# EDGAR Filing Document

**Accession Number:** 0000771951
**File Stem:** 0000869392-23-000665
**Filing Date:** 2023-3
**Character Count:** 173233
**Document Hash:** f3c5db747ef2c22a2845ee1e07e62d23
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000869392-23-000665.hdr.sgml**: 20230329

**ACCESSION NUMBER**: 0000869392-23-000665

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20230131

**FILED AS OF DATE**: 20230329

**DATE AS OF CHANGE**: 20230329

**PERIOD START**: 20230731

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** PUTNAM TAX FREE INCOME TRUST
- **CENTRAL INDEX KEY:** 0000771951
- **IRS NUMBER:** 046483374
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 0731

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-04345
- **FILM NUMBER:** 23774448

**BUSINESS ADDRESS:**
- **STREET 1:** 100 FEDERAL STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02110
- **BUSINESS PHONE:** 6172921000

**MAIL ADDRESS:**
- **STREET 1:** 100 FEDERAL STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02110

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PUTNAM TAX FREE INCOME TRUST /MA/
- **DATE OF NAME CHANGE:** 19920902

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PUTNAM TAX FREE INCOME TRUST
- **DATE OF NAME CHANGE:** 19920101

## Series and Classes Contracts Data

### Putnam Tax-Free High Yield Fund (Series ID: S000003861)

| Class ID   | Class Name      | Ticker Symbol   |
|:---|:---|:---|
| C000010821 | Class C Shares  |  |
| C000010822 | Class A Shares  | PTHAX           |
| C000010823 | Class B Shares  | PTHYX           |
| C000060536 | CLASS Y         |  |
| C000202841 | Class R6 Shares |  |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Putnam Tax Free Income Trust

- **b. Investment Company Act file number:** 811-04345

- **c. CIK number of Registrant:** 0000771951

- **d. LEI of Registrant:** 54930021N9BODYLQGR89

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

  - **Street Address 1:** 100 FEDERAL STREET

  - **City:** BOSTON

  - **State:** MA

  - **Foreign country:** US

  - **Zip / Postal Code:** 02110

  - **Telephone number:** 1-800-225-1581

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

- **a. Name of Series:** Putnam Tax Free High Yield Fund

- **b. EDGAR series identifier (if any):** S000003861

- **c. LEI of Series:** GHIM2ZY9C5VFZ759VN46

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

- **a. Date of fiscal year-end:** 2023-07-31

- **b. Date as of which information is reported:** 2023-01-31

**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:** $746759750.80

**Total Liabilities:** $43013977.68

**Net Assets:** $703745773.12

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 794.37 | **1-Year:** 12666.37 | **5-Year:** 62651.14 | **10-Year:** 169289.39 | **30-Year:** 151802.86

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

- **3-Month:** 568.43 | **1-Year:** 8192.1 | **5-Year:** 32166.42 | **10-Year:** 126616.65 | **30-Year:** 154815.58

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000010821 | 4.33%                | -0.38%               | 6.38%                |
| Class ID C000010822 | 4.50%                | -0.41%               | 6.46%                |
| Class ID C000010823 | 4.43%                | -0.46%               | 6.39%                |
| Class ID C000060536 | 4.50%                | -0.39%               | 6.45%                |
| Class ID C000202841 | 4.50%                | -0.29%               | 6.35%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-1166989.37             | $29884304.85                               |
| Month 2  | $-1589908.60             | $-2867589.12                               |
| Month 3  | $-1428845.78             | $41058776.18                               |

