# EDGAR Filing Document

**Accession Number:** 0001217286
**File Stem:** 0002071691-25-004191
**Filing Date:** 2025-10
**Character Count:** 105795
**Document Hash:** a3dd09829e6ad5e8eb2df53fe7b24ffa
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002071691-25-004191.hdr.sgml**: 20251029

**ACCESSION NUMBER**: 0002071691-25-004191

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250831

**FILED AS OF DATE**: 20251029

**DATE AS OF CHANGE**: 20251029

**PERIOD START**: 20260228

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** JPMorgan Trust I
- **CENTRAL INDEX KEY:** 0001217286

**ORGANIZATION NAME:**
- **EIN:** 331043149
- **STATE OF INCORPORATION:** DE

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-21295
- **FILM NUMBER:** 251429207

**BUSINESS ADDRESS:**
- **STREET 1:** 277 PARK AVENUE
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10172
- **BUSINESS PHONE:** 800-480-4111

**MAIL ADDRESS:**
- **STREET 1:** 277 PARK AVENUE
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10172

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** JP MORGAN MUTUAL FUND SERIES
- **DATE OF NAME CHANGE:** 20030204

## Series and Classes Contracts Data

### JPMorgan New York Tax Free Bond Fund (Series ID: S000002948)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000008072 | Class I      | JNYIX           |
| C000008073 | Class A      | VANTX           |
| C000008075 | Class C      | JCNTX           |
| C000205202 | Class R6     | VINRX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** JPMorgan Trust I

- **b. Investment Company Act file number:** 811-21295

- **c. CIK number of Registrant:** 0001217286

- **d. LEI of Registrant:** 549300DM5WZMCZZ70R78

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

  - **Street Address 1:** 277 Park Avenue

  - **City:** New York

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10172

  - **Telephone number:** 800-480-4111

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

- **a. Name of Series:** JPMorgan New York Tax Free Bond Fund

- **b. EDGAR series identifier (if any):** S000002948

- **c. LEI of Series:** 84650YTJCL4Y4SYY2Z84

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

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

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

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $397742892.07

**Total Liabilities:** $1080477.30

**Net Assets:** $396662414.77

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 418.77626000 | **1-Year:** 15866.45562000 | **5-Year:** 40801.22919000 | **10-Year:** 120640.83827000 | **30-Year:** 31447.87061000

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

- **3-Month:** 47.05499000 | **1-Year:** 685.52951000 | **5-Year:** 3496.26540000 | **10-Year:** 8056.76745000 | **30-Year:** 12954.79122000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000205202 | 0.64%                | -0.51%               | 0.63%                |
| Class ID C000008073 | 0.63%                | -0.37%               | 0.62%                |
| Class ID C000008075 | 0.75%                | -0.57%               | 0.57%                |
| Class ID C000008072 | 0.63%                | -0.51%               | 0.62%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-812096.70              | $2164246.57                                |
| Month 2  | $-507780.96              | $-2468823.06                               |
| Month 3  | $-521268.83              | $1857168.94                                |

