# EDGAR Filing Document

**Accession Number:** 0001418144
**File Stem:** 0001418144-26-000305
**Filing Date:** 2026-6
**Character Count:** 79061
**Document Hash:** 4bd3610f390379df87a17e29e3d0eb5a
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001418144-26-000305.hdr.sgml**: 20260629

**ACCESSION NUMBER**: 0001418144-26-000305

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20260430

**FILED AS OF DATE**: 20260629

**DATE AS OF CHANGE**: 20260629

**PERIOD START**: 20261031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** INVESCO ACTIVELY MANAGED EXCHANGE-TRADED FUND TRUST
- **CENTRAL INDEX KEY:** 0001418144

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22148
- **FILM NUMBER:** 261131597

**BUSINESS ADDRESS:**
- **STREET 1:** 3500 LACEY ROAD
- **STREET 2:** SUITE 700
- **CITY:** DOWNERS GROVE
- **STATE:** IL
- **ZIP:** 60515
- **BUSINESS PHONE:** 800-983-0903

**MAIL ADDRESS:**
- **STREET 1:** 3500 LACEY ROAD
- **STREET 2:** SUITE 700
- **CITY:** DOWNERS GROVE
- **STATE:** IL
- **ZIP:** 60515

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Powershares Actively Managed Exchange-Traded Fund Trust
- **DATE OF NAME CHANGE:** 20071109

## Series and Classes Contracts Data

### Invesco Rochester High Yield Municipal ETF (Series ID: S000078943)

| Class ID   | Class Name                                 | Ticker Symbol   |
|:---|:---|:---|
| C000239745 | Invesco Rochester High Yield Municipal ETF | IROC            |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Invesco Actively Managed Exchange-Traded Fund Trust

- **b. Investment Company Act file number:** 811-22148

- **c. CIK number of Registrant:** 0001418144

- **d. LEI of Registrant:** 549300S7YWBLZ3UGI217

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

  - **Street Address 1:** 3500 Lacey Road

  - **City:** Downers Grove

  - **State:** IL

  - **Foreign country:** US

  - **Zip / Postal Code:** 60515

  - **Telephone number:** 800-983-0903

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

- **a. Name of Series:** Invesco Rochester High Yield Municipal ETF

- **b. EDGAR series identifier (if any):** S000078943

- **c. LEI of Series:** 5493006RURMGCZH0OI34

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

- **a. Date of fiscal year-end:** 2026-10-31

- **b. Date as of which information is reported:** 2026-04-30

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $115772531.43

**Total Liabilities:** $1577365.63

**Net Assets:** $114195165.80

**Cash Not Reported:** $3111268.35

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -169.71065810 | **1-Year:** -1326.27389298 | **5-Year:** -5866.84464339 | **10-Year:** -14028.37230861 | **30-Year:** -6834.92944837

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

- **3-Month:** -187.07412423 | **1-Year:** -2563.53872846 | **5-Year:** -9734.29141771 | **10-Year:** -20649.39378540 | **30-Year:** -8292.42648649

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000239745 | 1.52%                | -1.58%               | 1.25%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $0.00                    | $1224955.17                                |
| Month 2  | $0.00                    | $-2255432.61                               |
| Month 3  | $-83983.78               | $950913.72                                 |

