# EDGAR Filing Document

**Accession Number:** 0001352280
**File Stem:** 0001145549-25-041409
**Filing Date:** 2025-6
**Character Count:** 198411
**Document Hash:** dd418e52456e494f9032a7ccb1f75c6e
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001145549-25-041409.hdr.sgml**: 20250625

**ACCESSION NUMBER**: 0001145549-25-041409

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 3

**CONFORMED PERIOD OF REPORT**: 20250430

**FILED AS OF DATE**: 20250625

**DATE AS OF CHANGE**: 20250625

**PERIOD START**: 20250731

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Columbia Funds Series Trust II
- **CENTRAL INDEX KEY:** 0001352280

**ORGANIZATION NAME:**
- **EIN:** 204384176
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 0430

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-21852
- **FILM NUMBER:** 251071012

**BUSINESS ADDRESS:**
- **STREET 1:** 290 CONGRESS STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02210
- **BUSINESS PHONE:** 800-345-6611

**MAIL ADDRESS:**
- **STREET 1:** 290 CONGRESS STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02210

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** RIVERSOURCE SERIES TRUST
- **DATE OF NAME CHANGE:** 20070928

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** RIVERSOURCE RETIREMENT SERIES TRUST
- **DATE OF NAME CHANGE:** 20060801

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** RiverSource Retirement Series Trust
- **DATE OF NAME CHANGE:** 20060206

## Series and Classes Contracts Data

### Columbia Minnesota Tax-Exempt Fund (Series ID: S000031366)

| Class ID   | Class Name                                               | Ticker Symbol   |
|:---|:---|:---|
| C000097521 | Columbia Minnesota Tax-Exempt Fund Class A               | IMNTX           |
| C000097523 | Columbia Minnesota Tax-Exempt Fund Class C               | RMTCX           |
| C000097524 | Columbia Minnesota Tax-Exempt Fund Institutional Class   | CMNZX           |
| C000136871 | Columbia Minnesota Tax-Exempt Fund Institutional 2 Class | CADOX           |
| C000177153 | Columbia Minnesota Tax-Exempt Fund Institutional 3 Class | CMNYX           |

## Nport-Ex

![](img03b509f81.jpg)

Columbia Minnesota Tax-Exempt Fund

**Third Quarter Report**

April 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Not FDIC or NCUA Insured** | **No Financial Institution Guarantee** | **May Lose Value** |

---

------

Portfolio of Investments

Columbia Minnesota Tax-Exempt Fund, April 30, 2025 (Unaudited)

(Percentages represent value of investments compared to net assets)

**Investments in securities**

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

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

---

| | | | |
|:---|:---|:---|:---|
| **Municipal Bonds 98.5%** | **Municipal Bonds 98.5%** | **Municipal Bonds 98.5%** | **Municipal Bonds 98.5%** |
| **Issue Description** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| **Airport 2.4%** | **Airport 2.4%** | **Airport 2.4%** | **Airport 2.4%** |
| Minneapolis-St. Paul Metropolitan Airports Commission | Minneapolis-St. Paul Metropolitan Airports Commission | Minneapolis-St. Paul Metropolitan Airports Commission | Minneapolis-St. Paul Metropolitan Airports Commission |
| Refunding Revenue Bonds | Refunding Revenue Bonds | Refunding Revenue Bonds | Refunding Revenue Bonds |
| Senior Lien | Senior Lien | Senior Lien | Senior Lien |
| Series 2016C | Series 2016C | Series 2016C | Series 2016C |
| 01/01/2046 | &nbsp;&nbsp; 5.000% | 3000000 | &nbsp;&nbsp; 3009833 |
| Subordinated Series 2019A | Subordinated Series 2019A | Subordinated Series 2019A | Subordinated Series 2019A |
| 01/01/2049 | &nbsp;&nbsp; 5.000% | 2095000 | &nbsp;&nbsp; 2108333 |
| Revenue Bonds | Revenue Bonds | Revenue Bonds | Revenue Bonds |
| Subordinated Series 2024A | Subordinated Series 2024A | Subordinated Series 2024A | Subordinated Series 2024A |
| 01/01/2054 | &nbsp;&nbsp; 4.000% | 2500000 | &nbsp;&nbsp; 2201600 |
| Minneapolis-St. Paul Metropolitan Airports Commission<sup>(a)</sup>  | Minneapolis-St. Paul Metropolitan Airports Commission<sup>(a)</sup>  | Minneapolis-St. Paul Metropolitan Airports Commission<sup>(a)</sup>  | Minneapolis-St. Paul Metropolitan Airports Commission<sup>(a)</sup>  |
| Refunding Revenue Bonds | Refunding Revenue Bonds | Refunding Revenue Bonds | Refunding Revenue Bonds |
| Subordinated Series 2022B | Subordinated Series 2022B | Subordinated Series 2022B | Subordinated Series 2022B |
| 01/01/2047 | &nbsp;&nbsp; 5.000% | 2100000 | &nbsp;&nbsp; 2105396 |
| Revenue Bonds | Revenue Bonds | Revenue Bonds | Revenue Bonds |
| Private Activity | Private Activity | Private Activity | Private Activity |
| Subordinated Series 2024 | Subordinated Series 2024 | Subordinated Series 2024 | Subordinated Series 2024 |
| 01/01/2049 | &nbsp;&nbsp; 5.250% | 2000000 | &nbsp;&nbsp; 2039217 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **11464379** |
| **Assisted Living 0.5%** | **Assisted Living 0.5%** | **Assisted Living 0.5%** | **Assisted Living 0.5%** |
| St. Cloud Housing & Redevelopment Authority<sup>(b)</sup>  | St. Cloud Housing & Redevelopment Authority<sup>(b)</sup>  | St. Cloud Housing & Redevelopment Authority<sup>(b)</sup>  | St. Cloud Housing & Redevelopment Authority<sup>(b)</sup>  |
| Revenue Bonds | Revenue Bonds | Revenue Bonds | Revenue Bonds |
| Sanctuary St. Cloud Project | Sanctuary St. Cloud Project | Sanctuary St. Cloud Project | Sanctuary St. Cloud Project |
| Series 2016A | Series 2016A | Series 2016A | Series 2016A |
| 08/01/2036 | &nbsp;&nbsp; 3.806% | 3000000 | &nbsp;&nbsp; 2274146 |
| **Charter Schools 9.6%** | **Charter Schools 9.6%** | **Charter Schools 9.6%** | **Charter Schools 9.6%** |
| City of Bethel | City of Bethel | City of Bethel | City of Bethel |
| Refunding Revenue Bonds | Refunding Revenue Bonds | Refunding Revenue Bonds | Refunding Revenue Bonds |
| Spectrum High School Project | Spectrum High School Project | Spectrum High School Project | Spectrum High School Project |
| Series 2017 | Series 2017 | Series 2017 | Series 2017 |
| 07/01/2027 | &nbsp;&nbsp; 3.500% | 925000 | &nbsp;&nbsp; 908172 |
| 07/01/2047 | &nbsp;&nbsp; 4.250% | 1000000 | &nbsp;&nbsp; 862079 |
| 07/01/2052 | &nbsp;&nbsp; 4.375% | 2255000 | &nbsp;&nbsp; 1902269 |
| City of Cologne | City of Cologne | City of Cologne | City of Cologne |
| Revenue Bonds | Revenue Bonds | Revenue Bonds | Revenue Bonds |
| Cologne Academy Charter School Project | Cologne Academy Charter School Project | Cologne Academy Charter School Project | Cologne Academy Charter School Project |
| Series 2014A | Series 2014A | Series 2014A | Series 2014A |
| 07/01/2034 | &nbsp;&nbsp; 5.000% | 1000000 | &nbsp;&nbsp; 991798 |
| 07/01/2045 | &nbsp;&nbsp; 5.000% | 2070000 | &nbsp;&nbsp; 1931622 |
| City of Deephaven | City of Deephaven | City of Deephaven | City of Deephaven |
| Refunding Revenue Bonds | Refunding Revenue Bonds | Refunding Revenue Bonds | Refunding Revenue Bonds |
| Eagle Ridge Academy Project | Eagle Ridge Academy Project | Eagle Ridge Academy Project | Eagle Ridge Academy Project |
| Series 2015 | Series 2015 | Series 2015 | Series 2015 |
| 07/01/2040 | &nbsp;&nbsp; 5.250% | 400000 | &nbsp;&nbsp; 400133 |
| 07/01/2050 | &nbsp;&nbsp; 5.500% | 1500000 | &nbsp;&nbsp; 1500063 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Municipal Bonds (continued)** | **Municipal Bonds (continued)** | **Municipal Bonds (continued)** | **Municipal Bonds (continued)** |
| **Issue Description** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| City of Deephaven<sup>(c)</sup>  | City of Deephaven<sup>(c)</sup>  | City of Deephaven<sup>(c)</sup>  | City of Deephaven<sup>(c)</sup>  |
| Refunding Revenue Bonds | Refunding Revenue Bonds | Refunding Revenue Bonds | Refunding Revenue Bonds |
| Seven Hills Preparatory Academy Project | Seven Hills Preparatory Academy Project | Seven Hills Preparatory Academy Project | Seven Hills Preparatory Academy Project |
| Series 2024 | Series 2024 | Series 2024 | Series 2024 |
| 06/15/2061 | &nbsp;&nbsp; 6.125% | 1800000 | &nbsp;&nbsp; 1658007 |
| City of Forest Lake | City of Forest Lake | City of Forest Lake | City of Forest Lake |
| Revenue Bonds | Revenue Bonds | Revenue Bonds | Revenue Bonds |
| Lakes International Language Academy | Lakes International Language Academy | Lakes International Language Academy | Lakes International Language Academy |
| Series 2019 | Series 2019 | Series 2019 | Series 2019 |
| 08/01/2036 | &nbsp;&nbsp; 5.000% | 1000000 | &nbsp;&nbsp; 1000945 |
| 08/01/2050 | &nbsp;&nbsp; 5.375% | 3600000 | &nbsp;&nbsp; 3529430 |
| City of Independence | City of Independence | City of Independence | City of Independence |
| Revenue Bonds | Revenue Bonds | Revenue Bonds | Revenue Bonds |
| Global Academy Charter Schools | Global Academy Charter Schools | Global Academy Charter Schools | Global Academy Charter Schools |
| Series 2021A | Series 2021A | Series 2021A | Series 2021A |
| 07/01/2041 | &nbsp;&nbsp; 4.000% | 1500000 | &nbsp;&nbsp; 1265564 |
| Global Academy Project | Global Academy Project | Global Academy Project | Global Academy Project |
| Series 2021A | Series 2021A | Series 2021A | Series 2021A |
| 07/01/2051 | &nbsp;&nbsp; 4.000% | 1400000 | &nbsp;&nbsp; 1091288 |
| 07/01/2056 | &nbsp;&nbsp; 4.000% | 1080000 | &nbsp;&nbsp; 820449 |
| Paladin Career & Technical High School | Paladin Career & Technical High School | Paladin Career & Technical High School | Paladin Career & Technical High School |
| Series 2021 | Series 2021 | Series 2021 | Series 2021 |
| 06/01/2056 | &nbsp;&nbsp; 4.000% | 2305000 | &nbsp;&nbsp; 1579396 |
| City of Minneapolis<sup>(c)</sup>  | City of Minneapolis<sup>(c)</sup>  | City of Minneapolis<sup>(c)</sup>  | City of Minneapolis<sup>(c)</sup>  |
| Revenue Bonds | Revenue Bonds | Revenue Bonds | Revenue Bonds |
| Friendship Academy of the Arts | Friendship Academy of the Arts | Friendship Academy of the Arts | Friendship Academy of the Arts |
| Series 2019 | Series 2019 | Series 2019 | Series 2019 |
| 12/01/2052 | &nbsp;&nbsp; 5.250% | 2000000 | &nbsp;&nbsp; 1370015 |
| City of Minneapolis | City of Minneapolis | City of Minneapolis | City of Minneapolis |
| Revenue Bonds | Revenue Bonds | Revenue Bonds | Revenue Bonds |
| Hennepin Schools Project | Hennepin Schools Project | Hennepin Schools Project | Hennepin Schools Project |
| Series 2021 | Series 2021 | Series 2021 | Series 2021 |
| 07/01/2056 | &nbsp;&nbsp; 4.000% | 4470000 | &nbsp;&nbsp; 2929920 |
| Northeast College Prep Project | Northeast College Prep Project | Northeast College Prep Project | Northeast College Prep Project |
| Series 2020A | Series 2020A | Series 2020A | Series 2020A |
| 07/01/2040 | &nbsp;&nbsp; 5.000% | 435000 | &nbsp;&nbsp; 368831 |
| 07/01/2055 | &nbsp;&nbsp; 5.000% | 1410000 | &nbsp;&nbsp; 1072173 |
| City of Ramsey | City of Ramsey | City of Ramsey | City of Ramsey |
| Refunding Revenue Bonds | Refunding Revenue Bonds | Refunding Revenue Bonds | Refunding Revenue Bonds |
| Pact Charter School Project | Pact Charter School Project | Pact Charter School Project | Pact Charter School Project |
| Series 2022A | Series 2022A | Series 2022A | Series 2022A |
| 06/01/2032 | &nbsp;&nbsp; 5.000% | 3000000 | &nbsp;&nbsp; 2858995 |
| City of Savage | City of Savage | City of Savage | City of Savage |
| Revenue Bonds | Revenue Bonds | Revenue Bonds | Revenue Bonds |
| Aspen Academy | Aspen Academy | Aspen Academy | Aspen Academy |
| Series 2016A | Series 2016A | Series 2016A | Series 2016A |
| 10/01/2031 | &nbsp;&nbsp; 4.750% | 1000000 | &nbsp;&nbsp; 962911 |

---

Columbia Minnesota Tax-Exempt Fund \| 2025

------

Portfolio of Investments (continued)

Columbia Minnesota Tax-Exempt Fund, April 30, 2025 (Unaudited)

---

| | | | |
|:---|:---|:---|:---|
| **Municipal Bonds (continued)** | **Municipal Bonds (continued)** | **Municipal Bonds (continued)** | **Municipal Bonds (continued)** |
| **Issue Description** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| City of Spring Lake Park | City of Spring Lake Park | City of Spring Lake Park | City of Spring Lake Park |
| Revenue Bonds | Revenue Bonds | Revenue Bonds | Revenue Bonds |
| Academy for Higher Learning Project | Academy for Higher Learning Project | Academy for Higher Learning Project | Academy for Higher Learning Project |
| Series 2019 | Series 2019 | Series 2019 | Series 2019 |
| 06/15/2049 | &nbsp;&nbsp; 5.000% | 2000000 | &nbsp;&nbsp; 1817586 |
| 06/15/2054 | &nbsp;&nbsp; 5.000% | 1000000 | &nbsp;&nbsp; 892176 |
| City of Woodbury | City of Woodbury | City of Woodbury | City of Woodbury |
| Refunding Revenue Bonds | Refunding Revenue Bonds | Refunding Revenue Bonds | Refunding Revenue Bonds |
| Charter School Lease | Charter School Lease | Charter School Lease | Charter School Lease |
| Series 2020 | Series 2020 | Series 2020 | Series 2020 |
| 12/01/2040 | &nbsp;&nbsp; 4.000% | 400000 | &nbsp;&nbsp; 410000 |
| 12/01/2050 | &nbsp;&nbsp; 4.000% | 550000 | &nbsp;&nbsp; 563750 |
| Revenue Bonds | Revenue Bonds | Revenue Bonds | Revenue Bonds |
| Woodbury Leadership Project | Woodbury Leadership Project | Woodbury Leadership Project | Woodbury Leadership Project |
| Series 2021 | Series 2021 | Series 2021 | Series 2021 |
| 07/01/2056 | &nbsp;&nbsp; 4.000% | 1725000 | &nbsp;&nbsp; 1184970 |
| City of Woodbury<sup>(c)</sup>  | City of Woodbury<sup>(c)</sup>  | City of Woodbury<sup>(c)</sup>  | City of Woodbury<sup>(c)</sup>  |
| Refunding Revenue Bonds | Refunding Revenue Bonds | Refunding Revenue Bonds | Refunding Revenue Bonds |
| Math and Science Academy | Math and Science Academy | Math and Science Academy | Math and Science Academy |
| Series 2025 | Series 2025 | Series 2025 | Series 2025 |
| 06/01/2063 | &nbsp;&nbsp; 5.500% | 1000000 | &nbsp;&nbsp; 927177 |
| Housing & Redevelopment Authority of The City of St. Paul | Housing & Redevelopment Authority of The City of St. Paul | Housing & Redevelopment Authority of The City of St. Paul | Housing & Redevelopment Authority of The City of St. Paul |
| Refunding Revenue Bonds | Refunding Revenue Bonds | Refunding Revenue Bonds | Refunding Revenue Bonds |
| Higher Ground Academy Project | Higher Ground Academy Project | Higher Ground Academy Project | Higher Ground Academy Project |
| Series 2023 | Series 2023 | Series 2023 | Series 2023 |
| 12/01/2057 | &nbsp;&nbsp; 5.500% | 2000000 | &nbsp;&nbsp; 2003485 |
| Hmong College Prep Academy Project | Hmong College Prep Academy Project | Hmong College Prep Academy Project | Hmong College Prep Academy Project |
| Series 2020 | Series 2020 | Series 2020 | Series 2020 |
| 09/01/2055 | &nbsp;&nbsp; 5.000% | 1750000 | &nbsp;&nbsp; 1602900 |
| Hope Community Academy Project | Hope Community Academy Project | Hope Community Academy Project | Hope Community Academy Project |
| Series 2015A | Series 2015A | Series 2015A | Series 2015A |
| 12/01/2043 | &nbsp;&nbsp; 5.000% | 1000000 | &nbsp;&nbsp; 744975 |
| Nova Classical Academy Project | Nova Classical Academy Project | Nova Classical Academy Project | Nova Classical Academy Project |
| Series 2016 | Series 2016 | Series 2016 | Series 2016 |
| 09/01/2036 | &nbsp;&nbsp; 4.000% | 1000000 | &nbsp;&nbsp; 923093 |
| 09/01/2047 | &nbsp;&nbsp; 4.125% | 1400000 | &nbsp;&nbsp; 1181204 |
| Series 2021 | Series 2021 | Series 2021 | Series 2021 |
| 09/01/2031 | &nbsp;&nbsp; 4.000% | 350000 | &nbsp;&nbsp; 338631 |
| St. Paul Conservatory | St. Paul Conservatory | St. Paul Conservatory | St. Paul Conservatory |
| Series 2013A | Series 2013A | Series 2013A | Series 2013A |
| 03/01/2028 | &nbsp;&nbsp; 4.000% | 125000 | &nbsp;&nbsp; 120644 |
| 03/01/2043 | &nbsp;&nbsp; 4.625% | 1000000 | &nbsp;&nbsp; 845831 |
| Township of Baytown | Township of Baytown | Township of Baytown | Township of Baytown |
| Refunding Revenue Bonds | Refunding Revenue Bonds | Refunding Revenue Bonds | Refunding Revenue Bonds |
| Series 2016A | Series 2016A | Series 2016A | Series 2016A |
| 08/01/2041 | &nbsp;&nbsp; 4.000% | 750000 | &nbsp;&nbsp; 644129 |
| 08/01/2046 | &nbsp;&nbsp; 4.250% | 2935000 | &nbsp;&nbsp; 2482658 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **45687269** |