**Designated Index Information**

- **Index Name:** N/A

- **Index Identifier:** N/A

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| New York State Dormitory Authority                                      | New York State Dormitory Authority, White Plains Hospital                                                                                              | CUSIP: 65000B7Y8<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2040104.80   | 0.51%             | 2054-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Chautauqua Tobacco Asset Securitization Corp.                           | Chautauqua Tobacco Asset Securitization Corp., Series 2014                                                                                             | CUSIP: 162564BB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3200000 | PA      | $2425353.92   | 0.61%             | 2048-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Onondaga NY                                                   | County of Onondaga, Series 2022                                                                                                                        | CUSIP: 68277DHA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2027961.60   | 0.51%             | 2037-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas, Inc.                                           | Main Street Natural Gas, Inc., Gas Supply, Series 2024A                                                                                                | CUSIP: 56035DGT3<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   2360000 | PA      | $2520510.44   | 0.64%             | 2054-05-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Port Authority of New York & New Jersey                                 | Port Authority of New York and New Jersey, Consolidated, Series 244                                                                                    | CUSIP: 73358XMA7<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2094585.20   | 0.53%             | 2042-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                     | City of New York, Fiscal Year 2022, Series 2022D, Subseries D-1                                                                                        | CUSIP: 64966QB66<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1600305.90   | 0.40%             | 2039-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New York State Environmental Facilities Corp.                           | New York State Environmental Facilities Corp., State Revolving Funds, Master Financing Program, Series 2021B                                           | CUSIP: 64985HL70<br>LEI: 549300QJ33JJW73OQO60 | Long             | DBT              | MUN               | US        |   1380000 | PA      | $1369469.91   | 0.35%             | 2039-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Town of Huntington NY                                                   | Town of Huntington, Public Improvement, Series 2022A                                                                                                   | CUSIP: 446457H30<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1385000 | PA      | $1398119.41   | 0.35%             | 2037-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Hudson Yards Infrastructure Corp.                                       | Hudson Yards Infrastructure Corp., Second Indenture, Series 2017A                                                                                      | CUSIP: 44420RAS9<br>LEI: 549300EE2HJ67TPURL87 | Long             | DBT              | MUN               | US        |   1585000 | PA      | $1635055.73   | 0.41%             | 2031-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                    | Triborough Bridge and Tunnel Authority, MTA Bridges and Tunnels, Series 2013A                                                                          | CUSIP: 89602NG24<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2343886.20   | 0.59%             | 2032-11-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| New York State Energy Research & Development Authority                  | New York State Energy Research and Development Authority, Rochester Gas and Electric Corp., Project, Series 2004B                                      | CUSIP: 649845JB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1010151.10   | 0.25%             | 2032-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority                            | New York City Transitional Finance Authority, Future Tax Secured, Subordinate, Fiscal Year 2025, Series 2025J, Subseries J-1                           | CUSIP: 64972JTU2<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2097785.60   | 0.53%             | 2053-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                      | New York State Dormitory Authority, Series 2024                                                                                                        | CUSIP: 65000BT81<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3007404.60   | 0.76%             | 2054-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                    | Triborough Bridge and Tunnel Authority, MTA Bridges and Tunnels, Series 2019C                                                                          | CUSIP: 89602RFQ3<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |   1375000 | PA      | $1252584.44   | 0.32%             | 2042-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas, Inc.                                           | Main Street Natural Gas, Inc., Gas Supply, Series 2024D                                                                                                | CUSIP: 56035DHZ8<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2130992.60   | 0.54%             | 2054-04-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                          | Black Belt Energy Gas District, Gas Project, Series 2024D                                                                                              | CUSIP: 09182TEN3<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   2750000 | PA      | $2898647.68   | 0.73%             | 2055-03-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority Dedicated Tax Fund                | Metropolitan Transportation Authority Dedicated Tax Fund, Series 2016A                                                                                 | CUSIP: 59259N2W2<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |   1020000 | PA      | $1043318.73   | 0.26%             | 2034-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp.                               | New York Transportation Development Corp., John F. Kennedy International Airport New Terminal One Project                                              | CUSIP: 650116JH0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1064019.70   | 0.27%             | 2045-06-30      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                      | New York State Dormitory Authority, State Sales Tax, Series 2023A-1                                                                                    | CUSIP: 64990ASP1<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   1110000 | PA      | $1004586.52   | 0.25%             | 2043-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Empire State Development Corp.                                          | Empire State Development Corp., State Personal Income Tax, General Purpose, Series 2020E                                                               | CUSIP: 650036DK9<br>LEI: 54930039Y2EMGXN6LM88 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1330123.20   | 0.34%             | 2045-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Building Aid Revenue       | New York City Transitional Finance Authority Building Aid, Series 2026, S-1                                                                            | CUSIP: 64972LAM5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1097653.70   | 0.28%             | 2037-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Power Authority                                                | New York Power Authority, Series 2024A                                                                                                                 | CUSIP: 64989KMC7<br>LEI: I5P1GEYFGGMMDOFX2L30 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1598398.05   | 0.40%             | 2041-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Yonkers NY                                                      | City of Yonkers, Series 2024A                                                                                                                          | CUSIP: 9860822L8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1505000 | PA      | $1570588.95   | 0.40%             | 2042-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Health and Hospitals Corp.                                | New York City Health and Hospitals Corp., Health System                                                                                                | CUSIP: 649674LN6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3906163.10   | 0.98%             | 2035-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Carolina Housing Finance Agency                                   | North Carolina Housing Finance Agency, Homeownership-1998 Trust, Series 55-C                                                                           | CUSIP: 65820BBB1<br>LEI: EC4EE0PS5OP5O69B5C39 | Long             | STIV             | MUN               | US        |   1000000 | PA      | $1000168.20   | 0.25%             | 2056-07-01      | Variable      | 3.20%                 | No            |                  2 | On Loan: No      |