**Designated Index Information**

- **Index Name:** Bloomberg Municipal Bond Index

- **Index Identifier:** IDX01566

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| CENTER FOR MEDICAL SCIENCE INC                                                           | COMMON STOCK         | CUSIP: 12601E107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       400 | NS      | $10368.00     | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| SALT VERDE FINANCIAL CORP                                                                | FX.RT. MUNI BOND     | CUSIP: 79575EAQ1<br>LEI: 549300VEWOZY6TQOIF03 | Long             | DBT              | MUN               | US        |   1525000 | PA      | $1681892.76   | 0.24%             | 2029-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| MATAGORDA COUNTY NAVIGATION DISTRICT NO 1                                                | FX.RT. MUNI BOND     | CUSIP: 576528CY7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3175208.40   | 0.45%             | 2030-05-01      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| LONG BEACH BOND FINANCE AUTHORITY                                                        | FX.RT. MUNI BOND     | CUSIP: 54241AAZ6<br>LEI: 549300BKBZ5U7OZH3S21 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2276178.40   | 0.32%             | 2037-11-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY                                                | FX.RT. MUNI BOND     | CUSIP: 645918K93<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |    300000 | PA      | $300357.24    | 0.04%             | 2032-07-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY                                                | FX.RT. MUNI BOND     | CUSIP: 645918L27<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |    655000 | PA      | $655581.44    | 0.09%             | 2044-07-01      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY                                                | FX.RT. MUNI BOND     | CUSIP: 645918S87<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   2250000 | PA      | $2249894.03   | 0.32%             | 2044-07-01      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| INDUSTRIAL DEVELOPMENT AUTHORITY OF THE COUNTY OF YAVAPAI/THE                            | FX.RT. MUNI BOND     | CUSIP: 98521VAD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1470000 | PA      | $1470062.62   | 0.21%             | 2032-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PLAZA METROPOLITAN DISTRICT NO 1                                                         | FX.RT. MUNI BOND     | CUSIP: 72818QAX1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2964930.00   | 0.42%             | 2040-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHESTER COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY                                          | FX.RT. MUNI BOND     | CUSIP: 16559PAT2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2200000 | PA      | $2144823.78   | 0.30%             | 2045-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY                                                | FX.RT. MUNI BOND     | CUSIP: 64578CBU4<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2025775.00   | 0.29%             | 2033-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FISHHAWK COMMUNITY DEVELOPMENT DISTRICT IV                                               | FX.RT. MUNI BOND     | CUSIP: 33804UAC6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    540000 | PA      | $543521.99    | 0.08%             | 2043-05-01      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA SCHOOL FINANCE AUTHORITY                                                      | FX.RT. MUNI BOND     | CUSIP: 13059TAF6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1009462.20   | 0.14%             | 2033-07-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| VILLAGE COMMUNITY DEVELOPMENT DISTRICT NO 10 PHASE II                                    | FX.RT. MUNI BOND     | CUSIP: 92707CAE6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    925000 | PA      | $928410.38    | 0.13%             | 2031-05-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY                                                | FX.RT. MUNI BOND     | CUSIP: 64578CBW0<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1024027.20   | 0.15%             | 2030-11-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA MUNICIPAL FINANCE AUTHORITY                                                   | FX.RT. MUNI BOND     | CUSIP: 13049SBC7<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    800000 | PA      | $817400.08    | 0.12%             | 2039-08-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| NEW HOPE CULTURAL EDUCATION FACILITIES FINANCE CORP                                      | FX.RT. MUNI BOND     | CUSIP: 64542RBK6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $514027.30    | 0.07%             | 2039-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FINANCE AUTHORITY                                                                 | FX.RT. MUNI BOND     | CUSIP: 74443UAE3<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1054117.20   | 0.15%             | 2049-11-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FINANCE AUTHORITY                                                                 | FX.RT. MUNI BOND     | CUSIP: 74443UAD5<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    500000 | PA      | $525166.45    | 0.07%             | 2044-11-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| CITY OF WESTMINSTER MD                                                                   | FX.RT. MUNI BOND     | CUSIP: 960735AG3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3108035.40   | 0.44%             | 2034-07-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| SOUTHEAST OVERTOWN PARK WEST COMMUNITY REDEVELOPMENT AGENCY                              | FX.RT. MUNI BOND     | CUSIP: 841466AK1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1440000 | PA      | $1468666.37   | 0.21%             | 2030-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CITY OF WESTMINSTER MD                                                                   | FX.RT. MUNI BOND     | CUSIP: 960735AQ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $760077.00    | 0.11%             | 2034-07-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| INDUSTRIAL DEVELOPMENT AUTHORITY OF THE CITY OF PHOENIX ARIZONA/THE                      | FX.RT. MUNI BOND     | CUSIP: 71885FDK0<br>LEI: 549300A62PWFBDWB8332 | Long             | DBT              | MUN               | US        |   3800000 | PA      | $3830766.32   | 0.54%             | 2044-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK LIBERTY DEVELOPMENT CORP                                                        | FX.RT. MUNI BOND     | CUSIP: 649519DC6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1251470.38   | 0.18%             | 2040-11-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| NEW HOPE CULTURAL EDUCATION FACILITIES FINANCE CORP                                      | FX.RT. MUNI BOND     | CUSIP: 64542UAF1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1050000 | PA      | $926862.09    | 0.13%             | 2043-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CITY OF LAS VEGAS NV                                                                     | FX.RT. MUNI BOND     | CUSIP: 51778DBJ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    915000 | PA      | $923143.23    | 0.13%             | 2030-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHESTER COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY                                          | FX.RT. MUNI BOND     | CUSIP: 165588CX0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    625000 | PA      | $630469.31    | 0.09%             | 2034-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ST TAMMANY PARISH FINANCE AUTHORITY                                                      | FX.RT. MUNI BOND     | CUSIP: 793499BD5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    765000 | PA      | $750297.69    | 0.11%             | 2037-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| TOBACCO SETTLEMENT FINANCING CORP/RI                                                     | FX.RT. MUNI BOND     | CUSIP: 888809BG4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3020244.30   | 0.43%             | 2050-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CITY OF HOUSTON TX AIRPORT SYSTEM REVENUE                                                | FX.RT. MUNI BOND     | CUSIP: 4423487S1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $200559.96    | 0.03%             | 2035-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SOUTHEASTERN OHIO PORT AUTHORITY                                                         | FX.RT. MUNI BOND     | CUSIP: 841895AW5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    235000 | PA      | $236958.21    | 0.03%             | 2043-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| INDUSTRIAL DEVELOPMENT AUTHORITY OF THE CITY OF PHOENIX ARIZONA/THE                      | FX.RT. MUNI BOND     | CUSIP: 71885FDN4<br>LEI: 549300A62PWFBDWB8332 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1507814.70   | 0.21%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FINANCE AUTHORITY                                                                 | FX.RT. MUNI BOND     | CUSIP: 74442PAV7<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1382263.50   | 0.20%             | 2038-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LOWER MAGNOLIA GREEN COMMUNITY DEVELOPMENT AUTHORITY                                     | FX.RT. MUNI BOND     | CUSIP: 548207AB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    835000 | PA      | $833465.85    | 0.12%             | 2035-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DEVELOPMENT AUTHORITY OF COBB COUNTY/THE                                                 | FX.RT. MUNI BOND     | CUSIP: 190778FV7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1260001.25   | 0.18%             | 2038-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DEVELOPMENT AUTHORITY OF COBB COUNTY/THE                                                 | FX.RT. MUNI BOND     | CUSIP: 190778FU9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1222688.16   | 0.17%             | 2030-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| INDUSTRIAL DEVELOPMENT AUTHORITY OF THE COUNTY OF YAVAPAI/THE                            | FX.RT. MUNI BOND     | CUSIP: 98521VAG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $500076.80    | 0.07%             | 2034-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHERRY HILL COMMUNITY DEVELOPMENT AUTHORITY                                              | FX.RT. MUNI BOND     | CUSIP: 164631AB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $501932.80    | 0.07%             | 2035-03-01      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| COUNTY OF CLARK NV                                                                       | FX.RT. MUNI BOND     | CUSIP: 181003MX9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    590000 | PA      | $597695.02    | 0.08%             | 2035-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CITY OF LAS VEGAS NV SPECIAL IMPROVEMENT DISTRICT NO 812                                 | FX.RT. MUNI BOND     | CUSIP: 517784AS3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    685000 | PA      | $692793.31    | 0.10%             | 2035-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| INDUSTRIAL DEVELOPMENT AUTHORITY OF THE CITY OF PHOENIX ARIZONA/THE                      | FX.RT. MUNI BOND     | CUSIP: 71885FEA1<br>LEI: 549300A62PWFBDWB8332 | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1759117.15   | 0.25%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| INDUSTRIAL DEVELOPMENT AUTHORITY OF THE CITY OF PHOENIX ARIZONA/THE                      | FX.RT. MUNI BOND     | CUSIP: 71885FEB9<br>LEI: 549300A62PWFBDWB8332 | Long             | DBT              | MUN               | US        |    750000 | PA      | $714191.25    | 0.10%             | 2046-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LAKEWOOD RANCH STEWARDSHIP DISTRICT                                                      | FX.RT. MUNI BOND     | CUSIP: 51265KAV0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    815000 | PA      | $822152.93    | 0.12%             | 2036-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FINANCE AUTHORITY                                                                 | FX.RT. MUNI BOND     | CUSIP: 74443QAD4<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    700000 | PA      | $685507.62    | 0.10%             | 2030-11-01      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| NEW HAMPSHIRE HEALTH AND EDUCATION FACILITIES AUTHORITY ACT                              | FX.RT. MUNI BOND     | CUSIP: 6446143Q0<br>LEI: 549300CNCK7OT82W5653 | Long             | DBT              | MUN               | US        |    625000 | PA      | $627773.69    | 0.09%             | 2046-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MARICOPA COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY                                         | FX.RT. MUNI BOND     | CUSIP: 56681NAN7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1494692.85   | 0.21%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT STATE HEALTH  AND  EDUCATIONAL FACILITIES AUTHORITY                          | FX.RT. MUNI BOND     | CUSIP: 20774YJ32<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $926871.00    | 0.13%             | 2046-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TEXAS PRIVATE ACTIVITY BOND SURFACE TRANSPORTATION CORP                                  | FX.RT. MUNI BOND     | CUSIP: 882667AL2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1756595.05   | 0.25%             | 2050-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CITY OF HAM LAKE MN                                                                      | FX.RT. MUNI BOND     | CUSIP: 406511AC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $933215.50    | 0.13%             | 2047-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SANTA CLARA COUNTY FINANCING AUTHORITY                                                   | FX.RT. MUNI BOND     | CUSIP: 801577LA3<br>LEI: 549300A73O1Q5POHAT69 | Long             | DBT              | MUN               | US        |   6715000 | PA      | $6720143.02   | 0.95%             | 2034-05-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| ARLINGTON HIGHER EDUCATION FINANCE CORP                                                  | FX.RT. MUNI BOND     | CUSIP: 041806HJ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    815000 | PA      | $841932.41    | 0.12%             | 2036-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DELAWARE STATE ECONOMIC DEVELOPMENT AUTHORITY                                            | FX.RT. MUNI BOND     | CUSIP: 246387RW6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1820000 | PA      | $1783047.08   | 0.25%             | 2046-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DELAWARE STATE ECONOMIC DEVELOPMENT AUTHORITY                                            | FX.RT. MUNI BOND     | CUSIP: 246387RV8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $706144.74    | 0.10%             | 2036-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TOWNSHIP OF BAYTOWN MN                                                                   | FX.RT. MUNI BOND     | CUSIP: 073225AW4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $348952.92    | 0.05%             | 2036-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK COUNTIES TOBACCO TRUST VI                                                       | FX.RT. MUNI BOND     | CUSIP: 64945JAF9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2415342.00   | 0.34%             | 2051-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLORADO HEALTH FACILITIES AUTHORITY                                                     | FX.RT. MUNI BOND     | CUSIP: 19648FAY0<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1940172.80   | 0.28%             | 2031-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WASHINGTON STATE HOUSING FINANCE COMMISSION                                              | FX.RT. MUNI BOND     | CUSIP: 939783TQ9<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |    575000 | PA      | $536560.62    | 0.08%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FAIRFAX COUNTY ECONOMIC DEVELOPMENT AUTHORITY                                            | FX.RT. MUNI BOND     | CUSIP: 303826AQ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $370024.41    | 0.05%             | 2042-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NORTH CAROLINA MEDICAL CARE COMMISSION                                                   | FX.RT. MUNI BOND     | CUSIP: 65820YMR4<br>LEI: 549300FH6KOXGCHQYG81 | Long             | DBT              | MUN               | US        |   1625000 | PA      | $1567588.75   | 0.22%             | 2037-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SARASOTA COUNTY HEALTH FACILITIES AUTHORITY                                              | FX.RT. MUNI BOND     | CUSIP: 80329UAX7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1285000 | PA      | $1257039.04   | 0.18%             | 2031-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SARASOTA COUNTY HEALTH FACILITIES AUTHORITY                                              | FX.RT. MUNI BOND     | CUSIP: 80329UAW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $737506.65    | 0.10%             | 2030-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA HIGHER EDUCATIONAL FACILITIES AUTHORITY                                     | FX.RT. MUNI BOND     | CUSIP: 709181BZ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1011834.70   | 0.14%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SUFFOLK ECONOMIC DEVELOPMENT AUTHORITY                                                   | FX.RT. MUNI BOND     | CUSIP: 86482NAJ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1458157.80   | 0.21%             | 2031-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HARRIS COUNTY CULTURAL EDUCATION FACILITIES FINANCE CORP                                 | FX.RT. MUNI BOND     | CUSIP: 414009LD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $930598.20    | 0.13%             | 2037-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW HOPE CULTURAL EDUCATION FACILITIES FINANCE CORP                                      | FX.RT. MUNI BOND     | CUSIP: 64542UCY8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $456462.95    | 0.06%             | 2036-11-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| NEW HOPE CULTURAL EDUCATION FACILITIES FINANCE CORP                                      | FX.RT. MUNI BOND     | CUSIP: 64542UCZ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $605902.99    | 0.09%             | 2046-11-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| SKAGIT COUNTY PUBLIC HOSPITAL DISTRICT NO 1                                              | FX.RT. MUNI BOND     | CUSIP: 830227EC4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2061956.00   | 0.29%             | 2037-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WASHINGTON STATE HOUSING FINANCE COMMISSION                                              | FX.RT. MUNI BOND     | CUSIP: 939783TJ5<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $3293964.80   | 0.47%             | 2046-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KENTUCKY ECONOMIC DEVELOPMENT FINANCE AUTHORITY                                          | FX.RT. MUNI BOND     | CUSIP: 49126PFF2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1765558.20   | 0.25%             | 2036-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT STATE HEALTH  AND  EDUCATIONAL FACILITIES AUTHORITY                          | FX.RT. MUNI BOND     | CUSIP: 20774YW29<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1505066.10   | 0.21%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CITY OF HAM LAKE MN                                                                      | FX.RT. MUNI BOND     | CUSIP: 406511AN5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1488112.95   | 0.21%             | 2036-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA POLLUTION CONTROL FINANCING AUTHORITY                                         | FX.RT. MUNI BOND     | CUSIP: 13053CAD4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1700000 | PA      | $1740141.25   | 0.25%             | 2046-11-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| MINNESOTA HIGHER EDUCATION FACILITIES AUTHORITY                                          | FX.RT. MUNI BOND     | CUSIP: 60416H2R4<br>LEI: 549300DI4V4CIPMX7K35 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $944778.00    | 0.13%             | 2046-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLORADO HEALTH FACILITIES AUTHORITY                                                     | FX.RT. MUNI BOND     | CUSIP: 19648FBX1<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |    250000 | PA      | $237802.40    | 0.03%             | 2047-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| COLORADO HEALTH FACILITIES AUTHORITY                                                     | FX.RT. MUNI BOND     | CUSIP: 19648FBW3<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $991985.60    | 0.14%             | 2037-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| KENTUCKY ECONOMIC DEVELOPMENT FINANCE AUTHORITY                                          | FX.RT. MUNI BOND     | CUSIP: 49126KKE0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    375000 | PA      | $387906.19    | 0.06%             | 2041-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FINANCE AUTHORITY                                                               | FX.RT. MUNI BOND     | CUSIP: 594479DD6<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   4100000 | PA      | $3925506.87   | 0.56%             | 2047-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CITY OF CENTERVILLE OH                                                                   | FX.RT. MUNI BOND     | CUSIP: 152241AZ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1839030.60   | 0.26%             | 2047-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| NEW HAMPSHIRE HEALTH AND EDUCATION FACILITIES AUTHORITY ACT                              | FX.RT. MUNI BOND     | CUSIP: 64461XBF1<br>LEI: 549300CNCK7OT82W5653 | Long             | DBT              | MUN               | US        |    834787 | PA      | $183653.06    | 0.03%             | 2037-07-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| NEW HAMPSHIRE HEALTH AND EDUCATION FACILITIES AUTHORITY ACT                              | FX.RT. MUNI BOND     | CUSIP: 64461XBG9<br>LEI: 549300CNCK7OT82W5653 | Long             | DBT              | MUN               | US        |    208697 | PA      | $45913.26     | 0.01%             | 2042-07-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| TARRANT COUNTY CULTURAL EDUCATION FACILITIES FINANCE CORP                                | FX.RT. MUNI BOND     | CUSIP: 87638RKB2<br>LEI: 549300ROY505NVTMMI25 | Long             | DBT              | MUN               | US        |   1620000 | PA      | $1683871.25   | 0.24%             | 2037-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS FINANCE AUTHORITY                                                               | FX.RT. MUNI BOND     | CUSIP: 45204EVE5<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    500000 | PA      | $507146.00    | 0.07%             | 2042-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS FINANCE AUTHORITY                                                               | FX.RT. MUNI BOND     | CUSIP: 45204EVF2<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    850000 | PA      | $857967.31    | 0.12%             | 2047-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS FINANCE AUTHORITY                                                               | FX.RT. MUNI BOND     | CUSIP: 45204EYZ5<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    200000 | PA      | $213499.84    | 0.03%             | 2033-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FINANCE AUTHORITY                                                               | FX.RT. MUNI BOND     | CUSIP: 594479DC8<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   1080000 | PA      | $1086870.10   | 0.15%             | 2037-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FINANCE AUTHORITY                                                               | FX.RT. MUNI BOND     | CUSIP: 594479DB0<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1033595.40   | 0.15%             | 2032-02-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY                                                | FX.RT. MUNI BOND     | CUSIP: 64577BN26<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |    500000 | PA      | $508241.25    | 0.07%             | 2047-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY                                                | FX.RT. MUNI BOND     | CUSIP: 64577BM84<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1056515.20   | 0.15%             | 2032-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| STATE OF ILLINOIS                                                                        | FX.RT. MUNI BOND     | CUSIP: 452152P21<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2136894.40   | 0.30%             | 2029-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ST LOUIS COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY                                         | FX.RT. MUNI BOND     | CUSIP: 791524CE9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1590410.33   | 0.23%             | 2048-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SOUTHLANDS METROPOLITAN DISTRICT NO 1                                                    | FX.RT. MUNI BOND     | CUSIP: 84454RAW5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $500432.80    | 0.07%             | 2037-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OHIO AIR QUALITY DEVELOPMENT AUTHORITY                                                   | FX.RT. MUNI BOND     | CUSIP: 67754AAE4<br>LEI: 549300DZUU80AYOR6M80 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1896507.40   | 0.27%             | 2048-01-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| CHICAGO BOARD OF EDUCATION                                                               | FX.RT. MUNI BOND     | CUSIP: 167505TJ5<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   4600000 | PA      | $4695859.40   | 0.67%             | 2036-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| STATE OF ILLINOIS                                                                        | FX.RT. MUNI BOND     | CUSIP: 452152S93<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5382026.00   | 0.76%             | 2030-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| STATE OF ILLINOIS                                                                        | FX.RT. MUNI BOND     | CUSIP: 452152T27<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   7200000 | PA      | $7648344.00   | 1.09%             | 2031-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS FINANCE AUTHORITY                                                               | FX.RT. MUNI BOND     | CUSIP: 45203KAP0<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   5500000 | PA      | $5510938.40   | 0.78%             | 2047-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COUNTY OF FREDERICK MD                                                                   | FX.RT. MUNI BOND     | CUSIP: 355697CF8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $486855.90    | 0.07%             | 2037-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ARIZONA INDUSTRIAL DEVELOPMENT AUTHORITY                                                 | FX.RT. MUNI BOND     | CUSIP: 04052BEX8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1503465.30   | 0.21%             | 2037-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLORADO HEALTH FACILITIES AUTHORITY                                                     | FX.RT. MUNI BOND     | CUSIP: 19648FGK4<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2013405.80   | 0.29%             | 2039-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HARBOR POINT INFRASTRUCTURE IMPROVEMENT DISTRICT                                         | FX.RT. MUNI BOND     | CUSIP: 41154VAK5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2502900.00   | 0.36%             | 2039-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DISTRICT OF COLUMBIA                                                                     | FX.RT. MUNI BOND     | CUSIP: 25483VTR5<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |   3315000 | PA      | $3418232.75   | 0.49%             | 2037-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY                                                | FX.RT. MUNI BOND     | CUSIP: 64577B4K7<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1048498.80   | 0.15%             | 2037-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW HOPE CULTURAL EDUCATION FACILITIES FINANCE CORP                                      | FX.RT. MUNI BOND     | CUSIP: 64542YAK2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1600000 | PA      | $1530229.92   | 0.22%             | 2043-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NEW HOPE CULTURAL EDUCATION FACILITIES FINANCE CORP                                      | FX.RT. MUNI BOND     | CUSIP: 64542YAG1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $750199.38    | 0.11%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CITY OF WICHITA KS                                                                       | FX.RT. MUNI BOND     | CUSIP: 967249QD8<br>LEI: 549300Y20JVN3VP2V718 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $920490.70    | 0.13%             | 2038-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| STATE OF NEVADA DEPARTMENT OF BUSINESS  AND  INDUSTRY                                    | FX.RT. MUNI BOND     | CUSIP: 25490LAG2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $964779.60    | 0.14%             | 2048-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WYANDOTTE COUNTY-KANSAS CITY UNIFIED GOVERNMENT                                          | FX.RT. MUNI BOND     | CUSIP: 982707AA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1175000 | PA      | $1084254.87   | 0.15%             | 2040-06-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| CLEVELAND-CUYAHOGA COUNTY PORT AUTHORITY                                                 | FX.RT. MUNI BOND     | CUSIP: 18610PAU2<br>LEI: 549300KI3FXFLUKF3A98 | Long             | DBT              | MUN               | US        |   1065000 | PA      | $1095045.89   | 0.16%             | 2038-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ILLINOIS FINANCE AUTHORITY                                                               | FX.RT. MUNI BOND     | CUSIP: 45204EVA3<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    650000 | PA      | $677810.06    | 0.10%             | 2034-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CLEVELAND-CUYAHOGA COUNTY PORT AUTHORITY                                                 | FX.RT. MUNI BOND     | CUSIP: 18610PAV0<br>LEI: 549300KI3FXFLUKF3A98 | Long             | DBT              | MUN               | US        |    500000 | PA      | $516042.00    | 0.07%             | 2043-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| PUBLIC FINANCE AUTHORITY                                                                 | FX.RT. MUNI BOND     | CUSIP: 74444VAG5<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1299435.60   | 0.18%             | 2048-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| STATE OF ILLINOIS                                                                        | FX.RT. MUNI BOND     | CUSIP: 4521522R1<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   1025000 | PA      | $1092591.58   | 0.16%             | 2033-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OHIO HIGHER EDUCATIONAL FACILITY COMMISSION                                              | FX.RT. MUNI BOND     | CUSIP: 67756DRV0<br>LEI: 5493007MQT6NGNN6BR81 | Long             | DBT              | MUN               | US        |    750000 | PA      | $720250.05    | 0.10%             | 2048-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CITY OF TEMPLE TX                                                                        | FX.RT. MUNI BOND     | CUSIP: 880157BG6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3561042.10   | 0.51%             | 2038-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS DEVELOPMENT FINANCE AGENCY                                                 | FX.RT. MUNI BOND     | CUSIP: 57584YMJ5<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2067205.80   | 0.29%             | 2046-11-15      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| NASHVILLE METROPOLITAN DEVELOPMENT  AND  HOUSING AGENCY                                  | FX.RT. MUNI BOND     | CUSIP: 591874AB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1278851.63   | 0.18%             | 2036-06-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY                                                | FX.RT. MUNI BOND     | CUSIP: 64577B5F7<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   3910000 | PA      | $4084788.34   | 0.58%             | 2043-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY                                                | FX.RT. MUNI BOND     | CUSIP: 64577B5E0<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2895580.75   | 0.41%             | 2038-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LAKEWOOD RANCH STEWARDSHIP DISTRICT                                                      | FX.RT. MUNI BOND     | CUSIP: 51265KBS6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1271844.25   | 0.18%             | 2039-05-01      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| CITY OF DETROIT MI                                                                       | FX.RT. MUNI BOND     | CUSIP: 2510933Q1<br>LEI: 549300BQRJP7MKKHOY28 | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1438442.60   | 0.20%             | 2036-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CITY OF DETROIT MI                                                                       | FX.RT. MUNI BOND     | CUSIP: 2510933R9<br>LEI: 549300BQRJP7MKKHOY28 | Long             | DBT              | MUN               | US        |    350000 | PA      | $357580.06    | 0.05%             | 2037-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SOUTH CAROLINA JOBS-ECONOMIC DEVELOPMENT AUTHORITY                                       | FX.RT. MUNI BOND     | CUSIP: 83704MAL0<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2054168.60   | 0.29%             | 2039-06-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| CITY OF FOREST LAKE MN                                                                   | FX.RT. MUNI BOND     | CUSIP: 345856AU2<br>LEI: 549300YEG0ZNW83BJB14 | Long             | DBT              | MUN               | US        |    615000 | PA      | $615333.82    | 0.09%             | 2043-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| DALLAS AREA MUNICIPAL AUTHORITY                                                          | FX.RT. MUNI BOND     | CUSIP: 235171AR6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2954111.70   | 0.42%             | 2048-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FINANCE AUTHORITY                                                                 | FX.RT. MUNI BOND     | CUSIP: 74445GAR3<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1008114.70   | 0.14%             | 2053-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FINANCE AUTHORITY                                                                 | FX.RT. MUNI BOND     | CUSIP: 74442PJR7<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   3425000 | PA      | $3527957.90   | 0.50%             | 2043-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CITY OF CHICAGO IL                                                                       | FX.RT. MUNI BOND     | CUSIP: 167486E39<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2080980.40   | 0.30%             | 2049-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CITY OF CHICAGO IL                                                                       | FX.RT. MUNI BOND     | CUSIP: 167486E21<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2009553.60   | 0.29%             | 2044-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DULUTH INDEPENDENT SCHOOL DISTRICT NO 709                                                | FX.RT. MUNI BOND     | CUSIP: 264474JE8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    730000 | PA      | $724826.49    | 0.10%             | 2027-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| DULUTH INDEPENDENT SCHOOL DISTRICT NO 709                                                | FX.RT. MUNI BOND     | CUSIP: 264474JF5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    760000 | PA      | $749330.44    | 0.11%             | 2028-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| DULUTH INDEPENDENT SCHOOL DISTRICT NO 709                                                | FX.RT. MUNI BOND     | CUSIP: 264474JJ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    725000 | PA      | $695759.81    | 0.10%             | 2034-03-01      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| METROPOLITAN GOVERNMENT NASHVILLE  AND  DAVIDSON COUNTY HEALTH  AND  EDUCATIONAL FACS BD | FX.RT. MUNI BOND     | CUSIP: 592029AB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $629378.58    | 0.09%             | 2029-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| METROPOLITAN GOVERNMENT NASHVILLE  AND  DAVIDSON COUNTY HEALTH  AND  EDUCATIONAL FACS BD | FX.RT. MUNI BOND     | CUSIP: 592029AC6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $420433.64    | 0.06%             | 2034-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| METROPOLITAN GOVERNMENT NASHVILLE  AND  DAVIDSON COUNTY HEALTH  AND  EDUCATIONAL FACS BD | FX.RT. MUNI BOND     | CUSIP: 592029AD4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    800000 | PA      | $818222.88    | 0.12%             | 2039-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| METROPOLITAN GOVERNMENT NASHVILLE  AND  DAVIDSON COUNTY HEALTH  AND  EDUCATIONAL FACS BD | FX.RT. MUNI BOND     | CUSIP: 592029AE2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1800000 | PA      | $1819395.54   | 0.26%             | 2048-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FINANCE AUTHORITY                                                                 | FX.RT. MUNI BOND     | CUSIP: 74442EEF3<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    410000 | PA      | $397933.33    | 0.06%             | 2039-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FINANCE AUTHORITY                                                                 | FX.RT. MUNI BOND     | CUSIP: 74442EEG1<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1040000 | PA      | $961200.03    | 0.14%             | 2049-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FINANCE AUTHORITY                                                                 | FX.RT. MUNI BOND     | CUSIP: 74442EEH9<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    455000 | PA      | $414217.62    | 0.06%             | 2054-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LANCASTER COUNTY HOSPITAL AUTHORITY/PA                                                   | FX.RT. MUNI BOND     | CUSIP: 51404PAK5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4705000 | PA      | $4258137.45   | 0.61%             | 2049-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CITY OF NORTH LAS VEGAS NV                                                               | FX.RT. MUNI BOND     | CUSIP: 66041HGX6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    675000 | PA      | $652562.33    | 0.09%             | 2039-06-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| LEE COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY/FL                                           | FX.RT. MUNI BOND     | CUSIP: 52349EDV9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $759846.68    | 0.11%             | 2039-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KANSAS CITY INDUSTRIAL DEVELOPMENT AUTHORITY                                             | FX.RT. MUNI BOND     | CUSIP: 48504NBC2<br>LEI: 549300QWDXL46XQC8110 | Long             | DBT              | MUN               | US        |   3060000 | PA      | $3183674.18   | 0.45%             | 2046-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COUNTY OF PALM BEACH FL                                                                  | FX.RT. MUNI BOND     | CUSIP: 696547GJ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $488587.00    | 0.07%             | 2039-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FLORIDA HIGHER EDUCATIONAL FACILITIES FINANCIAL AUTHORITY                                | FX.RT. MUNI BOND     | CUSIP: 34073TLN5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3237815.35   | 0.46%             | 2044-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FLORIDA HIGHER EDUCATIONAL FACILITIES FINANCIAL AUTHORITY                                | FX.RT. MUNI BOND     | CUSIP: 34073TLP0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3930000 | PA      | $3558617.36   | 0.51%             | 2049-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TRAILS AT CROWFOOT METROPOLITAN DISTRICT NO 3                                            | FX.RT. MUNI BOND     | CUSIP: 89286RAC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1855153.80   | 0.26%             | 2049-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PINELLAS COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY                                         | FX.RT. MUNI BOND     | CUSIP: 72316VAT6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2770000 | PA      | $2768617.22   | 0.39%             | 2039-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LANCASTER INDUSTRIAL DEVELOPMENT AUTHORITY                                               | FX.RT. MUNI BOND     | CUSIP: 514349CW7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1850000 | PA      | $1946222.57   | 0.28%             | 2044-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LANCASTER INDUSTRIAL DEVELOPMENT AUTHORITY                                               | FX.RT. MUNI BOND     | CUSIP: 514349CX5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1150000 | PA      | $1133423.67   | 0.16%             | 2044-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| LANCASTER INDUSTRIAL DEVELOPMENT AUTHORITY                                               | FX.RT. MUNI BOND     | CUSIP: 514349CY3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2300000 | PA      | $2402227.64   | 0.34%             | 2049-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FINANCE AUTHORITY                                                                 | FX.RT. MUNI BOND     | CUSIP: 74446CAB6<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1962212.60   | 0.28%             | 2049-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TEXAS PRIVATE ACTIVITY BOND SURFACE TRANSPORTATION CORP                                  | FX.RT. MUNI BOND     | CUSIP: 882667AN8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4500000 | PA      | $4561337.70   | 0.65%             | 2058-06-30      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO SALES TAX FINANCING CORP SALES TAX REVENUE                                   | FX.RT. MUNI BOND     | CUSIP: 74529JRK3<br>LEI: N/A                  | Long             | DBT              | MUN               | PR        |     17000 | PA      | $15648.66     | 0.00%             | 2053-07-01      | Fixed         | 4.54%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO SALES TAX FINANCING CORP SALES TAX REVENUE                                   | FX.RT. MUNI BOND     | CUSIP: 74529JRL1<br>LEI: N/A                  | Long             | DBT              | MUN               | PR        |    240000 | PA      | $229509.72    | 0.03%             | 2058-07-01      | Fixed         | 4.78%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO SALES TAX FINANCING CORP SALES TAX REVENUE                                   | FX.RT. MUNI BOND     | CUSIP: 74529JRH0<br>LEI: N/A                  | Long             | DBT              | MUN               | PR        |    600000 | PA      | $575893.56    | 0.08%             | 2040-07-01      | Fixed         | 4.33%                 | No            |                  2 | On Loan: No      |
| WARM SPRINGS RESERVATION CONFEDERATED TRIBE                                              | FX.RT. MUNI BOND     | CUSIP: 934312AL3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    360000 | PA      | $407827.37    | 0.06%             | 2032-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WARM SPRINGS RESERVATION CONFEDERATED TRIBE                                              | FX.RT. MUNI BOND     | CUSIP: 934312AQ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $767554.27    | 0.11%             | 2039-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHATTANOOGA HEALTH EDUCATIONAL  AND  HOUSING FACILITY BOARD                              | FX.RT. MUNI BOND     | CUSIP: 162410EM2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    850000 | PA      | $819055.16    | 0.12%             | 2044-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CHATTANOOGA HEALTH EDUCATIONAL  AND  HOUSING FACILITY BOARD                              | FX.RT. MUNI BOND     | CUSIP: 162410FE9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    425000 | PA      | $442680.21    | 0.06%             | 2044-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHATTANOOGA HEALTH EDUCATIONAL  AND  HOUSING FACILITY BOARD                              | FX.RT. MUNI BOND     | CUSIP: 162410FF6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    725000 | PA      | $747151.51    | 0.11%             | 2049-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHATTANOOGA HEALTH EDUCATIONAL  AND  HOUSING FACILITY BOARD                              | FX.RT. MUNI BOND     | CUSIP: 162410EJ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    425000 | PA      | $424776.36    | 0.06%             | 2037-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CHATTANOOGA HEALTH EDUCATIONAL  AND  HOUSING FACILITY BOARD                              | FX.RT. MUNI BOND     | CUSIP: 162410EK6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    425000 | PA      | $423231.70    | 0.06%             | 2038-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MICHIGAN STRATEGIC FUND                                                                  | FX.RT. MUNI BOND     | CUSIP: 594698RM6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $498041.75    | 0.07%             | 2043-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MICHIGAN STRATEGIC FUND                                                                  | FX.RT. MUNI BOND     | CUSIP: 594698RL8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1016026.60   | 0.14%             | 2034-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLORADO HEALTH FACILITIES AUTHORITY                                                     | FX.RT. MUNI BOND     | CUSIP: 19648FLZ5<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |    550000 | PA      | $442559.98    | 0.06%             | 2038-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ALASKA INDUSTRIAL DEVELOPMENT  AND  EXPORT AUTHORITY                                     | FX.RT. MUNI BOND     | CUSIP: 011903GL9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8500000 | PA      | $8184570.10   | 1.16%             | 2049-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MUNICIPAL ELECTRIC AUTHORITY OF GEORGIA                                                  | FX.RT. MUNI BOND     | CUSIP: 626207Z64<br>LEI: JA0WNILDDF2KUPS83B16 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2805176.70   | 0.40%             | 2059-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| HICKORY CHASE COMMUNITY AUTHORITY                                                        | FX.RT. MUNI BOND     | CUSIP: 428861AD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1425000 | PA      | $1319234.08   | 0.19%             | 2040-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CITY OF SANTA FE NM                                                                      | FX.RT. MUNI BOND     | CUSIP: 802170AQ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1019776.44   | 0.14%             | 2049-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CITY OF BRUNSWICK MD                                                                     | FX.RT. MUNI BOND     | CUSIP: 117250AE0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    999000 | PA      | $1019998.38   | 0.14%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UTAH INFRASTRUCTURE AGENCY                                                               | FX.RT. MUNI BOND     | CUSIP: 917467BK7<br>LEI: 549300WD2FDRNXU16V82 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $899120.20    | 0.13%             | 2036-10-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| UTAH INFRASTRUCTURE AGENCY                                                               | FX.RT. MUNI BOND     | CUSIP: 917467BM3<br>LEI: 549300WD2FDRNXU16V82 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1262570.70   | 0.18%             | 2042-10-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CUMBERLAND COUNTY MUNICIPAL AUTHORITY                                                    | FX.RT. MUNI BOND     | CUSIP: 230614PN3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $903716.20    | 0.13%             | 2045-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLLEGIATE CHARTER SCHOOL OF LOWELL                                                      | FX.RT. MUNI BOND     | CUSIP: 547649AC7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2290000 | PA      | $2192863.70   | 0.31%             | 2049-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PORT AUTHORITY OF NEW YORK  AND  NEW JERSEY                                              | FX.RT. MUNI BOND     | CUSIP: 73358W4C5<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |   4485000 | PA      | $4708891.65   | 0.67%             | 2049-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| METROPOLITAN WASHINGTON AIRPORTS AUTHORITY DULLES TOLL ROAD REVENUE                      | FX.RT. MUNI BOND     | CUSIP: 592643DD9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1940000 | PA      | $1895811.26   | 0.27%             | 2044-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| METROPOLITAN WASHINGTON AIRPORTS AUTHORITY DULLES TOLL ROAD REVENUE                      | FX.RT. MUNI BOND     | CUSIP: 592643DJ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1935000 | PA      | $1814806.70   | 0.26%             | 2053-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NORTH CAROLINA MEDICAL CARE COMMISSION                                                   | FX.RT. MUNI BOND     | CUSIP: 65820YQK5<br>LEI: 549300FH6KOXGCHQYG81 | Long             | DBT              | MUN               | US        |   2970000 | PA      | $2919037.47   | 0.41%             | 2049-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DISTRICT OF COLUMBIA                                                                     | FX.RT. MUNI BOND     | CUSIP: 25483VWD2<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $855114.20    | 0.12%             | 2049-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| DISTRICT OF COLUMBIA                                                                     | FX.RT. MUNI BOND     | CUSIP: 25483VWC4<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |    250000 | PA      | $221566.18    | 0.03%             | 2044-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK STATE DORMITORY AUTHORITY                                                       | FX.RT. MUNI BOND     | CUSIP: 64990FPU2<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10995288.00  | 1.56%             | 2041-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SOUTH CAROLINA JOBS-ECONOMIC DEVELOPMENT AUTHORITY                                       | FX.RT. MUNI BOND     | CUSIP: 837031ZL0<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $881766.40    | 0.13%             | 2054-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SOUTH