.00% | 07/15/2041 | $&nbsp;&nbsp;&nbsp;&nbsp;4000 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3361713 |
|  Houston (City of), TX Airport System (United Airlines, Inc.); Series 2020 B-2, Ref. RB<sup>(a)</sup> | 5.00% | 07/15/2027 | 3350 | 3398065 |
|  Houston Higher Education Finance Corp. (KIPP, Inc.); Series 2015, Ref. RB (CEP - Texas Permanent School Fund) | 5.00% | 08/15/2029 | 250 | 262903 |
|  Lower Colorado River Authority (LCRA Transmission Services Corp.); Series 2019,<br>Ref. RB | 5.00% | 05/15/2030 | 1200 | 1337891 |
|  Mesquite Health Facilities Development Corp. (Christian Care Centers, Inc.);<br>Series 2014, Ref. RB (Acquired 08/27/2014; Cost $217,124)<sup>(e)(h)</sup> | 5.00% | 02/15/2024 | 215 | 178450 |
|  Mission Economic Development Corp. (Natgasoline); Series 2018, Ref. RB<sup>(a)(d)</sup> | 4.63% | 10/01/2031 | 5000 | 4846318 |
|  New Hope Cultural Education Facilities Finance Corp. (Carillon Lifecare Community); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2016, Ref. RB | 4.00% | 07/01/2028 | 2620 | 2303907 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2016, Ref. RB | 5.00% | 07/01/2036 | 2750 | 2270669 |
|  New Hope Cultural Education Facilities Finance Corp. (CHF-Collegiate Housing Corpus Christi II, LLC - Texas A&M University-Corpus Christi); Series 2016 A, RB<sup>(c)(f)</sup> | 5.00% | 04/01/2026 | 670 | 716016 |
|  New Hope Cultural Education Facilities Finance Corp. (Collegiate Housing<br>Stephenville II, LLC - Tarleton State University); Series 2014 A, RB<sup>(f)</sup> | 5.00% | 04/01/2023 | 785 | 790672 |
|  New Hope Cultural Education Facilities Finance Corp. (Jubilee Academic Center); Series 2021, Ref. RB<sup>(d)</sup> | 4.00% | 08/15/2036 | 2000 | 1766744 |
|  New Hope Cultural Education Facilities Finance Corp. (Longhorn Village); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017, Ref. RB | 5.00% | 01/01/2027 | 1090 | 1091149 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017, Ref. RB | 5.00% | 01/01/2029 | 1205 | 1203076 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017, Ref. RB | 5.00% | 01/01/2037 | 2000 | 1923630 |
|  New Hope Cultural Education Facilities Finance Corp. (Morningside Ministries);<br>Series 2013, RB<sup>(c)(f)</sup> | 6.25% | 01/01/2023 | 1600 | 1604472 |
|  New Hope Cultural Education Facilities Finance Corp. (MRC Senior Living-The Langford); Series 2016 A, RB | 5.00% | 11/15/2026 | 320 | 309421 |
|  New Hope Cultural Education Facilities Finance Corp. (Presbyterian Village North); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018, Ref. RB | 5.00% | 10/01/2029 | 2105 | 1995045 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018, Ref. RB | 5.00% | 10/01/2030 | 2210 | 2065462 |
|  New Hope Cultural Education Facilities Finance Corp. (Tarleton State University); Series 2014 A, RB<sup>(c)(f)</sup> | 5.00% | 04/01/2024 | 620 | 638072 |
|  New Hope Cultural Education Facilities Finance Corp. (Wesleyan Homes, Inc.); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2014, RB | 5.25% | 01/01/2029 | 1500 | 1444782 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2014, RB | 5.50% | 01/01/2035 | 1400 | 1280697 |
|  Newark High Education Finance Corp. (A+ Charter Schools, Inc.); Series 2015 A, RB<sup>(d)</sup> | 4.63% | 08/15/2025 | 485 | 491015 |
|  North Texas Tollway Authority; Series 2017 B, Ref. RB (INS - AGM)<sup>(b)</sup> | 4.00% | 01/01/2034 | 750 | 773811 |
|  Port Beaumont Navigation District (Jefferson Gulf Coast Energy); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021, RB<sup>(a)(d)</sup> | 2.13% | 01/01/2028 | 575 | 489980 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021, RB<sup>(a)(d)</sup> | 2.25% | 01/01/2029 | 800 | 662370 |
|  Pottsboro Higher Education Finance Corp. (Imagine International Academy of North Texas LLC); Series 2016 A, RB | 5.00% | 08/15/2036 | 1960 | 1868189 |
|  SA Energy Acquisition Public Facility Corp.; Series 2007, RB | 5.50% | 08/01/2025 | 2000 | 2072157 |
|  San Antonio (City of), TX; Series 2019 A, Ref. RB<sup>(a)</sup> | 5.00% | 07/01/2032 | 2380 | 2549330 |
|  Tarrant County Cultural Education Facilities Finance Corp.; Series 2014, Ref. RB | 5.00% | 10/01/2049 | 5125 | 5125499 |
|  Tarrant County Cultural Education Facilities Finance Corp. (MRC Stevenson Oaks); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020 B-2, Ref. RB | 3.00% | 11/15/2026 | 945 | 904412 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020, Ref. RB | 4.00% | 11/15/2027 | 3100 | 2940623 |
|  Temple (City of), TX; Series 2018 A, RB | 5.00% | 08/01/2038 | 5000 | 5078069 |
|  Texas (State of) Transportation Commission; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019, RB<sup>(g)</sup> | 0.00% | 08/01/2034 | 1400 | 786267 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019, RB<sup>(g)</sup> | 0.00% | 08/01/2035 | 2050 | 1081675 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019, RB<sup>(g)</sup> | 0.00% | 08/01/2036 | 1500 | 744565 |
|  Texas (State of) Transportation Commission (Central Texas Turnpike System); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2015 B, Ref. RB<sup>(g)</sup> | 0.00% | 08/15/2036 | 5000 | 2693952 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2015 C, Ref. RB | 5.00% | 08/15/2033 | 5000 | 5109000 |
|  Texas Municipal Gas Acquisition & Supply Corp. I; Series 2008 D, RB | 6.25% | 12/15/2026 | 3820 | 3992108 |
|  Texas Municipal Gas Acquisition & Supply Corp. III; Series 2021, Ref. RB | 5.00% | 12/15/2032 | 3250 | 3404713 |
|  Texas Private Activity Bond Surface Transportation Corp. (NTE Mobility Partners LLC - North Tarrant Express Managed Lanes); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019 A, Ref. RB | 5.00% | 12/31/2030 | 3000 | 3220580 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019 A, Ref. RB | 5.00% | 12/31/2032 | 1000 | 1068048 |

---

See accompanying notes which are an integral part of this schedule.

**Invesco Intermediate Term Municipal Income Fund**

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Interest<br>Rate** | **Maturity<br>Date** | **Principal<br>Amount<br>(000)** | **Value** |
|  **Texas–(continued)** |  |  |  |  |
|  Viridian Municipal Management District; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2015, Ref. GO Bonds (INS - BAM)<sup>(b)</sup> | 6.00% | 12/01/2029 | $&nbsp;&nbsp;&nbsp;&nbsp;665 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;701387 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2015, Ref. GO Bonds (INS - BAM)<sup>(b)</sup> | 6.00% | 12/01/2029 | 1005 | 1059991 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2015, Ref. GO Bonds (INS - BAM)<sup>(b)</sup> | 6.00% | 12/01/2030 | 920 | 970161 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2015, Ref. GO Bonds (INS - BAM)<sup>(b)</sup> | 6.00% | 12/01/2030 | 500 | 527261 |
|  |  |  |  | 137764704 |
|  **Utah–0.78%** |  |  |  |  |
|  Black Desert Public Infrastructure District; Series 2021 A, GO Bonds<sup>(d)</sup> | 3.50% | 03/01/2036 | 2000 | 1650237 |
|  Mida Mountain Village Public Infrastructure District; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021, RB<sup>(d)</sup> | 4.00% | 08/01/2025 | 1205 | 1184973 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021, RB<sup>(d)</sup> | 4.00% | 08/01/2027 | 1000 | 963642 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021, RB<sup>(d)</sup> | 4.00% | 08/01/2030 | 1000 | 925732 |
|  Military Installation Development Authority; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021 A-1, RB | 4.00% | 06/01/2036 | 500 | 421428 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021 A-1, RB | 4.00% | 06/01/2041 | 1000 | 799378 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021 A-2, RB | 4.00% | 06/01/2036 | 5250 | 4424554 |
|  Salt Lake City (City of), UT; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 A, RB<sup>(a)</sup> | 5.00% | 07/01/2033 | 3500 | 3688483 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 B, RB | 5.00% | 07/01/2038 | 1000 | 1055667 |
|  |  |  |  | 15114094 |
|  **Vermont–0.21%** |  |  |  |  |
|  Burlington (City of), VT; Series 2014 A, Ref. RB (INS - AGM)<sup>(b)</sup> | 5.00% | 07/01/2030 | 1000 | 1022883 |
|  University of Vermont & State Agricultural College; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019 B, Ref. RB | 5.00% | 10/01/2035 | 1220 | 1403056 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019 B, Ref. RB | 5.00% | 10/01/2036 | 1375 | 1584633 |
|  |  |  |  | 4010572 |
|  **Virginia–0.76%** |  |  |  |  |
|  Dulles Town Center Community Development Authority (Dulles Town Center);<br>Series 2012, Ref. RB | 4.25% | 03/01/2026 | 700 | 676265 |
|  Fairfax (County of), VA Economic Development Authority (Vinson Hall LLC);<br>Series 2013 A, RB<sup>(f)</sup> | 4.00% | 12/01/2022 | 180 | 180000 |
|  Farmville (Town of), VA Industrial Development Authority (Longwood University Student Housing); Series 2018 A, Ref. RB | 5.00% | 01/01/2038 | 1000 | 1003598 |
|  Virginia (Commonwealth of) Small Business Financing Authority (95 Express Lanes LLC); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022, Ref. RB<sup>(a)</sup> | 5.00% | 07/01/2033 | 3235 | 3417173 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022, Ref. RB<sup>(a)</sup> | 5.00% | 01/01/2034 | 4000 | 4201129 |
|  Virginia (Commonwealth of) Small Business Financing Authority (I-495 Hot Lanes); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022, Ref. RB<sup>(a)</sup> | 5.00% | 06/30/2042 | 2395 | 2503112 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022, Ref. RB<sup>(a)</sup> | 5.00% | 12/31/2042 | 2000 | 2090281 |
|  Virginia Beach Development Authority (Westminster-Canterbury on Chesapeake Bay); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018, Ref. RB | 5.00% | 09/01/2028 | 150 | 149840 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018, Ref. RB | 5.00% | 09/01/2030 | 455 | 450077 |
|  |  |  |  | 14671475 |
|  **Washington–2.18%** |  |  |  |  |
|  Energy Northwest (Columbia Generating Station); Series 2019 A, Ref. RB | 5.00% | 07/01/2038 | 2360 | 2583774 |
|  Kalispel Tribe of Indians; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 A, RB<sup>(d)</sup> | 5.00% | 01/01/2032 | 70 | 73427 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018 B, RB<sup>(d)</sup> | 5.00% | 01/01/2032 | 100 | 104896 |
|  Kelso (City of), WA Housing Authority; Series 1998, RB | 5.60% | 03/01/2028 | 20 | 20000 |
|  Seattle (Port of), WA; |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2016 B, Ref. RB<sup>(a)</sup> | 5.00% | 10/01/2028 | 3730 | 3920630 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019, RB<sup>(a)</sup> | 5.00% | 04/01/2032 | 2000 | 2132786 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022 B, Ref. RB<sup>(a)</sup> | 5.00% | 08/01/2038 | 3000 | 3181436 |
|  Seattle (Port of), WA (SEATAC Fuel Facilities LLC); Series 2013, Ref. RB<sup>(a)</sup> | 5.00% | 06/01/2024 | 1560 | 1573988 |
|  Washington (State of); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021 A, Ref. GO Bonds | 5.00% | 06/01/2034 | 1000 | 1136282 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021 A, Ref. GO Bonds | 5.00% | 06/01/2035 | 1500 | 1689289 |

---

See accompanying notes which are an integral part of this schedule.

**Invesco Intermediate Term Municipal Income Fund**

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Interest**<br> **Rate** | **Maturity**<br> **Date** | **Principal**<br> **Amount**<br> **(000)** | **Value** |
|  **Washington–(continued)** |  |  |  |  |
|  Washington (State of) Convention Center Public Facilities District (Green Notes); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021 B, RB | 5.00% | 07/01/2031 | $&nbsp;&nbsp;&nbsp;&nbsp;2365 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2481389 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021, RB | 4.00% | 07/01/2031 | 1250 | 1129647 |
|  Washington (State of) Health Care Facilities Authority (Catholic Health Initiatives); Series 2013, RB (SIFMA Municipal Swap Index + 1.40%)<sup>(c)(j)</sup> | 3.25% | 01/01/2025 | 3350 | 3365928 |
|  Washington (State of) Health Care Facilities Authority (Central Washington Health Services Association); Series 2015, Ref. RB | 5.00% | 07/01/2030 | 500 | 516126 |
|  Washington (State of) Health Care Facilities Authority (PeaceHealth); Series 2014 A, Ref. RB<sup>(c)(f)</sup> | 5.00% | 05/15/2024 | 500 | 515876 |
|  Washington (State of) Health Care Facilities Authority (Virginia Mason Medical Center); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017, Ref. RB | 5.00% | 08/15/2032 | 1500 | 1564722 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017, Ref. RB | 5.00% | 08/15/2037 | 1360 | 1383100 |
|  Washington (State of) Housing Finance Commission (Bayview Manor Homes); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2016 A, Ref. RB<sup>(d)</sup> | 5.00% | 07/01/2031 | 1350 | 1269039 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2016 A, Ref. RB<sup>(d)</sup> | 5.00% | 07/01/2036 | 1450 | 1295432 |
|  Washington (State of) Housing Finance Commission (Eliseo); Series 2021 B-2,<br>Ref. RB<sup>(d)</sup> | 2.13% | 07/01/2027 | 2750 | 2471862 |
|  Washington (State of) Housing Finance Commission (Heron's Key Senior Living); Series 2015 A, RB<sup>(d)(f)</sup> | 6.00% | 07/01/2025 | 335 | 348850 |
|  Washington (State of) Housing Finance Commission (Social Certificates);<br>Series 2021-1A, Revenue Ctfs. | 3.50% | 12/20/2035 | 5968 | 5353865 |
|  Washington (State of) Housing Finance Commission (The Hearthstone); Series 2018 A, Ref. RB<sup>(d)</sup> | 5.00% | 07/01/2038 | 830 | 684975 |
|  Washington (State of) Housing Finance Commission (Transforming Age); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019 A, RB<sup>(d)</sup> | 5.00% | 01/01/2034 | 745 | 669646 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019 A, RB<sup>(d)</sup> | 5.00% | 01/01/2039 | 2895 | 2499363 |
|  |  |  |  | 41966328 |
|  **West Virginia–0.26%** |  |  |  |  |
|  Monongalia (County of), WV Commission Special District (University Town Centre Economic Opportunity Development District); Series 2017 A, Ref. RB<sup>(d)</sup> | 5.50% | 06/01/2037 | 2000 | 2018999 |
|  West Virginia (State of) Economic Development Authority; Series 2020, RB<sup>(a)(c)</sup> | 5.00% | 07/01/2025 | 1000 | 997568 |
|  West Virginia (State of) Economic Development Authority (Entsorga West Virginia LLC); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2016, RB<sup>(a)(d)</sup> | 6.75% | 02/01/2026 | 2000 | 1400000 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018, RB<sup>(a)(d)</sup> | 8.75% | 02/01/2036 | 640 | 512000 |
|  |  |  |  | 4928567 |
|  **Wisconsin–1.86%** |  |  |  |  |
|  Wisconsin (State of) Health & Educational Facilities Authority (American Baptist Homes of the Midwest Obligated Group); Series 2017, Ref. RB | 5.00% | 08/01/2032 | 5100 | 4607914 |
|  Wisconsin (State of) Health & Educational Facilities Authority (Ascension Senior Credit Group); Series 2016 A, Ref. RB | 4.00% | 11/15/2036 | 2000 | 2006508 |
|  Wisconsin (State of) Health & Educational Facilities Authority (Benevolent Corp. Cedar Community); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017, Ref. RB | 5.00% | 06/01/2030 | 1560 | 1534187 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017, Ref. RB | 5.00% | 06/01/2032 | 1720 | 1666918 |
|  Wisconsin (State of) Health & Educational Facilities Authority (Camillus Health System); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019 B-2, Ref. RB | 2.55% | 11/01/2027 | 1935 | 1827475 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019 B-3, Ref. RB | 2.25% | 11/01/2026 | 35 | 34997 |
|  Wisconsin (State of) Health & Educational Facilities Authority (Mercy Alliance); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2012, RB | 5.00% | 06/01/2025 | 2450 | 2453648 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2012, RB | 5.00% | 06/01/2026 | 1000 | 1001366 |
|  Wisconsin (State of) Public Finance Authority (21st Century Public Academy);<br>Series 2020 A, RB<sup>(d)</sup> | 3.75% | 06/01/2030 | 350 | 311986 |
|  Wisconsin (State of) Public Finance Authority (ACTS Retirement-Life Community); Series 2020 A, RB | 4.00% | 11/15/2037 | 600 | 534997 |
|  Wisconsin (State of) Public Finance Authority (Bancroft Neurohealth); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2016 A, RB<sup>(d)</sup> | 5.00% | 06/01/2025 | 1000 | 995140 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2016 A, RB<sup>(d)</sup> | 4.63% | 06/01/2036 | 125 | 114228 |
|  Wisconsin (State of) Public Finance Authority (Beyond Boone, LLC - Appalachian State University); Series 2019 A, RB (INS - AGM)<sup>(b)</sup> | 5.00% | 07/01/2034 | 800 | 840905 |
|  Wisconsin (State of) Public Finance Authority (City of Boynton Beach, Florida Municipal Improvements); Series 2018, RB | 5.00% | 07/01/2035 | 2000 | 2137581 |
|  Wisconsin (State of) Public Finance Authority (Community School of Davidson);<br>Series 2018, RB | 5.00% | 10/01/2033 | 390 | 387719 |
|  Wisconsin (State of) Public Finance Authority (Explore Academy); |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020 A, RB<sup>(d)</sup> | 6.13% | 02/01/2039 | 500 | 447986 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022 A, RB<sup>(d)</sup> | 6.13% | 02/01/2039 | 485 | 434546 |

---

See accompanying notes which are an integral part of this schedule.

**Invesco Intermediate Term Municipal Income Fund**

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Interest**<br> **Rate** | **Maturity**<br> **Date** | **Principal**<br> **Amount**<br> **(000)** | **Value** |
|  **Wisconsin–(continued)** |  |  |  |  |
|  Wisconsin (State of) Public Finance Authority (Goodwill Industries of Southern Nevada, Inc.); Series 2019 A, RB | 5.50% | 12/01/2038 | $&nbsp;&nbsp;&nbsp;&nbsp;1930 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1738250 |
|  Wisconsin (State of) Public Finance Authority (Mallard Creek Stem Academy); Series 2019 A, RB<sup>(d)</sup> | 4.38% | 06/15/2029 | 1745 | 1678206 |
|  Wisconsin (State of) Public Finance Authority (Maryland Proton Treatment Center); Series 2018 A-1, RB<sup>(d)</sup> | 6.25% | 01/01/2038 | 3250 | 1998750 |
|  Wisconsin (State of) Public Finance Authority (Prime Healthcare Foundation, Inc.); Series 2018 A, RB | 5.20% | 12/01/2037 | 4000 | 4143482 |
|  Wisconsin (State of) Public Finance Authority (Roseman University of Health Sciences); Series 2015, Ref. RB | 5.00% | 04/01/2025 | 645 | 647068 |
|  Wisconsin (State of) Public Finance Authority (Southminster); Series 2018, RB<sup>(d)</sup> | 5.00% | 10/01/2043 | 500 | 433992 |
|  Wisconsin (State of) Public Finance Authority (Wingate University); Series 2018 A, Ref. RB | 5.25% | 10/01/2038 | 1000 | 1013430 |
|  Wisconsin (State of) Public Finance Authority (Wittenberg University); Series 2016, RB<sup>(d)</sup> | 4.13% | 12/01/2024 | 2900 | 2844258 |
|  |  |  |  | 35835537 |
|  **Wyoming–0.08%** |  |  |  |  |
|  Wyoming (State of) Municipal Power Agency; Series 2017 A, Ref. RB<sup>(c)(f)</sup> | 5.00% | 01/01/2027 | 1500 | 1632144 |
|  TOTAL INVESTMENTS IN SECURITIES<sup>(m)</sup> –102.26% (Cost $2,045,463,956) |  |  |  | 1968458761 |
|  FLOATING RATE NOTE OBLIGATIONS–(1.29)% |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Notes with interest and fee rates ranging from 2.45% to 2.49% at 11/30/2022 and contractual maturities of collateral ranging from 09/01/2022 to 06/01/2032<sup>(n)</sup> |  |  |  | (24775000) |
|  OTHER ASSETS LESS LIABILITIES–(0.97)% |  |  |  | (18759183) |
|  NET ASSETS–100.00% |  |  |  | $1924924578 |

---

Investment Abbreviations:

---

| | |
|:---|:---|
| AGC | – Assured Guaranty Corp. |
| AGM | – Assured Guaranty Municipal Corp. |
| AMBAC | – American Municipal Bond Assurance Corp. |
| BAM | – Build America Mutual Assurance Co. |
| CEP | – Credit Enhancement Provider |
| COP | – Certificates of Participation |
| Ctfs. | – Certificates |
| FHLMC | – Federal Home Loan Mortgage Corp. |
| GNMA | – Government National Mortgage Association |
| GO | – General Obligation |
| IDR | – Industrial Development Revenue Bonds |
| INS | – Insurer |
| LOC | – Letter of Credit |
| NATL | – National Public Finance Guarantee Corp. |
| PCR | – Pollution Control Revenue Bonds |
| RAC | – Revenue Anticipation Certificates |
| RB | – Revenue Bonds |
| Ref. | – Refunding |
| RN | – Revenue Notes |
| SGI | – Syncora Guarantee, Inc. |
| SIFMA | – Securities Industry and Financial Markets Association |
| Wts. | – Warrants |

---

See accompanying notes which are an integral part of this schedule.

**Invesco Intermediate Term Municipal Income Fund**

------

Notes to Schedule of Investments:

<sup>(a)</sup> Security subject to the alternative minimum tax.

<sup>(b)</sup> Principal and/or interest payments are secured by the bond insurance company listed.

<sup>(c)</sup> Security has an irrevocable call by the issuer or mandatory put by the holder. Maturity date reflects such call or put.

<sup>(d)</sup> Security purchased or received in a transaction exempt from registration under the Securities Act of 1933, as amended (the "1933 Act"). The security may be resold pursuant to an exemption from registration under the 1933 Act, typically to qualified institutional buyers. The aggregate value of these securities at November 30, 2022 was $139,580,862, which represented 7.25% of the Fund's Net Assets. 

<sup>(e)</sup> Restricted security. The aggregate value of these securities at November 30, 2022 was $9,487,933, which represented less than 1% of the Fund's Net Assets. 

<sup>(f)</sup> Advance refunded; secured by an escrow fund of U.S. Government obligations or other highly rated collateral.

<sup>(g)</sup> Zero coupon bond issued at a discount.

<sup>(h)</sup> Defaulted security. Currently, the issuer is in default with respect to principal and/or interest payments. The aggregate value of these securities at November 30, 2022 was $4,785,054, which represented less than 1% of the Fund's Net Assets. 

<sup>(i)</sup> Underlying security related to TOB Trusts entered into by the Fund.

<sup>(j)</sup> Interest or dividend rate is redetermined periodically. Rate shown is the rate in effect on November 30, 2022.

<sup>(k)</sup> Security is subject to a reimbursement agreement which may require the Fund to pay amounts to a counterparty in the event of a significant decline in the market value of the security underlying the TOB Trusts. In case of a shortfall, the maximum potential amount of payments the Fund could ultimately be required to make under the agreement is $10,330,000. However, such shortfall payment would be reduced by the proceeds from the sale of the security underlying the TOB Trusts. 

<sup>(l)</sup> Principal and interest payments are fully enhanced by a letter of credit from the bank listed or a predecessor bank, branch or subsidiary.

<sup>(m)</sup> Entities may either issue, guarantee, back or otherwise enhance the credit quality of a security. The entities are not primarily responsible for the issuer's obligation but may be called upon to satisfy issuer's obligations. No concentration of any single entity was greater than 5% each. 

<sup>(n)</sup> Floating rate note obligations related to securities held. The interest and fee rates shown reflect the rates in effect at November 30, 2022. At November 30, 2022, the Fund's investments with a value of $38,640,883 are held by TOB Trusts and serve as collateral for the $24,775,000 in the floating rate note obligations outstanding at that date. 

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Open Futures Contracts<sup>(a)</sup>** | **Open Futures Contracts<sup>(a)</sup>** | **Open Futures Contracts<sup>(a)</sup>** | **Open Futures Contracts<sup>(a)</sup>** | **Open Futures Contracts<sup>(a)</sup>** | **Open Futures Contracts<sup>(a)</sup>** |
| **Short Futures Contracts** | **Number of<br>Contracts** | **Expiration**<br> **Month** | **Notional**<br> **Value** | **Value** | **Unrealized**<br> **Appreciation**<br> **(Depreciation)** |
|  **Interest Rate Risk** |  |  |  |  |  |
|  U.S. Treasury 10 Year Notes | 955 | March-2023 | $(108392500) | $(522266) | $(522266) |

---

<sup>(a)</sup> Futures contracts collateralized by $3,059,821 cash held with Goldman Sachs, the futures commission merchant. 

The valuation policy and a listing of other significant accounting policies are available in the most recent shareholder report.

See accompanying notes which are an integral part of this schedule.

**Invesco Intermediate Term Municipal Income Fund**

------

**Notes to Quarterly Schedule of Portfolio Holdings** 

*November 30, 2022* 

*(Unaudited)* 

**NOTE 1–Additional Valuation Information** 

Generally Accepted Accounting Principles ("GAAP") defines fair value as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date, under current market conditions. GAAP establishes a hierarchy that prioritizes the inputs to valuation methods, giving the highest priority to readily available unadjusted quoted prices in an active market for identical assets (Level 1) and the lowest priority to significant unobservable inputs (Level 3), generally when market prices are not readily available. Based on the valuation inputs, the securities or other investments are tiered into one of three levels. Changes in valuation methods may result in transfers in or out of an investment's assigned level:

---

| | |
|:---|:---|
| Level 1 – | Prices are determined using quoted prices in an active market for identical assets. |
| Level 2 – | Prices are determined using other significant observable inputs. Observable inputs are inputs that other market participants may use in pricing a security. These may include quoted prices for similar securities, interest rates, prepayment speeds, credit risk, yield curves, loss severities, default rates, discount rates, volatilities and others. |
| Level 3 – | Prices are determined using significant unobservable inputs. In situations where quoted prices or observable inputs are unavailable (for example, when there is little or no market activity for an investment at the end of the period), unobservable inputs may be used. Unobservable inputs reflect Invesco Advisers, Inc.'s assumptions about the factors market participants would use in determining fair value of the securities or instruments and would be based on the best available information. |

---

The following is a summary of the tiered valuation input levels, as of November 30, 2022. The level assigned to the securities valuations may not be an indication of the risk or liquidity associated with investing in those securities. Because of the inherent uncertainties of valuation, the values reflected in the financial statements may materially differ from the value received upon actual sale of those investments.

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Level 1** | **Level 2** | **Level 3** | **Total** |
|  **Investments in Securities** |  |  |  |  |
|  Municipal Obligations | $– | $1968458761 | $– | $1968458761 |
|  **Other Investments - Liabilities\*** |  |  |  |  |
|  Futures Contracts | &nbsp;&nbsp;&nbsp;&nbsp;(522266) |  | &nbsp;&nbsp;&nbsp;&nbsp;– | (522266) |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total Investments** | $(522266) | $1968458761 | $– | $1967936495 |

---

\* Unrealized appreciation (depreciation).

**Invesco Intermediate Term Municipal Income Fund**

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** AIM Tax-Exempt Funds (Invesco Tax-Exempt Funds)

- **b. Investment Company Act file number:** 811-07890

- **c. CIK number of Registrant:** 0000909466

- **d. LEI of Registrant:** SW0MHD1146AQ1M76HG37

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

  - **Street Address 1:** 11 Greenway Plaza

  - **City:** Houston

  - **State:** TX

  - **Foreign country:** US

  - **Zip / Postal Code:** 77046-1173

  - **Telephone number:** 800-959-4246

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

- **a. Name of Series:** Invesco Intermediate Term Municipal Income Fund

- **b. EDGAR series identifier (if any):** S000027868

- **c. LEI of Series:** 0J3ITMRI0YG0GLX0NL48

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

- **a. Date of fiscal year-end:** 2023-02-28

- **b. Date as of which information is reported:** 2022-11-30

**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:** $1962526411.72

**Total Liabilities:** $35366449.42

**Net Assets:** $1927159962.30

**Delayed Delivery Securities:** $3374943.00

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -3168.97734851 | **1-Year:** -68383.02441816 | **5-Year:** -272414.32088775 | **10-Year:** -431720.79564095 | **30-Year:** -69249.18643744

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

- **3-Month:** -2011.03444001 | **1-Year:** -22522.43845042 | **5-Year:** -84593.50496116 | **10-Year:** -85203.77690134 | **30-Year:** -15283.31414366

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000084629 | -3.54%               | -0.93%               | 4.06%                |
| Class ID C000188918 | -3.44%               | -0.94%               | 4.15%                |
| Class ID C000084627 | -3.47%               | -0.97%               | 4.12%                |
| Class ID C000084630 | -3.45%               | -0.84%               | 4.14%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-6012962.85             | $-74937954.61                              |
| Month 2  | $-4256633.03             | $-20212701.90                              |
| Month 3  | $-8412962.68             | $84699463.54                               |

