# EDGAR Filing Document

**Accession Number:** 0001018593
**File Stem:** 0000940400-26-022198
**Filing Date:** 2026-5
**Character Count:** 66267
**Document Hash:** e72b1f1960dceb0faa5d543319cde753
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000940400-26-022198.hdr.sgml**: 20260529

**ACCESSION NUMBER**: 0000940400-26-022198

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260529

**DATE AS OF CHANGE**: 20260529

**PERIOD START**: 20261231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** VIRTUS ASSET TRUST
- **CENTRAL INDEX KEY:** 0001018593

**ORGANIZATION NAME:**
- **EIN:** 956981193
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-07705
- **FILM NUMBER:** 261043825

**BUSINESS ADDRESS:**
- **STREET 1:** 101 MUNSON STREET
- **CITY:** GREENFIELD
- **STATE:** MA
- **ZIP:** 01301
- **BUSINESS PHONE:** (800) 243-4361

**MAIL ADDRESS:**
- **STREET 1:** ONE FINANCIAL PLAZA
- **STREET 2:** 26TH FLOOR
- **CITY:** HARTFORD
- **STATE:** CT
- **ZIP:** 06103

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PHOENIX ASSET TRUST
- **DATE OF NAME CHANGE:** 20060523

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PHOENIX-KAYNE FUNDS
- **DATE OF NAME CHANGE:** 20021223

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** KAYNE ANDERSON RUDNICK MUTUAL FUNDS
- **DATE OF NAME CHANGE:** 20010226

## Series and Classes Contracts Data

### Virtus Seix Investment Grade Tax-Exempt Bond Fund (Series ID: S000057026)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000181173 | Class A      | SISIX           |
| C000181174 | Class I      | STTBX           |

## Nport-Ex

**VIRTUS Seix Investment Grade Tax-Exempt Bond Fund**

**SCHEDULE OF INVESTMENTS (Unaudited)**

**March 31, 2026**

($ reported in thousands)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | |
|:---|:---|:---|
|  | **Par Value** | **Value** |
| **Municipal Bonds**<sup>(1)</sup>**—89.9%** | **Municipal Bonds**<sup>(1)</sup>**—89.9%** | **Municipal Bonds**<sup>(1)</sup>**—89.9%** |
| **Alabama—1.4%** | **Alabama—1.4%** |  |
| &nbsp;&nbsp;&nbsp; Southeast Energy Authority A Cooperative District, <br> Natural Gas Revenue, Series E <br>5.000%, 10/1/30<br>| $1500 | &nbsp;&nbsp; $1592 |
| **California—1.8%** | **California—1.8%** |  |
| &nbsp;&nbsp;&nbsp; California County Tobacco Securitization Agency <br> Revenue, Series A<br>|  |  |
| &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br>5.000%, 6/1/27 | 100 | &nbsp;&nbsp; 102 |
| &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br>5.000%, 6/1/28 | 100 | &nbsp;&nbsp; 104 |
| California State Public Works Board, |  |  |
| &nbsp;&nbsp;&nbsp; Various Capital Project Revenue, Series A <br>5.000%, 9/1/38<br>| 1250 | &nbsp;&nbsp; 1402 |
| &nbsp;&nbsp;&nbsp; Various Capital Project Revenue, Series A <br>5.000%, 9/1/47<br>| 500 | &nbsp;&nbsp; 529 |
|  |  | &nbsp;&nbsp; 2137 |
| **Colorado—4.6%** | **Colorado—4.6%** |  |
| &nbsp;&nbsp;&nbsp; Board of Governors of Colorado State University <br> System, System Enterprise Revenue, Series C <br>5.000%, 3/1/36<br>| 1360 | &nbsp;&nbsp; 1527 |
| &nbsp;&nbsp;&nbsp; City of Colorado Springs Co. Utilities System Revenue, <br> Series B <br>5.000%, 11/15/43<br>| 1180 | &nbsp;&nbsp; 1280 |
| &nbsp;&nbsp;&nbsp; Colorado Bridge & Tunnel Enterprise, Miscellaneous <br> Revenue, Series A (AG Insured) <br>5.250%, 12/1/54<br>| 500 | &nbsp;&nbsp; 520 |
| &nbsp;&nbsp;&nbsp; Regional Transportation District, Sales Tax Revenue, <br> Series A<br>|  |  |
| &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br>5.000%, 1/15/27 | 900 | &nbsp;&nbsp; 912 |
| &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br>5.000%, 7/15/27 | 1025 | &nbsp;&nbsp; 1045 |
|  |  | &nbsp;&nbsp; 5284 |
| **Connecticut—2.0%** | **Connecticut—2.0%** |  |
| State of Connecticut, General Obligation, Series B |  |  |
| &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br>5.000%, 12/1/29 | 500 | &nbsp;&nbsp; 542 |
| &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br>5.000%, 12/1/34 | 1500 | &nbsp;&nbsp; 1720 |
|  |  | &nbsp;&nbsp; 2262 |
| **Florida—8.5%** | **Florida—8.5%** |  |
| &nbsp;&nbsp;&nbsp; City of Jacksonville, General Fund Revenue <br>5.000%, 10/1/37<br>| 1155 | &nbsp;&nbsp; 1298 |
| Florida Municipal Power Agency Revenue, Series A |  |  |
| &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br>3.000%, 10/1/32 | 750 | &nbsp;&nbsp; 719 |
| &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br>3.000%, 10/1/33 | 750 | &nbsp;&nbsp; 709 |
| &nbsp;&nbsp;&nbsp; Marion County School Board, Certificates of <br> Participation (AG Insured) <br>5.000%, 6/1/43<br>| 1530 | &nbsp;&nbsp; 1617 |
| &nbsp;&nbsp;&nbsp; Miami-Dade Seaport Department County Revenue, <br> Senior Bonds, Series A (AMT) <br>5.000%, 10/1/40<br>| 2500 | &nbsp;&nbsp; 2598 |
| &nbsp;&nbsp;&nbsp; Orange County School Board, Certificates of <br> Participation, Series A <br>5.000%, 8/1/34<br>| 1650 | &nbsp;&nbsp; 1869 |
| &nbsp;&nbsp;&nbsp; Tampa Bay Water, Water Revenue, Series A <br>5.000%, 10/1/49<br>| 1040 | &nbsp;&nbsp; 1078 |
|  |  | &nbsp;&nbsp; 9888 |

