# EDGAR Filing Document

**Accession Number:** 0000757010
**File Stem:** 0002071691-25-003348
**Filing Date:** 2025-10
**Character Count:** 80084
**Document Hash:** 0af1fa4d674e33272fbb7482978e49f2
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002071691-25-003348.hdr.sgml**: 20251027

**ACCESSION NUMBER**: 0002071691-25-003348

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250831

**FILED AS OF DATE**: 20251027

**DATE AS OF CHANGE**: 20251027

**PERIOD START**: 20260228

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** FRANKLIN TAX FREE TRUST
- **CENTRAL INDEX KEY:** 0000757010

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** FL
- **FISCAL YEAR END:** 0228

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-04149
- **FILM NUMBER:** 251418341

**BUSINESS ADDRESS:**
- **STREET 1:** ONE FRANKLIN PARKWAY
- **CITY:** SAN MATEO
- **STATE:** CA
- **ZIP:** 94403-1906
- **BUSINESS PHONE:** 650-312-2000

**MAIL ADDRESS:**
- **STREET 1:** ONE FRANKLIN PARKWAY
- **CITY:** SAN MATEO
- **STATE:** CA
- **ZIP:** 94403-1906

## Series and Classes Contracts Data

### FRANKLIN MISSOURI TAX-FREE INCOME FUND (Series ID: S000006921)

| Class ID   | Class Name    | Ticker Symbol   |
|:---|:---|:---|
| C000018776 | CLASS A1      | FRMOX           |
| C000018777 | CLASS C       | FMOIX           |
| C000079638 | ADVISOR CLASS | FRMZX           |
| C000194362 | Class R6      | FMOQX           |
| C000205900 | Class A       | FMQOX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Franklin Tax Free Trust

- **b. Investment Company Act file number:** 811-04149

- **c. CIK number of Registrant:** 0000757010

- **d. LEI of Registrant:** 549300C12HCE48FV1C70

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

  - **Street Address 1:** One Franklin Parkway

  - **City:** San Mateo

  - **State:** CA

  - **Foreign country:** US

  - **Zip / Postal Code:** 94403-1906

  - **Telephone number:** 650-312-2000

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

- **a. Name of Series:** Franklin Missouri Tax-Free Income Fund

- **b. EDGAR series identifier (if any):** S000006921

- **c. LEI of Series:** 549300BSZYIHF0BCD467

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

- **a. Date of fiscal year-end:** 2026-02-28

- **b. Date as of which information is reported:** 2025-08-31

**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:** $608440312.97

**Total Liabilities:** $5302790.51

**Net Assets:** $603137522.46

**Delayed Delivery Securities:** $2964094.00

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 0.00000000 | **1-Year:** -2423.76000000 | **5-Year:** -7272.76000000 | **10-Year:** -160733.33000000 | **30-Year:** -223798.29000000