**Designated Index Information**

- **Index Name:** S&P Muni Bond 2-17 Yr Investment Grade Index

- **Index Identifier:** 100% BM-Securities only

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Glendale (City of), AZ                                                                                                                                | Glendale (City of), AZ, Series 2015, Ref. RB                                                                                                           | CUSIP: 378325BL7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1054558.60   | 0.05%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kentucky (Commonwealth of) Property & Building Commission (No. 119)                                                                                   | Kentucky (Commonwealth of) Property & Building Commission (No. 119), Series 2018, RB                                                                   | CUSIP: 49151FZC7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $109128.65    | 0.01%             | 2032-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Carolina (State of) Medical Care Commission (Forest at Duke (The))                                                                              | North Carolina (State of) Medical Care Commission (Forest at Duke (The)), Series 2021, RB                                                              | CUSIP: 65820YSK3<br>LEI: 549300FH6KOXGCHQYG81 | Long             | DBT              | MUN               | US        |   2255000 | PA      | $1952772.95   | 0.10%             | 2041-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Kentucky (Commonwealth of) Property & Building Commission (No. 119)                                                                                   | Kentucky (Commonwealth of) Property & Building Commission (No. 119), Series 2018, RB                                                                   | CUSIP: 49151FZF0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $108256.37    | 0.01%             | 2034-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Duluth (City of), MN Housing & Redevelopment Authority (Duluth Public Schools Academy)                                                                | Duluth (City of), MN Housing & Redevelopment Authority (Duluth Public Schools Academy), Series 2018 A, Ref. RB                                         | CUSIP: 264454AF6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    205000 | PA      | $198458.37    | 0.01%             | 2033-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kentwood Economic Development Corp. (Holland Home Obligated Group)                                                                                    | Kentwood Economic Development Corp. (Holland Home Obligated Group), Series 2019, Ref. RB                                                               | CUSIP: 491740EX0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2100000 | PA      | $2118350.43   | 0.11%             | 2032-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kansas City (City of), MO Industrial Development Authority (Downtown Redevelopment District)                                                          | Kansas City (City of), MO Industrial Development Authority (Downtown Redevelopment District), Series 2011 A, Ref. RB                                   | CUSIP: 48503SEK1<br>LEI: 549300QWDXL46XQC8110 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2005271.60   | 0.10%             | 2028-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| SA Energy Acquisition Public Facility Corp.                                                                                                           | SA Energy Acquisition Public Facility Corp., Series 2007, RB                                                                                           | CUSIP: 785138AT5<br>LEI: 5493006HRL5XH4QOE746 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2072156.60   | 0.11%             | 2025-08-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Cuyahoga (County of), OH (Metrohealth System)                                                                                                         | Cuyahoga (County of), OH (Metrohealth System), Series 2017, Ref. RB                                                                                    | CUSIP: 2322655N4<br>LEI: 549300GHDK9DGLUNJU89 | Long             | DBT              | MUN               | US        |   3980000 | PA      | $4136384.15   | 0.21%             | 2032-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Sales Tax Securitization Corp.                                                                                                                        | Sales Tax Securitization Corp., Series 2017 A, Ref. RB                                                                                                 | CUSIP: 79467BAL9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1069119.20   | 0.06%             | 2030-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire (State of) Business Finance Authority                                                                                                   | New Hampshire (State of) Business Finance Authority, Series 2022 A, Ref. RB                                                                            | CUSIP: 63609YAA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2300000 | PA      | $2333303.54   | 0.12%             | 2028-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Chicago (City of), IL Midway International Airport                                                                                                    | Chicago (City of), IL Midway International Airport, Series 2014 A, Ref. RB                                                                             | CUSIP: 167562NL7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3004418.10   | 0.16%             | 2023-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York & New Jersey (States of) Port Authority                                                                                                      | New York & New Jersey (States of) Port Authority, Series 2014, RB                                                                                      | CUSIP: 73358WTW4<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10026801.00  | 0.52%             | 2034-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp. (Laguardia Airport Terminal B Redevelopment)                                                                | New York Transportation Development Corp. (Laguardia Airport Terminal B Redevelopment), Series 2016 A, RB                                              | CUSIP: 650116BG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $913555.60    | 0.05%             | 2041-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Chicago (City of), IL Midway International Airport                                                                                                    | Chicago (City of), IL Midway International Airport, Series 2013 B, Ref. RB                                                                             | CUSIP: 167562ND5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1001490.50   | 0.05%             | 2025-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Louisville (City of) & Jefferson (County of), KY Metropolitan Government (Norton Healthcare, Inc.)                                                    | Louisville (City of) & Jefferson (County of), KY Metropolitan Government (Norton Healthcare, Inc.), Series 2020 A, RB                                  | CUSIP: 54659LCA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1446058.95   | 0.08%             | 2040-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Chicago (City of), IL (O'Hare International Airport)                                                                                                  | Chicago (City of), IL (O'Hare International Airport), Series 2017 D, RB                                                                                | CUSIP: 167593E99<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2079075.00   | 0.11%             | 2033-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California (State of) Statewide Communities Development Authority (University of California - Irvine East Campus Apartments - CHF-Irvine, LLC)        | California (State of) Statewide Communities Development Authority (University of California - Irvine East Campus Apartments - CHF-Irvine, LLC), Series | CUSIP: 13078RGE4<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1282612.13   | 0.07%             | 2032-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Romulus (City of), MI Tax Increment Finance Authority                                                                                                 | Romulus (City of), MI Tax Increment Finance Authority, Series 2016, Ref. RB                                                                            | CUSIP: 776200CX3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1805000 | PA      | $1921633.14   | 0.10%             | 2026-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Clifton Higher Education Finance Corp. (International Leadership of Texas)                                                                            | Clifton Higher Education Finance Corp. (International Leadership of Texas), Series 2015 A, RB                                                          | CUSIP: 187145DN4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $500403.25    | 0.03%             | 2027-08-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Washington (State of) Health Care Facilities Authority (Virginia Mason Medical Center)                                                                | Washington (State of) Health Care Facilities Authority (Virginia Mason Medical Center), Series 2017, Ref. RB                                           | CUSIP: 93978HSR7<br>LEI: 549300ZVPWQIL3N5TL85 | Long             | DBT              | MUN               | US        |   1360000 | PA      | $1383100.01   | 0.07%             | 2037-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pueblo Urban Renewal Authority (Evraz)                                                                                                                | Pueblo Urban Renewal Authority (Evraz), Series 2021 B, RB                                                                                              | CUSIP: 744826AX6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $210146.85    | 0.01%             | 2025-12-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Washington (State of) Housing Finance Commission (Transforming Age)                                                                                   | Washington (State of) Housing Finance Commission (Transforming Age), Series 2019 A, RB                                                                 | CUSIP: 939783YY6<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |   2895000 | PA      | $2499362.93   | 0.13%             | 2039-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Vauxmont Metropolitan District                                                                                                                        | Vauxmont Metropolitan District, Series 2020, Ref. GO Bonds                                                                                             | CUSIP: 92242SBD4<br>LEI: 549300M7XL6MB0OW8D56 | Long             | DBT              | MUN               | US        |    100000 | PA      | $108355.00    | 0.01%             | 2035-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California (State of) Public Finance Authority (Henry Mayo Newhall Hospital)                                                                          | California (State of) Public Finance Authority (Henry Mayo Newhall Hospital), Series 2017, Ref. RB                                                     | CUSIP: 13057EAP9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1070000 | PA      | $1116132.84   | 0.06%             | 2031-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Virginia Beach Development Authority (Westminster-Canterbury on Chesapeake Bay)                                                                       | Virginia Beach Development Authority (Westminster-Canterbury on Chesapeake Bay), Series 2018, Ref. RB                                                  | CUSIP: 92774NAM2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    455000 | PA      | $450077.08    | 0.02%             | 2030-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Detroit (City of), MI Downtown Development Authority (Catalyst Development)                                                                           | Detroit (City of), MI Downtown Development Authority (Catalyst Development), Series 2018 A, Ref. RB                                                    | CUSIP: 251135GJ2<br>LEI: 549300WO3NSMP6FECO66 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2053405.60   | 0.11%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fulton (County of), GA Development Authority (Wellstar Health System, Inc.)                                                                           | Fulton (County of), GA Development Authority (Wellstar Health System, Inc.), Series 2017, RAC                                                          | CUSIP: 36005GAR4<br>LEI: 549300533NJL38F4K144 | Long             | DBT              | MUN               | US        |   1870000 | PA      | $1955826.08   | 0.10%             | 2033-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Washington                                                                                                                                   | State of Washington, Series 2021, GO Bonds                                                                                                             | CUSIP: 93974EDL7<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1689289.35   | 0.09%             | 2035-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ohio (State of)                                                                                                                                       | Ohio (State of), Series 2020 A, Ref. RB                                                                                                                | CUSIP: 67756CDZ8<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |    900000 | PA      | $960796.35    | 0.05%             | 2035-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York (State of) Dormitory Authority (Ozanam Hall of Queens Nursing Home, Inc.)                                                                    | New York (State of) Dormitory Authority (Ozanam Hall of Queens Nursing Home, Inc.), Series 2006, RB                                                    | CUSIP: 64983Q7K9<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |     30000 | PA      | $30528.66     | 0.00%             | 2026-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Montgomery (County of), PA Higher Education & Health Authority (Thomas Jefferson University)                                                          | Montgomery (County of), PA Higher Education & Health Authority (Thomas Jefferson University), Series 2018 A, Ref. RB                                   | CUSIP: 613603YM5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3793956.95   | 0.20%             | 2030-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Burleigh (County of), ND (University of Mary)                                                                                                         | Burleigh (County of), ND (University of Mary), Series 2016, RB                                                                                         | CUSIP: 12139LAB8<br>LEI: 549300O9YPNGKFXM8354 | Long             | DBT              | MUN               | US        |   2815000 | PA      | $2727320.07   | 0.14%             | 2036-04-15      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| Pennsylvania (Commonwealth of) Economic Development Financing Authority (UPMC)                                                                        | Pennsylvania (Commonwealth of) Economic Development Financing Authority (UPMC), Series 2021 A, Ref. RB                                                 | CUSIP: 70870JDF2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1126271.64   | 0.06%             | 2040-10-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Lee (County of), FL                                                                                                                                   | Lee (County of), FL, Series 2021 B, RB                                                                                                                 | CUSIP: 523470HA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5324665.50   | 0.28%             | 2035-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| St. James (Parish of), LA (Nustar Logistics, L.P.)                                                                                                    | St. James (Parish of), LA (Nustar Logistics, L.P.), Series 2008, RB                                                                                    | CUSIP: 790103AU9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2700000 | PA      | $2883801.69   | 0.15%             | 2038-06-01      | Variable      | 6.10%                 | No            |                  2 | On Loan: No      |
| Pennsylvania (Commonwealth of) Turnpike Commission                                                                                                    | Pennsylvania (Commonwealth of) Turnpike Commission, Series 2016 A-1, RB                                                                                | CUSIP: 709224MX4<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1023084.50   | 0.05%             | 2041-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Baltimore (City of), MD (Convention Center Hotel)                                                                                                     | Baltimore (City of), MD (Convention Center Hotel), Series 2017, Ref. RB                                                                                | CUSIP: 05921PBZ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1105000 | PA      | $1082675.02   | 0.06%             | 2033-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp. (American Airlines, Inc. John F. Kennedy International Airport)                                             | New York Transportation Development Corp. (American Airlines, Inc. John F. Kennedy International Airport), Series 2020, Ref. RB                        | CUSIP: 650116CW4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1012761.50   | 0.05%             | 2036-08-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Buckeye Tobacco Settlement Financing Authority                                                                                                        | Buckeye Tobacco Settlement Financing Authority, Series 2020, RB                                                                                        | CUSIP: 118217CU0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8310000 | PA      | $7833525.38   | 0.41%             | 2038-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York (State of) Dormitory Authority                                                                                                               | New York (State of) Dormitory Authority, Series 2019 A, Ref. RB                                                                                        | CUSIP: 64990FKU7<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3267219.60   | 0.17%             | 2037-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Philadelphia School District (The)                                                                                                                    | Philadelphia School District (The), Series 2007 A, Ref. GO Bonds                                                                                       | CUSIP: 717883ER9<br>LEI: 254900HSKDHZKBZCUL90 | Long             | DBT              | MUN               | US        |   2400000 | PA      | $2508711.36   | 0.13%             | 2025-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago (City of), IL (83rd/Stewart Redevelopment)                                                                                                    | Chicago (City of), IL (83rd/Stewart Redevelopment), Series 2013, COP                                                                                   | CUSIP: 16752QAQ1<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |    928713 | PA      | $928838.57    | 0.05%             | 2029-01-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania (Commonwealth of) Turnpike Commission                                                                                                    | Pennsylvania (Commonwealth of) Turnpike Commission, Series 2021 A, RB                                                                                  | CUSIP: 709225AY2<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |   6500000 | PA      | $5092886.50   | 0.26%             | 2042-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Chester (County of), PA Health & Education Facilities Authority (Simpson Senior Services)                                                             | Chester (County of), PA Health & Education Facilities Authority (Simpson Senior Services), Series 2015 A, Ref. RB                                      | CUSIP: 165579EW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1263485.86   | 0.07%             | 2045-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New York City Housing Development Corp. (Sustainable Development)                                                                                     | New York City Housing Development Corp. (Sustainable Development), Series 2022 A, RB                                                                   | CUSIP: 64966WGS0<br>LEI: 549300SQWVHKBRF8D702 | Long             | DBT              | MUN               | US        |   2150000 | PA      | $1719173.76   | 0.09%             | 2037-08-01      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| Arlington Higher Education Finance Corp. (UME Preparatory Academy)                                                                                    | Arlington Higher Education Finance Corp. (UME Preparatory Academy), Series 2017 A, RB                                                                  | CUSIP: 041806PR5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    120000 | PA      | $116778.72    | 0.01%             | 2028-08-15      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| North Carolina (State of) Turnpike Authority                                                                                                          | North Carolina (State of) Turnpike Authority, Series 2017, Ref. RB                                                                                     | CUSIP: 65830RBK4<br>LEI: 549300FCT1PN0GJGQ240 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1332682.38   | 0.07%             | 2031-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts (State of) Development Finance Agency (SpringField College)                                                                             | Massachusetts (State of) Development Finance Agency (SpringField College), Series 2021 B, Ref. RB                                                      | CUSIP: 57584YX61<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1925467.20   | 0.10%             | 2035-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Connecticut (State of) Health & Educational Facilities Authority                                                                                      | Connecticut (State of) Health & Educational Facilities Authority, Series 2020 A, RB                                                                    | CUSIP: 20775DEW8<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |   1510000 | PA      | $1606505.91   | 0.08%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pottsboro Higher Education Finance Corp. (Imagine International Academy of North Texas LLC)                                                           | Pottsboro Higher Education Finance Corp. (Imagine International Academy of North Texas LLC), Series 2016 A, RB                                         | CUSIP: 738222AE8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1960000 | PA      | $1868189.48   | 0.10%             | 2036-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Plaza Metropolitan District No. 1                                                                                                                     | Plaza Metropolitan District No. 1, Series 2013, Ref. RB                                                                                                | CUSIP: 72818QAS2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000000.00   | 0.05%             | 2022-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California (State of) Housing Finance Agency                                                                                                          | California (State of) Housing Finance Agency, Series 2021 A, RB                                                                                        | CUSIP: 13033DAJ4<br>LEI: 549300BOPCVLBA552Z14 | Long             | DBT              | MUN               | US        |   3447298 | PA      | $2979209.69   | 0.15%             | 2036-08-20      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| St. Tammany (Parish of), LA Public Trust Financing Authority (Christwood)                                                                             | St. Tammany (Parish of), LA Public Trust Financing Authority (Christwood), Series 2015, Ref. RB                                                        | CUSIP: 793499BB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    530000 | PA      | $532051.58    | 0.03%             | 2024-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of Connecticut                                                                                                                             | University of Connecticut, Series 2017 A, RB                                                                                                           | CUSIP: 914233K83<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5402196.00   | 0.28%             | 2030-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Montgomery (County of), OH Hospital Facilities (Premier Health Partners Obligated Group)                                                              | Montgomery (County of), OH Hospital Facilities (Premier Health Partners Obligated Group), Series 2019 A, Ref. RB                                       | CUSIP: 613520MC6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1563420.30   | 0.08%             | 2034-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Decatur (City of), TX Hospital Authority (Wise Regional Health System)                                                                                | Decatur (City of), TX Hospital Authority (Wise Regional Health System), Series 2014 A, Ref. RB                                                         | CUSIP: 243323BT8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $152078.46    | 0.01%             | 2023-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority                                                                                                 | Pennsylvania Economic Development Financing Authority, Series 2021, RB                                                                                 | CUSIP: 70869PNG8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1600000 | PA      | $1532150.72   | 0.08%             | 2030-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Vauxmont Metropolitan District                                                                                                                        | Vauxmont Metropolitan District, Series 2020, Ref. GO Bonds                                                                                             | CUSIP: 92242SBA0<br>LEI: 549300M7XL6MB0OW8D56 | Long             | DBT              | MUN               | US        |    250000 | PA      | $274969.73    | 0.01%             | 2032-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Austin Convention Enterprises, Inc.                                                                                                                   | Austin Convention Enterprises, Inc., Series 2017, Ref. RB                                                                                              | CUSIP: 052409EF2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1075000 | PA      | $1065745.43   | 0.06%             | 2032-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Capital Trust Agency, Inc. (H-Bay Ministries, Inc.- Superior Residences)                                                                              | Capital Trust Agency, Inc. (H-Bay Ministries, Inc.- Superior Residences), Series 2018 B, RB                                                            | CUSIP: 140542BN0<br>LEI: 549300F49UWS7X0OGQ59 | Long             | DBT              | MUN               | US        |    500000 | PA      | $90000.00     | 0.00%             | 2038-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| East Hempfield (Township of), PA IDA (Student Services, Inc. Student Housing Project at Millersville University of Pennsylvania)                      | East Hempfield (Township of), PA IDA (Student Services, Inc. Student Housing Project at Millersville University of Pennsylvania), Series 2015, RB      | CUSIP: 273007BM5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    230000 | PA      | $238264.38    | 0.01%             | 2025-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kalamazoo Economic Development Corp. (Heritage Community of Kalamazoo)                                                                                | Kalamazoo Economic Development Corp. (Heritage Community of Kalamazoo), Series 2019, Ref. RB                                                           | CUSIP: 483228DW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2010000 | PA      | $1749767.51   | 0.09%             | 2042-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Woodbury (City of), MN Housing & Redevelopment Authority (St. Therese of Woodbury)                                                                    | Woodbury (City of), MN Housing & Redevelopment Authority (St. Therese of Woodbury), Series 2014, RB                                                    | CUSIP: 979141AF5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    490000 | PA      | $490000.00    | 0.03%             | 2022-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Imperial (County of), CA Local Transportation Authority                                                                                               | Imperial (County of), CA Local Transportation Authority, Series 2022 B, Ref. RB                                                                        | CUSIP: 45272EFH3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7220000 | PA      | $7857900.72   | 0.41%             | 2032-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Tahoe Joint Powers Financing Authority (South Tahoe Redevelopment Project Area No. 1)                                                           | South Tahoe Joint Powers Financing Authority (South Tahoe Redevelopment Project Area No. 1), Series 2015 A, Ref. RB                                    | CUSIP: 84049BHY1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2080000 | PA      | $2158418.50   | 0.11%             | 2028-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Liberty Development Corp. (Goldman Sachs Headquarters)                                                                                       | New York Liberty Development Corp. (Goldman Sachs Headquarters), Series 2007, RB                                                                       | CUSIP: 531127CM8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2660000 | PA      | $2978350.93   | 0.15%             | 2037-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Puerto Rico (Commonwealth of) Industrial, Tourist, Educational, Medical & Environmental Control Facilities Financing Authority (University Plaza)     | Puerto Rico (Commonwealth of) Industrial, Tourist, Educational, Medical & Environmental Control Facilities Financing Authority (University Plaza), Ser | CUSIP: 74528NAU1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1340000 | PA      | $1308760.58   | 0.07%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Corona-Norco Unified School District (Community Facilities District No. 98-1)                                                                         | Corona-Norco Unified School District (Community Facilities District No. 98-1), Series 2013, Ref. RB                                                    | CUSIP: 219766KU5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1018930.50   | 0.05%             | 2023-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Adelanto (City of), CA Public Utility Authority                                                                                                       | Adelanto (City of), CA Public Utility Authority, Series 2017 A, Ref. RB                                                                                | CUSIP: 006797BT0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $329046.54    | 0.02%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority                                                                                                                 | Metropolitan Transportation Authority, Series 2015 A-2, RB                                                                                             | CUSIP: 59261AG68<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3175847.70   | 0.16%             | 2045-11-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey (State of) Economic Development Authority (Paterson Charter School for Science and Technology, Inc.)                                       | New Jersey (State of) Economic Development Authority (Paterson Charter School for Science and Technology, Inc.), Series 2012 C, RB                     | CUSIP: 645918S79<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |    475000 | PA      | $471060.16    | 0.02%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| St. Paul (City of), MN Housing & Redevelopment Authority (High School for Recording Arts)                                                             | St. Paul (City of), MN Housing & Redevelopment Authority (High School for Recording Arts), Series 2015, RB                                             | CUSIP: 852297BA7<br>LEI: 549300FQCUW4VH929113 | Long             | DBT              | MUN               | US        |     70000 | PA      | $69834.72     | 0.00%             | 2023-10-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Decatur (City of), TX Hospital Authority (Wise Regional Health System)                                                                                | Decatur (City of), TX Hospital Authority (Wise Regional Health System), Series 2014 A, Ref. RB                                                         | CUSIP: 243323BU5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    265000 | PA      | $272992.69    | 0.01%             | 2024-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York (State of) Thruway Authority                                                                                                                 | New York (State of) Thruway Authority, Series 2018 L, Ref. RB                                                                                          | CUSIP: 650009P72<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $548951.25    | 0.03%             | 2030-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California (State of) Public Finance Authority (Enso Village) (Green Bonds)                                                                           | California (State of) Public Finance Authority (Enso Village) (Green Bonds), Series 2021, RB                                                           | CUSIP: 13057GAF6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1050000 | PA      | $967766.63    | 0.05%             | 2028-11-15      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| Medford (City of), OR Hospital Facilities Authority (Asante)                                                                                          | Medford (City of), OR Hospital Facilities Authority (Asante), Series 2020 A, Ref. RB                                                                   | CUSIP: 584283GY5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1079885.84   | 0.06%             | 2039-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Illinois (State of) Finance Authority (University of Chicago)                                                                                         | Illinois (State of) Finance Authority (University of Chicago), Series 2021 A, Ref. RB                                                                  | CUSIP: 45204FGZ2<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   1600000 | PA      | $1828888.00   | 0.09%             | 2036-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington (State of) Health Care Facilities Authority (Catholic Health Initiatives)                                                                  | Washington (State of) Health Care Facilities Authority (Catholic Health Initiatives), Series 2013, RB                                                  | CUSIP: 93978HMK8<br>LEI: 549300ZVPWQIL3N5TL85 | Long             | DBT              | MUN               | US        |   3350000 | PA      | $3365928.25   | 0.17%             | 2035-01-01      | Floating      | 3.30%                 | No            |                  2 | On Loan: No      |
| New Orleans (City of), LA                                                                                                                             | New Orleans (City of), LA, Series 2015, RB                                                                                                             | CUSIP: 647753LN0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1864442.83   | 0.10%             | 2031-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| El Dorado (County of), CA (Community Facilities District No. 1992-1 - El Dorado Hills Development)                                                    | El Dorado (County of), CA (Community Facilities District No. 1992-1 - El Dorado Hills Development), Series 2012, Ref. RB                               | CUSIP: 283113ED6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    495000 | PA      | $495950.30    | 0.03%             | 2024-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                                                                                             | Indiana Finance Authority, Series 2021, RB                                                                                                             | CUSIP: 45505MJV9<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   5075000 | PA      | $5131516.72   | 0.27%             | 2039-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New Orleans (City of), LA                                                                                                                             | New Orleans (City of), LA, Series 2015, RB                                                                                                             | CUSIP: 647753LM2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $532697.95    | 0.03%             | 2030-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                                                                                                   | City of New York NY, Series 2020, GO Bonds                                                                                                             | CUSIP: 64966QQC7<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4960219.00   | 0.26%             | 2040-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Imperial (County of), CA Local Transportation Authority                                                                                               | Imperial (County of), CA Local Transportation Authority, Series 2022 A, Ref. RB                                                                        | CUSIP: 45272EFG5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3800000 | PA      | $4135898.34   | 0.21%             | 2032-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kansas City (City of), MO Industrial Development Authority (Ward Parkway Center Community Improvement District)                                       | Kansas City (City of), MO Industrial Development Authority (Ward Parkway Center Community Improvement District), Series 2016 A, Ref. RB                | CUSIP: 48503VAG7<br>LEI: 549300QWDXL46XQC8110 | Long             | DBT              | MUN               | US        |     15000 | PA      | $14466.34     | 0.00%             | 2026-04-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Miami-Dade (County of), FL                                                                                                                            | Miami-Dade (County of), FL, Subseries 2021 A-1, Ref. RB                                                                                                | CUSIP: 59335KDD6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2815139.70   | 0.15%             | 2040-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Lake Helen (City of), FL (Ivy Hawn Charter School of the Arts)                                                                                        | Lake Helen (City of), FL (Ivy Hawn Charter School of the Arts), Series 2018 A, RB                                                                      | CUSIP: 509893AA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    485000 | PA      | $476019.35    | 0.02%             | 2028-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Allentown (City of), PA Neighborhood Improvement Zone Development Authority (City Center)                                                             | Allentown (City of), PA Neighborhood Improvement Zone Development Authority (City Center), Series 2018, RB                                             | CUSIP: 018444BB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3795000 | PA      | $3665542.30   | 0.19%             | 2033-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California (State of) Public Finance Authority (Enso Village)                                                                                         | California (State of) Public Finance Authority (Enso Village), Series 2021 B-3, RB                                                                     | CUSIP: 13057GAG4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2140000 | PA      | $1989643.60   | 0.10%             | 2027-11-15      | Fixed         | 2.12%                 | No            |                  2 | On Loan: No      |
| Pima (County of), AZ Industrial Development Authority (Desert Heights Charter School)                                                                 | Pima (County of), AZ Industrial Development Authority (Desert Heights Charter School), Series 2014, Ref. RB                                            | CUSIP: 72177MQA8<br>LEI: 549300QDTQ25545R4K19 | Long             | DBT              | MUN               | US        |    175000 | PA      | $177471.07    | 0.01%             | 2024-05-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico (Commonwealth of) Electric Power Authority                                                                                                | Puerto Rico (Commonwealth of) Electric Power Authority, Series 2008 WW, RB                                                                             | CUSIP: 74526QVE9<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |   3500000 | PA      | $2611875.00   | 0.14%             | 2038-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority                                                                                                                 | Metropolitan Transportation Authority, Subseries 2015 C-1, Ref. RB                                                                                     | CUSIP: 59259Y6F1<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2577733.75   | 0.13%             | 2031-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Iowa (State of) Finance Authority (Iowa Fertilizer Co.)                                                                                               | Iowa (State of) Finance Authority (Iowa Fertilizer Co.), Series 2022, Ref. RB                                                                          | CUSIP: 46246SAW5<br>LEI: 549300NQVL49BTHOW391 | Long             | DBT              | MUN               | US        |   5350000 | PA      | $5066254.19   | 0.26%             | 2050-12-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| Golden State Tobacco Securitization Corp.                                                                                                             | Golden State Tobacco Securitization Corp., Series 2005 A, RB                                                                                           | CUSIP: 38122NGM8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     55000 | PA      | $47025.00     | 0.00%             | 2028-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| New Orleans (City of), LA                                                                                                                             | New Orleans (City of), LA, Series 2015, RB                                                                                                             | CUSIP: 647719NW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1050000 | PA      | $1109220.32   | 0.06%             | 2033-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port of Seattle WA                                                                                                                                    | Port of Seattle WA, Series 2022, RB                                                                                                                    | CUSIP: 735389V47<br>LEI: 549300T9UCDUJ3GZL429 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3181436.40   | 0.17%             | 2038-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kansas City (City of), MO Industrial Development Authority (Kansas City International Airport)                                                        | Kansas City (City of), MO Industrial Development Authority (Kansas City International Airport), Series 2019 B, RB                                      | CUSIP: 48504NAX7<br>LEI: 549300QWDXL46XQC8110 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1050644.30   | 0.05%             | 2035-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Mississippi (State of) Hospital Equipment & Facilities Authority (Forrest Co. General Hospital)                                                       | Mississippi (State of) Hospital Equipment & Facilities Authority (Forrest Co. General Hospital), Series 2019 B, Ref. RB                                | CUSIP: 605360TE6<br>LEI: 549300DW2GVUIGE04396 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1075283.30   | 0.06%             | 2029-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois (State of) Finance Authority (University of Illinois Health Services)                                                                        | Illinois (State of) Finance Authority (University of Illinois Health Services), Series 2020, RB                                                        | CUSIP: 452031AK3<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    750000 | PA      | $790243.05    | 0.04%             | 2032-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Jersey Transportation Authority                                                                                                                 | South Jersey Transportation Authority, Series 2014 A, Ref. RB                                                                                          | CUSIP: 838536GY0<br>LEI: 549300W8SZI2CAOKT956 | Long             | DBT              | MUN               | US        |    500000 | PA      | $514997.70    | 0.03%             | 2028-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California (State of) Housing Finance Agency                                                                                                          | California (State of) Housing Finance Agency, Series 2021-1, Class A, Ctfs.                                                                            | CUSIP: 13033DAE5<br>LEI: 549300BOPCVLBA552Z14 | Long             | DBT              | MUN               | US        |   4878332 | PA      | $4402453.02   | 0.23%             | 2035-11-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Tarrant County Cultural Education Facilities Finance Corp.                                                                                            | Tarrant County Cultural Education Facilities Finance Corp., Series 2014, RB                                                                            | CUSIP: 87638TEW9<br>LEI: 549300ROY505NVTMMI25 | Long             | DBT              | MUN               | US        |   5125000 | PA      | $5125499.18   | 0.27%             | 2049-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts (Commonwealth of)                                                                                                                       | Massachusetts (Commonwealth of), Series 2005, Ref. RB                                                                                                  | CUSIP: 576002BP3<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3529559.40   | 0.18%             | 2034-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| New Jersey (State of) Transportation Trust Fund Authority                                                                                             | New Jersey (State of) Transportation Trust Fund Authority, Series 2018 A, Ref. RN                                                                      | CUSIP: 6461363C3<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2529389.25   | 0.13%             | 2023-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Orleans (City of), LA                                                                                                                             | New Orleans (City of), LA, Series 2015, RB                                                                                                             | CUSIP: 647753LP5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1065395.90   | 0.06%             | 2032-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tobacco Settlement Financing Corp.                                                                                                                    | Tobacco Settlement Financing Corp., Series 2015 A, Ref. RB                                                                                             | CUSIP: 888809AZ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    900000 | PA      | $923908.05    | 0.05%             | 2027-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Springfield (City of), IL                                                                                                                             | Springfield (City of), IL, Series 2015, Ref. RB                                                                                                        | CUSIP: 850578TR6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3604319.60   | 0.19%             | 2033-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Shelby (County of), TN Health, Educational & Housing Facilities Board (Trezevant Manor)                                                               | Shelby (County of), TN Health, Educational & Housing Facilities Board (Trezevant Manor), Series 2016 A, Ref. RB                                        | CUSIP: 821697Q36<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $621616.28    | 0.03%             | 2037-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey (State of) Health Care Facilities Financing Authority (Princeton HealthCare System)                                                        | New Jersey (State of) Health Care Facilities Financing Authority (Princeton HealthCare System), Series 2016, Ref. RB                                   | CUSIP: 64579F8F3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1283095.92   | 0.07%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico (Commonwealth of) Industrial, Tourist, Educational, Medical & Environmental Control Facilities Financing Auth (Hospital Auxilio Mutuo)    | Puerto Rico (Commonwealth of) Industrial, Tourist, Educational, Medical & Environmental Control Facilities Financing Authority (Hospital Auxilio Mutuo | CUSIP: 74527EFN3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    450000 | PA      | $489259.35    | 0.03%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp. (Delta Air Lines, Inc. LaGuardia Airport Terminal C&D Redevelopment)                                        | New York Transportation Development Corp. (Delta Air Lines, Inc. LaGuardia Airport Terminal C&D Redevelopment), Series 2018, RB                        | CUSIP: 650116CP9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    960000 | PA      | $964825.92    | 0.05%             | 2036-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Cleveland (City of) & Cuyahoga (County of), OH Port Authority (Constellation Schools)                                                                 | Cleveland (City of) & Cuyahoga (County of), OH Port Authority (Constellation Schools), Series 2014 A, Ref. RB                                          | CUSIP: 18610RBD5<br>LEI: 549300KI3FXFLUKF3A98 | Long             | DBT              | MUN               | US        |    180000 | PA      | $180164.93    | 0.01%             | 2024-01-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Seattle (Port of), WA                                                                                                                                 | Seattle (Port of), WA, Series 2019, RB                                                                                                                 | CUSIP: 735389H27<br>LEI: 549300T9UCDUJ3GZL429 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2132786.00   | 0.11%             | 2032-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Interquest South Business Improvement District                                                                                                        | Interquest South Business Improvement District, Series 2017, GO Bonds                                                                                  | CUSIP: 46072EAA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    180000 | PA      | $166608.14    | 0.01%             | 2030-12-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Illinois (State of) Metropolitan Pier & Exposition Authority (McCormick Place Expansion)                                                              | Illinois (State of) Metropolitan Pier & Exposition Authority (McCormick Place Expansion), Series 2002, RB                                              | CUSIP: 592247J92<br>LEI: 254900I3VDCQ58UGBR15 | Long             | DBT              | MUN               | US        |  13490000 | PA      | $8709297.79   | 0.45%             | 2032-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Illinois (State of) Finance Authority (Centegra Health System)                                                                                        | Illinois (State of) Finance Authority (Centegra Health System), Series 2014 A, RB                                                                      | CUSIP: 45203HZL9<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1039508.40   | 0.05%             | 2026-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Vauxmont Metropolitan District                                                                                                                        | Vauxmont Metropolitan District, Series 2019, Ref. GO Bonds                                                                                             | CUSIP: 92242SAL7<br>LEI: 549300M7XL6MB0OW8D56 | Long             | DBT              | MUN               | US        |    135000 | PA      | $144631.97    | 0.01%             | 2031-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority (Green Bonds)                                                                                                   | Metropolitan Transportation Authority (Green Bonds), Series 2016 A-2, Ref. RB                                                                          | CUSIP: 59261ADH7<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |   1360000 | PA      | $1399490.32   | 0.07%             | 2024-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp. (Terminal 4 JFK International Airport)                                                                      | New York Transportation Development Corp. (Terminal 4 JFK International Airport), Series 2020, Ref. RB                                                 | CUSIP: 650116EJ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1060407.90   | 0.06%             | 2029-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York & New Jersey (States of) Port Authority                                                                                                      | New York & New Jersey (States of) Port Authority, Two Hundred Second Series 2017, Ref. RB                                                              | CUSIP: 73358WK29<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3115660.20   | 0.16%             | 2035-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Westpark Community Facility District                                                                                                                  | Westpark Community Facility District, Series 2016, Ref. GO Bonds                                                                                       | CUSIP: 96122EAU4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2048379.40   | 0.11%             | 2032-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maryland Economic Development Corp.                                                                                                                   | Maryland Economic Development Corp., Series 2020, RB                                                                                                   | CUSIP: 57422FAE6<br>LEI: 549300JJ16DDBSZWSN94 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2152284.75   | 0.11%             | 2040-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Lake Elsinore (City of), CA Public Financing Authority                                                                                                | Lake Elsinore (City of), CA Public Financing Authority, Series 2015, Ref. RB                                                                           | CUSIP: 509632MW2<br>LEI: 549300C5MCDOVNPOX172 | Long             | DBT              | MUN               | US        |   2115000 | PA      | $2204389.63   | 0.11%             | 2028-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Great Lakes Water Authority                                                                                                                           | Great Lakes Water Authority, Series 2018 B, Ref. RB                                                                                                    | CUSIP: 39081HBZ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3335734.20   | 0.17%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority (Wingate University)                                                                                                         | Public Finance Authority (Wingate University), Series 2018 A, Ref. RB                                                                                  | CUSIP: 74443DEV9<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1013430.00   | 0.05%             | 2038-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Salt Lake (City of), UT                                                                                                                               | Salt Lake (City of), UT, Series 2018 B, RB                                                                                                             | CUSIP: 795576JB4<br>LEI: 549300CRGKV67DRSGT85 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1055666.90   | 0.05%             | 2038-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California (State of) Municipal Finance Authority (Emerson College)                                                                                   | California (State of) Municipal Finance Authority (Emerson College), Series 2011, RB                                                                   | CUSIP: 13048T6L2<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    270000 | PA      | $270330.86    | 0.01%             | 2028-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pima (County of), AZ Industrial Development Authority (American Leadership Academy)                                                                   | Pima (County of), AZ Industrial Development Authority (American Leadership Academy), Series 2021, RB                                                   | CUSIP: 72177MUB1<br>LEI: 549300QDTQ25545R4K19 | Long             | DBT              | MUN               | US        |    740000 | PA      | $587047.48    | 0.03%             | 2041-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin (State of) Public Finance Authority (Wittenberg University)                                                                                 | Wisconsin (State of) Public Finance Authority (Wittenberg University), Series 2016, RB                                                                 | CUSIP: 74445FAE4<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   2900000 | PA      | $2844257.94   | 0.15%             | 2024-12-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| New Hope Cultural Education Facilities Finance Corp. (CHF-Collegiate Housing Corpus Christi II, LLC - Texas A&M University-Corpus Christi)            | New Hope Cultural Education Facilities Finance Corp. (CHF-Collegiate Housing Corpus Christi II, LLC - Texas A&M University-Corpus Christi), Series 201 | CUSIP: 64542RDY4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    670000 | PA      | $716016.34    | 0.04%             | 2031-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maryland (State of) Health & Higher Educational Facilities Authority (Stevenson University)                                                           | Maryland (State of) Health & Higher Educational Facilities Authority (Stevenson University), Series 2021, Ref. RB                                      | CUSIP: 57421CCC6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    450000 | PA      | $420772.01    | 0.02%             | 2036-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Tennessee Energy Acquisition Corp.                                                                                                                    | Tennessee Energy Acquisition Corp., Series 2018, RB                                                                                                    | CUSIP: 880443JE7<br>LEI: 549300OJ2Z8PGEY46K92 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1991224.20   | 0.10%             | 2049-11-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| University of Connecticut                                                                                                                             | University of Connecticut, Series 2016 A, RB                                                                                                           | CUSIP: 914233F71<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2940000 | PA      | $3122353.21   | 0.16%             | 2032-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin (State of) Public Finance Authority (Explore Academy)                                                                                       | Wisconsin (State of) Public Finance Authority (Explore Academy), Series 2020 A, RB                                                                     | CUSIP: 74443DFU0<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    500000 | PA      | $447985.85    | 0.02%             | 2039-02-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Columbus (City of) & Franklin (County of), OH Finance Authority (Easton)                                                                              | Columbus (City of) & Franklin (County of), OH Finance Authority (Easton), Series 2020, RB                                                              | CUSIP: 19910VAA8<br>LEI: 549300NX3ODQN2ETOO82 | Long             | DBT              | MUN               | US        |   4295000 | PA      | $4275528.62   | 0.22%             | 2028-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago (City of), IL                                                                                                                                 | Chicago (City of), IL, Series 2004, RB                                                                                                                 | CUSIP: 167736E29<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3121160.70   | 0.16%             | 2028-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Philadelphia School District (The)                                                                                                                    | Philadelphia School District (The), Series 2018 A, GO Bonds                                                                                            | CUSIP: 717883US9<br>LEI: 254900HSKDHZKBZCUL90 | Long             | DBT              | MUN               | US        |    745000 | PA      | $783833.42    | 0.04%             | 2025-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Louisiana (State of) Public Facilities Authority (Archdiocese of New Orleans)                                                                         | Louisiana (State of) Public Facilities Authority (Archdiocese of New Orleans), Series 2017, Ref. RB                                                    | CUSIP: 5463987D4<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |    250000 | PA      | $225000.00    | 0.01%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp. (American Airlines, Inc.)                                                                                   | New York Transportation Development Corp. (American Airlines, Inc.), Series 2016, Ref. RB                                                              | CUSIP: 650116BN5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1500101.40   | 0.08%             | 2026-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Military Installation Development Authority                                                                                                           | Military Installation Development Authority, Series 2021 A-1, RB                                                                                       | CUSIP: 599772AB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $799378.00    | 0.04%             | 2041-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts (Commonwealth of) Department of Transportation (Contract Assistance)                                                                    | Massachusetts (Commonwealth of) Department of Transportation (Contract Assistance), Series 2018 A, Ref. RB                                             | CUSIP: 57563CDH2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    495000 | PA      | $558159.97    | 0.03%             | 2029-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arlington Higher Education Finance Corp. (Universal Academy)                                                                                          | Arlington Higher Education Finance Corp. (Universal Academy), Series 2014 A, RB                                                                        | CUSIP: 041806AL4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    140000 | PA      | $141260.83    | 0.01%             | 2024-03-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Greeneville (Town of), TN Health & Educational Facilities Board (Ballad Health Obligated Group)                                                       | Greeneville (Town of), TN Health & Educational Facilities Board (Ballad Health Obligated Group), Series 2018 A, Ref. RB                                | CUSIP: 396649ES0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3010727.70   | 0.16%             | 2034-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Hawaii (State of) Department of Budget & Finance                                                                                                      | Hawaii (State of) Department of Budget & Finance, Series 2019, Ref. RB                                                                                 | CUSIP: 419800LY1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1655000 | PA      | $1349175.69   | 0.07%             | 2039-07-01      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| Iowa (State of) Finance Authority (PHS Council Bluffs, Inc.)                                                                                          | Iowa (State of) Finance Authority (PHS Council Bluffs, Inc.), Series 2018, RB                                                                          | CUSIP: 46245FAM6<br>LEI: 549300NQVL49BTHOW391 | Long             | DBT              | MUN               | US        |    125000 | PA      | $115632.61    | 0.01%             | 2028-08-01      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| Harris (County of) & Houston (City of), TX Sports Authority                                                                                           | Harris (County of) & Houston (City of), TX Sports Authority, Series 2014 A, Ref. RB                                                                    | CUSIP: 413890DE1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1029948.00   | 0.05%             | 2030-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Children's Trust Fund                                                                                                                                 | Children's Trust Fund, Series 2002, RB                                                                                                                 | CUSIP: 16876QBE8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     55000 | PA      | $55017.44     | 0.00%             | 2033-05-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| El Centro (City of), CA Financing Authority (El Centro California Redevelopment)                                                                      | El Centro (City of), CA Financing Authority (El Centro California Redevelopment), Series 2011, RB                                                      | CUSIP: 282833AQ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $75240.10     | 0.00%             | 2025-11-01      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| City of Philadelphia PA Airport Revenue                                                                                                               | City of Philadelphia PA Airport Revenue, Series 2020, RB                                                                                               | CUSIP: 717817VD9<br>LEI: 549300IVFOPB4AG7UL47 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4885686.50   | 0.25%             | 2039-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New Jersey (State of) Health Care Facilities Financing Authority (Princeton Healthcare System)                                                        | New Jersey (State of) Health Care Facilities Financing Authority (Princeton Healthcare System), Series 2016, Ref. RB                                   | CUSIP: 64579F8H9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1067138.10   | 0.06%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Miami-Dade (County of), FL                                                                                                                            | Miami-Dade (County of), FL, Subseries 2021 A-1, Ref. RB                                                                                                | CUSIP: 59335KDC8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3395613.55   | 0.18%             | 2039-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts School Building Authority                                                                                                               | Massachusetts School Building Authority, Series 2018, RB                                                                                               | CUSIP: 576000WH2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1685000 | PA      | $1685457.31   | 0.09%             | 2041-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Manatee (County of), FL School District                                                                                                               | Manatee (County of), FL School District, Series 2017, RB                                                                                               | CUSIP: 56185PCG6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1082329.90   | 0.06%             | 2029-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kentucky (Commonwealth of) Public Energy Authority                                                                                                    | Kentucky (Commonwealth of) Public Energy Authority, Series 2018 B, RB                                                                                  | CUSIP: 74440DBD5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1994796.80   | 0.10%             | 2049-01-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| Chicago (City of), IL Board of Education                                                                                                              | Chicago (City of), IL Board of Education, Series 2018 A, Ref. GO Bonds                                                                                 | CUSIP: 167505UG9<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1306176.25   | 0.07%             | 2031-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Dulles Town Center Community Development Authority (Dulles Town Center)                                                                               | Dulles Town Center Community Development Authority (Dulles Town Center), Series 2012, Ref. RB                                                          | CUSIP: 264431AM9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $676265.10    | 0.04%             | 2026-03-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Maryland (State of) Health & Higher Educational Facilities Authority (Stevenson University)                                                           | Maryland (State of) Health & Higher Educational Facilities Authority (Stevenson University), Series 2021, Ref. RB                                      | CUSIP: 57421CBY9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $423980.36    | 0.02%             | 2032-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago (City of), IL (O'Hare International Airport)                                                                                                  | Chicago (City of), IL (O'Hare International Airport), Series 2017 D, RB                                                                                | CUSIP: 167593E81<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1041128.40   | 0.05%             | 2032-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Children's Trust Fund                                                                                                                                 | Children's Trust Fund, Series 2002, RB                                                                                                                 | CUSIP: 16876QBG3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4215000 | PA      | $4216133.84   | 0.22%             | 2043-05-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Massachusetts (Commonwealth of) Development Finance Agency (Newbridge Charles, Inc.)                                                                  | Massachusetts (Commonwealth of) Development Finance Agency (Newbridge Charles, Inc.), Series 2017, Ref. RB                                             | CUSIP: 57584X4L2<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1548575.85   | 0.08%             | 2037-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Evan's Place Metropolitan District                                                                                                                    | Evan's Place Metropolitan District, Series 2020 MDD, GO Bonds                                                                                          | CUSIP: 299192AA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1050000 | PA      | $970191.81    | 0.05%             | 2040-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Providence (City of), RI Public Building Authority (Various Capital)                                                                                  | Providence (City of), RI Public Building Authority (Various Capital), Series 2011 A, RB                                                                | CUSIP: 74381MAG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    410000 | PA      | $411111.72    | 0.02%             | 2026-06-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Puerto Rico (Commonwealth of)                                                                                                                         | Puerto Rico (Commonwealth of), Series 2021 A1, GO Bonds                                                                                                | CUSIP: 74514L3H8<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |   1419102 | PA      | $1454664.55   | 0.08%             | 2029-07-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Jeffersonville (City of), IN (Vivera Senior Living)                                                                                                   | Jeffersonville (City of), IN (Vivera Senior Living), Series 2020 A, RB                                                                                 | CUSIP: 475666AB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4560000 | PA      | $3688247.93   | 0.19%             | 2040-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Dakota (County of), MN Community Development Agency (Sanctuary at West St. Paul)                                                                      | Dakota (County of), MN Community Development Agency (Sanctuary at West St. Paul), Series 2015, RB                                                      | CUSIP: 23409VEJ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    335000 | PA      | $270246.95    | 0.01%             | 2030-08-01      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| Michigan (State of) Finance Authority                                                                                                                 | Michigan (State of) Finance Authority, Series 2020 B-1, Ref. RB                                                                                        | CUSIP: 59447TL92<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |    810000 | PA      | $808935.58    | 0.04%             | 2049-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan (State of) Finance Authority (Detroit Water & Sewerage Department)                                                                           | Michigan (State of) Finance Authority (Detroit Water & Sewerage Department), Series 2014 D-4, Ref. RB                                                  | CUSIP: 59447PF55<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5149893.00   | 0.27%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp.                                                                                                             | New York Transportation Development Corp., Series 2022, RB                                                                                             | CUSIP: 650116FC5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2145000 | PA      | $2236492.19   | 0.12%             | 2028-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Sales Tax Securitization Corp.                                                                                                                        | Sales Tax Securitization Corp., Series 2018 A, Ref. RB                                                                                                 | CUSIP: 79467BBB0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3196905.60   | 0.17%             | 2031-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp.                                                                                                                 | Puerto Rico Sales Tax Financing Corp., Series 2018 A-1, RB                                                                                             | CUSIP: 74529JQD0<br>LEI: 549300EIUFISISP8X671 | Long             | DBT              | MUN               | US        |  20432000 | PA      | $14864406.68  | 0.77%             | 2029-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin (State of) Health & Educational Facilities Authority (Mercy Alliance)                                                                       | Wisconsin (State of) Health & Educational Facilities Authority (Mercy Alliance), Series 2012, RB                                                       | CUSIP: 97710BW32<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   2450000 | PA      | $2453648.30   | 0.13%             | 2025-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Orleans (City of), LA Aviation Board                                                                                                              | New Orleans (City of), LA Aviation Board, Series 2015 B, RB                                                                                            | CUSIP: 64763HFC4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1805000 | PA      | $1852269.16   | 0.10%             | 2029-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois (State of) Sports Facilities Authority (The)                                                                                                 | Illinois (State of) Sports Facilities Authority (The), Series 2019, Ref. RB                                                                            | CUSIP: 452143FR6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2100000 | PA      | $2201122.56   | 0.11%             | 2028-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Connecticut                                                                                                                                  | State of Connecticut, Series 2019, GO Bonds                                                                                                            | CUSIP: 20772KGC7<br>LEI: 5493007GRO6CU0IKP741 | Long             | DBT              | MUN               | US        |   4150000 | PA      | $4550636.44   | 0.24%             | 2034-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Iowa (State of) Tobacco Settlement Authority                                                                                                          | Iowa (State of) Tobacco Settlement Authority, Series 2021 A-2, Ref. RB                                                                                 | CUSIP: 888805BS6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2100000 | PA      | $2203769.19   | 0.11%             | 2028-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington (State of) Convention Center Public Facilities District                                                                                    | Washington (State of) Convention Center Public Facilities District, Series 2021 B, RB                                                                  | CUSIP: 93976AEB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2365000 | PA      | $2481389.22   | 0.13%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Build NYC Resource Corp. (Shefa School)                                                                                                               | Build NYC Resource Corp. (Shefa School), Series 2021 A, RB                                                                                             | CUSIP: 12008ERV0<br>LEI: 549300GROJFKMNLWEK84 | Long             | DBT              | MUN               | US        |    375000 | PA      | $315876.00    | 0.02%             | 2031-06-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Illinois (State of)                                                                                                                                   | Illinois (State of), Series 2018 B, Ref. GO Bonds                                                                                                      | CUSIP: 4521522Z3<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   1405000 | PA      | $1467306.83   | 0.08%             | 2027-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Coatesville Area School District Building Authority                                                                                                   | Coatesville Area School District Building Authority, Series 2018, RB                                                                                   | CUSIP: 190693AH4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    335000 | PA      | $338374.62    | 0.02%             | 2026-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin (State of) Health & Educational Facilities Authority (Camillus Health System)                                                               | Wisconsin (State of) Health & Educational Facilities Authority (Camillus Health System), Series 2019 B-3, Ref. RB                                      | CUSIP: 97712D4G8<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |     35000 | PA      | $34997.44     | 0.00%             | 2026-11-01      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| North Carolina (State of) Department of Transportation (I-77 HOT Lanes)                                                                               | North Carolina (State of) Department of Transportation (I-77 HOT Lanes), Series 2015, RB                                                               | CUSIP: 65820FAA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1700000 | PA      | $1738629.95   | 0.09%             | 2026-06-30      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Burke (County of), GA Development Authority (Georgia Power Co. Plant Vogtle)                                                                          | Burke (County of), GA Development Authority (Georgia Power Co. Plant Vogtle), Series 1995, RB                                                          | CUSIP: 121342QC6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1633767.40   | 0.08%             | 2032-10-01      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| Osceola (County of), FL                                                                                                                               | Osceola (County of), FL, Series 2020 A-1, Ref. RB                                                                                                      | CUSIP: 688031DW0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $507282.80    | 0.03%             | 2035-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maricopa (County of), AZ Industrial Development Authority (Commercial Metals Co.)                                                                     | Maricopa (County of), AZ Industrial Development Authority (Commercial Metals Co.), Series 2022, RB                                                     | CUSIP: 56678TAA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1600548.60   | 0.08%             | 2047-10-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Viridian Municipal Management District                                                                                                                | Viridian Municipal Management District, Series 2015, Ref. GO Bonds                                                                                     | CUSIP: 92823PBX3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    665000 | PA      | $701386.94    | 0.04%             | 2029-12-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Adelanto (City of), CA Public Utility Authority                                                                                                       | Adelanto (City of), CA Public Utility Authority, Series 2017 A, Ref. RB                                                                                | CUSIP: 006797BU7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    325000 | PA      | $355570.25    | 0.02%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Capital Trust Agency, Inc. (Sarasota-Manatee Jewish Housing Council, Inc.)                                                                            | Capital Trust Agency, Inc. (Sarasota-Manatee Jewish Housing Council, Inc.), Series 2017, Ref. RB                                                       | CUSIP: 14054TAG7<br>LEI: 549300F49UWS7X0OGQ59 | Long             | DBT              | MUN               | US        |   2545000 | PA      | $2306170.07   | 0.12%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois (State of)                                                                                                                                   | Illinois (State of), Series 2013, GO Bonds                                                                                                             | CUSIP: 452152TC5<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2513451.75   | 0.13%             | 2038-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Houston (City of), TX Airport System (United Airlines, Inc. Terminal E)                                                                               | Houston (City of), TX Airport System (United Airlines, Inc. Terminal E), Series 2020 A, Ref. RB                                                        | CUSIP: 442349DG8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $507126.10    | 0.03%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Rochelle (City of), NY (Iona College)                                                                                                             | New Rochelle (City of), NY (Iona College), Series 2015 A, Ref. RB                                                                                      | CUSIP: 648535AQ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $359555.70    | 0.02%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York (State of) Dormitory Authority                                                                                                               | New York (State of) Dormitory Authority, Series 2019 A, RB                                                                                             | CUSIP: 64990GNT5<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   2115000 | PA      | $2286687.87   | 0.12%             | 2033-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Golden State Tobacco Securitization Corp.                                                                                                             | Golden State Tobacco Securitization Corp., Series 2017 A-1, Ref. RB                                                                                    | CUSIP: 38122NZB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4407129.60   | 0.23%             | 2027-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Houston (County of), GA Hospital Authority (Houston Hospitals, Inc.)                                                                                  | Houston (County of), GA Hospital Authority (Houston Hospitals, Inc.), Series 2016 A, Ref. RB                                                           | CUSIP: 442042DL8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    730000 | PA      | $745983.42    | 0.04%             | 2031-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin (State of) Public Finance Authority (Prime Healthcare Foundation, Inc.)                                                                     | Wisconsin (State of) Public Finance Authority (Prime Healthcare Foundation, Inc.), Series 2018 A, RB                                                   | CUSIP: 74442PFT7<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4143482.40   | 0.22%             | 2037-12-01      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Florida (State of) North Broward Hospital District                                                                                                    | Florida (State of) North Broward Hospital District, Series 2017 B, Ref. RB                                                                             | CUSIP: 657883DH4<br>LEI: 549300HZL14T4Q7UDP41 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5184812.00   | 0.27%             | 2034-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Multnomah (County of), OR (Hospital Facilities Authority Terwilliger Plaza, Inc.)                                                                     | Multnomah (County of), OR (Hospital Facilities Authority Terwilliger Plaza, Inc.), Series 2016, Ref. RB                                                | CUSIP: 62551PCV7<br>LEI: 549300GAP0JIG7V33754 | Long             | DBT              | MUN               | US        |   1305000 | PA      | $1312504.40   | 0.07%             | 2030-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arlington Higher Education Finance Corp. (Harmony Public Schools)                                                                                     | Arlington Higher Education Finance Corp. (Harmony Public Schools), Series 2015, Ref. RB                                                                | CUSIP: 041806FH8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1560042.60   | 0.08%             | 2032-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Beaumont (City of), CA Financing Authority (Improvement Area No. 17A)                                                                                 | Beaumont (City of), CA Financing Authority (Improvement Area No. 17A), Series 2013 B, RB                                                               | CUSIP: 074406QV4<br>LEI: 549300T48VOR8NYFNT88 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1018181.60   | 0.05%             | 2028-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Dallas & Fort Worth (Cities of), TX (Dallas/Fort Worth International Airport)                                                                         | Dallas & Fort Worth (Cities of), TX (Dallas/Fort Worth International Airport), Series 2014 A, Ref. RB                                                  | CUSIP: 235036V64<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2029675.80   | 0.11%             | 2026-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Birmingham (City of), AL Special Care Facilities Financing Authority (Methodist Home for the Aging)                                                   | Birmingham (City of), AL Special Care Facilities Financing Authority (Methodist Home for the Aging), Series 2016, RB                                   | CUSIP: 091081DL0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     55000 | PA      | $54143.51     | 0.00%             | 2025-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Long Island (City of), NY Power Authority                                                                                                             | Long Island (City of), NY Power Authority, Series 2014 A, Ref. RB                                                                                      | CUSIP: 5426903D2<br>LEI: 1R46U5SYJ63KQXF39168 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4119956.00   | 0.21%             | 2034-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico (Commonwealth of)                                                                                                                         | Puerto Rico (Commonwealth of), Series 2021 A1, GO Bonds                                                                                                | CUSIP: 74514L3E5<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |   3229794 | PA      | $3243947.60   | 0.17%             | 2023-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Arizona (State of) Industrial Development Authority (Academies of Math & Science)                                                                     | Arizona (State of) Industrial Development Authority (Academies of Math & Science), Series 2019, RB                                                     | CUSIP: 04052BKK9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $976829.20    | 0.05%             | 2039-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago (City of), IL                                                                                                                                 | Chicago (City of), IL, Series 2021 A, Ref. GO Bonds                                                                                                    | CUSIP: 167486M22<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |   9000000 | PA      | $9056526.30   | 0.47%             | 2033-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ohio (State of)                                                                                                                                       | Ohio (State of), Series 2020 A, Ref. RB                                                                                                                | CUSIP: 67756CDY1<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1074939.80   | 0.06%             | 2034-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Denver (City & County of), CO                                                                                                                         | Denver (City & County of), CO, Series 2018 A-2, RB                                                                                                     | CUSIP: 24917DBM4<br>LEI: MMTY7HA2MSCBUO4F7J71 | Long             | DBT              | MUN               | US        |    800000 | PA      | $598626.16    | 0.03%             | 2030-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Collier (County of), FL Industrial Development Authority (The Arlington of Naples)                                                                    | Collier (County of), FL Industrial Development Authority (The Arlington of Naples), Series 2014 A, RB                                                  | CUSIP: 194638AG7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1215000 | PA      | $777600.00    | 0.04%             | 2026-05-15      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| Gulf Coast Authority (Waste Management of Texas)                                                                                                      | Gulf Coast Authority (Waste Management of Texas), Series 2003 B, RB                                                                                    | CUSIP: 402231AU8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1491071.58   | 0.08%             | 2028-05-01      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| Michigan (State of) Finance Authority (Local Government Loan Program)                                                                                 | Michigan (State of) Finance Authority (Local Government Loan Program), Series 2014 F, Ref. RB                                                          | CUSIP: 59447TDZ3<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   5590000 | PA      | $5599480.64   | 0.29%             | 2029-10-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Wisconsin (State of) Health & Educational Facilities Authority (Mercy Alliance)                                                                       | Wisconsin (State of) Health & Educational Facilities Authority (Mercy Alliance), Series 2012, RB                                                       | CUSIP: 97710BW40<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1001365.90   | 0.05%             | 2026-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kalispel Tribe of Indians                                                                                                                             | Kalispel Tribe of Indians, Series 2018 B, RB                                                                                                           | CUSIP: 48340PAT9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $104896.10    | 0.01%             | 2032-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Monroe County Industrial Development Corp. (University of Rochester)                                                                                  | Monroe County Industrial Development Corp. (University of Rochester), Series 2017 D, Ref. RB                                                           | CUSIP: 61075TSZ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1002917.30   | 0.05%             | 2036-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New Hope Cultural Education Facilities Corp. (Morningside Ministries)                                                                                 | New Hope Cultural Education Facilities Corp. (Morningside Ministries), Series 2013, RB                                                                 | CUSIP: 64542TAG2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1600000 | PA      | $1604471.68   | 0.08%             | 2033-01-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| M-S-R Energy Authority                                                                                                                                | M-S-R Energy Authority, Series 2009 B, RB                                                                                                              | CUSIP: 55374SAE0<br>LEI: 549300UEMSS1JTK5YB98 | Long             | DBT              | MUN               | US        |   3500000 | PA      | $4330948.30   | 0.22%             | 2034-11-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| New Orleans (City of), LA Aviation Board (Parking Facilities Corp. Consolidated Garage System)                                                        | New Orleans (City of), LA Aviation Board (Parking Facilities Corp. Consolidated Garage System), Series 2018 B, Ref. RB                                 | CUSIP: 64763KAU2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $218908.80    | 0.01%             | 2032-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Northern California Tobacco Securitization Authority                                                                                                  | Northern California Tobacco Securitization Authority, Series 2021 A, Ref. RB                                                                           | CUSIP: 888794BX1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3390000 | PA      | $2917474.34   | 0.15%             | 2049-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Washington Airports Authority                                                                                                            | Metropolitan Washington Airports Authority, Series 2016 A, Ref. RB                                                                                     | CUSIP: 592647DA6<br>LEI: 7HERAVJJLN8J1DZ6AZ19 | Long             | DBT              | MUN               | US        |   2215000 | PA      | $2297108.94   | 0.12%             | 2034-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania (Commonwealth of) Public School Building Authority (Philadelphia School District)                                                        | Pennsylvania (Commonwealth of) Public School Building Authority (Philadelphia School District), Series 2016 A, Ref. RB                                 | CUSIP: 85732GUE8<br>LEI: 5493006JN0UR7OGWTO86 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3154614.30   | 0.16%             | 2030-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Mississippi (State of) Hospital Equipment & Facilities Authority (Forrest Co. General Hospital)                                                       | Mississippi (State of) Hospital Equipment & Facilities Authority (Forrest Co. General Hospital), Series 2019 B, Ref. RB                                | CUSIP: 605360TF3<br>LEI: 549300DW2GVUIGE04396 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1078849.40   | 0.06%             | 2030-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tennessee Energy Acquisition Corp.                                                                                                                    | Tennessee Energy Acquisition Corp., Series 2006 C, RB                                                                                                  | CUSIP: 880443EE2<br>LEI: 549300OJ2Z8PGEY46K92 | Long             | DBT              | MUN               | US        |    150000 | PA      | $153408.48    | 0.01%             | 2027-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois (State of) Finance Authority (Centegra Health System)                                                                                        | Illinois (State of) Finance Authority (Centegra Health System), Series 2014 A, RB                                                                      | CUSIP: 45203HZN5<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1299385.50   | 0.07%             | 2028-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Washington                                                                                                                                   | State of Washington, Series 2021, GO Bonds                                                                                                             | CUSIP: 93974EDK9<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1136282.30   | 0.06%             | 2034-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North (State of) Carolina Medical Care Commission (Lutheran Services for the Aging)                                                                   | North (State of) Carolina Medical Care Commission (Lutheran Services for the Aging), Series 2021, RB                                                   | CUSIP: 65821DYB1<br>LEI: 549300FH6KOXGCHQYG81 | Long             | DBT              | MUN               | US        |    275000 | PA      | $257710.64    | 0.01%             | 2029-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Clark (County of), NV (Special Improvement District No. 159)                                                                                          | Clark (County of), NV (Special Improvement District No. 159), Series 2015, RB                                                                          | CUSIP: 181003MQ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    130000 | PA      | $132358.21    | 0.01%             | 2026-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Philadelphia (City of), PA Hospitals & Higher Education Facilities Authority (Temple University Health System)                                        | Philadelphia (City of), PA Hospitals & Higher Education Facilities Authority (Temple University Health System), Series 2017, Ref. RB                   | CUSIP: 717903L22<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3480000 | PA      | $3669124.78   | 0.19%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Modesto (City of), CA Irrigation District                                                                                                             | Modesto (City of), CA Irrigation District, Series 2015 B, Ref. RB                                                                                      | CUSIP: 607767BH2<br>LEI: S6U6XLZ7IOWYIG8C8H50 | Long             | DBT              | MUN               | US        |   1595000 | PA      | $1695810.54   | 0.09%             | 2028-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                                                                                                   | U.S. Treasury 10 Year Notes Future                                                                                                                     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | N/A       |      -955 | NC      | $-522265.62   | -0.03%            |  |  |  | No            |                  1 | On Loan: No      |
| California (State of) Public Finance Authority (Enso Village)                                                                                         | California (State of) Public Finance Authority (Enso Village), Series 2021, RB                                                                         | CUSIP: 13057GAE9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4140000 | PA      | $3618018.45   | 0.19%             | 2029-05-15      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| Maryland (State of) Health & Higher Educational Facilities Authority (Stevenson University)                                                           | Maryland (State of) Health & Higher Educational Facilities Authority (Stevenson University), Series 2021, Ref. RB                                      | CUSIP: 57421CBU7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $263361.25    | 0.01%             | 2028-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts (Commonwealth of) Development Finance Agency (Emerson College)                                                                          | Massachusetts (Commonwealth of) Development Finance Agency (Emerson College), Series 2017 A, Ref. RB                                                   | CUSIP: 57584XT35<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   1600000 | PA      | $1668707.36   | 0.09%             | 2026-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wyoming (State of) Municipal Power Agency                                                                                                             | Wyoming (State of) Municipal Power Agency, Series 2017 A, Ref. RB                                                                                      | CUSIP: 983366DZ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1632144.15   | 0.08%             | 2031-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Private Activity Bond Surface Transportation Corp. (North Tarrant Express)                                                                      | Texas Private Activity Bond Surface Transportation Corp. (North Tarrant Express), Series 2019 A, Ref. RB                                               | CUSIP: 882667AP3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3220579.80   | 0.17%             | 2030-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State Public School Building Authority (School District of Philidelphia (The))                                                                        | State Public School Building Authority (School District of Philidelphia (The)), Series 2016 A, Ref. RB                                                 | CUSIP: 85732GUF5<br>LEI: 5493006JN0UR7OGWTO86 | Long             | DBT              | MUN               | US        |    120000 | PA      | $126002.17    | 0.01%             | 2031-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North (State of) Carolina Medical Care Commission (Lutheran Services for the Aging)                                                                   | North (State of) Carolina Medical Care Commission (Lutheran Services for the Aging), Series 2021, RB                                                   | CUSIP: 65821DYF2<br>LEI: 549300FH6KOXGCHQYG81 | Long             | DBT              | MUN               | US        |   1050000 | PA      | $829815.95    | 0.04%             | 2041-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California (State of) Housing Finance Agency                                                                                                          | California (State of) Housing Finance Agency, Series 2019 A-1, RB                                                                                      | CUSIP: 13033DAA3<br>LEI: 549300BOPCVLBA552Z14 | Long             | DBT              | MUN               | US        |   1902901 | PA      | $1848565.12   | 0.10%             | 2035-01-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Farmville (Town of), VA Industrial Development Authority (Longwood University Student Housing)                                                        | Farmville (Town of), VA Industrial Development Authority (Longwood University Student Housing), Series 2018 A, Ref. RB                                 | CUSIP: 311617AP9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1003598.10   | 0.05%             | 2038-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York (State of) Dormitory Authority                                                                                                               | New York (State of) Dormitory Authority, Series 2022 A, Ref. RB                                                                                        | CUSIP: 64990FW91<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |  10620000 | PA      | $10527545.47  | 0.55%             | 2040-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Delaware River Joint Toll Bridge Commission                                                                                                           | Delaware River Joint Toll Bridge Commission, Series 2019 B, Ref. RB                                                                                    | CUSIP: 246343MY0<br>LEI: 549300N6IGAQMI0JLE23 | Long             | DBT              | MUN               | US        |    370000 | PA      | $413009.87    | 0.02%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Duluth (City of), MN Housing & Redevelopment Authority (Duluth Public Schools Academy)                                                                | Duluth (City of), MN Housing & Redevelopment Authority (Duluth Public Schools Academy), Series 2018 A, Ref. RB                                         | CUSIP: 264454AE9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    320000 | PA      | $306881.66    | 0.02%             | 2028-11-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Capital Trust Agency, Inc. (Viera Charter Schools, Inc.)                                                                                              | Capital Trust Agency, Inc. (Viera Charter Schools, Inc.), Series 2017 A, RB                                                                            | CUSIP: 14054CAK5<br>LEI: 549300F49UWS7X0OGQ59 | Long             | DBT              | MUN               | US        |    510000 | PA      | $489295.38    | 0.03%             | 2037-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York (City of), NY Transitional Finance Authority                                                                                                 | New York (City of), NY Transitional Finance Authority, Series 2021 E-1, RB                                                                             | CUSIP: 64971XXR4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5390000 | PA      | $5393368.75   | 0.28%             | 2038-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Washington (State of) Housing Finance Commission (Transforming Age)                                                                                   | Washington (State of) Housing Finance Commission (Transforming Age), Series 2019 A, RB                                                                 | CUSIP: 939783YX8<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |    745000 | PA      | $669646.45    | 0.03%             | 2034-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin (State of) Health & Educational Facilities Authority (Benevolent Corp. Cedar Community)                                                     | Wisconsin (State of) Health & Educational Facilities Authority (Benevolent Corp. Cedar Community), Series 2017, Ref. RB                                | CUSIP: 97712DG59<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   1560000 | PA      | $1534186.99   | 0.08%             | 2030-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southeast Energy Authority A Cooperative District                                                                                                     | Southeast Energy Authority A Cooperative District, Series 2022, RB                                                                                     | CUSIP: 84136FBL0<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2126731.20   | 0.11%             | 2053-01-01      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| Colorado (State of) Health Facilities Authority (Sunny Vista Living Center)                                                                           | Colorado (State of) Health Facilities Authority (Sunny Vista Living Center), Series 2015 A, Ref. RB                                                    | CUSIP: 19648A5K7<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |    750000 | PA      | $616801.50    | 0.03%             | 2030-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Wyandotte (County of) & Kansas City (City of), KS Unified Government                                                                                  | Wyandotte (County of) & Kansas City (City of), KS Unified Government, Series 2014 A, Ref. RB                                                           | CUSIP: 982674KF9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1740000 | PA      | $1780852.76   | 0.09%             | 2044-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Forest Grove (City of), OR (Pacific University)                                                                                                       | Forest Grove (City of), OR (Pacific University), Series 2015 A, Ref. RB                                                                                | CUSIP: 345648DQ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $252085.30    | 0.01%             | 2036-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington (State of) Health Care Facilities Authority (PeaceHealth)                                                                                  | Washington (State of) Health Care Facilities Authority (PeaceHealth), Series 2014 A, Ref. RB                                                           | CUSIP: 93978HJL0<br>LEI: 549300ZVPWQIL3N5TL85 | Long             | DBT              | MUN               | US        |    500000 | PA      | $515875.55    | 0.03%             | 2027-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Valparaiso (City of), IN (Pratt Paper, LLC)                                                                                                           | Valparaiso (City of), IN (Pratt Paper, LLC), Series 2013, RB                                                                                           | CUSIP: 92028RAA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    220000 | PA      | $222947.34    | 0.01%             | 2024-01-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Illinois (State of) Finance Authority (Rush University Medical Center)                                                                                | Illinois (State of) Finance Authority (Rush University Medical Center), Series 2015 A, Ref. RB                                                         | CUSIP: 45203HP63<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   4500000 | PA      | $4603007.25   | 0.24%             | 2034-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Black Desert Public Infrastructure District                                                                                                           | Black Desert Public Infrastructure District, Series 2021 A, GO Bonds                                                                                   | CUSIP: 09204PAB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1650236.60   | 0.09%             | 2036-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Illinois (State of)                                                                                                                                   | Illinois (State of), Series 2017 C, GO Bonds                                                                                                           | CUSIP: 452152P21<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2085123.00   | 0.11%             | 2029-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Miami-Dade (County of), FL (Jackson Health System)                                                                                                    | Miami-Dade (County of), FL (Jackson Health System), Series 2015 A, Ref. RB                                                                             | CUSIP: 59333TEC0<br>LEI: 549300QG0NBD9HULR263 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1041653.30   | 0.05%             | 2033-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maryland (State of) Health & Higher Educational Facilities Authority (Stevenson University)                                                           | Maryland (State of) Health & Higher Educational Facilities Authority (Stevenson University), Series 2021, Ref. RB                                      | CUSIP: 57421CCA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $334433.51    | 0.02%             | 2034-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Mesquite Health Facilities Development Corp. (Christian Care Centers, Inc.)                                                                           | Mesquite Health Facilities Development Corp. (Christian Care Centers, Inc.), Series 2014, Ref. RB                                                      | CUSIP: 590743CA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    215000 | PA      | $178450.00    | 0.01%             | 2024-02-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Garden State Preservation Trust                                                                                                                       | Garden State Preservation Trust, Series 2005 A, RB                                                                                                     | CUSIP: 365418BX9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2197992.00   | 0.11%             | 2028-11-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Kentucky (Commonwealth of) Economic Development Finance Authority (Masonic Home Independent Living II, Inc.)                                          | Kentucky (Commonwealth of) Economic Development Finance Authority (Masonic Home Independent Living II, Inc.), Series 2016 A, Ref. RB                   | CUSIP: 49126PFF2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1788803.80   | 0.09%             | 2036-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of North Carolina                                                                                                                               | State of North Carolina, Series 2019, RB                                                                                                               | CUSIP: 658268EE3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3240000 | PA      | $3615815.38   | 0.19%             | 2033-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Monroeville Finance Authority                                                                                                                         | Monroeville Finance Authority, Series 2022 B, Ref. RB                                                                                                  | CUSIP: 611530DA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1086327.10   | 0.06%             | 2028-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York (City of), NY Transitional Finance Authority                                                                                                 | New York (City of), NY Transitional Finance Authority, Series 2018 S-2A, Ref. RB                                                                       | CUSIP: 64972HU34<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5426339.00   | 0.28%             | 2034-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois (State of) Finance Authority (Benedictine University)                                                                                        | Illinois (State of) Finance Authority (Benedictine University), Series 2021, Ref. RB                                                                   | CUSIP: 45204FGL3<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1332954.48   | 0.07%             | 2030-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois (State of)                                                                                                                                   | Illinois (State of), Series 2013, GO Bonds                                                                                                             | CUSIP: 452152SU6<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   2295000 | PA      | $2315155.61   | 0.12%             | 2027-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Yuma (City of), AZ Industrial Development Authority (Regional Medical Center)                                                                         | Yuma (City of), AZ Industrial Development Authority (Regional Medical Center), Series 2014 A, RB                                                       | CUSIP: 988514BY0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1029470.90   | 0.05%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Manhattan (City of), KS (Meadowlark Hills)                                                                                                            | Manhattan (City of), KS (Meadowlark Hills), Series 2021 A, Ref. RB                                                                                     | CUSIP: 563017EA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $841430.20    | 0.04%             | 2036-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Maryland Economic Development Corp. (CNX Marine Terminal, Inc. - Port of Baltimore Facility)                                                          | Maryland Economic Development Corp. (CNX Marine Terminal, Inc. - Port of Baltimore Facility), Series 2010, Ref. RB                                     | CUSIP: 57421HAA1<br>LEI: 549300JJ16DDBSZWSN94 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1500289.05   | 0.08%             | 2025-09-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Metropolitan Development and Housing Agency (Fifth + Broadway Development)                                                                            | Metropolitan Development and Housing Agency (Fifth + Broadway Development), Series 2018, RB                                                            | CUSIP: 591874AA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    765000 | PA      | $766323.45    | 0.04%             | 2028-06-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| City of San Antonio TX Airport System                                                                                                                 | City of San Antonio TX Airport System, Series 2019, RB                                                                                                 | CUSIP: 796242TR6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2380000 | PA      | $2549329.86   | 0.13%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North (State of) Carolina Medical Care Commission (Lutheran Services for the Aging)                                                                   | North (State of) Carolina Medical Care Commission (Lutheran Services for the Aging), Series 2021, RB                                                   | CUSIP: 65821DYC9<br>LEI: 549300FH6KOXGCHQYG81 | Long             | DBT              | MUN               | US        |    285000 | PA      | $262762.65    | 0.01%             | 2030-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fulton (County of), GA Development Authority (Robert W. Woodruff Arts Center)                                                                         | Fulton (County of), GA Development Authority (Robert W. Woodruff Arts Center), Series 2019, Ref. RB                                                    | CUSIP: 36005FBV6<br>LEI: 549300533NJL38F4K144 | Long             | DBT              | MUN               | US        |    830000 | PA      | $804485.14    | 0.04%             | 2044-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Build NYC Resource Corp. (Pratt Paper, Inc.)                                                                                                          | Build NYC Resource Corp. (Pratt Paper, Inc.), Series 2014, Ref. RB                                                                                     | CUSIP: 12008HAB5<br>LEI: 549300GROJFKMNLWEK84 | Long             | DBT              | MUN               | US        |    530000 | PA      | $534968.38    | 0.03%             | 2025-01-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                                                                                                      | Pennsylvania Turnpike Commission, Series 2021, RB                                                                                                      | CUSIP: 709225DV5<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1473493.05   | 0.08%             | 2040-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Philadelphia School District (The)                                                                                                                    | Philadelphia School District (The), Series 2019 A, GO Bonds                                                                                            | CUSIP: 717883VZ2<br>LEI: 254900HSKDHZKBZCUL90 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1099186.70   | 0.06%             | 2031-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Adelanto (City of), CA Public Utility Authority                                                                                                       | Adelanto (City of), CA Public Utility Authority, Series 2017 A, Ref. RB                                                                                | CUSIP: 006797BS2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    315000 | PA      | $345706.89    | 0.02%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                                                                                                      | Pennsylvania Turnpike Commission, Series 2019, RB                                                                                                      | CUSIP: 709224R92<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |   1240000 | PA      | $1388425.89   | 0.07%             | 2033-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lancaster (County of), PA Hospital Authority (Moravian Manors, Inc.)                                                                                  | Lancaster (County of), PA Hospital Authority (Moravian Manors, Inc.), Series 2019 A, RB                                                                | CUSIP: 51404PAG4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1110000 | PA      | $1042565.61   | 0.05%             | 2038-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Reading School District                                                                                                                               | Reading School District, Series 2017, Ref. GO Bonds                                                                                                    | CUSIP: 755638ZF3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $26194.88     | 0.00%             | 2036-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan (State of) Finance Authority (Detroit Water & Sewerage Department)                                                                           | Michigan (State of) Finance Authority (Detroit Water & Sewerage Department), Series 2015 D-1, Ref. RB                                                  | CUSIP: 59447TFS7<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |    750000 | PA      | $781215.90    | 0.04%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Springfield (City of), IL                                                                                                                             | Springfield (City of), IL, Series 2015, Ref. RB                                                                                                        | CUSIP: 850578TQ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2062231.20   | 0.11%             | 2032-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey (State of) Higher Education Student Assistance Authority                                                                                   | New Jersey (State of) Higher Education Student Assistance Authority, Series 2021 B, RB                                                                 | CUSIP: 646080VY4<br>LEI: 5493007OOYUHTF8GSL63 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1628982.20   | 0.08%             | 2040-12-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| New York (State of) Dormitory Authority (Orange Regional Medical Center)                                                                              | New York (State of) Dormitory Authority (Orange Regional Medical Center), Series 2017, Ref. RB                                                         | CUSIP: 64990CPZ8<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1005016.70   | 0.05%             | 2034-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp. (Delta Air Lines, Inc. LaGuardia Airport Terminal C&D Redevelopment)                                        | New York Transportation Development Corp. (Delta Air Lines, Inc. LaGuardia Airport Terminal C&D Redevelopment), Series 2018, RB                        | CUSIP: 650116CN4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3090000 | PA      | $3117958.94   | 0.16%             | 2034-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Greater Orlando Aviation Authority                                                                                                                    | Greater Orlando Aviation Authority, Series 2019 A, RB                                                                                                  | CUSIP: 392274Z66<br>LEI: 549300CP6PUG5S184F61 | Long             | DBT              | MUN               | US        |   7025000 | PA      | $7580966.23   | 0.39%             | 2032-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Clark (County of), NV (Special Improvement District No. 159)                                                                                          | Clark (County of), NV (Special Improvement District No. 159), Series 2015, RB                                                                          | CUSIP: 181003MV3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1315000 | PA      | $1325370.62   | 0.07%             | 2031-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California (State of) Housing Finance Agency                                                                                                          | California (State of) Housing Finance Agency, Series 2019 A-2, RB                                                                                      | CUSIP: 13033DAC9<br>LEI: 549300BOPCVLBA552Z14 | Long             | DBT              | MUN               | US        |   6676635 | PA      | $6484131.90   | 0.34%             | 2033-03-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Monroe County Industrial Development Corp. (St. Ann's Community)                                                                                      | Monroe County Industrial Development Corp. (St. Ann's Community), Series 2019, Ref. RB                                                                 | CUSIP: 61075TUF3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1765000 | PA      | $1559028.91   | 0.08%             | 2030-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| North Carolina (State of) Medical Care Commission (Pennybyrn at Maryfield)                                                                            | North Carolina (State of) Medical Care Commission (Pennybyrn at Maryfield), Series 2020, RB                                                            | CUSIP: 65820YRT5<br>LEI: 549300FH6KOXGCHQYG81 | Long             | DBT              | MUN               | US        |    650000 | PA      | $611441.68    | 0.03%             | 2026-10-01      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| Georgia Municipal Association, Inc.                                                                                                                   | Georgia Municipal Association, Inc., Series 1998, COP                                                                                                  | CUSIP: 373292AS0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     15000 | PA      | $15031.65     | 0.00%             | 2023-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| West Contra Costa Unified School District (Election of 2005)                                                                                          | West Contra Costa Unified School District (Election of 2005), Series 2008 B, GO Bonds                                                                  | CUSIP: 952347TX0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1023365.70   | 0.05%             | 2023-08-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico (Commonwealth of)                                                                                                                         | Puerto Rico (Commonwealth of), Subseries 2022, RN                                                                                                      | CUSIP: 74514L3T2<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |   6163178 | PA      | $2811949.85   | 0.15%             | 2043-11-01      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Unified School District                                                                                                                   | Los Angeles Unified School District, Series 2020 RYQ, GO Bonds                                                                                         | CUSIP: 544647BS8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5175479.50   | 0.27%             | 2036-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                                                                                                    | New York State Dormitory Authority, Series 2020, RB                                                                                                    | CUSIP: 64990GF23<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1945250.40   | 0.10%             | 2041-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Adelanto (City of), CA Public Utility Authority                                                                                                       | Adelanto (City of), CA Public Utility Authority, Series 2017 A, Ref. RB                                                                                | CUSIP: 006797BW3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    310000 | PA      | $337470.59    | 0.02%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Rockland Tobacco Asset Securitization Corp.                                                                                                           | Rockland Tobacco Asset Securitization Corp., Series 2001, RB                                                                                           | CUSIP: 773684AK1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1355000 | PA      | $1377378.91   | 0.07%             | 2035-08-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                                                                                     | State of Illinois, Series 2016, GO Bonds                                                                                                               | CUSIP: 452152D99<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   3155000 | PA      | $3047660.91   | 0.16%             | 2032-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Colorado (State of) Health Facilities Authority (Christian Living Neighborhoods)                                                                      | Colorado (State of) Health Facilities Authority (Christian Living Neighborhoods), Series 2016, Ref. RB                                                 | CUSIP: 19648FAY0<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   2475000 | PA      | $2373211.91   | 0.12%             | 2031-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kentucky (Commonwealth of) Municipal Power Agency                                                                                                     | Kentucky (Commonwealth of) Municipal Power Agency, Series 2015 A, Ref. RB                                                                              | CUSIP: 491501DY5<br>LEI: 2549001MTI3IE05Z7959 | Long             | DBT              | MUN               | US        |   1620000 | PA      | $1707949.48   | 0.09%             | 2027-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Carolina (State of) Public Service Authority                                                                                                    | South Carolina (State of) Public Service Authority, Series 2020 A, Ref. RB                                                                             | CUSIP: 837151WY1<br>LEI: EMBXY64GWKA9MZGFUD26 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $976531.60    | 0.05%             | 2037-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Santa Margarita Water District (Community Facilities District No. 2013-1)                                                                             | Santa Margarita Water District (Community Facilities District No. 2013-1), Series 2013, RB                                                             | CUSIP: 802242EL7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1150000 | PA      | $1164965.30   | 0.06%             | 2027-09-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Louisiana (State of) Public Facilities Authority (Archdiocese of New Orleans)                                                                         | Louisiana (State of) Public Facilities Authority (Archdiocese of New Orleans), Series 2017, Ref. RB                                                    | CUSIP: 5463987E2<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |    400000 | PA      | $360000.00    | 0.02%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts (Commonwealth of) Development Finance Agency                                                                                            | Massachusetts (Commonwealth of) Development Finance Agency, Series 2019 A, Ref. RB                                                                     | CUSIP: 57584YPZ6<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   1530000 | PA      | $1615415.16   | 0.08%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Harris County Cultural Education Facilities Finance Corp. (Brazos Presbyterian Homes, Inc.)                                                           | Harris County Cultural Education Facilities Finance Corp. (Brazos Presbyterian Homes, Inc.), Series 2013 A, RB                                         | CUSIP: 414009FE5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    345000 | PA      | $344622.95    | 0.02%             | 2023-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Miami-Dade (County of), FL                                                                                                                            | Miami-Dade (County of), FL, Series 2021, RB                                                                                                            | CUSIP: 59334DMM3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2938784.70   | 0.15%             | 2042-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New Orleans (City of), LA Aviation Board (Parking Facilities Corp. Consolidated Garage System)                                                        | New Orleans (City of), LA Aviation Board (Parking Facilities Corp. Consolidated Garage System), Series 2018 A, RB                                      | CUSIP: 64763KAA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $107755.82    | 0.01%             | 2034-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp. (American Airlines, Inc. John F. Kennedy International Airport)                                             | New York Transportation Development Corp. (American Airlines, Inc. John F. Kennedy International Airport), Series 2020, Ref. RB                        | CUSIP: 650116CV6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1615000 | PA      | $1653630.64   | 0.09%             | 2031-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Santa Fe (City of), NM (El Castillo Retirement)                                                                                                       | Santa Fe (City of), NM (El Castillo Retirement), Series 2019 A, RB                                                                                     | CUSIP: 802170AN0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $446713.95    | 0.02%             | 2039-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington (State of) Health Care Facilities Authority (Central Washington Health Services Association)                                               | Washington (State of) Health Care Facilities Authority (Central Washington Health Services Association), Series 2015, Ref. RB                          | CUSIP: 93978HPX7<br>LEI: 549300ZVPWQIL3N5TL85 | Long             | DBT              | MUN               | US        |    500000 | PA      | $516125.75    | 0.03%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BNC Metropolitan District No. 1                                                                                                                       | BNC Metropolitan District No. 1, Series 2017 A, Ref. GO Bonds                                                                                          | CUSIP: 05567BAN9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    360000 | PA      | $389674.33    | 0.02%             | 2032-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington (State of) Housing Finance Commission (Bayview Manor Homes)                                                                                | Washington (State of) Housing Finance Commission (Bayview Manor Homes), Series 2016 A, Ref. RB                                                         | CUSIP: 939783TB2<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |   1450000 | PA      | $1295431.89   | 0.07%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Georgia (State of) Municipal Electric Authority of Georgia (Plant Vogtle Units 3 & 4)                                                                 | Georgia (State of) Municipal Electric Authority of Georgia (Plant Vogtle Units 3 & 4), Series 2021 A, Ref. RB                                          | CUSIP: 6262078F4<br>LEI: JA0WNILDDF2KUPS83B16 | Long             | DBT              | MUN               | US        |   1295000 | PA      | $1203726.72   | 0.06%             | 2046-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New Jersey (State of) Transportation Trust Fund Authority                                                                                             | New Jersey (State of) Transportation Trust Fund Authority, Series 2021 A, Ref. RB                                                                      | CUSIP: 6461367Y1<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   1485000 | PA      | $1488789.72   | 0.08%             | 2034-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Phoenix (City of), AZ Industrial Development Authority (Legacy Traditional Schools)                                                                   | Phoenix (City of), AZ Industrial Development Authority (Legacy Traditional Schools), Series 2014 A, RB                                                 | CUSIP: 71885FDD6<br>LEI: 549300A62PWFBDWB8332 | Long             | DBT              | MUN               | US        |    440000 | PA      | $445319.03    | 0.02%             | 2024-07-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Tobacco Settlement Financing Corp.                                                                                                                    | Tobacco Settlement Financing Corp., Series 2015 A, Ref. RB                                                                                             | CUSIP: 888809BD1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  12500000 | PA      | $12708045.00  | 0.66%             | 2035-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tennessee Energy Acquisition Corp.                                                                                                                    | Tennessee Energy Acquisition Corp., Series 2006 C, RB                                                                                                  | CUSIP: 880443EB8<br>LEI: 549300OJ2Z8PGEY46K92 | Long             | DBT              | MUN               | US        |   1360000 | PA      | $1362578.02   | 0.07%             | 2023-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Cook County Community College District No. 508 (City Colleges of Chicago)                                                                             | Cook County Community College District No. 508 (City Colleges of Chicago), Series 2013, GO Bonds                                                       | CUSIP: 213187CB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $504222.60    | 0.03%             | 2026-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Chicago (City of), IL Board of Education                                                                                                              | Chicago (City of), IL Board of Education, Series 2017, RB                                                                                              | CUSIP: 167510AD8<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1049705.50   | 0.05%             | 2035-04-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Long Island (City of), NY Power Authority                                                                                                             | Long Island (City of), NY Power Authority, Series 2018, RB                                                                                             | CUSIP: 542691BL3<br>LEI: 1R46U5SYJ63KQXF39168 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1106023.00   | 0.06%             | 2029-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York (State of) Dormitory Authority (Orange Regional Medical Center)                                                                              | New York (State of) Dormitory Authority (Orange Regional Medical Center), Series 2015, Ref. RB                                                         | CUSIP: 64990BGS6<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |    300000 | PA      | $305250.93    | 0.02%             | 2024-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maple Grove (City of), MN (Maple Grove Hospital Corp.)                                                                                                | Maple Grove (City of), MN (Maple Grove Hospital Corp.), Series 2017, Ref. RB                                                                           | CUSIP: 56516TBQ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $522089.00    | 0.03%             | 2031-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Virginia Small Business Financing Authority                                                                                                           | Virginia Small Business Financing Authority, Series 2022, RB                                                                                           | CUSIP: 928104PD4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3235000 | PA      | $3417172.56   | 0.18%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Montgomery (County of), PA Higher Education & Health Authority (Thomas Jefferson University)                                                          | Montgomery (County of), PA Higher Education & Health Authority (Thomas Jefferson University), Series 2019, Ref. RB                                     | CUSIP: 613603A25<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    545000 | PA      | $594243.31    | 0.03%             | 2031-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Colorado (State of) Health Facilities Authority (Sunny Vista Living Center)                                                                           | Colorado (State of) Health Facilities Authority (Sunny Vista Living Center), Series 2015 A, Ref. RB                                                    | CUSIP: 19648A5J0<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |    375000 | PA      | $341811.38    | 0.02%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Woodbury (City of), MN Housing & Redevelopment Authority (St. Therese of Woodbury)                                                                    | Woodbury (City of), MN Housing & Redevelopment Authority (St. Therese of Woodbury), Series 2014, RB                                                    | CUSIP: 979141AG3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $295946.19    | 0.02%             | 2023-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York (City of), NY Transitional Finance Authority                                                                                                 | New York (City of), NY Transitional Finance Authority, Series 2021, Ref. RB                                                                            | CUSIP: 64971XZK7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2825000 | PA      | $2860074.64   | 0.15%             | 2036-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| College Park (City of), GA (Atlanta International Airport)                                                                                            | College Park (City of), GA (Atlanta International Airport), Series 2006 B, RB                                                                          | CUSIP: 194315BE6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     15000 | PA      | $15009.35     | 0.00%             | 2031-01-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Kentucky (Commonwealth of) Public Energy Authority                                                                                                    | Kentucky (Commonwealth of) Public Energy Authority, Series 2019 C, RB                                                                                  | CUSIP: 74440DCM4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4920801.00   | 0.26%             | 2050-02-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp. (Terminal 4 JFK International Airport)                                                                      | New York Transportation Development Corp. (Terminal 4 JFK International Airport), Series 2022, RB                                                      | CUSIP: 650116FA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1037577.00   | 0.05%             | 2026-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York (State of) Dormitory Authority (Montefiore Obligated Group)                                                                                  | New York (State of) Dormitory Authority (Montefiore Obligated Group), Series 2018 A, Ref. RB                                                           | CUSIP: 64990GFX5<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   2300000 | PA      | $2363412.15   | 0.12%             | 2028-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lee (County of), FL Industrial Development Authority (Preserve (The))                                                                                 | Lee (County of), FL Industrial Development Authority (Preserve (The)), Series 2017 A, RB                                                               | CUSIP: 52349EDP2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $827688.80    | 0.04%             | 2032-12-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Manatee (County of), FL School District                                                                                                               | Manatee (County of), FL School District, Series 2017, RB                                                                                               | CUSIP: 56185PCK7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1348220.88   | 0.07%             | 2032-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York (State of) Dormitory Authority (Orange Regional Medical Center)                                                                              | New York (State of) Dormitory Authority (Orange Regional Medical Center), Series 2017, Ref. RB                                                         | CUSIP: 64990CPY1<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2018826.20   | 0.10%             | 2033-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois (State of) Finance Authority (University of Illinois Health Services)                                                                        | Illinois (State of) Finance Authority (University of Illinois Health Services), Series 2020, RB                                                        | CUSIP: 452031AJ6<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    750000 | PA      | $792285.08    | 0.04%             | 2031-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kentucky (Commonwealth of) Economic Development Finance Authority (Owensboro Health, Inc.)                                                            | Kentucky (Commonwealth of) Economic Development Finance Authority (Owensboro Health, Inc.), Series 2017 A, Ref. RB                                     | CUSIP: 49126KKA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1435000 | PA      | $1493808.31   | 0.08%             | 2032-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Imperial (County of), CA Local Transportation Authority                                                                                               | Imperial (County of), CA Local Transportation Authority, Series 2022 C, Ref. RB                                                                        | CUSIP: 45272EFJ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1197280.26   | 0.06%             | 2032-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Reading School District                                                                                                                               | Reading School District, Series 2017, Ref. GO Bonds                                                                                                    | CUSIP: 755638ZE6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $31599.56     | 0.00%             | 2035-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan (State of) Finance Authority (Trinity Health Credit Group)                                                                                   | Michigan (State of) Finance Authority (Trinity Health Credit Group), Series 2017 A, Ref. RB                                                            | CUSIP: 59447TQN6<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2126602.80   | 0.11%             | 2034-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Denver (City & County of), CO (United Airlines, Inc.)                                                                                                 | Denver (City & County of), CO (United Airlines, Inc.), Series 2017, Ref. RB                                                                            | CUSIP: 249271GV3<br>LEI: MMTY7HA2MSCBUO4F7J71 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4964134.00   | 0.26%             | 2032-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Energy Northwest (Columbia Generating Station)                                                                                                        | Energy Northwest (Columbia Generating Station), Series 2019 A, Ref. RB                                                                                 | CUSIP: 29270C2U8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2360000 | PA      | $2583773.55   | 0.13%             | 2038-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey (State of) Higher Education Student Assistance Authority                                                                                   | New Jersey (State of) Higher Education Student Assistance Authority, Series 2018 B, Ref. RB                                                            | CUSIP: 646080TS0<br>LEI: 5493007OOYUHTF8GSL63 | Long             | DBT              | MUN               | US        |   2250000 | PA      | $2353500.90   | 0.12%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey (State of) Economic Development Authority (Newark Downtown District Management Corp.)                                                      | New Jersey (State of) Economic Development Authority (Newark Downtown District Management Corp.), Series 2019, Ref. RB                                 | CUSIP: 64577B5Z3<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |    107000 | PA      | $114527.94    | 0.01%             | 2037-06-15      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Golden State Tobacco Securitization Corp.                                                                                                             | Golden State Tobacco Securitization Corp., Series 2018 A-1, Ref. RB                                                                                    | CUSIP: 38122NZM7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4504059.60   | 0.23%             | 2030-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tuscaloosa (County of), AL Industrial Development Authority (Hunt Refining)                                                                           | Tuscaloosa (County of), AL Industrial Development Authority (Hunt Refining), Series 2019 A, Ref. IDR                                                   | CUSIP: 90068FAY2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2990750 | PA      | $2572405.39   | 0.13%             | 2032-05-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| New Jersey (State of) Transportation Trust Fund Authority                                                                                             | New Jersey (State of) Transportation Trust Fund Authority, Series 2018 A, Ref. RB                                                                      | CUSIP: 6461364D0<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5391381.50   | 0.28%             | 2032-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arlington Higher Education Finance Corp. (Universal Academy)                                                                                          | Arlington Higher Education Finance Corp. (Universal Academy), Series 2014 A, RB                                                                        | CUSIP: 041806AQ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1020404.60   | 0.05%             | 2029-03-01      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Coatesville Area School District Building Authority                                                                                                   | Coatesville Area School District Building Authority, Series 2018, RB                                                                                   | CUSIP: 190693AG6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    385000 | PA      | $388992.68    | 0.02%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan (State of) Building Authority (Facilities Program)                                                                                           | Michigan (State of) Building Authority (Facilities Program), Series 2015 I, Ref. RB                                                                    | CUSIP: 594615JE7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    615000 | PA      | $654499.24    | 0.03%             | 2031-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maricopa (County of), AZ Industrial Development Authority (Legacy Traditional Schools)                                                                | Maricopa (County of), AZ Industrial Development Authority (Legacy Traditional Schools), Series 2021, RB                                                | CUSIP: 56681NGS0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1275000 | PA      | $1042493.42   | 0.05%             | 2041-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Jeffersonville (City of), IN (Vivera Senior Living)                                                                                                   | Jeffersonville (City of), IN (Vivera Senior Living), Series 2020 A, RB                                                                                 | CUSIP: 475666AA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    575000 | PA      | $505021.52    | 0.03%             | 2030-11-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Northern Arizona University                                                                                                                           | Northern Arizona University, Series 2015, Ref. RB                                                                                                      | CUSIP: 6647543L0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $260223.83    | 0.01%             | 2032-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Connecticut (State of)                                                                                                                                | Connecticut (State of), Series 2018 C, GO Bonds                                                                                                        | CUSIP: 20772KCK3<br>LEI: 5493007GRO6CU0IKP741 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3288905.10   | 0.17%             | 2027-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tennessee Energy Acquisition Corp.                                                                                                                    | Tennessee Energy Acquisition Corp., Series 2006 C, RB                                                                                                  | CUSIP: 880443EC6<br>LEI: 549300OJ2Z8PGEY46K92 | Long             | DBT              | MUN               | US        |   3225000 | PA      | $3256968.14   | 0.17%             | 2024-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois (State of) Finance Authority (Advocate Health Care Network)                                                                                  | Illinois (State of) Finance Authority (Advocate Health Care Network), Series 2008 A, Ref. RB                                                           | CUSIP: 45204EY93<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2082625.00   | 0.11%             | 2030-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp. (Delta Air Lines, Inc. LaGuardia Airport Terminal C&D Redevelopment)                                        | New York Transportation Development Corp. (Delta Air Lines, Inc. LaGuardia Airport Terminal C&D Redevelopment), Series 2020, RB                        | CUSIP: 650116CX2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2923028.70   | 0.15%             | 2030-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Mida Mountain Village Public Infrastructure District                                                                                                  | Mida Mountain Village Public Infrastructure District, Series 2021, RB                                                                                  | CUSIP: 59561TAK9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $963641.80    | 0.05%             | 2027-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Virginia Beach Development Authority (Westminster-Canterbury on Chesapeake Bay)                                                                       | Virginia Beach Development Authority (Westminster-Canterbury on Chesapeake Bay), Series 2018, Ref. RB                                                  | CUSIP: 92774NAK6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $149840.21    | 0.01%             | 2028-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Mississippi (State of) Hospital Equipment & Facilities Authority                                                                                      | Mississippi (State of) Hospital Equipment & Facilities Authority, Series 2020, Ref. RB                                                                 | CUSIP: 605360TT3<br>LEI: 549300DW2GVUIGE04396 | Long             | DBT              | MUN               | US        |    650000 | PA      | $693555.92    | 0.04%             | 2033-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Memphis Arena Public Building Authority (City of Memphis)                                                                                         | New Memphis Arena Public Building Authority (City of Memphis), Series 2021, RB                                                                         | CUSIP: 64704CAF5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1375000 | PA      | $713294.45    | 0.04%             | 2037-04-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Tobacco Settlement Financing Corp.                                                                                                                    | Tobacco Settlement Financing Corp., Series 2018 B, Ref. RB                                                                                             | CUSIP: 888808HS4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $9965.34      | 0.00%             | 2027-06-01      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| Louisiana (State of) Public Facilities Authority (Archdiocese of New Orleans)                                                                         | Louisiana (State of) Public Facilities Authority (Archdiocese of New Orleans), Series 2017, Ref. RB                                                    | CUSIP: 5463987F9<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |    500000 | PA      | $450000.00    | 0.02%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Clifton Higher Education Finance Corp. (Idea Public School)                                                                                           | Clifton Higher Education Finance Corp. (Idea Public School), Series 2022 A, RB                                                                         | CUSIP: 187145NV5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    535000 | PA      | $533850.87    | 0.03%             | 2033-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles (City of), CA Department of Airports                                                                                                      | Los Angeles (City of), CA Department of Airports, Series 2020 C, RB                                                                                    | CUSIP: 544445RD3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1160000 | PA      | $1223201.21   | 0.06%             | 2039-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Atlantic Beach (City of), FL (Fleet Landing)                                                                                                          | Atlantic Beach (City of), FL (Fleet Landing), Series 2018 A, RB                                                                                        | CUSIP: 048251BZ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1111247.06   | 0.06%             | 2038-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Houston (City of), TX (United Airlines, Inc.)                                                                                                         | Houston (City of), TX (United Airlines, Inc.), Series 2021 A, RB                                                                                       | CUSIP: 442349FZ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4500000 | PA      | $3782863.35   | 0.20%             | 2041-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Monongalia (County of), WV Commission Special District (University Town Centre Economic Opportunity Development District)                             | Monongalia (County of), WV Commission Special District (University Town Centre Economic Opportunity Development District), Series 2017 A, Ref. RB      | CUSIP: 61022CAB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2018999.00   | 0.10%             | 2037-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Michigan (State of) Finance Authority (Henry Ford Health System)                                                                                      | Michigan (State of) Finance Authority (Henry Ford Health System), Series 2016, Ref. RB                                                                 | CUSIP: 59447TMD2<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2119851.20   | 0.11%             | 2028-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Coatesville School District                                                                                                                           | Coatesville School District, Series 2020 A, GO Bonds                                                                                                   | CUSIP: 190684PS3<br>LEI: 549300FB4I8E5MPRFX97 | Long             | DBT              | MUN               | US        |   1300000 | PA      | $679772.73    | 0.04%             | 2036-10-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania (Commonwealth of)                                                                                                                        | Pennsylvania (Commonwealth of), Series 2018 A, Ref. COP                                                                                                | CUSIP: 709144NN5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $328688.43    | 0.02%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Bolingbrook (Village of), IL Special Service Area No. 2005-1                                                                                          | Bolingbrook (Village of), IL Special Service Area No. 2005-1, Series 2019, Ref. RB                                                                     | CUSIP: 09755MAD1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1645000 | PA      | $1559991.66   | 0.08%             | 2033-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tobacco Settlement Financing Corp.                                                                                                                    | Tobacco Settlement Financing Corp., Series 2018 A, Ref. RB                                                                                             | CUSIP: 888808HG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2604832.50   | 0.14%             | 2031-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts (Commonwealth of) Development Finance Agency                                                                                            | Massachusetts (Commonwealth of) Development Finance Agency, Series 2019 A, Ref. RB                                                                     | CUSIP: 57584YQA0<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   2115000 | PA      | $2222430.37   | 0.12%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington (State of) Health Care Facilities Authority (Virginia Mason Medical Center)                                                                | Washington (State of) Health Care Facilities Authority (Virginia Mason Medical Center), Series 2017, Ref. RB                                           | CUSIP: 93978HSL0<br>LEI: 549300ZVPWQIL3N5TL85 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1564722.45   | 0.08%             | 2032-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin (State of) Health & Educational Facilities Authority (Camillus Health System)                                                               | Wisconsin (State of) Health & Educational Facilities Authority (Camillus Health System), Series 2019 B-2, Ref. RB                                      | CUSIP: 97712D4F0<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   1935000 | PA      | $1827475.34   | 0.09%             | 2027-11-01      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority (Goodwill Industries of Southern Nevada, Inc.)                                                                               | Public Finance Authority (Goodwill Industries of Southern Nevada, Inc.), Series 2019 A, RB                                                             | CUSIP: 74442PLR4<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1929717 | PA      | $1738249.71   | 0.09%             | 2038-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Florida Housing Finance Corp.                                                                                                                         | Florida Housing Finance Corp., Series 2015 A, RB                                                                                                       | CUSIP: 34074MLY5<br>LEI: 549300W0PCIJCI0JCF10 | Long             | DBT              | MUN               | US        |    240000 | PA      | $237324.05    | 0.01%             | 2041-07-01      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| Verrado Community Facilities District No. 1                                                                                                           | Verrado Community Facilities District No. 1, Series 2013 A, Ref. GO Bonds                                                                              | CUSIP: 92511QBA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    825000 | PA      | $824704.65    | 0.04%             | 2023-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Washington Airports Authority (Dulles Metrorail and Capital Improvement)                                                                 | Metropolitan Washington Airports Authority (Dulles Metrorail and Capital Improvement), Series 2010 A, RB                                               | CUSIP: 592643BP4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $2357444.00   | 0.12%             | 2037-10-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts (State of) Development Finance Agency                                                                                                   | Massachusetts (State of) Development Finance Agency, Series 2021 G, Ref. RB                                                                            | CUSIP: 57584YG86<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |    350000 | PA      | $364037.00    | 0.02%             | 2039-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TSASC, Inc.                                                                                                                                           | TSASC, Inc., Series 2017 A, Ref. RB                                                                                                                    | CUSIP: 898526FA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2065135.80   | 0.11%             | 2032-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Orleans (City of), LA                                                                                                                             | New Orleans (City of), LA, Series 2015, RB                                                                                                             | CUSIP: 647719NY5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $528200.15    | 0.03%             | 2035-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wichita (City of), KS (Presbyterian Manors, Inc.)                                                                                                     | Wichita (City of), KS (Presbyterian Manors, Inc.), Series 2018 I, Ref. RB                                                                              | CUSIP: 967249QC0<br>LEI: 549300Y20JVN3VP2V718 | Long             | DBT              | MUN               | US        |   1140000 | PA      | $1064983.21   | 0.06%             | 2033-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority (Mallard Creek Stem Academy)                                                                                                 | Public Finance Authority (Mallard Creek Stem Academy), Series 2019 A, RB                                                                               | CUSIP: 74442EEA4<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1745000 | PA      | $1678206.29   | 0.09%             | 2029-06-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Pulaski (County of), AR Public Facilities Board                                                                                                       | Pulaski (County of), AR Public Facilities Board, Series 2014, RB                                                                                       | CUSIP: 74540HAG9<br>LEI: 549300FW3F0WYTXI3E38 | Long             | DBT              | MUN               | US        |   1345000 | PA      | $1384684.09   | 0.07%             | 2028-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin (State of) Public Finance Authority (Bancroft Neurohealth)                                                                                  | Wisconsin (State of) Public Finance Authority (Bancroft Neurohealth), Series 2016 A, RB                                                                | CUSIP: 74442PCP8<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    125000 | PA      | $114228.54    | 0.01%             | 2036-06-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Coatesville Area School District Building Authority                                                                                                   | Coatesville Area School District Building Authority, Series 2018, RB                                                                                   | CUSIP: 190693AJ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    360000 | PA      | $363501.76    | 0.02%             | 2027-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois (State of) Metropolitan Pier & Exposition Authority (McCormick Place Expansion)                                                              | Illinois (State of) Metropolitan Pier & Exposition Authority (McCormick Place Expansion), Series 2002 A, Ref. RB                                       | CUSIP: 592248FY9<br>LEI: 254900I3VDCQ58UGBR15 | Long             | DBT              | MUN               | US        |   1295000 | PA      | $1311545.05   | 0.07%             | 2023-06-15      | Variable      | 5.70%                 | No            |                  2 | On Loan: No      |
| Glendale (City of), AZ Industrial Development Authority (The Beatitudes Campus)                                                                       | Glendale (City of), AZ Industrial Development Authority (The Beatitudes Campus), Series 2017, Ref. RB                                                  | CUSIP: 378286JE9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2105000 | PA      | $2073059.99   | 0.11%             | 2028-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan (State of) Strategic Fund (Holland Home Obligated Group)                                                                                     | Michigan (State of) Strategic Fund (Holland Home Obligated Group), Series 2019, Ref. RB                                                                | CUSIP: 594698RL8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1810000 | PA      | $1817335.21   | 0.09%             | 2034-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lower Colorado River Authority                                                                                                                        | Lower Colorado River Authority, Series 2019, Ref. RB                                                                                                   | CUSIP: 54811BSP7<br>LEI: 549300QJFPW2NNBYR215 | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1337891.28   | 0.07%             | 2030-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| St. John the Baptist (Parish of), LA (Marathon Oil Corp.)                                                                                             | St. John the Baptist (Parish of), LA (Marathon Oil Corp.), Series 2017, Ref. RB                                                                        | CUSIP: 79020FAX4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $967304.30    | 0.05%             | 2037-06-01      | Variable      | 2.10%                 | No            |                  2 | On Loan: No      |
| Metropolitan Washington Airports Authority                                                                                                            | Metropolitan Washington Airports Authority, Series 2019 A, Ref. RB                                                                                     | CUSIP: 592647GD7<br>LEI: 7HERAVJJLN8J1DZ6AZ19 | Long             | DBT              | MUN               | US        |   1435000 | PA      | $1548567.48   | 0.08%             | 2032-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Terre Haute (City of), IN (Silver Birch of Terre Haute)                                                                                               | Terre Haute (City of), IN (Silver Birch of Terre Haute), Series 2017, RB                                                                               | CUSIP: 881080AA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    685000 | PA      | $598155.70    | 0.03%             | 2032-01-01      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| Pennsylvania (Commonwealth of) Turnpike Commission                                                                                                    | Pennsylvania (Commonwealth of) Turnpike Commission, Series 2015 A-1, Ref. RB                                                                           | CUSIP: 709224GK9<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |    250000 | PA      | $263625.50    | 0.01%             | 2034-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Kalamazoo Economic Development Corp. (Heritage Community of Kalamazoo)                                                                                | Kalamazoo Economic Development Corp. (Heritage Community of Kalamazoo), Series 2020, RB                                                                | CUSIP: 483228DZ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1520000 | PA      | $1423747.06   | 0.07%             | 2026-05-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| Illinois (State of) Finance Authority (Park Place of Elmhurst)                                                                                        | Illinois (State of) Finance Authority (Park Place of Elmhurst), Series 2016, RB                                                                        | CUSIP: 45204FHC2<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   1043614 | PA      | $753940.15    | 0.04%             | 2060-05-15      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Michigan (State of) Strategic Fund (Canterbury Health Care, Inc.)                                                                                     | Michigan (State of) Strategic Fund (Canterbury Health Care, Inc.), Series 2016, RB                                                                     | CUSIP: 594698NV0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1530000 | PA      | $1221100.19   | 0.06%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California (State of) Public Finance Authority (Enso Village) (Green Bonds)                                                                           | California (State of) Public Finance Authority (Enso Village) (Green Bonds), Series 2021, RB                                                           | CUSIP: 13057GAA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1160000 | PA      | $1056482.76   | 0.05%             | 2036-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey (State of) Economic Development Authority (Port Newark Container Terminal LLC)                                                             | New Jersey (State of) Economic Development Authority (Port Newark Container Terminal LLC), Series 2017, Ref. RB                                        | CUSIP: 64578CCF6<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $983171.10    | 0.05%             | 2047-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Philadelphia (City of), PA Gas Works                                                                                                                  | Philadelphia (City of), PA Gas Works, Series 2015, Ref. RB                                                                                             | CUSIP: 7178237Q5<br>LEI: 549300H8UJ7V5WU5IA90 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1038433.00   | 0.05%             | 2032-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey (State of) Economic Development Authority                                                                                                  | New Jersey (State of) Economic Development Authority, Series 2017 DDD, RB                                                                              | CUSIP: 64577BK86<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   3670000 | PA      | $4034996.18   | 0.21%             | 2031-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Shelby (County of), TN Health, Educational & Housing Facilities Board (Methodist Le Bonheur Healthcare)                                               | Shelby (County of), TN Health, Educational & Housing Facilities Board (Methodist Le Bonheur Healthcare), Series 2017 A, RB                             | CUSIP: 821697S34<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1185000 | PA      | $1277184.82   | 0.07%             | 2031-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas (State of) Transportation Commission (Central Texas Turnpike System)                                                                            | Texas (State of) Transportation Commission (Central Texas Turnpike System), Series 2015 B, Ref. RB                                                     | CUSIP: 88283KAM0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $2693951.50   | 0.14%             | 2036-08-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Transport Metropolitan District No. 3                                                                                                                 | Transport Metropolitan District No. 3, Series 2021 A-1, GO Bonds                                                                                       | CUSIP: 89386FAA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    805000 | PA      | $717238.18    | 0.04%             | 2031-12-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Pennsylvania (Commonwealth of)                                                                                                                        | Pennsylvania (Commonwealth of), Series 2018 A, Ref. COP                                                                                                | CUSIP: 709144NP0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    375000 | PA      | $411590.85    | 0.02%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois (State of) Metropolitan Pier & Exposition Authority (McCormick Place Expansion)                                                              | Illinois (State of) Metropolitan Pier & Exposition Authority (McCormick Place Expansion), Series 1998 A, Ref. RB                                       | CUSIP: 592248EE4<br>LEI: 254900I3VDCQ58UGBR15 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2143080.00   | 0.11%             | 2029-06-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| New York (State of) Thruway Authority                                                                                                                 | New York (State of) Thruway Authority, Series 2018 L, Ref. RB                                                                                          | CUSIP: 650009P80<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1096284.60   | 0.06%             | 2031-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago (City of), IL                                                                                                                                 | Chicago (City of), IL, Series 2003 B, Ref. GO Bonds                                                                                                    | CUSIP: 167486VE6<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |    250000 | PA      | $253538.50    | 0.01%             | 2030-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp. (Green Bonds)                                                                                                       | Florida Development Finance Corp. (Green Bonds), Series 2019 B, RB                                                                                     | CUSIP: 34061YAH3<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $8917222.00   | 0.46%             | 2049-01-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| Brighton Crossing Metropolitan District No. 4                                                                                                         | Brighton Crossing Metropolitan District No. 4, Series 2017 A, GO Bonds                                                                                 | CUSIP: 109330AD2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1050000 | PA      | $1019800.85   | 0.05%             | 2037-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Floyd (County of), GA Development Authority (The Spires at Berry College)                                                                             | Floyd (County of), GA Development Authority (The Spires at Berry College), Series 2018 A, RB                                                           | CUSIP: 343572AA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    940000 | PA      | $917075.84    | 0.05%             | 2028-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Capital Trust Agency, Inc. (Franklin Academy)                                                                                                         | Capital Trust Agency, Inc. (Franklin Academy), Series 2020, RB                                                                                         | CUSIP: 14054DAK3<br>LEI: 549300F49UWS7X0OGQ59 | Long             | DBT              | MUN               | US        |   1220000 | PA      | $1152080.04   | 0.06%             | 2040-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Otsego County Capital Resource Corp. (Hartwick College)                                                                                               | Otsego County Capital Resource Corp. (Hartwick College), Series 2015 A, Ref. RB                                                                        | CUSIP: 689090AM0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $471763.40    | 0.02%             | 2030-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of California                                                                                                                                   | State of California, Series 2022, GO Bonds                                                                                                             | CUSIP: 13063DS74<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3424008.60   | 0.18%             | 2039-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana (State of) Finance Authority (United States Steel Corp.)                                                                                      | Indiana (State of) Finance Authority (United States Steel Corp.), Series 2021 A, Ref. RB                                                               | CUSIP: 455054BE5<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $975356.70    | 0.05%             | 2026-12-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Regional Transportation Authority                                                                                                                     | Regional Transportation Authority, Series 2018, RB                                                                                                     | CUSIP: 7599113X6<br>LEI: 549300FOIPI62F5YFO59 | Long             | DBT              | MUN               | US        |   3995000 | PA      | $4400268.38   | 0.23%             | 2032-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts School Building Authority                                                                                                               | Massachusetts School Building Authority, Series 2018, RB                                                                                               | CUSIP: 576000WF6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10735000 | PA      | $10749189.52  | 0.56%             | 2039-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Manhattan (Village of), IL Special Service Area No. 2004-1 (Brookstone Springs)                                                                       | Manhattan (Village of), IL Special Service Area No. 2004-1 (Brookstone Springs), Series 2015, Ref. RB                                                  | CUSIP: 562863AG5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    421000 | PA      | $418774.22    | 0.02%             | 2024-03-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| New Hope Cultural Education Facilities Corp. (Wesleyan Homes, Inc.)                                                                                   | New Hope Cultural Education Facilities Corp. (Wesleyan Homes, Inc.), Series 2014, RB                                                                   | CUSIP: 64542UAM6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1280697.32   | 0.07%             | 2035-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Clear Creek Transit Metropolitan District No. 2                                                                                                       | Clear Creek Transit Metropolitan District No. 2, Series 2021 A, GO Bonds                                                                               | CUSIP: 184542AA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    525000 | PA      | $462552.88    | 0.02%             | 2031-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| San Diego (City of), CA Community Facilities District No. 3                                                                                           | San Diego (City of), CA Community Facilities District No. 3, Series 2013, Ref. RB                                                                      | CUSIP: 79727QBS6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    520000 | PA      | $526645.29    | 0.03%             | 2024-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California (State of) Statewide Communities Development Authority (Loma Linda University Medical Center)                                              | California (State of) Statewide Communities Development Authority (Loma Linda University Medical Center), Series 2018 A, RB                            | CUSIP: 13080SVK7<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1013787.70   | 0.05%             | 2038-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Santa Margarita Water District (Community Facilities District No. 2013-1)                                                                             | Santa Margarita Water District (Community Facilities District No. 2013-1), Series 2013, RB                                                             | CUSIP: 802242EK9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    990000 | PA      | $1002004.44   | 0.05%             | 2026-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York (City of), NY                                                                                                                                | New York (City of), NY, Series 2015 C, Ref. GO Bonds                                                                                                   | CUSIP: 64966LA27<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1041504.60   | 0.05%             | 2029-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico (Commonwealth of) Industrial, Tourist, Educational, Medical & Environmental Control Facilities Financing Auth (Hospital Auxilio Mutuo)    | Puerto Rico (Commonwealth of) Industrial, Tourist, Educational, Medical & Environmental Control Facilities Financing Authority (Hospital Auxilio Mutuo | CUSIP: 74527EFM5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    425000 | PA      | $466359.34    | 0.02%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Northern Indiana Commuter Transportation District                                                                                                     | Northern Indiana Commuter Transportation District, Series 2016, RB                                                                                     | CUSIP: 66528PAT5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1335066.50   | 0.07%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Vauxmont Metropolitan District                                                                                                                        | Vauxmont Metropolitan District, Series 2020, Ref. GO Bonds                                                                                             | CUSIP: 92242SBB8<br>LEI: 549300M7XL6MB0OW8D56 | Long             | DBT              | MUN               | US        |    255000 | PA      | $279303.59    | 0.01%             | 2033-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Highlands (County of), FL Health Facilities Authority (Trousdale Foundation Properties)                                                               | Highlands (County of), FL Health Facilities Authority (Trousdale Foundation Properties), Series 2018 A, RB                                             | CUSIP: 43102XAF1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $940000.00    | 0.05%             | 2028-04-01      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| Viridian Municipal Management District                                                                                                                | Viridian Municipal Management District, Series 2015, Ref. GO Bonds                                                                                     | CUSIP: 92823PAV8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $527261.45    | 0.03%             | 2030-12-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Missouri (State of) Health & Educational Facilities Authority (Lutheran Senior Services)                                                              | Missouri (State of) Health & Educational Facilities Authority (Lutheran Senior Services), Series 2019 A, RB                                            | CUSIP: 60635H2Q1<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1117207.74   | 0.06%             | 2029-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kentwood Economic Development Corp. (Holland Home Obligated Group)                                                                                    | Kentwood Economic Development Corp. (Holland Home Obligated Group), Series 2022, Ref. RB                                                               | CUSIP: 491740FA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $928511.50    | 0.05%             | 2031-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New Jersey (State of) Higher Education Student Assistance Authority                                                                                   | New Jersey (State of) Higher Education Student Assistance Authority, Series 2013 1B, RB                                                                | CUSIP: 646080QB0<br>LEI: 5493007OOYUHTF8GSL63 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5000912.00   | 0.26%             | 2043-12-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Illinois (State of) Metropolitan Pier & Exposition Authority (McCormick Place Expansion)                                                              | Illinois (State of) Metropolitan Pier & Exposition Authority (McCormick Place Expansion), Series 2002, RB                                              | CUSIP: 5922478J2<br>LEI: 254900I3VDCQ58UGBR15 | Long             | DBT              | MUN               | US        |   2550000 | PA      | $1925563.65   | 0.10%             | 2029-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Palm Beach (County of), FL Health Facilities Authority (ACTS Retirement-Life Communities, Inc.)                                                       | Palm Beach (County of), FL Health Facilities Authority (ACTS Retirement-Life Communities, Inc.), Series 2020 B, RB                                     | CUSIP: 69650MAX7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $213837.85    | 0.01%             | 2041-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New Orleans (City of), LA Aviation Board (Parking Facilities Corp. Consolidated Garage System)                                                        | New Orleans (City of), LA Aviation Board (Parking Facilities Corp. Consolidated Garage System), Series 2018 B, Ref. RB                                 | CUSIP: 64763KAS7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $386589.42    | 0.02%             | 2030-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida (State of) Higher Educational Facilities Financial Authority (Florida Institute of Technology)                                                | Florida (State of) Higher Educational Facilities Financial Authority (Florida Institute of Technology), Series 2019, RB                                | CUSIP: 34073TMX2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2590000 | PA      | $2710484.47   | 0.14%             | 2032-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania (Commonwealth of) Turnpike Commission                                                                                                    | Pennsylvania (Commonwealth of) Turnpike Commission, Series 2017 3, Ref. RB                                                                             | CUSIP: 709224D89<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3245482.80   | 0.17%             | 2034-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Orleans (City of), LA                                                                                                                             | New Orleans (City of), LA, Series 2015, RB                                                                                                             | CUSIP: 647719NV1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $316920.09    | 0.02%             | 2032-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hope Cultural Education Facilities Finance Corp. (Longhorn Village)                                                                               | New Hope Cultural Education Facilities Finance Corp. (Longhorn Village), Series 2017, Ref. RB                                                          | CUSIP: 64542UDN1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1090000 | PA      | $1091149.08   | 0.06%             | 2027-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago (City of), IL                                                                                                                                 | Chicago (City of), IL, Series 2017 B, Ref. RB                                                                                                          | CUSIP: 167727ZC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3085560.00   | 0.16%             | 2033-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| William S. Hart Union High School District (Community Facilities District No. 2005-1)                                                                 | William S. Hart Union High School District (Community Facilities District No. 2005-1), Series 2015, Ref. RB                                            | CUSIP: 969281GT5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1045000 | PA      | $1072271.89   | 0.06%             | 2032-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan (State of) Building Authority (Facilities Program)                                                                                           | Michigan (State of) Building Authority (Facilities Program), Series 2015 I, Ref. RB                                                                    | CUSIP: 594615JH0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4385000 | PA      | $4634395.56   | 0.24%             | 2031-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Municipal Gas Acquisition & Supply Corp. I                                                                                                      | Texas Municipal Gas Acquisition & Supply Corp. I, Series 2008 D, RB                                                                                    | CUSIP: 88256CEX3<br>LEI: 6AZ7FRSNC3ZFPM0Z8L86 | Long             | DBT              | MUN               | US        |   3820000 | PA      | $3992108.19   | 0.21%             | 2026-12-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Louisiana (State of) Public Facilities Authority (19th Judicial District Court Building)                                                              | Louisiana (State of) Public Facilities Authority (19th Judicial District Court Building), Series 2015, Ref. RB                                         | CUSIP: 5463982F4<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |   1405000 | PA      | $1482498.82   | 0.08%             | 2036-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority (Explore Academy)                                                                                                            | Public Finance Authority (Explore Academy), Series 2022 A, RB                                                                                          | CUSIP: 74443DHE4<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    485000 | PA      | $434546.27    | 0.02%             | 2039-02-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Puerto Rico (Commonwealth of) Aqueduct & Sewer Authority                                                                                              | Puerto Rico (Commonwealth of) Aqueduct & Sewer Authority, Series 2021 B, RB                                                                            | CUSIP: 745160TF8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4365000 | PA      | $4382957.17   | 0.23%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Carolina (State of) Department of Transportation (I-77 HOT Lanes)                                                                               | North Carolina (State of) Department of Transportation (I-77 HOT Lanes), Series 2015, RB                                                               | CUSIP: 65820FAD9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1340000 | PA      | $1368315.94   | 0.07%             | 2029-06-30      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Vauxmont Metropolitan District                                                                                                                        | Vauxmont Metropolitan District, Series 2020, Ref. GO Bonds                                                                                             | CUSIP: 92242SBC6<br>LEI: 549300M7XL6MB0OW8D56 | Long             | DBT              | MUN               | US        |    285000 | PA      | $310141.13    | 0.02%             | 2034-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Washington Airports Authority                                                                                                            | Metropolitan Washington Airports Authority, Series 2019 A, RB                                                                                          | CUSIP: 592647GM7<br>LEI: 7HERAVJJLN8J1DZ6AZ19 | Long             | DBT              | MUN               | US        |   1635000 | PA      | $1696121.86   | 0.09%             | 2040-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan (State of) Finance Authority (Detroit Water & Sewerage Department)                                                                           | Michigan (State of) Finance Authority (Detroit Water & Sewerage Department), Series 2014 C-7, Ref. RB                                                  | CUSIP: 59447PZY0<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1034839.90   | 0.05%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California (State of) Housing Finance Agency                                                                                                          | California (State of) Housing Finance Agency, Series 2021-2, Class A, Ctfs.                                                                            | CUSIP: 13033DAG0<br>LEI: 549300BOPCVLBA552Z14 | Long             | DBT              | MUN               | US        |   9859015 | PA      | $9683872.71   | 0.50%             | 2035-03-25      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp. (Renaissance Charter School, Inc.)                                                                                  | Florida Development Finance Corp. (Renaissance Charter School, Inc.), Series 2015, RB                                                                  | CUSIP: 34061UBU1<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |   1265000 | PA      | $1278855.92   | 0.07%             | 2035-06-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Chester (County of), PA Health & Education Facilities Authority (Simpson Senior Services)                                                             | Chester (County of), PA Health & Education Facilities Authority (Simpson Senior Services), Series 2015 A, Ref. RB                                      | CUSIP: 165579EU3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $953069.60    | 0.05%             | 2030-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California (State of)                                                                                                                                 | California (State of), Series 2020, Ref. GO Bonds                                                                                                      | CUSIP: 13063DUD8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9385000 | PA      | $9733501.65   | 0.51%             | 2036-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New Memphis Arena Public Building Authority (City of Memphis)                                                                                         | New Memphis Arena Public Building Authority (City of Memphis), Series 2021, RB                                                                         | CUSIP: 64704CAE8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1200000 | PA      | $658350.96    | 0.03%             | 2036-04-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Clifton Higher Education Finance Corp. (International Leadership of Texas)                                                                            | Clifton Higher Education Finance Corp. (International Leadership of Texas), Series 2015 A, RB                                                          | CUSIP: 187145DP9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3009894.30   | 0.16%             | 2030-08-15      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Clifton Higher Education Finance Corp. (Idea Public School)                                                                                           | Clifton Higher Education Finance Corp. (Idea Public School), Series 2022 A, RB                                                                         | CUSIP: 187145NX1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    410000 | PA      | $403333.81    | 0.02%             | 2035-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Central Texas Regional Mobility Authority                                                                                                             | Central Texas Regional Mobility Authority, Series 2021 B, RB                                                                                           | CUSIP: 155498LQ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $650489.34    | 0.03%             | 2036-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Nashville (City of) & Davidson (County of), TN Metropolitan Government Health & Educational Facilities Board (Lipscomb University)                    | Nashville (City of) & Davidson (County of), TN Metropolitan Government Health & Educational Facilities Board (Lipscomb University), Series 2019 A, Ref | CUSIP: 592041YK7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1115000 | PA      | $1148409.97   | 0.06%             | 2035-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp. (American Airlines, Inc.)                                                                                   | New York Transportation Development Corp. (American Airlines, Inc.), Series 2016, Ref. RB                                                              | CUSIP: 650116BP0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  25500000 | PA      | $25500283.05  | 1.32%             | 2031-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Build NYC Resource Corp. (Brooklyn Navy Yard)                                                                                                         | Build NYC Resource Corp. (Brooklyn Navy Yard), Series 2019, Ref. RB                                                                                    | CUSIP: 12008EPN0<br>LEI: 549300GROJFKMNLWEK84 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1388054.55   | 0.07%             | 2033-12-31      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| North Texas Tollway Authority                                                                                                                         | North Texas Tollway Authority, Series 2017 B, Ref. RB                                                                                                  | CUSIP: 66285WXF8<br>LEI: PQGZGRE0F2WPMYQQ1B78 | Long             | DBT              | MUN               | US        |    750000 | PA      | $773811.45    | 0.04%             | 2034-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| San Francisco (City & County of), CA Airport Commission (San Francisco International Airport)                                                         | San Francisco (City & County of), CA Airport Commission (San Francisco International Airport), Series 2019 A, Ref. RB                                  | CUSIP: 79766DNL9<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |   1335000 | PA      | $1416437.80   | 0.07%             | 2034-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Oneida County Local Development Corp. (Mohawk Valley Health System)                                                                                   | Oneida County Local Development Corp. (Mohawk Valley Health System), Series 2019, Ref. RB                                                              | CUSIP: 682440BA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1103743.90   | 0.06%             | 2031-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Louisiana (State of) Public Facilities Authority (Ochsner Clinic Foundation)                                                                          | Louisiana (State of) Public Facilities Authority (Ochsner Clinic Foundation), Series 2016, Ref. RB                                                     | CUSIP: 546399DS2<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |   2545000 | PA      | $2634152.37   | 0.14%             | 2034-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port Authority of New York & New Jersey                                                                                                               | Port Authority of New York & New Jersey, Series 2021, RB                                                                                               | CUSIP: 73358XAR3<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |   1625000 | PA      | $1606433.24   | 0.08%             | 2036-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New Hope Cultural Education Facilities Finance Corp. (Collegiate Housing Stephenville II, LLC - Tarleton State University)                            | New Hope Cultural Education Facilities Finance Corp. (Collegiate Housing Stephenville II, LLC - Tarleton State University), Series 2014 A, RB          | CUSIP: 64542RBF7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    785000 | PA      | $790671.55    | 0.04%             | 2023-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| George L Smith II Congress Center Authority (Convention Center Hotel)                                                                                 | George L Smith II Congress Center Authority (Convention Center Hotel), Series 2021, RB                                                                 | CUSIP: 37255MAB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1015084.51   | 0.05%             | 2036-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New Orleans (City of), LA Aviation Board (Parking Facilities Corp. Consolidated Garage System)                                                        | New Orleans (City of), LA Aviation Board (Parking Facilities Corp. Consolidated Garage System), Series 2018 A, RB                                      | CUSIP: 64763KAF5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $105200.80    | 0.01%             | 2038-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tulsa (City of), OK Municipal Airport Trust                                                                                                           | Tulsa (City of), OK Municipal Airport Trust, Series 2001 B, Ref. RB                                                                                    | CUSIP: 899661EJ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3250000 | PA      | $3256765.53   | 0.17%             | 2035-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Connecticut (State of) (Transportation Infrastructure)                                                                                                | Connecticut (State of) (Transportation Infrastructure), Series 2018, RB                                                                                | CUSIP: 207758XJ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5519338.00   | 0.29%             | 2030-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts (Commonwealth of) Water Resources Authority                                                                                             | Massachusetts (Commonwealth of) Water Resources Authority, Series 2007 B, Ref. RB                                                                      | CUSIP: 576049V64<br>LEI: 549300GBS2G3YGHOYO19 | Long             | DBT              | MUN               | US        |    300000 | PA      | $320521.80    | 0.02%             | 2025-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Minnesota (State of) Higher Education Facilities Authority (Bethel University)                                                                        | Minnesota (State of) Higher Education Facilities Authority (Bethel University), Series 2017, Ref. RB                                                   | CUSIP: 60416H3X0<br>LEI: 549300DI4V4CIPMX7K35 | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1758174.08   | 0.09%             | 2032-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington (State of) Housing Finance Commission (Eliseo)                                                                                             | Washington (State of) Housing Finance Commission (Eliseo), Series 2021 B-2, Ref. RB                                                                    | CUSIP: 939783H33<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |   2750000 | PA      | $2471861.98   | 0.13%             | 2027-07-01      | Fixed         | 2.12%                 | No            |                  2 | On Loan: No      |
| Southeastern Ohio (State of) Port Authority (Memorial Health Systems)                                                                                 | Southeastern Ohio (State of) Port Authority (Memorial Health Systems), Series 2015, Ref. RB                                                            | CUSIP: 841895AX3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $355067.69    | 0.02%             | 2029-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Manatee (County of), FL School District                                                                                                               | Manatee (County of), FL School District, Series 2017, RB                                                                                               | CUSIP: 56185PCJ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3240767.70   | 0.17%             | 2031-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Las Vegas (City of), NV Special Improvement District No. 815                                                                                          | Las Vegas (City of), NV Special Improvement District No. 815, Series 2020, RB                                                                          | CUSIP: 51778VAF1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    235000 | PA      | $227125.39    | 0.01%             | 2025-12-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| State of New Jersey                                                                                                                                   | State of New Jersey, Series 2020, GO Bonds                                                                                                             | CUSIP: 646039YS0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3176011.20   | 0.16%             | 2032-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Michigan (State of) Finance Authority                                                                                                                 | Michigan (State of) Finance Authority, Series 2015, Ref. RB                                                                                            | CUSIP: 59447TCM3<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |    245000 | PA      | $252495.51    | 0.01%             | 2032-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California (County of), CA Tobacco Securitization Agency                                                                                              | California (County of), CA Tobacco Securitization Agency, Series 2020 A, Ref. RB                                                                       | CUSIP: 13016NEQ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    385000 | PA      | $407680.35    | 0.02%             | 2032-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp.                                                                                                             | New York Transportation Development Corp., Series 2022, RB                                                                                             | CUSIP: 650116FD3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3121761.90   | 0.16%             | 2029-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico (Commonwealth of) Highway & Transportation Authority                                                                                      | Puerto Rico (Commonwealth of) Highway & Transportation Authority, Series 2007 CC, Ref. RB                                                              | CUSIP: 745181D53<br>LEI: 549300J6QBXVWJXB7Y41 | Long             | DBT              | MUN               | US        |   2485000 | PA      | $2543597.54   | 0.13%             | 2030-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Pompano Beach (City of), FL (John Knox Village)                                                                                                       | Pompano Beach (City of), FL (John Knox Village), Series 2021 B-1, RB                                                                                   | CUSIP: 732203BK9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1150000 | PA      | $970997.33    | 0.05%             | 2029-01-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Philadelphia (City of), PA Authority for Industrial Development (Wesley Enhanced Living Obligated Group)                                              | Philadelphia (City of), PA Authority for Industrial Development (Wesley Enhanced Living Obligated Group), Series 2017, Ref. RB                         | CUSIP: 717824AQ9<br>LEI: 549300DIY68KQZEW7M79 | Long             | DBT              | MUN               | US        |   4355000 | PA      | $3730830.95   | 0.19%             | 2042-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Mirabella Community Development District                                                                                                              | Mirabella Community Development District, Series 2013, RB                                                                                              | CUSIP: 60458GAA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     85000 | PA      | $86789.05     | 0.00%             | 2026-11-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Kentucky (Commonwealth of) Municipal Power Agency (Prairie State)                                                                                     | Kentucky (Commonwealth of) Municipal Power Agency (Prairie State), Series 2019 A, Ref. RB                                                              | CUSIP: 491501FA5<br>LEI: 2549001MTI3IE05Z7959 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1080814.40   | 0.06%             | 2033-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Connecticut (State of) Health & Educational Facilities Authority                                                                                      | Connecticut (State of) Health & Educational Facilities Authority, Series 2020 G-1, Ref. RB                                                             | CUSIP: 20775DED0<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |    285000 | PA      | $289663.26    | 0.02%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Orleans (City of), LA                                                                                                                             | New Orleans (City of), LA, Series 2015, RB                                                                                                             | CUSIP: 647753LS9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1165000 | PA      | $1241186.22   | 0.06%             | 2035-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Miami-Dade FL Transit System                                                                                                                | County of Miami-Dade FL Transit System, Series 2022, RB                                                                                                | CUSIP: 59334PKQ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5405743.50   | 0.28%             | 2043-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Viridian Municipal Management District                                                                                                                | Viridian Municipal Management District, Series 2015, Ref. GO Bonds                                                                                     | CUSIP: 92823PBY1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    920000 | PA      | $970161.07    | 0.05%             | 2030-12-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Michigan (State of) Finance Authority (Wayne (County of) Criminal Justice Center)                                                                     | Michigan (State of) Finance Authority (Wayne (County of) Criminal Justice Center), Series 2018, RB                                                     | CUSIP: 59447TSB0<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1669116.00   | 0.09%             | 2029-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Houston (City of), TX Airport System (United Airlines, Inc. Terminal E)                                                                               | Houston (City of), TX Airport System (United Airlines, Inc. Terminal E), Series 2014, Ref. RB                                                          | CUSIP: 4423487G7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2465000 | PA      | $2469634.69   | 0.13%             | 2024-07-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Kentucky (Commonwealth of) Municipal Power Agency (Prairie State)                                                                                     | Kentucky (Commonwealth of) Municipal Power Agency (Prairie State), Series 2016, Ref. RB                                                                | CUSIP: 491501EK4<br>LEI: 2549001MTI3IE05Z7959 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5361548.50   | 0.28%             | 2031-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Palomar Health                                                                                                                                        | Palomar Health, Series 2016, Ref. RB                                                                                                                   | CUSIP: 697528AQ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $519912.45    | 0.03%             | 2031-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Cook (County of), IL                                                                                                                                  | Cook (County of), IL, Series 2018, Ref. RB                                                                                                             | CUSIP: 213248BY2<br>LEI: 5493004UMR7OX4YITE10 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2131269.40   | 0.11%             | 2035-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| University of Arizona Board of Regents (Arizona Biomedical Research Collaborative Building)                                                           | University of Arizona Board of Regents (Arizona Biomedical Research Collaborative Building), Series 2006, COP                                          | CUSIP: 04048PCR9<br>LEI: 254900BLZ1MCZ5JLK411 | Long             | DBT              | MUN               | US        |     20000 | PA      | $20026.44     | 0.00%             | 2031-06-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| West Shore Area Authority (Messiah Village)                                                                                                           | West Shore Area Authority (Messiah Village), Series 2015 A, Ref. RB                                                                                    | CUSIP: 95581QAH2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $500578.00    | 0.03%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                                                                                            | Chicago Board of Education, Series 2021, GO Bonds                                                                                                      | CUSIP: 167505XP6<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   1240000 | PA      | $1209342.36   | 0.06%             | 2038-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Cleveland (City of) & Cuyahoga (County of), OH Port Authority (Euclid Avenue Development Corp.)                                                       | Cleveland (City of) & Cuyahoga (County of), OH Port Authority (Euclid Avenue Development Corp.), Series 2014, Ref. RB                                  | CUSIP: 186103HV2<br>LEI: 549300KI3FXFLUKF3A98 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1031868.40   | 0.05%             | 2027-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tarrant County Cultural Education Facilities Finance Corp. (MRC Stevenson Oaks)                                                                       | Tarrant County Cultural Education Facilities Finance Corp. (MRC Stevenson Oaks), Series 2020 B-2, Ref. RB                                              | CUSIP: 87638RKK2<br>LEI: 549300ROY505NVTMMI25 | Long             | DBT              | MUN               | US        |    945000 | PA      | $904411.87    | 0.05%             | 2026-11-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Missouri (State of) Joint Municipal Electric Utility Commission (Iatan 2)                                                                             | Missouri (State of) Joint Municipal Electric Utility Commission (Iatan 2), Series 2014 A, Ref. RB                                                      | CUSIP: 606092GC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2039154.80   | 0.11%             | 2029-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Mida Mountain Village Public Infrastructure District                                                                                                  | Mida Mountain Village Public Infrastructure District, Series 2021, RB                                                                                  | CUSIP: 59561TAH6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1205000 | PA      | $1184973.14   | 0.06%             | 2025-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New Jersey (State of) Transportation Trust Fund Authority                                                                                             | New Jersey (State of) Transportation Trust Fund Authority, Series 2009 C, RB                                                                           | CUSIP: 646136V32<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |    250000 | PA      | $258388.20    | 0.01%             | 2032-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Illinois (State of)                                                                                                                                   | Illinois (State of), Series 2020, GO Bonds                                                                                                             | CUSIP: 4521526L0<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   2455000 | PA      | $2591448.41   | 0.13%             | 2039-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Selma (City of), AL Industrial Development Board (International Paper Co.)                                                                            | Selma (City of), AL Industrial Development Board (International Paper Co.), Series 2019, Ref. RB                                                       | CUSIP: 81647PAE3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1442655.30   | 0.07%             | 2033-11-01      | Variable      | 2.00%                 | No            |                  2 | On Loan: No      |
| Bartlett (Village of), IL (Quarry Redevelopment)                                                                                                      | Bartlett (Village of), IL (Quarry Redevelopment), Series 2007, Ref. RB                                                                                 | CUSIP: 069342AC7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    195000 | PA      | $195101.56    | 0.01%             | 2023-01-01      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| New York (State of) Dormitory Authority (Montefiore Obligated Group)                                                                                  | New York (State of) Dormitory Authority (Montefiore Obligated Group), Series 2018 A, Ref. RB                                                           | CUSIP: 64990GGA4<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   3195000 | PA      | $3254529.56   | 0.17%             | 2031-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire (State of) Business Finance Authority (Covanta Green Bonds)                                                                             | New Hampshire (State of) Business Finance Authority (Covanta Green Bonds), Series 2020 B, Ref. RB                                                      | CUSIP: 63607YAJ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    605000 | PA      | $490765.84    | 0.03%             | 2045-07-01      | Variable      | 3.75%                 | No            |                  2 | On Loan: No      |
| Fayette County School District Finance Corp.                                                                                                          | Fayette County School District Finance Corp., Series 2015 D, RB                                                                                        | CUSIP: 312432ZQ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1054605.90   | 0.05%             | 2031-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois (State of) Finance Authority (University of Illinois Health Services)                                                                        | Illinois (State of) Finance Authority (University of Illinois Health Services), Series 2020, RB                                                        | CUSIP: 452031AN7<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    750000 | PA      | $780258.53    | 0.04%             | 2035-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Decatur (City of), TX Hospital Authority (Wise Regional Health System)                                                                                | Decatur (City of), TX Hospital Authority (Wise Regional Health System), Series 2014 A, Ref. RB                                                         | CUSIP: 243323BV3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1024256.80   | 0.05%             | 2029-09-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Kentucky (Commonwealth of) Economic Development Finance Authority (Next Generation Kentucky Information Highway)                                      | Kentucky (Commonwealth of) Economic Development Finance Authority (Next Generation Kentucky Information Highway), Series 2015 A, RB                    | CUSIP: 49126PEW6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3057088.50   | 0.16%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority (Beyond Boone LLC - Appalachian State University)                                                                            | Public Finance Authority (Beyond Boone LLC - Appalachian State University), Series 2019 A, RB                                                          | CUSIP: 74439YBT7<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    800000 | PA      | $840905.36    | 0.04%             | 2034-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Orleans (City of), LA Aviation Board (Parking Facilities Corp. Consolidated Garage System)                                                        | New Orleans (City of), LA Aviation Board (Parking Facilities Corp. Consolidated Garage System), Series 2018 B, Ref. RB                                 | CUSIP: 64763KAW8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $108194.13    | 0.01%             | 2034-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California (State of) Enterprise Development Authority (Academy for Academic Excellence)                                                              | California (State of) Enterprise Development Authority (Academy for Academic Excellence), Series 2020 A, RB                                            | CUSIP: 13069AAA6<br>LEI: 549300544P6FSHU1HB46 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $924957.00    | 0.05%             | 2040-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Windler Public Improvement Authority                                                                                                                  | Windler Public Improvement Authority, Series 2021 A-1, RB                                                                                              | CUSIP: 973405AA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1065000 | PA      | $901323.98    | 0.05%             | 2031-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Illinois (State of) Metropolitan Pier & Exposition Authority (McCormick Place Expansion)                                                              | Illinois (State of) Metropolitan Pier & Exposition Authority (McCormick Place Expansion), Series 2012 B, Ref. RB                                       | CUSIP: 592250AG9<br>LEI: 254900I3VDCQ58UGBR15 | Long             | DBT              | MUN               | US        |   5010000 | PA      | $5012997.98   | 0.26%             | 2022-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Washington Airports Authority Aviation Revenue                                                                                           | Metropolitan Washington Airports Authority Aviation Revenue, Series 2019, RB                                                                           | CUSIP: 592647GL9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3775000 | PA      | $3931460.54   | 0.20%             | 2039-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Salt Lake City UT Airport Revenue                                                                                                             | City of Salt Lake City UT Airport Revenue, Series 2018, RB                                                                                             | CUSIP: 795576HD2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3688483.40   | 0.19%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico (Commonwealth of)                                                                                                                         | Puerto Rico (Commonwealth of), Series 2021 A1, GO Bonds                                                                                                | CUSIP: 74514L3L9<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |   1174863 | PA      | $1001935.03   | 0.05%             | 2035-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Philadelphia (City of), PA Authority for Industrial Development (La Salle University)                                                                 | Philadelphia (City of), PA Authority for Industrial Development (La Salle University), Series 2017, Ref. RB                                            | CUSIP: 71781XDS9<br>LEI: 549300DIY68KQZEW7M79 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $911211.90    | 0.05%             | 2034-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Casino Reinvestment Development Authority, Inc.                                                                                                       | Casino Reinvestment Development Authority, Inc., Series 2014, Ref. RB                                                                                  | CUSIP: 14760RAN1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1035182.20   | 0.05%             | 2027-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Idaho (State of) Housing & Finance Association                                                                                                        | Idaho (State of) Housing & Finance Association, Series 2019, Ref. RB                                                                                   | CUSIP: 45129WPP9<br>LEI: 5493002WM3NYB1LQB744 | Long             | DBT              | MUN               | US        |   1900000 | PA      | $2082357.25   | 0.11%             | 2035-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey (State of) Educational Facilities Authority (Rider University)                                                                             | New Jersey (State of) Educational Facilities Authority (Rider University), Series 2017 F, RB                                                           | CUSIP: 646066Z29<br>LEI: 549300UTOO4X537XXG70 | Long             | DBT              | MUN               | US        |    395000 | PA      | $385879.73    | 0.02%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Charlotte (City of), NC (Charlotte Douglas International Airport)                                                                                     | Charlotte (City of), NC (Charlotte Douglas International Airport), Series 2017 A, RB                                                                   | CUSIP: 161036ME5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1067019.70   | 0.06%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Francisco Bay Area Rapid Transit District                                                                                                         | San Francisco Bay Area Rapid Transit District, Series 2019, GO Bonds                                                                                   | CUSIP: 797661YA7<br>LEI: 549300Y3C3QUMLE3FY58 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5122533.50   | 0.27%             | 2037-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New Hope Cultural Education Facilities Finance Corp. (Jubilee Academic Center)                                                                        | New Hope Cultural Education Facilities Finance Corp. (Jubilee Academic Center), Series 2021, Ref. RB                                                   | CUSIP: 64542QCF8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1766744.00   | 0.09%             | 2036-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Osceola (County of), FL                                                                                                                               | Osceola (County of), FL, Series 2020 A-1, Ref. RB                                                                                                      | CUSIP: 688031DV2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $305022.57    | 0.02%             | 2034-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tobacco Settlement Financing Corp.                                                                                                                    | Tobacco Settlement Financing Corp., Series 2015 A, Ref. RB                                                                                             | CUSIP: 888809BA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1080000 | PA      | $1108145.45   | 0.06%             | 2028-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hope Cultural Education Facilities Finance Corp. (Longhorn Village)                                                                               | New Hope Cultural Education Facilities Finance Corp. (Longhorn Village), Series 2017, Ref. RB                                                          | CUSIP: 64542UDV3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1923630.40   | 0.10%             | 2037-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago (City of), IL                                                                                                                                 | Chicago (City of), IL, Series 2015 A, GO Bonds                                                                                                         | CUSIP: 167486WM7<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5073110.50   | 0.26%             | 2029-01-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Kansas (State of) Municipal Energy Agency (Jameson Energy Center)                                                                                     | Kansas (State of) Municipal Energy Agency (Jameson Energy Center), Series 2013, RB                                                                     | CUSIP: 48526CAP2<br>LEI: 549300G77TEGJUQPZW28 | Long             | DBT              | MUN               | US        |   1140000 | PA      | $1156214.68   | 0.06%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois (State of) Finance Authority (University of Illinois Health Services)                                                                        | Illinois (State of) Finance Authority (University of Illinois Health Services), Series 2020, RB                                                        | CUSIP: 452031AM9<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    750000 | PA      | $784232.10    | 0.04%             | 2034-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington (State of) Convention Center Public Facilities District (Green Notes)                                                                      | Washington (State of) Convention Center Public Facilities District (Green Notes), Series 2021, RB                                                      | CUSIP: 93976ACR1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1129647.00   | 0.06%             | 2031-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Arkansas River Power Authority                                                                                                                        | Arkansas River Power Authority, Series 2018 A, Ref. RB                                                                                                 | CUSIP: 041036DL5<br>LEI: 549300JY7B7H80DT6195 | Long             | DBT              | MUN               | US        |   2645000 | PA      | $2745194.72   | 0.14%             | 2032-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California (State of) Municipal Finance Authority (American Heritage Education Foundation)                                                            | California (State of) Municipal Finance Authority (American Heritage Education Foundation), Series 2016 A, Ref. RB                                     | CUSIP: 13049AAG8<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    875000 | PA      | $880908.88    | 0.05%             | 2046-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arnold Retail Corridor Transportation Development District                                                                                            | Arnold Retail Corridor Transportation Development District, Series 2019, Ref. RB                                                                       | CUSIP: 04259PAC8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $27322.78     | 0.00%             | 2028-11-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| New Jersey (State of) Transportation Trust Fund Authority                                                                                             | New Jersey (State of) Transportation Trust Fund Authority, Series 2020 AA, RB                                                                          | CUSIP: 6461367A3<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1945600.00   | 0.10%             | 2037-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin (State of) Public Finance Authority (ACTS Retirement-Life Community)                                                                        | Wisconsin (State of) Public Finance Authority (ACTS Retirement-Life Community), Series 2020 A, RB                                                      | CUSIP: 74446CAC4<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    600000 | PA      | $534996.66    | 0.03%             | 2037-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Gloucester (County of), NJ Industrial Pollution Control Financing Authority (Logan)                                                                   | Gloucester (County of), NJ Industrial Pollution Control Financing Authority (Logan), Series 2014 A, Ref. PCR                                           | CUSIP: 37969RAA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1670000 | PA      | $1696504.74   | 0.09%             | 2024-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Regional Transportation Authority                                                                                                                     | Regional Transportation Authority, Series 2002 A, RB                                                                                                   | CUSIP: 759911K25<br>LEI: 549300FOIPI62F5YFO59 | Long             | DBT              | MUN               | US        |   2700000 | PA      | $3071609.64   | 0.16%             | 2027-07-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp.                                                                                                                 | Puerto Rico Sales Tax Financing Corp., Series 2018 A-1, RB                                                                                             | CUSIP: 74529JPU3<br>LEI: 549300EIUFISISP8X671 | Long             | DBT              | MUN               | US        |   3468000 | PA      | $3273938.00   | 0.17%             | 2034-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Colorado (State of) Health Facilities Authority (Children's Hospital Co.)                                                                             | Colorado (State of) Health Facilities Authority (Children's Hospital Co.), Series 2013 A, RB                                                           | CUSIP: 19648AL52<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |    200000 | PA      | $201163.58    | 0.01%             | 2036-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| La Paz (County of), AZ Industrial Development Authority (Charter School Solutions- Harmony Public Schools)                                            | La Paz (County of), AZ Industrial Development Authority (Charter School Solutions- Harmony Public Schools), Series 2018 A, RB                          | CUSIP: 50376FAR8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1209731.76   | 0.06%             | 2038-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tri-County Metropolitan Transportation District of Oregon                                                                                             | Tri-County Metropolitan Transportation District of Oregon, Series 2018, RB                                                                             | CUSIP: 89546RQV9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7465000 | PA      | $7327927.67   | 0.38%             | 2048-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Kelso (City of), WA Housing Authority                                                                                                                 | Kelso (City of), WA Housing Authority, Series 1998, RB                                                                                                 | CUSIP: 488269AC5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $19999.53     | 0.00%             | 2028-03-01      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| Allegheny (County of), PA Industrial Development Authority (United States Steel Corp.)                                                                | Allegheny (County of), PA Industrial Development Authority (United States Steel Corp.), Series 2019, Ref. RB                                           | CUSIP: 01730PAA7<br>LEI: 5493001680EYSTWFLS08 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2004078.80   | 0.10%             | 2024-11-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Kentucky (Commonwealth of) Economic Development Finance Authority (Next Generation Kentucky Information Highway)                                      | Kentucky (Commonwealth of) Economic Development Finance Authority (Next Generation Kentucky Information Highway), Series 2015 A, RB                    | CUSIP: 49126PEU0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1530974.10   | 0.08%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Broward (County of), FL (Convention Center Expansion)                                                                                                 | Broward (County of), FL (Convention Center Expansion), Series 2021, RB                                                                                 | CUSIP: 115085AQ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  13000000 | PA      | $13182050.70  | 0.68%             | 2037-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Houston Higher Education Finance Corp. (KIPP, Inc.)                                                                                           | City of Houston Higher Education Finance Corp. (KIPP, Inc.), Series 2015, Ref. RB                                                                      | CUSIP: 44237HBW4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $262902.78    | 0.01%             | 2029-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey (State of) Transportation Trust Fund Authority                                                                                             | New Jersey (State of) Transportation Trust Fund Authority, Series 2018 A, Ref. RN                                                                      | CUSIP: 6461363L3<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   4500000 | PA      | $4743220.95   | 0.25%             | 2029-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arizona (State of) Industrial Development Authority (Pinecrest Academy of Nevada-Horizon, Inspirada and St. Rose Campus Projects)                     | Arizona (State of) Industrial Development Authority (Pinecrest Academy of Nevada-Horizon, Inspirada and St. Rose Campus Projects), Series 2018 A, RB   | CUSIP: 04052BHD9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1810000 | PA      | $1850718.12   | 0.10%             | 2038-07-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| California (State of) County Tobacco Securitization Agency                                                                                            | California (State of) County Tobacco Securitization Agency, Series 2014, Ref. RB                                                                       | CUSIP: 13016NEA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    765000 | PA      | $765790.02    | 0.04%             | 2029-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Mississippi (State of) Hospital Equipment & Facilities Authority                                                                                      | Mississippi (State of) Hospital Equipment & Facilities Authority, Series 2020, Ref. RB                                                                 | CUSIP: 605360TW6<br>LEI: 549300DW2GVUIGE04396 | Long             | DBT              | MUN               | US        |    650000 | PA      | $678554.57    | 0.04%             | 2036-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan (State of) Finance Authority (Detroit Water & Sewerage Department)                                                                           | Michigan (State of) Finance Authority (Detroit Water & Sewerage Department), Series 2014 C-7, Ref. RB                                                  | CUSIP: 59447PZZ7<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1034997.20   | 0.05%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Stephenson County School District No. 145 Freeport                                                                                                    | Stephenson County School District No. 145 Freeport, Series 2018 A, GO Bonds                                                                            | CUSIP: 858892NC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    895000 | PA      | $995448.54    | 0.05%             | 2031-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Atwater (City of), CA                                                                                                                                 | Atwater (City of), CA, Series 2017 A, Ref. RB                                                                                                          | CUSIP: 050002AR5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $107933.18    | 0.01%             | 2033-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Central Texas Regional Mobility Authority                                                                                                             | Central Texas Regional Mobility Authority, Series 2021 B, RB                                                                                           | CUSIP: 155498LP1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $653576.76    | 0.03%             | 2035-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Palm Beach (County of), FL Health Facilities Authority                                                                                                | Palm Beach (County of), FL Health Facilities Authority, Series 2020 B-1, RB                                                                            | CUSIP: 696507UU4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2720000 | PA      | $2720000.00   | 0.14%             | 2027-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Vauxmont Metropolitan District                                                                                                                        | Vauxmont Metropolitan District, Series 2020, Ref. GO Bonds                                                                                             | CUSIP: 92242SAZ6<br>LEI: 549300M7XL6MB0OW8D56 | Long             | DBT              | MUN               | US        |    230000 | PA      | $253559.29    | 0.01%             | 2031-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Knox (County of), TN Health, Educational & Housing Facility Board (Covenant Health)                                                                   | Knox (County of), TN Health, Educational & Housing Facility Board (Covenant Health), Series 2012 A, Ref. RB                                            | CUSIP: 499527BL2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $500687.05    | 0.03%             | 2025-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago (City of), IL Board of Education                                                                                                              | Chicago (City of), IL Board of Education, Series 2018 C, Ref. GO Bonds                                                                                 | CUSIP: 167505VS2<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1014872.20   | 0.05%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Burlington (City of), VT                                                                                                                              | Burlington (City of), VT, Series 2014 A, Ref. RB                                                                                                       | CUSIP: 122064DE5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1022883.40   | 0.05%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kane County School District No. 131 Aurora East Side                                                                                                  | Kane County School District No. 131 Aurora East Side, Series 2020 A, GO Bonds                                                                          | CUSIP: 484008NT0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    745000 | PA      | $755724.20    | 0.04%             | 2036-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Maryland Economic Development Corp. (AFCO Cargo BWI II, LLC)                                                                                          | Maryland Economic Development Corp. (AFCO Cargo BWI II, LLC), Series 2017, Ref. RB                                                                     | CUSIP: 57420MAE3<br>LEI: 549300JJ16DDBSZWSN94 | Long             | DBT              | MUN               | US        |    855000 | PA      | $847606.82    | 0.04%             | 2024-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Texas (State of) Transportation Commission (Central Texas Turnpike System)                                                                            | Texas (State of) Transportation Commission (Central Texas Turnpike System), Series 2015 C, Ref. RB                                                     | CUSIP: 88283KAW8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5109000.50   | 0.27%             | 2033-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kentucky (Commonwealth of) Economic Development Finance Authority (Rosedale Green)                                                                    | Kentucky (Commonwealth of) Economic Development Finance Authority (Rosedale Green), Series 2015, Ref. RB                                               | CUSIP: 49126TAS1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3100000 | PA      | $2816071.00   | 0.15%             | 2035-11-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Missouri (State of) Health & Educational Facilities Authority (Lutheran Senior Services)                                                              | Missouri (State of) Health & Educational Facilities Authority (Lutheran Senior Services), Series 2016, Ref. RB                                         | CUSIP: 60635H2B4<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |   1305000 | PA      | $1304911.13   | 0.07%             | 2033-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Payne (County of), OK Economic Development Authority (Epworth Living at the Ranch)                                                                    | Payne (County of), OK Economic Development Authority (Epworth Living at the Ranch), Series 2016 B-2, RB                                                | CUSIP: 704387AJ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    851798 | PA      | $2129.49      | 0.00%             | 2023-11-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| South Carolina (State of) Jobs-Economic Development Authority (Lutheran Homes)                                                                        | South Carolina (State of) Jobs-Economic Development Authority (Lutheran Homes), Series 2013, RB                                                        | CUSIP: 837033KJ7<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $998814.40    | 0.05%             | 2023-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Educational Enhancement Funding Corp.                                                                                                                 | Educational Enhancement Funding Corp., Series 2013 B, RB                                                                                               | CUSIP: 83754LAJ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    550000 | PA      | $556631.74    | 0.03%             | 2026-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey (State of) Economic Development Authority (The Goethals Bridge Replacement)                                                                | New Jersey (State of) Economic Development Authority (The Goethals Bridge Replacement), Series 2013, RB                                                | CUSIP: 645918Z63<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   1390000 | PA      | $1404714.26   | 0.07%             | 2026-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Woodbury (City of), MN Housing & Redevelopment Authority (St. Therese of Woodbury)                                                                    | Woodbury (City of), MN Housing & Redevelopment Authority (St. Therese of Woodbury), Series 2014, RB                                                    | CUSIP: 979141AH1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    175000 | PA      | $170290.87    | 0.01%             | 2024-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Seattle (Port of), WA (SEATAC Fuel Facilities LLC)                                                                                                    | Seattle (Port of), WA (SEATAC Fuel Facilities LLC), Series 2013, Ref. RB                                                                               | CUSIP: 735397CK5<br>LEI: 549300T9UCDUJ3GZL429 | Long             | DBT              | MUN               | US        |   1560000 | PA      | $1573987.74   | 0.08%             | 2024-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois (State of) Finance Authority (University of Chicago)                                                                                         | Illinois (State of) Finance Authority (University of Chicago), Series 2021 A, Ref. RB                                                                  | CUSIP: 45204FHA6<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   1350000 | PA      | $1535163.17   | 0.08%             | 2037-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Hawaii (State of) Department of Transportation (Airports Division)                                                                                    | Hawaii (State of) Department of Transportation (Airports Division), Series 2013, COP                                                                   | CUSIP: 419808AN0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1266966.38   | 0.07%             | 2023-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago (City of), IL Metropolitan Water Reclamation District (Green Bonds)                                                                           | Chicago (City of), IL Metropolitan Water Reclamation District (Green Bonds), Series 2015 C, GO Bonds                                                   | CUSIP: 167560SD4<br>LEI: 254900GOGQEZEWCZ4D37 | Long             | DBT              | MUN               | US        |   7000000 | PA      | $7312594.10   | 0.38%             | 2027-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago (City of), IL                                                                                                                                 | Chicago (City of), IL, Series 2017 A, Ref. GO Bonds                                                                                                    | CUSIP: 167486ZX0<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2559544.75   | 0.13%             | 2034-01-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| San Diego County Regional Airport Authority                                                                                                           | San Diego County Regional Airport Authority, Series 2021, RB                                                                                           | CUSIP: 79739GNS1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2857527.60   | 0.15%             | 2040-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Northern California Tobacco Securitization Authority                                                                                                  | Northern California Tobacco Securitization Authority, Series 2021 B-1, Ref. RB                                                                         | CUSIP: 888794BZ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3790000 | PA      | $3767678.42   | 0.20%             | 2049-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Michigan (State of) Strategic Fund (Green Bonds)                                                                                                      | Michigan (State of) Strategic Fund (Green Bonds), Series 2021, RB                                                                                      | CUSIP: 594698SR4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1230000 | PA      | $1189611.60   | 0.06%             | 2061-10-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| Clark (County of), NV (Special Improvement District No. 159)                                                                                          | Clark (County of), NV (Special Improvement District No. 159), Series 2015, RB                                                                          | CUSIP: 181003MW1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    320000 | PA      | $322837.09    | 0.02%             | 2032-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Imperial (County of), CA Local Transportation Authority                                                                                               | Imperial (County of), CA Local Transportation Authority, Series 2022 D, Ref. RB                                                                        | CUSIP: 45272EFK6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2880000 | PA      | $3134331.65   | 0.16%             | 2032-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tennergy Corp./TN                                                                                                                                     | Tennergy Corp./TN, Series 2022, RB                                                                                                                     | CUSIP: 880397CF9<br>LEI: 5493008K3JJFBSC4C235 | Long             | DBT              | MUN               | US        |   3300000 | PA      | $3448791.39   | 0.18%             | 2053-10-01      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| Massachusetts (State of) Development Finance Agency (Seven Hills Foundation)                                                                          | Massachusetts (State of) Development Finance Agency (Seven Hills Foundation), Series 2021, Ref. RB                                                     | CUSIP: 57584YW21<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   1380000 | PA      | $1127774.50   | 0.06%             | 2048-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Phoenix Civic Improvement Corp.                                                                                                                       | Phoenix Civic Improvement Corp., Series 2019 A, RB                                                                                                     | CUSIP: 718846AU2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3809172.15   | 0.20%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Parish of St. John the Baptist LA                                                                                                                     | Parish of St. John the Baptist LA, Series 2017, RB                                                                                                     | CUSIP: 79020FAY2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1838805.40   | 0.10%             | 2037-06-01      | Variable      | 2.20%                 | No            |                  2 | On Loan: No      |