CAROLINA JOBS-ECONOMIC DEVELOPMENT AUTHORITY                                       | FX.RT. MUNI BOND     | CUSIP: 837031ZK2<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |    585000 | PA      | $547269.72    | 0.08%             | 2042-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CITY OF CHICAGO IL                                                                       | FX.RT. MUNI BOND     | CUSIP: 167486G52<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1501584.98   | 0.21%             | 2031-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CITY OF CHICAGO IL                                                                       | FX.RT. MUNI BOND     | CUSIP: 167486G45<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |   2600000 | PA      | $2793970.14   | 0.40%             | 2030-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FINANCE AUTHORITY                                                                 | FX.RT. MUNI BOND     | CUSIP: 74439YCV1<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1900000 | PA      | $1865644.01   | 0.27%             | 2044-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FINANCE AUTHORITY                                                                 | FX.RT. MUNI BOND     | CUSIP: 74439YDS7<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $904170.40    | 0.13%             | 2055-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FINANCE AUTHORITY                                                                 | FX.RT. MUNI BOND     | CUSIP: 74439YDT5<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1350000 | PA      | $1206703.04   | 0.17%             | 2059-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FINANCE AUTHORITY                                                                 | FX.RT. MUNI BOND     | CUSIP: 74442PPE9<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1800000 | PA      | $1700558.64   | 0.24%             | 2050-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BUCKEYE TOBACCO SETTLEMENT FINANCING AUTHORITY                                           | FX.RT. MUNI BOND     | CUSIP: 118217CZ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9770000 | PA      | $9330385.17   | 1.33%             | 2055-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NORTHERN ILLINOIS UNIVERSITY                                                             | FX.RT. MUNI BOND     | CUSIP: 665245YT7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    625000 | PA      | $604756.75    | 0.09%             | 2041-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NORTHERN ILLINOIS UNIVERSITY                                                             | FX.RT. MUNI BOND     | CUSIP: 665245YQ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $599542.74    | 0.09%             | 2038-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NORTHERN ILLINOIS UNIVERSITY                                                             | FX.RT. MUNI BOND     | CUSIP: 665245YP5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $602438.52    | 0.09%             | 2037-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NORTHERN ILLINOIS UNIVERSITY                                                             | FX.RT. MUNI BOND     | CUSIP: 665245YL4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    650000 | PA      | $713559.41    | 0.10%             | 2034-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NORTHERN ILLINOIS UNIVERSITY                                                             | FX.RT. MUNI BOND     | CUSIP: 665245YF7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $441550.72    | 0.06%             | 2029-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BUCKEYE TOBACCO SETTLEMENT FINANCING AUTHORITY                                           | FX.RT. MUNI BOND     | CUSIP: 118217CW6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4870000 | PA      | $3711180.58   | 0.53%             | 2048-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| DAVIS JOINT UNIFIED SCHOOL DISTRICT                                                      | FX.RT. MUNI BOND     | CUSIP: 238848EA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3140000 | PA      | $2858652.23   | 0.41%             | 2038-08-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CLACKAMAS COUNTY HOSPITAL FACILITY AUTHORITY                                             | FX.RT. MUNI BOND     | CUSIP: 179027YN1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $930969.40    | 0.13%             | 2055-11-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| CAPITAL TRUST AGENCY/FL                                                                  | FX.RT. MUNI BOND     | CUSIP: 14052WDK0<br>LEI: 549300F49UWS7X0OGQ59 | Long             | DBT              | MUN               | US        |   3800000 | PA      | $3164537.78   | 0.45%             | 2055-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| RAINDANCE METROPOLITAN DISTRICT NO 1 NON-POTABLE WATER SYSTEM REVENUE                    | FX.RT. MUNI BOND     | CUSIP: 75087GAA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    625000 | PA      | $592448.75    | 0.08%             | 2040-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| RAINDANCE METROPOLITAN DISTRICT NO 1 NON-POTABLE WATER SYSTEM REVENUE                    | FX.RT. MUNI BOND     | CUSIP: 75087GAB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1375000 | PA      | $1267865.09   | 0.18%             | 2050-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CAPITAL TRUST AGENCY/FL                                                                  | FX.RT. MUNI BOND     | CUSIP: 14054CDE6<br>LEI: 549300F49UWS7X0OGQ59 | Long             | DBT              | MUN               | US        |    300000 | PA      | $309902.61    | 0.04%             | 2040-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CAPITAL TRUST AGENCY/FL                                                                  | FX.RT. MUNI BOND     | CUSIP: 14054CDF3<br>LEI: 549300F49UWS7X0OGQ59 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1011882.10   | 0.14%             | 2055-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MIDA MOUNTAIN VILLAGE PUBLIC INFRASTRUCTURE DISTRICT                                     | FX.RT. MUNI BOND     | CUSIP: 59561TAC7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1827736.40   | 0.26%             | 2050-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| VILLAGE METROPOLITAN DISTRICT/THE                                                        | FX.RT. MUNI BOND     | CUSIP: 92708CAB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $977434.00    | 0.14%             | 2040-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| VILLAGE METROPOLITAN DISTRICT/THE                                                        | FX.RT. MUNI BOND     | CUSIP: 92708CAC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1193100.25   | 0.17%             | 2049-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NORTH CAROLINA MEDICAL CARE COMMISSION                                                   | FX.RT. MUNI BOND     | CUSIP: 65820YRS7<br>LEI: 549300FH6KOXGCHQYG81 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1395932.25   | 0.20%             | 2050-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HASTINGS CAMPUS HOUSING FINANCE AUTHORITY                                                | FX.RT. MUNI BOND     | CUSIP: 418338AB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2062348.50   | 0.29%             | 2061-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK TRANSPORTATION DEVELOPMENT CORP                                                 | FX.RT. MUNI BOND     | CUSIP: 650116CZ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2047162.00   | 0.29%             | 2040-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| VILLAGE COMMUNITY DEVELOPMENT DISTRICT NO 13                                             | FX.RT. MUNI BOND     | CUSIP: 92708HAK0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3885000 | PA      | $2880157.18   | 0.41%             | 2051-05-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| HOUSING  AND  REDEVELOPMENT AUTHORITY OF THE CITY OF ST PAUL MINNESOTA                   | FX.RT. MUNI BOND     | CUSIP: 852297DB3<br>LEI: 549300FQCUW4VH929113 | Long             | DBT              | MUN               | US        |   2750000 | PA      | $2531733.05   | 0.36%             | 2055-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NORTH CAROLINA MEDICAL CARE COMMISSION                                                   | FX.RT. MUNI BOND     | CUSIP: 65821DXT3<br>LEI: 549300FH6KOXGCHQYG81 | Long             | DBT              | MUN               | US        |   1350000 | PA      | $1105137.14   | 0.16%             | 2050-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| COUNTY OF LAKE FL                                                                        | FX.RT. MUNI BOND     | CUSIP: 50826FAD5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1543387.30   | 0.22%             | 2055-08-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| PORT OF PORTLAND OR AIRPORT REVENUE                                                      | FX.RT. MUNI BOND     | CUSIP: 735240Y23<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  15710000 | PA      | $15081735.11  | 2.14%             | 2050-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CAPITAL PROJECTS FINANCE AUTHORITY/FL                                                    | FX.RT. MUNI BOND     | CUSIP: 140427BP9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2052354.40   | 0.29%             | 2033-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LAKEWOOD RANCH STEWARDSHIP DISTRICT                                                      | FX.RT. MUNI BOND     | CUSIP: 51265KEN4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $402071.50    | 0.06%             | 2050-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| KANSAS CITY INDUSTRIAL DEVELOPMENT AUTHORITY                                             | FX.RT. MUNI BOND     | CUSIP: 48504NCK3<br>LEI: 549300QWDXL46XQC8110 | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1221841.92   | 0.17%             | 2057-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| COLORADO HEALTH FACILITIES AUTHORITY                                                     | FX.RT. MUNI BOND     | CUSIP: 19648FRW6<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   1700000 | PA      | $1450884.38   | 0.21%             | 2050-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| COLORADO HEALTH FACILITIES AUTHORITY                                                     | FX.RT. MUNI BOND     | CUSIP: 19648FRV8<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1810347.60   | 0.26%             | 2040-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| DISTRICT OF COLUMBIA                                                                     | FX.RT. MUNI BOND     | CUSIP: 25483VXU3<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |   2750000 | PA      | $2727782.48   | 0.39%             | 2040-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PHILADELPHIA AUTHORITY FOR INDUSTRIAL DEVELOPMENT                                        | FX.RT. MUNI BOND     | CUSIP: 71780CBA7<br>LEI: 549300DIY68KQZEW7M79 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $962443.40    | 0.14%             | 2050-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW HAMPSHIRE BUSINESS FINANCE AUTHORITY                                                 | FX.RT. MUNI BOND     | CUSIP: 63607YAN0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3495000 | PA      | $2996345.28   | 0.43%             | 2055-08-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| NEW HAMPSHIRE BUSINESS FINANCE AUTHORITY                                                 | FX.RT. MUNI BOND     | CUSIP: 63607YAL4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1475000 | PA      | $1293992.43   | 0.18%             | 2040-08-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| NEW HAMPSHIRE BUSINESS FINANCE AUTHORITY                                                 | FX.RT. MUNI BOND     | CUSIP: 63607YAM2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1650000 | PA      | $1410601.83   | 0.20%             | 2046-08-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| MARYLAND ECONOMIC DEVELOPMENT CORP                                                       | FX.RT. MUNI BOND     | CUSIP: 57422FAF3<br>LEI: 549300JJ16DDBSZWSN94 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1049196.88   | 0.15%             | 2050-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CSCDA COMMUNITY IMPROVEMENT AUTHORITY                                                    | FX.RT. MUNI BOND     | CUSIP: 126292AD3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4900000 | PA      | $4228190.40   | 0.60%             | 2056-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| DISTRICT OF COLUMBIA                                                                     | FX.RT. MUNI BOND     | CUSIP: 25483VYC2<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |    700000 | PA      | $647401.79    | 0.09%             | 2061-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CITY OF SACRAMENTO CA                                                                    | FX.RT. MUNI BOND     | CUSIP: 786071RB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $654467.25    | 0.09%             | 2046-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CITY OF SACRAMENTO CA                                                                    | FX.RT. MUNI BOND     | CUSIP: 786071RC6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $512460.96    | 0.07%             | 2050-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CSCDA COMMUNITY IMPROVEMENT AUTHORITY                                                    | FX.RT. MUNI BOND     | CUSIP: 126292AE1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1570000 | PA      | $1372585.37   | 0.20%             | 2041-08-01      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| WASHINGTON STATE HOUSING FINANCE COMMISSION                                              | FX.RT. MUNI BOND     | CUSIP: 93978LGF7<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |   2235000 | PA      | $1900358.59   | 0.27%             | 2040-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| WASHINGTON STATE HOUSING FINANCE COMMISSION                                              | FX.RT. MUNI BOND     | CUSIP: 93978LGG5<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |    500000 | PA      | $476477.80    | 0.07%             | 2050-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA HOUSING FINANCE AGENCY                                                        | FX.RT. MUNI BOND     | CUSIP: 13033DAE5<br>LEI: 549300BOPCVLBA552Z14 | Long             | DBT              | MUN               | US        |   2846419 | PA      | $2760000.73   | 0.39%             | 2035-11-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| CMFA SPECIAL FINANCE AGENCY I                                                            | FX.RT. MUNI BOND     | CUSIP: 12574TAB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $1998125.50   | 0.28%             | 2056-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| HOUSTON HIGHER EDUCATION FINANCE CORP                                                    | FX.RT. MUNI BOND     | CUSIP: 44237QAG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2100000 | PA      | $1780918.02   | 0.25%             | 2051-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| GEORGE L SMITH II CONGRESS CENTER AUTHORITY                                              | FX.RT. MUNI BOND     | CUSIP: 37255MAE5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1430000 | PA      | $1338149.38   | 0.19%             | 2036-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GEORGE L SMITH II CONGRESS CENTER AUTHORITY                                              | FX.RT. MUNI BOND     | CUSIP: 37255MAF2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2470000 | PA      | $2038166.44   | 0.29%             | 2054-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA COMMUNITY HOUSING AGENCY                                                      | FX.RT. MUNI BOND     | CUSIP: 13013FAR5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3275000 | PA      | $2892539.93   | 0.41%             | 2056-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| COUNTY OF PALM BEACH FL                                                                  | FX.RT. MUNI BOND     | CUSIP: 696547HN1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1045000 | PA      | $932354.64    | 0.13%             | 2057-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ARLINGTON HIGHER EDUCATION FINANCE CORP                                                  | FX.RT. MUNI BOND     | CUSIP: 041806L57<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    335000 | PA      | $296273.33    | 0.04%             | 2036-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ARLINGTON HIGHER EDUCATION FINANCE CORP                                                  | FX.RT. MUNI BOND     | CUSIP: 041806L73<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    850000 | PA      | $684734.59    | 0.10%             | 2046-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| WASHINGTON STATE HOUSING FINANCE COMMISSION                                              | FX.RT. MUNI BOND     | CUSIP: 93978TS59<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |   3669497 | PA      | $3460796.56   | 0.49%             | 2035-12-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| PLAZA