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

- **3-Month:** 0.00000000 | **1-Year:** -212.73000000 | **5-Year:** -788.95000000 | **10-Year:** -21373.54000000 | **30-Year:** -26245.08000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000194362 | 0.70%                | -0.77%               | 0.84%                |
| Class ID C000018777 | 0.64%                | -0.92%               | 0.77%                |
| Class ID C000018776 | 0.69%                | -0.78%               | 0.83%                |
| Class ID C000079638 | 0.70%                | -0.77%               | 0.84%                |
| Class ID C000205900 | 0.68%                | -0.79%               | 0.82%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-2987670.30             | $5405402.58                                |
| Month 2  | $-1261226.75             | $-5652433.59                               |
| Month 3  | $0.00                    | $2905988.02                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Health & Educational Facilities Authority of the State of Missouri          | Health & Educational Facilities Authority of the State of Missouri, Series 2015           | CUSIP: 60636ALD3<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4598392.50   | 0.76%             | 2044-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Health & Educational Facilities Authority of the State of Missouri          | Health & Educational Facilities Authority of the State of Missouri, Series 2021           | CUSIP: 60637AUW0<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |   2060000 | PA      | $1522456.18   | 0.25%             | 2040-02-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| City of Kirkwood MO                                                         | City of Kirkwood, Series 2024 A                                                           | CUSIP: 497604GC6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1700000 | PA      | $1486113.48   | 0.25%             | 2054-04-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| St Louis Municipal Finance Corp.                                            | St. Louis Municipal Finance Corp., Series 2020                                            | CUSIP: 79165TUC3<br>LEI: 549300CR13DAYKUKQN03 | Long             | DBT              | MUN               | US        |   5685000 | PA      | $5731581.18   | 0.95%             | 2045-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Missouri Housing Development Commission                                     | Missouri Housing Development Commission, Series 2020 C                                    | CUSIP: 60637BZB9<br>LEI: 5493007FBL7WCV3NKY25 | Long             | DBT              | MUN               | US        |   2010000 | PA      | $1316823.76   | 0.22%             | 2045-11-01      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| Pecan Public Facility Corp.                                                 | Pecan Public Facility Corp., Series 2022 A-2                                              | CUSIP: 705125AB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3200000 | PA      | $2293412.80   | 0.38%             | 2052-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| St Charles County Public Water Supply District No. 2                        | St. Charles County Public Water Supply District No. 2, Series 2022                        | CUSIP: 78764YFA0<br>LEI: 54930038VJHZW7PR1R14 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4488187.50   | 0.74%             | 2044-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Riverside-Quindaro Bend Levee District of Platte County                     | Riverside-Quindaro Bend Levee District of Platte County, Series 2017                      | CUSIP: 76926RBD2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2585000 | PA      | $2619574.38   | 0.43%             | 2029-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of St Louis MO Airport Revenue                                         | City of St. Louis, Series 2019 C                                                          | CUSIP: 791638L49<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1705000 | PA      | $1774560.76   | 0.29%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Dallas Housing Finance Corp.                                        | City of Dallas, Series 2022 A                                                             | CUSIP: 23529CAA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1759738.80   | 0.29%             | 2062-12-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| City of Republic MO                                                         | City of Republic, Series 2022                                                             | CUSIP: 760612CF6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $3580990.50   | 0.59%             | 2047-05-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| St Louis Land Clearance for Redevelopment Authority                         | St. Louis Land Clearance for Redevelopment Authority, Series 2022 C                       | CUSIP: 85233SCV8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2025000 | PA      | $2048175.32   | 0.34%             | 2036-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Missouri Development Finance Board                                          | Missouri Development Finance Board, Series 2022                                           | CUSIP: 60636VDD6<br>LEI: 549300JD8BCNBV9D3830 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2512399.25   | 0.42%             | 2055-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Health & Educational Facilities Authority of the State of Missouri          | Health & Educational Facilities Authority of the State of Missouri, Series 2018 A         | CUSIP: 60637AMV1<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2011497.40   | 0.33%             | 2043-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| St Louis Municipal Finance Corp.                                            | St. Louis Municipal Finance Corp., Series 2020                                            | CUSIP: 79165TUD1<br>LEI: 549300CR13DAYKUKQN03 | Long             | DBT              | MUN               | US        |   2175000 | PA      | $2177607.61   | 0.36%             | 2049-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Health & Educational Facilities Authority of the State of Missouri          | Health & Educational Facilities Authority of the State of Missouri, Series 2022 A         | CUSIP: 60636AWV1<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $709314.80    | 0.12%             | 2045-06-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Missouri Development Finance Board                                          | Missouri Development Finance Board, Series 2021                                           | CUSIP: 60636SHT4<br>LEI: 549300JD8BCNBV9D3830 | Long             | DBT              | MUN               | US        |   2640000 | PA      | $1710047.06   | 0.28%             | 2046-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Joplin Industrial Development Authority                                     | Joplin Industrial Development Authority, Series 2024                                      | CUSIP: 480639DH3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    380000 | PA      | $331099.21    | 0.05%             | 2044-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of St Louis MO Airport Revenue                                         | City of St. Louis, Series 2005                                                            | CUSIP: 791638VH9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  13070000 | PA      | $14527033.14  | 2.41%             | 2029-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Hannibal Board of Public Works                                              | Hannibal Board of Public Works, Series 2022                                               | CUSIP: 410617AQ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $806636.70    | 0.13%             | 2047-04-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Health & Educational Facilities Authority of the State of Missouri          | Health & Educational Facilities Authority of the State of Missouri, Series 2020           | CUSIP: 60637ARH7<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1632721.60   | 