**Designated Index Information**

- **Index Name:** Securities Portfolio

- **Index Identifier:** N/A

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Kalamazoo Economic Development Corp.                                                                                   | Kalamazoo Economic Development Corp., Series 2026, RB                                                                                   | CUSIP: 483228EF5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1315000 | PA      | $1354936.94   | 1.19%             | 2046-08-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| New Hope Cultural Education Facilities Finance Corp.                                                                   | New Hope Cultural Education Facilities Finance Corp., Series 2025 A, RB                                                                 | CUSIP: 64542UHG2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1375000 | PA      | $1411667.95   | 1.24%             | 2060-10-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Regents of the University of California Medical Center                                                                 | Regents of the University of California Medical Center, Series 2016 L, Ref. RB                                                          | CUSIP: 913366HL7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    775000 | PA      | $775714.63    | 0.68%             | 2026-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                                                               | New Hampshire Business Finance Authority, Series 2026, RB                                                                               | CUSIP: 63608TBF6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $1411411.60   | 1.24%             | 2040-12-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Downtown Daybreak Public Infrastructure District No 1                                                                  | Downtown Daybreak Public Infrastructure District No 1, Series 2026, RB                                                                  | CUSIP: 26114MAB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $762846.60    | 0.67%             | 2046-03-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| N/A                                                                                                                    | BL Train Holdings West LLC, Wrts. 2035-11-26                                                                                            | CUSIP: 05594N118<br>LEI: N/A                  | N/A              | DE               |  | N/A       |      3000 | NS      | $5250.00      | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| New York Transportation Development Corp. (Terminal 4 JFK International Airport) (Green Bonds)                         | New York Transportation Development Corp. (Terminal 4 JFK International Airport) (Green Bonds), Series 2024, Ref. RB                    | CUSIP: 650116HW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1011441.10   | 0.89%             | 2060-12-31      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Lower Alabama Gas District (The)                                                                                       | Lower Alabama Gas District (The), Series 2016 A, RB                                                                                     | CUSIP: 547804AE4<br>LEI: 549300YTI1NTDG2OVU42 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1550839.20   | 1.36%             | 2046-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Capital Projects Finance Authority (Millenia Orlando)                                                                  | Capital Projects Finance Authority (Millenia Orlando), Series 2025 A, RB                                                                | CUSIP: 14043HAC6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $525412.05    | 0.46%             | 2045-01-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority (Milo Farms Project)                                                                          | Public Finance Authority (Milo Farms Project), Series 2025, RB                                                                          | CUSIP: 74442PP25<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    750000 | PA      | $274182.68    | 0.24%             | 2039-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                                                               | Public Finance Authority, Series 2025, RB                                                                                               | CUSIP: 74448UAD0<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    500000 | PA      | $511671.35    | 0.45%             | 2065-12-31      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Wisconsin (State of) Public Finance Authority (KU Campus Development Corp. -Central District Development)              | Wisconsin (State of) Public Finance Authority (KU Campus Development Corp. -Central District Development), Series 2016, RB              | CUSIP: 74444YAV6<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    725000 | PA      | $725414.41    | 0.64%             | 2026-05-12      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kentucky Public Energy Authority                                                                                       | Kentucky Public Energy Authority, Series 2025 B, RB                                                                                     | CUSIP: 74440DFQ2<br>LEI: 549300XEJZWHYSY4SL55 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1020291.10   | 0.89%             | 2033-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Columbus Medical Center Hospital Authority                                                                             | Columbus Medical Center Hospital Authority, Series 2019, RB                                                                             | CUSIP: 199124BQ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2003315.40   | 1.75%             | 2026-07-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Cleveland-Cuyahoga County Port Authority                                                                               | Cleveland-Cuyahoga County Port Authority, Series 2017, RB                                                                               | CUSIP: 186103KK2<br>LEI: 549300KI3FXFLUKF3A98 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1028017.90   | 0.90%             | 2048-11-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Indiana (State of) Finance Authority (U.S. Steel Corp.)                                                                | Indiana (State of) Finance Authority (U.S. Steel Corp.), Series 2021 A, Ref. RB                                                         | CUSIP: 455054BE5<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |    500000 | PA      | $501176.60    | 0.44%             | 2026-12-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                                                                         | Black Belt Energy Gas District, Series 2025 C, RB                                                                                       | CUSIP: 09182TGL5<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1059653.50   | 0.93%             | 2034-08-01      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| Charlotte (County of), FL Industrial Development Authority (Town & Country Utilities)                                  | Charlotte (County of), FL Industrial Development Authority (Town & Country Utilities), Series 2025, RB                                  | CUSIP: 16080TAL9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $516495.70    | 0.45%             | 2055-10-01      | Fixed         | 6.12%                 | 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        |    400000 | PA      | $400986.88    | 0.35%             | 2031-10-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Capital Trust Agency, Inc. (University Bridge LLC Student Housing)                                                     | Capital Trust Agency, Inc. (University Bridge LLC Student Housing), Series 2018 A, RB                                                   | CUSIP: 140536AD5<br>LEI: 549300F49UWS7X0OGQ59 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $934737.90    | 0.82%             | 2058-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Capital Trust Authority                                                                                                | Capital Trust Authority, Series 2026, RB                                                                                                | CUSIP: 14055AAG7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $749185.95    | 0.66%             | 2055-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs-Economic Development Authority                                                                     | South Carolina Jobs-Economic Development Authority, Series 2025, RB                                                                     | CUSIP: 837031J61<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1012857.10   | 0.89%             | 2051-04-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Black Desert Public Infrastructure District                                                                            | Black Desert Public Infrastructure District, Series 2021 A, GO Bonds                                                                    | CUSIP: 09204PAA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $478897.90    | 0.42%             | 2031-03-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Maryland Economic Development Corp. (Purple Line) (Green Bonds)                                                        | Maryland Economic Development Corp. (Purple Line) (Green Bonds), Series 2022 A, RB                                                      | CUSIP: 57422JBH0<br>LEI: 549300JJ16DDBSZWSN94 | Long             | DBT              | MUN               | US        |    500000 | PA      | $501504.60    | 0.44%             | 2028-11-12      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Iowa (State of) Finance Authority (Alcoa, Inc.)                                                                        | Iowa (State of) Finance Authority (Alcoa, Inc.), Series 2012, RB                                                                        | CUSIP: 46246SAE5<br>LEI: 549300NQVL49BTHOW391 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000197.50   | 0.88%             | 2042-08-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Build NYC Resource Corp.                                                                                               | Build NYC Resource Corp., Series 2025, RB                                                                                               | CUSIP: 12008EWU6<br>LEI: 549300GROJFKMNLWEK84 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $996514.00    | 0.87%             | 2045-10-15      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Montgomery (County of), PA Industrial Development Authority (Constellation Energy Generation, LLC)                     | Montgomery (County of), PA Industrial Development Authority (Constellation Energy Generation, LLC), Series 2023 B, Ref. RB              | CUSIP: 61361TAB7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $412469.68    | 0.36%             | 2029-06-01      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| Clackamas (County of), OR Hospital Facility Authority (Rose Villa)                                                     | Clackamas (County of), OR Hospital Facility Authority (Rose Villa), Series 2020 A, Ref. RB                                              | CUSIP: 179027YM3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $981297.20    | 0.86%             | 2050-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority (KSU Bixby Real Estate Foundation LLC)                                                        | Public Finance Authority (KSU Bixby Real Estate Foundation LLC), Series 2025, RB                                                        | CUSIP: 74439YFV8<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    500000 | PA      | $497786.70    | 0.44%             | 2055-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Pottsville Hospital Authority/PA                                                                                       | Pottsville Hospital Authority/PA, Series 2016, Ref. RB                                                                                  | CUSIP: 738435CT1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    325000 | PA      | $326264.71    | 0.29%             | 2045-07-01      | 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 2023 B-3, RB                                    | CUSIP: 92774NBF6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1005542.40   | 0.88%             | 2029-09-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Puerto Rico (Commonwealth of) Aqueduct & Sewer Authority                                                               | Puerto Rico (Commonwealth of) Aqueduct & Sewer Authority, Series 2022 A, Ref. RB                                                        | CUSIP: 745160UA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $511692.90    | 0.45%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                                                                         | Black Belt Energy Gas District, Series 2025 B, RB                                                                                       | CUSIP: 09182TEW3<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1003609.10   | 0.88%             | 2035-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Columbus-Franklin County Finance Authority                                                                             | Columbus-Franklin County Finance Authority, Series 2025, RB                                                                             | CUSIP: 19910XAR7<br>LEI: 549300NX3ODQN2ETOO82 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1016840.00   | 0.89%             | 2046-01-01      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp. (Mater Academy)                                                                      | Florida Development Finance Corp. (Mater Academy), Series 2022 A, RB                                                                    | CUSIP: 34061UKQ0<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |   1050000 | PA      | $969883.64    | 0.85%             | 2056-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Portland (Port of), OR (Green Bonds)                                                                                   | Portland (Port of), OR (Green Bonds), Twenty Ninth Series 2023, RB                                                                      | CUSIP: 7352403D3<br>LEI: 549300BRH7XZ3ZK0DS46 | Long             | DBT              | MUN               | US        |    700000 | PA      | $765455.25    | 0.67%             | 2039-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                                                               | Public Finance Authority, Series 2025 A, RB                                                                                             | CUSIP: 74443DMJ7<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1019418.20   | 0.89%             | 2045-07-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Allentown (City of), PA Neighborhood Improvement Zone Development Authority                                            | Allentown (City of), PA Neighborhood