# EDGAR Filing Document

**Accession Number:** 0000201670
**File Stem:** 0000940400-25-005610
**Filing Date:** 2025-10
**Character Count:** 71675
**Document Hash:** 9ee76b748b0914f467e812468571dc75
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000940400-25-005610.hdr.sgml**: 20251029

**ACCESSION NUMBER**: 0000940400-25-005610

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250829

**FILED AS OF DATE**: 20251029

**DATE AS OF CHANGE**: 20251029

**PERIOD START**: 20250831

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** DELAWARE GROUP STATE TAX-FREE INCOME TRUST
- **CENTRAL INDEX KEY:** 0000201670

**ORGANIZATION NAME:**
- **EIN:** 232021993
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0831

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-02715
- **FILM NUMBER:** 251429335

**BUSINESS ADDRESS:**
- **STREET 1:** 100 INDEPENDENCE
- **STREET 2:** 610 MARKET STREET
- **CITY:** PHILADELPHIA
- **STATE:** PA
- **ZIP:** 19106-2354
- **BUSINESS PHONE:** 18002552139

**MAIL ADDRESS:**
- **STREET 1:** 100 INDEPENDENCE
- **STREET 2:** 610 MARKET STREET
- **CITY:** PHILADELPHIA
- **STATE:** PA
- **ZIP:** 19106-2354

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** DELAWARE GROUP STATE TAX FREE INCOME TRUST/PA/
- **DATE OF NAME CHANGE:** 19980423

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** DMC TAX FREE INCOME TRUST PA
- **DATE OF NAME CHANGE:** 19920703

## Series and Classes Contracts Data

### Macquarie Tax-Free Pennsylvania Fund (Series ID: S000002393)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000006342 | Class A             | DELIX           |
| C000006344 | Class C             | DPTCX           |
| C000135933 | Institutional Class | DTPIX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Delaware Group State Tax-Free Income Trust

- **b. Investment Company Act file number:** 811-02715

- **c. CIK number of Registrant:** 0000201670

- **d. LEI of Registrant:** 549300X1E4XIWEQT1L17

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

  - **Street Address 1:** 100 Independence

  - **City:** Philadelphia

  - **State:** PA

  - **Foreign country:** US

  - **Zip / Postal Code:** 19106

  - **Telephone number:** 800-523-1918

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

- **a. Name of Series:** Macquarie Tax-Free Pennsylvania Fund

- **b. EDGAR series identifier (if any):** S000002393

- **c. LEI of Series:** BJP4GJ5XR7NO0JECHC40

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

- **a. Date of fiscal year-end:** 2025-08-31

- **b. Date as of which information is reported:** 2025-08-29

**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:** $396802855.36

**Total Liabilities:** $4504876.51

**Net Assets:** $392297978.85

**Delayed Delivery Securities:** $2000000.00

**Cash Not Reported:** $1654542.21

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 14.27106000 | **1-Year:** 2350.25860000 | **5-Year:** 28184.34988000 | **10-Year:** 328888.00519000 | **30-Year:** 62420.32496000

