# EDGAR Filing Document

**Accession Number:** 0000778365
**File Stem:** 0001410368-25-043556
**Filing Date:** 2025-12
**Character Count:** 337855
**Document Hash:** 67de43326198b77997e15520bb8c7bb9
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001410368-25-043556.hdr.sgml**: 20251229

**ACCESSION NUMBER**: 0001410368-25-043556

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251031

**FILED AS OF DATE**: 20251229

**DATE AS OF CHANGE**: 20251229

**PERIOD START**: 20260731

**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:** 251607287

**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 Municipal Opportunities Fund (Series ID: S000032714)

| Class ID   | Class Name                                       | Ticker Symbol   |
|:---|:---|:---|
| C000100969 | Eaton Vance Municipal Opportunities Fund Class A | EMOAX           |
| C000100970 | Eaton Vance Municipal Opportunities Fund Class C | EMOCX           |
| C000100971 | Eaton Vance Municipal Opportunities Fund Class I | EMOIX           |

## Nport-Ex

Eaton Vance<br>

Municipal Opportunities Fund

October 31, 2025

Portfolio of Investments (Unaudited)

------

Closed-End Funds — 0.2%

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| BlackRock California Municipal Income Trust | 135613 | &nbsp;&nbsp;$1493099 |
| Total Closed-End Funds<br> (identified cost $1,448,898) |  | &nbsp;&nbsp;**$1493099** |

---

Tax-Exempt Mortgage-Backed Securities — 0.1%

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Housing — 0.1% | Housing — 0.1% | Housing — 0.1% |
| FRETE 2017-ML01 Trust, (Freddie Mac guaranteed), 4.954%, (30-day SOFR Average + 0.50%), 1/25/33<sup>(1)(2)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;415 | &nbsp;&nbsp;$414963 |
| Total Tax-Exempt Mortgage-Backed Securities<br> (identified cost $414,973) |  | &nbsp;&nbsp;**$414963** |

---

Tax-Exempt Municipal Obligations — 94.3%

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Bond Bank — 0.4% | Bond Bank — 0.4% | Bond Bank — 0.4% |
| Oklahoma Water Resources Board, (State Loan Program), 4.00%, 10/1/44 | $&nbsp;&nbsp;&nbsp;&nbsp;2910 | &nbsp;&nbsp;$2844559 |
| Virginia Resources Authority, (Pooled Financing Program), 4.125%, 11/1/40 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;190 | &nbsp;&nbsp;&nbsp;&nbsp; 199677 |
|  |  | &nbsp;&nbsp;**$3044236** |
| Education — 6.2% | Education — 6.2% | Education — 6.2% |
| Capital Trust Agency, FL, (Florida Charter Educational Foundation, Inc.), 4.50%, 6/15/28<sup>(1)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;300 | &nbsp;&nbsp;$298918 |
| Clemson University, SC: |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 5/1/43 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;195 | &nbsp;&nbsp;&nbsp;&nbsp; 212257 |
| &nbsp;&nbsp;&nbsp;5.00%, 5/1/50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;475 | &nbsp;&nbsp;&nbsp;&nbsp; 505229 |
| Cobb County Development Authority, GA, (Mt. Bethel Christian Academy), 5.00%, 6/1/35<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;1160 | &nbsp;&nbsp;&nbsp;&nbsp; 1196670 |
| Connecticut Health and Educational Facilities Authority, (Quinnipiac University), 4.125%, 7/1/41 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;545 | &nbsp;&nbsp;&nbsp;&nbsp; 545021 |
| Connecticut Health and Educational Facilities Authority, (Yale University), 3.50%, 7/1/36<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;4000 | &nbsp;&nbsp;&nbsp;&nbsp; 4000000 |
| Florence County, SC, (Savannah Grove Infrastructure), 5.25%, 12/1/53 | &nbsp;&nbsp;&nbsp;&nbsp;2300 | &nbsp;&nbsp;&nbsp;&nbsp; 2404324 |
| Kansas Development Finance Authority, (Kansas State University), 3.00%, 4/1/38 | &nbsp;&nbsp;&nbsp;&nbsp;2315 | &nbsp;&nbsp;&nbsp;&nbsp; 2140228 |
| Kayenta Unified School District No. 27, AZ, 6.00%, 7/1/44 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;490 | &nbsp;&nbsp;&nbsp;&nbsp; 542469 |

---

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Education (continued) | Education (continued) | Education (continued) |
| Maryland Health and Higher Educational Facilities Authority, (Loyola University Maryland): |  |  |
| &nbsp;&nbsp;&nbsp;4.25%, 10/1/44 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25 | &nbsp;&nbsp;$24315 |
| &nbsp;&nbsp;&nbsp;5.00%, 10/1/43 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;670 | &nbsp;&nbsp;&nbsp;&nbsp; 709270 |
| Massachusetts Development Finance Agency, (Boston University), 4.00%, 10/1/46 | &nbsp;&nbsp;&nbsp;&nbsp;2110 | &nbsp;&nbsp;&nbsp;&nbsp; 2007029 |
| Massachusetts Development Finance Agency, (Worcester Polytechnic Institute), 5.00%, 9/1/59 | &nbsp;&nbsp;&nbsp;&nbsp;3095 | &nbsp;&nbsp;&nbsp;&nbsp; 3138731 |
| Metropolitan Government of Nashville and Davidson County Health and Educational Facilities Board, TN, (Belmont University), 4.00%, 5/1/51 | &nbsp;&nbsp;&nbsp;&nbsp;1960 | &nbsp;&nbsp;&nbsp;&nbsp; 1774619 |
| Michigan Finance Authority, (Cesar Chavez Academy), 5.00%, 2/1/33 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;830 | &nbsp;&nbsp;&nbsp;&nbsp; 853535 |
| Pinellas County Educational Facilities Authority, FL, (Pinellas Academy of Math and Science): |  |  |
| &nbsp;&nbsp;&nbsp;4.125%, 12/15/28<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;310 | &nbsp;&nbsp;&nbsp;&nbsp; 311153 |
| &nbsp;&nbsp;&nbsp;5.00%, 12/15/38<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;2690 | &nbsp;&nbsp;&nbsp;&nbsp; 2723238 |
| Public Finance Authority, WI, (North Carolina Leadership Academy): |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 6/15/39<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;140 | &nbsp;&nbsp;&nbsp;&nbsp; 138051 |
| &nbsp;&nbsp;&nbsp;5.00%, 6/15/49<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;260 | &nbsp;&nbsp;&nbsp;&nbsp; 239434 |
| Public Finance Authority, WI, (Roseman University of Health Sciences): |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 4/1/40<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;795 | &nbsp;&nbsp;&nbsp;&nbsp; 796439 |
| &nbsp;&nbsp;&nbsp;5.00%, 4/1/50<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;1060 | &nbsp;&nbsp;&nbsp;&nbsp; 984996 |
| Public Finance Authority, WI, (Triad Math and Science Academy Co.), 5.25%, 6/15/45 | &nbsp;&nbsp;&nbsp;&nbsp;1150 | &nbsp;&nbsp;&nbsp;&nbsp; 1144734 |
| Sierra Vista Industrial Development Authority, AZ, (American Leadership Academy), 5.00%, 6/15/44<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;1500 | &nbsp;&nbsp;&nbsp;&nbsp; 1446478 |
| South Carolina Jobs-Economic Development Authority, (Furman University), 5.00%, 10/1/39 | &nbsp;&nbsp;&nbsp;&nbsp;2095 | &nbsp;&nbsp;&nbsp;&nbsp; 2328288 |
| South Carolina Jobs-Economic Development Authority, (R.D. Anderson Applied Technology Center), 5.00%, 4/1/50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;895 | &nbsp;&nbsp;&nbsp;&nbsp; 923375 |
| Texas Tech University System, 4.00%, 2/15/43 | &nbsp;&nbsp;&nbsp;&nbsp;3740 | &nbsp;&nbsp;&nbsp;&nbsp; 3658442 |
| Troy Capital Resource Corp., NY, (Rensselaer Polytechnic Institute), 4.00%, 9/1/40 | &nbsp;&nbsp;&nbsp;&nbsp;1250 | &nbsp;&nbsp;&nbsp;&nbsp; 1234553 |
| University of Alabama: |  |  |
| &nbsp;&nbsp;&nbsp;3.00%, 6/1/38 | &nbsp;&nbsp;&nbsp;&nbsp;1280 | &nbsp;&nbsp;&nbsp;&nbsp; 1158478 |
| &nbsp;&nbsp;&nbsp;4.00%, 7/1/43 | &nbsp;&nbsp;&nbsp;&nbsp;2115 | &nbsp;&nbsp;&nbsp;&nbsp; 2092056 |
| &nbsp;&nbsp;&nbsp;4.00%, 7/1/54 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;90 | &nbsp;&nbsp;&nbsp;&nbsp; 82631 |
| University of Delaware, (SPA: TD Bank, N.A.), 4.00%, 11/1/35<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;1800 | &nbsp;&nbsp;&nbsp;&nbsp; 1800000 |
| Vermont Educational and Health Buildings Financing Agency, (Middlebury College): |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 11/1/39 | &nbsp;&nbsp;&nbsp;&nbsp;1900 | &nbsp;&nbsp;&nbsp;&nbsp; 2093048 |
| &nbsp;&nbsp;&nbsp;5.00%, 11/1/40 | &nbsp;&nbsp;&nbsp;&nbsp;1470 | &nbsp;&nbsp;&nbsp;&nbsp; 1606932 |

---

------

Eaton Vance<br>

Municipal Opportunities Fund

October 31, 2025

Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Education (continued) | Education (continued) | Education (continued) |
| Virginia College Building Authority, (Regent University), 6.00%, 6/1/50 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;390 | &nbsp;&nbsp;$416897 |
| Washington Housing Finance Commission, (Evergreen School), 4.50%, 7/1/55 | &nbsp;&nbsp;&nbsp;&nbsp;2755 | &nbsp;&nbsp;&nbsp;&nbsp; 2555784 |
|  |  | &nbsp;&nbsp;**$48087622** |
| Electric Utilities — 1.9% | Electric Utilities — 1.9% | Electric Utilities — 1.9% |
| Fayetteville, NC, Public Works Commission Revenue, 4.00%, 3/1/47<sup>(4)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;4250 | &nbsp;&nbsp;$4115553 |
| Lower Colorado River Authority, TX, (LCRA Transmission Services Corp.), 5.25%, 5/15/36 | &nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp; 1121561 |
| Mesa, AZ, Utility Systems Revenue, 4.00%, 7/1/37 | &nbsp;&nbsp;&nbsp;&nbsp;1030 | &nbsp;&nbsp;&nbsp;&nbsp; 1030309 |
| Missouri Joint Municipal Electric Utility Commission, (MoPEP Facilities), Green Bonds, 5.25%, 12/1/39 | &nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp; 1116101 |
| South Carolina Public Service Authority: |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 12/1/39 | &nbsp;&nbsp;&nbsp;&nbsp;1500 | &nbsp;&nbsp;&nbsp;&nbsp; 1656038 |
| &nbsp;&nbsp;&nbsp;5.00%, 12/1/41 | &nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp; 1083721 |
| &nbsp;&nbsp;&nbsp;5.25%, 12/1/33 | &nbsp;&nbsp;&nbsp;&nbsp;1870 | &nbsp;&nbsp;&nbsp;&nbsp; 2136497 |
| &nbsp;&nbsp;&nbsp;5.25%, 12/1/34 | &nbsp;&nbsp;&nbsp;&nbsp;1940 | &nbsp;&nbsp;&nbsp;&nbsp; 2203756 |
|  |  | &nbsp;&nbsp;**$14463536** |
| Escrowed/Prerefunded — 0.0%<sup>†</sup> | Escrowed/Prerefunded — 0.0%<sup>†</sup> | Escrowed/Prerefunded — 0.0%<sup>†</sup> |
| Public Finance Authority, WI, (Roseman University of Health Sciences), Prerefunded to 4/1/30, 5.00%, 4/1/50<sup>(1)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50 | &nbsp;&nbsp;$54630 |
|  |  | &nbsp;&nbsp;**$54630** |
| General Obligations — 22.8% | General Obligations — 22.8% | General Obligations — 22.8% |
| ABC Unified School District, CA, (Election of 2018), 4.00%, 8/1/47 | $&nbsp;&nbsp;&nbsp;&nbsp;4830 | &nbsp;&nbsp;$4735902 |
| Anne Arundel County, MD: |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 10/1/42 | &nbsp;&nbsp;&nbsp;&nbsp;2635 | &nbsp;&nbsp;&nbsp;&nbsp; 2923946 |
| &nbsp;&nbsp;&nbsp;5.00%, 10/1/46 | &nbsp;&nbsp;&nbsp;&nbsp;1610 | &nbsp;&nbsp;&nbsp;&nbsp; 1661149 |
| Arlington County, VA, 4.00%, 6/15/42 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;400 | &nbsp;&nbsp;&nbsp;&nbsp; 407387 |
| Baldwin County, AL, 5.00%, 4/1/43 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;270 | &nbsp;&nbsp;&nbsp;&nbsp; 287785 |
| Bath Community Schools, MI: |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 5/1/41<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;900 | &nbsp;&nbsp;&nbsp;&nbsp; 979713 |
| &nbsp;&nbsp;&nbsp;5.00%, 5/1/42<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;600 | &nbsp;&nbsp;&nbsp;&nbsp; 648063 |
| Berkeley Unified School District, CA, (Election of 2020), 5.00%, 8/1/44 | &nbsp;&nbsp;&nbsp;&nbsp;2710 | &nbsp;&nbsp;&nbsp;&nbsp; 2974268 |
| Beverly Hills Unified School District, CA, (Election of 2018): |  |  |
| &nbsp;&nbsp;&nbsp;3.25%, 8/1/42 | &nbsp;&nbsp;&nbsp;&nbsp;2220 | &nbsp;&nbsp;&nbsp;&nbsp; 2028976 |
| &nbsp;&nbsp;&nbsp;3.25%, 8/1/44 | &nbsp;&nbsp;&nbsp;&nbsp;3830 | &nbsp;&nbsp;&nbsp;&nbsp; 3360734 |
| Bradley, IL: |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 12/15/43<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;1210 | &nbsp;&nbsp;&nbsp;&nbsp; 1283505 |

---

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| General Obligations (continued) | General Obligations (continued) | General Obligations (continued) |
| Bradley, IL: (continued) |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 12/15/44<sup>(4)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;850 | &nbsp;&nbsp;$894693 |
| Caledonia Community Schools, MI: |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 5/1/42 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;&nbsp; 545590 |
| &nbsp;&nbsp;&nbsp;5.00%, 5/1/43 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;&nbsp; 540534 |
| &nbsp;&nbsp;&nbsp;5.00%, 5/1/45 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;225 | &nbsp;&nbsp;&nbsp;&nbsp; 237220 |
| California: |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 8/1/41 | &nbsp;&nbsp;&nbsp;&nbsp;2755 | &nbsp;&nbsp;&nbsp;&nbsp; 3122376 |
| &nbsp;&nbsp;&nbsp;5.00%, 11/1/42 | &nbsp;&nbsp;&nbsp;&nbsp;5000 | &nbsp;&nbsp;&nbsp;&nbsp; 5457007 |
| Canton Independent School District, TX, (PSF Guaranteed), 5.25%, 2/15/43 | &nbsp;&nbsp;&nbsp;&nbsp;2395 | &nbsp;&nbsp;&nbsp;&nbsp; 2659060 |
| Cecil County, MD, 4.50%, 8/1/53 | &nbsp;&nbsp;&nbsp;&nbsp;2750 | &nbsp;&nbsp;&nbsp;&nbsp; 2780004 |
| Charter Township of White Lake, MI: |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 3/1/42 | &nbsp;&nbsp;&nbsp;&nbsp;1985 | &nbsp;&nbsp;&nbsp;&nbsp; 2143848 |
| &nbsp;&nbsp;&nbsp;5.00%, 3/1/45 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;700 | &nbsp;&nbsp;&nbsp;&nbsp; 738536 |
| Chicago Board of Education, IL: |  |  |
| &nbsp;&nbsp;&nbsp;4.00%, 12/1/35 | &nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp; 1900709 |
| &nbsp;&nbsp;&nbsp;5.00%, 12/1/42 | &nbsp;&nbsp;&nbsp;&nbsp;4475 | &nbsp;&nbsp;&nbsp;&nbsp; 4230937 |
| &nbsp;&nbsp;&nbsp;5.25%, 12/1/35 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;935 | &nbsp;&nbsp;&nbsp;&nbsp; 934991 |
| &nbsp;&nbsp;&nbsp;5.25%, 12/1/39 | &nbsp;&nbsp;&nbsp;&nbsp;5365 | &nbsp;&nbsp;&nbsp;&nbsp; 5290956 |
| &nbsp;&nbsp;&nbsp;5.50%, 12/1/37 | &nbsp;&nbsp;&nbsp;&nbsp;5000 | &nbsp;&nbsp;&nbsp;&nbsp; 5188569 |
| &nbsp;&nbsp;&nbsp;5.50%, 12/1/45<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;&nbsp; 489713 |
| Connecticut: |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 8/15/41 | &nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp; 1117889 |
| &nbsp;&nbsp;&nbsp;Social Bonds, 5.00%, 1/15/39 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;750 | &nbsp;&nbsp;&nbsp;&nbsp; 845616 |
| Cromwell, CT: |  |  |
| &nbsp;&nbsp;&nbsp;4.00%, 4/15/45 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;385 | &nbsp;&nbsp;&nbsp;&nbsp; 387607 |
| &nbsp;&nbsp;&nbsp;4.125%, 4/15/50 | &nbsp;&nbsp;&nbsp;&nbsp;2500 | &nbsp;&nbsp;&nbsp;&nbsp; 2491399 |
| &nbsp;&nbsp;&nbsp;4.25%, 4/15/55 | &nbsp;&nbsp;&nbsp;&nbsp;3060 | &nbsp;&nbsp;&nbsp;&nbsp; 3065591 |
| Cupertino Union School District, CA, (Election of 2024), 5.75%, 8/1/43 | &nbsp;&nbsp;&nbsp;&nbsp;1500 | &nbsp;&nbsp;&nbsp;&nbsp; 1752650 |
| Darien, CT, 4.00%, 4/15/39 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;595 | &nbsp;&nbsp;&nbsp;&nbsp; 618757 |
| DuPage County School District No. 58, IL, 5.50%, 12/15/43 | &nbsp;&nbsp;&nbsp;&nbsp;2765 | &nbsp;&nbsp;&nbsp;&nbsp; 3091003 |
| East Jackson Community Schools, MI: |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 5/1/41 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;840 | &nbsp;&nbsp;&nbsp;&nbsp; 904327 |
| &nbsp;&nbsp;&nbsp;5.00%, 5/1/43 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;&nbsp; 527969 |
| East Longmeadow, MA, 3.00%, 11/1/42 | &nbsp;&nbsp;&nbsp;&nbsp;1365 | &nbsp;&nbsp;&nbsp;&nbsp; 1158517 |
| Fairfield, CT, 4.00%, 7/1/42 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;695 | &nbsp;&nbsp;&nbsp;&nbsp; 711852 |
| Falls Church, VA, 3.00%, 7/15/42 | &nbsp;&nbsp;&nbsp;&nbsp;1445 | &nbsp;&nbsp;&nbsp;&nbsp; 1241345 |
| Fillmore County School District No. 25, NE, 4.625%, 6/15/45 | &nbsp;&nbsp;&nbsp;&nbsp;1085 | &nbsp;&nbsp;&nbsp;&nbsp; 1077239 |
| Flagstaff Unified School District No. 1, AZ, 4.00%, 7/1/44 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;105 | &nbsp;&nbsp;&nbsp;&nbsp; 103350 |
| Francis Howell R-III School District, MO, Prerefunded to 3/1/28, 2.00%, 3/1/40 | &nbsp;&nbsp;&nbsp;&nbsp;2410 | &nbsp;&nbsp;&nbsp;&nbsp; 2365524 |

---

------

Eaton Vance<br>

Municipal Opportunities Fund

October 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) |
| Grand Prairie Independent School District, TX, (PSF Guaranteed): |  |  |
| &nbsp;&nbsp;&nbsp;4.00%, 2/15/31 | $&nbsp;&nbsp;&nbsp;&nbsp;1715 | &nbsp;&nbsp;$1716298 |
| &nbsp;&nbsp;&nbsp;4.00%, 2/15/35 | &nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp; 2000735 |
| Grand Rapids, MI: |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 4/1/44 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;&nbsp; 537134 |
| &nbsp;&nbsp;&nbsp;5.00%, 4/1/45 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;315 | &nbsp;&nbsp;&nbsp;&nbsp; 337010 |
| Grayson County Junior College District, TX, 4.00%, 2/15/49 | &nbsp;&nbsp;&nbsp;&nbsp;1890 | &nbsp;&nbsp;&nbsp;&nbsp; 1760455 |
| Grosse Pointe Farms, MI, 4.00%, 10/1/42 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50 | &nbsp;&nbsp;&nbsp;&nbsp; 50456 |
| Guilford County, NC, 4.00%, 3/1/45 | &nbsp;&nbsp;&nbsp;&nbsp;1615 | &nbsp;&nbsp;&nbsp;&nbsp; 1609050 |
| Hermiston School District No. 8R, OR, 0.00%, 6/15/43 | &nbsp;&nbsp;&nbsp;&nbsp;2565 | &nbsp;&nbsp;&nbsp;&nbsp; 1161735 |
| Hermosa Beach City School District, CA, (Election of 2024): |  |  |
| &nbsp;&nbsp;&nbsp;0.00%, 8/1/37 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;250 | &nbsp;&nbsp;&nbsp;&nbsp; 160801 |
| &nbsp;&nbsp;&nbsp;0.00%, 8/1/40 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;480 | &nbsp;&nbsp;&nbsp;&nbsp; 255707 |
| &nbsp;&nbsp;&nbsp;0.00%, 8/1/41 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;&nbsp; 249512 |
| &nbsp;&nbsp;&nbsp;0.00%, 8/1/44 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;350 | &nbsp;&nbsp;&nbsp;&nbsp; 142042 |
| Huffman Independent School District, TX, (PSF Guaranteed), 5.25%, 2/15/43 | &nbsp;&nbsp;&nbsp;&nbsp;1930 | &nbsp;&nbsp;&nbsp;&nbsp; 2108088 |
| Illinois: |  |  |
| &nbsp;&nbsp;&nbsp;4.00%, 7/1/37 | &nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp; 1999643 |
| &nbsp;&nbsp;&nbsp;5.50%, 5/1/39 | &nbsp;&nbsp;&nbsp;&nbsp;1980 | &nbsp;&nbsp;&nbsp;&nbsp; 2121295 |
| &nbsp;&nbsp;&nbsp;5.75%, 5/1/45 | &nbsp;&nbsp;&nbsp;&nbsp;1770 | &nbsp;&nbsp;&nbsp;&nbsp; 1866549 |
| Islip, NY: |  |  |
| &nbsp;&nbsp;&nbsp;4.00%, 4/1/41 | &nbsp;&nbsp;&nbsp;&nbsp;1395 | &nbsp;&nbsp;&nbsp;&nbsp; 1444894 |
| &nbsp;&nbsp;&nbsp;4.125%, 4/1/42 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;875 | &nbsp;&nbsp;&nbsp;&nbsp; 902715 |
| Kenosha County, WI: |  |  |
| &nbsp;&nbsp;&nbsp;1.50%, 9/1/29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;445 | &nbsp;&nbsp;&nbsp;&nbsp; 415462 |
| &nbsp;&nbsp;&nbsp;1.50%, 9/1/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;360 | &nbsp;&nbsp;&nbsp;&nbsp; 327043 |
| Kentfield School District, CA, (Election of 2024), 4.00%, 8/1/48 | &nbsp;&nbsp;&nbsp;&nbsp;1330 | &nbsp;&nbsp;&nbsp;&nbsp; 1292704 |
| Lafourche Parish School District No. 1, LA: |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 3/1/42 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;550 | &nbsp;&nbsp;&nbsp;&nbsp; 583873 |
| &nbsp;&nbsp;&nbsp;5.00%, 3/1/45 | &nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp; 1040214 |
| Leander Independent School District, TX, (PSF Guaranteed), 5.00%, 8/15/36 | &nbsp;&nbsp;&nbsp;&nbsp;7000 | &nbsp;&nbsp;&nbsp;&nbsp; 8140794 |
| Little Rock School District, AR, 4.00%, 2/1/43<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;2820 | &nbsp;&nbsp;&nbsp;&nbsp; 2788572 |
| Long Beach Community College District, CA: |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 8/1/44 | &nbsp;&nbsp;&nbsp;&nbsp;1250 | &nbsp;&nbsp;&nbsp;&nbsp; 1379398 |
| &nbsp;&nbsp;&nbsp;5.00%, 8/1/45 | &nbsp;&nbsp;&nbsp;&nbsp;1250 | &nbsp;&nbsp;&nbsp;&nbsp; 1369292 |
| Los Angeles Unified School District, CA, Green Bonds, 5.00%, 7/1/43 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;895 | &nbsp;&nbsp;&nbsp;&nbsp; 993705 |
| Lynchburg, VA, 2.375%, 8/1/40 | &nbsp;&nbsp;&nbsp;&nbsp;1245 | &nbsp;&nbsp;&nbsp;&nbsp; 995542 |
| Mabank Independent School District, TX, (PSF Guaranteed), 4.00%, 8/15/49 | &nbsp;&nbsp;&nbsp;&nbsp;2655 | &nbsp;&nbsp;&nbsp;&nbsp; 2465144 |

---

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| General Obligations (continued) | General Obligations (continued) | General Obligations (continued) |
| Mandan Public School District No. 1, ND, 3.00%, 8/1/33 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;600 | &nbsp;&nbsp;$590856 |
| Maryland, 3.00%, 8/1/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;80 | &nbsp;&nbsp;&nbsp;&nbsp; 80111 |
| Mecklenburg County, NC, 2.00%, 3/1/36 | &nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp; 1714179 |
| Menlo Park City School District, CA, (Election of 2024), 4.00%, 7/1/53 | &nbsp;&nbsp;&nbsp;&nbsp;2145 | &nbsp;&nbsp;&nbsp;&nbsp; 2044139 |
| Metropolitan District, CT: |  |  |
| &nbsp;&nbsp;&nbsp;4.00%, 9/1/42 | &nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp; 2038625 |
| &nbsp;&nbsp;&nbsp;4.125%, 9/1/43 | &nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp; 2038560 |
| &nbsp;&nbsp;&nbsp;4.25%, 9/1/45 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;175 | &nbsp;&nbsp;&nbsp;&nbsp; 177672 |
| Metropolitan Government of Nashville and Davidson County, TN: |  |  |
| &nbsp;&nbsp;&nbsp;4.00%, 1/1/44 | &nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp; 975603 |
| &nbsp;&nbsp;&nbsp;4.00%, 1/1/45 | &nbsp;&nbsp;&nbsp;&nbsp;2730 | &nbsp;&nbsp;&nbsp;&nbsp; 2641972 |
| Napa Valley Unified School District, CA, (Election of 2024), 5.25%, 8/1/50 | &nbsp;&nbsp;&nbsp;&nbsp;1750 | &nbsp;&nbsp;&nbsp;&nbsp; 1911547 |
| New York, NY, 5.25%, 10/1/51 | &nbsp;&nbsp;&nbsp;&nbsp;3500 | &nbsp;&nbsp;&nbsp;&nbsp; 3742076 |
| Oklahoma County, OK, 4.00%, 11/1/44<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;1970 | &nbsp;&nbsp;&nbsp;&nbsp; 1928156 |
| Oregon, 5.00%, 5/15/50 | &nbsp;&nbsp;&nbsp;&nbsp;1805 | &nbsp;&nbsp;&nbsp;&nbsp; 1864760 |
| Oregon City School District No. 62, OR, 5.00%, 6/15/43 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;950 | &nbsp;&nbsp;&nbsp;&nbsp; 1033339 |
| Pioneer School District No. 402, WA, 5.00%, 12/1/38 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;190 | &nbsp;&nbsp;&nbsp;&nbsp; 213780 |
| Pleasanton Unified School District, CA, (Election of 2022): |  |  |
| &nbsp;&nbsp;&nbsp;4.25%, 8/1/46 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;855 | &nbsp;&nbsp;&nbsp;&nbsp; 867830 |
| &nbsp;&nbsp;&nbsp;5.00%, 8/1/38 | &nbsp;&nbsp;&nbsp;&nbsp;1160 | &nbsp;&nbsp;&nbsp;&nbsp; 1370034 |
| &nbsp;&nbsp;&nbsp;5.00%, 8/1/39 | &nbsp;&nbsp;&nbsp;&nbsp;1385 | &nbsp;&nbsp;&nbsp;&nbsp; 1621171 |
| Portage Community School District, WI: |  |  |
| &nbsp;&nbsp;&nbsp;4.00%, 3/1/44 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;250 | &nbsp;&nbsp;&nbsp;&nbsp; 241493 |
| &nbsp;&nbsp;&nbsp;5.00%, 3/1/41 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200 | &nbsp;&nbsp;&nbsp;&nbsp; 215992 |
| Prince George's County, MD, 5.00%, 8/1/42 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;330 | &nbsp;&nbsp;&nbsp;&nbsp; 366678 |
| Puerto Rico, 0.00%, 7/1/33 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;489 | &nbsp;&nbsp;&nbsp;&nbsp; 353453 |
| Richland County, SC, 5.00%, 3/1/39 | &nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp; 1142157 |
| Richmond, VA, 2.00%, 7/15/36 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;250 | &nbsp;&nbsp;&nbsp;&nbsp; 207741 |
| Riverside Community College District, CA, (Election of 2024), 4.00%, 8/1/44 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;260 | &nbsp;&nbsp;&nbsp;&nbsp; 259549 |
| Salinas Union High School District, CA, (Election of 2020), 5.00%, 8/1/44 | &nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp; 1102659 |
| Salinas Union High School District, CA, (Election of 2024), 5.00%, 8/1/42 | &nbsp;&nbsp;&nbsp;&nbsp;1335 | &nbsp;&nbsp;&nbsp;&nbsp; 1505577 |
| San Diego Unified School District, CA, (Election of 2008), 5.00%, 7/1/43 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;750 | &nbsp;&nbsp;&nbsp;&nbsp; 840408 |
| San Diego Unified School District, CA, (Election of 2018): |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 7/1/43 | &nbsp;&nbsp;&nbsp;&nbsp;1520 | &nbsp;&nbsp;&nbsp;&nbsp; 1703226 |
| &nbsp;&nbsp;&nbsp;5.00%, 7/1/46 | &nbsp;&nbsp;&nbsp;&nbsp;1270 | &nbsp;&nbsp;&nbsp;&nbsp; 1384557 |
| San Luis Coastal Unified School District, CA, (Election of 2022), 4.00%, 8/1/53 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;190 | &nbsp;&nbsp;&nbsp;&nbsp; 183444 |

