# EDGAR Filing Document

**Accession Number:** 0000914529
**File Stem:** 0001410368-25-009061
**Filing Date:** 2025-9
**Character Count:** 201056
**Document Hash:** cecaa59d54c578eead6c369ddccbc62b
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001410368-25-009061.hdr.sgml**: 20250924

**ACCESSION NUMBER**: 0001410368-25-009061

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250731

**FILED AS OF DATE**: 20250924

**DATE AS OF CHANGE**: 20250924

**PERIOD START**: 20260131

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Eaton Vance Municipals Trust II
- **CENTRAL INDEX KEY:** 0000914529

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-08134
- **FILM NUMBER:** 251335196

**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 II
- **DATE OF NAME CHANGE:** 19931108

## Series and Classes Contracts Data

### Parametric TABS 5-to-15 Year Laddered Municipal Bond Fund (Series ID: S000027034)

| Class ID   | Class Name                                                        | Ticker Symbol   |
|:---|:---|:---|
| C000081348 | Parametric TABS 5-to-15 Year Laddered Municipal Bond Fund Class A | EALTX           |
| C000081349 | Parametric TABS 5-to-15 Year Laddered Municipal Bond Fund Class C | ECLTX           |
| C000081350 | Parametric TABS 5-to-15 Year Laddered Municipal Bond Fund Class I | EILTX           |

## 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 II

- **b. Investment Company Act file number:** 811-08134

- **c. CIK number of Registrant:** 0000914529

- **d. LEI of Registrant:** 54930020USKP27DTI683

- **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:** Parametric TABS 5-to-15 Year Laddered Municipal Bond Fund

- **b. EDGAR series identifier (if any):** S000027034

- **c. LEI of Series:** 549300QIT7499LS0I197

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

- **a. Date of fiscal year-end:** 2026-01-31

- **b. Date as of which information is reported:** 2025-07-31

**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:** $719286792.32

**Total Liabilities:** $12045685.29

**Net Assets:** $707241107.03

**Delayed Delivery Securities:** $9688616.40

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -1430.47000000 | **1-Year:** -25368.59000000 | **5-Year:** -123299.12000000 | **10-Year:** -264816.26000000 | **30-Year:** -31622.60000000