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

- **3-Month:** 3.59570000 | **1-Year:** 37.60071000 | **5-Year:** 1664.07219000 | **10-Year:** 5667.86026000 | **30-Year:** 228.79198000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000006342 | 0.33%                | -0.95%               | 0.79%                |
| Class ID C000006344 | 0.27%                | -1.01%               | 0.58%                |
| Class ID C000135933 | 0.35%                | -0.93%               | 0.81%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-723683.55              | $766558.05                                 |
| Month 2  | $-1158774.38             | $-3981997.93                               |
| Month 3  | $-101751.38              | $1718447.24                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| PENNSYLVANIA ST ECON DEV FING  | Pennsylvania Economic Development Financing Authority                           | CUSIP: 70869PPB7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2396200.00   | 0.61%             | 2049-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST ECON DEV FING  | Pennsylvania Economic Development Financing Authority                           | CUSIP: 708692CA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1018500.00   | 0.26%             | 2051-01-01      | Variable      | 5.45%                 | No            |                  2 | On Loan: No      |
| MAXATAWNY TWP PA MUNI AUTH REV | Maxatawny Township Municipal Authority                                          | CUSIP: 57778PAE4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1739700.00   | 0.44%             | 2045-01-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST ECON DEV FING  | Pennsylvania Economic Development Financing Authority                           | CUSIP: 70869PHV2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2115000 | PA      | $2125744.20   | 0.54%             | 2034-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BUCKS CNTY PA INDL DEV AUTH HO | Bucks County Industrial Development Authority                                   | CUSIP: 11861MAS5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $1904970.00   | 0.49%             | 2053-08-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| MOON INDL DEV AUTH PA REVENUE  | Moon Industrial Development Authority                                           | CUSIP: 61543RAU0<br>LEI: 549300CGX4T1GTNHL435 | Long             | DBT              | MUN               | US        |   4090000 | PA      | $3580304.20   | 0.91%             | 2050-07-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| LANCASTER CNTY PA HOSP AUTH    | Lancaster County Hospital Authority/PA                                          | CUSIP: 514045H22<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $915300.00    | 0.23%             | 2045-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST TURNPIKE COMMI | Pennsylvania Turnpike Commission                                                | CUSIP: 709225EU6<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |   2825000 | PA      | $1975183.50   | 0.50%             | 2051-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST HSG FIN AGY SF | Pennsylvania Housing Finance Agency                                             | CUSIP: 70879QZ63<br>LEI: 549300JZVUPNWP77SP29 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2005160.00   | 0.51%             | 2052-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| COUNCIL ROCK PA SCH DIST       | Council Rock School District                                                    | CUSIP: 222263Z57<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2975000 | PA      | $2534819.00   | 0.65%             | 2052-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CHESTER CNTY PA INDL DEV AUTHE | Chester County Industrial Development Authority                                 | CUSIP: 16558QBV5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2250000 | PA      | $1911150.00   | 0.49%             | 2052-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ALLEGHENY CNTY PA ARPT AUTH AR | Allegheny County Airport Authority                                              | CUSIP: 01728LFK3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2505000 | PA      | $2410285.95   | 0.61%             | 2056-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST ECON DEV FING  | Pennsylvania Economic Development Financing Authority                           | CUSIP: 70870JEG9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1710000 | PA      | $1383749.10   | 0.35%             | 2052-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PHILADELPHIA PA ARPT REVENUE   | City of Philadelphia PA Airport Revenue                                         | CUSIP: 717817XY1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3125000 | PA      | $2666906.25   | 0.68%             | 2046-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST                | Commonwealth of Pennsylvania                                                    | CUSIP: 70914PYD8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1370000 | PA      | $1370493.20   | 0.35%             | 2034-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CUMBERLAND CNTY PA MUNI AUTH   | Cumberland County Municipal Authority                                           | CUSIP: 230614PC7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4338750.00   | 1.11%             | 2044-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST TURNPIKE COMMI | Pennsylvania Turnpike Commission                                                | CUSIP: 709225BW5<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |   2250000 | PA      | $2219085.00   | 0.57%             | 2038-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| LOWER PAXTON TWP PA            | Township of Lower Paxton PA                                                     | CUSIP: 548383RD2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1100000 | PA      | $951423.00    | 0.24%             | 2050-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| DOYLESTOWN PA HOSP AUTH        | Doylestown Hospital Authority                                                   | CUSIP: 261333HJ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1057670.00   | 0.27%             | 2039-07-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST TURNPIKE COMMI | Pennsylvania Turnpike Commission                                                | CUSIP: 709225KY1<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |   5385000 | PA      | $5543749.80   | 1.41%             | 2054-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| PHILADELPHIA PA ARPT REVENUE   | City of Philadelphia PA Airport Revenue                                         | CUSIP: 717817WW6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2068075.00   | 0.53%             | 2050-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| S ESTRN PA TRANSPRTN AUTH      | Southeastern Pennsylvania Transportation Authority                              | CUSIP: 842039FR5<br>LEI: 98450061A2F3FD36E493 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3054720.00   | 0.78%             | 2052-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST ECON DEV FING  | Pennsylvania Economic Development Financing Authority                           | CUSIP: 70870JFM5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2250000 | PA      | $1905007.50   | 0.49%             | 2048-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CHESTER CNTY PA INDL DEV AUTH  | Chester County Industrial Development Authority                                 | CUSIP: 16559WAC4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    704000 | PA      | $631544.32    | 0.16%             | 2048-03-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST ECON DEV FING  | Pennsylvania Economic Development Financing Authority                           | CUSIP: 70869PPE1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2445075.00   | 0.62%             | 2046-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST ECON DEV FINGA | Pennsylvania Economic Development Financing Authority Parking System Revenue    | CUSIP: 70870EDX4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2050000 | PA      | $670575.50    | 0.17%             | 2047-01-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| CHESTER CNTY PA INDL DEV AUTH  | Chester County Industrial Development Authority                                 | CUSIP: 165588FW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1485000 | PA      | $1148721.75   | 0.29%             | 2064-10-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST ECON DEV FING  | Pennsylvania Economic Development Financing Authority                           | CUSIP: 70869PLY1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    715000 | PA      | $143000.00    | 0.04%             | 2038-12-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| CUMBERLAND CNTY PA MUNI AUTH   | Cumberland County Municipal Authority                                           | CUSIP: 230614TH2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    675000 | PA      | $666798.75    | 0.17%             | 2038-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST HSG FIN AGY SF | Pennsylvania Housing Finance Agency                                             | CUSIP: 70879QUL5<br>LEI: 549300JZVUPNWP77SP29 | Long             | DBT              | MUN               | US        |   3750000 | PA      | $3811012.50   | 0.97%             | 2051-04-01      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| PHILADELPHIA PA AUTH FOR INDL  | Philadelphia Authority for Industrial Development                               | CUSIP: 7178185C8<br>LEI: 549300DIY68KQZEW7M79 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2302500.00   | 0.59%             | 2042-06-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| MONTGOMERY CNTY PA INDL DEV AU | Montgomery County Industrial Development Authority/PA                           | CUSIP: 613609K21<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $282060.00    | 0.07%             | 2037-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST ECON DEV FING  | Pennsylvania Economic Development Financing Authority                           | CUSIP: 70870JAZ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5200000 | PA      | $4629560.00   | 1.18%             | 2042-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MONTGOMERY CNTY PA INDL DEV AU | Montgomery County Industrial Development Authority/PA                           | CUSIP: 613609L46<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1430000 | PA      | $1138623.20   | 0.29%             | 2051-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST TURNPIKE COMMI | Pennsylvania Turnpike Commission                                                | CUSIP: 709225FA9<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |   1220000 | PA      | $1051310.60   | 0.27%             | 2050-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MONTGOMERY CNTY PA INDL DEV AU | Montgomery County Industrial Development Authority/PA                           | CUSIP: 61360PDA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1831400.00   | 0.47%             | 2055-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BERKS CNTY PA INDL DEV AUTH HL | Berks County Industrial Development Authority                                   | CUSIP: 08452RAK2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $912700.00    | 0.23%             | 2047-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST HSG FIN AGY SF | Pennsylvania Housing Finance Agency                                             | CUSIP: 70879QTZ6<br>LEI: 549300JZVUPNWP77SP29 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4996150.00   | 1.27%             | 2050-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LANCASTER CNTY PA HOSP AUTH    | Lancaster County Hospital Authority/PA                                          | CUSIP: 514045P98<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1021760.00   | 0.26%             | 2035-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LANCASTER CNTY PA HOSP AUTH    | Lancaster County Hospital Authority/PA                                          | CUSIP: 514045Q30<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $253872.50    | 0.06%             | 2037-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST HSG FIN AGY SF | Pennsylvania Housing Finance Agency                                             | CUSIP: 70879QN66<br>LEI: 549300JZVUPNWP77SP29 | Long             | DBT              | MUN               | US        |   4160000 | PA      | $3941974.40   | 1.00%             | 2045-10-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| S ESTRN PA TRANSPRTN AUTH      | Southeastern Pennsylvania Transportation Authority                              | CUSIP: 842039FQ7<br>LEI: 98450061A2F3FD36E493 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5123600.00   | 1.31%             | 2047-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| MONTGOMERY CNTY PA INDL DEV AU | Montgomery County Industrial Development Authority/PA                           | CUSIP: 613609B96<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4035000 | PA      | $3528889.95   | 0.90%             | 2050-01-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| PHILADELPHIA PA AUTH FOR INDL  | Philadelphia Authority for Industrial Development                               | CUSIP: 71780TBM4<br>LEI: 549300DIY68KQZEW7M79 | Long             | DBT              | MUN               | US        |   6000000 | PA      | $6081000.00   | 1.55%             | 2060-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| BUTLER CNTY PA HOSP AUTH       | Butler County Hospital Authority                                                | CUSIP: 123592DR5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1625000 | PA      | $1464238.75   | 0.37%             | 2039-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PHILADELPHIA