---

------

Eaton Vance<br>

Municipal Opportunities Fund

October 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) |
| Santa Monica-Malibu Unified School District, CA, (Election of 2024): |  |  |
| &nbsp;&nbsp;&nbsp;4.25%, 8/1/52 | $&nbsp;&nbsp;&nbsp;&nbsp;1350 | &nbsp;&nbsp;$1349567 |
| &nbsp;&nbsp;&nbsp;5.00%, 8/1/43 | &nbsp;&nbsp;&nbsp;&nbsp;1170 | &nbsp;&nbsp;&nbsp;&nbsp; 1290018 |
| Sarpy County School District 0037, NE, 5.00%, 12/15/27 | &nbsp;&nbsp;&nbsp;&nbsp;1420 | &nbsp;&nbsp;&nbsp;&nbsp; 1422929 |
| Spring Lake Public Schools, MI, 5.00%, 5/1/39 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;&nbsp; 564361 |
| Storey County School District, NV, (PSF Guaranteed), 4.00%, 6/1/44 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;365 | &nbsp;&nbsp;&nbsp;&nbsp; 364366 |
| Suffolk, VA: |  |  |
| &nbsp;&nbsp;&nbsp;4.00%, 2/1/41 | &nbsp;&nbsp;&nbsp;&nbsp;1630 | &nbsp;&nbsp;&nbsp;&nbsp; 1677535 |
| &nbsp;&nbsp;&nbsp;4.00%, 2/1/42 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;590 | &nbsp;&nbsp;&nbsp;&nbsp; 601496 |
| Thrall Independent School District, TX, (PSF Guaranteed), 5.25%, 2/15/54 | &nbsp;&nbsp;&nbsp;&nbsp;4150 | &nbsp;&nbsp;&nbsp;&nbsp; 4429587 |
| Union R-XI School District, MO, 5.00%, 3/1/43 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;715 | &nbsp;&nbsp;&nbsp;&nbsp; 756261 |
| Virginia, 4.00%, 6/1/41 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;930 | &nbsp;&nbsp;&nbsp;&nbsp; 966040 |
| Washington and Clackamas Counties School District No. 23J, OR, 5.00%, 6/15/44 | &nbsp;&nbsp;&nbsp;&nbsp;1875 | &nbsp;&nbsp;&nbsp;&nbsp; 2036978 |
| 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; 1583517 |
| Williston Basin School District #007, ND, 4.125%, 8/1/43 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25 | &nbsp;&nbsp;&nbsp;&nbsp; 24561 |
|  |  | &nbsp;&nbsp;**$175551228** |
| Hospital — 8.2% | Hospital — 8.2% | Hospital — 8.2% |
| Arizona Health Facilities Authority, (Banner Health), (LOC: Bank of America, N.A.), 3.90%, 1/1/46<sup>(3)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;1165 | &nbsp;&nbsp;$1165000 |
| Calhoun County Hospital Finance Authority, MI, (Oaklawn Hospital), 5.00%, 2/15/32 | &nbsp;&nbsp;&nbsp;&nbsp;2110 | &nbsp;&nbsp;&nbsp;&nbsp; 2133799 |
| Crawford County Hospital Authority, PA, (Meadville Medical Center): |  |  |
| &nbsp;&nbsp;&nbsp;6.00%, 6/1/36 | &nbsp;&nbsp;&nbsp;&nbsp;2660 | &nbsp;&nbsp;&nbsp;&nbsp; 2673250 |
| &nbsp;&nbsp;&nbsp;6.00%, 6/1/51 | &nbsp;&nbsp;&nbsp;&nbsp;4715 | &nbsp;&nbsp;&nbsp;&nbsp; 4724480 |
| Darke County, OH, (Wayne HealthCare), 4.00%, 9/1/45 | &nbsp;&nbsp;&nbsp;&nbsp;3455 | &nbsp;&nbsp;&nbsp;&nbsp; 2867788 |
| Fairfax County Industrial Development Authority, VA, (Inova Health System), 4.00%, 5/15/48 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;395 | &nbsp;&nbsp;&nbsp;&nbsp; 374749 |
| Jefferson County Civic Facility Development Corp., NY, (Samaritan Medical Center): |  |  |
| &nbsp;&nbsp;&nbsp;4.00%, 11/1/29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;505 | &nbsp;&nbsp;&nbsp;&nbsp; 497562 |
| &nbsp;&nbsp;&nbsp;4.00%, 11/1/30 | &nbsp;&nbsp;&nbsp;&nbsp;1605 | &nbsp;&nbsp;&nbsp;&nbsp; 1576152 |
| &nbsp;&nbsp;&nbsp;5.00%, 11/1/26 | &nbsp;&nbsp;&nbsp;&nbsp;1375 | &nbsp;&nbsp;&nbsp;&nbsp; 1383538 |
| &nbsp;&nbsp;&nbsp;5.00%, 11/1/27 | &nbsp;&nbsp;&nbsp;&nbsp;1440 | &nbsp;&nbsp;&nbsp;&nbsp; 1457292 |
| Lancaster County Hospital Authority, PA, (Penn State Health), 5.00%, 11/1/41 | &nbsp;&nbsp;&nbsp;&nbsp;1950 | &nbsp;&nbsp;&nbsp;&nbsp; 2013186 |
| Maricopa County Industrial Development Authority, AZ, (Banner Health): |  |  |
| &nbsp;&nbsp;&nbsp;4.00%, 1/1/44 | &nbsp;&nbsp;&nbsp;&nbsp;1220 | &nbsp;&nbsp;&nbsp;&nbsp; 1141703 |
| &nbsp;&nbsp;&nbsp;4.00%, 1/1/48 | &nbsp;&nbsp;&nbsp;&nbsp;2865 | &nbsp;&nbsp;&nbsp;&nbsp; 2620468 |

---

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Hospital (continued) | Hospital (continued) | Hospital (continued) |
| Michigan Finance Authority, (Henry Ford Health System), 4.00%, 11/15/46 | $&nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;$1843902 |
| Michigan Finance Authority, (McLaren Health Care), 4.00%, 2/15/47 | &nbsp;&nbsp;&nbsp;&nbsp;6165 | &nbsp;&nbsp;&nbsp;&nbsp; 5581301 |
| Michigan Finance Authority, (Trinity Health Credit Group), 4.00%, 12/1/49 | &nbsp;&nbsp;&nbsp;&nbsp;3000 | &nbsp;&nbsp;&nbsp;&nbsp; 2687071 |
| Missouri Health and Educational Facilities Authority, (Mercy Health): |  |  |
| &nbsp;&nbsp;&nbsp;4.00%, 11/15/47 | &nbsp;&nbsp;&nbsp;&nbsp;3100 | &nbsp;&nbsp;&nbsp;&nbsp; 2801358 |
| &nbsp;&nbsp;&nbsp;4.00%, 11/15/49 | &nbsp;&nbsp;&nbsp;&nbsp;2640 | &nbsp;&nbsp;&nbsp;&nbsp; 2361938 |
| New Jersey Health Care Facilities Financing Authority, (Inspira Health Obligated Group), 5.00%, 7/1/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;470 | &nbsp;&nbsp;&nbsp;&nbsp; 473273 |
| New York Dormitory Authority, (Montefiore Medical Center), 5.25%, 11/1/39 | &nbsp;&nbsp;&nbsp;&nbsp;1125 | &nbsp;&nbsp;&nbsp;&nbsp; 1228565 |
| Oroville, CA, (Oroville Hospital): |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 4/1/31 | &nbsp;&nbsp;&nbsp;&nbsp;1705 | &nbsp;&nbsp;&nbsp;&nbsp; 1398344 |
| &nbsp;&nbsp;&nbsp;5.25%, 4/1/34 | &nbsp;&nbsp;&nbsp;&nbsp;1700 | &nbsp;&nbsp;&nbsp;&nbsp; 1360167 |
| Pennsylvania Higher Educational Facilities Authority, (Thomas Jefferson University), (LOC: Truist Bank), 4.05%, 11/1/61<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;1750 | &nbsp;&nbsp;&nbsp;&nbsp; 1750000 |
| Roanoke Economic Development Authority, VA, (Carilion Clinic Obligated Group), (LOC: TD Bank, N.A.), 3.95%, 7/1/52<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;3750 | &nbsp;&nbsp;&nbsp;&nbsp; 3750000 |
| South Carolina Jobs-Economic Development Authority, (Beaufort Memorial Hospital & South of Broad Healthcare): |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 11/15/32 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;450 | &nbsp;&nbsp;&nbsp;&nbsp; 480446 |
| &nbsp;&nbsp;&nbsp;5.00%, 11/15/33 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;400 | &nbsp;&nbsp;&nbsp;&nbsp; 426796 |
| &nbsp;&nbsp;&nbsp;5.00%, 11/15/35 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;375 | &nbsp;&nbsp;&nbsp;&nbsp; 397286 |
| Southcentral Pennsylvania General Authority, (Hanover Hospital, Inc.), 5.00%, 12/1/28 | &nbsp;&nbsp;&nbsp;&nbsp;1550 | &nbsp;&nbsp;&nbsp;&nbsp; 1551783 |
| Spartanburg Regional Health Services District, Inc., SC, 4.00%, 4/15/43 | &nbsp;&nbsp;&nbsp;&nbsp;3080 | &nbsp;&nbsp;&nbsp;&nbsp; 2941165 |
| Virginia Small Business Financing Authority, (Bon Secours Mercy Health, Inc.), 4.00%, 12/1/49 | &nbsp;&nbsp;&nbsp;&nbsp;1220 | &nbsp;&nbsp;&nbsp;&nbsp; 1112385 |
| Wisconsin Health and Educational Facilities Authority, (Ascension Senior Credit Group): |  |  |
| &nbsp;&nbsp;&nbsp;4.00%, 11/15/46 | &nbsp;&nbsp;&nbsp;&nbsp;3290 | &nbsp;&nbsp;&nbsp;&nbsp; 3054226 |
| &nbsp;&nbsp;&nbsp;Prerefunded to 5/15/26, 4.00%, 11/15/46 | &nbsp;&nbsp;&nbsp;&nbsp;3220 | &nbsp;&nbsp;&nbsp;&nbsp; 3242856 |
| &nbsp;&nbsp;&nbsp;Prerefunded to 5/15/26, 4.00%, 11/15/46 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30 | &nbsp;&nbsp;&nbsp;&nbsp; 30213 |
|  |  | &nbsp;&nbsp;**$63102042** |
| Housing — 9.0% | Housing — 9.0% | Housing — 9.0% |
| Alabama Housing Finance Authority, SFMR, (FHLMC), (FNMA), (GNMA), 4.45%, 10/1/44 | $&nbsp;&nbsp;&nbsp;&nbsp;1410 | &nbsp;&nbsp;$1422793 |
| Alaska Housing Finance Corp., 4.65%, 6/1/51 | &nbsp;&nbsp;&nbsp;&nbsp;1445 | &nbsp;&nbsp;&nbsp;&nbsp; 1446874 |
| California Municipal Finance Authority, (CHF-Riverside II, LLC), 5.00%, 5/15/37 | &nbsp;&nbsp;&nbsp;&nbsp;1825 | &nbsp;&nbsp;&nbsp;&nbsp; 1904387 |

---

------

Eaton Vance<br>

Municipal Opportunities Fund

October 31, 2025

Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Housing (continued) | Housing (continued) | Housing (continued) |
| Connecticut Housing Finance Authority, (Augustus Manor Associates), (FNMA), 4.80%, 10/1/41 | $&nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;$2132087 |
| Connecticut Housing Finance Authority, (Housing Mortgage Finance): |  |  |
| &nbsp;&nbsp;&nbsp;0.75%, 11/15/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;625 | &nbsp;&nbsp;&nbsp;&nbsp; 587231 |
| &nbsp;&nbsp;&nbsp;1.10%, 11/15/29 | &nbsp;&nbsp;&nbsp;&nbsp;3815 | &nbsp;&nbsp;&nbsp;&nbsp; 3448703 |
| Delaware State Housing Authority, (FHLMC), (FNMA), (GNMA), 4.45%, 7/1/44 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200 | &nbsp;&nbsp;&nbsp;&nbsp; 201872 |
| Douglas County Housing Authority, GA, (Astoria at Crystal Lake), (FNMA), 4.375%, 4/1/43 | &nbsp;&nbsp;&nbsp;&nbsp;2845 | &nbsp;&nbsp;&nbsp;&nbsp; 2888626 |
| Georgia Housing and Finance Authority, 2.40%, 12/1/41 | &nbsp;&nbsp;&nbsp;&nbsp;2120 | &nbsp;&nbsp;&nbsp;&nbsp; 1652370 |
| Indiana Housing and Community Development Authority, SFMR, (Liq: TD Bank, N.A.), 4.00%, 7/1/47<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;2300 | &nbsp;&nbsp;&nbsp;&nbsp; 2300000 |
| Inlivian, NC, (Barton South), (FNMA), 5.05%, 2/1/43 | &nbsp;&nbsp;&nbsp;&nbsp;1675 | &nbsp;&nbsp;&nbsp;&nbsp; 1786264 |
| King County Housing Authority, WA: |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 7/1/40 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;445 | &nbsp;&nbsp;&nbsp;&nbsp; 467385 |
| &nbsp;&nbsp;&nbsp;5.375%, 7/1/45 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;260 | &nbsp;&nbsp;&nbsp;&nbsp; 273814 |
| Louisiana Housing Corp., SFMR, (FHLMC), (FNMA), (GNMA), 4.50%, 12/1/45 | &nbsp;&nbsp;&nbsp;&nbsp;3510 | &nbsp;&nbsp;&nbsp;&nbsp; 3540409 |
| Maine Housing Authority, Social Bonds, 4.50%, 11/15/45 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;900 | &nbsp;&nbsp;&nbsp;&nbsp; 899992 |
| Maricopa County and Phoenix Industrial Development Authorities, AZ: |  |  |
| &nbsp;&nbsp;&nbsp;(FHLMC), (FNMA), (GNMA), 4.625%, 9/1/44 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;790 | &nbsp;&nbsp;&nbsp;&nbsp; 806009 |
| &nbsp;&nbsp;&nbsp;(FHLMC), (FNMA), (GNMA), 4.65%, 9/1/44 | &nbsp;&nbsp;&nbsp;&nbsp;1005 | &nbsp;&nbsp;&nbsp;&nbsp; 1026400 |
| Maryland Community Development Administration, (Villages at Marley Station), Sustainability Bonds, (FNMA), 4.35%, 2/1/44 | &nbsp;&nbsp;&nbsp;&nbsp;1985 | &nbsp;&nbsp;&nbsp;&nbsp; 1963664 |
| Maryland Department of Housing and Community Development Administration: |  |  |
| &nbsp;&nbsp;&nbsp;Green Bonds, 4.45%, 7/1/44 | &nbsp;&nbsp;&nbsp;&nbsp;3410 | &nbsp;&nbsp;&nbsp;&nbsp; 3467159 |
| &nbsp;&nbsp;&nbsp;Social Bonds, (FHLMC), (FNMA), (GNMA), 4.55%, 9/1/44 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;285 | &nbsp;&nbsp;&nbsp;&nbsp; 289115 |
| Metropolitan Government of Nashville and Davidson County Health and Educational Facilities Board, TN, (Trinity Flats Apartments), (FNMA), 5.10%, 7/1/44 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;585 | &nbsp;&nbsp;&nbsp;&nbsp; 621319 |
| Michigan Housing Development Authority, SFMR: |  |  |
| &nbsp;&nbsp;&nbsp;Social Bonds, 4.35%, 12/1/44 | &nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp; 2009342 |
| &nbsp;&nbsp;&nbsp;Social Bonds, 4.45%, 12/1/49 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;700 | &nbsp;&nbsp;&nbsp;&nbsp; 688779 |
| &nbsp;&nbsp;&nbsp;Social Bonds, 4.50%, 12/1/40 | &nbsp;&nbsp;&nbsp;&nbsp;2415 | &nbsp;&nbsp;&nbsp;&nbsp; 2466339 |
| Missouri Housing Development Commission, (FHLMC), (FNMA), (GNMA), 2.55%, 11/1/40 | &nbsp;&nbsp;&nbsp;&nbsp;1500 | &nbsp;&nbsp;&nbsp;&nbsp; 1207809 |
| Nebraska Investment Finance Authority: |  |  |
| &nbsp;&nbsp;&nbsp;Social Bonds, (FHLMC), (FNMA), (GNMA), 2024 Series C, 4.55%, 9/1/44 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;80 | &nbsp;&nbsp;&nbsp;&nbsp; 81205 |
| &nbsp;&nbsp;&nbsp;Social Bonds, (FHLMC), (FNMA), (GNMA), 2024 Series G, 4.55%, 9/1/44 | &nbsp;&nbsp;&nbsp;&nbsp;1860 | &nbsp;&nbsp;&nbsp;&nbsp; 1889644 |
| &nbsp;&nbsp;&nbsp;Social Bonds, (FHLMC), (FNMA), GNMA), 4.70%, 9/1/49 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;315 | &nbsp;&nbsp;&nbsp;&nbsp; 320282 |

---

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Housing (continued) | Housing (continued) | Housing (continued) |
| Nevada Housing Division, (FHLMC), (FNMA), GNMA), 4.65%, 10/1/49 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;$500439 |
| New Mexico Mortgage Finance Authority, (Single Family Mortgage Program), (FHLMC), (FNMA), (GNMA), 3.00%, 7/1/50 | &nbsp;&nbsp;&nbsp;&nbsp;1090 | &nbsp;&nbsp;&nbsp;&nbsp; 839801 |
| New York City Housing Development Corp., NY, Sustainable Development Bonds, 2.85%, 11/1/39 | &nbsp;&nbsp;&nbsp;&nbsp;2975 | &nbsp;&nbsp;&nbsp;&nbsp; 2515930 |
| North Dakota Housing Finance Agency, Social Bonds, 4.50%, 7/1/43 | &nbsp;&nbsp;&nbsp;&nbsp;2200 | &nbsp;&nbsp;&nbsp;&nbsp; 2242187 |
| Norwalk Housing Authority, CT, (Monterey Village Apartments), (FNMA), 4.40%, 9/1/42 | &nbsp;&nbsp;&nbsp;&nbsp;1820 | &nbsp;&nbsp;&nbsp;&nbsp; 1857143 |
| Pennsylvania Housing Finance Agency, SFMR, Social Bonds, 4.45%, 10/1/44 | &nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp; 2017090 |
| Phoenix Industrial Development Authority, AZ, (Downtown Phoenix Student Housing II, LLC - Arizona State University), 5.00%, 7/1/37 | &nbsp;&nbsp;&nbsp;&nbsp;1235 | &nbsp;&nbsp;&nbsp;&nbsp; 1260992 |
| Phoenix Industrial Development Authority, AZ, (Downtown Phoenix Student Housing, LLC - Arizona State University), 5.00%, 7/1/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;310 | &nbsp;&nbsp;&nbsp;&nbsp; 319594 |
| Public Finance Authority, WI, (NC A&T Real Estate Foundation, LLC): |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 6/1/34 | &nbsp;&nbsp;&nbsp;&nbsp;2560 | &nbsp;&nbsp;&nbsp;&nbsp; 2651679 |
| &nbsp;&nbsp;&nbsp;5.00%, 6/1/39 | &nbsp;&nbsp;&nbsp;&nbsp;1595 | &nbsp;&nbsp;&nbsp;&nbsp; 1620407 |
| South Carolina Housing Finance and Development Authority, 4.60%, 7/1/49 | &nbsp;&nbsp;&nbsp;&nbsp;3370 | &nbsp;&nbsp;&nbsp;&nbsp; 3360683 |
| South Carolina Jobs-Economic Development Authority, (Foothill Affordable Housing Foundation - Paddock Club and Fairways), (FHLMC), 4.00% to 3/1/35 (Put Date), 3/1/62 | &nbsp;&nbsp;&nbsp;&nbsp;2480 | &nbsp;&nbsp;&nbsp;&nbsp; 2539963 |
| Utah Housing Corp., (Promontory Place Apartments), (FNMA), 4.69%, 2/1/45 | &nbsp;&nbsp;&nbsp;&nbsp;1580 | &nbsp;&nbsp;&nbsp;&nbsp; 1623335 |
| Vancouver Housing Authority, WA, (Esther Short), 4.50%, 10/1/42 | &nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp; 2043690 |
| Virginia Housing Development Authority, 5.125%, 11/1/43 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;150 | &nbsp;&nbsp;&nbsp;&nbsp; 156367 |
| Wyoming Community Development Authority, (Pershing Pointe Apartments), (FNMA), 4.25%, 2/1/41 | &nbsp;&nbsp;&nbsp;&nbsp;1930 | &nbsp;&nbsp;&nbsp;&nbsp; 1967769 |
|  |  | &nbsp;&nbsp;**$69306942** |
| Industrial Development Revenue — 4.8% | Industrial Development Revenue — 4.8% | Industrial Development Revenue — 4.8% |
| Burke County Development Authority, GA, (Georgia Power Co. Plant Vogtle), 3.95%, 7/1/49<sup>(3)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;4950 | &nbsp;&nbsp;$4950000 |
| Houston, TX, (United Airlines, Inc.): |  |  |
| &nbsp;&nbsp;&nbsp;(AMT), 5.00%, 7/15/27 | &nbsp;&nbsp;&nbsp;&nbsp;2545 | &nbsp;&nbsp;&nbsp;&nbsp; 2596359 |
| &nbsp;&nbsp;&nbsp;(AMT), 5.50%, 7/15/36 | &nbsp;&nbsp;&nbsp;&nbsp;3750 | &nbsp;&nbsp;&nbsp;&nbsp; 4125333 |
| Luzerne County Industrial Development Authority, PA, (Pennsylvania-American Water Co.), (AMT), 2.45% to 12/3/29 (Put Date), 12/1/39 | &nbsp;&nbsp;&nbsp;&nbsp;2750 | &nbsp;&nbsp;&nbsp;&nbsp; 2533460 |

---

------

Eaton Vance<br>

Municipal Opportunities Fund

October 31, 2025

Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Industrial Development Revenue (continued) | Industrial Development Revenue (continued) | Industrial Development Revenue (continued) |
| National Finance Authority, NH, (Covanta), Green Bonds, (AMT), 3.75% to 7/2/40 (Put Date), 7/1/45<sup>(1)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;5500 | &nbsp;&nbsp;$4565856 |
| New Jersey Economic Development Authority, (Continental Airlines), (AMT), 5.625%, 11/15/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;215 | &nbsp;&nbsp;&nbsp;&nbsp; 215003 |
| New Jersey Economic Development Authority, (New Jersey Natural Gas Co.), (AMT), 2.45% to 4/1/26 (Put Date), 4/1/59 | &nbsp;&nbsp;&nbsp;&nbsp;2500 | &nbsp;&nbsp;&nbsp;&nbsp; 2488644 |
| New York State Environmental Facilities Corp., (Casella Waste Systems, Inc.), (AMT), 2.875% to 12/3/29 (Put Date), 12/1/44<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;1175 | &nbsp;&nbsp;&nbsp;&nbsp; 1126982 |
| New York Transportation Development Corp., (Delta Air Lines, Inc. - LaGuardia Airport Terminals C&D Redevelopment): |  |  |
| &nbsp;&nbsp;&nbsp;(AMT), 5.00%, 1/1/34 | &nbsp;&nbsp;&nbsp;&nbsp;5000 | &nbsp;&nbsp;&nbsp;&nbsp; 5111632 |
| &nbsp;&nbsp;&nbsp;(AMT), 6.00%, 4/1/35 | &nbsp;&nbsp;&nbsp;&nbsp;1385 | &nbsp;&nbsp;&nbsp;&nbsp; 1529681 |
| Public Finance Authority, WI, (Celanese Corp.), (AMT), 5.00%, 12/1/25 | &nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp; 1000215 |
| Public Finance Authority, WI, (Waste Management, Inc.), (AMT), 1.10% to 6/1/26 (Put Date), 7/1/29 | &nbsp;&nbsp;&nbsp;&nbsp;6500 | &nbsp;&nbsp;&nbsp;&nbsp; 6392069 |
|  |  | &nbsp;&nbsp;**$36635234** |
| Insured - Education — 1.7% | Insured - Education — 1.7% | Insured - Education — 1.7% |
| College of Charleston, SC, (AG), 4.25%, 4/1/45 | $&nbsp;&nbsp;&nbsp;&nbsp;3865 | &nbsp;&nbsp;$3861165 |
| Eastern Michigan University: |  |  |
| &nbsp;&nbsp;&nbsp;(BAM), 5.00%, 3/1/41 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;745 | &nbsp;&nbsp;&nbsp;&nbsp; 802406 |
| &nbsp;&nbsp;&nbsp;(BAM), 5.00%, 3/1/42 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;770 | &nbsp;&nbsp;&nbsp;&nbsp; 822357 |
| &nbsp;&nbsp;&nbsp;(BAM), 5.00%, 3/1/43 | &nbsp;&nbsp;&nbsp;&nbsp;1240 | &nbsp;&nbsp;&nbsp;&nbsp; 1311037 |
| &nbsp;&nbsp;&nbsp;(BAM), 5.00%, 3/1/44 | &nbsp;&nbsp;&nbsp;&nbsp;1305 | &nbsp;&nbsp;&nbsp;&nbsp; 1365522 |
| &nbsp;&nbsp;&nbsp;(BAM), 5.25%, 3/1/50 | &nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp; 2093898 |
| Louisiana Local Government Environmental Facilities and Community Development Authority, (Calcasieu Parish School), (BAM), 4.00%, 12/1/44 | &nbsp;&nbsp;&nbsp;&nbsp;2585 | &nbsp;&nbsp;&nbsp;&nbsp; 2385056 |
| Louisiana Public Facilities Authority, (South Quad L3C-Louisiana University South Quad), (AG), 5.00%, 7/1/40 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;700 | &nbsp;&nbsp;&nbsp;&nbsp; 769489 |
| Western Michigan University, (AG), 5.00%, 11/15/45 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60 | &nbsp;&nbsp;&nbsp;&nbsp; 63558 |
|  |  | &nbsp;&nbsp;**$13474488** |
| Insured - Electric Utilities — 0.3% | Insured - Electric Utilities — 0.3% | Insured - Electric Utilities — 0.3% |
| Puerto Rico Electric Power Authority: |  |  |
| &nbsp;&nbsp;&nbsp;(AG), 5.00%, 7/1/26 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;280 | &nbsp;&nbsp;$281053 |
| &nbsp;&nbsp;&nbsp;(NPFG), 5.25%, 7/1/29 | &nbsp;&nbsp;&nbsp;&nbsp;1110 | &nbsp;&nbsp;&nbsp;&nbsp; 1118911 |
| &nbsp;&nbsp;&nbsp;(NPFG), 5.25%, 7/1/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;530 | &nbsp;&nbsp;&nbsp;&nbsp; 534711 |
| &nbsp;&nbsp;&nbsp;(NPFG), 5.25%, 7/1/34 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100 | &nbsp;&nbsp;&nbsp;&nbsp; 101025 |
|  |  | &nbsp;&nbsp;**$2035700** |