---

---

| | | | |
|:---|:---|:---|:---|
| **Municipal Bonds (continued)** | **Municipal Bonds (continued)** | **Municipal Bonds (continued)** | **Municipal Bonds (continued)** |
| **Issue Description** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| **Health Services 0.2%** | **Health Services 0.2%** | **Health Services 0.2%** | **Health Services 0.2%** |
| City of Center City | City of Center City | City of Center City | City of Center City |
| Refunding Revenue Bonds | Refunding Revenue Bonds | Refunding Revenue Bonds | Refunding Revenue Bonds |
| Hazelden Betty Ford Foundation Project | Hazelden Betty Ford Foundation Project | Hazelden Betty Ford Foundation Project | Hazelden Betty Ford Foundation Project |
| Series 2019 | Series 2019 | Series 2019 | Series 2019 |
| 11/01/2041 | &nbsp;&nbsp; 4.000% | 1000000 | &nbsp;&nbsp; 907249 |
| **Higher Education 8.1%** | **Higher Education 8.1%** | **Higher Education 8.1%** | **Higher Education 8.1%** |
| Minnesota Higher Education Facilities Authority | Minnesota Higher Education Facilities Authority | Minnesota Higher Education Facilities Authority | Minnesota Higher Education Facilities Authority |
| Refunding Revenue Bonds | Refunding Revenue Bonds | Refunding Revenue Bonds | Refunding Revenue Bonds |
| Carleton College | Carleton College | Carleton College | Carleton College |
| Series 2017 | Series 2017 | Series 2017 | Series 2017 |
| 03/01/2037 | &nbsp;&nbsp; 4.000% | 500000 | &nbsp;&nbsp; 486941 |
| 03/01/2039 | &nbsp;&nbsp; 4.000% | 500000 | &nbsp;&nbsp; 485554 |
| 03/01/2040 | &nbsp;&nbsp; 4.000% | 1000000 | &nbsp;&nbsp; 953740 |
| 03/01/2047 | &nbsp;&nbsp; 4.000% | 2500000 | &nbsp;&nbsp; 2287103 |
| College of St. Scholastica | College of St. Scholastica | College of St. Scholastica | College of St. Scholastica |
| Series 2019 | Series 2019 | Series 2019 | Series 2019 |
| 12/01/2040 | &nbsp;&nbsp; 4.000% | 1200000 | &nbsp;&nbsp; 1001054 |
| Gustavus Adolphus College | Gustavus Adolphus College | Gustavus Adolphus College | Gustavus Adolphus College |
| Series 2017 | Series 2017 | Series 2017 | Series 2017 |
| 10/01/2041 | &nbsp;&nbsp; 4.000% | 3000000 | &nbsp;&nbsp; 2794417 |
| 10/01/2047 | &nbsp;&nbsp; 5.000% | 2000000 | &nbsp;&nbsp; 1954659 |
| Macalester College | Macalester College | Macalester College | Macalester College |
| Series 2017 | Series 2017 | Series 2017 | Series 2017 |
| 03/01/2042 | &nbsp;&nbsp; 4.000% | 900000 | &nbsp;&nbsp; 863479 |
| 03/01/2048 | &nbsp;&nbsp; 4.000% | 600000 | &nbsp;&nbsp; 543023 |
| Series 2021 | Series 2021 | Series 2021 | Series 2021 |
| 03/01/2040 | &nbsp;&nbsp; 3.000% | 365000 | &nbsp;&nbsp; 306882 |
| 03/01/2043 | &nbsp;&nbsp; 3.000% | 325000 | &nbsp;&nbsp; 258539 |
| St. Catherine University | St. Catherine University | St. Catherine University | St. Catherine University |
| Series 2018 | Series 2018 | Series 2018 | Series 2018 |
| 10/01/2037 | &nbsp;&nbsp; 4.000% | 580000 | &nbsp;&nbsp; 525480 |
| 10/01/2038 | &nbsp;&nbsp; 4.000% | 920000 | &nbsp;&nbsp; 823065 |
| 10/01/2045 | &nbsp;&nbsp; 5.000% | 2500000 | &nbsp;&nbsp; 2343661 |
| St. Olaf College | St. Olaf College | St. Olaf College | St. Olaf College |
| 8th Series 2015G | 8th Series 2015G | 8th Series 2015G | 8th Series 2015G |
| 12/01/2031 | &nbsp;&nbsp; 5.000% | 740000 | &nbsp;&nbsp; 745071 |
| 12/01/2032 | &nbsp;&nbsp; 5.000% | 1000000 | &nbsp;&nbsp; 1006565 |
| Series 2016-8N | Series 2016-8N | Series 2016-8N | Series 2016-8N |
| 10/01/2035 | &nbsp;&nbsp; 4.000% | 500000 | &nbsp;&nbsp; 500257 |
| University of St. Thomas | University of St. Thomas | University of St. Thomas | University of St. Thomas |
| Series 2016-8-L | Series 2016-8-L | Series 2016-8-L | Series 2016-8-L |
| 04/01/2039 | &nbsp;&nbsp; 4.000% | 2000000 | &nbsp;&nbsp; 1881357 |
| Series 2017A | Series 2017A | Series 2017A | Series 2017A |
| 10/01/2035 | &nbsp;&nbsp; 4.000% | 800000 | &nbsp;&nbsp; 803171 |
| 10/01/2037 | &nbsp;&nbsp; 4.000% | 750000 | &nbsp;&nbsp; 747203 |
| Revenue Bonds | Revenue Bonds | Revenue Bonds | Revenue Bonds |
| Carleton College | Carleton College | Carleton College | Carleton College |
| Series 2023 | Series 2023 | Series 2023 | Series 2023 |
| 03/01/2053 | &nbsp;&nbsp; 5.000% | 2670000 | &nbsp;&nbsp; 2741628 |

---

Columbia Minnesota Tax-Exempt Fund \| 2025

------

Portfolio of Investments (continued)

Columbia Minnesota Tax-Exempt Fund, April 30, 2025 (Unaudited)

---

| | | | |
|:---|:---|:---|:---|
| **Municipal Bonds (continued)** | **Municipal Bonds (continued)** | **Municipal Bonds (continued)** | **Municipal Bonds (continued)** |
| **Issue Description** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| College of St. Benedict | College of St. Benedict | College of St. Benedict | College of St. Benedict |
| Series 2016-8-K | Series 2016-8-K | Series 2016-8-K | Series 2016-8-K |
| 03/01/2043 | &nbsp;&nbsp; 4.000% | 1000000 | &nbsp;&nbsp; 826860 |
| College of St. Scholastica | College of St. Scholastica | College of St. Scholastica | College of St. Scholastica |
| Series 2012 | Series 2012 | Series 2012 | Series 2012 |
| 12/01/2032 | &nbsp;&nbsp; 4.000% | 350000 | &nbsp;&nbsp; 327210 |
| St. Catherine University | St. Catherine University | St. Catherine University | St. Catherine University |
| Series 2023 | Series 2023 | Series 2023 | Series 2023 |
| 10/01/2052 | &nbsp;&nbsp; 5.000% | 1415000 | &nbsp;&nbsp; 1284824 |
| St. John's University | St. John's University | St. John's University | St. John's University |
| Series 2015-8-1 | Series 2015-8-1 | Series 2015-8-1 | Series 2015-8-1 |
| 10/01/2031 | &nbsp;&nbsp; 5.000% | 370000 | &nbsp;&nbsp; 372111 |
| 10/01/2032 | &nbsp;&nbsp; 5.000% | 645000 | &nbsp;&nbsp; 648474 |
| 10/01/2033 | &nbsp;&nbsp; 5.000% | 350000 | &nbsp;&nbsp; 351764 |
| 10/01/2034 | &nbsp;&nbsp; 5.000% | 380000 | &nbsp;&nbsp; 381933 |
| University of St. Thomas | University of St. Thomas | University of St. Thomas | University of St. Thomas |
| Series 2019 | Series 2019 | Series 2019 | Series 2019 |
| 10/01/2044 | &nbsp;&nbsp; 4.000% | 2750000 | &nbsp;&nbsp; 2459703 |
| Series 2022B | Series 2022B | Series 2022B | Series 2022B |
| 10/01/2052 | &nbsp;&nbsp; 5.000% | 7895000 | &nbsp;&nbsp; 7885930 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **38591658** |
| **Hospital 21.2%** | **Hospital 21.2%** | **Hospital 21.2%** | **Hospital 21.2%** |
| City of Crookston | City of Crookston | City of Crookston | City of Crookston |
| Revenue Bonds | Revenue Bonds | Revenue Bonds | Revenue Bonds |
| Riverview Health Project | Riverview Health Project | Riverview Health Project | Riverview Health Project |
| Series 2019 | Series 2019 | Series 2019 | Series 2019 |
| 05/01/2044 | &nbsp;&nbsp; 5.000% | 500000 | &nbsp;&nbsp; 285469 |
| 05/01/2051 | &nbsp;&nbsp; 5.000% | 1500000 | &nbsp;&nbsp; 799212 |
| City of Glencoe | City of Glencoe | City of Glencoe | City of Glencoe |
| Refunding Revenue Bonds | Refunding Revenue Bonds | Refunding Revenue Bonds | Refunding Revenue Bonds |
| Glencoe Regional Health Services Project | Glencoe Regional Health Services Project | Glencoe Regional Health Services Project | Glencoe Regional Health Services Project |
| Series 2013 | Series 2013 | Series 2013 | Series 2013 |
| 04/01/2031 | &nbsp;&nbsp; 4.000% | 1450000 | &nbsp;&nbsp; 1411269 |
| City of Maple Grove | City of Maple Grove | City of Maple Grove | City of Maple Grove |
| Refunding Revenue Bonds | Refunding Revenue Bonds | Refunding Revenue Bonds | Refunding Revenue Bonds |
| Maple Grove Hospital Corp. | Maple Grove Hospital Corp. | Maple Grove Hospital Corp. | Maple Grove Hospital Corp. |
| Series 2017 | Series 2017 | Series 2017 | Series 2017 |
| 05/01/2037 | &nbsp;&nbsp; 4.000% | 10500000 | &nbsp;&nbsp; 9790006 |
| North Memorial Health Care | North Memorial Health Care | North Memorial Health Care | North Memorial Health Care |
| Series 2015 | Series 2015 | Series 2015 | Series 2015 |
| 09/01/2032 | &nbsp;&nbsp; 5.000% | 1000000 | &nbsp;&nbsp; 1001505 |
| 09/01/2035 | &nbsp;&nbsp; 4.000% | 1500000 | &nbsp;&nbsp; 1392118 |
| City of Minneapolis | City of Minneapolis | City of Minneapolis | City of Minneapolis |
| Refunding Revenue Bonds | Refunding Revenue Bonds | Refunding Revenue Bonds | Refunding Revenue Bonds |
| Fairview Health Services | Fairview Health Services | Fairview Health Services | Fairview Health Services |
| Series 2015A | Series 2015A | Series 2015A | Series 2015A |
| 11/15/2044 | &nbsp;&nbsp; 5.000% | 6475000 | &nbsp;&nbsp; 6423388 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Municipal Bonds (continued)** | **Municipal Bonds (continued)** | **Municipal Bonds (continued)** | **Municipal Bonds (continued)** |
| **Issue Description** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| Revenue Bonds | Revenue Bonds | Revenue Bonds | Revenue Bonds |
| Fairview Health Services | Fairview Health Services | Fairview Health Services | Fairview Health Services |
| Series 2018A | Series 2018A | Series 2018A | Series 2018A |
| 11/15/2037 | &nbsp;&nbsp; 4.000% | 7000000 | &nbsp;&nbsp; 6610603 |
| 11/15/2038 | &nbsp;&nbsp; 4.000% | 1130000 | &nbsp;&nbsp; 1056649 |
| City of Plato | City of Plato | City of Plato | City of Plato |
| Revenue Bonds | Revenue Bonds | Revenue Bonds | Revenue Bonds |
| Glencoe Regional Health Services | Glencoe Regional Health Services | Glencoe Regional Health Services | Glencoe Regional Health Services |
| Series 2017 | Series 2017 | Series 2017 | Series 2017 |
| 04/01/2037 | &nbsp;&nbsp; 4.000% | 1810000 | &nbsp;&nbsp; 1666060 |
| 04/01/2041 | &nbsp;&nbsp; 5.000% | 675000 | &nbsp;&nbsp; 665090 |
| City of Rochester | City of Rochester | City of Rochester | City of Rochester |
| Refunding Revenue Bonds | Refunding Revenue Bonds | Refunding Revenue Bonds | Refunding Revenue Bonds |
| Mayo Clinic | Mayo Clinic | Mayo Clinic | Mayo Clinic |
| Series 2022 | Series 2022 | Series 2022 | Series 2022 |
| 11/15/2057 | &nbsp;&nbsp; 5.000% | 13000000 | &nbsp;&nbsp; 13179166 |
| Revenue Bonds | Revenue Bonds | Revenue Bonds | Revenue Bonds |
| Mayo Clinic | Mayo Clinic | Mayo Clinic | Mayo Clinic |
| Series 2025A | Series 2025A | Series 2025A | Series 2025A |
| 11/15/2053 | &nbsp;&nbsp; 4.375% | 5000000 | &nbsp;&nbsp; 4837751 |
| City of Rochester<sup>(d)</sup>  | City of Rochester<sup>(d)</sup>  | City of Rochester<sup>(d)</sup>  | City of Rochester<sup>(d)</sup>  |
| Revenue Bonds | Revenue Bonds | Revenue Bonds | Revenue Bonds |
| Mayo Clinic | Mayo Clinic | Mayo Clinic | Mayo Clinic |
| Series 2025B (Mandatory Put 05/15/32) | Series 2025B (Mandatory Put 05/15/32) | Series 2025B (Mandatory Put 05/15/32) | Series 2025B (Mandatory Put 05/15/32) |
| 11/15/2055 | &nbsp;&nbsp; 5.000% | 3000000 | &nbsp;&nbsp; 3259960 |
| City of Shakopee | City of Shakopee | City of Shakopee | City of Shakopee |
| Refunding Revenue Bonds | Refunding Revenue Bonds | Refunding Revenue Bonds | Refunding Revenue Bonds |
| St. Francis Regional Medical Center | St. Francis Regional Medical Center | St. Francis Regional Medical Center | St. Francis Regional Medical Center |
| Series 2014 | Series 2014 | Series 2014 | Series 2014 |
| 09/01/2034 | &nbsp;&nbsp; 5.000% | 1000000 | &nbsp;&nbsp; 1000045 |
| City of St. Cloud | City of St. Cloud | City of St. Cloud | City of St. Cloud |
| Refunding Revenue Bonds | Refunding Revenue Bonds | Refunding Revenue Bonds | Refunding Revenue Bonds |
| CentraCare Health System | CentraCare Health System | CentraCare Health System | CentraCare Health System |
| Series 2016A | Series 2016A | Series 2016A | Series 2016A |
| 05/01/2037 | &nbsp;&nbsp; 4.000% | 3175000 | &nbsp;&nbsp; 3015166 |
| 05/01/2046 | &nbsp;&nbsp; 5.000% | 3875000 | &nbsp;&nbsp; 3743548 |
| Series 2024 | Series 2024 | Series 2024 | Series 2024 |
| 05/01/2054 | &nbsp;&nbsp; 5.000% | 3500000 | &nbsp;&nbsp; 3520745 |
| City of Wadena | City of Wadena | City of Wadena | City of Wadena |
| Revenue Bonds | Revenue Bonds | Revenue Bonds | Revenue Bonds |
| Wadena Cancer Center Project | Wadena Cancer Center Project | Wadena Cancer Center Project | Wadena Cancer Center Project |
| Series 2024 | Series 2024 | Series 2024 | Series 2024 |
| 12/01/2045 | &nbsp;&nbsp; 5.000% | 1900000 | &nbsp;&nbsp; 1924567 |
| County of Chippewa | County of Chippewa | County of Chippewa | County of Chippewa |
| Refunding Revenue Bonds | Refunding Revenue Bonds | Refunding Revenue Bonds | Refunding Revenue Bonds |
| Montevideo Hospital Project | Montevideo Hospital Project | Montevideo Hospital Project | Montevideo Hospital Project |
| Series 2016 | Series 2016 | Series 2016 | Series 2016 |
| 03/01/2037 | &nbsp;&nbsp; 4.000% | 7660000 | &nbsp;&nbsp; 7091318 |

---

Columbia Minnesota Tax-Exempt Fund \| 2025

------

Portfolio of Investments (continued)

Columbia Minnesota Tax-Exempt Fund, April 30, 2025 (Unaudited)