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

- **3-Month:** -31.75000000 | **1-Year:** -256.89000000 | **5-Year:** -1446.63000000 | **10-Year:** -640.81000000 | **30-Year:** 0.00000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000081348 | 0.25%                | 1.01%                | 0.00%                |
| Class ID C000081350 | 0.27%                | 1.03%                | 0.02%                |
| Class ID C000081349 | 0.27%                | 0.86%                | -0.06%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-320434.56              | $649945.85                                 |
| Month 2  | $-830660.54              | $5874645.06                                |
| Month 3  | $-717220.51              | $-1158225.38                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Town of Dedham MA                                                                | DEDHAM MA                                                           | CUSIP: 243667S86<br>LEI: 549300T2RPE961NCRY75 | Long             | DBT              | MUN               | US        |    775000 | PA      | $731589.69    | 0.10%             | 2036-04-01      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| Seattle Housing Authority                                                        | SEATTLE WA HSG AUTH                                                 | CUSIP: 812636ML9<br>LEI: 5493003LM6XXXMFX5M88 | Long             | DBT              | MUN               | US        |   7675000 | PA      | $7503895.09   | 1.06%             | 2026-06-01      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| City of Fairfield CA                                                             | FAIRFIELD CA COPS                                                   | CUSIP: 304198FK5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $3071612.00   | 0.43%             | 2037-04-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| San Jacinto Community College District                                           | SAN JACINTO TX CMNTY CLG DIST                                       | CUSIP: 798025RP9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1445000 | PA      | $1481188.58   | 0.21%             | 2034-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                         | MASSACHUSETTS ST DEV FIN AGY REVENUE                                | CUSIP: 57585BKD9<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2267424.80   | 0.32%             | 2055-11-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| State of California                                                              | CALIFORNIA ST                                                       | CUSIP: 13063DWY0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4255000 | PA      | $3925592.37   | 0.56%             | 2035-11-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Glen Rose Independent School District                                            | GLEN ROSE TX INDEP SCH DIST                                         | CUSIP: 377856JY6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    330000 | PA      | $354623.68    | 0.05%             | 2034-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Water Development Board                                                    | TEXAS ST WTR DEV BRD                                                | CUSIP: 882854B27<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $494573.30    | 0.07%             | 2036-10-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Rapid City SD Water Revenue                                              | RAPID CITY SD WTR REVENUE                                           | CUSIP: 753387CJ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    670000 | PA      | $671429.38    | 0.09%             | 2030-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Fairfield CA                                                             | FAIRFIELD CA COPS                                                   | CUSIP: 304198GA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $726233.70    | 0.10%             | 2034-04-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                             | TRIBOROUGH NY BRIDGE & TUNNEL AUTH REAL ESTATE TRANSFER TAX         | CUSIP: 896032AT6<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |   1985000 | PA      | $2054458.13   | 0.29%             | 2042-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Clark NV                                                               | CLARK CNTY NV                                                       | CUSIP: 180848SY0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    175000 | PA      | $174983.38    | 0.02%             | 2036-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| County of Union NC                                                               | UNION CNTY NC                                                       | CUSIP: 906395Z92<br>LEI: 5493007ESG9QHLUW6165 | Long             | DBT              | MUN               | US        |    985000 | PA      | $896580.10    | 0.13%             | 2036-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Burbank Unified School District                                                  | BURBANK CA UNIF SCH DIST                                            | CUSIP: 12082SCB8<br>LEI: 54930068ZHOQ5PICU256 | Long             | DBT              | MUN               | US        |    900000 | PA      | $911627.10    | 0.13%             | 2036-08-01      | Floating      | 4.45%                 | No            |                  2 | On Loan: No      |
| Will County Community Unit School District No 365-U Valley View                  | WILL CNTY IL CMNTY UNIT SCH DIST #365 VLY VIEW                      | CUSIP: 969078SR6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    360000 | PA      | $361780.85    | 0.05%             | 2030-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Town of Lexington MA                                                             | LEXINGTON MA                                                        | CUSIP: 529284S44<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1195000 | PA      | $1123852.69   | 0.16%             | 2036-02-15      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| United Independent School District/TX                                            | UNITED TX INDEP SCH DIST                                            | CUSIP: 9106782G5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $599201.52    | 0.08%             | 2037-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Marquette Board of Light & Power                                                 | MARQUETTE MI BRD OF LIGHT & PWR ELEC UTILITY SYS REVENUE            | CUSIP: 571498CP7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    735000 | PA      | $748933.98    | 0.11%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Belding Area Schools                                                             | BELDING MI AREA SCHS                                                | CUSIP: 077527KG3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    225000 | PA      | $228712.28    | 0.03%             | 2030-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Health Care Facilities Financing Authority                            | NEW JERSEY ST HLTH CARE FACS FING AUTH REVENUE                      | CUSIP: 64579F8H9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    275000 | PA      | $279719.25    | 0.04%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                             | TRIBOROUGH NY BRIDGE & TUNNEL AUTH PAYROLL MOBILITY TAX             | CUSIP: 89602HGF8<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1082346.90   | 0.15%             | 2039-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Romulus MI                                                               | ROMULUS MI                                                          | CUSIP: 776195GH6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $250306.48    | 0.04%             | 2033-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Illinois State Toll Highway Authority                                            | ILLINOIS ST TOLL HIGHWAY AUTH                                       | CUSIP: 452252LG2<br>LEI: 549300ISBFGI8MJJKM98 | Long             | DBT              | MUN               | US        |    350000 | PA      | $352227.40    | 0.05%             | 2032-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Idaho Health Facilities Authority                                                | IDAHO ST HLTH FACS AUTH REVENUE                                     | CUSIP: 451295H69<br>LEI: 549300X43KY1C2WW0J97 | Long             | DBT              | MUN               | US        |   3750000 | PA      | $4029723.00   | 0.57%             | 2060-03-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Environmental Facilities Corp                                     | NEW YORK ST ENVRNMNTL FACS CORP ST CLEAN WTR & DRINKING WTR         | CUSIP: 64986DJN6<br>LEI: 549300QJ33JJW73OQO60 | Long             | DBT              | MUN               | US        |    155000 | PA      | $156010.83    | 0.02%             | 2037-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Romulus MI                                                               | ROMULUS MI                                                          | CUSIP: 776195GG8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $100223.08    | 0.01%             | 2032-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Boerne Independent School District                                               | BOERNE TX INDEP SCH DIST                                            | CUSIP: 097067LW0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $990238.10    | 0.14%             | 2037-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas Inc                                                      | MAIN STREET NATURAL GAS INC GA GAS SUPPLY REVENUE                   | CUSIP: 56035DDX7<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |  23115000 | PA      | $23151822.20  | 3.27%             | 2052-09-01      | Floating      | 4.00%                 | No            |                  2 | On Loan: No      |
| Vermont Municipal Bond Bank                                                      | VERMONT ST MUNI BOND BANK                                           | CUSIP: 924214V30<br>LEI: 54930081EMY8D1GYM846 | Long             | DBT              | MUN               | US        |     25000 | PA      | $23049.60     | 0.00%             | 2035-10-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Washington Suburban Sanitary Commission                                          | WASHINGTON SUBURBAN SAN DIST MD                                     | CUSIP: 940158AN8<br>LEI: 549300EZUWNTQF827C24 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1708229.00   | 0.24%             | 2034-06-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Millbrae School District                                                         | MILLBRAE CA SCH DIST                                                | CUSIP: 60012PEN0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    265000 | PA      | $241017.13    | 0.03%             | 2033-07-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Multnomah County School District No 40                                           | MULTNOMAH CNTY OR SCH DIST #40                                      | CUSIP: 625693HZ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $591181.50    | 0.08%             | 2037-06-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Hamburg Municipal Authority of Berks County                                      | HAMBURG PA MUNI AUTH                                                | CUSIP: 406666FK8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     45000 | PA      | $40404.27     | 0.01%             | 2032-10-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Cypress-Fairbanks Independent School District                                    | CYPRESS-FAIRBANKS TX INDEP SCH DIST                                 | CUSIP: 232769LG2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2235000 | PA      | $2438794.01   | 0.34%             | 2035-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue          | NEW YORK CITY NY TRANSITIONAL FIN AUTH REVENUE                      | CUSIP: 64971WS27<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1995000 | PA      | $1947422.04   | 0.28%             | 2037-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | ILLINOIS ST FIN AUTH REVENUE                                        | CUSIP: 45203HR87<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000458.30   | 0.14%             | 2031-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Vermont Educational & Health Buildings Financing Agency                          | VERMONT ST EDUCTNL & HLTH BLDGS FING AGY REVENUE                    | CUSIP: 924166HF1<br>LEI: 549300ZC1ZW1EUIIV708 | Long             | DBT              | MUN               | US        |     65000 | PA      | $66003.85     | 0.01%             | 2028-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington State Housing Finance Commission                                      | WASHINGTON ST HSG FIN COMMISSION NONPROFIT HSG REVENUE              | CUSIP: 939783Q58<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |   1580000 | PA      | $1608645.72   | 0.23%             | 2038-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Loudoun VA                                                             | LOUDOUN CNTY VA                                                     | CUSIP: 54589TGZ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    910000 | PA      | $851728.70    | 0.12%             | 2035-12-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| City of Athens AL                                                                | ATHENS AL                                                           | CUSIP: 046861J43<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $223932.06    | 0.03%             | 2033-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Harrisburg School District No 41-2                                               | HARRISBURG SD INDEP SCH DIST #41-2                                  | CUSIP: 414834VL2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1305000 | PA      | $1112080.41   | 0.16%             | 2033-08-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| State of Nevada                                                                  | NEVADA ST                                                           | CUSIP: 641462HV1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1800000 | PA      | $1339973.82   | 0.19%             | 2038-05-01      | Fixed         | 2.12%                 | No            |                  2 | On Loan: No      |
| City of Garland TX Electric Utility System Revenue                               | GARLAND TX ELEC UTILITY SYS REVENUE                                 | CUSIP: 366133KY1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $252218.20    | 0.04%             | 2032-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indianapolis Local Public Improvement Bond Bank                                  | INDIANAPOLIS IN LOCAL PUBLIC IMPT BOND BANK                         | CUSIP: 45528UT27<br>LEI: 549300LX8ESJHDSESB87 | Long             | DBT              | MUN               | US        |  10855000 | PA      | $10915063.97  | 1.54%             | 2036-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Tahoe-Truckee Unified School District                                            | TAHOE-TRUCKEE CA UNIF SCH DIST                                      | CUSIP: 873885CC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     90000 | PA      | $91824.01     | 0.01%             | 2031-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Racine WI                                                              | RACINE CNTY WI                                                      | CUSIP: 749845B44<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    320000 | PA      | $197305.15    | 0.03%             | 2038-03-01      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| Indiana Housing & Community Development Authority                                | INDIANA ST HSG & CMNTY DEV AUTH SF MTGE REVENUE                     | CUSIP: 45505TYA3<br>LEI: 549300QRKDYVNHT1OE86 | Long             | DBT              | MUN               | US        |   3035000 | PA      | $3054441.60   | 0.43%             | 2037-07-01      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| Philadelphia Energy Authority/The                                                | PHILADELPHIA PA ENERGY AUTH                                         | CUSIP: 71780UAR1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $769198.05    | 0.11%             | 2043-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Maryland                                                                | MARYLAND ST                                                         | CUSIP: 574193XK9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5372419.00   | 0.76%             | 2040-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Unified School District/CA                                           | LOS ANGELES CA UNIF SCH DIST COPS                                   | CUSIP: 544648XA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1455000 | PA      | $1658730.12   | 0.23%             | 2038-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Nevada Highway Improvement Revenue                                      | NEVADA ST HIGHWAY IMPT REVENUE                                      | CUSIP: 641480LK2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    850000 | PA      | $695080.36    | 0.10%             | 2034-12-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Illinois Housing Development Authority                                           | ILLINOIS ST HSG DEV AUTH REVENUE                                    | CUSIP: 45203MSE2<br>LEI: 54930053Z6M9JVHBQZ16 | Long             | DBT              | MUN               | US        |   3045000 | PA      | $3375152.60   | 0.48%             | 2053-10-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| County of Fairfax VA                                                             | FAIRFAX CNTY VA                                                     | CUSIP: 30382APQ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4680000 | PA      | $4372687.80   | 0.62%             | 2042-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Clermont County Port Authority                                                   | CLERMONT CNTY OH PORT AUTH LEASE REVENUE                            | CUSIP: 18571QAL7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $100642.98    | 0.01%             | 2029-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Carolina Medical Care Commission                                           | NORTH CAROLINA ST MED CARE COMMISSION RETMNT FACS REVENUE           | CUSIP: 65820YLS3<br>LEI: 549300FH6KOXGCHQYG81 | Long             | DBT              | MUN               | US        |     10000 | PA      | $10156.55     | 0.00%             | 2030-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Newport Mesa Unified School District                                             | NEWPORT MESA CA UNIF SCH DIST                                       | CUSIP: 652113WM9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3435000 | PA      | $2404892.96   | 0.34%             | 2035-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Municipal Electric Authority of Georgia                                          | MUNI ELEC AUTH OF GA                                                | CUSIP: 62620HGZ9<br>LEI: JA0WNILDDF2KUPS83B16 | Long             | DBT              | MUN               | US        |    465000 | PA      | $518084.07    | 0.07%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Brownsville TX Utilities System Revenue                                  | BROWNSVILLE TX UTILITY SYS REVENUE                                  | CUSIP: 116475S62<br>LEI: 549300ZLUVMJ8K0OEK50 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1001572.60   | 0.14%             | 2029-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tuloso-Midway Independent School District/TX                                     | TULOSO-MIDWAY TX INDEP SCH DIST                                     | CUSIP: 899474XY1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    310000 | PA      | $310149.54    | 0.04%             | 2029-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Merriam KS                                                               | MERRIAM KS                                                          | CUSIP: 590111KX7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2970156.60   | 0.42%             | 2040-08-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| City of Round Rock TX                                                            | ROUND ROCK TX                                                       | CUSIP: 779223FQ4<br>LEI: 549300VJM2Z2IGVYF523 | Long             | DBT              | MUN               | US        |    725000 | PA      | $703618.81    | 0.10%             | 2038-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| County of Miami-Dade FL                                                          | MIAMI-DADE CNTY FL SPL OBLIG                                        | CUSIP: 59333NA86<br>LEI: 549300QG0NBD9HULR263 | Long             | DBT              | MUN               | US        |    950000 | PA      | $965722.60    | 0.14%             | 2030-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Clark NV                                                               | CLARK CNTY NV                                                       | CUSIP: 180848YY3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1820000 | PA      | $1822045.32   | 0.26%             | 2035-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Cedar Port Navigation & Improvement District                                     | CHAMBERS CNTY TX IMPT DIST #1                                       | CUSIP: 157792QQ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1109942.68   | 0.16%             | 2032-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Richmond VA                                                              | RICHMOND VA                                                         | CUSIP: 76541VVS3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7845000 | PA      | $6398210.19   | 0.90%             | 2037-07-15      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| Oklahoma Agricultural & Mechanical Colleges                                      | OKLAHOMA ST AGRIC & MECH CLGSREVENUE                                | CUSIP: 678505GS1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1155000 | PA      | $1159310.11   | 0.16%             | 2034-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| County of Grand Forks ND                                                         | GRAND FORKS CNTY ND                                                 | CUSIP: 385424JB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    345000 | PA      | $365320.02    | 0.05%             | 2035-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Roseville Joint Union High School District                                       | ROSEVILLE CA JT UNION HIGH SCH DIST                                 | CUSIP: 777849VP2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    225000 | PA      | $115195.25    | 0.02%             | 2039-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI POLL CONTROL REVENUE                             | CUSIP: 74447HAA6<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   2620000 | PA      | $2647187.74   | 0.37%             | 2046-10-01      | Floating      | 3.70%                 | No            |                  2 | On Loan: No      |
