# EDGAR Filing Document

**Accession Number:** 0001081400
**File Stem:** 0001410368-25-030658
**Filing Date:** 2025-11
**Character Count:** 87636
**Document Hash:** fa32dc9f5279f29d96a2cb1c7822ab17
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001410368-25-030658.hdr.sgml**: 20251125

**ACCESSION NUMBER**: 0001410368-25-030658

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251125

**DATE AS OF CHANGE**: 20251125

**PERIOD START**: 20260630

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** ALLSPRING FUNDS TRUST
- **CENTRAL INDEX KEY:** 0001081400

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-09253
- **FILM NUMBER:** 251516047

**BUSINESS ADDRESS:**
- **STREET 1:** 1415 VANTAGE PARK DRIVE
- **STREET 2:** 3RD FLOOR
- **CITY:** CHARLOTTE
- **STATE:** NC
- **ZIP:** 28203
- **BUSINESS PHONE:** 833-568-4255

**MAIL ADDRESS:**
- **STREET 1:** 1415 VANTAGE PARK DRIVE
- **STREET 2:** 3RD FLOOR
- **CITY:** CHARLOTTE
- **STATE:** NC
- **ZIP:** 28203

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** WELLS FARGO FUNDS TRUST
- **DATE OF NAME CHANGE:** 19990308

## Series and Classes Contracts Data

### Allspring Pennsylvania Tax-Free Fund (Series ID: S000029095)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000089441 | Class A             | EKVAX           |
| C000089443 | Class C             | EKVCX           |
| C000089444 | Institutional Class | EKVYX           |

## Nport-Ex

Portfolio of investments—September 30, 2025 (unaudited)

Portfolio of investments

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

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Interest <br>rate<br>| Maturity <br>date<br>| Principal | Value |
| **Municipal obligations: 98.43%** |  |  |  |  |
| **Alabama: 0.85%** |  |  |  |  |
| **Utilities revenue: 0.85%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Southeast Energy Authority A Cooperative District Project No. 5 <br> Series Aøø<br>| 5.25<br> %<br>| &nbsp;&nbsp; 1-1-2054 | $750000 | &nbsp;&nbsp; $**795031** |
| **Guam: 1.93%** |  |  |  |  |
| **Airport revenue: 0.84%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Antonio B Won Pat International Airport Authority Series A AMT | 5.25 | &nbsp;&nbsp; 10-1-2031 | 200000 | &nbsp;&nbsp; 215949 |
| &nbsp;&nbsp;&nbsp; Port Authority of Guam Series B AMT | 5.00 | &nbsp;&nbsp; 7-1-2032 | 550000 | &nbsp;&nbsp; 568596 |
|  |  |  |  | &nbsp;&nbsp; **784545** |
| **Miscellaneous revenue: 1.09%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Territory of Guam Series F | 4.00 | &nbsp;&nbsp; 1-1-2042 | 500000 | &nbsp;&nbsp; 464434 |
| &nbsp;&nbsp;&nbsp; Territory of Guam Series G | 5.00 | &nbsp;&nbsp; 1-1-2035 | 500000 | &nbsp;&nbsp; 548448 |
|  |  |  |  | &nbsp;&nbsp; **1012882** |
|  |  |  |  | &nbsp;&nbsp; **1797427** |
| **Illinois: 0.53%** |  |  |  |  |
| **Airport revenue: 0.53%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Chicago O'Hare International Airport Customer Facility Charge Revenue <br> (BAM Insured)<br>| 5.00 | &nbsp;&nbsp; 1-1-2030 | 450000 | &nbsp;&nbsp; **494257** |
| **Pennsylvania: 94.53%** |  |  |  |  |
| **Airport revenue: 1.61%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Allegheny County Airport Authority Series A AMT | 5.00 | &nbsp;&nbsp; 1-1-2051 | 1500000 | &nbsp;&nbsp; **1501056** |
| **Education revenue: 20.77%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Allentown Commercial & IDA Executive Education Academy Charter <br> School144A<br>| 5.00 | &nbsp;&nbsp; 7-1-2050 | 1000000 | &nbsp;&nbsp; 940801 |
| &nbsp;&nbsp;&nbsp; Chester County IDA Avon Grove Charter School | 5.00 | &nbsp;&nbsp; 3-1-2027 | 500000 | &nbsp;&nbsp; 505858 |
| &nbsp;&nbsp;&nbsp; Chester County IDA Avon Grove Charter School Series A | 5.00 | &nbsp;&nbsp; 12-15-2047 | 1160000 | &nbsp;&nbsp; 1106623 |
| &nbsp;&nbsp;&nbsp; Chester County IDA Collegium Charter School Series A | 5.13 | &nbsp;&nbsp; 10-15-2037 | 1000000 | &nbsp;&nbsp; 969751 |
| &nbsp;&nbsp;&nbsp; Cumberland County Municipal Authority Dickinson College | 5.00 | &nbsp;&nbsp; 5-1-2032 | 940000 | &nbsp;&nbsp; 950441 |
| &nbsp;&nbsp;&nbsp; General Authority of Southcentral Pennsylvania York College Series TT2 | 4.00 | &nbsp;&nbsp; 5-1-2032 | 330000 | &nbsp;&nbsp; 337455 |
| &nbsp;&nbsp;&nbsp; General Authority of Southcentral Pennsylvania York College Series TT2 | 4.00 | &nbsp;&nbsp; 5-1-2033 | 315000 | &nbsp;&nbsp; 319932 |
| &nbsp;&nbsp;&nbsp; General Authority of Southcentral Pennsylvania York College Series TT2 | 4.00 | &nbsp;&nbsp; 5-1-2034 | 550000 | &nbsp;&nbsp; 555198 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Lehigh County General Purpose Authority Valley Academy Regional <br> Charter School<br>| 4.00 | &nbsp;&nbsp; 6-1-2032 | 675000 | &nbsp;&nbsp; 680346 |
| &nbsp;&nbsp;&nbsp; Lehigh County IDA Seven Generations Charter School Series A | 4.00 | &nbsp;&nbsp; 5-1-2051 | 750000 | &nbsp;&nbsp; 569069 |
| &nbsp;&nbsp;&nbsp; Montgomery County IDA Public School of Germantown Series A | 4.00 | &nbsp;&nbsp; 10-1-2041 | 450000 | &nbsp;&nbsp; 403149 |
| &nbsp;&nbsp;&nbsp; Montgomery County IDA Public School of Germantown Series A | 4.00 | &nbsp;&nbsp; 10-1-2046 | 225000 | &nbsp;&nbsp; 195558 |
| &nbsp;&nbsp;&nbsp; Montgomery County IDA Public School of Germantown Series A | 4.00 | &nbsp;&nbsp; 10-1-2051 | 825000 | &nbsp;&nbsp; 690132 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Northampton County General Purpose Authority Lehigh University <br> Series B (TD Bank N.A. SPA)ø<br>| 2.90 | &nbsp;&nbsp; 11-15-2039 | 1700000 | &nbsp;&nbsp; 1700000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Northeastern Pennsylvania Hospital & Education Authority Wilkes <br> University Series B<br>| 5.25 | &nbsp;&nbsp; 3-1-2037 | 1000000 | &nbsp;&nbsp; 1001624 |
| &nbsp;&nbsp;&nbsp; Pennsylvania EDFA Villanova University | 5.00 | &nbsp;&nbsp; 8-1-2049 | 1500000 | &nbsp;&nbsp; 1568994 |
| &nbsp;&nbsp;&nbsp; Pennsylvania Higher Education Assistance Agency Series 1A AMT | 5.00 | &nbsp;&nbsp; 6-1-2031 | 1000000 | &nbsp;&nbsp; 1066422 |

