# EDGAR Filing Document

**Accession Number:** 0001282693
**File Stem:** 0000894189-25-015337
**Filing Date:** 2025-11
**Character Count:** 470462
**Document Hash:** eabebc6668777dfa926c279354e8fdf8
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000894189-25-015337.hdr.sgml**: 20251125

**ACCESSION NUMBER**: 0000894189-25-015337

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251125

**DATE AS OF CHANGE**: 20251125

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** BAIRD FUNDS INC
- **CENTRAL INDEX KEY:** 0001282693

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** WI
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-09997
- **FILM NUMBER:** 251522285

**BUSINESS ADDRESS:**
- **STREET 1:** 777 EAST WISCONSIN AVENUE
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53202
- **BUSINESS PHONE:** 414-765-3500

**MAIL ADDRESS:**
- **STREET 1:** 777 EAST WISCONSIN AVENUE
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53202

## Series and Classes Contracts Data

### Baird Municipal Bond Fund (Series ID: S000067040)

| Class ID   | Class Name    | Ticker Symbol   |
|:---|:---|:---|
| C000215710 | Institutional | BMQIX           |
| C000215711 | Investor      | BMQSX           |

## Nport-Ex

---

| | | | |
|:---|:---|:---|:---|
| **Baird Municipal Bond Fund** | **Baird Municipal Bond Fund** | **Baird Municipal Bond Fund** | **Baird Municipal Bond Fund** |
| **Schedule of Investments** | **Schedule of Investments** | **Schedule of Investments** | **Schedule of Investments** |
| **September 30, 2025 (Unaudited)** | **September 30, 2025 (Unaudited)** | **September 30, 2025 (Unaudited)** | **September 30, 2025 (Unaudited)** |
| **MUNICIPAL BONDS - 100.0%** | **MUNICIPAL BONDS - 100.0%** | **Par** | **Value**  |
| **Alabama - 3.1%** | **Alabama - 3.1%** | **Alabama - 3.1%** | **Alabama - 3.1%** |
|  Alabama Corrections Institution Finance Authority, 5.00%, 07/01/2037 (Callable 07/01/2032) | Alabama Corrections Institution Finance Authority, 5.00%, 07/01/2037 (Callable 07/01/2032) | $500000 | $542455 |
|  Alabama Special Care Facilities Financing Authority-Birmingham AL, 5.00%, 06/01/2026 (Callable 11/01/2025) | Alabama Special Care Facilities Financing Authority-Birmingham AL, 5.00%, 06/01/2026 (Callable 11/01/2025) | 110000 | 110140 |
| Black Belt Energy Gas District | Black Belt Energy Gas District | Black Belt Energy Gas District | Black Belt Energy Gas District |
| &nbsp;&nbsp; 4.00%, 12/01/2049 (Callable 12/01/2025) <sup>(a)</sup> | &nbsp;&nbsp; 4.00%, 12/01/2049 (Callable 12/01/2025) <sup>(a)</sup> | 100000 | 100334 |
| &nbsp;&nbsp; 5.00%, 05/01/2053 <sup>(a)</sup> | &nbsp;&nbsp; 5.00%, 05/01/2053 <sup>(a)</sup> | 755000 | 793177 |
| &nbsp;&nbsp; 5.00%, 05/01/2055 (Callable 04/01/2031) <sup>(a)</sup> | &nbsp;&nbsp; 5.00%, 05/01/2055 (Callable 04/01/2031) <sup>(a)</sup> | 500000 | 542669 |
| &nbsp;&nbsp; 5.00%, 12/01/2055 (Callable 05/01/2035) <sup>(a)</sup> | &nbsp;&nbsp; 5.00%, 12/01/2055 (Callable 05/01/2035) <sup>(a)</sup> | 1000000 | 1095202 |
|  Chilton County Health Care Authority, 3.00%, 11/01/2027 (Callable 11/01/2025) | Chilton County Health Care Authority, 3.00%, 11/01/2027 (Callable 11/01/2025) | 100000 | 99862 |
|  City of Mobile AL, 5.00%, 02/15/2040 (Callable 02/15/2035) | City of Mobile AL, 5.00%, 02/15/2040 (Callable 02/15/2035) | 1500000 | 1648854 |
|  Clarke-Mobile Counties Gas District, 5.00%, 10/01/2031 | Clarke-Mobile Counties Gas District, 5.00%, 10/01/2031 | 1580000 | 1763586 |
|  County of Jefferson AL Sewer Revenue, 5.25%, 10/01/2049 (Callable 10/01/2033) | County of Jefferson AL Sewer Revenue, 5.25%, 10/01/2049 (Callable 10/01/2033) | 1000000 | 1031480 |
|  Houston County Board of Education, 2.00%, 12/01/2040 (Callable 12/01/2030) | Houston County Board of Education, 2.00%, 12/01/2040 (Callable 12/01/2030) | 445000 | 308447 |
|  Industrial Development Board of the City of Mobile Alabama, 3.92%, 06/01/2034 <sup>(a)</sup> | Industrial Development Board of the City of Mobile Alabama, 3.92%, 06/01/2034 <sup>(a)</sup> | 600000 | 601988 |
|  Jacksonville Public Educational Building Authority, 5.00%, 08/01/2056 (Callable 08/01/2034) | Jacksonville Public Educational Building Authority, 5.00%, 08/01/2056 (Callable 08/01/2034) | 2500000 | 2514970 |
|  Jacksonville State University, 5.00%, 12/01/2036 (Callable 12/01/2027) | Jacksonville State University, 5.00%, 12/01/2036 (Callable 12/01/2027) | 500000 | 518948 |
|  Montgomery County Public Facilities Authority/AL, 3.75%, 03/01/2052 (Callable 03/01/2032) | Montgomery County Public Facilities Authority/AL, 3.75%, 03/01/2052 (Callable 03/01/2032) | 5000 | 3808 |
| Southeast Energy Authority A Cooperative District | Southeast Energy Authority A Cooperative District | Southeast Energy Authority A Cooperative District | Southeast Energy Authority A Cooperative District |
| &nbsp;&nbsp; 5.00%, 11/01/2026 | &nbsp;&nbsp; 5.00%, 11/01/2026 | 475000 | 484987 |
| &nbsp;&nbsp; 5.00%, 11/01/2027 | &nbsp;&nbsp; 5.00%, 11/01/2027 | 300000 | 312696 |
| &nbsp;&nbsp; 5.00%, 09/01/2033 | &nbsp;&nbsp; 5.00%, 09/01/2033 | 325000 | 354596 |
| &nbsp;&nbsp; 5.00%, 09/01/2035 (Callable 06/01/2035) | &nbsp;&nbsp; 5.00%, 09/01/2035 (Callable 06/01/2035) | 1250000 | 1375642 |
| &nbsp;&nbsp; 5.00%, 11/01/2035 (Callable 11/01/2034) | &nbsp;&nbsp; 5.00%, 11/01/2035 (Callable 11/01/2034) | 650000 | 685121 |
| &nbsp;&nbsp; 5.50%, 01/01/2053 (Callable 09/01/2029) <sup>(a)</sup> | &nbsp;&nbsp; 5.50%, 01/01/2053 (Callable 09/01/2029) <sup>(a)</sup> | 250000 | 271485 |
| &nbsp;&nbsp; 5.00%, 01/01/2054 (Callable 03/01/2030) <sup>(a)</sup> | &nbsp;&nbsp; 5.00%, 01/01/2054 (Callable 03/01/2030) <sup>(a)</sup> | 1250000 | 1336950 |
| &nbsp;&nbsp; 5.25%, 01/01/2054 (Callable 04/01/2029) <sup>(a)</sup> | &nbsp;&nbsp; 5.25%, 01/01/2054 (Callable 04/01/2029) <sup>(a)</sup> | 1000000 | 1060041 |
|  State of Alabama Docks Department, 5.00%, 10/01/2032 (Callable 10/01/2027) <sup>(b)</sup> | State of Alabama Docks Department, 5.00%, 10/01/2032 (Callable 10/01/2027) <sup>(b)</sup> | 1000000 | 1026758 |
|  University of South Alabama, 5.00%, 11/01/2033 (Callable 11/01/2026) | University of South Alabama, 5.00%, 11/01/2033 (Callable 11/01/2026) | 1000000 | 1015768 |
|  |  |  | 19599964 |
| **Alaska - 0.2%** | **Alaska - 0.2%** | **Alaska - 0.2%** | **Alaska - 0.2%** |
|  Alaska Municipal Bond Bank Authority, 5.25%, 12/01/2045 (Callable 12/01/2034) <sup>(b)</sup> | Alaska Municipal Bond Bank Authority, 5.25%, 12/01/2045 (Callable 12/01/2034) <sup>(b)</sup> | 580000 | 597865 |
|  Municipality of Anchorage AK, 5.50%, 02/01/2045 (Callable 02/01/2034) <sup>(b)</sup> | Municipality of Anchorage AK, 5.50%, 02/01/2045 (Callable 02/01/2034) <sup>(b)</sup> | 500000 | 530762 |
|  |  |  | 1128627 |
| **Arizona - 1.8%** | **Arizona - 1.8%** | **Arizona - 1.8%** | **Arizona - 1.8%** |
| Arizona Industrial Development Authority | Arizona Industrial Development Authority | Arizona Industrial Development Authority | Arizona Industrial Development Authority |
| &nbsp;&nbsp; 5.00%, 07/01/2026 <sup>(c)</sup> | &nbsp;&nbsp; 5.00%, 07/01/2026 <sup>(c)</sup> | 90000 | 90648 |
| &nbsp;&nbsp; 4.00%, 07/15/2027 <sup>(c)</sup> | &nbsp;&nbsp; 4.00%, 07/15/2027 <sup>(c)</sup> | 125000 | 124553 |
| &nbsp;&nbsp; 4.75%, 12/15/2028 (Callable 12/15/2026) <sup>(c)</sup> | &nbsp;&nbsp; 4.75%, 12/15/2028 (Callable 12/15/2026) <sup>(c)</sup> | 185000 | 186814 |
| &nbsp;&nbsp; 4.00%, 07/15/2030 (Callable 07/15/2027) <sup>(c)</sup> | &nbsp;&nbsp; 4.00%, 07/15/2030 (Callable 07/15/2027) <sup>(c)</sup> | 190000 | 189247 |
| &nbsp;&nbsp; 5.00%, 10/01/2030 (Callable 10/01/2026) <sup>(c)</sup> | &nbsp;&nbsp; 5.00%, 10/01/2030 (Callable 10/01/2026) <sup>(c)</sup> | 100000 | 99369 |
| &nbsp;&nbsp; 4.00%, 07/01/2032 (Callable 01/01/2028) | &nbsp;&nbsp; 4.00%, 07/01/2032 (Callable 01/01/2028) | 100000 | 100436 |
| &nbsp;&nbsp; 4.00%, 11/01/2035 (Callable 11/01/2031) | &nbsp;&nbsp; 4.00%, 11/01/2035 (Callable 11/01/2031) | 500000 | 497366 |
| &nbsp;&nbsp; 5.00%, 07/01/2048 (Callable 01/01/2028) | &nbsp;&nbsp; 5.00%, 07/01/2048 (Callable 01/01/2028) | 200000 | 194625 |
| &nbsp;&nbsp; 5.25%, 11/01/2053 (Callable 11/01/2032) | &nbsp;&nbsp; 5.25%, 11/01/2053 (Callable 11/01/2032) | 1750000 | 1775748 |
| Glendale Industrial Development Authority | Glendale Industrial Development Authority | Glendale Industrial Development Authority | Glendale Industrial Development Authority |
| &nbsp;&nbsp; 4.00%, 05/15/2027 (Callable 10/22/2025) | &nbsp;&nbsp; 4.00%, 05/15/2027 (Callable 10/22/2025) | 230000 | 228606 |
| &nbsp;&nbsp; 4.00%, 05/15/2031 (Callable 10/22/2025) | &nbsp;&nbsp; 4.00%, 05/15/2031 (Callable 10/22/2025) | 500000 | 488978 |
| &nbsp;&nbsp; 2.13%, 07/01/2033 (Callable 07/01/2029) <sup>(b)</sup> | &nbsp;&nbsp; 2.13%, 07/01/2033 (Callable 07/01/2029) <sup>(b)</sup> | 730000 | 616179 |
|  Industrial Development Authority of the City of Phoenix Arizona, 5.00%, 10/15/2044 (Callable 10/15/2034) | Industrial Development Authority of the City of Phoenix Arizona, 5.00%, 10/15/2044 (Callable 10/15/2034) | 1195000 | 1236771 |
|  Industrial Development Authority of the County of Pima, 4.00%, 07/01/2029 | Industrial Development Authority of the County of Pima, 4.00%, 07/01/2029 | 25000 | 25258 |
|  Maricopa County Industrial Development Authority, 5.00%, 09/01/2042 (Callable 09/01/2028) | Maricopa County Industrial Development Authority, 5.00%, 09/01/2042 (Callable 09/01/2028) | 1500000 | 1520894 |
| Maricopa County School District No 83-Cartwright Elementary | Maricopa County School District No 83-Cartwright Elementary | Maricopa County School District No 83-Cartwright Elementary | Maricopa County School District No 83-Cartwright Elementary |
| &nbsp;&nbsp; 5.00%, 07/01/2040 (Callable 07/01/2033) | &nbsp;&nbsp; 5.00%, 07/01/2040 (Callable 07/01/2033) | 500000 | 538725 |
| &nbsp;&nbsp; 5.00%, 07/01/2042 (Callable 07/01/2033) | &nbsp;&nbsp; 5.00%, 07/01/2042 (Callable 07/01/2033) | 875000 | 927041 |
|  Salt Verde Financial Corp., 5.25%, 12/01/2026 | Salt Verde Financial Corp., 5.25%, 12/01/2026 | 1545000 | 1576241 |
| Town of Marana AZ Pledged Excise Revenue | Town of Marana AZ Pledged Excise Revenue | Town of Marana AZ Pledged Excise Revenue | Town of Marana AZ Pledged Excise Revenue |
| &nbsp;&nbsp; 5.00%, 07/01/2037 (Callable 07/01/2029) | &nbsp;&nbsp; 5.00%, 07/01/2037 (Callable 07/01/2029) | 190000 | 200336 |
| &nbsp;&nbsp; 5.00%, 07/01/2038 (Callable 07/01/2029) | &nbsp;&nbsp; 5.00%, 07/01/2038 (Callable 07/01/2029) | 225000 | 236047 |
| &nbsp;&nbsp; 5.00%, 07/01/2039 (Callable 07/01/2029) | &nbsp;&nbsp; 5.00%, 07/01/2039 (Callable 07/01/2029) | 225000 | 235070 |
|  |  |  | 11088952 |
| **Arkansas - 0.5%** | **Arkansas - 0.5%** | **Arkansas - 0.5%** | **Arkansas - 0.5%** |
|  Arkadelphia Water & Sewer System, 5.00%, 12/01/2053 (Callable 06/01/2029) | Arkadelphia Water & Sewer System, 5.00%, 12/01/2053 (Callable 06/01/2029) | 450000 | 455253 |
|  Arkansas Development Finance Authority, 5.00%, 02/01/2036 (Callable 02/01/2031) | Arkansas Development Finance Authority, 5.00%, 02/01/2036 (Callable 02/01/2031) | 790000 | 812676 |
|  Batesville Public Facilities Board, 5.00%, 06/01/2026 | Batesville Public Facilities Board, 5.00%, 06/01/2026 | 150000 | 150287 |
|  City of Heber Springs AR Sales & Use Tax, 1.63%, 06/01/2047 (Callable 06/01/2028) | City of Heber Springs AR Sales & Use Tax, 1.63%, 06/01/2047 (Callable 06/01/2028) | 60000 | 58974 |
|  City of Marion AR Sales & Use Tax Revenue, 5.00%, 11/01/2037 (Callable 11/01/2032) <sup>(d)</sup> | City of Marion AR Sales & Use Tax Revenue, 5.00%, 11/01/2037 (Callable 11/01/2032) <sup>(d)</sup> | 895000 | 962828 |
| City of West Memphis AR Public Utility System Revenue | City of West Memphis AR Public Utility System Revenue | City of West Memphis AR Public Utility System Revenue | City of West Memphis AR Public Utility System Revenue |
| &nbsp;&nbsp; 3.00%, 12/01/2041 (Callable 12/01/2028) | &nbsp;&nbsp; 3.00%, 12/01/2041 (Callable 12/01/2028) | 380000 | 308690 |
| &nbsp;&nbsp; 4.25%, 12/01/2054 (Callable 12/01/2031) | &nbsp;&nbsp; 4.25%, 12/01/2054 (Callable 12/01/2031) | 500000 | 460853 |
|  |  |  | 3209561 |
| **California - 4.0%** | **California - 4.0%** | **California - 4.0%** | **California - 4.0%** |
| California Community Choice Financing Authority | California Community Choice Financing Authority | California Community Choice Financing Authority | California Community Choice Financing Authority |
| &nbsp;&nbsp; 5.00%, 10/01/2028 | &nbsp;&nbsp; 5.00%, 10/01/2028 | 2000000 | 2101895 |
| &nbsp;&nbsp; 4.00%, 10/01/2052 (Callable 09/01/2027) <sup>(a)</sup> | &nbsp;&nbsp; 4.00%, 10/01/2052 (Callable 09/01/2027) <sup>(a)</sup> | 1000000 | 1022863 |
| &nbsp;&nbsp; 5.25%, 01/01/2054 (Callable 10/01/2030) <sup>(a)</sup> | &nbsp;&nbsp; 5.25%, 01/01/2054 (Callable 10/01/2030) <sup>(a)</sup> | 200000 | 213382 |
| &nbsp;&nbsp; 5.00%, 01/01/2056 (Callable 05/01/2033) <sup>(a)</sup> | &nbsp;&nbsp; 5.00%, 01/01/2056 (Callable 05/01/2033) <sup>(a)</sup> | 1000000 | 1115631 |
| California Housing Finance Agency | California Housing Finance Agency | California Housing Finance Agency | California Housing Finance Agency |
| &nbsp;&nbsp; 3.75%, 03/25/2035 | &nbsp;&nbsp; 3.75%, 03/25/2035 | 472099 | 475191 |
| &nbsp;&nbsp; 4.38%, 09/20/2036 | &nbsp;&nbsp; 4.38%, 09/20/2036 | 489385 | 500045 |
|  California Municipal Finance Authority, 4.00%, 12/01/2043 (Callable 12/01/2034) | California Municipal Finance Authority, 4.00%, 12/01/2043 (Callable 12/01/2034) | 1000000 | 942818 |
|  California Pollution Control Financing Authority, 5.00%, 07/01/2029 <sup>(c)</sup> | California Pollution Control Financing Authority, 5.00%, 07/01/2029 <sup>(c)</sup> | 250000 | 259223 |
|  California Public Finance Authority, 6.50%, 06/01/2054 (Callable 06/01/2031) <sup>(c)</sup> | California Public Finance Authority, 6.50%, 06/01/2054 (Callable 06/01/2031) <sup>(c)</sup> | 130000 | 124856 |
|  California State University, 3.13%, 11/01/2051 (Callable 05/01/2026) <sup>(a)</sup> | California State University, 3.13%, 11/01/2051 (Callable 05/01/2026) <sup>(a)</sup> | 750000 | 750671 |
|  City of Los Angeles Department of Airports, 5.00%, 05/15/2033 (Callable 05/15/2029) <sup>(b)</sup> | City of Los Angeles Department of Airports, 5.00%, 05/15/2033 (Callable 05/15/2029) <sup>(b)</sup> | 500000 | 527388 |
|  El Dorado Irrigation District, 5.00%, 03/01/2044 (Callable 03/01/2034) | El Dorado Irrigation District, 5.00%, 03/01/2044 (Callable 03/01/2034) | 300000 | 319875 |
| Freddie Mac Multifamily ML Certificates | Freddie Mac Multifamily ML Certificates | Freddie Mac Multifamily ML Certificates | Freddie Mac Multifamily ML Certificates |
| &nbsp;&nbsp; 2.88%, 07/25/2036 | &nbsp;&nbsp; 2.88%, 07/25/2036 | 695670 | 646782 |
| &nbsp;&nbsp; 2.25%, 09/25/2037 | &nbsp;&nbsp; 2.25%, 09/25/2037 | 1363139 | 1151912 |
| &nbsp;&nbsp; 3.16%, 12/25/2038 <sup>(a)</sup> | &nbsp;&nbsp; 3.16%, 12/25/2038 <sup>(a)</sup> | 496001 | 437755 |
|  Inglewood Unified School District, 5.50%, 08/01/2044 (Callable 08/01/2035) | Inglewood Unified School District, 5.50%, 08/01/2044 (Callable 08/01/2035) | 1000000 | 1112140 |
|  Los Alamitos Unified School District, 6.05%, 08/01/2042 (Callable 08/01/2029) | Los Alamitos Unified School District, 6.05%, 08/01/2042 (Callable 08/01/2029) | 375000 | 405219 |
|  Los Angeles Department of Water & Power, 5.00%, 07/01/2043 (Callable 07/01/2032) | Los Angeles Department of Water & Power, 5.00%, 07/01/2043 (Callable 07/01/2032) | 75000 | 78197 |
| Los Angeles Department of Water & Power Water System Revenue | Los Angeles Department of Water & Power Water System Revenue | Los Angeles Department of Water & Power Water System Revenue | Los Angeles Department of Water & Power Water System Revenue |
| &nbsp;&nbsp; 5.00%, 07/01/2035 (Callable 01/01/2028) | &nbsp;&nbsp; 5.00%, 07/01/2035 (Callable 01/01/2028) | 1385000 | 1428935 |
| &nbsp;&nbsp; 5.00%, 07/01/2044 (Callable 07/01/2034) | &nbsp;&nbsp; 5.00%, 07/01/2044 (Callable 07/01/2034) | 665000 | 697651 |
| &nbsp;&nbsp; 5.00%, 07/01/2048 (Callable 01/01/2028) | &nbsp;&nbsp; 5.00%, 07/01/2048 (Callable 01/01/2028) | 540000 | 542989 |
|  Los Angeles Unified School District/CA, 5.25%, 07/01/2042 (Callable 01/01/2028) | Los Angeles Unified School District/CA, 5.25%, 07/01/2042 (Callable 01/01/2028) | 1500000 | 1543850 |
| Mayers Memorial Hospital District | Mayers Memorial Hospital District | Mayers Memorial Hospital District | Mayers Memorial Hospital District |
| &nbsp;&nbsp; 0.00%, 08/01/2029 <sup>(e)</sup> | &nbsp;&nbsp; 0.00%, 08/01/2029 <sup>(e)</sup> | 160000 | 136326 |
| &nbsp;&nbsp; 0.00%, 08/01/2030 <sup>(e)</sup> | &nbsp;&nbsp; 0.00%, 08/01/2030 <sup>(e)</sup> | 360000 | 291918 |
|  Morongo Unified School District, 5.50%, 08/01/2041 (Callable 08/01/2030) | Morongo Unified School District, 5.50%, 08/01/2041 (Callable 08/01/2030) | 425000 | 451308 |
|  Needles Unified School District, 0.00%, 08/01/2041 <sup>(e)</sup> | Needles Unified School District, 0.00%, 08/01/2041 <sup>(e)</sup> | 875000 | 721732 |
|  Orland Unified School District, 0.00%, 08/01/2047 (Callable 08/01/2037) <sup>(e)</sup> | Orland Unified School District, 0.00%, 08/01/2047 (Callable 08/01/2037) <sup>(e)</sup> | 260000 | 208534 |
| Paradise Unified School District | Paradise Unified School District | Paradise Unified School District | Paradise Unified School District |
| &nbsp;&nbsp; 5.00%, 05/01/2035 (Callable 05/01/2030) | &nbsp;&nbsp; 5.00%, 05/01/2035 (Callable 05/01/2030) | 505000 | 527290 |
| &nbsp;&nbsp; 5.00%, 05/01/2040 (Callable 05/01/2030) | &nbsp;&nbsp; 5.00%, 05/01/2040 (Callable 05/01/2030) | 405000 | 412636 |
|  Regents of the University of California Medical Center Pooled Revenue, 5.00%, 05/15/2041 (Callable 05/15/2032) | Regents of the University of California Medical Center Pooled Revenue, 5.00%, 05/15/2041 (Callable 05/15/2032) | 330000 | 351884 |
| River Islands Public Financing Authority | River Islands Public Financing Authority | River Islands Public Financing Authority | River Islands Public Financing Authority |
| &nbsp;&nbsp; 5.00%, 09/01/2045 (Callable 09/01/2032) | &nbsp;&nbsp; 5.00%, 09/01/2045 (Callable 09/01/2032) | 530000 | 564712 |
| &nbsp;&nbsp; 5.00%, 09/01/2050 (Callable 09/01/2032) | &nbsp;&nbsp; 5.00%, 09/01/2050 (Callable 09/01/2032) | 800000 | 837366 |
|  Sacramento City Unified School District/CA, 5.50%, 08/01/2047 (Callable 08/01/2030) | Sacramento City Unified School District/CA, 5.50%, 08/01/2047 (Callable 08/01/2030) | 2110000 | 2238261 |
|  San Francisco City & County Airport Comm-San Francisco International Airport, 5.75%, 05/01/2048 (Callable 05/01/2033) <sup>(b)</sup> | San Francisco City & County Airport Comm-San Francisco International Airport, 5.75%, 05/01/2048 (Callable 05/01/2033) <sup>(b)</sup> | 1000000 | 1067124 |
|  San Ysidro School District, 0.00%, 08/01/2031 <sup>(e)</sup> | San Ysidro School District, 0.00%, 08/01/2031 <sup>(e)</sup> | 600000 | 501609 |
|  Siskiyou Community College District, 0.00%, 08/01/2031 <sup>(e)</sup> | Siskiyou Community College District, 0.00%, 08/01/2031 <sup>(e)</sup> | 240000 | 204016 |
|  Stockton Unified School District, 0.00%, 08/01/2050 (Callable 08/01/2037) <sup>(e)</sup> | Stockton Unified School District, 0.00%, 08/01/2050 (Callable 08/01/2037) <sup>(e)</sup> | 500000 | 567924 |
|  |  |  | 25481908 |
| **Colorado - 3.0%** | **Colorado - 3.0%** | **Colorado - 3.0%** | **Colorado - 3.0%** |
|  Adams County School District No 14, 5.50%, 12/01/2042 (Callable 12/01/2034) | Adams County School District No 14, 5.50%, 12/01/2042 (Callable 12/01/2034) | 1000000 | 1111533 |
|  Baseline Metropolitan District No 1, 4.00%, 12/01/2046 (Callable 12/01/2029) | Baseline Metropolitan District No 1, 4.00%, 12/01/2046 (Callable 12/01/2029) | 1000000 | 933988 |
|  Centennial Water & Sanitation District, 5.25%, 12/01/2048 (Callable 12/01/2028) | Centennial Water & Sanitation District, 5.25%, 12/01/2048 (Callable 12/01/2028) | 500000 | 512502 |
|  Colorado Bridge & Tunnel Enterprise, 5.25%, 12/01/2050 (Callable 12/01/2034) | Colorado Bridge & Tunnel Enterprise, 5.25%, 12/01/2050 (Callable 12/01/2034) | 3250000 | 3444951 |
| Colorado Bridge Enterprise | Colorado Bridge Enterprise | Colorado Bridge Enterprise | Colorado Bridge Enterprise |
| &nbsp;&nbsp; 4.00%, 12/31/2030 (Callable 12/31/2027) <sup>(b)</sup> | &nbsp;&nbsp; 4.00%, 12/31/2030 (Callable 12/31/2027) <sup>(b)</sup> | 750000 | 758120 |
| &nbsp;&nbsp; 4.00%, 06/30/2031 (Callable 12/31/2027) <sup>(b)</sup> | &nbsp;&nbsp; 4.00%, 06/30/2031 (Callable 12/31/2027) <sup>(b)</sup> | 250000 | 252371 |
| Colorado Educational & Cultural Facilities Authority | Colorado Educational & Cultural Facilities Authority | Colorado Educational & Cultural Facilities Authority | Colorado Educational & Cultural Facilities Authority |
| &nbsp;&nbsp; 5.00%, 10/01/2028 (Callable 11/01/2025) | &nbsp;&nbsp; 5.00%, 10/01/2028 (Callable 11/01/2025) | 350000 | 332667 |
| &nbsp;&nbsp; 2.00%, 09/01/2030 (Callable 09/01/2028) | &nbsp;&nbsp; 2.00%, 09/01/2030 (Callable 09/01/2028) | 70000 | 65919 |
| &nbsp;&nbsp; 5.00%, 10/01/2030 (Callable 11/01/2025) | &nbsp;&nbsp; 5.00%, 10/01/2030 (Callable 11/01/2025) | 420000 | 386321 |
| &nbsp;&nbsp; 5.00%, 12/01/2038 (Callable 12/01/2028) | &nbsp;&nbsp; 5.00%, 12/01/2038 (Callable 12/01/2028) | 75000 | 76746 |
| &nbsp;&nbsp; 5.00%, 07/01/2045 (Callable 07/01/2035) | &nbsp;&nbsp; 5.00%, 07/01/2045 (Callable 07/01/2035) | 625000 | 641838 |
| Colorado Health Facilities Authority | Colorado Health Facilities Authority | Colorado Health Facilities Authority | Colorado Health Facilities Authority |
| &nbsp;&nbsp; 3.50%, 05/15/2030 (Callable 11/01/2025) | &nbsp;&nbsp; 3.50%, 05/15/2030 (Callable 11/01/2025) | 300000 | 285644 |
| &nbsp;&nbsp; 5.00%, 08/01/2035 (Callable 08/01/2029) | &nbsp;&nbsp; 5.00%, 08/01/2035 (Callable 08/01/2029) | 1400000 | 1467228 |
| &nbsp;&nbsp; 5.00%, 08/01/2044 (Callable 08/01/2029) | &nbsp;&nbsp; 5.00%, 08/01/2044 (Callable 08/01/2029) | 625000 | 630357 |
|  Colorado Housing and Finance Authority, 3.50%, 11/01/2043 (Callable 05/01/2026) <sup>(a)</sup> | Colorado Housing and Finance Authority, 3.50%, 11/01/2043 (Callable 05/01/2026) <sup>(a)</sup> | 500000 | 501442 |
|  Denver City & County Housing Authority, 5.00%, 07/01/2027 (Callable 07/01/2026) | Denver City & County Housing Authority, 5.00%, 07/01/2027 (Callable 07/01/2026) | 500000 | 507175 |
|  Denver Health & Hospital Authority, 5.00%, 12/01/2033 (Callable 12/01/2028) | Denver Health & Hospital Authority, 5.00%, 12/01/2033 (Callable 12/01/2028) | 400000 | 416040 |
|  Durango School District No 9-R, 5.25%, 11/01/2044 (Callable 11/01/2034) | Durango School District No 9-R, 5.25%, 11/01/2044 (Callable 11/01/2034) | 1000000 | 1079811 |
|  Grand River Hospital District, 5.25%, 12/01/2031 (Callable 12/01/2028) | Grand River Hospital District, 5.25%, 12/01/2031 (Callable 12/01/2028) | 75000 | 79552 |
|  Regional Transportation District, 4.00%, 07/15/2039 | Regional Transportation District, 4.00%, 07/15/2039 | 115000 | 110585 |
|  State of Colorado, 5.25%, 03/15/2042 (Callable 03/15/2027) | State of Colorado, 5.25%, 03/15/2042 (Callable 03/15/2027) | 1000000 | 1011461 |
| Vail Home Partners Corp. | Vail Home Partners Corp. | Vail Home Partners Corp. | Vail Home Partners Corp. |
| &nbsp;&nbsp; 5.75%, 10/01/2045 (Callable 04/01/2035) <sup>(c)</sup> | &nbsp;&nbsp; 5.75%, 10/01/2045 (Callable 04/01/2035) <sup>(c)</sup> | 625000 | 632433 |
| &nbsp;&nbsp; 5.88%, 10/01/2055 (Callable 04/01/2035) <sup>(c)</sup> | &nbsp;&nbsp; 5.88%, 10/01/2055 (Callable 04/01/2035) <sup>(c)</sup> | 1250000 | 1262602 |
|  Vauxmont Metropolitan District, 3.25%, 12/15/2050 (Callable 10/22/2025) | Vauxmont Metropolitan District, 3.25%, 12/15/2050 (Callable 10/22/2025) | 131000 | 100780 |
|  Weld County School District No RE-4, 5.25%, 12/01/2047 (Callable 12/01/2032) | Weld County School District No RE-4, 5.25%, 12/01/2047 (Callable 12/01/2032) | 1000000 | 1063223 |
|  Windy Gap Firming Project Water Activity Enterprise, 5.00%, 07/15/2046 (Callable 07/15/2031) | Windy Gap Firming Project Water Activity Enterprise, 5.00%, 07/15/2046 (Callable 07/15/2031) | 1000000 | 1027893 |
|  |  |  | 18693182 |
| **Connecticut - 0.8%** | **Connecticut - 0.8%** | **Connecticut - 0.8%** | **Connecticut - 0.8%** |
|  Connecticut Housing Finance Authority, 4.80%, 05/01/2043 | Connecticut Housing Finance Authority, 4.80%, 05/01/2043 | 2625000 | 2640794 |
| Connecticut State Health & Educational Facilities Authority | Connecticut State Health & Educational Facilities Authority | Connecticut State Health & Educational Facilities Authority | Connecticut State Health & Educational Facilities Authority |
| &nbsp;&nbsp; 4.00%, 07/01/2029 (Callable 07/01/2028) | &nbsp;&nbsp; 4.00%, 07/01/2029 (Callable 07/01/2028) | 40000 | 40184 |
| &nbsp;&nbsp; 4.00%, 07/01/2031 (Callable 07/01/2028) | &nbsp;&nbsp; 4.00%, 07/01/2031 (Callable 07/01/2028) | 30000 | 29915 |
| &nbsp;&nbsp; 2.95%, 07/01/2049 <sup>(a)</sup> | &nbsp;&nbsp; 2.95%, 07/01/2049 <sup>(a)</sup> | 1000000 | 1001790 |
|  Connecticut State Higher Education Supplement Loan Authority, 5.00%, 11/15/2033 <sup>(b)</sup> | Connecticut State Higher Education Supplement Loan Authority, 5.00%, 11/15/2033 <sup>(b)</sup> | 540000 | 578445 |
|  Stamford Housing Authority, 4.25%, 10/01/2030 | Stamford Housing Authority, 4.25%, 10/01/2030 | 870000 | 881284 |
|  |  |  | 5172412 |
| **Delaware - 0.3%** | **Delaware - 0.3%** | **Delaware - 0.3%** | **Delaware - 0.3%** |
|  Delaware State Economic Development Authority, 5.00%, 10/01/2036 (Callable 11/01/2025) | Delaware State Economic Development Authority, 5.00%, 10/01/2036 (Callable 11/01/2025) | 595000 | 580943 |
|  Delaware State Housing Authority, 6.00%, 01/01/2055 (Callable 07/01/2033) | Delaware State Housing Authority, 6.00%, 01/01/2055 (Callable 07/01/2033) | 975000 | 1071481 |
|  |  |  | 1652424 |
| **District of Columbia - 0.2%** | **District of Columbia - 0.2%** | **District of Columbia - 0.2%** | **District of Columbia - 0.2%** |
|  District of Columbia, 5.00%, 07/01/2042 (Callable 07/01/2032) | District of Columbia, 5.00%, 07/01/2042 (Callable 07/01/2032) | 500000 | 484751 |
|  District of Columbia Income Tax Revenue, 5.50%, 07/01/2047 (Callable 07/01/2032) | District of Columbia Income Tax Revenue, 5.50%, 07/01/2047 (Callable 07/01/2032) | 1000000 | 1066846 |
|  |  |  | 1551597 |
| **Florida - 4.1%** | **Florida - 4.1%** | **Florida - 4.1%** | **Florida - 4.1%** |
|  Brevard County Health Facilities Authority, 5.00%, 04/01/2052 (Callable 04/01/2032) | Brevard County Health Facilities Authority, 5.00%, 04/01/2052 (Callable 04/01/2032) | 750000 | 749168 |
|  Capital Trust Agency, Inc., 3.38%, 07/01/2031 <sup>(c)</sup> | Capital Trust Agency, Inc., 3.38%, 07/01/2031 <sup>(c)</sup> | 330000 | 318825 |
|  Charlotte County Industrial Development Authority/FL, 6.13%, 10/01/2055 (Callable 10/01/2033) <sup>(b)</sup> | Charlotte County Industrial Development Authority/FL, 6.13%, 10/01/2055 (Callable 10/01/2033) <sup>(b)</sup> | 1000000 | 1031107 |
| City of Cape Coral FL Water & Sewer Revenue | City of Cape Coral FL Water & Sewer Revenue | City of Cape Coral FL Water & Sewer Revenue | City of Cape Coral FL Water & Sewer Revenue |
| &nbsp;&nbsp; 5.25%, 10/01/2048 (Callable 10/01/2033) | &nbsp;&nbsp; 5.25%, 10/01/2048 (Callable 10/01/2033) | 750000 | 794711 |
| &nbsp;&nbsp; 5.65%, 03/01/2054 (Callable 03/01/2033) | &nbsp;&nbsp; 5.65%, 03/01/2054 (Callable 03/01/2033) | 990000 | 1054194 |
|  City of Fort Lauderdale FL Water & Sewer Revenue, 5.50%, 09/01/2048 (Callable 09/01/2033) | City of Fort Lauderdale FL Water & Sewer Revenue, 5.50%, 09/01/2048 (Callable 09/01/2033) | 550000 | 594743 |
|  City of Orlando FL Tourist Development Tax Revenue, 5.00%, 11/01/2032 (Callable 11/01/2027) | City of Orlando FL Tourist Development Tax Revenue, 5.00%, 11/01/2032 (Callable 11/01/2027) | 1305000 | 1357219 |
|  City Of South Miami Health Facilities Authority, Inc., 5.00%, 08/15/2065 (Callable 05/15/2030) <sup>(a)</sup> | City Of South Miami Health Facilities Authority, Inc., 5.00%, 08/15/2065 (Callable 05/15/2030) <sup>(a)</sup> | 1000000 | 1098963 |
| City of Tampa FL Water & Wastewater System Revenue | City of Tampa FL Water & Wastewater System Revenue | City of Tampa FL Water & Wastewater System Revenue | City of Tampa FL Water & Wastewater System Revenue |
| &nbsp;&nbsp; 5.00%, 10/01/2047 (Callable 10/01/2032) | &nbsp;&nbsp; 5.00%, 10/01/2047 (Callable 10/01/2032) | 1000000 | 1046651 |
| &nbsp;&nbsp; 5.25%, 10/01/2057 (Callable 10/01/2032) | &nbsp;&nbsp; 5.25%, 10/01/2057 (Callable 10/01/2032) | 750000 | 787244 |
|  County of Bay FL, 5.00%, 09/01/2033 (Callable 11/01/2025) | County of Bay FL, 5.00%, 09/01/2033 (Callable 11/01/2025) | 640000 | 640543 |
|  County of Broward FL Airport System Revenue, 5.00%, 10/01/2033 (Callable 10/01/2029) <sup>(b)</sup> | County of Broward FL Airport System Revenue, 5.00%, 10/01/2033 (Callable 10/01/2029) <sup>(b)</sup> | 1500000 | 1579988 |
|  County of Broward FL Port Facilities Revenue, 5.00%, 09/01/2044 (Callable 09/01/2029) | County of Broward FL Port Facilities Revenue, 5.00%, 09/01/2044 (Callable 09/01/2029) | 1000000 | 1019650 |
|  County of Miami-Dade FL Transit System, 5.00%, 07/01/2049 (Callable 07/01/2032) | County of Miami-Dade FL Transit System, 5.00%, 07/01/2049 (Callable 07/01/2032) | 2000000 | 2054286 |
|  County of Okeechobee FL Half-Cent Sales Tax Revenue, 5.00%, 09/01/2044 (Callable 09/01/2034) | County of Okeechobee FL Half-Cent Sales Tax Revenue, 5.00%, 09/01/2044 (Callable 09/01/2034) | 435000 | 451244 |
|  County of Pasco FL, 5.00%, 09/01/2048 (Callable 03/01/2033) | County of Pasco FL, 5.00%, 09/01/2048 (Callable 03/01/2033) | 500000 | 511256 |
|  County of Sarasota FL Utility System Revenue, 5.25%, 10/01/2047 (Callable 10/01/2032) | County of Sarasota FL Utility System Revenue, 5.25%, 10/01/2047 (Callable 10/01/2032) | 1000000 | 1063534 |
| Florida Development Finance Corp. | Florida Development Finance Corp. | Florida Development Finance Corp. | Florida Development Finance Corp. |
| &nbsp;&nbsp; 5.25%, 06/15/2029 (Callable 06/15/2027) <sup>(c)</sup> | &nbsp;&nbsp; 5.25%, 06/15/2029 (Callable 06/15/2027) <sup>(c)</sup> | 830000 | 833565 |
| &nbsp;&nbsp; 5.00%, 08/15/2032 <sup>(c)</sup> | &nbsp;&nbsp; 5.00%, 08/15/2032 <sup>(c)</sup> | 455000 | 453057 |
| &nbsp;&nbsp; 3.40%, 09/01/2050 (Callable 06/03/2028) <sup>(a)(b)</sup> | &nbsp;&nbsp; 3.40%, 09/01/2050 (Callable 06/03/2028) <sup>(a)(b)</sup> | 2000000 | 1999261 |
|  Florida Higher Educational Facilities Financing Authority, 5.00%, 07/01/2035 (Callable 07/01/2033) <sup>(c)</sup> | Florida Higher Educational Facilities Financing Authority, 5.00%, 07/01/2035 (Callable 07/01/2033) <sup>(c)</sup> | 1000000 | 996874 |
| Florida Housing Finance Corp. | Florida Housing Finance Corp. | Florida Housing Finance Corp. | Florida Housing Finance Corp. |
| &nbsp;&nbsp; 2.33%, 07/01/2036 | &nbsp;&nbsp; 2.33%, 07/01/2036 | 451968 | 375269 |
| &nbsp;&nbsp; 4.20%, 01/01/2045 (Callable 01/01/2028) | &nbsp;&nbsp; 4.20%, 01/01/2045 (Callable 01/01/2028) | 40000 | 39223 |
|  Greater Orlando Aviation Authority, 5.00%, 10/01/2036 (Callable 10/01/2027) <sup>(b)</sup> | Greater Orlando Aviation Authority, 5.00%, 10/01/2036 (Callable 10/01/2027) <sup>(b)</sup> | 1000000 | 1019599 |
|  Miami-Dade County Housing Finance Authority, 4.88%, 03/01/2046 | Miami-Dade County Housing Finance Authority, 4.88%, 03/01/2046 | 1000000 | 997794 |
| Palm Beach County Educational Facilities Authority | Palm Beach County Educational Facilities Authority | Palm Beach County Educational Facilities Authority | Palm Beach County Educational Facilities Authority |
| &nbsp;&nbsp; 4.00%, 10/01/2027 | &nbsp;&nbsp; 4.00%, 10/01/2027 | 260000 | 261951 |
| &nbsp;&nbsp; 4.00%, 10/01/2028 | &nbsp;&nbsp; 4.00%, 10/01/2028 | 270000 | 272782 |
|  St Johns County Housing Finance Authority, 5.50%, 12/01/2028 (Callable 06/01/2026) <sup>(a)(c)</sup> | St Johns County Housing Finance Authority, 5.50%, 12/01/2028 (Callable 06/01/2026) <sup>(a)(c)</sup> | 500000 | 500179 |
|  Tolomato Community Development District, 4.00%, 05/01/2040 (Callable 05/01/2032) | Tolomato Community Development District, 4.00%, 05/01/2040 (Callable 05/01/2032) | 1725000 | 1642397 |
|  |  |  | 25545277 |
| **Georgia - 2.8%** | **Georgia - 2.8%** | **Georgia - 2.8%** | **Georgia - 2.8%** |
|  Atlanta Urban Residential Finance Authority, 4.75%, 05/01/2043 | Atlanta Urban Residential Finance Authority, 4.75%, 05/01/2043 | 1300000 | 1300298 |
|  Bartow County Development Authority, 3.95%, 12/01/2032 <sup>(a)</sup> | Bartow County Development Authority, 3.95%, 12/01/2032 <sup>(a)</sup> | 500000 | 512800 |
|  City of Griffin GA Public Utility Revenue, 5.00%, 01/01/2051 (Callable 01/01/2036) <sup>(d)</sup> | City of Griffin GA Public Utility Revenue, 5.00%, 01/01/2051 (Callable 01/01/2036) <sup>(d)</sup> | 2050000 | 2130286 |
|  DeKalb County Housing Authority, 4.00%, 12/01/2033 (Callable 12/01/2030) | DeKalb County Housing Authority, 4.00%, 12/01/2033 (Callable 12/01/2030) | 1000000 | 1013940 |
| Development Authority of Burke County | Development Authority of Burke County | Development Authority of Burke County | Development Authority of Burke County |
| &nbsp;&nbsp; 2.40%, 07/01/2049 (Callable 10/01/2025) <sup>(a)</sup> | &nbsp;&nbsp; 2.40%, 07/01/2049 (Callable 10/01/2025) <sup>(a)</sup> | 5000000 | 5000000 |
| &nbsp;&nbsp; 2.75%, 01/01/2052 (Callable 05/03/2031) | &nbsp;&nbsp; 2.75%, 01/01/2052 (Callable 05/03/2031) | 500000 | 312874 |
|  Gainesville & Hall County Development Authority, 2.50%, 11/15/2033 (Callable 11/01/2025) <sup>(a)</sup> | Gainesville & Hall County Development Authority, 2.50%, 11/15/2033 (Callable 11/01/2025) <sup>(a)</sup> | 1000000 | 1000000 |
|  Georgia Housing & Finance Authority, 2.50%, 06/01/2050 (Callable 06/10/2030) | Georgia Housing & Finance Authority, 2.50%, 06/01/2050 (Callable 06/10/2030) | 745000 | 516053 |
|  Georgia Municipal Association, Inc., 4.00%, 01/01/2055 (Callable 01/01/2035) | Georgia Municipal Association, Inc., 4.00%, 01/01/2055 (Callable 01/01/2035) | 1550000 | 1411049 |
|  Gwinnett County School District, 5.00%, 02/01/2040 (Callable 02/01/2029) | Gwinnett County School District, 5.00%, 02/01/2040 (Callable 02/01/2029) | 1500000 | 1562283 |
| Main Street Natural Gas, Inc. | Main Street Natural Gas, Inc. | Main Street Natural Gas, Inc. | Main Street Natural Gas, Inc. |
| &nbsp;&nbsp; 5.00%, 12/01/2033 | &nbsp;&nbsp; 5.00%, 12/01/2033 | 450000 | 488752 |
| &nbsp;&nbsp; 4.00%, 07/01/2052 (Callable 06/01/2027) <sup>(a)</sup> | &nbsp;&nbsp; 4.00%, 07/01/2052 (Callable 06/01/2027) <sup>(a)</sup> | 1025000 | 1046552 |
| &nbsp;&nbsp; 5.00%, 12/01/2052 (Callable 03/01/2029) <sup>(a)</sup> | &nbsp;&nbsp; 5.00%, 12/01/2052 (Callable 03/01/2029) <sup>(a)</sup> | 350000 | 370824 |
| &nbsp;&nbsp; 5.00%, 07/01/2053 (Callable 12/01/2029) <sup>(a)</sup> | &nbsp;&nbsp; 5.00%, 07/01/2053 (Callable 12/01/2029) <sup>(a)</sup> | 250000 | 268980 |
|  Spalding County Water & Sewer Facilities Authority, 4.75%, 06/01/2050 (Callable 06/01/2035) | Spalding County Water & Sewer Facilities Authority, 4.75%, 06/01/2050 (Callable 06/01/2035) | 630000 | 638529 |
|  |  |  | 17573220 |
| **Idaho - 0.6%** | **Idaho - 0.6%** | **Idaho - 0.6%** | **Idaho - 0.6%** |
|  Idaho Health Facilities Authority, 4.38%, 03/01/2053 (Callable 03/01/2035) | Idaho Health Facilities Authority, 4.38%, 03/01/2053 (Callable 03/01/2035) | 1000000 | 915798 |
| Idaho Housing & Finance Association | Idaho Housing & Finance Association | Idaho Housing & Finance Association | Idaho Housing & Finance Association |
| &nbsp;&nbsp; 4.13%, 05/01/2039 (Callable 05/01/2032) | &nbsp;&nbsp; 4.13%, 05/01/2039 (Callable 05/01/2032) | 450000 | 432452 |
| &nbsp;&nbsp; 3.00%, 05/01/2042 (Callable 05/01/2032) | &nbsp;&nbsp; 3.00%, 05/01/2042 (Callable 05/01/2032) | 340000 | 261825 |
| &nbsp;&nbsp; 3.00%, 02/21/2046 | &nbsp;&nbsp; 3.00%, 02/21/2046 | 488593 | 438197 |
| &nbsp;&nbsp; 5.75%, 05/01/2058 (Callable 05/01/2031) | &nbsp;&nbsp; 5.75%, 05/01/2058 (Callable 05/01/2031) | 500000 | 515096 |
|  Southern Idaho Regional Solid Waste District, 4.00%, 03/01/2028 (Callable 09/01/2027) | Southern Idaho Regional Solid Waste District, 4.00%, 03/01/2028 (Callable 09/01/2027) | 1050000 | 1060432 |
|  |  |  | 3623800 |
| **Illinois - 6.9%** | **Illinois - 6.9%** | **Illinois - 6.9%** | **Illinois - 6.9%** |
| Chicago Board of Education | Chicago Board of Education | Chicago Board of Education | Chicago Board of Education |
| &nbsp;&nbsp; 0.00%, 12/01/2025 <sup>(e)</sup> | &nbsp;&nbsp; 0.00%, 12/01/2025 <sup>(e)</sup> | 500000 | 496971 |
| &nbsp;&nbsp; 5.50%, 12/01/2026 | &nbsp;&nbsp; 5.50%, 12/01/2026 | 40000 | 40597 |
|  Chicago Board of Education Dedicated Capital Improvement Tax, 5.25%, 04/01/2034 (Callable 04/01/2033) | Chicago Board of Education Dedicated Capital Improvement Tax, 5.25%, 04/01/2034 (Callable 04/01/2033) | 375000 | 410338 |
|  Chicago Midway International Airport, 5.00%, 01/01/2029 (Callable 01/01/2026) <sup>(b)</sup> | Chicago Midway International Airport, 5.00%, 01/01/2029 (Callable 01/01/2026) <sup>(b)</sup> | 365000 | 366344 |
| Chicago O'Hare International Airport | Chicago O'Hare International Airport | Chicago O'Hare International Airport | Chicago O'Hare International Airport |
| &nbsp;&nbsp; 5.00%, 01/01/2033 (Callable 01/01/2027) <sup>(b)</sup> | &nbsp;&nbsp; 5.00%, 01/01/2033 (Callable 01/01/2027) <sup>(b)</sup> | 1500000 | 1527549 |