0.27%             | 2053-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Bi-State Development Agency of the Missouri-Illinois Metropolitan District  | Bi-State Development Agency of the Missouri-Illinois Metropolitan District, Series 2020 A | CUSIP: 088632CN2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4500000 | PA      | $3976723.80   | 0.66%             | 2044-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Health & Educational Facilities Authority of the State of Missouri          | Health & Educational Facilities Authority of the State of Missouri, Series 2021 A         | CUSIP: 60637ATP7<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |  13000000 | PA      | $9215460.80   | 1.53%             | 2051-07-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| County of Phelps MO                                                         | County of Phelps, Series 2025                                                             | CUSIP: 717252DA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2453044.50   | 0.41%             | 2050-12-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Kansas City Industrial Development Authority                                | Kansas City Industrial Development Authority, Series 2019 B                               | CUSIP: 48504NBE8<br>LEI: 549300QWDXL46XQC8110 | Long             | DBT              | MUN               | US        |   5090000 | PA      | $4910657.92   | 0.81%             | 2054-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Capital Trust Agency, Inc.                                                  | Capital Trust Agency, Inc., Series 2021 A-1                                               | CUSIP: 14052TDY7<br>LEI: 549300F49UWS7X0OGQ59 | Long             | DBT              | MUN               | US        |    850000 | PA      | $540514.07    | 0.09%             | 2057-01-01      | Fixed         | 3.68%                 | No            |                  2 | On Loan: No      |
| Development Authority of Rockdale County                                    | Development Authority of Rockdale County, Series 2025 A-1                                 | CUSIP: 77300QAL1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2355000 | PA      | $1030995.69   | 0.17%             | 2045-12-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Health & Educational Facilities Authority of the State of Missouri          | Health & Educational Facilities Authority of the State of Missouri, Series 2013 A         | CUSIP: 60637AEB4<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |   2760000 | PA      | $2759220.85   | 0.46%             | 2044-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Kansas City MO Sanitary Sewer System Revenue                        | City of Kansas City, Series 2024 A                                                        | CUSIP: 48507TLW1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3047058.00   | 0.51%             | 2049-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| State of Oregon Housing & Community Services Department                     | State of Oregon Housing & Community Services Department, Series 2022 II-1                 | CUSIP: 68608END0<br>LEI: 549300N3PYWYJ0Z8N757 | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1410976.42   | 0.23%             | 2039-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Kansas City Industrial Development Authority                                | Kansas City Industrial Development Authority, Series 2011 A                               | CUSIP: 48503SEL9<br>LEI: 549300QWDXL46XQC8110 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5020166.00   | 0.83%             | 2029-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                    | Public Finance Authority, Series 2022 A                                                   | CUSIP: 74441XHM4<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1442426.70   | 0.24%             | 2052-12-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| City of St Charles MO                                                       | City of St. Charles, Series 2020 B                                                        | CUSIP: 85230BFF0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $838440.50    | 0.14%             | 2039-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| County of Jackson MO                                                        | County of Jackson, Series 2023 A                                                          | CUSIP: 467578LY4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2548396.25   | 0.42%             | 2058-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Health & Educational Facilities Authority of the State of Missouri          | Health & Educational Facilities Authority of the State of Missouri, Series 2015           | CUSIP: 60637AJL7<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1188809.31   | 0.20%             | 2045-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lake Houston Redevelopment Authority                                        | Lake Houston Redevelopment Authority, Series 2021                                         | CUSIP: 51001QAT1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    525000 | PA      | $354326.54    | 0.06%             | 2041-09-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Missouri Housing Development Commission                                     | Missouri Housing Development Commission, Series 2020 D                                    | CUSIP: 60637BB33<br>LEI: 5493007FBL7WCV3NKY25 | Long             | DBT              | MUN               | US        |   2715000 | PA      | $1762991.22   | 0.29%             | 2050-11-01      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| City of Republic MO                                                         | City of Republic, Series 2023                                                             | CUSIP: 760612CX7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $970093.90    | 0.16%             | 2041-05-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Health & Educational Facilities Authority of the State of Missouri          | Health & Educational Facilities Authority of the State of Missouri, Series 2019 A         | CUSIP: 60637APX4<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $3183874.80   | 0.53%             | 2054-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Affton School District No. 101                                              | Affton School District No. 101, Series 2017 A                                             | CUSIP: 79149DAW7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $306272.34    | 0.05%             | 2036-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Health & Educational Facilities Authority of the State of Missouri          | Health & Educational Facilities Authority of the State of Missouri, Series 2017 A         | CUSIP: 60636ANV1<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |  11490000 | PA      | $11503436.41  | 1.91%             | 2047-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Missouri Housing Development Commission                                     | Missouri Housing Development Commission, Series 2022 A                                    | CUSIP: 60637BR51<br>LEI: 5493007FBL7WCV3NKY25 | Long             | DBT              | MUN               | US        |   3425000 | PA      | $2755580.67   | 0.46%             | 2042-11-01      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| Waynesville R-VI School District                                            | Waynesville R-VI School District, Series 2025                                             | CUSIP: 74549PAV9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $9208473.00   | 1.53%             | 2050-04-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Jefferson County School District No. R-VI Festus                            | Jefferson County School District No. R-VI, Series 2021 B                                  | CUSIP: 31560CCV0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1223556.00   | 0.20%             | 2046-04-01      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| Health & Educational Facilities Authority of the State of Missouri          | Health & Educational Facilities Authority of the State of Missouri, Series 2022 A         | CUSIP: 