Improvement Zone Development Authority, Series 2022, Ref. RB                                       | CUSIP: 018444BV0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    525000 | PA      | $567158.97    | 0.50%             | 2033-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Marion (City of), IL (Star Bond District Project Area No. 1)                                                           | Marion (City of), IL (Star Bond District Project Area No. 1), Series 2025, RB                                                           | CUSIP: 569498AA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $253876.70    | 0.22%             | 2045-06-01      | Fixed         | 6.38%                 | 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 2021, Ref. RB         | CUSIP: 650116EZ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $479770.70    | 0.42%             | 2031-08-01      | Fixed         | 3.00%                 | 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        |    250000 | PA      | $252568.65    | 0.22%             | 2033-12-31      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Mobile (County of), AL Industrial Development Authority (AM/NS Calvert LLC)                                            | Mobile (County of), AL Industrial Development Authority (AM/NS Calvert LLC), Series 2024, RB                                            | CUSIP: 60733UAA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $970735.30    | 0.85%             | 2054-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Carolina (State of) Jobs-Economic Development Authority (Beaufort Memorial Hospital & South of Broad Healthcare) | South Carolina (State of) Jobs-Economic Development Authority (Beaufort Memorial Hospital & South of Broad Healthcare), Series 2024, RB | CUSIP: 83704HAM9<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1515266.25   | 1.33%             | 2054-11-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                                                               | Public Finance Authority, Series 2025, RB                                                                                               | CUSIP: 74448UAB4<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1025520.60   | 0.90%             | 2060-06-30      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                                                             | Illinois Finance Authority, Series 2019, Ref. RB                                                                                        | CUSIP: 45204E7E2<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1462636.20   | 1.28%             | 2040-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico (Commonwealth of)                                                                                          | Puerto Rico (Commonwealth of), Series 2021 A-1, GO Bonds                                                                                | CUSIP: 74514L3K1<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |    500000 | PA      | $499711.30    | 0.44%             | 2033-07-01      | Fixed         | 4.00%                 | 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: 15200XAF0<br>LEI: 549300SHE5ZPSMGZH793 | Long             | DBT              | MUN               | US        |    500000 | PA      | $500203.30    | 0.44%             | 2037-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Statewide Communities Development Authority                                                                 | California Statewide Communities Development Authority, Series 2015 A, Ref. RB                                                          | CUSIP: 13080SJM7<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |    580000 | PA      | $580142.10    | 0.51%             | 2045-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp. (Brightline Florida Passenger Rail Expansion)                                        | Florida Development Finance Corp. (Brightline Florida Passenger Rail Expansion), Series 2024, Ref. RB                                   | CUSIP: 340618DT1<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |    500000 | PA      | $352500.00    | 0.31%             | 2053-07-01      | Fixed         | 5.50%                 | 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        |    500000 | PA      | $500297.30    | 0.44%             | 2026-10-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts (Commonwealth of) Development Finance Agency (Emerson College)                                           | Massachusetts (Commonwealth of) Development Finance Agency (Emerson College), Series 2016 A, RB                                         | CUSIP: 57584XD57<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1500067.20   | 1.31%             | 2047-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Westchester County Local Development Corp.                                                                             | Westchester County Local Development Corp., Series 2026, RB                                                                             | CUSIP: 95737TGC4<br>LEI: 549300KOSU8OC75V9238 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1023379.40   | 0.90%             | 2065-12-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Norfolk (City of), VA Redevelopment & Housing Authority (Fort Norfolk Retirement Community, Inc. - Harbor's Edge)      | Norfolk (City of), VA Redevelopment & Housing Authority (Fort Norfolk Retirement Community, Inc. - Harbor's Edge), Series 2019 A, RB    | CUSIP: 655909CK3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $506333.20    | 0.44%             | 2034-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tuscarawas (County of), OH Economic Development and Finance Alliance (Ashland University)                              | Tuscarawas (County of), OH Economic Development and Finance Alliance (Ashland University), Series 2015, Ref. RB                         | CUSIP: 90069GAB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $998924.40    | 0.87%             | 2045-03-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Cumberland County Municipal Authority                                                                                  | Cumberland County Municipal Authority, Series 2026, Ref. RB                                                                             | CUSIP: 230614TZ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1012396.60   | 0.89%             | 2051-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Houston (City of), TX (United Airlines, Inc.)                                                                          | Houston (City of), TX (United Airlines, Inc.), Series 2024 B, RB                                                                        | CUSIP: 442349HY5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $532893.60    | 0.47%             | 2038-07-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| California (State of) Public Finance Authority (California University of Science and Medicine)                         | California (State of) Public Finance Authority (California University of Science and Medicine), Series 2019 A, RB                       | CUSIP: 13057EDH4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $515840.45    | 0.45%             | 2054-07-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Ulster County Capital Resource Corp.                                                                                   | Ulster County Capital Resource Corp., Series 2025, RB                                                                                   | CUSIP: 903768AH2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1002260.20   | 0.88%             | 2059-09-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Southern California Tobacco Securitization Authority (San Diego County Asset Securitization Corp.)                     | Southern California Tobacco Securitization Authority (San Diego County Asset Securitization Corp.), Series 2019, Ref. RB                | CUSIP: 888804CT6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1477362.00   | 1.29%             | 2048-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois (State of) Finance Authority (Rosalind Franklin University)                                                   | Illinois (State of) Finance Authority (Rosalind Franklin University), Series 2017, Ref. RB                                              | CUSIP: 45204EVF2<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   1350000 | PA      | $1304876.66   | 1.14%             | 2047-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                                                               | Public Finance Authority, Series 2026, RB                                                                                               | CUSIP: 74442PV28<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1016488.90   | 0.89%             | 2031-01-01      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| Lee (County of), FL Industrial Development Authority (Shell Point Obligated Group)                                     | Lee (County of), FL Industrial Development Authority (Shell Point Obligated Group), Series 2024 B-3, RB                                 | CUSIP: 52349EET3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $200212.12    | 0.18%             | 2029-11-15      | Fixed         | 4.12%                 | 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: 49126PEN6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $500178.65    | 0.44%             | 2035-07-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Greater Orlando Aviation Authority                                                                                     | Greater Orlando Aviation Authority, Series 2025, RB                                                                                     | CUSIP: 39227AAA0<br>LEI: 549300CP6PUG5S184F61 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1060354.60   | 0.93%             | 2034-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Kentucky Economic Development Finance Authority                                                                        | Kentucky Economic Development Finance Authority, Series 2021, Ref. RB                                                                   | CUSIP: 49126TBB7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1398148.95   | 1.22%             | 2040-07-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Chicago (City of), IL Board of Education                                                                               | Chicago (City of), IL Board of Education, Series 2012 B, Ref. GO Bonds                                                                  | CUSIP: 167505PT7<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |    500000 | PA      | $499529.80    | 0.44%             | 2033-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ward (County of), ND (Trinity Obligated Group)                                                                         | Ward (County of), ND (Trinity Obligated Group), Series 2017 C, RB                                                                       | CUSIP: 934023ES7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    410000 | PA      | $405490.45    | 0.36%             | 2034-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Ohio                                                                                                          | State of Ohio, Series 2025, Ref. VRD RB                                                                                                 | CUSIP: 67756CGY8<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2000000.00   | 1.75%             | 2050-01-15      | Variable      | 3.45%                 | No            |                  2 | On Loan: No      |
| Ohio (State of) Housing Finance Agency (Haven's Edge Apartments)                                                       | Ohio (State of) Housing Finance Agency (Haven's Edge Apartments), Series 2025, RB                                                       | CUSIP: 676900XN8<br>LEI: 549300K10X7VPG6JVX38 | Long             | DBT              | MUN               | US        |    500000 | PA      | $525836.35    | 0.46%             | 2043-08-01      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| Village Community Development District No 16                                                                           | Village Community Development District No 16, Series 2025, RB                                                                           | CUSIP: 92708MAD5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1010413.70   | 0.88%             | 2045-05-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp. (Delta Air Lines, Inc. LaGuardia Airport Terminals C&D Redevelopment)        | New York Transportation Development Corp. (Delta Air Lines, Inc. LaGuardia Airport Terminals C&D Redevelopment), Series 2020, RB        | CUSIP: 650116DA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $961362.10    | 0.84%             | 2045-10-01      | Fixed         | 4.38%                 | 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 2022, Ref. RB                               | CUSIP: 72177MUN5<br>LEI: 549300QDTQ25545R4K19 | Long             | DBT              | MUN               | US        |    500000 | PA      | $489294.05    | 0.43%             | 2031-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California (State of) Pollution Control Financing Authority (Poseidon Resources L.P.)                                  | California (State of) Pollution Control Financing Authority (Poseidon Resources L.P.), Series 2023, RB                                  | CUSIP: 13054WBD8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $533622.35    | 0.47%             | 2038-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Garden City KS                                                                                                 | City of Garden City KS, Series 2025, RB                                                                                                 | CUSIP: 36508AAC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $507286.70    | 0.44%             | 2039-06-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Tobacco Settlement Financing Corp.                                                                                     | Tobacco Settlement Financing Corp., Series 2015 B, Ref. RB                                                                              | CUSIP: 888809BG4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $996944.30    | 0.87%             | 2050-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Mobile AL                                                                                                    | County of Mobile AL, Series 2026, RB                                                                                                    | CUSIP: 607341AH7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1245000 | PA      | $1191381.59   | 1.04%             | 2050-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan Strategic Fund                                                                                                | Michigan Strategic Fund, Series 2018, RB                                                                                                | CUSIP: 594698QT2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1008492.70   | 0.88%             | 2043-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tempe Industrial Development Authority                                                                                 | Tempe Industrial Development Authority, Series 2025, RB                                                                                 | CUSIP: 87972MBY7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1026307.00   | 0.90%             | 2046-12-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Lake (County of), FL (Lakeside at Waterman Village)                                                                    | Lake (County of), FL (Lakeside at Waterman Village), Series 2020 A, Ref. RB                                                             | CUSIP: 50826FAD5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1455803.85   | 1.27%             | 2055-08-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| California Infrastructure & Economic Development Bank                                                                  | California Infrastructure & Economic Development Bank, Series 2025 B, Ref. RB                                                           | CUSIP: 13034A7E4<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |    365000 | PA      | $211700.00    | 0.19%             | 2026-11-02      | Variable      | 12.00%                | 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: 74442PFS9<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    120000 | PA      | $121226.76    | 0.11%             | 2027-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Mission Economic Development Corp. (Green Bonds)                                                                       | Mission Economic Development Corp. (Green Bonds), Series 2025, RB                                                                       | CUSIP: 605155BW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $260450.50    | 0.23%             | 2030-06-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| New Mexico (State of) Hospital Equipment Loan Council (Presbyterian Healthcare)                                        | New Mexico (State of) Hospital Equipment Loan Council (Presbyterian Healthcare), Series 2008, VRD Ref. RB                               | CUSIP: 647370EK7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4000000.00   | 3.50%             | 2034-08-01      | Variable      | 3.35%                 | No            |                  2 | On Loan: No      |
| Arizona Industrial Development Authority                                                                               | Arizona Industrial Development Authority, Series 2025, RB                                                                               | CUSIP: 04052BTS3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $515359.30    | 0.45%             | 2035-07-01      | Variable      | 4.88%                 | No            |                  2 | On Loan: No      |
| County of Okaloosa FL                                                                                                  | County of Okaloosa FL, Series 2025, RB                                                                                                  | CUSIP: 678226AB7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1031320.70   | 0.90%             | 2045-05-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Chicago (City of), IL Board of Education                                                                               | Chicago (City of), IL Board of Education, Series 2015 C, GO Bonds                                                                       | CUSIP: 167505QP4<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |    340000 | PA      | $338882.90    | 0.30%             | 2035-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Massachusetts (Commonwealth of) Development Finance Agency (Lasell Village, Inc.)                                      | Massachusetts (Commonwealth of) Development Finance Agency (Lasell Village, Inc.), Series 2025, RB                                      | CUSIP: 57585BJU3<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |    500000 | PA      | $504246.95    | 0.44%             | 2055-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Bucks County Industrial Development Authority                                                                          | Bucks County Industrial Development Authority, Series 2021, RB                                                                          | CUSIP: 11861MBN5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1489133.85   | 1.30%             | 2054-07-01      | Fixed         | 5.00%                 | 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        |    500000 | PA      | $536049.15    | 0.47%             | 2032-12-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                                                                    | Wisconsin Health & Educational Facilities Authority, Series 2025 A, Ref. RB                                                             | CUSIP: 97671VCW3<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1005482.60   | 0.88%             | 2045-11-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| City of Henderson KY                                                                                                   | City of Henderson KY, Series 2022, RB                                                                                                   | CUSIP: 425099AA6<br>LEI: 549300UJ32J1O26W1T80 | Long             | DBT              | MUN               | US        |   1220000 | PA      | $1204243.21   | 1.05%             | 2042-01-01      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                                                      | State of Illinois, Series 2025 E, GO Bonds                                                                                              | CUSIP: 452153PP8<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1046536.40   | 0.92%             | 2045-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Phoenix (City of), AZ Industrial Development Authority (The) (Great Hearts Academies)                                  | Phoenix (City of), AZ Industrial Development Authority (The) (Great Hearts Academies), Series 2016 A, Ref. RB                           | CUSIP: 71885FEK9<br>LEI: 549300A62PWFBDWB8332 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000169.00   | 0.88%             | 2041-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Missouri (State of) Health & Educational Facilities Authority (Missouri Baptist University)                            | Missouri (State of) Health & Educational Facilities Authority (Missouri Baptist University), Series 2025, Ref. RB                       | CUSIP: 60636AXT5<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |    215000 | PA      | $216534.33    | 0.19%             | 2035-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp. (Brightline Florida Passenger Rail Expansion)                                        | Florida Development Finance Corp. (Brightline Florida Passenger Rail Expansion), Series 2024, Ref. RB                                   | CUSIP: 340618DK0<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |    250000 | PA      | $70000.00     | 0.06%             | 2028-07-15      | Variable      | 12.00%                | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp. (John F. Kennedy International Airport) (Green Bonds)                        | New York Transportation Development Corp. (John F. Kennedy International Airport) (Green Bonds), Series 2025, RB                        | CUSIP: 650116JP2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1058755.20   | 0.93%             | 2055-06-30      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Colorado State University Research Foundation                                                                          | Colorado State University Research Foundation, Series 2025 