---

See accompanying notes to portfolio of investments

Allspring Pennsylvania Tax-Free Fund \| 1

------

Portfolio of investments—September 30, 2025 (unaudited)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Interest<br> rate<br>| Maturity<br> date<br>| Principal | Value |
| **Education revenue**(continued) |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pennsylvania Higher Educational Facilities Authority Ursinus College <br> Series A<br>| 5.00<br> %<br>| &nbsp;&nbsp; 11-1-2026 | $500000 | &nbsp;&nbsp; $507583 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pennsylvania Higher Educational Facilities Authority Ursinus College <br> Series A<br>| 5.00 | &nbsp;&nbsp; 11-1-2027 | 300000 | &nbsp;&nbsp; 307495 |
| &nbsp;&nbsp;&nbsp; Pennsylvania State University | 5.00 | &nbsp;&nbsp; 9-1-2042 | 865000 | &nbsp;&nbsp; 920819 |
| &nbsp;&nbsp;&nbsp; Philadelphia IDA Green Woods Charter School Series A | 5.00 | &nbsp;&nbsp; 6-15-2032 | 235000 | &nbsp;&nbsp; 243127 |
| &nbsp;&nbsp;&nbsp; Philadelphia IDA Independence Charter School West | 5.00 | &nbsp;&nbsp; 6-15-2039 | 250000 | &nbsp;&nbsp; 237228 |
| &nbsp;&nbsp;&nbsp; Philadelphia IDA Performing Arts Charter School144A | 5.00 | &nbsp;&nbsp; 6-15-2029 | 220000 | &nbsp;&nbsp; 225807 |
| &nbsp;&nbsp;&nbsp; Philadelphia IDA Performing Arts Charter School144A | 5.00 | &nbsp;&nbsp; 6-15-2030 | 145000 | &nbsp;&nbsp; 148440 |
| &nbsp;&nbsp;&nbsp; Philadelphia IDA Tacony Academy Charter School144A | 5.50 | &nbsp;&nbsp; 6-15-2043 | 500000 | &nbsp;&nbsp; 485071 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Philadelphia IDA West Philadelphia Achievement Charter Elementary <br> School<br>| 7.50 | &nbsp;&nbsp; 5-1-2031 | 1285000 | &nbsp;&nbsp; 1287844 |
| &nbsp;&nbsp;&nbsp; Swarthmore Borough Authority | 5.00 | &nbsp;&nbsp; 9-15-2041 | 350000 | &nbsp;&nbsp; 375173 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Tender Option Bond Trust Receipts/Certificates Series 2024-XL0539 <br> (Morgan Stanley Bank LIQ)144Aø<br>| 2.92 | &nbsp;&nbsp; 8-1-2054 | 1000000 | &nbsp;&nbsp; 1000000 |
|  |  |  |  | &nbsp;&nbsp; **19299940** |
| **GO revenue: 16.59%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Allentown City School District (AG Insured) | 5.00 | &nbsp;&nbsp; 6-1-2049 | 300000 | &nbsp;&nbsp; 311400 |
| &nbsp;&nbsp;&nbsp; Blue Mountain School District Series B (AG Insured) | 4.00 | &nbsp;&nbsp; 8-1-2036 | 350000 | &nbsp;&nbsp; 354112 |
| &nbsp;&nbsp;&nbsp; City of Oil City Series A (AG Insured) | 4.00 | &nbsp;&nbsp; 12-1-2039 | 315000 | &nbsp;&nbsp; 313098 |
| &nbsp;&nbsp;&nbsp; City of Oil City Series A (AG Insured) | 4.00 | &nbsp;&nbsp; 12-1-2040 | 250000 | &nbsp;&nbsp; 250247 |
| &nbsp;&nbsp;&nbsp; City of Oil City Series A (AG Insured) | 4.00 | &nbsp;&nbsp; 12-1-2041 | 250000 | &nbsp;&nbsp; 248674 |
| &nbsp;&nbsp;&nbsp; City of Oil City Series A (AG Insured) | 4.00 | &nbsp;&nbsp; 12-1-2042 | 200000 | &nbsp;&nbsp; 196232 |
| &nbsp;&nbsp;&nbsp; City of Pittsburgh | 5.00 | &nbsp;&nbsp; 9-1-2043 | 600000 | &nbsp;&nbsp; 623511 |
| &nbsp;&nbsp;&nbsp; City of Pittsburgh | 5.00 | &nbsp;&nbsp; 9-1-2044 | 400000 | &nbsp;&nbsp; 419083 |
| &nbsp;&nbsp;&nbsp; Coatesville School District Series C CAB (BAM Insured)¤ | 0.00 | &nbsp;&nbsp; 10-1-2033 | 1000000 | &nbsp;&nbsp; 731099 |
| &nbsp;&nbsp;&nbsp; Conestoga Valley School District Series A | 4.00 | &nbsp;&nbsp; 2-1-2043 | 500000 | &nbsp;&nbsp; 485022 |
| &nbsp;&nbsp;&nbsp; Highlands School District (AG Insured) | 5.00 | &nbsp;&nbsp; 4-15-2035 | 295000 | &nbsp;&nbsp; 319849 |
| &nbsp;&nbsp;&nbsp; Interboro School District (AG Insured) | 5.50 | &nbsp;&nbsp; 8-15-2063 | 1500000 | &nbsp;&nbsp; 1593139 |
| &nbsp;&nbsp;&nbsp; Mechanicsburg Area School District (AG Insured) | 5.00 | &nbsp;&nbsp; 5-15-2051 | 1100000 | &nbsp;&nbsp; 1128092 |
| &nbsp;&nbsp;&nbsp; Montour School District Series B (AG Insured) | 5.00 | &nbsp;&nbsp; 4-1-2032 | 1000000 | &nbsp;&nbsp; 1001558 |
| &nbsp;&nbsp;&nbsp; Penn Delco School District | 4.00 | &nbsp;&nbsp; 6-1-2045 | 1000000 | &nbsp;&nbsp; 957715 |
| &nbsp;&nbsp;&nbsp; Pequea Valley School District | 4.00 | &nbsp;&nbsp; 5-15-2049 | 750000 | &nbsp;&nbsp; 694433 |
| &nbsp;&nbsp;&nbsp; School District of Philadelphia Series B | 5.00 | &nbsp;&nbsp; 9-1-2043 | 1235000 | &nbsp;&nbsp; 1259317 |
| &nbsp;&nbsp;&nbsp; School District of Philadelphia Series B | 5.00 | &nbsp;&nbsp; 9-1-2048 | 1000000 | &nbsp;&nbsp; 1023001 |
| &nbsp;&nbsp;&nbsp; State College Area School District | 5.00 | &nbsp;&nbsp; 3-15-2040 | 1500000 | &nbsp;&nbsp; 1500257 |
| &nbsp;&nbsp;&nbsp; West Shore School District | 5.00 | &nbsp;&nbsp; 11-15-2048 | 1500000 | &nbsp;&nbsp; 1511475 |
| &nbsp;&nbsp;&nbsp; Wilkes-Barre Area School District (BAM Insured) | 5.00 | &nbsp;&nbsp; 4-15-2027 | 100000 | &nbsp;&nbsp; 102935 |
| &nbsp;&nbsp;&nbsp; Wilkes-Barre Area School District (BAM Insured) | 5.00 | &nbsp;&nbsp; 4-15-2029 | 50000 | &nbsp;&nbsp; 53323 |
| &nbsp;&nbsp;&nbsp; Wilkes-Barre Area School District (BAM Insured) | 5.00 | &nbsp;&nbsp; 4-15-2030 | 70000 | &nbsp;&nbsp; 75517 |
| &nbsp;&nbsp;&nbsp; Wyalusing Area School District | 5.00 | &nbsp;&nbsp; 4-1-2040 | 100000 | &nbsp;&nbsp; 107972 |
| &nbsp;&nbsp;&nbsp; Wyalusing Area School District | 5.00 | &nbsp;&nbsp; 4-1-2045 | 145000 | &nbsp;&nbsp; 150205 |
|  |  |  |  | &nbsp;&nbsp; **15411266** |
| **Health revenue: 27.05%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Allegheny County Hospital Development Authority Health Network <br> Obligated Group Series A<br>| 4.00 | &nbsp;&nbsp; 4-1-2044 | 1810000 | &nbsp;&nbsp; 1632841 |