| Louisiana Local Government Environmental Facilities & Community Development Auth | LOUISIANA ST LOCAL GOVT ENVRNMNTL FACS & CMNTY DEV AUTH             | CUSIP: 5462823P7<br>LEI: 5493004WIZ1HV87IVF85 | Long             | DBT              | MUN               | US        |    500000 | PA      | $505975.50    | 0.07%             | 2027-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Virginia Housing Development Authority                                           | VIRGINIA ST HSG DEV AUTH                                            | CUSIP: 92812VJH0<br>LEI: 549300LW3QBOVLQBP895 | Long             | DBT              | MUN               | US        |     90000 | PA      | $89279.62     | 0.01%             | 2027-05-01      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| Empire State Development Corp                                                    | NEW YORK ST URBAN DEV CORP REVENUE                                  | CUSIP: 650036DD5<br>LEI: 54930039Y2EMGXN6LM88 | Long             | DBT              | MUN               | US        |   2900000 | PA      | $2764853.33   | 0.39%             | 2039-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| State of New York Mortgage Agency                                                | NEW YORK ST MTGE AGY REVENUE                                        | CUSIP: 64988RHQ8<br>LEI: 549300ZQWNLLIG564027 | Long             | DBT              | MUN               | US        |     95000 | PA      | $95021.18     | 0.01%             | 2032-04-01      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| City of Dallas TX Waterworks & Sewer System Revenue                              | DALLAS TX WTRWKS & SWR SYS REVENUE                                  | CUSIP: 23542JFT7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    800000 | PA      | $783950.16    | 0.11%             | 2037-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Portland ME                                                              | PORTLAND ME                                                         | CUSIP: 736560TJ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1690000 | PA      | $1448505.25   | 0.20%             | 2035-04-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| State of Washington                                                              | WASHINGTON ST                                                       | CUSIP: 93974EAT3<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |   3925000 | PA      | $4039101.71   | 0.57%             | 2040-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Connecticut                                                             | CONNECTICUT ST                                                      | CUSIP: 20772KA33<br>LEI: 549300PHW5BZHA7BEX81 | Long             | DBT              | MUN               | US        |    750000 | PA      | $850608.38    | 0.12%             | 2035-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Town of Kennebunk ME                                                             | KENNEBUNK ME                                                        | CUSIP: 489278FU0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $474462.90    | 0.07%             | 2035-10-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| State of Florida                                                                 | FLORIDA ST                                                          | CUSIP: 34115PAM7<br>LEI: 5493004G5XFOOUT0LQ57 | Long             | DBT              | MUN               | US        |   1535000 | PA      | $1282486.21   | 0.18%             | 2033-07-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue          | NEW YORK CITY NY TRANSITIONAL FIN AUTH REVENUE                      | CUSIP: 64971XXR4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    310000 | PA      | $297531.52    | 0.04%             | 2038-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| State of Delaware                                                                | DELAWARE ST                                                         | CUSIP: 246381TN7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1370000 | PA      | $1518050.69   | 0.21%             | 2037-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Dakota Housing Development Authority                                       | SOUTH DAKOTA ST HSG DEV AUTH                                        | CUSIP: 83756LAC9<br>LEI: 549300G853EK61667C18 | Long             | DBT              | MUN               | US        |   4420000 | PA      | $4829072.77   | 0.68%             | 2055-05-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| State of Maryland Department of Transportation                                   | MARYLAND ST DEPT OF TRANSPRTN CONSOL TRANSPRTN                      | CUSIP: 574204R70<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4730000 | PA      | $4687422.43   | 0.66%             | 2031-10-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Rialto Unified School District                                                   | RIALTO CA UNIF SCH DIST                                             | CUSIP: 762494SF0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $316693.65    | 0.04%             | 2036-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Monrovia Unified School District/CA                                              | MONROVIA CA UNIF SCH DIST                                           | CUSIP: 611594JX1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3550000 | PA      | $2581991.33   | 0.37%             | 2034-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| City of Center City MN                                                           | CENTER CITY MN HLTH CARE FACSREVENUE                                | CUSIP: 151452CN7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    365000 | PA      | $381039.41    | 0.05%             | 2038-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Miami-Dade FL                                                          | MIAMI-DADE CNTY FL SPL OBLIG                                        | CUSIP: 59333NA94<br>LEI: 549300QG0NBD9HULR263 | Long             | DBT              | MUN               | US        |    895000 | PA      | $908737.18    | 0.13%             | 2031-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Roseville Joint Union High School District                                       | ROSEVILLE CA JT UNION HIGH SCH DIST                                 | CUSIP: 777849VN7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    210000 | PA      | $114540.01    | 0.02%             | 2038-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Lee County School Board/The                                                      | LEE CNTY FL SCH BRD COPS                                            | CUSIP: 523494PT3<br>LEI: 54930014H67DITNA1Q29 | Long             | DBT              | MUN               | US        |   1495000 | PA      | $1527118.28   | 0.22%             | 2032-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Bexar TX                                                               | BEXAR CNTY TX                                                       | CUSIP: 088281VW7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5950000 | PA      | $5941114.87   | 0.84%             | 2030-06-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Virginia Small Business Financing Authority                                      | VIRGINIA ST SMALL BUSINESS FING AUTH RSDL FAC CARE REVENUE          | CUSIP: 928103AW0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3055675.50   | 0.43%             | 2039-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Cedar Port Navigation & Improvement District                                     | CHAMBERS CNTY TX IMPT DIST #1                                       | CUSIP: 157792QS4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1001070.90   | 0.14%             | 2034-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Cobb County Kennestone Hospital Authority                                        | COBB CNTY GA KENNESTONE HOSP AUTH                                   | CUSIP: 190813RU1<br>LEI: 549300TB04LETJYNFR44 | Long             | DBT              | MUN               | US        |    100000 | PA      | $99062.37     | 0.01%             | 2034-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| University of Kansas Hospital Authority                                          | UNIV OF KANSAS KS HOSP AUTH HLTH FACS REVENUE                       | CUSIP: 914367CY1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1505000 | PA      | $1507760.02   | 0.21%             | 2027-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                  | CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE         | CUSIP: 13013JBJ4<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   5300000 | PA      | $5325900.57   | 0.75%             | 2053-05-01      | Floating      | 4.00%                 | No            |                  2 | On Loan: No      |
| Allegheny County Higher Education Building Authority                             | ALLEGHENY CNTY PA HGR EDU BLDG AUTH CLG REVENUE                     | CUSIP: 01729EKZ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2750000 | PA      | $2743787.48   | 0.39%             | 2033-02-01      | Floating      | 3.34%                 | No            |                  2 | On Loan: No      |
| City of Memphis TN Sanitary Sewerage System Revenue                              | MEMPHIS TN SANTN SWR SYS REVENUE                                    | CUSIP: 586200RM1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1700000 | PA      | $1706565.74   | 0.24%             | 2032-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Houston TX                                                               | HOUSTON TX                                                          | CUSIP: 442331V50<br>LEI: 549300C64URYS0WQQY42 | Long             | DBT              | MUN               | US        |   1730000 | PA      | $1693739.03   | 0.24%             | 2037-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Alameda Corridor Transportation Authority                                        | ALAMEDA CA CORRIDOR TRANSPRTN AUTH REVENUE                          | CUSIP: 010869JQ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $2759713.00   | 0.39%             | 2050-10-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Channelview Independent School District                                          | CHANNELVIEW TX INDEP SCH DIST                                       | CUSIP: 159195YQ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $424939.00    | 0.06%             | 2035-08-15      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| Municipal Electric Authority of Georgia                                          | MUNI ELEC AUTH OF GA                                                | CUSIP: 62620HHB1<br>LEI: JA0WNILDDF2KUPS83B16 | Long             | DBT              | MUN               | US        |    365000 | PA      | $401761.05    | 0.06%             | 2034-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Housing & Economic Development Authority Home Ownership Revenue        | WISCONSIN ST HSG & ECON DEV AUTH HOME OWNERSHIP REVENUE             | CUSIP: 97689QTU0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5800000 | PA      | $6272735.38   | 0.89%             | 2054-09-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| United Independent School District/TX                                            | UNITED TX INDEP SCH DIST                                            | CUSIP: 9106782C4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $353180.94    | 0.05%             | 2033-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| County of Baltimore MD                                                           | BALTIMORE CNTY MD REVENUE                                           | CUSIP: 059151DA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $603318.12    | 0.09%             | 2033-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Southside Independent School District                                            | SOUTHSIDE TX INDEP SCH DIST                                         | CUSIP: 844725TX9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $496504.30    | 0.07%             | 2035-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Chaffey Joint Union High School District                                         | CHAFFEY CA JT UNION HIGH SCH DIST                                   | CUSIP: 157411WP0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    175000 | PA      | $111189.65    | 0.02%             | 2036-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Cedar Port Navigation & Improvement District                                     | CHAMBERS CNTY TX IMPT DIST #1                                       | CUSIP: 157792QR6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1004943.40   | 0.14%             | 2033-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Louisville/Jefferson County Metropolitan Government                              | LOUISVILLE & JEFFERSON CNTY KY MET GOVT HLTH SYS REVENUE            | CUSIP: 54659LBQ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2027442.80   | 0.29%             | 2032-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Travis TX                                                              | TRAVIS CNTY TX                                                      | CUSIP: 89453PD30<br>LEI: 549300HEC6MNL5465K30 | Long             | DBT              | MUN               | US        |   1565000 | PA      | $1400737.29   | 0.20%             | 2038-03-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Wichita Falls Independent School District                                        | WICHITA FALLS TX INDEP SCH DIST                                     | CUSIP: 967171RC5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2220000 | PA      | $1882454.33   | 0.27%             | 2038-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Medina Valley Independent School District                                        | MEDINA VLY TX INDEP SCH DIST                                        | CUSIP: 584887TL7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    325000 | PA      | $333165.07    | 0.05%             | 2035-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Alameda Corridor Transportation Authority                                        | ALAMEDA CA CORRIDOR TRANSPRTN AUTH REVENUE                          | CUSIP: 010869JT3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7000000 | PA      | $3882799.90   | 0.55%             | 2049-10-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| City of Santa Maria CA Water & Wastewater Revenue                                | SANTA MARIA CA WTR & WSTWTR REVENUE                                 | CUSIP: 80234TBQ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2015000 | PA      | $1911274.85   | 0.27%             | 2035-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Connecticut Housing Finance Authority                                            | CONNECTICUT ST HSG FIN AUTH HSG MTGE FIN PROGRAM                    | CUSIP: 20775HFN8<br>LEI: 5493003DXX0NRJKSH186 | Long             | DBT              | MUN               | US        |   1220000 | PA      | $1085606.39   | 0.15%             | 2031-05-15      | Fixed         | 1.45%                 | No            |                  2 | On Loan: No      |