AT NOAH'S ARK COMMUNITY IMPROVEMENT DISTRICT                                       | FX.RT. MUNI BOND     | CUSIP: 72813LAM1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    725000 | PA      | $662016.79    | 0.09%             | 2030-05-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| PLAZA AT NOAH'S ARK COMMUNITY IMPROVEMENT DISTRICT                                       | FX.RT. MUNI BOND     | CUSIP: 72813LAN9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $424791.95    | 0.06%             | 2035-05-01      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA PUBLIC FINANCE AUTHORITY                                                      | FX.RT. MUNI BOND     | CUSIP: 13057GAA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $728127.45    | 0.10%             | 2036-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA PUBLIC FINANCE AUTHORITY                                                      | FX.RT. MUNI BOND     | CUSIP: 13057GAC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1329057.75   | 0.19%             | 2051-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NORTH CAROLINA MEDICAL CARE COMMISSION                                                   | FX.RT. MUNI BOND     | CUSIP: 65821DYQ8<br>LEI: 549300FH6KOXGCHQYG81 | Long             | DBT              | MUN               | US        |    790000 | PA      | $737081.85    | 0.10%             | 2030-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NORTH CAROLINA MEDICAL CARE COMMISSION                                                   | FX.RT. MUNI BOND     | CUSIP: 65821DYR6<br>LEI: 549300FH6KOXGCHQYG81 | Long             | DBT              | MUN               | US        |    825000 | PA      | $758277.38    | 0.11%             | 2031-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NORTH CAROLINA MEDICAL CARE COMMISSION                                                   | FX.RT. MUNI BOND     | CUSIP: 65821DYT2<br>LEI: 549300FH6KOXGCHQYG81 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $1996994.50   | 0.28%             | 2042-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CSCDA COMMUNITY IMPROVEMENT AUTHORITY                                                    | FX.RT. MUNI BOND     | CUSIP: 126292AS0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1519104.00   | 0.22%             | 2056-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FINANCE AUTHORITY                                                                 | FX.RT. MUNI BOND     | CUSIP: 74442PRN7<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   2145000 | PA      | $1767355.80   | 0.25%             | 2056-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK TRANSPORTATION DEVELOPMENT CORP                                                 | FX.RT. MUNI BOND     | CUSIP: 650116EZ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1150000 | PA      | $1063430.42   | 0.15%             | 2031-08-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| ST JOHNS COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY                                         | FX.RT. MUNI BOND     | CUSIP: 79041LAN8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $606724.80    | 0.09%             | 2041-12-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ST JOHNS COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY                                         | FX.RT. MUNI BOND     | CUSIP: 79041LAM0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $346510.92    | 0.05%             | 2036-12-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ST JOHNS COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY                                         | FX.RT. MUNI BOND     | CUSIP: 79041LAQ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $559503.08    | 0.08%             | 2050-12-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FINANCE AUTHORITY                                                               | FX.RT. MUNI BOND     | CUSIP: 594479GQ4<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1741790.00   | 0.25%             | 2046-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FARMS NEW KENT COMMUNITY DEVELOPMENT AUTHORITY                                           | FX.RT. MUNI BOND     | CUSIP: 311551AD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1370000 | PA      | $1306540.37   | 0.19%             | 2036-03-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| NEW HOPE CULTURAL EDUCATION FACILITIES FINANCE CORP                                      | FX.RT. MUNI BOND     | CUSIP: 64542UFN9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1450000 | PA      | $1105271.06   | 0.16%             | 2055-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| COLORADO HEALTH FACILITIES AUTHORITY                                                     | FX.RT. MUNI BOND     | CUSIP: 19648FSV7<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $764319.80    | 0.11%             | 2042-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CITY OF PALM DESERT CA                                                                   | FX.RT. MUNI BOND     | CUSIP: 696627ES3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    650000 | PA      | $588948.69    | 0.08%             | 2051-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA COMMUNITY HOUSING AGENCY                                                      | FX.RT. MUNI BOND     | CUSIP: 13013FAV6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4890000 | PA      | $4152345.95   | 0.59%             | 2046-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| UPTOWN DEVELOPMENT AUTHORITY                                                             | FX.RT. MUNI BOND     | CUSIP: 916856HR1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $617816.63    | 0.09%             | 2038-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| UPTOWN DEVELOPMENT AUTHORITY                                                             | FX.RT. MUNI BOND     | CUSIP: 916856HS9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    550000 | PA      | $444893.13    | 0.06%             | 2039-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| UPTOWN DEVELOPMENT AUTHORITY                                                             | FX.RT. MUNI BOND     | CUSIP: 916856HT7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    605000 | PA      | $480558.09    | 0.07%             | 2040-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| UPTOWN DEVELOPMENT AUTHORITY                                                             | FX.RT. MUNI BOND     | CUSIP: 916856HQ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    650000 | PA      | $544074.31    | 0.08%             | 2037-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| UPTOWN DEVELOPMENT AUTHORITY                                                             | FX.RT. MUNI BOND     | CUSIP: 916856HP5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    650000 | PA      | $555540.64    | 0.08%             | 2036-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| SOUTH CAROLINA JOBS-ECONOMIC DEVELOPMENT AUTHORITY                                       | FX.RT. MUNI BOND     | CUSIP: 83704MBV7<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |   1530000 | PA      | $1107940.32   | 0.16%             | 2056-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SOUTH CAROLINA JOBS-ECONOMIC DEVELOPMENT AUTHORITY                                       | FX.RT. MUNI BOND     | CUSIP: 83704MBT2<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $875916.10    | 0.12%             | 2036-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CITY OF LAS VEGAS NV SPECIAL IMPROVEMENT DISTRICT NO 816                                 | FX.RT. MUNI BOND     | CUSIP: 51779AAP4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1300000 | PA      | $904638.28    | 0.13%             | 2046-06-01      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| CSCDA COMMUNITY IMPROVEMENT AUTHORITY                                                    | FX.RT. MUNI BOND     | CUSIP: 126292AW1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5500000 | PA      | $3920644.75   | 0.56%             | 2057-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| ARIZONA INDUSTRIAL DEVELOPMENT AUTHORITY                                                 | FX.RT. MUNI BOND     | CUSIP: 04052BQV9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1708145.60   | 0.24%             | 2051-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT STATE HEALTH  AND  EDUCATIONAL FACILITIES AUTHORITY                          | FX.RT. MUNI BOND     | CUSIP: 20775DPJ5<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |    865000 | PA      | $842003.63    | 0.12%             | 2038-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT STATE HEALTH  AND  EDUCATIONAL FACILITIES AUTHORITY                          | FX.RT. MUNI BOND     | CUSIP: 20775DPN6<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1867896.40   | 0.27%             | 2042-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK LIBERTY DEVELOPMENT CORP                                                        | FX.RT. MUNI BOND     | CUSIP: 649519DW2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8675000 | PA      | $6470770.12   | 0.92%             | 2051-11-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| WINDLER PUBLIC IMPROVEMENT AUTHORITY                                                     | FX.RT. MUNI BOND     | CUSIP: 973405AD5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1419780.20   | 0.20%             | 2051-12-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| JAMES CITY COUNTY ECONOMIC DEVELOPMENT AUTHORITY                                         | FX.RT. MUNI BOND     | CUSIP: 47029WED5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1498918.00   | 0.21%             | 2050-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FLORIDA DEVELOPMENT FINANCE CORP                                                         | FX.RT. MUNI BOND     | CUSIP: 34061UHZ4<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $795296.90    | 0.11%             | 2051-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| RAMPART RANGE METROPOLITAN DISTRICT NO 5                                                 | FX.RT. MUNI BOND     | CUSIP: 75157WAC6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1431112.80   | 0.20%             | 2051-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FINANCE AUTHORITY                                                                 | FX.RT. MUNI BOND     | CUSIP: 74445QDW7<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   3500000 | PA      | $2801877.75   | 0.40%             | 2051-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SUFFOLK TOBACCO ASSET SECURITIZATION CORP                                                | FX.RT. MUNI BOND     | CUSIP: 864809CA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1700000 | PA      | $1552025.88   | 0.22%             | 2050-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| WISCONSIN HEALTH  AND  EDUCATIONAL FACILITIES AUTHORITY                                  | FX.RT. MUNI BOND     | CUSIP: 97712JCV3<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |    935000 | PA      | $886548.39    | 0.13%             | 2030-09-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| WISCONSIN HEALTH  AND  EDUCATIONAL FACILITIES AUTHORITY                                  | FX.RT. MUNI BOND     | CUSIP: 97712JCJ0<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |    970000 | PA      | $908526.64    | 0.13%             | 2031-09-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| WISCONSIN HEALTH  AND  EDUCATIONAL FACILITIES AUTHORITY                                  | FX.RT. MUNI BOND     | CUSIP: 97712JCK7<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |    790000 | PA      | $705388.79    | 0.10%             | 2036-09-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ARIZONA INDUSTRIAL DEVELOPMENT AUTHORITY                                                 | FX.RT. MUNI BOND     | CUSIP: 04052FCT0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $901321.80    | 0.13%             | 2051-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| VILLAGE COMMUNITY DEVELOPMENT DISTRICT NO 13                                             | FX.RT. MUNI BOND     | CUSIP: 92708HAQ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1048816.95   | 0.15%             | 2052-05-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| CITY OF HOUSTON TX AIRPORT SYSTEM REVENUE                                                | FX.RT. MUNI BOND     | CUSIP: 442349FZ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3750000 | PA      | $3380156.25   | 0.48%             | 2041-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MONTANA FACILITY FINANCE AUTHORITY                                                       | FX.RT. MUNI BOND     | CUSIP: 61204KNW7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1306283.25   | 0.19%             | 2036-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MONTANA FACILITY FINANCE AUTHORITY                                                       | FX.RT. MUNI BOND     | CUSIP: 61204KNX5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1296449.13   | 0.18%             | 2037-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MONTANA FACILITY FINANCE AUTHORITY                                                       | FX.RT. MUNI BOND     | CUSIP: 61204KNQ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1275000 | PA      | $1486808.74   | 0.21%             | 2030-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MONTANA FACILITY FINANCE AUTHORITY                                                       | FX.RT. MUNI BOND     | CUSIP: 61204KNT4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1308642.17   | 0.19%             | 2033-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CITY OF BELLEVUE WA                                                                      | FX.RT. MUNI BOND     | CUSIP: 0793655F5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    885000 | PA      | $927524.78    | 0.13%             | 2037-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FINANCE AUTHORITY                                                                 | FX.RT. MUNI BOND     | CUSIP: 74439YDX6<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1054921.84   | 0.15%             | 2061-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CITY OF CHICAGO IL                                                                       | FX.RT. MUNI BOND     | CUSIP: 167486M55<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |   3150000 | PA      | $3062831.00   | 0.44%             | 2036-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| WILKES-BARRE FINANCE AUTHORITY                                                           | FX.RT. MUNI BOND     | CUSIP: 968254CB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1165000 | PA      | $1017019.14   | 0.14%             | 2042-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| WISCONSIN HEALTH  AND  EDUCATIONAL FACILITIES AUTHORITY                                  | FX.RT. MUNI BOND     | CUSIP: 97712JEE9<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   1350000 | PA      | $974174.31    | 0.14%             | 2057-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CITY OF CHICAGO IL                                                                       | FX.RT. MUNI BOND     | CUSIP: 167486K65<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |   7553000 | PA      | $7103186.37   | 1.01%             | 2038-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY TRANSPORTATION TRUST FUND AUTHORITY                                           | FX.RT. MUNI BOND     | CUSIP: 64613CBC1<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |    575000 | PA      | $656004.91    | 0.09%             | 2034-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CLIFTON HIGHER EDUCATION FINANCE CORP                                                    | FX.RT. MUNI BOND     | CUSIP: 187145PG6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3095000 | PA      | $2888504.08   | 0.41%             | 2051-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CLIFTON HIGHER EDUCATION FINANCE CORP                                                    | FX.RT. MUNI BOND     | CUSIP: 187145PF8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4275000 | PA      | $4053145.03   | 0.58%             | 2047-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ORANGE COUNTY HEALTH FACILITIES AUTHORITY                                                | FX.RT. MUNI BOND     | CUSIP: 68450LGQ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3301705.40   | 0.47%             | 2052-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MARICOPA COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY                                         | FX.RT. MUNI BOND     | CUSIP: 56678TAA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1550000 | PA      | $1315812.36   | 0.19%             | 2047-10-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CITY OF CHICAGO IL SPECIAL ASSESSMENT REVENUE                                            | FX.RT. MUNI BOND     | CUSIP: 167686AJ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    255000 | PA      | $236319.31    | 0.03%             | 2027-12-01      | Fixed         | 2.87%                 | No            |                  2 | On Loan: No      |