---

---

| | | |
|:---|:---|:---|
|  | **Par Value** | **Value** |
| **Georgia—3.3%** | **Georgia—3.3%** |  |
| &nbsp;&nbsp;&nbsp; Atlanta Urban Redevelopment Agency, Surface <br> Transportation & Infrastructure Project Revenue, <br> Series B <br>5.000%, 7/1/37<br>| $1350 | &nbsp;&nbsp; $1516 |
| &nbsp;&nbsp;&nbsp; Jackson County School District, General Obligation <br> State AID Withholding <br>5.000%, 3/1/35<br>| 2000 | &nbsp;&nbsp; 2293 |
|  |  | &nbsp;&nbsp; 3809 |
| **Illinois—3.9%** | **Illinois—3.9%** |  |
| &nbsp;&nbsp;&nbsp; City of Chicago Wastewater Transmission Revenue, <br> Second Lien,<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A (AG Insured) <br>5.250%, 1/1/40<br>| 2650 | &nbsp;&nbsp; 2841 |
| &nbsp;&nbsp;&nbsp; Series B (AG Insured) <br>5.000%, 1/1/38<br>| 1000 | &nbsp;&nbsp; 1071 |
| &nbsp;&nbsp;&nbsp; City of Chicago, General Obligation, Series E <br>6.000%, 1/1/42<br>| 525 | &nbsp;&nbsp; 570 |
|  |  | &nbsp;&nbsp; 4482 |
| **Indiana—3.6%** | **Indiana—3.6%** |  |
| &nbsp;&nbsp;&nbsp; Indianapolis Local Public Improvement Bond Bank, <br> Indianapolis Airport Authority Revenue <br>5.250%, 1/1/41<br>| 3870 | &nbsp;&nbsp; 4152 |
| **Louisiana—2.8%** | **Louisiana—2.8%** |  |
| State of Louisiana, General Obligation, |  |  |
| &nbsp;&nbsp;&nbsp; Series B <br>5.000%, 6/1/37<br>| 415 | &nbsp;&nbsp; 467 |
| &nbsp;&nbsp;&nbsp; Series E <br>5.000%, 9/1/27<br>| 1000 | &nbsp;&nbsp; 1034 |
| &nbsp;&nbsp;&nbsp; Series E <br>5.000%, 9/1/31<br>| 1550 | &nbsp;&nbsp; 1725 |
|  |  | &nbsp;&nbsp; 3226 |
| **Maryland—2.3%** | **Maryland—2.3%** |  |
| &nbsp;&nbsp;&nbsp; Anne Arundel County, General Obligation <br>5.000%, 10/1/30<br>| 2615 | &nbsp;&nbsp; 2646 |
| **Massachusetts—1.9%** | **Massachusetts—1.9%** |  |
| &nbsp;&nbsp;&nbsp; Commonwealth of Massachusetts, General Obligation, <br> Series E <br>5.000%, 8/1/41<br>| 1015 | &nbsp;&nbsp; 1122 |
| &nbsp;&nbsp;&nbsp; Massachusetts Bay Transportation Authority, Sales <br> Tax Revenue, Senior Bond, Series B <br>5.000%, 7/1/40<br>| 1000 | &nbsp;&nbsp; 1113 |
|  |  | &nbsp;&nbsp; 2235 |
| **Mississippi—2.7%** | **Mississippi—2.7%** |  |
| &nbsp;&nbsp;&nbsp; State of Mississippi, General Obligation, Series C <br>5.000%, 10/1/36<br>| 3000 | &nbsp;&nbsp; 3132 |
| **Nevada—0.7%** | **Nevada—0.7%** |  |
| &nbsp;&nbsp;&nbsp; Las Vegas Convention & Visitors Authority, Hotel <br> Occupancy Tax Revenue, Series A <br>5.000%, 7/1/49<br>| 760 | &nbsp;&nbsp; 777 |

---

See Notes to Schedule of Investments

------

**VIRTUS Seix Investment Grade Tax-Exempt Bond Fund**

**SCHEDULE OF INVESTMENTS (Unaudited) (Continued)**

**March 31, 2026**

($ reported in thousands)

---

| | | |
|:---|:---|:---|
|  | **Par Value** | **Value** |
| **New Jersey—3.3%** | **New Jersey—3.3%** |  |
| &nbsp;&nbsp;&nbsp; New Jersey Transportation Trust Fund Authority <br> Revenue,<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A <br>5.000%, 6/15/35<br>| $1390 | &nbsp;&nbsp; $1571 |
| &nbsp;&nbsp;&nbsp; Series AA <br>5.250%, 6/15/41<br>| 2000 | &nbsp;&nbsp; 2204 |
|  |  | &nbsp;&nbsp; 3775 |
| **New York—13.2%** | **New York—13.2%** |  |
| Battery Park City Authority, |  |  |
| &nbsp;&nbsp;&nbsp; Miscellaneous Revenue <br>5.000%, 11/1/43<br>| 1155 | &nbsp;&nbsp; 1278 |
| &nbsp;&nbsp;&nbsp; Miscellaneous Revenue <br>5.000%, 11/1/50<br>| 1000 | &nbsp;&nbsp; 1039 |
| &nbsp;&nbsp;&nbsp; New York City Municipal Water Finance Authority, <br> Water Revenue,<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series AA <br>5.000%, 6/15/49<br>| 915 | &nbsp;&nbsp; 947 |
| &nbsp;&nbsp;&nbsp; Series DD <br>5.000%, 6/15/38<br>| 1000 | &nbsp;&nbsp; 1149 |
| &nbsp;&nbsp;&nbsp; Series DD <br>5.000%, 6/15/46<br>| 1000 | &nbsp;&nbsp; 1058 |
| &nbsp;&nbsp;&nbsp; Series EE <br>5.000%, 6/15/45<br>| 1445 | &nbsp;&nbsp; 1478 |
| &nbsp;&nbsp;&nbsp; New York City Transitional Finance Authority, Income <br> Tax Revenue,<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A-1 <br>5.000%, 5/1/45<br>| 3000 | &nbsp;&nbsp; 3131 |
| &nbsp;&nbsp;&nbsp; Series H-1 <br>5.000%, 11/1/41<br>| 500 | &nbsp;&nbsp; 543 |
| &nbsp;&nbsp;&nbsp; Series H-1 <br>5.500%, 11/1/51<br>| 345 | &nbsp;&nbsp; 369 |
| &nbsp;&nbsp;&nbsp; New York State Dormitory Authority, Series A <br>5.000%, 3/15/27<br>| 1130 | &nbsp;&nbsp; 1157 |
| &nbsp;&nbsp;&nbsp; Port Authority of New York & New Jersey, (AMT) <br>5.000%, 10/15/30<br>| 1000 | &nbsp;&nbsp; 1084 |
| Utility Debt Securitization Authority |  |  |
| &nbsp;&nbsp;&nbsp; Revenue, Series TE-2 <br>5.000%, 12/15/38<br>| 1005 | &nbsp;&nbsp; 1148 |
| &nbsp;&nbsp;&nbsp; Revenue, Series TE-2 <br>5.000%, 12/15/41<br>| 750 | &nbsp;&nbsp; 842 |
|  |  | &nbsp;&nbsp; 15223 |
| **North Carolina—0.9%** | **North Carolina—0.9%** |  |
| &nbsp;&nbsp;&nbsp; City of Fayetteville, Public Works Commission <br> Revenue <br>4.000%, 3/1/55<br>| 1095 | &nbsp;&nbsp; 997 |
| **Ohio—1.2%** | **Ohio—1.2%** |  |
| &nbsp;&nbsp;&nbsp; Franklin County, Nationwide Children's Hospital <br> Revenue, Series A <br>5.250%, 11/1/55<br>| 650 | &nbsp;&nbsp; 670 |
| &nbsp;&nbsp;&nbsp; State of Ohio, General Obligation, Series A <br>5.000%, 3/1/43<br>| 700 | &nbsp;&nbsp; 766 |
|  |  | &nbsp;&nbsp; 1436 |