---

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Insured - General Obligations — 4.1% | Insured - General Obligations — 4.1% | Insured - General Obligations — 4.1% |
| Bassett Unified School District, CA, (Election of 2020): |  |  |
| &nbsp;&nbsp;&nbsp;(BAM), 5.25%, 8/1/50 | $&nbsp;&nbsp;&nbsp;&nbsp;1585 | &nbsp;&nbsp;$1727121 |
| &nbsp;&nbsp;&nbsp;(BAM), 5.25%, 8/1/54 | &nbsp;&nbsp;&nbsp;&nbsp;2270 | &nbsp;&nbsp;&nbsp;&nbsp; 2465439 |
| Bromley Park Metropolitan District No. 3, CO, (AG), 4.00%, 12/1/44 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;960 | &nbsp;&nbsp;&nbsp;&nbsp; 900297 |
| Cameron School District, WI, (BAM), 4.00%, 4/1/44 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;185 | &nbsp;&nbsp;&nbsp;&nbsp; 180117 |
| Chicago Board of Education, IL: |  |  |
| &nbsp;&nbsp;&nbsp;(NPFG), 0.00%, 12/1/26 | &nbsp;&nbsp;&nbsp;&nbsp;1580 | &nbsp;&nbsp;&nbsp;&nbsp; 1517865 |
| &nbsp;&nbsp;&nbsp;(NPFG), 0.00%, 12/1/28 | &nbsp;&nbsp;&nbsp;&nbsp;1560 | &nbsp;&nbsp;&nbsp;&nbsp; 1389733 |
| Colfax County School District No. 58, NE, (AG), 4.25%, 12/15/45 | &nbsp;&nbsp;&nbsp;&nbsp;1630 | &nbsp;&nbsp;&nbsp;&nbsp; 1629312 |
| Fort Bend County Municipal Management District No. 1, TX, (AG), 3.50%, 9/1/49 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;130 | &nbsp;&nbsp;&nbsp;&nbsp; 110305 |
| Gadsden, AL: |  |  |
| &nbsp;&nbsp;&nbsp;(BAM), 5.00%, 9/30/41 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;450 | &nbsp;&nbsp;&nbsp;&nbsp; 489518 |
| &nbsp;&nbsp;&nbsp;(BAM), 5.00%, 10/1/42 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;700 | &nbsp;&nbsp;&nbsp;&nbsp; 753546 |
| &nbsp;&nbsp;&nbsp;(BAM), 5.00%, 10/1/50 | &nbsp;&nbsp;&nbsp;&nbsp;2500 | &nbsp;&nbsp;&nbsp;&nbsp; 2594717 |
| Generation Park Management District, TX, (AG), 3.50%, 9/1/45 | &nbsp;&nbsp;&nbsp;&nbsp;1930 | &nbsp;&nbsp;&nbsp;&nbsp; 1674304 |
| Harris County Municipal Utility District No. 165, TX, (BAM), 3.375%, 3/1/44 | &nbsp;&nbsp;&nbsp;&nbsp;2370 | &nbsp;&nbsp;&nbsp;&nbsp; 2059873 |
| Harris County Municipal Utility District No. 55, TX, (AG), 3.00%, 2/1/42 | &nbsp;&nbsp;&nbsp;&nbsp;1350 | &nbsp;&nbsp;&nbsp;&nbsp; 1138397 |
| Johnson and Miami Counties Unified School District No. 230, KS, (AG), 6.00%, 9/1/40 | &nbsp;&nbsp;&nbsp;&nbsp;1700 | &nbsp;&nbsp;&nbsp;&nbsp; 2031089 |
| Mount Horeb Area School District, WI, (AG), 4.00%, 3/1/42 | &nbsp;&nbsp;&nbsp;&nbsp;2260 | &nbsp;&nbsp;&nbsp;&nbsp; 2266125 |
| Mountain View School District, CA, (Election of 2020), (BAM), 5.00%, 8/1/49 | &nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp; 1075332 |
| Nassau County, NY, (AG), 4.00%, 4/1/44 | &nbsp;&nbsp;&nbsp;&nbsp;2250 | &nbsp;&nbsp;&nbsp;&nbsp; 2194616 |
| North Platte, NE, (AG), 4.375%, 12/15/41 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;275 | &nbsp;&nbsp;&nbsp;&nbsp; 278597 |
| Pontiac, MI, (BAM), 5.00%, 4/1/45 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;390 | &nbsp;&nbsp;&nbsp;&nbsp; 410091 |
| Raindance Metropolitan District No. 2, CO, (BAM), 4.00%, 12/1/44 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;870 | &nbsp;&nbsp;&nbsp;&nbsp; 834217 |
| Shreveport, LA, (AG), 5.25%, 3/1/42 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;565 | &nbsp;&nbsp;&nbsp;&nbsp; 610606 |
| St. Clair County School District No. 118, IL, (BAM), 5.50%, 12/1/39 | &nbsp;&nbsp;&nbsp;&nbsp;1525 | &nbsp;&nbsp;&nbsp;&nbsp; 1706293 |
| Washington County Elementary School District No. 6, AZ, (BAM), 5.00%, 7/1/40 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;&nbsp; 553334 |
| Waterstone Metropolitan District No. 1, CO: |  |  |
| &nbsp;&nbsp;&nbsp;(AG), 5.25%, 12/1/40 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;&nbsp; 543086 |
| &nbsp;&nbsp;&nbsp;(AG), 5.25%, 12/1/45 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;300 | &nbsp;&nbsp;&nbsp;&nbsp; 318000 |
|  |  | &nbsp;&nbsp;**$31451930** |
| Insured - Hospital — 0.7% | Insured - Hospital — 0.7% | Insured - Hospital — 0.7% |
| Grand Forks, ND, (Altru Health System), (AG), 3.00%, 12/1/51 | $&nbsp;&nbsp;&nbsp;&nbsp;2500 | &nbsp;&nbsp;$1795589 |

---

------

Eaton Vance<br>

Municipal Opportunities Fund

October 31, 2025

Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Insured - Hospital (continued) | Insured - Hospital (continued) | Insured - Hospital (continued) |
| Virginia Commonwealth University Health System Authority, (BAM), 4.00%, 7/1/54 | $&nbsp;&nbsp;&nbsp;&nbsp;4220 | &nbsp;&nbsp;$3925872 |
|  |  | &nbsp;&nbsp;**$5721461** |
| Insured - Housing — 0.1% | Insured - Housing — 0.1% | Insured - Housing — 0.1% |
| University of Idaho: |  |  |
| &nbsp;&nbsp;&nbsp;(AG), 5.00%, 4/1/33 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;205 | &nbsp;&nbsp;$235010 |
| &nbsp;&nbsp;&nbsp;(AG), 5.50%, 4/1/45 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;295 | &nbsp;&nbsp;&nbsp;&nbsp; 325821 |
|  |  | &nbsp;&nbsp;**$560831** |
| Insured - Lease Revenue/Certificates of Participation — 0.4% | Insured - Lease Revenue/Certificates of Participation — 0.4% | Insured - Lease Revenue/Certificates of Participation — 0.4% |
| Mason Building Authority, MI, (BAM), 4.25%, 10/1/50<sup>(4)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;3430 | &nbsp;&nbsp;$3298129 |
|  |  | &nbsp;&nbsp;**$3298129** |
| Insured - Special Tax Revenue — 1.7% | Insured - Special Tax Revenue — 1.7% | Insured - Special Tax Revenue — 1.7% |
| Centerton, AR, Sales and Use Tax Revenue, (AG), 4.125%, 11/1/49 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;150 | &nbsp;&nbsp;$146230 |
| Downtown Revitalization Public Infrastructure District, UT, (AG), 5.25%, 6/1/42 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;&nbsp; 557505 |
| Elk Grove Finance Authority, CA, (AG), 5.00%, 9/1/47 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;945 | &nbsp;&nbsp;&nbsp;&nbsp; 1005516 |
| Fort Smith, AR, Sales and Use Tax Revenue: |  |  |
| &nbsp;&nbsp;&nbsp;(AG), 5.00%, 11/1/42 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;&nbsp; 543915 |
| &nbsp;&nbsp;&nbsp;(AG), 5.00%, 11/1/43 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;245 | &nbsp;&nbsp;&nbsp;&nbsp; 263450 |
| Gilbert Community School District, IA, Services and Use Tax Revenue: |  |  |
| &nbsp;&nbsp;&nbsp;(AG), 4.00%, 6/1/40 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;&nbsp; 502524 |
| &nbsp;&nbsp;&nbsp;(AG), 4.125%, 6/1/41 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;885 | &nbsp;&nbsp;&nbsp;&nbsp; 889870 |
| Rampart Range Metropolitan District No. 1, CO: |  |  |
| &nbsp;&nbsp;&nbsp;(AG), 5.00%, 12/1/45 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;385 | &nbsp;&nbsp;&nbsp;&nbsp; 398885 |
| &nbsp;&nbsp;&nbsp;(AG), 5.25%, 12/1/50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;750 | &nbsp;&nbsp;&nbsp;&nbsp; 784000 |
| Sales Tax Securitization Corp., IL, (BAM), 5.00%, 1/1/37 | &nbsp;&nbsp;&nbsp;&nbsp;4000 | &nbsp;&nbsp;&nbsp;&nbsp; 4242574 |
| San Clemente Facilities District No. 2006-1, CA: |  |  |
| &nbsp;&nbsp;&nbsp;(BAM), 5.00%, 9/1/40 | &nbsp;&nbsp;&nbsp;&nbsp;1035 | &nbsp;&nbsp;&nbsp;&nbsp; 1180975 |
| &nbsp;&nbsp;&nbsp;(BAM), 5.00%, 9/1/44 | &nbsp;&nbsp;&nbsp;&nbsp;2225 | &nbsp;&nbsp;&nbsp;&nbsp; 2433774 |
|  |  | &nbsp;&nbsp;**$12949218** |
| Insured - Transportation — 1.2% | Insured - Transportation — 1.2% | Insured - Transportation — 1.2% |
| Alaska Railroad Corp., (AG), (AMT), 5.50%, 10/1/41 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;250 | &nbsp;&nbsp;$273324 |
| Allegheny County Airport Authority, PA, (Pittsburgh International Airport): |  |  |
| &nbsp;&nbsp;&nbsp;(AG), (AMT), 4.00%, 1/1/46 | &nbsp;&nbsp;&nbsp;&nbsp;5000 | &nbsp;&nbsp;&nbsp;&nbsp; 4534006 |
| &nbsp;&nbsp;&nbsp;(AG), (AMT), 5.25%, 1/1/38 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;900 | &nbsp;&nbsp;&nbsp;&nbsp; 985487 |
| Houston, TX, Airport System Revenue, (AG), (AMT), 5.00%, 7/1/38 | &nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp; 1084690 |

---

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Insured - Transportation (continued) | Insured - Transportation (continued) | Insured - Transportation (continued) |
| New Jersey Economic Development Authority, (The Goethals Bridge Replacement), (AG), (AMT), 5.00%, 1/1/31 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;185 | &nbsp;&nbsp;$185350 |
| New York Transportation Development Corp., (LaGuardia Airport Terminal B Redevelopment), (AG), (AMT), 4.00%, 7/1/32 | &nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp; 1999705 |
|  |  | &nbsp;&nbsp;**$9062562** |
| Insured - Water and Sewer — 1.1% | Insured - Water and Sewer — 1.1% | Insured - Water and Sewer — 1.1% |
| Bennett, CO, Wastewater Revenue: |  |  |
| &nbsp;&nbsp;&nbsp;(AG), 4.125%, 12/1/49 | $&nbsp;&nbsp;&nbsp;&nbsp;2195 | &nbsp;&nbsp;$2108963 |
| &nbsp;&nbsp;&nbsp;(AG), 5.00%, 12/1/41 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;825 | &nbsp;&nbsp;&nbsp;&nbsp; 899614 |
| Benton Washington Regional Public Water Authority, AR, Green Bonds, (BAM), 4.625%, 10/1/55 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;325 | &nbsp;&nbsp;&nbsp;&nbsp; 323607 |
| Central Weld County Water District, CO, (BAM), 5.00%, 12/1/54 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;475 | &nbsp;&nbsp;&nbsp;&nbsp; 493607 |
| Chisholm Creek Utility Authority, KS, (Cities of Bel Aire and Park City), Water and Wastewater Revenue, (AG), 4.00%, 9/1/44 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;80 | &nbsp;&nbsp;&nbsp;&nbsp; 77292 |
| Grand Prairie Water Commission, IL: |  |  |
| &nbsp;&nbsp;&nbsp;(BAM), 5.00%, 1/1/43<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;525 | &nbsp;&nbsp;&nbsp;&nbsp; 555458 |
| &nbsp;&nbsp;&nbsp;(BAM), 5.00%, 1/1/45<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;1110 | &nbsp;&nbsp;&nbsp;&nbsp; 1157570 |
| Hot Springs, AR, Wastewater Revenue: |  |  |
| &nbsp;&nbsp;&nbsp;Green Bonds, (BAM), 4.125%, 12/1/45 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;690 | &nbsp;&nbsp;&nbsp;&nbsp; 679227 |
| &nbsp;&nbsp;&nbsp;Green Bonds, (BAM), 4.375%, 12/1/50 | &nbsp;&nbsp;&nbsp;&nbsp;1405 | &nbsp;&nbsp;&nbsp;&nbsp; 1378143 |
| Southwestern Pennsylvania Water Authority, (AG), 3.00%, 9/15/32 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;450 | &nbsp;&nbsp;&nbsp;&nbsp; 450007 |
|  |  | &nbsp;&nbsp;**$8123488** |
| Lease Revenue/Certificates of Participation — 3.6% | Lease Revenue/Certificates of Participation — 3.6% | Lease Revenue/Certificates of Participation — 3.6% |
| Castle Rock, CO, 5.25%, 12/1/43 | $&nbsp;&nbsp;&nbsp;&nbsp;1040 | &nbsp;&nbsp;$1145388 |
| College of Western Idaho: |  |  |
| &nbsp;&nbsp;&nbsp;4.25%, 8/1/45<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;535 | &nbsp;&nbsp;&nbsp;&nbsp; 521281 |
| &nbsp;&nbsp;&nbsp;4.50%, 8/1/55<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;&nbsp; 488038 |
| &nbsp;&nbsp;&nbsp;5.25%, 8/1/50<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;565 | &nbsp;&nbsp;&nbsp;&nbsp; 592874 |
| Crothersville 2000 School Building Corp., IN: |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 1/15/41 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;&nbsp; 537102 |
| &nbsp;&nbsp;&nbsp;5.00%, 1/15/43 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;300 | &nbsp;&nbsp;&nbsp;&nbsp; 316049 |
| &nbsp;&nbsp;&nbsp;5.00%, 1/15/44 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200 | &nbsp;&nbsp;&nbsp;&nbsp; 209573 |
| Evergreen Park and Recreation District, CO: |  |  |
| &nbsp;&nbsp;&nbsp;4.375%, 12/1/43 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;175 | &nbsp;&nbsp;&nbsp;&nbsp; 175916 |
| &nbsp;&nbsp;&nbsp;4.50%, 12/1/44 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;220 | &nbsp;&nbsp;&nbsp;&nbsp; 221529 |
| Hamilton Southeastern Consolidated School Building Corp., IN: |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 7/15/41 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;480 | &nbsp;&nbsp;&nbsp;&nbsp; 522210 |
| &nbsp;&nbsp;&nbsp;5.00%, 7/15/43 | &nbsp;&nbsp;&nbsp;&nbsp;1545 | &nbsp;&nbsp;&nbsp;&nbsp; 1645478 |

---

------

Eaton Vance<br>

Municipal Opportunities Fund

October 31, 2025

Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Lease Revenue/Certificates of Participation (continued) | Lease Revenue/Certificates of Participation (continued) | Lease Revenue/Certificates of Participation (continued) |
| Hamilton Southeastern Consolidated School Building Corp., IN: (continued) |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 1/15/45 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;350 | &nbsp;&nbsp;$367902 |
| Hancock County Redevelopment Authority, IN, 4.125%, 2/15/45 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;755 | &nbsp;&nbsp;&nbsp;&nbsp; 722729 |
| IPS Multi-School Building Corp., IN, 5.00%, 7/15/44<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;1175 | &nbsp;&nbsp;&nbsp;&nbsp; 1248743 |
| Iredell County, NC, 4.00%, 4/1/44 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;135 | &nbsp;&nbsp;&nbsp;&nbsp; 133042 |
| Knightdale, NC, 4.00%, 3/1/43 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20 | &nbsp;&nbsp;&nbsp;&nbsp; 19809 |
| Loudoun County Economic Development Authority, VA, 4.00%, 12/1/41 | &nbsp;&nbsp;&nbsp;&nbsp;2370 | &nbsp;&nbsp;&nbsp;&nbsp; 2398056 |
| Mcintosh County Educational Facilities Authority, OK, (Eufaula Public Schools), 5.00%, 9/1/39 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;770 | &nbsp;&nbsp;&nbsp;&nbsp; 812737 |
| North Lawrence Community Schools Building Corp., IN: |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 7/15/37 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;420 | &nbsp;&nbsp;&nbsp;&nbsp; 465068 |
| &nbsp;&nbsp;&nbsp;5.00%, 7/15/38 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;400 | &nbsp;&nbsp;&nbsp;&nbsp; 439516 |
| Oklahoma Development Finance Authority, 4.00%, 6/1/43 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;935 | &nbsp;&nbsp;&nbsp;&nbsp; 913383 |
| Pennsylvania, 5.00%, 7/1/43 | &nbsp;&nbsp;&nbsp;&nbsp;2160 | &nbsp;&nbsp;&nbsp;&nbsp; 2211964 |
| Richland-Bean Blossom 2000 School Building Corp., IN, 5.00%, 7/15/43<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;1275 | &nbsp;&nbsp;&nbsp;&nbsp; 1351375 |
| Snowmass Village, CO: |  |  |
| &nbsp;&nbsp;&nbsp;4.25%, 12/1/40 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;790 | &nbsp;&nbsp;&nbsp;&nbsp; 805678 |
| &nbsp;&nbsp;&nbsp;4.75%, 12/1/55 | &nbsp;&nbsp;&nbsp;&nbsp;1400 | &nbsp;&nbsp;&nbsp;&nbsp; 1390757 |
| Telluride, CO, 5.00%, 12/1/45 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;350 | &nbsp;&nbsp;&nbsp;&nbsp; 372291 |
| Vail, CO, 5.375%, 12/1/55 | &nbsp;&nbsp;&nbsp;&nbsp;1500 | &nbsp;&nbsp;&nbsp;&nbsp; 1607016 |
| Virginia Public Building Authority, 4.00%, 8/1/41 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;915 | &nbsp;&nbsp;&nbsp;&nbsp; 914898 |
| Westfield Redevelopment Authority, IN: |  |  |
| &nbsp;&nbsp;&nbsp;4.125%, 7/15/43<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;1075 | &nbsp;&nbsp;&nbsp;&nbsp; 1047052 |
| &nbsp;&nbsp;&nbsp;4.125%, 7/15/44<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;640 | &nbsp;&nbsp;&nbsp;&nbsp; 614352 |
| &nbsp;&nbsp;&nbsp;4.25%, 1/15/45<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;1125 | &nbsp;&nbsp;&nbsp;&nbsp; 1090883 |
| Will and Kankakee Counties Community Unit School District No. 255-U, IL, 5.00%, 6/1/29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;700 | &nbsp;&nbsp;&nbsp;&nbsp; 701071 |
| Winston-Salem, NC: |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 6/1/36 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;700 | &nbsp;&nbsp;&nbsp;&nbsp; 807161 |
| &nbsp;&nbsp;&nbsp;5.00%, 6/1/42 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;540 | &nbsp;&nbsp;&nbsp;&nbsp; 589743 |
|  |  | &nbsp;&nbsp;**$27400664** |
| Other Revenue — 3.4% | Other Revenue — 3.4% | Other Revenue — 3.4% |
| Black Belt Energy Gas District, AL: |  |  |
| &nbsp;&nbsp;&nbsp;3.59%, (SIFMA + 0.37%), 10/1/26 (Put Date), 10/1/49<sup>(2)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;5000 | &nbsp;&nbsp;$4961451 |
| &nbsp;&nbsp;&nbsp;5.50% to 2/1/29 (Put Date), 6/1/49 | &nbsp;&nbsp;&nbsp;&nbsp;2500 | &nbsp;&nbsp;&nbsp;&nbsp; 2654145 |
| California Community Choice Financing Authority, Clean Energy Project Revenue, Green Bonds, 5.00% to 12/1/32 (Put Date), 1/1/55 | &nbsp;&nbsp;&nbsp;&nbsp;4930 | &nbsp;&nbsp;&nbsp;&nbsp; 5239098 |

---

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Other Revenue (continued) | Other Revenue (continued) | Other Revenue (continued) |
| California Infrastructure and Economic Development Bank, (Los Angeles County Museum of Art), 3.92%, (SIFMA + 0.70%), 6/1/26 (Put Date), 12/1/50<sup>(2)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;2300 | &nbsp;&nbsp;$2295537 |
| Cleveland-Cuyahoga County Port Authority, OH, (Playhouse Square Foundation), 5.00%, 12/1/28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;545 | &nbsp;&nbsp;&nbsp;&nbsp; 554557 |
| Kalispel Tribe of Indians, WA: |  |  |
| &nbsp;&nbsp;&nbsp;Series A, 5.00%, 1/1/32<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;1455 | &nbsp;&nbsp;&nbsp;&nbsp; 1484168 |
| &nbsp;&nbsp;&nbsp;Series B, 5.00%, 1/1/32<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp; 1020047 |
| Main Street Natural Gas, Inc., GA, Gas Supply Revenue, 5.00% to 12/1/30 (Put Date), 5/1/54 | &nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp; 2131353 |
| Morongo Band of Mission Indians, CA, 5.00%, 10/1/42<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;1775 | &nbsp;&nbsp;&nbsp;&nbsp; 1796811 |
| Southeast Energy Authority, AL: |  |  |
| &nbsp;&nbsp;&nbsp;5.00% to 2/1/31 (Put Date), 5/1/55 | &nbsp;&nbsp;&nbsp;&nbsp;1250 | &nbsp;&nbsp;&nbsp;&nbsp; 1346116 |
| &nbsp;&nbsp;&nbsp;5.00% to 6/1/35 (Put Date), 1/1/56 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;&nbsp; 535676 |
| Texas Municipal Gas Acquisition and Supply Corp. I, Gas Supply Revenue, 3.581%, (67% of 3 mo. SOFR + 0.70%), 12/15/26<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;1675 | &nbsp;&nbsp;&nbsp;&nbsp; 1678057 |
| Texas Municipal Gas Acquisition and Supply Corp. II, Gas Supply Revenue, 3.528%, (66% of 3 mo. SOFR + 0.863%), 9/15/27<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;740 | &nbsp;&nbsp;&nbsp;&nbsp; 740707 |
|  |  | &nbsp;&nbsp;**$26437723** |
| Senior Living/Life Care — 7.3% | Senior Living/Life Care — 7.3% | Senior Living/Life Care — 7.3% |
| Arizona Industrial Development Authority, AZ, (Mirabella at ASU), 5.35% to 1/1/27 (Put Date), 10/1/28<sup>(1)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;1955 | &nbsp;&nbsp;$1863194 |
| Buffalo and Erie County Industrial Land Development Corp., NY, (Orchard Park CCRC, Inc.): |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 11/15/26 | &nbsp;&nbsp;&nbsp;&nbsp;1730 | &nbsp;&nbsp;&nbsp;&nbsp; 1731648 |
| &nbsp;&nbsp;&nbsp;5.00%, 11/15/27 | &nbsp;&nbsp;&nbsp;&nbsp;1320 | &nbsp;&nbsp;&nbsp;&nbsp; 1321402 |
| Centerville, OH, (Graceworks Lutheran Services): |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 11/1/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;770 | &nbsp;&nbsp;&nbsp;&nbsp; 774780 |
| &nbsp;&nbsp;&nbsp;5.00%, 11/1/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;325 | &nbsp;&nbsp;&nbsp;&nbsp; 329584 |
| Clackamas County Hospital Facility Authority, OR, (Rose Villa): |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 11/15/28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;300 | &nbsp;&nbsp;&nbsp;&nbsp; 304192 |
| &nbsp;&nbsp;&nbsp;5.00%, 11/15/29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;315 | &nbsp;&nbsp;&nbsp;&nbsp; 319687 |
| &nbsp;&nbsp;&nbsp;5.00%, 11/15/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;330 | &nbsp;&nbsp;&nbsp;&nbsp; 334981 |
| &nbsp;&nbsp;&nbsp;5.375%, 11/15/55 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;300 | &nbsp;&nbsp;&nbsp;&nbsp; 294883 |
| Colorado Health Facilities Authority, (Christian Living Neighborhoods), 4.00%, 1/1/29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;600 | &nbsp;&nbsp;&nbsp;&nbsp; 596656 |
| Colorado Health Facilities Authority, (Frasier Meadows Retirement Community): |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 5/15/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;350 | &nbsp;&nbsp;&nbsp;&nbsp; 352371 |
| &nbsp;&nbsp;&nbsp;5.00%, 5/15/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;400 | &nbsp;&nbsp;&nbsp;&nbsp; 408497 |
| District of Columbia, (Ingleside at Rock Creek), 4.125%, 7/1/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;360 | &nbsp;&nbsp;&nbsp;&nbsp; 360420 |

---

------

Eaton Vance<br>

Municipal Opportunities Fund

October 31, 2025

Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Senior Living/Life Care (continued) | Senior Living/Life Care (continued) | Senior Living/Life Care (continued) |
| Franklin County Industrial Development Authority, PA, (Menno-Haven, Inc.): |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 12/1/30 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;$506252 |
| &nbsp;&nbsp;&nbsp;5.00%, 12/1/39 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;370 | &nbsp;&nbsp;&nbsp;&nbsp; 363361 |
| Glendale Industrial Development Authority, AZ, (Terraces of Phoenix), 4.00%, 7/1/28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;140 | &nbsp;&nbsp;&nbsp;&nbsp; 139481 |
| Howard County, MD, (Vantage House): |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 4/1/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;345 | &nbsp;&nbsp;&nbsp;&nbsp; 344769 |
| &nbsp;&nbsp;&nbsp;5.00%, 4/1/36 | &nbsp;&nbsp;&nbsp;&nbsp;1985 | &nbsp;&nbsp;&nbsp;&nbsp; 1971511 |
| Illinois Finance Authority, (Lifespace Communities, Inc.), 5.00%, 5/15/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;370 | &nbsp;&nbsp;&nbsp;&nbsp; 370115 |
| Illinois Finance Authority, (Presbyterian Homes Obligated Group), 3.92%, (SIFMA + 0.70%), 5/1/26 (Put Date), 5/1/42<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;1090 | &nbsp;&nbsp;&nbsp;&nbsp; 1085311 |
| Massachusetts Development Finance Agency, (Linden Ponds, Inc.), 5.00%, 11/15/28<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;750 | &nbsp;&nbsp;&nbsp;&nbsp; 773372 |
| Missouri Health and Educational Facilities Authority, (Lutheran Senior Services), 4.00%, 2/1/35 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;310 | &nbsp;&nbsp;&nbsp;&nbsp; 307416 |
| Montgomery County Industrial Development Authority, PA, (Waverly Heights, Ltd.): |  |  |
| &nbsp;&nbsp;&nbsp;4.00%, 12/1/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200 | &nbsp;&nbsp;&nbsp;&nbsp; 202039 |
| &nbsp;&nbsp;&nbsp;4.00%, 12/1/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;150 | &nbsp;&nbsp;&nbsp;&nbsp; 151495 |
| &nbsp;&nbsp;&nbsp;4.00%, 12/1/32 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200 | &nbsp;&nbsp;&nbsp;&nbsp; 201644 |
| &nbsp;&nbsp;&nbsp;4.00%, 12/1/33 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100 | &nbsp;&nbsp;&nbsp;&nbsp; 100603 |
| &nbsp;&nbsp;&nbsp;4.00%, 12/1/34 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200 | &nbsp;&nbsp;&nbsp;&nbsp; 200652 |
| &nbsp;&nbsp;&nbsp;4.00%, 12/1/35 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;350 | &nbsp;&nbsp;&nbsp;&nbsp; 350321 |
| &nbsp;&nbsp;&nbsp;4.00%, 12/1/36 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;350 | &nbsp;&nbsp;&nbsp;&nbsp; 347724 |
| &nbsp;&nbsp;&nbsp;4.00%, 12/1/38 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;400 | &nbsp;&nbsp;&nbsp;&nbsp; 390675 |
| Montgomery County Industrial Development Authority, PA, (Whitemarsh Continuing Care Retirement Community), 5.00%, 1/1/33 | &nbsp;&nbsp;&nbsp;&nbsp;1890 | &nbsp;&nbsp;&nbsp;&nbsp; 1900633 |
| National Finance Authority, NH, (The Vista): |  |  |
| &nbsp;&nbsp;&nbsp;5.25%, 7/1/39<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;920 | &nbsp;&nbsp;&nbsp;&nbsp; 924732 |
| &nbsp;&nbsp;&nbsp;5.75%, 7/1/54<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;1725 | &nbsp;&nbsp;&nbsp;&nbsp; 1726180 |
| New Hope Cultural Education Facilities Finance Corp., TX, (Bella Vida Forefront Living), 5.25%, 10/1/30 | &nbsp;&nbsp;&nbsp;&nbsp;1280 | &nbsp;&nbsp;&nbsp;&nbsp; 1286473 |
| New Hope Cultural Education Facilities Finance Corp., TX, (Longhorn Village): |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 1/1/26 | &nbsp;&nbsp;&nbsp;&nbsp;1040 | &nbsp;&nbsp;&nbsp;&nbsp; 1041741 |
| &nbsp;&nbsp;&nbsp;5.00%, 1/1/27 | &nbsp;&nbsp;&nbsp;&nbsp;1095 | &nbsp;&nbsp;&nbsp;&nbsp; 1110376 |
| &nbsp;&nbsp;&nbsp;5.00%, 1/1/29 | &nbsp;&nbsp;&nbsp;&nbsp;1205 | &nbsp;&nbsp;&nbsp;&nbsp; 1222447 |
| &nbsp;&nbsp;&nbsp;5.00%, 1/1/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;630 | &nbsp;&nbsp;&nbsp;&nbsp; 639318 |
| New Mexico Hospital Equipment Loan Council, (Haverland Carter Lifestyle Group): |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 7/1/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;430 | &nbsp;&nbsp;&nbsp;&nbsp; 434643 |
| &nbsp;&nbsp;&nbsp;5.00%, 7/1/33 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;285 | &nbsp;&nbsp;&nbsp;&nbsp; 286433 |
| &nbsp;&nbsp;&nbsp;5.00%, 7/1/34 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;195 | &nbsp;&nbsp;&nbsp;&nbsp; 195367 |
| &nbsp;&nbsp;&nbsp;5.00%, 7/1/39 | &nbsp;&nbsp;&nbsp;&nbsp;2450 | &nbsp;&nbsp;&nbsp;&nbsp; 2421633 |

