# EDGAR Filing Document

**Accession Number:** 0000778365
**File Stem:** 0001410368-26-020578
**Filing Date:** 2026-2
**Character Count:** 250977
**Document Hash:** 534defc5010961f2aa75551bbb2dcc58
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001410368-26-020578.hdr.sgml**: 20260227

**ACCESSION NUMBER**: 0001410368-26-020578

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260227

**DATE AS OF CHANGE**: 20260227

**PERIOD START**: 20260930

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Eaton Vance Municipals Trust
- **CENTRAL INDEX KEY:** 0000778365

**ORGANIZATION NAME:**
- **EIN:** 000000000

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-04409
- **FILM NUMBER:** 26696851

**BUSINESS ADDRESS:**
- **STREET 1:** ONE POST OFFICE SQUARE
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02109
- **BUSINESS PHONE:** 617-482-8260

**MAIL ADDRESS:**
- **STREET 1:** ONE POST OFFICE SQUARE
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02109

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** EATON VANCE MUNICIPALS TRUST
- **DATE OF NAME CHANGE:** 19920703

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** EATON VANCE HIGH YIELD MUNICIPALS TRUST
- **DATE OF NAME CHANGE:** 19910203

## Series and Classes Contracts Data

### Eaton Vance California Municipal Opportunities Fund (Series ID: S000004860)

| Class ID   | Class Name                                                  | Ticker Symbol   |
|:---|:---|:---|
| C000013166 | Eaton Vance California Municipal Opportunities Fund Class A | EACAX           |
| C000013168 | Eaton Vance California Municipal Opportunities Fund Class C | ECCAX           |
| C000063954 | Eaton Vance California Municipal Opportunities Fund Class I | EICAX           |

## Nport-Ex

Eaton Vance<br>

California Municipal Opportunities Fund

December 31, 2025

Portfolio of Investments (Unaudited)

------

Closed-End Funds — 0.2%

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| BlackRock California Municipal Income Trust | 181788 | &nbsp;&nbsp;$1952403 |
| Total Closed-End Funds<br> (identified cost $1,942,227) |  | &nbsp;&nbsp;**$1952403** |

---

Corporate Bonds — 0.2%

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Other Revenue — 0.2% | Other Revenue — 0.2% | Other Revenue — 0.2% |
| Morongo Band of Mission Indians, 7.00%, 10/1/39<sup>(1)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;2080 | &nbsp;&nbsp;$2249967 |
| Total Corporate Bonds<br> (identified cost $2,080,000) |  | &nbsp;&nbsp;**$2249967** |

---

Tax-Exempt Municipal Obligations — 91.5%

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Education — 7.1% | Education — 7.1% | Education — 7.1% |
| California Educational Facilities Authority, (University of Southern California)), 5.00%, 10/1/55 | $&nbsp;&nbsp;&nbsp;&nbsp;4690 | &nbsp;&nbsp;$4976939 |
| California Enterprise Development Authority, (Campbell Hall Episcopal), 4.00%, 8/1/40 | &nbsp;&nbsp;&nbsp;&nbsp;4900 | &nbsp;&nbsp;&nbsp;&nbsp; 4918766 |
| California Enterprise Development Authority, (Castilleja School Foundation), 4.00%, 6/1/54 | &nbsp;&nbsp;&nbsp;&nbsp;1120 | &nbsp;&nbsp;&nbsp;&nbsp; 1025183 |
| California Enterprise Development Authority, (Curtis School Foundation): |  |  |
| &nbsp;&nbsp;&nbsp;4.00%, 6/1/49 | &nbsp;&nbsp;&nbsp;&nbsp;3000 | &nbsp;&nbsp;&nbsp;&nbsp; 2832142 |
| &nbsp;&nbsp;&nbsp;4.00%, 6/1/53 | &nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp; 1847271 |
| California Enterprise Development Authority, (Sage Hill School): |  |  |
| &nbsp;&nbsp;&nbsp;4.00%, 12/1/50 | 13760 | &nbsp;&nbsp;&nbsp;&nbsp; 12598729 |
| &nbsp;&nbsp;&nbsp;4.00%, 12/1/54 | &nbsp;&nbsp;&nbsp;&nbsp;6000 | &nbsp;&nbsp;&nbsp;&nbsp; 5448821 |
| &nbsp;&nbsp;&nbsp;5.00%, 12/1/43 | &nbsp;&nbsp;&nbsp;&nbsp;1235 | &nbsp;&nbsp;&nbsp;&nbsp; 1329411 |
| California Enterprise Development Authority, (The Rocklin Academy): |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 6/1/54<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;&nbsp; 468958 |
| &nbsp;&nbsp;&nbsp;5.00%, 6/1/64<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;2920 | &nbsp;&nbsp;&nbsp;&nbsp; 2671486 |
| California Infrastructure and Economic Development Bank, (The Colburn School), Social Bonds, 4.22%, (SIFMA + 0.90%), 6/1/27 (Put Date), 8/1/72<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;5750 | &nbsp;&nbsp;&nbsp;&nbsp; 5748936 |
| California Municipal Finance Authority (St. Ignatius College Preparatory), 5.00%, 9/1/49 | &nbsp;&nbsp;&nbsp;&nbsp;5860 | &nbsp;&nbsp;&nbsp;&nbsp; 6139376 |
| California Municipal Finance Authority, (California Baptist University), 5.00%, 11/1/35<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;2165 | &nbsp;&nbsp;&nbsp;&nbsp; 2303466 |

---

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Education (continued) | Education (continued) | Education (continued) |
| California School Finance Authority, (Alliance for College Ready Public Schools): |  |  |
| &nbsp;&nbsp;&nbsp;4.00%, 7/1/34<sup>(1)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;$1020052 |
| &nbsp;&nbsp;&nbsp;5.00%, 7/1/39<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;270 | &nbsp;&nbsp;&nbsp;&nbsp; 290593 |
| &nbsp;&nbsp;&nbsp;5.00%, 7/1/49<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;2990 | &nbsp;&nbsp;&nbsp;&nbsp; 3043165 |
| California School Finance Authority, (Green Dot Public Schools): |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 8/1/28<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;570 | &nbsp;&nbsp;&nbsp;&nbsp; 592117 |
| &nbsp;&nbsp;&nbsp;5.00%, 8/1/38<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;2500 | &nbsp;&nbsp;&nbsp;&nbsp; 2553270 |
| California State University: |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 11/1/47 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;120 | &nbsp;&nbsp;&nbsp;&nbsp; 120006 |
| &nbsp;&nbsp;&nbsp;5.25%, 11/1/50 | 10000 | &nbsp;&nbsp;&nbsp;&nbsp; 10875501 |
| University of California, 5.25%, 5/15/40 | &nbsp;&nbsp;&nbsp;&nbsp;1200 | &nbsp;&nbsp;&nbsp;&nbsp; 1467979 |
|  |  | &nbsp;&nbsp;**$72272167** |
| Electric Utilities — 0.3% | Electric Utilities — 0.3% | Electric Utilities — 0.3% |
| Trinity Public Utilities District, CA, Green Bonds, 3.00%, 4/1/31 | $&nbsp;&nbsp;&nbsp;&nbsp;1165 | &nbsp;&nbsp;$1069658 |
| Vernon, CA, Electric System Revenue, 5.00%, 8/1/35 | &nbsp;&nbsp;&nbsp;&nbsp;1420 | &nbsp;&nbsp;&nbsp;&nbsp; 1559428 |
|  |  | &nbsp;&nbsp;**$2629086** |
| General Obligations — 40.9% | General Obligations — 40.9% | General Obligations — 40.9% |
| ABC Unified School District, CA, (Election of 2018), 4.00%, 8/1/47 | $&nbsp;&nbsp;&nbsp;&nbsp;5780 | &nbsp;&nbsp;$5623410 |
| Berkeley Unified School District, CA, (Election of 2020), 5.00%, 8/1/44 | &nbsp;&nbsp;&nbsp;&nbsp;2710 | &nbsp;&nbsp;&nbsp;&nbsp; 2992843 |
| Beverly Hills Unified School District, CA, (Election of 2008): |  |  |
| &nbsp;&nbsp;&nbsp;0.00%, 8/1/30 | &nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp; 897513 |
| &nbsp;&nbsp;&nbsp;0.00%, 8/1/32 | &nbsp;&nbsp;&nbsp;&nbsp;2465 | &nbsp;&nbsp;&nbsp;&nbsp; 2086894 |
| Beverly Hills Unified School District, CA, (Election of 2018), 3.25%, 8/1/42 | &nbsp;&nbsp;&nbsp;&nbsp;9120 | &nbsp;&nbsp;&nbsp;&nbsp; 8636158 |
| Burbank Unified School District, CA, (Election of 2024), 4.25%, 8/1/47 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25 | &nbsp;&nbsp;&nbsp;&nbsp; 25054 |
| California: |  |  |
| &nbsp;&nbsp;&nbsp;4.55%, 12/1/37 | &nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp; 1072146 |
| &nbsp;&nbsp;&nbsp;5.00%, 8/1/42 | &nbsp;&nbsp;&nbsp;&nbsp;1905 | &nbsp;&nbsp;&nbsp;&nbsp; 2137466 |
| &nbsp;&nbsp;&nbsp;5.00%, 11/1/42 | 10000 | &nbsp;&nbsp;&nbsp;&nbsp; 10910100 |
| &nbsp;&nbsp;&nbsp;5.00%, 8/1/43 | &nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp; 2217397 |
| &nbsp;&nbsp;&nbsp;5.00%, 8/1/44 | &nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp; 2198574 |
| Calistoga Joint Unified School District, CA, (Election of 2022), 5.25%, 8/1/50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;625 | &nbsp;&nbsp;&nbsp;&nbsp; 679628 |
| Cerritos Community College District, CA, 4.00%, 8/1/43 | &nbsp;&nbsp;&nbsp;&nbsp;1275 | &nbsp;&nbsp;&nbsp;&nbsp; 1289275 |
| Chaffey Joint Union High School District, CA, (Election of 2012), 5.00%, 8/1/44 | 10520 | &nbsp;&nbsp;&nbsp;&nbsp; 10545337 |

---

------

Eaton Vance<br>

California Municipal Opportunities Fund

December 31, 2025

Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| General Obligations (continued) | General Obligations (continued) | General Obligations (continued) |
| Culver City Unified School District, CA, (Election of 2024), 4.00%, 8/1/44 | $&nbsp;&nbsp;&nbsp;&nbsp;6290 | &nbsp;&nbsp;$6187640 |
| Cupertino Union School District, CA, (Election of 2024): |  |  |
| &nbsp;&nbsp;&nbsp;5.75%, 8/1/44 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;270 | &nbsp;&nbsp;&nbsp;&nbsp; 314392 |
| &nbsp;&nbsp;&nbsp;5.75%, 8/1/45 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75 | &nbsp;&nbsp;&nbsp;&nbsp; 86629 |
| &nbsp;&nbsp;&nbsp;5.75%, 8/1/50 | 10410 | &nbsp;&nbsp;&nbsp;&nbsp; 11763335 |
| Desert Sands Unified School District, CA, (Election of 2024), 4.00%, 8/1/43 | &nbsp;&nbsp;&nbsp;&nbsp;1295 | &nbsp;&nbsp;&nbsp;&nbsp; 1304698 |
| El Monte Union High School District, CA, (Election of 2018): |  |  |
| &nbsp;&nbsp;&nbsp;5.25%, 6/1/43 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;400 | &nbsp;&nbsp;&nbsp;&nbsp; 448381 |
| &nbsp;&nbsp;&nbsp;5.25%, 6/1/44 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;300 | &nbsp;&nbsp;&nbsp;&nbsp; 333493 |
| &nbsp;&nbsp;&nbsp;5.25%, 6/1/45 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;300 | &nbsp;&nbsp;&nbsp;&nbsp; 330074 |
| &nbsp;&nbsp;&nbsp;5.25%, 6/1/48 | &nbsp;&nbsp;&nbsp;&nbsp;1250 | &nbsp;&nbsp;&nbsp;&nbsp; 1353362 |
| &nbsp;&nbsp;&nbsp;5.25%, 6/1/50 | &nbsp;&nbsp;&nbsp;&nbsp;1500 | &nbsp;&nbsp;&nbsp;&nbsp; 1617100 |
| Encinitas Union School District, CA, (Election of 2024): |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 8/1/45 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;280 | &nbsp;&nbsp;&nbsp;&nbsp; 306686 |
| &nbsp;&nbsp;&nbsp;5.00%, 8/1/50 | &nbsp;&nbsp;&nbsp;&nbsp;2500 | &nbsp;&nbsp;&nbsp;&nbsp; 2669489 |
| Fairfield-Suisun Unified School District, CA, 0.00%, 2/1/29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;235 | &nbsp;&nbsp;&nbsp;&nbsp; 217103 |
| Folsom Cordova Unified School District Facilities Improvement No 5, CA, (Election of 2014), 4.00%, 10/1/40 | &nbsp;&nbsp;&nbsp;&nbsp;1020 | &nbsp;&nbsp;&nbsp;&nbsp; 1020051 |
| Fontana Unified School District, CA, (Election of 2024): |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 8/1/41 | &nbsp;&nbsp;&nbsp;&nbsp;1305 | &nbsp;&nbsp;&nbsp;&nbsp; 1490297 |
| &nbsp;&nbsp;&nbsp;5.00%, 8/1/42 | &nbsp;&nbsp;&nbsp;&nbsp;1125 | &nbsp;&nbsp;&nbsp;&nbsp; 1270104 |
| &nbsp;&nbsp;&nbsp;5.25%, 8/1/50 | 12940 | &nbsp;&nbsp;&nbsp;&nbsp; 14017766 |
| Foothill-De Anza Community College District, CA, (Election of 2020), 5.00%, 8/1/45 | &nbsp;&nbsp;&nbsp;&nbsp;2210 | &nbsp;&nbsp;&nbsp;&nbsp; 2426210 |
| Gilroy Unified School District, CA, (Election of 2016), 4.00%, 8/1/41 | &nbsp;&nbsp;&nbsp;&nbsp;1750 | &nbsp;&nbsp;&nbsp;&nbsp; 1751228 |
| Glendale Community College District, CA, (Election of 2024): |  |  |
| &nbsp;&nbsp;&nbsp;4.125%, 8/1/50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;375 | &nbsp;&nbsp;&nbsp;&nbsp; 364241 |
| &nbsp;&nbsp;&nbsp;5.00%, 8/1/50 | &nbsp;&nbsp;&nbsp;&nbsp;1500 | &nbsp;&nbsp;&nbsp;&nbsp; 1590724 |
| Hacienda La Puente Unified School District, CA, (Election of 2016): |  |  |
| &nbsp;&nbsp;&nbsp;4.00%, 8/1/41 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;650 | &nbsp;&nbsp;&nbsp;&nbsp; 664278 |
| &nbsp;&nbsp;&nbsp;4.00%, 8/1/42 | &nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp; 2025909 |
| &nbsp;&nbsp;&nbsp;4.00%, 8/1/43 | &nbsp;&nbsp;&nbsp;&nbsp;1195 | &nbsp;&nbsp;&nbsp;&nbsp; 1202388 |
| Hermosa Beach City School District, CA, (Election of 2024): |  |  |
| &nbsp;&nbsp;&nbsp;0.00%, 8/1/38 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;275 | &nbsp;&nbsp;&nbsp;&nbsp; 167270 |
| &nbsp;&nbsp;&nbsp;0.00%, 8/1/39 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;400 | &nbsp;&nbsp;&nbsp;&nbsp; 228747 |
| &nbsp;&nbsp;&nbsp;0.00%, 8/1/42 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;550 | &nbsp;&nbsp;&nbsp;&nbsp; 257772 |

---

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| General Obligations (continued) | General Obligations (continued) | General Obligations (continued) |
| Hermosa Beach City School District, CA, (Election of 2024): (continued) |  |  |
| &nbsp;&nbsp;&nbsp;0.00%, 8/1/43 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;310 | &nbsp;&nbsp;$135338 |
| Hillsborough City School District, CA, (Election of 2022), 5.00%, 9/1/55 | &nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp; 2137906 |
| Jefferson Union High School District, CA, (Election of 2020): |  |  |
| &nbsp;&nbsp;&nbsp;4.125%, 8/1/46 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;525 | &nbsp;&nbsp;&nbsp;&nbsp; 523885 |
| &nbsp;&nbsp;&nbsp;5.00%, 8/1/41 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;750 | &nbsp;&nbsp;&nbsp;&nbsp; 856493 |
| &nbsp;&nbsp;&nbsp;5.00%, 8/1/42 | &nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp; 1128982 |
| &nbsp;&nbsp;&nbsp;5.00%, 8/1/43 | &nbsp;&nbsp;&nbsp;&nbsp;1300 | &nbsp;&nbsp;&nbsp;&nbsp; 1447984 |
| &nbsp;&nbsp;&nbsp;5.00%, 8/1/44 | &nbsp;&nbsp;&nbsp;&nbsp;1500 | &nbsp;&nbsp;&nbsp;&nbsp; 1656555 |
| Jurupa Unified School District, CA, 4.00%, 8/1/41 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;695 | &nbsp;&nbsp;&nbsp;&nbsp; 695910 |
| Kern Community College District, CA, (Election of 2016): |  |  |
| &nbsp;&nbsp;&nbsp;5.25%, 8/1/37 | &nbsp;&nbsp;&nbsp;&nbsp;1500 | &nbsp;&nbsp;&nbsp;&nbsp; 1730693 |
| &nbsp;&nbsp;&nbsp;5.25%, 8/1/41 | &nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp; 1120624 |
| La Canada Unified School District, CA, (Election of 2017): |  |  |
| &nbsp;&nbsp;&nbsp;5.25%, 8/1/41 | &nbsp;&nbsp;&nbsp;&nbsp;1190 | &nbsp;&nbsp;&nbsp;&nbsp; 1347716 |
| &nbsp;&nbsp;&nbsp;5.50%, 8/1/43 | &nbsp;&nbsp;&nbsp;&nbsp;1780 | &nbsp;&nbsp;&nbsp;&nbsp; 2004430 |
| &nbsp;&nbsp;&nbsp;5.75%, 8/1/50 | &nbsp;&nbsp;&nbsp;&nbsp;3940 | &nbsp;&nbsp;&nbsp;&nbsp; 4361037 |
| &nbsp;&nbsp;&nbsp;6.00%, 8/1/44 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;250 | &nbsp;&nbsp;&nbsp;&nbsp; 294340 |
| &nbsp;&nbsp;&nbsp;6.00%, 8/1/50 | &nbsp;&nbsp;&nbsp;&nbsp;1970 | &nbsp;&nbsp;&nbsp;&nbsp; 2251376 |
| Lakeside Union School District San Diego County, CA, (Election of 2008), 0.00%, 8/1/37 | &nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp; 1358888 |
| Lemon Grove School District, CA, (Election of 2022), 5.00%, 8/1/49 | &nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp; 1062267 |
| Lemon Grove School District, CA, (Election of 2024), 5.00%, 8/1/50 | &nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp; 1061292 |
| Lompoc Unified School District, CA, (Election of 2024): |  |  |
| &nbsp;&nbsp;&nbsp;5.25%, 8/1/46 | &nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp; 1109543 |
| &nbsp;&nbsp;&nbsp;5.25%, 8/1/50 | &nbsp;&nbsp;&nbsp;&nbsp;2610 | &nbsp;&nbsp;&nbsp;&nbsp; 2846757 |
| &nbsp;&nbsp;&nbsp;5.25%, 8/1/54 | &nbsp;&nbsp;&nbsp;&nbsp;4290 | &nbsp;&nbsp;&nbsp;&nbsp; 4660949 |
| Long Beach Community College District, CA, 5.00%, 8/1/52 | &nbsp;&nbsp;&nbsp;&nbsp;5000 | &nbsp;&nbsp;&nbsp;&nbsp; 5314032 |
| Los Angeles Unified School District, CA, Sustainability Bonds, 5.00%, 7/1/39 | &nbsp;&nbsp;&nbsp;&nbsp;4000 | &nbsp;&nbsp;&nbsp;&nbsp; 4587961 |
| Los Angeles Unified School District, CA, (Election of 2008), 4.00%, 7/1/40 | &nbsp;&nbsp;&nbsp;&nbsp;6730 | &nbsp;&nbsp;&nbsp;&nbsp; 6729875 |
| Manteca Unified School District, CA, (Election of 2020), 5.25%, 8/1/43 | &nbsp;&nbsp;&nbsp;&nbsp;2060 | &nbsp;&nbsp;&nbsp;&nbsp; 2335943 |
| Menlo Park City School District, CA, (Election of 2024): |  |  |
| &nbsp;&nbsp;&nbsp;4.00%, 7/1/53 | &nbsp;&nbsp;&nbsp;&nbsp;2135 | &nbsp;&nbsp;&nbsp;&nbsp; 2010350 |
| &nbsp;&nbsp;&nbsp;5.00%, 7/1/50 | &nbsp;&nbsp;&nbsp;&nbsp;1170 | &nbsp;&nbsp;&nbsp;&nbsp; 1236192 |