PA ARPT REVENUE   | City of Philadelphia PA Airport Revenue                                         | CUSIP: 717817UX6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10256300.00  | 2.61%             | 2033-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO SALES TAX FING COR | Puerto Rico Sales Tax Financing Corp Sales Tax Revenue                          | CUSIP: 74529JPX7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4586250.00   | 1.17%             | 2058-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NORTHAMPTON CNTY PA INDL DEV A | Northampton County Industrial Development Authority                             | CUSIP: 663549NV1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $866280.00    | 0.22%             | 2044-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ALLEGHENY CNTY PA ARPT AUTH AR | Allegheny County Airport Authority                                              | CUSIP: 01728LHE5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1260000 | PA      | $1283562.00   | 0.33%             | 2053-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST HGR EDUCTNL FA | Pennsylvania Higher Educational Facilities Authority                            | CUSIP: 70917TRU7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1018900.00   | 0.26%             | 2048-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST HGR EDUCTNL FA | Pennsylvania Higher Educational Facilities Authority                            | CUSIP: 70917S6Y4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7660000 | PA      | $6474844.80   | 1.65%             | 2049-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST ECON DEV FINGA | Pennsylvania Economic Development Financing Authority Parking System Revenue    | CUSIP: 70870EDW6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1885000 | PA      | $653925.35    | 0.17%             | 2046-01-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| DELAWARE RIVER PA JT TOLL BRID | Delaware River Joint Toll Bridge Commission                                     | CUSIP: 246343LJ4<br>LEI: 549300N6IGAQMI0JLE23 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3014640.00   | 0.77%             | 2042-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO CMWLTH             | Commonwealth of Puerto Rico                                                     | CUSIP: 74514L4C8<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |    901447 | PA      | $585940.60    | 0.15%             | 2051-11-01      | Variable      | 0.01%                 | No            |                  2 | On Loan: No      |
| PHILADELPHIA PA AUTH FOR INDL  | Philadelphia Authority for Industrial Development                               | CUSIP: 7178185B0<br>LEI: 549300DIY68KQZEW7M79 | Long             | DBT              | MUN               | US        |   1145000 | PA      | $878787.50    | 0.22%             | 2030-06-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| PHILADELPHIA PA AUTH FOR INDL  | Philadelphia Authority for Industrial Development                               | CUSIP: 717824AR7<br>LEI: 549300DIY68KQZEW7M79 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2135450.00   | 0.54%             | 2049-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PHILADELPHIA PA                | City of Philadelphia PA                                                         | CUSIP: 717813ZD4<br>LEI: 549300IVFOPB4AG7UL47 | Long             | DBT              | MUN               | US        |    500000 | PA      | $454540.00    | 0.12%             | 2042-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| THE CHILDRENS TRUST FUND PR TO | Children's Trust Fund                                                           | CUSIP: 16876QBL2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  97830000 | PA      | $4796604.90   | 1.22%             | 2057-05-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| MONTGOMERY CNTY PA HGR EDU & H | Montgomery County Higher Education and Health Authority                         | CUSIP: 613603G52<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5950000 | PA      | $4810277.50   | 1.23%             | 2052-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST HGR EDUCTNL FA | Pennsylvania Higher Educational Facilities Authority                            | CUSIP: 70917TCW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1345000 | PA      | $1291657.30   | 0.33%             | 2040-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST UNIV           | Pennsylvania State University/The                                               | CUSIP: 7092353J2<br>LEI: 549300QDK4O4XCJ47X56 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3097800.00   | 0.79%             | 2054-09-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST ECON DEV FINGA | Pennsylvania Economic Development Financing Authority Parking System Revenue    | CUSIP: 70870EDV8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3345000 | PA      | $1223868.60   | 0.31%             | 2045-01-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO SALES TAX FING COR | Puerto Rico Sales Tax Financing Corp Sales Tax Revenue                          | CUSIP: 74529JPW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7858000 | PA      | $7056641.16   | 1.80%             | 2053-07-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| ALLEGHENY CNTY PA INDL DEV AUT | Allegheny County Industrial Development Authority                               | CUSIP: 017292XM0<br>LEI: 5493001680EYSTWFLS08 | Long             | DBT              | MUN               | US        |    725000 | PA      | $725072.50    | 0.18%             | 2042-08-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| PHILADELPHIA PA AUTH FOR INDL  | Philadelphia Authority for Industrial Development                               | CUSIP: 71781XDA8<br>LEI: 549300DIY68KQZEW7M79 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2356700.00   | 0.60%             | 2047-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST ECON DEV FINGA | Pennsylvania Economic Development Financing Authority                           | CUSIP: 708686DZ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $3999720.00   | 1.02%             | 2044-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST TURNPIKE COMMI | Pennsylvania Turnpike Commission                                                | CUSIP: 709225BD7<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |    550000 | PA      | $457330.50    | 0.12%             | 2050-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO CMWLTH             | Commonwealth of Puerto Rico                                                     | CUSIP: 74514L3T2<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |   8131172 | PA      | $5112474.17   | 1.30%             | 2043-11-01      | Variable      | 0.01%                 | No            |                  2 | On Loan: No      |