60636AWU3<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |   2300000 | PA      | $1850394.62   | 0.31%             | 2038-06-15      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| Kansas City Industrial Development Authority                                | Kansas City Industrial Development Authority, Series 2011 A                               | CUSIP: 48503SEM7<br>LEI: 549300QWDXL46XQC8110 | Long             | DBT              | MUN               | US        |  12000000 | PA      | $12048398.40  | 2.00%             | 2030-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Health & Educational Facilities Authority of the State of Missouri          | Health & Educational Facilities Authority of the State of Missouri, Series 2021           | CUSIP: 60635H3L1<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |   2035000 | PA      | $2060124.92   | 0.34%             | 2030-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Kansas City Industrial Development Authority                                | Kansas City Industrial Development Authority, Series 2019 B                               | CUSIP: 48504NBC2<br>LEI: 549300QWDXL46XQC8110 | Long             | DBT              | MUN               | US        |  30680000 | PA      | $29965834.03  | 4.97%             | 2046-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Health & Educational Facilities Authority of the State of Missouri          | Health & Educational Facilities Authority of the State of Missouri, Series 2025 A         | CUSIP: 60636AXR9<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2897128.50   | 0.48%             | 2047-06-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Health & Educational Facilities Authority of the State of Missouri          | Health & Educational Facilities Authority of the State of Missouri, Series 2024 A         | CUSIP: 60635H4C0<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1646003.80   | 0.27%             | 2054-02-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Health & Educational Facilities Authority of the State of Missouri          | Health & Educational Facilities Authority of the State of Missouri, Series 2021           | CUSIP: 60637AUY6<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |   5590000 | PA      | $3644548.64   | 0.60%             | 2046-02-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| City of Kirkwood MO                                                         | City of Kirkwood, Series 2024 A                                                           | CUSIP: 497604GB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    535000 | PA      | $476299.48    | 0.08%             | 2050-04-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| City of Kansas City MO                                                      | City of Kansas City, Series 2024 A                                                        | CUSIP: 484873TH7<br>LEI: 549300EGAE3I3XU7XE19 | Long             | DBT              | MUN               | US        |   1700000 | PA      | $1537521.99   | 0.25%             | 2044-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Missouri Housing Development Commission                                     | Missouri Housing Development Commission, Series 2024 G                                    | CUSIP: 60637GEY1<br>LEI: 5493007FBL7WCV3NKY25 | Long             | DBT              | MUN               | US        |   3725000 | PA      | $3425641.87   | 0.57%             | 2054-11-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                    | Public Finance Authority, Series 2023 A                                                   | CUSIP: 74441XHQ5<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1381392.15   | 0.23%             | 2053-08-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Poplar Bluff Regional Transportation Development District Sales Tax Revenue | Poplar Bluff Regional Transportation Development District, Series 2023 B                  | CUSIP: 733060AH0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1370000 | PA      | $1338156.95   | 0.22%             | 2031-12-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| City of Republic MO                                                         | City of Republic, Series 2023                                                             | CUSIP: 760612CY5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $937538.10    | 0.16%             | 2044-05-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Cape Girardeau County Industrial Development Authority                      | Cape Girardeau County Industrial Development Authority, Series 2021                       | CUSIP: 139404HS9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2168466.30   | 0.36%             | 2046-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Health & Educational Facilities Authority of the State of Missouri          | Health & Educational Facilities Authority of the State of Missouri, Series 2019 A         | CUSIP: 60637ANX6<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4398611.00   | 0.73%             | 2044-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Washington State Housing Finance Commission                                 | Washington State Housing Finance Commission, Series 2021 A                                | CUSIP: 939783H58<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |   1900000 | PA      | $1575746.57   | 0.26%             | 2037-01-01      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| Health & Educational Facilities Authority of the State of Missouri          | Health & Educational Facilities Authority of the State of Missouri, Series 2017 A         | CUSIP: 60636ANS8<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |   9200000 | PA      | $9248486.76   | 1.53%             | 2042-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Missouri Housing Development Commission                                     | Missouri Housing Development Commission, Series 2021 B                                    | CUSIP: 60637BJ68<br>LEI: 5493007FBL7WCV3NKY25 | Long             | DBT              | MUN               | US        |   7220000 | PA      | $4056479.02   | 0.67%             | 2051-11-01      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| Metropolitan St Louis Sewer District                                        | Metropolitan St. Louis Sewer District, Series 2016 C                                      | CUSIP: 592481JE6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  24700000 | PA      | $25080634.41  | 4.16%             | 2046-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Missouri Housing Development Commission                                     | Missouri Housing Development Commission, Series 2022 C                                    | CUSIP: 60637BY53<br>LEI: 5493007FBL7WCV3NKY25 | Long             | DBT              | MUN               | US        |   1915000 | PA      | $1707779.77   | 0.28%             | 2047-11-01      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| Jefferson County School District No. R-VI Festus                            | Jefferson County School District No. R-VI, Series 2021 B                                  | CUSIP: 31560CCU2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1104869.25   | 0.18%             | 2044-04-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Health & Educational Facilities Authority of the State of Missouri          | Health & Educational Facilities Authority of the State of Missouri, Series 2019 A         | CUSIP: 60635H2S7<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1698188.28   | 0.28%             | 2042-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Health & Educational Facilities Authority of the State of Missouri          | Health & Educational Facilities Authority of the State of Missouri, Series 2024 A         | CUSIP: 60635H4A4<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |   1050000 | PA      | $1034941.95   | 0.17%             | 2044-02-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Strafford Reorganized School District No. R-VI                              | Strafford Reorganized School District No. R-VI, Series 2023                               | CUSIP: 862562DV4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $3763362.00   | 0.62%             | 