---

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Senior Living/Life Care (continued) | Senior Living/Life Care (continued) | Senior Living/Life Care (continued) |
| New Mexico Hospital Equipment Loan Council, (Haverland Carter Lifestyle Group): (continued) |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 7/1/49 | $&nbsp;&nbsp;&nbsp;&nbsp;3020 | &nbsp;&nbsp;$2697023 |
| Norfolk Redevelopment and Housing Authority, VA, (Fort Norfolk Retirement Community, Inc. - Harbor's Edge), 4.00%, 1/1/29 | &nbsp;&nbsp;&nbsp;&nbsp;1090 | &nbsp;&nbsp;&nbsp;&nbsp; 1082015 |
| Palm Beach County Health Facilities Authority, FL, (Lifespace Communities, Inc.): |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 5/15/28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;255 | &nbsp;&nbsp;&nbsp;&nbsp; 255081 |
| &nbsp;&nbsp;&nbsp;5.00%, 5/15/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;300 | &nbsp;&nbsp;&nbsp;&nbsp; 300100 |
| &nbsp;&nbsp;&nbsp;5.00%, 5/15/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;775 | &nbsp;&nbsp;&nbsp;&nbsp; 783882 |
| &nbsp;&nbsp;&nbsp;5.00%, 5/15/32 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;650 | &nbsp;&nbsp;&nbsp;&nbsp; 657045 |
| Public Finance Authority, WI, (Penick Village), 5.00%, 9/1/39<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;1540 | &nbsp;&nbsp;&nbsp;&nbsp; 1551131 |
| Santa Fe, NM, (El Castillo Retirement Residences): |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 5/15/34 | &nbsp;&nbsp;&nbsp;&nbsp;1195 | &nbsp;&nbsp;&nbsp;&nbsp; 1226151 |
| &nbsp;&nbsp;&nbsp;5.00%, 5/15/39 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;480 | &nbsp;&nbsp;&nbsp;&nbsp; 482733 |
| South Carolina Jobs-Economic Development Authority, (Bishop Gadsden Episcopal Retirement Community), 4.00%, 4/1/34 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;625 | &nbsp;&nbsp;&nbsp;&nbsp; 628446 |
| South Carolina Jobs-Economic Development Authority, (South Carolina Episcopal Home at Still Hopes): |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 4/1/28 | &nbsp;&nbsp;&nbsp;&nbsp;1675 | &nbsp;&nbsp;&nbsp;&nbsp; 1693974 |
| &nbsp;&nbsp;&nbsp;5.00%, 4/1/29 | &nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp; 1011677 |
| St. Louis County Industrial Development Authority, MO, (Friendship Village of St. Louis Obligated Group), 5.00%, 9/1/27 | &nbsp;&nbsp;&nbsp;&nbsp;1930 | &nbsp;&nbsp;&nbsp;&nbsp; 1973118 |
| St. Louis County Industrial Development Authority, MO, (St. Andrew's Resources for Seniors Obligated Group), 5.00%, 12/1/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;215 | &nbsp;&nbsp;&nbsp;&nbsp; 214893 |
| Suffolk County Economic Development Corp., NY, (Peconic Landing at Southold, Inc.), 5.00%, 12/1/29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;&nbsp; 512261 |
| Tarrant County Cultural Education Facilities Finance Corp., TX, (MRC Stevenson Oaks), 6.875%, 11/15/55 | &nbsp;&nbsp;&nbsp;&nbsp;4650 | &nbsp;&nbsp;&nbsp;&nbsp; 4237516 |
| Tulsa County Industrial Authority, OK, (Montereau, Inc.): |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 11/15/28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;540 | &nbsp;&nbsp;&nbsp;&nbsp; 549546 |
| &nbsp;&nbsp;&nbsp;5.00%, 11/15/29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;400 | &nbsp;&nbsp;&nbsp;&nbsp; 407357 |
| Vermont Economic Development Authority, (Wake Robin Corp.), 5.00%, 5/1/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;585 | &nbsp;&nbsp;&nbsp;&nbsp; 587294 |
| Virginia Beach Development Authority, VA, (Westminster-Canterbury on Chesapeake Bay), 6.25%, 9/1/30 | &nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp; 2015355 |
| Washington Housing Finance Commission, (Bayview Manor Homes): |  |  |
| &nbsp;&nbsp;&nbsp;4.00%, 7/1/26<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;195 | &nbsp;&nbsp;&nbsp;&nbsp; 194700 |
| &nbsp;&nbsp;&nbsp;5.00%, 7/1/31<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;985 | &nbsp;&nbsp;&nbsp;&nbsp; 991087 |
| Washington Housing Finance Commission, (Judson Park), 4.00%, 7/1/28<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;145 | &nbsp;&nbsp;&nbsp;&nbsp; 144462 |

---

------

Eaton Vance<br>

Municipal Opportunities Fund

October 31, 2025

Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Senior Living/Life Care (continued) | Senior Living/Life Care (continued) | Senior Living/Life Care (continued) |
| Washington Housing Finance Commission, (Transforming Age): |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 1/1/27<sup>(1)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;840 | &nbsp;&nbsp;$846653 |
| &nbsp;&nbsp;&nbsp;5.00%, 1/1/28<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;445 | &nbsp;&nbsp;&nbsp;&nbsp; 451909 |
| &nbsp;&nbsp;&nbsp;5.00%, 1/1/29<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;460 | &nbsp;&nbsp;&nbsp;&nbsp; 470645 |
| &nbsp;&nbsp;&nbsp;5.00%, 1/1/34<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;&nbsp; 512064 |
|  |  | &nbsp;&nbsp;**$56467130** |
| Special Tax Revenue — 2.3% | Special Tax Revenue — 2.3% | Special Tax Revenue — 2.3% |
| Baltimore, MD, (Harbor Point): |  |  |
| &nbsp;&nbsp;&nbsp;3.45%, 6/1/35<sup>(1)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;310 | &nbsp;&nbsp;$294103 |
| &nbsp;&nbsp;&nbsp;3.50%, 6/1/39<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;650 | &nbsp;&nbsp;&nbsp;&nbsp; 590185 |
| Bullhead City, AZ, Excise Taxes Revenue: |  |  |
| &nbsp;&nbsp;&nbsp;2.10%, 7/1/36 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;585 | &nbsp;&nbsp;&nbsp;&nbsp; 500869 |
| &nbsp;&nbsp;&nbsp;2.55%, 7/1/46 | &nbsp;&nbsp;&nbsp;&nbsp;1265 | &nbsp;&nbsp;&nbsp;&nbsp; 896904 |
| &nbsp;&nbsp;&nbsp;4.50%, 7/1/44 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;700 | &nbsp;&nbsp;&nbsp;&nbsp; 713464 |
| Durango, CO, Sales and Use Tax Revenue: |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 12/1/42<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200 | &nbsp;&nbsp;&nbsp;&nbsp; 220376 |
| &nbsp;&nbsp;&nbsp;5.00%, 12/1/43<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;400 | &nbsp;&nbsp;&nbsp;&nbsp; 436116 |
| &nbsp;&nbsp;&nbsp;5.00%, 12/1/44<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;450 | &nbsp;&nbsp;&nbsp;&nbsp; 486501 |
| Hamilton County & Chattanooga Sports Authority, TN, (Stadium Project), 6.00%, 12/1/55 | &nbsp;&nbsp;&nbsp;&nbsp;1625 | &nbsp;&nbsp;&nbsp;&nbsp; 1850212 |
| Juban Crossing Economic Development District, LA, (Drainage Projects), 4.25%, 9/15/44 | &nbsp;&nbsp;&nbsp;&nbsp;1710 | &nbsp;&nbsp;&nbsp;&nbsp; 1636456 |
| Juban Crossing Economic Development District, LA, (General Infrastructure Projects), 5.00%, 9/15/49 | &nbsp;&nbsp;&nbsp;&nbsp;1960 | &nbsp;&nbsp;&nbsp;&nbsp; 1988316 |
| Lawton Industrial Development Authority, OK: |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 7/1/36 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;&nbsp; 559080 |
| &nbsp;&nbsp;&nbsp;5.00%, 7/1/37 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;&nbsp; 554606 |
| Louisiana Local Government Environmental Facilities and Community Development Authority, (City of Slidell): |  |  |
| &nbsp;&nbsp;&nbsp;4.125%, 12/1/49 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;85 | &nbsp;&nbsp;&nbsp;&nbsp; 78722 |
| &nbsp;&nbsp;&nbsp;4.25%, 12/1/54 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;725 | &nbsp;&nbsp;&nbsp;&nbsp; 671213 |
| Maryland Department of Transportation, 2.50%, 10/1/33 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;470 | &nbsp;&nbsp;&nbsp;&nbsp; 446149 |
| Mida Mountain Village Public Infrastructure District, UT, 5.50%, 6/15/39<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp; 2048984 |
| Omaha, NE, Special Tax Revenue Redevelopment Bonds, 4.00%, 4/15/54 | &nbsp;&nbsp;&nbsp;&nbsp;1875 | &nbsp;&nbsp;&nbsp;&nbsp; 1730562 |
| Oxford City Board of Education, AL, 4.00%, 5/1/50 | &nbsp;&nbsp;&nbsp;&nbsp;1480 | &nbsp;&nbsp;&nbsp;&nbsp; 1354193 |
| South Village Community Development District, FL: |  |  |
| &nbsp;&nbsp;&nbsp;3.25%, 5/1/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;95 | &nbsp;&nbsp;&nbsp;&nbsp; 94466 |
| &nbsp;&nbsp;&nbsp;4.35%, 5/1/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60 | &nbsp;&nbsp;&nbsp;&nbsp; 60111 |
| St. Louis Land Clearance for Redevelopment Authority, MO, (Kiel Opera House Renovation), 3.875%, 10/1/35 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;&nbsp; 503390 |
|  |  | &nbsp;&nbsp;**$17714978** |

---

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Student Loan — 0.4% | Student Loan — 0.4% | Student Loan — 0.4% |
| Connecticut Higher Education Supplemental Loan Authority: |  |  |
| &nbsp;&nbsp;&nbsp;(AMT), 4.125%, 11/15/40 | $&nbsp;&nbsp;&nbsp;&nbsp;2390 | &nbsp;&nbsp;$2366408 |
| &nbsp;&nbsp;&nbsp;(AMT), 5.00%, 11/15/39 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;845 | &nbsp;&nbsp;&nbsp;&nbsp; 883348 |
|  |  | &nbsp;&nbsp;**$3249756** |
| Transportation — 8.2% | Transportation — 8.2% | Transportation — 8.2% |
| Bay Area Toll Authority, CA, (San Francisco Bay Area), Toll Bridge Revenue, 3.67%, (SIFMA + 0.45%), 4/1/26 (Put Date), 4/1/56<sup>(2)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;3200 | &nbsp;&nbsp;$3186785 |
| Chicago, IL, (O'Hare International Airport): |  |  |
| &nbsp;&nbsp;&nbsp;(AMT), 5.00%, 1/1/38 | &nbsp;&nbsp;&nbsp;&nbsp;2485 | &nbsp;&nbsp;&nbsp;&nbsp; 2691407 |
| &nbsp;&nbsp;&nbsp;(AMT), 5.00%, 1/1/39 | &nbsp;&nbsp;&nbsp;&nbsp;1500 | &nbsp;&nbsp;&nbsp;&nbsp; 1612856 |
| Colorado Bridge Enterprise, (Central 70 Project), (AMT), 4.00%, 12/31/28 | &nbsp;&nbsp;&nbsp;&nbsp;2760 | &nbsp;&nbsp;&nbsp;&nbsp; 2784044 |
| Hawaii, Airports System Revenue, (AMT), 5.00%, 7/1/41 | &nbsp;&nbsp;&nbsp;&nbsp;1500 | &nbsp;&nbsp;&nbsp;&nbsp; 1613957 |
| Los Angeles Department of Airports, CA, (Los Angeles International Airport), (AMT), 5.00%, 5/15/36 | &nbsp;&nbsp;&nbsp;&nbsp;3080 | &nbsp;&nbsp;&nbsp;&nbsp; 3245851 |
| Memphis-Shelby County Airport Authority, TN, (AMT), 5.00%, 7/1/35 | &nbsp;&nbsp;&nbsp;&nbsp;1995 | &nbsp;&nbsp;&nbsp;&nbsp; 2051542 |
| Metropolitan Washington Airports Authority, D.C., (AMT), 5.00%, 10/1/38 | &nbsp;&nbsp;&nbsp;&nbsp;1600 | &nbsp;&nbsp;&nbsp;&nbsp; 1727273 |
| Oklahoma Turnpike Authority, 5.50%, 1/1/53 | &nbsp;&nbsp;&nbsp;&nbsp;4165 | &nbsp;&nbsp;&nbsp;&nbsp; 4445893 |
| Philadelphia, PA, Airport Revenue, (AMT), 5.00%, 7/1/42 | &nbsp;&nbsp;&nbsp;&nbsp;2990 | &nbsp;&nbsp;&nbsp;&nbsp; 3013748 |
| Port of Seattle, WA: |  |  |
| &nbsp;&nbsp;&nbsp;(AMT), 4.00%, 5/1/43 | &nbsp;&nbsp;&nbsp;&nbsp;5000 | &nbsp;&nbsp;&nbsp;&nbsp; 4667235 |
| &nbsp;&nbsp;&nbsp;(AMT), 5.00%, 5/1/37 | &nbsp;&nbsp;&nbsp;&nbsp;2100 | &nbsp;&nbsp;&nbsp;&nbsp; 2131700 |
| &nbsp;&nbsp;&nbsp;(AMT), 5.00%, 5/1/37 | &nbsp;&nbsp;&nbsp;&nbsp;3000 | &nbsp;&nbsp;&nbsp;&nbsp; 3045286 |
| Public Finance Authority, WI, (Georgia SR 400 Express Lanes), (AMT), 6.50%, 6/30/60 | &nbsp;&nbsp;&nbsp;&nbsp;2500 | &nbsp;&nbsp;&nbsp;&nbsp; 2757800 |
| Salt Lake City, UT, (Salt Lake City International Airport), (AMT), 5.00%, 7/1/47 | &nbsp;&nbsp;&nbsp;&nbsp;2055 | &nbsp;&nbsp;&nbsp;&nbsp; 2062775 |
| San Diego County Regional Airport Authority, CA, (San Diego International Airport), (AMT), 5.25%, 7/1/38 | &nbsp;&nbsp;&nbsp;&nbsp;4500 | &nbsp;&nbsp;&nbsp;&nbsp; 5022199 |
| San Francisco City and County Airport Commission, CA, (San Francisco International Airport): |  |  |
| &nbsp;&nbsp;&nbsp;(AMT), 5.00%, 5/1/44 | &nbsp;&nbsp;&nbsp;&nbsp;5000 | &nbsp;&nbsp;&nbsp;&nbsp; 5102204 |
| &nbsp;&nbsp;&nbsp;(AMT), 5.25%, 5/1/42 | &nbsp;&nbsp;&nbsp;&nbsp;4000 | &nbsp;&nbsp;&nbsp;&nbsp; 4313879 |
| Texas Private Activity Bond Surface Transportation Corp., (North Tarrant Express Managed Lanes Project), 5.00%, 12/31/34 | &nbsp;&nbsp;&nbsp;&nbsp;3000 | &nbsp;&nbsp;&nbsp;&nbsp; 3193410 |
| Triborough Bridge and Tunnel Authority, NY, (LOC: TD Bank, N.A.), 4.00%, 1/1/33<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;1150 | &nbsp;&nbsp;&nbsp;&nbsp; 1150000 |
| Virginia Port Authority, 5.25%, 7/1/50 | &nbsp;&nbsp;&nbsp;&nbsp;3500 | &nbsp;&nbsp;&nbsp;&nbsp; 3749010 |
|  |  | &nbsp;&nbsp;**$63568854** |

---

------

Eaton Vance<br>

Municipal Opportunities Fund

October 31, 2025

Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Water and Sewer — 4.5% | Water and Sewer — 4.5% | Water and Sewer — 4.5% |
| Allegheny County Sanitary Authority, PA, 4.00%, 12/1/41 | $&nbsp;&nbsp;&nbsp;&nbsp;3270 | &nbsp;&nbsp;$3306209 |
| Arkansas Development Finance Authority, 5.00%, 6/1/43 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;900 | &nbsp;&nbsp;&nbsp;&nbsp; 983968 |
| Beaufort-Jasper Water and Sewer Authority, SC, 4.00%, 3/1/47 | &nbsp;&nbsp;&nbsp;&nbsp;2185 | &nbsp;&nbsp;&nbsp;&nbsp; 2083296 |
| Corpus Christi, TX, Utility System Revenue, 4.00%, 7/15/48 | &nbsp;&nbsp;&nbsp;&nbsp;2500 | &nbsp;&nbsp;&nbsp;&nbsp; 2317352 |
| Mount Pleasant, SC, Water & Sewer Revenue, 4.00%, 6/1/50<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp; 1915151 |
| New York City Municipal Water Finance Authority, NY, (Water and Sewer System): |  |  |
| &nbsp;&nbsp;&nbsp;3.90%, 6/15/33<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;2600 | &nbsp;&nbsp;&nbsp;&nbsp; 2600000 |
| &nbsp;&nbsp;&nbsp;5.25%, 6/15/47 | &nbsp;&nbsp;&nbsp;&nbsp;2495 | &nbsp;&nbsp;&nbsp;&nbsp; 2662953 |
| &nbsp;&nbsp;&nbsp;(SPA: Barclays Bank PLC), 3.90%, 6/15/53<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;2500 | &nbsp;&nbsp;&nbsp;&nbsp; 2500000 |
| &nbsp;&nbsp;&nbsp;(SPA: JPMorgan Chase Bank, N.A.), 3.90%, 6/15/43<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp; 2000000 |
| &nbsp;&nbsp;&nbsp;(SPA: JPMorgan Chase Bank, N.A.), 3.90%, 6/15/44<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;1700 | &nbsp;&nbsp;&nbsp;&nbsp; 1700000 |
| San Antonio, TX, Water System Revenue, (SPA: Truist Bank), 3.95%, 5/1/54<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp; 2000000 |
| Sanford, NC, Utility Systems Revenue: |  |  |
| &nbsp;&nbsp;&nbsp;4.00%, 6/1/44 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;550 | &nbsp;&nbsp;&nbsp;&nbsp; 541273 |
| &nbsp;&nbsp;&nbsp;4.00%, 6/1/45 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;545 | &nbsp;&nbsp;&nbsp;&nbsp; 532865 |
| Stafford County, VA, Water and Wastewater System Revenue, 5.00%, 10/1/50 | &nbsp;&nbsp;&nbsp;&nbsp;1125 | &nbsp;&nbsp;&nbsp;&nbsp; 1196281 |
| Sumner, WA, Water and Sewer Revenue: |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 12/1/37 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;235 | &nbsp;&nbsp;&nbsp;&nbsp; 268259 |
| &nbsp;&nbsp;&nbsp;5.00%, 12/1/38 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;160 | &nbsp;&nbsp;&nbsp;&nbsp; 180026 |
| &nbsp;&nbsp;&nbsp;5.00%, 12/1/39 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;85 | &nbsp;&nbsp;&nbsp;&nbsp; 94786 |
| &nbsp;&nbsp;&nbsp;5.00%, 12/1/40 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;120 | &nbsp;&nbsp;&nbsp;&nbsp; 132728 |
| &nbsp;&nbsp;&nbsp;5.00%, 12/1/41 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;150 | &nbsp;&nbsp;&nbsp;&nbsp; 164187 |
| &nbsp;&nbsp;&nbsp;5.00%, 12/1/42 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;215 | &nbsp;&nbsp;&nbsp;&nbsp; 232947 |
| &nbsp;&nbsp;&nbsp;5.00%, 12/1/43 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;140 | &nbsp;&nbsp;&nbsp;&nbsp; 150273 |
| &nbsp;&nbsp;&nbsp;5.00%, 12/1/45 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;220 | &nbsp;&nbsp;&nbsp;&nbsp; 233446 |
| &nbsp;&nbsp;&nbsp;5.00%, 12/1/49 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;650 | &nbsp;&nbsp;&nbsp;&nbsp; 685013 |
| Virginia Beach, VA, Storm Water Utility Revenue: |  |  |
| &nbsp;&nbsp;&nbsp;4.00%, 11/15/44 | &nbsp;&nbsp;&nbsp;&nbsp;2115 | &nbsp;&nbsp;&nbsp;&nbsp; 2094271 |
| &nbsp;&nbsp;&nbsp;4.00%, 11/15/49 | &nbsp;&nbsp;&nbsp;&nbsp;2150 | &nbsp;&nbsp;&nbsp;&nbsp; 2079369 |
| Walton County Water and Sewerage Authority, GA, 5.00%, 2/1/53 | &nbsp;&nbsp;&nbsp;&nbsp;1300 | &nbsp;&nbsp;&nbsp;&nbsp; 1351025 |
| Woodruff-Roebuck Water District, SC: |  |  |
| &nbsp;&nbsp;&nbsp;4.00%, 6/1/41 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;250 | &nbsp;&nbsp;&nbsp;&nbsp; 248799 |
| &nbsp;&nbsp;&nbsp;5.00%, 6/1/40 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;250 | &nbsp;&nbsp;&nbsp;&nbsp; 275243 |
|  |  | &nbsp;&nbsp;**$34529720** |
| Total Tax-Exempt Municipal Obligations<br> (identified cost $717,535,608) |  | &nbsp;&nbsp;**$726292102** |

---

Taxable Municipal Obligations — 6.8%

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Education — 0.3% | Education — 0.3% | Education — 0.3% |
| Maricopa County Industrial Development Authority, AZ, (Grand Canyon University), 7.375%, 10/1/29<sup>(1)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;$1050103 |
| University of California, 3.349%, 7/1/29 | &nbsp;&nbsp;&nbsp;&nbsp;1150 | &nbsp;&nbsp;&nbsp;&nbsp; 1130288 |
|  |  | &nbsp;&nbsp;**$2180391** |
| General Obligations — 2.1% | General Obligations — 2.1% | General Obligations — 2.1% |
| Atlantic City, NJ, 7.00%, 3/1/28 | $&nbsp;&nbsp;&nbsp;&nbsp;1390 | &nbsp;&nbsp;$1442057 |
| California: |  |  |
| &nbsp;&nbsp;&nbsp;7.50%, 4/1/34<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;2310 | &nbsp;&nbsp;&nbsp;&nbsp; 2719243 |
| &nbsp;&nbsp;&nbsp;7.55%, 4/1/39<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;2725 | &nbsp;&nbsp;&nbsp;&nbsp; 3333352 |
| Chicago, IL: |  |  |
| &nbsp;&nbsp;&nbsp;7.375%, 1/1/33 | &nbsp;&nbsp;&nbsp;&nbsp;2899 | &nbsp;&nbsp;&nbsp;&nbsp; 3129071 |
| &nbsp;&nbsp;&nbsp;7.781%, 1/1/35 | &nbsp;&nbsp;&nbsp;&nbsp;2590 | &nbsp;&nbsp;&nbsp;&nbsp; 2886845 |
| Larkspur-Corte Madera School District, CA, (Election of 2011 and 2014), 2.002%, 8/1/33 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;650 | &nbsp;&nbsp;&nbsp;&nbsp; 556876 |
| Marin Community College District, CA, 2.14%, 8/1/34 | &nbsp;&nbsp;&nbsp;&nbsp;1500 | &nbsp;&nbsp;&nbsp;&nbsp; 1267938 |
| Mattawan Consolidated School, MI, 1.966%, 5/1/32 | &nbsp;&nbsp;&nbsp;&nbsp;1100 | &nbsp;&nbsp;&nbsp;&nbsp; 955489 |
|  |  | &nbsp;&nbsp;**$16290871** |
| Hospital — 0.1% | Hospital — 0.1% | Hospital — 0.1% |
| California Infrastructure and Economic Development Bank, (Adventist Health Energy), 5.929%, 7/1/34 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;995 | &nbsp;&nbsp;$1028947 |
|  |  | &nbsp;&nbsp;**$1028947** |
| Housing — 2.8% | Housing — 2.8% | Housing — 2.8% |
| Maine Housing Authority: |  |  |
| &nbsp;&nbsp;&nbsp;(SPA: Barclays Bank PLC), 4.10%, 11/15/52<sup>(6)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;3500 | &nbsp;&nbsp;$3500000 |
| &nbsp;&nbsp;&nbsp;(SPA: TD Bank, N.A.), 4.15%, 11/15/50<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;9020 | &nbsp;&nbsp;&nbsp;&nbsp; 9020000 |
| New York Housing Finance Agency: |  |  |
| &nbsp;&nbsp;&nbsp;(Liq: Barclays Bank PLC), 4.15%, 11/1/45<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;4000 | &nbsp;&nbsp;&nbsp;&nbsp; 4000000 |
| &nbsp;&nbsp;&nbsp;Social Bonds, (SPA: TD Bank, N.A.), 4.15%, 11/1/55<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;5120 | &nbsp;&nbsp;&nbsp;&nbsp; 5120000 |
|  |  | &nbsp;&nbsp;**$21640000** |
| Insured - General Obligations — 0.2% | Insured - General Obligations — 0.2% | Insured - General Obligations — 0.2% |
| Altoona Area School District, PA, (BAM), 2.288%, 12/1/34 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;675 | &nbsp;&nbsp;$559315 |
| Effingham County Industrial Development Authority, GA, (BAM), 6.00%, 4/1/48 | &nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp; 1004624 |
|  |  | &nbsp;&nbsp;**$1563939** |

---

------

Eaton Vance<br>

Municipal Opportunities Fund

October 31, 2025

Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Insured - Special Tax Revenue — 0.4% | Insured - Special Tax Revenue — 0.4% | Insured - Special Tax Revenue — 0.4% |
| Bexar County, TX, Venue Project Revenue, (AG), 2.434%, 8/15/33 | $&nbsp;&nbsp;&nbsp;&nbsp;1505 | &nbsp;&nbsp;$1311659 |
| Rio Elementary School District Community Facilities District No. 1, CA, (BAM), 2.457%, 9/1/32 | &nbsp;&nbsp;&nbsp;&nbsp;1500 | &nbsp;&nbsp;&nbsp;&nbsp; 1307564 |
| Successor Agency to San Bernardino County Redevelopment Agency, CA, (AG), 4.00%, 9/1/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;&nbsp; 498254 |
|  |  | &nbsp;&nbsp;**$3117477** |
| Insured - Transportation — 0.2% | Insured - Transportation — 0.2% | Insured - Transportation — 0.2% |
| Alameda Corridor Transportation Authority, CA, (AG), 0.00%, 10/1/38 | $&nbsp;&nbsp;&nbsp;&nbsp;2500 | &nbsp;&nbsp;$1217427 |
|  |  | &nbsp;&nbsp;**$1217427** |
| Special Tax Revenue — 0.7% | Special Tax Revenue — 0.7% | Special Tax Revenue — 0.7% |
| Los Angeles County Metropolitan Transportation Authority, CA, Sales Tax Revenue, 4.726%, 7/1/27 | $&nbsp;&nbsp;&nbsp;&nbsp;1975 | &nbsp;&nbsp;$2006605 |
| Ohio County Commission, WV, (Fort Henry Economic Opportunity Development District - The Highlands), 5.25%, 3/1/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;335 | &nbsp;&nbsp;&nbsp;&nbsp; 335019 |
| Oneida Indian Nation of New York, NY, 7.25%, 9/1/34<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;3255 | &nbsp;&nbsp;&nbsp;&nbsp; 3306077 |
|  |  | &nbsp;&nbsp;**$5647701** |
| Total Taxable Municipal Obligations<br> (identified cost $52,676,401) |  | &nbsp;&nbsp;**$52686753** |
| Total Investments — 101.4%<br> (identified cost $772,075,880) |  | &nbsp;&nbsp;**$780886917** |
| Other Assets, Less Liabilities — (1.4)% |  | &nbsp;&nbsp;**$(10654522)** |
| Net Assets — 100.0% |  | &nbsp;&nbsp;**$770232395** |

---

---

| | |
|:---|:---|
| 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>†</sup> | Amount is less than 0.05% or (0.05)%, as applicable. |
| <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 October 31, 2025, the aggregate value of these securities is $36,338,415 or 4.7% of the Fund's net assets. |
| <sup>(2)</sup> | Floating rate security. The stated interest rate represents the rate in effect at October 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 October 31, 2025. |
| <sup>(4)</sup> | When-issued security. |
| <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. |
| <sup>(6)</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 October 31, 2025. |
| At October 31, 2025, the concentration of the Fund's investments in the various states and territories, determined as a percentage of net assets, is as follows: | At October 31, 2025, the concentration of the Fund's investments in the various states and territories, determined as a percentage of net assets, is as follows: |

---

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;California | 13.9% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Others, representing less than 10% individually | 87.5% |

---

The Fund invests primarily in debt securities issued by 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 October 31, 2025, 11.9% 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 0.6% to 5.9% of total investments.