| Glen Rose Independent School District                                            | GLEN ROSE TX INDEP SCH DIST                                         | CUSIP: 377856JX8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1020000 | PA      | $1104084.82   | 0.16%             | 2033-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of California                                                              | CALIFORNIA ST                                                       | CUSIP: 13063DY93<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1035284.60   | 0.15%             | 2037-12-01      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| County of Knox TN                                                                | KNOX CNTY TN                                                        | CUSIP: 499513EW5<br>LEI: 549300WT27UFXOLT2D56 | Long             | DBT              | MUN               | US        |   2925000 | PA      | $2686711.37   | 0.38%             | 2035-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| City of College Station TX                                                       | COLLEGE STATION TX                                                  | CUSIP: 194469HK1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    865000 | PA      | $822570.37    | 0.12%             | 2035-02-15      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| Downtown Revitalization Public Infrastructure District                           | DOWNTOWN REVITALIZATION PUBLIC INFRASTRUCTURE DIST UT SALES         | CUSIP: 26118TBM1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1350000 | PA      | $1442502.68   | 0.20%             | 2039-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Washington                                                              | WASHINGTON ST                                                       | CUSIP: 93974EAS5<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |   1205000 | PA      | $1245350.63   | 0.18%             | 2039-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Orleans Aviation Board                                                       | NEW ORLEANS LA AVIATION BRD GULF OPPORTUNITY ZONE CFC REVENU        | CUSIP: 64763XAU4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1030163.40   | 0.15%             | 2034-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Health & Educational Facilities Authority of the State of Missouri               | MISSOURI ST HLTH & EDUCTNL FACS AUTH HLTH FACS REVENUE              | CUSIP: 60637AHT2<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |    440000 | PA      | $441799.60    | 0.06%             | 2031-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Statewide Communities Development Authority                           | CALIFORNIA STWD CMNTYS DEV AUTH REVENUE                             | CUSIP: 13080SGR9<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |    100000 | PA      | $100396.77    | 0.01%             | 2025-10-01      | 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: 191810JB7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1810000 | PA      | $1438362.11   | 0.20%             | 2034-07-01      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| City of McKinney TX                                                              | MCKINNEY TX                                                         | CUSIP: 58178CAR8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2080000 | PA      | $1796751.01   | 0.25%             | 2035-08-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Tennessee Housing Development Agency                                             | TENNESSEE HSG DEV AGY RSDL FIN PROGRAM REVENUE                      | CUSIP: 88046KGW0<br>LEI: 25490004PSQYQLFJGI76 | Long             | DBT              | MUN               | US        |   2470000 | PA      | $2694341.70   | 0.38%             | 2054-01-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Town of Brookline MA                                                             | BROOKLINE MA                                                        | CUSIP: 1137454G5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1445000 | PA      | $1422534.01   | 0.20%             | 2033-03-15      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| Yosemite Community College District                                              | YOSEMITE CA CMNTY CLG DIST                                          | CUSIP: 987388DP7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    165000 | PA      | $101236.94    | 0.01%             | 2037-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Philadelphia Energy Authority/The                                                | PHILADELPHIA PA ENERGY AUTH                                         | CUSIP: 71780UAF7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    850000 | PA      | $949634.20    | 0.13%             | 2033-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of San Francisco CA Public Utilities Commission Water Revenue               | SAN FRANCISCO CA CITY & CNTY PUB UTILS COMMN WTR REVENUE            | CUSIP: 79771FMC8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2250000 | PA      | $2548321.43   | 0.36%             | 2040-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ohio State University/The                                                        | OHIO ST UNIV                                                        | CUSIP: 677632M81<br>LEI: JFC10ZULKO4X2E3HBY86 | Long             | DBT              | MUN               | US        |    765000 | PA      | $747971.71    | 0.11%             | 2038-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| El Paso Independent School District                                              | EL PASO TX INDEP SCH DIST                                           | CUSIP: 283770JY2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $500462.75    | 0.07%             | 2034-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| State of Connecticut                                                             | CONNECTICUT ST                                                      | CUSIP: 20772KC80<br>LEI: 549300PHW5BZHA7BEX81 | Long             | DBT              | MUN               | US        |   1015000 | PA      | $1150204.29   | 0.16%             | 2035-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Vestavia Hills AL                                                        | VESTAVIA HILLS AL                                                   | CUSIP: 925479QW0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    800000 | PA      | $804746.40    | 0.11%             | 2035-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | NEW YORK ST DORM AUTH ST PERSONAL INCOME TAX REVENUE                | CUSIP: 64990KGM9<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   1840000 | PA      | $1944620.93   | 0.27%             | 2040-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Municipal Electric Authority of Georgia                                          | MUNI ELEC AUTH OF GA                                                | CUSIP: 62620HHF2<br>LEI: JA0WNILDDF2KUPS83B16 | Long             | DBT              | MUN               | US        |    405000 | PA      | $427824.59    | 0.06%             | 2038-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI LEASE DEV REVENUE                                | CUSIP: 74444YAM6<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    500000 | PA      | $505447.20    | 0.07%             | 2029-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Center City MN                                                           | CENTER CITY MN HLTH CARE FACSREVENUE                                | CUSIP: 151452CK3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    320000 | PA      | $342311.23    | 0.05%             | 2035-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Tukwila WA                                                               | TUKWILA WA                                                          | CUSIP: 899052MA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $502388.95    | 0.07%             | 2035-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Grosse Pointe Public School System                                               | GROSSE POINTE MI PUBLIC SCH SYS                                     | CUSIP: 399100LQ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1580000 | PA      | $1405013.10   | 0.20%             | 2036-05-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Vermont Educational & Health Buildings Financing Agency                          | VERMONT ST EDUCTNL & HLTH BLDGS FING AGY REVENUE                    | CUSIP: 924166HC8<br>LEI: 549300ZC1ZW1EUIIV708 | Long             | DBT              | MUN               | US        |    285000 | PA      | $286738.44    | 0.04%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Umatilla County School District No 16R Pendleton                                 | UMATILLA CNTY OR SCH DIST #16 R PENDLETON                           | CUSIP: 904139CN0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    790000 | PA      | $747045.33    | 0.11%             | 2027-06-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Louisville/Jefferson County Metropolitan Government                              | LOUISVILLE & JEFFERSON CNTY KY MET GOVT HLTH SYS REVENUE            | CUSIP: 54659LBN3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2036477.80   | 0.29%             | 2030-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lancaster Municipal Authority                                                    | LANCASTER PA MUNI AUTH HLTHCARE FACS REVENUE                        | CUSIP: 514350AG2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    205000 | PA      | $218868.00    | 0.03%             | 2031-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Oregon                                                                  | OREGON ST                                                           | CUSIP: 68609UTQ8<br>LEI: 549300R5SUGZRD8KP359 | Long             | DBT              | MUN               | US        |   2875000 | PA      | $2960866.48   | 0.42%             | 2040-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Lincoln NE Sanitary Sewer Revenue                                        | LINCOLN NE SANTN SWR REVENUE                                        | CUSIP: 534323KS8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    615000 | PA      | $556526.66    | 0.08%             | 2035-06-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Mildred Independent School District                                              | MILDRED TX INDEP SCH DIST                                           | CUSIP: 599198FT0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    425000 | PA      | $391983.66    | 0.06%             | 2035-02-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs-Economic Development Authority                               | SOUTH CAROLINA ST JOBS-ECON DEV AUTH HLTH FACS REVENUE              | CUSIP: 837032BJ9<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |   3220000 | PA      | $3549211.83   | 0.50%             | 2031-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Poway Unified School District                                                    | POWAY CA UNIF SCH DIST                                              | CUSIP: 738850RA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $690430.70    | 0.10%             | 2035-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| City of Richmond VA                                                              | RICHMOND VA                                                         | CUSIP: 76541VVT1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7980000 | PA      | $6366294.77   | 0.90%             | 2038-07-15      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                              | WISCONSIN ST HLTH & EDUCTNL FACS AUTH REVENUE                       | CUSIP: 97712DXE1<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |    400000 | PA      | $407154.84    | 0.06%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chaffey Joint Union High School District                                         | CHAFFEY CA JT UNION HIGH SCH DIST                                   | CUSIP: 157411WR6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    325000 | PA      | $182289.80    | 0.03%             | 2038-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| City of Somerville MA                                                            | SOMERVILLE MA                                                       | CUSIP: 8352404W9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4150000 | PA      | $3330850.59   | 0.47%             | 2034-10-15      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| Frenship Independent School District                                             | FRENSHIP TX INDEP SCH DIST                                          | CUSIP: 357866B84<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1790000 | PA      | $1619157.75   | 0.23%             | 2036-02-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Buffalo & Erie County Industrial Land Development Corp                           | BUFFALO & ERIE CNTY NY INDL LAND DEV CORP REVENUE                   | CUSIP: 11943KCN0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $50179.95     | 0.01%             | 2028-11-15      | 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: 191810HZ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    930000 | PA      | $773844.17    | 0.11%             | 2032-07-01      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| Auburn School District No 408 of King & Pierce Counties                          | KING & PIERCE CNTY WA SCH DIST #408 AUBURN                          | CUSIP: 494619DY2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    775000 | PA      | $775644.96    | 0.11%             | 2035-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| State of Colorado Department of Transportation                                   | COLORADO ST DEPT OF TRANSPRTN HEADQUARTERS FACS LEASE PURCHA        | CUSIP: 19645TAM9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $355920.08    | 0.05%             | 2030-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Massachusetts                                                    | MASSACHUSETTS ST                                                    | CUSIP: 57582RSF4<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |   5025000 | PA      | $5042448.31   | 0.71%             | 2036-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Portland OR Sewer System Revenue                                         | PORTLAND OR SWR SYS REVENUE                                         | CUSIP: 736742C62<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    710000 | PA      | $634733.68    | 0.09%             | 2037-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Municipal Bond Bank                                                | NEW HAMPSHIRE ST MUNI BOND BANK                                     | CUSIP: 64465QGB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1800000 | PA      | $1691608.68   | 0.24%             | 2034-08-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| City of Celina TX                                                                | CELINA TX                                                           | CUSIP: 151141XM5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2380000 | PA      | $1993447.78   | 0.28%             | 2032-09-01      | Fixed         | 1.62%                 | No            |                  2 | On Loan: No      |
| California Educational Facilities Authority                                      | CALIFORNIA ST EDUCTNL FACS AUTH REVENUE                             | CUSIP: 130179XC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1075000 | PA      | $1238284.12   | 0.18%             | 2055-03-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Institute of Technology/NJ                                            | NEW JERSEY INSTITUTE OF TECHNOLOGY                                  | CUSIP: 64579RDX2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1220000 | PA      | $1320691.72   | 0.19%             | 2039-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pearland Independent School District                                             | PEARLAND TX INDEP SCH DIST                                          | CUSIP: 704880AC7<br>LEI: 549300UU8ZB6DL6OXQ09 | Long             | DBT              | MUN               | US        |    250000 | PA      | $252318.18    | 0.04%             | 2035-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Health Care Facilities Financing Authority                            | NEW JERSEY ST HLTH CARE FACS FING AUTH REVENUE                      | CUSIP: 64579F8D8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $611543.70    | 0.09%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Colorado Department of Transportation                                   | COLORADO ST DEPT OF TRANSPRTN HEADQUARTERS FACS LEASE PURCHA        | CUSIP: 19645TAN7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    310000 | PA      | $315082.26    | 0.04%             | 2031-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Health & Educational Facilities Authority of the State of Missouri               | MISSOURI ST HLTH & EDUCTNL FACS AUTH                                | CUSIP: 60635H3X5<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |    800000 | PA      | $845386.72    | 0.12%             | 2032-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Colorado Housing and Finance Authority                                           | COLORADO ST HSG & FIN AUTH                                          | CUSIP: 19648GAV4<br>LEI: 5493005GIROYQAWBMC18 | Long             | DBT              | MUN               | US        |   4220000 | PA      | $4519791.75   | 0.64%             | 2053-11-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| United Independent School District/TX                                            | UNITED TX INDEP SCH DIST                                            | CUSIP: 9106782F7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    580000 | PA      | $581183.03    | 0.08%             | 2036-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Philadelphia Energy Authority/The                                                | PHILADELPHIA PA ENERGY AUTH                                         | CUSIP: 71780UAL4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    850000 | PA      | $900427.02    | 0.13%             | 2038-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port Authority of New York & New Jersey                                          | PORT AUTH OF NEW YORK & NEW JERSEY NY                               | CUSIP: 73358W4N1<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |   3185000 | PA      | $3128813.42   | 0.44%             | 2037-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Health & Educational Facilities Authority of the State of Missouri               | MISSOURI ST HLTH & EDUCTNL FACS AUTH                                | CUSIP: 60635H3Z0<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |    550000 | PA      | $577220.66    | 0.08%             | 2034-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Comal TX                                                               | COMAL CNTY TX                                                       | CUSIP: 199795PV1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5580000 | PA      | $5590982.00   | 0.79%             | 2033-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Romeo Community School District                                                  | ROMEO MI CMNTY SCH DIST                                             | CUSIP: 776134NN4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $711549.30    | 0.10%             | 2030-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Center City MN                                                           | CENTER CITY MN HLTH CARE FACSREVENUE                                | CUSIP: 151452CP2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    385000 | PA      | $398927.26    | 0.06%             | 2039-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Empire State Development Corp                                                    | NEW YORK ST URBAN DEV CORP REVENUE                                  | CUSIP: 650036CZ7<br>LEI: 54930039Y2EMGXN6LM88 | Long             | DBT              | MUN               | US        |   2885000 | PA      | $2896788.69   | 0.41%             | 2035-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California State University                                                      | CALIFORNIA ST UNIV REVENUE                                          | CUSIP: 13077DVY5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4410000 | PA      | $4712352.25   | 0.67%             | 2041-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chaffey Joint Union High School District                                         | CHAFFEY CA JT UNION HIGH SCH DIST                                   | CUSIP: 157411WN5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    175000 | PA      | $117803.70    | 0.02%             | 2035-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| State of Connecticut Special Tax Revenue                                         | CONNECTICUT ST SPL TAX OBLIG REVENUE                                | CUSIP: 207758Q22<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3204998.70   | 0.45%             | 2039-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| American Municipal Power Inc                                                     | AMERICAN MUNI PWR-OHIO INC OH REVENUE                               | CUSIP: 02765UQR8<br>LEI: EARKGGZJJEMVD66XQ486 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $999102.70    | 0.14%             | 2036-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Iowa City Community School District                                              | IOWA CITY IA CMNTY SCH DIST                                         | CUSIP: 462326JZ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2850000 | PA      | $2719280.19   | 0.38%             | 2030-06-01      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| West Lafayette School Building Corp                                              | WEST LAFAYETTE IN SCH BLDG CORP                                     | CUSIP: 95370PBH8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2800000 | PA      | $2870579.60   | 0.41%             | 2035-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                   | NEW JERSEY ST TRANSPRTN TRUST FUND AUTH                             | CUSIP: 64613CCC0<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   5250000 | PA      | $5552447.25   | 0.79%             | 2039-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Chaffey Joint Union High School District                                         | CHAFFEY CA JT UNION HIGH SCH DIST                                   | CUSIP: 157411VM8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    530000 | PA      | $415392.32    | 0.06%             | 2032-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| College Station Independent School District                                      | CLG STATION TX INDEP SCH DIST                                       | CUSIP: 194475UA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    320000 | PA      | $322116.19    | 0.05%             | 2032-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| United Independent School District/TX                                            | UNITED TX INDEP SCH DIST                                            | CUSIP: 9106782D2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    535000 | PA      | $538476.06    | 0.08%             | 2034-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Krum Independent School District                                                 | KRUM TX INDEP SCH DIST                                              | CUSIP: 501098RV1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    720000 | PA      | $715016.66    | 0.10%             | 2035-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Chicago O'Hare International Airport                                             | CHICAGO IL O'HARE INTERNATIONAL ARPT REVENUE                        | CUSIP: 167593XN7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2565000 | PA      | $2633449.33   | 0.37%             | 2032-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Montgomery County Municipal Utility District No 46                               | MONTGOMERY CNTY TX MUNI UTILITY DIST #46                            | CUSIP: 613910TY4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1295000 | PA      | $1295663.30   | 0.18%             | 2029-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Conroe TX                                                                | CONROE TX                                                           | CUSIP: 208400AS0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1895000 | PA      | $1857749.99   | 0.26%             | 2039-03-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Dallas Center-Grimes Community School District                                   | DALLAS CENTER IA GRIMES CMNTY SCH DIST                              | CUSIP: 234554JD6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    910000 | PA      | $813236.24    | 0.11%             | 2036-05-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| New Orleans Aviation Board                                                       | NEW ORLEANS LA AVIATION BRD                                         | CUSIP: 64763HGA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $154316.24    | 0.02%             | 2028-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Racine WI                                                              | RACINE CNTY WI                                                      | CUSIP: 749845B36<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    235000 | PA      | $147089.70    | 0.02%             | 2037-03-01      | Fixed         | 0.25%                 | No            |                  2 | On Loan: No      |