---

---

| | | |
|:---|:---|:---|
|  | **Par Value** | **Value** |
| **Oklahoma—1.0%** | **Oklahoma—1.0%** |  |
| &nbsp;&nbsp;&nbsp; Oklahoma Water Resources Board, Clean Water <br> Program Revenue <br>5.000%, 4/1/42<br>| $1100 | &nbsp;&nbsp; $1191 |
| **Oregon—2.0%** | **Oregon—2.0%** |  |
| &nbsp;&nbsp;&nbsp; Oregon State Lottery Revenue, Series A <br>5.250%, 4/1/42<br>| 500 | &nbsp;&nbsp; 558 |
| Port of Portland, Airport Revenue, Series 24B (AMT) |  |  |
| &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br>5.000%, 7/1/26 | 750 | &nbsp;&nbsp; 754 |
| &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br>5.000%, 7/1/30 | 1000 | &nbsp;&nbsp; 1014 |
|  |  | &nbsp;&nbsp; 2326 |
| **Pennsylvania—7.1%** | **Pennsylvania—7.1%** |  |
| &nbsp;&nbsp;&nbsp; City of Philadelphia, General Obligation, Series C <br>5.000%, 8/1/32<br>| 4300 | &nbsp;&nbsp; 4813 |
| &nbsp;&nbsp;&nbsp; Pennsylvania Economic Development Financing <br> Authority, PENNDOT Major Bridges Revenue (AMT) <br>5.250%, 6/30/35<br>| 750 | &nbsp;&nbsp; 813 |
| &nbsp;&nbsp;&nbsp; Pennsylvania Turnpike Commission, Toll Highway <br> Revenue,<br>|  |  |
| &nbsp;&nbsp;&nbsp; First Subordinate Series <br>5.000%, 12/1/39<br>| 1000 | &nbsp;&nbsp; 1084 |
| &nbsp;&nbsp;&nbsp; Series B <br>5.250%, 12/1/41<br>| 1000 | &nbsp;&nbsp; 1089 |
| &nbsp;&nbsp;&nbsp; Series B <br>5.250%, 12/1/52<br>| 400 | &nbsp;&nbsp; 415 |
|  |  | &nbsp;&nbsp; 8214 |
| **South Carolina—0.9%** | **South Carolina—0.9%** |  |
| &nbsp;&nbsp;&nbsp; South Carolina Jobs-Economic Development <br> Authority, Novant Health Obligated Group Revenue, <br> Series A <br>5.250%, 11/1/41<br>| 1000 | &nbsp;&nbsp; 1084 |
| **Texas—19.7%** | **Texas—19.7%** |  |
| &nbsp;&nbsp;&nbsp; Arlington Higher Education Finance Corp., Trinity <br> Basin Preparatory Revenue (PSF-GTD Insured) <br>4.500%, 8/15/53<br>| 430 | &nbsp;&nbsp; 407 |
| &nbsp;&nbsp;&nbsp; Central Texas Regional Mobility Authority, Toll <br> Highway Revenue, Senior Lien, Series E<br>|  |  |
| &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br>5.000%, 1/1/29 | 500 | &nbsp;&nbsp; 529 |
| &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br>5.000%, 1/1/30 | 1300 | &nbsp;&nbsp; 1397 |
| &nbsp;&nbsp;&nbsp; City of Austin Water & Wastewater System Revenue <br>5.000%, 11/15/47<br>| 1240 | &nbsp;&nbsp; 1303 |
| &nbsp;&nbsp;&nbsp; City of Austin, General Obligation <br>5.000%, 9/1/28<br>| 10 | &nbsp;&nbsp; 11 |
| &nbsp;&nbsp;&nbsp; City of Dallas, Waterworks & Sewer System Revenue, <br> Series A <br>5.000%, 10/1/31<br>| 6845 | &nbsp;&nbsp; 6921 |
| &nbsp;&nbsp;&nbsp; City of Houston, Combined Utility System Revenue, <br> First Subordinate Lien, Series A <br>5.000%, 11/15/38<br>| 1400 | &nbsp;&nbsp; 1539 |
| &nbsp;&nbsp;&nbsp; Clifton Higher Education Finance Corp., Revenue <br> (PSF-GTD Insured) <br>5.000%, 8/15/35<br>| 1715 | &nbsp;&nbsp; 1775 |
| &nbsp;&nbsp;&nbsp; Dallas Fort Worth International Airport Revenue, <br> Series C (AMT) <br>5.000%, 11/1/29<br>| 750 | &nbsp;&nbsp; 800 |