---

| | | | |
|:---|:---|:---|:---|
| **Municipal Bonds (continued)** | **Municipal Bonds (continued)** | **Municipal Bonds (continued)** | **Municipal Bonds (continued)** |
| **Issue Description** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| Duluth Economic Development Authority | Duluth Economic Development Authority | Duluth Economic Development Authority | Duluth Economic Development Authority |
| Refunding Revenue Bonds | Refunding Revenue Bonds | Refunding Revenue Bonds | Refunding Revenue Bonds |
| Essentia Health Obligation Group | Essentia Health Obligation Group | Essentia Health Obligation Group | Essentia Health Obligation Group |
| Series 2018 | Series 2018 | Series 2018 | Series 2018 |
| 02/15/2043 | &nbsp;&nbsp; 4.250% | 1000000 | &nbsp;&nbsp; 928120 |
| 02/15/2043 | &nbsp;&nbsp; 5.000% | 1615000 | &nbsp;&nbsp; 1591398 |
| 02/15/2048 | &nbsp;&nbsp; 4.250% | 1000000 | &nbsp;&nbsp; 904294 |
| 02/15/2048 | &nbsp;&nbsp; 5.000% | 1300000 | &nbsp;&nbsp; 1263575 |
| 02/15/2058 | &nbsp;&nbsp; 5.000% | 6000000 | &nbsp;&nbsp; 5713864 |
| St. Luke Hospital of Duluth | St. Luke Hospital of Duluth | St. Luke Hospital of Duluth | St. Luke Hospital of Duluth |
| Series 2022 | Series 2022 | Series 2022 | Series 2022 |
| 06/15/2037 | &nbsp;&nbsp; 4.000% | 350000 | &nbsp;&nbsp; 347557 |
| 06/15/2038 | &nbsp;&nbsp; 4.000% | 375000 | &nbsp;&nbsp; 369494 |
| 06/15/2039 | &nbsp;&nbsp; 4.000% | 225000 | &nbsp;&nbsp; 219308 |
| Revenue Bonds | Revenue Bonds | Revenue Bonds | Revenue Bonds |
| St. Luke's Hospital | St. Luke's Hospital | St. Luke's Hospital | St. Luke's Hospital |
| Series 2022 | Series 2022 | Series 2022 | Series 2022 |
| 06/15/2052 | &nbsp;&nbsp; 5.250% | 2420000 | &nbsp;&nbsp; 2486364 |
| Housing & Redevelopment Authority of The City of St. Paul | Housing & Redevelopment Authority of The City of St. Paul | Housing & Redevelopment Authority of The City of St. Paul | Housing & Redevelopment Authority of The City of St. Paul |
| Refunding Revenue Bonds | Refunding Revenue Bonds | Refunding Revenue Bonds | Refunding Revenue Bonds |
| Fairview Health Services | Fairview Health Services | Fairview Health Services | Fairview Health Services |
| Series 2017 | Series 2017 | Series 2017 | Series 2017 |
| 11/15/2036 | &nbsp;&nbsp; 4.000% | 1200000 | &nbsp;&nbsp; 1134592 |
| 11/15/2037 | &nbsp;&nbsp; 4.000% | 600000 | &nbsp;&nbsp; 558475 |
| 11/15/2043 | &nbsp;&nbsp; 4.000% | 3000000 | &nbsp;&nbsp; 2556641 |
| HealthPartners Obligation Group | HealthPartners Obligation Group | HealthPartners Obligation Group | HealthPartners Obligation Group |
| Series 2015 | Series 2015 | Series 2015 | Series 2015 |
| 07/01/2035 | &nbsp;&nbsp; 4.000% | 5000000 | &nbsp;&nbsp; 4872470 |
| Minnesota Agricultural & Economic Development Board | Minnesota Agricultural & Economic Development Board | Minnesota Agricultural & Economic Development Board | Minnesota Agricultural & Economic Development Board |
| Revenue Bonds | Revenue Bonds | Revenue Bonds | Revenue Bonds |
| HealthPartners Obligated Group | HealthPartners Obligated Group | HealthPartners Obligated Group | HealthPartners Obligated Group |
| Series 2024 | Series 2024 | Series 2024 | Series 2024 |
| 01/01/2054 | &nbsp;&nbsp; 5.250% | 5250000 | &nbsp;&nbsp; 5386368 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **101006155** |
| **Joint Power Authority 2.7%** | **Joint Power Authority 2.7%** | **Joint Power Authority 2.7%** | **Joint Power Authority 2.7%** |
| Minnesota Municipal Power Agency | Minnesota Municipal Power Agency | Minnesota Municipal Power Agency | Minnesota Municipal Power Agency |
| Refunding Revenue Bonds | Refunding Revenue Bonds | Refunding Revenue Bonds | Refunding Revenue Bonds |
| Series 2014 | Series 2014 | Series 2014 | Series 2014 |
| 10/01/2032 | &nbsp;&nbsp; 5.000% | 250000 | &nbsp;&nbsp; 250843 |
| Northern Municipal Power Agency | Northern Municipal Power Agency | Northern Municipal Power Agency | Northern Municipal Power Agency |
| Refunding Revenue Bonds | Refunding Revenue Bonds | Refunding Revenue Bonds | Refunding Revenue Bonds |
| Series 2017 | Series 2017 | Series 2017 | Series 2017 |
| 01/01/2035 | &nbsp;&nbsp; 5.000% | 170000 | &nbsp;&nbsp; 173271 |
| 01/01/2036 | &nbsp;&nbsp; 5.000% | 180000 | &nbsp;&nbsp; 183263 |
| Southern Minnesota Municipal Power Agency | Southern Minnesota Municipal Power Agency | Southern Minnesota Municipal Power Agency | Southern Minnesota Municipal Power Agency |
| Refunding Revenue Bonds | Refunding Revenue Bonds | Refunding Revenue Bonds | Refunding Revenue Bonds |
| Series 2015A | Series 2015A | Series 2015A | Series 2015A |
| 01/01/2041 | &nbsp;&nbsp; 5.000% | 2550000 | &nbsp;&nbsp; 2569640 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Municipal Bonds (continued)** | **Municipal Bonds (continued)** | **Municipal Bonds (continued)** | **Municipal Bonds (continued)** |
| **Issue Description** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| Southern Minnesota Municipal Power Agency<sup>(e)</sup>  | Southern Minnesota Municipal Power Agency<sup>(e)</sup>  | Southern Minnesota Municipal Power Agency<sup>(e)</sup>  | Southern Minnesota Municipal Power Agency<sup>(e)</sup>  |
| Revenue Bonds | Revenue Bonds | Revenue Bonds | Revenue Bonds |
| Capital Appreciation | Capital Appreciation | Capital Appreciation | Capital Appreciation |
| Series 1994A (NPFGC) | Series 1994A (NPFGC) | Series 1994A (NPFGC) | Series 1994A (NPFGC) |
| 01/01/2026 | &nbsp;&nbsp; 0.000% | 10000000 | &nbsp;&nbsp; 9743643 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **12920660** |
| **Local Appropriation 2.4%** | **Local Appropriation 2.4%** | **Local Appropriation 2.4%** | **Local Appropriation 2.4%** |
| City of Marshall | City of Marshall | City of Marshall | City of Marshall |
| Revenue Bonds | Revenue Bonds | Revenue Bonds | Revenue Bonds |
| Series 2024A | Series 2024A | Series 2024A | Series 2024A |
| 02/01/2041 | &nbsp;&nbsp; 5.125% | 540000 | &nbsp;&nbsp; 529510 |
| 02/01/2045 | &nbsp;&nbsp; 5.375% | 725000 | &nbsp;&nbsp; 708022 |
| Northeastern Metropolitan Intermediate School District No. 916 | Northeastern Metropolitan Intermediate School District No. 916 | Northeastern Metropolitan Intermediate School District No. 916 | Northeastern Metropolitan Intermediate School District No. 916 |
| Certificate of Participation | Certificate of Participation | Certificate of Participation | Certificate of Participation |
| Series 2015B | Series 2015B | Series 2015B | Series 2015B |
| 02/01/2034 | &nbsp;&nbsp; 5.000% | 1000000 | &nbsp;&nbsp; 1001279 |
| 02/01/2042 | &nbsp;&nbsp; 4.000% | 5250000 | &nbsp;&nbsp; 4801229 |
| St. Paul Independent School District No. 625 | St. Paul Independent School District No. 625 | St. Paul Independent School District No. 625 | St. Paul Independent School District No. 625 |
| Certificate of Participation | Certificate of Participation | Certificate of Participation | Certificate of Participation |
| Series 2019 (School District Credit Enhancement Program) | Series 2019 (School District Credit Enhancement Program) | Series 2019 (School District Credit Enhancement Program) | Series 2019 (School District Credit Enhancement Program) |
| 02/01/2039 | &nbsp;&nbsp; 3.000% | 565000 | &nbsp;&nbsp; 486140 |
| Series 2020C | Series 2020C | Series 2020C | Series 2020C |
| 02/01/2040 | &nbsp;&nbsp; 2.500% | 4285000 | &nbsp;&nbsp; 3198040 |
| Zumbro Education District | Zumbro Education District | Zumbro Education District | Zumbro Education District |
| Certificate of Participation | Certificate of Participation | Certificate of Participation | Certificate of Participation |
| Series 2021A | Series 2021A | Series 2021A | Series 2021A |
| 02/01/2041 | &nbsp;&nbsp; 4.000% | 635000 | &nbsp;&nbsp; 539622 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **11263842** |
| **Local General Obligation 24.9%** | **Local General Obligation 24.9%** | **Local General Obligation 24.9%** | **Local General Obligation 24.9%** |
| Anoka-Hennepin Independent School District No. 11 | Anoka-Hennepin Independent School District No. 11 | Anoka-Hennepin Independent School District No. 11 | Anoka-Hennepin Independent School District No. 11 |
| Unlimited General Obligation Bonds | Unlimited General Obligation Bonds | Unlimited General Obligation Bonds | Unlimited General Obligation Bonds |
| School District Credit Enhancement Program | School District Credit Enhancement Program | School District Credit Enhancement Program | School District Credit Enhancement Program |
| Series 2020A | Series 2020A | Series 2020A | Series 2020A |
| 02/01/2045 | &nbsp;&nbsp; 3.000% | 5000000 | &nbsp;&nbsp; 3913815 |
| Becker Independent School District No. 726<sup>(e)</sup>  | Becker Independent School District No. 726<sup>(e)</sup>  | Becker Independent School District No. 726<sup>(e)</sup>  | Becker Independent School District No. 726<sup>(e)</sup>  |
| Unlimited General Obligation Bonds | Unlimited General Obligation Bonds | Unlimited General Obligation Bonds | Unlimited General Obligation Bonds |
| Series 2022A | Series 2022A | Series 2022A | Series 2022A |
| 02/01/2037 | &nbsp;&nbsp; 0.000% | 1335000 | &nbsp;&nbsp; 801082 |
| 02/01/2038 | &nbsp;&nbsp; 0.000% | 1335000 | &nbsp;&nbsp; 755091 |
| Blooming Prairie Independent School District No. 756 | Blooming Prairie Independent School District No. 756 | Blooming Prairie Independent School District No. 756 | Blooming Prairie Independent School District No. 756 |
| Unlimited General Obligation Refunding Bonds | Unlimited General Obligation Refunding Bonds | Unlimited General Obligation Refunding Bonds | Unlimited General Obligation Refunding Bonds |
| Series 2022A | Series 2022A | Series 2022A | Series 2022A |
| 02/01/2045 | &nbsp;&nbsp; 2.250% | 1375000 | &nbsp;&nbsp; 870306 |
| Brainerd Independent School District No. 181 | Brainerd Independent School District No. 181 | Brainerd Independent School District No. 181 | Brainerd Independent School District No. 181 |
| Unlimited General Obligation Bonds | Unlimited General Obligation Bonds | Unlimited General Obligation Bonds | Unlimited General Obligation Bonds |
| School Building | School Building | School Building | School Building |
| Series 2018A (School District Credit Enhancement Program) | Series 2018A (School District Credit Enhancement Program) | Series 2018A (School District Credit Enhancement Program) | Series 2018A (School District Credit Enhancement Program) |
| 02/01/2037 | &nbsp;&nbsp; 4.000% | 9800000 | &nbsp;&nbsp; 9805053 |

---

Columbia Minnesota Tax-Exempt Fund \| 2025

------

Portfolio of Investments (continued)

Columbia Minnesota Tax-Exempt Fund, April 30, 2025 (Unaudited)

---

| | | | |
|:---|:---|:---|:---|
| **Municipal Bonds (continued)** | **Municipal Bonds (continued)** | **Municipal Bonds (continued)** | **Municipal Bonds (continued)** |
| **Issue Description** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| City of Elk River | City of Elk River | City of Elk River | City of Elk River |
| Unlimited General Obligation Bonds | Unlimited General Obligation Bonds | Unlimited General Obligation Bonds | Unlimited General Obligation Bonds |
| Series 2019A | Series 2019A | Series 2019A | Series 2019A |
| 12/01/2042 | &nbsp;&nbsp; 3.000% | 1755000 | &nbsp;&nbsp; 1433477 |
| City of Minneapolis | City of Minneapolis | City of Minneapolis | City of Minneapolis |
| Unlimited General Obligation Bonds | Unlimited General Obligation Bonds | Unlimited General Obligation Bonds | Unlimited General Obligation Bonds |
| Series 2022 | Series 2022 | Series 2022 | Series 2022 |
| 12/01/2040 | &nbsp;&nbsp; 4.000% | 4440000 | &nbsp;&nbsp; 4437251 |
| Dilworth Glyndon Felton Independent School District No. 2164 | Dilworth Glyndon Felton Independent School District No. 2164 | Dilworth Glyndon Felton Independent School District No. 2164 | Dilworth Glyndon Felton Independent School District No. 2164 |
| Unlimited General Obligation Bonds | Unlimited General Obligation Bonds | Unlimited General Obligation Bonds | Unlimited General Obligation Bonds |
| Series 2020A | Series 2020A | Series 2020A | Series 2020A |
| 02/01/2038 | &nbsp;&nbsp; 3.000% | 1025000 | &nbsp;&nbsp; 884085 |
| 02/01/2040 | &nbsp;&nbsp; 3.000% | 1000000 | &nbsp;&nbsp; 828198 |
| 02/01/2041 | &nbsp;&nbsp; 3.000% | 1230000 | &nbsp;&nbsp; 1003238 |
| Duluth Independent School District No. 709<sup>(e)</sup>  | Duluth Independent School District No. 709<sup>(e)</sup>  | Duluth Independent School District No. 709<sup>(e)</sup>  | Duluth Independent School District No. 709<sup>(e)</sup>  |
| Unlimited General Obligation Bonds | Unlimited General Obligation Bonds | Unlimited General Obligation Bonds | Unlimited General Obligation Bonds |
| Series 2021C | Series 2021C | Series 2021C | Series 2021C |
| 02/01/2032 | &nbsp;&nbsp; 0.000% | 1080000 | &nbsp;&nbsp; 778199 |
| 02/01/2033 | &nbsp;&nbsp; 0.000% | 1075000 | &nbsp;&nbsp; 731146 |
| Eden Prairie Independent School District No. 272 | Eden Prairie Independent School District No. 272 | Eden Prairie Independent School District No. 272 | Eden Prairie Independent School District No. 272 |
| Unlimited General Obligation Bonds | Unlimited General Obligation Bonds | Unlimited General Obligation Bonds | Unlimited General Obligation Bonds |
| Series 2019B (School District Credit Enhancement Program) | Series 2019B (School District Credit Enhancement Program) | Series 2019B (School District Credit Enhancement Program) | Series 2019B (School District Credit Enhancement Program) |
| 02/01/2040 | &nbsp;&nbsp; 3.000% | 3000000 | &nbsp;&nbsp; 2467240 |
| Elk River Independent School District No. 728 | Elk River Independent School District No. 728 | Elk River Independent School District No. 728 | Elk River Independent School District No. 728 |
| Unlimited General Obligation Bonds | Unlimited General Obligation Bonds | Unlimited General Obligation Bonds | Unlimited General Obligation Bonds |
| School District Credit Enhancement Program | School District Credit Enhancement Program | School District Credit Enhancement Program | School District Credit Enhancement Program |
| Series 2020A | Series 2020A | Series 2020A | Series 2020A |
| 02/01/2034 | &nbsp;&nbsp; 2.000% | 7000000 | &nbsp;&nbsp; 5766830 |
| Gibbon Independent School District No. 2365 | Gibbon Independent School District No. 2365 | Gibbon Independent School District No. 2365 | Gibbon Independent School District No. 2365 |
| Unlimited General Obligation Bonds | Unlimited General Obligation Bonds | Unlimited General Obligation Bonds | Unlimited General Obligation Bonds |
| Series 2023A | Series 2023A | Series 2023A | Series 2023A |
| 02/01/2048 | &nbsp;&nbsp; 5.000% | 2000000 | &nbsp;&nbsp; 2066410 |
| Hastings Independent School District No. 200<sup>(e)</sup>  | Hastings Independent School District No. 200<sup>(e)</sup>  | Hastings Independent School District No. 200<sup>(e)</sup>  | Hastings Independent School District No. 200<sup>(e)</sup>  |
| Unlimited General Obligation Bonds | Unlimited General Obligation Bonds | Unlimited General Obligation Bonds | Unlimited General Obligation Bonds |
| School Building | School Building | School Building | School Building |
| Series 2018A (School District Credit Enhancement Program) | Series 2018A (School District Credit Enhancement Program) | Series 2018A (School District Credit Enhancement Program) | Series 2018A (School District Credit Enhancement Program) |
| 02/01/2032 | &nbsp;&nbsp; 0.000% | 1305000 | &nbsp;&nbsp; 995916 |
| 02/01/2033 | &nbsp;&nbsp; 0.000% | 2140000 | &nbsp;&nbsp; 1558196 |
| Lac Qui Parle Valley Independent School District No. 2853 | Lac Qui Parle Valley Independent School District No. 2853 | Lac Qui Parle Valley Independent School District No. 2853 | Lac Qui Parle Valley Independent School District No. 2853 |
| Unlimited General Obligation Bonds | Unlimited General Obligation Bonds | Unlimited General Obligation Bonds | Unlimited General Obligation Bonds |
| Series 2020A | Series 2020A | Series 2020A | Series 2020A |
| 02/01/2040 | &nbsp;&nbsp; 2.500% | 2525000 | &nbsp;&nbsp; 1839520 |
| Litchfield Independent School District No. 465 | Litchfield Independent School District No. 465 | Litchfield Independent School District No. 465 | Litchfield Independent School District No. 465 |
| Unlimited General Obligation Bonds | Unlimited General Obligation Bonds | Unlimited General Obligation Bonds | Unlimited General Obligation Bonds |
| Series 2020A | Series 2020A | Series 2020A | Series 2020A |
| 02/01/2040 | &nbsp;&nbsp; 3.000% | 2260000 | &nbsp;&nbsp; 1879637 |
| MACCRAY Independent School District No. 2180 | MACCRAY Independent School District No. 2180 | MACCRAY Independent School District No. 2180 | MACCRAY Independent School District No. 2180 |
| Unlimited General Obligation Bonds | Unlimited General Obligation Bonds | Unlimited General Obligation Bonds | Unlimited General Obligation Bonds |
| Series 2020A | Series 2020A | Series 2020A | Series 2020A |
| 02/01/2038 | &nbsp;&nbsp; 2.250% | 2525000 | &nbsp;&nbsp; 1914669 |
| 02/01/2039 | &nbsp;&nbsp; 2.250% | 2580000 | &nbsp;&nbsp; 1898150 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Municipal Bonds (continued)** | **Municipal Bonds (continued)** | **Municipal Bonds (continued)** | **Municipal Bonds (continued)** |
| **Issue Description** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| Marshall Independent School District No. 413 | Marshall Independent School District No. 413 | Marshall Independent School District No. 413 | Marshall Independent School District No. 413 |
| Unlimited General Obligation Bonds | Unlimited General Obligation Bonds | Unlimited General Obligation Bonds | Unlimited General Obligation Bonds |
| Series 2019B (School District Credit Enhancement Program) | Series 2019B (School District Credit Enhancement Program) | Series 2019B (School District Credit Enhancement Program) | Series 2019B (School District Credit Enhancement Program) |
| 02/01/2039 | &nbsp;&nbsp; 3.000% | 2440000 | &nbsp;&nbsp; 2086791 |
| 02/01/2040 | &nbsp;&nbsp; 3.000% | 2515000 | &nbsp;&nbsp; 2123345 |
| Metropolitan Council | Metropolitan Council | Metropolitan Council | Metropolitan Council |
| Unlimited General Obligation Bonds | Unlimited General Obligation Bonds | Unlimited General Obligation Bonds | Unlimited General Obligation Bonds |
| Minneapolis-Saint Paul Metropolitan Area | Minneapolis-Saint Paul Metropolitan Area | Minneapolis-Saint Paul Metropolitan Area | Minneapolis-Saint Paul Metropolitan Area |
| Series 2022 | Series 2022 | Series 2022 | Series 2022 |
| 03/01/2042 | &nbsp;&nbsp; 4.000% | 3550000 | &nbsp;&nbsp; 3464072 |
| Moorhead Independent School District No. 152 | Moorhead Independent School District No. 152 | Moorhead Independent School District No. 152 | Moorhead Independent School District No. 152 |
| Unlimited General Obligation Bonds | Unlimited General Obligation Bonds | Unlimited General Obligation Bonds | Unlimited General Obligation Bonds |
| Series 2020A | Series 2020A | Series 2020A | Series 2020A |
| 02/01/2041 | &nbsp;&nbsp; 3.000% | 5600000 | &nbsp;&nbsp; 4616110 |
| Mounds View Independent School District No. 621 | Mounds View Independent School District No. 621 | Mounds View Independent School District No. 621 | Mounds View Independent School District No. 621 |
| Unlimited General Obligation Bonds | Unlimited General Obligation Bonds | Unlimited General Obligation Bonds | Unlimited General Obligation Bonds |
| Student Credit Enhancement Program School Building | Student Credit Enhancement Program School Building | Student Credit Enhancement Program School Building | Student Credit Enhancement Program School Building |
| Series 2018A | Series 2018A | Series 2018A | Series 2018A |
| 02/01/2043 | &nbsp;&nbsp; 4.000% | 6455000 | &nbsp;&nbsp; 6151850 |
| North St. Paul-Maplewood-Oakdale Independent School District No. 622 | North St. Paul-Maplewood-Oakdale Independent School District No. 622 | North St. Paul-Maplewood-Oakdale Independent School District No. 622 | North St. Paul-Maplewood-Oakdale Independent School District No. 622 |
| Unlimited General Obligation Bonds | Unlimited General Obligation Bonds | Unlimited General Obligation Bonds | Unlimited General Obligation Bonds |
| Series 2019A | Series 2019A | Series 2019A | Series 2019A |
| 02/01/2042 | &nbsp;&nbsp; 3.000% | 7050000 | &nbsp;&nbsp; 5627046 |
| Norwood Young America Independent School District No. 108 | Norwood Young America Independent School District No. 108 | Norwood Young America Independent School District No. 108 | Norwood Young America Independent School District No. 108 |
| Unlimited General Obligation Bonds | Unlimited General Obligation Bonds | Unlimited General Obligation Bonds | Unlimited General Obligation Bonds |
| Series 2022A | Series 2022A | Series 2022A | Series 2022A |
| 02/01/2045 | &nbsp;&nbsp; 2.250% | 1600000 | &nbsp;&nbsp; 999331 |
| Richfield Independent School District No. 280 | Richfield Independent School District No. 280 | Richfield Independent School District No. 280 | Richfield Independent School District No. 280 |
| Unlimited General Obligation Bonds | Unlimited General Obligation Bonds | Unlimited General Obligation Bonds | Unlimited General Obligation Bonds |
| Student Credit Enhancement Program School Building | Student Credit Enhancement Program School Building | Student Credit Enhancement Program School Building | Student Credit Enhancement Program School Building |
| Series 2018A | Series 2018A | Series 2018A | Series 2018A |
| 02/01/2040 | &nbsp;&nbsp; 4.000% | 5000000 | &nbsp;&nbsp; 4889833 |
| Roseville Independent School District No. 623 | Roseville Independent School District No. 623 | Roseville Independent School District No. 623 | Roseville Independent School District No. 623 |
| Unlimited General Obligation Bonds | Unlimited General Obligation Bonds | Unlimited General Obligation Bonds | Unlimited General Obligation Bonds |
| School Building | School Building | School Building | School Building |
| Series 2018A | Series 2018A | Series 2018A | Series 2018A |
| 02/01/2038 | &nbsp;&nbsp; 4.000% | 10000000 | &nbsp;&nbsp; 10001720 |
| Russell Tyler Ruthton Independent School District No. 2902 | Russell Tyler Ruthton Independent School District No. 2902 | Russell Tyler Ruthton Independent School District No. 2902 | Russell Tyler Ruthton Independent School District No. 2902 |
| Unlimited General Obligation Bonds | Unlimited General Obligation Bonds | Unlimited General Obligation Bonds | Unlimited General Obligation Bonds |
| Series 2019A (School District Credit Enhancement Program) | Series 2019A (School District Credit Enhancement Program) | Series 2019A (School District Credit Enhancement Program) | Series 2019A (School District Credit Enhancement Program) |
| 02/01/2035 | &nbsp;&nbsp; 3.000% | 1950000 | &nbsp;&nbsp; 1787090 |
| 02/01/2036 | &nbsp;&nbsp; 3.000% | 1000000 | &nbsp;&nbsp; 912395 |
| 02/01/2037 | &nbsp;&nbsp; 3.000% | 1035000 | &nbsp;&nbsp; 911159 |
| Sartell-St. Stephen Independent School District No. 748<sup>(e)</sup>  | Sartell-St. Stephen Independent School District No. 748<sup>(e)</sup>  | Sartell-St. Stephen Independent School District No. 748<sup>(e)</sup>  | Sartell-St. Stephen Independent School District No. 748<sup>(e)</sup>  |
| Unlimited General Obligation Bonds | Unlimited General Obligation Bonds | Unlimited General Obligation Bonds | Unlimited General Obligation Bonds |
| School Building | School Building | School Building | School Building |
| Series 2016B (School District Credit Enhancement Program) | Series 2016B (School District Credit Enhancement Program) | Series 2016B (School District Credit Enhancement Program) | Series 2016B (School District Credit Enhancement Program) |
| 02/01/2032 | &nbsp;&nbsp; 0.000% | 1565000 | &nbsp;&nbsp; 1161638 |
| 02/01/2033 | &nbsp;&nbsp; 0.000% | 2585000 | &nbsp;&nbsp; 1819056 |
| 02/01/2034 | &nbsp;&nbsp; 0.000% | 1500000 | &nbsp;&nbsp; 999942 |