---

------

Eaton Vance<br>

California Municipal Opportunities Fund

December 31, 2025

Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| General Obligations (continued) | General Obligations (continued) | General Obligations (continued) |
| Milpitas Unified School District, CA, (Election of 2018), 4.00%, 8/1/42 | $&nbsp;&nbsp;&nbsp;&nbsp;1360 | &nbsp;&nbsp;$1399406 |
| Modesto High School District, CA, (Election of 2022), 5.25%, 8/1/50 | &nbsp;&nbsp;&nbsp;&nbsp;3750 | &nbsp;&nbsp;&nbsp;&nbsp; 4074677 |
| Monterey Peninsula Unified School District, CA, 4.00%, 8/1/45 | 11700 | &nbsp;&nbsp;&nbsp;&nbsp; 11445596 |
| Morgan Hill Unified School District, CA, (Election of 2012): |  |  |
| &nbsp;&nbsp;&nbsp;5.25%, 8/1/41 | &nbsp;&nbsp;&nbsp;&nbsp;2440 | &nbsp;&nbsp;&nbsp;&nbsp; 2732785 |
| &nbsp;&nbsp;&nbsp;5.25%, 8/1/42 | &nbsp;&nbsp;&nbsp;&nbsp;1750 | &nbsp;&nbsp;&nbsp;&nbsp; 1938306 |
| Mountain View Whisman School District, CA, (Election of 2020): |  |  |
| &nbsp;&nbsp;&nbsp;3.00%, 9/1/38 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;140 | &nbsp;&nbsp;&nbsp;&nbsp; 136104 |
| &nbsp;&nbsp;&nbsp;3.00%, 9/1/45 | 10730 | &nbsp;&nbsp;&nbsp;&nbsp; 8829427 |
| &nbsp;&nbsp;&nbsp;4.00%, 9/1/40 | &nbsp;&nbsp;&nbsp;&nbsp;1125 | &nbsp;&nbsp;&nbsp;&nbsp; 1158228 |
| Mt. San Antonio Community College District, CA, (Election of 2024): |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 8/1/44 | &nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp; 1110336 |
| &nbsp;&nbsp;&nbsp;5.00%, 8/1/46 | &nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp; 1089691 |
| &nbsp;&nbsp;&nbsp;5.00%, 8/1/50 | &nbsp;&nbsp;&nbsp;&nbsp;2730 | &nbsp;&nbsp;&nbsp;&nbsp; 2932969 |
| &nbsp;&nbsp;&nbsp;5.25%, 8/1/55 | &nbsp;&nbsp;&nbsp;&nbsp;3215 | &nbsp;&nbsp;&nbsp;&nbsp; 3485017 |
| Napa Valley Unified School District, CA, (Election of 2024), 5.25%, 8/1/50 | &nbsp;&nbsp;&nbsp;&nbsp;1750 | &nbsp;&nbsp;&nbsp;&nbsp; 1901516 |
| Newark Unified School District, CA, (Election of 2024): |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 8/1/45 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;85 | &nbsp;&nbsp;&nbsp;&nbsp; 93101 |
| &nbsp;&nbsp;&nbsp;5.25%, 8/1/50 | &nbsp;&nbsp;&nbsp;&nbsp;4855 | &nbsp;&nbsp;&nbsp;&nbsp; 5271349 |
| North Monterey County Unified School District, CA, 4.00%, 5/1/43 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5 | &nbsp;&nbsp;&nbsp;&nbsp; 5017 |
| Pacific Grove Unified School District, CA, (Election of 2020): |  |  |
| &nbsp;&nbsp;&nbsp;4.125%, 8/1/51 | &nbsp;&nbsp;&nbsp;&nbsp;1425 | &nbsp;&nbsp;&nbsp;&nbsp; 1382943 |
| &nbsp;&nbsp;&nbsp;5.00%, 8/1/42 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;225 | &nbsp;&nbsp;&nbsp;&nbsp; 253629 |
| &nbsp;&nbsp;&nbsp;5.00%, 8/1/43 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;250 | &nbsp;&nbsp;&nbsp;&nbsp; 278458 |
| &nbsp;&nbsp;&nbsp;5.00%, 8/1/44 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;285 | &nbsp;&nbsp;&nbsp;&nbsp; 313779 |
| &nbsp;&nbsp;&nbsp;5.00%, 8/1/45 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;320 | &nbsp;&nbsp;&nbsp;&nbsp; 348619 |
| Pajaro Valley Unified School District, CA, 4.00%, 8/1/45 | &nbsp;&nbsp;&nbsp;&nbsp;8650 | &nbsp;&nbsp;&nbsp;&nbsp; 8541807 |
| Palmdale Elementary School District, CA, (Election of 2022): |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 8/1/44 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200 | &nbsp;&nbsp;&nbsp;&nbsp; 219520 |
| &nbsp;&nbsp;&nbsp;5.00%, 8/1/45 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;225 | &nbsp;&nbsp;&nbsp;&nbsp; 244747 |
| &nbsp;&nbsp;&nbsp;5.00%, 8/1/50 | &nbsp;&nbsp;&nbsp;&nbsp;1250 | &nbsp;&nbsp;&nbsp;&nbsp; 1328642 |
| Palo Alto Unified School District, CA: |  |  |
| &nbsp;&nbsp;&nbsp;(Election of 2008), 0.00%, 8/1/33 | &nbsp;&nbsp;&nbsp;&nbsp;6345 | &nbsp;&nbsp;&nbsp;&nbsp; 5191971 |
| &nbsp;&nbsp;&nbsp;(Election of 2018), 3.25%, 8/1/42 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;130 | &nbsp;&nbsp;&nbsp;&nbsp; 121237 |
| Pasadena Unified School District, CA, (Election of 2020): |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 8/1/43 | &nbsp;&nbsp;&nbsp;&nbsp;4000 | &nbsp;&nbsp;&nbsp;&nbsp; 4455335 |

---

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| General Obligations (continued) | General Obligations (continued) | General Obligations (continued) |
| Pasadena Unified School District, CA, (Election of 2020): (continued) |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 8/1/44 | $&nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;$2205345 |
| &nbsp;&nbsp;&nbsp;5.25%, 8/1/47 | &nbsp;&nbsp;&nbsp;&nbsp;1500 | &nbsp;&nbsp;&nbsp;&nbsp; 1655271 |
| &nbsp;&nbsp;&nbsp;5.25%, 8/1/50 | &nbsp;&nbsp;&nbsp;&nbsp;4000 | &nbsp;&nbsp;&nbsp;&nbsp; 4352923 |
| Pasadena, CA, (Central Library), 5.00%, 9/1/51 | &nbsp;&nbsp;&nbsp;&nbsp;5040 | &nbsp;&nbsp;&nbsp;&nbsp; 5387660 |
| Piner-Olivet Union Elementary School District, CA, (Election of 2024), 4.00%, 8/1/50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60 | &nbsp;&nbsp;&nbsp;&nbsp; 57237 |
| Pleasanton Unified School District, CA, (Election of 2016): |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 8/1/40 | &nbsp;&nbsp;&nbsp;&nbsp;1065 | &nbsp;&nbsp;&nbsp;&nbsp; 1235690 |
| &nbsp;&nbsp;&nbsp;5.00%, 8/1/41 | &nbsp;&nbsp;&nbsp;&nbsp;1180 | &nbsp;&nbsp;&nbsp;&nbsp; 1353826 |
| &nbsp;&nbsp;&nbsp;5.00%, 8/1/42 | &nbsp;&nbsp;&nbsp;&nbsp;2485 | &nbsp;&nbsp;&nbsp;&nbsp; 2818560 |
| Pleasanton Unified School District, CA, (Election of 2022), 4.25%, 8/1/46 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;850 | &nbsp;&nbsp;&nbsp;&nbsp; 853950 |
| Puerto Rico: |  |  |
| &nbsp;&nbsp;&nbsp;0.00%, 7/1/33 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;638 | &nbsp;&nbsp;&nbsp;&nbsp; 462138 |
| &nbsp;&nbsp;&nbsp;5.625%, 7/1/29 | &nbsp;&nbsp;&nbsp;&nbsp;3045 | &nbsp;&nbsp;&nbsp;&nbsp; 3227522 |
| Rio Hondo Community College District, CA, (Election of 2024): |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 8/1/42 | &nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp; 1128982 |
| &nbsp;&nbsp;&nbsp;5.00%, 8/1/43 | &nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp; 1113834 |
| &nbsp;&nbsp;&nbsp;5.00%, 8/1/45 | &nbsp;&nbsp;&nbsp;&nbsp;1250 | &nbsp;&nbsp;&nbsp;&nbsp; 1369132 |
| Riverside Community College District, CA, (Election of 2024), 4.00%, 8/1/43 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50 | &nbsp;&nbsp;&nbsp;&nbsp; 50358 |
| San Bernardino Community College District, CA, (Election of 2008): |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 8/1/42 | &nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp; 2257963 |
| &nbsp;&nbsp;&nbsp;5.00%, 8/1/43 | &nbsp;&nbsp;&nbsp;&nbsp;4185 | &nbsp;&nbsp;&nbsp;&nbsp; 4661394 |
| San Bernardino Community College District, CA, (Election of 2018), 4.125%, 8/1/49 | &nbsp;&nbsp;&nbsp;&nbsp;2125 | &nbsp;&nbsp;&nbsp;&nbsp; 2100201 |
| San Carlos School District, CA, 4.00%, 10/1/43 | &nbsp;&nbsp;&nbsp;&nbsp;1525 | &nbsp;&nbsp;&nbsp;&nbsp; 1547990 |
| San Diego Community College District, CA, (Election of 2024), 5.00%, 8/1/55 | &nbsp;&nbsp;&nbsp;&nbsp;4615 | &nbsp;&nbsp;&nbsp;&nbsp; 4908524 |
| San Diego Unified School District, CA, (Election of 2008): |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 7/1/43 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;920 | &nbsp;&nbsp;&nbsp;&nbsp; 1034232 |
| &nbsp;&nbsp;&nbsp;5.00%, 7/1/44 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;345 | &nbsp;&nbsp;&nbsp;&nbsp; 381921 |
| &nbsp;&nbsp;&nbsp;5.00%, 7/1/45 | &nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp; 1097154 |
| San Diego Unified School District, CA, (Election of 2012), 5.00%, 7/1/43 | &nbsp;&nbsp;&nbsp;&nbsp;1650 | &nbsp;&nbsp;&nbsp;&nbsp; 1939657 |
| San Diego Unified School District, CA, (Election of 2018): |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 7/1/44 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;690 | &nbsp;&nbsp;&nbsp;&nbsp; 763843 |
| &nbsp;&nbsp;&nbsp;5.00%, 7/1/45 | &nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp; 2194308 |
| &nbsp;&nbsp;&nbsp;5.00%, 7/1/47 | &nbsp;&nbsp;&nbsp;&nbsp;2575 | &nbsp;&nbsp;&nbsp;&nbsp; 2793378 |

---

------

Eaton Vance<br>

California Municipal Opportunities Fund

December 31, 2025

Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| General Obligations (continued) | General Obligations (continued) | General Obligations (continued) |
| San Francisco Bay Area Rapid Transit District, CA, (Election of 2016): |  |  |
| &nbsp;&nbsp;&nbsp;Green Bonds, 5.00%, 8/1/43 | $&nbsp;&nbsp;&nbsp;&nbsp;5250 | &nbsp;&nbsp;$5897444 |
| &nbsp;&nbsp;&nbsp;Green Bonds, 5.00%, 8/1/44 | &nbsp;&nbsp;&nbsp;&nbsp;7000 | &nbsp;&nbsp;&nbsp;&nbsp; 7784335 |
| &nbsp;&nbsp;&nbsp;Green Bonds, 5.00%, 8/1/45 | &nbsp;&nbsp;&nbsp;&nbsp;4500 | &nbsp;&nbsp;&nbsp;&nbsp; 4955458 |
| San Jacinto Unified School District, CA, (Election of 2024): |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 8/1/48 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;855 | &nbsp;&nbsp;&nbsp;&nbsp; 914869 |
| &nbsp;&nbsp;&nbsp;5.00%, 8/1/49 | &nbsp;&nbsp;&nbsp;&nbsp;3590 | &nbsp;&nbsp;&nbsp;&nbsp; 3833980 |
| San Jose Unified School District, CA, (Election of 2024), 5.25%, 8/1/50 | &nbsp;&nbsp;&nbsp;&nbsp;8500 | &nbsp;&nbsp;&nbsp;&nbsp; 9256984 |
| San Jose-Evergreen Community College District, CA, (Election of 2016), 4.00%, 9/1/42 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15 | &nbsp;&nbsp;&nbsp;&nbsp; 15268 |
| San Juan Unified School District, CA, (Election of 2016), 4.00%, 8/1/49 | &nbsp;&nbsp;&nbsp;&nbsp;1395 | &nbsp;&nbsp;&nbsp;&nbsp; 1334663 |
| San Luis Coastal Unified School District, CA, (Election of 2022), 4.00%, 8/1/53 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;335 | &nbsp;&nbsp;&nbsp;&nbsp; 320583 |
| San Marcos Unified School District, CA, (Election of 2024), 5.25%, 8/1/55 | &nbsp;&nbsp;&nbsp;&nbsp;4840 | &nbsp;&nbsp;&nbsp;&nbsp; 5222692 |
| San Marino Unified School District, CA, (Election of 2024): |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 8/1/41 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;890 | &nbsp;&nbsp;&nbsp;&nbsp; 993120 |
| &nbsp;&nbsp;&nbsp;5.00%, 8/1/42 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;915 | &nbsp;&nbsp;&nbsp;&nbsp; 1011430 |
| &nbsp;&nbsp;&nbsp;5.00%, 8/1/43 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;&nbsp; 546577 |
| &nbsp;&nbsp;&nbsp;5.00%, 8/1/44 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;535 | &nbsp;&nbsp;&nbsp;&nbsp; 580739 |
| &nbsp;&nbsp;&nbsp;5.00%, 8/1/46 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;895 | &nbsp;&nbsp;&nbsp;&nbsp; 960854 |
| San Mateo Foster City School District, CA, (Election of 2020), 5.00%, 8/1/44 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;115 | &nbsp;&nbsp;&nbsp;&nbsp; 125308 |
| San Rafael City Elementary School District, CA, (Election of 2022): |  |  |
| &nbsp;&nbsp;&nbsp;4.00%, 8/1/42 | &nbsp;&nbsp;&nbsp;&nbsp;1030 | &nbsp;&nbsp;&nbsp;&nbsp; 1039417 |
| &nbsp;&nbsp;&nbsp;4.25%, 8/1/47 | &nbsp;&nbsp;&nbsp;&nbsp;2225 | &nbsp;&nbsp;&nbsp;&nbsp; 2229361 |
| &nbsp;&nbsp;&nbsp;5.00%, 8/1/44 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;420 | &nbsp;&nbsp;&nbsp;&nbsp; 460992 |
| &nbsp;&nbsp;&nbsp;5.00%, 8/1/45 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;250 | &nbsp;&nbsp;&nbsp;&nbsp; 272359 |
| &nbsp;&nbsp;&nbsp;5.00%, 8/1/50 | &nbsp;&nbsp;&nbsp;&nbsp;1650 | &nbsp;&nbsp;&nbsp;&nbsp; 1755147 |
| &nbsp;&nbsp;&nbsp;5.00%, 8/1/55 | &nbsp;&nbsp;&nbsp;&nbsp;1485 | &nbsp;&nbsp;&nbsp;&nbsp; 1568640 |
| Santa Clarita Community College District, CA, 5.25%, 8/1/45 | &nbsp;&nbsp;&nbsp;&nbsp;1835 | &nbsp;&nbsp;&nbsp;&nbsp; 1988211 |
| Santa Monica-Malibu Unified School District, CA, (Election of 2018), 5.00%, 8/1/40 | &nbsp;&nbsp;&nbsp;&nbsp;7420 | &nbsp;&nbsp;&nbsp;&nbsp; 8182283 |
| Santa Monica-Malibu Unified School District, CA, (Election of 2024): |  |  |
| &nbsp;&nbsp;&nbsp;4.125%, 8/1/55 | &nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp; 968096 |
| &nbsp;&nbsp;&nbsp;5.00%, 8/1/43 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;625 | &nbsp;&nbsp;&nbsp;&nbsp; 687140 |
| &nbsp;&nbsp;&nbsp;5.00%, 8/1/44 | &nbsp;&nbsp;&nbsp;&nbsp;2050 | &nbsp;&nbsp;&nbsp;&nbsp; 2232331 |
| &nbsp;&nbsp;&nbsp;5.00%, 8/1/44 | &nbsp;&nbsp;&nbsp;&nbsp;2015 | &nbsp;&nbsp;&nbsp;&nbsp; 2194218 |
| &nbsp;&nbsp;&nbsp;5.00%, 8/1/45 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;980 | &nbsp;&nbsp;&nbsp;&nbsp; 1058588 |
| &nbsp;&nbsp;&nbsp;5.00%, 8/1/46 | &nbsp;&nbsp;&nbsp;&nbsp;1500 | &nbsp;&nbsp;&nbsp;&nbsp; 1609351 |

---

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| General Obligations (continued) | General Obligations (continued) | General Obligations (continued) |
| Santa Monica-Malibu Unified School District, CA, (Election of 2024): (continued) |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 8/1/50 | $11000 | &nbsp;&nbsp;$11620522 |
| &nbsp;&nbsp;&nbsp;5.00%, 8/1/55 | &nbsp;&nbsp;&nbsp;&nbsp;1725 | &nbsp;&nbsp;&nbsp;&nbsp; 1815251 |
| Scotts Valley Unified School District, CA, (Election of 2024), 5.25%, 8/1/50 | &nbsp;&nbsp;&nbsp;&nbsp;1100 | &nbsp;&nbsp;&nbsp;&nbsp; 1190715 |
| Sebastopol Union School District, CA, (Election of 2024): |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 8/1/50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;&nbsp; 532269 |
| &nbsp;&nbsp;&nbsp;5.00%, 8/1/55 | &nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp; 1059551 |
| Sequoia Union High School District, CA, (Election of 2022), 4.00%, 7/1/52 | &nbsp;&nbsp;&nbsp;&nbsp;4570 | &nbsp;&nbsp;&nbsp;&nbsp; 4342891 |
| Southwestern Community College District, CA, (Election of 2024): |  |  |
| &nbsp;&nbsp;&nbsp;5.25%, 8/1/43 | &nbsp;&nbsp;&nbsp;&nbsp;1500 | &nbsp;&nbsp;&nbsp;&nbsp; 1698328 |
| &nbsp;&nbsp;&nbsp;5.25%, 8/1/44 | &nbsp;&nbsp;&nbsp;&nbsp;1330 | &nbsp;&nbsp;&nbsp;&nbsp; 1487461 |
| &nbsp;&nbsp;&nbsp;5.25%, 8/1/46 | &nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp; 1096117 |
| &nbsp;&nbsp;&nbsp;5.25%, 8/1/51 | &nbsp;&nbsp;&nbsp;&nbsp;3000 | &nbsp;&nbsp;&nbsp;&nbsp; 3252041 |
| Sunnyvale School District, CA, (Election of 2024): |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 9/1/43 | &nbsp;&nbsp;&nbsp;&nbsp;1290 | &nbsp;&nbsp;&nbsp;&nbsp; 1440126 |
| &nbsp;&nbsp;&nbsp;5.00%, 9/1/44 | &nbsp;&nbsp;&nbsp;&nbsp;1955 | &nbsp;&nbsp;&nbsp;&nbsp; 2163836 |
| &nbsp;&nbsp;&nbsp;5.00%, 9/1/45 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;975 | &nbsp;&nbsp;&nbsp;&nbsp; 1071057 |
| Tamalpais Union High School District, CA, (Election of 2024), 4.125%, 8/1/49 | &nbsp;&nbsp;&nbsp;&nbsp;2610 | &nbsp;&nbsp;&nbsp;&nbsp; 2625261 |
| Torrance Unified School District, CA, (Election of 2008), 4.00%, 8/1/39 | &nbsp;&nbsp;&nbsp;&nbsp;2085 | &nbsp;&nbsp;&nbsp;&nbsp; 2091800 |
| Ventura Unified School District, CA, (Election of 2022): |  |  |
| &nbsp;&nbsp;&nbsp;4.25%, 8/1/51 | &nbsp;&nbsp;&nbsp;&nbsp;1725 | &nbsp;&nbsp;&nbsp;&nbsp; 1709926 |
| &nbsp;&nbsp;&nbsp;5.25%, 8/1/55 | 11105 | &nbsp;&nbsp;&nbsp;&nbsp; 11812807 |
| Walnut Creek Elementary School District Contra Costa County, CA, (Election of 2022), 5.00%, 9/1/50 | &nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp; 1061625 |
| Washington Unified School District, CA, (Election of 2020): |  |  |
| &nbsp;&nbsp;&nbsp;4.00%, 8/1/41 | &nbsp;&nbsp;&nbsp;&nbsp;1940 | &nbsp;&nbsp;&nbsp;&nbsp; 1984305 |
| &nbsp;&nbsp;&nbsp;4.00%, 8/1/43 | &nbsp;&nbsp;&nbsp;&nbsp;2400 | &nbsp;&nbsp;&nbsp;&nbsp; 2410042 |
| &nbsp;&nbsp;&nbsp;4.00%, 8/1/44 | &nbsp;&nbsp;&nbsp;&nbsp;2640 | &nbsp;&nbsp;&nbsp;&nbsp; 2624157 |
| West Sonoma County Union High School District, CA, (Election of 2018), 5.00%, 8/1/50 | &nbsp;&nbsp;&nbsp;&nbsp;1500 | &nbsp;&nbsp;&nbsp;&nbsp; 1576640 |
|  |  | &nbsp;&nbsp;**$416632851** |
| Hospital — 3.6% | Hospital — 3.6% | Hospital — 3.6% |
| California Health Facilities Financing Authority, (Cedars-Sinai Health System), 5.00%, 8/15/51 | $&nbsp;&nbsp;&nbsp;&nbsp;4280 | &nbsp;&nbsp;$4458619 |
| California Health Facilities Financing Authority, (Cedars-Sinai Medical Center), 4.00%, 8/15/39 | &nbsp;&nbsp;&nbsp;&nbsp;3000 | &nbsp;&nbsp;&nbsp;&nbsp; 3000226 |
| California Health Facilities Financing Authority, (Providence Health & Services), 5.00%, 10/1/44 | &nbsp;&nbsp;&nbsp;&nbsp;3010 | &nbsp;&nbsp;&nbsp;&nbsp; 3011597 |

---

------

Eaton Vance<br>

California Municipal Opportunities Fund

December 31, 2025

Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Hospital (continued) | Hospital (continued) | Hospital (continued) |
| California Health Facilities Financing Authority, (Sutter Health), 5.00%, 11/15/46 | $&nbsp;&nbsp;&nbsp;&nbsp;3000 | &nbsp;&nbsp;$3016541 |
| California Infrastructure and Economic Development Bank, (Adventist Health Energy), 5.00%, 7/1/43 | &nbsp;&nbsp;&nbsp;&nbsp;1255 | &nbsp;&nbsp;&nbsp;&nbsp; 1295624 |
| California Municipal Finance Authority, (NorthBay Healthcare Group), 5.00%, 11/1/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;&nbsp; 505056 |
| California Public Finance Authority, (Henry Mayo Newhall Hospital), 5.00%, 10/15/33 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;425 | &nbsp;&nbsp;&nbsp;&nbsp; 428781 |
| California Statewide Communities Development Authority, (Loma Linda University Medical Center): |  |  |
| &nbsp;&nbsp;&nbsp;5.25%, 12/1/44 | &nbsp;&nbsp;&nbsp;&nbsp;2800 | &nbsp;&nbsp;&nbsp;&nbsp; 2808083 |
| &nbsp;&nbsp;&nbsp;5.50%, 12/1/54 | &nbsp;&nbsp;&nbsp;&nbsp;6050 | &nbsp;&nbsp;&nbsp;&nbsp; 6064359 |
| California Statewide Communities Development Authority, (Methodist Hospital of Southern California), 5.00%, 1/1/38 | &nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp; 2068650 |
| University of California Medical Center, 1.70%, 5/15/45<sup>(3)</sup> | 10000 | &nbsp;&nbsp;&nbsp;&nbsp; 10000000 |
|  |  | &nbsp;&nbsp;**$36657536** |
| Housing — 1.8% | Housing — 1.8% | Housing — 1.8% |
| California Housing Finance Agency, Sustainability Bonds, 3.60% to 8/1/26 (Put Date), 8/1/63 | $&nbsp;&nbsp;&nbsp;&nbsp;1500 | &nbsp;&nbsp;$1500780 |
| California Housing Finance Agency, (Shoreview Apartments), (FHLMC), 4.10%, 7/1/40 | &nbsp;&nbsp;&nbsp;&nbsp;4900 | &nbsp;&nbsp;&nbsp;&nbsp; 4948099 |
| California Municipal Finance Authority, (Gibson Drive Apartments), (FNMA), 4.45%, 12/1/42 | &nbsp;&nbsp;&nbsp;&nbsp;2330 | &nbsp;&nbsp;&nbsp;&nbsp; 2351129 |
| California Municipal Finance Authority, (Maison's Sierra Phase 2), (FNMA), 4.45%, 11/1/43 | &nbsp;&nbsp;&nbsp;&nbsp;5000 | &nbsp;&nbsp;&nbsp;&nbsp; 4977574 |
| Independent Cities Finance Authority, CA, (Castle Mobile Estates), 3.00%, 5/15/36 | &nbsp;&nbsp;&nbsp;&nbsp;1045 | &nbsp;&nbsp;&nbsp;&nbsp; 984716 |
| Independent Cities Finance Authority, CA, (Vista de Santa Barbara Mobilehome Park), 3.00%, 9/15/36 | &nbsp;&nbsp;&nbsp;&nbsp;1595 | &nbsp;&nbsp;&nbsp;&nbsp; 1496557 |
| Los Angeles Housing Authority, CA, (Claredon Apartments), 4.15%, 12/1/44 | &nbsp;&nbsp;&nbsp;&nbsp;2500 | &nbsp;&nbsp;&nbsp;&nbsp; 2405085 |
|  |  | &nbsp;&nbsp;**$18663940** |
| Industrial Development Revenue — 2.9% | Industrial Development Revenue — 2.9% | Industrial Development Revenue — 2.9% |
| California Municipal Finance Authority, (LINXS Automated People Mover), (AMT), 5.00%, 12/31/43 | $14165 | &nbsp;&nbsp;$14235697 |
| California Municipal Finance Authority, (Republic Services, Inc.), (AMT), 4.375% to 9/1/33 (Put Date), 9/1/53 | &nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp; 2082378 |
| California Municipal Finance Authority, (United Airlines, Inc. Los Angeles International Airport), (AMT), 4.00%, 7/15/29 | 10130 | &nbsp;&nbsp;&nbsp;&nbsp; 10178750 |
| California Municipal Finance Authority, (Waste Management, Inc.): |  |  |
| &nbsp;&nbsp;&nbsp;(AMT), 3.375% to 9/1/28 (Put Date), 9/1/50 | &nbsp;&nbsp;&nbsp;&nbsp;1250 | &nbsp;&nbsp;&nbsp;&nbsp; 1243492 |