---

See accompanying notes to portfolio of investments

2 \| Allspring Pennsylvania Tax-Free Fund

------

Portfolio of investments—September 30, 2025 (unaudited)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Interest<br> rate<br>| Maturity<br> date<br>| Principal | Value |
| **Health revenue**(continued) |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Allegheny County Hospital Development Authority UPMC Obligated <br> Group (SIFMA Municipal Swap+0.70%)±<br>| 3.59<br> %<br>| &nbsp;&nbsp; 11-15-2047 | $1000000 | &nbsp;&nbsp; $991580 |
| &nbsp;&nbsp;&nbsp; Bucks County IDA St. Luke's Hospital Obligated Group | 4.00 | &nbsp;&nbsp; 8-15-2050 | 400000 | &nbsp;&nbsp; 339171 |
| &nbsp;&nbsp;&nbsp; County of Lehigh Valley Health Network Obligated Group Series A | 4.00 | &nbsp;&nbsp; 7-1-2049 | 1105000 | &nbsp;&nbsp; 956188 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Cumberland County Municipal Authority Lutheran Senior Services East <br> Obligated Group<br>| 5.00 | &nbsp;&nbsp; 1-1-2028 | 805000 | &nbsp;&nbsp; 805471 |
| &nbsp;&nbsp;&nbsp; Dauphin County General Authority UPMC Obligated Group Series A | 5.00 | &nbsp;&nbsp; 6-1-2035 | 1000000 | &nbsp;&nbsp; 1009235 |
| &nbsp;&nbsp;&nbsp; Doylestown Hospital Authority Obligated Group Series A | 5.00 | &nbsp;&nbsp; 7-1-2049 | 250000 | &nbsp;&nbsp; 254468 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; East Hempfield Township IDA Willow Valley Communities Obligated <br> Group<br>| 5.00 | &nbsp;&nbsp; 12-1-2028 | 450000 | &nbsp;&nbsp; 450593 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; East Hempfield Township IDA Willow Valley Communities Obligated <br> Group<br>| 5.00 | &nbsp;&nbsp; 12-1-2029 | 375000 | &nbsp;&nbsp; 375487 |
| &nbsp;&nbsp;&nbsp; Geisinger Authority Kaiser Obligated Group Series A | 4.00 | &nbsp;&nbsp; 4-1-2050 | 1000000 | &nbsp;&nbsp; 885992 |
| &nbsp;&nbsp;&nbsp; Geisinger Authority Kaiser Obligated Group Series A | 5.00 | &nbsp;&nbsp; 6-1-2041 | 1000000 | &nbsp;&nbsp; 1000321 |
| &nbsp;&nbsp;&nbsp; Geisinger Authority Kaiser Obligated Group Series A-1 | 5.00 | &nbsp;&nbsp; 2-15-2045 | 1000000 | &nbsp;&nbsp; 1007493 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; General Authority of Southcentral Pennsylvania WellSpan Health <br> Obligated Group Series E (U.S. Bank N.A. SPA)ø<br>| 3.50 | &nbsp;&nbsp; 6-1-2035 | 1000000 | &nbsp;&nbsp; 1000000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Hospitals & Higher Education Facilities Authority of Philadelphia Temple <br> University Health System Obligated Group (AG Insured)<br>| 5.00 | &nbsp;&nbsp; 7-1-2037 | 1000000 | &nbsp;&nbsp; 1076493 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Lancaster County Hospital Authority Penn State Health Obligated <br> Group<br>| 5.00 | &nbsp;&nbsp; 11-1-2051 | 2125000 | &nbsp;&nbsp; 2095396 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Lancaster County Hospital Authority St. Anne's Retirement Community <br> Obligated Group<br>| 5.00 | &nbsp;&nbsp; 3-1-2045 | 500000 | &nbsp;&nbsp; 423601 |
| &nbsp;&nbsp;&nbsp; Lancaster IDA Willow Valley Communities Obligated Group | 5.00 | &nbsp;&nbsp; 12-1-2044 | 895000 | &nbsp;&nbsp; 871839 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Lancaster Municipal Authority Garden Spot Village Obligated Group <br> Series B<br>| 5.00 | &nbsp;&nbsp; 5-1-2054 | 400000 | &nbsp;&nbsp; 385600 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Montgomery County Higher Education & Health Authority Thomas <br> Jefferson University Obligated Group Series B<br>| 5.00 | &nbsp;&nbsp; 5-1-2047 | 575000 | &nbsp;&nbsp; 580740 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Montgomery County Higher Education & Health Authority Thomas <br> Jefferson University Obligated Group Series B<br>| 5.00 | &nbsp;&nbsp; 5-1-2052 | 1000000 | &nbsp;&nbsp; 1007899 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Montgomery County IDA ACTS Retirement-Life Communities, Inc. <br> Obligated Group Series C<br>| 5.00 | &nbsp;&nbsp; 11-15-2045 | 1000000 | &nbsp;&nbsp; 992891 |
| &nbsp;&nbsp;&nbsp; Montgomery County IDA Waverly Heights Ltd. Obligated Group | 5.00 | &nbsp;&nbsp; 12-1-2044 | 1000000 | &nbsp;&nbsp; 990859 |
| &nbsp;&nbsp;&nbsp; Pennsylvania EDFA Presbyterian Homes Obligated Group Series B-1 | 5.25 | &nbsp;&nbsp; 7-1-2049 | 500000 | &nbsp;&nbsp; 497411 |
| &nbsp;&nbsp;&nbsp; Pennsylvania EDFA UPMC Obligated Group Series A-1 | 4.00 | &nbsp;&nbsp; 4-15-2037 | 700000 | &nbsp;&nbsp; 686237 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pennsylvania Higher Educational Facilities Authority Health System <br> Obligated Group<br>| 5.00 | &nbsp;&nbsp; 8-15-2049 | 1000000 | &nbsp;&nbsp; 1014745 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pennsylvania Higher Educational Facilities Authority Health System <br> Obligated Group Series A (Bank of America N.A. LOC)ø<br>| 2.85 | &nbsp;&nbsp; 1-1-2038 | 700000 | &nbsp;&nbsp; 700000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Philadelphia IDA Children's Hospital of Philadelphia Obligated Group <br> Series B-2 (JPMorgan Chase Bank N.A. SPA)ø<br>| 3.70 | &nbsp;&nbsp; 7-1-2054 | 1800000 | &nbsp;&nbsp; 1800000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Philadelphia IDA Greater Delaware Valley Society of Transplant <br> Surgeons (TD Bank N.A. LOC)ø<br>| 2.95 | &nbsp;&nbsp; 12-1-2034 | 155000 | &nbsp;&nbsp; 155000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; West Cornwall Township Municipal Authority Lebanon Valley Brethren <br> Home Obligated Group Series A<br>| 4.00 | &nbsp;&nbsp; 11-15-2041 | 370000 | &nbsp;&nbsp; 328067 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; West Cornwall Township Municipal Authority Lebanon Valley Brethren <br> Home Obligated Group Series A<br>| 4.00 | &nbsp;&nbsp; 11-15-2046 | 525000 | &nbsp;&nbsp; 433251 |
| &nbsp;&nbsp;&nbsp; Westmoreland County IDA Excela Health Obligated Group Series A | 4.00 | &nbsp;&nbsp; 7-1-2037 | 400000 | &nbsp;&nbsp; 379516 |
|  |  |  |  | &nbsp;&nbsp; **25128385** |