| &nbsp;&nbsp; 5.50%, 01/01/2055 (Callable 01/01/2032) <sup>(b)</sup> | &nbsp;&nbsp; 5.50%, 01/01/2055 (Callable 01/01/2032) <sup>(b)</sup> | 300000 | 310616 |
| City of Chicago IL | City of Chicago IL | City of Chicago IL | City of Chicago IL |
| &nbsp;&nbsp; 0.00%, 01/01/2027 <sup>(e)</sup> | &nbsp;&nbsp; 0.00%, 01/01/2027 <sup>(e)</sup> | 100000 | 96332 |
| &nbsp;&nbsp; 6.00%, 01/01/2046 (Callable 01/01/2034) | &nbsp;&nbsp; 6.00%, 01/01/2046 (Callable 01/01/2034) | 500000 | 541138 |
|  City of Chicago IL Wastewater Transmission Revenue, 5.00%, 01/01/2042 (Callable 01/01/2034) | City of Chicago IL Wastewater Transmission Revenue, 5.00%, 01/01/2042 (Callable 01/01/2034) | 1250000 | 1315067 |
| City of Chicago IL Waterworks Revenue | City of Chicago IL Waterworks Revenue | City of Chicago IL Waterworks Revenue | City of Chicago IL Waterworks Revenue |
| &nbsp;&nbsp; 5.00%, 11/01/2029 (Callable 11/01/2026) | &nbsp;&nbsp; 5.00%, 11/01/2029 (Callable 11/01/2026) | 1050000 | 1073500 |
| &nbsp;&nbsp; 5.00%, 11/01/2031 (Callable 11/01/2026) | &nbsp;&nbsp; 5.00%, 11/01/2031 (Callable 11/01/2026) | 1000000 | 1021021 |
| &nbsp;&nbsp; 5.25%, 11/01/2034 (Callable 11/01/2027) | &nbsp;&nbsp; 5.25%, 11/01/2034 (Callable 11/01/2027) | 1000000 | 1035787 |
| City of Hillsboro IL | City of Hillsboro IL | City of Hillsboro IL | City of Hillsboro IL |
| &nbsp;&nbsp; 5.00%, 12/01/2050 (Callable 12/01/2034) | &nbsp;&nbsp; 5.00%, 12/01/2050 (Callable 12/01/2034) | 940000 | 962346 |
| &nbsp;&nbsp; 5.00%, 12/01/2054 (Callable 12/01/2034) | &nbsp;&nbsp; 5.00%, 12/01/2054 (Callable 12/01/2034) | 775000 | 791527 |
| City of Kankakee IL Waterworks & Sewerage System | City of Kankakee IL Waterworks & Sewerage System | City of Kankakee IL Waterworks & Sewerage System | City of Kankakee IL Waterworks & Sewerage System |
| &nbsp;&nbsp; 5.00%, 05/01/2033 | &nbsp;&nbsp; 5.00%, 05/01/2033 | 595000 | 652679 |
| &nbsp;&nbsp; 5.00%, 05/01/2035 | &nbsp;&nbsp; 5.00%, 05/01/2035 | 480000 | 523946 |
| &nbsp;&nbsp; 5.00%, 05/01/2037 (Callable 05/01/2035) | &nbsp;&nbsp; 5.00%, 05/01/2037 (Callable 05/01/2035) | 915000 | 977018 |
|  Cook County School District No 86 Harwood Heights, 5.00%, 12/01/2039 (Callable 12/01/2033) | Cook County School District No 86 Harwood Heights, 5.00%, 12/01/2039 (Callable 12/01/2033) | 325000 | 346957 |
| Illinois Finance Authority | Illinois Finance Authority | Illinois Finance Authority | Illinois Finance Authority |
| &nbsp;&nbsp; 5.00%, 03/01/2030 (Callable 03/01/2027) | &nbsp;&nbsp; 5.00%, 03/01/2030 (Callable 03/01/2027) | 390000 | 399357 |
| &nbsp;&nbsp; 5.00%, 11/01/2031 (Callable 11/01/2026) | &nbsp;&nbsp; 5.00%, 11/01/2031 (Callable 11/01/2026) | 135000 | 136883 |
| &nbsp;&nbsp; 5.00%, 02/15/2032 (Callable 08/15/2027) | &nbsp;&nbsp; 5.00%, 02/15/2032 (Callable 08/15/2027) | 500000 | 506280 |
| &nbsp;&nbsp; 5.00%, 05/15/2033 (Callable 11/15/2028) | &nbsp;&nbsp; 5.00%, 05/15/2033 (Callable 11/15/2028) | 640000 | 669362 |
| &nbsp;&nbsp; 5.00%, 10/01/2034 (Callable 10/01/2030) | &nbsp;&nbsp; 5.00%, 10/01/2034 (Callable 10/01/2030) | 775000 | 810701 |
| &nbsp;&nbsp; 5.00%, 02/15/2036 (Callable 02/15/2027) | &nbsp;&nbsp; 5.00%, 02/15/2036 (Callable 02/15/2027) | 400000 | 408954 |
| &nbsp;&nbsp; 5.00%, 02/15/2037 (Callable 08/15/2027) | &nbsp;&nbsp; 5.00%, 02/15/2037 (Callable 08/15/2027) | 1040000 | 1041415 |
| &nbsp;&nbsp; 4.13%, 11/15/2037 (Callable 11/15/2025) | &nbsp;&nbsp; 4.13%, 11/15/2037 (Callable 11/15/2025) | 60000 | 57771 |
| &nbsp;&nbsp; 5.00%, 11/15/2039 (Callable 10/22/2025) | &nbsp;&nbsp; 5.00%, 11/15/2039 (Callable 10/22/2025) | 300000 | 300062 |
| &nbsp;&nbsp; 5.25%, 04/01/2044 (Callable 04/01/2034) | &nbsp;&nbsp; 5.25%, 04/01/2044 (Callable 04/01/2034) | 1200000 | 1214993 |
| &nbsp;&nbsp; 5.25%, 04/01/2047 (Callable 04/01/2034) | &nbsp;&nbsp; 5.25%, 04/01/2047 (Callable 04/01/2034) | 500000 | 525559 |
| &nbsp;&nbsp; 5.25%, 04/01/2049 (Callable 04/01/2034) | &nbsp;&nbsp; 5.25%, 04/01/2049 (Callable 04/01/2034) | 350000 | 366661 |
|  Illinois Housing Development Authority, 6.25%, 10/01/2055 (Callable 04/01/2033) | Illinois Housing Development Authority, 6.25%, 10/01/2055 (Callable 04/01/2033) | 2400000 | 2722391 |
|  Illinois Sports Facilities Authority, 5.00%, 06/15/2030 | Illinois Sports Facilities Authority, 5.00%, 06/15/2030 | 1000000 | 1062118 |
|  Illinois State Toll Highway Authority, 5.00%, 01/01/2045 (Callable 01/01/2031) | Illinois State Toll Highway Authority, 5.00%, 01/01/2045 (Callable 01/01/2031) | 580000 | 598059 |
|  Lake County Community Unit School District No 187 North Chicago, 5.00%, 01/01/2031 | Lake County Community Unit School District No 187 North Chicago, 5.00%, 01/01/2031 | 625000 | 680780 |
|  McLean County Community Unit School District No 19 Ridgeview, 6.00%, 12/01/2045 (Callable 12/02/2025) <sup>(a)(f)</sup> | McLean County Community Unit School District No 19 Ridgeview, 6.00%, 12/01/2045 (Callable 12/02/2025) <sup>(a)(f)</sup> | 2000000 | 2006258 |
| Metropolitan Pier & Exposition Authority | Metropolitan Pier & Exposition Authority | Metropolitan Pier & Exposition Authority | Metropolitan Pier & Exposition Authority |
| &nbsp;&nbsp; 0.00%, 06/15/2028 <sup>(e)</sup> | &nbsp;&nbsp; 0.00%, 06/15/2028 <sup>(e)</sup> | 1015000 | 932396 |
| &nbsp;&nbsp; 0.00%, 06/15/2029 <sup>(e)</sup> | &nbsp;&nbsp; 0.00%, 06/15/2029 <sup>(e)</sup> | 100000 | 88837 |
| &nbsp;&nbsp; 0.00%, 12/15/2034 <sup>(e)</sup> | &nbsp;&nbsp; 0.00%, 12/15/2034 <sup>(e)</sup> | 700000 | 494448 |
| &nbsp;&nbsp; 0.00%, 12/15/2037 <sup>(e)</sup> | &nbsp;&nbsp; 0.00%, 12/15/2037 <sup>(e)</sup> | 1000000 | 809827 |
| &nbsp;&nbsp; 0.00%, 12/15/2042 (Callable 06/15/2038) <sup>(e)</sup> | &nbsp;&nbsp; 0.00%, 12/15/2042 (Callable 06/15/2038) <sup>(e)</sup> | 150000 | 110848 |
|  Moultrie Shelby & Coles Counties Community Unit School District No 300, 5.00%, 12/01/2044 (Callable 06/01/2029) | Moultrie Shelby & Coles Counties Community Unit School District No 300, 5.00%, 12/01/2044 (Callable 06/01/2029) | 890000 | 932748 |
|  Northeastern Illinois University, 5.25%, 07/01/2050 (Callable 07/01/2035) | Northeastern Illinois University, 5.25%, 07/01/2050 (Callable 07/01/2035) | 1625000 | 1660025 |
|  Northern Illinois University, 5.50%, 04/01/2049 (Callable 04/01/2034) | Northern Illinois University, 5.50%, 04/01/2049 (Callable 04/01/2034) | 2000000 | 2090160 |
|  Sangamon & Christian Counties Community Unit School District No 3A Rochester, 5.50%, 02/01/2038 (Callable 02/01/2032) | Sangamon & Christian Counties Community Unit School District No 3A Rochester, 5.50%, 02/01/2038 (Callable 02/01/2032) | 450000 | 491543 |
|  Southern Illinois University, 5.25%, 02/15/2050 (Callable 02/15/2035) | Southern Illinois University, 5.25%, 02/15/2050 (Callable 02/15/2035) | 1150000 | 1183017 |
|  Southwestern Illinois Development Authority, 5.50%, 04/01/2050 (Callable 04/01/2035) | Southwestern Illinois Development Authority, 5.50%, 04/01/2050 (Callable 04/01/2035) | 1000000 | 1058377 |
| St Clair County Community Unit School District No 187 Cahokia | St Clair County Community Unit School District No 187 Cahokia | St Clair County Community Unit School District No 187 Cahokia | St Clair County Community Unit School District No 187 Cahokia |
| &nbsp;&nbsp; 5.00%, 01/01/2044 (Callable 01/01/2034) | &nbsp;&nbsp; 5.00%, 01/01/2044 (Callable 01/01/2034) | 250000 | 258980 |
| &nbsp;&nbsp; 5.00%, 01/01/2049 (Callable 01/01/2034) | &nbsp;&nbsp; 5.00%, 01/01/2049 (Callable 01/01/2034) | 1000000 | 1023487 |
| &nbsp;&nbsp; 5.00%, 01/01/2054 (Callable 01/01/2034) | &nbsp;&nbsp; 5.00%, 01/01/2054 (Callable 01/01/2034) | 1350000 | 1376661 |
|  St Clair County School District No 118 Belleville, 5.50%, 12/01/2037 (Callable 12/01/2034) | St Clair County School District No 118 Belleville, 5.50%, 12/01/2037 (Callable 12/01/2034) | 1125000 | 1252492 |
|  Upper Illinois River Valley Development Authority, 5.00%, 01/01/2045 (Callable 01/01/2027) <sup>(c)</sup> | Upper Illinois River Valley Development Authority, 5.00%, 01/01/2045 (Callable 01/01/2027) <sup>(c)</sup> | 200000 | 183441 |
|  Village of Romeoville IL, 5.00%, 10/01/2035 (Callable 10/22/2025) | Village of Romeoville IL, 5.00%, 10/01/2035 (Callable 10/22/2025) | 300000 | 300034 |
|  Village of Rosemont IL, 5.00%, 12/01/2042 (Callable 06/01/2030) | Village of Rosemont IL, 5.00%, 12/01/2042 (Callable 06/01/2030) | 1000000 | 1028888 |
|  Will County Community High School District No 210 Lincoln-Way, 4.00%, 01/01/2034 (Callable 01/01/2029) | Will County Community High School District No 210 Lincoln-Way, 4.00%, 01/01/2034 (Callable 01/01/2029) | 100000 | 100845 |
| Will County Community High School District No. 210 | Will County Community High School District No. 210 | Will County Community High School District No. 210 | Will County Community High School District No. 210 |
| &nbsp;&nbsp; 0.00%, 01/01/2027 <sup>(e)</sup> | &nbsp;&nbsp; 0.00%, 01/01/2027 <sup>(e)</sup> | 95000 | 91156 |
| &nbsp;&nbsp; 0.00%, 01/01/2033 <sup>(e)</sup> | &nbsp;&nbsp; 0.00%, 01/01/2033 <sup>(e)</sup> | 570000 | 435498 |
|  Will County School District No 114 Manhattan, 5.50%, 09/01/2052 (Callable 01/01/2033) | Will County School District No 114 Manhattan, 5.50%, 09/01/2052 (Callable 01/01/2033) | 1000000 | 1055105 |
|  Winnebago County Community Unit School District No 320 South Beloit, 5.00%, 02/01/2032 | Winnebago County Community Unit School District No 320 South Beloit, 5.00%, 02/01/2032 | 400000 | 440510 |
|  |  |  | 43396660 |
| **Indiana - 2.6%** | **Indiana - 2.6%** | **Indiana - 2.6%** | **Indiana - 2.6%** |
|  Boone County Building Corp., 5.25%, 08/01/2038 (Callable 02/01/2032) | Boone County Building Corp., 5.25%, 08/01/2038 (Callable 02/01/2032) | 1235000 | 1342984 |
|  Carmel Redevelopment Authority, 1.13%, 01/15/2044 (Callable 07/15/2032) | Carmel Redevelopment Authority, 1.13%, 01/15/2044 (Callable 07/15/2032) | 945000 | 512460 |
|  City of Carmel IN Waterworks Revenue, 4.00%, 05/01/2043 (Callable 05/01/2032) | City of Carmel IN Waterworks Revenue, 4.00%, 05/01/2043 (Callable 05/01/2032) | 400000 | 368145 |
| City of Franklin IN Sewage Works Revenue | City of Franklin IN Sewage Works Revenue | City of Franklin IN Sewage Works Revenue | City of Franklin IN Sewage Works Revenue |
| &nbsp;&nbsp; 5.00%, 03/01/2040 (Callable 03/01/2035) | &nbsp;&nbsp; 5.00%, 03/01/2040 (Callable 03/01/2035) | 500000 | 536430 |
| &nbsp;&nbsp; 5.00%, 03/01/2041 (Callable 03/01/2035) | &nbsp;&nbsp; 5.00%, 03/01/2041 (Callable 03/01/2035) | 600000 | 638260 |
| &nbsp;&nbsp; 5.00%, 03/01/2042 (Callable 03/01/2035) | &nbsp;&nbsp; 5.00%, 03/01/2042 (Callable 03/01/2035) | 350000 | 369080 |
| &nbsp;&nbsp; 5.00%, 03/01/2043 (Callable 03/01/2035) | &nbsp;&nbsp; 5.00%, 03/01/2043 (Callable 03/01/2035) | 400000 | 418090 |
|  City of La Porte IN Sewage Works Revenue, 3.75%, 09/01/2029 (Callable 11/01/2025) | City of La Porte IN Sewage Works Revenue, 3.75%, 09/01/2029 (Callable 11/01/2025) | 1000000 | 1000039 |
|  Fishers Town Hall Building Corp., 5.63%, 07/15/2048 (Callable 01/15/2034) | Fishers Town Hall Building Corp., 5.63%, 07/15/2048 (Callable 01/15/2034) | 25000 | 27459 |
|  Gary Chicago International Airport Authority, 4.50%, 02/01/2045 (Callable 02/01/2035) | Gary Chicago International Airport Authority, 4.50%, 02/01/2045 (Callable 02/01/2035) | 750000 | 735259 |
|  Hammond Local Public Improvement Bond Bank, 5.50%, 07/15/2036 (Callable 07/15/2030) | Hammond Local Public Improvement Bond Bank, 5.50%, 07/15/2036 (Callable 07/15/2030) | 500000 | 529888 |
| Indiana Finance Authority | Indiana Finance Authority | Indiana Finance Authority | Indiana Finance Authority |
| &nbsp;&nbsp; 2.50%, 11/01/2030 | &nbsp;&nbsp; 2.50%, 11/01/2030 | 100000 | 95275 |
| &nbsp;&nbsp; 5.75%, 06/01/2048 (Callable 12/01/2033) | &nbsp;&nbsp; 5.75%, 06/01/2048 (Callable 12/01/2033) | 500000 | 532311 |
| &nbsp;&nbsp; 5.00%, 10/01/2063 (Callable 10/01/2030) <sup>(a)</sup> | &nbsp;&nbsp; 5.00%, 10/01/2063 (Callable 10/01/2030) <sup>(a)</sup> | 1000000 | 1114062 |
|  Indiana Health & Educational Facilities Financing Authority, 5.00%, 11/15/2046 (Callable 11/15/2026) | Indiana Health & Educational Facilities Financing Authority, 5.00%, 11/15/2046 (Callable 11/15/2026) | 100000 | 100434 |
|  Indiana Housing & Community Development Authority, 4.55%, 11/01/2041 | Indiana Housing & Community Development Authority, 4.55%, 11/01/2041 | 2000000 | 1990527 |
|  Indianapolis Local Public Improvement Bond Bank, 6.00%, 02/01/2048 (Callable 02/01/2033) | Indianapolis Local Public Improvement Bond Bank, 6.00%, 02/01/2048 (Callable 02/01/2033) | 2000000 | 2222895 |
|  Merrillville Redevelopment Authority, 5.00%, 07/15/2040 (Callable 07/15/2035) | Merrillville Redevelopment Authority, 5.00%, 07/15/2040 (Callable 07/15/2035) | 860000 | 913939 |
|  Noblesville Community Development Corp., 5.00%, 08/01/2039 (Callable 02/01/2034) | Noblesville Community Development Corp., 5.00%, 08/01/2039 (Callable 02/01/2034) | 1785000 | 1918260 |
|  St Joseph County Airport Authority, 0.01%, 07/01/2028 <sup>(b)</sup> | St Joseph County Airport Authority, 0.01%, 07/01/2028 <sup>(b)</sup> | 155000 | 141694 |
|  Westfield-Washington Multi-School Building Corp., 5.00%, 07/15/2040 (Callable 07/15/2034) | Westfield-Washington Multi-School Building Corp., 5.00%, 07/15/2040 (Callable 07/15/2034) | 1000000 | 1056663 |
|  |  |  | 16564154 |
| **Iowa - 1.5%** | **Iowa - 1.5%** | **Iowa - 1.5%** | **Iowa - 1.5%** |
|  City of Stuart IA, 4.75%, 06/01/2026 (Callable 10/09/2025) | City of Stuart IA, 4.75%, 06/01/2026 (Callable 10/09/2025) | 680000 | 680295 |
| County of Polk IA | County of Polk IA | County of Polk IA | County of Polk IA |
| &nbsp;&nbsp; 5.00%, 06/01/2036 (Callable 06/01/2032) <sup>(b)</sup> | &nbsp;&nbsp; 5.00%, 06/01/2036 (Callable 06/01/2032) <sup>(b)</sup> | 1500000 | 1615158 |
| &nbsp;&nbsp; 5.00%, 06/01/2039 (Callable 06/01/2032) <sup>(b)</sup> | &nbsp;&nbsp; 5.00%, 06/01/2039 (Callable 06/01/2032) <sup>(b)</sup> | 1435000 | 1510777 |
| &nbsp;&nbsp; 5.25%, 06/01/2041 (Callable 06/01/2033) <sup>(b)</sup> | &nbsp;&nbsp; 5.25%, 06/01/2041 (Callable 06/01/2033) <sup>(b)</sup> | 1500000 | 1589756 |
| Iowa Finance Authority | Iowa Finance Authority | Iowa Finance Authority | Iowa Finance Authority |
| &nbsp;&nbsp; 7.50%, 01/01/2032 (Callable 01/01/2030) <sup>(c)</sup> | &nbsp;&nbsp; 7.50%, 01/01/2032 (Callable 01/01/2030) <sup>(c)</sup> | 250000 | 234380 |
| &nbsp;&nbsp; 5.00%, 08/01/2042 (Callable 02/01/2035) | &nbsp;&nbsp; 5.00%, 08/01/2042 (Callable 02/01/2035) | 1300000 | 1412634 |
| &nbsp;&nbsp; 6.00%, 11/01/2042 (Callable 11/01/2041) <sup>(c)</sup> | &nbsp;&nbsp; 6.00%, 11/01/2042 (Callable 11/01/2041) <sup>(c)</sup> | 1000000 | 966918 |
|  PEFA, Inc., 5.00%, 09/01/2049 (Callable 06/01/2026) <sup>(a)</sup> | PEFA, Inc., 5.00%, 09/01/2049 (Callable 06/01/2026) <sup>(a)</sup> | 730000 | 742829 |
|  Waterloo Community School District Infrastructure Sales Services & Use Tax, 5.00%, 07/01/2047 (Callable 07/01/2033) | Waterloo Community School District Infrastructure Sales Services & Use Tax, 5.00%, 07/01/2047 (Callable 07/01/2033) | 1000000 | 1020923 |
|  |  |  | 9773670 |
| **Kansas - 0.8%** | **Kansas - 0.8%** | **Kansas - 0.8%** | **Kansas - 0.8%** |
|  City of Osawatomie KS, 3.75%, 03/01/2027 (Callable 11/01/2025) | City of Osawatomie KS, 3.75%, 03/01/2027 (Callable 11/01/2025) | 500000 | 500178 |
|  City of Wichita KS, 5.25%, 05/15/2039 (Callable 05/15/2031) | City of Wichita KS, 5.25%, 05/15/2039 (Callable 05/15/2031) | 1210000 | 1182538 |
|  Johnson & Miami Counties Unified School District No 230 Spring Hills, 6.00%, 09/01/2042 (Callable 09/01/2035) | Johnson & Miami Counties Unified School District No 230 Spring Hills, 6.00%, 09/01/2042 (Callable 09/01/2035) | 1585000 | 1825268 |
|  Miami County Unified School District No 367 Osawatomie, 5.25%, 09/01/2043 (Callable 09/01/2034) | Miami County Unified School District No 367 Osawatomie, 5.25%, 09/01/2043 (Callable 09/01/2034) | 480000 | 506201 |
|  Wyandotte County Unified School District No 500 Kansas City, 5.25%, 09/01/2055 (Callable 09/01/2034) | Wyandotte County Unified School District No 500 Kansas City, 5.25%, 09/01/2055 (Callable 09/01/2034) | 840000 | 876626 |
|  Wyandotte County-Kansas City Unified Government, 0.00%, 12/01/2027 <sup>(e)</sup> | Wyandotte County-Kansas City Unified Government, 0.00%, 12/01/2027 <sup>(e)</sup> | 205000 | 188746 |
|  |  |  | 5079557 |
| **Kentucky - 1.0%** | **Kentucky - 1.0%** | **Kentucky - 1.0%** | **Kentucky - 1.0%** |
|  Garrard County School District Finance Corp., 5.00%, 08/01/2037 (Callable 08/01/2031) | Garrard County School District Finance Corp., 5.00%, 08/01/2037 (Callable 08/01/2031) | 810000 | 868242 |
|  Kenton County Airport Board, 5.00%, 01/01/2031 <sup>(b)</sup> | Kenton County Airport Board, 5.00%, 01/01/2031 <sup>(b)</sup> | 800000 | 877621 |
| Kentucky Economic Development Finance Authority | Kentucky Economic Development Finance Authority | Kentucky Economic Development Finance Authority | Kentucky Economic Development Finance Authority |
| &nbsp;&nbsp; 0.00%, 10/01/2027 <sup>(e)</sup> | &nbsp;&nbsp; 0.00%, 10/01/2027 <sup>(e)</sup> | 245000 | 227238 |
| &nbsp;&nbsp; 5.00%, 07/01/2033 (Callable 11/01/2025) | &nbsp;&nbsp; 5.00%, 07/01/2033 (Callable 11/01/2025) | 200000 | 200190 |
| Kentucky Public Energy Authority | Kentucky Public Energy Authority | Kentucky Public Energy Authority | Kentucky Public Energy Authority |
| &nbsp;&nbsp; 5.00%, 07/01/2027 | &nbsp;&nbsp; 5.00%, 07/01/2027 | 525000 | 539805 |
| &nbsp;&nbsp; 4.00%, 12/01/2050 (Callable 03/01/2026) <sup>(a)</sup> | &nbsp;&nbsp; 4.00%, 12/01/2050 (Callable 03/01/2026) <sup>(a)</sup> | 250000 | 251879 |
| &nbsp;&nbsp; 5.25%, 06/01/2055 (Callable 09/01/2029) <sup>(a)</sup> | &nbsp;&nbsp; 5.25%, 06/01/2055 (Callable 09/01/2029) <sup>(a)</sup> | 1700000 | 1823238 |
| Louisville/Jefferson County Metropolitan Government | Louisville/Jefferson County Metropolitan Government | Louisville/Jefferson County Metropolitan Government | Louisville/Jefferson County Metropolitan Government |
| &nbsp;&nbsp; 5.00%, 10/01/2032 (Callable 10/01/2026) | &nbsp;&nbsp; 5.00%, 10/01/2032 (Callable 10/01/2026) | 1280000 | 1300809 |
| &nbsp;&nbsp; 5.00%, 10/01/2047 (Callable 07/01/2026) <sup>(a)</sup> | &nbsp;&nbsp; 5.00%, 10/01/2047 (Callable 07/01/2026) <sup>(a)</sup> | 500000 | 509350 |
|  |  |  | 6598372 |
| **Louisiana - 0.6%** | **Louisiana - 0.6%** | **Louisiana - 0.6%** | **Louisiana - 0.6%** |
|  Louisiana Housing Corp., 5.00%, 07/01/2046 (Callable 02/01/2026) <sup>(a)</sup> | Louisiana Housing Corp., 5.00%, 07/01/2046 (Callable 02/01/2026) <sup>(a)</sup> | 500000 | 503313 |
| Louisiana Public Facilities Authority | Louisiana Public Facilities Authority | Louisiana Public Facilities Authority | Louisiana Public Facilities Authority |
| &nbsp;&nbsp; 5.00%, 10/01/2025 | &nbsp;&nbsp; 5.00%, 10/01/2025 | 250000 | 250000 |
| &nbsp;&nbsp; 5.00%, 07/01/2038 (Callable 07/01/2035) | &nbsp;&nbsp; 5.00%, 07/01/2038 (Callable 07/01/2035) | 425000 | 466314 |
| &nbsp;&nbsp; 5.00%, 07/01/2043 (Callable 07/01/2035) | &nbsp;&nbsp; 5.00%, 07/01/2043 (Callable 07/01/2035) | 1000000 | 1044446 |
|  New Orleans Aviation Board, 5.00%, 01/01/2030 (Callable 01/01/2027) <sup>(b)</sup> | New Orleans Aviation Board, 5.00%, 01/01/2030 (Callable 01/01/2027) <sup>(b)</sup> | 1550000 | 1581108 |
|  |  |  | 3845181 |
| **Maine - 0.1%** | **Maine - 0.1%** | **Maine - 0.1%** | **Maine - 0.1%** |
|  Maine Health & Higher Educational Facilities Authority, 5.00%, 07/01/2037 (Callable 07/01/2030) | Maine Health & Higher Educational Facilities Authority, 5.00%, 07/01/2037 (Callable 07/01/2030) | 600000 | 635867 |
| **Maryland - 0.8%** | **Maryland - 0.8%** | **Maryland - 0.8%** | **Maryland - 0.8%** |
|  City of Baltimore MD, 5.00%, 07/01/2030 (Callable 01/01/2027) | City of Baltimore MD, 5.00%, 07/01/2030 (Callable 01/01/2027) | 2000000 | 2057199 |
| Maryland Economic Development Corp. | Maryland Economic Development Corp. | Maryland Economic Development Corp. | Maryland Economic Development Corp. |
| &nbsp;&nbsp; 5.00%, 06/01/2030 (Callable 06/01/2028) | &nbsp;&nbsp; 5.00%, 06/01/2030 (Callable 06/01/2028) | 500000 | 520177 |
| &nbsp;&nbsp; 5.00%, 10/01/2045 (Callable 10/01/2034) | &nbsp;&nbsp; 5.00%, 10/01/2045 (Callable 10/01/2034) | 1000000 | 1018267 |
|  Maryland Health & Higher Educational Facilities Authority, 5.00%, 01/01/2030 | Maryland Health & Higher Educational Facilities Authority, 5.00%, 01/01/2030 | 100000 | 106685 |
|  Montgomery County Housing Opportunities Commission, 5.13%, 01/01/2053 (Callable 01/01/2034) | Montgomery County Housing Opportunities Commission, 5.13%, 01/01/2053 (Callable 01/01/2034) | 700000 | 726982 |
|  Washington Suburban Sanitary Commission, 2.50%, 06/01/2027 (Callable 10/01/2025) <sup>(a)</sup> | Washington Suburban Sanitary Commission, 2.50%, 06/01/2027 (Callable 10/01/2025) <sup>(a)</sup> | 630000 | 630000 |
|  |  |  | 5059310 |
| **Massachusetts - 1.8%** | **Massachusetts - 1.8%** | **Massachusetts - 1.8%** | **Massachusetts - 1.8%** |
| Commonwealth of Massachusetts | Commonwealth of Massachusetts | Commonwealth of Massachusetts | Commonwealth of Massachusetts |
| &nbsp;&nbsp; 5.25%, 09/01/2043 (Callable 09/01/2028) | &nbsp;&nbsp; 5.25%, 09/01/2043 (Callable 09/01/2028) | 1025000 | 1058295 |
| &nbsp;&nbsp; 5.25%, 04/01/2047 (Callable 04/01/2027) | &nbsp;&nbsp; 5.25%, 04/01/2047 (Callable 04/01/2027) | 2000000 | 2029955 |
|  Greater Fall River Vocational School District, 5.00%, 06/01/2055 (Callable 06/01/2034) | Greater Fall River Vocational School District, 5.00%, 06/01/2055 (Callable 06/01/2034) | 5000000 | 5149416 |
| Massachusetts Development Finance Agency | Massachusetts Development Finance Agency | Massachusetts Development Finance Agency | Massachusetts Development Finance Agency |
| &nbsp;&nbsp; 5.00%, 10/01/2033 (Callable 10/01/2026) | &nbsp;&nbsp; 5.00%, 10/01/2033 (Callable 10/01/2026) | 1285000 | 1286693 |
| &nbsp;&nbsp; 5.25%, 10/01/2033 | &nbsp;&nbsp; 5.25%, 10/01/2033 | 775000 | 827318 |
| &nbsp;&nbsp; 5.00%, 07/01/2044 (Callable 07/01/2027) | &nbsp;&nbsp; 5.00%, 07/01/2044 (Callable 07/01/2027) | 500000 | 500343 |
| Massachusetts Educational Financing Authority | Massachusetts Educational Financing Authority | Massachusetts Educational Financing Authority | Massachusetts Educational Financing Authority |
| &nbsp;&nbsp; 2.00%, 07/01/2037 (Callable 07/01/2031) <sup>(b)</sup> | &nbsp;&nbsp; 2.00%, 07/01/2037 (Callable 07/01/2031) <sup>(b)</sup> | 810000 | 665320 |
| &nbsp;&nbsp; 4.25%, 07/01/2044 (Callable 07/01/2033) <sup>(b)</sup> | &nbsp;&nbsp; 4.25%, 07/01/2044 (Callable 07/01/2033) <sup>(b)</sup> | 135000 | 135317 |
|  |  |  | 11652657 |
| **Michigan - 3.5%** | **Michigan - 3.5%** | **Michigan - 3.5%** | **Michigan - 3.5%** |
|  Allegan Public School District, 5.00%, 05/01/2037 (Callable 05/01/2033) | Allegan Public School District, 5.00%, 05/01/2037 (Callable 05/01/2033) | 250000 | 277114 |
|  City of Detroit MI, 6.00%, 05/01/2043 (Callable 05/01/2033) | City of Detroit MI, 6.00%, 05/01/2043 (Callable 05/01/2033) | 790000 | 859888 |
|  Detroit City School District, 5.00%, 05/01/2034 (Callable 05/01/2030) | Detroit City School District, 5.00%, 05/01/2034 (Callable 05/01/2030) | 1000000 | 1076544 |
| Elkton-Pigeon-Bay Port Laker Schools | Elkton-Pigeon-Bay Port Laker Schools | Elkton-Pigeon-Bay Port Laker Schools | Elkton-Pigeon-Bay Port Laker Schools |
| &nbsp;&nbsp; 5.25%, 05/01/2044 (Callable 05/01/2035) | &nbsp;&nbsp; 5.25%, 05/01/2044 (Callable 05/01/2035) | 500000 | 530253 |
| &nbsp;&nbsp; 5.25%, 05/01/2045 (Callable 05/01/2035) | &nbsp;&nbsp; 5.25%, 05/01/2045 (Callable 05/01/2035) | 470000 | 496367 |
|  Flat Rock Community School District, 5.00%, 05/01/2041 (Callable 05/01/2032) | Flat Rock Community School District, 5.00%, 05/01/2041 (Callable 05/01/2032) | 350000 | 370847 |
|  Four Lakes Special Assessment District, 5.00%, 06/01/2037 (Callable 06/01/2033) | Four Lakes Special Assessment District, 5.00%, 06/01/2037 (Callable 06/01/2033) | 2170000 | 2335847 |
| Fraser Public School District | Fraser Public School District | Fraser Public School District | Fraser Public School District |
| &nbsp;&nbsp; 5.00%, 05/01/2038 (Callable 05/01/2033) | &nbsp;&nbsp; 5.00%, 05/01/2038 (Callable 05/01/2033) | 400000 | 439154 |
| &nbsp;&nbsp; 5.00%, 05/01/2039 (Callable 05/01/2033) | &nbsp;&nbsp; 5.00%, 05/01/2039 (Callable 05/01/2033) | 180000 | 196248 |
| &nbsp;&nbsp; 5.00%, 05/01/2048 (Callable 05/01/2033) | &nbsp;&nbsp; 5.00%, 05/01/2048 (Callable 05/01/2033) | 475000 | 492277 |
| Gobles Public Schools | Gobles Public Schools | Gobles Public Schools | Gobles Public Schools |
| &nbsp;&nbsp; 5.00%, 05/01/2046 (Callable 05/01/2034) | &nbsp;&nbsp; 5.00%, 05/01/2046 (Callable 05/01/2034) | 850000 | 891245 |
| &nbsp;&nbsp; 5.00%, 05/01/2050 (Callable 05/01/2034) | &nbsp;&nbsp; 5.00%, 05/01/2050 (Callable 05/01/2034) | 630000 | 657552 |
|  Grand Traverse County Hospital Finance Authority, 5.00%, 07/01/2044 (Callable 07/01/2028) | Grand Traverse County Hospital Finance Authority, 5.00%, 07/01/2044 (Callable 07/01/2028) | 710000 | 720220 |
|  Great Lakes Water Authority Water Supply System Revenue, 5.00%, 07/01/2036 (Callable 07/01/2026) | Great Lakes Water Authority Water Supply System Revenue, 5.00%, 07/01/2036 (Callable 07/01/2026) | 1000000 | 1012100 |
| Michigan Finance Authority | Michigan Finance Authority | Michigan Finance Authority | Michigan Finance Authority |
| &nbsp;&nbsp; 5.00%, 05/15/2035 (Callable 11/01/2025) | &nbsp;&nbsp; 5.00%, 05/15/2035 (Callable 11/01/2025) | 1010000 | 1010883 |
| &nbsp;&nbsp; 5.00%, 11/15/2041 (Callable 11/15/2026) | &nbsp;&nbsp; 5.00%, 11/15/2041 (Callable 11/15/2026) | 500000 | 503254 |
| &nbsp;&nbsp; 5.00%, 07/01/2043 (Callable 07/01/2035) | &nbsp;&nbsp; 5.00%, 07/01/2043 (Callable 07/01/2035) | 1000000 | 1046494 |
| &nbsp;&nbsp; 5.00%, 07/01/2044 (Callable 10/14/2025) | &nbsp;&nbsp; 5.00%, 07/01/2044 (Callable 10/14/2025) | 960000 | 960799 |
| Michigan State Housing Development Authority | Michigan State Housing Development Authority | Michigan State Housing Development Authority | Michigan State Housing Development Authority |
| &nbsp;&nbsp; 3.35%, 12/01/2031 (Callable 12/01/2025) | &nbsp;&nbsp; 3.35%, 12/01/2031 (Callable 12/01/2025) | 280000 | 280084 |
| &nbsp;&nbsp; 6.25%, 12/01/2055 (Callable 12/01/2033) | &nbsp;&nbsp; 6.25%, 12/01/2055 (Callable 12/01/2033) | 1250000 | 1393721 |
|  Michigan Strategic Fund, 5.00%, 12/31/2043 (Callable 12/31/2028) <sup>(b)</sup> | Michigan Strategic Fund, 5.00%, 12/31/2043 (Callable 12/31/2028) <sup>(b)</sup> | 305000 | 305379 |
| Okemos Public Schools | Okemos Public Schools | Okemos Public Schools | Okemos Public Schools |
| &nbsp;&nbsp; 5.00%, 05/01/2040 (Callable 05/01/2034) | &nbsp;&nbsp; 5.00%, 05/01/2040 (Callable 05/01/2034) | 300000 | 328739 |
| &nbsp;&nbsp; 5.00%, 05/01/2041 (Callable 05/01/2034) | &nbsp;&nbsp; 5.00%, 05/01/2041 (Callable 05/01/2034) | 400000 | 433563 |
|  Rockford Public Schools, 5.00%, 05/01/2040 (Callable 05/01/2033) | Rockford Public Schools, 5.00%, 05/01/2040 (Callable 05/01/2033) | 500000 | 538601 |
| Saline Area Schools | Saline Area Schools | Saline Area Schools | Saline Area Schools |
| &nbsp;&nbsp; 5.00%, 05/01/2041 (Callable 05/01/2035) | &nbsp;&nbsp; 5.00%, 05/01/2041 (Callable 05/01/2035) | 650000 | 705199 |
| &nbsp;&nbsp; 5.00%, 05/01/2043 (Callable 05/01/2035) | &nbsp;&nbsp; 5.00%, 05/01/2043 (Callable 05/01/2035) | 1000000 | 1067305 |
|  Van Dyke Public Schools, 5.50%, 05/01/2050 (Callable 05/01/2035) | Van Dyke Public Schools, 5.50%, 05/01/2050 (Callable 05/01/2035) | 1500000 | 1553554 |
|  Walled Lake Consolidated School District, 5.00%, 05/01/2047 (Callable 05/01/2032) | Walled Lake Consolidated School District, 5.00%, 05/01/2047 (Callable 05/01/2032) | 1000000 | 1029494 |
|  Wayne County Airport Authority, 5.25%, 12/01/2038 (Callable 12/01/2035) <sup>(b)</sup> | Wayne County Airport Authority, 5.25%, 12/01/2038 (Callable 12/01/2035) <sup>(b)</sup> | 450000 | 494212 |
|  |  |  | 22006937 |
| **Minnesota - 1.4%** | **Minnesota - 1.4%** | **Minnesota - 1.4%** | **Minnesota - 1.4%** |
|  City of Virginia MN, 5.00%, 12/15/2026 (Callable 11/01/2025) | City of Virginia MN, 5.00%, 12/15/2026 (Callable 11/01/2025) | 1000000 | 1001002 |
|  Federal Home Loan Mortgage Corp., Series 2024-ML21, Class AUS, 4.62%, 08/25/2041 (Callable 08/25/2041) <sup>(a)</sup> | Federal Home Loan Mortgage Corp., Series 2024-ML21, Class AUS, 4.62%, 08/25/2041 (Callable 08/25/2041) <sup>(a)</sup> | 994332 | 1011423 |
|  Housing & Redevelopment Authority of The City of St Paul Minnesota, 5.00%, 12/01/2036 (Callable 12/01/2030) | Housing & Redevelopment Authority of The City of St Paul Minnesota, 5.00%, 12/01/2036 (Callable 12/01/2030) | 150000 | 154376 |
| Minnesota Housing Finance Agency | Minnesota Housing Finance Agency | Minnesota Housing Finance Agency | Minnesota Housing Finance Agency |
| &nbsp;&nbsp; 4.50%, 01/01/2043 (Callable 01/01/2033) | &nbsp;&nbsp; 4.50%, 01/01/2043 (Callable 01/01/2033) | 480000 | 481849 |
| &nbsp;&nbsp; 4.25%, 01/01/2049 (Callable 01/01/2028) | &nbsp;&nbsp; 4.25%, 01/01/2049 (Callable 01/01/2028) | 190000 | 192231 |
| &nbsp;&nbsp; 6.50%, 07/01/2054 (Callable 07/01/2033) | &nbsp;&nbsp; 6.50%, 07/01/2054 (Callable 07/01/2033) | 705000 | 777049 |
| Northern Municipal Power Agency | Northern Municipal Power Agency | Northern Municipal Power Agency | Northern Municipal Power Agency |
| &nbsp;&nbsp; 5.00%, 01/01/2039 (Callable 01/01/2031) | &nbsp;&nbsp; 5.00%, 01/01/2039 (Callable 01/01/2031) | 125000 | 131531 |
| &nbsp;&nbsp; 5.00%, 01/01/2040 (Callable 01/01/2031) | &nbsp;&nbsp; 5.00%, 01/01/2040 (Callable 01/01/2031) | 100000 | 104705 |
|  Rosemount-Apple Valley-Eagan Independent School District No 196, 4.00%, 02/01/2042 (Callable 02/01/2032) | Rosemount-Apple Valley-Eagan Independent School District No 196, 4.00%, 02/01/2042 (Callable 02/01/2032) | 4000000 | 3908873 |
|  State of Minnesota, 5.00%, 08/01/2034 (Callable 08/01/2026) | State of Minnesota, 5.00%, 08/01/2034 (Callable 08/01/2026) | 1000000 | 1014850 |
|  |  |  | 8777889 |
| **Mississippi - 1.5%** | **Mississippi - 1.5%** | **Mississippi - 1.5%** | **Mississippi - 1.5%** |
|  City of Gulfport MS, 5.00%, 07/01/2026 | City of Gulfport MS, 5.00%, 07/01/2026 | 100000 | 100935 |
| City of Starkville MS Water & Sewer System Revenue | City of Starkville MS Water & Sewer System Revenue | City of Starkville MS Water & Sewer System Revenue | City of Starkville MS Water & Sewer System Revenue |
| &nbsp;&nbsp; 4.00%, 02/01/2038 (Callable 02/01/2033) | &nbsp;&nbsp; 4.00%, 02/01/2038 (Callable 02/01/2033) | 390000 | 395613 |
| &nbsp;&nbsp; 4.00%, 02/01/2039 (Callable 02/01/2033) | &nbsp;&nbsp; 4.00%, 02/01/2039 (Callable 02/01/2033) | 405000 | 407521 |
| &nbsp;&nbsp; 4.00%, 02/01/2040 (Callable 02/01/2033) | &nbsp;&nbsp; 4.00%, 02/01/2040 (Callable 02/01/2033) | 350000 | 346790 |
| County of Hinds MS | County of Hinds MS | County of Hinds MS | County of Hinds MS |
| &nbsp;&nbsp; 4.00%, 11/01/2034 (Callable 11/01/2025) | &nbsp;&nbsp; 4.00%, 11/01/2034 (Callable 11/01/2025) | 100000 | 95572 |
| &nbsp;&nbsp; 4.63%, 09/01/2054 (Callable 09/01/2029) <sup>(c)</sup> | &nbsp;&nbsp; 4.63%, 09/01/2054 (Callable 09/01/2029) <sup>(c)</sup> | 500000 | 448476 |
|  Mississippi Business Finance Corp., 2.45%, 11/01/2035 (Callable 11/03/2025) <sup>(a)</sup> | Mississippi Business Finance Corp., 2.45%, 11/01/2035 (Callable 11/03/2025) <sup>(a)</sup> | 1000000 | 1000000 |
| Mississippi Development Bank | Mississippi Development Bank | Mississippi Development Bank | Mississippi Development Bank |
| &nbsp;&nbsp; 5.00%, 03/01/2030 (Callable 03/01/2027) | &nbsp;&nbsp; 5.00%, 03/01/2030 (Callable 03/01/2027) | 30000 | 30015 |
| &nbsp;&nbsp; 5.00%, 08/01/2030 (Callable 08/01/2029) | &nbsp;&nbsp; 5.00%, 08/01/2030 (Callable 08/01/2029) | 85000 | 90133 |
| &nbsp;&nbsp; 5.00%, 11/01/2030 (Callable 11/01/2027) | &nbsp;&nbsp; 5.00%, 11/01/2030 (Callable 11/01/2027) | 100000 | 100227 |
| &nbsp;&nbsp; 5.00%, 03/01/2031 (Callable 03/01/2027) | &nbsp;&nbsp; 5.00%, 03/01/2031 (Callable 03/01/2027) | 100000 | 100185 |
| &nbsp;&nbsp; 1.48%, 07/01/2031 (Callable 11/01/2025) <sup>(c)</sup> | &nbsp;&nbsp; 1.48%, 07/01/2031 (Callable 11/01/2025) <sup>(c)</sup> | 864000 | 726839 |
| &nbsp;&nbsp; 5.00%, 03/01/2032 (Callable 03/01/2027) | &nbsp;&nbsp; 5.00%, 03/01/2032 (Callable 03/01/2027) | 50000 | 50120 |
| &nbsp;&nbsp; 5.00%, 03/01/2036 | &nbsp;&nbsp; 5.00%, 03/01/2036 | 2000000 | 2111570 |
| &nbsp;&nbsp; 1.99%, 06/01/2042 (Callable 11/01/2025) | &nbsp;&nbsp; 1.99%, 06/01/2042 (Callable 11/01/2025) | 2563000 | 1648920 |
| &nbsp;&nbsp; 4.00%, 05/01/2044 (Callable 05/01/2033) | &nbsp;&nbsp; 4.00%, 05/01/2044 (Callable 05/01/2033) | 360000 | 328542 |
| &nbsp;&nbsp; 5.25%, 03/01/2045 (Callable 03/01/2028) | &nbsp;&nbsp; 5.25%, 03/01/2045 (Callable 03/01/2028) | 150000 | 147498 |
| &nbsp;&nbsp; 5.00%, 05/01/2052 (Callable 05/01/2034) | &nbsp;&nbsp; 5.00%, 05/01/2052 (Callable 05/01/2034) | 1000000 | 1029687 |
|  |  |  | 9158643 |
| **Missouri - 4.7%** | **Missouri - 4.7%** | **Missouri - 4.7%** | **Missouri - 4.7%** |
|  Boonville School District No R-1/MO, 5.00%, 03/01/2043 (Callable 03/01/2029) | Boonville School District No R-1/MO, 5.00%, 03/01/2043 (Callable 03/01/2029) | 1600000 | 1647573 |
|  Citizens Memorial Hospital District, 5.00%, 12/01/2026 (Callable 09/01/2026) | Citizens Memorial Hospital District, 5.00%, 12/01/2026 (Callable 09/01/2026) | 1000000 | 1005659 |
| City of Kansas City MO | City of Kansas City MO | City of Kansas City MO | City of Kansas City MO |
| &nbsp;&nbsp; 0.00%, 02/01/2029 <sup>(e)</sup> | &nbsp;&nbsp; 0.00%, 02/01/2029 <sup>(e)</sup> | 635000 | 561832 |
| &nbsp;&nbsp; 5.00%, 02/01/2040 (Callable 02/01/2035) | &nbsp;&nbsp; 5.00%, 02/01/2040 (Callable 02/01/2035) | 400000 | 435277 |
| &nbsp;&nbsp; 5.00%, 02/01/2041 (Callable 02/01/2035) | &nbsp;&nbsp; 5.00%, 02/01/2041 (Callable 02/01/2035) | 600000 | 646434 |
| &nbsp;&nbsp; 5.00%, 02/01/2042 (Callable 02/01/2035) | &nbsp;&nbsp; 5.00%, 02/01/2042 (Callable 02/01/2035) | 700000 | 747083 |
|  City of St Louis MO Airport Revenue, 5.00%, 07/01/2039 (Callable 07/01/2029) | City of St Louis MO Airport Revenue, 5.00%, 07/01/2039 (Callable 07/01/2029) | 300000 | 311266 |
|  Clay County School District No 40 Excelsior Springs, 5.00%, 04/01/2039 (Callable 04/01/2033) | Clay County School District No 40 Excelsior Springs, 5.00%, 04/01/2039 (Callable 04/01/2033) | 600000 | 644032 |
|  County of Phelps MO, 6.00%, 12/01/2055 (Callable 12/01/2035) | County of Phelps MO, 6.00%, 12/01/2055 (Callable 12/01/2035) | 500000 | 531878 |
| Health & Educational Facilities Authority of the State of Missouri | Health & Educational Facilities Authority of the State of Missouri | Health & Educational Facilities Authority of the State of Missouri | Health & Educational Facilities Authority of the State of Missouri |
| &nbsp;&nbsp; 5.00%, 05/01/2032 | &nbsp;&nbsp; 5.00%, 05/01/2032 | 500000 | 503664 |
| &nbsp;&nbsp; 5.00%, 11/15/2032 (Callable 08/15/2032) | &nbsp;&nbsp; 5.00%, 11/15/2032 (Callable 08/15/2032) | 2400000 | 2536573 |
| &nbsp;&nbsp; 5.00%, 11/15/2033 (Callable 11/15/2030) | &nbsp;&nbsp; 5.00%, 11/15/2033 (Callable 11/15/2030) | 360000 | 393104 |
| &nbsp;&nbsp; 5.00%, 06/01/2052 | &nbsp;&nbsp; 5.00%, 06/01/2052 | 2500000 | 2632071 |
|  Industrial Development Authority of the City of St Louis Missouri, 3.15%, 04/01/2046 (Callable 07/01/2027) <sup>(a)</sup> | Industrial Development Authority of the City of St Louis Missouri, 3.15%, 04/01/2046 (Callable 07/01/2027) <sup>(a)</sup> | 770000 | 772816 |
|  Jefferson City School District/MO, 5.50%, 03/01/2044 (Callable 03/01/2033) | Jefferson City School District/MO, 5.50%, 03/01/2044 (Callable 03/01/2033) | 1250000 | 1350388 |
|  Jefferson County School District No R-VI Festus, 5.00%, 04/01/2051 (Callable 04/01/2033) | Jefferson County School District No R-VI Festus, 5.00%, 04/01/2051 (Callable 04/01/2033) | 1000000 | 1019715 |
|  Kansas City Industrial Development Authority, 5.00%, 03/01/2031 (Callable 03/01/2030) <sup>(b)</sup> | Kansas City Industrial Development Authority, 5.00%, 03/01/2031 (Callable 03/01/2030) <sup>(b)</sup> | 1000000 | 1071106 |
|  Missouri Development Finance Board, 5.50%, 12/01/2050 (Callable 12/01/2033) | Missouri Development Finance Board, 5.50%, 12/01/2050 (Callable 12/01/2033) | 1050000 | 1108616 |
| Missouri Housing Development Commission | Missouri Housing Development Commission | Missouri Housing Development Commission | Missouri Housing Development Commission |
| &nbsp;&nbsp; 6.00%, 05/01/2055 (Callable 05/01/2033) | &nbsp;&nbsp; 6.00%, 05/01/2055 (Callable 05/01/2033) | 520000 | 578764 |
| &nbsp;&nbsp; 5.75%, 05/01/2056 (Callable 05/01/2033) | &nbsp;&nbsp; 5.75%, 05/01/2056 (Callable 05/01/2033) | 1000000 | 1096300 |
|  Missouri Joint Municipal Electric Utility Commission, 5.00%, 06/01/2034 | Missouri Joint Municipal Electric Utility Commission, 5.00%, 06/01/2034 | 870000 | 998964 |
|  Monarch-Chesterfield Levee District, 4.13%, 03/01/2044 (Callable 03/01/2034) | Monarch-Chesterfield Levee District, 4.13%, 03/01/2044 (Callable 03/01/2034) | 1000000 | 955278 |
|  Pettis County School District No 200 Sedalia, 5.00%, 04/15/2046 (Callable 04/15/2030) | Pettis County School District No 200 Sedalia, 5.00%, 04/15/2046 (Callable 04/15/2030) | 1000000 | 1018480 |