---

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Industrial Development Revenue (continued) | Industrial Development Revenue (continued) | Industrial Development Revenue (continued) |
| California Municipal Finance Authority, (Waste Management, Inc.): (continued) |  |  |
| &nbsp;&nbsp;&nbsp;(AMT), 3.45% to 12/1/26 (Put Date), 12/1/44 | $&nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;$2000740 |
|  |  | &nbsp;&nbsp;**$29741057** |
| Insured - Electric Utilities — 0.2% | Insured - Electric Utilities — 0.2% | Insured - Electric Utilities — 0.2% |
| Puerto Rico Electric Power Authority, (NPFG), 5.25%, 7/1/32 | $&nbsp;&nbsp;&nbsp;&nbsp;2100 | &nbsp;&nbsp;$2134232 |
|  |  | &nbsp;&nbsp;**$2134232** |
| Insured - General Obligations — 6.9% | Insured - General Obligations — 6.9% | Insured - General Obligations — 6.9% |
| Bassett Unified School District, CA, (Election of 2020), (BAM), 5.25%, 8/1/50 | $&nbsp;&nbsp;&nbsp;&nbsp;1580 | &nbsp;&nbsp;$1708836 |
| Biggs Unified High School District, CA, (Election of 2024), (BAM), 5.00%, 8/1/54 | &nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp; 1059872 |
| Byron Union School District, CA, (Election of 2024), (BAM), 4.00%, 8/1/47 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;505 | &nbsp;&nbsp;&nbsp;&nbsp; 489030 |
| Carmichael Recreation and Park District, CA: |  |  |
| &nbsp;&nbsp;&nbsp;(BAM), 5.00%, 8/1/41 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;290 | &nbsp;&nbsp;&nbsp;&nbsp; 322723 |
| &nbsp;&nbsp;&nbsp;(BAM), 5.00%, 8/1/55 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30 | &nbsp;&nbsp;&nbsp;&nbsp; 31377 |
| Central Unified School District, CA, (AG), 3.00%, 8/1/38 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;920 | &nbsp;&nbsp;&nbsp;&nbsp; 851974 |
| Cottonwood Union School District, CA, (Election of 2024): |  |  |
| &nbsp;&nbsp;&nbsp;(AG), 5.00%, 8/1/50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;545 | &nbsp;&nbsp;&nbsp;&nbsp; 579288 |
| &nbsp;&nbsp;&nbsp;(AG), 5.00%, 8/1/54 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;770 | &nbsp;&nbsp;&nbsp;&nbsp; 814620 |
| Durham Unified School District, CA, (Election of 2024), (BAM), 5.00%, 8/1/54 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;225 | &nbsp;&nbsp;&nbsp;&nbsp; 235583 |
| Eastern Sierra Unified School District, CA: |  |  |
| &nbsp;&nbsp;&nbsp;(BAM), 0.00%, 8/1/34 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;380 | &nbsp;&nbsp;&nbsp;&nbsp; 287074 |
| &nbsp;&nbsp;&nbsp;(BAM), 0.00%, 8/1/35 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;225 | &nbsp;&nbsp;&nbsp;&nbsp; 161570 |
| &nbsp;&nbsp;&nbsp;(BAM), 0.00%, 8/1/36 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;320 | &nbsp;&nbsp;&nbsp;&nbsp; 216839 |
| &nbsp;&nbsp;&nbsp;(BAM), 0.00%, 8/1/37 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;350 | &nbsp;&nbsp;&nbsp;&nbsp; 223754 |
| &nbsp;&nbsp;&nbsp;(BAM), 0.00%, 8/1/39 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;340 | &nbsp;&nbsp;&nbsp;&nbsp; 192859 |
| El Rancho Unified School District, CA, (Election of 2016), (BAM), 5.75%, 8/1/48 | &nbsp;&nbsp;&nbsp;&nbsp;1500 | &nbsp;&nbsp;&nbsp;&nbsp; 1692386 |
| Fulton-El Camino Recreation and Park District, CA, (Election of 2024), (BAM), 5.25%, 8/1/55 | &nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp; 2126411 |
| Glendale Unified School District, CA, (Election of 2011), (BAM), 3.00%, 9/1/39 | &nbsp;&nbsp;&nbsp;&nbsp;8140 | &nbsp;&nbsp;&nbsp;&nbsp; 7650985 |
| Gonzales Unified School District, CA, (Election of 2020), (BAM), 5.25%, 8/1/50 | &nbsp;&nbsp;&nbsp;&nbsp;1500 | &nbsp;&nbsp;&nbsp;&nbsp; 1618789 |
| Hayward Unified School District, CA, (Election of 2024): |  |  |
| &nbsp;&nbsp;&nbsp;(BAM), 5.00%, 8/1/43 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;485 | &nbsp;&nbsp;&nbsp;&nbsp; 533770 |
| &nbsp;&nbsp;&nbsp;(BAM), 5.00%, 8/1/44 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;&nbsp; 544603 |
| &nbsp;&nbsp;&nbsp;(BAM), 5.00%, 8/1/46 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;570 | &nbsp;&nbsp;&nbsp;&nbsp; 610091 |

---

------

Eaton Vance<br>

California Municipal Opportunities Fund

December 31, 2025

Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Insured - General Obligations (continued) | Insured - General Obligations (continued) | Insured - General Obligations (continued) |
| Hayward Unified School District, CA, (Election of 2024): (continued) |  |  |
| &nbsp;&nbsp;&nbsp;(BAM), 5.00%, 8/1/47 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;455 | &nbsp;&nbsp;$485286 |
| &nbsp;&nbsp;&nbsp;(BAM), 5.00%, 8/1/50 | &nbsp;&nbsp;&nbsp;&nbsp;1500 | &nbsp;&nbsp;&nbsp;&nbsp; 1580734 |
| Lake Tahoe Unified School District, CA, (Election of 2024): |  |  |
| &nbsp;&nbsp;&nbsp;(BAM), 5.00%, 8/1/44 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;115 | &nbsp;&nbsp;&nbsp;&nbsp; 125407 |
| &nbsp;&nbsp;&nbsp;(BAM), 5.00%, 8/1/45 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;175 | &nbsp;&nbsp;&nbsp;&nbsp; 189198 |
| &nbsp;&nbsp;&nbsp;(BAM), 5.00%, 8/1/50 | &nbsp;&nbsp;&nbsp;&nbsp;3610 | &nbsp;&nbsp;&nbsp;&nbsp; 3818265 |
| &nbsp;&nbsp;&nbsp;(BAM), 5.00%, 8/1/54 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;210 | &nbsp;&nbsp;&nbsp;&nbsp; 221179 |
| Long Beach Unified School District, CA, (Election of 1999), (AG), 0.00%, 8/1/27 | &nbsp;&nbsp;&nbsp;&nbsp;2815 | &nbsp;&nbsp;&nbsp;&nbsp; 2696007 |
| Mount Pleasant Elementary School District, CA: |  |  |
| &nbsp;&nbsp;&nbsp;(AG), 4.00%, 8/1/47 | &nbsp;&nbsp;&nbsp;&nbsp;2200 | &nbsp;&nbsp;&nbsp;&nbsp; 2132205 |
| &nbsp;&nbsp;&nbsp;(AG), 5.00%, 8/1/41 | &nbsp;&nbsp;&nbsp;&nbsp;1155 | &nbsp;&nbsp;&nbsp;&nbsp; 1318394 |
| &nbsp;&nbsp;&nbsp;(AG), 5.00%, 8/1/42 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;365 | &nbsp;&nbsp;&nbsp;&nbsp; 410980 |
| Mount Pleasant Elementary School District, CA, (Election of 2024): |  |  |
| &nbsp;&nbsp;&nbsp;(AG), 5.00%, 8/1/42 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;250 | &nbsp;&nbsp;&nbsp;&nbsp; 281493 |
| &nbsp;&nbsp;&nbsp;(AG), 5.00%, 8/1/43 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;450 | &nbsp;&nbsp;&nbsp;&nbsp; 500070 |
| &nbsp;&nbsp;&nbsp;(AG), 5.00%, 8/1/44 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;485 | &nbsp;&nbsp;&nbsp;&nbsp; 530703 |
| &nbsp;&nbsp;&nbsp;(AG), 5.00%, 8/1/45 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;620 | &nbsp;&nbsp;&nbsp;&nbsp; 670517 |
| &nbsp;&nbsp;&nbsp;(AG), 5.00%, 8/1/50 | &nbsp;&nbsp;&nbsp;&nbsp;1200 | &nbsp;&nbsp;&nbsp;&nbsp; 1266117 |
| &nbsp;&nbsp;&nbsp;(AG), 5.00%, 8/1/50 | &nbsp;&nbsp;&nbsp;&nbsp;1375 | &nbsp;&nbsp;&nbsp;&nbsp; 1450759 |
| Mountain View School District Los Angeles County, CA, (Election of 2020), (BAM), 5.00%, 8/1/54 | &nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp; 2122709 |
| Napa Valley Unified School District, CA, (Election of 2022): |  |  |
| &nbsp;&nbsp;&nbsp;(BAM), 5.00%, 8/1/44 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;180 | &nbsp;&nbsp;&nbsp;&nbsp; 196565 |
| &nbsp;&nbsp;&nbsp;(BAM), 5.00%, 8/1/50 | &nbsp;&nbsp;&nbsp;&nbsp;1820 | &nbsp;&nbsp;&nbsp;&nbsp; 1928598 |
| Patterson Joint Unified School District, CA, (Election of 2022): |  |  |
| &nbsp;&nbsp;&nbsp;(BAM), 5.00%, 8/1/44 | &nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp; 1089205 |
| &nbsp;&nbsp;&nbsp;(BAM), 5.00%, 8/1/49 | &nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp; 2126228 |
| &nbsp;&nbsp;&nbsp;(BAM), 5.00%, 8/1/55 | &nbsp;&nbsp;&nbsp;&nbsp;1350 | &nbsp;&nbsp;&nbsp;&nbsp; 1412436 |
| Ravenswood City School District, CA, (Election of 2022): |  |  |
| &nbsp;&nbsp;&nbsp;(AG), 0.00%, 8/1/39 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;300 | &nbsp;&nbsp;&nbsp;&nbsp; 175358 |
| &nbsp;&nbsp;&nbsp;(AG), 0.00%, 8/1/40 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;650 | &nbsp;&nbsp;&nbsp;&nbsp; 357690 |
| &nbsp;&nbsp;&nbsp;(AG), 0.00%, 8/1/41 | &nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp; 516752 |
| &nbsp;&nbsp;&nbsp;(AG), 0.00%, 8/1/42 | &nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp; 482884 |
| &nbsp;&nbsp;&nbsp;(AG), 0.00%, 8/1/43 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;850 | &nbsp;&nbsp;&nbsp;&nbsp; 384319 |
| &nbsp;&nbsp;&nbsp;(AG), 0.00%, 8/1/44 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;945 | &nbsp;&nbsp;&nbsp;&nbsp; 400677 |
| &nbsp;&nbsp;&nbsp;(AG), 0.00%, 8/1/45 | &nbsp;&nbsp;&nbsp;&nbsp;1055 | &nbsp;&nbsp;&nbsp;&nbsp; 420455 |
| &nbsp;&nbsp;&nbsp;(AG), 4.50%, 8/1/52 | &nbsp;&nbsp;&nbsp;&nbsp;1150 | &nbsp;&nbsp;&nbsp;&nbsp; 1150260 |
| &nbsp;&nbsp;&nbsp;(AG), 5.00%, 8/1/37 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;125 | &nbsp;&nbsp;&nbsp;&nbsp; 148377 |

---

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Insured - General Obligations (continued) | Insured - General Obligations (continued) | Insured - General Obligations (continued) |
| Riverbank Unified School District, CA, (Election of 2018), (AG), 5.50%, 8/1/52 | $&nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;$1085853 |
| Sacramento City Unified School District, CA, (Election of 2024), (AG), 5.00%, 8/1/50 | &nbsp;&nbsp;&nbsp;&nbsp;5000 | &nbsp;&nbsp;&nbsp;&nbsp; 5259430 |
| Sanger Unified School District, CA, (Election of 2024), (BAM), 5.25%, 8/1/51 | &nbsp;&nbsp;&nbsp;&nbsp;2160 | &nbsp;&nbsp;&nbsp;&nbsp; 2334163 |
| Simi Valley Unified School District, CA, (Election of 2004), (AG), 0.00%, 8/1/28 | &nbsp;&nbsp;&nbsp;&nbsp;4900 | &nbsp;&nbsp;&nbsp;&nbsp; 4587624 |
| Temecula Valley Unified School District, CA, (Election of 2012), (AG), 4.00%, 8/1/45 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;865 | &nbsp;&nbsp;&nbsp;&nbsp; 841669 |
| Ukiah Unified School District, CA, (Election of 2020), (AG), 5.50%, 8/1/49 | &nbsp;&nbsp;&nbsp;&nbsp;2350 | &nbsp;&nbsp;&nbsp;&nbsp; 2543159 |
| Washington Township Health Care District, CA, (Election of 2020), (AG), 4.125%, 8/1/42 | &nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp; 1025261 |
|  |  | &nbsp;&nbsp;**$70219420** |
| Insured - Hospital — 1.0% | Insured - Hospital — 1.0% | Insured - Hospital — 1.0% |
| California Health Facilities Financing Authority, (Adventist Health System), (AG), 4.00%, 3/1/39 | $&nbsp;&nbsp;&nbsp;&nbsp;5530 | &nbsp;&nbsp;$5496505 |
| California Health Facilities Financing Authority, (Kaiser Permanente), (BAM), 4.00%, 11/1/44 | &nbsp;&nbsp;&nbsp;&nbsp;4335 | &nbsp;&nbsp;&nbsp;&nbsp; 4154008 |
| Cambria Community Healthcare District, CA: |  |  |
| &nbsp;&nbsp;&nbsp;(BAM), 5.00%, 8/1/45 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;380 | &nbsp;&nbsp;&nbsp;&nbsp; 407104 |
| &nbsp;&nbsp;&nbsp;(BAM), 5.00%, 8/1/50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;135 | &nbsp;&nbsp;&nbsp;&nbsp; 142390 |
|  |  | &nbsp;&nbsp;**$10200007** |
| Insured - Lease Revenue/Certificates of Participation — 0.4% | Insured - Lease Revenue/Certificates of Participation — 0.4% | Insured - Lease Revenue/Certificates of Participation — 0.4% |
| Inglewood Joint Powers Authority, CA, (Inglewood Main Library Renovation and Seismic Retrofit): |  |  |
| &nbsp;&nbsp;&nbsp;(BAM), 5.00%, 8/1/45 | $&nbsp;&nbsp;&nbsp;&nbsp;1100 | &nbsp;&nbsp;$1180159 |
| &nbsp;&nbsp;&nbsp;(BAM), 5.25%, 8/1/50 | &nbsp;&nbsp;&nbsp;&nbsp;2500 | &nbsp;&nbsp;&nbsp;&nbsp; 2679662 |
|  |  | &nbsp;&nbsp;**$3859821** |
| Insured - Special Tax Revenue — 2.1% | Insured - Special Tax Revenue — 2.1% | Insured - Special Tax Revenue — 2.1% |
| Elk Grove Finance Authority, CA: |  |  |
| &nbsp;&nbsp;&nbsp;(AG), 5.00%, 9/1/43 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;650 | &nbsp;&nbsp;$711244 |
| &nbsp;&nbsp;&nbsp;(AG), 5.00%, 9/1/47 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;505 | &nbsp;&nbsp;&nbsp;&nbsp; 533308 |
| Golden Valley Unified School District Financing Authority, CA: |  |  |
| &nbsp;&nbsp;&nbsp;(AG), 5.00%, 9/1/41 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;325 | &nbsp;&nbsp;&nbsp;&nbsp; 358471 |
| &nbsp;&nbsp;&nbsp;(AG), 5.00%, 9/1/42 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;350 | &nbsp;&nbsp;&nbsp;&nbsp; 381680 |
| &nbsp;&nbsp;&nbsp;(AG), 5.00%, 9/1/43 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;300 | &nbsp;&nbsp;&nbsp;&nbsp; 324904 |
| &nbsp;&nbsp;&nbsp;(AG), 5.00%, 9/1/45 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;270 | &nbsp;&nbsp;&nbsp;&nbsp; 287487 |
| &nbsp;&nbsp;&nbsp;(AG), 5.00%, 9/1/56 | &nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp; 2078054 |
| RNR School Financing Authority Community Facilities District No. 92-1, CA: |  |  |
| &nbsp;&nbsp;&nbsp;(BAM), 4.00%, 9/1/40 | &nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp; 1030821 |

---

------

Eaton Vance<br>

California Municipal Opportunities Fund

December 31, 2025

Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Insured - Special Tax Revenue (continued) | Insured - Special Tax Revenue (continued) | Insured - Special Tax Revenue (continued) |
| RNR School Financing Authority Community Facilities District No. 92-1, CA: (continued) |  |  |
| &nbsp;&nbsp;&nbsp;(BAM), 4.00%, 9/1/42 | $&nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;$1011766 |
| San Clemente, CA: |  |  |
| &nbsp;&nbsp;&nbsp;(BAM), 5.00%, 9/1/43 | &nbsp;&nbsp;&nbsp;&nbsp;3160 | &nbsp;&nbsp;&nbsp;&nbsp; 3481011 |
| &nbsp;&nbsp;&nbsp;(BAM), 5.00%, 9/1/45 | &nbsp;&nbsp;&nbsp;&nbsp;1775 | &nbsp;&nbsp;&nbsp;&nbsp; 1917819 |
| San Francisco City and County Redevelopment Agency, CA, (Transbay Infrastructure), (AG), 5.00%, 8/1/48 | &nbsp;&nbsp;&nbsp;&nbsp;1750 | &nbsp;&nbsp;&nbsp;&nbsp; 1825344 |
| Tracy Community Facilities District, CA: |  |  |
| &nbsp;&nbsp;&nbsp;(BAM), 5.00%, 9/1/42 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;300 | &nbsp;&nbsp;&nbsp;&nbsp; 327407 |
| &nbsp;&nbsp;&nbsp;(BAM), 5.00%, 9/1/43 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;250 | &nbsp;&nbsp;&nbsp;&nbsp; 269503 |
| &nbsp;&nbsp;&nbsp;(BAM), 5.00%, 9/1/44 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;225 | &nbsp;&nbsp;&nbsp;&nbsp; 239604 |
| &nbsp;&nbsp;&nbsp;(BAM), 5.00%, 9/1/45 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;585 | &nbsp;&nbsp;&nbsp;&nbsp; 617172 |
| &nbsp;&nbsp;&nbsp;(BAM), 5.00%, 9/1/50 | &nbsp;&nbsp;&nbsp;&nbsp;3000 | &nbsp;&nbsp;&nbsp;&nbsp; 3119970 |
| &nbsp;&nbsp;&nbsp;(BAM), 5.00%, 9/1/54 | &nbsp;&nbsp;&nbsp;&nbsp;3000 | &nbsp;&nbsp;&nbsp;&nbsp; 3094149 |
|  |  | &nbsp;&nbsp;**$21609714** |
| Insured - Water and Sewer — 0.4% | Insured - Water and Sewer — 0.4% | Insured - Water and Sewer — 0.4% |
| Mountain House Financing Authority, CA, Utility Systems Revenue, Green Bonds, (BAM), 4.125%, 12/1/48 | $&nbsp;&nbsp;&nbsp;&nbsp;2875 | &nbsp;&nbsp;$2754470 |
| Stockton-East Water District, CA, Green Bonds, (BAM), 5.00%, 3/1/50 | &nbsp;&nbsp;&nbsp;&nbsp;1260 | &nbsp;&nbsp;&nbsp;&nbsp; 1318496 |
|  |  | &nbsp;&nbsp;**$4072966** |
| Lease Revenue/Certificates of Participation — 2.5% | Lease Revenue/Certificates of Participation — 2.5% | Lease Revenue/Certificates of Participation — 2.5% |
| California Municipal Finance Authority, (Mammoth Hospital): |  |  |
| &nbsp;&nbsp;&nbsp;5.25%, 6/1/41 | $&nbsp;&nbsp;&nbsp;&nbsp;1280 | &nbsp;&nbsp;$1415856 |
| &nbsp;&nbsp;&nbsp;5.25%, 6/1/42 | &nbsp;&nbsp;&nbsp;&nbsp;1365 | &nbsp;&nbsp;&nbsp;&nbsp; 1496770 |
| &nbsp;&nbsp;&nbsp;5.25%, 6/1/43 | &nbsp;&nbsp;&nbsp;&nbsp;1450 | &nbsp;&nbsp;&nbsp;&nbsp; 1574942 |
| &nbsp;&nbsp;&nbsp;5.25%, 6/1/44 | &nbsp;&nbsp;&nbsp;&nbsp;1535 | &nbsp;&nbsp;&nbsp;&nbsp; 1649823 |
| &nbsp;&nbsp;&nbsp;5.25%, 6/1/45 | &nbsp;&nbsp;&nbsp;&nbsp;1505 | &nbsp;&nbsp;&nbsp;&nbsp; 1602052 |
| &nbsp;&nbsp;&nbsp;5.25%, 6/1/50 | &nbsp;&nbsp;&nbsp;&nbsp;4250 | &nbsp;&nbsp;&nbsp;&nbsp; 4432267 |
| California State Public Works Board: |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 11/1/43 | &nbsp;&nbsp;&nbsp;&nbsp;3000 | &nbsp;&nbsp;&nbsp;&nbsp; 3322667 |
| &nbsp;&nbsp;&nbsp;5.00%, 11/1/44 | &nbsp;&nbsp;&nbsp;&nbsp;2685 | &nbsp;&nbsp;&nbsp;&nbsp; 2948030 |
| &nbsp;&nbsp;&nbsp;5.00%, 11/1/45 | &nbsp;&nbsp;&nbsp;&nbsp;2250 | &nbsp;&nbsp;&nbsp;&nbsp; 2449747 |
| Fontana Public Facilities Financing Authority, CA, 5.00%, 11/1/50 | &nbsp;&nbsp;&nbsp;&nbsp;4500 | &nbsp;&nbsp;&nbsp;&nbsp; 4774095 |
|  |  | &nbsp;&nbsp;**$25666249** |
| Other Revenue — 5.5% | Other Revenue — 5.5% | Other Revenue — 5.5% |
| California Community Choice Financing Authority, Clean Energy Project Revenue: |  |  |
| &nbsp;&nbsp;&nbsp;Green Bonds, 5.00%, 12/1/35 | $&nbsp;&nbsp;&nbsp;&nbsp;7000 | &nbsp;&nbsp;$7687047 |