| New York Liberty Development Corp.                                      | New York Liberty Development Corp., Goldman Sachs Headquarters LLC, Series 2005                                                                        | CUSIP: 531127AC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2460000 | PA      | $2767742.06   | 0.70%             | 2035-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | U.S. Treasury Long Bond                                                                                                                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |        38 | NC      | $1123.28      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| New York City Municipal Water Finance Authority                         | New York City Municipal Water Finance Authority, Second General Resolution, Fiscal Year 2025, Series 2025DD                                            | CUSIP: 64972GP73<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1131437.50   | 0.29%             | 2039-06-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| New York City Municipal Water Finance Authority                         | New York City Municipal Water Finance Authority, Second General Resolution, Fiscal Year 2025, Series 2025CC                                            | CUSIP: 64972GN26<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2043571.20   | 0.52%             | 2046-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Town of Hempstead NY                                                    | Town of Hempstead, Series 2025A                                                                                                                        | CUSIP: 424672V83<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1923392.40   | 0.48%             | 2041-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York State Environmental Facilities Corp.                           | New York State Environmental Facilities Corp., State Clean Water and Drinking Water Revolving Funds, Municipal Water Finance Authority Projects - Seco | CUSIP: 64986DPL3<br>LEI: 549300QJ33JJW73OQO60 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1035003.10   | 0.26%             | 2053-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Golden State Tobacco Securitization Corp.                               | Golden State Tobacco Securitization Corp., Enhanced Tobacco Settlement, Series 2021B-2                                                                 | CUSIP: 38122NB84<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3650000 | PA      | $338716.72    | 0.09%             | 2066-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Battery Park City Authority                                             | Battery Park City Authority, Series 2019D-1                                                                                                            | CUSIP: 07133AJB9<br>LEI: 549300RF3SFDOWRHVM56 | Long             | STIV             | MUN               | US        |  13600000 | PA      | $13600000.00  | 3.43%             | 2038-11-01      | Variable      | 3.78%                 | No            |                  2 | On Loan: No      |
| Utility Debt Securitization Authority                                   | Utility Debt Securitization Authority, Series 2016A                                                                                                    | CUSIP: 91802RCG2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3250000 | PA      | $3302464.75   | 0.83%             | 2034-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                    | Triborough Bridge and Tunnel Authority, MTA Bridges and Tunnels, Series 2023A                                                                          | CUSIP: 89602HFR3<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |   1600000 | PA      | $1614812.80   | 0.41%             | 2037-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas, Inc.                                           | Main Street Natural Gas, Inc., Gas Supply, Series 2021C                                                                                                | CUSIP: 56035DCZ3<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   2750000 | PA      | $2789393.75   | 0.70%             | 2052-05-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| Westchester County Local Development Corp.                              | Westchester County Local Development Corp., Kendal on Hudson Project, Series 2022B                                                                     | CUSIP: 95737TFB7<br>LEI: 549300KOSU8OC75V9238 | Long             | DBT              | MUN               | US        |    240000 | PA      | $253598.28    | 0.06%             | 2032-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Housing Development Corp.                                 | New York City Housing Development Corp., Multi-Family Mortgage, 8 Spruce Street Project, Series 2024, Class F                                          | CUSIP: 64966TGX6<br>LEI: 549300SQWVHKBRF8D702 | Long             | DBT              | MUN               | US        |   3900000 | PA      | $4001751.39   | 1.01%             | 2031-12-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp.                               | New York Transportation Development Corp., Delta Air Lines, Inc., LaGuardia Airport Terminals C&D Redevelopment Project, Series 2018                   | CUSIP: 650116CQ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2315000 | PA      | $2161024.49   | 0.54%             | 2036-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                     | City of New York, Fiscal Year 2025, Series 2025G, Subseries G-1                                                                                        | CUSIP: 64966SLY0<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1043265.20   | 0.26%             | 2042-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Westchester Tobacco Asset Securitization Corp.                          | Westchester Tobacco Asset Securitization Corp., Tobacco Settlement, Series B                                                                           | CUSIP: 957480BM7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1775000 | PA      | $1810747.97   | 0.46%             | 2033-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Power Authority                                                | New York Power Authority, Green Transmission Project, Series 2022A                                                                                     | CUSIP: 65000XAM2<br>LEI: I5P1GEYFGGMMDOFX2L30 | Long             | DBT              | MUN               | US        |    840000 | PA      | $918528.07    | 0.23%             | 2035-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                    | Triborough Bridge and Tunnel Authority, MTA Bridges and Tunnels, Series 2022A                                                                          | CUSIP: 89602HCB1<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |   2040000 | PA      | $1917379.88   | 0.48%             | 2041-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York Convention Center Development Corp.                            | New York Convention Center Development Corp., Hotel Unit Fee Secured                                                                                   | CUSIP: 649451DC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2170000 | PA      | $2156404.30   | 0.54%             | 2045-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority                            | New York City Transitional Finance Authority, Future Tax Secured, Fiscal Year 2024, Series 2024F, Subseries F-1                                        | CUSIP: 64972JGX0<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $889166.50    | 0.22%             | 2054-02-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Town of Hempstead NY                                                    | Town of Hempstead                                                                                                                                      | CUSIP: 424672T37<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1725000 | PA      | $1619357.21   | 0.41%             | 2043-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Battery Park City Authority                                             | Battery Park City Authority, Series 2019B                                                                                                              | CUSIP: 07133AHY1<br>LEI: 549300RF3SFDOWRHVM56 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2073632.00   | 0.52%             | 2040-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                      | New York State Dormitory Authority, Memorial Sloan Kettering Cancer Center, Series 2025 1                                                              | CUSIP: 64985SBX0<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |    515000 | PA      | $530131.16    | 0.13%             | 2054-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Building Aid Revenue       | New York City Transitional Finance Authority, Building Aid, Fiscal Year 2019, Series 2019S-2A                                                          | CUSIP: 64972HU34<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2098886.80   | 0.53%             | 2034-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                      | New York State Dormitory Authority, School Districts Financing Program, Series 2025A                                                                   | CUSIP: 64985SDH3<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   2110000 | PA      | $2321936.42   | 0.59%             | 2036-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Nassau NY                                                     | County of Nassau, General Improvement, Series 2023A                                                                                                    | CUSIP: 63165T3Y9<br>LEI: 549300ICRCGQYCPS7T40 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1408980.15   | 0.36%             | 2042-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| State of New York                                                       | State of New York, Series 2023A                                                                                                                        | CUSIP: 649791SL5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1071260.00   | 0.27%             | 2041-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | U.S. Treasury 10 Year Ultra Note                                                                                                                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |       -26 | NC      | $-13729.61    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| New York City Industrial Development Agency                             | New York City Industrial Development Agency, Queens Baseball Stadium Project, Series 2021A                                                             | CUSIP: 64971PKZ7<br>LEI: 549300XR20ZR5DHL9534 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1377171.50   | 0.35%             | 2031-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port Authority of New York & New Jersey                                 | Port Authority of New York and New Jersey, Consolidated, Series 248                                                                                    | CUSIP: 73358XPY2<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2032201.20   | 0.51%             | 2050-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Westchester County Local Development Corp.                              | Westchester County Local Development Corp., Purchase Senior Learning Community, Inc., Project, Series 2021A                                            | CUSIP: 95737TET9<br>LEI: 549300KOSU8OC75V9238 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1756889.60   | 0.44%             | 2046-07-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| New York Transportation Development Corp.                               | New York Transportation Development Corp., John F. Kennedy International Airport New Terminal One Project, Series 2024B                                | CUSIP: 650116HX7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1182843.00   | 0.30%             | 2054-12-31      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| New York State Thruway Authority                                        | New York State Thruway Authority, Personal Income Tax, Series 2021A-1                                                                                  | CUSIP: 650028XC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2297914.75   | 0.58%             | 2042-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                      | New York State Dormitory Authority, Court Facilities Lease, Series 2005A                                                                               | CUSIP: 64983QHZ5<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5107420.00   | 1.29%             | 2026-05-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Chappaqua Central School District                                       | Chappaqua Central School District                                                                                                                      | CUSIP: 159555NC1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1015000 | PA      | $1015733.44   | 0.26%             | 2039-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Children's Trust Fund                                                   | Children's Trust Fund, Tobacco Settlement Asset-Backed, Series 2005A                                                                                   | CUSIP: 16876QBJ7<br>LEI: N/A                  | Long             | DBT              | MUN               | PR        |   3750000 | PA      | $722277.38    | 0.18%             | 2050-05-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Saratoga County Capital Resource Corp.                                  | Saratoga County Capital Resource Corp., WSWHE Boces Project                                                                                            | CUSIP: 80349LAF2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $336564.45    | 0.08%             | 2034-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Housing Finance Agency                                     | Pennsylvania Housing Finance Agency, Single Family Mortgage, Series 2024-146A                                                                          | CUSIP: 70879QXV0<br>LEI: 549300JZVUPNWP77SP29 | Long             | DBT              | MUN               | US        |    980000 | PA      | $1080216.76   | 0.27%             | 2054-10-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| County of Suffolk NY                                                    | County of Suffolk, Series 2017D                                                                                                                        | CUSIP: 86476PWT1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3375000 | PA      | $3482823.15   | 0.88%             | 2028-10-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                      | New York State Dormitory Authority, Rosewell Park Cancer Institute Obligated Group                                                                     | CUSIP: 64985SND1<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |    500000 | PA      | $516493.10    | 0.13%             | 2043-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Territory of Guam                                                       | Territory of Guam, Series 2025G                                                                                                                        | CUSIP: 40065NDC8<br>LEI: N/A                  | Long             | DBT              | MUN               | GU        |   1250000 | PA      | $1330068.75   | 0.34%             | 2036-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TSASC, Inc.                                                             | TSASC, Inc., Series A                                                                                                                                  | CUSIP: 898526FD5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2009352.80   | 0.51%             | 2035-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Housing Finance Agency                                   | New York State Housing Finance Agency, State Personal Income Tax, Series 2024C                                                                         | CUSIP: 649870QF2<br>LEI: 5493000LS7KCDB02O506 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $901633.50    | 0.23%             | 2054-12-15      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| New York Convention Center Development Corp.                            | New York Convention Center Development Corp., Subordinate Lien, Hotel Unit Fee Secured, Series B                                                       | CUSIP: 649451FX4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4090000 | PA      | $2955108.03   | 0.74%             | 2033-11-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                      | New York State Dormitory Authority, Brooklyn Law School, Series 2019A                                                                                  | CUSIP: 64990GMJ8<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   2400000 | PA      | $2489030.88   | 0.63%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Suffolk Regional Off-Track Betting Corp.                                | Suffolk Regional Off-Track Betting Corp., Series 2024                                                                                                  | CUSIP: 86480TAB0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000022.90   | 0.25%             | 2044-12-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Hudson Yards Infrastructure Corp.                                       | Hudson Yards Infrastructure Corp., Second Indenture, Series 2017A                                                                                      | CUSIP: 44420RBC3<br>LEI: 549300EE2HJ67TPURL87 | Long             | DBT              | MUN               | US        |   2125000 | PA      | $2161001.75   | 0.54%             | 2038-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                     | City of New York, Fiscal Year 2008, Series 2008L-4                                                                                                     | CUSIP: 64966G4P4<br>LEI: 549300ABYZD2SFD5JB29 | Long             | STIV             | MUN               | US        |   2000000 | PA      | $2000000.00   | 0.50%             | 2038-04-01      | Variable      | 3.85%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority                            | New York City Transitional Finance Authority, Future Tax Secured, Fiscal Year 2024, Series 2024B                                                       | CUSIP: 64972JAT5<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1034504.40   | 0.26%             | 2042-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Yonkers NY                                                      | City of Yonkers, Series 2024A                                                                                                                          | CUSIP: 9860822K0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1049504.30   | 0.26%             | 2041-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp.                               | New York Transportation Development Corp., Delta Air Lines, Inc., LaGuardia Airport Terminals C&D Redevelopment Project, Series 2018                   | CUSIP: 650116CK0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2155000 | PA      | $2203030.64   | 0.56%             | 2031-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Madison County Capital Resource Corp.                                   | Madison County Capital Resource Corp., Colgate University Refunding Project                                                                            | CUSIP: 557363ET1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1150000 | PA      | $1229683.96   | 0.31%             | 2041-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority Sales Tax Revenue                  | Triborough Bridge and Tunnel Authority, MTA Bridges and Tunnels, TBTA Capital Lockbox, Series 2023A                                                    | CUSIP: 896035CD2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $879712.20    | 0.22%             | 2058-05-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Kentucky Public Energy Authority                                        | Kentucky Public Energy Authority, Gas Supply, Series 2024A                                                                                             | CUSIP: 74440DEL4<br>LEI: 549300XEJZWHYSY4SL55 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1585580.40   | 0.40%             | 2055-05-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Onondaga Civic Development Corp.                                        | Onondaga Civic Development Corp., Syracuse University Project                                                                                          | CUSIP: 682832LK4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1882790.80   | 0.47%             | 2050-12-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| City of Jamestown NY                                                    | City of Jamestown                                                                                                                                      | CUSIP: 470574J96<br>LEI: 549300B6ML3S2H2XXS23 | Long             | DBT              | MUN               | US        |   5670081 | PA      | $5723048.06   | 1.44%             | 2026-05-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                      | New York State Dormitory Authority, State Personal Income Tax, General Purpose, Series 2020A                                                           | CUSIP: 64990FYQ1<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   1700000 | PA      | $1477856.07   | 0.37%             | 2047-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | U.S. Treasury Ultra Bond                                                                                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |       -13 | NC      | $5969.18      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Long Island Power Authority                                             | Long Island Power Authority, Electric System, Series 2019A                                                                                             | CUSIP: 542691CK4<br>LEI: 1R46U5SYJ63KQXF39168 | Long             | DBT              | MUN               | US        |   2725000 | PA      | $2745556.58   | 0.69%             | 2034-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Hudson Yards Infrastructure Corp.                                       | Hudson Yards Infrastructure Corp., Second Indenture, Series 2022A                                                                                      | CUSIP: 44420RCE8<br>LEI: 549300EE2HJ67TPURL87 | Long             | DBT              | MUN               | US        |   2100000 | PA      | $1917348.51   | 0.48%             | 2043-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                      | New York State Dormitory Authority, State Sales Tax, Series 2018E-2                                                                                    | CUSIP: 64990AMJ1<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2112940.40   | 0.53%             | 2033-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Municipal Gas Acquisition & Supply Corp. V                        | Texas Municipal Gas Acquisition and Supply Corp. V, Gas Supply, Series 2024                                                                            | CUSIP: 88256RAK2<br>LEI: 254900XZ4J30QIJO9G03 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1595766.75   | 0.40%             | 2055-01-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Onondaga NY                                                   | County of Onondaga, Series 2024                                                                                                                        | CUSIP: 68277DJY1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1565000 | PA      | $1422760.59   | 0.36%             | 2043-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York City Municipal Water Finance Authority                         | New York City Municipal Water Finance Authority, Water and Sewer System, Second General Resolution, Fiscal Year 2020, Series Subseries 202DD-3         | CUSIP: 64972GWL4<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2288837.25   | 0.58%             | 2042-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                      | New York State Dormitory Authority, Memorial Sloan Kettering Cancer Center, Series 2025 1                                                              | CUSIP: 64985SBW2<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   1655000 | PA      | $1885866.38   | 0.48%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Town of Webster NY                                                      | Town of Webster                                                                                                                                        | CUSIP: 948407XM8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4055141.20   | 1.02%             | 2026-08-25      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Empire State Development Corp.                                          | Empire State Development Corp., State Personal Income Tax, General Purpose, Series 2020C                                                               | CUSIP: 650036BY1<br>LEI: 54930039Y2EMGXN6LM88 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $998642.10    | 0.25%             | 2037-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Town of Clarkstown NY                                                   | Town of Clarkstown, Series 2023                                                                                                                        | CUSIP: 1823067Y0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    990000 | PA      | $975266.72    | 0.25%             | 2039-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Yonkers NY                                                      | City of Yonkers, Series 2024B                                                                                                                          | CUSIP: 9860823C7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1049504.30   | 0.26%             | 2041-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Clinton County Capital Resource Corp.                                   | Clinton County Capital Resource Corp., CVCES Boces Project, Series 2025                                                                                | CUSIP: 187469AG6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $740670.38    | 0.19%             | 2046-07-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| TSASC, Inc.                                                             | TSASC, Inc., Series B                                                                                                                                  | CUSIP: 898526FR4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2350000 | PA      | $1992406.61   | 0.50%             | 2048-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Thruway Authority                                        | New York State Thruway Authority, Personal Income Tax, Series 2021A-1                                                                                  | CUSIP: 650028WY5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1464051.90   | 0.37%             | 2038-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York State Environmental Facilities Corp.                           | New York State Environmental Facilities Corp., State Clean Water and Drinking Water Revolving Funds, Municipal Water Finance Authority Projects - Seco | CUSIP: 64986DQK4<br>LEI: 549300QJ33JJW73OQO60 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1018216.50   | 0.26%             | 2050-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Erie NY                                                       | County of Erie, Buffalo Bills Stadium Project, Series 2024B                                                                                            | CUSIP: 295084YS0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1573419.45   | 0.40%             | 2048-09-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                     | City of New York, Fiscal Year 2023, Series 2023A, Subseries A-4                                                                                        | CUSIP: 64966QH37<br>LEI: 549300ABYZD2SFD5JB29 | Long             | STIV             | MUN               | US        |    935000 | PA      | $935000.00    | 0.24%             | 2049-09-01      | Variable      | 3.90%                 | No            |                  2 | On Loan: No      |
| Long Island Power Authority                                             | Long Island Power Authority, Electric System, Series 2018                                                                                              | CUSIP: 542691BR0<br>LEI: 1R46U5SYJ63KQXF39168 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2087235.60   | 0.53%             | 2035-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Long Island Power Authority                                             | Long Island Power Authority, Electric System, Series 2021A                                                                                             | CUSIP: 542691EV8<br>LEI: 1R46U5SYJ63KQXF39168 | Long             | DBT              | MUN               | US        |   2030000 | PA      | $1922034.25   | 0.48%             | 2041-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| County of Albany NY                                                     | County of Albany, Series 2022A                                                                                                                         | CUSIP: 01212PEZ5<br>LEI: 549300GBQON0LOLHN826 | Long             | DBT              | MUN               | US        |   1080000 | PA      | $1101521.92   | 0.28%             | 2036-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Buckeye Tobacco Settlement Financing Authority                          | Buckeye Tobacco Settlement Financing Authority, Series 2020B-2, Class 2                                                                                | CUSIP: 118217CZ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1413526.28   | 0.36%             | 2055-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                      | New York State Dormitory Authority, State Sales Tax, Series 2015B                                                                                      | CUSIP: 64990ADY8<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5008613.50   | 1.26%             | 2030-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Erie NY                                                       | County of Erie, Buffalo Bills Stadium Project, Series 2024B                                                                                            | CUSIP: 295084YR2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1360000 | PA      | $1226801.06   | 0.31%             | 2047-09-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp.                                       | Florida Development Finance Corp., Brightline Florida Passenger Rail Project, Series 2024                                                              | CUSIP: 340618DT1<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |    250000 | PA      | $206170.20    | 0.05%             | 2053-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue | New York City Transitional Finance Authority, Future Tax Secured, Fiscal Year 2011, Series 2011A-4                                                     | CUSIP: 64971XKU1<br>LEI: N/A                  | Long             | STIV             | MUN               | US        |   2000000 | PA      | $2000000.00   | 0.50%             | 2039-08-01      | Variable      | 3.85%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                      | New York State Dormitory Authority, Memorial Sloan Kettering Cancer Center, Series 2022 1-B                                                            | CUSIP: 65000BPS1<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1110133.44   | 0.28%             | 2051-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp.                               | New York Transportation Development Corp., John F. Kennedy International Airport New Terminal One Project                                              | CUSIP: 650116EZ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1847141.80   | 0.47%             | 2031-08-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp.                               | New York Transportation Development Corp., JFK International Airport New Terminal One Project                                                          | CUSIP: 650116HT6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $985285.30    | 0.25%             | 2054-12-31      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| County of Nassau NY                                                     | County of Nassau, Series 2022A                                                                                                                         | CUSIP: 63165T3B9<br>LEI: 549300ICRCGQYCPS7T40 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1796027.00   | 0.45%             | 2052-04-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Westchester Tobacco Asset Securitization Corp.                          | Westchester Tobacco Asset Securitization Corp., Tobacco Settlement, Series B                                                                           | CUSIP: 957480BN5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2031808.20   | 0.51%             | 2034-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Convention Center Development Corp.                            | New York Convention Center Development Corp., Senior Lien, Hotel Unit Fee Secured, Series A                                                            | CUSIP: 649451EH0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1600000 | PA      | $512047.36    | 0.13%             | 2047-11-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| New York Power Authority                                                | New York Power Authority, Series 2020A                                                                                                                 | CUSIP: 64989KLD6<br>LEI: I5P1GEYFGGMMDOFX2L30 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2676841.80   | 0.67%             | 2045-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                    | Triborough Bridge and Tunnel Authority, Series 2024B,SubseriesB-3                                                                                      | CUSIP: 89602HHK6<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5023026.50   | 1.27%             | 2043-11-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Build NYC Resource Corp.                                                | Build NYC Resource Corp., The Young Men's and Women's Hebrew Association Project, Series 2024                                                          | CUSIP: 12008EWA0<br>LEI: 549300GROJFKMNLWEK84 | Long             | DBT              | MUN               | US        |   3620000 | PA      | $4039463.16   | 1.02%             | 2032-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp.                               | New York Transportation Development Corp., John F. Kennedy International Airport New Terminal One Project                                              | CUSIP: 650116HM1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1453643.25   | 0.37%             | 2054-06-30      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue | New York City Transitional Finance Authority, Future Tax Secured, Fiscal Year 2017, Series 2017E1                                                      | CUSIP: 64971W4T4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2046023.40   | 0.52%             | 2035-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Environmental Facilities Corp.                           | New York State Environmental Facilities Corp., State Clean Water and Drinking Water Revolving Funds, Municipal Water Finance Authority Projects - Seco | CUSIP: 64986DFR1<br>LEI: 549300QJ33JJW73OQO60 | Long             | DBT              | MUN               | US        |   1240000 | PA      | $1264505.00   | 0.32%             | 2038-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Uniondale Union Free School District                                    | Uniondale Union Free School District                                                                                                                   | CUSIP: 909058ET2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1935021.40   | 0.49%             | 2041-01-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York City Industrial Development Agency                             | New York City Industrial Development Agency, Yankee Stadium Project, Series 2020A                                                                      | CUSIP: 64971PJZ9<br>LEI: 549300XR20ZR5DHL9534 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2695345.25   | 0.68%             | 2029-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                    | Triborough Bridge and Tunnel Authority, MTA Bridges and Tunnels, TBTA Capital Lockbox, Series 2025A                                                    | CUSIP: 896032BB4<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2043694.00   | 0.52%             | 2054-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New York City Housing Development Corp.                                 | New York City Housing Development Corp., Series 2025A                                                                                                  | CUSIP: 64966WKK2<br>LEI: 549300SQWVHKBRF8D702 | Long             | DBT              | MUN               | US        |   1170000 | PA      | $1182090.90   | 0.30%             | 2055-02-01      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Port Authority of New York & New Jersey                                 | Port Authority of New York and New Jersey, Consolidated, Series 221                                                                                    | CUSIP: 73358W5Q3<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |   1355000 | PA      | $1264344.54   | 0.32%             | 2039-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Battery Park City Authority                                             | Battery Park City Authority, Series 2023A                                                                                                              | CUSIP: 07133AJM5<br>LEI: 549300RF3SFDOWRHVM56 | Long             | DBT              | MUN               | US        |   1335000 | PA      | $1359008.24   | 0.34%             | 2053-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                             | Commonwealth of Puerto Rico, Series 2022A-1                                                                                                            | CUSIP: 74514L3G0<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | PR        |   2000000 | PA      | $2067967.20   | 0.52%             | 2027-07-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Suffolk Tobacco Asset Securitization Corp.                              | Suffolk Tobacco Asset Securitization Corp., Series 2021A-2                                                                                             | CUSIP: 864809BM9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2250000 | PA      | $2397167.78   | 0.60%             | 2029-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TSASC, Inc.                                                             | TSASC, Inc., Series A                                                                                                                                  | CUSIP: 898526FE3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2005361.40   | 0.51%             | 2036-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Utility Debt Securitization Authority                                   | Utility Debt Securitization Authority, Restructuring Bond, Series 2016B                                                                                | CUSIP: 91802RCZ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2450000 | PA      | $2487057.23   | 0.63%             | 2035-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                      | New York State Dormitory Authority, State Sales Tax, Series 2016A                                                                                      | CUSIP: 64990AFB6<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2047256.60   | 0.52%             | 2031-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southeast Alabama Gas Supply District (The)                             | Southeast Alabama Gas Supply District (The), Project No. 2, Series 2024B                                                                               | CUSIP: 84131TBT8<br>LEI: 549300BL04JIB2GJZ178 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1064319.30   | 0.27%             | 2049-06-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                      | New York State Dormitory Authority, Northwell Health Obligated Group, Series 2022A                                                                     | CUSIP: 65000BNH7<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1951705.60   | 0.49%             | 2052-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Nassau NY                                                     | County of Nassau, Series 2021A                                                                                                                         | CUSIP: 63165TX75<br>LEI: 549300ICRCGQYCPS7T40 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2054264.40   | 0.52%             | 2036-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Monroe County Industrial Development Corp.                              | Monroe County Industrial Development Corp., Eugenio Maria De Hostos Charter School Project, Series 2024A                                               | CUSIP: 61075TXU7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1320000 | PA      | $1168294.64   | 0.29%             | 2044-07-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| California Infrastructure & Economic Development Bank                   | California Infrastructure and Economic Development Bank, Brightline West Passenger Rail Project, Series 2025A                                          | CUSIP: 13034A6B1<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |   3795000 | PA      | $3487578.81   | 0.88%             | 2065-01-01      | Variable      | 9.50%                 | Yes           |                  2 | On Loan: No      |