2043-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Jefferson County School District No. R-VI Festus                            | Jefferson County School District No. R-VI, Series 2021 B                                  | CUSIP: 31560CCT5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $386330.40    | 0.06%             | 2042-04-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Missouri Joint Municipal Electric Utility Commission                        | Missouri Joint Municipal Electric Utility Commission, Series 2018                         | CUSIP: 606094CX6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2003514.40   | 0.33%             | 2043-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Health & Educational Facilities Authority of the State of Missouri          | Health & Educational Facilities Authority of the State of Missouri, Series 2017 C         | CUSIP: 60637AMF6<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |   9720000 | PA      | $9693719.06   | 1.61%             | 2042-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Howard Bend Levee District                                                  | Howard Bend Levee District, Series 2022                                                   | CUSIP: 442499EX3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $156677.78    | 0.03%             | 2042-03-01      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| Health & Educational Facilities Authority of the State of Missouri          | Health & Educational Facilities Authority of the State of Missouri, Series 2025 A         | CUSIP: 60636AXP3<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |   2610000 | PA      | $2765388.44   | 0.46%             | 2035-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Kansas City MO Sanitary Sewer System Revenue                        | City of Kansas City, Series 2023 A                                                        | CUSIP: 48507TKZ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4415695.50   | 0.73%             | 2048-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Health & Educational Facilities Authority of the State of Missouri          | Health & Educational Facilities Authority of the State of Missouri, Series 2016 B         | CUSIP: 60635HZ85<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |  11575000 | PA      | $10445020.72  | 1.73%             | 2046-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Howard Bend Levee District                                                  | Howard Bend Levee District, Series 2022                                                   | CUSIP: 442499EV7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $69379.01     | 0.01%             | 2032-03-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Health & Educational Facilities Authority of the State of Missouri          | Health & Educational Facilities Authority of the State of Missouri, Series 2015 A         | CUSIP: 60637AHV7<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |   3200000 | PA      | $3208752.00   | 0.53%             | 2033-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kansas City Industrial Development Authority                                | Kansas City Industrial Development Authority, Series 2011 A                               | CUSIP: 48503SEP0<br>LEI: 549300QWDXL46XQC8110 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3010975.20   | 0.50%             | 2032-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Missouri Development Finance Board                                          | Missouri Development Finance Board, Series 2021                                           | CUSIP: 60636SHU1<br>LEI: 549300JD8BCNBV9D3830 | Long             | DBT              | MUN               | US        |   9445000 | PA      | $7179079.33   | 1.19%             | 2051-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| St Louis Land Clearance for Redevelopment Authority                         | St. Louis Land Clearance for Redevelopment Authority, Series 2022 C                       | CUSIP: 85233SCX4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2600000 | PA      | $2414512.10   | 0.40%             | 2046-06-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Move Rolla Transportation Development District                              | Move Rolla Transportation Development District, Series 2017                               | CUSIP: 62459HAD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5050000 | PA      | $4609659.19   | 0.76%             | 2047-06-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Health & Educational Facilities Authority of the State of Missouri          | Health & Educational Facilities Authority of the State of Missouri, Series 2017 A         | CUSIP: 60636ANJ8<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |   2800000 | PA      | $2812249.72   | 0.47%             | 2042-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Cape Girardeau County Industrial Development Authority                      | Cape Girardeau County Industrial Development Authority, Series 2021                       | CUSIP: 139404HR1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3010000 | PA      | $2826759.93   | 0.47%             | 2041-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                    | Public Finance Authority, Series 2025 A-1                                                 | CUSIP: 74441XJD2<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   2530000 | PA      | $2542882.51   | 0.42%             | 2036-12-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Howard Bend Levee District                                                  | Howard Bend Levee District, Series 2021                                                   | CUSIP: 442499ES4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $364483.12    | 0.06%             | 2031-03-01      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| Health & Educational Facilities Authority of the State of Missouri          | Health & Educational Facilities Authority of the State of Missouri, Series 2012           | CUSIP: 60637ACW0<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |   8000000 | PA      | $7122428.80   | 1.18%             | 2042-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of St Louis MO Airport Revenue                                         | City of St. Louis, Series 2017 D                                                          | CUSIP: 791638H28<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2125000 | PA      | $2149339.11   | 0.36%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Cape Girardeau County Industrial Development Authority                      | Cape Girardeau County Industrial Development Authority, Series 2021                       | CUSIP: 139404HT7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3100483.40   | 0.51%             | 2046-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Kansas City MO Sanitary Sewer System Revenue                        | City of Kansas City, Series 2018 A                                                        | CUSIP: 48507THG1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1515029.25   | 0.25%             | 2035-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Health & Educational Facilities Authority of the State of Missouri          | Health & Educational Facilities Authority of the State of Missouri, Series 2023           | CUSIP: 60637AWL2<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |  18000000 | PA      | $17707645.80  | 2.94%             | 2052-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Health & Educational Facilities Authority of the State of Missouri          | Health & Educational Facilities Authority of the State of Missouri, Series 2019 A         | CUSIP: 60636ASB0<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $3665781.20   | 0.61%             | 2045-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Phelps MO                                                         | County of Phelps, Series 2025                                                             | CUSIP: 717252DB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2594703.25   | 0.43%             | 2055-12-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Howard Bend Levee District                                                  | Howard Bend Levee District, Series 2021                                                   | CUSIP: 442499EU9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $750380.50    | 0.12%             | 2041-03-01      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| Health & Educational Facilities Authority of the State of Missouri          | Health & Educational Facilities Authority of the State of Missouri, Series 2014 F         | CUSIP: 60637AFM9<br>LEI: 549300IWTBCMX5JB3277 | Long             | STIV             | MUN               | US        |   2800000 | PA      | $2800000.00   | 0.46%             | 2044-06-01      | Variable      | 3.90%                 | No            |                  2 | On Loan: No      |