---

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Other Revenue (continued) | Other Revenue (continued) | Other Revenue (continued) |
| California Community Choice Financing Authority, Clean Energy Project Revenue: (continued) |  |  |
| &nbsp;&nbsp;&nbsp;Green Bonds, 5.00% to 8/1/29 (Put Date), 12/1/53 | $&nbsp;&nbsp;&nbsp;&nbsp;8030 | &nbsp;&nbsp;$8419470 |
| &nbsp;&nbsp;&nbsp;Green Bonds, 5.00% to 12/1/32 (Put Date), 1/1/55 | 12635 | &nbsp;&nbsp;&nbsp;&nbsp; 13176467 |
| &nbsp;&nbsp;&nbsp;Green Bonds, 5.00% to 11/1/32 (Put Date), 2/1/55 | 10000 | &nbsp;&nbsp;&nbsp;&nbsp; 10817324 |
| &nbsp;&nbsp;&nbsp;Green Bonds, 5.00% to 10/1/32 (Put Date), 8/1/55 | &nbsp;&nbsp;&nbsp;&nbsp;7000 | &nbsp;&nbsp;&nbsp;&nbsp; 7419785 |
| &nbsp;&nbsp;&nbsp;Green Bonds, 5.50% to 11/1/30 (Put Date), 10/1/54 | &nbsp;&nbsp;&nbsp;&nbsp;4325 | &nbsp;&nbsp;&nbsp;&nbsp; 4721687 |
| California Public Finance Authority, (Hazelden Betty Ford Foundation), 5.00%, 11/1/49 | &nbsp;&nbsp;&nbsp;&nbsp;3000 | &nbsp;&nbsp;&nbsp;&nbsp; 3040603 |
| Morongo Band of Mission Indians, CA, 5.00%, 10/1/42<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;440 | &nbsp;&nbsp;&nbsp;&nbsp; 445924 |
|  |  | &nbsp;&nbsp;**$55728307** |
| Senior Living/Life Care — 1.7% | Senior Living/Life Care — 1.7% | Senior Living/Life Care — 1.7% |
| California Health Facilities Financing Authority, (Episcopal Communities and Services): |  |  |
| &nbsp;&nbsp;&nbsp;3.85%, 11/15/27 | $&nbsp;&nbsp;&nbsp;&nbsp;1500 | &nbsp;&nbsp;$1501089 |
| &nbsp;&nbsp;&nbsp;5.25%, 11/15/48 | &nbsp;&nbsp;&nbsp;&nbsp;1645 | &nbsp;&nbsp;&nbsp;&nbsp; 1693155 |
| California Municipal Finance Authority, (HumanGood - California Obligated Group): |  |  |
| &nbsp;&nbsp;&nbsp;4.00%, 10/1/38 | &nbsp;&nbsp;&nbsp;&nbsp;3790 | &nbsp;&nbsp;&nbsp;&nbsp; 3792487 |
| &nbsp;&nbsp;&nbsp;5.00%, 10/1/43 | &nbsp;&nbsp;&nbsp;&nbsp;2980 | &nbsp;&nbsp;&nbsp;&nbsp; 3066510 |
| &nbsp;&nbsp;&nbsp;5.25%, 10/1/44 | &nbsp;&nbsp;&nbsp;&nbsp;1505 | &nbsp;&nbsp;&nbsp;&nbsp; 1568523 |
| California Public Finance Authority, (Enso Village), Green Bonds, 5.00%, 11/15/46<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;1075 | &nbsp;&nbsp;&nbsp;&nbsp; 984890 |
| California Statewide Communities Development Authority, (Sequoia Living): |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 7/1/42 | &nbsp;&nbsp;&nbsp;&nbsp;2010 | &nbsp;&nbsp;&nbsp;&nbsp; 2202267 |
| &nbsp;&nbsp;&nbsp;5.00%, 7/1/43 | &nbsp;&nbsp;&nbsp;&nbsp;2110 | &nbsp;&nbsp;&nbsp;&nbsp; 2294496 |
| &nbsp;&nbsp;&nbsp;5.00%, 7/1/55 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;675 | &nbsp;&nbsp;&nbsp;&nbsp; 706866 |
|  |  | &nbsp;&nbsp;**$17810283** |
| Special Tax Revenue — 0.4% | Special Tax Revenue — 0.4% | Special Tax Revenue — 0.4% |
| Irvine Community Facilities District No. 2013-3, CA, (Great Park): |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 9/1/35 | $&nbsp;&nbsp;&nbsp;&nbsp;1150 | &nbsp;&nbsp;$1185759 |
| &nbsp;&nbsp;&nbsp;5.00%, 9/1/38 | &nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp; 1030848 |
| &nbsp;&nbsp;&nbsp;Series 2018, 5.00%, 9/1/32 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;625 | &nbsp;&nbsp;&nbsp;&nbsp; 644553 |
| &nbsp;&nbsp;&nbsp;Series 2018, 5.00%, 9/1/34 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;765 | &nbsp;&nbsp;&nbsp;&nbsp; 788840 |
| San Luis Obispo Community Facilities District No. 2019-1, CA, (San Luis Ranch), 4.00%, 9/1/33 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;125 | &nbsp;&nbsp;&nbsp;&nbsp; 128553 |
|  |  | &nbsp;&nbsp;**$3778553** |
| Transportation — 12.1% | Transportation — 12.1% | Transportation — 12.1% |
| Bay Area Toll Authority, CA, (San Francisco Bay Area): |  |  |
| &nbsp;&nbsp;&nbsp;3.62%, (SIFMA + 0.30%), 4/1/56<sup>(2)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;5000 | &nbsp;&nbsp;$4958695 |

---

------

Eaton Vance<br>

California Municipal Opportunities Fund

December 31, 2025

Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Transportation (continued) | Transportation (continued) | Transportation (continued) |
| Bay Area Toll Authority, CA, (San Francisco Bay Area): <br> (continued) |  |  |
| &nbsp;&nbsp;&nbsp;3.77%, (SIFMA + 0.45%), 4/1/56<sup>(2)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;800 | &nbsp;&nbsp;$798929 |
| &nbsp;&nbsp;&nbsp;(LOC: Barclays Bank PLC), 1.70%, 4/1/55<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;8000 | &nbsp;&nbsp;&nbsp;&nbsp; 8000000 |
| Burbank-Glendale-Pasadena Airport Authority Brick Campaign, CA: |  |  |
| &nbsp;&nbsp;&nbsp;(AMT), 5.25%, 7/1/40 | &nbsp;&nbsp;&nbsp;&nbsp;2250 | &nbsp;&nbsp;&nbsp;&nbsp; 2478641 |
| &nbsp;&nbsp;&nbsp;(AMT), 5.25%, 7/1/44 | &nbsp;&nbsp;&nbsp;&nbsp;4250 | &nbsp;&nbsp;&nbsp;&nbsp; 4511220 |
| California Municipal Finance Authority, (LINXS Automated People Mover): |  |  |
| &nbsp;&nbsp;&nbsp;(AMT), 5.00%, 12/31/37 | &nbsp;&nbsp;&nbsp;&nbsp;2570 | &nbsp;&nbsp;&nbsp;&nbsp; 2622381 |
| &nbsp;&nbsp;&nbsp;(AMT), 5.00%, 12/31/47 | &nbsp;&nbsp;&nbsp;&nbsp;7705 | &nbsp;&nbsp;&nbsp;&nbsp; 7706440 |
| Los Angeles Department of Airports, CA, (Los Angeles International Airport): |  |  |
| &nbsp;&nbsp;&nbsp;(AMT), 5.00%, 5/15/38 | &nbsp;&nbsp;&nbsp;&nbsp;3215 | &nbsp;&nbsp;&nbsp;&nbsp; 3291877 |
| &nbsp;&nbsp;&nbsp;(AMT), 5.00%, 5/15/44 | &nbsp;&nbsp;&nbsp;&nbsp;3700 | &nbsp;&nbsp;&nbsp;&nbsp; 3771408 |
| &nbsp;&nbsp;&nbsp;(AMT), 5.25%, 5/15/48 | 17435 | &nbsp;&nbsp;&nbsp;&nbsp; 17663001 |
| &nbsp;&nbsp;&nbsp;(AMT), 5.50%, 5/15/47 | 10000 | &nbsp;&nbsp;&nbsp;&nbsp; 10546201 |
| &nbsp;&nbsp;&nbsp;Green Bonds, 5.00%, 5/15/42 | &nbsp;&nbsp;&nbsp;&nbsp;5000 | &nbsp;&nbsp;&nbsp;&nbsp; 5645607 |
| &nbsp;&nbsp;&nbsp;Green Bonds, 5.00%, 5/15/43 | &nbsp;&nbsp;&nbsp;&nbsp;5000 | &nbsp;&nbsp;&nbsp;&nbsp; 5579616 |
| &nbsp;&nbsp;&nbsp;Green Bonds, (AMT), 4.00%, 5/15/47 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;575 | &nbsp;&nbsp;&nbsp;&nbsp; 527487 |
| Sacramento County, CA, Airport System Revenue, (AMT), 5.25%, 7/1/50 | &nbsp;&nbsp;&nbsp;&nbsp;8530 | &nbsp;&nbsp;&nbsp;&nbsp; 8942498 |
| San Diego County Regional Airport Authority, CA: |  |  |
| &nbsp;&nbsp;&nbsp;(AMT), 5.00%, 7/1/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;600 | &nbsp;&nbsp;&nbsp;&nbsp; 666908 |
| &nbsp;&nbsp;&nbsp;(AMT), 5.00%, 7/1/33 | &nbsp;&nbsp;&nbsp;&nbsp;1500 | &nbsp;&nbsp;&nbsp;&nbsp; 1702389 |
| San Diego County Regional Airport Authority, CA, (San Diego International Airport): |  |  |
| &nbsp;&nbsp;&nbsp;(AMT), 5.00%, 7/1/39 | &nbsp;&nbsp;&nbsp;&nbsp;3000 | &nbsp;&nbsp;&nbsp;&nbsp; 3270685 |
| &nbsp;&nbsp;&nbsp;(AMT), 5.00%, 7/1/42 | &nbsp;&nbsp;&nbsp;&nbsp;6850 | &nbsp;&nbsp;&nbsp;&nbsp; 7253470 |
| &nbsp;&nbsp;&nbsp;(AMT), 5.00%, 7/1/43 | &nbsp;&nbsp;&nbsp;&nbsp;7240 | &nbsp;&nbsp;&nbsp;&nbsp; 7601991 |
| San Francisco City and County Airport Commission, CA, (San Francisco International Airport): |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 5/1/45 | &nbsp;&nbsp;&nbsp;&nbsp;3000 | &nbsp;&nbsp;&nbsp;&nbsp; 3262421 |
| &nbsp;&nbsp;&nbsp;(AMT), 5.00%, 5/1/41 | &nbsp;&nbsp;&nbsp;&nbsp;2485 | &nbsp;&nbsp;&nbsp;&nbsp; 2490849 |
| &nbsp;&nbsp;&nbsp;(AMT), 5.75%, 5/1/48 | &nbsp;&nbsp;&nbsp;&nbsp;9390 | &nbsp;&nbsp;&nbsp;&nbsp; 10080178 |
|  |  | &nbsp;&nbsp;**$123372892** |
| Water and Sewer — 1.7% | Water and Sewer — 1.7% | Water and Sewer — 1.7% |
| San Francisco City and County Public Utilities Commission, CA, Water Revenue, 4.00%, 11/1/39 | $13240 | &nbsp;&nbsp;$13251285 |
| San Mateo-Foster City Public Financing Authority, CA, (Clean Water Program), 5.00%, 8/1/49 | &nbsp;&nbsp;&nbsp;&nbsp;3680 | &nbsp;&nbsp;&nbsp;&nbsp; 3821012 |
|  |  | &nbsp;&nbsp;**$17072297** |
| Total Tax-Exempt Municipal Obligations<br> (identified cost $915,032,968) |  | &nbsp;&nbsp;**$932121378** |

---

Taxable Municipal Obligations — 7.1%

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Education — 0.5% | Education — 0.5% | Education — 0.5% |
| California Municipal Finance Authority, (Albert Einstein Academies), 3.75%, 8/1/31<sup>(1)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;2105 | &nbsp;&nbsp;$1837040 |
| University of California, 3.95%, 7/1/41<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;3500 | &nbsp;&nbsp;&nbsp;&nbsp; 3500000 |
|  |  | &nbsp;&nbsp;**$5337040** |
| General Obligations — 2.1% | General Obligations — 2.1% | General Obligations — 2.1% |
| California, 7.50%, 4/1/34<sup>(5)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;8000 | &nbsp;&nbsp;$9340333 |
| Chaffey Community College District, CA: |  |  |
| &nbsp;&nbsp;&nbsp;4.756%, 6/1/31 | &nbsp;&nbsp;&nbsp;&nbsp;3045 | &nbsp;&nbsp;&nbsp;&nbsp; 3155395 |
| &nbsp;&nbsp;&nbsp;4.812%, 6/1/32 | &nbsp;&nbsp;&nbsp;&nbsp;2870 | &nbsp;&nbsp;&nbsp;&nbsp; 2978770 |
| Huntington Beach Union High School District, CA, 1.884%, 8/1/29 | &nbsp;&nbsp;&nbsp;&nbsp;1775 | &nbsp;&nbsp;&nbsp;&nbsp; 1655709 |
| Palmdale School District, CA, 1.67%, 8/1/29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;&nbsp; 462855 |
| San Diego Community College District, CA, 2.013%, 8/1/30 | &nbsp;&nbsp;&nbsp;&nbsp;2600 | &nbsp;&nbsp;&nbsp;&nbsp; 2404501 |
| San Mateo Union High School District, CA, 2.111%, 9/1/34 | &nbsp;&nbsp;&nbsp;&nbsp;1220 | &nbsp;&nbsp;&nbsp;&nbsp; 1027647 |
|  |  | &nbsp;&nbsp;**$21025210** |
| Hospital — 0.2% | Hospital — 0.2% | Hospital — 0.2% |
| California Infrastructure and Economic Development Bank, (Adventist Health Energy), 5.929%, 7/1/34 | $&nbsp;&nbsp;&nbsp;&nbsp;2140 | &nbsp;&nbsp;$2207954 |
|  |  | &nbsp;&nbsp;**$2207954** |
| Housing — 1.4% | Housing — 1.4% | Housing — 1.4% |
| California Municipal Finance Authority, (View at San Bruno LP), 4.50% to 7/1/27 (Put Date), 7/1/28 | $10000 | &nbsp;&nbsp;$10103687 |
| California Municipal Finance Authority, (Witmer Manor Community Partners LP), (FNMA), 6.00%, 11/1/43 | &nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp; 1016278 |
| Independent Cities Finance Authority, CA, (Sahara Mobile Home Park): |  |  |
| &nbsp;&nbsp;&nbsp;3.20%, 6/15/41 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;775 | &nbsp;&nbsp;&nbsp;&nbsp; 564344 |
| &nbsp;&nbsp;&nbsp;3.20%, 6/15/56 | &nbsp;&nbsp;&nbsp;&nbsp;3685 | &nbsp;&nbsp;&nbsp;&nbsp; 2067441 |
|  |  | &nbsp;&nbsp;**$13751750** |
| Insured - General Obligations — 0.3% | Insured - General Obligations — 0.3% | Insured - General Obligations — 0.3% |
| Mojave Unified School District, CA, (BAM), 2.731%, 8/1/37 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;$412145 |
| Peralta Community College District, CA, (NPFG), (LOC: Barclays Bank PLC), 3.85%, 8/5/31<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;2500 | &nbsp;&nbsp;&nbsp;&nbsp; 2500000 |
|  |  | &nbsp;&nbsp;**$2912145** |

---

------

Eaton Vance<br>

California Municipal Opportunities Fund

December 31, 2025

Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Insured - Lease Revenue/Certificates of Participation — 0.2% | Insured - Lease Revenue/Certificates of Participation — 0.2% | Insured - Lease Revenue/Certificates of Participation — 0.2% |
| Fresno County, CA, (BAM), (NPFG), 0.00%, 8/15/31 | $&nbsp;&nbsp;&nbsp;&nbsp;2745 | &nbsp;&nbsp;$2171906 |
|  |  | &nbsp;&nbsp;**$2171906** |
| Insured - Special Tax Revenue — 0.2% | Insured - Special Tax Revenue — 0.2% | Insured - Special Tax Revenue — 0.2% |
| Rio Elementary School District Community Facilities District No. 1, CA: |  |  |
| &nbsp;&nbsp;&nbsp;(BAM), 1.826%, 9/1/28 | $&nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;$941560 |
| &nbsp;&nbsp;&nbsp;(BAM), 2.307%, 9/1/31 | &nbsp;&nbsp;&nbsp;&nbsp;1500 | &nbsp;&nbsp;&nbsp;&nbsp; 1335940 |
|  |  | &nbsp;&nbsp;**$2277500** |
| Insured - Transportation — 0.8% | Insured - Transportation — 0.8% | Insured - Transportation — 0.8% |
| Alameda Corridor Transportation Authority, CA: |  |  |
| &nbsp;&nbsp;&nbsp;(AMBAC), 0.00%, 10/1/27 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;740 | &nbsp;&nbsp;$687839 |
| &nbsp;&nbsp;&nbsp;(AMBAC), 0.00%, 10/1/28 | &nbsp;&nbsp;&nbsp;&nbsp;1010 | &nbsp;&nbsp;&nbsp;&nbsp; 897974 |
| San Joaquin Hills Transportation Corridor Agency, CA, (AG), 2.303%, 1/15/28 | &nbsp;&nbsp;&nbsp;&nbsp;7145 | &nbsp;&nbsp;&nbsp;&nbsp; 6949279 |
|  |  | &nbsp;&nbsp;**$8535092** |
| Lease Revenue/Certificates of Participation — 0.7% | Lease Revenue/Certificates of Participation — 0.7% | Lease Revenue/Certificates of Participation — 0.7% |
| California State Public Works Board: |  |  |
| &nbsp;&nbsp;&nbsp;4.859%, 4/1/28 | $&nbsp;&nbsp;&nbsp;&nbsp;3000 | &nbsp;&nbsp;$3069816 |
| &nbsp;&nbsp;&nbsp;4.879%, 4/1/29 | &nbsp;&nbsp;&nbsp;&nbsp;1500 | &nbsp;&nbsp;&nbsp;&nbsp; 1540610 |
| &nbsp;&nbsp;&nbsp;4.917%, 4/1/27 | &nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp; 2028584 |
|  |  | &nbsp;&nbsp;**$6639010** |
| Senior Living/Life Care — 0.1% | Senior Living/Life Care — 0.1% | Senior Living/Life Care — 0.1% |
| California Municipal Finance Authority, (Channing House), 4.51%, 5/15/30 | $&nbsp;&nbsp;&nbsp;&nbsp;1030 | &nbsp;&nbsp;$1024242 |
|  |  | &nbsp;&nbsp;**$1024242** |
| Special Tax Revenue — 0.5% | Special Tax Revenue — 0.5% | Special Tax Revenue — 0.5% |
| Los Angeles County Metropolitan Transportation Authority, CA, Sales Tax Revenue: |  |  |
| &nbsp;&nbsp;&nbsp;4.654%, 7/1/28 | $&nbsp;&nbsp;&nbsp;&nbsp;1640 | &nbsp;&nbsp;$1679116 |
| &nbsp;&nbsp;&nbsp;4.726%, 7/1/27 | &nbsp;&nbsp;&nbsp;&nbsp;1975 | &nbsp;&nbsp;&nbsp;&nbsp; 2008048 |
| &nbsp;&nbsp;&nbsp;4.792%, 7/1/26 | &nbsp;&nbsp;&nbsp;&nbsp;1250 | &nbsp;&nbsp;&nbsp;&nbsp; 1257586 |
| Successor Agency to San Diego Redevelopment Agency, CA, 3.75%, 9/1/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;250 | &nbsp;&nbsp;&nbsp;&nbsp; 249991 |
|  |  | &nbsp;&nbsp;**$5194741** |

---

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Water and Sewer — 0.1% | Water and Sewer — 0.1% | Water and Sewer — 0.1% |
| Santa Clara Valley Water District, CA, 4.57%, 6/1/33 | $&nbsp;&nbsp;&nbsp;&nbsp;1390 | &nbsp;&nbsp;$1408133 |
|  |  | &nbsp;&nbsp;**$1408133** |
| Total Taxable Municipal Obligations<br> (identified cost $73,503,203) |  | &nbsp;&nbsp;**$72484723** |
| Total Investments — 99.0%<br> (identified cost $992,558,398) |  | &nbsp;&nbsp;**$1008808471** |
| Other Assets, Less Liabilities — 1.0% |  | &nbsp;&nbsp;**$10359951** |
| Net Assets — 100.0% |  | &nbsp;&nbsp;**$1019168422** |

---

---

| | |
|:---|:---|
| The percentage shown for each investment category in the Portfolio of Investments is based on net assets. | The percentage shown for each investment category in the Portfolio of Investments is based on net assets. |
| <sup>(1)</sup> | Security exempt from registration under Rule 144A of the Securities Act of 1933, as amended. These securities may be sold in certain transactions in reliance on an exemption from registration (normally to qualified institutional buyers). At December 31, 2025, the aggregate value of these securities is $18,460,928 or 1.8% of the Fund's net assets. |
| <sup>(2)</sup> | Floating rate security. The stated interest rate represents the rate in effect at December 31, 2025. |
| <sup>(3)</sup> | Variable rate demand obligation that may be tendered at par on any day for payment the same or next business day. The stated interest rate, which generally resets daily, is determined by the remarketing agent and represents the rate in effect at December 31, 2025. |
| <sup>(4)</sup> | Variable rate demand obligation that may be tendered at par on any day for payment the lesser of 5 business days or 7 calendar days. The stated interest rate, which generally resets weekly, is determined by the remarketing agent and represents the rate in effect at December 31, 2025. |
| <sup>(5)</sup> | Build America Bond. Represents taxable municipal obligation issued pursuant to the American Recovery and Reinvestment Act of 2009 or other legislation providing for the issuance of taxable municipal debt on which the issuer receives federal support. |
| The Fund invests primarily in debt securities issued by California municipalities. The ability of the issuers of the debt securities to meet their obligations may be affected by economic developments in a specific industry or municipality. At December 31, 2025, 12.7% of total investments are backed by bond insurance of various financial institutions and financial guaranty assurance agencies. The aggregate percentage insured by an individual financial institution or financial guaranty assurance agency ranged from 0.2% to 6.9% of total investments. | The Fund invests primarily in debt securities issued by California municipalities. The ability of the issuers of the debt securities to meet their obligations may be affected by economic developments in a specific industry or municipality. At December 31, 2025, 12.7% of total investments are backed by bond insurance of various financial institutions and financial guaranty assurance agencies. The aggregate percentage insured by an individual financial institution or financial guaranty assurance agency ranged from 0.2% to 6.9% of total investments. |

---

------

Eaton Vance<br>

California Municipal Opportunities Fund

December 31, 2025

Portfolio of Investments (Unaudited) — continued

------

---

| | |
|:---|:---|
| **Abbreviations:** | **Abbreviations:** |
| AG | – Assured Guaranty, Inc. |
| AMBAC | – AMBAC Financial Group, Inc. |
| AMT | – Interest earned from these securities may be considered a tax preference item for purposes of the Federal Alternative Minimum Tax. |
| BAM | – Build America Mutual Assurance Co. |
| FHLMC | – Federal Home Loan Mortgage Corp. |
| FNMA | – Federal National Mortgage Association |
| LOC | – Letter of Credit |
| NPFG | – National Public Finance Guarantee Corp. |
| SIFMA | – Securities Industry and Financial Markets Association Municipal Swap Index |

---

The Fund did not have any open derivative instruments at December 31, 2025.