| Amarillo Independent School District                                             | AMARILLO TX INDEP SCH DIST                                          | CUSIP: 023051WH4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2725000 | PA      | $2698398.82   | 0.38%             | 2037-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York City Housing Development Corp                                           | NEW YORK CITY NY HSG DEV CORP MF HSG REVENUE                        | CUSIP: 64972CT60<br>LEI: 549300SQWVHKBRF8D702 | Long             | DBT              | MUN               | US        |     20000 | PA      | $19880.67     | 0.00%             | 2029-11-01      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| Highlands County School Board                                                    | HIGHLANDS CNTY FL SCH BRD                                           | CUSIP: 43102DDY1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $75140.11     | 0.01%             | 2027-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Clarke County Hospital Authority                                                 | CLARKE CNTY GA HOSP AUTH                                            | CUSIP: 181685JD1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    335000 | PA      | $340946.79    | 0.05%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Baltimore MD                                                           | BALTIMORE CNTY MD REVENUE                                           | CUSIP: 059151CZ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $353889.38    | 0.05%             | 2032-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| San Francisco City & County Public Utilities Commission Wastewater Revenue       | SAN FRANCISCO CITY & CNTY CA PUBLIC UTILS COMMISSION WSTWTR         | CUSIP: 79768HJC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    185000 | PA      | $187639.95    | 0.03%             | 2037-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Collier County Water-Sewer District                                              | COLLIER CNTY FL WTR-SWR DIST                                        | CUSIP: 222642KH2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $845604.00    | 0.12%             | 2038-07-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| State of Rhode Island                                                            | RHODE ISLAND ST                                                     | CUSIP: 762223LY9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    950000 | PA      | $731048.18    | 0.10%             | 2036-08-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Waldwick School District                                                         | WALDWICK NJ SCH DIST                                                | CUSIP: 931388DY5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1300000 | PA      | $981907.81    | 0.14%             | 2036-07-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Minnesota Housing Finance Agency                                                 | MINNESOTA ST HSG FIN AGY                                            | CUSIP: 60416S2A7<br>LEI: 549300R89XDTQBK4GE22 | Long             | DBT              | MUN               | US        |    240000 | PA      | $244982.06    | 0.03%             | 2034-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Salt Lake City UT Airport Revenue                                        | SALT LAKE CITY UT ARPT REVENUE                                      | CUSIP: 795576HW0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $624472.98    | 0.09%             | 2033-07-01      | 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: 11943KCQ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    910000 | PA      | $912919.55    | 0.13%             | 2030-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                              | NEW YORK NY                                                         | CUSIP: 64966QFK1<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |   1875000 | PA      | $1830696.00   | 0.26%             | 2037-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                       | LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE                           | CUSIP: 544445MQ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    225000 | PA      | $237921.21    | 0.03%             | 2033-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Grant & Douglas Counties School District No 144-101 Quincy                       | GRANT CNTY WA SCH DIST #144-101 QUINCY                              | CUSIP: 388010FG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    800000 | PA      | $800443.84    | 0.11%             | 2034-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Louisville and Jefferson County Metropolitan Sewer District                      | LOUISVILLE & JEFFERSON CNTY KY MET SWR DIST SWR & DRAIN SYS         | CUSIP: 546589U75<br>LEI: 5493004O4I11L8BK0A22 | Long             | DBT              | MUN               | US        |    220000 | PA      | $222136.95    | 0.03%             | 2036-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New Brunswick Parking Authority                                                  | NEW BRUNSWICK NJ PKG AUTH                                           | CUSIP: 642835NA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    175000 | PA      | $175338.80    | 0.02%             | 2027-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pasadena Independent School District                                             | PASADENA TX INDEP SCH DIST                                          | CUSIP: 702334FZ1<br>LEI: 549300QY114RR4MXVU24 | Long             | DBT              | MUN               | US        |   4840000 | PA      | $4748531.26   | 0.67%             | 2039-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Downtown Revitalization Public Infrastructure District                           | DOWNTOWN REVITALIZATION PUBLIC INFRASTRUCTURE DIST UT SALES         | CUSIP: 26118TBK5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1092240.90   | 0.15%             | 2037-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Rapid City SD Water Revenue                                              | RAPID CITY SD WTR REVENUE                                           | CUSIP: 753387CH0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $601658.88    | 0.09%             | 2029-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                           | CALIFORNIA ST MUNI FIN AUTH REVENUE                                 | CUSIP: 13048V2K3<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    415000 | PA      | $446301.50    | 0.06%             | 2034-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Multnomah-Clackamas Counties Centennial School District No 28JT/OR               | MULTNOMAH-CLACKAMAS CNTYS OR CENTENNIAL SCH DIST #28JT              | CUSIP: 625485DD6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    835000 | PA      | $897996.16    | 0.13%             | 2034-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Louisville/Jefferson County Metropolitan Government                              | LOUISVILLE & JEFFERSON CNTY KY MET GOVT HLTH SYS REVENUE            | CUSIP: 54659LBP8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1523712.45   | 0.22%             | 2031-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Roseville Joint Union High School District                                       | ROSEVILLE CA JT UNION HIGH SCH DIST                                 | CUSIP: 777849VM9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    175000 | PA      | $102084.10    | 0.01%             | 2037-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Housing Finance Agency                                              | PENNSYLVANIA ST HSG FIN AGY SF MTGE REVENUE                         | CUSIP: 70879QUM3<br>LEI: 549300JZVUPNWP77SP29 | Long             | DBT              | MUN               | US        |   5575000 | PA      | $6064603.19   | 0.86%             | 2053-10-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Louisiana Local Government Environmental Facilities & Community Development Auth | LOUISIANA ST LOCAL GOVT ENVRNMNTL FACS & CMNTY DEV AUTH             | CUSIP: 5462823R3<br>LEI: 5493004WIZ1HV87IVF85 | Long             | DBT              | MUN               | US        |    275000 | PA      | $279459.43    | 0.04%             | 2029-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Rialto Unified School District                                                   | RIALTO CA UNIF SCH DIST                                             | CUSIP: 762494SD5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    325000 | PA      | $230973.63    | 0.03%             | 2034-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| County of Hennepin MN                                                            | HENNEPIN CNTY MN                                                    | CUSIP: 425507FX3<br>LEI: 254900YDNULMQREFAU43 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1028488.20   | 0.15%             | 2033-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Knoxville TN                                                             | KNOXVILLE TN                                                        | CUSIP: 499731K30<br>LEI: 5493002KM0TCCHHCDT47 | Long             | DBT              | MUN               | US        |   3365000 | PA      | $2853384.73   | 0.40%             | 2039-05-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| County of Orange NC                                                              | ORANGE CNTY NC                                                      | CUSIP: 684609WX4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2575000 | PA      | $2413806.55   | 0.34%             | 2036-08-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| City of Sugar Land TX                                                            | SUGAR LAND TX                                                       | CUSIP: 864856EH8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1001824.20   | 0.14%             | 2036-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Connecticut State Health & Educational Facilities Authority                      | CONNECTICUT ST HLTH & EDUCTNL FACS AUTH REVENUE                     | CUSIP: 20775DKF8<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |    350000 | PA      | $359562.46    | 0.05%             | 2030-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Southeast Energy Authority A Cooperative District                                | SOUTHEAST ENERGY AUTH AL COMMODITY SPLY REVENUE                     | CUSIP: 84136FAV9<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |   2950000 | PA      | $2934192.43   | 0.41%             | 2051-12-01      | Floating      | 4.00%                 | No            |                  2 | On Loan: No      |
| Colonial School District                                                         | COLONIAL PA SCH DIST                                                | CUSIP: 195864RM7<br>LEI: 549300JW2ZL0JCXB3113 | Long             | DBT              | MUN               | US        |     50000 | PA      | $50044.30     | 0.01%             | 2033-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Waldwick School District                                                         | WALDWICK NJ SCH DIST                                                | CUSIP: 931388DX7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1270000 | PA      | $990931.72    | 0.14%             | 2035-07-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| California Health Facilities Financing Authority                                 | CALIFORNIA ST HLTH FACS FING AUTH REVENUE                           | CUSIP: 13032ULY2<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |    440000 | PA      | $456693.38    | 0.06%             | 2029-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Municipal Electric Authority of Georgia                                          | MUNI ELEC AUTH OF GA                                                | CUSIP: 62620HGX4<br>LEI: JA0WNILDDF2KUPS83B16 | Long             | DBT              | MUN               | US        |    120000 | PA      | $131746.94    | 0.02%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Anoka-Hennepin Independent School District No 11                                 | ANOKA-HENNEPIN MN INDEP SCH DIST #11                                | CUSIP: 0363034J1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    875000 | PA      | $778339.89    | 0.11%             | 2036-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| King County School District No 414 Lake Washington                               | KING CNTY WA SCH DIST #414 LAKE WASHINGTON                          | CUSIP: 495260J28<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1005411.30   | 0.14%             | 2034-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Municipal Electric Authority of Georgia                                          | MUNI ELEC AUTH OF GA                                                | CUSIP: 62620HGY2<br>LEI: JA0WNILDDF2KUPS83B16 | Long             | DBT              | MUN               | US        |    225000 | PA      | $249142.34    | 0.04%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Roseville Joint Union High School District                                       | ROSEVILLE CA JT UNION HIGH SCH DIST                                 | CUSIP: 777849VQ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    215000 | PA      | $103126.75    | 0.01%             | 2040-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Louisiana Public Facilities Authority                                            | LOUISIANA ST PUBLIC FACS AUTHREVENUE                                | CUSIP: 5463986C7<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |    495000 | PA      | $511113.54    | 0.07%             | 2027-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City & County of Honolulu HI                                                     | HONOLULU CITY & CNTY HI                                             | CUSIP: 438687CG8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $29650.39     | 0.00%             | 2031-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| University of Mississippi Educational Building Corp                              | UNIV MISSISSIPPI MS EDUCTNL BLDG CORP REVENUE                       | CUSIP: 914476VZ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1540000 | PA      | $1513470.27   | 0.21%             | 2038-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas Inc                                                      | MAIN STREET NATURAL GAS INC GA GAS SUPPLY REVENUE                   | CUSIP: 56035DFC1<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2639637.00   | 0.37%             | 2053-07-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Municipal Electric Authority of Georgia                                          | MUNI ELEC AUTH OF GA                                                | CUSIP: 62620HHD7<br>LEI: JA0WNILDDF2KUPS83B16 | Long             | DBT              | MUN               | US        |    500000 | PA      | $537538.80    | 0.08%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Iowa Finance Authority                                                           | IOWA ST FIN AUTH SF MTGE REVENUE                                    | CUSIP: 462467YW5<br>LEI: 549300NQVL49BTHOW391 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4000000.00   | 0.57%             | 2049-07-01      | Floating      | 2.34%                 | No            |                  2 | On Loan: No      |
| Falls City Independent School District                                           | FALLS CITY TX INDEP SCH DIST                                        | CUSIP: 306573DR4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    430000 | PA      | $430215.90    | 0.06%             | 2034-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Lane County School District No 40 Creswell                                       | LANE CNTY OR SCH DIST #40 CRESWELL                                  | CUSIP: 515354ER5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    900000 | PA      | $492539.94    | 0.07%             | 2038-06-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Mobile County Board of School Commissioners                                      | MOBILE CNTY AL BRD OF SCH COMMISSIONERS SPL TAX SCH WARRANTS        | CUSIP: 607298AP1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1405000 | PA      | $1390552.95   | 0.20%             | 2036-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Virgin Islands Transportation & Infrastructure Corp                              | VIRGIN ISLANDS TRANSPRTN & INFRASTRUCTURE CORP GRANT ANTIC          | CUSIP: 927686AS4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1231541.16   | 0.17%             | 2041-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Minneapolis MN                                                           | MINNEAPOLIS MN HLTH CARE SYS REVENUE                                | CUSIP: 60374VER0<br>LEI: 54930069TEI1INHRHS55 | Long             | DBT              | MUN               | US        |   1990000 | PA      | $1939614.00   | 0.27%             | 2036-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of College Station TX                                                       | COLLEGE STATION TX                                                  | CUSIP: 194469HJ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1485000 | PA      | $1421526.79   | 0.20%             | 2034-02-15      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| Chaffey Joint Union High School District                                         | CHAFFEY CA JT UNION HIGH SCH DIST                                   | CUSIP: 157411WQ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    275000 | PA      | $164615.06    | 0.02%             | 2037-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Malakoff Independent School District                                             | MALAKOFF TX INDEP SCH DIST                                          | CUSIP: 561059KE5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     40000 | PA      | $36834.74     | 0.01%             | 2035-02-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Lancaster Municipal Authority                                                    | LANCASTER PA MUNI AUTH HLTHCARE FACS REVENUE                        | CUSIP: 514350AH0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    305000 | PA      | $326303.37    | 0.05%             | 2032-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Waldwick School District                                                         | WALDWICK NJ SCH DIST                                                | CUSIP: 931388DW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1245000 | PA      | $1004575.19   | 0.14%             | 2034-07-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority                                            | MET TRANSPRTN AUTH NY REVENUE                                       | CUSIP: 59261AL96<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |    885000 | PA      | $885086.73    | 0.13%             | 2026-11-01      | Floating      | 3.35%                 | No            |                  2 | On Loan: No      |