| City of Kansas City MO Water Revenue                                        | City of Kansas City, Series 2023 A                                                        | CUSIP: 485116C70<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2120000 | PA      | $1883782.39   | 0.31%             | 2047-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Health & Educational Facilities Authority of the State of Missouri          | Health & Educational Facilities Authority of the State of Missouri, Series 2021           | CUSIP: 60635H3P2<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |   4900000 | PA      | $4120700.57   | 0.68%             | 2042-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                        | Puerto Rico Electric Power Authority, Series VV                                           | CUSIP: 74526Q2Q4<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | PR        |   1750000 | PA      | $1748930.23   | 0.29%             | 2032-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Health & Educational Facilities Authority of the State of Missouri          | Health & Educational Facilities Authority of the State of Missouri, Series 2025 A         | CUSIP: 60637AXL1<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4391946.00   | 0.73%             | 2055-04-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Cape Girardeau County Industrial Development Authority                      | Cape Girardeau County Industrial Development Authority, Series 1998                       | CUSIP: 13940PAA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6875000 | PA      | $6890971.31   | 1.14%             | 2028-05-15      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| Capital Trust Agency, Inc.                                                  | Capital Trust Agency, Inc., Series 2021 A-1                                               | CUSIP: 14052TDU5<br>LEI: 549300F49UWS7X0OGQ59 | Long             | DBT              | MUN               | US        |   5544000 | PA      | $4753317.49   | 0.79%             | 2036-12-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Ferguson Reorganized School District No. R-2                                | Ferguson Reorganized School District No. R-2, Series 2018                                 | CUSIP: 315009PJ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1010224.80   | 0.17%             | 2032-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Development Authority of Rockdale County                                    | Development Authority of Rockdale County, Series 2025 A-1                                 | CUSIP: 77300QAK3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    540000 | PA      | $542749.63    | 0.09%             | 2036-12-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Health & Educational Facilities Authority of the State of Missouri          | Health & Educational Facilities Authority of the State of Missouri, Series 2019 C         | CUSIP: 60635H2Y4<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |   1730000 | PA      | $1698242.22   | 0.28%             | 2033-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Guam Government Waterworks Authority                                        | Guam Government Waterworks Authority, Series 2020 A                                       | CUSIP: 40065FDF8<br>LEI: N/A                  | Long             | DBT              | MUN               | GU        |   5790000 | PA      | $5524852.16   | 0.92%             | 2050-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maplewood-Richmond Heights School District                                  | Maplewood-Richmond Heights School District, Series 2025                                   | CUSIP: 565607QR2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1390000 | PA      | $1415441.73   | 0.23%             | 2045-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Marshfield MO Waterworks & Sewer System Revenue                     | City of Marshfield, Series 2020 B                                                         | CUSIP: 572846AB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1775000 | PA      | $1780208.92   | 0.30%             | 2047-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                    | Public Finance Authority, Series 2022, Class B-1                                          | CUSIP: 74442PVW2<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1900000 | PA      | $1456687.25   | 0.24%             | 2044-12-28      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Missouri Housing Development Commission                                     | Missouri Housing Development Commission, Series 2022 C                                    | CUSIP: 60637BY61<br>LEI: 5493007FBL7WCV3NKY25 | Long             | DBT              | MUN               | US        |   2390000 | PA      | $2078369.10   | 0.34%             | 2052-11-01      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| Health & Educational Facilities Authority of the State of Missouri          | Health & Educational Facilities Authority of the State of Missouri, Series 2016 A         | CUSIP: 60635HU56<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $3609510.40   | 0.60%             | 2046-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of St Louis MO Airport Revenue                                         | City of St. Louis, Series 2017 D                                                          | CUSIP: 791638G94<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1014125.50   | 0.17%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Health & Educational Facilities Authority of the State of Missouri          | Health & Educational Facilities Authority of the State of Missouri, Series 2021           | CUSIP: 60637AUX8<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |   2120000 | PA      | $1518975.12   | 0.25%             | 2041-02-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Poplar Bluff Regional Transportation Development District Sales Tax Revenue | Poplar Bluff Regional Transportation Development District, Series 2023 B                  | CUSIP: 733060AJ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2600000 | PA      | $2420042.82   | 0.40%             | 2037-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                        | Puerto Rico Electric Power Authority, Escrow Account                                      | CUSIP: N/A<br>LEI: 5493003BRB67HF8ST418       | Long             | EC               | CORP              | PR        |    238252 | NS      | $59563.12     | 0.01%             |  |  |  | No            |                  3 | On Loan: No      |