---

Columbia Minnesota Tax-Exempt Fund \| 2025

------

Portfolio of Investments (continued)

Columbia Minnesota Tax-Exempt Fund, April 30, 2025 (Unaudited)

---

| | | | |
|:---|:---|:---|:---|
| **Municipal Bonds (continued)** | **Municipal Bonds (continued)** | **Municipal Bonds (continued)** | **Municipal Bonds (continued)** |
| **Issue Description** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| Sauk Rapids-Rice Independent School District No. 47 | Sauk Rapids-Rice Independent School District No. 47 | Sauk Rapids-Rice Independent School District No. 47 | Sauk Rapids-Rice Independent School District No. 47 |
| Unlimited General Obligation Bonds | Unlimited General Obligation Bonds | Unlimited General Obligation Bonds | Unlimited General Obligation Bonds |
| Series 2020A | Series 2020A | Series 2020A | Series 2020A |
| 02/01/2040 | &nbsp;&nbsp; 2.625% | 2250000 | &nbsp;&nbsp; 1671663 |
| South Washington County Independent School District No. 833 | South Washington County Independent School District No. 833 | South Washington County Independent School District No. 833 | South Washington County Independent School District No. 833 |
| Unlimited General Obligation Refunding Bonds | Unlimited General Obligation Refunding Bonds | Unlimited General Obligation Refunding Bonds | Unlimited General Obligation Refunding Bonds |
| Series 2024A | Series 2024A | Series 2024A | Series 2024A |
| 02/01/2038 | &nbsp;&nbsp; 5.000% | 5000000 | &nbsp;&nbsp; 5352668 |
| 02/01/2044 | &nbsp;&nbsp; 4.000% | 3000000 | &nbsp;&nbsp; 2814189 |
| Stillwater Independent School District No. 834 | Stillwater Independent School District No. 834 | Stillwater Independent School District No. 834 | Stillwater Independent School District No. 834 |
| Unlimited General Obligation Refunding Bonds | Unlimited General Obligation Refunding Bonds | Unlimited General Obligation Refunding Bonds | Unlimited General Obligation Refunding Bonds |
| Series 2024A | Series 2024A | Series 2024A | Series 2024A |
| 02/01/2042 | &nbsp;&nbsp; 4.000% | 6960000 | &nbsp;&nbsp; 6746819 |
| 02/01/2043 | &nbsp;&nbsp; 4.000% | 2275000 | &nbsp;&nbsp; 2204765 |
| Watertown-Mayer Independent School District No. 111<sup>(e)</sup>  | Watertown-Mayer Independent School District No. 111<sup>(e)</sup>  | Watertown-Mayer Independent School District No. 111<sup>(e)</sup>  | Watertown-Mayer Independent School District No. 111<sup>(e)</sup>  |
| Unlimited General Obligation Bonds | Unlimited General Obligation Bonds | Unlimited General Obligation Bonds | Unlimited General Obligation Bonds |
| Capital Appreciation | Capital Appreciation | Capital Appreciation | Capital Appreciation |
| Series 2020A | Series 2020A | Series 2020A | Series 2020A |
| 02/01/2035 | &nbsp;&nbsp; 0.000% | 2420000 | &nbsp;&nbsp; 1550365 |
| 02/01/2039 | &nbsp;&nbsp; 0.000% | 2175000 | &nbsp;&nbsp; 1089996 |
| Worthington Independent School District No. 518 | Worthington Independent School District No. 518 | Worthington Independent School District No. 518 | Worthington Independent School District No. 518 |
| Unlimited General Obligation Bonds | Unlimited General Obligation Bonds | Unlimited General Obligation Bonds | Unlimited General Obligation Bonds |
| Series 2020A | Series 2020A | Series 2020A | Series 2020A |
| 02/01/2035 | &nbsp;&nbsp; 3.000% | 700000 | &nbsp;&nbsp; 637163 |
| 02/01/2036 | &nbsp;&nbsp; 3.000% | 470000 | &nbsp;&nbsp; 420375 |
| 02/01/2037 | &nbsp;&nbsp; 3.000% | 500000 | &nbsp;&nbsp; 440577 |
| 02/01/2038 | &nbsp;&nbsp; 3.000% | 1000000 | &nbsp;&nbsp; 867010 |
| 02/01/2039 | &nbsp;&nbsp; 3.000% | 1000000 | &nbsp;&nbsp; 850355 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **118824832** |
| **Multi-Family 3.8%** | **Multi-Family 3.8%** | **Multi-Family 3.8%** | **Multi-Family 3.8%** |
| City of Coon Rapids | City of Coon Rapids | City of Coon Rapids | City of Coon Rapids |
| Revenue Bonds | Revenue Bonds | Revenue Bonds | Revenue Bonds |
| Mississippi View Apartments Project | Mississippi View Apartments Project | Mississippi View Apartments Project | Mississippi View Apartments Project |
| Series 2023 (FNMA) | Series 2023 (FNMA) | Series 2023 (FNMA) | Series 2023 (FNMA) |
| 12/01/2039 | &nbsp;&nbsp; 5.600% | 1739387 | &nbsp;&nbsp; 1869145 |
| City of Crystal | City of Crystal | City of Crystal | City of Crystal |
| Revenue Bonds | Revenue Bonds | Revenue Bonds | Revenue Bonds |
| Crystal Leased Housing Association | Crystal Leased Housing Association | Crystal Leased Housing Association | Crystal Leased Housing Association |
| Series 2014 | Series 2014 | Series 2014 | Series 2014 |
| 06/01/2031 | &nbsp;&nbsp; 5.250% | 2500000 | &nbsp;&nbsp; 2493455 |
| City of Minneapolis | City of Minneapolis | City of Minneapolis | City of Minneapolis |
| Revenue Bonds | Revenue Bonds | Revenue Bonds | Revenue Bonds |
| 14th and Central Project | 14th and Central Project | 14th and Central Project | 14th and Central Project |
| Series 2020A (FNMA) | Series 2020A (FNMA) | Series 2020A (FNMA) | Series 2020A (FNMA) |
| 02/01/2038 | &nbsp;&nbsp; 2.350% | 4563623 | &nbsp;&nbsp; 3518632 |
| City of St. Anthony | City of St. Anthony | City of St. Anthony | City of St. Anthony |
| Revenue Bonds | Revenue Bonds | Revenue Bonds | Revenue Bonds |
| Multifamily Housing Landings Silver Lake Village | Multifamily Housing Landings Silver Lake Village | Multifamily Housing Landings Silver Lake Village | Multifamily Housing Landings Silver Lake Village |
| Series 2013 | Series 2013 | Series 2013 | Series 2013 |
| 12/01/2030 | &nbsp;&nbsp; 6.000% | 3000000 | &nbsp;&nbsp; 3000157 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Municipal Bonds (continued)** | **Municipal Bonds (continued)** | **Municipal Bonds (continued)** | **Municipal Bonds (continued)** |
| **Issue Description** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| Dakota County Community Development Agency | Dakota County Community Development Agency | Dakota County Community Development Agency | Dakota County Community Development Agency |
| Revenue Bonds | Revenue Bonds | Revenue Bonds | Revenue Bonds |
| Heart of the City Apartments Project | Heart of the City Apartments Project | Heart of the City Apartments Project | Heart of the City Apartments Project |
| Series 2024 (FNMA) | Series 2024 (FNMA) | Series 2024 (FNMA) | Series 2024 (FNMA) |
| 05/01/2043 | &nbsp;&nbsp; 4.200% | 1500000 | &nbsp;&nbsp; 1384031 |
| Housing & Redevelopment Authority of The City of St. Paul | Housing & Redevelopment Authority of The City of St. Paul | Housing & Redevelopment Authority of The City of St. Paul | Housing & Redevelopment Authority of The City of St. Paul |
| Revenue Bonds | Revenue Bonds | Revenue Bonds | Revenue Bonds |
| 848 Payne Ave. Apartments Green Bonds | 848 Payne Ave. Apartments Green Bonds | 848 Payne Ave. Apartments Green Bonds | 848 Payne Ave. Apartments Green Bonds |
| Series 2020 | Series 2020 | Series 2020 | Series 2020 |
| 06/01/2038 | &nbsp;&nbsp; 2.330% | 4870754 | &nbsp;&nbsp; 3708738 |
| Northwest Multi-County Housing & Redevelopment Authority | Northwest Multi-County Housing & Redevelopment Authority | Northwest Multi-County Housing & Redevelopment Authority | Northwest Multi-County Housing & Redevelopment Authority |
| Refunding Revenue Bonds | Refunding Revenue Bonds | Refunding Revenue Bonds | Refunding Revenue Bonds |
| Pooled Housing Program | Pooled Housing Program | Pooled Housing Program | Pooled Housing Program |
| Series 2015 | Series 2015 | Series 2015 | Series 2015 |
| 07/01/2045 | &nbsp;&nbsp; 5.500% | 2500000 | &nbsp;&nbsp; 2369892 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **18344050** |
| **Municipal Power 0.4%** | **Municipal Power 0.4%** | **Municipal Power 0.4%** | **Municipal Power 0.4%** |
| Puerto Rico Electric Power Authority<sup>(f),(g)</sup>  | Puerto Rico Electric Power Authority<sup>(f),(g)</sup>  | Puerto Rico Electric Power Authority<sup>(f),(g)</sup>  | Puerto Rico Electric Power Authority<sup>(f),(g)</sup>  |
| Revenue Bonds | Revenue Bonds | Revenue Bonds | Revenue Bonds |
| Series 2012A | Series 2012A | Series 2012A | Series 2012A |
| 07/01/2042 | &nbsp;&nbsp; 0.000% | 3090000 | &nbsp;&nbsp; 1714950 |
| **Nursing Home 2.2%** | **Nursing Home 2.2%** | **Nursing Home 2.2%** | **Nursing Home 2.2%** |
| City of Oak Park Heights | City of Oak Park Heights | City of Oak Park Heights | City of Oak Park Heights |
| Refunding Revenue Bonds | Refunding Revenue Bonds | Refunding Revenue Bonds | Refunding Revenue Bonds |
| Boutwells Landing Care Center | Boutwells Landing Care Center | Boutwells Landing Care Center | Boutwells Landing Care Center |
| Series 2013 | Series 2013 | Series 2013 | Series 2013 |
| 08/01/2025 | &nbsp;&nbsp; 5.250% | 385000 | &nbsp;&nbsp; 384047 |
| Dakota County Community Development Agency | Dakota County Community Development Agency | Dakota County Community Development Agency | Dakota County Community Development Agency |
| Revenue Bonds | Revenue Bonds | Revenue Bonds | Revenue Bonds |
| Ebenezer Ridges Care Center TCU Project | Ebenezer Ridges Care Center TCU Project | Ebenezer Ridges Care Center TCU Project | Ebenezer Ridges Care Center TCU Project |
| Series 2014S | Series 2014S | Series 2014S | Series 2014S |
| 09/01/2046 | &nbsp;&nbsp; 5.000% | 2000000 | &nbsp;&nbsp; 1551328 |
| Duluth Economic Development Authority | Duluth Economic Development Authority | Duluth Economic Development Authority | Duluth Economic Development Authority |
| Revenue Bonds | Revenue Bonds | Revenue Bonds | Revenue Bonds |
| Benedictine Health System | Benedictine Health System | Benedictine Health System | Benedictine Health System |
| Series 2021 | Series 2021 | Series 2021 | Series 2021 |
| 07/01/2031 | &nbsp;&nbsp; 4.000% | 1625000 | &nbsp;&nbsp; 1517898 |
| Housing & Redevelopment Authority of The City of St. Paul<sup>(c)</sup>  | Housing & Redevelopment Authority of The City of St. Paul<sup>(c)</sup>  | Housing & Redevelopment Authority of The City of St. Paul<sup>(c)</sup>  | Housing & Redevelopment Authority of The City of St. Paul<sup>(c)</sup>  |
| Refunding Revenue Bonds | Refunding Revenue Bonds | Refunding Revenue Bonds | Refunding Revenue Bonds |
| Episcopal Homes Obligation Group | Episcopal Homes Obligation Group | Episcopal Homes Obligation Group | Episcopal Homes Obligation Group |
| Series 2021 | Series 2021 | Series 2021 | Series 2021 |
| 11/01/2042 | &nbsp;&nbsp; 4.000% | 1000000 | &nbsp;&nbsp; 808302 |
| Housing & Redevelopment Authority of The City of St. Paul | Housing & Redevelopment Authority of The City of St. Paul | Housing & Redevelopment Authority of The City of St. Paul | Housing & Redevelopment Authority of The City of St. Paul |
| Revenue Bonds | Revenue Bonds | Revenue Bonds | Revenue Bonds |
| Episcopal Homes Project | Episcopal Homes Project | Episcopal Homes Project | Episcopal Homes Project |
| Series 2013 | Series 2013 | Series 2013 | Series 2013 |
| 05/01/2038 | &nbsp;&nbsp; 5.000% | 1200000 | &nbsp;&nbsp; 1069320 |
| 05/01/2048 | &nbsp;&nbsp; 5.125% | 6250000 | &nbsp;&nbsp; 5151758 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **10482653** |

---

Columbia Minnesota Tax-Exempt Fund \| 2025

------

Portfolio of Investments (continued)

Columbia Minnesota Tax-Exempt Fund, April 30, 2025 (Unaudited)