|  Platte County R-III School District, 6.25%, 03/01/2044 (Callable 03/01/2035) | Platte County R-III School District, 6.25%, 03/01/2044 (Callable 03/01/2035) | 1675000 | 1931939 |
| St Clair Fire Protection District | St Clair Fire Protection District | St Clair Fire Protection District | St Clair Fire Protection District |
| &nbsp;&nbsp; 5.00%, 03/01/2040 (Callable 03/01/2034) | &nbsp;&nbsp; 5.00%, 03/01/2040 (Callable 03/01/2034) | 500000 | 535886 |
| &nbsp;&nbsp; 5.00%, 03/01/2042 (Callable 03/01/2034) | &nbsp;&nbsp; 5.00%, 03/01/2042 (Callable 03/01/2034) | 705000 | 742677 |
| St Louis Land Clearance for Redevelopment Authority | St Louis Land Clearance for Redevelopment Authority | St Louis Land Clearance for Redevelopment Authority | St Louis Land Clearance for Redevelopment Authority |
| &nbsp;&nbsp; 4.25%, 06/01/2026 | &nbsp;&nbsp; 4.25%, 06/01/2026 | 25000 | 25058 |
| &nbsp;&nbsp; 5.00%, 04/01/2038 (Callable 04/01/2027) | &nbsp;&nbsp; 5.00%, 04/01/2038 (Callable 04/01/2027) | 1000000 | 1014331 |
|  St Louis Municipal Finance Corp., 5.00%, 10/01/2045 (Callable 10/01/2030) | St Louis Municipal Finance Corp., 5.00%, 10/01/2045 (Callable 10/01/2030) | 1000000 | 1024847 |
|  University City Industrial Development Authority, 5.50%, 06/15/2042 (Callable 06/15/2033) | University City Industrial Development Authority, 5.50%, 06/15/2042 (Callable 06/15/2033) | 500000 | 496421 |
|  Warren County School District No R-III, 5.00%, 03/01/2044 (Callable 03/01/2030) | Warren County School District No R-III, 5.00%, 03/01/2044 (Callable 03/01/2030) | 1075000 | 1113345 |
|  |  |  | 29451377 |
| **Montana - 0.5%** | **Montana - 0.5%** | **Montana - 0.5%** | **Montana - 0.5%** |
|  City of Forsyth MT, 3.88%, 07/01/2028 (Callable 04/02/2028) | City of Forsyth MT, 3.88%, 07/01/2028 (Callable 04/02/2028) | 1000000 | 1020251 |
|  Montana Board of Housing, 6.00%, 12/01/2054 (Callable 06/01/2033) | Montana Board of Housing, 6.00%, 12/01/2054 (Callable 06/01/2033) | 1385000 | 1505301 |
|  Montana Facility Finance Authority, 5.00%, 07/01/2033 (Callable 07/01/2028) | Montana Facility Finance Authority, 5.00%, 07/01/2033 (Callable 07/01/2028) | 500000 | 520364 |
|  |  |  | 3045916 |
| **Nebraska - 0.2%** | **Nebraska - 0.2%** | **Nebraska - 0.2%** | **Nebraska - 0.2%** |
|  Beatrice Area Solid Waste Agency, 4.63%, 03/15/2050 (Callable 03/05/2033) | Beatrice Area Solid Waste Agency, 4.63%, 03/15/2050 (Callable 03/05/2033) | 750000 | 735004 |
|  Central Plains Energy Project, 5.00%, 05/01/2054 (Callable 08/01/2029) <sup>(a)</sup> | Central Plains Energy Project, 5.00%, 05/01/2054 (Callable 08/01/2029) <sup>(a)</sup> | 750000 | 803544 |
|  |  |  | 1538548 |
| **Nevada - 0.3%** | **Nevada - 0.3%** | **Nevada - 0.3%** | **Nevada - 0.3%** |
|  Carson City NV, 5.00%, 09/01/2031 (Callable 09/01/2027) | Carson City NV, 5.00%, 09/01/2031 (Callable 09/01/2027) | 495000 | 508600 |
|  County of Washoe NV, 4.13%, 03/01/2036 <sup>(a)(b)</sup> | County of Washoe NV, 4.13%, 03/01/2036 <sup>(a)(b)</sup> | 500000 | 506087 |
|  Nevada Housing Division, 7.50%, 04/01/2049 (Callable 10/01/2033) | Nevada Housing Division, 7.50%, 04/01/2049 (Callable 10/01/2033) | 1000000 | 1202714 |
|  |  |  | 2217401 |
| **New Hampshire - 1.3%** | **New Hampshire - 1.3%** | **New Hampshire - 1.3%** | **New Hampshire - 1.3%** |
| New Hampshire Business Finance Authority | New Hampshire Business Finance Authority | New Hampshire Business Finance Authority | New Hampshire Business Finance Authority |
| &nbsp;&nbsp; 4.50%, 10/01/2033 | &nbsp;&nbsp; 4.50%, 10/01/2033 | 1000000 | 1045889 |
| &nbsp;&nbsp; 5.38%, 12/15/2035 (Callable 06/15/2026) <sup>(c)</sup> | &nbsp;&nbsp; 5.38%, 12/15/2035 (Callable 06/15/2026) <sup>(c)</sup> | 550000 | 549710 |
| &nbsp;&nbsp; 4.38%, 09/20/2036 | &nbsp;&nbsp; 4.38%, 09/20/2036 | 478530 | 473062 |
| &nbsp;&nbsp; 4.22%, 11/20/2042 <sup>(a)</sup> | &nbsp;&nbsp; 4.22%, 11/20/2042 <sup>(a)</sup> | 3498387 | 3318698 |
| &nbsp;&nbsp; 5.25%, 06/01/2045 (Callable 06/01/2035) | &nbsp;&nbsp; 5.25%, 06/01/2045 (Callable 06/01/2035) | 1000000 | 1030324 |
| &nbsp;&nbsp; 5.75%, 04/01/2050 (Callable 04/01/2033) <sup>(b)</sup> | &nbsp;&nbsp; 5.75%, 04/01/2050 (Callable 04/01/2033) <sup>(b)</sup> | 500000 | 508611 |
| New Hampshire Health and Education Facilities Authority Act | New Hampshire Health and Education Facilities Authority Act | New Hampshire Health and Education Facilities Authority Act | New Hampshire Health and Education Facilities Authority Act |
| &nbsp;&nbsp; 5.00%, 10/01/2035 (Callable 10/01/2027) | &nbsp;&nbsp; 5.00%, 10/01/2035 (Callable 10/01/2027) | 450000 | 460727 |
| &nbsp;&nbsp; 5.50%, 06/01/2036 (Callable 06/01/2026) | &nbsp;&nbsp; 5.50%, 06/01/2036 (Callable 06/01/2026) | 500000 | 505700 |
|  |  |  | 7892721 |
| **New Jersey - 0.6%** | **New Jersey - 0.6%** | **New Jersey - 0.6%** | **New Jersey - 0.6%** |
|  New Jersey Higher Education Student Assistance Authority, 4.50%, 12/01/2045 (Callable 12/01/2035) <sup>(b)</sup> | New Jersey Higher Education Student Assistance Authority, 4.50%, 12/01/2045 (Callable 12/01/2035) <sup>(b)</sup> | 2500000 | 2531803 |
|  New Jersey Housing & Mortgage Finance Agency, 5.00%, 10/01/2063 | New Jersey Housing & Mortgage Finance Agency, 5.00%, 10/01/2063 | 492254 | 498672 |
| Newark Parking Authority | Newark Parking Authority | Newark Parking Authority | Newark Parking Authority |
| &nbsp;&nbsp; 5.25%, 02/01/2043 (Callable 02/01/2033) | &nbsp;&nbsp; 5.25%, 02/01/2043 (Callable 02/01/2033) | 200000 | 205591 |
| &nbsp;&nbsp; 5.50%, 02/01/2051 (Callable 02/01/2033) | &nbsp;&nbsp; 5.50%, 02/01/2051 (Callable 02/01/2033) | 340000 | 348820 |
|  Toms River Board of Education, 3.00%, 07/15/2029 (Callable 07/15/2026) | Toms River Board of Education, 3.00%, 07/15/2029 (Callable 07/15/2026) | 250000 | 236668 |
|  |  |  | 3821554 |
| **New Mexico - 0.3%** | **New Mexico - 0.3%** | **New Mexico - 0.3%** | **New Mexico - 0.3%** |
|  New Mexico Hospital Equipment Loan Council, 4.00%, 08/01/2035 (Callable 11/01/2027) | New Mexico Hospital Equipment Loan Council, 4.00%, 08/01/2035 (Callable 11/01/2027) | 1995000 | 1988627 |
| **New York - 5.6%** | **New York - 5.6%** | **New York - 5.6%** | **New York - 5.6%** |
|  Albany County Capital Resource Corp., 3.10%, 07/01/2030 | Albany County Capital Resource Corp., 3.10%, 07/01/2030 | 100000 | 94950 |
| Build NYC Resource Corp. | Build NYC Resource Corp. | Build NYC Resource Corp. | Build NYC Resource Corp. |
| &nbsp;&nbsp; 4.00%, 12/01/2031 (Callable 12/01/2029) <sup>(c)</sup> | &nbsp;&nbsp; 4.00%, 12/01/2031 (Callable 12/01/2029) <sup>(c)</sup> | 300000 | 293743 |
| &nbsp;&nbsp; 5.50%, 12/01/2056 (Callable 12/01/2035) | &nbsp;&nbsp; 5.50%, 12/01/2056 (Callable 12/01/2035) | 1000000 | 1051344 |
| City of New York NY | City of New York NY | City of New York NY | City of New York NY |
| &nbsp;&nbsp; 2.45%, 04/01/2042 (Callable 10/01/2025) <sup>(a)</sup> | &nbsp;&nbsp; 2.45%, 04/01/2042 (Callable 10/01/2025) <sup>(a)</sup> | 5000000 | 5000000 |
| &nbsp;&nbsp; 5.25%, 10/01/2043 (Callable 10/01/2032) | &nbsp;&nbsp; 5.25%, 10/01/2043 (Callable 10/01/2032) | 1000000 | 1066390 |
|  Empire State Development Corp., 5.00%, 03/15/2034 (Callable 09/15/2027) | Empire State Development Corp., 5.00%, 03/15/2034 (Callable 09/15/2027) | 1500000 | 1558040 |
|  Huntington Local Development Corp., 4.00%, 07/01/2027 | Huntington Local Development Corp., 4.00%, 07/01/2027 | 195000 | 191655 |
|  Long Island Power Authority, 3.00%, 09/01/2055 (Callable 03/01/2028) <sup>(a)</sup> | Long Island Power Authority, 3.00%, 09/01/2055 (Callable 03/01/2028) <sup>(a)</sup> | 1500000 | 1492256 |
|  Monroe County Industrial Development Corp., 4.84%, 11/01/2040 | Monroe County Industrial Development Corp., 4.84%, 11/01/2040 | 983856 | 1014361 |
| New York City Housing Development Corp. | New York City Housing Development Corp. | New York City Housing Development Corp. | New York City Housing Development Corp. |
| &nbsp;&nbsp; 2.55%, 11/01/2045 (Callable 02/01/2029) | &nbsp;&nbsp; 2.55%, 11/01/2045 (Callable 02/01/2029) | 1000000 | 716004 |
| &nbsp;&nbsp; 0.90%, 11/01/2060 (Callable 10/22/2025) <sup>(a)</sup> | &nbsp;&nbsp; 0.90%, 11/01/2060 (Callable 10/22/2025) <sup>(a)</sup> | 500000 | 496701 |
| &nbsp;&nbsp; 3.95%, 11/01/2064 (Callable 07/01/2028) <sup>(a)</sup> | &nbsp;&nbsp; 3.95%, 11/01/2064 (Callable 07/01/2028) <sup>(a)</sup> | 2000000 | 2051108 |
| New York City Municipal Water Finance Authority | New York City Municipal Water Finance Authority | New York City Municipal Water Finance Authority | New York City Municipal Water Finance Authority |
| &nbsp;&nbsp; 5.00%, 06/15/2037 (Callable 06/15/2027) | &nbsp;&nbsp; 5.00%, 06/15/2037 (Callable 06/15/2027) | 1500000 | 1540335 |
| &nbsp;&nbsp; 2.45%, 06/15/2044 (Callable 10/01/2025) <sup>(a)</sup> | &nbsp;&nbsp; 2.45%, 06/15/2044 (Callable 10/01/2025) <sup>(a)</sup> | 3510000 | 3510000 |
|  New York City Transitional Finance Authority, 5.00%, 05/01/2040 (Callable 11/01/2034) | New York City Transitional Finance Authority, 5.00%, 05/01/2040 (Callable 11/01/2034) | 1980000 | 2165987 |
|  New York City Transitional Finance Authority Building Aid Revenue, 5.00%, 07/15/2045 (Callable 07/15/2028) | New York City Transitional Finance Authority Building Aid Revenue, 5.00%, 07/15/2045 (Callable 07/15/2028) | 1000000 | 1020182 |
| New York City Transitional Finance Authority Future Tax Secured Revenue | New York City Transitional Finance Authority Future Tax Secured Revenue | New York City Transitional Finance Authority Future Tax Secured Revenue | New York City Transitional Finance Authority Future Tax Secured Revenue |
| &nbsp;&nbsp; 5.00%, 05/01/2034 (Callable 05/01/2028) | &nbsp;&nbsp; 5.00%, 05/01/2034 (Callable 05/01/2028) | 1000000 | 1048462 |
| &nbsp;&nbsp; 5.00%, 05/01/2035 (Callable 05/01/2028) | &nbsp;&nbsp; 5.00%, 05/01/2035 (Callable 05/01/2028) | 1000000 | 1045890 |
| New York State Dormitory Authority | New York State Dormitory Authority | New York State Dormitory Authority | New York State Dormitory Authority |
| &nbsp;&nbsp; 5.00%, 03/15/2043 (Callable 03/15/2029) | &nbsp;&nbsp; 5.00%, 03/15/2043 (Callable 03/15/2029) | 250000 | 256705 |
| &nbsp;&nbsp; 5.25%, 10/01/2044 (Callable 10/01/2034) | &nbsp;&nbsp; 5.25%, 10/01/2044 (Callable 10/01/2034) | 1000000 | 1042957 |
| &nbsp;&nbsp; 5.50%, 07/01/2050 (Callable 07/01/2035) | &nbsp;&nbsp; 5.50%, 07/01/2050 (Callable 07/01/2035) | 750000 | 802272 |
|  New York State Environmental Facilities Corp., 5.13%, 09/01/2050 (Callable 06/05/2030) <sup>(a)(b)(c)</sup> | New York State Environmental Facilities Corp., 5.13%, 09/01/2050 (Callable 06/05/2030) <sup>(a)(b)(c)</sup> | 500000 | 520910 |
|  New York State Housing Finance Agency, 3.60%, 11/01/2062 (Callable 10/22/2025) <sup>(a)</sup> | New York State Housing Finance Agency, 3.60%, 11/01/2062 (Callable 10/22/2025) <sup>(a)</sup> | 630000 | 630109 |
| New York Transportation Development Corp. | New York Transportation Development Corp. | New York Transportation Development Corp. | New York Transportation Development Corp. |
| &nbsp;&nbsp; 5.00%, 10/01/2040 (Callable 10/01/2030) <sup>(b)</sup> | &nbsp;&nbsp; 5.00%, 10/01/2040 (Callable 10/01/2030) <sup>(b)</sup> | 1875000 | 1894582 |
| &nbsp;&nbsp; 6.00%, 06/30/2045 (Callable 06/30/2034) <sup>(b)</sup> | &nbsp;&nbsp; 6.00%, 06/30/2045 (Callable 06/30/2034) <sup>(b)</sup> | 1500000 | 1649179 |
| Onondaga Civic Development Corp. | Onondaga Civic Development Corp. | Onondaga Civic Development Corp. | Onondaga Civic Development Corp. |
| &nbsp;&nbsp; 4.13%, 10/01/2035 (Callable 11/01/2025) | &nbsp;&nbsp; 4.13%, 10/01/2035 (Callable 11/01/2025) | 220000 | 187038 |
| &nbsp;&nbsp; 5.00%, 10/01/2040 (Callable 11/01/2025) | &nbsp;&nbsp; 5.00%, 10/01/2040 (Callable 11/01/2025) | 525000 | 446843 |
|  Port Authority of New York & New Jersey, 5.00%, 11/15/2034 (Callable 11/15/2026) <sup>(b)</sup> | Port Authority of New York & New Jersey, 5.00%, 11/15/2034 (Callable 11/15/2026) <sup>(b)</sup> | 1000000 | 1011798 |
|  Saratoga County Capital Resource Corp., 5.00%, 07/01/2038 (Callable 07/01/2035) | Saratoga County Capital Resource Corp., 5.00%, 07/01/2038 (Callable 07/01/2035) | 700000 | 768789 |
|  Schenectady County Capital Resource Corp., 5.25%, 07/01/2052 (Callable 07/01/2032) | Schenectady County Capital Resource Corp., 5.25%, 07/01/2052 (Callable 07/01/2032) | 350000 | 363189 |
|  Town of Ramapo NY, 3.75%, 03/01/2030 (Callable 10/22/2025) | Town of Ramapo NY, 3.75%, 03/01/2030 (Callable 10/22/2025) | 50000 | 49555 |
|  Triborough Bridge & Tunnel Authority, 4.50%, 05/15/2047 (Callable 11/15/2032) | Triborough Bridge & Tunnel Authority, 4.50%, 05/15/2047 (Callable 11/15/2032) | 500000 | 501066 |
|  |  |  | 35482400 |
| **North Carolina - 1.0%** | **North Carolina - 1.0%** | **North Carolina - 1.0%** | **North Carolina - 1.0%** |
| City of Asheville NC | City of Asheville NC | City of Asheville NC | City of Asheville NC |
| &nbsp;&nbsp; 5.00%, 04/01/2038 (Callable 04/01/2035) | &nbsp;&nbsp; 5.00%, 04/01/2038 (Callable 04/01/2035) | 575000 | 648409 |
| &nbsp;&nbsp; 5.00%, 04/01/2044 (Callable 04/01/2035) | &nbsp;&nbsp; 5.00%, 04/01/2044 (Callable 04/01/2035) | 515000 | 548902 |
|  City of Charlotte NC Airport Revenue, 5.00%, 07/01/2047 (Callable 07/01/2027) <sup>(b)</sup> | City of Charlotte NC Airport Revenue, 5.00%, 07/01/2047 (Callable 07/01/2027) <sup>(b)</sup> | 600000 | 601336 |
| City of Raleigh NC | City of Raleigh NC | City of Raleigh NC | City of Raleigh NC |
| &nbsp;&nbsp; 5.00%, 04/01/2043 (Callable 04/01/2035) | &nbsp;&nbsp; 5.00%, 04/01/2043 (Callable 04/01/2035) | 500000 | 541642 |
| &nbsp;&nbsp; 5.00%, 04/01/2044 (Callable 04/01/2035) | &nbsp;&nbsp; 5.00%, 04/01/2044 (Callable 04/01/2035) | 500000 | 538612 |
|  Fayetteville State University, 5.00%, 04/01/2043 (Callable 04/01/2031) | Fayetteville State University, 5.00%, 04/01/2043 (Callable 04/01/2031) | 1000000 | 1023474 |
| Greater Asheville Regional Airport Authority | Greater Asheville Regional Airport Authority | Greater Asheville Regional Airport Authority | Greater Asheville Regional Airport Authority |
| &nbsp;&nbsp; 5.25%, 07/01/2038 (Callable 07/01/2032) <sup>(b)</sup> | &nbsp;&nbsp; 5.25%, 07/01/2038 (Callable 07/01/2032) <sup>(b)</sup> | 350000 | 374401 |
| &nbsp;&nbsp; 5.25%, 07/01/2043 (Callable 07/01/2033) <sup>(b)</sup> | &nbsp;&nbsp; 5.25%, 07/01/2043 (Callable 07/01/2033) <sup>(b)</sup> | 1000000 | 1038035 |
| &nbsp;&nbsp; 5.50%, 07/01/2047 (Callable 07/01/2032) <sup>(b)</sup> | &nbsp;&nbsp; 5.50%, 07/01/2047 (Callable 07/01/2032) <sup>(b)</sup> | 500000 | 518153 |
|  North Carolina Housing Finance Agency, 2.85%, 07/01/2040 (Callable 07/01/2029) | North Carolina Housing Finance Agency, 2.85%, 07/01/2040 (Callable 07/01/2029) | 460000 | 374841 |
|  |  |  | 6207805 |
| **North Dakota - 0.5%** | **North Dakota - 0.5%** | **North Dakota - 0.5%** | **North Dakota - 0.5%** |
| City of Horace ND | City of Horace ND | City of Horace ND | City of Horace ND |
| &nbsp;&nbsp; 5.00%, 05/01/2048 (Callable 05/01/2031) | &nbsp;&nbsp; 5.00%, 05/01/2048 (Callable 05/01/2031) | 500000 | 497081 |
| &nbsp;&nbsp; 6.00%, 05/01/2049 (Callable 05/01/2032) | &nbsp;&nbsp; 6.00%, 05/01/2049 (Callable 05/01/2032) | 500000 | 517476 |
|  City of Mandan ND Sales Tax Revenue, 3.00%, 09/01/2036 (Callable 11/01/2025) | City of Mandan ND Sales Tax Revenue, 3.00%, 09/01/2036 (Callable 11/01/2025) | 200000 | 176833 |
|  City of Mayville ND, 5.00%, 05/01/2044 (Callable 05/01/2031) | City of Mayville ND, 5.00%, 05/01/2044 (Callable 05/01/2031) | 1000000 | 949523 |
|  North Dakota Housing Finance Agency, 5.75%, 01/01/2054 (Callable 07/01/2032) | North Dakota Housing Finance Agency, 5.75%, 01/01/2054 (Callable 07/01/2032) | 900000 | 962427 |
|  |  |  | 3103340 |
| **Ohio - 5.2%** | **Ohio - 5.2%** | **Ohio - 5.2%** | **Ohio - 5.2%** |
|  Akron Bath Copley Joint Township Hospital District, 5.00%, 11/15/2031 (Callable 11/15/2030) | Akron Bath Copley Joint Township Hospital District, 5.00%, 11/15/2031 (Callable 11/15/2030) | 100000 | 107956 |
|  Bedford City School District, 5.50%, 12/01/2044 (Callable 06/01/2032) | Bedford City School District, 5.50%, 12/01/2044 (Callable 06/01/2032) | 3250000 | 3488454 |
|  Brooklyn City School District, 5.00%, 12/01/2038 (Callable 06/01/2027) | Brooklyn City School District, 5.00%, 12/01/2038 (Callable 06/01/2027) | 1500000 | 1526834 |
| Cleveland Municipal School District | Cleveland Municipal School District | Cleveland Municipal School District | Cleveland Municipal School District |
| &nbsp;&nbsp; 5.00%, 12/01/2042 (Callable 06/01/2035) | &nbsp;&nbsp; 5.00%, 12/01/2042 (Callable 06/01/2035) | 700000 | 743292 |
| &nbsp;&nbsp; 5.00%, 12/01/2043 (Callable 06/01/2035) | &nbsp;&nbsp; 5.00%, 12/01/2043 (Callable 06/01/2035) | 750000 | 791639 |
|  Cleveland-Cuyahoga County Port Authority, 5.50%, 08/01/2052 (Callable 08/01/2032) | Cleveland-Cuyahoga County Port Authority, 5.50%, 08/01/2052 (Callable 08/01/2032) | 350000 | 362159 |
|  Columbus Regional Airport Authority, 5.00%, 01/01/2036 (Callable 01/01/2035) <sup>(b)</sup> | Columbus Regional Airport Authority, 5.00%, 01/01/2036 (Callable 01/01/2035) <sup>(b)</sup> | 1500000 | 1636647 |
|  Columbus-Franklin County Finance Authority, 5.25%, 05/15/2045 (Callable 05/15/2035) | Columbus-Franklin County Finance Authority, 5.25%, 05/15/2045 (Callable 05/15/2035) | 660000 | 676323 |
|  County of Fayette OH, 5.25%, 12/01/2049 (Callable 12/01/2034) | County of Fayette OH, 5.25%, 12/01/2049 (Callable 12/01/2034) | 1500000 | 1561061 |
| County of Montgomery OH | County of Montgomery OH | County of Montgomery OH | County of Montgomery OH |
| &nbsp;&nbsp; 3.00%, 08/01/2034 (Callable 02/01/2031) | &nbsp;&nbsp; 3.00%, 08/01/2034 (Callable 02/01/2031) | 100000 | 94652 |
| &nbsp;&nbsp; 5.25%, 09/01/2054 (Callable 09/01/2034) | &nbsp;&nbsp; 5.25%, 09/01/2054 (Callable 09/01/2034) | 1000000 | 1016042 |
|  County of Ross OH, 5.00%, 12/01/2039 (Callable 12/01/2029) | County of Ross OH, 5.00%, 12/01/2039 (Callable 12/01/2029) | 1000000 | 1025494 |
|  Delaware County Finance Authority, 5.38%, 12/01/2038 (Callable 12/01/2034) | Delaware County Finance Authority, 5.38%, 12/01/2038 (Callable 12/01/2034) | 675000 | 678630 |
|  EHOVE Joint Vocational School District, 5.50%, 12/01/2050 (Callable 06/01/2032) | EHOVE Joint Vocational School District, 5.50%, 12/01/2050 (Callable 06/01/2032) | 1800000 | 1888934 |
|  FHLMC Multifamily VRD Certificates, 2.55%, 06/15/2035 | FHLMC Multifamily VRD Certificates, 2.55%, 06/15/2035 | 435000 | 386742 |
|  Licking Heights Local School District, 5.50%, 10/01/2059 (Callable 10/01/2031) | Licking Heights Local School District, 5.50%, 10/01/2059 (Callable 10/01/2031) | 1000000 | 1050547 |
|  Margaretta Local School District, 5.50%, 10/01/2050 (Callable 10/01/2032) | Margaretta Local School District, 5.50%, 10/01/2050 (Callable 10/01/2032) | 1600000 | 1673138 |
|  Ohio Air Quality Development Authority, 4.00%, 09/01/2030 <sup>(a)</sup> | Ohio Air Quality Development Authority, 4.00%, 09/01/2030 <sup>(a)</sup> | 520000 | 530201 |
| Ohio Housing Finance Agency | Ohio Housing Finance Agency | Ohio Housing Finance Agency | Ohio Housing Finance Agency |
| &nbsp;&nbsp; 6.00%, 02/01/2026 (Callable 11/01/2025) <sup>(c)</sup> | &nbsp;&nbsp; 6.00%, 02/01/2026 (Callable 11/01/2025) <sup>(c)</sup> | 500000 | 502196 |
| &nbsp;&nbsp; 4.70%, 01/01/2043 | &nbsp;&nbsp; 4.70%, 01/01/2043 | 1000000 | 1024457 |
| &nbsp;&nbsp; 2.90%, 09/01/2045 (Callable 03/01/2029) | &nbsp;&nbsp; 2.90%, 09/01/2045 (Callable 03/01/2029) | 800000 | 616235 |
|  Ohio Turnpike & Infrastructure Commission, 5.70%, 02/15/2034 (Callable 02/15/2031) | Ohio Turnpike & Infrastructure Commission, 5.70%, 02/15/2034 (Callable 02/15/2031) | 95000 | 108464 |
| Port of Greater Cincinnati Development Authority | Port of Greater Cincinnati Development Authority | Port of Greater Cincinnati Development Authority | Port of Greater Cincinnati Development Authority |
| &nbsp;&nbsp; 5.25%, 12/01/2058 (Callable 06/01/2034) | &nbsp;&nbsp; 5.25%, 12/01/2058 (Callable 06/01/2034) | 500000 | 515820 |
| &nbsp;&nbsp; 5.25%, 12/01/2063 (Callable 06/01/2034) | &nbsp;&nbsp; 5.25%, 12/01/2063 (Callable 06/01/2034) | 900000 | 928476 |
| Shaker Heights City School District | Shaker Heights City School District | Shaker Heights City School District | Shaker Heights City School District |
| &nbsp;&nbsp; 5.00%, 12/15/2040 (Callable 06/15/2034) | &nbsp;&nbsp; 5.00%, 12/15/2040 (Callable 06/15/2034) | 500000 | 544764 |
| &nbsp;&nbsp; 5.00%, 12/15/2041 (Callable 06/15/2034) | &nbsp;&nbsp; 5.00%, 12/15/2041 (Callable 06/15/2034) | 450000 | 485042 |
|  State of Ohio, 3.15%, 01/15/2051 (Callable 10/01/2025) <sup>(a)</sup> | State of Ohio, 3.15%, 01/15/2051 (Callable 10/01/2025) <sup>(a)</sup> | 2000000 | 2000000 |
| Summit County Development Finance Authority | Summit County Development Finance Authority | Summit County Development Finance Authority | Summit County Development Finance Authority |
| &nbsp;&nbsp; 5.00%, 05/15/2045 (Callable 05/15/2035) | &nbsp;&nbsp; 5.00%, 05/15/2045 (Callable 05/15/2035) | 1890000 | 1941721 |
| &nbsp;&nbsp; 5.75%, 12/01/2053 (Callable 12/01/2033) | &nbsp;&nbsp; 5.75%, 12/01/2053 (Callable 12/01/2033) | 250000 | 258854 |
|  Tolles Career & Technical Center, 5.00%, 12/01/2042 (Callable 12/01/2031) | Tolles Career & Technical Center, 5.00%, 12/01/2042 (Callable 12/01/2031) | 1820000 | 1904457 |
|  University of Akron, 5.00%, 01/01/2036 (Callable 07/01/2026) | University of Akron, 5.00%, 01/01/2036 (Callable 07/01/2026) | 1000000 | 1006300 |
|  Warren County Port Authority, 5.00%, 12/01/2038 (Callable 12/01/2035) | Warren County Port Authority, 5.00%, 12/01/2038 (Callable 12/01/2035) | 1500000 | 1531716 |
|  |  |  | 32607247 |
| **Oklahoma - 1.6%** | **Oklahoma - 1.6%** | **Oklahoma - 1.6%** | **Oklahoma - 1.6%** |
|  Caddo County Educational Facilities Authority, 5.00%, 09/01/2033 | Caddo County Educational Facilities Authority, 5.00%, 09/01/2033 | 1000000 | 1084312 |
|  Mcintosh County Educational Facilities Authority, 5.00%, 09/01/2041 (Callable 09/01/2035) | Mcintosh County Educational Facilities Authority, 5.00%, 09/01/2041 (Callable 09/01/2035) | 800000 | 815915 |
| Muskogee Industrial Trust | Muskogee Industrial Trust | Muskogee Industrial Trust | Muskogee Industrial Trust |
| &nbsp;&nbsp; 4.00%, 09/01/2032 (Callable 09/01/2029) | &nbsp;&nbsp; 4.00%, 09/01/2032 (Callable 09/01/2029) | 250000 | 252357 |
| &nbsp;&nbsp; 4.00%, 09/01/2033 (Callable 09/01/2029) | &nbsp;&nbsp; 4.00%, 09/01/2033 (Callable 09/01/2029) | 500000 | 502011 |
| Nowata County Educational Facilities Authority | Nowata County Educational Facilities Authority | Nowata County Educational Facilities Authority | Nowata County Educational Facilities Authority |
| &nbsp;&nbsp; 5.00%, 09/01/2034 | &nbsp;&nbsp; 5.00%, 09/01/2034 | 465000 | 504710 |
| &nbsp;&nbsp; 5.00%, 09/01/2035 | &nbsp;&nbsp; 5.00%, 09/01/2035 | 505000 | 544838 |
| &nbsp;&nbsp; 5.00%, 09/01/2038 (Callable 09/01/2035) | &nbsp;&nbsp; 5.00%, 09/01/2038 (Callable 09/01/2035) | 1260000 | 1316878 |
|  Oklahoma Capitol Improvement Authority, 5.00%, 07/01/2045 (Callable 07/01/2035) | Oklahoma Capitol Improvement Authority, 5.00%, 07/01/2045 (Callable 07/01/2035) | 1000000 | 1057802 |
|  Oklahoma County Finance Authority, 5.00%, 10/01/2045 (Callable 10/01/2034) | Oklahoma County Finance Authority, 5.00%, 10/01/2045 (Callable 10/01/2034) | 1000000 | 1038303 |
| Oklahoma Turnpike Authority | Oklahoma Turnpike Authority | Oklahoma Turnpike Authority | Oklahoma Turnpike Authority |
| &nbsp;&nbsp; 5.00%, 01/01/2039 (Callable 01/01/2036) <sup>(d)</sup> | &nbsp;&nbsp; 5.00%, 01/01/2039 (Callable 01/01/2036) <sup>(d)</sup> | 250000 | 278366 |
| &nbsp;&nbsp; 5.50%, 01/01/2053 (Callable 01/01/2032) | &nbsp;&nbsp; 5.50%, 01/01/2053 (Callable 01/01/2032) | 1000000 | 1058450 |
|  Oklahoma Water Resources Board, 5.00%, 10/01/2051 (Callable 10/01/2032) | Oklahoma Water Resources Board, 5.00%, 10/01/2051 (Callable 10/01/2032) | 1750000 | 1811192 |
|  |  |  | 10265134 |
| **Oregon - 1.7%** | **Oregon - 1.7%** | **Oregon - 1.7%** | **Oregon - 1.7%** |
|  City of Portland OR Sewer System Revenue, 4.50%, 05/01/2032 (Callable 05/01/2026) | City of Portland OR Sewer System Revenue, 4.50%, 05/01/2032 (Callable 05/01/2026) | 750000 | 755818 |
|  City of Redmond OR, 5.50%, 06/01/2052 (Callable 06/01/2035) <sup>(b)</sup> | City of Redmond OR, 5.50%, 06/01/2052 (Callable 06/01/2035) <sup>(b)</sup> | 1000000 | 1056228 |
|  Coos County School District No 9 Coos Bay, 5.00%, 06/15/2043 (Callable 06/15/2028) | Coos County School District No 9 Coos Bay, 5.00%, 06/15/2043 (Callable 06/15/2028) | 1000000 | 1020321 |
|  Klamath County School District, 4.00%, 06/15/2037 (Callable 06/15/2027) | Klamath County School District, 4.00%, 06/15/2037 (Callable 06/15/2027) | 20000 | 20069 |
| Oregon Coast Community College District | Oregon Coast Community College District | Oregon Coast Community College District | Oregon Coast Community College District |
| &nbsp;&nbsp; 5.00%, 06/15/2044 (Callable 06/15/2034) | &nbsp;&nbsp; 5.00%, 06/15/2044 (Callable 06/15/2034) | 350000 | 372844 |
| &nbsp;&nbsp; 5.00%, 06/15/2045 (Callable 06/15/2034) | &nbsp;&nbsp; 5.00%, 06/15/2045 (Callable 06/15/2034) | 425000 | 451037 |
|  Oregon State Facilities Authority, 5.00%, 10/01/2032 (Callable 10/01/2026) | Oregon State Facilities Authority, 5.00%, 10/01/2032 (Callable 10/01/2026) | 1000000 | 1002980 |
|  Oregon State Lottery, 5.25%, 04/01/2044 (Callable 04/01/2035) | Oregon State Lottery, 5.25%, 04/01/2044 (Callable 04/01/2035) | 2000000 | 2187004 |
|  Port of Morrow OR, 5.15%, 10/01/2026 (Callable 10/22/2025) <sup>(c)</sup> | Port of Morrow OR, 5.15%, 10/01/2026 (Callable 10/22/2025) <sup>(c)</sup> | 1500000 | 1499982 |
|  Port of Portland OR Airport Revenue, 5.00%, 07/01/2029 (Callable 01/01/2027) <sup>(b)</sup> | Port of Portland OR Airport Revenue, 5.00%, 07/01/2029 (Callable 01/01/2027) <sup>(b)</sup> | 1000000 | 1022637 |
|  Salem Hospital Facility Authority, 5.00%, 05/15/2034 (Callable 05/15/2029) | Salem Hospital Facility Authority, 5.00%, 05/15/2034 (Callable 05/15/2029) | 50000 | 52826 |
| State of Oregon | State of Oregon | State of Oregon | State of Oregon |
| &nbsp;&nbsp; 5.25%, 05/01/2042 (Callable 05/01/2035) | &nbsp;&nbsp; 5.25%, 05/01/2042 (Callable 05/01/2035) | 500000 | 555101 |
| &nbsp;&nbsp; 5.25%, 05/01/2043 (Callable 05/01/2035) | &nbsp;&nbsp; 5.25%, 05/01/2043 (Callable 05/01/2035) | 300000 | 331093 |
| &nbsp;&nbsp; 5.25%, 05/01/2044 (Callable 05/01/2035) | &nbsp;&nbsp; 5.25%, 05/01/2044 (Callable 05/01/2035) | 275000 | 302034 |
| &nbsp;&nbsp; 5.25%, 05/01/2045 (Callable 05/01/2035) | &nbsp;&nbsp; 5.25%, 05/01/2045 (Callable 05/01/2035) | 250000 | 273224 |
|  |  |  | 10903198 |
| **Pennsylvania - 4.6%** | **Pennsylvania - 4.6%** | **Pennsylvania - 4.6%** | **Pennsylvania - 4.6%** |
|  Chester County Industrial Development Authority, 5.00%, 08/01/2035 (Callable 11/01/2025) | Chester County Industrial Development Authority, 5.00%, 08/01/2035 (Callable 11/01/2025) | 145000 | 144934 |
|  City of Hazleton PA, 5.00%, 09/15/2045 (Callable 09/15/2030) | City of Hazleton PA, 5.00%, 09/15/2045 (Callable 09/15/2030) | 2000000 | 2006937 |
| City of Philadelphia PA Airport Revenue | City of Philadelphia PA Airport Revenue | City of Philadelphia PA Airport Revenue | City of Philadelphia PA Airport Revenue |
| &nbsp;&nbsp; 5.00%, 07/01/2031 (Callable 07/01/2027) <sup>(b)</sup> | &nbsp;&nbsp; 5.00%, 07/01/2031 (Callable 07/01/2027) <sup>(b)</sup> | 750000 | 771517 |
| &nbsp;&nbsp; 5.00%, 07/01/2032 (Callable 07/01/2027) <sup>(b)</sup> | &nbsp;&nbsp; 5.00%, 07/01/2032 (Callable 07/01/2027) <sup>(b)</sup> | 750000 | 769948 |
|  City of Philadelphia PA Water & Wastewater Revenue, 5.25%, 09/01/2054 (Callable 09/01/2034) | City of Philadelphia PA Water & Wastewater Revenue, 5.25%, 09/01/2054 (Callable 09/01/2034) | 1000000 | 1060787 |
|  Delaware County Industrial Development Authority/PA, 4.38%, 06/01/2026 <sup>(c)</sup> | Delaware County Industrial Development Authority/PA, 4.38%, 06/01/2026 <sup>(c)</sup> | 180000 | 180495 |
|  Delaware County Regional Water Quality Control Authority, 5.00%, 11/01/2041 (Callable 11/01/2026) | Delaware County Regional Water Quality Control Authority, 5.00%, 11/01/2041 (Callable 11/01/2026) | 750000 | 756105 |
|  Delaware County Vocational & Technical School Authority, 4.00%, 11/01/2054 (Callable 11/01/2032) | Delaware County Vocational & Technical School Authority, 4.00%, 11/01/2054 (Callable 11/01/2032) | 1000000 | 912159 |
|  East Hempfield Township Industrial Development Authority, 5.00%, 12/01/2027 (Callable 12/01/2025) | East Hempfield Township Industrial Development Authority, 5.00%, 12/01/2027 (Callable 12/01/2025) | 400000 | 400523 |
|  Geisinger Authority, 5.00%, 02/15/2045 (Callable 02/15/2027) | Geisinger Authority, 5.00%, 02/15/2045 (Callable 02/15/2027) | 1000000 | 1007494 |
|  Hatboro-Horsham School District, 5.00%, 09/15/2045 (Callable 09/15/2032) | Hatboro-Horsham School District, 5.00%, 09/15/2045 (Callable 09/15/2032) | 2390000 | 2525281 |
|  Health Care Facilities Authority of Sayre, 3.63% (3 mo. Term SOFR + 0.83%), 12/01/2031 (Callable 11/01/2025) | Health Care Facilities Authority of Sayre, 3.63% (3 mo. Term SOFR + 0.83%), 12/01/2031 (Callable 11/01/2025) | 500000 | 496019 |
|  Hempfield School District, 2.00%, 04/15/2030 (Callable 04/15/2027) | Hempfield School District, 2.00%, 04/15/2030 (Callable 04/15/2027) | 150000 | 141806 |
|  Highlands School District, 5.00%, 04/15/2032 | Highlands School District, 5.00%, 04/15/2032 | 610000 | 673760 |
|  Lancaster County Hospital Authority/PA, 5.00%, 11/01/2040 (Callable 11/01/2029) | Lancaster County Hospital Authority/PA, 5.00%, 11/01/2040 (Callable 11/01/2029) | 275000 | 283395 |
|  Mckeesport Area School District, 0.00%, 10/01/2033 <sup>(e)</sup> | Mckeesport Area School District, 0.00%, 10/01/2033 <sup>(e)</sup> | 400000 | 289927 |
|  Montgomery County Industrial Development Authority/PA, 2.50%, 11/15/2029 (Callable 11/01/2025) <sup>(a)</sup> | Montgomery County Industrial Development Authority/PA, 2.50%, 11/15/2029 (Callable 11/01/2025) <sup>(a)</sup> | 2000000 | 2000000 |
| Pennsylvania Economic Development Financing Authority | Pennsylvania Economic Development Financing Authority | Pennsylvania Economic Development Financing Authority | Pennsylvania Economic Development Financing Authority |
| &nbsp;&nbsp; 5.00%, 12/31/2029 (Callable 06/30/2026) <sup>(b)</sup> | &nbsp;&nbsp; 5.00%, 12/31/2029 (Callable 06/30/2026) <sup>(b)</sup> | 1000000 | 1011358 |
| &nbsp;&nbsp; 5.00%, 06/30/2042 (Callable 06/30/2026) <sup>(b)</sup> | &nbsp;&nbsp; 5.00%, 06/30/2042 (Callable 06/30/2026) <sup>(b)</sup> | 425000 | 425530 |
| &nbsp;&nbsp; 5.00%, 03/15/2060 (Callable 09/15/2031) <sup>(a)</sup> | &nbsp;&nbsp; 5.00%, 03/15/2060 (Callable 09/15/2031) <sup>(a)</sup> | 1000000 | 1099933 |
|  Pennsylvania Economic Development Financing Authority Parking System Revenue, 0.00%, 01/01/2039 <sup>(e)</sup> | Pennsylvania Economic Development Financing Authority Parking System Revenue, 0.00%, 01/01/2039 <sup>(e)</sup> | 140000 | 76880 |
|  Pennsylvania Higher Education Assistance Agency, 4.13%, 06/01/2045 (Callable 06/01/2033) <sup>(b)</sup> | Pennsylvania Higher Education Assistance Agency, 4.13%, 06/01/2045 (Callable 06/01/2033) <sup>(b)</sup> | 870000 | 847515 |
|  Pennsylvania Higher Educational Facilities Authority, 5.00%, 07/01/2035 (Callable 07/01/2026) | Pennsylvania Higher Educational Facilities Authority, 5.00%, 07/01/2035 (Callable 07/01/2026) | 150000 | 145575 |
| Pennsylvania Turnpike Commission | Pennsylvania Turnpike Commission | Pennsylvania Turnpike Commission | Pennsylvania Turnpike Commission |
| &nbsp;&nbsp; 5.13%, 12/01/2039 (Callable 06/01/2029) | &nbsp;&nbsp; 5.13%, 12/01/2039 (Callable 06/01/2029) | 50000 | 52488 |
| &nbsp;&nbsp; 5.13%, 12/01/2040 (Callable 06/01/2029) | &nbsp;&nbsp; 5.13%, 12/01/2040 (Callable 06/01/2029) | 125000 | 129970 |
| &nbsp;&nbsp; 0.00%, 12/01/2041 (Callable 12/01/2035) <sup>(e)</sup> | &nbsp;&nbsp; 0.00%, 12/01/2041 (Callable 12/01/2035) <sup>(e)</sup> | 1605000 | 1525806 |
|  Pennsylvania Turnpike Commission Oil Franchise Tax Revenue, 5.25%, 12/01/2044 (Callable 12/01/2028) | Pennsylvania Turnpike Commission Oil Franchise Tax Revenue, 5.25%, 12/01/2044 (Callable 12/01/2028) | 1200000 | 1221475 |
| Philadelphia Authority for Industrial Development | Philadelphia Authority for Industrial Development | Philadelphia Authority for Industrial Development | Philadelphia Authority for Industrial Development |
| &nbsp;&nbsp; 5.00%, 06/15/2032 (Callable 06/15/2030) | &nbsp;&nbsp; 5.00%, 06/15/2032 (Callable 06/15/2030) | 485000 | 501774 |
| &nbsp;&nbsp; 5.25%, 11/01/2052 (Callable 11/01/2032) | &nbsp;&nbsp; 5.25%, 11/01/2052 (Callable 11/01/2032) | 250000 | 256610 |
|  Ridley School District, 5.00%, 11/15/2050 (Callable 05/15/2032) | Ridley School District, 5.00%, 11/15/2050 (Callable 05/15/2032) | 1500000 | 1527234 |
| State Public School Building Authority | State Public School Building Authority | State Public School Building Authority | State Public School Building Authority |
| &nbsp;&nbsp; 5.00%, 12/01/2029 (Callable 12/01/2026) | &nbsp;&nbsp; 5.00%, 12/01/2029 (Callable 12/01/2026) | 925000 | 947177 |
| &nbsp;&nbsp; 0.00%, 05/15/2030 <sup>(e)</sup> | &nbsp;&nbsp; 0.00%, 05/15/2030 <sup>(e)</sup> | 200000 | 173362 |
| &nbsp;&nbsp; 5.00%, 06/01/2032 (Callable 12/01/2026) | &nbsp;&nbsp; 5.00%, 06/01/2032 (Callable 12/01/2026) | 1500000 | 1530409 |
| &nbsp;&nbsp; 5.00%, 06/01/2033 (Callable 12/01/2026) | &nbsp;&nbsp; 5.00%, 06/01/2033 (Callable 12/01/2026) | 1500000 | 1527988 |
|  Steelton-Highspire School District, 5.13%, 06/30/2026 | Steelton-Highspire School District, 5.13%, 06/30/2026 | 1000000 | 1003320 |
|  Tulpehocken Area School District, 5.25%, 10/01/2049 (Callable 10/01/2031) | Tulpehocken Area School District, 5.25%, 10/01/2049 (Callable 10/01/2031) | 500000 | 515981 |
|  |  |  | 28941472 |
| **Rhode Island - 0.2%** | **Rhode Island - 0.2%** | **Rhode Island - 0.2%** | **Rhode Island - 0.2%** |
|  Providence Redevelopment Agency, 5.00%, 04/01/2027 (Callable 11/01/2025) | Providence Redevelopment Agency, 5.00%, 04/01/2027 (Callable 11/01/2025) | 410000 | 410310 |
|  Rhode Island Student Loan Authority, 5.00%, 12/01/2032 <sup>(b)</sup> | Rhode Island Student Loan Authority, 5.00%, 12/01/2032 <sup>(b)</sup> | 1000000 | 1073111 |
|  |  |  | 1483421 |
| **South Carolina - 2.4%** | **South Carolina - 2.4%** | **South Carolina - 2.4%** | **South Carolina - 2.4%** |
|  Charleston County Airport District, 5.00%, 07/01/2043 (Callable 07/01/2029) | Charleston County Airport District, 5.00%, 07/01/2043 (Callable 07/01/2029) | 2000000 | 2049375 |
|  Charleston Housing Authority/SC, 5.00%, 09/01/2035 (Callable 09/01/2032) | Charleston Housing Authority/SC, 5.00%, 09/01/2035 (Callable 09/01/2032) | 1500000 | 1563822 |
|  Greater Greenville Sanitation District, 4.25%, 03/01/2055 (Callable 03/01/2035) | Greater Greenville Sanitation District, 4.25%, 03/01/2055 (Callable 03/01/2035) | 1000000 | 937952 |
|  Greenville-Spartanburg Airport District, 5.25%, 07/01/2054 (Callable 07/01/2034) | Greenville-Spartanburg Airport District, 5.25%, 07/01/2054 (Callable 07/01/2034) | 1000000 | 1048122 |
|  Scago Educational Facilities Corp. for Spartanburg School District No 1, 3.38%, 06/01/2030 (Callable 11/01/2025) | Scago Educational Facilities Corp. for Spartanburg School District No 1, 3.38%, 06/01/2030 (Callable 11/01/2025) | 100000 | 99699 |
| South Carolina Jobs-Economic Development Authority | South Carolina Jobs-Economic Development Authority | South Carolina Jobs-Economic Development Authority | South Carolina Jobs-Economic Development Authority |
| &nbsp;&nbsp; 5.25%, 11/15/2028 (Callable 11/01/2025) | &nbsp;&nbsp; 5.25%, 11/15/2028 (Callable 11/01/2025) | 600000 | 600622 |
| &nbsp;&nbsp; 4.00%, 08/15/2030 (Callable 08/15/2026) | &nbsp;&nbsp; 4.00%, 08/15/2030 (Callable 08/15/2026) | 140000 | 140458 |
| &nbsp;&nbsp; 4.00%, 03/15/2032 (Callable 03/15/2031) | &nbsp;&nbsp; 4.00%, 03/15/2032 (Callable 03/15/2031) | 75000 | 68063 |
| &nbsp;&nbsp; 5.25%, 08/15/2033 (Callable 08/15/2026) | &nbsp;&nbsp; 5.25%, 08/15/2033 (Callable 08/15/2026) | 150000 | 151821 |
| &nbsp;&nbsp; 2.50%, 03/15/2051 (Callable 03/15/2031) | &nbsp;&nbsp; 2.50%, 03/15/2051 (Callable 03/15/2031) | 2005000 | 1010989 |
|  South Carolina Ports Authority, 5.00%, 07/01/2036 (Callable 07/01/2028) <sup>(b)</sup> | South Carolina Ports Authority, 5.00%, 07/01/2036 (Callable 07/01/2028) <sup>(b)</sup> | 1455000 | 1503188 |
| South Carolina Public Service Authority | South Carolina Public Service Authority | South Carolina Public Service Authority | South Carolina Public Service Authority |
| &nbsp;&nbsp; 5.00%, 12/01/2032 (Callable 06/01/2026) | &nbsp;&nbsp; 5.00%, 12/01/2032 (Callable 06/01/2026) | 1000000 | 1013258 |
| &nbsp;&nbsp; 5.50%, 12/01/2054 (Callable 12/01/2034) | &nbsp;&nbsp; 5.50%, 12/01/2054 (Callable 12/01/2034) | 1500000 | 1594707 |
|  South Carolina Transportation Infrastructure Bank, 5.00%, 10/01/2036 (Callable 10/01/2027) | South Carolina Transportation Infrastructure Bank, 5.00%, 10/01/2036 (Callable 10/01/2027) | 1205000 | 1246391 |
|  Spartanburg County School District No 4/SC, 5.25%, 03/01/2052 (Callable 03/01/2032) | Spartanburg County School District No 4/SC, 5.25%, 03/01/2052 (Callable 03/01/2032) | 1000000 | 1049520 |