---

See accompanying notes to portfolio of investments

Allspring Pennsylvania Tax-Free Fund \| 3

------

Portfolio of investments—September 30, 2025 (unaudited)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Interest<br> rate<br>| Maturity<br> date<br>| Principal | Value |
| **Housing revenue: 6.85%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Chester County IDA University Student Housing LLC Series A | 5.00<br> %<br>| &nbsp;&nbsp; 8-1-2030 | $415000 | &nbsp;&nbsp; $415185 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Delaware County Vocational & Technical School Authority Delaware <br> County Intermediate Unit (BAM Insured)<br>| 5.50 | &nbsp;&nbsp; 11-1-2050 | 1000000 | &nbsp;&nbsp; 1053506 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pennsylvania EDFA Commonwealth of Pennsylvania Motor License Fund <br> AMT<br>| 5.75 | &nbsp;&nbsp; 6-30-2048 | 750000 | &nbsp;&nbsp; 775731 |
| &nbsp;&nbsp;&nbsp; Pennsylvania Housing Finance Agency | 4.45 | &nbsp;&nbsp; 10-1-2044 | 1000000 | &nbsp;&nbsp; 989787 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pennsylvania Housing Finance Agency Darby Housing LP (FNMA <br> Insured)<br>| 4.90 | &nbsp;&nbsp; 6-1-2041 | 1000000 | &nbsp;&nbsp; 1037217 |
| &nbsp;&nbsp;&nbsp; Pennsylvania Housing Finance Agency Series 145A | 4.80 | &nbsp;&nbsp; 10-1-2051 | 645000 | &nbsp;&nbsp; 647363 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; State Public School Building Authority Chester Upland School District <br> Series B<br>| 5.25 | &nbsp;&nbsp; 9-15-2030 | 540000 | &nbsp;&nbsp; 566458 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; State Public School Building Authority Chester Upland School District <br> Series C (AG Insured)<br>| 5.00 | &nbsp;&nbsp; 9-15-2026 | 875000 | &nbsp;&nbsp; 876324 |
|  |  |  |  | &nbsp;&nbsp; **6361571** |
| **Miscellaneous revenue: 5.20%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Chester County IDA Longwood Gardens, Inc. | 4.00 | &nbsp;&nbsp; 12-1-2046 | 1595000 | &nbsp;&nbsp; 1487865 |
| &nbsp;&nbsp;&nbsp; Delaware County Authority Neumann University | 5.00 | &nbsp;&nbsp; 10-1-2031 | 1500000 | &nbsp;&nbsp; 1500598 |
| &nbsp;&nbsp;&nbsp; Pennsylvania EDFA Philadelphia Water Department | 4.00 | &nbsp;&nbsp; 1-1-2030 | 1000000 | &nbsp;&nbsp; 1029913 |
| &nbsp;&nbsp;&nbsp; Philadelphia IDA Series A | 5.00 | &nbsp;&nbsp; 2-15-2038 | 785000 | &nbsp;&nbsp; 811155 |
|  |  |  |  | &nbsp;&nbsp; **4829531** |
| **Resource recovery revenue: 0.55%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Pennsylvania EDFA Noble Environmental, Inc.144A | 6.88 | &nbsp;&nbsp; 9-1-2047 | 500000 | &nbsp;&nbsp; **512082** |
| **Tax revenue: 0.55%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Allentown Neighborhood Improvement Zone Development Authority | 5.00 | &nbsp;&nbsp; 5-1-2042 | 500000 | &nbsp;&nbsp; **511557** |
| **Transportation revenue: 2.92%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Delaware River Joint Toll Bridge Commission | 5.00 | &nbsp;&nbsp; 7-1-2042 | 580000 | &nbsp;&nbsp; 589192 |
| &nbsp;&nbsp;&nbsp; Pennsylvania Turnpike Commission Oil Franchise Tax Revenue Series B | 5.00 | &nbsp;&nbsp; 12-1-2048 | 1000000 | &nbsp;&nbsp; 1009153 |
| &nbsp;&nbsp;&nbsp; Pennsylvania Turnpike Commission Series A | 4.00 | &nbsp;&nbsp; 12-1-2043 | 810000 | &nbsp;&nbsp; 764721 |
| &nbsp;&nbsp;&nbsp; Pennsylvania Turnpike Commission Series A | 5.25 | &nbsp;&nbsp; 12-1-2053 | 330000 | &nbsp;&nbsp; 345883 |
|  |  |  |  | &nbsp;&nbsp; **2708949** |
| **Utilities revenue: 2.18%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Philadelphia Gas Works Co. Series 15th | 5.00 | &nbsp;&nbsp; 8-1-2047 | 1000000 | &nbsp;&nbsp; 1005210 |
| &nbsp;&nbsp;&nbsp; Philadelphia Gas Works Co. Series A (AG Insured) | 5.00 | &nbsp;&nbsp; 8-1-2050 | 1000000 | &nbsp;&nbsp; 1017993 |
|  |  |  |  | &nbsp;&nbsp; **2023203** |
| **Water & sewer revenue: 10.26%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Allegheny County Sanitary Authority | 5.25 | &nbsp;&nbsp; 12-1-2055 | 500000 | &nbsp;&nbsp; 521556 |
| &nbsp;&nbsp;&nbsp; Bucks County Water & Sewer Authority Series A (AG Insured) | 5.25 | &nbsp;&nbsp; 12-1-2047 | 2175000 | &nbsp;&nbsp; 2301479 |
| &nbsp;&nbsp;&nbsp; Capital Region Water Sewer Revenue | 5.00 | &nbsp;&nbsp; 7-15-2037 | 1000000 | &nbsp;&nbsp; 1020586 |
| &nbsp;&nbsp;&nbsp; City of Philadelphia Water & Wastewater Revenue Series C | 5.00 | &nbsp;&nbsp; 6-1-2042 | 555000 | &nbsp;&nbsp; 582602 |
| &nbsp;&nbsp;&nbsp; Erie Sewer Authority (BAM Insured)%% | 5.00 | &nbsp;&nbsp; 12-1-2046 | 850000 | &nbsp;&nbsp; 869348 |
| &nbsp;&nbsp;&nbsp; Lehigh County Authority City Division Fund CAB¤ | 0.00 | &nbsp;&nbsp; 12-1-2030 | 2000000 | &nbsp;&nbsp; 1709188 |
| &nbsp;&nbsp;&nbsp; Luzerne County IDA Pennsylvania-American Water Co. AMTøø | 2.45 | &nbsp;&nbsp; 12-1-2039 | 500000 | &nbsp;&nbsp; 461800 |

---

See accompanying notes to portfolio of investments

4 \| Allspring Pennsylvania Tax-Free Fund

------

Portfolio of investments—September 30, 2025 (unaudited)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Interest<br> rate<br>| Maturity<br> date<br>| Principal | Value |
| **Water & sewer revenue**(continued) |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Pittsburgh Water & Sewer Authority Series A (AG Insured) | 5.00<br> %<br>| &nbsp;&nbsp; 9-1-2048 | $1000000 | &nbsp;&nbsp; $1035840 |
| &nbsp;&nbsp;&nbsp; Pittsburgh Water & Sewer Authority Series A (AG Insured) | 5.00 | &nbsp;&nbsp; 9-1-2055 | 1000000 | &nbsp;&nbsp; 1028515 |
|  |  |  |  | &nbsp;&nbsp; **9530914** |
|  |  |  |  | &nbsp;&nbsp; **87818454** |
| **South Carolina: 0.59%** |  |  |  |  |
| **Utilities revenue: 0.59%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Patriots Energy Group Financing Agency Series A1øø | 5.25 | &nbsp;&nbsp; 10-1-2054 | 500000 | &nbsp;&nbsp; **544738** |
| **Total municipal obligations (Cost $94,252,696)** |  |  |  | &nbsp;&nbsp; **91449907** |

---

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

---

| | | | | |
|:---|:---|:---|:---|:---|
|  |  | Yield | Shares |  |
| **Short-term investments: 1.33%** |  |  |  |  |
| **Investment companies: 1.33%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Allspring Government Money Market Fund Select Class♠∞## |  | 4.07 | 1232311 | &nbsp;&nbsp; **1232311** |
| **Total short-term investments (Cost $1,232,311)** |  |  |  | &nbsp;&nbsp; **1232311** |
| **Total investments in securities (Cost $95,485,007)** | 99.76<br> %<br>|  |  | &nbsp;&nbsp; 92682218 |
| &nbsp;&nbsp;&nbsp; Other assets and liabilities, net | 0.24 |  |  | &nbsp;&nbsp; 221070 |
| **Total net assets** | **100.00%**<br>|  |  | &nbsp;&nbsp; **$92903288** |

---

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

---

| | |
|:---|:---|
| øø | The interest rate is determined and reset by the issuer periodically depending upon the terms of the security. The rate shown is the rate in effect at period end. |
| 144A | The security may be resold in transactions exempt from registration, normally to qualified institutional buyers, pursuant to Rule 144A under the Securities Act of <br> 1933.<br>|
| ø | Variable rate demand notes are subject to a demand feature which reduces the effective maturity. The maturity date shown represents the final maturity date of <br> the security. The interest rate is determined and reset by the issuer daily, weekly, or monthly depending upon the terms of the security. The rate shown is the rate in <br> effect at period end.<br>|
| ¤ | The security is issued in zero coupon form with no periodic interest payments. |
| ± | Variable rate investment. The rate shown is the rate in effect at period end. |
| %% | The security is purchased on a when-issued basis. |
| ♠ | The issuer of the security is an affiliated person of the Fund as defined in the Investment Company Act of 1940. |
| ∞ | The rate represents the 7-day annualized yield at period end. |
| ## | All or a portion of this security is segregated as collateral for when-issued securities. |

---

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

---

| | |
|:---|:---|
| Abbreviations: | Abbreviations: |
| AG | Assured Guaranty Incorporation |
| AMT | Alternative minimum tax |
| BAM | Build America Mutual Assurance Company |
| CAB | Capital appreciation bond |
| EDFA | Economic Development Finance Authority |
| FNMA | Federal National Mortgage Association |
| GO | General obligation |
| IDA | Industrial Development Authority |
| LIQ | Liquidity agreement |
| LOC | Letter of credit |
| SIFMA | Securities Industry and Financial Markets Association |
| SPA | Standby purchase agreement |

---

See accompanying notes to portfolio of investments

Allspring Pennsylvania Tax-Free Fund \| 5

------

Portfolio of investments—September 30, 2025 (unaudited)

**Investments in affiliates**

An affiliated investment is an investment in which the Fund owns at least 5% of the outstanding voting shares of the issuer or as a result of other relationships, such as the Fund and the issuer having the same investment manager. Transactions with issuers that were affiliates of the Fund at the end of the period were as follows:

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | Value, <br>beginning of <br>period<br>| Purchases | Sales <br>proceeds<br>| Net <br>realized <br>gains <br>(losses)<br>| Net <br>change in <br>unrealized <br>gains <br>(losses)<br>| Value, <br>end of <br>period<br>| Shares, <br>end <br>of period<br>| Income <br>from <br>affiliated <br>securities<br>|
| **Short-term investments** |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Allspring Government Money Market Fund Select <br> Class<br>| $1285806 | $9212372 | $(9265867)<br>| $0 | $0 | $1232311 | 1232311 | $7692 |

---

See accompanying notes to portfolio of investments

6 \| Allspring Pennsylvania Tax-Free Fund

------

Notes to portfolio of investments—September 30, 2025 (unaudited)

Notes to portfolio of investments

Securities valuation

All investments are valued each business day as of the close of regular trading on the New York Stock Exchange (generally 4 p.m. Eastern Time), although the Fund may deviate from this calculation time under unusual or unexpected circumstances.