---

| | | | |
|:---|:---|:---|:---|
| **Municipal Bonds (continued)** | **Municipal Bonds (continued)** | **Municipal Bonds (continued)** | **Municipal Bonds (continued)** |
| **Issue Description** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| **Other Bond Issue 0.8%** | **Other Bond Issue 0.8%** | **Other Bond Issue 0.8%** | **Other Bond Issue 0.8%** |
| Housing & Redevelopment Authority of The City of St. Paul | Housing & Redevelopment Authority of The City of St. Paul | Housing & Redevelopment Authority of The City of St. Paul | Housing & Redevelopment Authority of The City of St. Paul |
| Refunding Revenue Bonds | Refunding Revenue Bonds | Refunding Revenue Bonds | Refunding Revenue Bonds |
| Series 2017A | Series 2017A | Series 2017A | Series 2017A |
| 08/01/2032 | &nbsp;&nbsp; 3.000% | 500000 | &nbsp;&nbsp; 466369 |
| 08/01/2033 | &nbsp;&nbsp; 3.000% | 500000 | &nbsp;&nbsp; 458870 |
| 08/01/2034 | &nbsp;&nbsp; 3.125% | 850000 | &nbsp;&nbsp; 773752 |
| 08/01/2035 | &nbsp;&nbsp; 3.125% | 800000 | &nbsp;&nbsp; 720308 |
| Series 2020A | Series 2020A | Series 2020A | Series 2020A |
| 12/01/2036 | &nbsp;&nbsp; 5.000% | 1580000 | &nbsp;&nbsp; 1609442 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **4028741** |
| **Other Utility 1.3%** | **Other Utility 1.3%** | **Other Utility 1.3%** | **Other Utility 1.3%** |
| Housing & Redevelopment Authority of The City of St. Paul | Housing & Redevelopment Authority of The City of St. Paul | Housing & Redevelopment Authority of The City of St. Paul | Housing & Redevelopment Authority of The City of St. Paul |
| Refunding Revenue Bonds | Refunding Revenue Bonds | Refunding Revenue Bonds | Refunding Revenue Bonds |
| Series 2017A | Series 2017A | Series 2017A | Series 2017A |
| 10/01/2031 | &nbsp;&nbsp; 4.000% | 875000 | &nbsp;&nbsp; 883081 |
| 10/01/2032 | &nbsp;&nbsp; 4.000% | 800000 | &nbsp;&nbsp; 805738 |
| 10/01/2033 | &nbsp;&nbsp; 4.000% | 655000 | &nbsp;&nbsp; 658043 |
| Series 2017B | Series 2017B | Series 2017B | Series 2017B |
| 10/01/2037 | &nbsp;&nbsp; 4.000% | 800000 | &nbsp;&nbsp; 784783 |
| St. Paul Port Authority | St. Paul Port Authority | St. Paul Port Authority | St. Paul Port Authority |
| Revenue Bonds | Revenue Bonds | Revenue Bonds | Revenue Bonds |
| Series 2017-3 | Series 2017-3 | Series 2017-3 | Series 2017-3 |
| 10/01/2042 | &nbsp;&nbsp; 4.000% | 1360000 | &nbsp;&nbsp; 1214254 |
| Series 2024-1 | Series 2024-1 | Series 2024-1 | Series 2024-1 |
| 10/01/2046 | &nbsp;&nbsp; 5.000% | 1120000 | &nbsp;&nbsp; 1138493 |
| St. Paul Port Authority<sup>(a)</sup>  | St. Paul Port Authority<sup>(a)</sup>  | St. Paul Port Authority<sup>(a)</sup>  | St. Paul Port Authority<sup>(a)</sup>  |
| Revenue Bonds | Revenue Bonds | Revenue Bonds | Revenue Bonds |
| Series 2017-4 | Series 2017-4 | Series 2017-4 | Series 2017-4 |
| 10/01/2040 | &nbsp;&nbsp; 4.000% | 1000000 | &nbsp;&nbsp; 862664 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **6347056** |
| **Refunded / Escrowed 0.7%** | **Refunded / Escrowed 0.7%** | **Refunded / Escrowed 0.7%** | **Refunded / Escrowed 0.7%** |
| Housing & Redevelopment Authority of The City of St. Paul | Housing & Redevelopment Authority of The City of St. Paul | Housing & Redevelopment Authority of The City of St. Paul | Housing & Redevelopment Authority of The City of St. Paul |
| Prerefunded 11/15/25 Revenue Bonds | Prerefunded 11/15/25 Revenue Bonds | Prerefunded 11/15/25 Revenue Bonds | Prerefunded 11/15/25 Revenue Bonds |
| HealthEast Care System Project | HealthEast Care System Project | HealthEast Care System Project | HealthEast Care System Project |
| Series 2015 | Series 2015 | Series 2015 | Series 2015 |
| 11/15/2027 | &nbsp;&nbsp; 5.000% | 2500000 | &nbsp;&nbsp; 2521261 |
| 11/15/2044 | &nbsp;&nbsp; 5.000% | 1000000 | &nbsp;&nbsp; 1008504 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **3529765** |
| **Retirement Communities 6.0%** | **Retirement Communities 6.0%** | **Retirement Communities 6.0%** | **Retirement Communities 6.0%** |
| City of Anoka | City of Anoka | City of Anoka | City of Anoka |
| Refunding Revenue Bonds | Refunding Revenue Bonds | Refunding Revenue Bonds | Refunding Revenue Bonds |
| Homestead at Anoka, Inc. Project | Homestead at Anoka, Inc. Project | Homestead at Anoka, Inc. Project | Homestead at Anoka, Inc. Project |
| Series 2017 | Series 2017 | Series 2017 | Series 2017 |
| 11/01/2035 | &nbsp;&nbsp; 4.750% | 1000000 | &nbsp;&nbsp; 932832 |
| 11/01/2046 | &nbsp;&nbsp; 5.000% | 1500000 | &nbsp;&nbsp; 1295252 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Municipal Bonds (continued)** | **Municipal Bonds (continued)** | **Municipal Bonds (continued)** | **Municipal Bonds (continued)** |
| **Issue Description** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| City of Apple Valley | City of Apple Valley | City of Apple Valley | City of Apple Valley |
| Refunding Revenue Bonds | Refunding Revenue Bonds | Refunding Revenue Bonds | Refunding Revenue Bonds |
| Apple Valley Senior Housing | Apple Valley Senior Housing | Apple Valley Senior Housing | Apple Valley Senior Housing |
| Series 2018 | Series 2018 | Series 2018 | Series 2018 |
| 09/01/2053 | &nbsp;&nbsp; 4.500% | 3000000 | &nbsp;&nbsp; 2449848 |
| Revenue Bonds | Revenue Bonds | Revenue Bonds | Revenue Bonds |
| Orchard Path Phase II Project | Orchard Path Phase II Project | Orchard Path Phase II Project | Orchard Path Phase II Project |
| Series 2021 | Series 2021 | Series 2021 | Series 2021 |
| 09/01/2051 | &nbsp;&nbsp; 4.000% | 500000 | &nbsp;&nbsp; 378730 |
| 09/01/2061 | &nbsp;&nbsp; 4.000% | 870000 | &nbsp;&nbsp; 626037 |
| City of Bethel Housing and Health Care Facilities | City of Bethel Housing and Health Care Facilities | City of Bethel Housing and Health Care Facilities | City of Bethel Housing and Health Care Facilities |
| Refunding Revenue Bonds | Refunding Revenue Bonds | Refunding Revenue Bonds | Refunding Revenue Bonds |
| Ecumen Obligated Group | Ecumen Obligated Group | Ecumen Obligated Group | Ecumen Obligated Group |
| Series 2024 | Series 2024 | Series 2024 | Series 2024 |
| 03/01/2054 | &nbsp;&nbsp; 6.250% | 1250000 | &nbsp;&nbsp; 1186936 |
| City of Cloquet | City of Cloquet | City of Cloquet | City of Cloquet |
| Refunding Revenue Bonds | Refunding Revenue Bonds | Refunding Revenue Bonds | Refunding Revenue Bonds |
| HADC Cloquet LLC Project | HADC Cloquet LLC Project | HADC Cloquet LLC Project | HADC Cloquet LLC Project |
| Series 2021 | Series 2021 | Series 2021 | Series 2021 |
| 08/01/2041 | &nbsp;&nbsp; 4.000% | 500000 | &nbsp;&nbsp; 380049 |
| 08/01/2048 | &nbsp;&nbsp; 4.000% | 500000 | &nbsp;&nbsp; 344775 |
| City of Landfall Village | City of Landfall Village | City of Landfall Village | City of Landfall Village |
| Revenue Bonds | Revenue Bonds | Revenue Bonds | Revenue Bonds |
| Pines of Richfield Project (The) | Pines of Richfield Project (The) | Pines of Richfield Project (The) | Pines of Richfield Project (The) |
| Series 2024 | Series 2024 | Series 2024 | Series 2024 |
| 08/01/2034 | &nbsp;&nbsp; 5.250% | 1250000 | &nbsp;&nbsp; 1216074 |
| City of Maple Plain | City of Maple Plain | City of Maple Plain | City of Maple Plain |
| Revenue Bonds | Revenue Bonds | Revenue Bonds | Revenue Bonds |
| Haven Homes, Inc. Project | Haven Homes, Inc. Project | Haven Homes, Inc. Project | Haven Homes, Inc. Project |
| Series 2019 | Series 2019 | Series 2019 | Series 2019 |
| 07/01/2057 | &nbsp;&nbsp; 4.650% | 1250000 | &nbsp;&nbsp; 1011378 |
| City of Moorhead | City of Moorhead | City of Moorhead | City of Moorhead |
| Refunding Revenue Bonds | Refunding Revenue Bonds | Refunding Revenue Bonds | Refunding Revenue Bonds |
| Evercare Senior Living LLC | Evercare Senior Living LLC | Evercare Senior Living LLC | Evercare Senior Living LLC |
| Series 2012 | Series 2012 | Series 2012 | Series 2012 |
| 09/01/2037 | &nbsp;&nbsp; 5.125% | 1000000 | &nbsp;&nbsp; 852272 |
| City of North Oaks | City of North Oaks | City of North Oaks | City of North Oaks |
| Refunding Revenue Bonds | Refunding Revenue Bonds | Refunding Revenue Bonds | Refunding Revenue Bonds |
| Waverly Gardens Project | Waverly Gardens Project | Waverly Gardens Project | Waverly Gardens Project |
| Series 2016 | Series 2016 | Series 2016 | Series 2016 |
| 10/01/2041 | &nbsp;&nbsp; 4.250% | 5000000 | &nbsp;&nbsp; 4504285 |
| 10/01/2047 | &nbsp;&nbsp; 5.000% | 2000000 | &nbsp;&nbsp; 1901699 |
| City of Red Wing | City of Red Wing | City of Red Wing | City of Red Wing |
| Revenue Bonds | Revenue Bonds | Revenue Bonds | Revenue Bonds |
| Benedictine Living Community | Benedictine Living Community | Benedictine Living Community | Benedictine Living Community |
| Series 2018 | Series 2018 | Series 2018 | Series 2018 |
| 08/01/2047 | &nbsp;&nbsp; 5.000% | 1500000 | &nbsp;&nbsp; 1228594 |
| 08/01/2053 | &nbsp;&nbsp; 5.000% | 600000 | &nbsp;&nbsp; 469609 |
| City of Rochester | City of Rochester | City of Rochester | City of Rochester |
| Revenue Bonds | Revenue Bonds | Revenue Bonds | Revenue Bonds |
| Homestead Rochester, Inc. Project | Homestead Rochester, Inc. Project | Homestead Rochester, Inc. Project | Homestead Rochester, Inc. Project |
| Series 2015 | Series 2015 | Series 2015 | Series 2015 |
| 12/01/2049 | &nbsp;&nbsp; 5.000% | 2400000 | &nbsp;&nbsp; 1941297 |

---

Columbia Minnesota Tax-Exempt Fund \| 2025

------

Portfolio of Investments (continued)

Columbia Minnesota Tax-Exempt Fund, April 30, 2025 (Unaudited)

---

| | | | |
|:---|:---|:---|:---|
| **Municipal Bonds (continued)** | **Municipal Bonds (continued)** | **Municipal Bonds (continued)** | **Municipal Bonds (continued)** |
| **Issue Description** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| City of Sartell | City of Sartell | City of Sartell | City of Sartell |
| Refunding Revenue Bonds | Refunding Revenue Bonds | Refunding Revenue Bonds | Refunding Revenue Bonds |
| Country Manor Campus LLC | Country Manor Campus LLC | Country Manor Campus LLC | Country Manor Campus LLC |
| Series 2017 | Series 2017 | Series 2017 | Series 2017 |
| 09/01/2042 | &nbsp;&nbsp; 4.500% | 2000000 | &nbsp;&nbsp; 1694989 |
| 09/01/2042 | &nbsp;&nbsp; 5.000% | 875000 | &nbsp;&nbsp; 788576 |
| City of St. Joseph | City of St. Joseph | City of St. Joseph | City of St. Joseph |
| Revenue Bonds | Revenue Bonds | Revenue Bonds | Revenue Bonds |
| Woodcrest of Country Manor Project | Woodcrest of Country Manor Project | Woodcrest of Country Manor Project | Woodcrest of Country Manor Project |
| Series 2019 | Series 2019 | Series 2019 | Series 2019 |
| 07/01/2055 | &nbsp;&nbsp; 5.000% | 1500000 | &nbsp;&nbsp; 1289080 |
| City of St. Paul Park | City of St. Paul Park | City of St. Paul Park | City of St. Paul Park |
| Refunding Revenue Bonds | Refunding Revenue Bonds | Refunding Revenue Bonds | Refunding Revenue Bonds |
| Presbyterian Homes Bloomington | Presbyterian Homes Bloomington | Presbyterian Homes Bloomington | Presbyterian Homes Bloomington |
| Series 2017 | Series 2017 | Series 2017 | Series 2017 |
| 09/01/2036 | &nbsp;&nbsp; 4.200% | 275000 | &nbsp;&nbsp; 256341 |
| 09/01/2037 | &nbsp;&nbsp; 4.250% | 300000 | &nbsp;&nbsp; 278063 |
| 09/01/2042 | &nbsp;&nbsp; 5.000% | 1000000 | &nbsp;&nbsp; 966386 |
| City of Wayzata | City of Wayzata | City of Wayzata | City of Wayzata |
| Refunding Revenue Bonds | Refunding Revenue Bonds | Refunding Revenue Bonds | Refunding Revenue Bonds |
| Folkstone Senior Living Co. | Folkstone Senior Living Co. | Folkstone Senior Living Co. | Folkstone Senior Living Co. |
| Series 2019 | Series 2019 | Series 2019 | Series 2019 |
| 08/01/2054 | &nbsp;&nbsp; 5.000% | 1625000 | &nbsp;&nbsp; 1514600 |
| Dakota County Community Development Agency<sup>(c)</sup>  | Dakota County Community Development Agency<sup>(c)</sup>  | Dakota County Community Development Agency<sup>(c)</sup>  | Dakota County Community Development Agency<sup>(c)</sup>  |
| Refunding Revenue Bonds | Refunding Revenue Bonds | Refunding Revenue Bonds | Refunding Revenue Bonds |
| Walker Highviews Hills LLC | Walker Highviews Hills LLC | Walker Highviews Hills LLC | Walker Highviews Hills LLC |
| Series 2016 | Series 2016 | Series 2016 | Series 2016 |
| 08/01/2051 | &nbsp;&nbsp; 5.000% | 1500000 | &nbsp;&nbsp; 1345022 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **28852724** |
| **Sales Tax 1.5%** | **Sales Tax 1.5%** | **Sales Tax 1.5%** | **Sales Tax 1.5%** |
| City of St. Paul Sales & Use Tax | City of St. Paul Sales & Use Tax | City of St. Paul Sales & Use Tax | City of St. Paul Sales & Use Tax |
| Refunding Revenue Bonds | Refunding Revenue Bonds | Refunding Revenue Bonds | Refunding Revenue Bonds |
| Neighborhood and Economic Development Projects | Neighborhood and Economic Development Projects | Neighborhood and Economic Development Projects | Neighborhood and Economic Development Projects |
| Series 2024 | Series 2024 | Series 2024 | Series 2024 |
| 11/01/2042 | &nbsp;&nbsp; 5.000% | 2000000 | &nbsp;&nbsp; 2108991 |
| Commonwealth of Puerto Rico<sup>(e),(f)</sup>  | Commonwealth of Puerto Rico<sup>(e),(f)</sup>  | Commonwealth of Puerto Rico<sup>(e),(f)</sup>  | Commonwealth of Puerto Rico<sup>(e),(f)</sup>  |
| Revenue Notes | Revenue Notes | Revenue Notes | Revenue Notes |
| Series 2022 | Series 2022 | Series 2022 | Series 2022 |
| 11/01/2051 | &nbsp;&nbsp; 0.000% | 1046818 | &nbsp;&nbsp; 641176 |
| Subordinated Series 2022 | Subordinated Series 2022 | Subordinated Series 2022 | Subordinated Series 2022 |
| 11/01/2043 | &nbsp;&nbsp; 0.000% | 766041 | &nbsp;&nbsp; 457709 |
| Puerto Rico Sales Tax Financing Corp.<sup>(e),(f)</sup>  | Puerto Rico Sales Tax Financing Corp.<sup>(e),(f)</sup>  | Puerto Rico Sales Tax Financing Corp.<sup>(e),(f)</sup>  | Puerto Rico Sales Tax Financing Corp.<sup>(e),(f)</sup>  |
| Revenue Bonds | Revenue Bonds | Revenue Bonds | Revenue Bonds |
| Series 2018A-1 | Series 2018A-1 | Series 2018A-1 | Series 2018A-1 |
| 07/01/2051 | &nbsp;&nbsp; 0.000% | 12501000 | &nbsp;&nbsp; 2952148 |
| Puerto Rico Sales Tax Financing Corp.<sup>(f)</sup>  | Puerto Rico Sales Tax Financing Corp.<sup>(f)</sup>  | Puerto Rico Sales Tax Financing Corp.<sup>(f)</sup>  | Puerto Rico Sales Tax Financing Corp.<sup>(f)</sup>  |
| Revenue Bonds | Revenue Bonds | Revenue Bonds | Revenue Bonds |
| Series 2019A1 | Series 2019A1 | Series 2019A1 | Series 2019A1 |
| 07/01/2058 | &nbsp;&nbsp; 5.000% | 1000000 | &nbsp;&nbsp; 954781 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **7114805** |

---

---

| | | | |
|:---|:---|:---|:---|
| **Municipal Bonds (continued)** | **Municipal Bonds (continued)** | **Municipal Bonds (continued)** | **Municipal Bonds (continued)** |
| **Issue Description** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| **Single Family 5.0%** | **Single Family 5.0%** | **Single Family 5.0%** | **Single Family 5.0%** |
| Minneapolis/St. Paul Housing Finance Board | Minneapolis/St. Paul Housing Finance Board | Minneapolis/St. Paul Housing Finance Board | Minneapolis/St. Paul Housing Finance Board |
| Mortgage-Backed Revenue Bonds | Mortgage-Backed Revenue Bonds | Mortgage-Backed Revenue Bonds | Mortgage-Backed Revenue Bonds |
| City Living | City Living | City Living | City Living |
| Series 2011A (GNMA) | Series 2011A (GNMA) | Series 2011A (GNMA) | Series 2011A (GNMA) |
| 12/01/2027 | &nbsp;&nbsp; 4.450% | 15000 | &nbsp;&nbsp; 15002 |
| Minnesota Housing Finance Agency | Minnesota Housing Finance Agency | Minnesota Housing Finance Agency | Minnesota Housing Finance Agency |
| Revenue Bonds | Revenue Bonds | Revenue Bonds | Revenue Bonds |
| Mortgage-Backed Securities Pass-Through Program | Mortgage-Backed Securities Pass-Through Program | Mortgage-Backed Securities Pass-Through Program | Mortgage-Backed Securities Pass-Through Program |
| Series 2019 (GNMA) | Series 2019 (GNMA) | Series 2019 (GNMA) | Series 2019 (GNMA) |
| 03/01/2049 | &nbsp;&nbsp; 3.450% | 496712 | &nbsp;&nbsp; 443329 |
| 06/01/2049 | &nbsp;&nbsp; 3.150% | 682014 | &nbsp;&nbsp; 593659 |
| Series 2016 (GNMA / FNMA) | Series 2016 (GNMA / FNMA) | Series 2016 (GNMA / FNMA) | Series 2016 (GNMA / FNMA) |
| 02/01/2046 | &nbsp;&nbsp; 2.950% | 1673187 | &nbsp;&nbsp; 1403729 |
| Series 2020B (GNMA) | Series 2020B (GNMA) | Series 2020B (GNMA) | Series 2020B (GNMA) |
| 01/01/2044 | &nbsp;&nbsp; 2.800% | 2950000 | &nbsp;&nbsp; 2132865 |
| Series 2020E (GNMA) | Series 2020E (GNMA) | Series 2020E (GNMA) | Series 2020E (GNMA) |
| 07/01/2044 | &nbsp;&nbsp; 2.700% | 2220000 | &nbsp;&nbsp; 1592750 |
| Series 2020G | Series 2020G | Series 2020G | Series 2020G |
| 01/01/2051 | &nbsp;&nbsp; 2.550% | 3445000 | &nbsp;&nbsp; 2127602 |
| Series 2021H | Series 2021H | Series 2021H | Series 2021H |
| 07/01/2041 | &nbsp;&nbsp; 2.350% | 1680000 | &nbsp;&nbsp; 1190856 |
| Social Bonds | Social Bonds | Social Bonds | Social Bonds |
| Series 2021F | Series 2021F | Series 2021F | Series 2021F |
| 07/01/2046 | &nbsp;&nbsp; 2.400% | 4380000 | &nbsp;&nbsp; 2847203 |
| Series 2021H | Series 2021H | Series 2021H | Series 2021H |
| 01/01/2046 | &nbsp;&nbsp; 2.550% | 5580000 | &nbsp;&nbsp; 3743683 |
| Series 2022A (GNMA) | Series 2022A (GNMA) | Series 2022A (GNMA) | Series 2022A (GNMA) |
| 07/01/2042 | &nbsp;&nbsp; 2.750% | 2230000 | &nbsp;&nbsp; 1704131 |
| Series 2023B (GNMA) | Series 2023B (GNMA) | Series 2023B (GNMA) | Series 2023B (GNMA) |
| 07/01/2043 | &nbsp;&nbsp; 4.300% | 2895000 | &nbsp;&nbsp; 2883023 |
| Series 2023D (GNMA) | Series 2023D (GNMA) | Series 2023D (GNMA) | Series 2023D (GNMA) |
| 07/01/2043 | &nbsp;&nbsp; 4.500% | 2980000 | &nbsp;&nbsp; 2986585 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **23664417** |
| **Special Non Property Tax 0.8%** | **Special Non Property Tax 0.8%** | **Special Non Property Tax 0.8%** | **Special Non Property Tax 0.8%** |
| State of Minnesota Department of Iron Range Resources and Rehabilitation | State of Minnesota Department of Iron Range Resources and Rehabilitation | State of Minnesota Department of Iron Range Resources and Rehabilitation | State of Minnesota Department of Iron Range Resources and Rehabilitation |
| Revenue Bonds | Revenue Bonds | Revenue Bonds | Revenue Bonds |
| Series 2024A | Series 2024A | Series 2024A | Series 2024A |
| 10/01/2044 | &nbsp;&nbsp; 5.000% | 3670000 | &nbsp;&nbsp; 3881135 |
| **State General Obligation 3.3%** | **State General Obligation 3.3%** | **State General Obligation 3.3%** | **State General Obligation 3.3%** |
| State of Minnesota | State of Minnesota | State of Minnesota | State of Minnesota |
| Unlimited General Obligation Bonds | Unlimited General Obligation Bonds | Unlimited General Obligation Bonds | Unlimited General Obligation Bonds |
| Series 2018A | Series 2018A | Series 2018A | Series 2018A |
| 08/01/2038 | &nbsp;&nbsp; 5.000% | 1400000 | &nbsp;&nbsp; 1456626 |
| Series 2021B | Series 2021B | Series 2021B | Series 2021B |
| 09/01/2040 | &nbsp;&nbsp; 2.000% | 5000000 | &nbsp;&nbsp; 3464040 |

---

Columbia Minnesota Tax-Exempt Fund \| 2025

------

Portfolio of Investments (continued)