---

See Notes to Schedule of Investments

------

**VIRTUS Seix Investment Grade Tax-Exempt Bond Fund**

**SCHEDULE OF INVESTMENTS (Unaudited) (Continued)**

**March 31, 2026**

($ reported in thousands)

---

| | | |
|:---|:---|:---|
|  | **Par Value** | **Value** |
| **Texas—continued** | **Texas—continued** |  |
| &nbsp;&nbsp;&nbsp; Lovejoy Independent School District, General <br> Obligation (PSF-GTD Insured) <br>5.000%, 2/15/31<br>| $1020 | &nbsp;&nbsp; $1120 |
| &nbsp;&nbsp;&nbsp; North Texas Municipal Water District Water System <br> Revenue <br>5.000%, 9/1/31<br>| 500 | &nbsp;&nbsp; 524 |
| &nbsp;&nbsp;&nbsp; Permanent University Fund - University of Texas <br> System Revenue, Series B <br>5.000%, 7/1/36<br>| 1300 | &nbsp;&nbsp; 1490 |
| &nbsp;&nbsp;&nbsp; Spring Branch Independent School District, General <br> Obligation (PSF-GTD Insured) <br>5.000%, 2/1/29<br>| 1200 | &nbsp;&nbsp; 1279 |
| &nbsp;&nbsp;&nbsp; State of Texas, General Obligation <br>5.000%, 10/1/43<br>| 2500 | &nbsp;&nbsp; 2720 |
| &nbsp;&nbsp;&nbsp; Wichita Falls Independent School District, General <br> Obligation (PSF-GTD Insured) <br>4.000%, 2/1/29<br>| 1000 | &nbsp;&nbsp; 1031 |
|  |  | &nbsp;&nbsp; 22846 |
| **Utah—1.1%** | **Utah—1.1%** |  |
| &nbsp;&nbsp;&nbsp; City of Salt Lake City, Airport Revenue, Series A (AMT) <br>5.250%, 7/1/36<br>| 1145 | &nbsp;&nbsp; 1262 |
| **Total Municipal Bonds** <br>**(Identified Cost $103,857)** | **Total Municipal Bonds** <br>**(Identified Cost $103,857)** | &nbsp;&nbsp; **103976** |
| **Total Long-Term Investments—89.9%** <br>**(Identified Cost $103,857)** | **Total Long-Term Investments—89.9%** <br>**(Identified Cost $103,857)** | &nbsp;&nbsp; **103976** |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Short-Term Investments—10.5%** | **Short-Term Investments—10.5%** | **Short-Term Investments—10.5%** |
| **Money Market Mutual Funds—10.5%** | **Money Market Mutual Funds—10.5%** | **Money Market Mutual Funds—10.5%** |
| &nbsp;&nbsp;&nbsp; Dreyfus Government Cash Management Fund - <br> Institutional Shares (seven-day effective yield <br> 3.531%)<sup>(2)</sup> <br>| 590293 | &nbsp;&nbsp; $590 |
| &nbsp;&nbsp;&nbsp; State Street Institutional U.S. Government Money <br> Market Fund - Institutional Shares (seven-day <br> effective yield 3.520%)<sup>(2)</sup> <br>| 11610370 | &nbsp;&nbsp; 11611 |
| **Total Short-Term Investments** <br>**(Identified Cost $12,201)** | **Total Short-Term Investments** <br>**(Identified Cost $12,201)** | &nbsp;&nbsp; **12201** |
| **TOTAL INVESTMENTS—100.4%** <br>**(Identified Cost $116,058)** | **TOTAL INVESTMENTS—100.4%** <br>**(Identified Cost $116,058)** | &nbsp;&nbsp; **$116177** |
| Other assets and liabilities, net—(0.4)% | Other assets and liabilities, net—(0.4)% | &nbsp;&nbsp; (513)<br>|
| **NET ASSETS—100.0%** | **NET ASSETS—100.0%** | &nbsp;&nbsp; **$115664** |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | |
|:---|:---|
| **Abbreviations:** | **Abbreviations:** |
| AG | Assured Guaranty Inc. |
| AMT | Alternative Minimum Tax |
| PSF-GTD | Permanent School Fund Guarantee Program |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | |
|:---|:---|
| **Footnote Legend:** | **Footnote Legend:** |
| <sup>(1)</sup> <br>| At March 31, 2026, 12.0% of the securities in the portfolio are backed by <br> insurance of financial institutions and financial guaranty assurance agencies.<br>|
| <sup>(2)</sup> <br>| Shares of this fund are publicly offered, and its prospectus and annual report are <br> publicly available.<br>|

---

The following table summarizes the value of the Fund's investments as of March 31, 2026, based on the inputs used to value them (See Security Valuation Note 1 in the Notes to Schedule of Investments):

---

| | | | |
|:---|:---|:---|:---|
|  | Total <br>Value at <br>March 31, 2026<br>| Level 1 <br>Quoted Prices<br>| Level 2 <br>Significant <br>Observable <br>Inputs<br>|
| Assets: |  |  |  |
| Debt Instruments: |  |  |  |
| &nbsp;&nbsp;&nbsp; Municipal Bonds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $103976 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $103976 |
| Money Market Mutual Funds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 12201 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 12201 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — |
| Total Investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $116177 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $12201 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $103976 |

---

There were no securities valued using significant unobservable inputs (Level 3) at March 31, 2026.

There were no transfers into or out of Level 3 related to securities held at March 31, 2026.

See Notes to Schedule of Investments

------

**VIRTUS Seix Investment Grade Tax-Exempt Bond Fund**

**NOTES TO SCHEDULE OF INVESTMENTS (Unaudited)**

**March 31, 2026**

**Note 1. Security Valuation**

The Fund's Board of Trustees has designated the investment adviser as the valuation designee to perform fair valuations pursuant to Rule 2a-5 under the Investment Company Act of 1940. The Fund utilizes a fair value hierarchy which prioritizes the inputs to valuation techniques used to measure fair value into three broad levels. The Fund's policy is to recognize transfers into or out of Level 3 at the end of the reporting period.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 1 – quoted prices in active markets for identical securities (security types generally include listed equities).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 2 – prices determined using other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 3 – prices determined using significant unobservable inputs (including the investment adviser's Valuation Committee's own assumptions in determining the fair value of investments).