| Manhattan (City of), KS (Meadowlark Hills)                                                                                                            | Manhattan (City of), KS (Meadowlark Hills), Series 2021 A, Ref. RB                                                                                     | CUSIP: 563017EB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1150000 | PA      | $863408.04    | 0.04%             | 2046-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Washington Airports Authority Aviation Revenue                                                                                           | Metropolitan Washington Airports Authority Aviation Revenue, Series 2021, RB                                                                           | CUSIP: 592647KC4<br>LEI: 7HERAVJJLN8J1DZ6AZ19 | Long             | DBT              | MUN               | US        |   6000000 | PA      | $6538738.20   | 0.34%             | 2033-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Phoenix (City of), AZ Industrial Development Authority (Great Hearts Academies)                                                                       | Phoenix (City of), AZ Industrial Development Authority (Great Hearts Academies), Series 2016, Ref. RB                                                  | CUSIP: 71885FEH6<br>LEI: 549300A62PWFBDWB8332 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1012797.40   | 0.05%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Nashville (City of) & Davidson (County of), TN Metropolitan Gov Health & Educational Facilities Board (The) (Vanderbilt University Medical Center)    | Nashville (City of) & Davidson (County of), TN Metropolitan Gov Health & Educational Facilities Board (The) (Vanderbilt University Medical Center), Se | CUSIP: 592041WE3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1042940.90   | 0.05%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Temple (City of), TX                                                                                                                                  | Temple (City of), TX, Series 2018 A, RB                                                                                                                | CUSIP: 880157BG6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5078069.00   | 0.26%             | 2038-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TSASC, Inc.                                                                                                                                           | TSASC, Inc., Series 2017 A, Ref. RB                                                                                                                    | CUSIP: 898526FC7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1026705.80   | 0.05%             | 2034-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Guam (Territory of)                                                                                                                                   | Guam (Territory of), Series 2021 F, Ref. RB                                                                                                            | CUSIP: 40065NCM7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1043080.70   | 0.05%             | 2029-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Palm Beach (County of), FL Health Facilities Authority (ACTS Retirement-Life Communities, Inc.)                                                       | Palm Beach (County of), FL Health Facilities Authority (ACTS Retirement-Life Communities, Inc.), Series 2016, Ref. RB                                  | CUSIP: 69650MAV1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3527349.00   | 0.18%             | 2032-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tulsa (City of), OK Municipal Airport Trust (American Airlines Group, Inc.)                                                                           | Tulsa (City of), OK Municipal Airport Trust (American Airlines Group, Inc.), Series 2015, Ref. RB                                                      | CUSIP: 899661EL2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5047844.00   | 0.26%             | 2035-06-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Port Beaumont Navigation District (Jefferson Gulf Coast Energy)                                                                                       | Port Beaumont Navigation District (Jefferson Gulf Coast Energy), Series 2021, RB                                                                       | CUSIP: 73360CAH7<br>LEI: 549300G8PKBXALUKJY33 | Long             | DBT              | MUN               | US        |    800000 | PA      | $662370.48    | 0.03%             | 2029-01-01      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| New Jersey (State of) Transportation Trust Fund Authority                                                                                             | New Jersey (State of) Transportation Trust Fund Authority, Series 2018 A, Ref. RB                                                                      | CUSIP: 6461363Z2<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5482096.50   | 0.28%             | 2028-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Carolina (State of) Jobs-Economic Development Authority (Prisma Health Obligated Group)                                                         | South Carolina (State of) Jobs-Economic Development Authority (Prisma Health Obligated Group), Series 2018 A, Ref. RB                                  | CUSIP: 83703FLP5<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |    200000 | PA      | $203059.72    | 0.01%             | 2048-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pima (County of), AZ Industrial Development Authority (American Leadership Academy)                                                                   | Pima (County of), AZ Industrial Development Authority (American Leadership Academy), Series 2015, Ref. RB                                              | CUSIP: 72177MQY6<br>LEI: 549300QDTQ25545R4K19 | Long             | DBT              | MUN               | US        |   1360000 | PA      | $1353229.24   | 0.07%             | 2035-06-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Chula Vista (City of), CA Municipal Financing Authority                                                                                               | Chula Vista (City of), CA Municipal Financing Authority, Series 2015 B, Ref. RB                                                                        | CUSIP: 17131DAL1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1591255.80   | 0.08%             | 2026-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Georgia (State of) Municipal Electric Authority of Georgia (Plant Vogtle Units 3 & 4)                                                                 | Georgia (State of) Municipal Electric Authority of Georgia (Plant Vogtle Units 3 & 4), Series 2021 A, Ref. RB                                          | CUSIP: 6262078E7<br>LEI: JA0WNILDDF2KUPS83B16 | Long             | DBT              | MUN               | US        |    485000 | PA      | $471430.14    | 0.02%             | 2041-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Arizona (State of) Industrial Development Authority                                                                                                   | Arizona (State of) Industrial Development Authority, Series 2019-2, Class A, Ctfs.                                                                     | CUSIP: 04052ABH8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3073694 | PA      | $2960400.35   | 0.15%             | 2033-05-20      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| Philadelphia (City of), PA Hospitals & Higher Education Facilities Authority (Temple University Health System)                                        | Philadelphia (City of), PA Hospitals & Higher Education Facilities Authority (Temple University Health System), Series 2017, Ref. RB                   | CUSIP: 717903L48<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2295000 | PA      | $2396357.30   | 0.12%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin (State of) Health & Educational Facilities Authority (American Baptist Homes of the Midwest Obligated Group)                                | Wisconsin (State of) Health & Educational Facilities Authority (American Baptist Homes of the Midwest Obligated Group), Series 2017, Ref. RB           | CUSIP: 97712DZD1<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   5100000 | PA      | $4607913.75   | 0.24%             | 2032-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wichita (City of), KS (Presbyterian Manors, Inc.)                                                                                                     | Wichita (City of), KS (Presbyterian Manors, Inc.), Series 2019, Ref. RB                                                                                | CUSIP: 967249QS5<br>LEI: 549300Y20JVN3VP2V718 | Long             | DBT              | MUN               | US        |   2950000 | PA      | $2735754.48   | 0.14%             | 2034-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Denver (State of) Health & Hospital Authority                                                                                                         | Denver (State of) Health & Hospital Authority, Series 2019 A, Ref. RB                                                                                  | CUSIP: 24918EEK2<br>LEI: 549300WFV5S7GIR4OS67 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2225799.75   | 0.12%             | 2038-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| American Municipal Power, Inc. (Combined Hydroelectric)                                                                                               | American Municipal Power, Inc. (Combined Hydroelectric), Series 2016 A, Ref. RB                                                                        | CUSIP: 02765UMF8<br>LEI: EARKGGZJJEMVD66XQ486 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3005665.50   | 0.16%             | 2035-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York Counties Tobacco Trust IV                                                                                                                    | New York Counties Tobacco Trust IV, Series 2005 A, RB                                                                                                  | CUSIP: 62947YAD3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4520000 | PA      | $4277593.30   | 0.22%             | 2042-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maple Grove (City of), MN (Maple Grove Hospital Corp.)                                                                                                | Maple Grove (City of), MN (Maple Grove Hospital Corp.), Series 2017, Ref. RB                                                                           | CUSIP: 56516TBR5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1600000 | PA      | $1661336.00   | 0.09%             | 2032-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| St. Louis (County of), MO Industrial Development Authority (Friendship Village of Sunset Hills)                                                       | St. Louis (County of), MO Industrial Development Authority (Friendship Village of Sunset Hills), Series 2012, RB                                       | CUSIP: 791524BN0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    340000 | PA      | $339434.78    | 0.02%             | 2023-09-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Chicago (City of), IL                                                                                                                                 | Chicago (City of), IL, Series 2008 C, Ref. RB                                                                                                          | CUSIP: 167727WN2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2546379.00   | 0.13%             | 2029-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Macon-Bibb (County of), GA Urban Development Authority (Academy for Classical Education, Inc.)                                                        | Macon-Bibb (County of), GA Urban Development Authority (Academy for Classical Education, Inc.), Series 2017 A, RB                                      | CUSIP: 555542NC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1540000 | PA      | $1560157.21   | 0.08%             | 2037-06-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Mississippi Business Finance Corp. (System Energy Resources, Inc.)                                                                                    | Mississippi Business Finance Corp. (System Energy Resources, Inc.), Series 2021, RB                                                                    | CUSIP: 605279MK1<br>LEI: 549300DYV074JUDKBQ77 | Long             | DBT              | MUN               | US        |   1390000 | PA      | $922489.07    | 0.05%             | 2044-06-01      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| Denver (City & County of), CO                                                                                                                         | Denver (City & County of), CO                                                                                                                          | CUSIP: 249182TA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2250000 | PA      | $2577894.75   | 0.13%             | 2032-11-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| New Orleans (City of), LA Aviation Board (Parking Facilities Corp. Consolidated Garage System)                                                        | New Orleans (City of), LA Aviation Board (Parking Facilities Corp. Consolidated Garage System), Series 2018 B, Ref. RB                                 | CUSIP: 64763KAV0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    135000 | PA      | $146903.07    | 0.01%             | 2033-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California (State of) Statewide Communities Development Authority (Loma Linda University Medical Center)                                              | California (State of) Statewide Communities Development Authority (Loma Linda University Medical Center), Series 2014, RB                              | CUSIP: 13080SEU4<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   4300000 | PA      | $4405377.09   | 0.23%             | 2029-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Washington (County of), PA Redevelopment Authority (Victory Centre)                                                                                   | Washington (County of), PA Redevelopment Authority (Victory Centre), Series 2018, Ref. RB                                                              | CUSIP: 938618AC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    225000 | PA      | $224017.34    | 0.01%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Washington Airports Authority (Dulles Metrorail and Capital Improvement)                                                                 | Metropolitan Washington Airports Authority (Dulles Metrorail and Capital Improvement), Series 2010 A, RB                                               | CUSIP: 592643CK4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     40000 | PA      | $19444.32     | 0.00%             | 2037-10-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Allen (County of), IN (Evergreen Village Fort Wayne)                                                                                                  | Allen (County of), IN (Evergreen Village Fort Wayne), Series 2019, RB                                                                                  | CUSIP: 01752PAC6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    570000 | PA      | $524061.31    | 0.03%             | 2039-02-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp. (Renaissance Charter School, Inc.)                                                                                  | Florida Development Finance Corp. (Renaissance Charter School, Inc.), Series 2020 C, Ref. RB                                                           | CUSIP: 34061UFA1<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |    470000 | PA      | $431966.80    | 0.02%             | 2030-09-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Tempe (City of), AZ Industrial Development Authority (Mirabella at ASU)                                                                               | Tempe (City of), AZ Industrial Development Authority (Mirabella at ASU), Series 2017 A, RB                                                             | CUSIP: 87972MAV4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1245000 | PA      | $1197946.22   | 0.06%             | 2027-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Tobacco Settlement Financing Corp.                                                                                                                    | Tobacco Settlement Financing Corp., Series 2018 A, Ref. RB                                                                                             | CUSIP: 888808HH8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4965000 | PA      | $5163432.68   | 0.27%             | 2032-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago Midway International Airport                                                                                                                  | Chicago Midway International Airport, Series 2013, RB                                                                                                  | CUSIP: 167562MS3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6500000 | PA      | $6506274.45   | 0.34%             | 2033-01-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Railsplitter Tobacco Settlement Authority                                                                                                             | Railsplitter Tobacco Settlement Authority, Series 2017, RB                                                                                             | CUSIP: 75076PAZ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4251705.60   | 0.22%             | 2027-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| National Finance Authority                                                                                                                            | National Finance Authority, Series 2022-2, Class A                                                                                                     | CUSIP: 63607WAE4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1996002 | PA      | $1840658.16   | 0.10%             | 2036-10-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Adelanto (City of), CA Public Utility Authority                                                                                                       | Adelanto (City of), CA Public Utility Authority, Series 2017 A, Ref. RB                                                                                | CUSIP: 006797BR4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    175000 | PA      | $191766.24    | 0.01%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey (State of) Transportation Trust Fund Authority                                                                                             | New Jersey (State of) Transportation Trust Fund Authority, Series 2010 D, RB                                                                           | CUSIP: 646136YC9<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1535724.30   | 0.08%             | 2023-12-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New Hampshire (State of) Business Finance Authority                                                                                                   | New Hampshire (State of) Business Finance Authority, Series 2020 1-A, RB                                                                               | CUSIP: 63607WAA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3357307 | PA      | $3238668.15   | 0.17%             | 2034-01-20      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Kentucky (Commonwealth of) Municipal Power Agency (Prairie State)                                                                                     | Kentucky (Commonwealth of) Municipal Power Agency (Prairie State), Series 2019 A, Ref. RB                                                              | CUSIP: 491501EY4<br>LEI: 2549001MTI3IE05Z7959 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1629582.00   | 0.08%             | 2031-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ohio (State of)                                                                                                                                       | Ohio (State of), Series 2020 A, Ref. RB                                                                                                                | CUSIP: 67756CDX3<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |    600000 | PA      | $645544.20    | 0.03%             | 2033-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Frisco Independent School District                                                                                                                    | Frisco Independent School District, Series 2019, Ref. GO Bonds                                                                                         | CUSIP: 35880CZR8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3375000 | PA      | $3727263.60   | 0.19%             | 2036-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Franklin (County of), PA Industrial Development Authority (Menno-Haven, Inc.)                                                                         | Franklin (County of), PA Industrial Development Authority (Menno-Haven, Inc.), Series 2018, Ref. RB                                                    | CUSIP: 353273BR5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $933240.70    | 0.05%             | 2029-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City & County Honolulu HI Wastewater System Revenue                                                                                                   | City & County Honolulu HI Wastewater System Revenue, Series 2015, RB                                                                                   | CUSIP: 438701B94<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6000000 | PA      | $6307452.60   | 0.33%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Connecticut (State of) Health & Educational Facilities Authority                                                                                      | Connecticut (State of) Health & Educational Facilities Authority, Series 2020 G-1, Ref. RB                                                             | CUSIP: 20775DEG3<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |    600000 | PA      | $598234.86    | 0.03%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Harris County Cultural Education Facilities Finance Corp. (YMCA of the Greater Houston Area)                                                          | Harris County Cultural Education Facilities Finance Corp. (YMCA of the Greater Houston Area), Series 2013 A, Ref. RB                                   | CUSIP: 414009EZ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1467607.05   | 0.08%             | 2028-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Hamden (Town of), CT (Whitney Center)                                                                                                                 | Hamden (Town of), CT (Whitney Center), Series 2019, Ref. RB                                                                                            | CUSIP: 4067927W5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2685000 | PA      | $2561578.34   | 0.13%             | 2030-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Denver (City & County of), CO                                                                                                                         | Denver (City & County of), CO, Series 2018 A, Ref. RB                                                                                                  | CUSIP: 249182LD6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1091353.70   | 0.06%             | 2030-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Burleigh (County of), ND (University of Mary)                                                                                                         | Burleigh (County of), ND (University of Mary), Series 2016, RB                                                                                         | CUSIP: 12139LAA0<br>LEI: 549300O9YPNGKFXM8354 | Long             | DBT              | MUN               | US        |    475000 | PA      | $466594.16    | 0.02%             | 2026-04-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Westchester County Local Development Corp.                                                                                                            | Westchester County Local Development Corp., Series 2014, RB                                                                                            | CUSIP: 95737TBB1<br>LEI: 549300KOSU8OC75V9238 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5022758.00   | 0.26%             | 2034-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Mida Mountain Village Public Infrastructure District                                                                                                  | Mida Mountain Village Public Infrastructure District, Series 2021, RB                                                                                  | CUSIP: 59561TAN3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $925732.50    | 0.05%             | 2030-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New Hope Cultural Education Facilities Corp. (Presbyterian Village North)                                                                             | New Hope Cultural Education Facilities Corp. (Presbyterian Village North), Series 2018, Ref. RB                                                        | CUSIP: 64542UEM2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2105000 | PA      | $1995045.33   | 0.10%             | 2029-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Buffalo & Erie County Industrial Land Development Corp. (Medaille College)                                                                            | Buffalo & Erie County Industrial Land Development Corp. (Medaille College), Series 2018, Ref. RB                                                       | CUSIP: 11943KDG4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $465259.80    | 0.02%             | 2038-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California (State of) Municipal Finance Authority (CHF-Davis I, LLC - West Village Student Housing)                                                   | California (State of) Municipal Finance Authority (CHF-Davis I, LLC - West Village Student Housing), Series 2018, RB                                   | CUSIP: 13049YBD2<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5100389.50   | 0.26%             | 2035-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Salem-Keizer School District No. 24J                                                                                                                  | Salem-Keizer School District No. 24J, Series 2020 A, GO Bonds                                                                                          | CUSIP: 569203NT5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4415000 | PA      | $1988625.93   | 0.10%             | 2040-06-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| North Carolina (State of) Medical Care Commission                                                                                                     | North Carolina (State of) Medical Care Commission, Series 2020 A, RB                                                                                   | CUSIP: 65821DXA4<br>LEI: 549300FH6KOXGCHQYG81 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1358022.13   | 0.07%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Howard (County of), MD (Downtown Columbia)                                                                                                            | Howard (County of), MD (Downtown Columbia), Series 2017 A, RB                                                                                          | CUSIP: 442599AE6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $924766.20    | 0.05%             | 2034-02-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Atlantic City (City of), NJ                                                                                                                           | Atlantic City (City of), NJ, Series 2017 A, Ref. GO Bonds                                                                                              | CUSIP: 048339VH5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $267771.05    | 0.01%             | 2032-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Peoria (City of), AZ Industrial Development Authority (Sierra Winds Life Care Community)                                                              | Peoria (City of), AZ Industrial Development Authority (Sierra Winds Life Care Community), Series 2014, Ref. RB                                         | CUSIP: 71284MBX6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1270000 | PA      | $1145551.94   | 0.06%             | 2024-11-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Las Vegas (City of), NV Special Improvement District No. 815                                                                                          | Las Vegas (City of), NV Special Improvement District No. 815, Series 2020, RB                                                                          | CUSIP: 51778VAL8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    240000 | PA      | $228331.68    | 0.01%             | 2030-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Maricopa (County of), AZ Industrial Development Authority (GreatHearts Arizona)                                                                       | Maricopa (County of), AZ Industrial Development Authority (GreatHearts Arizona), Series 2017 C, RB                                                     | CUSIP: 56681NCL9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    315000 | PA      | $327217.34    | 0.02%             | 2037-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| West Virginia (State of) Economic Development Authority (Entsorga West Virginia LLC)                                                                  | West Virginia (State of) Economic Development Authority (Entsorga West Virginia LLC), Series 2018, RB                                                  | CUSIP: 95648VBD0<br>LEI: 549300WW88TKKF5H1220 | Long             | DBT              | MUN               | US        |    640000 | PA      | $512000.00    | 0.03%             | 2036-02-01      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| New Jersey (State of) Economic Development Authority (Social Bonds)                                                                                   | New Jersey (State of) Economic Development Authority (Social Bonds), Series 2021, RB                                                                   | CUSIP: 64577XCQ7<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $951541.00    | 0.05%             | 2039-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Salt River Project Agricultural Improvement & Power District                                                                                          | Salt River Project Agricultural Improvement & Power District, Series 2016 A, Ref. RB                                                                   | CUSIP: 79574CBZ5<br>LEI: SHB8HO6GKXJ83RX5OV39 | Long             | DBT              | MUN               | US        |   5500000 | PA      | $5916185.00   | 0.31%             | 2034-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Denver (City & County of), CO                                                                                                                         | Denver (City & County of), CO                                                                                                                          | CUSIP: 249182QK5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8750000 | PA      | $9492462.88   | 0.49%             | 2034-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California (State of) School Finance Authority (KIPP LA)                                                                                              | California (State of) School Finance Authority (KIPP LA), Series 2014 A, RB                                                                            | CUSIP: 13059TAP4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    270000 | PA      | $272271.97    | 0.01%             | 2024-07-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Oakland Unified School District (County of Alameda)                                                                                                   | Oakland Unified School District (County of Alameda), Series 2015 A, GO Bonds                                                                           | CUSIP: 672325XN2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1160000 | PA      | $1226031.38   | 0.06%             | 2029-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port of Portland OR Airport Revenue                                                                                                                   | Port of Portland OR Airport Revenue, Series 2022, RB                                                                                                   | CUSIP: 735240Z97<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2785000 | PA      | $2948390.10   | 0.15%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey (State of) Economic Development Authority (American Water Co., Inc.)                                                                       | New Jersey (State of) Economic Development Authority (American Water Co., Inc.), Series 2019, Ref. RB                                                  | CUSIP: 645780FL6<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2202208.75   | 0.11%             | 2039-10-01      | Variable      | 2.20%                 | No            |                  2 | On Loan: No      |
| Kentucky (Commonwealth of) Municipal Power Agency                                                                                                     | Kentucky (Commonwealth of) Municipal Power Agency, Series 2015 A, Ref. RB                                                                              | CUSIP: 491501DX7<br>LEI: 2549001MTI3IE05Z7959 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1059724.50   | 0.05%             | 2026-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tampa (City of), FL                                                                                                                                   | Tampa (City of), FL, Series 2020 A, RB                                                                                                                 | CUSIP: 875146BC5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3795000 | PA      | $1053191.06   | 0.05%             | 2049-09-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Illinois (State of)                                                                                                                                   | Illinois (State of), Series 2020, GO Bonds                                                                                                             | CUSIP: 4521526K2<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3275758.80   | 0.17%             | 2030-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Ashland (City of), KY (King's Daughters Medical Center)                                                                                               | Ashland (City of), KY (King's Daughters Medical Center), Series 2019, Ref. RB                                                                          | CUSIP: 044293BS6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    370000 | PA      | $398242.47    | 0.02%             | 2030-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port Beaumont Navigation District (Jefferson Gulf Coast Energy)                                                                                       | Port Beaumont Navigation District (Jefferson Gulf Coast Energy), Series 2021, RB                                                                       | CUSIP: 73360CAG9<br>LEI: 549300G8PKBXALUKJY33 | Long             | DBT              | MUN               | US        |    575000 | PA      | $489979.87    | 0.03%             | 2028-01-01      | Fixed         | 2.12%                 | No            |                  2 | On Loan: No      |
| San Luis Obispo (County of), CA Financing Authority (Lopez Dam Improvement)                                                                           | San Luis Obispo (County of), CA Financing Authority (Lopez Dam Improvement), Series 2011 A, Ref. RB                                                    | CUSIP: 798693CW5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3195000 | PA      | $3202815.29   | 0.17%             | 2026-08-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| San Francisco (City & County of), CA Airport Commission (San Francisco International Airport)                                                         | San Francisco (City & County of), CA Airport Commission (San Francisco International Airport), Series 2019 A, Ref. RB                                  | CUSIP: 79766DNK1<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1065093.70   | 0.06%             | 2033-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Denver (City & County of), CO                                                                                                                         | Denver (City & County of), CO                                                                                                                          | CUSIP: 249182LB0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1510000 | PA      | $1627482.08   | 0.08%             | 2028-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Orleans (City of), LA                                                                                                                             | New Orleans (City of), LA, Series 2015, RB                                                                                                             | CUSIP: 647753LR1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1278475.08   | 0.07%             | 2034-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port of Portland OR Airport Revenue                                                                                                                   | Port of Portland OR Airport Revenue, Series 2017, RB                                                                                                   | CUSIP: 735240M67<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4138755.20   | 0.21%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Miami-Dade FL Water & Sewer System Revenue                                                                                                  | County of Miami-Dade FL Water & Sewer System Revenue, Series 2017, RB                                                                                  | CUSIP: 59334DKK9<br>LEI: 549300QG0NBD9HULR263 | Long             | DBT              | MUN               | US        |  15000000 | PA      | $15174514.50  | 0.79%             | 2036-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Dallas Area Rapid Transit                                                                                                                             | Dallas Area Rapid Transit, Series 2016, RB                                                                                                             | CUSIP: 235241SQ0<br>LEI: 75YWM81F2R6UQGJIEW47 | Long             | DBT              | MUN               | US        |   5250000 | PA      | $5284656.83   | 0.27%             | 2038-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Port Authority of New York & New Jersey                                                                                                               | Port Authority of New York & New Jersey, Series 2018, RB                                                                                               | CUSIP: 73358WR89<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |   9000000 | PA      | $9585557.10   | 0.50%             | 2028-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois (State of) Finance Authority (University of Illinois Health Services)                                                                        | Illinois (State of) Finance Authority (University of Illinois Health Services), Series 2020, RB                                                        | CUSIP: 452031AH0<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    750000 | PA      | $804663.53    | 0.04%             | 2030-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Jefferson (County of), CO Center Metropolitan District No. 1                                                                                          | Jefferson (County of), CO Center Metropolitan District No. 1, Series 2020 A-2, RB                                                                      | CUSIP: 47248EAA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    575000 | PA      | $480174.57    | 0.02%             | 2040-12-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Raleigh Durham Airport Authority                                                                                                                      | Raleigh Durham Airport Authority, Series 2020, RB                                                                                                      | CUSIP: 751073LZ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1906944.90   | 0.10%             | 2031-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Sparks (City of), NV (Tourism Improvement District No. 1)                                                                                             | Sparks (City of), NV (Tourism Improvement District No. 1), Series 2019 A, Ref. RB                                                                      | CUSIP: 846562AD8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1773888.60   | 0.09%             | 2028-06-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| St. Louis (County of), MO Industrial Development Authority (Friendship Village of Sunset Hills)                                                       | St. Louis (County of), MO Industrial Development Authority (Friendship Village of Sunset Hills), Series 2012, RB                                       | CUSIP: 791524BP5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1490000 | PA      | $1427732.60   | 0.07%             | 2032-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pima (County of), AZ Industrial Development Authority (Grande Innovations Academy)                                                                    | Pima (County of), AZ Industrial Development Authority (Grande Innovations Academy), Series 2018, RB                                                    | CUSIP: 72177PBY5<br>LEI: 549300QDTQ25545R4K19 | Long             | DBT              | MUN               | US        |   2245000 | PA      | $2166222.28   | 0.11%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ashland (City of), KY (King's Daughters Medical Center)                                                                                               | Ashland (City of), KY (King's Daughters Medical Center), Series 2019, Ref. RB                                                                          | CUSIP: 044293BT4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    460000 | PA      | $486362.60    | 0.03%             | 2031-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago (City of), IL                                                                                                                                 | Chicago (City of), IL, Series 2003 B, Ref. GO Bonds                                                                                                    | CUSIP: 167486UY3<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |   1795000 | PA      | $1810494.08   | 0.09%             | 2024-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Charlotte (City of), NC (Charlotte Douglas International Airport)                                                                                     | Charlotte (City of), NC (Charlotte Douglas International Airport), Series 2017 A, RB                                                                   | CUSIP: 161036MD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $804799.28    | 0.04%             | 2034-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Virginia (State of) Small Business Financing Authority (95 Express Lanes LLC)                                                                         | Virginia (State of) Small Business Financing Authority (95 Express Lanes LLC), Series 2022, Ref. RB                                                    | CUSIP: 928104PE2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4201129.20   | 0.22%             | 2034-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| St. Louis Municipal Finance Corp.                                                                                                                     | St. Louis Municipal Finance Corp., Series 2015, Ref. RB                                                                                                | CUSIP: 79165TQW4<br>LEI: 549300CR13DAYKUKQN03 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1033551.60   | 0.05%             | 2030-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Philadelphia (City of), PA Authority for Industrial Development (La Salle University)                                                                 | Philadelphia (City of), PA Authority for Industrial Development (La Salle University), Series 2017, Ref. RB                                            | CUSIP: 71781XDU4<br>LEI: 549300DIY68KQZEW7M79 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $891724.90    | 0.05%             | 2036-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey (State of) Transportation Trust Fund Authority                                                                                             | New Jersey (State of) Transportation Trust Fund Authority, Series 2018 A, Ref. RN                                                                      | CUSIP: 6461363N9<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2105960.00   | 0.11%             | 2030-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey (State of) Transportation Trust Fund Authority                                                                                             | New Jersey (State of) Transportation Trust Fund Authority, Series 2013 AA, RB                                                                          | CUSIP: 646136Q79<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |    710000 | PA      | $716996.84    | 0.04%             | 2030-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Children's Trust Fund                                                                                                                                 | Children's Trust Fund, Series 2002, RB                                                                                                                 | CUSIP: 16876QBF5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    850000 | PA      | $847877.55    | 0.04%             | 2039-05-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Miami-Dade (County of), FL Expressway Authority                                                                                                       | Miami-Dade (County of), FL Expressway Authority, Series 2016 A, Ref. RB                                                                                | CUSIP: 593338AS5<br>LEI: 549300NSQPQSO55VM780 | Long             | DBT              | MUN               | US        |   1625000 | PA      | $1710719.73   | 0.09%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hope Cultural Education Facilities Finance Corp. (Tarleton State University)                                                                      | New Hope Cultural Education Facilities Finance Corp. (Tarleton State University), Series 2014 A, RB                                                    | CUSIP: 64542RBH3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    620000 | PA      | $638072.38    | 0.03%             | 2029-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kentucky (Commonwealth of) Municipal Power Agency (Prairie State)                                                                                     | Kentucky (Commonwealth of) Municipal Power Agency (Prairie State), Series 2019 A, Ref. RB                                                              | CUSIP: 491501EZ1<br>LEI: 2549001MTI3IE05Z7959 | Long             | DBT              | MUN               | US        |   1600000 | PA      | $1734711.68   | 0.09%             | 2032-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port Authority of New York & New Jersey                                                                                                               | Port Authority of New York & New Jersey, Series 2020, RB                                                                                               | CUSIP: 73358W5G5<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |   4525000 | PA      | $4896941.43   | 0.25%             | 2031-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Hamilton (County of), OH (UC Health)                                                                                                                  | Hamilton (County of), OH (UC Health), Series 2020, RB                                                                                                  | CUSIP: 407272X65<br>LEI: 549300TO1E3N4E4YIO28 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2101632.60   | 0.11%             | 2037-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Comanche (County of), OK Hospital Authority                                                                                                           | Comanche (County of), OK Hospital Authority, Series 2015, Ref. RB                                                                                      | CUSIP: 199875HG3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2815000 | PA      | $2842492.13   | 0.15%             | 2023-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| St. Louis Park (City of), MN (Place Via Sol Project)                                                                                                  | St. Louis Park (City of), MN (Place Via Sol Project), Series 2018, RB                                                                                  | CUSIP: 85233GAA2<br>LEI: 549300F6X6Q4H3ALF786 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1125000.00   | 0.06%             | 2053-07-01      | Variable      | 6.00%                 | Yes           |                  2 | On Loan: No      |
| Puerto Rico (Commonwealth of)                                                                                                                         | Puerto Rico (Commonwealth of), Series 2021 A1, GO Bonds                                                                                                | CUSIP: 74514L3G0<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |   1442503 | PA      | $1477458.17   | 0.08%             | 2027-07-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Inglewood Unified School District                                                                                                                     | Inglewood Unified School District, Series 2019 C, GO Bonds                                                                                             | CUSIP: 457110MC5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $980773.10    | 0.05%             | 2039-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Philadelphia (City of), PA Authority for Industrial Development (Kipp Philadelphia Charter School)                                                    | Philadelphia (City of), PA Authority for Industrial Development (Kipp Philadelphia Charter School), Series 2016 A, RB                                  | CUSIP: 71781XAW3<br>LEI: 549300DIY68KQZEW7M79 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1443387.75   | 0.07%             | 2036-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico (Commonwealth of)                                                                                                                         | Puerto Rico (Commonwealth of), Series 2021 A1, GO Bonds                                                                                                | CUSIP: 74514L3F2<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |   6455688 | PA      | $6548883.60   | 0.34%             | 2025-07-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Lancaster (County of), PA Hospital Authority (Masonic Villages)                                                                                       | Lancaster (County of), PA Hospital Authority (Masonic Villages), Series 2015, Ref. RB                                                                  | CUSIP: 514045F24<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1537941.15   | 0.08%             | 2029-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey (State of) Transportation Trust Fund Authority                                                                                             | New Jersey (State of) Transportation Trust Fund Authority, Series 2013 AA, RB                                                                          | CUSIP: 646136S93<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2018688.60   | 0.10%             | 2033-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New Jersey (State of) Economic Development Authority (Continental Airlines, Inc.)                                                                     | New Jersey (State of) Economic Development Authority (Continental Airlines, Inc.), Series 2012, RB                                                     | CUSIP: 64578CBT7<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |  13725000 | PA      | $13728321.45  | 0.71%             | 2027-09-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| New Hope Cultural Education Facilities Finance Corp. (Carillon Lifecare Community)                                                                    | New Hope Cultural Education Facilities Finance Corp. (Carillon Lifecare Community), Series 2016, Ref. RB                                               | CUSIP: 64542UBB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2750000 | PA      | $2270668.95   | 0.12%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Columbus (County of), NC Industrial Facilities & Pollution Control Financing Authority (International Paper Co.)                                      | Columbus (County of), NC Industrial Facilities & Pollution Control Financing Authority (International Paper Co.), Series 2019, Ref. RB                 | CUSIP: 199040AF3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1442655.30   | 0.07%             | 2033-11-01      | Variable      | 2.00%                 | No            |                  2 | On Loan: No      |
| Navajo (Nation of)                                                                                                                                    | Navajo (Nation of), Series 2015 A, Ref. RB                                                                                                             | CUSIP: 639185AQ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    725000 | PA      | $758364.14    | 0.04%             | 2030-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Franklin (County of), PA Industrial Development Authority (Menno-Haven, Inc.)                                                                         | Franklin (County of), PA Industrial Development Authority (Menno-Haven, Inc.), Series 2018, Ref. RB                                                    | CUSIP: 353273BT1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1005000 | PA      | $920830.95    | 0.05%             | 2031-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey (State of) Economic Development Authority                                                                                                  | New Jersey (State of) Economic Development Authority, Series 2017 A, Ref. RB                                                                           | CUSIP: 64578JBE5<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   5035000 | PA      | $5364788.98   | 0.28%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Georgia (State of) Municipal Electric Authority (Project One)                                                                                         | Georgia (State of) Municipal Electric Authority (Project One), Series 2015 A, Ref. RB                                                                  | CUSIP: 626207K52<br>LEI: JA0WNILDDF2KUPS83B16 | Long             | DBT              | MUN               | US        |    875000 | PA      | $903773.85    | 0.05%             | 2032-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin (State of) Public Finance Authority (Roseman University of Health Sciences)                                                                 | Wisconsin (State of) Public Finance Authority (Roseman University of Health Sciences), Series 2015, Ref. RB                                            | CUSIP: 74442PAS4<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    645000 | PA      | $647068.00    | 0.03%             | 2025-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kentucky (Commonwealth of) Economic Development Finance Authority (Catholic Health Initiatives)                                                       | Kentucky (Commonwealth of) Economic Development Finance Authority (Catholic Health Initiatives), Series 2011 B, RB                                     | CUSIP: 49126PEF3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1430000 | PA      | $1432895.32   | 0.07%             | 2046-02-01      | Floating      | 3.30%                 | No            |                  2 | On Loan: No      |
| New York (State of) Thruway Authority                                                                                                                 | New York (State of) Thruway Authority, Series 2019 B, RB                                                                                               | CUSIP: 650010BZ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1490000 | PA      | $1485966.12   | 0.08%             | 2037-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Missouri (State of) Joint Municipal Electric Utility Commission (Prairie State)                                                                       | Missouri (State of) Joint Municipal Electric Utility Commission (Prairie State), Series 2015 A, Ref. RB                                                | CUSIP: 606092HZ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    640000 | PA      | $666953.92    | 0.03%             | 2027-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kentucky (Commonwealth of) Municipal Power Agency                                                                                                     | Kentucky (Commonwealth of) Municipal Power Agency, Series 2015 A, Ref. RB                                                                              | CUSIP: 491501DZ2<br>LEI: 2549001MTI3IE05Z7959 | Long             | DBT              | MUN               | US        |   1260000 | PA      | $1330797.01   | 0.07%             | 2028-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maryland Economic Development Corp.                                                                                                                   | Maryland Economic Development Corp., Series 2020, RB                                                                                                   | CUSIP: 57422FAD8<br>LEI: 549300JJ16DDBSZWSN94 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $893445.50    | 0.05%             | 2030-09-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Dallas (County of), TX Flood Control District No. 1                                                                                                   | Dallas (County of), TX Flood Control District No. 1, Series 2015, Ref. GO Bonds                                                                        | CUSIP: 234662DU5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $999870.90    | 0.05%             | 2028-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hope Cultural Education Facilities Corp. (Presbyterian Village North)                                                                             | New Hope Cultural Education Facilities Corp. (Presbyterian Village North), Series 2018, Ref. RB                                                        | CUSIP: 64542UEN0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2210000 | PA      | $2065462.02   | 0.11%             | 2030-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington (State of) Housing Finance Commission (Heron's Key Senior Living)                                                                          | Washington (State of) Housing Finance Commission (Heron's Key Senior Living), Series 2015 A, RB                                                        | CUSIP: 939783SD9<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |    335000 | PA      | $348849.67    | 0.02%             | 2025-07-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Connecticut (State of) Health & Educational Facilities Authority                                                                                      | Connecticut (State of) Health & Educational Facilities Authority, Series 2020 G-1, Ref. RB                                                             | CUSIP: 20775DEE8<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |    540000 | PA      | $544877.87    | 0.03%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire (State of) Business Finance Authority (Covanta)                                                                                         | New Hampshire (State of) Business Finance Authority (Covanta), Series 2020 A, Ref. RB                                                                  | CUSIP: 63607YAH3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    370000 | PA      | $294941.10    | 0.02%             | 2043-07-01      | Variable      | 3.62%                 | No            |                  2 | On Loan: No      |