Columbia Minnesota Tax-Exempt Fund, April 30, 2025 (Unaudited)

---

| | | | |
|:---|:---|:---|:---|
| **Municipal Bonds (continued)** | **Municipal Bonds (continued)** | **Municipal Bonds (continued)** | **Municipal Bonds (continued)** |
| **Issue Description** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| Series 2023A | Series 2023A | Series 2023A | Series 2023A |
| 08/01/2040 | &nbsp;&nbsp; 5.000% | 1755000 | &nbsp;&nbsp; 1905746 |
| 08/01/2041 | &nbsp;&nbsp; 5.000% | 2000000 | &nbsp;&nbsp; 2157399 |
| Series 2023B | Series 2023B | Series 2023B | Series 2023B |
| 08/01/2043 | &nbsp;&nbsp; 4.000% | 7000000 | &nbsp;&nbsp; 6789519 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **15773330** |
| **Student Loan 0.7%** | **Student Loan 0.7%** | **Student Loan 0.7%** | **Student Loan 0.7%** |
| Minnesota Office of Higher Education<sup>(a)</sup>  | Minnesota Office of Higher Education<sup>(a)</sup>  | Minnesota Office of Higher Education<sup>(a)</sup>  | Minnesota Office of Higher Education<sup>(a)</sup>  |
| Refunding Revenue Bonds | Refunding Revenue Bonds | Refunding Revenue Bonds | Refunding Revenue Bonds |
| Series 2020 | Series 2020 | Series 2020 | Series 2020 |
| 11/01/2038 | &nbsp;&nbsp; 2.650% | 1605000 | &nbsp;&nbsp; 1425459 |
| Supplemental Student Loan Program | Supplemental Student Loan Program | Supplemental Student Loan Program | Supplemental Student Loan Program |
| Series 2023 | Series 2023 | Series 2023 | Series 2023 |
| 11/01/2042 | &nbsp;&nbsp; 4.000% | 2300000 | &nbsp;&nbsp; 2077479 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **3502938** |
| &nbsp;&nbsp; Total Municipal Bonds <br>(Cost $519,803,629) | &nbsp;&nbsp; Total Municipal Bonds <br>(Cost $519,803,629) | &nbsp;&nbsp; Total Municipal Bonds <br>(Cost $519,803,629) | &nbsp;&nbsp; **470176754** |

---

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

---

| | | |
|:---|:---|:---|
| **Money Market Funds 0.8%** | **Money Market Funds 0.8%** | **Money Market Funds 0.8%** |
|  | **Shares** | **Value ($)** |
| &nbsp;&nbsp; BlackRock Liquidity Funds MuniCash, Institutional <br> Shares, 3.053%<sup>(h)</sup> <br>| &nbsp;&nbsp; 3711397 | &nbsp;&nbsp; 3711768 |
| &nbsp;&nbsp; Total Money Market Funds <br>(Cost $3,711,397) | &nbsp;&nbsp; Total Money Market Funds <br>(Cost $3,711,397) | &nbsp;&nbsp; **3711768** |
| **Total Investments in Securities** <br>**(Cost: $523,515,026)** | **Total Investments in Securities** <br>**(Cost: $523,515,026)** | &nbsp;&nbsp; **473888522** |
| **Other Assets & Liabilities, Net** |  | &nbsp;&nbsp; **3499318** |
| **Net Assets** | **Net Assets** | &nbsp;&nbsp; **477387840** |

---

**Notes to Portfolio of Investments** 

&nbsp;&nbsp;&nbsp;&nbsp;(a) Income from this security may be subject to alternative minimum tax.

&nbsp;&nbsp;&nbsp;&nbsp;(b) Represents a variable rate security with a step coupon where the rate adjusts according
 to a schedule for a series of periods, typically lower for an initial period and then
 increasing to a higher coupon rate thereafter. The interest rate shown was the current rate as
 of April 30, 2025.

&nbsp;&nbsp;&nbsp;&nbsp;(c) Represents privately placed and other securities and instruments exempt from Securities
 and Exchange Commission registration (collectively, private placements), such as Section 4(a)(2) and Rule 144A eligible securities, which are often sold only to qualified
 institutional buyers. At April 30, 2025, the total value of these securities amounted
 to $6,108,523, which represents 1.28% of total net assets.

&nbsp;&nbsp;&nbsp;&nbsp;(d) Represents a variable rate security where the coupon rate adjusts on specified dates
 (generally daily or weekly) using the prevailing money market rate. The interest rate
 shown was the current rate as of April 30, 2025.

&nbsp;&nbsp;&nbsp;&nbsp;(e) Zero coupon bond.

&nbsp;&nbsp;&nbsp;&nbsp;(f) Municipal obligations include debt obligations issued by or on behalf of territories,
 possessions, or sovereign nations within the territorial boundaries of the United
 States. At April 30, 2025, the total value of these securities amounted to $6,720,764, which
 represents 1.41% of total net assets.

&nbsp;&nbsp;&nbsp;&nbsp;(g) Represents a security in default.

&nbsp;&nbsp;&nbsp;&nbsp;(h) The rate shown is the seven-day current annualized yield at April 30, 2025.

**Abbreviation Legend** 

FNMA Federal National Mortgage Association <br> GNMA Government National Mortgage Association <br> NPFGC National Public Finance Guarantee Corporation

Investments are valued using policies described in the Notes to Financial Statements in the most recent shareholder report.

Columbia Minnesota Tax-Exempt Fund \| 2025

------

[THIS PAGE INTENTIONALLY LEFT BLANK]

------

You may at any time request, free of charge, to receive a paper copy of this report by calling 800.345.6611.

3QT199_07_R01_(06/25)

------

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Columbia Funds Series Trust II

- **b. Investment Company Act file number:** 811-21852

- **c. CIK number of Registrant:** 0001352280

- **d. LEI of Registrant:** 549300ETFU8G7TK7WT48

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

  - **Street Address 1:** 290 Congress Street

  - **City:** Boston

  - **State:** MA

  - **Foreign country:** US

  - **Zip / Postal Code:** 02110

  - **Telephone number:** 800-345-6611

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

- **a. Name of Series:** Columbia Minnesota Tax-Exempt Fund

- **b. EDGAR series identifier (if any):** S000031366

- **c. LEI of Series:** QQVS4G8ACLU0YUIKNS89

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

- **a. Date of fiscal year-end:** 2025-07-31

- **b. Date as of which information is reported:** 2025-04-30

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $479649557.90

**Total Liabilities:** $1529436.88

**Net Assets:** $478120121.02

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 0.000000000000 | **1-Year:** 656.694900000000 | **5-Year:** 2.070000000000 | **10-Year:** 68713.897600000000 | **30-Year:** 70885.174400000000

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

- **3-Month:** 9.912600000000 | **1-Year:** 265.859100000000 | **5-Year:** 6555.514200000000 | **10-Year:** 177862.041700000000 | **30-Year:** 105582.150600000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000097521 | 1.31%                | -2.46%               | -0.98%               |
| Class ID C000097523 | 1.25%                | -2.53%               | -1.04%               |
| Class ID C000097524 | 1.38%                | -2.50%               | -0.96%               |
| Class ID C000136871 | 1.38%                | -2.50%               | -0.96%               |
| Class ID C000177153 | 1.38%                | -2.49%               | -0.95%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-522148.66              | $6168421.73                                |
| Month 2  | $112.20                  | $-14415279.65                              |
| Month 3  | $-1954427.98             | $-4805033.06                               |

**Designated Index Information**

- **Index Name:** BBG Municipal Bond Index -- Minnesota (Risk Basis: MUNI) JJK Priced