| Suffolk Tobacco Asset Securitization Corp.                              | Suffolk Tobacco Asset Securitization Corp., Series 2021B-2                                                                                             | CUSIP: 864809CD8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $244352.70    | 0.06%             | 2066-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| New York City Municipal Water Finance Authority                         | New York City Municipal Water Finance Authority, Water and Sewer System, Second General Resolution, Fiscal Year 2018, Series 2018CC-1                  | CUSIP: 64972GPS7<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |   1150000 | PA      | $1133839.97   | 0.29%             | 2037-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Long Island Power Authority                                             | Long Island Power Authority, Electric System, Series 2024B                                                                                             | CUSIP: 542691KA7<br>LEI: 1R46U5SYJ63KQXF39168 | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3493092.75   | 0.88%             | 2049-09-01      | Variable      | 3.00%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                    | Triborough Bridge and Tunnel Authority, MTA Bridges and Tunnels, Series B                                                                              | CUSIP: 89602N7M0<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1546950.30   | 0.39%             | 2033-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority Dedicated Tax Fund                | Metropolitan Transportation Authority Dedicated Tax Fund, Series 2012A                                                                                 | CUSIP: 59259NT29<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $3413951.20   | 0.86%             | 2030-11-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp. Sales Tax Revenue                 | Puerto Rico Sales Tax Financing Corp. Sales Tax, Series A-1                                                                                            | CUSIP: 74529JQG3<br>LEI: N/A                  | Long             | DBT              | MUN               | PR        |   4500000 | PA      | $1413639.45   | 0.36%             | 2046-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                      | New York State Dormitory Authority, State Sales Tax, Series 2017A                                                                                      | CUSIP: 64990AGG4<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2053099.60   | 0.52%             | 2034-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| JPMorgan Institutional Tax Free Money Market Fund                       | JPMorgan Institutional Tax Free Money Market Fund, Class IM                                                                                            | CUSIP: 46645V725<br>LEI: N/A                  | Long             | STIV             | RF                | US        |  15822686 | NS      | $15824268.05  | 3.99%             |  |  |  | No            |                  1 | On Loan: No      |
| New York State Housing Finance Agency                                   | New York State Housing Finance Agency, 160 Madison Avenue LLC, Series 2013A                                                                            | CUSIP: 64986UA72<br>LEI: 5493000LS7KCDB02O506 | Long             | STIV             | MUN               | US        |   4225000 | PA      | $4225000.00   | 1.07%             | 2046-11-01      | Variable      | 3.88%                 | No            |                  2 | On Loan: No      |
| New York City Municipal Water Finance Authority                         | New York City Municipal Water Finance Authority, Water and Sewer System, Second General Resolution, Fiscal Year 2025, Series 2025AA, Subseries AA-1    | CUSIP: 64972GK37<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1031882.10   | 0.26%             | 2053-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Onondaga County Trust for Cultural Resources                            | Onondaga County Trust for Cultural Resources, Abby Lane Housing Corp., Series 2017                                                                     | CUSIP: 68276FDH0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $985807.70    | 0.25%             | 2040-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Build NYC Resource Corp.                                                | Build NYC Resource Corp., Bay Ridge Preparatory School Project, Series 2024                                                                            | CUSIP: 12008EWC6<br>LEI: 549300GROJFKMNLWEK84 | Long             | DBT              | MUN               | US        |   1270000 | PA      | $1154492.74   | 0.29%             | 2044-09-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp. Sales Tax Revenue                 | Puerto Rico Sales Tax Financing Corp. Sales Tax, Series A-1                                                                                            | CUSIP: 74529JPX7<br>LEI: N/A                  | Long             | DBT              | MUN               | PR        |   2800000 | PA      | $2560542.04   | 0.65%             | 2058-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                      | New York State Dormitory Authority, Pace University, Series 2024A                                                                                      | CUSIP: 65000B4N5<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1072761.30   | 0.27%             | 2035-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Uniondale Union Free School District                                    | Uniondale Union Free School District                                                                                                                   | CUSIP: 909058EQ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2023557.20   | 0.51%             | 2038-01-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York State Environmental Facilities Corp.                           | New York State Environmental Facilities Corp.,Solid Waste Disposal, Waste Management, Inc. Project                                                     | CUSIP: 649852AN0<br>LEI: 549300QJ33JJW73OQO60 | Long             | STIV             | MUN               | US        |   3500000 | PA      | $3500385.00   | 0.88%             | 2030-05-01      | Variable      | 3.85%                 | No            |                  2 | On Loan: No      |
| New York State Energy Research & Development Authority                  | New York State Energy Research and Development Authority, Rochester Gas and Electric Corp., Project, Series 1997B                                      | CUSIP: 649845JD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4071504.40   | 1.03%             | 2032-08-01      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| New York State Thruway Authority                                        | New York State Thruway Authority, Series N                                                                                                             | CUSIP: 650009T94<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2313824.25   | 0.58%             | 2041-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                      | New York State Dormitory Authority, State Supported Debt University Facilities, Series 2020A                                                           | CUSIP: 64990GYB2<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1689727.60   | 0.43%             | 2050-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                      | New York State Dormitory Authority, Memorial Sloan Kettering Cancer Center, Series 2025 2-B                                                            | CUSIP: 64985SBY8<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1092641.00   | 0.28%             | 2049-07-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue | New York City Transitional Finance Authority, Future Tax Secured, Fiscal Year 2022, Series 2022F, Subseries F-1                                        | CUSIP: 64971XT81<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1949009.60   | 0.49%             | 2038-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York City Municipal Water Finance Authority                         | New York City Municipal Water Finance Authority, Water and Sewer System, Second General Resolution, Fiscal Year 2020, Series 2020CC-1                  | CUSIP: 64972GVG6<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1869979.20   | 0.47%             | 2041-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Empire State Development Corp.                                          | Empire State Development Corp., State Sales Tax, Series 2021A                                                                                          | CUSIP: 64985TCR0<br>LEI: 54930039Y2EMGXN6LM88 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4451457.00   | 1.12%             | 2044-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                      | New York State Dormitory Authority, Northwell Health Obligated Group, Series 2025A                                                                     | CUSIP: 65000B6X1<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1097006.40   | 0.28%             | 2035-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Thruway Authority                                        | New York State Thruway Authority, Series L                                                                                                             | CUSIP: 650009R54<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2250000 | PA      | $2353961.48   | 0.59%             | 2032-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Build NYC Resource Corp.                                                | Build NYC Resource Corp., Success Academy Charter School Project, Series 2025                                                                          | CUSIP: 12008EVK9<br>LEI: 549300GROJFKMNLWEK84 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1079938.60   | 0.27%             | 2033-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority                                   | Metropolitan Transportation Authority, Series 2024B                                                                                                    | CUSIP: 59261A3L9<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4099385.20   | 1.03%             | 2041-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Municipal Water Finance Authority                         | New York City Water and Sewer System, Second General Resolution, Series BB 1B                                                                          | CUSIP: 64972GMK7<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | STIV             | MUN               | US        |   6000000 | PA      | $6000000.00   | 1.51%             | 2049-06-15      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| Build NYC Resource Corp.                                                | Build NYC Resource Corp., The Young Men's and Women's Hebrew Association Project, Series 2024                                                          | CUSIP: 12008EVX1<br>LEI: 549300GROJFKMNLWEK84 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1052745.30   | 0.27%             | 2027-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Saratoga County Capital Resource Corp.                                  | Saratoga County Capital Resource Corp., WSWHE Boces Project                                                                                            | CUSIP: 80349LAE5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    470000 | PA      | $527657.63    | 0.13%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Yonkers NY                                                      | City of Yonkers, Series 2024B                                                                                                                          | CUSIP: 9860823D5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1043580.70   | 0.26%             | 2042-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Housing Finance Agency                                   | New York State Housing Finance Agency, State Personal Income Tax, Series 2024B-2                                                                       | CUSIP: 649870PH9<br>LEI: 5493000LS7KCDB02O506 | Long             | STIV             | MUN               | US        |   1500000 | PA      | $1504217.85   | 0.38%             | 2054-12-15      | Variable      | 3.30%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                      | New York State Dormitory Authority, Rosewell Park Cancer Institute Obligated Group                                                                     | CUSIP: 64985SNG4<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1300018.88   | 0.33%             | 2050-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Town of Oyster Bay NY                                                   | Town of Oyster Bay                                                                                                                                     | CUSIP: 692160VE1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6000000 | PA      | $6082945.80   | 1.53%             | 2026-08-21      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                    | Triborough Bridge and Tunnel Authority, MTA Bridges and Tunnels, Series 2020A                                                                          | CUSIP: 89602RGA7<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1492552.65   | 0.38%             | 2054-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                      | New York State Dormitory Authority, Mount Sinai Obligated Group                                                                                        | CUSIP: 64985SMR1<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1929960.00   | 0.49%             | 2045-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                      | New York State Dormitory Authority, Northwell Health Obligated Group, Series 2022A                                                                     | CUSIP: 65000BNG9<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   1595000 | PA      | $1361823.92   | 0.34%             | 2052-05-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| New York State Housing Finance Agency                                   | New York State Housing Finance Agency, 160 West 62nd Street Housing, Series 2011A-2                                                                    | CUSIP: 64987JZ38<br>LEI: 5493000LS7KCDB02O506 | Long             | STIV             | MUN               | US        |   2000000 | PA      | $2012414.40   | 0.51%             | 2044-11-01      | Variable      | 3.60%                 | No            |                  2 | On Loan: No      |
| Oneida County Local Development Corp.                                   | Oneida County Local Development Corp., Mohawk Valley Health System Project, Series 2019A                                                               | CUSIP: 682440BM3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1785000 | PA      | $1520695.76   | 0.38%             | 2049-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue | New York City Transitional Finance Authority, Future Tax Secured, Fiscal Year 2019, Series 2019C-4                                                     | CUSIP: 64971XKS6<br>LEI: N/A                  | Long             | STIV             | MUN               | US        |   1100000 | PA      | $1100000.00   | 0.28%             | 2044-11-01      | Variable      | 3.85%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority                            | New York City Transitional Finance Authority, Future Tax Secured, Fiscal Year 2025, Series 2025D                                                       | CUSIP: 64972JNK0<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1027885.20   | 0.26%             | 2044-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Build NYC Resource Corp.                                                | Build NYC Resource Corp., Urban Resource Institute Project                                                                                             | CUSIP: 12008EWM4<br>LEI: 549300GROJFKMNLWEK84 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1021600.10   | 0.26%             | 2041-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                     | City of New York, Fiscal Year 2025, Series 2025G, Subseries G-1                                                                                        | CUSIP: 64966SME3<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1027339.10   | 0.26%             | 2050-02-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue | New York City Transitional Finance Authority, Future Tax Secured, Subordinate, Fiscal Year 2019, Series B-1                                            | CUSIP: 64971XHJ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1535000 | PA      | $1603957.57   | 0.40%             | 2034-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Empire State Development Corp.                                          | Empire State Development Corp., State Personal Income Tax, General Purpose, Series 2020A                                                               | CUSIP: 650036AK2<br>LEI: 54930039Y2EMGXN6LM88 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2829771.30   | 0.71%             | 2040-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Building Aid Revenue       | New York City Transitional Finance Authority, Building Aid, Fiscal Year 2019, Series 2019S-3A                                                          | CUSIP: 64972HY63<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4197773.60   | 1.06%             | 2034-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Hudson Yards Infrastructure Corp.                                       | Hudson Yards Infrastructure Corp., Second Indenture, Series 2022A                                                                                      | CUSIP: 44420RCB4<br>LEI: 549300EE2HJ67TPURL87 | Long             | DBT              | MUN               | US        |   1730000 | PA      | $1675740.97   | 0.42%             | 2040-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York City Municipal Water Finance Authority                         | New York City Municipal Water Finance Authority, Second General Resolution, Series 2025BB                                                              | CUSIP: 64972GL44<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1015704.90   | 0.26%             | 2048-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority                                   | Metropolitan Transportation Authority, Series 2016B                                                                                                    | CUSIP: 59261AFL6<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |   3480000 | PA      | $3495296.69   | 0.88%             | 2025-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority                                   | Metropolitan Transportation Authority, Series 2020C-1                                                                                                  | CUSIP: 59261AG50<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |   2200000 | PA      | $2189927.74   | 0.55%             | 2055-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                     | City of New York, Fiscal Year 2024, Series 2024A                                                                                                       | CUSIP: 64966Q6L9<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |   3850000 | PA      | $3906507.61   | 0.98%             | 2045-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp.                               | New York Transportation Development Corp., Delta Air Lines, Inc., LaGuardia Airport Terminals C&D Redevelopment Project, Series 2018                   | CUSIP: 650116CE4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4016004.00   | 1.01%             | 2026-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Environmental Facilities Corp.                           | New York State Environmental Facilities Corp., State Clean Water and Drinking Water Revolving Funds, Pooled Financing Program, Series 2005B            | CUSIP: 64986AJC6<br>LEI: 549300QJ33JJW73OQO60 | Long             | DBT              | MUN               | US        |   3535000 | PA      | $3547245.59   | 0.89%             | 2025-10-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                      | New York State Dormitory Authority, The New School, Series 2025A                                                                                       | CUSIP: 64985SBV4<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1277570.85   | 0.32%             | 2050-07-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Hudson Yards Infrastructure Corp.                                       | Hudson Yards Infrastructure Corp., Second Indenture, Series 2017A                                                                                      | CUSIP: 44420RBA7<br>LEI: 549300EE2HJ67TPURL87 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2547175.50   | 0.64%             | 2037-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue | New York City Transitional Finance Authority, Future Tax Secured, Fiscal Year 2023, Series 2023F                                                       | CUSIP: 64971X7C6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2063884.60   | 0.52%             | 2042-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                    | Triborough Bridge and Tunnel Authority, MTA Bridges and Tunnels                                                                                        | CUSIP: 89602RND3<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1297599.00   | 0.33%             | 2043-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Jefferson County Port Authority                                         | Jefferson County Port Authority, JSW Steel USA Ohio, Inc., Project, Series 2023                                                                        | CUSIP: 473318AB9<br>LEI: N/A                  | Long             | STIV             | MUN               | US        |   1000000 | PA      | $1002050.90   | 0.25%             | 2028-12-01      | Variable      | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Buckeye Tobacco Settlement Financing Authority                          | Buckeye Tobacco Settlement Financing Authority, Series 2020B-3, Class 2                                                                                | CUSIP: 118217DA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3900000 | PA      | $341206.71    | 0.09%             | 2057-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |

### Signature

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

**Name of Applicant:** JPMorgan Trust I

**Signature:** Timothy J. Clemens

**Name of Signer:** Timothy J. Clemens

**Title:** Treasurer and Principal Financial Officer