| Howard Bend Levee District                                                  | Howard Bend Levee District, Series 2021                                                   | CUSIP: 442499ET2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $407307.70    | 0.07%             | 2036-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| City of University City MO                                                  | City of University City, Series 2024                                                      | CUSIP: 91413PDA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1205000 | PA      | $1214167.88   | 0.20%             | 2049-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan St Louis Sewer District                                        | Metropolitan St. Louis Sewer District, Series 2017 A                                      | CUSIP: 592481KG9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  15000000 | PA      | $15019342.50  | 2.49%             | 2047-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Springfield MO                                                      | City of Springfield, Series 2023                                                          | CUSIP: 851039NN3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $486627.00    | 0.08%             | 2042-11-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| St Louis County Industrial Development Authority                            | St. Louis County Industrial Development Authority, Series 2017                            | CUSIP: 791524CE9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7095000 | PA      | $6424821.91   | 1.07%             | 2048-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Community College District of Central Southwest Missouri                    | Community College District of Central Southwest Missouri, Series 2021                     | CUSIP: 155176AU4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    575000 | PA      | $472265.27    | 0.08%             | 2040-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Health & Educational Facilities Authority of the State of Missouri          | Health & Educational Facilities Authority of the State of Missouri, Series 2025 A         | CUSIP: 60636AXQ1<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |   1935000 | PA      | $1895599.53   | 0.31%             | 2040-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| St Louis Municipal Library District                                         | St. Louis Municipal Library District, Series 2020                                         | CUSIP: 85236UAU4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2800000 | PA      | $2437091.16   | 0.40%             | 2048-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Joplin Industrial Development Authority                                     | Joplin Industrial Development Authority, Series 2024                                      | CUSIP: 480639DG5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    510000 | PA      | $447727.22    | 0.07%             | 2043-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of St Louis MO Airport Revenue                                         | City of St. Louis, Series 2024 A                                                          | CUSIP: 791638T25<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6480000 | PA      | $6687425.45   | 1.11%             | 2049-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Health & Educational Facilities Authority of the State of Missouri          | Health & Educational Facilities Authority of the State of Missouri, Series 2018 A         | CUSIP: 60637AMQ2<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |  13500000 | PA      | $13205775.60  | 2.19%             | 2048-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Cape Girardeau County Industrial Development Authority                      | Cape Girardeau County Industrial Development Authority, Series 2016                       | CUSIP: 139404GB7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7110000 | PA      | $7130078.64   | 1.18%             | 2039-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Health & Educational Facilities Authority of the State of Missouri          | Health & Educational Facilities Authority of the State of Missouri, Series 2000 C         | CUSIP: 606901WT9<br>LEI: 549300IWTBCMX5JB3277 | Long             | STIV             | MUN               | US        |   5300000 | PA      | $5300000.00   | 0.88%             | 2040-03-01      | Variable      | 3.75%                 | No            |                  2 | On Loan: No      |
| St Louis Land Clearance for Redevelopment Authority                         | St. Louis Land Clearance for Redevelopment Authority, Series 2021                         | CUSIP: 85233SCG1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3845000 | PA      | $2696367.77   | 0.45%             | 2041-07-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| Missouri Development Finance Board                                          | Missouri Development Finance Board, Series 1999                                           | CUSIP: 60636LAA7<br>LEI: 549300JD8BCNBV9D3830 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3202712.10   | 0.53%             | 2029-03-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp. Sales Tax Revenue                     | Puerto Rico Sales Tax Financing Corp., Series A-1                                         | CUSIP: 74529JPX7<br>LEI: N/A                  | Long             | DBT              | MUN               | PR        |   6000000 | PA      | $5503549.20   | 0.91%             | 2058-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Health & Educational Facilities Authority of the State of Missouri          | Health & Educational Facilities Authority of the State of Missouri, Series 2017 C         | CUSIP: 60637AMG4<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $8463088.00   | 1.40%             | 2047-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Health & Educational Facilities Authority of the State of Missouri          | Health & Educational Facilities Authority of the State of Missouri, Series 2015           | CUSIP: 60637AJM5<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |   1650000 | PA      | $1584758.34   | 0.26%             | 2040-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| St Louis County Industrial Development Authority                            | St. Louis County Industrial Development Authority, Series 2013 A                          | CUSIP: 791524BU4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7000000 | PA      | $6999322.40   | 1.16%             | 2043-09-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Kansas City Industrial Development Authority                                | Kansas City Industrial Development Authority, Series 2019 B                               | CUSIP: 48504NBD0<br>LEI: 549300QWDXL46XQC8110 | Long             | DBT              | MUN               | US        |   8000000 | PA      | $7869618.40   | 1.30%             | 2049-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Missouri Housing Development Commission                                     | Missouri Housing Development Commission, Series 2018 B                                    | CUSIP: 60637BSL5<br>LEI: 5493007FBL7WCV3NKY25 | Long             | DBT              | MUN               | US        |    785000 | PA      | $743728.86    | 0.12%             | 2038-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                    | Public Finance Authority, Series 2025 A-2                                                 | CUSIP: 74441XJE0<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |  10690000 | PA      | $4679976.17   | 0.78%             | 2045-12-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Republic School District No. R-3                                            | Republic School District No. R-3, Series 2023                                             | CUSIP: 394532KZ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1470000 | PA      | $1356200.39   | 0.22%             | 2043-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Springfield MO Public Utility Revenue                               | City of Springfield, Series 2025                                                          | CUSIP: 851026FM1<br>LEI: NDLRXEC1F2GZZETPKO45 | Long             | DBT              | MUN               | US        |  20000000 | PA      | $17510544.00  | 2.90%             | 2047-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Harrisonville MO                                                    | City of Harrisonville, Series 2023 A                                                      | CUSIP: 415734CF7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1875715.80   | 0.31%             | 2048-03-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Clay County Reorganized School District No. R-1                             | Clay County Reorganized School District No. R-1, Series 2017                              | CUSIP: 183473NB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1540000 | PA      | $1416524.34   | 0.23%             | 2036-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Lebanon Reorganized School District No. R-3                                 | Lebanon Reorganized School District No. R-3, Series 