| Houston (City of), TX (United Airlines, Inc.)                                                                                                         | Houston (City of), TX (United Airlines, Inc.), Series 2021, RB                                                                                         | CUSIP: 442349GA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $3361712.80   | 0.17%             | 2041-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Oakland Unified School District (County of Alameda)                                                                                                   | Oakland Unified School District (County of Alameda), Series 2015 A, GO Bonds                                                                           | CUSIP: 672325XM4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1057302.70   | 0.05%             | 2028-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania (Commonwealth of) Economic Development Financing Authority (PA Bridges Finco L.P.)                                                       | Pennsylvania (Commonwealth of) Economic Development Financing Authority (PA Bridges Finco L.P.), Series 2015, RB                                       | CUSIP: 70869PJU2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5965000 | PA      | $6141124.38   | 0.32%             | 2027-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois (State of) Finance Authority (Rogers Park Montessori School)                                                                                 | Illinois (State of) Finance Authority (Rogers Park Montessori School), Series 2014, Ref. RB                                                            | CUSIP: 452029AB7<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    190000 | PA      | $190324.25    | 0.01%             | 2024-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arlington Higher Education Finance Corp. (UME Preparatory Academy)                                                                                    | Arlington Higher Education Finance Corp. (UME Preparatory Academy), Series 2017 A, RB                                                                  | CUSIP: 041806PS3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    115000 | PA      | $108533.53    | 0.01%             | 2038-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                                                                                              | Massachusetts Development Finance Agency, Series 2021, RB                                                                                              | CUSIP: 57584YQ36<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   2050000 | PA      | $1784800.11   | 0.09%             | 2041-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Franklin (County of), PA Industrial Development Authority (Menno-Haven, Inc.)                                                                         | Franklin (County of), PA Industrial Development Authority (Menno-Haven, Inc.), Series 2018, Ref. RB                                                    | CUSIP: 353273BV6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $674025.00    | 0.03%             | 2033-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago (City of), IL                                                                                                                                 | Chicago (City of), IL, Series 2008 C, Ref. RB                                                                                                          | CUSIP: 167727WP7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1530740.85   | 0.08%             | 2030-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Markham (City of), IL (Library Purposes)                                                                                                              | Markham (City of), IL (Library Purposes), Series 2005 B, GO Bonds                                                                                      | CUSIP: 570612CP4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10016.71     | 0.00%             | 2023-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New Jersey (State of) Transportation Trust Fund Authority                                                                                             | New Jersey (State of) Transportation Trust Fund Authority, Series 2019, Ref. RB                                                                        | CUSIP: 6461366A4<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2598042.25   | 0.13%             | 2024-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Alabaster (City of), AL Board of Education                                                                                                            | Alabaster (City of), AL Board of Education, Series 2014 A, GO Wts.                                                                                     | CUSIP: 010663AB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1550441.85   | 0.08%             | 2025-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Virginia (State of) Small Business Financing Authority (I-495 Hot Lanes)                                                                              | Virginia (State of) Small Business Financing Authority (I-495 Hot Lanes), Series 2022, Ref. RB                                                         | CUSIP: 928104QG6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2395000 | PA      | $2503111.50   | 0.13%             | 2042-06-30      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority (Green Bonds)                                                                                                   | Metropolitan Transportation Authority (Green Bonds), Series 2017 C-2, Ref. RB                                                                          | CUSIP: 59261APG6<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $760792.90    | 0.04%             | 2029-11-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Illinois (State of)                                                                                                                                   | Illinois (State of), Series 2018 A, Ref. GO Bonds                                                                                                      | CUSIP: 4521522L4<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   8375000 | PA      | $8797141.04   | 0.46%             | 2028-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois (State of) Finance Authority (University of Illinois Health Services)                                                                        | Illinois (State of) Finance Authority (University of Illinois Health Services), Series 2020, RB                                                        | CUSIP: 452031AL1<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    750000 | PA      | $786929.63    | 0.04%             | 2033-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arizona (State of) Health Facilities Authority (Scottsdale Lincoln Hospital)                                                                          | Arizona (State of) Health Facilities Authority (Scottsdale Lincoln Hospital), Series 2014, Ref. RB                                                     | CUSIP: 040507PN9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3400000 | PA      | $3480068.30   | 0.18%             | 2032-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago O'Hare International Airport                                                                                                                  | Chicago O'Hare International Airport, Series 2020, RB                                                                                                  | CUSIP: 167593P71<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2250000 | PA      | $2234932.20   | 0.12%             | 2037-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Seattle (Port of), WA                                                                                                                                 | Seattle (Port of), WA, Series 2016 B, Ref. RB                                                                                                          | CUSIP: 735389XG8<br>LEI: 549300T9UCDUJ3GZL429 | Long             | DBT              | MUN               | US        |   3730000 | PA      | $3920629.48   | 0.20%             | 2028-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago (City of), IL Board of Education                                                                                                              | Chicago (City of), IL Board of Education, Series 2018 A, Ref. GO Bonds                                                                                 | CUSIP: 167505UF1<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1047347.00   | 0.05%             | 2030-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kalispel Tribe of Indians                                                                                                                             | Kalispel Tribe of Indians, Series 2018 A, RB                                                                                                           | CUSIP: 48340PAR3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     70000 | PA      | $73427.27     | 0.00%             | 2032-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago (City of), IL (O'Hare International Airport)                                                                                                  | Chicago (City of), IL (O'Hare International Airport), Series 2015 A, Ref. RB                                                                           | CUSIP: 167593QK1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6000000 | PA      | $6138989.40   | 0.32%             | 2029-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico (Commonwealth of)                                                                                                                         | Puerto Rico (Commonwealth of), Series 2021 A1, GO Bonds                                                                                                | CUSIP: 74514L3M7<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |   1008343 | PA      | $842745.95    | 0.04%             | 2037-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Lake (County of), FL (Lakeside at Waterman Village)                                                                                                   | Lake (County of), FL (Lakeside at Waterman Village), Series 2020 B-1, Ref. RB                                                                          | CUSIP: 50826FAE3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2240000 | PA      | $2124303.78   | 0.11%             | 2027-08-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Birmingham (City of) & Jefferson (County of), AL Civic Center Authority                                                                               | Birmingham (City of) & Jefferson (County of), AL Civic Center Authority, Series 2018 B, RB                                                             | CUSIP: 091156NC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2345000 | PA      | $2484429.95   | 0.13%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas (State of) Transportation Commission                                                                                                            | Texas (State of) Transportation Commission, Series 2019, RB                                                                                            | CUSIP: 88283NAE2<br>LEI: 5493006JSGNPGVJS7691 | Long             | DBT              | MUN               | US        |   2050000 | PA      | $1081674.51   | 0.06%             | 2035-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| San Diego (County of), CA Regional Airport Authority                                                                                                  | San Diego (County of), CA Regional Airport Authority, Series 2013 B, RB                                                                                | CUSIP: 79739GEF9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $253454.18    | 0.01%             | 2023-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp.                                                                                                                 | Puerto Rico Sales Tax Financing Corp., Series 2018 A-1, RB                                                                                             | CUSIP: 74529JQG3<br>LEI: 549300EIUFISISP8X671 | Long             | DBT              | MUN               | US        |  15000000 | PA      | $3780376.50   | 0.20%             | 2046-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Chicago (City of), IL Board of Education                                                                                                              | Chicago (City of), IL Board of Education, Series 2021 A, GO Bonds                                                                                      | CUSIP: 167505XL5<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |     20000 | PA      | $19810.89     | 0.00%             | 2035-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wichita (City of), KS (Presbyterian Manors, Inc.)                                                                                                     | Wichita (City of), KS (Presbyterian Manors, Inc.), Series 2019, Ref. RB                                                                                | CUSIP: 967249QR7<br>LEI: 549300Y20JVN3VP2V718 | Long             | DBT              | MUN               | US        |   1280000 | PA      | $1243562.75   | 0.06%             | 2029-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Mission Economic Development Corp. (Natgasoline)                                                                                                      | Mission Economic Development Corp. (Natgasoline), Series 2018, Ref. RB                                                                                 | CUSIP: 605156AC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4846318.00   | 0.25%             | 2031-10-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Grand Parkway Transportation Corp. (TELA Supported)                                                                                                   | Grand Parkway Transportation Corp. (TELA Supported), Series 2018 A, RB                                                                                 | CUSIP: 38611TBP1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2140589.20   | 0.11%             | 2038-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| West Virginia (State of) Economic Development Authority (Entsorga West Virginia LLC)                                                                  | West Virginia (State of) Economic Development Authority (Entsorga West Virginia LLC), Series 2016, RB                                                  | CUSIP: 95648VAX7<br>LEI: 549300WW88TKKF5H1220 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1400000.00   | 0.07%             | 2026-02-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Riverside (City of), CA (Riverwalk Assessment District)                                                                                               | Riverside (City of), CA (Riverwalk Assessment District), Series 2011, Ref. RB                                                                          | CUSIP: 769003MN1<br>LEI: 549300FG48YQF1N4C302 | Long             | DBT              | MUN               | US        |    400000 | PA      | $401934.96    | 0.02%             | 2026-09-02      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Puerto Rico (Commonwealth of)                                                                                                                         | Puerto Rico (Commonwealth of), Series 2021 A1, GO Bonds                                                                                                | CUSIP: 74514L3N5<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |   1370960 | PA      | $1101877.29   | 0.06%             | 2041-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Yamhill (County of), OR Hospital Authority (Friendsview)                                                                                              | Yamhill (County of), OR Hospital Authority (Friendsview), Series 2021 B-2, RB                                                                          | CUSIP: 98464UBA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $445533.00    | 0.02%             | 2027-11-15      | Fixed         | 2.12%                 | No            |                  2 | On Loan: No      |
| Military Installation Development Authority                                                                                                           | Military Installation Development Authority, Series 2021 A-2, RB                                                                                       | CUSIP: 599772AD2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5250000 | PA      | $4424553.53   | 0.23%             | 2036-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Texas (State of) Transportation Commission                                                                                                            | Texas (State of) Transportation Commission, Series 2019, RB                                                                                            | CUSIP: 88283NAD4<br>LEI: 5493006JSGNPGVJS7691 | Long             | DBT              | MUN               | US        |   1400000 | PA      | $786266.74    | 0.04%             | 2034-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Scranton School District                                                                                                                              | Scranton School District, Series 2017 E, Ref. GO Bonds                                                                                                 | CUSIP: 810827XE0<br>LEI: 549300SDNGI3OKNOUW62 | Long             | DBT              | MUN               | US        |    110000 | PA      | $119580.75    | 0.01%             | 2032-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Orlando (City of), FL Community Redevelopment Agency (Conroy Road District)                                                                           | Orlando (City of), FL Community Redevelopment Agency (Conroy Road District), Series 2012, Ref. RB                                                      | CUSIP: 686430FZ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $504950.35    | 0.03%             | 2023-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| St. John the Baptist (Parish of), LA (Marathon Oil Corp.)                                                                                             | St. John the Baptist (Parish of), LA (Marathon Oil Corp.), Series 2017, Ref. RB                                                                        | CUSIP: 79020FAZ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1935364.60   | 0.10%             | 2037-06-01      | Variable      | 2.12%                 | No            |                  2 | On Loan: No      |
| Sales Tax Securitization Corp.                                                                                                                        | Sales Tax Securitization Corp., Series 2017 A, Ref. RB                                                                                                 | CUSIP: 79467BAK1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1069744.00   | 0.06%             | 2029-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Hamilton (County of), OH (Life Enriching Communities)                                                                                                 | Hamilton (County of), OH (Life Enriching Communities), Series 2012, RB                                                                                 | CUSIP: 40727RBC1<br>LEI: 549300TO1E3N4E4YIO28 | Long             | DBT              | MUN               | US        |    750000 | PA      | $738154.95    | 0.04%             | 2032-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Halifax Hospital Medical Center                                                                                                                       | Halifax Hospital Medical Center, Series 2015, Ref. RB                                                                                                  | CUSIP: 405815HX2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    325000 | PA      | $343330.10    | 0.02%             | 2035-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Atlantic Beach (City of), FL (Fleet Landing)                                                                                                          | Atlantic Beach (City of), FL (Fleet Landing), Series 2013 A, Ref. RB                                                                                   | CUSIP: 048251AW2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    565000 | PA      | $570587.96    | 0.03%             | 2023-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Philadelphia (City of), PA Authority for Industrial Development (University Square Apartments)                                                        | Philadelphia (City of), PA Authority for Industrial Development (University Square Apartments), Series 2017, RB                                        | CUSIP: 717908AG2<br>LEI: 549300DIY68KQZEW7M79 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1782341.40   | 0.09%             | 2047-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Clark (County of), NV (Special Improvement District No. 159)                                                                                          | Clark (County of), NV (Special Improvement District No. 159), Series 2015, RB                                                                          | CUSIP: 181003MT8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1190000 | PA      | $1202790.60   | 0.06%             | 2029-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas Inc.                                                                                                                          | Main Street Natural Gas Inc., Series 2022, RB                                                                                                          | CUSIP: 56035DEE8<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5160663.50   | 0.27%             | 2052-12-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Municipal Gas Acquisition & Supply Corp. III                                                                                                    | Texas Municipal Gas Acquisition & Supply Corp. III, Series 2021, Ref. RB                                                                               | CUSIP: 88256HBH0<br>LEI: 0UDITKOYW0YKG3BBP242 | Long             | DBT              | MUN               | US        |   3250000 | PA      | $3404713.00   | 0.18%             | 2032-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago (City of), IL (O'Hare International Airport)                                                                                                  | Chicago (City of), IL (O'Hare International Airport), Series 2015 B, Ref. RB                                                                           | CUSIP: 167593RH7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3107466.00   | 0.16%             | 2031-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Philadelphia (City of), PA                                                                                                                            | Philadelphia (City of), PA, Series 2019 B, GO Bonds                                                                                                    | CUSIP: 717813XH7<br>LEI: 549300IVFOPB4AG7UL47 | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1295996.88   | 0.07%             | 2033-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Orleans (City of), LA                                                                                                                             | New Orleans (City of), LA, Series 2014, Ref. RB                                                                                                        | CUSIP: 647753KP6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1300618.75   | 0.07%             | 2026-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wilkes-Barre Area School District                                                                                                                     | Wilkes-Barre Area School District, Series 2016 B, GO Bonds                                                                                             | CUSIP: 968261MN4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $542054.30    | 0.03%             | 2028-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California (State of) School Finance Authority (Alliance for College-Ready Public Schools)                                                            | California (State of) School Finance Authority (Alliance for College-Ready Public Schools), Series 2013 A, RB                                          | CUSIP: 13059TAE9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    230000 | PA      | $232401.45    | 0.01%             | 2023-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Railsplitter Tobacco Settlement Authority                                                                                                             | Railsplitter Tobacco Settlement Authority, Series 2017, RB                                                                                             | CUSIP: 75076PBA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2124338.60   | 0.11%             | 2028-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Baltimore (City of), MD (Water)                                                                                                                       | Baltimore (City of), MD (Water), Series 2017 A, RB                                                                                                     | CUSIP: 05922KYP8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2673199.50   | 0.14%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Grand Parkway Transportation Corp.                                                                                                                    | Grand Parkway Transportation Corp., Series 2020, Ref. RB                                                                                               | CUSIP: 38611TBY2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2250000 | PA      | $2253460.28   | 0.12%             | 2038-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Dickinson Independent School District                                                                                                                 | Dickinson Independent School District, Series 2000, Ref. GO Bonds                                                                                      | CUSIP: 253363LB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1765000 | PA      | $1923870.30   | 0.10%             | 2028-02-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Muskingum (County of), OH (Genesis Healthcare System)                                                                                                 | Muskingum (County of), OH (Genesis Healthcare System), Series 2013, RB                                                                                 | CUSIP: 628077CJ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1240000 | PA      | $1240295.99   | 0.06%             | 2033-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois (State of) Sports Facilities Authority (The)                                                                                                 | Illinois (State of) Sports Facilities Authority (The), Series 2019, Ref. RB                                                                            | CUSIP: 452143FS4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1265799.12   | 0.07%             | 2030-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Oroville (City of), CA (Oroville Hospital)                                                                                                            | Oroville (City of), CA (Oroville Hospital), Series 2019, RB                                                                                            | CUSIP: 687241AJ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2060438.40   | 0.11%             | 2034-04-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Indiana (State of) Finance Authority (KIPP Indianapolis, Inc.)                                                                                        | Indiana (State of) Finance Authority (KIPP Indianapolis, Inc.), Series 2020 A, RB                                                                      | CUSIP: 45506EAA1<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |    215000 | PA      | $202602.52    | 0.01%             | 2030-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Miami (City of) & Dade (County of), FL School Board                                                                                                   | Miami (City of) & Dade (County of), FL School Board, Series 2015 A, Ref. COP                                                                           | CUSIP: 59333MQ40<br>LEI: 549300J3U4QVT6U3O129 | Long             | DBT              | MUN               | US        |   1900000 | PA      | $1967198.63   | 0.10%             | 2032-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Adelanto (City of), CA Public Utility Authority                                                                                                       | Adelanto (City of), CA Public Utility Authority, Series 2017 A, Ref. RB                                                                                | CUSIP: 006797BV5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    310000 | PA      | $338600.07    | 0.02%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lower Alabama Gas District (The)                                                                                                                      | Lower Alabama Gas District (The), Series 2016 A, RB                                                                                                    | CUSIP: 547804AF1<br>LEI: 549300YTI1NTDG2OVU42 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5250490.50   | 0.27%             | 2034-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Iowa (State of) Finance Authority (Lifespace Communities, Inc.)                                                                                       | Iowa (State of) Finance Authority (Lifespace Communities, Inc.), Series 2021 A, Ref. RB                                                                | CUSIP: 46247SBM5<br>LEI: 549300NQVL49BTHOW391 | Long             | DBT              | MUN               | US        |   3500000 | PA      | $2493589.70   | 0.13%             | 2046-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| South Carolina (State of) Jobs-Economic Development Authority (Lutheran Homes)                                                                        | South Carolina (State of) Jobs-Economic Development Authority (Lutheran Homes), Series 2013, RB                                                        | CUSIP: 837033KK4<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1208537.50   | 0.06%             | 2028-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Counties Tobacco Trust VI                                                                                                                    | New York Counties Tobacco Trust VI, Series 2016 B, Ref. RB                                                                                             | CUSIP: 64945JAV4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    465000 | PA      | $477522.82    | 0.02%             | 2031-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois (State of)                                                                                                                                   | Illinois (State of), Series 2020, GO Bonds                                                                                                             | CUSIP: 4521526G1<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1027786.10   | 0.05%             | 2024-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Riverside (County of), CA Community Facilities District No. 04-2                                                                                      | Riverside (County of), CA Community Facilities District No. 04-2, Series 2012, Ref. RB                                                                 | CUSIP: 76911FRT3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $501915.85    | 0.03%             | 2028-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fairfax (County of), VA Economic Development Authority (Vinson Hall LLC)                                                                              | Fairfax (County of), VA Economic Development Authority (Vinson Hall LLC), Series 2013 A, RB                                                            | CUSIP: 30383DAE5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    180000 | PA      | $180000.00    | 0.01%             | 2022-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania (Commonwealth of) Economic Development Financing Authority (UPMC)                                                                        | Pennsylvania (Commonwealth of) Economic Development Financing Authority (UPMC), Series 2021 A, Ref. RB                                                 | CUSIP: 70870JDE5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1325000 | PA      | $1272607.38   | 0.07%             | 2039-10-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority (Southminster)                                                                                                               | Public Finance Authority (Southminster), Series 2018, RB                                                                                               | CUSIP: 74444VAF7<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    500000 | PA      | $433991.70    | 0.02%             | 2043-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Territory of Guam                                                                                                                                     | Territory of Guam, Series 2021, RB                                                                                                                     | CUSIP: 40065KAV5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4010660.80   | 0.21%             | 2040-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Washington Airports Authority Aviation Revenue                                                                                           | Metropolitan Washington Airports Authority Aviation Revenue, Series 2019, RB                                                                           | CUSIP: 592647GC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5408200.00   | 0.28%             | 2031-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey (State of) Educational Facilities Authority (Rider University)                                                                             | New Jersey (State of) Educational Facilities Authority (Rider University), Series 2017 F, RB                                                           | CUSIP: 646066Z37<br>LEI: 549300UTOO4X537XXG70 | Long             | DBT              | MUN               | US        |    415000 | PA      | $401733.78    | 0.02%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois (State of)                                                                                                                                   | Illinois (State of), Series 2020 B, GO Bonds                                                                                                           | CUSIP: 4521526Z9<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2826863.70   | 0.15%             | 2035-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| St. Tammany (Parish of), LA Public Trust Financing Authority (Christwood)                                                                             | St. Tammany (Parish of), LA Public Trust Financing Authority (Christwood), Series 2015, Ref. RB                                                        | CUSIP: 793499BC7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1251569.63   | 0.06%             | 2029-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Wisconsin (State of) Public Finance Authority (Bancroft Neurohealth)                                                                                  | Wisconsin (State of) Public Finance Authority (Bancroft Neurohealth), Series 2016 A, RB                                                                | CUSIP: 74442PCM5<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $995139.90    | 0.05%             | 2025-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Yamhill (County of), OR Hospital Authority (Friendsview)                                                                                              | Yamhill (County of), OR Hospital Authority (Friendsview), Series 2021 B-1, RB                                                                          | CUSIP: 98464UAZ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1769962.20   | 0.09%             | 2028-11-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Derby (City of), KS (Derby Star Bond)                                                                                                                 | Derby (City of), KS (Derby Star Bond), Series 2020, RB                                                                                                 | CUSIP: 24978TAD6<br>LEI: 549300CONBN0WRKRFQ93 | Long             | DBT              | MUN               | US        |   1175000 | PA      | $1164796.54   | 0.06%             | 2037-03-01      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| New Hope Cultural Education Facilities Finance Corp. (MRC Senior Living-The Langford)                                                                 | New Hope Cultural Education Facilities Finance Corp. (MRC Senior Living-The Langford), Series 2016 A, RB                                               | CUSIP: 64542UCX0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    320000 | PA      | $309420.86    | 0.02%             | 2026-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Atlanta Rapid Transit Authority                                                                                                          | Metropolitan Atlanta Rapid Transit Authority, Series 2016 B, Ref. RB                                                                                   | CUSIP: 591745Y32<br>LEI: 5493006NVWO3NVLK0F49 | Long             | DBT              | MUN               | US        |   7150000 | PA      | $7677513.42   | 0.40%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Carolina (State of) Medical Care Commission (Pennybyrn at Maryfield)                                                                            | North Carolina (State of) Medical Care Commission (Pennybyrn at Maryfield), Series 2020, RB                                                            | CUSIP: 65820YRU2<br>LEI: 549300FH6KOXGCHQYG81 | Long             | DBT              | MUN               | US        |    740000 | PA      | $715758.86    | 0.04%             | 2024-10-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Denver (City & County of), CO                                                                                                                         | Denver (City & County of), CO, Series 2018 A-2, RB                                                                                                     | CUSIP: 24917DBN2<br>LEI: MMTY7HA2MSCBUO4F7J71 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $714422.30    | 0.04%             | 2031-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Clifton Higher Education Finance Corp. (Idea Public Schools)                                                                                          | Clifton Higher Education Finance Corp. (Idea Public Schools), Series 2013, RB                                                                          | CUSIP: 187145BZ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1273583.38   | 0.07%             | 2033-08-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| New Hope Cultural Education Facilities Corp. (Wesleyan Homes, Inc.)                                                                                   | New Hope Cultural Education Facilities Corp. (Wesleyan Homes, Inc.), Series 2014, RB                                                                   | CUSIP: 64542UAQ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1444781.70   | 0.07%             | 2029-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| California (State of) Public Finance Authority (Henry Mayo Newhall Hospital)                                                                          | California (State of) Public Finance Authority (Henry Mayo Newhall Hospital), Series 2017, Ref. RB                                                     | CUSIP: 13057EAR5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1034893.30   | 0.05%             | 2033-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Carolina (State of) Municipal Power Agency No. 1 (Catawba)                                                                                      | North Carolina (State of) Municipal Power Agency No. 1 (Catawba), Series 2015 A, Ref. RB                                                               | CUSIP: 658203X33<br>LEI: 549300N3Q65G1ODRFX75 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5303660.00   | 0.28%             | 2028-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lee (County of), AL Public Building Authority (DHR Building)                                                                                          | Lee (County of), AL Public Building Authority (DHR Building), Series 2006, Revenue Wts.                                                                | CUSIP: 52343PAT8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10013.83     | 0.00%             | 2025-09-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Chicago (City of), IL (O'Hare International Airport)                                                                                                  | Chicago (City of), IL (O'Hare International Airport), Series 2017 D, RB                                                                                | CUSIP: 167593E73<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1042816.50   | 0.05%             | 2031-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts (State of) Development Finance Agency                                                                                                   | Massachusetts (State of) Development Finance Agency, Series 2021 G, Ref. RB                                                                            | CUSIP: 57584YG94<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $889454.60    | 0.05%             | 2046-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New Jersey (State of) Transportation Trust Fund Authority                                                                                             | New Jersey (State of) Transportation Trust Fund Authority, Series 2021 A, Ref. RB                                                                      | CUSIP: 6461367Z8<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |  10245000 | PA      | $10141608.48  | 0.53%             | 2035-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New Jersey (State of) Educational Facilities Authority (Rider University)                                                                             | New Jersey (State of) Educational Facilities Authority (Rider University), Series 2017 F, RB                                                           | CUSIP: 646066Z52<br>LEI: 549300UTOO4X537XXG70 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $951494.00    | 0.05%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Francisco (City & County of), CA Successor Agency to the Redev Agency Community Facilities District No. 6 (Mission Bay South Public Improvements) | San Francisco (City & County of), CA Successor Agency to the Redev Agency Community Facilities District No. 6 (Mission Bay South Public Improvements), | CUSIP: 79772AAQ0<br>LEI: 5493001TPOZL3UK8DX25 | Long             | DBT              | MUN               | US        |    750000 | PA      | $750964.65    | 0.04%             | 2027-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Houston (City of), TX (United Airlines, Inc.)                                                                                                         | Houston (City of), TX (United Airlines, Inc.), Series 2020, Ref. RB                                                                                    | CUSIP: 442349DH6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3350000 | PA      | $3398064.80   | 0.18%             | 2027-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp.                                                                                                             | New York Transportation Development Corp., Series 2020 A, Ref. RB                                                                                      | CUSIP: 650116DK9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1044786.10   | 0.05%             | 2030-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago (City of), IL Board of Education                                                                                                              | Chicago (City of), IL Board of Education, Series 2018 A, Ref. GO Bonds                                                                                 | CUSIP: 167505UC8<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1569971.10   | 0.08%             | 2027-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Orleans (City of), LA Aviation Board (Parking Facilities Corp. Consolidated Garage System)                                                        | New Orleans (City of), LA Aviation Board (Parking Facilities Corp. Consolidated Garage System), Series 2018 A, RB                                      | CUSIP: 64763KAC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    220000 | PA      | $233546.90    | 0.01%             | 2036-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Irvine (City of), CA (Reassessment District No. 13-1)                                                                                                 | Irvine (City of), CA (Reassessment District No. 13-1), Series 2013, RB                                                                                 | CUSIP: 46360RQG5<br>LEI: 549300PJ9FL2XGFR8J79 | Long             | DBT              | MUN               | US        |    500000 | PA      | $509345.35    | 0.03%             | 2023-09-02      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Dacono Urban Renewal Authority                                                                                                                        | Dacono Urban Renewal Authority, Series 2020, RB                                                                                                        | CUSIP: 233419AA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    656000 | PA      | $608572.91    | 0.03%             | 2039-12-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Colorado (State of) Health Facilities Authority (Aberdeen Ridge)                                                                                      | Colorado (State of) Health Facilities Authority (Aberdeen Ridge), Series 2021 B, RB                                                                    | CUSIP: 19648FTL8<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   1125000 | PA      | $1013862.94   | 0.05%             | 2029-05-15      | Fixed         | 2.62%                 | No            |                  2 | On Loan: No      |
| California (State of) Pollution Control Finance Authority                                                                                             | California (State of) Pollution Control Finance Authority, Series 2012, RB                                                                             | CUSIP: 13054WAA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5590000 | PA      | $5592598.79   | 0.29%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts (State of) Development Finance Agency (Seven Hills Foundation)                                                                          | Massachusetts (State of) Development Finance Agency (Seven Hills Foundation), Series 2021, Ref. RB                                                     | CUSIP: 57584YV97<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1124351.80   | 0.06%             | 2041-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York (State of) Dormitory Authority                                                                                                               | New York (State of) Dormitory Authority, Series 2020 A, Ref. RB                                                                                        | CUSIP: 64990FYD0<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5072602.00   | 0.26%             | 2036-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Kentucky (Commonwealth of) Property & Building Commission (No. 108)                                                                                   | Kentucky (Commonwealth of) Property & Building Commission (No. 108), Series 2015 A, RB                                                                 | CUSIP: 49151FGJ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1050664.90   | 0.05%             | 2029-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lancaster (City of), CA Redevelopment Agency Successor Agency (Redevelopment Areas)                                                                   | Lancaster (City of), CA Redevelopment Agency Successor Agency (Redevelopment Areas), Series 2017, Ref. RB                                              | CUSIP: 513802DY1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3400000 | PA      | $3391349.38   | 0.18%             | 2039-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Wayne (County of), MI Airport Authority (Detroit Metropolitan Airport)                                                                                | Wayne (County of), MI Airport Authority (Detroit Metropolitan Airport), Series 2012 D, Ref. RB                                                         | CUSIP: 944514PU6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2502622.00   | 0.13%             | 2028-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority (Community School of Davidson)                                                                                               | Public Finance Authority (Community School of Davidson), Series 2018, RB                                                                               | CUSIP: 74443DDZ1<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    390000 | PA      | $387718.85    | 0.02%             | 2033-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Dallas & Fort Worth (Cities of), TX (Dallas/Fort Worth International Airport)                                                                         | Dallas & Fort Worth (Cities of), TX (Dallas/Fort Worth International Airport), Series 2013 F, Ref. RB                                                  | CUSIP: 235036R44<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3565633.75   | 0.19%             | 2033-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Allentown Neighborhood Improvement Zone Development Authority                                                                                         | Allentown Neighborhood Improvement Zone Development Authority, Series 2022, RB                                                                         | CUSIP: 018444BY4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1519156.65   | 0.08%             | 2036-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North (State of) Carolina Medical Care Commission (Lutheran Services for the Aging)                                                                   | North (State of) Carolina Medical Care Commission (Lutheran Services for the Aging), Series 2021, RB                                                   | CUSIP: 65821DYU9<br>LEI: 549300FH6KOXGCHQYG81 | Long             | DBT              | MUN               | US        |    900000 | PA      | $755284.95    | 0.04%             | 2036-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Harris County Cultural Education Facilities Finance Corp. (Brazos Presbyterian Homes, Inc.)                                                           | Harris County Cultural Education Facilities Finance Corp. (Brazos Presbyterian Homes, Inc.), Series 2013 A, RB                                         | CUSIP: 414009FF2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1090000 | PA      | $1025674.20   | 0.05%             | 2033-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lenexa (City of), KS (Lakeview Village, Inc.)                                                                                                         | Lenexa (City of), KS (Lakeview Village, Inc.), Series 2018 A, Ref. RB                                                                                  | CUSIP: 526039DF6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1210000 | PA      | $1216847.51   | 0.06%             | 2029-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Greeneville (Town of), TN Health & Educational Facilities Board (Ballad Health Obligated Group)                                                       | Greeneville (Town of), TN Health & Educational Facilities Board (Ballad Health Obligated Group), Series 2018 A, Ref. RB                                | CUSIP: 396649EQ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    370000 | PA      | $371893.25    | 0.02%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Birmingham (City of), AL Special Care Facilities Financing Authority (Methodist Home for the Aging)                                                   | Birmingham (City of), AL Special Care Facilities Financing Authority (Methodist Home for the Aging), Series 2016, RB                                   | CUSIP: 091081DQ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1902111.20   | 0.10%             | 2030-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Colorado (State of) Health Facilities Authority (Commonspirit Health)                                                                                 | Colorado (State of) Health Facilities Authority (Commonspirit Health), Series 2019 A, Ref. RB                                                          | CUSIP: 19648FJX3<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   4730000 | PA      | $4413822.68   | 0.23%             | 2037-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Luzerne (County of), PA                                                                                                                               | Luzerne (County of), PA, Series 2015 A, Ref. GO Bonds                                                                                                  | CUSIP: 550697VF0<br>LEI: 5493001Z1Y4QDISEER29 | Long             | DBT              | MUN               | US        |    500000 | PA      | $527001.00    | 0.03%             | 2029-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Cuyahoga (County of), OH (MetroHealth System)                                                                                                         | Cuyahoga (County of), OH (MetroHealth System), Series 2017, Ref. RB                                                                                    | CUSIP: 2322655M6<br>LEI: 549300GHDK9DGLUNJU89 | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1823113.43   | 0.09%             | 2031-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Greater Orlando Aviation Authority                                                                                                                    | Greater Orlando Aviation Authority, Series 2019, RB                                                                                                    | CUSIP: 392274Z82<br>LEI: 549300CP6PUG5S184F61 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5312513.00   | 0.28%             | 2034-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Private Activity Bond Surface Transportation Corp. (NTE Mobility Partners LLC - North Tarrant Express Managed Lanes)                            | Texas Private Activity Bond Surface Transportation Corp. (NTE Mobility Partners LLC - North Tarrant Express Managed Lanes), Series 2019 A, Ref. RB     | CUSIP: 882667AR9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1068047.90   | 0.06%             | 2032-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico (Commonwealth of)                                                                                                                         | Puerto Rico (Commonwealth of), Series 2021 A, GO Bonds                                                                                                 | CUSIP: 74514L3R6<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |   2100000 | PA      | $1152734.31   | 0.06%             | 2033-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Pompano Beach (City of), FL (John Knox Village)                                                                                                       | Pompano Beach (City of), FL (John Knox Village), Series 2021 B-2, RB                                                                                   | CUSIP: 732203BL7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    560000 | PA      | $490836.42    | 0.03%             | 2027-01-01      | Fixed         | 1.45%                 | No            |                  2 | On Loan: No      |
| Commonwealth Financing Authority                                                                                                                      | Commonwealth Financing Authority, Series 2018, RB                                                                                                      | CUSIP: 20282EAL0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5500000 | PA      | $6016756.90   | 0.31%             | 2030-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hope Cultural Education Facilities Finance Corp. (Carillon Lifecare Community)                                                                    | New Hope Cultural Education Facilities Finance Corp. (Carillon Lifecare Community), Series 2016, Ref. RB                                               | CUSIP: 64542UBA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2620000 | PA      | $2303907.48   | 0.12%             | 2028-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico (Commonwealth of) Industrial, Tourist, Educational, Medical & Environmental Control Facilities Financing Auth (Hospital Auxilio Mutuo)    | Puerto Rico (Commonwealth of) Industrial, Tourist, Educational, Medical & Environmental Control Facilities Financing Authority (Hospital Auxilio Mutuo | CUSIP: 74527EFP8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    425000 | PA      | $460552.87    | 0.02%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Vauxmont Metropolitan District                                                                                                                        | Vauxmont Metropolitan District, Series 2019, Ref. GO Bonds                                                                                             | CUSIP: 92242SAM5<br>LEI: 549300M7XL6MB0OW8D56 | Long             | DBT              | MUN               | US        |    160000 | PA      | $171282.29    | 0.01%             | 2032-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania (Commonwealth of) Economic Development Financing Authority (PA Bridges Finco L.P.)                                                       | Pennsylvania (Commonwealth of) Economic Development Financing Authority (PA Bridges Finco L.P.), Series 2015, RB                                       | CUSIP: 70869PHV2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2630000 | PA      | $2666804.75   | 0.14%             | 2034-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois (State of) Toll Highway Authority                                                                                                            | Illinois (State of) Toll Highway Authority, Series 2013 A, RB                                                                                          | CUSIP: 452252HG7<br>LEI: 549300ISBFGI8MJJKM98 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2002242.20   | 0.10%             | 2038-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Centerville (City of), OH (Graceworks Lutheran Services)                                                                                              | Centerville (City of), OH (Graceworks Lutheran Services), Series 2017, Ref. RB                                                                         | CUSIP: 152241AY1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1195000 | PA      | $1135640.17   | 0.06%             | 2037-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New York Counties Tobacco Trust VI                                                                                                                    | New York Counties Tobacco Trust VI, Series 2016 B, Ref. RB                                                                                             | CUSIP: 64945JAR3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    280000 | PA      | $289015.22    | 0.01%             | 2027-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania (Commonwealth of)                                                                                                                        | Pennsylvania (Commonwealth of), First Series 2015 1, GO Bonds                                                                                          | CUSIP: 70914PXE7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1569951.30   | 0.08%             | 2031-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles (City of), CA Department of Airports (Los Angeles International Airport)                                                                  | Los Angeles (City of), CA Department of Airports (Los Angeles International Airport), Series 2018 B, Ref. RB                                           | CUSIP: 544445EZ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2154464.80   | 0.11%             | 2029-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Piedmont Municipal Power Agency                                                                                                                       | Piedmont Municipal Power Agency, Series 2015 A, RB                                                                                                     | CUSIP: 720175YA0<br>LEI: 549300C7VOBGIG4OD375 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2066856.80   | 0.11%             | 2030-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TSASC, Inc.                                                                                                                                           | TSASC, Inc., Series 2017 A, Ref. RB                                                                                                                    | CUSIP: 898526FB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1544845.95   | 0.08%             | 2033-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York (City of), NY                                                                                                                                | New York (City of), NY, Series 2020 C, GO Bonds                                                                                                        | CUSIP: 64966QQB9<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4993303.50   | 0.26%             | 2039-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Osceola (County of), FL                                                                                                                               | Osceola (County of), FL, Series 2020 A-1, Ref. RB                                                                                                      | CUSIP: 688031DU4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $357404.25    | 0.02%             | 2033-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Greater Orlando Aviation Authority (Jetblue Airway)                                                                                                   | Greater Orlando Aviation Authority (Jetblue Airway), Series 2013, Ref. RB                                                                              | CUSIP: 392274F76<br>LEI: 549300CP6PUG5S184F61 | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3503704.40   | 0.18%             | 2026-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Redwood City (City of), CA (Redwood Shores Community Facilities District No. 99-1 - Shores Transportation Improvement)                                | Redwood City (City of), CA (Redwood Shores Community Facilities District No. 99-1 - Shores Transportation Improvement), Series 2012, Ref. RB           | CUSIP: 757893DN9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    495000 | PA      | $495633.75    | 0.03%             | 2026-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California (State of) (Bid Group B)                                                                                                                   | California (State of) (Bid Group B), Series 2020, GO Bonds                                                                                             | CUSIP: 13063DZH4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $11267532.00  | 0.58%             | 2036-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois (State of)                                                                                                                                   | Illinois (State of), Series 2016, GO Bonds                                                                                                             | CUSIP: 452152L82<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   2135000 | PA      | $2203646.01   | 0.11%             | 2025-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PEFA, Inc.                                                                                                                                            | PEFA, Inc., Series 2019, RB                                                                                                                            | CUSIP: 70556CAB0<br>LEI: 549300RSE249DJNRHY07 | Long             | DBT              | MUN               | US        |   3635000 | PA      | $3724441.72   | 0.19%             | 2049-09-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Atlanta GA Airport Passenger Facility Charge                                                                                                  | City of Atlanta GA Airport Passenger Facility Charge, Series 2019, RB                                                                                  | CUSIP: 04780TDM3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1540000 | PA      | $1484438.19   | 0.08%             | 2038-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| North Carolina (State of) Department of Transportation (I-77 HOT Lanes)                                                                               | North Carolina (State of) Department of Transportation (I-77 HOT Lanes), Series 2015, RB                                                               | CUSIP: 65820FAB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1215000 | PA      | $1241793.91   | 0.06%             | 2027-06-30      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Power Generation Agency (Whelan Energy Center Unit 2)                                                                                          | Public Power Generation Agency (Whelan Energy Center Unit 2), Series 2016 A, Ref. RB                                                                   | CUSIP: 744434EF4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5262029.50   | 0.27%             | 2034-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey (State of) Economic Development Authority (Social Bonds)                                                                                   | New Jersey (State of) Economic Development Authority (Social Bonds), Series 2021, RB                                                                   | CUSIP: 64577XCP9<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $966206.90    | 0.05%             | 2038-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin (State of) Public Finance Authority (Maryland Proton Treatment Center)                                                                      | Wisconsin (State of) Public Finance Authority (Maryland Proton Treatment Center), Series 2018 A-1, RB                                                  | CUSIP: 74442PJU0<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   3250000 | PA      | $1998750.00   | 0.10%             | 2038-01-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Grand Parkway Transportation Corp.                                                                                                                    | Grand Parkway Transportation Corp., Series 2020, Ref. RB                                                                                               | CUSIP: 38611TBX4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1010007.80   | 0.05%             | 2037-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Gaithersburg (City of), MD (Asbury Maryland Obligated Group)                                                                                          | Gaithersburg (City of), MD (Asbury Maryland Obligated Group), Series 2018 A, Ref. RB                                                                   | CUSIP: 363128CT4<br>LEI: 549300UFHDHDCHDE0F65 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2017765.20   | 0.10%             | 2033-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                                                                                                      | Pennsylvania Turnpike Commission, Series 2021, RB                                                                                                      | CUSIP: 709225DW3<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1717403.98   | 0.09%             | 2041-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Detroit (City of), MI Downtown Development Authority (Catalyst Development)                                                                           | Detroit (City of), MI Downtown Development Authority (Catalyst Development), Series 2018 A, Ref. RB                                                    | CUSIP: 251135GG8<br>LEI: 549300WO3NSMP6FECO66 | Long             | DBT              | MUN               | US        |    700000 | PA      | $720219.57    | 0.04%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey (State of) Educational Facilities Authority (Higher Education Facilities Trust Fund)                                                       | New Jersey (State of) Educational Facilities Authority (Higher Education Facilities Trust Fund), Series 2014, RB                                       | CUSIP: 646066EG1<br>LEI: 549300UTOO4X537XXG70 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1028124.20   | 0.05%             | 2026-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Miami-Dade (County of), FL                                                                                                                            | Miami-Dade (County of), FL, Subseries 2021 A-1, Ref. RB                                                                                                | CUSIP: 59335KDE4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2385000 | PA      | $2223679.08   | 0.12%             | 2041-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Charyl Stockwell Academy                                                                                                                              | Charyl Stockwell Academy, Series 2015, Ref. RB                                                                                                         | CUSIP: 161419AA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     85000 | PA      | $84425.63     | 0.00%             | 2023-10-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Brookhaven Development Authority (Children's Healthcare of Atlanta, Inc.)                                                                             | Brookhaven Development Authority (Children's Healthcare of Atlanta, Inc.), Series 2019 A, RB                                                           | CUSIP: 113073AM2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    330000 | PA      | $364629.64    | 0.02%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ohio (State of) Air Quality Development Authority (Ohio Valley Electric Corp.)                                                                        | Ohio (State of) Air Quality Development Authority (Ohio Valley Electric Corp.), Series 2014, RB                                                        | CUSIP: 677525WH6<br>LEI: 549300DZUU80AYOR6M80 | Long             | DBT              | MUN               | US        |   9000000 | PA      | $8028517.50   | 0.42%             | 2041-06-01      | Variable      | 2.60%                 | No            |                  2 | On Loan: No      |