A description of the valuation techniques applied to the Fund's major categories of assets and liabilities measured at fair value on a recurring basis is as follows:

Equity securities are valued at the official closing price (typically last sale) on the exchange on which the securities are primarily traded or, if no closing price is available, at the last bid price and are categorized as Level 1 in the hierarchy. Illiquid, restricted equity securities and illiquid private placements are internally fair valued by the investment adviser's Valuation Committee, and are generally categorized as Level 3 in the hierarchy.

Certain non-U.S. securities may be fair valued in cases where closing prices are not readily available or are deemed not reflective of readily available market prices. For example, significant events (such as movement in the U.S. securities market, or other regional and local developments) may occur between the time that non-U.S. markets close (where the security is principally traded) and the time that the Fund calculates its net asset value ("NAV") at the close of regular trading on the New York Stock Exchange ("NYSE") (generally 4 p.m. Eastern time) that may impact the value of securities traded in these non-U.S. markets. In such cases, the Fund fair values non-U.S. securities using an independent pricing service which considers the correlation of the trading patterns of the non-U.S. security to the intraday trading in the U.S. markets for investments such as American Depositary Receipts, financial futures, Exchange-Traded Funds ("ETFs"), and certain indexes, as well as prices for similar securities. Such fair valuations are categorized as Level 2 in the hierarchy. Because the frequency of significant events is not predictable, fair valuation of certain non-U.S. common stocks may occur on a frequent basis.

Debt instruments, including convertible bonds, restricted securities, and leveraged loans are valued based on either evaluated or composite quotations received from independent pricing services or from dealers who make markets in such securities. For most bond types, the pricing service utilizes matrix pricing that considers one or more of the following factors: yield or price of bonds of comparable quality, coupon, maturity, current cash flows, type, activity of the underlying equities, and current day trade information, as well as dealer supplied prices. These valuations are generally categorized as Level 2 in the hierarchy. Structured debt instruments, such as mortgage-backed and asset-backed securities may also incorporate collateral analysis and utilize cash flow models for valuation and are generally categorized as Level 2 in the hierarchy. Pricing services do not provide pricing for all securities and therefore indicative bids from dealers are utilized which are based on pricing models used by market makers in the security and are generally categorized as Level 2 in the hierarchy. Debt instruments that are internally fair valued by the investment adviser's Valuation Committee are generally categorized as Level 3 in the hierarchy.

Listed derivatives, such as options and futures, that are actively traded are valued at the last posted settlement price from the exchange where they are principally traded and are categorized as Level 1 in the hierarchy. Over-the-counter derivative contracts, which include forward currency contracts, swaps, swaptions, options and equity-linked instruments, are valued based on model prices provided by independent pricing services or from dealer quotes. Depending on the derivative type and the specific terms of the transaction, these models vary and include observable inputs in actively quoted markets including but not limited to: underlying reference entity details, indices, spreads, interest rates, yield curves, dividend and exchange rates. These instruments are generally categorized as Level 2 in the hierarchy. Centrally cleared swaps listed or traded on a bilateral or trade facility platform, such as a registered exchange, are valued at the last posted settlement price determined by the respective exchange. These securities are generally categorized as Level 2 within the hierarchy.

Investments in open-end mutual funds are valued at NAV. Investments in closed-end funds and ETFs are valued as of the close of regular trading on the NYSE each business day. Each is categorized as Level 1 in the hierarchy.

A summary of the inputs used to value the Fund's net assets by each major security type is disclosed at the end of the Schedule of Investments for the Fund. The inputs or methodologies used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

**Note 2. Subsequent Events**

As approved by the Board of Trustees of the Trust, pursuant to an Agreement and Plan of Reorganization, Seix High Grade Municipal Bond Fund (the "Acquired Fund") will reorganize with and into Seix Investment Grade Tax-Exempt Bond Fund (the "Acquiring Fund"), a separate series of the Trust, on or about June 12, 2026. The Acquired Fund and the Acquiring Fund have the same Board of Trustees and subadviser, as well as the same portfolio manager.

As approved by the Board of Trustees of Virtus Opportunities Trust, pursuant to an Agreement and Plan of Reorganization, Virtus Seix Tax-Exempt Bond Fund (the "Acquired Fund") will reorganize with and into Virtus Seix Investment Grade Tax-Exempt Bond Fund (the "Acquiring Fund"), a series of Virtus Asset Trust, on or about June 12, 2026. The Acquired Fund and the Acquiring Fund have the same Board of Trustees and subadviser, as well as the same portfolio manager.

See Notes to Schedule of Investments

------

**VIRTUS Seix Investment Grade Tax-Exempt Bond Fund**

**SCHEDULE OF INVESTMENTS (Unaudited) (Continued)**

**March 31, 2026**

Effective June 12, 2026, Seix Investment Grade Tax-Exempt Bond Fund will change its name to Virtus Newfleet Intermediate Municipal Bond Fund and

Newfleet will replace Seix as the Subadviser.

*For additional information about significant accounting policies, refer to the Fund's most recent semi or annual financial statements.*

------

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Virtus Asset Trust

- **b. Investment Company Act file number:** 811-07705

- **c. CIK number of Registrant:** 0001018593

- **d. LEI of Registrant:** 5493001887IYOL1CRU72

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

  - **Street Address 1:** 101 Munson Street

  - **City:** Greenfield

  - **State:** MA

  - **Foreign country:** US

  - **Zip / Postal Code:** 01301-9668

  - **Telephone number:** 800-263-4790

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

- **a. Name of Series:** Virtus Seix Investment Grade Tax-Exempt Bond Fund

- **b. EDGAR series identifier (if any):** S000057026

- **c. LEI of Series:** 549300LNKCL4VRVSKI97

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

- **a. Date of fiscal year-end:** 2026-12-31

- **b. Date as of which information is reported:** 2026-03-31

**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:** $122288986.55

**Total Liabilities:** $6683295.09

**Net Assets:** $115605691.46

**Delayed Delivery Securities:** $5427565.90

**Cash Not Reported:** $4584741.47

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 0.00000000 | **1-Year:** -197.21562810 | **5-Year:** -3815.21692500 | **10-Year:** -12420.86371000 | **30-Year:** -48885.11952000