2024                                  | CUSIP: 522714FB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $3638819.20   | 0.60%             | 2044-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Health & Educational Facilities Authority of the State of Missouri          | Health & Educational Facilities Authority of the State of Missouri, Series 2016           | CUSIP: 60637AKY7<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |   4030000 | PA      | $4066222.45   | 0.67%             | 2034-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Jackson MO                                                        | County of Jackson, Series 2023 A                                                          | CUSIP: 467578LX6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2660000 | PA      | $2362884.12   | 0.39%             | 2053-12-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Missouri Development Finance Board                                          | Missouri Development Finance Board, Series 2025 A                                         | CUSIP: 60636SMH4<br>LEI: 549300JD8BCNBV9D3830 | Long             | DBT              | MUN               | US        |   1225000 | PA      | $1206469.92   | 0.20%             | 2054-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Capital Trust Authority                                                     | Capital Trust Authority, Series 2024                                                      | CUSIP: 14054XAA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6200000 | PA      | $5173825.60   | 0.86%             | 2029-03-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| St Charles County School District No. R-IV Wentzville                       | St. Charles County School District No. R-IV Wentzville, Series 2018                       | CUSIP: 950732ZT7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  15400000 | PA      | $15411144.98  | 2.56%             | 2038-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| St Louis School District                                                    | St. Louis School District, Series 2023                                                    | CUSIP: 791639LX3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7000000 | PA      | $6498999.50   | 1.08%             | 2043-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Howard Bend Levee District                                                  | Howard Bend Levee District, Series 2022                                                   | CUSIP: 442499EW5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    175000 | PA      | $147031.45    | 0.02%             | 2037-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Springfield School District No. R-12                                        | Springfield School District No. R-12, Series 2023                                         | CUSIP: 851035VL6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1853917.00   | 0.31%             | 2043-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Affton School District No. 101                                              | Affton School District No. 101, Series 2017 A                                             | CUSIP: 79149DAV9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1620000 | PA      | $1680978.58   | 0.28%             | 2036-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| St Louis Land Clearance for Redevelopment Authority                         | St. Louis Land Clearance for Redevelopment Authority, Series 2022 C                       | CUSIP: 85233SCW6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1910817.20   | 0.32%             | 2041-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp. Sales Tax Revenue                     | Puerto Rico Sales Tax Financing Corp., Series A-1                                         | CUSIP: 74529JPW9<br>LEI: N/A                  | Long             | DBT              | MUN               | PR        |   1404000 | PA      | $1260831.59   | 0.21%             | 2053-07-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Hannibal Board of Public Works                                              | Hannibal Board of Public Works, Series 2022                                               | CUSIP: 410617AP9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $812161.80    | 0.13%             | 2044-04-01      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| Health & Educational Facilities Authority of the State of Missouri          | Health & Educational Facilities Authority of the State of Missouri, Series 2019 A         | CUSIP: 60635H2R9<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2037953.80   | 0.34%             | 2034-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Health & Educational Facilities Authority of the State of Missouri          | Health & Educational Facilities Authority of the State of Missouri, Series 2022 A         | CUSIP: 60637AVU3<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4914309.00   | 0.81%             | 2052-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ferguson Reorganized School District No. R-2                                | Ferguson Reorganized School District No. R-2, Series 2018                                 | CUSIP: 315009PM6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2250000 | PA      | $2285041.05   | 0.38%             | 2038-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Clay County Reorganized School District No. R-1                             | Clay County Reorganized School District No. R-1, Series 2017                              | CUSIP: 183473NC7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1855000 | PA      | $1697304.60   | 0.28%             | 2037-03-01      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| St Louis Land Clearance for Redevelopment Authority                         | St. Louis Land Clearance for Redevelopment Authority, Series 2021 A                       | CUSIP: 791652JC5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5635000 | PA      | $4201803.12   | 0.70%             | 2039-04-01      | Fixed         | 2.12%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                    | Public Finance Authority, Series 2024 A-2                                                 | CUSIP: 74441XHX0<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   4825000 | PA      | $2826659.18   | 0.47%             | 2044-12-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Missouri Development Finance Board                                          | Missouri Development Finance Board, Series 2021                                           | CUSIP: 60636SHP2<br>LEI: 549300JD8BCNBV9D3830 | Long             | DBT              | MUN               | US        |    930000 | PA      | $973103.27    | 0.16%             | 2030-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Harrisonville MO                                                    | City of Harrisonville, Series 2023 A                                                      | CUSIP: 415734CG5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1863658.60   | 0.31%             | 2053-03-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Health & Educational Facilities Authority of the State of Missouri          | Health & Educational Facilities Authority of the State of Missouri, Series 2017 A         | CUSIP: 60636ANP4<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |   4875000 | PA      | $4834723.24   | 0.80%             | 2047-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Harrisonville MO                                                    | City of Harrisonville, Series 2023 A                                                      | CUSIP: 415734CE0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $951854.10    | 0.16%             | 2043-03-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Community College District of Central Southwest Missouri                    | Community College District of Central Southwest Missouri, Series 2021                     | CUSIP: 155176AV2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $322312.80    | 0.05%             | 2041-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-09-30

**Name of Applicant:** Franklin Tax Free Trust

**Signature:** Monica Krogh

**Name of Signer:** Monica Krogh

**Title:** Assistant Treasurer