---

| | |
|:---|:---|
| **Abbreviations:** | **Abbreviations:** |
| AG | – Assured Guaranty, 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 |
| GNMA | – Government National Mortgage Association |
| Liq | – Liquidity Provider |
| LOC | – Letter of Credit |
| NPFG | – National Public Finance Guarantee Corp. |
| PSF | – Permanent School Fund |
| SFMR | – Single Family Mortgage Revenue |
| SIFMA | – Securities Industry and Financial Markets Association Municipal Swap Index |
| SOFR | – Secured Overnight Financing Rate |
| SPA | – Standby Bond Purchase Agreement |

---

------

Eaton Vance<br>

Municipal Opportunities Fund

October 31, 2025

Portfolio of Investments (Unaudited) — continued

------

The Fund did not have any open derivative instruments at October 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 October 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;$1493099 | &nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$1493099 |
| Tax-Exempt Mortgage-Backed Securities | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 414963 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 414963 |
| Tax-Exempt Municipal Obligations | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;726292102 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;726292102 |
| Taxable Municipal Obligations | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 52686753 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 52686753 |
| **Total Investments** | &nbsp;&nbsp;**$1493099** | &nbsp;&nbsp;&nbsp;&nbsp;**$779393818** | &nbsp;&nbsp;&nbsp;&nbsp;**$—** | &nbsp;&nbsp;&nbsp;&nbsp;**$780886917** |

---

**Equity Securities. Equity securities listed on a U.S. securities exchange generally are valued at the last sale or closing price on the day of valuation or, if no sales took place on such date, at the mean between the closing bid and ask prices on the exchange where such securities are principally traded. Equity securities listed on the NASDAQ National Market System are valued at the NASDAQ official closing price. Unlisted or listed securities for which closing sales prices or closing quotations are not available are valued at the mean between the latest available bid and ask prices.**

For additional 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 Municipal Opportunities Fund

- **b. EDGAR series identifier (if any):** S000032714

- **c. LEI of Series:** 549300P3IF8ZN4Z8ZP38

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

- **a. Date of fiscal year-end:** 2026-07-31

- **b. Date as of which information is reported:** 2025-10-31

**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:** $797647441.64

**Total Liabilities:** $29721637.71

**Net Assets:** $767925803.93

**Delayed Delivery Securities:** $26885565.82

**Cash Not Reported:** $209718.48

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -1097.56000000 | **1-Year:** -18774.23000000 | **5-Year:** -91220.59000000 | **10-Year:** -300079.92000000 | **30-Year:** -97672.50000000

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

- **3-Month:** -733.15000000 | **1-Year:** -7467.14000000 | **5-Year:** -15051.79000000 | **10-Year:** -24201.36000000 | **30-Year:** -5387.39000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000100969 | 0.93%                | 2.83%                | 1.51%                |
| Class ID C000100970 | 0.86%                | 2.86%                | 1.44%                |
| Class ID C000100971 | 0.95%                | 2.94%                | 1.53%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-910567.51              | $5401975.75                                |
| Month 2  | $129678.54               | $18727657.94                               |
| Month 3  | $949780.02               | $8123664.26                                |