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

- **3-Month:** 0.00000000 | **1-Year:** 0.00000000 | **5-Year:** -2.40712876 | **10-Year:** 0.00000000 | **30-Year:** 0.00000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000181173 | 0.93%                | 0.99%                | -2.03%               |
| Class ID C000181174 | 0.94%                | 1.09%                | -2.11%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $5015.13                 | $848079.04                                 |
| Month 2  | $17064.53                | $986104.74                                 |
| Month 3  | $7142.77                 | $-2655622.60                               |

### Schedule of Portfolio Investments

| Name                                                       | Title                                                      | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| PENNSYLVANIA ECONOMIC DEVELOPMENT FINANCING AUTHORITY (PA) | PA PASDEV 5.25 06/30/2035                                  | CUSIP: 70868YAL3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $812624.55    | 0.70%             | 2035-06-30      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| NORTH TEX MUNICIPAL WATER DISTRICT (TX)                    | TX NRTWTR 5 09/01/2031                                     | CUSIP: 662903VX8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $524084.45    | 0.45%             | 2031-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| REGIONAL TRANSPORTATION DISTRICT (CO)                      | CO REGTRN 5 01/15/2027                                     | CUSIP: 759151BA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    900000 | PA      | $911845.08    | 0.79%             | 2027-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA COUNTY TOBACCO SECURITIZATION AGENCY (THE) (CA) | CA CASGEN 5 06/01/2027                                     | CUSIP: 13016NEK6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $102282.52    | 0.09%             | 2027-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK N Y CITY TRANSITIONAL FIN AUTH                    | NY NYCGEN 5 05/01/2045                                     | CUSIP: 64971X8F8<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3131454.30   | 2.71%             | 2045-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WICHITA FALLS TEX INDPT SCH DIST                           | TX WCFSCD 4 02/01/2029                                     | CUSIP: 967171QT9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1031115.40   | 0.89%             | 2029-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| INDIANAPOLIS IND LOC PUB IMPT BD BK                        | IN INPGEN 5.25 01/01/2041                                  | CUSIP: 45528U4M0<br>LEI: 549300LX8ESJHDSESB87 | Long             | DBT              | MUN               | US        |   3870000 | PA      | $4151917.50   | 3.59%             | 2041-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| BATTERY PK CITY AUTH N Y                                   | NY BTYGEN 5 11/01/2043                                     | CUSIP: 07133AKK7<br>LEI: 549300RF3SFDOWRHVM56 | Long             | DBT              | MUN               | US        |   1155000 | PA      | $1277982.67   | 1.11%             | 2043-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHICAGO ILL                                                | IL CHIUTL 5 01/01/2038                                     | CUSIP: 167727D86<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1070774.60   | 0.93%             | 2038-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| JACKSON COUNTY SCHOOL DISTRICT (GA)                        | GA JACSCD 5 03/01/2035                                     | CUSIP: 466784EJ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2293194.20   | 1.98%             | 2035-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SOUTHEAST ENERGY AUTH COOP DIST ALA                        | AL SEEPWR 5 10/01/2030                                     | CUSIP: 84136HCT8<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1591602.30   | 1.38%             | 2030-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BATTERY PK CITY AUTH N Y                                   | NY BTYGEN 5 11/01/2050                                     | CUSIP: 07133AKP6<br>LEI: 549300RF3SFDOWRHVM56 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1038758.70   | 0.90%             | 2050-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLORADO STATEWIDE BRIDGE AND TUNNEL ENTERPRISE            | CO CBTTRN 5.25 12/01/2054                                  | CUSIP: 19633TBA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $519893.50    | 0.45%             | 2054-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CLIFTON HIGHER EDUCATION FINANCE CORP (TX)                 | TX CLIEDU 5 08/15/2035                                     | CUSIP: 187145HY6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1715000 | PA      | $1774852.64   | 1.54%             | 2035-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HOUSTON CITY COMBINED UTILITY SYSTEM (TX)                  | TX HOUUTL 5 11/15/2038                                     | CUSIP: 44244CT64<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1539327.02   | 1.33%             | 2038-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST TPK COMMN                                  | PA PASTRN 5.25 12/01/2052                                  | CUSIP: 709225GL4<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |    400000 | PA      | $414850.16    | 0.36%             | 2052-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| MISSISSIPPI ST                                             | MS MSS 5 10/01/2036                                        | CUSIP: 605581PP6<br>LEI: 549300JRWW5RFQUB7P94 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3132092.40   | 2.71%             | 2036-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MARION COUNTY SCHOOL BOARD (FL)                            | FL MRNEDU 5 06/01/2043                                     | CUSIP: 56879EHK8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1530000 | PA      | $1616846.17   | 1.40%             | 2043-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UNIVERSITY TEX                                             | TX UNIHGR 5 07/01/2036                                     | CUSIP: 915130BH0<br>LEI: TEHUYFNKZR6XVWLGEU86 | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1489804.55   | 1.29%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK N Y CITY TRANSITIONAL FIN AUTH                    | NY NYCGEN 5 11/01/2041                                     | CUSIP: 64972JSZ2<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |    500000 | PA      | $543211.35    | 0.47%             | 2041-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Dreyfus Government Cash Management Funds                   | Dreyfus Government Cash Management Funds SH BEN INT        | CUSIP: 262006208<br>LEI: 5493000Q69I5Q3QZIA91 | Long             | STIV             | RF                | US        |    590293 | NS      | $590292.99    | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| PORT PORTLAND ORE                                          | OR PTPAPT 5 07/01/2026                                     | CUSIP: 735240L43<br>LEI: 549300BRH7XZ3ZK0DS46 | Long             | DBT              | MUN               | US        |    750000 | PA      | $753885.60    | 0.65%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LOUISIANA (LA), STATE OF                                   | LA LAS 5 09/01/2031                                        | CUSIP: 546417KH8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1550000 | PA      | $1724397.01   | 1.49%             | 2031-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ATLANTA GA URBAN REDEV AGY                                 | GA AURDEV 5 07/01/2037                                     | CUSIP: 047851DD9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1350000 | PA      | $1515418.88   | 1.31%             | 2037-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS BAY TRANSN AUTH MASS                         | MA MASTRN 5 07/01/2040                                     | CUSIP: 575579Z67<br>LEI: 549300D2U0XBUXGX8P68 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1113395.00   | 0.96%             | 2040-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SPRING BRANCH TEX INDPT