|  Three Rivers Solid Waste Authority/SC, 0.00%, 10/01/2025 <sup>(e)</sup> | Three Rivers Solid Waste Authority/SC, 0.00%, 10/01/2025 <sup>(e)</sup> | 750000 | 750000 |
|  |  |  | 14827987 |
| **South Dakota - 0.8%** | **South Dakota - 0.8%** | **South Dakota - 0.8%** | **South Dakota - 0.8%** |
| City of Rapid City SD Airport Revenue | City of Rapid City SD Airport Revenue | City of Rapid City SD Airport Revenue | City of Rapid City SD Airport Revenue |
| &nbsp;&nbsp; 5.00%, 12/01/2026 | &nbsp;&nbsp; 5.00%, 12/01/2026 | 220000 | 223211 |
| &nbsp;&nbsp; 4.00%, 12/01/2035 (Callable 12/01/2029) | &nbsp;&nbsp; 4.00%, 12/01/2035 (Callable 12/01/2029) | 125000 | 120254 |
| South Dakota Health & Educational Facilities Authority | South Dakota Health & Educational Facilities Authority | South Dakota Health & Educational Facilities Authority | South Dakota Health & Educational Facilities Authority |
| &nbsp;&nbsp; 4.00%, 11/01/2034 (Callable 11/01/2025) | &nbsp;&nbsp; 4.00%, 11/01/2034 (Callable 11/01/2025) | 580000 | 580102 |
| &nbsp;&nbsp; 5.00%, 11/01/2051 (Callable 11/01/2031) <sup>(a)</sup> | &nbsp;&nbsp; 5.00%, 11/01/2051 (Callable 11/01/2031) <sup>(a)</sup> | 1000000 | 1101214 |
|  South Dakota Housing Development Authority, 6.25%, 05/01/2056 | South Dakota Housing Development Authority, 6.25%, 05/01/2056 | 2500000 | 2856700 |
|  |  |  | 4881481 |
| **Tennessee - 1.5%** | **Tennessee - 1.5%** | **Tennessee - 1.5%** | **Tennessee - 1.5%** |
| Chattanooga Health Educational & Housing Facility Board | Chattanooga Health Educational & Housing Facility Board | Chattanooga Health Educational & Housing Facility Board | Chattanooga Health Educational & Housing Facility Board |
| &nbsp;&nbsp; 5.00%, 08/01/2033 (Callable 08/01/2029) | &nbsp;&nbsp; 5.00%, 08/01/2033 (Callable 08/01/2029) | 250000 | 264273 |
| &nbsp;&nbsp; 3.25%, 08/01/2044 (Callable 08/01/2029) | &nbsp;&nbsp; 3.25%, 08/01/2044 (Callable 08/01/2029) | 870000 | 707530 |
|  Hamilton County & Chattanooga Sports Authority, 6.00%, 12/01/2055 (Callable 12/01/2034) | Hamilton County & Chattanooga Sports Authority, 6.00%, 12/01/2055 (Callable 12/01/2034) | 1000000 | 1126994 |
| Metropolitan Government Nashville & Davidson County Health & Educational Facs Bd | Metropolitan Government Nashville & Davidson County Health & Educational Facs Bd | Metropolitan Government Nashville & Davidson County Health & Educational Facs Bd | Metropolitan Government Nashville & Davidson County Health & Educational Facs Bd |
| &nbsp;&nbsp; 5.00%, 07/01/2040 (Callable 07/01/2026) | &nbsp;&nbsp; 5.00%, 07/01/2040 (Callable 07/01/2026) | 1475000 | 1481279 |
| &nbsp;&nbsp; 5.25%, 05/01/2048 (Callable 05/01/2033) | &nbsp;&nbsp; 5.25%, 05/01/2048 (Callable 05/01/2033) | 700000 | 721449 |
|  Metropolitan Government Nashville & Davidson County Sports Authority, 5.00%, 07/01/2037 (Callable 01/01/2034) | Metropolitan Government Nashville & Davidson County Sports Authority, 5.00%, 07/01/2037 (Callable 01/01/2034) | 500000 | 556640 |
|  New Memphis Arena Public Building Authority, 0.00%, 04/01/2030 <sup>(e)</sup> | New Memphis Arena Public Building Authority, 0.00%, 04/01/2030 <sup>(e)</sup> | 480000 | 475882 |
| Shelby County Health Educational & Housing Facilities Board | Shelby County Health Educational & Housing Facilities Board | Shelby County Health Educational & Housing Facilities Board | Shelby County Health Educational & Housing Facilities Board |
| &nbsp;&nbsp; 5.00%, 05/01/2035 (Callable 05/01/2027) | &nbsp;&nbsp; 5.00%, 05/01/2035 (Callable 05/01/2027) | 750000 | 763576 |
| &nbsp;&nbsp; 5.00%, 06/01/2035 | &nbsp;&nbsp; 5.00%, 06/01/2035 | 1000000 | 1104978 |
|  Tennergy Corp./TN, 5.50%, 10/01/2053 (Callable 09/01/2030) <sup>(a)</sup> | Tennergy Corp./TN, 5.50%, 10/01/2053 (Callable 09/01/2030) <sup>(a)</sup> | 400000 | 431689 |
|  Tennessee Energy Acquisition Corp., 5.00%, 12/01/2035 (Callable 09/01/2035) | Tennessee Energy Acquisition Corp., 5.00%, 12/01/2035 (Callable 09/01/2035) | 1300000 | 1405930 |
|  Tennessee Housing Development Agency, 3.85%, 07/01/2043 (Callable 07/01/2027) | Tennessee Housing Development Agency, 3.85%, 07/01/2043 (Callable 07/01/2027) | 220000 | 203710 |
|  |  |  | 9243930 |
| **Texas - 12.9%** | **Texas - 12.9%** | **Texas - 12.9%** | **Texas - 12.9%** |
|  Argyle Independent School District, 5.25%, 08/15/2041 (Callable 08/15/2035) | Argyle Independent School District, 5.25%, 08/15/2041 (Callable 08/15/2035) | 885000 | 979735 |
| Arlington Higher Education Finance Corp. | Arlington Higher Education Finance Corp. | Arlington Higher Education Finance Corp. | Arlington Higher Education Finance Corp. |
| &nbsp;&nbsp; 4.00%, 08/15/2036 (Callable 08/15/2031) | &nbsp;&nbsp; 4.00%, 08/15/2036 (Callable 08/15/2031) | 440000 | 448312 |
| &nbsp;&nbsp; 2.13%, 08/15/2045 (Callable 08/15/2030) | &nbsp;&nbsp; 2.13%, 08/15/2045 (Callable 08/15/2030) | 750000 | 489033 |
| &nbsp;&nbsp; 2.25%, 08/15/2046 (Callable 08/15/2031) | &nbsp;&nbsp; 2.25%, 08/15/2046 (Callable 08/15/2031) | 1500000 | 981324 |
|  Arlington Housing Finance Corp., 4.50%, 04/01/2041 (Callable 04/01/2026) <sup>(a)</sup> | Arlington Housing Finance Corp., 4.50%, 04/01/2041 (Callable 04/01/2026) <sup>(a)</sup> | 1815000 | 1828515 |
|  Aubrey Independent School District, 5.00%, 02/15/2040 (Callable 02/15/2035) | Aubrey Independent School District, 5.00%, 02/15/2040 (Callable 02/15/2035) | 645000 | 693522 |
|  Austin Independent School District, 5.00%, 08/01/2048 (Callable 02/01/2029) | Austin Independent School District, 5.00%, 08/01/2048 (Callable 02/01/2029) | 1500000 | 1534255 |
|  Austin-Bergstrom Landhost Enterprises, Inc., 5.00%, 10/01/2035 (Callable 10/01/2027) | Austin-Bergstrom Landhost Enterprises, Inc., 5.00%, 10/01/2035 (Callable 10/01/2027) | 100000 | 101827 |
|  Bells Independent School District, 5.00%, 02/15/2041 (Callable 08/15/2033) | Bells Independent School District, 5.00%, 02/15/2041 (Callable 08/15/2033) | 690000 | 738658 |
|  Brazoria County Toll Road Authority, 4.00%, 03/01/2038 (Callable 03/01/2030) | Brazoria County Toll Road Authority, 4.00%, 03/01/2038 (Callable 03/01/2030) | 130000 | 130921 |
|  Brazos Higher Education Authority, Inc., 2.35%, 04/01/2040 (Callable 04/01/2030) <sup>(b)</sup> | Brazos Higher Education Authority, Inc., 2.35%, 04/01/2040 (Callable 04/01/2030) <sup>(b)</sup> | 5000 | 4951 |
|  Brookfield Water Control & Improvement District, 4.00%, 09/01/2049 (Callable 09/01/2030) | Brookfield Water Control & Improvement District, 4.00%, 09/01/2049 (Callable 09/01/2030) | 1000000 | 879135 |
|  Brushy Creek Regional Utility Authority, Inc., 4.00%, 08/01/2031 (Callable 08/01/2026) | Brushy Creek Regional Utility Authority, Inc., 4.00%, 08/01/2031 (Callable 08/01/2026) | 400000 | 402624 |
|  Cedar Port Navigation & Improvement District, 2.38%, 09/01/2041 (Callable 11/01/2025) | Cedar Port Navigation & Improvement District, 2.38%, 09/01/2041 (Callable 11/01/2025) | 1000000 | 688970 |
| City of Austin TX Airport System Revenue | City of Austin TX Airport System Revenue | City of Austin TX Airport System Revenue | City of Austin TX Airport System Revenue |
| &nbsp;&nbsp; 5.00%, 11/15/2034 (Callable 11/15/2026) <sup>(b)</sup> | &nbsp;&nbsp; 5.00%, 11/15/2034 (Callable 11/15/2026) <sup>(b)</sup> | 1000000 | 1012304 |
| &nbsp;&nbsp; 5.00%, 11/15/2041 (Callable 11/15/2026) <sup>(b)</sup> | &nbsp;&nbsp; 5.00%, 11/15/2041 (Callable 11/15/2026) <sup>(b)</sup> | 500000 | 501732 |
|  City of Fort Worth TX, 5.50%, 03/01/2043 (Callable 03/01/2035) | City of Fort Worth TX, 5.50%, 03/01/2043 (Callable 03/01/2035) | 1250000 | 1356981 |
|  City of Godley TX, 5.00%, 08/15/2036 (Callable 08/15/2034) | City of Godley TX, 5.00%, 08/15/2036 (Callable 08/15/2034) | 1560000 | 1721291 |
|  City of Greenville TX Electric System Revenue, 5.25%, 02/15/2049 (Callable 08/15/2032) | City of Greenville TX Electric System Revenue, 5.25%, 02/15/2049 (Callable 08/15/2032) | 1000000 | 1040045 |
| City of Kyle TX | City of Kyle TX | City of Kyle TX | City of Kyle TX |
| &nbsp;&nbsp; 5.00%, 08/15/2042 (Callable 08/15/2034) | &nbsp;&nbsp; 5.00%, 08/15/2042 (Callable 08/15/2034) | 725000 | 763264 |
| &nbsp;&nbsp; 5.00%, 08/15/2045 (Callable 08/15/2034) | &nbsp;&nbsp; 5.00%, 08/15/2045 (Callable 08/15/2034) | 500000 | 520941 |
|  City of Magnolia TX, 5.70%, 09/01/2046 <sup>(c)</sup> | City of Magnolia TX, 5.70%, 09/01/2046 <sup>(c)</sup> | 45000 | 44511 |
|  City of Mount Pleasant TX, 5.00%, 05/15/2042 (Callable 05/15/2034) | City of Mount Pleasant TX, 5.00%, 05/15/2042 (Callable 05/15/2034) | 2085000 | 2183128 |
|  City of Texas City TX, 5.00%, 02/15/2043 (Callable 02/15/2035) | City of Texas City TX, 5.00%, 02/15/2043 (Callable 02/15/2035) | 3000000 | 3145918 |
|  Collin County Municipal Utility District No 2, 5.00%, 09/01/2038 (Callable 10/01/2029) | Collin County Municipal Utility District No 2, 5.00%, 09/01/2038 (Callable 10/01/2029) | 1000000 | 1036720 |
|  Community Independent School District/TX, 5.00%, 02/15/2055 (Callable 02/15/2035) | Community Independent School District/TX, 5.00%, 02/15/2055 (Callable 02/15/2035) | 625000 | 646652 |
|  Conroe Municipal Utility District No 1, 2.25%, 09/01/2035 (Callable 09/01/2027) | Conroe Municipal Utility District No 1, 2.25%, 09/01/2035 (Callable 09/01/2027) | 620000 | 489077 |
|  Dalhart Independent School District, 5.00%, 02/15/2041 (Callable 02/15/2032) | Dalhart Independent School District, 5.00%, 02/15/2041 (Callable 02/15/2032) | 1000000 | 1056962 |
|  Dallas Fort Worth International Airport, 5.00%, 11/01/2050 (Callable 08/01/2032) <sup>(a)(b)</sup> | Dallas Fort Worth International Airport, 5.00%, 11/01/2050 (Callable 08/01/2032) <sup>(a)(b)</sup> | 2100000 | 2269241 |
|  Denton Independent School District, 4.00%, 08/15/2055 <sup>(a)</sup> | Denton Independent School District, 4.00%, 08/15/2055 <sup>(a)</sup> | 1000000 | 1065954 |
|  EP Cimarron Ventanas PFC, 4.13%, 12/01/2039 (Callable 12/01/2034) | EP Cimarron Ventanas PFC, 4.13%, 12/01/2039 (Callable 12/01/2034) | 1500000 | 1463582 |
|  Far North Fort Worth Municipal Utility District No 1, 4.00%, 09/01/2037 (Callable 10/01/2029) | Far North Fort Worth Municipal Utility District No 1, 4.00%, 09/01/2037 (Callable 10/01/2029) | 350000 | 344483 |
|  Fort Bend County Municipal Utility District No 142, 2.00%, 09/01/2037 (Callable 09/01/2026) | Fort Bend County Municipal Utility District No 142, 2.00%, 09/01/2037 (Callable 09/01/2026) | 220000 | 166151 |
|  Fort Bend Independent School District, 4.00%, 08/01/2054 <sup>(a)</sup> | Fort Bend Independent School District, 4.00%, 08/01/2054 <sup>(a)</sup> | 1000000 | 1023348 |
|  Freddie Mac Multifamily ML Certificates, 4.00%, 01/25/2040 <sup>(a)</sup> | Freddie Mac Multifamily ML Certificates, 4.00%, 01/25/2040 <sup>(a)</sup> | 488817 | 479959 |
| Fulshear Municipal Utility District No 3A | Fulshear Municipal Utility District No 3A | Fulshear Municipal Utility District No 3A | Fulshear Municipal Utility District No 3A |
| &nbsp;&nbsp; 4.00%, 09/01/2038 (Callable 09/01/2030) | &nbsp;&nbsp; 4.00%, 09/01/2038 (Callable 09/01/2030) | 795000 | 783341 |
| &nbsp;&nbsp; 4.00%, 09/01/2039 (Callable 09/01/2030) | &nbsp;&nbsp; 4.00%, 09/01/2039 (Callable 09/01/2030) | 1030000 | 1003405 |
|  FW Chaparral PFC, 4.00%, 10/01/2035 (Callable 10/01/2032) | FW Chaparral PFC, 4.00%, 10/01/2035 (Callable 10/01/2032) | 2000000 | 1959733 |
|  Galveston County Municipal Utility District No 36, 6.50%, 09/01/2034 (Callable 09/01/2031) | Galveston County Municipal Utility District No 36, 6.50%, 09/01/2034 (Callable 09/01/2031) | 195000 | 225513 |
|  Grand Parkway Transportation Corp., 5.75%, 10/01/2044 (Callable 10/01/2028) | Grand Parkway Transportation Corp., 5.75%, 10/01/2044 (Callable 10/01/2028) | 2500000 | 2640307 |
|  Harris County Cultural Education Facilities Finance Corp., 5.00%, 11/15/2054 (Callable 02/15/2032) <sup>(a)</sup> | Harris County Cultural Education Facilities Finance Corp., 5.00%, 11/15/2054 (Callable 02/15/2032) <sup>(a)</sup> | 2800000 | 3049841 |
|  Harris County Hospital District, 2.93%, 02/15/2042 (Callable 10/01/2025) <sup>(a)</sup> | Harris County Hospital District, 2.93%, 02/15/2042 (Callable 10/01/2025) <sup>(a)</sup> | 1185000 | 1185000 |
|  Harris County Municipal Utility District No 285, 2.00%, 09/01/2033 (Callable 09/01/2026) | Harris County Municipal Utility District No 285, 2.00%, 09/01/2033 (Callable 09/01/2026) | 160000 | 137976 |
|  Harris County-Houston Sports Authority, 0.00%, 11/15/2025 <sup>(e)</sup> | Harris County-Houston Sports Authority, 0.00%, 11/15/2025 <sup>(e)</sup> | 500000 | 498100 |
|  Houston Higher Education Finance Corp., 3.38%, 10/01/2037 (Callable 11/01/2025) | Houston Higher Education Finance Corp., 3.38%, 10/01/2037 (Callable 11/01/2025) | 200000 | 173590 |
|  Huffman Independent School District, 5.25%, 02/15/2040 (Callable 02/15/2035) | Huffman Independent School District, 5.25%, 02/15/2040 (Callable 02/15/2035) | 620000 | 685268 |
|  Kendall County Water Control & Improvement District No 2A, 5.00%, 09/01/2046 (Callable 11/01/2030) | Kendall County Water Control & Improvement District No 2A, 5.00%, 09/01/2046 (Callable 11/01/2030) | 510000 | 517836 |
|  La Feria Independent School District/TX, 5.25%, 02/15/2055 (Callable 02/15/2035) | La Feria Independent School District/TX, 5.25%, 02/15/2055 (Callable 02/15/2035) | 2000000 | 2122786 |
|  Lower Colorado River Authority, 5.00%, 05/15/2039 (Callable 05/15/2027) | Lower Colorado River Authority, 5.00%, 05/15/2039 (Callable 05/15/2027) | 1000000 | 1015345 |
|  Matagorda County Navigation District No 1, 4.55%, 05/01/2030 <sup>(b)</sup> | Matagorda County Navigation District No 1, 4.55%, 05/01/2030 <sup>(b)</sup> | 1000000 | 1048203 |
|  Mckinney Municipal Utility District No 1, 3.38%, 09/01/2034 (Callable 05/01/2030) | Mckinney Municipal Utility District No 1, 3.38%, 09/01/2034 (Callable 05/01/2030) | 260000 | 256458 |
|  Montgomery County Municipal Utility District No 88, 4.25%, 09/01/2047 (Callable 09/01/2029) | Montgomery County Municipal Utility District No 88, 4.25%, 09/01/2047 (Callable 09/01/2029) | 500000 | 465615 |
|  New Caney Independent School District, 4.00%, 02/15/2050 <sup>(a)</sup> | New Caney Independent School District, 4.00%, 02/15/2050 <sup>(a)</sup> | 500000 | 511954 |
|  New Hope Cultural Education Facilities Finance Corp., 4.63%, 10/01/2030 (Callable 10/01/2026) | New Hope Cultural Education Facilities Finance Corp., 4.63%, 10/01/2030 (Callable 10/01/2026) | 500000 | 503202 |
|  North Central Texas Health Facility Development Corp., 5.75%, 06/01/2026 | North Central Texas Health Facility Development Corp., 5.75%, 06/01/2026 | 175000 | 178558 |
| North Texas Tollway Authority | North Texas Tollway Authority | North Texas Tollway Authority | North Texas Tollway Authority |
| &nbsp;&nbsp; 0.00%, 01/01/2035 <sup>(e)</sup> | &nbsp;&nbsp; 0.00%, 01/01/2035 <sup>(e)</sup> | 600000 | 432188 |
| &nbsp;&nbsp; 0.00%, 01/01/2036 <sup>(e)</sup> | &nbsp;&nbsp; 0.00%, 01/01/2036 <sup>(e)</sup> | 335000 | 229664 |
| &nbsp;&nbsp; 0.00%, 01/01/2037 <sup>(e)</sup> | &nbsp;&nbsp; 0.00%, 01/01/2037 <sup>(e)</sup> | 1050000 | 683686 |
|  Northeast Harris County Municipal Utility District No 1, 3.00%, 09/01/2050 (Callable 11/01/2025) | Northeast Harris County Municipal Utility District No 1, 3.00%, 09/01/2050 (Callable 11/01/2025) | 2335000 | 1628047 |
|  Northwest Harris County Municipal Utility District No 5/TX, 2.50%, 05/01/2028 (Callable 11/01/2025) | Northwest Harris County Municipal Utility District No 5/TX, 2.50%, 05/01/2028 (Callable 11/01/2025) | 350000 | 346010 |
|  Pecos Barstow Toyah Independent School District, 5.00%, 02/15/2042 (Callable 02/15/2026) | Pecos Barstow Toyah Independent School District, 5.00%, 02/15/2042 (Callable 02/15/2026) | 1000000 | 1008532 |
| Port of Port Arthur Navigation District | Port of Port Arthur Navigation District | Port of Port Arthur Navigation District | Port of Port Arthur Navigation District |
| &nbsp;&nbsp; 2.65%, 04/01/2040 (Callable 10/01/2025) <sup>(a)</sup> | &nbsp;&nbsp; 2.65%, 04/01/2040 (Callable 10/01/2025) <sup>(a)</sup> | 500000 | 500000 |
| &nbsp;&nbsp; 2.95%, 11/01/2040 (Callable 10/01/2025) <sup>(a)</sup> | &nbsp;&nbsp; 2.95%, 11/01/2040 (Callable 10/01/2025) <sup>(a)</sup> | 5000000 | 5000000 |
|  Rio Grande City Consolidated Independent School District, 3.00%, 08/15/2034 (Callable 08/15/2030) | Rio Grande City Consolidated Independent School District, 3.00%, 08/15/2034 (Callable 08/15/2030) | 250000 | 240952 |
|  San Angelo Independent School District, 5.00%, 02/15/2040 (Callable 02/15/2035) | San Angelo Independent School District, 5.00%, 02/15/2040 (Callable 02/15/2035) | 2000000 | 2183094 |
|  San Antonio Water System, 5.25%, 05/15/2052 (Callable 05/15/2032) | San Antonio Water System, 5.25%, 05/15/2052 (Callable 05/15/2032) | 1000000 | 1046447 |
|  State of Texas, 5.00%, 08/01/2041 (Callable 08/01/2035) <sup>(b)</sup> | State of Texas, 5.00%, 08/01/2041 (Callable 08/01/2035) <sup>(b)</sup> | 1000000 | 1042981 |
| Tarrant County Cultural Education Facilities Finance Corp. | Tarrant County Cultural Education Facilities Finance Corp. | Tarrant County Cultural Education Facilities Finance Corp. | Tarrant County Cultural Education Facilities Finance Corp. |
| &nbsp;&nbsp; 2.25%, 11/15/2025 | &nbsp;&nbsp; 2.25%, 11/15/2025 | 150000 | 149657 |
| &nbsp;&nbsp; 5.00%, 11/15/2027 (Callable 11/15/2026) | &nbsp;&nbsp; 5.00%, 11/15/2027 (Callable 11/15/2026) | 510000 | 517137 |
| &nbsp;&nbsp; 5.00%, 07/01/2043 (Callable 01/01/2029) | &nbsp;&nbsp; 5.00%, 07/01/2043 (Callable 01/01/2029) | 1500000 | 1527408 |
|  Tarrant County Hospital District, 4.00%, 08/15/2043 (Callable 08/15/2032) | Tarrant County Hospital District, 4.00%, 08/15/2043 (Callable 08/15/2032) | 250000 | 237313 |
|  Texas Department of Housing & Community Affairs, 3.75%, 09/01/2049 (Callable 09/01/2028) | Texas Department of Housing & Community Affairs, 3.75%, 09/01/2049 (Callable 09/01/2028) | 655000 | 579866 |
|  Texas Municipal Gas Acquisition & Supply Corp. IV, 5.50%, 01/01/2054 (Callable 07/01/2033) <sup>(a)</sup> | Texas Municipal Gas Acquisition & Supply Corp. IV, 5.50%, 01/01/2054 (Callable 07/01/2033) <sup>(a)</sup> | 1000000 | 1100760 |
|  Texas Municipal Gas Acquisition & Supply Corp. V, 5.00%, 01/01/2055 (Callable 07/01/2033) <sup>(a)</sup> | Texas Municipal Gas Acquisition & Supply Corp. V, 5.00%, 01/01/2055 (Callable 07/01/2033) <sup>(a)</sup> | 1000000 | 1092247 |
|  Texas Municipal Gas Acquisition and Supply Corp. I, 6.25%, 12/15/2026 | Texas Municipal Gas Acquisition and Supply Corp. I, 6.25%, 12/15/2026 | 35000 | 35740 |
|  Texas Municipal Gas Acquisition and Supply Corp. II, 3.75% (3 mo. Term SOFR + 1.05%), 09/15/2027 | Texas Municipal Gas Acquisition and Supply Corp. II, 3.75% (3 mo. Term SOFR + 1.05%), 09/15/2027 | 105000 | 105315 |
| Texas Public Finance Authority | Texas Public Finance Authority | Texas Public Finance Authority | Texas Public Finance Authority |
| &nbsp;&nbsp; 5.25%, 05/01/2041 (Callable 05/01/2033) | &nbsp;&nbsp; 5.25%, 05/01/2041 (Callable 05/01/2033) | 500000 | 524895 |
| &nbsp;&nbsp; 5.25%, 05/01/2042 (Callable 05/01/2033) | &nbsp;&nbsp; 5.25%, 05/01/2042 (Callable 05/01/2033) | 750000 | 781518 |
|  Texas State Affordable Housing Corp., 6.00%, 09/01/2054 (Callable 03/01/2034) | Texas State Affordable Housing Corp., 6.00%, 09/01/2054 (Callable 03/01/2034) | 955000 | 1052725 |
|  Texas State University System, 5.25%, 03/15/2054 (Callable 03/15/2034) | Texas State University System, 5.25%, 03/15/2054 (Callable 03/15/2034) | 2000000 | 2095258 |
|  Texas Water Development Board, 4.88%, 10/15/2048 (Callable 10/15/2033) | Texas Water Development Board, 4.88%, 10/15/2048 (Callable 10/15/2033) | 1500000 | 1548877 |
|  University of Houston, 2.00%, 02/15/2032 (Callable 02/15/2030) | University of Houston, 2.00%, 02/15/2032 (Callable 02/15/2030) | 2000000 | 1812629 |
|  Venus Independent School District, 5.25%, 08/15/2039 (Callable 08/15/2035) | Venus Independent School District, 5.25%, 08/15/2039 (Callable 08/15/2035) | 780000 | 875679 |
| Viridian Municipal Management District | Viridian Municipal Management District | Viridian Municipal Management District | Viridian Municipal Management District |
| &nbsp;&nbsp; 5.00%, 12/01/2037 (Callable 12/01/2029) | &nbsp;&nbsp; 5.00%, 12/01/2037 (Callable 12/01/2029) | 150000 | 156082 |
| &nbsp;&nbsp; 5.00%, 12/01/2045 (Callable 12/01/2029) | &nbsp;&nbsp; 5.00%, 12/01/2045 (Callable 12/01/2029) | 200000 | 202734 |
| &nbsp;&nbsp; 6.25%, 12/01/2049 (Callable 12/01/2029) | &nbsp;&nbsp; 6.25%, 12/01/2049 (Callable 12/01/2029) | 375000 | 382366 |
|  Walsh Ranch Municipal Utility District, 2.00%, 08/01/2038 (Callable 08/01/2027) | Walsh Ranch Municipal Utility District, 2.00%, 08/01/2038 (Callable 08/01/2027) | 325000 | 239321 |
|  Webb Consolidated Independent School District, 5.00%, 02/15/2037 (Callable 02/15/2035) | Webb Consolidated Independent School District, 5.00%, 02/15/2037 (Callable 02/15/2035) | 475000 | 530399 |
|  |  |  | 81085584 |
| **Utah - 1.0%** | **Utah - 1.0%** | **Utah - 1.0%** | **Utah - 1.0%** |
| City of Salt Lake City UT Airport Revenue | City of Salt Lake City UT Airport Revenue | City of Salt Lake City UT Airport Revenue | City of Salt Lake City UT Airport Revenue |
| &nbsp;&nbsp; 5.00%, 07/01/2034 (Callable 07/01/2027) <sup>(b)</sup> | &nbsp;&nbsp; 5.00%, 07/01/2034 (Callable 07/01/2027) <sup>(b)</sup> | 500000 | 510739 |
| &nbsp;&nbsp; 5.00%, 07/01/2038 (Callable 07/01/2028) <sup>(b)</sup> | &nbsp;&nbsp; 5.00%, 07/01/2038 (Callable 07/01/2028) <sup>(b)</sup> | 1000000 | 1020307 |
| &nbsp;&nbsp; 5.25%, 07/01/2048 (Callable 07/01/2033) <sup>(b)</sup> | &nbsp;&nbsp; 5.25%, 07/01/2048 (Callable 07/01/2033) <sup>(b)</sup> | 1000000 | 1028938 |
|  Downtown Revitalization Public Infrastructure District, 5.00%, 06/01/2039 (Callable 06/01/2030) | Downtown Revitalization Public Infrastructure District, 5.00%, 06/01/2039 (Callable 06/01/2030) | 600000 | 627686 |
|  Utah Charter School Finance Authority, 5.00%, 04/15/2045 (Callable 04/15/2035) | Utah Charter School Finance Authority, 5.00%, 04/15/2045 (Callable 04/15/2035) | 565000 | 574758 |
| Utah Housing Corp. | Utah Housing Corp. | Utah Housing Corp. | Utah Housing Corp. |
| &nbsp;&nbsp; 3.50%, 08/21/2047 | &nbsp;&nbsp; 3.50%, 08/21/2047 | 270366 | 257122 |
| &nbsp;&nbsp; 4.50%, 10/21/2052 | &nbsp;&nbsp; 4.50%, 10/21/2052 | 1265694 | 1246205 |
| &nbsp;&nbsp; 6.00%, 12/21/2052 | &nbsp;&nbsp; 6.00%, 12/21/2052 | 554245 | 602547 |
| &nbsp;&nbsp; 6.50%, 05/21/2053 | &nbsp;&nbsp; 6.50%, 05/21/2053 | 342472 | 371244 |
|  |  |  | 6239546 |
| **Vermont - 0.3%** | **Vermont - 0.3%** | **Vermont - 0.3%** | **Vermont - 0.3%** |
| Vermont Student Assistance Corp. | Vermont Student Assistance Corp. | Vermont Student Assistance Corp. | Vermont Student Assistance Corp. |
| &nbsp;&nbsp; 5.00%, 06/15/2026 <sup>(b)</sup> | &nbsp;&nbsp; 5.00%, 06/15/2026 <sup>(b)</sup> | 500000 | 505553 |
| &nbsp;&nbsp; 5.00%, 06/15/2030 <sup>(b)</sup> | &nbsp;&nbsp; 5.00%, 06/15/2030 <sup>(b)</sup> | 1300000 | 1374881 |
|  |  |  | 1880434 |
| **Virginia - 1.2%** | **Virginia - 1.2%** | **Virginia - 1.2%** | **Virginia - 1.2%** |
|  Arlington County Industrial Development Authority, 5.00%, 07/01/2053 (Callable 07/01/2030) <sup>(a)</sup> | Arlington County Industrial Development Authority, 5.00%, 07/01/2053 (Callable 07/01/2030) <sup>(a)</sup> | 1000000 | 1091445 |
|  Fairfax County Redevelopment & Housing Authority, 5.00%, 10/01/2035 (Callable 10/01/2029) | Fairfax County Redevelopment & Housing Authority, 5.00%, 10/01/2035 (Callable 10/01/2029) | 1500000 | 1582776 |
|  Loudoun County Economic Development Authority, 3.00%, 12/01/2036 (Callable 12/01/2029) | Loudoun County Economic Development Authority, 3.00%, 12/01/2036 (Callable 12/01/2029) | 475000 | 437163 |
|  Virginia Port Authority Commonwealth Port Fund, 5.25%, 07/01/2048 (Callable 07/01/2033) | Virginia Port Authority Commonwealth Port Fund, 5.25%, 07/01/2048 (Callable 07/01/2033) | 1000000 | 1063826 |
| Virginia Small Business Financing Authority | Virginia Small Business Financing Authority | Virginia Small Business Financing Authority | Virginia Small Business Financing Authority |
| &nbsp;&nbsp; 5.00%, 10/01/2026 | &nbsp;&nbsp; 5.00%, 10/01/2026 | 100000 | 101742 |
| &nbsp;&nbsp; 5.25%, 10/01/2029 (Callable 11/09/2025) | &nbsp;&nbsp; 5.25%, 10/01/2029 (Callable 11/09/2025) | 520000 | 521352 |
| &nbsp;&nbsp; 5.00%, 10/01/2030 | &nbsp;&nbsp; 5.00%, 10/01/2030 | 125000 | 135327 |
| &nbsp;&nbsp; 5.00%, 01/01/2034 (Callable 07/01/2027) | &nbsp;&nbsp; 5.00%, 01/01/2034 (Callable 07/01/2027) | 1375000 | 1444038 |
| &nbsp;&nbsp; 5.00%, 06/15/2060 (Callable 03/15/2035) <sup>(a)</sup> | &nbsp;&nbsp; 5.00%, 06/15/2060 (Callable 03/15/2035) <sup>(a)</sup> | 1000000 | 1099556 |
|  |  |  | 7477225 |
| **Washington - 3.5%** | **Washington - 3.5%** | **Washington - 3.5%** | **Washington - 3.5%** |
|  City of Lynnwood WA, 4.75%, 12/01/2042 (Callable 12/01/2032) | City of Lynnwood WA, 4.75%, 12/01/2042 (Callable 12/01/2032) | 435000 | 449172 |
| City of Sumner WA Water & Sewer Revenue | City of Sumner WA Water & Sewer Revenue | City of Sumner WA Water & Sewer Revenue | City of Sumner WA Water & Sewer Revenue |
| &nbsp;&nbsp; 5.00%, 12/01/2040 (Callable 06/01/2035) | &nbsp;&nbsp; 5.00%, 12/01/2040 (Callable 06/01/2035) | 200000 | 217335 |
| &nbsp;&nbsp; 5.00%, 12/01/2041 (Callable 06/01/2035) | &nbsp;&nbsp; 5.00%, 12/01/2041 (Callable 06/01/2035) | 190000 | 204362 |
| &nbsp;&nbsp; 5.00%, 12/01/2042 (Callable 06/01/2035) | &nbsp;&nbsp; 5.00%, 12/01/2042 (Callable 06/01/2035) | 220000 | 234344 |
| &nbsp;&nbsp; 5.00%, 12/01/2043 (Callable 06/01/2035) | &nbsp;&nbsp; 5.00%, 12/01/2043 (Callable 06/01/2035) | 215000 | 227477 |
| &nbsp;&nbsp; 5.00%, 12/01/2044 (Callable 06/01/2035) | &nbsp;&nbsp; 5.00%, 12/01/2044 (Callable 06/01/2035) | 250000 | 263015 |
| &nbsp;&nbsp; 5.00%, 12/01/2045 (Callable 06/01/2035) | &nbsp;&nbsp; 5.00%, 12/01/2045 (Callable 06/01/2035) | 250000 | 262110 |
| &nbsp;&nbsp; 5.00%, 12/01/2049 (Callable 06/01/2035) | &nbsp;&nbsp; 5.00%, 12/01/2049 (Callable 06/01/2035) | 1700000 | 1770858 |
|  County of Grant WA, 5.25%, 12/01/2050 (Callable 12/01/2034) | County of Grant WA, 5.25%, 12/01/2050 (Callable 12/01/2034) | 800000 | 844958 |
| County of King WA | County of King WA | County of King WA | County of King WA |
| &nbsp;&nbsp; 5.00%, 12/01/2043 (Callable 06/01/2035) | &nbsp;&nbsp; 5.00%, 12/01/2043 (Callable 06/01/2035) | 755000 | 812455 |
| &nbsp;&nbsp; 5.00%, 12/01/2044 (Callable 06/01/2035) | &nbsp;&nbsp; 5.00%, 12/01/2044 (Callable 06/01/2035) | 795000 | 850652 |
| &nbsp;&nbsp; 5.00%, 12/01/2045 (Callable 06/01/2035) | &nbsp;&nbsp; 5.00%, 12/01/2045 (Callable 06/01/2035) | 835000 | 890366 |
| King County Housing Authority | King County Housing Authority | King County Housing Authority | King County Housing Authority |
| &nbsp;&nbsp; 4.00%, 11/01/2036 (Callable 11/01/2029) | &nbsp;&nbsp; 4.00%, 11/01/2036 (Callable 11/01/2029) | 600000 | 605305 |
| &nbsp;&nbsp; 5.38%, 07/01/2045 (Callable 07/01/2034) | &nbsp;&nbsp; 5.38%, 07/01/2045 (Callable 07/01/2034) | 1500000 | 1563756 |
|  King County Public Hospital District No 4, 7.00%, 12/01/2060 (Callable 12/01/2035) | King County Public Hospital District No 4, 7.00%, 12/01/2060 (Callable 12/01/2035) | 1500000 | 1514533 |
|  Pend Oreille County Public Utility District No 1 Box Canyon, 5.00%, 01/01/2038 (Callable 01/01/2029) | Pend Oreille County Public Utility District No 1 Box Canyon, 5.00%, 01/01/2038 (Callable 01/01/2029) | 150000 | 154843 |
| Port of Bellingham WA | Port of Bellingham WA | Port of Bellingham WA | Port of Bellingham WA |
| &nbsp;&nbsp; 5.00%, 12/01/2030 <sup>(b)</sup> | &nbsp;&nbsp; 5.00%, 12/01/2030 <sup>(b)</sup> | 230000 | 249200 |
| &nbsp;&nbsp; 5.00%, 12/01/2031 <sup>(b)</sup> | &nbsp;&nbsp; 5.00%, 12/01/2031 <sup>(b)</sup> | 600000 | 654780 |
|  Port of Seattle WA, 5.25%, 07/01/2042 (Callable 07/01/2034) <sup>(b)</sup> | Port of Seattle WA, 5.25%, 07/01/2042 (Callable 07/01/2034) <sup>(b)</sup> | 1500000 | 1605210 |
|  Snohomish County Housing Authority, 4.00%, 04/01/2033 (Callable 04/01/2031) | Snohomish County Housing Authority, 4.00%, 04/01/2033 (Callable 04/01/2031) | 500000 | 512723 |
|  State of Washington, 5.00%, 02/01/2045 (Callable 02/01/2033) | State of Washington, 5.00%, 02/01/2045 (Callable 02/01/2033) | 1000000 | 1048740 |
| Vancouver Housing Authority | Vancouver Housing Authority | Vancouver Housing Authority | Vancouver Housing Authority |
| &nbsp;&nbsp; 4.00%, 08/01/2034 (Callable 08/01/2031) | &nbsp;&nbsp; 4.00%, 08/01/2034 (Callable 08/01/2031) | 500000 | 492783 |
| &nbsp;&nbsp; 4.00%, 10/01/2034 | &nbsp;&nbsp; 4.00%, 10/01/2034 | 385000 | 390057 |
| &nbsp;&nbsp; 4.25%, 02/01/2038 (Callable 02/01/2035) | &nbsp;&nbsp; 4.25%, 02/01/2038 (Callable 02/01/2035) | 1000000 | 1001900 |
| Washington Health Care Facilities Authority | Washington Health Care Facilities Authority | Washington Health Care Facilities Authority | Washington Health Care Facilities Authority |
| &nbsp;&nbsp; 5.00%, 08/15/2037 (Callable 08/15/2027) | &nbsp;&nbsp; 5.00%, 08/15/2037 (Callable 08/15/2027) | 1325000 | 1332191 |
| &nbsp;&nbsp; 5.00%, 08/15/2037 (Callable 02/15/2028) | &nbsp;&nbsp; 5.00%, 08/15/2037 (Callable 02/15/2028) | 300000 | 306246 |
| &nbsp;&nbsp; 5.00%, 08/01/2049 (Callable 08/01/2029) | &nbsp;&nbsp; 5.00%, 08/01/2049 (Callable 08/01/2029) | 250000 | 247864 |
| Washington State Housing Finance Commission | Washington State Housing Finance Commission | Washington State Housing Finance Commission | Washington State Housing Finance Commission |
| &nbsp;&nbsp; 4.22%, 03/01/2050 | &nbsp;&nbsp; 4.22%, 03/01/2050 | 993983 | 955485 |
| &nbsp;&nbsp; 5.25%, 07/01/2055 (Callable 07/01/2035) <sup>(c)</sup> | &nbsp;&nbsp; 5.25%, 07/01/2055 (Callable 07/01/2035) <sup>(c)</sup> | 1000000 | 1008677 |
|  Whatcom County Public Utility District No 1, 5.25%, 12/01/2037 (Callable 12/01/2034) <sup>(b)</sup> | Whatcom County Public Utility District No 1, 5.25%, 12/01/2037 (Callable 12/01/2034) <sup>(b)</sup> | 1000000 | 1085601 |
|  |  |  | 21756998 |
| **Wisconsin - 4.1%** | **Wisconsin - 4.1%** | **Wisconsin - 4.1%** | **Wisconsin - 4.1%** |
|  Beaver Dam Unified School District, 4.00%, 04/01/2043 (Callable 04/01/2033) | Beaver Dam Unified School District, 4.00%, 04/01/2043 (Callable 04/01/2033) | 1500000 | 1440089 |
|  Boscobel Area School District, 5.00%, 03/01/2038 (Callable 03/01/2031) | Boscobel Area School District, 5.00%, 03/01/2038 (Callable 03/01/2031) | 735000 | 778947 |
|  City of Arcadia WI, 2.00%, 03/01/2027 (Callable 11/01/2025) | City of Arcadia WI, 2.00%, 03/01/2027 (Callable 11/01/2025) | 245000 | 238081 |
|  City of Wausau WI Sewer System Revenue, 2.75%, 05/01/2039 (Callable 05/01/2027) | City of Wausau WI Sewer System Revenue, 2.75%, 05/01/2039 (Callable 05/01/2027) | 860000 | 698745 |
|  County of Waushara WI, 4.50%, 06/01/2027 (Callable 11/01/2025) | County of Waushara WI, 4.50%, 06/01/2027 (Callable 11/01/2025) | 500000 | 500559 |
| Cudahy School District/WI | Cudahy School District/WI | Cudahy School District/WI | Cudahy School District/WI |
| &nbsp;&nbsp; 5.00%, 03/01/2042 (Callable 03/01/2033) | &nbsp;&nbsp; 5.00%, 03/01/2042 (Callable 03/01/2033) | 890000 | 925702 |
| &nbsp;&nbsp; 5.00%, 03/01/2043 (Callable 03/01/2033) | &nbsp;&nbsp; 5.00%, 03/01/2043 (Callable 03/01/2033) | 940000 | 970488 |
|  Deerfield Community School District, 4.00%, 03/01/2029 (Callable 03/01/2027) | Deerfield Community School District, 4.00%, 03/01/2029 (Callable 03/01/2027) | 1000000 | 1017058 |
|  Howard-Suamico School District/WI, 1.63%, 03/01/2031 (Callable 03/01/2028) | Howard-Suamico School District/WI, 1.63%, 03/01/2031 (Callable 03/01/2028) | 750000 | 671115 |
| Public Finance Authority | Public Finance Authority | Public Finance Authority | Public Finance Authority |
| &nbsp;&nbsp; 5.00%, 05/15/2026 (Callable 10/22/2025) <sup>(c)</sup> | &nbsp;&nbsp; 5.00%, 05/15/2026 (Callable 10/22/2025) <sup>(c)</sup> | 250000 | 250870 |
| &nbsp;&nbsp; 5.00%, 10/01/2028 <sup>(c)</sup> | &nbsp;&nbsp; 5.00%, 10/01/2028 <sup>(c)</sup> | 650000 | 671095 |
| &nbsp;&nbsp; 9.00%, 11/01/2028 (Callable 11/01/2027) <sup>(c)</sup> | &nbsp;&nbsp; 9.00%, 11/01/2028 (Callable 11/01/2027) <sup>(c)</sup> | 225000 | 236495 |
| &nbsp;&nbsp; 3.25%, 01/01/2029 | &nbsp;&nbsp; 3.25%, 01/01/2029 | 460000 | 445591 |
| &nbsp;&nbsp; 5.00%, 01/01/2031 (Callable 01/01/2030) | &nbsp;&nbsp; 5.00%, 01/01/2031 (Callable 01/01/2030) | 550000 | 590936 |
| &nbsp;&nbsp; 5.00%, 10/01/2034 (Callable 10/01/2029) <sup>(c)</sup> | &nbsp;&nbsp; 5.00%, 10/01/2034 (Callable 10/01/2029) <sup>(c)</sup> | 325000 | 332417 |
| &nbsp;&nbsp; 5.00%, 01/01/2036 (Callable 01/01/2030) | &nbsp;&nbsp; 5.00%, 01/01/2036 (Callable 01/01/2030) | 500000 | 524765 |
| &nbsp;&nbsp; 5.00%, 10/01/2044 (Callable 04/01/2029) | &nbsp;&nbsp; 5.00%, 10/01/2044 (Callable 04/01/2029) | 125000 | 125891 |
| &nbsp;&nbsp; 5.25%, 12/01/2054 (Callable 12/01/2034) | &nbsp;&nbsp; 5.25%, 12/01/2054 (Callable 12/01/2034) | 500000 | 470724 |
| &nbsp;&nbsp; 4.00%, 01/01/2055 <sup>(c)</sup> | &nbsp;&nbsp; 4.00%, 01/01/2055 <sup>(c)</sup> | 2750000 | 2775502 |
| &nbsp;&nbsp; 6.45%, 04/01/2060 (Callable 04/01/2035) <sup>(c)</sup> | &nbsp;&nbsp; 6.45%, 04/01/2060 (Callable 04/01/2035) <sup>(c)</sup> | 500000 | 471816 |
| &nbsp;&nbsp; 6.50%, 06/30/2060 (Callable 06/30/2035) <sup>(b)</sup> | &nbsp;&nbsp; 6.50%, 06/30/2060 (Callable 06/30/2035) <sup>(b)</sup> | 2500000 | 2741047 |
| Village of Kewaskum WI | Village of Kewaskum WI | Village of Kewaskum WI | Village of Kewaskum WI |
| &nbsp;&nbsp; 4.25%, 04/01/2037 (Callable 04/01/2033) | &nbsp;&nbsp; 4.25%, 04/01/2037 (Callable 04/01/2033) | 645000 | 628654 |
| &nbsp;&nbsp; 4.38%, 04/01/2038 (Callable 04/01/2033) | &nbsp;&nbsp; 4.38%, 04/01/2038 (Callable 04/01/2033) | 645000 | 630055 |
|  Westosha Central High School District, 1.60%, 03/01/2031 (Callable 03/01/2028) | Westosha Central High School District, 1.60%, 03/01/2031 (Callable 03/01/2028) | 400000 | 358180 |
|  Wisconsin Center District, 0.00%, 12/15/2038 (Callable 12/15/2030) <sup>(e)</sup> | Wisconsin Center District, 0.00%, 12/15/2038 (Callable 12/15/2030) <sup>(e)</sup> | 690000 | 397984 |
| Wisconsin Health & Educational Facilities Authority | Wisconsin Health & Educational Facilities Authority | Wisconsin Health & Educational Facilities Authority | Wisconsin Health & Educational Facilities Authority |
| &nbsp;&nbsp; 5.00%, 08/01/2027 (Callable 07/01/2026) <sup>(c)</sup> | &nbsp;&nbsp; 5.00%, 08/01/2027 (Callable 07/01/2026) <sup>(c)</sup> | 1000000 | 1013454 |
| &nbsp;&nbsp; 5.00%, 03/01/2028 (Callable 10/22/2025) | &nbsp;&nbsp; 5.00%, 03/01/2028 (Callable 10/22/2025) | 300000 | 300119 |
| &nbsp;&nbsp; 5.00%, 02/15/2030 (Callable 02/15/2026) | &nbsp;&nbsp; 5.00%, 02/15/2030 (Callable 02/15/2026) | 1000000 | 1007600 |
| &nbsp;&nbsp; 5.45%, 10/01/2039 (Callable 10/01/2032) | &nbsp;&nbsp; 5.45%, 10/01/2039 (Callable 10/01/2032) | 500000 | 513535 |
| &nbsp;&nbsp; 4.38%, 11/01/2039 (Callable 11/01/2034) | &nbsp;&nbsp; 4.38%, 11/01/2039 (Callable 11/01/2034) | 1000000 | 1019270 |
| &nbsp;&nbsp; 5.00%, 04/01/2044 (Callable 10/01/2028) | &nbsp;&nbsp; 5.00%, 04/01/2044 (Callable 10/01/2028) | 1500000 | 1510969 |
| &nbsp;&nbsp; 6.00%, 10/01/2044 (Callable 10/01/2032) | &nbsp;&nbsp; 6.00%, 10/01/2044 (Callable 10/01/2032) | 500000 | 516676 |
| &nbsp;&nbsp; 5.50%, 12/01/2052 (Callable 12/01/2032) | &nbsp;&nbsp; 5.50%, 12/01/2052 (Callable 12/01/2032) | 250000 | 264368 |
|  Wisconsin Housing & Economic Development Authority Housing Revenue, 2.45%, 11/01/2046 (Callable 05/01/2030) | Wisconsin Housing & Economic Development Authority Housing Revenue, 2.45%, 11/01/2046 (Callable 05/01/2030) | 1500000 | 1021943 |
|  |  |  | 26060740 |
| **Wyoming - 0.1%** | **Wyoming - 0.1%** | **Wyoming - 0.1%** | **Wyoming - 0.1%** |
|  Sublette County Hospital District, 5.00%, 06/15/2026 (Callable 11/01/2025) | Sublette County Hospital District, 5.00%, 06/15/2026 (Callable 11/01/2025) | 500000 | 500123 |
| **TOTAL MUNICIPAL BONDS** (Cost $624,985,089) | **TOTAL MUNICIPAL BONDS** (Cost $624,985,089) | **TOTAL MUNICIPAL BONDS** (Cost $624,985,089) | 629774030 |
| **SHORT-TERM INVESTMENTS** | **SHORT-TERM INVESTMENTS** | **SHORT-TERM INVESTMENTS** | **SHORT-TERM INVESTMENTS** |
| **MONEY MARKET FUNDS - 1.2%** | **MONEY MARKET FUNDS - 1.2%** | **Shares** | **Value**  |
| Federated Institutional Tax-Free Cash Trust - Class Premier, 2.93%<sup>(g)</sup> | Federated Institutional Tax-Free Cash Trust - Class Premier, 2.93%<sup>(g)</sup> | 7616423 | 7616423 |
| **TOTAL MONEY MARKET FUNDS** (Cost $7,616,423) | **TOTAL MONEY MARKET FUNDS** (Cost $7,616,423) | **TOTAL MONEY MARKET FUNDS** (Cost $7,616,423) | 7616423 |
| **TOTAL INVESTMENTS - 101.2% (**Cost $632,601,512**)** | **TOTAL INVESTMENTS - 101.2% (**Cost $632,601,512**)** | **TOTAL INVESTMENTS - 101.2% (**Cost $632,601,512**)** | 637390453 |
| Liabilities in Excess of Other Assets - (1.2)% | Liabilities in Excess of Other Assets - (1.2)% | Liabilities in Excess of Other Assets - (1.2)% | (7829094) |
| **TOTAL NET ASSETS - 100.0%** | 0.0% | 0.0% | $629561359 |
| two | two | two | –% |
| Par amount is in USD unless otherwise indicated. | Par amount is in USD unless otherwise indicated. | Par amount is in USD unless otherwise indicated. |  |
| Percentages are stated as a percent of net assets. | Percentages are stated as a percent of net assets. | Percentages are stated as a percent of net assets. | –% |