**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        |   4830000 | PA      | $4735902.42   | 0.62%             | 2047-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Alabama Housing Finance Authority                                                | ALABAMA ST HSG FIN AUTH SF MTGE REVENUE                      | CUSIP: 01030RLJ9<br>LEI: 549300VFN7EHPOFS7D76 | Long             | DBT              | MUN               | US        |   1410000 | PA      | $1422793.07   | 0.19%             | 2044-10-01      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| Alameda Corridor Transportation Authority                                        | ALAMEDA CA CORRIDOR TRANSPRTN AUTH REVENUE                   | CUSIP: 010869LU7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $1217427.25   | 0.16%             | 2038-10-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Alaska Housing Finance Corp                                                      | ALASKA ST HSG FIN CORP MTGE REVENUE                          | CUSIP: 01170RSS2<br>LEI: 549300HJ8NOJNYW6ER36 | Long             | DBT              | MUN               | US        |   1445000 | PA      | $1446873.73   | 0.19%             | 2051-06-01      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| Alaska Railroad Corp                                                             | ALASKA ST RAILROAD CORP CRUISE PORT REVENUE                  | CUSIP: 01176AAP8<br>LEI: 549300SM5ZU2HV31E004 | Long             | DBT              | MUN               | US        |    250000 | PA      | $273324.28    | 0.04%             | 2041-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Allegheny County Airport Authority                                               | ALLEGHENY CNTY PA ARPT AUTH ARPT REVENUE                     | CUSIP: 01728LFH0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4534006.00   | 0.59%             | 2046-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Allegheny County Airport Authority                                               | ALLEGHENY CNTY PA ARPT AUTH ARPT REVENUE                     | CUSIP: 01728LGX4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    900000 | PA      | $985487.13    | 0.13%             | 2038-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Allegheny County Sanitary Authority                                              | ALLEGHENY CNTY PA SAN AUTH                                   | CUSIP: 017357U36<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3270000 | PA      | $3306208.71   | 0.43%             | 2041-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Altoona Area School District                                                     | ALTOONA PA AREA SCH DIST                                     | CUSIP: 021807MV1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    675000 | PA      | $559315.06    | 0.07%             | 2034-12-01      | Fixed         | 2.29%                 | No            |                  2 | On Loan: No      |
| County of Anne Arundel MD                                                        | ANNE ARUNDEL CNTY MD                                         | CUSIP: 03588HE44<br>LEI: 549300L8Q6EFVTZGWW41 | Long             | DBT              | MUN               | US        |   1610000 | PA      | $1661148.57   | 0.22%             | 2046-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Anne Arundel MD                                                        | ANNE ARUNDEL CNTY MD                                         | CUSIP: 03588JNK4<br>LEI: 549300L8Q6EFVTZGWW41 | Long             | DBT              | MUN               | US        |   2635000 | PA      | $2923946.20   | 0.38%             | 2042-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arizona Health Facilities Authority                                              | ARIZONA ST HLTH FACS AUTH                                    | CUSIP: 040507QB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1165000 | PA      | $1165000.00   | 0.15%             | 2046-01-01      | Floating      | 3.90%                 | No            |                  2 | On Loan: No      |
| Arizona Industrial Development Authority                                         | ARIZONA ST INDL DEV AUTH REVENUE                             | CUSIP: 04052AEF9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1955000 | PA      | $1863194.37   | 0.24%             | 2028-10-01      | Floating      | 5.35%                 | No            |                  2 | On Loan: No      |
| Arkansas Development Finance Authority                                           | ARKANSAS ST DEV FIN AUTH REVENUE                             | CUSIP: 04108KW38<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    900000 | PA      | $983968.29    | 0.13%             | 2043-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Arlington VA                                                           | ARLINGTON CNTY VA                                            | CUSIP: 041431YH4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $407387.28    | 0.05%             | 2042-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Atlantic City NJ                                                         | ATLANTIC CITY NJ                                             | CUSIP: 048339UG8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1390000 | PA      | $1442057.03   | 0.19%             | 2028-03-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| County of Baldwin AL                                                             | BALDWIN CNTY AL                                              | CUSIP: 057845SV2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    270000 | PA      | $287785.25    | 0.04%             | 2043-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Baltimore MD                                                             | BALTIMORE MD SPL OBLIG                                       | CUSIP: 05923TCR8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    310000 | PA      | $294102.92    | 0.04%             | 2035-06-01      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| City of Baltimore MD                                                             | BALTIMORE MD SPL OBLIG                                       | CUSIP: 05923TCS6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    650000 | PA      | $590185.44    | 0.08%             | 2039-06-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Bassett Unified School District                                                  | BASSETT CA UNIF SCH DIST                                     | CUSIP: 070185WN9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1585000 | PA      | $1727120.77   | 0.22%             | 2050-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Bassett Unified School District                                                  | BASSETT CA UNIF SCH DIST                                     | CUSIP: 070185WP4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2270000 | PA      | $2465438.60   | 0.32%             | 2054-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Bath Community Schools                                                           | BATH MI CMNTY SCHS                                           | CUSIP: 071095PB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    900000 | PA      | $979713.36    | 0.13%             | 2041-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Bath Community Schools                                                           | BATH MI CMNTY SCHS                                           | CUSIP: 071095PC1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $648063.36    | 0.08%             | 2042-05-01      | Fixed         | 5.00%                 | 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        |   3200000 | PA      | $3186784.64   | 0.41%             | 2056-04-01      | Floating      | 3.67%                 | No            |                  2 | On Loan: No      |
| Beaufort-Jasper Water & Sewer Authority                                          | BEAUFORT-JASPER SC WTR & SWR AUTH WTRWKS & SWR SYS REVENUE   | CUSIP: 074358HT2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2185000 | PA      | $2083295.68   | 0.27%             | 2047-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Town of Bennett CO Wastewater Revenue                                            | BENNETT CO WSTWTR REVENUE                                    | CUSIP: 082162AR9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    825000 | PA      | $899614.16    | 0.12%             | 2041-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Town of Bennett CO Wastewater Revenue                                            | BENNETT CO WSTWTR REVENUE                                    | CUSIP: 082162AT5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2195000 | PA      | $2108962.80   | 0.27%             | 2049-12-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Benton Washington Regional Public Water Authority                                | BENTON/WASHINGTON AR REGL PUBLIC WTR AUTH WTR REVENUE        | CUSIP: 083389HM1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    325000 | PA      | $323607.15    | 0.04%             | 2055-10-01      | Fixed         | 4.62%                 | 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      | $2974268.09   | 0.39%             | 2044-08-01      | Fixed         | 5.00%                 | 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        |   2220000 | PA      | $2028976.33   | 0.26%             | 2042-08-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Beverly Hills Unified School District CA                                         | BEVERLY HILLS CA UNIF SCH DIST                               | CUSIP: 088023PG5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3830000 | PA      | $3360733.85   | 0.44%             | 2044-08-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| County of Bexar TX                                                               | BEXAR CNTY TX REVENUE                                        | CUSIP: 088518PC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1505000 | PA      | $1311659.27   | 0.17%             | 2033-08-15      | Fixed         | 2.43%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                                   | BLACK BELT ENERGY GAS DIST ALGAS PREPAY REVENUE              | CUSIP: 09182RBF7<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4961451.00   | 0.65%             | 2049-10-01      | Floating      | 3.59%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                                   | BLACK BELT ENERGY GAS DIST AL GAS PROJECT REVENUE            | CUSIP: 09182TCR6<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2654145.00   | 0.35%             | 2049-06-01      | Floating      | 5.50%                 | No            |                  2 | On Loan: No      |
| BlackRock California Municipal Income Trust                                      | BlackRock California Municipal Income Trust                  | CUSIP: 09248E102<br>LEI: LE6236HQD6DXEGUHE217 | Long             | EC               | RF                | US        |    135613 | NS      | $1493099.13   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Village of Bradley IL                                                            | BRADLEY IL                                                   | CUSIP: 104575EL5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1210000 | PA      | $1283504.96   | 0.17%             | 2043-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Village of Bradley IL                                                            | BRADLEY IL                                                   | CUSIP: 104575EM3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    850000 | PA      | $894692.75    | 0.12%             | 2044-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Bromley Park Metropolitan District No 3                                          | BROMLEY PARK MET DIST NO 3 CO                                | CUSIP: 11222PAM5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    960000 | PA      | $900297.41    | 0.12%             | 2044-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Buffalo & Erie County Industrial Land Development Corp                           | BUFFALO & ERIE CNTY NY INDL LAND DEV CORP REVENUE            | CUSIP: 11943KCL4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1730000 | PA      | $1731648.52   | 0.23%             | 2026-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Buffalo & Erie County Industrial Land Development Corp                           | BUFFALO & ERIE CNTY NY INDL LAND DEV CORP REVENUE            | CUSIP: 11943KCM2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1320000 | PA      | $1321402.10   | 0.17%             | 2027-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Bullhead AZ Excise Taxes Revenue                                         | BULLHEAD CITY AZ EXCISE TAX REVENUE                          | CUSIP: 12022MAZ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    585000 | PA      | $500868.81    | 0.07%             | 2036-07-01      | Fixed         | 2.10%                 | No            |                  2 | On Loan: No      |
| City of Bullhead AZ Excise Taxes Revenue                                         | BULLHEAD CITY AZ EXCISE TAX REVENUE                          | CUSIP: 12022MBB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1265000 | PA      | $896904.35    | 0.12%             | 2046-07-01      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| City of Bullhead AZ Excise Taxes Revenue                                         | BULLHEAD CITY AZ EXCISE TAX REVENUE                          | CUSIP: 12022MCK4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $713463.59    | 0.09%             | 2044-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Development Authority of Burke County/The                                        | BURKE CNTY GA DEV AUTH POLL CONTROL REVENUE                  | CUSIP: 121342MW6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4950000 | PA      | $4950000.00   | 0.64%             | 2049-07-01      | Floating      | 3.95%                 | No            |                  2 | On Loan: No      |
| Caledonia Community Schools                                                      | CALEDONIA MI CMNTY SCHS                                      | CUSIP: 129271WX6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $545589.80    | 0.07%             | 2042-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Caledonia Community Schools                                                      | CALEDONIA MI CMNTY SCHS                                      | CUSIP: 129271WY4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $540534.20    | 0.07%             | 2043-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Caledonia Community Schools                                                      | CALEDONIA MI CMNTY SCHS                                      | CUSIP: 129271XA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    225000 | PA      | $237220.09    | 0.03%             | 2045-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Calhoun County Hospital Finance Authority                                        | CALHOUN CNTY MI HOSP FIN AUTH REVENUE                        | CUSIP: 12964UAQ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2110000 | PA      | $2133798.90   | 0.28%             | 2032-02-15      | Fixed         | 5.00%                 | 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        |   4930000 | PA      | $5239098.18   | 0.68%             | 2055-01-01      | Floating      | 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        |    995000 | PA      | $1028946.81   | 0.13%             | 2034-07-01      | Fixed         | 5.93%                 | No            |                  2 | On Loan: No      |
| California Infrastructure & Economic Development Bank                            | CALIFORNIA ST INFRASTRUCTURE & ECON DEV BANK REVENUE         | CUSIP: 13034AN48<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |   2300000 | PA      | $2295536.85   | 0.30%             | 2050-12-01      | Floating      | 3.92%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                           | CALIFORNIA ST MUNI FIN AUTH STUDENT HSG REVENUE              | CUSIP: 13049YDT5<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1825000 | PA      | $1904387.50   | 0.25%             | 2037-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of California                                                              | CALIFORNIA ST                                                | CUSIP: 13063A5E0<br>LEI: 9845007J7054602FF597 | Long             | DBT              | MUN               | US        |   2310000 | PA      | $2719242.83   | 0.35%             | 2034-04-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| State of California                                                              | CALIFORNIA ST                                                | CUSIP: 13063A5G5<br>LEI: 9845007J7054602FF597 | Long             | DBT              | MUN               | US        |   2725000 | PA      | $3333351.62   | 0.43%             | 2039-04-01      | Fixed         | 7.55%                 | No            |                  2 | On Loan: No      |
| State of California                                                              | CALIFORNIA ST                                                | CUSIP: 13063D2G2<br>LEI: 9845007J7054602FF597 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5457006.50   | 0.71%             | 2042-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of California                                                              | CALIFORNIA ST                                                | CUSIP: 13063EMX1<br>LEI: 9845007J7054602FF597 | Long             | DBT              | MUN               | US        |   2755000 | PA      | $3122376.22   | 0.41%             | 2041-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Cameron School District/WI                                                       | CAMERON WI SCH DIST                                          | CUSIP: 133650GP0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    185000 | PA      | $180117.20    | 0.02%             | 2044-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Canton Independent School District/TX                                            | CANTON TX INDEP SCH DIST                                     | CUSIP: 138555RE9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2395000 | PA      | $2659060.01   | 0.35%             | 2043-02-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Capital Trust Agency Inc                                                         | CAPITAL TRUST AGY FL EDUCTNL FACS REVENUE                    | CUSIP: 14054CAZ2<br>LEI: 549300F49UWS7X0OGQ59 | Long             | DBT              | MUN               | US        |    300000 | PA      | $298917.60    | 0.04%             | 2028-06-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Town of Castle Rock CO                                                           | CASTLE ROCK CO COPS                                          | CUSIP: 14848PBX8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1040000 | PA      | $1145387.98   | 0.15%             | 2043-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| County of Cecil MD                                                               | CECIL CNTY MD                                                | CUSIP: 14984PFX8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2750000 | PA      | $2780004.43   | 0.36%             | 2053-08-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| City of Centerton AR Sales & Use Tax Revenue                                     | CENTERTON AR SALES & USE TAX                                 | CUSIP: 152014DP8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $146229.69    | 0.02%             | 2049-11-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| City of Centerville OH                                                           | CENTERVILLE OH HLTH CARE REVENUE                             | CUSIP: 152241AW5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    770000 | PA      | $774780.24    | 0.10%             | 2026-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Centerville OH                                                           | CENTERVILLE OH HLTH CARE REVENUE                             | CUSIP: 152241AX3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    325000 | PA      | $329583.77    | 0.04%             | 2027-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Central Weld County Water District                                               | CENTRL WELD CNTY CO WTR DIST REVENUE                         | CUSIP: 156024CV1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    475000 | PA      | $493606.61    | 0.06%             | 2054-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Chicago IL                                                               | CHICAGO IL                                                   | CUSIP: 167486MM8<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |   2590000 | PA      | $2886845.08   | 0.38%             | 2035-01-01      | Fixed         | 7.78%                 | No            |                  2 | On Loan: No      |
| City of Chicago IL                                                               | CHICAGO IL                                                   | CUSIP: 167486VV8<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |   2899000 | PA      | $3129071.02   | 0.41%             | 2033-01-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                       | CHICAGO IL BRD OF EDU                                        | CUSIP: 167501VD4<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   1580000 | PA      | $1517864.76   | 0.20%             | 2026-12-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                       | CHICAGO IL BRD OF EDU                                        | CUSIP: 167501VF9<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   1560000 | PA      | $1389733.02   | 0.18%             | 2028-12-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                       | CHICAGO IL BRD OF EDU                                        | CUSIP: 167505D29<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |    500000 | PA      | $489712.50    | 0.06%             | 2045-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                       | CHICAGO IL BRD OF EDU                                        | CUSIP: 167505PL4<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   4475000 | PA      | $4230937.08   | 0.55%             | 2042-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                       | CHICAGO IL BRD OF EDU                                        | CUSIP: 167505PS9<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1900708.60   | 0.25%             | 2035-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                       | CHICAGO IL BRD OF EDU                                        | CUSIP: 167505QP4<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |    935000 | PA      | $934990.56    | 0.12%             | 2035-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                       | CHICAGO IL BRD OF EDU                                        | CUSIP: 167505QR0<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   5365000 | PA      | $5290955.49   | 0.69%             | 2039-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                       | CHICAGO IL BRD OF EDU                                        | CUSIP: 167505ZD1<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5188569.00   | 0.68%             | 2037-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Chicago O'Hare International Airport                                             | CHICAGO IL O'HARE INTERNATIONAL ARPT REVENUE                 | CUSIP: 1675934J8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2485000 | PA      | $2691407.08   | 0.35%             | 2038-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago O'Hare International Airport                                             | CHICAGO IL O'HARE INTERNATIONAL ARPT REVENUE                 | CUSIP: 1675934K5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1612856.25   | 0.21%             | 2039-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chisholm Creek Utility Authority                                                 | CHISHOLM CREEK KS UTILITY AUTH WTR & WSTWTR FACS REVENUE     | CUSIP: 170123EE9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     80000 | PA      | $77292.40     | 0.01%             | 2044-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Clackamas County Hospital Facility Authority                                     | CLACKAMAS CNTY OR HOSP FAC AUTH REVENUE                      | CUSIP: 179027YH4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $304191.69    | 0.04%             | 2028-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Clackamas County Hospital Facility Authority                                     | CLACKAMAS CNTY OR HOSP FAC AUTH REVENUE                      | CUSIP: 179027YJ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    315000 | PA      | $319686.57    | 0.04%             | 2029-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Clackamas County Hospital Facility Authority                                     | CLACKAMAS CNTY OR HOSP FAC AUTH REVENUE                      | CUSIP: 179027YK7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    330000 | PA      | $334981.09    | 0.04%             | 2030-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Clackamas County Hospital Facility Authority                                     | CLACKAMAS CNTY OR HOSP FAC AUTH REVENUE                      | CUSIP: 179027YN1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $294882.54    | 0.04%             | 2055-11-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Oregon City School District No 62                                                | CLACKAMAS CNTY OR SCH DIST #62C OREGON CITY                  | CUSIP: 179162LS9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    950000 | PA      | $1033338.47   | 0.13%             | 2043-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Clemson University                                                               | CLEMSON SC UNIV UNIV REVENUES                                | CUSIP: 185630E63<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    195000 | PA      | $212257.13    | 0.03%             | 2043-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Clemson University                                                               | CLEMSON SC UNIV UNIV REVENUES                                | CUSIP: 185630E97<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    475000 | PA      | $505229.05    | 0.07%             | 2050-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Cleveland-Cuyahoga County Port Authority                                         | CLEVELAND-CUYAHOGA CNTY OH PORT AUTH CULTURAL FAC REVENUE    | CUSIP: 18610PAS7<br>LEI: 549300KI3FXFLUKF3A98 | Long             | DBT              | MUN               | US        |    545000 | PA      | $554556.90    | 0.07%             | 2028-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Development Authority of Cobb County/The                                         | COBB CNTY GA DEV AUTH EDUCTNL FACS REVENUE                   | CUSIP: 190782AP7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1160000 | PA      | $1196670.38   | 0.16%             | 2035-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Coconino County Unified School District No 1-Flagstaff/AZ                        | COCONINO CNTY AZ UNIF SCH DIST #1 FLAGSTAFF                  | CUSIP: 191810LE8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    105000 | PA      | $103350.23    | 0.01%             | 2044-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Colfax County School District No 58                                              | COLFAX CNTY NE SCH DIST #58                                  | CUSIP: 19406PCN2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1630000 | PA      | $1629311.65   | 0.21%             | 2045-12-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| College of Charleston                                                            | CLG OF CHARLESTON SC HGR EDU FAC REVENUE                     | CUSIP: 194208JA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3865000 | PA      | $3861165.53   | 0.50%             | 2045-04-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| College of Western Idaho                                                         | CLG OF WSTRN ID ANNUAL APPROP COPS                           | CUSIP: 194521BY5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    535000 | PA      | $521280.57    | 0.07%             | 2045-08-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| College of Western Idaho                                                         | CLG OF WSTRN ID ANNUAL APPROP COPS                           | CUSIP: 194521BZ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    565000 | PA      | $592873.88    | 0.08%             | 2050-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| College of Western Idaho                                                         | CLG OF WSTRN ID ANNUAL APPROP COPS                           | CUSIP: 194521CA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $488037.65    | 0.06%             | 2055-08-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Colorado Bridge Enterprise                                                       | COLORADO ST BRIDGE ENTERPRISE REVENUE                        | CUSIP: 19633SAN3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2760000 | PA      | $2784044.29   | 0.36%             | 2028-12-31      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                             | COLORADO ST HLTH FACS AUTH REVENUE                           | CUSIP: 19648FBP8<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |    350000 | PA      | $352371.15    | 0.05%             | 2026-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                             | COLORADO ST HLTH FACS AUTH REVENUE                           | CUSIP: 19648FBQ6<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |    400000 | PA      | $408497.08    | 0.05%             | 2027-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                             | COLORADO ST HLTH FACS AUTH REVENUE                           | CUSIP: 19648FLY8<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |    600000 | PA      | $596656.08    | 0.08%             | 2029-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Maryland Community Development Administration                                    | CMNTY DEV ADMIN MD MF DEV REVENUE                            | CUSIP: 20364NCJ4<br>LEI: 549300LCO2FLSSVFFR64 | Long             | DBT              | MUN               | US        |   1985000 | PA      | $1963664.23   | 0.26%             | 2044-02-01      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| State of Connecticut                                                             | CONNECTICUT ST                                               | CUSIP: 20772KG29<br>LEI: 549300PHW5BZHA7BEX81 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1117889.20   | 0.15%             | 2041-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Connecticut                                                             | CONNECTICUT ST                                               | CUSIP: 20772KVP1<br>LEI: 549300PHW5BZHA7BEX81 | Long             | DBT              | MUN               | US        |    750000 | PA      | $845615.48    | 0.11%             | 2039-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Connecticut State Higher Education Supplement Loan Authority                     | CONNECTICUT ST HGR EDU SUPPLEMENT LOAN AUTH REVENUE          | CUSIP: 207743XZ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2390000 | PA      | $2366407.83   | 0.31%             | 2040-11-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Connecticut State Higher Education Supplement Loan Authority                     | CONNECTICUT ST HGR EDU SUPPLEMENT LOAN AUTH REVENUE          | CUSIP: 207743YN9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    845000 | PA      | $883348.21    | 0.12%             | 2039-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Connecticut State Health & Educational Facilities Authority                      | CONNECTICUT ST HLTH & EDUCTNL FACS AUTH REVENUE              | CUSIP: 20774LRT4<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4000000.00   | 0.52%             | 2036-07-01      | Floating      | 3.50%                 | No            |                  2 | On Loan: No      |
| Connecticut State Health & Educational Facilities Authority                      | CONNECTICUT ST HLTH & EDUCTNL FACS AUTH REV                  | CUSIP: 20774YXK8<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |    545000 | PA      | $545020.49    | 0.07%             | 2041-07-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Connecticut Housing Finance Authority                                            | CONNECTICUT ST HSG FIN AUTH HSG MTGE FIN PROGRAM             | CUSIP: 20775HFF5<br>LEI: 5493003DXX0NRJKSH186 | Long             | DBT              | MUN               | US        |    625000 | PA      | $587230.63    | 0.08%             | 2027-11-15      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| Connecticut Housing Finance Authority                                            | CONNECTICUT ST HSG FIN AUTH HSG MTGE FIN PROGRAM             | CUSIP: 20775HFK4<br>LEI: 5493003DXX0NRJKSH186 | Long             | DBT              | MUN               | US        |   3815000 | PA      | $3448703.16   | 0.45%             | 2029-11-15      | Fixed         | 1.10%                 | No            |                  2 | On Loan: No      |
| Connecticut Housing Finance Authority                                            | CONNECTICUT ST HSG FIN AUTH HSG REVENUE                      | CUSIP: 20775QBA0<br>LEI: 5493003DXX0NRJKSH186 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2132086.80   | 0.28%             | 2041-10-01      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| City of Corpus Christi TX Utility System Revenue                                 | CORPUS CHRISTI TX UTILITY SYSREVENUE                         | CUSIP: 220245Y65<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2317352.25   | 0.30%             | 2048-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Crawford County Hospital Authority                                               | CRAWFORD CNTY PA HOSP AUTH                                   | CUSIP: 225004AP5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2660000 | PA      | $2673249.99   | 0.35%             | 2036-06-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Crawford County Hospital Authority                                               | CRAWFORD CNTY PA HOSP AUTH                                   | CUSIP: 225004AR1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4715000 | PA      | $4724479.51   | 0.62%             | 2051-06-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Town of Cromwell CT                                                              | CROMWELL CT                                                  | CUSIP: 227147QZ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    385000 | PA      | $387607.34    | 0.05%             | 2045-04-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Town of Cromwell CT                                                              | CROMWELL CT                                                  | CUSIP: 227147RA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2491398.75   | 0.32%             | 2050-04-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Town of Cromwell CT                                                              | CROMWELL CT                                                  | CUSIP: 227147RB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3360000 | PA      | $3366139.39   | 0.44%             | 2055-04-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Crothersville 2000 School Building Corp                                          | CROTHERSVILLE IN SCH BLDG CORP                               | CUSIP: 22774PDS8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $537102.40    | 0.07%             | 2041-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Crothersville 2000 School Building Corp                                          | CROTHERSVILLE IN SCH BLDG CORP                               | CUSIP: 22774PDU3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $316048.71    | 0.04%             | 2043-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Crothersville 2000 School Building Corp                                          | CROTHERSVILLE IN SCH BLDG CORP                               | CUSIP: 22774PDV1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $209572.68    | 0.03%             | 2044-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Cupertino Union School District                                                  | CUPERTINO CA UNION SCH DIST                                  | CUSIP: 231237T65<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1752649.95   | 0.23%             | 2043-08-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Town of Darien CT                                                                | DARIEN CT                                                    | CUSIP: 237217Y32<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    595000 | PA      | $618757.10    | 0.08%             | 2039-04-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| County of Darke OH                                                               | DARKE CNTY OH HOSP FACS REVENUE                              | CUSIP: 237242AR3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3455000 | PA      | $2867787.85   | 0.37%             | 2045-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Delaware State Housing Authority                                                 | DELAWARE ST HSG AUTH REVENUE                                 | CUSIP: 246395F36<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $201872.12    | 0.03%             | 2044-07-01      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| District of Columbia                                                             | DIST OF COLUMBIA REVENUE                                     | CUSIP: 25483VSC9<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |    360000 | PA      | $360419.80    | 0.05%             | 2027-07-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Douglas County Housing Authority/GA                                              | DOUGLAS CNTY GA HSG AUTH MF TAX EXEMPT BONDS                 | CUSIP: 259029AA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2845000 | PA      | $2888625.80   | 0.38%             | 2043-04-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Downtown Revitalization Public Infrastructure District                           | DOWNTOWN REVITALIZATION PUBLIC INFRASTRUCTURE DIST UT SALES  | CUSIP: 26118TBQ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $557504.90    | 0.07%             | 2042-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| DuPage County School District No 58 Downers Grove                                | DU PAGE CNTY IL SCH DIST #58 DOWNERS GROVE                   | CUSIP: 263165JU7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2765000 | PA      | $3091002.90   | 0.40%             | 2043-12-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| City of Durango CO Sales & Use Tax Revenue                                       | DURANGO CO SALES & USE TAX REVENUE                           | CUSIP: 266463FB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $220375.74    | 0.03%             | 2042-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Durango CO Sales & Use Tax Revenue                                       | DURANGO CO SALES & USE TAX REVENUE                           | CUSIP: 266463FC7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $436116.24    | 0.06%             | 2043-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Durango CO Sales & Use Tax Revenue                                       | DURANGO CO SALES & USE TAX REVENUE                           | CUSIP: 266463FD5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    450000 | PA      | $486501.08    | 0.06%             | 2044-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| East Jackson Community Schools                                                   | E JACKSON MI CMNTY SCHS                                      | CUSIP: 273182GC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    840000 | PA      | $904326.95    | 0.12%             | 2041-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| East Jackson Community Schools                                                   | E JACKSON MI CMNTY SCHS                                      | CUSIP: 273182GE9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $527969.10    | 0.07%             | 2043-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Town of East Longmeadow MA                                                       | EAST LONGMEADOW MA                                           | CUSIP: 273533UK3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1365000 | PA      | $1158516.59   | 0.15%             | 2042-11-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Eastern Michigan University                                                      | ESTRN MICHIGAN UNIV REVENUES                                 | CUSIP: 276731E77<br>LEI: 549300K3C21R17LKDU63 | Long             | DBT              | MUN               | US        |    745000 | PA      | $802405.68    | 0.10%             | 2041-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Eastern Michigan University                                                      | ESTRN MICHIGAN UNIV REVENUES                                 | CUSIP: 276731E85<br>LEI: 549300K3C21R17LKDU63 | Long             | DBT              | MUN               | US        |    770000 | PA      | $822357.38    | 0.11%             | 2042-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Eastern Michigan University                                                      | ESTRN MICHIGAN UNIV REVENUES                                 | CUSIP: 276731E93<br>LEI: 549300K3C21R17LKDU63 | Long             | DBT              | MUN               | US        |   1240000 | PA      | $1311036.87   | 0.17%             | 2043-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Eastern Michigan University                                                      | ESTRN MICHIGAN UNIV REVENUES                                 | CUSIP: 276731F27<br>LEI: 549300K3C21R17LKDU63 | Long             | DBT              | MUN               | US        |   1305000 | PA      | $1365521.59   | 0.18%             | 2044-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Eastern Michigan University                                                      | ESTRN MICHIGAN UNIV REVENUES                                 | CUSIP: 276731F43<br>LEI: 549300K3C21R17LKDU63 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2093898.00   | 0.27%             | 2050-03-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Effingham County Industrial Development Authority                                | EFFINGHAM CNTY GA INDL DEV AUTH REVENUE                      | CUSIP: 28209NCB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1004623.50   | 0.13%             | 2048-04-01      | Fixed         | 6.00%                 | 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        |    945000 | PA      | $1005516.29   | 0.13%             | 2047-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Evergreen Park & Recreation District                                             | EVERGREEN CO PARK & RECREATION DIST COPS                     | CUSIP: 300224AT9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    175000 | PA      | $175916.13    | 0.02%             | 2043-12-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Evergreen Park & Recreation District                                             | EVERGREEN CO PARK & RECREATION DIST COPS                     | CUSIP: 300224AU6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    220000 | PA      | $221528.96    | 0.03%             | 2044-12-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Multifamily ML Certificates                                          | FRETE 2017-ML01 TRUST                                        | CUSIP: 302611AA6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGSE             | US        |    414973 | PA      | $414962.91    | 0.05%             | 2033-01-25      | Floating      | 4.95%                 | No            |                  2 | On Loan: No      |
| Fairfax County Industrial Development Authority                                  | FAIRFAX CNTY VA INDL DEV AUTH REVENUE                        | CUSIP: 303823MW5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    395000 | PA      | $374748.63    | 0.05%             | 2048-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Town of Fairfield CT                                                             | FAIRFIELD CT                                                 | CUSIP: 304244CY0<br>LEI: 549300TQMV1DQO9ZZ076 | Long             | DBT              | MUN               | US        |    695000 | PA      | $711852.01    | 0.09%             | 2042-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Falls Church VA                                                          | FALLS CHURCH VA                                              | CUSIP: 306567SV1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1445000 | PA      | $1241344.59   | 0.16%             | 2042-07-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| City of Fayetteville NC Public Works Commission Revenue                          | FAYETTEVILLE NC PUBLIC WKS COMMISSION                        | CUSIP: 312805QD9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4250000 | PA      | $4115553.38   | 0.54%             | 2047-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fillmore County School District No 25                                            | FILLMORE CNTY NE SCH DIST #25                                | CUSIP: 317162BP9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1085000 | PA      | $1077238.56   | 0.14%             | 2045-06-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| County of Florence SC                                                            | FLORENCE CNTY SC SPL SOURCE REVENUE                          | CUSIP: 34015TAX6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2300000 | PA      | $2404323.86   | 0.31%             | 2053-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Fort Bend County Municipal Management District No 1                              | FORT BEND CNTY TX MUNI MANAGEMENT DIST #1                    | CUSIP: 34677MKF8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    130000 | PA      | $110304.95    | 0.01%             | 2049-09-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| City of Fort Smith AR Sales & Use Tax Revenue                                    | FORT SMITH AR SALES & USE TAX                                | CUSIP: 348761EU7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $543914.90    | 0.07%             | 2042-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Fort Smith AR Sales & Use Tax Revenue                                    | FORT SMITH AR SALES & USE TAX                                | CUSIP: 348761EV5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    245000 | PA      | $263450.39    | 0.03%             | 2043-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Union R-XI School District                                                       | FRANKLIN CNTY MO REORG SCH DIST #R-11 UNION                  | CUSIP: 353100KG4<br>LEI: 54930016ENWVHONV2E15 | Long             | DBT              | MUN               | US        |    765000 | PA      | $809146.70    | 0.11%             | 2043-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Franklin County Industrial Development Authority/PA                              | FRANKLIN CNTY PA INDL DEV AUTH REVENUE                       | CUSIP: 353273BS3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $506252.45    | 0.07%             | 2030-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Franklin County Industrial Development Authority/PA                              | FRANKLIN CNTY PA INDL DEV AUTH REVENUE                       | CUSIP: 353273CC7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    370000 | PA      | $363361.16    | 0.05%             | 2039-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Gadsden AL                                                               | GADSDEN AL                                                   | CUSIP: 362460WG8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    450000 | PA      | $489517.92    | 0.06%             | 2041-09-30      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Gadsden AL                                                               | GADSDEN AL                                                   | CUSIP: 362460WH6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $753546.57    | 0.10%             | 2042-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Gadsden AL                                                               | GADSDEN AL                                                   | CUSIP: 362460WM5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2594717.25   | 0.34%             | 2050-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Generation Park Management District                                              | GENERATION PARK TX MGMT DIST                                 | CUSIP: 37149ALY5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1930000 | PA      | $1674304.14   | 0.22%             | 2045-09-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Georgia Housing & Finance Authority                                              | GEORGIA ST HSG & FIN AUTH REVENUE                            | CUSIP: 37353PHH5<br>LEI: 549300I628IMF9PWV724 | Long             | DBT              | MUN               | US        |   2120000 | PA      | $1652369.55   | 0.22%             | 2041-12-01      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| Gilbert Community School District School Infrastructure Sales Services & Use Tax | GILBERT IA CMNTY SCH DIST SCHINFRASTRUCTURE SALES SVCS USE   | CUSIP: 375338BX7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $502524.15    | 0.07%             | 2040-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Gilbert Community School District School Infrastructure Sales Services & Use Tax | GILBERT IA CMNTY SCH DIST SCHINFRASTRUCTURE SALES SVCS USE   | CUSIP: 375338BY5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    885000 | PA      | $889869.54    | 0.12%             | 2041-06-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Glendale Industrial Development Authority                                        | GLENDALE AZ INDL DEV AUTH                                    | CUSIP: 378286JQ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    140000 | PA      | $139480.61    | 0.02%             | 2028-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Grand Forks ND                                                           | GRAND FORKS ND HLTH CARE SYS REVENUE                         | CUSIP: 38546WDR8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $1795588.50   | 0.23%             | 2051-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Grand Prairie Independent School District                                        | GRAND PRAIRIE TX INDEP SCH DIST                              | CUSIP: 386155CV5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1715000 | PA      | $1716298.43   | 0.22%             | 2031-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Grand Prairie Independent School District                                        | GRAND PRAIRIE TX INDEP SCH DIST                              | CUSIP: 386155CZ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2000735.20   | 0.26%             | 2035-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Grand Prairie Water Commission                                                   | GRAND PRAIRIE WTR COMMISSION IL WTR REVENUE                  | CUSIP: 386173AK4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    525000 | PA      | $555457.93    | 0.07%             | 2043-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Grand Prairie Water Commission                                                   | GRAND PRAIRIE WTR COMMISSION IL WTR REVENUE                  | CUSIP: 386173AM0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1110000 | PA      | $1157569.83   | 0.15%             | 2045-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Grand Rapids MI                                                          | GRAND RAPIDS MI                                              | CUSIP: 386226N42<br>LEI: 254900GF6XDJ7XO6OR24 | Long             | DBT              | MUN               | US        |    500000 | PA      | $537134.35    | 0.07%             | 2044-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Grand Rapids MI                                                          | GRAND RAPIDS MI                                              | CUSIP: 386226N59<br>LEI: 254900GF6XDJ7XO6OR24 | Long             | DBT              | MUN               | US        |    315000 | PA      | $337009.62    | 0.04%             | 2045-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Grayson County Junior College District/TX                                        | GRAYSON CNTY TX JNR CLG DIST                                 | CUSIP: 389712HP8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1890000 | PA      | $1760455.24   | 0.23%             | 2049-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Grosse Pointe Farms MI                                                   | GROSSE POINTE FARMS MI                                       | CUSIP: 399028FY0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $50455.95     | 0.01%             | 2042-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| County of Guilford NC                                                            | GUILFORD CNTY NC                                             | CUSIP: 401784X73<br>LEI: 549300OUKUGQGH8RCL96 | Long             | DBT              | MUN               | US        |   1615000 | PA      | $1609050.02   | 0.21%             | 2045-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Hamilton County & Chattanooga Sports Authority                                   | HAMILTON CNTY & CHATTANOOGA SPORTS AUTH TN PUB FAC REVENUE   | CUSIP: 407081AW8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1625000 | PA      | $1850212.16   | 0.24%             | 2055-12-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Hamilton Southeastern Consolidated School Building Corp                          | HAMILTON IN S ESTRN CONSOL SCH BLDG CORP                     | CUSIP: 40785KCA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    480000 | PA      | $522210.24    | 0.07%             | 2041-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Hamilton Southeastern Consolidated School Building Corp                          | HAMILTON IN S ESTRN CONSOL SCH BLDG CORP                     | CUSIP: 40785KCB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1545000 | PA      | $1645478.15   | 0.21%             | 2043-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Hamilton Southeastern Consolidated School Building Corp                          | HAMILTON IN S ESTRN CONSOL SCH BLDG CORP                     | CUSIP: 40785KCC4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    375000 | PA      | $394180.65    | 0.05%             | 2045-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Hancock County Redevelopment Authority                                           | HANCOCK CNTY IN REDEV AUTH REDEV DIST LEASE RENT             | CUSIP: 40985AAY8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    755000 | PA      | $722729.19    | 0.09%             | 2045-02-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Harris County Municipal Utility District No 55                                   | HARRIS CNTY TX MUNI UTILITY DIST #55                         | CUSIP: 414912XB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1350000 | PA      | $1138396.68   | 0.15%             | 2042-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Harris County Municipal Utility District No 165                                  | HARRIS CNTY TX MUNI UTILITY DIST #165                        | CUSIP: 4149624U1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2370000 | PA      | $2059873.41   | 0.27%             | 2044-03-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Metropolitan District/The                                                        | HARTFORD CNTY CT MET DIST                                    | CUSIP: 416489H62<br>LEI: 549300CEZQKAR15IFS62 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2038625.00   | 0.27%             | 2042-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan District/The                                                        | HARTFORD CNTY CT MET DIST                                    | CUSIP: 416489H70<br>LEI: 549300CEZQKAR15IFS62 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2038560.20   | 0.27%             | 2043-09-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Metropolitan District/The                                                        | HARTFORD CNTY CT MET DIST                                    | CUSIP: 416489H96<br>LEI: 549300CEZQKAR15IFS62 | Long             | DBT              | MUN               | US        |    175000 | PA      | $177671.88    | 0.02%             | 2045-09-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| State of Hawaii Airports System Revenue                                          | HAWAII ST ARPTS SYS REVENUE                                  | CUSIP: 419794K92<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1613956.65   | 0.21%             | 2041-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Hermosa Beach City School District                                               | HERMOSA BEACH CA CITY SCH DIST                               | CUSIP: 427632EW0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $160800.95    | 0.02%             | 2037-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Hermosa Beach City School District                                               | HERMOSA BEACH CA CITY SCH DIST                               | CUSIP: 427632EZ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    480000 | PA      | $255707.18    | 0.03%             | 2040-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Hermosa Beach City School District                                               | HERMOSA BEACH CA CITY SCH DIST                               | CUSIP: 427632FA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $249512.00    | 0.03%             | 2041-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Hermosa Beach City School District                                               | HERMOSA BEACH CA CITY SCH DIST                               | CUSIP: 427632FD1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $142042.18    | 0.02%             | 2044-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| City of Hot Springs AR Wastewater Revenue                                        | HOT SPRINGS AR WSTWTR REVENUE                                | CUSIP: 441178DS6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    690000 | PA      | $679227.51    | 0.09%             | 2045-12-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| City of Hot Springs AR Wastewater Revenue                                        | HOT SPRINGS AR WSTWTR REVENUE                                | CUSIP: 441178DT4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1405000 | PA      | $1378142.58   | 0.18%             | 2050-12-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| City of Houston TX Airport System Revenue                                        | HOUSTON TX ARPT SYS REVENUE                                  | CUSIP: 442349DH6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2545000 | PA      | $2596358.61   | 0.34%             | 2027-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Houston TX Airport System Revenue                                        | HOUSTON TX ARPT SYS REVENUE                                  | CUSIP: 442349GP5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1084690.00   | 0.14%             | 2038-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Houston TX Airport System Revenue                                        | HOUSTON TX ARPT SYS REVENUE                                  | CUSIP: 442349HW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3750000 | PA      | $4125333.38   | 0.54%             | 2036-07-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| County of Howard MD                                                              | HOWARD CNTY MD RETMNT CMNTY REVENUE                          | CUSIP: 442593BA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    345000 | PA      | $344769.13    | 0.04%             | 2026-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Howard MD                                                              | HOWARD CNTY MD RETMNT CMNTY REVENUE                          | CUSIP: 442593BB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1985000 | PA      | $1971510.93   | 0.26%             | 2036-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Huffman Independent School District                                              | HUFFMAN TX INDEP SCH DIST                                    | CUSIP: 444348B88<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1930000 | PA      | $2108088.05   | 0.27%             | 2043-02-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | ILLINOIS ST FIN AUTH REVENUE                                 | CUSIP: 45203HU34<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    370000 | PA      | $370114.55    | 0.05%             | 2027-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | ILLINOIS ST FIN AUTH REVENUE                                 | CUSIP: 45204FHM0<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   1090000 | PA      | $1085311.37   | 0.14%             | 2042-05-01      | Floating      | 3.92%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | ILLINOIS ST                                                  | CUSIP: 4521526L0<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   1980000 | PA      | $2121294.78   | 0.28%             | 2039-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | ILLINOIS ST                                                  | CUSIP: 4521526M8<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   1770000 | PA      | $1866549.25   | 0.24%             | 2045-05-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | ILLINOIS ST                                                  | CUSIP: 452153GN3<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1999643.40   | 0.26%             | 2037-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Indiana Housing & Community Development Authority                                | INDIANA ST HSG & CMNTY DEV AUTH SF MTGE REVENUE              | CUSIP: 45505TRY9<br>LEI: 549300QRKDYVNHT1OE86 | Long             | DBT              | MUN               | US        |   2300000 | PA      | $2300000.00   | 0.30%             | 2047-07-01      | Floating      | 4.00%                 | No            |                  2 | On Loan: No      |