| CITY OF CHICAGO IL SPECIAL ASSESSMENT REVENUE                                            | FX.RT. MUNI BOND     | CUSIP: 167686AP9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $267101.10    | 0.04%             | 2032-12-01      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| CITY OF CHICAGO IL SPECIAL ASSESSMENT REVENUE                                            | FX.RT. MUNI BOND     | CUSIP: 167686AM6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $315470.61    | 0.04%             | 2030-12-01      | Fixed         | 3.29%                 | No            |                  2 | On Loan: No      |
| CITY OF CHICAGO IL SPECIAL ASSESSMENT REVENUE                                            | FX.RT. MUNI BOND     | CUSIP: 167686AL8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    325000 | PA      | $294667.85    | 0.04%             | 2029-12-01      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| PUBLIC FINANCE AUTHORITY                                                                 | FX.RT. MUNI BOND     | CUSIP: 74447DAG2<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1985283.80   | 0.28%             | 2062-02-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FINANCE AUTHORITY                                                                 | FX.RT. MUNI BOND     | CUSIP: 74447DAD9<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $3841592.80   | 0.55%             | 2062-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DISTRICT OF COLUMBIA                                                                     | FX.RT. MUNI BOND     | CUSIP: 25483VZZ0<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |   3755000 | PA      | $4252927.27   | 0.60%             | 2034-08-31      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| PUBLIC FINANCE AUTHORITY                                                                 | FX.RT. MUNI BOND     | CUSIP: 74443DHG9<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3104068.80   | 0.44%             | 2042-03-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| UTAH INFRASTRUCTURE AGENCY                                                               | FX.RT. MUNI BOND     | CUSIP: 917467CG5<br>LEI: 549300WD2FDRNXU16V82 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1047787.30   | 0.15%             | 2032-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OHIO HIGHER EDUCATIONAL FACILITY COMMISSION                                              | FX.RT. MUNI BOND     | CUSIP: 67756DE36<br>LEI: 5493007MQT6NGNN6BR81 | Long             | DBT              | MUN               | US        |   2950000 | PA      | $3076511.05   | 0.44%             | 2052-12-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| OHIO HIGHER EDUCATIONAL FACILITY COMMISSION                                              | FX.RT. MUNI BOND     | CUSIP: 67756DE28<br>LEI: 5493007MQT6NGNN6BR81 | Long             | DBT              | MUN               | US        |   3490000 | PA      | $3635006.01   | 0.52%             | 2042-12-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| COMMONWEALTH OF MASSACHUSETTS TRANSPORTATION FUND REVENUE                                | FX.RT. MUNI BOND     | CUSIP: 57604TKC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3200000 | PA      | $3546996.48   | 0.50%             | 2050-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MONTANA STATE BOARD OF REGENTS                                                           | FX.RT. MUNI BOND     | CUSIP: 61212LTN9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6665000 | PA      | $7494000.70   | 1.06%             | 2052-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| NEW YORK STATE THRUWAY AUTHORITY                                                         | FX.RT. MUNI BOND     | CUSIP: 650028ZP1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7300000 | PA      | $7981959.43   | 1.13%             | 2054-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHICAGO O'HARE INTERNATIONAL AIRPORT                                                     | FX.RT. MUNI BOND     | CUSIP: 167593X98<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3800000 | PA      | $4124402.20   | 0.59%             | 2053-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| MIDDLETON COMMUNITY DEVELOPMENT DISTRICT A                                               | FX.RT. MUNI BOND     | CUSIP: 596681AE6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1355000 | PA      | $1395101.50   | 0.20%             | 2053-05-01      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| INDUSTRIAL DEVELOPMENT AUTHORITY OF THE COUNTY OF PIMA/THE                               | FX.RT. MUNI BOND     | CUSIP: 72178AAJ1<br>LEI: 549300QDTQ25545R4K19 | Long             | DBT              | MUN               | US        |   1650000 | PA      | $1716093.56   | 0.24%             | 2057-11-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| INDUSTRIAL DEVELOPMENT AUTHORITY OF THE COUNTY OF PIMA/THE                               | FX.RT. MUNI BOND     | CUSIP: 72178AAG7<br>LEI: 549300QDTQ25545R4K19 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1046499.10   | 0.15%             | 2042-11-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| INDUSTRIAL DEVELOPMENT AUTHORITY OF THE COUNTY OF PIMA/THE                               | FX.RT. MUNI BOND     | CUSIP: 72178AAH5<br>LEI: 549300QDTQ25545R4K19 | Long             | DBT              | MUN               | US        |    500000 | PA      | $520329.35    | 0.07%             | 2052-11-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| INDUSTRIAL DEVELOPMENT AUTHORITY OF THE COUNTY OF PIMA/THE                               | FX.RT. MUNI BOND     | CUSIP: 72178AAF9<br>LEI: 549300QDTQ25545R4K19 | Long             | DBT              | MUN               | US        |   1060000 | PA      | $1103963.50   | 0.16%             | 2035-11-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| OHIO HIGHER EDUCATIONAL FACILITY COMMISSION                                              | FX.RT. MUNI BOND     | CUSIP: 67756DJ98<br>LEI: 5493007MQT6NGNN6BR81 | Long             | DBT              | MUN               | US        |   1475000 | PA      | $1548906.79   | 0.22%             | 2052-09-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY                                                | FX.RT. MUNI BOND     | CUSIP: 64577XEC6<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   7300000 | PA      | $8002830.86   | 1.14%             | 2042-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| TEXAS STATE TECHNICAL COLLEGE                                                            | FX.RT. MUNI BOND     | CUSIP: 88276RFL1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4731340.00   | 0.67%             | 2054-08-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| CITY  AND  COUNTY OF DENVER CO AIRPORT SYSTEM REVENUE                                    | FX.RT. MUNI BOND     | CUSIP: 249182TF3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2982388.00   | 0.42%             | 2037-11-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| CITY  AND  COUNTY OF DENVER CO AIRPORT SYSTEM REVENUE                                    | FX.RT. MUNI BOND     | CUSIP: 249182TG1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3175000 | PA      | $3783830.06   | 0.54%             | 2038-11-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| METROPOLITAN NASHVILLE AIRPORT AUTHORITY/THE                                             | FX.RT. MUNI BOND     | CUSIP: 592190QT2<br>LEI: 549300IC0HNF8TDXEE63 | Long             | DBT              | MUN               | US        |    875000 | PA      | $1000980.14   | 0.14%             | 2038-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| METROPOLITAN NASHVILLE AIRPORT AUTHORITY/THE                                             | FX.RT. MUNI BOND     | CUSIP: 592190QW5<br>LEI: 549300IC0HNF8TDXEE63 | Long             | DBT              | MUN               | US        |    875000 | PA      | $986049.31    | 0.14%             | 2041-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ECONOMIC DEVELOPMENT FINANCING AUTHORITY                                    | FX.RT. MUNI BOND     | CUSIP: 70868YAY5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2778124.25   | 0.39%             | 2061-06-30      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| PORT AUTHORITY OF NEW YORK  AND  NEW JERSEY                                              | FX.RT. MUNI BOND     | CUSIP: 73358XHE5<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |   4300000 | PA      | $4625983.86   | 0.66%             | 2047-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ORANGE COUNTY HEALTH FACILITIES AUTHORITY                                                | FX.RT. MUNI BOND     | CUSIP: 68450LHL2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2200000 | PA      | $2367030.60   | 0.34%             | 2053-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CITY OF SUNNYVALE CA                                                                     | FX.RT. MUNI BOND     | CUSIP: 867587AC1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3550000 | PA      | $3563286.94   | 0.51%             | 2032-08-01      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| DU PAGE COUNTY SPECIAL SERVICE AREA NO 31                                                | FX.RT. MUNI BOND     | CUSIP: 26350TAB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    698000 | PA      | $696646.86    | 0.10%             | 2036-03-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| CHICAGO BOARD OF TRADE                                                                   | GOVERNMENT FUTURES   | CUSIP: N/A<br>LEI: 549300EX04Q2QBFQTQ27       | N/A              | DIR              | CORP              | US        |       160 | NC      | $17478750.08  | 2.48%             |  |  |  | No            |                  1 | On Loan: No      |
| CHICAGO BOARD OF TRADE                                                                   | GOVERNMENT FUTURES   | CUSIP: N/A<br>LEI: 549300EX04Q2QBFQTQ27       | N/A              | DIR              | CORP              | US        |       343 | NC      | $41572671.88  | 5.91%             |  |  |  | No            |                  1 | On Loan: No      |
| CAMDEN COUNTY IMPROVEMENT AUTHORITY/THE                                                  | MUNI ORIG ISSUE DISC | CUSIP: 13281PAD9<br>LEI: 549300UTQBT9ZE0QFB15 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3179122.50   | 0.45%             | 2062-06-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| ARLINGTON HIGHER EDUCATION FINANCE CORP                                                  | MUNI ORIG ISSUE DISC | CUSIP: 041807CE6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2400000 | PA      | $2413969.68   | 0.34%             | 2062-06-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| SALT VERDE FINANCIAL CORP                                                                | MUNI ORIG ISSUE DISC | CUSIP: 79575EAR9<br>LEI: 549300VEWOZY6TQOIF03 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1637534.10   | 0.23%             | 2032-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS DEVELOPMENT FINANCE AGENCY                                                 | MUNI ORIG ISSUE DISC | CUSIP: 57585AAB6<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   2035000 | PA      | $203500.00    | 0.03%             | 2028-10-15      | Fixed         | 6.65%                 | No            |                  2 | On Loan: No      |
| PUBLIC AUTHORITY FOR COLORADO ENERGY                                                     | MUNI ORIG ISSUE DISC | CUSIP: 744387AD3<br>LEI: 549300C6IJKXQOMRAB11 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2480329.00   | 0.35%             | 2038-11-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY                                                | MUNI ORIG ISSUE DISC | CUSIP: 64577QAF8<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000509.40   | 0.14%             | 2037-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KENTUCKY ECONOMIC DEVELOPMENT FINANCE AUTHORITY                                          | MUNI ORIG ISSUE DISC | CUSIP: 49126TAJ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1214683.12   | 0.17%             | 2042-11-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| FLINT HOSPITAL BUILDING AUTHORITY                                                        | MUNI ORIG ISSUE DISC | CUSIP: 339510BT5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $501486.15    | 0.07%             | 2039-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| COUNTY OF JEFFERSON AL SEWER REVENUE                                                     | MUNI ORIG ISSUE DISC | CUSIP: 472682RM7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3207682.20   | 0.46%             | 2053-10-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS DEVELOPMENT FINANCE AGENCY                                                 | MUNI ORIG ISSUE DISC | CUSIP: 57583UC48<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1002799.80   | 0.14%             | 2043-07-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| PUBLIC FINANCE AUTHORITY                                                                 | MUNI ORIG ISSUE DISC | CUSIP: 74443UAC7<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1685000 | PA      | $1762528.20   | 0.25%             | 2034-11-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| MIAMI-DADE COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY                                       | MUNI ORIG ISSUE DISC | CUSIP: 59333ECQ4<br>LEI: 549300RM19LZY32DAU30 | Long             | DBT              | MUN               | US        |   2195000 | PA      | $2251577.44   | 0.32%             | 2034-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MOON INDUSTRIAL DEVELOPMENT AUTHORITY                                                    | MUNI ORIG ISSUE DISC | CUSIP: 61543RAS5<br>LEI: 549300CGX4T1GTNHL435 | Long             | DBT              | MUN               | US        |    850000 | PA      | $776582.36    | 0.11%             | 2035-07-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| ILLINOIS FINANCE AUTHORITY                                                               | MUNI ORIG ISSUE DISC | CUSIP: 45203H6A5<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    850000 | PA      | $904811.49    | 0.13%             | 2050-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| NEW HOPE CULTURAL EDUCATION FACILITIES FINANCE CORP                                      | MUNI ORIG ISSUE DISC | CUSIP: 64542UDA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $211484.58    | 0.03%             | 2052-11-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CHESTER COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY                                          | MUNI ORIG ISSUE DISC | CUSIP: 165588DK7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1198064.52   | 0.17%             | 2037-10-15      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| CHICAGO BOARD OF EDUCATION                                                               | MUNI ORIG ISSUE DISC | CUSIP: 167505RM0<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1645962.90   | 0.23%             | 2046-12-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| DISTRICT OF COLUMBIA                                                                     | MUNI ORIG ISSUE DISC | CUSIP: 25483VSG0<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |   3170000 | PA      | $2711121.58   | 0.39%             | 2052-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| INDUSTRIAL DEVELOPMENT AUTHORITY OF THE CITY OF ST LOUIS MISSOURI/THE                    | MUNI ORIG ISSUE DISC | CUSIP: 85236BAC6<br>LEI: 549300WTUL8KX1FOUZ40 | Long             | DBT              | MUN               | US        |   1625000 | PA      | $1248617.66   | 0.18%             | 2047-11-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| KALISPEL TRIBE OF INDIANS                                                                | MUNI ORIG ISSUE DISC | CUSIP: 48340PAR3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    990000 | PA      | $1034775.03   | 0.15%             | 2032-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TOWN OF MILLSBORO DE                                                                     | MUNI ORIG ISSUE DISC | CUSIP: 601266AC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1498000 | PA      | $1499194.06   | 0.21%             | 2038-07-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| COUNTY OF PRINCE GEORGE'S MD                                                             | MUNI ORIG ISSUE DISC | CUSIP: 74172RBQ9<br>LEI: 549300NSQ1W50I0VU811 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2003916.40   | 0.28%             | 2048-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| COUNTY OF PRINCE GEORGE'S MD                                                             | MUNI ORIG ISSUE DISC | CUSIP: 74172RBP1<br>LEI: 549300NSQ1W50I0VU811 | Long             | DBT              | MUN               | US        |    300000 | PA      | $300759.03    | 0.04%             | 2039-07-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| CLIFTON HIGHER EDUCATION FINANCE CORP                                                    | MUNI ORIG ISSUE DISC | CUSIP: 187145JT5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6000000 | PA      | $6145862.40   | 0.87%             | 2048-08-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| MONTGOMERY COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY/PA                                    | MUNI ORIG ISSUE DISC | CUSIP: 613609G67<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1377137.40   | 0.20%             | 2048-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| TOWN OF MILLSBORO