---

FHLMC - Federal Home Loan Mortgage Corporation <br> SOFR - Secured Overnight Financing Rate

(a) Coupon rate may be variable or floating based on components other than reference rate and spread. These securities may not indicate a reference rate and/or spread in their description. The rate
 disclosed is as of September 30, 2025.

(b) Security subject to the Alternative Minimum Tax ("AMT"). As of September 30, 2025, the total value of securities subject to the AMT was $61,705,166 or 9.8% of net assets.

(c) Security is exempt from registration pursuant to Rule 144A under the Securities Act of 1933, as amended. These securities may only be resold in transactions exempt from registration to qualified
 institutional investors. As of September 30, 2025, the value of these securities total $18,984,172 or 3.0% of the Fund's net assets.

(d) Security or a portion of the security purchased on a when-issued or delayed delivery basis.

(e) Zero coupon bonds make no periodic interest payments.

(f) Step coupon bond. The rate disclosed is as of September 30, 2025.

(g) The rate shown represents the 7-day annualized yield as of September 30, 2025.

------

#### <br> Summary of Fair Value Disclosure as of September 30, 2025 (Unaudited)
Baird Municipal Bond Fund (the "Fund") has adopted fair value accounting standards which establish a definition of fair value and set out a hierarchy for measuring fair value. These standards require additional disclosures about the various inputs and valuation techniques used to develop the measurements of fair value, a discussion of changes in valuation techniques and related inputs during the period, and expanded disclosure of valuation levels for major security types. These inputs are summarized in the three broad levels listed below. The inputs or valuation methodology used for valuing securities are not an indication of the risk associated with investing in those securities.

Level 1 - Unadjusted quoted prices in active markets for identical assets or liabilities that the Fund has the ability to access.

Level 2 - Observable inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly or indirectly. These inputs may include quoted prices for the identical instrument on an inactive market, prices for similar instruments, interest rates, prepayment speeds, credit risk, yield curves, default rates and similar data.

Level 3 - Unobservable inputs for the asset or liability, to the extent relevant observable inputs are not available, representing the Fund's own assumptions about the assumptions a market participant would use in valuing the asset or liability, and based on the best information available.

The following is a summary of the fair valuation hierarchy of the Fund's securities as of September 30, 2025:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **<u>Level 1</u>** | **<u>Level 2</u>** | **<u>Level 3</u>** | **<u>Total</u>** |
| <u>Investments:</u> |  |  |  |  |
|  &nbsp;&nbsp;&nbsp;&nbsp;Municipal Bonds | $– | $629774030 | $– | $629774030 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Money Market Funds | 7616423 | – | – | 7616423 |
| Total Investments | $7616423 | $629774030 | $– | $637390453 |
| Refer to the Schedule of Investments for further disaggregation of investment categories. | Refer to the Schedule of Investments for further disaggregation of investment categories. | Refer to the Schedule of Investments for further disaggregation of investment categories. | Refer to the Schedule of Investments for further disaggregation of investment categories. | Refer to the Schedule of Investments for further disaggregation of investment categories. |

---

Changes in valuation techniques may result in transfers into or out of assigned levels within the fair value hierarchy. There were no transfers into or out of Level 3 during the reporting period, as compared to the security classifications from the prior year's core financial statements. <br>

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Baird Funds Inc

- **b. Investment Company Act file number:** 811-09997

- **c. CIK number of Registrant:** 0001282693

- **d. LEI of Registrant:** 5493007JR2NWYBC7PO06

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

  - **Street Address 1:** 777 East Wisconsin Avenue

  - **City:** Milwaukee

  - **State:** WI

  - **Foreign country:** US

  - **Zip / Postal Code:** 53202

  - **Telephone number:** 4147653614

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

- **a. Name of Series:** Baird Municipal Bond Fund

- **b. EDGAR series identifier (if any):** S000067040

- **c. LEI of Series:** 549300V76044R7XKPV13

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

- **a. Date of fiscal year-end:** 2025-12-31

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

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $644769332.90

**Total Liabilities:** $16551510.88

**Net Assets:** $628217822.02

**Delayed Delivery Securities:** $16391541.65

**Cash Not Reported:** $489.61

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 268.900000000000 | **1-Year:** 5336.440000000000 | **5-Year:** 25685.040000000000 | **10-Year:** 203587.610000000000 | **30-Year:** 175752.550000000000

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

- **3-Month:** 42.900000000000 | **1-Year:** 402.620000000000 | **5-Year:** 2153.130000000000 | **10-Year:** 7596.410000000000 | **30-Year:** 8656.400000000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000215710 | -0.17%               | 0.84%                | 2.24%                |
| Class ID C000215711 | -0.19%               | 0.81%                | 2.23%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $10686.81                | $-2490928.16                               |
| Month 2  | $7865.42                 | $2547778.81                                |
| Month 3  | $3366.95                 | $10245247.69                               |