A, RB                                                                        | CUSIP: 22945UAD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $987986.30    | 0.87%             | 2055-03-01      | Fixed         | 5.38%                 | 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, Ref. RB                           | CUSIP: 97712D4C7<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |    500000 | PA      | $469749.80    | 0.41%             | 2046-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California (State of) School Finance Authority (Classical Academies Oceanside)                                         | California (State of) School Finance Authority (Classical Academies Oceanside), Series 2020 A, RB                                       | CUSIP: 13058TKA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $945161.70    | 0.83%             | 2050-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Mida Cormont Public Infrastructure District                                                                            | Mida Cormont Public Infrastructure District, Series 2025 A-1, GO Bonds                                                                  | CUSIP: 59561JAA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $262793.13    | 0.23%             | 2055-06-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                                                              | New Jersey Economic Development Authority, Series 2025, RB                                                                              | CUSIP: 645912GB6<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $979955.60    | 0.86%             | 2055-11-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Miami Beach (City of), FL                                                                                              | Miami Beach (City of), FL, Series 2017, Ref. RB                                                                                         | CUSIP: 59324PEC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $500171.00    | 0.44%             | 2047-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Sierra (City of), AZ Vista Industrial Development Authority (Wake Preparatory Academy)                                 | Sierra (City of), AZ Vista Industrial Development Authority (Wake Preparatory Academy), Series 2025, RB                                 | CUSIP: 82652UBF8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $504184.90    | 0.44%             | 2050-06-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                                                               | New Hampshire Business Finance Authority, Series 2026, RB                                                                               | CUSIP: 63608TBK5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $983849.70    | 0.86%             | 2035-02-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Pennsylvania (Commonwealth of) Economic Development Financing Authority (Penndot Major Bridges (The))                  | Pennsylvania (Commonwealth of) Economic Development Financing Authority (Penndot Major Bridges (The)), Series 2022, RB                  | CUSIP: 70868YAP4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $542791.50    | 0.48%             | 2038-06-30      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Capital Trust Authority (St.Johns Classical Academy, Inc.)                                                             | Capital Trust Authority (St.Johns Classical Academy, Inc.), Series 2025, Ref. RB                                                        | CUSIP: 14054WBQ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $231208.30    | 0.20%             | 2050-06-15      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Wildwood (City of), FL Village Community Development Disctrict No. 15                                                  | Wildwood (City of), FL Village Community Development Disctrict No. 15, Series 2023, RB                                                  | CUSIP: 92708KAE7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $995923.00    | 0.87%             | 2054-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Arlington Higher Education Finance Corp. (Newman International Academy)                                                | Arlington Higher Education Finance Corp. (Newman International Academy), Series 2021, RB                                                | CUSIP: 041806F39<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $103718.03    | 0.09%             | 2051-08-15      | 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: 13080SEV2<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |    500000 | PA      | $500459.05    | 0.44%             | 2034-12-01      | Fixed         | 5.25%                 | 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: 25483WAK8<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |    350000 | PA      | $333734.66    | 0.29%             | 2045-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Virgin Islands (Government of) Public Finance Authority (Frenchman's Reef Hotel Development)                           | Virgin Islands (Government of) Public Finance Authority (Frenchman's Reef Hotel Development), Series 2024 A, RB                         | CUSIP: 927677AA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $250893.13    | 0.22%             | 2053-04-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Phoenix (City of), AZ Industrial Development Authority (Basis Schools) (The)                                           | Phoenix (City of), AZ Industrial Development Authority (Basis Schools) (The), Series 2016 A, Ref. RB                                    | CUSIP: 71885FEB9<br>LEI: 549300A62PWFBDWB8332 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1432496.55   | 1.25%             | 2046-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Muskingum (County of), OH (Genesis Healthcare System)                                                                  | Muskingum (County of), OH (Genesis Healthcare System), Series 2013, RB                                                                  | CUSIP: 628077CK3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1431129.75   | 1.25%             | 2048-02-15      | Fixed         | 5.00%                 | 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 2023, RB                                 | CUSIP: 650116GN0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1100134.50   | 0.96%             | 2035-04-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Arkansas (State of) Development Finance Authority (U.S. Steel Corp.) (Green Bonds)                                     | Arkansas (State of) Development Finance Authority (U.S. Steel Corp.) (Green Bonds), Series 2023, RB                                     | CUSIP: 04110FAB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $512364.80    | 0.45%             | 2053-05-01      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| California (State of) School Finance Authority (Green Dot Public Schools)                                              | California (State of) School Finance Authority (Green Dot Public Schools), Series 2018 A, RB                                            | CUSIP: 13059TFH7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1456930.65   | 1.28%             | 2048-08-01      | 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 2023, RB                                        | CUSIP: 92774NBC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1090003.30   | 0.95%             | 2059-09-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Rockville (City of), MD (Ingleside at King Farm)                                                                       | Rockville (City of), MD (Ingleside at King Farm), Series 2017 