DE                                                                     | MUNI ORIG ISSUE DISC | CUSIP: 601266AD1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1999000 | PA      | $1965966.13   | 0.28%             | 2048-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ST LOUIS COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY                                         | MUNI ORIG ISSUE DISC | CUSIP: 791524CP4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4250000 | PA      | $3939760.20   | 0.56%             | 2053-09-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO SALES TAX FINANCING CORP SALES TAX REVENUE                                   | MUNI ORIG ISSUE DISC | CUSIP: 74529JPV1<br>LEI: N/A                  | Long             | DBT              | MUN               | PR        |     59000 | PA      | $58174.14     | 0.01%             | 2040-07-01      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO SALES TAX FINANCING CORP SALES TAX REVENUE                                   | MUNI ORIG ISSUE DISC | CUSIP: 74529JPW9<br>LEI: N/A                  | Long             | DBT              | MUN               | PR        |    433000 | PA      | $412902.74    | 0.06%             | 2053-07-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO SALES TAX FINANCING CORP SALES TAX REVENUE                                   | MUNI ORIG ISSUE DISC | CUSIP: 74529JPU3<br>LEI: N/A                  | Long             | DBT              | MUN               | PR        |    116000 | PA      | $116556.97    | 0.02%             | 2034-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO SALES TAX FINANCING CORP SALES TAX REVENUE                                   | MUNI ORIG ISSUE DISC | CUSIP: 74529JPX7<br>LEI: N/A                  | Long             | DBT              | MUN               | PR        |   8997000 | PA      | $8886775.05   | 1.26%             | 2058-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS DEVELOPMENT FINANCE AGENCY                                                 | MUNI ORIG ISSUE DISC | CUSIP: 57584YSC4<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |    250000 | PA      | $253647.58    | 0.04%             | 2033-01-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| COUNTY OF BERKELEY SC                                                                    | MUNI ORIG ISSUE DISC | CUSIP: 084220AB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $872798.10    | 0.12%             | 2040-11-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| METROPOLITAN GOVERNMENT NASHVILLE  AND  DAVIDSON COUNTY HEALTH  AND  EDUCATIONAL FACS BD | MUNI ORIG ISSUE DISC | CUSIP: 592041YV3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2338838.10   | 0.33%             | 2055-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CSCDA COMMUNITY IMPROVEMENT AUTHORITY                                                    | MUNI ORIG ISSUE DISC | CUSIP: 126292AF8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1900000 | PA      | $1410492.74   | 0.20%             | 2056-08-01      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| MIDA MOUNTAIN VILLAGE PUBLIC INFRASTRUCTURE DISTRICT                                     | MUNI ORIG ISSUE DISC | CUSIP: 59561TAQ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1625000 | PA      | $1216500.68   | 0.17%             | 2050-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CSCDA COMMUNITY IMPROVEMENT AUTHORITY                                                    | MUNI ORIG ISSUE DISC | CUSIP: 126292AR2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $2853543.60   | 0.41%             | 2056-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| COMMONWEALTH OF PUERTO RICO                                                              | MUNI ORIG ISSUE DISC | CUSIP: 74514L3P0<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | PR        |   3000000 | PA      | $2512117.50   | 0.36%             | 2046-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MUNICIPAL ELECTRIC AUTHORITY OF GEORGIA                                                  | MUNI ORIG ISSUE DISC | CUSIP: 62620HEM0<br>LEI: JA0WNILDDF2KUPS83B16 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1506888.45   | 0.21%             | 2063-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| COUNTY OF WASHINGTON OH                                                                  | MUNI ORIG ISSUE DISC | CUSIP: 938154DX6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1524443.10   | 0.22%             | 2052-12-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| MARYLAND ECONOMIC DEVELOPMENT CORP                                                       | MUNI ORIG ISSUE DISC | CUSIP: 57420VSP9<br>LEI: 549300JJ16DDBSZWSN94 | Long             | DBT              | MUN               | US        |   5025000 | PA      | $5589872.81   | 0.79%             | 2058-07-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FINANCE AUTHORITY OF MAINE                                                               | MUNI PUT BOND ACT    | CUSIP: 56042CAT2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1008263.40   | 0.14%             | 2035-08-01      | Variable      | 5.12%                 | No            |                  2 | On Loan: No      |
| NEW YORK STATE ENVIRONMENTAL FACILITIES CORP                                             | MUNI PUT BOND ACT    | CUSIP: 649852AS9<br>LEI: 549300QJ33JJW73OQO60 | Long             | DBT              | MUN               | US        |    475000 | PA      | $451925.97    | 0.06%             | 2050-09-01      | Variable      | 2.75%                 | No            |                  2 | On Loan: No      |
| COUNTY OF JEFFERSON AL SEWER REVENUE                                                     | MUNI STEP UP BOND    | CUSIP: 472682SA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8800000 | PA      | $9030864.48   | 1.28%             | 2046-10-01      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| METROPOLITAN PIER  AND  EXPOSITION AUTHORITY                                             | MUNI STEP UP BOND    | CUSIP: 592250CX0<br>LEI: 254900I3VDCQ58UGBR15 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $1867132.80   | 0.27%             | 2042-12-15      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO SALES TAX FINANCING CORP SALES TAX REVENUE                                   | MUNI. ZERO           | CUSIP: 74529JQF5<br>LEI: N/A                  | Long             | DBT              | MUN               | PR        |    159000 | PA      | $96449.30     | 0.01%             | 2033-07-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO SALES TAX FINANCING CORP SALES TAX REVENUE                                   | MUNI. ZERO           | CUSIP: 74529JQD0<br>LEI: N/A                  | Long             | DBT              | MUN               | PR        |    109000 | PA      | $81692.92     | 0.01%             | 2029-07-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO SALES TAX FINANCING CORP SALES TAX REVENUE                                   | MUNI. ZERO           | CUSIP: 74529JQC2<br>LEI: N/A                  | Long             | DBT              | MUN               | PR        |    112000 | PA      | $92489.42     | 0.01%             | 2027-07-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO SALES TAX FINANCING CORP SALES TAX REVENUE                                   | MUNI. ZERO           | CUSIP: 74529JQE8<br>LEI: N/A                  | Long             | DBT              | MUN               | PR        |    141000 | PA      | $95143.44     | 0.01%             | 2031-07-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO SALES TAX FINANCING CORP SALES TAX REVENUE                                   | MUNI. ZERO           | CUSIP: 74529JQB4<br>LEI: N/A                  | Long             | DBT              | MUN               | PR        |     46000 | PA      | $43356.50     | 0.01%             | 2024-07-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO SALES TAX FINANCING CORP SALES TAX REVENUE                                   | MUNI. ZERO           | CUSIP: 74529JQH1<br>LEI: N/A                  | Long             | DBT              | MUN               | PR        |   1236000 | PA      | $258348.60    | 0.04%             | 2051-07-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO SALES TAX FINANCING CORP SALES TAX REVENUE                                   | MUNI. ZERO           | CUSIP: 74529JQG3<br>LEI: N/A                  | Long             | DBT              | MUN               | PR        |   1518000 | PA      | $418750.93    | 0.06%             | 2046-07-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| TOBACCO SECURITIZATION AUTHORITY OF SOUTHERN CALIFORNIA                                  | MUNI. ZERO           | CUSIP: 888804CU3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  14660000 | PA      | $2707499.69   | 0.38%             | 2054-06-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA COUNTY TOBACCO SECURITIZATION AGENCY                                          | MUNI. ZERO           | CUSIP: 13016NFC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  20390000 | PA      | $3701743.33   | 0.53%             | 2055-06-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| CITY OF TAMPA FL                                                                         | MUNI. ZERO           | CUSIP: 875146AY8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    850000 | PA      | $404639.02    | 0.06%             | 2040-09-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| CITY OF TAMPA FL                                                                         | MUNI. ZERO           | CUSIP: 875146AZ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $446459.00    | 0.06%             | 2041-09-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| CITY OF TAMPA FL                                                                         | MUNI. ZERO           | CUSIP: 875146BB7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $693074.20    | 0.10%             | 2045-09-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| CITY OF TAMPA FL                                                                         | MUNI. ZERO           | CUSIP: 875146BD3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2600000 | PA      | $589985.50    | 0.08%             | 2053-09-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| CAPITAL TRUST AGENCY/FL                                                                  | MUNI. ZERO           | CUSIP: 14052WDH7<br>LEI: 549300F49UWS7X0OGQ59 | Long             | DBT              | MUN               | US        |   6000000 | PA      | $363681.60    | 0.05%             | 2060-01-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA COUNTY TOBACCO SECURITIZATION AGENCY                                          | MUNI. ZERO           | CUSIP: 13016NJB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7850000 | PA      | $1748147.90   | 0.25%             | 2055-06-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA INFRASTRUCTURE  AND  ECONOMIC DEVELOPMENT BANK                                | MUNI. ZERO           | CUSIP: 13034AR28<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |   7435000 | PA      | $431501.38    | 0.06%             | 2061-01-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| TEXAS TRANSPORTATION COMMISSION                                                          | MUNI. ZERO           | CUSIP: 88283NAJ1<br>LEI: 5493006JSGNPGVJS7691 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $668634.45    | 0.10%             | 2039-08-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| SUCCESSOR AGENCY TO THE SAN FRANCISCO CITY  AND  COUNTY REDEVELOPMENT AGENCY             | MUNI. ZERO           | CUSIP: 79772ABU0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8000000 | PA      | $2421912.80   | 0.34%             | 2043-08-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| GOLDEN STATE TOBACCO SECURITIZATION CORP                                                 | MUNI. ZERO           | CUSIP: 38122NB84<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  32440000 | PA      | $4101684.40   | 0.58%             | 2066-06-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| METROPOLITAN WASHINGTON AIRPORTS AUTHORITY                                               | MUNI. ZERO           | CUSIP: 592643BL3<br>LEI: 7HERAVJJLN8J1DZ6AZ19 | Long             | DBT              | MUN               | US        |    995000 | PA      | $465517.72    | 0.07%             | 2040-10-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| E-470 PUBLIC HIGHWAY AUTHORITY                                                           | MUNI. ZERO           | CUSIP: 26822LLT9<br>LEI: 549300164ZV2301BC703 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $462159.00    | 0.07%             | 2041-09-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| PUTNAM SHORT TERM INVESTMENT FUND                                                        | SHORT TERM INV FUND  | CUSIP: 74676P664<br>LEI: 5493003MK0Q7JP8CPP42 | Long             | STIV             | PF                | US        |  13242148 | NS      | $13242148.00  | 1.88%             |  |  |  | No            |                  2 | On Loan: No      |
| UNITED STATES OF AMERICA                                                                 | U.S. T BILLS         | CUSIP: 912796T33<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    300000 | PA      | $299183.71    | 0.04%             | 2023-02-23      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| UNITED STATES OF AMERICA                                                                 | U.S. T BILLS         | CUSIP: 912796YL7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    600000 | PA      | $596797.69    | 0.08%             | 2023-03-16      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| UNITED STATES OF AMERICA                                                                 | U.S. T BILLS         | CUSIP: 912796YB9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    400000 | PA      | $398576.58    | 0.06%             | 2023-03-02      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY HEALTH CARE FACILITIES FINANCING AUTHORITY                                    | VAR.RT.MUNI NOTE NT  | CUSIP: 64579FYK3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2000000.00   | 0.28%             | 2043-07-01      | Variable      | 0.45%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS DEVELOPMENT FINANCE AGENCY                                                 | VAR.RT.MUNI NOTE NT  | CUSIP: 57583RWB7<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3500000.00   | 0.50%             | 2042-10-01      | Variable      | 1.15%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA MUNICIPAL FINANCE AUTHORITY                                                   | VAR.RT.MUNI NOTE NT  | CUSIP: 13048TGU1<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2500000.00   | 0.36%             | 2035-11-01      | Variable      | 0.65%                 | No            |                  2 | On Loan: No      |
| CITY OF ROCHESTER MN                                                                     | VAR.RT.MUNI NOTE NT  | CUSIP: 771902FC2<br>LEI: 549300006EX3INSHXA95 | Long             | DBT              | MUN               | US        |    800000 | PA      | $800000.00    | 0.11%             | 2038-11-15      | Variable      | 1.90%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS HEALTH  AND  EDUCATIONAL FACILITIES AUTHORITY                              | VAR.RT.MUNI NOTE NT  | CUSIP: 57585KSW9<br>LEI: 549300MV50RWQFTX5223 | Long             | DBT              | MUN               | US        |    500000 | PA      | $500000.00    | 0.07%             | 2031-07-01      | Variable      | 1.45%                 | No            |                  2 | On Loan: No      |
| NEW YORK CITY WATER  AND  SEWER SYSTEM                                                   | VAR.RT.MUNI NOTE NT  | CUSIP: 64972GCR3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3990000 | PA      | $3990000.00   | 0.57%             | 2049-06-15      | Variable      | 1.15%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA PUBLIC FINANCE AUTHORITY                                                      | VAR.RT.MUNI NOTE NT  | CUSIP: 13057EBE3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1500000.00   | 0.21%             | 2052-08-01      | Variable      | 0.45%                 | No            |                  2 | On Loan: No      |
| SAN FRANCISCO CITY  AND  COUNTY AIRPORT COMM-SAN FRANCISCO INTERNATIONAL AIRPORT         | VAR.RT.MUNI NOTE NT  | CUSIP: 79766DLB3<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |  13005000 | PA      | $13005000.00  | 1.85%             | 2058-05-01      | Variable      | 1.05%                 | No            |                  2 | On Loan: No      |
| BAY AREA TOLL AUTHORITY                                                                  | VAR.RT.MUNI NOTE NT  | CUSIP: 072024VZ2<br>LEI: 5493001FUZGUQMIP5D78 | Long             | DBT              | MUN               | US        |   3100000 | PA      | $3100000.00   | 0.44%             | 2053-04-01      | Variable      | 0.87%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS DEVELOPMENT FINANCE AGENCY                                                 | VAR.RT.MUNI NOTE NT  | CUSIP: 57583RWD3<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   3185000 | PA      | $3185000.00   | 0.45%             | 2042-10-01      | Variable      | 1.15%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2023-03-29

**Name of Applicant:** Putnam Investments Inc

**Signature:** Janet C. Smith

**Name of Signer:** NPORT

**Title:** Principal Financial Officer