**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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| MICHIGAN ST FIN AUTH REVENUE   | Michigan Finance Authority                                                       | CUSIP: 59447PYU9<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |    960000 | PA      | $960799.10    | 0.15%             | 2044-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MISSISSIPPI ST BUSINESS FIN CO | Mississippi Business Finance Corp                                                | CUSIP: 60528ACB8<br>LEI: 549300DYV074JUDKBQ77 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000000.00   | 0.16%             | 2035-11-01      | Variable      | 2.45%                 | No            |                  2 | On Loan: No      |
| MISSISSIPPI ST DEV BANK SPL OB | Mississippi Development Bank                                                     | CUSIP: 60534WJJ8<br>LEI: 549300122LOI8CB50V38 | Long             | DBT              | MUN               | US        |    100000 | PA      | $100185.39    | 0.02%             | 2031-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MISSISSIPPI ST DEV BANK SPL OB | Mississippi Development Bank                                                     | CUSIP: 60534WJK5<br>LEI: 549300122LOI8CB50V38 | Long             | DBT              | MUN               | US        |     50000 | PA      | $50120.36     | 0.01%             | 2032-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MISSOURI JT MUNI ELEC UTILITY  | Missouri Joint Municipal Electric Utility Commission                             | CUSIP: 606092PG3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    870000 | PA      | $998964.28    | 0.16%             | 2034-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MUSKOGEE OK INDL TRUST EDUCTNL | Muskogee Industrial Trust                                                        | CUSIP: 62813NBC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $252356.95    | 0.04%             | 2032-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| OKEMOS MI PUBLIC SCH DIST      | Okemos Public Schools                                                            | CUSIP: 678467PB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $433562.92    | 0.07%             | 2041-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OREGON COAST OR CMNTY CLG DIST | Oregon Coast Community College District                                          | CUSIP: 68583NCM1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $372844.54    | 0.06%             | 2044-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OREGON ST                      | State of Oregon                                                                  | CUSIP: 68609UPP4<br>LEI: 549300R5SUGZRD8KP359 | Long             | DBT              | MUN               | US        |    275000 | PA      | $302033.74    | 0.05%             | 2044-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| PARADISE CA UNIF SCH DIST COPS | Paradise Unified School District                                                 | CUSIP: 699042BR7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    505000 | PA      | $527290.14    | 0.08%             | 2035-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PEFA INC IA GAS PROJ REVENUE   | PEFA Inc                                                                         | CUSIP: 70556CAB0<br>LEI: 549300RSE249DJNRHY07 | Long             | DBT              | MUN               | US        |    730000 | PA      | $742828.73    | 0.12%             | 2049-09-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST ECON DEV FING  | Pennsylvania Economic Development Financing Authority                            | CUSIP: 70869PHX8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    425000 | PA      | $425530.27    | 0.07%             | 2042-06-30      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PROVIDENCE RI REDEV AGY REVENU | Providence Redevelopment Agency                                                  | CUSIP: 743940CY2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    410000 | PA      | $410309.47    | 0.07%             | 2027-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WI EDU REVENUE | Public Finance Authority                                                         | CUSIP: 74442EML1<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    500000 | PA      | $471815.50    | 0.08%             | 2060-04-01      | Fixed         | 6.45%                 | No            |                  2 | On Loan: No      |
| SAN ANTONIO TX WTR REVENUE     | San Antonio Water System                                                         | CUSIP: 79642GPP1<br>LEI: 549300S7VENCVRZAA322 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1046446.90   | 0.17%             | 2052-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| SOUTH CAROLINA ST JOBS-ECON DE | South Carolina Jobs-Economic Development Authority                               | CUSIP: 837031A94<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |     75000 | PA      | $68062.76     | 0.01%             | 2032-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SOUTH CAROLINA ST JOBS-ECON DE | South Carolina Jobs-Economic Development Authority                               | CUSIP: 83704AAE2<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |    150000 | PA      | $151820.97    | 0.02%             | 2033-08-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| SOUTH CAROLINA JOBS-ECON DEV A | South Carolina Jobs-Economic Development Authority                               | CUSIP: 83704EAF1<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |    600000 | PA      | $600622.44    | 0.10%             | 2028-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| SOUTHEAST ENERGY AUTH AL COOPE | Southeast Energy Authority A Cooperative District                                | CUSIP: 84136GAK1<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1336950.13   | 0.21%             | 2054-01-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| TEXAS ST MUNI GAS ACQUISITION  | Texas Municipal Gas Acquisition & Supply Corp V                                  | CUSIP: 88256RAK2<br>LEI: 254900XZ4J30QIJO9G03 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1092247.00   | 0.17%             | 2055-01-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| TEXAS ST UNIV SYS FING REVENUE | Texas State University System                                                    | CUSIP: 88278PJ96<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2095258.20   | 0.33%             | 2054-03-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| TRIBOROUGH NY BRIDGE & TUNNEL  | Triborough Bridge & Tunnel Authority                                             | CUSIP: 89602HEM5<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |    500000 | PA      | $501066.35    | 0.08%             | 2047-05-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| UTAH ST HSG CORP               | Utah Housing Corp                                                                | CUSIP: 91743PBZ7<br>LEI: 549300YXWQEI0S47WI02 | Long             | DBT              | MUN               | US        |    270366 | PA      | $257121.98    | 0.04%             | 2047-08-21      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| VERMONT ST STUDENT ASSISTANCEC | Vermont Student Assistance Corp                                                  | CUSIP: 92428CNR1<br>LEI: 549300VHYVRSKNFRSZ91 | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1374880.65   | 0.22%             | 2030-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WASHINGTON ST HLTH CARE FACS A | Washington Health Care Facilities Authority                                      | CUSIP: 93978HWL5<br>LEI: 549300ZVPWQIL3N5TL85 | Long             | DBT              | MUN               | US        |    250000 | PA      | $247863.65    | 0.04%             | 2049-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WEBB CONSOL TX INDEP SCH DIST  | Webb Consolidated Independent School District                                    | CUSIP: 947535EF3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    475000 | PA      | $530398.68    | 0.08%             | 2037-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WISCONSIN ST HLTH & EDUCTNL FA | Wisconsin Health & Educational Facilities Authority                              | CUSIP: 97712JGT4<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |    250000 | PA      | $264367.83    | 0.04%             | 2052-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| WYANDOTTE CNTY/KANSAS CITY KS  | Wyandotte County-Kansas City Unified Government                                  | CUSIP: 98267LAT2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    205000 | PA      | $188746.10    | 0.03%             | 2027-12-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| CHAMBERS CNTY TX IMPT DIST #1  | Cedar Port Navigation & Improvement District                                     | CUSIP: 157792NE8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $688970.10    | 0.11%             | 2041-09-01      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| COLORADO ST BRIDGE ENTERPRISE  | Colorado Bridge Enterprise                                                       | CUSIP: 19633SAS2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $758120.25    | 0.12%             | 2030-12-31      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| COLORADO EDUCTNL & CULTURAL AU | Colorado Educational & Cultural Facilities Authority                             | CUSIP: 19645UWA8<br>LEI: 549300BJRX2FHSSZP042 | Long             | DBT              | MUN               | US        |    625000 | PA      | $641838.19    | 0.10%             | 2045-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLORADO ST HSG FIN AUTH MF HS | Colorado Housing and Finance Authority                                           | CUSIP: 19647PDN0<br>LEI: 5493005GIROYQAWBMC18 | Long             | DBT              | MUN               | US        |    500000 | PA      | $501441.75    | 0.08%             | 2043-11-01      | Variable      | 3.50%                 | No            |                  2 | On Loan: No      |
| COLORADO ST HLTH FACS AUTH REV | Colorado Health Facilities Authority                                             | CUSIP: 19648FJV7<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1467228.14   | 0.23%             | 2035-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CUDAHY WI SCH DIST             | Cudahy School District/WI                                                        | CUSIP: 229768MA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    890000 | PA      | $925702.17    | 0.15%             | 2042-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DEKALB CNTY GA HSG AUTH MF HSG | DeKalb County Housing Authority                                                  | CUSIP: 240471PD8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1013939.60   | 0.16%             | 2033-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| DEERFIELD WI CMNTY SCH DIST    | Deerfield Community School District                                              | CUSIP: 244599EC6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1017058.00   | 0.16%             | 2029-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| DENVER CO HLTH & HOSP AUTH COP | Denver Health & Hospital Authority                                               | CUSIP: 24918TAP2<br>LEI: 549300WFV5S7GIR4OS67 | Long             | DBT              | MUN               | US        |    300000 | PA      | $310935.30    | 0.05%             | 2033-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DIST OF COLUMBIA REVENUE       | District of Columbia                                                             | CUSIP: 25483VA95<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |    500000 | PA      | $484750.70    | 0.08%             | 2042-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FAR NORTH FORT WORTH MUNI UTIL | Far North Fort Worth Municipal Utility District No 1                             | CUSIP: 30734CCP6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $344483.06    | 0.05%             | 2037-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FAYETTEVILLE NC ST UNIV        | Fayetteville State University                                                    | CUSIP: 312810EW0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1023473.80   | 0.16%             | 2043-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MTGE CORP MU | Freddie Mac Multifamily ML Certificates                                          | CUSIP: 3137HA4G8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | MUN               | US        |    488817 | PA      | $479958.64    | 0.08%             | 2040-01-25      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MTGE CORP MU | Freddie Mac Multifamily ML Certificates                                          | CUSIP: 3137HASQ0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | MUN               | US        |   1363139 | PA      | $1151911.88   | 0.18%             | 2037-09-25      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST FIN AUTH REVENUE   | Illinois Finance Authority                                                       | CUSIP: 45204EBC1<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    135000 | PA      | $136883.17    | 0.02%             | 2031-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KEWASKUM WI                    | Village of Kewaskum WI                                                           | CUSIP: 492800FM4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    645000 | PA      | $630055.41    | 0.10%             | 2038-04-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| KING CNTY WA HSG AUTH          | King County Housing Authority                                                    | CUSIP: 494759TB9<br>LEI: 549300TZU8KSWALVD392 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1563755.70   | 0.25%             | 2045-07-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| KING CNTY WA PUBLIC HOSP DIST  | King County Public Hospital District No 4                                        | CUSIP: 494796AH8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1514532.75   | 0.24%             | 2060-12-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| LA PLATA CNTY CO SCH DIST #9-R | Durango School District No 9-R                                                   | CUSIP: 503768NV1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1079810.70   | 0.17%             | 2044-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| LANCASTER CNTY PA HOSP AUTH    | Lancaster County Hospital Authority/PA                                           | CUSIP: 514045W33<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    275000 | PA      | $283395.23    | 0.05%             | 2040-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LOS ALAMITOS CA UNIF SCH DIST  | Los Alamitos Unified School District                                             | CUSIP: 544204DW7<br>LEI: 549300YJXGV6HPEZKU12 | Long             | DBT              | MUN               | US        |    375000 | PA      | $405218.85    | 0.06%             | 2042-08-01      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| LOUISIANA ST HSG CORP MF HSG R | Louisiana Housing Corp                                                           | CUSIP: 54627CBP7<br>LEI: 549300VL35TBE7RSJH61 | Long             | DBT              | MUN               | US        |    500000 | PA      | $503313.00    | 0.08%             | 2046-07-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| LOUISIANA PUB FACS AUTH REVENU | Louisiana Public Facilities Authority                                            | CUSIP: 546399LA2<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |    250000 | PA      | $250000.00    | 0.04%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MARICOPA CNTY AZ SCH DIST #83C | Maricopa County School District No 83-Cartwright Elementary                      | CUSIP: 567405KJ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $538724.55    | 0.09%             | 2040-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MARION AR SALES & USE TAX      | City of Marion AR Sales & Use Tax Revenue                                        | CUSIP: 568584DL7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    895000 | PA      | $962828.02    | 0.15%             | 2037-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MARYLAND ST HLTH & HGR EDUCTNL | Maryland Health & Higher Educational Facilities Authority                        | CUSIP: 57421CBS2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $106685.28    | 0.02%             | 2030-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MAYVILLE ND                    | City of Mayville ND                                                              | CUSIP: 578660FC1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $949522.90    | 0.15%             | 2044-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MET PIER & EXPOSITION AUTH IL  | Metropolitan Pier & Exposition Authority                                         | CUSIP: 592250DU5<br>LEI: 254900I3VDCQ58UGBR15 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $809827.30    | 0.13%             | 2037-12-15      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST FIN AUTH REVENUE   | Michigan Finance Authority                                                       | CUSIP: 59447UAX8<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1046494.00   | 0.17%             | 2043-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST HSG DEV AUTH SF MT | Michigan State Housing Development Authority                                     | CUSIP: 5946537G6<br>LEI: 549300NSWW1HVXE93T03 | Long             | DBT              | MUN               | US        |    280000 | PA      | $280084.00    | 0.04%             | 2031-12-01      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| MINNESOTA ST                   | State of Minnesota                                                               | CUSIP: 60412AHM8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1014850.40   | 0.16%             | 2034-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MINNESOTA ST HSG FIN AGY       | Minnesota Housing Finance Agency                                                 | CUSIP: 60416SB66<br>LEI: 549300R89XDTQBK4GE22 | Long             | DBT              | MUN               | US        |    190000 | PA      | $192230.58    | 0.03%             | 2049-01-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| MINNESOTA ST HSG FIN AGY       | Minnesota Housing Finance Agency                                                 | CUSIP: 60416TQ50<br>LEI: 549300R89XDTQBK4GE22 | Long             | DBT              | MUN               | US        |    480000 | PA      | $481849.30    | 0.08%             | 2043-01-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| MISSISSIPPI ST DEV BANK SPL OB | Mississippi Development Bank                                                     | CUSIP: 60534WT40<br>LEI: 549300122LOI8CB50V38 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2111569.60   | 0.34%             | 2036-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MOULTRIE SHELBY & COLES CNTYS  | Moultrie Shelby & Coles Counties Community Unit School District No 300           | CUSIP: 620433DG4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    890000 | PA      | $932748.21    | 0.15%             | 2044-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NATIONAL FIN AUTH NH SPL REVEN | New Hampshire Business Finance Authority                                         | CUSIP: 63608TAC4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    550000 | PA      | $549710.43    | 0.09%             | 2035-12-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| NEVADA ST HSG DIV SF MTGE REVE | Nevada Housing Division                                                          | CUSIP: 641279ZJ6<br>LEI: 549300RE377OK3CTT852 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1202713.90   | 0.19%             | 2049-04-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| NEW CANEY TX INDEP SCH DIST    | New Caney Independent School District                                            | CUSIP: 643154LB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $511954.30    | 0.08%             | 2050-02-15      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| NEW HAMPSHIRE ST HLTH & EDU FA | New Hampshire Health and Education Facilities Authority Act                      | CUSIP: 64461XAF2<br>LEI: 549300CNCK7OT82W5653 | Long             | DBT              | MUN               | US        |    500000 | PA      | $505699.65    | 0.08%             | 2036-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| NEW HAMPSHIRE ST BUSINESS FINA | New Hampshire Business Finance Authority                                         | CUSIP: 64468CBS2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1045888.90   | 0.17%             | 2033-10-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST HGR EDU ASSISTAN | New Jersey Higher Education Student Assistance Authority                         | CUSIP: 646080YX3<br>LEI: 5493007OOYUHTF8GSL63 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2531803.00   | 0.40%             | 2045-12-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST HSG & MTGE FIN A | New Jersey Housing & Mortgage Finance Agency                                     | CUSIP: 646127FF2<br>LEI: 5493002ONULJL0FIGU24 | Long             | DBT              | MUN               | US        |    492254 | PA      | $498672.31    | 0.08%             | 2063-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW ORLEANS LA AVIATION BRD    | New Orleans Aviation Board                                                       | CUSIP: 64763HGZ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1550000 | PA      | $1581108.19   | 0.25%             | 2030-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK NY                    | City of New York NY                                                              | CUSIP: 64966QL40<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1066389.60   | 0.17%             | 2043-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| NEW YORK CITY NY HSG DEV CORP  | New York City Housing Development Corp                                           | CUSIP: 64972KKJ3<br>LEI: 549300SQWVHKBRF8D702 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2051108.00   | 0.33%             | 2064-11-01      | Variable      | 3.95%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST HSG FIN AGY AFFORD | New York State Housing Finance Agency                                            | CUSIP: 64987JD99<br>LEI: 5493000LS7KCDB02O506 | Long             | DBT              | MUN               | US        |    500000 | PA      | $500086.75    | 0.08%             | 2062-11-01      | Variable      | 3.60%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST DORM AUTH ST PERSO | New York State Dormitory Authority                                               | CUSIP: 64990KDJ9<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |    250000 | PA      | $256704.93    | 0.04%             | 2043-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST URBAN DEV CORP REV | Empire State Development Corp                                                    | CUSIP: 6500356T0<br>LEI: 54930039Y2EMGXN6LM88 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1558040.40   | 0.25%             | 2034-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NOBLESVILLE IN CMNTY DEV CORP  | Noblesville Community Development Corp                                           | CUSIP: 65515ABW7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1785000 | PA      | $1918259.89   | 0.31%             | 2039-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| N CENTRL TEXAS ST HLTH FAC DEV | North Central Texas Health Facility Development Corp                             | CUSIP: 658546QN9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    175000 | PA      | $178557.94    | 0.03%             | 2026-06-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| N TX TOLLWAY AUTH REVENUE      | North Texas Tollway Authority                                                    | CUSIP: 66285WCA2<br>LEI: PQGZGRE0F2WPMYQQ1B78 | Long             | DBT              | MUN               | US        |    600000 | PA      | $432188.10    | 0.07%             | 2035-01-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| N TX TOLLWAY AUTH REVENUE      | North Texas Tollway Authority                                                    | CUSIP: 66285WCB0<br>LEI: PQGZGRE0F2WPMYQQ1B78 | Long             | DBT              | MUN               | US        |    335000 | PA      | $229663.67    | 0.04%             | 2036-01-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| N TX TOLLWAY AUTH REVENUE      | North Texas Tollway Authority                                                    | CUSIP: 66285WCC8<br>LEI: PQGZGRE0F2WPMYQQ1B78 | Long             | DBT              | MUN               | US        |   1050000 | PA      | $683685.98    | 0.11%             | 2037-01-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| N E HARRIS CNTY TX MUNI UTILIT | Northeast Harris County Municipal Utility District No 1                          | CUSIP: 66416DLY4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2335000 | PA      | $1628046.76   | 0.26%             | 2050-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| NTHRN MN MUNI PWR AGY ELEC SYS | Northern Municipal Power Agency                                                  | CUSIP: 665444LR4<br>LEI: 254900QIGSDY3UDQ9778 | Long             | DBT              | MUN               | US        |    100000 | PA      | $104705.37    | 0.02%             | 2040-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NOWATA CNTY OK EDUCTNL FACS AU | Nowata County Educational Facilities Authority                                   | CUSIP: 67010GAM3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    505000 | PA      | $544837.78    | 0.09%             | 2035-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OHIO ST HSG FIN AGY MF HSG REV | Ohio Housing Finance Agency                                                      | CUSIP: 676900WF6<br>LEI: 549300K10X7VPG6JVX38 | Long             | DBT              | MUN               | US        |    500000 | PA      | $502196.25    | 0.08%             | 2026-02-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| OHIO ST TURNPIKE COMMISSION    | Ohio Turnpike & Infrastructure Commission                                        | CUSIP: 67760HKR1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     95000 | PA      | $108463.88    | 0.02%             | 2034-02-15      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| OKLAHOMA ST WTR RES BRD ST LOA | Oklahoma Water Resources Board                                                   | CUSIP: 67920QW38<br>LEI: 5493007CUNXW5UX11C71 | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1811192.08   | 0.29%             | 2051-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OREGON COAST OR CMNTY CLG DIST | Oregon Coast Community College District                                          | CUSIP: 68583NCN9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    425000 | PA      | $451036.65    | 0.07%             | 2045-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OREGON ST DEPT OF ADMIN SVCS L | Oregon State Lottery                                                             | CUSIP: 68607V6S9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2187004.00   | 0.35%             | 2044-04-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST ECON DEV FING  | Pennsylvania Economic Development Financing Authority                            | CUSIP: 70869PJX6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1011357.90   | 0.16%             | 2029-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST TURNPIKE COMMI | Pennsylvania Turnpike Commission Oil Franchise Tax Revenue                       | CUSIP: 709221VE2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1221475.32   | 0.19%             | 2044-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST TURNPIKE COMMI | Pennsylvania Turnpike Commission                                                 | CUSIP: 709224DQ9<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |    125000 | PA      | $129970.00    | 0.02%             | 2040-12-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| PHILADELPHIA PA AUTH FOR INDL  | Philadelphia Authority for Industrial Development                                | CUSIP: 71780CBN9<br>LEI: 549300DIY68KQZEW7M79 | Long             | DBT              | MUN               | US        |    485000 | PA      | $501773.68    | 0.08%             | 2032-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PHILADELPHIA PA ARPT REVENUE   | City of Philadelphia PA Airport Revenue                                          | CUSIP: 717817UD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $771516.90    | 0.12%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PORT BELLINGHAM WA             | Port of Bellingham WA                                                            | CUSIP: 733624GJ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    230000 | PA      | $249200.35    | 0.04%             | 2030-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PORT OF GTR CINCINNATI DEV AUT | Port of Greater Cincinnati Development Authority                                 | CUSIP: 734195FB1<br>LEI: 549300IK2RCZBY62ST97 | Long             | DBT              | MUN               | US        |    900000 | PA      | $928476.45    | 0.15%             | 2063-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| PORT OF PORTLAND OR ARPT REVEN | Port of Portland OR Airport Revenue                                              | CUSIP: 735240L76<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1022636.90   | 0.16%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PORTLAND OR SWR SYS REVENUE    | City of Portland OR Sewer System Revenue                                         | CUSIP: 736742ZL4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $755817.83    | 0.12%             | 2032-05-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| KENTUCKY ST PUBLIC ENERGY AUTH | Kentucky Public Energy Authority                                                 | CUSIP: 74440DEG5<br>LEI: 549300XEJZWHYSY4SL55 | Long             | DBT              | MUN               | US        |    525000 | PA      | $539804.53    | 0.09%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WI HOSP REVENU | Public Finance Authority                                                         | CUSIP: 74442CBY9<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    125000 | PA      | $125890.93    | 0.02%             | 2044-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WI REVENUE     | Public Finance Authority                                                         | CUSIP: 74442PB53<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    225000 | PA      | $236494.58    | 0.04%             | 2028-11-01      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WI TOLL REVENU | Public Finance Authority                                                         | CUSIP: 74448UAA6<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2741046.75   | 0.44%             | 2060-06-30      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| RALEIGH NC                     | City of Raleigh NC                                                               | CUSIP: 751091VS5<br>LEI: 549300I7RPBIIRI16112 | Long             | DBT              | MUN               | US        |    500000 | PA      | $541641.85    | 0.09%             | 2043-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| REGL CO TRANSPRTN DIST PRIV AC | Regional Transportation District                                                 | CUSIP: 759151BV4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    115000 | PA      | $110585.21    | 0.02%             | 2039-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| RIVER ISLANDS CA PUBLIC FING A | River Islands Public Financing Authority                                         | CUSIP: 76827QLM3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    530000 | PA      | $564711.82    | 0.09%             | 2045-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ROSS CNTY OH HOSP REVENUE      | County of Ross OH                                                                | CUSIP: 778260FL8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1025494.20   | 0.16%             | 2039-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SAINT CLAIR MO FIRE PROT DIST  | St Clair Fire Protection District                                                | CUSIP: 788800AY6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    705000 | PA      | $742676.96    | 0.12%             | 2042-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SAINT LOUIS MO MUNI FIN CORP   | St Louis Municipal Finance Corp                                                  | CUSIP: 79165TUC3<br>LEI: 549300CR13DAYKUKQN03 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1024846.50   | 0.16%             | 2045-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SAN YSIDRO CA SCH DIST         | San Ysidro School District                                                       | CUSIP: 799561JS5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $501608.58    | 0.08%             | 2031-08-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| SAYRE PA HLTH CARE FACS AUTH   | Health Care Facilities Authority of Sayre                                        | CUSIP: 805777JA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $496018.80    | 0.08%             | 2031-12-01      | Floating      | 3.62%                 | No            |                  2 | On Loan: No      |
| SHAKER HEIGHTS OH CITY SCH DIS | Shaker Heights City School District                                              | CUSIP: 819071SG7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    450000 | PA      | $485042.18    | 0.08%             | 2041-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SOUTHEAST ENERGY AUTH AL COMMO | Southeast Energy Authority A Cooperative District                                | CUSIP: 84136FBL0<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |    250000 | PA      | $271484.83    | 0.04%             | 2053-01-01      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| STHRN ID REGL SOL WST DIST REV | Southern Idaho Regional Solid Waste District                                     | CUSIP: 843104AA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1050000 | PA      | $1060431.96   | 0.17%             | 2028-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| STARKVILLE MS WTR & SWR REVENU | City of Starkville MS Water & Sewer System Revenue                               | CUSIP: 855522CK2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    390000 | PA      | $395613.31    | 0.06%             | 2038-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| STARKVILLE MS WTR & SWR REVENU | City of Starkville MS Water & Sewer System Revenue                               | CUSIP: 855522CL0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    405000 | PA      | $407521.13    | 0.06%             | 2039-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| STATE PUBLIC SCH BLDG AUTH PAS | State Public School Building Authority                                           | CUSIP: 85732TKS0<br>LEI: 5493006JN0UR7OGWTO86 | Long             | DBT              | MUN               | US        |    925000 | PA      | $947177.43    | 0.15%             | 2029-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SUMNER WA WTR & SWR REVENUE    | City of Sumner WA Water & Sewer Revenue                                          | CUSIP: 866465JR9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    190000 | PA      | $204362.16    | 0.03%             | 2041-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TAMPA FL WTR & WSTWTR SYS REVE | City of Tampa FL Water & Wastewater System Revenue                               | CUSIP: 875291BP0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $787243.88    | 0.13%             | 2057-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| TEXAS ST MUNI GAS ACQUISITION  | Texas Municipal Gas Acquisition and Supply Corp II                               | CUSIP: 88255QAC3<br>LEI: 8E22IH4TQD26WYDGHB25 | Long             | DBT              | MUN               | US        |    105000 | PA      | $105314.85    | 0.02%             | 2027-09-15      | Floating      | 3.75%                 | No            |                  2 | On Loan: No      |
| TEXAS ST DEPT OF HSG & CMNTY A | Texas Department of Housing & Community Affairs                                  | CUSIP: 88275FRC5<br>LEI: 549300J3RRLLZZN4WP77 | Long             | DBT              | MUN               | US        |    655000 | PA      | $579865.93    | 0.09%             | 2049-09-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| TEXAS ST PUBLIC FIN AUTH REVEN | Texas Public Finance Authority                                                   | CUSIP: 88277PBC8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $524895.30    | 0.08%             | 2041-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| TEXAS ST PUBLIC FIN AUTH REVEN | Texas Public Finance Authority                                                   | CUSIP: 88277PBD6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $781518.30    | 0.12%             | 2042-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| TOLLES CAREER & TECH CENTER OH | Tolles Career & Technical Center                                                 | CUSIP: 889493AT9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1820000 | PA      | $1904456.74   | 0.30%             | 2042-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| VENUS TX INDEP SCH DIST        | Venus Independent School District                                                | CUSIP: 923345LT7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    780000 | PA      | $875679.17    | 0.14%             | 2039-08-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| VIRIDIAN TX MUNI MGMT DIST ASS | Viridian Municipal Management District                                           | CUSIP: 92823UAX3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    375000 | PA      | $382366.01    | 0.06%             | 2049-12-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| WASHINGTON ST HLTH CARE FACS A | Washington Health Care Facilities Authority                                      | CUSIP: 93978HSR7<br>LEI: 549300ZVPWQIL3N5TL85 | Long             | DBT              | MUN               | US        |   1325000 | PA      | $1332191.31   | 0.21%             | 2037-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WASHOE CNTY NV WTR FAC REVENUE | County of Washoe NV                                                              | CUSIP: 940865BG2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $506086.45    | 0.08%             | 2036-03-01      | Variable      | 4.12%                 | No            |                  2 | On Loan: No      |
| WATERLOO IA CMNTY SCH DIST SCH | Waterloo Community School District Infrastructure Sales Services & Use Tax       | CUSIP: 941660CY6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1020922.50   | 0.16%             | 2047-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WAUSHARA CNTY WI               | County of Waushara WI                                                            | CUSIP: 943445CH7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $500559.35    | 0.08%             | 2027-06-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| WESTFIELD WASHINGTON IN MULTI- | Westfield-Washington Multi-School Building Corp                                  | CUSIP: 960225AY6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1056663.40   | 0.17%             | 2040-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ANCHORAGE AK PORT REVENUE      | Municipality of Anchorage AK                                                     | CUSIP: 033252BV8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $530762.60    | 0.08%             | 2045-02-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ARIZONA ST INDL DEV AUTH EDU R | Arizona Industrial Development Authority                                         | CUSIP: 04052BFU3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $194624.86    | 0.03%             | 2048-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ARIZONA ST INDL DEV AUTH NATIO | Arizona Industrial Development Authority                                         | CUSIP: 04052FCK9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $497366.30    | 0.08%             | 2035-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ARIZONA ST INDL DEV AUTH NATIO | Arizona Industrial Development Authority                                         | CUSIP: 04052FEM3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1775748.45   | 0.28%             | 2053-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| BROWARD CNTY FL ARPT SYS REVEN | County of Broward FL Airport System Revenue                                      | CUSIP: 114894YJ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1579987.50   | 0.25%             | 2033-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA CMNTY CHOICE FING A | California Community Choice Financing Authority                                  | CUSIP: 13013JCM6<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |    200000 | PA      | $213382.44    | 0.03%             | 2054-01-01      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| COLORADO ST BRIDGE ENTERPRISE  | Colorado Bridge Enterprise                                                       | CUSIP: 19633SAT0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $252370.88    | 0.04%             | 2031-06-30      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| COLORADO EDUCTNL & CULTURAL AU | Colorado Educational & Cultural Facilities Authority                             | CUSIP: 19645UDV3<br>LEI: 549300BJRX2FHSSZP042 | Long             | DBT              | MUN               | US        |     70000 | PA      | $65919.46     | 0.01%             | 2030-09-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| COLUMBUS-FRANKLIN CNTY OH FIN  | Columbus-Franklin County Finance Authority                                       | CUSIP: 199097JQ0<br>LEI: 549300NX3ODQN2ETOO82 | Long             | DBT              | MUN               | US        |    660000 | PA      | $676323.12    | 0.11%             | 2045-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| DENVER CO HLTH & HOSP AUTH HLT | Denver Health & Hospital Authority                                               | CUSIP: 24918EEG1<br>LEI: 549300WFV5S7GIR4OS67 | Long             | DBT              | MUN               | US        |    100000 | PA      | $105104.92    | 0.02%             | 2033-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OKEECHOBEE CNTY FL HALF-CENT S | County of Okeechobee FL Half-Cent Sales Tax Revenue                              | CUSIP: 678435BK3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    435000 | PA      | $451243.99    | 0.07%             | 2044-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OKLAHOMA CNTY OK FIN AUTH EDUC | Oklahoma County Finance Authority                                                | CUSIP: 67868UJU8<br>LEI: 549300KPR05JUN0F1289 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1038302.80   | 0.17%             | 2045-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ONONDAGA NY CIVIC DEV CORP     | Onondaga Civic Development Corp                                                  | CUSIP: 682832DU1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    525000 | PA      | $446842.46    | 0.07%             | 2040-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OREGON ST                      | State of Oregon                                                                  | CUSIP: 68609UPM1<br>LEI: 549300R5SUGZRD8KP359 | Long             | DBT              | MUN               | US        |    500000 | PA      | $555101.10    | 0.09%             | 2042-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ORLANDO FL TOURIST DEV TAX REV | City of Orlando FL Tourist Development Tax Revenue                               | CUSIP: 686499BX1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1305000 | PA      | $1357219.05   | 0.22%             | 2032-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SARATOGA CNTY NY CAPITAL RESOU | Saratoga County Capital Resource Corp                                            | CUSIP: 80349LAK1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $768789.21    | 0.12%             | 2038-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SISKIYOU CA CMNTY CLG DIST     | Siskiyou Community College District                                              | CUSIP: 829689BK3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    240000 | PA      | $204016.37    | 0.03%             | 2031-08-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| SOUTH DAKOTA ST HLTH & EDUCTNL | South Dakota Health & Educational Facilities Authority                           | CUSIP: 83755VW83<br>LEI: 549300ZW6LKR8UI2C378 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1101214.10   | 0.18%             | 2051-11-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| SOUTH DAKOTA ST HSG DEV AUTH   | South Dakota Housing Development Authority                                       | CUSIP: 83756LDX0<br>LEI: 549300G853EK61667C18 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2856699.75   | 0.45%             | 2056-05-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| SUMNER WA WTR & SWR REVENUE    | City of Sumner WA Water & Sewer Revenue                                          | CUSIP: 866465JV0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $262109.90    | 0.04%             | 2045-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TEXAS ST MUNI GAS ACQUISITION& | Texas Municipal Gas Acquisition & Supply Corp IV                                 | CUSIP: 88256PAG5<br>LEI: 549300PTUE847QDBBW22 | Long             | DBT              | MUN               | US        |    500000 | PA      | $537869.75    | 0.09%             | 2054-01-01      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| TULPEHOCKEN PA SCH DIST        | Tulpehocken Area School District                                                 | CUSIP: 899491NK6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $515981.40    | 0.08%             | 2049-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| AKRON BATH COPLEY JT TWP OH HO | Akron Bath Copley Joint Township Hospital District                               | CUSIP: 009730PN6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $107955.58    | 0.02%             | 2031-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ALABAMA ST PORT AUTH DOCKS FAC | State of Alabama Docks Department                                                | CUSIP: 010604CE4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1026758.20   | 0.16%             | 2032-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ALASKA ST MUNI BOND BANK AUTH  | Alaska Municipal Bond Bank Authority                                             | CUSIP: 01179R6V0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    580000 | PA      | $597864.70    | 0.10%             | 2045-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ALLEGAN MI PUBLIC SCH DIST     | Allegan Public School District                                                   | CUSIP: 017014MY4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $277113.60    | 0.04%             | 2037-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ARCADIA WI                     | City of Arcadia WI                                                               | CUSIP: 039223EJ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    245000 | PA      | $238081.10    | 0.04%             | 2027-03-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| ARIZONA ST INDL DEV AUTH EDU R | Arizona Industrial Development Authority                                         | CUSIP: 04052BAK0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     90000 | PA      | $90648.30     | 0.01%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ARKADELPHIA AR WTR & SWR REVEN | Arkadelphia Water & Sewer System                                                 | CUSIP: 040722BS8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    450000 | PA      | $455253.21    | 0.07%             | 2053-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ARLINGTON TX HGR EDU FIN CORP  | Arlington Higher Education Finance Corp                                          | CUSIP: 041806B90<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $489032.63    | 0.08%             | 2045-08-15      | Fixed         | 2.12%                 | No            |                  2 | On Loan: No      |
| ARLINGTON TX HGR EDU FIN CORP  | Arlington Higher Education Finance Corp                                          | CUSIP: 041806H45<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    440000 | PA      | $448312.48    | 0.07%             | 2036-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ARLINGTON TX HSG FIN CORP MF H | Arlington Housing Finance Corp                                                   | CUSIP: 041818AB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1815000 | PA      | $1828515.03   | 0.29%             | 2041-04-01      | Variable      | 4.50%                 | No            |                  2 | On Loan: No      |
| BEATRICE NE AREA SOL WST AGY   | Beatrice Area Solid Waste Agency                                                 | CUSIP: 074116CZ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $735003.68    | 0.12%             | 2050-03-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| BROOKFIELD WC&ID TX DENTON CNT | Brookfield Water Control & Improvement District                                  | CUSIP: 112898DA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $879135.20    | 0.14%             | 2049-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BROOKLYN OH CITY SCH DIST      | Brooklyn City School District                                                    | CUSIP: 114205FD4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1526834.25   | 0.24%             | 2038-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BROWARD CNTY FL PORT FACS REVE | County of Broward FL Port Facilities Revenue                                     | CUSIP: 11506KEP2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1019650.40   | 0.16%             | 2044-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BUILD NYC RESOURCE CORP NY REV | Build NYC Resource Corp                                                          | CUSIP: 12008EQY5<br>LEI: 549300GROJFKMNLWEK84 | Long             | DBT              | MUN               | US        |    300000 | PA      | $293743.26    | 0.05%             | 2031-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BUILD NYC RESOURCE CORP NY REV | Build NYC Resource Corp                                                          | CUSIP: 12008EWQ5<br>LEI: 549300GROJFKMNLWEK84 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1051344.30   | 0.17%             | 2056-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA CMNTY CHOICE FING A | California Community Choice Financing Authority                                  | CUSIP: 13013JAX4<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1022862.60   | 0.16%             | 2052-10-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA CMNTY CHOICE FING A | California Community Choice Financing Authority                                  | CUSIP: 13013JGS9<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2101895.00   | 0.33%             | 2028-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA HSG FIN AGY MUNI CT | California Housing Finance Agency                                                | CUSIP: 13033DAL9<br>LEI: 549300BOPCVLBA552Z14 | Long             | DBT              | MUN               | US        |    489385 | PA      | $500045.39    | 0.08%             | 2036-09-20      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST POLL CONTROL FIN | California Pollution Control Financing Authority                                 | CUSIP: 13054WAN7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $259223.18    | 0.04%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CAPE CORAL FL UTILITY IMPT ASS | City of Cape Coral FL Water & Sewer Revenue                                      | CUSIP: 13937XER5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    990000 | PA      | $1054193.58   | 0.17%             | 2054-03-01      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| CENTRL PLAINS ENERGY PROJ NE G | Central Plains Energy Project                                                    | CUSIP: 154871CW5<br>LEI: SVQOT7V5CPLIGNP5BE29 | Long             | DBT              | MUN               | US        |    750000 | PA      | $803544.68    | 0.13%             | 2054-05-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| CHATTANOOGA TN HLTH EDUCTNL &H | Chattanooga Health Educational & Housing Facility Board                          | CUSIP: 162410EE0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $264273.10    | 0.04%             | 2033-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHATTANOOGA TN HLTH EDUCTNL &H | Chattanooga Health Educational & Housing Facility Board                          | CUSIP: 162410EN0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    870000 | PA      | $707530.11    | 0.11%             | 2044-08-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| CHESTER CNTY PA INDL DEV AUTHS | Chester County Industrial Development Authority                                  | CUSIP: 16559PAS4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    145000 | PA      | $144933.91    | 0.02%             | 2035-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHICAGO IL BRD OF EDU DEDICATE | Chicago Board of Education Dedicated Capital Improvement Tax                     | CUSIP: 167510AX4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    375000 | PA      | $410337.53    | 0.07%             | 2034-04-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CHICAGO IL O'HARE INTERNATIONA | Chicago O'Hare International Airport                                             | CUSIP: 167593Y48<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $310616.43    | 0.05%             | 2055-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CHICAGO IL WTRWKS REVENUE      | City of Chicago IL Waterworks Revenue                                            | CUSIP: 167736E37<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1050000 | PA      | $1073499.74   | 0.17%             | 2029-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHICAGO IL WTRWKS REVENUE      | City of Chicago IL Waterworks Revenue                                            | CUSIP: 167736L47<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1035787.20   | 0.16%             | 2034-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CHILTON CNTY AL HLTH CARE AUTH | Chilton County Health Care Authority                                             | CUSIP: 169309AM3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $99862.02     | 0.02%             | 2027-11-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CITIZENS MO MEMORIAL HOSP DIST | Citizens Memorial Hospital District                                              | CUSIP: 174762EV2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1005658.70   | 0.16%             | 2026-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CLAY CNTY MO SCH DIST #40 EXCE | Clay County School District No 40 Excelsior Springs                              | CUSIP: 183495BU3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $644032.20    | 0.10%             | 2039-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CLEVELAND-CUYAHOGA CNTY OH POR | Cleveland-Cuyahoga County Port Authority                                         | CUSIP: 186103LS4<br>LEI: 549300KI3FXFLUKF3A98 | Long             | DBT              | MUN               | US        |    350000 | PA      | $362158.69    | 0.06%             | 2052-08-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| COLLIN CNTY TX MUNI UTILITY DI | Collin County Municipal Utility District No 2                                    | CUSIP: 19474PFP1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1036720.30   | 0.17%             | 2038-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLORADO BRIDGE & TUNNEL ENTER | Colorado Bridge & Tunnel Enterprise                                              | CUSIP: 19633TAZ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3250000 | PA      | $3444950.60   | 0.55%             | 2050-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| COLORADO ST EDUCTNL & CULTURAL | Colorado Educational & Cultural Facilities Authority                             | CUSIP: 19645R8B0<br>LEI: 549300BJRX2FHSSZP042 | Long             | DBT              | MUN               | US        |     75000 | PA      | $76745.49     | 0.01%             | 2038-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLORADO ST EDUCTNL & CULTURAL | Colorado Educational & Cultural Facilities Authority                             | CUSIP: 19645RN98<br>LEI: 549300BJRX2FHSSZP042 | Long             | DBT              | MUN               | US        |    350000 | PA      | $332667.30    | 0.05%             | 2028-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLORADO ST EDUCTNL & CULTURAL | Colorado Educational & Cultural Facilities Authority                             | CUSIP: 19645RP39<br>LEI: 549300BJRX2FHSSZP042 | Long             | DBT              | MUN               | US        |    420000 | PA      | $386320.75    | 0.06%             | 2030-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLORADO ST BLDG EXCELLENT SCH | State of Colorado                                                                | CUSIP: 19668QHQ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1011460.50   | 0.16%             | 2042-03-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| COLUMBUS OH REGL ARPT AUTH REV | Columbus Regional Airport Authority                                              | CUSIP: 199546CS9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1636647.45   | 0.26%             | 2036-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CMNTY TX INDEP SCH DIST        | Community Independent School District/TX                                         | CUSIP: 203714US7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    625000 | PA      | $646651.63    | 0.10%             | 2055-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COOS CNTY OR SCH DIST #9 COOS  | Coos County School District No 9 Coos Bay                                        | CUSIP: 21709EBP3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1020321.10   | 0.16%             | 2043-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CUDAHY WI SCH DIST             | Cudahy School District/WI                                                        | CUSIP: 229768MB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    940000 | PA      | $970488.24    | 0.15%             | 2043-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DALHART TX INDEP SCH DIST      | Dalhart Independent School District                                              | CUSIP: 234451FA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1056961.60   | 0.17%             | 2041-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DELAWARE CNTY OH FIN AUTH TIF  | Delaware County Finance Authority                                                | CUSIP: 24588AAB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    675000 | PA      | $678629.88    | 0.11%             | 2038-12-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| DELAWARE CNTY PA REGL WTR QUAL | Delaware County Regional Water Quality Control Authority                         | CUSIP: 246045NF1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $756104.93    | 0.12%             | 2041-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DENTON TX INDEP SCH DIST       | Denton Independent School District                                               | CUSIP: 249002NL6<br>LEI: 5493005I9W678SUI0Z07 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1065953.70   | 0.17%             | 2055-08-15      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| DETROIT MI                     | City of Detroit MI                                                               | CUSIP: 2510936E5<br>LEI: 549300BQRJP7MKKHOY28 | Long             | DBT              | MUN               | US        |    790000 | PA      | $859888.38    | 0.14%             | 2043-05-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| DIST OF COLUMBIA INCOME TAX SE | District of Columbia Income Tax Revenue                                          | CUSIP: 25477GUV5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1066846.60   | 0.17%             | 2047-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| DOWNTOWN REVITALIZATION PUBLIC | Downtown Revitalization Public Infrastructure District                           | CUSIP: 26118TAP5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $627686.52    | 0.10%             | 2039-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| EHOVE OH JT VOCATIONAL SCH DIS | EHOVE Joint Vocational School District                                           | CUSIP: 282407CE3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1800000 | PA      | $1888933.50   | 0.30%             | 2050-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ELKTON PIGEON BAY PORT MI SCHD | Elkton-Pigeon-Bay Port Laker Schools                                             | CUSIP: 288101GJ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $530252.70    | 0.08%             | 2044-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MTGE CORP MF | FHLMC Multifamily VRD Certificates                                               | CUSIP: 31350ACS5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    435000 | PA      | $386742.41    | 0.06%             | 2035-06-15      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MTGE CORP MU | Freddie Mac Multifamily ML Certificates                                          | CUSIP: 3137H9JM2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | MUN               | US        |    695670 | PA      | $646781.68    | 0.10%             | 2036-07-25      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MTGE CORP MU | Freddie Mac Multifamily ML Certificates                                          | CUSIP: 3137HH6N6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | MUN               | US        |    496001 | PA      | $437755.14    | 0.07%             | 2038-12-25      | Variable      | 3.16%                 | No            |                  2 | On Loan: No      |
| FLORIDA ST DEV FIN CORP SOL WS | Florida Development Finance Corp                                                 | CUSIP: 34061XAH5<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1999261.20   | 0.32%             | 2050-09-01      | Variable      | 3.40%                 | No            |                  2 | On Loan: No      |
| FRANKLIN IN SEWAGE WKS REVENUE | City of Franklin IN Sewage Works Revenue                                         | CUSIP: 353606FG6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $638259.90    | 0.10%             | 2041-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FRASER MI PUBLIC SCHS DIST     | Fraser Public School District                                                    | CUSIP: 355514PP9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    180000 | PA      | $196247.52    | 0.03%             | 2039-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FRASER MI PUBLIC SCHS DIST     | Fraser Public School District                                                    | CUSIP: 355514PU8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    475000 | PA      | $492276.75    | 0.08%             | 2048-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GRAND TRAVERSE CNTY MI HOSP FI | Grand Traverse County Hospital Finance Authority                                 | CUSIP: 386523GW8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    710000 | PA      | $720219.67    | 0.11%             | 2044-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GTR ASHEVILLE REGL ARPT AUTH N | Greater Asheville Regional Airport Authority                                     | CUSIP: 39160CAM9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $374400.92    | 0.06%             | 2038-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| GTR ASHEVILLE REGL ARPT AUTH N | Greater Asheville Regional Airport Authority                                     | CUSIP: 39160CAS6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $518153.15    | 0.08%             | 2047-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| GTR ASHEVILLE REGL ARPT AUTH N | Greater Asheville Regional Airport Authority                                     | CUSIP: 39160CBL0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1038034.50   | 0.17%             | 2043-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| GREENVILLE TX ELEC UTILITY SYS | City of Greenville TX Electric System Revenue                                    | CUSIP: 396706JB0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1040045.20   | 0.17%             | 2049-02-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| GRIFFIN GA COMB PUBLIC UTILITY | City of Griffin GA Public Utility Revenue                                        | CUSIP: 398192ET7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2050000 | PA      | $2130286.00   | 0.34%             | 2051-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GULFPORT MS HOSP FAC REVENUE   | City of Gulfport MS                                                              | CUSIP: 402682CL0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $100934.92    | 0.02%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GWINNETT CNTY GA SCH DIST      | Gwinnett County School District                                                  | CUSIP: 403755V81<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1562283.00   | 0.25%             | 2040-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HAMMOND IN LOCAL PUBLIC IMPT B | Hammond Local Public Improvement Bond Bank                                       | CUSIP: 408394HG2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $529888.30    | 0.08%             | 2036-07-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| HARRIS CNTY-HOUSTON TX SPORTSA | Harris County-Houston Sports Authority                                           | CUSIP: 413890FX7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $498100.30    | 0.08%             | 2025-11-15      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| HARRIS CNTY TX CULTURAL EDU FA | Harris County Cultural Education Facilities Finance Corp                         | CUSIP: 414008CZ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2800000 | PA      | $3049840.92   | 0.49%             | 2054-11-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| HATBORO-HORSHAM PA SCH DIST    | Hatboro-Horsham School District                                                  | CUSIP: 418780UV2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2390000 | PA      | $2525281.17   | 0.40%             | 2045-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HAZLETON PA                    | City of Hazleton PA                                                              | CUSIP: 421866DQ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2006937.20   | 0.32%             | 2045-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HEMPFIELD PA SCH DIST          | Hempfield School District                                                        | CUSIP: 423745M62<br>LEI: 549300EP6K1OLA8FG265 | Long             | DBT              | MUN               | US        |    150000 | PA      | $141805.68    | 0.02%             | 2030-04-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| HIGHLANDS PA SCH DIST          | Highlands School District                                                        | CUSIP: 431095MS4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    610000 | PA      | $673759.88    | 0.11%             | 2032-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HORACE ND                      | City of Horace ND                                                                | CUSIP: 440365HH0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $497080.75    | 0.08%             | 2048-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HORACE ND                      | City of Horace ND                                                                | CUSIP: 440365HS6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $517476.45    | 0.08%             | 2049-05-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| HOWARD-SUAMICO WI SCH DIST     | Howard-Suamico School District/WI                                                | CUSIP: 442841MP4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $671115.45    | 0.11%             | 2031-03-01      | Fixed         | 1.62%                 | No            |                  2 | On Loan: No      |