A-1, Ref. RB                                                              | CUSIP: 774223BB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $502913.45    | 0.44%             | 2037-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington State Housing Finance Commission                                                                            | Washington State Housing Finance Commission, Series 2025 A, Ref. RB                                                                     | CUSIP: 939783Z33<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1023575.40   | 0.90%             | 2046-01-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Dayton-Montgomery County Port Authority (Liberty Assisted Living Springfield)                                          | Dayton-Montgomery County Port Authority (Liberty Assisted Living Springfield), Series 2025 A, RB                                        | CUSIP: 23982CAM9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $529054.10    | 0.46%             | 2045-01-01      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Washington (State of) Health Care Facilities Authority (Providence Health & Services)                                  | Washington (State of) Health Care Facilities Authority (Providence Health & Services), Series 2012 A, RB                                | CUSIP: 93978HFW0<br>LEI: 549300ZVPWQIL3N5TL85 | Long             | DBT              | MUN               | US        |    500000 | PA      | $500128.15    | 0.44%             | 2042-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Patriots Energy Group Financing Agency                                                                                 | Patriots Energy Group Financing Agency, Series 2023 A-1, RB                                                                             | CUSIP: 70342PAN4<br>LEI: 5493008X0DFBVFH4HL19 | Long             | DBT              | MUN               | US        |    500000 | PA      | $536351.95    | 0.47%             | 2031-08-01      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs-Economic Development Authority                                                                     | South Carolina Jobs-Economic Development Authority, Series 2025, RB                                                                     | CUSIP: 837033KY4<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |    500000 | PA      | $507063.15    | 0.44%             | 2050-12-01      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                                                               | Massachusetts Development Finance Agency, Series 2018, Ref. RB                                                                          | CUSIP: 57584YHH5<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $977849.10    | 0.86%             | 2043-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Virginia Small Business Financing Authority (Transform 66 P3 Project)                                                  | Virginia Small Business Financing Authority (Transform 66 P3 Project), Series 2017, RB                                                  | CUSIP: 928097AA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1445000 | PA      | $1433095.95   | 1.25%             | 2047-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Buckeye Tobacco Settlement Financing Authority                                                                         | Buckeye Tobacco Settlement Financing Authority, Series 2020 B-2, Ref. RB                                                                | CUSIP: 118217CZ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $794553.00    | 0.70%             | 2055-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                                                                    | Wisconsin Health & Educational Facilities Authority, Series 2026, RB                                                                    | CUSIP: 97712JSB0<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1003742.10   | 0.88%             | 2055-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Washington (State of) Housing Finance Commission (Presbyterian Retirement Co.)                                         | Washington (State of) Housing Finance Commission (Presbyterian Retirement Co.), Series 2016 A, Ref. RB                                  | CUSIP: 939783TJ5<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |    770000 | PA      | $743903.85    | 0.65%             | 2046-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia Tobacco Settlement Financing Corp.                                                                | District of Columbia Tobacco Settlement Financing Corp., Series 2001, RB                                                                | CUSIP: 254842AK3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1031982.50   | 0.90%             | 2040-05-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Tobacco Settlement Financing Corp.                                                                                     | Tobacco Settlement Financing Corp., Series 2018 B, Ref. RB                                                                              | CUSIP: 888808HT2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    470000 | PA      | $457720.92    | 0.40%             | 2046-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| West Virginia (State of) Economic Development Authority (Core Natural Resources, Inc.)                                 | West Virginia (State of) Economic Development Authority (Core Natural Resources, Inc.), Series 2025, Ref. RB                            | CUSIP: 95648VBU2<br>LEI: 549300WW88TKKF5H1220 | Long             | DBT              | MUN               | US        |    250000 | PA      | $270352.63    | 0.24%             | 2035-03-27      | Variable      | 5.45%                 | No            |                  2 | On Loan: No      |
| California (State of) Municipal Finance Authority (California Baptist University)                                      | California (State of) Municipal Finance Authority (California Baptist University), Series 2025, Ref. RB                                 | CUSIP: 13048V3G1<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    500000 | PA      | $509505.50    | 0.45%             | 2054-11-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Maryland Economic Development Corp. (Purple Line) (Green Bonds)                                                        | Maryland Economic Development Corp. (Purple Line) (Green Bonds), Series 2022 B, RB                                                      | CUSIP: 57422JBY3<br>LEI: 549300JJ16DDBSZWSN94 | Long             | DBT              | MUN               | US        |    750000 | PA      | $755732.40    | 0.66%             | 2047-06-30      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Washington (State of) Convention Center Public Facilities District                                                     | Washington (State of) Convention Center Public Facilities District, Series 2018, RB                                                     | CUSIP: 93976ABF8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $506682.80    | 0.44%             | 2043-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Houston (City of), TX (United Airlines, Inc.)                                                                          | Houston (City of), TX (United Airlines, Inc.), Series 2021 B-1, RB                                                                      | CUSIP: 442349GA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $463790.95    | 0.41%             | 2041-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-05-30

**Name of Applicant:** Invesco Actively Managed Exchange-Traded Fund Trust

**Signature:** Adrien Deberghes

**Name of Signer:** Adrien Deberghes

**Title:** Vice President