| MONTGOMERY CNTY PA INDL DEV AU | Montgomery County Industrial Development Authority/PA                           | CUSIP: 613609D60<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1346505.00   | 0.34%             | 2046-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO SALES TAX FING COR | Puerto Rico Sales Tax Financing Corp Sales Tax Revenue                          | CUSIP: 74529JRK3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $862500.00    | 0.22%             | 2053-07-01      | Fixed         | 4.54%                 | No            |                  2 | On Loan: No      |
| MONTGOMERY CNTY PA HGR EDU & H | Montgomery County Higher Education and Health Authority                         | CUSIP: 613603YZ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2049725.00   | 0.52%             | 2049-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| LANCASTER CNTY PA HOSP AUTH    | Lancaster County Hospital Authority/PA                                          | CUSIP: 514045X81<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3673075.00   | 0.94%             | 2038-11-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| LANCASTER CNTY PA HOSP AUTH    | Lancaster County Hospital Authority/PA                                          | CUSIP: 514045Q22<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    510000 | PA      | $519501.30    | 0.13%             | 2036-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DUBOIS PA HOSP AUTH            | DuBois Hospital Authority                                                       | CUSIP: 263804CJ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3600000 | PA      | $2605680.00   | 0.66%             | 2050-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ALLEGHENY CNTY PA SAN AUTH     | Allegheny County Sanitary Authority                                             | CUSIP: 017357N83<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1742457.50   | 0.44%             | 2053-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHESTER CNTY PA INDL DEV AUTH  | Chester County Industrial Development Authority                                 | CUSIP: 165588DR2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    770000 | PA      | $685792.80    | 0.17%             | 2051-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHESTER CNTY PA INDL DEV AUTH  | Chester County Industrial Development Authority                                 | CUSIP: 165588DQ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1160000 | PA      | $1059799.20   | 0.27%             | 2047-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CUMBERLAND CNTY PA MUNI AUTH   | Cumberland County Municipal Authority                                           | CUSIP: 230614PN3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2591040.00   | 0.66%             | 2045-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PHILADELPHIA PA AUTH FOR INDL  | Philadelphia Authority for Industrial Development                               | CUSIP: 717901CB6<br>LEI: 549300DIY68KQZEW7M79 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2613850.00   | 0.67%             | 2053-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| BERKS CNTY PA INDL DEV AUTH HL | Berks County Industrial Development Authority                                   | CUSIP: 08452RAD8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $547620.00    | 0.14%             | 2047-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO ELEC PWR AUTH PWRR | Puerto Rico Electric Power Authority                                            | CUSIP: 74526QA28<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |   1110000 | PA      | $736762.50    | 0.19%             | 2042-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHESTER CNTY PA INDL DEV AUTH  | Chester County Industrial Development Authority                                 | CUSIP: 165588FV1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    645000 | PA      | $519418.50    | 0.13%             | 2054-10-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| PHILADELPHIA PA HSG AUTH GTD R | Philadelphia Housing Authority                                                  | CUSIP: 71783TAT7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1768305.00   | 0.45%             | 2045-03-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ALLEGHENY CNTY PA HOSP DEV AUT | Allegheny County Hospital Development Authority                                 | CUSIP: 01728A3Z7<br>LEI: 54930046B973R604OG22 | Long             | DBT              | MUN               | US        |   2640000 | PA      | $2281408.80   | 0.58%             | 2044-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ALLEGHENY CNTY PA HGR EDU BLDG | Allegheny County Higher Education Building Authority                            | CUSIP: 01728RES4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1045000 | PA      | $1045000.00   | 0.27%             | 2037-12-01      | Variable      | 3.40%                 | No            |                  2 | On Loan: No      |
| MONTGOMERY CNTY PA HGR EDU & H | Montgomery County Higher Education and Health Authority                         | CUSIP: 613603G37<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $3332760.00   | 0.85%             | 2047-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PHILADELPHIA PA GAS WKS REVENU | Philadelphia Gas Works Co                                                       | CUSIP: 71783MDF9<br>LEI: 549300H8UJ7V5WU5IA90 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1017860.00   | 0.26%             | 2054-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ALLEGHENY CNTY PA SAN AUTH     | Allegheny County Sanitary Authority                                             | CUSIP: 017357S21<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1524270.00   | 0.39%             | 2055-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST TURNPIKE COMMI | Pennsylvania Turnpike Commission                                                | CUSIP: 709225EA0<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |   7550000 | PA      | $5095646.00   | 1.30%             | 2051-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CENTRE CNTY PA HOSP AUTH       | Centre County Hospital Authority                                                | CUSIP: 156273HE7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1191414.00   | 0.30%             | 2047-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| LANCASTER CNTY PA HOSP AUTH    | Lancaster County Hospital Authority/PA                                          | CUSIP: 514045J20<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1821500.00   | 0.46%             | 2045-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ALLENTOWN COMMERCIAL & INDL DE | Allentown Commercial and Industrial Development Authority                       | CUSIP: 01843AAN6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2621880.00   | 0.67%             | 2059-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST ECON DEV FING  | Pennsylvania Economic Development Financing Authority                           | CUSIP: 70869PLZ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5400000 | PA      | $1080000.00   | 0.28%             | 2053-12-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST UNIV           | Pennsylvania State University/The                                               | CUSIP: 709235W68<br>LEI: 549300QDK4O4XCJ47X56 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2053200.00   | 0.52%             | 2052-09-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| LEHIGH CNTY PA GEN PURPOSE AUT | Lehigh County General Purpose Authority                                         | CUSIP: 52480RGM6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1350000 | PA      | $1305787.50   | 0.33%             | 2049-02-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ALLEGHENY CNTY PA ARPT AUTH AR | Allegheny County Airport Authority                                              | CUSIP: 01728LGH9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $3224520.00   | 0.82%             | 2056-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO ELEC PWR AUTH PWRR | Puerto Rico Electric Power Authority                                            | CUSIP: 74526QVE9<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |   1190000 | PA      | $789862.50    | 0.20%             | 2038-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| WASHINGTON CNTY PA REDEV AUTH  | Redevelopment Authority of The County of Washington                             | CUSIP: 938618AD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $986030.00    | 0.25%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO ELEC PWR AUTH PWRR | Puerto Rico Electric Power Authority                                            | CUSIP: 74526QVD1<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |   1055000 | PA      | $700256.25    | 0.18%             | 2033-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST TURNPIKE COMMI | Pennsylvania Turnpike Commission                                                | CUSIP: 709225AY2<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1565100.00   | 0.40%             | 2042-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| SWARTHMORE BORO PA AUTH        | Swarthmore Borough Authority                                                    | CUSIP: 870000QP4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1950000 | PA      | $1987518.00   | 0.51%             | 2047-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UPPER DAUPHIN PA INDL DEV AUTH | Upper Dauphin Industrial Development Authority                                  | CUSIP: 915691AC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2349300.00   | 0.60%             | 2057-07-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| ALLENTOWN PA NEIGHBORHOOD IMPT | Allentown Neighborhood Improvement Zone Development Authority                   | CUSIP: 018444BZ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2015040.00   | 0.51%             | 2042-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BUCKS CNTY PA INDL DEV AUTH    | Bucks County Industrial Development Authority                                   | CUSIP: 118612MC1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2297300.00   | 0.59%             | 2046-03-15      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO INDL TOURIST EDUCT | Puerto Rico Industrial Tourist Educational Medical & Envirml Ctl Facs Fing Auth | CUSIP: 74528LAD3<br>LEI: 549300YJRISCG6HQ4512 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2200940.00   | 0.56%             | 2046-01-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| GDB DEBT RECOVERY AUTH OF CMWL | GDB Debt Recovery Authority of Puerto Rico                                      | CUSIP: 36829QAA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9094449 | PA      | $8781418.07   | 2.24%             | 2040-08-20      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| ALLENTOWN PA NEIGHBORHOOD IMPT | Allentown Neighborhood Improvement Zone Development Authority                   | CUSIP: 018444CC1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $978320.00    | 0.25%             | 2042-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MONTGOMERY CNTY PA INDL DEV AU | Montgomery County Industrial Development Authority/PA                           | CUSIP: 613609G67<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $873100.00    | 0.22%             | 2048-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| MONTGOMERY CNTY PA INDL DEV AU | Montgomery County Industrial Development Authority/PA                           | CUSIP: 613609N44<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1830400.00   | 0.47%             | 2054-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| BETHLEHEM PA REDEV AUTH UNIV R | Bethlehem Redevelopment Authority                                               | CUSIP: 087470BX7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3006480.00   | 0.77%             | 2054-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST TURNPIKE COMMI | Pennsylvania Turnpike Commission                                                | CUSIP: 709224P60<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |   3375000 | PA      | $2961393.75   | 0.75%             | 2049-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST HGR EDUCTNL FA | Pennsylvania Higher Educational Facilities Authority                            | CUSIP: 70917TEX5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1130000 | PA      | $1180398.00   | 0.30%             | 2032-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO CMWLTH             | Commonwealth of Puerto Rico                                                     | CUSIP: 74514L3N5<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |   1169072 | PA      | $1017899.30   | 0.26%             | 2041-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST ECON DEV FING  | Pennsylvania Economic Development Financing Authority                           | CUSIP: 708692AH1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  11000000 | PA      | $12261150.00  | 3.13%             | 2031-03-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| MONTGOMERY CNTY PA INDL DEV AU | Montgomery County Industrial Development Authority/PA                           | CUSIP: 613609G75<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1600000 | PA      | $1386416.00   | 0.35%             | 2051-01-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| DELAWARE VLY PA REGL FIN AUTH  | Delaware Valley Regional Finance Authority                                      | CUSIP: 246579LZ7<br>LEI: 549300HGYP3NW885TT18 | Long             | DBT              | MUN               | US        |   1800000 | PA      | $1800000.00   | 0.46%             | 2059-09-01      | Variable      | 3.50%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO SALES TAX FING COR | Puerto Rico Sales Tax Financing Corp Sales Tax Revenue                          | CUSIP: 74529JRH0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2650000 | PA      | $2457716.00   | 0.63%             | 2040-07-01      | Fixed         | 4.33%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST HGR EDUCTNL FA | Pennsylvania Higher Educational Facilities Authority                            | CUSIP: 70917TTU5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5233950.00   | 1.33%             | 2055-08-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| UPPER DAUPHIN PA INDL DEV AUTH | Upper Dauphin Industrial Development Authority                                  | CUSIP: 915691AD1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    235000 | PA      | $235032.90    | 0.06%             | 2029-07-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST TURNPIKE COMMI | Pennsylvania Turnpike Commission Oil Franchise Tax Revenue                      | CUSIP: 709221WU5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3740000 | PA      | $3102479.60   | 0.79%             | 2051-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ALLEGHENY CNTY PA HGR EDU BLDG | Allegheny County Higher Education Building Authority                            | CUSIP: 01728RMT3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1575255.00   | 0.40%             | 2047-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BUCKS CNTY PA INDL DEV AUTH HO | Bucks County Industrial Development Authority                                   | CUSIP: 11861MAQ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1157730.00   | 0.30%             | 2050-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST HSG FIN AGY SF | Pennsylvania Housing Finance Agency                                             | CUSIP: 70879QXU2<br>LEI: 549300JZVUPNWP77SP29 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2876040.00   | 0.73%             | 2053-04-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| MONTGOMERY CNTY PA HGR EDU & H | Montgomery County Higher Education and Health Authority                         | CUSIP: 613603G94<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2857980.00   | 0.73%             | 2057-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHESTER CNTY PA INDL DEV AUTH  | Chester County Industrial Development Authority                                 | CUSIP: 165588FJ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2635000 | PA      | $2241436.40   | 0.57%             | 2051-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST ECON DEV FING  | Pennsylvania Economic Development Financing Authority                           | CUSIP: 70869PJX6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $505975.00    | 0.13%             | 2029-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST HGR EDUCTNL FA | Pennsylvania Higher Educational Facilities Authority                            | CUSIP: 70917TTD3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2531875.00   | 0.65%             | 2055-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MONTGOMERY CNTY PA HGR EDU & H | Montgomery County Higher Education and Health Authority                         | CUSIP: 613603J75<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2356775.00   | 0.60%             | 2042-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CMWLTH FING AUTH PA TOBACCO MA | Commonwealth Financing Authority                                                | CUSIP: 20282EAS5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5045000 | PA      | $4824987.55   | 1.23%             | 2039-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST HSG FIN AGY SF | Pennsylvania Housing Finance Agency                                             | CUSIP: 70879QV91<br>LEI: 549300JZVUPNWP77SP29 | Long             | DBT              | MUN               | US        |   5350000 | PA      | $5360807.00   | 1.37%             | 2053-04-01      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO CMWLTH             | Commonwealth of Puerto Rico                                                     | CUSIP: 74514L3M7<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |   2172745 | PA      | $2018154.19   | 0.51%             | 2037-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| WEST BRANCH PA AREA SCH DIST   | West Branch Area School District/PA                                             | CUSIP: 951605EE0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    930000 | PA      | $868945.50    | 0.22%             | 2041-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| LEHIGH CNTY PA GEN PURPOSE HOS | County of Lehigh PA                                                             | CUSIP: 52480GDW1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $3265120.00   | 0.83%             | 2049-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PHILADELPHIA PA AUTH FOR INDL  | Philadelphia Authority for Industrial Development                               | CUSIP: 717901CA8<br>LEI: 549300DIY68KQZEW7M79 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2114575.00   | 0.54%             | 2049-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST TURNPIKE COMMI | Pennsylvania Turnpike Commission Oil Franchise Tax Revenue                      | CUSIP: 709221WV3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4102800.00   | 1.05%             | 2053-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PHILADELPHIA PA GAS WKS REVENU | Philadelphia Gas Works Co                                                       | CUSIP: 71783MDE2<br>LEI: 549300H8UJ7V5WU5IA90 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4074440.00   | 1.04%             | 2049-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ALLEGHENY CNTY PA ARPT AUTH AR | Allegheny County Airport Authority                                              | CUSIP: 01728LFD9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1344490.00   | 0.34%             | 2038-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PHILADELPHIA PA                | City of Philadelphia PA                                                         | CUSIP: 717813B73<br>LEI: 549300IVFOPB4AG7UL47 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1045910.00   | 0.27%             | 2045-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| LANCASTER CNTY PA HOSP AUTH    | Lancaster County Hospital Authority/PA                                          | CUSIP: 514045S20<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    130000 | PA      | $130902.20    | 0.03%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST HSG FIN AGY MF | Pennsylvania Housing Finance Agency                                             | CUSIP: 708797BG9<br>LEI: 549300JZVUPNWP77SP29 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1255350.00   | 0.32%             | 2041-06-01      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| MONTGOMERY CNTY PA INDL DEV AU | Montgomery County Industrial Development Authority/PA                           | CUSIP: 613609N28<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1870000 | PA      | $1722213.90   | 0.44%             | 