SCH DIST                           | TX SPRSCD 5 02/01/2029                                     | CUSIP: 849476WX0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1278882.24   | 1.11%             | 2029-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK N Y CITY MUN WTR FIN AUTH                         | NY NYCUTL 5 06/15/2045                                     | CUSIP: 64972GA95<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |   1445000 | PA      | $1478198.01   | 1.28%             | 2045-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST TRANSN TR FD AUTH                            | NJ NJSTRN 5 06/15/2035                                     | CUSIP: 64613CEM6<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   1390000 | PA      | $1570576.43   | 1.36%             | 2035-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SOUTH CAROLINA JOBS-ECONOMIC DEV AUTH                      | SC SCSMED 5.25 11/01/2041                                  | CUSIP: 837032BU4<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1083830.80   | 0.94%             | 2041-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| TAMPA BAY WATER (FL)                                       | FL TAMWTR 5 10/01/2049                                     | CUSIP: 875124HW2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1040000 | PA      | $1078116.94   | 0.93%             | 2049-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA COUNTY TOBACCO SECURITIZATION AGENCY (THE) (CA) | CA CASGEN 5 06/01/2028                                     | CUSIP: 13016NEL4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $104094.94    | 0.09%             | 2028-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FRANKLIN CNTY OHIO                                         | OH FRAMED 5.25 11/01/2055                                  | CUSIP: 353187FK8<br>LEI: 549300VCBUC1RZE7KL42 | Long             | DBT              | MUN               | US        |    650000 | PA      | $670164.24    | 0.58%             | 2055-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| LOUISIANA ST                                               | LA LAS 5 06/01/2037                                        | CUSIP: 546417LB0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    415000 | PA      | $467115.66    | 0.40%             | 2037-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ARLINGTON HIGHER EDUCATION FINANCE CORP (TX)               | TX ARLEDU 4.5 08/15/2053                                   | CUSIP: 041807FG8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    430000 | PA      | $407061.56    | 0.35%             | 2053-08-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| LOUISIANA ST                                               | LA LAS 5 09/01/2027                                        | CUSIP: 546417KD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1033956.60   | 0.89%             | 2027-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST PUB WKS BRD                                  | CA CASFAC 5 09/01/2047                                     | CUSIP: 13068XTF6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $528480.85    | 0.46%             | 2047-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CENTRAL TEXAS REGIONAL MOBILITY AUTHORITY (TX)             | TX CTXGEN 5 01/01/2030                                     | CUSIP: 155498KC1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1397159.01   | 1.21%             | 2030-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHICAGO ILL                                                | IL CHIUTL 5.25 01/01/2040                                  | CUSIP: 167727B88<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |   2650000 | PA      | $2841581.75   | 2.46%             | 2040-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ANNE ARUNDEL CNTY MD                                       | MD AAR 5 10/01/2030                                        | CUSIP: 03588HQV1<br>LEI: 549300L8Q6EFVTZGWW41 | Long             | DBT              | MUN               | US        |   2615000 | PA      | $2645445.92   | 2.29%             | 2030-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DALLAS (TX), CITY OF                                       | TX DALUTL 5 10/01/2031                                     | CUSIP: 23542JAQ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6845000 | PA      | $6921120.51   | 5.99%             | 2031-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| JACKSONVILLE FLA                                           | FL JAC 5 10/01/2037                                        | CUSIP: 469487WT5<br>LEI: 549300XQE0JVN9WV0J40 | Long             | DBT              | MUN               | US        |   1155000 | PA      | $1298369.34   | 1.12%             | 2037-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK N Y CITY MUN WTR FIN AUTH                         | NY NYCUTL 5 06/15/2049                                     | CUSIP: 64972GK86<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |    915000 | PA      | $946811.81    | 0.82%             | 2049-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DALLAS-FORT WORTH TEX INTL ARPT                            | TX DALAPT 5 11/01/2029                                     | CUSIP: 23503CDK0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $800035.13    | 0.69%             | 2029-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FLORIDA ST MUN PWR AGY                                     | FL FLSPWR 3 10/01/2033                                     | CUSIP: 342816R98<br>LEI: 549300M3I10QJUPNU131 | Long             | DBT              | MUN               | US        |    750000 | PA      | $709508.40    | 0.61%             | 2033-10-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| COLORADO ST BRD GOVERNORS                                  | CO COSHGR 5 03/01/2036                                     | CUSIP: 196707Z63<br>LEI: 549300MAE3RAIIEIQV71 | Long             | DBT              | MUN               | US        |   1360000 | PA      | $1526935.51   | 1.32%             | 2036-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TEXAS ST                                                   | TX TXS 5 10/01/2043                                        | CUSIP: 882725DE1<br>LEI: 549300X9CH74QB747L76 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2720396.50   | 2.35%             | 2043-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLORADO SPRINGS (CO), CITY OF                             | CO CSPUTL 5 11/15/2043                                     | CUSIP: 1966327J6<br>LEI: 2549003N3PXBHQH2V448 | Long             | DBT              | MUN               | US        |   1180000 | PA      | $1280241.00   | 1.11%             | 2043-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST TRANSN TR FD AUTH                            | NJ NJSTRN 5.25 06/15/2041                                  | CUSIP: 64613CEV6<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2204484.60   | 1.91%             | 2041-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST                                           | MA MAS 5 08/01/2041                                        | CUSIP: 57582TEX6<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |   1015000 | PA      | $1121460.51   | 0.97%             | 2041-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SALT LAKE CITY (UT), CITY OF                               | UT SALAPT 5.25 07/01/2036                                  | CUSIP: 795576LT2<br>LEI: 549300CRGKV67DRSGT85 | Long             | DBT              | MUN               | US        |   1145000 | PA      | $1262150.90   | 1.09%             | 2036-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| OKLAHOMA ST WTR RES BRD                                    | OK OKSWTR 5 04/01/2042                                     | CUSIP: 67919PVA8<br>LEI: 5493007CUNXW5UX11C71 | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1190502.83   | 1.03%             | 2042-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST TPK COMMN                                  | PA PASTRN 5.25 12/01/2041                                  | CUSIP: 709225GF7<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1088717.30   | 0.94%             | 2041-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| FAYETTEVILLE N C PUB WKS COMMN                             | NC FAYFAC 4 03/01/2055                                     | CUSIP: 