| Las Vegas (City of), NV Special Improvement District No. 607                                                                                          | Las Vegas (City of), NV Special Improvement District No. 607, Series 2013, Ref. RB                                                                     | CUSIP: 517779AM6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $20305.85     | 0.00%             | 2024-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kirkwood (City of), MO Industrial Development Authority (Aberdeen Heights)                                                                            | Kirkwood (City of), MO Industrial Development Authority (Aberdeen Heights), Series 2017, Ref. RB                                                       | CUSIP: 497609BA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2685000 | PA      | $2511790.92   | 0.13%             | 2032-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Pennsylvania (Commonwealth of)                                                                                                                        | Pennsylvania (Commonwealth of), Series 2018 A, Ref. COP                                                                                                | CUSIP: 709144NQ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    425000 | PA      | $466681.07    | 0.02%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maricopa County Pollution Control Corp. (Southern California Edison)                                                                                  | Maricopa County Pollution Control Corp. (Southern California Edison), Series 2000, Ref. RB                                                             | CUSIP: 566854EM3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $3048168.00   | 0.16%             | 2035-06-01      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| New York Liberty Development Corp. (Green Bonds)                                                                                                      | New York Liberty Development Corp. (Green Bonds), Series 2021 A, Ref. RB                                                                               | CUSIP: 649519ED3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9000000 | PA      | $6970874.40   | 0.36%             | 2041-11-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| Commonwealth Financing Authority                                                                                                                      | Commonwealth Financing Authority, Series 2018, RB                                                                                                      | CUSIP: 20282EAP1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4339344.40   | 0.23%             | 2033-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tobacco Settlement Financing Corp.                                                                                                                    | Tobacco Settlement Financing Corp., Series 2015 A, Ref. RB                                                                                             | CUSIP: 888809BE9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4039508.80   | 0.21%             | 2040-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Miami (City of), FL                                                                                                                                   | Miami (City of), FL, Series 2012, Ref. RB                                                                                                              | CUSIP: 593490ML6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $100572.24    | 0.01%             | 2030-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California (County of), CA Tobacco Securitization Agency                                                                                              | California (County of), CA Tobacco Securitization Agency, Series 2020 A, Ref. RB                                                                       | CUSIP: 13016NER1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $632275.74    | 0.03%             | 2033-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey (State of) Transportation Trust Fund Authority                                                                                             | New Jersey (State of) Transportation Trust Fund Authority, Series 2015 AA, RB                                                                          | CUSIP: 646136W64<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2024260.60   | 0.11%             | 2023-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California (State of) Municipal Finance Authority (Mt. San Antonio Gardens)                                                                           | California (State of) Municipal Finance Authority (Mt. San Antonio Gardens), Series 2022, RB                                                           | CUSIP: 13049RBT2<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    525000 | PA      | $472231.20    | 0.02%             | 2027-11-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| California (State of) Public Works Board (Various Capital)                                                                                            | California (State of) Public Works Board (Various Capital), Series 2021 B, RB                                                                          | CUSIP: 13068XBP3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2125000 | PA      | $2163629.53   | 0.11%             | 2038-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| University of Vermont & State Agricultural College                                                                                                    | University of Vermont & State Agricultural College, Series 2019 B, Ref. RB                                                                             | CUSIP: 915200A74<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1375000 | PA      | $1584632.50   | 0.08%             | 2036-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority (City of Boynton Beach, Florida Municipal Improvements)                                                                      | Public Finance Authority (City of Boynton Beach, Florida Municipal Improvements), Series 2018, RB                                                      | CUSIP: 74446AAX2<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2137581.00   | 0.11%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ashland (City of), KY (King's Daughters Medical Center)                                                                                               | Ashland (City of), KY (King's Daughters Medical Center), Series 2019, Ref. RB                                                                          | CUSIP: 044293BU1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    450000 | PA      | $474543.18    | 0.02%             | 2032-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey (State of) Transportation Trust Fund Authority                                                                                             | New Jersey (State of) Transportation Trust Fund Authority, Series 2021 A, Ref. RB                                                                      | CUSIP: 6461368A2<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1961895.40   | 0.10%             | 2036-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Kentucky (Commonwealth of) Property & Building Commission (No. 119)                                                                                   | Kentucky (Commonwealth of) Property & Building Commission (No. 119), Series 2018, RB                                                                   | CUSIP: 49151FZD5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $109014.66    | 0.01%             | 2033-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Orleans (City of), LA Aviation Board (Parking Facilities Corp. Consolidated Garage System)                                                        | New Orleans (City of), LA Aviation Board (Parking Facilities Corp. Consolidated Garage System), Series 2018 A, RB                                      | CUSIP: 64763KAD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    145000 | PA      | $152908.87    | 0.01%             | 2037-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Military Installation Development Authority                                                                                                           | Military Installation Development Authority, Series 2021 A-1, RB                                                                                       | CUSIP: 599772AA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $421428.00    | 0.02%             | 2036-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Tobacco Settlement Financing Corp.                                                                                                                    | Tobacco Settlement Financing Corp., Series 2018, RB                                                                                                    | CUSIP: 888808HJ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5183900.00   | 0.27%             | 2033-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Orleans (City of), LA Aviation Board                                                                                                              | New Orleans (City of), LA Aviation Board, Series 2015 B, RB                                                                                            | CUSIP: 64763HFA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1799536.90   | 0.09%             | 2027-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority                                                                                                                 | Metropolitan Transportation Authority, Subseries 2015 C-1, Ref. RB                                                                                     | CUSIP: 59259Y5Y1<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |   1875000 | PA      | $1909746.38   | 0.10%             | 2031-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Centerra Metropolitan District No. 1 (In the City of Loveland)                                                                                        | Centerra Metropolitan District No. 1 (In the City of Loveland), Series 2017, RB                                                                        | CUSIP: 15200XAE3<br>LEI: 549300SHE5ZPSMGZH793 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $3963984.80   | 0.21%             | 2029-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Nassau County Tobacco Settlement Corp.                                                                                                                | Nassau County Tobacco Settlement Corp., Series 2006 A-2, RB                                                                                            | CUSIP: 63166MBZ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    451949 | PA      | $442630.10    | 0.02%             | 2026-06-01      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| Missouri (State of) Joint Municipal Electric Utility Commission (Prairie State)                                                                       | Missouri (State of) Joint Municipal Electric Utility Commission (Prairie State), Series 2015 A, Ref. RB                                                | CUSIP: 606092HY3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1565006.25   | 0.08%             | 2027-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Nashville (City of) & Davidson (County of), TN Metropolitan Gov Health & Educational Facilities Board (The) (Vanderbilt University Medical Center)    | Nashville (City of) & Davidson (County of), TN Metropolitan Gov Health & Educational Facilities Board (The) (Vanderbilt University Medical Center), Se | CUSIP: 592041WF0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2061551.00   | 0.11%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Philadelphia (City of), PA Gas Works                                                                                                                  | Philadelphia (City of), PA Gas Works, Series 2015, Ref. RB                                                                                             | CUSIP: 7178237P7<br>LEI: 549300H8UJ7V5WU5IA90 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1041020.80   | 0.05%             | 2031-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Shelby (County of), TN Health, Educational & Housing Facilities Board (The Village at Germantown, Inc.)                                               | Shelby (County of), TN Health, Educational & Housing Facilities Board (The Village at Germantown, Inc.), Series 2014, RB                               | CUSIP: 82169JAX1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    650000 | PA      | $651466.27    | 0.03%             | 2029-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Georgia (State of) Municipal Electric Authority                                                                                                       | Georgia (State of) Municipal Electric Authority, Series 2019 A, Ref. RB                                                                                | CUSIP: 6262074A9<br>LEI: JA0WNILDDF2KUPS83B16 | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1295010.12   | 0.07%             | 2033-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ohio (State of) Air Quality Development Authority (Pratt Paper LLC)                                                                                   | Ohio (State of) Air Quality Development Authority (Pratt Paper LLC), Series 2017, RB                                                                   | CUSIP: 67754AAC8<br>LEI: 549300DZUU80AYOR6M80 | Long             | DBT              | MUN               | US        |   4945000 | PA      | $4845502.15   | 0.25%             | 2028-01-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Metropolitan Pier & Exposition Authority                                                                                                              | Metropolitan Pier & Exposition Authority, Series 2002, RB                                                                                              | CUSIP: 592247K58<br>LEI: 254900I3VDCQ58UGBR15 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $2896610.50   | 0.15%             | 2034-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Bartlett (Village of), IL (Quarry Redevelopment)                                                                                                      | Bartlett (Village of), IL (Quarry Redevelopment), Series 2016, Ref. RB                                                                                 | CUSIP: 069342AD5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2330000 | PA      | $2307433.95   | 0.12%             | 2024-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New Jersey (State of) Economic Development Authority                                                                                                  | New Jersey (State of) Economic Development Authority, Series 2013 NN, Ref. RB                                                                          | CUSIP: 645918T94<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |    305000 | PA      | $306391.62    | 0.02%             | 2026-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California (State of) County Tobacco Securitization Agency (Alameda County Tobacco Asset Securitization Corp.)                                        | California (State of) County Tobacco Securitization Agency (Alameda County Tobacco Asset Securitization Corp.), Series 2002, RB                        | CUSIP: 13016NBY9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2250000 | PA      | $2287160.33   | 0.12%             | 2042-06-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| New Jersey (State of) Economic Development Authority (The Goethals Bridge Replacement)                                                                | New Jersey (State of) Economic Development Authority (The Goethals Bridge Replacement), Series 2013, RB                                                | CUSIP: 645918Z71<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   2130000 | PA      | $2151244.83   | 0.11%             | 2027-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Alachua County Health Facilities Authority                                                                                                            | Alachua County Health Facilities Authority, Series 2019, RB                                                                                            | CUSIP: 010685LC7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2570000 | PA      | $2682027.59   | 0.14%             | 2037-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago (City of), IL Board of Education                                                                                                              | Chicago (City of), IL Board of Education, Series 2017 C, Ref. GO Bonds                                                                                 | CUSIP: 167505SL1<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2018838.60   | 0.10%             | 2030-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California (State of) Statewide Communities Development Authority (California Baptist University)                                                     | California (State of) Statewide Communities Development Authority (California Baptist University), Series 2017 A, Ref. RB                              | CUSIP: 13080SSH8<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   1135000 | PA      | $1164756.75   | 0.06%             | 2032-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Salem (County of), NJ Pollution Control Financing Authority (Chambers)                                                                                | Salem (County of), NJ Pollution Control Financing Authority (Chambers), Series 2014 A, PCR                                                             | CUSIP: 79410SBN5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1895000 | PA      | $1917087.93   | 0.10%             | 2023-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue                                                                               | New York City Transitional Finance Authority Future Tax Secured Revenue, Series 2021, RB                                                               | CUSIP: 64971XF52<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8000000 | PA      | $8109566.40   | 0.42%             | 2036-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Arizona (State of) Industrial Development Authority (Basis Schools)                                                                                   | Arizona (State of) Industrial Development Authority (Basis Schools), Series 2017 D, Ref. RB                                                            | CUSIP: 04052BCQ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    630000 | PA      | $621000.64    | 0.03%             | 2037-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania (Commonwealth of) Turnpike Commission                                                                                                    | Pennsylvania (Commonwealth of) Turnpike Commission, Series 2015 A-1, Ref. RB                                                                           | CUSIP: 709224HF9<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |   1055000 | PA      | $1112477.03   | 0.06%             | 2028-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Allegheny (County of), PA Hospital Development Authority (Allegheny Health Network Obligated Group Issue)                                             | Allegheny (County of), PA Hospital Development Authority (Allegheny Health Network Obligated Group Issue), Series 2018 A, Ref. RB                      | CUSIP: 01728A3S3<br>LEI: 54930046B973R604OG22 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2135726.40   | 0.11%             | 2032-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Virginia (State of) Small Business Financing Authority (I-495 Hot Lanes)                                                                              | Virginia (State of) Small Business Financing Authority (I-495 Hot Lanes), Series 2022, Ref. RB                                                         | CUSIP: 928104QH4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2090281.00   | 0.11%             | 2042-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington (State of) Housing Finance Commission                                                                                                      | Washington (State of) Housing Finance Commission, Series 2021-1, Class A, Ctfs.                                                                        | CUSIP: 93978TS59<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |   5968362 | PA      | $5353864.59   | 0.28%             | 2035-12-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| San Francisco (City & County of), CA Successor Agency to the Redev Agency Community Facilities District No. 6 (Mission Bay South Public Improvements) | San Francisco (City & County of), CA Successor Agency to the Redev Agency Community Facilities District No. 6 (Mission Bay South Public Improvements), | CUSIP: 79772ABL0<br>LEI: 5493001TPOZL3UK8DX25 | Long             | DBT              | MUN               | US        |    405000 | PA      | $405524.23    | 0.02%             | 2027-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts (State of) Development Finance Agency                                                                                                   | Massachusetts (State of) Development Finance Agency, Series 2021 G, Ref. RB                                                                            | CUSIP: 57584YG78<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |    300000 | PA      | $310129.95    | 0.02%             | 2038-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Broadway Park North Metropolitan District No. 2                                                                                                       | Broadway Park North Metropolitan District No. 2, Series 2020, GO Bonds                                                                                 | CUSIP: 111561AB2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1325000 | PA      | $1245545.85   | 0.06%             | 2040-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin (State of) Public Finance Authority (21st Century Public Academy)                                                                           | Wisconsin (State of) Public Finance Authority (21st Century Public Academy), Series 2020 A, RB                                                         | CUSIP: 74446LAA8<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    350000 | PA      | $311985.56    | 0.02%             | 2030-06-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Multnomah (County of), OR (Hospital Facilities Authority Terwilliger Plaza, Inc.)                                                                     | Multnomah (County of), OR (Hospital Facilities Authority Terwilliger Plaza, Inc.), Series 2016, Ref. RB                                                | CUSIP: 62551PCT2<br>LEI: 549300GAP0JIG7V33754 | Long             | DBT              | MUN               | US        |    295000 | PA      | $299340.19    | 0.02%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas (State of) Transportation Commission                                                                                                            | Texas (State of) Transportation Commission, Series 2019, RB                                                                                            | CUSIP: 88283NAF9<br>LEI: 5493006JSGNPGVJS7691 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $744565.05    | 0.04%             | 2036-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Clifton Higher Education Finance Corp. (International Leadership of Texas)                                                                            | Clifton Higher Education Finance Corp. (International Leadership of Texas), Series 2018 D, RB                                                          | CUSIP: 187145JR9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5090757.50   | 0.26%             | 2033-08-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Illinois (State of) Finance Authority (Peace Village)                                                                                                 | Illinois (State of) Finance Authority (Peace Village), Series 2013, RB                                                                                 | CUSIP: 45203HVT6<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   1505000 | PA      | $1538630.43   | 0.08%             | 2028-08-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| George L Smith II Congress Center Authority (Convention Center Hotel)                                                                                 | George L Smith II Congress Center Authority (Convention Center Hotel), Series 2021, RB                                                                 | CUSIP: 37255MAA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    525000 | PA      | $459742.29    | 0.02%             | 2031-01-01      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| Los Angeles (City of), CA Department of Airports (Los Angeles International Airport)                                                                  | Los Angeles (City of), CA Department of Airports (Los Angeles International Airport), Series 2018 A, RB                                                | CUSIP: 544445ER6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7005000 | PA      | $7199832.17   | 0.37%             | 2044-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Orleans (City of), LA                                                                                                                             | New Orleans (City of), LA, Series 2015, RB                                                                                                             | CUSIP: 647719NT6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $528200.15    | 0.03%             | 2030-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin (State of) Health & Educational Facilities Authority (Benevolent Corp. Cedar Community)                                                     | Wisconsin (State of) Health & Educational Facilities Authority (Benevolent Corp. Cedar Community), Series 2017, Ref. RB                                | CUSIP: 97712DG75<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   1720000 | PA      | $1666917.70   | 0.09%             | 2032-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of Vermont & State Agricultural College                                                                                                    | University of Vermont & State Agricultural College, Series 2019 B, Ref. RB                                                                             | CUSIP: 915200A66<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1220000 | PA      | $1403056.36   | 0.07%             | 2035-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Floyd (County of), GA Development Authority (The Spires at Berry College)                                                                             | Floyd (County of), GA Development Authority (The Spires at Berry College), Series 2018 A, RB                                                           | CUSIP: 343572AB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1434100.50   | 0.07%             | 2033-12-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Scranton School District                                                                                                                              | Scranton School District, Series 2017 E, Ref. GO Bonds                                                                                                 | CUSIP: 810827XF7<br>LEI: 549300SDNGI3OKNOUW62 | Long             | DBT              | MUN               | US        |     90000 | PA      | $97534.98     | 0.01%             | 2033-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania (Commonwealth of) Turnpike Commission                                                                                                    | Pennsylvania (Commonwealth of) Turnpike Commission, Series 2019 A, RB                                                                                  | CUSIP: 709224N47<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |   1860000 | PA      | $2049303.73   | 0.11%             | 2031-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chattanooga (City of) & Hamilton (County of), TN Hospital Authority (Erlanger Health System)                                                          | Chattanooga (City of) & Hamilton (County of), TN Hospital Authority (Erlanger Health System), Series 2014 A, Ref. RB                                   | CUSIP: 162362HZ3<br>LEI: 549300BFNMBLLM3M6C70 | Long             | DBT              | MUN               | US        |   1505000 | PA      | $1515818.84   | 0.08%             | 2039-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey (State of) Economic Development Authority (Continental Airlines, Inc.)                                                                     | New Jersey (State of) Economic Development Authority (Continental Airlines, Inc.), Series 1999, RB                                                     | CUSIP: 64578CAG6<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   1770000 | PA      | $1774525.89   | 0.09%             | 2023-09-15      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| New Jersey (State of) Transportation Trust Fund Authority                                                                                             | New Jersey (State of) Transportation Trust Fund Authority, Series 2008 A, RB                                                                           | CUSIP: 646136WF4<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |    255000 | PA      | $199962.23    | 0.01%             | 2028-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Georgia (State of) Municipal Electric Authority of Georgia (Plant Vogtle Units 3 & 4)                                                                 | Georgia (State of) Municipal Electric Authority of Georgia (Plant Vogtle Units 3 & 4), Series 2021 A, Ref. RB                                          | CUSIP: 6262077F5<br>LEI: JA0WNILDDF2KUPS83B16 | Long             | DBT              | MUN               | US        |    480000 | PA      | $435772.13    | 0.02%             | 2041-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Cleveland (City of) & Cuyahoga (County of), OH Port Authority (Playhouse Square Foundation)                                                           | Cleveland (City of) & Cuyahoga (County of), OH Port Authority (Playhouse Square Foundation), Series 2018, Ref. RB                                      | CUSIP: 18610PAT5<br>LEI: 549300KI3FXFLUKF3A98 | Long             | DBT              | MUN               | US        |   2460000 | PA      | $2486650.41   | 0.13%             | 2033-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                                                                                                  | Triborough Bridge & Tunnel Authority, Series 2013 A, Ref. RB                                                                                           | CUSIP: 89602NH31<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |     75000 | PA      | $75824.54     | 0.00%             | 2026-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Riverside (County of), CA Public Financing Authority (Desert Communities and Interstate 215 Corridor - Project Area No. 1)                            | Riverside (County of), CA Public Financing Authority (Desert Communities and Interstate 215 Corridor - Project Area No. 1), Series 2015 A, RB          | CUSIP: 76912TJT1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1375000 | PA      | $1454046.69   | 0.08%             | 2029-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Grand Parkway Transportation Corp.                                                                                                                    | Grand Parkway Transportation Corp., Series 2020 C, Ref. RB                                                                                             | CUSIP: 38611TBW6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $254667.23    | 0.01%             | 2036-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California (State of) Municipal Finance Authority (Harbor Regional Center)                                                                            | California (State of) Municipal Finance Authority (Harbor Regional Center), Series 2015, Ref. RB                                                       | CUSIP: 13048TYA5<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1061657.40   | 0.06%             | 2032-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Stephenson County School District No. 145 Freeport                                                                                                    | Stephenson County School District No. 145 Freeport, Series 2018 A, GO Bonds                                                                            | CUSIP: 858892MX7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    205000 | PA      | $226903.90    | 0.01%             | 2031-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Orleans (City of), LA                                                                                                                             | New Orleans (City of), LA, Series 2015, RB                                                                                                             | CUSIP: 647719NX7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1056400.30   | 0.05%             | 2034-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois (State of)                                                                                                                                   | Illinois (State of), Series 2016, GO Bonds                                                                                                             | CUSIP: 452152M57<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   1040000 | PA      | $1075508.82   | 0.06%             | 2030-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lenexa (City of), KS (Lakeview Village, Inc.)                                                                                                         | Lenexa (City of), KS (Lakeview Village, Inc.), Series 2018 A, Ref. RB                                                                                  | CUSIP: 526039DH2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1335000 | PA      | $1334964.89   | 0.07%             | 2031-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Orleans (City of), LA                                                                                                                             | New Orleans (City of), LA, Series 2014, Ref. RB                                                                                                        | CUSIP: 647719NA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $517077.95    | 0.03%             | 2026-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kalamazoo Economic Development Corp. (Heritage Community of Kalamazoo)                                                                                | Kalamazoo Economic Development Corp. (Heritage Community of Kalamazoo), Series 2019, Ref. RB                                                           | CUSIP: 483228DU3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    870000 | PA      | $817458.70    | 0.04%             | 2032-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tampa (City of), FL                                                                                                                                   | Tampa (City of), FL, Series 2020 A, RB                                                                                                                 | CUSIP: 875146AZ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3030000 | PA      | $1251500.29   | 0.06%             | 2041-09-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Kansas City (City of), MO                                                                                                                             | Kansas City (City of), MO, Series 2017 C, Ref. RB                                                                                                      | CUSIP: 485106SB5<br>LEI: 549300EGAE3I3XU7XE19 | Long             | DBT              | MUN               | US        |   1850000 | PA      | $2002692.71   | 0.10%             | 2032-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Newark High Education Finance Corp. (A+ Charter Schools, Inc.)                                                                                        | Newark High Education Finance Corp. (A+ Charter Schools, Inc.), Series 2015 A, RB                                                                      | CUSIP: 650346BV0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    485000 | PA      | $491015.21    | 0.03%             | 2025-08-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Pennsylvania (Commonwealth of)                                                                                                                        | Pennsylvania (Commonwealth of), First Series 2017, Ref. GO Bonds                                                                                       | CUSIP: 70914PJ94<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5400000 | PA      | $5765315.40   | 0.30%             | 2026-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Woodbury (City of), MN Housing & Redevelopment Authority (St. Therese of Woodbury)                                                                    | Woodbury (City of), MN Housing & Redevelopment Authority (St. Therese of Woodbury), Series 2014, RB                                                    | CUSIP: 979141AJ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $956733.70    | 0.05%             | 2029-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Mississippi (State of) Hospital Equipment & Facilities Authority                                                                                      | Mississippi (State of) Hospital Equipment & Facilities Authority, Series 2020, Ref. RB                                                                 | CUSIP: 605360TU0<br>LEI: 549300DW2GVUIGE04396 | Long             | DBT              | MUN               | US        |    725000 | PA      | $766755.07    | 0.04%             | 2034-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Philadelphia School District (The)                                                                                                                    | Philadelphia School District (The), Series 2018 A, GO Bonds                                                                                            | CUSIP: 717883UZ3<br>LEI: 254900HSKDHZKBZCUL90 | Long             | DBT              | MUN               | US        |    510000 | PA      | $552662.11    | 0.03%             | 2032-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Austin Convention Enterprises, Inc.                                                                                                                   | Austin Convention Enterprises, Inc., Series 2017, Ref. RB                                                                                              | CUSIP: 052409DQ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1223408.04   | 0.06%             | 2033-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico (Commonwealth of)                                                                                                                         | Puerto Rico (Commonwealth of), Series 2021 A1, GO Bonds                                                                                                | CUSIP: 74514L3K1<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |   6307049 | PA      | $5495584.08   | 0.29%             | 2033-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin (State of) Health & Educational Facilities Authority (Ascension Senior Credit Group)                                                        | Wisconsin (State of) Health & Educational Facilities Authority (Ascension Senior Credit Group), Series 2016 A, Ref. RB                                 | CUSIP: 97712DRA6<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2006507.80   | 0.10%             | 2036-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Greeneville (Town of), TN Health & Educational Facilities Board (Ballad Health Obligated Group)                                                       | Greeneville (Town of), TN Health & Educational Facilities Board (Ballad Health Obligated Group), Series 2018 A, Ref. RB                                | CUSIP: 396649ET8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2591360.25   | 0.13%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Philadelphia (City of), PA Authority for Industrial Development                                                                                       | Philadelphia (City of), PA Authority for Industrial Development, Series 2017, RB                                                                       | CUSIP: 71783DAZ8<br>LEI: 549300DIY68KQZEW7M79 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1049735.30   | 0.05%             | 2035-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Thruway Authority                                                                                                                      | New York State Thruway Authority, Series 2022, RB                                                                                                      | CUSIP: 650028YV9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $9697794.00   | 0.50%             | 2043-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Philadelphia (City of), PA Industrial Development Authority (Thomas Jefferson University)                                                             | Philadelphia (City of), PA Industrial Development Authority (Thomas Jefferson University), Series 2017 A, Ref. RB                                      | CUSIP: 71781XCF8<br>LEI: 549300DIY68KQZEW7M79 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3142351.20   | 0.16%             | 2035-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Viridian Municipal Management District                                                                                                                | Viridian Municipal Management District, Series 2015, Ref. GO Bonds                                                                                     | CUSIP: 92823PAU0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1005000 | PA      | $1059990.79   | 0.06%             | 2029-12-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| West Virginia Economic Development Authority                                                                                                          | West Virginia Economic Development Authority, Series 2020, RB                                                                                          | CUSIP: 95648VBF5<br>LEI: 549300WW88TKKF5H1220 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $997567.80    | 0.05%             | 2045-07-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Mississippi (State of) Hospital Equipment & Facilities Authority                                                                                      | Mississippi (State of) Hospital Equipment & Facilities Authority, Series 2020, Ref. RB                                                                 | CUSIP: 605360TV8<br>LEI: 549300DW2GVUIGE04396 | Long             | DBT              | MUN               | US        |    600000 | PA      | $629856.30    | 0.03%             | 2035-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Washington Airports Authority                                                                                                            | Metropolitan Washington Airports Authority, Series 2010, RB                                                                                            | CUSIP: 592643DQ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  13000000 | PA      | $6319404.00   | 0.33%             | 2037-10-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp. (Terminal 4 JFK International Airport)                                                                      | New York Transportation Development Corp. (Terminal 4 JFK International Airport), Series 2020, Ref. RB                                                 | CUSIP: 650116EK8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1064248.30   | 0.06%             | 2030-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey (State of) Economic Development Authority                                                                                                  | New Jersey (State of) Economic Development Authority, Series 2014 A, RB                                                                                | CUSIP: 645912DS2<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |    200000 | PA      | $201144.24    | 0.01%             | 2044-10-01      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| Peoria (City of), AZ Industrial Development Authority (Sierra Winds Life Care Community)                                                              | Peoria (City of), AZ Industrial Development Authority (Sierra Winds Life Care Community), Series 2014, Ref. RB                                         | CUSIP: 71284MBY4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2105000 | PA      | $1839209.23   | 0.10%             | 2029-11-15      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| Philadelphia (City of), PA Authority for Industrial Development                                                                                       | Philadelphia (City of), PA Authority for Industrial Development, Series 2017, RB                                                                       | CUSIP: 71783DBA2<br>LEI: 549300DIY68KQZEW7M79 | Long             | DBT              | MUN               | US        |   1310000 | PA      | $1369867.52   | 0.07%             | 2037-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois (State of) Sports Facilities Authority (The)                                                                                                 | Illinois (State of) Sports Facilities Authority (The), Series 2019, Ref. RB                                                                            | CUSIP: 452143FQ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1054911.30   | 0.05%             | 2029-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kentucky (Commonwealth of) Property & Building Commission (No. 119)                                                                                   | Kentucky (Commonwealth of) Property & Building Commission (No. 119), Series 2018, RB                                                                   | CUSIP: 49151FZB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $109871.03    | 0.01%             | 2031-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois (State of) (Rebuild Illinois Program)                                                                                                        | Illinois (State of) (Rebuild Illinois Program), Series 2019 B, GO Bonds                                                                                | CUSIP: 4521525Q0<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   4450000 | PA      | $4192038.84   | 0.22%             | 2035-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Washington (State of) Housing Finance Commission (The Hearthstone)                                                                                    | Washington (State of) Housing Finance Commission (The Hearthstone), Series 2018 A, Ref. RB                                                             | CUSIP: 939783WQ5<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |    830000 | PA      | $684975.01    | 0.04%             | 2038-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of California (Limited)                                                                                                                    | University of California (Limited), Series 2017 M, RB                                                                                                  | CUSIP: 91412GZ40<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    440000 | PA      | $465900.56    | 0.02%             | 2025-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UAB Medicine Finance Authority                                                                                                                        | UAB Medicine Finance Authority, Series 2019, RB                                                                                                        | CUSIP: 902562CX3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    550000 | PA      | $610866.25    | 0.03%             | 2031-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ohio (State of) (Portsmouth Bypass)                                                                                                                   | Ohio (State of) (Portsmouth Bypass), Series 2015, RB                                                                                                   | CUSIP: 67759YAG2<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1353399.06   | 0.07%             | 2025-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp. (Delta Air Lines, Inc. LaGuardia Airport Terminal C&D Redevelopment)                                        | New York Transportation Development Corp. (Delta Air Lines, Inc. LaGuardia Airport Terminal C&D Redevelopment), Series 2018, RB                        | CUSIP: 650116CE4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10134299.00  | 0.53%             | 2026-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Aurora Crossroads Metropolitan District No. 2                                                                                                         | Aurora Crossroads Metropolitan District No. 2, Series 2020 A, GO Bonds                                                                                 | CUSIP: 05162QAA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1480000 | PA      | $1358723.77   | 0.07%             | 2040-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania (Commonwealth of) Turnpike Commission                                                                                                    | Pennsylvania (Commonwealth of) Turnpike Commission, Second Series 2017, Ref. RB                                                                        | CUSIP: 709224ZS1<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |   4075000 | PA      | $4380878.06   | 0.23%             | 2031-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Massachusetts                                                                                                                         | Commonwealth of Massachusetts, Series 2016, GO Bonds                                                                                                   | CUSIP: 57582RLH7<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3048674.10   | 0.16%             | 2037-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| North (State of) Carolina Medical Care Commission (Lutheran Services for the Aging)                                                                   | North (State of) Carolina Medical Care Commission (Lutheran Services for the Aging), Series 2021, RB                                                   | CUSIP: 65821DYD7<br>LEI: 549300FH6KOXGCHQYG81 | Long             | DBT              | MUN               | US        |    290000 | PA      | $263064.10    | 0.01%             | 2031-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New Jersey (State of) Economic Development Authority                                                                                                  | New Jersey (State of) Economic Development Authority, Series 2015 XX, Ref. RB                                                                          | CUSIP: 64577BKJ2<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2096360.60   | 0.11%             | 2025-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago (City of), IL Midway International Airport                                                                                                    | Chicago (City of), IL Midway International Airport, Series 2013 A, Ref. RB                                                                             | CUSIP: 167562MR5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1001332.20   | 0.05%             | 2027-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Tobacco Settlement Financing Corp.                                                                                                                    | Tobacco Settlement Financing Corp., Series 2015 A, Ref. RB                                                                                             | CUSIP: 888809AY6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1375000 | PA      | $1412160.89   | 0.07%             | 2026-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles (City of), CA Department of Airports (Los Angeles International Airport)                                                                  | Los Angeles (City of), CA Department of Airports (Los Angeles International Airport), Series 2018 D, Ref. RB                                           | CUSIP: 544445GP8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3237767.40   | 0.17%             | 2031-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington (State of) Housing Finance Commission (Bayview Manor Homes)                                                                                | Washington (State of) Housing Finance Commission (Bayview Manor Homes), Series 2016 A, Ref. RB                                                         | CUSIP: 939783TA4<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |   1350000 | PA      | $1269039.29   | 0.07%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Counties Tobacco Trust VI                                                                                                                    | New York Counties Tobacco Trust VI, Series 2016 B, Ref. RB                                                                                             | CUSIP: 64945JAU6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    270000 | PA      | $277801.79    | 0.01%             | 2030-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Clifton Higher Education Finance Corp. (Idea Public School)                                                                                           | Clifton Higher Education Finance Corp. (Idea Public School), Series 2022 A, RB                                                                         | CUSIP: 187145NW3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    555000 | PA      | $550751.92    | 0.03%             | 2034-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Louisville (City of) & Jefferson (County of), KY Metropolitan Government (Norton Healthcare, Inc.)                                                    | Louisville (City of) & Jefferson (County of), KY Metropolitan Government (Norton Healthcare, Inc.), Series 2016 A, Ref. RB                             | CUSIP: 54659LBR4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2450000 | PA      | $2541089.78   | 0.13%             | 2033-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Francisco (City & County of), CA Airport Commission (San Francisco International Airport)                                                         | San Francisco (City & County of), CA Airport Commission (San Francisco International Airport), Series 2019 D, Ref. RB                                  | CUSIP: 79766DMM8<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |   1800000 | PA      | $2024712.54   | 0.11%             | 2030-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York (State of) Dormitory Authority                                                                                                               | New York (State of) Dormitory Authority, Series 2015 B, RB                                                                                             | CUSIP: 64990FTQ7<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   2055000 | PA      | $2146191.04   | 0.11%             | 2032-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey (State of) Economic Development Authority (Provident Group - Rowan Properties LLC - Rowan University Student Housing)                      | New Jersey (State of) Economic Development Authority (Provident Group - Rowan Properties LLC - Rowan University Student Housing), Series 2015 A, RB    | CUSIP: 64577BHU1<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |    250000 | PA      | $241648.93    | 0.01%             | 2030-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey (State of) Economic Development Authority (The Goethals Bridge Replacement)                                                                | New Jersey (State of) Economic Development Authority (The Goethals Bridge Replacement), Series 2013, RB                                                | CUSIP: 645918Z89<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1003995.90   | 0.05%             | 2028-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp. (Terminal 4 JFK International Airport)                                                                      | New York Transportation Development Corp. (Terminal 4 JFK International Airport), Series 2020, Ref. RB                                                 | CUSIP: 650116EN2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1600000 | PA      | $1685635.36   | 0.09%             | 2033-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Missouri (State of) Health & Educational Facilities Authority (Lutheran Senior Services)                                                              | Missouri (State of) Health & Educational Facilities Authority (Lutheran Senior Services), Series 2016 B, Ref. RB                                       | CUSIP: 60635H2A6<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1002831.40   | 0.05%             | 2032-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Northern Indiana Commuter Transportation District                                                                                                     | Northern Indiana Commuter Transportation District, Series 2016, RB                                                                                     | CUSIP: 66528PAS7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1800000 | PA      | $1924391.16   | 0.10%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pima (County of), AZ Industrial Development Authority (Excalibur Charter School (The))                                                                | Pima (County of), AZ Industrial Development Authority (Excalibur Charter School (The)), Series 2016, Ref. RB                                           | CUSIP: 72177MRJ8<br>LEI: 549300QDTQ25545R4K19 | Long             | DBT              | MUN               | US        |     35000 | PA      | $34867.44     | 0.00%             | 2026-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia (Provident Group - Howard Properties LLC)                                                                                        | District of Columbia (Provident Group - Howard Properties LLC), Series 2013, RB                                                                        | CUSIP: 25483WAH5<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |   2550000 | PA      | $2550058.14   | 0.13%             | 2030-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Iowa (State of) Finance Authority (Mercy Medical Center)                                                                                              | Iowa (State of) Finance Authority (Mercy Medical Center), Series 2012, RB                                                                              | CUSIP: 462466EE9<br>LEI: 549300NQVL49BTHOW391 | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1201638.84   | 0.06%             | 2023-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Tarrant County Cultural Education Facilities Finance Corp. (MRC Stevenson Oaks)                                                                       | Tarrant County Cultural Education Facilities Finance Corp. (MRC Stevenson Oaks), Series 2020, Ref. RB                                                  | CUSIP: 87638RKJ5<br>LEI: 549300ROY505NVTMMI25 | Long             | DBT              | MUN               | US        |   3100000 | PA      | $2940622.80   | 0.15%             | 2027-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Indio (City of), CA Community Facilities District No. 2004-3 (Improvement Area No. 1)                                                                 | Indio (City of), CA Community Facilities District No. 2004-3 (Improvement Area No. 1), Series 2015, Ref. RB                                            | CUSIP: 455697DL3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    910000 | PA      | $933666.10    | 0.05%             | 2035-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Cape Girardeau (County of), MO Industrial Development Authority (South Eastern Health)                                                                | Cape Girardeau (County of), MO Industrial Development Authority (South Eastern Health), Series 2017 A, Ref. RB                                         | CUSIP: 139404GT8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3062997.60   | 0.16%             | 2036-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Oklahoma (State of) Development Finance Authority (OU Medicine)                                                                                       | Oklahoma (State of) Development Finance Authority (OU Medicine), Series 2018 B, RB                                                                     | CUSIP: 67884XCE5<br>LEI: 549300PXGPHUWC32DJ91 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $956429.10    | 0.05%             | 2033-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wichita (City of), KS (Kansas Masonic Home)                                                                                                           | Wichita (City of), KS (Kansas Masonic Home), Series 2016 II-A, RB                                                                                      | CUSIP: 967249PY3<br>LEI: 549300Y20JVN3VP2V718 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $600000.00    | 0.03%             | 2036-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Massachusetts (Commonwealth of) Development Finance Agency (Suffolk University)                                                                       | Massachusetts (Commonwealth of) Development Finance Agency (Suffolk University), Series 2017, Ref. RB                                                  | CUSIP: 57584XM57<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1036408.40   | 0.05%             | 2034-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico (Commonwealth of)                                                                                                                         | Puerto Rico (Commonwealth of), Series 2021 A1, GO Bonds                                                                                                | CUSIP: 74514L3P0<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |   1425779 | PA      | $1101197.70   | 0.06%             | 2046-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Illinois (State of) Finance Authority (CITGO Petroleum Corp.)                                                                                         | Illinois (State of) Finance Authority (CITGO Petroleum Corp.), Series 2002, RB                                                                         | CUSIP: 451916AH3<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    710000 | PA      | $710605.77    | 0.04%             | 2032-06-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| New Hope Cultural Education Facilities Finance Corp. (Longhorn Village)                                                                               | New Hope Cultural Education Facilities Finance Corp. (Longhorn Village), Series 2017, Ref. RB                                                          | CUSIP: 64542UDQ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1205000 | PA      | $1203075.62   | 0.06%             | 2029-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maryland (State of) Department of Transportation                                                                                                      | Maryland (State of) Department of Transportation, Series 2012, RB                                                                                      | CUSIP: 574203MN2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $98551.71     | 0.01%             | 2025-10-01      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| North Carolina (State of) Department of Transportation (I-77 HOT Lanes)                                                                               | North Carolina (State of) Department of Transportation (I-77 HOT Lanes), Series 2015, RB                                                               | CUSIP: 65820FAE7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1405000 | PA      | $1433959.16   | 0.07%             | 2030-06-30      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Alachua (County of), FL Health Facilities Authority (Shands Teaching Hospital & Clinics)                                                              | Alachua (County of), FL Health Facilities Authority (Shands Teaching Hospital & Clinics), Series 2014 A, RB                                            | CUSIP: 010685KF1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5030172.00   | 0.26%             | 2044-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp.                                                                                                             | New York Transportation Development Corp., Series 2020 A, Ref. RB                                                                                      | CUSIP: 650116DM5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1293720.75   | 0.07%             | 2032-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| St. Charles (County of), MO Industrial Development Authority (Suemandy/Mid-Rivers Community Improvement District)                                     | St. Charles (County of), MO Industrial Development Authority (Suemandy/Mid-Rivers Community Improvement District), Series 2016, RB                     | CUSIP: 78764LAC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $227873.43    | 0.01%             | 2028-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico (Commonwealth of)                                                                                                                         | Puerto Rico (Commonwealth of), Series 2021 A, GO Bonds                                                                                                 | CUSIP: 74514L3Q8<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |    462024 | PA      | $424575.98    | 0.02%             | 2024-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Alabama (State of) Port Authority                                                                                                                     | Alabama (State of) Port Authority, Series 2017 A, Ref. RB                                                                                              | CUSIP: 010604CF1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3716401.85   | 0.19%             | 2033-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Regional Transportation Authority                                                                                                                     | Regional Transportation Authority, Series 2018, RB                                                                                                     | CUSIP: 7599113W8<br>LEI: 549300FOIPI62F5YFO59 | Long             | DBT              | MUN               | US        |   3800000 | PA      | $4185829.58   | 0.22%             | 2031-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Cape Girardeau (County of), MO Industrial Development Authority (South Eastern Health)                                                                | Cape Girardeau (County of), MO Industrial Development Authority (South Eastern Health), Series 2017, Ref. RB                                           | CUSIP: 139404GP6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $103778.81    | 0.01%             | 2029-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maryland (State of) Health & Higher Educational Facilities Authority (Stevenson University)                                                           | Maryland (State of) Health & Higher Educational Facilities Authority (Stevenson University), Series 2021, Ref. RB                                      | CUSIP: 57421CBW3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $371862.23    | 0.02%             | 2030-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago (City of), IL                                                                                                                                 | Chicago (City of), IL, Series 2019 A, GO Bonds                                                                                                         | CUSIP: 167486D71<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3103092.60   | 0.16%             | 2035-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| New Hanover (County of), NC (New Hanover Regional Medical Center)                                                                                     | New Hanover (County of), NC (New Hanover Regional Medical Center), Series 2017, Ref. RB                                                                | CUSIP: 644804FF8<br>LEI: 549300TDDH9O6TH23823 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1105356.40   | 0.06%             | 2034-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico (Commonwealth of)                                                                                                                         | Puerto Rico (Commonwealth of), Series 2021 A1, GO Bonds                                                                                                | CUSIP: 74514L3J4<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |   6378362 | PA      | $6551763.51   | 0.34%             | 2031-07-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Santa Fe (City of), NM (El Castillo Retirement)                                                                                                       | Santa Fe (City of), NM (El Castillo Retirement), Series 2019 A, RB                                                                                     | CUSIP: 802170AM2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    725000 | PA      | $675207.87    | 0.04%             | 2034-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2022-12-30

**Name of Applicant:** AIM Tax-Exempt Funds (Invesco Tax-Exempt Funds)

**Signature:** Sheri Morris

**Name of Signer:** Sheri Morris

**Title:** President