Fair Value Measurements

Under generally accepted accounting principles for fair value measurements, a three-tier hierarchy to prioritize the assumptions, referred to as inputs, is used in valuation techniques to measure fair value. The three-tier hierarchy of inputs is summarized in the three broad levels listed below.

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

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

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

In cases where the inputs used to measure fair value fall in different levels of the fair value hierarchy, the level disclosed is determined based on the lowest level input that is significant to the fair value measurement in its entirety. The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

At December 31, 2025, the hierarchy of inputs used in valuing the Fund's investments, which are carried at fair value, were as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Asset Description** | &nbsp;&nbsp;**Level 1** | &nbsp;&nbsp;&nbsp;&nbsp;**Level 2** | &nbsp;&nbsp;&nbsp;&nbsp;**Level 3** | &nbsp;&nbsp;&nbsp;&nbsp;**Total** |
| Closed-End Funds | &nbsp;&nbsp;$1952403 | &nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$1952403 |
| Corporate Bonds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2249967 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2249967 |
| Tax-Exempt Municipal Obligations | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 932121378 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 932121378 |
| Taxable Municipal Obligations | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 72484723 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 72484723 |
| **Total Investments** | &nbsp;&nbsp;**$1952403** | &nbsp;&nbsp;&nbsp;&nbsp;**$1006856068** | &nbsp;&nbsp;&nbsp;&nbsp;**$—** | &nbsp;&nbsp;&nbsp;&nbsp;**$1008808471** |

---

For information on the Fund's policy regarding the valuation of investments and other significant accounting policies, please refer to the Fund's most recent annual or semi-annual financial statements.

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Eaton Vance Municipals Trust

- **b. Investment Company Act file number:** 811-04409

- **c. CIK number of Registrant:** 0000778365

- **d. LEI of Registrant:** 549300URENTSNA53MO13

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

  - **Street Address 1:** One Post Office Square

  - **City:** BOSTON

  - **State:** MA

  - **Foreign country:** US

  - **Zip / Postal Code:** 02109

  - **Telephone number:** 617-482-8260

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

- **a. Name of Series:** Eaton Vance California Municipal Opportunities Fund

- **b. EDGAR series identifier (if any):** S000004860

- **c. LEI of Series:** 5493006S2P6J1RA2BQ39

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

- **a. Date of fiscal year-end:** 2026-09-30

- **b. Date as of which information is reported:** 2025-12-31

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $1022021706.86

**Total Liabilities:** $4228460.06

**Net Assets:** $1017793246.80

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -1584.23000000 | **1-Year:** -28134.63000000 | **5-Year:** -138275.03000000 | **10-Year:** -438494.93000000 | **30-Year:** -159183.11000000

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

- **3-Month:** -134.33000000 | **1-Year:** -4914.68000000 | **5-Year:** -11231.22000000 | **10-Year:** -16535.14000000 | **30-Year:** -5189.88000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000013166 | 1.29%                | 0.50%                | -0.10%               |
| Class ID C000013168 | 1.20%                | 0.45%                | -0.20%               |
| Class ID C000063954 | 1.41%                | 0.42%                | 0.02%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $1117532.43              | $9276091.70                                |
| Month 2  | $854114.93               | $1082536.56                                |
| Month 3  | $686573.71               | $-4289724.21                               |