| Harrisburg School District No 41-2                                               | HARRISBURG SD INDEP SCH DIST #41-2                                  | CUSIP: 414834VK4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2230000 | PA      | $1957994.41   | 0.28%             | 2032-08-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Del Valle Independent School District TX                                         | DEL VALLE TX INDEP SCH DIST                                         | CUSIP: 245505XN7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $742318.05    | 0.10%             | 2038-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Southeast Energy Authority A Cooperative District                                | SOUTHEAST ENERGY AUTH AL COOPERATIVE DIST COMMODITY SPLY REV        | CUSIP: 84136GAK1<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1583783.70   | 0.22%             | 2054-01-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Baltimore MD                                                           | BALTIMORE CNTY MD REVENUE                                           | CUSIP: 059151CX6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1455000 | PA      | $1486872.65   | 0.21%             | 2030-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Spokane WA                                                               | SPOKANE WA                                                          | CUSIP: 849067X99<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2980000 | PA      | $2982940.96   | 0.42%             | 2036-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Kansas City MO                                                           | KANSAS CITY MO                                                      | CUSIP: 484873RM8<br>LEI: 549300EGAE3I3XU7XE19 | Long             | DBT              | MUN               | US        |    290000 | PA      | $265288.17    | 0.04%             | 2035-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Health & Educational Facilities Authority of the State of Missouri               | MISSOURI ST HLTH & EDUCTNL FACS AUTH                                | CUSIP: 60635H3W7<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |   1160000 | PA      | $1224631.49   | 0.17%             | 2031-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Orange NC                                                              | ORANGE CNTY NC                                                      | CUSIP: 684609WY2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2270000 | PA      | $2102354.60   | 0.30%             | 2037-08-01      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| Township of Upper St Clair PA                                                    | UPPER SAINT CLAIR TWP PA                                            | CUSIP: 916456JB3<br>LEI: 5493001WQTGQ5DJ52Y69 | Long             | DBT              | MUN               | US        |    800000 | PA      | $802106.56    | 0.11%             | 2034-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Downtown Revitalization Public Infrastructure District                           | DOWNTOWN REVITALIZATION PUBLIC INFRASTRUCTURE DIST UT SALES         | CUSIP: 26118TAQ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2200000 | PA      | $2320249.14   | 0.33%             | 2040-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                  | CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE         | CUSIP: 13013JGF7<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3185970.60   | 0.45%             | 2056-03-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Hamburg Municipal Authority of Berks County                                      | HAMBURG PA MUNI AUTH                                                | CUSIP: 406666FL6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $23956.10     | 0.00%             | 2034-10-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| General Authority of Southcentral Pennsylvania                                   | SOUTHCENTRL PA GEN AUTH REVENUE                                     | CUSIP: 84129NKK4<br>LEI: 549300QBNU5LBV4QX812 | Long             | DBT              | MUN               | US        |    150000 | PA      | $149996.19    | 0.02%             | 2030-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Multnomah County School District No 40                                           | MULTNOMAH CNTY OR SCH DIST #40                                      | CUSIP: 625693HT6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    525000 | PA      | $428476.70    | 0.06%             | 2031-06-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| City of Chandler AZ                                                              | CHANDLER AZ                                                         | CUSIP: 158843XR8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    590000 | PA      | $576284.92    | 0.08%             | 2032-07-01      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| Metropolitan Utilities District of Omaha Water System Revenue                    | MET UTILITIES DIST NE WTR REVENUE                                   | CUSIP: 592642EH1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1720000 | PA      | $1702778.16   | 0.24%             | 2031-12-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Roseville Joint Union High School District                                       | ROSEVILLE CA JT UNION HIGH SCH DIST                                 | CUSIP: 777849VJ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     85000 | PA      | $59220.94     | 0.01%             | 2034-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| North Carolina Medical Care Commission                                           | NORTH CAROLINA ST MED CARE COMMISSION RETMNT FACS REVENUE           | CUSIP: 65820YLU8<br>LEI: 549300FH6KOXGCHQYG81 | Long             | DBT              | MUN               | US        |    300000 | PA      | $304318.98    | 0.04%             | 2031-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Homewood AL                                                              | HOMEWOOD AL                                                         | CUSIP: 437884NG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1325000 | PA      | $1355581.53   | 0.19%             | 2029-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Adams & Weld Counties School District No 27J Brighton/CO                         | ADAMS & WELD CNTYS CO SCH DIST #27J BRIGHTON                        | CUSIP: 005518VF9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    450000 | PA      | $451368.63    | 0.06%             | 2030-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| County of Guilford NC                                                            | GUILFORD CNTY NC                                                    | CUSIP: 401784M91<br>LEI: 549300OUKUGQGH8RCL96 | Long             | DBT              | MUN               | US        |    915000 | PA      | $853168.97    | 0.12%             | 2035-05-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| East Hempfield Township Industrial Development Authority                         | E HEMPFIELD TWP PA INDL DEV AUTH                                    | CUSIP: 273007CM4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    310000 | PA      | $310457.25    | 0.04%             | 2031-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Water Development Board                                                    | TEXAS ST WTR DEV BRD                                                | CUSIP: 8828546Z0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4115000 | PA      | $4170056.23   | 0.59%             | 2035-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Municipal Electric Authority of Georgia                                          | MUNI ELEC AUTH OF GA                                                | CUSIP: 62620HHE5<br>LEI: JA0WNILDDF2KUPS83B16 | Long             | DBT              | MUN               | US        |    390000 | PA      | $415721.20    | 0.06%             | 2037-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Connecticut                                                             | CONNECTICUT ST                                                      | CUSIP: 20772KC49<br>LEI: 549300PHW5BZHA7BEX81 | Long             | DBT              | MUN               | US        |   1460000 | PA      | $1637677.04   | 0.23%             | 2031-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fort Bend County Municipal Utility District No 58                                | FORT BEND CNTY TX MUNI UTILITY DIST #58                             | CUSIP: 346806RV6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $9996.42      | 0.00%             | 2026-04-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| City of Burlington VT                                                            | BURLINGTON VT                                                       | CUSIP: 122062D90<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     45000 | PA      | $49317.35     | 0.01%             | 2029-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| West St Paul-Mendota Heights-Eagan Independent School District No 197            | WEST SAINT PAUL MN INDEP SCH DIST #197                              | CUSIP: 955686TD2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7615000 | PA      | $7465061.41   | 1.06%             | 2036-02-01      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| Maryland Health & Higher Educational Facilities Authority                        | MARYLAND ST HLTH & HGR EDUCTNL FACS AUTH REVENUE                    | CUSIP: 574218UY7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    875000 | PA      | $875627.03    | 0.12%             | 2031-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Virginia College Building Authority                                              | VIRGINIA ST CLG BLDG AUTH EDUCTNL FACS REVENUE 21ST CENTURY         | CUSIP: 92778VEG9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    865000 | PA      | $872157.88    | 0.12%             | 2033-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                           | CALIFORNIA ST MUNI FIN AUTH REVENUE                                 | CUSIP: 13048V2J6<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    490000 | PA      | $527910.03    | 0.07%             | 2033-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Connecticut                                                             | CONNECTICUT ST                                                      | CUSIP: 20772KHX0<br>LEI: 549300PHW5BZHA7BEX81 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3077423.70   | 0.44%             | 2034-01-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Beverly Hills Unified School District CA                                         | BEVERLY HILLS CA UNIF SCH DIST                                      | CUSIP: 088023PA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    275000 | PA      | $277808.05    | 0.04%             | 2038-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Town of Hempstead NY                                                             | HEMPSTEAD TOWN NY                                                   | CUSIP: 424672H48<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6145000 | PA      | $5140946.94   | 0.73%             | 2034-06-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Rialto Unified School District                                                   | RIALTO CA UNIF SCH DIST                                             | CUSIP: 762494SG8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $446304.00    | 0.06%             | 2037-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Tri-County Metropolitan Transportation District of Oregon                        | TRI-CNTY MET TRANSPRTN DIST OR REVENUE                              | CUSIP: 89546RSL9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1100000 | PA      | $957008.03    | 0.14%             | 2037-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Celina Independent School District                                               | CELINA TX INDEP SCH DIST                                            | CUSIP: 151145QC6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1135000 | PA      | $1136875.81   | 0.16%             | 2033-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Tyler Independent School District                                                | TYLER TX INDEP SCH DIST                                             | CUSIP: 902273XH9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2044058.80   | 0.29%             | 2036-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Connecticut Special Tax Revenue                                         | CONNECTICUT ST SPL TAX OBLIG REVENUE                                | CUSIP: 207758K36<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1114089.30   | 0.16%             | 2034-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | ILLINOIS ST FIN AUTH REVENUE                                        | CUSIP: 45203HR95<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000280.90   | 0.14%             | 2032-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Village of Dobbs Ferry NY                                                        | DOBBS FERRY NY                                                      | CUSIP: 256039HC5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    340000 | PA      | $302762.55    | 0.04%             | 2036-10-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Virgin Islands Transportation & Infrastructure Corp                              | VIRGIN ISLANDS TRANSPRTN & INFRASTRUCTURE CORP GRANT ANTIC          | CUSIP: 927686AR6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1415000 | PA      | $1464535.05   | 0.21%             | 2040-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Village of Dobbs Ferry NY                                                        | DOBBS FERRY NY                                                      | CUSIP: 256039HB7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    475000 | PA      | $417249.03    | 0.06%             | 2035-10-15      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| City of Salt Lake City UT Airport Revenue                                        | SALT LAKE CITY UT ARPT REVENUE                                      | CUSIP: 795576HX8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    450000 | PA      | $466664.31    | 0.07%             | 2034-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Nebo School District                                                             | NEBO UT SCH DIST                                                    | CUSIP: 639557VZ7<br>LEI: 549300QJS89I60PFG061 | Long             | DBT              | MUN               | US        |   4465000 | PA      | $3765737.24   | 0.53%             | 2034-07-01      | Fixed         | 2.12%                 | No            |                  2 | On Loan: No      |
| Chisholm Independent School District No 695                                      | CHISHOLM MN INDEP SCH DIST #695                                     | CUSIP: 170142FU2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    820000 | PA      | $470195.95    | 0.07%             | 2038-02-01      | None          | 0.00%                 | 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: 64972GKA1<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $905961.90    | 0.13%             | 2036-06-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| City of Mesa AZ Utility System Revenue                                           | MESA AZ UTILITY SYS REVENUE                                         | CUSIP: 590545WA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    105000 | PA      | $106990.89    | 0.02%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Harlandale Independent School District                                           | HARLANDALE TX INDEP SCH DIST                                        | CUSIP: 412707HK0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    845000 | PA      | $875747.27    | 0.12%             | 2029-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Department of Housing & Community Affairs                                  | TEXAS ST DEPT OF HSG & CMNTY AFFAIRS RESDL MTG REVENUE              | CUSIP: 882750VB5<br>LEI: 549300J3RRLLZZN4WP77 | Long             | DBT              | MUN               | US        |   4790000 | PA      | $5252598.56   | 0.74%             | 2054-01-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley & Co. LLC                                                         | Morgan Stanley Institutional Liquidity Funds - Government Portfolio | CUSIP: 61747C707<br>LEI: 549300BI6Y5SI6BYPB26 | Long             | STIV             | RF                | US        |  26512228 | NS      | $26512227.97  | 3.75%             |  |  |  | No            |                  1 | On Loan: No      |
| State of North Carolina                                                          | NORTH CAROLINA ST                                                   | CUSIP: 6582562S0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3650000 | PA      | $3616472.93   | 0.51%             | 2031-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Roseville Joint Union High School District                                       | ROSEVILLE CA JT UNION HIGH SCH DIST                                 | CUSIP: 777849VH0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     85000 | PA      | $62564.79     | 0.01%             | 2033-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| State of Oregon                                                                  | OREGON ST                                                           | CUSIP: 68609UTP0<br>LEI: 549300R5SUGZRD8KP359 | Long             | DBT              | MUN               | US        |   2250000 | PA      | $2333112.53   | 0.33%             | 2039-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | NEW YORK ST DORM AUTH SALES TAX REVENUE                             | CUSIP: 64990AEA9<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   1800000 | PA      | $1804379.76   | 0.26%             | 2032-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chaffey Joint Union High School District                                         | CHAFFEY CA JT UNION HIGH SCH DIST                                   | CUSIP: 157411VK2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $340916.56    | 0.05%             | 2030-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Falls City Independent School District                                           | FALLS CITY TX INDEP SCH DIST                                        | CUSIP: 306573DT0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    570000 | PA      | $570286.20    | 0.08%             | 2034-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Utah Housing Corp                                                                | UTAH HSG CORP SF MTGE REVENUE                                       | CUSIP: 917437GU3<br>LEI: 549300YXWQEI0S47WI02 | Long             | DBT              | MUN               | US        |   4895000 | PA      | $5384591.05   | 0.76%             | 2054-07-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | INDIANA FIN AUTH IN WSTWTR UTIL REVENUE                             | CUSIP: 45505MKQ8<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   1595000 | PA      | $1558794.78   | 0.22%             | 2037-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Multnomah County School District No 40                                           | MULTNOMAH CNTY OR SCH DIST #40                                      | CUSIP: 625693HX7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $835601.88    | 0.12%             | 2035-06-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Grayson County Junior College District/TX                                        | GRAYSON CNTY TX JNR CLG DIST                                        | CUSIP: 389712HE3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    865000 | PA      | $938378.82    | 0.13%             | 2036-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Dakota Housing Development Authority                                       | SOUTH DAKOTA ST HSG DEV AUTH                                        | CUSIP: 83756LBH7<br>LEI: 549300G853EK61667C18 | Long             | DBT              | MUN               | US        |   4980000 | PA      | $5540310.76   | 0.78%             | 2055-11-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Illinois State Toll Highway Authority                                            | ILLINOIS ST TOLL HIGHWAY AUTH                                       | CUSIP: 452252KV0<br>LEI: 549300ISBFGI8MJJKM98 | Long             | DBT              | MUN               | US        |    175000 | PA      | $176436.51    | 0.02%             | 2029-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Health Facilities Financing Authority                                 | CALIFORNIA ST HLTH FACS FING AUTH