Debt securities are valued at the evaluated bid price provided by an independent pricing service (e.g., taking into account various factors, including yields, maturities, or credit ratings) or, if a reliable price is not available, the quoted bid price from an independent broker-dealer.

Investments in registered open-end investment companies (other than those listed on a foreign or domestic exchange or market) are valued at net asset value.

Investments which are not valued using the methods discussed above are valued at their fair value, as determined in good faith by Allspring Funds Management, LLC ("Allspring Funds Management"), which was named the valuation designee by the Board of Trustees. As the valuation designee, Allspring Funds Management is responsible for day-to-day valuation activities for the Allspring Funds. In connection with these responsibilities, Allspring Funds Management has established a Valuation Committee and has delegated to it the authority to take any actions regarding the valuation of portfolio securities that the Valuation Committee deems necessary or appropriate, including determining the fair value of portfolio securities. On a quarterly basis, the Board of Trustees receives reports of valuation actions taken by the Valuation Committee. On at least an annual basis, the Board of Trustees receives an assessment of the adequacy and effectiveness of Allspring Funds Management's process for determining the fair value of the portfolio of investments.

When-issued transactions

The Fund may purchase securities on a forward commitment or when-issued basis. The Fund records a when-issued transaction on the trade date and will segregate assets in an amount at least equal in value to the Fund's commitment to purchase when-issued securities. Securities purchased on a when-issued basis are marked-to-market daily and the Fund begins earning interest on the settlement date. Losses may arise due to changes in the market value of the underlying securities or if the counterparty does not perform under the contract.

Fair valuation measurements

Fair value measurements of investments are determined within a framework that has established a fair value hierarchy based upon the various data inputs utilized in determining the value of the Fund's investments. The three-level hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1) and the lowest priority to unobservable inputs (Level 3). The Fund's investments are classified within the fair value hierarchy based on the lowest level of input that is significant to the fair value measurement. The inputs are summarized into three broad levels as follows:

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

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

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

The inputs or methodologies used for valuing investments in securities are not necessarily an indication of the risk associated with investing in those securities.

The following is a summary of the inputs used in valuing the Fund's assets and liabilities as of September 30, 2025:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp; Quoted prices <br>(Level 1)<br>| &nbsp;&nbsp;&nbsp; Other significant <br>observable inputs <br>(Level 2)<br>| &nbsp;&nbsp;&nbsp; Significant <br>unobservable inputs <br>(Level 3)<br>| Total |
| **Assets** |  |  |  |  |
| **Investments in:** |  |  |  |  |
| **Municipal obligations** | &nbsp;&nbsp; $0 | &nbsp;&nbsp;&nbsp;&nbsp; $91449907 | &nbsp;&nbsp;&nbsp;&nbsp; $0 | &nbsp;&nbsp;&nbsp;&nbsp; $91449907 |
| **Short-term investments** |  |  |  |  |
| *Investment companies* | &nbsp;&nbsp; 1232311 | &nbsp;&nbsp;&nbsp;&nbsp; 0 | &nbsp;&nbsp;&nbsp;&nbsp; 0 | &nbsp;&nbsp;&nbsp;&nbsp; 1232311 |
| **Total assets** | &nbsp;&nbsp; **$1232311** | &nbsp;&nbsp;&nbsp; **$91449907** | &nbsp;&nbsp;&nbsp; **$0** | &nbsp;&nbsp;&nbsp; **$92682218** |

---

Additional sector, industry or geographic detail, if any, is included in the Portfolio of investments.

At September 30, 2025, the Fund did not have any transfers into/out of Level 3.

Allspring Pennsylvania Tax-Free Fund \| 7

------

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** ALLSPRING FUNDS TRUST

- **b. Investment Company Act file number:** 811-09253

- **c. CIK number of Registrant:** 0001081400

- **d. LEI of Registrant:** 549300XROIY0CTN7RZ24

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

  - **Street Address 1:** 1415 Vantage Park Drive

  - **City:** Charlotte

  - **State:** NC

  - **Foreign country:** US

  - **Zip / Postal Code:** 28203

  - **Telephone number:** 833-568-4255

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

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

- **b. EDGAR series identifier (if any):** S000029095

- **c. LEI of Series:** 549300QW98O00HJ00K93

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

- **a. Date of fiscal year-end:** 2026-06-30

- **b. Date as of which information is reported:** 2025-09-30

**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:** $93841527.41

**Total Liabilities:** $1161399.86

**Net Assets:** $92680127.55

**Delayed Delivery Securities:** $869278.00

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -185.31000000 | **1-Year:** -3143.02000000 | **5-Year:** -13715.84000000 | **10-Year:** -26490.33000000 | **30-Year:** -10646.01000000