**Designated Index Information**

- **Index Name:** BB Barclays Municipal Bd

- **Index Identifier:** MBINDEX

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| ABC Unified School District                                                    | ABC CA UNIF SCH DIST                                         | CUSIP: 000416Z42<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5780000 | PA      | $5623409.97   | 0.55%             | 2047-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Alameda Corridor Transportation Authority                                      | ALAMEDA CA CORRIDOR TRANSPRTN AUTH REVENUE                   | CUSIP: 010869EE1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    740000 | PA      | $687838.95    | 0.07%             | 2027-10-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Alameda Corridor Transportation Authority                                      | ALAMEDA CA CORRIDOR TRANSPRTN AUTH REVENUE                   | CUSIP: 010869EF8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1010000 | PA      | $897974.44    | 0.09%             | 2028-10-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Bassett Unified School District                                                | BASSETT CA UNIF SCH DIST                                     | CUSIP: 070185WN9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1580000 | PA      | $1708836.20   | 0.17%             | 2050-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Bay Area Toll Authority                                                        | BAY AREA CA TOLL AUTH TOLL BRIDGE REVENUE                    | CUSIP: 072024XA5<br>LEI: 5493001FUZGUQMIP5D78 | Long             | DBT              | MUN               | US        |    800000 | PA      | $798928.64    | 0.08%             | 2056-04-01      | Floating      | 3.77%                 | No            |                  2 | On Loan: No      |
| Bay Area Toll Authority                                                        | BAY AREA CA TOLL AUTH TOLL BRIDGE REVENUE                    | CUSIP: 072024XT4<br>LEI: 5493001FUZGUQMIP5D78 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4958695.00   | 0.49%             | 2056-04-01      | Floating      | 3.62%                 | No            |                  2 | On Loan: No      |
| Bay Area Toll Authority                                                        | BAY AREA CA TOLL AUTH TOLL BRIDGE REVENUE                    | CUSIP: 072024YE6<br>LEI: 5493001FUZGUQMIP5D78 | Long             | DBT              | MUN               | US        |   8000000 | PA      | $8000000.00   | 0.79%             | 2055-04-01      | Floating      | 1.70%                 | No            |                  2 | On Loan: No      |
| Berkeley Unified School District/CA                                            | BERKELEY CA UNIF SCH DIST                                    | CUSIP: 084154M75<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2710000 | PA      | $2992843.24   | 0.29%             | 2044-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Beverly Hills Unified School District CA                                       | BEVERLY HILLS CA UNIF SCH DIST                               | CUSIP: 088023HZ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $897513.50    | 0.09%             | 2030-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Beverly Hills Unified School District CA                                       | BEVERLY HILLS CA UNIF SCH DIST                               | CUSIP: 088023JB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2465000 | PA      | $2086894.14   | 0.21%             | 2032-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Beverly Hills Unified School District CA                                       | BEVERLY HILLS CA UNIF SCH DIST                               | CUSIP: 088023PE0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9120000 | PA      | $8636158.46   | 0.85%             | 2042-08-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Biggs Unified School District                                                  | BIGGS CA UNIF SCH DIST                                       | CUSIP: 089842AP3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1059872.10   | 0.10%             | 2054-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BlackRock California Municipal Income Trust                                    | BlackRock California Municipal Income Trust                  | CUSIP: 09248E102<br>LEI: LE6236HQD6DXEGUHE217 | Long             | EC               | RF                | US        |    181788 | NS      | $1952403.12   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Burbank-Glendale-Pasadena Airport Authority Brick Campaign                     | BURBANK GLENDALE PASADENA CA ARPT AUTH ARPT REVENUE          | CUSIP: 120827DY3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2250000 | PA      | $2478641.18   | 0.24%             | 2040-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Burbank-Glendale-Pasadena Airport Authority Brick Campaign                     | BURBANK GLENDALE PASADENA CA ARPT AUTH ARPT REVENUE          | CUSIP: 120827EC0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4250000 | PA      | $4511219.88   | 0.44%             | 2044-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Burbank Unified School District                                                | BURBANK CA UNIF SCH DIST                                     | CUSIP: 12082SFA7<br>LEI: 54930068ZHOQ5PICU256 | Long             | DBT              | MUN               | US        |     25000 | PA      | $25054.35     | 0.00%             | 2047-08-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Byron Union School District                                                    | BYRON UNION SCH DIST CA                                      | CUSIP: 12463NEY6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    505000 | PA      | $489030.03    | 0.05%             | 2047-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                | CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE  | CUSIP: 13013JBL9<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   8030000 | PA      | $8419470.26   | 0.83%             | 2053-12-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                | CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE  | CUSIP: 13013JDD5<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   4325000 | PA      | $4721687.27   | 0.46%             | 2054-10-01      | Floating      | 5.50%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                | CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE  | CUSIP: 13013JEA0<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |  12635000 | PA      | $13176466.61  | 1.29%             | 2055-01-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                | CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE  | CUSIP: 13013JEB8<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   7000000 | PA      | $7419784.40   | 0.73%             | 2055-08-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                | CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE  | CUSIP: 13013JFR2<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10817324.00  | 1.06%             | 2055-02-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                | CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE  | CUSIP: 13013JHJ8<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   7000000 | PA      | $7687047.20   | 0.76%             | 2035-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Educational Facilities Authority                                    | CALIFORNIA ST EDUCTNL FACS AUTH REVENUE                      | CUSIP: 130179YE8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4690000 | PA      | $4976938.89   | 0.49%             | 2055-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Health Facilities Financing Authority                               | CALIFORNIA ST HLTH FACS FING AUTH REVENUE                    | CUSIP: 13032UB49<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |   4280000 | PA      | $4458619.38   | 0.44%             | 2051-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Health Facilities Financing Authority                               | CALIFORNIA ST HLTH FACS FING AUTH REVENUE                    | CUSIP: 13032UH27<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |   5530000 | PA      | $5496504.79   | 0.54%             | 2039-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California Health Facilities Financing Authority                               | CALIFORNIA ST HLTH FACS FING AUTH REVENUE                    | CUSIP: 13032UJ82<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1501089.15   | 0.15%             | 2027-11-15      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| California Health Facilities Financing Authority                               | CALIFORNIA ST HLTH FACS FING AUTH REVENUE                    | CUSIP: 13032UK98<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |   1645000 | PA      | $1693155.40   | 0.17%             | 2048-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| California Health Facilities Financing Authority                               | CALIFORNIA ST HLTH FACS FING AUTH REVENUE                    | CUSIP: 13032UKD9<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3000225.60   | 0.29%             | 2039-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California Health Facilities Financing Authority                               | CALIFORNIA ST HLTH FACS FING AUTH REVENUE                    | CUSIP: 13032UXH6<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3016541.10   | 0.30%             | 2046-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Health Facilities Financing Authority                               | CALIFORNIA ST HLTH FACS FING AUTH REVENUE                    | CUSIP: 13032UZ50<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |   4335000 | PA      | $4154007.68   | 0.41%             | 2044-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California Housing Finance Agency                                              | CALIFORNIA HSG FIN AGY AFFORDABLE HSG REVENUE                | CUSIP: 13032WBB9<br>LEI: 549300BOPCVLBA552Z14 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1500779.55   | 0.15%             | 2063-08-01      | Floating      | 3.60%                 | No            |                  2 | On Loan: No      |
| California Health Facilities Financing Authority                               | CALIFORNIA ST HLTH FACS FING AUTH REVENUE                    | CUSIP: 13033L4N4<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |   3010000 | PA      | $3011597.41   | 0.30%             | 2044-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Infrastructure & Economic Development Bank                          | CALIFORNIA ST INFRASTRUCTURE & ECON DEV BANK REVENUE         | CUSIP: 13034A5H9<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |   1255000 | PA      | $1295624.35   | 0.13%             | 2043-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Infrastructure & Economic Development Bank                          | CALIFORNIA ST INFRASTRUCTURE & ECON DEV BANK REVENUE         | CUSIP: 13034A5S5<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |   2140000 | PA      | $2207953.56   | 0.22%             | 2034-07-01      | Fixed         | 5.93%                 | No            |                  2 | On Loan: No      |
| California Infrastructure & Economic Development Bank                          | CALIFORNIA ST INFRASTRUCTURE & ECON DEV BANK REVENUE         | CUSIP: 13034AV64<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |   5750000 | PA      | $5748935.68   | 0.56%             | 2072-08-01      | Floating      | 4.22%                 | No            |                  2 | On Loan: No      |
| California Housing Finance Agency                                              | CALIFORNIA HSG FIN AGY LTD OBLIG MF HSG REVENUE              | CUSIP: 13034DAM6<br>LEI: 549300BOPCVLBA552Z14 | Long             | DBT              | MUN               | US        |   4900000 | PA      | $4948099.38   | 0.49%             | 2040-07-01      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                         | CALIFORNIA ST MUNI FIN AUTH MF HSG REVENUE                   | CUSIP: 130483GQ7<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   2330000 | PA      | $2351129.37   | 0.23%             | 2042-12-01      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                         | CALIFORNIA ST MUNI FIN AUTH MF HSG REVENUE                   | CUSIP: 130483HD5<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10103687.00  | 0.99%             | 2028-07-01      | Floating      | 4.50%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                         | CALIFORNIA ST MUNI FIN AUTH MF HSG REVENUE                   | CUSIP: 130483HX1<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1016277.80   | 0.10%             | 2043-11-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                         | CALIFORNIA ST MUNI FIN AUTH MF HSG REVENUE                   | CUSIP: 130483JT8<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4977573.50   | 0.49%             | 2043-11-01      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                         | CALIFORNIA ST MUNI FIN AUTH CHARTER SCH REVENUE              | CUSIP: 13048DDJ4<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   2105000 | PA      | $1837040.24   | 0.18%             | 2031-08-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                         | CALIFORNIA ST MUNI FIN AUTH SOL WST DISP REVENUE             | CUSIP: 13048RAF4<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2000739.60   | 0.20%             | 2044-12-01      | Floating      | 3.45%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                         | CALIFORNIA ST MUNI FIN AUTH SOL WST DISP REVENUE             | CUSIP: 13048RAM9<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2082378.60   | 0.20%             | 2053-09-01      | Floating      | 4.38%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                         | CALIFORNIA ST MUNI FIN AUTH SOL WST DISP REVENUE             | CUSIP: 13048RAS6<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1243492.00   | 0.12%             | 2050-09-01      | Floating      | 3.38%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                         | CALIFORNIA ST MUNI FIN AUTH REVENUE                          | CUSIP: 13048TN33<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    500000 | PA      | $505056.40    | 0.05%             | 2026-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                         | CALIFORNIA ST MUNI FIN AUTH REVENUE                          | CUSIP: 13048V3D8<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   2165000 | PA      | $2303465.61   | 0.23%             | 2035-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                         | CALIFORNIA ST MUNI FIN AUTH REVENUE                          | CUSIP: 13048V3W6<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   2980000 | PA      | $3066510.29   | 0.30%             | 2043-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                         | CALIFORNIA ST MUNI FIN AUTH REVENUE                          | CUSIP: 13048V3X4<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1505000 | PA      | $1568522.89   | 0.15%             | 2044-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                         | CALIFORNIA ST MUNI FIN AUTH REVENUE                          | CUSIP: 13048V4Q8<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1030000 | PA      | $1024242.09   | 0.10%             | 2030-05-15      | Fixed         | 4.51%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                         | CALIFORNIA ST MUNI FIN AUTH REVENUE                          | CUSIP: 13048VBW7<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   2570000 | PA      | $2622381.48   | 0.26%             | 2037-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                         | CALIFORNIA ST MUNI FIN AUTH REVENUE                          | CUSIP: 13048VBY3<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |  14165000 | PA      | $14235697.52  | 1.40%             | 2043-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                         | CALIFORNIA ST MUNI FIN AUTH REVENUE                          | CUSIP: 13048VCD8<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   7705000 | PA      | $7706440.06   | 0.76%             | 2047-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                         | CALIFORNIA ST MUNI FIN AUTH REVENUE                          | CUSIP: 13048VKY3<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   3790000 | PA      | $3792486.62   | 0.37%             | 2038-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                         | CALIFORNIA ST MUNI FIN AUTH REVENUE                          | CUSIP: 13048VV21<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   5860000 | PA      | $6139376.09   | 0.60%             | 2049-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                         | CALIFORNIA ST MUNI FIN AUTH COPS                             | CUSIP: 130493DB2<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1280000 | PA      | $1415855.62   | 0.14%             | 2041-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                         | CALIFORNIA ST MUNI FIN AUTH COPS                             | CUSIP: 130493DC0<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1365000 | PA      | $1496770.14   | 0.15%             | 2042-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                         | CALIFORNIA ST MUNI FIN AUTH COPS                             | CUSIP: 130493DD8<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1450000 | PA      | $1574942.15   | 0.15%             | 2043-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                         | CALIFORNIA ST MUNI FIN AUTH COPS                             | CUSIP: 130493DE6<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1535000 | PA      | $1649823.53   | 0.16%             | 2044-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                         | CALIFORNIA ST MUNI FIN AUTH COPS                             | CUSIP: 130493DF3<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1505000 | PA      | $1602051.88   | 0.16%             | 2045-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                         | CALIFORNIA ST MUNI FIN AUTH COPS                             | CUSIP: 130493DG1<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   4250000 | PA      | $4432267.20   | 0.44%             | 2050-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                         | CALIFORNIA ST MUNI FIN AUTH SPL FAC REVENUE                  | CUSIP: 13050RAA0<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |  10130000 | PA      | $10178749.61  | 1.00%             | 2029-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California Public Finance Authority                                            | CALIFORNIA PUBLIC FIN AUTH REVENUE                           | CUSIP: 13056HAA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3040602.90   | 0.30%             | 2049-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Public Finance Authority                                            | CALIFORNIA PUBLIC FIN AUTH REVENUE                           | CUSIP: 13057EAR5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    425000 | PA      | $428780.46    | 0.04%             | 2033-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Public Finance Authority                                            | CALIFORNIA PUBLIC FIN AUTH SENIOR LIVING REVENUE             | CUSIP: 13057GAB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1075000 | PA      | $984889.95    | 0.10%             | 2046-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California School Finance Authority                                            | CALIFORNIA ST SCH FIN AUTH CHRT SCH REVENUE                  | CUSIP: 13058TUC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1020052.40   | 0.10%             | 2034-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California School Finance Authority                                            | CALIFORNIA ST SCH FIN AUTH CHRT SCH REVENUE                  | CUSIP: 13058TUD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    270000 | PA      | $290592.87    | 0.03%             | 2039-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California School Finance Authority                                            | CALIFORNIA ST SCH FIN AUTH CHRT SCH REVENUE                  | CUSIP: 13058TUE8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2990000 | PA      | $3043165.19   | 0.30%             | 2049-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California School Finance Authority                                            | CALIFORNIA SCH FIN AUTH SCH FAC REVENUE                      | CUSIP: 13059TFF1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    570000 | PA      | $592117.08    | 0.06%             | 2028-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California School Finance Authority                                            | CALIFORNIA SCH FIN AUTH SCH FAC REVENUE                      | CUSIP: 13059TFG9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2553269.75   | 0.25%             | 2038-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of California                                                            | CALIFORNIA ST                                                | CUSIP: 13063A5E0<br>LEI: 9845007J7054602FF597 | Long             | DBT              | MUN               | US        |   8000000 | PA      | $9340332.80   | 0.92%             | 2034-04-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| State of California                                                            | CALIFORNIA ST                                                | CUSIP: 13063D2G2<br>LEI: 9845007J7054602FF597 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10910100.00  | 1.07%             | 2042-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of California                                                            | CALIFORNIA ST                                                | CUSIP: 13063DY93<br>LEI: 9845007J7054602FF597 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1072146.20   | 0.11%             | 2037-12-01      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| State of California                                                            | CALIFORNIA ST                                                | CUSIP: 13063EMY9<br>LEI: 9845007J7054602FF597 | Long             | DBT              | MUN               | US        |   1905000 | PA      | $2137466.39   | 0.21%             | 2042-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of California                                                            | CALIFORNIA ST                                                | CUSIP: 13063EMZ6<br>LEI: 9845007J7054602FF597 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2217397.00   | 0.22%             | 2043-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of California                                                            | CALIFORNIA ST                                                | CUSIP: 13063ENA0<br>LEI: 9845007J7054602FF597 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2198573.80   | 0.22%             | 2044-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Enterprise Development Authority                                    | CALIFORNIA ST ENTERPRISE DEV AUTH REVENUE                    | CUSIP: 13067RDV2<br>LEI: 549300544P6FSHU1HB46 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2832141.60   | 0.28%             | 2049-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California Enterprise Development Authority                                    | CALIFORNIA ST ENTERPRISE DEV AUTH REVENUE                    | CUSIP: 13067RDW0<br>LEI: 549300544P6FSHU1HB46 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1847271.20   | 0.18%             | 2053-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California Enterprise Development Authority                                    | CALIFORNIA ST ENTERPRISE DEV AUTH REVENUE                    | CUSIP: 13067REJ8<br>LEI: 549300544P6FSHU1HB46 | Long             | DBT              | MUN               | US        |   1120000 | PA      | $1025182.70   | 0.10%             | 2054-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California Enterprise Development Authority                                    | CALIFORNIA ST ENTERPRISE DEV AUTH REVENUE                    | CUSIP: 13067RFF5<br>LEI: 549300544P6FSHU1HB46 | Long             | DBT              | MUN               | US        |   1235000 | PA      | $1329411.18   | 0.13%             | 2043-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Enterprise Development Authority                                    | CALIFORNIA ST ENTERPRISE DEV AUTH REVENUE                    | CUSIP: 13067RFH1<br>LEI: 549300544P6FSHU1HB46 | Long             | DBT              | MUN               | US        |  13760000 | PA      | $12598728.93  | 1.24%             | 2050-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California Enterprise Development Authority                                    | CALIFORNIA ST ENTERPRISE DEV AUTH REVENUE                    | CUSIP: 13067RFJ7<br>LEI: 549300544P6FSHU1HB46 | Long             | DBT              | MUN               | US        |   6000000 | PA      | $5448821.40   | 0.54%             | 2054-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California Enterprise Development Authority                                    | CALIFORNIA ST ENTERPRISE DEV AUTH REVENUE                    | CUSIP: 13067RFS7<br>LEI: 549300544P6FSHU1HB46 | Long             | DBT              | MUN               | US        |   4900000 | PA      | $4918766.51   | 0.48%             | 2040-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California State Public Works Board                                            | CALIFORNIA ST PUBLIC WKS BRD LEASE REVENUE                   | CUSIP: 13068XLJ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2028584.00   | 0.20%             | 2027-04-01      | Fixed         | 4.92%                 | No            |                  2 | On Loan: No      |
| California State Public Works Board                                            | CALIFORNIA ST PUBLIC WKS BRD LEASE REVENUE                   | CUSIP: 13068XLK3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3069816.00   | 0.30%             | 2028-04-01      | Fixed         | 4.86%                 | No            |                  2 | On Loan: No      |
| California State Public Works Board                                            | CALIFORNIA ST PUBLIC WKS BRD LEASE REVENUE                   | CUSIP: 13068XLL1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1540609.65   | 0.15%             | 2029-04-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| California State Public Works Board                                            | CALIFORNIA ST PUBLIC WKS BRD LEASE REVENUE                   | CUSIP: 13068XRL5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3322666.80   | 0.33%             | 2043-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California State Public Works Board                                            | CALIFORNIA ST PUBLIC WKS BRD LEASE REVENUE                   | CUSIP: 13068XRM3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2685000 | PA      | $2948030.12   | 0.29%             | 2044-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California State Public Works Board                                            | CALIFORNIA ST PUBLIC WKS BRD LEASE REVENUE                   | CUSIP: 13068XRN1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2250000 | PA      | $2449747.13   | 0.24%             | 2045-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Enterprise Development Authority                                    | CALIFORNIA ST ENTERPRISE DEV AUTH CHRT SCH REVENUE           | CUSIP: 13069AAZ1<br>LEI: 549300544P6FSHU1HB46 | Long             | DBT              | MUN               | US        |    500000 | PA      | $468958.00    | 0.05%             | 2054-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Enterprise Development Authority                                    | CALIFORNIA ST ENTERPRISE DEV AUTH CHRT SCH REVENUE           | CUSIP: 13069ABA5<br>LEI: 549300544P6FSHU1HB46 | Long             | DBT              | MUN               | US        |   2920000 | PA      | $2671485.81   | 0.26%             | 2064-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California State University                                                    | CALIFORNIA ST UNIV REVENUE                                   | CUSIP: 13077DWF5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10875501.00  | 1.07%             | 2050-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| California State University                                                    | CALIFORNIA ST UNIV REVENUE                                   | CUSIP: 13077DYE6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    120000 | PA      | $120006.38    | 0.01%             | 2047-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Statewide Communities Development Authority                         | CALIFORNIA STWD CMNTYS DEV AUTH REVENUE                      | CUSIP: 13080S2N3<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   2010000 | PA      | $2202266.95   | 0.22%             | 2042-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Statewide Communities Development Authority                         | CALIFORNIA STWD CMNTYS DEV AUTH REVENUE                      | CUSIP: 13080S2P8<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   2110000 | PA      | $2294495.87   | 0.23%             | 2043-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Statewide Communities Development Authority                         | CALIFORNIA STWD CMNTYS DEV AUTH REVENUE                      | CUSIP: 13080S2T0<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |    675000 | PA      | $706866.01    | 0.07%             | 2055-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Statewide Communities Development Authority                         | CALIFORNIA STWD CMNTYS DEV AUTH REVENUE                      | CUSIP: 13080SEW0<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   2800000 | PA      | $2808082.76   | 0.28%             | 2044-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| California Statewide Communities Development Authority                         | CALIFORNIA STWD CMNTYS DEV AUTH REVENUE                      | CUSIP: 13080SEX8<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   6050000 | PA      | $6064359.07   | 0.60%             | 2054-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| California Statewide Communities Development Authority                         | CALIFORNIA ST STWD CMNTYS DEV AUTH HOSP REVENUE              | CUSIP: 13081KAU4<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2068649.60   | 0.20%             | 2038-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Calistoga Joint Unified School District                                        | CALISTOGA CA JT UNIF SCH DIST                                | CUSIP: 130897HK0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    625000 | PA      | $679628.31    | 0.07%             | 2050-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Cambria Community Healthcare District                                          | CAMBRIA CA CMNTYS HLTHCARE DIST                              | CUSIP: 13201KAJ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    380000 | PA      | $407104.30    | 0.04%             | 2045-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Cambria Community Healthcare District                                          | CAMBRIA CA CMNTYS HLTHCARE DIST                              | CUSIP: 13201KAK1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    135000 | PA      | $142390.02    | 0.01%             | 2050-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Carmichael Recreation & Park District                                          | CARMICHAEL CA RECREATION & PARK DIST                         | CUSIP: 143430BA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    290000 | PA      | $322722.85    | 0.03%             | 2041-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Carmichael Recreation & Park District                                          | CARMICHAEL CA RECREATION & PARK DIST                         | CUSIP: 143430BG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $31377.22     | 0.00%             | 2055-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Central Unified School District                                                | CENTRL CA UNIF SCH DIST                                      | CUSIP: 15276PQL6<br>LEI: 549300AKOP2UG4D0YH67 | Long             | DBT              | MUN               | US        |    920000 | PA      | $851974.00    | 0.08%             | 2038-08-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Cerritos Community College District                                            | CERRITOS CA CMNTY CLG DIST                                   | CUSIP: 156792NF6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1275000 | PA      | $1289274.90   | 0.13%             | 2043-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Chaffey Joint Union High School District                                       | CHAFFEY CA JT UNION HIGH SCH DIST                            | CUSIP: 157411PL7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10520000 | PA      | $10545337.42  | 1.04%             | 2044-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chaffey Community College District                                             | CHAFFEY CA CMNTY CLG DIST                                    | CUSIP: 157432MK8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3045000 | PA      | $3155395.56   | 0.31%             | 2031-06-01      | Fixed         | 4.76%                 | No            |                  2 | On Loan: No      |
| Chaffey Community College District                                             | CHAFFEY CA CMNTY CLG DIST                                    | CUSIP: 157432ML6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2870000 | PA      | $2978769.84   | 0.29%             | 2032-06-01      | Fixed         | 4.81%                 | No            |                  2 | On Loan: No      |
| Cottonwood Union School District                                               | COTTONWOOD CA UNION SCH DIST                                 | CUSIP: 221834BH6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    545000 | PA      | $579287.86    | 0.06%             | 2050-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Cottonwood Union School District                                               | COTTONWOOD CA UNION SCH DIST                                 | CUSIP: 221834BJ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    770000 | PA      | $814619.88    | 0.08%             | 2054-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Culver City Unified School District                                            | CULVER CITY CA UNIF SCH DIST                                 | CUSIP: 230345KT6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6290000 | PA      | $6187640.31   | 0.61%             | 2044-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Cupertino Union School District                                                | CUPERTINO CA UNION SCH DIST                                  | CUSIP: 231237T73<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    270000 | PA      | $314391.89    | 0.03%             | 2044-08-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Cupertino Union School District                                                | CUPERTINO CA UNION SCH DIST                                  | CUSIP: 231237T81<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $86628.72     | 0.01%             | 2045-08-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Cupertino Union School District                                                | CUPERTINO CA UNION SCH DIST                                  | CUSIP: 231237T99<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10410000 | PA      | $11763335.39  | 1.16%             | 2050-08-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Desert Sands Unified School District                                           | DESERT SANDS CA UNIF SCH DIST                                | CUSIP: 250433WN5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1295000 | PA      | $1304698.13   | 0.13%             | 2043-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Durham Unified School District                                                 | DURHAM CA UNIF SCH DIST                                      | CUSIP: 266669DB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    225000 | PA      | $235582.58    | 0.02%             | 2054-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Eastern Sierra Unified School District                                         | ESTRN SIERRA CA UNIF SCH DIST                                | CUSIP: 27702PFA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    380000 | PA      | $287073.74    | 0.03%             | 2034-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Eastern Sierra Unified School District                                         | ESTRN SIERRA CA UNIF SCH DIST                                | CUSIP: 27702PFB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    225000 | PA      | $161570.30    | 0.02%             | 2035-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Eastern Sierra Unified School District                                         | ESTRN SIERRA CA UNIF SCH DIST                                | CUSIP: 27702PFC7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    320000 | PA      | $216839.23    | 0.02%             | 2036-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Eastern Sierra Unified School District                                         | ESTRN SIERRA CA UNIF SCH DIST                                | CUSIP: 27702PFD5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $223754.23    | 0.02%             | 2037-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Eastern Sierra Unified School District                                         | ESTRN SIERRA CA UNIF SCH DIST                                | CUSIP: 27702PFF0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    340000 | PA      | $192859.15    | 0.02%             | 2039-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| El Monte Union High School District                                            | EL MONTE CA UNION HIGH SCH DIST                              | CUSIP: 283353WZ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $448380.56    | 0.04%             | 2043-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| El Monte Union High School District                                            | EL MONTE CA UNION HIGH SCH DIST                              | CUSIP: 283353XA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $333493.05    | 0.03%             | 2044-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| El Monte Union High School District                                            | EL MONTE CA UNION HIGH SCH DIST                              | CUSIP: 283353XB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $330074.01    | 0.03%             | 2045-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| El Monte Union High School District                                            | EL MONTE CA UNION HIGH SCH DIST                              | CUSIP: 283353XC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1353362.50   | 0.13%             | 2048-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| El Monte Union High School District                                            | EL MONTE CA UNION HIGH SCH DIST                              | CUSIP: 283353XD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1617099.90   | 0.16%             | 2050-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| El Rancho Unified School District                                              | EL RANCHO CA UNIF SCH DIST                                   | CUSIP: 283839F60<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1692385.95   | 0.17%             | 2048-08-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Elk Grove Finance Authority                                                    | ELK GROVE CA FIN AUTH SPL TAX REVENUE                        | CUSIP: 287254JY3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    650000 | PA      | $711243.98    | 0.07%             | 2043-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Elk Grove Finance Authority                                                    | ELK GROVE CA FIN AUTH SPL TAX REVENUE                        | CUSIP: 287254JZ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    505000 | PA      | $533307.93    | 0.05%             | 2047-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Encinitas Union School District/CA                                             | ENCINITAS CA UNION SCH DIST                                  | CUSIP: 292533HK5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    280000 | PA      | $306685.54    | 0.03%             | 2045-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Encinitas Union School District/CA                                             | ENCINITAS CA UNION SCH DIST                                  | CUSIP: 292533HL3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2669489.50   | 0.26%             | 2050-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fairfield-Suisun Unified School District                                       | FAIRFIELD-SUISUN CA UNIF SCH DIST                            | CUSIP: 304747JT6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    235000 | PA      | $217103.41    | 0.02%             | 2029-02-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Folsom Cordova Unified School District School Facilities Improvement Dist No 5 | FOLSOM CORDOVA CA UNIF SCH DIST SCH FACS IMPT DIST #5        | CUSIP: 34440VCR7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1020000 | PA      | $1020050.59   | 0.10%             | 2040-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fontana Public Facilities Financing Authority                                  | FONTANA CA PUBLIC FIN AUTH LEASE REVENUE                     | CUSIP: 34461BCN4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4500000 | PA      | $4774094.55   | 0.47%             | 2050-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fontana