312805QM9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1095000 | PA      | $996991.92    | 0.86%             | 2055-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MIAMI-DADE CNTY FLA                                        | FL MDCTRN 5 10/01/2040                                     | CUSIP: 59335KEX1<br>LEI: 549300QG0NBD9HULR263 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2597970.75   | 2.25%             | 2040-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST TPK COMMN                                  | PA PASTRN 5 12/01/2039                                     | CUSIP: 709225HB5<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1084161.30   | 0.94%             | 2039-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST PUB WKS BRD                                  | CA CASFAC 5 09/01/2038                                     | CUSIP: 13068XSW0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1402434.63   | 1.21%             | 2038-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State Street Institutional Investment Trust                | State Street Institutional Investment Trust US GOV MMK INV | CUSIP: 857492649<br>LEI: 549300BZ5TGIFZUZDZ37 | Long             | STIV             | RF                | US        |  11639199 | NS      | $11639199.19  | 10.07%            |  |  |  | No            |                  1 | On Loan: No      |
| AUSTIN TEX                                                 | TX AUS 5 09/01/2028                                        | CUSIP: 052397ZG4<br>LEI: IW10PQVTU7HKS3JMW253 | Long             | DBT              | MUN               | US        |     10000 | PA      | $10536.60     | 0.01%             | 2028-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PORT AUTH N Y & N J                                        | NY PORTRN 5 10/15/2030                                     | CUSIP: 73358XRD6<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1084130.00   | 0.94%             | 2030-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FLORIDA ST MUN PWR AGY                                     | FL FLSPWR 3 10/01/2032                                     | CUSIP: 342816R80<br>LEI: 549300M3I10QJUPNU131 | Long             | DBT              | MUN               | US        |    750000 | PA      | $718641.38    | 0.62%             | 2032-10-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| PORT PORTLAND ORE                                          | OR PTPAPT 5 07/01/2030                                     | CUSIP: 735240L84<br>LEI: 549300BRH7XZ3ZK0DS46 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1013843.40   | 0.88%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| REGIONAL TRANSPORTATION DISTRICT (CO)                      | CO REGTRN 5 07/15/2027                                     | CUSIP: 759151BB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1025000 | PA      | $1045462.69   | 0.90%             | 2027-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OHIO ST                                                    | OH OHS 5 03/01/2043                                        | CUSIP: 677523SV5<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |    700000 | PA      | $766145.03    | 0.66%             | 2043-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OREGON ST DEPT ADMINISTRATIVE SVCS                         | OR ORSGEN 5.25 04/01/2042                                  | CUSIP: 68607V6Q3<br>LEI: 549300R5SUGZRD8KP359 | Long             | DBT              | MUN               | US        |    500000 | PA      | $558633.60    | 0.48%             | 2042-04-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| UTILITY DEBT SECURITIZATION AUTHORITY (NY)                 | NY UTLUTL 5 12/15/2038                                     | CUSIP: 91802RJE0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1005000 | PA      | $1148274.01   | 0.99%             | 2038-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHICAGO ILL                                                | IL CHI 6 01/01/2042                                        | CUSIP: 167486W47<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |    525000 | PA      | $569919.16    | 0.49%             | 2042-01-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| LOVEJOY INDPT SCH DIST TEX                                 | TX LOVSCD 5 02/15/2031                                     | CUSIP: 547160XN6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1020000 | PA      | $1119973.97   | 0.97%             | 2031-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| AUSTIN TEX                                                 | TX AUSUTL 5 11/15/2047                                     | CUSIP: 052477R81<br>LEI: IW10PQVTU7HKS3JMW253 | Long             | DBT              | MUN               | US        |   1240000 | PA      | $1303024.24   | 1.13%             | 2047-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CENTRAL TEXAS REGIONAL MOBILITY AUTHORITY (TX)             | TX CTXGEN 5 01/01/2029                                     | CUSIP: 155498KB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $528818.35    | 0.46%             | 2029-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT ST                                             | CT CTS 5 12/01/2034                                        | CUSIP: 20772KC72<br>LEI: 5493007GRO6CU0IKP741 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1720552.50   | 1.49%             | 2034-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PHILADELPHIA PA                                            | PA PHI 5 08/01/2032                                        | CUSIP: 717813C72<br>LEI: 549300IVFOPB4AG7UL47 | Long             | DBT              | MUN               | US        |   4300000 | PA      | $4813463.00   | 4.16%             | 2032-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UTILITY DEBT SECURITIZATION AUTHORITY (NY)                 | NY UTLUTL 5 12/15/2041                                     | CUSIP: 91802RJH3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $842360.63    | 0.73%             | 2041-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST DORM AUTH                                      | NY NYSGEN 5 03/15/2027                                     | CUSIP: 64990KJP9<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   1130000 | PA      | $1156800.55   | 1.00%             | 2027-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LAS VEGAS CONVENTION AND VISITORS AUTHORITY (NV)           | NV LASGEN 5 07/01/2049                                     | CUSIP: 51771FCF1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    760000 | PA      | $777398.91    | 0.67%             | 2049-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK N Y CITY MUN WTR FIN AUTH                         | NY NYCUTL 5 06/15/2038                                     | CUSIP: 64972GV68<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1148822.40   | 0.99%             | 2038-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK N Y CITY TRANSITIONAL FIN AUTH                    | NY NYCGEN 5.5 11/01/2051                                   | CUSIP: 64972JTH1<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |    345000 | PA      | $368603.14    | 0.32%             | 2051-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| NEW YORK N Y CITY MUN WTR FIN AUTH                         | NY NYCUTL 5 06/15/2046                                     | CUSIP: 64972GV43<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1057537.30   | 0.91%             | 2046-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT ST                                             | CT CTS 5 12/01/2029                                        | CUSIP: 20772KC23<br>LEI: 5493007GRO6CU0IKP741 | Long             | DBT              | MUN               | US        |    500000 | PA      | $541567.55    | 0.47%             | 2029-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ORANGE CNTY FLA SCH BRD                                    | FL ORAEDU 5 08/01/2034                                     | CUSIP: 684517SS5<br>LEI: 549300SEFJ368NVQXL34 | Long             | DBT              | MUN               | US        |   1650000 | PA      | $1868938.83   | 1.62%             | 2034-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-05-29

**Name of Applicant:** Virtus Asset Trust

**Signature:** Amy Hackett

**Name of Signer:** Amy Hackett

**Title:** Vice President and Assistant Treasurer