2044-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ALLENTOWN PA NEIGHBORHOOD IMPT | Allentown Neighborhood Improvement Zone Development Authority                   | CUSIP: 018444CA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4200000 | PA      | $4174170.00   | 1.06%             | 2042-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ALLEGHENY CNTY PA ARPT AUTH AR | Allegheny County Airport Authority                                              | CUSIP: 01728LKZ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1545120.00   | 0.39%             | 2055-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CHESTER CNTY PA HLTH & EDU FAC | Chester County Health and Education Facilities Authority                        | CUSIP: 16557HFM2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    310000 | PA      | $257030.30    | 0.07%             | 2050-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SOUTHCENTRL PA GEN AUTH REVENU | General Authority of Southcentral Pennsylvania                                  | CUSIP: 84129NNL9<br>LEI: 549300QBNU5LBV4QX812 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $961220.00    | 0.25%             | 2055-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| LANCASTER CNTY PA HOSP AUTH    | Lancaster County Hospital Authority/PA                                          | CUSIP: 514045G98<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $250000.00    | 0.06%             | 2035-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| BUCKS CNTY PA INDL DEV AUTH HO | Bucks County Industrial Development Authority                                   | CUSIP: 11861MBT2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1600000 | PA      | $1346672.00   | 0.34%             | 2050-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MONTGOMERY CNTY PA INDL DEV AU | Montgomery County Industrial Development Authority/PA                           | CUSIP: 613609M86<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1497015.00   | 0.38%             | 2048-05-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST TURNPIKE COMMI | Pennsylvania Turnpike Commission                                                | CUSIP: 709225DZ6<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |   1200000 | PA      | $990972.00    | 0.25%             | 2051-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO ELEC PWR AUTH PWRR | Puerto Rico Electric Power Authority                                            | CUSIP: 74526QZY1<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |    400000 | PA      | $265500.00    | 0.07%             | 2042-07-01      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| PHILADELPHIA PA WTR & WSTWTR R | City of Philadelphia PA Water & Wastewater Revenue                              | CUSIP: 7178933X7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2060780.00   | 0.53%             | 2054-09-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ADAMS CNTY PA GEN AUTH REV     | Adams County General Authority                                                  | CUSIP: 006114AD4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1798660.00   | 0.46%             | 2054-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ALLEGHENY CNTY PA HOSP DEV AUT | Allegheny County Hospital Development Authority                                 | CUSIP: 01728A4A1<br>LEI: 54930046B973R604OG22 | Long             | DBT              | MUN               | US        |  11060000 | PA      | $10656973.60  | 2.72%             | 2047-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST HSG FIN AGY SF | Pennsylvania Housing Finance Agency                                             | CUSIP: 70879QUJ0<br>LEI: 549300JZVUPNWP77SP29 | Long             | DBT              | MUN               | US        |   1755000 | PA      | $1787660.55   | 0.46%             | 2044-04-01      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| PHILADELPHIA PA ARPT REVENUE   | City of Philadelphia PA Airport Revenue                                         | CUSIP: 717817XZ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2429175.00   | 0.62%             | 2051-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PHILADELPHIA PA WTR & WSTWTR R | City of Philadelphia PA Water & Wastewater Revenue                              | CUSIP: 7178932V2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3105840.00   | 0.79%             | 2042-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MARPLE NEWTOWN PA SCH DIST     | Marple Newtown School District                                                  | CUSIP: 571363JQ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3740000 | PA      | $3175073.00   | 0.81%             | 2040-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST UNIV           | Pennsylvania State University/The                                               | CUSIP: 7092354G7<br>LEI: 549300QDK4O4XCJ47X56 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4233280.00   | 1.08%             | 2055-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO CMWLTH             | Commonwealth of Puerto Rico                                                     | CUSIP: 74514L3P0<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |   2830000 | PA      | $2338966.70   | 0.60%             | 2046-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO SALES TAX FING COR | Puerto Rico Sales Tax Financing Corp Sales Tax Revenue                          | CUSIP: 74529JQH1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  11285000 | PA      | $2634031.85   | 0.67%             | 2051-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| MATCHING FUND SPL PURPOSE SECU | Matching Fund Special Purpose Securitization Corp                               | CUSIP: 57665NAG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2490900.00   | 0.63%             | 2039-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST HGR EDUCTNL FA | Pennsylvania Higher Educational Facilities Authority                            | CUSIP: 70917TTB7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1427925.00   | 0.36%             | 2035-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO SALES TAX FING COR | Puerto Rico Sales Tax Financing Corp Sales Tax Revenue                          | CUSIP: 74529JQG3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  29972000 | PA      | $9472650.60   | 2.41%             | 2046-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| ALLEGHENY CNTY PA INDL DEV AUT | Allegheny County Industrial Development Authority                               | CUSIP: 01730PAB5<br>LEI: 5493001680EYSTWFLS08 | Long             | DBT              | MUN               | US        |   3250000 | PA      | $3463005.00   | 0.88%             | 2030-05-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-10-29

**Name of Applicant:** Delaware Group State Tax-Free Income Trust

**Signature:** Dan Geatens

**Name of Signer:** Dan Geatens

**Title:** Division Director - Head of US Fund Administration