Unified School District                                                | FONTANA CA UNIF SCH DIST                                     | CUSIP: 344640XY8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1305000 | PA      | $1490297.34   | 0.15%             | 2041-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fontana Unified School District                                                | FONTANA CA UNIF SCH DIST                                     | CUSIP: 344640XZ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1125000 | PA      | $1270104.30   | 0.12%             | 2042-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fontana Unified School District                                                | FONTANA CA UNIF SCH DIST                                     | CUSIP: 344640YD3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  12940000 | PA      | $14017766.13  | 1.38%             | 2050-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Foothill-De Anza Community College District                                    | FOOTHILL-DE ANZA CA CMNTY CLGDIST                            | CUSIP: 345102QW0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2210000 | PA      | $2426210.05   | 0.24%             | 2045-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Fresno CA                                                            | FRESNO CNTY CA PENSN OBLG                                    | CUSIP: 358266CS1<br>LEI: 549300JJ6NWR5CVGI705 | Long             | DBT              | MUN               | US        |   2745000 | PA      | $2171905.76   | 0.21%             | 2031-08-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Fulton-El Camino Recreation & Park District                                    | FULTON EL CAMINO CA RECREATION & PARK DIST                   | CUSIP: 360262DS5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2126410.80   | 0.21%             | 2055-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Gilroy Unified School District                                                 | GILROY CA UNIF SCH DIST                                      | CUSIP: 376087ER9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1751228.15   | 0.17%             | 2041-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Glendale Community College District                                            | GLENDALE CA CMNTY CLG DIST                                   | CUSIP: 378394KY5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    375000 | PA      | $364241.29    | 0.04%             | 2050-08-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Glendale Community College District                                            | GLENDALE CA CMNTY CLG DIST                                   | CUSIP: 378394KZ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1590723.60   | 0.16%             | 2050-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Glendale Unified School District/CA                                            | GLENDALE CA UNIF SCH DIST                                    | CUSIP: 378460D89<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8140000 | PA      | $7650985.43   | 0.75%             | 2039-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Golden Valley Unified School District Financing Authority                      | GOLDEN VLY UNIF SCH DIST FING AUTH LOCAL AGY REVENUE         | CUSIP: 38131ABQ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    325000 | PA      | $358470.97    | 0.04%             | 2041-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Golden Valley Unified School District Financing Authority                      | GOLDEN VLY UNIF SCH DIST FING AUTH LOCAL AGY REVENUE         | CUSIP: 38131ABR9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $381679.80    | 0.04%             | 2042-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Golden Valley Unified School District Financing Authority                      | GOLDEN VLY UNIF SCH DIST FING AUTH LOCAL AGY REVENUE         | CUSIP: 38131ABS7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $324903.75    | 0.03%             | 2043-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Golden Valley Unified School District Financing Authority                      | GOLDEN VLY UNIF SCH DIST FING AUTH LOCAL AGY REVENUE         | CUSIP: 38131ABU2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    270000 | PA      | $287487.01    | 0.03%             | 2045-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Golden Valley Unified School District Financing Authority                      | GOLDEN VLY UNIF SCH DIST FING AUTH LOCAL AGY REVENUE         | CUSIP: 38131ABW8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2078054.40   | 0.20%             | 2056-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Gonzales Unified School District                                               | GONZALES CA UNIF SCH DIST                                    | CUSIP: 381802CR6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1618788.60   | 0.16%             | 2050-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Hacienda La Puente Unified School District/CA                                  | HACIENDA LA PUENTE CA UNIF SCH DIST                          | CUSIP: 40450REY3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    650000 | PA      | $664277.77    | 0.07%             | 2041-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Hacienda La Puente Unified School District/CA                                  | HACIENDA LA PUENTE CA UNIF SCH DIST                          | CUSIP: 40450REZ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2025908.60   | 0.20%             | 2042-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Hacienda La Puente Unified School District/CA                                  | HACIENDA LA PUENTE CA UNIF SCH DIST                          | CUSIP: 40450RFA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1195000 | PA      | $1202387.97   | 0.12%             | 2043-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Hayward Unified School District                                                | HAYWARD CA UNIF SCH DIST                                     | CUSIP: 421295BM7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    485000 | PA      | $533769.81    | 0.05%             | 2043-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Hayward Unified School District                                                | HAYWARD CA UNIF SCH DIST                                     | CUSIP: 421295BN5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $544602.55    | 0.05%             | 2044-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Hayward Unified School District                                                | HAYWARD CA UNIF SCH DIST                                     | CUSIP: 421295BQ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    570000 | PA      | $610090.89    | 0.06%             | 2046-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Hayward Unified School District                                                | HAYWARD CA UNIF SCH DIST                                     | CUSIP: 421295BR6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    455000 | PA      | $485285.48    | 0.05%             | 2047-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Hayward Unified School District                                                | HAYWARD CA UNIF SCH DIST                                     | CUSIP: 421295BS4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1580733.90   | 0.16%             | 2050-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Hermosa Beach City School District                                             | HERMOSA BEACH CA CITY SCH DIST                               | CUSIP: 427632EX8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    275000 | PA      | $167270.37    | 0.02%             | 2038-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Hermosa Beach City School District                                             | HERMOSA BEACH CA CITY SCH DIST                               | CUSIP: 427632EY6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $228747.32    | 0.02%             | 2039-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Hermosa Beach City School District                                             | HERMOSA BEACH CA CITY SCH DIST                               | CUSIP: 427632FB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    550000 | PA      | $257771.75    | 0.03%             | 2042-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Hermosa Beach City School District                                             | HERMOSA BEACH CA CITY SCH DIST                               | CUSIP: 427632FC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    310000 | PA      | $135338.37    | 0.01%             | 2043-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Hermosa Beach City School District                                             | HERMOSA BEACH CA CITY SCH DIST                               | CUSIP: 427632FF6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $8974.70      | 0.00%             | 2046-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Hillsborough City School District                                              | HILLSBOROUGH CA SCH DIST                                     | CUSIP: 432272HW5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2137905.60   | 0.21%             | 2055-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Huntington Beach Union High School District                                    | HUNTINGTON BEACH CA UNION HIGH SCH DIST                      | CUSIP: 446222UV1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1775000 | PA      | $1655709.00   | 0.16%             | 2029-08-01      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| Independent Cities Finance Authority                                           | INDEP CITIES CA FIN AUTH MOBILE HOME PARK REVENUE            | CUSIP: 45385LMY6<br>LEI: 549300ZZZYTBUL6FR983 | Long             | DBT              | MUN               | US        |   1045000 | PA      | $984716.46    | 0.10%             | 2036-05-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Independent Cities Finance Authority                                           | INDEP CITIES CA FIN AUTH MOBILE HOME PARK REVENUE            | CUSIP: 45385LNE9<br>LEI: 549300ZZZYTBUL6FR983 | Long             | DBT              | MUN               | US        |    775000 | PA      | $564344.15    | 0.06%             | 2041-06-15      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| Independent Cities Finance Authority                                           | INDEP CITIES CA FIN AUTH MOBILE HOME PARK REVENUE            | CUSIP: 45385LNH2<br>LEI: 549300ZZZYTBUL6FR983 | Long             | DBT              | MUN               | US        |   3685000 | PA      | $2067441.24   | 0.20%             | 2056-06-15      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| Independent Cities Finance Authority                                           | INDEP CITIES CA FIN AUTH MOBILE HOME PARK REVENUE            | CUSIP: 45385LNT6<br>LEI: 549300ZZZYTBUL6FR983 | Long             | DBT              | MUN               | US        |   1595000 | PA      | $1496556.92   | 0.15%             | 2036-09-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Inglewood Joint Powers Authority                                               | INGLEWOOD CA JT PWRS AUTH LEASE REVENUE                      | CUSIP: 45710PAX8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1180159.31   | 0.12%             | 2045-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Inglewood Joint Powers Authority                                               | INGLEWOOD CA JT PWRS AUTH LEASE REVENUE                      | CUSIP: 45710PAY6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2679661.50   | 0.26%             | 2050-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Irvine CA                                                              | IRVINE CA SPL TAX                                            | CUSIP: 46360TFN8<br>LEI: 549300PJ9FL2XGFR8J79 | Long             | DBT              | MUN               | US        |    625000 | PA      | $644553.13    | 0.06%             | 2032-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Irvine CA                                                              | IRVINE CA SPL TAX                                            | CUSIP: 46360TFQ1<br>LEI: 549300PJ9FL2XGFR8J79 | Long             | DBT              | MUN               | US        |    765000 | PA      | $788840.08    | 0.08%             | 2034-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Irvine CA                                                              | IRVINE CA SPL TAX                                            | CUSIP: 46360TFR9<br>LEI: 549300PJ9FL2XGFR8J79 | Long             | DBT              | MUN               | US        |   1150000 | PA      | $1185758.68   | 0.12%             | 2035-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Irvine CA                                                              | IRVINE CA SPL TAX                                            | CUSIP: 46360TFU2<br>LEI: 549300PJ9FL2XGFR8J79 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1030848.00   | 0.10%             | 2038-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Jefferson Union High School District                                           | JEFFERSON CA UNION HIGH SCH DIST SAN MATEO CNTY              | CUSIP: 4724664C2<br>LEI: 549300S1EAFO90X8HQ88 | Long             | DBT              | MUN               | US        |    525000 | PA      | $523885.01    | 0.05%             | 2046-08-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Jefferson Union High School District                                           | JEFFERSON CA UNION HIGH SCH DIST SAN MATEO CNTY              | CUSIP: 4724667T2<br>LEI: 549300S1EAFO90X8HQ88 | Long             | DBT              | MUN               | US        |    750000 | PA      | $856492.73    | 0.08%             | 2041-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Jefferson Union High School District                                           | JEFFERSON CA UNION HIGH SCH DIST SAN MATEO CNTY              | CUSIP: 4724667U9<br>LEI: 549300S1EAFO90X8HQ88 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1128981.60   | 0.11%             | 2042-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Jefferson Union High School District                                           | JEFFERSON CA UNION HIGH SCH DIST SAN MATEO CNTY              | CUSIP: 4724667V7<br>LEI: 549300S1EAFO90X8HQ88 | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1447983.94   | 0.14%             | 2043-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Jefferson Union High School District                                           | JEFFERSON CA UNION HIGH SCH DIST SAN MATEO CNTY              | CUSIP: 4724667W5<br>LEI: 549300S1EAFO90X8HQ88 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1656555.30   | 0.16%             | 2044-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Jurupa Unified School District                                                 | JURUPA CA UNIF SCH DIST                                      | CUSIP: 482124RJ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    695000 | PA      | $695910.24    | 0.07%             | 2041-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Kern Community College District                                                | KERN CA CMNTY CLG DIST                                       | CUSIP: 492244GP7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1730692.80   | 0.17%             | 2037-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Kern Community College District                                                | KERN CA CMNTY CLG DIST                                       | CUSIP: 492244GT9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1120623.70   | 0.11%             | 2041-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| La Canada Unified School District                                              | LA CANADA CA UNIF SCH DIST                                   | CUSIP: 502516RW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1190000 | PA      | $1347715.82   | 0.13%             | 2041-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| La Canada Unified School District                                              | LA CANADA CA UNIF SCH DIST                                   | CUSIP: 502516RY5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1780000 | PA      | $2004430.41   | 0.20%             | 2043-08-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| La Canada Unified School District                                              | LA CANADA CA UNIF SCH DIST                                   | CUSIP: 502516SA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3940000 | PA      | $4361036.67   | 0.43%             | 2050-08-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| La Canada Unified School District                                              | LA CANADA CA UNIF SCH DIST                                   | CUSIP: 502516TK3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $294339.73    | 0.03%             | 2044-08-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| La Canada Unified School District                                              | LA CANADA CA UNIF SCH DIST                                   | CUSIP: 502516TM9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1970000 | PA      | $2251376.48   | 0.22%             | 2050-08-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Lake Tahoe Unified School District                                             | LAKE TAHOE CA UNIF SCH DIST                                  | CUSIP: 511012PS9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    115000 | PA      | $125407.13    | 0.01%             | 2044-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lake Tahoe Unified School District                                             | LAKE TAHOE CA UNIF SCH DIST                                  | CUSIP: 511012PT7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    175000 | PA      | $189198.14    | 0.02%             | 2045-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lake Tahoe Unified School District                                             | LAKE TAHOE CA UNIF SCH DIST                                  | CUSIP: 511012PU4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3610000 | PA      | $3818265.23   | 0.38%             | 2050-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lake Tahoe Unified School District                                             | LAKE TAHOE CA UNIF SCH DIST                                  | CUSIP: 511012PV2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    210000 | PA      | $221178.59    | 0.02%             | 2054-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lakeside Union School District/San Diego County                                | LAKESIDE CA UNION SCH DIST SAN DIEGO CNTY                    | CUSIP: 512138DC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1358887.80   | 0.13%             | 2037-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Lemon Grove School District                                                    | LEMON GROVE CA SCH DIST                                      | CUSIP: 525651KK0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1062266.60   | 0.10%             | 2049-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lemon Grove School District                                                    | LEMON GROVE CA SCH DIST                                      | CUSIP: 525651LG8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1061292.00   | 0.10%             | 2050-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lompoc Unified School District                                                 | LOMPOC CA UNIF SCH DIST                                      | CUSIP: 541772LN7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1109543.50   | 0.11%             | 2046-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Lompoc Unified School District                                                 | LOMPOC CA UNIF SCH DIST                                      | CUSIP: 541772LS6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2610000 | PA      | $2846757.02   | 0.28%             | 2050-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Lompoc Unified School District                                                 | LOMPOC CA UNIF SCH DIST                                      | CUSIP: 541772LW7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4290000 | PA      | $4660948.58   | 0.46%             | 2054-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Long Beach Community College District                                          | LONG BEACH CA CMNTY CLG DIST                                 | CUSIP: 542411QY2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5314032.50   | 0.52%             | 2052-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Long Beach Unified School District                                             | LONG BEACH CA UNIF SCH DIST                                  | CUSIP: 542433GU5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2815000 | PA      | $2696006.85   | 0.26%             | 2027-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                     | LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE                    | CUSIP: 5444456D6<br>LEI: 549300E7TO710PTXPJ65 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5645607.00   | 0.55%             | 2042-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                     | LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE                    | CUSIP: 5444456E4<br>LEI: 549300E7TO710PTXPJ65 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5579616.00   | 0.55%             | 2043-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                     | LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE                    | CUSIP: 544445C72<br>LEI: 549300E7TO710PTXPJ65 | Long             | DBT              | MUN               | US        |    575000 | PA      | $527487.41    | 0.05%             | 2047-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                     | LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE                    | CUSIP: 544445ET2<br>LEI: 549300E7TO710PTXPJ65 | Long             | DBT              | MUN               | US        |  17435000 | PA      | $17663000.98  | 1.74%             | 2048-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                     | LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE                    | CUSIP: 544445F46<br>LEI: 549300E7TO710PTXPJ65 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10546201.00  | 1.04%             | 2047-05-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                     | LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE                    | CUSIP: 544445GA1<br>LEI: 549300E7TO710PTXPJ65 | Long             | DBT              | MUN               | US        |   3215000 | PA      | $3291877.40   | 0.32%             | 2038-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                     | LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE                    | CUSIP: 544445NU9<br>LEI: 549300E7TO710PTXPJ65 | Long             | DBT              | MUN               | US        |   3700000 | PA      | $3771407.78   | 0.37%             | 2044-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Housing Authority                                                  | LOS ANGELES CA HSG AUTH MF HSG REVENUE                       | CUSIP: 544562DL2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2405085.00   | 0.24%             | 2044-12-01      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| Los Angeles Unified School District/CA                                         | LOS ANGELES CA UNIF SCH DIST                                 | CUSIP: 5446463Z3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6730000 | PA      | $6729874.82   | 0.66%             | 2040-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Unified School District/CA                                         | LOS ANGELES CA UNIF SCH DIST                                 | CUSIP: 544647GW4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4587960.80   | 0.45%             | 2039-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles County Metropolitan Transportation Authority Sales Tax Revenue     | LOS ANGELES CNTY CA MET TRANSPRTN AUTH SALES TAX REVENUE     | CUSIP: 54466HNH5<br>LEI: 54930051IHTXE1N9RB42 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1257586.00   | 0.12%             | 2026-07-01      | Fixed         | 4.79%                 | No            |                  2 | On Loan: No      |
| Los Angeles County Metropolitan Transportation Authority Sales Tax Revenue     | LOS ANGELES CNTY CA MET TRANSPRTN AUTH SALES TAX REVENUE     | CUSIP: 54466HNJ1<br>LEI: 54930051IHTXE1N9RB42 | Long             | DBT              | MUN               | US        |   1975000 | PA      | $2008048.27   | 0.20%             | 2027-07-01      | Fixed         | 4.73%                 | No            |                  2 | On Loan: No      |
| Los Angeles County Metropolitan Transportation Authority Sales Tax Revenue     | LOS ANGELES CNTY CA MET TRANSPRTN AUTH SALES TAX REVENUE     | CUSIP: 54466HNK8<br>LEI: 54930051IHTXE1N9RB42 | Long             | DBT              | MUN               | US        |   1640000 | PA      | $1679115.31   | 0.16%             | 2028-07-01      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| Manteca Unified School District                                                | MANTECA CA UNIF SCH DIST                                     | CUSIP: 564538JJ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2060000 | PA      | $2335942.56   | 0.23%             | 2043-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Menlo Park City School District                                                | MENLO PARK CA CITY SCH DIST                                  | CUSIP: 586840QB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1170000 | PA      | $1236191.93   | 0.12%             | 2050-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Menlo Park City School District                                                | MENLO PARK CA CITY SCH DIST                                  | CUSIP: 586840QC7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2135000 | PA      | $2010349.95   | 0.20%             | 2053-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Milpitas Unified School District/CA                                            | MILPITAS CA UNIF SCH DIST                                    | CUSIP: 601670PN6<br>LEI: 549300BL87026BFAVO38 | Long             | DBT              | MUN               | US        |   1360000 | PA      | $1399406.27   | 0.14%             | 2042-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Modesto High School District                                                   | MODESTO CA HIGH SCH DIST STANISLAUS CNTY                     | CUSIP: 607743MB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3750000 | PA      | $4074677.25   | 0.40%             | 2050-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Mojave Unified School District School Facilities Improvement District No 1     | MOJAVE CA UNIF SCH DIST SCH FACS IMPT DIST #1                | CUSIP: 608406GK4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $412145.45    | 0.04%             | 2037-08-01      | Fixed         | 2.73%                 | No            |                  2 | On Loan: No      |
| Monterey Peninsula Unified School District                                     | MONTEREY PENINSULA CA UNIF SCH DIST                          | CUSIP: 612582BL9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  11700000 | PA      | $11445596.37  | 1.12%             | 2045-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Morgan Hill Unified School District                                            | MORGAN HILL CA UNIF SCH DIST                                 | CUSIP: 617403FV7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2440000 | PA      | $2732785.36   | 0.27%             | 2041-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Morgan Hill Unified School District                                            | MORGAN HILL CA UNIF SCH DIST                                 | CUSIP: 617403FW5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1938306.13   | 0.19%             | 2042-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Morongo Band of Mission Indians/The                                            | MORONGO BAND OF MISSION                                      | CUSIP: 617734AG3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2080000 | PA      | $2249966.58   | 0.22%             | 2039-10-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Morongo Band of Mission Indians/The                                            | MORONGO BAND OF MISSION INDIANS CA REVENUE                   | CUSIP: 61773RAB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    440000 | PA      | $445924.07    | 0.04%             | 2042-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Mount Pleasant Elementary School District/CA                                   | MOUNT PLEASANT CA ELEM SCH DIST                              | CUSIP: 622344KU2<br>LEI: 549300DB7Z2IW75B3O16 | Long             | DBT              | MUN               | US        |   1155000 | PA      | $1318393.58   | 0.13%             | 2041-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Mount Pleasant Elementary School District/CA                                   | MOUNT PLEASANT CA ELEM SCH DIST                              | CUSIP: 622344KV0<br>LEI: 549300DB7Z2IW75B3O16 | Long             | DBT              | MUN               | US        |    365000 | PA      | $410980.04    | 0.04%             | 2042-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Mount Pleasant Elementary School District/CA                                   | MOUNT PLEASANT CA ELEM SCH DIST                              | CUSIP: 622344KX6<br>LEI: 549300DB7Z2IW75B3O16 | Long             | DBT              | MUN               | US        |   2200000 | PA      | $2132205.24   | 0.21%             | 2047-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Mount Pleasant Elementary School District/CA                                   | MOUNT PLEASANT CA ELEM SCH DIST                              | CUSIP: 622344LM9<br>LEI: 549300DB7Z2IW75B3O16 | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1266116.88   | 0.12%             | 2050-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Mount Pleasant Elementary School District/CA                                   | MOUNT PLEASANT CA ELEM SCH DIST                              | CUSIP: 622344MC0<br>LEI: 549300DB7Z2IW75B3O16 | Long             | DBT              | MUN               | US        |    250000 | PA      | $281493.18    | 0.03%             | 2042-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Mount Pleasant Elementary School District/CA                                   | MOUNT PLEASANT CA ELEM SCH DIST                              | CUSIP: 622344MD8<br>LEI: 549300DB7Z2IW75B3O16 | Long             | DBT              | MUN               | US        |    450000 | PA      | $500069.93    | 0.05%             | 2043-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Mount Pleasant Elementary School District/CA                                   | MOUNT PLEASANT CA ELEM SCH DIST                              | CUSIP: 622344ME6<br>LEI: 549300DB7Z2IW75B3O16 | Long             | DBT              | MUN               | US        |    485000 | PA      | $530702.76    | 0.05%             | 2044-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Mount Pleasant Elementary School District/CA                                   | MOUNT PLEASANT CA ELEM SCH DIST                              | CUSIP: 622344MF3<br>LEI: 549300DB7Z2IW75B3O16 | Long             | DBT              | MUN               | US        |    620000 | PA      | $670516.92    | 0.07%             | 2045-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Mount Pleasant Elementary School District/CA                                   | MOUNT PLEASANT CA ELEM SCH DIST                              | CUSIP: 622344MG1<br>LEI: 549300DB7Z2IW75B3O16 | Long             | DBT              | MUN               | US        |   1375000 | PA      | $1450758.93   | 0.14%             | 2050-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Mt San Antonio Community College District                                      | MOUNT SAN ANTONIO CA CMNTY CLG DIST                          | CUSIP: 623040QG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1110336.20   | 0.11%             | 2044-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Mt San Antonio Community College District                                      | MOUNT SAN ANTONIO CA CMNTY CLG DIST                          | CUSIP: 623040QJ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1089690.80   | 0.11%             | 2046-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Mt San Antonio Community College District                                      | MOUNT SAN ANTONIO CA CMNTY CLG DIST                          | CUSIP: 623040QK1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2730000 | PA      | $2932968.68   | 0.29%             | 2050-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Mt San Antonio Community College District                                      | MOUNT SAN ANTONIO CA CMNTY CLG DIST                          | CUSIP: 623040QL9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3215000 | PA      | $3485016.60   | 0.34%             | 2055-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Mountain House Public Financing Authority                                      | MOUNTAIN HOUSE CA PUBLIC FING AUTH UTILITY SYS REVENUE       | CUSIP: 62412PCN4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2875000 | PA      | $2754470.23   | 0.27%             | 2048-12-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Mountain View School District/Los Angeles County                               | MOUNTAIN VIEW CA SCH DIST LOS ANGELES CNTY                   | CUSIP: 624403LK5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2122709.20   | 0.21%             | 2054-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Mountain View-Whisman School District                                          | MOUNTAIN VIEW-WHISMAN CA SCH DIST                            | CUSIP: 62451FKA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    140000 | PA      | $136103.95    | 0.01%             | 2038-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Mountain View-Whisman School District                                          | MOUNTAIN VIEW-WHISMAN CA SCH DIST                            | CUSIP: 62451FKD1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10730000 | PA      | $8829427.29   | 0.87%             | 2045-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Mountain View-Whisman School District                                          | MOUNTAIN VIEW-WHISMAN CA SCH DIST                            | CUSIP: 62451FMB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1125000 | PA      | $1158227.66   | 0.11%             | 2040-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Napa Valley Unified School District                                            | NAPA VLY CA UNIF SCH DIST                                    | CUSIP: 630362GB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    180000 | PA      | $196565.35    | 0.02%             | 2044-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Napa Valley Unified School District                                            | NAPA VLY CA UNIF SCH DIST                                    | CUSIP: 630362GD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1820000 | PA      | $1928598.31   | 0.19%             | 2050-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Napa Valley Unified School District                                            | NAPA VLY CA UNIF SCH DIST                                    | CUSIP: 630362GV7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1901516.05   | 0.19%             | 2050-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Newark Unified School District/CA                                              | NEWARK CA UNIF SCH DIST                                      | CUSIP: 650264WM2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     85000 | PA      | $93100.97     | 0.01%             | 2045-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Newark Unified School District/CA                                              | NEWARK CA UNIF SCH DIST                                      | CUSIP: 650264WP5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4855000 | PA      | $5271348.78   | 0.52%             | 2050-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| North Monterey County Unified School District                                  | NORTH MONTEREY CNTY CA UNION SCH DIST                        | CUSIP: 661190HZ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |      5000 | PA      | $5017.11      | 0.00%             | 2043-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Pacific Grove Unified School District                                          | PACIFIC GROVE CA UNIF SCH DIST                               | CUSIP: 694393SR1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    225000 | PA      | $253628.73    | 0.02%             | 2042-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pacific Grove Unified School District                                          | PACIFIC GROVE CA UNIF SCH DIST                               | CUSIP: 694393SS9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $278458.45    | 0.03%             | 2043-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pacific Grove Unified School District                                          | PACIFIC GROVE CA UNIF SCH DIST                               | CUSIP: 694393ST7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    285000 | PA      | $313778.79    | 0.03%             | 2044-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pacific Grove Unified School District                                          | PACIFIC GROVE CA UNIF SCH DIST                               | CUSIP: 694393SU4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    320000 | PA      | $348619.49    | 0.03%             | 2045-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pacific Grove Unified School District                                          | PACIFIC GROVE CA UNIF SCH DIST                               | CUSIP: 694393SV2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1425000 | PA      | $1382942.69   | 0.14%             | 2051-08-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Pajaro Valley Unified School District                                          | PAJARO VLY CA UNIF SCH DIST                                  | CUSIP: 695802RS9<br>LEI: 549300WHZ2OWRXQ3OY05 | Long             | DBT              | MUN               | US        |   8650000 | PA      | $8541806.67   | 0.84%             | 2045-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Palmdale Elementary School District                                            | PALMDALE CA SCH DIST                                         | CUSIP: 696735QT9<br>LEI: 549300YBE1L2RGBY7L18 | Long             | DBT              | MUN               | US        |    500000 | PA      | $462854.90    | 0.05%             | 2029-08-01      | Fixed         | 1.67%                 | No            |                  2 | On Loan: No      |
| Palmdale Elementary School District                                            | PALMDALE CA SCH DIST                                         | CUSIP: 696735TL3<br>LEI: 549300YBE1L2RGBY7L18 | Long             | DBT              | MUN               | US        |    200000 | PA      | $219519.76    | 0.02%             | 2044-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Palmdale Elementary School District                                            | PALMDALE CA SCH DIST                                         | CUSIP: 696735TM1<br>LEI: 549300YBE1L2RGBY7L18 | Long             | DBT              | MUN               | US        |    225000 | PA      | $244747.31    | 0.02%             | 2045-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Palmdale Elementary School District                                            | PALMDALE CA SCH DIST                                         | CUSIP: 696735TN9<br>LEI: 549300YBE1L2RGBY7L18 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1328641.88   | 0.13%             | 2050-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Palo Alto Unified School District                                              | PALO ALTO CA UNIF SCH DIST                                   | CUSIP: 697379TM7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6345000 | PA      | $5191971.37   | 0.51%             | 2033-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Palo Alto Unified School District                                              | PALO ALTO CA UNIF SCH DIST                                   | CUSIP: 697379YR0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    130000 | PA      | $121237.03    | 0.01%             | 2042-08-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| City of Pasadena CA                                                            | PASADENA CA                                                  | CUSIP: 70218GBB0<br>LEI: 5493007ZF3ZMBUWLWB58 | Long             | DBT              | MUN               | US        |   5040000 | PA      | $5387659.70   | 0.53%             | 2051-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pasadena Unified School District                                               | PASADENA CA UNIF SCH DIST                                    | CUSIP: 702282RW6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4455335.20   | 0.44%             | 2043-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pasadena Unified School District                                               | PASADENA CA UNIF SCH DIST                                    | CUSIP: 702282RX4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2205345.20   | 0.22%             | 2044-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pasadena Unified School District                                               | PASADENA CA UNIF SCH DIST                                    | CUSIP: 702282SA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1655270.55   | 0.16%             | 2047-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Pasadena Unified School District                                               | PASADENA CA UNIF SCH DIST                                    | CUSIP: 702282SB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4352922.80   | 0.43%             | 2050-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Patterson Joint Unified School District                                        | PATTERSON CA JT UNIF SCH DIST                                | CUSIP: 703373JD3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1089205.10   | 0.11%             | 2044-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Patterson Joint Unified School District                                        | PATTERSON CA JT UNIF SCH DIST                                | CUSIP: 703373JG6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2126227.60   | 0.21%             | 2049-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Patterson Joint Unified School District                                        | PATTERSON CA JT UNIF SCH DIST                                | CUSIP: 703373JJ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1350000 | PA      | $1412436.15   | 0.14%             | 2055-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Peralta Community College District                                             | PERALTA CA CMNTY CLG DIST LTDOBLG                            | CUSIP: 713580BN7<br>LEI: 254900VWMA3IHACOBO19 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2500000.00   | 0.25%             | 2031-08-05      | Floating      | 3.85%                 | No            |                  2 | On Loan: No      |