| HUFFMAN TX INDEP SCH DIST      | Huffman Independent School District                                              | CUSIP: 444348B54<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    620000 | PA      | $685267.83    | 0.11%             | 2040-02-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| HUNTINGTON NY LOCAL DEV CORP R | Huntington Local Development Corp                                                | CUSIP: 446490AS3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    195000 | PA      | $191654.74    | 0.03%             | 2027-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| IDAHO ST HLTH FACS AUTH REVENU | Idaho Health Facilities Authority                                                | CUSIP: 451295H44<br>LEI: 549300X43KY1C2WW0J97 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $915798.00    | 0.15%             | 2053-03-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| IDAHO ST HSG & FIN ASSN NONPRO | Idaho Housing & Finance Association                                              | CUSIP: 45129GGZ2<br>LEI: 5493002WM3NYB1LQB744 | Long             | DBT              | MUN               | US        |    340000 | PA      | $261824.79    | 0.04%             | 2042-05-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| IDAHO ST HSG & FIN ASSN NONPRO | Idaho Housing & Finance Association                                              | CUSIP: 45129GLM5<br>LEI: 5493002WM3NYB1LQB744 | Long             | DBT              | MUN               | US        |    450000 | PA      | $432452.12    | 0.07%             | 2039-05-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| IDAHO ST HSG & FIN ASSN        | Idaho Housing & Finance Association                                              | CUSIP: 45129WMW7<br>LEI: 5493002WM3NYB1LQB744 | Long             | DBT              | MUN               | US        |    488593 | PA      | $438197.15    | 0.07%             | 2046-02-21      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST FIN AUTH REVENUE   | Illinois Finance Authority                                                       | CUSIP: 45203HS45<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    300000 | PA      | $300061.95    | 0.05%             | 2039-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST FIN AUTH REVENUE   | Illinois Finance Authority                                                       | CUSIP: 45204EL71<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    640000 | PA      | $669362.43    | 0.11%             | 2033-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST FIN AUTH REVENUE   | Illinois Finance Authority                                                       | CUSIP: 45204EYW2<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    390000 | PA      | $399357.19    | 0.06%             | 2030-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST FIN AUTH REVENUE   | Illinois Finance Authority                                                       | CUSIP: 45204FN84<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |     70000 | PA      | $72397.86     | 0.01%             | 2036-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST FIN AUTH REVENUE   | Illinois Finance Authority                                                       | CUSIP: 45204FP66<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    330000 | PA      | $336555.68    | 0.05%             | 2036-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST TOLL HIGHWAY AUTH  | Illinois State Toll Highway Authority                                            | CUSIP: 452252PQ6<br>LEI: 549300ISBFGI8MJJKM98 | Long             | DBT              | MUN               | US        |    580000 | PA      | $598059.40    | 0.10%             | 2045-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| INDIANA FIN AUTH EDUCTNL FACS  | Indiana Finance Authority                                                        | CUSIP: 45470EDH5<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |    500000 | PA      | $532311.40    | 0.08%             | 2048-06-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| INDIANA ST FIN AUTH HLTH SYS R | Indiana Finance Authority                                                        | CUSIP: 45470YGE5<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1114061.90   | 0.18%             | 2063-10-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| INDIANA ST HLTH & EDUCTNL FAC  | Indiana Health & Educational Facilities Financing Authority                      | CUSIP: 454795FH3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $100434.05    | 0.02%             | 2046-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| INDIANA ST FIN AUTH POLL CONTR | Indiana Finance Authority                                                        | CUSIP: 45505VAE6<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |    100000 | PA      | $95275.35     | 0.02%             | 2030-11-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| INDIANA ST HSG & CMNTY DEV AUT | Indiana Housing & Community Development Authority                                | CUSIP: 45506CBX4<br>LEI: 549300QRKDYVNHT1OE86 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1990527.00   | 0.32%             | 2041-11-01      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| INGLEWOOD CA UNIF SCH DIST     | Inglewood Unified School District                                                | CUSIP: 457110PJ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1112140.40   | 0.18%             | 2044-08-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| IOWA ST FIN AUTH MF REVENUE    | Iowa Finance Authority                                                           | CUSIP: 46246JNN1<br>LEI: 549300NQVL49BTHOW391 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $966918.20    | 0.15%             | 2042-11-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| KANKAKEE IL SWR REVENUE        | City of Kankakee IL Waterworks & Sewerage System                                 | CUSIP: 484458HQ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    595000 | PA      | $652678.53    | 0.10%             | 2033-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KANSAS CITY MO                 | City of Kansas City MO                                                           | CUSIP: 484873UQ5<br>LEI: 549300EGAE3I3XU7XE19 | Long             | DBT              | MUN               | US        |    400000 | PA      | $435277.00    | 0.07%             | 2040-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KANSAS CITY MO                 | City of Kansas City MO                                                           | CUSIP: 484873UR3<br>LEI: 549300EGAE3I3XU7XE19 | Long             | DBT              | MUN               | US        |    600000 | PA      | $646434.24    | 0.10%             | 2041-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KANSAS CITY MO                 | City of Kansas City MO                                                           | CUSIP: 484873US1<br>LEI: 549300EGAE3I3XU7XE19 | Long             | DBT              | MUN               | US        |    700000 | PA      | $747082.77    | 0.12%             | 2042-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KENDALL CNTY TX WC&ID #2A      | Kendall County Water Control & Improvement District No 2A                        | CUSIP: 48872TJC5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    510000 | PA      | $517836.20    | 0.08%             | 2046-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KENTON CNTY KY ARPT BRD        | Kenton County Airport Board                                                      | CUSIP: 491026VU1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    800000 | PA      | $877621.36    | 0.14%             | 2031-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KENTUCKY ST ECON DEV FIN AUTH  | Kentucky Economic Development Finance Authority                                  | CUSIP: 49126VCJ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $185500.50    | 0.03%             | 2027-10-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| KEWASKUM WI                    | Village of Kewaskum WI                                                           | CUSIP: 492800FL6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    645000 | PA      | $628653.96    | 0.10%             | 2037-04-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| KING CNTY WA                   | County of King WA                                                                | CUSIP: 49474F6Y1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    755000 | PA      | $812454.97    | 0.13%             | 2043-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KING CNTY WA                   | County of King WA                                                                | CUSIP: 49474F6Z8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    795000 | PA      | $850651.99    | 0.14%             | 2044-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KYLE TX                        | City of Kyle TX                                                                  | CUSIP: 501552QP1<br>LEI: 549300K0SYODYQ0ANN48 | Long             | DBT              | MUN               | US        |    725000 | PA      | $763264.20    | 0.12%             | 2042-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KYLE TX                        | City of Kyle TX                                                                  | CUSIP: 501552QS5<br>LEI: 549300K0SYODYQ0ANN48 | Long             | DBT              | MUN               | US        |    500000 | PA      | $520940.60    | 0.08%             | 2045-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CA DEPT OF WTR & P | Los Angeles Department of Water & Power Water System Revenue                     | CUSIP: 544525WZ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1385000 | PA      | $1428935.25   | 0.23%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MARGARETTA OH LOCAL SCH DIST C | Margaretta Local School District                                                 | CUSIP: 566575AU0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1600000 | PA      | $1673137.92   | 0.27%             | 2050-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST EDUCTNL FING  | Massachusetts Educational Financing Authority                                    | CUSIP: 57563RSJ9<br>LEI: 5493007K5OP7V6CL0Y88 | Long             | DBT              | MUN               | US        |    810000 | PA      | $665319.50    | 0.11%             | 2037-07-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| MATAGORDA CNTY TX NAV DIST #1  | Matagorda County Navigation District No 1                                        | CUSIP: 576528CZ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1048203.40   | 0.17%             | 2030-05-01      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| MAYERS CA MEMORIAL HOSP DIST   | Mayers Memorial Hospital District                                                | CUSIP: 578037AG8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    160000 | PA      | $136325.86    | 0.02%             | 2029-08-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| MCKEESPORT PA AREA SCH DIST    | Mckeesport Area School District                                                  | CUSIP: 581408RX1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $289927.40    | 0.05%             | 2033-10-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| MCKINNEY TX MUNI UTILITY DIST  | Mckinney Municipal Utility District No 1                                         | CUSIP: 581732QR8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    260000 | PA      | $256458.15    | 0.04%             | 2034-09-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| MCLEAN CNTY IL CMNTY UNIT SCH  | McLean County Community Unit School District No 19 Ridgeview                     | CUSIP: 582009CJ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2006257.80   | 0.32%             | 2045-12-01      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| MERRILLVILLE IN REDEV AUTH LEA | Merrillville Redevelopment Authority                                             | CUSIP: 59027BEG1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    860000 | PA      | $913939.46    | 0.15%             | 2040-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MET GOVT NASHVILLE & DAVIDSON  | Metropolitan Government Nashville & Davidson County Health & Educational Facs Bd | CUSIP: 592029CL4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $721449.26    | 0.11%             | 2048-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| MET GOVT NASHVILLE & DAVIDSONC | Metropolitan Government Nashville & Davidson County Health & Educational Facs Bd | CUSIP: 592041WG8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1475000 | PA      | $1481278.49   | 0.24%             | 2040-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MET GOVT NASHVILLE & DAVIDSONC | Metropolitan Government Nashville & Davidson County Sports Authority             | CUSIP: 592090LF9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $556639.80    | 0.09%             | 2037-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MET PIER & EXPOSITION AUTH IL  | Metropolitan Pier & Exposition Authority                                         | CUSIP: 592247FZ8<br>LEI: 254900I3VDCQ58UGBR15 | Long             | DBT              | MUN               | US        |   1015000 | PA      | $932395.75    | 0.15%             | 2028-06-15      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| MET PIER & EXPOSITION AUTH IL  | Metropolitan Pier & Exposition Authority                                         | CUSIP: 592247GA2<br>LEI: 254900I3VDCQ58UGBR15 | Long             | DBT              | MUN               | US        |    100000 | PA      | $88837.27     | 0.01%             | 2029-06-15      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| MET PIER & EXPOSITION AUTH IL  | Metropolitan Pier & Exposition Authority                                         | CUSIP: 592250CX0<br>LEI: 254900I3VDCQ58UGBR15 | Long             | DBT              | MUN               | US        |    150000 | PA      | $110848.02    | 0.02%             | 2042-12-15      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| MIAMI-DADE CNTY FL HSG FIN AUT | Miami-Dade County Housing Finance Authority                                      | CUSIP: 593344BZ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $997794.30    | 0.16%             | 2046-03-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| MINNESOTA ST HSG FIN AGY       | Minnesota Housing Finance Agency                                                 | CUSIP: 60416UBB0<br>LEI: 549300R89XDTQBK4GE22 | Long             | DBT              | MUN               | US        |    705000 | PA      | $777048.96    | 0.12%             | 2054-07-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| MISSISSIPPI ST DEV BANK SPL OB | Mississippi Development Bank                                                     | CUSIP: 60534WRD2<br>LEI: 549300122LOI8CB50V38 | Long             | DBT              | MUN               | US        |    100000 | PA      | $100226.83    | 0.02%             | 2030-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MISSISSIPPI ST DEV BANK SPL OB | Mississippi Development Bank                                                     | CUSIP: 60534WYD4<br>LEI: 549300122LOI8CB50V38 | Long             | DBT              | MUN               | US        |    150000 | PA      | $147497.67    | 0.02%             | 2045-03-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| MISSOURI ST HLTH & EDUCTNL FAC | Health & Educational Facilities Authority of the State of Missouri               | CUSIP: 60637AHU9<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1202480.40   | 0.19%             | 2032-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MOBILE AL                      | City of Mobile AL                                                                | CUSIP: 6071144C6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1648854.45   | 0.26%             | 2040-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MONARCH-CHESTERFIELD MO LEVEE  | Monarch-Chesterfield Levee District                                              | CUSIP: 609040FZ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $955277.60    | 0.15%             | 2044-03-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| MONTGOMERY CNTY PA INDL DEV AU | Montgomery County Industrial Development Authority/PA                            | CUSIP: 61360PAW0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2000000.00   | 0.32%             | 2029-11-15      | Variable      | 2.50%                 | No            |                  2 | On Loan: No      |
| MONTGOMERY CNTY TX MUNI UTILIT | Montgomery County Municipal Utility District No 88                               | CUSIP: 61370LHF7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $465614.85    | 0.07%             | 2047-09-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| MUSKOGEE OK INDL TRUST EDUCTNL | Muskogee Industrial Trust                                                        | CUSIP: 62813NBD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $502011.35    | 0.08%             | 2033-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NATIONAL FIN AUTH NH MUNI CTFS | New Hampshire Business Finance Authority                                         | CUSIP: 63607WAC8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    478530 | PA      | $473062.38    | 0.08%             | 2036-09-20      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| NEW HAMPSHIRE ST BUSINESS FIN  | New Hampshire Business Finance Authority                                         | CUSIP: 644684HF2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $508610.70    | 0.08%             | 2050-04-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| NEW MEMPHIS ARENA PUBLIC BLDG  | New Memphis Arena Public Building Authority                                      | CUSIP: 64704CAU2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    480000 | PA      | $475881.41    | 0.08%             | 2030-04-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK CITY NY TRANSITIONAL  | New York City Transitional Finance Authority Future Tax Secured Revenue          | CUSIP: 64971XDJ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1045889.70   | 0.17%             | 2035-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK CITY NY TRANSITIONAL  | New York City Transitional Finance Authority Building Aid Revenue                | CUSIP: 64972HS86<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1020181.90   | 0.16%             | 2045-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK CITY NY TRANSITIONAL  | New York City Transitional Finance Authority                                     | CUSIP: 64972JLZ9<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |   1980000 | PA      | $2165986.94   | 0.34%             | 2040-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST ENVRNMNTL FACS COR | New York State Environmental Facilities Corp                                     | CUSIP: 649852AT7<br>LEI: 549300QJ33JJW73OQO60 | Long             | DBT              | MUN               | US        |    500000 | PA      | $520910.25    | 0.08%             | 2050-09-01      | Variable      | 5.12%                 | No            |                  2 | On Loan: No      |
| NEWARK NJ PKG AUTH LEASE REVEN | Newark Parking Authority/The                                                     | CUSIP: 650392AL7<br>LEI: 549300GCUIIQ6TYN0S75 | Long             | DBT              | MUN               | US        |    340000 | PA      | $348820.18    | 0.06%             | 2051-02-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| NORTH CAROLINA ST HSG FIN AGY  | North Carolina Housing Finance Agency                                            | CUSIP: 658207ZU2<br>LEI: EC4EE0PS5OP5O69B5C39 | Long             | DBT              | MUN               | US        |    460000 | PA      | $374841.12    | 0.06%             | 2040-07-01      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| N ESTRN IL UNIV COPS           | Northeastern Illinois University                                                 | CUSIP: 66442RDS3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1625000 | PA      | $1660025.25   | 0.26%             | 2050-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| N W HARRIS CNTY TX MUNI UTILIT | Northwest Harris County Municipal Utility District No 5/TX                       | CUSIP: 667488QZ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $346009.51    | 0.06%             | 2028-05-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| NOWATA CNTY OK EDUCTNL FACS AU | Nowata County Educational Facilities Authority                                   | CUSIP: 67010GAQ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1260000 | PA      | $1316877.91   | 0.21%             | 2038-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OHIO ST AIR QUALITY DEV AUTH   | Ohio Air Quality Development Authority                                           | CUSIP: 677525WU7<br>LEI: 549300DZUU80AYOR6M80 | Long             | DBT              | MUN               | US        |    520000 | PA      | $530200.89    | 0.08%             | 2030-09-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| OHIO ST HOSP REVENUE           | State of Ohio                                                                    | CUSIP: 67756CFH6<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2000000.00   | 0.32%             | 2051-01-15      | Variable      | 3.15%                 | No            |                  2 | On Loan: No      |
| OHIO ST HSG FIN AGY RSDL MTGE  | Ohio Housing Finance Agency                                                      | CUSIP: 67756QD20<br>LEI: 549300K10X7VPG6JVX38 | Long             | DBT              | MUN               | US        |    800000 | PA      | $616235.04    | 0.10%             | 2045-09-01      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| OKEMOS MI PUBLIC SCH DIST      | Okemos Public Schools                                                            | CUSIP: 678467PA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $328739.37    | 0.05%             | 2040-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OKLAHOMA ST TURNPIKE AUTH      | Oklahoma Turnpike Authority                                                      | CUSIP: 679111D27<br>LEI: 549300J83EP2PBDYH615 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1058449.60   | 0.17%             | 2053-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| OKLAHOMA ST TURNPIKE AUTH      | Oklahoma Turnpike Authority                                                      | CUSIP: 679111F66<br>LEI: 549300J83EP2PBDYH615 | Long             | DBT              | MUN               | US        |    250000 | PA      | $278366.25    | 0.04%             | 2039-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OREGON ST FACS AUTH REVENUE    | Oregon State Facilities Authority                                                | CUSIP: 68608JWC1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1002980.50   | 0.16%             | 2032-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PALM BEACH CNTY FL EDUCTNL FAC | Palm Beach County Educational Facilities Authority                               | CUSIP: 696506AL8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    260000 | PA      | $261950.60    | 0.04%             | 2027-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PARADISE CA UNIF SCH DIST COPS | Paradise Unified School District                                                 | CUSIP: 699042BW6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    405000 | PA      | $412636.44    | 0.07%             | 2040-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PECOS BARSTOW TOYAH TX INDEP S | Pecos Barstow Toyah Independent School District                                  | CUSIP: 705227HS8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1008532.00   | 0.16%             | 2042-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PEND OREILLE CNTY WA PUBLIC UT | Pend Oreille County Public Utility District No 1 Box Canyon                      | CUSIP: 706643DS9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $154843.40    | 0.02%             | 2038-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST ECON DEV FING  | Pennsylvania Economic Development Financing Authority                            | CUSIP: 70870JGY8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1099933.30   | 0.18%             | 2060-03-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA HGR EDU ASSISTANC | Pennsylvania Higher Education Assistance Agency                                  | CUSIP: 70878CBH7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    870000 | PA      | $847514.94    | 0.13%             | 2045-06-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST HGR EDUCTNL FA | Pennsylvania Higher Educational Facilities Authority                             | CUSIP: 709181CA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $145575.18    | 0.02%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST TURNPIKE COMMI | Pennsylvania Turnpike Commission                                                 | CUSIP: 709224AY5<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |   1605000 | PA      | $1525806.25   | 0.24%             | 2041-12-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST TURNPIKE COMMI | Pennsylvania Turnpike Commission                                                 | CUSIP: 709224DP1<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |     50000 | PA      | $52487.61     | 0.01%             | 2039-12-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| PHELPS CNTY MO HOSP REVENUE    | County of Phelps MO                                                              | CUSIP: 717252DB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $531878.30    | 0.08%             | 2055-12-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| PHILADELPHIA PA ARPT REVENUE   | City of Philadelphia PA Airport Revenue                                          | CUSIP: 717817UE8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $769947.68    | 0.12%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PHILADELPHIA PA WTR & WSTWTR R | City of Philadelphia PA Water & Wastewater Revenue                               | CUSIP: 7178933X7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1060786.80   | 0.17%             | 2054-09-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| PHOENIX AZ INDL DEV AUTH LEASE | Industrial Development Authority of the City of Phoenix Arizona/The              | CUSIP: 71885MBU5<br>LEI: 549300A62PWFBDWB8332 | Long             | DBT              | MUN               | US        |   1195000 | PA      | $1236770.75   | 0.20%             | 2044-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PLATTE CNTY MO REORG SCH DIST# | Platte County R-III School District                                              | CUSIP: 727717LF5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1675000 | PA      | $1931938.97   | 0.31%             | 2044-03-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| POLK CNTY IA                   | County of Polk IA                                                                | CUSIP: 7311972D0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1615157.70   | 0.26%             | 2036-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| POLK CNTY IA                   | County of Polk IA                                                                | CUSIP: 7311972G3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1435000 | PA      | $1510776.75   | 0.24%             | 2039-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PORT OF MORROW OR              | Port of Morrow OR                                                                | CUSIP: 73473RFG5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1499981.55   | 0.24%             | 2026-10-01      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WI REVENUE     | Public Finance Authority                                                         | CUSIP: 74442PN92<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    500000 | PA      | $470724.10    | 0.07%             | 2054-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WI REVENUE     | Public Finance Authority                                                         | CUSIP: 74442PQS7<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    460000 | PA      | $445590.68    | 0.07%             | 2029-01-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WI HLTHCARE FA | Public Finance Authority                                                         | CUSIP: 74444KAY0<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    550000 | PA      | $590935.68    | 0.09%             | 2031-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WI HLTHCARE FA | Public Finance Authority                                                         | CUSIP: 74444KBD5<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    500000 | PA      | $524764.70    | 0.08%             | 2036-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| RHODE ISLAND ST STUDENT LOAN A | Rhode Island Student Loan Authority                                              | CUSIP: 762323DQ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1073111.40   | 0.17%             | 2032-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| RIDLEY PA SCH DIST AUTH SCH RE | Ridley School District                                                           | CUSIP: 766360BH3<br>LEI: 549300YUHUQO2URNGZ44 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1527233.85   | 0.24%             | 2050-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| RIO GRANDE CITY TX CONSOL INDE | Rio Grande City Consolidated Independent School District                         | CUSIP: 767057RD6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $240951.48    | 0.04%             | 2034-08-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| ROCKFORD MI PUBLIC SCH DIST    | Rockford Public Schools                                                          | CUSIP: 773318WV8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $538600.95    | 0.09%             | 2040-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SACRAMENTO CITY CA UNIF SCH DI | Sacramento City Unified School District/CA                                       | CUSIP: 785870E85<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2110000 | PA      | $2238260.78   | 0.36%             | 2047-08-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| SAINT CLAIR CNTY IL SCH DIST # | St Clair County School District No 118 Belleville                                | CUSIP: 788448JY5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1125000 | PA      | $1252492.09   | 0.20%             | 2037-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| SAINT CLAIR CNTY IL CMNTY UNIT | St Clair County Community Unit School District No 187 Cahokia                    | CUSIP: 788550MP3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1023487.00   | 0.16%             | 2049-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SAINT LOUIS MO INDL DEV AUTH   | Industrial Development Authority of the City of St Louis Missouri/The            | CUSIP: 791900FX6<br>LEI: 549300WTUL8KX1FOUZ40 | Long             | DBT              | MUN               | US        |    770000 | PA      | $772816.04    | 0.12%             | 2046-04-01      | Variable      | 3.15%                 | No            |                  2 | On Loan: No      |
| SAINT PAUL MN HSG & REDEV AUTH | Housing & Redevelopment Authority of The City of St Paul Minnesota               | CUSIP: 792893HX0<br>LEI: 549300FQCUW4VH929113 | Long             | DBT              | MUN               | US        |    150000 | PA      | $154376.07    | 0.02%             | 2036-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SALEM OR HOSP FAC AUTH REVENUE | Salem Hospital Facility Authority                                                | CUSIP: 794458FP9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $52826.38     | 0.01%             | 2034-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SALINE MI AREA SCHS            | Saline Area Schools                                                              | CUSIP: 795200MJ0<br>LEI: 549300COVKKGR0VUE860 | Long             | DBT              | MUN               | US        |    650000 | PA      | $705199.04    | 0.11%             | 2041-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SALINE MI AREA SCHS            | Saline Area Schools                                                              | CUSIP: 795200ML5<br>LEI: 549300COVKKGR0VUE860 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1067304.60   | 0.17%             | 2043-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SALT LAKE CITY UT ARPT REVENUE | City of Salt Lake City UT Airport Revenue                                        | CUSIP: 795576FT9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $510739.05    | 0.08%             | 2034-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SALT VERDE AZ FINANCIAL CORP S | Salt Verde Financial Corp                                                        | CUSIP: 79575EAM0<br>LEI: 549300VEWOZY6TQOIF03 | Long             | DBT              | MUN               | US        |   1545000 | PA      | $1576241.29   | 0.25%             | 2026-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| SAN ANGELO TX INDEP SCH DIST   | San Angelo Independent School District                                           | CUSIP: 796116UE9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2183094.20   | 0.35%             | 2040-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SANGAMON & CHRISTIAN CNTYS IL  | Sangamon & Christian Counties Community Unit School District No 3A Rochester     | CUSIP: 800722GQ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    450000 | PA      | $491543.15    | 0.08%             | 2038-02-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| SARASOTA CNTY FL UTILITY SYS R | County of Sarasota FL Utility System Revenue                                     | CUSIP: 803321RL4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1063534.40   | 0.17%             | 2047-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| SHAKER HEIGHTS OH CITY SCH DIS | Shaker Heights City School District                                              | CUSIP: 819071SF9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $544763.65    | 0.09%             | 2040-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SNOHOMISH CNTY WA HSG AUTH     | Snohomish County Housing Authority                                               | CUSIP: 83309AGJ4<br>LEI: 549300FESB68D2IR7250 | Long             | DBT              | MUN               | US        |    500000 | PA      | $512722.55    | 0.08%             | 2033-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SOUTH CAROLINA ST JOBS-ECON DE | South Carolina Jobs-Economic Development Authority                               | CUSIP: 837031C43<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |   2005000 | PA      | $1010989.57   | 0.16%             | 2051-03-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| S MIAMI FL HLTH FACS AUTH      | City Of South Miami Health Facilities Authority Inc                              | CUSIP: 838810EM7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1098963.10   | 0.17%             | 2065-08-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| SOUTHEAST ENERGY AUTHORITY A C | Southeast Energy Authority A Cooperative District                                | CUSIP: 84136HAB9<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |    300000 | PA      | $312695.55    | 0.05%             | 2027-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SOUTHEAST ENERGY AUTHORITY A C | Southeast Energy Authority A Cooperative District                                | CUSIP: 84136HAU7<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |    650000 | PA      | $685121.06    | 0.11%             | 2035-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SOUTHEAST ENERGY AUTHORITY A C | Southeast Energy Authority A Cooperative District                                | CUSIP: 84136HCM3<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |    325000 | PA      | $354595.77    | 0.06%             | 2033-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SOUTHEAST ENERGY AUTHORITY A C | Southeast Energy Authority A Cooperative District                                | CUSIP: 84136HCP6<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1375642.38   | 0.22%             | 2035-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| S WSTRN IL DEV AUTH REV        | Southwestern Illinois Development Authority                                      | CUSIP: 84552YTM3<br>LEI: 549300B1KLLJ8NU5XK71 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1058377.20   | 0.17%             | 2050-04-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| SPALDING CNTY GA WTR & SEWERAG | Spalding County Water & Sewer Facilities Authority                               | CUSIP: 846378EE3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    630000 | PA      | $638529.38    | 0.10%             | 2050-06-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| SAINT LOUIS MO LAND CLEARANCE  | St Louis Land Clearance for Redevelopment Authority                              | CUSIP: 85233SAJ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $25058.25     | 0.00%             | 2026-06-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| STATE PUBLIC SCH BLDG AUTH PA  | State Public School Building Authority                                           | CUSIP: 85732GUG3<br>LEI: 5493006JN0UR7OGWTO86 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1530409.05   | 0.24%             | 2032-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| STATE PUBLIC SCH BLDG AUTH PAS | State Public School Building Authority                                           | CUSIP: 85732TLW0<br>LEI: 5493006JN0UR7OGWTO86 | Long             | DBT              | MUN               | US        |    200000 | PA      | $173361.74    | 0.03%             | 2030-05-15      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| STEELTON HIGHSPIRE PA SCH DIST | Steelton-Highspire School District                                               | CUSIP: 858292HE8<br>LEI: 549300HB6R4PHNRLCN40 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1003319.60   | 0.16%             | 2026-06-30      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| TENNERGY CORP TN GAS REVENUE   | Tennergy Corp/TN                                                                 | CUSIP: 880397CF9<br>LEI: 5493008K3JJFBSC4C235 | Long             | DBT              | MUN               | US        |    400000 | PA      | $431688.96    | 0.07%             | 2053-10-01      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| TENNESSEE ST ENERGY ACQUISITIO | Tennessee Energy Acquisition Corp                                                | CUSIP: 880443JM9<br>LEI: 549300OJ2Z8PGEY46K92 | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1405930.37   | 0.22%             | 2035-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UNIV OF AKRON OH               | University of Akron/The                                                          | CUSIP: 914023LN4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1006299.50   | 0.16%             | 2036-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UNIV CITY MO INDL DEV AUTH TAX | University City Industrial Development Authority                                 | CUSIP: 91414PAB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $496420.55    | 0.08%             | 2042-06-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| UNIV OF HOUSTON TX UNIV REVENU | University of Houston                                                            | CUSIP: 914302JF2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1812628.80   | 0.29%             | 2032-02-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| UTAH ST HSG CORP               | Utah Housing Corp                                                                | CUSIP: 91743PEJ0<br>LEI: 549300YXWQEI0S47WI02 | Long             | DBT              | MUN               | US        |   1265694 | PA      | $1246204.56   | 0.20%             | 2052-10-21      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| VAIL HOME PARTNERS CORP CO HSG | Vail Home Partners Corp                                                          | CUSIP: 91879VAA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    625000 | PA      | $632433.00    | 0.10%             | 2045-10-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| VANCOUVER WA HSG AUTH          | Vancouver Housing Authority                                                      | CUSIP: 921626PT8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $492782.65    | 0.08%             | 2034-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| VIRGINIA MN                    | City of Virginia MN                                                              | CUSIP: 9278724M0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1001002.00   | 0.16%             | 2026-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| VIRIDIAN TX MUNI MGMT DIST     | Viridian Municipal Management District                                           | CUSIP: 92823PRB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $156082.35    | 0.02%             | 2037-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WALLED LAKE MI CONSOL SCH DIST | Walled Lake Consolidated School District                                         | CUSIP: 932423WT9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1029494.20   | 0.16%             | 2047-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WAUSAU WI SWR SYS REVENUE      | City of Wausau WI Sewer System Revenue                                           | CUSIP: 943368FS4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    860000 | PA      | $698745.18    | 0.11%             | 2039-05-01      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| WAYNE CNTY MI ARPT AUTH REVENU | Wayne County Airport Authority                                                   | CUSIP: 944514T81<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    450000 | PA      | $494212.32    | 0.08%             | 2038-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| WELD CNTY CO SCH DIST #RE-4    | Weld County School District No RE-4                                              | CUSIP: 949232FB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1063223.30   | 0.17%             | 2047-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| WEST MEMPHIS AR PUBLIC UTILITY | City of West Memphis AR Public Utility System Revenue                            | CUSIP: 954345FS8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    380000 | PA      | $308690.26    | 0.05%             | 2041-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| WHATCOM CNTY WA PUBLIC UTIL DI | Whatcom County Public Utility District No 1                                      | CUSIP: 962468FP4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1085601.50   | 0.17%             | 2037-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| WILL CNTY IL SCH DIST #114 MAN | Will County School District No 114 Manhattan                                     | CUSIP: 968838KJ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1055104.50   | 0.17%             | 2052-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| WILL CNTY IL CMNTY HIGH SCH DI | Will County Community High School District No 210 Lincoln-Way                    | CUSIP: 969073LB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    570000 | PA      | $435497.73    | 0.07%             | 2033-01-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| WILL CNTY IL CMNTY HIGH SCH DI | Will County Community High School District No 210 Lincoln-Way                    | CUSIP: 969073MT9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $100844.53    | 0.02%             | 2034-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| WINDY GAP FIRMING PROJ WTR ACT | Windy Gap Firming Project Water Activity Enterprise                              | CUSIP: 97381YAS9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1027892.80   | 0.16%             | 2046-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WISCONSIN ST HLTH & EDUCTNL FA | Wisconsin Health & Educational Facilities Authority                              | CUSIP: 97712DTW6<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1007599.60   | 0.16%             | 2030-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WISCONSIN ST HLTH & EDUCTNL FA | Wisconsin Health & Educational Facilities Authority                              | CUSIP: 97712DU20<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1510968.90   | 0.24%             | 2044-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WISCONSIN ST HLTH & EDUCTNL FA | Wisconsin Health & Educational Facilities Authority                              | CUSIP: 97712JJT1<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |    500000 | PA      | $513535.10    | 0.08%             | 2039-10-01      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| WISCONSIN ST HLTH & EDUCTNL FA | Wisconsin Health & Educational Facilities Authority                              | CUSIP: 97712JJU8<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |    500000 | PA      | $516676.10    | 0.08%             | 2044-10-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FLORIDA ST DEV FIN CORP EDU RE | Florida Development Finance Corp                                                 | CUSIP: 34061VAA4<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |    830000 | PA      | $833565.35    | 0.13%             | 2029-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| FORSYTH MT POLL CONTROL REVENU | City of Forsyth MT                                                               | CUSIP: 346668DN3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1020251.20   | 0.16%             | 2028-07-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| FORT BEND TX INDEP SCH DIST    | Fort Bend Independent School District                                            | CUSIP: 346843VT9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1023347.70   | 0.16%             | 2054-08-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| FRANKLIN IN SEWAGE WKS REVENUE | City of Franklin IN Sewage Works Revenue                                         | CUSIP: 353606FF8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $536429.80    | 0.09%             | 2040-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GARRARD CNTY KY SCH DIST FIN C | Garrard County School District Finance Corp                                      | CUSIP: 366375PM9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    810000 | PA      | $868242.08    | 0.14%             | 2037-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CA UNIF SCH DIST   | Los Angeles Unified School District/CA                                           | CUSIP: 544647FG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1543850.10   | 0.25%             | 2042-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| MAIN STREET NATURAL GAS INC GA | Main Street Natural Gas Inc                                                      | CUSIP: 56035DFC1<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |    250000 | PA      | $268979.98    | 0.04%             | 2053-07-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST               | Commonwealth of Massachusetts                                                    | CUSIP: 57582RMX1<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2029955.40   | 0.32%             | 2047-04-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST DEV FIN AGY R | Massachusetts Development Finance Agency                                         | CUSIP: 57584XPU9<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   1285000 | PA      | $1286692.60   | 0.20%             | 2033-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KENTUCKY ST PUBLIC ENERGY AUTH | Kentucky Public Energy Authority                                                 | CUSIP: 74440DCZ5<br>LEI: 549300XEJZWHYSY4SL55 | Long             | DBT              | MUN               | US        |    250000 | PA      | $251878.48    | 0.04%             | 2050-12-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| UNIV OF SOUTH ALABAMA AL UNIV  | University of South Alabama                                                      | CUSIP: 914845QK1<br>LEI: 549300U394SOV3NGG049 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1015768.00   | 0.16%             | 2033-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UTAH ST HSG CORP               | Utah Housing Corp                                                                | CUSIP: 91743PEP6<br>LEI: 549300YXWQEI0S47WI02 | Long             | DBT              | MUN               | US        |    554245 | PA      | $602547.16    | 0.10%             | 2052-12-21      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| UTAH ST HSG CORP               | Utah Housing Corp                                                                | CUSIP: 91743PET8<br>LEI: 549300YXWQEI0S47WI02 | Long             | DBT              | MUN               | US        |    342472 | PA      | $371243.63    | 0.06%             | 2053-05-21      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| VANCOUVER WA HSG AUTH          | Vancouver Housing Authority                                                      | CUSIP: 921626PU5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1001899.70   | 0.16%             | 2038-02-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| ARGYLE TX INDEP SCH DIST       | Argyle Independent School District                                               | CUSIP: 040319W35<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    885000 | PA      | $979735.09    | 0.16%             | 2041-08-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ARIZONA ST INDL DEV AUTH EDU R | Arizona Industrial Development Authority                                         | CUSIP: 04052BKB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $99368.96     | 0.02%             | 2030-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ARKANSAS ST DEV FIN AUTH HOSP  | Arkansas Development Finance Authority                                           | CUSIP: 04109FCM8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    790000 | PA      | $812676.24    | 0.13%             | 2036-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ARLINGTON CNTY VA INDL DEV AUT | Arlington County Industrial Development Authority                                | CUSIP: 041438HF2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1091445.50   | 0.17%             | 2053-07-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| ARLINGTON TX HGR EDU FIN CORP  | Arlington Higher Education Finance Corp                                          | CUSIP: 041806P38<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $981323.55    | 0.16%             | 2046-08-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| ASHEVILLE NC LIMITED OBLIG     | City of Asheville NC                                                             | CUSIP: 044037CQ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    575000 | PA      | $648409.33    | 0.10%             | 2038-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| AUBREY TX INDEP SCH DIST       | Aubrey Independent School District                                               | CUSIP: 050195ZN9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    645000 | PA      | $693522.06    | 0.11%             | 2040-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| AUSTIN TX ARPT SYS REVENUE     | City of Austin TX Airport System Revenue                                         | CUSIP: 052398FT6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $501731.85    | 0.08%             | 2041-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BIRMINGHAM AL SPL CARE FACS FI | Alabama Special Care Facilities Financing Authority-Birmingham AL                | CUSIP: 090929GE4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    110000 | PA      | $110140.00    | 0.02%             | 2026-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA HSG FIN AGY MUNI CT | California Housing Finance Agency                                                | CUSIP: 13033DAG0<br>LEI: 549300BOPCVLBA552Z14 | Long             | DBT              | MUN               | US        |    472099 | PA      | $475191.15    | 0.08%             | 2035-03-25      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA PUBLIC FIN AUTH SEN | California Public Finance Authority                                              | CUSIP: 13057GAP4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    130000 | PA      | $124855.52    | 0.02%             | 2054-06-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| GTR GREENVILLE SANTN DIST SC   | Greater Greenville Sanitation District                                           | CUSIP: 391812BF0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $937951.60    | 0.15%             | 2055-03-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| HARRIS CNTY TX MUNI UTILITY DI | Harris County Municipal Utility District No 285                                  | CUSIP: 413948XW5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    160000 | PA      | $137976.30    | 0.02%             | 2033-09-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| HINDS CNTY MS                  | County of Hinds MS                                                               | CUSIP: 433110PJ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $95572.29     | 0.02%             | 2034-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| STATE PUBLIC SCH BLDG AUTH PA  | State Public School Building Authority                                           | CUSIP: 85732GUH1<br>LEI: 5493006JN0UR7OGWTO86 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1527988.20   | 0.24%             | 2033-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SUMNER WA WTR & SWR REVENUE    | City of Sumner WA Water & Sewer Revenue                                          | CUSIP: 866465JS7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    220000 | PA      | $234343.71    | 0.04%             | 2042-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UPPER IL RIVER VLY DEV AUTH    | Upper Illinois River Valley Development Authority                                | CUSIP: 91588XAG1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $183441.26    | 0.03%             | 2045-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| VAIL HOME PARTNERS CORP CO HSG | Vail Home Partners Corp                                                          | CUSIP: 91879VAB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1262602.25   | 0.20%             | 2055-10-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| WALSH RANCH TX MUNI UTILITY DI | Walsh Ranch Municipal Utility District                                           | CUSIP: 93313DEY0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    325000 | PA      | $239321.42    | 0.04%             | 2038-08-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| WARREN CNTY MO REORG SCH DIST# | Warren County School District No R-III                                           | CUSIP: 935069GU2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1075000 | PA      | $1113345.25   | 0.18%             | 2044-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WARREN CNTY OH PORT AUTH SPL O | Warren County Port Authority                                                     | CUSIP: 935163CN3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1531716.15   | 0.24%             | 2038-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WEST MEMPHIS AR PUBLIC UTILITY | City of West Memphis AR Public Utility System Revenue                            | CUSIP: 954345GJ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $460852.40    | 0.07%             | 2054-12-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| WISCONSIN CENTER DIST WI TAX R | Wisconsin Center District                                                        | CUSIP: 976595FR4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    690000 | PA      | $397984.41    | 0.06%             | 2038-12-15      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| WISCONSIN ST HLTH & EDUCTNL FA | Wisconsin Health & Educational Facilities Authority                              | CUSIP: 97712DGR1<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |    300000 | PA      | $300119.34    | 0.05%             | 2028-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WISCONSIN ST HLTH & EDUCTNL FA | Wisconsin Health & Educational Facilities Authority                              | CUSIP: 97712JHF3<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1013454.40   | 0.16%             | 2027-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ARIZONA ST INDL DEV AUTH EDU R | Arizona Industrial Development Authority                                         | CUSIP: 04052BGY4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    185000 | PA      | $186813.48    | 0.03%             | 2028-12-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| AUSTIN TX ARPT SYS REVENUE     | City of Austin TX Airport System Revenue                                         | CUSIP: 052398FQ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1012303.90   | 0.16%             | 2034-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BARTOW CNTY GA DEV AUTH        | Bartow County Development Authority                                              | CUSIP: 069643BN3<br>LEI: 5493006KLI0V8YELKW50 | Long             | DBT              | MUN               | US        |    500000 | PA      | $512799.95    | 0.08%             | 2032-12-01      | Variable      | 3.95%                 | No            |                  2 | On Loan: No      |
| BATESVILLE AR PUBLIC FACS BRD  | Batesville Public Facilities Board                                               | CUSIP: 070668AF5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $150286.58    | 0.02%             | 2026-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BLACK BELT ENERGY GAS DIST ALG | Black Belt Energy Gas District                                                   | CUSIP: 09182RAR2<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |    100000 | PA      | $100333.98    | 0.02%             | 2049-12-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| BLACK BELT ENERGY GAS DIST AL  | Black Belt Energy Gas District                                                   | CUSIP: 09182TBL0<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |    755000 | PA      | $793176.58    | 0.13%             | 2053-05-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| IOWA ST FIN AUTH REVENUE       | Iowa Finance Authority                                                           | CUSIP: 46247SCY8<br>LEI: 549300NQVL49BTHOW391 | Long             | DBT              | MUN               | US        |    250000 | PA      | $234380.33    | 0.04%             | 2032-01-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| JOHNSON & MIAMI CNTYS KS UNIF  | Johnson & Miami Counties Unified School District No 230 Spring Hills             | CUSIP: 478164KY1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1585000 | PA      | $1825268.41   | 0.29%             | 2042-09-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| KANKAKEE IL SWR REVENUE        | City of Kankakee IL Waterworks & Sewerage System                                 | CUSIP: 484458HS6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    480000 | PA      | $523946.16    | 0.08%             | 2035-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KANSAS CITY MO SPL OBLG        | City of Kansas City MO                                                           | CUSIP: 485106DW5<br>LEI: 549300EGAE3I3XU7XE19 | Long             | DBT              | MUN               | US        |    635000 | PA      | $561831.49    | 0.09%             | 2029-02-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| KENTUCKY ST ECON DEV FIN AUTH  | Kentucky Economic Development Finance Authority                                  | CUSIP: 49126PEZ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $200190.18    | 0.03%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LA FERIA TX INDEP SCH DIST     | La Feria Independent School District/TX                                          | CUSIP: 503012QJ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2122785.60   | 0.34%             | 2055-02-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| LAKE CNTY IL CMNTY UNIT SCH DI | Lake County Community Unit School District No 187 North Chicago                  | CUSIP: 509262FV8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    625000 | PA      | $680779.69    | 0.11%             | 2031-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CA DEPT OF WTR & P | Los Angeles Department of Water & Power Water System Revenue                     | CUSIP: 544525Y69<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    665000 | PA      | $697651.30    | 0.11%             | 2044-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CA DEPT OF WTR & P | Los Angeles Department of Water & Power                                          | CUSIP: 544532EW0<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |     75000 | PA      | $78196.61     | 0.01%             | 2043-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LYNNWOOD WA                    | City of Lynnwood WA                                                              | CUSIP: 551681LZ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    435000 | PA      | $449171.87    | 0.07%             | 2042-12-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST DEV FIN AGY R | Massachusetts Development Finance Agency                                         | CUSIP: 57584YAH2<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |    500000 | PA      | $500343.10    | 0.08%             | 2044-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK CITY NY TRANSITIONAL  | New York City Transitional Finance Authority Future Tax Secured Revenue          | CUSIP: 64971XDH8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1048461.80   | 0.17%             | 2034-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST TRANSPRTN DEV CORP | New York Transportation Development Corp                                         | CUSIP: 650116CZ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1875000 | PA      | $1894582.31   | 0.30%             | 2040-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST TRANSPRTN DEV CORP | New York Transportation Development Corp                                         | CUSIP: 650116JH0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1649179.35   | 0.26%             | 2045-06-30      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| NTHRN MN MUNI PWR AGY ELEC SYS | Northern Municipal Power Agency                                                  | CUSIP: 665444LQ6<br>LEI: 254900QIGSDY3UDQ9778 | Long             | DBT              | MUN               | US        |    125000 | PA      | $131530.56    | 0.02%             | 2039-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OHIO ST HSG FIN AGY MF TAX-EXE | Ohio Housing Finance Agency                                                      | CUSIP: 67737RAF6<br>LEI: 549300K10X7VPG6JVX38 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1024457.00   | 0.16%             | 2043-01-01      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST ECON DEV FING  | Pennsylvania Economic Development Financing Authority Parking System Revenue     | CUSIP: 70870EBT5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    140000 | PA      | $76880.10     | 0.01%             | 2039-01-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| POLK CNTY IA                   | County of Polk IA                                                                | CUSIP: 7311973L1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1589756.10   | 0.25%             | 2041-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| PORT AUTH OF NEW YORK & NEW JE | Port Authority of New York & New Jersey                                          | CUSIP: 73358WC85<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1011798.30   | 0.16%             | 2034-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SCAGO SC EDUCTNL FACS CORP FOR | Scago Educational Facilities Corp for Spartanburg School District No 1           | CUSIP: 80585FBT7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $99698.98     | 0.02%             | 2030-06-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| SOUTH CAROLINA ST TRANSPRTN IN | South Carolina Transportation Infrastructure Bank                                | CUSIP: 837152US4<br>LEI: 549300YI1NMCP4VLJN43 | Long             | DBT              | MUN               | US        |   1205000 | PA      | $1246390.79   | 0.20%             | 2036-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SOUTH DAKOTA ST HLTH & EDUCTNL | South Dakota Health & Educational Facilities Authority                           | CUSIP: 83755VWA8<br>LEI: 549300ZW6LKR8UI2C378 | Long             | DBT              | MUN               | US        |    580000 | PA      | $580102.02    | 0.09%             | 2034-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SOUTHEAST ENERGY AUTHORITY A C | Southeast Energy Authority A Cooperative District                                | CUSIP: 84136HAA1<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |    475000 | PA      | $484987.07    | 0.08%             | 2026-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| STHRN IL UNIV COPS             | Southern Illinois University                                                     | CUSIP: 843142CZ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1150000 | PA      | $1183016.62   | 0.19%             | 2050-02-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| STARKVILLE MS WTR & SWR REVENU | City of Starkville MS Water & Sewer System Revenue                               | CUSIP: 855522CM8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $346790.12    | 0.06%             | 2040-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SUMNER WA WTR & SWR REVENUE    | City of Sumner WA Water & Sewer Revenue                                          | CUSIP: 866465JT5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    215000 | PA      | $227477.53    | 0.04%             | 2043-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MONTGOMERY CNTY AL PUBLIC BLDG | Montgomery County Public Facilities Authority/AL                                 | CUSIP: 613209EQ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |      5000 | PA      | $3807.61      | 0.00%             | 2052-03-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| MOUNT PLEASANT TX              | City of Mount Pleasant TX                                                        | CUSIP: 622690PS8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2085000 | PA      | $2183128.44   | 0.35%             | 2042-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NATIONAL FIN AUTH NH MUNI CTFS | New Hampshire Business Finance Authority                                         | CUSIP: 63607WBN3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3498387 | PA      | $3318697.96   | 0.53%             | 2042-11-20      | Variable      | 4.22%                 | No            |                  2 | On Loan: No      |
| NEW YORK NY                    | City of New York NY                                                              | CUSIP: 64966QWL0<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5000000.00   | 0.80%             | 2042-04-01      | Variable      | 2.45%                 | No            |                  2 | On Loan: No      |
| NEWARK NJ PKG AUTH LEASE REVEN | Newark Parking Authority/The                                                     | CUSIP: 650392AK9<br>LEI: 549300GCUIIQ6TYN0S75 | Long             | DBT              | MUN               | US        |    200000 | PA      | $205591.34    | 0.03%             | 2043-02-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| NORTH DAKOTA ST HSG FIN AGY    | North Dakota Housing Finance Agency                                              | CUSIP: 6589093K0<br>LEI: 549300DVQAGW0B16JX70 | Long             | DBT              | MUN               | US        |    900000 | PA      | $962427.15    | 0.15%             | 2054-01-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| NTHRN IL UNIV COPS             | Northern Illinois University                                                     | CUSIP: 665238DA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2090160.00   | 0.33%             | 2049-04-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| NOWATA CNTY OK EDUCTNL FACS AU | Nowata County Educational Facilities Authority                                   | CUSIP: 67010GAL5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    465000 | PA      | $504709.51    | 0.08%             | 2034-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW HAMPSHIRE ST HLTH & EDU FA | New Hampshire Health and Education Facilities Authority Act                      | CUSIP: 64461XDN2<br>LEI: 549300CNCK7OT82W5653 | Long             | DBT              | MUN               | US        |    450000 | PA      | $460726.88    | 0.07%             | 2035-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW MEXICO ST HOSP EQUIPMENT L | New Mexico Hospital Equipment Loan Council                                       | CUSIP: 647370HS7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1995000 | PA      | $1988627.17   | 0.32%             | 2035-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ADAMS CNTY CO SCH DIST #14     | Adams County School District No 14                                               | CUSIP: 005662PJ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1111532.80   | 0.18%             | 2042-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ALBANY CNTY NY CAPITAL RESOURC | Albany County Capital Resource Corp                                              | CUSIP: 012125AB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $94950.31     | 0.02%             | 2030-07-01      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| ARIZONA ST INDL DEV AUTH EDU R | Arizona Industrial Development Authority                                         | CUSIP: 04052BPE8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    125000 | PA      | $124552.70    | 0.02%             | 2027-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BALTIMORE MD REVENUE           | City of Baltimore MD                                                             | CUSIP: 059231L73<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2057198.60   | 0.33%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BEAVER DAM WI UNIF SCH DIST    | Beaver Dam Unified School District                                               | CUSIP: 075147GC6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1440089.10   | 0.23%             | 2043-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BEDFORD OH CITY SCH DIST       | Bedford City School District                                                     | CUSIP: 076365LV5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3250000 | PA      | $3488454.13   | 0.56%             | 2044-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| BELLS TX INDEP SCH DIST        | Bells Independent School District                                                | CUSIP: 079851KK6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    690000 | PA      | $738658.04    | 0.12%             | 2041-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BLACK BELT ENERGY GAS DIST AL  | Black Belt Energy Gas District                                                   | CUSIP: 09182TFT9<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1095201.90   | 0.17%             | 2055-12-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| BOONE CNTY IN BLDG CORP LOCAL  | Boone County Building Corp                                                       | CUSIP: 098744BB0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1235000 | PA      | $1342984.08   | 0.21%             | 2038-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| BOONVILLE MO SCH DIST #R-1     | Boonville School District No R-1/MO                                              | CUSIP: 099365FF0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1600000 | PA      | $1647573.28   | 0.26%             | 2043-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BRAZOS TX HGR EDU AUTH STUDENT | Brazos Higher Education Authority Inc                                            | CUSIP: 10623ABU6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |      5000 | PA      | $4951.39      | 0.00%             | 2040-04-01      | Fixed         | 2.35%                 | No            |                  2 | On Loan: No      |
| BURKE CNTY GA DEV AUTH POLL CO | Development Authority of Burke County/The                                        | CUSIP: 121342NL9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $312874.20    | 0.05%             | 2052-01-01      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST MUNI FIN AUTH RE | California Municipal Finance Authority                                           | CUSIP: 13048VS58<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $942817.60    | 0.15%             | 2043-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST UNIV REVENUE     | California State University                                                      | CUSIP: 13077DSZ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $750670.80    | 0.12%             | 2051-11-01      | Variable      | 3.12%                 | No            |                  2 | On Loan: No      |
| CAPE CORAL FL WTR & SWR REVENU | City of Cape Coral FL Water & Sewer Revenue                                      | CUSIP: 139372SL1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $794711.40    | 0.13%             | 2048-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CHARLOTTE CNTY FL INDL DEV AUT | Charlotte County Industrial Development Authority/FL                             | CUSIP: 16080TAL9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1031106.60   | 0.16%             | 2055-10-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| CHICAGO IL                     | City of Chicago IL                                                               | CUSIP: 167484SS4<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |    100000 | PA      | $96332.05     | 0.02%             | 2027-01-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| CLEVELAND OH MUNI SCH DIST     | Cleveland Municipal School District                                              | CUSIP: 186392FD3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $743291.85    | 0.12%             | 2042-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLORADO ST HLTH FACS AUTH REV | Colorado Health Facilities Authority                                             | CUSIP: 19648FKS2<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |    625000 | PA      | $630357.13    | 0.10%             | 2044-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLORADO ST HLTH FACS AUTH REV | Colorado Health Facilities Authority                                             | CUSIP: 19648FTK0<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |    300000 | PA      | $285644.34    | 0.05%             | 2030-05-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT ST HLTH & EDUCTNL  | Connecticut State Health & Educational Facilities Authority                      | CUSIP: 20775DQR6<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |     40000 | PA      | $40183.81     | 0.01%             | 2029-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT ST HLTH & EDUCTNL  | Connecticut State Health & Educational Facilities Authority                      | CUSIP: 20775DQT2<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |     30000 | PA      | $29914.53     | 0.00%             | 2031-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT ST HLTH & EDUCTNL  | Connecticut State Health & Educational Facilities Authority                      | CUSIP: 20775DXK3<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1001790.10   | 0.16%             | 2049-07-01      | Variable      | 2.95%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT ST HSG FIN AUTH HS | Connecticut Housing Finance Authority                                            | CUSIP: 20775QBX0<br>LEI: 5493003DXX0NRJKSH186 | Long             | DBT              | MUN               | US        |   2625000 | PA      | $2640794.10   | 0.42%             | 2043-05-01      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| COOK CNTY IL SCH DIST #86      | Cook County School District No 86 Harwood Heights                                | CUSIP: 214147CT5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    325000 | PA      | $346957.03    | 0.06%             | 2039-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FW CHAPARRAL PFC TX RSDL DEV R | FW Chaparral PFC                                                                 | CUSIP: 302701AD9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1959732.80   | 0.31%             | 2035-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FISHERS TOWN HALL BLDG CORP IN | Fishers Town Hall Building Corp                                                  | CUSIP: 338042EJ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $27458.78     | 0.00%             | 2048-07-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| FLORIDA ST DEV FIN CORP EDUCTN | Florida Development Finance Corp                                                 | CUSIP: 34061ULF3<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |    455000 | PA      | $453056.97    | 0.07%             | 2032-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FLORIDA ST HSG FIN CORP MF MTG | Florida Housing Finance Corp                                                     | CUSIP: 34074HGN6<br>LEI: 549300W0PCIJCI0JCF10 | Long             | DBT              | MUN               | US        |    452532 | PA      | $375736.88    | 0.06%             | 2036-07-01      | Fixed         | 2.33%                 | No            |                  2 | On Loan: No      |
| FRASER MI PUBLIC SCHS DIST     | Fraser Public School District                                                    | CUSIP: 355514PN4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $439154.20    | 0.07%             | 2038-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GAINESVILLE & HALL CNTY GA DEV | Gainesville & Hall County Development Authority                                  | CUSIP: 362754DM2<br>LEI: 549300L0GMYXTK7H5359 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000000.00   | 0.16%             | 2033-11-15      | Variable      | 2.50%                 | No            |                  2 | On Loan: No      |
| GARY CHICAGO INTERNATIONAL ARP | Gary Chicago International Airport Authority                                     | CUSIP: 367066BQ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $735258.90    | 0.12%             | 2045-02-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| GEISINGER PA AUTH HLTH SYS REV | Geisinger Authority                                                              | CUSIP: 368497HP1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1007493.50   | 0.16%             | 2045-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GOBLES MI PUBLIC SCHS          | Gobles Public Schools                                                            | CUSIP: 380208JN9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    630000 | PA      | $657551.66    | 0.10%             | 2050-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GTR FALL RIVER MA VOTECH SCH D | Greater Fall River Vocational School District                                    | CUSIP: 391712BH8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5149415.50   | 0.82%             | 2055-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HARRIS CNTY TX HOSP DIST REVEN | Harris County Hospital District                                                  | CUSIP: 41415WBT8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1185000 | PA      | $1185000.00   | 0.19%             | 2042-02-15      | Variable      | 2.93%                 | No            |                  2 | On Loan: No      |
| HOUSTON TX HGR EDU FIN CORP UN | Houston Higher Education Finance Corp                                            | CUSIP: 44237QAF2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $173590.46    | 0.03%             | 2037-10-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| KING CNTY WA                   | County of King WA                                                                | CUSIP: 49474F7A2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    835000 | PA      | $890366.35    | 0.14%             | 2045-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LICKING HEIGHTS OH LOCAL SCH D | Licking Heights Local School District                                            | CUSIP: 531677QR6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1050547.40   | 0.17%             | 2059-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| LOUDOUN CNTY VA ECON DEV AUTH  | Loudoun County Economic Development Authority                                    | CUSIP: 54589SGH1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    475000 | PA      | $437162.50    | 0.07%             | 2036-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| LOUISIANA ST PUBLIC FACS AUTHL | Louisiana Public Facilities Authority                                            | CUSIP: 54639TDJ8<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |    425000 | PA      | $466314.17    | 0.07%             | 2038-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LOUISIANA ST PUBLIC FACS AUTHL | Louisiana Public Facilities Authority                                            | CUSIP: 54639TDP4<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1044445.20   | 0.17%             | 2043-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LOUISVILLE & JEFFERSON CNTY KY | Louisville/Jefferson County Metropolitan Government                              | CUSIP: 54659LCD4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $509350.30    | 0.08%             | 2047-10-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| LOWER COLORADO RIVER TX AUTH T | Lower Colorado River Authority                                                   | CUSIP: 54811BSY8<br>LEI: 549300QJFPW2NNBYR215 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1015345.40   | 0.16%             | 2039-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MAGNOLIA TX SPL ASSMNT REVENUE | City of Magnolia TX                                                              | CUSIP: 559687AA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     45000 | PA      | $44511.31     | 0.01%             | 2046-09-01      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| MAINE HLTH & HGR EDUCTNL FACS  | Maine Health & Higher Educational Facilities Authority                           | CUSIP: 56042RVW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $635866.92    | 0.10%             | 2037-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MARANA AZ PLEDGED EXCISE TAX R | Town of Marana AZ Pledged Excise Revenue                                         | CUSIP: 56574CCA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    190000 | PA      | $200336.27    | 0.03%             | 2037-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MARYLAND ST ECON DEV CORP RECR | Maryland Economic Development Corp                                               | CUSIP: 57405EAJ9<br>LEI: 549300JJ16DDBSZWSN94 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1018267.20   | 0.16%             | 2045-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST               | Commonwealth of Massachusetts                                                    | CUSIP: 57582RUM6<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |   1025000 | PA      | $1058295.49   | 0.17%             | 2043-09-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| MCINTOSH CNTY OK EDUCTNL FACS  | Mcintosh County Educational Facilities Authority                                 | CUSIP: 581191BD4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    800000 | PA      | $815914.80    | 0.13%             | 2041-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MET PIER & EXPOSITION AUTH IL  | Metropolitan Pier & Exposition Authority                                         | CUSIP: 592247K58<br>LEI: 254900I3VDCQ58UGBR15 | Long             | DBT              | MUN               | US        |    700000 | PA      | $494448.22    | 0.08%             | 2034-12-15      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| MIAMI-DADE CNTY FL TRANSIT SAL | County of Miami-Dade FL Transit System                                           | CUSIP: 59334PKW6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2054285.80   | 0.33%             | 2049-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST FIN AUTH REVENUE   | Michigan Finance Authority                                                       | CUSIP: 59447TAX1<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   1010000 | PA      | $1010882.74   | 0.16%             | 2035-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST FIN AUTH REVENUE   | Michigan Finance Authority                                                       | CUSIP: 59447TMN0<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |    500000 | PA      | $503253.50    | 0.08%             | 2041-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MISSISSIPPI ST DEV BANK SPL OB | Mississippi Development Bank                                                     | CUSIP: 60534W8C5<br>LEI: 549300122LOI8CB50V38 | Long             | DBT              | MUN               | US        |   2563000 | PA      | $1648920.15   | 0.26%             | 2042-06-01      | Fixed         | 1.99%                 | No            |                  2 | On Loan: No      |