REVENUE                           | CUSIP: 13033LS24<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |     90000 | PA      | $90041.10     | 0.01%             | 2027-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Vermont Educational & Health Buildings Financing Agency                          | VERMONT ST EDUCTNL & HLTH BLDGS FING AGY REVENUE                    | CUSIP: 924166HT1<br>LEI: 549300ZC1ZW1EUIIV708 | Long             | DBT              | MUN               | US        |     70000 | PA      | $70782.49     | 0.01%             | 2031-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                           | CALIFORNIA ST MUNI FIN AUTH REVENUE                                 | CUSIP: 13048V2G2<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    210000 | PA      | $225640.76    | 0.03%             | 2031-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California State University                                                      | CALIFORNIA ST UNIV REVENUE                                          | CUSIP: 13077DVX7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4580000 | PA      | $4956419.67   | 0.70%             | 2040-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Greene MO                                                              | GREENE CNTY MO COPS                                                 | CUSIP: 39448PDZ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1700000 | PA      | $1721132.19   | 0.24%             | 2035-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Downtown Revitalization Public Infrastructure District                           | DOWNTOWN REVITALIZATION PUBLIC INFRASTRUCTURE DIST UT SALES         | CUSIP: 26118TAN0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1650000 | PA      | $1704088.82   | 0.24%             | 2038-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Williamson TX                                                          | WILLIAMSON CNTY TX                                                  | CUSIP: 9698875G9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $381749.76    | 0.05%             | 2033-02-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Vermont Housing Finance Agency                                                   | VERMONT ST HSG FIN AGY                                              | CUSIP: 924190QQ7<br>LEI: 549300RD7EYN90K0W008 | Long             | DBT              | MUN               | US        |    994000 | PA      | $995748.15    | 0.14%             | 2033-11-01      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| State of New York                                                                | NEW YORK ST                                                         | CUSIP: 649791UH1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5600000 | PA      | $6253260.72   | 0.88%             | 2038-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tuloso-Midway Independent School District/TX                                     | TULOSO-MIDWAY TX INDEP SCH DIST                                     | CUSIP: 899474XX3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    235000 | PA      | $235113.36    | 0.03%             | 2029-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Newport Mesa Unified School District                                             | NEWPORT MESA CA UNIF SCH DIST                                       | CUSIP: 652113WR8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6580000 | PA      | $4128458.47   | 0.58%             | 2037-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| City of Center City MN                                                           | CENTER CITY MN HLTH CARE FACSREVENUE                                | CUSIP: 151452CL1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    335000 | PA      | $354408.63    | 0.05%             | 2036-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Hays Consolidated Independent School District                                    | HAYS TX CONSOL INDEP SCH DIST                                       | CUSIP: 4211102J5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3445000 | PA      | $3435481.81   | 0.49%             | 2032-02-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| State of Florida                                                                 | FLORIDA ST                                                          | CUSIP: 341150V31<br>LEI: 5493004G5XFOOUT0LQ57 | Long             | DBT              | MUN               | US        |   5195000 | PA      | $4899999.33   | 0.69%             | 2034-07-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| County of Henrico VA                                                             | HENRICO CNTY VA                                                     | CUSIP: 426056Q59<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4670000 | PA      | $4400745.55   | 0.62%             | 2036-08-01      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| City of Portland OR                                                              | PORTLAND OR REVENUE                                                 | CUSIP: 736740WH0<br>LEI: 254900RPNQMJF9NBMF52 | Long             | DBT              | MUN               | US        |   2345000 | PA      | $1909510.28   | 0.27%             | 2035-10-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Government of Nashville & Davidson County TN Electric Revenue       | MET GOVT NASHVILLE & DAVIDSONCNTY TN ELEC REVENUE                   | CUSIP: 592030N97<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1375000 | PA      | $1313232.25   | 0.19%             | 2039-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Aldine Independent School District                                               | ALDINE TX INDEP SCH DIST                                            | CUSIP: 014393XK3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $300497.58    | 0.04%             | 2034-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| San Antonio Independent School District/TX                                       | SAN ANTONIO TX INDEP SCH DIST                                       | CUSIP: 796269WU8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $501584.60    | 0.07%             | 2033-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Romulus MI                                                               | ROMULUS MI                                                          | CUSIP: 776195GF0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $250716.45    | 0.04%             | 2031-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Chaffey Joint Union High School District                                         | CHAFFEY CA JT UNION HIGH SCH DIST                                   | CUSIP: 157411VL0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    460000 | PA      | $376206.35    | 0.05%             | 2031-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| City of Winston-Salem NC Water & Sewer System Revenue                            | WINSTON-SALEM NC WTR & SWR SYS REVENUE                              | CUSIP: 975700QZ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2085000 | PA      | $1646784.50   | 0.23%             | 2038-06-01      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| Virginia Public School Authority                                                 | VIRGINIA ST PUBLIC SCH AUTH SPL OBLG PRINCE WM                      | CUSIP: 92817TKB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1690000 | PA      | $1472922.54   | 0.21%             | 2037-10-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Alameda Corridor Transportation Authority                                        | ALAMEDA CA CORRIDOR TRANSPRTN AUTH REVENUE                          | CUSIP: 010869JP1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1335000 | PA      | $737872.12    | 0.10%             | 2049-10-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Rialto Unified School District                                                   | RIALTO CA UNIF SCH DIST                                             | CUSIP: 762494SE3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    425000 | PA      | $285444.28    | 0.04%             | 2035-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| County of Travis TX                                                              | TRAVIS CNTY TX                                                      | CUSIP: 89453PF79<br>LEI: 549300HEC6MNL5465K30 | Long             | DBT              | MUN               | US        |    605000 | PA      | $541499.08    | 0.08%             | 2038-03-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Ysleta Independent School District                                               | YSLETA TX INDEP SCH DIST                                            | CUSIP: 98816PCP5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    405000 | PA      | $406311.55    | 0.06%             | 2037-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| County of Westchester NY                                                         | WESTCHESTER CNTY NY                                                 | CUSIP: 95736VBY7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    650000 | PA      | $553823.14    | 0.08%             | 2033-10-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| City of Longview TX                                                              | LONGVIEW TX                                                         | CUSIP: 543247Y79<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1078377.52   | 0.15%             | 2037-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Lone Star College System                                                         | LONE STAR CLG SYS TX RE-FING SYS REVENUE                            | CUSIP: 542269DS1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1395000 | PA      | $1237447.86   | 0.17%             | 2036-02-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Chaffey Joint Union High School District                                         | CHAFFEY CA JT UNION HIGH SCH DIST                                   | CUSIP: 157411WS4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    365000 | PA      | $192580.46    | 0.03%             | 2039-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Marin Public Financing Authority                                                 | MARIN CA PUBLIC FING AUTH REVENUE                                   | CUSIP: 567820AQ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    575000 | PA      | $578508.13    | 0.08%             | 2032-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | NEW YORK ST DORM AUTH REVENUES NON ST SUPPORTED DEBT                | CUSIP: 64990G2D3<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |    150000 | PA      | $153383.28    | 0.02%             | 2030-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Willis Independent School District                                               | WILLIS TX INDEP SCH DIST                                            | CUSIP: 970667B67<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    355000 | PA      | $330210.35    | 0.05%             | 2034-02-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Health & Educational Facilities Authority of the State of Missouri               | MISSOURI ST HLTH & EDUCTNL FACS AUTH HLTH FACS REVENUE              | CUSIP: 60637AKV3<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1011733.80   | 0.14%             | 2031-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Morgan County School District                                                    | MORGAN CNTY UT SCH DIST                                             | CUSIP: 617307DY6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1180000 | PA      | $1189709.28   | 0.17%             | 2034-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Glen Rose Independent School District                                            | GLEN ROSE TX INDEP SCH DIST                                         | CUSIP: 377856JW0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    935000 | PA      | $1019642.00   | 0.14%             | 2032-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Health & Educational Facilities Authority of the State of Missouri               | MISSOURI ST HLTH & EDUCTNL FACS AUTH                                | CUSIP: 60635HZ36<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |    975000 | PA      | $965552.25    | 0.14%             | 2027-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| New York Energy Finance Development Corp                                         | NEW YORK ENERGY FIN DEV CORP                                        | CUSIP: 64947PAA4<br>LEI: 254900PRGXZMJ912RI65 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5215301.50   | 0.74%             | 2056-07-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Minnesota Housing Finance Agency                                                 | MINNESOTA ST HSG FIN AGY                                            | CUSIP: 60416SY38<br>LEI: 549300R89XDTQBK4GE22 | Long             | DBT              | MUN               | US        |    440000 | PA      | $446027.16    | 0.06%             | 2035-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Florida Municipal Power Agency                                                   | FLORIDA ST MUNI PWR AGY                                             | CUSIP: 342816R98<br>LEI: 549300M3I10QJUPNU131 | Long             | DBT              | MUN               | US        |   1725000 | PA      | $1617725.18   | 0.23%             | 2033-10-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| North Texas Tollway Authority                                                    | N TX TOLLWAY AUTH REVENUE                                           | CUSIP: 66285WJ64<br>LEI: PQGZGRE0F2WPMYQQ1B78 | Long             | DBT              | MUN               | US        |   6000000 | PA      | $5942576.40   | 0.84%             | 2039-01-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Richardson Independent School District                                           | RICHARDSON TX INDEP SCH DIST                                        | CUSIP: 763261Z23<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $600016.62    | 0.08%             | 2035-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| County of Clark NV                                                               | CLARK CNTY NV                                                       | CUSIP: 180848A52<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $931817.00    | 0.13%             | 2034-11-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| City of Lake Oswego OR                                                           | LAKE OSWEGO OR                                                      | CUSIP: 510390A31<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1255000 | PA      | $1154721.48   | 0.16%             | 2033-06-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Cook County School District No 25 Arlington Heights                              | COOK CNTY IL SCH DIST #25 ARLINGTON HEIGHTS                         | CUSIP: 213327UW7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    630000 | PA      | $648476.77    | 0.09%             | 2032-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Municipal Electric Authority of Georgia                                          | MUNI ELEC AUTH OF GA                                                | CUSIP: 62620HHA3<br>LEI: JA0WNILDDF2KUPS83B16 | Long             | DBT              | MUN               | US        |    330000 | PA      | $366281.22    | 0.05%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Union NC                                                               | UNION CNTY NC                                                       | CUSIP: 906395Z84<br>LEI: 5493007ESG9QHLUW6165 | Long             | DBT              | MUN               | US        |    920000 | PA      | $854391.95    | 0.12%             | 2035-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Allentown Neighborhood Improvement Zone Development Authority                    | ALLENTOWN PA NEIGHBORHOOD IMPT ZONE DEV AUTH TAX REVENUE            | CUSIP: 018444BR9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    275000 | PA      | $290832.27    | 0.04%             | 2029-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Duneland School Building Corp                                                    | DUNELAND IN SCH BLDG CORP                                           | CUSIP: 265404FE8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1915000 | PA      | $1957433.91   | 0.28%             | 2035-01-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Ohio Housing Finance Agency                                                      | OHIO ST HSG FIN AGY RSDL MTGE REVENUE                               | CUSIP: 67756Q6W2<br>LEI: 549300K10X7VPG6JVX38 | Long             | DBT              | MUN               | US        |   2190000 | PA      | $2389535.94   | 0.34%             | 2055-03-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Worthington City School District                                                 | WORTHINGTON OH CITY SCH DIST                                        | CUSIP: 982038TN1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    235000 | PA      | $195869.75    | 0.03%             | 2030-12-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas Inc                                                      | MAIN STREET NATURAL GAS INC GA GAS SUPPLY REVENUE                   | CUSIP: 56035DJJ2<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5252058.50   | 0.74%             | 2055-05-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Multnomah County School District No 40                                           | MULTNOMAH CNTY OR SCH DIST #40                                      | CUSIP: 625693HW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1455000 | PA      | $1026396.14   | 0.15%             | 2034-06-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Pennsylvania                                                     | PENNSYLVANIA ST                                                     | CUSIP: 70914PY97<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  17000000 | PA      | $16966382.50  | 2.40%             | 2037-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Allentown Neighborhood Improvement Zone Development Authority                    | ALLENTOWN PA NEIGHBORHOOD IMPT ZONE DEV AUTH TAX REVENUE            | CUSIP: 018444BS7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    160000 | PA      | $170907.46    | 0.02%             | 2030-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| St Charles School District                                                       | SAINT CHARLES MO SCH DIST                                           | CUSIP: 787889XG4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    650000 | PA      | $562456.77    | 0.08%             | 2038-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| City of Plano TX                                                                 | PLANO TX                                                            | CUSIP: 727177WJ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1700000 | PA      | $1604880.75   | 0.23%             | 2035-09-01      | Fixed         | 3.28%                 | No            |                  2 | On Loan: No      |