| Inlivian                                                                         | INLIVIAN NC MF REVENUE                                       | CUSIP: 45753CAV9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1675000 | PA      | $1786263.72   | 0.23%             | 2043-02-01      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| IPS Multi-School Building Corp                                                   | IPS MULTI-SCH BLDG CORP IN                                   | CUSIP: 46263RVZ5<br>LEI: 549300BHLK1DUJUYPM91 | Long             | DBT              | MUN               | US        |   1175000 | PA      | $1248742.77   | 0.16%             | 2044-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Iredell NC                                                             | IREDELL CNTY NC LTD OBLIG                                    | CUSIP: 46267VBR2<br>LEI: 549300NE65QUOJ0ETV20 | Long             | DBT              | MUN               | US        |    135000 | PA      | $133041.69    | 0.02%             | 2044-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Town of Islip NY                                                                 | ISLIP NY                                                     | CUSIP: 464723LL7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1395000 | PA      | $1444893.71   | 0.19%             | 2041-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Town of Islip NY                                                                 | ISLIP NY                                                     | CUSIP: 464723LM5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    875000 | PA      | $902715.36    | 0.12%             | 2042-04-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Jefferson County Civic Facility Development Corp                                 | JEFFERSON CNTY NY CIVIC FAC DEV CORP                         | CUSIP: 47325RAJ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1375000 | PA      | $1383537.93   | 0.18%             | 2026-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Jefferson County Civic Facility Development Corp                                 | JEFFERSON CNTY NY CIVIC FAC DEV CORP                         | CUSIP: 47325RAK5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1440000 | PA      | $1457291.95   | 0.19%             | 2027-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Jefferson County Civic Facility Development Corp                                 | JEFFERSON CNTY NY CIVIC FAC DEV CORP                         | CUSIP: 47325RAM1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    505000 | PA      | $497561.55    | 0.06%             | 2029-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Jefferson County Civic Facility Development Corp                                 | JEFFERSON CNTY NY CIVIC FAC DEV CORP                         | CUSIP: 47325RAN9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1605000 | PA      | $1576152.37   | 0.21%             | 2030-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Johnson & Miami Counties Unified School District No 230 Spring Hills             | JOHNSON & MIAMI CNTYS KS UNIF SCH DIST #230                  | CUSIP: 478164KW5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1700000 | PA      | $2031089.45   | 0.26%             | 2040-09-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Juban Crossing Economic Development District                                     | JUBAN CROSSING ECON DEV DIST LA REVENUE                      | CUSIP: 48125RBM0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1710000 | PA      | $1636456.32   | 0.21%             | 2044-09-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Juban Crossing Economic Development District                                     | JUBAN CROSSING ECON DEV DIST LA REVENUE                      | CUSIP: 48125RCJ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1960000 | PA      | $1988316.12   | 0.26%             | 2049-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kalispel Tribe of Indians                                                        | KALISPEL TRIBE OF INDIANS PRIORITY DIST WA REVENUE           | CUSIP: 48340PAR3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1455000 | PA      | $1484168.09   | 0.19%             | 2032-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kalispel Tribe of Indians                                                        | KALISPEL TRIBE OF INDIANS PRIORITY DIST WA REVENUE           | CUSIP: 48340PAT9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1020046.80   | 0.13%             | 2032-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kansas Development Finance Authority                                             | KANSAS ST DEV FIN AUTH REVENUE                               | CUSIP: 48542RVH4<br>LEI: 549300WTL7BL8KBDPR87 | Long             | DBT              | MUN               | US        |   2315000 | PA      | $2140227.69   | 0.28%             | 2038-04-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| County of Kenosha WI                                                             | KENOSHA CNTY WI                                              | CUSIP: 4897827N6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    445000 | PA      | $415462.32    | 0.05%             | 2029-09-01      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| County of Kenosha WI                                                             | KENOSHA CNTY WI                                              | CUSIP: 4897827P1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    360000 | PA      | $327043.44    | 0.04%             | 2030-09-01      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| Kentfield School District                                                        | KENTFIELD CA SCH DIST                                        | CUSIP: 490818NN7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1330000 | PA      | $1292704.41   | 0.17%             | 2048-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| King County Housing Authority                                                    | KING CNTY WA HSG AUTH                                        | CUSIP: 494759TA1<br>LEI: 549300TZU8KSWALVD392 | Long             | DBT              | MUN               | US        |    445000 | PA      | $467384.66    | 0.06%             | 2040-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| King County Housing Authority                                                    | KING CNTY WA HSG AUTH                                        | CUSIP: 494759TB9<br>LEI: 549300TZU8KSWALVD392 | Long             | DBT              | MUN               | US        |    260000 | PA      | $273813.57    | 0.04%             | 2045-07-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Town of Knightdale NC                                                            | KNIGHTDALE NC LTD OBLIG                                      | CUSIP: 49906YAT4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $19809.29     | 0.00%             | 2043-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Lafourche Parish School Board                                                    | LAFOURCHE PARISH LA CONSOL SCH DIST #1                       | CUSIP: 507012ZE5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1040214.30   | 0.14%             | 2045-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lafourche Parish School Board                                                    | LAFOURCHE PARISH LA CONSOL SCH DIST #1                       | CUSIP: 507012ZF2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    550000 | PA      | $583872.63    | 0.08%             | 2042-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lancaster County Hospital Authority/PA                                           | LANCASTER CNTY PA HOSP AUTH                                  | CUSIP: 514045W41<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1950000 | PA      | $2013186.05   | 0.26%             | 2041-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Larkspur-Corte Madera School District                                            | LARKSPUR-CORTE MADERA CA SCH DIST                            | CUSIP: 51724TDB7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    650000 | PA      | $556875.61    | 0.07%             | 2033-08-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Lawton Industrial Development Authority                                          | LAWTON OK INDL DEV AUTH SALES TAX REVENUE                    | CUSIP: 521005AL2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $559079.70    | 0.07%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lawton Industrial Development Authority                                          | LAWTON OK INDL DEV AUTH SALES TAX REVENUE                    | CUSIP: 521005AM0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $554606.35    | 0.07%             | 2037-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Leander Independent School District                                              | LEANDER TX INDEP SCH DIST                                    | CUSIP: 521841R65<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7000000 | PA      | $8140793.50   | 1.06%             | 2036-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Little Rock School District                                                      | LITTLE ROCK AR SCH DIST                                      | CUSIP: 5374284Q4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2820000 | PA      | $2788571.95   | 0.36%             | 2043-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Long Beach Community College District                                            | LONG BEACH CA CMNTY CLG DIST                                 | CUSIP: 542411QU0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1379398.00   | 0.18%             | 2044-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Long Beach Community College District                                            | LONG BEACH CA CMNTY CLG DIST                                 | CUSIP: 542411QV8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1369292.00   | 0.18%             | 2045-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                       | LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE                    | CUSIP: 544445NQ8<br>LEI: 549300E7TO710PTXPJ65 | Long             | DBT              | MUN               | US        |   3080000 | PA      | $3245851.22   | 0.42%             | 2036-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Unified School District/CA                                           | LOS ANGELES CA UNIF SCH DIST                                 | CUSIP: 544647JH4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    895000 | PA      | $993704.99    | 0.13%             | 2043-07-01      | 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: 54466HNJ1<br>LEI: 54930051IHTXE1N9RB42 | Long             | DBT              | MUN               | US        |   1975000 | PA      | $2006604.94   | 0.26%             | 2027-07-01      | Fixed         | 4.73%                 | No            |                  2 | On Loan: No      |
| Loudoun County Economic Development Authority                                    | LOUDOUN CNTY VA ECONOMIC DEV AUTH PUBLIC FAC REVENUE         | CUSIP: 54602QGA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2370000 | PA      | $2398056.53   | 0.31%             | 2041-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Louisiana Housing Corp                                                           | LOUISIANA ST HSG CORP SF MTGE REVENUE                        | CUSIP: 54627DTV3<br>LEI: 549300VL35TBE7RSJH61 | Long             | DBT              | MUN               | US        |   3510000 | PA      | $3540409.24   | 0.46%             | 2045-12-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Louisiana Local Government Environmental Facilities & Community Development Auth | LOUISIANA ST LOCAL GOVT ENVRNMNTL FACS & CMNTY DEV AUTH REVE | CUSIP: 54628C2H4<br>LEI: 5493004WIZ1HV87IVF85 | Long             | DBT              | MUN               | US        |   2585000 | PA      | $2385056.45   | 0.31%             | 2044-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Louisiana Local Government Environmental Facilities & Community Development Auth | LOUISIANA ST LOCAL GOVT ENVRNMNTL FACS & CMNTY DEV AUTH REVE | CUSIP: 54628C2V3<br>LEI: 5493004WIZ1HV87IVF85 | Long             | DBT              | MUN               | US        |     85000 | PA      | $78721.69     | 0.01%             | 2049-12-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Louisiana Local Government Environmental Facilities & Community Development Auth | LOUISIANA ST LOCAL GOVT ENVRNMNTL FACS & CMNTY DEV AUTH REVE | CUSIP: 54628C2W1<br>LEI: 5493004WIZ1HV87IVF85 | Long             | DBT              | MUN               | US        |    725000 | PA      | $671213.12    | 0.09%             | 2054-12-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Louisiana Public Facilities Authority                                            | LOUISIANA ST PUBLIC FACS AUTHLEASE REVENUE                   | CUSIP: 54639TDL3<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |    700000 | PA      | $769489.21    | 0.10%             | 2040-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lower Colorado River Authority                                                   | LOWER COLORADO RIVER TX AUTH TRANSMISSION CONTRACT REVENUE   | CUSIP: 54811BZK0<br>LEI: 549300QJFPW2NNBYR215 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1121560.60   | 0.15%             | 2036-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Luzerne County Industrial Development Authority                                  | LUZERNE CNTY PA INDL DEV AUTH                                | CUSIP: 550728AF6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2750000 | PA      | $2533459.78   | 0.33%             | 2039-12-01      | Floating      | 2.45%                 | No            |                  2 | On Loan: No      |
| City of Lynchburg VA                                                             | LYNCHBURG VA                                                 | CUSIP: 55127LAW5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1245000 | PA      | $995542.46    | 0.13%             | 2040-08-01      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| Mabank Independent School District                                               | MABANK TX INDEP SCH DIST                                     | CUSIP: 554086PR3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2655000 | PA      | $2465143.61   | 0.32%             | 2049-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas Inc                                                      | MAIN STREET NATURAL GAS INC GA GAS SUPPLY REVENUE            | CUSIP: 56035DFT4<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2131353.20   | 0.28%             | 2054-05-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Maine State Housing Authority                                                    | MAINE ST HSG AUTH MTGE PURCHASE                              | CUSIP: 56052FHZ1<br>LEI: 549300SO05LH6D240016 | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3500000.00   | 0.46%             | 2052-11-15      | Floating      | 4.10%                 | No            |                  2 | On Loan: No      |
| Maine State Housing Authority                                                    | MAINE ST HSG AUTH MTGE PURCHASE                              | CUSIP: 56052FJB2<br>LEI: 549300SO05LH6D240016 | Long             | DBT              | MUN               | US        |   9020000 | PA      | $9020000.00   | 1.17%             | 2050-11-15      | Floating      | 4.15%                 | No            |                  2 | On Loan: No      |
| Maine State Housing Authority                                                    | MAINE ST HSG AUTH MTGE PURCHASE                              | CUSIP: 56052FT54<br>LEI: 549300SO05LH6D240016 | Long             | DBT              | MUN               | US        |    900000 | PA      | $899992.53    | 0.12%             | 2045-11-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Mandan Public School District No 1                                               | MANDAN ND PUBLIC SCH DIST #1                                 | CUSIP: 562578PN8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $590856.00    | 0.08%             | 2033-08-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Maricopa County & Phoenix Industrial Development Authorities                     | MARICOPA CNTY & PHOENIX AZ INDL DEV AUTHORITIES MTGE REVENUE | CUSIP: 566736GN8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1005000 | PA      | $1026400.07   | 0.13%             | 2044-09-01      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| Maricopa County & Phoenix Industrial Development Authorities                     | MARICOPA CNTY & PHOENIX AZ INDL DEV AUTHORITIES MTGE REVENUE | CUSIP: 566736HR8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    790000 | PA      | $806008.56    | 0.10%             | 2044-09-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Maricopa County Industrial Development Authority                                 | MARICOPA CNTY AZ INDL DEV AUTH EDU REVENUE                   | CUSIP: 56681NJD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1050103.50   | 0.14%             | 2029-10-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| Maricopa County Industrial Development Authority                                 | MARICOPA CNTY AZ INDL DEV AUTH                               | CUSIP: 56682HCQ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1220000 | PA      | $1141702.84   | 0.15%             | 2044-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Maricopa County Industrial Development Authority                                 | MARICOPA CNTY AZ INDL DEV AUTH                               | CUSIP: 56682HCX5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2865000 | PA      | $2620468.24   | 0.34%             | 2048-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Maricopa County Elementary School District No 6 Washington                       | MARICOPA CNTY AZ SCH DIST #6 WASHINGTON ELEM                 | CUSIP: 567031VK2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $553333.95    | 0.07%             | 2040-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Marin Community College District                                                 | MARIN CA CMNTY CLG DIST                                      | CUSIP: 56781RLC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1267938.60   | 0.17%             | 2034-08-01      | Fixed         | 2.14%                 | No            |                  2 | On Loan: No      |
| State of Maryland                                                                | MARYLAND ST                                                  | CUSIP: 574193PS1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     80000 | PA      | $80111.24     | 0.01%             | 2031-08-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Maryland Department of Housing & Community Development                           | MARYLAND CMNTY DEV ADMIN HSG & CMNTY DEV                     | CUSIP: 57419UCE6<br>LEI: 549300Q5BSL77YR7NP93 | Long             | DBT              | MUN               | US        |    285000 | PA      | $289115.23    | 0.04%             | 2044-09-01      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| Maryland Department of Housing & Community Development                           | MARYLAND CMNTY DEV ADMIN HSG & CMNTY DEV                     | CUSIP: 57419UKC1<br>LEI: 549300Q5BSL77YR7NP93 | Long             | DBT              | MUN               | US        |   3410000 | PA      | $3467158.76   | 0.45%             | 2044-07-01      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| State of Maryland Department of Transportation                                   | MARYLAND ST DEPT OF TRANSPRTN CONSOL TRANSPRTN               | CUSIP: 574204N90<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    470000 | PA      | $446148.58    | 0.06%             | 2033-10-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Maryland Health & Higher Educational Facilities Authority                        | MARYLAND ST HLTH & HGR EDUCTNL FACS AUTH REVENUE             | CUSIP: 57421CGV0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    670000 | PA      | $709270.17    | 0.09%             | 2043-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maryland Health & Higher Educational Facilities Authority                        | MARYLAND ST HLTH & HGR EDUCTNL FACS AUTH REVENUE             | CUSIP: 57421CGW8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $24314.60     | 0.00%             | 2044-10-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Mason County School District No 402 Pioneer                                      | MASON CNTY WA SCH DIST #402 PIONEER                          | CUSIP: 575180DX9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    190000 | PA      | $213780.40    | 0.03%             | 2038-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Mason Building Authority                                                         | MASON MI BLDG AUTH INGHAM CNTY                               | CUSIP: 575238BZ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3430000 | PA      | $3298128.51   | 0.43%             | 2050-10-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                         | MASSACHUSETTS ST DEV FIN AGY REVENUE                         | CUSIP: 57584Y5M7<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   2110000 | PA      | $2007029.47   | 0.26%             | 2046-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                         | MASSACHUSETTS ST DEV FIN AGY REVENUE                         | CUSIP: 57584YMF3<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |    750000 | PA      | $773371.58    | 0.10%             | 2028-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                         | MASSACHUSETTS ST DEV FIN AGY REVENUE                         | CUSIP: 57584YVR7<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   3095000 | PA      | $3138730.80   | 0.41%             | 2059-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Mattawan Consolidated School District/MI                                         | MATTAWAN MI CONSOL SCH DIST                                  | CUSIP: 577056LL6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1100000 | PA      | $955489.26    | 0.12%             | 2032-05-01      | Fixed         | 1.97%                 | No            |                  2 | On Loan: No      |
| Mcintosh County Educational Facilities Authority                                 | MCINTOSH CNTY OK EDUCTNL FACS AUTH EDUCTNL FACS LEASE REVENU | CUSIP: 581191BC6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    770000 | PA      | $812736.69    | 0.11%             | 2039-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Mecklenburg NC                                                         | MECKLENBURG CNTY NC                                          | CUSIP: 584002YA1<br>LEI: 5493006G3IC5PBHB7A65 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1714179.40   | 0.22%             | 2036-03-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Memphis-Shelby County Airport Authority                                          | MEMPHIS-SHELBY CNTY TN ARPT AUTH ARPT REVENUE                | CUSIP: 586111MY9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1995000 | PA      | $2051541.89   | 0.27%             | 2035-07-01      | 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        |   2145000 | PA      | $2044139.10   | 0.27%             | 2053-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Mesa AZ Utility System Revenue                                           | MESA AZ UTILITY SYS REVENUE                                  | CUSIP: 590545TZ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1030000 | PA      | $1030308.90   | 0.13%             | 2037-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Government Nashville & Davidson County Health & Educational Facs Bd | MET GOVT NASHVILLE & DAVIDSON CNTY TN HLTH & EDUCTNL FAC BRD | CUSIP: 592029BP6<br>LEI: 549300GW8FVQJ3DU6O10 | Long             | DBT              | MUN               | US        |   1960000 | PA      | $1774618.69   | 0.23%             | 2051-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Government of Nashville & Davidson County TN                        | MET GOVT NASHVILLE & DAVIDSON CNTY TN                        | CUSIP: 592112XX9<br>LEI: 549300GW8FVQJ3DU6O10 | Long             | DBT              | MUN               | US        |   1075000 | PA      | $1048773.66   | 0.14%             | 2044-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Government of Nashville & Davidson County TN                        | MET GOVT NASHVILLE & DAVIDSON CNTY TN                        | CUSIP: 592112XY7<br>LEI: 549300GW8FVQJ3DU6O10 | Long             | DBT              | MUN               | US        |   2980000 | PA      | $2883911.09   | 0.38%             | 2045-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Government Nashville & Davidson County Health & Educational Facs Bd | MET GOVT NASHVILLE & DAVIDSON CNTY TN HLTH & EDUCTNL FAC BRD | CUSIP: 592114AF9<br>LEI: 549300GW8FVQJ3DU6O10 | Long             | DBT              | MUN               | US        |    585000 | PA      | $621318.91    | 0.08%             | 2044-07-01      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| Metropolitan Washington Airports Authority Aviation Revenue                      | MET WASHINGTON DC ARPTS AUTH ARPT SYS REVENUE                | CUSIP: 592647LW9<br>LEI: 7HERAVJJLN8J1DZ6AZ19 | Long             | DBT              | MUN               | US        |   1600000 | PA      | $1727273.44   | 0.22%             | 2038-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                                       | MICHIGAN ST FIN AUTH LTD OBLIG REVENUE                       | CUSIP: 594479EN3<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |    830000 | PA      | $853535.31    | 0.11%             | 2033-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                                       | MICHIGAN ST FIN AUTH REVENUE                                 | CUSIP: 59447TMQ3<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1843902.00   | 0.24%             | 2046-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                                       | MICHIGAN ST FIN AUTH REVENUE                                 | CUSIP: 59447TVD2<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   6165000 | PA      | $5581301.50   | 0.73%             | 2047-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                                       | MICHIGAN ST FIN AUTH REVENUE                                 | CUSIP: 59447TXH1<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2687070.90   | 0.35%             | 2049-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Michigan State Housing Development Authority                                     | MICHIGAN ST HSG DEV AUTH SF MTGE REVENUE                     | CUSIP: 594654C52<br>LEI: 549300NSWW1HVXE93T03 | Long             | DBT              | MUN               | US        |   2415000 | PA      | $2466339.28   | 0.32%             | 2040-12-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Michigan State Housing Development Authority                                     | MICHIGAN ST HSG DEV AUTH SF MTGE REVENUE                     | CUSIP: 594654ZQ1<br>LEI: 549300NSWW1HVXE93T03 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2009341.80   | 0.26%             | 2044-12-01      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| Michigan State Housing Development Authority                                     | MICHIGAN ST HSG DEV AUTH SF MTGE REVENUE                     | CUSIP: 594654ZR9<br>LEI: 549300NSWW1HVXE93T03 | Long             | DBT              | MUN               | US        |    700000 | PA      | $688779.00    | 0.09%             | 2049-12-01      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| Mida Mountain Village Public Infrastructure District                             | MIDA MOUNTAIN VLG PUBLIC INFRASTRUCTURE DIST UT TAX ALLOCATI | CUSIP: 59561UAB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2048984.20   | 0.27%             | 2039-06-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Missouri Joint Municipal Electric Utility Commission                             | MISSOURI JT MUNI ELEC UTILITY COMMISSION PWR SUPPLY SYS REV  | CUSIP: 606094DQ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1116100.90   | 0.15%             | 2039-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Health & Educational Facilities Authority of the State of Missouri               | MISSOURI ST HLTH & EDUCTNL FACS AUTH                         | CUSIP: 60635H3A5<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |    310000 | PA      | $307415.81    | 0.04%             | 2035-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Health & Educational Facilities Authority of the State of Missouri               | MISSOURI ST HLTH & EDUCTNL FACS AUTH HLTH FACS REVENUE       | CUSIP: 60637AMG4<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |   3100000 | PA      | $2801357.78   | 0.36%             | 2047-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Health & Educational Facilities Authority of the State of Missouri               | MISSOURI ST HLTH & EDUCTNL FACS AUTH HLTH FACS REVENUE       | CUSIP: 60637AMK5<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |   2640000 | PA      | $2361937.78   | 0.31%             | 2049-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Missouri Housing Development Commission                                          | MISSOURI ST HSG DEV COMMISSION SF MTGE REVENUE               | CUSIP: 60637BXP0<br>LEI: 5493007FBL7WCV3NKY25 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1207808.85   | 0.16%             | 2040-11-01      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| Montgomery County Industrial Development Authority/PA                            | MONTGOMERY CNTY PA INDL DEV AUTH                             | CUSIP: 613609G42<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1890000 | PA      | $1900633.33   | 0.25%             | 2033-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Montgomery County Industrial Development Authority/PA                            | MONTGOMERY CNTY PA INDL DEV AUTH                             | CUSIP: 613609J31<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $202038.72    | 0.03%             | 2030-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Montgomery County Industrial Development Authority/PA                            | MONTGOMERY CNTY PA INDL DEV AUTH                             | CUSIP: 613609J49<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $151494.81    | 0.02%             | 2031-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Montgomery County Industrial Development Authority/PA                            | MONTGOMERY CNTY PA INDL DEV AUTH                             | CUSIP: 613609J56<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $201644.38    | 0.03%             | 2032-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Montgomery County Industrial Development Authority/PA                            | MONTGOMERY CNTY PA INDL DEV AUTH                             | CUSIP: 613609J64<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $100602.87    | 0.01%             | 2033-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Montgomery County Industrial Development Authority/PA                            | MONTGOMERY CNTY PA INDL DEV AUTH                             | CUSIP: 613609J72<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $200651.60    | 0.03%             | 2034-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Montgomery County Industrial Development Authority/PA                            | MONTGOMERY CNTY PA INDL DEV AUTH                             | CUSIP: 613609J80<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $350320.67    | 0.05%             | 2035-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Montgomery County Industrial Development Authority/PA                            | MONTGOMERY CNTY PA INDL DEV AUTH                             | CUSIP: 613609J98<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $347724.27    | 0.05%             | 2036-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Montgomery County Industrial Development Authority/PA                            | MONTGOMERY CNTY PA INDL DEV AUTH                             | CUSIP: 613609K39<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $390674.84    | 0.05%             | 2038-12-01      | Fixed         | 4.00%                 | 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        |   1775000 | PA      | $1796810.67   | 0.23%             | 2042-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Mount Horeb Area School District/WI                                              | MOUNT HOREB WI AREA SCH DIST                                 | CUSIP: 621638LZ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2260000 | PA      | $2266125.05   | 0.30%             | 2042-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Mountain View School District/Los Angeles County                                 | MOUNTAIN VIEW CA SCH DIST LOS ANGELES CNTY                   | CUSIP: 624403LJ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1075332.10   | 0.14%             | 2049-08-01      | 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      | $1911546.70   | 0.25%             | 2050-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| County of Nassau NY                                                              | NASSAU CNTY NY                                               | CUSIP: 63165TY74<br>LEI: 549300ICRCGQYCPS7T40 | Long             | DBT              | MUN               | US        |   2250000 | PA      | $2194615.58   | 0.29%             | 2044-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH REVENUE                                 | CUSIP: 63607YAE0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    920000 | PA      | $924732.20    | 0.12%             | 2039-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH REVENUE                                 | CUSIP: 63607YAG5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1725000 | PA      | $1726180.07   | 0.22%             | 2054-07-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH REVENUE                                 | CUSIP: 63607YAJ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5500000 | PA      | $4565855.80   | 0.59%             | 2045-07-01      | Floating      | 3.75%                 | No            |                  2 | On Loan: No      |
| Navajo County Unified School District No 27 Kayenta                              | NAVAJO CNTY AZ UNIF SCH DIST #27 KAYENTA IMPACT AID REV      | CUSIP: 639147AD9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    490000 | PA      | $542469.10    | 0.07%             | 2044-07-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Nebraska Investment Finance Authority                                            | NEBRASKA ST INVESTMENT FIN AUTH SF HSG REVENUE               | CUSIP: 63968M5Q8<br>LEI: 549300OIIXIM3SRZWK33 | Long             | DBT              | MUN               | US        |     80000 | PA      | $81205.41     | 0.01%             | 2044-09-01      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| Nebraska Investment Finance Authority                                            | NEBRASKA ST INVESTMENT FIN AUTH SF HSG REVENUE               | CUSIP: 63968M7G8<br>LEI: 549300OIIXIM3SRZWK33 | Long             | DBT              | MUN               | US        |    315000 | PA      | $320282.52    | 0.04%             | 2049-09-01      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| Nebraska Investment Finance Authority                                            | NEBRASKA ST INVESTMENT FIN AUTH SF HSG REVENUE               | CUSIP: 63968M7S2<br>LEI: 549300OIIXIM3SRZWK33 | Long             | DBT              | MUN               | US        |   1860000 | PA      | $1889643.56   | 0.25%             | 2044-09-01      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| Nevada Housing Division                                                          | NEVADA ST HSG DIV SF MTGE REVENUE                            | CUSIP: 641279ZK3<br>LEI: 549300RE377OK3CTT852 | Long             | DBT              | MUN               | US        |    500000 | PA      | $500439.20    | 0.07%             | 2049-10-01      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| New Hope Cultural Education Facilities Finance Corp                              | NEW HOPE CULTURAL ED FACS FIN CORP TX RETIREMENT FAC REVENUE | CUSIP: 64542UDM3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1040000 | PA      | $1041741.38   | 0.14%             | 2026-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hope Cultural Education Facilities Finance Corp                              | NEW HOPE CULTURAL ED FACS FIN CORP TX RETIREMENT FAC REVENUE | CUSIP: 64542UDN1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1095000 | PA      | $1110376.43   | 0.14%             | 2027-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hope Cultural Education Facilities Finance Corp                              | NEW HOPE CULTURAL ED FACS FIN CORP TX RETIREMENT FAC REVENUE | CUSIP: 64542UDQ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1205000 | PA      | $1222446.71   | 0.16%             | 2029-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hope Cultural Education Facilities Finance Corp                              | NEW HOPE CULTURAL ED FACS FIN CORP TX RETIREMENT FAC REVENUE | CUSIP: 64542UDR2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    630000 | PA      | $639317.76    | 0.08%             | 2030-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hope Cultural Education Facilities Finance Corp                              | NEW HOPE CULTURAL ED FACS FIN CORP TX RETIREMENT FAC REVENUE | CUSIP: 64542UHH0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1280000 | PA      | $1286472.58   | 0.17%             | 2030-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                        | NEW JERSEY ST ECON DEV AUTH                                  | CUSIP: 645779CD9<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2488643.75   | 0.32%             | 2059-04-01      | Floating      | 2.45%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                        | NEW JERSEY ST ECON DEV AUTH SPL FAC REVENUE                  | CUSIP: 64578CBW0<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |    215000 | PA      | $215003.12    | 0.03%             | 2030-11-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| New Jersey Health Care Facilities Financing Authority                            | NEW JERSEY ST HLTH CARE FACS FING AUTH REVENUE               | CUSIP: 645790RU2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    470000 | PA      | $473272.94    | 0.06%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                        | NEW JERSEY ST ECON DEV AUTH REVENUE                          | CUSIP: 645918Z97<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |    185000 | PA      | $185350.37    | 0.02%             | 2031-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Mexico Mortgage Finance Authority                                            | NEW MEXICO ST MTGE FIN AUTH                                  | CUSIP: 647201KN1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1090000 | PA      | $839801.18    | 0.11%             | 2050-07-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| New Mexico Hospital Equipment Loan Council                                       | NEW MEXICO ST HOSP EQUIPMENT LOAN COUNCIL 1ST MTGE REVENUE   | CUSIP: 647377AK6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    285000 | PA      | $286432.72    | 0.04%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Mexico Hospital Equipment Loan Council                                       | NEW MEXICO ST HOSP EQUIPMENT LOAN COUNCIL 1ST MTGE REVENUE   | CUSIP: 647377AL4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    195000 | PA      | $195366.68    | 0.03%             | 2034-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Mexico Hospital Equipment Loan Council                                       | NEW MEXICO ST HOSP EQUIPMENT LOAN COUNCIL 1ST MTGE REVENUE   | CUSIP: 647377AM2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2450000 | PA      | $2421632.68   | 0.32%             | 2039-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Mexico Hospital Equipment Loan Council                                       | NEW MEXICO ST HOSP EQUIPMENT LOAN COUNCIL 1ST MTGE REVENUE   | CUSIP: 647377AN0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3020000 | PA      | $2697023.08   | 0.35%             | 2049-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Mexico Hospital Equipment Loan Council                                       | NEW MEXICO ST HOSP EQUIPMENT LOAN COUNCIL 1ST MTGE REVENUE   | CUSIP: 647377AU4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    430000 | PA      | $434643.44    | 0.06%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                              | NEW YORK NY                                                  | CUSIP: 64966SRM0<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3742075.75   | 0.49%             | 2051-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New York City Housing Development Corp                                           | NEW YORK CITY NY HSG DEV CORP MF HSG REVENUE                 | CUSIP: 64972ELB3<br>LEI: 549300SQWVHKBRF8D702 | Long             | DBT              | MUN               | US        |   2975000 | PA      | $2515929.54   | 0.33%             | 2039-11-01      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| New York City Municipal Water Finance Authority                                  | NEW YORK CITY NY MUNI WTR FIN AUTH WTR & SWR SYS REVENUE     | CUSIP: 64972F2J4<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |   1700000 | PA      | $1700000.00   | 0.22%             | 2044-06-15      | Floating      | 3.90%                 | No            |                  2 | On Loan: No      |
| New York City Municipal Water Finance Authority                                  | NEW YORK CITY NY MUNI WTR FIN AUTH WTR & SWR SYS REVENUE     | CUSIP: 64972GC85<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2500000.00   | 0.33%             | 2053-06-15      | Floating      | 3.90%                 | No            |                  2 | On Loan: No      |
| New York City Municipal Water Finance Authority                                  | NEW YORK CITY NY MUNI WTR FIN AUTH WTR & SWR SYS REVENUE     | CUSIP: 64972GDC5<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2000000.00   | 0.26%             | 2043-06-15      | Floating      | 3.90%                 | No            |                  2 | On Loan: No      |
| New York City Municipal Water Finance Authority                                  | NEW YORK CITY NY MUNI WTR FIN AUTH WTR & SWR SYS REVENUE     | CUSIP: 64972GH72<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |   2495000 | PA      | $2662952.92   | 0.35%             | 2047-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New York City Municipal Water Finance Authority                                  | NEW YORK CITY NY MUNI WTR FIN AUTH WTR & SWR SYS REVENUE     | CUSIP: 64972GZW7<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |   2600000 | PA      | $2600000.00   | 0.34%             | 2033-06-15      | Floating      | 3.90%                 | No            |                  2 | On Loan: No      |
| New York State Environmental Facilities Corp                                     | NEW YORK ST ENVRNMNTL FACS CORP SOL WST DISP REVENUE         | CUSIP: 649852AQ3<br>LEI: 549300QJ33JJW73OQO60 | Long             | DBT              | MUN               | US        |   1175000 | PA      | $1126982.10   | 0.15%             | 2044-12-01      | Floating      | 2.88%                 | No            |                  2 | On Loan: No      |
| New York State Housing Finance Agency                                            | NEW YORK ST HSG FIN AGY                                      | CUSIP: 64987D6K5<br>LEI: 5493000LS7KCDB02O506 | Long             | DBT              | MUN               | US        |   5120000 | PA      | $5120000.00   | 0.67%             | 2055-11-01      | Floating      | 4.15%                 | No            |                  2 | On Loan: No      |
| New York State Housing Finance Agency                                            | NEW YORK ST HSG FIN AGY                                      | CUSIP: 64987DUC6<br>LEI: 5493000LS7KCDB02O506 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4000000.00   | 0.52%             | 2045-11-01      | Floating      | 4.15%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | NEW YORK ST DORM AUTH REVENUES NON ST SUPPORTED DEBT         | CUSIP: 65000B8L5<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   1125000 | PA      | $1228564.80   | 0.16%             | 2039-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                         | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE               | CUSIP: 650116BY1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1999704.60   | 0.26%             | 2032-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                         | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE               | CUSIP: 650116CN4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5111632.00   | 0.67%             | 2034-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                         | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE               | CUSIP: 650116GN0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1385000 | PA      | $1529680.56   | 0.20%             | 2035-04-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Norfolk Redevelopment & Housing Authority                                        | NORFOLK VA REDEV & HSG AUTH REVENUE                          | CUSIP: 655909CJ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1090000 | PA      | $1082015.21   | 0.14%             | 2029-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| North Dakota Housing Finance Agency                                              | NORTH DAKOTA ST HSG FIN AGY                                  | CUSIP: 6589093H7<br>LEI: 549300DVQAGW0B16JX70 | Long             | DBT              | MUN               | US        |   2200000 | PA      | $2242186.76   | 0.29%             | 2043-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| North Lawrence Community Schools Building Corp                                   | N LAWRENCE IN CMNTY SCHS BLDGCORP                            | CUSIP: 66042RFG1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    420000 | PA      | $465067.68    | 0.06%             | 2037-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Lawrence Community Schools Building Corp                                   | N LAWRENCE IN CMNTY SCHS BLDGCORP                            | CUSIP: 66042RFH9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $439515.80    | 0.06%             | 2038-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of North Platte NE                                                          | NORTH PLATTE NE                                              | CUSIP: 661615WN0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    275000 | PA      | $278596.62    | 0.04%             | 2041-12-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Norwalk Housing Authority                                                        | NORWALK CT HSG AUTH MF HSG TAXEXEMPT BONDS                   | CUSIP: 668866AA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1820000 | PA      | $1857143.29   | 0.24%             | 2042-09-01      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| County of Ohio WV Special District Excise Tax Revenue                            | OHIO CNTY WV CNTY COMMISSION SPL DIST EXCISE TAX REVENUE     | CUSIP: 67732PDU9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    335000 | PA      | $335019.16    | 0.04%             | 2031-03-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| County of Oklahoma OK                                                            | OKLAHOMA CNTY OK                                             | CUSIP: 678688LS9<br>LEI: 549300D7PJYDAPA3JL50 | Long             | DBT              | MUN               | US        |   1970000 | PA      | $1928155.82   | 0.25%             | 2044-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Oklahoma Development Finance Authority                                           | OKLAHOMA DEV FIN AUTH LEASE REVENUE                          | CUSIP: 67884GVD3<br>LEI: 549300PXGPHUWC32DJ91 | Long             | DBT              | MUN               | US        |   1035000 | PA      | $1011070.70   | 0.13%             | 2043-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Oklahoma Turnpike Authority                                                      | OKLAHOMA ST TURNPIKE AUTH                                    | CUSIP: 679111D27<br>LEI: 549300J83EP2PBDYH615 | Long             | DBT              | MUN               | US        |   4165000 | PA      | $4445892.60   | 0.58%             | 2053-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Oklahoma Water Resources Board                                                   | OKLAHOMA ST WTR RES BRD ST LOAN PROGRAM REVENUE              | CUSIP: 67920Q5K0<br>LEI: 5493007CUNXW5UX11C71 | Long             | DBT              | MUN               | US        |   2910000 | PA      | $2844558.76   | 0.37%             | 2044-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Omaha NE Riverfront Redevelopment Special Tax Revenue                    | OMAHA NE SPL TAX REVENUE                                     | CUSIP: 68189PLN2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1875000 | PA      | $1730562.19   | 0.23%             | 2054-04-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Oneida Indian Nation of New York                                                 | ONEIDA INDIAN NATION NY TAX REVENUE                          | CUSIP: 682504AA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3255000 | PA      | $3306077.13   | 0.43%             | 2034-09-01      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| State of Oregon                                                                  | OREGON ST                                                    | CUSIP: 68609UTY1<br>LEI: 549300R5SUGZRD8KP359 | Long             | DBT              | MUN               | US        |   1805000 | PA      | $1864759.76   | 0.24%             | 2050-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Oroville CA                                                              | OROVILLE CA REVENUE                                          | CUSIP: 687241AH2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1705000 | PA      | $1398344.33   | 0.18%             | 2031-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Oroville CA                                                              | OROVILLE CA REVENUE                                          | CUSIP: 687241AJ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1700000 | PA      | $1360167.45   | 0.18%             | 2034-04-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Oxford City Board of Education                                                   | OXFORD AL BRD EDU SCH TAX WARRANTS                           | CUSIP: 691397CH4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1480000 | PA      | $1354192.60   | 0.18%             | 2050-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Palm Beach County Health Facilities Authority                                    | PALM BEACH CNTY FL HLTH FACS AUTH REVENUE                    | CUSIP: 696507TX0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    255000 | PA      | $255081.35    | 0.03%             | 2028-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Palm Beach County Health Facilities Authority                                    | PALM BEACH CNTY FL HLTH FACS AUTH REVENUE                    | CUSIP: 696507TY8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $300099.93    | 0.04%             | 2030-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Palm Beach County Health Facilities Authority                                    | PALM BEACH CNTY FL HLTH FACS AUTH REVENUE                    | CUSIP: 696507UF7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    775000 | PA      | $783881.58    | 0.10%             | 2031-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Palm Beach County Health Facilities Authority                                    | PALM BEACH CNTY FL HLTH FACS AUTH REVENUE                    | CUSIP: 696507UG5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    650000 | PA      | $657044.96    | 0.09%             | 2032-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Housing Finance Agency                                              | PENNSYLVANIA ST HSG FIN AGY SF MTGE REVENUE                  | CUSIP: 70879QUY7<br>LEI: 549300JZVUPNWP77SP29 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2017089.80   | 0.26%             | 2044-10-01      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Pennsylvania                                                     | PENNSYLVANIA ST COPS                                         | CUSIP: 709144PA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2160000 | PA      | $2211964.20   | 0.29%             | 2043-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Higher Educational Facilities Authority                             | PENNSYLVANIA ST HGR EDUCTNL FACS AUTH REVENUE                | CUSIP: 70917TSY8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1750000.00   | 0.23%             | 2061-11-01      | Floating      | 4.05%                 | No            |                  2 | On Loan: No      |