| MISSISSIPPI DEV BK SPL OBLIG   | Mississippi Development Bank                                                     | CUSIP: 60534XJD9<br>LEI: 549300122LOI8CB50V38 | Long             | DBT              | MUN               | US        |    864000 | PA      | $726838.79    | 0.12%             | 2031-07-01      | Fixed         | 1.48%                 | No            |                  2 | On Loan: No      |
| MISSISSIPPI DEV BK SPL OBLIG   | Mississippi Development Bank                                                     | CUSIP: 60534XSR8<br>LEI: 549300122LOI8CB50V38 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1029686.40   | 0.16%             | 2052-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MISSISSIPPI DEV BK SPL OBLIG   | Mississippi Development Bank                                                     | CUSIP: 60534XWK8<br>LEI: 549300122LOI8CB50V38 | Long             | DBT              | MUN               | US        |    360000 | PA      | $328541.83    | 0.05%             | 2044-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MISSOURI ST HLTH & EDUCTNL FAC | Health & Educational Facilities Authority of the State of Missouri               | CUSIP: 60637ARW4<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |    360000 | PA      | $393103.58    | 0.06%             | 2033-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MISSOURI ST HLTH & EDUCTNL FAC | Health & Educational Facilities Authority of the State of Missouri               | CUSIP: 60637AXQ0<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2632071.25   | 0.42%             | 2052-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MISSOURI ST HSG DEV COMMISSION | Missouri Housing Development Commission                                          | CUSIP: 60637GDG1<br>LEI: 5493007FBL7WCV3NKY25 | Long             | DBT              | MUN               | US        |    520000 | PA      | $578764.32    | 0.09%             | 2055-05-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| MISSOURI ST HSG DEV COMMISSION | Missouri Housing Development Commission                                          | CUSIP: 60637GJK6<br>LEI: 5493007FBL7WCV3NKY25 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1096300.00   | 0.17%             | 2056-05-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| MOBILE AL INDL DEV BRD POLL CO | Industrial Development Board of the City of Mobile Alabama                       | CUSIP: 607167DV2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $601988.34    | 0.10%             | 2034-06-01      | Variable      | 3.92%                 | No            |                  2 | On Loan: No      |
| MONTANA ST BRD OF HSG SF MTGE  | Montana Board of Housing                                                         | CUSIP: 61212WXQ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1385000 | PA      | $1505300.82   | 0.24%             | 2054-12-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| MONTGOMERY CNTY MD HSG OPPORTU | Montgomery County Housing Opportunities Commission                               | CUSIP: 613352CP6<br>LEI: 549300HDL0LLRHMDL092 | Long             | DBT              | MUN               | US        |    700000 | PA      | $726981.92    | 0.12%             | 2053-01-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| MONTGOMERY CNTY OH HLTH CARE F | County of Montgomery OH                                                          | CUSIP: 613518DJ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1016042.30   | 0.16%             | 2054-09-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| NEW HOPE CULTURAL ED FACS FIN  | New Hope Cultural Education Facilities Finance Corp                              | CUSIP: 64542UHJ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $503201.50    | 0.08%             | 2030-10-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| NEW YORK CITY NY HSG DEV CORP  | New York City Housing Development Corp                                           | CUSIP: 64972EK32<br>LEI: 549300SQWVHKBRF8D702 | Long             | DBT              | MUN               | US        |    500000 | PA      | $496700.50    | 0.08%             | 2060-11-01      | Variable      | 0.90%                 | No            |                  2 | On Loan: No      |
| NEW YORK CITY NY HSG DEV CORP  | New York City Housing Development Corp                                           | CUSIP: 64972ETS8<br>LEI: 549300SQWVHKBRF8D702 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $716003.60    | 0.11%             | 2045-11-01      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST DORM AUTH REVENUES | New York State Dormitory Authority                                               | CUSIP: 64985SNG4<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |    750000 | PA      | $802272.38    | 0.13%             | 2050-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST DORM AUTH REVENUES | New York State Dormitory Authority                                               | CUSIP: 65000B7W2<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1042957.20   | 0.17%             | 2044-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| OKLAHOMA ST CAPITOL IMPT AUTH  | Oklahoma Capitol Improvement Authority                                           | CUSIP: 678514EL0<br>LEI: 549300LYHYBINTZ5AY71 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1057802.30   | 0.17%             | 2045-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ONONDAGA NY CIVIC DEV CORP     | Onondaga Civic Development Corp                                                  | CUSIP: 682832DT4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    220000 | PA      | $187038.41    | 0.03%             | 2035-10-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| OREGON ST                      | State of Oregon                                                                  | CUSIP: 68609UPN9<br>LEI: 549300R5SUGZRD8KP359 | Long             | DBT              | MUN               | US        |    300000 | PA      | $331093.41    | 0.05%             | 2043-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ORLAND CA JT UNIF SCH DIST     | Orland Unified School District                                                   | CUSIP: 68633RCA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    260000 | PA      | $208534.48    | 0.03%             | 2047-08-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| OSAWATOMIE KS                  | City of Osawatomie KS                                                            | CUSIP: 687765HW0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $500178.35    | 0.08%             | 2027-03-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| PASCO CNTY FL CAPITAL IMPT CIG | County of Pasco FL                                                               | CUSIP: 70252AAW5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $511256.00    | 0.08%             | 2048-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PHILADELPHIA PA AUTH FOR INDL  | Philadelphia Authority for Industrial Development                                | CUSIP: 71780TBL6<br>LEI: 549300DIY68KQZEW7M79 | Long             | DBT              | MUN               | US        |    250000 | PA      | $256610.43    | 0.04%             | 2052-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| PIMA CNTY AZ INDL DEV AUTH EDU | Industrial Development Authority of the County of Pima/The                       | CUSIP: 72177MSJ7<br>LEI: 549300QDTQ25545R4K19 | Long             | DBT              | MUN               | US        |     25000 | PA      | $25258.41     | 0.00%             | 2029-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PORT OF GTR CINCINNATI DEV AUT | Port of Greater Cincinnati Development Authority                                 | CUSIP: 734195FA3<br>LEI: 549300IK2RCZBY62ST97 | Long             | DBT              | MUN               | US        |    500000 | PA      | $515820.25    | 0.08%             | 2058-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WI REVENUE     | Public Finance Authority                                                         | CUSIP: 74442PR64<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   2750000 | PA      | $2775501.85   | 0.44%             | 2055-01-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| RALEIGH NC                     | City of Raleigh NC                                                               | CUSIP: 751091VT3<br>LEI: 549300I7RPBIIRI16112 | Long             | DBT              | MUN               | US        |    500000 | PA      | $538611.50    | 0.09%             | 2044-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| RAMAPO NY                      | Town of Ramapo NY                                                                | CUSIP: 751396Z39<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $49554.45     | 0.01%             | 2030-03-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| RAPID CITY SD ARPT REVENUE     | City of Rapid City SD Airport Revenue                                            | CUSIP: 753350BJ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    220000 | PA      | $223211.23    | 0.04%             | 2026-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| RAPID CITY SD ARPT REVENUE     | City of Rapid City SD Airport Revenue                                            | CUSIP: 753350BN6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    125000 | PA      | $120253.88    | 0.02%             | 2035-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ROSEMOUNT MN INDEP SCH DIST #1 | Rosemount-Apple Valley-Eagan Independent School District No 196                  | CUSIP: 777594ZW5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $3908872.80   | 0.62%             | 2042-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SAINT CLAIR CNTY IL CMNTY UNIT | St Clair County Community Unit School District No 187 Cahokia                    | CUSIP: 788550MQ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1350000 | PA      | $1376660.88   | 0.22%             | 2054-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SAINT CLAIR MO FIRE PROT DIST  | St Clair Fire Protection District                                                | CUSIP: 788800AX8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $535886.35    | 0.09%             | 2040-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SAINT LOUIS MO ARPT REVENUE    | City of St Louis MO Airport Revenue                                              | CUSIP: 791638H69<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $311266.35    | 0.05%             | 2039-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SALT LAKE CITY UT ARPT REVENUE | City of Salt Lake City UT Airport Revenue                                        | CUSIP: 795576HJ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1020306.90   | 0.16%             | 2038-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SALT LAKE CITY UT ARPT REVENUE | City of Salt Lake City UT Airport Revenue                                        | CUSIP: 795576MB0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1028938.00   | 0.16%             | 2048-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| SAN FRANCISCO CALIF CITY &CNTY | San Francisco City & County Airport Comm-San Francisco International Airport     | CUSIP: 79766DVY2<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1067123.70   | 0.17%             | 2048-05-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| SCHENECTADY CNTY NY CAPITAL RE | Schenectady County Capital Resource Corp                                         | CUSIP: 806418BF5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $363188.49    | 0.06%             | 2052-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| SHELBY CNTY TN HLTH EDUCTNL &H | Shelby County Health Educational & Housing Facilities Board                      | CUSIP: 821697Z44<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1104978.00   | 0.18%             | 2035-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SOUTH CAROLINA ST JOBS-ECON DE | South Carolina Jobs-Economic Development Authority                               | CUSIP: 83704AAC6<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |    140000 | PA      | $140458.07    | 0.02%             | 2030-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SOUTH CAROLINA ST PORTS AUTH P | South Carolina Ports Authority                                                   | CUSIP: 837123HH4<br>LEI: 5493001YXW15H9J1M026 | Long             | DBT              | MUN               | US        |   1455000 | PA      | $1503187.85   | 0.24%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SOUTH CAROLINA ST PUBLIC SVC A | South Carolina Public Service Authority                                          | CUSIP: 8371514F3<br>LEI: EMBXY64GWKA9MZGFUD26 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1594707.15   | 0.25%             | 2054-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| SOUTH CAROLINA ST PUBLIC SVC A | South Carolina Public Service Authority                                          | CUSIP: 837151Y29<br>LEI: EMBXY64GWKA9MZGFUD26 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1013257.70   | 0.16%             | 2032-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SAINT LOUIS MO LAND CLEARANCE  | St Louis Land Clearance for Redevelopment Authority                              | CUSIP: 85233SBM9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1014331.10   | 0.16%             | 2038-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| STAMFORD CT HSG AUTH           | Stamford Housing Authority                                                       | CUSIP: 852640AC5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    870000 | PA      | $881283.81    | 0.14%             | 2030-10-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| STUART IA                      | City of Stuart IA                                                                | CUSIP: 863795JX9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    680000 | PA      | $680295.46    | 0.11%             | 2026-06-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| SUMMIT CNTY OH DEV FIN AUTH RE | Summit County Development Finance Authority                                      | CUSIP: 86607CJG5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1890000 | PA      | $1941720.61   | 0.31%             | 2045-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SUMMIT CNTY OH DEV FIN AUTH PK | Summit County Development Finance Authority                                      | CUSIP: 86607JAC8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $258853.53    | 0.04%             | 2053-12-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| TARRANT CNTY TX CULTURAL EDU F | Tarrant County Cultural Education Facilities Finance Corp                        | CUSIP: 87638RGR2<br>LEI: 549300ROY505NVTMMI25 | Long             | DBT              | MUN               | US        |    510000 | PA      | $517137.35    | 0.08%             | 2027-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TENNESSEE HSG DEV AGY RSDL FIN | Tennessee Housing Development Agency                                             | CUSIP: 880461VX3<br>LEI: 25490004PSQYQLFJGI76 | Long             | DBT              | MUN               | US        |    220000 | PA      | $203710.28    | 0.03%             | 2043-07-01      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| TEXAS CITY TX                  | City of Texas City TX                                                            | CUSIP: 882253UE5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3145918.20   | 0.50%             | 2043-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TEXAS ST AFFORDABLE HSG CORP S | Texas State Affordable Housing Corp                                              | CUSIP: 88271HJU4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    955000 | PA      | $1052725.05   | 0.17%             | 2054-09-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| TEXAS ST                       | State of Texas                                                                   | CUSIP: 8827243F2<br>LEI: 549300X9CH74QB747L76 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1042981.30   | 0.17%             | 2041-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TEXAS WTR DEV BRD REVENUE      | Texas Water Development Board                                                    | CUSIP: 88285ADS4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1548877.35   | 0.25%             | 2048-10-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| THREE RIVERS SC SOL WST AUTH S | Three Rivers Solid Waste Authority/SC                                            | CUSIP: 885724BW3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $750000.00    | 0.12%             | 2025-10-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| TOLOMATO FL CDD                | Tolomato Community Development District                                          | CUSIP: 889560EJ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1725000 | PA      | $1642397.17   | 0.26%             | 2040-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| TOMS RIVER NJ BRD OF EDU       | Toms River Board of Education                                                    | CUSIP: 890125YD3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $236667.50    | 0.04%             | 2029-07-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| UNIV OF CALIFORNIA CA RGTS MED | Regents of the University of California Medical Center Pooled Revenue            | CUSIP: 913366KP4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    330000 | PA      | $351884.12    | 0.06%             | 2041-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UTAH ST CHRT SCH FIN AUTH CHRT | Utah Charter School Finance Authority                                            | CUSIP: 91754T3V3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    565000 | PA      | $574758.17    | 0.09%             | 2045-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| VAN DYKE MI PUBLIC SCHS        | Van Dyke Public Schools                                                          | CUSIP: 921067LQ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1553554.20   | 0.25%             | 2050-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| VANCOUVER WA HSG AUTH MF REVEN | Vancouver Housing Authority                                                      | CUSIP: 92162PAE5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    385000 | PA      | $390056.55    | 0.06%             | 2034-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| VAUXMONT MET DIST CO           | Vauxmont Metropolitan District                                                   | CUSIP: 92242SAN3<br>LEI: 549300M7XL6MB0OW8D56 | Long             | DBT              | MUN               | US        |    131000 | PA      | $100780.38    | 0.02%             | 2050-12-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| VERMONT ST STUDENT ASSISTANCEC | Vermont Student Assistance Corp                                                  | CUSIP: 92428CLH5<br>LEI: 549300VHYVRSKNFRSZ91 | Long             | DBT              | MUN               | US        |    500000 | PA      | $505553.00    | 0.08%             | 2026-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| VIRGINIA ST SMALL BUSINESS FIN | Virginia Small Business Financing Authority                                      | CUSIP: 928104MU9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1375000 | PA      | $1444038.20   | 0.23%             | 2034-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| VIRGINIA ST SMALL BUSINESS FIN | Virginia Small Business Financing Authority                                      | CUSIP: 928104QQ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $101742.14    | 0.02%             | 2026-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| VIRGINIA ST SMALL BUSINESS FIN | Virginia Small Business Financing Authority                                      | CUSIP: 928104QU5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    125000 | PA      | $135326.75    | 0.02%             | 2030-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| VIRGINIA ST SMALL BUSINESS FIN | Virginia Small Business Financing Authority                                      | CUSIP: 928105CQ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1099555.70   | 0.18%             | 2060-06-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| VIRIDIAN TX MUNI MGMT DIST     | Viridian Municipal Management District                                           | CUSIP: 92823PRH1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $202734.02    | 0.03%             | 2045-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WASHINGTON ST                  | State of Washington                                                              | CUSIP: 93974EZE9<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1048740.50   | 0.17%             | 2045-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WASHINGTON ST HLTH CARE FACS A | Washington Health Care Facilities Authority                                      | CUSIP: 93978HTQ8<br>LEI: 549300ZVPWQIL3N5TL85 | Long             | DBT              | MUN               | US        |    300000 | PA      | $306246.36    | 0.05%             | 2037-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WASHINGTON ST HSG FIN COMMISSI | Washington State Housing Finance Commission                                      | CUSIP: 93978LJN7<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1008676.80   | 0.16%             | 2055-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| WASHINGTON ST HSG FIN COMMISSI | Washington State Housing Finance Commission                                      | CUSIP: 93978UAA4<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |    993983 | PA      | $955485.05    | 0.15%             | 2050-03-01      | Variable      | 4.22%                 | No            |                  2 | On Loan: No      |
| WASHINGTON SUBURBAN SAN DIST M | Washington Suburban Sanitary Commission                                          | CUSIP: 940158HR2<br>LEI: 549300EZUWNTQF827C24 | Long             | DBT              | MUN               | US        |    630000 | PA      | $630000.00    | 0.10%             | 2027-06-01      | Variable      | 2.50%                 | No            |                  2 | On Loan: No      |
| WESTOSHA CENTRL WI HIGH SCH DI | Westosha Central High School District                                            | CUSIP: 961205EB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $358180.24    | 0.06%             | 2031-03-01      | Fixed         | 1.60%                 | No            |                  2 | On Loan: No      |
| WICHITA KS HLTH CARE FACS REVE | City of Wichita KS                                                               | CUSIP: 967249RL9<br>LEI: 549300Y20JVN3VP2V718 | Long             | DBT              | MUN               | US        |   1210000 | PA      | $1182537.96   | 0.19%             | 2039-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| WILL CNTY IL CMNTY HIGH SCH DI | Will County Community High School District No 210 Lincoln-Way                    | CUSIP: 969073KV6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     95000 | PA      | $91155.81     | 0.01%             | 2027-01-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| WINNEBAGO CNTY IL SCH DIST #32 | Winnebago County Community Unit School District No 320 South Beloit              | CUSIP: 974569DY8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $440509.92    | 0.07%             | 2032-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WYANDOTTE CNTY KS UNIF SCH DIS | Wyandotte County Unified School District No 500 Kansas City                      | CUSIP: 982696SX5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    840000 | PA      | $876625.85    | 0.14%             | 2055-09-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| BRAZORIA CNTY TX TOLL ROAD AUT | Brazoria County Toll Road Authority                                              | CUSIP: 106134AL3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    130000 | PA      | $130921.45    | 0.02%             | 2038-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CAPITAL TRUST AGY FL REVENUE   | Capital Trust Agency Inc                                                         | CUSIP: 14052WDM6<br>LEI: 549300F49UWS7X0OGQ59 | Long             | DBT              | MUN               | US        |    330000 | PA      | $318824.95    | 0.05%             | 2031-07-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| CARMEL IN REDEV AUTH           | Carmel Redevelopment Authority                                                   | CUSIP: 143293DC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    945000 | PA      | $512460.08    | 0.08%             | 2044-01-15      | Fixed         | 1.12%                 | No            |                  2 | On Loan: No      |
| CARSON CITY NV HOSP REVENUE    | Carson City NV                                                                   | CUSIP: 145810DP9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    495000 | PA      | $508600.22    | 0.08%             | 2031-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CENTENNIAL WTR & SANTN DIST CO | Centennial Water & Sanitation District                                           | CUSIP: 15141GAS1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $512502.05    | 0.08%             | 2048-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| GLENDALE AZ INDL DEV AUTH      | Glendale Industrial Development Authority                                        | CUSIP: 378286KU1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    730000 | PA      | $616179.35    | 0.10%             | 2033-07-01      | Fixed         | 2.12%                 | No            |                  2 | On Loan: No      |
| GREAT LAKES MI WTR AUTH WTR SP | Great Lakes Water Authority Water Supply System Revenue                          | CUSIP: 39081JBE7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1012100.40   | 0.16%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SUBLETTE CO WY HOSP DIST REVEN | Sublette County Hospital District                                                | CUSIP: 86428TAA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $500123.40    | 0.08%             | 2026-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SUMNER WA WTR & SWR REVENUE    | City of Sumner WA Water & Sewer Revenue                                          | CUSIP: 866465JU2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $263015.23    | 0.04%             | 2044-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TARRANT CNTY TX CULTURAL EDU F | Tarrant County Cultural Education Facilities Finance Corp                        | CUSIP: 87638RJT5<br>LEI: 549300ROY505NVTMMI25 | Long             | DBT              | MUN               | US        |    150000 | PA      | $149657.27    | 0.02%             | 2025-11-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| TARRANT CNTY TX CULTURAL EDU F | Tarrant County Cultural Education Facilities Finance Corp                        | CUSIP: 87638TGP2<br>LEI: 549300ROY505NVTMMI25 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1527408.00   | 0.24%             | 2043-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TEXAS ST MUNI GAS ACQUISITION  | Texas Municipal Gas Acquisition and Supply Corp I                                | CUSIP: 88256CEX3<br>LEI: 6AZ7FRSNC3ZFPM0Z8L86 | Long             | DBT              | MUN               | US        |     35000 | PA      | $35739.57     | 0.01%             | 2026-12-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| TEXAS ST MUNI GAS ACQUISITION& | Texas Municipal Gas Acquisition & Supply Corp IV                                 | CUSIP: 88256PAT7<br>LEI: 549300PTUE847QDBBW22 | Long             | DBT              | MUN               | US        |    500000 | PA      | $562890.20    | 0.09%             | 2054-01-01      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| ASHEVILLE NC LIMITED OBLIG     | City of Asheville NC                                                             | CUSIP: 044037CW7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    515000 | PA      | $548902.24    | 0.09%             | 2044-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ATLANTA GA URBAN RSDL FIN AUTH | Atlanta Urban Residential Finance Authority                                      | CUSIP: 04785VBZ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1300297.83   | 0.21%             | 2043-05-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| AUSTIN-BERGSTROM LANDHOST ENTE | Austin-Bergstrom Landhost Enterprises Inc                                        | CUSIP: 052193AV1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $101826.85    | 0.02%             | 2035-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| AUSTIN TX INDEP SCH DIST       | Austin Independent School District                                               | CUSIP: 052430WE1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1534255.20   | 0.24%             | 2048-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BASELINE MET DIST #1 CO SPL RE | Baseline Metropolitan District No 1                                              | CUSIP: 069826AV7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $933987.60    | 0.15%             | 2046-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BAY CNTY FL EDUCTNL FACS REVEN | County of Bay FL                                                                 | CUSIP: 072222AG7<br>LEI: 549300B3J43WKYUSHO26 | Long             | DBT              | MUN               | US        |    640000 | PA      | $640542.85    | 0.10%             | 2033-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BOSCOBEL WI AREA SCH DIST      | Boscobel Area School District                                                    | CUSIP: 100105AY1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    735000 | PA      | $778947.19    | 0.12%             | 2038-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CADDO CNTY OK EDUCTNL FACS AUT | Caddo County Educational Facilities Authority                                    | CUSIP: 127218DV4<br>LEI: 5493002KIL3BLNPQ1H28 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1084312.10   | 0.17%             | 2033-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA CMNTY CHOICE FING A | California Community Choice Financing Authority                                  | CUSIP: 13013JFW1<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1115630.80   | 0.18%             | 2056-01-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| CARMEL IN WTRWKS REVENUE       | City of Carmel IN Waterworks Revenue                                             | CUSIP: 143321LN5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $368144.64    | 0.06%             | 2043-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CHARLESTON CNTY SC ARPT DIST A | Charleston County Airport District                                               | CUSIP: 160070EC8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2049374.80   | 0.33%             | 2043-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHARLESTON SC HSG AUTH REVENUE | Charleston Housing Authority/SC                                                  | CUSIP: 160340AD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1563822.00   | 0.25%             | 2035-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHARLOTTE NC ARPT REVENUE      | City of Charlotte NC Airport Revenue                                             | CUSIP: 161036NF1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $601336.44    | 0.10%             | 2047-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHICAGO IL                     | City of Chicago IL                                                               | CUSIP: 167486U64<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |    500000 | PA      | $541138.45    | 0.09%             | 2046-01-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| CHICAGO IL BRD OF EDU          | Chicago Board of Education                                                       | CUSIP: 167501UL7<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |    500000 | PA      | $496971.30    | 0.08%             | 2025-12-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| CHICAGO IL BRD OF EDU          | Chicago Board of Education                                                       | CUSIP: 167501WF8<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |     40000 | PA      | $40597.49     | 0.01%             | 2026-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CHICAGO IL MIDWAY ARPT REVENUE | Chicago Midway International Airport                                             | CUSIP: 167562QG5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    365000 | PA      | $366344.11    | 0.06%             | 2029-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHICAGO IL O'HARE INTERNATIONA | Chicago O'Hare International Airport                                             | CUSIP: 167593E99<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1527548.70   | 0.24%             | 2033-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHICAGO IL WSTWTR TRANSMISSION | City of Chicago IL Wastewater Transmission Revenue                               | CUSIP: 167727J64<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1315067.25   | 0.21%             | 2042-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHICAGO IL WTRWKS REVENUE      | City of Chicago IL Waterworks Revenue                                            | CUSIP: 167736G84<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1021021.40   | 0.16%             | 2031-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CLARKE & MOBILE CNTY AL GAS DI | Clarke-Mobile Counties Gas District                                              | CUSIP: 181766DE3<br>LEI: 2549001MOT7OVVIUK129 | Long             | DBT              | MUN               | US        |   1580000 | PA      | $1763586.05   | 0.28%             | 2031-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CLEVELAND OH MUNI SCH DIST     | Cleveland Municipal School District                                              | CUSIP: 186392FE1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $791639.25    | 0.13%             | 2043-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT ST HGR EDU SUPPLEM | Connecticut State Higher Education Supplement Loan Authority                     | CUSIP: 207743XY6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    540000 | PA      | $578445.14    | 0.09%             | 2033-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CONROE TX MUNI UTIL DIST #1    | Conroe Municipal Utility District No 1                                           | CUSIP: 208425FF0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    620000 | PA      | $489077.02    | 0.08%             | 2035-09-01      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| DALLAS-FORT WORTH TX INTERNATI | Dallas Fort Worth International Airport                                          | CUSIP: 23503CFL6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2100000 | PA      | $2269241.31   | 0.36%             | 2050-11-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| DELAWARE CNTY PA INDL DEV AUTH | Delaware County Industrial Development Authority/PA                              | CUSIP: 246018FZ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    180000 | PA      | $180495.11    | 0.03%             | 2026-06-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| DELAWARE CNTY PA VOTECH SCH AU | Delaware County Vocational & Technical School Authority                          | CUSIP: 246053BS0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $912159.30    | 0.15%             | 2054-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| DELAWARE ST ECON DEV AUTH REVE | Delaware State Economic Development Authority                                    | CUSIP: 246387QD9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    595000 | PA      | $580942.47    | 0.09%             | 2036-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DELAWARE ST HSG AUTH REVENUE   | Delaware State Housing Authority                                                 | CUSIP: 246395C21<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    975000 | PA      | $1071481.42   | 0.17%             | 2055-01-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| DENVER CO CITY & CNTY MF HSG R | Denver City & County Housing Authority                                           | CUSIP: 24917QBA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $507174.75    | 0.08%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DETROIT MI CITY SCH DIST       | Detroit City School District                                                     | CUSIP: 251130FN5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1076544.50   | 0.17%             | 2034-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| EP CIMARRON VENTANAS PFC TX RS | EP Cimarron Ventanas PFC                                                         | CUSIP: 26879QAN5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1463582.10   | 0.23%             | 2039-12-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| E HEMPFIELD TWP PA INDL DEV AU | East Hempfield Township Industrial Development Authority                         | CUSIP: 273007CH5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $400522.68    | 0.06%             | 2027-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| EL DORADO CA IRR DIST COPS     | El Dorado Irrigation District                                                    | CUSIP: 283059GJ6<br>LEI: 54930090GZM9I8KVSN04 | Long             | DBT              | MUN               | US        |    300000 | PA      | $319875.09    | 0.05%             | 2044-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FAIRFAX CNTY VA REDEV & HSG AU | Fairfax County Redevelopment & Housing Authority                                 | CUSIP: 303835DM1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1582776.00   | 0.25%             | 2035-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FAYETTE CNTY OH HOSP FACS IMPT | County of Fayette OH                                                             | CUSIP: 312446AJ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1561061.10   | 0.25%             | 2049-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Multifamily        | Freddie Mac Multifamily ML Certificates                                          | CUSIP: 3137HC2E1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    994332 | PA      | $1011422.96   | 0.16%             | 2041-08-25      | Variable      | 4.62%                 | No            |                  2 | On Loan: No      |
| FESTUS MO #R-VI SCH DIST LEASE | Jefferson County School District No R-VI Festus                                  | CUSIP: 31560CDP2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1019714.80   | 0.16%             | 2051-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FLAT ROCK MI CMNTY SCH DIST    | Flat Rock Community School District                                              | CUSIP: 338639JS7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $370846.70    | 0.06%             | 2041-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FOUR LAKES SPL ASSMNT DIST MI  | Four Lakes Special Assessment District                                           | CUSIP: 35088BAM8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2170000 | PA      | $2335847.24   | 0.37%             | 2037-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FRANKLIN IN SEWAGE WKS REVENUE | City of Franklin IN Sewage Works Revenue                                         | CUSIP: 353606FH4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $369079.80    | 0.06%             | 2042-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FULSHEAR MUNI UTILITY DIST NO  | Fulshear Municipal Utility District No 3A                                        | CUSIP: 35986CPA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $194835.84    | 0.03%             | 2039-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FULSHEAR MUNI UTILITY DIST NO  | Fulshear Municipal Utility District No 3A                                        | CUSIP: 35986CQA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    795000 | PA      | $783340.61    | 0.12%             | 2038-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FULSHEAR MUNI UTILITY DIST NO  | Fulshear Municipal Utility District No 3A                                        | CUSIP: 35986CQB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    830000 | PA      | $808568.74    | 0.13%             | 2039-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| GEORGIA ST MUNI ASSN INC LEASI | Georgia Municipal Association Inc                                                | CUSIP: 373293DM8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1550000 | PA      | $1411048.86   | 0.22%             | 2055-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| GEORGIA ST HSG & FIN AUTH REVE | Georgia Housing & Finance Authority                                              | CUSIP: 37353PGG8<br>LEI: 549300I628IMF9PWV724 | Long             | DBT              | MUN               | US        |    745000 | PA      | $516052.86    | 0.08%             | 2050-06-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| GODLEY TX                      | City of Godley TX                                                                | CUSIP: 380316AH2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1560000 | PA      | $1721290.74   | 0.27%             | 2036-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GRAND PARKWAY TRANSPRTN CORP T | Grand Parkway Transportation Corp                                                | CUSIP: 38611TAP2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2640307.00   | 0.42%             | 2044-10-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| GRAND RIVER CO HOSP DIST       | Grand River Hospital District                                                    | CUSIP: 386448EJ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $79552.13     | 0.01%             | 2031-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| GRANT CNTY WA                  | County of Grant WA                                                               | CUSIP: 387802GG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    800000 | PA      | $844958.16    | 0.13%             | 2050-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| GTR ORLANDO FL AVIATION AUTH A | Greater Orlando Aviation Authority                                               | CUSIP: 392274W93<br>LEI: 549300CP6PUG5S184F61 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1019599.30   | 0.16%             | 2036-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GREENVILLE-SPARTANBURG SC ARPT | Greenville-Spartanburg Airport District                                          | CUSIP: 396613DJ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1048122.20   | 0.17%             | 2054-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| HAMILTON CNTY & CHATTANOOGA SP | Hamilton County & Chattanooga Sports Authority                                   | CUSIP: 407081AW8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1126993.90   | 0.18%             | 2055-12-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| HEBER SPRINGS AR SALES & USE T | City of Heber Springs AR Sales & Use Tax                                         | CUSIP: 422503CJ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     60000 | PA      | $58974.23     | 0.01%             | 2047-06-01      | Fixed         | 1.62%                 | No            |                  2 | On Loan: No      |
| HGR EDU FACS FING AUTH FL HGR  | Florida Higher Educational Facilities Financing Authority                        | CUSIP: 42982GAA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $996873.80    | 0.16%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HILLSBORO IL                   | City of Hillsboro IL                                                             | CUSIP: 431794EX0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    940000 | PA      | $962346.34    | 0.15%             | 2050-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HILLSBORO IL                   | City of Hillsboro IL                                                             | CUSIP: 431794EY8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    775000 | PA      | $791526.88    | 0.13%             | 2054-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HINDS CNTY MS COPS             | County of Hinds MS                                                               | CUSIP: 433114AD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $448476.10    | 0.07%             | 2054-09-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| HOUSTON CNTY AL BRD OF EDU SPL | Houston County Board of Education                                                | CUSIP: 44187RBQ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    445000 | PA      | $308447.30    | 0.05%             | 2040-12-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| IDAHO ST HSG & FIN ASSN NONPRO | Idaho Housing & Finance Association                                              | CUSIP: 45129GLC7<br>LEI: 5493002WM3NYB1LQB744 | Long             | DBT              | MUN               | US        |    500000 | PA      | $515096.05    | 0.08%             | 2058-05-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST FIN AUTH HEALTH SV | Illinois Finance Authority                                                       | CUSIP: 452031AM9<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    775000 | PA      | $810701.15    | 0.13%             | 2034-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST FIN AUTH REVENUE   | Illinois Finance Authority                                                       | CUSIP: 45203H5E8<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |     60000 | PA      | $57770.76     | 0.01%             | 2037-11-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST FIN AUTH STUDENT H | Illinois Finance Authority                                                       | CUSIP: 45203KAM7<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    500000 | PA      | $506279.75    | 0.08%             | 2032-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST FIN AUTH STUDENT H | Illinois Finance Authority                                                       | CUSIP: 45203KAN5<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   1040000 | PA      | $1041414.92   | 0.17%             | 2037-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST HSG DEV AUTH REVEN | Illinois Housing Development Authority                                           | CUSIP: 45203MK34<br>LEI: 54930053Z6M9JVHBQZ16 | Long             | DBT              | MUN               | US        |   2400000 | PA      | $2722390.80   | 0.43%             | 2055-10-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST FIN AUTH REVENUE   | Illinois Finance Authority                                                       | CUSIP: 45204FWN1<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    500000 | PA      | $525559.10    | 0.08%             | 2047-04-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST FIN AUTH REVENUE   | Illinois Finance Authority                                                       | CUSIP: 45204FWQ4<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    350000 | PA      | $366661.47    | 0.06%             | 2049-04-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST FIN AUTH REVENUE   | Illinois Finance Authority                                                       | CUSIP: 45204FYC3<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1214992.56   | 0.19%             | 2044-04-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST SPORTS FACS AUTH   | Illinois Sports Facilities Authority/The                                         | CUSIP: 452143FT2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1062117.60   | 0.17%             | 2030-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| INDIANAPOLIS IN LOCAL PUBLIC I | Indianapolis Local Public Improvement Bond Bank                                  | CUSIP: 45528U7V7<br>LEI: 549300LX8ESJHDSESB87 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2222894.60   | 0.35%             | 2048-02-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| IOWA ST FIN AUTH REVENUE       | Iowa Finance Authority                                                           | CUSIP: 46247SGL2<br>LEI: 549300NQVL49BTHOW391 | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1412633.82   | 0.22%             | 2042-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| JACKSONVILLE AL ST UNIV REVENU | Jacksonville State University                                                    | CUSIP: 469205KK3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $518947.65    | 0.08%             | 2036-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| JACKSONVILLE PUBLIC EDUCTNL BL | Jacksonville Public Educational Building Authority                               | CUSIP: 469480BV8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2514969.75   | 0.40%             | 2056-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| JEFFERSON CITY MO SCH DIST     | Jefferson City School District/MO                                                | CUSIP: 472538MH7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1350388.13   | 0.21%             | 2044-03-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| JEFFERSON CNTY AL SWR REVENUE  | County of Jefferson AL Sewer Revenue                                             | CUSIP: 472682ZR7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1031480.20   | 0.16%             | 2049-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| KANKAKEE IL SWR REVENUE        | City of Kankakee IL Waterworks & Sewerage System                                 | CUSIP: 484458HU1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    915000 | PA      | $977017.60    | 0.16%             | 2037-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KANSAS CITY MO INDL DEV AUTH A | Kansas City Industrial Development Authority                                     | CUSIP: 48504NBW8<br>LEI: 549300QWDXL46XQC8110 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1071105.60   | 0.17%             | 2031-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KING CNTY WA HSG AUTH          | King County Housing Authority                                                    | CUSIP: 494759PW7<br>LEI: 549300TZU8KSWALVD392 | Long             | DBT              | MUN               | US        |    600000 | PA      | $605304.90    | 0.10%             | 2036-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| KLAMATH CNTY OR SCH DIST       | Klamath County School District                                                   | CUSIP: 498368DX4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $20068.56     | 0.00%             | 2037-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| LA PORTE IN SWR WKS REVENUE    | City of La Porte IN Sewage Works Revenue                                         | CUSIP: 504046EC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000039.40   | 0.16%             | 2029-09-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| LOUISVILLE & JEFFERSON CNTY KY | Louisville/Jefferson County Metropolitan Government                              | CUSIP: 54659LBQ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1280000 | PA      | $1300808.83   | 0.21%             | 2032-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MAIN STREET NATURAL GAS INC GA | Main Street Natural Gas Inc                                                      | CUSIP: 56035DDH2<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   1025000 | PA      | $1046551.55   | 0.17%             | 2052-07-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| MAIN STREET NATURAL GAS INC GA | Main Street Natural Gas Inc                                                      | CUSIP: 56035DEE8<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |    350000 | PA      | $370824.48    | 0.06%             | 2052-12-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| MANDAN ND PARK FACS SALES TAX  | City of Mandan ND Sales Tax Revenue                                              | CUSIP: 56257PAN6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $176833.18    | 0.03%             | 2036-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| MARANA AZ PLEDGED EXCISE TAX R | Town of Marana AZ Pledged Excise Revenue                                         | CUSIP: 56574CCB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    225000 | PA      | $236047.12    | 0.04%             | 2038-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MARICOPA CNTY AZ INDL DEV AUTH | Maricopa County Industrial Development Authority                                 | CUSIP: 56678PAT4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1520893.80   | 0.24%             | 2042-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MARICOPA CNTY AZ SCH DIST #83C | Maricopa County School District No 83-Cartwright Elementary                      | CUSIP: 567405KL8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    875000 | PA      | $927040.89    | 0.15%             | 2042-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST EDUCTNL FING  | Massachusetts Educational Financing Authority                                    | CUSIP: 57563RTU3<br>LEI: 5493007K5OP7V6CL0Y88 | Long             | DBT              | MUN               | US        |    135000 | PA      | $135316.72    | 0.02%             | 2044-07-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST DEV FIN AGY R | Massachusetts Development Finance Agency                                         | CUSIP: 57583RJG1<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |    775000 | PA      | $827318.39    | 0.13%             | 2033-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| MAYERS CA MEMORIAL HOSP DIST   | Mayers Memorial Hospital District                                                | CUSIP: 578037AH6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    360000 | PA      | $291918.06    | 0.05%             | 2030-08-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| MONTGOMERY CNTY OH HOSP REVENU | County of Montgomery OH                                                          | CUSIP: 613520MY8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $94652.19     | 0.02%             | 2034-08-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| OREGON ST                      | State of Oregon                                                                  | CUSIP: 68609UPQ2<br>LEI: 549300R5SUGZRD8KP359 | Long             | DBT              | MUN               | US        |    250000 | PA      | $273223.95    | 0.04%             | 2045-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| PALM BEACH CNTY FL EDUCTNL FAC | Palm Beach County Educational Facilities Authority                               | CUSIP: 696506AM6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    270000 | PA      | $272781.57    | 0.04%             | 2028-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PETTIS CNTY MO SCH DIST SEDALI | Pettis County School District No 200 Sedalia                                     | CUSIP: 716787FP6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1018479.60   | 0.16%             | 2046-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KENTUCKY ST PUBLIC ENERGY AUTH | Kentucky Public Energy Authority                                                 | CUSIP: 74440DFN9<br>LEI: 549300XEJZWHYSY4SL55 | Long             | DBT              | MUN               | US        |   1700000 | PA      | $1823237.93   | 0.29%             | 2055-06-01      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| SPARTANBURG CNTY SC SCH DIST # | Spartanburg County School District No 4/SC                                       | CUSIP: 847031CZ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1049519.60   | 0.17%             | 2052-03-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| STOCKTON CA UNIF SCH DIST      | Stockton Unified School District                                                 | CUSIP: 861419SC4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $567924.45    | 0.09%             | 2050-08-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| SUMNER WA WTR & SWR REVENUE    | City of Sumner WA Water & Sewer Revenue                                          | CUSIP: 866465JQ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $217335.24    | 0.03%             | 2040-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SUMNER WA WTR & SWR REVENUE    | City of Sumner WA Water & Sewer Revenue                                          | CUSIP: 866465JZ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1700000 | PA      | $1770857.87   | 0.28%             | 2049-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TAMPA FL WTR & WSTWTR SYS REVE | City of Tampa FL Water & Wastewater System Revenue                               | CUSIP: 875291BM7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1046651.20   | 0.17%             | 2047-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TARRANT CNTY TX HOSP DIST      | Tarrant County Hospital District                                                 | CUSIP: 876387EZ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $237312.58    | 0.04%             | 2043-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| VIRGINIA ST PORT AUTH CMWLTH P | Virginia Port Authority Commonwealth Port Fund                                   | CUSIP: 928075KG4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1063825.70   | 0.17%             | 2048-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| VIRGINIA ST SMALL BUSINESS FIN | Virginia Small Business Financing Authority                                      | CUSIP: 928104LZ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    520000 | PA      | $521352.47    | 0.08%             | 2029-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ALABAMA ST CORRS INSTN FIN AUT | Alabama Corrections Institution Finance Authority                                | CUSIP: 010507CG4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $542455.15    | 0.09%             | 2037-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ARIZONA ST INDL DEV AUTH EDU R | Arizona Industrial Development Authority                                         | CUSIP: 04052BFR0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $100436.27    | 0.02%             | 2032-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ARIZONA ST INDL DEV AUTH EDU R | Arizona Industrial Development Authority                                         | CUSIP: 04052BMA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    190000 | PA      | $189246.76    | 0.03%             | 2030-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BLACK BELT ENERGY GAS DIST AL  | Black Belt Energy Gas District                                                   | CUSIP: 09182TDU8<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |    500000 | PA      | $542669.00    | 0.09%             | 2055-05-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| BREVARD CNTY FL HLTH FACS AUTH | Brevard County Health Facilities Authority                                       | CUSIP: 107416QP7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $749167.73    | 0.12%             | 2052-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BRUSHY CREEK TX REGL UTILITY A | Brushy Creek Regional Utility Authority Inc                                      | CUSIP: 117467FQ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $402624.08    | 0.06%             | 2031-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BURKE CNTY GA DEV AUTH POLL CO | Development Authority of Burke County/The                                        | CUSIP: 121342MW6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5000000.00   | 0.80%             | 2049-07-01      | Variable      | 2.40%                 | No            |                  2 | On Loan: No      |
| ELKTON PIGEON BAY PORT MI SCHD | Elkton-Pigeon-Bay Port Laker Schools                                             | CUSIP: 288101GK8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    470000 | PA      | $496367.38    | 0.08%             | 2045-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| FLORIDA ST HSG FIN CORP REVENU | Florida Housing Finance Corp                                                     | CUSIP: 34074MSH5<br>LEI: 549300W0PCIJCI0JCF10 | Long             | DBT              | MUN               | US        |     40000 | PA      | $39223.38     | 0.01%             | 2045-01-01      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| FORT BEND CNTY TX MUNI UTILITY | Fort Bend County Municipal Utility District No 142                               | CUSIP: 34681WXU3<br>LEI: 549300HZFUBQ9TNZ9K84 | Long             | DBT              | MUN               | US        |    220000 | PA      | $166150.89    | 0.03%             | 2037-09-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| FORT LAUDERDALE FL WTR & SWR R | City of Fort Lauderdale FL Water & Sewer Revenue                                 | CUSIP: 347658ZX7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    550000 | PA      | $594743.22    | 0.09%             | 2048-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FORT WORTH TX SPL TAX REVENUE  | City of Fort Worth TX                                                            | CUSIP: 349507DU4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1356980.63   | 0.22%             | 2043-03-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FRANKLIN IN SEWAGE WKS REVENUE | City of Franklin IN Sewage Works Revenue                                         | CUSIP: 353606FJ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $418089.60    | 0.07%             | 2043-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GALVESTON CNTY TX MUNI UTILITY | Galveston County Municipal Utility District No 36                                | CUSIP: 36423HCH6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    195000 | PA      | $225512.70    | 0.04%             | 2034-09-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| GLENDALE AZ INDL DEV AUTH SENI | Glendale Industrial Development Authority                                        | CUSIP: 378287AN6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $488978.30    | 0.08%             | 2031-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| GLENDALE AZ INDL DEV AUTH SENI | Glendale Industrial Development Authority                                        | CUSIP: 378287AS5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    230000 | PA      | $228605.49    | 0.04%             | 2027-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| GOBLES MI PUBLIC SCHS          | Gobles Public Schools                                                            | CUSIP: 380208JJ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    850000 | PA      | $891245.06    | 0.14%             | 2046-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LONG ISLAND NY PWR AUTH ELEC S | Long Island Power Authority                                                      | CUSIP: 542691LD0<br>LEI: 1R46U5SYJ63KQXF39168 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1492255.95   | 0.24%             | 2055-09-01      | Variable      | 3.00%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CA DEPT OF ARPTS A | City of Los Angeles Department of Airports                                       | CUSIP: 544445GR4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $527387.60    | 0.08%             | 2033-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CA DEPT OF WTR & P | Los Angeles Department of Water & Power Water System Revenue                     | CUSIP: 544525XF0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    540000 | PA      | $542989.17    | 0.09%             | 2048-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MAIN STREET NATURAL GAS INC GA | Main Street Natural Gas Inc                                                      | CUSIP: 56035DKE1<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |    450000 | PA      | $488752.47    | 0.08%             | 2033-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MARANA AZ PLEDGED EXCISE TAX R | Town of Marana AZ Pledged Excise Revenue                                         | CUSIP: 56574CCC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    225000 | PA      | $235069.76    | 0.04%             | 2039-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MARYLAND ST ECON DEV CORP ECON | Maryland Economic Development Corp                                               | CUSIP: 57420NBX8<br>LEI: 549300JJ16DDBSZWSN94 | Long             | DBT              | MUN               | US        |    500000 | PA      | $520177.35    | 0.08%             | 2030-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MIAMI CNTY KS UNIF SCH DIST #3 | Miami County Unified School District No 367 Osawatomie                           | CUSIP: 593286JT5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    480000 | PA      | $506200.70    | 0.08%             | 2043-09-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST HSG DEV AUTH SF MT | Michigan State Housing Development Authority                                     | CUSIP: 594654C94<br>LEI: 549300NSWW1HVXE93T03 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1393721.25   | 0.22%             | 2055-12-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST STRATEGIC FUND LTD | Michigan Strategic Fund                                                          | CUSIP: 594698QT2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    305000 | PA      | $305379.05    | 0.05%             | 2043-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MISSISSIPPI ST DEV BANK SPL OB | Mississippi Development Bank                                                     | CUSIP: 60534WJH2<br>LEI: 549300122LOI8CB50V38 | Long             | DBT              | MUN               | US        |     30000 | PA      | $30015.35     | 0.00%             | 2030-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MISSISSIPPI ST DEV BANK SPL OB | Mississippi Development Bank                                                     | CUSIP: 60534WU97<br>LEI: 549300122LOI8CB50V38 | Long             | DBT              | MUN               | US        |     85000 | PA      | $90133.10     | 0.01%             | 2030-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MISSOURI ST HLTH & EDUCTNL FAC | Health & Educational Facilities Authority of the State of Missouri               | CUSIP: 60636AWH2<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |    500000 | PA      | $503663.85    | 0.08%             | 2032-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MISSOURI ST DEV FIN BRD INFRAS | Missouri Development Finance Board                                               | CUSIP: 60636SMG6<br>LEI: 549300JD8BCNBV9D3830 | Long             | DBT              | MUN               | US        |   1050000 | PA      | $1108615.41   | 0.18%             | 2050-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| MISSOURI ST HLTH & EDUCTNL FAC | Health & Educational Facilities Authority of the State of Missouri               | CUSIP: 60637AYP1<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1334093.40   | 0.21%             | 2032-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Federated Institutional Tax-Fr | Federated Institutional Tax-Free Cash Trust                                      | CUSIP: 60934N666<br>LEI: 254900WXT2EYU7K33C03 | Long             | STIV             | RF                | US        |   7616423 | NS      | $7616423.33   | 1.21%             |  |  |  | No            |                  1 | On Loan: No      |
| MONROE CNTY NY INDL DEV AGY MF | Monroe County Industrial Development Corp                                        | CUSIP: 610758AA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    984281 | PA      | $1014798.21   | 0.16%             | 2040-11-01      | Fixed         | 4.84%                 | No            |                  2 | On Loan: No      |
| MONTANA ST FAC FIN AUTH HLTH C | Montana Facility Finance Authority                                               | CUSIP: 612043KV0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $520363.50    | 0.08%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MORONGO CA UNIF SCH DIST       | Morongo Unified School District                                                  | CUSIP: 617736JQ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    425000 | PA      | $451308.10    | 0.07%             | 2041-08-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| NATIONAL FIN AUTH NH REVENUE   | New Hampshire Business Finance Authority                                         | CUSIP: 63607YCV0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1030324.20   | 0.16%             | 2045-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| NEEDLES CA UNIF SCH DIST       | Needles Unified School District                                                  | CUSIP: 640023EF0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    875000 | PA      | $721732.11    | 0.11%             | 2041-08-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK CITY NY MUNI WTR FIN  | New York City Municipal Water Finance Authority                                  | CUSIP: 64972GC69<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |   3510000 | PA      | $3510000.00   | 0.56%             | 2044-06-15      | Variable      | 2.45%                 | No            |                  2 | On Loan: No      |
| NEW YORK CITY NY MUNI WTR FIN  | New York City Municipal Water Finance Authority                                  | CUSIP: 64972GNL4<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1540335.00   | 0.25%             | 2037-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PORT BELLINGHAM WA             | Port of Bellingham WA                                                            | CUSIP: 733624GK0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $654780.00    | 0.10%             | 2031-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PORT OF PORT ARTHUR TX NAV DIS | Port of Port Arthur Navigation District                                          | CUSIP: 735220AT2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $500000.00    | 0.08%             | 2040-04-01      | Variable      | 2.65%                 | No            |                  2 | On Loan: No      |
| PORT OF PORT ARTHUR TX NAV DIS | Port of Port Arthur Navigation District                                          | CUSIP: 735220AX3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5000000.00   | 0.80%             | 2040-11-01      | Variable      | 2.95%                 | No            |                  2 | On Loan: No      |
| PORT OF SEATTLE WA REVENUE     | Port of Seattle WA                                                               | CUSIP: 7353892P2<br>LEI: 549300T9UCDUJ3GZL429 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1605209.55   | 0.26%             | 2042-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WI REVENUE     | Public Finance Authority                                                         | CUSIP: 74442PMR3<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    650000 | PA      | $671094.65    | 0.11%             | 2028-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WI REVENUE     | Public Finance Authority                                                         | CUSIP: 74442PMT9<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    325000 | PA      | $332416.92    | 0.05%             | 2034-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WI SENIOR LIVI | Public Finance Authority                                                         | CUSIP: 74443UAS2<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    250000 | PA      | $250869.50    | 0.04%             | 2026-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| REDMOND OR                     | City of Redmond OR                                                               | CUSIP: 757657ZS3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1056227.60   | 0.17%             | 2052-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| RIVER ISLANDS CA PUBLIC FING A | River Islands Public Financing Authority                                         | CUSIP: 76827QLN1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    800000 | PA      | $837365.60    | 0.13%             | 2050-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ROMEOVILLE IL REVENUE          | Village of Romeoville IL                                                         | CUSIP: 77615NAU8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $300033.75    | 0.05%             | 2035-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ROSEMONT IL                    | Village of Rosemont IL                                                           | CUSIP: 777543YL7<br>LEI: 5493007BOTZDVXZYCM52 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1028888.20   | 0.16%             | 2042-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SAINT CLAIR CNTY IL CMNTY UNIT | St Clair County Community Unit School District No 187 Cahokia                    | CUSIP: 788550MN8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $258980.08    | 0.04%             | 2044-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ST JOHNS CNTY HSF FIN AUTH     | St Johns County Housing Finance Authority                                        | CUSIP: 79039AAB2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $500179.00    | 0.08%             | 2028-12-01      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| SAINT JOSEPH CNTY IN ARPT AUTH | St Joseph County Airport Authority                                               | CUSIP: 790606FG7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    155000 | PA      | $141693.65    | 0.02%             | 2028-07-01      | Fixed         | 0.01%                 | No            |                  2 | On Loan: No      |
| SHELBY CNTY TN HLTH EDUCTNL &H | Shelby County Health Educational & Housing Facilities Board                      | CUSIP: 821697S75<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $763575.98    | 0.12%             | 2035-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SOUTHEAST ENERGY AUTH AL COMMO | Southeast Energy Authority A Cooperative District                                | CUSIP: 84136FBT3<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1060041.20   | 0.17%             | 2054-01-01      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| WISCONSIN ST HSG & ECON DEV AU | Wisconsin Housing & Economic Development Authority Housing Revenue               | CUSIP: 976904X64<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1021943.40   | 0.16%             | 2046-11-01      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| WISCONSIN ST HLTH & EDUCTNL FA | Wisconsin Health & Educational Facilities Authority                              | CUSIP: 97712JLX9<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1019269.50   | 0.16%             | 2039-11-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-10-23

**Name of Applicant:** Baird Funds Inc

**Signature:** Baird Funds Inc

**Name of Signer:** Peter Hammond

**Title:** Vice President