| Multnomah County School District No 40                                           | MULTNOMAH CNTY OR SCH DIST #40                                      | CUSIP: 625693HY5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1690000 | PA      | $1063340.90   | 0.15%             | 2036-06-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Minnesota Housing Finance Agency                                                 | MINNESOTA ST HSG FIN AGY                                            | CUSIP: 60416ST26<br>LEI: 549300R89XDTQBK4GE22 | Long             | DBT              | MUN               | US        |   1375000 | PA      | $1042583.99   | 0.15%             | 2039-07-01      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| Greater Greenspoint Redevelopment Authority                                      | NORTH HOUSTON DEV CORP TX TAX INCR CONTRACT REV                     | CUSIP: 660027AS2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    880000 | PA      | $770337.74    | 0.11%             | 2036-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| University of California                                                         | UNIV OF CALIFORNIA CA REVENUES                                      | CUSIP: 91412HUF8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3600000 | PA      | $3861119.52   | 0.55%             | 2040-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Connecticut Housing Finance Authority                                            | CONNECTICUT ST HSG FIN AUTH HSG MTGE FIN PROGRAM                    | CUSIP: 20775HM34<br>LEI: 5493003DXX0NRJKSH186 | Long             | DBT              | MUN               | US        |    815000 | PA      | $883614.12    | 0.12%             | 2054-11-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                                       | MICHIGAN ST FIN AUTH REVENUE                                        | CUSIP: 59447TD67<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1365538.50   | 0.19%             | 2036-10-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                              | WISCONSIN ST HLTH & EDUCTNL FACS AUTH REVENUE                       | CUSIP: 97712JBN2<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |    425000 | PA      | $429798.04    | 0.06%             | 2033-10-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Umatilla County School District No 6R Umatilla                                   | UMATILLA CNTY OR SCH DIST #6 R UMATILLA                             | CUSIP: 904115FG2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    110000 | PA      | $93666.84     | 0.01%             | 2030-06-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                       | LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE                           | CUSIP: 5444456A2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4020000 | PA      | $4425362.33   | 0.63%             | 2039-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Minnesota Housing Finance Agency                                                 | MINNESOTA ST HSG FIN AGY                                            | CUSIP: 60416SY20<br>LEI: 549300R89XDTQBK4GE22 | Long             | DBT              | MUN               | US        |    295000 | PA      | $301123.79    | 0.04%             | 2034-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | INDIANA FIN AUTH IN WSTWTR UTIL REVENUE                             | CUSIP: 45505MKP0<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   1475000 | PA      | $1466614.48   | 0.21%             | 2036-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| North Carolina Municipal Power Agency No 1                                       | NORTH CAROLINA ST MUNI PWR AGY #1 CATAWBA ELEC REVENUE              | CUSIP: 6582034M3<br>LEI: 549300N3Q65G1ODRFX75 | Long             | DBT              | MUN               | US        |    500000 | PA      | $510696.50    | 0.07%             | 2029-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Worthington City School District                                                 | WORTHINGTON OH CITY SCH DIST                                        | CUSIP: 982038TP6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    270000 | PA      | $214811.41    | 0.03%             | 2031-12-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Multnomah County School District No 40                                           | MULTNOMAH CNTY OR SCH DIST #40                                      | CUSIP: 625693JA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $415208.10    | 0.06%             | 2038-06-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Maricopa County & Phoenix Industrial Development Authorities                     | MARICOPA CNTY & PHOENIX AZ INDL DEV AUTHORITIES MTGE REVENUE        | CUSIP: 566736JX3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6000000 | PA      | $6591345.00   | 0.93%             | 2056-03-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Municipal Electric Authority of Georgia                                          | MUNI ELEC AUTH OF GA                                                | CUSIP: 62620HHC9<br>LEI: JA0WNILDDF2KUPS83B16 | Long             | DBT              | MUN               | US        |    260000 | PA      | $282842.17    | 0.04%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Glen Rose Independent School District                                            | GLEN ROSE TX INDEP SCH DIST                                         | CUSIP: 377856JU4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    560000 | PA      | $620623.81    | 0.09%             | 2030-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Noblesville Multi School Building Corp                                           | NOBLESVILLE IN MULTI SCH BLDG CORP                                  | CUSIP: 655162KK0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    255000 | PA      | $240512.89    | 0.03%             | 2033-07-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| County of Hays TX                                                                | HAYS CNTY TX                                                        | CUSIP: 421020P77<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1125000 | PA      | $984826.58    | 0.14%             | 2037-02-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Kentucky Public Energy Authority                                                 | KENTUCKY ST PUBLIC ENERGY AUTH GAS SPLY REVENUE                     | CUSIP: 74440DCM4<br>LEI: 549300XEJZWHYSY4SL55 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5023254.50   | 0.71%             | 2050-02-01      | Floating      | 4.00%                 | No            |                  2 | On Loan: No      |
| County of Bergen NJ                                                              | BERGEN CNTY NJ                                                      | CUSIP: 083763WN8<br>LEI: 549300SC7R4EFIYK0S67 | Long             | DBT              | MUN               | US        |   1860000 | PA      | $1565334.15   | 0.22%             | 2033-11-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Cumberland County Municipal Authority                                            | CUMBERLAND CNTY PA MUNI AUTH                                        | CUSIP: 230614KY4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1035000 | PA      | $1037551.59   | 0.15%             | 2027-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan State Housing Development Authority                                     | MICHIGAN ST HSG DEV AUTH SF MTGE REVENUE                            | CUSIP: 594654WT8<br>LEI: 549300NSWW1HVXE93T03 | Long             | DBT              | MUN               | US        |   7755000 | PA      | $8422155.67   | 1.19%             | 2054-06-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                         | MASSACHUSETTS ST DEV FIN AGY REVENUE                                | CUSIP: 57585BGU6<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5629389.50   | 0.80%             | 2055-05-15      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| River Falls School District                                                      | RIVER FALLS WI SCH DIST                                             | CUSIP: 768190JJ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    920000 | PA      | $918308.67    | 0.13%             | 2032-04-01      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| Los Angeles Unified School District/CA                                           | LOS ANGELES CA UNIF SCH DIST COPS                                   | CUSIP: 544648XQ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    995000 | PA      | $1072968.00   | 0.15%             | 2038-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tennergy Corp/TN                                                                 | TENNERGY CORP TN GAS REVENUE                                        | CUSIP: 880397BW3<br>LEI: 5493008K3JJFBSC4C235 | Long             | DBT              | MUN               | US        |   1150000 | PA      | $1156399.52   | 0.16%             | 2051-12-01      | Floating      | 4.00%                 | No            |                  2 | On Loan: No      |
| Allentown Neighborhood Improvement Zone Development Authority                    | ALLENTOWN PA NEIGHBORHOOD IMPT ZONE DEV AUTH TAX REVENUE            | CUSIP: 018444BQ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    315000 | PA      | $329262.70    | 0.05%             | 2028-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fort Bend Independent School District                                            | FORT BEND TX INDEP SCH DIST                                         | CUSIP: 346843RP2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $441529.45    | 0.06%             | 2036-08-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| City of Stamford CT                                                              | STAMFORD CT                                                         | CUSIP: 852634TJ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    805000 | PA      | $681821.56    | 0.10%             | 2033-08-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                  | CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE         | CUSIP: 13013JAP1<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   2020000 | PA      | $2008446.21   | 0.28%             | 2052-02-01      | Floating      | 4.00%                 | No            |                  2 | On Loan: No      |
| Virgin Islands Transportation & Infrastructure Corp                              | VIRGIN ISLANDS TRANSPRTN & INFRASTRUCTURE CORP GRANT ANTIC          | CUSIP: 927686AL9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1480000 | PA      | $1618407.97   | 0.23%             | 2035-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Dakota Housing Finance Agency                                              | NORTH DAKOTA ST HSG FIN AGY                                         | CUSIP: 6589096S0<br>LEI: 549300DVQAGW0B16JX70 | Long             | DBT              | MUN               | US        |   4820000 | PA      | $5228772.63   | 0.74%             | 2054-07-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | NEW YORK ST DORM AUTH ST PERSONAL INCOME TAX REVENUE                | CUSIP: 64990FPQ1<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   6950000 | PA      | $6883758.16   | 0.97%             | 2037-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Health & Educational Facilities Authority of the State of Missouri               | MISSOURI ST HLTH & EDUCTNL FACS AUTH                                | CUSIP: 60635H3Y3<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |    515000 | PA      | $542654.62    | 0.08%             | 2033-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Jefferson AL Sewer Revenue                                             | JEFFERSON CNTY AL SWR REVENUE WARRANTS                              | CUSIP: 472682ZJ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5177421.50   | 0.73%             | 2039-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Baltimore MD                                                           | BALTIMORE CNTY MD REVENUE                                           | CUSIP: 059151DB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    685000 | PA      | $685457.85    | 0.10%             | 2034-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| County of Baltimore MD                                                           | BALTIMORE CNTY MD REVENUE                                           | CUSIP: 059151DC1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    615000 | PA      | $608898.77    | 0.09%             | 2035-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Gulf Coast Authority                                                             | GULF COAST TX WST DISP AUTH                                         | CUSIP: 401905FF6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $250887.48    | 0.04%             | 2030-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Connecticut                                                             | CONNECTICUT ST                                                      | CUSIP: 20772KHY8<br>LEI: 549300PHW5BZHA7BEX81 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3051195.90   | 0.43%             | 2035-01-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| County of Miami-Dade FL                                                          | MIAMI-DADE CNTY FL SPL OBLIG                                        | CUSIP: 59333NB28<br>LEI: 549300QG0NBD9HULR263 | Long             | DBT              | MUN               | US        |    735000 | PA      | $746428.37    | 0.11%             | 2032-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Central Texas Regional Mobility Authority                                        | CENTRL TX REGL MOBILITY AUTH REVENUE                                | CUSIP: 155498HS0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     70000 | PA      | $71296.57     | 0.01%             | 2034-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Salt Lake City UT Airport Revenue                                        | SALT LAKE CITY UT ARPT REVENUE                                      | CUSIP: 795576HV2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    660000 | PA      | $690566.65    | 0.10%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Independence School District/MO                                                  | INDEPENDENCE MO SCH DIST                                            | CUSIP: 453722PJ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2605000 | PA      | $2358063.97   | 0.33%             | 2038-03-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Mauston School District                                                          | MAUSTON WI JT SCH DIST #1                                           | CUSIP: 577662FP9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2255000 | PA      | $1751225.33   | 0.25%             | 2034-03-01      | Fixed         | 1.60%                 | No            |                  2 | On Loan: No      |
| Texas Water Development Board                                                    | TEXAS ST WTR DEV BRD                                                | CUSIP: 882854P97<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $701191.68    | 0.10%             | 2036-10-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| American Municipal Power Inc                                                     | AMERICAN MUNI PWR-OHIO INC OH REVENUE                               | CUSIP: 02765UQQ0<br>LEI: EARKGGZJJEMVD66XQ486 | Long             | DBT              | MUN               | US        |   5690000 | PA      | $5721247.20   | 0.81%             | 2035-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Town of Hempstead NY                                                             | HEMPSTEAD TOWN NY                                                   | CUSIP: 424672H30<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5935000 | PA      | $5116853.72   | 0.72%             | 2033-06-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| New Mexico Mortgage Finance Authority                                            | NEW MEXICO ST MTGE FIN AUTH                                         | CUSIP: 647201YR7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2820000 | PA      | $3032090.51   | 0.43%             | 2054-03-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Mountain View Los Altos Union High School District/CA                            | MOUNTAIN VIEW LOS ALTOS CA UNION HIGH SCH DIST                      | CUSIP: 624454KR4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    175000 | PA      | $166111.42    | 0.02%             | 2027-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| City of Salt Lake City UT Airport Revenue                                        | SALT LAKE CITY UT ARPT REVENUE                                      | CUSIP: 795576HU4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $315887.76    | 0.04%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Municipal Electric Authority of Georgia                                          | MUNI ELEC AUTH OF GA                                                | CUSIP: 62620HAQ5<br>LEI: JA0WNILDDF2KUPS83B16 | Long             | DBT              | MUN               | US        |    470000 | PA      | $465909.73    | 0.07%             | 2037-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Allentown Neighborhood Improvement Zone Development Authority                    | ALLENTOWN PA NEIGHBORHOOD IMPT ZONE DEV AUTH TAX REVENUE            | CUSIP: 018444BT5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    455000 | PA      | $489687.79    | 0.07%             | 2031-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Infrastructure Bank                                                   | NEW JERSEY ENVRNMNTL INFRASTRUCTURE TRUST                           | CUSIP: 64579SJQ9<br>LEI: 5493006ZE03IRA2BET07 | Long             | DBT              | MUN               | US        |    990000 | PA      | $1100772.98   | 0.16%             | 2038-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City & County of Denver CO Airport System Revenue                                | DENVER CITY & CNTY CO ARPT REVENUE                                  | CUSIP: 249182JY3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1255000 | PA      | $1285038.43   | 0.18%             | 2031-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kitsap County School District No 303 Bainbridge Island                           | KITSAP CNTY WA SCH DIST #303 BAINBRIDGE ISLAND                      | CUSIP: 498062PU6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $400816.12    | 0.06%             | 2036-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Vermont Educational & Health Buildings Financing Agency                          | VERMONT ST EDUCTNL & HLTH BLDGS FING AGY REVENUE                    | CUSIP: 924166HH7<br>LEI: 549300ZC1ZW1EUIIV708 | Long             | DBT              | MUN               | US        |    300000 | PA      | $303885.93    | 0.04%             | 2030-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Euless TX                                                                | EULESS TX                                                           | CUSIP: 2982635E0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    125000 | PA      | $136795.10    | 0.02%             | 2034-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pecos Barstow Toyah Independent School District                                  | PECOS BARSTOW TOYAH TX INDEP SCH DIST                               | CUSIP: 705227HN9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1575000 | PA      | $1583902.53   | 0.22%             | 2038-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Dallas Center-Grimes Community School District                                   | DALLAS CENTER IA GRIMES CMNTY SCH DIST                              | CUSIP: 234554JC8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1075000 | PA      | $980051.16    | 0.14%             | 2035-05-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas Inc                                                      | MAIN STREET NATURAL GAS INC GA GAS SUPPLY REVENUE                   | CUSIP: 56035DHT2<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3154422.60   | 0.45%             | 2054-12-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Downtown Revitalization Public Infrastructure District                           | DOWNTOWN REVITALIZATION PUBLIC INFRASTRUCTURE DIST UT SALES         | CUSIP: 26118TBN9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1054658.70   | 0.15%             | 2040-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                           | CALIFORNIA ST MUNI FIN AUTH REVENUE                                 | CUSIP: 13048V2H0<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    315000 | PA      | $339296.77    | 0.05%             | 2032-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Clark County Public Utility District No 1 Electric Revenue                       | CLARK CNTY WA PUBLIC UTILITY DIST #1 ELEC REVENUE                   | CUSIP: 181108D32<br>LEI: 549300YCT5BMOWZSMQ97 | Long             | DBT              | MUN               | US        |    505000 | PA      | $542309.55    | 0.08%             | 2036-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fort Bend Independent School District                                            | FORT BEND TX INDEP SCH DIST                                         | CUSIP: 346843RN7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $360489.72    | 0.05%             | 2035-08-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Cupertino Union School District                                                  | CUPERTINO CA UNION SCH DIST                                         | CUSIP: 231237H27<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    555000 | PA      | $568972.85    | 0.08%             | 2033-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Rialto Unified School District                                                   | RIALTO CA UNIF SCH DIST                                             | CUSIP: 762494SH6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    450000 | PA      | $251655.98    | 0.04%             | 2038-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| City of Center City MN                                                           | CENTER CITY MN HLTH CARE FACSREVENUE                                | CUSIP: 151452CM9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    280000 | PA      | $294265.05    | 0.04%             | 2037-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-08-15

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

**Signature:** James Kirchner

**Name of Signer:** James Kirchner

**Title:** Treasurer