- **Index Identifier:** MBMNINDEX

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| ROCHESTER MINN HSG & HEALTHCARE                                  | City of Rochester MN                                                   | CUSIP: 771906DC5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2400000 | PA      | $1941296.64   | 0.41%             | 2049-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ROSEVILLE MINN INDPT SCH DIST NO 623                             | Roseville Independent School District No 623                           | CUSIP: 778102V67<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10001720.00  | 2.09%             | 2038-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| RUSSELL-TYLER-RUTHTON INDPT SCH DIST NO 2902                     | Russell Tyler Ruthton Independent School District No 2902              | CUSIP: 78271CAQ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1950000 | PA      | $1787090.37   | 0.37%             | 2035-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| RUSSELL-TYLER-RUTHTON INDPT SCH DIST NO 2902                     | Russell Tyler Ruthton Independent School District No 2902              | CUSIP: 78271CAR2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $912395.50    | 0.19%             | 2036-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| RUSSELL-TYLER-RUTHTON INDPT SCH DIST NO 2902                     | Russell Tyler Ruthton Independent School District No 2902              | CUSIP: 78271CAS0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1035000 | PA      | $911158.94    | 0.19%             | 2037-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| ST ANTHONY MINN                                                  | City of St Anthony MN                                                  | CUSIP: 787285BR5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3000156.60   | 0.63%             | 2030-12-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| ST CLOUD MINN HEALTH CARE REV                                    | City of St Cloud MN                                                    | CUSIP: 78916VDR8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3875000 | PA      | $3743547.60   | 0.78%             | 2046-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ST CLOUD MINN HEALTH CARE REV                                    | City of St Cloud MN                                                    | CUSIP: 78916VDU1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3175000 | PA      | $3015166.06   | 0.63%             | 2037-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ST CLOUD MINN                                                    | City of St Cloud MN                                                    | CUSIP: 78916VEU0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3520745.20   | 0.74%             | 2054-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ST CLOUD MINN HSG & REDEV AUTH                                   | St Cloud Housing & Redevelopment Authority                             | CUSIP: 78916XAZ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2274145.50   | 0.48%             | 2036-08-01      | Variable      | 3.81%                 | No            |                  2 | On Loan: No      |
| ST JOSEPH MINN                                                   | City of St Joseph MN                                                   | CUSIP: 790755AL6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1289079.60   | 0.27%             | 2055-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HOUSING AND REDEVELOPMENT AUTHORITY OF THE CITY OF SAINT PAUL MI | Housing & Redevelopment Authority of The City of St Paul Minnesota     | CUSIP: 792888KK4<br>LEI: 549300FQCUW4VH929113 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2521260.75   | 0.53%             | 2027-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ST PAUL HSG REDEV AUTH                                           | Housing & Redevelopment Authority of The City of St Paul Minnesota     | CUSIP: 792888KR9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1008504.30   | 0.21%             | 2044-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HOUSING AND REDEVELOPMENT AUTHORITY OF THE CITY OF SAINT PAUL MI | Housing & Redevelopment Authority of The City of St Paul Minnesota     | CUSIP: 792892JU6<br>LEI: 549300FQCUW4VH929113 | Long             | DBT              | MUN               | US        |   4870754 | PA      | $3708738.07   | 0.78%             | 2038-06-01      | Fixed         | 2.33%                 | No            |                  2 | On Loan: No      |
| MINNESOTA ST HIGHER ED FACS AUTH                                 | Minnesota Higher Education Facilities Authority                        | CUSIP: 60416H3W2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2287102.75   | 0.48%             | 2047-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MINNESOTA ST HSG FIN AGY                                         | Minnesota Higher Education Facilities Authority                        | CUSIP: 60416H4W1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2794416.60   | 0.58%             | 2041-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MINNESOTA ST HIGHER ED FACS AUTH                                 | Minnesota Higher Education Facilities Authority                        | CUSIP: 60416H4Y7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1954659.40   | 0.41%             | 2047-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MINNESOTA ST HIGHER ED FACS AUTH                                 | Minnesota Higher Education Facilities Authority                        | CUSIP: 60416H6K5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    900000 | PA      | $863479.17    | 0.18%             | 2042-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MINNESOTA ST HIGHER ED FACS AUTH                                 | Minnesota Higher Education Facilities Authority                        | CUSIP: 60416H6L3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $543022.80    | 0.11%             | 2048-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MINNESOTA ST HIGHER ED FACS AUTH                                 | Minnesota Higher Education Facilities Authority                        | CUSIP: 60416H8E7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    800000 | PA      | $803171.52    | 0.17%             | 2035-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| DULUTH MINN ECONOMIC DEV AUTH                                    | Duluth Economic Development Authority                                  | CUSIP: 26444CKE1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    375000 | PA      | $369494.33    | 0.08%             | 2038-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| DULUTH MINN ECONOMIC DEV AUTH                                    | Duluth Economic Development Authority                                  | CUSIP: 26444CKF8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    225000 | PA      | $219308.36    | 0.05%             | 2039-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| DULUTH MINN ECONOMIC DEV AUTH                                    | Duluth Economic Development Authority                                  | CUSIP: 26444CKL5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2420000 | PA      | $2486364.14   | 0.52%             | 2052-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| DULUTH MINN ECONOMIC DEV AUTH                                    | Duluth Economic Development Authority                                  | CUSIP: 26444VAF7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1625000 | PA      | $1517898.53   | 0.32%             | 2031-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| DULUTH MINN INDPT SCH DIST NO 709                                | Duluth Independent School District No 709                              | CUSIP: 264471LM3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1080000 | PA      | $778198.86    | 0.16%             | 2032-02-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| DULUTH MINN INDPT SCH DIST NO 709                                | Duluth Independent School District No 709                              | CUSIP: 264471LN1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1075000 | PA      | $731145.56    | 0.15%             | 2033-02-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| EDEN PRAIRIE MINN INDPT SCH DIST NO 272                          | Eden Prairie Independent School District No 272                        | CUSIP: 279533WP4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2467240.20   | 0.52%             | 2040-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| ELK RIVER MINN                                                   | City of Elk River MN                                                   | CUSIP: 2874072T6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1755000 | PA      | $1433477.16   | 0.30%             | 2042-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| ELK RIVER MINN INDPT SCH DIST NO 728                             | Elk River Independent School District No 728                           | CUSIP: 287425N32<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7000000 | PA      | $5766830.30   | 1.21%             | 2034-02-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| FOREST LAKE MINN CHARTER SCH L R                                 | City of Forest Lake MN                                                 | CUSIP: 345856AT5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000945.40   | 0.21%             | 2036-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FOREST LAKE MINN CHARTER SCH L R                                 | City of Forest Lake MN                                                 | CUSIP: 345856AV0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3600000 | PA      | $3529430.28   | 0.74%             | 2050-08-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| GIBBON MINN INDPT SCH DIST NO 2365                               | Gibbon Independent School District No 2365/MN                          | CUSIP: 374627DG9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2066409.60   | 0.43%             | 2048-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MINNESOTA ST HIGHER ED FACS AUTH                                 | Minnesota Higher Education Facilities Authority                        | CUSIP: 60416H8G2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $747203.48    | 0.16%             | 2037-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MINNESOTA ST HIGHER ED FACS AUTH                                 | Minnesota Higher Education Facilities Authority                        | CUSIP: 60416HK94<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    740000 | PA      | $745071.15    | 0.16%             | 2031-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MINNESOTA ST HIGHER ED FACS AUTH                                 | Minnesota Higher Education Facilities Authority                        | CUSIP: 60416HL28<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1006564.90   | 0.21%             | 2032-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MINNESOTA ST HIGHER ED FACS AUTH                                 | Minnesota Higher Education Facilities Authority                        | CUSIP: 60416HS70<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    370000 | PA      | $372110.74    | 0.08%             | 2031-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MINNESOTA ST HIGHER ED FACS AUTH                                 | Minnesota Higher Education Facilities Authority                        | CUSIP: 60416HS88<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    645000 | PA      | $648474.36    | 0.14%             | 2032-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ST PAUL HSG REDEV AUTH                                           | Housing & Redevelopment Authority of The City of St Paul Minnesota     | CUSIP: 792893HX0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1580000 | PA      | $1609441.88   | 0.34%             | 2036-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ST PAUL MINN INDPT SCH DIST NO 625                               | St Paul Independent School District No 625                             | CUSIP: 792897MR8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    565000 | PA      | $486139.73    | 0.10%             | 2039-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| ST PAUL MINN INDPT SCH DIST NO 625                               | St Paul Independent School District No 625                             | CUSIP: 792897PD6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4285000 | PA      | $3198040.33   | 0.67%             | 2040-02-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| HOUSING AND REDEVELOPMENT AUTHORITY OF THE CITY OF SAINT PAUL MI | Housing & Redevelopment Authority of The City of St Paul Minnesota     | CUSIP: 79289TER9<br>LEI: 549300FQCUW4VH929113 | Long             | DBT              | MUN               | US        |    125000 | PA      | $120643.58    | 0.03%             | 2028-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO ELECTRIC POWER AUTHORITY                             | SER A                                                                  | CUSIP: 74526QA28<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3090000 | PA      | $1714950.00   | 0.36%             | 2042-07-01      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO SALES TAX FINANCING CORP                             | Puerto Rico Sales Tax Financing Corp Sales Tax Revenue                 | CUSIP: 74529JPX7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $954781.30    | 0.20%             | 2058-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO SALES TAX FINANCING CORP                             | Puerto Rico Sales Tax Financing Corp Sales Tax Revenue                 | CUSIP: 74529JQH1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  12501000 | PA      | $2952147.40   | 0.62%             | 2051-07-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| RAMSEY MINN                                                      | City of Ramsey MN                                                      | CUSIP: 751814AA2<br>LEI: 549300PYUDKBK3S78343 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2858994.90   | 0.60%             | 2032-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| RED WING SENIOR HSG                                              | City of Red Wing MN                                                    | CUSIP: 757140AJ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1228594.50   | 0.26%             | 2047-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| RED WING SENIOR HSG                                              | City of Red Wing MN                                                    | CUSIP: 757140AK4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $469609.14    | 0.10%             | 2053-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| RICHFIELD MINN INDPT SCH DIST NO 280                             | Richfield Independent School District No 280                           | CUSIP: 763342UA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4889833.00   | 1.02%             | 2040-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ROCHESTER MINN                                                   | City of Rochester MN                                                   | CUSIP: 771902HM8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  13000000 | PA      | $13179166.00  | 2.76%             | 2057-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ROCHESTER MINN                                                   | City of Rochester MN                                                   | CUSIP: 771902HQ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4837750.50   | 1.01%             | 2053-11-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| ROCHESTER MINN                                                   | City of Rochester MN                                                   | CUSIP: 771902HR7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3259959.60   | 0.68%             | 2055-11-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| HOUSING AND REDEVELOPMENT AUTHORITY OF THE CITY OF SAINT PAUL MI | Housing & Redevelopment Authority of The City of St Paul Minnesota     | CUSIP: 79289WAS4<br>LEI: 549300FQCUW4VH929113 | Long             | DBT              | MUN               | US        |    850000 | PA      | $773751.77    | 0.16%             | 2034-08-01      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| HOUSING AND REDEVELOPMENT AUTHORITY OF THE CITY OF SAINT PAUL MI | Housing & Redevelopment Authority of The City of St Paul Minnesota     | CUSIP: 79289WAT2<br>LEI: 549300FQCUW4VH929113 | Long             | DBT              | MUN               | US        |    800000 | PA      | $720308.08    | 0.15%             | 2035-08-01      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| ST PAUL HSG REDEV AUTH                                           | Housing & Redevelopment Authority of The City of St Paul Minnesota     | CUSIP: 792905DJ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4872469.50   | 1.02%             | 2035-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| HOUSING AND REDEVELOPMENT AUTHORITY OF THE CITY OF SAINT PAUL MI | Housing & Redevelopment Authority of The City of St Paul Minnesota     | CUSIP: 792908CG8<br>LEI: 549300FQCUW4VH929113 | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1069319.64   | 0.22%             | 2038-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HOUSING AND REDEVELOPMENT AUTHORITY OF THE CITY OF SAINT PAUL MI | Housing & Redevelopment Authority of The City of St Paul Minnesota     | CUSIP: 792908CH6<br>LEI: 549300FQCUW4VH929113 | Long             | DBT              | MUN               | US        |   6250000 | PA      | $5151758.13   | 1.08%             | 2048-05-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| HOUSING AND REDEVELOPMENT AUTHORITY OF THE CITY OF SAINT PAUL MI | Housing & Redevelopment Authority of The City of St Paul Minnesota     | CUSIP: 792908DG7<br>LEI: 549300FQCUW4VH929113 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $808302.00    | 0.17%             | 2042-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| HOUSING AND REDEVELOPMENT AUTHORITY OF THE CITY OF SAINT PAUL MI | Housing & Redevelopment Authority of The City of St Paul Minnesota     | CUSIP: 792909FJ7<br>LEI: 549300FQCUW4VH929113 | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1134592.20   | 0.24%             | 2036-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| HOUSING AND REDEVELOPMENT AUTHORITY OF THE CITY OF SAINT PAUL MI | Housing & Redevelopment Authority of The City of St Paul Minnesota     | CUSIP: 792909FK4<br>LEI: 549300FQCUW4VH929113 | Long             | DBT              | MUN               | US        |    600000 | PA      | $558475.38    | 0.12%             | 2037-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| HOUSING AND REDEVELOPMENT AUTHORITY OF THE CITY OF SAINT PAUL MI | Housing & Redevelopment Authority of The City of St Paul Minnesota     | CUSIP: 792909FL2<br>LEI: 549300FQCUW4VH929113 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2556641.40   | 0.53%             | 2043-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ST PAUL MINN                                                     | City of St Paul MN Sales & Use Tax Revenue                             | CUSIP: 79307TEL0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2108991.20   | 0.44%             | 2042-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ST PAUL MINN PORT AUTH REV                                       | St Paul Port Authority                                                 | CUSIP: 79308GAA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1360000 | PA      | $1214254.38   | 0.25%             | 2042-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ST PAUL MINN PORT AUTH REV                                       | St Paul Port Authority                                                 | CUSIP: 79308GAB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $862664.30    | 0.18%             | 2040-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SAINT PAUL MINN PORT AUTH DIST                                   | St Paul Port Authority                                                 | CUSIP: 79308GBC0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1120000 | PA      | $1138493.10   | 0.24%             | 2046-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SARTELL MINN HEALTH CARE & HSG FACS                              | City of Sartell MN                                                     | CUSIP: 80380SAV2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    875000 | PA      | $788575.99    | 0.16%             | 2042-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HOUSING AND REDEVELOPMENT AUTHORITY OF THE CITY OF SAINT PAUL MI | Housing & Redevelopment Authority of The City of St Paul Minnesota     | CUSIP: 79289TES7<br>LEI: 549300FQCUW4VH929113 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $845831.20    | 0.18%             | 2043-03-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| SARTELL MINN HEALTH CARE & HSG FACS                              | City of Sartell MN                                                     | CUSIP: 80380SAW0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1694989.60   | 0.35%             | 2042-09-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| SARTELL MINN INDPT SCH DIST NO 748                               | Sartell-St Stephen Independent School District No 748                  | CUSIP: 803820LA5<br>LEI: 5493000PV4ZFGHUOYJ38 | Long             | DBT              | MUN               | US        |   1565000 | PA      | $1161637.53   | 0.24%             | 2032-02-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| SARTELL MINN INDPT SCH DIST NO 748                               | Sartell-St Stephen Independent School District No 748                  | CUSIP: 803820LB3<br>LEI: 5493000PV4ZFGHUOYJ38 | Long             | DBT              | MUN               | US        |   2585000 | PA      | $1819056.49   | 0.38%             | 2033-02-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| SARTELL MINN INDPT SCH DIST NO 748                               | Sartell-St Stephen Independent School District No 748                  | CUSIP: 803820LC1<br>LEI: 5493000PV4ZFGHUOYJ38 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $999941.85    | 0.21%             | 2034-02-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| SAUK RAPIDS MINN INDPT SCH DIST NO 47                            | Sauk Rapids-Rice Independent School District No 47                     | CUSIP: 804362MU2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2250000 | PA      | $1671662.70   | 0.35%             | 2040-02-01      | Fixed         | 2.62%                 | No            |                  2 | On Loan: No      |
| MINNESOTA ST HSG FIN AGY                                         | Minnesota Housing Finance Agency                                       | CUSIP: 60416TGV4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4380000 | PA      | $2847203.23   | 0.60%             | 2046-07-01      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| MINNESOTA ST HSG FIN AGY                                         | Minnesota Housing Finance Agency                                       | CUSIP: 60416TH76<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2980000 | PA      | $2986585.20   | 0.62%             | 2043-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| MINNESOTA ST HSG FIN AGY                                         | Minnesota Housing Finance Agency                                       | CUSIP: 60416TLQ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1680000 | PA      | $1190855.57   | 0.25%             | 2041-07-01      | Fixed         | 2.35%                 | No            |                  2 | On Loan: No      |
| MINNESOTA ST HSG FIN AGY                                         | Minnesota Housing Finance Agency                                       | CUSIP: 60416TLR7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5580000 | PA      | $3743683.38   | 0.78%             | 2046-01-01      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| HOUSING AND REDEVELOPMENT AUTHORITY OF THE CITY OF SAINT PAUL MI | Housing & Redevelopment Authority of The City of St Paul Minnesota     | CUSIP: 79289TFF4<br>LEI: 549300FQCUW4VH929113 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $744974.80    | 0.16%             | 2043-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HOUSING AND REDEVELOPMENT AUTHORITY OF THE CITY OF SAINT PAUL MI | Housing & Redevelopment Authority of The City of St Paul Minnesota     | CUSIP: 79289WAQ8<br>LEI: 549300FQCUW4VH929113 | Long             | DBT              | MUN               | US        |    500000 | PA      | $466369.20    | 0.10%             | 2032-08-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| HOUSING AND REDEVELOPMENT AUTHORITY OF THE CITY OF SAINT PAUL MI | Housing & Redevelopment Authority of The City of St Paul Minnesota     | CUSIP: 79289WAR6<br>LEI: 549300FQCUW4VH929113 | Long             | DBT              | MUN               | US        |    500000 | PA      | $458870.05    | 0.10%             | 2033-08-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| METROPOLITAN COUNCIL MINN MINNEAPOLIS                            | Metropolitan Council                                                   | CUSIP: 5918523E6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3550000 | PA      | $3464072.25   | 0.72%             | 2042-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MINNEAPOLIS MINN HEALTH CARE SYS REV                             | City of Minneapolis MN                                                 | CUSIP: 60374VDV2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6475000 | PA      | $6423387.78   | 1.34%             | 2044-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MINNEAPOLIS MINN HEALTH CARE SYS REV                             | City of Minneapolis MN                                                 | CUSIP: 60374VEC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7000000 | PA      | $6610603.30   | 1.38%             | 2037-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MINNEAPOLIS MINN HEALTH CARE SYS REV                             | City of Minneapolis MN                                                 | CUSIP: 60374VED1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1130000 | PA      | $1056648.54   | 0.22%             | 2038-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MINNEAPOLIS MINN                                                 | City of Minneapolis MN                                                 | CUSIP: 60375BLU8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4440000 | PA      | $4437251.20   | 0.93%             | 2040-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MINNEAPOLIS MINN ART CTR FACS                                    | City of Minneapolis MN                                                 | CUSIP: 60375CBA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1370015.40   | 0.29%             | 2052-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| MINNEAPOLIS MN CHARTER SCH LEA                                   | City of Minneapolis MN                                                 | CUSIP: 60375CBC7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    435000 | PA      | $368831.06    | 0.08%             | 2040-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MINNEAPOLIS MN CHARTER SCH LEA                                   | City of Minneapolis MN                                                 | CUSIP: 60375CBD5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1410000 | PA      | $1072173.45   | 0.22%             | 2055-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ANOKA-HENNEPIN MINN INDPT SCH DIST NO 11                         | Anoka-Hennepin Independent School District No 11                       | CUSIP: 0363034T9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $3913815.50   | 0.82%             | 2045-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| ANOKA MINN                                                       | City of Anoka MN                                                       | CUSIP: 036327AF1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $932832.00    | 0.20%             | 2035-11-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| ANOKA MINN                                                       | City of Anoka MN                                                       | CUSIP: 036327AG9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1295252.10   | 0.27%             | 2046-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| APPLE VALLEY MINN                                                | City of Apple Valley MN                                                | CUSIP: 03800RAT3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2449848.60   | 0.51%             | 2053-09-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| APPLE VALLEY MINN                                                | City of Apple Valley MN                                                | CUSIP: 03800RBF2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $378730.40    | 0.08%             | 2051-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| APPLE VALLEY MINN                                                | City of Apple Valley MN                                                | CUSIP: 03800RBG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    870000 | PA      | $626036.60    | 0.13%             | 2061-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BAYTOWN TWP MINN LEASE REV                                       | Township of Baytown MN                                                 | CUSIP: 073225AX2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $644129.10    | 0.13%             | 2041-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BAYTOWN TWP MINN LEASE REV                                       | Township of Baytown MN                                                 | CUSIP: 073225AY0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2935000 | PA      | $2482657.51   | 0.52%             | 2046-08-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| BECKER MINN INDPT SCH DIST NO 726                                | Becker Independent School District No 726                              | CUSIP: 075671MN4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1335000 | PA      | $801081.57    | 0.17%             | 2037-02-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| BECKER MINN INDPT SCH DIST NO 726                                | Becker Independent School District No 726                              | CUSIP: 075671MP9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1335000 | PA      | $755090.69    | 0.16%             | 2038-02-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| BETHEL MINN                                                      | City of Bethel MN                                                      | CUSIP: 086759AH0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    925000 | PA      | $908171.94    | 0.19%             | 2027-07-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| BETHEL MINN                                                      | City of Bethel MN                                                      | CUSIP: 086759AL1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $862078.50    | 0.18%             | 2047-07-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| BETHEL MINN                                                      | City of Bethel MN                                                      | CUSIP: 086759AM9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2255000 | PA      | $1902269.07   | 0.40%             | 2052-07-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| BETHEL MINN                                                      | City of Bethel MN Housing and Health Care Facilities Revenue           | CUSIP: 08675RAW7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1186935.88   | 0.25%             | 2054-03-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| BlackRock Liquidity Funds MuniCash                               | BlackRock Liquidity Funds MuniCash                                     | CUSIP: 09248U841<br>LEI: 549300RWBJ885673DL84 | Long             | STIV             | RF                | US        |   3711397 | NS      | $3711767.97   | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| BLOOMING PRAIRIE MINN SCH DIST NO 756                            | Blooming Prairie Independent School District No 756                    | CUSIP: 094311FS1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1375000 | PA      | $870305.84    | 0.18%             | 2045-02-01      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| CHIPPEWA CNTY MINN GROSS REV                                     | County of Chippewa MN                                                  | CUSIP: 169727BD5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7660000 | PA      | $7091317.77   | 1.48%             | 2037-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CLOQUET MINN                                                     | City of Cloquet MN                                                     | CUSIP: 189022CH7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $380048.70    | 0.08%             | 2041-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CLOQUET MINN                                                     | City of Cloquet MN                                                     | CUSIP: 189022CJ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $344774.65    | 0.07%             | 2048-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| COLOGNE MINN                                                     | City of Cologne MN                                                     | CUSIP: 195239AJ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $991798.30    | 0.21%             | 2034-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLOGNE MINN                                                     | City of Cologne MN                                                     | CUSIP: 195239AK4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2070000 | PA      | $1931621.95   | 0.40%             | 2045-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COON RAPIDS MINN                                                 | City of Coon Rapids MN                                                 | CUSIP: 21659AAA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1739387 | PA      | $1869145.05   | 0.39%             | 2039-12-01      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| CROOKSTON MINN                                                   | City of Crookston MN                                                   | CUSIP: 227235BJ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $285468.55    | 0.06%             | 2044-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CROOKSTON MINN                                                   | City of Crookston MN                                                   | CUSIP: 227235BL1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $799211.55    | 0.17%             | 2051-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CRYSTAL MINN                                                     | City of Crystal MN                                                     | CUSIP: 229358AP1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2493454.50   | 0.52%             | 2031-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| DAKOTA CNTY MINN CMNTY DEV AGY                                   | Dakota County Community Development Agency                             | CUSIP: 23409VFP0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1384031.10   | 0.29%             | 2043-05-01      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| DAKOTA CNTY MINN CMNTY DEV AGY                                   | Dakota County Community Development Agency                             | CUSIP: 23410LBX6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1345022.25   | 0.28%             | 2051-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DAKOTA CNTY MINN CMNTY DEV AGY                                   | Dakota County Community Development Agency                             | CUSIP: 23410TAJ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1551327.60   | 0.32%             | 2046-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DEEPHAVEN MINN                                                   | City of Deephaven MN                                                   | CUSIP: 24380HAR3<br>LEI: 5493005IOLNBTFT2MD86 | Long             | DBT              | MUN               | US        |    400000 | PA      | $400133.24    | 0.08%             | 2040-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| DEEPHAVEN MN CHARTER SCHOOL                                      | City of Deephaven MN                                                   | CUSIP: 24380HAS1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1500062.70   | 0.31%             | 2050-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| DEEPHAVEN MINN                                                   | City of Deephaven MN                                                   | CUSIP: 24380HBS0<br>LEI: 5493005IOLNBTFT2MD86 | Long             | DBT              | MUN               | US        |   1800000 | PA      | $1658007.36   | 0.35%             | 2061-06-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| DILWORTH-GLYNDON-FELTON MINN INDPT SCH DIST NO 2164              | Dilworth Glyndon Felton Independent School District No 2164            | CUSIP: 254278KR4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1025000 | PA      | $884085.05    | 0.18%             | 2038-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| DILWORTH-GLYNDON-FELTON MINN INDPT SCH DIST NO 2164              | Dilworth Glyndon Felton Independent School District No 2164            | CUSIP: 254278KT0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $828198.50    | 0.17%             | 2040-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| DILWORTH-GLYNDON-FELTON MINN INDPT SCH DIST NO 2164              | Dilworth Glyndon Felton Independent School District No 2164            | CUSIP: 254278KU7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1230000 | PA      | $1003238.06   | 0.21%             | 2041-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| DULUTH MINN ECONOMIC DEV AUTH                                    | Duluth Economic Development Authority                                  | CUSIP: 26444CGZ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $928120.20    | 0.19%             | 2043-02-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| DULUTH MINN ECONOMIC DEV AUTH                                    | Duluth Economic Development Authority                                  | CUSIP: 26444CHA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1615000 | PA      | $1591398.39   | 0.33%             | 2043-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DULUTH MINN ECONOMIC DEV AUTH                                    | Duluth Economic Development