| City of Philadelphia PA Airport Revenue                                          | PHILADELPHIA PA ARPT REVENUE                                 | CUSIP: 717817UL2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2990000 | PA      | $3013747.78   | 0.39%             | 2042-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Industrial Development Authority of the City of Phoenix Arizona/The              | PHOENIX AZ INDL DEV AUTH STUDENT HSG REVENUE                 | CUSIP: 71885DCW0<br>LEI: 549300A62PWFBDWB8332 | Long             | DBT              | MUN               | US        |    310000 | PA      | $319594.35    | 0.04%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Industrial Development Authority of the City of Phoenix Arizona/The              | PHOENIX AZ INDL DEV AUTH STUDENT HSG REVENUE                 | CUSIP: 71885DEB4<br>LEI: 549300A62PWFBDWB8332 | Long             | DBT              | MUN               | US        |   1235000 | PA      | $1260991.69   | 0.16%             | 2037-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pinellas County Educational Facilities Authority                                 | PINELLAS CNTY FL EDUCTNL FACS AUTH                           | CUSIP: 723161GY5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    310000 | PA      | $311153.45    | 0.04%             | 2028-12-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Pinellas County Educational Facilities Authority                                 | PINELLAS CNTY FL EDUCTNL FACS AUTH                           | CUSIP: 723161GZ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2690000 | PA      | $2723238.45   | 0.35%             | 2038-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pleasanton Unified School District                                               | PLEASANTON CA UNIF SCH DIST                                  | CUSIP: 728835M97<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1160000 | PA      | $1370034.36   | 0.18%             | 2038-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pleasanton Unified School District                                               | PLEASANTON CA UNIF SCH DIST                                  | CUSIP: 728835N21<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1385000 | PA      | $1621171.31   | 0.21%             | 2039-08-01      | 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        |    855000 | PA      | $867830.22    | 0.11%             | 2046-08-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| City of Pontiac MI                                                               | PONTIAC MI                                                   | CUSIP: 732521LE7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    390000 | PA      | $410090.93    | 0.05%             | 2045-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port of Seattle WA                                                               | PORT OF SEATTLE WA REVENUE                                   | CUSIP: 735389D88<br>LEI: 549300T9UCDUJ3GZL429 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3045285.90   | 0.40%             | 2037-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port of Seattle WA                                                               | PORT OF SEATTLE WA REVENUE                                   | CUSIP: 735389E46<br>LEI: 549300T9UCDUJ3GZL429 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4667235.00   | 0.61%             | 2043-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Port of Seattle WA                                                               | PORT OF SEATTLE WA REVENUE                                   | CUSIP: 735389ZZ4<br>LEI: 549300T9UCDUJ3GZL429 | Long             | DBT              | MUN               | US        |   2100000 | PA      | $2131700.13   | 0.28%             | 2037-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Portage Community School District/WI                                             | PORTAGE WI CMNTY SCH DIST                                    | CUSIP: 736036EA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $215991.94    | 0.03%             | 2041-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Portage Community School District/WI                                             | PORTAGE WI CMNTY SCH DIST                                    | CUSIP: 736036ED2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $241493.30    | 0.03%             | 2044-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| County of Prince George's MD                                                     | PRINCE GEORGES CNTY MD                                       | CUSIP: 741702DQ4<br>LEI: 549300NSQ1W50I0VU811 | Long             | DBT              | MUN               | US        |    330000 | PA      | $366677.78    | 0.05%             | 2042-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI STUDENT HSG REVENUE                       | CUSIP: 74439YCT6<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   2560000 | PA      | $2651678.72   | 0.35%             | 2034-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI STUDENT HSG REVENUE                       | CUSIP: 74439YCU3<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1595000 | PA      | $1620406.60   | 0.21%             | 2039-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI EDU REVENUE                               | CUSIP: 74442EEF3<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    140000 | PA      | $138050.57    | 0.02%             | 2039-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI EDU REVENUE                               | CUSIP: 74442EEG1<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    260000 | PA      | $239434.08    | 0.03%             | 2049-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI EDU REVENUE                               | CUSIP: 74442EMQ0<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1150000 | PA      | $1144734.15   | 0.15%             | 2045-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI REVENUE                                   | CUSIP: 74442PZR9<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |     50000 | PA      | $54630.05     | 0.01%             | 2050-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI REVENUE                                   | CUSIP: 74442PZU2<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    795000 | PA      | $796439.11    | 0.10%             | 2040-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI REVENUE                                   | CUSIP: 74442PZV0<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1060000 | PA      | $984996.10    | 0.13%             | 2050-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI EXEMPT FACS REVENUE                       | CUSIP: 74443QAC6<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000215.50   | 0.13%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI RETMNT FAC REVENUE                        | CUSIP: 74444VAQ3<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1540000 | PA      | $1551130.97   | 0.20%             | 2039-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI SOL WST DISP REVENUE                      | CUSIP: 74445MAC3<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   6500000 | PA      | $6392069.45   | 0.83%             | 2029-07-01      | Floating      | 1.10%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI TOLL REVENUE                              | CUSIP: 74448UAA6<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2757800.00   | 0.36%             | 2060-06-30      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                                      | PUERTO RICO CMWLTH                                           | CUSIP: 74514L3R6<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |    489168 | PA      | $353452.69    | 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: 74526Q2M3<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |   1110000 | PA      | $1118911.30   | 0.15%             | 2029-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526Q2P6<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |    530000 | PA      | $534710.32    | 0.07%             | 2030-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526Q2V3<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |    100000 | PA      | $101025.15    | 0.01%             | 2034-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526QLV2<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |    280000 | PA      | $281052.83    | 0.04%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Raindance Metropolitan District No 2                                             | RAINDANCE MET DIST NO 2 CO                                   | CUSIP: 75087FAQ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    870000 | PA      | $834217.16    | 0.11%             | 2044-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Rampart Range Metropolitan District No 1                                         | RAMPART RANGE CO MET DIST #1 LIMITED TAX SUPPORTED & SPL REV | CUSIP: 75157TAT6<br>LEI: 549300YG458KQEHMQF33 | Long             | DBT              | MUN               | US        |    750000 | PA      | $784000.20    | 0.10%             | 2050-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Rampart Range Metropolitan District No 1                                         | RAMPART RANGE CO MET DIST #1 LIMITED TAX SUPPORTED & SPL REV | CUSIP: 75157TAZ2<br>LEI: 549300YG458KQEHMQF33 | Long             | DBT              | MUN               | US        |    385000 | PA      | $398884.64    | 0.05%             | 2045-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Richland-Bean Blossom 2000 School Building Corp                                  | RICHLAND BEAN BLOSSOM IN 2000SCH BLDG CORP                   | CUSIP: 763499EG1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1275000 | PA      | $1351375.18   | 0.18%             | 2043-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Richland SC                                                            | RICHLAND CNTY SC                                             | CUSIP: 7636315H7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1142157.30   | 0.15%             | 2039-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Richmond VA                                                              | RICHMOND VA                                                  | CUSIP: 76541VWL7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $207740.98    | 0.03%             | 2036-07-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Rio Elementary School District Community Facilities District                     | RIO CA ELEM SCH DIST CMNTY FACS DIST SPL TAX                 | CUSIP: 767027EG6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1307563.95   | 0.17%             | 2032-09-01      | Fixed         | 2.46%                 | No            |                  2 | On Loan: No      |
| Riverside Community College District                                             | RIVERSIDE CA CMNTY CLG DIST                                  | CUSIP: 76886PKU6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    260000 | PA      | $259548.59    | 0.03%             | 2044-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Roanoke Economic Development Authority                                           | ROANOKE VA ECON DEV AUTH HOSPREVENUE                         | CUSIP: 770082BB0<br>LEI: 549300P5QQORJY0U4T83 | Long             | DBT              | MUN               | US        |   3750000 | PA      | $3750000.00   | 0.49%             | 2052-07-01      | Floating      | 3.95%                 | No            |                  2 | On Loan: No      |
| St Charles County Francis Howell R-III School District                           | SAINT CHARLES CNTY MO FRANCIS HOWELL R-III SCH DIST          | CUSIP: 7876425T0<br>LEI: 549300N738JKL2CGSO59 | Long             | DBT              | MUN               | US        |   2410000 | PA      | $2365524.41   | 0.31%             | 2040-03-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| St Clair County School District No 118 Belleville                                | SAINT CLAIR CNTY IL SCH DIST #118 BELLEVILLE                 | CUSIP: 788448JZ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1525000 | PA      | $1706292.61   | 0.22%             | 2039-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| St Louis County Industrial Development Authority                                 | SAINT LOUIS CNTY MO INDL DEV AUTH SENIOR LIVING FACS         | CUSIP: 791524BW0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    215000 | PA      | $214893.27    | 0.03%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| St Louis County Industrial Development Authority                                 | SAINT LOUIS CNTY MO INDL DEV AUTH SENIOR LIVING FACS         | CUSIP: 791524CK5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1930000 | PA      | $1973118.52   | 0.26%             | 2027-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| St Louis Land Clearance for Redevelopment Authority                              | SAINT LOUIS MO LAND CLEARANCEREDEV AUTH SPL REVENUE          | CUSIP: 79165YAB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $503389.90    | 0.07%             | 2035-10-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Sales Tax Securitization Corp                                                    | SALES TAX SECURITIZATION CORP IL                             | CUSIP: 79467BCX1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4242574.00   | 0.55%             | 2037-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Salinas Union High School District                                               | SALINAS CA UNION HIGH SCH DIST                               | CUSIP: 794896GQ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1102658.50   | 0.14%             | 2044-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Salinas Union High School District                                               | SALINAS CA UNION HIGH SCH DIST                               | CUSIP: 794896HC7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1335000 | PA      | $1505576.96   | 0.20%             | 2042-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Salt Lake City UT Airport Revenue                                        | SALT LAKE CITY UT ARPT REVENUE                               | CUSIP: 795576FY8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2055000 | PA      | $2062775.09   | 0.27%             | 2047-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Antonio Water System                                                         | SAN ANTONIO TX WTR REVENUE                                   | CUSIP: 79642GQR6<br>LEI: 549300S7VENCVRZAA322 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2000000.00   | 0.26%             | 2054-05-01      | Floating      | 3.95%                 | No            |                  2 | On Loan: No      |
| San Bernardino County Redevelopment Agency Successor Agency                      | SAN BERNARDINO CNTY CA REDEV AGY SUCCESSOR AGY TAX ALLOCATIO | CUSIP: 79687DAL9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $498253.45    | 0.06%             | 2026-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of San Clemente CA                                                          | SAN CLEMENTE CA SPL TAX                                      | CUSIP: 797214DG5<br>LEI: 254900UTAMSIX5XRDK86 | Long             | DBT              | MUN               | US        |   1035000 | PA      | $1180975.26   | 0.15%             | 2040-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of San Clemente CA                                                          | SAN CLEMENTE CA SPL TAX                                      | CUSIP: 797214DL4<br>LEI: 254900UTAMSIX5XRDK86 | Long             | DBT              | MUN               | US        |   2225000 | PA      | $2433774.42   | 0.32%             | 2044-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Diego Unified School District/CA                                             | SAN DIEGO CA UNIF SCH DIST                                   | CUSIP: 797356SM5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1419573.63   | 0.18%             | 2042-07-01      | 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        |    750000 | PA      | $840407.78    | 0.11%             | 2043-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Diego Unified School District/CA                                             | SAN DIEGO CA UNIF SCH DIST                                   | CUSIP: 797356TF9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1520000 | PA      | $1703226.42   | 0.22%             | 2043-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Diego Unified School District/CA                                             | SAN DIEGO CA UNIF SCH DIST                                   | CUSIP: 797356TJ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1270000 | PA      | $1384556.67   | 0.18%             | 2046-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Diego County Regional Airport Authority                                      | SAN DIEGO CNTY CA REGL ARPT AUTH AIRPORT REVENUE             | CUSIP: 79739GRD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4500000 | PA      | $5022198.90   | 0.65%             | 2038-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| San Francisco City & County Airport Comm-San Francisco International Airport     | SAN FRANCISCO CALIF CITY &CNTY ARPTS COMMN INTL ARPT REV     | CUSIP: 79766DMA4<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5102204.00   | 0.66%             | 2044-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Francisco City & County Airport Comm-San Francisco International Airport     | SAN FRANCISCO CALIF CITY &CNTY ARPTS COMMN INTL ARPT REV     | CUSIP: 79766DWU9<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4313878.80   | 0.56%             | 2042-05-01      | Fixed         | 5.25%                 | 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        |    190000 | PA      | $183443.50    | 0.02%             | 2053-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Sanford NC Utility Systems Revenue                                       | SANFORD NC ENTERPRISE SYS REVENUE                            | CUSIP: 800618EF3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    550000 | PA      | $541272.60    | 0.07%             | 2044-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Sanford NC Utility Systems Revenue                                       | SANFORD NC ENTERPRISE SYS REVENUE                            | CUSIP: 800618EG1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    545000 | PA      | $532865.08    | 0.07%             | 2045-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Santa Fe NM                                                              | SANTA FE NM RETMNT FAC REVENUE                               | CUSIP: 802170AM2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1195000 | PA      | $1226151.02   | 0.16%             | 2034-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Santa Fe NM                                                              | SANTA FE NM RETMNT FAC REVENUE                               | CUSIP: 802170AN0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    480000 | PA      | $482733.41    | 0.06%             | 2039-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Santa Monica-Malibu Unified School District                                      | SANTA MONICA-MALIBU CA UNIF SCH DIST                         | CUSIP: 802498F26<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1720000 | PA      | $1896437.08   | 0.25%             | 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: 802498F83<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1350000 | PA      | $1349566.52   | 0.18%             | 2052-08-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Gretna Public Schools                                                            | SARPY CNTY NE SCH DIST #37                                   | CUSIP: 803770XB7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1420000 | PA      | $1422928.47   | 0.19%             | 2027-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Shreveport LA                                                            | SHREVEPORT LA                                                | CUSIP: 8254347E7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    565000 | PA      | $610606.12    | 0.08%             | 2042-03-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Sierra Vista Industrial Development Authority                                    | SIERRA VISTA AZ INDL DEV AUTH AUTH ED FAC REV                | CUSIP: 82652UAV4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1446478.05   | 0.19%             | 2044-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Town of Snowmass Village CO                                                      | SNOWMAS VLG CO COPS                                          | CUSIP: 83343GBJ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1390756.92   | 0.18%             | 2055-12-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Town of Snowmass Village CO                                                      | SNOWMAS VLG CO COPS                                          | CUSIP: 83343GBK1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    790000 | PA      | $805678.34    | 0.10%             | 2040-12-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs-Economic Development Authority                               | SOUTH CAROLINA ST JOBS-ECON DEV AUTH ECON DEV REVENUE        | CUSIP: 837031H63<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |   2480000 | PA      | $2539963.18   | 0.33%             | 2062-03-01      | Floating      | 4.00%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs-Economic Development Authority                               | SOUTH CAROLINA ST JOBS-ECON DEV AUTH ECON DEV REVENUE        | CUSIP: 837031YV9<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |    625000 | PA      | $628446.44    | 0.08%             | 2034-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs-Economic Development Authority                               | SOUTH CAROLINA ST JOBS-ECON DEV AUTH RSDL FACS REVENUE       | CUSIP: 83704CAR9<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |   1675000 | PA      | $1693974.23   | 0.22%             | 2028-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs-Economic Development Authority                               | SOUTH CAROLINA ST JOBS-ECON DEV AUTH RSDL FACS REVENUE       | CUSIP: 83704CAS7<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1011677.00   | 0.13%             | 2029-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs-Economic Development Authority                               | SOUTH CAROLINA ST JOBS-ECON DEV AUTH HLTHCARE REVENUE        | CUSIP: 83704HAF4<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |    450000 | PA      | $480445.92    | 0.06%             | 2032-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs-Economic Development Authority                               | SOUTH CAROLINA ST JOBS-ECON DEV AUTH HLTHCARE REVENUE        | CUSIP: 83704HAG2<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |    400000 | PA      | $426795.92    | 0.06%             | 2033-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs-Economic Development Authority                               | SOUTH CAROLINA ST JOBS-ECON DEV AUTH HLTHCARE REVENUE        | CUSIP: 83704HAJ6<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |    375000 | PA      | $397285.84    | 0.05%             | 2035-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs-Economic Development Authority                               | SOUTH CAROLINA ST JOBS-ECON DEV AUTH EDUCTNL FACS LEASE REV  | CUSIP: 83704JAV5<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |    895000 | PA      | $923375.44    | 0.12%             | 2050-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs-Economic Development Authority                               | SOUTH CAROLINA ST JOBS-ECON DEV AUTH EDUCTNL FACS REVENUE    | CUSIP: 83704MFE1<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |   2095000 | PA      | $2328287.68   | 0.30%             | 2039-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Carolina State Housing Finance & Development Authority                     | SOUTH CAROLINA ST HSG FIN & DEV AUTH MTGE REVENUE            | CUSIP: 83712D6H4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3370000 | PA      | $3360683.30   | 0.44%             | 2049-07-01      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| South Carolina Public Service Authority                                          | SOUTH CAROLINA ST PUBLIC SVC AUTH REVENUE                    | CUSIP: 8371515J4<br>LEI: EMBXY64GWKA9MZGFUD26 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1656038.10   | 0.22%             | 2039-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Carolina Public Service Authority                                          | SOUTH CAROLINA ST PUBLIC SVC AUTH REVENUE                    | CUSIP: 8371515L9<br>LEI: EMBXY64GWKA9MZGFUD26 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1083720.60   | 0.14%             | 2041-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Carolina Public Service Authority                                          | SOUTH CAROLINA ST PUBLIC SVC AUTH REVENUE                    | CUSIP: 837151S67<br>LEI: EMBXY64GWKA9MZGFUD26 | Long             | DBT              | MUN               | US        |   1870000 | PA      | $2136496.88   | 0.28%             | 2033-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| South Carolina Public Service Authority                                          | SOUTH CAROLINA ST PUBLIC SVC AUTH REVENUE                    | CUSIP: 837151S75<br>LEI: EMBXY64GWKA9MZGFUD26 | Long             | DBT              | MUN               | US        |   1940000 | PA      | $2203756.58   | 0.29%             | 2034-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| South Village Community Development District                                     | S VLG FL CDD CAPITAL IMPT REVENUE                            | CUSIP: 84060HAN3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     95000 | PA      | $94466.10     | 0.01%             | 2027-05-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| South Village Community Development District                                     | S VLG FL CDD CAPITAL IMPT REVENUE                            | CUSIP: 84060HAR4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     60000 | PA      | $60110.49     | 0.01%             | 2026-05-01      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| General Authority of Southcentral Pennsylvania                                   | SOUTHCENTRL PA GEN AUTH REVENUE                              | CUSIP: 84129NKH1<br>LEI: 549300QBNU5LBV4QX812 | Long             | DBT              | MUN               | US        |   1550000 | PA      | $1551783.43   | 0.20%             | 2028-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southeast Energy Authority A Cooperative District                                | SOUTHEAST ENERGY AUTHORITY A COOPERATIVE                     | CUSIP: 84136HBC6<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |    500000 | PA      | $535676.30    | 0.07%             | 2056-01-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Southeast Energy Authority A Cooperative District                                | SOUTHEAST ENERGY AUTHORITY A COOPERATIVE                     | CUSIP: 84136HCF8<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1346115.63   | 0.18%             | 2055-05-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Southwestern Pennsylvania Water Authority                                        | S WSTRN PENNSYLVANIA ST WTR AUTH WTR REVENUE                 | CUSIP: 845709CL6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    450000 | PA      | $450007.34    | 0.06%             | 2032-09-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Spartanburg Regional Health Services District                                    | SPARTANBURG SC REGL HLTH SVCS DIST INC HOSP REVENUE          | CUSIP: 847113CG0<br>LEI: 549300CVHLQ72HQF3340 | Long             | DBT              | MUN               | US        |   3080000 | PA      | $2941165.30   | 0.38%             | 2043-04-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Spring Lake Public Schools                                                       | SPRING LAKE MI PUBLIC SCHS                                   | CUSIP: 849765JA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $564360.65    | 0.07%             | 2039-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Stafford VA Water & Wastewater System Revenue                          | STAFFORD CNTY VA WTR & WSTWTR REVENUE                        | CUSIP: 85244AAW4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1125000 | PA      | $1196281.01   | 0.16%             | 2050-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Storey County School District                                                    | STOREY CNTY NV SCH DIST                                      | CUSIP: 862166EX9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    365000 | PA      | $364365.52    | 0.05%             | 2044-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Suffolk County Economic Development Corp                                         | SUFFOLK CNTY NY ECON DEV CORPREVENUE                         | CUSIP: 86476RDH4<br>LEI: 5493003FN78GO4R0BJ89 | Long             | DBT              | MUN               | US        |    500000 | PA      | $512260.75    | 0.07%             | 2029-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Suffolk VA                                                               | SUFFOLK VA                                                   | CUSIP: 86481AGD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1630000 | PA      | $1677534.71   | 0.22%             | 2041-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Suffolk VA                                                               | SUFFOLK VA                                                   | CUSIP: 86481AGE8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    590000 | PA      | $601495.50    | 0.08%             | 2042-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Sumner WA Water & Sewer Revenue                                          | SUMNER WA WTR & SWR REVENUE                                  | CUSIP: 866465JM0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    235000 | PA      | $268258.85    | 0.03%             | 2037-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Sumner WA Water & Sewer Revenue                                          | SUMNER WA WTR & SWR REVENUE                                  | CUSIP: 866465JN8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    160000 | PA      | $180025.60    | 0.02%             | 2038-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Sumner WA Water & Sewer Revenue                                          | SUMNER WA WTR & SWR REVENUE                                  | CUSIP: 866465JP3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     85000 | PA      | $94785.97     | 0.01%             | 2039-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Sumner WA Water & Sewer Revenue                                          | SUMNER WA WTR & SWR REVENUE                                  | CUSIP: 866465JQ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    120000 | PA      | $132727.86    | 0.02%             | 2040-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Sumner WA Water & Sewer Revenue                                          | SUMNER WA WTR & SWR REVENUE                                  | CUSIP: 866465JR9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $164187.02    | 0.02%             | 2041-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Sumner WA Water & Sewer Revenue                                          | SUMNER WA WTR & SWR REVENUE                                  | CUSIP: 866465JS7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    215000 | PA      | $232947.02    | 0.03%             | 2042-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Sumner WA Water & Sewer Revenue                                          | SUMNER WA WTR & SWR REVENUE                                  | CUSIP: 866465JT5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    140000 | PA      | $150272.96    | 0.02%             | 2043-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Sumner WA Water & Sewer Revenue                                          | SUMNER WA WTR & SWR REVENUE                                  | CUSIP: 866465JV0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    220000 | PA      | $233446.25    | 0.03%             | 2045-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Sumner WA Water & Sewer Revenue                                          | SUMNER WA WTR & SWR REVENUE                                  | CUSIP: 866465JZ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    650000 | PA      | $685012.71    | 0.09%             | 2049-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tarrant County Cultural Education Facilities Finance Corp                        | TARRANT CNTY TX CULTURAL EDU FACS FIN CORP RETMNT FAC REVENU | CUSIP: 87638RKH9<br>LEI: 549300ROY505NVTMMI25 | Long             | DBT              | MUN               | US        |   4650000 | PA      | $4237515.71   | 0.55%             | 2055-11-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Town of Telluride CO                                                             | TELLURIDE CO COPS                                            | CUSIP: 879676CC6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $372291.22    | 0.05%             | 2045-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Municipal Gas Acquisition and Supply Corp II                               | TEXAS ST MUNI GAS ACQUISITION & SPLY CORP II GAS SPLY REVENU | CUSIP: 88255QBH1<br>LEI: 8E22IH4TQD26WYDGHB25 | Long             | DBT              | MUN               | US        |    740000 | PA      | $740707.51    | 0.10%             | 2027-09-15      | Floating      | 3.53%                 | No            |                  2 | On Loan: No      |
| Texas Municipal Gas Acquisition and Supply Corp I                                | TEXAS ST MUNI GAS ACQUISITION & SPLY CORP I GAS SPLY REVENUE | CUSIP: 88256CAW9<br>LEI: 6AZ7FRSNC3ZFPM0Z8L86 | Long             | DBT              | MUN               | US        |   1675000 | PA      | $1678056.71   | 0.22%             | 2026-12-15      | Floating      | 3.58%                 | No            |                  2 | On Loan: No      |
| Texas Private Activity Bond Surface Transportation Corp                          | TEXAS ST PRIV ACTIVITY BOND SURFACE TRANSPRTN CORP REVENUE   | CUSIP: 882667AT5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3193410.30   | 0.42%             | 2034-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Tech University System                                                     | TEXAS ST TECH UNIV REVENUES                                  | CUSIP: 882806KL5<br>LEI: 549300SPM8LGJKCQO195 | Long             | DBT              | MUN               | US        |   3740000 | PA      | $3658442.19   | 0.48%             | 2043-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Thrall Independent School District/TX                                            | THRALL TX INDEP SCH DIST                                     | CUSIP: 885528KG3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4150000 | PA      | $4429587.16   | 0.58%             | 2054-02-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                             | TRIBOROUGH NY BRIDGE & TUNNEL AUTH REVENUES                  | CUSIP: 89602RLG8<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |   1150000 | PA      | $1150000.00   | 0.15%             | 2033-01-01      | Floating      | 4.00%                 | No            |                  2 | On Loan: No      |
| Troy Capital Resource Corp                                                       | TROY NY CAPITAL RESOURCE CORP REVENUE                        | CUSIP: 897579BY3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1234552.75   | 0.16%             | 2040-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Tulsa County Industrial Authority                                                | TULSA CNTY OK INDL AUTH SENIOR LIVING CMNTY REVENUE          | CUSIP: 899530AS8<br>LEI: 549300WEYXBXLGN1E271 | Long             | DBT              | MUN               | US        |    540000 | PA      | $549545.69    | 0.07%             | 2028-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tulsa County Industrial Authority                                                | TULSA CNTY OK INDL AUTH SENIOR LIVING CMNTY REVENUE          | CUSIP: 899530AT6<br>LEI: 549300WEYXBXLGN1E271 | Long             | DBT              | MUN               | US        |    400000 | PA      | $407356.56    | 0.05%             | 2029-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Umatilla County School District No 8R Hermiston                                  | UMATILLA CNTY OR SCH DIST #8 R HERMISTON                     | CUSIP: 904121PL8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2565000 | PA      | $1161735.18   | 0.15%             | 2043-06-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| University of Alabama/The                                                        | UNIV OF ALABAMA AL GEN FEE REVENUE                           | CUSIP: 914025HG9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1280000 | PA      | $1158478.21   | 0.15%             | 2038-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| University of Alabama/The                                                        | UNIV OF ALABAMA AL UNIV GEN REVENUE                          | CUSIP: 914026WT2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2115000 | PA      | $2092055.63   | 0.27%             | 2043-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| University of Alabama/The                                                        | UNIV OF ALABAMA AL UNIV GEN REVENUE                          | CUSIP: 914026XE4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     90000 | PA      | $82631.30     | 0.01%             | 2054-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| University of California                                                         | UNIV OF CALIFORNIA CA REVENUES                               | CUSIP: 91412HFG3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1150000 | PA      | $1130287.62   | 0.15%             | 2029-07-01      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| University of Delaware                                                           | UNIV OF DELAWARE DE REVENUE                                  | CUSIP: 91425MAZ0<br>LEI: KPIOJCFMR70NWLS6O145 | Long             | DBT              | MUN               | US        |   1645000 | PA      | $1645000.00   | 0.21%             | 2035-11-01      | Floating      | 4.00%                 | No            |                  2 | On Loan: No      |
| University of Idaho                                                              | UNIV OF IDAHO ID REVENUES                                    | CUSIP: 9143184X5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    205000 | PA      | $235009.70    | 0.03%             | 2033-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of Idaho                                                              | UNIV OF IDAHO ID REVENUES                                    | CUSIP: 9143185K2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    295000 | PA      | $325820.98    | 0.04%             | 2045-04-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Utah Housing Corp                                                                | UTAH ST HSG CORP MF REVENUE                                  | CUSIP: 917434DH2<br>LEI: 549300YXWQEI0S47WI02 | Long             | DBT              | MUN               | US        |   1580000 | PA      | $1623335.13   | 0.21%             | 2045-02-01      | Fixed         | 4.69%                 | No            |                  2 | On Loan: No      |
| Town of Vail CO                                                                  | VAIL CO COPS                                                 | CUSIP: 91878DAW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1607015.85   | 0.21%             | 2055-12-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Vancouver Housing Authority                                                      | VANCOUVER WA HSG AUTH MF REVENUE                             | CUSIP: 92162PAF2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2043690.20   | 0.27%             | 2042-10-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Vermont Economic Development Authority                                           | VERMONT ST ECON DEV AUTH MTGEREVENUE                         | CUSIP: 92415TBL5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    585000 | PA      | $587294.08    | 0.08%             | 2026-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Vermont Educational & Health Buildings Financing Agency                          | VERMONT ST EDUCTNL & HLTH BLDGS FING AGY REVENUE             | CUSIP: 924166LU3<br>LEI: 549300ZC1ZW1EUIIV708 | Long             | DBT              | MUN               | US        |   1900000 | PA      | $2093048.17   | 0.27%             | 2039-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Vermont Educational & Health Buildings Financing Agency                          | VERMONT ST EDUCTNL & HLTH BLDGS FING AGY REVENUE             | CUSIP: 924166LV1<br>LEI: 549300ZC1ZW1EUIIV708 | Long             | DBT              | MUN               | US        |   1470000 | PA      | $1606931.53   | 0.21%             | 2040-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Virginia Beach VA Storm Water Utility Revenue                            | VIRGINIA BEACH VA STORM WTR UTILITY REVENUE                  | CUSIP: 927747GL3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2295000 | PA      | $2272507.16   | 0.30%             | 2044-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Virginia Beach VA Storm Water Utility Revenue                            | VIRGINIA BEACH VA STORM WTR UTILITY REVENUE                  | CUSIP: 927747GR0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2150000 | PA      | $2079369.28   | 0.27%             | 2049-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Virginia Beach Development Authority                                             | VIRGINIA BEACH VA DEV AUTH RSDL CARE FAC REVENUE             | CUSIP: 92774NBD1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2015355.40   | 0.26%             | 2030-09-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Virginia College Building Authority                                              | VIRGINIA CLG BLDG AUTH EDUCTNL FACS REVENUE                  | CUSIP: 92778FLY7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    390000 | PA      | $416897.21    | 0.05%             | 2050-06-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Virginia Commonwealth University Health System Authority                         | VIRGINIA ST CMWLTH UNIV HLTH SYS AUTH REVENUE                | CUSIP: 92778LDN7<br>LEI: 07ROV40HIZGU2Q6OXJ58 | Long             | DBT              | MUN               | US        |   4220000 | PA      | $3925872.33   | 0.51%             | 2054-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Virginia Port Authority                                                          | VIRGINIA ST PORT AUTH PORT FAC REVENUE                       | CUSIP: 928077LA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3749009.95   | 0.49%             | 2050-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Virginia Small Business Financing Authority                                      | VIRGINIA ST SMALL BUSINESS FING AUTH HLTHCARE FACS REVENUE   | CUSIP: 928105BZ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1220000 | PA      | $1112384.90   | 0.14%             | 2049-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Virginia                                                         | VIRGINIA ST                                                  | CUSIP: 928110DB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    930000 | PA      | $966040.29    | 0.13%             | 2041-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Virginia Housing Development Authority                                           | VIRGINIA ST HSG DEV AUTH CMWLTH MTGE                         | CUSIP: 92812UU48<br>LEI: 549300LW3QBOVLQBP895 | Long             | DBT              | MUN               | US        |    150000 | PA      | $156367.53    | 0.02%             | 2043-11-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Virginia Public Building Authority                                               | VIRGINIA ST PUB BLDG AUTH PUBLIC FACS REVENUE                | CUSIP: 928173AU7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    915000 | PA      | $914897.98    | 0.12%             | 2041-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Virginia Resources Authority                                                     | VIRGINIA ST RESOURCES AUTH INFRASTRUCTURE REVENUE            | CUSIP: 92818P4J9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    190000 | PA      | $199677.21    | 0.03%             | 2040-11-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Walton County Water & Sewer Authority                                            | WALTON CNTY GA WTR & SWR AUTH REVENUE                        | CUSIP: 93342PFL5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1351025.13   | 0.18%             | 2053-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington & Clackamas Counties School District No 23J Tigard-Tualatin           | WASHINGTON & CLACKAMAS CNTYS OR SCH DIST #23 J TIGARD        | CUSIP: 938395TL4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1875000 | PA      | $2036978.25   | 0.27%             | 2044-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington State Housing Finance Commission                                      | WASHINGTON ST HSG FIN COMMISSION NONPROFIT HSG REVENUE       | CUSIP: 939783SZ0<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |    195000 | PA      | $194699.72    | 0.03%             | 2026-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Washington State Housing Finance Commission                                      | WASHINGTON ST HSG FIN COMMISSION NONPROFIT HSG REVENUE       | CUSIP: 939783TA4<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |    985000 | PA      | $991087.00    | 0.13%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington State Housing Finance Commission                                      | WASHINGTON ST HSG FIN COMMISSION NONPROFIT HSG REVENUE       | CUSIP: 939783WH5<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |    145000 | PA      | $144462.06    | 0.02%             | 2028-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Washington State Housing Finance Commission                                      | WASHINGTON ST HSG FIN COMMISSION NONPROFIT HSG REVENUE       | CUSIP: 939783YU4<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |    840000 | PA      | $846652.97    | 0.11%             | 2027-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington State Housing Finance Commission                                      | WASHINGTON ST HSG FIN COMMISSION NONPROFIT HSG REVENUE       | CUSIP: 939783YV2<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |    445000 | PA      | $451909.03    | 0.06%             | 2028-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington State Housing Finance Commission                                      | WASHINGTON ST HSG FIN COMMISSION NONPROFIT HSG REVENUE       | CUSIP: 939783YW0<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |    460000 | PA      | $470645.41    | 0.06%             | 2029-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington State Housing Finance Commission                                      | WASHINGTON ST HSG FIN COMMISSION NONPROFIT HSG REVENUE       | CUSIP: 939783YX8<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |    500000 | PA      | $512063.90    | 0.07%             | 2034-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington State Housing Finance Commission                                      | WASHINGTON ST HSG FIN COMMISSION NONPROFIT REVENUE           | CUSIP: 93978LHX7<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |   2755000 | PA      | $2555783.47   | 0.33%             | 2055-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Waterstone Metropolitan District No 1                                            | WATERSTONE MET DIST #1 CO                                    | CUSIP: 94189PAD2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $543086.50    | 0.07%             | 2040-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Waterstone Metropolitan District No 1                                            | WATERSTONE MET DIST #1 CO                                    | CUSIP: 94189PAE0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $317999.85    | 0.04%             | 2045-12-01      | Fixed         | 5.25%                 | 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      | $1583517.30   | 0.21%             | 2050-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Western Michigan University                                                      | WSTRN MI UNIV                                                | CUSIP: 958638B49<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     60000 | PA      | $63557.69     | 0.01%             | 2045-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Charter Township of White Lake MI                                                | WHITE LAKE TWP MI                                            | CUSIP: 964009FZ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1985000 | PA      | $2143847.84   | 0.28%             | 2042-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Charter Township of White Lake MI                                                | WHITE LAKE TWP MI                                            | CUSIP: 964009GA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $738536.05    | 0.10%             | 2045-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Will & Kankakee Counties School District No 255                                  | WILL & KANKAKEE CNTYS IL SCH DIST #255                       | CUSIP: 968639BF0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $701071.35    | 0.09%             | 2029-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Williston Basin School District No 7                                             | WILLISTON BASIN SCH DIST #007 ND                             | CUSIP: 970680AU8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $24560.99     | 0.00%             | 2043-08-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| City of Winston-Salem NC                                                         | WINSTON SALEM NC LTD OBLG                                    | CUSIP: 975680GY9<br>LEI: 549300AUJB2WE4FMLE24 | Long             | DBT              | MUN               | US        |    700000 | PA      | $807160.76    | 0.11%             | 2036-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Winston-Salem NC                                                         | WINSTON SALEM NC LTD OBLG                                    | CUSIP: 975680HE2<br>LEI: 549300AUJB2WE4FMLE24 | Long             | DBT              | MUN               | US        |    540000 | PA      | $589742.59    | 0.08%             | 2042-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                              | WISCONSIN ST HLTH & EDUCTNL FACS AUTH REVENUE                | CUSIP: 97712JMC4<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   3220000 | PA      | $3242856.20   | 0.42%             | 2046-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                              | WISCONSIN ST HLTH & EDUCTNL FACS AUTH REVENUE                | CUSIP: 97712JMV2<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |     30000 | PA      | $30212.95     | 0.00%             | 2046-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                              | WISCONSIN ST HLTH & EDUCTNL FACS AUTH REVENUE                | CUSIP: 97712JMW0<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   3290000 | PA      | $3054226.10   | 0.40%             | 2046-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Woodruff-Roebuck Water District                                                  | WOODRUFF-ROEBUCK SC WTR DIST WTR SYS REVENUE                 | CUSIP: 980017CU9<br>LEI: 549300VTSLYYDKX4LJ55 | Long             | DBT              | MUN               | US        |    250000 | PA      | $275243.55    | 0.04%             | 2040-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Woodruff-Roebuck Water District                                                  | WOODRUFF-ROEBUCK SC WTR DIST WTR SYS REVENUE                 | CUSIP: 980017CV7<br>LEI: 549300VTSLYYDKX4LJ55 | Long             | DBT              | MUN               | US        |    250000 | PA      | $248798.68    | 0.03%             | 2041-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Multifamily Mortgage Bonds                                                       | Wyoming Community Development Authority                      | CUSIP: 98322TAE1<br>LEI: 549300UQ62NB8FGTHW65 | Long             | ABS-MBS          | CORP              | US        |   1930000 | PA      | $1967769.52   | 0.26%             | 2041-02-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-11-25

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

**Signature:** James Kirchner

**Name of Signer:** James Kirchner

**Title:** Treasurer