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

- **3-Month:** -11.53000000 | **1-Year:** -218.58000000 | **5-Year:** -611.73000000 | **10-Year:** -1396.53000000 | **30-Year:** -486.01000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000089443 | -0.66%               | 0.79%                | 2.33%                |
| Class ID C000089444 | -0.57%               | 0.88%                | 2.41%                |
| Class ID C000089441 | -0.59%               | 0.85%                | 2.39%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-149662.03              | $-635734.30                                |
| Month 2  | $11191.50                | $497993.97                                 |
| Month 3  | $0.00                    | $1870313.46                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Conestoga Valley School District                                      | CONESTOGA VLY PA SCH DIST                                    | CUSIP: 207098LW2<br>LEI: 549300OMSFCX7BZC4Y71 | Long             | DBT              | MUN               | US        |    500000 | PA      | $485021.45    | 0.52%             | 2043-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority                 | PENNSYLVANIA ST ECON DEV FING AUTH T/E PRIVATE ACTIVITY REV  | CUSIP: 70868YAV1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $775731.38    | 0.84%             | 2048-06-30      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Lancaster County Hospital Authority/PA                                | LANCASTER CNTY PA HOSP AUTH                                  | CUSIP: 514045W66<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2125000 | PA      | $2095395.99   | 2.26%             | 2051-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Luzerne County Industrial Development Authority                       | LUZERNE CNTY PA INDL DEV AUTH                                | CUSIP: 550728AF6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $461799.90    | 0.50%             | 2039-12-01      | Floating      | 2.45%                 | No            |                  2 | On Loan: No      |
| Territory of Guam                                                     | GUAM GOVT BUSINESS PRIVILEGE TAX REVENUE                     | CUSIP: 40065NCR6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $464433.45    | 0.50%             | 2042-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Lehigh County Industrial Development Authority                        | LEHIGH CNTY PA INDL DEV AUTH CHRT SCH REVENUE                | CUSIP: 52481MAC4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $569069.48    | 0.61%             | 2051-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                      | PENNSYLVANIA ST TURNPIKE COMMISSION TURNPIKE REVENUE         | CUSIP: 709225CB0<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |    810000 | PA      | $764720.84    | 0.83%             | 2043-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Allentown Neighborhood Improvement Zone Development Authority         | ALLENTOWN PA NEIGHBORHOOD IMPT ZONE DEV AUTH TAX REVENUE     | CUSIP: 018444BZ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $511557.25    | 0.55%             | 2042-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Higher Educational Facilities Authority                  | PENNSYLVANIA ST HGR EDUCTNL FACS AUTH REVENUE                | CUSIP: 70917TES6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $307495.17    | 0.33%             | 2027-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Philadelphia Authority for Industrial Development                     | PHILADELPHIA PA AUTH FOR INDL DEV REVENUES                   | CUSIP: 71781XFZ1<br>LEI: 549300DIY68KQZEW7M79 | Long             | DBT              | MUN               | US        |    250000 | PA      | $237227.95    | 0.26%             | 2039-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Allegheny County Hospital Development Authority                       | ALLEGHENY CNTY PA HOSP DEV AUTH                              | CUSIP: 01728A5V4<br>LEI: 54930046B973R604OG22 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $991579.90    | 1.07%             | 2047-11-15      | Floating      | 3.59%                 | No            |                  2 | On Loan: No      |
| Northeastern Pennsylvania Hospital and Education Authority            | N ESTRN PA HOSP & EDU AUTH                                   | CUSIP: 664556CE5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1001624.30   | 1.08%             | 2037-03-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Chester County Industrial Development Authority                       | CHESTER CNTY PA INDL DEV AUTH                                | CUSIP: 165588FH2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1595000 | PA      | $1487865.13   | 1.61%             | 2046-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Wyalusing Area School District                                        | WYALUSING PA AREA SCH DIST                                   | CUSIP: 982613LA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $107972.41    | 0.12%             | 2040-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Philadelphia Gas Works Co                                             | PHILADELPHIA PA GAS WKS REVENUE                              | CUSIP: 71783MAZ8<br>LEI: 549300H8UJ7V5WU5IA90 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1005209.70   | 1.08%             | 2047-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority                 | PENNSYLVANIA ST ECON DEV FING AUTH SOLID WASTE DISPOSAL REV  | CUSIP: 708692CD8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $512082.45    | 0.55%             | 2047-09-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Philadelphia Gas Works Co                                             | PHILADELPHIA PA GAS WKS REVENUE                              | CUSIP: 71783MBZ7<br>LEI: 549300H8UJ7V5WU5IA90 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1017993.00   | 1.10%             | 2050-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Capital Region Water Sewer Revenue                                    | CAPITAL REGION WTR PA SWR REVENUE                            | CUSIP: 14044TAU9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1020585.80   | 1.10%             | 2037-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission Oil Franchise Tax Revenue            | PENNSYLVANIA ST TURNPIKE COMMISSION OIL FRANCHISE TAX REVENU | CUSIP: 709221VK8<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1009153.40   | 1.09%             | 2048-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Higher Educational Facilities Authority                  | PENNSYLVANIA ST HGR EDUCTNL FACS AUTH REVENUE                | CUSIP: 70917TER8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $507583.20    | 0.55%             | 2026-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State Public School Building Authority                                | STATE PUBLIC SCH BLDG AUTH PA SCH REVENUE                    | CUSIP: 85732TJQ6<br>LEI: 5493006JN0UR7OGWTO86 | Long             | DBT              | MUN               | US        |    540000 | PA      | $566458.06    | 0.61%             | 2030-09-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Bucks County Water and Sewer Authority                                | BUCKS CNTY PA WTR & SWR AUTH SWR SYS REVENUE                 | CUSIP: 118683JZ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2175000 | PA      | $2301479.51   | 2.48%             | 2047-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Lehigh County Authority                                               | LEHIGH CNTY AUTH WTR & SWR REVENUE                           | CUSIP: 524803AQ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1709188.40   | 1.84%             | 2030-12-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Allentown City School District                                        | ALLENTOWN PA SCH DIST                                        | CUSIP: 018471NJ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $311400.09    | 0.34%             | 2049-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Allentown Commercial and Industrial Development Authority             | ALLENTOWN COMMERCIAL & INDL DEV AUTH                         | CUSIP: 01843AAM8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $940800.70    | 1.02%             | 2050-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Antonio B Won Pat International Airport Authority                     | GUAM INTERNATIONAL ARPT AUTH                                 | CUSIP: 40064RFA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $215949.64    | 0.23%             | 2031-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Oil City PA                                                   | OIL CITY PA                                                  | CUSIP: 677789EN5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    315000 | PA      | $313097.56    | 0.34%             | 2039-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Penn Delco School District                                            | PENN DELCO PA SCH DIST                                       | CUSIP: 707332SC7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $957714.90    | 1.03%             | 2045-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Allegheny County Sanitary Authority                                   | ALLEGHENY CNTY PA SAN AUTH                                   | CUSIP: 017357S21<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $521555.80    | 0.56%             | 2055-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Swarthmore Borough Authority                                          | SWARTHMORE BORO PA AUTH                                      | CUSIP: 870000QH2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $375172.56    | 0.40%             | 2041-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wilkes-Barre Area School District/PA                                  | WILKES-BARRE PA AREA SCH DIST                                | CUSIP: 968261NA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $102935.10    | 0.11%             | 2027-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chester County Industrial Development Authority                       | CHESTER CNTY PA INDL DEV AUTH                                | CUSIP: 165588DQ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1160000 | PA      | $1106623.06   | 1.19%             | 2047-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority                 | PENNSYLVANIA ST ECON DEV FING AUTH REVENUE                   | CUSIP: 70869PQB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1568993.85   | 1.69%             | 2049-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Blue Mountain School District                                         | BLUE MOUNTAIN PA SCH DIST                                    | CUSIP: 095781PG9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $354112.40    | 0.38%             | 2036-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| School District of Philadelphia/The                                   | PHILADELPHIA PA SCH DIST                                     | CUSIP: 717883D41<br>LEI: 254900HSKDHZKBZCUL90 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1023001.40   | 1.10%             | 2048-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Higher Educational Facilities Authority                  | PENNSYLVANIA ST HGR EDUCTNL FACS AUTH REVENUE                | CUSIP: 70917S6Z1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1014744.70   | 1.09%             | 2049-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Bucks County Industrial Development Authority                         | BUCKS CNTY PA INDL DEV AUTH HOSP REVENUE                     | CUSIP: 11861MAQ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $339170.84    | 0.37%             | 2050-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Southeast Energy Authority A Cooperative District                     | SOUTHEAST ENERGY AUTH AL COMMODITY SPLY REVENUE              | CUSIP: 84136FBT3<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |    750000 | PA      | $795030.90    | 0.86%             | 2054-01-01      | Floating      | 5.25%                 | No            |                  2 | On Loan: No      |
| East Hempfield Township Industrial Development Authority              | E HEMPFIELD TWP PA INDL DEV AUTH                             | CUSIP: 273007CJ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    450000 | PA      | $450592.56    | 0.49%             | 2028-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Housing Finance Agency                                   | PENNSYLVANIA ST HSG FIN AGY MF HSG REVENUE                   | CUSIP: 708797BG9<br>LEI: 549300JZVUPNWP77SP29 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1037216.40   | 1.12%             | 2041-06-01      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Wilkes-Barre Area School District/PA                                  | WILKES-BARRE PA AREA SCH DIST                                | CUSIP: 968261ND5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     70000 | PA      | $75516.69     | 0.08%             | 2030-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Philadelphia Authority for Industrial Development                     | PHILADELPHIA PA AUTH FOR INDL DEV HOSP REVENUE               | CUSIP: 717901CE0<br>LEI: 549300DIY68KQZEW7M79 | Long             | DBT              | MUN               | US        |   1800000 | PA      | $1800000.00   | 1.94%             | 2054-07-01      | Floating      | 3.70%                 | No            |                  2 | On Loan: No      |