| Piner-Olivet Union Elementary School District/CA                               | PINER-OLIVET CA UNION SCH DIST                               | CUSIP: 723291DB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     60000 | PA      | $57236.74     | 0.01%             | 2050-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Pleasanton Unified School District                                             | PLEASANTON CA UNIF SCH DIST                                  | CUSIP: 728835M22<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1065000 | PA      | $1235689.68   | 0.12%             | 2040-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pleasanton Unified School District                                             | PLEASANTON CA UNIF SCH DIST                                  | CUSIP: 728835M30<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1180000 | PA      | $1353826.04   | 0.13%             | 2041-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pleasanton Unified School District                                             | PLEASANTON CA UNIF SCH DIST                                  | CUSIP: 728835M48<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2485000 | PA      | $2818559.81   | 0.28%             | 2042-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pleasanton Unified School District                                             | PLEASANTON CA UNIF SCH DIST                                  | CUSIP: 728835N96<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    850000 | PA      | $853950.21    | 0.08%             | 2046-08-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                                    | PUERTO RICO CMWLTH                                           | CUSIP: 74514L3H8<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |   3045000 | PA      | $3227521.87   | 0.32%             | 2029-07-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                                    | PUERTO RICO CMWLTH                                           | CUSIP: 74514L3R6<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |    637594 | PA      | $462137.95    | 0.05%             | 2033-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                           | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526Q2R2<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |   2100000 | PA      | $2134231.89   | 0.21%             | 2032-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Ravenswood City School District/CA                                             | RAVENSWOOD CA CITY SCH DIST                                  | CUSIP: 754405JY5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     70000 | PA      | $83846.01     | 0.01%             | 2036-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ravenswood City School District/CA                                             | RAVENSWOOD CA CITY SCH DIST                                  | CUSIP: 754405JZ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    125000 | PA      | $148377.34    | 0.01%             | 2037-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ravenswood City School District/CA                                             | RAVENSWOOD CA CITY SCH DIST                                  | CUSIP: 754405KC1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1150000 | PA      | $1150260.13   | 0.11%             | 2052-08-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Ravenswood City School District/CA                                             | RAVENSWOOD CA CITY SCH DIST                                  | CUSIP: 754405KD9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $175358.19    | 0.02%             | 2039-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Ravenswood City School District/CA                                             | RAVENSWOOD CA CITY SCH DIST                                  | CUSIP: 754405KE7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    650000 | PA      | $357690.06    | 0.04%             | 2040-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Ravenswood City School District/CA                                             | RAVENSWOOD CA CITY SCH DIST                                  | CUSIP: 754405KF4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $516751.60    | 0.05%             | 2041-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Ravenswood City School District/CA                                             | RAVENSWOOD CA CITY SCH DIST                                  | CUSIP: 754405KG2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $482884.10    | 0.05%             | 2042-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Ravenswood City School District/CA                                             | RAVENSWOOD CA CITY SCH DIST                                  | CUSIP: 754405KH0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    850000 | PA      | $384318.58    | 0.04%             | 2043-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Ravenswood City School District/CA                                             | RAVENSWOOD CA CITY SCH DIST                                  | CUSIP: 754405KJ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    945000 | PA      | $400677.45    | 0.04%             | 2044-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Ravenswood City School District/CA                                             | RAVENSWOOD CA CITY SCH DIST                                  | CUSIP: 754405KK3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1055000 | PA      | $420454.95    | 0.04%             | 2045-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Rio Elementary School District Community Facilities District                   | RIO CA ELEM SCH DIST CMNTY FACS DIST SPL TAX                 | CUSIP: 767027EC5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $941559.90    | 0.09%             | 2028-09-01      | Fixed         | 1.83%                 | No            |                  2 | On Loan: No      |
| Rio Elementary School District Community Facilities District                   | RIO CA ELEM SCH DIST CMNTY FACS DIST SPL TAX                 | CUSIP: 767027EF8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1335940.35   | 0.13%             | 2031-09-01      | Fixed         | 2.31%                 | No            |                  2 | On Loan: No      |
| Rio Hondo Community College District/CA                                        | RIO HONDO CA CMNTY CLG DIST                                  | CUSIP: 767121FF8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1128981.60   | 0.11%             | 2042-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Rio Hondo Community College District/CA                                        | RIO HONDO CA CMNTY CLG DIST                                  | CUSIP: 767121FG6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1113833.80   | 0.11%             | 2043-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Rio Hondo Community College District/CA                                        | RIO HONDO CA CMNTY CLG DIST                                  | CUSIP: 767121FJ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1369131.88   | 0.13%             | 2045-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Riverbank Unified School District                                              | RIVERBANK CA UNIF SCH DIST                                   | CUSIP: 768569EW1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1085852.70   | 0.11%             | 2052-08-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Riverside Community College District                                           | RIVERSIDE CA CMNTY CLG DIST                                  | CUSIP: 76886PKT9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $50358.06     | 0.00%             | 2043-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| RNR School Financing Authority                                                 | RNR CA SCH FING AUTH                                         | CUSIP: 769697LR2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1030821.10   | 0.10%             | 2040-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| RNR School Financing Authority                                                 | RNR CA SCH FING AUTH                                         | CUSIP: 769697LS0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1011765.60   | 0.10%             | 2042-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Sacramento City Unified School District/CA                                     | SACRAMENTO CITY CA UNIF SCH DIST                             | CUSIP: 785870S98<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5259430.00   | 0.52%             | 2050-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Sacramento CA Airport System Revenue                                 | SACRAMENTO CNTY CA ARPT SYS REVENUE                          | CUSIP: 786107XB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8530000 | PA      | $8942498.01   | 0.88%             | 2050-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| San Bernardino Community College District                                      | SAN BERNARDINO CA CMNTY CLG DIST                             | CUSIP: 796720QZ6<br>LEI: 549300Y4FPTEP3EQZ007 | Long             | DBT              | MUN               | US        |   2125000 | PA      | $2100201.04   | 0.21%             | 2049-08-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| San Bernardino Community College District                                      | SAN BERNARDINO CA CMNTY CLG DIST                             | CUSIP: 796720RS1<br>LEI: 549300Y4FPTEP3EQZ007 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2257963.20   | 0.22%             | 2042-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Bernardino Community College District                                      | SAN BERNARDINO CA CMNTY CLG DIST                             | CUSIP: 796720RT9<br>LEI: 549300Y4FPTEP3EQZ007 | Long             | DBT              | MUN               | US        |   4185000 | PA      | $4661394.45   | 0.46%             | 2043-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Carlos School District                                                     | SAN CARLOS CA SCH DIST                                       | CUSIP: 797138MU5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1525000 | PA      | $1547989.83   | 0.15%             | 2043-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of San Clemente CA                                                        | SAN CLEMENTE CA SPL TAX                                      | CUSIP: 797214DK6<br>LEI: 254900UTAMSIX5XRDK86 | Long             | DBT              | MUN               | US        |   3160000 | PA      | $3481011.44   | 0.34%             | 2043-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of San Clemente CA                                                        | SAN CLEMENTE CA SPL TAX                                      | CUSIP: 797214DM2<br>LEI: 254900UTAMSIX5XRDK86 | Long             | DBT              | MUN               | US        |   1775000 | PA      | $1917819.34   | 0.19%             | 2045-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Diego Community College District                                           | SAN DIEGO CA CMNTY CLG DIST                                  | CUSIP: 797272RS2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2600000 | PA      | $2404500.80   | 0.24%             | 2030-08-01      | Fixed         | 2.01%                 | No            |                  2 | On Loan: No      |
| San Diego Community College District                                           | SAN DIEGO CA CMNTY CLG DIST                                  | CUSIP: 797272TE1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4615000 | PA      | $4908524.15   | 0.48%             | 2055-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Diego Redevelopment Agency Successor Agency                                | SAN DIEGO CA REDEV AGY SUCCESSOR AGY TAX ALLOCATION          | CUSIP: 79730WBC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $249991.30    | 0.02%             | 2026-09-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| San Diego Unified School District/CA                                           | SAN DIEGO CA UNIF SCH DIST                                   | CUSIP: 797356RE4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1650000 | PA      | $1939656.84   | 0.19%             | 2043-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Diego Unified School District/CA                                           | SAN DIEGO CA UNIF SCH DIST                                   | CUSIP: 797356SN3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    920000 | PA      | $1034232.17   | 0.10%             | 2043-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Diego Unified School District/CA                                           | SAN DIEGO CA UNIF SCH DIST                                   | CUSIP: 797356SP8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    345000 | PA      | $381921.38    | 0.04%             | 2044-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Diego Unified School District/CA                                           | SAN DIEGO CA UNIF SCH DIST                                   | CUSIP: 797356SQ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1097153.90   | 0.11%             | 2045-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Diego Unified School District/CA                                           | SAN DIEGO CA UNIF SCH DIST                                   | CUSIP: 797356TG7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    690000 | PA      | $763842.77    | 0.08%             | 2044-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Diego Unified School District/CA                                           | SAN DIEGO CA UNIF SCH DIST                                   | CUSIP: 797356TH5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2194307.80   | 0.22%             | 2045-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Diego Unified School District/CA                                           | SAN DIEGO CA UNIF SCH DIST                                   | CUSIP: 797356TK8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2575000 | PA      | $2793378.03   | 0.27%             | 2047-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Diego County Regional Airport Authority                                    | SAN DIEGO CNTY CA REGL ARPT AUTH AIRPORT REVENUE             | CUSIP: 79739GRE8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3270684.60   | 0.32%             | 2039-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Diego County Regional Airport Authority                                    | SAN DIEGO CNTY CA REGL ARPT AUTH AIRPORT REVENUE             | CUSIP: 79739GRH1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6850000 | PA      | $7253469.80   | 0.71%             | 2042-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Diego County Regional Airport Authority                                    | SAN DIEGO CNTY CA REGL ARPT AUTH AIRPORT REVENUE             | CUSIP: 79739GRJ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7240000 | PA      | $7601990.59   | 0.75%             | 2043-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Diego County Regional Airport Authority                                    | SAN DIEGO CNTY CA REGL ARPT AUTH AIRPORT REVENUE             | CUSIP: 79739GSN7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $666908.04    | 0.07%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Diego County Regional Airport Authority                                    | SAN DIEGO CNTY CA REGL ARPT AUTH AIRPORT REVENUE             | CUSIP: 79739GSQ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1702388.55   | 0.17%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of San Francisco CA Public Utilities Commission Water Revenue             | SAN FRANCISCO CITY & CNTY CA PUBLIC UTILITIES COMMISSION WTR | CUSIP: 79765RJ67<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  13240000 | PA      | $13251284.45  | 1.30%             | 2039-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| San Francisco Bay Area Rapid Transit District                                  | SAN FRANCISCO CA BAY AREA RAPID TRANSIT DIST                 | CUSIP: 797661F42<br>LEI: 549300Y3C3QUMLE3FY58 | Long             | DBT              | MUN               | US        |   5250000 | PA      | $5897443.65   | 0.58%             | 2043-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Francisco Bay Area Rapid Transit District                                  | SAN FRANCISCO CA BAY AREA RAPID TRANSIT DIST                 | CUSIP: 797661F59<br>LEI: 549300Y3C3QUMLE3FY58 | Long             | DBT              | MUN               | US        |   7000000 | PA      | $7784334.60   | 0.76%             | 2044-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Francisco Bay Area Rapid Transit District                                  | SAN FRANCISCO CA BAY AREA RAPID TRANSIT DIST                 | CUSIP: 797661F67<br>LEI: 549300Y3C3QUMLE3FY58 | Long             | DBT              | MUN               | US        |   4500000 | PA      | $4955458.05   | 0.49%             | 2045-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Francisco City & County Airport Comm-San Francisco International Airport   | SAN FRANCISCO CA CITY &CNTY ARPTS COMMN INTL ARPT REV        | CUSIP: 79766DGE3<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |   2485000 | PA      | $2490849.19   | 0.24%             | 2041-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Francisco City & County Airport Comm-San Francisco International Airport   | SAN FRANCISCO CA CITY &CNTY ARPTS COMMN INTL ARPT REV        | CUSIP: 79766DVY2<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |   9390000 | PA      | $10080178.15  | 0.99%             | 2048-05-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| San Francisco City & County Airport Comm-San Francisco International Airport   | SAN FRANCISCO CA CITY &CNTY ARPTS COMMN INTL ARPT REV        | CUSIP: 79766DYB9<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3262420.80   | 0.32%             | 2045-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Francisco City & County Redevelopment Agency Successor Agency              | SAN FRANCISCO CITY & CNTY CA REDEV AGY SUCCESSOR AGY TAX     | CUSIP: 79770GJZ0<br>LEI: 5493001TPOZL3UK8DX25 | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1825343.80   | 0.18%             | 2048-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Jacinto Unified School District                                            | SAN JACINTO CA UNIF SCH DIST                                 | CUSIP: 797848KH0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    855000 | PA      | $914869.41    | 0.09%             | 2048-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Jacinto Unified School District                                            | SAN JACINTO CA UNIF SCH DIST                                 | CUSIP: 797848KJ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3590000 | PA      | $3833980.35   | 0.38%             | 2049-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Joaquin Hills Transportation Corridor Agency                               | SAN JOAQUIN HILLS CA TRANSPRTN CORRIDOR AGY TOLL ROAD REV    | CUSIP: 798111HG8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7145000 | PA      | $6949279.16   | 0.68%             | 2028-01-15      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| San Jose Unified School District                                               | SAN JOSE CA UNIF SCH DIST SANTA CLARA CNTY                   | CUSIP: 798186S94<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8500000 | PA      | $9256983.65   | 0.91%             | 2050-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| San Jose Evergreen Community College District                                  | SAN JOSE CA EVERGREEN CMNTY CLG DIST                         | CUSIP: 798189TE6<br>LEI: 5493006H31JIFYW6Z091 | Long             | DBT              | MUN               | US        |     15000 | PA      | $15267.92     | 0.00%             | 2042-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| San Juan Unified School District                                               | SAN JUAN CA UNIF SCH DIST                                    | CUSIP: 798306ZS8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1395000 | PA      | $1334662.76   | 0.13%             | 2049-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| San Luis Coastal Unified School District                                       | SAN LUIS COASTAL CA UNIF SCH DIST                            | CUSIP: 798546EF0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    335000 | PA      | $320582.57    | 0.03%             | 2053-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of San Luis Obispo CA Community Facilities District No 2019-1             | SAN LUIS OBISPO CA CMNTY FACS DIST #2019-1 SPL TAX           | CUSIP: 798601AL4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    125000 | PA      | $128553.25    | 0.01%             | 2033-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| San Marcos Unified School District                                             | SAN MARCOS CA UNIF SCH DIST                                  | CUSIP: 798755HY3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4840000 | PA      | $5222691.54   | 0.51%             | 2055-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| San Marino Unified School District                                             | SAN MARINO CA UNIF SCH DIST                                  | CUSIP: 798832HA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    890000 | PA      | $993120.03    | 0.10%             | 2041-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Marino Unified School District                                             | SAN MARINO CA UNIF SCH DIST                                  | CUSIP: 798832HB0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    915000 | PA      | $1011430.29   | 0.10%             | 2042-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Marino Unified School District                                             | SAN MARINO CA UNIF SCH DIST                                  | CUSIP: 798832HC8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $546577.45    | 0.05%             | 2043-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Marino Unified School District                                             | SAN MARINO CA UNIF SCH DIST                                  | CUSIP: 798832HD6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    535000 | PA      | $580738.86    | 0.06%             | 2044-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Marino Unified School District                                             | SAN MARINO CA UNIF SCH DIST                                  | CUSIP: 798832HF1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    895000 | PA      | $960854.28    | 0.09%             | 2046-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Mateo Union High School District                                           | SAN MATEO CA UNION HIGH SCH DIST                             | CUSIP: 799017YE2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1220000 | PA      | $1027646.75   | 0.10%             | 2034-09-01      | Fixed         | 2.11%                 | No            |                  2 | On Loan: No      |
| San Mateo Foster City School District/CA                                       | SAN MATEO CA FOSTER CITY SCH DIST                            | CUSIP: 799055VL9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    115000 | PA      | $125307.81    | 0.01%             | 2044-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Mateo Foster City Public Financing Authority                               | SAN MATEO FOSTER CITY CA PUBLIC FING AUTH WSTWTR REVENUE     | CUSIP: 79905VAX9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3680000 | PA      | $3821012.45   | 0.38%             | 2049-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Rafael City Elementary School District                                     | SAN RAFAEL CA ELEM SCH DIST                                  | CUSIP: 799306RD9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1030000 | PA      | $1039416.88   | 0.10%             | 2042-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| San Rafael City Elementary School District                                     | SAN RAFAEL CA ELEM SCH DIST                                  | CUSIP: 799306RE7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2225000 | PA      | $2229360.78   | 0.22%             | 2047-08-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| San Rafael City Elementary School District                                     | SAN RAFAEL CA ELEM SCH DIST                                  | CUSIP: 799306SH9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    420000 | PA      | $460991.50    | 0.05%             | 2044-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Rafael City Elementary School District                                     | SAN RAFAEL CA ELEM SCH DIST                                  | CUSIP: 799306SJ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $272358.98    | 0.03%             | 2045-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Rafael City Elementary School District                                     | SAN RAFAEL CA ELEM SCH DIST                                  | CUSIP: 799306SK2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1650000 | PA      | $1755146.91   | 0.17%             | 2050-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Rafael City Elementary School District                                     | SAN RAFAEL CA ELEM SCH DIST                                  | CUSIP: 799306SL0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1485000 | PA      | $1568639.95   | 0.15%             | 2055-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Sanger Unified School District                                                 | SANGER CA UNIF SCH DIST                                      | CUSIP: 800851VR5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2160000 | PA      | $2334163.18   | 0.23%             | 2051-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Santa Clarita Community College District                                       | SANTA CLARITA CA CMNTY CLG DIST                              | CUSIP: 801686UL8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1835000 | PA      | $1988210.57   | 0.20%             | 2045-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Santa Clara Valley Water District                                              | SANTA CLARA VLY CA WTR DIST WTR SYS REVENUE                  | CUSIP: 80168AJQ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1390000 | PA      | $1408132.69   | 0.14%             | 2033-06-01      | Fixed         | 4.57%                 | No            |                  2 | On Loan: No      |
| Santa Monica-Malibu Unified School District                                    | SANTA MONICA-MALIBU CA UNIF SCH DIST                         | CUSIP: 802498A88<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7420000 | PA      | $8182282.57   | 0.80%             | 2040-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Santa Monica-Malibu Unified School District                                    | SANTA MONICA-MALIBU CA UNIF SCH DIST                         | CUSIP: 802498F34<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2050000 | PA      | $2232330.90   | 0.22%             | 2044-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Santa Monica-Malibu Unified School District                                    | SANTA MONICA-MALIBU CA UNIF SCH DIST                         | CUSIP: 802498J71<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    625000 | PA      | $687139.75    | 0.07%             | 2043-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Santa Monica-Malibu Unified School District                                    | SANTA MONICA-MALIBU CA UNIF SCH DIST                         | CUSIP: 802498J89<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2015000 | PA      | $2194217.93   | 0.22%             | 2044-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Santa Monica-Malibu Unified School District                                    | SANTA MONICA-MALIBU CA UNIF SCH DIST                         | CUSIP: 802498J97<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    980000 | PA      | $1058588.16   | 0.10%             | 2045-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Santa Monica-Malibu Unified School District                                    | SANTA MONICA-MALIBU CA UNIF SCH DIST                         | CUSIP: 802498K20<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1609351.35   | 0.16%             | 2046-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Santa Monica-Malibu Unified School District                                    | SANTA MONICA-MALIBU CA UNIF SCH DIST                         | CUSIP: 802498K46<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  11000000 | PA      | $11620522.10  | 1.14%             | 2050-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Santa Monica-Malibu Unified School District                                    | SANTA MONICA-MALIBU CA UNIF SCH DIST                         | CUSIP: 802498K53<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1725000 | PA      | $1815250.97   | 0.18%             | 2055-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Santa Monica-Malibu Unified School District                                    | SANTA MONICA-MALIBU CA UNIF SCH DIST                         | CUSIP: 802498K61<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $968095.60    | 0.10%             | 2055-08-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Scotts Valley Unified School District                                          | SCOTTS VLY CA UNIFIED SCH DIST                               | CUSIP: 81023QEJ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1190715.46   | 0.12%             | 2050-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Sebastopol Union School District                                               | SEBASTOPOL CA UNION SCH DIST                                 | CUSIP: 812880FZ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $532269.00    | 0.05%             | 2050-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Sebastopol Union School District                                               | SEBASTOPOL CA UNION SCH DIST                                 | CUSIP: 812880GA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1059550.90   | 0.10%             | 2055-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Sequoia Union High School District                                             | SEQUOIA CA UNION HIGH SCH DIST                               | CUSIP: 817409U94<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4570000 | PA      | $4342890.65   | 0.43%             | 2052-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Simi Valley Unified School District                                            | SIMI VLY CA UNIF SCH DIST                                    | CUSIP: 828641UD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4900000 | PA      | $4587624.02   | 0.45%             | 2028-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Southwestern Community College District                                        | S WSTRN CA CMNTY CLG DIST                                    | CUSIP: 845389QH1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1698328.35   | 0.17%             | 2043-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Southwestern Community College District                                        | S WSTRN CA CMNTY CLG DIST                                    | CUSIP: 845389QJ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1330000 | PA      | $1487461.09   | 0.15%             | 2044-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Southwestern Community College District                                        | S WSTRN CA CMNTY CLG DIST                                    | CUSIP: 845389QL2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3252041.40   | 0.32%             | 2051-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Southwestern Community College District                                        | S WSTRN CA CMNTY CLG DIST                                    | CUSIP: 845389QN8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1096117.20   | 0.11%             | 2046-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Stockton-East Water District                                                   | STOCKTON-EAST CA WTR DIST                                    | CUSIP: 861431EB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1260000 | PA      | $1318496.26   | 0.13%             | 2050-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Sunnyvale School District                                                      | SUNNYVALE CA SCH DIST                                        | CUSIP: 867578XU5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1290000 | PA      | $1440125.81   | 0.14%             | 2043-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Sunnyvale School District                                                      | SUNNYVALE CA SCH DIST                                        | CUSIP: 867578XV3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1955000 | PA      | $2163836.03   | 0.21%             | 2044-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Sunnyvale School District                                                      | SUNNYVALE CA SCH DIST                                        | CUSIP: 867578XW1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    975000 | PA      | $1071056.51   | 0.11%             | 2045-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tamalpais Union High School District                                           | TAMALPAIS CA UNION HIGH SCH DIST                             | CUSIP: 874857LT0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2610000 | PA      | $2625260.67   | 0.26%             | 2049-08-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Temecula Valley Unified School District                                        | TEMECULA VLY CA UNIF SCH DIST                                | CUSIP: 87970GNS2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    865000 | PA      | $841669.31    | 0.08%             | 2045-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Torrance Unified School District                                               | TORRANCE CA UNIF SCH DIST                                    | CUSIP: 891381Z24<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2085000 | PA      | $2091800.02   | 0.21%             | 2039-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Tracy Community Facilities District/CA                                         | TRACY CA CMNTY FACS DIST SPL TAX                             | CUSIP: 892376UU6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $327407.01    | 0.03%             | 2042-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tracy Community Facilities District/CA                                         | TRACY CA CMNTY FACS DIST SPL TAX                             | CUSIP: 892376UV4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $269503.10    | 0.03%             | 2043-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tracy Community Facilities District/CA                                         | TRACY CA CMNTY FACS DIST SPL TAX                             | CUSIP: 892376UW2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    225000 | PA      | $239604.28    | 0.02%             | 2044-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tracy Community Facilities District/CA                                         | TRACY CA CMNTY FACS DIST SPL TAX                             | CUSIP: 892376UX0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    585000 | PA      | $617172.13    | 0.06%             | 2045-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tracy Community Facilities District/CA                                         | TRACY CA CMNTY FACS DIST SPL TAX                             | CUSIP: 892376UY8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3119969.70   | 0.31%             | 2050-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tracy Community Facilities District/CA                                         | TRACY CA CMNTY FACS DIST SPL TAX                             | CUSIP: 892376UZ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3094148.70   | 0.30%             | 2054-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Trinity Public Utilities District                                              | TRINITY CA PUBLIC UTILITIES DIST FING AUTH ELEC REVENUE      | CUSIP: 89656BBM6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1165000 | PA      | $1069658.15   | 0.11%             | 2031-04-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Ukiah Unified School District/CA                                               | UKIAH CA UNIF SCH DIST                                       | CUSIP: 903698EU8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2350000 | PA      | $2543158.96   | 0.25%             | 2049-08-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Regents of the University of California Medical Center Pooled Revenue          | UNIV OF CALIFORNIA CA RGTS MED CENTER POOLED REVENUE         | CUSIP: 913366KE9<br>LEI: RRR42I7GG51DB5HDQR14 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10000000.00  | 0.98%             | 2045-05-15      | Floating      | 1.70%                 | No            |                  2 | On Loan: No      |
| University of California                                                       | UNIV OF CALIFORNIA REVENUES                                  | CUSIP: 91412GEX9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3500000.00   | 0.34%             | 2041-07-01      | Floating      | 3.95%                 | No            |                  2 | On Loan: No      |
| University of California                                                       | UNIV OF CALIFORNIA CA REVENUES                               | CUSIP: 91412HWL3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1467978.60   | 0.14%             | 2040-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Ventura Unified School District                                                | VENTURA CA UNIF SCH DIST                                     | CUSIP: 923004UK9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1725000 | PA      | $1709926.43   | 0.17%             | 2051-08-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Ventura Unified School District                                                | VENTURA CA UNIF SCH DIST                                     | CUSIP: 923004UL7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  11105000 | PA      | $11812807.16  | 1.16%             | 2055-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Vernon CA Electric System Revenue                                      | VERNON CA ELEC SYS REVENUE                                   | CUSIP: 924397FB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1420000 | PA      | $1559428.10   | 0.15%             | 2035-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Walnut Creek Elementary School District Contra Costa County/CA                 | WALNUT CREEK CA SCH DIST CONTRA COSTA CNTY                   | CUSIP: 932712TU6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1061624.60   | 0.10%             | 2050-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington Unified School District/Yolo County CA                              | WASHINGTON CA UNIF SCH DIST YOLO CNTY                        | CUSIP: 937411NQ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1940000 | PA      | $1984305.14   | 0.19%             | 2041-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Washington Unified School District/Yolo County CA                              | WASHINGTON CA UNIF SCH DIST YOLO CNTY                        | CUSIP: 937411NS1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2400000 | PA      | $2410042.32   | 0.24%             | 2043-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Washington Unified School District/Yolo County CA                              | WASHINGTON CA UNIF SCH DIST YOLO CNTY                        | CUSIP: 937411NT9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2640000 | PA      | $2624157.10   | 0.26%             | 2044-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Washington Township Health Care District                                       | WASHINGTON TWP CA HLTH CARE DIST                             | CUSIP: 940642GB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1025261.20   | 0.10%             | 2042-08-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| West Sonoma County Union High School District                                  | W SONOMA CNTY CA UNION HIGH SCH DIST                         | CUSIP: 956101JW0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1576640.40   | 0.15%             | 2050-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-01-29

**Name of Applicant:** Eaton Vance Municipals Trust

**Signature:** James Kirchner

**Name of Signer:** James Kirchner

**Title:** Treasurer