Authority                                  | CUSIP: 26444CHB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $904294.10    | 0.19%             | 2048-02-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| DULUTH MINN ECONOMIC DEV AUTH                                    | Duluth Economic Development Authority                                  | CUSIP: 26444CHC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1263575.43   | 0.26%             | 2048-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DULUTH MINN ECONOMIC DEV AUTH                                    | Duluth Economic Development Authority                                  | CUSIP: 26444CHG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6000000 | PA      | $5713864.20   | 1.20%             | 2058-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DULUTH MINN ECONOMIC DEV AUTH                                    | Duluth Economic Development Authority                                  | CUSIP: 26444CKD3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $347557.42    | 0.07%             | 2037-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MINNESOTA ST HIGHER ED FACS AUTH                                 | Minnesota Higher Education Facilities Authority                        | CUSIP: 60416HZ80<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $500257.30    | 0.10%             | 2035-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MINNESOTA ST HIGHER ED FACS AUTH                                 | Minnesota Higher Education Facilities Authority                        | CUSIP: 60416JBG4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    580000 | PA      | $525479.71    | 0.11%             | 2037-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MINNESOTA ST HIGHER ED FACS AUTH                                 | Minnesota Higher Education Facilities Authority                        | CUSIP: 60416JBH2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    920000 | PA      | $823065.21    | 0.17%             | 2038-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MINNESOTA ST HIGHER ED FACS AUTH                                 | Minnesota Higher Education Facilities Authority                        | CUSIP: 60416JBJ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2343661.25   | 0.49%             | 2045-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MINNESOTA ST HIGHER ED FACS AUTH                                 | Minnesota Higher Education Facilities Authority                        | CUSIP: 60416JCE8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2750000 | PA      | $2459702.58   | 0.51%             | 2044-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MINNESOTA ST HIGHER ED FACS AUTH                                 | Minnesota Higher Education Facilities Authority                        | CUSIP: 60416JCX6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1001054.28   | 0.21%             | 2040-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MINNESOTA ST HIGHER ED FACS AUTH                                 | Minnesota Higher Education Facilities Authority                        | CUSIP: 60416JDV9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    365000 | PA      | $306882.25    | 0.06%             | 2040-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| MINNESOTA ST HIGHER ED FACS AUTH                                 | Minnesota Higher Education Facilities Authority                        | CUSIP: 60416JDW7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    325000 | PA      | $258539.39    | 0.05%             | 2043-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| MINNESOTA ST HIGHER ED FACS AUTH                                 | Minnesota Higher Education Facilities Authority                        | CUSIP: 60416JGG9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7895000 | PA      | $7885930.22   | 1.65%             | 2052-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MINNESOTA ST HIGHER ED FACS AUTH                                 | Minnesota Higher Education Facilities Authority                        | CUSIP: 60416JGW4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1415000 | PA      | $1284823.54   | 0.27%             | 2052-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MINNESOTA ST HIGHER ED FACS AUTH                                 | Minnesota Higher Education Facilities Authority                        | CUSIP: 60416JHN3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2670000 | PA      | $2741627.56   | 0.57%             | 2053-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MINNESOTA ST OFFICE OF HIGHER ED                                 | Minnesota Office of Higher Education                                   | CUSIP: 60416MBS1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1605000 | PA      | $1425459.40   | 0.30%             | 2038-11-01      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| MINNESOTA ST OFFICE OF HIGHER ED                                 | Minnesota Office of Higher Education                                   | CUSIP: 60416MCA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2300000 | PA      | $2077478.45   | 0.43%             | 2042-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MINNESOTA ST HSG FIN AGY                                         | Minnesota Housing Finance Agency                                       | CUSIP: 60416QGG3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1673187 | PA      | $1403729.03   | 0.29%             | 2046-02-01      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| MINNESOTA ST HSG FIN AGY                                         | Minnesota Housing Finance Agency                                       | CUSIP: 60416QHL1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    496712 | PA      | $443328.62    | 0.09%             | 2049-03-01      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| MINNESOTA ST HSG FIN AGY                                         | Minnesota Housing Finance Agency                                       | CUSIP: 60416QHN7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    682014 | PA      | $593659.30    | 0.12%             | 2049-06-01      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| MINNESOTA ST HSG FIN AGY                                         | Minnesota Housing Finance Agency                                       | CUSIP: 60416S4D9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1200000 | PA      | $867606.12    | 0.18%             | 2044-01-01      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| MINNESOTA ST HSG FIN AGY                                         | Minnesota Housing Finance Agency                                       | CUSIP: 60416S6R6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3970000 | PA      | $2848295.56   | 0.60%             | 2044-07-01      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| MINNESOTA ST HSG FIN AGY                                         | Minnesota Housing Finance Agency                                       | CUSIP: 60416TBH0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3445000 | PA      | $2127602.03   | 0.44%             | 2051-01-01      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| MINNESOTA ST HSG FIN AGY                                         | Minnesota Housing Finance Agency                                       | CUSIP: 60416TD96<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2895000 | PA      | $2883022.81   | 0.60%             | 2043-07-01      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| MINNESOTA ST HSG FIN AGY                                         | Minnesota Housing Finance Agency                                       | CUSIP: 60416TPH5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2230000 | PA      | $1704131.44   | 0.36%             | 2042-07-01      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| MINNESOTA AGRIC & ECONOMIC DEV BRD                               | Minnesota Agricultural & Economic Development Board                    | CUSIP: 6049203E6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5250000 | PA      | $5386367.70   | 1.13%             | 2054-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| MOORHEAD MINN INDPT SCH DIST NO 152                              | Moorhead Independent School District No 152                            | CUSIP: 616157TG8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5600000 | PA      | $4616109.68   | 0.97%             | 2041-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| MOORHEAD MINN                                                    | City of Moorhead MN                                                    | CUSIP: 61615CAB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $852272.00    | 0.18%             | 2037-09-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| MOUNDS VIEW MINN INDPT SCH DIST NO 621                           | Mounds View Independent School District No 621                         | CUSIP: 620637Z76<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6455000 | PA      | $6151849.96   | 1.29%             | 2043-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NORTH OAKS MINN SN HSG REV                                       | City of North Oaks MN                                                  | CUSIP: 66126TBA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4504285.00   | 0.94%             | 2041-10-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| NORTH OAKS MINN SN HSG REV                                       | City of North Oaks MN                                                  | CUSIP: 66126TBB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1901699.60   | 0.40%             | 2047-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NORTH ST PAUL-MAPLEWOOD MINN INDPT SCH DIST NO 622               | North St Paul-Maplewood-Oakdale Independent School District No 622     | CUSIP: 662152FB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7050000 | PA      | $5627046.33   | 1.18%             | 2042-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| NORTHEAST MET INTER SCH DIST NO 916 MINN                         | Northeastern Metropolitan Intermediate School District No 916          | CUSIP: 664259DB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1001278.40   | 0.21%             | 2034-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NORTHEAST MET INTER SCH DIST NO 916 MINN                         | Northeastern Metropolitan Intermediate School District No 916          | CUSIP: 664259DE5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5250000 | PA      | $4801228.43   | 1.00%             | 2042-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NORTHERN MUN PWR AGY MINN                                        | Northern Municipal Power Agency                                        | CUSIP: 665444KX2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    170000 | PA      | $173270.58    | 0.04%             | 2035-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NORTHERN MUN PWR AGY MINN                                        | Northern Municipal Power Agency                                        | CUSIP: 665444KY0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    180000 | PA      | $183263.15    | 0.04%             | 2036-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NORTHWEST MINN MULTI-CNTY HSG & REDEV AUTH                       | Northwest Multi-County Housing & Redevelopment Authority               | CUSIP: 667579DA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2369892.25   | 0.50%             | 2045-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| OAK PARK HEIGHTS MINN                                            | City of Oak Park Heights MN                                            | CUSIP: 671576AW6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    385000 | PA      | $384047.39    | 0.08%             | 2025-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| PLATO MINN                                                       | City of Plato MN                                                       | CUSIP: 72766SAK7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1810000 | PA      | $1666059.57   | 0.35%             | 2037-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PLATO MINN                                                       | City of Plato MN                                                       | CUSIP: 72766SAL5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    675000 | PA      | $665090.06    | 0.14%             | 2041-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO COMMONWEALTH OF (GOVERNMENT)                         | Commonwealth of Puerto Rico                                            | CUSIP: 74514L3T2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    766041 | PA      | $457709.38    | 0.10%             | 2043-11-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO COMMONWEALTH OF (GOVERNMENT)                         | Commonwealth of Puerto Rico                                            | CUSIP: 74514L4C8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1046818 | PA      | $641176.06    | 0.13%             | 2051-11-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| SAVAGE MINN                                                      | City of Savage MN                                                      | CUSIP: 80466EAC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $962910.90    | 0.20%             | 2031-10-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| GLENCOE MINN HEALTH CARE FACS                                    | City of Glencoe MN                                                     | CUSIP: 378160BW4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1450000 | PA      | $1411269.34   | 0.30%             | 2031-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| HASTINGS MINN INDPT SCH DIST NO 200                              | Hastings Independent School District No 200                            | CUSIP: 418542PT7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1305000 | PA      | $995915.71    | 0.21%             | 2032-02-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| HASTINGS MINN INDPT SCH DIST NO 200                              | Hastings Independent School District No 200                            | CUSIP: 418542PU4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2140000 | PA      | $1558196.49   | 0.33%             | 2033-02-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| INDEPENDENCE MINN                                                | City of Independence MN                                                | CUSIP: 45362RAK3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1265564.40   | 0.26%             | 2041-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| INDEPENDENCE MINN                                                | City of Independence MN                                                | CUSIP: 45362RAL1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1091288.24   | 0.23%             | 2051-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| INDEPENDENCE MINN                                                | City of Independence MN                                                | CUSIP: 45362RAM9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1080000 | PA      | $820449.00    | 0.17%             | 2056-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| INDEPENDENCE MINN                                                | City of Independence MN                                                | CUSIP: 45362RAS6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2305000 | PA      | $1579395.68   | 0.33%             | 2056-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| LAC QUI PARLE VALLEY INDPT SCH DIST NO 2853 MINN                 | Lac Qui Parle Valley Independent School District No 2853               | CUSIP: 505468CD8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2525000 | PA      | $1839519.82   | 0.38%             | 2040-02-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| CITY OF LANDFALL VILLAGE                                         | City of Landfall Village MN                                            | CUSIP: 514895AK7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1216073.88   | 0.25%             | 2034-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| LITCHFIELD MINN INDPT SCH DIST NO 465                            | Litchfield Independent School District No 465                          | CUSIP: 536699LZ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2260000 | PA      | $1879637.48   | 0.39%             | 2040-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| MACCRAY MINN INDPT SCH DIST NO 2180                              | Maccray Independent School District No 2180/MN                         | CUSIP: 554265CX4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2525000 | PA      | $1914668.87   | 0.40%             | 2038-02-01      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| MACCRAY MINN INDPT SCH DIST NO 2180                              | Maccray Independent School District No 2180/MN                         | CUSIP: 554265CY2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2580000 | PA      | $1898149.60   | 0.40%             | 2039-02-01      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| MAPLE GROVE MINN HEALTH CARE FACS REV                            | City of Maple Grove MN                                                 | CUSIP: 56516TAY1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1392117.75   | 0.29%             | 2035-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MAPLE GROVE MINN HEALTH CARE FACS REV                            | City of Maple Grove MN                                                 | CUSIP: 56516TBA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1001504.70   | 0.21%             | 2032-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MAPLE GROVE MINN HEALTH CARE FACS REV                            | City of Maple Grove MN                                                 | CUSIP: 56516TBU8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10500000 | PA      | $9790005.75   | 2.05%             | 2037-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MAPLE PLAIN MINN                                                 | City of Maple Plain MN                                                 | CUSIP: 56531SAT5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1011377.63   | 0.21%             | 2057-07-01      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| MARSHALL MINN                                                    | City of Marshall MN                                                    | CUSIP: 572509AJ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    540000 | PA      | $529510.12    | 0.11%             | 2041-02-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| MARSHALL MINN                                                    | City of Marshall MN                                                    | CUSIP: 572509AK3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    725000 | PA      | $708022.17    | 0.15%             | 2045-02-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| MARSHALL MINN INDPT SCH DIST NO 413                              | Marshall Independent School District No 413                            | CUSIP: 572546KC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2440000 | PA      | $2086790.72   | 0.44%             | 2039-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| MARSHALL MINN INDPT SCH DIST NO 413                              | Marshall Independent School District No 413                            | CUSIP: 572546KD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2515000 | PA      | $2123344.58   | 0.44%             | 2040-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| MINNESOTA ST HIGHER ED FACS AUTH                                 | Minnesota Higher Education Facilities Authority                        | CUSIP: 60416HS96<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $351763.65    | 0.07%             | 2033-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MINNESOTA ST HIGHER ED FACS AUTH                                 | Minnesota Higher Education Facilities Authority                        | CUSIP: 60416HT20<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    380000 | PA      | $381933.40    | 0.08%             | 2034-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MINNESOTA ST HIGHER ED FACS AUTH                                 | Minnesota Higher Education Facilities Authority                        | CUSIP: 60416HV43<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1881356.60   | 0.39%             | 2039-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MINNESOTA ST HIGHER ED FACS AUTH                                 | Minnesota Higher Education Facilities Authority                        | CUSIP: 60416HX90<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $826859.90    | 0.17%             | 2043-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MINNESOTA ST HIGHER ED FACS AUTH                                 | Minnesota Higher Education Facilities Authority                        | CUSIP: 60416HYU2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $327209.89    | 0.07%             | 2032-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| WATERTOWN MINN INDPT SCH DIST NO 111                             | Watertown-Mayer Independent School District No 111                     | CUSIP: 942078PJ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2175000 | PA      | $1089995.60   | 0.23%             | 2039-02-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| WAYZATA MINN SENIOR HSG REVENUE                                  | City of Wayzata MN                                                     | CUSIP: 946829BR8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1625000 | PA      | $1514599.78   | 0.32%             | 2054-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WOODBURY MINN CHARTER SCHOOL                                     | City of Woodbury MN                                                    | CUSIP: 979134AP8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $410000.00    | 0.09%             | 2040-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| WOODBURY MINN CHARTER SCHOOL                                     | City of Woodbury MN                                                    | CUSIP: 979134AQ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    550000 | PA      | $563750.00    | 0.12%             | 2050-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SHAKOPEE MINN HEALTH CARE FACS                                   | City of Shakopee MN                                                    | CUSIP: 819175BJ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000045.40   | 0.21%             | 2034-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SOUTH WASHINGTON CNTY INDPT SCH DIST NO 833 MINN                 | South Washington County Independent School District No 833/MN          | CUSIP: 840610VB2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5352668.00   | 1.12%             | 2038-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SOUTH WASHINGTON CNTY INDPT SCH DIST NO 833 MINN                 | South Washington County Independent School District No 833/MN          | CUSIP: 840610VH9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2814189.00   | 0.59%             | 2044-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SOUTHERN MINN MUN PWR AGY                                        | Southern Minnesota Municipal Power Agency                              | CUSIP: 843375C87<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2550000 | PA      | $2569640.10   | 0.54%             | 2041-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SOUTHERN MINN MUN PWR AGY                                        | Southern Minnesota Municipal Power Agency                              | CUSIP: 843375QN9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $9743643.00   | 2.04%             | 2026-01-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| SPRING LAKE PARK MN CHRT SCH LEASE REVENUE                       | City of Spring Lake Park MN                                            | CUSIP: 849824AC1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1817586.00   | 0.38%             | 2049-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SPRING LAKE PARK MN CHRT SCH LEASE REVENUE                       | City of Spring Lake Park MN                                            | CUSIP: 849824AD9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $892176.00    | 0.19%             | 2054-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HOUSING AND REDEVELOPMENT AUTHORITY OF THE CITY OF SAINT PAUL MI | Housing & Redevelopment Authority of The City of St Paul Minnesota     | CUSIP: 852297BX7<br>LEI: 549300FQCUW4VH929113 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $923093.10    | 0.19%             | 2036-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| HOUSING AND REDEVELOPMENT AUTHORITY OF THE CITY OF SAINT PAUL MI | Housing & Redevelopment Authority of The City of St Paul Minnesota     | CUSIP: 852297BY5<br>LEI: 549300FQCUW4VH929113 | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1181203.94   | 0.25%             | 2047-09-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| HOUSING AND REDEVELOPMENT AUTHORITY OF THE CITY OF SAINT PAUL MI | Housing & Redevelopment Authority of The City of St Paul Minnesota     | CUSIP: 852297DB3<br>LEI: 549300FQCUW4VH929113 | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1602899.55   | 0.34%             | 2055-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ST PAUL HSG REDEV AUTH                                           | Housing & Redevelopment Authority of The City of St Paul Minnesota     | CUSIP: 852297DM9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $338630.53    | 0.07%             | 2031-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| HOUSING AND REDEVELOPMENT AUTHORITY OF THE CITY OF SAINT PAUL MI | Housing & Redevelopment Authority of The City of St Paul Minnesota     | CUSIP: 852297DU1<br>LEI: 549300FQCUW4VH929113 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2003484.60   | 0.42%             | 2057-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ST PAUL PARK MINN                                                | City of St Paul Park MN                                                | CUSIP: 85235KAU7<br>LEI: 549300RN3JLIQQH41516 | Long             | DBT              | MUN               | US        |    275000 | PA      | $256340.76    | 0.05%             | 2036-09-01      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| ST PAUL PARK MINN                                                | City of St Paul Park MN                                                | CUSIP: 85235KAV5<br>LEI: 549300RN3JLIQQH41516 | Long             | DBT              | MUN               | US        |    300000 | PA      | $278063.10    | 0.06%             | 2037-09-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| ST PAUL PARK MINN                                                | City of St Paul Park MN                                                | CUSIP: 85235KAW3<br>LEI: 549300RN3JLIQQH41516 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $966385.70    | 0.20%             | 2042-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HOUSING AND REDEVELOPMENT AUTHORITY OF THE CITY OF SAINT PAUL MI | Housing & Redevelopment Authority of The City of St Paul Minnesota     | CUSIP: 85236DAL2<br>LEI: 549300FQCUW4VH929113 | Long             | DBT              | MUN               | US        |    875000 | PA      | $883080.54    | 0.18%             | 2031-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| HOUSING AND REDEVELOPMENT AUTHORITY OF THE CITY OF SAINT PAUL MI | Housing & Redevelopment Authority of The City of St Paul Minnesota     | CUSIP: 85236DAM0<br>LEI: 549300FQCUW4VH929113 | Long             | DBT              | MUN               | US        |    800000 | PA      | $805737.68    | 0.17%             | 2032-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| HOUSING AND REDEVELOPMENT AUTHORITY OF THE CITY OF SAINT PAUL MI | Housing & Redevelopment Authority of The City of St Paul Minnesota     | CUSIP: 85236DAN8<br>LEI: 549300FQCUW4VH929113 | Long             | DBT              | MUN               | US        |    655000 | PA      | $658043.52    | 0.14%             | 2033-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ST PAUL MINN HSG & REDEV AUTH DIST                               | Housing & Redevelopment Authority of The City of St Paul Minnesota     | CUSIP: 85236DBJ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    800000 | PA      | $784782.96    | 0.16%             | 2037-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| STILLWATER MINN INDPT SCH DIST NO 834                            | Stillwater Independent School District No 834                          | CUSIP: 860758TC5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6960000 | PA      | $6746818.68   | 1.41%             | 2042-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| STILLWATER MINN INDPT SCH DIST NO 834                            | Stillwater Independent School District No 834                          | CUSIP: 860758TD3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2275000 | PA      | $2204764.84   | 0.46%             | 2043-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| WADENA MINN                                                      | City of Wadena MN                                                      | CUSIP: 930256AK8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1900000 | PA      | $1924566.81   | 0.40%             | 2045-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WATERTOWN MINN INDPT SCH DIST NO 111                             | Watertown-Mayer Independent School District No 111                     | CUSIP: 942078PE0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2420000 | PA      | $1550365.01   | 0.32%             | 2035-02-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| MINNEAPOLIS MN                                                   | City of Minneapolis MN                                                 | CUSIP: 60375CBM5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4470000 | PA      | $2929920.50   | 0.61%             | 2056-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MINNEAPOLIS MINN MULTIFAMILY REV                                 | City of Minneapolis MN                                                 | CUSIP: 603767PE8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4563622 | PA      | $3518632.32   | 0.74%             | 2038-02-01      | Fixed         | 2.35%                 | No            |                  2 | On Loan: No      |
| MINNEAPOLIS ST PAUL MINN HSG FIN BRD                             | Minneapolis/St Paul Housing Finance Board/MN                           | CUSIP: 603798BR9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     15000 | PA      | $15001.98     | 0.00%             | 2027-12-01      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| MINNEAPOLIS & ST PAUL MINN MET ARPTS COMMN                       | Minneapolis-St Paul Metropolitan Airports Commission                   | CUSIP: 603827C61<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2095000 | PA      | $2108333.00   | 0.44%             | 2049-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MINNEAPOLIS & ST PAUL MINN MET ARPTS COMMN                       | Minneapolis-St Paul Metropolitan Airports Commission                   | CUSIP: 603827L46<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2100000 | PA      | $2105395.53   | 0.44%             | 2047-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MINNEAPOLIS & ST PAUL MINN MET ARPTS COMMN                       | Minneapolis-St Paul Metropolitan Airports Commission                   | CUSIP: 603827N44<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2201599.75   | 0.46%             | 2054-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MINNEAPOLIS & ST PAUL MINN MET ARPTS COMMN                       | Minneapolis-St Paul Metropolitan Airports Commission                   | CUSIP: 603827Q82<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2039217.20   | 0.43%             | 2049-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| MINNEAPOLIS & ST PAUL MINN MET ARPTS COMMN                       | Minneapolis-St Paul Metropolitan Airports Commission                   | CUSIP: 603827ZA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3009833.10   | 0.63%             | 2046-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MINNESOTA (STATE OF)                                             | State of Minnesota                                                     | CUSIP: 60412AE82<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7000000 | PA      | $6789519.10   | 1.42%             | 2043-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MINNESOTA (STATE OF)                                             | State of Minnesota                                                     | CUSIP: 60412AH22<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1755000 | PA      | $1905746.25   | 0.40%             | 2040-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MINNESOTA (STATE OF)                                             | State of Minnesota                                                     | CUSIP: 60412AH30<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2157399.00   | 0.45%             | 2041-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MINNESOTA (STATE OF)                                             | State of Minnesota                                                     | CUSIP: 60412APN7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1456625.94   | 0.30%             | 2038-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MINNESOTA (STATE OF)                                             | State of Minnesota                                                     | CUSIP: 60412AXR9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $3464039.50   | 0.72%             | 2040-09-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| MINNESOTA MUNICIPAL POWER AGENCY                                 | Minnesota Municipal Power Agency                                       | CUSIP: 60412PDW7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $250843.03    | 0.05%             | 2032-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MINNESOTA ST DEPT IRON RANGE RES & REHABILITATION                | State of Minnesota Department of Iron Range Resources & Rehabilitation | CUSIP: 60414HAT3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3670000 | PA      | $3881135.47   | 0.81%             | 2044-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MINNESOTA ST HIGHER ED FACS AUTH                                 | Minnesota Higher Education Facilities Authority                        | CUSIP: 60416H3P7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $486940.70    | 0.10%             | 2037-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MINNESOTA ST HIGHER ED FACS AUTH                                 | Minnesota Higher Education Facilities Authority                        | CUSIP: 60416H3R3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $485553.60    | 0.10%             | 2039-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MINNESOTA ST HIGHER ED FACS AUTH                                 | Minnesota Higher Education Facilities Authority                        | CUSIP: 60416H3S1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $953740.00    | 0.20%             | 2040-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| WOODBURY MINN CHARTER SCHOOL                                     | City of Woodbury MN                                                    | CUSIP: 979134AV5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1725000 | PA      | $1184969.60   | 0.25%             | 2056-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| WOODBURY MINN CHARTER SCHOOL                                     | City of Woodbury MN                                                    | CUSIP: 979134BA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $927177.40    | 0.19%             | 2063-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| WORTHINGTON MINN INDPT SCH DIST NO 518                           | Worthington Independent School District No 518                         | CUSIP: 981865KT4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $637162.61    | 0.13%             | 2035-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| WORTHINGTON MINN INDPT SCH DIST NO 518                           | Worthington Independent School District No 518                         | CUSIP: 981865KU1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    470000 | PA      | $420375.43    | 0.09%             | 2036-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| WORTHINGTON MINN INDPT SCH DIST NO 518                           | Worthington Independent School District No 518                         | CUSIP: 981865KV9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $440576.75    | 0.09%             | 2037-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| WORTHINGTON MINN INDPT SCH DIST NO 518                           | Worthington Independent School District No 518                         | CUSIP: 981865KW7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $867010.40    | 0.18%             | 2038-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| WORTHINGTON MINN INDPT SCH DIST NO 518                           | Worthington Independent School District No 518                         | CUSIP: 981865KX5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $850355.30    | 0.18%             | 2039-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| ZUMBRO MINN EDU DIST                                             | Zumbro Education District                                              | CUSIP: 989781BB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    635000 | PA      | $539622.30    | 0.11%             | 2041-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BRAINERD MINN INDPT SCH DIST NO 181                              | Brainerd Independent School District No 181                            | CUSIP: 105007NC8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9800000 | PA      | $9805052.88   | 2.05%             | 2037-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CARVER & SIBLEY CNTYS MINN INDPT SCH DIST NO 108 CENTRAL PUB SCH | Norwood Young America Independent School District No 108               | CUSIP: 146873BV5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1600000 | PA      | $999331.52    | 0.21%             | 2045-02-01      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| CENTER CITY MN HLTH CARE FACSR                                   | City of Center City MN                                                 | CUSIP: 151452CD9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $907249.40    | 0.19%             | 2041-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-05-22

**Name of Applicant:** Columbia Funds Series Trust II

**Signature:** Martha Skinner

**Name of Signer:** Martha Skinner

**Title:** Assistant Treasurer