| State Public School Building Authority                                | STATE PUBLIC SCH BLDG AUTH PA SCH REVENUE                    | CUSIP: 85732TDE9<br>LEI: 5493006JN0UR7OGWTO86 | Long             | DBT              | MUN               | US        |    875000 | PA      | $876324.40    | 0.95%             | 2026-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Territory of Guam                                                     | GUAM GOVT BUSINESS PRIVILEGE TAX REVENUE                     | CUSIP: 40065NDB0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $548448.20    | 0.59%             | 2035-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority                 | PENNSYLVANIA ST ECON DEV FING AUTH SEWAGE SLUDGE DISP REVENU | CUSIP: 70870FAS5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1029913.30   | 1.11%             | 2030-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Wyalusing Area School District                                        | WYALUSING PA AREA SCH DIST                                   | CUSIP: 982613LB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    145000 | PA      | $150204.96    | 0.16%             | 2045-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Westmoreland County Industrial Development Authority/PA               | WESTMORELAND CNTY PA INDL DEV AUTH HLTH SYS REVENUE          | CUSIP: 960875AM4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $379516.36    | 0.41%             | 2037-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| East Hempfield Township Industrial Development Authority              | E HEMPFIELD TWP PA INDL DEV AUTH                             | CUSIP: 273007CK8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    375000 | PA      | $375486.83    | 0.41%             | 2029-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Oil City PA                                                   | OIL CITY PA                                                  | CUSIP: 677789EQ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $248674.23    | 0.27%             | 2041-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Montgomery County Industrial Development Authority/PA                 | MONTGOMERY CNTY PA INDL DEV AUTH                             | CUSIP: 61360PCM0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $992890.60    | 1.07%             | 2045-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Philadelphia Authority for Industrial Development                     | PHILADELPHIA PA AUTH FOR INDL DEV REVENUES                   | CUSIP: 717818L89<br>LEI: 549300DIY68KQZEW7M79 | Long             | DBT              | MUN               | US        |    155000 | PA      | $155000.00    | 0.17%             | 2034-12-01      | Floating      | 2.95%                 | No            |                  2 | On Loan: No      |
| State College Area School District/PA                                 | STATE COLLEGE PA AREA SCH DIST                               | CUSIP: 856706WW2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1500256.80   | 1.62%             | 2040-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wilkes-Barre Area School District/PA                                  | WILKES-BARRE PA AREA SCH DIST                                | CUSIP: 968261NC7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $53323.37     | 0.06%             | 2029-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Montgomery County Higher Education and Health Authority               | MONTGOMERY CNTY PA HGR EDU & HLTH AUTH                       | CUSIP: 613603G45<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    575000 | PA      | $580739.59    | 0.63%             | 2047-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Montgomery County Industrial Development Authority/PA                 | MONTGOMERY CNTY PA INDL DEV AUTH                             | CUSIP: 613609K54<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $990859.50    | 1.07%             | 2044-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| School District of Philadelphia/The                                   | PHILADELPHIA PA SCH DIST                                     | CUSIP: 717883VH2<br>LEI: 254900HSKDHZKBZCUL90 | Long             | DBT              | MUN               | US        |   1235000 | PA      | $1259317.03   | 1.36%             | 2043-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Doylestown Hospital Authority                                         | DOYLESTOWN PA HOSP AUTH                                      | CUSIP: 261333HC5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $26999.69     | 0.03%             | 2049-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pequea Valley School District                                         | PEQUEA VLY PA SCH DIST                                       | CUSIP: 713537NM6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $694433.03    | 0.75%             | 2049-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Allegheny County Airport Authority                                    | ALLEGHENY CNTY PA ARPT AUTH ARPT REVENUE                     | CUSIP: 01728LFJ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1501056.45   | 1.62%             | 2051-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania State University/The                                     | PENNSYLVANIA ST UNIV                                         | CUSIP: 7092352H7<br>LEI: 549300QDK4O4XCJ47X56 | Long             | DBT              | MUN               | US        |    865000 | PA      | $920818.71    | 0.99%             | 2042-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Northampton County General Purpose Authority                          | NORTHAMPTON CNTY PA GEN PURPOSE AUTH REVENUE                 | CUSIP: 663507DJ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1700000 | PA      | $1700000.00   | 1.83%             | 2039-11-15      | Floating      | 2.90%                 | No            |                  2 | On Loan: No      |
| General Authority of Southcentral Pennsylvania                        | SOUTHCENTRL PA GEN AUTH REVENUE                              | CUSIP: 84129NND7<br>LEI: 549300QBNU5LBV4QX812 | Long             | DBT              | MUN               | US        |    315000 | PA      | $319932.18    | 0.35%             | 2033-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Montgomery County Industrial Development Authority/PA                 | MONTGOMERY CNTY PA INDL DEV AUTH                             | CUSIP: 613609L46<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    825000 | PA      | $690131.64    | 0.74%             | 2051-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Lancaster County Hospital Authority/PA                                | LANCASTER CNTY PA HOSP AUTH                                  | CUSIP: 514045V67<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $423601.05    | 0.46%             | 2045-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago O'Hare International Airport                                  | CHICAGO IL O'HARE INTERNATIONAL ARPT REVENUE                 | CUSIP: 1675933S9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    450000 | PA      | $494256.29    | 0.53%             | 2030-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port Authority of Guam                                                | GUAM PORT AUTH PORT REVENUE                                  | CUSIP: 400652AJ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    550000 | PA      | $568595.94    | 0.61%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                      | PENNSYLVANIA ST TURNPIKE COMMISSION TURNPIKE REVENUE         | CUSIP: 709225JC1<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |    330000 | PA      | $345882.97    | 0.37%             | 2053-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority                 | PENNSYLVANIA ST ECON DEV FING AUTH UPMC REVENUE              | CUSIP: 70870JCE6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $686237.30    | 0.74%             | 2037-04-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| General Authority of Southcentral Pennsylvania                        | SOUTHCENTRL PA GEN AUTH REVENUE                              | CUSIP: 84129NML0<br>LEI: 549300QBNU5LBV4QX812 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000000.00   | 1.08%             | 2035-06-01      | Floating      | 3.50%                 | No            |                  2 | On Loan: No      |
| Montgomery County Industrial Development Authority/PA                 | MONTGOMERY CNTY PA INDL DEV AUTH                             | CUSIP: 613609L38<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    225000 | PA      | $195557.60    | 0.21%             | 2046-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Philadelphia Authority for Industrial Development                     | PHILADELPHIA PA AUTH FOR INDL DEV CHRT SCH REVENUE           | CUSIP: 71780CBV1<br>LEI: 549300DIY68KQZEW7M79 | Long             | DBT              | MUN               | US        |    500000 | PA      | $485071.00    | 0.52%             | 2043-06-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ALLSPRING GOVERNMENT MONEY MAR                                        | ALLSPRING GOVERNMENT MONEY MAR                               | CUSIP: 000000000<br>LEI: 549300GFSYYLVYEWA041 | Long             | STIV             | RF                | US        |   1232311 | NS      | $1232311.41   | 1.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Cumberland County Municipal Authority                                 | CUMBERLAND CNTY PA MUNI AUTH                                 | CUSIP: 230614TE9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    805000 | PA      | $805471.41    | 0.87%             | 2028-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Higher Education Assistance Agency                       | PENNSYLVANIA HGR EDU ASSISTANCE AGY LOAN REVENUE             | CUSIP: 70878CBN4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1066422.00   | 1.15%             | 2031-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tender Option Bond Trust Receipts/Certificates                        | TENDER OPTION BOND TRUST RECEIPTS / CTFS VARIOUS STATES      | CUSIP: 88035HA55<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000000.00   | 1.08%             | 2054-08-01      | Floating      | 2.92%                 | No            |                  2 | On Loan: No      |
| Chester County Industrial Development Authority                       | CHESTER CNTY PA INDL DEV AUTHSTUDENT HSG REVENUE             | CUSIP: 16559PAR6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    415000 | PA      | $415184.47    | 0.45%             | 2030-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Pittsburgh PA                                                 | PITTSBURGH PA                                                | CUSIP: 725209RU6<br>LEI: 549300EZQQVTL1QEIU17 | Long             | DBT              | MUN               | US        |    600000 | PA      | $623510.76    | 0.67%             | 2043-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Delaware River Joint Toll Bridge Commission                           | DELAWARE RIVER PA JT TOLL BRIDGE COMMISSION                  | CUSIP: 246343LJ4<br>LEI: 549300N6IGAQMI0JLE23 | Long             | DBT              | MUN               | US        |    580000 | PA      | $589191.49    | 0.64%             | 2042-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Philadelphia PA Water & Wastewater Revenue                    | PHILADELPHIA PA WTR & WSTWTR REVENUE                         | CUSIP: 717893Z61<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    555000 | PA      | $582602.04    | 0.63%             | 2042-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Pittsburgh PA                                                 | PITTSBURGH PA                                                | CUSIP: 725209SQ4<br>LEI: 549300EZQQVTL1QEIU17 | Long             | DBT              | MUN               | US        |    400000 | PA      | $419082.96    | 0.45%             | 2044-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| General Authority of Southcentral Pennsylvania                        | SOUTHCENTRL PA GEN AUTH REVENUE                              | CUSIP: 84129NNC9<br>LEI: 549300QBNU5LBV4QX812 | Long             | DBT              | MUN               | US        |    330000 | PA      | $337455.10    | 0.36%             | 2032-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Montour School District                                               | MONTOUR PA SCH DIST                                          | CUSIP: 614707SX6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1001558.00   | 1.08%             | 2032-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Geisinger Authority                                                   | GEISINGER PA AUTH HLTH SYS REVENUE                           | CUSIP: 368497JV6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $885992.30    | 0.96%             | 2050-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Doylestown Hospital Authority                                         | DOYLESTOWN PA HOSP AUTH                                      | CUSIP: 261333HE1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    225000 | PA      | $227467.91    | 0.25%             | 2049-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Lehigh PA                                                   | LEHIGH CNTY PA GEN PURPOSE HOSP REVENUE                      | CUSIP: 52480GDW1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1105000 | PA      | $956187.99    | 1.03%             | 2049-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Oil City PA                                                   | OIL CITY PA                                                  | CUSIP: 677789EP0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $250247.08    | 0.27%             | 2040-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Interboro School District                                             | INTERBORO PA SCH DIST                                        | CUSIP: 458436YP1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1593138.90   | 1.72%             | 2063-08-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| West Cornwall Township Municipal Authority                            | W CORNWALL TWP PA MUNI AUTH                                  | CUSIP: 95235TAT0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    525000 | PA      | $433251.05    | 0.47%             | 2046-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Geisinger Authority                                                   | GEISINGER PA AUTH HLTH SYS REVENUE                           | CUSIP: 368497HK2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000321.00   | 1.08%             | 2041-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Oil City PA                                                   | OIL CITY PA                                                  | CUSIP: 677789ER6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $196231.66    | 0.21%             | 2042-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Highlands School District                                             | HIGHLANDS PA SCH DIST                                        | CUSIP: 431095MV7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    295000 | PA      | $319849.18    | 0.35%             | 2035-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Dauphin County General Authority                                      | DAUPHIN CNTY PA GEN AUTH HLTHSYS REVENUE                     | CUSIP: 23825EDX9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1009235.40   | 1.09%             | 2035-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Allegheny County Hospital Development Authority                       | ALLEGHENY CNTY PA HOSP DEV AUTH                              | CUSIP: 01728A3Z7<br>LEI: 54930046B973R604OG22 | Long             | DBT              | MUN               | US        |   1810000 | PA      | $1632840.82   | 1.76%             | 2044-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Patriots Energy Group Financing Agency                                | PATRIOTS ENERGY GROUP FING AGY SC GAS SPLY REVENUE           | CUSIP: 70342PAN4<br>LEI: 5493008X0DFBVFH4HL19 | Long             | DBT              | MUN               | US        |    500000 | PA      | $544738.20    | 0.59%             | 2054-10-01      | Floating      | 5.25%                 | No            |                  2 | On Loan: No      |
| Cumberland County Municipal Authority                                 | CUMBERLAND CNTY PA MUNI AUTH                                 | CUSIP: 230614KB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    940000 | PA      | $950441.43    | 1.03%             | 2032-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Philadelphia Authority for Industrial Development                     | PHILADELPHIA PA AUTH FOR INDL DEV CHRT SCH REVENUE           | CUSIP: 71780CBN9<br>LEI: 549300DIY68KQZEW7M79 | Long             | DBT              | MUN               | US        |    235000 | PA      | $243127.45    | 0.26%             | 2032-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pittsburgh Water & Sewer Authority                                    | PITTSBURGH PA WTR & SWR AUTH                                 | CUSIP: 725304YA1<br>LEI: 54930034DVH6W22T1E86 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1035839.70   | 1.12%             | 2048-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Philadelphia Authority for Industrial Development                     | PHILADELPHIA PA AUTH FOR INDL DEV CHRT SCH REVENUE           | CUSIP: 71780CAY6<br>LEI: 549300DIY68KQZEW7M79 | Long             | DBT              | MUN               | US        |    145000 | PA      | $148439.75    | 0.16%             | 2030-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Hospitals & Higher Education Facilities Authority of Philadelphia/The | PHILADELPHIA PA HOSPS & HGR EDU FACS AUTH                    | CUSIP: 717825QA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1076492.80   | 1.16%             | 2037-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Delaware County Authority                                             | DELAWARE CNTY PA AUTH                                        | CUSIP: 246008NT9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1500597.90   | 1.62%             | 2031-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| General Authority of Southcentral Pennsylvania                        | SOUTHCENTRL PA GEN AUTH REVENUE                              | CUSIP: 84129NNE5<br>LEI: 549300QBNU5LBV4QX812 | Long             | DBT              | MUN               | US        |    550000 | PA      | $555197.72    | 0.60%             | 2034-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Lancaster Industrial Development Authority                            | LANCASTER PA INDL DEV AUTH                                   | CUSIP: 514349CW7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    895000 | PA      | $871838.65    | 0.94%             | 2044-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Housing Finance Agency                                   | PENNSYLVANIA ST HSG FIN AGY SF MTGE REVENUE                  | CUSIP: 70879QWM1<br>LEI: 549300JZVUPNWP77SP29 | Long             | DBT              | MUN               | US        |    645000 | PA      | $647362.83    | 0.70%             | 2051-10-01      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| Lehigh County General Purpose Authority                               | LEHIGH CNTY PA GEN PURPOSE AUTH CHRT SCH REVENUE             | CUSIP: 52480EAJ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    675000 | PA      | $680346.34    | 0.73%             | 2032-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Montgomery County Higher Education and Health Authority               | MONTGOMERY CNTY PA HGR EDU & HLTH AUTH                       | CUSIP: 613603G60<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1007899.30   | 1.09%             | 2052-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Erie Sewer Authority                                                  | ERIE PA SWR AUTH                                             | CUSIP: 295533RY1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    850000 | PA      | $869347.96    | 0.94%             | 2046-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Geisinger Authority                                                   | GEISINGER PA AUTH HLTH SYS REVENUE                           | CUSIP: 368497HP1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1007493.50   | 1.09%             | 2045-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Philadelphia Authority for Industrial Development                     | PHILADELPHIA PA AUTH FOR INDLDEV CITY AGREEMENT REVENUE      | CUSIP: 71779QBS0<br>LEI: 549300DIY68KQZEW7M79 | Long             | DBT              | MUN               | US        |    785000 | PA      | $811155.10    | 0.88%             | 2038-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Housing Finance Agency                                   | PENNSYLVANIA ST HSG FIN AGY SF MTGE REVENUE                  | CUSIP: 70879QUY7<br>LEI: 549300JZVUPNWP77SP29 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $989787.10    | 1.07%             | 2044-10-01      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| Chester County Industrial Development Authority                       | CHESTER CNTY PA INDL DEV AUTH                                | CUSIP: 165588FP4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $505858.40    | 0.55%             | 2027-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Coatesville School District                                           | COATESVILLE PA AREA SCH DIST                                 | CUSIP: 190684PX2<br>LEI: 549300FB4I8E5MPRFX97 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $731098.60    | 0.79%             | 2033-10-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Chester County Industrial Development Authority                       | CHESTER CNTY PA INDL DEV AUTH                                | CUSIP: 165588DK7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $969751.20    | 1.05%             | 2037-10-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Lancaster Municipal Authority                                         | LANCASTER PA MUNI AUTH HLTHCARE FACS REVENUE                 | CUSIP: 514350AN7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $385600.20    | 0.42%             | 2054-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| West Cornwall Township Municipal Authority                            | W CORNWALL TWP PA MUNI AUTH                                  | CUSIP: 95235TAS2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    370000 | PA      | $328066.75    | 0.35%             | 2041-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Philadelphia Authority for Industrial Development                     | PHILADELPHIA PA AUTH FOR INDL DEV CHRT SCH REVENUE           | CUSIP: 71780CAX8<br>LEI: 549300DIY68KQZEW7M79 | Long             | DBT              | MUN               | US        |    220000 | PA      | $225806.57    | 0.24%             | 2029-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Higher Educational Facilities Authority                  | PENNSYLVANIA ST HGR EDUCTNL FACS AUTH REVENUE                | CUSIP: 70917RPY5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $700000.00    | 0.76%             | 2038-01-01      | Floating      | 2.85%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority                 | PENNSYLVANIA ST ECON DEV FING AUTH REVENUE                   | CUSIP: 70869PPB7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $497411.25    | 0.54%             | 2049-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| West Shore School District/PA                                         | WEST SHORE PA SCH DIST                                       | CUSIP: 955819TJ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1511474.85   | 1.63%             | 2048-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pittsburgh Water & Sewer Authority                                    | PITTSBURGH PA WTR & SWR AUTH                                 | CUSIP: 725304ZQ5<br>LEI: 54930034DVH6W22T1E86 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1028514.60   | 1.11%             | 2055-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Mechanicsburg Area School District                                    | MECHANICSBURG PA AREA SCH DIST                               | CUSIP: 583726YY4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1128092.13   | 1.22%             | 2051-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Philadelphia Authority for Industrial Development                     | PHILADELPHIA PA AUTH FOR INDL DEV REVENUES                   | CUSIP: 7178186V5<br>LEI: 549300DIY68KQZEW7M79 | Long             | DBT              | MUN               | US        |   1285000 | PA      | $1287843.83   | 1.39%             | 2031-05-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Montgomery County Industrial Development Authority/PA                 | MONTGOMERY CNTY PA INDL DEV AUTH                             | CUSIP: 613609L20<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    450000 | PA      | $403148.66    | 0.43%             | 2041-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Delaware County Vocational & Technical School Authority               | DELAWARE CNTY PA VOTECH SCH AUTH LEASE REVENUE               | CUSIP: 246053CQ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1053505.90   | 1.14%             | 2050-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-10-28

**Name of Applicant:** ALLSPRING FUNDS TRUST

**Signature:** Jeremy DePalma

**Name of Signer:** Jeremy DePalma

**Title:** Treasurer